here is rebecca jarvis. g's gma first look, an emotional day of testimony from elizabeth holmes, telling a courtroom she was raped while at stanford and decided to drop out to pour herself into building theranos, also alleging her former boyfriend abused her physically, emotionally, and verbally. allegations he has firmly denied. >> the allegations will have no bearing on the trial because although it may be something she was subject to, that does not speak to the actual charges of fraud and the intent that is required for fraud because that is a measure of whether or not she knew she was making false statements about the company at the time. rebecca: comin comin you what is to come in this high-stakes trial. with your gma first look, i am rebecca jarvis, abc news, new york. >> there is a podcast about the trial hosted by rebecca jarvis called "the dropout." listen wherever you stream your podcasts. kumasi: now to a little boy who has no fear even as he faces surgery. this is 3-year-old whalen blunt dancing i

especially today that links elizabeth holmes directly to the allegations of fraud. >> woodruff: rebecca jarvishis rivetting trial. thank you very much, rebecca. we appreciate it. >> thank you, judy. >> woodruff: a new exhibit at the museum of latin american art in long beach, california, looks at the monumental scale and achievement of an artist capturing the untold stories of los angeles. jeffrey brown took a look at the work of judy baca, for our arts and culture series, "canvas." >> brown: it runs a half-mile, along the concrete banks of a river in the san fernando valley: 13-foot-high panels that tell a history of a city. it's called “the great wall of los angeles,” one of the largest murals in the world, designed and painted-- with a little help from her friends-- by judy baca. >> the story i wanted to tell was the story of the history that wasn't recorded in the history books. the history of people of color, the history of women, the indigenous people. to look at what was missing from the story of america and to reconstruct that and teach it to the young people who'd begin to learn about

rebecca jarvis is back with more. good morning, rebecca. >> good morning, george. never before. >> reporter: the hot holiday toys flying offer the shelves. with many consumers already seeing nearly empty toy shelves like these, is it possible it's already too late to score the most popular toys? to find out we launched our own "gma" hot holiday toy finder. we picked six items from toy insider holiday gift guide and ordered them for october 1st and then a month later on november 1st. checking availability, shipping times and prices on amazon, target a wat. w 's time toli the batman bat tech transforming bat cave, j.j. doll, get a glow fairy finder and the print cam and lol house of surprises and the magic mixies magic cauldron. of the 18 total toys we ordered in our first round, six were already out of stock at the time. the lol omg surprise house is already sold out. as for delivery, all the items arrived in the window given at checkout but some taking longer than others like the batman bat cave from amazon taking 19 days. things like two-day shipping may be harder

rebecca jarvis is here with the details. hey, rebecca. >> hey, george. nice to see you.upply chain issues are showing up everywhere. labor shortages as well. many retailers have already kicked off holiday sales because of that but expect to see some of the deepest discounts of the season starting next week and running through cyber monday, november 29th. amazon, target and walmart just announced some of their doorbuster deals for black friday favorites including small appliances, tvs and laptops. target has the xl air fryer for $99, $100 off. walmart has a 70-inch tv for $398, a savings of $255 and amazon is promising up to 30% off laptops. plus with the chip shortage squeezing gadgetmakers the most there should be lots of nonelectronic deals like clothing, furniture and shoes. keep in mind with price inflation and those supply squeezes hitting many areas the discounts this year may not be as deep as in years past. >> some are still significant right there. what about small retailers? >> that's always a good idea. shop your local retailer and this year especially if you'

rebecca jarvis joins us now with that and more deals today. , rebecca. >> reporter: the deals keep coming, robin. good morning to you and cyber monday is expected to be the biggest online shopping day of the year with americans having spent $6.5 million every single minute over the course of cyber monday. the adobe predictions are that when the final tally comes in, we will have spent between 10.4 and $11.1 billion total over the course of cyber monday. and that is, of course, as americans are expected to spend over this holiday season $1,000 each. that's after saving about $2 trillion over the course of the pandemic by not dining out, by not traveling. of course, there's the other pandemic's impact on cyber monday and that is the supply chain woes. out of stock messages, robin, they were up across the board. people probably saw them if they were shopping yesterday because they happened on nearly every item, robin. >> what can we expect on travel tuesday, rebecca? >> reporter: yes, today is the day where you find the deals on travel and though

. >> there is as as as as as a trial hosted by abc news correspondent rebecca jarvis.next episode is out tomorrow. you episodes drop every tuesday. listen wherever you stream your podcasts. >> today, president biden addressed the nation about mounting concerns over the new omicron variant. stressing the need to get vaccinated and get messed up. abc news reporter is in washington with the latest. >> new guidance from the cdc regarding covid booster shots. the agency strengthening its recommendation saying everyone 18 and older should get a booster six months after their second dose of pfizer or moderna or two months after their johnson & johnson vaccines. the new guidance comes after the recent emergence of the omicron variant. it follows president biden speaking directly to the american people today. biden crediting health experts in south africa for identifying the new variant quickly. >> this kind of transparency is to be encouraged and applauded because it increases our ability to respond quickly to any new threats. >> his speech comes as new travel restrictions com

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rebecca jarvis, abc news, new york.s about the trial called the dropout. any of the surges cannot overnight and comes out every tuesday. you can listen wherever you stream your podcast. kumasi: google employees claimed they were fired after calling out people. reggie: here's a look at the new york stock exchange is morning. we are considerably down to start the day. we will check again in a few minutes. kumasi: facing the iconic macy's windows. what is happening at union square today. mike: let's take a look at what's going on with our weather. where going to start with some local temperatures. those are going to be down in the south bay, or we have got anywhere from 40 in places like santa clara and camel to 54 degrees on the others. 42 in allen rock, or the five down in morgan hill. 49 right now. as of the cool spots in danville. san francisco is in the 50's. we are looking at what is shaping up to be a very sunny and hazy afternoon. it is a good one for yardwork. i was love this time of the year. have one more big ma

. >> there's a podcast about the trial hosted by abc news correspondent rebecca jarvis, it's called the is out today. they drop every tuesday. listen wherever you stream your podcasts. >> the your is deliberating the fate of the men accused of killing ahmaud arbery. morgan norwood is in brunswick, georgia work the story. >> the fate of the three white men accused of murdering ahmaud arbery, a 25-year-old unarmed black man, now in the hands of a jury. the nearly all white panel deliberating. >> we are in recess until question or verdict. >> before receiving instructions from the judge, the prosecution with the final word to the panel firing back at the defense's closing argument that gregory and travis mcmichael acted in self-defense. they claimed an unarmed arbery tried to overpower the younger mcmichael and take his gun. >> you can't start it and claim self-defense. and they started this. >> this while a third man recorded the incident on his cell phone. they all pleaded not guilty. >> they committed four felonies against ahmaud arbery before he finally tried to run around their truck

there is a whole podcast about the trial hosted by rebecca jarvis called "the dropout."e out every tuesday and you can listen wherever you stream your podcasts. kumasi: the oakland mayor is responding to a plea for city leaders to help combat a rise in crime. the police chief called out city leaders after a weekend of organize group thefts. the police dealt with shootings, sideshows, and the mayor says that she wants more help from chp. she says more resources are needed on every level. >> i will continue to amplify my call to our city government to increase funding and the staffing for the oakland police department. we are at one of the lowest staffing levels that we have had for more than a decade. kumasi: the mayor will focus on the port system, which she says has been a huge issue during the pandemic and is not working the way it used to. reggie: crab season off of the coast of san francisco delayed again. it is not only impacting holiday meal plans but our local economy and fishermen. ryan curry has more on how some fissures are trying to make ends meet. ryan: it is

our chief business correspondent rebecca jarvis starts us off. rning. >> reporter: good morning to you, whit. this is really hitting americans in every aisle of the grocery store. a gallon a milk a year ago would have cost $3.38. today it is $3.66. eggs up 12% over the last year meaning what would have bought you a dozen eggs about a year ago will get you fewer than 11 today. cereal up 3.5%. fresh fruits and vegetable prices up 3%. meat in particular hit, ground beef prices up 13 1/2% and bacon prices up 20% from a year ago and this is hitting the budgets of american families and a significant way, if you look at what a family of four would have spent a year ago on that monthly food budget, $674. today it is more like $849. michael, that is up 26% from a year ago. >> that is a lot of money. rebecca, thank you so much. we go from the grocery store to the gas station. erielle reshef has the latest on gas prices. good morning, erielle. >> reporter: good morning to you, michael. it is not a pretty picture here at the gas pump. the price of gas increas

rebecca jarvis is at the courthouse in san jose. his courtroom behind me when elizabeth holmes took the stand in a surprise move by the defense on friday. she told the jury about growing up in houston, about dropping out of stanford with the dream of revolutionizing health care. we have now heard from 29 government witnesses in this trial about allegations elizabeth holmes lied about her relationships with the u.s. military, lied about the capabilities of her technology which found its way into walgreens at one point, and even falsified documents to sell investors. the big question now is whether holmes will delve into the allegations of abuse by her former boyfriend and coo sunny balwani, allegations he denies. elizabeth holmes faces up to decades in prison if she's convicted. robin? >> you have been on this story from the very beginning. thank you so much, and rebecca is following all aspects of the case. season two of her podcast, "the dropout" is out now. t.j.? >>> robin, we turn now to lebron who last night what la bye bye in la

rebecca jarvis has the latest from wall street. morning to you, rebecca. >> reporter: good morning, amy. and stocks are pointing slightly higher this morning. after their worst day of trading they're higher this year after their worst day of trading this year with the dow down more than 900 points or 2 1/2% lower but the context here is what is so important. the s&p 500 is up 24% this year. even accounting for friday's sell-off stocks are up significantly for the year. the question is with this new variant what happens to the u.s. economy and the global economy? how do consumers react to this? are they reluctant to spend money at this time of year which is so important to retailers, travel, restaurants? this is the time of year where people spend, in particular now it's an important time for spending as so many people have been cooped in indoors.indoors.r amy? >> we'll take that, rebecca. thank you very much. george? >>> as we said president biden set to address the new variant from the white house today. at the start of a con ken

our chief business correspondent rebecca jarvis has been tracking the latest, rebecca, you are followingrs so closely. paychecks for millions of americans not expected to go as far as they have in the past. >> reporter: that's right, cecilia. and generally speaking, when you spend more money, you drive up prices more. now, moody's estimates that over the next two years, between 2022 and 2024, the infrastructure, climate spending and social spending bills will drive up inflation 0.3% but economists, cecilia, also believe that over the longer term, a lot of this spending on infrastructure will help ease the bottlenecks of things that we've been seeing going wrong in our supply chain and will ultimately drive prices down over the longer term. cecilia. >> you have the holiday decorations behind you. the shopping is just around the corner if folks haven't started so how far will paychecks go when it comes to this holiday shopping given this inflation? >> reporter: i'm here in my secret garden, cecilia. if you take a look at where prices were this time last year for one of the most popular ite

our chief business correspondent rebecca jarvis is tracking how they're doing. expect this to be a stronger holiday season than they forecast a few months ago and no empty shelves. some of the biggest retailers in the country say they've been able to sidestep the supply chain crush by planning ahead. target announcing overnight it has 20% more inventory now than this time last year. tjx, marshall's and home goods says it is well stocked and walmart and home depot by chartering their own ships helped bypass some of the supply chain disruptions. overall, retailers are gearing up for a record holiday shopping season with u.s. consumers expected to spend nearly a thousand dollars a person. that's an all-time high over the holidays after a year and a half of staying in, foregoing travel and dining out americans have saved up an estimated $2 trillion and despite rising prices they continue to spend on everything from clothes to electronics, to hardware, which has led to record sales at major retailers, t.j. >> all right, rebecca, i actually love to hear what you think

our chief business correspondent rebecca jarvis, so good to see you. >> nice to see you too, robin. >avings, cash back on purchases on all the participating retailers and we're talking about literally thousands of retailers who are participating here so it's a great way, especially if you're already doing that holiday shopping, it's a great way to save extra. >> even bigger this year. >> it is bigger than ever before. at retail me not today for cash back day and tomorrow 400% more deals, they say, there are retailers like amazon and fenty beauty and urban outfitters all participating and consumers according to retail me not earn an average of $18 back per purchase so that's cash you get sent after you make the purchase and, again, you can take advantage of the discount at the retailer and then get this cash back on top of that. >> on top of it? >> on top of it. you know how we love our "gma" viewers. >> oh, yes, we do. >> can we exclusively reveal some of the deals? >> we absolutely can. we wouldn't do this segment without it, robin. best buy is doing 10% cash back on top of its top d

our chief business correspondent rebecca jarvis joins us from an ikea in new york. od morning, rebecca. >> reporter: good morning, cecilia, or should i say, hey. if you're in the market for a new easy-to-assemble dining room table or a futon for the dorm room, you want to listen up, the prices inside of ikea are getting more expensive. ikea says that just keeping stores like this one and warehouses stocked is getting harder to do. it's becoming an even bigger challenge and the popular furnituremaker telling abc news, we have and we will put a lot of effort into keeping prices as stable as we possibly can, but like so many other retailers right now, they are under that pressure from the supply chain, and we're starting to see it ripple into new areas. in fact, overnight the maker of oreos, toblerone chocolates and sour patch kids say they plan to hike prices in january by 6% to 7%. that snack attack, cecilia, is going to cost you more next year. >> these are my three food groups. you're making me nervous, rebecca. all of this, of course, as seriously as we are heading

rebecca jarvis here with three swindles to be ready for.ing emails and can be sent around legitimate retailers, a company you know suggesting you could get a free gift card but the person behind the email is a scam artist and it's a phishing email. once you put the information out there, they suddenly have your information out there, your credit card, your personal information. so you want to verify websites before you click on emails. also, if you are looking at physical gift cards this holiday season look at them. look them over carefully. make sure they haven't been tampered with and register them so you can change the p.i.n., so that information is yours. anyone who looked at the card before you won't be able to access it. >> that's good advice right there. there's a scam connected to seasonal work? >> yes, unfortunately, george, at this time of year a lot of retailers are hiring. we know it's a difficult market out there for people who are looking for work. well, the trouble is, there are companies and individuals who are taking advant