done. maria: right. >> and the reason i think the two are connected is simply the majority learns to work together, everyone needs to learn to give. maria: yeah. >> before i was in the senate, i was a supreme court litigator and represented texas, major companies and the litigation. if you're focusing on winning, you've got to bring people together. if we do it on obamacare, we'll do it on taxes. maria: senator ted cruz, great to see you. thank you so much. over to "varney & company," stu, sorry i took a little bit of your time there. stuart: that'sç okay. big tech is on full display again. good morning, everyone. microsoft or. 13 weeks, this company made double what it made last year. that is a half billion dollars in profit a week. now you can watch other programs and see them drone on about earnings per share and market share in the cloud business.

they are missing the point. microsoft has just confirmed that american technology rules. the big five have the ideas, the profit and the growth. and, you know, that might be a problem for one of the big five, amazon. there are report that is the government is checking their prices. are they really discounting? that's a small scale investigation, but it may be the start of a pushback to the extraordinary power that amazon has acquired. in a moment, the full story on tech and the presidency on brink of a big win or a big fail. the friday edition of "varney & company" can -- is about to begin. ♪ ♪ stuart: oh, look at the futures. we're down 50 points at the opening bell, 28 and a half minutes from now. we'll check that market when it opens. oh, dear. i told you a moment ago that microsoft reported stellar profits, and so they did.

but the stock price is slipping a little after a big runup when the results were first announced. profit doubled the, the cloud business took off, and we're going to try to figure out the stock price conundrum. please remember, i do own some of it. we really want to know about this. [laughter] the amazon story, the federal trade commission looking into allegations that amazon misleads customers about its pricing discounts. what's it all about? >> it was a complaint from consumer watchdog groups saying they looked at a thousand products on amazon in the month of june, and what they're talking about is the reference price, the price that people are told, oh, this normally retails for blah, blah, blah, but we can give it to you for 20% off. they say the original listing price is inaccurate, and it makes consumers believe they're getting a better bargain when, in fact, they're actually paying about the same price. amazon says the study is deeply flawed, it's flat-out wrong.

but this group is accusing amazon of deceiving people by telling them they're getting a better deal hand they really are. look, this is justs a complaint, the ftc is looking into it. but amazon is most definitely under the microscope because of its size and complaints that it's steam rolling everyone in its way. stuart: the complaints are mounting up. >> they are. stuart: you liked this. they are, indeed, refreshing words from utah republican mia love on our show. roll that tape. >> i cannot tell you how frustrating it is to me when we were in the house working on a health care bill trying to do everything we can to address, debate the issues, and we have people from the senate coming over doing a press conference telling us what to do, how to do it. i think it's important for us to make sure that we allow their

voice to be heard on the floor of congress. >> look who's here, congresswoman claudia tenney from new york. are you pounding the table like mia love? >> i love mia love, she's my softball teammate. everything she says is right. we were hammeredded by the senate over and over, but guess who passed their health care bill? stuart: you're talking about a republican party split. in this case it's the senate versus the house republicans. it's going to be republicans on the right. i mean, conservatives versus moderate republicans. you're split. >> but let me -- understand something. remember, we came out with our health care bill, the first one, we couldn't get it passed. everyone blamed the freedom caucus and the keys -- stuart: yes. >> we had the mcarthur amendment, some other issues. guess who vote for the health care act? >> guess who voted with the republicans? they held their nose and voted, the conservatives. it was the moderates that left us out. so who is in the senate now? it's a mixture of moderates and conservatives, and i say put it

on the floor. all these people have voted how many times to repeal obamacare? make them take the walk. stuart: i think it's a pivotal moment for the trump presidency and for the future of the republican party. >> right. stuart: you could supply a huge win on health care and taxeses. you could supply a huge loss by failure of both. you're telling me you're going to guarantee success on both? >> well, i told you i would promise success -- stuart: that's a politician's promise. we had an opportunity to meet with mitch mcconnell, and he's frustrated too. let's get this done. we have promised the american people we will do that, and we immediate to start telling our story. what is wrong with obamacare? we're hurting small businesses. the big job creators in our community -- stuart: you're being demagogued to death. all i see is headlines, 32

million people will lose their coverage if you republicans get hold of obamacare. that's all i see. >> a because that's all the news media's reporting. i'd love to see the news media stand up and talk about the republicans and what every accomplished. so many things haveç gotten doe through the house, all these bills -- we passed the choice act which rolls back regulations. we passed the flood insurance bill out of our committee, financial services. we have rolled back, like, 14 different cras, regulations of $6 billion in savings to our business community and others. we've done a lott in the house. we need to talk about it. you're right about that. stuart: you've got to get out there. >> we need to make the case -- stuart: you've got to do that. pound it, that's my take. [laughter] we need to -- honestly, tax reform is just as important or maybe even more important, but we have to get all that done, especially for our district. stuart: 20 seconds. tell me, handicap it for me -- >> handicap it -- stuart: -- is it a 60/40 shot at getting this bill through the

senate? >> on health care? i would say -- i can't give you a statistic on that. stuart: all right, tax reform? >> i'd say 95%. stuart: 95% by of the end of the year. we>> we have to repeal obamacar. even if you replace it with something, it has to be done. stuart: are you with me, i say something is better than nothing on obamacare? >> absolutely. it has to be repeal. even if we do the clean repeal, work on replacement, it has to get done. stuart: claudia, thank you very much. pound the table anytime you like on this program. [laughter] >> thank you so much. appreciate it. stuart: now this. according to the latest fox news poll, 56% of registered voters disapprove of president trump's handling of the russia issue. byron york's with us, washington examiner chief political correspondent and a fox news contributor. of byron, is this going to stay with us forever, throughout the first term of the trump presidency, and is it going to

hurt his legislative agenda? >> yes and yes. stuart: oh. >> well, i -- look, there's no doubt. look at the so-called cia leak investigation in the george w. bush second term. it stayed for three years. i mean, it lasted long enough to last the rest of donald trump's term. there's no doubt about that. and it does, i think, contribute to the president's job approval rating staying low. and that's something that members of congress look at. they look at the president's job approval rating. if it's really high, they do what he says. if it's really low, they don't. stuart: now, you're on the inside of all of this, you know? you live there in washington d.c. why don't you handy can cap the health care vote -- handicap the health care vote next week. there will be a vote, and i want to know what you think of the likelihood of it passing. >> first of all, it's really striking that mitch mcconnell came out of the white house and said we are going to vote on this, because he knows that some

of his members voted for it in december 2015. dean heller voted for it, shelley moore capito voted for it, lisa murkowski voted for it; that is, to repeal obamacare in december 2015. and now they're famously hesitating right now. and mitch mcconnell who, you know, usually leaders do not want to put their members in tough positions like this. he says we're going to to have a vote. my guess is that they try to find some third way around this so they don't have to revote on something they already voted for 18 months ago. stuart: are you with me, in political terms something is better than nothing? >> yeah. definitely. what we've seen here in the senate and in the house before is when the bill appeared to fail, when it hits a big snag and people are saying, oh, it's totally dead, republicans sit back and say, you know, we've promised this for seven years. stuart: right. >> we made it our top policy

priority. and we can't hit a snag and say, oh, that's it. sorry, we pry tried. -- we tried. they have to come back and really do have to pass something. stuart: yes, they do. byron york, i'm with you. [laughter] thank you so much. >> thank you, stuart. stuart: very serious story for you now. deadly earthquake in the aegean sea near the greek islands. >> powerful 6.7 magnitude, struck at about i 1:30 in the morning local time. it killed two men, one from turkey, one from sweden, when a building collapsed on the island of kos. more than 550 people injured, there was desperation and panic. people ranch they were jumping off of balconies. so it was a night of chaos. again, south of the turkish city of boeing rom. stuart: thanks, liz. i know it well. let's have a look at the market and how it's shaping up for the opening of trading this friday morning.

of we're going to be down 50, 60 points. all of them across the board modest losses for the dow, the s&p and for the nasdaq. check this out. new technology that will alert police and parents if they leave a child in a hot car. could save lives. get this, its inventer is an 11-year-old boy. we're talking to him. that young man, in our next hour. chaos in venezuela, another anti-government protest turns violent. three killed at least. hundreds arrested. this is a full-blown collapse of socialism and, of course, we're on it. the chair of the washington state republican party wants to use the tactics of the left to fight seattle's plan to raise taxes on the wealthy, calling for civil disto bead yeps, asking -- disobedience, asking her constituents to rise up against liberal lawmakers. we're talking to her. gun sales and applications for concealed-carry permits are soaring, and according to a new study, the fastestç group of gn owners, women and minorities.

more "varney" after this.

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>> this looks to me like it's developing a major story. general electric, one of the old line conglomerate companies and one of the greats of america in sharp decline. profit down 59% and the incoming ceo has delayed his outlook for next year until later this year. look at that stock. that's general electric, ladies and gentlemen, down 4% premarket. a downbeat forecast from ebay, let's see that premarket, down over 3 1/2%. so a couple of big names really taking it on the chin this morning. to venezuela where millions are in a general strike called by opposition to president mow durro. the latest report is three dead. liz: now, we have overall 96 people have died in the unrest over four months. what happened was, a nationwide

strike, 85% of the population, according to the opposition, participated in this nationwide strike. basically not going to work. you see there, the police shooting tear gas and protests continued throughout the country. comes just four days after 7 1/2 million venezuelans rejected maduro's push, the leadership of the government to rewrite the constitution to seize power. there are cracks in his government. this is breaking of the the top diplomate for venezuela resigned out of the united nations, said it's hypocrisy what's going on in venezuela. he's joining the opposition, he's saying that it's a joke that venezuela is on the human rights panel at the u.n. you're seeing cracks in the government. stuart: that's news. liz: that is news. stuart: varney regular dana loesch is the face of this.

>> they use awards shows to repeat their narrative over and over again and use their ex-president to restore the resistance, scream racism and sexism and zeno phobia, to flash windows, burn cars, shut down airports, and bully and terrorize the law abiding. >> that's strong stuff and now research that more minorities and women are getting concealed carry permits. joining us, the author of the study, john lott with the crime prevention center. give me numbers, men versus women when it comes to conceal carry permits. >> we've seen permits explode generally. there are over 16.3 million americans with conceal carry permits up from 4.6 million in 2007, just a decade ago. that's almost a four-fold increase. as you say it's particularly

grown among women and minorities. women, if you look at the last four years, their permit rate went up by 93% compared to men, it went up by 22%. blacks went up about 30 percentage point faster in terms of growth of permits than for whites. stuart: did your study encourage any explanation for this? why this increase among minorities and women for concealed carry and ownership of guns in general? >> right, i think it kind of parallels some polling that we've seen. the polls are regularly asked on things like, do you feel safer owning a gun in your home or more likely to cause danger? and over the last decade, we've seen kind of a sea change in women's and blacks' views on those issues. you now have a majority of women who think that owning a gun in the home actually makes them safer as opposed to creating dangers and a similar,

though not quite as large change for blacks. stuart: do you take sides? are you a gun control supporter or-- >> my views have changed over time. 20 years ago i probably would have been in the middle of the debate, but after looking at the numbers on these things, i think on net, things like coon sealed carry makes people safer. police are important-- >> sorry to interrupt you. if you've got an opinion, do you have an opinion on guns in schools? guns in the workplace? guns on college campuses? good or bad? >> well, i think that's another place where my views have changed. look, i understand we want-- people think you can make places safer by banning guns in certain areas, but the problem is that the people who obey those laws are the good law abiding citizens and not the attackers. attackers take advantage of

that. since 1950 over 98% of mass public shootings have taken place in areas where general citizens aren't allowed to have guns. i can give you case after case where these killers explicitly pick targets where they don't believe the victims are able to go and defend themselves because they know they'll harm more people if there's nobody there quickly to arrive with a gun to protect others. stuart: john, i think that public opinion has shifted significantly over the past decade. thanks for being with us with your study. we appreciate it. >> thank you. stuart: okay. you know him, bill nye the science guy. he says that climate change deniers are dingbats and says something else about the climate skeptics. wait until you hear what he has to say. we'll tell you next.

>> oh, bill nye, the science guy, wants climate deniers to just die already. quote, climate change die-- deniers are older, and we'll have to wait for them to age out. age out is a euphemism for die. i think that's a little nasty. >> you think?

all i can say he's not that far from aging out either. so it works both sides. ridiculous. and he also wanted to make those who deny man made change criminal and recommended penalizing people for having extra kids. stuart: that's a go at me. [laughter] >> doesn't that show to bill nye, science is a religion and if you're an heritic you should be killed. stuart: and i have a lot of children and grandchildren, i plan to populate the earth with living and breathing carbon dioxide emitting-- move on, they tell me. and a run-up to the market opening, i don't have the exact number for you, but i'm sure that a lot of those down points are accounted for by general electric, which is down 4% premarket and ge is, last time i checked, was a dow stock.

so take that into account when you see the dow futures looking with a loss of 50, 60 points. we're opening the market four minutes from now. we hope you'll join us. nah. not gonna happen.

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>> all right.

we've got about 15 seconds to go. we expect the dow industrials to open lower this friday morning, largely on the back of a big drop in general electric. their profits are way, way down. they've got other problems as well. they're a dow stock and they're going to be sharply lower along with the rest of the stock market. now, that's wrong. not with the rest of the stock market. it's ge that is largely responsible for much of the loss on the dow industrials. although i do see quite a lot of red among the dow 30 on the left-hand side of your screen and we've opened down 28, but holding just below 21,600. the s&p 500 was in record territory. it's down just 5 points now, .2%. not much. the nasdaq composite a string of record highs there. down .1% today. that's a very muted loss. all right, you've got to take a look at general electric and how it's opened. you don't often see a near 5%

drop for one of the biggest companies in the world. well, today you're seeing it. it's down 4%, that's 1.30. back to 25 on ge. we've got a lot more on that for you coming up. the government reported looking into allegations that amazon misleads customers about its pricing discounts. they're ganging up on amazon, i think, and the stock is down 1.3%. $14. microsoft, the cloud is doing very well for that company. i do own some of the stock. profits double, but nonetheless, it's opened slightly lower, 60-- top laughing. . ashley: sorry, come on. you depredicted higher. stuart: i did. be quiet, please, birthday boy. [laughter] >> let's see what have we got. i want to introduce everybody. almost a full screen. scott shellady in london. jeff sica in new york city and ash and liz recovering from last night's celebration. liz: ashley. stuart: just ashley, i know,

all right, all right. jeff, i've got a first question to you. i do own some microsoft, and i've done very, very well with it, why shouldn't i get out of it, a little, sell a little of it and put the money that i raise into a company that could rebound, like ibm, altech? >> i don't know, first of all, i don't own microsoft, but one thing i can tell you microsoft is impressing me what they're doing lately. they're pivot to cloud computing, they spent a lot of money on infrastructure to get into cloud. they're now the number two and they are doubling their revenue and profit. i mean, things are really moving forward for microsoft. so this opinion that microsoft is an old, stodgy company, is inwarranted. stuart: so i should hold it? >> i would hold it. stuart: scott shellady, what's your opinion? >> here is my opinion. this is an age-old problem, stuart that everybody has every day. if we could rely on us to be,

you know, rational. it wouldn't ab problem. let's say you do sell that stock and microsoft goes up, and you'll be disappointed. let's say it goes down. you own it anyway, you don't get back in the market and the market takes off again and you're left on the sidelines. that happens all the time when humans get involved their emotions take over and they never really get back in. stuart: free advice from london is stay where you are. >> relax. stuart: i will, i'll do that. relax, i'll try! the federal trade commission is looking into allegations that amazon misleads customers about pricing discount. >> the reference price or list price. you see an item on amazon, regular price is blah, blah, blah, we'll give it to you 20% off. the complaint to the sec, it's

not the price. it's the watch dog group that did this, they say it's flawed and ftc is taking a look at it. and i believe that amazon is in the cross-hairs for someone who wants to take a shot to rein it in. >> they're trying to unwind the whole foods acquisition and they're using this as the catalyst to unwind whole foods. this is a complete witch hunt. this is really not going anywhere. liz: representative, a democrat saying bob goodlat, runs the house judiciary, you've got to look at the whole foods with amazon. stuart: that's a democrat rhode island. i don't think it's an attack and going anywhere. i'm talking about the amazon effect. there was a big pop for the

stock price of sears yesterday after it teamed up with amazon to sell kenmore products through sears. and minor 10 cent drop. look at the fallout. a different story, home depot and whirlpool went straight down because of amazon selling kenmore products on amazon. double that? home depot went straight down, that's yesterday. that's today. down a bit more. scott, i think we're going to see this over and over and over again, the amazon effect. >> and that's what i've named ama-zapped and where the crowd and herd mentality go. you'll see is from here on out. it happened with blue apron and with kenmore. when amazon teams up with somebody others are going to get hit. it may not be the right thing to do, but at the time being, amazon is there and long-term

stick with amazon and the things they sell, it's going to keep happening. stuart: a similar question to one i posed earlier. why should i investigate or anybody, why should you invest in general motors, ford, toyota. i regard them as old car companies. instead why don't you invest in the brand new car companies, apple, google, and-- >> finally the old car companies are always behind, that's what they know for. finally they're investing in venture capital. gm has a unit as does volvo and the other company companies. they'll start to innovate and that's what's going to bring them to the place of more market share, more momentum, so you can't rule them out. i think they have potential and i think that needs to be-- >> i wouldn't rule them out, but the car of the future is a shell which houses the computer, run by software from

silicon valley. >> are you going to drive a shell car? >> you don't have to drive it, the back seat. >> when it comes to innovation, people are surprised that people like the process of driving the car. a self-driving car is an exaggerated-- >> hold on a second, scott. when the self driving cars get on the market i will be so old i will not be driving at night. do you understand me, scott? make your point. >> this just sounds lot like to me, we said the cinema would be dead because of the dvd. now it's a different experience. the driver car is a different experience. there will be driverless cars and simultaneously just like we have dvd's. stuart: i used to drive a porsche 911 turbo.

liz: now what do you drive? >> a town and country van. >> somebody drives it for him. stuart: you're close, actually. check the big board, let's not get carried away here. we're down 67 points and ge contributes a big chunk of that loss. actually, oh, wait a minute, i stand corrected, my producer tells me it only accounts for 9 points off the dow. ashley: okay. stuart: microsoft is also a drag on the dow. add those two together and you don't have exactly a big-time down market, but it's off 66 as we speak. how about snap? where is that these days? still way below its ipo price and down just a fraction this morning. again, general electric, let's have a look at it. it's down 4 1/2%. 25 bucks a share, it's down a buck 23. profit dropped 59% and the incoming ceo says i'm not going to give you my outlook for the rest of the year until later. not a good sign. a down beat forecast from ebay, that's taking it on the chin.

2% down at 36 on ebay. capital one, financial profits getting a boost from higher credit card balances and the rise in interest rates. the stock, whoa, the stock is up 6 1/2%. that's-- that caught me. that's not a bad gain, recovery of that size. wait for it, more headaches for chipotle. 100 sickened in virginia, one confirmed norovirus case and the stock is up 25 cents. now mice a problem? >> dallas, a neighborhood called west end. rodents, mice, they said they saw them dropping from the ceiling. a double whammy hitting the stock hard now at a four-year low. chipotle, market value was 22 billion now 10 billion. the issue with the stock that's been in the bear market. now class action suit is filed

against chipotle. they're having a rough time accessing the source of the norovirus and when you have the uncertainty and the two things hanging over it. wonder what bill ackman is thinking now. ashley: it's a four-year low. stuart: elon musk, the tesla guy talking about the new york to d.c. hyperloop. 29 minutes, that's a computer simulation, i think. ashley: that was some testing they did in nevada last year successfully. only 500 meters not from, say, new york to d.c. he caused quite a stir, elon musk, when he said he had been given verbal government approval for basically this giant tube train, you're familiar with the tubes in england, it's just that, but then he kind of backed off a little bit and retweeted, still a lot of work to receive formal approval. never said who ga i have him approval or what kind of timetable.

he believes he can put you in d.c. from new york in 29 minutes. stuart: go ahead. >> you know, i'm not a -- i find tesla and anybody associated with tesla very annoying. this whole thing, i mean, he has a verbal agreement? the bottom line, there is no verbal agreement from government, doesn't exist. [laughter]. the second, here you have a scenario where this will be billions and billions and billions of dollars, taxpayer dollars and he feels that he's going to get this and get it done. you know what? stop with the fantasy. let's get back to reality. stuart: i hear all the way from london, scott shellady trying to get into this. last word to you, scott. >> just common sense. i read that tweet like this, just got verbal agreement to take more of your tax dollars for one of my great ideas that i think you're going to like. stuart: are you familiar with the tube yet in london? >> i am very familiar with the tube, yes, i am. so, it's-- that would, you know, i think

it would take about 29 minutes to go from one stop to the next, but i'm familiar with it. stuart: do you know that i was a london transport bus conductor in the 1970's. liz: you and benny hill. >> i guess that explains a lot, stuart. [laughter] >> i was the conductor on 176-a from victoria station to the wallworth tunnel. >> haven't been on that one. stuart: i was a clippy. and enough of the history here. scott and jeff, thanks for joining us, good stuff one and all. look at this, now we're down 80 points, 81 points right there at 21,528. we've got another case of free speech under attack on college campuses. a conservative speaker barred from cal-berkeley. the university says it couldn't find the space for the event. we're on it. and again, we're about to show you the video, golf legend gary player doing a back flip off a

boat. he is 81. liz: belly flop? >> op at 10:30 this morning. and 1.14 trillion dollars, how much has been added to the value of all stocks in america since the election. that's a lot of money. why would anyone want to get out of stocks? well, bob doll, the man whose team runs a trillion dollars in the market. he's next.

>> all right. we're down 60 points in the very early going, the first 15 minutes this friday morning. some of that loss is accounted for by ge and microsoft, both down. mattel and wwe, that would be the wrestling people, they're teaming up. they've got a new line of wrestling dolls for girls.

all right, give me the full story, lori. >> well, as you know, stuart, mattel has been having a tough time. shares are down year to date and lower tear sales guidance. my guess, kids today just think barbie, a little too prim and proper, so mattel is teaming up with wrestling entertainment. serve shah banks, charlotte flair, that's wwe superstars and according to the wwe, the mcmahons, 40% of wrestling fans do happen to be women. so, they're hoping the wrestling organization is happening this will empower women and mattel is desperate for anything at this point. back to you. [laughter] >> i get your point. lori, thank you very much indeed. stuart: thank you. stuart: before we get to the next story, general electric as you know is way down and its loss this morning on the stock market amounts to $11 billion. that's how much the value of ge

has come down this morning. here is another big number that we have been talking about, more than $4 trillion, added to the overall stocks just since the election, that's the trump rally. come in bob doll with new investments. a lot of people are asking, a lot of people have done very well in the stock market. do you think it's time to get part of any of your money out of stocks and go someplace else with it? >> not really, stuart. there aren't a lot of good alternatives. i'm talking about somebody who has the right amount of equities, if you have relative to what you should, enjoy some profits and take it off the table. the stock market may be tired, and that means go side wise before it goes back up. at some point there will be a pullback. back in the election--

go ahead. stuart: my question is, let's suppose, let's think positive for a second. let's suppose that we have obamacare reform and some kind of tax cut. where does the stock market go then? >> well, certainly up because the market's not expecting anything out of health care and a modest, at best, tax cut in 2018. so you can give me better than that out of washington, stuart, i think the market would like it. stuart: would you give me some advice, please? i have a piece of microsoft,i've done very well. why shouldn't you sell some of it and maybe switch to old tech like ibm which has been down forever? >> so ibm's got some problems and it released its earnings and went down as you know. are you going to tell me something to buy a value tech stock, like say cisco system, which has some growth prospects and it's improving its margins

and cash flow. i'm not going to fight you on that, but with the particular to ibm, not really. i wouldn't abandon microsoft. you know, this company's got a great future. it's transition to the cloud business has been pretty amazing and i think there's more good news to come. stuart: have you ever seen, you've been in the market a long time. have you seen anything like with the five big technology companies? they seem so dominant. more than any other stock group that i can remember. >> well, they are getting a lot of headlines, no question about it. but the top ten stocks in the represent still less than 20% of capitalization. at the peak in the tech run-up that number was 29%, stuart, so i'm not saying we're going there, but these stocks have gotten some attention, but nowhere near what we saw when that bubble burst. stuart: bob, you have been reassuring and we appreciate that on a friday morning before

we go into the weekend. bob doll nuveen investments. thank you, you'll be back. check out the dow 30, a lot of red, i'm sorry to say. 26 down, four up. that's the state of play and glutton for punishment. fox news host eric bolling, i'll ask him, it's do or due time for the republicans. surely eric can now agree with me that something is better than nothing on health care and taxes. surely he'll agree. o.j. simpson granted parole after nine years in prison and because of his nfl pension he's made $600,000 while locked up and, yes, all of that money is his to keep. we'll explain it all. whoooo.

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>> we need explanation as to why this old line, huge conglomerate, one of the biggest companies in the world, general electric, why it's down so much, a 4% loss. that's a big loss for a company that size. their profit was down 60-- >> 59, 60%. the ceo went into the earnings call not having the earnings and profit forecast, he didn't have it set. stuart: it was delayed.

it looks bad like you don't know where you're going here. that's the new incoming ceo of ge, not good. then we have o.j. simpson he's got parole, he'll be out in october. we remember the media circus of the 1990's. we also find out that while he was in prison his nfl pension paid him $600,000 bucks which presumably he's still got. ashley: it's unsure because he can start taking the nfl pension at 55 so that would have amounted to 423. if he waited until he was 65, which would out 10,500 a month at the pension, would have put aw away 602,000. but it's untouchable-- >> the lawsuit against him. liz: 40 million. stuart: the pension you cannot touch. that's true of government officials as well. ashley: i think so. stuart: no matter what you do, you keep your government

pension, as well as private enterprise. you can't touch the pension. the next case, the tax fight brewing in seattle, washington. tax the rich they say, well, now people oppose to that tax would hit the streets. civil disowe-- d disobedience for republicans. and it rests in the hand of the republicans in my take next. in the way of a touching moment? if you have moderate to severe psoriasis, you can embrace the chance of completely clear skin with taltz. taltz is proven to give you a chance at completely clear skin. with taltz, up to 90% of patients had a significant improvement of their psoriasis plaques. in fact, 4 out of 10 even achieved completely clear skin.

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taking the ancestry dna test is really quite simple. it comes in the mail, you pull out the tube and you spit in it, which is something southern girls are taught you're not supposed to do. you seal it and send it back and then you wait for your results. it's that simple. stuart: july 21st, friday, and the trump administration stands on the verge of a big win or a significant defeat. and it is the republican party that decides which way it's going to go. you know the story. we're six months into this presidency, and so far the republican congress has delivered very little. now it's crunch time.

next week the senate votes on obamacare, and after that it's tax reform. just for a moment think what it would mean for the economy and for middle america if the president gets a win on both. you get to choose what health insurance you want, and you get to keep more of the money that you made. isn't that what republican voters voted for? i try to steer clear of stock market predictions. we leave that to our guests. but i have to tell you that almost everyone who's appeared says your investments will do even better if the republicans deliver. and so will the economy. the republican party holds the key. if they don't come through, watch out. again, i don't make predictions but, again, the people who are paid to make forecasts are unanimous. no health care reform, no tax cuts, oh, watch out below. that's the economic side of the argument. politically there's just as much at stake. our perception of the trump presidency will are change

dramatically if he gets a win. if he doesn't, the media will become even more contemptuous than it is now. they'll call him a failure, a lame duck after only a year. this presidency is now in the hands of the republican party, and the future of the republican party is in the hands of the republican party. friday, july 21st, we are on the brink, aren't we? the second hour of "varney & company" is about to given. ♪ ♪ -- to begin. ♪ ♪ [laughter] stuart: friday night. are you celebrating again tonight? >> yeah. i celebrated ashley's birthday for him last night. [laughter] stuart: a stick in the mud, this guy. [laughter] even better. >> no, i wish. stuart: the music, by the way, courtesy of n sync, so i'm reliably informed.

look at that, it's friday morning. session low for the dow. we're off 105 points now and falling. we could drop below 21,5. now, individual stocks in the news, look at general electric. it's down 4%, $1.10. a 59% drop in profit, that accounts for that drop on the stock. headaches for chi poet hay, more of them -- chipotle are. one confirmed case of norovirus, 100 sick in virginia. the stock's down another $1.50. the stock price, by the way, cut in half in the past few years. the amazon story of the day, the federal trade commission reportedly looking into allegations that amazon misleads customers about its pricing discounts. it's down $8, $1,020. breaking news, the white house just announcing they're going to host a meeting today with conservative groups to talk health care. the goal? to have hem put pressure on -- to have them put pressure on senators to to pass the bill.

vice president pence will be attending. we'll bring you any headlines. looks to me like they're getting hold of the conservatives -- >> yes. stuart: -- organizing them and saying pass this thing. >> you know, it's striking, every president since reagan got something in the first year. reagan, george h.w., bill clinton, obama got his stimulus in the first year. they've got to do something. and i say start hitting some doubles and singles. you've got to get your momentum back. get your mojo back. get ted cruz's consumer choice bill or, you know, insurance across state lines. don't go for major reform, get the little things done. stuart: they're getting the conservatives to the white house, and they're going to tell them get out there and push, because you can do it. >> you can do it. there's senators who seem to say no to everything unless they get 100% of what they want. >> exactly. >> it doesn't work like that. >> just get a vote on something. stuart: i knew you'd be with me

eventually, liz. >> is -- 100%. stuart: tammy, do you think the gop gets it? >> i think they do but, remember, this is an entire group of people in congress. republicans who haven't had a republican president to work with in a way, to make a difference with. so it's all been about themselves. it's about their own individual things, and they're all affected by the clamoring from inside their district as opposed to the larger framework. and in this case, of course, they're also influenced by the media and concerned about what the headlines look like. this is where president trump has got to step up, and if there's a new communications director and there's some word there may be in anthony scaramucci, that's an important thing as well as communicating with people in congress about the importance of what it is the president needs to accomplish. stuart: we just heard from fox news' john roberts that

president trump and anthony scaramucci are meeting at this hour. >> i'm not surprised. stuart: what you just reported sounds like it's in the works. >> well, look, there's a lot of things that become gossip or like little elements of news that don't end up i being true, but there hasn't been a communications director since mr. dubky left, and it's been one of my pet peeves. mr. scaramucci knows the dynamic, he's liked by the president, he's not from the swamp, he can get things done. and it can only be better than what's been happening at this point. i would be very excited if he's, in fact, the choice. stuart: let me bring this to your attention. congresswoman maxine waters says she'd consider running for president if millennials want her to. >> oh, please. stuart: i believe she's making a visit to new hampshire. senator kamala harris, she is a favorite among top party donors. the question stands, who is the leader of the democrat party? >> see, that's exactly the question, and that's perfect,

stuart. it clear toly indicates there is -- clearly indicates there is no leadership. it's individuals looking what's best for themselves and it's why the democratic party is a weak regional club right now -- stuart: weak regional club. >> it's like a beach club, and that's all heavy got. kamala harris leaving the beaches of california to go to the hamptons. this is their other mistake. she believes making money will get her where she wants. but, no, it will not. hillary clinton learned that as well. there is no leadership. and at the same time, i'll give you another number here which i think a lot of people don't know. a new poll has found out that about 40 million fewer people will vote in the midterm election. two-thirds of those are millennials, unmarried women and people of color. this means that the 2000 -- and this is from a democratic woman's polling firm -- this means that the midterm elections are the republicans' to lose. and big states where people are

not going to come out who the democrats have relied on, nevada -- which is dean heller, and he is coming up. and this is why, in fact, if you've got someone to push, you heard president trump mention him specifically, oh, he wants to come back in the senate, doesn't he? everyone in nevada is at risk. when you look at these midterm, the gop is in control. but back to your first question, they do know they control the presidency, but they may not want it. and this is where the base must have the president's back, mauve in through, and -- move in through, and he must have more of his people surrounding him. stuart: i want to repeat what john roberts is saying, anthony scaramucci is meeting with president trump at in this hour. he is a former fox news contributor, appeared regularly on this program, as a matter of fact. they're talking about, we believe talking about a replacement, a new head of communications from the white house. >> finally. stuart: that's what they're talking about, and the meeting is taking place at this hour. next case, amazon. [laughter]

we're all over this company. always have been. they've provided a lifeline to sears. sears is going to sell kenmore appliances on amazon. up went sears' stock. that was yesterday at least. up it went. burt flickinger is with us, he coined the expression retail ice age. all right. have you ever seen anything like the amazon effect? because when they announce that they're going to sell kenmore products for sears on amazon, not only did sears go up, but home depot and lowe's went straight down. i was amazed. >> amazon should be going up, sears should be going down. stuart: sears should be going down. but just because of the amazon effect, it went up -- >> right. and sears is like the proverbial burping the furniture to keep the -- burning the furniture to keep the lights on in sears' window.

stores are failing, retail will lose 300,000 jobs in 18 months. amazon will add about 100 to their payroll. but it's cannibalizing retail, and it's going to create a retail economic crisis of economic proportions. stuart: whoa. that's a big deal. >> yeah. stuart: okay. >> so power to prosper, we recommend it. amazon on fox business two years ago at 500, your viewers have made $500 a share. we think it'll go up to 1150, sears will wind up going to close to zero. so there's still money to be made in an overvalued market. and to your point on chipotle, watch out below. i drove in from cornell university where i teach this morning. chipotle doesn't use the top experts in the world. they're not using the restaurant and the hotel school's foremost experts, not using food safety sanitation. so without those great conditions and standards of

taking care of the consumer, chipotle can have these cofounders in there. stuart: well, you've just beaten up badly on sears and chipotle. let me stay with amazon. they say they're going to create 100,000 new jobs in the next 18 months. i think you quoted that number. is amazon now creating more jobs or online selling creating more jobs than the bricks and mortar companies are losing? >> both creating almost as many jobs as bricks and mortar is losing, and as the new york times reported, there are only 90,000 coal minders left across america. so -- coal miners. so amazon is adding 100,000 workers which is more than all the coal miners we have left during the last decade. stuart we got reports this morning the ftc is checking out amazon for its pricing discounts. >> yeah. stuart: do you think this is the start of a lot of people joining in and having a go at amazon

because it's so powerful? will it go anywhere? >> yeah. i've testified for the federal trade commission on buying practices. could be a potential violation of section two and section three , anticompetitive practices, predatory pricing. very glad to see the ftc looking into it so that it's level competition. so retail doesn't go beyond the ice age to their destruction. stuart: rein hem in a little, they won't necessarily try to break amazon up. >> not break them up, but just make sure the bricks and mortar aren't punished by the vendors giving amazon unfair pricing to put the bricks and more or tar people out of business. stuart: okay. the man who coined the expression retail ice age, thanks for joining us. >> power to prosper. [laughter] stuart: check this out. a bag that held moon dust from nasa's apollo 11 mission just sold for $1.8 million at sotheby's.

of neil armstrong used it 48 years ago. coming up, more on chipotle facing another headache, i guess you say, a rodent infestation at a dallas location. andy puzder used to run restaurant chain cke. here's here this hour. next, the device that will alert parents and police. the inventer is an 11-year-old. you're watching the second hour of "varney & companyiment. ♪ ♪

stuart: now we're down 77 points, coming back a little. we were down 105. okay, a lot of red, i'm afraid to say.

five, six winners. 24, 25 losers on the dow. and now this: according to the group kids and cars, a shocking 840 children have died after being left in hot cars since 1994. that's dreadful. our next guest has invented a device that can help prevent this. of he's 11 years old. his name is bishop curry x he joins us now with his tom, -- with his mom, tia. welcome, everyone, it's good to have you on the show. welcome. >> hi. stuart: bishop to, your device is installed in a car, the car gets very, very hot, and an afarm is sounded with mom -- alarm is sounded with mom and dad and the cops. that's the device, that's how it works? >> yes, because you attach it to the headrest of the car, and it has temperature gauge to see if it gets at a certain temperature. and it's going to make sure it keeps below that temperature while it's doing that, it's

going to alert parents and authorities. stuart: okay. is it on the market yet? can i buy it, bishop? >> not yet but soon. [laughter] stuart: you sound like a fine young capitalist, bishop to. let's talk to mom for a second whilst you have a drink of whatever it is you've got going there. >> okay. [laughter] stuart: it's not on the market yet, but you invented this, tia, correct? >> yes. stuart: tia, correct? >> yes. [laughter] stuart: okay, okay. how does it actually work? it's got a sensor or on it, i take it? so the temperature gets to a certain level, and all hell breaks loose, is that right? >> yes, it has a temperature monitor on it. once the car is at a certain degree and it detects there is a person in the car, then it starts to cool. you have a fanning cooling system, and it starts to cool the car.

and it simultaneously alerts the parents and giving the parents a certain amount of time to respond before alerting the authorityies. stuart: when do you think you might have this available for sale? >> like, the patent office says it will be available within a year, except that was like written in, like, i don't know, like -- >> you've probably got about four more months. >> four more months before i get -- [laughter] stuart: wait a minute, you've applied for a patent? >> yes, i have. yeah. that's when it gets pat p tented, in four more months. stuart: okay. and you've got a patent lawyer to see you through this? because it's a pretty arduous process. >> where yes. [laughter] stuart: tia, what is he drinking? you want to tell me that? [laughter] >> he needs to put it down. he's drinking hot chocolate. [laughter]

stuart: is that how you persuaded him to get in the studio, you give him a drink of hot chocolate to entice him in, is that how you do it? >> no -- >> i just come in, but i asked for hot chocolate. stuart: our green room is pretty well stocked, i'll tell you. [laughter] tia, if you get the patent and put it on the market, how much are you going to charge? >> bishop wants to keep the prices really reasonable, so most families if not all can afford it, so we're looking for under $50. stuart: excellent. i think it's a great product. i hope you get the patent, and when you do, come on the show, and we'll give you some free publicity x that's a fact. that's what we will do. bishop and tia curry, thanks for joining us. we appreciate it. good luck, by the way. >> all right, thank you. >> good luck on the show. [laughter] stuart: thank you. thank you very much, indeed. he's great -- tia, don't shake your head. that young man is just fine and

dandy. [laughter] >> thank you. stuart: thanks, everybody. >> he was loving that hot chocolate. stuart: watch this. gary player, 81 years old, acts like a teenager. he'll join us on what happens at the end of this video. [laughter] you'll see the rest of it, but you've got to wait. we'll be back. ♪ ♪ i'm... i'm so in love with you. ♪ ♪ whatever you want to do... ♪ ...is alright with me. ♪ ooo baby let's... ♪ ...let's stay together...

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♪ ♪ stuart: our next guest has won all four of the golf major championships, but now he's making headlines because of this. watch it. this is supposed to be a back flip that he did off the side of a boat, and this is gary player, by the way -- [laughter] and there you go. he's 81 years old. he joins us now from england

where the british open began yesterday. gary, welcome back to the show. that is not a back flip, that is a belly flop, and i think you know it. [laughter] >> listen here, when you get nearly are 82, you won't even be able to climb up on the boat. [laughter] stuart: i want you to tell our viewers again, and i know you've done this before, you're almost 82 years old. tell our viewers what athletic regimen, what exercise routine you go through every single day. go. >> yesterday i did 1,300 sit-ups and crunches, i ran the treadmill at max, and i pushed 300 pounds with my legs and did all the other exercises. i run the treadmill at max because it proves to me i'm not getting too old yet. but i must tell you, i was choking like a junkyard boat. that was on the bump of the boat. it was very high, i was very

nervous, but all my american grandchildren said don't be chicken, so i had to go. [laughter] stuart: all right. i'm sure it still hurts, but that's another story. [laughter] i want to talk the british open. round one, jordan spieth in the lead at 6-under. round two, he birdied the 1st hole, he's still 6-under. looks like he's in a very good position, gary. what do you say? >> he certainly does. he's got the right mood. and you remember, as i told you before, he's the best putter in the world. and if you notice on the 2nd hole, he drove in the rough and got a very good par. now, that's a very good booster for him. he's pumped up and ready to go, and i think rory mcilroy's also pushed up and ready the to go. there's a long way to go, but i would put my money on jordan spieth. towels the good putter -- it's always the good putter, contrary to what we hear all the time. stuart okay.

there's the scorecard on our screens at the moment. gary, i've got to run, but thank you very much for joining us, as usual. keep up that exerciseregime, and you'll live forever, lad. you'll live forever. [laughter] you are, sir, an inspiration. >> thank you. come to my funeral. [laughter] stuart: whoa, let's not end it like that. gary player, you're all right. thanks for joining us, sir. good stuff. all right. coming up, the trump administration stands on the verge of a big win or a significant defeat, and it is the republican party which decides which way it's going to go. that is my opinion. you're going to get more on that. more liberal lunacy on campus. berkeley banning another conservative speaker, ben shapiro. we're all over this story. i thought they'd reformed. i thought they'd opened up. >> apparently not. stuart: no. stay with "varney & company," because we'll be back. ♪ ♪

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stuart: we're coming back, we're coming back, we're coming back. we were down 105, now we're down a mere 43 points. and a lot of that loss is accounted for by general electric and microsoft, two dow stocks which are downed today. without those two stocks, you'd probably see the dow virtually dead flat. how about those big technology names? check 'em all the time. only facebook up this morning. amazon, microsoft, alphabet and apple are down but not that much. still very close to those all-time highs. breaking news this hour, vice president pence meeting with conservative groups to talk health care. the goal? have them put pressure on senators, get this bill passed next week. joining us now, congressman phil roe, republican from tennessee.

congressman, i say this is crunch time. we're on the brink. the republican party holds the key to the presidency and its own political future. am i right? >> i think you're right. and even more than that, stuart, there are people out there, patients out there that are suffering with this current bill. you can say the polls show this and show that. i know in my state of tennessee that rates are up 176% in the last four years. stuart: you can't do nothing. >> nothing. stuart: but if the republican party does nothing, does not pass this bill, then democrats will come in and give you obamacare on steroids. >> i agree with you, and i think we've failed the american people if we don't pa pass it. stuart: has it sunk in, congressman? >> i think it has. stuart: is there a realization that you're on the brink here? >> we certainly did in the house. we got up -- i was on the house floor getting ready to stand up and speak when the speaker pulled the bill the first time. and we got back in a room, we

got -- i spent probably five hours with vice president penceing with another smile group and other groups of people, and we built a coalition and built this bill up and brought it back to the floor and passed it. and it's a good bill. i'm not sure why the senate didn't just vote on our bill. stuart: well, he's doing the same -- vice president pence is doing the same thing as of right now, bringing in conservative groups so they put pressure on senators, get this thing done. do you think he will be as successful with senators as he was with you house members? >> i think so. i met with several senators the other day about a different issue but, obviously, brought this up. and they were cautiously optimistic. hay said, look, behind the scenes we're working on this. i know how hard this is. i was in the middle of all of that on the house side. i agree with you, we have to do this because we told the american people we would do this, and we have -- it's tough. and i know not having senator mccain there -- by the way, i want to give a shout-out to senator mccain. i spoke to him frequently on veterans' issues, and he is a great american.

i certainly wish him nothing but the best. we now don't have his vote, makes it a little tougher for senator mcconnell. stuart: now, you're a doctor. >> correct. stuart: you practiced for many, many years before you went to congress. what do you make of the suggestion from the cbo, the congressional budget office, which said 32 million people would not -- would lose coverage. is that the right -- would lose coverage if you reform obamacare the way the republicans want to reform it? >> well, the cbo to, they're good folks. they score bills all the time for us. but here's the problem with that. they assume, stuart, if you take the mandate away -- have you ever had a mandate to buy health insurance? no, you have not. their assumption is once that law, it's a a static assumption, that nobody will buy it because they don't have a mandate. i've never had a mandate to buy insurance in my life. i have obamacare now, that's the insurance i have. but if the mandate goes away, it's the responsible thing to do, and if i can afford it. that's the problem with so many people out there now is they

can't afford the insurance. let me give you an example. in the hospital system where i practiced, this is astonishing to to me, about 70% of the uncollectible debt today are people with insurance. not without. because the co-pays and out of pockets are so high, the average citizen cannot -- stuart: yeah. the deductible is the killer, isn't it? >> it is. and if you've got a card but you have a $6,000 deductible and you make $40,000 a year, you don't have coverage. stuart: i know people, regular folks, 40, 50, $60,000 a year, and their deductible is $6-$7,000 a year. >> per person. stuart: that's not coverage. that's not health insurance. >> no. if you had -- basically, what you have is a catastrophic plan without the health savings account. you don't have the money in there to actually help pay those bills that you used to get paid by your insurance. so, stuart, i feel like the senate is under the gun. it's tough to do, i'm not saying this is easy. it wasn't for us.

but they have to get it done -- stuart: at the end of the day, they have to get it done. >> have to get it done. stuart: will they get it done? >> i think they will. cautiously optimistic. stuart: careful, congressman, you're on tape -- [laughter] it was a pleasure having you on the show. appreciate it. >> thank you. stuart: all right. next case would be university of california-berkeley. they're blocking a conservative writer, ben shapiro, from speaking on campus. the reason they gave? oh, they don't have a suitable venue. [laughter] not sure i believe that. joining us now, scott greer, author of the book "no campus for white men." i don't think that excuse is anything more than a pathetic excuse. what about you, scott? >> oh, it is absolutely a pathetic excuse. they always use these excuses every time they don't want a speaker speaking on campus, particularly with conservatives. berkeley used a similar excuse to prevent ann coulter from speaking in april. oh, there's security concerns.

we don't have a proper venue to prevent the rioters from happening. and what's happening here is this is a writers' veto. they know there's going to be protests and angry demonstrations of shapiro or any other conservative, so they find these ways of preventing them there showing up such as we don't have a proper venue for you to speak at. this is another pathetic excuse that berkeley is using to silence conservatives. stuart: i thought that the tide was beginning to turn. not necessarily in california-berkeley, but elsewhere in the country. michigan has been considering a bill in the state legislature to ban safe spaces and trigger warnings, that kind of thing. have i got this wrong? because i did think that we were beginning to see the tide turning. >> you're not -- you're seeing it in some cases. i mean, legislators are taking more note of this issue and are trying to, you know, pass legislation to deal with it. but universities are becoming more extreme, more radical. we're seeing kids are not

stopping protests and trying to shut down people they disagree with. so even if lawmakers are considering ways to say, you know, block safe spaces, the students on campus are still trying to enact these safe spaces, and they don't want people like ben shapiro or ann coulter showing up on campus. and the university administrators are going to find any way they can -- even if they're a republican university and are required to have these people on campus -- to prevent them from speaking. stuart: the name of your book is "no campus for white men." what is the gender split on american campuses today? it used to be 50/50, men and women. now i'm told it's more 60/40? what's accurate? >> that is closer, 60/40 is more accurate. it's about 57% female, 43% male. there might be the other 37 genders involved, but for right now that's the primary gender breakdown. for campuses.

but it's becoming increasing, it's increasing more. i think in a few years it's going to be two-thirds female and only one-third male. so this is becoming a big problem on campuses on how they adjust to this gender discrepancy. if there's fewer men on campus, you know, that's leaving a lot of our country behind, and there's not the -- and we're not accurately representing ourselves on college campuses. stuart: i hear you. scott greer, interesting subject. thanks for joining us. appreciate it, sir, thank you. sunday's season premiere, game of thrones, big success. 16 million viewers, but millions more watched it illegally. what's that about? >> estimated 19 million viewers watched it. [laughter] illegally. so people in your home country of the u.k., germany, india, indonesia in that order pirated it, stole it. basically, it was stolen and put up on the internet in what are call bit to have rent files -- torrent file, and it's shared around the world.

so it's basically ripping off hbo to. it was viewed 16 million when you consider television and all devices here in the states. and by the way, people in the united states were also ripping it off and pirating it. stuart: we said on that screen it was 90 million pirated views. >> around the world. stuart: that's a lot. >> that is a lot. stuart: a gigantic loss of revenue. >> yeah, frustrating for them. stuart: all right, next case. investigators are looking into whether three wimbledon matches were fixed. >> what? stuart: this is the first time i've seen. >> there's a group called the tennis integrity unit based in london, and they look at potential corruption within the game. and the reason they're interested in these three matches was unusual betting patterns. two of the matches to occurred in the qualifying rounds, one was a part of the main competition. they're not saying what matches, who was involved, but they are looking at it. now, unusual betting patterns doesn't necessarily mean someone has inside knowledge or someone's fixing a game. there could be incorrect cod to setting, player fitness, playing

conditions, but this is only the second time they've ever looked at something involving wimbledon. doesn't mean anything's afoul, but they are concerned. stuart: it shocked me when i saw that headline, and i only just saw it. >> yes. integrity of the game is critical. >> did you just say afoul? [laughter] stuart: the republican chair of the washington state republican party wants to use the left's tactics to fight seattle's plan to raise taxes on the wealthy. calling for civil disobedience. this is republicans calling for civil disto to weed yens, asking constituents to rise up against liberal lawmakers. we're going to talk to her in our next hour. first, andy puzder, used to run the parent be company of carl's jr., here is a question: norovirus found at economy poet lay. huge p.r. problem. how does chipotle fix that? we'll be back. ♪ ♪ meta appetite control...

it's your glass of willpower that helps keep cravings... ...far, far away. feel less hungry with the natural fiber in clinically... ...proven meta appetite control. from metamucil. ♪ ♪ >> claudia tenney pounding the table in defense of republicans in congress. roll tape. >> we passed the choice act which rolls back regulations.

of we passed the flood insurance bill out our committee, financial services. stuart: alled good. >> we've rolled back, like, 14 different cras, which we're going to roll back regulations of $6 billion in savings to our business community and others. we've done a lot in the house, we need to talk about it. you're right about that, we need to argue the case -- stuart: you've got to get out there. you've got to pound the table. you've got to do that. pound it, pound it. it's my table, you can pound it. [laughter] >> e need to -- honestly, tax reform is just as important or maybe even more important, but we have to get all that done especially for our districts. ♪ ♪ potsch: you each drive a ford pickup, right? (in unison) russ, leland, gary: yes. gary: i have a ford f-150. michael: i've always been a ford guy. potsch: then i have a real treat for you today. michael: awesome. potsch: i'm going to show you a next generation pickup. michael: let's do this. potsch: this new truck now has a cornerstep built right into the bumper. gary: super cool. potsch: the bed is made of high-strength steel, which is less susceptible to punctures than aluminum. jim: aluminum is great for a lot of things, but maybe not the bed of a truck. potsch: and best of all, this new truck is actually-

gary: (all laughing) oh my... potsch: the current chevy silverado. gary: i'm speechless. gary: this puts my ford truck to shame. james: i'll tell you, i might be a chevy guy now. (laughing)

stuart: new study shows low income earners are seeing their weekly pay rise faster than other groups. workers at the bottom of the pay scale have their weekly earnings go up 3.4% in the last year, that's a big change from 2015 when that same group saw rises of less than 1%. andy puzder's with us, former cke restaurants' ceo. are minimum wage increases behind these numbers? >> i think they're probably part of it. there's really two things going on. one is the lay wore market -- labor market is tightening. and even in states like tennessee and texas where the minimum wage has not gone up, we're seeing wages go up because people are competing for employees. then we have states that have

raised it like michigan went to $8.90 an hour, and, you know, you would obviously see an increase in wages for minimum wage employees with an increase like that. and it's probably -- that's probably low enough that it doesn't really kill jobs. you can probably compensate for that increase with price increases which isn't bad. we could use a little inflation. but i think it's just part of it. stuart: but is it something also to do with fewer illegals crossing our southern border, therefore, the supply of low income, low-skilled labor is down? that rises -- raises wages. is immigration success something to do with this? >> well, people are definitely searching for higher quality employees, and if you've got less competition from people coming across the border, i think that would impact. now, at carl's and hardee's when i ran it, we used e-verify which i think most employers in our segment do.

and if you use e-verify, then you shouldn't really have problems with hiring people that are here illegally. but it may affect the broader market. you know, i think minimum wage impacts it. i think the fact that the economy is on fire under president trump impacts it. and you may also have an impact from immigration as well. stuart: i want to talk to you about chipotle, because you used to run a restaurant chain. >> yes. stuart: what can they do? we've got the number of reported illnesses from that restaurant in virginia up to about 100. what can they do about this? >> this was a big problem for them. they were the brand that always advertised the healthfulness of their products. then in 2015 they had all those problems with people getting sick. they came out and said we made changes, and now they get hit with this again. they're going to have to make some big changes, and i've noticed they're not commenting much on these incidents in the media. and they may be contemplating what they need to do, but they're going to make -- they're going to have to make some

significant changes because it's sort of fool me once, shame on you, fool me twice, shame on me. and people are saying, look are, these people are really going to make us sick, we're not going to go. so they're going to have to do something very, very significant. i don't have a good solution for them. stuart: you wrote an article about the need for congress to get health reform passed, why obamacare must be repealed and replaced. i get it. and you're a supporter of the most recent senate gop health reform plan. my question to you is this: does the gop in the senate understand that the stakes are about as high as they could possibly be? you've got to do something. they? will they? >> if they don't understand the stakes, they've been asleep. because everybody, everybody is writing about this, everybody's talking about it. the president's telling them, the vice president's telling them, people are writing articles, the "wall street journal" is covering this at length. they had a great piece a couple of days ago.

if they don't understand the importance of this, then we've got a real problem. they have to pass bill. this is a good bill. it gets government out, it e lip nails the employer mandate and individual mandate. it inserts competition, thank you, ted cruz, insurers can now sell these people policies that they actually want to buy, not the standardizedded government policies. and with health savings accounts, they can cover their other medical expenses that respect covered by medical insurance with tax-free dollars. it's time to get it to the president's desk. stuart: i don't get it when some republicans say it's a bad bill. maybe it's a bad bill because they don't get absolutely everything they want. but i think that something -- and in this case i think you get quite a lot -- i think that's much better, infinitely better than absolutely nothing. you with me? >> i'm with you 100%. you know, a lot of the complaints are, well, the senate bill doesn't eliminate the obamacare taxes. we're going to have to fight

this fight that republicans are bad people and they just want to help the rich and hurt the poor. why also fight it on health care? let's deal with the tax issues when we do tax reform. people have to understand this is a team sport. and, you know, the guys on our team have to understand that, because some of them, i don't think, know they're on a team. they think they're doing this on their own and they're going to solve the world's problems. stuart: sometimes democrats are better at politics than republicans. >> they sure were in 2008-2009. they had the political will. you know, you -- look, bernie sanders didn't like obamacare. there's a lot of democrats that didn't like are it, but they had the sense to know you pass it. stuart: andy puzder, thanks for joining us. 11:15 eastern this morning on this program, round three between myself and eric bolling. i said at the top of the hour, if republicans deliver, stocks

could rally nicely again. again i say to mr. bolling, something is better than nothing. [laughter] back to this big number, $4.14 trillion, that's the wealth added to the overall value of stocks in america since the election. at 11:00 this morning, glenn hubbard. we're going to ask him what he thinks about that big number, next. but there will still be pain. it comes when your insurance company says they'll only pay three-quarters of what it takes to replace it. what are you supposed to do? drive three-quarters of a car? now if you had liberty mutual new car replacement™, you'd get your whole car back. i guess they don't want you driving around on three wheels. smart. with liberty mutual new car replacement™, we'll replace the full value of your car. liberty stands with you™. liberty mutual insurance. that's it. i'm calling kohler about their walk-in bath. nah. not gonna happen. my name is ken. how may i help you? hi, i'm calling about kohler's walk-in bath. excellent! happy to help.

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>> comedians are tricky. i've dealt with a couple of them at this point, and when they're not solid on the issues or the policy, then they revert to the humor and make a mockery of you. luckily, i've been there, done that. did it with trevor noah on the daily show. stuart: all right. she's prepping for a debate with a liberal comedienne, chelsea handler. many of you reacted to that. patricia: i'll watch just to watch tomi prove chelsea handler and others like her need to stay out of politics. rosy: this is going to be cringe worthy. tomi is just not the right person for this task. last one: tomi is logical, well-spoken, backs up what she says with facts. handler is trying to be funny. i see liz waving her hands -- >> no, i'm not. was that rosie o'donnell

weighing in -- [laughter] stuart: it would have been harsher than that. >> let me back up. i don't like when any entertainer get into politics. i think it's a distraction. i think liberace and the roling stones had -- rolling stones had it right. we do entertainment, we don't do politics. stuart: i'm with you. >> call bruce springsteen, tell him. [laughter] stuart: i think it could get nasty. what do you think? >> i do. in this current environment, absolutely are. i think the left and the liberals have become very aggressive if they don't agree with your point of view. chelsea handler, who cares what she thinks anyway? i think tomi will handle herself -- stuart: very dismissive, the day after his birthday. who cares -- >> comes with age. [laughter] stuart: all right, everybody, thanks very much. we will be back. today, we're out here with some big news about type 2 diabetes. you have type 2 diabetes, right? yes. so let me ask you this... how does diabetes affect your heart?

it doesn't, does it? actually, it does. type 2 diabetes can make you twice as likely to die from a cardiovascular event, like a heart attack or stroke. and with heart disease, your risk is even higher. you didn't know that. no. yeah. but, wait, there's good news for adults who have type 2 diabetes and heart disease. jardiance is the only type 2 diabetes pill with a lifesaving cardiovascular benefit. jardiance is proven to both significantly reduce the chance of dying from a cardiovascular event in adults who have type 2 diabetes and heart disease and lower your a1c. jardiance can cause serious side effects including dehydration. this may cause you to feel dizzy, faint, or lightheaded, or weak upon standing. ketoacidosis is a serious side effect that may be fatal. symptoms include nausea, vomiting, stomach pain, tiredness, and trouble breathing. stop taking jardiance and call your doctor right away if you have symptoms of ketoacidosis or an allergic reaction. symptoms of an allergic reaction include rash, swelling, and difficulty breathing or swallowing. do not take jardiance if you are on dialysis or have severe kidney problems. other side effects are sudden kidney problems,

genital yeast infections, increased bad cholesterol, and urinary tract infections, which may be serious. taking jardiance with a sulfonylurea or insulin may cause low blood sugar. tell your doctor about all the medicines you take and if you have any medical conditions. so now that you know all that, what do you think? that it's time to think about jardiance. ask your doctor about jardiance. .. .. (baby crying) (slow jazz music) ♪ fly me to the moon ♪ and let me play (bell ringing) (audience cheering)

brief news item from yesterday did not get the attention i think it deserved. microsoft has an alliance with a chinese company what is this all about. robot cars, it has organized 50 companies to work on self driving cars. microsoft is in the car of the future project. this is actually big news. because big tech is now expanding into and taking over the car industry. the big attack is changing the landscape and transforming the car into something very different. apple, google microsoft they are working towards machines that will be a shell. housing a computer that the trite may still build the shell but silicon valley will supply the software to tell

the computers what to do. that is a transformation. new regulations and laws but it is happening. the big five tech companies are extending their dominance a rash of new industries. the wealth they made in one area is being put to use elsewhere. it's only just begun. that's what we spend so much time on apple, they had hundreds of billions of dollars in cash here they come. watch out world. the third hour of burning and company is about to begin.

you youngsters would not know this music probably had vague memories of that. we are back down again. eighty-nine points now. we were down 105 and then down 40. now it's down 89. we are holding around 21,500. the stock of the day's general electric at its lowest level since 2015. this morning i'm alone ge has lost $11 billion in market value. that is this morning alone. that is what happens when you drop your profits by 59 percent. the columbia business school dean. will bc another leg up for the stock market rally if republicans deliver on the growth agenda. we had been waiting for a

rotation from monster bonds to stocks. i think that will happen. and it will happen and further strengthen by better policy particularly in tax reform and regulation. money managers had not been as cautious on stocks as they are now 2008. you don't think it's time to shift a little money out of stocks especially if you have done well in the big tech. the question is where would you get the bond returns are very low. if the economy could grow faster and i think it can the u.s. stocks can still beat the right place to be but it's a question of policy. i can just talk about better policy it has to do it. >> can we get 3% growth on the economy if we don't cut taxes. it would be difficult. tax reform is probably the biggest single thing but we

don't need an major tax reform. it would be nice. but even focusing on corporate tax reform would get us a long way. it would require things that really boost productivity and get people back to work. the tax code is a the place to start. of where the stock market is now and where the economy is now. you're putting up a very positive point of view. i think it is a positive forward looking point of view if we've had better policies. yes they are rightfully economic concerns but if we have better tax policy and better regulatory policy the economy could be better. let me ask you that question. you've been on the inside of dc politics and economics for many years. assess it for me now. handicap it for me. what chance do we head of a tax cut this year.

i think we have a good chance if people come together on what we know how to do. if we could marry a corporate tax bill with support like work. both sides of the aisle really want that and have something to gain. a narrower bill like that could easily work. what are we just be better off if we cut individual tax rate and cut the corporate tax rate just get on with this? >> i cut and where marginal tax rates would be great but would have to have a way to make a lot of that revenue loss. the hard part for congress was broadening the base. would we not get that back with future growth. corporate rate cut particularly but on the individual side no more than a third of it would come back if you cut the top rate. it's their but tax cuts don't pay for themselves. you really had to marry growth with some budget restraint. on all of the speculation

about the next fed chair possibly feeding you. the only person that counts is president trump into me the real question is what he want the fed to be. you're very diplomatic. and we appreciate that. anytime you want to come on the show let me know. i would love to have you. our next guest has been named one of the most powerful women in finance by american banker the same question as opposed to glenn. maybe the future fed chair. will we get another leg up for the stock market rally if the republicans deliver a tax cut. i think it's healthcare and infrastructure. and he gets all of these things. if we get the stimulus to the economy yes we get another leg up for stocks.

all of the viewers that is a question they always ask us. we have done so well so far i were sitting on nice gains should we rely on some more gains what do you say. i think every client that we talk to is very different. we just did a survey among our million plus households. they actually think of their money in three buckets. they want to make sure they have enough in terms of their cash flow and what they need. they also are looking at long-term care. there has never been an older generation that we have now. this is the longest older generation. that is our growth segment because people are living longer. they care about healthcare. they care about healthcare. i read an article in the wall street journal.

they are now today 53,000 people who had reached the age of 100. and women guess what. they have a propensity to live longer. think about the demographic shift. and everybody is concerned about the premiums. we just heard from the guest before you talked about premiums. it's fascinating what's going on with our clients. less than half of wealthy investors and the people you deal with less than half of them even though they are wealthy feel secure about their financial future. they feel secure because many of them are relying on equities. the old adage was the older you get the less you will have inequities but people think about their legacy. they worked long and hard and not necessarily conventional wisdom. these people are really focused. they've have a great bull market we get it.

this pool of money even when i might be deceased this money is for the next generation. is long-term money. conventional wisdom is shattered a little bit. when you think about the legacy. none of my kids get anything if they have a tattoo. i'm not sure you come across that very often. give me some advice. i'm not wealthy but i like your advice. i had been sitting on stock for more than a decade and i've done very well. the stock is close to an all-time high. i'm 69 years of age. should i sell a small amount of my microsoft and put it someplace else in cash and while i can. why would you think about your cleat complete financial i

don't know your situations are not an answer. except i don't like tattoos. paula, come back. give a lot of good information. check this out please. amazon's chief now on instagram kicked off his profile with the drone shot preview of the blue origin's new factory. the new rocket will be built. we will be born --dash join susan hutchinson and she wants to use the tactics of the left to find that plan. calling for civil disobedience. this is a republican. she is asking her constituents to rise up against liberal lawmakers. now look who is on our way.

of course he's reading his book. i'm told he's doing quite well. he saw this segment he wants to come back for round three. i say something is better than nothing and i'm right. [music] whoa that's amazing...

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if you tuned in on wednesday you saw us to a segment with the words stew in the swamp written across the bottom of the screen. our next guest was not happy about that because he is a new book swap. he is with the fox news channel. and today he's back on the fox business network.

i promise i will call you every morning and you can go from there. leslie forget this one. in the last hour vice president pants has held a meeting with conservative groups urging them to put pressure on senators to get out there and say yes on healthcare reform. there's the problem right there. the repeal and replace part of it. rand paul came out and they said we can do this repeal and work on replace over the next two years. three senators are holding out. yet they voted for the exact same bill in 2015. they set that bill to barack obama's desk and they have to veto it. he have to veto it. now all the sudden they are saying no.

there is no other reason. >> it is the same bill. the replace comes later. is blowing my mind. i put it up on my twitter account. i've audio and video of the three senators selling the straight clean repeal bill. you can make changes later you can do it. i'm with you on this one. are you still with me that something is better than nothing. it's actually the only option right now. because if you do absolutely nothing you will get hurt. if you do the full bill that they're trying to get through

their gonna get hurt worse. premiums can arise going right right into 2018. will be a rough one. you can continue to say stew in the swamp. every time you said think of the book. i don't know how you had time to write a book. and you a radio show. together in the swamp. it could be something. think it's so much for being with us. it's always a pleasure. they post a 2 million-dollar fine. we should point out the alleged wrongdoing to take place when rex tillerson was ceo.

very soon susan hutchinson will join us. she wants to use the left tactics to fight the plan to raise taxes. it's very unusual and different. i'm told this is wonderful video you can now two or the international space station with google street view. that is literally the space station way up there. look at it on google. we will be right back.

remember we talked about some apollo moon landing auctions. the lunar desk has just sold for $1.8 million. she bought it for $995 two years ago. also at auction. someone did not see the value there.

now you can take a virtual to her of the space station thanks to the street view. click on tiny dots and little notes pop-up that explained sign to the functions for each device. a man in toronto is in trouble with the city after he repaired these park stairs on his own dime. they threaten to tear down because don't you love it. check this out they used a 3d printer to create an artificial heart made of silicon. it mimics the muscle contractions of the real human heart. traditional ones were made of plastic and metal. if this model is perfected that could be a big deal. the new island off the coast of north carolina.

nasa has released images to show how quickly it formed. the photo on the left is from there. i can see it. if you're on the market for a home that is off the grid this is for you. this is a cabin in day harbor alaska. it sits on 5 acres 560 feet of oceanfront a lot of mountain views. $245,000. what a deal. robots may be replacing the work as well. the pressure is on inks to amazon. there is a story for you. this is a really important. are they going to deliver a wind for president trump president trump is a very good question. [music]

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remember it partially. all the stories are. we are down. it's not that bad. it's friday morning and now or down 72. look at some of the big names in technology. it would be pretty steady despite delays in the growth agenda. that is not a big decline. fox news contributor james freeman with us now. >> i have a dilemma. i own some microsoft stock. i've done very well. should i sell some of it the new tech companies and buy into the old tech companies which have not how their luck. it is a dilemma now. if you're thinking maybe that tax cut is looking a little shakier. a lot of the companies have a lot of money overseas. where to be big beneficiaries of some of that money when

it's allowed to come home at the lower rate. earnings have been growing overseas lists dori is kinda more optimistic. i would say that tech especially you can't say it's cheap but these valuations. we still have the fed and other central banks put out a lot of money out there. it's hard to see until they dialed it back. should i sell some or all of my microsoft and put my money out there. if you are saying is this the time to dive into tech i would say it looks pretty expensive. even answer the question. the toughest part of our age is where you go to safety.

government bonds has been historic. i do take your point. because microsoft and the other big tax would be huge beneficiaries if they bring money back and buy back their own stock which would tend to put it up. i'm answering my own question. i'm staying with microsoft. it is the new tech company you just marched right in. check out amazon everybody. they will address the issue of amazon. seriously now what we've got is the ftc checking amazon because they might have messed around with their real discount on pricing. that is a very small scale investigation. is it part of a larger attack on amazon because it's been so powerful.

in most of them had encountered some government regulations whether it's coming out of the eu or the united states over the years. is probably that they will see some of that. i don't think it is a huge deal. but it is questionable as they make up over 50% of online transactions. they haven't reached that level now. 53% as of last quarter. 68million people have amazon prime. and as household based. if you have it then your whole family has it. there's only hundred 20 million household in america. 68million of them paid them $90 a year just to get stuff sent to them. i don't think the attacks on amazon will be forcibly broken up. they may rein in here and there. they have an army of lawyers

to defend themselves. generally the government looks at regulation around pricing power. if you look at standard oil and look up the other guys in all reality amazon has probably been the singer crated driver of pricing compression in history. you take walmart. they took it from here to here. white with the government break up an entity that is saving consumers billions of dollars. i don't see this as a move to break up amazon. i don't think there's enough power to move behind it. how about the government first stop they prevented them from providing real competition in the market.

this really would be ironic if they now go after him is on having protected their dominant position. they can clip their wings a little bit but they can't stop them from flying. there will be competition and you don't need to worry about it. stop subsidizing them. and the package delivery. we have the founder of crate and barrel amazon's taking the touch and feel out of buying i think it is a valid criticism. >> i think anything that moves people from an in-person echo system to a virtual echo system it's hard not to argue that. look at what they did with sears today. for the first time sears and amazon did a deal around kenmore. a few weeks ago they bought whole foods.

they are definitely looking at how do they keep the experience alive. i will type how my wife uses it. you can argue that the virtual world in some cases allows you incremental creativity and touch and feel around the product but in furniture it's hard to argue that. we had breaking news and i'm involved. president trump tweeting bernie and company. six months in that is from the president. he quoted me. is this what the president tweeted. is the it is the hope of growth that is making the 4 trillion-dollar richard. --dash make it richer. it's pretty impressive. lay down wall street journal.

you go to the hamptons this week. we had been tweeted by the president he is watching i'm deeply flattered. thank you mr. trump and mister president. where was i. crate and barrel. the white house meeting today and this was for james. the white house meeting today. vice president pentz he brings in lots of conservative groups about healthcare. get out there and convince senators to vote yes on healthcare. i think you look at those conservative holdouts saying this is not enough reform for them to vote for the deal that was on the table. it really boggles the mind.

this is the first significant reform of entitlement. let's see if they can revive it in some fashion. are they going to vote now against the tax cuts. if they think they're not big enough. the presidency in and the future of the republican party are at stake now. if the republicans can't get tax cuts and they can't do the repeal and replacement their toast. and so is the presidency. do to understand how high the stakes are. and to your point about the run-up in stock prices. a lot of factors we talked about in central banks. it was the trump agenda of tax cuts and deregulation that investors cheered and he was first elected in the months following now it's time to deliver. it is still hard for me to

believe even though republicans look like they are blowing it that they are really going to throw away this historic chance to start moving towards patient directed or taxpayer friendly healthcare. i can't believe they would blow this opportunity. i just had a sense it will somehow come together. one more time since it's on my little phone here. he treated -- tweeted might take. six months in. it's the hope of growth. thank you everyone. i have a tease.

not to be confused with technology nerds. this conference has kicked up in san francisco. and we have the inside scoop on the superhero movie in the works. let me tell you. the republican party chair she said she wants to use the tactics of the left like civil disobedience to fight seattle's planet to raise taxes. that's interesting. the republicans using civil disobedience. she is on the show with a story back in a moment.

start with this. alexa, the stock price of amazon.com. you can see that the half a%. the big news is amazon is teaming up with brick-and-mortar rival sears and not only that the why it says will be equipped with smart technology which means you can use the voice

activated assistant to control those appliances. even the air-conditioning. you say alexa, tell can work smart to set my ac to 68 degrees. they are down 4% after gaining a whopping x.6 percent. stick around much more bernie and company still head. -- varney and company still head. nah. not gonna happen. that's it. i'm calling kohler about their walk-in bath.

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>> just look at that. comic con is underway. what are you seen hillary. once the doors open in a few minutes but even as superheroes had to wait in line. thousands were camped out overnight waiting for day to to get underway over 130,000 people will visit this weekend bringing $141 million in revenue to the city of san francisco. -- san diego. it's about the franchise also. the multi- billion-dollar franchises. they count on them to connect and build their base. they dropped a hint. they confirmed that they will have the next live action

superhero movie with a 2019 release date were expected to get a first look at the upcoming eighth season of the walking dead. i just began the seventh season of this week. we will host a panel and be on the lookout. the tourism board estimates that over 18,000 patents will be hydrants will be sold over the weekend and 29 -- and 29,000 cups of coffee. terrific stuff. thank you very much hillary. it's very good step. >> seattle is imposing a new tax on the wealthy residents of the city. our next guest has a message for them. welcome susan hutchinson. what you're doing you are taking a page out of the less book civil disobedience don't pay taxes. you know what you're doing to you.

of course we know what were doing. but we don't consider it a left wing tactic after all the boston tea party was a massive act of that. i've never gotten over that quite frankly. you are adopting the tactics that had been there recently. used by the left. are you comfortable with this. in our state we don't have a state income tax it's unconstitutional it's illegal by state law and nine times the voters have turned it down. and so when the seattle city council is led by a devout socialist. what their real goal is is a challenge in the courts. to defend defendant in the courts all the way up to the supreme court which is very liberal. in hopes that they can turn over the constitutionality of

the prohibition against an income tax. and for those of your listeners and audience that live in states with an income tax you need to know that washington state is very highly taxed. none of the most tax per capita in the country in skyrocketing are pretty taxes. when i think of civil disobedience i think of protesters sitting in the streets nonviolent action but what you're talking about i think is you're telling people don't pay the higher taxes just don't pay. that is a different kind of civil disobedience. that's actually breaking the law. what would be required of all of our residents is that they participate in a brand-new bureaucracy that would have to be formed inside city government and the goal of course is to really had a seat. it would be a state bureaucracy as well. so that we all had to report our income. we've never done before in the state. here in the city people are

being urged not to comply. what's it like being a republican on the west coast it makes you pretty tough i have to say that. we are always in a fight one of the things that happened when i went to seattle city hall monday of last week to protest i have a news conference i was totally drowned out by what i would call a rent a mob that showed up. yelled so loud that they could not hear me and i could hardly hear them. this is what happens in a place like seattle. there is no alternative voice. i feel for the people in the city. they never hear the kind of information that you purvey on your program every single day. do you think at any point in my lifetime hopefully i have maybe 20 years left. do you think at any point in the next 20 years we will see a republican that washington

state oregon and california will go for a republican candidate in a presidential election? >> that's hard to say. we model ourselves after wisconsin which is very similar in nature to washington state. we've a very conservative agricultural side of the state and then we have a very liberal city in seattle and some of our other urban areas. we are one seed away from controlling the entire legislature. that's a first step in washington state. and the next is the governor and to turn over some of the federal seats. we have great congresspeople here including kathy mcmorris rodgers. we are very proud of our republicans in washington state. the brave soul in washington state. thank you for joining us. we do appreciate it. thank you very much indeed. fits it participation.

it just hit a seven year low. that number has been falling since 2014 when the former president obama started making cuts to the program. some states like maine lamented work requirements a few other states have followed suit in the past couple of years so we could see that number fall even more. we shall see. individual stocks we are watching them for you. i down a beat forecast from ebay. it was down 2% not a huge loss. capital one financial profit getting a boost. look at go. as it is an 8% gain. the sketch is. down about 1%. colgate-palmolive. were down again. not a big loss. this is a sharp selloff.

down now three and a quarter percent. it is helping it point lawyer. -- lower. it is up 1%. some mixed bags there. i have to admit i'm flattered we burning company in this program we had been tweeted by president trans- official twitter account. much more on this next. ♪

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the rest is up to you. call now, request your free decision guide and start gathering the information you need to help you keep rolling with confidence. go long™. ♪ let six months and it's the hope of growth that is making america $4 trillion richer. okay that was a bit from my take. guess who is watching. president trump. here is his tweet just moments ago. six months in is the hope of growth that is making america for training dollars richer's -- richer. i think it's very flattering. it's a wonderful thing. it's glad that the president of the united states is rough

gene. -- is watching. maybe we were kidding ourselves. i think it shows that indeed the president will tune in once in a while. do you know what i hope. i think it was delivered by the president of the nine states of america. what we were doing in the editorial there was outlining some of the successes of that presidency the presidency which have received virtually no credit in the media. the 4 trillion-dollar run up in the value of all stocks. that is a trumpet rally. what went unmentioned is energy dominance. daily it seems to grow. the insignificant they start to really crank out the oil and we are not behaved today's countries.

did you know that opec is meeting in st. petersburg russia. and here cares. the world oil market is now run by americans. specifically american factors. it was the ability to get out. and now were doing it. president trump officially picks the former investor as the white house communications. a frequent guest on this program. foxbusiness interpreter the form foxbusiness contributor he will be at the communications director. it's all happening. there is more for you after this.

stuart: happening now, new york

times reports that sean spicer has resigned as communications director of the white house. and by the way, "the new york times" also reports that spicer rejected the appointment of anthony scaramucci as his replacement. that's just happening right now. and so, too, is neil cavuto right now. sir, it's yours. neil: stuart, thank you. quoting "the new york times," that sean spicer has resigned, telling president trump that he vehemently disagreed with the appointment of anthony scaramucci as the communications director. now, there had been other incidents in the past, but this was apparently the coup de grace. the president offered mr. scaramucci this job earlier, and when sean spicer found out, he believed that the appointment was a major mistake, relayed that to officials within the administration. we're told the president himself had -- and ultimately decided to leave. i don't know of any bad blood from scaramucci towards spicer, but some of these changes come