to edward lawrence live in washington with the latest. edward? reporter: yeah, liz the president in that meeting with ceo's from across the supply chain, the ceo of fedex specifically says in the weekend after thanksgiving, his company moved 100 million packages. he says there still are supply chain issues, but most of santa 's gifts will be delivered before christmas. now president biden is trying to boost his approval rating saying that after he announced the release from the strategic oil reserves, gas fell $0.10 not mentioning the fact though that oil prices fell on the fear of more lockdowns, now he thinks that inflation will settle back down once the supply chain works itself out. >> addressing these costs has been and will continue to be my top priority the entire administration, and the way to do this is not to slow down our economic turnaround, not to step back from this progress, but to build on it. we can and we will address prices by expanding productivity capacity and our economy so we move more goods to market. reporter: but the sol

edward lawrence in washington with more. edward.orter: liz, osha moving forward with the vaccine mandates now that the sixth court of appeals reinstated it. osha saying on january the 10th the penalties for the vaccine part of the mandate will go into effect. on february 9th, the testing penalties for the testing part of the mandate go into effect. republicans are saying president joe biden is not in charge of his own administration. >> i do not believe biden is anything more than a puppet. that people are putting up on the teleprompter what his policy is, and he is finding out about it at that moment. he is not in control. this is not, the policies of what is going on in this administration are not the policies of the joe biden in the past. reporter: on one hand you have president biden and members of the administration assuring there will not be any lockdowns. on the other hand policies are pushing mandates for masks, vaccinations while threatening the unvaccinated. >> we with are intent not letting omicron disrupt work and school

edward lawrence, very good sense of humor too.n the meantime, we have gerri willis taking a look at why stocks are up as inflation's up so much. it doesn't make sense, but help me with it. >> yeah. just when you think you understand everything about stocks, right, they go and move hire on a big economic data day. they are higher today as investors express relief that the inflation numbers weren't worse. it's all a game of expectations, and the fact the data wasn't higher than expected, well, that was a good thing. there's also this, today's high inflation numbers show that consumers are still competing for goods, buying, that is, and sending prices higher. that's also borne out by the university of michigan's gauge of consumer sentiment. the index rose 3 points to 70.4, beating estimates and lifting, get this, off a 10-year low. leading the way in the markets, technology. apple shares hitting an all-time high, on pace for a record close if it's above $175.08, and i believe it is above that right now. we, of course, will keep an ey

edward lawrence in washington with moore, edward p. >> president joe biden asking americans to be patient eventually he says it will settle back down. senior democratic official said they are using used cars as a leading indicator and eventually at some point next year after three things happen. first to unclog the supply chain second gas prices need to come down and more people need to get vaccination so employees feel comfortable about going back to work. well, the price of used cars is at 31.4% more this year than last year. still, the president using high-end inflation as a way to push for more spending. >> what is inflation all about her people? they are paying more for things they need and they had to pay before. that is the bottom line. now, if they are paying for childcare, considerably less for healthcare, considerably less for insolent, considerably less you can go down the list all the things of the build back better plan protects the only issue when he says wages are rising that's 4.8% over the past 12 months. but inflation is up 6.8%. so raises are falling short to be just lo

edward thank you very much, edward lawrence. well, one thing for sure, 2021, the year of the spac. it is almost over, names from like sofi, the evgo and wheels up, all went public with reverse merger partners. how will 2022 shape up for new companies looking to do the same, and is there a secret warning sign to tell you which ones will boom or bust on the very day they debut? our next guest has it you've gotta hear it. closing bell ringing in 48 minutes, dow jones industrials up 268 points, high of the session 297. we're cooking, folks let's go. thinkorswim® by td ameritrade is more than a trading platform. it's an entire trading experience. with innovation that lets you customize interfaces, charts and orders to your style of trading. personalized education to expand your perspective. and a dedicated trade desk of expert-level support. that will push you to be even better. and just might change how you trade—forever. because once you experience thinkorswim® by td ameritrade ♪♪♪ there's no going back. liz: riddle maker blackstone flipping a $780 million to go public via reverse mer

edwardcharles: edward lawrence,k you very much. president biden, the mainstream media blocking and tackling for the administration. i didn't see one person in the media or financial media talk about the mass exodus of black workers from the greatest jobs market in history. they led with the convoluted u 3 unemployment rate rather than than a paltry 110,000 jobses created or people got them back. i want to talk to beverly hallberg. you know the politics game. there is a need to spend. i think this is somewhat different. i do think it is hurting president biden and also starting to hurt the mainstream media. your thoughts? >> absolutely. we're used to spin but in order for political messaging to actually work it has to match the reality what people are facing. so the media and joe biden can say all day long that the economy is improving, unemployment is great, but reality as americans we see help-wanted signs all across the country. we know customer service is lacking because there are not enough employees to serve customers coming t

edward lawrence has more.iz, the white house making a coordinated evident to push the steps being taken on the economy. president joe biden taking five minutes before his meeting with the ceo's representing all aspects of the supply chain to tout his achievements tackling inflation. >> that is why i worked with international partners to coordinate the release of oil from our oil reserves and theirs. now gas prices are coming down. more than 10 cents a gallon nationally. that's good news for americans hitting the road this week. reporter: the president failing to mention fear over the omicron variant and possible lockdowns led oil prices to fall on supply chains in the meeting the ceo of fedex told president biden the issues are not all solved. americans noticed in the latest "fox business poll." listen. >> the 22% of registered voters say the president's policies are putting inflation, giving inflation under control only 22%. half are saying it is hurting inflation. at what point do you look at poll numbers li

let's get to edward lawrence who's live at the white house with the other major parts of the president's new plan. edward. >> reporter: yeah, and important what he said at the end there, he said joe manchin and i will get something done related to build back better. the tone has changed towards senator joe manchin. the president is not targeting him anymore. instead, saying they can, work with him again. so you're seeing that change there. he was a little upset about that. now, on the come caron variant -- omicron variant, the president giving dire warnings to those unvaccinated saying it's their patriotic duty to get the vaccination. he also said there would be no more lockdowns, and the president going ahead, pushing heavy for testing. i want to show you the things he's doing. in recent days we've seen long lines at testing centers, and the issue is getting those tests in a timely manner. the plan includes increase support for hospitals should there be a surge in cases, mobilizing a thousand military doctors, nurses and paramedics to work in hospitals. the president said the administra

to edward lawrence live at the white house, edward the markets seem to be embracing the tone at least of the administration's next moves. reporter: exactly and you hit the nail on the head. it really likes the fact that no shut donees will be coming even if there's a rise in covid cases and the president just getting back to the white house after unveiling that winter plan on how to deal with covid. he's going to piece together things that the administration has already announced as well as some new things that have affected travel, business travel, for example,, on travel within the next early next week, you will need within 24 hours of a flight into the united states, you'll have to have a negative covid test. the cdc will take a rapid test or a pcr test and also the mask mandates have been extended now on travel, international and domestic, through march 18. that's for planes, trains and buses. the covid plan will also pass out a safe school checklist to schools with the goal of getting as many kids and teachers vaccinated as possible, so i asked what the next step on that is. list

edward lawrence has more.ware of his sinking poll numbers though the administration is staying course on all of its policies, even in the face of the defeat of the social infrastructure package not coming up for a vote in the senate this year. >> some people think maybe i'm not irish, i don't hold a grudge. look, i want to get things done. i still think there is a possibility of getting build back better done. reporter: this is what the president faces. 55% of registered voters say 20012001 has been a bad year for their family. only 30 one% say it's a good year. that is a very personal poll which could reflect vote against democrats in some areas. if you gone out street, ask 10 people, seven of them will say 2021 is a bad year for the country. it gets at the heart of small business owners, feelings about president biden, saying he is out of touch. listen. >> i really he doesn't think better that 6% of america is sml business. we're the number one employer in the united states. it is not amazon, per capita for

with edward lawrence. port board two-day meeting wrapped up. the federal reserve is keeping the fed funds rate inchanged. as expected the fed is increasing 20 billion tore treasurys and 20 billion for mortgage-backed securities. they are buying a 60 billion a month for mortgage-backed securities. this ends accommodation by mid-march three month ahead of the pace if they stay at this place. the federal reserve is projecting three rate increases next year if you look at the.plot and go up by 25 basis points and move and at least three rate hikes in 2023. one more rate hike in 2024. the federal reserve raising their inflation outlook to 5.3% at the end of this year on pce inflation. falling back to 2.6% next year. core pce they look at 4.4% this year, with core falling back to 2.7 next year. for gdp the federal reserve sees growth falling again downgrading projection to 5.5% gdp bring the end of this year. the fed seeing increasing unemployment rate increasing this month, ending the year at.%. then boeing back down to a record low of 3.5% by end o

with edward lawrence. port board two-day meeting wrapped up.backed securities. they are buying a 60 billion a month for mortgage-backed securities. this ends accommodation by mid-march three month ahead of the pace if they stay at this place. the federal reserve is projecting three rate increases next year if you look at the.plot and go up by 25 basis points and move and at least

edward lawrence thank you. nclog their ports. susan what are they doing? susan: pop-up container yards to unload the cargo faster. these are four inland pop-up ports 100-miles away from the north carolina border. they have been effective bringing down number of days waiting nine instead of 12 to clear some of that cargo. port congestion has been a port as edward was talking about. also why goods have been delayed and prices are spiking especially for transport costs. lauren: all sorts of prices are spiking including the ceo of fat brands. he is warning consumers of this very problem but is this increase temporary or should we be worried? susan: no, unfortunately not. high prices for labor, high prices for rent, means you will pay more permanently for your fatburger in the future. government policy we know is hard to roll back especially with temporary spending and price hikes. that is exactly the same when it comes to restaurants as well. the fat brands ceo was on with maria. he told fox business he had to incre

colonies, the cities cultural classes, rub, shoulders ah, one of the most famous guests was thomas edward lawrence, best known as lawrence of arabia and astute observer, brilliant writer, an avid teller of tales. lou 1923 and especially died little. she tied on her spirit through his work and faith, bringing people together and creating places of refuge for her biggest concern. went to the cities, disadvantage children. in 1925. she opened an orphanage law . the orphanage would later become respected children's center, a charitable institution that still occupies the original location in the old city . the foundation provides health, social, and educational support to palestinian children and families in east jerusalem. the seats of the charity were planted on christmas eve in 1925. when beth spafford, vesta encountered a bedouin, his sick wife and their baby hospitals were closed and the family had no place to stay. ah, as vacillation rose in him and was he before me stood a rustic madonna and bab and metaphorically speaking, no room for then in the in beth arranged for the family to receive medi

colony, the cities cultural classes rub, shoulders ah, one of the most famous guests was thomas edward lawrence, best known as lawrence of arabia and astute observer. brilliant writer, an avid teller of tales blue, $923.00 and especially died. lulu has all she carried on her spirit through her work and faith, bringing people together in creating places of refuge for her biggest concern. went to the cities disadvantage children. in 1925, she opened an orphanage was the orphanage would later become spafford children's center, a charitable institution that still occupies the original location in the old city . the foundation provides health, social, and educational support to palestinian children and families in east jerusalem. the seats of the charity were planted on christmas eve in 1925. when beth spafford, vesta encountered a bedouin, his sick wife, and their baby hospitals were closed. and the family had no place to stay. ah, as beth eliza rose in her memoirs, he before me stood a rustic madonna and bab. and metaphorically speaking, no room to then in even better arrange for the family to rec

edward lawrence has more on the job's report, edward. president biden playing back down the numbers instead of focusing on how many jobs have been added on the economy since president. with hourly average wages up he largely ignored the fact that inflation is rising faster than wages. >> but that's not just jobs that are up, wages are up especially for hard-working americans often ignored in the past. ed: highest ranking republican in the house is calling out this administration for its policies. >> i know the job's report came out and i'm sure the white house will spin it one way but there were supposed to be 550,000 jobs, much less than that. ed: gains in manufacturing, construction and leisure and hospitality, mining lost 1600 jobs but to representative kevin mccarthy, retail losing going to shopping season. one more, take a look at the trends of jobs with economy reopening, this should be a rising column. instead the jobs being added back to the economy, kind of like a rocky road going forward. again, the white house, though, trying

edward lawrence following all of that in washington, edward? neil, senator elizabeth warren testing positive for covid but putting pressure on those corporations. she believes inflation is caused by corporate greed. she sent a letter to the grocery store publix, referencing in that letter the profits that albertsons, crossing hears made as inflation is rising. in that letter she says i'm writing to request information on what steps our companies that what steps your company is taking to protect consumers and not making sure your profits are over the needs of consumers amidst the an unprecedented global crisis. last month she went after big oil and gas companies with the same kind of accusation. she reiterated those in a hearing this month. white house press secretary says corporate greed is lifting inflation. president is trying to lift sagging poll numbers. only 31% say it has been a good year, that is a very personal poll, which could reflect a vote against incumbents in some areas. now if you go out on the street you ask 10 people, seven of

our own edward lawrence is at the white house with the very latest. hi, edward.orter: david, what we're hearing from the president and administration officials is very different from what every day people are seeing on the shelves and feeling in their wallets. now senior administration official tells me last month the reason people did not take jobs is because of their concern over curve individual and the variants. now, those officials say, it was not the announcement of the roll out of the vaccine mandate which actually took place on november 4th. now the economy added back 210,000 jobs in november they missed. this is what we're hearing. >> but that is not just jobs that are up. wages are up, especially for hard-working americans often ignored in the past for past recoveries. reporter: this is what we're seeing jobs being added back to the economy, not upper line. it's a bit choppy the jobs were created at peak at the top of july, over a million jobs, 210,000 jobs in november. wage growth 4.8% but cpi inflation at 6.2%. the things we buy are inflating over all

we will get the very latest right now from edward lawrence who is there. edward.orter: neil, yeah the president saying, or he is saying that the ports are starting to unclog but the data is showing that yes, containers are moving a little bit faster but we still have a space issue. the ceo of the harvard trucking association, matt shrap, the focus is getting full containers off-loaded quickly. in fact $8 million of the 17 billion in the bipartisan infrastructure bill will buy land for five sites inland to move containers away from the port of savannah by train clearing space but that will be up and running in about 90 days, well into 2022. the issue according to shrap is empty containers coming back now. >> as we head into christmas here obviously there is a mad rush to get those boxes unloaded, to get them out the door, out the gates, out to warehouses and retailers but again, everyone of those loaded containers eventually becomes empty and so it will just create the same exact problem again where there is just no space. reporter: he says chartered ships from cos

edward lawrence live at the white house. >> the president is saying the patient to americans, a flashfeel comfortable about going back to work. the price of a used car is up 31.4% year-over-year. still president biden saying that wages are up in the economy is strong. >> it's a real bump in the road. it does affect families. when you walk in a grocery store and you're paying more for whatever you're purchasing. it matters. it matters to people. when you're paying more for gas. >> the only issue is that wages are up 4.8%. inflation is up 6.8%. reasons are falling short. republicans believe this president's for that. >> this administration is failing across the board. they are failing in our immigration policy in securing our border and ensuring our sovereignty. they are failing when it comes to the basic checkbook issues for american families and they are failing on the international stage. >> look at what we are seeing in grocery stores. cereal and baked products. meat, chicken, fish, acceptable .8%. fruits and vegetables up 4%. if you wanted to take a meal out, that's up 6% if you're

edward lawrence live with this. unds like a glum report before christmas. >> yeah, polster's know this. the while house knows the numbers are dipping. that's why we just heard about the president talking about vaccine mandates. he says he knows they're up popular but he tried to justify them. the speech was heavy on test. people have had issues with the long lines and getting tested and that plays in to the president's opinion or poll rating. the increase to hospitals, the cases surge, he's mobilizing 1,000 doctors and paramedics to work in hospitals. the president says he's administration will be setting up new testing sites. in addition, the government is buying 500 million at-home tests and will distribute to anyone that wants them starting in january. finally he will have pop-up vaccination clinics to boost the vaccines. the said there's dire warnings for the unvaccinated. >> to all of the people that are unvaccinated, you have an obligation to yourselves, your families and quite frankly and to your country. get

i'm edward lawrence in for elizabeth macdonald. "the evening edit" starts right now. ward: 2022 political money race. beefing up each party ahead of midterm elections. connell mcshane investigating the money for us, joining us live this christmas eve eve. connell? reporter: good to see you, edward. political experts when you talk to them about this kind of thing they will tell you the midterms next year will not be decided solely based on who has the most money. both parties have a lot of it, but the party that wins the fund-raising battle may very well be the one that controls congress, if you think about it, that is where the enthusiasm is. that is where the momentum is. that party seems to be the republicans. look at numbers. $10.7 million raised versus 9.12 million for the democrats last month. >> will use this money to win and we'll win in 2022 and win in 2024. we used this money to have a ground game. when you look at the candidates come out become our republican nominees, they need a ground game, gotv, get get-out-the-vote effort. reporter: democrats have plenty

edward lawrence now with more from the white house. edward.olesale number you talked about, neil, passes on to the customer there. we could see more inflation down the pipe. as you mentioned, the fomc, the group within the federal reserve started the two-day meeting to set monetary policy. this is the first meeting since the federal reserve chairman jerome powell retired the word transitory. here at the white house we start to see the blame game happen. the moment president biden reintroduced federal reserve chairman jerome powell for his renomination to that top spot. now in that speech from the president he said inflation is the fed's mandate, in that renomination speech. he also pointed out how the fed chairman maneuvered the economy toward full employment but listen to the president's words on inflation. >> jay's the right person to see us through and finish that effort while also addressing the threat of inflation. reporter: so he addresses the inflation. now the white house press secretary saying they know inflation is a strain on workin

edward lawrence has more from the white house. reporter: we're just getting used to the clog we currently have. it will be very busy, next 30 minutes or so the president will speak how he plans to fix the supply chain, continuing to fix the supply chain issues around the country. his address was abruptly canceled after speaking with various ceos on monday. this is the meeting from monday. he will remind americans that he brokerd a deal to get ports to go 24/7 but in many cases the trucks needed to haul shipping containers away from the ports are not there. the president believes everything america wants to buy will be on the shelves. the president is asking for infrastructure money to help. the republicans are out of patience. >> i said to a group the other day, when you pay people not to work you shouldn't be surprised you can't find workers. when you spend like crazy you shouldn't be surprised when you get a 31-year high inflation rate. that is where we're at. reporter: the administration is telling me requiring all travelers wi

i'm edward lawrence in for neil cavuto. shopping for christmas is up 19% from last year that could mean consumers don't want to be the grinch this year by not giving presents the readout from a guru, what does this mean, 19%, the saturday before christmas what does that mean for retailers going into this season? >> we're certainly seeing retailers benefit from this, and especially the small businesses, so according to the data catalyst institute 79% of small businesses have an offline presence, so this is a brick and mortar presence, while they are still selling online, they are expecting people to walk into their stores and buy last minute. so i'm sure people are out there right now going and shopping, you know, literally in the 11th hour, brick and mortar stores are certainly getting the store traffic. in addition, these sort of offmarket venues that these retailers are taking advantage of, like the street markets and the street fairs, 57% of small businesses have presence there, meaning a brick and mortar presence. >> ar

edward lawrence has more. reporter: brian, the first case of the omicron variant in california.oming from south africa back to california on november 22nd. on november 29th, they felt poorly. got tested. total positive. close contact tracing no unelse in the person's circle tested positive. all negative tests there. dr. anthony fauci in the press briefing today hopes the travel ban from eight african countries can be lifted soon now that the first case is in the u.s. then adds bass booster shots cod being become part of the mandate. >> that could change. could change. >> are you recommending change? >> we'll see what rolls out now. if i say it is going to change it will spread out that is it. we don't know whether it would change but it might. reporter: federal judge in louisiana blocked the vaccine mandate for health care workers saying the president does not have the authority to go around congress. the mandate in other sectors has also been challenged in court. republicans calling the president out over these mandates. >> those workers shut down. a third of our workforce is n

let's get to edward lawrence live at the white house on whether there's a chance for the bill to find a pulse, edward? reporter: yeah, liz as i heard a famous reporter once say long ago, it's slim to none and slim just left town. the social spending package there's no way to finish it or get it passed this year because two democratic senators have tested positive now for covid. they can't go to the senate floor to vote anyway. the white house here saying that the president is committed and remains committed as ever to a spending plan but privately, we're looking at ways of getting parts of it passed next year. the press secretary jen psaki says this of senator joe manchin we will continue to press him to see if he will reverse his position yet again, to honor his prior commitment and be true to his word. now republicans are saying that they knew once they got rid of the true infrastructure out of the package, once the bipartisan infrastructure bill was separated, the larger spending package would not go forward. listen to this. >> really riddled with a lot of unnecessary spending, and

neil: edward lawrence, thank you very much. with still more signs things there are getting a tad, maybe even a lot more, well difficult to follow. bill, what is the latest? reporter: neil, good afternoon to you. it was a very busy weekend and a also a deadly weaken down here at the border. the big story a crash involving a human smuggler that took the lives of an american mother an daughter. we'll get to the video. look at this. this was saturday afternoon in the rio grande valley, mission, texas, the flight drone team flown over the after math of this crash. law enforcement were pursuing a human smuggler who had vehicle loaded with illegal immigrants. he went through a stop sign and t-bone ad vehicle, with a innocent texas mother an daughter. they passed away, they were 59 and 22. tote soes from the scene of the crash, shows how violent with impact. one of the migrants launched through the windshield of smuggler's vehicle. that migrant was okay. the only fatalities were the mother and daughter. the smuggler is in the hospital

now a 10 year note at about 1.37 % couple of weeks ago this thing was around 1.65% let's go to edward lawrence at the white house, on how they're digesting that number and a number that has something for everyone to sort of fidget over. reporter: to chew on, this was a big miss as you saw on-the-jobs report however there's some good news, the 4.2% on the unemployment rate is the lowest we have seen since february of 2020. that's when it was after record 3.5% on the unemployment rate so some good, some bad but the reason the unemployment rate fell while the economy only added back 210,000 jobs is because the number of people who have got jobs was about double those that actually reentered the workforce, so the net was a smaller amount of unemployed and within the report the average hourly wages increased 4.8%. that is still less than inflation. something the president convoluted when he talked about this report. listen. >> tax cuts and raising wages for middle class families mean that americans on average have more in their pockets today than they did each month since we've been in office, than

. >> let's go to edward lawrence, fox. >> thanks for taking the question. i was looking at the census data for estimated monthly changes on sales and what you see are fewer people spending at restaurants, more people spending it first restores, electronic sales down, department stores down. i'm concerned or what is your level of concerned the consumer may be pulling away from this economy because of inflation, the virus, or something else? >> we see consumer expenses very strongly in this quarter. consumer demand is very strong, incomes are very strong, because people are going back to work and getting wage increases. admittedly some of the wage increases are getting eaten by inflation, incomes are coming up significantly, and spending as been strong. there may be something in the seasonality, this year's holiday spending may have been pulled forward and there are effects from delta and going forward omicron. fundamentally the consumer is really healthy. >> let's go to mike, bloomberg. >> mr. chairman, the median forecast for inflation in this meeting's eco

to edward lawrence whose on all of the news at the white house as a diplomatic boycott of the beijing winter olympics is also in play. edward? reporter: understand reportedly the treasury department is working on those sanctions and looking at the energy sector as well as the banking sector in russia, to possibly be sanctioned if there's some movement related to ukraine. now, back on what president biden was doing today. his social spending plan, that's what he's been pushing, specifically saying that if you spend more can bring inflation down, his theory from the white house is if you spend a little bit more, you can lower the cost of living; however, other economists will say wait a minute if you spend more government already spent more and all of the spending has led to a 31 year high in inflation. now the speech today specifically focused on prescription medicine. >> even if you think this doesn't affect you, it does everyone has less money in their pockets because high drug costs make health insurance more expensive for everyone. reporter: now he told them, he told a group of peo

. >> okay let's go go to edward lawrence at fox. reporter: thanks, michelle and thanks for taking the question, chair powell. so i was looking at the census data estimate and monthly changes on sales and what you're seeing is fewer people spending at restaurants and more people spending at grocery stores, you see electronic sales down 4.6% month over month also department store sales down 5.4% month over month. how concerned or what is your level of concern the consumer maybe turning away from this economy or pulling back because of inflation, the virus or something else? thank you. >> we see consumer expenses very strong in this quarter. i don't know, edward, whether you're talking about more shopping online versus shopping in the store, but consumer demand is very strong. incomes are very strong, because people are going back to work and getting wage increases, admittedly some of the wage increases have been eaten away by inflation but nonetheless incomes overall are going up really significantly because of increased employment an

edward lawrence is live from the white house with this. >> you know what?'ll reinforce those vaccine mandate penalties on january 10th now that the court of appeals has reinstated the mandate. the fight is not over. the three christian ministries have taken it to the u.s. supreme court. at issue is the emergency temporary standard that president joe biden has asked osha to put in place. that standard requires all businesses to have -- with 100 or more employees to have workers vaccinated or the unvaccinated get weekly tests and expected to affect 80 million workers. the department of labor spokesman says this. osha can now once again implement this vital workplace health standard which will protect the health of workers by mitigating the spread of the unprecedented virus in the workplace. the spokesperson goes on to say january 10th will be the vaccine penalties if there is any issue there. osha will then on february 9th enforce any testing penalties that need to go into place. now, there is a grim sort of message change here at the white house for people w

edward lawrence is at the white house with the details. edward? reporter: david, osha is now saying they will start enforcing the penalties for the vaccine portion of the mandate on january 10th. osha going on to say they will enforce the testing part of the mandate on february 9th, to give businesses some chance to respond. now the supreme court, this is then taken to the u.s. supreme court. the supreme court within the last ten minutes or so is now asking the biden administration for a response to the challenge that they have received that response has to be into the supreme court by december 30th and end of business day. now osha spokesperson tells us this about the mandate. osha can once again implement the vital work standard health standard, can mitigate the spread of the unprecedented virus in the work place. both amtrak and boeing had vaccine mandates in place. they have since removed those vaccine mandates because they had trouble finding workers moving forward doing scheduling and maintenance they're trying to do. the executive director

edward lawrence of the white house, buddy gerri willis is following the expectations to deal with inflation right but the way they flow through the consumer might not be what you expect. if you're unhappy with higher prices meet to cars, just wait. more increases are on the way and you can think the federal reserve. >> in 2022, the reason is because the economy is getting better but to borrowers in particular, it's going to be another form of inflation seeing higher interest rates costs on your existing debts as well as any new borrowing. >> the impacts are different across different products. the price of charging it will rise but not immediately. typically it takes 30 to 45 days, roughly the length of a billing cycle. credit card rates reflect hikes by the federal reserve. if the fed stays true to what is said wednesday, 16% average credit card rate could be 16.75% by the end of the year. an option is 0% offering according to mcbride but when it comes to mortgages, the impacts are different. rates run ahead of the fed. if the market is expecting higher rates and market rates tend to move

edward lawrence with us on that because, edward, as you know this president ruled out any troop involvementhey're is debate back and forth whether we resort back to just sanctions. what are you hearing? reporter: exactly. that's where we are, the president trying to get a coalition ever folks in europe to stand against russia relatedded to this. this phone call, happen between president biden and president of ukraine, zelensky has started, we assume it should have started three or four minutes ago. generally with these calls he is on time with this we do expect it to happen. however on this call the former secretary for veterans affairs, robert wilkie under the trump administration, he says this call is extremely important. he says one, because the president, first day in office got rid of the keystone pipeline. he gave the green light for the russians to finish theirs in germany. then the president, president biden turned around to ask russians for more oil. all of this a show of weakness according to wilkie. the president says this call again is very important. listen to this. >> i would

edward lawrence at the white house, edward, straighten it out for us.ness? reporter: osha says they will start the penalties for the vaccine mandate on january 10th. sixth circuit court of appeals ask not over. three christian ministries asked the supreme court to take on the debate. emergency temporary standard that president joe biden asked osha to impose. it requires that all businesses with 100 or more employees have workers vaccinated or unvaccinated will be weekly tested. it is expected to affect 80 million workers. department of labor spokesperson saying osha can once again implement the vital work place health standard which will protect the health of workers by mitigating the spread of the unprecedented virus in the work place. january 10th is when the vaccine penalties will go into effect. osha saying for the testing portion of it, the testing penalties will go into effect on february 9th. a little bit of time there the messaging out of the white house has turned grim somewhat for those people who are not vaccinated. for the vaccinated the whi

let's go to edward lawrence at fox. >> thanks, michelle, and thanks for taking the question, chair powell so i was looking at census data for estimate monthly changes on sales. and what you're seeing is fewer people spending at restaurants and drinking places, more people spending at grocery stores you see electronic sales down 4.6% month over month. also department store sales 5% down month over month. what is your level of concern the consumer may be turning away from this economy or pulling back because of inflation, the virus or something else? thank you. >> we see consumer expenses very strong in this quarter i don't know whether you're talking about more shopping online versus shopping in the store. but consumer demand is very strong incomes are very strong because people are going back to work and they're getting wage increases admittedly some of the wage increases are being eaten away by inflation. but nonetheless incomes overall are going up because of increased employment and spending has been strong there may be something in the seasonality that this year's holiday spending may

said keeping track of what the president might be recommending right now, just in case, i guess edward lawrenceme sweeping actions, even if they don't warrant it, right? reporter: yeah, neil exactly and minutes ago the president landed at nih, national institutes of health and will take a tour and deliver some remarks within this hour, about his plan going forward. now, the president's plan basically breaks down to three main categories, it's testing, outreach, and travel restriction s. on the testing portion of it, the president will announce that private companies will be forced to pay for home covid tests or reimburse for those tests starting in mid-january. he plans to make sure community sites as well as rural clinics have free tests, the white house also encouraging pharmacies to send millions more robo calls, texts e-mails pushing vaccinations and boosters. i asked about this , listen. >> well look, what our objective is here is to make sure people know where to get a vaccine and a booster and a lot of people are still confused about that and access, we know, is a huge barrier so i'm sor

edward lawrence is with us. the main point here is all about testing. is that it, edward? make later on this afternoon. it is all about testing. the president, we've seen a lot of these long lines, it is hard to get some testing this is exactly what the president will lay out. a number of things, including the testing but main one is testing. he plans on increasing support for hospitals should there be a surge for cases, with a thousand, military doctors, nurses, paramedics to work in hospitals. administration will set up new testing sites. the federal government is buying half a million at home tests will distribute to americans that want them starting in january. finally he will add pop up vaccination clinics to push the vaccine and boosters. the white house says this will be enough. there will not be a need for any lockdowns. >> the reason we're not going back to a shutdown is because we are now at a very different place we were in a year ago. i was just important for people to hear the president talk about this tomorrow. 200 million americans are vaccinated now. that i

edward lawrence is at the white house what is the latest, and what we're about to hear from the presidentses, testing outreach and travel restrictions. we saw the omicron variant has had impact on the markets yesterday. they erased all the gains we saw. but we're seeing bounceback today. a volatile session. on travel, all international travelers coming into the u.s. will have to show proof of a negative test within 24 hours of flying. also the mask mandates for air travel has been extended now through mid-march. leaders of eight african countries on the travel ban list upset about the reaction. initially dr. anthony fauci said the u.s. did not want to punish the countries for doing the right thing but listen. >> we didn't want to make sure all of sudden say, not like anything else, don't worry about it, but something unfolds in front of you that you're not prepared for. we look at this as a temporary measure. so i do hope this gets sorted out and lifted. reporter: talking about the travel bans. now republicans are highlighting the fact that the travel restrictions are for legal travel int

edward lawrence at the white house, all right, edward, president biden just released a statement on thenumber s they're saying this number looks backwards, this does not include the decreases in the increase of price and cost that they've seen over the last couple of weeks. still, a bad looking number right now. you can't deny it 6.8% is what c pi inflation is. the last time it was that high was june of 1982 when the movie e. t. was released, core inflation was at 4.9% over the past 12 months the highest level since june of 1991, now when you look at specifics, food items, for example, cereal and bakery products, meat, fish, poultry eggs up 12.8%, fruits and vegetables up 4%, going out to a restaurant full-service meals up 6%. the white house economic advise or brian dees trying to get in front of these numbers yesterday telling americans it does not really reflect the fact that gas prices have already started to come down. listen. >> i want to provide a little bit of context on that front as well. the first is that that data is, by definition, backward-looking so it won't capture some

edward lawrence. >> over the last week the unemployment, new unemployment claims. state new york down 7%. the new york governor was questioned about her mandate, as well as the economy, this is what she said about that. >> vaccine option, maximum flexibility, go to a gym when i can. i wear my mask. we are happy to have a chance to have a facility, did not have to close. a year and a half ago they were shutdown. that hurt them economically. not the place i want to go ever again. >> the pandemic hit new york and northern new jersey hard and early. and look at those mandates going into effect, the crime that happened, the taxes, there may be the reasons getting unemployment back. stuart: now this. joe biden became president biden, he offered the middle road, the middle ground. then went off the rails caving to socialist demands of aoc. senator joe manchin began issuing warnings wanting to limit biden's big spending plans, wanted a pause while we figure out what might happen if you through trillions of dollars around. in july he was warning about inflation. we've been

edward lawrence at the white house. what is our true financial situation?ds. if you listen to president joe biden and members of his administration we're making more so we can buy more. you would also hear from the administration that they have created millions of jobs so therefore we are all back. now the data shows a little bit different t shows that inflation is outpacing wage growth. so we have more money but we can buy less because the cost of everything is even more expensive. still, these are the words we hear. listen to this. >> all told, in the first 10 full months of my administration the economy has created six million jobs, a record for a new president. this is a significant improvement from when i took office in scrap. a sign that we're on the right track. reporter: but millions of jobs have been added back, not created. that is still 3.9 million jobs short from the level of february of 2020 which was the product of former president donald trump's policies. now republicans saying president biden did this to himself and words will not get him ou

i'm edward lawrence in for neil

cities cultural classes rub, shoulders ah, one of the most famous guests was thomas edward laurence, best known as lawrence of arabia and astute observer, brilliant writer, an ever tele of tales. blue 1923 and especially died. oh, good. at all. she carried on her spirit through his work and faith, bringing people together and creating places of refuge for her biggest concern. went to the cities disadvantage children. in 1925, she opened an orphanage more yoga. the orphanage would later become spafford children's center, a charitable institution that still occupies the original location in the old city, where the foundation provides health, social, and educational support to palestinian children and families in east jerusalem. the seats of the char she would planted on christmas eve in 1925. when beth spafford, vesta encountered a bedouin, his sick wife and their baby hospitals were closed and the family had no place to stay. ah, as beth alicia rose in her memoirs, he before me stood a rustic madonna and bab and metaphorically speaking, no room for then in even better arrange for the family to receive medic

cities cultural classes, rub, shoulders ah, one of the most famous guests was thomas edward laurence, best known as lawrence of arabia and astute observer. brilliant writer, an avid teller of tales blue, $923.00 and especially died of a jewel. she carried on her spirit through her work and faith, bringing people together in creating places of refuge for her biggest concern. went to the cities disadvantage children. in 1925, she opened an orphanage was the orphanage would later become at the spot for children's center, a charitable institution that still occupies the original location in the old city . the foundation provides health, social, and educational support to palestinian children and families in east jerusalem. the seats of the charity were planted on christmas eve in 1925. when beth spafford, vesta encountered a bedouin, his sick wife, and their baby hospitals were closed. and the family had no place to stay. ah, as beth alicia rose in her memoirs, he before me stood a rustic madonna and bab. and metaphorically speaking, no room to then in even better arrange for the family to receive medical atten

cities cultural classes, rub, shoulders ah, one of the most famous guests was thomas edward laurence, best known as lawrence of arabia and astute observer, brilliant writer, an avid teller of tales blue, 923 and especially died through visual she carried on her spirit through her work and faith, bringing people together in creating places of refuge for her biggest concern. went to the cities disadvantage children. in 1925, she opened an orphanage was the orphanage would later become at the spot for children's center, a charitable institution that still occupies the original location in the old city . the foundation provides health, social, and educational support to palestinian children and families in east jerusalem the seats of the china. she were planted on christmas eve in 1925. when beth spafford, vesta encountered a bedouin, his sick wife, and their baby hospitals were closed. and the family had no place to stay. ah, as beth alicia rose in him was he before me stood a rustic madonna and bab. and metaphorically speaking, no room for then in even better arrange for the family to receive medical attentio