you have the permian basin in west texas eaglefred shell in south texas to them. this is about their livelihood and getting rid of their livelihood and so that's why people are very like these are folks that are trying to impact me when you talk about defunding the police or defunding law enforcement the number of people that are in south and west texas that are that were have a family member working for border patrol or the sheriff's office or local pd. that's a large. that's a large group of people. so it is this a salt on their ability to to provide for themselves. now here's what's going to happen. it's it's almost accepted. it is accepted that republicans are taking house back in 22. if we had a vote today, some would say likely to send it as well. this is not a mandate from the american people being like hey gop. we love you. yeah for those that are watching on tv everybody laughed here and and and republicans come in and don't have a vision of how we're going to solve some of these problems if we don't if we only talk with the things that we're against all

lisa, i look at west texas intermediate with dr.stein. 163 on oil, a long way from the comfort we had on the barrel. lisa: there is not a lot of comfort from the transition we are seeing right now. that transition with more people buying electric vehicles, this is the tension underpinning the conversations we have had in davos. how do you invest in these refineries and other things if you know that in 20 years, people are going to try to phase them out? tom: we are going to have to see. my debate is on distillates, i get the constructive story on production and the price out of that. to me, it is distillates in america and worldwide. it is about the baytown refinery of exxon, and -- then it is about anything. futures, up 20. four minutes away from claims, four minutes away from michael mckee. this is bloomberg. good morning. ♪ 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

the same situation is with the west texas variety wti.inistry of energy expects quotations to stabilize only next year. anti-russian sanctions have a bad effect on the economy of the european union, such statements were made at the plenary session of the european parliament. some deputies drew attention to the fact that the restriction was not consistent with residents of the eu countries and the course taken, in fact, became a rejection of their own foreign policy. i think that you are dragging us into an economic and geopolitical disaster with sanctions that no one wants to comply with outside. you are constantly demanding the west with a multilateral approach, but you are creating a system that limits us almost exclusively to us relations for small diamonds. according to bloomberg, the company decided to take this step as a result of us sanctions against russian alrosa , the supply decreased and debirs got a chance raise prices by 5-7%, let me remind you. that alrosov is one of the three largest diamond miners with a 25% share of the w

session where west texas intermediate rose above $109 a barrel.d from the worst week in a row on optimism. so oil, is it all g7? this would be a pretty powerful move. reporter: we have oil above $110 in asia training -- trading and it is the g7 meeting, but you also have opec-plus leaders meeting later in the week. a lot of veteran traders will tell you what you are now seeing is what has happened in the last 12 hours, choppy trading. you are looking at the bloomberg showing oil is an unfamiliar ground. it is now bouncing off of a key low. there's a lot of questions about direction from here. there's also a lot of crosswinds. you have the group seven leaders committing to really supporting ukraine in a number of ways. one of the ways is the mowing over the idea of a price cap for russian oil. plus you have two major producers of oil, ecuador and libya, signaling they will have output reductions because of the unrest in their respective countries. layer on the fact that you have demand, very strong right now and concerns about reduced supply. in th

brent and west texas intermediate both gaining almost 1%. crude in the u.s. near $120 a barrel. triple a reporting yet another high for gasoline prices this morning, the cost of a gallon of regular unleaded at $4.86. diesel prices, this filters through to the entire economy, every corner of it. today hitting $5.64, record as we wait for consumer prices, that critical gauge out at the end of the week. a new abc news poll shows more than eight out of ten americans say the economy is extremely or very important as an issue in their november midterm voting. taking a look at markets, all three major market gauges to the plus side as we start a new week. 252 point gain on the dow futures. the 10 year yield hovering above 2.9%, very close to 3% this morning. european markets climbing ahead this monday as we wait for a week dominated by u.s. inflation news but gains across the board if in europe. the english and french markets up more than 1%. and in asia overnight, stocks also up. the kospi in south korea was closed for a holiday. hang seng, the nikkei in japan and shanghai composite t

a gun to the shooter who killed seven people and injured 25 others in midland and odessa out in west texas. the shooter knew he couldn't pass a traditional background pass a traditional background traditional background test, so he traveled to texas and purchased a firearm from somebody who made knock off ar 15's out of parts he purchased over the internet and of course no background check was done and tragedy ensued. the provisions also included a review of juvenile records for fires under the age 21. a backgd only because no one had any insight, official insight into his torturedis background. i've said before, he was a ticking time bomb. somebody who mutilated himself, threatened assaults including sexual assault against his fellow students. as somebody who posted pictures online of the weapons that he bought and threatened online to go shoot up a school. we need to know before somebody walks in and buys a firearm, what their mental health and criminal record history looks like to the extent feasible. then we need to incentivize more states like the state of south carolina and virginia

west texas is down. the two year yield, 0.1%. we will have to watch that. yields are coming in on the recession. we close out with dxy. euro cannot get out of its own way. they have a slight recovery in the last 20 minutes off that pmi data. sterling 122.11. we to have a brief brief on claims. lisa: i want to say one thing about the bond rally. the idea that we are seeing a front and rally even as jay powell says we will hike into weakness to prevent inflation from getting worse. still, people are expecting that they will not have to go as far as he is saying. today, u.s. initial jobless claims. labor markets starting to soften more. services composite and pmi data. kailey mentioned this, we saw pma's -- pmi's falling in the face of some of these costs. it is important to watch if we get this same downside. day two of fed chair powell testifying to the house financial services panel. how does he respond to the two-year yields coming down? the market expects less from him even as he goes harsher saying it is important to get back to 2%. the federal reserve w

west texas is back to 117 or so. we'll watch that overall, fairly steady story all day. the vix around 30. ten year has been steady around 3, 4, and the thinking is 75 basis points this afternoon, there are 3% odds of a 100 basis point move later today let's get to the judge and the half. >>> carl, thanks very much welcome to the halftime report scott wapner front and center, decision day for the fed, fallout for your money. we discuss and debate today with the investment committee less than two hours from the big fed decision carrie firestone, kevin oh lear oh, jon najarian, and joe ter november a and jim lebenthal we are trying to hang onto positive territory we are 30,543. that means 177 to the up side, s&p at 3773. nasdaq has retakeen11,000. and 340, yield on the 10 year note oh, boy. >> jon najarian, 75? >> 75, scott if they give us 50, we will be down 400 before it stops >> carrie, 75? >> absolutely. 75 >> mr. wonderful, 75 >> 100%. 100. i want 100 i want to pull forward july, i want the hit now >> i know what you want. but what is it going to be >> i want to be th

just bay bills launched its new vessel this morning from west texas.inging them back in about a span of 10 minutes. >> passengers included electrical engineer --. that is her. she's about to run and give someone a hug. 26, she is now the first mexican born woman to reach space. the youngest american woman too. she went to college in san diego before transferring to ucla. she now works for nasa while blogging about science. inspiration for so many little girls. >> absolutely. thanks very much for watching nightly news. coming up next. >> we will see you again at 6:00. gh floodwaters, drivers desperately trying to free their vehicles. dozens of water rescues across the city cities smashing their records for rain in a single day >> all these cars on the street floating. >> the system leaving a deadly path across the cariean. a cruise ship rescuing 16 people at sea >>> a major baby formula plant in the country restarted production today its shutdown months ago helped spark the current shortage how long until products reach the shelves.

"the fort worth star telegram" reports a water main break was left -- has left, rather, the west texassa without running water. a 24-inch line broke affecting 165,000 customers. the mayor declared a state of emergency as crews worked to repair the damaged main. the temperature hit 100 degrees yesterday, and officials passed out water bottles. businesses and schools remain closed, and the water's not expected to start flowing again until sometime today. >> we live in this community, we serve in this community, and all of our families are out of water, as well. we want to get this completed as federal government as we can, as well. >> the city warned the few customers who still had water to boil it for safety. >>> "the washington post" says the house overwhelmingly passed a bill to bolster security for supreme court justices and their families. it comes after an armed man was arrested outside justice brett kavanaugh's home last week and charged with attempted murder. the senate passed the bill last month after a draft opinion was leaked indicating the court is getting ready to overturn a

ah, did dishonor the stitch lynn from west texas coast become a rising star, contemporary art. and so quickly, lou, and what does he and others think of his success? mclamore and he's an artist who lives in his time and with his contemporary, alyssa, a notice down a few of them in the most recent star in the firmament. and he's gone through the roof in terms of attention, price out of it, and also incredible recognize ability or send it with such a meant is one of the rates of it for some of us. because we know that you can make it and totally up make it in. i was born in, i was boy, yeah. you know, so and then at some point i move with my father to medina. and then when he died, because we came back here because this were my mom stay so they moved back to my father is a fisherman. so when you goes foresees i'm down there. so i have to basically stay home and look after my siblings. and then, you know, you have to invent your in games because you mostly stuck on the house. that's where my friends also get to come to the house. and that's where we kind of start drawing in to. it

prevention laws and this debt -- 10 states with laws like us have the lower per capita gun deaths west texas and florida wait exceed us. when i say epidemic proportions just this year alone we are talking 2022 there have already been 240 what has been defined as mass shootings and that is where four or more people are killed by a gun and the reason we do have fewer in california is we have an assault weapons ban and a really thorough background check and a waiting period before you can get the gun and we have the red flag law which allows us if we know somebody close to us who is making credible threats of violence ainst themselves or others then you can get a restraining order quickly and get guns out of their hands temporarily to help prevent gun violence and that could have been done for the uvalde shooter and so many people and i first initiated that law in 2014. >> there are a few more bills making their way through the legislature right now that you are supporting and in addition there is more funding being proposed by the legislature and above and beyond what the governor proposed. >>

: today, jeff bezos' blue origin sent six more people to an altitude of more than 60 miles over west texas the company's fifth tourism flight. among those on board, the first mexican-born woman to fly in space. and like a rocket, gas prices keep rising. a new record high was hit again today. nationwide, a gallon of regular averages $4.82. and that's a steal compared to this station in mendicino, california. it's charging nearly $10 a gallon. now to the latest on covid-19. nationwide, new infections have eased, down 6% over the last two weeks. hospitalizations are also down, but it's a different story in california. cbs' tom wait is in west hollywood with more. >> reporter: good evening to you, adriana. well, as you can see here in west hollywood, thousands are filling the streets for pride celebrations. but the concern is big events like this one could fuel a surge in covid cases across the country. large crowds are gathering at pride events, beaches, and airports, just as covid cases are climbing in california, triggering a return to indoor mask mandates. >> it's kind of annoying to go ba

as a big picture despite the rebound we are seeing in west texas intermediate crude, the big picture is heading for the first monthly decline this november. what is interesting is we have 10 leaving a rebound, because of optimism about china. china is the biggest market for metals and the economy has been improving as it eases up on the covid-19 measures. industrial metals are still on track. the biggest quarterly plant since 2008 and -- growth since 2008. they took off in a huge surge due to covid lockdown. that is all over it. the view is that the worst is over. reducing a 21%. nickel, aluminum, copper, all rising. look at the multi-day charts. goldman sachs, a prominent analyst saying that the base metals decline was a function of liquidation due to the market turmoil and not fundamentals. he expects the price pressures to likely linger for a while. back to you. haidi: be sure to tune in to bloomberg radio to get more from today's newsmakers. get analysis from the daybreak team. you can listen in via the app or bloombergradio.com. much more ahead, this is bloomberg. ♪ haidi: takin

take a look at the cost of crude oil this morning to the plus side, gains on brent and west texas intermediate, up about one-third of 1%, thereabouts, this monday. gas prices easing, off the recent all-time highs, a gallon of regular unleaded now at $4 -- well below $5 a gallon. meantime, the cost of diesel hitting a record high last week at 5, 81 a gallon, today's average at 5, 79. the yield on the 10 year treasury moving up more than 3.1% at 3.17%. that's off the recent highs. again, signs that maybe the federal reserve won't get as aggressive. take a look at stocks in europe this monday, in england, france and germany, we have gains in those three major markets. world leaders gathering for day 2 of the g-7 summit in germany where the group announced they're closes to agreeing on a russian oil price cap and tariff hikes. we'll bring you the latest all morning long. take a look at asia overnight, gains in south korea, hong kong, japan and shanghai. it was a good monday for stocks in asia. "mornings with maria" is live right now. ♪ r-e-s-p-e-c-t. ♪ find out what it means to me. ♪ dagen: democr

because i want to give a shadow to one my good friend, colby of west texas, the best cowboy i know, it's his birthday and there we all are. i love him, happy birthday colby, happy 40th. >> you guys look amazing. that doesn't for us but come back tomorrow 5:00 p.m. eastern and will have the big sunday show. >> police man shot and killed a former judge there, bipartisan hit list of federal officials. good evening, i am jon scott and this is fox report. ♪♪ wisconsin police say retired judge john roemer was targeted for a killing at his home by suspect with the hit list. on it wisconsin governor tony evers, mission governor whitmer and senate minority leader mitch mcconnell. much more on this just ahead. economic news, the productions with nearly 400,000 new jobs added last month but gas prices hitting another record high today. families nationwide struggle to find baby formula. as the humanitarian crisis continues at the southern border, d.o.j. appealing a ruling to keep title 42 pandemic restrictions in place. tennessee for hogan senator marsha blackburn is standing by and we have fox team

if you put this video we went back out to the big bed sector in far west texas. his is incredibly hot, dangerous and desolate terrain out there. almost like a martian landscape in some areas in the middle of nowhere. we embedded with texas dps once again on the lookout for runners. and believe it or not we found a group basically halfway up a cliff behind a big boulder in the middle of nowhere eight illegal immigrants. some of them wearing camouflage. just goes to show how far out of the way some these migrants are willing to go to avoid being copied from her ice director has been a frequent critic of the biden administration policies at the border. he said things were magnitudes better when president trump was in charge, take a listen. >> how many women didn't get raped by the cartels customer company children didn't die? how many americans didn't die of drug overdoses? how many billions of dollars of the cartel not make? a secure border saves lives were joe biden is done along with mayor chris is almost treasonous. things have been busy in the rio grande sector

fox news went back to the sector, west texas, extremely remote, hot, dangerous, desolate terrain almoste a martian landscape where migrants will go way out of their way to avoid apprehension. basically in the middle of nowhere on a cliff in a mountain where you will see we came across eight illegal immigrants hiding under a boulder in the middle of nowhere, several of them wearing camouflage. a reminder of how far out of the way migrants will go to avoid apprehension. also since october 1 here in the rio grande valley sector, a source telling fox news there have been more than 32000 known getaways, migrants they've seen on cameras or sensors but they don't have the manpower to get to. the numbers, one single sector here at the southern border. >> bill melugin, thanks very much. arthel: more on president biden convincing latin american leaders to take more action against mass migration. together they signed what they called a declaration on migration and protection of the americas in los angeles yesterday. president saying immigration and border security not just the u.s. >> they depend

west texas intermediate crude oil rose above $116 a barrel in a sign of skepticism over the output hikee european union has approved a thick package of sanctions, including a possible ban on russian oil, this after hungary blocked objections. pipeline crude will be spared for now as a concession to hungary and other landlocked countries. ukraine's central bank has more than doubled its benchmark index rate in its first policy move in four months. the central bank raised borrowing costs to 25% from 10%, and that is the highest level since 2015. the move is to help stave wartime inflation which soared to 17% in may on an annual basis. policymakers signaled the move -- the bank will move toward rate cuts once inflation starts to ease. i'm su keenan. this is bloomberg. david: there we go. i'm glad she ended that on the rate hike out of ukraine. yesterday, one of the big stories was maybe 50 basis points out of the ecb at some point. that's really one of the big stories. you have the fed, oil, obviously, stocks on hold. that's the move up on the 10-year bund yield this week. nearly 30 basis

tom: euro-swiss through parity. 119.50 brent with a spread to west texas intermediate. netherlands natural gas, which i don't understand, other than javier bloss saying is important. jonathan: don't be too selective with the stories. yesterday we talked about china coming back online after easing some quarantine for travelers. xi came out and said herd immunity, no thank you. let's stick to covid zero. that was a pretty strong statement. such strategies as herd immunity would lead to consequences that are unimaginable. stepping away from covid zero anytime soon? the leader of the communist party in china has other ideas. tom: there has been a little tick up in the variants, and the statistics. not concerned but something to watch out for. we welcome all of you on bloomberg television, radio. jon, are you going to stay with us until mine :00? 28 minutes away from the conversation of the year in central banking. francine lacqua leading central bankers. we start the half-hour with jay bryson from wells fargo. i want to take the other side. something david rosenberg talked

texas with heat advisories 100 degrees in the areas and with the heat indexes, south texas and west texasin del rio, that is early. we could hit records. >> janice: keeps you up to date, happy monday. >> carley: happening right now in one state, dozens of methodist churches refending religious beliefs when it comes to lgbtq community. >> todd: tax on guns, critics say that is not very. >> not a law will stop the shooters when we have people who are responsible for enforcing laws who don't do it. >> todd: cheryl casone is here to explain that. honey, what's guy fieri doing at the neighbor's house? it's sliiiiiiiiii-der sunday! everyone grab a king's hawaiian slider! ...slider sunday? sliiiiiiiiii-der sunday! we've got philly cheesesteak sliders on king's hawaiian slider buns! oh, my. and we got cheeseburger sliders on king's hawaiian pretzel slider buns! sliiiiiiiiii-der sunndayyyyyyyyyyyyy!!! [crash] everything's better between king's hawaiian bread. especially now with king's hawaiian pretzel buns! maybe next time use the gate? psoriatic arthritis, made my joints stiff, swollen, painful.

tom: i am going to focus on brent crude, six dollars away from west texas intermediate, up 2%, differentn a few days ago. jonathan: is that the china factor? tom: i think it is a global demand issue. certainly emphasizing pacific rim and emerging-market demand is part of that. maria tadeo is in madrid. she will join us in a bit. annmarie hordern in germany on the austrian border joins us this morning. i want to go to see peoples -- steve peoples, writing of the stunning one million registered voters moving from democrat to gop, many of them in the suburbs as well. does the democratic party apparatus really care about the g7 meetings? are they riveted on the midterm elections back in america? >> all politics is local. if you have the president here, he is going to make sure he has a domestic voice or angle and he goes back. this is part of being the president of the united states. you have to take part in global diplomacy. even here at the g7, while the war in ukraine has loomed large, for all of these majors, including the president, is that angst back home and what you are alluding to.

benchmark west texas intermediate is off .75% ice brent crude is $116.73 off .75% as well this comes as nbc news confirms president biden will head to saudi arabia this month and hopefully find a way to bring more oil on to the market here a busy morning for cryptocurrency bitcoin and ethereum at least mixed in trading bitcoin prices are $30,392 continuing to move above and below the 30,000 mark. we have .50 losses for ethereum. >>> we will get to the latest o what is happening, but a check on the top stories outside the markets. silvana henao is here with those. good friday morning. >> good morning, dom the actix is e is coming down o tesla. the electric carmaker needs to reduce staff 10% in the email, pause all hiring worldwide. having super bad feeling about the economy. tesla not immediately available for comment. shares of tesla are down more than 26% this year >>> the fascinating of unionization efforts, apple is agrees to make work schedules at retail stores more flexible. according to bloomberg, the company says the changes will take effect in the coming months and include su

taking a look at oil prices to the brent and west texas intermediate gaining this day.ar unleaded gasoline hitting all-time high today, same story for diesel, again, what fuels inflation, diesel moves to economy. at 5.77 a gallon but still hitting a new record high. european markets reacting to what happened on wall street yesterday, losses across the board there. biggest loser the cac quarante in france more than 1%. in asia overnight it was a mixed bag for the market, the kospi and south korea both lower. in california, police released the mug shot of paul pelosi who was arrested for a dui. what took them so long? we will tell you all about it. mornings with maria live right now. time for the word on wall street, top investors watching your money, joining me optimal capital director of strategy, francis newton stacy with us all morning long, garthman editor, denise garthman and payne capital manage rent, ryan payne. denise, let me kick it off with you. the s&p 500 officially in a bear market, dow and nasdaq both plunging as well. futures are pointing a little bit high

west texas intermediate was above 120. latest forecast saying oil is likely to fall further if we look at a big picture of oil in the last year. but the path ahead, he says, will be bumpy. translation, you can expect a lot more volatility going forward. shery: -- haidi: extending that route with furnaces idling in china. su: that is adding to concern about a slowdown in we've had china's progrowth policies failing to offset the growing fear that could possibly be a glut of steel. the build up is now overtaking the previous concerns of supply shortages. futures in singapore for iron ore have lost a quarter of the value over the last two weeks. this as the chinese economy is struggling to emerge from the covid related lockdowns. distill producers, as mentioned, have been shutting down these furnaces. they shut down eight blast furnaces. that's tripled the rate from six days ago. a lot of companies just putting them into maintenance. we should point out that molten iron output is falling by more than 54,000 tons a day. analys

it presents a story of texas as about the west. texas is the west you think of cowboys you think of cattle ranchers. are you think of oilmen? and in the film, of course, it tells us sort of a founding story about in the beginning. there was the cattle rancher. and the cowboy and then his life and i say in the book texas is a white man, texas is constructed as a white man and in this story. his life is interrupted by the oil man who comes along and you remember from the film if you've seen it the conflict between the cattle ranchers and the oilmen who eventually in the end come together and everything is harmonious. but something is left out of that. and what's left out of that the person the man you could say if we're going to continue with this with this this trope what would be the plantation owner that is left out of it people in the main from what i've discovered as a texan outside of texas don't think about texas and the institution of slavery. texas is the west not the it's the southwest but the southern part of it isn't really. de

of your father ♪ ♪ on the front lawn with no shirt on ready to take the world on ♪ ♪ beneath the west texas miss about being alive this is what ♪ ♪ i'll miss after i die my body ♪ my boy the sun now time's the undefeated ♪ ♪ the heavyweight champ laughing in his face as it dance ♪ ♪ like sugar ray used to be "c'mon c'mon" but now "no mas no mas" ♪ used to be "c'mon c'mon" but now "no mas no mas" ♪ ♪ a a window to the past of your mother ♪ ♪ in a skirt in the cool kentucky dirt laughing in the garden ♪ ♪ haha back where it all started with a smile on her face ♪ ♪ everything in its place got a glimmer in her eyes seems to say ♪ ♪ this is what i'll miss about being alive ♪ this is what i'll miss about being alive and this is what ♪ ♪ i'll miss after i die ♪ this is what i'll miss about being alive ♪ this is what i'll miss about being alive and this is what ♪ ♪ i'll miss after i die this is a photograph a window to the past ♪ ♪ of me on a front lawn ready to take the world on beneath the tennessee sun ♪ ♪ inside the kingdom got a glimmer in my eyeee and a] >>> tonight, we of america's most dang

the average cost of a barrel of brenz grade will leave more than $ 17, the same situation is with west texastm expert. energo expects quotations to stabilize only next year. anti-russian sanctions have a bad effect on the economy of the european union, such statements were made at the plenary session of the european parliament. some deputies turned attention that the restriction was not agreed with the residents of the eu countries and the course taken, in fact, became a rejection of their own foreign policy. i think that you are dragging us into an economic and geopolitical disaster with sanctions that no one wants to comply with outside. west, you are constantly demanding a multilateral approach, but you are creating a system that limits us almost exclusively to us relations. application. it works on the principle of an aggregator of the offers of various online stores and currently covers about 50,000 products note in the company in the application sellers who accept live through the yukas provider can get on this i have more and more information in the next chat. according to the nato cl

benchmark west texas intermediate at 12$122.22. ice brent crude is up. 119.97%. in crypto, bitcoin continues to hover around the 30,000 mark prices are higher. $31,424 is the last trade. ethereum is up to below $1,900 the entire cryptocurrency ecosystem is up. >>> that is here we have a developing story overseas it is british prime minister boris johnson facing a vote that could remove him from power after dozens of his own party lawmakers wrote letters calling for his ousting. rosanna lockwood is following the drama. rosanna, what can you tell us about whether or not this is possibly going to happen could boris johnson be removed >> he needs 180 members of the conservative party later on today, dom, eight hours from now to say they have no confidence this is as close as an impeachment in the uk. votes of no confidence do what they say they say we don't have confidence in you as leader. former prime minister theresa may survived one a few years ago. this story has been brewing for months in january, the investigation launchedinto the parties held at 10 downing st

. >> we are west texas. >> they love covering barack obama.y love covering bill clinton because those were young, charismatic guys. joe biden does not lay any wood on that republicans. he is fighting putin harder than he is fighting the republican party into that media could republicans are the enemy and they need to be attack 24/7. they cannot stomach poll after poll that shows their guide at 38%. you can see them getting physically ill on the air and talk about the parent companies, at&t, comcast, they are looking at the market every single day and have lost count what, 20%. their stock prices are down and now the donors are not happy either. thing is almost done. now the media is basically starting the primary. the primary has begun. now the primary is anybody but bernie sanders. because the media hates bernie sanders and have to democratic party hate him. so they are protesting him. but everyone knows it is going to be a flop. he only shot they have is doing -- >> i want you to take a listen to this sound of stephen colbert sucking up to a

. >> yep surprise build in oil inventories, that means oil, west texas is back to 117 or so.t overall, fairly steady story all day. the vix around 30. ten year has been steady around 3, 4, and the thinking is 75 basis points this afternoon, there are 3% odds of a 100 basis point move later today let's get to the judge and the half. >>> carl, thanks very much welcome to the halftime report scott wapner front and center, decision day for the fed, fallout for your money. we discuss and debate today with the investment committee less than two hours from the big fed decision carrie firestone, kevin oh lear oh, jon najarian, and joe ter november a and jim lebenthal we are trying to hang onto positive territory we are 30,543. that means 177 to the up

you told you before, stephanie, i'm a gun owner and i get it and i get what my constituents in west texas want, at the end of the day, everybody i talk to wants to raise this age limit, republicans and democrats. >> some texas officials have floated this idea of arming teachers, something the majority of teachers in texas absolutely do not want. i want to share what congresswoman ayanna pressley of massachusetts, the point she made earlier today. >> only in america do we consider arming teacher and want families to pay them a livable wage. >> what do you think about that? >> 77% of teacher does not want to carry weapons in the classroom. that's not what they signed up for. they didn't sign up to be cops. they signed up to teach our children. that's what they love to do. and not arming teacher, not one door, as some people in the legislature would have suggested, not having every cop have a ballistic shield, none of that is going to fix the bottom line problems, putting militarized weapons in the hands of 18-year-olds. it is madness. and greg abbott refuses, refuses to do even what his col

i get what my constituents in west texas. the end of the day, everybody i talked to wants to race this age limit. republicans and democrats! >> some texas officials have floated this idea of arming teachers. some think the majority of teachers in texas absolutely do not want. i want to share what congresswoman, ayanna pressley of massachusetts, a point she shared about this earlier today. >> only in america, do we consider arming teachers while failing to pay them a livable wage. >> what do you think about that? >> well, you stole the poll right from under me. 77% of teachers do not want to carry weapons in the classroom. that's not what they signed up for. they didn't sign up to be cops, they signed up to teach our children. that's what they love to do. but not arming teachers, not one door is -- some people in our austin legislation would have suggests not having every cops have a ballistic shield. none of that is going to fix the bottom line problem. and that for putting militarized weapons in the hands of 18 year olds. it

but they didn't tell me who. >> susan and her husband made the long drive across west texas. >> that's're the ones that told me that maliek had been arrested and his girlfriend. >> what were you learning about dolores? >> i didn't know anything about her. she was no one. she was no one to me. >> assistant u. s. attorneys jim warwick and ken clark met with dolores and maliek. >> i introduced myself to mr. kearney. >> and you also got a chance to speak with miss delgado. >> we presented to her the facts that we had and the evidence that we had compiled against her at that point in time. >> after the arrests came a new lead. a tip to detective harding from an ex-boyfriend of dolores's in florida. >> he called me and said hey, one night i was hanging out with dolores and we got rid of a gun. and he said, "i think that was your murder weapon. " >> i mean, do you get calls like that every day? this is pretty remarkable. >> i wish. but we don't. >> investigators met with a tipster in merritt island, florida. he said that not long after karlyn's murder he and dolores delgado had burned some cl

slightly below $120 a barrel saudi arabia briefly raising the price of its crude there you see west texasabout a half percent. we're also checking on wholesale gasoline futures known as r bob, still up in the past week and down 1.5% today and up 4.25% over the last five days. the ten-year yield jumping to over 3% today and it is still short of the 3.17 we hit back on may the 9th. the bond market looking ahead to friday when we get the latest reading on inflation and so will cpi show some cooling and indication that inflation may have peaked. right now you're looking at the yields, what is it right now 3.038. to rick santelli now who is with the chairman and ceo of sibo and a new era of what's known as open outcry. rick >> yes you know, tyler, it's amazing because i thought we'll never see another exchange open up with actual hume arngs but i was wrong and here is the chairman and ceo edward tilly known as ed on the floor ed, welcome. >> thanks. >> congratulations on the success of the opening of the new trading floor. maybe you can tell me why you're opening up a hybrid with people while

three-month highs set after russia's invasion of ukraine demand for gasoline still rising and you see west texas2 a barrel natural gas down 5% after an explosion at the largest lng facility in the u.s. john kilduff saying this could bring prices in the u.s. down, but impact exports which could send prices higher in europe there you see nat gas down about 7% meantime, let's bring in brian sullivan now brian just spoke in person with the person, president biden has% ass assigned the difficult task of trying to bring oil prices down. what did you learn, brian? >> it's not an easy price and the oil price of the$122 a barr and it's works with the u.s. sector and saudi arabia and other nations around the world to improve his supply. his name is hockstein, a special envoy for energy security and arguably one of, if not one of the most important people in america right now for energy policy he has the ear of president biden. he travels the world in fact, he's trying to help broker that deal and meeting with saudi arabia. i'll get to that in a second and we are at the rbc power and infrastructure in new

greenlake energy, a private company that explores, drills and produces oil and gas primarily in west texas pleasure to have you on today. >> hi, seema it's great to be here. thanks for having me it's not for the u.s. to produce more oil, but to take significant action what exactly are you calling for? >> look, it's time to have a blunt and honest and adult conversation with the american people we are in the middle of an energy crisis here the good news is we have the resources and the capabilities to stem that crisis, but we need regulatory and policy certainty. we mentioned the high gas prices across the country right now when you look at policy and policy matters, the state of georgia is deficient in fossil fuels and yet it has the lowest gasoline price across the country. on the flip side, california has the highest gasoline price in the country and sits on the treasure trove of resources. so policy really matters and we need approximately see stability and we need to do our part we need to continue to drill >> what do you think that would actually look like >> well, we can get incremen

me their successful program to provide training for behavioral health intervention at schools in west texas. school-aged children, it's no secret sometimes in school, know who the person is, the kid who is getting into trouble, the kid who's actually self-identified, and this is a way to provide the guidelines for that behavioral intervention that can be life-changing and life-saving. by establishing these behavioral intervention teams, the bhig act helps to encourage prevention measures and interventions on -- before youth mental conditions worsen or become even more serious. unfortunately we continue to see the consequences of not addressing mental health issues. this rule also contains h.r. 5585, the advanced research project agency health act or arpa h. arpa-h is modeled after the defense advanced research project's agency, darpa, and the advanced research projects agency and energy. the goal is to bring a greater focus on the research and development of our greatest health care challenges and areas where the private biopharmaceutical companies are unlikely to explore for scientific or

something better, i am in charleston because i want to give a shadow to one my good friend, colby of west texas love him, happy birthday colby, happy 40th. >> you guys look amazing. that doesn't for us but come back tomorrow 5:00 p.m. eastern and will have the big sunday show. >> police man shot and killed a former judge there, bipartisan hit list of federal officials. good evening, i am jon scott and this is fox report. ♪♪ wisconsin police say retired judge john roemer was targeted for a killing at his home by suspect with the hit list. on it wisconsin governor tony evers, mission governor whitmer and senate minority leader mitch mcconnell. much more on this just ahead.

arrested this group of 19 illegal immigrants dressed in camouflage in the remote big bend sector in west texasizona, sector, border agents found another 16 men in camouflage smuggled in the back of this you haul truck. -- you haul truck. in the last 24 hours alone in the rio grande sector, there were 1,400 illegal crossings. over the weekender, border patrol arrested a murderer, rapist and six ms13 gang members. shannon? >> shannon: bill melugin, thank you very much. slinkfla it, it ion, out not a new concept but in the current economic climate, americans are seeing a lot less for the same. leslie martial and jason are joining me now. welcome back to both of you. i want to put up major brands dealing with the shrinkflation. you're paying probably the same or more for these same products but look at this, fewer ounces in bags of gummy bears, folgers coffee. if you're not paying attention to the packaging, you may not realize you're getting less. here is what the president said in defending his handling of the economy and blaming others. >> i don't want to hear any more of these lies about reckl

that is equivalent to 160 on west texas intermediate? >> yeah.ean i think, i think we're going to need to see that sustained, not just really a spike to there in order to start to see real demand destruction. i mean so far, if you're looking at this summer, we're not seeing any demand destruction in the u.s. at this point. there is a lot of pent-up demand for travel. people spent the last two years locked at home, ordering stuff online. people are choosing to travel over retail spending. we look at us air bookings, us air bookings to europe, this stomacher 93% of covid level. south america, 59%. caribbean above 2019 levels. >> yeah. so to that point, you make the point obviously, listen, we've been pent-up. nobody wants to pay it. if we got to pay it now to go see grandma, whatever to the beach, haven't been there couple years, fine. most people think we'll suck it up somewhere else. you mentioned traveling overseas. gasoline is disaster here. it's a much bigger problem around the world. if you go to europe in a rent a car, bloomberg piece saying

xle, the spider energy index, is pretty much at its three-year highs, west texas crude closing at a 13-week high yesterday, we do have it at this moment slightly lower in the after market, the price of retail gasoline, on track for its 13th record in a row. yes, and that demand destruction experts have been waiting to see with gasoline hitting $8 in some parts of the u.s.. simply not happening. flip it to natural gas up 148% year-to-date just got thrown a curve ball of fire at an lng terminal in texas triggered a wild move in europe's natural gas price. the freeport lng facility which exports a fifth of liquefied natural gas much of it to europe will now be offline for repairs for three weeks. the benchmark european front month gas contract at the dutch ttf hub rose as high as 12.6% in trading today, europeans now paying close to $95 per mega kilowatt hour. do these numbers tell the super- cycle story now as the commodity complex taking over tech territory for the long-haul, let's bring in scott bauer, sarge guilfoyle. let's take the shot live brand new trading floor there, scott, and