stuart: i am beginning to sound like a broken record but we see new york city bathed in early fall sunshine all the way through to the election. lauren: a nice warm halloween. stuart: i can't remember a time there has been weather this good for so long. back to that. 10:00 eastern. look at the market on the nasdaq, much of the dow lost is accounted for by mcdonald's which is taking a 7% hit this morning, the 10 year treasury yield is moving up 4.25%. that is not good for the market. the 2-year treasury firmly above 4%. the price of oil $71 a barrel.

$66,000 a coin. realtors, listen up. the latest read on existing home sales, the biggest thing in the retail business. the number, please. ashley: the number is 3.84 million units. we are looking for more than that, much change from august, high mortgage rates, higher prices sales suffering. stuart: what a month. stuart: thanks very much. for now now this. no wonder kamala harris doesn't want to campaign with joe biden but the president has become an

embarrassment, a loose cannon. in concorde, new hampshire, they said lock him up. he tried to correct himself saying politically lock him up at the damage was done. he admitted his administration employed lawfair, the courts to win in politics. listen to the president himself. >> president biden: it sounds like i said this five days ago, lock me up. lock him up. [applause] >> lock him out. that's what we have to do. stuart: that won't help pears, she was part of the team that went to court to try to get trump indicted and sent to prison before the election. it was disgraceful manipulation of the legal system to beat a political opponent and it failed. trump's support went up with every indictment. look what the harris campaign has become. angry, negative, full on, hate

trump, he's dangerous, unstable. and tuesday, she took the day to prep, what trump who was clearly comfortable at a mcdonald's, barbershop, appearing for hours on podcasts. on friday he will sit down with the podcast king, joe rogan. no wonder the harris campaign is said to be exhausted. they have to mop up the president's mistakes and a very poor candidate the next 13 days. second hour of varney just getting started. liz peek joining us. is biden, he' s a detriment to harris, the you agree with that?

liz: i do. it reminds us of the essential ally of the last 3. 5 years which was that joe biden was just fine. we knew in 2,020 but the media and democrat coalition cover and it up. kamala harris lied to us for 3.5 years about the mental state, good to see him on the stump. i wasn't sure he was still there. everything about this is in an embarrassment and it is not an investment her campaign but she's doing almost nothing with him. stuart: you want to see harris, you want to see trump attack harris. you want to see that. liz: the new york times said trump is doubling down on immigration, what he thinking?

the economy is the big thing for people, inflation is the big thing. this is his original complaint about democrat administrations going back to this influx of illegals. everybody is mad about it, hispanic voters, we are seeing is the outcome in terms of the way we vote for trump. more than that, illegal immigration is involved in other issues, think of the budget it that blue cities take. think of the crime impact about this administration, 90 executive orders president biden signed, this was not an act of god, this they intended to do and it's hurting the country.

what they were tagged with, she was the border czar whether they try to pretend, and something no one is talking about, whether they downplay the numbers. what if kamala has another four years, they throw the doors open again? that would be a catastrophe, trump has to talk about this. kamala harris continues to defend biden's mental acuity. ashley: in an interview, harris refuses to acknowledge she wasn't truthful to the country about the mental state of joe biden. >> can you say you are honest about what you saw in those

moments? >> joe biden is an extremely accomplished experienced and capable in every way anyone would want. >> ever see anything like what happened ae closed doors? >> it was a bad debate and that is why you are here and he is not running for the top of the ticket. >> you have to ask if that's the only reason why. stuart: harris went on to say that biden's a conference speak for themselves and maintains she did not lie to the american people when she said the president was mentally competent. ashley: back to the markets, the red ink, down 165, down 200 on the dow, because of rising interest rates.

eddie ghabour, let's talk politics. what happens to the market? if kamala harris wins? >> markets don't like surprises, this is pricing in a trump victory. of harris surprises with a winter this market you will see initial selloff of it could be pretty steep short-term and then it will have to look at the senate. of republican's get the senate and she wins, it will cool things down. the initial reaction will be down. stuart: what happens to the market if we don't get in election results, two weeks from today we don't have a result, what does the market do? >> the longer that stretches out the more uncertainty there is. the market thinks trump is a

clear winner and anything other than that on tuesday, the market won't like it and the need to be prepared for initial selloff, could be a buying opportunity in december. stuart: could interest rates, going up recently, could this killed a rally we've seen recently? >> the bond market is sending a crystal clear message, why we took some off the table the the fed made a policy mistake by aggressively cutting this economic environment. i think they will cut again in november and december so in our opinion the big risk that is priced in will absolutely happen next year, and a 10 year treasury over 5% hitting 6 in the first half of next year. inflation is celebrating but as -- stuart: 5% or 6% on the 10 year

treasury by next year the would kill the rally. thanks for joining us. individual stocks, starbucks to start with down again, pumpkin spice, lottery season, not helping sales. tell me more. ashley: i'm a fan of pumpkin spice lattes. >> i can only buy it when i can expense it. $7 billion is my order. stuart: a fancy cup of coffee? >> yes. trust me, this down number we see is because of a semi-disastrous pulmonary earnings report released yesterday. earnings showed a steep drop in

same-store sales 7% globally and down 10% in north america, the most important market. the coffee giant had a traffic decline the full fiscal year and won't provide earnings guidance for the next year. talk to customers, see what they think about it today. >> the prices have gotten pretty high so i try to do it as much as possible, prices are high, costs $5 for a cup of coffee, 7 or 8. >> very expensive here. i am a little committed. i go every day. >> i don't get it very often. usually make it at home on a trip and it's a luxury to get it but if i get it every day that would be an issue with the cost so high. lauren: i did this this

morning, i'm drinking my free fox to you, didn't pick up the starbucks myself out there. the ceo, brian nichols, took over in december after they brought him into do the same turnaround for starbucks. saying our fourth-quarter performance makes it clear we need to fundamentally change our strategy so we can get back to what we were doing back to starbucks plan. they have not talked about what the plan entails but he will give more details on october 30th. the people i spoke to were all coming out of starbucks. those are current customers with the brand. they will try to get back into the store. stuart: i don't like waiting in line for a $6 cup of coffee. lauren: the wait times. lauren: stuart: the choices, they can't make it fast enough. we are out of time. still ahead.

biden claims world leaders are terrified of a trump win. >> president biden: they quietly say joe, he can't win. my democracy is at stake. stuart: congressman mike waltz is going to deal with that. will kamala harris abolish ice? roll tape. >> the you consider if you are president starting from scratch with ice? >> let me tell you what customs and border patrol agents need and what the immigration system needs, it needs to be fixed. stuart: that's a complete dodge. we will ask tom homan what he thinks next. is never easy, but starting it eight months pregnant, that's a different story. with the chase ink card, we got up and running in no time. earn unlimited 1.5% cash back

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stuart: the red ink flows, 200 and the nasdaq 137. that's worth trumping the market today. they are sharply scaling back production of the vision pro mixed reality head set, the goggles. apple and goldman sachs have been ordered to pay $89 million for apple card failures. the white house celebrating new border data that shows illegal crossings fell to a 4-year low. griff jenkins joins me. do these figures, these numbers include got aways at the border? >> reporter: they do not include got aways but i can share them, sources tell us 243,000 known got aways, the

public numbers, 101,000 encounters for september, lowest month in four years. 44,000, and in 2023, 1.4 million have been allowed to enter legally. from cuba, haiti, nicaragua and venezuela, white house taking that victory lap saying border crossings dropping 50% at the lowest levels. encounters are lower than they were the last several months of the previous administration. the by demonstration has taken effective action and republican officials continue to do nothing. one number the administration is not highlighting, fiscal year total was 2 million for the third straight year, something never seen under any

previous administration and senator j.d. vance is blasting. >> you can become passionate about this but i reject the argument that kamala harris's open border which led to 320,000 missing children, that led to 11, 12-year-old girls being sex trafficked by mexican drug cartels. >> reporter: another caravan after southern mexico, unclear how many of those might plan to use the apps as opposed to crossing illegally. stuart: former acting ice director tom homan joins me this morning. did the border improve once biden adopted some of trump's policies as the administration claims? >> absolutely not. illegal aliens, the same population to create two programs, they use that in

court, simply shifting the populations sending people through the cvp one apps through the port of entry, 30,000 a month into the airport, the cvp one apps, the got aways, the number built this story and lying to the american people what's happening on the southern border. of the when kamala harris was asked if she would abolish ice. here's the response. >> would you consider starting from scratch with ice? >> let me tell you what customs and border patrol agents need, what immigration system needs, it needs to be fixed. and it needs to be fixed in a number of ways that include bringing forth a bill conservative members of congress and others pool together, we support actively. it would give us more resources to do what we need to do to prosecute transnational

criminal organizations, some thing i have done. what happened to that bill? donald trump. stuart: this is my opinion. harris never has or will acknowledge any responsibly for the border. >> absolutely not. the bill that donald trump, never left the senate. 8 democrats voting against it, not one republican. should have passed hr 2 and only broke this bill because of the election, that we know will never pass and bring republicans to the border but i agree with her, she says -- because she broke, this administration, we are going to focus on criminal aliens. the criminal alien deportations are down 74%, more criminal aliens walking the streets of america.

take the handcuffs off ice and let them do what they do best to force immigration laws in this country and there's no consequences, what are we doing? ice has removal and if they don't, shut down immigration court. off of the border, no consequences. let ice do their job. when you have due process at taxpayer expense, they have to go home and i says to do their job. stuart: thanks for joining us, see you soon. is trump's madison square garden rally being sabotaged? george conway is encouraging his followers on x to sign up and not attend? the tell -- we will tell you the trump's campaign's attempt. 83,000 more registered democrats than republicans, get a republican won the county

executive in 2021. that is active will tell us why he thinks trump will win this year in nassau county. ♪

stuart: on the markets the dow is down 200 points and the nasdaq down 137. rising interest rates is the problem. look at the 10-year treasury up 4. 4%. not long ago it was 3-eight. the 2-year treasury yield is firmly above 4%. and rising. the market doesn't like it. kroger's potential record $24 billion of albertsons faces multiple legal challenges. they don't want this thing to go through. lydia: they are throwing everything they can at the potential marker, the largest supermarket merger in us history creating 5000 stores,

700,000 employees across 48 states. the ftc was joined by nine state suing to block the merger, the agency rested its case last month. this week, two additional state court trials are concluding j judge will hear closing arguments today. regulators say allowing the grocery chains to merge will reduce competition and will lead to increased prices for consumers. executives from kroger and albertsons testified, pushing back hard and say this merger will bring prices down. they also argued we have to look at the food market very broadly, not just traditional grocery stores but amazon, walmart, costco, the big guys, kroger and albertsons can't emerge, they can't compete with bigger players. regulators raise another concern about workers.

they say the merger will hurt collective-bargaining. that is why the big union, united food and workers commercial union oppose the merger but what's interesting is i spoke with a local chapter who represents the new york new jersey region who says this area will benefit. watch. >> the midwest, we would lose a lot of jobs. it would probably amount to growth. it is dichotomous situation, the merger would be helpful to some areas and a detriment to others. lydia: we have no timeline on the core decisions. if i could offer my observations of this administration is criticized by inflation or adding to it, 20% higher than when biden took

office, they are going after the food business, you've got to ask why. stuart: donald trump will hold a rally in madison square garden. alexis mcadams is there. is someone trying to sabotage this? >> reporter: group of internet trolls and trump opponents posting on social media they plan to register as many tickets as they can from madison square garden was when he gets on stage on sunday they are trying to mess with the turnout and lead to a lower corral. some of the folks we are talking about from social you, people posting these screenshots showing they signed up for the event and received a text message they can use to enter msg on sunday but the plan is to take up those spots and not fill any of the seeds. people might think this is a sly move, the trump campaign tells me it will be filled on a first come first-served basis

and they have a plan to prevent anything like this from happening, donald trump is not focused on those trolls. he is focused on filling the garden. >> holds 18 or 19, we have the floor that are sold out in 3 hours, that's a great honor. >> reporter: pretty amazing that he will be in new york, not the most popular guy in certain neighborhoods, his third rally in the state in this election cycle, you can see the large crowds that may stop in the south bronx. another in long island last month. depending where you are he has big crowds turn up. he says he's going to make a play to win new york. more than 20 percentage points. and the issues with migrant crime, those are reasons in certain neighborhoods across new york city and new york state they might turn red this election for the first time.

stuart: alexis mcadams. thanks very much. in nassau county outside new york city, there are nearly 1.4 million suburban residents and 83,000 more registered democrats than republicans. bruce blakeman joins me now. is trump going to win in heavily suburban nassau county? he is supposed to have trouble with suburbanites. >> reporter: he will do well in nassau county. when he came to the nassau coliseum he said it was the last crowd he appeared before, it was like game 7 of the islanders playoffs. the reason he's going to do that in the suburbs of philadelphia, pittsburgh, detroit, charlotte, atlanta, phoenix, you can go through the list of cities and suburbs, people want to get back to american values, stop the

invasion of our borders and back to law and order. stuart: you are a republican, you won the nassau county seat of the chief executive rolling 2021, that was before the abortion issue. what happens when abortion is front and center in front of suburban voters? >> i think donald trump made clear he doesn't support a national ban on abortion. in new york state they have laws in place that protect a woman's right to get an abortion which i've been a pro-choice republican all my life. there should be limits on how long a woman gets to decide. 15 weeks is very reasonable. after that you have to think about the life of the baby. stuart: if he wins nassau county that would be a big deal. bruce blakeman, hope to see you again soon. >> i guarantee it. stuart: clemson alumni, dave

and lynette snow, donated $25 million to the university. in their support of the study of capitalism. i want to hear more about this. ashley: got to love it. $25 million to support the study of capitalism looking at the moral principles of for free-market economic system. clemson says it is the only public university in the country directly addressing the and promoting the nation's founding principles through education and research. for the past ten years clemson's lyceum scholars program look ed at the moral foundations of a free society and the role capitalism plays in advancing the a just and virtuous society. the newly created snow institute for the study of capitalism will allow the school to bulova capacity from 40 to 80 scholars, and david

snow will be on "the big money show" at one:00 eastern. stuart: got to watch that. president biden called for trump to be locked up. said this five years ago, lock me up. lock him up. [applause] stuart: he just admitted his administration had employed lawfair. investigation continues into the leaked documents detailing his relapse attack plans. michael waltz on the push to find the mall in the intelligence services. got to get him next.

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treasury has hit 4.4%. big deal on the market. on wall street. look at walgreens. jeffries cut their price target from 19, to $9 a share, down 3%. israel says they killed the hezbollah official who is expected to be the group leader. trey yingst, the latest from there. >> reporter: hezbollah resumed rocket fire into northern and central israel. sirens sounded in his relapse second largest city of tel aviv sending hundreds of thousands of people to bomb shelters. those long-range rockets were intercepted by the missile defense system, the iron dome, expanding strikes to a fourth city today, evacuation orders were given for dozens of buildings before the strikes began. lebanese in the ground campaign

and displaced one million people asking when the war will end. the southern front, israel continues to push deeper into northern gaza. on a call with reporters the head of his relapse 8 effort spoke about entering gaza and big concern for the un, making it to the north of the strip. there was a question from fox news about a letter from the biden administration sent this month to israeli officials urging increasing humanitarian assistance to gaza, quote, there are some issues they ask for in the letter, part that we are ready and plummeted before the letter, part of those we will continue to work with them to implement and facilitate but the number of trucks that need to enter gaza because of security reasons we are not going to do it. us secretary of state antony blinken remained in the middle east working to find a diplomatic solution and offramp to avoid a broader regional war. stuart: thank you. congressman mike waltz from florida joins me now. you know this story.

the fbi investigating a leak about classified documents, israel's plans to attack iran. i think it is imperative we find this person because the leaks are a national security and they can influence the war. got to find this race. >> it's not just putting israeli lives at risk, in their response to iran's attacks on them but the damage to the relationship, the israeli intelligence services regularly provide intelligence and information and have done so and forwarded attacks in the united states and technology that form the basis for what they turned into the iron dome that saved millions of lives. this damages the relationship and if israeli stop trusting this administration lives are

going to be lost with real accountability. stuart: whosoever is doing this is actually aiding and abetting the enemy. to me that is trues and. would you go that far? >> that is treason. this isn't a violation of documents and needs to be treated that seriously. if iran moves towards a new it will be israeli and american military lives at risk not to mention the nuclear arms race that would explode all over the middle east. that's how serious this is but someone has an agenda, some type of iran apologist or has issue with israel literally putting lives at risk and putting the world at risk with this type of behavior and we need to throw the book at them. we want president biden says world leaders warned him democracy would be at stake.

>> the last 40 years and including germany. the g 20 or whatever it is, you can't win. democracy is at stake. democracy is at stake. stuart: what do you say? >> democracy is at stake, the israeli people right now, chuck schumer calling for regime change in their love a war with the democratically elected government. what happened in afghanistan and their fight against islamic extremism that is now coming back, threatening the world. what about freedom fighters in cuba who didn't get any support

and relaxation of sanctions with maduro. how about women in afghanistan and china that are being trafficked across the southern border and what is going on with their rights and freedoms and if you want to talk about the progressive left, all this talk about rhetoric about trump, the actions they are taking to stack the supreme court, limited the filibuster, the electoral college and on and on. that's the threat to democracy. what he is accusing is what is left is actually doing in the legislation is real and i'm talking actions redbone alleged rhetoric. stuart: a new book, hard truths, think and lead like a green beret. give me a 30-2nd pitch on it. >> green berets are different, we specialize in real warfare and the marshaling the tribes as a green beret in afghanistan and to deal with the tribes, it

is applicable today, not only politics to business to life and no proceeds to me, it all goes to veterans charities. stuart: you are a good man and thanks for being on the show. still ahead. in the new york times which is the bible of the democrat party, economist brett stevens writes there is one main culprit if donald trump wins. you might that culprit be? liberal voices in government, academia, and the media. that appears in the new york times. that's "my take" top of the hour. kamala harris made this stunning admission. >> the idea of the american dream was something previous generations could count on, not as much anymore. we won wasn't she vice president for the last four years. andy pudzner is next.

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harris had to say about the american dream. >> first of all, let me be very clear. mine will not be a continuation of the biden administration. i'm speaking with people of every background in every area of the country of every age. the idea of the american dream is something previous generations could count on, not as much anymore. stuart: in a taped interview with telemundo harris called herself a pragmatic capitalist will build up small business and increase homeownership. andy pudzner joins me, is she a pragmatic capitalist? >> i don't think he is a capitalist at all and understand what being a capitalist is, someone who believes in free markets actual years. every -- everything she talks about addresses the concerns of a group of voters harmed by the economic policies of the biden/harris era. not to solve the problems created by those economic policies.

not to create economic growth and drive this economy into something where people can enjoy the american dream again, interest rates are down or to buy the new house but to policies that encourage that kind of behavior. then we will see progress and we will not see that progress with vice president harris. stuart: an outbreak of e. coli linked to mcdonald's's quarter pounders. you used to run hardee's. would that experience, if the stock has fallen out nearly 5%, how would you deal with a situation like this? >> of 3 ceo's worst nightmare, we've got to understand and believe the number one concern is their safety and the safety,

every step you can take to get their confidence back. pulling all the tylenol off-the-shelf and put it in the safety send it has been used as an example of how you deal with that. the mcdonald's ceo has taken a quarter pounder which is a big seller for them off the big menu working with suppliers to deal with sliced onions but because this outbreak. they are doing what they can but they need to be helpful about it with a renewed commitment to safety and safety, the major concern at a mcdonald's restaurant. stuart: food is a big part of this political season. the demand for pure food, the food is active in this election season. i'm out of time. >> mcdonald's a couple weeks ago. stuart: that's good.

i am out of time. come back soon. on a related note, danny's plans to close 150 restaurants. what's going on? >> targeting stores that are underperforming with slowing sales. they are closing those restaurants was the family restaurant that has the slogan america's diner is always open, permanently close one hundred 50 locations. 50 locations closing by the end of this year. the remaining 100 will close in 2025. this is 1/10 of the restaurant they have so you still have one thousand 375 danny's still open. we don't have a list of which restaurants are going to be closed but we do know that danny's is targeting underperforming restaurants and restaurants they say are too old to be remodeled. the chain has long been known as being open 24/7, that changed it during the pandemic, certain locations closed. 1/4 have remained closed at certain times.

not every danny's is 24/seven. the stock is down 50% this year. stuart: a big shift. thanks. still ahead. mark - martha maccallum on whether kamala harris can run out the clock. can she avoid defining her policies for the next two weeks? bill hemmer on pennsylvania becoming the most expensive battleground state. the trump/here spending combined $538 million. john levine on chris cuomo going after democrats are trying to shield harris from criticism. san diego county supervisor desmond says the administration flying migrants out of san diego, this is a possible cover-up before the election. the 11:00 hour is next. ♪ ♪

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