life. jackie: yeah. >> i'm not sure i'd wear that same hat -- jackie: no, i don't recommend it for you, but it is a bucket lis- >> you, jackie. jackie: jonathan, ryan, thank you so much for joining us. it's been a lot of fun getting your insight. "varney & company" is up next and, of course, the illustrious stuart varney is going to take it away from here. stuart: flattery gets you everywhere, jackie -- jackie: i know that. [laughter] stuart: well done, and good morning to you. good morning, everyone. it's great to be back. a federal judge in florida issuing a ruling, masks off in buses, trains and, post importantly, planes. in mid-flight the masks calm off. i want to see, i want you to see the republican congressman, dan crenshaw's, reaction. watch this. ♪ clap along with you feel like a room without a roof. ♪ 'cuz i'm happy -- ♪ clap along -- stuart: took a lot of production

to do that. he did it very well with. i promise you, you're going to see at lot more of this. after all, we did get our freedom back, didn't we? that's worth covering, ladies and gentlemen. and then we have elon musk. if he takes control of twitter, he are cut the pay of the board to zero. one board member, he has never issued a tweet with and never liked one either, but he's on the twitter board. why not? musk is getting financial support from wall street titans including apollo capital management. the stock down a fraction this morning. president zelenskyy says the big battle is about to start. the russians are committing most of their fighting force. zelenskyy wants more weapons not just to win the battle, but to push the russians out of ukraine. we'll have a live report for you. to the markets. stocks little changed so far this morning, a small loss for the dow and the s&p -- sorry, a small gain, minuscule, frankly, and the nasdaq down, what, 6 points, that's it.

bitcoin, i've got it right now at $41,000 a coin. the price of oil, i've got that at $105. stably above the $100 level. -- substantially. and gas, $4.10 a gallon. it's actually going up a fraction other the easter weekend. d.c. egg -- diesel, very important for construction and farmers, $5.04 per gallon. interest rates, where are we? i've been away for six days. we're at 2.9 is -- 2.91% on the 10-year treasury. moving up again. in other news, washington post has a listing of the top ten democrats contending for the 2024 race. pete buttigieg is number two? harris, as in kamala, drops to numb three. the list shows a real lack of strength in the democrat party. more on that, for sure. and then there is this, can't get away from this one, president biden gets on dangerous ground answering questions, so a staffer dressed as the easter bunny guides him away. the staffer turns out to be the

direct or of messaging. [laughter] you can't make it up. it is tuesday, april 19th -- my son's birthday, by the way -- 2022. it's great to be back. "varney & company" is about to begin. ♪ ♪ free to do what i want any old time. ♪ stuart: i remember one. the rolling -- yes,sing i'm free. mask-free, right? [laughter] producers, well done. very fine choice of opening song, i got it. all right, let's get to it. the masks have, indeed, finally come off. a federal judge struck down the mask mandate for airplanes and other public transportation. good morning, todd,. >> good morning. stuart: i bet there were celebrations. >> travelers celebrating after that federal judge voided the biden administration's mask

mandate, several airlines nixing it immediately in flight leading to this. watch with. >> overturned the mask mandate! [cheers and applause] the at this moment if you choose to, you may remove your masks. [cheers and applause] >> it's over. congratulations. [applause] ♪ muck pleasure pleasure. [cheers and applause] >> that was my favorite. that's like a gospel performance there. praise jesus, hallelujah. saying they'll no longer enforce mask use on public transportation. if the white house not cheering. >> we think the mask mandate should be in place, and it's safer for individuals who are flying to continue to wear masks. so we would say to anyone sitting out there, we recommend you wear maxes on the airplane.

>> why did they have to be the buzz kill there, stu? stuart: they did. >> you saw the exuberance on all those people. just a beautiful moment. we're tired. it's time. we all know on airplanes the air is circulate ared through these hepa filters, you are safer there than almost anywhere in the world -- stuart: it's my choice. if i want to wear a mask, i'll wear a mask. charlie hurt is with us this morning, and i want to get you into this, because i now owe -- know you enjoy this. is this a defeat for president biden in. >> it is in one sense but isn't in another. obviously, hay want to keep these procedures in place, but on the other hand, it sort of forces their hands and gets hem out of a pickle because people didn't want to keep wearing these mask. the point the judge made and it's an important one, it's not supposed to be easy to take people's liberties away. it's supposed to be difficult and with exact purpose. and that's exactly what this administration is and, quite frankly, the federal government

prior to this administration, they just want to blithely ran through a lot of things, everything from masks to even the election rules. they just sort of changed things and took people's rights away without due process. and that's what america's all about. it's about the actual process. it's not necessarily the end game, it's about how we do it. stuart: yeah. we've got our freedom back. i'm glad you're on the show because i want you to comment on this. senator elizabeth warren has issued this warning to her party: if we fail to use the months remaining before the election to deliver on more of our agenda, democrats are headed towards big losses in the midterm. time is running short. what she's really saying, charlie, is if they don't push through their socialist policies, they lose. i think the exact opposite. if they do push through the socialist policies, they'll lose by a landslide. >> yeah, i think they're going to lose either way. [laughter] but with i love the fact that, you know, basically her argument is the democrats are the party of we feel your pain, and they're not doing a good job of

that. nobody -- i mean, that's kind of the whole problem with sort of the liberal ideology. it's not about feeling your pain, about fixing things or making problems go away, and heir to not going to do anything the to do anything. they're not going to get anything done this year. nothing ever happens in an election year. stuart: this is the op-ed in the "new york times." that's where she's writing. >> right. stuart: she wants price controls immediately, more taxes for millionaires, a global minimum tax, lower debt prices, student debt cancellation, more overtime pay, i mean, you name it, it's a wish list of socialist dreams, none of which are going to happen before november. >> right. and and as you point out, luckily for them, the losses would be even worse. i'm sure "the new york times" editorial board cheered at the op-ed. stuart: i'll bet. >> anybody who can't read "the new york times" or dun want to read "the new york times" -- doesn't want to read "the new york times" doesn't care. [laughter] stuart stuart i think you're right. i'm con vined heir going to los.

charlie, you're all right. >> it looked like a strip tease on the airplane. [laughter] people swinging their masks around. stuart: you're perfect, charlie. >> the party -- >> and don't forget the easter bunny secret service blocking biden from saying something stupid. stuart: great start to the show. and there's more, wait. senate minority leader 34eu67 mcconnell, he has a lot to say about president biden's low approval ratings. i'm glad you're here, todd. what did he have to say? >> wait until you see mcconnell. senate minority leader mitch mcconnell with some extra harsh words for joe biden. >> i think the president's richly deserved his approval ratings which are well below 40 now. the biggest mistake was the $2 trillion so-called american rescue plan that was passed

about a year ago on a party line basis. >> just to review, charlie, that is happy mitch. [laughter] about as happy as we get. the latest quinnipiac poll shows biden with a dismal 34% approval rate. that's bad for the country. stuart: 33% is a low number. thanks very much. apollo global, they own yao and aol -- yahoo!, considering getting involved in the bid to buy with twitter. that looks like that shakes things up, to me. >> yeah, the plot thickens bigtime, stuart. one of the world's largest buyout firms is considering ad bid for twitter and could, could provide elon musk with the equity or debt for his offer. the potential cooperation between twitter and yahoo! which it owns. twitter's expected to reject musk's offer in the coming days, all eyes on thursday, april 28th, when twitter is set to announce earnings. people in the know know that

apollo's a big player. these are the big boys. be interesting to see if they join n. stuart: i'm cheering musk on. i hope he takes it overfires a lot of them. i'd just love to see it. i'm rather blood thirsty -- [laughter] i've been laughing the whole way through the first nine minutes of the show. thanks, todd. let's brick in david can nicklaus -- david nick loss who our market guy, i want musk to take over the board of twitter. what do you say? >> i think you made a big comment about no one shows up to the san francisco office anyway, tush it into -- turn it into a homeless shelter, i think that's a great idea. it's great for freedom of speech but also freedom of religion and and all the other things people get banned for on twitter. hopefully it a happens, and i think it might happen. i think the odds are somewhat when good. it's good for shareholder, so i think it'll happen. stuart: the event we're all talking about is masks are off.

do you think that makes a big difference to summer travel in america in. [laughter] >> stuart, i think it does. if grow look at some the inflation -- if you look at some of the inflation numbers, hotels were up 3% month over month, airlines were up 11%, energy was up close to 11%, so this is thet americans are willing to spend money on travel, hospitality, leisure, and then -- you throw in the mask mandate removal, this could be the big summer of travel in american history. trip.com can, the booking sites are only going to increase, so a maim like trip.com make sense, but also delta. i'd buy it. they actually limited their number of flights so they wouldn't sacrifice on service. that's paying off. they just turned profitability many march, and that was while energy prices were soaring. so what that tells us is airlines have really good pricing power, but americans are willing to spend on travel. so i think that's areas hard going to make a lot of sense over the coming months.

stuart: got it. david, thank you very much. great to see you again. futures indicate minor losses at the opening bell coming up in a couple of minutes. and coming up on the show, it seems the easter bunny doesn't want president biden to answer questions from appropriators. watch this again. from reporters. [laughter] sure. stuart: why is the easter bunny if directing the presidentsome if bill hemmer has his take. travelers celebrating as a judge lifts the mask mandate for public transportation the, but how long before the courts repeal the ruling? that's next. ♪ just keep breathing and breathing and breathing and breathing ♪♪

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muck you give me freedom, freedom -- stuart: international airport mask-free, i believe. a news day, 76 crees -- degrees right there. take your masks off if you're on public transportation. we've got mark meredith at reagan international airport. mark, i bet you're seeing a lot of smiles this morning. >> reporter: definitely more than what i'm used to seeing. actually, i was surprisedded how many people still is their maxes on. i'd say 8 out of 10 still wearing the masks. now, it's possible they may not if know the latest news, but good morning to you. this is a big day for travelers. as you mentioned, this is a long time coming. the mask mandate goes back to 2020 when the airline ares were enforcing it, and then the federal government kicked in in

2021. no longer the case after a district court judge in florida ruled that the a mask mandate needed to go. the judge who was appointedded by president trump back in to -- 2020, she struck could be the mandate which was set to expire in early may. in her decision the judge says the mandate exceeded the cdc's statutory authority and properly invoked the good news -- [inaudible] and comment rulemaking and failed to adequate9ly explain its decision. now, the white house says it's disappointed in in this ruling, and it's still reviewing my potential response. but even after the ruling came out last night, the administration if insisted universal masking was mess to protect the public's health -- necessary. while some passengers are still likely to choose to mask up at least in the short term, others will see this as long overdue. there had been widespread calls for the mandate to come down. if you take the amtrak, that's changed their rules overnight, same with the ride-hairing giant uber. today put out a statement to customers this morning saying,

remember, many people still feel to safer wearing the mask because of personal or family health situations, so be respectful of their preferences, and if you ever feel uncomfortable, you can always cancel trips. uber telling passengers they have a right if they don't want to wear a max, but some drivers may require them to -- mask. stu the, you were just talking about this before the break, travel demand is expected to surge in the summer months. just yesterday 2.2 million people went through airport security checkpoints, i would imagine more people are looking about possibly going on that trip if they know they don't have to wear a mask. hell, i'm thinking about hawaii right now, how great it would be to get over there. [laughter] laugh. stuart: surprised me, mark, you say maybe 8 out of 10 are still wearing a mask? i would expect most people to have taken them off by now -- >> reporter: i also think there's the possibility of sticking ma, right? you want to test the waters. i'm looking at a janitor who's till got his max on, down the

concourse i see one woman without and two people right there. stuart: see you again soon. patrick morrisey is the attorney general of the state of west virginia,,s and he joins me now. what role did you play in getting this mask mandate thrown out? >> well, as many people know, the ongoing 21-state coalition that has been making a lot of these same arguments for some time, and and so this is actually a separate case than the state-based action that's been going on. what i think you're seeing from the court is that,s number one, the cdc doesn't have this unlimited power to trample all over individual rights. if you're going to try to suggest people have to wear maxes and mandate it -- masks and mandate it, you have to articulate your reasoning and do it on the basis of 1078 facts, and they never did that. that's why i think the court was correct to set this aside. it clearly violated the administrative procedures act, and it had so many defects.

but let's go to a more fundamental point. this has been sitting around for a while largely because the biden administration wants to have one more lever of control over the american people. people know that this is not having any substantive effect. in fact, if you look at the type of masks that are out there, some have better impact and efficacy than others, but people don't have to wear specific types of masks. so i think what you saw here was the correct decision, and the states have been strongly behind it. stuart: you guys have won on masks and vax mandates for big companies. what's next? >> i'll tell you what, we're on a real winning streak -- stuart: yeah. >> i think i was counting, we had won about 8 of our last 9 big cases, and as you know, we have a huge case pending at the u.s. supreme court we're very hopeful for. overall, this administration has engaged in so much egregious overreach, it's been up to the state attorneys general to step up and make sure that the constitution's been upheld and

that that we preserve the rule of law. that's what we're doing. i think the cdc case is really indicative though of incredible overreach and an arrogance on the part of the biden administration. they're not even acknowledging the victory of the district court, oh, well, we think it may still want to continue. the administration needs to respect the rule of law are, and you can add that to the other long list of things that they're not doing. stuart: we shall,ing indeed. mr. attorney to general, patrick morrissey, thanks for joining us, appreciate it. >> thank you. stuart: yes, sir. shanghai still urn very strict covid lockdown. i understand that the administration, the authorities there have started to detain or some deaths. in a city of 25 million locked down, how many deaths are they reporting? >> three. stuart: that's it? >> to your point, you always have to take what you hear from chinese authorities with a grain of salt because they're not always the most forthcoming. like i said, three deaths, almost 20,000 asymptomatic cases on sunday.

the city's remaining in strict lockdown with china's zero-covid policy leaving dire conditions, some in isolation facilities, others scrambling for delivery of food and supplies. authorities, no sign of backing down, warning less dens of -- residents they are face face the possibility families could be separated. stuart: china's got a huge problem. xi jinping's zero covid is just not working. >> maybe a bunny will come in and prevent -- [laughter] stuart: glad you're on the show. thanks, todd. a looked at futures real fast, please. i see some red ink but not much. the opening bell is next. ♪ one more time, i want to celebrate. ♪ oh, yeah, all right ♪♪

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stuart: all right. the market shows a small gain for the dow, small loss for the nasdaq when the opening bell sounds, that will be in three minutes' time. all right, jim lowell is the market watcher of the day, joins

me now. jim, we're all talking about it, the maxes are off. so, surely, the economy comes back even stronger this summer, would you agree to that? >> i think the economy does come back a little bit faster than expected with the masks off. a that's a big lift for the consumers that we watch very closely. of course, we're very concerned about what the consumers are doing not so much how they say they are feeling. and i think it's hard to keep a well-employed consumer out of this marketplace and out of the driver's seat of our economy. stuart: consumers are spending up a storm these days, aren't they? >> they absolutely are, and heir going to continue to do so -- they're going to continue to do so and maybe slightly differently. in the house market, we've seen -- housing market, we've seen the first cracks in the ceiling, they shift over to multi-family units which lost less for the initial buyer. i think this economy continues to be able to grow even though it's going to have all the headwinds to have to overcome. stuart: will the market continue

market perform well, shall we say, if we've got this summer travel boom and all the rest of it? >> i don't expect volatility to disappear anytime this year, so i think you'll have to get used to peaks and valleys, twists can and turns. but just like driving your family on vacation, that's the rub that's ahead of us. keep two hands on the wheel. doesn't mean you need to jump out of the vehicle. stuart: so in other words, i should not sell anything and and go into cash, is that right? >> i'd be very focused on quality, not quantity. i'd be nervous about owning whole bass -- baskets of marketplaces. i think the mega-cap u.s. multi-nationals both growth and value, i think international mega-caps whose business and revenue is derived outside of the european -- from the u.s., from china make good sense, but definitely keep cash reserves. it's like a 2.5-gallon gas can in your trunk. it'll ten -- help you get where

you're going if everything else breaks down. stuart: jim, thanks very much for joining us. the bell's going to be ringing many 20 seconds. look at that, there's no that much price movement at the opening bell itself. i don't know how the market's going to close, obviously, but we don't have much price movement anywhere. oil's not moving much, interest rates not moving that much. gold, not that much. i mean, then a pretty flat to easy-going kind of day. i can't think of a better way of putting it, actually with, flat to easy-going. okay, we're up, we're running, and the dow is open. 65 points higher, 34,479, is your level. up about a quarter of 1 percent. the s&p 500 also on the upside to the tune of -- only just, okay? that's the real thing. .06%. and the nasdaq is down .19%. let's have a look at big tech. probably a mixed bag. no, not mixed at all, they're all down. microsoft is below $280 a share.

i'm not sure i can handle this. [laughter] apple's back to 164, alphabet, etc., etc., etc. johnson and johnson on your screens right now, it's up 1.5%. good morning, susan. susan: good morning to you, welcome back. stuart: vaccine sales? susan: not great. as a result, j&j will no longer provide vaccine sales guidance. the stock is up though because they hiked their dividend by 6.5% plus. now, for their vaccines there are problems because the supply surplus, that means there's less demand for those rare health conditions that were voiced over the j&j one-shot vaccine, and that's why j&j says sales will be short by a billion dollars this year. the stock pricing in what you're seeing in the payout to investors. stuart: okay. travelers, insurance company -- susan: yeah. dow-listed. increasing their dividend as well by 5.7%. that's because today had such a runup as well. lower catastrophe costs means higher sales and profits for travelers are.

and then finally, halliburton. the oil field services equipment provider, down despite a pretty strong beat. the stock the hit three-and-a-half year highs yesterday, and that's because they rallied heading into these results, expecting a pretty strong report card. by the way, oil prices ending that four-session ending streak -- winning streak. stuart: i want to talk twitter. susan: shall we? [laughter] first of all, i want to know your opinion because you were away on friday when that takeover offer, poison pill, etc. so 4/20 is tomorrow, you know that, and that's significant in elon musk's -- stuart: tell us, susan, what's the relevancing of 4/20? susan: i love how you feign innocence and ignorance. it's the day to celebrate cannabis and marijuana -- stuart: thank you. susan: yes. and this is something, 54.20 is the offer price from elon musk to buy twitter. he's talked about 4 clash 20 in the past, so apollo is offering

financing. they're offering preferred equity or debt, and that means there were concerns about whether musk, despite the fact that he's the richest man on the planet, he's cash poor because a lot of that is locked up and tied up in tesla stock and options. if you have morgan stanley set me up, apollo saying we'll provide the financingsing, do we get a higher bid? a private equity group that's also in the mix as well. do they come up with a bigger, higher bid? $60 seems to be the magic number though. a lot of people say if a $60 bid comes through, it's pretty hard for twitter to say no if you don't have another offer to counter against. stuart: so the money is there to proceed -- susan: yep. stuart: -- with taking out the board of directors, for example. susan: right. stuart: robert zoellick, he's a board member -- susan: correct. he owns very few shares -- stuart: but he's got a twitter

account -- susan: yeah. stuart: -- and he's never tweeted and never said i like a tweet. the board of directors at twitter. what's he doing there? susan: the board is a strange mix. you have brett taylor who's the chairman of the board of twitter, he's also the co-ceo of salesforce, and salesforce actually did think about buying twitter in the past. so they're a very interesting character. jack dorsey also hinted at the back stabbing that's been taking place and a disfunction of the company amongst its founders and the board from the beginning. stuart: it's badly managed, badly run and badly in need of a complete takeover by someone who appreciates free speech. susan: but it also brings up high drama and all this backroom dealing. i just find it fascinating -- stuart: you love it. susan: it'll be a tv series or movie one day, i think. stuart: tomorrow is april the 20th, what's the betting there'll be some kind of news tomorrow? susan: i think the expectation

is that twitter's going to say no to this musk bid of $54.20. do we get something renewed? i think that's what we're hoping for, an upped offer, this week. elon musk has said he'll take his ball,s his cash and just walk away, continue to say no -- stuart: if he did that, the stock dose down the tube. susan: i think it goes down. definitely, yes. and the fact that, you know, there might not be an agreement in musk's successful bid -- stuart: yep, i can see i. have we got time to look at tesla? you've got news on the shanghai factory. susan: i think this is a bigger deal for elon musk, to be honest, because shanghai is imperative. shanghai's been shut for three weeks. that's a big deal. that's a loss of 50,000 cars which you know they sell in china and export elsewhere around the world. so that's going to impact second quarter production delivery numbers for tesla, as you know. and, by the way, the stock

market's priced in what happens in six months' time because e of do have tesla earnings tomorrow. that's pretty much been factored in, right? so we're expecting close to $18 billion in sales for tesla tomorrow. you're looking at another profit, but we could see a first quarterly profit drop for tesla in two years. and, by the way, i don't know -- [laughter] this is hard work in shanghai, but they're reopening their factories. they're looking to give their factory workers a stipend of $63. you get a mattress, covid tests and meals, but you're working 12-hour sifts 6 days -- shifts, 6 days a week. stuart: and tesla reports tomorrow, which is 4/20. that's not accidentally. -- accidental. something about student housing -- susan: you're familiar with blackstone, obviously. exactly. they'll have results on thursday, i believe. $13 billion deal, big deal because acc is the biggest student housing provider in

america. not much of a premium, which i was surprised by, only 14%. so the stock that the -- the fact that the stock is trading up means it's probably going through. housing shortages means rents are going up, and a lot of people think blackstone, as you know since you're an investor, always seems to choose the right deals, right? stuart: they're just guy -- gigantic. huge company. it's like 6 trillion? susan: in terms of what, the ownership of assets? stuart: management of the assets in the blackstone pool. it's in the trillions. susan: it's large. of i don't know about trillions, that would be -- because right now blackrock, what do they manage, $10 trillion? if okay, blackstone -- yeah, you're right, i could see that. stuart: susan, great stuff. thank you very much, indeed. let me show you the dow winners. johnson & johnson raising the dividend. that's at the top of the dow's winner list. the s&p 500 headed by -- susan: citizens financial. stuart: don't know them well.

susan: small bank. stuart: could be. nasdaq winners topped by -- susan: intuitive surgical. it's really a mix. again, biotech this morning. stuart one of these days we'll see a big tech stock at the top of the most active list for the nasdaq -- susan: when they're that big, it's 3reu -- pretty hard to run up that much higher. stuart: she is one of the most outspoken voices for defunding the police. roll tape. >> defunding the police has to happen. we need to defund the police and put that money into social safety nets because we're trying to save lives. stuart: okay. filings reveal that same congresswoman spent another $70,000 on security to protect herself just this calendar year. good question, is the price of college really worth it? i have an answer, but i'll save it. most grads don't even work in the field they study. we've got the story. the latest economic report mentions gender 127 times.

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♪ stuart: president biden released his latest economic report despite inflation at a 40-year high, the report mentionedded the words gender and inequality a lot more than inflation. larry kudlow's with us. all right, march true, what does this report reveal to you about the administration? if. >> woke rides again. stuart: yep. >> woke rides again. that's what it tells me. you know, of course in the budget i think they mention the phrase, the word inequality over 100 times, so the economic

report is consistent with that. look, they don't acknowledge that there's an inflation problem can already has come to bite them in the koester. but you never here the -- hear the word growth. growth. like, the radical left doesn't want growth, it wants redistribution, okay? if it wants, it wants to punish success. it wants to level incomes. it wants to tax wealthy people. i mean, it's a very odd story, the biden budget, because it is the most leftist budget we've seen, and the economic report -- i guess it's consistent with that. although i confess, stu, i haven't read the report, and i confess i'm not likely to read the economic report. [laughter] stuart: i knew that. i just knew it. all right. there is, obviously, a push for union. amazon, apple, starbucks. this is the most pro-union president in history, but it seems like it's just so yesterday, to me, larry. it's just yesterday stuff. >> yeah, well, i i agree with that. it's a rare guard -- rear guard

action. i mean, look, the trend across the country is right to work states. and over the longer run, if you had a chart, you would see unionization has fallen substantially and continues to decline. you can find a couple of specific areas, you know, like amazon just lost one i think in staten island or someplace around new york, although they're going to appeal it. there's a big battle in alabama. but, actually, michigan -- which is the original worker's pair -- area ca dice -- paradise, went right to work. and i think that's now over 50 statements. so the bidens are taterring to their unito onallies -- catering to their union if allies and will continue to back them. but fact remains all these work rules, stay at home rules, huge, you know, get paid for not working, that stuff is raising

costs. it raises the inflation rate, and it prices out a lot of important, you know, a lot of companies around the country. we were talking last night on our tax special the irs unions, treasury union -- it's almost all irs workers -- 100% of them give money to democrats, and they actually are forbidden by contract to go into work with. they have to work at home. and, of course, working at home is a much different story, it's much less efficient as we've all found out. so, yeah, it's a rear guard action. look, stu, i've got a number for you. i'm for growth. i'm for prosperity. so are you. from the end of world war ii to the year 2000, 1947 to the year 2000, the american economy grew at 3.6%. per year after inflation. 3.6. now, with the advent of secular stagnation in the obama years,

from 2000-2021, the economy only grew half as much, 1.8%. you have no idea the magnitude of the loss of output, of productivity, of real wages and family income. this is a gigantic problem. twenty years, 1.8%. is so these guys should forget about woke and forget about equality. they should have free market economics, open up opportunity, tax less, regulate less, spend less, inflate less, and then you'll see this economy come alive the way it did for over 50 years. and, by the way, you might even wind up with something close to a balanced budget. growth is so essential. the left opportunity care about growth. they want woke, they want equity, they want everything. stuart: this is why your show is so popular, it and will be repeated this afternoon at 4 p.m. eastern --

[laughter] larry kudlow, the king of business news, i'm told, great to be with you. >> thank you, stu. stuart: apple store, the apple store in new york city pushing to form a union. they want higher wages. have we got a number? what kind of wages do they want? >> they want $30 an hour, stu, some apple retail workers at one specific location trying to unionize to get it. the employees who work at new york's grand central terminal, it's the one that's in the train station. also seeking improved benefits including tuition reimbursement, more vacation time and better retirement options. but they also want apple to research security protocols with customer interactions because, obviously, people are fired up about interacting with customers after covid along with the impact of track dust. again, they're in a a train station, health effects from building materials and noise pollution from all the trains and all the noise there in grand central. stuart: $30 an hour and all of that too? >> yes. stuart all right.

thanks, todd. the number of arrests at our southern border is up to one million in six months. we have a report and we'll talk to the lieutenant above of texas next hour. chicago, 16 people shot, 1 fatally over the easter weekend. among the injured, a 14-year-old girl leaving a party. seven youngsters have been caught in the crossfire last account -- in the last week. mike tobin's there. he's going to take a look at what's driving the violence next. ♪ ♪

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stuart: all right, the standout right now is the dow industrials, up 260 points, and you've got 25 of the dow 30 on the upside. most stocks, in fact, in the dow 30 are going ground, and the dow is up three-quarters of 1 is . solid gain for the dow. despite surging crime across the country, democrat congresswoman cori bush still calling to defund the police. todd, doesn't she spend a great deal of money on her own security? >> stuart, she wants to defund the people that a protect you, but she certainly has not defunded her own private security. congresswoman cori bush spending tens of thousands of dollars more on protection during q1 of

2022, purring concern pushing the total number to more than $300,000 for this election cycle. that's a lot of money for security. and despite the hypocrisy, bush hasn't backed down on calls to defund which democrats fear will hurt her party in the election. stuart: they will. todd, thank you. some criminal justice analysts believe the push to defund the police may have contributed to a spike in homicides, specifically among black americans. mike tobin has the story from chicago. the details please, mike. >> reporter: well, stuart, the experts say when you see a rise in violent crime following one of these high profile police-involved deaths, you can, indeed, connect the dots to what the former st. louis police chief, sam dotson, once called the ferguson effect. police pull back. they're reluctant to get involved. the criminals become emboldened with small crimes, and they move on to bigger crimes, and black people pay the highest price. the year that mike brown was killed in ferguson, missouri, murders of black people increased 15%. the following year, freddie gray

died in the back of a prisoner transport vehicle in the baltimore riot, and that followed with the murders of brach jump -- black men jumping by almost 12%. george floyd was murdered in 2020, murders of black people jumped 32% from the previous year, 43% over the 10-year average. now, overall crime spiked, murders among whites increased 21% during that period. the director of policing and public safety at the initiative, at the manhattan institute says the demonstrations, the anger, the undermining of police by city leadership causes police to pull back, and criminals become emboldened. >> certainly after these large viral incidents, there is a tangible, measurable police pullback. i think that's not even controversial at this point. police maybe unconsciously are reticent to step in. they know there's a big blowback for their involvement in crime.

>> reporter: experts say the pandemic was also a contributing factor in no small part because criminals had more time on their hands. also you had police officer calling in sick, so you had less manpower. but also in the months before george floyd was killed, you saw an increase in crime but an explosion polling the riots. all of this is laid out in detail in an article running on foxnews.com today. stuart? stuart: mike, thanks very much, indeed. see you again later. todd, i want to say thank you very much for being with me for the hour. >> pleasure. stuart: see you again soon. coming up, brian kilmeade, bill hemmer, the payor of miami -- mayor of miami, frances suarez, and president of the border council, brandon judd. it's all next. ♪ ♪

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stuart: come and get your love. way to start the 10:00 hour, 10:00 eastern time. straight to the money. 300 points. nice gain for the nasdaq. the yield on the 10-year

treasury closing in on 3%. it is 291 as we speak. let's see. it hasn't hurt them. microsoft and alphabet, amazon and meta are up. apple is down a tiny fraction. bitcoin recovered the 40,000 mark and move to 40 one thousand 500. that is where we are. now this. the democrats are extremely nervous. they have a pretty good idea they will lose in november. politico thinks they lose the house and the senate. senator elizabeth warren to the rescue writing in the new york times she has a plan for victory. the senator believes a sharp turn to the left would do the trick. she wants immediate price controls, can't let corporations rise prices just to live a profit. open for profit tax on those wicked oil companies.

a minimum corporate tax, taxes on billionaires, cancel all student debt and to spend trillions on green energy, childcare, free pre-k. i think the opposite. do all of that and you lose in a landslide. the word inflation does not appear in senator warren's op-ed. that's the issue that hurts democrats most and the policies the senator is suggesting would be highly inflationary. the words migrant, border, gasoline or food prices, none of them appear either. the senator ignoring the price is affecting her party. the socialist manifesto, times change. a year ago, they were dictating far left policies now they are a spent force. the socialists in my opinion have failed. second hour of varney just getting started.

♪♪ matt schlapp with me. you agree with me, socialism is a spent force in america. >> i think that is right. a majority of americans agree but we have some cleanup to do in terms of our elections. people who love america and love our founding and never wanted to be a european-style socialist country, we've got to clean up in these congressional races and got to kick whoever is his replacement out of the white house, whatever is going on in america is not just economic, they are obnoxious and you analyzed correctly. it is also this battle families are an old-fashioned idea, kids

at 5 years old should be introduced to the idea they can select their gender. america's founding was so hopelessly racist that there is nothing good about america. this started under obama and it is time to kick it off the political screen. stuart: senator warren puts forward an economic plan, you are talking about a culture war, you are expanding the problems we have. you are bringing in culture. do you think voters are on your side? >> the woke wars are what this election is going to be about. socialism is about terrible economics and redistribution of wealth but think about her hatred and animosity espoused in that document toward anybody with ingenuity and entrepreneurism, anybody who succeeds, anybody who comes up with a product that works, anyone who wants to set a price

of supply and demand, those concepts she despises and she despises those in the country who are creating wealth and hiring people. look what happened in our country under this form of socialism that has been put in place. inflation is ravaging hard-working men and women, wages that were going up under the trump policies, this idea that socialism health people is wrong, it helps the people they claim to want to help and they are often voters and they are super angry. we one thanks for joining us, see you again soon. the easter bunny caught stopping president biden from entering reporters questions. take us through what happened. ashley: it is a great visual. they must have a code name among all the handlers when

president biden decides to walk about and answer questions from reporters, the eagle has left the nest. watch this. >> president biden: afghanistan should be particularly -- ashley: over this way. the bunny waving and ushering the president away because he was needed to kick off another roller bag rolling competition, megan hayes, the administration director message, there is the reveal, there's the giant bunny that saved president biden's bacon. blue when the director of messaging, jumped into save him? >> absolutely. the eagle has left the next. stuart: another one for you.

senator warren took a swipe at speaker pelosi. what is that about? ashley: senator warren says banning stocks should be a top priority for democrats ahead of the midterm elections. she calls out nancy pelosi saying in part quote when were you are republican senator or democratic speaker of the house, dig, dig, it is obvious to the american people they should not be allowed to trade individual stocks and vote on laws that affect those companies. she went on to say polls show government corruption is the top concern of voters and start cleaning up government, members of congress and their spouses shouldn't be allowed to own or trade individual stocks. stuart: okay, good stuff. thanks very much. let's check twitter. we are down $47 a share.

twitter's expected to reject musk's takeover bid. than what? do you think there's a plan b? where is it going? >> i think he will get it. they pitched a battle against each other and have to raise the price. if he doesn't get it it will signal some dark days going forward. what social media is about his control and what we know to be true and good and pure so he's on the right side of right here and has to pay more for it and almost be rich man's folly because he won't get his money out of it, which is going to do, what he's putting out about not paying the executive saving $3 million and the new price, and he ultimately gets it. stuart: you wanted to get it, fire the board and the management and return the

company through something that is going places. that is whatever buddy wants. >> as long as we have a president have the united states that has been banned but all these are the bad actors, and it is almost ruining the product in itself so i want somebody else. and donald trump should buy it. >> quite a few emails. and the ending of mask on plays. >> they've gotten rid of that religion. masks are no longer a health issue. it is a. in and i' m got a lot of bad hate mail myself, some death threats over this. it is amazing how the mind has

switched in a few short 18 months. when i said your safety should be a personal decision, not everybody else's decision about my safety. if i don't -- a high feel unsafe i won't go, because i'm afraid but then i got vilified for that point of view and personal responsibility is cool again. if you don't want to go don't go if you are worried wear a mask. if i said that 18 months ago i got death threats because at this time where in the world can you ask everybody else to look out for you? why not take it in your own, the most of accrediting to do, if i don't like that magazine don't buy, if i don't like that restaurant don't go, if i feel unsafe i'm not going or where mask but that was 18 months ago, got driven out of town for that idea.

blue when you are back in town. you are back. more on twitter. a private equity firm may get involved with musk's did. ashley: apollo global, one of the world's largest buyouts is considering taking part in a bid for twitter. apollo held discussions about bagging a possible deal and could provide elon musk or another bidder like private equity firm, apollo owns yahoo evaluating the cooperation between yahoo and twitter. taking twitter private would rank as one of the largest leveraged buyouts of all time but unlike other potential targets in that field twitter does not have a strong and stable cash flow. ashley: coming up.

the masks are finally off and people are celebrating. take a look at this. >> you may remove your masks. lauren: the masks are gone. stuart: is summer travel about to take off. got a good question on that one. andrew yang says don't blame stimulus checks. pushing for a national universal basic income program. more on that. the white house refusing to apologize to border patrol after claiming agents whipped migrants. >> >> i don't have any updates. we will be all over that next.

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stuart: look at the market go. that was up 300, nasdaq up 150. a pretty good rally. johnson & johnson, nike, dow stocks are leading the dow to that 300 point gain. border patrol encountered 3. 2 million migrants and two months. march alone, was data 22 year high in march? ashley: it also compares to the 570 one thousand encounters

during the same period last year which means the volume of migrants trying to cross the border do in the first 3 months of this year. border agents encountered 2,300 migrants. that included 57 unaccompanied children. on twitter fox news has done a good job covering this crisis on the border. he continues to document the large number of migrants then taken to interior areas where they are dropped often tree to travel elsewhere or others taken to san antonio's airport where they are free to travel. blue when that's a crisis. here with me now, dan patrick. i want to jump into this title 42. it is supposed to be lifted at the end of may. the opposition to lifting is so profound across the aisle,

would be a catastrophe if they did lift it. i don't think they will do it. >> it is already a catastrophe. 15 and 16 months, as you just documented, the numbers are increasing every year and if title 42 is lifted the projection is 18,000 a day. even if it is not 18,000 every day, summer from 4 to 6 million people this year and we are seeing already on pace for 3 million before they do that. and 6 million in one year alone. there is opposition from all of us in texas, even if he holds and does not repeal title 42 this is a total disaster. we are putting people on buses where they have to volunteer.

that made the border on the other side, the governor wisely said if you don't work to stop people crossing the border we -- almost one of every four trucks were safe enough to be on the roads to begin with. this is a crisis -- stuart: sorry to interrupt, but was that a deal, governor abbott holds up trucks on the other side of the border, we will given to you on immigration. was better deal? >> they said we will cooperate. he was clear about this yesterday, we will go back to the tough inspections and the backup is on their side.

we have to create a constitutional crisis showdown with the biden administration, we have to get back to the supreme court so they can review the arizona decision with a new supreme court where we should have a right to defend our own citizens and americans across the country because we are being invaded. of the federal government does not do their job, the states should have a right to do that. we have 1254 miles of border with mexico. that's a longer distance than boston to jacksonville, florida. that is how much we have to cover when they are not doing your job and impossible to cover it all and at is why for everyone we apprehend, in three categories, the ones we apprehend on pace for 3 million, title 42 is repealed and if you get one of every two you see, that another 3 million and then these got aways, the

border patrol was saying 400,000 last year, that is the people we see, that we can't get to. it is boston to jacksonville how much we have to cover. you may see someone crossing the border but can't get there before they got away. the apprehension on target, the gotaway, 400,000 and those we never see, 1254 miles. if we get one of every two that is another 3 or 4 million on top of that. that is why i said a number of times, if you look at data across statistics, border patrol puts out in plain sight we could be on pace to have 20% of people living in america illegally by the end of the first year of the biden administration, when you look at all the numbers, all the data including those who went back, those who were deported and look at all the data and do

the most conservative estimate that we get one of every two across the border and look at the biden administration may bring in 22 million himself in four years. stuart: seems like population of central america and mexico is rapidly moving to north america. >> a part of it. people coming from 155 countries, thousands from cuba, thousands to the middle east. 155, and central and south america, that is the majority. stuart: a lot more to be said about this. of the border patrol agents accused of whipping migrants are being cleared. is the white house going to apologize? ashley: in a word no. you can see images that showed border patrol agents in darío,

texas blocking migrants entering the us. the white house accusing agents of ripping the migrants. it is inappropriate behavior but those claims, and will the white house apologize, peter doocy asked jen psaki that question. >> there whipping people which is a common offense. >> you accuse these offices of brutal and inappropriate measures. will you apologize? >> there was an investigation into their behavior, whenever it is announced. ashley: by the way since the agents have been cleared, they remained on desk duty since that incident.

stuart: why am a miami mayor francis juárez might help the gop when the youth vote. the mask mandate for travelers gone and passengers are celebrating. chicago's their hair done at o'hare airport next.

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♪♪ comply with me ♪♪ let fly let's fly away ♪♪ stuart: that song with sinatra, atlanta airport, rather chilly down there, 48 degrees. a federal judge in florida struck down the mask mandate. grady trimble, an hour ago we had mark meredith at reagan national, and out-of-town

travelers wrist still wearing masks. what are you seeing at o'hare? >> haven't done the math but that is about right, 6, seven, 10. a lot of people wearing masks as you can see. i have seen some couples, one person has a mask on. the bottom line is it is your choice, united was the first of the major airlines to do away with a mask requirement. the other airlines followed suit. some people all across the country were on board flights when they got the news they could take the mask off. watch their reaction. even here at o'hare we are hearing on the pa announcements that you have to wear a mask under law. that's not the case anymore and passengers who are not wearing

masks are unhappy about it. >> very happy about it. we traveled four days last week and tired of the masks. >> the pandemic has passed for me. i have been vaccinated, boosted, not really worried about it. stuart: take a look at travel this easter monday. about 2.3 million people through checkpoints across the country, 2.6 million in 2019, back to paris pandemic travel numbers. some of the people i talked to say doing away with this mask mandate, more inclined to travel this summer. already expected to be a busy summer travel season and that might be more so the case.

stuart: i want to bring in jeff hoffman. a lot of talk about a big boom in travel this summer. how do you see it with masks gone on planes? >> the masks will be interesting, people really not flying because the -- they are flying anyway but we will see how much but the travel room is real but last thursday around easter weekend which coincided with spring break, 2.3 million, the second-biggest day of the pandemic. people are traveling again. we are combining that with airline staff shortages and to

reduce flights in inventory to keep up with staff. so they will be more crowded than ever. stuart: i don't think it will be a smooth summer travel season. staff shortages, cancellations, i can't see it being smooth. i see a lot of people getting annoyed this summer. >> that is absolutely the case. the pilot shortage which doesn't get a lot of media coverage, it takes longer to reintegrate them after they were furloughed during that time. less flights total. filled with delays and cancellations and it will be a frosting -- a frustrating summer. there's lower inventory and effect from the fuel. crowded planes, staff shortages, not going to be a fun summer because people travel. stuart: to people want airline jobs, flight attendants, gate

attendants. and the public is not always nice. i people taking jobs available at the airlines. >> offering $1000 cash bonus to employees, they started last friday. through may, they are offering cash incentives to get more people to take airline jobs and employees to keep them and the reason many people taken airline job is for travel and when travel is restricted, working with the airline wasn't so exciting, hopefully more restrictions are lifted, people traveling again and it will be more enticing to get an airline job. stuart: i take my hat off to the airline workers, they came in with a lot of abuse and difficulty over the course of the pandemic and not surprise

not everybody, and the masks are john and covid and serious retreat. am i grasping at straws. >> so much of the unruly and disruptive passenger problem around masks. people wouldn't wear a mask and took it out and assaulted flight attendants an airline crew. you don't need a mask, half of the air passengers, less disruption. the attitude will change and that will benefit airline employees. stuart: i hope so. thanks for joining us. see you again soon. as masks are being taken off on the plane, uber is making changes to their covid guidelines. can uber riders ditch their masks? ashley: yes they can. uber is lifting the mask requirement telling customers, quote, if you ever feel uncomfortable you can cancel

the trip. in its updated uber noted the cdc does recommend wearing a mask if an individual has personal risk factors or if they live in areas with high transmission of covid 19. many people feel safer wearing a mask because of personal or family health situation so please be respectful of their preferences and lift updated their policy. wearing a mask is now optional for everyone in the vehicle. stuart: thanks. back to the markets, looking at the dow industrials with a solid gain. up 366 and the nasdaq is close to 170. oil trading near its session lows, that helps the market. 103 on crude. how about lockheed martin, they reported earlier this morning,

down on supply chain issues, the stock is down 1.8%. many youngsters on spring break, but is your child going to need a negative covid test to return. some schools require it. president biden's economic report is an. the word gender appears one hundred 27 times, the word inflation just 87 times. we will take that on for you next. ♪♪ ♪♪

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stuart: markets in the green big time. dow is up 370, nasdaq up 205 points, the 10 year treasury yield getting closer to 3%, it

is up 5 basis points. as for big tech, when you have the yield on the 10 year treasury moving up, the big tech moving down, microsoft, apple, alphabet, meta platforms on the upside this morning. economists fear recession, labor shortages, hillary phone at the white house. we are hearing a lot of people say a recession is on the horizon. sorted out for us. >> reporter: there are a number of banks and groups and experts warning that a recession is coming, the white house was asked about this yesterday and they explained whatever is ahead they think they are on solid footing economically because of president biden's policies but a new survey found 70% of investors think there's

a weaker economy ahead but goldman sachs analysis found us recession odds at 36% in the next two years. jen psaki answering questions about a potential recession ahead. >> we continue to believe the united states economy will feel a challenge from a position of strength because of the president's economic plan. >> got a chance to talk to janet yellen, ask her questions about a possible recession and what americans should be preparing for. >> it americans be preparing for a recession, deutsche bank is forecasting one. >> reporter: bank of america chief investment strategist said a few days ago, quote, inflation shock is worsening, rate shock beginning, recession shock is coming. the concern is mounting from experts and economists looking at the forecast ahead and do

not see a rosie economic -- stuart: did the treasury secretary refused to answer your question about a recession? >> she shook her head and waved her hand know which we don't know if she was saying i don't want to talk to you are no, americans should not be preparing for a recession. stuart: you are all right, thanks very much. president biden just released his economic report. i understand gender was referred to more often then inflation. ashley: there is the key issue, forget about inflation, forgetting every household budget, it is all about gender. president biden mentions the word gender one hundred 27 times, inflation 87 times. that is not all.

the report mentions inequality 147 times, and emissions 100 times, biden touting his economic recovery plan, and addressing climate change and its economic impact while calling for energy independence. that is what he said. stuart: he destroyed in and wants to get back to it. i'm still on inflation. andrew yang had a big splash with universal basic income system. he is saying don't blame stimulus checks for inflation. tell me more about this. ashley: former presidential candidate in favor of sending free cash to insulate workers from economic shocks. he also says don't blame similar checks for inflation adding money in people's hands for couple months is a very minor factor. he says before the pandemic the

primary drivers of inflation were staples like education, healthcare and housing and the surge is inflation, that there aren't enough goods to go around so people are experiencing pent-up demand. yang says universal basic income doesn't have to be paid in dollars. it is in the form of crypto currency or some other asset class or currency. coco puffs? stuart: sarcasm is a low form of wit. their first year out of college one of 7 college grads earned less then $15,000. joe rogan throwing support behind elon musk to take over twitter. roll it. >> everyone is so excited elon musk is trying to buy twitter. the great one. stuart: i don't know why he was

wearing a wig but i think he was. she wants more freedom of speech. i'm sure brian kilmeade will agree with that. he is next. ♪♪ but so is your sound engineer. you need to hire. i need indeed. indeed you do. indeed instant match instantly delivers quality candidates matching your job description. this is what real food looks like visit indeed.com/hire

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stuart: the dow is up 400, nasdaq up 220. up 56 points. gold hit $2000 an ounce. retreat today, 1954. lululemon priced at $403 a 3 a share up 4%. financial firm truest says that is a by. by them at 403 mother they think the stock can go to $4.95. the atomic clock clicked on and kilmeade joins us. and joe rogan joined the fight over twitter and backing elon. >> that is why everyone is so excited elon musk is trying to buy twitter.

the great one is concerned about censorship. freedom of speech, someone, freedom of speech is someone you don't like saying something you don't want to hear. stuart: i don't know why he was wearing away a good. i agree with the manner you too. >> the ceo, that will help. his investment fund, do something to go after, that will help. wise everyone so desperate to hold on to twitter. why aren't people allowing shareholders to take over, something about the algorithm will be revealed, will prove what we instinctively know. stuart: is a left-wing propaganda machine and nobody likes that, stamping on free

>> elon musk will do something about it. first thing he should do is fire the board of directors, the leading managers because they lead the company down the tubes, censored people, failed to innovate, don't make much money, they are fading. i'm all in favor of that. opposition from you? >> jen psaki said we find twitter is very wide and very coastal. how about very left and very coastal. wise everything race? don't understand what is necessary for that and into yesterday talking what florida is doing to lgbt q rights meaning she hasn't read the bill at all. stuart: in tears? >> that is the word. she was in tears showing she hasn't read the bill like she hasn't had time to research that. doesn't feel she has to

apologize border patrol agents and what she perceived them to be doing. and planes, trains and automobiles. >> >> an increase in a variant with cases, and hospitalizations as well as deaths, under 500, and why are you still screwing the people of philadelphia and i was stunned by this. and went to laguardia and put on a plane. guess how many people she noticed have masks on? stuart: i tell you. i took from reagan national an hour or two ago, 80% of people arriving at the airport were wearing masks. what does your producer say? >> 90 unbelievable. in america, wake up, snap out of it, it is over, live your life.

if you have conditions you know the deal. leukemia, asthma, whatever it is, deal with it, stay healthy but if you are healthy individual in the prime of your life why are you wearing a mask, totally brainwashed, that means you have been watching too much of the view. we when i have a sense of exasperation of all these issues cascading along not getting anywhere whether it is masks where the board or inflation or anything else. i feel exasperated what the administration is doing and failing to do. >> the american people are done with it. of the president was at 40% approval rating you left the back door of the country open. we are being invaded to the tune of a million every three months, and new nikes, new

phones and the school systems that are overstretched, underpaying teachers and heating your kids. the american people had it with making trends hormone blockers a part of grade school, teaching kids about being a transsexual, having a pronoun be something you learn about in school, not on a grammar test but as your identity. people are fed up with it. when i see bill maher stand up on 20 minutes on the fact of the democratic party and sketchily laughs i know the american people are insulted by it. of the when times have changed. 200 days to the election. bill hammer, the mayor of miami, border guy brandon judd and much more. the washington post has a list of top 10 democrat white house contenders for 2024. no depth of talent, i will take on in "my take" next. ca moore. jessica was born to care. she always had your back... like the time she spotted the neighbor kid,

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>> overturned the mask mandate. ♪♪ >> they just want to change things, took people's rights away without due process and that is what america is all about, the actual process. >> americans willing to spend money on travel.

the mask mandate, this could be the greatest summer of travel in american history. >> should be a personal decision. that was 18 months ago, you got driven out of town for that idea. >> the cdc has unlimited power to tremble individual rights. the biden administration has one more lever of control. ♪♪ we are not going to take it ♪♪ no ♪♪ we are not going to take it ♪♪ stuart: 11:00 eastern time, tuesday, april 19th. this is the first full day of no masks on planes, ubers, lift, buses, trains, check the airlines. we are told a lot of people are still wearing masks on airlines. uber and lift benefiting from this at all? may be. both of them are up 3%, 4%. %. the overall market, nice again,

not because masks are off on planes and trains but i am not quite sure. oil is way down and interest rates are not moving up that much. the 10 year treasury yield coming in at 2.91%. i want to pursue this twitter story and to bring in michael lee. watch out. i know you weren't expecting it. i want musk to take over twitter. i want him to take on the board, fire them, take on the managers and get rid of them too. what do you want from twitter? >> a lot of things. i want this to be a free-speech platform, not a liberal echo chamber. if we take that sort of politics away from it this makes a ton of sense. the name of the game in social media is your user base, you don't need a million users, to monetize it.

they monetized their platform properly. jack dorsey a couple years before twitter went public was involved with square and square has been a profitable successful project. i don't think it was never properly monetized and the way to reorganize the company is taking it private so i think elon has the money. from a business standpoint it makes sense. it is a negotiating topic, not trying to kill, you can't come in with your best and final offer first. it gets done somewhere, in the 60, 69, elon is part 15-year-old boy but twitter's high watermark is mid 70s. it's not going to happen, somewhere in the mid 60s but i think the deal gets done. we one did you call elon musk part boy? >> part teenage boy. he offered 5420, not 54, not

55. funding was secured at 420. it is probably need 60s where a deal will get done because you are the richest man in the world. stuart: let me end that there. you think the deal gets done around $60 a share for twitter. >> mid 60s because twitter, stock was at $75. goldman sachs has a $30 price target. i can tell you that is where the stock is going of the deal doesn't get done and to take the comedy private you've got to pay a premium so it gets done in the mid 60s. makes sense for everyone involved. elon is not about making most amount of money, paypal was about revolutionizing payments, tesla is about revolutionizing electric cars, space x is about climate -- flying in space. he will make money, not the

most amount of money, it is about revolutionizing the public square. blue one redo the thing. good stuff today, thanks very much indeed. movers to take a look, lululemon up 4%. the story. ashley: the yoga pants company, truest just upgrading stock, lululemon has momentum beyond pandemic, the analyst days tomorrow, stock up 4%. johnson & johnson, one of the stocks leaving the dow, j&j suspended their guidance for covid vaccine sales and cut therefore your profit expectations despite that, it is up 3.5%. moderna down today, their redesigned booster shot is more effective against data and oma crime. the new shot is a mix of the micron booster and the market goes down to an 12:45%.

hasbro is up big today, shipping cost increases will lead to higher toy prices and they are warning of $100 million revenue hit after they paused shipments to russia. despite all of that investors like up 4%, $87. stuart: thanks very much indeed. now this. the washington post has a list of the top 10 democrat possibles for 2024. it shows a party that has no bench, no depth of talent. i will start at the bottom, number 10. alexandria ocasio cortez has political talent but is a socialist. california governor gavin newsom. does anyone believe a california liberal can win a national election? number 8, new jersey senator cory booker. half the country never heard of him because he hasn't done anything.

number 7, far left ohio senator sherrod brown, good luck, ohio trends read. roy cooper, democrat governor of north carolina totally unknown outside his state. number 5, getting closer to the top, senator amy klobuchar from minnesota. if she runs it will be her second attempt, her best showing last time around was 20% support in new hampshire. number 4. senator elizabeth warren, democrat from massachusetts, another socialist, far away from the center of the party. can't win the middle, can't win. number 3. number 3. vice president harris. she is down in the ranking because as the post put said she's not put vice president's position to good use. number 2. this is amazing. pete buttigeig, he make him number 2 without any great conviction on our part. number one, president biden. first of all a majority of

democrats don't want him to run into thousand 24 and if he did run he would likely face a challenger which would be a very damaging to an octogenarian. it is striking that the party which controls the house, the senate and the white house cannot come up with a stronger list of candidates. no bench strength, no good. 21/2 years still to go and bill hemmer is with me now. i say they have no bench strength. >> looking at that list with no great conviction. think about that list and i think about amy klobuchar, she was rumored to be a vp possibility when president biden was putting his candidacy together. imagine how different the office would have been if amy klobuchar was vice president instead of kamala harris. that would be a substantial shift for her and she would likely be seen as the future for the democratic party. stuart: do you see any of those

people in that list as a solid presidential contender regardless which -- >> my feeling is when you go through the process you are refined. you are cut like a diamond and go through the process and you are polished and get better and answer the same questions and your answers get better and you become in the eyes of voters a more likely candidate. i think that process is the same, republican or democrat, every election process. could one of those on your list be more refined, more polished, could be, but they have to go through the process to find out. stuart: a process polishes people up. we shall see. you are not supposed to say this but only time will tell. take a look at this. white house staff redresses as an easter bunny, pulled biden away from reporters questions during the eggroll thing. >> the easter bunny.

stuart: even the easter bunny is sent in to protect the president from answering questions. they are shielding him. >> easter monday eggroll on the south lawn of the white house is usually met with sunshine, happy event, the easter bunny is an assistant to the president who felt compelled to follow the president around the south lawn of the white house and get him or prevent him from answering the question. stuart: she is -- assistant director of messaging to keep him safe. >> they felt compelled to answer a question. behind them. there were polling members. how they feel about president

biden they have fallen through the floor and it reminds you, vibrant strong energetic, they are not seeing this from the president. blue one support among youngsters. those numbers are always much higher. they are seeing a 79-year-old man who cannot defend himself in front of his staff. blue one a bone to pick with you. you came along and you called me stu and it stuck so from the moment you arrived at fox i have becomest. >> you want to go back to stewart? do you have a middle name? stuart: no and you are not going to know it. >> you can call me george all day long. you can call me william. stuart: antennae. there is an h. >> stuart anthony varney.

stuart: i don't want to be -- the producer is telling me we got to go. bill as in billy the kid, we can watch bill's show america's newsroom on fox news, very youthful looking. thousands of students with negative covid test before heading back to school after spring break, what a story and we've got it for you, 200,000 migrants arrived on the southern border after a 22 year high. ukraine in phase 2 of the war officially underway, fighting to keep control of the donbass region. trey yingst has the report next. we all need a rock we can rely on. to be strong. to overcome anything. ♪ ♪ to be... unstoppable.

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stuart: russian forces have begun their battle for a donbass region. what is the latest? >> the ukrainians and russians, and it comes as communities outside the capital of kyiv survey the damage left in the wake of the russian occupation. yuri walk through a gate leading to his vegetable garden. a few weeks ago he buried his neighbor after the man was shot dead by russian troops. we covered the grave with lithium panels because the dogs were digging it up. next to a pile of dirt topped with a wooden cross, yuri explains the russians used machine guns to kill the man next door who was trying to fix a broken gas line. i heard the burst of gunfire, he jumped into my backyard and

did that. it is in ruins, the bodies of some residents remainder piles of rubble, recovery efforts lotus crews found unexploded shells in the debris. here in this town the destruction is widespread. russian tanks and artillery units wiped off the map. residential blocks where people were living at the time trying to survive amid the russian occupation outside the ukrainian capital of kyiv. you can see one apartment building that was destroyed. he lived on the fourth floor of the complex for 40 years. all that is left of his home now our memories. we had a good life here. our children were born in this apartment. our grandchildren say it stayed

here, he says. now we don't know how to go on and where to live. he -- it was last occupied by nazi germany in 1943. 70 years later the russians did the same inflicting their own terror onto an innocent population. the collective trauma the ukrainians are experiencing will stay with them long after this war ends. you see it in their eyes, you hear it in their voices. how mankind could be so cruel. i want to speak to the mothers and sisters of russian soldiers and all the relatives of those criminals she exclaimed. why did you do this to us? for what? are you not even human beings? the words of that woman underscore what the russians did to the ukrainian people, they took away their humanity, this is just a fraction of what has happened to this country. stuart: we hear it. trey yingst, great reporting.

a former defense intelligence agency officer joins me now. a former russian foreign minister tells fox that putin will consider nuclear weapons if he feels there is a next essential threat to his country. it is enough to restrain america, intimidate america. >> it is designed to do two things, to deter the us and nato forces from interfering in the conflict which is putin's biggest fear because we are conventionally superior to the russian forces, putin knows that should we interfere he will lose the fight unless he invokes what is called escalate to de-escalate which is limited nuclear warfare doctor that putin has approved. we one what do you think putin would do if he were to be driven out of ukraine by a military victory for the ukrainians, what do you think he would do.

>> this is, a very strategic area for putin, to specifically not allow ukraine to become part of nato. to prevent this happening he will trigger nuclear doctrine which envisions using tactical nuclear warhead low yield subcu it on with low fallout to detonate on ukrainian territory to psychologically dislodge the ukrainians and compel them to abandon the fight. that is their objective. stuart: what he actually do that? >> here is the deal lose there are three things required for him to be able to trigger this doctrine. does the russian military doctrine allow it? yes. there is a classified part of

the russian doctrine, nobody discusses in the kremlin. and putin's psychological, putin practices it regularly and routinely presses the button in stimulation and wargame exercises and unlike previous russian leaders even in the exercise, putin has the psychological profile that enables that, to demonstrate he is fully prepared to do that? stuart: have you any idea what america's response would be of low radiation level nuclear device on ukrainian soil. >> america falls into international law.

according to international law we are not able to respond in kind with any kind of weapons to russia's potential use of nuclear warfare. we are not active combatants. neither the united states tornado are part of war right now so putin does it on ukrainian territory. we are not allowed to respond and follow law. stuart: it is great to have you on the show, i hope you will come back soon. the russian oligarch roman abramovich has traveled to ukraine to meet with negotiators. any idea what he's doing? ashley: trying to restart peace

talks between russia and ukraine, the billion or oligarch meeting with ukrainian negotiators to discuss waves, with long time ties and an informal mediator since the war began in late february. they described the talks as a dead steagall. zelenskyy has called on foreign countries to provide more weapons and increase sanctions against russia to strengthen his hand but chances of negotiated peace seem bleak as russia is ramping up its attack on ukraine's donbas region. stuart: that wraps of ukraine coverage. we've got this item, the star -- the carmaker so lantus is suspending production in russia blaming logistical difficulties and sanctions on moscow. let's change the subject. half of college graduates don't have a job in their field of

study. that begs the question is college worth it? we will get into that. bitcoin, $41,000 coin. the city's mayor joins me next. trading isn't just a hobby. it's your future. so you don't lose sight of the big picture, even when you're focused on what's happening right now. and thinkorswim® is right there with you. to help you become a smarter investor. with an innovative trading platform

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stuart: the beatles, that is mission beach, san diego, 58 °. let's get to the market. 12 power, the hydrogen fuel. susan: a fascinating deal they have with walmart. walmart will run 95 of its forklifts and distribution and fulfillment centers using carbon free hydrogen. the deal will supply walmart

with 20 tons a day. and targeted 2004 to eliminate greenhouse gas emissions. and a run on their fuel cells, their relationship in place with walmart, buying hydrogen fuel cell forklift and high green hydrogen -- stuart: no carbon emission, none at all. tell me about the rotation in big tech. ashley: liz: the highest you've seen. jim bullard saying 75 basis point. the last time it happened was 1994, and this you will be the steepest rate of hikes since

1994. 2.7% at the end of this year. and then 325 basis point. stuart: you and i talked for a long time when interest rates go up big tech tends to go down. susan: getting more guaranteed money, to rotate some of that cash after buying government treasury. stuart: maybe microsoft is back in favor with more people. susan: oil is down. that might be some reprieve. we will look at that, that is a sharp drop and then tesla reports tomorrow, april 20th as in 4-20. it has something to do with marijuana. susan: i love how you carry through innocence in 3 hours. tesla will report after the bell. first quarterly profit drop in two years for the electric carmaker and guidance is key

given that shanghai is down 3 weeks. we when you've got to tell me about netflix because they report after the bell but that stock is down 35%. this calendar year -- susan: it will be subscriber growth industry has low expectations after they only at 2.5 million new subscribers to start the year and if you think of it, that is 40% less than they added this time last year. think of the price increase, prescription growth, competition with disney with 130 million subscribers and losing billions by allowing password sharing, they are expectations they will turnaround the policy so you no longer can use your family's

passwords on all 18 devices. stuart: we are watching the 420 analysis. i want to get to cryptos. the mayor of miami looking to turn into a bitcoin city. 's honor joins us this morning. i don't understand this? how do you have a city where taxes are paid in bitcoin and wages paid in bitcoin. >> i'm getting paid in bitcoin. almost at the point you pay taxes in bitcoin. anytime you want to 101 on bitcoin. stuart: i don't know how you figure out some buddies wage when the value goes up and down.

>> like everyone else in life, the dollar is a fluctuating market, fluctuates so you get to a certain time. stuart: i will walk away from this. look at this headline in the new york post, why the miami mayor could help the gop when the youth vote. are you bringing more voters to the republican party? >> it is to be a unifier. to be inspirational and aspirational to be generational and understand we are at a generational inflection point, and we are transitioning from that generation in terms of leadership and that offers an opportunity. and an industrial economy to a digital economy, it is a generational opportunity that

leadership should lean into and if you see miami as an example, all the mayors in the country where 85% of residents live with the gdp that is produced. to function properly and miami is succeeding a number one in the nation, named by financial times as the most important city in america and by eating into public safety, and innovation and that is our formula for america's success. of the one have you brought crypto jobs to miami whether it is crypto mining or crypto trading or crypto analysis can you tell me you brought crypto jobs to your city? >> not only can i tell you i brought those jobs to the city but they are high-paying jobs, this impacted the economy in 3 ways i can articulate in us

dollars. we had a major crypto exchange, spent us$200 million to rename our arena, $200 million invested in our community. and creating hundreds of high-paying jobs to our community and a bitcoin conference, 50,000 attendees, the economic impact, and us dollars. stuart: your honor, the mayor of miami, thanks for being with us and one of these days you will get me to understand bitcoin. a new survey shows more than half of college graduates do not work in the field they studied. ashley: that degree in medieval

french poetry hasn't paid off. out of college grad surveyed nearly half of paycheck to paycheck, and 48% of those living paycheck to paycheck, as costs for higher education balloon, more borrowers taking on more debt which had other consequences as well, many reported putting off major financial milestones. check these numbers, 37% are waiting to buy home. a home. 40% holding back on buying a car, 17% waiting to get married. 20% are waiting to have children. it is all about being in debt. and inflation up 40 year highs. stuart: thanks very much. the white house refuses to

apologize for the president's claim that border agents were whipping migrants.eas taught i schools. >> the school system wants to indoctrinate as teachers first before your kids. they want to create activist. stuart: the filmmaker behind the documentary joins me next. ♪♪ you're a one-man stitchwork master. but your staffing plan needs to go up a size. you need to hire. i need indeed. indeed you do. indeed instant match instantly delivers quality candidates

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stuart: youngsters returning to the classroom after spring break, some schools insist on our negative covid test before they can come back.

ashley: they provide that negative covid test. in montgomery county families are being asked to test all students using rapid tests provided by public schools and report positive cases to the district on that line. and isolation guidelines. it is concerned about the omicron variance but school authorities say being able to take rapid test have a powerful tool in keeping schools safe and open. they haven't submitted test and will be tested outside the building before the school day. stuart: my next guest is a former gop candidate who pitched products to disney in the past. the company, disney's wokeness will be their downfall.

the parents united america president joins us now, strong word to use, downfall. what do you mean by it. >> for too long companies doing into wokeness, but you have to go further and further. when you see a company like disney whose very demographic that they are supposed to be surveying our parents and children and you see this tack to the far left a sickly to the woke mob, not representing the people they are serving, and disney created disneyland as a place where parents and children could escape the cares of the world not to be overcome with an agenda, ideological agenda, and replace them with woken us. stuart: we could get into that and i want to refer to your new film whose children are they? it tells the story of the

anti-parent agendas and radical indoctrination of children. are you opposed to teaching gender identity, don't teach it, don't do it in schools at all. is that where you are coming from? >> those of us who believe in parental rights were not against teaching of real history versus crt which is by its own founder is described as not being real history, not teaching sex education if age appropriate and at the right time. the reality is it is no longer, would be reproductive biology, and when teaching children as young as 3, 4, 5 years old in kindergarten, they are supposed to learn to be potty trained, socialized with colored crayon. stuart: is there any age you think it is legit for the

teaching staff to teach about gender differences, gender preferences or gender bending? >> i think the differences this. schools are supposed to return what they are, teaching, turning a blind eye to the world as it is and teaching children to be kind and respectful but teaching actual gender theory as if it is something they're place to do. it can be reflected but the people pushing this and say we want to move beyond kind this, they want to move to indoctrination. not ignoring the world as it is but understanding especially children under 8, what we call concrete thinking, santa claus or the easter bunny, that is me, that is real, concerted effort below the age of 8, 9, 10, 11 and sex education used to be in middle school, it was

reproductive biology about ignoring or teaching to respect and honor one another, can do that without indoctrinating them with a big ideology. stuart: whose children are they? that is your documentary. >> go to whose children are they.com. we one more than a million people arrested at the southern border in the last 6 months. border patrol bracing for another migrant surge.

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stuart: i hope you heard this. border patrol agents have arrested one. 2 million migrants in the past 6 months alone. that's an extraordinary number. what are you seeing? >> reporter: the activity has been nonstop. just over the holiday weekend there were 2300 migrant apprehensions including 57 unaccompanied children and this morning we've seen a lot of crossings. we've been seeing different groups of migrants running or jogging to the shoreline on the mexican side of the river afraid of mexican authority's

trying to stop them. we got to that side and in a matter of moments in the water and crossing into eagle pass, families and single adults and parents of little kids, this is the sort of thing, 220,000 apprehensions in this sector since october 1st and for that reason border patrol facilities are over capacity taking place and yesterday afternoon, more mass release of migrants in federal custody, we saw 500 being dropped off at a local ngo here in eagle pass, almost all of them single adults released from federal custody and free to travel elsewhere, once they are processed to many of them released via a parole meeting, they don't get any immigration charge and some have a court date. this video out of el paso, this

is a 3-year-old girl who was found abundant -- abandoned by smugglers after being dropped on the us side of the river near new mexico. no parents, no guardians and what you saw with that picture is not an isolated incident. justin martyr loan there were 14,000 unaccompanied children who showed up at the border, an 18% increase -- stuart: just astonishing, great reporting. astonishing numbers. brandon judd, national council border president joins me now. 1 million in the last 6 months, another million on the way. what is your prediction for the border area when the next surge arrives? is a collapse? >> it already collapsed. we have at times, there are 250

miles left, we don't have enough agents right now to patrol the border. go to yuma. and detention security, different activities law enforcement, with criminal cartels, nobody should have any question why there are so many drugs, because the cartels have control of the border, this administration will not put proper policies, to do our job and effectively protect the american public. i'm outraged and all our agents are outraged. we are beside our selves. blue one more outrage, those border patrol agents accused of whipping migrants, they have been cleared.

no white house apologies, with the president. this is outrageous. their reputation has been ruined and have been in a desk job for a long time. the morale at the border is down to the basement. >> i have never seen the morale lower than it is right now. we had senator haggerty on the border and went to a briefing and we generally see a lot of agents and, rotary. they like to be around each other. we feel defeated, he accused them of strapping, this president refuses to issue an apology even though he made an accusation and it is simply to pander to the public will base.

that's what the problem is and anti-law enforcement, and the citizens are less safe than we could be. stuart: the outrage level is rising everywhere. thanks for joining us, appreciate that, see you again soon. time for the tuesday trivia question, the oldest church in america is located in which state? the answer after this. . . better hearing leads to a better life. and that better life... ...starts at miracle-ear. it all begins with the most

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stuart: good question, the oldest church in america is located in which state, massachusetts, virginia, florida, new mexico. your guess, please, ashley. >> my extensive knowledge of religious architecture i will to with number three to be different. stuart: i would go with massachusetts but i'm wrong. it is new mexico. the mission was built in sante fe, 1610. roman catholic church holds has masses every sunday. neil, my time is up. neil: i wouldn't know that. valuable piece of information i can tuck into my head, promptly forget it. thank you very, very much, stuart. we're following a couple of developments in the airline front. they're racing ahead with the mask requirements being dropped. we do wonder what happens if this appealed, another judge decided, you know what the florida judge decided we will go the opposite way, will they reimpose the