steve paul he's the chairman and ceo of karuna thir a put particulars. money." >> thanks for having me. appreciate it. >> dr. ball, our viewers don't know karuna. this is your first visit what are you doing for some very difficult illnesses. >> thanks, jim karuna is a clinical stage psych focused, cns focused biotech company developing what we believe will be a best in class potentially game-changing treatment for schizophrenia and psychotic disorders in general as you probably know, schizophrenia is a very serious mental illness affects about 1% of the population so 3 million americans live with this disease. it's very disabling. only about 10% of patients with schizophrenia are gainfully employed life expectancy for these patients is reduced by about 10 to 15 years. tragically about 5 to 15% dye from suicide very disabling lifelong illnesse treatments we have today aren't all that much better than when i was a medical student. we are using 20 drugs that were the same as the very same drug introduced 20 years ago called thorazine. we have a very novel,

. >> reporter: outside, the usarski brothers, steve and paul help direct traffic on a nippy windy morningou get. >> their dad a firefighter was killed in the line of duty. the santa claus girls gave them many christmases. >> they brought gifts. the gifts would say, santa claus girls, gifts from santa claus girls. why does it say that? because santa can't deliver them all himself and the santa claus girls helped hip. okay. >> they cancelled their first delivery in the group's history. >> we were heartbroken. >> heartbroken. >> we were very disappointed. >> reporter: and the good news is you're back. >> we're back. we're here. >> and this year the need is so great and yet our hands are tied. we can only do so much. >> reporter: the group lost its usual warehouse. donation he are down, need is up. they'd like to help twice as many families like the carters,. >> we are doing the very best we can now during this time of covid and everything so it helps out a lot. >> believing in santa is one thing. being santa is another. some people have a gift for giving. mark strassmann, cbs news, grand rap

speed with which they do that. >> gentlemen, we will have to wrap it up there much appreciated steve, paul, david, seth, great to see you all, as always. >> as we keep digesting the market moves, let's go over to bob pisani with a deeper look at the market and what else is moving, and perhaps, bob, this rotation that has continued as the market grapples with what chair powell has just said >> yes, kayla. stocks are up, and we're at the highs of the day because powell is not acting in a manner that is surprising to the markets in fact, he is not actin relentlessly aggressive as they had feared and as the market had been starting to position itself let's take a look at the dow movers a couple things have happened since powell's pivot that was november 30th one is that several tech sectors like semiconductors have lagged. but apple is much stronger so apple's a big mover today we see names like united health care and merck, healthcare stocks up. we see consumer staple stocks that are doing well like coca-cola, for example we've got bifurcated market. big cap tech up and defensive names that a

. >> so former white house official just said, hey, steve bannon, you are the hero, you are the hero of the january 6th terrorist attack. paul, obviously steve bannon can say no, i didn't do anything. but where does this kind of evidence play? this is what we saw earlier this year, so much of this is public. is this the kind of thing prosecutors can run with or does it become the icing on top of a cake? >> first off, jason, bannon has his own contempt issues. he refused to talk to the house committee investigating the federal response to covid, claiming trump's executive privilege. i don't know if "hero" is the right word for bannon's involvement in january 6th, but bannon might be a key player in getting at the truth. here the house panel faces the same issue with bannon that it has with roger stone and mark meadows. it has moved to hold stone and meadows in criminal contempt, bannon and meadows in criminal contempt. even if prosecutors win those cases, if they go to prison, they won't be forced to testify. i imagine the house wants bannon's testimony especially if he has all this information. he seemed to know in advance t

treasury secretary larry summers, and willett advisors chairman steve rattner. ♪ paul: tracking the falloutglobal supply chain crunch. these are the top stories. returning home to celebrate the see festival early next year will mean a shortage of port workers. in goods from factories in china to consumers around the world relies on an integrated network of coastal sea vessels run by independent companies to haul containers off and on mega ships. the government will establish an office to work on the ship-related supply-chain security and act as a command tower overseeing economic security issues, including ensuring a stable supply of semiconductors. and in germany, tsmc is in talks with the government about establishing a plant there. this comes at the european union and others to increase domestic sheep reduction -- chip production. kathleen: i want to pull up this chart from our oxford economics on how supply chain stresses eased in november. the report says omicron is slowing the pace at which supply chain problems are resolved, and achieved thus far.e progress bloomberg terminal users c

. >> you had these guys like steve jobs and steve wozniak and bill gates and paul allen messing around what would become the personal computer industry. but no one in corporate america and no one in most of the homes of america thought that the personal computer was anything that would ever have, would ever even happen, let alone have any relevance to them. >> for all of us, the computer revolution was really exciting. it was like, wow, this is wide open. >> it was a group of people who want to make a change in the world. >> and eventually, the two forces in silicon valley, the hobbyists and the button-down business guys, ended up coming together when the chipmakers realized the things that the hobbyists were doing could lead to this whole new kind of product called a personal computer. >> it was at a home-grown computer club where steve wozniak and steve jobs first displayed the computer they'd been working on. and it caused a sensation. >> we had absolutely no idea what people were going to do to these things when we started out. as a matter of fact, the two people who it was designe

army general paul eaton and brigadier general steve anderson.for joining me this morning. >> merry christmas, jim. >> great to be here. >> you note in your piece that one in ten of capitol rioters charged in the insurrection had ties to the military. how far do you believe extremest views, as well as ties to extremist organizations extending to the military and how much are you saying it's enough of a group that could lead to a mutiny? >> absolutely, we're very concerned. that's one of the things that we recommend in our piece is that we gather intelligence about our workforce and make sure that the people in the military are not part of extremist groups. d.o.d. just issued some policy prohibiting active membership, but allowing membership, nevertheless. we believe that that's just not going far enough. the fbi has a list of extremist groups. i submit if you're a soldier in the united states army, you can't be a member of that gang or extremist group and also bow a member of the united states military. membership in groups like that allow them t

paul: all right. dan. >> my hit goes to the women's tennis association and its ceo, steve simon, who said this week that this year or next so long as the fate of tennis pro pink. >> way -- pink. >> way is no longer clear. she recently choosed a chinese communist aofficial -- aexcused a chinese communist official of abuse. the wta's decision is a very big deal, and let's hope it's a turning point. paul: all right. and remember, if you have your own hit or miss, between it to us@jer on nnc. thanks to all of you for watching. hope to see you right here next week. jer@fnc. ♪ arthel: we are moments away from defense secretary lloyd austin's keynote address at the reagan national defense forum. the pentagon chief is set to speak of two potential crises, one involving a former superpower, the other with the power on the rise. hello, everyone, welcome to "fox news live," i'm arthel neville. eric: hi, arthel. thank you for joining us in this special edition of "fox news live," i'm eric shawn. secretary austin's remarks coming as china's communist beijing continues tohr

an alleged blanket pardon offer made by republican congressman paul gosar of arizona to a pair of conservative activists who helped steven start that organization, we build the wall. you may recall that's an organization which raised tens of millions of dollars from trump supporters in order to privately fund a portion of privately constructed border wall. congressman gosar's chief of staff reportedly implied that if this pair of organizers continued staging rallies for donald trump around the country, including the huge ellipse rally on january 6th, that would help their chances of getting a pardon. earlier this week, hunter walker revealed those sources to be dustin stock son and jennifer lynn lawrence. the two were subpoenaed by the committee investigating january 6th and are now cooperating. in fact, we had them on this program yesterday where dustin basically confirmed the core facts reported in "rolling stone". >> you had a phone conversation with paul gosar's chief of staff, right? >> we did talk to tom van flan, yeah. >> yeah. and he said paul gosar had been talking to the president specifically about pardons? >

steve martin. tonight i just wanted to congratulate tom paul rudd i'm a huge fan of tom paul rudd.y did have some prerecorded sketches ready that captured the holiday spirit you might remember christmas morning the sketch from last year and i going a robe snl has done another mom centric christmas sketch this time playing moms talking about what they really want for christmas >> so glad no, really, what would you like? >> oh, i don't know. >> just a small -- >> seriously, you can be honest. what do you really want? grandchildren. >> grandchildren >> okay, sure, but what do you want this year >> grandchildren >> grandchildren >> what about something from homegoods? >> grandchildren >> grandchildren >> five grandchildren. >> maybe we can branch out >> a fuzzy blanket to swallow grandchildren. >> okay. >> a cake stand. >> there you go. >> with grandchildren on top >> that is good. >> next up, john oliver, the last week tonight host is used to being the one delivering punch lines and burns on his hbo show, but this weekend, he ended up meeting another comedian who made a name for himse

multiple senators speaking on this one, first will be senator steve dainesle who leads the pro-life caucus in the united states senate. >> senator paul montana. >> mr. president, i rise today ahead of one of the most important moments in our decade-long battle to protect life. when our founding fathers laid up the declaration of independence they talked about life, they talked about liberty and the pursuit of happiness. they called them certain unalienable rights endowed by our creator. the reality is you can have liberty in the pursuit of happiness without first having that i'm in usable right given by god, and that is the right to life. tomorrow the united states supreme courthe will hear oral arguments on the mississippi late-term abortionas case, dobb v. jackson women's health organization. this puts our nation at the crossroads of history. our nation has a moment to finally modernize our lives. we've got the opportunity to catch up with the great advance weeks in science, technology and medicine that indisputably shows the humanity of unborn children here we have the opportunity to end an extreme judicially imposed abortion regi

paul and shaq, thank you gentlemen very much. appreciate it. >>> up next, she was once celebrated as the next steve jobs.er blood testing setup. rrested her blood testing setup. tasted so good. try centrum multigummies. wow... that's so nice! is that a photo of tepechitlan? yeah! the gift of ancestry®, is a walk through your history. do you remember who this is? it's a gift that surprises you, moves you, and bonds you. ...papa? i can see the nose and everything. she was the original strong woman. i know. this holiday, give the gift of family. give the gift of ancestry®. ♪ [ echoing ] some of us were born for this. to protect people. to help them save. with a home and auto bundle from progressive. ahh. i was born for this. and now it's prime time. cut. jamie, what are you doing? you're not even in this one. i thought it was thursday. sorry. -it is. -i thought -- i thought it was last thursday. >>> at last jury deliberations are underway for theramos founder elizabeth holmes. the panel will now decide whether holmes purposely defeated customers out of billions of dollars, or if she was a frail businesswoma

paul: we appreciate your time. steve sadove, mastercard advisor, former saks ceo.that carries into next year. romaine: keeping our eyes on some other stories out there. tesla. there was a big recall. about 475 thousand cars in the u.s. recalled for some safety issues. not having a huge impact on the stock. we will break down exactly what is happening and why. this is bloomberg. ♪ paul: we are back with special coverage, bloomberg markets. extended coverage, another couple of hours for you. we have simulcast, radio and tv, having some fun with that. keeping on top of the last trading days in the market into 2022. tesla is a name that is front burner for many investors, an extraordinary run. year to date, it is interesting, it is up 54%. it kind of sneaks up on you when you look at that performance. romaine: this company has been through so many ups and downs, but this was really a breakout year for elon musk, not only in terms of what the stock did but the number of deliveries the company was able to achieve. by some measures, they did achieve some profitability. pa

steve davis. nick faldo, 1989. paul gascoigne...ion. we have to give everybody absolutely equal amounts of time. initial reaction to the list? it is a hard duty pic, isn't it? ,, . ., ., list? it is a hard duty pic, isn't it? ,,. ., ., i. list? it is a hard duty pic, isn't it? such a hard year. i'm amazed the said it? such a hard year. i'm amazed they said that — it? such a hard year. i'm amazed they said that i _ it? such a hard year. i'm amazed they said that i managed - it? such a hard year. i'm amazed they said that i managed to - it? such a hard year. i'm amazed they said that i managed to just. it? such a hard year. i'm amazed i they said that i managed to just 26 because _ they said that i managed to just 26 because this has been a massive year for sport. _ because this has been a massive year for sport, olympic sport a football as welt _ for sport, olympic sport a football as well. we were waiting until the final moments yesterday to see what happened _ final moments yesterday to see what happened with lewis hamilton. to com

that paul butler, as you watch what is going on and now this goes to the doj, is it similar or is it completely different than that consideration of what should happen to steve bannon? >> it's pretty much the same, except that mark meadows is even a more compelling witness. he's already provided the committee with tax and documents that suggests he was down and gritty with donald trump on january 6th. but now meadows refuses to talk, even about the evidence he's provided the committee. the committee has heard testimony from more than 300 witnesses and obtained over 35,000 documents, but meadows's testimony could be key to holding the insurrectionists and their congressional enablers and oval office enablers accountable. and chris, if meadows is ultimately found to be in criminal contempt, he faces a minimum sentence of a month in prison. it could be up to a year. but here's the thing, the panel would much rather have his testimony. so, tonight's vote could be the ultimate pressure for meadows to actually cooperate. not a fake cooperation he said he would do and then reneged on in less than a week. and this stakes could not be higher. the chair of the panel s

they spoke to paul gosar at some point, that he dangled a presidential pardon, which by the way it was due to the fact of their involvement with we build the wall, the organization that steve had been involved with and he was indicted for, essentially bilking diehard maga people who were giving money to this essentially fictitious entity and using the money for lining their own personal pockets. they were involved with that as well. and gosar tells them what? maybe that goes away if you keep it up. >> well, to be clear, it wasn't a fictitious entity. they brought in about $25 million and they did erect about three miles of wall along the border. the issue with steve bannon is that you know, he represented it as a situation where he wasn't being paid and allegedly ascored according to the doj he and other members of the group took a lot of money while saying they were doing this sort of pro bono. dustin and jen had this dramatic raid on their rv in august 2020 out at the casablanca resort and casino in mesquite, nevada. but they were never charged. so they felt like this was hanging over their heads. >> ah. >> and according to them paul gosar and his chief of staff tom van

steve: i needed coconut. i went to the store and could not find coconut. then i'm making dan bongino's wife's paul lighter version uses egg roll wrappers there is not saying gel egg roll wrapper. ainsley: according to president biden you are making it up. brian: want to solve all the problems pass the reconciliation package take $2 trillion we don't have. flood the economy like he did last march which even larry summers says just accelerated inflation. he is going to use everything can he to sell this next package. i don't think joe manchin and kyrsten sinema are going to budge. ainsley: we don't have a problem but kamala in august warned christmas gifts may be delayed. remember they were telling us to buy christmas gifts around halloween. steve: adobe analytics says they tracked 1 trillion visits on online retailers they say out of stock messages are up 250% over two years ago. ainsley: we have all seen them. brian: good of clarifies to answer that prescient. the problem was the question was about the order. she answered order christmas packages. steve: turns out she was right back in september i

somebody as a majority whip like steve scalise, who admitted to speaking at a white nationalist rally than someone like aoc who believes in the same thing fdr does, 470 like paulosar -- somebody like marjorie taylor greene who will lead the republican party. if they have a lot of anti-semitic rhetoric with them. host: that is nelson from california. we have done this for half an hour. we will continue for another half a number. your thoughts on if america is a center-my country. senator manchin making these comments back in november. you can agree or disagree. if you agree, (202) 748-8000 is the number to call. if you disagree, (202) 748-8001. the president plans to outline a further effort on fighting the omicron variant today. the hill reporting in a speech aimed at reassuring and persuading americans to take precautions, biden will announce theyadministration's plan to purchase covid-19 tests to distribute for free if -- to any american who wants one. the president will also announce the also standup new federal testing sites around the country , helping states the need additional testing capacity. the first will be set up in new york city this week. biden

paul: what you think about 2022? do i just say short duration? i'm hearing about higher interest rates. i've got my 10 year. stevefeel like you've got a handle on things. 6% inflation, we've got a 10 year. you've get inflation and interest rates. you can't continue to have 1% interest rates on 6% inflation. both of those are going to moderate. we still have cpi next year. we think rates come up somewhat. we will see. a lot of this is the messaging. if the fed it can convince the markets, by moving earlier, they can continue at a measured pace. i think you will see the yield curve move up. the markets are going to price in this fear that they will move too quickly and kill the expansion and the yield curve will flatten. that's the battle between now and a lift off in rates in the second quarter. romaine: we are contingent to see that flattening of the curve. over the next three weeks, we are heading into an earnings season. before we get there, we've got to take a look at the economic data. retail sales, cpi data. how important are those numbers in terms of the specific data points in setting the tone for 2022. st