my friend ashley webster is in for liz claman. ashley: i agree. and congratulations to don as well, charles. what a remarkable life he has had, and he's even a fox business viewer as well. even better. charles, thank you very much, and congratulations to don. i am, indeed, ashley webster in for liz claman. the bears making themselves comfortable with the dow, s&p and nasdaq on pace for a third down day in a row. you can see the dow now off 228, the nasdaq down 221 -- 121, that is, right around session lows. the dow down big despite a big earnings season boost from cisco which is at the top of the i blue chips as you can see, up 3.5%. shares hitting a 52- week high after cisco reported a top and bottom line beat after the bell yesterday due to its enormous market share as well as future a.i. opportunities at the company. investors responding, up 3.5. walmart also smashing earnings expectations, raising its full-year forecast as well. the retailing giant saying that bargain-hunting customers buying more grocery staples as household budgets remain un

ashley webster. certainly had a big impact on the presidential race.ald trump wasn't at the fox news debate but was mentioned now and then. scott brown joins us, massachusetts senator, well-connected, back in new england, would like you to run for the senate. let's explore all of that with scott brown, kind enough to join us. >> good to see you. neil: what do you make of the race, the presidential race and the fact that donald trump is running away with this thing. other candidates trying to score points where they could in a debate the didn't feature him. ron desantis came off best regarded in that but what do you think? >> if you want to be the king you have to beat the king, you can't beat trump light because we have donald trump and these indictments were disturbing. i thought he got terrible advice toward the end of his presidency, diminishing his legacy. that being said i watched the debate, many candidates at backyard barbecues, hutchinson, suarez, tonight, governor bergen coming and i thought frankly nikki haley and mike pence did the best, ron

ashley webster is there with cumberland next. ♪ >> woman: why did we choose safelite?ing around is the only way we can get our baby to sleep, so when our windshield cracked, we needed it fixed right. we went to safelite.com. there's no one else we'd trust. their experts replaced our windshield, and recalibrated our car's advanced safety system. they focus on our safety... so we can focus on this little guy. >> singers: ♪ safelite repair, safelite replace. ♪ here's why you should switch fro to duckduckgo on all your device duckduckgo comes with a built in engine like google, but it's pri and doesn't spy on your searches and duckduckgo lets you browse like chrome, but it blocks cooki and creepy ads that follow you a from google and other companies. and there's no catch. it's free. we make money from ads, but they don't follow you around showing the millions of people taking back their privacy by downloading duckduckgo on all your devices today. stuart: if robo taxes are not already in your city they may be on the way. ashley webster joins me from atlanta. your in front o

fox business ashley webster in east point georgia to tell us more, ashley. >> hey there cheryl i am withss can provide tables, chairs, to sofas to paintings name it they have it 200,000 square feet warehouse even a kit,i businesses tough with the strike no writers no actors no business, 4.4-billion-dollar dry for fiscal year 2022 the owner. prop store jeremy allen must be tough times not a whole lot going on. >> yes after the writers went on strike business started to slow, this enwhen actors went on strike pretty much fell off a cliff from 30 to 50 productions at a time down to five. just a couple that i think filming with the waiver a couple game shows still commercials music videos the bulk of our work is from movie productions. >> longer it goes on how much more are you going to feel pinch. >> already we had to lay off about half-staff, and, with a we normally would be bringing in is really coming down so longer this goes on harder to survive, basically. thank you very much one example how this strike cheryl is affecting all businesses the ripple effect of this strike, so the one wor

ashley webster is live in atlanta with more. good morning. >> good morning to you, the mug shot is going to be seen many, many times, president trump told fox news digital last night that the buckshot was uncomfortable, it's now been seen around the world, the scowl seen around the world but supporters of donald trump say that was a key objective of the fulton county district attorney fani willis to get the mugshots into get it out. the former president actually spent a little under 20 minutes in the jail but he made his statement to reporters on the tarmac at the airport before he left and he said he had every right to challenge a result of the 2020 presidential election here in georgia, take a listen. >> you should be able to challenge an election it was rigged and stolen and i should have every right to do that, yet many people watching over the years to the same thing whether hilary clinton or stacey abrams or many others. >> trump faces 13 counts including violation of george's racketeering of making false statements and co

all handed over to ashley webster, he is in for liz claman. over to you. >> thank you, how did the men north of richmond get so rich. i guess that is a story for another day but your point is very well taken. charles: try taxes. very good. charles pingree stuff, good afternoon i am ashley webster and for liz claman. we begin with the fox market alert you can look at the mixed bag the dow attempting for a third straight interest-rate session of gains but between the bulls and the bears as anyone's game, the s&p 500 and nasdaq on the other hand are little more firmly in the green as you can see, nothing to write home about but there in the green, as big tech and growth stocks, maybe the chip stocks to lead the way higher, nvidia, micro, their higher but not just tech and control, steel dynamics claim in the top spots on the s&p 500 at this hour. coming up by the way we're going to dig into what's driving the gains in the rejection and rocking the steel industry the ceo of spring maker cleveland cliffs will join me whether to discuss whether or n

ashley webster in for liz claman. ashley, over to you. ashley: thank you, charles. very powerful message, thank, my friend. good afternoon, everyone, i'm ashley ashley webster in for liz claman today. we begin with a fox market alert. the bears are sinking their claws into the major averages, red everywhere. the dow off 280 points, the s&p and nasdaq down close to 1%, the russell 2000, small caps, also down 1%. the selloff is being driven by a combination of negative news. we have disappointing data out of china casting a dark cloud other its economic output. industrial production, meanwhile, coming in weaker than expected and, oh, yes, china unexpectedly cutting rates by 15 basis points. all kind of negative headwinds. now on the other hand, strong data guest canically not helping investor sentiment either. retail sales rose more than expected showing that the consumer here in the u.s., very resilient. but you know what that's codes for, yep, the feds could have to keep rates longer for high higher -- can higher for longer, rather. [laughter] neel kashkari saying t

i am ashley webster i am in for liz claman.e major averages are at risk for posting a fourth straight session of decline but right now stocks are flat down

ashley webster in for liz claman. ashley, over to you. ashley: thank you, charles.ley webster in for liz claman today. we begin with a fox market alert. the bears are sinking their claws into the major averages, red everywhere. the dow off 280 points, the s&p and nasdaq down close to 1%, the russell 2000, small caps, also down 1%. the selloff is being driven by a combination of negative news. we have disappointing data o

my friend ashley webster is in for liz claman. ashley: i agree.e's even a fox business viewer as well. even better. charles, thank you very much, and congratulations to don. i am, indeed, ashley webster in for liz claman. the bears making themselves comfortable with the dow, s&p and nasdaq on pace for a third down day in a row. you can see the dow now off 228, the nasdaq down 221 -- 121, that is, right around session lows. the dow down

all handed over to ashley webster, he is in for liz claman.e men north of richmond get so rich. i guess that is a story for another day but your point is very well taken. charles: try taxes. very good. charles pingree stuff, good afternoon i am ashley webster and for liz claman. we begin with the fox market alert you can look ath

i am ashley webster i am in for liz claman. we begin the final hour with the fox market alerts, stocks have been under pressure this week all three major averages are at risk for posting a fourth straight session of decline but right now stocks are flat down ever so slightly, he can see the dow up 12, the s&p downtown, the nasdaq down two tenths, global growth underway as china's property evergreen files bankruptcy protection in a manhattan courtroom, shares of chinese cavities are feeling the heat seen declines across the board e-commerce giant ali baba njd.com among those moving much slower today as well as ev maker nio, kneel down down 7%, at this hour next friday we will get a better sense of what the fed is thinking as fed chair jay powell will be speaking at the jackson hole central bankers conference a week from today. many are hoping to glean more information on the fed forward and whether or not they will keep the rates higher for longer. that is the fear. in a rare move cybersecurity firm palo alto networks is reporti

there's ashley webster. he is hopping along the cumberland topper when we come back. all right. e hitching a ride, ashley. closing bell, 36 minutes away. dow jones industrials still down about 13 a 5 points. the nasdaq up 22. we are coming right back. ♪ ♪ after advil dual action back pain... yo! uh! ha! ha! [dog bark] what? my back feels better. before advil... new advil dual action back pain fights back pain two ways. for 8 hours of relief. >> woman: why did we choose safelite? >> vo: for us, driving around is the only way we can get our baby to sleep, so when our windshield cracked, we needed it fixed right. we went to safelite.com. there's no one else we'd trust. their experts replaced our windshield, and recalibrated our car's advanced safety system. they focus on our safety... so we can focus on this little guy. >> singers: ♪ safelite repair, safelite replace. ♪ if you have this... and you get this... you could end up with this... unexpected out-of-pocket costs. which for those on medicare, or soon to be, is a good reason to take charge of your health care. so consider this.

cheryl: ashley webster. all right.h say that a digital dollar could give the government direct control over citizens' bank accounts. back now with me, larry glazer and luke loipped. luke, go right ahead and tell me that i'm old-fashioned and old, whatever you want to say, but i like having a little cash. and i loved ashley's point that the elderly, the older generation, the boomers, they're not going to be comfortable with manager like this. >> if you're old-fashioned, cheryl, i'm old fashioned as well. so i think that's okay. look, central bank, i've said it before, a central bank in itself is a socialistic government system. it's another way for the government to control our captain can listic free market system through interest rates and open market operation. and when we got off the gold standard in 1971, it allowed the central banks and government to go crazy with what they were able to do. what do you think central bank digital currencies would be used for? government regulation and control. you know, what's stop

ashley webster is outside the fulton county jail.>> reporter: he does, stu, and good morning to you. they've been turning up as time has gone by here and, yes, there are large groups waving flags. but just in the last few seconds a group wearing rat costumes, i say again rat, rat standing for republicans against trump. so we have people on both sides of the issue. meanwhile, fulton county authorities say donald trump will be treated just like any other defendant when he comes here later today. i find that hard to believe. he is, after all, the former president of the united states. he's also the leading republican candidate to take biden on. however, let's look at the procedures that will be in place when trump shows up later today. as per fulton county regulations, there'll be a property intake, there'll be a medical screening, there will be fingerprinting and also photographing. oh, yes, a mug shot is definitely on the table. at least that's what we believe. also there will be a warrant check. we're also expecting a hard lockdown o

the big money show to take us to the next show. >> ashley webster, thank you so much

ashley webster has all the details, what are you hearing? have something better to do, a lot of verbal jousting over the week and the prospect of a elon musk versus mark zuckerberg cage match, late last night he said he may need surgery on his neck and back and we'll have an update later this week. over the weekend, musk posted on his social media site, the fight will be live streamed and all proceeds go to charity for veterans. zuckerberg responded motion to use a more reliable platform that can actually raise money for charity? which musk responded it shouldn't do you focus on not letting your app die? if the battle of the egos goes ahead, let's look at the tale of the tape quickly. mark zuckerberg coming in at 5'7" reportedly 154 pounds, he is lean and mean, 39-year-old tech billionaire worth about $110 billion he's also trained and mixed martial arts, elon musk on the other side coming in at 641, weighing about 187 pounds. he said admittedly he's not in fighting shape, 52 years old but he's worth twice as much of which counts for nothing

stuart: i need ashley webster he's back from an extended vacation. good man. : you are a big soccer fan, do you agree megan rapinoe brought division to the u.s. women's team. ashley: absolutely she did. when you're selected to play for your country and you put on the jersey at the moment of pride and patriotism not a platform to have your own political views. i think it's so disappointing into your point every team the women's world cup, they stand proudly when they sing the national anthem and i find it an embarrassment that the team is not doing that led by a pinot it is a final song she goes out by missing the penalties and some irony of justice, we should have players who absolutely want to represent their country and not use it as an opportunity to have whatever politics, no one cares, play the game, you're there because of your skill. stuart: i'm glad we brought you into this discussion and will see you more now this. donald trump's attorney john laura wants a january 6 trial to be televised. watch this. >> i personally would love to see that. i am convin

meanwhile, i'm give the show to ashley webster in for liz claman. to get back to your advice, just are relax, chill out. the prices will come down. i love it. charles: there you go.

meanwhile, i'm give the show to ashley webster in for liz claman. this last hour of trading, ashley, i'm a little anxious about it. ashley: i can tell that, charles. to get back to your advice, just are relax, chill out. the prices will come down. i love it. charles: there you go. [laughter] ashley: thank you very much, charles. by the way, i drove a jalopy, and it wasn't a collector's item. it's been a gradual and small downturn, stocks slowly retreating right up until 2 p.m. which is when the federal reserve released the minutes from its policy meeting last month. the reaction has been pretty mute after the minutes revealed what we already knew, that the federal reserve is still fully day-dependent, and its next meeting will remain a live one with inflation still too high. they also, the fed appears a bit divided, they're not on the same page. the minutes also a reaffirming that the fed does not see a mild if recession at the end of this year, but there's still significant probability for one in 2024. but it is the retailers that are making some of

ashley webster of fox business has the tale of the tape tonight. ashley? >> yeah, hey there, bret.nd, the prospect of a musk vs. zuckerberg cage match may have to wait for just a little while. musk says he needs surgery on his neck and back and will give an update on that later in the week. even though earlier he had posted this on his social media site x zuck vs. musk fight will be live streamed on x. all charity will go to veterans. zuckerberg is that correctly is snarkly respondedshouldn't wl platform that can actually raise money for charity. that's when musk fired back shouldn't you focus on not letting your app. die referring to thread. all words no, action. in the battle of billionaires actually goes ahead, here is how they would match up. zuckerberg coming in at an estimated 5'7" around 154 pounds. the # 9-year-old is worth around $110 billion and oh, by the way, has a blue belt in jujitsu. in the other corner as you can see elon musk reportedly 6'1, 187 pounds thereby. 52 and admittedly not in fighting shape. his wealth doubles that of zuckerberg which, of course, counts f

ashley webster is in a suburb of atlanta. how much of an impact could distract have on georgia?t, 30 happening. i'm inside the central atlanta props and sets. it's absolutely enormous, 200,000 square feet warehouse full of items that can be used in movies, over a million of them everything from table and chairs and sofas, old computers and tvs and old bar equipment, the whole bar is used in the background of movies even the fake croissants and bagels. another fake i tried to eat them. the impact of the strike has meant all of this is coming screeching halt businesses like this i want to show you the production of the last fiscal year 269 tv productions, music videos, commercials, independent, 32 movies were shot here in the last year and of course as i say all of this has come to a screeching halt because are not doing any shooting lame bringing jeremy allen the owner of the enormous props and sets business. thank you for being here, business is going to be tough it has come to a halt. >> is definitely stopped once the actors stopped it really dropped off a cliff basically. >> h

ashley webster, is this real or is this kind of, oh, my way of getting out?suspect that liz, but who knows in this very bizarre story. here we are. after a lot of verbal jousting over the weekend the prospect after zuckerberg versus musk cage match may have to wait. he said he needs surgery on his neck and back. he will give an update later this week. we'll see what happens. meanwhile musk posted this on his social media sight, x, muck zuck fight will be live streamed on x, all proceeds go to charity for veterans. fair enough. zuck responded, on his platform should we use a more reliable platform that can raise money for charity ouch? where musk said, shouldn't you worry about your platt form from dying. no words, no action. if the battle of the egos or war of the weanies some are calling it goes ahead let's look at the tale of the tape, why don't we. in the re corner, take a look, zuckerberg coming in at five foot eight, 150-pounds or thereabouts. he is 349-year-old tech billionaire. wants to be a ufc fighter. trained in mixed martial arts. a blue belt in ju

six southern states add more to the gdp than the entire northeast, ashley webster is in georgia, telln there. >> it is booming i'm in a manufacture facility in atlanta this is wimped in machine husband-and-wife and began it in the basement of their home and now it is the american dream, tremendous story but you imagine the boom in the south, look at the stack, is the gdp of georgia from 2012 to 2022 we can bring the graphic up, up 32% in currently stands at 591-point to 6 billion, remarkable that is the state of georgia along, this company makes machines, the companies by four specific functions they sell around the united states and around the world and they sell to nasa believe it or not is a remarkable story let me bring in lisa, the founder, the ceo, congratulations, ironically you're from the northeast, new york, could you have managed to accomplish what you have here in the northeast? >> i cannot imagine i'm from new york and my husband is from new jersey and i'm grateful were here in georgia were a business friendly state and a lot of great resources for manufactures in the sta

fox business' ashley webster live in georgia with everything you need to know. g shot that's going to go down in history. but perhaps not surprisingly, donald trump using it to actually boost his campaign. i'm going to have all the details right after this. ♪ ♪ ♪ the biggest ideas inspire new ones. 30 years ago, state street created an etf that inspired the world to invest differently. it still does. what can you do with spy? ♪ ♪ what if you could make analyzing a big bank's data... no big deal? go on... well, what if you partner with ibm and red hat, use a hybrid cloud solution to connect data across clouds, then analyze all that data with watson. okay, but this needs to meet our... security standards? yup. compliance standards? mm-hmm. so they get the insights they need... yup. in real time... check. ...to make quick decisions? check. aaaand check. that's the solution ibm and a global bank created. what will you create? ibm. let's create.

the fox business' ashley webster. what are we learning, actually?pectations coming in at $1.03 a share. $0.08 better-than-expected. on the revenue side, a mess at $22.33 billion expecting 22.5 billion. a slight mist. let's dig down deep or if we can. if we look at them media entertainment segment of disney, this is linear tv. the actual revenue came in at right at $14 billion. we are expecting 14.4. new mention of the parks. this actually in at the description of parks, experiences, and products if you like where that came in at 8.33 billion. better than estimates. it wasn't really what was happening here in the united states. it was the parks overseas that did a lot better including a singapore where the theme park was open and in shanghai. that helps those numbers here in the united states up just about 4%. i want to talk about subscriber losses as well. we know that streaming revorevenuehas been falling. 46.1 million disney+ subscribers. that is a 7.4 decrease% from the previous quarter appeared we were looking for around 151 million subscribers.

elon musk announcing it'll be streamed on the platform x known as twitter and ashley webster is livetest, will they or one thing. >> that's the big question i cannot believe were talking about it but after verbal jousting over the beacon the mark versus zuckerberg, elon musk says he may need surgery on his neck and back and will give an update later this week earlier he post on a social media site x known as twitter. elon musk versus zuckerberg will be streamed on x and all proceeds will go to charity for veterans but mr. zuckerberg responded on thread platform, should we use a more reliable platform that can raise money for charity to which elon musk responded shouldn't you focus on not letting your app die referring to thread. it's the battle of the egos the war of the weenies would everyone call it really goes ahead let's look at the tale of the tape in the blue corner zuckerberg 5-foot 7 inches, around 154 pounds, the 39-year-old tech billionaire who wants to be a ufc fighter he trained in mixed martial arts in a blue belt in jujitsu and they say he's small but scrappy and agile.

ashley: welcome, everybody, i'm ashley webster in today for neil cavuto. let's read it and weep.est rates continue to climb and climb and climb. however, the 0- year might be calming down just a little bit. it's still bouncing in and around the 15-year highs at 4.23%. and mortgage rates at better than 202-year highs, above -- 20-year highs, above 7%, no less. let's go first to gary kaltbaum, our good friend. great to have you here, gary. let's talk about the housing, and then we'll get into the market. housing, so much concern. no inventory. 7% mortgages. it's just really hard to, excuse me, it's very hard to see how quickly this is going to turn around. >> you know, it's funny the redfin gentleman says that we're at rock bottom. i'm in florida, i don't think we've seen a top yet. but look -- the. [laughter] overall very simple, there isn't any inventory in many areas because who wants to get out of a 3% mortgage and go into a 7%? that is an outcome of you know who, who printed up to $9 trillion and took rates down to zero. and i'm not sure what the distortion is going to cause a