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mccormick that is still too close to call. trump is urging oz to declare victory anyway. sound familiar? the former president once again attacking the process and casting doubt on the results. steve kornacki is standing by at the big board with the latest on where that race stands right now. plus, president biden takes new steps to address the baby formula crisis, including invoking the same law that used to increase the medical supplies at the height of covid. another market meltdown as the dow suffers its worst day since 2020. retailers grapple with the pain of inflation. the...

Wheat, certain types of corn and certain types of oils. there are very real possibilities, and it is starting in places like sri lanka, mika, that we are going to see critical -- not baby formula shortages but food shortages for hundreds of millions of potentially billions of people, the longer this drags on. it is a terrifying story. i hate to say it, but we need to acknowledge it. it is real, and it could happen. we need to get the markets reopened. >> cnbc's brian sullivan, thank you very, very much for coming on this morning. we'll be in touch. still ahead, the pentagon says russia has s...