thanks for joining us, jamie. i like the background, jamie. we're at new records right now. here comes the bell. what can i tell you. [closing bell rings] nasdaq, s&p brand new record close. a record breaking day. now with peloton earnings coming up. connell: we are back to setting records on wall street. stocks climbing. earnings season continues to impress. there is always hope for stimulus. we'll be talking about all of that. as we look at the numbers at the close, the major averages are higher. the forth day in a row we've been up. we close at highs of the session with the dow up 332 points. the s&p 500, does close at a record high. up 42 on the day. 3872 is the highest close for the history of the s&p 500. same for the nasdaq. the nasdaq closing higher by 167 points today. that is a new record at 13,778.

so the run continues in the stock market. welcome to "after the bell," everybody. i'm connell mcshane. it is time for the news that is happening at this hour. our fox business team coverage today, we have blake burman at the white house, edward lawrence in washington, both susan li and gerri willis in new york but first today, what happened to all the talk of a stock market bubble? we have perspective to start you off on the wall street records, dion rabouin, "axios," courtney dominguez, senior advisor at payne capital management. you first. we were talking about the story about gamestop and the frenzy over these stocks. a lot of people said that type of a thing is a sign there is a bubble in the market. the bubble hasn't burst. we're up at record highs again. is that a sign there was no bubble to begin with? what are you seeing out there? >> volatility happened with all the gamestop news. you have to look at the fundamentals of the market.

the economy is recovering sew strongly here. that arguably has a lot of room to run. we will follow things like the s&p 500 or the dow jones which have been doing great but there is a lot of other areas of the economy. so think of your small companies, foreign companies, things like energy, have way outperformed the s&p 500. you need to look where the best value is. a lot of run in the economy and especially certain sectors. connell: what would you say about that? a bubble or bull market or something complicated than both of those propositions? >> no. i think those are pretty well-describe the situation here in. discuss because the bubble hasn't popped doesn't mean we're not in a bubble. very clear from the valuations, price to earnings, look at about any metric you want, we're clearly in a bubble particularly in the big tech names that doesn't mean the bubble is going to burst. let's all keep in mind the

federal reserve put in a very strong put. if a stock market goes down, fed chair jay powell is made clear he is ready to step in provides trillions more liquidity of market. maybe buy fallen angels or bonds or buy stocks. do what it takes to get the market back up. i think it is very clear when you look at the valuations we're in a bubble. we're in the 2000 dot-com era levels. we could just keep going higher though. connell: i want to talk to you guys in addition to this discussion about the stock market about the economy and about jobs in particular. weekly claims fell more than expected as we saw this morning. actually the lowest level since november. we have the january jobs report coming out tomorrow morning. so you know, courtney, maybe we're turning the corner there. we talked a lot through the pandemic about a disconnect between a record high in the stock market and struggles of the economy. but are we going in the right direction in the job market here, finally. if so, when do we get back to

where we need to be? >> yeah. i would definitely say we're headed in the right direction. i think some job numbers have already shown that. when you look at the numbers just came out this week, unemployment is coming in lower than expected. that being said we are a lot higher than pre-pandemic. we're definitelying in the right direction. unemployment is down. savings rates are doing well. all the stimulus coming in, consumers do a good job making sure they have a safety net out there. that is a lot of money that can make its way back into the economy or the stock market. one of the two. there is still a lot of room to run. the markets are what we call a forward pricing method. they will price in things hopefully a month before it happens. you see the markets doing well and economy and data will likely following that. connell: we're stuck, deion, unemployment rate 6.7%. only a year ago we were below

3%. we've been through a lot between then and now. your observations, what are you hearing about jobs ahead of the big number tomorrow? >> with all due respect to courtney, i can't see how a million people every week filing for unememployment claims says that we're moving in the right direction here. again if you look at those initial claims, 780,000 people on. seasonally adjusted, if you look at non-seasonally adjusted as i've been doing in the "axios" markets newsletter we're over 816,000. when you add in pandemic unemployment assistance program, that is another -- people. this is unprecedented. this is continued now for seven, eight months now and it is showing no signs of getting better. you talk about 6.7% unemployment rate. that does not include all the people fallen out of the labor force. the number of women in the labor force is back where it was in the 1970s. the number of men in the labor force back where it was in the 1980s. 10 million people in the job

market than we had in february. this unemployment situation is not good but again, let's keep it focused on the stock market. stocks can still go up not because we're pricing in the future but because the fed has shown that they're willing to flood the market. we have stimulus coming in likely from president joe biden and the democrat-controlled senate and house. that is more money. money pushes the markets up. they push into people's pockets. they spend it. that looks like it will keep the market up. connell: speaking of bubbles that might burst one day, driving us higher in the market. deion, thank you. courtney as well. we'll watch job numbers tomorrow morning. speaking of jobs going away, no parler tricks. social media app parler terminated his ceo john matze who said he did not participate in that particular decision. susan li. reporter: surprising that john matze was a parler cofounder, public face of the company, in the memo to staff matz said he

was fired by the parler board controlled by rebecca mercer who decided to terminate my position ceo of parler. a main republican backer and donor, matz is facing constant resistance from mercer and the board on vision and strong belief in free speech. however parler investor dan bongino tell as different story on the firing. >> he claims he was a real advocate for free speech and he was a real advocate for products stability and he was let go and, folks, that's not accurate. some terrible decisions were made in the past that led to this, that led us to getting pulled down by amazon and others. it is me and my co-owners that are resolutely committed to a free speech site. reporter: parler has been off-line since january 11 after being kicked off of amazon web services and kicked off of the

apple and google web stores. at the time of his firing he said he was close to restoring service at parler t had as many as 15 million users before it was deplatformed. the numbers spike the before it was kicked off twitter. some say the content on parler helped plan the january riots. they moved to a ration web hosting company. that also prompted democratic congressional leaders to ask the fbi to investigate parler's russian ties. keep in line matz is not the youngest profiler to kick off after they started. steve jobs and jack dorsey and trillion voice kalanick of uber. some say that would be good company. with matz gone some has more concerned whether whether or not we will see parler's return.

connell? connell: could be done. a lot of story involved there. susan li in new york. under pressure, senate democrats are calling president biden to forgive thousands of dollars in student hone debt but at what cost? we'll break down details of that next. the cdc is out with new guidance. it could shift a divide, especially in chicago on the return to in-person learning. a litmus test for live venues. this year's super bowl has businesses in florida hoping for a game time revival. we'll see. we're on the ground in tampa, to look how things are shaping up this hour. two hundred and twenty-five thousand dollars in debt. ah, sofi literally changed my life. it was the easiest application process. sofi made it so there's no tradeoff between my dreams and paying student loans. student loans don't have to take over for the rest of your life.

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connell: here's the "fox business alert." a "after the bell" earnings from media sector, news corp. earnings up on the screen. gerri willis joins us with the details. what do you see? reporter: this is an amazing beat on both the bottom and top line. let me give you bottom line. pardon glasses. compared to expectation of 11 cents a year. revenue beat, 2.41 billion compared to 2.24 billion. as you know news corp the owner of "the wall street journal," the "new york post," harpercollins t shares common ownership with fox corp which

owns fox business i should say. this is a fascinating report i got to it will you. the company had the most profitable quarter in seven years according to the release. the "new york post" reporting its first profit in quote, modern times. subscription video services up 77%. book publishing at harpercollins, ebidta up 65%. no surprise here, realtor.com, revenue growth of 28%. as you know the housing market has been on fire. it only makes sense that realtor.com and its owner would have a really big quarter but this is an impressive move for news corp as they are in some of the toughest categories going right now including journalism. back to you. connell: that is an impressive number from a company best described as our fox corporate cousin these days. thank you, gerri willis on the earnings beat for us today. let's move on to relief for americans now more ways than one. congress moving ahead with the

stimulus package. democrats are putting pressure on the white house to pass another big ticket item. blake burman joins us to the white house with a summary of all of that. reporter: hi, there, connell. the white house making it clear when they look ahead to the possibility how this package could take shape one of the things not at the top. priority list at least at the moment for the white house is another round of payroll support for the airlines. as you know some of the airlines, american airlines, united airlines came out in recent days say if there is not another round a third round at this point of payroll support they could furlough up to 27,000 workers combined next month. here is white house press secretary jen psaki when asked about it earlier today. >> there is a process that will be ongoing on capitol hill over the course of the next days and through the course of next week where there will be amendments put forward to work on committees but i think the priorities of the president are already in the bill. reporter: elsewhere up on capitol hill, she mentioned

house speaker nancy pelosi acknowledged that the rules in the senate might prevent democrats including a minimum wage increase in their proposal. the house speaker saying today that if they are not able to raise the minimum wage in this package, include it, quote, we have other places to do it. connell? connell: the other thing the democrats are really pushing this democratic white house, blake, is student loan debt. reporter: yeah. connell: they really want president biden to get rid a lot of it, tell us about that? reporter: they do up to $50,000 per person student loan debt cancellation loans backed by the federal government. that number is north of $1.5 trillion. they are calling on president biden to do so via executive action. >> canceling student loan debt is the single most effective executive action that president biden can take to kick-start this economy. canceling student loan debt is the single most effective

executive action that president biden can take to help close the racial wealth gap. reporter: they're calling connell up to $50,000. the white house, press secretary was asked about this where does the president stand? she says president biden supports canceling up to $10,000 per person. at this point they're looking to other executive actions the president might take. still, connell, talk about 10,000, 50,000 per person, still a pretty big gap from one side of pennsylvania avenue to the other. connell: yeah. in the same party. boy that can add up. blake burman on the north lawn for us. let's talk a little bit more about this, future student loan debt. bill mcgurn editor at "the wall street journal." it can add up when you talk about that kind of money. what do you make of the discussions and merits of doing this? sounds like elizabeth warren is making an argument based seems largely on equality and also

race? what do you make of it? >> yes. it seems absurd. there are two aspects that i worry about. one is a lot of people believe that joe biden can just do this with an executive action. i think it was right before he came in to the presidency he said he himself was skeptical about that. that he had the authority to just cancel up to $50,000 in debt for individuals. i hope he sticks to that because this is a big deal. it should involve the legislature. the problem is we'll find out whether joe biden ever means the caveat that he points out there. he sounded very skeptical about the idea that he could do it himself. now even if they didn't do it himself, i think it sends all sorts of bad incentives out there. i don't recall the part when we took out loans, when i took out loans where it said you won't have to pay them back. there is also such a disparity who owes what, how much they owe.

you know just to forgive everyone? most of the people that owe money are on the higher income scale in america, of the families that get out. the students with the most debt will be the high earners. apart from the kid that majored in art history and took out $300,000. we all have those stories. in a lot of ways seems like the wealthy, the less wealthy subsidizing the wealthy. i think you could at least make some distinctions here. people that have worthless degree, a lot of people owed debt who never finished college. the real problem here is the way we fund our universities and we inflate the cost of tuition with all of this extra aid that goes in there, universities have no skin in the game. i would rather see reform that builds on that. connell: right. >> as a lot of people joke, we'll find out just how expensive this is once it's free. connell: where would you start

that reform? because, this discussing this issue brings up that problem because you know, i took student loans going to college. they were not nearly as much as people deal with now. >> right. connell: number, 43 million people in the u.s. buried under $1.6 trillion in federal student loan debt. that is overall number. people have tens of thousands, hundreds of thousands of if you have higher degrees in loans. that speaks to how expensive college is. where would you start the reform process? >> i agree. first you have to be realistic who owes what. my impression is the last figure showed that the average debt for people is about 28,000, you know, the price of a, of a good automobile coming out, toyota rav hybrid or something. it is not beyond the possibility for a lot of people to pay it. i think the rule should be, the people who can pay it ought to pay it.

they took the loan out. and i think you can make maybe, make some exceptions for people that are really way in over their heads, especially the people that didn't graduate. but i do think that we have to tie it to the universities. there are a lot of different ways to do this. for one thing, we need a lot more information. kids that go to college need to know, what's the expected starting salary for a civil engineer versus an art history major? just to give them some idea what they're getting for their money. connell: right. >> i like the ideas that would make the university, if i default on a loan, that would make the university partly responsible for it. they would have some skin in the game. i mean the university just gets money f i go to school and take out 50,000. i spend it at the university, i fail out, the school has gotten the money, i'm the one stuck along with today, if you see taxpayers. i think we have to give the universities some skin in the game because they have no incentive not to encourage

people to take out as much debt as they need to pay the bill. connell: right. this does speak to that issue, even if loans are forgiven, they're not, they're still getting paid by someone else. the debt gets transferred to your point to the tax payer in general. >> right. connell: another story i want to get a quick take on you as well, that speaks to economic incentives. this concept during the pandemic for hero pay, people that worked for in grocery stores. kroger, the big grocery store company shutting down stores in california, that their wages may go up for $4 an hour if they. the person from kroger said the ordinance overstepped traditional bargaining process. the idea to get them money but now nobody is working at the stores. >> this is what happens when politicians intrude. >> the price system. i was interested in this.

i was a supermarket worker myself. proud member of the amalgamated meat cutters union at my local a and p. supermarkets have very thin margins because of perishable food and so forth. i don't know their pricing and so forth. i know they have invested a lot of money in covid protections and so forth. i know a lot of people are saying, oh, evil kroger won't pay workers a little more during covid. and no one says, what about lunkheaded politicians pass a law and two stores are closed with maybe 200 jobs that are lost? this seems completely unnecessary. i would like to see kroger pay as much as it can to the people. i'm grateful for them for doing it. if it doesn't, guests a bad reputation i assume people won't go fork wore them. i don't see how a city council knows better and set wages. they have an argument, as far as i understand the law it targets certain kinds of retail.

i'm not sure why supermarket workers be singled out for this and not, for example, health care workers or emergency responders and so forth? connell: right. >> it seems to me or other retailers that are keeping open in this? is seems to me absurd and you see the unintended consequences when politicians decide that they can set wages. they don't have to have any knowledge of any specific company's situation. they will set the wages. look what happened. connell: unintended consequences. that is the point. good discussion, bill as always. we learned a little bit as well. you want a roast beef sandwich at the a and p last day, nobody carved it like bill mcgurn. >> that's right. connell: hall-of-famer. thank you, bill. let's take a look at peloton real quick as we move on in after-hours. it came out with after the bell earnings. it reported that connected fitness subscriptions grew by get this, 134% to approximately

1.67 million. connected fitness subscription workouts up by more than 300%, over 98 million. peloton seeing 2.752 million and more with connected fitness subscriptions. people are pulling back. that last point, people pulling back on their subscriptions for peloton. stock is getting hit after-hours. the stock is down by 6%. we'll be right back.

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♪. connell: it's a "fox business alert." i mentioned that gerri willis is on the earnings beat for us now. she is back by popular demand with the ford motor company results. what do we see, gerri? reporter: that's right. we have yet another double beat here. ford shares up after-hours. livessen to this. eps got line expectations the company would lose seven cents a share. instead it made4 cents a share that was a very big change --

34 cents. positive revenues. expectations 33.889 billion. the company has a new ceo jim farley involved with a major reinstructioning. it looks like it is bearing fruit. the company says they plan to invest even more money than expected in ev, autonomous vehicles. that is electric vehicles. 29 billion through 2025. now, on the negative side they are still dealing with that semiconductor chip shortage which caused cutbacks. they're cutting shift in missouri and michigan plants because of that. they have been spending a lot of money designing vehicles, ford f-150. the mustang sport mark e. a lot of money on those projections. wow, what a quarter for ford. back to you, connell. connell: on adjusted base is when a loss was expected.

electric as we heard from gm. thank you, gerri willis. the fight over vaccinating teachers suggesting that coronavirus vaccines are not essential to schools reopening safely. this as chicago schools are slowly moving toward a deal to reopen with unions there. fox's mike tobin with the very latest. mike. reporter: another announcement from the city today, connell. amounts to no deal. more remote learning for students today. a day off tomorrow. so a long weekend. maybe a deal by monday but the kids are not back in class. despite cdc guidance vaccines are not needed for a safe return to the classroom a frustrated chicago mayor lori lightfoot that is part of what the teachers union is demanding. part of a open letter to parents, we love your children. which desperately want to be back in class. we are not ready to accept death that a reckless reopening will affect our city.

the safety protocols or thresholds for reopening. now declaring she has run out of patience with the teachers union, lightfoot says schools are meeting or exceeding cdc recommendations. positivity rate at 5.4%, the lowest since october but lightfoot says the unions continue to move the goalposts to add items. for instance, a man to defund police. >> cps had three weeks of successful uply mentation of these mitigation plans in our schools. that was until the ctu blew up that success and created chaos that we are now enduring. reporter: now one thing making these negotiations difficult the announcements come late at night. parents don't know whether to pack a bag for kids. those who work can't tell employees by the end of the business day if they will be showing up the next business morning. connell? connell: still not solved. mike tobin in chicago.

perfect storm for one super bowl staple, chicken wing prices usually go up a lot before the big game. this year they're more expensive than usual. the price per pound up 30% per pound compared to last year. we have a nationwide chicken wing shortage of all things. another effect of the pandemic i guess. speaking of the big game, businesses hoping for a win off the field which might be easier said than done. ashley webster, what do you have for us. reporter: thank you for bringing up that chicken wing story. you threw me off. businesses in florida are open. the super bowl is in town and the sun is shining but what if you're an owner after establishment that likes live music, provides live music, with bands touring on stage? they have empty for nine months and more. i will speak to the owners of this business with just three days to go before the big game. more from tampa on "after the bell" after this.

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these businesses. reporter: i had to sit down, connell, that's for sure. you talked about less of a wow factor. certainly we'll have fewer people here, they're getting here later in the week than they normally would. the stadium itself will be about a third full. definitely a bit after muted atmosphere. that will hurt the bottom line of businesses in tampa area who thought they would get a bonanza when it came to an economic boost when it came to the big game. i will tell you where i am at. i'm at the crowbar, a legendary institution in tampa area for live music. let me bring in the toner, tom de george. you've run the place 14 years. the walls are plastered with all the bands that played here but for now certainly the last year, the last 10 months you hadn't had any bands. last time you spoke you you were looking for government help. did you find any? >> they passed the grant, and

we're waiting for s-fa to distribute the grant to those that need it. reporter: do you know how much you will be getting? >> it would be up to 45% of my gross last year and it would be enough to get me by until we get back to normal. reporter: how have you survived. >> grants. dli loan. reporter: operating at 25% past. >> 25% capacity. reporter: can you make any money? >> no. at the same time tours are out nationally. with every state different you can't route tours. until we have a national plan -- reporter: super bowl, you do the same thing businesswise? >> the same type of art exists local that we have here. five or six months that weren't change. reporter: last question. whether do you hope to get bands played again? >> we're starting to get fall dates booked. that is happening around our

country. i believe the industry will happen sometime in the fall. reporter: still a long way off. >> we still need the grant. reporter: thanks for letting us stay here all day. thanks for your hospitality. connell, let me say this. last year the super bowl was in miami. that gave a 572 million-dollar boost to the economy in south florida. the average person, the fan attending the game spent $593 a day. those are great numbers. unfortunately we're not going to see those in tampa this year because the ongoing battle with covid and the restrictions it brings. back to you. connell: yeah. just not the same, it really isn't. ash i also, thank you, sir. ashley webster there for the game in pampa. i want to bring in a doctor, director of infectious disease at university of alabama birmingham. glad to have you on the show. i want to talk about some vaccine developments and medical device, that may not be popular for people watching, did you have do you have any advice for

a super bowl gathering whether at a bar or somebody's house this year? >> good to be back with you, connell. one more year. we need to get you there the next five or six months. unfortunately my advice will be the same as it was for thanksgiving and christmas. we'll have to keep it within our bubble. we have the variants out more readily transmissible. i think with that around, we just got to hunker down just another four or five months as a vaccine rolls out. connell: all right. to the variants in a moment on the vaccine. one of the stories that is getting a lot of attention i guess coming out of the uk was this idea of scientists testing mixing doses of the vaccines. where you get one dose of a certain vaccine, say pfizer, second time around you get moderna, vice versa, whatever the case may be. i guess they're testing that. your thoughts where that is going and independent pack it would have if it works out? >> it is really hard to answer without the data. i'm glass they're testing it.

let's get a little bit down in the weeds. i think probably will be okay if you alternate a pfizer and moderna. although i would like to see that tested. the reason i say that, they're both mrna vaccines. when you get to the j&j, astrazeneca, they're a whole different platform. so i think might be awkward, if not in effect i have perhaps to mix a moderna pfizer with a j&j or astrazeneca they will check it out but ideally of course we would like to get the same vaccines, pfizer, pfizer, moderna, moderna just like done in the studies. then we have the best shot of assured immunity. connell: in term of the variants you already brought up i'm trying to figure out how concerned we should be when a headline comes up. when a certain variant is more transmissible. there is speculation one might be more deadly versus another. what stands out to you with all the different mutations of the

virus around the world and what your kind of level should be in the u.s. to be about them? >> i will be honest and say we don't really know what to expect. let me lay it out for you. we know all viruses mutate. that is just what they do. then it becomes survival of the fittest like darwin would have told us. what we've seen so far the variants coming out of the uk and california and a few other places in the united states, mostly are more transmissible. they're easier to pick up. that is because the affinity for the virus for the receptors in the airway, the respiratory track are a little bit stronger. so therefore given exposure more likely to lead to an infection. the one thing we're really concerned about, there is no way to predict it right now, just no way to know, is that one of those mutations might change things enough so that the immunity to one of the vaccines, say pfizer, moderna, j&j, that that immunity may not be strong enough to keep the infection at

bay. so participate we haven't seen that. we see a little bit of increased cases but not severe disease and hospitalizations so far. connell: right. and that's where we'll end it, make that point if you're a glass half-full person which we all should try to be at this point. so far wee haven't seen that. we hope the vaccines hold up. thank you for your insights, dr. michael saag at uab. tomorrow is a opening day in a way at yankee stadium are with people can get vaccines. they had a delay. the yankee stadium will allow 15,000 appointments in the first week of use. city citi field is expected to have vacs "nation" site. no opening date announced yet. we'll be back

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how many people being served at these mega-retailers? why can't the big box, retailers all perform, make their money, why can't us independent operators prove to you we can operate without getting our employees sick or becoming a superspreader, lift rally two weeks ago we opened up here in florida. this is where we will expand. meantime we'll build the business wherever we can, wherever we're welcome. connell: he is fighting for congress to pass the restaurants act which would funnel billions of dollars into the restaurant industry. we are joined once again by buddy foy, jr., the owner of chateau on the lake and the chateau anna maria the restaurant in florida, right? you were talking to jackie at the beginning of the new year on "after the bell." tell us how thing are going? >> it has been great. we've been open 48 days. on those days, 33 were sold out. it is chilly for for floridian standards.

we're following the cdc guide loons. we can operate 100% capacity. we do it safely. we brought 90% of our employees are down here, earning a living. we're very excited. love how it is going. connell: wow, you brought them down from upstate new york. i would suspect they like the weather down there in florida, those that moved down with you. what do you notice, just observation, making observations not just in the government attitudes and people's attitude about the virus and how they go about their day-to-day lives florida, new york? >> they take it seriously. they know it is real. they understand it's a practice and a change, a dramatic change in behavior that we have to exhibit. and they're not attacking each other when we're in this practice mode. right? particularly when you walk into a restaurant, walk in by accident, you're in a conversation, they nicely ask you to put your mask on. they tap you on the shoulder, or from a distance, arms length and

it is more of a polite, help each other succeed than it is ah-ha, got you, right? more in new york, it was ah-ha i got you behavior. florida, hey, let's help each other, remind each other what is going on. let's follow the rules together. we'll not put you in the guillotine if you did not put your mask on. >> your restaurant in new york is closed for the time-being, right? i assume you're making a big push for the restaurants act which i don't know if i will ever get passed. that was a lot of money. talked abouted 120 billion. the biden relief bill, will get negotiated a lot, has 25 billion for restaurants. it could be a lot different. you need the money because you can't operate that new york restaurant at all right, for the time-being? >> we shut new york down until we open 100%. i'm on a acre of lake front. we were able to move everyone outside, cost me money to get everybody outside.

at least i was able to pay personal bills through our revenue. as it is i would not get any income or any relief from the restaurants act. i'm not doing this, out here saying we pass it for me. i don't qualify based on writing of the bill. it is a, not a perfect bill. it will help people hajing from a cliff with fingernails. there are operates that want to open and cannot open. i moved to florida, with outdoor weather complimentary to our business model. we had an outdoor lake. it cost us money. i'm able to feed nye kids and their college education. ppp is about paying utility bill, mortgage, rent and your employees. it doesn't take into account operators and livelihoods, the business owners. this restaurant's relief act, it's not perfect but it will save a lot of people's financial well-being. it is a generational business. if we don't help restaurants that couldn't open out, what is the next generation going to do?

this is a generational business. large percentage of restaurants are multigenerational. why would the younger generation watching this whole thing unfold ever start their own business? i think there is a stat out there, 48% of entrepreneurs grew up in entrepreneurial families. this is about the future as much as it is about saving lives today. and they're watching. connell: we'll continue to follow your story, buddy, without a doubt we've been. we want to see how things end up. you're an adapter. that is for sure. you made the change to florida. keep it up. check back with us in not so distant future. >> thank you, connell. connell: you're welcome. a show of strength meantime during the pandemic and beyond from another business. edward lawrence, what do you have coming up for us? reporter: yeah, i'm live at ben's chile bowl. coming up to see how they're struggling through coronavirus. while also revealing the heartbeat of a community. coming up. ♪

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connell: it is another story of resilience amiddle the pandemic -- amid the pandemic, how one black-owned family business is surviving with support from the surrounding community. edward lawrence that has that sy today from washington. >> reporter: this is really a story the about how businesses are surviving the coronavirus, also it's about finding the soul of a neighborhood. now, those community businesses that give donations throughout the year like ben's chili bowl are getting help from that community. they can only do about 10% dining here inside in d.c. legally, and that's almost nothing. so they're relying on takeout orders and donations to not only stay open, but not lay off any employees. >> our philosophy has always been from the day mom opened the business treat everyone as family. and that's tested in moments like this. when things are going great, we're family.

but in those moments when there's no money coming in and what do we all do, and i think that's what's a great example for us to say what does family really mean in time of need. >> reporter: now, the bowl, as it's called, has survived the 1968 rioteds which happened right -- rye yachts -- riots which happened right outside the front door. this is different because there's no exact ending. the divine shine just down the block also relying on the community. >> yeah, we're till here, and we're still trying to hold on and all. so they, then they offered to, do you need some business. look, i'm going to find stuff and i'm going to brit to you and all -- bring it to you and all. so people have gone this their closets, pulled out things, as we all do. there's something in your closet that you just won't let go. >> reporter: and the community finding their soul to help them out. back to you, connell. connell: it's a great story,

edward. as we've learned over the past year, people really care about the local businesses in their local communities. edward lawrence there in washington. i'm connell mcshane in new york. thanks for watching as we report the news to you qualify at the bell." -- "after the bell." we'll see you back here at the same time tomorrow. ♪ lou: good evening, everybody. former president donald trump dealing an early blow to the radical dems' venal and unconstitutional impeachment farcical fraud. lead house impeachment manager and sinister clown jamie raskin today has the unare reserved gall to -- unreserved gall to request the former president testify under in next week's illegal and outrageous senate trial. the former president's legal team, however, swiftly brought the pretend prosecutor raskin back to some semblance of reality, informing the ridiculous raskin the president