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keytruda from merck. see the different types of cancer keytruda is approved to treat at keytruda.com, and ask your doctor if keytruda can be part of your story. >>> will well, conditions may be improving in that vast florida nature preserve where authorities have been searching for brian laundrie and the attorney for the family says water in the area is receding which could make some more areas more accessible and important to point out there's a lot of questions if somebody was in that area, whether they could have survived in this swampy gator-infested space. certainly not very hospitable. jamie shooks a wildlife tour guide who has been conducting his own search in there. here's what he had to say on "new day" this morning. >> the northern pip of that is the state park which has not allowed gator harvesting in that area for 60, 70 years at least, so the population has really, really grown in that area, and the vast majority of them are huge al gator and this is a time of year that they are feeding right

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keytruda from merck. ask your doctor about keytruda. >>> right now there is a global chip shortage, parts found in everything from computers, toys, vape pens to cars. it's a result of the massive supply chain disruptions due to the pandemic. let's go to msnbc's scott cohn who's outside the largest chip manufacturer, that's intel in santa clara, california. how long, scott, is this shortage expected to last, and what does it mean for consumers? >> reporter: yeah, alex, this is yet another dimension of that supply chain crisis, and like just about everything else, there's a wide range of guesses as to how long it's going to last, but easily well into next year. this company, intel, just announced this week they're going to boost their investment in manufacturing capacity to upwards of $28 billion. that's nearly double the previous estimates, but it takes some time to build all of that out. and in the meantime, we know we've been hearing about the impact of the chip shortage on cars, but it doesn't matter if

keytruda from merck. see the different types of cancer keytruda is approved to treat at keytruda.com, and ask your doctor if keytruda can be part of your story. ♪. neil: all right, the president is going to be touring around the country this week. he will have stops later on today to try to make the push for his spending plan, no longer calling it the human infrastructure plan. with a different wrinkle here about where the money is going and how it will benefit more americans. democrats hope the strategy to widen this out to a crowd that might sort of put the pressure on their respective congressman to do something might do the trick. go to hillary vaughn following all of these developments in washington. reporter: hey, neil. democrats wanted to get away from talking about the price tag for this reconciliation package but now progressives are wanting people to do a little math to look at the total cost but divide that by 10, because ultimately that is what they're asking for from this price tag to have

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keytruda from merck. see the different types of cancer keytruda is approved to treat at keytruda.com, and ask your doctor if keytruda can be part of your story. >> charles: americans are paying the highest gas price since 2014. california well you know they have the highest average. some counties in fact over $5 a gallon. soon it might even go higher. in her making money debut, kelly o'grady is with us now in los angeles with more. kelly? >> well, thanks, charles. i'm excited to be here, but listen, not only does california have the highest prices, we also have the highest taxes, making up more than 25% of what you spend at the pump. i want to break that number down. i will start with the more familiar ones. so federal tax, that's 18 cents. 16 cents for sales. a whopping 51 cents for that state excise tax, but that's not all. california levies a number of fees aimed at reducing carbon emissions. you add on another 39 cents for that, and every time you fill up, you're paying $1.24 a gallon in taxes alone.

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keytruda from merck. see the different types of cancer keytruda is approved to treat at keytruda.com, and ask your doctor if keytruda can be part of your story. (music) ♪ i think to myself ♪ ♪ what a wonderful world ♪ (music) ♪ i think to myself ♪ ♪ what a wonderful world ♪ >>> the florida state board of education voting to sanction eight school districts for instituting mask mandates without the ability to opt out. so the board saying that they are directly violating governor ron desantis florida department of health emergency rule. but the superintendents of the eight school districts arguing they were in compliance, citing rising case rates as a reason to implement mask mandates. the fight over mask mandates has been playing out over weeks and we've seen it in school boards all across the country. >> lord, stop. stop the left-wing, harmful, evil spirits that are taking over some of our board members. >> let me go back to what masks really are. they are a sexual fetish for all of y'all t

keytruda from merck. see the different types of cancer keytruda is approved to treat at keytruda.com, and ask your doctor if keytruda can be part of your story. >>> a performer at moscow's famous theater has been killed in a horrifying on-stage incident. the moscow prosecutor's office is now investigating the accident. more now from cnn's matthew chance. >> reporter: jim, this tragic accident happened during a scenery change during a performance of a famous russian opera called "sadka. apparently according to law enforcement agencies, one of the background actors moved the wrong way when a heavy ramp was being loaded onto the stage, crushing him underneath it. footage appeared online showed panic performers shouting "stop" and "call an ambulance." but attempts to revive him were successful. members on social media thought it was some kind of staged trick. in a statement the theater has expressed condolences to family and friends of the victim. investigators say they're looking into the circumstances aroun

keytruda from merck. see the different types of cancer keytruda is approved to treat at keytruda.com, and ask your doctor if keytruda can be part of your story. >>> new numbers show why there's growing concern about record shortages and shipping delays ahead of the holiday season. according to new data from adobe analytics, out of stock messages online are expected to go up 172% this holiday season compared with last year. get this, up 360% over a two-year basis. these numbers come as shoppers rush to stores and onto websites. they're purchasing gifts exacerbating the backlog around the world. joining me is "the washington post" economic correspondent heather long. welcome back, heather. this is not something we all want to talk about. we are seeing the highest inflation in 13 years. we've been told this is short-term, but with the higher demand, the the cost of consumer goods going up, that includes food, energy costs for sure, officials say that u.s. households going to pay more to heat their homes this

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keytruda from merck. see the different types of cancer keytruda is approved to treat at keytruda.com, and ask your doctor if keytruda can be part of your story. >>> and we have breaking news from florida and specifically a park near ft. lauderdale where items belonging to brian laundrie may have been found according to attorney for the laundrie family. police are conducting a more thorough investigation of the area. but his parents went to the park to help search for their son. the sarasota medical examiner asking to respond to the reserve. he remains the only person of interest surrounding the death of his fiancee gabby petito. >>> we are taking a look at the surviving supply chain across the country. trueing truck drivers and local ports. consumers and local businesses are bearing the bankrupt of the problem. >> one week we can't get handle shopping bags. the next week i can't get lids. nothing to say. >> something in the spring we're getting half of, because they don't have the quantities in the wareho

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keytruda from merck. see the different types of cancer keytruda is approved to treat at keytruda.com, and ask your doctor if keytruda can be part of your story. ♪. cheryl: stocks continuing to hold on to the feigns in final few moments of trading including technology stocks. the dow is up 358. we need to stay above 323 to erase yesterday's losses for the dow. s&p at this point, we're below that number, 56 points and change. we'll see what happens. >>> yet the fang gang extending losses from the september peak to almost one trillion dollars. our closer says there are non-tech tech stocks out there. david cox, harris group managing the partner. jamie, what do you mean by non-tech tech stocks. who is that? >> i have don't think there is a company that isn't really a technology company in sheep's clothing. all the old stodgy industries like industrials, retail, things like that, over the last year have really come about and alive in terms of their tech strategy. a couple of examples, williams-sonoma. omni c

keytruda from merck. ask your doctor about keytruda. >>> just before we got on the air tonight the u.s. senate voted to allow democrats to raise the debt ceiling for a few more weeks whereupon i guess we'll get to do this all over again. 11 republicans joined with democrats to allow the vote to happen. but then when the vote actually happened no republicans voted with democrats to do it. so there's a 60-vote threshold to allow the democrats to vote for it. republicans did allow that with 11 republicans senators joining with the democrats. then when it came time to actually take the vote and raise the debt ceiling it was democrats only. why are we doing this? you might remember that a few weeks ago republicans were threatening not one but two completely unnecessary self-inflicted crises, hitting the debt ceiling and also forcing the u.s. government into a government shutdown. well, those things have been averted for now. last week democrats reached a deal with the republicans to delay the government shutdo

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keytruda from merck. see the different types of cancer keytruda is approved to treat at keytruda.com, and ask your doctor if keytruda can be part of your story. >> bill: higher prices aren't the only obstacles facing consumers. many stores across the country dealing with empty shelves. we're live in chicago with more on that. what did you find out, grady? good morning. >> shelves look like this across product cat gaers across the country. milk, eggs, meat, juices. a lot of bare shelves and where it looks like it is full but you look back and there isn't as much stock as there appears to be. barb is the owner here at happy foods in chicago. you have never seen anything like this. >> it's the first time we've ever experienced anything like this. >> you have about a third of your orders for distribute ors and waiting for them because of supply chain problems. >> it is happening every week. >> when will it resolve and how will it resolve? >> i hope it resolves soon. it won't resolve until there is labor to br

keytruda from merck. see the different types of cancer keytruda is approved to treat at keytruda.com, and ask your doctor if keytruda can be part of your story. >>> pakistani officials are paying tribute to the man known as the father of the nation's nuclear weapons program. abdul kadir khan known as aq passed away at hospital. he's seen as a dangerous threat by the west. pakistan's prime minister calls him the father of pakistan. tell us more about the man and his controversial legacy. >> reporter: kim, he is known as being the father of pakistan's nuclear program. it's an honor that is revered here in pakistan. he is revered across the political spectrum, across all ethnicities. pakistanis rarely unite to praise their public figures. he is one who did unite pakistanis. he does have a controversial legacy. he was known and was accused by the united states and the european union for vast -- foreheading a vast nuclear proliferation program which shared nuclear secrets with north korea, with libya, with ira

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keytruda from merck. see the different types of cancer keytruda is approved to treat at keytruda.com, and ask your doctor if keytruda can be part of your story. liz: a san jose woman is dead after being caught in the crossfire of a drug gang related shootout. undelete was one of two foreign tourists killed in this shooting. an instagram account should a post of her lounging and smiling on a seaside two days ago. they listed her aslblger fromndn lifornia. pelysem wiineementn presidenten's domestic agenda. she had breakfast to work at the remaining issues at the white house. elizabeth josie explains what is in and out of the president's spending plan. reporter: president biden is making a push to get his economic agenda through congress , revealing key details about negotiations during a cnn town hall. pres. biden: i do think i will get a deal. reporter: he confirmed concessions must be made to get all 50 democratic senators on board to pass his bill on childcare, climate change, and more. gov. newsom: when

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keytruda from merck. see the different types of cancer keytruda is approved to treat at keytruda.com, and ask your doctor if keytruda can be part of your story. ♪. charles: i've been calling it the great workers strike. others are calling it the great resignation. no matter the name this labor crisis is very real and nothing we've seen before. in fact the even the mob having trouble finding quality workers. susan li with the details. reporter: iconic the godfather music, charles. it is market with workers looking at one million plus more available jobs than looking for work. workers have more market power, more choice. for employers it is tough to find good help these days. they have to even pay higher wages. a dallas fed study that you picked out here, former employees are more reluctant to go back to their old jobs. a growing number say no, they would not go back to their old jobs for the same pay. so the jobs market is so good, there is this emerging trend called ghosting where employees are quitting

keytruda from merck. see the different types of cancer keytruda is approved to treat at keytruda.com, and ask your doctor if keytruda can be part of your story. charles: a rocky ride for themae has been a silent carnage going on with individuals for months. take a look at these numbers, the average member applying from the high point, 17% down from the high point, the nasdaq 38%, the russell 34%, that is a market crash, the question is what happens next steve strategist, brian belski, we talked about corrections and that's hitting the home market, these declines are mind-boggling are we in a bear market right now? >> i don't think so i put my bowl away so i'm not bear hunting at all right now. it is encouraging to see those numbers because here's why it's encouraging there has been so much talk of frost in the market and it really exacerbates the trend and vision of the stock market as a market of stocks we've kind of forgotten that and it's good that we've seen this type of pullback especially in the sma

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keytruda from merck. see the different types of cancer keytruda is approved to treat at keytruda.com, and ask your doctor if keytruda can be part of your story. charles: all right, folks, it's earnings reports pushing stocks higher right now, as we head into the final hour of trading and while earnings are coming out mostly beating top line on some of these companies have been challenging i'll bring in strategic wealth president and ceo mark tepper along with brian dietrich. there's a big wave, at least there was right before earnings season, wall street got a little bit nervous, and right before earnings kicked off, it looks like these analysts panicked. what are your thoughts? i mean what was that all about because it looks like they made a big mistake. >> it does look like a big mistake but i think we'll hear a lot of would have should have could have this quarter in regards to supply chain issues, cost inflation, wage inflation, things like that, but at the end of the day, charles look. the last two q

keytruda from merck. see the different types of cancer keytruda is approved to treat at keytruda.com, and ask your doctor if keytruda can be part of your story. ♪ ♪ and ask your doctor if ♪ ♪ ♪ ♪ ♪ ♪ >> got breaking news right now, senate democratic leader chuck schumer says he is soon going to file closure on the house passed bill to extend the debt limit until december of 2022, preparing for a vote on it measure the vote for the vote. the move comes after the house passed that measure last week. lot to follow on capitol hill. well, chipmaker wolf speed debut ing its new name and re listing on the new york stock exchange today as part of the company's transition from pioneering led's to pure play semiconductors. the company formerly known as c ree also making headlines today after announcing a new deal with general motors to supply its silicon carbide technology to power future ev programs and johning us on this exciting development and a new chapter for the company, wolfspeed greg lowe,

keytruda from merck. see the different types of cancer keytruda is approved to treat at keytruda.com, and ask your doctor if keytruda can be part of your story. . . ♪. lauren: closing bell rings in 3 1/2 minutes. markets off the highs as president biden delivers his remarks on vaccine mandates right now in elk grove village, illinois. he is pushing a vaccine mandate. you push workers to roll up their sleeves they will. that is how the country continues to recover. stock market recovered a bit. roller coaster especially last month and this month. seasonally the most volatile, the if not the worst months of the year. have markets reached their peak? our countydown closer thinks the best is to come. he has $99 billion unmanagement and ron joins us now. ron, why do you think the market has more room to run? >> certainly as you pointed out we had market turbulence a fair amount of volatility and i think we've hit a little bit of soft patch in growth and markets are questioning whether the best is behind us a