let's go to connell mcshane in woodmere new york, with more. connell, hey there.there, cheryl. it's interesting we're starting to see just small signs that maybe we're cooling off a little bit. around the country for example, 12% of sellers have now cut their asking price over the past month, something that probably would have been unheard of, a few months ago, but at the same time, there are signs the craze for lack of a better term, is not over yet. the suburban neighborhood just outside of new york city today it's like a lot of others around the country and prices are still going up, even as buyers and sellers report being a little nervous with the higher mortgage rates as we are walking around with the redfin real estate agent, he was telling us those nerves, they are just adding to the frenzy. >> i did an open house last week on long island. we put the listing up on a thursday, had the first open house the following sunday. we had 48 families waiting in line. it was supposed to be a two hour open house, and it stretched to four hours and then we had to cut it

charles: connell before i let you go.things the last couple days i read where italy is like all right, you know, we've got to pay in rubles, this feels like germany, it's not going to pushback ultimately i mean, they box themselfed in. i want your thoughts on that and also, ukrainian forces taking back cities and territory and now this art of course this op-ed in the journal about going on the offensive. i mean, you follow this and you understand the way things work. could the tide turn where you think we, america, would even decide to help them with offensive weapons? connell: i don't know about that last part about the offensive weapons but in using the weapons they already have its been impressive looking at the gains that have been documented by the ukrainian forces in the last say week to 10 days, charles. in and around the city of kyiv, we've been looking at a radius i know today of about 25-kilometer s where the russians have really been pushed back even further in some cases where they moved so close to the capito

and we are about to talk a lot more about that, connell. thank you very much. in fact, bidding wars, other the top offers -- over the top offers sound familiar, right? exactly the things we saw before lehman brothers' failure triggered the 2008 financial crisis. former fdic chief sheila bair furiously rang alarm bells. what does the she see now? she's about to tell you next in a fox business, collusive. closing bell, 45 minutes away. dow is up 213 points. more "claman countdown" right after this. ♪ ♪ you can't buy love. happiness. or confidence. but you can invest in them. at t. rowe price our strategic investing approach can help you build the future you imagine. ♪ ♪ new projects means new project managers. you need to hire. i need indeed. indeed you do. when you sponsor a job, you immediately get your shortlist of quality candidates, whose resumes on indeed match your job criteria. visit indeed.com/hire and get started today. this isn't just freight. whose resumes on indeed match your job criteria. these aren't just shipments. they're promises. promises of al

we've got connell mcshane following all of that, connell? connell: yeah, just a little bit , neil.right that was unheard of just a few months ago you'd have any kind of price cuts. the way i would say it in talking to the experts is crunch time for the housing market. you have mortgage rates going up , starting to your point to have a little bit of an impact on demand, at the same time though, you come to a neighborhood like this , we're just outside of new york city today, and it's still a pretty crazy environment. >> i thought that once the interest rates increase, it would slow it down a little bit except its had the opposite effect. people are running out to buy a house, to lock in before it goes up even more. connell: the redfin agent was saying can't go on like that forever, and that's exactly the point. the firm's chief economist wants people to hear. >> if you're a home buyer out there you're probably not going to notice the slowdown in competition just yet, but that's why it's so important right now to really be on top of how things are changing, because it be a bad time t

connell: that's why this next phase is so critical.these higher rates if demand stays high, and prices do as well, another housing bubble is possible, but redfin's chief economist hopeful that can be avoided. >> i expect the market to be significantly cooler in a month or two. it'll take sometime for home buyers and home sellers to react since mortgage rates are up and the fed is going to keep raising interest rates, i just don't think the conditions are there for this to turn into a big bubble worth worrying about. connell: fairweather was saying you still see some markets like california which was red hot, that are starting to cool off already but around here, the reaction of those higher rates has been from people to rush out and you know, try to buy a house before rates go even higher so that's why they both agree that these next few weeks, stuart, are critical for the housing market in terms of the direction we're going to go. stuart: yes indeed, connell good stuff thanks very much. i want to bring lauren into this i just heard th

phil connell in york, thank you. —— on how these honours are given out.macists to prescribe some medications as a way of trying to relieve the pressure on gps. patients suffering from some acute illnesses, such as respiratory infections or gout, can bypass the doctor's surgery and go straight to community pharmacies. scotland is aiming to deliver a similar service but, by contrast, england is yet to adopt this approach. 0ur health editor hugh pym reports from the welsh city of newport. can you just open your mouth, jack, and i'll have a look at your tonsils. jack has tonsillitis. he is being examined byjonathan. but this isn't a gp surgery, it's a pharmacy in newport. jonathan is trained to prescribe medication as well as being a pharmacist. take one or two, up to four times a day. he has given painkillers to jack, which means there is no need to go to a gp. i think it's brilliant, i think it will help a lot of people because gps are quite hard to get into at the moment, so probably will relieve a bit of the pressure off them. i spent years referring peop

mcshane following it all at our one touch, connell?does it justice, neil, this video clips that we just showed while you were speaking are what russia claims was an attack in their territory. this is one of the situations that's a big development in this war if it's true and we're being careful to couch us because ukraine has not confirm ed anything but if you look at the area in dispute here this is the border of course that we zoomed in a bit between russia and ukraine, kharkiv we've heard so much about the ukrainian city hit so hard, belgara in russia is the area where this fuel depot is located, to hear the russians tell it, these helicopters came flying in at low altitudes and they struck that area here, we've been having some technical difficulties by the way with our maps popping in and out on us a little bit but they struck that area it tells us, they tell us the russians, ukraine has neither confirmed nor denied that that is the case, so for the timings, our map is up and running so let me try to go to another development that

are making, right, connell?veries are being made in and around the capital i city. bucha's up to irpin, and you see all the blue that we mapped out here in ukraine, that is the claimed ukrainian counter-offensive that we've been talking about for weeks, so that is, to your point, that area that ukraine has reclaimed which is allowing their forces including their president to get in here. the russians, meantime, refocusing their war efforts whether it's in the east or even down here in the south across odesa and places like mariupol which we'll talk about here in just a moment. but let's move in closer to the capital region and talk about the area that seems to be in focus over the last couple of days. so right here this is bucha, this is the area where, you know, alexis was showing you those gruesome images, and the reason they have been discovered from kyiv, center city kyiv to bucha, it's probably maybe a 20-mile drive or thereabouts, the ukrainian forces were able to push the russians back, hold them steady,

connell, good morning to you. >> reporter: good morning, maria.actually agree. we don't see that often, these days. but we're at first solar today and companies like this are pushing hard, republicans and democrats, so they will be tough on china. you take a look around the floor where we are, these solar panels are being made, basically 24/7. they're expanding for solar in the state of ohio. competing with china, you talk with the ceo, that can be the tough part. >> we know that we don't have a level playing field given what's going on in china right now and heavily subsidized industries and a strategy that's focused around world dominance and emerging industries such as renewable energy. we need to fix that. >> reporter: first solar's ceo mark whitmer there, he says he's pushing for a manufacturing tax credit. he said he would prefer that over higher tariffs, he thinks the higher tariffs are necessary for now. we have similar sentiments at another company, american nitro which is a start-up outside of columbus making disposable latex free gloves

now, up until a week ago, there were still 3 young roosters in the connell families yard. they got along well until a fight broke out between them over the hens, peace and harmony, never returned. and so the roosters ended up in the frying pan. the families passion for chickens began with a birthday surprise. they got to borrow chick, and there was no turning back. they just had to have another 5. that was the plan anyway. hello, denise canada. no one i know is stuck to 4 or 5 chickens. once you've caught the chicken bug, there's no going back. if you'd see a this minus the 3 roosters, they now have 10 adult chickens. and another 14 chicks hatched 2 weeks ago. and gets wanted. i also, if we had 20 eggs and end up with 10 roosters, we'll have to slaughter them at some point. no 9, we might keep one. we're not sure. it depends how the boys behave because especially with roosters like them. it's hard of course. we basically raise them is it's me, they sit on your knee, they fall asleep in your hand and you have to decide at some point in my wilma, your life's going to end ton

stuart: the ohio republican primary next week connell mcshane is there.stion, connell, what does china play in the primary? >> we are talking to companies that are based here in ohio, they want all candidates to be tough on china. it's across the board. we see it at an established place like this, first solar today and we have seen it at start-up that we visited right outside of columbus american nitro, it's in the business of making disposable latex free loves and want to scale up in the business quickly but he says he needs help to take on the chinese. >> we would love to see the government do more and give tax incentives and keep tariffs high or reinstate tariffs right now while they they are considered garment. well, it doesn't really help. >> they know all about subsidies from china and the ceo was telling us it seems to be bipartisan consensus at least when it comes to the rhetoric. >> i think there's alignment for both on the republican and democratic side for manufacturing as well as having competitive spirit to compete against the chinese and try

connell mcshane has the latest now from ohio. connell. >> reporter: hey there, neil. very crowded or the democratic race, there's one issue that seems to be kindfying the candidates, which is very rare these bays, and -- days, and that issue is china. both parties, they are kind of fighting over who can sound tougher on china. come to a company like this, you understand take a look around the floor where we are, this is first solar's operation just outside of toledo. they have a big expansion underway here and at least in part because of the fight against jobs moving to china, the ceo is telling us he's now receiving much more widespread support puff for an expansion in renewable energy. take a listen. >> you asked me 5, 10 years ago was there bipartisan support for that, i would argue, no. i would say though that it's changed. even in the state of ohio. >> reporter: so now he and other business leaders are really pushing these candidates in the senate race for policies they say would level the playing field with the chinese. so what do they want? things like a manufa

elizabeth: joining us now, gop strategist, ford owe connell.great to have you back on. more and more we read through special counsel john durham's motions and court filings, the more the trump russia story is less about trump than hillary's lust for power. there is a new court motion. how is it attorney/client privilege energies is what clinton team is saying, they're trying to block in court, block away from john durham, hundreds of their leaks to the media but, when hillary was trying to push, and her team were pushing now debunked russia, they're claiming this was legal advice protected under attorney/client work privileges. how is that? >> that is exactly john durham's argument, it isn't. what john durham is saying this is bogus claim of attorney/client privilege and if you look how the fusion gps stories were pedaled to the media about false trump russia narrative, they didn't have any lawyers cc'd on the emails. they were haphazardly mails. if this was truly client privilege they would take a step using more care disseminating e-mails to

right now i want to bring in david de textts, michelle connel l and scott martin. let's get an assessment, in this market how much more pain should we expect from here, david? >> okay, so for me, it's all about the mathematics as to why we're seeing what we're seeing. you know, it's an equity risk premium, at the start of the year you have that 10 year at 1.5, you had an earnings yield on the stock about 5% now it's 3% to 5% so you just aren't getting compensated enough for the risk of stocks so i think it's all about what that 10 year bond does. i think it's priced in an awful lot of pain here, so we think that if there's any kind of pushback on the fed saying you know we don't want to go too far like the other day, maybe that 10 year bond comes back down and stocks can get their footing again. charles: you know, michelle, to that point even powell has admitted that the jawboning is working to a degree. we know certainly it's being built into the stock market and to david's point where do we get to that maybe inflection point where okay a real worst case scenario

so san jose campbell, last connell's all mid to lower 70's union city hayward fremont upper 60's, lowwe start to warm up just a bit up in vacaville. 82 fairfield york, 78 toledo, 73. and then over here, it's tense and beach 58. but remember, bring that jacket with you. we talked about no rain in the forecast. dry conditions and we start to warm up tomorrow and that warm warming trend consistently stays here through the weekend. look at that saturday into sunday. all 76 mid 70's and we will warm up even more on wednesday in the inland areas around 80 degrees. so looks great. there. they sure your in the low 70's there mid to upper 60's as the week goes on and then along the coast, you pretty much consistently stay in the low 60. so no rain, warmer temperatures. but today you can have to contend with all of that when they were seen outside darya. james, back to you. thanks. a lot of and we have a bridge alert. as far as you know, the window. she just want to be aware. >> of the wind. gosh, look at the bay bridge approaches so much better. just in the last half hour. yeah, i mean, is mov

connell: lauren: the governor signed into law minimum pay standard statewide.ivers are getting medical leave or paid time, eligible for workers compensation and independent contractors. stuart: the rule that makes bluebird drivers employees and not private contractors, one of the worst things i have ever seen. next case, republicans in florida threatening to take special privilege away, those rules have been in place for 55 years, we will get into that. a new warning from a new york city councilwoman raised in the soviet union. she says the us is starting to remember communist russia. 4 million refugees left ukraine, some are heading back home to the war zone. we get that from a refugee hub, next. municipal bonds don't usually get the media coverage the stock market does. in fact, most people don't find them all that exciting. but, if you're looking for the potential for consistent income that's federally tax-free, now is an excellent time to consider municipal bonds from hennion & walsh. if you have at least 10,000 dollars to invest, call and talk with one of

pandemic, college redhair deployed with his division to kuwait and after returning from the middle east, connell- college redhair joined the army reserve. when he isn't protecting our community, he spends his time as an assistant scout master for the boy scouts of america where he trains young men and women to become our future leaders. this commitment to our country and our community is outstanding and i'm glad to see such a worthy member of our community receive this honor. thank you again for your service and congrats on your well deserved promotion. it's been over two months since russia invaded ukraine. we are witnessing a war crime forced upon the people of ukraine. from this tragedy we've seen great strength from the ukrainian people. as well as a great deal of kindness and support from our fellow americans. in fact, throughout texas district six, you'll see support with ukraine flags being flown and people donating their time to help the people of ukraine. for example, waxahachie's very own greg burdette went with a nine-person team to assist ukrainian refugees in poland. greg's team spe