we want to go to ashley webster in his view of this.feeling pressured the federal reserve growing pressure on them to not only cut rates but maybe a half a point of three quarters of a point, some were saying why not now like robert prechter, where does this take us and what does the fed do. >> i think the chances of the fed stepping in before the next scheduled meeting is pretty unlikely. it's not the fed's job to prop up the market. i think that's true to say. going back to the jobs report that got this whole thing going it wasn't great but it wasn't awful, we saw lower jobs created in april of this year. maybe it's overdone but bottom line with all the computerized programs now we haven't talked about it this much but the algorithms once it starts it tends to feed on itself and panic creates panic and self-fulfilling prophecy and that's what were seen. it's interesting the dow was down over a thousand points and started to stop the bleeding but who knows as we head toward the closing bell maybe we will see another spell of selling th

ashley webster, very good at following up on great stories and great reporting. s foiled terror attack on taylor swift. the more i discover about this, ashley, the scarier it gets. these guys had pulled this off, my goodness. >> yeah. very disturbing details, neil. this 18-year-old is an iraqi national, an iraqi citizen who was arrested. authorities in austria say he had contact with the ringleader of all of this, a 19-year-old, although they don't believe he was directly related to this plot. but you know what? >> it's very eerily similar to the attack that was carried out in 2017 at an ariana grande concert in the if u.k. that killed 232 people. the -- 22 people. the use of a bomb and anything they could use to create, you know, the biggest amount of carnage. absolutely horrible. thank god that they managed to get this not foiled before it could be carried out. we know that the three concerts that were scheduled in vienna have been canceled, but now taylor swift's concert tour goes back to the u.k. for five dates, five concerts in a row beginning next thursday.

what to make of that with ashley webster, chump change numbers for young ashley.ucks wanted and needed a big turnaround, our response to the fact that he was recruited and got the job. what did you make of it? >> if i'm the ceo i am doing like this the market of starbucks, $20 billion since the announcement, $20 billion, whatever's going on in the market, the market believes he will do a great job. my biggest worry is i don't know what changes he can make. the thing that i've spoken is price, charge for cappuccino, if you fix it lower for the profits. a big job to do, he gets the chance now. neil: what do you make of it all? ashley: gary paid for himself based on $20 billion on market. he will be the fourth boss in three years, a horrible sales slump. maybe pricing is the issue but he is someone who believes he can do it. a big part of that is in share options based on performance. if he can turn it around to he is absolutely, no problem with it at all. neil: it was a good point to raise here is that he has got to deliver the goods or the money doesn't materialize

ashley webster in for stu.

i am ashley webster in the first stuart varney. the dow up 0.1%. the nasdaq down half of 1%. nothing to concern the markets about the fed holding back on a rate cut. look at the 10 year treasury moving slightly higher but it turned negative down two basis points on the ten year. look at the price of oil, ever so slightly lower down $0.17, just above $78 a barrel and bitcoin down 59,476. that a look at the markets. now this. nikki haley making an urgent plea to donald trump and republicans last night, stop whining about kamala harris and focus on the issues that matter. >> the campaign is not going to win talking about crowd sizes or what race kamala harris is or talking about whether she's dumb. you can't win on those things. the american people are smart. this is a winnable election. you need to focus, who is your target market? your target market is suburban women, college educated, independents and conservative democrats. that your target. the target issues are the economy. we are in a knife fight. right now we need to be focused on who we need to be. ashley: former arkans

i'm ashley webster in today for stu varney. as we take a look at markets, the dow and the s&p turned positive. very, very modestly so while the nasdaq was down just 36 points. pretty much just treading water so far on the inter-day's session. take a look at big tech names if we can. it was a bit of a mixed bag earlier on. nvidia up by about 1% and google down 3.5% and some concerns it may have to be broken up. not right away but expect that to end up in the courts. 10 year treasury yield down nearly two basis points at 1.82%. talking about inflation, get together very latest consumer inflation, prices up 2.9% in july and under 3% for the first time in more than 3.5 years and they are making progress. brian brenberg joining me. great to have you. do voters really think kamala harris can bring down inflation? what say you? >> she'd have to say something spes fantastic about it and form an opinion and once she does, she'll have to talk about some of the prices that just don't seem to want to go down. taking you through some of tho

ashley webster in for stu. take the it away. ashley: good morning, everyone. indeed, i'm in for stu today. the big muse of the morning -- news of the morning, here are the numbers. july cpi inflation rate falling to 2.9%, below expectations of 3%. the core cpi inflation fell to 3.2. that was in line with expectations, but western point out this marks the first month with cpi inflation overall below 3% since march of 20211. more than three years ago. markets taking, well, at first a slight dip on the news although we've now turned modestly higher. the dow up 27 point, the s&p up a tenth, the nasdaq also a up about two-tenths of a percent. interest rates, meanwhile, on the 10-year yield just slightly hire, up by 1.4 basis points at 3.85%. let's take a look at the 2-year, also higher by nearly 5 basis points at 3.97%, and let's take a look at bitcoin. we always like to keep track of that, of course, up $575 at $61 is,1544. what about the price of oil with everything that's going on, especially in the middle east? slightly higher, $78.65 per barrel of crude. if as

brian: we're going to send it over the ashley webster in for charles payne. ash, take it away. ashley: thank you very much, guys. how cute are those dogs and how well behaved? good afternoon, everyone. i'm in today for charles payne, and this is "making money." breaking right now, we are wrapping up what has been a very volatile month just with as we prepare to start the another month that is, yeah, historic historically volatile. so what should we expect from the september effect? well, lance roberts is here to break it all down for us. the fed's preferred inflation gauge coming largely in line with consensus, so is this the green light? the federal reserve has been waiting on to cut rates or could next week's jobs report change things? we'll get into that. vice president harris giving her very first interview since becoming the democratic presidential nominee, offering very little specifics and flip-flopping on fracking. not easy to say. i'm going to ask steve moore if she should catch the new "reagan" movie this weekend. tax cuts, min? and bud light using the college football

ashley webster has some insurance companies startling details. ry disturbing, neil. two s&p 500s, aged 19 and 17, the 19-year-old believed to be the ringleader who'd been radicalized online, swearing an oath to the leader of isis, he is an austrian with, we're told, north macedonian roots. the plan, apparently, was an isis-style attack at one of these concerts driving a bomb-filled vehicle into a crowd to kill as many people as possible. they were also apparently allegedly going to use machetes. even more worrying, one of those suspects, the 17-year-old, was just recently hired to work security for the venue that was holding the taylor swift concerts. we don't know which concert, there was one scheduled for tonight, friday and saturday is. all three have been canceled, as you can imagine. we are told that both suspects were known already to to authorities in austria as a risk. finish and, of course, when they raided the 19-year-olds home, they did find democrat calls and technical devices consistent with bomb make. so they have certainly averted w

ashley webster to weigh in on this and what's going on. lown civil war, what's happening, ashley? ashley: it is. we're talking about riots spreading all over the country, neil. it began in the northern part of the united kingdom where just a horrible attack on young girls at a dance studio in the uk led to the death of three young girls. what that led to was widespread misinformation on the internet and social media platforms, identifying the the stabber as someone whose muslim and a recent refugee. none of that was true. the stabber who just turned 18 was born in wales, so none of that was true. we don't know what the motive was but it's already out and it spread more online and now we're seeing protests. we have misinformation. we have far right groups and of course we have anti-immigration groups, and it is continuing to spread and elon musk is kind of sticking his ore in and criticizing the uk prime minister saying look, i understand you're now arresting people for making offensive comments online. is this great britt on or the soviet u

want to get reaction from ashley webster and scott martin, what they make of this.ople have looked at some of the cryptocurrencies and everything else as sort of a safe haven when things are volatile, but lately it's not been that. i'm just wondering what you make of that. >> yeah. i think at times, neil, it can be. but if you look at the history of, say, bitcoin and etherium, it kind of follows closely to the nasdaq. if the nasdaq has a rough day, you saw bitcoin open down about 25% and obviously rally throughout the day and coming back a bit today. look, i think bitcoin has to be in its own asset class. if you're adding bonds to your prrvelings i think bitcoin has its own spot but also a don't be consider rate of it as far as a complete hedge because it does tend to follow the stock market. neil: yeah, you can go to ashley route, he's magnesium futures. it's novel, but he gets results. [laughter] ashley, what do you do? a day like yesterday, you say it might be a the turn-around tuesday, i don't know where the heck to put my money. >> i think the fear is still the

rest of the media, so let's bring in beverly hallberg and fox business network correspondent ashley websterdoes jay powell message the fed's intended policy? how does wall street message this thing, and you know, the problem that bothers me is all this messaging from on high. wall street-to-main street. main street is messaging wall street for a long time. we're suffering and now we're starting to see it in official data. how do we fix this? >> well, charles, i think we look at the disparity between main street and wall street and how they feel about the economic future. i think investors are finally starting to feel some of the pain that americans have felt far too long, but americans feel gaslit, whether it's from the fed itself or from the biden administration so i think in many ways this is a gift to the trump-vance campaign for them to focus on what they are referring to as the co pilot of bidenomics and that is kamala harris, so they are using this in campaign literature. it's far better for them to use that than to actually focus on her race or gender so it's a gift for them and here