elizabeth: madison alworth, what a great story. thanks for joining us.n, infrastructure, congressman beth van duyne. we have that story. it is about crime. we have a lot of confusion dealing with crime, what the policies are, also the pandemic. congresswoman, pfizer ceo has contracted covid second time in six weeks. he has been vaccinated, boosted four times. this congressman, not a single, not one u.s. state is requiring public school students to be vaccinated to go to public school. that is even in california. so no public schools in any state are doing vaccine mandates. >> even california, right? because, what you have proven, what you just said, the vaccine if you want to take the vaccine, great. if you don't want to take it that is fine too. that should be a decision you make with your doctor based on your risk assessment, what you're willing to do because what has been shown over and over, the vaccine does not prevent you from getting it. it is not a public health provision. it is actually a personal health provision. that something you want to mak

madison alworth live at the port of bayone, new jersey.u're seeing and the activity you see on the ground. reporter: liz, we've had activity at the port here all day long and that is a good sign that the health of the port is strong. normally 100 days out you'd be seeing all these holiday gifts and items coming off off ships but big box retailers learned last year we exposed supply chain vulnerabilities instead of waiting until the 100 days out mark, ships like behind me have been shipping in christmas goods really since early summer. ocean freight is currently in a much more stable position. take a listen. >> this could be good news for the shoppers, inventory levels are high, shipping costs have dropped all the way from $20,000 to $4,000, and so though there's a lot of inflation in the economy, the fact that retailers have inventory to get rid of, the fact that shipping costs are down may actually help to keep prices in check during the holiday season. reporter: but inflation is already in the shopping environment, even with these better

on home builders, who are seen as sharp spike in buyers canceling their contracts boxes matters in alwortht home builders are doing to attract new buyers. to replace them. home cancelation rates have skyrocketed. homes like the one behind me will be in the middle of construction when a buyer backs out august cancelations were at 19% that is up from 7% cancelations last year, people are backing out because of mortgage rate is typically not set until the home is completed . and as rates rise house that was once just within the budget may no longer be. add to that higher labor and material costs and you have a messy recipe. what's going to do is it's going to create a backlog. and now these builders, we have mortgages. builders have mortgages. they have construction loans. it's going to create a cycle of maybe a downturn going into next year. so we're very concerned about housing supply. there's a severe housing shortage in this country. we are some say two million houses units behind and every year we're falling behind almost half a million housing units. it's a big concern the number of hou

i'm madison alworth fox business. this week on our statewide political talk show.energy secretary jennifer granholm and show host alex michaelson is joining us now live from los angeles. alex sounds like a really interesting conversation you had discussing electric cars and also this heat wave that we're seeing in california. janna good to see you. we talked about a lot of different issues. one of the big issues of this week is nuclear power. there was this big debate in the california legislature about the future of the diablo canyon nuclear power plant. it's the last nuclear power plant in california, the legislature and a big bipartisan moved moved to extend the life of it. it was supposed to end in 2020 2025. now it's going to at least 2030 the idea being it takes up too much of our power grid about 8 to 9% of our state power comes from that and you can't take that off line now. we talked with her about the future of that in the future of energy in this state. the fact that that life is potentially going to be extended is really important because of course nucl

market to buy a home mortgage rates have gone up for the sixth consecutive week as foxes medicine, alworth shows, us writes in a number not seen now in almost 15 years. home prices are slightly down, but rising mortgage rates are sending monthly payments soaring . the average monthly payment for homeowners is now over $2000 a month. that's a 43.7% increase in cost from just one year ago. mortgage rates have hit 6.7% according to freddie mac, the first time that they have surpassed 6% since late 2008. it is putting some downward pressure on home prices, but not at the same pace that we are seeing rates go up. to put that in context if a buyer was to purchase a $400,000 home today, it would cost them around $760 mo a month than it would have a year ago, when the interest rate on a 30 year mortgage was just 3.1% change has really raised the financial threshold for families to afford to buy their first home. this is moving home ownership. a little further out of reach, maybe delaying it a few years for you know, this families and their thirties these, um millennial household to have been tryin

rising costs as well major shippers like fedex say they are already seeing weakening demand, madison alworthore on that good morning. >> good morning, maria. yes fedex is pulling back their going to have less flights, less stores less deliveries case global seeing less shipping as people try to spend less, recently reporting in q1 earnings show profits fell 20% compared to last year. now, they are planning to raise shipping rates by 6.9%, in january. to put that in context the most repeat fedex raise was 5.9%, that was first time in 8 easier they raised their rates, by more than 4.9%, so at the same time, the company says it expects to generate between 2.2, and 2.7 billion dollars in savings, in the fiscal year 2023, by suspending sunday deliveries closing some offices, grounding some planes. this is coming just a week after fedex ceo warned of quote a worldwide recession, saying fedex is a reflex of everybody else's business they do ship all our businesses; right? . >> not everyone is quite yet feeling the effects of slowing consumer spending costco, wall street estimates thanks to strong c

eggs led the report with a 30% jump annually and take it live to madison alworth at the egg farm in howellw jersey, because there's another problem driving egg prices higher. >> liz, that's correct. labor increased and materials increased but the big thing driving eggs so much higher than any other food item is the avian influenza. this virus has been spreading across the killing millions of egg laying hens. what this means is the hens and their eggs that are left, they are jumping up in price. to give you context for that price, a dozen grade a large eggs costing you around $3.11 today. last august, they cost you $1.70. here at the egg farm, they turned around 12.6 million egg as week. they cannot keep up with the increase demand. new potential customers are returning to them because when their supplier is hit with avian influenza, it can take more than six months for them to get back to the egg laying business. >> avian flu is the major component right now and you get a loss of production, that's huge. that's how long. once you get it, you're completely shut down and you have to clean up

madison alworth, following all of that.xt guest know it, preparing for something that could give you sticker shock but not the traditional sticker shock. when you try to pick up your thanksgiving turkey. it will be a lot pricier, maybe three times pricier than it was in places last year. jay jandrain is the butterball ceo kind enough to join us. what is going on here? i'm seeing over $6 a pound? >> like other segments, neil, certainly the food industry is impacted by inflation but there is good news for the holiday. from a survey we recently completed we know that 90% of the american public will participate in the holiday which is actually up from last year and 85% of those intend to have turkey at the center of the table. the good news is also, is that, turkey is usually heavily featured during the holidays. that really mitigates a lot of impact you might see. people go to the grocery store to buy the holiday meal, the turkey won't be the thing they see with the biggest price increase. they will see some very good deals ou

in newark, new jersey, madison alworth, fox business. neil: thank you, madison.hone, same as the old phone. that is not me saying that about apple's highly-touted iphone 14, that is the daughter can of -- the daughter of steve jobs saying that about the new iphone 14. yeah, the guy who founded, who founded apple? that's his daughter. this laborn select major appliances and get free delivery. get the lowe's exclusive whirlpool laundry pair, with the 2-in-1 removable agitator that lets you customize any load. get the products you need this labor day. my most important kitchen tool? my brain. so i choose neuriva plus. unlike some others, neuriva plus is a multitasker supporting 6 key indicators of brain health. to help keep me sharp. neuriva: think bigger. for decades, i've worked at the intersection of domestic violence and homelessness. so when prop 27 promised solutions to homelessness, i took a good, hard look. it's not a solution. 90% of the money goes to the out-of-state corporations who wrote it. very little is left for the homeless. don't let corporations ex

we sent madison alworth to a fedex location in new york city and warned of a worldwide recession as iid, madison, last friday. >> reporter: that's exactly right, liz, we're getting more from that earnings report released yesterday and fedex is pulling back and charging you more. they'll be taking less deliveries and have less stores and less flights and globally there's less shipping and people are paying less. there's q1 earnings that came out and profits fell 20% from a year earlier operating income of fedex express fell by 69%. that is really important indicator because that shows that americans opted for longer shipping methods rather than paying a premium for a faster delivery. making up for the losses as i talked about at the top, fedex will raise shipping rates by 6.9% in january. last year or beginning of this year 2022, fedex lifted rates by 5.9%. that was the first time in eight years the increase was above 4.9%. look at different categories within fedex, freight shipping and they're increasing that by as much as 7.9%. the same time the company is trying to win back some mon

madison alworth following all of that. you don't have to sing it.ng, because i was trying to work it into the script. couldn't figure out a way to do it. neil: popular song. reporter: great song. volvo is hoping to win the electric truck race. the electric version of most important range, volvo fhm and fmx. they can carry 44 tons, they represent 2/3 of the company's sales when it comes to freight trucks. the president roger alm. by 2030, 50% of the trucks they sell should be electric, very bullish on this move. this edition brings volvo to six electric trucks in production. it puts them in direct competition with tesla and daimler trucks. speaking of competition, mortgage demand for homebuyers has fallen 29% since last year. experts expect it to get worse interest rates are up to 6% depending which brokerage you go to. inflation coming in hotter than expected yesterday, with the fed dead set rising rates and mortgage rates continue to rise and mortgage applications continue to fall. application volume pupil dropped 1.2% last thing. here is the thing

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fox business madison alworth is here. is there any relief in sight?ny people are talking about this right now. >> sandra, i wish i could say yes. the challenges both rent prices and mortgage rates rising, so americans don't really have a place to turn when it comes to housing. mortgage demand for home buyers has fallen 29% since last year. experts expecting it to get worse. that's because buying your new home is going to continue to get more expensive. right now a 30-year mortgage rate has surpass 6%, first time since 2008. keeping the rental market very hot. one single mother in miami did not want to go on camera, her rent has increased from 2500 to $5,000 a month. her lease is up in november. she has to decide before then. either have to pay up or move with her son to a new apartment which would also mean a new school for him already during the school year. i spoke to another miami resident, juliana, trying to move out of her parents' house for the past year but rents doubling in some cases, she's given up. >> honestly at this point, you know, you j

first to madison alworth in new york. hi, madison. >> hi, martha.not only have a majority of small businesses seen shoplifting, 50% have seen an increase. at roccos, they have someone once a week swipes pastries off of counters. i want to bring in the manager. mary, you guys had an incident with a shoplifter. he confronted your chef with a knife. you shared the video with us. we'll share that with you. what exactly happened? >> we had someone come in. he made his way around the counter. we have an office section. he stole one of the manager's bags off of the counter. there was money in there the previous evening. my chef confronted him and he proceeded to attack him with a knife. >> when things like this happen, you make adjustments. 46% of businesses having to raise prices. what have you done? >> we've raised some prices but also cut down on hours. we just shortened the day. makes it easier for us just to manage it that way. >> martha: right. we talked about your employees. you have a lot of female staffers. you don't feel safe sending them home at

. >> john: fox team coverage now, madison alworth how the economy is forcing americans to change their plans now. >> sandra: i should say the white house comments, not the couple, they were lovely. thank you for the report at the top of the hour, we just heard from the white house the press briefing was going on, the economists say we are nowhere out of the woods here. >> no, exactly, and i just ducked out of the press briefing. and she was talking about the states, mostly republican states, the list said the unemployment rate that is low. the head of the world bank believes a global recession is more likely because of inflation, and on inflation, when you talk about core inflation, that's without food and energy prices the first time in five months. the that says inflation might be more entrenched in the economy. but the labor secretary telling fox business they have been working on it. >> we have been very clear in this administration we are doing everything we can to bring down inflationary pressures, i would have liked to have seen the prices lower, and make sure people get into go

let's go live to madison alworth at tampa international airport in florida.hat kind of headaches are the airlines expecting this weekend, madison? >> reporter: well, cheryl, the question is always around those delays and cancellations. we're going to to see 12.6 million americans fly through our u.s. airports and 20% of them should expect delays. that's because right now 1 in 5 flights are delayed. that is better than what we were seeing earlier this summer, but it's still more than what we were seeing pre-pandemic, pre-2020. about 1 in 7 flights would have been delayed. so we have seen some improvement especially when you look back to may. from may to june there was a nearly 35% increase in air travel service complaints. that's around 2 the 70% -- 270% above pre-pandemic levels. you know, finally, after all these delays and cancellations this summer, airlines are now stepping up to the plate. they're saying after immense pressure from department of transportation, some of airlines on your screen including american, united, southwest, they're all going to now

we got you covered with madison alworth in tampa on how flyers are holding up, grady trimble in chicago on those that prefer to drive are paying up and the inevitable professor dave dotson on why surging prices have so many down and out. i'm neil cavuto. let's begin with what is happening at tampa international airport, a metaphor on the crowded skies and getting more crowded at airports. what do you have, madison? >> hi, neil. so 12.6 million americans are expected to fly through our u.s. airports this labor day weekend and around 20% of them should expect delays. that's because right now one in five flights are delayed. now, that is an improvement from earlier this summer. we're still a bit above 43 pandemic levels when just one in seven flights were delays. i want to bring you back to earlier this summer. we got a report from the department of transportation. from may to june, there was a 35% increase in air travel service complaints. that's around 270% above prepandemic levels. it's been a summer of struggle when it comes to airports when it comes to delays and cancellations. that's

was it alworth it. 7% were questioning their service. we don't and we truly appreciate you.great. the leadership was not worthy of the war fighters. >> steve: you know, brian, to your point. if will were to ask any of those members of the military that political question, i'm sure they would all have answers. but they are not to be political on tv. and, in fact, we knew that the speech that the president gave last night in the shadow of independence hall, you know, the white house had called all the networks and said can we have half hour of television time? all the major networks said no. so it was ignored but it was clearly a political speech. the only thing missing was a balloon drop at the end. and we had heard earlier from karine jean-pierre it was going to be uniting the country. that the current president would not use any names. he wouldn't call out donald trump. but he did. he mentioned donald trump three times and he mentioned maga 12 times. >> rachel: yeah, you know, it's interesting because people -- by the way cnn, msnbc did carry it. >> steve: they did. >> rach

madison alworth has more from brooklyn. madison? reporter: hi, neil.n the midst of a teacher shortage across the country and as you just said , new york city has now fired 850 teachers and school staff because they chose not to get the covid-19 vaccine. we're talking about educators like kathy mcfaddin, who after over 20 years in the classroom was kicked out. >> came out of retirement to help the city of new york because i love this city. it's a great city. i'm a licensed math teacher. they always had a shortage of math teachers, so who in their right mind would let go a math teacher? reporter: around 1,300 department of education employee s were placed on unpaid leave last fall and we're told to show proof of covid vaccination by september 4 of this year or be voluntarily resigned. only 450 did and now, those 850 remaining are officially out of the school workforce. the total of teachers and school staff let go in new york city because of vaccine mandates that's hit 2,000 but the private sector seems to be getting a free pass. even though it is techni

madison alworth joins us. hey, madison, christmas is only 100 days away, right?usy time for shipping but we're not exactly seeing this. the fedex news showing that shoppers are being choosier about when they buy and how often. i'm at the port of newark. behind me there's a ship off loading. normally we would see a lot of that activity but here is the thing. those companies, those big box retailers, they shipped earlier this year, because they wanted to avoid the problems that they faced last christmas season. >> retailers actually shipped earlier, because they were concerned about the west coast labor issues. they wanted to make sure that they had their goods in stock, they couldn't afford not to have goods so a lot was pre-loaded. reporter: okay, so the good news is, we should be seeing those items on shelves for this christmas, because frankly, they are already probably on our shores but the fedex news also shows us what experts have been telling me which is that companies are also shipping less inventory. this summer as inflation concerns hit, families purchas

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madison alworth. reporter: neil, we saw retail sales grow this past month. that does show that consumers are fighting keeping up with inflation. if you break it down it's a fuller story. the measure looks at spending at restaurants and stores online and in person, that rose .3% in august from the prior month. that total is not adjusted for inflation which increased .1% in august. so it suggests that spending outpaced price increases. a lot of that gain though was from spending on cars. purchases of motor vehicles and their part was up 2.8% month to month. if you take that out of the equation sales declined .3% from july. so with that read not keeping up with inflation as well. so what you can see people are cutting back on certain items, especially when you look at the costs of those items. food as consistently been a big driver up 11% in cost year-over-year. look at items with food in dairy up over 16%. eggs up over 39%. butter up over 29%. breakfast is more expensive than ever. and of course if you're going to out to eat it will cost you more as well. that

i'm madison alworth fox business. this is ktvu fox two news at six.re following breaking news tonight a deadly shooting during an attempted robbery of an armored truck in oakland. one person is dead and police are now searching for the suspect. police say that was the 92nd homicide in oakland since the start of the year, and it follows a string of deadly violence this week. good evening, everyone i'm alex savage cristina rendon. this shooting happened at about two o'clock this afternoon at 44th and international in the fruitvale district of oakland, ktvu. elissa harrington is live at the scene and alyssa what is the latest information from police? well you can see there's a heavy police presence here. and what we know at this time is that one person was pronounced dead at the scene. at least two others went to the hospital with gunshot wounds. police say the shooting appeared to happen during an attempted robbery of a brinks armored truck. we can show you that truck right now. it's still sitting in the parking lot of napa auto parts here on 44th and i

i'm madison alworth fox business. and we've already seen big crowds in oakland international airport. nearly 225,000 travelers are expected to pass through the airport through tuesday. airport officials encourage passengers to arrive early, with traffic levels expected to approach pre pandemic levels. we did expect some busy lines for sure. we didn't get as early as we wish you were here for almost missed our uber. but we're here. we're actually just announced both june and july. we exceeded over a million passengers. so that is the first time that has happened since december of 2019. just a heads up there about 23 flight delays in and out of oakland international airport. note flight cancelation today and monday, expected to be the busiest travel days based on trends in years past. now we're going to live to sfo. this is a live look right now. officials tell us they're forecasting about 500,000 passengers will pass through the airport through monday. from today. that's about 79% of the numbers we saw on labor day in

madison alworth is in new york, how much teachers and school staff were fired for not getting the shotdra, additional 850 teachers and school staff were let go because they did not get the covid vaccine. of course this happening at a time we are across the nation experiencing a teacher shortage. and some of these teachers had a wide array of experience, like kathy mcfadden, over 20 years in the classroom, now kicked out. >> i came out of retirement to help the city of new york, it's a great city. i'm a licensed math teacher. they always had a shortage of math teachers. so who in their right mind would let go a math teacher. >> around 1,300 department of education employees were placed on unpaid leave last fall, and were told you have to show proof of covid vaccine by september 4th of this year, or be voluntarily resigned. only 450 did, so the remaining 850 are officially out of the school workforce. total number of teachers and school staff let go in new york city because of vaccine requirements, that's hit around 2,000. but the private sector seems to be getting a free pass, even thou