perfection right now. as you just alluded to, growth stocks, russell 1,000 growth is up 14%. the value down 17. 31% spread. bigger than even in the tech bubble in '99. liz: all right. we've got to run. [closing bell rings] that will do it for us. this is a record for the nasdaq. connell: new high once again on wall street. how about that nasdaq? the dow also gaining momentum in the final hour of trade. president trump has been meeting with the mexican president at the white house. we'll cover it all for you. good to be with you, i'm connell mcshane. jackie: i'm jackie deangelis in for melissa francis today. this is "after the bell." a volatile day for stocks but major of aing as ending in the green. it is the 25th record close for the nasdaq this year. apple, amazon, netflix all hitting new highs today. fox business team coverage. hillary vaughn in washington but first we start with edward lawrence at the white house.

edward. reporter: going on right now is that the statement in the rose garden between the president of mexico and the president of the united states, president donald trump. the two world leaders finishing that up. they will have a signing ceremony after that to celebrate this the mexican president known to be long-winded. he is speaking at the moment. president trump touting the trade agreement as a huge win for the two countries. the administration saying it would add 600,000 jobs over the next five years. andres manuel obrador you see there, sees the trip to reiterate importance of the trade agreement and strengthen cooperation with the pandemic. it is his first international trip as president of mexico. he flew her commercial, an wore a mask, testing negative for the virus yesterday. president donald trump rolling out the red carpet. in addition to a signing ceremony, formal dinner. mexico invited the fifth richest person in the world among others, carlos slim, who owns a

number about mexican companies. from the u.s. perspective the administration wants to make sure mexico lives up to its end of the usmca including workers labor rights. making sure workers make $16 an hour making auto parts, automobiles to be able to qualify for the nafta free trade. prime minister justin trudeau was supposed to be on the stage in the rose garden with the other two world leaders. he was invited but declined because of the coronavirus and things going on in canada as well as strict rules that canadians have. president donald trump says he will have a conversation with the prime minister of canned later on today. back to you. jackie: thank you so much, edward. connell? connell: jackie, we want to talk to steve moore about some of this, member of the great american economic revival group, freedom works economy. big picture before we get into a little bit of the nitty-gritty of the news today, back and forth about schools and all that that has been out there, where

do you think we are in the recovery right now? >> i think we're in a good spot. i think we're moving ahead of schedule. those jobs reports we gotten, connell, in the last two months are far higher than i and most economists thought. i felt we wouldn't be in this situation until late august. so we're running ahead of pace. obviously you have to worry about, you know, if there is any kind of second-tier of shutdowns. that would be a dramatic negative for the economy. i just don't see that happening. we have a problem at the border with a lot of infections and caseloads but most of the rest of the country is getting healthier. so i'm feeling pretty good about things. connell: the president has been pushing as you know very, very hard to get the economy back up and running and i think that conversation i alluded to about the schools has brought that into focus the last couple days. some people say, wait a second, we better wait, we're not sure and the president saying no, we need to get the schools open and

you know, doesn't even matter where you are in the country, we need to get them open. your view how that is handled and also on the economic impact whether the schools open up? >> yeah. we've been really pushing this at our save our country coalition, that you have got to get the schools open in the fall. for two reasons, connell, number one, school-age children are not vulnerable to the coronavirus. more likely they would die in a school bus going to school than getting coronavirus or even getting sick from it. we know that over data over the last four or five months. now the economic aspect of this is also really important, connell. i am of the view, i think more economists are coming to this view, you can really have a fully open economy if you don't have those schools open. i have two of my employees right now, we don't have a lot of employees but two of them cannot come in to work because they have got kids at home. if there is no school for them to go to, they will have to stay

at home too. so it has a very negative effect on business and the economy if the schools are not reopened. connell: will it be like that for example, in new york, unless they change things. mayor de blasio says it will be very much a partial reopening, staggered in some way, schools are in schools a few days aweek. those days that is impact economically. >> that doesn't work, staggered idea. kids have to be in school. speak about this from the welfare of the kids. kids already lost half a year of schooling or almost half a year of schooling this past year. now we'll not let them go to school in the fall? these kids will fall further, further behind academic. that has real serious negative effects on their earnings power and product titillater in life. we have to start thinking about doing it in a safe way. the kids, very, very, very few cases of kids getting coronavirus other even spreading it. you're so right to ask this,

connell, because the economic implications are important but also we got to think about this next generation of workers. if they continue to miss school that will have a negative impact. connell: you're talking about it as everybody is doing it in a safe way. one of the things i heard, i heard it yesterday on our show, superintendent of schools in new york, white planes north of the city, said they need more money to do that effectively. they need to buy certain things. that gets into the conversation we'll have in the next few weeks in the congress about state aid. i want you to listen to what he had to say. dr. joseph ricus and react? >> we all want to be back in school with our children. the pressure needs to be in the senate. we need to make sure the heroes act is passed so that school districts and states have money they need to be able to safely reopen schools, to be abide by those cdc guidelines. without that support it is very, very difficult. connell: what do you say, steve? says show me the money we'll get it done?

>> was that new york city, who was that? connell: white plains, new york, superintendent of schools. >> because new york, i mean people should realize new york city is spending almost $20,000 per pupil. the last thing new york city and most of new york needs is more money for their schools. they overspend so much. you can get a better education half the price in the catholic school system as you do in the new york public school system. they don't need more money. they need to open up. they have to start teaching their kids. i see this teachers union saying maybe we won't come to work. they haven't been teaching for four months. if they don't want to, here is the other thing, connell, i feel strongly about this, movement going on in washington if teachers unions don't want to teach and don't want to go back to school, give those kids in new york city or in chicago or st. louis a 5 or 10,000-dollar voucher to go out to find a school that is open. you know what? parents would love that idea.

they wouldn't be trapped in poor schools. they could go to good schools. we cannot get the economy reopening, we cannot help our children if they're not being educated. it is really critical that it start this fall. connell: all right. more to come on this topic and reopening in general. steve, always good to see you. steve moore with us. jackie, back over to you. >> all right. stocks reaching record highs under the trump administration and wall street now assessing what potential biden win could mean for investors. hillary vaughn is live in washington with the details hillary. reporter: jackie, wall street is not yet sure what to bet on if biden were to become president because some of them worry his agenda could be hijacked by the progressive left but some of biden's allies in finance are tamping down those concerns saying that biden will stay a moderate and his policies will not bring wall street any surprises but the white house economic advisor larry kudlow

says on fox news today that a future president biden, would quote go on a tax hiking orgy. that would do major damage to investment in the u.s. biden has been very up front with wall street, that he plans to raise taxes on corporations and some firms predict those tax hikes could be a blow to some investors. goldman sachs says in a report last night this, we estimate that the biden tax plan would reduce our s&p 500 earnings estimate for 2021 by roughly $20 per share. and today joe biden may have been watching our reporting on this topic he talked about wall street worries about his presidency at his event today. >> all wall street is worried about will progressive biden gets elected, prounion biden will it hurt things? one of the main operations to know it will help things. reporter: wall street is not just watching biden but keeping an eye on senate and house races in november. if democrats flip the senate, there are worries that a

progressive policy agenda could become more real. >> i do think there is a concern that the socialist wing of the democratic party may very he will be in charge. i think especially if you see both democrat, both democrat senate and a democratic house come november along with president biden. reporter: jackie, i talked with one of biden's long time friends, veteran capitalist alex patricoff he says his policies are to keep in the middle of the road. jackie. jackie: hillary, great as always. connell: now to the virus and numbers. the u.s. passing 3 million coronavirus cases across the country. casey stegall joins us live from all of this. casey. reporter: connell, today we had a coronavirus task force briefing at white house.

one of the things interesting to share the vice president said earlier this week the mortality rate was 90% lower than at the height of this pandemic and health officials also say that they believe one of the main factors helping prevent further community spread of the coronavirus in places like texas a big hot spot, test more people, in particular people asymptomatic. three new federally funding surge testing sites are officially open, one in texas, one in louisiana, another in florida. the hope to identify carriers of the virus before they infect others or worse, get sick enough to wind up in the hospital. because in the lone star state, a record number of people are in fact hospitalized from covid. more than 9200 patients. health data show that is 515% jump since memorial day and space is getting tight. listen.

>> we have seen exponential increase in the number of cases we had of covid. the hospital has had to expand, we started first at 46 beds. we went to 58. now we're at 88 beds. even though it sounds like a lot of beds it is not enough. reporter: arizona is experiencing the same issue. according to the state's website, there are more than 3400 coronavirus patients being treated in arizona hospitals. a month ago that number was about 1200. officials say ventilator usage is also on the rise there which correlates with a spike in the number of critical care beds occupied. icu beds across the state of arizona currently about 91% full. connell? connell: all right. that is casey stegall, live from dallas. jackie. jackie: okay, online only backlash. two universities taking legal action against i.c.e. over its new policy for foreign students.

the fallout next. plus a high price to get back on the field. colleges across the u.s. bracing for a financial burden as new safety measures pose a major strain on athletic budgets. we'll talk to the team physician for tulane athletics about a path forward. a tale of two services. walmart's latest move to surpass amazon. stick around. now. just need my desk...'m gonh my chair... and my phone. only pay for what you need. ♪ liberty. liberty. liberty. liberty. ♪

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connell: here is a "fox business alert" from the world of college sports. we just recieved a new report that the ivy league is calling off, canceling all of its fall sports for this year because of covid concerns. this from a "cbs sports" reporter on twitter. that means no football in the ivy league, soccer, cross-country, whatever sport would be in the fall, they are off. the league will not entertain any kind of sports until january 1st of 2021. the i've vie league. we'll see if other conferences follow. nowth. >> the core they still want students to come here to the u.s. to take classes 100% online. the student visa, maria, your presence is required here in the u.s. that is why you get a visa. if you're taking 100% of your

classes online, your presence is not required to do that. jackie: acting homeland security chad wolf stopping to the petition from harvard and mit that i.c.e.'s new rule that international students will have to leave the united states if their online classes are completely online in the fall. here to discuss it, judge andrew napolitano, fox news senior judicial analyst. always great to see you. first question, plain and simple. is it legal? >> well, it's an area of the law that has been untested, jackie, so i don't know if what the government has done is legal. the statement made by acting secretary wolf to our colleague maria bartiromo is a true and accurate statement. the visa is granted because their physical presence is required. but we never had a situation like this where people have been here and participated in the life of a university and

suddenly that participation was terminated either by a pandemic or by the government's behavior. the lawsuit is a very interesting one. had i been the lawyer for harvard or mit i would have brought the lawsuit in behalf of the students, not in behalf of the university because it is the students who are the ones that are truly suffering. the university claims it is suing in their behalf but the federal courts have a requirement of standing. meaning the only person who can file a complaint invoke jurisdiction of a president court is a person whose ox is goard, being harmed by what the government has done. harvard and mit have been harmed by the pandemic. they have been harmed by the government. the students who were told, go home, stay home, they have been harmed by the government. they have a cause of action that is worthy of judicial review. jackie: judge, let me read you a quote from harvard explaining

this a little further. the order came down without notice. its cruelty surpassed only by its recklessness. it was purposely designed to place pressure on colleges and universities to open on campus classrooms for in person instruction this fall without concern for the safety of students, instructors and others. obviously, judge, president trump is pushing for schools to reopen in the fall. that is part of reopening the economy. so it seems here, that harvard is really sort of honing in on that saying, that the administration is putting pressure through this action. your thoughts? >> that is actually a very good argument because when you change an administrative regulation or when you invoke a new regulation that changes somebody's status, you have to give notice. you have to give 30 days notice. that is time for congress to get involved. it is time for the human beings affected by this to challenge it

or to make plans to comply with it. the trump administration didn't give any notice. this is not just to harvard or mit. you talked a few minutes ago about the whole ivy league canceling sports this fall. it would apply to all universities in the united states. none of them had any notice. so the administrative procedures act which is a federal statute that governs when and how administrative agencies like dhs can promulgate a new rule or invoke an old one requires 30 days notice, which the secretary did not give. that is a reason, a valid reason for interfering with it but still, the people suing have to be the one who are actually harmed by this, which means it ought to be one or more students as opposed to one or more universities. jackie: so there is that issue. the students should be bringing the petition forward but also at the same time, you're talking about notice, there is a third

issue here. you could argue there is a public interest in keeping international students at home. we're all social distancing, trying to stay away from each other. our businesses are not reopening to try to keep certain parts of this population very healthy. you could argue, we don't need extra people here receipt now, if in fact they can get their instruction on-line? >> i doubt the court will hear that argument. there is no question but that the president has the authority to make this decision. the question is, did he make it properly and are people harmed by it? that is what the court will examine. if you want my gut reaction? jackie: yeah. >> harvard and mit will lose. harvard and mit will lose. that is not to say they ought to lose but i think they will under the state of the law. jackie: judge napolitano, great to see you. thanks so much. connell. >> always a pleasure, jackie, interesting stuff there. thank you, judge. the calls are growing louder in

new york for the city's mayor, bill de blasio to resign, facing new demands as crime continued to spike across the city. we'll bring you the very latest on that. u.s. wine importers, could have serious implications for your wallet and etfs for any amount you choose instead of buying by the share. all with no commissions. stocks by the slice from fidelity. get your slice today. in a highly-connected lexus vehicle at the golden opportunity sales event. lease the 2020 es 350 for $359 a month for 36 months. experience amazing at your lexus dealer.

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crime numbers like this since 1996. that is a quarter after century ago. de blasio mostly blamed coronavirus, specifically the courts are not fully functioning. it was under his watch that the nypd disbanded its anti-crime nuon. the city defunded the police department close to a billion dollars. former new york city police commissioner ray kelly, was on "hannity," warning that the city could return to the bad days of the '70s and0's, if something doesn't give. listen. >> police are demoralized. retirements are at record levels. the future is quite frankly very bleak in new york, certainly for the next 18 months under a de blasio administration. reporter: today, new york congressman lee zeldin went a step further calling for the mayor's resignation. listen to this. >> i really believe he has to be removed and the city won't survive him staying in for the remainder of his term.

reporter: okay, so de blasio's term, it ends at the end of 2021. if he were to resign, connell, the city's public advocate jamani williams is next in line to succeed him. he wants to see even more police cuts. not sure if the mayor's critics want to see that happened. we reached out to both men if they have a comment about the calls for the mayor's resignation. connell? connell: we'll keep watching it. thank you. jackie: coronavirus testing could cost colleges hundreds of thousands of dollars but a new testing method might ease the financial burden. the world's largest retailer hoping that you ditch your amazon prime membership for a new service at lower cost. some major airlines resuming alcohol service on flights, with a catch. delta is offering individually packaged wine and beer to some premium customers who are flying

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which we can't control, and let's now look at our goals. in other words, we only want to take as much risk as is necessary to achieve our goals. ♪. jackie: facebook is on the hot seat. an independent audit of the company's practices slamming the social media platform for making a series of decisions, that

withwere, quote, significant setbacks for civil rights. fox news's gillian turner is in washington with the details. reporter: so, jackie, the results of this civil rights audit are a huge blow to facebook at a time when racial tensions are sparking across the united states and sources tell us that top facebook execs including mark zuckerberg himself are more eager than ever before to get in line with the national mood. now the audit was commissioned by the company but it was carried out by external auditors. they're giving facebook a failing grade when it comes to addressing bigotry, racism and online hate, writing the auditors don't believe facebook is sufficiently attuned to the depths of concern about issues of polarization and the way algorithms by facebook inadvertently fuel extreme and polarizing content. the auditors don't stop there. they slam the company's handling of the political content, writing facebook made policy,

enforcement choices that leave our election exposed to interference by the president and others who seek to use misinformation to sow confusion and suppress voting. this comes on the heels of mark zuckerberg and sheryl sandberg convening civil rights leaders for a dialogue about race. according to the participants of the meeting that was also a fail. color of change's president called the meeting, quote, a disappointment, and the anti-defamation league that the meeting yielded, quote, no changes, no timeline, no response to our specific requests. now cyber experts tell us it is unlikely any of these issues will have an impact on facebook's bottom line. the company is doing very well these days but they do say an audit like this is important because over time the pressure campaign on social media giants to take more accountability for racial content on their platforms is going to have a big change on their policies. jackie. jackie: gillian turner. thank you so much.

connell. reporter: you bet. connell: virus testing, jackie, adding a major stress threat to college athletic budgets. students are returning to campus hopefully for their fall seasons. not happening apparently with the ivy league this hour. dr. greg stuart, the team physician at tulane for the tulane department of athletics. dr. stuart, as i said there was a report out earlier in the hour the ivy league is calling off all sports, not necessarily for the reason we're about to talk about, but it is general safety concerns about covid but the testing that if you do have a fall sports programs in place gets expensive. what are you seeing at tulane and seeing at other schools? >> thanks for having me. it is getting very expensive and the testing we'll have to do is at least once a week, especially during competition and maybe even twice a week. connell: how much does that cost? to some people well, what's the

big deal now? we hear tests are more readily available and all this from government officials, we should be able to test these kids but relative to an athletic budget at a college like the one you work out, how much of a burden is that? >> so actually, it becomes a relatively significant burden because we're talking about somewhere between 60 and $120 for each test and, if you have an athletic department the size of ours, that is about 350 student athletes, plus another 150 staff members, having to go through the process and test all of them at least once a week, some of them twice a week can become very expensive. connell: are you saying then it will make more sense for other conferences -- the ivy league for many reasons is unique in the collect athletic landscape. will it make more sense for other conferences, ones like yours, that do give athletic scholarships, the rest to cut

their losses here? will it make more sense not to have at least a fall season? >> i don't know from that standpoint. i do think there is a lot of discussion. i don't know it will be a financial decision with regard to the testing, as it is more going to be just from can we control the bubble essentially? it's a whole lot easier to do it at the professional level than it es at the collegiate level especially once other students come back to campus. connell: like the nba on the professional level, they're getting everybody into disney. like you said, it is a bubble. nobody is supposed to leave. we don't know if it is going to work or not, that is the plan. other sports may be more challenging, but on the could liege i can't collegiate level,l you deal with it as the season goes on in the fall? >> they're coming back for some voluntary workouts. we're doing testing twice a week. at least here at tulane.

some schools are doing it once a week. but even as we're looking at all of that we're really trying to maintain this bubble. it becomes very difficult to do because we're dealing with 18 to 21-year-olds. connell: yeah. >> generally, what we're seeing across the country with a lot of these schools that are having issues is that it's a lack of integrity of the bubble. there is a party. there is an event. there is something that goes on that is causing the issue. and then that is even now when it is voluntary workouts over the course of the summer. once students start coming back in the middle of august, the beginning of september, it will become even more difficult. connell: what are the rules then? what are the specifically rules for athletes? no parties? you can still go to class i assume if there is in-person classes? what kind of rules? others may be more realistic than others with college kids but what rules are you actually putting in place? >> a lot of this we're talking to our student athletes even

before they come into town and come back to campus about the importance of what we're trying to do. we really are worried about their health and safety at the end of the day. it is ultimately about the health and safety of student athletes. can we get them back to practice and competition safely. so we're talking to them. we're educating them about what's going on. still the same, as everyone else. they're wearing a mask. they're doing meetings by zoom. we're doing social distancing. when they come in for treatment, they're wearing masks. our athletic trainers are wearing masks. when they're going to do weight training the strength and conditions coaches are actually warying heavier masks and even face shields in order to protect them. so we're doing a lot to really do this. making sure they understand what's at stake, if they end up violating the integrity of the bubble, they could bring us back in and really shut a program down. connell: at least at tulane as a

final question, and other schools like it what is your level of confidence there will be a fall sports season. >> i think it really kind of depends where we're going. i think across the country we're seeing an uptick in the numbers all over, as schools start, we're just now getting some of our tests back from the 4th of july. i don't know they're accurate from the 4th but, so far we're doing okay with that. as a lot of the other schools but i think when the students come back on campus, then it really does become a game-changer. i also think that with the ivy league canceling the fall, not postponing it, but canceling the fall, i think you will still see some of that fall out with the power five and group of five schools. i think there is still a lot to come with regard to fall sports. connell: yeah. we were wondering as unique as the ivy league might be, whether other conferences, power five or others would follow the lead.

we'll see. dr. stewart. thanks for coming on. jackie, back over to you. jackie: all right. fighting to the bounce-back the wine industry is taking a hit from restaurants as importers brace for higher tariffs. will consumers turn to domestic brands? we're live from a winery on long island, new york with the latest ♪ ♪

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jackie: "fox business alert." bed bath i don't know up after hours as the store reveals that it will close about 200 stores over the next two years. the company expecting actions from costs restructuring to generate future annualized savings between 250 and $300 million. you can see the stocks down more than 8%, connell. connell: something to wine about if you will. industry is feeling impact of shutdowns. more tariffs to be put in place by the ustr. kristina partsinevelos at a winery out on long island. christina. reporter: we may be turning to more wines during the pandemic.

that boost in sales doesn't mean that the industry is pandemic brief. these grapes, they do everything from growing grapes to bottling it. they have said sales dropped dramatically, because they normally sell to restaurants this is one winery out of 10,000 across the united states, clearly you can social distance here but, the industry as a whole is getting hit, i should say global alcohol consumption should fall 10%. a lot has to do with covid. focusing more on the wine industry, expecting sales to decline by $6 billion in 2020. we're already seeing consumers buy and drink less wine. connell, i know you like this fact, one of the things i found in the research, boxed wine is doing really well, sparkling wine is climbing higher but you raised one of the issues has to do with tariffs and that's a lot of the imported wine from europe could be affected. just back in october the

administration imposed 25% tariffs on european goods. now the administration is threatening to increase those tariffs to 100% over a trade dispute. we spoke to one u.s. wine importer about the effect on prices. listen in. >> this is going to have to be paid. the cost is going back to the down super eventually, whether it is through higher prices or higher acquisition costs by restaurants or retail establishments. so, eventually the consumer is going to feel the brunt. reporter: u.s. wine importers may be reeling over those added costs but it could help domestic producers as consumers might shift to local products. the vines are growing, the wine is flowing but somebody has got to buy that wine. connell? connell: interesting. all right, christina, thank you. jackie, you have more on this? jackie: here to discuss the impact on the wine industry is eric faber, cutting-edge selections chief operating officer and general manager.

eric, good to see you. kristina set the landscape, set the scene for us pretty well. your industry facing two major issues here. the first would be tariffs. that was a issue before the coronavirus. now of course consumption is down because of the pandemic. how do you think that the wine industry is going to rebound from everything that is happening and which is worse? >> well it is very difficult to say how we'll rebound at this point. obviously 2020 is a year none of us saw coming. for our industry we started a year with fight over initial tariffs levied. moving into the pandemic. no one was able to predict that. it has had drastic effect on our sales really industrywide. in terms of how we sort of rebound from this, one of the big things as things reopen, offering good price points to restaurants and retailers, these are industries, the wine industry works on pretty

notoriously slim margins as does the restaurant industry. looking to add a tariff is pretty much the last thing we need in order to get our business back on track. it is something that we're very concerned about. jackie: what are some examples of ways you can manage the cost rather than passes it straight off to consumers? buying in bulk, is that an option, working with wineries, international wineries to create better deals? it is sort of a tough time to try to create those cost savings, right? >> it is a very difficult time to do. that everybody is hurting right now based on the level of sales that we're seeing. really globally, outside, even outside the united states. we have worked with wineries really since the beginning of the tariff issue to try to lower our margins a little bit and lower their margins a little bit to try to keep the prices down for consumers but every state has its own unique set of laws when it comes to the regulation of alcohol. so as an example in ohio where we're based, we have to charge a

certain margin to retailers or restaurants by law, so that the state can get its tax revenue from that. which means if we, you know, when the wine arrives, we pay the tariff on the wine. not paid by anybody in europe, we have to pass the price increases along to the consumer. it is not necessarily the same in every state but each state has their own very unique law that make this very, very problematic. jackie: in kristina's report she talks about one of the aspects of this there may be more consumption of domestic wine. you're obviously an importer. you import wine from other countries. your thoughts how you could work or restructure your business in some way if there is a way to work with some of the domestic producers? >> we're actually a distributor as well as an importer. so we work with nearly 100 domestic wineries already. there is some small opportunity for there to be more sales there, but it would be very incorrect and look at domestic

wineries to think they can simply up production of wine, to fill the gap by wines that will become more expensive or maybe no longer available if the tariff goes through at 100%. you can't, grapes, it takes years for vines to grow to a point you can make quality wines out of them. wines from different parts of the world. even blanc from california doesn't have the same taste and profile as blanc from france or new zealand. you're limiting consumer choice by putting tariff on things. it is important to remember the tariff is being placed because of a dispute between boeing and airbus. so our industry is being shaken to its core for something we had nothing to do with. we're being thrown in the middle of something, at the worst possible time. jackie: you bring up some great points, eric. as consumers of international wine we had nothing to do with it either. connell? connell: all right.

the battle over the future of online retail is really heating up now. in fact walmart is releasing new details of the services turning out to challenge amazon prime. sew we'll get into that. plus you don't want to miss this one tomorrow. it will be huge. neil cavuto is set to be joined by the real estate icon barbara corcoran. it is america together open house virtual town hall. special appearances made by the quicken loans ceo james varner. hovnanian's ara hovnanian is coming on. if you have any questions for neil or the industry, send a video of yourself to fox business at facebook or instagram. turn the phone horizontal if you want it to look good on tv. or email us, investedinyou@foxbusiness.com. tomorrow 1:00 p.m. eastern here on fox business. we'll be right back. in addition to the substitute teaching. i honestly feel that that's my calling--

to give back to younger people. i think most adults will start realizing that they don't recall things as quickly as they used to or they don't remember things as vividly as they once did. i've been taking prevagen for about three years now. people say to me periodically, "man, you've got a memory like an elephant." it's really, really helped me tremendously. prevagen. healthier brain. better life. i'm an associate here at amazon. step onto the blue line, sir. this device is giving us an accurate temperature check. you're good to go. i have to take care of my coworkers. that's how i am. i have a son, and he said, "one day i'm gonna be like you, i'm gonna help people." you're good to go, ma'am. i hope so. this is my passion. if i can take of everyone who is sick out there, i would do it in a heartbeat.

jack jack fox business alert, the u.s. deficit totaling $2.7 trillion from october through june according to the congressional budget office adding that spending tripled in june. connell: walmart taking on amazon with its own subscription service which is supposed to challenge amazon prime, and jeff flock at the planned amazon store in schomburg, illinois, with the details. >> reporter: you know, combined the market cap for amazon and walmart, you almost got to the $2.7 trillion. that's just a side issue. i am at the what is to be the amazon grocery store back there. it's kind of nondescript because it's not open for another couple months, but the parking lot's ready, all that sort of thing. they're sort of getting into walmart's space which is bricks and mortar. that, by the way, is made of brick and mortar, that building. and so the folks atwal a mart say, you know what? we're going to get into your

pace. that would be that, you know, amazon prime thing. we're going to call it walmart plus, and for $98 a year, you're going to get same-day delivery, you get something you don't get in prime, which is a gas discount because walmart sells gas. you don't get video which you do get on prime for a little bit more, $119 a year as a membership for amazon prime. there are 150 million amazon prime members, by the way and, of course, walmart hoping to take and cut into some of that. they do, by the way, in addition to giving the express delivery, provide the video. walmart, if you look at e-sales, has done well the past month, up 74%, but that online marketplace when you look at who's got the most sales, amazon. 39% of the market, walmart just 5.3% of the market. and i leave you with this one: stores, this is one that's going to be added for amazon, but

walmart has 4,753 stores, connell. that's a lot of stores. connell: that's a lot of stores. jeff flock in illinois. jackie and i will see you tomorrow. it is "lou dobbs tonight" that starts right now. ♪ ♪ lou: good evening, everybody. carnage in our streets, and the radical left rages on against america and americans. in the first six months of this year, murders in the united states have increased more than 20% if last year. from last year. the murder rate in some of our nation's largest cities has risen multiples of the national rate. democrat city governments seem to be not only appeasing anarchists and the left activists, but permitting runaway street violence. murders in cincinnati up 77%. denver is, 48%. minneapolis, 47%. louisville, 45