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tv   Varney Company  FOX Business  May 14, 2024 11:00am-12:00pm EDT

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>> we're seeing it again and again in polls, they're losing young people. and it doesn't help to have the white house press secretary saying, oh, no, no, no, young people love biden. >> this president has taken 200 attacks on american energy. every one of those makes china stronger, russia stronger, iran stronger, and they hurt america. >> really anti-constitutional, you know, how they're pursuing this based on one convicted
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perjurer and his word versus, you know, the truth, quite frankly. >> you have the district attorney of san francisco who's arguing against prosecuting crime, against prosecuting drug dealers. >> when joe biden tells young people and all the american people that bide mom pick es is working -- bidenomics is working, you are a flat-out, bold-faced liar, joe biden of. ♪ take a look at me now -- ♪ 'cuz there's just an empty space ♪ stuart: all right. it is, what's this song? i can't see is it. against all odds, phil collins. kind of faded and disappeared, didn't he? all of a sudden. all right. i don't know much about it, so i'll get on with it. [laughter] 1 1:00 eastern time. it is tuesday, may the 14th. happy birthday, emma, my daughter in florida. thank you very much, indeed. check the markets, why not? 52 points up for the dow. nasdaq up 63. if not much price trend this morning. mostly higher but not much. now show me big tech, please.
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we have a mixed peck which are there as well -- picture there as well. mostly winners, alphabet, or, apple, meta, amazon up, microsoft is down a buck, that's it. the creed on the 10-year treasury down a bit at 4.46. this just coming at as, we got the latest read on how much household debt increased in the first quarter of the year. take me through it. lauren: total debt increased -- increased by $184 billion, but the number is astound thing, $17.7 trillion in debt and much of that is mortgage debt, over $12 trillion. $111.6 trillion for both -- 1.6 trillion for student and auto debt. but the new york fed notes credit card accounts that are going into serious delinquency are rising, and that is happening in every single age group. stuart: that's the bottom line of that report. all right, lauren, thanks very much, indeed. and now this. the biden campaign is worried about "the new york times", and the new york times is worried
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about the biden campaign. they're both worried about the same thing, biden might lose and trump might win. the campaign recently complained that the times was not putting out positive stories. democrats consider it to be the duty of the times to look favorably on their candidate, especially when the opponent donald trump. they're not getting the coverage they want. the campaign is not getting the coverage they've come to expect. look at this op-ed. biden is not winning. his campaign should stop acting like it is. that was published may the 1st this year. this week another negative opinion piece, biden is doing it all a wrong. okay, now, that headline was later changed, but the point was made. the accident stayed the same. he's -- the script. stayed the same. he's doing the wrong thing. then the times showed trump leading biden in five of six key states. they softened the blow by pointing out democrats are looking good in some senate races, but the point was made, biden is losing. the times saying, hey, do
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something about it. when "the new york times" tells a democrat president that you're in trouble, you know the marriage is breaking down. could it be with that the times is signaling that biden should step aside? well,, look at this. thquestion is not if biden should step aside, it's how. the writer says biden should shock the world and step aside at the chicago convention, and that's in the times. that was published in february. don't be surprised if that kind of opinion appears again and soon. if time's running out, trump is winning. to the times, drastic action is required. no wonder the biden campaign is not happy. third hour of "varney" starts now. ♪ ♪ stuart: jimmy failla is here to comment on my editorial. >> is he ever. [laughter] great to see you, stu. stuart: you too, jimmy. >> you opened this hour with a phil collins song, against all
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odds. that's actually the biden can campaign song for 2024. [laughter] stuart: that's good. >> it's not just times calling this out, it's pretty much if every voter and key constituency that would traditionallily get a democrat candidate over the top. i think the collective sentiment is, yes, biden should step aside for someone younger like moses, we're just not there. [laughter] i don't know if it's going to be drastic like the convention, but i do think that's where the polls are trending, and it's the issues that are a take them there. and that's why there's such a groundswell to get him out of there, because none of these issues are going to change in a profound way between now and november. the economy's bad, you know in people don't like it. stuart: and if biden's lost "the new york times," he's lost the election. >> the one thing i give him is people are krogh about a trump drawing 100,000 -- crowing, but biden drew 10 million at the border. that's not anything. -- nothing. [laughter] if. stuart: that's a very good line. you arranged that beforehand.
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>> no, i showed up. we just start talking and things happen. i'm sorry. stuart: here's another one for you. a cnn correspondent says swing state voters are disguested and bored by -- disgusted and bored by donald trump's criminal trial. watch this. >> as i talk to voters across the country, a, many of them aren't paying attention at all and are disgusted and sort of tired with this, but the numbers beyond the horse race are so interesting. the reason president biden is having problems is because of young voters, voters of color, inflation. that is the issue on the minds of voters, not this. as of now, it's actually helped donald trump. stuart: so, jimmy, is biden's lawfare strategy failing? not working? >> yeah, and i'll tell you why. because people don't have the luxury of caring about this trial. i mean that. it is a luxury to care when the economy's bad, when the border's bad, when crime is bad. this is kind of a superficial pursuit to the voter, okay? and, again, if you're struggling to pay for goods or you don't feel safe, it doesn't matter to you that trump paid stormy
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daniels by check when she normally gets paid in singles, okay? if what's the big deal here? they've outgrown this, they want to move on. stuart: do you think voters are disgusted by what they've heard at the trial? >> absolutely, because nothing that's gone on in the are realm of testimony was specific to the actual charge. stuart: they haven't revealed a crime yet. >> no, one of it matters. that's the point. for my money, i think this helps trump the lodger it goes on -- longer it goes on. stuart: jim jimmy, we are going to make sure -- >> did you get extra sleep last night? >> i'm a little spupgy with. stuart: it's a little late for me, but 10:00 every saturday on fox news saturday night, catch jimmy. sphwhroosh we're still up but just, nasdaq's to up 59. lou basenese joining us, for the hour, by the way. we got the ppi inflation report this morning. it ticked up a little bit.
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why hassett not affected the markets effectively. >> i think the everyone wants to see cpi, tomorrow's report. this is a trend. it's clear we've now had four inflation readings in a row that are higher than expected. one's an anomaly, two's a pattern, three's a trend. four? we could be in a crisis tomorrow. this could be what a tips the market over with worry about inflation -- stuart: relate me repeat that -- let me repeat that. if tomorrow there's another uptick in inflation at the consumer leveling you think this market really falls out of bed? >> i do. i think there's a chance. steeple's out saying a 10 percent correction, i think that's reasonable. we have to reset expectations thes on when the fed's going to cut rays. the fed's not coming anytime soon which is something i've been saying, but investors are not willing to accept that reality. they may be forced to tomorrow. hopefully not -- stuart: the other side of the coin is the earnings reports. 80% of the s&p 500 have reported, and they're good, aren't they?
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>> yeah, it's been a really good quarter. the composite growth rate for earnings is about 5%, so the s&p 500 has returned to growth, and expectationses for q2,, q3 and q4 are even stronger. so, fundamentally, corporations are in a a great spot. but it's rest about the fed at this point. stuart: got it. lauren's looking at the meme stocks again, they're soaring. they're way up all over again. what's this got to do with roaring kitty? lauren: so roar i -- roaring kitty is the, and account of a man called keith -- he posted again yesterday suggesting that the retail crowd is back. this is david versus goliath take two. small traders banding together to pub up the pice of certain -- push up the price of certain stocks foresting hedge funds to cover their shorts. this is how it's playing out today. look at gamestop, up 74% at the
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close yesterday, but look at it now. it was halted several times. i think it's up, at last check, 60%, right? if ark mc, it was up almost 80% yesterday. it's up 92 as i speak. these are names that are short on fundamentals. you have, well, short on fundamentals, i will specifically speak to beyond meat, reddit and blackberry. the question is why now and how is this different than three years ago. >> a lot of people still at home with lots of free time and lots of free money. nowadays it's different. more people are back to work, a lot of the consumer savings have started to come down a little bit, so there's less money available to trade with. lauren: maybe they're looking to make a quick buck these days because money is running tight. i don't know. stuart: lou, i think they've turned it into a gambling casino. >> it's a complete speculation. roaring kit kitty must need some
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spending money. americans are going to end up holding the bag and not holding the riches they anticipate. it's the greater fool theory at work, it's something you should stay away. if there's any advisers telling you and calling you to buy these stocks, fire them and not even think about these stocks. these are pure, outer the speculations. stuart: tell us how you really feel. lou basenese, thank you very much. coming up, mc-chapel hill -- unc-chapel hill slashing funding for their deid.. they're going to put the money towards funding campus police. how about that? we're going to take on that debate. san francisco's solution to helping homeless alcoholics is giving them free booze. how does that make sense? we'll try to explain it. some awe lawmakers ripping into -- lawmakers ripping into biden for pausing weapons shipments to israel. senator mike rounds is one of them. he'll tell us what message biden is sending to our allies around the world, and it's not a good message. the world is waiting to hear
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and existing customers could even get up to triple the speeds at no additional cost. from the company with 99.9% network reliability and advanced cyber security, it's ultimate speed for ultimate business. and it's all from comcast business. stuart: all right, this is just coming at us, reuters reports that vladimir putin meet with china's xi jinping on thursday in beijing. a putin aide says it's just an informal meeting about a ukraine. today israel celebrates 76 years of independence. trey yingst is for us -- is with us many tel aviv. we understand there's new fighting in northern gaza. that's a development. what more do you know? >> reporter: yeah, hey, stuart, good morning. israeli ground forces are still operating throughout the gaza strip. more than 220 days into this
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war, the battle rages on. an area that was previously cleared byes reilly soldiers, they had to go back into the with neighborhood that a sits just north of gaza city. the air force supporting this operation launching more than 100 strikes in the past 24 hours. along the border overnight, or we saw some of the strikes with extensionive helicopter and drone activity. with fighting ongoing, international attention remains on gaza's southernmost city of rafah where the israelis have ordered more palestinian cities to evacuate to the humanitarian zone. the death toll among the civilian population continues to rise. in central gaza, palestinians are digging through the rubble in the aftermath of an israeli airstrike. the scene all too familiar for palestinian civilians. >> translator: this is madness. they are targeting people, civilians. they have nothing to do with a resistance or with anything. they are children. i swear to god they are children. >> reporter: the biden
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administration spoke yesterday about the rising death toll in gaza saying the position of the american government is that israel is not committing a genocide against the palestinians; rather, calling on the israel his to use restraint during their e military operations. stuart? stuart: trey yingst, thank you very much, indeed. joining me here in new york is senator mike rounds, republican from the great state of south dakota. mr. senator, you and a group of i think it's over a hundred lawmakers, you're demanding that president biden resume weapons shipments to israel. can you make him do it? >> we can't make him do it, but we can most certainly send a message to our allies, the israelis, that we do not support the way that he has taken on this particular if tactic. number one, he is telling them how they should run their war. second of all, he is also then releasing that information of a private conversation to the world and in doing so, he is sending a message to hamas which gives them an opportunity to
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play with it in order to send the message to the rest of the world that the united states' support for israel is failing and that the protests over here are working and that that support is something that is israelis should not be taking for granted. stuart: the people in taiwan, the people in ukraine will surely be looking at this weapons pause for our greatest ally in the mideast. they can't have a very positive view of more than leadership. >> it's not only that a, but think about what putin thinks about this and what xi jinping think abouts -- thinks about this. when they go to their allies, they look at the united states and they say this is not the way we will treat our allies. and so as we work with other countries in the developing parts of the world, in africa and so forth, we want them to know that if we become their ally, that we remain their ally and we are consistent. but when you start leaking information about this, something as a serious as munitions, that should never happen, and it's not something that the administration -- if it was an accidental leak, they
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should have it picked immediately, and if it was on purpose, shame on them. stuart: do you think that president biden is, in effect, helping hamas? >> it did not, it did not help israel and most certainly empowered hamas to continue with the propaganda. what a marvelous opportunity for hamas to send a message to their supporters that,s look, you had a difference, you've made a difference. the united states is now slowing down on their musicians -- musicians -- knew munitions deliveries to israel at a critical time in the history of this country. and, look, these bombs that are coming in, these munitions, these are designed to be used on a selective basis specifically for targets that need this type of an approach. and we've got bombs that are as accurate as any made in the world. but if you now restrict uses israel from having access e to those types of material, they have to resort to other materials instead. this war's gone on long enough.
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israel needs to get in, clean this mess up and get out, and the sooner that happens, the better for people that live this in gaza. stuart: in about a one hour, the president's going to give a big speech touting the economy. but inflation is still with us. i wonder how he's going to spin the inflation problem which we've already seen this morning. inflation ticked up yet again. how is he going to spin this? if. stuart: i have no idea. [laughter] ooh. stuart: i shouldn't be with asking you, should i? >> inflation is up over 18% since his time in office, groceries up over 20%, gasoline is up over 37%. the american people aren't stupid, they understand that that. the facts are there. and -- stuart: well, but the president says it's corporate greed. that's what he says. >> it's not. stuart: are you happy with that answersome. >> look, on day one he sent a message to every investor in traditional energy by canceling a pipeline coming out of canada. billions of dollars in investment, and he turned around
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and looked at every investor out there and said i can change all your investments with the stroke of a pen. what a terrible message that sends to investors across not just the united states, but around the world about whether or not they want to invest in the traditional type it is of energy sources we've got in the united states. and that has continued all the way through on our supply chain challenges. now you're going to take a look at what he has pushed, he's said, well, we're going to use they weres. if you want electric vehicles, first of all, you ought to have an infrastructure which could support it which we do not have and, sec of all a, what about the energy production for electricity we're going to the need in the future in he hasn't even talked about the command that -- demand that a.i. is going to take. he is not looking at the big picture. stuart: electric vehicles don't look good in the wide open spaces of south dakota, do they? >> particularly when batteries don't operate very well in cooler temperatures. [laughter] stuart: it gets cool in south dakota. >> it does. stuart: senator rounds, thanks for joining us. oregon what on earth you're doing in new york, but welcome.
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see you soon. scwhroof now this, inflation is making it very difficult for average people to save mustn't ashley, good morning to you. i -- ashley: yeah, good morning. stuart: -- guess this is the complicating retirement plans, is it? ashley: it certainly is. many americans haven't saved enough money or have already used their savings earlier than planned. as you say, inflation is taking its toll. according to a survey in 2022 by the federal reserve, 54.4% of american families have a 401(k) or i, are a account. of course, that means almost half of americans had no significant savings, and if they're waiting on social security to get by, welsh it's not going to be -- well, it's not going to be a comfortable retirement. the average amount of benefits per month? $1907 which works out to less than $23,000 a year. the poverty line, by the way, just less than $18,000 annually. and even for retirees who do have saving, nearly 990% of they
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inflation is already taking a big chunk out of their as sets. stu. stuart: that's correct. thanks, ashley. lou basenese, people on fixed income, often retired people, they feel inflation almost more than anybody, don't they? >> yeah, absolutely. inflation if's been dubbed the thief that robs us all, but it robs those retirees much more. if you look at social insecurity, there's not pick-up payments that can bridge that gap. this is a real crisis, and a tell for me is if you look at annuity sales. as inflation has ticked higher, you've had report annuity sales which are terrible investment, by and large, but they guarantee income. you're seeing that that fear is moving not just from less money to spend, but actually to changing the way people are investing their money because they want to lock in an income down the road. here's the problem. if inflation if keeps ticking higher, it's not going to be enough. stuart: this that accepted rate of return, not good. thanks very much, lou. here's what we have coming up. have you ever wanted to own an
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entire town? if well, if you've got $6 million to spare, now's your chance. we have the story. there were dueling rallies in seattle over the weekend, pro and anti-israel protesters came face to face at the university of washington. jason rantz was there. he'll tell us exactly what he saw next. ♪ if
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stuart: not much movement in the marks. we've got the dow now up 14 and the nasdaq up 777 points, but lou -- 77 points. lou basenese has his stock the picks. first up, itl rom -- itr work m. >> boring utilities are the best sector in the market. it's a technology play on utilities. they make smart meters and ways to digitize and automate the grid, water utilities and gas utilities. enjoying great growth, 222% sales growth -- 22%, strong quarter and has been rallying for most of the year. stuart: how do you find these companies? >> i'm a little bit of a contrarian. this is a $5 billion market cap company,, it's been around for a long time, really hitting a next growth leg. stuart: here's one that i've heard of, arm holdings, a-r-m. it's been recommended on this
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program several times recently. you like it. >> i do. i don't personally own this, do some more research on your own, but this is a great way to play a.i. that isn't nvidia. i i think you have to move on from the nvidias, and arm said heir going to focus and start up a separate division for a.i. chips. the beauty of arm's model is they collect royalties, so it's a very long-term, high profit margin if they're success. stiewrl. stuart: got it. a columbia university student ripped up her diploma on the graduation stage. this was obviously an act of protest, lauren. what was the crowd's reaction? lauren: they cheered her on. her wrists are literally zip tied, and she awkwardly holds her hands above her head and rips her diploma to pieces. [cheers and applause] >> joy van hassle. [cheers and applause]
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>> that's an expensive piece of paper to rip up. people aren't happy about that. lauren: and i think that's a master's degree. she apparently thinks that honor from if columbia university or is not worth it -- stuart: what's she protesting? israel in gaza or the police going onto the columbia campus? probably. laura: lauren yeah. the whole thing. stuart: the idea that the crowd would cheer that kind of thing. that's kind of sick, in my opinion. lauren: well, that's columbia university. stuart: yes, it is. it was. thank you, lauren. pro and anti-israel protesters came face to face at the university of washington in seattle. watch this. sphwr take off your masks! take off your maxes! [background sounds] [inaudible conversations] stuart: all right. jason rantz is with us this morning. in fact, jason was at that rally, and he took that video. what else did you see, jason?
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>> well, what i was shocked to find out was that the university of washington administration gave the free palestine protesters barricades to keep the jewish and christian to protesters, the rally-goers on the pro-israel side, out of the encampment. so what they effectively did was cede all security to the anti-semites who are living on this encampment now for a couple weeks, most of whom don't even go to the school. i saw antifa thugs who were there, they were decked out in black block meaning everything they were wearing was black to conceal their identity. they were putting up their e own fencing as well. meanwhile, you have uw police officers and washington state patrol troopers who were there to augment uw pd, they were there to keep the pro-israel rally-goers out of the encamp. and the whole goal was to march through the encampment to show the city9 and the world that pro-israel activists are not squared of these -- scared of
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these anti-semites, and they're not going to allow them to control a public campus. and yet the university of washington administration decided, as they've been doing for a long time now, to kowtow to the activists on the wrong side of this particular issue. stuart: so how long is this going to go on for? they're just going to let the everyone campment -- encampment stay? most campuses the police have cleared them out but not at the university of washington. >> no, you see, they're having negotiations with the folks on the ground in the encampment. what that looks like, we don't know. every once in a while they'll put out a statement saying we'd like to see it go while doing nothing to move it out. they're keeping jews and those who they believe to be zionists out of the encampment. that's also against the law. stuart: yes, it is. the board of trustees at the university of north carolina just voted to slash its diversity, equity and inebb collusion funding. -- inclusion funding. the money will go towards public safety resources on the chapel
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hill campus. are schools finally starting to jekyll far-left ideas? if are we at a turning point here? >> i think some students are starting to speak out and saying enough is enough. i don't necessarily know if administrators and professors are there yet with. this is obviously a really great development. it turns out this is maybe the first positive thing to come out of all the anti-semitism on campus not just rejecting it. not just showing pride in this country and its support for israel, but now for police, now for public safety on campus. so obviously this is a great development. i still don't see it getting to a point yet where it's wholly rejected, certainly not across the country. what happened many columbia -- what's happening right now at the university of washington, if they were push back against this woke agenda nonsense, they wouldn't have allowed this to occur in the first place. stuart: you got it. san francisco's spending $5 billion a year on a program for homeless alcoholics. they're going to provide them
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with free beer and vodka as well as life skills classes and cultural outings. the managed alcohol program, as it's called, is supposed to help the homeless cut back on how much they drink. do you think this is a good use of taxpayers' money, jason? >> no, not at all. this is part of the harm reduction policy which basically says we're pointing to enable someone's addiction until they're actually ready for actual treatment. the problem is because you keep enabling them, they're never becoming ready for the treatment. your constantly giving them their supply whether it's alcohol or drug paraphernalia to continue what will ultimately kill them. there's a small group of alcohol ics who do require this kind of intervention, but it's a very small group and part usually of a more stringent process, not something like this where as much as they can tell you otherwise, it's pretty lax daze call as far as my of the rules are concerned. there's no judgment, hay don't want to stigmatize alcoholism or drug addiction, so they pretty much let these guys get away
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with whatever hay want and here's a free shot for you to go on to do the whatever else you're going to do. stuart: well, it is san francisco, let's not forget that. >> that's true. [laughter] stuart: jason rank, good stuff. thank you. >> thank you, appreciate it. an entire town is up for sale in california. all right, ashley, come on in. which town and how much does it cost and what's the catch? ashley: well, $6.6 billion. that's going to buy you the historic california town of campo in southeastern san diego county. it's about an hour east of san diego out in the desert, only about a mile away from mexican border. you get 16 acres of land and 92,000 square feet of buildings. and, by the way, about 100 residents live there and rent if a single owner who happens to be an investor from las vegas who also, by the way, leases out 7
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commercial buildings including one to border patrol. the people who live there say, you know what? it's quiet, peaceful and away from the hustle and bustle which, by the way, tends to be the case in the middle of no where in the desert. [laughter] get your bid in now. stuart: that is a good one. thanks very much. ashley: okay. sure. stuart: coming up, new york's mayor with, eric adams, criticized for his handling of the migrant crisis. his policies called haphazard and cruel. part of president biden's economic agenda was to crack down on junk fees to save people money. six major airlines, however, are suing over this. we have the full story for you coming up next. ♪ come fly with me, let's fly, let's fly away. ♪ oh, come on, let's fly. ♪ ♪
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stuart: okay, check those ev makers, please. the administration is slapping 100% tariffs on chinese evs coming into this country and now, this just in, chai china is responding. they say all of this is nothing but bullying and the u.s. is using overcapacity to kneecap other countries. now you know. check boeing, please. they delivered 24 commercial jets in april including 16 max jets. boeing also reported 33 cannes laces for the month, most of them -- cancellations, most of them from one airline in canada. the stock is up 2.7%. six major airlines are suing the administration over its efforts to crack down on so-called junk fees. grady trimble with me now. which junk fees are the airlines suing over? >> reporter: to they oppose this new rule from the biden administration that would require the airlines to disclose fees for, say, checking a bag or changing your flight more clearly on the web site or at the ticket count at the airport. the airlines say this rule is an
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example of overreach by the department of transportation. they call it arbitrary, capricious, an abuse of discretion and otherwise contrary to law. the agency says consumers are overpaying $543 million in fees every single year. the biden administration clearly thinks this war on junk fees, if you will, is a winning issue with voters, but the companies are fighting back. the trade group that represents the airlines and is also part of this lawsuit says the rule will confuse customers, it and add as that the d.o.. the's attempt to regulate private business operations in a thriving marketplace is beyond its authority. consumers are well aware of the existence of ancillary services piece, it says. airlines go to great lengths to make their customers knowledgeable about these fees. the department of transportation is pushing back saying it's going to vigorously defend this rule and that many air travelers will be disappointed to learn the airline lobby is suing to
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stop these common sense protections. 9 stuart, this isn't the only setback the biden administration is facing as a it tries to crack down on these junk piece. just last week a judge in texas put a hold on a rule that would have blocked credit card companies from charging more than $8 for a late fee, so that's tied up in the courts now too. stuart: i can understand it if they crack down on the junk fees that you pay when you stay in a hotel, because the room rate might be $400, for example, but the actual rate you pay is $500 -- >> reporter: maybe that's next for you. [laughter] stuart: maybe they can please me with that, you never know. grady, thank you very much is, indeed. i want to get back to the ev tariffs. lou basenese, what do you think of the tariffs biden is imposing on chinese -- >> look, i think it's a tell on what's happening in the ev market. demand is diminishing to the point where the u.s. is having to resort to keep supply off the market x it's a political ploy and tactic as well. i think it's a bad omen for the ev market, and we've talked about that, about what's happening with demand
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destruction. you've got the early adopters, and we're not sure what the heck is going to happen with the rest of america. stuart: if those evs would be with allowed to come in, they're cheaper. they would take the market just like that. >> if there's any buyers left. stuart: indeed. lou, thank you. now this, the federal government can has a new plan to bring more renewable energy to homes and businesses. how are they going to do it, lauren? if. lauren: beef up the power grid, cut the red cape. -- tape. new rules for the first time in a decade. the goal and to meet the administration's green with dreams that require power and make sure that power is reliable and defend against extreme weather. so they lifted a lot of red tape to do this. new requirements allow for moving electricity across state lines and covering the costs of new projects because they know that evs and a.i. and data centers require a lot of electricity, and they want to make sure we can actually provide it. stuart: good luck with that. lauren, thank you very much. toyota and nissan say they
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are developing next generation ev bat batteries. ashley, do we have any idea what's so special about these new batteries? ashley: could be a game with-changer, stu. according to the japanese automakers,, this next generation of batteries will solve range anxiety and the actual logistics of charging. the answer, they say, is solid state batteries. they eliminate, apparently, the liquid electrolytes that carry lithium ions between the anode and cathode in conventional ev batteries. without liquid, batteries can apparently charge faster and be made lighter giving them greater energy storage capacity. toyota says the batteries will have more than 620 miles of range on one charge. that's about double most current models. and, by the way, charging times -- this is critical -- could be reduced to below 10 minutes. there have been questions raised about their safety, but
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nevertheless, both nissan and toyota hope to have these new batteries ready for commercial use within the next 3-4 years, and that, indeed, could be a game-changer. stuart: i agree, that could be a game-changer the way you describe it. thanks, ash. show the dow 30 -- me the dow 30, please. there's an even split between winners and losers. the dow down a mere 9 points. a sheriff many if florida has a message for democrats fleeing their liberal cities for the sunshine state, go back to where you came from. that sheriff, carmine mossino, joins me next. ♪ hit the road, jack, and don't you come back no more, no more, no more, no more. ♪ hit the road, jack, and don't you come back no more ♪ ♪
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see why so many people, including doctors, are choosing gentlecure. call today or go to gentlecure.com. inside every splenda product is a mission. to help people live happier healthier and longer lives by making it easier to cut out sugar. from our factory to our stevia farm, splenda's team of over 2000 individuals are dedicated to helping people live their best lives. taking pride that everyday millions say “i use splenda.” and now sweeten drinks wherever you are with splenda zero-calorie liquid sweeteners. try all three. available in the baking aisle. stuart: the mayor of new york city under fire for limiting the amount of time migrants can stay in new york city shell shelters. where do they go? lauren: mayor adams can't catch.
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a break. the city has a 60-day limit, and mayor adams says there's too many migrants. the city's at a breaking point. you have 60 days to figure out a plan to get on your feet, then you're out. but the uber-liberal comptrollerrer, brad lander, says that 60-day limit is cruel, it's haphazard a, and it's a policy designed to churn people through a system and push them out of the shelter system with no regard for where they landed. well, half of migrants that received the notices will left, none of them had to sleep on the street. that's what the add adams administration says, and the question is, does brad lander want to support the migrants in person if duety with taxpayer dollars? -- person i duety? stuart: mayor adams -- >> why don't you just true up the two deadlines, 180 days to get a work permit. stuart: that would be unpopular, i suspect. a sheriff in floridas has a politically incorrect demand for
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democrats fleeing liberal cities, go back home. joining me now is that sheriff who joins me from lee county in south florida. sheriff, would you let them say stay and welcome them if they changed their politics? >> so, stuart, it's great to be back again. and, first and foremost, i'm the sheriff of the people. it doesn't matter if you're republican, democrat, no-party affiliate. law and order and safety and security of the human being, of the people, that's most important. what i say is that we are a law and order city and county and state, okay? people follow the rules here. okay? we talk about safe havens in other places. that's the band-aid on the titanic. we help those that have addiction, we get them help. we incarcerate people that deal poison and thrive on those addictions, and we don't say we're sorry. we're going to keep people safe. stuart: you're originally from new york, aren't you? did you change your politics?
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>> i am, i am. i'm a new yorker, born and raised in new york, and i'll tell you this, i'm sad what i see. i'm sad. a 70-year-old man walks down the street and gets punched in the face. that's lawlessness, and that is unacceptable behavior. it doesn't matter if he was a republican or a democrat. it's a 70-year-old man and someone needs to pay the price. so if you did that in my county, i'd hunt you down with every resource, and i'd put you in jail and reincarcerate you because those -- we're not going to tolerate that behavior. stuart: okay. give me the big picture for a second. if trump gets reelected, how do you think that would affect roque law enforcement? if -- local law enforcement? >> well, first, president trump's an amazing man. i've had the honor to meet president trump and his family post-hurricane ian, president trump and ivanka, they were all down here helping us and people in need. so, you know, a, i love president trump. i hope he gets reelected. he's a huge supporter of law
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enforcement. it's not just words, but he calls, he asks if you need anything, and we need law and order. the world has gone crazy. we need to have law and order and keep people safe. it's a shame, what's going on. stuart: okay. sheriff carmine marceno, lee county in south florida, i mow that a county very well. thanks for coming on the show. i'm sure we'll see you again soon. >> thank you, stuart. stuart: time for the tuesday trivia question. this is a really good one. which state has the most boats per capita? minnesota, florida, california, new jersey? the answer, when we return. ♪ ♪
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stuart: which state has the most votes per capita? i think this is a good question. any one of the four could be the winner, minnesota, florida, california, new jersey. you are first, ashley. ashley: i think it's a trick question. you would think florida, but i am going with minnesota, land of 10,000 lakes. stuart: your rationale is good. >> i will go with new jersey in lieu of the new jersey shore. stuart: it is extensive.
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lou? >> jim tannen in jersey shore. i am going jersey. i was thinking my home state. stuart: i will go with florida. all right coastline. the answer is minnesota which you got it right, the coast guard, every one thousand people in minnesota, there are more than 143 boats. you've got 140 -- ashley: you can use it for five days. stuart: a boat is a surefire way of losing a lot of money. better have friends in boats. wealthy relatives with boats. time is up. coast-to-coast starts now. >>

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