liz? liz: honestly, i don't care what the russians think, but we do have to watch what they do, jennifer, you and i both know that as we watch women in the military. the israelis are doing it, bunch of other countries are doing it. what is the number one thing we need to watch as a business network because these fireballs tend to affect our markets sometimes. what's the most worrisome aspect that we're not going to have enough funding in our pentagon? >> liz, the biggest immediate concern right now is the development today that russia is now flying airstrikes over syria with the potential of coming into direct contact with u.s. warplanes and pilots. the potential for a miscalculation is enormous. the potential for u.s. warplanes to come eyeball-to-eyeball with russian pilots. russians are lying about what their targets are there. it's going to send hundreds of thousands of more refugees into europe. it has huge implications what happened today in syria. liz: interestingly, we started to se

liz: at least he's watching. >> that's true. liz: charlie gasparino. closing bell, we're 27 minutes away. jeb bush lays out his energy plan. he is ready to end the ban on exporting oil. of course, all of these big, grand ideas have to go through congress, but is that a campaign initiative that'll send his poll numbers higher? our political panel takes up that and the rest of the 2016 heldlines next on "countdown." ♪ ♪ ♪ ♪ liz: gang, we're coming up on 22 minutes before the closing bell rings. we are now positive, up 14 points. we are 15 points above 16,000. weren't we just 15 points below it? the point that we are making, so to speak, is that the dow is important at at the moment because there's so much indecisiveness. i'll be interested to see the stats about how many times we've crossed the flatline today. if we close below 16,000, the dow hasn't finished below 16,000 since august 25th. i am hearing that we have now crossed the flatline 62 times today. so you're looking at real indecisiveness here as we head into the close. again, we cannot s

liz, over to you. liz: it's a proposal that will eliminate federal income taxes for millions of americans, reduce corporate taxes and meet the taxpayer protection pledge of the so-called conservative group americans for tax reform. despite that endorsement, though, listen to this: some on the far right are already shooting it down, claiming they know what really is conservative and what isn't. former senate majority leader trent lott is here live to tell us if it's a plan that could get through congress. trump, taxes, the u.n. and this market that doesn't seem to like anything today. we're less than an hour to the closing bell. let's start the "countdown." ♪ ♪ liz: breaking news, we have a market freefall. five down days in a row for the s&p and the nasdaq. china is what's fueling the bad news bears in part with yet more data out of of that country shog signs of an economic slowdown. look at this, here's the dow jones industrials heat maps. if you take some of these names and put them in their broa

liz: welcome back. news breaking moments ago. scott walker dropping out of the race. >> everything i hear is he will drop out in the next day or two. liz: hold on, that is breaking news. ♪ liz: ed rollins breaking that news today. we will look at the democratic race. hillary clinton is staging a comeback in a recent national poll. the support of 42 percent of democratic primary voters compared to 24 percent for bernie sanders,sanders, 22 percent for the gentleman not even in the race yet, and 1 percent for former maryland governor martin o'malley. she is trailing in new hampshire and at times in ohio a. vice president biden, would lead by 15 percentage points he is still weighing a 2016 presidential bid. you know, they have been weighing whether to come in. the last several weeks now. >> if this is a comeback i would not wanted. add together sanders and biden, 46 percent of the vote. so joe biden is winning, and that number without a candidacy only goes north and hers only go south, and bernie sanders

liz: . liz: why? >> one keer concerned for her last business experience and without a doubt her record is very mixed at hp. it's extraordinary she got that job but her performance is something people are questioning and, again, conflicted about and i think she's going to have a hard time defending that. secondly her leadership style. a lot of the criticism about her five years at hp had to do with how she managed people, et cetera, and honestly the reports are not great. i mean she was very autocratic, very much my way or the highway, we have one like that right now in the white house, we don't need another. and, look, she's not a political person and people like that right now but i don't think it will -- i don't think she's a nominee. liz: here's the thing. donald trump, you know, some of his business didn't do sole either, chris what do you think of that? >> well, look, i don't know that she's capitalizing the best on her debate bump, and i don't think she's going to survive the recruit knee, i thi

liz: move over malibu barbie. mattel announces the latest edition of the doll will speak for the very first time and do is november. she will go a thousand different sayings and can improvise depending on the conversation using artificial intelligence just like a real french. up next in atlantic city casino regulating the wake of their cocktail waitresses. a new jersey court said day campfire the waitresses for putting on too much weight or a busy a specified amount. the casinos said they cannot gain or lose 7 percent of their body weight. the blaze tv anchor is year. >> i think the appellate division got this right is likely going to hooters then challenging the policy. you know, we were getting yourself into. they picked up on that to say you cannot go there to sign up you embrace said then challenge it. liz: to that point they knew going into that. that is the whole point. that is the standard. >> personally i don't apply for jobs with babe in the title because it is too much pressure. [laughter] i don't know t

liz: no? >> no, it's a very real economy. 17 million cars are turned out and people are driving them. housing has come back. employment has come back? we have come back i think better than any industrialized country in the world since the panic of 2008. i think the fed -- it's not a phony economy in any way, shape, or form, it's a very uneven economy, the rich have gotten very richer and all kinds of people left behind. liz: doesn't that bother you? >> of course it bothers me, that's why i wrote an op-ed on expanding the earned income tax credit. we should not have the world's richest economy and have people willing to work barely eking out a livelihood. liz: what is the answer? beyond tax policy? >> tax policy is the big answer. people like tong education is the answer and education is the answer for some people, but there will be people left behind. if we existed in a sports economy, you could give me all the education and i could train eight hours a day, and i would not be worth being a bat

liz claman, over to you. liz: i'll take it, trish. it is a frightful friday for the bulls live from the floor of the new york stock exchange just one day after the federal reserve decided to leave rates unchanged. that was the big non-news news, but today the big news is that when traders on the floor yesterday got very excited, what did they see? is they saw this big swing of about 200 points to the upside after the initial announcement. but as the news conference went on and on, the gains slowly disappeared, and now those gains are nowhere to be found today. gone as you see right now we've got the dow down 230 points, dropping more than 200 points at the opening bell. and you sew we have remained -- you see we have remained there. at one point we were down 301 points. the fed unintentionally, but nonetheless, creating real volatility and worry and anxiety here for the markets. so what happens next? are we in for an october surprise? that's the question. or are the traders left to wonder how do we make money in this market for the re

liz: okay. bob, i know you're a man who likes to invest even when times are tough, so it's great to have you. thank you so much. it's good to see you. >> thank you, liz. good weekend. liz: we now are one minute to go, let me hand it right over to david and melissa for the closing bell. art cashin, i don't know if you heard, said looks like an upside close because there's so much on the close to buy. david: yeah, it's pretty good. close to triple digits, we'll take it. thank you >> on this day of remembrance we are taking stock of how far we have come in 14 years and how much further we need to go to keep this country safe. >> in the house goes on the record. the fight is not over yet. >> we have to rely on john weiner. there are allegations of cheating of the new england patriots. melissa: i can't believe the story. david: i can, too. melissa: the dow reporting trading, up about 100 points at the close as we here the closing bell sound on wall street. here is a look at where we are ending the da

liz claman, heading down to you. liz: trish, we've got breaking news here. can the rally hold, and it's a fair question. because we lost about 55 points in the blink of an eye. why? the dow jones industrials, you can see it, it is up about 91 points. it looked like a clear cut rebound just 24 hours after yesterday's steep sell-off that unfolded during this very hour. take a look at wednesday's trading action. the dow was up as high as 172 earlier in the day and dropped like a rock, closing down 239 points. that's a swing of 411 points. today, yes, i would say about 11 minutes ago, the bulls look like they were in full control. it is yet another volatile day for the markets. the dow was caught in a bearish triangle, a bearish triangle, simply cannot break out of the triple digit swings and jumps out of the 13 out of 15 sessions. the last 13 out of 15 sessions. we've had the pit in our stomach watching what will happen? today volatility and uncertainty are driving the markets as investors watch data and next week's federal reserve decision whether to finally h

liz: free it up. lose some of the regulation that needs to be lost because not all regulation is bad. >> look at the volkswagen story. liz: absolutely. it's great to have you. >> good to be here. liz: a man who knows, he's been in the trenches. brad anderson, former best buy chairman and ceo. i was the idiot three days before the super bowl who bought three samsung tvs. >> god bless you. [laughter] liz: forget the ipads and ipods, tim cook and apple are looking at a whole new piece of hardware, one that goes 0-60 in no time flat, sending a major message to elon musk and the rest of the auto world. the wreaking story of the apple -- the breaking story of the apple car is next. >>> and we love you for connecting with us on social media. guess what? we're shooting for 50,000 twitter followers and 17,000 on facebook. we're getting there hadn't by minute. can you follow me? we would love this. @liz claman on twitter. brad is writing this down as we speak. [laughter] yeah. his twitter handle, mr. man, he's

liz: any time. >> thank you, liz. liz: 18 minutes before the closing bell. we've got this rally that won't let go. dow jones industrial up 149 points. coming up the uaw, the united auto workers union, they've got a big voice in the up coming election along with fiat chrysler, makers of jeeps. they have agreed to a deal to keep the workers on the job. but what does that mean for negotiations with detroit's other automakers? does that set the tone, jeff flock is traction all the latest developments. next live on countdown. don't move we live in a world of mobile technology, but it is not the device that is mobile, it is you. hi mi'm raph. tom. my name is anne. i'm one of the real live attorneys you can talk to through legalzoom. don't let unanswered legal questions hold you up, because we're here, we're here, and we've got your back. legalzoom. legal help is here. you premium like clockwork. month after month. year after year. then one night, you hydroplane into a ditch. yeah... surprise... your insurance company tells you to pay up again. why pay for insuranc

liz: and you won. i would also like to say, though, a couple years ago -- and you and i have spoken about this -- the chinese loved your cranes. they said, please, come in, we'll give you lots of business. they built a lot of big cities because china at that point was building what some people call now ghost cities. but suddenly then they got that technology. maybe they were snapping photos this the middle of the night, who knows, and then they slapped tariffs on you guys and said if you want to do business in china, it's going to cost you. if you had to give advice to all these companies who are angling to talk to xi jinping, what would be your advice about how to carefully do business this that country? >> well, that's a good question, and it's a long answer. but i think you have to do your diligence, you know? a lot of companies start with partners in china, and i think that's a, that can be a good way to start. but then you expand and you want to do it by yourself, you can go to a wholly-owned subs

liz: even the regionals right now? >> the regionals are good because many of the balance sheets are good. >> utilities have a great day comparative to the market. whether it is nextis next month or december, the fed will raise interest rates. liz: make it clear for the viewer. utilities are highly leveraged. >> and the cost of energy. right now they look attractive. we know interest rates. >> the 5 percent. we bought today. >> goldman sachs,sachs, $180. i highly recommend. and the retailers that i keep talking about, macy's, coles, dillards, there is value. >> i want to caution people. i don't think that the selling is done. he wants to dollar cost average in. take your time. liz: what happens if we break below 1820 in the s&p? >> that would be a scary time. i am not a doom and gloom are, but i think we will get into the 1820 range. >> we will snapback. i think that we will come back. we should have more volatility. >> earnings season will start soon. liz: when does it begin? october 8? >> october 8 with alcoa. liz: do

liz: why? >> i read they were gathering them up in east harlem where the pope will be, they don't want homeless people to be seen, you know pontiff, i don't think it would look good for new york city. liz: the pope is a man of the people. >> i tell you, he is -- i am worried for him, because he just wants to get out there, and i was -- put it this way, i just saw when he did in washington with those kids, i'm a big supporters our pope, and i respect him so much for wanting to to what he is doing, he talks about family value, system of father, mother and structure, that is the epitome of how a life should be as far as with kids growing up. liz: a lot of different families. >> i'm into that father mother stuff. >> i know but there are a lot of different family structures in u.s. that work fine, getting matt involved. bill bratton saying there is no credible threats right now. against the pope. he has an additional 6,000 quote guardian angels. >> bill bratton, and new york has been on heighten ale

liz: dr. moynihan, you've been watching, and having the magazine, you're a journalist and watching what is happening. here's what surprises me, i'm not catholic, i don't purport to see why people are feeling such vitriol toward the pope. to me he seems modern and inclusive and working hard to bring back the flock that has strayed in a way, correct? and some people, many in the building at fox, and i'm almost surprised they're calling him names. i just don't get it, what's happening here? >> not sure what's happening in the building. liz: well, charlie gasparino said he's trying to push a left wing message. stuart varney, and they all support their own comments, i'm not calling them out here. stuart varney vitriolic about him. trish regan has questioned some of the things and some of them are catholic, they know perhaps more than i do. i look at him and say maybe he's aiming for a crowd that needs to come back to the fold? >> i think he's certainly a missionary pope and reaching out to pope, as

liz: listen. there is little upside. thank you, 15 minutes before closing bell rings, every tick of this market is mattering, we have lost real steam here, but we're still up, if you are just joining us, it is not the worst thing in the world, we were up to 64 earlier that was better. make sure, to catch maria bartiromo's interview with jeb bush, monday. you have time is set your dvr, and tivo, this is going to be a very important interview, jeb bush needs to catch from some lift here. we're waiting for the pope, to visit a catholic school, and the children went it in harlem before he rides through central park in the popemobile. former u.s. ambassador to the holy see, talks about how the peep's message -- pope's message is being received by emergencies today, more count down live from the floor of the new york stock exchange, where the s&p is just slightly above the flat line, don't go away. uer them all. the mercedes-benz c-class. five driving modes let you customize the steering, shift points, and suspension to fit th

maybe they can turn it around, liz. liz: back to school is kind of over. let's bring in jennifer, talking about high yield. charlie smith, fort pitt capital cio both of you believe, in essence you expect delays in the fed tightening. you don't think it will be this time around. knowing that, help our investor viewers invest right now. jennifer, are you of belief high yield is place to be when you look at 10-year yield started to do move higher, money coming out of treasurys? >> absolutely. we're still overweight high yield for a couple of reasons. one of which as the fed begins normalization of monetary policy it tends to benefit those higher yielding sectors. they don't tend to decline in price. nearly as much as some safe haven assets do. especially considering recent spread widening in high yield. much more attractive from valuation level as well. fundamentals remain intact for high yield. absolutely we think high yield will perform as fed begins to monetize monetary policy. liz: charlie you look to place investments in certain strategies. what are the

liz: i am liz dahlem in for juliet huddy. ben: julius it is funded the weather, thanks for pinch hitting. liz: no problem. ben: we are moving toward the holiday weekend, mike woods, how is the weekend looking? a lot of folks getting out of town today. the last couple days. >> meteorologist: looks pretty good even though dropping temperatures coming at us. we have a high of 91 degrees, the heat wave continued at central park, 84 in belmar, 92 in poughkeepsie, temperatures were pretty hot, one more day going on and changes coming up, air quality alert has been expanded. includes all five burrows, a coastal connecticut, the majority of the tristate region, up the hudson valley starts to exclude that. includes rockland and westchester but not put more orange counties. high levels of ozone expected again. the startup temperature this morning at central park, 75 newer, 73 degrees in montauk, mainly clear in the tristate, hot and humid again, high of 92 later this afternoon and some storms trying to get into the area late tonight an

liz: i am liz dahlem, juliet huddy as of today. ben: i am ben simmoneau, it is 5:00 thursday morning, september 3rd, thank you for being with us. big holiday weekend coming up. some folks might complain about this weather. not be. because i say soak it up because it is going to change quickly. >> meteorologist: you are really trying hard. liz: positively been today. >> meteorologist: she is sitting next to you. liz: got to be nice. >> meteorologist: drank the kool-aid. we know the real deal because next tuesday or whatever it is. ben: monday or tuesday. >> meteorologist: give us monday because it is monday and everything. ben: it always changes very quickly. pretty hot for us. as the stands right now this week has been rough out there too. 91 was your high temperatures and for part as well as newer, montauk. many of us did indeed continue with the heat wave yesterday and here is part of the result, he and humidity built-in and not going anywhere you get air quality alert says, mainly through new jersey yesterday but it covers all f

joining me chad morganlander and liz claman. market has a lot of concerns about the fed and whether or not the fed has any bullets in its arsenal. i would argue no think point. just 20 minutes from now hillary clinton will talk what she wants to do regarding big pharma. chad, she wants to come out to basically set prices. this will have big effect on entire sector. biotech stocks getting slammed. nasdaq await the news here. what would be effect of overall for the industry if this would happen? >> health care, if we take a step back, is 16% of the u.s. economist. any talk of changing reimbursement or infrastructure would have dell tear russ effect on pharmaceuticals. trish: as well as the pipeline. >> as well as the pipeline. they're putting up tremendous amount of money in r&d to get the payoff down the road. that payoff is not virtually guaranteed. hence the risk coming back no in the market putting pressure on biotechs in general. trish: hillary clinton speaking in iowa. we'll watch for details and as well as biotech investors

liz: the videos do not exist. stuart: i'm very sorry that the video exist and is included in carly fiorina sad. >> now, what they've done a slice and dice videos and put them together to be what they say is the truth. stuart: assures the baby fully formed and the like is moving. is that a model of the child? where would you withdraw your statement? >> no, i am not withdrawing it. you don't know where she got it. stuart: are you implying in a state? >> she wants planned parenthood to be completely defunded. yes, i am. i'm sorry. liz: they have the technician talking. i know you are saying. that is the video carly fiorina is saying i am right. if people criticize them you're wrong, the video does exist and that is what i'm referencing when i said there is a baby kicking at 19 weeks. using that an example of when the technician is talking about harvesting the brain of a baby. stuart: carly fiorina has a very interesting campaign. you are saying it's fake? >> i am an attorney and we deal with something called evidence

lou dobbs, liz macdonald, charlie gasparino, liz claman and jeff flock in the pits at the che, and we kick it off at the heart of the financial center, liz claman at the center of the football world on the floor of the new york stock exchange -- of the financial world. give us a reaction. >> the reaction initially was a big yell and then people started to trade. we saw a spike around 2:48 p.m. eastern time. that coincided, as our bruce becker in d.c. actually pointed out, the minute she ended her prepared statement. perhaps that it was that relief rally. we have the dow jones industrials up 198 points, but now you see that we have lost all of that. we've gone lower and then slightly climbing up. these are all these intraday pictures looking like a little bit of mount everest, at the top a little hillary step which is the highest point of everest and then the fall. let me show you exactly what was happening on the floor as traders first turned silent just before 2 p.m. eastern, we had our cameras rolling. here it goes, watch. [inaudible conversations] liz: and then you had people runni

i'm liz cho. >> i'm sade baderinwa. what a moment, liz, you were talking about the charm of the event. pope francis loves children. and some of the messages that he was echoing. father,ly get you in here in a moment, was about dreaming. you know. this is a message he talked about before while he was in cuba with the youth the dream. to keep on your path of hope. right now, we are actually looking at a live shot of thousands of people are. and liz, you have been talking about this in the last hour or so. there. they don't have enough security to get all of the people there is some talk that everyone is not going to get through. it is now 5:00 and the pontiff is on his way there. let's go to diana williams who is at central park with a look at the situation there. diana? frustrated people i'm sure. >> reporter: hey sade and liz, we are surrounded by people here. everybody can sense that the pope is going to be here shortly. we can feel the excitement is growing here. everybody knows standing up for the most part, you have

liz claman, over to you. liz: i'll take it, trish. it is a frightful friday for the bulls live from the floor of the new york stock exchange just one day after the federal reserve decided to leave rates unchanged. that was the big non-news news, but today the big news is that when traders on the floor yesterday got very excited, what did they see? is they saw this big swing of about 200 points to the upside after the initial announcement. but as the news conference went on and on, the gains slowly disappeared, and now those gains are nowhere to be found today. gone as you see right now we've got the dow down 230 points,

his daughter, liz. you know people are focused on the economy, you're telling me they are better off focusing on national security. >> it's fun to watch you try to ask a question. >> we're friends, so you know. are there candidates you feel have the experience you're looking for? >> it's not just experience. we think it's got to be a commitment to the attenda that important thing we have to do is restore america's military capability. >> is that important to americans to see a president that just accumulated more debt than any other president before him? that is a is a hard sell, right? >> we've got a situation. we've got members of congress who will say we're at least cutting something. that is the wrong attitude. the answer is that there is nothing more important for federal officials and congressman than a sense of america. we swear to support and defend the constitution of the united states against all enemies, foreign and domestic and have got to recognize that has to be our number one priority. am

liz claman. you want to talk about a market mover, the one man you need to listen, to have you his ear, he has yours. warren buffett. >> he flew into town on the net jet and did so to have a charity luncheon. have lunch with warren buffett, guess how much it went for? 2.3 million dollars. a newly minted chinese millionaire bought it. the chinese have caused major gyrations in the markets. warren buffett has a stock portfolio of 107 billion dollars. everything from american express to deveeta health care to coca-cola. everybody has been so concerned about their portfolio, was he about his when all of the gyrations in the past month were going? i began by asking him in our one-on-one interview, what has his life been like since all of this volatility? listen. >> when on august 24th, the dow fell 1089 points as it opened, were you buying? >> yep. >> a lot? >> not a whole lot. you can only buy a certain percentage of what trades. we were buying and happier buying when they were down than when they we

liz: terrific point. david: more when we continue with our coverage of the pope in new york in just a minute. liz: and look at those lines , not to see the pope, the latest to get an iphone. whyiphone. why this could be a record-breaking weekend for apple. we live in a world of mobile technology, but it is not the device that is mobile, it is you. ...as a combination of see products.. and customers. every on-time arrival is backed by thousands of od employees, ...who make sure the millions of products we ship arrive without damages. because od employees treat customer service... ...like our most important delivery. od. helping the world keep promises. ♪ liz: in the meantime president obama meeting with the chinese president. discussing controversial issues. despite the president saying they had made progress they did not go into details about what exactly that means. the latest from the white house. >> reporter: always nice to speak with you, and you are right. frankly have been talking about cyber secu

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back with us, chris wexler and liz ann saunders. you have been great on the show, i like the way you talk about rebalancing, i don't know people talked about it in that way before, and viewers think we're giving lip service saying state course and buy on weakness, we're seeing over and over again that has worked. >> no question about it, if you look at any number of statistics on the history of disciplined investor versus undisciplined investor takes a rebalancing approach. follow what your portfolio told to you do, you just do better than the average investor. and in most cases you do better than the funds which you are invested. there is reems of historical data that supports the benefits of discipline around things like rebalance. charles: chris, it does hurt, when you're in the midst of it. it does not feel good, and people are trained how they act in emergencies, when there's an emergency someone screams fire in a crowded theater. all chaos breaks out. >> seaing panic in the market. it does feel forced but i think the market is

liz, you're here with me. the pope getting praise by cast stress in cuba about his anti-capitalist stance in cuba. >> yeah. trish: doesn't sound like he is welcoming to free market capitalism. how does that affect his popularity? >> a lot of people in america are not happy with that. when you consider half a dozen popes for century or earlier, starting with pope leo, said listen, watch out for serious violent dangers of socialism and communism through pope pious and st. pious and pope john xxiii and pope john ball the second and benedict said communist, socialism is bad for humanity. creates poverty and rampant inequality. mortal rates skyrocket under those systems. this pope in his own backyard, free-market capitalism was never allowed to flourish. trish: argentina. >> argentina. on rest of south and latin america, intense, government intervention in markets there. trish: it is interesting you say that, you bring that up. think about latin america today, i spent a lot of time in brazil where i did a story on

right now dick cheney and liz cheney are here to go "on the record." know both of your names were on the cover. was she bossy to work with mr. vice president. >> that's all right. she earned it. >> nice to see both of you. let me start with you mr. vice president. what do you you mean by exceptional? what does that term mean? >> it's that the united states has played a very special role in history. certainly since the beginning of world war ii. exceptional in the sense that the united states has been the prime defender of freedom worldwide. has liberated more people than any other nation in the history of mankind. and that that's a role that it had and a belief that our leaders it had starting with fdr and harry truman but all the way bipartisan basis ronald reagan, nixon, until now when we get to barack obama. does not hold the view that america is the exceptional nation. >> how do you know that liz? you are also a co-writer. how do you know that president obama does not hold that view. >> you just have to listen to his speeches. you just have to see

bill and liz, back to you. >> all right, sade. thank you. >>> we want to go to where the pope is staying. 72nd, very high price real estate. >> beautiful area. >> diplomatic residence on 72nd street and park street between 5th avenue and madison. >> yes. the papal nuncio is where he will be staying. had sprucing up. >> why not. >> new wiring but nothing over the top. >> reporter: let me have you take a look at this crowd. nothing like midtown. the nypd is out here and good about moving the crowd along. there are some people out here waiting for hours. that size of crowd you are seeing in midtown, you are not seeing that here. when it comes down to getting around on the upper east side, until the pope is physically streets will look like this, closed off to traffic east and westbound. traffic is flowing up and downtown. across town with all the barricades, that is when it gets tricky. residents say this is a minor inconvenience. until the pope is physically here, this is how it will look like. with all the heavily armored nypd vehi

right new details from fox business's liz liz mcdonnell and steve cortez on the phone as well we have chad morgan, and nichols all on this china selloff and how it is affecting things here at home. liz start with you because china is trying to say we will i'm wondering i guess markets go up and china is trying to say it is fault of hedge funds and journalists where it is down. >> issue too is that china is scape got right now for the global selloff so is china going inside the country to looking if scape goats there. but about stability and order. china talks about when it -- what it sayings when it goes after people for creating panic and costing country huge losses so detains most powerful businesswoman in china, and she's the head of the -- hedge fund eye on at man group in china. so -- >> basically been shorting a lot of these chinese companies for stock market is it a government might have some incentive to go after her and hedge if you fund? >> detained her while things were happening. they detained four executives at civic securities for alleged insider selling also deep -- you

phil and liz? >> sade, thank you, right now you're being blocked in the view but we're seeing pope francis greeting senator schumer, governor cuomo and mayor bluegrass -- mayor de blasio and cardinal dole. >> schumer saying a short time ago he was simply wowed by meeting the pope and hissening to the pope earlier today in washington. >> told sade he had chills up and down his spine, he was still feeling the chills back in new york, and i think that's what father malone was saying that, you know, he, people of all stripes and all politics and all persuasions react o this man. from argentina. first jesuit pope, the first pope [ indiscernible ] [ cheers and applause ]

liz claman on floor of new york stock exchange. much of the attention was on the global economy and what happened here, just to bring people up to speed, federal reserve had opportunity to raise rates today but for those of you who are indebted, you're getting used to very low interest rates to borrow. that party will continue. for those of you who have been hoping to find a way maybe to get a little bit more for your cd, a little bit more for your money market savings, those rates stay obscenely low. you will not be rewarded for being the prudent fiscal people you are. >> so for borrowers, rejoice. for those who do all the right things and save your money, curse the day. liz claman, on floor of new york stock exchange. let's -- all over the map. what are to make of this. >> wow. the markets got very quiet on floor of new york stock exchange. in fact one minute before when you were talking they were all saying to everybody on the floor, they wanted to hear exactly what happened. the minute it went up, there was a cry, can't say a c

liz claman, what are you hearing? >> we have traders saying suddenly it was an abnormal move, trish, that's the word they used, abnormal. i want to say 20 minutes ago and we have been up more than 264 points for the dow industrial dow jones industrials. now just up 84. some of that may be sinking in we could have another potential government shutdown on our hands. >> but you know -- trish: earlier however, liz, in the session if people thought, that steve, over to you? >> i've lived through a lot of these. i've lived through government shutdowns going back to the 1980s when ronald reagan was president, and you know everybody is pulling their hair out of their heads and my god it's a catastrophe. i think wall street way overreacts to this. if we don't have a budget in place, it's 80% of government still function. it might be a week where they can't get resolution. but if this is over a major principle, what are the budget caps going to be on? it may be worth bringing the spending down. trish: a little pent-up demand an

i'm bill ritter. >> and i'm liz cho. world news with david muir coming up next. eyewitness news returns at 11:00. have a great night. >> bye-bye.

return to liz. liz: really? on this? tom: i brother was born in the backseat of a car on the way to the hospital and my mother never forgive my father. liz: my children were born in a hospital. midwife whowas a helped deliver the baby in the stands and they named it eli. tom: let's move on to other blessings [laughter] . pope francis traveled through helicopter from fiat to the pope mobile to st. patrick's cathedral. janet yellen was not to be outdone by speaking in massachusetts. she shifted dovish toward hawkish markets and all markets reacted this morning. ders with charles schwab and nicolas with us from eurasia. we talk a lot about this this morning. ask central figure to the world, was ben bernanke alan greenspan central bankers to the world? liz: i think probably they were to a similar degree but janet yellen speaks it more openly. tom: i was stunned. because of thely last year when she has been asked questions on whether she would consider making questions and think about u.s. monetary policy based on the perceiv

liz: that's what they're called. stuart: officially called liz: officially called. stuart: you weren't interjected liz: no, i would never do that. when you're hired you cannot lose or gain more than 7% of your weight. hey, wait a second this puts us in a hostile work environment. we've got customers that say you look fat or pregnant, and borgata says it's in their hiring practices. stuart: you know the rules when you went in and don't try to change them when you're in. ashley: the point is that it's a hostile work environment and supervisors are making comments. stuart: sue them for something else liz get rid of them. stuart: where are you coming from, ash. ashley: i'm supporting the babes. they're trying to make a living. stuart: we're all walking on a tightrope liz: that's my fault, i shouldn't have given their job title. stuart: bail me out, lauren simonetti. >> i'm not touching you with a 10-foot pole. amazon is selling six packs of the new tablets, if you buy five, amazon will throw in a sixth fire for free, total cost $250. keep in mind, the tablet is subsidiz

liz and rob back to you. >> thank you very much. we do want to listen in right now because you can see the pope was speaking, he is greeting folks and the children are singing. [ chanting ] >> we heard the children singing prayer of st. francis and then the hail mary. the pope right there, the anticipation has been building now for well over a year. i know -- my own parish, we were getting ready for this and my kids were getting ready for this. they were excited and they're not three feet way from opinion -- away pope francis like these kids are. kids from st. ann's and st. charles and st. paul and our lady queen of angels. mostly third graders and older kids mixed in there as well. the principal joanne walsh is introducing the pope to the classroom right now. >> the pope is going to meet with students representing four schools and then two of the students will give the pope a gift. a spiritual bouquet. a bouquet of prayers that have been written by the children there as we continues the meet many of the school children there. fathe

liz: scott, we have to run because of breaking news. great to have you. we'll put your picks up on facebook.com/liz claman. and they are two new picks. david asman and closing bell. [closing bell ringing] david: green all over the screen. major rally underway as markets get back to work. you heard news from the world bank, asking the fed to delay a rate hike and hold on to your hats, everybody. top strategists think stocks could climb another 10%. that would bring it melissa francis, back to where it was at the top. we may retrace the losses of august. >> here we go. here are closing numbers on wall street. you can see the dow trading up almost 400 points. david: well over 2%. 3% in some cases. you're make an money on first back from vacation. let's head to the floor with lori rothman. what is behind this rally. >> hi, there, david and melissa. stocks shot out of the great, with great -- i won't say great but positive out of europe. china may intervene in its markets. troubles sparked volatility of late. very low volume. looks like we'll do 783 million sh

liz macdonald. and he hosts the pod cast "my dumb friends." the first pod cast about mackey and moril. next to me, sean donnelly. let's start the show. >>> apple has a new controversy, but, you know, they are just going to come out with another one, a better controversy in five months. people are outraged that apple, not for the working conditions at their factories or even worse, for that u-2 album, but for photoshoping a woman to make sheer smile. during a demonstration of apple's product they demonstrated how to use the new ipad pro to make the world a better place. >> i am not quite happy with the model's smile. i wish she had more of a smile. i think it would warm up the design quite a bit. luckily we have an app for that. if i select the model's lips i can isolate those and give them more of a smile. >> [applause]. >> next is larry flint. people on-line are angry that the demonstration was reminiscent of the cat calling practice of telling a woman to smile and the model in the photo was the first to be seen on stage since the event. one

. >> former vice president dick cheney ankd former executive assistant liz cheney, looks at american'shi foreign policy and security. [applause] >> please be seated. well, good evening to all, i have the honor of being executive of for ronald regan presidential foundation and i want that thank each and every one of you for coming this evening. please stand and join me for the pledge of allegiance. i pledge allegiance to the flag of the unitedof states of ameria and to the republic for which it stands, one nation under god, indivisible with liberty and justice for all. thanks, please be seated. before we get started, tonight i would like to recognize one person in particular in the audience, ben. board of trust -- trustees. thanks ben for coming. [applause] it's often not easy, at least not for me. i think one is called on to do their very best and to go beyond a simple reading of an impressive resume when a guest has gone out of their way and their lifetime in the realm of public services and performed for the american people. they need to be lotted, thanked and introduced in a thoughtfu

perhaps all the people we have talked to and certainly the father on the desk with liz and sade hoping this pope's visit will start to reverse that trend even if only a little. i will throw it back to you. >> all right. >> live pictures inside madison square garden. quite a transformation there going from app arena to a place of worship tonight. tomorrow it will be back to billy joel. but tonight, it is all pope francis. father, thanks for joining us again tonight. >> my pleasure. >> it has been a remarkable day in new york city. starting off at the united nations. going to ground zero. what are some of your reflections for what has been a remarkable day here? ingly think the children's choir summed it up best. let there be peace on earth. that is the hope the pope is bringing to the city. you can see people are responding to it. i was walking through columbus circle today. they saw my collar. he is now going to do the most important thing a priest does. celebrate the source and summit of our lives together as catholics. it is a sign of sign of the hope that he is testifying to. >> we

liz, you blame president obama for pulling all u.s. troops out of iraq in 2011, but the fact is the original status of forces agreement that called for the withdrawal of all troops was negotiated by president bush and critics would argue that the rise of al qaeda and other terrorists in iraq started after the invasion of iraqing in 2003 by the bush/cheney administration. >> the reality is that there was always an intention that there would be stay behind forces and that once the combat operations were over, there would be an agreement and another sofa agreement negotiated to allow forces to stay behind. what is what the obama administration refused to do. eventually ending up with agreeing to such a small number of u.s. forces that it would not have the been effective in terms of providing security in iraq. the other thing that is indisputable, when broem took the oith of office january 20th, 2009, the situation in iraq because of the surge ordered under the bush cheney administration was stable. al qaeda and iraq had been defeated. th

liz: charlie i think my degree, mr. boehner just couldn't add a package of legislation and opposition to the president and give it to the president and make him veto it. charles: i understand the package, but doesn't ever feel like president obama -- sorry, john boehner put up a fight? >> i felt like he was dragged along by a party and i consider myself part of that. crazy young radicals want the budget balanced. if he is truly making kevin mccarthy the parent i would want to be kevin mccarthy because it doesn't seem like the best position to be in. liz: is defining fahrenheit wiki issue to shut down the government. they are ran deal, obamacare, people are upset about it. charles: looks like the straw that broke the john boehner back. >> we are going to want or how this will all play out potentially over the next couple months. john boehner will resign october 30. at that point the house cannot act on anything until there is a speaker in place. for all intents and purposes there'll be an election of 434 members and thei