tv Varney Company FOX Business September 18, 2020 9:00am-12:00pm EDT
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air force. [laughter] >> way to go. >> bravo. maria: thanks, everybody. we'll see you soon. we've got a market that has turned direction and actually is trading up right now. we're looking at a gain on the dow industrials as well. in about 30 minutes' time, opening bell will sound. "varney & company" begins now. stu, take it away. stuart: good morning, everyone. it's friday. now, the government has told tiktok, get out of here. as of sunday. this is not just another incremental move in a long-running saga, far from it. america will block downloads of wechat, but think of the timing. there's 48 hours til the download block takes effect, that means 48 hours, perhaps, to negotiate. u.s.-china relations, trump's negotiating muscle, they're all involved. we're going to cut through the weeds for you, we're going to offer you some claire i think, or at least susan is. here are the stocks, oracle, walmart, microsoft. looks like investors are trying
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hard to digest the news. we'll cut right at it, give you the details in a moment. overall, the market lacks real direction. the dow's going to be up maybe 15, s&p up 10. nice gain for the nasdaq though, all green at this point. politics -- [laughter] can you say softballs? one after another, they were lobbed towards joe biden at the cnn town hall last night. not very good preparation for the first presidential debate which is, by the way, 11 days away. the standout for me came when biden suggested that if the president had acted sooner on the virus, all those people would not have died. so the president killed 190,000 people? not a word of pushback from the moderator, cnn's moderator. today biden goes to minnesota, an opportunity for him to clarify his position on urban rioting and defunding the police after the minneapolis disturbances. and get this, the president will also be in minnesota today. you can bet he'll brung up law
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and order -- bring up law and order. mr. trump's press secretary, cawly mcenany, she joins us later, and so too does herschel walker. and, yes, it's friday feedback in the 11:00 hour. "varney & company" is about to begin. ♪ ♪ >> do you believe russia's an enemy? >> i believe russia is an opponent. >> do you view china as an opponent? the president says you've been too cozy with china, too senting of -- too accepting of them. >> excuse me. i'd like to finish. >> i'm running as a democrat. but i'm going to be everyone's president. i'm not going to be a democratic president. he's done every single thing including having a postmaster general who still doesn't know
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who dismantled those machines, who ordered to pick up those, those places to mail your ballots. stuart: that was just some of the cnn town hall with joe biden last night. a lot of people are slamming the network, cnn, for what they describe as the softball questions to biden. you have you have a lot more -- you'll see the softballs a bit later in the show. let's get to tiktok. susan l are i is here -- susan li is here, she's going to cut through all this stunt president trump's going to ban downloads of -- >> wechat -- stuart: but not tiktok. >> on sunday, september 20th. you can still use tiktok, and we had commerce secretary wilbur ross very, very clear on this this morning, if you can play the sound bite. >> not doing the same thing to
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tiktok as to wechat. wechat u.s., for all practical purposes, will be shut down. as to tiktok, it just upgrades maintenance, things like that, that would be shut down at this stage. the real shutdown would come after november 12th in the event that there is not another transaction. stuart: okay. i caught that. the real shutdown comes after november the 15th. >> november 12th, yeah. i don't know where that date came from, because most people thought it would be september 20th that they had to get in this deal through and then 90 days to actually implement and get through all the technology and increase baselines in terms of how this all works. but now november 12th, it seems like an externalled daut. stuart: -- extended date. stuart: so you've got time to negotiate. whatever, bring in other parties. >> yes. stuart: so it's not a done deal yet. >> yes.
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stuart: okay. tell me about wechat. who uses it? >> one of the largest technology companies in the world, and they make wechat which is equivalent to the facebook and i would say the paypal of china. so you have to have wechat in order to live life in china. you pay with it, you communicate with it, it does everything. and also businesses here use it to communicate to their teams in china, people who are, you know, chinese-americans often communicate to their relatives in china as well. around 19 million americans actually use wechat. but here's the good news, you know, some people were concerned it was going to be an outright global ban meaning you couldn't get it outside of the u.s. and google's play store. that is not the case. it's only banned right here in the u.s. which is not great, but it's better than a global ban. stuart: and i could still use tiktok if i so desired. >> which i'm sure you do -- stuart: that's a very important
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detail. >> and, by the way, we still have this fluid situation as you heard from president trump, oracle, walmart, see how that plays out this weekend. stuart: you'll have to work hard. [laughter] breaking this morning, as of now, matter of fact, the white house is announcing a $12 billion aid package for puerto rico's energy and education systems. this is to help with lingering problems left over from hurricane maria which was three years ago. they get the money, $12 billion. president trump optimistic that a virus vaccine will be ready by october, said it several times. dr. mark siegel is with us. will we have a vaccine that's safe, tested and distributed to some degree by the edge of next month as the -- end of next month as the president says? >> stuart, i hope you don't mind if i give you a nuanced answer. here it is. the fda is having an advisory committee meeting on october 22nd. what are i they going to
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discuss? emerging vaccines. what has the ceo of pfizer and biontech, they've said they're going to have the data available i by the end of october. what i don't know yet is what the day that will show. nobody knows that. nobody knows what the results will show. but i'll tell you one thing, i'll tell you two bits of really good news. one, everyone out there, with all these clinical trials going on, there's been literally one case that we've heard about where somebody potentially had a problem, and that was with the astrazeneca product. we don't even know if it was educated. we've heard -- connected. we've heard nothing out of the pfizer or moderna vaccines that are in clinical trials. that's really good news. number two, we knew the pfizer vaccine had a robust immune response. fda will be meeting about this, and here's the most important thing, stuart. i'm a health care worker, i'm on the front lines. if you're there taking care of covid patients, you might opt for a vaccine as it's first
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rolling off the assembly line because you might saw say the risk of the virus is so much greater than the risk of the vaccine. i spoke to dr. hahn, head of fda, yesterday but he completely agreed with that, health care workers at the front of the line and those in high risk groups. so end of october, early november is a possibility for certain i high risk groups. stuart: okay. we'll leaf it at that. thank you -- leave it at that. thank you very much, indeed. let's brung in brian bell sky on this. goldman sachs is saying, look, the market goes up before the end of the year on vaccine optimism. do you think that the vaccine rules this market at this point? >> well, good morning, stu. i mean, our models continue to say that the s&p 500 is going to close at 3850 over the next 12 months and 3650 at year end. so a rising tide's going to
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carry all ships. i don't think we necessarily need the vaccine to do that, i think the fundamental conditions of the market economy are going to drive us that withdraw, but clearly a vaccine would be very positive. stuart: okay. the big tech selloff, we have seen it -- this week, as a matter of fact. pleasure and i'm going to call it a dip, big tech dip. yo you buying -- are you buying this big tech dip? >> absolutely, and we have been. i think there's an i emerging tech revolution that that's part of the second half of our 20-year bull market call that i think began on march 23rd. i think tech is the most important sector in the world, and we have the best tech companies in the world, and we're seeing new emerging leaders. it's not just all about apple or microsoft, it's about invidia and paypal and adobe and salesforbes all these great companies -- salesforce, all these great companies. salesforce just became a member of the dow. i think tech move is not over, and i believe the bears, stu,
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lack imagination. that's why we put out this piece called unimaginative tech bearishness. this is not '99, 2000, the tech sector dramatically different on a fundamental basis. so we would urge investors not to rush to judgment and be so shortsighted. stuart: there you have it. a friday morning, we start the show with optimism on a vaccine, optimism for a big tech bounceback. and look at this, i'm going to show you sumo, the cloud management software company. it went public yesterday. it climbed 22% on its first day of trading. susan -- down a fraction this morning. tell me about unity. what to they do -- >> so they make, they help make 3-d video games, and a high tide lifts all boats, so we know that unity is pricing their shares at $52 apiece, that's higher than the initial price range, and this is because of the ipo mania we've seen this week with snowflake up 112% on its first day. people are expecting, look, this
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is an enterprise software game as well. software, it works well with snowflake and, of course, unity is part of that whole high tide. stuart: and unity is out today. >> correct. stuart: all right. we're going to show you snowflake because, lauren, they did real well on their day one, but they've had some, a little -- they've been struggling since. tell me more about that. >> yeah. so they lost 10% on day two, stuart, but they still closed more than $100 above their ipo price. so starting to come down to earth? i'm going to go with not really because investors are totally enamored by fomo and tina. they look at snowflake, they see an average 140% annual growth rate other the past four quarters, and they want that. i want to show you this, because this is how strong the ipo market and that craving for a return is really is this year. this is an etf, it's up 59% on
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the year. also what snowflake has done, and you're seeing that with some of the other issues, they paved the way for 500 other unicorns, $1 is billion valuations, to go public. so they're really making investors feel a little bit welcome. the critique is as other companies go public, they may not do the traditional ipo route because it's criticized as underpricing the stock. stuart: yep. when i see snowflake go out at 120 and this morning it's priced at 234, it's not exactly struggling, and that's a fact. it's doing well today. now to walmart. hey, ashley, a big pay raise for, what is it, 165,000 employees? tell me more. >> yes, indeed. the wage hike will start next month. it will take the place of regular quarterly bonuses and will become part of the base pay going forward providing predictability, says the company. walmart says it's revamping its
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leadership roles in the stores. the pay increases will affect about 11% of u.s. employees and comes as the company focuses more on digital sales. it wants to reward and retain its more skilled workers. the new wages range from $18-21 an hour for team leader roles, could go up to $30 an hour in the supercenters. starting wages for bakery and deli employees will increases to $15 an hour from $11 while pay is being raised by about a dollar an hour for many of the auto center employees. walmart is also introducing team-based operating models at its supercenters similar to ones used at sam's club are. so a pay raise. stuart: i guess they'll take it. all right, ash, thank you very much. look at futures. we have turned around. a half hour ago we were in the red, now we're in the green. up 36 on the dow, 74 up on the nasdaq. now this: after months of
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refusing to condemn the rioters and looters, speaker pelosi is finally changing her tune. watch this. >> we support peaceful demonstration. that does not include looting, starting fires or rioting. those are -- they should be prosecuted. that is lawlessness. stuart: okay. is she only saying that now because the polls show that voters do not support the chaos? good question to ask, we're on it. there were stark differences between president trump's town hall with abc this week and joe biden's town hall with cnn last night. we'll show you those differences. ♪ ♪ when i was in high school,
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♪ ♪ >> why do you throw vulnerable people like me under the bus? >> if you were president, could you see a scenario where you downplayed critical information so as not to cause panic? >> do you think it's okay to be dishonest? >> how are you preparing for the debate? >> how do you stop blacks killing whites at three times the level? stuart: whoa. can you tell the difference there between questions to president trump and questions to joe biden? i mean, that's a stark contrast, surely. tim rood is with us, 2020 campaign director for the trump campaign. have at it. what did you make of the biden performance last night in the town hall? >> it's pretty amazing, the difference in tone of questions, the topic of the questions, and
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all the time they ask joe biden, every question is practically an invitation to just insult the president. but we note that no one asked joe biden about his $4 trillion plan to raise taxes on more than 80% of americans, no one asked him i why he was opposed to the president's travel restrictions on china which everyone agrees saved thousands of lives. and still to this day, after six months of doing nothing but create sizing the president on coronavirus, joe biden is still unable to say one thing that he would do differently. and then, stuart, we finally get to his answer on fracking, and biden's position seems to be that he wants to keep it alive long enough to kill it, which to us sounds an awful lot like governor northam's abortion position in virginia. stuart: okay. we're 11 days to the first debate moderated by chris wallace from fox. now just 11 days away. i want to know how the president
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is preparing for it. a lot of people think he doesn't prepare, he just wades right in as he does every day, but does he have a mock questions and mock panel of moderators, that kind of thing, mock questioners? does he do that? >> i don't know of any actual mock sessions that have happened yet, but i know that the president prepares for the debate pretty much every day of the week by being president. just look what he did in the town hall as we just noted. the questions were very aggressive and negative-slanted towards the president as controlled by abc, of course. and every day when he goes into the white house press room and does battle with the press corps, that's a pretty vigorous workout. so the president will be ready and so will joe biden, by the way. we want to point out that joe biden has been a washington politician for 47 years. he debated very, very well twice when he was running for vice president. he came through about a dozen debates during the democrat primaries, and he managed to beat about two dozen of his opponents, so joe biden knows his way around the debate stage.
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he's going to be ready for it, and we anticipate that he'll be very good and so will the president -- stuart: really? that's interesting, you estimate and expect hum to be very good. >> sure. stuart: a roth of people think -- a lot of people think he's not going to perform very well, it's a very low bar if for him to jump over. >> people have to remember what joe biden has been for almost his entire adult life, he's been a washington politician for 47 years. he's spent decades in the u.s. senate where all they do is debate. he did very well in the vp debates when he ran for that office twice and about a dozen times on the debate stage in the democrat primaries, and by all accounts he did very well and managed to come out on top. so he knows what he's doing, and biden is able to turn it on when the lights come on. we saw that last night, he's able to put on a performance, and that's the joe biden that we expect to see on i debate night, for sure. stuart: okay. you're raising the bar and expectations, that's what you're doing, but i don't blame you.
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>> that's who he is, stuart. stuart: okay. thanks for joining us, tim. i'm sure or we'll be seeing a lot of you in the next 46 days. >> thank you very much. stuart: we are going up at the opening bell. not a huge, strong gain, but the nasdaq's going to be up 50 points. that means the tech stocks are doing well. let's take you to times square, shall we? how are they doing this morning? no tourists. still almost deserted. ♪ ♪ incomparable design makes it beautiful. state-of-the-art technology makes it brilliant. the visionary lexus nx. lease the 2020 nx 300 for $339 a month for 36 months. experience amazing at your lexus dealer.
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stuart: a new report, twitter's public policy director leaving his position at twitter to join a presidential campaign. [laughter] >> well, i think you see it on your screen. so, yeah, he's joining joe biden's transition team. he might be getting ahead of himself here. but, look, carlos actually helped host a fundraiser for the democratic nominee, he served on biden's infrastructure and policy committee although it's unclear what his role will be when it comes to this transition team. twitter has another executive part of the harris/biden ticket,
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kamala's press secretary is also a former top communications directser. -- director. there's debate about whether they favor the democratic campaign -- stuart: no debate. >> mark zuckerberg and facebook are trying to -- stuart: i don't take my views from bloomberg, period. >> fair enough. stuart: they're biased. move on. facebook is reportedly censoring a pro-trump ad. watch the clip, you decide. >> -- your taxes are going to be raised, not cut. >> and it's true. "the new york times" says biden's tax increases are more than double hillary clinton's plan. stuart: lauren, sort it all out for us. go. >> so folks in wisconsin and north carolina saw that ad saying a president biden would raise taxes on all americans. and the mostly left-leaning fact
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checkers said it's true, but it doesn't provide enough context. here's their con tech. context. while everyone's taxes will go up, only a small amount for the muddle class, much more for the rush. so they made their discussion to slap that ad with a mostly false label because it didn't fit their narrative. it didn't have con detective. stuart: don't tell me there's no bias in these social media platforms. nonsense. i know exactly where they're coming from. all right. calm down, stu, it's friday after all. the time is approaching 9:30, and you know what happens then, we start trading. looks like we are going to go up at the opening bell. not a whole lot. nice gain probably for the big techs on the nasdaq. we're going to have to deal with this tiktok news. i've got to try and find the right sentence to describe the tiktok news. tiktok is okay til sunday night,
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you can still use it, and you can use it after sunday night. but if you want to download it on monday morning, you don't have it now, you can't. and as for wechat, they're gone. they are absolutely gone. all right, it is 9:30 -- >> you got that. stuart: -- rather well. does that meet with your approval? >> very good. stuart: all right. we're off, we're running, down ever so slightly for the dow industrials. we'll see you the 30 dow stocks. there you go. most of them are in the red, and we have actually opened later. i thought we'd -- opened lower. i thought we'd be up, but we're down just a fraction, 20 points. the s&p 500, where is that? that is up a tiny, tuneny fraction. show me the nasdaq. not bad. 65 points i higher, that's .6%. i'm guessing that technology is moving up this morning. i'm going to show you sumo logic. this is their second day of trading. they're up 22% yesterday, pulling back just 3% -- 1%
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today. snowflake had a fabulous wednesday, and they pulled back yesterday and now coming back on the upside. so snowflake is up $4, 231 on snowflake. big tech, gotta check 'em, here they are. i see a sea of green. microsoft is actually down a tiny, tiny fraction. facebook, amazon, apple up. tesla, where are they this morning? up or down? well, they're up. and i understand that webbush, new price target, what is it? >> 475 on strong production and demand coming from china. also another catalyst will be battery day, shareholder day on tuesday. and deutsche bank and credit suisse raising their price target to $400 apiece, both are very bullish on tesla's leading battery technology, credit suisse it could be ash -- a $1 is 00 billion -- 100 billion
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company on its own. could get up to $630 for the stock if everything goes right. stuart: what does he he announce on battery day? what's he got? he's hyping a -- >> yeah, very exciting things to come. so, yeah, he sets a high bar. let's see if he crosses it and reaches that hurdle. stuart: stock's up. who would have thought? how about google? this is a minor league story. they're getting a tax break to build in nevada? >> you have to give to get -- [laughter] and how many of these companies on the planet can give you $600 million investment in the state? north dakota is giving them $25 million in return for building a data center in nevada and another $600 million to somewhere in tahoe. it's like $1.2 billion for $25 million in tax abatements? that's a deal for nevada. stuart: that is a deal. and google will take it, for
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sure. mcdonald's rolling out their new travis scott meal. it attracted hundreds of fan toss a california school. heath a rapper, lauren. what happened? -- he's a rapper. >> yes. he made an impromptu visit to a california mcdonald's just to kick off the launch of his signature travis scott meal there. fans flocked in crowds, 500 people at some point. so the police had to be called in. they find both mcdonald's and travis -- fined both mcdonald's and travis scott $100. and that celebrity meal has been a home run for mcdonald's. look at the demand, the crowds that it's draw. the stock hit a record high, so i foresee more celebrity promotions at mcdonald's in the future. stuart: well, i shall be at a wenty's later on -- wendy's later on today, this you go. [laughter] >>ty like the baconator, by the
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way. stuart: it's good. i'm telling you. grocery stores, arcly, we're spending a whole lot more at the grocery store is? tell me about it. >> we are, indeed. in a nutshell, americans are shopping less but, as you say, stu, spending more. customer spending at grocery stores jumped 6% from $310 to $330 per month on average. but interestingly, actual supermarket visits dropped nearly 11% compared to a year ago. so the data shows that shop earth made more trips than average in march, we remember that at the height of the pandemic to stock opportunity on food and supplies, and then we saw a dramatic drop as orders placed if home. nearly 80% of americans ordered groceries online during the coronavirus pandemic. taking a looked at last month, for instance, consumers spent the most money on face masks and
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home health testing kits. liquid hand soap up 224%, disinfectant cleaners, if you can find 'em, up 212%. meats, by the way, also up 121% according to kathleen that data. interesting. institute yeah. i understand all about the hand sanitizing, but meat up 120%? of course, with the restaurants closed, of course that's what you often have at a restaurant. ashley, good stuff, thank you. quick check of the big board, we are five minutes into the session, virtually no movement. we're down, what, 11 points on the dow. the 10-year treasury this morning, again, not much movement in yield, .67%. the price of gold, again, not much movement, up $7 at 1957. bitcoin, haven't checked it for a while. it is at $10,990, up $40 a coin today. and oil, it's hit $41 a barrel. interesting. this past week it's gone from
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about $36, 37 to $41 a barrel. next, airline chiefs, they met with the president at the white house yesterday. ashley, dud they come away with anything? -- did they come away with thinking in. >> well, they hope so, but nothing tangible. the white house hoping the airlines receive another $25 billion to prevent between 30-50,000 job losses. the airlines, by the way, have said that number could actually top 70,000. the trump administration says it is the open to a stand-alone coronavirus stimulus bill that would provide additional emergency aid to the u.s. airlines. now, airline executives including those from american, delta and southwest met yesterday with white house chief of staff mark meadows. they want an extension of that payroll support program that runs out at the end of this month. both republicans and democrats say they support more help for the airlines, but there is, as we know, an impasse in congress
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over what to include in another overall aid package. by the way, the trump administration had said it would consider some sort of executive action to prevent further furloughs in the airline industry, but it's pretty unclear what that would entail. meanwhile, the clock is ticking. stuart: well, if the taxpayer bails out the airlines, does the taxpayer get a piece of the airline stock or piece of the company? >> that's a good question. stoort tawrt that's the debate going on here. all right, we're seven minutes in. the market's come down a bit, we're off 55 points. what else is coming up for you today? yes, it is friday, that means friday feedback. that'll be in the 11:00 hour this morning. you know, you never know what may happen, and you never know whether you are going to be on tv. according to a new poll, support for black lives matter has droppedded 12 points since the summer. former nfl star herschel walker here with that story. new jersey's wealthiest,
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well, they're going to get hit with governor more few's millionaire -- murphy's millionaire tax. does he not expect that the rich will leave new jersey just like they leave new york city? you know, you could be seeing here a garden state exodus. more "varney" after this. ♪ ♪ that's what my dad does. good job, michael! ok, lindsey now tell the class what your mommy does... my mom has super powers. it's like she can see the future. what?! it's like she time travels in a rocket ship. that's cool! and then she comes back saying "try this" or "try that." she helps everyone. she helps them feel less worried.
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♪ stuart: if you're just joining us this friday morning, the news is a modest loss for the dow industrials, a modest gain for the nasdaq. there you have it. anthony chan is with us. all right, anthony -- >> hi, stuart. stuart: greetings. you get a lot of talk about the strength of the economic recovery. you think it's a really strong recovery, and you've got a bold forecast that in the third quarter we go up 27% compared to the second quarter. tell me all about that, because
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that's a bold forecast. >> that's a bold forecast, stuart, but it certainly is a realistic one. all the indications we have is that the we saw in the first two monthses of the third quarter the economy was booming, obviously led by the manufacturing sector. the service sector is still a little weak. but again, with the growing prospects that we're making continued progress with respect to fighting this pandemic, i think we can pull it off and get a 27% growth rate. i think in the fourth quarter is where things slow down a little bit, but i think policymakers certainly have the option of providing more stimulus, and if they do, you'll have another positive but much softer growth rate in the fourth quarter. stuart: you think we get this whopping, great big 27 percent jump in the economy in the third quarter even without any more stimulus? >> yes. because the third quarter's already baked in. this stimulus is really going to determine the fourth quarter. but for now, everything that the
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federal government and the federal reserve has done has actually contributed to that very robust growth in the third quarter. and great cue -- kudos to the federal reserve and certainly to the federal government for generating that bounceback from the 31.7% decline that we saw in the second quarter. stuart: now, they are still talking about some kind of stimulus, and if we get it, it would be north of a trillion dollars. would north of a trillion dollar stimulus plan really boost your forecast for the fourth quarter? >> yes, or it will. if we get no stimulus, i'm looking for something closer to 1% growth of real gdp in the fourth quarter, but if we get the stimulus, i'm looking for 4% growth in the fourth quarter which will mean that for the year as a whole we can continue to grow jobs even though the number of jobs being created is slowing down from what we saw in the last couple of months. it's still going to continue to grow, and the unemployment rate's going to come down,
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that's going to build confidence. and then if we get some good news on the vaccine, it gets even more exciting, stuart. stuart: okay. what about the big population states? i'm talking new york and california in particular, to some degree new jersey. they've not fully opened up their economies at this point. if they did, if there was a real opening up, california, new york, new jersey in the next, say, a month or six weeks, would that make a difference to your fourth quarter forecast? >> oh, absolutely, stuart. if we start to see that opening up, we start to see consumers becoming more confident. but you also have to keep in mind, stuart, that you also need to see progress on the vaccine. we need to continue to see less infections and, of course, less hospitalizations. they give people the confidence to start reentering the service sector because all along the housing sector is doing good, the manufacturing sector is doing good, but the service sector is still lagging, and
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that would come from confidence and progress on the vaccine which, by the way, most people -- even our medical experts -- are telling us is going to happen. the question is how fast is it going to happen, but it is going to happen. stuart: it is going to happen. got it. anthony chan, always a pleasure. see you again soon, thank you. >> my pleasure. stuart: next case, the investment firm blackrock says they may never bring back all their workers to their offices. why, lauren? >> i kind of want to say duh to this story. of course not. the new norm means not even's going back ever. blackrock says they see about 60-70% coming back on a rotational basis with not even every day. and they also saw i what happened to goldman sachs, jpmorgan and barclays. as they tried to refill their trading floors, setback of covid cases. the ceo doesn't really like this idea of people working if home even though it's inevitable.
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he says it kills company culture. how do you create that enthusiasm and culture when not everyone's there all the time? still, 100% will never be back in all the time, and some will never see their offices again. stuart: and they used that word never. that's interesting. rather dramatic, i'd say. all right. all right, lauren, next one. stripe, that is a payment processing company. they are paying people to move out of the office and stay out. what's the catch, ashley? >> well, or okay. the catch is you have to take a 10% cut in pay, but you do get $20,000 to make the move. that brings up an interesting choice, does it not? the pandemic, of course, has forced companies like payment processer stripe to think outside the box given the rise of people working remotely from all over the world. there's now a movement in the work force to minimize office space while maximizing
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productivity and managing to stay financially solvent. facebook ceo mark zuckerberg reportedly said his employees will continue to work remotely because he says it's become the way of the future. but zuckerberg added that if workers were to basically flee to lower cost areas, they would have to disclose it to the company and could see their paychecks docked to reflect the change. i'm not so sure about that. stuart: but you could -- >> still working for the company, but if you're in a cheaper area, they may give you a pay cut. stuart: yeah. it's almost inevitable, isn't it? if you've got a choice, if you can work wherever you like, you're inevitably probably, i think, going to go to someplace much cheaper than where you are in northern california, ill just imagine that. i would just imagine that. i would, ash finish. >> i'm right there with you. [laughter] stuart: all right, ashley. how much worse does the violence have to get before it costs joe
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biden the election? good question. dan henninger is calling it democrat madness. he's going to make his case next hour, he is on the show. rent the runway making some big changes on how they do business. the pandemic has changed clothing friends. we are on it. all right, let's take you back to a deserted new york city. that is sixth avenue on a a friday morning almost 10:00 eastern time, and i'm going to use that word again, it is almost can deserted. ♪ ♪ ♪ limu emu & doug you know limu, after all these years it's the ones that got away that haunt me the most. [ squawks ] 'cause you're not like everybody else. that's why liberty mutual customizes your car insurance, so you only pay for what you need. what? oh, i said... uh, this is my floor.
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♪ ♪ stuart: hey, we've headed south all across the board. we're down 120 on the dow, down 111 on the nasdaq. right now let's report it, red across the board. rent the runway, that is a global rent clothing rental service, as i'm sure you know. they're getting rid of their unlimited rental option. kirsten bense is with us. you're our retail analyst of the day, if not the month and the year, you are. why are they getting rid of this unlimited rental option? why? >> well, stuart, apparel sales are down about 20%. so we really don't need to buy
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all those new items in our closet. we might need to dress up a little bit for that zoom call here and there, so you don't need, you know, 20 items a month. we're going to reduce that a little bit. stuart: and, but wouldn't it be difficult? i mean, if i they send you all these items, however many it is, then you send them back, don't they have to do a deep cleaning and dry clean and all the rest of it before they can send it out to somebody else? that's not a very good business model in a pandemic, is it? >> one would hope. we don't really know what the effects are with covid on apparel and textiles and all of that. so, yes, one would hope they are deep cleaned before they make it to your closet at home. stuart: i think we're buying differently, i don't see people buying formal clothes any longer. i mean, how many guys' suits and ties are being sold? we've changed what we're buying,
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aren't we? >> that's the interesting thing about covid-19, it's truly changed consumer behavior forever. and if we look at the fate of brooks brothers, that begs the question, right? do we need more institute suits, more ties, more gucci loafers. but an interesting caveat with rent the runway is they started seeing women purchasing more formal wear. so if she's going out to weddings and events like that, that might be a leading indicator. stuart: amazon going into the luxury store business with its partnership with oscar de la renta. that's a hit on the department stores, surely. >> right now everything is a hit on the department stores, stuart. [laughter] it's actually a luxury disrupter, but it is a head scratcher that they led with oscar, which is an old school heritage luxury brand, and their core consumer doesn't even know what amazon is. so uma little leer -- i'm a little leery on that front.
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stuart: nicely put. a little leery on that front. well, you're all right. you can say what you've got to say in a short period of time. >> part of my charm. [laughter] stuart: yes, it is. thank you, kristin. you will be back, got it. [laughter] did anybody see cnn's town hall with joe biden? ah, okay. 16 questions, 13 of them were from democrats. i'll go at that in my takes which is coming up. still ahead, fox news contributor tammy bruce, white house press secretary kayleigh mcenany and former nfl star herschel walker, all on the show this friday morning. ♪ ♪ introducing stocks by the slice from fidelity. now you can trade stocks 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.
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coverage, resources and care. so you can keep pursuing the life you love. aetna medicare solutions. care, all around you. stuart: if you are just joining you are looking at red ink for the dow, down five, the nasdaq is up six points, 10900, but the big tech, earlier they were up now mostly down, apple is at one 09, amazon right at $3000 a share and facebook to $57 and microsoft getting close $200 per share level again. were gonna take a look at the new ipo listings for the week, we start with sumo, they were up 22% yesterday, first day of trading, they come back a tiny bit, snowflake had a terrific day wednesday it went up 111%,
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they are down but still to 25 on snowflake, the ipo came out at 120, they are doing well. it is ten 01 a.m. almost and we have the latest consumer sentiment read and ashley has a number. ashley: it is better than expected, 78.9. the estimate was 75, it's up from 74.1 in august, july was 72.5, you can see the trend is up although it still remain in the same subdued range for the last five months but better-than-expected and moving on up. the economic outlook of the survey has actually picked up we believe are gonna turn it around, the question is when and how strongly. stuart: the eternal question, the market has come back a tiny bit on that. were down 80 points for the dow, happening right now, he is
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speaking on virus recovery, he is more like a fireside chat on the virus and distancing, he's going to be taking questions, if he makes any headlines we will bring them to you. now this 40 years ago, cnn became the first all-new 24/7 nation wide network, i was there and so was my colleague lou dobbs, back then we played it straight, just get the news on the air. last night we saw how things have changed, cnn held a town hall with joe biden and they did anything but play it straight. cnn wants biden to be the next president and it was obvious. softball questions, one after another, 16 questions in total, 13 of them from democrats. watch this. >> when you get the proper messaging out to all americans to keep them informed as to how to properly protect themselves.
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>> i look up to you and as a middle-class healthcare worker, do you have any plans to stand up for us healthcare workers. >> how will you handles russia's involvement with trump. >> i married a philly girl. >> philly girls are the best. stuart: no fact truc checking fm moderator anderson cooper even when biden said the president acted sooner on the virus all the people would still be alive. joe just accused trump of killing 190,000 americans, no pushback at all, friendly questions, friendly moderator, friendly orders, what a contrast with president trump's town hall with abc earlier this week, hostile questions, hostile audience, sharp edge questions from the moderator, biden's performance last night will not help his campaign. i don't think so. he repeated his national mask mandate and said he would find
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massless people if they appeared on federal property. do voters want a hard line on mask when he skirts the hard issues of urban violence and defunding the police, his campaign puts him in a friendly soft environment to protect him but if the staging is so obvious and it was, it does not work, he is not protected, his weaknesses are exposed, he does not look prepared for the first debate in cnn instead of helping him has made him look weak, that is my opinion. let's bring in tammy bruce, fox news contributor. did you see the town hall last night. >> i did, their segments of the american people see and your point is exactly correct, the campaigns are supposed to be test, americans look to these candidates based on a variety of environments and how they perform, when we see someone being coddled, we would worry
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and we do worry, the thing that has made president trump an extremely strong president, he is delivering most people expected, he does come from new york, it was pre-the campaign whinnies always dealing with bad people in the city in the country, having to communicate properly, facing difficult questions et cetera, that is part of what the president has prepared for, if you cannot handle hard questions from your loyal opposition or the american people, how are you going to handle the rest of the world and bad guys were going to lie to constantly and constantly try to take advantage, they have not been able to do it with president trump and i think that is important because he expects to face hostility and that has helped him, what happened last night, i do think it not only does it help joe biden but injures him. stuart: can you sort this out for me, biden called russia an opponent and he called china a competitor, what is with that?
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>> we have seen historically, not just joe biden but the system as a whole, china was never looked at as being a problem and now we see it as being one, it was a global new governance in the chinese market, the chinese money, the ability, they don't have the american constitution and their people are not free, it's a chinese communist party and it's amazing what you can get done and how you can manipulate things when there is no oversight and no one to answer to and when the people have no voice, i think that's very appealing to an establishment that sees their own citizens in many countries including democrats and leftist here in america who don't take their own citizens really seriously and view themselves as masters of the universe, i think that is clearly signaling to china and the entire establishment here that things will go back to what
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they were, we've gone through too much to go back to the past and that is the message, going back to the past is fundamental, forget about going toward the future and inherit american freedom for the entire world, the middle east we've seen it, the middle east has ignored the middle east peace process and the success the president had because it eliminates the contentiousness and the potential of world war, it creates more freedom, it is a horrible dynamic but coddling china is something joe biden has always done, the system has always done it and that is part of the choice that we have when it comes to personal freedom versus global government who want to control the american people. stuart: 11 days to a real debate, thank you for joining us, see you again later. i'm going to run through some stocks that i want to check up on today, i'm going to start with tesla, they have a nice
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price target boost for the people at piper sandler, they think the stock is going to go to $515 a share, they are still keeping their overweight position on the stock and obviously they like it in the stock is up 5% this morning, that is tesla for you, here is google, they have received a $25 million worth of tax breaks from the state of nevada, they're going to build a new data center there which is going to cost one point to billion. susan: to new centers in nevada which cost $1.3 billion. stuart: there putting that in and only getting it $25 million tax break. susan: nevada wins. stuart: the stock is up $6. 14.93. apple is actually down, amazon, facebook and the rest of them, we will show you, mixed bag on the big tech, most of them are up actually. look who is here jonathan hoen hoenig. >> i look forward too, it's
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friday morning. >> good morning to you interviewers. >> you don't care much about big tech, i don't think you follow it that much but we have a dip, speak to our viewers for second, would you recommend buying the big tech dip right now? >> i don't think you should buy dips, you never know is it a dip or the beginning of a bear market. for me as an investor i been doing this for more than 20 years, stocks are like sushi, you do not want to bargain and you often think it's a bargain but especially at times like now a short-term momentum at the market is lower, the 20 day high for example is two times as many lows and highs, the market ultimately moves and transits not sporadic and you can have a sense of what the weather is going to be like tomorrow by looking at the weather today, my suspicion the weakness in tech is a trend that continues. stuart: let me come right back
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at you, you know where i'm coming from. over the last three or four years, every time there was a dip in big tech, if you bought it you did very well, it always bounced back right again, you really think that this time it is different? >> we don't know if this point, you made the point for me if you would've been better served by buying the market at better highs then rather than dip and buying it at the low, which changed over the last number of years, big tech has become to encompass the entire market as we talked about the stocks, the apples, amazon's, even if our viewers do not own them outright, they certainly own them as part of the overall per for leo even with s&p 500, for my money in my fund were focused on alternative act sets, there is no alternative to big tech
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but whether emerging market stocks or the commodity market, this makes money without trying to dip, still a very expensive stock. stuart: you do that with your hedge fund and you leave big tech to us and we will take that. jonathan, you are all right, see you again soon. stuart: we gotta sort out the we chat and tiktok story, i'm not going to do it but susan is. susan: it is complicated. it is not an outright ban, there is misleading headlines this morning on a lot of headlines and stories that came up, what it is, it's a ban on new downloads, after sunday and midnight on sunday or monday morning, if you're a new user, you cannot download tiktok but if you are a user you can still use it and get any updates. stuart: i want to straighten this out, i do not have tiktok on my phone, if i wanted to get it on my phone monday morning, i
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cannot get it. susan: we need to make it clear for the administration, let's move this down please. >> doing the same thing, our rule is not doing something to tiktok as to we checked, we chat will be shut down, as to tiktok, it is upgrades in the shutdown will come after november 12 in the event that there is not another transaction. susan: november 12, you have time to make a deal which is very complex or call walmart, how does all work especially if you want to protect the u.s. user data. stuart: time for negotiation.
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thank you so much susan. check the market, a little red in the s&p in the dow but the nasdaq is up 12 points, president trump says he thinks vaccines could rollout next month, doctor siegel waited last hour on the progress of the vaccine trials, watch this. >> we got nothing out of the pfizer vaccine, moderna vaccine that are in clinical trials, that is really good news that these are safe vaccines, that is number one and number two we knew in early trials that the pfizer vaccine had a robust response, and of october early november is a possibility for certain high-risk groups. stuart: next hour we will have white house press secretary katie machen eating on the program. we will be joined by nfl star, heisman trophy winner praising the president for big ten's return walker, 11:45 a.m. on this program. take a look at this, wall street journal headlines, an opinion piece, democrat madness from the harris biden campaign.
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the man who wrote that, dan henniker was supposed to join us yesterday, we had technical trouble, fear not he's coming up next on the program. speaker pelosi condemned rioters and leaders, we have the sound, you will hear it, stay right there, this is the second hour of varney. ♪ -always have been. -and always will be. never letting anything get in my way. not the doubts, distractions, or voice in my head. and certainly not arthritis. new voltaren provides powerful arthritis pain relief to help me keep moving. and it can help you too. feel the joy of movement with voltaren.
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to. we all respect peaceful demonstration, we do not want them to be exploited by outside groups the digital aunties and the rest to stir it on. stuart: speaker pelosi not condemning violent protesters and certainly not strongly, she had numerous opportunities to do it but she didn't do it, however, now she's changed her tune. watch this. >> we support peaceful demonstration, we participate in them, they are part of the essence of our democracy. that does not include looting, starting fires or writing, they should be prosecuted, that is lawlessness. stuart: that was yesterday, president trump and joe biden are both going to be in minnesota today, obviously that's where the deadly george
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floyd protest started over the summer and take a look at this wall street journal opinion piece, the title is democrat madness, dan henninger wrote it and he joins us now. your point is that these protests and riots and violence could cost joe biden the election, make your case. stuart: that is right, donald trump, president trump and the republicans raise the law and order issue at the convention. the question analyst said afterwards is this going to be a big issue because there was not much evidence that the general electorate was concerned but now we have a poll this week that comes out with extraordinary results the 65 of the respondents do think law and order has become a real concern, more interestingly, 60% of black respondents and 65% of hispanics also think law and order is a
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big concern, it is clearly on the table but there's more bad news for biden harris, we have the awful drive-by shooting of two cops in los angeles followed by the spectacle outside the hospital, protesters saying we hope you die, to me this raises the question in nancy pelosi and the rest say they are against looting, there is something going on between carrying signs and looting stores, that is the behavior of these protesters who routinely as we've seen, we watch them for the past 100 days, getting up into the faces of the cops, routinely screaming personal insults and obscenities at them and why do they do this, they know they will not be arrested, if they are arrested they will be like go in the local prosecutors in many of these cities, progressive
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prosecutors will not bring charges against them, what were seen as a result, the real world test on criminal justice has carried out by the progressive prosecutors in places like minneapolis, chicago, san francisco and new york, you have violence in the streets because police simply step back and this is a result of democratic politics and their policy and now the biden harris campaign simply have no real answer to it. stuart: do you think joe biden will hit that issue violence of unrest, do you think he'll hit it head-on, he is going to be in minnesota. >> i do not think he will hit it head-on, the democrats especially joe biden have put themselves in a box, the progressive prosecutor policies were based on the idea that
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there were too many arrested in inner-city neighborhoods and too much incarceration of young black males in those neighborhoods, the idea was the crime should be redefined as something else and there should not be as many incarcerations, this is now what progressive prosecutors and democrats believe, that makes it very difficult for joe biden to issue annunciation of this kind of violence or these protests which they claim on behalf of the kids being incarcerated in inner cities. as i just pointed out, 60% of black americans who are the victims, the real victims of the crimes and criminal behavior and getting, they want the law and order issue raised. stuart: thank you for joining us this morning, it is appreciated, i'm sorry we could not get drawn yesterday but we fixed the technical problems in your there. stuart: no glitches today.
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i'm going to put up pin on your screen, that is a sports gambling operation, they have been on a tear recently, susan part of being on a tear, they have. susan: the day trading robin hood brigade, we call it the momentum trade when it comes to depend national, we know the pen has a few percentage points, around 50% or so, 36% and they have the option to go up another 13%, the reason is because they drive a lot of traffic and they also have the app as we talked about, the new app that is available and people tend to like it as a result they go to penn national to put their sports betting on a big industry 1.6 billion this year end could go up to 9 billion in five years. stuart: that is a growth if i'd ever saw one. coming out, i'm going to talk to a new jersey restaurant owner
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stuart: look at the market, a modest tiny gain for the dow, dow on the s&p and the nasdaq, we've got this to consider, fed president james said he expects the unemployment rate to be down to 6.5% by year's end, that means we have a pretty strong recovery in jobs, hasn't made that much of a different to the stock market this far. and then we got new jersey, where the governor never saw attacks they didn't like, tell me about the latest tax hike. lauren: the millionaire's tax, if you make more than $1 million you will pay an income tax rate of 10.75% starting next month, the second highest rate in the country of california, the issue is the timing.
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>> last time you want to impose significant tax burdens, people are really immobile right now, the highest individuals can leave. lauren: and they do, the millionaire's tax in new jersey in 2004 cost the state 20000 residents and about $2 billion, that's according to a report from the governor christie administration, there is data there, a lot of the tax exiles are business owners, they take their money and businesses with them, what is a better solution than raising taxes, one item would be growing the economy and another would be broadenin broae tax base, but maybe services, maybe services used by wealthier people should be taxed to. stuart: maybe we could cut taxes across the board, get wealthy people to stay where they are, get businesses to flourish and maybe expand the economy and the tax revenue to new jersey, you cannot do that, you cannot ever
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cut taxes in new jersey, new york, illinois, california. you cannot do that, i think i made my point and i think you were listening. lauren: can i say one thing, governor cuomo of new york has signaled, he will not raise certain taxes on rich people because he knows capital is mobile and he seen them leave, some tax experts are saying new jersey and can move back to new york. stuart: or governor cuomo can stop talking about not raising taxes and actually get on board and cut taxes. thank you lord, i will calm down, don't worry, more from new jersey, there is a restaurant owner who is suing the governor, governor murray over indoor dining restrictions, he said 25% capacity, that's all i'm allowed that doesn't let me make any money or breakeven. mark is with us, the owner in
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south jersey and with us as james, his attorney. mark i'm going to start with y you, you cannot make money at 25% capacity in the cold weather is forcing outdoor business out of business but what do you want 50% capacity, without let you make some money? >> thank you for having us on, it's outstanding to give us an opportunity to voice this to the world of business, i think you get more than anybody, at the end of the day, 25%, you still have 100% of your expenses at 25% in biology or pml is starting to look upside down and you're on the route to the sovereignty, along the way here your bars, restaurants in new jersey are hanging on by their
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fingernails, the weather is starting to change, the dynamic is starting to change, 25% is not going to cut it. the thing that we really want to stress, what are the benchmarks, we never had a clearly articulated government water benchmarks are, is the infection, deaths per week, give us something to make a plan because 90% of business is making a plan and then you have to be flexible on top of it you're allocating capital and resources but you have to have semblance of a plan. stuart: i gotta tell you i'm with you all the way, i live in new jersey and i know exactly what you're talking about, let me turn to james, you are suing the governor on what legal ground are you filing suit? >> good morning, thank you for having us today. one thing that is very important, a public health emergency does not give the governor and other public health officials a launch to disregard
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the constitution for as long as a medical problem persists, it is now seven months after the shutdown orders were in place and restaurants at 25% cannot operate, is not tolerable for restaurants to open at 25%, even with indoor dining it is getting cold and will be in the 40s this weekend, if you have 25%, there's not one restaurant in new jersey or in the country that can function at any 5% of indoor capacity, we are suing the governor on the executive orders, they are random and we want to get to at least 50% minimum capacity right now. stuart: mark back to you, you said forget it, i am opening, what would happen to you. >> it kinda dovetails to what jim is bu speaking about on "fo&
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friends", as we were trying to muster bar and restaurant and friends and colleagues and i have in the business, one of the concerns from state authority, one of the concerns for a bar in the state of new jersey because our liquor licensing laws, you have to worry without the piece of paper, you have a paper waiting, that is your businesses at that point. so therein lies the concern, why we were not voicing their opinion and their concern, they worry about the fallout. stuart: move your restaurant to florida, i know you cannot do that but in exit from new jersey is probably called for here. i want to thank you very much for being with us, i think you have a very big case and my heart goes out to you, i live in new jersey and i know exactly what you are talking about. gentlemen thank you, i will come
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any food in your restaurant. i promise. staying with the restaurant industry because they have beef with the new cdc report, what is this all about. >> according to the cdc, dining out now poses a significant risk for covid-19 transmission and it cites a new study that suggests that adults who test positive for coronavirus, twice as likely to have dined at restaurants within the past two weeks, whether indoor, on the patio, outdoor seating, that claim is not sitting well with the restaurant industry that is refuting the cdc assessment saying is based on false assumption, evidence pointing to a higher likelihood hinges on activities where masks are not worn and there is greater threat to exposure including on-site
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eating and drinking. but the cdc says there is a higher chance of contraction where masks are not worn and there is greater threat to exposure like eating and drinking in a restaurant, but the national restaurant association says, restaurants that follow all of the effective mitigation efforts have shown the risk is low and calls the cdc basically responsible for blaming the spread of the virus on one single industry, the lines are being drawn in the restaurant industry is saying that is not true. stuart: what was that about trust the scientists. thank you very much ash. damage from the wildfires, the costing of the neighborhood of $20 billion. why the democrats insist on blaming the fires on climate change, and environmentalist kind of guy says that is not the case, he is on the show at the
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11:00 o'clock hour, big ten football back, herschel walker praising president trump for his can and should return. kenny helped get pac 12 back and running before it's too late. he is on the show and i will ask him. ♪ turn on my tv and boom, it's got all my favorite shows right there. i wish my trading platform worked like that. well have you tried thinkorswim? this is totally customizable, so you focus only on what you want. okay, it's got screeners and watchlists. and you can even see how your predictions might affect the value of the stocks you're interested in. now this is what i'm talking about. yeah, it'll free up more time for your... uh, true crime shows? british baking competitions. hm. didn't peg you for a crumpet guy. focus on what matters to you with thinkorswim.
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stuart: a fox business report speaker pelosi expected to give her press conference, if she makes headlines will bring it to you, that is a promise, the daily briefing, dana perino show, she spoke with bob woodward, i heard it got pretty tense. tell us before dana perino asked veteran journalist why he did not alert the public sooner to how severe the coronavirus really was, watch the exchange.
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>> to use feel any responsibility to have said that beforehand until waiting to the week after labor day if you felt that strongly. >> i felt strongly and when i learned about the january 28 meeting, i did not know about that meeting at that point. susan: may was four months ago and that is raising the question for some, they are asking why woodward is just releasing this information to the public now and if he is making a political or journalistic statement that president trump is unfit to be leader, why is he doing till right before the election. stuart: that's a very good point, is it not. kudos to dana perino forgetting that.
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check the market one more time, we have another green for the dow but read for the s&p and the nasdaq as well, let's get the latest on tiktok, there is news. susan: tiktok is responding to this, the commerce department has been very clear they are blocking any new downloads, new downloads of tiktok after sunday, effective at midnight on monday morning and plus they're looking at a permanent band like an outright ban if they don't get a deal before november the 12th, tiktok introduced statement that we will challenge an unjust executive order but you have until november 12 to get a deal, they also mentioned an american technology provider which probably will be oracle and walmart will be part of the mix and how this plays out depends on president trump and whether or not he approves the deal that is on the table because we could see an ipo in a years time and right now a holding company with a drug under majority with an american company. stuart: there still a lot of time for negotiation. susan: let's look at oracle and mom are going in different
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directions, you see this play out in the snap in facebook, facebook getting an upgrade from morgan stanley and this is not an outright ban, you have to be very clear about this, it's new downloads and people like you, you cannot do it after midnight on sunday but it does not mean you cannot use it anymore if you have it on your phone. stuart: my grandchildren can keep on using tiktok. thank you susan, good stuff. stuart: an article from the new york times in 2012, there was a warning about mailing voting, it reads in part, votes cast by mail are more likely to be counted and more likely to be compromised and contested than those cast in the voting booth, that was a time in the 2012, stark contrast from this new york times piece last month that says studies have shown that all forms of voting fraud are extremely rare in the united
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stuart: no big price movement on the market this morning, the dow, s&p and nasdaq, how about this, just announced, president trump will hold a 2:00 p.m. briefing today, must see viewing an election year, i don't know what it means but 2:00 p.m. he is on, facebook reportedly centering a pro-trump ad, even though a fact checker says the ad was true, inaccurate. lauren: i gotta show it, let me show you the ad with the mostly false label. let's watch it. >> your taxes are going to be raised not cut, the new york times says biden tax increases are more than double hillary
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clinton's plan. lauren: if it's entirely true, the 20-year-old leaning fact checker says it is but it lacks contact, everyone's taxes will go up under a biden administration only a small amount for the middle class but much more for the rich, they are making their decision to censor the political ad because it does not fit the political message. stuart: it is censorship, it is called biased against the president, biased in favor, that's rudy's call, my opinion at least. new national polling shows biden's lead from the president is shrinking slowly but steadi steadily, he is up about six points on the president as we speak, take a look at the average for the top battleground states, were gonna go through them, trump is still trailing biden, kelley joined us, and communication director. why isn't the president closing
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the gap in the battleground states, because they get more rapid, he makes frequent trips. >> absolutely, he is closing the gap in our general looks a lot better than the public pulley that you saw, if you look in the state of florida for example in the public polling, among hispanics, the president is leading 65 - 34 favorable president trump to biden on the issue of the economy that's why you saw joe biden go down to florida to try to gear up the boat. stuart: forgive me for interrupting, you are looking at very narrow sliced polls. what about the big picture in the battleground states, i see him down ten points in minneso
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minnesota. >> in the state that matter were looking up florida, north carolina, pennsylvania, wisconsin, those are key battleground states, you cannot look at what the democrats say because they will not vote for us, it's a slim margin of independence, the cross paths in were winning independence on the issue of the economy and on the issue of law and order, we are feeling very good about where the polls are trending for the president. stuart: does your internal polls show you that trump is winning in minnesota, wisconsin, pennsylvania, i know you are not supposed to tell us but tell us anyway. >> we feel very good if the election were held tomorrow, the president would come out on top. i will say that. >> is there a difference in polling technique, i'm sorry to press you but is there a difference in polling technique that you use for your internal and the polls in which we see and about around states. >> yes is likely voters that we poll because they are the ones that will ♪ ♪ under most likely going to vote and also demographics and geographics in the state of florida under florida it's diverse, for polling in orlando
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and not representing miami-dade or jacksonville, it's about waiting these and who you are polling and where your polling in the wake of democrats to republicans and independents is correct and the exit polls in 2016. stuart: let's go to florida for a second, mike bloomberg is going to put $100 million into the biden support effort i guess you could say, he is inundating the state with tv ads, how do you find $100 million. >> bloomberg did not do well with his millions of dollars with presidential run. you do it with messaging and were down advertising in florida, america is down advertising in florida and the campaign has a bunch of money reserved for florida and blanketing the state with economic message, joe biden wants to raise your taxes, he will raise your taxes of 4 trillion-dollar tax plan, $11 trillion spending plan over the next ten years, if you don't think you're making and be
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attacked under joe biden's administration, you are absolutely wrong, educating the public on the economic policies and as were coming on trying to rebuild the last thing we need is more taxes on the middle class. stuart: you are sticking with the economy as your main policy point, a lot of people would say the virus is a main policy point or urban violence or defunding the police. >> when we look at these pools and independents and independent voters, the number one issue among independent voters is the economy, they're concerned about law and order in the coronavirus, back in july this might not of been the case, was a focus on coronavirus as we saw the cases research, as they dip down in the envelope point with coronavirus, people are wondering what is the next step in what does our future look like and that brings in pocketbook questions. stuart: i like to see your internals, thank you for joining us we will see you later.
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stuart: a big show coming up, will start with kayleigh mcenany, the president says we will have a vaccine in october, what she says about that, bjorn lomborg is an environmentalist and says shutting down the democrats but he shutting down the democrats for linking climate change and wildfires. of course there is the nfl legend herschel walker praising the president for the big ten return and you have my take on joe biden in the president both in minnesota today, the third hour of bernie afte varney afte. ♪ s decision tech. find a stock based on your interests or what's trending. get real-time insights in your customized view of the market. it's smarter trading technology for smarter trading decisions. fidelity.
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to finance their retirements. it meant so much to nellie, maybe it could mean as much to you... call now and get your free infokit stuart: precisely 11:00 o'clock in the markets are mostly lower, not a huge selloff but a lot of writing, left-hand side. we know the u.s. will block new downloads of tiktok as of sund sunday. susan: you can still use tiktok if you already have on your phone, if you are not a new user you cannot download it monday morning, nubian will, november 12 that there is not a new deal, they extended the deadline, oracle and walmart are bidding taken a 25% stake in the u.s. tiktok and ipo in a years
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time, as for we chat which is owned by the largest technology company on the planet called tencent, that is banned in the u.s., 19 million users in the u.s. in mostly enterprise business companies that communicate to the team over in china, that might be complications but this is only a u.s. ban of we chat and not global which in some ways is better than anticipated. stuart: if i have tiktok now i use it now but if i want to download it on my phone monday morning i cannot. clarity. thank you very much. by the way 15 minutes away from being joined by kayleigh mcenany the white house press secretary. now this. call it an opportunity, biden and trump in the same state on the same day 46 days before the election, happens today in the state is minnesota, that means
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minneapolis in the protest, riots and chaos, the demonstration after the killing of george floyd turned violent and disruptive, the unrest spread to other cities and the violent disturbances have become an election issue and president trump is a law and order president and he will surely problem that theme today, he's going to be upstate minnesota talking to the people outside the city. they are considered conservative democrats, the president will surely talk about what is happening in our cities. will joe biden, he will appear at a union trading center duluth minnesota, here is biden's opportunity to state clearly how he feels about urban violence, there was a right and duluth, teargas and two-car set on fire and local people will surely want to know what biden thinks about defunding the police were stopping the use of teargas, an opportunity for him to step up and say where he stands, little background, a rasmussen poll
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shows 59% of respondents believed there is a war on police and only 29% think otherwise. speaker pelosi decried violence even though she called the police storm troopers earlier, will joe biden go right at the issue today, it's an opportunity to get in line with voter sentiment, his first visit to minnesota since 2017, hillary 154,000 votes in 2016, a slim margin for joe to keep. for the president it's another opportunity to pound the table on law and order, this will be his sixth visit to that state, 46 days to the election, minnesota has ten electoral college votes, peter doocy is there on the ground and duluth minnesota, great to have you on the show today. what are you expecting from biden and duluth today?
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>> we are expecting him to talk a lot about the big event statewide which is the beginning of early voting and not a coincidence that the president and biden are here and biden is trying to hold the state of minnesota innkeeper blue, the trump campaign sees this as one of the best opportunities to flip the state that clinton carried in 2016 alaska and wisconsin, not far away from the minnesota border, president trump argued that in all the states that are closed he is a big enthusiasm edge over biden. listen to this. >> they could not care less about him, he could be the piece of wood that was left on the ground, biden will hand the left-wing mob to your classroom.
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>> despite the focus in the state over the last couple of weeks on rioting and civil unrest, the big issue nationwide continues to be covid-19 in which candidate would handle it better and with that comes a lot of attention on the recent changes back and forth in joe biden's position on a national mask mandate, two days ago i would sit in the theater and wilmington, delaware and his lawyers told him if he's elected he could impose a national mask mandate and last night he said he could not and he could only do that on federal land. stuart: i wonder if he will answer a question from you if you get to ask a question. >> i am warming up my voice just to shout it. >> users show as a warm-up. peter doocy, thank you. dan hanning was on with us last hour and he said the biden campaign has been largely silent on the violence in our cities.
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watch this. >> you have violence in the streets because the police simply step back and this is a result of democratic politics in their policy and now the biden harris campaign simply has no real answer to it. stuart: that was dan henniker the wall street journal guy, the fox news contributor, what do you think, dan henniker's dan ht send you to that promise? >> that is entirely possible, the violence is continuing and we thought it would might slow down but it goes on and on "coast to coast" until the last couple of weeks the demo crimes are finally speaking up issuing words about the mayhem that has been going on from portland to new york and chicago and elsewhere and i think speaker pelosi made some comments saying that the looting and the riots and all of those things have to
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stop, those are the first words i heard her say along those lines, i think they see black lives matter in antifa as their base and they don't want to upset them and they want to keep them enthused and energizing know they have an enthusiasm gap as peter doocy described earlier and if they come out against them they might walk away and not help them win the election. stuart: we have a report from pew research, they are same black lives matter and support has dropped 12 points over the summer, that is quite a drop, why? >> i am surprised it's only 12%, when george floyd was killed under the knee of minneapolis police officer dear children i think the entire country 99.9% of the country said it was appalling, hideous and atrocity and had to stop, than the entire
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country on their side and if they continue peaceful protest and focus on something concrete like getting tom scott the republican senator from south carolina pushing for them and democrats to support it, they could actually have a bill addressing the concerns signed by the president of the united states, instead it turned into mayhem and you saw the police precinct set on fire and looting at rolex shops, gucci stores, you sell the situation with seattle shop in the takeover the downtown area, 100 plus days of riots in portland including trying to set the u.s. courthouse on fire with officers inside by the way in kenosha, wisconsin they set a library on fire, this is going on in the american people say what does this have to do with fighting against police brutality and having more responsible law enforcement, i think pretty soon people say it's not for me in the jumping off the bandwagon, i'm amazed it's only 12% in terms of support. stuart: in 2012 the new york times warned readers about the
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dangers of mail-in voting, that has to stark contrast from the new york peace time last month that studies have shown all forms of voting are extremely rare in the united states, that is a real change in their stance, i wonder why they're doing that. >> i guess they were against mail-in ballots before, the reason in 2012 the calculation was mail-in ballots had helped republican party said they were against them so now they figured that mail-in ballots would be times with a paper record, it's basically a giant news later for the democrat party, even if you don't believe in vote fraud, the post office performance standard is 96% for political and electoral mail, let's say out of 80 million mail-in ballots being sent out, 96% get to where they're supposed to go, that
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means three-point to million are going astray can you imagine them getting out where there's a poster that could throw elections from the states all the way down to the board -- everybody should be very concerned. stuart: it would create a contested election and that's a fact. >> public chaos. stuart: thank you take a look back at snowflake, a huge ipo earlier this week, down 2% today after huge gain previously, tell me more about this lauren. lauren: there was 111% gain on wednesday and nfl 10% falling again today, this could be revealing a problem with traditional ipos because they often undervalue a company leaving money on the table if you will, if the bankers had priced snowflake where the market value of snowflake above $200, they could've made more money more than the 3.4 billion that they raised after all, after all snowflake is
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unprofitable, they need the money, this is one reason why other unicorns are looking at direct listings when they price there's. stuart: it has $100 above the offering price of 120 a couple of days ago. actually, we are not done yet with ipos, video games, software developer unity launching today, do you know the starting price? >> i.ashley: it's going to be vd at around $13.7 million, initially that range was down to 34 - 32, and since being ranged, they are deciding the price in a pretty unique way, instead of using investment banks to make the final call, investors submitted their bids for a certain price and the number of shares that they wanted, unity
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then chose the price based on where those bids landed, it is interesting in any investors who submitted an offer below that price, they did not get any shares, bids at or above the final price decided on by unity executives, they are also allowing former and current employees to cash out 15% of their invested shares right off the bat, it's unusual because normally there is 180 day lockout. but they say you cannot cash and 50% shares that you accumulated up to now, interesting. stuart: that's a different way of going public and i daresay the price will also lay quite a bit given those conditions. no price yet -- no trade yet, the pittsburgh steelers honoring a teenager killed by police putting his name on the back of the helmet but two players are
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breaking with the teams decision, we will to you why in a moment. notice any different between president trump's townhall and abc in joe biden on cnn last night, rotate. >> how do you stop police killing blacks at three times the rate killing whites, do you think it's okay to be dishonest. >> how are you preparing for the debate. >> there was a difference, kayleigh mcenany joins us shortly, she is on the air, the third hour of bargainin varney n ♪ it's been 75 years
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stuart: we are just getting kayleigh mcenany's microphone fixed, in the meantime i'm showing you the stock market which is not moving that much so far today, the dow industrials are down 60 odd points and i got big tex, mostly in decline as we speak, look at apple 107. the microphone is fixed, here is the intro, mixed messages from the white house when a vaccine will be available, the president says october and the cdc director said next year, here is kayleigh mcenany the white house press secretary. the president is very optimistic that we will have a vaccine in place and tested and available by the end of october, are you going to back that up, the end of october? >> last night he said by the end of the year as soon october, could be in november, dr. fauci has said by the end of the year
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and today the president as having a press briefing at two and you will hear a lot about the vaccine there will be additional upcoming vaccination on the 2:00 p.m. press briefing. stuart: he will address the virus in the vaccine and the testing at 2:00 o'clock. there was really stark differences between president trump's townhall with abc this week in joe biden's townhall with cnn last night, hold on letter audience see little of it. >> why did you tell vulnerable people like me under the bus. >> if he were president could you see a scenario where you downplayed critical information so it would not cause panic. >> do you think it's okay to be dishonest. >> how do you stop police killing blacks at three times a grade of killing whites. >> do you see ways you benefited from white privilege. >> that's a contrast, hostility to president trump and overt
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friendliness with joe biden. you must be getting used to this, this is what you face, you know what you're up against. >> yes we do, i sit in every single one of the press briefings and its studying, he gets asked about unfounded allegations based on anonymous sourcing that probably does not exist in the circumstances, the most vile of questions, versus the softballs you displayed, here is what works to our effect, viewers recognize and see the difference, they recognize the hostility of the american people are smart. stuart: sometimes when i look at the press conference, i think the media is goading the president, really nasty questions trying to get him to lose his temper or lash out in some way, do you get that impression too? >> they certainly tried to ask him questions that put him in a corner but he always does a brilliant job at finding the right answer and here's where he has an advantage as he is said himself, every day of my press briefing room it is debate and every time i do it townhall is debate prep, he's being put through the fire and looking nice on the other side. stuart: the u.s. is going to be
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and we chatted tiktok downloads on sunday, that is 48 hours away, do you expect negotiation and a deal this weekend? >> that's assuming there is no deal before sunday, i know they are going to meetings about this today, as for tiktok were in the face of negotiating the looking at the proposal, before sunday we will see what happens. stuart: there is something unusual that the president of the united states said to a foreign company, we don't like you you got to be sold and what's more when you're sold we the united states treasury will get a piece of the action, we have never seen that before, this is something you, there is a danger that if the democrats when they get into power will do the same thing.
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>> what the president is doing he wants to protect the private information of american citizens and doing what's in the best interest of the taxpayer and that's where he's going with this and how the exactly looks we have 48 hours until we see the outcome. stuart: there is negotiations going on this weekend. there is negotiations going on and there will be meetings about this today. >> any idea and which the president is leaning. >> noy dia in which he's leaning but you're trying hard to get answers but we will know by sunday. stuart: the objective is to start beijing getting all the information on our youngsters, that is your bottom line, you gotta stop that. >> that is exactly right they collect private data and they can build opposition files on american citizens based on their information with the communist party of china has access to and it's unacceptable the president has said that. stuart: when the president speaks at 2:00 o'clock this afternoon you said it'll be the virus, can you release any positive or negative information that the president might be revealing in a couple hours ti
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time. >> the president wants to give the american peoeople a clear ed look on where we stand with the vaccine and the measures we put in place, there's a whole distribution plan i read through it last night, very comprehensive, what this president has done with manufacturing vaccines on the front and so in 24 hours of having phase three clinical trial success we can distribute those and he wants to give the american people a real look at insight and what were doing here each and every day. stuart: we get the results of those at the end of october within one day and if they're positive you get it out there. i know you have a big meeting coming up shortly, 30 seconds from now, thank you for being with us, we appreciate it and come again soon. >> thank you. stuart: kayleigh mcenany. what do you make of that, when she is saying negotiations will continue over the weekend. lauren: she said there will be no deal before the sunday deadline, ever going to get a deal it will come on sunday that
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was the main headline i read from the interview that you just had an meetings will take place today, negotiations are ongoing and maybe we will get approval by september 20 because the band will place band downloads on tiktok which goes into place on midnight on monday morning, that is sunday evening but don't forget they also said november 12 is when you get the all right be on, if you don't get a deal by sunday no new downloads are allowed but you can use tiktok in america and if few weeks to work out the kinks in a complex deal. stuart: of remarkable confrontation between the united states and china. that is what it is a confrontation over technology. lauren: if you think about it we chart, the lifeline of china, you cannot go anywhere without using we chat which is been completely after midnight on sunday evening, that will affect 19 million in the u.s. chinese-americans, businesses. stuart: the 19 million people who use we chat now will not be
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able to use on monday morning. >> there are ways to get around it, conventionally they can't. it's a communication system, i think there will be small effects but people were saying apple and google out of all of the app stores around the world, this is contained to just the u.s. which is better than anticipated. stuart: i would love to know how china will respond to this, retaliation is in the year. >> good interview. stuart: a monster category 4 hurricane turning and the atlantic could be headed for the east coast, janice tracking his path and other storms, now forming in the ocean she will follow them all for us. democrats insist the west coast wildfires are caused by climate change, our next guest says climate policy is the least effective way of preventing fires. bjorn lomborg coming up.
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$20 billion of damage, ouch. jeff is on the ground in monrovia california, are the fires showing any sign of receding? >> here in southern california since it's going to be another hot and dry day, probably not in the immediate future but firefighters are starting to gain the upper hand at the bobcat fire containment levels up to 9% but what they're concerned what's happening behind me the smoke billowing in the air and you have fires to start again and as the wind picks up there's no telling where the embers will go and if it will start more fires and already expanding fire zone, when you go to oregon it's a completely almost opposite story, they are worried about thunderstorms happening in the
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northwest, will bring much-needed rain to fire devastated areas and likely help clear the smoky air that is caused awful air quality but with the precipitation comes a whole set of different challenges, the rain hitting loose and unstable ground that can cause flash flooding as well as landslides. >> i felt a couple of raindrops at the house before we left and i'm hoping for more. >> we need rain it's unfortunate it will affect everybody on the hillside on the upper hills. >> the smoke in california is not clearing quite yet, you can see in my intro, so much smoke is creating dangerous levels of air quality and is causing you 70 national park to close in the highly visible half dome, right now you cannot see it in the park ranger said he worked there for 25 years and he's never heard of yosemite national park closing because of the smoke and poor air quality. stuart: a report from jeff, we appreciate it.
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as the fires rage, democrats are blaming climate change as the cause, my next guest says that is not the case, he has an op-ed in the new york post which says sorry solo panels will not stop the fires, he wrote that piece any joint is now, if it is not climate change that is creating the fires, what is? >> good to be back stewart, fundamentally global warming is a problem and has partly impact on the fires but by far the biggest impact the fact that we have suppressed fire for more than 100 years, a lot of fuel has built up in the underground of the forest and that's why you're seeing such big fires, remember before global warming in 1800, forest fires in california were probably 2 - 6 times bigger than this maximum
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output in 2020, much bigger forest fires than before. stuart: if you try to manage the forest in california, environmentalist just will not let you, you cannot touch a tree in california, i would say the environmentalist and the use of lawyers are the real problem here, am i going to far? >> certainly what we need to do is make much more prescribed fires, right now were doing little for the reasons that you're saying people are suing when they're trying to do this and lots of technicality and legal challenges and when people get upset, you get pollution but it's much better to prescribe earnings then have the uncontrolled burns as you are seeing right now, we know from a study in nature of sustainability from earlier this year, it actually says we
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probably have to do prescribed burning for 20% of the area of california, right now every year we do 1000 of that, clearly you need to re-up the self if you're going to succeed, unlike what many other people have suggested, this is all because of global warming and we need to put a solar panels, even if you manage to not get all of california to shut down its admissions tomorrow but all of the u.s. to shut down all of its admissions tomorrow and the rest of the century, the difference would be less then 0.3 fahrenheit by the end of the century, it would still get much warmer but slightly less warmer, that's not the right way to help, is through prescribed burning. stuart: fascinating, thank you very much for joining us this morning, you know what you're talking about and i found that very interesting. bjorn lomborg i hope he comes back very soon. i appreciate it. newsflash another monster storm
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could be headed to the united states of america common janice, tell us all about it. >> i'm sure we'd love to donate that water coming from other tropical systems to the west, we are dealing with a couple of things, first of all let's take a look at sally offshore that's good news and will talk about teddy in a moment but this is a more intimate threat, it does not have a name yet, forget the name adobe alpha we have wilford that got named in the atlantic that will not affect the u.s. but because we ran out of names we are going to the greek alphabet, we will name this one alpha within the next 12 hours and look what happens the latest track of 11:00 a.m. becomes a hurricane and meanders in the gulf of mexico, that is not good news, anywhere but appear, houston you need to watch this as well as louisiana, louisiana was impacted by hurricane a couple of weeks ago and sally
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impacted parts of louisiana as well as alabama and florida but look at the rainfall forecasts, and looks like it will be louisiana for the next storm which will be alpha, this is teddy i know it gets confusing but it's a hurricane in a category 4 hurricane and it will come close to bermuda we don't think a direct hit but east of a major hurricane and let's say northern new england and the atlantic province of canada will need to watch this one, we do not think it will come close to the northeast or new york city but new england maine will have to watch for, here the atlantic basin names we are done with wilfrid, we will not worry about him he's in the atlantic but we are officially into the greek alphabet with the newly named storm we think in the next 6 - 12 hours named alpha, have i confused you yet. stuart: i'm just exhausted with all of the storms.
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>> it is crazy, 2020 my friend. stuart: it's been quite a year has it not. you are all right, thank you for joining us. briefly let's look at fiat chrysler, already for the marker, down for the s&p, et cetera, via chrysler, the owner of ram coming up with a brand-new vehicle to celebrate the anniversary of the air force's founding, got that, the new version of the ram 1500 pickup is the latest model and the companies built to serve lineup trucks, happy 73rd anniversary to the united states air force. how about that, president trump taking credit for getting the big ten back up and running but his push for college football is not done yet. watch this. >> i want to recommend pac 12, you're the only one, open up pac 12, get going.
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stuart: a second member of the pittsburgh steelers deciding to remove name of the team killed by police from his helmet, this had a numinous decision to quote that name right there, offensive lineman, a former army ranger and he chose to replace the name with an army sergeant who died of combat while in iraq. bring in herschel walker, and if a legend in heisman trophy winner. i want your thoughts on this, this seems like a real split on what the demonstrating is about. >> this is a split but one of
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the biggest problems, i think the nfl has a mess on their hands, at the very beginning i said you should not put politics and sports but since they have it seems like the researchers are not doing the research, most of the people that are putting on their helmet have bats with the law, their problems with the law and i understand i wouldn't want to put anybody with a spat with the law on my helmet and why they're not putting a police officer that's been killed on the back of their helmet, why they're not putting the young child killed by a stray bullet on the back of their helmet, when you look at the nfl overall and i ask a question here which is very important, why the nfl is promoting black lives matter because i heard one of the cofounders say we train marxists, that tells me right there, what are you doing, why are you not doing the research unless you really believe in a train marxists that you will represent and that the players
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represent that. stuart: is almost impossible for the nfl to retreat at this point having made promises to get activism out there, they cannot retreat, we got this for much of the season i would guess. >> you can retreat if you make a mistake you turn around and you correct it and you do the right thing, the right thing today is on order. we need people to get themselves together and take control, the has to be the commissioner. if you're the commissioner being a leader people will not like what you do but you gotta do it's right, were telling our young men and women it's okay to break the law where it is not, were telling the young african-american men not to cooperate with the police because you seem to be analyzing a hero, that is not what we need to be telling, we need to tell them let's operate with the police and we both go home safe,
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people are blue dying as well but nobody is acknowledging that. i will acknowledge it. we have young men and women that are dying and young men and women that are uptight both policeman and citizen, we've got to get leaders that will say we need to put a stop to it. stuart: herschel walker, the president helped getting the big ten back on the field, can he do the same with the pac 12? >> i think he can with the pac-10 in the big ten and what the president did, he made a call, he talked to the commissioner and he got a lot of the people and administration calling the parents and the players and the coaches and they got involved to help them see they have a safer way to get this done and they were going to help, i think he can do the same thing here. i think a lot of us know this, there is a lot of politics involved in all of this today and there is an election coming up in november and they want to get everyone all upset but there
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is a health problem out there but are you going to tell me that you do not want these kids at a university way great doctors and great healthcare whether than having them at home where they don't have the doctors in the healthcare where they are tested twice the week and they have people looking after them and there is a risk and everything, right now remember they have been talking about concussion which is been a big thing and they have not gotten a key to that yet but they're out there playing football. i think they can get that to play now. stuart: herschel walker you make far too much good sense, if you ever want to come back on the show, there's a spot right here. great guy, thank you for joining us. >> thank you. stuart: i'm going to take a look at papa john's, the pizza chain obviously the point is they are moving the headquarters to atlanta in their moving out of louisville, is it going to create 200 new jobs in atlanta,
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the stock is down 2%. look at this a new poll reveals we are turning to comfort food during the pandemic, the most popular pizza, ice cream and burgers, which brings us to our next point, today is national cheeseburger day, mcdonald selling double cheeseburgers for 50 cents, i am there through their app. also -- it is the end of the week, time for friday feedback sending and lots of feedback and suggestions, friday feedback is next. ♪ ♪
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started up the friday feedback, come on in ashley, susan, lauren. let's get started this could be fun. the first e-mail comes from ron dixon, the best financial man of all time, could they please consult with bret baier and stiff up there sad wardrobe, also with actually new longer hairstyle he should add a grand piano, a candelabra, # liberace, that is the you, get on with it. ashley: to all of the challenge, jealousy is an ugly emotion although i must say the hair is out of control, it's frightened me you can only hope to contain it but my wife is threatening to go out it with the garden shears, turn in monday pretty interesting viewing. stuart: i would give my right on
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for hair like yours, hope you know that. this is from varney, she writes this, i love your show, watch every day but please stop chastising and embarrassing susan lee on tv, she's a smart and informativ young lady. susan: yeah stew, give me some charity. stuart: i will come your fantastic, smart, intelligent, dynamic and you know all about technology. listen to this, this comes from an e-mail from clay, don't feel too bad when susan gives you a hard time about technology in the cloud, i'm 27 years old and technology is confusing to me as well. we will leave it there. susan: but you know the cloud now. stuart: i do indeed i invested. i'm i tired of using sarcasm asa low form of wit, please try not to say that so often, thank you. lauren: lauren do we have any comment on that one.
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>> i'm glad ted said that, you felt strongly about that, you do use that expression a lot, i think you said it four times, i was going to e-mail you but i did not. stuart: you let ted do it instead. thank you. i'm moving on, i'm moving on, this comes from kelli, she says how about a "varney & company" ladies day, lauren, susan and christina anchor the show and interview only and successful or up-and-coming businesswomen for three hours. ashley: stew and i can go watch the epo. stuart: absolutely, i suppose you would love that. susan: i think it's time, ladies day. lauren: we could get about a hand in crazy if you let us go on too long, i want to say that.
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stuart: we will hold our breath and wait for ladies day but it's not out of the question, hears from linda o'brien, she writes this, i would like to see mr. varney farm in him on his tractor truck, where does he like to go when he's off? stuart: you're absolutely not going to see the famous photograph of me on a tractor wearing sandals because they have been given grief of that after ten years. instead there is my farm, can you see the rocking chairs on the left-hand side, that is where i hang out, the farm or part of it in the shop that you saw earlier was a distant shot of where i grow hardwood timber. lauren: and were all invited. ashley: no one is invited. stuart: you gotta be careful on a farm.
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enqueue everybody, that was great, keep sending your stuff, we want the feedback, more varney after this. ♪ introducing stocks by the slice from fidelity. now you can trade stocks 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.
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stocks by the slice from fidelity. good job, michael! does. ok, lindsey now tell the class what your mommy does... my mom has super powers. it's like she can see the future. what?! it's like she time travels in a rocket ship. that's cool! and then she comes back saying "try this" or "try that." she helps everyone. she helps them feel less worried. wow! mommy, so what is it that you do? i'm a financial advisor. she is! aig proudly supports all the professionals taking care of our financial futures.
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okay, now they're trading at $70 a share, up 35% from the offering price. watch out for those ipos, they've done pretty well this week. time's up for me. neil cavuto, sir, it is now yours. neil: all right. thank you very, very much, my friend. we are following unifew software very -- unity software very closely, it continues a theme of snowflake and jing frog among them -- jfrog among them this week. as stuart was pointing out, it's really a video game software provider here. it's a lot more than that, but it does everything, it could translate to any business. over my comprehension. the price around $32-42 a share, they wrapped it up
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