line to your existing plan, or see for yourself how easy it is to save by talking to our helpful switch squadyour local xfinity store today. >> 11:29 a.m.. account balances divide estimates. the adjusted deficits, first time in history we have had back-to-back adjustments taking place after the country. u.s. curbs on china hit the tech side of things. yvonne: you're seeing them come back for the holiday. we don't know how disruptive this can be, this seems far-reaching, this was impacting the ev sample. we have the european commission saying it's crucial. >> we are increasing market share by 2030. yvonne: not much of a holiday for you. reacting for this news. i am wondering what your first take is? guest: this will likely be more disruptive compared to any curbs that the government has done on the semiconductor sector in the past three or four years. it's much more comprehensive this time. china semiconductor ambition [indiscernible] down to the town. u.s. persons and citizens to help directly or indirectly. the implications. rishaad: this is only going to get worse, isn't it? guest: what you

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line to your existing plan, or see for yourself how easy it is to save by talking to our helpful switch squadyour local xfinity store today. emily: i want to turn back to the markets. the imf and the world bank warns of a risk of global recession. faster inflation forcing the fed to keep raising interest rates. what does it mean for tech stocks and take earnings? i break that down with michael casper of bloomberg intelligence. what do you make of the macroenvironment? what it means for tech stocks? >> the macroenvironment is somewhat strong. to give you some context around the s&p earnings at large, we are moving at a 2.5% expansion. it is still an expansion and that will look like it is -- according to consensus. tech stocks, tech is looking at a 7.5% earnings. that is only the second worst. some of the technology stocks and the industries are supposed to be under pressure here given the rising dollar and the supply chain concerns. emily: the world bank is saying that there is a real danger of worldwide contraction. you have jamie dimon saying my markets will fall. >> we are seeing much ligh

line to your existing plan, or see for yourself how easy it is to save by talking to our helpful switch squadur local xfinity store today. alix: an hour and the u.s. trading session, hard for stocks defined direction. nothing is moving except the bond market in the u.k. abigail: small decline for the s&p 500, downward trend continues. last week was an up week because of the big rally on monday and tuesday but bigger declined for tack and especially for that stock. cap index down more than 40% on the year. a real bear market is there. it is at its lowest level since november of 2020. the u.s. commerce department is putting curbs against china tech. that is weighing in a big way also oil is up slightly, above $90 a barrel, putting inflationary pressure on stocks, given the fact it could create demand instruction. as for the follow-up from the china tech curb, semi conductors across the board continue to get slammed. last week on friday, and the down 13% but we can see a lamb research who makes machines that make the chips, that is leading. we curve for some other names. these stock chips cannot

line to your existing plan, or see for yourself how easy it is to save by talking to our helpful switch squadyour local xfinity store today. to finally lose 80 pounds and keep it off with golo is amazing. i've been maintaining. the weight is gone and it's never coming back. with golo, i've not only kept off the weight but i'm happier, i'm healthier, and i have a new lease on life. golo is the only thing that will let you lose weight and keep it off. who loses 138 pounds in nine months? i did! golo's a lifestyle change and you make the change and it stays off. (soft music) manus: this is "bloomberg daybreak: europe," i am manus cranny in istanbul with dani burger in london. dani: chinese markets open in the red, weighed down by concerns over rising global interest rates and fresh u.s. curbs on chipmakers. asian stocks and futures kick off the back foot after strong u.s. jobs data friday crystallized that's the fed will continue with a jumbo rate hike. plus vladimir putin accuses ukraine of carrying 8 -- carrying out a attack on a bridge licking crimea to russia. a week futures session, all abo

line to your existing plan, or see for yourself how easy it is to save by talking to our helpful switch squad xfinity store today. millions have made the switch from the big three to the best kept secret in wireless: xfinity mobile. that means millions are saving hundreds a year with the fastest mobile service. and now, introducing, the best price for two lines of unlimited. just $30 per line. there are millions of happy campers out there. and this is the perfect time to join them... save hundreds a year on your wireless bill over t-mobile, verizon and at&t. just take the xfinity mobile savings challenge today to see how much you can save. maria: welcome back. another record-setting fentanyl bust happening in wichita, kansas officials seized between half a million and one million pound fefp event enough fentanyl to kill the entire city population. house republicans are writing to homeland security secretary alejandro mayorkas demanding release of september border numbers saying the american people deserve transparency not political games, joining me texas attorney general ken paxton ag really

line to your existing plan, or see for yourself how easy it is to save by talking to our helpful switch squadyour local xfinity store today. neil: they are convenient, close, and in philadelphia pretty much everywhere at least in this region but because crime is so out-of-control, while way is saying we are out of here, increasingly out of here, jeff flock following that. what is going on? >> reporter: they dominate the landscape and all over the city, good neighborhoods and bad neighborhoods, this is a good neighborhood. why is that? i will tell you what wawa said, continued safety and security challenges, business factors have been increasingly difficult to remain open at these locations. they don't feel safe, there people don't feel safe and apparently a lot of people are taking things off-the-shelf without paying and that doesn't work very well. the city not too happy about this but mayor jim kenny points out wawa says 38 stores, keeping them open, we consider philadelphia our hometown, that said at one of those stores a couple weeks ago, we reported on this, kids coming in and ransacking

line to your existing plan, or see for yourself how easy it is to save by talking to our helpful switch squad at your local xfinity store today. liz: let us take a look at twitter once again. folks, it is still halted and we'll keep an eye on this story of course. tesla ceo elon musk posted an sec filing moments ago indicating that he will go through with the deal to buy twitter at his original price of $54.20 a share, total of about $40, $41 billion and twitter at $47.93 right now. we are expecting that maybe this hour or what's left of it 40 minutes that it will start trading with me. we'll keep a very close eye on this and let you know the second it happens. is billionaire investor drama to another. here, ray dalio hanging up officially his hat with bridgewater associates and he's given control over back to the firm he built out of his new york city apartment in 1975 and built it up to be the largest hedge fund in the world. all this as the billionaire investor had a change of heart about cash. so we always are interesting to hear what what ray dalio is investing in the markets. just ahead

talk to our switch squad at your local xfinity store today. our internet isn't ideal...the brilliant move to get us t-mobile home internet. oh... but everybody's online during the day so we lose speeds. we've become... ...nocturnal. well... i'm up. c'mon kids. this. sucks. well if you just switch maybe you don't have to be vampires. whoa... okay, yikes. oh sorry, i wasn't thinking. we don't really use the v word. that's kind of insensitive. we prefer day-adjacent. i'll go man-pire. >>> good morning welcome to wild card friday. it is wild card friday it is also jobs friday that is more important we will tell you what to expect from the september employment data what it could mean for the fed. >>> new deadline for elon musk a judge says he has until october 28th to close the twitter deal if he wants to avoid a trial. >>> pot stocks soaring after president biden announced a pardon for federal offenses of simple marijuana possession. will the states follow just the blue states all of them? it is friday, october 7th, 2022 and "squawk box" begins right now. >>> welcome to "squ

line to your existing plan, or see for yourself how easy it is to save by talking to our helpful switch squadur local xfinity store today. stu: kentucky a chilly 62 degrees right now. lauren: workout music. stu: is that what it is? if you like the music we play, follow us on spotify "varney & & co." and use the qr codes on the screen. we have the dow down and nasdaq up 31. not that much price movement. look at these chinese tech stocks, i should tell you that these are today's numbers. they're all up a little. they were in free fall yesterday after china's xi was elected to third term and packed his cabinet with allies and the golden dragon china ally dropped 14% to lowest in ten years. back up a little today. the president's advisers are negotiating a summit meeting with xi jinping in bali. gordon is with me now. if it's arranged, could this be a breakthrough and face-to-face meeting in a time of crisis? >> i don't think so, stuart. there's been a very dis-add venn -- >> the communist party a behind the fentanyl gangs and we have opposed interest on fentanyl, and i think we need the administ

talk to our switch squad at your local xfinity store today. de the switch from the big three to the best kept secret in wireless: xfinity mobile. that means millions are saving hundreds a year with the fastest mobile service. and now, introducing, the best price for two lines of unlimited. just $30 per line. there are millions of happy campers out there. and this is the perfect time to join them... see how easy it is to save hundreds a year on your wireless bill over t-mobile, verizon, and at&t. talk to our switch squad at your local xfinity store today. we're back with fox news alert out of stockton, california where a serial killer is on the loose this is man law enforcement think could be responsible for at least five deaths. and stockton over the last few months, the victims were ambushed, in the dark and shot singly without any explanation. the suspect has also been linked to killing in oakland hundreds of tips have been pouring in, and 125,000 dollar reward is being offered. joining me now stork stockton praying you guys what can you tell

line to your existing plan, or see for yourself how easy it is to save by talking to our helpful switch squadfinity store today. >> every month typically two driver family saves about 125 dollars at the pump compared to where we were end of june everyday american save 420 million dollars at the pump compared to mid-june. maria: that was white house press secretary karine jean-pierre claiming americans saving money at pump as prices continue to rise white house says it will release additional 15 million barrel of oil from strategic petroleum reserve despite two weeks ago saying that they would not release any more oil, i will will reportedlied keep doing to in order to keep gasoline prices in check ahead of midterm election former c.k. ceo heritage foundation visiting fellow andy. >> after midterms they will stop releasing all, oil prices go back up that is fine because midterms are over. >> everything they do is political. maria: yeah. >> by the way, when they semoil from the strategic petroleum reserve, they don't give it away they don't sell it at cost they sell it at market accusing all oi

talk to our switch squad at your local xfinity store today. >>> take a look at shares of tesla. they're up more than 5% yesterday after yesterday's sell-off, cathie wood roughly $32 million shares worth of innovation and both funds are up 60% year to date joining us now in a cnbc exclusive. ark invest ceo and chief investment officer cathie wood good to see you and thanks for coming up with us. october is certainly off to a strong start and it feels like the bulls are hoping that the fed may not be as aggressive going forward and something you repeatedly called for. that sentiment did underpin the summer bear market rally, but ultimately led to new lows what is your read of the moment of market sentiment. >> well, interestingly our strategy did not hit new lows our flagship strategy, and that is quite normal toward the end of a bear market and we did see the broader averages hit new lows last year and yet we maintained our low which was actually back in mid-may innovation tends to be the new leadership as we move out of a bear market and if we're right and the fed's close to piv

talk to our switch squad at your local xfinity store today. >>> welcome back to "worldwide exchange."dominic chu in for brian sullivan let's get right to the markets this thursday morning ahead of that big consumer price index report futures pointing towards modest gains at the opening bell. the dow implied higher by 177 points the s&p higher by 21 and the nasdaq higher by 44. turning to the bond market, yields ticking higher heading back towards the 4% level for the ten-year benchmark treasury note now a hair below 3.9%. 3.1% for the two-year note yield. >>> bulls facing renewed pressure from one activist investor calling for a change to the board. mechanic kellen advisers which has roughly 4% stake in kohl's is calling on three long-serving board heads, including the chairman they held unsuccessful talks with kohl's over the past few months on an agreement on potential board changes and has told the retailer it will run another proxy fight next year if no agreement is reached. shares are up 2% into the premarket. >>> shortages of adderal is expected to run into next year it may not

line to your existing plan, or see for yourself how easy it is to save by talking to our helpful switch squad xfinity store today. kenn the slippers saudis have crossed us against. we sell them billions in advance weapon, what do they do? side with russia and cut oil production. last week opec announced they will cutting oil production by 2 million barrels a day, that will have one profound affect slowing u.s. economy. yesterday. on cnn connecticut democrat senator ch chris murphy said that saudis are not our friends, you guys. >> watch. >> we sell massive amounts of arms to saudis, we need to rethink those sales. lift the exemption we have given to opec plus cartel and troop present in middle east and saudi arabia. they could have potential to frac fracture our ukraine coalition, there has to be consequences. kennedy: problem is cutting off saudi arabia presents its own problems, where do we get oil in sh short-term, joining he mouth issue now, daniel turner, welcome back. >> thank you, kennedy. kennedy: i don't like saudi arabia, i don't like that we're selling them weapons, they use to kil

line to your existing plan, or see for yourself how easy it is to save by talking to our helpful switch squad local xfinity store today. big development in the hundred biden scandal. probing the president son and now believe there's evidence to charge him with tax crimes and false statements surrounded gun purchase according to a report by the washington post. he's been on the investigation since 2018 with his former business deals and now, does signal a movement in the case could affect the upcoming elections? how significant do you think this is? was don't know whether he will be charged but is it a big deal? >> it's tough to imagine hundred biden actually being held accountable. the agents say they have evidence but still yet to charge them we watched and become an artist, one of the most obvious ways to wander money and little coverage about that with his art career being an obvious scam. i try not to do this imagine if this was trump but if they were involved in a fraction of what hundred biden is up to, it be front page news all the time and would matter if there's an election coming up

line to your existing plan, or see for yourself how easy it is to save by talking to our helpful switch squadr local xfinity store today. mark: keeping you up-to-date with news from around the world, here's first word. the international monetary fund and world bank warned of a rising risk of global recession as inflation moves at a faster rate. the world bank president spoke with the imf managing director at a virtual event today. >> the risk and real danger of a world recession next year, the advanced economies are slowing in europe. levels the developing countries are getting more and more burdensome, the rising interest rates puts added weight on it. inflation is still a major problem for everyone, especially the poor. mark: they warned

line to your existing plan, or see for yourself how easy it is to save by talking to our helpful switch squady. millions have made the switch from the big three to the best kept secret in wireless: xfinity mobile. that means millions are saving hundreds a year with the fastest mobile service. and now, introducing, the best price for two lines of unlimited. just $30 per line. there are millions of happy campers out there. and this is the perfect time to join them... add a line to your existing plan, or see for yourself how easy it is to save by talking to our helpful switch squad at your local xfinity store today. david: now to a fox news exclusive, a government planning documents reveal the department of homeland security is recruiting a new volunteer force to head to the southern border to support migrants crossing into the country illegally. fox news correspondent gillian turner live in washington, d.c., with the details on this exclusive. reporter: hi, dave. i've been given access exclusively to internal homeland security and pentagon planning documents. they reveal homeland security as yo

line to your existing plan, or see for yourself how easy it is to save by talking to our helpful switch squadur local xfinity store today. maria: welcome back right to new york city at 30 illegal migrant bus has arrived at new york's port authority, this is just pulling up a moment ago. there have been 24 buses arriving in the big apple this week, new york governor kathy hochul is blasting the body to administration for not helping with these buses telling reporters we are looking for a federal response to this to take ownership of a crisis and will be there to help but this belongs to the federal government. join me in your congressman a member of the homeland security committee and andrew garbarino, congressman, great to see you, thank you very much on the homeland security committee for god sakes, have you heard from joe biden? >> have we heard from joe biden, no i'm surprised governor hochul is willing to call it a crisis the administration has been willing to do that so the fact that a democrat is willing to say that the southern border is a crisis once it starts affecting them here and

line to your existing plan, or see for yourself how easy it is to save by talking to our helpful switch squad local xfinity store today. elizabeth: okay. this is concerning. a major nationwide railroad strike could be back on. this could disrupt an already embattled supply chain ahead of the holiday shopping season. kelly o'grady in los angeles with more. kelly? >> good evening to you, liz. well that possibility of a rail strike is back on the table. 56% of the third largest union just voted to reject that tentative deal brokered by the white house. now the two sides have until november 14th at the negotiation table. they have agreed to avoid striking until five days after congress reconvenes on the 19th to allow for government intervention in necessary. the major sticking point is around quality of life. union sharing they resent the fact that the management holds no regard for quality of life illustrated by reluctance to provide higher quantity of paid time off especially for sickness. if the strike happens it could cripple the economy. a study finds $2 billion a day would be at risk as rai

talk to our switch squad at your local xfinity store today. just look around... this digital age we're living in, it's pretty unbelievable. problem is, not everyone's fully living in it. nobody should have to take a class or fill out a medical form on public wifi with a screen the size of your hand. home internet shouldn't be a luxury. everyone should have it. and now a lot more people can. so let's go. the digital age is waiting. >>> just in the last few months, pe pension fund managers have three days to rebalance their positions. this is after they had to intervene for the second day and warning of a material risk to the financial stability in the uk it's clearly impacting our markets. the u.s. ten year yield. we saw a spike up on that news pressuring our bonds as well it completely turned around the stock market the dow was on the upswing this afternoon. we were as high as up 400 points it is now negative with the s&p 500 blasting as well that is down more than 1%. joining us now is cme group ceo terry duffy. perfect guest to have on, terry with, your view in

talk to our switch squad at your local xfinity store today. >>> welcome back. micron jumping more than 4%. they announced plans to build the largest semiconductor factory u.s. history. the new plant which will take more than 20 years to build and cost up to $100 billion will be in central new york. the governor on hand for the announcement. it comes as the white house rules restricting chinese access to technology. what do you make of all of this? sort of a security theme in terms of reassuring chip production and also limiting others from having our technology. >> exactly. i talked about the localization of the supply chain and tips before. 1 maybe things get more expensive. i think this is a long discussion. from and inflation standpoint localization. at 11 times earning the profitable business i think that is interesting. kla is another one. another name more expensive but higher growth. i think if you are playing the long game and thinking about the localization of supply chains which will continue across the board especially in chips given how important th

talk to our switch squad at your local xfinity store today. our internet isn't ideal...dad made the brilliant move to get us t-mobile home internet. oh... but everybody's online during the day so we lose speeds. we've become... ...nocturnal. well... i'm up. c'mon kids. this. sucks. well if you just switch maybe you don't have to be vampires. whoa... okay, yikes. oh sorry, i wasn't thinking. we don't really use the v word. that's kind of insensitive. we prefer day-adjacent. i'll go man-pire. ♪ ♪ >>> three things in life are certain, death, taxes and cyber crime. that's evercore isi initiating on a bunch of security names, z scaler and palo alto the one underperform is okta, quote, given the recent missteps and lack of execution okta has a long road ahead to clean up the narrative and clean up credibility with investors the price target there 45. it would be another $12 to the down side. >> okta is a good warning on now m and a activity making acquisitions even when you see value in these markets can be difficult for companies. that's really where they struggled and it's b

talk to our switch squad at your local xfinity store today.rtnership the car company will use palantir's foundry software to help manage its fleet. joining us now, gentlemen, welcome to both of you thank you for joining me stephen, you've been making a lot of deals since you've been ceo. a month ago, we had you on with mary barra and now with palantir what will this do for you? >> well, part of our success will be the partners we keep and we're super happy to keep palantir as a partner. what this will do for us is we're a business that sits on an enormous amountof data, both about our cars, our customers anned the like and positioning those cars and managing those cars to their highest efficiency obviously brings positive outcomes for the company and our customers. palantir and their foundry platform enables us to take very different forms of data, whether it's data about our vehicles, about the weather, data about airline schedules. take all of that, combine them in a way where we're not compelled to put them in a common form and they give us

line to your existing plan, or see for yourself how easy it is to save by talking to our helpful switch squadur local xfinity store today. hi, i'm denise. i've lost over 22 pounds with golo in six months and i've kept it off for over a year. i was skeptical about golo in the beginning because i've tried so many different types of diet products before. i've tried detox, i've tried teas, i've tried all different types of pills, so i was skeptical about anything working because it never did. but look what golo has done. look what it has done. i'm in a size 4 pair of pants. go golo. (soft music) jon: welcome to bloomberg markets. scarlet: that's get a look at the markets. macro concerns outweigh big bank earnings in the s&p 500, only banks are higher on the day, uncomfortably high inflation expectations putting a damper on equities.

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talk to our switch squad at your local xfinity store today. >>> for activity hits a 25 year low , and that is what is topping cnbc on the money. mortgage applications dropped more than 14% last week from a week earlier. that is from the data from the mortgage bankers association. the reports high interest rates continuing to cool demand. third-year pick, now 6.75%. that was last week. the highest rate in 16 years. >>> rei is closing its doors for black friday for good . the outdoor deal for the past seven years. it announced yesterday it is making a move permanent. all stores, distribution centers, call centers, everything closed the company reports instead it will pay its 16,000 employees to just go outside and enjoy. >>> and ford marking the end of its gt supercar production with a final special edition model for rich people. the 2022 for detail and, listen up, ellen for them,. the company reports it is rolling out 20 of these gems, no word on the cost, but the starting price typically around $500,000. ford said to end all gt productions in december. >>> on wall street, the dow down

talk to our switch squad at your local xfinity store today. >>> welcome back to "the exchange" online shopping, as retailers look to moouchve their brands to the metaverse. gucci, gap, have offered vr shopping experiences on roblox and fortnite retailers want to be a part of it joining is dana tellsey, chief resource adviser i got to start off asking, we have seen a big drop and interest in the value of metaverse real estate, interest in nfts. what has to happen in metaverse shopping so it doesn't suffer the same fate? >> i think one of the elements of metaverse shopping, and first of all, thank you very much for having me, is the amount of dollars that brands and retailers are contributing to the platform i think everyones a piece of the gen z and millennial consumer who account for 43% of the population i think we're only going to see more of these brands devote more dollars. it's very much in the early phase. whatever consumer version is happening, they want to be there. >> do there need to be connections to the real world and physical goods i mean, my kids, they spend time in mine

talk to our switch squad at your local xfinity store today. >>> the pentagon and russia military brass are talking again. for the first time in more than five months. lloyd austin suppose to his russian counterpart. stressing the need to keep lines of communication open as the war in ukraine rages on. the phone call comes after russia suffered major set backs on the battlefield. ukrainian forces are closing in on a major city in the south. a big one. ukraine's president is warning that russian troops are planning to blow up a hydro electric dam near the city to unleash a large scale disaster when they retreat. saying the invaders have already rigged the dam with explosives. hundreds of thousands of people in surrounding cities and towns are in danger and russia's plan is to blame ukraine for the disaster. reporting from sky news and its correspondent john sparks on the eastern front. >>> when members go to work they have to do it undercover. it's a matter of staying alive. shells are stacked under a gnarly tree. the mortar revealed in the bushes. for the russians have eyes in the sky.

talk to our switch squad at your local xfinity store today. ♪ ozempic ♪ >> yeah, heard that a time orempic. it's a diabetes medication and it's trending on social media and in hollywood some tiktokers say they're using it to shed weight, and in some cases a lot of it. while it is working, there are side effects people in the medical field are questioning whether it's completely safe for weight loss. here's kristen dahlgren. >> reporter: these days, it's the talk of tiktok >> i just started dropping pounds left and right. >> reporter: the topic ozempic has over 300 million views >> being on this medication has helped me tremendously with my health >> reporter: with scores of users crediting the drug for their weight loss success. ozempic is a drug you inject, meant to improve blood sugar and manage diabetes. but one of the side effects is weight loss, so many are using it off label a trend that may have started in hollywood. talk show host andy cohen even tweeting, everyone is suddenly showing up 25 pounds lighter what happens when they stop taking ozempic since ozempic has gone viral,

line to your existing plan, or see for yourself how easy it is to save by talking to our helpful switch squadur local xfinity store today. ♪. neil: forget about the rebuilding after hurricane ian the rescuing goes on particularly arcadia florida, not that far from punta gorda, florida. steve harrigan is there. when is going on there? reporter: there was rumor on facebook there would be a chick-fil-a giveaway here. that generated cars back as far as i can see. people hoping for a hot meal. now the military has unenviable task there is no chick-fil-a this afternoon. i'm not the reason. it shows some desperation. a lot of people say they have been eating canned goods for several days. they came here to get some chick-fil-a. you see the situation over here. military, national guard, police all out here. this area, much of the city is simply flooded out. we've seen airboats go down. in some places water is up to eight feet. people whose homes are destroyed setting up tents in other people's yards. there is food, water, meals ready to eat. bottled water they're giving out to people. no chick-fil-a

talk to our switch squad at your local xfinity store today. our internet isn't ideal... my dad made the brilliant move to get us t-mobile home internet. oh... but everybody's online during the day so we lose speeds. we've become... ...nocturnal. well... i'm up. c'mon kids. this. sucks. well if you just switch maybe you don't have to be vampires. whoa... okay, yikes. oh sorry, i wasn't thinking. we don't really use the v word. that's kind of insensitive. we prefer day-adjacent. i'll go man-pire. the rally. >>> opec prices in a holding pattern ahead of the key meeting. our own brian sullivan is on the ground in vienna, austria, with the very latest from the oil car tell. >>> and elon musk looking to reverse course, putting an end to a months'-long legal fight and sending the global platform shares spiking in a big way yesterday. it's wednesday, october 5th. you're watching "worldwide exchange" on cnbc. >>> welcome back to "worldwide exchange." i'm dominic chu live here at cnbc global headquarters, but brian sullivan is live at the opec plus conference in vienna, austria. w

line to your existing plan, or see for yourself how easy it is to save by talking to our helpful switch squad today. >> they have access to schools, they have access to hospitals, they are able to in many respects get incentivized and rewarded from the federal government, the state government, and the city and that's only encouraging more people to come across every day and that's a burden. it costs a lot of money. maria: that was new york gubernatorial candidate lee zeldin joining me on sunday morning futures yesterday. he said he is going to call a crime emergency if he win in the first 100 minutes he said and that would mean the end of cashless bail, at least temporarily, breaking news from sunday morning futures yesterday from lee zeldin. more than 30 migrant busses arrived in new york city last week. more than 18 18,006 migrants hae arrived from border states since april a, this as ron he de de ss is planning to send more immigrants to delaware. joining us now, ron vitielo. your reaction as more busses arrive from the border. >> good morning, thanks for having me on. we're still in the m

talk to our switch squad at your local xfinity store today. >>> all right, we're back.ith a note today on a preview of restaurants they say q3 sales reaccelerated modestly from the june pull back demonstrating surprising resilience defensive winners they like. mcdonald's, wendy's, qsr along with a couple others top names have the potential to outperform starbucks best idea is starbucks, mcdonald's and cisco you own shake and dutch. >> these are much smaller. the names i own are a couple million dollars in market cap. when i'm in space what i'm really looking for is not who's going to have the best operating margins next month i'm looking for chains that can go from a few hundred store tuesday a thousand or 3 or #,000. those are the types of stories that get me excited. i've seen a lot throughout my career work out well i think shack and bros have perfect configuration of consumers who like the product, great employees, great base. >> you talked about dominos the other day, that it's come down so much that it's way too cheap fundamentally. that's what you said you're thi

line to your existing plan, or see for yourself how easy it is to save by talking to our helpful switch squadocal xfinity store today. ♪. charles: all right, folks, welcome to a very special edition of chart school. we're talking about how to find value in this market. i want to bring in really when it comes to this kind of stuff the best, fidelity invests global macro director, yurian timber. you posted a lot of shots i really appreciate. i want to share with the audience. the first one is really compelling, when the economy is crying uncle, right? we talk about this line here are financial conditions. we want them to get tighter. we don't want them but the fed wants to get tighter. so they're getting tighter, the terminal rate, the rate which the fed will keep raising rates with keeps going up. i was under the impression as the line rockets higher we get relief from the fed. how much tighter does it have to get? >> it's a great point, charles, and financial conditions which are a real-time window at least into the financial side of the economy, right? so it is stock prices, the dollar, cred

line to your existing plan, or see for yourself how easy it is to save by talking to our helpful switch squadtore today. hi, i'm jason and i've lost 202 pounds on golo. being a veteran, the transition from the military into civilian life causes a lot of stress. i ate a lot for stress. golo and release has helped me with managing that stress and allowing me to focus on losing weight. for anyone struggling with weight and stress-related weight gain, i recommend golo to you. this is a real thing. this is not a hoax. you follow the plan, you'll lose weight. ♪. liz: welcome back. rising gas prices really slamming the midterms with just five weeks to go. and now we've got this new october surprise, an even bigger gas price hike, thanks to opec and russia cutting production. grady trimble has more from chicago. reporter: hi, liz, governor gavin newsom and other california democrats are blaming the high gas prices out west on big oil's greed but the reality is this is something experts have been warning about for several months now. they have said that fuel supply is so tight, any minor disruption co

talk to our switch squad at your local xfinity store today. a teenager in michigan pleading guilty to killing four classmates and hurting six others and a teacher. prosecutors say that 16-year old opened fire nearly a year ago now it is high school in oxford, outside detroit. >> is it true that your actions resulted in death? >> yes. >> he pleaded guilty to all 24 charges against him, including murder, attempted murder, and terrorism. the shooter kept his head down for most of the hearing. he's being tried as an adult this guilty plea would typically lead to a life sentence without parole, but because of his age, his lawyers could argue for leniency. the shooter is due back in court in february. the judge is expected to set a sentencing date after that. and really see move, his parents are also facing charges. they have both pleaded not guilty to involuntary manslaughter. for the first time today, but heard the shooter talk about how he got the gun he used. he said that his father brought -- bought it for him just days earlier. he was then 15

line to your existing plan, or see for yourself how easy it is to save by talking to our helpful switch squadur local xfinity store today. i'm john ehrlichman. kriti: the stock market is down two point 5%. the nasdaq is down almost 4% on the session. coming back from jobs day, good news for the economy, bad for the equity market. a gain of 8000 jobs, yields up only 4%. -- four basis points, excuse

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line to your existing plan, or see for yourself how easy it is to save by talking to our helpful switch squadns have made the switch from the big three to the best kept secret in wireless: xfinity mobile. that means millions are saving hundreds a year with the fastest mobile service. and now, introducing, the best price for two lines of unlimited. just $30 per line. there are millions of happy campers out there. and this is the perfect time to join them... add a line to your existing plan, or see for yourself how easy it is to save by talking to our helpful switch squad at your local xfinity store today. ♪. liz: the sec's inspector general slamming chairman gary gensler for the way he is running his agency. a new report highlights complaints of overwork, communication issues, and a staggering high employee turnover rate for wall street's top cop. get to charlie gasparino. this confirms some of your prior reporting. >> a lot of it, particularly on the turnover part and workload part. we put human russ calls into the sec. this is obviously the inspector general's opinion. i wanted to hear their

line to your existing plan, or see for yourself how easy it is to save by talking to our helpful switch squad today. when people come, they say they've tried lots of diets, nothing's worked or they've lost the same 10, 20, 50 pounds over and over again. they need a real solution. i've always fought with 5-10 pounds all the time. eating all these different things and nothing's ever working. i've done the diets, all the diets. before golo, i was barely eating but the weight wasn't going anywhere. the secret to losing weight and keeping it off is managing insulin and glucose. golo takes a systematic approach to eating that focuses on optimizing insulin levels. we tackle the cause of weight gain, not just the symptom. when you have good metabolic health, weight loss is easy. i always thought it would be so difficult to lose weight, but with golo, it wasn't. the weight just fell off. i have people come up to me all the time and ask me, "does it really work?" and all i have to say is, "here i am. it works." my advice for everyone is to go with golo. it will release your fat and it will release you.

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line to your existing plan, or see for yourself how easy it is to save by talking to our helpful switch squadtore today. stuart: all right 14 minutes until the opening bell. everybody wants to know how we're going to this monday morning. here is the answer. a modest gain at the opening bell. dow maybe up about 100 points, nasdaq up maybe 26. let's get to the war in ukraine. russia missiles reigned down on the capital kyiv. this was the first time we've seen that since june of this year. take me through what do we know? lauren: multiple people are dead the attacks were apparent retaliation one day after vladimir putin blamed ukraine for destroying that key land bridge linking crimea with russia, but it's not just kyiv as you noted residents in multiple cities told to take shelter. the strikes are aimed at civilians and energy facilities and that shows a desperate vladimir putin and the u.s. embassy is urging all americans to leave. stuart: seems to me like revenge is how i'd put it. former secretary of state mike pompeo joins us now here in new york. mr. secretary, good morning to you. >> good

talk to our switch squad at your local xfinity store today. >>> the justice department's most serious the january 6th insurrection, got its first day in court today. a far right militia group on trial, for seditious conspiracy. today we heard opening statements and from federal prosecutors and lawyers for the founder and leader of the oath keepers,duard rhodes and four of his top lieutenants. the oath keepers concocted a plan for armed rebellion, to stop the peaceful transfer of power, stockpiling weapons and stationing quick reaction forces outside washington, one could be deployed, into the city, on a moments notice. they played a recording of rhodes himself saying , that he regretted not bringing guns to the capital on january 6th. 10 has been tracking this case and trial, what have we heard from the defense today? >> the facts are not in dispute, the oath keepers are on video entering the capital, and the text messages and the recordings, they say what they said. so the defense is left to argue that those facts don't mean what the prosecutor says they do, and there was no criminal

line to your existing plan, or see for yourself how easy it is to save by talking to our helpful switch squadt your local xfinity store today. jack: california leading the charge on progressive causes like climate change, and gig workers, some company like tesla, oracle and hp are moving their headquarters to texas and florida. could this threatened the golden state app status as the center of the tech universe? darren fonda, barron's managing editor joins us now. interesting story you have written here. thanks for that. i want to start with this idea that depending on your political leanings california is leading the charge to save the world or driving us all to socialist ruin. two things are true. there is an incredible dynamic economy in california and a lot of companies are leaving it. what are the big things happening? >> the biggest thing the state is doing is leading the fight against climate change, they passed a record $54 billion climate budget which includes a lot of new money for clean energy technology, public transport and support for renewables. the biggest thing they are doing