tv Varney Company FOX Business January 17, 2023 11:00am-12:00pm EST
11:00 am
11:01 am
>> t going to be -- it's going to be a bad year because we've lived in economic crazy land for the last two years. it's not a good recipe for 2023. >> the three biggest economies, china, european union and the u.s.. all slowing at the same time and it doesn't bode well. >> we have seen a cascade of revenue coming into the federal coffers and the trump tax cuts pay for themselves and then some. instead of $1.5 trillion deficit revenue loss, it was a $1.5 trillion revenue increase. jowski this is a stock picker's market and the adults in the room were the sleeping grandpa in the corner. don't underestimate the republicans willing to mess this up that . is a opportunity for the republicans to seize on.
11:02 am
stuart: what's this? put it up on the screen please. what am i looking at? never going to give you up. lauren: i guess we're never going to give you up. stuart: where do i come into this thing? leave me out, please. it's 11:00 eastern time, it is tuesday, january the 17th. we'll show you the markets. the dow is down 325 points, move quickly please to show me goldman and travelers. those are two dow stocks that are taking enormous number of points and over 200 points taken off the dow because of those two stocks. show me big tech please all over the place. apple, microsoft up, meta, alphabet, amazon down. the 10-year treasury yield. where is that? down to exactly 350. now this, occasionally britain sets a trend that we in america follow. here's a trend i hope we pick up on soon.
11:03 am
let me introduce you to the mckayla community school in north london. it is one of 400 so-called free schools similar to america's charter schools but mckayla goes a lot further. big, bright bill bards around the -- billboards arnold the school in block capitals, i am the master of my fate. work hard especially when it's difficult. it is a super strict school, silence in the corridors, merit points are handed out and the kids eagerly compete for them. they want success. they want to compete and they want to win and they do. it is racially mixed and there are plenty of poor kids, academically it is one of the best schools in the country. this is the direct opposite of what we're seeing in america. over the past weekend, it emerged that a school district in virginia deliberately held back honors awards because those awards went against the progressive's idea of equity, that is equal outcomes. outcomes don't win
11:04 am
because others will lose and be de-moralized and everybody needs a trophy, and nobody fails and hard work is not on the progressive's agenda. after the dismal performance in the elections, that trend offers a solid example of how to start getting out of our own educational mess. that's my opinion. third hour of varney starts right now. ♪ charles payne joining me this morning here in new york city. stuart: charles, you have experience with charter schools. you know what hart work is all about. >> jewaun, i was in a -- yeah, i was in a border school in south bronx for a long time on the board and i quit because there were too many liberals. i did because i got so missed off and i was told -- pissed and it was on classical education
11:05 am
going back to the greeks and very rigorous, very demanding, but i saw something interesting is the first year we hired -- almost everyone we hired was an ex-schoolteacher or formally in the system and they didn't last. they did not last. we got a lot of teachers from teach for america, young, bright eyed, energetic and not in it for the union benefits but for the kids, and that was one of the things that first struck me. teachers that spent a little bit of time in the unionized new york city system, they just weren't ready to offer the same sort of education that these young, bright eyed kids. they'd get on a train and come from lower manhattan to the south bronx, two hour ride to teach these kids and i love that had. it was all about the rigors and that faded and i got frustrated but similar to what you were talking about -- and here's the thing, we didn't need billboards. parents would cry. we have to have a lottery for the students. when they kids were picked, the parents would cry. you go on the first day of
11:06 am
school, the first day of school you should see these parents. here's the thing, in this neighborhood, the poorest economic district in america and right now the population is about 30, 40% africa, first generation had just come over. it was embarrassing to even try and pronounce the names and all the kids get in line. the parents, the mothers, they want them to have this rigorous education and they want it. they want it, they cried when their kids got accepted. stuart: they want competition and want to win. >> yeah, i grew up in the military the first half of my childhood too. same thing. it was so rigorous and when i got out and came to new york public school, i was shocked. really shocked. stuart: i bet. i want to move on. economic pessimism at an all-time high and only 36% of those think our families will be better off in five years. do you think that kind of pessimism is warranted? is that justified? >> it's not warranted but it's real. the interesting thing, this one survey from edelman, be careful
11:07 am
a lot of surveys come out before the world economic forum and pwc has one and i worry that edelman's solution is to focus on climate change getting collaboration with government and hold false information accountable. this is why we're pessimistic in the first place. we keep scaring the hell out of kids all the world is going to melt. i looked at a chart this week, the co2 emissions of china. here, india, here, america is there. we're not going to change the world. why are we making more -- why are we scaring the hell out of our kids and their parents? you know, as far as america is concerned, pugh had a survey similar to this. pessimism about your children's future, and 2019 and 2020 we were 57% didn't think kids would do better than their -- than they have done and the number is at 72%. even in the throes of covid when it hit, we're not as pi mystic as now. one of the problems for the
11:08 am
western nations is all the free money. we've gotten away from pulling ourselves up by the boot straps and the more we become use or accustomed to getting free money, stimy checks or otherwise, we lose faith in ourselves to do that. stuart: you're right, charles, that's great stuff. >> you got it. stuart: i'll be watching you this afternoon. >> thank you. stuart: i believe it's 2:00 p.m. eastern. >> 2:00 p.m., we'll make a little money. stuart: making money with charles payne, you're a good man. see you later. >> you too. stuart: check the markets, please. the downside moving the dow has gotten a bit worse and now down 363 and we're up, nasdaq down 25 and s&p down almost 9 points. mike murphy joins me this morning. goldman sachs is the big problem for the dow shaving more than 100 points off it because goldman is down 6.5%. that was a pretty bad earnings report. what did it tell you about the economy and the markets? >> good morning, stuart. if you look at the report from goldman, it sums up where we are today. profits are down for the quarter
11:09 am
and their expenses driven by the employee expense are up. if you're running a business and have to spend more money to have employees and you're making less money, that's not a good equation. it doesn't add up. it doesn't work. so what's goldman going to have to do? they'll have to have more layoffs coming to get their costs under control. that's bad for the people who work there but the fed is trying to slow down the economy. more and more people will be out of work because of it. stuart: and it's working. the economy will slow; right? >> absolutely. stuart: okay. all right. stay there, mike. i believe you volunteered to be with me for the hour. lucky man. lauren: did you volunteer? stuart: we press ganged him into it. >> i love being here with you guys. stuart: i got some stocks that are moving and you have to explain what's going on. i see alibaba down. i thought they were going to go up. ryan cohen? lauren: so ryan cohen is trying to turn alibaba into a meme stock like bed bath and beyond and others and he built his
11:10 am
stake in alibaba and "the wall street journal" reports he's trying to push them to move their buy back program and traders are not following him. alibaba is much larger than game stop, much larger than bed bath and beyond, which is up 8% and you have to deal with president xi jinping who really doesn't want capitalism in that country so this instance it's not working for ryan. stuart: ryan cohen goes in, the stock goes down. interesting reaction. then we have it, snap, they're way down, well, down 3.5%. lauren: cut a notch out of jmp securities and they prefer google's youtube, their shorts and reels. that's competing with snap for eyeballs if you will. they prefer those two stocks and snap is down 3.5. stuart: where's door dash going today? up. lauren: 3.5%. stuart: what are they doing? lauren: starting in march, basically everywhere you can have doordash deliver your starbucks orders. that sounds really expensive;
11:11 am
right? it is. the thing is a lot of people do group orders, order for the office. they'll deliver it to you -- there's a fee. you have to tip but if you're a doordash customer, then delivery is free. i kind of see that working. stuart: doordash will deliver coffee from starbucks and the stock goes up 3.5%. what am i missing here? lauren: everybody gets starbucks all the time. i want to know how they don't make the coffee spill? >> that'll be the lids, but i think the thing here -- lauren: mike, even if you have that green thing in, it still could spill. >> i think it's keeping it hot is the issue. stuart: wait a minute, is it that big a market delivering starbucks coffee? >> yes. lauren: people are lazy, i would do it. >> the fees, when people realize what they're paying for that coffee to start with it's very expensive, $4, $5, $6 for the coffee and then the doordash fees and tip on top, you're drinking a $10 coffee and see how long that lasts.
11:12 am
lauren: men y'alls don't care -- millennials don't care or gen z. stuart: they should. we will try to explain the climate crisis fuel. gee supra aural headphones jackson -- sheila jackson lee introduced a new bill to criminalize hate speech and calling it a way to fight -- we'll listen to see if he answers any questions about the documents or v visitor logs, muh more varney just ahead. ♪
11:15 am
i screwed up. mhm. i got us t-mobile home internet. now cell phone users have priority over us. and your marriage survived that? you can almost feel the drag when people walk by with their phones. oh i can't hear you... you're froze-- ladies, please! you put it on airplane mode when you pass our house. i was trying to work. we're workin' it too. yeah! work it girl! woo! i want to hear you say it out loud. well, i could switch us to xfinity. those smiles. that's why i do what i do. that and the paycheck.
11:16 am
hi, i'm lauren, i lost 67 pounds in 12 months on golo. golo and the release has been phenomenal in my life. it's all natural. it's not something that gives you the jitters. it makes you go through your days with energy, and you're not tired anymore, and your anxiety, everything is gone. it's definitely worth trying. it is an amazing product.
11:17 am
stuart: to capitol hill where the debt ceiling nightmare is heating up. hillary vaughn, what's the likely confrontation over and he could? reporter: stuart, republicans think there's a lot of time because treasury secretary janet yellen indicated they'll use extraordinary measures to move money around and cover the nation's bills until june. that's when they're actually going to have to deal with what could be a very real debt limit crisis. president biden calls toying with the debt limit fiscally demented but republicans say you can just keep raising the limit, you cannot keep raising the limit on the nation's credit card when someone has an outof control spending problem so they want to put president biden on a budget. >> this president has spent more
11:18 am
money than any country in the history of the world has spent in just two years and that's why we have a $32 trillion national debt, record high inflation because they're printing more money than ever before. if anybody's fiscally demented, it's joe biden and it's shameful -- reporter: on thursday the u.s. debt is expected to hit its limit of what is allowed, which means no borrowing more money to pay our bills but it's not just spending that's adding to the tab, it's the interest we're paying off as well because we're spending money that we don't have. the latest estimate from the congressional budget office says the u.s. will spend about $400 billion in interest payments alone on this debt, about $3,000 for every american household. >> i know that kevin mccarthy after his 15th vote for speaker had agreed that he would not raise the debt ceiling unless he extracts spending cuts, but, you know, if we don't raise the debt ceiling, we go into defaulted and only one default is enough
11:19 am
to nuke the economy. we can't have 15 defaults mirroring the 15 speaker votes for him to do what's right. reporter: stuart, republicans think they have time to kill. they also think that this puts pressure on democrats to work with them to enact some spending cuts and put washington on a fiscal diet. stuart. stuart: hillary, we hear you. thanks a lot. back in 2010-2011, there was a debt ceiling crisis and it really took the market down. mike murphy with me. could you see a possibility of a re-performance this time around -- re-performance because of this time around? >> i don't think so. you could see a selloff but the debt ceiling crisis as you put it, people have come to realize this pops up time and time again. stuart: it does. >> and it gets rectified time and time again, so i don't think people are prone to panic as much as they were 10 or 12 years ago. stuart: the republicans want to
11:20 am
reduce spending, the democrats want to keep spending where it is and there'll be a fight. could be a government shutdown, doesn't worry you? for the market? >> no, because anything that happens from that is short term. they're not shutting the government down indefinitely. we get past it so i think investors will look past that as well. stuart: america doesn't work so badly when you shut the government down at least partially. >> in the past, it hasn't been a major negative. stuart: it has not. that's true. congresswoman sheila jackson-lee introduce add bill that will combat white supremacy and would criminalize some forms of hate speech, including sharing hateful content on social media. raymond arroyo is with me this morning. raymond, welcome to the show. who defines hate speech? >> well, that is exactly the question. it's so broad in this legislation that sheila jackson lee is proposing is so broad. what made me laugh, stuart, she was on television earlier this week with the reverend al sharpton saying words can break
11:21 am
your bones. now appearing with al sharpton could be mis-con trued as a hate crime itself considering his record of being part of race hoaxes and inis it a gaiting riots but putting that aside, who defines what white supremacy inspired speech looks like? she said it can be antagonism created on replacement theory or hate speech can be criminalized that vilifies roofers is directed against any -- or directed against any nonwhite person. that could be a dispute between a white and black person at a coffee shop and it's only directed one way. i'm sorry, this is too general and it really is targeting speech that sheila jackson lee finds offensive, but what about he can be else? this is -- we've gone down this path repeatedly and seen the biden administration try this. i worry about this, but it's not going anywhere, thank god. stuart: the diocese of des
11:22 am
moines, iowa, has banned children at catholic schools from using preferred pronouns and bathrooms that defy their biological agenda. the progressives are having a held down over this. what's your response so the diocese, which is clearly going after wokism in the catholic schools. >> well, look, stuart, people send their children to catholic schools because they're looking for some normalcy and retreat from what's happening in the public school setting. this policy was implemented after talking to teachers as well as the parents. all their saying is you have to be addressed by and take part in sports that affirm and connect with your biological sex. that's all. this is hardly extremism in a church that's based on natural law. you know, pope benedict that died had that great saying the dictatorship of relatively constant tafanely vim and the creeping goal post of culture and that has to be defied and the church is saying if you
11:23 am
present as a boy in the school setting, you'll live and be addressed as a boy. what you do at home, what you do in other settings, that's the business of the parents but the school has to be a laboratory for learning, stuart. not a laboratory for sexual experimentation and that's all the diocese is saying. stuart: i don't know whether you saw my editorial at the top of this hour about the michaela school and others like it in britain, intense discipline that kids compete, they want to win. wouldn't it be nice if you could get that into america's public schools? last word to you. >> you're right. absolutely -- 100% and you need that rigor in the academic study and the presentation of self and they're just saying be proud of who you are. you've been shaped by god in his image and we're here to support that. there's nothing wrong with that, in fact, that creates health reigns leading, solid people to -- solid people to go out into our society and be the productive citizens they're intended to be. stuart: be careful, raymond,
11:24 am
using the word god in american public schools somewhat frowned upon. >> i know, but in a catholic setting, you can get away with it. stuart: what a funny thing to say. raymond, you're all right. thank you for being on the show. >> thank you, stuart. stuart: new trend on tiktok encourages customers to order whatever they'd like at waffle house. ashley is back. that's not going down at one particular waffle house location, is it? ashley: it's got to be bad if waffle house says enough. yeah, rash of what they call ridiculous menu hacks forced one waffle house, believed to be in georgia, to draw the line in the hash browns and refusing to let customers make obscure orders they've seen on tiktok. a sign in the restaurant says order from the menu, we're not making anything that you saw on tiktok. i guess that's clear enough. it comes after a series of posts, including one, that shows off a plate sized bacon cheese burger on a waffle bun with a side of pickles,
11:25 am
#pregnancycravings and snagged more than 5.7 views in more than six days and other chains including starbucks and chipotle have succumbed to the viral food craze and in fact starbucks added the so called pink drink to the menu after it exploded in popularity on social media. another one of those stories that make you want to roll your eyes, stu. stuart: occasionally, yes. thanks, ash. to the markets please. i'm seeing red and a lot of it on the dow. now we're up 400 points. show me goldman sachs, they reported this morning, dreadful report and the stock is down 7% and goldman is a dow stock and that's taking now 176 points off the dow. travelers, that's another dow stock on the downside taking 75 points off the dow. some of that 400 point loss can be accounted for by two stocks. it's a question titanic fans have been debating for
11:26 am
years: could jack have survived if rose moved over and made room for him on the raft? investigators are finally getting to the bottom of it. believe it or not, we're going to cover this story. we will. the white house shut down gop calls for visitor logs at biden's delaware home and say the logs don't exist. is there any way to find out who had access to the materials, classified documents? the president as well? former acting attorney general matthew whitaker is with us next. ♪
11:30 am
stuart: pennsylvania, looks like enough snow for a decent ski and you happen it's 39 degrees there and i presume they'd like more snow than they've got. on the markets, the dow retreats and down 363 points as we speak. we've been talking about goldman and travelers taking the dow down, fair enough. look at morgan stanley. it's not a dow stock but up over 6%. they reported this morning. mike, what are they doing so
11:31 am
well that goldman's not doing? >> so, very interesting, the dichotomy here and morgan stanley came out and said they're a wealth management business generating recurring fees from handling people's money and doing very well and better than expected and they expect that to continue and you're seeing -- this is what i like here, stuart, goldman had a terrible quarter, the stock is going down but not dragging the entire market down. goldman stock price going down and morgan stanley putting up a good quarter and they're going up in the market and that's what should be happening in the market. stuart: wyoming looking to ban electric car sales by 2035. listen to the reasoning behind that move, roll it. >> we're supporting our industries that have been around for 100 years supporting us, and we want to support them now. we think there's 12 years left in some of those states might change their mind by that time that the petroleum product
11:32 am
vehicles are not so bad. stuart: mike murphy, that sounds heavily political to me and not likely to happen. >> very political and not likely to happen, however, certain states are banning fossil fuels so regular cars so to have someone come out on the other side, i'm not against it. it sounds ridiculous on both sides but no one is standing up to the people saying get rid of all regular cars and only going electric. drive whatever car you want to drive. stuart: the two sides are shaping and you happen there should be. >> can't all be one way. stuart: thanks, mike. the white house says there are no visitor logs at the president's wilmington home. former acting attorney general mongeneral matthew whitaker joig me now. >> yeah, and congress needs to stand up if they say the records don't exist they need to ask the seek reservice and then drill in, okay, if the records don't
11:33 am
exist or something called a visitor log, send me all your e-mails and text messages about visitors to both houses in delaware. this is ridiculous that somehow the white house is stone walling a very simple request to who is visiting the president when he's on vacation in delaware. stuart: three or four weeks ago, maybe make that two or three weeks ago, there was a possibility that former president trump would be prosecuted as a result of some of the things coming out of mar-a-lago. now that we've got the wilmington, delaware, house and all the bruha over that, it's not likely you can prosecute biden if you don't prosecute trump? i mean, merrick garland is in a real difficult position, isn't he? >> he is, and i never thought the case against donald trump was going to be pursued or actually indict somehow the former president. i think the evidence was weak and had a lot of good defenses including declassification question, but the interesting thing in this whole situation is do the special counsels
11:34 am
coordinate the actual law? remember, jim comey famously layed out what the law was or how the department of justice pursued it in the past. does rob herr or jack smith coordinate on the law and whether or not each one of the folks should be pursued and president biden has the department of justice policy that you can't indict a sitting president and he has a statute of limitations that's probably currently running and may expire when he's president. stuart: could this turn out to be a tempest in a teapot, much to do about nothing? >> i don't spend a lot of time in washington dc but when i do i realize reality surrounds it but there's no reality in washington dc. it is all politics all the time, and it is a sport played with blunt strums and obviously this is a -- instruments and this is a way to bash each other leading candidate heading into 2024 and
11:35 am
try to weaken them up and losen them from their base. stuart: it's quite possible the public voters are get tired of investigation after invest after invest. investigation fatigue could settle upon us. >> everywhere i go that's not washington dc, there's a serious concern that there was a two-tiered system of justice where donald trump and his associates are always investigated and on the left, whether it's hunter biden, hillary clinton and others somehow get away scott free and i think we need a return of balance and actually restore the rule of law, and the department of justice needs to get above the political fray and with merrick garland, i don't see that happening unfortunately stuart: ouch. susan: thank you for joining us. see you j you soon. i want to get to the netflix show, emily m in paris. why is that show being accused of fueling climate change? ashley: forget rampant inflation, angry workers on the
11:36 am
picket lines and energy crisis, the deputy mayor of paris taking aim at that netflix show, emily in paris because he claims it's fueling the climate crisis and conservative values. oh, no. he wrote an op-ed calling the show in part "a snapshot of unchangeable paris, a disney land that is confined to the ultra center, inhabited only by the richest people". he claims the betrayal of his city appears as conservative propaganda resisting efforts to adapt city infrastructure innorring green issues and climate change and just generally a rotten show. it was first released by the way in 2020 and began streaming the third season last month and has millions and millions of viewers and what's interesting, stu, is the number of people wanting to go to paris as a tourist now has grown five times what it was five years ago and maybe that's why he's upset. everyone is jumping on a plane to visit his city. how awful.
11:37 am
stuart: next one, 25 years after it debuted, titanic fans will finally get answers about one of the most controversial movie scenes in history. what are you talking about? i know the story, this is where rose should have had jack on the raft and that's one of the controversial movie scenes in history. i don't think so, ash, i don't get it. ashley: i'll take you through it anyway, since 1997 fans of that movie have agonized and furiously debated, except stuart varney, the demise of jack, played by leonardo decaprio slipping below the freezing waters of the atlantic. viewers say jack could have survived by sharing the same door rose was hanging onto. the film's director james cameron said research shows tech technically it wasn't a door but a piece of wood paneling from a first class cabin but the director has been investigating the fan's theory using stunt
11:38 am
doubles in cold water to recreate the scene and all the results came out the scene and they are, you're going to have to wait. they'll be revealed in an upcoming national geographic documentary entitled titanic, 25 years later due out on february 5. a way to get people to watch. stuart: sorry ash, i have to move on from this one. ashley: i understand. stuart: next one, a basketball rookie taunts lebron james on the court. roll tape. >> sacramento. you feel old, don't you? stuart: we'll tell you what that player said to make lebron feel ancient. philadelphia could be a step close tore opening a new site where people can go to get high on the supervision. supporters claim it prevents overdoses and fuels addiction and jeff flock reports from
11:43 am
stuart: beautiful san francisco on a beautiful 45 degrees. san francisco just announced a new reparations proposal and big payments to african american residents of the city. ashley, how much money are we talking about here? ashley: how about $5 million to each long time black resident of the city. it's unclear exactly how many people would be eligible but if just 10,000 people qualify, that would cost at least $50 billion. to qualify, people need to have identified as black on public
11:44 am
records for at least ten years and be at least 18 years old. they must also qualify for two of several requirements including having been born in the city or migrated to it between 1940 and 1996 and then lived there for 13 years. not sure why 1. 13. the proposal is a comprehensive debt forgiveness program and eliminates credit card and other debts with student and housing loans due to what the reparations committee calls decades of systemic repression faced by the black city owners and it'll be faced by the counsel in june. stuart: thank you, ash. the nonprofit group is called safe house and they're pushing to open a supervised drug injection site in philadelphia. jeff flock is there. jeff, do residents think it's just fine and dandy to santa claus rally people shooting umm in the middle of the city?
11:45 am
really? reporter: they don't think it's fine and dandy now, stuart. i'm on kensington avenue in the kensington neighborhood of the city and across the street is something called mcpherson park but of the homeless encampments here, many have issues with drugs and neighbors feel both ways about it because people are shooting up out in the open. you'll see needles and some of the trash over there. that takes place now. so their feel asking we want to take it off the street and save lives. you look at numbers, more than 100,000 people died of drug overdose in the u.s. last year. pennsylvania was the fifth highest drug death rate in the country. we talked to one of the people that heads the safe house organization, it's a religious organization and they don't like drug use but they say we're just trying to save lives here. that's our christian duty.
11:46 am
listen. >> our religious calling and spiritual belief tells us the number one thing you can do or you must do, you must do is to save lives. we said if you don't let us open an overdose prevention site, then you're infringing on our religious beliefs that require us to save lives. reporter: so they are now, stuart, negotiating with the justice department, the trump justice department tried to stop the philadelphia safe house. that was successful, but now that the biden justice department is not challenging the one you have there in new york, which i think is a couple of them that have been successful, they say it's been successful. i don't know, depends. there are people in the neighborhood absolutely that say no, i don't want a drug safe place in my neighborhood. one woman asked me and said, you know, where do you live? do you want one in your neighborhood? i had to say to her, no, ma'am,
11:47 am
i would not want one in my neighborhood. but i will tell you, drug use goes on all the time here whether it's safe inside, outside, whatever. it's an almost intractable problem i have no answers. stuart: thank you, jeff. see you again soon. back to the market. give you a sense of the market, show me the dow 30. a lot of selling from all that red. you can tell we've got about nine or ten winners and 20 losers and dow is down almost exactly 1%. i like the sound of this story, scientists figured out a way for old mice to grow young again. can the same thing be done for humans? i just think that's rather farfetched but it's a fair question for dr. marty makary who joins us next. ♪
11:50 am
these days, our households depend on the internet more and more. families grow, houses get smarter, and our demands on the internet increase. that's why we just boosted speeds for over 20 million xfinity customers, on us. so you get more of the speed you need for day and night streaming. more speed you need when you're work from homeing. and more speed you need as your family keeps growing. check in on your current speed through the xfinity app or upgrade to the speed that's right for you today.
11:51 am
11:52 am
>> hey, you played against my dad, your first nba game ever. >> really? >> sacramento. you feel old, don't you? stuart: makes him feel old. 20 years ago in his nba debut lebron faced off against jabari smith sr. and last night faced off against jabari smith jr.. scientists say they found a way to reverse aging in mice by making tweets to their dna. dr. marty makary joins me now. doctor, is it possible to one day reverse the aging process in humans? i'm skeptical, put it like that. >> of course it sounds like pie in the sky. people are better looking -- have been looking for the fountain of youth forever and there's new research showing the aging process has been reversible and the body may carry a copy of a gene in your body that codes for a younger response for everything physiologically and the science on aging is actually pretty
11:53 am
mature, put aside this new experiment of mice at harvard, there's a fair amount of literature on what you can do to reverse or slow the aging process. stuart: well, there's a new study that shows regular exercise helps reduce the serious effects of covid, fewer hospitalizations, fewer deaths. that sounds like living a healthy lifestyle is a good defense, but it's just obvious, isn't it? >> yeah, you know, this got almost no attention during the entire pandemic, and it turns out that was one of the most actionable things people could do was lower their covid risk and why young healthy people were essentially spared. increasing your body's muscle mass not only is the single biggest predictor of slowing down aging as we were just talking about, it turns out it probably is also the biggest deterrent in preventing covid. excess body weight, prediabetes or the metabolic syndrome, the
11:54 am
con is it alation of sue -- constituentlation of sugar merch tab rich and those are the people that should take extra precautions and consider vaccinations in that subgroup. stuart: don't we know this already and constantly get good advice chucked at us but we know it already, don't we? >> i think it reveals the biases in our science system and think about $45 billion at nih. almost entirely going to studying chemical pathways as if developing a drug to block the pathways will be our -- solve all of our problems when many of these issues are actually involving general behaviors, things we already know and so we probably need to be talking more about school lunch programs than just giving children obesity medications and surgery. we should probably be talking about treating diabetes more with cooking classes than just throwing more insulin at patients. that's the new approach that many young doctors are looking
11:55 am
to when we talk about researching chronic diseases. stuart: very interesting, doctor. thanks very much for being with us today. all good stuff. dr. makary, thank you very much. several hollywood stars tested positive for covid after the golden globe awards. four celebs including jamie lee curtis, michelle pfeiffer, they got sick. in response the critic's choice awards, which was held on sunday, announced that attendees had to submit a negative covid test before entering the venue. time for the tuesday trivia question and here it is, i'm not sure i know the answer to this one, how long was the american revolutionary war: 4, 8, 12, or 16 years? mike murphy probably knows. he may render forth animals. he's going to -- answer. he's going to guess after that . we'll be back. ♪ .
11:57 am
. . if you have diabetes, then getting on the dexcom g6 is the single most important thing you can do. it eliminates painful fingersticks, helps lower a1c, and it's covered by medicare. before dexcom g6, i was frustrated. all of that finger-pricking and all of that pain, my a1c was still stuck. my diabetes was out of control.
11:58 am
i was tired. (female announcer) dexcom g6 sends your glucose numbers wican so you can make better decisions about food and activity in the moment. after using dexcom g6, my a1c has never been lower. i lead line dancing three times a week, i exercise, and i'm just living a great life now. it's so easy to use. dexcom g6 has given me confidence and control that everything i need is right there on my phone. (female announcer) dexcom g6 is the #1 recommended cgm system by doctors and patients. call now to get started. (bright music) thanks to avalara we can calculate sales tax on almost anything, anywhere, automatically. avalarahhhhh. what if tax rates change? ahhhhhh. filing sales tax returns? ahhhhhh. managing exemption certificates? ahhhhhh. business license guidance? ahhhhhh. does it connect with accounting? ahhhhhh. item classification? ahhhhhh. cross-border sales? ahhhhhh.
11:59 am
what about? ahhhhhh. ahhhhhh. do you have those budget markups? thank you. mmhm. [bubbles] stuart: do you know the varney trivia question. here's the question? how long was the american revolutionary war? ashley is with me. mike's with me. going to guess on this one. what have you got, mike? >> go with number three, 12 years. stuart: 12 years says mike. ashley, what have you got? >> i think it is one or two. i will go with two. eight years. stuart: i will go with 12 year, because i know it dragged on for a long time. ash, you got it right.
12:00 pm
the war began april 1775. it ended in september of 1783. >> had to give him one. >> before we close, forgive me i wanted to go back to this "titanic" thing. i said on my script that that raft scene is one of the great movie controversies of all time. why didn't rose make way for jack on the raft? do you really think that is one of the great movie, what was the word, movie big deals of history? >> controversies. stuart: controversyies. >> i would say no. i want to know what was in the briefcase on "pulp fiction." stuart: that was not a huge controversy, for heaven's sake. >> no it wasn't. people loved the movie, it didn't bother me. stuart: i didn't know why he dropped the beautifu
63 Views
IN COLLECTIONS
FOX Business Television Archive Television Archive News Search ServiceUploaded by TV Archive on