tv Varney Company FOX Business August 13, 2021 9:00am-12:00pm EDT
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maria: a big thank you to dagen mcdowell and james. thank you. have a great weekend, everybody. "varney & co." begins right now. take it away, stu. stuart: a good morning. just as president biden goes on vacation, his administration is hit with two crises. number one, afghanistan. overnight the taliban claim control of two big cities, herat and kandahar and they are threatening to take the capital as a plan to humiliate america by burning down our embassy in kabul on september 11. second crisis, the border, 200,000-- 212,000 since in july alone, five times the
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number from last year end the secretary there yesterday at the border it was a staged affair, not i am migrated to be seen for his photo off, but it leaked tape from his closed-door meeting has him calling the migrant situation unsustainable, so what if anything will the administration do about it? we don't now. none of this has any impact on the markets as the dow jones and s&p closed at record highs again thursday. it's been straight up recently, s&p has not had a 5% pullback since october, of last year appeared this morning the dow jones will go up a bit more at least at the opening bell as we are looking for about a 70-point gain, a small gain for the s&p and nasdaq. 10 year treasury yield this morning 1.35%, not much change. bitcoin, $46,500 per coin. here's a trend, big companies delaying the return to the office. facebook is the latest as they are holding back their return to work
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until january, of next year. it's a massive trend that will affect a whole ecosystem of companies servicing office workers, food delivery, restaurants, bars, even real estate. biggest cities are taking a hit to. fda oks a third vaccine booster shot and china closes the third largest port after a covert outbreak. disney's theme parks turning a blowout performance despite covid and we will take you to the "field of dreams", what i shall appear friday, august 13, 2021, "varney & co." is about to begin ♪♪ stuart: you know that song, lauren simonetti. i just did know who sang it. there you go, casey is back.
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disney reported their first profit since the pandemic and it was a big profit, nearly a blowout. good morning, lauren this came-- the pandemic -- we have a pandemic but the theme parks of disney turned in a great performance. lauren: profits for the theme parks and if you look at that theme parks and experiences, revenue rose three 100%. we want to go out and once the parks were open -- why is that important? that unit before the pandemic was 37% of total revenue so you need that if you want great numbers, but streaming is the other big winning unit for disney. disney plus 116 million subscribers. only 90 millions less than netflix and i try to find a bad number in this report, not because i'm betting against disney, but i was saying how could it be so good and it it really is. stuart: the stock is up 4% and a big company that size, that's a big again.
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airbnb, another giant company, new industry, not quite as good of a report. lauren: airbnb is actually predicting record revenue for this quarter. the problem is cancellations and the worry is the delta variance, but that can change customer travel behavior look-- looking forward and they warned of a slower vaccination rate so airbnb despite decent numbers is a loser today. stuart: what we have next? twenty-three and me. they are a genetic testing company and they reported first thing this morning. for the first time as a public company that's the report pulling in $59 million in revenue, up 23% from a year ago. the stock is up a tiny fraction, a dollars a share on 23 and me. bring in kenny polcari as we look at futures. we will be up pre-match across the board at the opening bell with a dow jones up about 70 and here's kenny the man himself. you know i read your
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stuff and i know what you are saying, stocks can only go up. a server, that's a bold bold statement. justify it. >> listen, i am saying that's what it feels like, stocks going up like there will never be another down day on wall street and by what i'm trying to tell you is be very careful because while it feels like that that's what the market has done, we are in a place where evaluations are spread, inflation is starting to rear its ugly head and supply chain issues ahead, people putting off the return to work until january, all the things you mentioned, so i leave-- i'm a bit sarcastic when i said they can only go up because what the evidence that shows us is that investors while they wanted to be in, they are absolutely mind themselves protection for the way down because there is still the sense if we enter late august into september october,
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easily volatile time of the year that people while they went to be and they are protecting themselves for the downsides of their going along, products that actually make them short the market to protect their portfolio. stuart: yesterday i perhaps foolishly went on the air and said what about the other side of delta, what happens when the spike peaks and we start to come down with the caseload. i can see the other side of delta and i thought that was a big plus. i caught a lot of flak for saying that that i was jumping the gun, but what you say? >> i actually happen to agree. i heard someone talking about this, labor day or soon after labor day we should peak on delta and then it should start to wane and as we move into as we went for the fall so i'm with you because i think that the virus will start to taper off so we better get used to living with it and focus on the long-term care i
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don't think it will be the end of the world, but while it remains concerned, we need to look beyond and learn to live with it. that's the sense we are getting. the fact is as long as we all played by the rules and learn to get along, then we will just have to live with it. stuart: if there's a clear sign delta is in retreat, i think those back to work stocks, the recovery stocks i think they do well. >> i think you are absolutely right. you saw the worker stocks-- i think you saw the worker stocks all did well yesterday on ip that delta will continue to push companies not going back to work until january, but if it starts to retreat then you will see that change, but until then i think the work from home stocks will do well. stuart: kenny polcari, i hope you have a great weekend. >> you as well. >> thank you. this is kind of dramatic, china shut down describing it as a key shipping terminal.
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and they shut down the world's third largest port after just one covid case. that's extraordinary. one covid case? lauren: can i be more dramatic we went please. lauren: this will put your christmas gifts in jeopardy, seriously you might want to start shopping now as if the world third busiest port and why after one case why they shut the entire thing down, because they hope-- they hold the beijing olympics in february and they wanted no contagion in the capital city and they have this very strict policy. other reports have shut down in the past in june and then use the wait times for items triple. have you looked at shipping rates this year? up 200, 270% depending on if the item is going to the west or east coast so tried to get ahead of that as i think prices are going up ahead for consumers is. stuart: serious news. can to downplay that. it could be a week or two weeks, two days, we just don't know. i went to get more on
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this developing trend. i think it's a massive trend, that's delaying the return to the office and facebook is the latest to do that. lauren: until january of 2022. lauren: why go back at all at this point? i'm serious, facebook gave workers, most of the staff has options to work from home forever if you would like to, so let's say you are waiting to go back to the office and plants keep getting pushed back. if you are vaccinated, you likely won't have to wear a mask it. if we keep pushing this back, what happens? i think a lot of people will just say i'm staying home. stuart: the longer it's pushed back the more people will say i'm staying, i don't want to come back. lauren: i agree. at&t says their managers must be vaccinated by october 11, and they are working with the unions to see how to mandate or not vaccination for unionized workers. stuart: three different issues, the delay of going back to the office, axing mandates before
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you can get back into the office and there are mask mandates all over the place. lauren: what's the solution to all of that? getting more people vaccinated to get ahead of the variant and not have to wear that mask. stuart: you are king-- keen on that are you? almost pounding the table. lauren: there was a strong "wall street journal" editorial this morning about that. stuart: a similar story, the supreme court has blocked part of new york's eviction moratorium. look, the state was saying no evictions and the supreme court turns around and says you cannot do that. do have that right? lauren: there really was six-three and you have it right here this is a win for the small landlord, not paid in 17 months, but the rule only applies to cases where the tennant filed a form saying separate financial setback-- the court says you have to prove that setback, so no man can be a judge in his own case. the next governor of new york says she wants more
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protection for renters, so it's not an outright win. stuart: more protection for renters? lauren: renters see what has she considered was happening to the landlords? lauren: now-- now. stuart: democrats do not care about business. if you have money in a business they don't care about you. lauren: just pay taxes and you don't get paid, pay your taxes, pay the mortgage, but you can't get into that person's apartment who has not paid you in a year. stuart: thank you foxbusiness alert, as president biden heads on vacation on the 3000 troops had back to afghanistan, this is the taliban take over more cities. we have the real-- full report. residents in texas fed up with a record of surge of migrants of flooding across the border. watch this. >> these immigrants, illegals, as far as we feel are more important to them than we are and they still want us to carry a card saying we
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have been vaccinated and you have to wear a mask. these illegals are not told to do anything. stuart: wait till you hear what the secretary is saying behind closed doors as we have a newly leaked audiotape and it's very telling. the governor of nebraska says no to mask and vaccine mandates. is getting pushed back? i will ask him because he's on the show next. ♪♪ (judith) in this market, you'll find fisher investments is different than other money managers. (other money manager) different how? don't you just ride the wave? (judith) no - we actively manage client portfolios based on our forward-looking views of the market. (other money manager) but you still sell investments that generate high commissions, right? (judith) no, we don't sell commission products. we're a fiduciary, obligated to act in our client's best interest. (other money manager) so when do you make more money? only when your clients make more money? (judith) yep, we do better when our clients do better.
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green light for some people to get a third vaccine dose. i guess you call that a booster shot. so, who can get the shot? lauren: in menial compromise, cancer patients or those that received a organ transplant. i think this is step one in a broader campaign for third dose is for everyone that would help keep the vaccine-- as you said it only hurts if the-- helps if they get the shot. stuart: let's see if what dr. fauci has to say. he says it won't be long before everyone will need a third shot. watch this. >> no vaccine, at least not within this category is going to have an indefinite amount of protection, so too the answer of your question, inevitably there will be a time when we will have to get a boost and what we do literally on a weekly to monthly basis is following cohorts of patients to be determined if who and when should get it. stuart: that really does sound
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like a shot forever for everyone, doesn't it? that's not going to go well. lauren: for the people that decide to get the flu shot every year you might get a combo flu and covid vaccine shot. i know companies are working on that. it's just the new reality. stuart: it is. lauren: it's a nice stream of revenue for moderna and pfizer and whoever else comes on board. stuart: moderna bounced back again. now this, the governor of nebraska has come out against mask and vaccine mandates that governor is pete ricketts and he joins me now. governor, you say you can't have a vaccine mandate, can't have a mask mandates, you said that, now what pushback are you getting? >> well, in nebraska i don't have the authority to ban such a mask or vaccine mandate, so i continue to push the message that these things are counterproductive to getting the folks who are vaccine hesitant on board. i do have some organizations, tyson,
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private sector announced they would require vaccines, local hospital systems have required-- some announced they would require vaccines. some schools said they would do masks, but like i said i think these things are counterproductive to the ultimate goal of bringing folks along who were legitimate reasons are looking to see how this vaccine plays out and i think it's important that we continue to work on education, ask people they know to talk to them, asked to talk to their doctors and that's the way to get people to get the vaccine, not by making mandates. that's going to drive people in the opposite direction. stuart: i'm glad you are on the show, because the keystone pipeline runs through your state , but just the other day president biden is urging opec to increase their production of oil. once he shut down the pipeline that goes through your state you can't be happening about that, governor? >> 's executive order the first day in office, shutting down the
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keystone pipeline xl, what he did is really devastating our states from the standpoint of creating jobs, property tax relief because we get property taxes off of that, but more significantly for the country undermining our ability to be energy independent. we were energy sufficient country, we had surpluses. we could sell energy to our friends and now, we have to buy it from our enemies i mean remember opec has venezuela, a socialist country that's been a disaster for a long time, four years. iran, the largest state sponsor of terrorism is in opec. you have russia. one of our chief competitors, i mean, this is crazy to ask folks like iran, our biggest rivals in sponsoring terrorism to supply more energy to us when we could be energy independent and supply energy to our friends instead of buying from our enemies and then
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with this announcement with regards to electric vehicles, again undercuts our ability to be energy independent here. seems to be oblivious to the fact that china has most of the world's rare substance to create batteries for these vehicles. we have's technology in nebraska we are developing that if you have a plan sequestering carbon, the well to wheel carbon footprint will be lower than electric vehicle and yet with the president's pronouncement and executive order we will be moving investment away from technology that would make us energy independent, toward energies making us more dependent on our chief competitors like china and countries like iran that sponsor terrorism must be one not good. governor pete ricketts, nebraska, thank you for joining us to come back and see us soon. >> thank you. stuart: you got it. we have been talking about president biden urging opec to boost oil production took the
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governor of texas is responding to that with this tweet: texas can do this. our producers can easily produce that oil if your administration would just stay out of the way. don't make us dependent on foreign sources of energy. our sentiments entirely. if you look at the futures, you will see there is some green pretty much across the board, but no major price gains at least not at the opening bell. we will take you there in a moment. ♪♪ ♪♪ ♪ ♪ experience, hyper performance that takes you further. at the lexus golden opportunity sales event. get 0.9% apr financing on all 2021 lexus hybrid models. experience amazing at your lexus dealer.
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stuart: if you look at futures, as we approach the opening of the market you will see plenty of green, but not any really strong price gains. i think it's time we-- show me airbnb, $147 a share. look who is here, mark mahaney who has something to say about airbnb. they are warning about the delta threat. where do you see the price going? >> we think the shares will be higher. they did warn about the delta variant having a softening impact on leisure travel and so did booking.com. and expedia, but more interesting data point is the fact they said
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two saturdays ago airbnb clocked it's the single best night performance ever, the most room nights sold ever in the u.s. and they have seen on a global basis their strongest reporting since the beginning of the pandemic. leisure travel demand is coming back. delta and other variants are a wild card but there's no question there's extremely strong demand by leisure travelers to get out again and i think airbnb is a great way to play the reopening of the economy. stuart: yeah, that's it, i mean, at some point the delta virus-- variant if you want to call it that, retreats and i would have thought that would have opened the travel market again and at the back work market and the recovery market. are you looking for airbnb to go to $195 a share? >> yeah, that's right as we see substantial upside. this company is showing even in what has to be the worst possible conditions for a travel company the last year,
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this company still generated over a billion in positive free cash flow and that's in the worst travel environment hopefully in our lifetime so it says something about how powerful the business bottle-- model can be once leisure travel is fully unlocked and who knows exactly when that is. isn't likely to be in the next year or two, that's a high probability and that's why we like the stock. stuart: 195-dollar per share price tag you have on airbnb. let's move on to doordash. what's your target price there? it's 181 right now. >> target price is pretty much on par with where the stock is, 180, they are putting up some pretty dramatically impressive numbers and by the way, this stock has done well the last six months and i missed it. we did not call this. we had been on the sidelines. i've been surprised by their ability to sustain growth as they were clear covid winners as we all went to doordash in the middle of last year. turns out people are sticking with this and
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they are still doing 70% despite the fact they are growth skyrocketed last year end that's unusual in my book. i went to see two things to get bullish, so me you can expand internationally and that you can get into delivery beyond restaurants and if they can check those two boxes there's a lot of upside, but i will wait till i see that evidence. stuart: as an analyst who covers these food delivery companies, do you have to sample them? mean do you order from doordash? i've always wanted to know. >> yes, and it can be expensive-- no, i'm just kidding i don't expense it, but you have to try these services if you want a opinion and anyone can do it. stuart: okay. i will try that, maybe. mark mahaney, very interesting. thank you for joining us, mark. >> have a nice weekend. stuart: half a minute to go, 30 seconds and we will open the market. at the moment we are looking for a modest gain, pretty much across the board, 60 dow jones
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and for s&p and maybe 10 for the nasdaq. please remember yesterday the dow jones closed at an all-time record high. yesterday the s&p closed at all-time record high. we are on a roll. the market's been going steadily steadily higher and higher and higher again and this friday morning when the bell stops ringing and we start trading, you will probably see it go up a bit more. 9:30 a.m., august 13, 2021. we are off and running and from the get-go we are up 80 odd points, 90 points, we have a split field. dow 30 shows half of an up and half down. that's an all-time high for the dow-- dow jones because we had at high at the close yesterday and same with s&p. it's gone up from yesterday's closing hi. that's another all-time high. the nasdaq still away from its high. it's up at six in the opening moments today. you have to look at
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disney. spectacular earnings report late yesterday. can you show me disney? it's up 3.6%, very solid gain for a very big company. the vaccine makers bearing in mind you probably now recommend fda says yeah you can have the booster shot for some people, all the vaccine makers are on the outside this morning. virgin galactic, down again, i think they are. show me, please. virgin galactic is down. i will tell you it's down. branson-- their ego, down again 1.6%. lauren: it was a bad week for them. they had some downgrades but now the news from sir richard branson selling 300 million worth or 10 and a half million shares and he still the biggest investor with an 18% holding, but the proceeds from this share sale will support his travel and leisure businesses like virgin
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voyages. stuart: which may be in some trouble so he takes money out of this space and chucks it into leisure and travel. sophia technology, their online personal finance company down 12%. lauren: weaker outlook, wall street doesn't like that first earnings report is a public company. no fees, on my letter for student loan refinance, personal loans, but they say growth in the student loan business remains depressed and i think that's pretty obvious considering the state of our colleges and education. stuart: well said. back to doordash which we were talking to with mark mahaney. they are predicting a slowdown in august. is that dealt? lauren: because people can still go out to eat and go to a restaurant to sit outside you know. stuart: i think i get it. lauren: so you won't have it delivered to your house while you finish netflix or something. another reason and mark touched on this why the
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stock is down, if you spend a lot of money on two things, to expand internationally mark said he wanted to see that, that cost money and also for their driver. it's not necessarily to pay drivers more but advertising campaigns to recruit them and keep them in a tight labor market. stuart: it is a tight labor market and everyone is suffering from it. context logic a mobile e-commerce platform. disappointing earnings. down 20%. did they have a double downgrade? lauren: double downgrade at j.p. morgan to get from 17 to five. they said revenue doesn't justify the share price so this is a platform that connects shoppers and merchants at a time when just like with doordash people are going out so you won't be home as much as at least not right now. you might be in the future with the variance and in the last quarter the number of app downloads decreased. stuart: down 27%.
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rocket companies, the mortgage people come up this morning five and half percent. strong earnings. they have to be benefiting from low interest rates. lauren: absolutely and it's leading to more closed loans and they gave a positive outlook. they said we would have done better if they were actually more homes and more cars that people could buy and we could help them to buy so this is an inventory problem also. stuart: we are up to 66 on the dow jones, not a lot of price movement for any metrics changes spirit show me the honest company, please, that's jessica alba does company as they make household and wellness goods, weaker than expected sales because demand for sanitization project-- products is lower in the stock is down 21%. by the way, the company did not provide any future guidance. quickly to the crypto's as they are all up. we have been talking about that $600 million crypto heist that she
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was a hack, a theft, a heist. what are the hackers is saying? lauren: a couple things. they have returned the money. stuart: all that? lauren: no. poly network which was hacked and said please put in these three accounts and the thieves put it into account and a third account they kept locked. why did they keep it locked? they said this in cryptic messaging, to provide the final key when everyone is ready. and then they sent out a donation account for returning the funds. is this person a white hat hacker, good hackers trying to show us exploitations and vulnerabilities in the system or do they really want to spend the money but realized we got caught so let's try to pretend that we are good guys? if it's the latter i think it's good for crypto currencies as may be they are not as sketchy as a lot of people would imagine because you could catch a thief. stuart: hope they caught the
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thief. let's look at dow jones winners. five minutes into the training session. dow jones winners headed by the disney company, of course. they had that spectacular earnings report and they are up there in a quarter precent. s&p 500 winners, show me headed by the disney company. moderna, tyson, pfizer, regeneron pharmaceuticals all on the list and the nasdaq winners. are we going to be at-- see a big tech company on the list? no, we are not pure none of the five stocks on that nasdaq listed winners. it's been that way for most of the week. overall, we are in business for six minutes on wall street and the dow jones is up 50 points, 35,545 pure 10 year treasury yield not going anywhere really this morning, 1.34%. price of gold moves up and down, but not by much 1765. oil, where's that?
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oil price at $68 a barrel. coming up, the biden administration insists the border is closed, but behind closed doors leaked audio paints a different story. secretary mayorkas says the situation is more dire than he's been willing to admit publicly. roll tape. these numbers cannot continue. stuart: i would love to know what the policy options are. arizona congressman andy biggs wants to impeach the secretary. he will join us later. a britney spears is stronger than yesterday. i believe that's one of her songs, stronger than yesterday. her father, jamie, says he will step down from her conservatorship. we have that story. ♪♪
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♪♪ stuart: yeah, jacksonville, florida, temperatures will reach 90 degrees. at that's nothing on new york as we will get to 95. markets are green pretty much all around after 12 minutes-- sorry, the nasdaq has turned us out by a fraction. we have a zip recruiter, the online employment marketplace with the stock price up 4%. they just turned out the first earnings report since going public and that they showed record revenue they raised their guidance. maybe that's why the stock is up 4%. ian siegel adjoins me, the ceo of zip recruiter. in, first of all congratulations. that was a great report in your stock is doing well.
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i want to use you as an employment indicator. there are 10 million unfilled jobs in america why are people reluctant to go back and work and take those jobs? >> well, clearly, there's been an imbalance in the job market in that employers have come roaring back and our exhibiting a robust recovery in terms of their hiring practices. jobseekers have persisted in remaining reluctant to come back to the job market for a variety of factors contributing to that reluctance. there's the obvious one which is the fear of covid. at there's a childcare issue for parents whose kids were at home being educated online. a lot of these factors are going away and we are, in fact, starting to see a persistent rise on the job seeker side of the market as well. stuart: is that because employers are offering incentives? please, please come back and work for me. >> i mean, this is a
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once-in-a-lifetime jock-- job market for jobseekers. not only do we have 40% available jobs more than we did pre-pandemic but employers are pulling out all the stops to try to incentivize these jobseekers to come back. we have got rising wages, a record number of job offerings, a record number of job offering flexible schedules and on top of that employers are lowering the requirements for entry to these jobs so if you compare their share of jobs that require either a college degree or five plus years of experience to where we were a few years ago, it's down 50%. if you look at the number of jobs that require no experience whatsoever, that's more than doubled so employers are doing their part, doing everything they can to incentivize jobseekers to come back and we are slowly starting to see the return. stuart: you are right in the middle of this and obviously doing well. it's a great situation. not a perfect storm, it's a perfect situation, but can it continue? >> well, i mean, this is
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an unprecedented job market and i think what we are experiencing is when i call super psych and hiring demand effectively hiring backup from the jobs we lost when covid hit and we have actually recovered almost a 75% of them, so i think we will see a slow return to normal. it's hard to pinpoint the exact time. probably throughout the rest of this year, but as you get into 2022, you will see more of a normal pattern in the job market. stuart: i get the feeling that an awful lot of people didn't like the job they had in 2019, don't want to go back to it and want to use this as an opportunity to learn something new, go somewhere new and improved themselves. i think that is a big chunk of the population. is it? >> one 100%, ac ship and attitude among jobseekers as they reevaluate what they are looking for from employment and really from work. is particularly acute inside the service industry. when you look at things
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like retail or you know laundry services, manufacturing, education, any job that required extensive interaction with the public, for a lot of jobseekers that's a high-risk position and a lower satisfaction position and they are definitely in a mode of reevaluating what it they want to do with their lives. stuart: when i was looking for jobs as a young man i didn't went to deal with the general public, so i went to tv news. ian siegel, congratulations. that was a great report and we hope to see you again soon. thank you. lauren: the audience of tv news, the general public. stuart: i messa spoke. lauren: sorry. stuart: directly, face to face. i was a conductor in london dealing with the general public face to face at 11:00 p.m. when bathtubs were emptying. that's kind of a tough jobs, but i digress.
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lauren: you probably have good stories. stuart: you wouldn't believe. this is a serious story for you, office vacancies in new york have reached a record level, that's not good for real estate. lauren: or wall street because downtown manhattan can see in than 21% in the second quarter hi and it's happening as a rent continues to drop, so what's the incentive is that it's not financial to get workers back in the offices. what do you do with office buildings that are vacant if we keep pushing back returned to work with highbred schedules going forward? stuart: i have one more for you. a royal fan that would be a fan admiralty, buys a piece of prince charles and princess diana's 40-year old wedding cake. this being a financial program, the obvious question is how much did he take three to 2500 at auction and the more important question is why.
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it's covered in saran wrap in a 10 and it's been preserved since the wedding 40 years ago. it did have the original label and program inside everything cost a lot of money these days. stuart: that's not edible, is it lauren: well, a marzipan and icing, kind of last a long time. i might take a little crumb. stuart: i'm addicted to marzipan lauren: i did to, chocolate. stuart: and the white icing, hard as a rock. quite a show today, isn't it? let's get serious. american express goes woke and has employees take training on critical race theory. tammy bruce is so fired up about this, that she canceled her american express card. she joins us in the next hour. is in its newly passed if a structure built set aside on a $7 billion to install electric vehicle charging stations.
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>> 's executive order the first day in office, shutting down the keystone pipeline xl, what he did is devastate our state. of this is crazy to ask folks like iran who one of our chiefest rivals in sponsoring terrorism to supply more energy to us when we could be energy independent and supply energy to our friends instead of buying it from our enemies. stuart: the governor of nebraska earlier on this program slamming president biden's call for opec to boost production. he was right. right now the national average for a gallon of regular gasoline is $3.19. in california is $4.40 per 1 gallon of regular. let's bring in jeff from philadelphia at a gas station where they have electric charging stations. i would call that a hybrid station, jeff. is that right? reporter: you can't state-- say gas station anymore i guess, the newest gas station in
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philadelphia, $3.25. look at this, look what we have over here, a dozen tesla supercharging stations and this whether you like it or not is the future. a lot of people think that it is the focus on electric vehicles and the defocused on gas powered vehicles that's leading to these high prices. fox news did a poll shows among all things that plague us in terms of political division, violent crime in coronavirus, that thing people are most concerned about right now is inflation, 86% of people say that's their biggest concern. i show you perhaps the rising gas prices as we walk over to the sign that says $3.25 a gallon. chargers, nothing but heading upwards but i always like to leave you with a piece of positive news and that is that in the last week, that price of regular, the average price for a
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national gallon of regular gasoline-- thank you, sir, that's always helpful-- it's down 1 cent in the last week, so maybe we hit to the top. unless you have an electric vehicle and then you don't care. stuart: i'm interested in the truck driver that just blew his horn as he went past. was he blowing his horn in support because he saw the fox microphone or is he trying to drown you out because it's a fox microphone? which is it? reporter: based on my experience if you pull truck drivers they are more fox fans than not so i will say it's a positive. stuart: bring him back and do it again. jeff, you are alright and thank you for joining us and i hope you have a great weekend. see you soon. the markets, still up across the board, 50 points higher dow jones, not a huge gain but it's another gain. at the markets have been moving up and up and up. yesterday record highs for the dow jones and
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s&p, more record highs this morning. we see green this morning, not a lot but there is grain. still ahead on the show, tammy bruce, arizona congressman andy biggs, sandra smith. of the second hour of "varney & co." coming up next. ♪♪ ♪♪ knows everyone's unique. that's why they customize your car insurance, so you only pay for what you need. [ nautical horn blows ] i mean just because you look like someone else doesn't mean you eat off the floor, or yell at the vacuum, or need flea medication. oh, yeah. that's the spot. only pay for what you need. ♪ liberty, liberty, liberty, liberty ♪
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♪ ♪ [laughter] stuart: good morning, everyone. 10:00 eastern. lauren here is dancing to the music. i think she needs to go out and party tonight, don't you in. >> i wish. those were the days. stuart: three young kids, can't do that. it's 10:00 eastern. let's have is a look at this, we've got the dow up 40, s&p up 3, now the nasdaq's just gone up 1 point, so there's not that much price change, but there is some upward movement this morning. i do want to take a look at disney, i'm going to call that the standout stock of the day. bearing in mind the size of this company, when it goes with up 3.25%, you know what's happening, and what's happening is a blowout earnings report. great performance by the theme parks, terrific performance by
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disney plus. the 10-year treasury yield at the moment is down at 1.33%. bitcoin at this moment is heading higher, it's above $46,600, so you've got something of a rally in the cryptos this morning. moments ago, i think we've got the numbers, lauren, we got the numbers on consumer sentiment? >> look at the dow, it's dropping. really cut into the gains. this is an awful number. this is how consumers feel about the economy, the preliminary number for august. 70.2. i'm going to give you the expectation because you can see how disappointing it was. it was for 81.2 which would have been unchanged since july. so it was unexpected and pretty significant. stuart: it hasn't had that much impact on the market. i know it was just released seconds ago, but the dow is still up 20-odd points, so there's not been a plunge, although it is a dramatic result. that's consumer confidence reduced. can i put it like that? >> yeah. higher prices, delta variant, you know, consumers not feeling
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so so optimistic right now about a lot of things. stuart: all right, everyone, now this. two 40th anniversaries this week, and both have great significance for the present. start with ibm's first home computer introduced on august the 12th -- actually, it was august the 13th in 1981. the ibm m 5150 model was huge. it weighed 25 pounds -- wait for it -- it was built in boca raton, florida. imagine that, american made. it had 16 kill lo bites of memory. forty years ago that was the start, and look how far we've come. technology is still going forward. the other anniversary today, 40 years ago on august the 13th president reagan launched massive tax cuts. every income group got a tax rate cut of at least 25%.
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that was the reagan revolution. he broke the back of the dismal 1970s and created supply-side prosperity. i would like to say that tax cut prosperity is still going forward today, but it's not. and that's the difference in these two anniversaries. ibm's pc led to this, the smartphone. that is progress. but reagan's revolution has hit the wall. to be precise, the socialist wall of bernie sanders and senator elizabeth warren. they're taking us backwards with. the socialists do not care about the widespread prosperity that reagan launched. they want power, and they want your money. the exact opposite of ray ap began who gave us -- reagan who gave us our money back. i'm going to celebrate technology, but i will mourn the end of the reagan revolution. second hour of "varney" just getting started. ♪ ♪
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stuart: friday morning, 10:03, must be tammy bruce, and there she is. tammy, the reagan revolution is over only if the socialists get their way. so my question is, do you think they're going to get their way? >> i don't. and this is what i think americans are seeing and why that consumer sentiment number is so low. americans are watching. we are still underestimated by the establishment. we notice what's going on. it's not just covid. there certainly is inflation, but we see what's going on in washington, the spending is out of control. things that would destroy our own homes and families if we spent that way. we see what's going on with oil prices and the craziness of canceling the keystone xl pipeline and then begging opec, some of america's enemies, to increase their oil output because suddenly we're on our knees again? americans notice those things. so it's also about a lack of
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leadership. the border, the chaos there, the conflicting messages about covid. not just covid itself and delta. what china's doing. the story earlier in your program about the chinese port closing down because of one case of covid because we're letting them are the olympics, and they want a completely covid-free nation. at least a covid-free beijing. so americans are seeing chaos that did not exist before. we know it's not necessary. and i think that people -- representatives are going to be hearing from their constituents. it's a mistake to underestimate the american people. but sanders, warren, ocasio-cortez, that small group of people represent really no one. no one wants this. not liberals, not conservatives. stuart: all right, tammy. i hear you were so mad about american express making its staff take crt training that you canceled your card. that seems a little dramatic, tammy.
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i've been inspired by american parents going to school boards. for me with american express, it's a matter of judgment. when i got my first american express, it was a green card. it was a sign that you were succeeding. the brand said you were succeeding if you were able to get that card. and i've had it now for almost 20 years and now it's the platinum card. and as you stick with -- i'm a loyal person. i think brands want to create loyalty. this was a message about judgment, pitting your employees against each other, making a $2.3 billion profit last year according to a report from a whistleblower whose documents exposed this story at fox business and the new york post. they're not only pitting their employees against each other on issues of race and intersectional identity, but you're also looking at the
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nature of saying that capitalism is evil. i don't -- i wonder about the judgment and the stability of the decision can making -- decision making of a company that does that to its employees when it's about, you know, entrepreneurs, small business, americans participating in the economy, spending money. plus, stuart, they have competition. they aren't the only game in town. and, by the way, if that brand gets, it's a problematic thing for people like me, it's an action you can take. and this is hurting the country, certainly hurting schools and children, hurting the economy, and it is worth taking a stand, and it's one thing that the average american can do. there are many things we can do, and that's manager that i'm doing. -- something that i'm doing. stuart: tammy bruce, she did it. all right, thanks for joining us, tammy. i know we're going to see you again real soon. check the markets because we have, indeed, turned south. that was a negative if reading on consumer confidence.
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70 was the number, very low number actually. dow's now down 10, nasdaq down a fraction, s&p holding on to a fractional gain. david bahnsen is with us right now. you're the dividend guy. that's what we like about you, you come to us and you tell us stocks where the dividend is strong and likely to grow. so let's start with two of your picks from today. if first of all, gilead sciences. what's so great about 'em? what are they payingsome. >> well, they pay close to 4.5% dividend, but they've been growing it every year since they started paying. but what's so great about them is that they invested billions of dollars of cash -- they didn't lever up their balance sheet, they paid for it -- last year for a big transaction in oncology. they're creating a lot of drugs for cancer treatment. we all know they have remdesivir which is the biggest viral therapeutic for can covid. gilead has a very diversified suite of products, and they're
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willing to return profits to shareholders. they do what we want them to do, paying us with dividends. stuart: umi, midstream energies, etf, i believe. that's about pipelines. you've recommended it before. still going strong? >> yeah, very much. and i'm going to continue recommending it. the full-year dividend yield is over 6%. people don't necessarily see that when they look on their screen because this is a newer product, and so you get a full year over 6%, and yet i believe this company -- this whole sector has bottomed out. people say how could that be? the biden administration is so anti this industry. that's what's helping this. they're not going to build more pipelines, the pipelines we already have become more and more valuable, more and more oil and gas goes through, and people keep talking about crude oil and missing that natural gas is a huge part of the revenues in the sector. i believe with, ultimately, even a lot of the greenies are going to be converted to the belief that natural gas is necessary to
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ultimately lower carbon emissions. it's the cleaner fossil fuel. so, stuart, i am the dividend guy for you, but i'm also a reagan revolution guy because it's not over. those ideas will last forever. we may go through ups and downs with the political cycle, the ideas of the reagan revolution lead to the dividends that pay for our companies. how did i do mixing those two things together? stuart: brilliant, david. absolutely brilliant. i don't know how you do it, but you do it every week. always appreciated, see you soon. lauren's got some movers for us, and i'm looking, first of all, at the vaccine makers. >> yeah, nice gains for all of them. these are the mrna makers, the fda has green lighted boosters for certain patients and full approval likely coming in weeks according to dr. fauci. stuart: travel stocks, they're losers, aren't they? >> among the biggest losers on the s&p 500. perhaps chilled by the warning
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from airbnb and previously from expedia and bookings.com. look here, you have norwegian cruise lines, wynn resort, caesars, a all of them down on concerns of the delta variant showing down our appetite to travel in the future. stuart: what's this, figs? >> they're the medical scrubs people, and they're down 4%. they warned on margins. they said they could be pressured further if they have to spend more money to ship their products by air. stuart: the scrub stuff that you see surgeons and nurses wear, right? figs, that's them. >> i think it's a mostly women-led company as well, and they make those uniforms. stuart: i learn something every day from you. i did not know figs was into scrubs. all right, take a look at airbnb. they reported a whopping 300% jump in revenue year-over-year, but here's where the worry over the variant comes in, because are they seeing slowing down or cancellations? >> cancellations. stuart: that's the deal. >> it's not necessarily overall
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revenue because that is expected to actually be a record in this quarter. it's fear of the cancellations that's chilling the sector today, our changed behavior. stuart: well, we had mark mahaney on earlier, he thinks that's going to 190 -- >> i agree with him. airbnb is attractive to a lot of people who want to get out and about because they feel safer than in a hotel. stuart: let's have a hook at the covid outbreak that has shut down at least partially -- i think fully, actually -- one of the world's big container ports. it's the third largest, busiest port in the world. it's in china. they were shut down for just one covid case in that town? >> zero tolerance covid policy. beijing does not want -- and they do have a rising number of cases in the country, and they don't want it. they're hosting the olympics this winter, and they want to show, hey, look, we're open, we're good with, come here. the issue with the shipping companies is they've had so many supply and bottleneck issues, they've raised rates so many times since the pandemic, and a
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similar situation just happened in china in june, and customers had to wait and wait for their orders. so this is happening again, and it's likely going to happen again. so as we all start thinking about the holidays -- stuart: christmas? >> yeah. i mean, we've got to -- retailers need to stock their shelves, so they need to get stuff early. stuart: it doesn't help that chinese vaccines are nowhere near as efficacious as america's. >> they lock down completely. one worker, that's it. stuart: here's what we have coming up, britney spears calls a victory in her conservatorship battle. young folks eager to voice support for vice president harris, but when asked what she has accomplished, they're not so sure. roll tape. >> i want to get your thoughts on kamala harris. is she doing a good job in office? >> yeah, i think so. >> you name any specific accomplishments she's had since she's taken office? >> no, not any specific ones.
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stuart: okay, more of that video with college students just hate for you. homeland security secretary alejandro mayorkas telling agents the numbers are unsustainable. my next guest wants to impeach him. arizona congressman andy biggs is here. ♪ borderline, feels like i'm going to lose my mind. ♪ you just keep on pushing my love over the borderline ♪♪ oney) how do your clients know that? (naj) because as a fiduciary, it's our responsibility to always put clients first. (other money manager) so you do it because you have to? (naj) no, we do it because it's the right thing to do. we help clients enjoy a comfortable retirement. (other money manager) sounds like a big responsibility. (naj) one that we don't take lightly. it's why our fees are structured so we do better when our clients do better. fisher investments is clearly different. that building you're trying to buy, - you should ten-x it. - ten-x it?
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la joya. what did the secretary say in that closed-door meeting? >> reporter: well, essentially in that audio that was leaked by a fox source to us, stuart, he changes his tone. it's more about tone than what he actually said. he says that he feels the pain of what the border patrol agents are going through night after night, and we have seen it night after night. take a look at the video we shot just last night, for instance, that constant stream of migrants coming up from the rio grande river and going through processing here in la joya, texas. and what the secretary said in that audio that was leaked to us was that he understands that this is unsustainable, in his words, and he appreciates everything that these border patrol agents are going through. listen here to the secretary.
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>> reporter: so you can contrast that tone, that more realistic tone perhaps, with what he then said when he talked publicly at a news conference at the brownsville border patrol station. listen again. >> the situation at the border is one of the toughest challenges we face. it is complicated, changing and involves vulnerable people at a time of a global pandemic. >> reporter: now, as you take the pictures from our live drone team, stuart, i also want to emphasize some of the numbers. that headline figure for july was 212,000 encounters. but you break that down, for instance, to unaccompanied minors, more than 18,000 encounters with una i companied -- unaccompanied minors. and you look back one year ago, july 2020, it was just about 2500. so it shows you that this this,
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whatever the biden administration says it is doing, is not a crisis and are not numbers that are decreasing, they are increasing, and exponentially, it would seem, stuart. stuart: 18,000 kids in one month. that is incredible. jonathan, great report. we appreciate it. we'll see you soon. i want to bring in congressman andy biggs, republican from arizona. congressman, you filed articles of impeachment against secretary mayorkas this week. on what grounds did you file the impeach? >> well, we have two pegs there, stuart. first of all is violation of the secure fence act as well as violation of title viii. he's supposed to maintain operational control of the border, he's supposed to also detain people who are not admissible into the united states, and they're not detaining. they've moved to catch and release. he's made the border less secure. he's made the country less secure in everything from drugs to human smuggling, sex
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trafficking, also violating title 42. these, this -- these willful violations, and he admitted that they're releasing people into the country when he testified before the senate, that he has no authority to do it. he is violating the law. he's violating his oath of office, he's violating the constitution. he's made america unsafe, and what you saw yesterday was, i consider to be the dichotomy of this administration. he'll go back behind closed doors and tell the border patrol, oh, yeah, we support you, but he'll get out there and start talking about, basically, we need to be compassionate, we've got a pandemic, this is a very complicated issue. it's not so complicated when you look at we are from 40,000 apprehensions a year ago to 213,000 in july of this year. stuart: it is a catastrophe. i don't think i'm exaggerating there. 18,000 unaccompanied minors in july a alone.
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that's the first time i saw that number with jonathan hunt just reporting. 18,000 children in one month at our border. 212,672 overall in the month of july. >> yeah, that's right, stuart. stuart: the only thing we can do about this is to impeach secretary mayorkas? is that the only thing we can do? >> well, i'm sitting in the minority at the house. i can give you six things that he could do right now that would stop this and bring it under control, but he won't do 'em. i have been saying that for months. he can go ahead and basically start building the fence again. he can impose title 42. the reason that you're seeing 19,000 almost kids come in in in july -- by the way, they released over 17,000 of those kids into the interior already. it's because they weakened title 42. under president trump, that applied to anybody, and title 42 is because of health concerns because of the pandemic. you can stop people and say we're not going to allow you
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into the country. they said if you're under age 8, we're going to let you in. so what do you think happens? you incentivize unaccompanied children to come through, you incentivize family units to come through, and that's what you see happening here, and those are the people that are being caught. so we still have 16,000 unaccompanied children in our custody today, but we've released 17,000 into this country. if he would bring title 42 back into full implementation, that would be deterred. how about the remain in mexico policy? how about the northern triangle state amnesty agreements? excuse me, asylum agreements. put those back into place, and you would start bringing this border under control within weeks. stuart: i'm in full agreement, congressman, but i think they want to encourage future democrat voters. that's just my opinion, my opinion. congressman biggs, thanks for joining us. we appreciate it very much. >> thank you, stuart. stuart: former border chief mark morgan. he says illegal migrants infected with covid are covid ae
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being are released into cities across the country. did he say how many? >> that we know of, 40,000. more that go untested until they reach their destination city in the united states of america, not to mention the 32 cbp agents that have died because of covid. it's the mixed messaging that really gets people angry here because you're locking down certain cities and maces, but you're not locking down the border. you need documentation to go to many restaurants, to vote, but just come on in -- [laughter] covid or not, we're going to release you. stuart: it is outrageous. remember the teacher who quit in front of the entire school board because of critical race theory? watch it again, please. roll it. >> school board, i quit. i quit your policies, i quit your trainings, and i quit being a cog in the machine that tells me to push highly politicized agendas on our most vulnerable constituents, the children. stuart: she says she has no regrets and and already he has a
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new job offer. we'll cover it for you. it's never been tougher to run a restaurant. that's according to my next guest. he says he still can't find workers, and i want to know why. ♪ i don't want no scrub, scrub is a guy that can't get no love from me. ♪ leaning out the passenger side of his best friend's ride -- ♪ trying to holler at me. ♪ i don't want no scrub -- ♪♪
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♪ straight up now tell me do you really want to love me forever -- ♪ or am i caught in a hit and run? ♪♪ stuart: 7:30 in the morning at that beach in santa monica. not many people on the beach, of course. it's 65 degrees right now, and it's going to 77. that's your weather forecast for southern california. a new fox poll reveals the biggest concerns of voters. edward lawrence is at the white house with the list. inflation tops the list, is that right? >> reporter: absolutely. and it's clear that americans are concerned about inflation now. it is the number one thing that registered voters in this fox news poll were worried with about. 86% of the people responded that that was either extremely concerned or very concerned about inflation. that is more than violent crime, that is more than unemployment.
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now, we all see this also at pump. now, according to aaa the average gallon of regular unleaded in the u.s. has risen to $3.19 a gallon, that's today. it's closer to the record price of $4.11 a gallon than it is to the price we paid a year ago. senior white house officials tell me they believe inflation will settle down, they just can't tell me exactly when that will happen. the president of purdue university, mitch daniels, former governor of indiana, former director of omb, says this administration is in denial. >> i hope that the white house in their denial of the possibility of this serious problem, i hope they're right because inflation is a regressive tax. it's a very unfair to savers and very dangerous to the future economy. >> reporter: now, in response to the rising gas prices, president biden is not considering any reversals on his energy policy. instead, he wants to
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investigate. >> recently, we've seen the price oil companies pay for a barrel of oil begin to fall, but the cost of gasoline at the pump for more american people hasn't fallen. that's not what you'd expect in a competitive market. i want to make sure that nothing stands in the way of oil price declines leading to lower prices for consumers. >> reporter: and he had his national security adviser write opec, urging them to produce more oil. the president right now on vacation. back to you. stuart: we hear you, edward lawrence, at the white house. i want to bring in lenny rosenberg who knows a thing or two about the restaurant business. this is a business knows. so let me start with this, lars. i want to know why can't you get folks to work in restaurants these days? what's the problem? >> morning, stuart. thank you so much for having me on the air today. well, the major problem with
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getting workers today is unemployment and extra $300 that they've been giving all the workers for over a year now. it's just, it's kind of insane at this point to be giving an extra $300 when, you know, there's so many jobs to be gotten at this point. there are so many restaurants dying for workers. we are suffering at this point. overworking, overworking the workers that actually are working hard in the restaurants today. stuart: do you think there's a number of people who used to work in restaurants got the opportunity to leave the industry and don't want to go back because they don't like the work? >> pretty much so. i mean, it's a tough business. i've been doing this for over 30 years, and it's only gotten tougher. and now with covid we've had to adapt to so many new rules with separating 6 feet apart, wearing
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masks, separating a to go area for delivery and pick-up. there are so many complicated situations, putting up plexiglas, putting up -- outside for outdoor seating. it just goes on and on, stuart. stuart: have you got a solution to this problem? >> one of the first things i would do is start raising interest rates. if the the fed raises interest rates, the banks will have the raise interest rates, and it will cause consumers to slow down spending which will bring down inflation and also will help workers get back to work. stuart: they're not going to be spending much money in restaurants if you've got nasty inflation and rising interest rates. i mean, sounds contradictory there. >> well, stuart, my explanation for it is inflation is only causing us to raise our pricing. if you raise interest rates, it's going to bring down the cost of inflation which is going to help us lower the pricing.
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you know, our food costs have gone through the roof. we need lower food costs at this point. not only having workers filling spots in our restaurants, but if the food costs come down, it will help us dramatically. stuart: all right. i'm looking to the future, and i see that san francisco is requiring proof of vaccination to get into a restaurant. that would surely be very bad for business, wouldn't it? >> yeah, you know, stuart, i'm not against that, but the major problem with that is there's no protocol. they're just throwing it in to us. they're just saying, hey, check for vaccination. they're not giving us any ways of doing it. you know, someone can come in with a copy of somebody else's vaccination card. what are we supposed to do, check their id also? in then you're going to cause arguments for customers, it's going to cause a whole bunch of problems for the restaurant industry.
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stuart: we're glad you could be with us, lenny. it's a shame you're in such a dire situation is. but one thing you've got to hope for, in my opinion, would be that the spike in the delta variant eases off and we can see the other side of the spike. when that happens, the situation improves and maybe you've got a way out of this. but in the meantime, i think you're going to suffer. lenny, thank you very much for being here. you know what you're talking about. >> thank you so much. take care, stuart. bye-bye. stuart: thank you. and then there's more. the supreme court just weighed in on indiana university's vaccine mandate. what did the supremes say? >> justice amy coney barrett allowing indiana university to require student vaccination. it is the first case about vaccine requirements to reach the high court, and it could clear the way to mandate more vaccinations. now, this is what the students said. look, you forcing me to get vaccinated relinquishes my rights to matriculate at your university, but the flipside of that argument is, well, you can go to another university, or you
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can create an exemption for yourself, and indiana university would honor that. stuart: it went to the supreme court, and the supreme court says, yes, you can mandate the vaccine for college kids can at least. >> [inaudible] stuart: coming up, tropical storm warnings now in place for parts of florida. tropical storm fred is near. we've got a live report on the storm's path coming up next for you. a big win for the free britney cause. we'll tell you all about the latest developments in her conservatorship battle right after this. ♪ but now i'm stronger than yesterday. ♪ now it's nothing but my way. ♪ my loneliness ain't killing me no more ♪♪
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adam: hey, stuart, still on the move, winds at 35 miles an hour. this is the path thus far, really running over a lot of those caribbean islands. when it does that the, it weakens a little bit. it's going to get back out over open water, allow it to strengthen. as of today running just along the northern side of cuba, kind of a bull's eye there, unfortunately, for southern florida and the florida keys hitting late tonight, really into early tomorrow. these are our tropical models. still a little indecision but mostly in agreement that we run over the florida keys, eventually up to the florida big bend, perhaps landfall once again, apalachicola in that area would be a spot to be paying attention to next couple of days. your timing on this one, saturday morning, saturday running over the keys and getting into south florida. that's when you start to see heavy rain running along the coast. on sunday before possibly making landfall up along that florida big bend area, late sunday night into monday morning.
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again, for now still kind of sloppy, but as it makes that move, you start to see heavy bands of rain early tomorrow morning entering places of south florida, and that's the biggest concern, the rainfall, stuart. we're talking about in some of these areas getting up to 6-8 inches. i do think there's going to be isolated areas where rain gets up to maybe 10 inches. the winds, it'll be there, but this is the big story with this one, it is a rain-making storm, and that's what we're really paying attention to. just a reminder of where we are in the hurricane season, a good reminder of what's to come. we are just at the very beginning of statistically when these things ramp up, is so we could see a very active next six weeks or so, and here we are beginning with fred. stuart: we consider ourselves warned. adam klotz, thanks very much, indeed. let's get back to lauren. coinbase up 3%. >> up 3%. cryptocurrencys are doing very well today. i'm reading some comments from the coin loan cofounder and he says, look, regulatory
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crackdowns will lead to wider adoption. so cryptos are doing well today, and and coinbase is a beneficiary of that. stuart: pilgrim's pride. >> the chicken people. up 20%, new high. stuart: 20% up? >> here's the story, jbs, they want to buy the remaining shares of pilgrim's pride for 26.50. we have this big rally so they can own several companies. stuart: i understand. nice rally, 20%. tell me about microsoft. >> just a few cents shy of a new -- well, they hit a new all-time high, 292 today. so, yes, your company -- [laughter] stuart: my company? i wish. >> well, i say that because every time microsoft does really well, we get an e-mail from one of our colleagues that says stu's beloved microsoft. just hit another high. [laughter] so i answered that e-mail back, and i said, well, how many is it now? stuart: it's gone straight up. >> like, every other day. stuart: charlie brady is the guy who's always referred to it as
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my beloved microsoft. well, yeah. i amarather keen, very fond of this company, got that tell you. let's look at disney. now, we got the blockbuster earnings report, we told you all about that. but they head this call with the -- held this call with the with the analysts. anything new? >> they're experimenting with new and different ways to release movies to pack a bigger punch. so "black widow" was simultaneous in theaters and on disney plus. they have a new movie coming out that's going to be exclusively in theaters for 45 days? if why -- why? on the call bob iger's name was mentioned and they discussed this maybe to give him some cover because they're being very experimental right now, and disney's transforming the industry which is being transformed by covid. stuart: so they get 45 days in the theater, just one movie, then they can put it on the streaming service. >> right. whereas "black widow" was
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simultaneous. stuart: yes. >> so they're just doing, honestly, whatever they want to do right now. is it working? if yeah, 116 million streaming subscribers. if you add hulu to that, it is 171. stuart: has this got anything to do with johannson, the actress -- >> it could. but the decision was made before that, but you are correct, it could. stuart: okay. we need our daily britney spears update. i understand she's won a victory in her conservatorship battle. what's the win? >> her father jamie will no longer be in control of her finances, major reversal after more than a year are of fighting in court. he says he'll step aside to assure an orderly transition to a new conservator, but we don't know when he's going to do so, and we don't know who that new conservator is. stuart: and she will have a conservator in the future. >> seems so. stuart: got it. coming up on the show, are mask
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mandates killing gyms? i will ask the ceo of the fitness company beach body. he's here live and he's next. young folks eager to voice their support for vice president harris, but when asked what she's accomplished, they're not so sure. watch this. >> i want to get your thoughts on our vice president, kamala harris. what do you think of her? is she doing a good job in office? >> yeah, i think so. >> can you name any specific accomplishments she's had since she's taken office in. >> no, not any specific ones. stuart: i more of that video with the college student who shot it right after this. ♪ who are you, who, who. ♪ i really want to know. ♪ who are you, who, who ♪♪ eward, i see one element securing portfolios, time after time. gold. your strategic advantage.
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♪ i'm walking on sunshine is, whoa. ♪ and it's time the feel good ♪♪ stuart: well, there's seattle with people. 67 degrees right now, but it'll go -- get hot, going all the way up to 93 degrees later on today. i want to bring in ophelia jacobson with the campus reform organization. she spoke to students at georgetown. they told you they were proud of vice president harris but couldn't explain why. take us through this, ophelia. >> that's exactly right.
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so with the recent polls showing 48% of americans disapprove of the job that kamala harris is doing in office, i wanted to see if college students produced the same results. so i asked college towns if they were proud of kamala harris x what i found is that my generation seems to be her biggest fans. but when i asked students to name a specific policy or accomplishment they're especially proud of, take a look at what happened. i want to get your thoughts on our vice president, kamala harris. what do you think of her? is she doing a good job in office? >> yeah, i think so. i feel like definitely it's amazing to have a woman vice president. i think she's doing great. >> yeah, i think she's doing a pretty, pretty solid job. >> can you name any specific accomplishments she's had since she's taken office? >> no, not any specific ones. >> i think she has a -- hmm. >> no -- [laughter] honestly, i don't follow politics. [laughter] stuart: you edited that down, i'm sure.
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how many people did you interview i altogether in. >> we interviewed about a dozen students, and what i found was the trend with all of these students was the number one thing they were proud of was that she made history as being the first female vice president. but look, stuart, last time i checked, excellence isn't measured by race or gender, it's measured by action. as a woman, i want to be respected and promoted in the workplace because of my work and the content that i produce, not because i'm a female. and there's also the double standard here. i can did a video last year with the leadership institute's campus reform talking about supreme court justice amy coney barrett asking students if they were proud of the fact that she's the first mother with school-aged children to serve on the court, and these students weren't proud of her. you know why? because she was a conservative and because she was nominated by former president trump. so there is hypocrisy in the left's game of identity politics that is based on race and gender rather than accomplishment. stuart: keep bringing it to our attention please, ophelia.
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come back soon. we'll see you later. all right, take a look at amazon. the stock price down to the 3200 level now. by the way, they are filming another "lord of the rings" tv series. however to, i understand it's not going to be filmed and produced in new zealand -- >> no. stuart: where are they going? >> season two goes to the u.k. you have very strict lockdown rules in new zealand, and you have a cast where more than half of them are british. so because of all these rules, they weren't able to return home. it would be two years. so season one premieres amazon prime next september, but, you know, i think this is a big loss for new zealand. they really encouraged production there. they gave rebates, and they have a lot of tourism as a result. people went the new zealand because that's where "lord of the rings" is filmed. stuart: new zealand has a problem in that they they eradid covid by absolutely closing down the company. you can't go in without spending 14 days in quarantine. so what do they do now? if you're not going to let anybody in -- if you let anybody
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in, you're going to get the delta variant. so they're stuck. stuck with no covid, but it's a huge problem for them. >> they're going to start opening their doors in 2022 for vaccinated passengers. stuart: i haven't seen my son now in three years, grandchildren -- >> three? stuart: it might actually be more. my daughter's wedding in america, four years. >> such a sad story when you think of what the pandemic has done to families. stuart: however, we'll get over this thing. now, lauren, thanks very much, indeed. you're done for this hour. >> oh, okay. stuart: not just yet, we're going to bring you back for friday feedback. >> get some food. [laughter] stuart: certainly not. we'll bring you back, that's a promise. and we also have in the next hour sandra smith, jonathan hoenig, the ceo of beach body company as well. next, as the taliban retake more cities in afghanistan, it's hard to know whether what's happening over there is a disgrace or a tragedy.
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perhaps it's both. i'll deal with it next. ♪ hard to say what it is i see in you. ♪ wonder if i'll always be with you? ♪ words can't say, love can't do enough to prove it's all for you ♪♪ sher investments is different than other money managers. (other money manager) different how? don't you just ride the wave? (judith) no - we actively manage client portfolios based on our forward-looking views of the market. ... only when your clients make more money? (judith) yep, we do better when our clients do better. at fisher investments we're clearly different. [engine revs] ricky bobby, today the road is your classroom. [engine revs] now let's go borrow a boat and make some bad decisions.
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mandates and these things are product ever to getting the vehicles who are vaccine hesitant on board. >> there has been a sea shift in attitudes amongst job seekers any job that requires extensive interaction with the public, a lot of job seekers that's a high risk position and a lower satisfaction position. >> gilead is a diversified suite of products. >> be very careful, we are in a place where all these other reaching stocks will rear its ugly head and investors while they want to be in, they are absolutely buying themselves protection for the way down. >> ♪ feeling hot, hot, hot ♪ stuart: that is very apt music, hot, hot, hot, because new york city is going to be extremely hot today a repeat of yesterday 's 95 degrees that's what we're expecting and it is
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11:00 eastern time and it is friday, august 13, straight to the markets, plenty of green, but there's not that much upside price movement. the dow is up 20, s&p up 3, nasdaq up 8, how about bitcoin, i believe we've recovered yeah we have, 46, 500 on bitcoin, all the cryptos up today. i think it's time we brought in mark tepper, the man with the energy and the big smile. all right >> what's up, stu. stuart: yesterday, i went on the air and i said look i'm thinking about the other side of delta, where cases stop speaking , we start seeing fewer and fewer cases. i think that's a big positive and i think we may see that sooner rather than later. now, i'm right out on a limb with this. are you with me? >> i am, man, and i sure hope that's the case and i'd also say i think the stock market and the bond markets agree with what you just said there. i think they've put covid in the rear view mirror because look, this economy has been very very resilient.
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you look at the s&p it's making a new high almost every single day, stu. i think we've seen almost 50 times this year a new high, so that's absolutely crazy. the yield on the 10 years climbed up quite a bit this month, and i think investors and people in general, i think they are beginning to understand that look, this is never going to go away completely. it's here to stay. we need to learn to live with it there's obviously a risk associated with the virus and people just need to make their own decision as to how they mitigate that risk but i do agree. i think cases have obviously been climbing, but, on a percentage basis hospitalization s and deaths, while the numbers not negligible it's not where it was during the first wave. stuart: yeah, i just want to bring this up. earlier this week, you put a picture on twitter of your dog, or a dog. >> [laughter] stuart: and asked if you should get this dog for your son. everybody wants to know, did you get the dog? >> oh, my god, stu so that thing is going to grow to be over 100 pounds so my son and i,
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we're outnumbered there's two of us, we got three girls we rarely win in these stations, stu but i'm happy to tell you, yes. we are going to get that beautiful little beast, and shout out to ohio corso kennels the breeder, check them out they took that awesome pic i posted so two big questions, stument number one who picks up the poop i don't want to do it. and the second question, what do we name him so the breeder has been going with pretty boy floyd which i think is pretty cool. i like that or maybe rico suave tepper, so folks i need help. everyone hit me up on twitter and give recommendations on good names for this little guy. stuart: i'd not be offended if you called him "varney." >> [laughter] i kind of like that, stu. stuart: i shouldn't have said it but i do find it interesting that pet ownership went straight up during the pandemic and the lockdown. i mean, i've never seen gains of that magnitude. something like 20% more people got a pet during the pandemic
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and you're one of them. >> i think they were home, had a chance to train them all that stuff, right? and it gives you something to do man's best friend, right? stuart: whatever you say. you need a friend in washington get a dog. that's what i recall, anyway, tepper, you you are all right, you've got a great smile. >> thanks. have a nice weekend. stuart: you got it, man. now this. it's hard to know whether afghanistan is a disgrace or a tragedy. perhaps it's both. afghanistan is falling under the control of the taliban. they've taken control of several provinces already, overnight they claim to have taken two large cities. they are marching on kabul, the capitol and it is surrounded there are reports of mass executions and truly brutal treatment of women. our retreat looks a lot like saigon, 75,, when desperate vietnamese caught to get on board american helicopters taking off on the roof of the
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american embassy, the communists were coming, everybody wanted out. now president biden is begging the taliban to leave our embassy in kabul alone. he's sending 3,000 troops back to evacuate it. just a month ago, the president said we would not be seeing helicopters on the roof of our embassy and that a taliban take over was highly unlikely. now, as the takeover is almost complete, the president goes on vacation. the optics of this are terrible. when a great nation is run out of town, it's a humiliation, and they maybe worse to come. the taliban want to burn down the embassy on september 11, 20 years after the islamic terror attack that got the war started. it is a disgrace that it came to this. it is a tragedy that is still unfolding. sandra smith is here, and this is a serious subject, and we'll get serious on it. look, is it a disgrace or is it a tragedy, or is it both? >> i'm just coming off hosting
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two hours on fox news channel. we spoke to many of our guests about this. by the way general jack keane, very firmly stating this morning , this is a frustrating moment. went as far as calling it an embarrassing retreat, a hasty withdrawal. looking at the time line, i just wonder, stuart, what were the generals advising president biden, when he made this decision specifically the timeline with which to carry out this retreat? because you talk to these military experts, and all of them point out one very important fact, and this is happening. this withdrawal is happening in the middle of fighting season, for the taliban. it would have been better to push this into the fall, to the winter, and then on into next year, but right now, this is a very opportunistic time for the taliban to seize control of what is now as of this morning control of i believe even the latest 14 of the 34 provinces or 14 of the provincial capitols i should say. what does this mean for us here at home, stuart?
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mike pompeo on hannity last night, weakness begets war. he's warning this puts the u.s. now at greater risk of terror attacks. we are approaching september 11 quickly here. we're mid-august. the timeline of this is obviously questionable. stuart: it's great, but what should be done? i mean, we're not going to go back in there. other people -- >> well we are 3,000 troops have to go in and evacuate the embassy. stuart: that's it. >> president biden predicted that would never have to happen. stuart: yeah, so what do we do now? are we going to send more troops back in again, in great numbers we aren't going to do that. >> it depends. stuart: it is a humiliation. >> think about the situation that we're in now where president biden is saying please , please, leave our embassy alone, to the taliban we are asking this. stuart: that is a humiliation, to beg them to leave the embassy alone, please, when they've already said we're going to burn that thing down on september 11. it is a humiliation, an embarrassment and humiliation
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>> there's no doubt it's a remarkable development, and then as far as what we do now, dan hoffman was on with us earlier this morning and he was basically suggesting what we can do right now is coordinate a strategy outside of afghanistan, work with our allies, which should have been done. it would have taken longer we wouldn't have made this deadline initially, but there needs to be a time for a coordinated strategy outside of there. i don't know things have gone pretty far at this point though, so i don't know that we hear from president biden today. this weekend he's on vacation. stuart: that's right. >> but it is remarkable and i sit down and see that stuary varney's main question in hisa block is did you get a puppy during shutdown? stuart: that was before we dealt with afghanistan i've got more serious stuff for you so hold on >> i'll stand by. stuart: you've seen this , the new fox poll 86% of voters are concerned about inflation, 81% concerned about violent crimes, 73% concerned about china. these are biden problems, they
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surfaced on biden's administration, and he's on vacation. >> i was just talking to the co -anchor with bill hemmer this morning asking the questions. what is happening right now that is moving us in the right direction when it comes to the border, when it comes to crime, when it comes to china, i mean, this is certainly a moment for this country where we have to ask, what is going to happen next? when you look at crime in american cities today, stuart, when you look at results at the ballot box, there is one very important question, pocketbook issues of course always top of the list, but one of the most important questions that voters ask themselves when they head to the ballot box, do i feel safe in my town? is my family safe? right now, the answer for many of us unfortunately is no. i mean, you see this crime popping up across america and you think what is happening? what are we going to do to get it under control. stuart: everybody has a phone these days and all this violence stuff you can see it, on a daily basis. >> heartbreaking.
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there will be consequences. stuart: we're in a negative environment in the moment, border, crime, afghanistan, you name it, it's not -- >> this border mess, it is an absolute mess and we tried to get the covid situation under control i was speaking to one of the border mayors down there this morning. i mean, they can't do anything. they are out of resources, their towns are flooded they've got double-digit percent of their populations now that are testing positive for covid. i mean, these migrants are coming in and many are sick carrying the virus over the border, so they are pleading at the federal level to stop, close the border at least for now, get covid under control , and let's have law and order. stuart: 18,000 children in july alone at the border. 18,000. >> every week it seems like when we get those border numbers it's just record after record. stuart: shocking but thanks for taking time to be with us this morning. >> always good to see you. stuart: appreciate it. >> thank you. stuart: hold on a second. the pro producers insist i talk to you about the markets because
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you have a background in finance you used to be a trader. >> and i live and die by watching these markets. stuart: here is my question. i'm an older sort of guy and i made some money and i'm worried that if i just let my money ride , we'll have a nasty correction on the market just as i retire. >> well that's the thing of a nasty correction, a correction is a sell-off at 10% or less. stuart: or 20%. >> its got to be 20% to be a bear market but a correction could actually be healthy but i think what you have to ask yourself is this , which it is a strong recovery that we are see ing. is that the result of any one economic policy put in place by this current administration stuart, or is that just simply the doors were allowed to reopen for so many of these stores and restaurants and small businesses and this is just the recovery we're seeing. stuart: it's the recovery from covid and a wall of money from the federal reserve and congress just hitting the economy. >> there's nervousness about this delta strain, you saw the study from mayo clinic that
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some of these vaccines are more effective against delta than others, pfizer is like a 45% effective against delta, moderna is better, people are worried that covid is really really making a comeback here and that could spook markets. i'm not making a prediction on your show. i'm an anchor, now, not a trader stuart: should i sell say half of my -- >> that is an opinion stuart and i will not lend that. your microsoft stock, do you still own all of that? stuart: sure. >> oh, god. ten years i think i sat on this program with you and we looked at microsoft it didn't budge for a decade. stuart: truth. >> and you still own it? stuart: it's true. i bought it 20 years ago and it didn't do very much. >> i remember. stuart: 12, 13, 14 years. >> hang on to it now. just ride it out. stuart: all right, all right, you have a great weekend. okay? >> thank you. stuart: see you next week. all right we'll be watching your show which is "america reports" 1:00-3:00 p.m. eastern on fox
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news. >> thank you. stuart: now this , beach body. the at-home fitness people, you know this. a 55% spike in subscriptions last quarter. are people ditching brick-and-mortar gyms for good? probably not, but i'll certainly ask about it with beach body ceo , he's coming up on the show. all across the country, parents split on the issue of masks in schools. my guest says he is the president of a school board, that will require masks. how does he feel about that and is he getting pushback? i'll ask him, plus remember the teacher who quit her job to protest critical race theory? roll that tape again. >> i quit. i quit your policies. i quit your training and i quit being a cog in a machine that tells me to push highly politicized agendas on our most vulnerable constituents, the children. stuart: that teacher does not regret what she did and she's already got a new job. we'll deal with that, next.
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with over 2 million satisfied customers, golo is the new way to lose weight. this is the only program i have ever done that i have never deprived myself of anything. (announcer) if what you're currently doing to lose weight isn't working, or you feel like diets don't work, you're right. don't give up. get golo. go to golo.com and get your life back, with golo. (chorus) golo! stuart: we're back with a check on the markets i see some green but not a whole lot of it and i've got to say good morning, susan. welcome back. >> thank you, great to see you so let's start with pilgrim's pride because it's a stock that maybe you haven't discussed yet, but look at the earnings. it was fantastic, and the stock is up from 20% isn't that great? stuart: not a bad gain. >> i want to show you also what's happening with palontier. i just checked the most active stocks now on the exchanges and
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despite the fact that it's down, there's a lot of movement in the stock, because cathie wood has bought in once again to palontier. she's giving a thumbs up to this data analytics company and amd is taking over disney as the best performer today on the s&p. look at that, close to 4%. now this stock just a few weeks ago was worth around $90 so you're up almost 20% in a matter of maybe two weeks or so. stuart: that's a mover. >> then just want to show you the meme play, the clover health which you have covered today but also robinhood and contact logic which is wish, one of the largest e-commerce sites. there's a countertrade. robinhood is up 5.5% clover health the context logics down a lot so moneys coming out somewhere going back into somewhere else. stuart: do you think it's moving within those stocks and coming out of clover health, going into robinhood? >> well what i found interesting was that actually fundamentals matter when it comes to the meme stocks, especially with the disappointment that we saw
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in earnings overnight with wish and contact logic but robinhood, it's still a $50 stock, isn't that interesting? stuart: what did it go out at? >> it went out at 38 but it hit a peak of 80 remember? stuart: yes it did that's right. that's right. >> pretty good. stuart: okay susan hold on we've got more work for you in just a moment. earlier this week dr. marty makary appeared on this program and he's outspoken on the issue of kids wearing masks in school. he does not like it. roll tape. >> we've recommended blindly that 56 million children in the united states k-12 wear a mask with zero data to support these cloth masks, we're coming on two years of kids losing that human connection, of not visualizing expressions. stuart: all right, he doesn't like kids wearing masks in school. here is the president of the frederick county school board in maryland. jay mason is is with us. jay welcome to the program. it's good to see you, sir. in your district students will
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wear masks. the doctor calls that abusive. what say you? >> we are going to keep our kids safe and healthy and there are several studies out there on the cdc website, i think there's about 15 that i saw, and they show that masks do help stop the spread, keeps their kids safe and it keeps their kids in school. we don't want to have a lot of quarantining, we want to keep our kids because we know that our kids when they're in school, that's where they learn the best , and we want to make sure that all of our kids are safe and healthy. stuart: are you concerned that kids in masks don't socialize? i think it's very important that people see the expression on each other's face, that they learn how to talk to each other and wearing a mask, you can't do that. there's some suspicion that you don't learn very well wearing a mask anyway, regardless of your socialization. have you know concerns about that for your kids?
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>> so we had our kids in school about 3,000 to start the school year last year. we increased those numbers, we had over half of our kids in school two days a week, and then we increased our elementary kids to about 80% towards the end of the school year, and there were no complaints about socialization. i have two sons, and when i would walk and get my sons from school they forget to take their mask off and they still had their friends and still had their classmates in class with them, and there were no issues with socialization. socialization is about being near people and not always what the facial expression is going to be, so the socialization part is there when kids are in the school building. stuart: okay, how much risk is there, if kids are wearing masks , just how much risk is there, the transmission of covid amongst very young children in school?
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what's the risk? >> the risk is high, higher if they don't wear a mask, so -- stuart: how do you mean high? when you say high, the risk is high, quantify that for me. >> i don't have the numbers in front of me to be able to quantify that. i know that there are studies out there that have shown that when people wear masks, the risk is lower for transmission. we want to keep our kids in school, and the best way we can do that right now, especially for unvaccinated children, kids under 12 that we can have them in school, we proved that last year. we can have them in school with masks. stuart: okay look it's a controversial issue, we're very pleased to hear your side of the argument here. there is another controversial issue and that is teaching of critical race theory. do you teach critical race theory in your school district? >> there is no curriculum out there for critical race theory so in order to be able to teach critical race theory, we would
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need a curriculum and if you ask the makers of the critical race theory, they were harvard scholars, it was meant to look at laws and social structures and see how the social structure s are setup to benefit certain people in our community, and so there's no curriculum for critical race theory so we provide resources for our teachers to be able to teach history as it it's written, as it was played out, so we don't teach critical race theory because there's actually no curriculum that is setup to be able to teach it in schools. stuart: okay. jay mason, thanks very much for joining us, sir the other side of the argument we appreciate it and we'll talk to you soon. >> thank you very much. stuart: you bet. universal studios in orlando will require all team members to disclose their vaccination status. it's not requiring workers to get the jab but you just got to
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tell them you have it or not. they will tell them, however, that you've got to wear a mask indoors and that's universal in orlando. all right, just outside orlando, you will find the villages. popular retirement community and according to the u.s. census bureau, it is now the fastest- growing metro area of the decade. the villages population grew nearly 40% over the last 10 years. there is 60,000 homes there right now, with plans for more. i'm told that we're very popular in the villages so congratulations, folks. you're expanding. all right, well the two dozen people test positive for covid on board a carnival cruise ship. all of them were vaccinated. we'll tell you what carnival is doing to contain the spread. president biden canceled the keystone pipeline on his first day in office. now, he wants opec to pump more oil. jeff flock is going to get into that for us. >> ♪ ♪
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stuart: ocean city, that's new jersey's ocean city, 88 degrees very sunny and getting hotter than that too. the markets, nothing hot about the markets today. very very modest price gains all over the place, and look whose here. jonathan hoenig, and man, has he got a headline for us. let me tell you about it. jonathan hoenig is shorting apple. ladies and gentlemen, that means he is betting with his own money that apple is going down. what are you some kind of communist here, jonathan hoenig, what's going on? >> i assume, stuart, that's why you were playing "cruel summer" when you introduced this segment because its been a very cruel summer. look you've gotten your ass handed to you shorting tech stocks or the market stocks have been up five or six months , 70% of stocks are above their 200 day moving average and stuart the old saying is don't fight the tape, and i've been doing just that. i've been fighting the tape as the market continues to go to all-time high, all-time highs. that being said i look at the
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stocks like apple, stuart 150 today, it was is hundred just a year ago or even your microsoft , you know, you've been a huge winner on that one. it's $300 today, it was 200 just a year ago, so we've come a long way, i still think there's room to fall. stuart: it's very risky though, isn't it? betting against apple, i mean, how much of a decline can you expect? can you really see it going down say 200 or 150, really? >> that's one of the things about something like apple to really be a contrarian you have to zig when everyone else zags. you mentioned microsoft was dead money for 12 years. believe me in 1998 people were saying the same thing, how can you bet against microsoft. the most important thing to know about selling short, however, is that you can lose all of your money, and then some, because of course the stock can keep going to the sky while it can just fall to zero so if any of our viewers want short stocks only do it with a small portion of your portfolio, don't bet the farm as they say but i do think that it is a smart idea given the fact stocks have come
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so far, and giving the warning signs on the horizon everything from biden spending to inflation , to perhaps unrest in the middle east. if not now win having some money on the short side. stuart: you're talking to the right guy because i'm very nervous. i've watched this market go up pretty much straight up for 12 years. i know we had a nasty dip last year i got that, that was the pandemic. but we've gone straight up. i get very nervous at my age when i see things going up constantly, how do i know that i'm not going to try to retire and as soon as i retire along comes a massive sell-off and i'm short in my pension fund. i'm nervous in the same way that you are. >> yeah, well jpmorgan had an answer to that, stuart, the famous to say sell down to the sleeping point. so if your portfolio is literally keeping you up at night, maybe it's time to take some chips off the table and to your point about people getting close to retirement, we always talk about, stuart, as you get close to retirement your portfolio needs to change as your lifestyle changes, so
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this is why somebody i know you're only in your mid-40s but somebody in their 60s or 70s should have a slightly less aggressive portfolio than somebody a lot younger with more time to work it off. stuart: i don't know whether to sell my half of my microsoft or not. what do you think? >> well if i'm going to sell what you want to do is sell on the way down. so let's say microsoft is at 300 now i'd put a stop loss order at 290, stop loss order at 280, and that way, if the market falls, you can get out with some gain but if it rallies you're still in the market and can still enjoy those gains on the upside as well. stuart: jonathan hoenig my personal financial advisor who gives me free advice wonderful stuff. jonathan -- >> happy to be with you. stuart: have a great weekend see you soon. let's talk gas prices. the national average for regular is now 3.19. by the way the governor of nebraska, pete ricketts was on the show earlier really critical of president biden's energy policy. just watch this for a second. >> his executive order on the first day in office shutting
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down the keystone pipeline xl what he did is really defer as tate our state. this is crazy to ask folks like iran whose one of our cheapest rivals in sponsoring terrorism to supply more energy to us, when we could be energy independent and supplying energy to our friends instead of buying it from our enemies. stuart: well said on this program, earlier. jeff flock is back with us. now he's at a gas station in philadelphia. jeff, i know it's a hybrid station, because you've got a charging station next to you and you've got gasoline just down the road and the same station. can you do a comparison? i want to know, how much would it cost to recharge fully a tesla, for example, from that charging station, right behind you. reporter: and you're going to be very surprised at the answer, stuart. this one right here, we just talked to the guys charging, they have a 300-mile battery, in terms of how long it goes. $9 is what the cost is to fully
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charge that battery from almost out. now, compare that to gasoline prices. well, if you look what they are now compared to what they were a year ago, yes they are up to $ 3.19 from $2.17, but i just filled my vehicle up too. i've got about a 16-gallon tank at $3.19, 16-gallon tank, well you do the math. $9 versus whatever that was, i think it was about 50 some dollars i paid. so there you go. stuart: how long did it take? reporter: it's the future maybe not the present. oh, yeah that's a good question. stuart: how long to recharge? reporter: 15 minutes he said it took him, which is a little bit of a problem. the guy i talked to was on a road trip down to south carolina from new york and he said that's the only downside, it takes a while to charge. but 15 minutes you can go in and use the whatever. stuart: actually, look i'd say that's pretty good. 15 minutes, you pay $12 and
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you've got a full charge on your car versus $3 a gallon, for a 1$ 40 a fill-up that's quite a comparison. that's great, jeff. reporter: if you find one of these places you've got to find one of these places and make sure you can get charged when you need it but other than that i tell you, not a bad deal. stuart: sounds good to me. reporter: looks like a gas pump too doesn't it? stuart: almost. just be careful what you do with that. jeff, thanks very much indeed. we'll leave you to yourself. see you later. i've got more on tesla. this is interesting, because elon musk is in germany right now, he's in berlin looking at his factory there to produce them. he's meeting with angela merkel and made a huge splash in europe , so when's that berlin factory going to open? >> it's not just angela merkel did you see him with the photo journalist with the possible new conservative candidate to replace angela merkel?
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stuart: he's with a conservative candidate? >> that's right a lot of people are lining up to shake the hand of a man who opens maybe this $2 billion gig a factory in berlin in october, he says but again you always have to take elon musk and his timelines with a grain of salt. you have the environmental agency, they haven't given final approval yet to that opening so you can imagine that's the ramp and production could drift to next year 2022. now at this berlin factory, it looks like what are you laughing at? produces model y, and model 3. stuart: but what will the germans make of a guy whose worth over $100 billion. >> yes. stuart: absolutely wild and crazy. >> they love that. i think germans love wild and crazy, maybe they love 50% taxes too, but i'm not sure that he will be paying that but he did tweet there be a red tape event on october 9 so we'll see. again, i would take timelines from elon musk with a grain of
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salt. stuart: he is the most famous, most followed corporate leader in the world. bar none. >> bar none i would say but can you blame him. he's the most exciting, at least he speaks his mind. stuart: he's a genius to boot. let's wrap all of this up. the concept promotion behind the coachella music festival will require proof of vaccination at their events and we're getting closer to, we wanted to tell you about requiring masks and vaccination in various places. the trend is spreading. that's what we're trying to tell you, and then yes, we are getting ready for friday feedback, which is coming up very shortly.
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good lord. you know your music. that's really cool. you were looking at jacksonville beach in florida where it is 89 degrees and cloudy. all right now take a look at beach body an online workout company. they went public just over a month ago, and right now, they're down 8% that's not good but the ceo the ceo carl daikele r is with me right now. carl, i'm going to ignore the 8% drop in your stock at this moment. i'm just going to ignore that. i'm not interested. i'm interested in offering you my personal opinion, which is, masks will kill brick-and-mortar gyms, and i'm sure you're going to agree with me on that aren't you? >> well, no, actually, i won't agree, because look. the gyms will always provide a nice place to visit, but honestly, when it comes to
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something i think it's going to be a compelling argument certainly that when you're going to be working out and breathing hard, of all the things that you might choose to do at home where you don't want to be masked, i would think that fitness in the concept of creating your own sort of in-home wellness center is a compelling alternative and that's certainly what we're betting on and what we believe that we've unlocked with the prospect of this period of aggressive growth we're pursuing stuart: i know that you're launching a new bike. i guess you're competing with peloton, i presume you are. all right, now, i've never been on an exercise bike in my life, and i've never been inside a gym in my life. well i've been inside one but never exercised, so why don't you try to sell me your bike. see if you can do it. >> well, first off, you have been inside the most convenient gym in the world and that's your spare bedroom, your garage, your
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living room. but what you need is compelling content that's going to help you get results, stuart because look , here is the thing nobody is talking about. you want to have a great chance of not getting sick? take care of this machine, and what you want is to make sure that the machine that you put your machine on, the mix fitness bike is designed around the body , so that's why this is a competitive upgrade to the bike, like it adjusts where the competition does not. the front handles -- stuart: wait how do you mean adjust? i don't understand it adjusts what does it do? >> just like if you were getting on a bicycle you'd want the bike seat to be the right height and those kind of things so all these adjustments so that for this repetitive motion that you're doing you want it to fit your body right and this is a commercial grade bike that is designed to fit your body so that it really does support your overall well being. you'll love it.
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stuart: would i be looking at a screen once i'm pedaling away with some guy or some lady shouting at me? is that what's going to happen? >> well, you can choose the shouting option, or you can choose one of our trainers whose delightful and funny. that's going to be up to you. we've got so much content coming on this bike and we literally are in beta testing of live content that is the most exciting and immersive live in- home fitness content i've ever seen and that's what's on this bike. we'll make the competition look like the old days of black and white tv. stuart: that was a pretty nice try there and if you're not careful i might just sample one of your bikes. thanks for being with us, sir. >> thanks, stuart. stuart: adidas selling the reebok brand, that's news to me. >> do the bike motion. stuart: no, no i'm not doing that anymore. so they've sold reebok did they lose money?
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>> yes of course and this is not even accounting for inflation adjustment right? because they bought adidas, so adidas bought reebok back in 2006 for $3.8 billion. back in 2006 so they sold it this year, just now for 2.5 billion. so if you inflation adjust that $1.3 billion difference it's probably a lot more. stuart: did reebok just go out of fashion? >> pretty much that's kind of what happened, and plus adidas has become more successful with its celebrity pairing, beyonce, and her clothing and they are selling it to this company called authentic brands which is not public but they did file for their ipo they have done really well picking up other brands so like the forever xxi, which is very smart so maybe hope and glimmer for reebok in the future. stuart: so they can bring reebok back they think. >> yeah but did you ever buy any reebok clothes? actually talk about you in spandex actually traumatized me
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a bit there with beach body. stuart: you're killing me here, you're killing me. you know what we're going to do? have a look at the dow 30 stocks right there. it's an even split between winners and losers. >> okay. stuart: we're not talking spandex. >> lycra? stuart: friday feedback, who knows what they ask, next. >> ♪ (phone notification) where we've just lowered our auto rates. ♪ ♪ ♪ ♪ and savings like that will have you jumping for joy. now, get new lower auto rates with allstate. because better protection costs a whole lot less. you're in good hands with allstate. click or call for a lower auto rate today.
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>> ♪ stuart: elton john why not that is sixth avenue new york right outside our studios 8 # 8 degrees right now and it feels like 95 or 96 it really does. look who we've got altogether for friday feedback all on the same set. lauren and susan for the first time, together, like this , in a year and a half. let's get on with it. first e-mail comes from phil. [laughter] your vocal impressions really are pretty close. your text as accent sounds like a texan, but one i wouldn't care to meet. let's leave it there. now, i'm not going to do my texas accent because it's awful. >> why not?
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stuart: you do it. i dare you. >> matthew mcconaughey, all right, all right, all right how about that? [laughter] stuart: that was awful. lauren? lauren: i don't even know how to do a texas accent i'm afraid to even try. stuart: that's a cop out. lauren: it is i'm so happy you went to susan first. stuart: all right i'll let you off the hook. this message, what and where was your very first job? i'll go first. i delivered milk for 15 years i lived in the united kingdom and was a milk deliverer. your first job? >> i worked at my aunt's bakery stuart: doing what? >> making coffee. lauren: do you make a good cup of coffee? >> i think so i enjoy it in the morning. stuart: i've never seen one from you. lauren: i was a babysitter. stuart: how old? lauren: i was in 7th grade i was 12 and i was sought out on a bus stop, by another mother who said she wanted someone like me to watch her kids, my mom was very proud of me. [laughter] stuart: that's excellent and a very good story. lauren: that actually just came to me as i speaking.
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totally forgot about that. stuart: that was better ban the bakery or delivering milk. this anonymous sent this in. stu, what you fail to mention on global warming is the two largest polluters are doing nothing china is building 300 coal fired plants what say you? we've not ignored this , sir. absolutely not. we've encouraged it and included this in all our reports. china is laughing at us, as we go through things with climate rules and they do nothing. i'll move in. leon writes this. i mentioned this before, but wait until antifa sets fire to the $12,000 trash cans in san francisco. i can't really add to that, but i think you make the point. $12,000 trash cans, available for putting on fire. >> what are they made out of? stuart: i have to get this in, dave warner says stu, thanks for that piece you did about our piece of paradise at 11:25 this morning. you'd like it here too and yes,
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fox's huge here. lots of right wingers. dave warner is writing to us from the villages. >> oh, wow. stuart: you ever been? >> no. have you? stuart: on on the periphery so to speak. ashley webster did one show from the villages and he was mobbed. >> popular. stuart: absolutely mobbed. in the best possible way: it's very true actually. thanks for those questions. great stuff, hope you can send in some more. just got time for the friday trivia question. which emoji is the most popular in the world? laughing outloud, thumbs up, thumbs down, red hot. i'm going to guess laughing outloud, but we'll get the right answer after this. ♪ limu emu & doug ♪ oh! are you using liberty mutual's coverage customizer tool? sorry? well, since you asked. it finds discounts and policy recommendations, so you only pay for what you need.
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♪ stuart: we just asked you which emoji is the most popular in the world, and the answer is laughing out loud. now, i don't agree with that the because laughing out loud is not an emoji. >> it is. stuart: that's an emoji. >> but that's a what it is. >> i just write lol. [laughter] stuart: thumb's up emoji -- >> that was my pick. stuart: followed by the red heart, that's third. >> and my favorite is the blowing kiss one. >> yeah, the kiss with the heart coming out of the mouth? >> i'm not that nice -- [laughter] stuart: when i do text messages, i am always use an emoji of some
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sort. i don't know why that i do. >> i sent you the green one -- stuart that's the vomit one. that's what you said to me. [laughter] no one's surprised -- stuart: i can't believe you sent me a vomit emoji. >> he got that right away. i'm, like, the green emoji? which one is that? stuart: we're totally out of time. i wonder what neil cavuto's going to say when he takes it? neil, it's yours. neil: you know this whole emoji thing, remember, stuart, when we wrote letters or called people up? if. [laughter] i mean, you're sitting with two very young people who are talking about this is the way of the communication of the future. i fear for humanity. [laughter] >> oh -- stuart: that was really good, neil. neil: that would be, that would be a frown face to talk about that. stuart: yes. neil: thank you, my friend, very much. have a wonderful weekend, stuart, ladies. we are on these
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