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tv   Varney Company  FOX Business  August 26, 2024 11:00am-12:00pm EDT

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glp-1 drugs used in weight loss treatments are a global blockbuster, even with disliked and inconvenient injections. study results are arriving monthly from lexarias patented oral delivery technology trials. lexaria bioscience. it's odd how in an instant things can transform. slipping out of balance into freefall. i'm glad i found stability amidst it all. gold. standing the test of time. >> the democrat party has become the party of censorship and government control and that's the only reason two odd figures like donald trump and rfk jr. would wind up aligning together. >> what i see with nvidia, is i see a stock that virtually everybody loves. the earnings are going to be good, but they're not going to be as good as people want them
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touchdown pass be. >> he should remind the world that it was biden harris that put in place 60 executive orders that dismantled this border. >> what they're doing right now is going to slow the economy in the near term, not help it. >> as long as she doesn't describe her policies, then the higher the risk is with the independent voter withs the swing states, we can get some of them. plus the policies are actually crazy. ♪ ♪ stuart: good morning, everybody. it is 11:00 eastern time on monday, august 26th . a quick look at the market and dow hits an intraday high earlier and on pace for record close. at 41291 and gain of 117 points. the chip makers though, they're leading the nasdaq down and here they are. supermicro, micron, intel, amd,
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knifed .y they're all down. looking at -- nvidia, they're all down and looking at percentage, big losses and big tech all lower, alphabet, just ticked higher. microsoft, amazon, apple and nvidia. they're all down. the yield on the 10-year treasury, that is going down just a fraction, 3.79%. and now this, you can tell the socialists got natural rights approach hands on kamala harris. her economic policy comes straight out of a play book we elizabeth warren and bernie sanders. case in point, a proposed merger of two grocery store chains: kroger and albertsons. this may seem like small potatoes but it is not. the cost of food is at stake. the socialists, federal trade commission and kamala harris want to stop the merger. this is part of the price gouging, excessive profit and bigoses baddest mentality. the left said a get together would reduce competition.
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that's a stretch. traditional supermarkets face increased competition from amazon, wal-mart, costco, aldi, trader joes, and other stores. two chains merging automatically doesn't mean higher prices and bigger profits. that's not true. kroger said it's spent $1 billion to lower prices and it's reduced its profit margins far more than its competitors. to the left, big is bad. waging war on big oil, big tech and now big food. they did the -- the impact of massive government spending. harris supplied the tie breaking vote for the american rescue plan, that dumbed $1.9 trillion into the economy. unnecessarily. set off inflation that hurt so many people. you have to be worried when the front running candidate for the presidency tries to go back to the failed policies of the past primarily for ideological reasons. does anyone believe you bring down prices by suing supermarket chains? how many times have we been told
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that collusion in the energy business produces price gouging at the gas pump? it's not been proven, but it doesn't stop the left's knee jerk reaction. the kroger albertson supermarket merger goes to trial this week. perfect backdrop for dam la harris war on -- kamala harris war on business and what's wrong with the socialist plans. third hour of varney starts now. ♪ ♪ stuart: steve forbes is with us this monday morning. steve, i'll start with -- i want to bring in jason katz on this as well. have price controls ever worked? >> no. roman emperor that try it had a couple thousand years ago failed miserably. they base their currency, very, very simple and the governments always have scapegoats and roman times it was christians and
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media times it was riches and today it's big pharma or big whatever much the only big thing the left believes in is government. stuart: got it. jason. are price controls, the whole idea of price controls bad for business and bad for the economy? and bad for the market? >> it would be a colossal mistake. businesses sometimes a game of opposites. if you curb prices on food in particular, you're sourcing a lot less goods. if there's no competition, then consumers have less of an array to choose from and prices go up. stuart: that was the conclusion of "the wall street journal" editorial today. you do this -- stop this merger and food prices go up. that's their conditionings too. that's a different subject. i want to get to this, to you, steve. donald trump says economic growth will cover $4.6 trillion worth of deficit. steve, you need enormous growth rate to cover a deficit like that. >> this includes next year when the trump stacks cuts of 2017d
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tax cuts of 2017 expire and count that as a tax cut. all that does is keep what's already in place. if there's a big tax raise next year, there's a depressed economy and bigger deficits. more taxes, less growth, less government revenues, less prosperity for the rest of us. trump is right. if we got back to normal growth rates we've experienced in the past like 3, 3.5, 4%, there's a gush of revenues and also it's easier to finance the debt because the world sees you're getting your act in order and they want that paper rather than taking it as a last resort saying the susan li moving and the 1980s and when there's a raise economically, others follow suit. cutting taxes in the 1980s and few years, 50 countries cutting tax rates and trump i think is right on this. stuart: can't do it if -- unless the senate stays or goes to republicans. >> that's right. stuart: absolutely vital.
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>> by the math, the republicans should gain the senate. they have took democrats over 20 seats, 23 seats up for grabs and you've got west virginia, you take a couple of others like montana, or arizona, maryland, and they there you've got a majority. stuart: a republican senate would stymy a harris presidency in terms of policy. are you sure about that? >> only partially. what democrat haves learned with socialism is modern socialism you don't need that. look at student debt. supreme court ruled against it and other courts and they go ahead anyway. these tail pipe emissions and where they want to force people into evs and the like. regulatory state has to be curbed and trump proved in the first term he knows how to tackle regulations and got even a bigger job in the next four years. stuart: steve forbes, we consider ourselves warned. thank you very much indeed, steve. see you soon. >> thank you. stuart: look at market right now. mixed picture, dow's up 90,
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nasdaq is down 151. jason catastrophe, we saw durable goods 0rder this morning go up almost 10%. that's the largest increase in four years. that's a sign of a strong economy, i presume. is it also welcome news for the market? >> yes. for sure. so for the longest time, we didn't know what to root for. finally good news is good news and bad news will be bad news. now that inflation is nearly slayed, the fed no longer needs to be data dependent and we're in a paradigm to root for that kind of news and getting rate cuts regardless. stuart: automatically good news for the markets. >> i'm going back to my theme of opposite. so i think about this for a second, if you're a consumer about to buy a home or expensive purchase and you're going to finance that and you know there's a sequence of rate cuts coming down the pipe, what are you going to do? nothing. you're probably going to wait.
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so counter intuitively you're likely going to see a slow down in the economy, a mild dip before an acceleration. at the end of the day, rate cuts are good, but don't be surprised if we see gdp take a dip shoply after. takes 3-6 months for rate cuts to cycle through. stuart: elephant in the room is nvidia's report on wednesday afternoon. slightest disappointment, there can be a nasty selloff. how do you see it going? >> talk about data dependence. i would argue that most important data point this week is not pce on friday, wasn't the durable goods order. it will be the nvidia news for the obvious reason. nasdaq up 20% and 55% of that move and tributeable to the 7 stocks and after that seven stocks nvidia has been most of the heavy lifting and weeks and months that they're not exceeding that whisper and a major re-rating and not our base case, but that day will come.
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so i don't think it's in the near future but we need to prepare for that . stuart: listening to the call afterwards. >> of course. stuart: that's where the hint might come in and problem with the platform. >> can't drive lumis life looking in the rear-view mirror and we know what last quarter was all about and we need to know what the forecast is for the use case of ai. there's no better proxy. stuart: that's what we've got to listen to. jason katz, thank you, sir. always. lauren is looking at movers. exxon moving 1%. lauren: it was higher and nvidia, major oil producer will stop all of the production. there's geopolitical rift in the country and what's going on in the middle east. exxon will come out with the forbe cast and say we predict america will use as much oil and gas as its using right now. in the year 2050, despite all of the calls to push to more green resources, he says demand will be the same as it is now in
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2050. stuart: that's very interesting. next one, super micro devices. system of articulation lauren: look -- lauren: they make ai and the calm before the storm. could it get worse before better. that's going on 4% with price target going to see the talks of demand for personal computers and smart phones. stuart: there's some concern about the blackwell chip and the delay in producing it. lauren: the production snag and how much will that delay production? getting to on the market. stuart: we'll highlight that on the market in the center fold. here we go. planet fitness. lauren: barron says they're a bullish fresh pick. there's a list of bullish fresh picks and new leadership is spending money and charging gym goers more and $15 to go to planet fitness and not $10 a month. stuart: can't wait. california has a program meant to help low income first time
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home buyers get a loan for down payment and the program could soon be available to illegal migrants. some say housing could be the sleeper issue this election and we know kamala harris proposes a $25,000 tax credit but what's trump's policy? i'll ask dr. ben carson. he's next. ♪
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ryan t. writes, "moving is stressful. can you help me take one thing off of my to do list?” ugh, moving's the worst. with xfinity, you can transfer your internet in just a few taps. just a few easy moves. did somebody say “easy moves”? ♪ ♪ oh no. no, i was talking about moving your internet. this will move the internet. ♪ ♪ ooh, ooh. -let's keep it professional. professional dancers! -ok! stay connected during your move with the best in home wifi. easily transfer your services in the xfinity app. bring on the good stuff. stuart: california has a program meant to help low income first time home buyers get a down
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payment. williams la jeunesse joining me. could this been available to migrants? >> that's what they're trying to ram through sacramento right now is basically a program that subsidizes qualified illegal immigrants to up to $100,000 each to buy a home. so the program is called the california dream for all program. it's created to help mi mid ince home buyers and residents to be here legally as a u.s. citizen or perp n -- permanent residentd last week the opposition changing that eligibility to say this "an applicant that meets requirement for the loan under home purchase assistance program shall not be disqualified by the agency based solely on the applicant's immigration status". >> the social and economic benefits of home ownership should be accessible to everyone, regardless of
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immigration status. reporter: sot program provides first time buyers with a 20% up to home per has price and that's about $150,000 cash up front for each buyer with the down payment and help with closing costs. so this year, the program cost taxpayers about $255 million to help complete the catch 200 buyers and the bill is sponsored and the close ties for biden is harris. >> >> the country can't afford to buy illegal immigrants home.
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opportunistic tianaing the other% of the financing and the bill is expected to pass this week and don't know what governor newsom will do, sign it or not. back to you. stuart: thank you, william. dr. ben carson joining me now. would harris' tax credit plan work. >> it's with credible witnesses and talk about them answering these questions. basically what she wants to do is give $25,000 for down payment assistance. to first time home buyers and who's going to pay for that? it'll just raise the prices that $25,000 and it's not helping anything and $10,000 tax credit.
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helping first time home buyers and trump already proposed to good effect in the past, and what people should do is really compare the two sides. why would you trust somebody that won't even sit down with the press and discuss their policies. ior somebody that only debates f everything fits something that benefits them? that's not what we need. we've had debates for 60+ years in this country. and it's worked very well. why not continue to use the same format we've used for the last 60 years for people to goat to know who the candidates are? stuart: fair question. would you outline what trump's housing policy would be? housing has been called the sleeper issue in this election. fair enough.
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what's trump's policy? has he stated a body of issues? >> he's not stated them but lived them. bear in mind trump administration recognizes the number one mechanism for wealth accumulation in this country is home ownership. the average homeowner has a 40 time greater network than average and that's based on one of the things that was done so effectively and deregulating and we got rid of more than 2,000 regulregulations and subregulats that hurt and moved out of the way so many obstacles and home ownership increase to do the highest levels particularly along that at times. fighting inflation is a policy that actually was taking inflation down and going secondary for the inflation it's
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in federal lands to be realized from home building and these are the kinds of things that. stuart: at the moment, 30-year fixed rate mortgage is 6.5%. how far down do marge rate haves to come to make a significant difference to the housing market? >> not only the marge rates, it's all the other things because fuel prices, utilities, all those things have gone up tremendously and all those things in conjunction have put the american dream out of reach for so many people. you have to fight them off. we were talking about the chance of 2-3% range for mortgages and we're talking double that now. that really knocks the dream out of the ball mark.
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>> it would have to be a period of years to really get some juice back in the housing. >> well, it's going to take time to undo all the problems that were cre created in this administration and when trump came in in 2016, things were in pretty bad shape also. it didn't take long because of knee pads policies and the opportunities and all the things that were done to turn the ship around so it'll take longer this time than it can be done. jacqui: regulation is very important here. dr. ben carson, thanks for joining us, sir. come back soon. good to see you. more on the housing market because we're told it's starting to loosen up. ashley, what does that mean?
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ashley: maybe there's a light at the end of the tunnel and yes, mortgage rates are falling and home prices last month were up 4.2% and new home sales jumped by more than 10% last month to the highest level in 14 months but to qualify for the median price existing single family home is now with a household income of $110,000 and three years ago it was $59,000. the fact that the fed will soon start cutting rates with new rights into the market and getting housing inventory and proving up nearly 20% from a year ago but experts say it's going to take time and labor market is cooling and wage growth stagnating and there's a light at the end of the tunnel and could be well into next year before we see any marked improvements, stu. put it that way. stuart: still ahead, the german
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chief competitive accused of pushing away customer base of woke culture. does he have a future? ceo telegram and he's accused of not dropping content on his site. elon musk criticized the arrest and should musk be worried? that's next. ♪ you can cashback 5% on travel purchased through chase with freedom unlimited and... buy better plane seats. switch to a king suite. or book a silent retreat. silent retreat! oh! hold up! earn big with chase freedom unlimited with no annual fee. how do you cashback? did i read this? did i get eggs? where are my keys?
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memory and thinking issues keep piling up? it may be due to a buildup of amyloid plaques in the brain. visit morethannormalaging.com when you're in the military you're really close with your brothers and your sisters that are in the military with you. and when you get out of the military, you kind of lose that until you find a new family. we can talk about our struggles and the things that we did overseas and not everybody can do that. adam! how's it going, brother? we live pretty close to each other. so he's always coming over. when i go to jack's house, we watch a lot of football, hang out. we go outside the friendship has kind of grown into a family i was overseas on a deployment. i got separated from my marines and i got hit in the neck, and it broke my neck and paralyzed me. 14 years ago, i was on a training mission. did a military freefall, and i had some faulty equipment. i hit the ground.
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going, 30 to 40 knots and was instantly paralyzed. i met jack fanning when he invited us to park city, utah, through his foundation. i was able to actually get on the mountain and ski with my family, i can't put into words what that meant. i got paid in the military to do crazy fun stuff. and after my accident, i'm still that same guy. and when i was able to jump out of a perfectly good, helicopter, at 10,000 feet, i did it. i was talking to some vets last week amazing how we have these houses where they can come over because they■re in chairs too. carpet and wheelchairs don't mix very well. tunnel to towers, they got rid of all that. they redid my whole bathroom. that's probably the favorite part of my house. i thought they were just going to do the upgrades. but the surprise to me was they paid off the entire mortgage. when they told me they're going to pay off my mortgage, i cried.
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stuart: all right. split picture here. look at the chip makers that are way, way down and that's really hurting the nasdaq composite. nvidia is a chip maker and that's helping the nasdaq go down 140 points. i want to know what's with tesla, lauren? lauren: it's also down about 3%. canada will slap 100% tariff on imports of chinese-made evs. they're saying, tesla is an american company. sure, but they ship a lot from their factory in shanghai to canada. a data from canada's largest port shows imports from automobiles from china jumped 460% last year. just when turnover margins la started -- tesla started
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shipping from shanghai. stuart: thanks very much, lauren. moving onto chief executive of messaging. grady trim seatbelt with us. what did the ceo specifically accused of doing? >> stu, a police spokesman in france said he's accused of failing to cooperate oversupper and financial crimes on telegram and french president emmanuel macron weighing in and saying it's part of ongoing judicial investigation and not a political decision, all though there's some people that are kept criminal of that. kept al of that and -- skeptical of that and the russian-born citizen with his plane landing outside of paris
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saturday evening and raising concerns of free speech and online censorship, not just in europe but around the world and including in the u.s.. critics long said telegram loosely moderates content than other social media platforms and misinformation to spread online and doesn't cooperate with law enforcement but free speech advocates and going by governments to censor online speech and say it's a slippery slope. >> do not think those bad ideas will not be imported into the united states. this is the type of authoritarian actions we see at a nayses like iran or turkey and western democracies in europe and not the united states of america. >> in a statement, telegram said all european laws going onto say durov has nothing to hide and travels frequently in europe and a platform or its owner are
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responsible for abuse of that platform. other tech executives like elon musk and head of rumble are chiming in voicing support for durov. musk shared a clip from old video and interview in which he said "moderation is a propaganda word for censorship". rfk jr. weighing in saying the need to protect free speech has never been more urgent. as you might remember, stu, last week he cited protecting free speech one of the reasons he joined forces with former president trump. stu. stuart: got it, grady, thanks very much indeed. former anheuser-bush director of operations joining me now. should elon musk be worried? >> he should and only a couple years ago that the biden administration was coordinating with twitter before elon musk bought it. if this kamala harris is elected this year, who knows what type of policy she might bring back. show could potentially shut down
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free speech in the country and shut down the platforms like twitter and maybe even hold executives accountable if they don't like the speech on that platform she's trying to shut down. stuart: this is a worldwide phenomena, isn't it? a tax on free speech and defense of free speech. it's literally global these days. >> it is and started in europe where the european governments tried to shut down the right wing parties they didn't like and now it's the capitalism model that started in europe and spreeding to other parts of the board spreading to the last couple of years and things like free speech and basic companies ability to do business as well. you're seeing things like dei, all these policies that are more government imposed and that's how europe operates coming to the u.s., all of us should be concerned. stuart: even britain are clamping down on free speech and really clamping down hard there. i want to move onto this, jocko
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rights is ending the dei program after receiving enormous backlash online. should the german ceo be worried about his job? >> i think the german ceo should be worried about his job. if you look at the company over the last five ye years and it ws in the market of the united states and over the last five years went 38% of the market share and that's gone down dramatically since taking over and it's simple why. if you take a look at mission statement of harley davidson, freedom for the soul is what the customers want. they want freedom and rugged individualism and the open road. that's what ha harley came to hr son fie for them. personify for them and programs like hiring quo toes and putting supply quotas and nothing free about that. when all of a sudden instead of being free to hire the best and
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the brightest, being free to choose the best person that is going to supply the parts for your motorcycles and now you're putting restrictions on them, that's not what they want. see what's happening with boeing for example in the last couple of years. dei mandates and supply and diversities mandates and a plane falling out of the sky and their mcellroys are breaking -- motorcycles are breaking down and the ceo should be worried about his job. stuart: times are achanging. thanks, an son, for soming on the show. see you soon. there's a new online trend about the word demur. lauren: yeah. stuart: do. lauren: we told you about that black summer that was a trend. big bad, online was messy and now it's flip 180 to demur autumn. demur, lady-like, mindful.
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mindful of what? where you are and who you're with. for instance what you're looking at is the person who started this trend. she's a trans-female jules lebron and this is how i do my makeup going to work and it's tasteful and demur and companies are taking note and she's a brand ambassador for companies like verizon, united airlines telling customers to be very demur when you lineup on the plane and dunkin' donuts is saying their traditional glazed doughnut is demur. stuart: can a man be demur? lauren: sure. stuart: it's not just lady like? lauren: proper and mindful of your situation. stuart: this should be on friday feedback.
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lauren: getting ready for school, be tidy again. stuart: babe ruth iconic shot jersey going for auction and holds the record for most valuable sports collectible. how much it went for. first, u.s. open begins today and expected to bring in more money than ever. the big tennis story from queens next. ♪ ameritrade is now part of schwab. bringing you an elevated experience, tailor-made for trader minds.
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stuart: goldman sachs, boeing,
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amgen, they're all down. shaving 75 points off the dow industrials. nas a darling stone looking at san diego for future street races. synergy home san diego, ash? ashley: it's a city more famous for surfers and nascar thinks it's a perfect place for scars speeding around through downtown streets and they're looking to expand to urban areas with temporary circuits and tracks being used for decades and nascar held street races in chicago, sources say san diego, one of the cities of this race group is really targeting, other cities maybe considered talking to cincinnati, baltimore and some cities in the pacific northwest. look, formula 1 has street racing in the u.s. so why not nascar? stu? stuart: the thing about san diego is the weather is always good. 300 day as year, 72 and sunny.
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ashley: beautiful. stuart: u.s. open begins today. gerri willis in flushings, queens. how much money does a major sporting event like this bring in, the u.s. open? how much? reporter: get read ready: $1.5 billion. u.s. open starting today, day number one. we're here right in front of the virgin king tennis center, and this event is huge as i say. taylor swift may be big, but sports tourism is massive. last year it generated $52 billion. folks took 200 million sports trips and what's the fastest growing event of that? think about mom and dad. listen. >> the sports tourism sector is currently growing at a pace that we've never seen before. driving there and moms and dads
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choosing to spend tourism dollars to go to sports events. reporter: the numbers are mind boggling and talking about the purse first and $75 million going to the winners and that's $10 million and it's the biggest of all time. usda sponsors the event going to pay $5 million in rent and they have hired 7,000 seasonal workers and very big indeed. all in $1.5 billion in economic impact for new york city and it's bigger than the final four last year. it was $430 billion and the super bowl, which had a economic imact of $1 billion. sports are big, big, big. back to you. stuart: gerri, we'll take it. thank you very much indeed. you shocked me with that big number over a billion dollars. that's a huge number. really is.
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another huge number, babe ruth's iconic called shot jersey got auctioned in texas over the weekend. i'm sure it brought in a huge amount of money. lauren: a record $24.1 million. for a jersey. he wore this jersey during game 3 of 1932 world series new york yankees versus chicago cubs and basically called the shot by pointing to the center field bleachers and hit the home run. predicted the hit. that was the world series and called shot was the last home run in a world series and that jersey that went for $24.1 million is considered the mo ma lisa of -- mona lisa of baseball's golden age. stuart: very good. check out the dow stocks and all 30 of them sense of the market. where are we? a lot of red. i don't know. there's more green than red. the dow is holding precarious 27
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point gain a. number of school board candidates backed by florida governor desantis lost election last week. is that a setback for school choice? we'll have education expert erica donalds next. ♪ ♪ when the sawdust settles and the engine finally roars the thing you care about most is a job well done. ♪ but when you get your tools from harbor freight something about the job feels a little different - your wallet. because we believe no matter what you're working on you need high quality tools at a great price.
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stuart: it's education in america week at fox as students head back to class, we're looking a the challenges facing our schools. lydia hu with maine the teacher's unions don't want it. >> you're exactly right and look to florida as an example why. it's a great illustration because there, school choice is celebrated by the school choice advocates and the policy is so browed in the sunshine state is choice and education and public school advocates and teacher's union as you point out, they're concerned because parents have a choice and they're exercising it in florida. thousands of people in public and school choice is not what the voters want and the primary
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elections for last week and there nearly half of the school board candidates backed by governor ron desantis lost in local races so the union says, hey, that's a sign that voters want fully funded public schools. and the public school advocates and teacher's union are worried because school choice policies are expanding in the country over the past fur years and some of the states embracing that policy and parents in other states and they're saying we want it and we're going to fight for it. here's a home games advocate in pennsylvania. >> this crosses partisan lines and comes down to children's lives, respect for parent agency, and parents quite honestly are tired of being used as political pawns. >> that is the push pull fight over school choice and it's just one of the issues we're examining all week in special
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reports on fox business and teacher shortages and cell phone policies and i hope you'll watch the special report on friday night at 8:000. there's a great story. stuart: now this, most school board candidates backed by florida governor desantis lost in the latest elections. education expert erica donalds joins me now. we just detailed the loss by desantis-backed candidates. this is a really big setback for school choice in florida? >> well, i noted that the source of this loss is this teacher's union trying to tout wins but the tally has not been made for govern desantis and his endorsements in the primary. in florida, we have runoff elections in november and when governor desantis endorsed candidates won 25 out of 30 races, that was after the november election. the majority of his endorsed candidates did win or make it to the runoffs in november and with the leadership institute training these candidates with
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great camp campaigns and it's po parent pol policies and that's w different it is for the establishment and wants complete control over our children and i'm quite certain we'll have a similar record in 2024 we were put that way because of governor desantis and state legislature that passed as we mentioned and policies that give every parent education freedom in florida. stuart: we just reported that tens of thousands of students have left the public school system. presumably exercising their choice. is that accurate? tens of thousand s? >> it is. absolutely. in fact, i listen to that number and i thought that's low because almost 500,000 families have taken advantage of the education savings accounts that have been offered. the family empowerment scholarship and we'll see more and more of them exercising those options as weightless being able to diminish the
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private schools and more and more opening here in southern florida and now it's enacted and like i said, school choice is the way of the world here in florida and it's expanding across the country. more and more states are looking to florida to see if they can replicate what we've done to establish education freedom and we're not going back. the unions are holding onto whatever they can in their local school board races but even then after november, this is going to be a very different conversation. stuart: kamala harris and tim walz administration would be bad for the public. bad for school choice; right? >> yeah, but bad for education overall. the harris walz ticket is the worst kind of education policies. increased spending and decreased economic performance. governor walz actually presided over a 10 point decrease in proficiency in both reading and math in his state during his tenure. as well as a doubling of chronic absenteeism and you and i have
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talked about how detrimental absenteeism has been in our schools and i know that i don't want to see those policies enacted across the countries and parents don't either. education choice and freedoms and parents rights to the children and more importantly it's all of our schools. stuart: got it. this election issue. erika donalds, good stuff. see us again. love to have you back. monday trivia question, here you go, when was the national park service created? 1888, 1895, 1904, 1916? when was it? the answer when we come back. ♪ (♪)
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stuart: when was the national park service created, in the 19th century, 1898, 1899, 19041916. actually it is all yours. >> i have no clue i think yellowstone was the first national park, i'm going to go with number four, 1916. stuart: what you got.
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>> 1895. >> that's what i'm going with 1895. actually got it right. 1916 signed by woodward wilson, yesterday was a park services 108th anniversary. now you know 1916. was yellowstone the very first place designated as a national park. >> i think so. yogi bear, i don't know. >> you can always make me smile, that's pretty cool. were almost out of time thank you lord and ashley all good stuff, "coast to coast" rates right now. neil: thank you very much, were following a data record that is no longer a data record in the opening hour and a half or so it looks like we are going to be off to the races and all of a sudden after reaching the record we have since come down barely changed on the day, what to make of that, this is a time where a lot of traders are trying to reassess what happens next month with the federal

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