jackie deangeles in for elizabeth macdonald. "the evening edit" starts right now. jackie: good evening and welcome, everybody. take a look at money and stocks surging today on wall street following a better than expected inflation report. was that the only thing moving the market? probably likely not. the consumer price index rising 7.7% in october from a year earlier as americans are struggling to make ends meet at home. jerry willis in new york about the details of the report. jerry. >> jackie, wall street having a party today over lower than expected inflation numbers and main street isn't celebrating. october's consumer price index showing inflation at 7.7% year over year. that's down from september's 8.2% and below wall street expectations. food categori categories contine higher. take for example eggs, up 43% year over year and hope you weren't staying awake with a cup of joe and coffee up 14%. energy lifting off and a bleak winter for north easterners and gas higher by 17.5%. all of this might be easier to take if wages were moving at the same pace as inflat

i'm elizabeth macdonald. "the evening edit" starts right now. ♪. elizabeth: welcome to the show.heck your money. stocks ending down today. the nasdaq finishing over 170 points lower. now look at target. it dropped double-digits. earnings from target missing by a mile. more later on in the show about target warning that retail theft is hitting its profits hard. we got lowe's and tj maxx, better-than-expected earnings for the third quarter. grady trimble in west palm beach, with more. he is live with more on trump's announcement last night about his 2024 run. grady, good to see you. reporter: hi, liz. president trump, former president trump took aim at president biden last night blaming biden and his policies for inflation and high energy costs while touting his own administration's economic accomplishments. >> instead of jobs and factories leaving america for china they were for the first time ever leaving china for america. businesses were pouring back because of our historic tax and regulation cuts the biggest in both categories. reporter: not everyone in the republican party is

i'm jackie deangelis in for elizabeth macdonald. "the evening edit" starts right now. jackie: good evening, welcome everybody. we take a look at your money. dow dropping near 500 points amid growing supply chain concerns and renewed concerns over the nation's energy supply as the biden administration opens the door for chevron to produce and export oil from venezuela. edward lawrence with the latest for us. reporter: jackie, u.s. oil industry representatives that the u.s. gets nothing out of this deal but because nicolas maduro's representatives sat down to talk about elections with no guaranties, the u.s. lifted sanctions for chevron to pump oil in velf that oil, whatr product is drilled, has to come to the united states. reporter: the treasury department says this is a limited license, that only allows oil to bypass sanctions. critics say the president should look at texas, oklahoma, south dakota, not venezuela or owe puck plus for more oil. >> this whole approach towards energy makes absolutely no sense. why are we hearing from these people that are very much anti-f

i'm elizabeth macdonald. "the evening edit" starts right now. ♪. elizabeth: thanks for joining us.ook at your money. stocks ending up today. wall street is liking the fact that another inflation read. this is the wholesale prices, producer prices jumped less than expected. still sticking high at 8%. walmart reporting blowout results, beating across the board, boosting its sales forecasts. retail spending still coming in strong. we have more on russia denying that its stray missiles killed two in poland, a nato member. it is happening near the border in ukraine after a massive bombardment earlier today. edward lawrence live at the g20 in indonesia with more. good to see you, edward. reporter: yeah, good morning from tomorrow actual, liz. yeah the president joe biden got off the phone just about an hour ago with the polish president. he offered condolences for those two who were killed. he offered u.s. assistance in the investigation. now all levels of the u.s. government are trying to figure out exactly one, if these are russian missiles, if they came from russia and it was a delibe

that is true, jackie deangelis and for elizabeth macdonald.the evening edit" starts right now. ♪ >> good evening and welcome everybody we take a look at your money to see how we called closed on wall street for the week. stocks ended up s&p 500 posting the best week since june. president biden kicking off the start of the major international trip pledging hundreds of millions of dollars in climate cash handouts during a brief stop in egypt. now in cambodia before heading to bali for the g20 summit. peter doocy is live in cambodia with the latest. >> jackie, good saturday mor morning. even though many democrats kept president biden at arms length during the recent midterm cycle he is abroad saying he thinks the results of the midterms go to show that he doesn't need to do anything differently. >> a good climate policy is good economic policy. >> now on the world stage he is admitting the so-called inflation reduction act has less to do with inflation than it does to do with climate change. >> the biggest most in important climate bill in our co

i'm elizabeth macdonald. "the evening edit" starts right now. ♪ elizabeth: okay. check your money.begin with stocks down ahead of a potential interest rate hike of 75 basis points by the federal reserve tomorrow. this as federal reserve regional banks report all u.s. regional manufacturing sectors now in contraction in a downturn. the president campaigned in florida today for democrats. edward lawrence at the white house with more. edward? reporter: president joe biden wanting to talk about anything but the economy. the president in florida today and he is making the case, accusing republicans of supporting a plan from senator rick scott which could put social security funding up for a vote every five years. still the vast majority of republicans did not sign on to this plan. still the president needs a distraction from rising inflation and slowing economy. president biden: we face the most difficult challenges in our history both home and abroad. we're making real progress. just have to keep going while protecting what generations before us did and to make sure we're the nation we

i'm jackie deangelis, in for elizabeth macdonald. "the evening edit" starts right now.olt. ♪ jackie: we begin by taking a look at your money. stocks ending mostly down. the s&p 500 falling for a third straight day. the dow managing to eke out a three point gain at the close. the white house treading carefully about china's covid protests. the biden administration say the people have a right to peacefully protest restrictions but stopped calling for widespread calls for xi to resign. jacqui heinrich with the latest details. reporter: they are expressing report for the chinese protesters not going to far to echo their calls for regime change. >> what is the president's reaction when he hears protesters in china chant freedom or xi xinping step down? >> the president will not speak for protesters around the world. they're speaking for themselves. >> so there is no reaction? >> these protesters are speaking for themselves. >> reporter: critics is say that is far shot of unequivocal warning about consequences of any crackdown. the chinese foreign ministry, the price of freed

i'm jackie deangelis in for elizabeth macdonald. "the evening edit" begins right now. ♪.kie: good evening. welcome, everybody. wee begin with taking a look at your money. stocks ending sharply higher as you can see today after fed chairman powell says the pace of interest rate hikes could showdown in december. so market watchers like that. the dow finished up 737 points. meantime the house democratic caucus elected new york congressman hakim jeffries to succeed nancy pelosi as leader of the democrats in the chamber next year. china's surveillance state ramping up in the face of protests that is our big story tonight. police are using data from resident cell phones to track down those demanding an end to the communist nation zero covid lockdown. susan li is in new york with the latest. >> reporter: protests in china returning last night despite the government rolling back on some tougher restrictions. in china clashes between protesters and riot police in has met suits. they have lifted most of their lockdown measures. 43 protests taken place in 22 cities across china acco

i'm jackie deangelis in for elizabeth macdonald. "the evening edit" starts right now.ackie: welcome, everybody. rett's look at the dow today, dropping 650 point. nasdaq and s&p 500 as well. the market digesting the results of the midterms thinking that gridlock in washington would have been a good thing. it may not have exactly what it needs here. the votes are being tallied across the nation. control of congress still hangs in the balance. president biden speaking last hour claiming that the united states has missed the red wave and democrats had a strong night. edward lawrence live at the white house for us with the latest. hi, edward. reporter: hey, jackie. the president answered questions formally for the first time in 11 months on u.s. soil. the president said he would take questions from 10 reporters. he got through seven before walking off. president biden believes this election voice was a choice by voters that his economic agenda works. listen. president biden: now in terms of the growth but i think we can have what most economists call a soft landing. i'm con

i am jackie deangelis and for elizabeth macdonald, "the evening edit" start right now. >> good evening and welcome everybody. we began with their money stocks have a four-day losing streak in the nasdaq the worst week since january. the u.s. labor department announcing employers added 261,000 nonfarm jobs. more than expected but employers are raising some concerns about a persistent labor shortage. edward lawrence at the white house with us with more. >> jackie, this jobs report hotter than expected will keep the federal reserve on track for the aggressive rate hikes. the unemployment rate as you know up to 3.7%. still below with the federal reserve predicted a be at the end of this year. they believe they have room to move interest rates, here is a real pain and this report for americans. wages of 4.7% year-over-year while inflation is running at eight-point to percent in the same time. prices outpacing wages that's what you see the polling trending towards republicans. labor secretary is walking backward he told me two months ago that we might be in a recession now. >> we've been hea

. >> i am jackie deangelis emperor elizabeth macdonald.ening edit" on fox business. that does it for us. what a wonderful week. i really enjoyed this, thanks for watching. >> from the fox studio in new york city, this is "maria bartiromo wall street". >> happy weekend to all and happy veterans day, welcome to th

elizabeth macdonald. you want to "the evening edit" on fox business. that's going to do it for us, thank you and have a wonderful weekend. >> from the fox studios in new york city this is "maria bartiromo's wall street". >> welcome to the program that analyzes the week that was in helps positioning for the week ahead. i'm david asman and for maria bartiromo. midterm momentum, it is the final stretch for election day in polls show republicans gaining ground on democrats freedom to be asking former white house deputy chief of staff karl rove what he is expecting on tuesday the outcome of the midterms will have a major impact on the economy the markets and your money. matson money founder mark matson on the advice is given his clients right now, big names coming out for kathy hochul in her fight to remain governor in new york the polls show lee zeldin is closing and with his focus on inflation and crime. it's been 20 years since new york had a republican governor with george pataki, the former governor is here to tell us why new york will go read it again

. ♪ elizabeth macdonald. you want to "the evening edit" on fox business.you and have a wonderful weekend. >> from the fox studios in new york city this is "maria bartiromo's wall street"

. >> i am jackie deangelis emperor elizabeth macdonald. you want to "the evening edit" on fox business. that does it for us. what a wonderful week. i really enjoyed this, thanks for watching. >> from the fox studio in new york city, this is "maria bartiromo wall street". >> happy weekend to all and happy veterans day, welcome to the program that analyzes the week that was in helps position you for the week ahead. i am maria bartiromo. americans battling sky high inflation but the president says sit tight his policies are working, steve forbes and andy poster here with their take on that have republican control on the house could impact the biden agenda. a wild week on wall street, dan niles on where to put your money now. incredibly positive biden says elon musk's relationship with other countries should be scrutinized while he is laughing at republican plans to investigate his son hunter senator tom cotton is here. first inflation in the economy were the top issues at the polls this week, consumer prices climbing 7.7% year-over-year off o

i'm elizabeth macdonald. "the evening edit" starts right now. ♪. elizabeth: welcome to the show.et's start with your money. stocks ricocheting to the downside. the federal reserve raised interest rates again. federal reserve chair powell warned more rate hikes are likely coming until that 40-year high in inflation is contained. democrats led by senator elizabeth warren slammed the fed in a new letter. edward lawrence in washington with more. reporter: liz, what stood out to me in addition this being the fourth consecutive meeting of 75 basis points interest rate hike is the federal reserve chairman saying we're not close to ending the increases but he left open the door to a smaller rate hike. listen to this. >> i would also say it's premature to discuss pausing and it is not something we're thinking about that is really not a conversation to be had now. we have a ways to go. and last thing i will say, it is that, i would want people to understand our commitment to getting this done and not making a mistake of not doing enough or the mistake of withdrawing our strong policy and d

elizabeth: i'm elizabeth macdonald, you have been watching "the evening edit" thank you for joining us, join us tomorrow night, have a good evening. ♪ ♪ kennedy: it took a year and a half we got big breaking news right now of top. according to associated press republicans moments ago officially gained control of the house. yea. look at that, red wave. 2818 seats only took a week, in january g.o.p. back in charge of house of representatives. you hear that hunter? you get into this with newly reelected kentucky congressman, greenest man in all of dc but not green with envy, welcome back thomas massi e . >> thank you, kennedy, i am not disappointed about a slim majority. i think joe joe manchin and kyrsten sinema have done a great job with that slim majority. >> a majority is makety. >> they don't give out different size gavels and nancy pelosi loses her j jjob. i think they will regret the way they treated republicans, they have been treating us like terrorists, turnabout will be fun. kennedy: i remember talking to you all masking hypocrisy, and ethics bullying this democrats engaged in,

elizabeth: i am elizabeth macdonald you have been watching "the evening edit" on fox news, thank you so much for watching, have a good evening and join us again tomorrow ni night. ♪ ♪ ♪ ♪ kennedy: all right strap yourself in we have a huge news night, at any moment we could learn who controls house of representatives. and there are shocking developments in the war in ukraine, russia accused of launching missiles to poland. and nato signature. what happens now? world war tre ? we don't know. but first, all eyes on florida as we await a big announcement from former president trump, is tonight the night he will tell us whether or not he will run again for the house, if he doesn't, why is he holding a fancy events. we have say live look in mar-a-lago. 45 is to speak in two hours. crowd already gathering. very excited. here is the thing, trump announced tonight's speech before the midterms, back when republicans were expected to win in a big red tsunami, that did not happen, political landscape is now different, many republicans blame trump for g.o.p. disappointing election cycle, they di

. >> i am elizabeth macdonald, you have been watching the "evening edit," join us again tomorrow night . >> mid terms. we're now one week away from the election day. brand-new fox polls showing republicans widening the gap. but according to one liberal nuisance kerr -- news anchor, showing a big g.o.p. conspiracy theory, so now democrats are the ones screaming about fake news, according to fox ranking, republicans will likely win. projected to win -- less than 200 for democrats, control of senate remains unchanged. a lot of toss ups fox news predicting elephants could take control of 49 seats and donkeys 47, 4 races are still toss ups, nate silver's nonpartisan shows senate a 50/50 dead heat as it is now. all he uses it map and statistics racist. and msnbc joy sees something nefarious claims none of the polls showing republican gains are real, they are phony bologna, yum. g.o.p. according to joy, and pollsters are in cahoots to influence the election, watch. >> if you get past the headline and dig deeper, you uncover insidious intentional campaign by republican backed polling firms to

. >> i am jackie deangelis in for elizabeth macdonald. kennedy: now about 48 hours since polls starded to close, in m midterms, we still don't know who will be in control of the house or senate. because ballots in some states, still yet to be counted. at this m hour senate has 3 undecided races, nevada, arizona ask georgia, we could get arizona r results at any moment, keep yyour eyes glued here. democrats have 50 states and vice presidential tie breaking vote. house still leaning in favor of republicans, but the way it has gone, who knows, anything could happen. we know that polls got a lot wrong, there was no red wave, voters have much more nuanced opinions on issues like inflation, crime and abortion. and different things are important to different people. we know that people are sick of the gridlock, fighting and many wasting in dc, according to president biden, democrats should just continue with what they are doing it is amazing. >> sph 75% of voters say that country is in wrong direct, what will dow differently to change people a o

i'm elizabeth macdonald. "the evening edit" starts right now. elizabeth: welcome to the show.heck your money. stocks finishing down for the day, despite federal reserve officials saying that the fed may slow down interest rate hikes on positive signs about inflation but we've got another read tomorrow on inflation. this one is on producer prices. and the shocking collapse of the cryptocurrency exchange ftx. at least a billion dollars invested in client funds now reportedly missing. tampa bay quarterback tom brady his ex-wife gisele bundchen investors taking hits. amazon laying off 10,000 workers its worst layoff in its history. president biden and china's president xi xinping met today ahead of g20 meetings tomorrow. edward lawrence is live in bali, indonesia with the latest. edward, good to see you again. reporter: hey, liz, good morning from tomorrow, 13 hours ahead. it is morning time here in bali. the meeting between president xi and president biden overshadowed the entire g20. president biden said he had a very clear conversation with chinese president xi. going into this

i'm elizabeth macdonald. "the evening edit" starts right now. ♪. elizabeth: check your money.elcome to the show. we begin with stocks again down. trading was choppy today. the fed signals interest rate hikes will continue to rise to battle historic inflation. experts though say rate hikes will not fix supply shortages, driving inflation. the fed can't print diesel fuel, can't print groceries. supply chain goods and more. edward lawrence is at the white house. edward? reporter: well, liz, clearly the message from the federal reserve chairman is that inflation has not peaked yet. in fact he says that they thought they would see inflation coming back down as of now but inflation proving more difficult to get under control adding the fed will not stop raising rates until they see substantial progress in tackling inflation. >> if we were toe overtighten we would use our tools strongly to support the economy a as we don't get inflation under control because we don't tighten enough we're in a situation where inflation will become entrenched. reporter: he said elevated inflation start

i'm elizabeth macdonald. "the evening edit" starts right now. ♪. elizabeth: welcome to the show.begin with your money. stocks ending up in a broad cyclical bounce. good retail earnings lifting the investor mood down on wall street and this. four major railroad unions representing tens of thousands of conductors, engineers and rail workers, they're threatening a nationwide rail strike right in the middle of the holidays. it is not just about pay. it is about quality of life issues on the job and more. edward lawrence is the at white house with the latest. edward. reporter: well, liz, a large part of the u.s. economy could literally grind to a halt on december 5th. that is the first date that the first union that did not sign on to this tentative agreement could strike. the other three unions that did not sign on to the agreement, their first possible date is december 9th. there are negotiations ongoing but things seems a little stalled. >> the ball is back in the carrier hands, the ball is in their court. we go back into negotiations soon. the talks will begin. i have will be ther

i'm elizabeth macdonald. "the evening edit" starts right now. ♪. elizabeth: welcome to the show. thanksgiving. start with your money, look at that. stocks ending higher. federal reserve released minutes of the recent meeting indicating the fed will slow down interest rate hikes. the an estimated 55 million now on the move, traveling for thanksgiving to be with their loved ones. look at this, railroad unions say no progress whatsoever has been made in a potential rail strike that could bring the u.s. economy to a halt during the holidays. the rail unions are now warning congress may need to step in. let's move on to this story. welcome to the show congressman french hill from house financial services, ranking member of house budget, he is congressman jason smith. great to see you both. happy thanksgiving. >> happy thanksgiving, liz. >> happy thanksgiving, liz. elizabeth: good to see you. congressman hill, this disturbing case of corruption and greed. ftx unit, the crypto exchange that collapsed spent $300 million on luxury mansions in the bahamas. bankman-fried spent $19 million o

jackie: all right, i'm jackie deangelis, in for elizabeth macdonald, you are watching the evening e"evening edit" on fox news, have a wonderful evening. kennedy: the death of democracy 2022. it was no nod a rhett wave but more of a pink puddle. the electorate got bu burned in 2020. voters are smarter now. and voting against a party is not enough. they want substa substantive change. not a generic party shift, they did not endorse flawed candidates who were very ravaged by their own hypocrisy or blinded by self love, bobble heads like herschel walker and kari lake who give voters more ptsdthan confidence, you want to win races? run better candidates. there would be a lot of takers for a rare n nectar. a lot of voters loved trump's policies but not interested in 4 more years of a thin skin one termer who didn't endorse well this go around. some. the bloom came off the rose last night, a lot of voters turned up their noses at prospect of more division. at least we'll have divide government for a while, that is a good thing. our lame duck president will quack back to bed and the rest of us pati

jackie: i'm jackie deangelis in for elizabeth macdonald, you are watching "the evening edit" on fox business. that does it for us, thank you for watching, have a wonderful evening. ♪ ♪ kennedy: usa! we. we're getting into our big world cup win over iran. but first, u.s. is not iran, thank god. why is the biden administration trying to sensor americans? white house not too thrilled with twitter's new owner elon musk, who cares. go take a nap. big brother biden is used to colluding with social media giants to sensor americans and tech companies so americans can't see what white house deems to be misinformation. elon is trying to do opposite with twitter, by sticking to his free speech. the press secretary is warning. >> this is something we're keeping an eye on. and look, we -- you know, we have always been very clear and that when it comes to social media platforms, it is their responsibility to make sure that when it comes to misinformation, when it comes to hate we're seeing, that they take action, they continue to take action. again we're all keeping a close eye. kennedy: close eye? are th

. >> new yorkers are good at, that thank you bill stanton, i'm jackie deangelis in for elizabeth macdonald. you are watching "the evening edit" on fox business, thank you for watching, have a wonderful evening. ♪ ♪ kennedy: will he or won't he? our presidential raisin, 80-year-old president biden said he will run for reelection. we're all doomed. but he has yet to make a final decision because he keeps forgetting, anticipation is killing us law. after mid terms bind said he would take time to think about it and talk about it with his family over the holidays. >> my intention and i will run again. but i'm a great rep respect of fate this is a family decision, i think everyone wants me to run but we'll have discusses about it, i hope jill and i get time to actually sneak away for a week around between christmas and thanksgiving. my guess is this will be early next we're we make the judgment. kennedy: sneak away? that is is all you do is go on vocation, talking about a run, that is running for toilet. did he use holiday weekend to mull it over or was he stuffing himself like every other turke

i'm jackie deangelis in for elizabeth macdonald. "the evening edit" starts right now.ackie: good evening, welcome everybody. we're taking a look at your money. stocks ending the day higher, the dow rallying 400 points, green across the board. as all eyes are of course are on the pennsylvania and the tight race between john fetterman and dr. oz there, the senate race. former presidents barack obama and donald trump holding dueling rallies over the weaken, making a final push in the race many pollsters say could determine the control of senate. jeff flock in pennsylvania what voters value most heading to the polls. jeff. reporter: luzerne county, pennsylvania, used to be clearly democratic campaign territory. you see the democratic office behind me. the winds of change are boying through the county. look at registered voters. democrats lost 12,000. republicans gained 14,000. this was one of the counties around the country that is a pivot county. that is to say it voted for president obama twice and then pivoted to president trump in 2016. it also stayed pivoted, unlike a

. >> thank you for watching, i am elizabeth m m m mack -- macdonald, join us again tomorrow night. >> like a pimple on prom night, hillary clinton exploded back on the scene, just in time to help ruin midterm for democrat, i am guy benson in for kennedy, mrs. clinton is resurrecting her infamous deplorable attitude and broadens her smearing more, she is 0 for 2 in presidential elections. but she did win a new york senate seat, i guess she thinks that qualifies her to ito genes eles econo electorate. she borrowed a playbook of her own from 2016, telling voters they don't really fully understand what is happening. >> i think with all of the noise that we have got in this election season, i don't think that people are able to really grasp that, more importantly, i'm not sure they really understand the threats to their way of life. >> so much noise. the threats to their way of life. measured, sensible. but what arrogance. voters look like they are preparing to back republicans because they are unhappy with what happened to their way of life under total democratic control, comments like th