david: time for the friday trivia question. how many pounds did the heaviest record turkey way? lauren: go big go home, 86. >> i will go a nice round 80. david: i will go for 80 as well. what is the number? lauren: 86. david: 86 is the number. how many did you have over for dinner? >> the five of us in our family. david: that is big in new york city. it lauren: i would say 15. david: 15, nice. love it. my wife and me. this weekend. that is it. be sure to watch "the big money show" at one:00 eastern. that's it for us. coast-to-coast starts right now. >> get in the, loser, we are going shopping.

>> reminded me of being home in africa. edward: black friday consumer madness, one hundred 83 million americans expected to shop the stores or online, super bowl for retailers and shoppers. i am edward lawrence on this holiday shopping season, the latest from the center of the action starting with jeff flock at cherry hill mall in cherry hill, new jersey. we finality net you out of the car and you found a parking spot. >> reporter: this is a mall i used to come to when i was a kid and i grew up in new jersey

and still going strong. this was the first indoor mall to be built east of the mississippi. so legendary and record-breaking sales this year. somebody says hello to us, there you go. appreciate that. okay. take a look at the numbers. get something off of this, how much are we going to spend? $79 billion is what the national retail federation says we could spend, almost one trillion dollars if i do my math correctly cover the busiest days today, one hundred 30 one million people out there today, most of them, when we think online is where it is, today, 65% brick-and-mortar. so brick and mortar not dead. why do people come out today? some of it is tradition but mostly it is for the deals. listen.

>> i'm looking for deals one hundred%. everybody is. everything is expensive. >> guilty. >> guilty as charged. >> didn't want to take a chance of not getting the free gifts. edward: my wife wanted the not looking for christmas gifts, we are a more selfish society. a lot of people wanting to buy for themselves and think it is a good time to come to the mall. there are deals. edward: thanks. appreciate it. the national retail federation

expecting a record year for holiday shopping. the ceo joins us to discuss the big weekend for retailers. thanks for being here, how many are expected to shop today and how much do they anticipate people will spend? >> thanks for the visit. a big weekend for the retail industry for the american economy, the record number we are predicting is up to 183 million shoppers, 20 million more than 20 years ago so it has jumped to dramatically. forecast for the holiday season as your colleagues mentioned is $990 billion for the season so going on $1 trillion, that is up substantially from last year so we are predicting 3.5% growth this year above last year so a robust holiday season and big weekend to officially kick it off. at edward: we see the expectation,

adobe saying american spent 6. one billion dollars online on thanksgiving alone yesterday, up 8.8%. members telling you there is more or less excitement this year than last year. >> we see things continue to evolve from the period after the pandemic when we had those pandemic payments, every one was performing at a very high level once inventory issues were sorted out. now what you are seeing is a consumer feeling the effects of higher for longer interest rates of this higher inflationary period so consumers are behaving in a more thoughtful and deliberate way, looking for value and sometimes value means price, sometimes it means exclusivity, sometimes quality or bang for the buck, we have a consumer that's continuing to evolve

based on economic conditions which is more challenging but overall we think it will be a healthy holiday season, consumers are better position than we give them credit for. edward: we see increased, the amount they are spending is more but is that a factor of inflation whereas you might have people buying the same items or less items but more for those items? >> reporter: that's a good point. on the good side of our economy, we are in a deflationary environment so for goods, most prices have come down relative to where they were after the pandemic so we are seeing deflation of one%, 2%, 3%, even food is basically flat or up only one person. the inflation we are feeling is exclusively on the service slide, housing, auto insurance, things like that. consumers can make their dollars go a lot further now

because we have seen deflation and retailers are working hard to deliver great values, fabulous selections, great inventory management, we are in a good place to meet a lot of holiday wishes this holiday season. edward: it is 5 days shorter than last year. is this a concern in retailers hitting holiday sales goals? >> that is a really good point. we lost a few days in the traditional holiday season, thanksgiving to christmas holidays. obviously people knew that was coming so they planned for it, prepared for, we saw some shopping, more than half of shoppers told us they had been out before the thanksgiving holiday doing their gift buying, so people planned for that, retailers plan for that ended their sales promotions to reflect the changed calendar. what we understand today is while the shopping season for

the holidays begins legitimately begins before thanksgiving the emotional kicked off is really this weekend so we will see a big push from now through the end of the holiday season to the end of december but our members are ready, they will manage expectations. edward: adobe analytics said they spend $15.7 million a minute during peak sales on cybermonday last year but with the economy and record credit card debt how worried are you people are spending today through monday but won't by anymore? >> consumers are in a good place, debt service ratios are not as low as they were during the pandemic but are still good historically, 11%, same with any issues related to credit card so consumers, it's an emotional time of year, they save for it, plan for don't want that special gift for the people they love so you will

see consumers handling all the request on their wish lists. edward: thank you. taking a look at markets on this shortened trading day, the dow and s&p just hit all-time highs and are on pace for another record, retailers also up with this holiday shopping season underway. so we have fox news contributor scott martin joining us to discuss this, markets close in about an hour, the last trading day of the month, last trading day of the week but volume is light about what are you looking at today? >> i will get into the fervor of having another record sale. adobe talked about it in the previous segment, the consumer is okay, boys and girls, the economy is stronger than people give it credit for. the reality is you need to get on board and catch up to the

retail savings in sales that are out there which i'm going to do too. a new personal best at costco and grocery shopping and stopped by canadian goods, stocks that we love. edward: buying where you shop. we've talked about this in the past, regardless what is spent on black friday weakened the consumer is under pressure when looking at record credit card debt, will we see good numbers in the short term for retailers but would you see them long-term. >> costco retail, you can probably get anything you ever desired but look at lululemon, companies that are smashed, lululemon has been squeezed but they are coming back strong, depends where you go in retail, not necessarily everywhere and

the profit margins, net income. what they are selling and the not just in the stores themselves but stocks too. edward: is this about consumers managing their data? are they getting ahead? will we see the record data decrease next year? >> it will go up like for the government but debt makes the world go around. it's okay to have debt as long as you service the debt, consumers are behind, debt records the problem is we have more consumers getting debt extended to them, credit cards, the number will go up. it's the servicing of the debt that needs to happen, interest rates have come down quite a bit over the last couple years starting to inch up a little bit. we talked about striking down credit card interest rates so as long as those things boom over time in the consumer will get stronger as the economy get stronger, those will be okay. edward: i want to pick your brain on bitcoin, look at this chart, it is soaring again

today inching back to that 100,000 per coin. why the volatility over the last week? >> a lot of folks are chasing this thing and betting against it, a lot of people are doing the dose either with bitcoin buying it at 90,000 and selling it at 95 and buying it again at 98 and selling it at one hundred thousand. a lot of players in bitcoin which drives up the volatility. i don't think bitcoin is going to be saving the bidding situation because there's a lot of buyers in bitcoin now, there's a finite supply with lots of demand behind it and we are talking retail. think about things when they are on sale and of what he wants them, the price goes up because demand, same happens with bitcoin here. edward: is this the ceiling for bitcoin, do you think that one hundred thousand dollars that a threshold to pass? >> i think it's the ceiling for today, gets busted through week, maybe higher numbers

after that. of demand supports those prices to the sty we go. brian: is that retail investors are coming back in to this crypto or is it institutional investors? >> it is both and you are not just buying on the exchange but etfs in brokerage accounts will. we have some in our clients accounts that have approaches to the bitcoin price, the actual spot price, not the futures which you had to do before when those exchanges came out. is a retail investor? a lot more exposure than the institutions doing it before. edward: the dow the s&p could hit new records should this stand. do you expect that to be a trend over the next six or 8 months or is this -- >> fits and starts like anything. everybody is super excited and jumping in and jumping out, everybody gets excited so the

bloom comes off the rose but you will see more ups man downs but there will be air pockets because the market is high. there's a lot of expectations but we are in a good trend especially with the new administration coming in in a couple months. edward: retailers feel happy, 8. 8% so far on online sales, appreciate it, thank you for your help. from holiday spending to government overspending speaker johnson says the leaders of doger heading to capitol hill this week to discuss cost savings. more after the break. ♪

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>> elon musk and vivek ramaswamy headed to capitol hill next week to push major reform ideas to help cut costs. hillary, elon and vivek are disruptors, what are they hoping to get out of this meeting? >> reporter: they need congress to be on the same page. with dogs but he having a goal

of cutting $2 trillion in spending alternately congress controls the purse strings so if they want those purse strings to be tightened, they need congress to appropriate less money to these agencies they are hoping to trim down and it seems republicans on capitol hill are interested in helping musk and vivek ramaswamy achieve this goal. >> having people that bring a business mindset, having been a small business owner, bringing that business mindset into congress, looking at agencies can be a very effective strategy so having elon musk and vivek ramaswamy, both individuals who started companies, grown companies, looking forward to working with elon musk and vivek ramaswamy, making government efficient and effective. >> reporter: most people spend thanks giving carving a turkey, vivek ramaswamy spent it brushing up on ways to carve up the size of the government posting this picture of light beach reading, suggestions from the congressional budget office on how to cut spending.

the cbo in these reports warning that if we do nothing, federal debt held the public would rise to one hundred 10% of gdp at the end of 2032, reaching one hundred 85% of gdp by 2052. debt that is rising could slow economic growth, raise interest payments and heighten the risk of a fiscal crisis. the committee for responsible federal budget does have an idea of ways to save over $1 trillion by reversing president biden's executive actions, the groups is reversing some of his spending on things like student debt forgiveness and healthcare could save $1.4 trillion. dogin the has until july 4th of 2026 to get all these cuts done, musk says he thinks it can happen even faster than that with the help of a are but with congress being involved, that could slow things down. edward: easy to find the money, getting rid of these programs might be more difficult.

let's get reaction from pat fallon. hope you can find some shopping deals before you came on but what do you make of the department of government efficiency, no doubt get areas to cut but will we see results from what they find? >> i think it is brilliant that donald trump is coming in with that business mindset. the existential threat to national security is the debt. the interest on the debt alone this year almost matches our spending on the department of defense. nearly $900 billion. we have to do something. we can't let this go on forever and there are definitely places where we will have hundreds of millions here, hundreds of millions here, billions here and we've got to get toward a path, glide path to balance the federal budget sometime in the next 7 to 10 years. >> reporter: ronald reagan tried something like this with

his grace commission in 1982, found billions in savings from government waste but nothing came of it. where is this headed? >> you are right. that's the fear, we need to have the will to do this. the republicans now i truly believe have the will but we need some democrats to come on board, otherwise if 2 years from now we lose the house they are not going to be serious about this. we have unified government for two years that we know for sure and we need to act and show the american people we need business. campaign rhetoric needs to match what we do in washington. i know it is rocky but we got to get it done. edward: what a report find what it is considered waste, the elected leaders than fight to keep that money on the books so it's going to be difficult. >> it's not going to be easy but things worth doing usually aren't.

we can identify $535 million going to npr and pbs, that's a mouthpiece anywhere, 300 million to planned parenthood, that is not are all of the federal government and the defense department, want to strong defense to project power, they need to prove they are efficient. all the people in the world, vivek and elon are the guys to get this done. edward: i want your reaction to growing concerns that migrants are traveling in the us without standard identification. let's go to brooke taylor at the dallas-fort worth international airport digging into the story. >> reporter: we spoke to the air marshal director who pointed out something many americans may not realize, a lot of these illegal migrants could fly over and over without

showing any form of id. all they have to do is apply for a free flight and fly all over the country. we saw a recent example of this with the illegal venezuelan migrant who was convicted of murdering laken riley when she was out on a jog. he was granted a humanitarian flight from new york to atlanta where the murder took place. a recent report from dhs inspector general shows high-risk migrants were allowed to enter the us at the border without a id. from there they could fly on domestic airlines around the country, again with no id. instead they have to show dhs issued immigration forms or cbp one apps which allows migrants to be trusted to provide their own personal information. >> don't know who we are flying, who was on the back of the aircraft, who we are

sitting next to, don't know who is in the airport, we have no idea and when you fly blind like that it is never going to end well. >> a spokesperson for dhs says they reject the findings in the report claiming it misrepresents their policies and processes. meanwhile the air marshal national council director you just heard from says this has been something they've been dealing with throughout the biden administration and it has been a real concern for them. she is hopeful this will be something of the past with a new administration. edward: i want to bring you back in. what do you think about thousands of people getting on planes without identification? >> it is lawlessness and the it is absurd and very dangerous. i've been a witness to this, the many border visits i have taken, when you get on a flight along the valley on the

texas/mexico border and fly north the planes are usually filled with illegal migrants that the biden administration is paying for. i think this is going to stop come january 20th because donald trump will reinstitute the weight in mexico policy. when you cross the border and claim asylum you wait in mexico while your case is adjudicated which a major disincentive for folks coming into the country illegally. in a what is a major incentive, president biden's administration and saying come on, we will give you money, fly around for free, that's dangerous to americans and if you are not safe you are not free and we will be free come january 20th. >> we see 9 million encounter that the southern order and the biden/harris administration. i asked the tsa administrator about the 2 million got aways in the us under the biden administration possibly getting on planes. listen to this. >> how do you ensure that no one is getting on a plane who has been on the terror watch list or means to do harm?

>> we verify the identity of travelers before they begin the screening process in the first thing is verify identity. if we have any questions with respect to a passenger's identity they always receive additional screening. >> but we have people crossing illegally and allowed to show a piece of paper and get on planes without tickets or identification. >> you cannot verify someone's identity on the honor system. when they tell you they say i am so and so, no way to verify that, we can't trust or verify that information. this is so dangerous that in texas alone since 2011 there have been 299,000 illegal migrants arrested. charged with 513,000 crimes that resulted in 187,000 convictions and that is just in texas. imagine if you extrapolate those numbers over the other 49 states of this is got to stop. one of the main reasons donald trump was elected a few weeks ago. edward: we heard donald trump

say tax cuts will be a top priority but so will the border. when he gets in january 20th, how fast do you think these illegal crossings. ? will stop? days, weeks, months? >> he will let border patrol do their jobs, working with texas law enforcement and other border state law enforcement and we are going to stem this tide and it is going to trickle back home really quickly into mexico, central america and the rest of the world that if you come to this country illegally, you are not getting in. not anymore. mexican drug cartels don't control the border anymore, the federal government will because donald trump actually does what he says he is going to do. brian: we haven't seen that in practice. representative pat fallon, thanks for coming on today. so coming up, connecticut lawmakers and trump white house nominees have been the subject of threat this week, we have a live report after the break.

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edward: several trump administration nominees receiving bomb threats and other threats and for five

democrats received threats over the thanks giving period. marco meredith is live in west palm beach, florida investigating all this. >> reporter: good afternoon. the fbi, members of the us capitol police on multiple law-enforcement agencies spent thanks giving trying to figure out who was calling in fake bomb threats to members of congress and those threats came one day after members of donald trump's staff were also targeted by this hoax. we know connecticut congressman jim hines, the highest ranking democrat on the house intelligence committee was among those who was victim of this bomb threat. he and his family are safe but he posted online there's no place for political violence in this country and i hope we may all continue through this holiday season with peace and civility. overnight we learned senate staffers were briefed about these threats which targeted members of the house and at least one senator. staff was being notified of any similar threats. trump says the threats won't deter efforts as they prepare for january's inauguration.

this issue, mike johnson also weighed in calling it dangerous and unhinged. we haven't seen trump on camera way in about these to balance but he's been meeting with many different people while at mar-a-lago, last night he was spotted with elon musk at the thanksgiving celebration and he also met with mark like a bird, the founder of facebook just before thanksgiving, because the two have had an interesting relationship over the years, trump has accused zuckerberg of censoring conservative speech in the past, spokesperson for meta said they are excited for the opportunity to meet. edward: i wonder what that conversation was like. appreciate it down there near mar-a-lago. julian manchester. before we get started on the threats, what does it say to you the head of meta, mark zuckerberg, met with donald trump after they've had the history they have? >> mark zuckerberg is going to donald trump because he knows how big an influence donald

trump has on many people using facebook. we know meta, facebook, have moved away from a political business model, trying to move away from politics in general but you are going to see other business leaders like mark zuckerberg go to donald trump because he's the president of the united states, he has this enormous influence and it is important if you are a business leader to have that relationship. it would be the same if it were the other way with a democrat. i don't think it is surprising but it's notable given the very tension filled relationship they've had in the past particularly when it comes to the political content. edward: meta-needs the president-elect back on its platform, i know the fbi is looking into the threats. the fact that democrats are involved and the same language

was used for both sides. could this be an outside country or actor doing this? >> there is certainly that concern particularly coming out of an election at a time we've seen so much going back-and-forth between republicans and democrats, i could see a scenario where some outside adversary would want to take advantage of that. that being said we have - regardless whether this is inside or outside adversary this is meant to stir the pot in america between two opposing political parties, when we are so divided is a country so it's very important that leaders on both sides of the aisle, republicans and democrats condemn this sort of heated political rhetoric because coming out of this election even though we saw donald trump have a pretty strong victory we still are very divided country, there's a large swath of the country that's not happy with the election results and we still see people going back-and-forth over this.

it is important to tone down the political rhetoric. we've seen this in the past, we've seen the political rhetoric get tone down, i'm skeptical whether that would happen. >> the fbi has to take these threats seriously this year because we've had two actual assassination attempt on donald trump's life. >> absolutely true. we've talked about political violence for so long over the past decade or so, we had these two assassination attempt against donald trump but we also had a number of other attacks on other of fishes, lee zeldin also a victim of one of those bomb threats earlier this week, when he was campaigning for governor in 2022 someone came up to him and physically assaulted him, steve scalise in the congressional baseball game, the january 6th attack, many acts of political violence that day.

we see this happening across the country against public officials whether republican or democrat, that should be very concerning. edward: we see this rhetoric we've seen in the past four years, this election was about the economy, immigration but you also see that voters rejected the rhetoric that we've heard over the past four years? >> you can look at it that way, certainly there could be pushback against the biden administration about how they handled, a number of issues, we've heard this in terms of control issues, this idea that the election results were a rejection of democrats rhetoric on culture role issues but we have to remember even though donald trump won a broad swath of the country, won the popular vote, all seven swing states

there are a lot of voters that might not be crazy about his rhetoric, i like the trump administration's policies, his view on the economy, i don't like his rhetoric either, that's what they are saying so it goes both sides. edward: i want your thoughts, the eu central bank president telling ft europe that the european union leaders should not retaliate but negotiate with donald trump and she went on to say the eu provide weapons or lng because the you but he did could pay a price for failing to purchase american. 's trump's reputation coming through in all this? >> in many ways it is but the eu doesn't have much choice, however is president of the united states, whoever is leading this the eu has to be a partner with them, so does the uk and many other allied nations and allied organizations so they have to find a way to negotiate it but you saw a similar situation

play out with canada when they responded of those terror threats and justin trudeau having that conversation with donald trump, the president of mexico having that conversation so they are stuck with dealing with donald trump because he's the president they will be dealing with him. neil: are out of time on this which coming up this weekend is a huge, for folks looking for christmas trees, we have a live report in from a christmas tree farm after this. car, this isn't the way home. that's right james, it isn't. car, where are we going? we're here. (♪) surprise!!! the future isn't scary. not investing in it is. car, were you in on this? nothing gets by you james. nasdaq-100 innovators. one etf. before investing, carefully read and consider fund investment objectives, risks, charges, expenses and more in prospectus at invesco.com

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get xfinity streamsaver with netflix, apple tv+, and peacock included, for only $15 a month. >> how are we going to get the star on top? >> i got it. edward: now that thanksgiving is over many americans are searching for the perfect christmas tree. kelly is live in spring grove, illinois. are they just allowed to roam freely and you got to catch them? how does this work on a christmas tree farm? >> richardson christmas tree farmers selling all their trees

for $95 no matter how big it is and people are so excited that they got here before they officially opened. the snow was coming down. it has lightened up a little bit at this point but it really is a christmas wonderland. everything you could ask for for the experience is really magical. listen to what customers told us. >> memories, we came here before we have kids, now we are coming with kids, the doughnuts, the hot chocolate and coming out here with a christmas tree, nothing better than that. >> reporter: i am george richardson here, the owner of the farm, to talk about the price increase this year. what are we looking at? >> we need to keep pace with the cost that went up, labor went up one dollar for every you buddy. and her labor trucking, every thing so i want to keep pace with inflation.

lauren: the experience with people, i signed interesting thing inside. >> my nephew on the farm here, a spruce trip kale connects the tips of growth off of the trees in the spring. >> reporter: i will let you know how it is later. edward: thank you. as many as 3 million people could be returning home on sunday alone. the w word comes into play with the weather. mike seidel is in new york with a coast to coast read on where the weather might get tricky. looks like there. >> reporter: good afternoon. this is one of the hotspots but it's very localized. if you're traveling i 90 over

the weekend anywhere from buffalo and cleveland or iad one, the main interstates east of the mississippi with winter weather impact and many of the roads from lake superior to lake michigan. here, we have already had, look at this, since one:00 a.m. one:00 am almost 17 inches of lake effect snow, very light and powdery. if we had more wins, we had gusts of 20 to 25 it would blow around like crazy. there are restrictions, big rigs, buses, coaches, you can't drive for that, that is a restriction that kicks in at 5:00 a.m. . also i 86 in pennsylvania, 79 north of pittsburgh up to 80. a real mess in northwest pennsylvania where they have also had over a foot of snow. snowfall forecast totals, warning goes until 7:00 pm monday for these areas off lake

erie, lake ontario, 7:00 pm monday, some areas on the plateau north of syracuse, as much as 5 feet in this area we are looking at 3 to 4 feet of snow fall. the band will rotate up and come back, the question right now is, is in orchard park, going to be in the band between the bills and 49 ors? too early to say but they will likely get some snow tomorrow or tomorrow night. first lake effect of the season here in western and central new york and it has really added up. i got here last night after midnight, nothing on the ground and today is a winter wonderland as we have at snowfall rates as much as two inches an hour, now getting a nice break from the band which is lips north of us in western new york. edward: they never send you out on a warm sunny day, your homework life is spent in bad weather. not quite but okay.

>> the day or two before a hurricane usually the sun is out. after that. there again to deal with. >> you get 12 hours of sun and that is it. thanks. staying with the travel sector black friday deals are not just for retailers about the travel industry has been pushing some huge deals as the well. let's bring in mark murphy to discuss this. is today the day to a book for traveling to 2025 or should you wait for cybermonday? >> what interesting about the travel industry is it doesn't happen all at once. you've got time to evaluate, you are not buying a new curling iron. or buying an experience and you're going to spend thousands of dollars so get yourself the time. most of these deals are going to be in effect in early december so there is no rush and also if you have the opportunity to travel, one of those seasons starts on monday and ends around the summer 20th, that those gaps provide better deals if you want a

quick getaway and are thinking about it now versus planning for the future. edward: several years ago, travel sites offered good packages very cheap. of those deals evolved over time? are they still as good? >> they are still good relative to the retail price. obviously there are blackout dates. the other thing i would say is online travel agencies. i would rather have a human being as opposed to a self looker because many times the commissions paid by online travel sites are very big which gives you one of the lousy are rooms in the hotel, if you would. if you go by the traditional travel agent they will be able to sift through that stuff and many times they get deals that aren't even on the online travel sites because marriott and the all-inclusive resorts, they know that these folks deliver a great client and the get a lot of benefits packages

around those deals because they are i are yield customer. edward: what are your tips when booking to find the best prices even on deal days like today, cybermonday? >> what i would look at, i would look at do you like cruises? cruising is booming so look at the cruz options out there. if you're going to go direct go direct to different cruise operators and check them out whether it is royal caribbean orf celebrity et cetera, carnival, look at those and see what they are offering and what the deadlines are for booking, that's number one. the other thing is look at things like google flights which what interesting about google flights is they have a discover feature and you can discover flights, put in nothing in the destination. edward: appreciate it, more coast-to-coast after this.

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>> the week and november, the record closes during the dow, the blue chip index, and too close to call for the russell, and 16, 55 points. and as we wrap up november it is shaping up to be the best month for the dow and the s&p 500. "the big money show" is coming up with brian brenberg. i've got the confetti guys