arabile gumede who joins us live from london. what are economists predicting yeah, so that s going to be very interesting one, right, we ve seen from labor market data pointing to what was fairly positive lut now pressure being applied to that jobs market. the job opening numbers just from yesterday really gave a clear signal those interest rate hikes of the united states are perhaps beginning to do some work overall as well so the market is in pretty much negative territory i think yesterday after snapping a four day winning streak economic factors now playing into the market, inflation being key among those as to where exactly things will go even hearing from some of the fed chair people as well really with regards to what they anticipate and how they see things perhaps going, perhaps another hike in interest rates
unemployment. 192,000 is low. it is very low by historical standards. what it suggests is that the u.s. labor market remains very strong. in traditional times, that would give the federal reserve cover to continue with these rate hikes, especially with inflation being what it is, being so high and so problematic. but now the federal reserve has to consider potentially creating more damage in the banking industry and the impact, the spill-over effects it could have on the global economy and certainly the u.s. economy. now the fed finds itself in an even more complicated picture. one thing i can tell you, wolf, a week can change a lot. a week ago the expectation heading into the federal reserve meeting next week was 50 basis spoints, 50%. it s not looking like .25%, maybe even a pause. thank you very much. just ahead, i ll get reaction from a key democratic lawmaker to the dramatic video showing a russian warplane harassing a
there to help especially with inflation being what it is. thank you so much and good luck to you. thank you. thank you. ashley: you re welcome. house republicans have their hands on bank records related to the investigation to the biden business dealings and there is a major new twist. there were three different biden family members that received a cut from the $3 million, including a new biden family member that has never before been included in the investigations. ashley: that is new, we ll look at how this new revelation could change the entire investigation. todd: and governor ron desantis cracking down on miami hotel that hosted a racing drag queen christmas event with kids in the crowd. details next.
it s important to have the national guardsmen, armored vehicles on the area where we don t have a border wall. going back to the border wall, it s important to have an infrastructure in place to close the gaps, without that, you have to use, you know, manpower, which is national guard, troopers, border patrol or armored vehicles in this case, essential to border security. charles: i was in the security police the air force, and nuclear weapons, but we learned deterrent is the biggest thing as you mentioned. exactly. charles: lieutenant olivarez, thank you, appreciate you. thank you, charles. charles: a surge for the border, and now hoping for a surge over sales on the weekend. nate. despite budgets being tight with inflation being what it is, a lot of consumers are taking advantage of the deals that are being offered, the national retail federation expects 166 million shoppers this holiday weekend. now, it started on thursday,
now threatening to stop do or die shopping season in its tracks. good with morning, everyone. i m charles payne many for cavuto, and this is cavuto live. more on that rail strike in a minute, but first, how holiday shopping is kicking off this weekend. nate foy is tracking all the action outside of macy s in harold s square, new york city. nate. reporter: charles, good morning. yeah, a r09 of people getting ahead of that potential problem with the possibility of the rail strike, getting the items that they want while they can. and on top of that, a lot of people have tight budgets with inflation being what it is. but despite that, a projected 166 million consumers will be shopping between thursday and monday this holiday weekend. black friday so far the busiest day. take a look at this graphic. during that a- day stretch 5-day stretch, consumers are expected to spend $34.8 billion, which is a 3% increase from haas year. now, the official numbers from black friday haven t come in