they didn't overhire, and he were desperate for workers, and now they can finally get those, pick them off from witter, etc. but the problem is higher rates are going to definitely curb their access to capital. jackie: right. >> at the margin it's not good for them, plus they don't have the economies of scale. if the largest companies out there can't manage margins in this current environment and they're seeing margin pressure, how do small businesses survive in that environment? jackie: i want to thank everybody for joining us, stephanie, joani new york stock exchanger, chris, joe, steve, we so appreciate everybody breaking it down. we're going to toss it over to "varney & company." stuart: good morning, everyone. it is the first economic report of the first year, the unemployment rate in december moved down to 3.5 president. that's a historically low level. it was 3.7 in november. 2 the 2 -- 223,000 new jobs

added. all this sells -- tells us that the job market remains strong despite a series of layoffs at big corporations. a strong jobs report, now here's the market reaction. the dow industrials up about 360 points, nasdaq up 113. that's a stock market rally this friday morning. now look at interest rate as. the interest rate spread still very much with us, the 10-year yield, 3.67, town at the moment. meanwhile, the 2-year, you're at 4.40 right now, so that spread which is a recession indicator, that has widened. let's get to politics. they will try again to elect a speaker. eleven ballots so far have failed, number 12, the number 12 vote, should start in about three hours. they've been talking all might and we are told again that progress has been made. kevin mccarmy if has given --

mccarthy has given in to just about every demand. the border crisis, president biden goes to el paso, texas, on sunday. it will be his first ever visit to the border. nice timing. his handlers want to make it look like he's doing something while the house does nothing. better look at this too, riots and gunfire across mexico following the arrest of the son of the drug kingpin "el chapo." our open border has given the cartels the money to fight and disrupt the whole country. tesla's stock is down again, $102 a share, barely above $100. and get this, a physical fight between william and harry. yeah. friday, january the 6th, 2023. "varney & company" is about to begin. ♪ if -- ♪ ♪ whoop, there it is.

♪ whoop, there it is ♪ stuart: wait a minute, out seem. s like it's a back drop to an ice cream commercial. it is, it is. yeah, it is. we went through this last time around. lauren: we did? i was off that day. [laughter] stuart: let's get on with it. 223,000 jobs added in december. good morning, lauren. lauren: boom. stuart: take me through the rest of the story. lauren: the unemployment rate got wall street's attention the, that's my opinion. there are enough jobs open for people who want them. 1.74 jobs open for every unemployed person. there is a job for you. big but, those jobs are paying slightly less. wages are cooling off on an annual basis. they're up 4.6%. and we're seeing early warning signs that the fed is starting

to break the job market. leisure and hospitality remain strong. the revenge spending that we're seeing in services, we'll get an update on that at 10:00 with the ism nonmanufacturing number. but where we're seeing some disruptions and early warning signs, temporary workers down 35,000. that could be a warning sign. and if you look at i.t. and publishing sort of jobs, media jobs, those fell as well in the month. stuart: okay. now look at what the market's doing in reaction to this jobs report. it's only a half hour old, but in that half hour the dow has gone up to a gain of about 370 points, and the nasdaq's up about 120. that's an early friday morning rally. don't know how the market's going to close, but that's how we're opening up. kenny polcari with us this morning. kenny, you would have thought that a strong jobs report would mean that the fed is likely to keep raising rates to calm things down, and the market wouldn't like that. so why is the market up? >> listen, i think it's

ridiculous, right? yesterday we saw the massive overreaction to the adp, today we're just taking back what we lost yesterday, so really the market is flat, right? i think the market is nowment anticipating that the -- now anticipating that the fed is going to remain hawkish. they're getting used to that. why there is this reaction because unemployment went down to 3.5%, in the wrong direction, and wages actually got weaker, yet inflation is still at 7.1%. there seems to be a disconnect to me which just suggests that it's confused, it doesn't really understand but yet, in my position, i see the fed doing nothing but maintaining that course and remaining hawkish. so i think you're going to see this rally that we're seeing this morning just kind of temper itself. stuart: that was my question, and you just answered it, you think we're doing -- going to be in the doldrums by the end of the day? >> i don't think it's the doldrums, but i don't think we're going to end the day up

3-400 points. i think the market's going toally in the premarket, and as there's more analysis and we understand that the unemployment rate's going down, not up, that's not good, wages are weakening, that's not good, so i think the market's going to reanalyze what this action has been. stuart: but it might not be all about the fed. after all, a strong jobs market implies real strength in sectors of the economy which is good for stocks. >> well, that's good. in the long run, that's good. but notice i think all these job losses that have been announced at the end of 2022 the in early january, they're not reflected in today's report at all. heir going to be are reflected starting in the february report and beyond, and i think that's when you're going to see a much more dramatic move in the unemployment rate and the job market. look at what the ceo from microsoft did yesterday, he thinks it's going to remain

through 20 the 25, not million, but through. that's 36 months of a difficult time in the tech industry if you listen to him. stuart: thank you, kenny. we did see that, and we did report it about microsoft. we're going to leave it right here with the dow futures up over 300 points. kenny, thanks for being with us. see you again soon. >> bye-bye. stuart: there is still no speaker of the house. they've tried 11 votes, one of them worked. is there any chance that the republicans will break the gridlock today? lauren: of course there's always a chance, but i think this is starting to feel like groundhog day, i mean, right? day 4, we're about to see the 12th vote for who the heck the house speaker is going to be. kevin mccarthy has made many concessions to his critics, offering to make it easier to move him and deals on committee assignments, but there are still about 20 opposed to him. and fox news reporting that, yep, lawmakers likely working through the weekend to elect

their speaker. stuart: so it drags on, in other words. lauren: very possibly. stuart: that's the feeling, it drags on and on and on. congressman-elect andy biggs has campaigned against mccarthy since before the new year. is there any chance that biggs -- [laughter] will change his mind? lauren: no. he's never kevin. fox news digital asked the arizona congressman, what could ken mccarthy -- kevin mccarthy do to get your vote? the answer is one word, nothing. he can only lose 4 votes to get through, and that's assuming full attendance. so who are the other likely never kevins? most people would put matt gaetz in there, that seems to be personal. and i put dan bishop in there, he was a congressman who threatened to leave congress if the rebels don't get what they want. i think those two are definitely no. can i take this back to andy biggs? stuart: yeah. lauren: major trump ally.

trump says vote mccarthy. he didn't swing a single person to his side, and i loved this editorial in the arizona republic, the hometown newspaper for andy biggs: donald trump populism is dying. and if you could choose anyone to lead its it, i couldn't think of anyone more fitting than andy biggs. stuart: mollie hemingway is with us this morning, can you give us any idea on how this speaker vote is going to play out today, over the weekend or next week? how does it end? >> well, i'm not sure if anyone can predict exactly when it will be resolved. you have a lot of people pushing for a quick resolution here, but really if you don't like how congress has been operating in recent years, if you don't think that congress is operating in a healthy fashion, you should be very happy with how these negotiations are going. you know, stuart, that kevin mccarthy has agreed to many of

the demands that these conservative holdouts have -- stuart: all of them. >> these concessions are good though. i mean, held -- stuart: yes. >> -- include are things that could help get more conservatives in congress, that could help have a more fiscally responsible budget, that could have more conservative say in legislation. so things are going well if you are someone who wants a more responsible congress or if you are someone who thinks that congress has been really broken in recent years. stuart: if the holdouts have gotten just about everything they wanted, why don't they now vote for mccarthy, just get on with it? okay, there are some who are 9/11 kevins -- never kens for maybe personal reasons, but if the rest of them say, okay, we got what away -- we want, we'll vote for him. why don't they? >> i think we might see some movement. i've heard it pointed out that dan bishop said he would leave congress if kevin mccarthy were made speaker. that's actually not what he was

saying. he said he wants to affect change. these conservative holdouts want to affect change. the only time he was leverage is before a speaker is named. and so as soon as a speaker is named, they lose all that leverage. so, again, if you want massive improvements, if you want major change, now is the time to push for it, and that doesn't mean that you won't eventually support kevin mccarthy who's done a pretty good job of building the coalition, of being response i to the demands of people. -- responsive to the demands of people. the problem is not that they're having a debate over the speaker, the problem in d.c. is there wasn't enough debate in the senate about who should be leading the republican party. there's never enough debate about the bills. we just had a $1.7 trillion omnibus with virtually no debate. that that frustrates americans, not waiting a couple of days to see who the speaker's going to be. stuart: molly mollie hemingway, interesting point of view. back to the futures market,

we're not quite as strong so, but the dow is still up about 300 points at the opening bell. here's what's coming up. you remember this clip from "stepbrothers"? [background sounds] stuart: i'm not sure why we're running that a so early in the morning for our family audience. [laughter] lauren: your not sure why? stuart: i know why, it's because of this: according to prince harry's leaked memoir, something like that, the fight, happened between harry and his brother, prince william. it was a real fight. president biden says the u.s. will begin turning away cubans, haitians and nicaraguans who cross the border illegally. congresswoman-elect salazar will join us with more on that next.

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♪ i'm gonna be your number one, number one. stuart: i like this. i like the rhythm of this song. it's peaceful and rhythmic, and i kind of like it. you're looking at tampa. by the way, that is tampa. it's january, and it's only 358 degrees -- lauren: it's almost warmer here, almost. stuart: all right. florida actually is grappling with its own influx of migrants from cuba. hundreds have arrived in the state since the new year holiday weekend. phil keating's got the story. hey, phil, anything being done

about this? >> reporter: well, the biden administration is attend tempting to, after their big announcement yesterday, that most will be expelled. two more boat landings mt. florida keys in the past 24 hours, those happening just south of key largo. and all of these illegal migrants who make the land shoring in florida, well, they all are bussed here, brought here for processing at the customs and border facility here. down in the florida keys from key largo to key west, they're witnessing often daily arrivals which end with the migrants stranded on the shoulder of the overseas highway waiting to be picked up by police or sheriffs' deputies. it's overly straining locals and the feds, migrant encounters have surged 500% since october including boatloads of haitians like this one off of key largo on tuesday. the roughly 400 cubans who landed in the very remote and

uninhabited dry can tortugas have all now been removed to the mainland for processing. the park, which is only accessible by boat or sea plane, has been closed to the public all week. this was all part of an overwhelming 72 hours over the holiday weekend with about 600 people arriving in 25 separate landings. two rescues happening at sea by cruise ships who spotted the small boats and brought hem to the shep. them to the ship. president biden announced a radical change yesterday, limiting the number of cubans, nicaraguans and haitians to 30,000 a month. biden says the rest will be expelled. while the u.s. coast guard interdicted about 4,000 migrants at sea since october 1st, well, the vast majority of these migrants, including the cubans, are actually crossing not into florida, but into texas via the mexican border. stuart? stuart: phil keating, thanks

very much, indeed. congresswoman-elect, maria salazar werner, joins me now. do you welcome thisaway of cuban migrants coming to your state, or do you want to send them back? >> well, that's a fantastic question. i have to say to you, what would you do if you're escaping tyranny, if you're escaping one of the worst tyrannies in the western hem spear? i would try to -- hemisphere? i would try to solve the problem at home. but you're saying tampa. miami, florida is another border sate. and the president, president biden, has introduced or presented a new measure that is just a little, tiny band-aid on a very big, bleeding wound which is the whole immigration problem. cuba, haitians, wednesday vail a lands, nick nicaraguans, hondurans, everyone wants to come to the promised land. do you blame them?

no, i don't. what we need to do as a serious administration is to overhaul the immigration system. and yours truly, maria salazar, republican, has introduced the only overhaul immigration system law to the biden administration, but they just don't pay attention to us. so when the president says i'm going to go to the border, yeah, that's wonderful. he should come to i key west and to florida and to see what's happening on the other side and work with us, the republicans -- stuart: the president is, the president's going to el paso. i think he's going to be there on sunday. he is going to visit the border. >> he needs to go every week. stuart you don't think anything substantive is going to come out of this? >> no. it's all posturing. it's time for us, republicans and democrats, to sit down and fix the immigration mess that we have at the southern border. president biden, two things. he promised within the first 100 days of his presidency that he

was boeing to introduce immigration -- going to introduce immigration reform. he didn't do it. now he's saying he's going to go to the bodder. good -- to the border. good, we welcome him. after that he should go to florida and really tackle the immigration system in this country. we have an impasse in washington that i am part of that, and we're trying to solve it this morning, but we have a major, big problem with immigration. and like i said, i introduced the dignity act, and no one is paying attention to me. [laughter] stuart: okay. well, i am. we are. >> good. no, i mean the biden administration. stuart: okay. your colleague, congressman-elect don baker, he's ripping into the republican holdouts who won't vote for kevin mccarthy as speaker. just watch this for a second. roll it. >> and it's on these 20 people. they're embarrassing the house, they're embarrassing the republicans, they're embarrassing our country. stuart: how do you feel about these 20 holdouts and the inability to elect a speaker?

>> thank you for asking me. i look at it very similar to what i was telling you about the cubans and venezuelans, specifically the cubans. i look at it in a positive way. this is democracy. it's mess if city. it's -- messy. it's uncomfortable. we're all us from rated. i was talking to mr. bacon yesterday, of course, that we don't like it. but, you know, those cubans who are trying to come in and they're now invading the island of tortuga, they would rather have this system in the last three days than what they're suffering and escapes from -- escaping from. it's the best democracy on everett. we don't like it? of course. do we need to fix it? yes. in 1855 it took them three months, and look at what the founding fours created, what a great -- fathers created, what a great country we have. stuart: thanks very much for joining us, congresswoman-elect. we appreciate it. >> sure. thank you for having me.

stuart: look at this, this is how the market's going to open. not quite as strong as a few minutes ago, but the dow's going to be up about 280 at the opening bell, nasdaq up about 60. no idea how we close. we'll be back. ♪ ♪ keep that money, money ♪ with fidelity income planning, a dedicated advisor can help you grow and protect your wealth. they'll help you create a flexible strategy designed to balance growth and guaranteed income so you can enjoy the life you've created. that's the planning effect. from fidelity. teeth sensitivity is so common. it immediately feels like somebody's poking directly on the nerve. i recommend sensodyne. sensodyne toothpaste goes inside the tooth

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stuart: we're still looking at some green on the left-hand side of your screen, dow up about 300 points at the opening bell. tech guy mark mahaney with us morning. why is netflix if your number one stock pick for 2023? >> okay. good morning, stu. you want to get highly tactical, we had a terrible year for tech stocks last year, and i'm not sure we're going to have a better setup this year, but it if you find companies that have new revenue streams, that are somewhat recession-resistant and have taken costs out of their structure, they can they can work well, and i think that's netflix. i think there's a lot of upside here, and it all comes down to this new advertising-supported offering that they're rolling out. this hits a major pain point for a lot of subscribers, which is

price that's been rising over the years. i think they've kind of painted themselves into a bit of a premium price corner, if you will. this gets them out of that, and they can actually reduce their prices by 30% on their low-priced offering and still generate more revenue per user. that's whyst such an interesting opportunity to be long net flick right here -- netflix, it's our top pick. suit stuart would you like to speculate where it will be at the end of the year? we're at 311 now. where's it going? >> we have a 12-month, $340 quite target. what i tried to do is look beyond and see what's the real upside in the stock. can you get to $20 in earnings on sock in 2025. we hi there's a reasonable scenario in which you can do that. if so, we think there's $500 upside at some point in 2024. i know that's over a year away from now, but those who are patient, long-term investors, you know, i like a story that if

we go through a recession and consumer spending gets weak, here's a very inexpensive way to stay entertained. $6.99, i think that's the cost of a large latte at a lot of coffee shops. buy netflix. stuart: it was $7 for a starbucks mocha chocolate or something or other just the other day. net application is a bargain, that's a -- netflix is a bargain by comparison, that's a fact. netflix at 311, going to 340 by the end of the year according to mark. all right -- >> thank you. susan: the ad tier, it was the least possible choice in november for netflix sign-ups. stuart: okay. have we started trading yet, yes, we have. it is now 9:30. we're starting with a gain for the dow of approximately 250, 260 points. look at the dow 30. 28 of them have opened higher. a couple have not opened yet, so

we may see a clean green sweep in just a couple of minutes, and the dow is, indeed, up 250 points, three-quarters of 1%. what's the gain on the s&p 500? if a gain of well over two-thirds of 1%, solid. and as for the nasdaq, the composite index has a gain of one-half percentage points. we're up across the board this morning. big tech, where are we? i'll give with you some numbers. meta at 128, apple up slightly. microsoft is down again, not much, but 49 cents lower. alphabet's down and amazon is off 1%. all right, let's take a look now at wwe, the wrestling people. i'd call that a solid gain, 11%. i take it, susan, this is about the possible comeback for vince mcmahon? susan: that's right. electing himself chairman after being ousted last year over a sexual misconduct scandal. so he's the largest shareholder, he can bring himself back, and he did along with two loyalists

he's put on the board, and the main objective is to sell the company to the highest bidder since wwe styles itself as a content media conglomerate and really not just a sports company. this is being called a succession type of move. you've watched the show, right, on hbo max because right now big man's daughter currently runs the company, so he surprised everybody, including her, bringing himself back. the stock is up 46% over past year. stuart: he's the executive chair. susan: he can do whatever he wants. it's your show, you can do whatever you want. by the way, i wanted to ask you quickly about the jobs numbers. i saw you on "fox & friends." do you think it was pretty much a goldilocks report? a lot of people are saying it i. stuart: it satisfied a lot of sectors. wage growth came back, that would satisfy the fed. they're happy about that. but the economy is producing loss of new jobs and low

unemployment rate -- susan: right. wall street pricing in a peak if interest rate of 5%, which is pretty good. stuart: that is interesting. i've got to show you costco. i happened to visit a costco store the day before christmas. it was pure chaos. the computers were down in that one store, and all hell was breaking loose. but overall, they had a strong holiday. susan: $23 billion in sales over the 5-week holiday period. that's a jump of 7% over the past year, pretty good given we're in this high inflation environment and better than expected. the big number that jumped out was comparable store sales number. highest since june. so that's impressive. pretty good. and that shows consumers are still spending, bouncing back from 6-month lows, that's where the stock was yesterday. i don't know if you pay $60 or $120 for your membership piece, but those are going up, for sure, because they tend to in 5 to 6-year cycles.

stuart: well, they've got pricing power. susan: discount, bulk buying still very popular. stuart: i'm always interested in bed bath and beyond. susan: you are? have you been in one lately? stuart stuart no. susan: that's the problem. [laughter] you're kind of the consumer indicator. they only have a few weeks left until they file for bankruptcy unless they find a white knight. hard to do in this environment. bed bath is running out of cash, losses are up 40% over the holiday period. they're bleeding close to $400 million. and the holidays are typically the strongest time of year for retailers, so we're staring at 30-year lows for the stock, ryan cohen sold off his entire 10% stake because he doesn't even think he can turn this company around, and i think that's pretty indicative. stuart: it's a shame, because i used to like that store. susan: 20% discounts. in the mail, mind you. stuart: tesla, why are they cutting prices in china?

susan: because they're trying to attract buyers. teslas are now 40% cheaper in china than here in the u.s. so model y crossovers cost almost half less, model 3s are are almost a third cheaper. they cut prices by 10 last night, so model ys start at 37,000, model 3s at 35. tesla's trying to compete, of course, to maintain its market lead in a pretty tough market with a lot of tough local competitors, so think of the nios and the x pensions, and they shell their -- xpengs, and they sell for a lot cheaper. karatmy wood -- cathie wood did not buy last night. demand is waning, i'm wondering if it cracks 100, would stu varney buy it? stuart: no, i wouldn't, but i'd like to know how cathie wood feels about it. she just piled in early this week or late last week -- can. susan: she has to put her money where her mouth is, she called

for $4,000. stuart: gutsy lady. all right. gotta talk southwest airlines. those waves of mass cancellations over the holiday period, that going to hit profits? susan: by more than $800 million pretax, so that means a loss in the final three months of last year. southwest canceled 16,000 flights, you weren't part of that, lucky you. many people are saying, look, everybody else got back up and running a lot faster, so this is inefficiency, bad planning. ill say airlines as a whole outperformed with the chinese travelers, by the way, the main source of tourism dollars before covid started. stuart: does that mean that these cancellations are going to cost them $825 million to fix the system? susan: yeah. i think in terms of giving back some of the refunds was $400 million on its own, but it has that knock-on effect of other flights being impacted. stuart tooth that's a lot of money. cryptos, i think we've got some more bad news for crypto-exposed

stocks like, for example, silver gate. susan: well, the question is can they survive. that $8 billion plus bank run thanks to the ftx collapse that forced them to sell over $5 billion in debt at a loss and laying off 40% of their workers, jpmorgan came out with a note saying it's only worth $14, and that's down from the 34 that they previously penciled in. and genesis, remember genesis? one of the largest institutional crypto margin lenders out there, possibly headed towards bankruptcy. they're laying off 30% more of their staff. their crypto exchange, gemini, that contagion continues. stuart: and crypto, bitcoin still at $16-17,000. susan: again, 78% of the bitcoin holdings has not moved. stuart: thanks very much. coming up, union pub in d.c., it's speaking up a speaker of the pub special deal. it'll cost you $218. what do you get in the pub for

that? the general manager of the pub will tell us. hundt join -- hillary clinton joining the ivy league. she's going babb to school to teach global affairs this year. we'll tell you where she's going. oscar mayer hiring its newest class of hot doggers to travel across the country in the iconic wienermobile. if you really want 'em, we've got details on that. ♪ hot dog, hot dog, hot diggity dog -- ♪ ♪ if your business kept on employees through the pandemic, getrefunds.com can see if it may qualify for a payroll tax refund of up to $26,000 per employee,

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tesla? lauren: absolutely. and the way they're going to do that the is when hay make their charging network available in the u.s., any ev can use it whereas tesla has huge 40,000ev stations to charge globally, but for now only tesla can use their charging stations. so 400 coming to the u.s., it costs $1 billion. they're going to put them in safe, well-literaries, and i thought that was -- lit areas, because where do you see charging stations? by a dumpster in a parking lot or something. [laughter] stuart: yes, that's right. lauren: so they want to make a you peel safer. stuart: and serve your a cup of coffee. maybe. i'm speculating here. what else have we got here, ram, okay, as in dodge, they've unveiled their all-new electric pickup. they revealed this at ces in vegas. car guy gary gastelu is here. you got a look at this car. why are we promoting it on this show so much? >> the fact that it's electric

isn't even a big deal. everybody's got electric cars right now, ford, general motors, but we're looking at the point where you have to compete in other ways. that meanses cool features. what's the cool feature on? since it's electric the, they can change the shape of the cabin, and they made it big enough to fit three rows of seats for the first time. second row slides forward, and there's jump seats in the back. now, they haven't confirmed they're going to put that on sale, but they're asking customers do you want this, we can do this for you. this could be a game-changer. it wasn't that long ago where two-door trucks were most trucks, now you can't even buy some trucks that don't have fou- stuart: is three rows of seats that big of a deal? >> it is, because it adds to functionality. put luggage, groceries and stuff inside the vehicle. the back row folds down so you can stretch the cargo area into the cabin, and there's a tunnel

the, you can put in 18 to 20-foot boards or pipes into the vehicle completely enclosed within the confine ifs of the vehicle while you're hauling things around. one other neat feature, it has something called shadow mode, so when you're outside the truck working on a farm or construction or something like that, it will follow you along as you're walking along. sawr stuart the car will? >> yeah, just like a dog. stuart: are you sure -- are you comfortable with that? >> well, i mean, at 2 miles an hour i'm not too concerned, but i would probably want to look over my shoulder just to make sure -- stuart: have you got an electric car? >> 20 do i own one? no. but i've driven plenty of hem. the charging stations, that's a big issue, and half of them don't work when you show up there. lauren: really? >> you're in the back of the parking lot, you have to sit there for 40 minutes, kill time at target or getting a sand sandwich, something like that. ram hasn't said how much range this will have, probably over

400 miles, and you're able to charge it to get 100 miles of range in 10 minutes, but everybody still has to get that a little shorter. stuart: i don't feel like spending 10 minutes for 100 miles' worth of charge. any idea how much it's going to cost? >> they haven't said for sure, but right now the electric trucks are running from 40 to 100 grand, and, of course, it's going to qualify for the principal tax credits and state -- federal tax credits. stuart: looks good, i've got to say. i like three rows of seats, but i'm not sure it's a game-changer. thanks very much, gary. google is bringing hd maps to some cars. what does that mean and why should i care? lauren: i think it means you would feel safe taking your hands off the wheel like on the driveway -- on the highway. stuart: what? lauren: because the hd mapping technology lets you see really granular details. it can see everything for you. and then you have the sensors as well, so put hem together and

eventually google wants to help you feel comfortable just maybe relaxing a little bit on the highway. you'd still be sitting in the driver's seat, but it has all those capabilities. then if you partner your technology with your google smarthome device, you can say, hey, google, start the car. how's my battery look? when do i need to go to a charging station? so you can integrate it. it's happening soon with the pollstar 3 and the volvo ex90 electric vehicles. stuart: gotta move on to your favorite subject. lauren: you just didn't like that story. stuart: oscar mayer, they're looking for drivers for their new line of wienermobiles. what does the job entail exactly? lauren: love meat. it's in the job description. [laughter] love travel and like meeting with people. basically, if you get this job, you're the head of a marketing firm on wheels that looks sort of strange. the seven dance rate is less than 1% -- acceptance the, so it's easier to get into harvard. stuart: the acceptance rate is

less than 1%? lauren: correct. >> so for every 100 people that want to be a driver, only 1 gets accepted. lauren: yes. and there are 12 positionses open. -- positions open. stuart how much does it pay? lauren: i don't know. i've been trying to figure that out. stuart it's got to be a lot. lauren: you have to be daring and is want attention on you. you'd be great for it. when you retire, stuart, i've got a job for you. stuart: okay, move on. [laughter] don't forget to send in your pretty feedback. e-mail your questions, comments, critique to varney viewers@fox.com. detractors found a new kevin to replace ken mccarthy for the -- kevin mccarthy for the speaker vote. we'll bring you the details. nearly a billion dollars up for grabs in today's mega millions jackpot. jeff block has the latest on the mania -- can jeff flock has the latest on the mania next. ♪ -- you're one in a million,

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stuart: i guess our market watcher, kenny poll car -- poll

poll carry, got it right, he said the market would start to fade, the nasdaq the's on the downside, the dow can's' up -- can dow's up only 140. it had been up 300. tonight's mega millions jackpot has reached $940 million. jeff flock is with us. if i win, jeff, what's the lump sum i'd take home? >> reporter: if you won, you would, of course, have to plunk the $2 the down to play and get a ticket which, knowing you, i don't think you're going to do. but if you did win, of course, you'd have to go to one of these kiosks and buy a ticket. but here are the numbers if you did win. the $940 prize is only if you take it over 30 years. at your age, sir, i would suggest you take the lump sum, which would be $483 million. of course, you've bot to pay taxes on that. the federal tax would be something in the neighborhood of $178 million, and then the state and local taxes in new york, that's another $71 million.

so bottom line, you would come out with, by my if calculations, $233 million in actual cash money you could spend which is nothing to sneeze at, but it's nothing like the other jackpots out there. there was one that was, i think, $200 million -- $2 billion in november of '22. the chances of you winning, however, of this one, 1 in 300 million, which means you'd have a better chance of being in a plane crash and dying, that's 1 in a million, being attacked by a shark. that's 1 in 11 million. or being elected president, had be a 1 in 10 million chance. or being elect speaker of the house, i think that's about 1 in a billion right now, but that's just my own personal calculation. stuart: it's a rotten deal, jeff. any way you cite it -- >> reporter: it's a rotten deal. stuart: it's a rotten deal. $940 million gets cut down to $233 million if you take a lump sum and pay all the taxes.

i don't call that a good deal. >> reporter: no. you're better off getting married. you can give away money faster that way. stuart: you have some experience at that. but let me just ask lauren, have you bought any tickets yet? if. lauren: no, but you guys are pathetic. you could be $200 million richer, and you're companying about -- complaining about the taxes. $200 million. i'll take it. i'll take $1 million. stuart: you youngsters don't remember the numbers game played in the 1960s. you'd bet on the last three digits at the close of the dow jones industrial average. they had numbers runners all over the office buildings all over america. this is the mob, of course, the mafia ran this thing. they paid out 90% of the take as opposed to legalized gambling with they -- where hay pay out only 50%, and with the mob there's no tax. lauren: i remember. speaking of the mob, my grandfather had this little square, plastic square with a little ball in it, and hollywood

shake it. and the number that the ball went on would be the number that he would pick when he played the lott toe. i should see if they still have that. i used to play with it all the time. stuart: i hope our viewers are as fascinated by discourse as we are. back to the big board -- lauren: did you say good bye to jeff, by the way? stuart: oh, no, he's gone. the dow is up, what, 193 points, that's almost .6%. the rally goes on for the dow. look at the winners, please. there's 30 dow stocks, and the winners are walmart, dow, travelers, caterpillar, procter & gamble. the s&p 500 winners, costco doing very well after a really spectacular christmas season. their sales up 7%. and the nasdaq composite, the winners there, again, costco's at the top with broadcom many there as well. still ahead, tammy bruce, former acting attorney general math hue whitaker, steve -- matthew whitaker, steve hilton ask and sandra can smith.

the 10:00 hour is next. ♪ ♪ oh, my, my, looking like a good, good time.sh c ♪ don't disguise ♪ for the first time is a unique challenge. -so you think you can help? -i can try. hey, what you doing? oh, just cleaning my trash cans. wow. it's important to build trust. see you put your address and phone number on here. .. but we can protect your home and auto -when you bundle with us. -don't look at the hedges. -they're a mess. -no one's looking at the hedges.

stuart: by purple a request we are playing elvis.