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Something to point out, when she was speaking about americans having more money, its a calculation you and i have talked about on the show appeared we talked about yesterday. often times, fat stomach the federal reserve, now the white house, when they talk about that and they use core inflation, knowing that inflation is up, a lot of that due to food and energy prices. core inflation does not include volatile food and fuel prices. so when you factor those in, you are at inflation picture up 6.2%...

At the middle of this. you wrote senator manchin is focused on the cost, that schumer wants to get passed by the end of the year. what is his mindset looking like in this? >> wait and see. none of us should try to predict what joe manchin is going to do and where hell end up on any given day. one thing clear, hes always warning about inflation and always wanted to go slowly. at a certain point we should listen to what joe manchin says, worried about inflation, the numbers that come out, 6.2% yea...

People are smart and they get it. under president trump last year 2020, the inflation was only 1.4%. now under biden its 6.2%, more than quadrupled think about what that does going nerves, a waitress, a truck driver. the last time inflation was this high, michael jordan was winning championships in michael jackson was at the top of the charts. its been over 30 years since we have seen inflation like this and everywhere i go throughout the state of ohio, right here in cleveland, dayton, toledo an...

♪ arthel: moneyed to state the obvious, but here we go from gas to groceries and everything in between, prices are up, and americans are feeling the country. the labor department reports the annual inflation rate surged to 6.2% in october. this is biggest monthly rise in more than 30 years. many economists say its likely to get worse before it gets better. and ebb then theres what our -- and then theres what our next guest calls shrink flation. charles, explain. >> great to be with you, arthel...

Vaccinated so you can go about your life with minimal risk. edward: doctor, thank you for your time this morning. that certainly helps alleviate some of the fears. now, those who are, you know, fighting these covid fierce as shoppers hit -- fears as shoppers hit the stores sales are boosting higher than last year, lets dig deeper into how this covid variant may play into shoppers thinking. dan geltrude and irs wealth montana david ragland. ladies first. traditionally, this is one of biggest shop...

>> reporter: donald trump about the thanksgiving message that has some wondering in part reading a very interesting time in our country but do not worry, we will be great again. enjoy your thanksgiving knowing the wonderful future lies ahead. if that was a 2024 teaser we have to wait and see. he has told fox he will wait until after the midterms. carley: elizabeth warren mocked online after she blames corporations for high thanksgiving costs and not runaway inflation. blaming companies and ceos ...

Gas prices. >> reporter: donald trump without a thanksgiving message that has some wondering reading a very interesting time in our country but do not worry, we will be great again, enjoy your thanksgiving knowing a wonderful future lies ahead. whether or not that was a 2024 cheese or or something else we have to wait and see. >> elizabeth warren mocked online after she blames corporations for high thanksgiving costs and not runaway inflation was warren claims companies and ceos are benefiting f...

During the 2020 covid economic downturn, many companies, including this company, are seeking to reclaim some of their profits and that they were force evidence to raise prices. >> julie: thankfully they have online sales. a lot of stores have to close their doors. if not for online sales they possibly would have gone out of business. the feds inflation gouge is hitting a 31-year high as prices continue to sore. -soar. from october 2021 inflation is up 6.2% but retail sales are also up 1.7% and e...

Will not see a penny in taxes raised, you will see your standard of living go up and your cost down. >> that angry pirate is your president. i am emily compagno. here today my cohost, kayleigh mcenany, host of kennedy on fox business kennedy. fox news correspondent, julie turner, and in the sunny seed, julie banderas. the supply crisis leaving store shelves empty. its not just about what is available, it is the price too. the cost of turkey per pound is up 6.2% from last year. bone-in ribeye ste...

With inflation getting as high as it was at the end of world war ii. businesses struggling to deal with a slowed economy are now trying to keep up with soaring command as costs are hitting food stamp programs. joining me is the chair of the editorial board and editor at large of "the financial times." its really good to see you, julie. inflation is a real issue, and every corner of the economy is feeling it, from the neediest to the people who are not so needy, and businesses alike. when are we ...