i don't know if you heard what steve forbes said.raised the threat after the dnc convention mr. biden would step down, she would assume the presidency. to show how tough she is she would bomb iran. he didn't forecast it. she said that's a possibility. you're saying she is not qualified to do any of the above? >> no, she is not. i think right now, in fact i heard steve forbes say that, okay i hadn't considered that possibility, and everyone should -- the fact of the matter she has been in public life for 20 plus years. she never achieved anything. her one job with the biden administration, tasked to her in march of 2021, was to control the border flow and to fix the problem in central america. of course that did not happen. i believe this issue is the great white whale of the election. it is beneath the surface at this point but it matters very much in pennsylvania, very much in michigan, very much in wisconsin, the three states that will decide this fairly early on election night. there are lots of costs associated with 10 million pe

we have art laffer, steve moore, steve forbes next up.r, "kudlow" is available as a podcast, episodes every weekday right after our show. guest this we're on spotify and appeal and fox business pot -- foxbusinesspodcast.com. it is a pleasure. i'm kudlow. we'll be right back. chase freedom unlimited. so, if you're off the racking... ...or crab cracking, you're cashbacking. cashback on flapjacks, baby backs, or tacos at the taco shack. nah, i'm working on my six pack. switch to a king suite- or book a silent retreat. silent retreat? hold up - yeeerp? i can't talk right now, i'm at a silent retreat. cashback on everything you buy with chase freedom unlimited with no annual fee. how do you cashback? chase. make more of what's yours. did i read this? did i get eggs? where are my keys? memory and thinking issues keep piling up? it may be due to a buildup of amyloid plaques in the brain. visit morethannormalaging.com ♪ 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

larry: fabulous steve forbes terrific stuff. you would keep up the good fight yes biden steps down that she steps into bombs iran, i need to process that that is really something but you do have a lot of foresight on these matters so think you for your wisdom we folks coming up about kamala harris cannot fliptop her way out of her feel the border record, and other things might want to pursue steve forbes concerns about the fence and what we can and cannot do and what might or might not happen anyway we have q coming up and byron know that went kudlow returns thank you steve, terrific. (♪) you know, you only get one body. it might be the perfect size to do this. your body may take up a lot of space. or have to speak with its hands. but no matter what body you're born with, you only get one. let's fight like hell for it. (♪) (♪) (♪) what took you so long? i'm sorry, there was a long line at the thai place. you get the sauce i like? of course! you're the man! i wish. the future isn't scary. not investing in it is. nasdaq-100 innova

we have congressman m mike walz, later on we have steve moore, we'll have art laffer and steve forbes puzzle over the stock market crack up, you can catch kudlow 4 p.m. here on fox business, if you can't make it at 4:00, text your favorite 90 -- 9-year-old and she will teach you thousand dvr your favorite show, you will never miss a market system off, thank you, kids appreciate it. hellooo new apartment. one bank for now. for later. for life. chase. make more of what's yours. nexium 24hr prevents heartburn acid for twice as long as pepcid. get all-day and all-night heartburn acid prevention with just one pill a day. choose acid prevention. choose nexium. ♪ 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. and that's what we're all about. ♪ whatever you do, do it for less, at harbor freight. ♪ it's time to grow your business

steve forbes, i don't think, do you think we're in a recession?do you think that fed should have emergency rate cuts that people are talking about? >> just says they are in a panic, they blew it again, let's not worry so much about inte let the markets do that and get to fed -- say to fed stop trashings economy, stop trying to depress the economy that does not cause inflation, spending what federal reserve does in terps of financing -- terms of ffn busin financing the debt, that causes inflation. trump should go on trail, and talk about social security tax. >> we have a clip on it. he was good, i think this morning on fox and friends. he mentioned social security tack relief and no tax on tips. the big grand -- look. jd vance sounded like steve forbes and art laffer curve, that is what he said. revenue tax rates down. >> encouraging work, he did raise that issue, democrats are always trying to suppress work that is not good forhe ecomy. >> and regulation, talk to real people, small businesses, that crap they have to put up work so people see it st

we'll ask steve forbes and liz peek right here on set next up.er, you can catch "kudlow" monday through friday at 4:00 p.m. right here on fabulous fox business. if you can't catch us at 4:00 for heavens sakes, just text your favorite nine-year-old and she will show you how to dvr the show, so you will never miss a growth message. me? i'm still kudlow. we'll be right back. that work better together. like your workplace benefits and retirement savings. presentation looks great. thanks! thanks! voya provides tools that help you make the right investment and benefit choices so you can reach today's financial goals. that one! and look forward, to a more confident future. that is one dynamic duo. voya, well planned, well invested, well protected. choose advil liqui-gels for faster, stronger and longer-lasting relief than tylenol rapid release gels. because advil targets pain at the source of inflammation. so for faster pain relief, advil the pain away. it's pods biggest sale of the summer is extended. save up to 25% on moving and storage until august 1

elizabeth: an interview before the end of the month, bringing in forbe's media chair, steve forbes, whatshe ducked the debate. , she wants one and president trump wants plea, tim walz she ducked on that one on that question, you just answer it. donald trump dother candidates have done and move on. elizabeth: is it showing how abnormal last 4 years have been, donald trump spoke for an hour could took questions from the press, this is the first time she spoke to the press in i think three weeks biden hardly ever took media questions. >> they didn't want to answer the questions about their miserable record and socialist agenda. taking away your car without congressional approval. a dishwasher that does not wash dishes and air-conditioners that won't work. taking away the gas stove, and putting onus regulations on businesses which is costs jobs. no wonder they didn't want to talk to the press. >> steve forbes you are great, thank you so much. >> thank you. elizabeth: now to dagen and sean on "the bottom line." dagen: thank you, emac. elizabeth:

peter, i was talking, steve forbes is here we talked about what a "national treasure" you are, you really, you do digging that th nobody el does, this is tim walz different from biden family that was for money. this looks like he is just a true believer, am i wrong. >> or fellow traveler, you are right, a couple things that stand out. nothing wrong with having an exchanger program with china, problem is he tries to conceal the involvement of ccp in the program he had. he originally said, and reported this media it was sponsored by harvard, university, harvard says that is not the case two graduates that helped him, he masked fact that trips were financed byes which communist party -- by the chinese communist party in 1990s he bragged about that, secondni thing he was telling american students thicks, for example, to downplay their americanness. when they went to china, that purpose of a cultural exchange is learn from each other, second, second thing is that he gave this ridiculous analysis of chinese c communist dictatorial system, said there was no poverty in china they share unlike in

joining us now forbes media chair and editor in chief, steve forbes. steve, good to see you on the show again. >> good to be with you. liz: when you heard this idea what was your reaction? what effect would this have on the us? >> you mentioned nixon in the early 1970s. price controls led to shortages and ended up creating a vast inflation and it goes back in history. whenever governments mess up the economy, as this government has done, this administration has done, they blame the private sector and call for more government power, so she's proposing or will propose looks like a virtual takeover of the food industry. telling them what the profit margins are, who they can hire, when they can do this , when they can do that, what benefits they must offer. it's like the old soviet union. it doesn't work. i think people will see through it. price controls always lead to shortages. yeah, the nominal price may go down but you can't get it anymore, because people aren't producing it, because they can't make a decent wage and profit at it. liz: the former pres

joining me steve forbes, forbes chairman editor-in-chief. steve, thank you for being here.rkets already priced in that 25 basis point cut in september, right? so it is kind of, kind of tiptop sy right now and, the market wasn't so bad. the nasdaq got hit hard over a percentage, over a percent loss. nvidia came in with gains but much less than was expected. after hours they're trading down about 5%. could, all these, all these, i shouldn't say, with a interview coming up with kamala harris, one, a debate coming up, if she keeps pushing her price controls and tax, new tax policies do you think the market will freak out a little bit and take a hit? >> i think they are looking now, and take on reality they don't do in months in the past, the key thing is she will pretend she is changing her mind on things, you can't believe it. it is not true. that's why they have spokespeople leak that she is changed her mind on something. she can't do it openly. she won't put it on her website. these tax increases, you do a fraction of those, you will send this economy into a depression. davi

stuart: steve forbes, we consider ourselves warned. thank you very much indeed, steve. soon. >> thank you. stuart: look at market right now. mixed picture, dow's up 90, 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. so counter intuitively you

steve forbes on a very important day. thank you. >> thank you. stuart: back to the market, selloff and the dow is down 1,078 points and i'm going to look at treasury yields too. they're coming down and not that much on the -- wait a minute, one year treasury. the 10 year. that's what i want to see. below 3 and 3.75% and lower than that earlier today. chars, we need advice for the little guy. charles payne is here to give us that. welcome to the show. >> thank you. stuart: what can the little guy do? >> what i think is driving this and i've heard you ask a lot of people. not just one thing. i give 65% of jay powell and fomc. not just from friday but from the very beginning and that first rate hike should have been 75 basis points and growth, everyone is coming to grips and earnings not growing as fast and economy obviously is slowing a lot faster than anyone thought and experts and what steve talked about, 5% and geopolitical risk is 5% and look at hardest hit thing and they mentioned the nasdaq and small caps and russell and last say 72 hours and

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let's get to editor and chief of forbes magazine and forbes chair, he's steve forbes. that's a surprising ap poll and trump said better odds to win according to voters. >> that's a very encouraging one and should encourage republicans how to buy donald trump to go for issues and real questions. do you favor men boxes women? do you favor the open boarders. and then hit on we want tax cuts, we want a -- you have a dish wash their works. air conditioners that work. don't have obey an ev. they'll make your life better and they want to make it worse. that's what the republican should hit on and reaganist, positive reaganist message and national security. one thing this administration doesn't want you to understand is the disaster state of our military readiness today and ability to make weapons because of the -- what biden has done and bodes well for barack obama before him. liz: yeah, on all fronts you're talking about. >> absolutely. liz: stocks are taking hits today and fears of recession and adp job growth report came out just 122,000 jobs and i think that's the lowest

we've got steve forbes breaking down the late economic numbers and the future of kamala-nomics. and texas congressman pat fallon on the latest shape shifting from the secret service on the assassination investigation. dagen: tomi lahren on the olympic committee trying the attorney those two boxers who failed the gender test into victims, good god. and chelsea clinton wants to be the ambassador to great britain if kamala harris wins the white house, can't make that up. victor davis hanson on every lie, every left wingnut policy that she can cook up. will trump and vance turn her into mike dukakis? top of the hour. ♪ ♪ everybody wants super straight, super white teeth. they want that hollywood white smile. new sensodyne clinical white provides 2 shades whiter teeth and 24/7 sensitivity protection. i think it's a great product. it's going to help a lot of patients. with so much entertainment out there wouldn't it be great... ...if you could find what you want, all in one place? show me paris. xfinity internet customers can enjoy the ultimate entertainment experience and save on som

i tried the idea on steve forbes from the bay area. he said if you put that in, if you the governor said the governor hasn't heard about this yet. i don't know if i can deliver, but if the governor would support this, does that give you what you need to bring these heights down into a breach of the height limits that we want along the public garden? forbes said, you do that. that's the trick. went to the governor. the governor said, okay, the legislation, our friend tommy mcgee doesn't like mike like me, doesn't we have going to do that. -- them. and it stuck by coincidence sometimes luck by coincidence renzo the head of the local brooklyn, is old friend of my father's, had was retiring from the boston business job in getting promoted to vice president in guy is done in washington so. there was a going away party for aldi renzo with every building tradesman in the city attending it, the governor gives a speech, says there's a that's going to be a zillion jobs and it's stuck up in the state house get there tomorrow morning room just wen

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. >> yes, and unthere is another thing that our friend steve forbes taught us there are stealth tax hikesp promises to get ahead of c curve to stop borrowing from chinese, if government borrows as much as it is right now it makes it harder for you to borrow, your interest rates are more expensive, that is a stealth tax hike, i think all in all you will see a heck of a lot of supply side benefits from reducing government spending, and having a big supply side push. larry: not i everyone agrees, kamala harris, a trip from her detroit speech, all business' fault. >> it will be my day one priority to fight to bring down prices, to take on the big corporations that engage in el leg price gouge could. gouging take on corporate landlords that unfairly raise rents on working families and take on big pharma and cap the cost of prescription drugs. larry: there you go, all business' fault, not tacking or spending or -- not taxing or spending or regulated or left wing progressive causes it is business. >> right. if you think about it, what she is singling there for example is she supports president b

steve moore on that a -- not steve moore, steve forbes. one of the steves is going to be the here.d because of staffing shortages. congresswoman beth van duyne to discuss. dagen: an iraq war veteran, governor stolen valor, tampon tim himself, he blames poor grammar on lying about his come bat service. and stacy washington on the performative patriotism of the democrat ands their performances get an f. top of the hour. ♪ ♪ progressive makes it easy to save with a quick commercial auto quote online. so you can get back to your monster to-do list. -really? -get a quote at progresivecommercial.com. 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

30 are in the red at this point the s&p 500 losers, plenty of them the nasdaq loses a dime a dozen, stevel street journal editorial board slamming trump's proposal to and taxes on social security benefits, bill hammer on a cnn political analyst saint governor shapiro will be the worst ready-made for harris, charles payne on the market signoff, goldman sachs lifting the chances of a recession, the above a clock hour of "varney & company" is next. ♪ ♪ (alarm sound) ♪ amelia, turn off alarm. amelia, weather. 70 degrees and sunny today. amelia, unlock the door. i'm afraid i can't do that, jen. ♪ (suspenseful music) ♪ why not? did you forget something? ♪ (suspenseful music) ♪ my protein shake. the future isn't scary. not investing in it is. you're so dramatic amelia. bye jen. nasdaq-100 innovators. one etf. before investing, carefully read and consider fund investment objectives, risks, charges, expenses and more in prospectus at invesco.com. did i read this? did i get eggs? where are my keys? memory and thinking issues keep piling up? it may be due to a buildup of amyloid plaques in the brain

media determinate editor in chief steve forbes and former chief economist john in a feeling of us haveeen to both of you gentlemen know more about the mysteries in such. >> just that they are wrong; there from liberals the wrong but you know and listening to all of this steve, let me ask you first, if we have people who understand that they cause damage, we see it right, everybody understand that we have a problem about and she seems to have no problem continuing that ended she has not giving us any ideas with one idea that she did 74, as her own, was the price controls, was the thing that we know historically fail the destroys people's lives and you have some insight about the nature of what she might really be to do here. would you know of anything that we do not know spec to cover up with a smile. cover up make you feel good, even though you're in a bad shape in this way they think they can keep her in this bubble living about all the make people forget she was run for three and half years and she was last one to leave the room and price controls, everything that she has been for th

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steve forbes that the last time the show that he may be forced to resign as president of the democratic convention in chicago for all we know. but when will she run and where's the different that he will be go back to something and arthur you talking about healthcare admitted to go and she now she flip-flops and she's not really for medicare all although she was is a 40 trillion-dollar about 40 trillion-dollar program okay but she also said in those days, only a few years ago before she flip-flops of that she was get bossy with it private health insurance and so i did a little homework because i was doing ballpark last night and more specifically listen to these numbers arthur, 180 million americans through business group healthcare, that's the private sector okay. 180 million plus arthur there is another 46 million who by their own okay. so you have 180 million through some kind of a group of business benefit and you have 46 million and that is a total of 2,206,000,000 people that would be disenfranchised if you ended private health insurance and i need to tell you art, i don't care ho

we've got steve forbes breaking down the late economic numbers and the future of kamala-nomics.he latest shape shifting from the secret service on the assassination investigation. dagen: tomi lahren on the olympic committee trying the attorney those two boxers who failed the gender test into victims, good god. and chelsea clinton wants to be the ambassador to great britain if kamala harris wins the white house, can't make that up. victor davis hanson on every lie, every left wingnut policy that she can cook up. will trump and vance turn her into mike dukakis? top of the hour. ♪ ♪ everybody wants super straight, super white teeth. they want that hollywood white smile. new sensodyne clinical white provides 2 shades whiter teeth and 24/7 sensitivity protection. i think it's a great product. it's going to help a lot of patients. with so much entertainment out there wouldn't it be great... ...if you could find what you want, all in one place? show me paris. xfinity internet customers can enjoy the ultimate entertainment experience and save on some of the biggest names in streaming, a

there is another thing that our friend steve forbes has taught us there are all these stealth tax hikesation and president trump promises to get ahead of the curve to stop borrowing from the chinese and spending money. the fact is, if you think about it, if the government borrows as much as it is right now, it is making it harder for you to borrow. your mortgage is more expensive, your car loan is more expensive, interest rate on credit cards are more expensive. you think of that as stealth tax hike. the higher mortgage rate is like charging extra tax on you when you buy a house. all in all you will see a heck of a lot of supply side benefits from reducing government spending and having a big supply side push. larry: all right. not everyone agrees with that. kamala harris, i am going to play a little clip from her detroit speech. it is all businesses's fault. that is what it is. take a listen to this. >> it will be my day one priority to fight to bring down prices, to take on the big corporations that engage in illegal price gouging. [cheering] take on corporate landlords that unfairly

i mean steve forbes said last night on the show, he may be forced to resign as president after the democraticvention in chicago for all we know but where is she going to run and where is the difference? let me go back to something. arthur you were talking about health care a minute ago. she now flip-flops. she is not really for "medicare for all" although she was. it is 40 trillion-dollar, 40 trillion-dollar program, okay? but she also said in those days which are only a few years ago before she flip-flopped she was against, she would end private health insurance. so i did a little homework because i was doing ballpark last night more specifically. listen to these numbers, arthur, 180 million americans through business group health care, that's the private sector, okay? 180 million. pluss arthur, there is another 46 million who buy their own, okay? so you've got 180 million through some kind of group business benefit and you've got 46, that is total of 226 million people that would be disenenfranchised if you ended private health insurance. i got to tell you, art, i don't care how many times

we're going to talk about it with steve forbes, the great.the rnc is here as the dnc gets underway next week. those democrats think the honeymoon will never end with kamala. the republicans have something else planned. plus, gregg jarrett is here on the protests against israel, against jews that are planned for the dnc. what will the chicago police do to stop them, is the question. top of the hour. ♪ un ♪ oh yeah. take a swing at your kitchen reno... we meant that literally. sofi personal loans. low, fixed rates. borrow up to $100k. no fees required. (♪) you know, you only get one body. it might be the perfect size to do this. your body may take up a lot of space. or have to speak with its hands. but no matter what body you're born with, you only get one. let's fight like hell for it. (♪) do you have a life insurance policy you no longer need? now you can sell your policy - even a term policy - for an immediate cash payment. call coventry direct to learn more. we thought we had planned carefully for our retirement. but we quickly realized we

and steve's filling his biggest order ever.s get five years of value on gig speed internet and advanced security. all from the company with 99.9% network reliability. so now they can focus on doing what they do best for the next five years. that's a lot of bread. you got this. the comcast business five-year price lock guarantee. switch today for a limited time. ♪ [ cheers and applause ] >> seth: our next guest is a talented actress you know from films like "bodies, bodies, bodies" and "leave the world behind." she stars in the critically acclaimed series "industry." the third season airs sundays at 9:00 on hbo and max. let's take a look. >> how did you get such a favorable cds price out of that peer point trader? >> it was junior, a bit green, but the kicker is i did have inside edge. peer point don't provide live prices for their oil in that gas graph's for juniors. so, he was always pricing 15 minutes behind us. >> seth: please welcome to the show myha'la, everybody. [ cheering and applause ] ♪ ♪ [ cheers and applause ] >> se

and steve's filling his biggest order ever.g speed internet and advanced security. all from the company with 99.9% network reliability. so now they can focus on doing what they do best for the next five years. that's a lot of bread. you got this. the comcast business five-year price lock guarantee. switch today for a limited time. ♪ [ cheers and applause ] >> seth: give it up for the fantastic 8g band right over there. [ cheers and applause ] we are so lucky to have fred armisen leading the band all week. give it up for fred, everybody. [ cheers and applause ] fred, it's so great to talk to you. i know you were just off filming a new television show. you're always working on movies. you're always working on music. but this is really exciting because i heard you're doing a new show -- you just got cast in a new show where you play a cop. >> fred: yeah. >> seth: wow. [ laughter ] >> fred: yeah. i'm a cop on this whale watching boat -- >> seth: okay. [ light laughter ] >> -- and i just, sort of, keep everyone in line. you know? li

and steve's filling his biggest order ever. with the first ever comcast business five-year price lock guarantee, these business owners get five years of value on gig speed internet and advanced security. all from the company with 99.9% network reliability. so now they can focus on doing what they do best for the next five years. that's a lot of bread. you got this. the comcast business five-year price lock guarantee. switch today for a limited time. deep breath. cancer is a journey you don't take alone. you did it! our cancer care team works together to care for all that is you. people getting hurt on those electric bikes, according to a ucsf study. in 2022, more than 23,000 e-bike riders nationally were injured. that's up 100% over the year before. most of the injuries were not among teenagers. the median age for the injured bicyclist was 39 and for the people hurt on scooters was 30. however, as you might know, in the past two years since that data, more teenagers are now riding those electric bikes. so the data essentially n

forbes wrapping up white donald trump can still vote after his felony conviction.ve in dover, florida. democrat. good morning. caller: thanks for having me on. a long time c-span listener and watcher. all my information on politics i get from c-span. i love watching the hearings and so forth. just replying to the woman from california, it seems to me like they say trump did not do this or he did this or he did something else. what i have seen on c-span, trump colluded with russia. that was proven in the mueller report and the senate hearing report that i watched live on your program. he is guilty in my mind from the evidence i saw. he colluded with russia. he was found guilty in a court of law for voter fraud during the 2016 election. how anybody can say this man has done anything for our country. these are rented to the taliban at camp david and started withdrawing the troops. trump did that, not biden. that is about all i got to say. people need to watch c-span and do some research of their own. host: to the pelican state, john, a republican. less than five minut