it is phenomenal. we have the latest out of the united kingdom right now. they are battening down the hatches because a resurgence in cases has them closing pubs earlier urging people to for the better part of valor quit congregating in large groups. good luck on that. meantime we're looking at a spending bill that could be in disarray. could be the fault of the whole supreme court. it was in the president's favor but, because of differences that some democrats have put up, to make it a more harder fight than that. chad pergram, hey chad. >> this is not a five-alarm fire until funding the government, they still have the end of the month to do that but there is concern. i was told the house of representatives was scheduled to vote on the interim spending bill might pull back on that. they are negotiating with some members and treasury secretary steve mnuchin is testifying today, indicating he is negotiating with the speaker's office. you have moderate democrats, a freshman democrat on iowa concerned about farm provisions which are not in the interim spending bill which would keep the government open through december 11th. also notably senate majority leader mitch mcconnell expressing his concerns as well. but they have some time to work this out. as i say this is not a five-alarm fire just yet. if they were to have a government shutdown in the middle of a pandemic, trying to confirm a supreme court justice, at the same time trying to do a coronavirus bill, they would have hit for the cycle. back to the supreme court fight it looks as though senate republicans will have the votes to forge ahead to try to move a nominee this fall. mitt romney, the republican senator from utah indicated he was okay trying to do this in a presidential election year. listen. >> on the other hand nominee after party in the same party as the senate they typically confirm. president trump's nominee is consistent with history. i came down on the side of the constitution and precedent as i have studied it. i make the decision on that basis. reporter: in the past 18 hours romney and republican senators chuck grassley, cory gardner flash ad green light to proceed with supreme court nominee in presidential election year. gop iowa senator joni ernst was more nuanced in her statement. there are only two republicans oppose moving ahead, lisa murkowski of alaska and susan collins of maine. senate minority leader chuck schumer had it with mitch mcconnell after the kentucky republican reap fused to consider president obama's nominee merrick garland in 2016. >> the mcconnell rule, the american people should have a voice in their selection of the next supreme court justice. turns out the mcconnell rule was nothing more than a mcconnell ruse. reporter: senate minority leader chuck schumer saying he thinks no one has defiled his word, no one has defiled the senate more than mitch mcconnell. neil? neil: chad pergram, thank you very, very much. another development we're watching, testimony out of the federal reserve chairman jerome powell and treasury secretary steve mnuchin steve mnuchin talking a lot about how things stand with the pandemic and what stimulus has brought us. without it we would be in deeper trouble. seem to be telegraphing that. seems to telegraphing it woe be better than not having still more stimulus down. good luck on that part. edward lawrence following it all in washington. reporter: very interesting hearing, democrats are peppering the steve mnuchin, the treasury secretary about the next relief package, that the economy may not be as rosy as he says it is. pushing federal reserve chairman jerome powell for for another stimulus package saying it is kneaded to boost the economic recovery. listen to this. >> the ppp, there is very strong bipartisan support both committees in the house and senate worked on revisions that are necessary revisions. we look forward to working with both parties. >> that could be passed today and signed into law today, is that correct? >> the president would very much support signing into law additional ppp money immediately. reporter: that is obviously the treasury secretary steve mnuchin, he is talking about how he would like to see targeted help for hotel industries, for the travel industry. also a second bite at the apple in the ppp program. they want to reallocate some money for that. federal reserve chairman jerome powell was making the point there needs to be more fiscal stimulus. they put that in. baked that in to their projections going forward. listen what he has to say about why? >> reversal of economic fortune has upended many lives and created great uncertainty about the future a full recovery is likely to come only when people are confident it is safe to re-engage in a broad range of activities. the path forward will depend keeping virus under control and policy actions taken at all levels of government. reporter: those policy actions, he says that the fiscal policies should work in tandem with monetary policy and there should be another push there from the fiscal side. this is really the glass half empty, glass half-full, republicans saying they brought back 11 million jobs of the 22 million that have been lost and done much faster than it happened after the great recession. back to you. neil: all right. edward lawrence thank you very much. backdrop is supreme court fight who will replace ruth bader ginsburg who passed away at age of 87. republicans seem to have a confirmation going and vote going. depends on who the president chooses. nancy pelosi has gone on record, that democrats are prepared to put out all the stops to get what they want. take a look at this. >> we have our options. we have arrows in our quiver that i'm not about to discuss right now but the fact is we have a big challenge in our country. neil: all right. it's a big challenge where neither side is even remotely approaching or even talking to the other side. that is possible, given my next guest here. john boehner former speaker of the house. jackrollly, former democratic caucus chair. they joined on number of fronts. proving you can get things done, move the ball forward if you get past a lot of political agita all of that. john boehner, good to have you. joe crowley the same. >> thank you, neil. >> good to be with you, neil. neil: thank you, guys, john boehner i want to go to you first because i know i have to wait until you get your spring on the house, a washington memoir, but may i say, sir, based on the cover alone, this is going to be any political tome or otherwise. the cover is a mix of austin powers, and dare i say, barry white. brilliant, touche. what's inside it? i guess that is important too? >> well, neil, it has been a fun project putting it together. it is not some agency political memoir. it tells my whole story buts does it in a very interesting way. i would say a very entertaining way. neil: what i would like about it, when you were speaker before that a rising republican star, you had a brusque manner, i guess some would look at it this way. you never took yourself too seriously, you would always throw a zinger here and there including members of your own party. is it safe to say, speaker, this and that cover will be illustrative of the approach you're taking? >> i think, neil, you know me pretty well, but what is and the is me. i wrote every word in the book. and trust me, you will get the whole story and i won't be any different than i have ever been. neil: all right. because it has a "mad men" feel to it. rarely does a book generate this kind of excitement, sight unseen. joe crowley, that will put enormous pressure on you when your book comes out. it is not too long. you will have to do something like this. i don't know if you get a similar chair or backdrop but that is a tough act to follow. joe, let me all seriousness begin on this notion, some of your fellow democratic friends have been honing in on this nomination, the president is on the verge of making of the supreme court on saturday, saying stop at all costs. we have other arrows in our quiver to quote nancy pelosi, alexandria ocasio-cortez says we must do anything and everything we can to stop this. what do you make of all that? >> before i do that let me just pay tribute to my friend, former colleague john boehner t was a pleasure working with him in the house and a special gift of getting to work with him in my posthouse career [inaudible]. he is a great american. when it comes to this particular issue it is at the heartstrings of all americans and i don't know what those arrows are in the quiver. what i do believe is that there should be no confirmmation before inauguration and i just think out of, general sense of american fairness that, that be the case. neil: you know, john boehner, maybe mitch mcconnell planted the seeds for this by not taking up the merrick garland nomination four years ago when barack obama still had 10 months left of his presidency, so this is a tit-for-tat on part of democrats, you did that, we will subscribe to the same rules you did then. democrats have said in the past it is not a good idea to do it in the middle of an election year. of course here we are. where do you think this goes? >> well, neil, the constitution is pretty clear that the president will nominate someone and, it is up to the united states senate to confirm them or not. but republicans have the majority in the united states senate. the president is a republican and i know what was said a couple of years ago but the constitution lays out the case where the senate can proceed and frankly i hope they do. having this hang out there through the election day i don't think does anybody any good. now some would say it is a rush okay. that is risk you still have to take with the voters but it looks to me like, joe, they're going to proceed. i would venture to say whoever the nominee is probably already sits on the federal bench. has probably already been vetted and confirmed by the senate at one time or the other for the position they currently hold. and so this is not like reinventing the wheel here. this ought to be able to move rather smoothly over the next five or six weeks. neil: you might be right about that. the two most frequently mentioned names, judge amy coney barrett and judge barbara lagoa who already sit on courts that needed senate confirmation, have been fully, fully vetted. so we'll see where this goes. but joe, on this notion that democrats have promised if this were to go through that i believe it was ed markey of massachusetts, that we will proceed with trying to pack the courts, address the filibuster thing and on and on we go. where does all of this go? >> well i don't think, neil, this happens without consequence regardless, whether it is senator markey has been suggesting or, whenever it would happen if the president not reelects which my hope that vice president biden is elected. neil: wait a minute. you're not for donald trump. i didn't get that in my notes. >> so i do think that is, doing this before the election stirs great emotions, certainly on both sides the passions. but i think also the level of unfairness as we see reference to four years ago, and what mitch mcconnell said then, what, what the senator graham said, senator grassley said, all these senators are now switching their positions on exact same issue. they can nuance here and there. they said, this would not be taken up in a presidential election year. that is exactly what they're doing. in fact they want to ram it through before the election itself which is incredibly, i think unfare. but besides unfairness i don't think it makes good judges. neil: yeah, hard to say. democrats too have done a 180 on this because of experience four years ago. speaker boehner, speaker i guess the one question for you, this idea that everything else is stopped, i mean because of this, there is concern that a measure to keep the government lights on to avoid a shutdown is in jeopardy. stimulus measure linked to the virus might also be delayed or denied. that it is proving, you know in washington these guys can't walk and chew gum at the same time. what do you think of that? because that is, that is the cynical view of what is happening right now? >> well, i understand but, these are all operate on separate tracks and you know, they can deal with the funding of the government, whether they will do another stimulus bill or not while the judiciary committee and the senate focuses in on whoever the nominee will be. they can do all of this. but it is the united states congress and you put too many ingredients in a boiling pot you're not sure what you're going to get. neil: yeah, i guess you're right about that. joe crowley, i'm just wondering depending on how the election goes of course there will be a lot of big issues, ongoing concerns about the virus. we have over 200,000 deaths in this country. we have spikes in cases going on all across europe right now, particularly united kingdom where they're looking at the potential of a second lockdown. france is in a similar sort of conundrum. we already see israel in a second lockdown. are you worried if joe biden were to get in we could have a whole new virus crisis on our hands? >> i think that is out of joe biden's hands. i think it is out of donald trump's hands. the virus has a mind of its own. there are things we could be doing, should have been doing to help reduce the effect much virus in the states. we mentioned 200,000 mark. as i said before, 5% of the population of the world but have 20% of the deaths related to covid-19. we're the most modern country in the world. yet we have more deaths than anyone else. there has to be something gone amiss, something gone wrong here, that led to this catastrophe here in the united states. so, i do think that joe biden will have a great deal on his hands amongst other issues. economic issues in terms of dealing with the covid-19 fallout. that will have to be addressed as well, but i think joe biden is up to that. i look forward to seeing him as president, working with him. neil: you know, real quickly on this, john boehner, the criticism of joe biden has been because of his limited appearances in public and some, sometimes stammering responses to reporters that he might not have his fastball for the debates and that, you know, could be in some trouble there. how do you think the debates go? how important do you think they will be in deciding this once and for all? >> the debates will become very important. there are questions about whether joe biden is really up to this. i don't know but we're going to find out during the debates. september 29th which isn't very far away, i think chris wallace is hosting the first debate. i'm looking forward to it. but neil, remember this. polls don't decide elections. voters do. and while pollsters try to figure out who will show up and vote, it is basically their best educated guess. when you go back to 2016 this race is almost in exactly the same place as it was between donald trump and hillary clinton four years ago. and go back four years ago what happened? trump people showed up and hillary did not. so it is going to be interesting to see who shows up and votes in this election, but, i'm going to tell you today i think this election is, probably 50/50. it is a very close election regardless what the polls say and and voters will decide. neil: final question for both of you, do you miss it? do you miss, you know, being in the arena and making the kind of decisions you were making, now you're observing very well in private life. i take nothing away from that. joe crowley to you on that, do you miss it? i miss the people. i miss my friends and colleagues. i look back, was disappointed not enough is getting accomplished. for instance, john and i have been working on pension reform, the need to address issues of central states pension issue. that cannot seem to get the light of day in terms of the house and senate getting together and agreeing on that. i don't miss any of the lack of, better term the bs. you know that we had to deal with but i can tell you that i do miss the people, both sides of the aisle. i miss the interaction. but you know, i also am enjoying the life i'm in right now working with john boehner. it has been really fruitful and healthy for me. neil: well as you should. john boehner, you had inimitable response when we raised last time to you, something to the effect, if i get the quote right, zippity do-dah. are you over all of that, are you still over all of that? >> i'm very much over that. i would rather set myself on fire than get in the middle of this. neil: i think i know where you're coming from. gentleman good to see you. always remind me when i do, you can discuss it without turning into a food fight. john boehner, joe crowley, thanks for reminding us of that, still possible in this day and age. can't wait for the book, john. please put us on your list. we love to have you on that, former speaker of the house. joe crowley the former democratic caucus chair. much, much more. that is a book cover for the ages. we'll have more after this. i'm hector. i'm a delivery operations manager in san diego, california. we've had a ton of obstacles in finding ways to be more sustainable for a big company. we were one of the first stations to pilot a fleet of zero emissions electric vehicles. the amazon vans have a decal that says, "shipment zero." we're striving to deliver a package with zero emissions in to the air. i feel really proud of the impact that has on the environment. but we're always striving to be better. i love being outdoors, running in nature. we have two daughters. i want to do everything i can to protect the environment to make sure they see the same beauty i've seen in nature. my goal is to lead projects that affect the world. i know that to 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likes of jerome powell, steve mnuchin, treasury secretary, they're in front of house financial affairs committee right now. they're saying among other things more fiscal support is needed. many fomc participants, those sit on feds ral open market committee assume more action is baked into their forecast. that is looking increasingly unlikely as things stand right now. the war of words continue between the parties but we are following all of that. then there is the issue of the virus. we hit over 200,000 deaths in this country. it's a seminal level that gets people to step back and look at the severity of all of this, and globally where cases and deaths have already, deaths already eclipsed the one million mark. a lot of points in europe are seeing right now renewed spikes that has been talking lockdowns or at least severe restrictions in the likes of the united kingdom and parts of france. enter the confusion this is creating for college kids around the world but particularly in this country where they don't know where things will go. so a lot of them are taking so-called gap years a year off, until the colleges, maybe their own families can sort of get their arms wrapped around this. jackie deangelis is following all of this and joins us right now. jackie. reporter: good afternoon, neil a lot of to think about for college students, let me give you numbers here for perspective. 78% of students taking a gap year, felt it useful clarifying what they warranted to do in life. 31% said the gap years should be mandatory. polling showing one in five students are considering the gap year now because of covid-19. here are the risks of returning to school. you could get sick on campus. school could shut down again, paying tuition, learning virtual, you ask am i getting the same bang for the buck. the risk of being saddled with all of the debt, students worried about getting a job before. that situation could be worse right now. the gap year allows the student to take full advantage of time off to explore opportunities, for example in the hospitality industry where cape resorts is working with students to train them with certain skillsets. listen to cape resorts founder here. >> there is some folks, students, that don't believe they want to learn virtually. they think it is expensive tuition for that experience and so they're willing to take time off from school and do something differently. reporter: so here is what cape resorts is doing. they have small business operations, skillset learning process, entrepeneurship, marketing and finance, human resources, culinary arts, entertainment, project management. this isn't about waiting tables for example, neil, in the hospitality industry. it sounds more like a business school curriculum with practical experience. cape resorts has facilities in cape may, new jersey and sag harbor, new york. they use social media outlets to reach out to students to find people for the program. they're working with 15 students. the program is 90 days. if i were a student i would consider one of those locations for the next semester or two, neil. neil: they don't seem too shabby, thank you very much, jackie deangelis. so many kids as jackie points out the weird position do i go, not go, in person, virtual, sometimes a combination. it is a mess. confusing. can't blame them for thinking maybe i should do something else. looking back to the virus right now and concerns abroad it is picking up steam, a lot of steam, particularly in the united kingdom talking the possibility of another lockdown, the second, about five months since the last one. this one is looking more real amid restrictions that are so sweeping they go from closing pubs early to limiting how many people can be at a store and it is much more involved than that after this. i have an idea for a trade. oh yeah, you going to place it? not until i'm sure. why don't you call td ameritrade for a strategy gut check? what's that? you run it by an 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yesterday and in fact boris johnson acting today, going to the house of commons and the parliament here in london and telling them that the corona caseload is doubling, hospitalizations are doubling. more than tens of thousands of infections of covid-19, hundreds of deaths in months to come. here is what he had to say. >> for the time-being this virus is a fact of our lives and i must tell the house, and the country, that our fight against it will continue. reporter: that fight includes some pretty stiff measures, neil. pubs, bars, restaurants, closing earlier. more masks being worn, more social distancing. after encouraging folks to go back to work he is saying that people should stay home if they can. this is backed up with stiffer fines, beefed up by policing, even the army possibly playing a role. johnson is telling folks chafing at the covid-19 restrictions, yes this is not a full lockdown. schools, offices retail, they can stay open. the economy here has been hit very badly though. people today again are worried this could affect certain sectors like the travel and hospitality sector very, very hard. finally johnson echoing what his science medical officials said yesterday, these measures staying in place for six months he said. we haven't heard that from any politician. he has been pretty forthright well into the next year, either when there is a new vaccine or covid-19 has subsided, or both, or, neither. back to you, neil. neil: or neither, right. greg palkot, thank you very much, my friend. go to nile gardiner of course. he is former foreign policy advisor to maggie thatcher, among other things. neil, it is so asking we're so caught up about our country, whether the president knew it or took too lightly but now boris johnson is facing the same heat, isn't he? >> great to be with you today, neil. certainly a big day on the covid-19 front in the uk where the prime minister announcing a wave of new restrictions. it is not another second lockdown yet but certainly some strong measures being implemented. boris johnson is coming under very heavy fire i think from all sides of the political aisle over his handling of covid-19. i think overall the uk has done okay. it is about average in terms of where europe is, in terms of you know the rate of infection, the death rates and so on but certainly nowhere near as good as say, germany, which had a spectacularly good response to covid-19. growing calls in london for the prime minister to adopt more after german style approach. the germans really have done a great job in terms of testing, tracing, dealing with the -- situation. so the germans have been extremely efficient on this front. i expect the british will follow the german model in the months to come, trying to avoid an overall second lockdown which could be i think hugely damaging for the british economy. certainly i think this is a tough time for the prime minister on many fronts. he is also dealing with a huge battle with the european union over the uk, eu trade agreement which hopefully will be in place by the end of the year. and so it's a tough time for the prime minister. you know, my view is that you know, he is doing, he is doing what he needs to do at this time but, if the infection rate increases significantly in the uk in the next few weeks, there will be calls for a second lockdown which of course will be hugely unpopular i think with the british public. neil: obviously complicate the whole brexit thing to your point nile, i'm wondering though, one of the few global leaders who had the virus t was touch-and-go when we did. we remember him in the hospital. no one was talking about his status. people were afraid, my god, will he make it? it clearly changed him. it clearly readjusted his priorities. you're closer to i am in all of this. is that the case? what is he like now going post through this near-death experience? >> as you mentioned the prime minister nearly died several months ago from covid-19. he staged an incredible recovery and it was a very close call i understand with regard to the prime minister's situation, health situation several months ago. it was a life and death situation. so he made this amazing recovery. we have to give boris johnson a lot of credit actually for leading the nation after, you know, after nearly succumbed to the virus himself. i think he is acutely aware of the dangers that are in place. he is trying to balance the need for economic recovery for the uk with the need for, for some significant restrictions in terms of dealing with the virus. i think overall, i think the prime minister deserves, deserves a lot of credit. it is incredibly difficult situation. the uk is doing a lot better than countries such as spain, for example, which have implemented far more more draconian measures than the uk. the prime minister is doing the best he possibly can in extremely difficult circumstances. neil: these measures he is taking now are meant to avoid a second lockdown. do you think they will? do you think they will be able if everyone adheres to them prevent a shutdown of the entire uk economy again? >> i hope so and i think the measures that have been implemented today, announced today, are also common sense measures actually. a lot of measures actually that the prime minister is calling for, are similar to the kinds of measures you actually see in a lot of u.s. cities. i don't think they are in any way draconian measures. some of the proposals are unpopular. for example, closing pubs at 10:00 p.m. is not a popular move in the united kingdom. the call by the prime minister for workers to, to work from home if they possibly can, i think will be heeded by many british workers. so i don't think it will significantly damage the british economy. and i think the prime minister is trying to at all costs avoid another second, you know, lockdown scenario which i think would certainly negatively impact british gdp growth. would have extremely damaging impact upon the, you know, the restaurant industry, the hospitality industry, for example. i think that the prime minister's proposals today are sensible, they're limited in scope and scale. and i think that if, yes, if closely followed by the british public, then the uk should be able to avoid a second wave draconian lockdown as variety of companies like spain, for example, have extremely hard-line measures that are very damaging for european economies. neil: economically stops everything to your point. nile gardiner, thank you very much. good catching up with you. stay healthy and safe yourself, my friend. as we're talking i want to bring you up to speed with the back and forth with tesla. today is battery day. today was going to be the day, it will be a little later on where elon musk will outline some very revolutionary developments not only in battery life, but mileage you get off a single charge, all of that. he telegraphed, sort of dampened expectations, downplaying all of this. that is weighing on the stock. we simply don't know what he is going to say on the battery day, because that is the lifeblood of all these vehicles, the battery, its sustainability and how far you can get on a single charge. we just don't know. we have some ideas right after this. l look back and remember the moment that things, for one strange time in our lives, got very quiet. some lost work and invented new ways to get by. others were busier than ever, and found strength they never knew they had. we sheltered with the people who matter most, sometimes finding how far apart we'd drifted. we worried over loved ones, over money, over our planet. and over take-out. and we found a voice one the noise out there had kept quiet. when the world starts spinning again, let's remember this time where none of us felt secure, and fight for a future where everyone can. because when the world seems like it's standing still... that's the perfect time for us to change it. that's why i've got 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remain untold. find and honor the veterans in your family. their stories live on at ancestry. neil: all right. where do things stand with tiktok? in the middle of the whole supreme court thing and dust-up on stimulus and everyone talking about what happens if the government shuts down we lose sight of this transaction, it is a big one and a lot of things are called into play here not only corporate independence, but whether the chinese will still have a big role in all of that. charlie gasparino has followed it more aggressively and diligently than anyone on the planet joins us with the latest. where does this thing stand now? charlie: it may get further pushed out because the justice department is readying a case over google and it is search, just how broad it will be we don't know yet, that could come as early as next week. they promised some case by the end of september. our sources say it is coming down to the wire. you can throw that into the mix. we're dealing with tiktok. what is fascinate about this story, neil, just how many twist and turns it has gone inside of the administration. it is clear the administration can't make up its mind on key aspects of this deal and, then there is also the crony capitalism stench that they're trying to run away from here. so a couple of things here where we are right now, and you know, this could change by the end of the day, neil, that is the type of story it is. tiktok itself is looking at just in case the trump administration doesn't approve its deal with oracle that gives it life beyond the september 12th ban deadline, it is looking at this court ruling, i think an appellate court, appeals court ruling in wechat essentially prevented wechat or put a restraining order or temporary injunction whether wechat, the other app that was band can be banned. so that haas been delayed because of the court. because the courts, people we're hearing from inside of tiktok is that they're looking at that court ruling as some sort of precedent that if the trump administration says no to this, you know, they may say no, they may say yes, we don't know right now, there is a good chance they could prevail in court at least keep this thing going until after the election where more friendly biden administration, if joe biden gets elected could come in. maybe after the election, you know the political i impetus for trump to ban a chinese app is not there. they believe a lot of this is just, you know, is finger wagging by the trump administration because china and, as you know tiktok's parent is a chinese company and part of this political, not necessarily real national security concerns. so at least that is part of the strategy. obviously they would like to get this done yesterday. and here's why it is not done, i would just say this. tiktok's parent refuses to give up control of the algorithm of tiktok. that is key. you could sell whatever you want, you can call it, put lipstick on this pig any way you want to, various quasi-ownership structures, the al go is the company, the algo will be own bid the chinese. they have been stung by crony capitalism charges. let's unpack this. of the oracle is ownedly larry ellison, mo is the deal partner. oracle will make numbers like a billion dollars managing tiktok knits cloud. larry ellison is a huge trump supporter. that charge is hard for the administration to get around that. this is pretty clear, crony capitalism he is directing this deal to one company and it is his friend's company. meaning president trump's friend's company. that is what the administration is dealing with, both trying to make this not a chinese deal which is almost impossible and make this not a crony capitalism deal, which is almost impossible. so, big, stuff is, i guess i would say in the next day or so we'll get some indication, but i've been saying that for how many days now? [laughter]. back to you, neil. neil: you have indeed. someone is going to be getting some tweets. that is all i'm saying. charlie: i'm prepared. neil: following all of that. in meantime we have the dow down a little bit here. kind of holding its own. we've been looking at real estate. home sales out today are on a tear. best we've seen in 14 years but a lot of people are hot to strout. i want to renovate home i'm already in. i don't know if i want to sell it. here's the thing. stand in line. everyone has the same idea. who benefits? who waits? after this. so you're a small business, or a big one. you were thriving, but then... oh. ah. okay. plan, pivot. how do you bounce back? you don't, you bounce forward, with serious and reliable internet. powered by the largest gig speed network in america. but is it secure? sure it's secure. and even if the power goes down, your connection doesn't. so how do i do this? you don't do this. we do this, together. bounce forward, with comcast business. ♪ neil: all right, home renovations are the big trend right now but good luck getting what you need. everyone is doing the same thing. grady trimble is in gary, indiana, with more on all of this. what is going on, grady? reporter: the shortage right now, neil, is appliances this is a house in the process of being flipped. it would being on the market except for the fact that people flipping it can't get a dish walker, stove, and all those things. it is taking some time. ryan steele, the man behind the flip of this project. you're struggling to find appliances. >> everywhere we call, they don't have them in stock. it is seven, eight weeks for a refrigerator. six weeks for a dishwasher. it is crazy. reporter: people doing home improvement projects because there is a work stoppage. supply ask way down. >> warehouses were all depleted everyone was staying home. factories were not open. reporter: trying to get products like this. ryan happens to be one of them for a home he is trying to flip. he wants one for his own home. he is unable to do that. people waiting up to two months for their appliances, neil. neil: guy in charge, if he has to wait, can you imagine. grady, you and i have to stand way back. we have to wait longer. grady, thank you very much. very interesting. in the scheme of things not all that surprising. housing, real estate, they have been on fire right now. we told you about homebuilder sent meant, highest actually ever has been. so that is a nice back drop what ever confusing is going on in the stock market. there is that die cotly. we'll be exploring it a little bit more with the underlying economy which looks good while the markets look, well, confusing. stay with us ♪ ♪ neil: all right, this is a day for economic leaders to be talking right now. we told you about jerome powell, the federal reserve chairman, on capitol hill along with steve mnuchin. we're also getting some comments out of district president thomas barka, i believe of richmond, virginia. don't hold me to that. he is saying right now -- and he is speaking at a separate conference, not the one going on in washington -- that he thinks we can avoid a second shutdown of the economy. he's taking a leap here, talking about, you know, virus issues over which he has no control, but he thinks the way we've got it handled in this country, we'll avoid that. the other two gentlemen i was referring to, jerome powell and steve mnuchin, are talking about the fact that the economy's looking okay, we've come out of the pandemic okay, stimulus had a lot to do with that. they both seem to be saying more stimulus would help. the difference between at least political parties is how much stimulus is out there. lauren simonetti exploring all of these issues. lauren. >> neil, i think you're saying there's a lot of dysfunction in d.c. right now, and that political issue has certainly become a market issue. i've got three big reasons for the chop i biness that we're seeing today -- choppiness. investors don't know how to trade these headlines. the election is coming up, we will likely not know who the winner is until after the election, maybe january. then you have what's going on in the u.k. there are new restrictions to contain the virus. they said they could lost last for six months. we're talking about march 2021. and also right here at home as the death toll tops 200,000, that's the negative. fiscal stimulus is stalled in congress, and fed chair jay powell says that's not helping anybody. >> the economy will be begin to feel negative effects at some time. i think it is likely that more fiscal support will be needed. >> well, let's see if we get it. investors are losing confidence in the economic recovery that we've seen thus far, worsened by a so-called second wave of the virus that could further hurt business without providing new new cushion for them. and this is what's boosting the stay-at-home plays today. take a look here, zoom, up about 5, 6% yesterday, many of these names are up again today. there they are. look, on the game makers like electronic arts. if you look at big tech, there's been a rotation out of that sector, but today it's looking better. amazon got an upgrade to outperform at bernstein. they say, look, the recent pullback that amazon saw, that's a buying opportunity. it's attractive at this level. also the housing market. i know you've been talking about it. booming is an understatement. you look at the previously-owned home sales in august, 14-year high. supply dwindling, prices going to a record $310,000, but this could also be a negative because it makes affordability a headwind for an otherwise healthy market. and that just sends the message to investors that september and the rest of this year, it's bringing a reality check to investors. if you can take a look, all three major averages are down in the past week, and if you look at the broader market for the month of september, it could be the first down month in six months. so in march, the pandemic. neil? neil: amazing. all right, lauren, thank you very much. lauren sum netty on all of that -- simonetti. so the economic impact of what all of these folks are staying the right now, danielledimartino, dallas fed adviser. danielle, the fed seems to be i saying steady as she goes, we like what we're seeing, but if we had our drutherses, we'd like to see a little bit more stimulus. what did you make of at least jerome powell's remarks thus far? >> jerome powell was asked pointedly, you know, would you consider repurposing the main street lending program that had been for loans of a much higher level down to $100,000 or less, we're truly talking about loans to mom and pop companies to stay in business, and he would think he would need a whole different program in order to launch something like that. i think the message here that people need to understand is that the fed is able to get people into homes, it got mortgage rates at record low levels, so if you've got a job, then you can certainly get a mortgage. but that is able to help business big business, the transition mechanism into the stock market, the fed's ability to help the 55% of americans who own stocks, that's intact. but i think the fed and powell and other fed officials, they're all over the calendar this week, they're pleaing for more fiscal stimulus, acknowledgment that the fed's ability of maximizing employment could fall short, and that's truly problematic given the persistence and permanence of the employment that we're seeing set into this economy. powell mentioned today he was concerned about people losing their homes in the coming months. neil: you know, rebecca, i always wonder, it's easy to sort of judge this after the fact, no way of knowing what things would have been like if not for all the fiscal stimulus, to say nothing of all the monetary stimulus which actually i i clubses the fiscal stimulus in sheer trillions of dollars, i guess. where do you think we'd be without that? >> oh, i think, neil, we would be in a depression greater than the great depression. because this is the first time even when we had the spanish flu a hundred years ago, we didn't voluntarily shut down the economy. there was a world war going on during that time frame, and people were leaving and fighting and building and, you know, we were in the middle of a war. so this is the depression greater than anything we've ever seen. and i think that we have got to get some consensus, and i know it's an election year. it's the worst time this could have actually happened. it's the beginning of a new dad, a presidential election, you've got politics playing here, but i feel sorry for powell. as much as they've contributed to saving what we're not in the middle of a depression, it requires this government -- as long as they keep telling people to stay closed, and this government is doing that all across the country -- then we're not open, and we have to have government stimulus. i'm not a proponent for it, neil. but not in this case. you can't tell us we can't work and then not help us buy and make our house payments and buy food for our families. so there's got to be a happy medium. and, you know, just look at the airlines. both united and american have said massive layoffs are going to happen if the government stimulus doesn't come back before october 1st, you know? that's just one example of, you know, a sector that is going to be decimated if we don't get government stimulus and we don't get reopened. neil: yeah. they want at least another $28 billion. right now jetblue has already cut back on capacity fearing the likelihood that they will not get that money. danielle, i notice in the middle of all of this interest rates, if they can go down any further, have been going down further. this is just something that we all get used to, right? i mean, 0% rates, i mean, forever? >> well, you know, that is the question. and fed officials, starting with last week's fed announcement, fed officials have been i trying to say that it's going to be years. you don't need to plan on anything, you know, look out on your calendar to 2024, we're going to stay low. but the problem is, neil, is it's a recognition of the fact that we're not going to have any dynamism in our economy, the ability to pull out of this. the unknow vegas, the intend newspapership -- innovation, entrepreneurship, the small business sector has literally been devastated by this, and it's not encouraging for me to hear fed officials say, you know, we're going to be sitting close to zero for a very long time because zero is not the kind of number that you want to associate with a future that holds prospects for most working americans. neil: all right. danielle, rebecca, want to thank you as well. we're still early on in this process, guys, so we'll see what happens. my next guest might know a thing or two about where we go in washington, kathy mcmorris rogers, congresswoman from the beautiful state of washington. congressman, thank you very much for joining us. first on the efforts to keep the government lights on, to avoid a shutdown outright and then the stimulus measure linked to the coronavirus. i know the two parties are far apart. for all i know, the effort to keep the government functioning, you guys might be far apart as with. can you tell us the latest? >> right. well, the latest, unfortunately, was speaker pelosi and the democrats introduced in the house a continuing resolution that really introduced partisan politics to it. they took out one of the most important provisions, a must-pass that had been agreed to by the white house, by the senate, by the house which was focused on needs within our commodity programs for our farmers. and that had been awe agreed upon, and yet the speaker and the democrats decided to take a different path. they changed course which is complicated, the negotiations. and unfortunately, this is must-pass to keep the government open, to avoid a government shutdown which is in no one's interests right now given all of the uncertainty and all the challenges that we face within our economy and the fact that main street largely remains shut down. neil: i want to get an idea from you, i know you're in the house, so you don't, you know, involve yourself in these supreme court battles, but it does appear, congresswoman, to be stopping everything or potentially putting a hold on everything. we already have nancy pelosi saying, i think you intimated it, we have other arrows in our quiver. i don't know what she means by that or whether there could be action in the house either stalled or stopped to influence this whole thing including impeachment. where is this going? >> well, it's really discouraging when the speaker and the democrats are more interested in scoring political points than actually doing the business, the hard work of legislating. it seems they're not willing to give any concessions, and they're more focused on other, other things as you're talking about whether it's the supreme court or other priorities that they have around the election. you know, what we need to be doing is focusing on our economy, focusing on small businesses that continue to struggle due to no fault of their own, that they were shut down. we need the legislation to provide more flexibility within the paycheck protection program and extend it until the end of the year. the democrats are refusing to bring that for a vote in the house. steve chabot had introduced a bill but the end of the week, i'm a cosponsor, but many believe that small businesses need this. our main streets are largely continuing to be shut down. restaurants and hotels are really struggling, and this has all lasted longer than anyone imagined, and we need to be taking steps to open up our economy responsibly, safely, open up our schools responsibly and safely. that's one of the best things we can do, but that's not happening. that's why this is so important. neil: they say republicans, the democrats cite, congressman, that republicans are being cheap, that they were willing to cut a trillion dollars off of their plan, you guys went the other way and actually made your plan less. what do you say to all that? >> well, i, what i say is that the democrats have not given concessions. they have, they've demanded more money for state and local governments. they're not coming to the table to get serious about what we need to be doing for small businesses. the liability protection, for example, businesses, hospitals, others that are operating in good faith that have implemented the guidelines that public health has demanded of them, and yet they're facing lawsuits. that's one of the biggest reasons that we can't get the schools open, is because of liability. and they are not willing to talk to us about liability protections or what's really going to help small businesses. and small businesses are the engine of our economy. it's the small businesses that are the start-ups and the entrepreneurs, those that are taking those ideas and doing something with it all across this country. it's really discouraging. neil: all right. we'll watch it very closely. kathy mcmorris rogers, we'll be watching this. congresswoman, thank you very much. good catching up with you. be safe and healthy yourself. all right, we talk about being safe and healthy, all of that, growing concerns what's happening in europe could be a problem here. now, we've had a federal reserve district president of i all people say he doesn't think that's going to happen, but the medical community, they're more divided on this subject. why that matters to you and, yeah, why it matters to your investments, after this. ♪ ♪ neil: all right, a little bit earlier mitt romney sort of ended the suspension and said he would support a vote on a trump puck for the supreme court to replace ruth bader ginsburg. he follows the likes of republicanty gardener of colorado -- cory gardner of colorado, also we've seen a number of others move in this direction, chuck grassley, lamar alexander, that they support the right for a vote up or down. a lot of people have mistaken that to mean it's only lisa murkowski and susan collins who do not, and with the republicans maining towning a lead of 53-47 in the senate, assuming they all vote in unison -- that is, these other senators -- that would be one more vote than is necessary for whoever the president picks to be the next supreme court associate justice. but in the middle of that, you have a court that right now has eight total justices, right? so it's a 4-4 court. that could be a problem if you need a convincing fifth vote the make any sort of pivotal decision without reverting it back to the lower court. david spunt has been following all of this right now and how it's affected the court's docket in the meantime. david. >> reporter: hi, neil, it certainly has. and to even top it all off, the fall term of the supreme court begins two weeks from yesterday. so the clock is ticking. that's going to be monday, october 5th. it's going to be a dramatic difference though without the presence of justice ginsburg, someone who sat on this bench since 1993, appointed by bill clinton, and she frequently, neil, participated in oral arguments, asked many questions. but as you mentioned, with just ought justices on the bench -- eight, we could see several 4-4 rulings, 5-3 ruling, it really just depends on what the case is. but there's one scenario that court watchers are calling a nightmare scenario. that's if the presidential election takes place november 3rd and we don't know who won for several weeks after and there's some kind of court ruling or motion that comes up to the supreme court. i mean, think about bush v. gore in 2000. you had a full supreme court then. they ruled george w. bush became the president. but in this case, that's what has many people concerned that this could be a possibility. it's one nobody wants to happen. i spoke to a law professor at georgetown, neil, who has argued in front of the supreme court 21 times about this situation. >> all the justices but particularly i the chief justice work hard to make the court seem not like a political institution, but a legal institution that's applying the constitution as lawyers, not as politicians. and this particular scenario, this kind of political food fight right around the election -- >> reporter: yeah, political food fight is something that the now-ought justices certainly do not want -- now-eight justices. there's going to be the affordable care act, known as obamacare, has beening at the merits of that case, also specifically looking at the mueller grand jury documents, whether the u.s. house of representatives is entitled to that. this kicks off october 5th. neil? neil: david, thank you very much. i swear you have a cot there, david. i know you've been sleeping there, just tell the truth. [laughter] >> reporter: it's comfortable. neil: all right. got it, all right. david, thank you very, very much. david spunt at the supreme court doing yeoman's work, following the ins and outs. i had a chance to speak to joe crowley, they both acknowledge this is a very heated politicized environment where each pseudois trying to get the edge. -- side is trying to get the edge. democrats have said in the past that it's not a good idea to do this in the middle of an election year. now, of course, here we are. where do you think this goesesome. >> well, neil, the constitution's pretty clear that the president will nominate someone, and it's up to the united states senate to confirm them or not. >> i think also the level of unfairness as you referenced four years ago and what mitch mcconnell said then, what senator graham said, what senator grassley said, all these senators are now switching their positions on the exact same issue. neil: all right. to jerry on what he thinks of this, author of "we should have seen it coming," jerry, you touch on some of these very big topics in that book. but on the issue whether anything is going to get done in this environment, it seems unlikely, but your thoughts. >> well, look, this is one thing this congress has to do, leaving aside the supreme court debate, they still have to fund the government past october 1st. they're probably going to do that. but even that is now in question because there's a remoney/democratic dispute on that spending bill where last week it looked as if it were all going to be taken care of. it has to do with education spending and agriculture assistance for farmers. even the most basic things in this environment -- and by this environment, i mean this congress, this political polarization period and this stage of the calendar -- nothing can be taken for granted. neil: so, jerry, when the speaker alluded to we have other arrows in our quiver, what was she referring to? things like this, spending measures, keep the government lights on, the coronavirus relief bill? all the above? >> i think probably all the above. it's hard to know for sure, but i think the one that is probably most potentially dramatic is what happens after the election and after a supreme court confirmation. when speaker pelosi and joe biden finishing he's president, they're going to be under enormous pressure to basically drop a nuclear bomb on the supreme court system. there's going to be pressure from the democratic caucus and out in the country at the grassroots to basically say, o.k., that's the way the game is going to be played, if this is all about sheer political power, we're going to a use all our authority and expand the number of justices on the court, and we're going to fill those seats with our appointees to make up for the two illegitimate appointees that were named at the -- one that was not named at the end of the obama administration and one that is about to be named at the end of the first trump term. and then you have, you know, basically a free-for-all. and there's going to be a lot of anger in the country already. i think it's bad right now, it could get worse with. neil: you talk about a political revolution, actually you argue the seeds were set long before donald trump, after ronald reagan. i thought of ronald reagan, of course, who got reelected a an overwhelming landslide. there are doubts about whether that could be repeated with donald trump, and i'm wondering if he were defeated, if the president were defeated, does that populist revolution, whatever you want to call it, end? what happens after that? >> i think that's the great question republicans will confront either if donald trump loses this fall or even four years from now, the question will be the same, and it's the one you frame, neil, is this the end of the road for trumpism, and do we veer back toward traditional reagan conservativism or stay on the road toward populism and nationalism as basically the creeds of the new republican party? or, and this is what's most intriguing, is it possible to marry those two? can you take a populist, national u.s. message and a traditional conservative message and try to meld the two together. so there's kind of a new version of reagan conservativism, one that is more willing to use government power to help industries and manufacturers that are in trouble or to help the working class which is increasingly the backbone of the republican party and a get a little bit away from libertarian economics, retain conservative -- ree main conservative but also take into e account who makes up the ranks of the republican party in 2020. that's what a lot of smart young conservatives are trying to figure out. you're going to be a republican party that has a choice of three roads, trumpism, conservative reagan conservative -- traditional reagan conservativism or a middle course between those two. neil: good luck on that, jerry. [laughter] [inaudible conversations] >> thank you. neil: i hear ya. jerry seib, thank you very much. good catching up with you. we mentioned a little earlier in the broadcast here that it's battery day, a marketing event really for elon musk, who's going to talk up some dramatic changes in the technology behind these batteries that are all about these electric cars and certainly the ones in his that can go very, very far on a single charge. now talk that the latest wave of new batteries he's talking about could last a million or more miles, can go significantly further on a single charge. he has since kind of dampenedded expectations ahead of that, and that's one of the reasons why his stock has been getting hammered a little bit. thinking this big event night no be a big -- might not be a big event. maybe that was a head fake or maybe people are getting all charged up about nothing. see what i did there? all charged up -- [laughter] forget it. we'll have more after this. ♪ ♪ ity. now you can trade stocks and etfs for any amount you choose instead of buying by the share. all with no commissions. stocks by the slice from fidelity. get your slice today. 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that's what they're trying to come up with. >> reporter: yeah, that's right. trying to clarify not just for companies, but also for workers and also for courts that are using different standards in rulingsing to decide whether a company should consider a certain employee an independent contractor or a full-time employee who deserves benefits as well as overtime pay. so labor secretary eugene scalia is looking at this role, and he first reported an op-ed on foxbusiness.com, quote: our rule aims to simplify, clarify and harmonize principles that federal courts have espoused for decades. our proposed rule aims to clear away the cobwebs of inconsistent is says that have grown up around this analysis since the supreme court's decision more than half a century ago. the definition is really not clear, and laws are being passed like in california that force certain companies like uber and lyft, a part of the gig economy, to consider their employees full-time workers. actually, it ends up hurting a lot of butting economy workers that really -- gig economy workers that don't want to be considered a full-time employee. the bureau of labor statistics says 79% of the independent contractors right now actually prefer they are job how it is and don't want the traditional full-time job. today the department of labor unveiled a similar framework for businesses to follow, uncluing what they're call -- including what they're calling an economic reality test for employers. under the rule workers have to be in the business for themselves rather than being economically dependent on the company. secretary scalia says this role isn't going to get companies off the hook that are trying to manipulate this rule to classify their employees as independent contractors as a way to dodge giving them benefits or paying a full-time wage, salary or giving employees overtime. they'll still cac down on -- still crack down on companies that do that. there's a 30-day comment for this rule which is short or than usual which means they are going to to be expediting this rule approval. neil? neil: yeah. just get the language right so we all know. how do you define it, what is an independent contractor. hillary vaughn, a great job, as always, my friend. let's go to susan lu, in case you can't know it, it is battery day, and i wore this silly thing -- [laughter] >> wow. neil: what a lot of people are buzzing about is maybe there's some revolutionary announcement coming out of elon musk, what are you hearing? >> he's not the kind to overpromise and underdeliver, it's usually quite the opposite. a tweet talking about how it takes time to ramp in terms of building these batteries for, say, semi trucks in the future, so people are a little bit concerned that maybe, maybe we're not going to get that million mile battery that he's been promising all year long are. look, so a million mile battery, that is just pure huey p. long since we know that right -- hype since we know you have the model s going 450 miles per charge. we're looking for more durability, a few hundred thousand mules at least when it comes to the lasting of these batteries where you get an extra charge, extra range past 500 miles per charge. that's what we're kind of looking for. people are hoping he'll come up, because he's also tweeted some exciting things to come, neil. i don't know if you drive a tesla, but usually you have to stand there and i guess fill up electrically for a few hour just to get a 500-mile range. neil: and, obviously, people are doing this, and then it got faster charges, i get that. the mileage has gone way, way up -- >> yeah. stuart: right, right. so, obviously -- neil: right, right, obviously, it's changing swiftly, and people who didn't once look at these cars are looking now and saying, well, if you can get that much, that's like filling up a traditional car. so if they could start boosting it, it would be a guam-changer. but now i'm getting the sense that he's dialing things back. >> people start wondering, he's his own best hype person. all the tesla car owners are on the coastal parts of the country. the middle part of the country, you don't really have a lot of electric car ownership because there aren't a lot of stations where you can get the charge in your battery say in, i don't know, oklahoma somewhere. hopfully, that'll change in the future. maybe there will be more penetration than just 4% for electric cars and especially if you get the gms and the fords and the other carmakers into the mix as well. neil: you know what i think is going to confuse a lot of folks, carmakers are all going the electric route, i get that, but they're not all compatible. >> yeah, right. neil: they're not all compatible, so that complicates the picture, doesn't it? >> yeah, it does. but don't forget there are three main battery makers that provide the battery for electric cars, that includes lg and panasonic, and those are the two companies you have tesla working with, in fact, they have a factory in nevada with panasonic, and you heard elon musk saying the good news is even if we do get more and better battery technology that's in-house built by tesla it, we will still buy more lg and panasonic batteries because there's just so much demand for electric cars. once they want to caveat as well, neil, is we're also looking for some delivery numbers. what moved the stock at the start of this week? when elon musk had this leaked e-mail that said, look, guys, we are is so close, we have a shot at record delivery for the third quarter. you had 90,000 the first quarter, close to it the second quarter, 144,000 this quarter which will be the best since the last three months of last year but still far short of that 500,000 delivery pledge that he started off this year with. neil: all right. susan li, great to have you on, following all these fast moving developments. if we get any word out of what tesla is doing, we'll keep you posted. right now the dow moving ahead about 83 points right now. we're also following developments on the virus -- i'm sorry, about 19 points right now. following some positive developments on the virus here, the 200,000-plus deaths notwithstanding. we'll explain this dichotomy right after this. ♪ ♪ - hello, i'm michael youssef. you know, history has shown that when a nation turns to god, broken families are healed, people break free from addictions and alcoholism, crime rates plummet. in the welsh revival last century, all across wales, police and judges had nothing to do. why? because there was no crime and it can happen here by god's grace, when you come to him. - [narrator] when nations turn to god, they find their societal problems disappear. there is hope for this broken world, if you just know where to look. won't you consider looking to the one who made you? visit findingtruepeace.com to learn more about his plan for your life. again, that's findingtruepeace.com. (gentle music) neil: all right, well, so much for eag up on parking tickets. i guess it was going to be a directive out of chicago, but it's actually just yielded the opposite. i'm not too up on this outside of saying be careful what people promise you, it doesn't often materialize. jeff flock following all of this out of chicago. jeff, what's going on here? >> reporter: probably the first time ever a politician has made a promise that turned out not to be true, neil. i'm on oak street in chicago which is perhaps, as you can tell, a tough place to find parking. but it wasn't during the pandemic, and mayor lori lightfoot said in a press conference on march the 18th, i quote her now, right at the start of the pandemic, she said, don't worry, we're not going to ticket you. an expired meter that is otherwise legally parked and not posing a safety threat, you should not be getting ticketed. what happened? it turns out 35,000 tickets were issued between that period she said they were going to give a break, march 18th to april 30th, almost a million dollars worth of fines coming due, of which people have had to pay at least half, a little more than half, actually. people not too happy about that, but some people forced to pay in some ways because it was going to increase, you know, you don't pay your ticket, it goes up, doubles, there's a penalty. one person who talked to the chicago tribune who did an investigation on this said, quote: it is a betrayal. it's absolutely ridiculous. it puts people in a tough spot, a tough financial position at the absolute worst time. and it's just a really shady thing to do. welcome to america in 2020. sometimes stuff like that happens. the only positive, neil, i'll say this, city is deeply in debt, so everybody who corrupted that money to the -- contributed that money to the parking ticket fund helps the city with its deficit. i'm sure that's what we would all want to do, is just kick a few extra bucks in. neil: i'm just wondering, did a lot of people deliberately park in places they knew they shouldn't have parked in thinking they got a pass from the mayor, and they then say i'm not going obey this? -- to pay this? >> reporter: well, a lot of people didn't even bother to fight it, and now the time to fight it actually has been past, so there's no recourse for those people unless maybe somebody files a lawsuit or they see our piece and their pale say, gosh darn it, this is not fair. life's not fair, but this is not right. neil? neil: hate to break it to you, they're ticketing your car right behind you. so good luck with that, jeff. thank you -- yeah, sorry, buddy. >> reporter: great. neil: jeff flock in the middle of all of that. can you imagine? stay with us, you're watching "coast to coast." ♪ ♪ ♪ you can go your own way ♪ go your own way your wireless. your rules. only xfinity mobile lets you choose shared data, unlimited or a mix of each. and switch anytime so you only pay for the data you need. switch and save up to $400 a year on your wireless bill. with the carrier rated #1 in customer satisfaction. call, click, or visit your local xfinity store today. ♪ ♪ neil: all right. you can head back to the gyms, but a lot of them are having puts right now because it could be a case of too little, too late. kristina partsinevelos has been following this and all the money they've been losing as a result. >> reporter: that is right, neil. the fitness industry is under extreme pressure even though they're allowed to reopen across the country. reason being, they have capacity restrictions. i'll admit, neil, i do work out at this gym behind me, so i asked us to come here just because i know what it's like to be inside there. they've hired extra staff which means higher costs even though it's essentially dead inside, and that's the problem, you have a reluctance from members because they don't want to catch anything. so that's created bankruptcies across the board. even town sports that owns gold's gym, for example, and research shows it can only get worse. that research is coming from the international fitness observatory. they said they interviewed roughly 7,400 fitness centers across the united states and the industry already has lost $10 billion, is at risk of losing roughly 700,000 jobs, and the worst statistic is that 40% of those surveyed thus far are unsure if they can survive the next three months when it comes to cash flow. clearly, it's an industry that's hurting. and this comes as the fitness industry has changed, digital fitness is at the forefront. you've got the mirror, the peloton, causing people to work out at home. even apple is launching their own online workout app called fitness plus, and this comes as so many brick and mortar locations are struggling. l.a. fitness hiring financial advisers to restructure, they're sitting on a whopping $1.7 billion in debt, but they say they're not going bankrupt. speaking of bankruptcies, gold's gym, town sports, fly wheel, 24-hour fitness, four that have already filed for bankruptcy, neil, and the latest issue, still a lingering concern is safety. and that's causing people to hold back from going to the gym and causing many chains to not even reopen locations. and this is only so long that you can work out outside with this weather. back to you. neil: there is that. thank you very much, kristina, in new york city on that. by the way, we've been monitoring this white house briefing with caylee mcenaney, and among things she's pointed out, she says the president going to be laying out some additional health care steps in the coming week this, of course, as we've reached a rather somber point in the coronavirus, 200,000 deaths now in our country, better than a million world wide. we have dr. debbie joining us right now. doctor, very good to have you. we don't know what these additional measures the president's going to outline, but it comes at sort of an ominous time here. i know the trend in cases and, indeed, deaths has been slowing, but when you hit big figures like this, people stop. what do you think of where we're going with this versus what's happening abroad where they're looking at spikes in cases like in france, spain, united kingdom, us israel, what have you? >> sure. each country has different challenges, but i think for people at home when you see these huge numbers, it's very intimidating, of course. but at the same time, you know, we should stuck to the basics, a what each person can do at home. definitely we know masks make a difference, staying away from crowded areas seems to make a difference, hand washing also makes a difference. those are things people can definitely do. but then if we look at other things and trends, you know, each person can individually look at their own risk, their risk of catching the virus, you know, how high is the spread within their own community, where where could they potentially get infected if this were going to and then their risk factor. so age and medical conditions always come up, but if you have medical conditions, it's not that just that you get labeled with a condition and that's it, you think about what can you do to control your particular medical condition. if you're a diabetic, if you can get your sugars under control, a lot of doctors are making telehealth available at this time. you want to get everything as controlled as you possibly and then weigh your risks from there. as far as the u.s. goes, i think, you know, some measures, of course, our numbers and our rate of increase are always concerning, but at the same time our treatment measures seem to be working. i mean, the fatality rate, the rates seem to be coming down in terms of the numbers of people that are getting infected. our awareness of what's going on seems to be a little bit better. we're making progress every day. there's always new scientific breakthroughs. even in the past week there's been some announcements that maybe there's some cross-reactivity between the covid virus and dengue fever, so some people at least in brazil who have antibodies to dengue seem to have a little protection. so we don't know if that will pan out or not, but as the world fights this together, we get more information. neil: you know, real quickly, doctor, young people are okay with going back to work, older workers more susceptible getting the virus, remembering what happened in the earliest days where they were the target group are not. what do you advise and how do you advise, let's say, older or more health-compromise patients? >> yeah. age is a factor, but i would say the health compromise is the biggest thing. so it's, for example, with my patients if they are at risk in terms of their immune system or certain medical conditions, if they have more respiratory issues, more cardiac issues, if they have cancer they're actively fighting, then i usually write them a letter to try to get them some accommodations or something else at work. on the other hand, you have to think about what type of work you're doing, the risk and the value. for example, i guess i'm -- i'll just give myself that, but i'm younger: i'm in the third trimester, so the risk of having a problem from covid is higher, but if i don't with go to work, what's going to happen to my patients or my employees. so sometimes it comes down to -- neil: great point. >> -- individual risk assessment, right? the risk and benefit of going to work. but i think work is a little different than leisure, and we were just talking about fitness, i think for some people it makes a huge difference in terms of physical and mental health. so i feel terrible for those gyms that are being shut down. neil: yeah. it's widespread, to your point. dr. debbie, thank you very, very much. following all these developments. again, we do not know exactly what the the president's going to outline or what these procedure or new measures might be, but they're coming in the next couple of weeks. stay with us. ♪ . . . . i'm hector. i'm a delivery operations manager in san diego, california. we were one of the first stations to pilot a fleet of electric vehicles. we're striving to deliver a package with zero emissions into the air. i feel really proud of the impact that has on the environment. we have two daughters and i want to do everything i can to protect the environment so hopefully they can have a great future. it would be for me to discover all of these things that i found through ancestry. i discovered my great aunt ruth signed up as a nursing cadet for world war ii. you see this scanned-in, handwritten document. the most striking detail is her age. she was only 17. knowing that she saw this thing happening and was brave enough to get involved and do something- that was eye opening. find an honor your ancestors who served in world war ii. their stories live on at ancestry. ♪. neil: all right, we're follow al couple of development at corner of wall and broad where the markets are not budging one way or the other. but we got very good news on existing home sales. they increased at the fastest pace we've seen in the better part of 14 years. also federal reserve chairman speaking on capitol hill today did talk about marked improvement in the overall economy that was echoed by the rich monday federal reserve bankhead who was talking about little likelihood of a shutdown because of the coronavirus. that is a positive development. right now still concerns about some technology stocks. now to charles payne. hey, charles. charles: thank you, neil. thank you very much. good afternoon. i'm charles payne. this is is "making money." after three weeks of wild die races it traded in a tight range between small gains and losses but you can feel the tension in the air. we saw rerotation back into the hot names as investors grasped notion of buying value with no fairway to understand what make as stock cheap. we got you covered

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