tv Cavuto Live FOX News July 8, 2023 7:00am-8:00am PDT
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but, again, in time you get that feeling of positivity. will: you know what, chip? i'm going to do this for you, i want one. i can do this. carley: you hit 2 minutes, you made the goal. rick: 2 minutes -- [cheers and applause] will: i want to feel the air. are. rick: here tomorrow, i'm sure we'll show this again. carley: bye! you did it! ♪ ♪ box on top of president biden an 10 americans say the economy is in poor shape. janet yellen is in china keeping economic ties from unraveling. former u.s. investor two and 2024 gop presidential candidate nikki haley says you should not be kowtowing to china. when it comes to 'bidenomics'
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the people have it right will be hearing from her in just a moment. welcome everyone i am david asman in for david. we begin at the white house and president biden is putting the spotlight on the economy and authorities are still investigating where the cocaine came from. lucas tomlinson is there with all the details, lucas. what's white house officials say the secret service hopes to have the investigation to this cocaine here at the white house wrapped up early next week. they are tempering expectations or they might not be producing a list of suspects. all week the white house has been dogged with questions about where did this cocaine come from? white house press secretary is a notable she could not rule out the biden family when asked the following question. >> i am just asking again can you say it once and for all whether or not the cocaine belong to the biden family? what sends a very clear two days ago when talking about this and going over it again as i was being asked a question. as you know immediate outlets
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reported this the biden family was not here. to ask that question is incredibly irresponsible. and i'll just leave it there. >> the trident family son hunter admitted in his memoir to using crack cocaine at one point in his life every 15 minutes, did not leave the white house for camp david until around 6:30 p.m. on friday june 30 about 48 hours before the dime size bag of cocaine was found by secret service agent during a routine patrol. the cocaine was found on the ground floor of the west wayne near where visitors taking tools are supposed to leave their mobile phones free it's not cocaine the white house wanted to talk about here of course the u.s. economy added 209,000 new jobs in june. that is the smallest uptick in job since december of 2020 which experts say is a sign of a slowing labor market the number of part-time employees increased 400,000 was the largest increase in over three years. also not a good sign.
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the good news for the white house unemployment spun 3.6% according to the bureau of statistics released yesterday the job growth is expected to prompt the rep that to increase this month. lustful many banks were sitting in this was headed toward a recession. now some banks are saying recession might be narrowly avoided. david: lucas from the white house and give her a much greater president biden was out selling what he 'bidenomics' a smashing success in south related event on thursday. but doing so with his usual presentation of questionable factoids. listen. >> i cut the deficit $1.7 trillion in two years. nobody is ever done that, cut the debt 1.7. david: the particular claim previously received the dubious distinction of getting bottomless pinocchio award menu is completely false turns out one 100% of the deficit
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reduction in 2022 was because of expiring covid relief spending. that is something i asked former south carolina governor gop presidential candidate nikki haley about earlier take a listen. >> of biden has not been telling the truth to american families were not was it about 1.7 million and expiring covid funds is the fact he spent 300 more trying to get us to this point. inflation hasn't doubled since biden took office. he spent $5 trillion on his watch. he's trying to go there about how great 'bidenomics' is he's hurting american governments by the debris' got 60% of americans in credit card debt. you have got one and every six american families that cannot pay their utility bill. they are spending like drunken sailors it is a problem but we need to get an accountant in the white house means to get biden in, out.
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david: we have had inflation of the bow from its peak of course both the numbers that came in on friday the jobs numbers we had wage numbers. it shows a waitress, while they are up they are still below inflation by couple of tics. americans are still underwater. is that why they feel bad about the economy? only 69% asked to give me, 69% think the economy is doing badly, only about 30% think it's doing okay. >> to go to the grocery store. when you buy any of the necessities that you need look how much more expensive they a are. let's look back at what started this all. as much as i would love to blame biden out republicans did this to us too. they spent two-point to trillion dollar covid to stimulus though with no accountability whatsoever, that is not left us with 98 million americans on medicaid. 42 million americans on food stamps. you've got the fact republican then opened up earmarks for the first time in 10 years, spending
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billions of dollars on parker projects like $10 million on the courthouse in colorado. $38 million on an honors college in vermont for another 10,000,002 tear down a hotel in alaska for that is not how american families with our money spent. so it should be doing is clawing back the $5 billion in unspent covid dollars instead of 87000 irs agents going after middle america let's go after the hundreds of billions of dollars of covid fraud we know exists. and if 8% of our budget is interest, quit borrowing. cut out the credit cards. let's go back. every family has to balance a budget. i had to balance a budget as governor. why is congress the only group that refuses to balance a budget? it is time we better physical shape in order. our kids will not forgive us for this if we do not fix it. david: one think republicans did not go spent hundreds of billions of dollars on green energy programs that have been rolled out by president biden. is there anything in that
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spending, this hundreds of billions spent on the presidents read energy that you would keep? or if you became president would you get rid of them all? >> this is the time where it you sit there and focus on green energy and bore expanding and try to encourage people to buy electric vehicles when they are extremely expensive, when families are still trying to put food on the table. he is living in his own world it's not being realistic. but we need to do is pay attention to the heartbeat of america which is our small businesses. we need to make sure americans have more money and their pocket instead of wiping up their savings account which we have seen happen. we really need to start focusing on what really matters. that is that american families are tired of working for government. we need government to work for american families again. david: a couple of supreme court decisions came out last week. i'm wondering on student loan debt and essentially the supreme court saying the president could not spend $400 billion on it
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getting rid of that debt. do you support that? and if so what would you do about the student debt? >> god bless the supreme court, david. the person you look at is the idea of taking money from one person and giving it to the other is criminal. so you are going to go to a plumber and make him pay for a college education for a doctor. that does not make sense. my husband and i had to pay down his student loans, it took years. we do not want someone else getting a pass. we did not mind having to pay it but everybody should have to pay it. the supreme court may do something wrong they made it right now biden was a double down and do it again for you have to question whether he is just trying to buy votes by paying off the student loans. david: were former ambassador to the land. i want to go globally janet yellen is in china. apparently the administration wants to try to make a nice to the chinese -- mcniff kept a lot
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of trade restrictions put in live from janet to stop they would insurance upon them. think that is the direction biden is going and going with china? you think is good or bad? >> china is preparing themselves for war with america. it is all over. that infiltrated our country. we see them building up the military we are watching and continue to steal intellectual property across the board. while they are urging that writing does happen and to china it yellen talks about how music closer to china and do more business with them. we have to look at the fact no one is that with china for the threat that they are. even president trump while i applaud him for having a bipartisan look at the fact china was not a good friend to us, he only focused on trade. even then china did not keep promises on their trade. we should be doing is saying why heavily held them accountable for covid? why are we saying something to them about the fentanyl that's coming across the border?
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we should end all normal trade relations until they stop killing americans. why are we allowing them to buy u.s. soil near our military installations? david: forgive me for interrupting. would you go is far as vivek ramaswamy was to go in limiting trade with china? >> if they do not stop killing americans we should end up trade relations with china. but they will stop sending that fentanyl across immediately. we need to see this for the seriousness it is. too many people i've said we will deal china tomorrow. tran is dealing with us today and we are doing nothing about it. we have got to take this seriously. whether they are infiltrating our universities whether they have spy centers across america, whether they've got a spy center they are building with china and cuba and god help if they put military soldiers there or the fact they are building up their nuclear equipment for the got the largest naval fleet in the world. they have more air defense systems that we do they started building hypersonic missiles.
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we have not even started. it is time for us to wake up. it is not exaggerating to say they are preparing for war with us. it is realistic to say we've been asleep at the wheel it's time for us to take that head on. david: quickly to rush of them and testing us in their own ways as well. and sierra have their personal the interest there for decades now. the russian fighter jets i've actually been going after our drones there in various ways. i am just wondering how he would push back against russia's aggression towards us all over the world? let's think back about three weeks, what happened? a russian plane hits our u.s. drone in which we do about it? nothing. what should we have done about it? put two more drones up there in a fighter jet. we need to start being aggressive with russia. they are doing this to intimidate us. the last thing we want to do is run from it for the most important thing we could do show strength. it is the reason why the ukraine
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when matters for a wind sends a message to china with taiwan and sends a message to ironic sends a message to north korea most importantly if it's russia back in the ash heap of history where they belong you look at the fact if russia wins that's a win for china that is what we cannot have. david: forgive me but how far are you willing to go? we spent one or $20 billion so far on ukraine for you willing to double that to win the war? >> it's not about giving you great cash for it is not about. david: it is for a lot of taxpayers. >> it's about too go with our allies to mission of equipment and ammunition to win. believed dictators missing what they're going to differ china said they're going to take hong kong, they did russia's other going to take ukraine, we watched it. china said taiwan is next we better believe them. russia said after ukraine it's poland and the baltics. that is only get into a world war. this is about preventing war. we need to do is see russia has
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hit rock bottom. we know that because her getting drones or my rot and missiles from north korea. they freeze the draft age to 65. this two weeks ago, the military pollutant built up try to go against him. they are at their lowest low. instead take your foot off the gas to be to put our foot further on the gas but get with her allies finish this we are so close to. david: even double we've already spent, quickly? what is not about how much you spend is about getting with her allies so they do it too. we should not be in this alone we should be worked with our allies. but what i will tell you is none of this would have happened if i did when been aggressive from the beginning. they would have already won this war. he was slow to the take he allowed russia to surround ukraine for a whole year before anything was done about it regards the governor i'm afraid we've run out of time but we thank you very much for your time. nikki haley good to see if, for you to stay safe. >> go to nikki haley.com and join our team. david: like to all get that in every talks breaking down could
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soon put the brakes on your deliveries. more on the potential ups strike coming up. but first the white house fighting back after a judge slams the brakes on talking to big tech about removing postings. the attorney general leading that legal showdown is next. i'm your overly competitive brother. check. psych! really? dude, that's a foul! and now you're ready to settle the score. and if you don't have the right home insurance coverage, well you could end up paying for all this yourself. so get allstate.
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ministration officials from communicating with social media companies about content on the platform. alexandra half has a very latest from d.c. >> hi david. federal law enforcement sources tell us their play close attention to how this case plays out. it's has impact investigative partnerships with social media companies.
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for years the ability of agents to obtain digital information has aided in the fight against child abuse, terrorism, drug trafficking, cases like that. this what is more specific and brought forth because since 2020 the relationship with federal law enforcement and social media companies has expanded as the d.o.j. sought to curb what it said was misinformation over election integrity and back backseats. many republicans felt that went too far. the buy demonstration is now appealing a ruling this week by a truck appointed louisiana -based federal judge who sided with the coalition of red leaning states. the claim was a feds were illegally colluded with companies to suppress what the judge agreed wasn't free speech. the july 4 ruling restricts the government from contacting social media companies. former fbi agent maureen o'connell said communication between the two sites is a must. it's incredibly important for law enforcement officials to be able to speak with social media companies.
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so much of the threat receipt right now, particularly as it pertains to children is online. >> there are exceptions in this injunction the fbi could still inform social media companies opposed to criminal activity or threats. i want to add a short time ago democratic white folk hopeful robert kennedy junior called by dave ministration quest for emergency stay of their quote censorship agenda. it doesn't feel like he thanks this judge made the right call. will send back to you. david: alexander a thank you very much with me now is missouri republican attorney general andrew bailey. his state initiated a lawsuit for good see again, thank you for being here. the bite administration and their supporters are claiming the judges injunction prevents the white house from talking to the social beget companies as they used to, it limits the government to free speech. here's what the judge actually said. we compared up on the screen. it was not the public statements that were the problem. it was the alleged use of government agencies and
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employees to coerce and/or significantly encourage social made platforms to suppress free speech on this platform sprayed in other words it's not about the government re- speech it is about their efforts to limit our free speech. >> yes, that's absolutely right. the facts of white house and the department of justice are fighting this wall of separation between tech and state that only applies to protected speech, really? evidence is effective committed to future violations are our first amendment rights that's why the is important got to keep fighting to protect the open -- free, fair, open debate the first amendment intended to be a marketplace of uninhibited from government censorship or as a court pointed out the remedy for false speech in this country has been counter speech not government censorship. david: the bite administration says and i'm quoting in their perspective the judgment they say they are just engaging in a vast range of lawful and responsible conduct 3q have evidence to the contrary?
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>> absolutely. 20000 pages of documents, that was put on in it. on may 26 at the district court present at this judge decided i do not want d.o.j. and big tech talking this out this is about to put evidence on the discovery we received from the federal government improved enough evidence the injunction was warranted. the judge said were likely to succeed on the merits as at least in parts why he granted the pollution injunction. she said i don't if you are the former fbi agent speaking with anything about this injunction limits the fbi or other law enforcement agencies were talking to social media about real crimes? things like child pornography et cetera? >> no, not at all. criminal behavior is not protected speech. criminal behavior is not protected by the first amendment. the first amendment protects core political speech for that is exactly what biden was censoring. he was censoring core political speech as it related too whether
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or not people trusted the election process. whether or not people believe the hunter biden laptop story was true pretty whether people were hesitant to take the vaccine were hesitant to wear masks. that is to speech biden censored that is what is protected by the first amendment for this is nothing she was criminal behavior and everything to do with protecting core political speech. david: were to cisco right now? you expect us to be up to the supreme court? >> it has to be for bedsheet we will be in the highest court in the land this is the most egregious most serious violation of first amendment and the nation's history. it is so broad, so expansive in the government has evidence and willingness to continue to violate enforcement rights. at some point we're going to have to go to the united states supreme court. i will tell you, just as mentioned earlier in a decision in may arizona where he said it seemed likely federal officials had colluded with big tech social media to silence america's voices. i think even the united states supreme court sees this one coming.
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this drug? >> is a major break there. and i will tell you why. this is a one class of monoclonal antibodies for those of the targeted proteins in your blood, that's directed to get something that is an actual cause. most of the drugs we have been giving patients with dementia and alzheimer's disease have been really related to their symptoms. in trying to recover for example memory or recognition, the qualities. this drug actually goes after something called beta-amyloid which is deposited in the brain. we know it has been in the brain of those with dementia, with alzheimer's disease for many, many years. but now we have a drug that is actually targeting that protein. david: dr. kagan can actually reverse the symptoms or slow the progression of the disease? what is just going to slope the progression of the disease. this drug is approved by the fda. it removes beta ana lloyd rather rapidly in comparison to the
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previous monoclonal which was quite controversial a few months ago was approved also. but this one is something that will slow the progression. it's only good for patients who have initial stages of memory loss and lack of recognition. once you get to the moderate and serious phase of dementia is no longer suggested. david: it is in infusion. you have to sit down for an hour and intravenously take the drug. does that mean you cannot do it at home you have to go to a clinic or doctor's office? >> oh well, it is recommended you go to in infusion center. which could be in the doctor's office. could be in the hospital. not this drug that many drugs by home infusion. however there are side effects we worry about. it's given twice a month. it is by iv infusion as you s
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said. some of these side effects are brain swelling and sometimes hemorrhage into the school come into the brain. so it is not recommended that it be dead outside of the hospital or outside of the infusion center. their home infusion that do take place i do not know how that's going to go in the future, it might be the way to go. david: you mention it has been approved by the fda. that means that qualifies for medicare. so instead of paying $26000 a year, if you do not have insurance. that brings it down to $5000 a year. but still that is beyond some people's means. >> yes if you have a fixed income and most people who are elderly have fixed incomes after retirement, that is going to be a tough one. that's going to be tough to afford to have this drug for somebody who is having a very, very beginnings of cognitive problems. david: my mom died of it. i know a lot of families in america and the whole world will benefit from this drug.
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got to look on the bright side. thank you so much doc for being here, good to see you again for. >> thanks david, good to see you. david: from keeping america's minds helping to keep our body in shape pickle ball is a new craze sweeping the nation right now it's courts are sweeping out the dust from vacant spaces. madison fighting out firsthand at a mall in stanford, connecticut, madison. >> david, this used to be a saks fifth avenue recently so the escalator here. but you come over this way it is now pickle ball america. when this opens on monday it will be the largest indoor pickle ball arena in the northeast. i want to bring in jay as they join his game. jane, tell me when you guys are looking for a home why choose a mall question why choose this space? >> this mall had great open space open ceilings. it fits the number of courts we wanted to do and maximize how many we did fit in the space. >> fifth avenue is closed for
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two years before you guys came in. what did the mall say when you said i want to take this empty retailer and turn it into a gym? >> the mall was very supportive we were going to turn this into a destination, almost 500,000 people passive here in a year. they were great. >> 's talk about that. brick and mortar on the decline. pickleball every year becomes more popular. what's the value sell for a mall struggling desolate at this inside? >> the foot traffic is tremendously up to 50 people signed up we have not opened yet. we can house over 8500 people a week in the mall playing pickleball because i love that part like you said they're not even open yet the party sold 250. with a game this find you understand why they're selling the memberships, david i'm going to send it back to you. david: right medicine thank you very much for that good shepherd coming up ups drivers inching closer to a strike after talks
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break down. could it mean a major roadblock for your home deliveries? the first former afghan interpreter who fled the violence there shot and killed in washington d.c. the details of his tragic murder coming next. whirlpool over the range microwave. designed to fit flush within your cabinets for a custom look, exclusive to whirlpool. and now, buy more save more, up to an additional $1,000. oh booking.com, ♪ i'm going to somewhere, anywhere. ♪ ♪ a beach house, a treehouse, ♪ ♪ honestly i don't care ♪ find the perfect vacation rental for you booking.com, booking. yeah.
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washington d.c. while working as a lifted driver. i was in deceit with the more on all this. >> david, good morning to you. so, right now so we do not have any arrest in what is truly such a maddening story here 31-year-old nasrat ahmad yar was striving for a lift this week when police say a group of teenagers surrounded his car and gun him down. surveillance video shows those teens running through an alley with one of them yelling you killed him and another when answering he was reaching. he moved to the u.s. in 2021 with his wife and four kids escaping certain death at the hands of the tele- band but he had served as a translator for u.s. special forces for many, many years, here is his widow. >> she asked him don't go he said i have to go i have to make money for my children for rents, for bills, for everything. you guys need money i do not
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want you to be hungry tomorrow. >> as a translator speaking. 3-year-old kim characters behind bars for shooting rampage that killed five people and injured five more. the youngest victim a 2-year-old boy shot four times in the legs while sitting in his mom's car. d.a. attacking republicans for not passing stronger gun laws despite carriker got his guns illegally. and in baltimore police just arrested a teenager for shooting a block party that killed two people and injured 28 earlier this week. we saw some mass shootings and smaller metro areas like fort worth, texas and shrink port louisiana and what has been a holiday week. but hell week for too many families. david: sadly as you just heard a number of shootings involved kids. now the nypd or the uptick in
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gun violence involving kids. why aren't officials able to get this under control customer former nypd police commissioner howard safir joined me on the phone. commissioner, thank you for being here. kids apparently were involved in the shooting of this afghan interpreter. such a tragedy. the guy could survive decades long war in afghanistan comes to washington d.c. and shot as a driver. kids were apparently involved in his shooting if you follow that video. what do we do with this? we have had it. in the past where this has happened in america. but how do you deal with so many kids getting involved in all of this violence? >> you deal that through intelligence by finding out who these gang members are. and by doing a sort of policing. we have to go back to stop, question, frisked. we have to make sure criminals are afraid of the police. the problem right now is young people get arrested they are out the next morning for the same day. they are not prosecuted.
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we have district attorneys like braggs who do not believe in prosecuting people for crime. and that is where the problem is. david: you mentioned the decriminalization of a lot of theft that is gone on in the united states. not just new york but in new york we had the third such incident where somebody was killed as a result of stealing from a store or an attempt to do so. that happened this week actually a block from where i am sitting right here in the fox studios. at cvs someone was trying to steal stuff from cvs apparently done several times before craig got into a fight with one of the managers there the manager pulled out a knife and killed him. now the manager has been arrested for murder. so you have two people tragically involved in this incident. it all stems from the legalization of theft. >> it is the legalization of theft. in going after the wrong things.
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everyone talks about gun control. but it's not about gun control. we have 350 million weapons out in the public today. we should be going after those weapons not worrying about what's going to come down the pipe. the problem is we do not record where these weapons go we do not require the owners to show that they have them. we should be tracking those weapons in getting them off the streets rather than worrying about on weapons that may come down later on. david: one thing a lot of people worry about cities all over the country's even though would defund the police movement has lost a lot of its team, most polls show that most people -- right any group any ethnic gr group. any income group in the united states favors at least the same amount if not more policing. but in new york city, as of junt
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before retiring that is 22% increase from 2021. actually 87% rise from 2020 but what do we do about that? the police are not sticking around they are so fed up with all this. >> you have city council like we have it new york city has all of the on police rather than giving them the ability to enforce the law. you are going to demoralize them. you demonize them and nobody wants to be a cop. that is why we have total fleet from the police department and very hard recruiting. until people realize the job of the polices to enforce the law and protect us not to be social workers and horry about reporting who they are to criminals when they are committing crimes were going to have this problem. david: there's also the quality of life issue. of course when new york turned the crime situation around in the '90s they focused on that.
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they try to get help for a lot of the homeless people. now the ninth circuit i do not know if you saw but they just announced a decision to essentially legitimize vagrancy. that might be taken up to the supreme court. but there are so many court decisions that have affected crime or at least quality of life that doesn't spill over into crime category. >> absolutely. the criminal justice system has been turned upside down. we need to make sure we enforce the law. that we get homeless people off the street. that we get them into shelters and if they won't go into shelters for slip into other assistance. the effect is if you're not going to enforce the law if you're going to have a leftist das that believe crime is not something they need to prosecute, this is going to continue. it is a national crisis. we are going to see continued mass shooting.
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and we have to do something about it but we are not. david: former police commissioner howard safir did a lot to turn this city around back of the '90s. thank you for being here appreciate it. for cage fight to the courtroom battle the legal scuffle rubbing between elon musk and mark zuckerberg over the new twitter killing so-called app. more at wicked weather slamming the u.s. played the latest the extreme heat and severe thunderstorms threatening and millions weekend. that i fats next. about my family history. with ancestry i dug and dug until i found some information. i was able to find out more than just a name. and then you add it to the tree. i found ship manifests. birth certificate. wow. look at your dad. i love it so much to know where my father work, where he grew up. it's like you discover a new family member. discover even more at ancestry.com (woman) what would the ideal weight loss program look like?
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(vo) it's time to switch to verizon. sadie did. and now she has myplan. the first unlimited plan that lets her choose exactly what goes in it. now she gets to pick only the perks she wants and saves on every one. all with an incredible new iphone. act now and get iphone 14 pro on us when you switch. it's your verizon. heatwave threading millions of americans by this time of the southwest. a court with the heat come they thunderstorms a new route and the central u.s. of thunderstorms bringing and drenching rains and severe wins. fox whether rick reichmuth tracking it all this weekend. it doesn't look too good, does it? >> we have such a busy stretch
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of whether it's unbelievable. with a few different stories one has been a lot of rain. they have more of it coming work heat across much of the south or take a look at this the northern plains only 62 in upper florida however we have excessive heat warnings in march of the south update we have heat warnings in florida in july that saying something is going to be really uncomfortable for the next number of days. across parts of florida. it's also really humid across the east we get the thunderstorms pop up specially in the afternoon. right now if across oklahoma moving into arkansas. later on today that's when the fire another severe weather may be or tornado or to across eastern colorado. tomorrow all the energy moves deeper in across the deep south in mid atlantic before exiting out a little bit. we have a coastal storm that develops. all of this together across the northeast is going to bring really rainy conditions. a lot of erasing three -- 5 inches of rain between now and say tuesday. phoenix changing gears completely if you just mention phoenix. 111 today and over the next 10
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days will be talk about temperatures above 110 all the way through the start of the following week. we are not getting any signs just yet of the monsoon activity but should be kicking up right now. we do not have any signs yet just hot temperatures that generally come before hit the monsoonal rainstorm start to come. david: two of your or whether it meant umbrellas i'm all set here new york progress are going to be at days it's really rainy out there. david: rick reichmuth thank you very much. ups workers will be closer to striking after the company and teamsters strike out what it could mean for your upcoming deliveries. also packing for your next trip might get a whole lot easier thanks to one airline starting a new clothing rental program. you can rent the close in the place where you're flying too. but will that take off here in the u.s.? details coming up. here's a great way to do it. the newday 100 va cash out loan.
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the potential crippling to strike at ups getting close record talks broke down between the shipping company and the teamsters union this week. both sides pointing fingers at each other. that means installed negotiations. if the deal isn't not reached what will mean for consumers and for our economy overall question at retail watcher joins me now. great to see it thanks for being here. i hear you're enjoying us from our vacation i do not want to take too much of your vacation time. but how could a strike if they do not clear the negotiations, that affect consumers? >> a couple of ways. let me put in perspective. when we get things delivered to us it is usually done via ups or by a central delivery locator let's say for example amazon has their own delivery system.
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ups accounts for 24% of those deliveries. amazon accounts for 22%. so, if you want to know how it's going to impact the consumer think that supply chain snafu we saw a year end a half ago or a year ago times two. it is not going to be as widespread. it's definitely going to start causing ripples. especially as we get closer to the holidays. david: dimension amazon. ups we should mention is fully unionized amazon is popping up here and there but it's not fully unionized. could it spill over somehow into amazon workers? >> about 73% of people who work for ups art unionized. in terms of spill over, it was end up happening is customers are either going to get frustrated. you remember there is an issue the way we shot before the
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pandemic and after the pandemic. customers are going to get frustrated. amazon might pump up the volume in terms of sin were going to offer free delivery or were going to take on an the logistical nightmare you are experiencing as a customer, we will sell that for you. they may take customers who are using ups as part of the attrition. and suddenly customers are only going to use amazon. it might be a boon for amazon. in terms of ups and the vendors that use ups that could be problematic. david: it might be a boon for local retail's the old brick and mortar folks who were so ticked off at having lost so much of their customers to the delivery services. >> i was just going to say part of the way consumers can really help themselves if the strike in fact happens is to go back to shopping the regular way. get in your cars, go to the grocery store. go to the mall or shop local. local businesses have the
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ability to stand locally. use messengers within the local communities. it might be more expensive but we have programmed ourselves to think the only way to shop is via envy at via subaru. sometimes we just need to go back but the angle shopping like we did like 1987 again. david: is it conceivable ups manager may try to hire outside of the union? if this thing goes on for a long time? >> in other situations that is certainly a possibility. but when you have so many people working within an organization that are unionized. it is around 73% spread for them to go around they would pretty much have to replace almost all of their workforce in order for them to not use unionized employees. david: by the way retail in general would been hearing the president talk about 'bidenomics' he says the economy
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is doing great going and gangbusters et cetera. do you sense that or do you see a slowdown? there are certainly less jobs and expected from the june jobs numbers we saw yesterday. others sides show an anemic growth. if you are growing under 2% you are not doing too great. >> we certainly as consumers do not have that swaths of savings that everyone had during the pandemic. a lot of people were getting stimulus checks they were socking away that money. a lot of that money they saved is now gone. there is a sentiment there might be pending issues down the line. people are insecure about their jobs. we have a massive tech layoffs. we have a people, as much as a job market is certainly growing there is still some uncertainty about what's going to happen going into fourth quarter. david: got to leave it at that
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have a wonderful vacation. by the way teamsters union president sean o'brien is going to give us an update on where talks stand. he joined neil this tuesday at 4:00 p.m. eastern on your world. don't miss it. a battle between two billionaires in a cage try courtroom at the latest on musk versus duckett coming up with the airline that is offering close to rent at your destination so you do not have to bring bags on the plane. is that going to fly here?. is that going to fly here?. we will delve into that coming up. e trail, i'm hitting your cooler. and your cut-rate car insurance might not pay for all this. so get allstate. ...
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>> breaking news from china this morning. u.s. treasury secretary janet yellen is there right now, trying to ease growing tensions between the super powers. she's meeting with the vice-premier taking way longer than expected. and more on the high stakes talksment i guess they rolled out the red carpet for her, right? >> yes, they
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