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see what big tech was doing. >> going to make sure move media is slamming the brakes on this debate that i fear for the future. republicans in congress are paying attention, very closely, and again, you are going to see action next year. year. >> i'm expecting inflation to continue to raise and sounds bearish overall but will be bullish for the is to bees particularly putting numbers on the board. >> i think the cpi number is weakening but not low enough and fed is seeing the direction and seeing the direction they want to see and cpi will back that up tomorrow. stu: all right, born free, kidd rock. i believe kidd rock watches this program, frequently and that's why i believe we're playing his

music. 11:00 eastern time and it is december 12 and monday and dow is up 200 points to get things going. up 200 right there and nasdaq up 15 and lesser gain up 12 on s&p. show me big temporal integration, please. big tech, please. how many on the upside? only one and microsoft up a very strong $4.68. that's nearly 2%. the ten year treasury yield coming a little bit lower. 355 is the treasury yield on the ten year right now. all right, now this. yes, i was watching the england france world cup game on saturday, and yes, i saw harry cain miss the penalty kick that could have kept england in the game. the britts were having a hard time recently. life back home was disrupted by a very big snowstorm with freezing fog. lowest temperatures in a year. 5 degrees in some places. you expect that in canada, not

london. over there an inch of snow is a show stopper. electricity costs have nearly doubled in britain and going up more now that winter has arrived and this afternoon between 4 and 5:00 p.m. in the uk, electricity costs will zoom to four times what they were at the start of this year. going up from there. hold on. we're not done with the british blues. rail word workers stages walk -- railroad workers staging walkouts and nurses full strike before christmas. they want immediate 20% pay increase. doctors accident teachers and more holding meals on whether to jstrikers harry and meghan pour out their troubles and brits is

don't need that right after the passing of the beloved queen elizabeth. there's a pub in london now selling beer called harry's bitter. it's a weak brew, has only 3% alcohol. from new york city and the united states of america, the third hour of "varney & co." is about to begin. ♪ stu: more revolutions about twitter's -- revelations about twitter's censorship coming out over the weekend including michelle obama pressuring the company to ban permanently donald trump. byron york with us this morning. was twitter acting as an agent of the democrat party? >> well, they were acting in a way that was very beneficial to the democratic party and no doubt about that and what we see in the new revelations from immediately after january 6 is

that people inside twitter had been itching to ban donald trump for quite a long time. and once this finally happened, the capitol riot happened and they jumped and took their opportunity and certainly what the former first lady michelle obama said and she was first lady at the time. what she said was part of a group of people urging twit tore do this but not, i think, decisive in some sort of way. stu: you can't have weekly meetings between twitter executives and government agencies without thinking there's a conspiracy involved here. i use that word deliberately. would you? >> well, i'm not sure i'd use the word conspiracy but i agree there's every reason in the world to be suspicious because you have to remember there's been a lot of talk about twitter and the first amendment and twitter's defenders say, look, it's a private company. it's not subject to the first amendment and can do what it wants but there's a government

that's subject to the first amendment and might want to censor speech and instead of doing it themselves, which of course would violate the constitution, they get twitter to do it for them. so it's a more complicated process i think than twitter's defenders have said and, yeah, you've got to worry about social media companies, not just twitter meeting with the fbi, department of homeland security, other justice department representatives and the whole u.s. national security and intelligence power structure. really odd happenings. stu: any accountability here? can we look forward to some accountability? >> well, we're seeing it in two forms. one elon musk bought the company and is exposing some of the actions that took place inside twitter. now that's a very unusual solution to a problem with a social media company. i wouldn't imagine that that would happen with others. the other solution is the

incoming republican majority in the house of representatives. and they can investigate this, but we have seen the house stone walled in the past. we'll likely see them stone walled in the future and also republicans controlling the only one house of congress have a lot to do, you know, the news out of the u.s. mexico border this morning is just terrible, just a flow, a huge flow of illegal migrants coming across the border. this is something that house republicans will have to be very concerned about. and that'll have to act on a number of fronts. stu: elon musk talks about a great many different subjects: economy, politics, medicare, i wonder if that'll come out on something on the border to give us another elon musk headline in another different direction. we shall see. byron, thanks for being here, see you soon. thanks a lot. >> thank you, stuart. stu: back to the market, a nice rally for the dow industrials up close to 300 points there and

that would be 0.85%. we have jason katz with us this monday morning looking at the market. i want to look at inflation. cpi numbers out at 8:30 tomorrow morning. do you think we've -- inflation has peaked? >> it's certainly peaked i think from a goods and commodity perspective. it hasn't from a service perspective because there's this insatiable demand still to get out and do. it certainly hasn't peaked from a wage perspective. i think the fed will stay with their narrative and keep their foot on the gas, we'll get 50-basis points and they're going to subject that another 25 to 50 is in the offing. stu: is there a chance for a big stock market rally early next year given what you said about the fed and interest rates and inflation? >> i do. stu: you do? there's a chance of this? >> here's why, every pundit that comes on your show, what do they say? an overwhelming consensus of negativity, first half of next

year down, second half up, we'll be flat on the year. i looked at some of the bearish sentiment out there, the put to call ratio at a century high. a censure reigns reigns leading- century high. then look at individual american investors, 36 weeks of negativity of there being more bearish to bulls. that's more than the depths of covid and great financial crisis. it's not lost on me we have no shortage of challenging, but we know those challenges and so does the market at large. so i submit to you that next year if news breaks modestly podtive, you can get -- positive, even if it's short term, you can get a face ripping rally. stu: i like that expression, a face rippling rally, straight up. >> straight up because when you have so many people lop sided and caught wrong footed, you'll see a scrambling to cover shorts and get long. that doesn't mean we're out of the woods but just means we know what we know and talked about it ad nauseam and unless news

really breaks negatively, i think we see the handwriting on the wall where the news s i think we're setting umm for a little bit of a -- up for a little belter of a year than the pundits have been saying till recently. stu: gee, i hope you're right. jason katz, i pray you're right, jason, thank you for being here. see you later. lauren is looking at movers and starting with, how do you pronounce this? c-e-a-g-e-n. lauren: they're up 6% and positive results and phase 2 clinical trial for hodgkins lymphoma. stu: up 5.8%. that's a solid gain. cheesecake factory. lauren: they're down and price target going down to 29. goldman is worried that the traffic declines more next year at the restaurant because their channels show that the mid to high end consumer is starting to pair back and go out to eat less especially at places in the cheesecake factory realm. it's not good news. stu: cheesecake is considered

upscale or medium? lauren: high end fast casual. stu: cheesecake factory. lauren: it's not fine dining. stu: i go there frequently. lauren: what do you order? what do you order there? stu: cheesecake. occasionally. lauren: the asian chicken salad is amazing. stu: have you seen the calorie count on that thing? lauren: i don't look, i just order. stu: it's astronomical. lauren: that's what happens with salads, it's the dressing. you think you're ordering healthy. stu: new anglerrings release -- rankings released on best managed companies of the year. which is number one. lauren: it's microsoft. the institute ranked it number one overall and considered customer satisfaction and employee management, innovation and social responsibility and finances. second place is apple then ibm and general general motors and whirlpool. stu: ibm was no. 3? lauren: yes, last year every

company in the top five was tech and that's not the case this year. tech is down a lot. stu: yes, it is, i know that . thank you. now this -- i can't believe this, florida's busiest airport could soon run out of fuel. pilots are being told, hey, fill up your tank before you get to orlando or else you might get stuck there. who would have thought. spacex blasts off from cape canaveral with cargo headed to the moon and nasa wants to know if there's signs of water or ice hidden inside craters and we have a report on that for you. the white house insist they did not have a choice between who to bring home in the prisoner swap with russia, but my next guest says he has evidence that brittney griner was prioritized over ex-marine paul whelan and he'll make his case next. ♪

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insists there was never a choice between brittney griner and paul chief leeanne in the prison -- whelan in the prisoner swap with russia. watch this. >> there was never a choice poised by the russians. it was only ms. griner for mr. bout and they treat paul differently because of the especially -p knowledge charged and you said there's evidence that proves the white house prioritized griner's release over whelan. what's your evidence? >> yeah, thanks for having me on. so this deal -- these offers have gone as far back as multiple years ago. both the trump administration and the biden administration

were offered publicly on the record a one for one whelan for viktor bout, the international war lord played by nick cage in the movie lord of war, and both administrations rejected it. so russia went back with another offer that was accepted and then there's a whole nother angle where the corporate media, left wing corporate media is totally involved in the coverup and i found that nbc news had stealth edited its story claiming that it was either griner or wheel leeanne for bout and the russiad russians had either on the table and they self-edited their story saying griner or nobody and didn't release clarification without heat and the next day they edited the story and there's certainly a public record of a one for one being offered by the russians being declined by both the biden administration and trump administration because of the danger posed by this individual.

stu: i understand your point but i did not see any public statement from the biden administration about a one for one offer where it's whelan to get for basement i've not seen that. that's what they did for tram and reject that had. have you got proof and was it publicly stated they were offered, bout for chief leeanne? >> yes -- whelan? >> yes, the biden administration offered a 2 for two by the russians and one of the parties for the deal was trevor reed and another russian national convicted of smuggling $100 million worth of drugs and biden administration signed off on after of that deal to not accept the whelan for viktor bout so that was the two for two the russians off off off offerek half of the deal and reported by abc news in july of 2021 and then there was additional

reports in russian state media this offer was on the table and on the table increasingly before they captured griner and once they captured griner, it bake a lot more complicated. stu: the implication from what you're saying is that griner was prioritized because she's gay, a female, and a basketball player, prioritized over a marine? that's your implication, it was a political decision? >> it sure seems like that they valued brittney griner over a former u.s. service member who by the way was accused of espionage and might have been serving hyskon friendsatfoxnews.com in russia and is -- his country in russia and stuck there and choosing a basketball player over a man supra aural headphones served his country. stu: look at those markets. i like that for the dow

industrials and up now 266 points. the nasdaq up 33. we have green. now show me general motors. the u.s. has finalized a $2.5 billion loan for gm's joint battery venture with lg and used for three new lithium ion manufacturing fade pattern sailties, ohio, tennessee -- factories, ohio, tennessee and michigan. electric vans in europe being paused. lauren: to save money. they had a partnership with mercedes benz they struck three months ago to make the electric vans in europe and they're no longer doing that. they've paused it. they're going to focus on the consumer and existing contracts and they have a goal of 25,000 deliveries this year and far behind they want to be cash flow positive and get out their regular customers the evs they need and ordered. stu: sorry, i'm just -- lauren: distracting me.

stu: kidd rock i said earlier does watch our program and kidd rock saw me say that and he just sent a little video here, which i won't run on the air. kidd, thank you for that and glad you're watching the show. good stuff. lauren: always wondered what was going on. pay attention to me. now you're paying attention to kidd rock. stu: what's this about pete buttigieg taking private sets? lauren: fox news reported he's taken at least 18 flights private and taxpayer funded and it's common and a bad look particularly for pete buttigieg and he's a climate warrior and he's been criticized.

lauren: they blasted off the falcon 9 rocket yesterday and launching a japanese lunar lander into space and a rover for uae and nasa or bitter and searching for -- orbiter searching for signs of ice or water on the moon and taking five months for everything to actually reach the moon. it's very cool. this is all happening on the 50th anniversary of the last apollo moon landing. 1972. stu: that was the last time. lauren: 50 years ago. stu: a suspect in the bombing fashions a judge today and accused laker will be the first lockerbie suspect in the courtroom. the two polluting nations china and india gnat paying a dime an. steven moore is outraged and joining me next.

♪ eaking out after they were

denied service at a restaurant because of their religious views. the restaurant says their staff was too uncomfortable to serve them. we're on it. the tsa looking to expand their official recognition technology at airports around the country and growing concern about who has access to the images and how

they might be used. the report from newark airport is next. ♪

stu: yes, it is the most wonderful time of the year. love it. that is the fox square christmas tree outside our studios. 50 feet from where i am right now. it's a beautiful tree. by the way, if you're in new york city, take a picture in front of the tree and send to us. varneyviewers@fox.com. a lot of people have done that already and you'll see yourself on tv if you're not real careful.

lauren: i haven't taken a selfie yet in front of the tree. stu: i'll take one for you. airbnb cracking down on parties for new year's eve and cracking down on one night bookings across the countries for customers without positive reviews from previous stays. you've been warned. the orlando airport running out of fuel. how did that happen? lauren: bad weather. in a statement, the airport says weather issues along the gulf coast prevented reserve supply delivery of jet fuel. good news is weather has cleared and ships on their way to deliver and bad news is this disruption lasts till tomorrow night and airlines being told to fly their planes into orlando with enough fuel so they can fly back out and others being rerouted and might have to stop in atlanta or charlotte to fuel up, which means your flight is longer and delta is offering free travel waivers. stu: that's tough to orlando

with kids to disney. thanks, lauren. tsa wants to expand facial recognition technology at airports around the country. madison alworth at newark airport in new jersey. how do these facial scanners work, madison? reporter: stuart, the way it works getting to tsa check point they scan your face and compare with travel documents like passport or license. tsa saying this will make the airport experience faster and smoother but security experts are sounding the alarm. tsa has been testing this at airports across the country but it'll expand nationwide as early as next year. in a statement that fox business tsa defended the program saying participation in the testing of bio-metric technology is completely voluntary. passengers may notify a tsa officer if they do not wish to participate and go through standard id verification process. over 2 million travelers pass through ts, each day and -- tsa

each day and despite concerns of security experts around the similarity of this technology and china's facial recognition for surveillance purposes, the travelers i spoke to today were resigned to the change. take a listen. >> a little concerned. i mean, if it's just for travel, i get it but, you know, anything else that's a little bit privacy invasion. >> i feel like it wouldn't make a difference. they already know too much of us. >> it's the way technology is going. i'm not a big fan of it but there's no slowing it down. >> unless you really have something to hide, it shouldn't matter at all. reporter: stuart, something that i heard frequently is that people said, you know, if they have an iphone, they already use facial technology to unlock their phones so it didn't feel that different to them. it really just underscores if you can be faster and have more convenience, that's what rules the american's mind and that's what i've been hearing from travelers today. stu: you can't avoid it. those cameras are absolutely everywhere. that's the way it is these days.

madison, thank you very much indeed. the man accused of building the lockerbie bomb is due in court today. this is 34 years since the panam plane blew up over scott land. what do we know? lauren: his name is abu agila masud and he was taken into custody in the u.s. on sunday. he's the third person from libya charged in this attack. he'll be the first person to appear in a u.s. courtroom. a family member of one of the victims spoke out on "fox & friends" this morning. >> as for our government, it proves that overtly decades they haven't stopped and it's been in the forefront of six administrations and yesterday he was brought into u.s. custody, another person responsible for the murder of our loved ones. lauren: really put it is in perspectives, six administrations and investigators interviewed 10,000+ people. all 259 people on board panam flight 103 were killed and 11 on

the ground when the bomb went all over lockerbie scotland and traveling from london to new york in christmas in 1988 and the deadliest terrorist attack on british soil. stu: i remember it well. thank you, lauren. the dow 30 please with a sense of the market and the dow overwhen he willingly dom -- overwhelmingly dominated by winners and dow up 243 points. next, a michelan star chef bringing a new steak house, french cafe and market to a new york office tower in the middle of new york city. he has to be confident that people are returning to work full-time and that the cities are filling up again. chef daniel baloud, he's famous and he's next. ♪

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tell your doctor about an infection or symptoms... or if you've had a vaccine or plan to. tell your doctor if your crohn's disease symptoms... develop or worsen. serious allergic reactions may occur. watch me. stu: christian group was denied service in virginia over safety concerns. lauren: a restaurant canceled an

event an hour and a half before it was supposed to begin they say, 90 minutes. the name of the restaurant is the metzger bar and butchery in richmond, virginia, and they say they refused service after finding out the family foundations views on abortion and traditional marriage did not align with many of their employees. this is a statement that they posted. we have always refused to service anyone that makes our staff uncomfortable or unsafe and this was the driving force behind our decision. all of our staff are people with rights who deserve dignity and a safe work environment. the president of the family foundation says she has not heard from the restaurant since the incident and the cancellation, and she added what they would have found if they allowed us to have our event there is they would have been treated with dignity and respect. stu: you cannot chuck somebody out because of their religion, but you can deny them service on the grounds that they presence makes your staff uncomfortable. lauren: uncomfortable and feel unsafe. stu: nasty way around it.

lauren: which is saying because you hold these viewpoints, we think you're going to be a public knew sense of sorts. nuisance of sorts. stu: okay. let's go positive a bit. we have a real positive story here. the star chef daniel baloud bringing a new steak house and french cafe and market to midtown manhattan, new york city. daniel joins me now. welcome back to the show, sir. >> thank you. stu: you're putting an awful lot of money into this, i'm sure you are. you have to be very confident that the city is going to return with all these office towers full. >> very much, and i think with sl green, the company that's developing the building at 1 madison avenue, they have of course an entire new tower full of tenants. an amenity for their tenants, new beautiful rooftop there on

23rd street, and also we're creating a market, a french market -- stu: daniel, i know you and sure this is a gorgeous place charging high prices. >> well, no, it's about quality. stu: how do you know people will be in the city five days a week. we somehow our -- show our viewers sixth avenue monday and friday, very quiet because people are working from home two days. >> then there's also tourism in new york and new yorkers that live in new york and not everybody is office workers and we have confidence that new york will continue to be strong and also the building is already doing very well in its sales of this new office and -- stu: if i walked into one of your restaurants, i ordered a steak, what do i pay for that?

your top of the line steak, $50 or $60? >> i don't have to our you top of the -- offer you top of the line, i can give you a cut that's more affordable and delicious and same type of beef. but a different cut. stu: i don't want a discount steak. what's your top of the line steak? how much? >> it could vary. a top of the line steak could cost between $75 and $175 but could be less if that's a different cut. at lunch, i have a wonderful steak for a more affordable price. we're looking for something that's about quality and fair price of course always because we are always -- we stand with value for our customer, that's very important. stu: on new yorkers, tourists or otherwise, prepared to pay $75 for a steak? >> no, but there's many other offering around the steak concept that will be affordable

and i'm telling you -- stu: are they prepared to pay $100 per person, check size, that's what it is in your restaurants. >> not just mine but many of the restaurants in new york, certainly if they're for quality and excellence, it's about that. for example we just launched a new japanese restaurant called georgey, and next door to georgey is an ex-pensive experience, beautiful restaurant and next door is georgey parks and real affordable approach to sushi, same high quality fish offered in a box that you can take home, on the train, right in grand central station below 1 vanderbilt and grab your box and take to the office, and a lot of people love this alternative of high end service, high end quality, high end price but also

approachable, and i think that's what we're going to do at 1 madison is with the market it'll be the most approachable way of offering food through people -- stu: take away food from daniel boulud. >> a lot of take away counter dining. it's affordable, fun, and nice. stu: daniel, thank you for being here. >> you may see me around town. stu: yeah, watch out. i have to make room for the monday trivia question. what percentage of the word's population leaves in the northern hemisphere: 60, 70, 80, or 90%? the answer after this. .

. .

♪. stuart: the question is, what percentage of the world's population lives in the northern hemisphere? >> 90%. stuart: you're going with 90? >> i'm going with 90 because of a country called china. stuart: i go with 80, i go with the country named china. good lord, 9 answer is 90%. who would have thought. >> i was originally going with 60. when you said china, i said, it would be 90. stuart: you learn something every day. neil: thank you for that, stuart, very, very much. we're sprinting ahead, aren't we, stuart? a lot is lifted by likes of boeing, visa, i could also add american express and