tv Varney Company FOX Business February 21, 2023 11:00am-12:00pm EST
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recession, we expect a decline in support and interest among the public. >> something in my gut is telling me this isn't adding up to be a very good situation, and that the has to have the market a little bit concerned. >> i don't think all is well, i just think the that because you have debt, it's not the worst thing in the world as long as you have the assets and income. we're not in the crash mode yet. >> so instead of making bets on which a.i. software company will come out on top, you want to own the companies that power a.i., that's a name like nvidia. this should excite us to be able to jump in at a good level are. many. ♪ ♪ stuart: all right. good morning, everybody. i want to be sedated, by the rah moens. yeah, i could go along with that this morning. it is 11:00 eastern time, tuesday, february 21st. that's a selloff and a half,
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dow's down 500, nasdaq's down nearly 200 points. developments overseas and domestically accounting for this selloff. big tech, it was a mixed bag earlier, but i'm pretty sure their all down know with the exception of meta, which is still up a buck. the rest of them down sharply. the 10-year treasury yield getting closer and closer to 4%. market does not like that. you're at 3.92 as we speak. now this. the superpowers are doing the dance, circling around the war in ukraine. dangerous times, and it's coming to a head right now. a few hours ago vladimir putin addressed the russian people in stark terms. he said it was the west that started the war, the west had stolen russia's gold, and he, putin, would suspend participation in a key nuclear arms treaty. when you start talking nukes, that is escalation. within the hour president biden will respond.
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he's in poland. how far will america go to the support ukraine? will we give them what they need to win? opinion back home is divided. republicans in particular do not want to hand over a blank check. they're worried about a long war, and there are a lot of people upset that the president goes all the way to a war zone overseas but will not visit the ohio train disaster. meanwhile, china is emerging as the wildcard. they may supply, quote, lethal a assistance to russia. there's all kinds of ways to put lethal assistance into modern weapons, which is what putin desperately needs. and it was announced less than an hour ago that xi jinping would hold a summit with putin in moscow in the coming months. they are ganging up against america. it's a toxic brew. heaven forbid there's an incident which provokes a retaliation. it is ominous. there is an uneasy feeling when the major powers confront each other, but that's what putin has
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done over the last year. of he has disturb thed a piece of the world. now it's the up to the west to respond. third hour of "varney" starts right now. ♪ ♪ stuart: all right, pete pete hegseth with me this thorning -- morning. >> hey, stuart. stuart: xi jinping going to moscow in coming months. that was announced about 40 minutes ago. to me, that's dangerous escalation. what say you? >> it's a terrible development. it's an unholy marriage of convenience, an anti-western marriage. and let's be clear, this violence and risk is because, this pro case is because of -- provocation is because of weakness. and i'm not saying this politically, if you look at that region, under obama vladimir putin took what he could, it stopped under trump and immediately began under biden. and the response was at first to
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attempt to prevent it and then slowly trickle into this conflict. and, you know, a lot of people initially wanted to characterize what's going on in ukraine as a world war ii-style, you know, if we don't stop vladimir putin in the donbas, in eastern ukraine, he's going to roll his tanks all the way to europe. that's clearly not what this is. this is a lot more, and you're a student of history, stuart, this is starting to look a lot more like a world war i scenario where alliances start to develop across europe. nobody really thinks war is imminent on a wider scale, but because of one assassination, one miscalculation and one escalation, now you're in a wider war that no one ever wanted which is beneficial to nobody when really -- and i'm not apologizing for vladimir putin -- he effectively wants his stuff back which is a unfortunate regional, aggressive approach. ukraine, i hope they're successful, but i sure don't want america in a wider war with china as they get closer and closer together.
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stuart: okay. so how should president biden, how should america respond to putin's rant this morning? earlier on the show odd the, pete, just a few -- today, pete, congressman andy biggs, he was on the show and i said what should we be doing for ukraine? he said no more aid. sit down now and talk peace. what do you say to that? >> you know, i've historically been about as hawkish as they come, stuart. i have years and years of a talking about winning wars in iraq and afghanistan. i'm a neo-conservative mugged by reality. and you can talk about winning wars all you want, but tell me what that looks like. what is the end state? how many of our own resources are we going to drain when we have bigger conflicts around the globe? i agree with andy biggs, i do. at this point, ukraine, i'm rooting for you. i want you to stand up to putin. but this can't be something america funds at the risk of further escalation and american involvement when it really is china who a's the big dog we're worried about.
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now we've driven china into the hands of russia who's already working with iran. it's the new axis of evil, and they're hoping we can fill -- just like afghanistan, fill voids. taiwan is ripe for the taking. we are weaker as a result, we can't even recruit people into our military, and we're infecting our young people with the disease that they believe america's the -- stuart: isn't that defeat? >> sometimes there's -- i mean, you could call it defeat. is it really our war? joe biden has made it our war. i think sometimes you have to make a calculation what is in your best national interest. america's national interest at this point. i don't believe, i don't believe vladimir putin wants to take poland. i don't believe vladimir putin's going to head to paris. and as a result, i hope the ukrainians win. we can give them limited diplomatic, whatever, but sending them f-16s which all the hawks want right now means china will give them military assistance.
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now we've got china v. the u.s. and vladimir putin in iran. there will be calls for american troops in due time as hawks continue to want to's chait this. do i want my boys fighting in the donbas to defend eastern ukraine? god bless them, but i don't and i don't think it serves our national interests to drive those two closer together as a wider war will do. stuart: we're going to the find out within the hour precisely what president biden's response is going to be both to the china news and to putin's rant this morning. i think there's going to be a fierce debate as we've already had on this program in the last hour. thanks for being part of it, pete. you're an ideal guy to have on the show. >> thank you. stuart: yes, sir. thanks very much. back to the markets, please, show us where we are now. a ton of red ink on the left-hand side of your screen. there's some negative developments here. 10:00 this morning it was reported that existing home sales have dropped a mere 4 million in a year on an annual
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eased -- annualized basis. poor earnings reports from walmart and home depot earlier, and the dow and nasdaq are in selloff mold. fortunately, michael lee is in new york, and he's sitting right next to me. michael used to be a super-bull, but i've got a suspicion you're sounding more like a super-bear these days. before you get into your analysis, tell me what you think is going on on the market today with this china, russia, biden news? >> you know what? not enough. not enough. you listen to are rebekah koffler who's been a guest on this program, every time they war game this out with with russia, it ends in a nuclear holocaust. to touch on what pete was saying, we want ukraine to win, vladimir putin's a bad man, but do we want to go to nuclear war for ukraine? stuart: so that unease is part of selloff today. >> you know what? i don't think it is, but it should be. stuart: okay.
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>> this is becoming a real risk of a drawn-out, terrible war that, a war where there are no winners. stuart: you say the market, and i read your stuff, the market has been disconnected with reality. that sounds very bearish to the me. make your case. >> i was a super-bull when you have growing earnings, expanding economy, expand liquidity. we have declining earnings, decelerating economy, less liquidity. a tightening fed, less accommodative fed. the lowest quality stocks, the yolo stock, the meme stocks which have been the leaders of 2023, they should not be going up in this environment. i suspect it's more of a short squeeze than a bottoming process in the market. and i think the saying goes don't fight the fed. well, the market is fighting the fed very, very hard. and as a result, the fed is going to have to fight back. the fed always win. wins. so the longer you fight this, the longer we wait for this inevitable recession that's driven by the fed, the worse
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it's going to get. so i would be defensive. and if you own a lot of these high quality tech names that got destroyed like a facebook or a google or a tesla and you were looking at 'em just six weeks ago at, like, half the valuation, maybe now you sell a little bit, okay, and look to buy some back if we get another selloff or look for some of these other names. i own staples, or utilities, health care. stuart: i'm buying 6-month treasury bills and getting 5% yield. >> exactly, yep. stuart: mike lee, thank you very much, sir. ashley, coming on in, please, because you've got the headlines. start with home depot. ashley: yeah. home depot down big odd the, look at that, 5.5%, after they missed earnings expectations. your favorite word, stu, for the first time since 2019. but there were some positive news for workers, however, home depot's going to spend about a billion dollars to raise wages for all hourly employees, and starting pay will be at least
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$15 an hour. also take a look at united airlines. we already talked about that they're making it easier for families to sit together on flights. the stock down little more than 2 percent, but now they're also making news for developing a new kind of sustainable jet fuel. that's right, united apparently is launching a $100 million investment fund for the project along with companies like boeing and general electric. but in this environment, doing nothing for the stock. stu. stuart: a lot going on today, isn't there? i'm glad you're here to cover it. al gore's eco-friendly investment firm is not as green as you'd think. a new report reveals the firm shares in more than two dozen polluting companies. we're on it. we now have a migrant crisis on our northern border. one sector reportedly, reports a near 850% increase in illegal crossings since october. we're on it. the president is pledging to support ukraine, quote, as long as it takes.
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congressman andy biggs says no more, no more aid. i'll ask congressman greg steube which side he's on. ♪ ♪ 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, even if it received ppp, and all it takes is eight minutes to get started. then we'll work with you to fill out your forms and submit the application; that easy. and if your business doesn't get paid, we don't get paid. getrefunds.com has helped businesses like yours claim over $2 billion but it's only available for a limited time. go to getrefunds.com, powered by innovation refunds.
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by the way, trump heads there tomorrow, and he's likely to get a very good reception. now this. i'm going to the give you a live shot of poland. in just a few minutes, president biden will deliver a speech marking one-year anniversary of russia is' invasion of ukraine. peter doocy is there. today, earlier today, peter, putin said he was going to suspend the nuclear treaty with the u.s. do we know if president biden's going to address that? >> reporter: we don't know yet because the last time that we heard from senior officials was right before putin made that announcement. but announcements like that out of moscow make leaders here in poland are, just two countries over, very nervous. and so already today in warsaw president biden has been trying to reassure this country's leaders who are concerned that russia could take over ukraine and then just keep going right over to here. >> we reaffirmed our ironclad are commitment to nato's
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collective security including guaranteeing that the command headquarters for our forces in europe are going to be in poland, period. >> reporter: america's top diplomats have their hands full. china's xi and russia's putin will meet in coming months according to "the wall street journal." their foreign ministers are meeting tomorrow as the u.s. expresses public concern about china helping russia's war effort and as russia announces they are going to pull out of that new s.t.a.r.t. nuclear arms control committee. >> the announcement is irresponsible. we'll be watching carefully to see what russia actually does. we'll, of course, make sure in any event we are postured appropriately for the security of our own country and for that of our allies. >> reporter: putin has no plan froms at the moment to the cooperate with the west, in fact, he is blaming the west for his army's invasion of ukraine.
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>> translator: i want to repeat, it's they who have started the war. we have used and are using force to stop it. >> reporter: and we expect president biden to dispute that when he aches the stage after the -- takes the stage after the polish president, duda, who is at the mic right now. stu? stuart: peter, thanks very much, indeed. how much aid should america give to ukraine? congressman steube, greg steube from florida, joins me now. congressman, your colleague, andy biggs, about an hour ago on this program told me no more aid to ukraine, negotiate peace now. are you in line with andy biggs' feelings? >> yeah, i certainly believe there's a lot of frustration in america right now. hundreds of billions of dollars we've sent to the ukraine and zero accountability to congress. i have called repeatedly to the biden administration, we need accountability for the 112 the,
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115 billion that we've sent there which, if you look at the other european countries and the aid that they've sent, it's pennies on the dollar. it's like 100 million total from nato allies, and we've done $100 billion. put that in perspective, the entire government budget of the state of florida is around the same $115 billion a year. so we've sent significant resources there, and congress -- which should be stewarding the people's dollars -- need to insure that there's accountability on those dollars and the biden administration and the pentagon has refused to give us that information. stuart: has the threat level gone up now that we know that china's leader, xi jinping, will hold a summit with putin in moscow in coming months like they're ganging up against us? has the threat level risen? >> well, i certainly -- look, china's the number one national security threat to the united states. that's a fact. you look at what they're doing from a surveillance perspective with this balloon, they were surveilling nuclear sites, b-2 bomber sites, certainly you are seeing an uptick in activity.
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the russians tried to take airplanes near norad in alaska which is also kind of probing our defenses and seeing what they can get away with. you're certainly seeing china and russia align aring right now which isn't good for the world, and all of the countries that believe in democracy and believe in freedom should come together and stand against that. you're not seeing that. you're only seeing the united states stand up right now. stuart: so we should stand down? >> no, we should absolutely stand up, but we shouldn't be the only ones funding this war in ukraine and to the hundreds of billions of dollars. there needs to be accountability for american taxpayer dollars, look, i'm a former military officer. what is the military purpose and goal in ukraine right now from a strategic standpoint? you're getting no plan from the white house, no plan from this prime minister, and i don't think they have a plan -- from this president, and i don't think they have a plan with no accountability whatsoever. that's not what we should be doing. stuart: if the president, our president, stood up and said here's the goal: expel all
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russian troops who invaded ukraine one year ago, push them all out of ukraine, that is the goal, is that a goal that you would support? >> come to the american people, the united states congress and have congress vote on war in ukraine. if that is what this administration and biden is wanting to do, then come to the people's representatives and ask for us to declare war against ukraine, and i don't think even democrats would vote for that right now. there's not support in congress for an all-out war in ukraine. stuart: congressman greg steube, this is going to be a fierce debate. thanks a lot, sir. appreciate it. >> good to see you. stuart: all right. let's get back to the markets. this is a big selloff. the dow at this moment is very close to the its session lows. it's down 513 points, that's 1.5%, and the nasdaq is down 1.9%. that's 224 points down. the russia-china situation, all of that is really hurting the market today and so is the poor performance of existing home
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sales. only 4 million on an annual basis, a 12-year low. show me big tech, please. the money's coming out of it rapidly. apple's below 150 now. look at amazon, dropping 2.66%. it is a selloff. this week the supreme court will hear arguments in two cases that could reshape the internet. big deal. ashley, i guess this is all about social media. can you explain it to me? ashley: yes, it is, stu. and the outcomes could significantly reshape online speech and content moderation. at the very heart of the legal ballots is section 230 of the communications decency act, a nearly 30-year-old federal law that provides very broad protections to tech platforms. now, one case involves a google subsidiary, youtube, and whether it can be sued for allegedly poo moting trorrist videos. the second case, similar, will decide whether social media companies can be sued for aiding
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and abetting a specific act of international terrorism. the cases carry significant stakes, of course, for the wider internet. they could also lead to major changes of sites including facebook, wikipedia, youtube to name just a few. stuart: next one, ashley, a new report raising are red flags about al gore's to eco-friendly investment firm. what's the problem? ashley: an analysis by bloomberg focused on the equity fund set up by generation investment management, that's the green-friendly investment company cofounded and run by former vp al gore. the report says that the portfolio of more than $26 billion worth of shares in two cousin companies were found to have increased gas -- greenhouse gas emissions in recent years. of the 42 the companies in the fund, the analysis claim ares 18 firms emitted increasingly more greenhouse gases annually between 2015 and 2021.
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in fact, the generation equity fund is ranked among the companies that own the greatest share of greenhouse gas-emitting firms when compared to other so-called esg investing portfolios. not exactly, i don't think, how the original portfolio was sold. [laughter] stuart: not exactly, that's sure. thanks, ash. meghan markle reportedly furious over this scene on "south park." watch i. >> for our first guest, the prince and his wife. [background sounds] >> we want privacy! we want privacy! [laughter] stuart: could the royal couple take legal action over that cartoon? neil sean is going to be with us shortly. this is a big deal. in just a few minutes, the prime minister will give a speech to mark -- the president will give a speech. we're monitoring it. we will bring you the headlines on a big news day. ♪ ♪
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this morning. at the moment the dow is down, this is the session low, you're down 540 points are there. the nasdaq's down 234 and falling. susan li back with us. you're leading off with a defense stock, lockheed martin. susan: yeah, we have to. there is some outperformance if you're flat in a down market, that's pretty good, and the reason is that lockheed could be signing a $2 billion deal with the u.s. navy and a contract for these hypersonic weapons. also the heightened global geopolitical tensions this morning, right? and that means higher sales for these defense stocks like lockheed, northrup, general dynamics. you've been talking about president xi possibly visiting russia in the spring and russia pulling out of that nuclear treaty, so there's a lot to react on today. stuart: i'm surprised the defense stocks are not actually doing better. susan: last year, unfortunately, the tragedy of the ukraine-russia war breaking out. stuart: what else do you have for us? susan: your favorite op thetic on the day, manchester unites,
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man-u, in the english premier league. stuart: you know about in the, do you? >> i do know about the money and economics involved. last week potential buyers are stepping up, there are bids for a full outright purchase or a small portion which you can afford, i'm sure, as stuart varney. only two public -- do you know who the richest man is in -- surprising, right many in man-u 's rumored to be around 5 billion sterling, what is that, 6 billion u.s. or so? stuart: you mean 5 billion pounds -- susan: very posh there. but your team is now -- stuart: whoever's winning. susan: always. stuart: man city. susan: worldwide wrestling vince mcmahon is also looking for $9
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billion for the wwe. that's a lot. but sports rights are doubling each cycle, and that means these sports teams are doubling in value almost each cycle. stuart: yeah, that is remarkable. man-u was $6 billion. that's a lot of money. susan: also the same price of an nba team. they're worth clash 4 billion -- $4 billion each to buy an nba team. stuart: amc? susan: i know you don't like the meme stock trade, but some interesting moves today. you're up 16% in a down market -- [laughter] i know,st it's baffling because i haven't found any news, but back and forth higher than they were back during the gamestop heights in january 2021. stuart: i just couldn't see buying a meme stock like that on the off chance that i'll make 10% -- susan: it's a short squeeze. basically a short squeeze. they're plague on the shorts. so think of concern playing on the shorts. even tesla has been shorted quite a bit, but it's come back quite a bit. stuart: is this the little guy,
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the retail investor, in this kind of stock? susan: trying to stick it to the hedge funders and wall street. look, it's a social media trade these days, and i know what you think of social media. [laughter] stuart: thank you very much, susan. now this, kink -- king charles visits ukrainian troops, about 20,000 troops will spend five weeks in the u.k. before heading back to the front lines. the popular cartoon "park" taking aim at -- south park taking aim at prince harry and meghan. >> we just want to be normal people. all the attention is so hard. >> isn't it true, sir, that that your questionable wife hangs out with celebrities and does fashion magazines? >> what are you suggesting? >> some people might say that your instagram-loving [bleep] wife actually doesn't want pryce. >> how dare you, sir! my wife has always wanted her privacy! stuart: okay. meghan is reportedly overwhelmed and upset by that cartoon.
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look who's here now. royal watcher neil sean. [laughter] could the couple sue over "south park"? you can sue anybody for anything in america. [laughter] >> good afternoon, stuart, from london. i i mean, yeah, the bottom line is the creatorses of south park have been very clever because if you watch it in this context, you can see that they've taken elements of all of the things that meghan and harry have done, you know? the sort of sit-down interviews, even the costumes, all that sort of stuff. it's satirical and very humorous, some some mights say a little bit too cruel at times, but i would basically argue the fact that, you know, reality is there. if you're offended, perhaps you're seeing something in the mirror because they've gone on this worldwide privacy tour. but meghan herself allegededly has said we've never if asked for privacy, but it's documented. it's very cruel, very funny, and the bottom line is i think they
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should wise up and think, you know, or would we go down a legal route, should we? given that harry and meghan seem to love any interaction a regarding legality, this wouldn't be out of character. stuart: right. >> but i think it would be very, very misguided because they don't name them as the duke and duchess of sussex. where do you go? it just proves you don't have a sense of humor. my advice to you, meghan and harry, it it will pass, as they say. stuart: enjoy the privacy. [laughter] i've got a report that king charles, king charles is not going to kick prince andrew out of his royal home before the coronation. what about after? [laughter] i know he's in a royal lodge at the moment. what about after the coronation? and i think he's going to cut his allowance as well, isn't he? >> let me tell you the true background to this story. it's a nice great headline, stow, but the bottom is this -- do stu, royal lodge is a
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30-bedroom lodge are, you know? and basically the prince andrew, the duke of york, did receive an allowance from his late mother, her majesty the queen. king charles is looking at all finances literally across the board, right down to lady louise's pony, if you want to go the that deep. you know, he's looking at the brand of the royalty. and obviously he's thinking to himself, well, if his younger brother is not partaking in royal duties, what does he need to do? he's certainly not kicking him off the windsor lodge, he won't become homeless. but i think there are going to be effort definitely redefining the role of president of the united states andrew. and this story also -- prince andrew. reportedly, he's eyeing america. but the bottom line is he's not, you know, he's just kind of concern the they're trying to work out exactly where to position him n. this cost of living crisis, makes sense and, obviously, king charles is now at the helm of this that big
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corporation whichever way you want to look at it. stuart: and he's a popular king, isn't heaven? so far. >> very. very popular. don't believe the sort of negative stories. he's done some good stuff, you know? particularly i have to say, stuart, this warm space incentive that we have over here. he's opened all these homes so that someone can interact with other people, the elderly, and i think that's a really kind incentive that he's come up with, you know? stuart: a king of the people. not bad at all. neil sean, thank you very much for being here. always a pleasure. >> a pleasure, thank you. stuart: serious stuff here, at least six people are dead after turkey is hit by another earthquake. this comes just two weeks after a different tremor killed tens of thousands. our question is, who's going to pay to rebuild? 45,000 migrants are now being housed in hotels in new york city. local restaurant and shop owners say it's killing their business. watch in the. watch this.
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>> a lot of the revenue that we were relying upon from the tourists has essentially kiss the appeared. stuart: madison alworth has our report outside a migrant hotel. she'll join us after this. ♪ ♪ see no future, pay no rent. ♪ all the money's gone, nowhere to go ♪ 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. but you can invest in them. at t. rowe price, our strategic investing approach can help you build the future you imagine. the new dexcom g7 sends your glucose numbers to your phone and watch, so you can always see where you're heading
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muck. ♪ if. ♪ stuart: well, well, well, we now have a migrant crisis on our northern border. ashley, are there enough agents up there up north to deal with this surge? ashley: apparently not, stu. and now border agents are being moved from the southern border to help their colleagues up north where 56,000 migrant encounters have been reported since october 1st. compare that to all of 2021 where there were roughly 27,000
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encounters that were reported. there's so much focus on the southern border, authorities say mexican nationals in particular are buying one-way plane tickets to mexico and then trying to cross into the u.s. from the northern border despite those extreme, freezing weather conditions at this time of the year. according to an internal e-mail, the border patrol is now requesting volunteers to go to the northern border to start as early as march 1st. in the meantime, we should mention the drug threat continues to increase. border patrol agents at the northern and southern borders have seized a combined 264 pounds of fentanyl in january, up 66 pounds from the same period last year. so it might be 20 below zero, but more of those my grants are heading -- migrants are heading from north to south instead of south to north. stuart: ashley, thank you. businesses have been struggling since new york city began housing migrants in hotels. madison alworth is outside one of those hotels. all right, madison, that are the
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local businesses telling you? >> reporter: stuart, they're telling us that they noticeded an immediate crop in sales when the hotel was converted and in the long term they're really worried about the viability of their business. that's because the holiday inn behind me, which used to be the tallest holiday inn in the world, has now been converted into a migrant shelter. all 50 floors being used to house migrants. that lack of tourists that used to be in this area and also a decrease in foot traffic, that's what local businesses say is having an impact on their bottom line. the last two weeks have been bad, quite slow, and they fear what months of this slowed activity will do to them. >> immediately, as soon as it closed we felt a drop. the area got quieter, even locals avoiding the area, you know, trouble, stuff like. that so we don't know what's going to be the immediate, like, the ultimate result of this, but the usually it's not good.
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>> reporter: chris projects sales right now are down around 25%. across the street at waddle café, the manager, eric, telling fox business, quote: we've probably lost at least 50% of what we were bringing in. both are frustrated that decisions remain without considering local new york businesses. >> they constantly do stuff like this, and they never consult the business. their just, like, we're going to shove a bunch of people into that hotel. they never look out for us. constantly do stuff, that's why we're always complaining. >> reporter: all of this costing taxpayers a lot as welt. each room in this hotel is costing $109 a night, so each day taxpayers are paying around $100,000 for migrant housing right here in new york with just this hotel. stuart? [laughter] stuart: that's an awful lot of money. thanks so much indeed, madison. we'll see you again soon.
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this is the time when we show you all 30 of the dow stocks, give you a sense of where the market's going. it's heading south bigtime. there's only two winners, walmart is up a fraction. procter & gamble is up all of 36 cents. the rest down, and the -- i'm sorry, the dow is down 500 points. next case, nba free agent ennis canter freedom is on turkey's most wanted terrorist list. they've got a $500,000 bounty on his head. kanter is an american citizen, but he says he hasn't gotten any support from the white house. men not canter freedom is here on set with me next. ♪ ♪ i'm free to do what i want and have a good time ♪
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is amazing. ask your rheumatologist about i've been maintaining. the weight is gone and it's never coming back. with golo, i've not only kept off the weight but i'm happier, i'm healthier, and i have a new lease on life. golo is the only thing that will let you lose weight and keep it off. who loses 138 pounds in nine months? i did! golo's a lifestyle change and you make the change and it stays off. (soft music) stuart: president biden has begun his speech in poland. one of the most important things he has said so far is, quote, our support for ukraine will not tire. that is important. earlier today on this program two republicans suggested that we give no more aid and and that peace talks in ukraine should start now. so there's some very different views on what we should be doing in ukraine. we'll bring you any more
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headlines as they occur. next case. sad story. another earthquake rocked southern turkey on monday. this comes just two weeks after a massive earthquake devastated the whole region. ashley, the latest, please. ashley: well, at last report 6 people at least have been killed in this latest quake, close to 300 people injured. it measured 6.4, was centered in southern turkey and, by the way, also felt in syria, egypt and remember not. at least 90 aftershocks have also been felt federal this very latest one is, and of course, this happened while rescue workers continueing their efforts from that catastrophic 7.8 quake that collapsed thousands of buildings on february the 6th in both turkey and syria. the death toll from that, by the way, has now exceeded 41,000 and is expected to climb even higher. stu. stuart: ashley, thank you very much, indeed. now, ennecessary canter freedom
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is we -- enes kanter freedom is with me here in new york. who's going to pay to reconstruct turkey? >> turkey's facing one of the heartbreaking all time in its history. president erdogan said many times he's going to build the whole country in one year, but i do not believe that. i mean, it's not a lie that it's not easy to work with the turkish government, but what what gives me so much hope the response of international community. there's been so much, you know, help from many of the countries out there in the world for the turkish people, so that makes me really happy. stuart: president erdogan put a clash 500,000 bounty, a price on your head, calling you a terrorist. he'll pay anybody $500,000 to knock you off. have you gotten any help from president biden or our administration? >> you know, unfortunately, not. i remember right after that news i wanted to hear and i started having conversations with
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congressmen and senators, and i was, like, look at my every time that i talk about, i only talk about the human rights violations and political prisoners in turkey, and that lead them to put me on most wanted terrorist and put a bounty on my head. this is unacceptable. they're doing in the to an american citizen on u.s. soil. so i was, like, i want to have a conversation with president biden, and because this is unacceptable. even circulate bipartisan letter in the congress, but he has not responded yet, and this is unacceptable. stuart: you can't play in the nba at the moment, can you? by the way, a chinese company, the ant group, going to work with the nba. so this is another tie-in between communist china and the nba. >> oh, my goodness. stuart: what do you think of that? >> they're trying to do whatever they can to make their money. and it's not a lie that they put money and business over their morals, values and principles. stuart: but if they said
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anything, the money supply just gets cut off, doesn't it? they're between a rocking and a hard place here. >> nba was the first organization when all the protests were happening went out there and said we are more than a basketball organization, with we care about the society. well, there are -- while we are talking right now, there's a genocide happening and you're working with that government. china. it's unacceptable. we gotta do something about it. we've got to expose this hypocrisy. stuart: but the world is realigning, and china's not on our side. i don't think the world's going to do anything about what's going on in china. nba certainly will not. >> definitely not. it's not only nba. you see hollywood, wall street, big tech, farmland -- stuart: exactly. when am i going to see a good movie about islamic terror? deal with it. when are they going to put out a movie about china? they never will. >> not gonna happen. it's about money and, unfortunately. stuart: i will not enon a down
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note. it's great to see you. >> finally i get to the e meet you. thank you so much, i try my best. stuart:men necessary canter freedom, thank you, sir. >> thank you. stuart: oh, it's the tuesday trivia question. which president won re-election by the widest popular vote margin in history? was it thomas jefferson, lin d -- franklin d. roosevelt, linden johnson, ronald reagan? >> who was it? if i don't know, but i'm not going to look it up. we'll give you the right answer after this. td ameritrade, this is anna. hi anna, this position is all over the place, help! hey professor, subscriptions are down but that's only an estimated 15% of their valuation. do you think the market is overreacting? how'd you know that? the company profile tool, in thinkorswim®. yes, i love you!! please ignore that. td ameritrade.
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♪. stuart: which president won re-election bit widest popular vote margin in history? you got to start this one off, ashley, because i haven't got a clue. >> neither do i, i go with the reagan landslide over arter, number four, reagan. stuart: same thing i would go with reagan in 1984. oh, dear, that was lyndon johnson, 1964. lindh ton johnson, 1964 beat republican challenger barry goldwater with 61% of the vote. that is a genuine landslide, landslide and a half actually. ash, thanks a lot, see you tomorrow. the market is selling off. down she goes. that's it for "varney & company," "coast to coast" starts now. neil: scary world and scary stocks. we're on top of why it seems everything today is headin
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