katie price i court. well, this was the i sentencing. katie price had court.ing without insurance. the judge said influence, and driving without insurance. thejudge said it influence, and driving without insurance. the judge said it was one of the worst driving records she had ever encountered. she described her as incredibly selfish, and said "you deserve to spend christmas behind bars", but said her hands had been tied by the previous decision in court and that she could only handed a suspended prison sentence katie price. suspended for 12 months. so providing there are no further offences, she will remain free. but there will also be 100 hours of community service and of course rehabilitation. she has orally spent time at the priory for problems with drink and drugs, and that is, we have heard nothing so far from drink and drugs, and that is, we have heard nothing so farfrom katie price. everyone is gathered outside the court here, expecting her to emerge at the next few minutes, but in the dock, she was impassive as the verdict, the sentence was read out t

and the sun reports on katie price. former model and businesswoman was spared jail after crashing her car while drunk and on drugs because she paid for a stint in rehab. so, let's begin. let's start with the guardian this time. warding to cut back on socialising as covid cases surged to record high. socialising as covid cases surged to record high-— record high. very, very clear message _ record high. very, very clear message today _ record high. very, very clear message today from - record high. very, very clear message today from chris i record high. very, very clear- message today from chris whitty, summa we have all gotten used to seeing for the last two years. really saying don't go out to christmas parties. reduce as much of your contact as possible. just think about who you really want to see over the christmas period and i think it's already happening. i know myself, i've been limiting kind of contact for the past few days. i got boosted yesterday. and really i'm just thinking about the two or three people i rea

the tv personality katie price has avoided a prison sentence after admitting drink—driving while disqualifiedterm at crawley magistrates�* court. the judge told the former model that she'd been incredibly selfish" and showed "no concern for the lives of others" when the crash happened. president biden has travelled to the state of kentucky to meet survivors of last week's powerful tornadoes. president biden — who was visiting the town of dawson springs, three—quarters of which has been destroyed — has announced that the us federal government will cover the entire cost of 30 days of clear—up in the state of kentucky. at least 74 people died in the state. the racing driver lewis hamilton has been knighted at windsor castle just days after controversially losing out on a record eighth formula 1 world title. sir lewis received the honour for services to motorsports from the prince of wales. this evening the sport's governing body — the fia — has announced an inquiry into sunday's race, saying the controversy around it is tarnishing the image of the championship. meanwhile, f1's new world champion

the tv personality katie price has avoided a prison sentence after admitting drink—driving while disqualifiedof others" when the crash happened. a man who murdered two women in kent more than 30 years ago and then, decades later, went on to sexually assault the bodies of more than 100 women and girls in hospital morturies has been told he will die injail. david fuller killed and then sexually assaulted 25—year—old wendy knell and 20—year—old caroline pierce in separate attacks in tunbridge wells in 1987. 30 years later, he was caught after a breakthrough in dna evidence. a search of his home revealed recordings of fuller attacking dead bodies over a period of more than ten years from 2008 at two hospitals in kent where he worked as an electrician. our health correspondent catherine burns has been speaking to a family whose loved ones were victims of the mortuary attacks, and her report contains distressing details. a mother who has experienced huge loss. she knows pain all too well. it is not good for parents, no one deserves it. nobody deserves it. now she and her remaining family face fresh

the tv personality katie price has avoided a prison sentence after admitting drink—driving while disqualifiedened. parents forced to give up their babies for adoption in the 1950s, �*60s and �*70s will be among those giving evidence to an inquiry which gets under way today. duncan kennedy reports. it is nearly 50 years since pat king was forced to give up her newborn baby. pat became pregnant aged 15 in 1973. she wasn�*t married and, almost immediately, a social worker arrived to confront her. i was the wicked girl and i had sinned and i needed to put this right and the way i could put this right was to help some family who really needed this baby. did she call you wicked? she did call me wicked, yes. it is thought around 400,000 unmarried women in england and wales were pressured to give up their babies for adoption in the 30 years after the second world war. even as they gave birth, some nurses treated them cruelly. you weren't allowed to scream, you were told to shut up and stop making a noise and stop being silly, it was your own fault. you have got yourself into this mess. in the deliver

katie huberty of jp morgan will be joining us this morning. increasing that pride target -- price target. we are taking out the highs for the year we could have a more material conversation behind just rates in america. tom: we are serious, two hands on the wheel, please. lisa, i want you to forward a two-year to a high further year into the auction dynamics we may see today. lisa: you really set me up with something that you love so dearly, i appreciate that. $54 billion auction of three-year notes today at 1:00 p.m. what's the conviction around rate hikes after the first two? we know people are bringing forward rate hike expectations, but what is the trajectory from their? that matters -- there? that matters as they hike into an economy that will be slowing. tom: this is also about e.m. with jerome powell, to latin america come to the pacific rim. jonathan: you have been all over it all year. think central bank rate hikes from around the world, brazil, turkey the exception as they are going the other way. but the slowdown that people expect next year, does that become more evide

you can have a few things to say as well, his katie this year to new know price announcements were extra exciting for me personally. because my lab at san jose state has collaborated with one of the winners. dr. r dan pedagogy at nobel prize can only be given to 2 to 3 scientists at most. however, that's not really how science has done these days. it's not the work of learning geniuses. instead, it's the work of teams of scientists around the world working together. i thought our demo nobel lecture did a great job of highlighting, not only the work of the chinese in his lab, but also the work of his collaborators from around the world. so what are they? what do we need to know about alfred? no bells will, but constricts what the nobel prize can developing to sir, to noble oh no. bells will actually instituted 5 prizes, not 60. and the prize in economics is a part of alfred nobel, as well as with medicine, physics, and chemistry, literature and piece. and are alfred and well, it's even more air conservative if you like, when it comes to her to who should get a price. it was actually to on

katie greifeld. what do you make of this price action?t is a holiday week, liquidity may be thinner, but as a markets reporter, what is your take? >> a lot to sort through. you did see joe manchin eventually -- effectively kill the bill, throwing a wrench into already shaping markets -- a markets. when you look at 470 stocks in the s&p 500 are down right now, talking to sources, that seems to be doing more with variant fears than fears that the bill may not pass. the forecast for u.s. economic growth being pared back given that build back better may not be passed. another wrench into the market that was already on edge heading into what was already a challenging setup into 2022. kailey: the cello is not limited to equities. oil is down about 4%. crypto is very correlated to risk appetite. what cross assets are you seeing, is any of the behavior peculiar? katie: if you look across assets, they seem to be telling the same story. oil to crypto, bitcoin taking another leg lower, down 30% from its record high in november. i want to point out j

course today's action 3.5% helped in some way by analysts at morgan stanley led by katie hubert who upped their price target to a street high $200 per share they cited optimism about their ar and vr type products in the future >> interesting just did a podcast about that this morning when it goes up, i'll let you know. thank you. we'll see you in a moment. yields are climbing with stocks today, but they've since, what do we say, pulled back a bit rick santelli can break things out for us what do you make of it, rick >> the short dated treasures like 2 year and 3 year haven't pulled back. the longer dated pulled back but they're coming back up in yield. we have to make sure we take a look at the 3 year note auction. you can see ha kelly is talking about. it's at a 45-degree angle over the two session, 68 basis points, up 5 a handful. let's go to the longest maturity, 30-year bond a different look yesterday it was up around 45-degree angle and today it's traded a higher yield than yesterday's, which means it's in guns hot mode for higher rates it's flattened out a bit you can see it on all per me yenta

the prices are higher because of corporate greed. >> sandra: okay. here to take that it on fox news contributor, katies start with the facts. these prices have sky rocketed. this is showing up in the polls. people are not happy and blame the white house for this. beef prices up 21%. pork and chicken prices are up. we are paying a lot more for this. is it the fault of the meat companies that our prices are going up? >> sandra, there are a lot of different components. we heard about the supply chain. inflation didn't just mean a 20% increase on beef. it's an increase in every part of the supply chain. the grain to feed the animals that is brought by trucks paying more for oil. every aspect increased in cost and it's passed on to the consumer because the companies can't afford not to raise their prices. for the biden administration they are more concerned about maintaining their narrative. even the agriculture secretary is arguing this is a matter of corporate greed. that's not the case. the biden administration can't admit that with jen psaki or president biden or the agculture secretary because that wo

price. >> jesse: belgium we believe. >> katie: tiktok user home cooked meals.sked for food. she posted a video on tiktok returning that evening surprise ago worker with a full meal. take a look. >> i told you i was coming back. >> thank you so much. >> you are welcome. >> you are the best. >> come back and tell me how good it is have a good night. >> >> thank you, darling. >> you are welcome. >> katie: that very grateful worker worked a 16 hour shift that day dagen so i'm sure he appreciated it. >> jesse: i don't know why you need home cooking at 7-eleven. >> dana: armadillos and ant eaters. >> jesse: same thing like netherlands and holland the same thing. >> dagen: i don't have time. 10 seconds left. >> dana: blame me. >> dagen: one more thing. >> jesse: february 1st, that's the day we are free from the pandemic. right, bret? >> greg: you got it. >> bret: exactly. i will wait for san diego, go ahead. all right. >> dagen: no. >> jesse: no, you go. >> bret: all right. we will see you guys. good evening. i'm bret baier. breaking tonight, president biden says amer

i don't know katie, i don't know how you spin the fact that gas prices are up a dollar from a year agos serious pain for the american family. what is with this touting of its $0.02 decrease by democrats? >> katie: sandra, i think this is a keep from weeping moment as the dccc insults americans about the real pain they are feeling at the pump. they're trying to find some kind of silver lining in the economy, of course numbers they were terrible. missing jobs by more than half, which is a failing grade. democrats in the white house have had this strategy for months that they are just going to continue to tell americans that nothing is wrong, while not engaged in some kind of pivot to change their policy. we saw this over that july 4th weekend when inflation was really starting to ramp up and they are it transitory. they're claiming that americans were going to save $0.16 on the on their fourth of july barbecue, fast-forward a couple of months and we just had a very expensive thanksgiving. the most expensive in history. and so, they have this strategy of telling americans that it is reall

maybe it will have a bit of consolidation the stock will be back when i saw katie over at morgan stanley, she took a $200 price target and that's the kind of thing that says, i'm right get onboard or else and we do have a couple of analysts who remain divided >> goldman >> when goldman gets really positive the greatest contrarian indicator. that could be a problem because you're in the home field part of the playoffs >> tony saks -- >> tony -- you what? my nana mary used to say if you can't say anything nice why bother >> these incredibly smart and i've got tell you, when i look at what you guys are doing and i saw your double duty work. the clubs have had a lot of people who have been really really right >> those were not easy days and we're not necessarily fully out of the woods, but the market is so -- >> i listen to your people because i like them since i was cool looking and i -- but i will tell you this, when push came to shove no one panicked in your team i had off that day that friday who says this is an interesting month. >> you know who did that right before i let you go was josh brown in the heart o

how does that ripple effect happen across everything with the dollar price? katie the u.s. against elsewhere in the world. we have also seen the inflation issue here in the u.s. and those have been tailwinds. we expect those to come to a boil next year. while it's difficult to try to guess short-term movements, i would say we expect stabilization of the dollar in 2022 and not at the percent we saw in 2021. tim: katie nixon, thank you so much for joining us on this tuesday afternoon. we talked a little bit about bitcoin and the move lower. bitcoin is lower by 7%. it could be close to that 200 day moving average. romaine: what does that look like on a logarithmic scale? kriti: when you talk about bitcoin, it's hard to put it into perspective of technicals and valuation. essentially what is normal is a 4% move, in any other asset that is really unheard of. romaine: you talk about how a lot of people were calling for the death of crypto toward the end of last year. bitcoin was around 26,000 at that time of the year. then when it came back down and hit that moving avera

robberies to continue on his watch because he could pay a price for it at the polls, as could governor gavin newsom. >> staying with you for a minute katie connecticut discussed the attorney has announced feeling looting charges for nine of the people who were arrested. but, there does seem to be some legal concern that those charges may not stick. cn you tell us why that is? >> this isreally interesting. he is allowed to charge these people with looting because california is currently under a state of emergency due to the covid-19 pandemic. normally, the looting charge related to a state of emergency might be something like a wild fire or earthquake or a riot, something like that. so, because he's using the pandemic emergency, which is going on two years, you might have a harder time making the connection between the actual state of emergency and the crimes that these people are alleged to have committed. >> as we were just hearing from guy, there has been continuing growing violence in oakland. the city has now had 128 homicides so far this year, including one last weekend of a security guard protecting a journalist was working on a re

prices. our transport correspondent, katy austin, has been giving us more details. etail price index measure of inflation, to calculate this 3.8% increase. that matters because normally the way this is done is the rise comes injanuary and it uses thatjuly inflation figure as a base. but the government saying that even though it is coming on in march instead, they will still use thatjuly base, even though sincejuly inflation has actually been going up and actually reached 7.1% last month. however, the government is basically saying that this is about protecting people from rising inflation, but labour is saying this is a brutal hike because people are facing a cost of living crisis. there is a bit of a balance to be struck here. the government says the pandemic has had a huge impact on rail industry finances, as peoplejust stopped using trains as much, that means the taxpayer has had to put £14 million towards supporting the rail industry. ——£14 billion towards supporting the rail industry. it says there is a balance here between recouping some of those costs the taxp

katie: you can see two-year yields are little bit lower. that is where fed hike expectations are pricedthe consensus on wall street seems to be that this probably isn't going to change the needle too much for the fed when it comes to that lift off. that is why you are seeing the stock market broadly higher today. you can see the s&p 500 up about 0.4%, as is the nasdaq 100, the tech sector also posting gains here. this is a sector that is very sensitive to interest rate hikes and those expectations had no surprise it is getting a little bit of a bid today after a rough couple of days. havens not really in demand. you can see the bloomberg dollar index taking a little bit of a leg lower. guy: let's continue the conversation about that inflation narrative. certainly the big story of the day, the u.s. inflation print. i know it came through pretty much in line with expectations, but u.s. inflation is now running at the same clip we saw back in 1982. that was the year of thatcher, the era of rage and -- the era of thatcher, the era of reagan. inflation was running hot. what we are now going

value apple has become the world's most valuable business and morgan stanley's katie huber respect who recent his raised her price wearables and accessories now a $38 billion business now nearly $ 0 billion annual revenue, business doubling over the last four years. there's, of course, a lot of hot talk about what could be coming next gene muenster with a mixed-reality headset is on the way, allowing users to immerse themselves while also interacting, muenster bets that new product is unveiled next summer, and launching in 2023. by the way, muenster just raising his price target to $250 andrew, back to you. >>> so, what do you think? how many years to get to $4 trillion >> you know, i'm not sure, andrew our a yes, sir are thinking about how to get to $4 trillion i think it's going to stick to at least an intermediate term. i saw the promo with toni sacconaghi, so i'm interested to get his hit on this. but there are some who stake their ground, maybe sit on the sidelines, say, listen, the iphone 12 was strong, but that pulled forward demand. the i foam 13 just isn't going to have that kind of momentum. i know othe

high prices could be a big problem still in 2022. i want to bring in peggy collins, and katieman. beg gi, if you had to boil down the story of the economy in 2011, what's the biggest take away and what are the big things you're watching in the first few months of 2022? >> well, when we look back on 2021, two of the key things were the labor market. we saw a lot of jobs come back. we saw a lot of workers gain power when it came to wages. we saw some of the highest quit rates we have in a generation. the other key theme was the one you just mentioned which is inflation. we've seen the highest inflation numbers in decades come out, because of the issues that you identified. supply chain crunches and the virus ongoing much longer than people expected and really royaling the global market. the biggest things were the mysteries and anomalies in the labor market and also the roaring back of inflation. >> let's dig deeper into inflation. that's making it expensive to shop at the grocery store and fill up our cars. how much worse can this get? and how do we fix it? what can we do that

watch what's happening with shares of apple we often talk about it again, katie huberty earlier at morgan stanley took her pricegh $200 per share we saw that on tuesday today she's with a note basically saying apple is her biggest large cap favorite call in 2022. so kind of adding on to some of those particular positivity i guess comments from tuesday, she's basically saying this time around that the recurring revenue stream for a companies like apple make them very attractive so she calls it her top i.t. hardware large cap pick for next year so watch apple shares. by the way, if it does get past that level, it does become a $3 trillion company keep that in mind. one on one watches of a smaller-cap stop evgo that $20 price target is driven if large part by this notion there will be wider fleet adoption and utilization of the electric charging stations in the network overall. we have harm em, guys we've got apple and we got evgo, the entire spectrum of market caps covered in this one. >> i'd say, it's below a billion, 800 million or so >> roughly $900 million at this point, yeah. >> thank you, dom chu. >> you go

think they're going to raise the three times that might currently be priced in plenty of things you could buy on weakness. >> katieu want people to avoid most of all? >> you know, in terms of avoiding a seconder i would say probably industrials and communications services. those still are in down trends relative to the s&p 500. and i keep looking for some signs of downside exhaustion they're not quite there yet. encompassed, of course, industrials, the transports which look a little better than average, but those are the most beleaguered setup it's we've come across. that doesn't mean we wouldn't be reducing exposure to stocks that have over bought downturns of which there's a lot more of those in the last weeks or so than we've seen of late, and this pullback that we've seen in software is one example. since november, negatively through the run in september because look at the long-term charts starting to see some signs of exhaustion there, that could carry us into a corrective phase more likely mid-january or beyond. >> and do you think we're going into a significant inflation environment? and how's the best way

the answer here entirely is you're buying a stock that is highly priced, but now the one that people feel the most confident about, katie is the ax if you have someone who knows more, i'm with kate. >> not to draw a line between the two things we did announce a diplomatic boycott of the olympics. boris johnson this morning following suit australia followed suit overnight. china says the u.s. will pay in some way do you think it would be a corporate that would be collateral damage? >> if you're a boeing, a challenged position in my charitable trust, i think you would be worried the big order won't come when you make it in china, apple, starbucks, they tend not to want to penalize you, but the big hope -- use the 737 max back in the air and then orders to boeing, and that, i think grows dimmer when we have a -- i don't want to call it a spat anymore, but a cold war cold war is the right thing. we're talking about a cordon of communist china because of the human rights violations. say something. >> okay. cold war is a loaded term. >> oh, there you're letter x from foreign affairs, kenin >> yeah, that was kenin. >> key not

multiples, i focus on, once again, apple went below procter & gamble's price multiple and you get this and one of the things that katie is talking about is a service revenue stream which is 70 billion. when you hear ar/vr, that's going to be conflated with metaverse. his team, saying we're at the peak of the metaverse love. >> what are they talking about there? what is the opportunity then that she's outlining in this -- not upgrading, but raising -- >> when you look at -- i think katie is fabulous. but it was difficult to kind of do anything other than say it's worth 29 billion in 2026 it's kind of like everyone is talking 2026 right now i wish i could do that >> she talked about autonomous vehicles, actually >> saying it's not getting any love because even though we -- >> valuation would need to reflect the optionality of these future opportunities is part of her thesis this morning. >> apple tv is a staple. apple tv was something i thought was an afterthought and now i find -- what's on apple tv it's up there in the conversation with netflix. >> spending a lot more money. >> the shows are pretty good >> 200 bucks i

price of food is really making it hard for food banks. anything folks can do would be greatly appreciated. >> thank you so much for all that you do, katie fitzgeraldish you the best and a very merry christmas. >> thank you, thank you so much. >>> in a year that has been difficult in many ways, there are still reasons to celebrate. even in the midst of difficult circumstances. here's cnn's al goodman. >> reporter: at the end of another hard year, the festive lights in new york city are a soothing sight, the gift many of us wanted, a return to our normal lives and the vanquishing of covid-19 is still illusive. even though it may be a struggle for some to see, there is something to celebrate this year, our resilience. traditions may be altered, but in many places go on, like taking the children to see santa claus. in this winter wonderland in finland, there's no sitting on santa's lap and no whispering in his ear. santa has a wish too. >> i've been hearing about well-being and coping of children and young people. now it's time to turn these worries into plenty of good will. >> reporter: people around the world are finding ways to make the season a li

the high crime, the high gas prices, this is a funeral landscape for the party in power, i don't see how they are going to spin their way out of it. >> dana: one thing, katieoter discussing with biden, it's not like they are going to vote for another democrat, i mean the look what happened in virginia, you vote for a republican if you feel like the republican meets you where you are. >> katie: about hanging together and hanging separately, it's hard for them to hang together when they have so many different factions in the party and you've seen this play out with bill back better and having really hard time getting that across the finish line and when it comes to democrat saying i would like to not retire and keep my job, they have their own polling and the issues that are affecting their voters and hearing from the constituency is are falling their offices every single day about inflation, kyrsten sinema, arizona, democrat, she's one of the people holding up joe biden's agenda in the senate, and says it's a real problem for people in arizona and the administration is not addressing it properly, they are looking at their own numbers and trying to distance

>> they raised price targets 200, 20% upside, it is all about new products. katiech the meta-verse product, the glasses where you have augmented and virtual reality in one, probably the middle of next year so also boosting estimates for the iphone for the holiday quarter and last week we were talking about the bloomberg report that the demand is down and she's boosting estimates so this is a win, then you go a step further, talking about the applecart in 2025, $3 trillion market for apple with full case scenario 225 a share. stuart: and worth 3 trillion soon. let's move on, shall we. another big game, intel up, something to do with the self driving car unit. lauren: make it a public company next year. they bought it for $15 billion in 2017. if they spin it off it could be valued at $50 billion, this is all about unlocking value for intel shareholders, very focused on ships and ironically mobile doesn't use chips. stuart: one of our guests, by until because they will be huge in the chip rebounds coming up. i didn't buy it. he recommended it at 46, 47, 54. tesla up a

morgan lifting the target price to 210 this morning which helped rally the stock morgan stanley and katie stock, instead of iphone sales, services have doubled in revenue in four years, were target was $74 billion a year right now. you have to give a lot of credit to tim cook, when he took over it was only $350 billion, in the span of a decade he grew the market cap by tenfold by slowing iphone sales. stuart: hats off. what a company. the magic number is 182-8586, right around there, if you get to that level you $3 trillion extraordinary staff. let's move on to tesla, i don't know if it affected the stock price, the times person of the year. stuart: is that a surprise this morning, that is a pro-choice for 2021, the richest man on the planet probably the most influential ceo today and is revolutionized electric cars any rockets to space and mars in the future the pioneer space travel in the space industry, he moves markets with tweets and crypto assets which you love or hate them. stuart: the man is a genius engineering marvel. i love how he says he spent his lifetime defining the haters

price target to $200. it closed at an all-time high, with gains putting it close to an historic $3 trillion market value. katiewho raised apple overweight, sees the company benefiting from new vr and economist vehicle products. david: in case you missed it, the chinese currency is -- just surpassed its peak. not a new 2018 high against the u.s. dollar. where are we on dollar china? not pushing towards that level. i forget who it was, but i think it was our guest a couple of weeks ago, jonathan cavanaugh. if you are long em, this shows from 10 years back. it is close to correlation with the chinese currency. might list all of the votes -- most if not all. rishaad: if we see china easing further, and a u.s. fed that is more hawkish, spreads should widen. it should mean money in the other direction, meaning a weaker yuan. that is the theory. yvonne: then you have the full capital account. then maintaining this covid zero strategy. people are not going out and traveling as much. basically, you will see those inflows into stocks and bonds. rishaad: in theory. david: when where the trade numbers -- yvonne: they were

prices of 08 it --. for some, there is nothing behind them. i know that stable coins is backed by real assets, but that does not mean that katie not -- that it cannot be manipulated, and that there is an opportunity for some foul play. was put it that way. so, for you, do you think that is a fair comparison? cryptocurrency and synthetic financial instrument? ms. allen: thank you for that analogy, senator. will meet come to the synthetic financial products in the lead up to the financial crisis of 2008, things like homeownership, you have to be wary of financial inclusion because sometimes they are overblown. in particular, you have to be wary of them in circumstances where ava means to providing a goal that is unnecessarily complex. you don't necessarily understand why things are the way they are. they are too complicated. the system can have a capacity for confusion and panic. we have a product like the stable coin that is being proposed to financial inclusion, we have to ask ourselves why it needs to be so complex. why does it need to be on an administrative ledger with a governance mechanism? why do we need environment of cost of that kind of pr

because morgan stanley's katy huberly has written another note talking about the augmented reality, virtual reality, ambitions the company may have and why investorers should start to pricedy is watching that $183-ish mark. and a look at the most popular tick on our website at cnbc.com over the last day, yesterday at least, lucid was up about up half a percent tesla, gamestop, costco, lululemon. those names among the top ten. the rest of them are on my twitter feed at @thedomino by the way, no one's really talking about the fact that seton hall had a great win against texas as well. >> i didn't even see that. i can't bet on them, but i knew they were playing texas. yeah, seton hall and rutgers, they could beat -- obviously anyone can beat anyone on any given night, that's why it's so d cool rutgers football can win on any given night. but number one, purdue, done you don't see half-court buzzer beaters. >> nothing to take away from rutgers, that was an amazing, amazing game but seton hall is the top favorite texas was six or seven in the country when they beat them last night. they were favorites at home against them good for new jersey basketball. >> totally we move on,

scott, katie, great to have you both here, mitch, you are going to be staying with us all morning long. we've got a lot more ahead this morning. coming up gas prices the new year, are we looking at 4 bucks a gallon, folks, we will talk about it with ohio congressman bill johnson, he will weigh in next. retail roundup hottest picks. angela and mitch roschelle, i'm not going to ghost either one of them. they're with me till 9:00 a.m. eastern time. you're watching mornings with maria live on fox business. ♪ ♪ ♪ cheryl: adding to red and blue divide, facebook attempted to muddy the waters between republicans and democrats putting politics at the forefront in order to keep the heat away from its many scandals. ceo mark zuckerberg strong arming his executives on these issues telling them to stem all the leaks, spin the politics and do not say sorry. mitch roschelle, another blockbuster report from the journal on facebook. mitch: you know, listen, there's not much about facebook's finger on the scale way of doing things that i approve of. the one thing that i would say, though, is their efforts to get ahead of tending regulation is a good strategy. they'

prices increased 40% for insulin between 2014 and 2018. i'm quoting from an article in today's "usa today" by katie wadell. patients and their families are shelling out hundreds of dollars, even if they have good insurance. ron regalatto is the father of a teen with type 1 diabetes. do you know what he calls the insulin pricing system? legal extortion. this article tells the story of what he went through. he never heard of a pharmacy benefit manager before two years ago, but it was two years ago that his son matt, then 14 years old, was diagnosed with type 1 diabetes, and mr. regalatto got a crash course in insulin pricing in america today. his first trip to the pharmacy when his son was released from the hospital came with a $1,000 price tag for all the testing supplies of insulin he never purchased before. the next month when all he had to do was buy more insulin, the price was still north of $400 after insurance. this single dad of two said he thought he had good insurance until he found himself having to redo his entire household budget to afford the insulin to keep his son alive. i thought how do peop