tv After the Bell FOX Business February 5, 2020 4:00pm-5:00pm EST
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things. [closing bell rings] we talked about this a couple months back that we're pretty excited. liz: most investors if they're bullish or excited today because the s&p and nasdaq closed at new records. the impeachment vote coming up now. that will do it for "the claman countdown." melissa: new records on wall street and history on capitol hill. all three major averages ending the day in the green as the senate about ready to vote on president trump's peach peeve trial. it is impeachment day. the dow is up 483 points, less than .5 percent below its record. i'm fannie-mae. connell: i'm connell mcshane. glad to be back in new york. melissa: i'm glad you're back. i missed you. connell: down sound genuine. she likes having the studio to herself. melissa: that's true. connell: s&p was very close last time we checked to a record at the close and it looks like it will get there. it needed, up 37 points. that is good enough for a record
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as it settles in. that is record for the s&p. definitely a record for the nasdaq up 47 points. if you want a stat for the nasdaq -- melissa: i do. connell: 149th record close for nasdaq composite since election day 2016. melissa: love it. connell: fox team coverage. it will be a busy hour. edward lawrence on capitol hill where the vote will be taking place. kristina partsinevelos on the floor where the rally has been taking place. phil flynn in chicago and edward, let's start with you. reporter: 2 1/2 weeks in the making. at the moment the senate stan in recess. they're waiting for that vote to start. senate majority leader mitch mcconnell just spoke. one republican senator at least will break ranks. we learned senator mitt romney had an appalling abuse of power. he says he will vote to convict on abuse of power article of impeachment. in an emotional statement.
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listen to this. >> i am profoundly religious. my faith is at the heart of who i am. does anyone seriously believe that i would consent to these consequences other than from inescapable conviction that my oath before god demanded it of me? reporter: romney, we'll hear from witnesses and documents that contradicted what he heard from house managers. he said he didn't get that chance. most democratic sentences saying what the president did was wrong, that he should be removed not only from office here but also from the 2020 ballot. here is senator elizabeth warren in iowa before she came back here to d.c. for the vote. >> i think it exposed to the american people just how much republicans in the senate are willing to break the basic understanding of how our government works including what constitutes a fair trial, in
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order to protect the most corrupt president in history. reporter: republicans are saying this is basically all a show. they're trying to do this because they cannot beat president donald trump at the ballot box. we'll have the vote in a matter of minutes. i will be here to get the results. back to you. connell: we'll be back to edward throughout the hour. edward lawrence on the hill. melissa: let's go to kristina partsinevelos on the floor. reporter: we're talking about a stellar day here. nasdaq being s&p 500, even the dow up 1 and 3/4 of a percentage point. a strong day even though some traders were telling me it was relatively quiet today for a lot of their orders but let's take a look at some of the dow winners for today. momentum we've been seeing throughout the day as united health, bring it up on the screen, same ones, ibm as well. yes, exxonmobil, which a lot of the shares of gas, oil and gas companies are trading higher. that is the momentum of possible
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unconfirmed reports about any type of coronavirus potential treatment. so we're seeing some strength overthere as well as boeing. tech titans though, i want to talk about some of these stellar tech companies that blew it out of the park today, but closing down right now. so we're seeing them lower. amazon as well as microsoft. microsoft did hit a record high yesterday. you're seeing microsoft shares a little bit lower. there was a analyst from citigroup did put it at a buy. jeff bezos also said that he sold 1.8 billion of his stock. we'll end on tesla. because, whoa!, what a ride. monday was 20%. yesterday, it closed at a little bit above 10%. you're seeing it down 17%. the worst day in six years. this comes after warnings of model 3 delays in shanghai. canaccord downgrading the stock. what a roller-coaster. back to you guys.
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melissa: kristina, thank you. connell: talk more about this as investors brush off four months of impeachment proceedings in the back and forth we've seen in the senate chamber over the trial here over the last few weeks. so, the dow jones industrial average, we've been saying up 483 today. close to its record high. where do we go from here? where will it continue? jonathan hoenig joins us, capitalist pig founding hedge fund member. what is going on here? some sort of a political bet investors are making? is it the idea even if the economies slow down around the world the fed is still there? what is happening here this week? >> connell, briefly, you have not slowed down. i've been watching you in iowa and d.c. your travel schedule and reporting on fox business has been exemplary. a delight to watch it. in terms of the market there has been impeachment relief. this has been top of mind for lawmakers for many months. that is what you saw today on wall street, relief over impeachment and relief over the coronavirus which has certainly been dominating headlines.
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this morning we started to see the buying even as kristina alluded to, even a whiff of this potential scourge could be coming to markets. that inspired the buying. the breadth was good today, connell. 260 new highs, only 60 new lows. so the buyers were back. given those highs, the bull market is back on. melissa: potential sign of things to come. macy's announcing plans for 1/5 of its department stores next three years and cut 2000 corporate jobs as part of an effort to cut costs. jonathan, what do you think about this one? they have a pretty good online game but are they getting lost in the shuffle of retail, if you're going to go to a store, it has to be an experience, or you have to crush it online, one of those two? >> not just even in retail writ large, melissa. it is really mall retailers. we're not seeing remaking of the mall economy. we're seeing destruction of it. you're seeing it in shares of macy's, simon property group, a big reit or something like
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kohl's. these stocks have been destroyed. macy's was 0-dollar just five years ago. it is 17-dollar stock, basically the where it was in the late 1990s. they're fighting for survival, medical list not literally what is fashion but existence itself. it will not exist as it does now in the next three or four years. melissa: the malls when they go out of business if they don't turn into giant white elegant, they become a destination for families, whether trampoline park. if you go some somewhere for entertainment if you buy stuff it will be online. >> yes. malls entaintment for medical uses but they're not used for large format department stores as they have been for the better part of the last 50 years in america. melissa: jonathan, thank you. connell: go to oil for a moment. oil settled up more than 2% in the session. snapped a five-day losing streak in the process.
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phil flynn joins us from chicago with details. i guess we stopped the bleeding for the oil traders today, phil? >> we did. it was kind of a big mood changer today. we got a report perhaps we'll look beyond the coronavirus, maybe it will be cured and we saw the prices start to get back up online. a lot of buying coming into the market. there was also of course a lot of great economic data which raised the demand expectations for oil. you got a great non-manufacturing number, a great jobs number. all of that will equate to good demand. that is a reason to be long oil. another reason to be long oil it was expected today opec and their plus one in a joint minister meeting in vienna would announce another production cut. guess what? they came out of that meeting with a no decision. this may hurt the oil market this is just coming out in the last few minutes. they're extending the talks one extra day. the meeting was supposed to end today. the market was expecting a production cut. they can't agree how big the cut is going to be.
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so this two-day meeting is now a three-day meeting. back to vienna for another day. waiting to hear if opec will respond to the coronavirus. melissa: i missed vienna. connell: you used spend a lot of time there. melissa: i loved those meetings t would be so cold that the penguins from the zoo inside. i'm not kidding and make me do my live shot outside while the penguins are inside. connell: you have to have the effect. speaking of live shots. we'll have one from washington no doubt as the senate trial begins on the floor. they are back in session. they will vote on two articles of impeachment in order. melissa: market up 482 points. they're voting on impeachment. the market is soaring, whatever. crowding out the field. michael bloomberg's pricey tactic that could leave 2020 candidates far behind in the ad campaign. connell: cracking down on pesky robocalls. how big tech is taking aim at all this, trying to cut down on scammers across the country. melissa: shaking up the
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the president. go to edward lawrence on capitol hill. reporter: this is abuse of power. the senate they are voting as we speak. 25 not guilty, 19, guilty. those numbers going for the moment down party lines. we have not come to senator mitt romney who will vote guilty breaking ranks. we don't know if some democrats come over to the republican side to acquit the president. these proceedings, historic proceedings going on right now. only the third president in history to be up for impeachment, facing this trial here. as you can see right now the vote tally, 27-not guilty, 21 guilty. the votes are coming in right now. melissa: thank thank you, blaken at white house for us. i'm sure they are watching that. melissa: right. connell: whether he is or not, i'm not sure. blake what has been happening there today? reporter: watching but not reacting especially the news of the day, no doubt about it on washington, d.c. republican senator mitt romney
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will vote to convict the sitting republican president on impeachment charge of abuse of power. let me take you real briefly how everything played out here in washington in the 2:00 hour. at that point the president was hosting juan guaido, the venezuelan opposition leader here at the white house. there was supposed to be a pool spray shortly after that. generally we get the president on camera. you get to fire off questions to him of the news of the day. however as romney announced his conviction, intention to convict, suddenly the white house scrapped that pool spray. meaning we haven't seen from or heard of really heard of, heard from the president today. romney's decision means that the president is robbed of his ability to say that his impeachment trial ended purely on partisan results. now earlier today, the vice president, mike pence had predicted this would be a bypartisan result. thinking being, democrats, one or some would switch over to the
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republican side. it turned out it was bipartisan, in the sense one republican is now voting with the democrats. here was the prediction much the vice president here today. >> we expect a bipartisan vote in the united states senate. you know, the only bipartisan vote in the house of representatives was against the articles of impeachment. an, we expect bipartisan vote in the united states senate today. reporter: so the abuse of power charge will be bipartisan, just not the way the white house expected it though obstruction of congress charge of course is going to fall exactly down party lines. so we anticipate. connell, melissa, we still await to see how the president will react, when he will react in what form or manner. of course exactly what he will say especially reaction to the decision from mitt romney. connell: let us know if you get anything this hour, blake. live to the senate floor now. we're speaking from the senator from utah. he cast his vote, voted guilty on first article of impeachment,
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speaking about mitt romney. they're almost done here, the first article which is abuse of power. listen live for a moment on the senate floor. >> not guilty. mrs. shaheen. mrs. shaheen, guilty. mr. shelby? , mr. shelby, not guilty. miss sinema? miss sinema guilty. connell: judge andrew napolitano, fox news senior judicial analyst. as they wrap it up, they need 67 votes. nobody expected anything else close going in. it will be the romney votes gets vote up to 48 of the 67, right. >> if you had a chance to listen what senator romney said or read the transcript what he said, what offended him the most, a vote he also voted against the party line the other day, that was to bar testimony. he felt that this should be a real trial with real witnesses, particularly john bolton, and
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real documents particularly the 24 emails that "the new york times" has uncovered that the senate never saw. he also felt that the president's behavior could not be justified under the constitution. and finally he felt this was a serious and some per event. connell: yeah. >> that the president didn't take it seriously. all of those things i think animated senator romney. we know it didn't change the outcome. takes a little bit of the wind out of president's victory. connell: your personal analysis. there are 48 guilty votes against the president, that is all we expected to get in the first round of the 67 needed. in your personal analysis we talked to you many times during the proceedings do you agree with what senator romney articulated. do you understand, another argument, yes many things the president was accused of doing during this trial he did do. the evidence was presented to say that, yes it did happen maybe those actions are not
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necessarily impeachable? >> oh, sure. that is a valid, legal argument. lawyers are trained to analyze problems from half a dozen different ways. intelligent lawyers, even non-intelligent lawyers can look at the same problem and come up with different answers. i respect those very much who look at the same facts say, yeah he did it, yes it was wrong, yes it was reprehensible, not impeachable, particularly eight months before an election. connell: let me ask you with that. the break news this hour they have gotten through the vote on article i as expected. they do not have anywhere necessary votes to remove the president from office. that final vote is 48 guilty, 52 voting not guilty. are you surprised, no democrats, not one, not joe manchin of west virginia, kyrsten sinema of arizona crossed over to quit. >> i think senator manchin was furious that mitch mcconnell refused to allow the censure
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motion to come to the floor, he said he had republican support for it. that might have animated his decision today. under the law they have to take a second vote under the other article. once the chief justice finishes giving instructions, the clerk will read the other article. this is the contempt of congress article. this is the one where senator romney he will vote with the rest of the republicans. there will be a one-vote difference in the outcome of this one, also well shy of conviction. this contempt of congress was charged by the house judiciary committee against richard nixon and house of representatives for bill clinton, for the very same thing president trump is accuse of doing, ordering subordinates not to turn over documents or be available for testimony. connell: thank you for making yourself available here. no matter how you stand, an historic vote in the senate. the president on the first article will not, there was no vote as we expected to be removed from office. we'll get the second. thank you, judge.
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connell: "fox business alert." fox corporation, which is the parent company of fox business, reported its results. this is second quarter results. ashley webster in the newsroom with the numbers. ashley. >> strong numbers. the expectation was two cent loss on adjusted basis. it was up 10 cents on the revenue side, coming in 3.78 billion. that is also a beat. revenue number up 7% year-over-year. affiliate revenue growth up 7%. both the television and cable outlets and advertising revenue, also growth of 1%. ceo, lachlan murdoch, saying that the fox name, the brand is showing a lot of strength in a very competitive marketplace.
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saying also seeing healthy growth on the top line with the revenue numbers. the. connell: ashley webster in the newsroom. melissa: "fox business alert." now the live impeachment proceedings underway still here on capitol hill. let's go back to edward lawrence who has more. what's happening now, edward? reporter: right now is the vote on the second articles of impeachment this is obstruction of congress going forth. we expect this one to fall down party lines here. senator mitt romney indicating he would go guilty on abuse of power but not guilty of obstruction of congress. the senator there, wanting to see more testimony that would contradict what he heard from house managers but again, it looks like this one could fall down party lines. that is the way it is going. eight guilty, nine not guilty at the moment. they're counting votes here. in the senate they need 67 votes in order to find the president guilty on this charge. it is not expected to happen. back to you. >> edward, thank you. connell: we'll keep you updated
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coglianese, "daily caller" executive editor. what do you think is the net effect of this? obviously we see the markets soaring today. >> yeah. melissa: he is clearly not going to be removed. we had the state of the union last night. is there a tarnish on the presidency? >> i think anytime you see an impeachment go through, it is a tarnish on the system ultimately because you've got a situation where congress decided they needed to at least consider overturning the vote of the american people. however this ends, everyone will look back, say it was not good for the country we had to go through this. now i do believe the democrats will be relieved, despite whatever statements they may release today, they will ultimately be relieved they're getting past this. because as you have seen, the president's approval ratings, that gallup number coming out this week, his personal best in light of all this impeachment stuff going? suggests that democrats took upon a strategy that in the end backfired for them politically
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and will be grateful to get past it. melissa: before, a lot of folks were saying, even if he doesn't get removed, he can't get reelected once he is impeached. it will damage him. it will render him unelectable next time around. even after the speech last night, nancy pelosi ripping up the state of the union he is almost starting to seem like a superhero where he can, no matter what they throw at him he sort of leaping over a hateful congress in a single bound. they may be empowering him. >> that's right. this is lesson democrats broadly failed to learn from 2016. the more they attack him aggressive, especially if the attacks look like they're deeply unfair, which many of them have been, the more they empower him, the more they energize his base. the more they make it likely he will be reelected. there is a reason the president was tweeting, pretty endlessly this morning about nancy pelosi's behavior last night at the state of the union. he knows he will win that. melissa: stand by.
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we send it back to edward lawrence right now for a "fox business alert." the vote is finalized at this point. reporter: exactly, melissa, the vote has been finalized on the second article, obstruction of congress. the president has been acquitted now on both charges, on article i and article ii. the second one was down party lines. senator mitt romney voted not guilty with the other republicans on that. the senator saying earlier today he did not view the president obstructed congress. he views the separation, the powers the president has sacred to himself. though the mitt romney on article i did vote guilty. the president acquitted of both articles. in article ii, it was 53-47. article i was 52-48. back to you guys. melissa: thank you for that. vince, now it is official. he is not being removed from office, not a big surprise. >> no. melissa: but neither went
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through. mitt romney when he said he was voting to remove the president on one of the articles he said, he was doing it because of his faith in spite of consequences. i wonder what consequences will he face? that was sort of his platform when he ran for senate, i'm running as a check on president trump? >> right. no, he is in a pretty safe senate seat for himself in utah. hard to see that changing as a result of any of that behavior here. remember when he first got to washington, first thing he did write a "washington post" op-ed attacking donald trump. that is his game since he has been here. this is not new. i think it is interesting joe manchin voted to go after the president and said, they had, it was clear evidence to convict him. he also said, gosh wish we had witnesses. that is confusing message to send when voting for it. ultimately the headline, acquittal. melissa: speaking of chaos, let me ask you one quick question about iowa and the like before you go. the bloomberg campaign announced
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it will double its ad spending. the former new york city mayor has already spent $300 million since entering the race. they are calling it the bloomberg effects because he is driving up the ad prices in all the different markets. he likes like the winner from iowa. he didn't get bogged down there where no one got a benefit. instead he is benefiting by spending money down the road. in some places price of ads are up 40% because he is buying up all the time. what are your thoughts? >> the bloomberg effect is to demonstrate the hypocrisy of the democratic party when it comes to the presidential candidates. he is able to buy his way on to the debate stage. he crowds out smaller candidates, disenfranchises them for being on the media, enriches media companies. he got rich off the finance economy. looks like he is on track to be actual competitor for a nominee for their party. that is a big deal. democrats don't want to talk about those details.
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>> vince, thank you. connell: thank you. overhaul of largest police union, new york city, declaring a public safety emergency. it is telling new yorkers to reject mayor de blasio's easy excuses. that and more still to come. beyond the routine checkups. beyond the not-so-routine cases. comcast business is helping doctors provide care in whole new ways. all working with a new generation of technologies powered by our gig-speed network.
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melissa: let's go right to edward lawrence on capitol hill right now as the senate acquits the president on the impeachment trial. edward? reporter: what is going on right now chief justice john roberts is thanking the folks involved in this trial. he talked about his impark alty related to trial going forward. we have a trump campaign statement released about this acquittal. i will read it so i don't get this wrong. president trump has been totally vindicated. it is now time to get back to the business of the american people. the do-nothing democrats know they can't beat him so they had to impeach him. this terrible ordeal was always a campaign tactic, invalidated in the 2016 votes of 63 million americans and was transparent effort to interfere with the 2020 election. only nine months away. since the president campaigned only got bigger and stronger as a result of this non-sense, this impeachment hoax will go down as the worst miscalculation in the
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history of american political history. and that is the campaign manager from the trump campaign. obviously they are putting this behind them in the rear view mirror as the senate majority leader mitch mcconnell saying they will start with the business of the country from now on. melissa: edward, thank you. bring in our own david asman for reaction this one. david, what do you think? >> you know what? i was reminded by, reminded of by mitt romney's vote was the vote of senator mccain on repeal and replace. one republican who is not in lockstep with the rest of the party and the president, that can really make it a bad day for them. luckily in this case for the president, he still was acquitted. but that will be the focus now up until now it was purely partisan event. in fact, there were a couple of democrats that voted with republicans in the house. melissa: right. >> so there is a question of historically how this is going to look. it probably would have looked
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better for the president if this remain ad purely partisan event however it is clearly came over to the senate in that way. with romney just voting conviction on one count, that probably won't stick historically as a lot of people thought it would. the other question of course, that will remain for a long time, this came out in that interview that he had with, that romney had with chris wallace on fox news channel was whether or not this will be seen as a vin ticktive act on the part of -- vindictive act on part of mitt romney or a heartfelt decision he made. he said because of the fact he does feel in his heart when he makes an oath it is to god. he has a very strong religious belief in the depth of his heart. melissa: right. >> he believed he had to convict on one of those counts. people will feel like john mccain this was more have been addictiveness than anything else. melissa: a story near and dear
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to both you and my hearts. new york city, 30% spike in shootings, 70% spike in auto thefts since the start of the year. the police union declaring a public safety emergency here in new york city. >> right. melissa: it wasn't that long ago i pointed out how filthy and kind of dangerous the city was getting. got a lot of criticism for that. turns out it is true, it is happening. now police are confirming it. what are your thoughts? >> not a surprise to you or me. when you have a mayor who doesn't back the police, bottom line is, the police are going to feel vulnerable, they will step back. when you have a mayor like mayor giuliani did in the early '90s who backed, who backed the police 100% and were there whenever a cop was hurt, was in the hospital or whatever, the mayor was first one there. he would back them on all of their effort to cut down on crime. particularly in areas hard hit by it. you know a lot of people say
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what giuliani did and what bloomberg did in fact were racist because they were focused on minority areas but in fact 80% of the victims of violent crimes in new york come from minority areas or minority centered areas. so in fact if you're having very aggressive policing that stops violent crimes, you're affecting the lives in a positive way of minorities. i would just say that the bottom line here is that this mayor has created a situation that we've only seen the tip of the iceberg of. it is going to, it is going to lead i think a long-term decline in the quality of life in new york. you think of this coronavirus in china by the way. when you see all the homeless on the street, what they do on the street, that the city council has allowed them to do on the street, you realize, this is, at a time when we see this virus spreading in china because of poor public health standards, sanitary standards. melissa: yeah. >> sanitary standards of new york are deteriorating
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almost as much as they are in areas of china. it is the same in los angeles. so this is very dangerous. melissa: the economic policy does it too. they raised taxes. they drive businesses out because the landlords raise rent because of part of taxes. >> bingo. melissa: in my neighborhood. storefronts are empty. they break the windows. they break in. crime becomes of these economic consequence. >> you see all empty storefronts block after block, upper west side, upper east side of manhattan. business is hurt badly. a lot of businesses are leaving because of high taxes. >> on that happy note what is coming up on your show. >> doug wead, we will talk to him. nancy pelosi made history last night probably for the wrong reasons. we have south dakota's governor. she is a republican. she is furious at female democrats for refusing to stand up when president trump was talking about the gains of women in the trump economy last night. going to be a good show.
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melissa: david, see you at top of the hour. connell: moving on the countdown to the 2020 presidential election. you look at voters, they're always looking, they will tell you of course to achieve the american dream. many young adults delay certain milestones due to student loan debt and that has become a big campaign issue. hillary vaughn on the trail in new hampshire breaking that down for us as that state's primary approaches next week. hillary? reporter: connell, the high cost of higher education is making it difficult for some students to fund their bays i can needs and fund their education. one man in new hampshire where student loan debt is the third highest in the nation is trying to change that. for 22 years larry wood has made it his mission to help student at university of new hampshire find their place. >> i wish we had three times the amount of rooms that we do but we don't. we have eight student that live here. reporter: he run as small dorm for students who need affordable
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housing. but gives them a lot more at the ways meet center. >> this is the cornucopia food pantry founded in 1997. it was originally there to serve students but now it serves people from 13 different communities. reporter: larry says the cost of higher education is the highest we've seen. >> we'll lose students, simply the only reason not to come, not to come back to unh is because of the cost. wages that students earn are not that great either. some tell me they actually go home to work because they can earn a little more. reporter: for many paying for college goes beyond tuition. added cost of book, board, base being needs stack up. >> i was a freshman at unh. reporter: one of the students he helped is raie. >> he would advocate for me, my photography to help put the passion forward. reporter: she graduated with $30,000 in student loans. when she graduated she didn't land her dream job and couldn't
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pay off her debt. >> i did a lot of things like cocktail waitress, nanny, all of that. i came to a crossroads i hope i'm going to be able to make it. or i can take personal radical responsibility. reporter: working minimum wage wasn't working for raya. so she started her own photography business. she was able to pay off her student loans in two years. >> i didn't go out on weekends. i didn't go on vacation. i didn't buy a coffee. sometimes, every little thing i did was directly going to be contributing to growing my business and paying off my student loans. i think if i, perhaps maybe didn't have that student loan debt, maybe i wouldn't have been pushed to figure out something different. reporter: raya is one of hundreds of students larry has seen come through his doors and leave with thousands of dollars ever debt. >> i think something has to be done but i'm not sure forgiving it outright is the best thing to do. reporter: high student loan debt
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can prevent student from achieving major milestones in the future. a recent study found 80% of people with college debt skip saving for retirement which can cost them a lot more in the future. connell. >> big topic, hillary vaughn in new hampshire. melissa: so these telecom giants have your back. the new technology that is taking on robocalls. the lexus nx. modern utility for modern obstacles. lease the 2020 nx 300 for $359 a month for 36 months. experience amazing at your lexus dealer.
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a more secure diaper closure. there were babies involved... and they weren't saying much. that's what we do at 3m, we listen to people, even those who don't have a voice. we are people helping people. ♪ connell: fox business alert, teleton down after hours. also, on revenue but investors are worried about slowing revenue growth. and they are hammering this stock. did the now infamous peloton ad have any impact on the bis.
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brett larson is joining us. a quick thought on peloton. >> i was excited to watch that, i like concept they have you can either get the bike in your home or subscribe on app and use it on other stationary bikes. and have a team work out thing. it is troubling. i don't think that ad was the problem. i think that ad was a symptom perhaps, in terms of slowing. i think we see this a lot with technology, a new idea it will be exciting in the beginning, but you will plateau. not -- not everyone will buy a new stationary bike every year. i hope not, but you will subscribe to a service, they lowered the price of monthly cub subscription to 12 bucks, i think a little bit of give and
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take. it will all come out in the wash. connell: hang your clothes on the end. >> right. connell: teaming up, common enemy, sprint and com comcast ae creating new technology, they want to protect us from the robocalls that we hate. >> i hope it works, i am happy to see sprint do this with comcast, they are using stir. secure telephone identity revised. >> you are showing off. >> they tested it last year, one in 10 americans have been scammed. that is pretty bad, they are providing a actual secured bit of information, so when your phone rings sprint's comcast said we have identified this person they are who they say
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they are. we are passing that along. this is we've been missing. you can get a local phone number in the world that is the robocall problem, all you need is internet connection and a voice over ip box, you have the beginnings of a robocalls business. connell: people don't want that. >> absolutely. connell: maybe people likely to sign up with them am talk about netflix or the movies. in the netflix era. traditional theater chains of forced to adjust, but now more and more we see them trying to make going to the movies more like an experience, a premium experience with restaurant level service, i like the reclining chairs. you can fall asleep if the movie is horrible. now, alcohol sales are booming at movie theaters. >> i love this idea for a variety of reasons, some
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personal. connell: well. >> the reality, movie theater experience has gotten expensive and the experience in your home is much better, you can get a inexpensive high-definition television that is gigantic that feels you are in a movie theater, your friend and family for $25 or $20, have you 5 people at home, that is a pretty good return on your investment. sound systems are less expensive. theaters make to make it feel like an experience. connell: number of movie theaters probably peaked like 6 years ago, but now they charm more per ticket. >> a -- not the chains but individual closed down here in new york. they were charges 20 to go to movies, people are more inclined to pay that if you can also add
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another $20 you get a nice dinner or maybe a glass of wine or a pitcher of margaritas, that enhances the experience. as -- opposed to sneaking in, in your pocket, because i would never do that. >> of course not. connell: okay we have more. jacksonville jaguars will be first team in nfl to play back-to-back, quote, unquote home games overseas, two in arow in london at wembley, i would assume people in jacksonville are not happy about this, but they are trying to make more money. >> you have to take a trip across the pond to watch your local team play, they get twice the money playing over there, than home game, this is a multiprong effect, they want people in u.k. interested in nfl, bring some games over
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there, it has been going on since 2013is. connell: ashley webster is a big football guy, he worked in green bay for a while. >> we call this american football. connell: yes, and they always sell out. >> it always exciting by the beer is warm. connell: at the movie theater or the game. >> i like, that thank you, brett, great brett larson with us, those were two big stories, market rally and end of impeachment. melissa: you never snuck anything into a movie theater. connell: i have gone to 3 movies in last 10 years, so i don't think it has happened, why? melissa: i don't believe you. connell: 20 seconds if you want tto confess. melissa: i am going to focus on market, a big rally on day of
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impeachment acquittal. connell: check your twitter. there is senate floor,. david: "bulls and bears" starts right now. >> a fox business alert, what a news day, stocks soaring with the do you finishing up more than 480. to acquit the president on both articles of impeachment. bringing weak long impeachment trial to an end. this is "bulls and bears," thank you for joining us, i am david asman, let's go to edward lawrence on capitol hill, not everyone voted on party lines here. >> right,
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