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tv   Varney Company  FOX Business  April 7, 2023 11:00am-12:00pm EDT

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ah, these bills are crazy. she has no idea she's sitting on a goldmine. well she doesn't know that if she owns a life insurance policy of $100,000 or more she can sell all or part of it to coventry for cash. even a term policy. even
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>> everything on his watch in the military is his responsibility and for somebody to push back through the last administration. that's ab .s i think -- absurd and ruined the tv set after throwing something at it after hearing what was going on in the press conference. >> most americans declare they're in a recession and globally, the globe is entering into a re-re-.s >> in order for the feds to recede, we need unemployment above 5%. they'll raise in may and get rate up to 5, 5.25 and they'll potentially pause. ashley: it is 11:00 a.m. on this east coast and take a look at
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st. patrick's cathedral on this good friday. i'm ashley webster in for stuart varney. let's take a look at treasury yield up nearly seven basis popoints and bitcoin slightly lower earlier and right now it is -- they say down $31 at $27,936. all right, now this. california governor gavin newsom has been touring the south this week and while in florida, newsom visited the new college and, oh yes, criticized ron desantis saying "i can't believe what you're dealing with. it's just an unbelievable assault. it's common with everything he's doing, bullying and intimidating vulnerable communities. weakness, ron desantis, weakness mas kanmasquerading weakness ace board". steve hilton joining me with this.
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perfect person. what about all the problems newsom faces in his own state, california, mr. pot meet mr. kettle; right? >> exactly. not even the problems he faces. the problems he's created. i mean, he's been the governor and his party has been in total control in the legislature for decades and whole thing is there's no one else to blame. take this issue of education. he's going to run around the country and yell at red states and now he's in florida yelling at ron desantis for an all out assault he calls it on puck lick education. look at public education in california. luisa ragaini seizure disorders, the foundational -- lit ragaini, the foundational aspect of education. where do you think gavin newsom is in california? ashley: at the bottom; right? >> 50 out of 50. he's the worst. his state is the worst in the nation and he's running around
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and yelling at other states and i wouldn't be surprised if he couldn't spell gaslighting, which is what he's doing. ashley: are we looking at a run from him in 2024? is that more likely? >> that's all he's obsessed by and given up on his actual job and returning around doing this -- all these political stunts but there's no vacancy. that's the terrible thing. he's sort of looking for this job that's not on offer and biden made it clear he's going to run and keeps delaying his anounsment to stop -- announcement to stop any other candidate from getting going and this man with the great honor and privilege which is the greatest state in the union bespite all the problems and the
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fourth largest economy in the world and doesn't want that job. rather he'd go around and make these ridiculous points desperate to be president but there's no vacancy. ashley: former california governor jerry brown, he doesn't think the president biden is a sure thing for 2024 election. he said, ," well, you know what, it depends on what the alternatives are, i would say this is not a slam dunk any way you look at t biden is the strongest". biden is the strongest? is that a misphrasing? >> what do you think? the word strong and biden don't really go together. the truth is in the democratic party, if he doesn't want to go, he's not going to be pushed out. these candidates aren't going to
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run against him. the only way you displace biden is if biden chooses not to run and at the moment, every single digits indication he bizarrely and can barely get out of bed and read a speech properly wants to do it ashley: a new report said he begged a bystander for help after being stabbed in san francisco and he was ignored. i've seen the video where he's waving to cars. the san francisco police but crime is out of control.
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that's what's going on in the cicities and no surprise and its very logical if you remove the incentives, if you remove the penalties for violent crime, then the incentive is to commit violent crime and that's what we've done. it was blocked by the democrats so the police's hands are tight and not just through the actual de-moralization and coming from antipolice rhetoric and offices are leaving and cannot recruit and we know that and on top of that the actual statutes and laws and penalties available to police aren't there and produce
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them. >> it's a blame game and they blame each other and mayor london breed in san francisco complaining she can't get the kind of cleanup operation going in terms of homelessness and crime and blaming board of supervisors and they blame the state government and so on. the fact is that what you've got in an operation up and down the
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party and politicians aren't in control and unions, government unions and activists are in control and they're running things and these examples in issue after issue of total collapse and chaos. ashley: i used to live in california and it's an incredible state that's being ruined by horrible, horrible policies and it's up to you, steve hilton, to sort them out. we're relying on you. >> we're on it. ashley: good, and we'll be watching you on the next revolution sunday at 9:00 p.m.. it's a great show. happy easter, steve. let's bring in jonathan hoenig right now. am i reading this right, jonathan, and looking at the prompter that you're investing in nigeria. i got an e-mail from a royal prince in nigeria that wanted me to help with money problems but
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you say there's options. >> ashley, great to be with you and extra points and easter and passover to all the vasers and to be a contrary you have to acd bitcoin in 2016 sounded crazy and amazon.com back in early 2000s sounded crazy and what i'm seeing in the emerging markets right now, ashley. emerging markets are very unloved and not very sexy, but there's been times historically that they've been where the action is. it's one area in terms of emerging markets writ large they'll make money in the coming months. ashley: you bring us alternative options and you've outdone yourself with that one today. i want to get into this one,
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jonathan, you say own the airports so areas that are going more capitalist and free market policy and emif is another etf at capitalistpig.com and emerging market list infrastructure fund and toll roads, energy grids, et cetera. these are the every day types of expenses, great dividends on this one and in the next ten years, very much like 2020-2010 and the emerging markets and they continue to fall. emif is one you could own. ashley: fantastic. the jobs report. i'd love your feedback on that what do you think and what does it do for the fed? one more hike in may and we're done? >> market is suggesting a slower economy, ashley.
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we're starting to see jobs turn over. we're seeing hiring turnover. we've been talking about that inverted yield curve for months now. this long awaited recession is finally here. you've got to be very careful about where to invest and emerging markets are a surprising safe haven in today's environment. ashley: terrific stuff. happy easter, jonathan hoenig. >> thank you. ashley: sweet green renamed menu item after being sued by chipotle. they accused the salad restaurant of copyright infringement after launching chipotle chicken burrito bowl. sweet green renamed the chicken plus chipotle pepper bowl. general motors recalled 300 cruz robotaxis and want to update the software after one car rear
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ended a bus in san francisco. gm said the taxi miscalculated how a bus would move pulling out of a bus stop. no one was hurt in the crash. that's the good news. people like their weekends. really? what a surprise. 33% of workers would cut their job if they could get something else with a four day workweek. only by the way 10% of workers would be willing to accept lower pay for a four day week. so that's the catch. all right, now this, protesters on a public college campus dance, march, and destroy a bible all to try and shut down a conservative speaker but it didn't work. the guy by the way still got to talk. we're on that story. not a great pictures. house judiciary picture subpoenaed a speaker and bragg thinks republicans are becausing their power and calls it harassment and intimidation. maybe he could look in the mirror. we're on it.
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white house isn't taking responsibility for that botched afghanistan withdrawal. instead they're blakeing, you guess it -- blaming, you guess it, donald trump. we'll have the report from the white house, next. 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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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. when people come, they say they've tried lots of diets, nothing's worked or they've lost the same 10, 20, 50 pounds over and over again. they need a real solution. i've always fought with 5-10 pounds all the time. eating all these different things and nothing's ever working. i've done the diets, all the diets. before golo, i was barely eating but the weight wasn't going anywhere. the secret to losing weight and keeping it off is managing insulin and glucose. golo takes a systematic approach to eating
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administration releasing a much anticipated summary and put it is squarely on the previous administration and donald trump's former secretary of state says they left the play book behind but it was ignored. >> they sabotaged a plan in place and it was conditions based and took the plan and botched it. they made a hash of it and the american people suffered for it and frankly america's standing in the world is continuing to suffer for that today. >> president biden's approval rating never recovering from the hasty withdrawal from afghanistan and has been under water ever since. 13 u.s. service members killed in a suicide attack. over 100 afghan civilians trying to leave were killed. president bind's choices on how to
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withdrawal from after stan stan were strained from the predecessor and they were desperate to board the transport plane sered into many people's memories and president biden promised a month before the evacuation it would not look like the fall of saigon. >> no circumstance will you see people being lifted off the roof of the embassy from the united states from afghanistan. it is not all comfortable. >> you got to look at what he came into office what he was walking into. he didn't negotiate with the taliban or invite to tamp david or release 5,000 prisoners or reduce force levels in
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afghanistan to 2500 or have an arrangement to attack the troops and came in with a certain set of circumstances and no ability to change. he had to deal with it based on what he inherited. ashley: there it is. shifting the blame, kim strassel joining us this morning. kim, great to see you. it's the blame game and boldfacely so and so many people disagree with the summation of this report. what say you? >> that deal had conditions and taliban broken that and president had every ability to change what he was doing on the ground. his own advisers were telling
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him to do that and european allies telling him to do that . he ignored all of it and he made the decisions that led to the scenes on the screen and to the death of 13 u.s. servicemen. ashley: even more disingenuous, john keystone lake by saying i didn't see any -- john kirby saying i didn't see any chaos. that video is difficult to watch given the susan:. how on earth can he say something like that? it was chaotic. >> yeah, and it went on for days and the other thing that we haven't also addressed is the fact that -- a couple. one we left thousands of afghany allies behind even though the administration claimed we got them all out. that was not true. and this report doesn't address the consequences, the longer term consequences of this. there's a straight line between this and afghanistan and saudis
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questioning if we're a trust worthy ally and the russia and ukraine war and instead you've become more aggressive. ashley: bragg calls this subpoena harassment and intimidation but this former prosecutor actually left bragg's office when bragg didn't bring charges against trump earlier last year. what do you make of that? >> as they note, hey, you left the office and wrote a tell all book. how can you possibly claim you can't talk about these things
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with us in public. we'll see what his response is now. they're clearly pulling him in because they want to try and question him about the susan: leagued up to the indictment and not even handed this -- how even handed this is and politics as we know was playing a role. ashley: does this play into donald trump? certainly in the short term he's gotten a boost in fundraising and volunteers and what have you? but what does this do to him long term looking ahead to 2024 synergy home do you think? >> in light of this and special counsel and department of justice and that prosecutor in georgia, do these continue to pile up? how does that play in the primary and by the way, keep in mind the timing, which is really going to be bizarre,'may not have his first court appearance
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till december, a month before the iowa caucuses. ashley: great stuff as always. kim, thank you for joining us this morning. we appreciate it. >> thanks, ashley. ashley: now this, citi says china's economic recovery taking longer than expected. citi predicted stocks to rebound in june but now the bank is forecasting a recovery that won't happen until september and the problem here they believe consumes remaining conservative about spending in china. and then there's this, china is retaliating after taiwan's president visited america and the china announcing sanctions against the ronald reagan presidential library, can you believe? that's why speaker mccarthy and the taiwanese president held talks on wednesday and china sanctioning the hudson institute after they presented a global
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leadership award to taiwanese leader in new york city. both organizations are now banned from any cooperation exchange or tranqs action from institution -- transactions from institutions in china. now this, grease is going woke. a brand new tv reboot featuring a nonbinary character and even having a song about white supremacy. are you on the edge of your seat? i know you can't wait. millennials will be the key to top victory in 2024 and new poll showing that group than any other generation. fascinating. we'll be joined about it next. ♪
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ashley: today is national beer day and moten dell -- modelo and culprit is across the board inflation. it comes as beer makers continue through price increase and a 24 pack of 12-ounce beer was up nearly 8%. expensive. now this, interesting and wasn't gaining ground of millennials and liked by 47% of this age and
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tommy, are you prized by that and how significant is it. it >> seeing things for how they are and trouble adjusting to reality and going to the younger generation, gen z and now they're the ones that are lost and this is very encouraging for me and lawler it tells me is simple, it tells me the millennials like myself are in the work force and paying taxes, we're worried about our families, we're worried about the market, we're worried about inflation, it tells me that millennials are understanding that under donald j trump things were boater economically and better as it relates to foreign policy and situation on the world stage means i never thought i'd say it, my generation is waking up to reality and i love to see it. it's sad that it took reality
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setting in to make this shift but as long as we're here, let's run with it. ashley: when you look at what's going on in the progressive-run cities like san francisco, chicago, new york, i think it's very obvious the difference between there and the red states. that message is getting through. >> i agree with you it is and by the migration of people when you're a young person and can't afford your rent and be safe on the street and under donald trump, things were going pretty well. that's a good indicator of maybe what will happen with this voting block, this very important voting block in 2024. ashley: live action remake of the little mermaid going woke. now we have the reboot of iconic '70s classic grease and getting its own woke makeover.
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>> there are a lot of kids in ridell who are sick of feeling like they're not welcome here. >> i know what it feels like to not feel like the others. ♪ >> you have to think big to really change things. ashley: really change things, tomi, this has a reboot about white supremacy. >> i believe it because that's the reality we live in in woke 2023. what this looks like is victimhood, the musical. what this does to promote equality or to promote people excelling innovation and pomoxus mote potential for people and i don't understand because this is setting victim hood to song saying everything is horrible and you're oppressed and you're an oppressioner or victim and we can sing about it. they kay go woke, go broke. woke carries the kind of
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connotation it does because it doesn't help business, it's not going to help this film and i love the original grease so i don't know why they had to touch it. ashley: couldn't agree more and i want to get to this story. protesters at state university of albany in new york tried to shut down a free speech event hosted by conservative pundit speakers by ripping up one of the bibles. watch this. [ chanting ]. ashley: so much for the first amendment, so much for tolerance if they don't like what you're talking about, you're not allowed to say anything. it makes me so mad, tomi. >> it upsets me as well because it's happened to me at a number of occasions. office the university of new mexico and few months back and had to be barricaded in the
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kitchen because it turned violent. riley gains had it happen to her as well. this is cancel culture but the way we fight back is we have consequences for people that try to shut down free speech and do it in a violent and intimidating way. this is the new mechanism because when they can't hit universities, just cancel a speaker and make it nearly impossible for that speaker to be there without having to pay hundreds of thousands for security. this is the new method. i call on these higher institutions of education to have actual consequence for people that do this. it will end quickly but as long as these people are the entitled and protected class, nothing will change and it's only going to get worse. ashley: do not be defeated. one minute left, tomi. your thoughts on donald trump's indictment on what appears to be an incredibly weak case and only pushed more money and more support towards the former president. >> right, because average
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americans are waking up and i call them the forgotten americans because donald trump donald trump really touched the hearts of those americans and they see a duty to rally around him against this injustice and they understand that donald trump in a large part stands in the way of what the federal government and weaponization of the fbi, doj and justice suspect wants to do to average americans and we rally around and circle the wagons around the president not just because we're conservatives and injustice and we know if we don't correct this, it comes for each and every one of us and now is the moment to become the louder silent majority. ashley: fantastic stuff. tomi lahren, we covered a lot of soucts and you handled it with a plum. thank you so much, tomi on this friday. really appreciate it. >> thank you and have a beer, it's beer day. ashley: yes. thank you. i will. you too. musician diddi said he pays
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musician sting $5,000 every day and he'll do it for the rest of his life. we'll explain that. the price of gallon of regular gas up three-cents overnight and it's only going higher. jeff flock is burning gas and cash driving around chicago. gas there by the way, up 11-cents in a week. the one and only jeff flock is next. ♪ asking the right question can greatly impact your future. - are, are you qualified to do this? - what? - especially when it comes to your finances. - are you a certified financial planner™? - i'm a cfp® professional. - cfp® professionals are committed to acting in your best interest. that's why it's gotta be a cfp®.
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ashley: on this day, april 7, 1928, the detroit police department commenced the first one-way radio communication with their parole cars. they didn't answer but had one way communication. now you know. don't forget to watch american built on mondays, 9:00 p.m. eastern only on fox business.
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now this, car headlines and speaking with toyota, ten new ev models we're told by 2016. they also expect sales to reach one and a half million evs per year by then. model s and x car got a $5,000 price and model y2000. jaguar land expect free cash flow of around 800 million for the year and expectations are being hit by the ongoing chip shortage. all right, now let's take a look at this, average price for a gallon of regular stands at $3.58. that's up per eight cents in the past week. jeff flock, driving around illinois. jeff, good morning to you. we saw you going into the gas
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station earlier and how much has gas gone up that's a one-half scaled replica of it right next to costco station and check out the lines. look at this. can you see them? this is the costco which typically has a cheaper gas. i'll get the price in a acceptability reporter: take a look at where it's most expensive to buy gas and usual suspects and ohio has really spiked and this is
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because number one. refineries speaking of which, they're doing maintenance and beginning to switch over to those blends, summer blends and so that tends to drive the price up too. just driving up maybe we come back live because you can see the license here. this is costco and looks like, is it $3.99? yep. that's higher than the average in illinois but a lot cheaper than in chicago. this morning we were looking at $4.49 in some stations and a whole bunch of cars going in here. this guy will let me go because i want to get up and take a look. look at these cars, my golly. there's not a whole lot the administration can do right now in terms of bringing in down. they kind of shot their wallet
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on the spr release. look at numbers on that, the spr now about 371 million barrels down 34% from just a year ago. back live once again, we'll get in the costco line and i am not a costco member but -- these guys are really in a hurry. this is what you're looking at. this is cheap gas, at least what fall qualifies as cheap gas in the chicagoland area, $3.99. it was what, yesterday, mike? >> $3.89. reporter: up ten-cents in the last day or so. there you have it, sir. hope you're a costco member. ashley: thank you very much, jeff flock. no one can drive and do a live report better than jeff flock. leaning tower of miles in as well. thank you so much, jeff. millennial and gen z travelers
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are planning bigger budgets and waiting to book the trip when the time is right. it makes sense. millennials and gen zers plan to spend money on things in years past and last year users checked price of domestic trips on average of 16 times before actually booking their trip. that's up 33% and prices were checked 50% more often than in 2019. also planning on traveling. bizarre claims from two former teachers suing the school. a power machine rife with
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corruption. that's next. ♪
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breath you take for a reason. rapper diddy had to pay a lot of money to sting in the day. remember this song? ashley: i'll be missing you. great song. great version came out 26 years ago, but it's making headlines because of this. diddy confirmed he pays sting $5,000 every single day for the rights to the original song. if you're wondering, it comes out to $1.825 million every year. it's every check you cash, every breath you take.
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ye, the rapper known as kanye west is being sued by the way. two former teachers at private christian school say they were wrongfully terminated from the donder academy and the suit claims donder had several strange rules like no chairs, no coloring sheets, no cross word puzzles and students could only eat sushi for lunch and they were all held on the first floor of the build and the suit claims ye is afraid of stairs. now this, progressive and former union organizer brandon johnson narrowly won chicago's mayoral race this week and you can thank the teacher's union for that and they rallied their troops to get the vote out and donated more than $2 million to johnson's campaign. mainly smith is a director of the policy institute and joins us this morning. great to see you. do you think johnson is in the
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pocket of the teacher's union now and owe them for his success? >> he really does. you know, in the weeks leading up to the election, more than half of parents in a poll indicate that had they felt ctu already had too many control over the city and yet brandon johnson we have a proxy for the ctu and their radical agenda right in city hall. 90% of his campaign funding was from unions. 50% from teacher's junes and as you noted nearly 2.3 million from chicago's teacher union and even though a number of their members criticized the union for spending so much on politics. it really is a blueprint for special interests in other states that if you spend enough in your member dues and get on the streets, you too can take
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over city hall. in 2010 a radical wing of the teacher's union took over and cpu has been a troubled system. it's dropped 90,000 and proefficiency in decline year over year and last year in 2022, according to state records, onlf length graders could not read or do math at grade level. last year, nearly half were chronically absent. this is a result of the radical policies that ctu has put into place over the years and demanded of cps when they took over. brandon johnson is a part of that radical wing.
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ashley: is that the problem? >> that is a problem and after 2012 strike, the teacher's union how ho do what they do and notify the strikes since 2012 or five walkouts. they do pride themselves in like i said teaching other unions to go the course. they also, brandon johnson received a lot of support from american federation of teachers than randi wiengarten here on stomaching for brandon johnson. ashley: so i recollects we're out of time. you made your point. we'll have more right after t this.
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ashley: time for the friday trivia question. what is the top selling easter candy in america? peeps, jelly beans, cadbury eggs or peanut butter eggs? they are all good. the answer is peeps! 22% of the marketplace, that is according to amazon. all right, our time is up. coming up next, "coast to coast" , have a great weekend, everybody. neil: all right, on this good friday, there is no trading and right now, officially no treasury trading. the bond market now closed, with interest rates backing up, stoc

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