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tv   Varney Company  FOX Business  February 10, 2023 9:00am-10:00am EST

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to hammer home his messaging. it just seems he doesn't want to face some tough questions. >> i think that's the problem and that's the problem we've talked about almost all morning is the sort of reverse environment where you have a president whose much more willing to speak to a camera or speak to someone without a real person asking questions and i think his teams doing this and again, we have seen one of the earliest presidential cycles we ever seen and this is just a little bit more of that because you're seeing a president who doesn't want to sit down and ask tough questions. you were the person -- jackie: he should talk to fox, talk to senator rick scott and have these debates and conversations but that's it for us we're out of time, chris merkowski, doug collins, "varney" & company is up next and ashley webster is in for stu hey, ash. take it away. ashley: you are a very busy person, jackie deangelis. good morning to you, thank you very much, good morning,
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everyone. i'm captain obvious and also ashley webster in today for stuary varney. now to this , we're learning more about the chinese spy flight that had tools to collect u.s. intelligence but president biden says well it was not "a major breach of our national security." okay, we're going to take that one. let's take a look at the markets as we close out the week. its been a tough week for the markets. in fact they are looking to be on track to end the week with losses all three of the major exchanges and we look like we are down in the pre-market modestly so but as you can see the nasdaq down nearly 100 points. let's take a look at the 10-year treasury yield as that rises, it hits those big growth stocks especially in the nasdaq harder and you can see the 10-year treasury up again at 3.6% and let's take a quick look at bitcoin if we can. see what bitcoin is doing on this friday, and do we have it? we do. it's down 128 bucks, 21, 776. all right, now this. its been a rough start to the
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day for lyft after a dismal earnings report. dan ives says they've got major cracks and he's here later into the show. we'll talk about it. border patrol sources are telling us that apprehensions of chinese nationals crossing illegally are up more than 800% on the southern border compared with the same time last year. think that's a problem? tom homan will deal with that and oh, yes the super bowl just two days away. we're going to take you out to glenndale, arizona as the final preparations are underway. can't wait. it is friday, february 10, 2023 a balmy 53 degrees in new york city. winter? what winter? "varney" & company is about to begin.
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♪ ♪ ashley: they will be doing a half time show on sunday looking forward to that as we look down a very quiet sixth avenue. that is in midtown manhattan. let's get right to this. president biden is downplaying the significance of the chinese spy flight that made its way as we know across much of the united states. good morning, lauren. lauren: good morning. well he defended his call to take it down once it was over the water, but doesn't feel it's that big of a deal. >> it's not a measured breach. i mean, look, it's totally, it's a violation of international law , it's our air space and once it comes in our air space we can do what we want with it. lauren: you don't want to alarm the country, right? but between tiktok, china's u.s. farmland purchases and this , kind of ashley, it's hard not to be alarmed. what is china doing? one more for you. investigators are still trying
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to recover more of the pay load in that spy balloon, but from what was recovered, if you look at the electronics, and the wiring, the pentagon believes china was spying and they were able to intercept and listen in on our conversations, ashley. ashley: well, what a surprise. all right, lauren, thank you very much. you know, senator john tester, the democrat from montana, is calling out the administration for delaying its decision to shoot down the spy craft. listen to this. >> quite frankly i'll just tell you. i don't want a damn balloon going across the united states when we potentially could have taken it down over the alutian islands no offense to alaska or in some of the areas in montana and i understand public health. i understand doing damage. i understand that could have been a nightmare, but the truth is i've got a problem with the chinese balloon flying over my state, much less the rest of the country. ashley: yeah, and i think he has a good point.
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todd piro is here. todd? the pentagon confirmed this craft was being used for recon, so why is the president hand waving the problem away? todd: no idea. we are four minutes into this show and there are enough reasons, factual-based reasons why the president and every american shouldn't be scared. i think that's the wrong word but should be hyper-focused on this preventing it from happening again and also, hyper- focused on making sure that we communicate to the chinese that this stops now. yet the president is just like e h, not that big of a deal. that is the absolute wrong attitude to have under these circumstances. also, another question that is out there right now, ashley, when it comes to this spycraft. there were english words on the debris that was recovered, so what english-speaking country , presumably a western country, assisted china in creating this and the big question, could that have been an american company? that's a frightening question but you can tell by the tone of
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my voice and just the tone of the senator's voices, and all of our people in the house of representatives as well they voted 419 to nothing this was a big deal. it's amazing the president doesn't think so. ashley: yeah. i want to move on to this one, todd. senator joe manchin reportedly livid with the white house over the implementation of their climate laws but todd, this is because of the inflation reduction act and didn't mention vote for that. why is he so outraged? todd: yeah, how does manchin not see this coming? literally everybody that you and i have interviewed saw this coming when this inflation reduction act which does nothing to reduce inflation was put before the american people, so this could be one of two things. either manchin is literally so naive that he didn't see this coming, or he's going full manchin and you know what i mean by that. playing both sides of the aisle trying to appease the democrats because he has a d next to his name but also trying to appease republicans because he's in a
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state that is literally 75% republican, and he is up for re-election in 2024 and we're already in that re-election cycle. ashley: yes, we are indeed. todd, great to have you along this morning, and thanks for sticking around for the hour i don't know if you knew that but there you go i'm telling you how is this? jamie dimon is warning about inflation again, i guess. lauren what did he say? lauren: he's worried about actually being able to get all the way down to that 2% target so he told reuters, "people should take a deep breath on this one before they declare a victory" because a month's number looked good. it is perfectly reasonable for the fed to go to 5% and wait a while. if inflation only comes down to 3.5 or 4% and becomes sticking at that level you may have to go higher than 5% and that could affect rates so all this talk and excitement over the new buzzword "disinflation" right? but is disinflation the new
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transitory? we get catalyst next week, cpi tuesday and on wednesday retail sales so how high are prices and how is that impacting consumer purchases? ashley: exactly right. thank you, lauren. let's get a look at the futures we're down again, its been kind of a tough week for the equities kenny polcari our good friend is here. i hear words about inflation, sticky, stubborn, is jamie dimon right here with this warning? >> i think he must be reading my note because i've been saying it at along as well, right? i do think that inflation is not going to come down as quick as people think it is and i think it is going to get stuck at a certain level which is then going to cause the fed to have to get more aggressive and look, we're starting to hear little bits o of that the other day they floated the idea of a 6% terminal rate. i think it was john williams new york fed's president that said, you know, had a six number in it and i think they are starting to
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float that because just in case they need to push, they want to kind of out there in the global public square. ashley: you know, i read your notes as there's so many of them and thank you for that by the way. very thorough indeed. you mentioned you feel like it's becoming a little more anxious on the markets, that the concern about the recession hasn't been fully realized yet. you sound a little more bearish. >> right. so listen. i'm bearish in the short-term like i've said and i've been saying i expect more volatility. i think we'll test lower. i'm thinking that s&p 4,000 may in fact hold, but if it gets kind of uglier, if the data doesn't suggest that it's retreating as quickly as they want we could test the october lows which is 3,850 and i don't necessarily think that's a disaster at all. i think some of that has to get shaken up because a little bit ahead of itself. look we're only six weeks into the market and the nasdaq is already up 16%.
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the s&p was up 8%. the transports and russel were up double-digits, so i think it's a little bit ahead of itself considering where i think we're going to go, so i think we're in for some volatility in a couple of months ahead and then i think it stabilizes. ashley: all right, and in the bond market more money, perhaps, coming out of equities on the short-term bonds. you can get four-plus percent. that's pretty good right? >> absolutely. look, on the six-month you can get nearly 4.7% on an annualized basis and the three-month you're getting a little bit less and the two-year you're getting 4.25 so if anyone is anxious or depending where you are in the lifecycle, you sock money away, it's guaranteed , you'll never risk it and you'll get your interest payment and help stabilize your portfolio so sure, that is going to add to some of the , you know , some of the pressure on stocks and especially if rates start to go higher and those numbers improve even more, then expect a little bit more money to come out of stocks and into those stable investments. ashley: before i let you go,
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kenny, got to talk about what you're cooking up for the super bowl. you are a master chef, we know that. what are you looking at for the super bowl this weekend? >> i think we're making short rib burgers, right? so i'll make my short ribs the night before and then i'll bring them out the next day and let them warmup to room temperature, shred the meat, mix it in with the ground chuck and make these really delicious hamburgers and you can top it with whatever you want, monterey jack, cheddar, american, whatever you want. ashley: my goodness. i'll bring the chips and beer and see you there sunday, kenny. i'll just turn up on your doorstep. thank you so much kenny polcari, great stuff as always. thank you. coming up, house republican conference chair elise stefanik calling out the fbi over twitter censorship of the hunter biden story. listen to this. >> the twitter files are just the tip of the iceberg because there's so much more. this is the definition of election medaling and the definition of election
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meddling by the fbi on behalf of democrats. ashley: all right we're going to get into that you can be sure of it and the president meantime continues to push a false claim he made during his state of the union address. he says the gop wants to slash social security and medicare, but it's not true. florida congresswoman kat cammack will be here to take it on, next. ♪ thanks to a deluge of new government subsidies. and while that may not be the best use of your hard earned tax dollars, it does give you a unique opportunity to invest in the mega-trend, even in a down market call today. to learn more about this space and get my number one stock pick to receive your free report. how to cash in on the solar energy boom. call 18778226036 or visit solar boom investor dot com.
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and have historically low risk. call today to request your free bond guide. 1-800-217-3217. that's 1-800-217-3217. first psoriasis, then psoriatic arthritis. even walking was tough. i had to do something. i started cosentyx®. cosentyx can help you move, look, and feel better... by treating the multiple symptoms of psoriatic arthritis. don't use if you're allergic to cosentyx. before starting...get checked for tuberculosis. an increased risk of infections some serious... and the lowered ability to fight them may occur. 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. ashley: the white house continuing to push the narrative that republicans want to defund medicare and social security. mark meredith is following all of the action today in
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washington and mark? even the washington post said these claims are not accurate so why does the administration keep repeating them? >> ashley, i'm so sorry, this truck was out here just for a second. happy friday at least to you. i believe the question you were asking was specifically starting with social security and medicare and it appears the president is ready to rumble on this issue. we've heard him talk about it the last several days but republicans insist that the white house is trying to spin its positional to score political points. the president was down in tampa, florida yesterday, florida certainly a battleground state ahead of 2024. it's while he was there he doubled down on claims that republicans want to cut entitle ment programs, despite speaker kevin mccarthy among other gop leaders insisting no such plan is in the works. >> i know that a lot of republicans, their dream is to cut social security and medicare well let me say this. if that's your dream, i'm your nightmare. >> now, the president is also
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increasingly criticizing florida senator rick scott. he called him out by name in the speech. the president accusing scott of trying to cut the programs after he backed a plan to sunset legislation every five years, but president biden when he was in the senate he pushed for similar measures and it's an irony not lost on florida's junior senator. >> in my plan i said we got to tell the public how we're going to preserve them but he wants to accuse us of something he's done he had a bill that would do it. >> now, this latest back and forth maybe an effort by the white house to try to boost the president's poll numbers among the democratic base and voters overall. the president's job approval rating still underwater with a majority of people either disapproving or strongly or somewhat disapproving of the president's job performance. you know, while the president was down in florida he also had a question from a reporter about what about his 2024 plans and he still has not made up his mind, but clearly seems like he's trying to make this a campaign issue because you can imagine, ashley, in all places florida this would get a lot of
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attention. ashley? ashley: it would, in deed. mark meredith, cool, calm and collected in the face of a dump truck. >> it's friday. ashley: thank you very much. great stuff. the white house, by the way, trying to distance itself from president biden's policies. during his time as a senator, watch this. >> the president ran on protecting medicare and social security from cuts and he reiterated that in the state of the union. he's been very clear these past um cuff years, so a bill from the 1970 is not part of the president's agenda. ashley: congresswoman kat cammack, the republican from florida joins me this morning. congresswoman good morning to you. we've heard from speaker mccarthy, the cuts to social services are off the table so what is the white house doing? >> [laughter] well, good morning, and happy friday to you too. you know, i tell you, that press office, they are on perpetual cleanup duty. i've said it before. they almost need to hire mr.
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clean as their press secretary because they seem to always go after the president and say oh, no he never really meant to say that, or that doesn't matter anymore. listen, we know that republicans have been vocal about saying that cuts are off the table when it comes to social security and medicare. we've been very very vocal about that. instead, what we have is the president continually coming after republicans and pushing this narrative that we're going to be going after seniors. that couldn't be further from the truth so not only did we call that out on the house floor during the state of confusion, but we will continue to put that clip of him from 1975 where he proposed cuts to social security medicare and veteran's benefits and then reiterated and doubled, tripled down on it in 1995. now, do i expect him to remember this , no? but i also don't expect him to remember what he had for breakfast this morning. ashley: all right we'll move on
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to the next one for you, congresswoman. state lawmakers in florida voting overwhelmingly to give governor ron desantis new power over disney's theme parks and the district around it. are you in favor of this crackdown by the governor on disney? >> yeah, absolutely. you know, the issue of special districts has been a hit of a contentious one. when you look at disney having their own police department, their own fire department, they essentially were running their own little thing in a lot of ways, and exempt from that oversight that is really required, so this is a way for us to come together, move past it, but with the certain safeguards that they need in place, and i think if anything, the last two years has shown us it's that disney has taken a hard left turn and a lot of times they haven't really played by the rules so i think that the legislature is right in pushing forward with this , and i think this is going to be good in the end for all parties
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involved. ashley: all right we'll have to leave it there. congresswoman thank you so much for joining us kat cammack, republican from florida. thank you very much. speaking of governor desantis, other republicans trying to follow in his footsteps, apparently. todd, what are they doing? todd: yeah, a whole lot of states proposing a whole lot of bills that look just like what ron desantis is doing in florida gop lawmakers in wyoming have introduced a proposal to ban references to sexual orientation or gender identity in kindergarten through third grade and librarians and teachers criminally liable if a student is exposed to obscene reading materials and now in georgia several gop lawmakers proposed a bill making it easier to remove county prosecutors in office and missouri there is a measure prohibiting any school employee from talking about sexual orientation or gender identity with students under the age of 18, unless an employee is licensed as a mental health
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counselor, and texas lawmakers are pushing bills that appear to be based off desantis' policies on vaccine mandates, transgender healthcare, and his elections police force. ashley: whoa that's a lot of stuff and todd by the way governor chris sununu from new hampshire trying apparently to steal some of the limelight from desantis. what's going on? todd: i don't know if this is necessarily one guy talking abdomen the other guy is like who but some big talk from the new hampshire governor, a potential 2024 candidate seen as a center right alternative to donald trump pushing back against that label. "i'm ranked the most fiscally conservative governor in the country. i'm number one in personal freedoms. sorry, ron, you're number two" i would challenge anyone on second amendment rights, we're far and away the best you know because we believe in those individual freedoms, regulatory reform, i'll challenge any state on it
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and sununu did challenge that and maybe more moderate on social issues but boy, ashley, 2024 has already begun. we're not even half way through february of 2023. ashley: and i can't wait. always entertaining. todd thank you very much. take a quick look at the futures , as we're heading towards the open on wall street. it looks like we're going to have another lower open to finish off the week. we'll find out, because the opening bell coming up next. ♪ ♪ you'll always remember buying your first car. but the things that last a lifetime like happiness, love and confidence... you can't buy those.
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and then they have this diversification delivery, so you've got a company that's turned a corner of free cash flow. the stocks up 40% year-to-date. i think it's going higher this is one of my top picks for the year and you've got a very recession-resilient business model. we've all got to commute and go out on friday nights and we're going to be ridesharing and then i think they also reached this corner on free cash flow generating over 4 billion next year and if you look at it that way, this thing has got a material upside so i like uber. lyft is the second-tier name in the space. you want to be awfully careful about buying second-tier names in tech. ashley: very good. i want to get to this issue. alphabet getting a lot of heat after showing off their new bard ai. the program showed off incorrect information during its demo, kind of mortgage it fridaying for them, but can they come back from this with just a blip? >> i think when we look back on this in a year or two we're
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going to decide it was a blip. i don't think there's any question that google got flat- footed. they have been investing in ai since 2018. they should have had their products ready to go. they got side-swiped, front-run by microsoft. a lot of credit goes to microsoft. at the end of the day, however, when it comes to search, the advantages that google has are pretty significant. i say all this with a great irony that we're about to start a doj case against trial against google for having a monopoly in search when we clearly got a new competitor taking a good shot at taking away market share. ashley: mark mahaney great stuff thank you for joining us on this friday. >> [opening bell ringing] ashley: the opening bell getting ready to ring. been a down week for the markets all three major averages on track to end the week. the nasdaq could snap its five- week running streak, so we'll see how that plays out but here we go. yes, the button is pushed, they are laughing, smiling, they're
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happy. let's take a look at the big board, the dow 30 stocks more red than green, but we're just really just begun. walmart, united health at the top, walt disney, salesforce.com down at the bottom but as for the dow itself we're expecting a slightly lower open right now. it's just above flat up about 14 points as you can see , we're just getting going. let's take a look at the s&p 500 see where we are there. down two-tenths of a percent at 4,074 down just seven points and let's talk about the nasdaq as we say, could snap that five- week winning streak down half a percent at 11, 727 on the nasdaq. and let's take a look at the big tech names if we can. yesterday was a mixed bag before the sell-off later in the day. alphabet, google, it's up 1% but microsoft, apple, amazon, and meta all lower at the very opening. modestly so. going to start talking about lyft. we talked about it with mark mahaney there plunging after a
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very disappointing report. susan li good morning to you. what happened at lyft? >> well it was look at the stock, we're down 31%. this is the worst day in the company's history since its ipo. remember, it went out at $72 a piece, so if you bought into that ipo a few years ago, you're not liking it at $11. weak guidance for sales for this quarter to start 2023 and this is after lyft reported half a billion dollars in losses to end last year, and that loss was twice as much as the year before. they said that ridership is still below pre covid level still 20 million active riders before covid started it was at 22 million and they aren't mak ing enough off surge pricing. also, wall street unimpressed you heard mark mahaney there, three full downgrades from jpmorgan, loop capital, and keybanc, six price target cuts on top of that going all the way down to $11 now at rbc, and the stock dipped below 11 bucks and as you heard from mark
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mahaney tough compare to uber which had its best quarter, best year in history and it seems like being a pure play ride hailing company no longer works. also if you heard what mark mahaney said and it's pretty much being echoed in the analyst community, it's winner-take-all in ridership and ride hailing. ashley: well on the other side of the coin, tesla has had a great year so far up nearly 70% is that right? >> that is correct, but it's also, it was on an eight-day winning streak. you made 27% in eight days and that is the longest winning streak in six months which seems to be coming to end this morning tesla though, if you bought in at the depths in december i was tempted at $103 so the stock has effectively doubled in a months time. stu missed out on that i'm sure he will say that. now tesla is also increasing their prices back on their model y in china overnight. remember they cut prices all around the world including in china by 13% in china last month and that's to get people to buy teslas once again, to get demand back. now they did the same here as well in the u.s. but then
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they also raised prices in the last few weeks again after the u.s. treasury said the car is up to $80,000 now, are eligible for that $7,500 tax rebate, so tesla, i would say, is pretty much a counter-trade to ford. have you looked at ford lately down again, they are having some serious execution problems. it was down about 6% in the pre- markets i saw this morning. ceo jim farley says the employee s need clear goals, better performance metrics, and also ford announced they are selling off the majority of their rivian stake which is that electric tesla competitor and they are taking a $7 billion- plus write down on that. ashley: interesting. all right let's talk about oil this morning, susan. russia is saying they are going to cut their output by about half a million barrels a day and how are the stocks reacting? >> well look at this , they're up probably one of the only sectors that it will be up today at least in the opening minutes, so as a result, russia cutting oil output. oil prices are up over 2% this
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morning, and that's helping lift the oil majors so take a look at the chevron, exxon, and occidental and also i was reading analyst reports they are talking about china's reopening that will add upward pressure on oil prices so you have a drain ing of supply with russia cutting, also you have more usage and demand up that could be higher oil prices. ashley: interesting. let's take a look at paypal. i was reading about this their ceo is going to retire at the end of the year. i guess the question is the stock is up over 2%. is that a big deal? >> yeah, so you wonder, because the stock reaction is saying yes so after nine years at the helm you have dan shulman retiring at the end of the year, the search for a new ceo starts now. he will stay on the board and shulman became paypal ceo after they split off from ebay back in 2015 and the stock is up 130% since 2015 but its had a pretty rough and tough time as of late. they lost around 70% of their market cap after its peak in
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2021. we know they are laying off 2,000 workers they announced this month and then activist investor elliott management has been in trying to push for some changes. now shulman says it wasn't because of elliott that he's leaving, but you noelle jot is a tough activist investor. they also forced out jack dorsey some would say to leave twitter so they had this history of pushing out these long-standing ceo's at these tech firms they think are under performing. ashley: interesting and now we have this. we hear that i would say adidas was having issues with their beyonce line but they are struggling apparently to sell kanye west's as well. we talked about this yesterday. >> yeah, so we did talk about beyonce earlier this week and i would say $1.3 billion in lost sales possibly in 2023 if adidas is unable to sell the existing stuff so we know that it's of course the kanye-designed shoes and remember that adidas ended their relationship with kanye
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last year. they were forced to after his anti-semitism comments but you know that relationship has been very good for both and some would say it added almost $2 billion to adidas's bottom line, so if you lost it, you're losing kanye west it's kind of a brand that's not selling on top of beyonce's ivy park which has done poor sales than expected. that's a problem when you're adidas and you're going to lose about 1.3 billion in lost sales. ashley: it's a very expensive problem. susan li, thank you so much, susan. appreciate that. let's take a look at the 10-year we talked about this at the top of the show moving up a little bit not great for the nasdaq, certainly the big tech stocks, up 2 basis points, the 10-year at 3.68%. taking a look at gold not a lot of movement down a couple of bucks at 1,876. bitcoin was down earlier, about 128 bucks, and it's down now just $38 at 21, 866. taking a look at the price of oil, susan says russia cutting
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its supplies. that has put upward pressure on the price of crude. it's up another buck at $79.22. still under $80. take a look at nat gas. nat gas essentially, well, flat up .03 at $2.46 and by the way the average price for a gallon of regular where are we these days? well there you have it $3.43. that's the national average. what about diesel is that coming down? well it was up around five bucks its come down a little still at $4.58. still pricey. all right coming up, co-host of the view, alyssa griffin made clear that she doesn't think florida's governor desantis can handle former president trump's attacks. listen. >> i have seen trump take out every version of trump for the last five years. the party wants someone other than trump. they want trump so they are boosting and hyping desantis. i think he will implode once trump keeps going after him.
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ashley: implode? will he do that? desantis, under that pressure? we'll talk about it, and as we head into super bowl weekend, new york democrats are introducing a bill to ban youngsters from playing tackle football. good idea or not? what does dr. marc siegel think if that's the right call? guess what? we're going to ask him right after this. ♪ ♪ we all have a purpose in life - a “why.”
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ashley: the white house is apparently opposing plans to try and end vaccine requirements for some air travelers. take us through it, lauren. lauren: so the house passed a bill to end the vaccine mandate for foreigners traveling here to the u.s.. some lawmakers said well of
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course you want to end that mandate, because it created a double standard. the travel industry said yay, we're repealing this requirement will help boost travel for spring break, and this summer, but, ashley, the biden administration said this policy has allowed loved ones across the globe to reunite while reducing the spread of covid-19 and the burdens it places on the healthcare system in the united states. well, the u.s. is the only major country that has maintained the vaccine mandate this whole time. ashley: todd i want you to come in on this quickly. what do you think these rules, are they still necessary these rules? what do you say? todd: they aren't necessary. the biden administration is doing this for a couple of potential reasons. one, they know they're not necessary but they need to do this to appease their very very far left, let's be locked down forever base, or they truly are ignorant of the efficacy of the vaccine and are truly ignorant of the consequences
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that it has caused and again, they are truly ignorant of where we are in the pandemic which is to say the end. we are in endemic status now. ashley: yes. very good. todd piro, thank you so much, todd, for being with us for the hour. lauren thank you too. you'll be back for the next two hours. by the way the cdc has added its covid jab to the list of recommended routine shots for kids and adults. guess whose here? dr. marc siegel great to see you , doctor. do you agree with this move? >> um, no, and before i answer that i want to if you don't mind , ashley, weigh in on what todd and lauren just said. i actually agree this should not be vaccine requirements on travelers. don't make any sense anymore for reasons in addition to what they said, it's not you could have had the vaccine two years ago and it's hardly doing anything right now. you didn't get the booster right you're coming from a foreign country. efficacy might be 5% so it's hypocritical and not public health. in terms of the cdc the problem
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i have with this mornings announcement, i'm a huge vaccine proponent as you know, and i believe in the covid vaccine and i believe in having a conversation in my office about it. the problem is that from six months up to the age of 11, it's still an emergency use authorization. i wanted on the cdc's list. i wanted there with the other vaccines recommended, not mandated but for young children, let's wait until it's an officially approved vaccine, please, because that's part of the problem all along that they didn't remember that it's still an emergency use authorization and that helps to whip up the anti-vax sentiment so i would wait on that. ashley: okay outside of covid i want to get into this one, doctor. super bowl of course this weekend and democrats in new york now want to ban kids from playing tackle football. they say it's about protecting children from cte and other head injuries. they may have a point. what do you think? >> i don't think that the
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government should play that role and i think that we're talking about the same thing as when we're talking about vaccines. here is the question, ashley, and you know that this debates been going on in the united kingdom now for years over rugby can kids play rugby, right? it's the exact conversation, and here is why it won't work and shouldn't be implemented, because kids and parents are not going to comply. yes, tackle football in young children is a problem. yes, i'm concerned about it as a physician. yes, i want education and a lot of concussion protocols put into place and i want parents aware but when you start banning, you're banning teamwork, you're banning the sports spirit. you're putting yourself in a position and again, nobody complies. ashley: very good. now we know exactly where you're coming from. dr. siegel as always great information this morning, thank you so much. all right coming up. >> ashley, did you ever play rugby? ashley: i did. >> were you good? ashley: i did, doc, and it
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explains a lot about the blows to the head. thank you very much, don't forget by the way to send in your friday feedback. you can e-mail your questions, comments and critiques to "varney" viewers@fox.com. we want to hear from you. the super bowl is just two days away. the philadelphia eagles will be taking on the kansas city chiefs so how is law enforcement in glendale, arizona, prepping to protect football fans for the big game. we'll find out live at state farm stadium, next. ♪ this thing, it's making me get an ice bath again. what do you mean? these straps are mind-blowing! they collect hundreds of data points like hrv and rem sleep, so you know all you need for recovery. and you are? i'm an investor...in invesco qqq, a fund that gives me access to...
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ashley: the super bowl just two days away now in glendale, arizona. it is the city's second time hosting a super bowl in a decade , but the levels of preparation have been years in the making. matt finn is there for us, and matt, you did a ride-along with law enforcement. what did you learn? >> well, the department of homeland security actually designates the super bowl as a level i security event, and over the past couple of days we've
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been previewing some of our preparations and we did two ride -alongs now and here is a look at some of the security preparations. we're up in the sky overstate farm stadium, with the air and marine operations of u.s. custom s and border protection. cbp tells us it has two prior missions on sunday. intercepting aircraft that might violate the no fly zone and feeding live video down to the law enforcement command center on the ground. >> this is a vast partnership from glendale police all the way up to dhs, and the goal of game day is for the 70,000-plus people inside of the stadium to never worry about what's going on up in the air. >> the faa is scheduled to issue a temporary flight restriction on sunday. cbp explains why. >> it's the unknown that really causes the biggest concern. not really knowing what his intentions are, where he's going >> back on the ground, cbp will
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have roughly 150 agents and plans to deploy the same technology it uses at the southern border including infrared and heat detecting technology. we talked to some fans about whether they're concerned about safety. >> [laughter] we're from philly. if you know, you know. [laughter] so this is nothing. >> there's always going to be people that cause things but i really think that they are doing everything they possibly can. >> and dhs secretary mayorkas was here in phoenix earlier this week and at that point there was no credible threat over the past couple days. we have not learned of anything new so it looks like things are running along smoothly in glendale. ashley? ashley: good to hear, matt finn in glendale, arizona. matt, thank you very much and by the way of course you can watch the super bowl sunday night at 6 :30 p.m. eastern time right here on fox. don't miss it, grab your chips and everything else you want to eat and drink. could be fun.
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now this check out this op-ed. it says disney world was our destination. what i found could be the end for a beloved american company. that's karol markowicz. she wrote that and she joins me now and karol, i read your great article and you say you tried to give disney the benefit of the doubt with all of the woke ness and everything else , but in the end, you just couldn't. >> that's right. so we wanted to go back to disney and, you know, its been a year since their leak that showed they were inserting leftist indoctrination into their shows. its been a year since they challenged governor desantis on his parental rights bill in florida, and they've been very quiet since then so they've changed their ceo. i was hoping that they, you know , had kind of learned from their mistakes and so when i had to speak at a conference at disney world last weekend at one of the hotels we took our kids to the parks and what we found was a place that is in obvious decline. just apart from all the issues
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that the rides have, and the park just looks run down in a way that it never had before. there's so many other opportunities for disney to be attacked by these wokesters. look, ashley when you go to the bathrooms at disney it still has a picture of a little girl and a little boy in a little dress and pants. that won't be able to be the case when the woke get a hold of it and disney has to understand that there's no way to ever really make the woke feel okay about what you're doing. it's never enough for them. ashley: i'm sorry we're already out of time, karol, but you got in the key piece and we thank you and we'll have you back soon karol markowicz talking about disney. thank you very much. and also, thanks again to todd piro for joining us for the hour always great to have him. still ahead on the show, david a vella, tom homan, steve hilton and california congresswoman young kim. the 10 a.m. hour of "varney" & company is coming up next.
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