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tv   Varney Company  FOX Business  May 1, 2023 10:00am-11:00am EDT

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stuart: that is new york city. it looks wonderful now. last couple days it was absolutely awful. rained, non-stop. two or three inches at a time. that is new york on a sunny day. good morning, everyone, it is 10:00 eastern. let's tell you about your money this morning. we have green on the stock market pretty much across the board. nasdaq which is down 12 points. we have the takeover, wrong to use. we have jpmorgan taking first republic. i thought that might upset the market. it has not. market seems to be relatively strong. 10-year treasury yield gone up a little, not much, 3.49% is the yield now. the price of oil come down. $75 a barrel. bitcoin, little changed there. you're looking at 28,000 bucks per coin. just got the numbers on manufacturing. that could change the market. tell me more. lauren: contracted six months in
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a row. number from april rose from march, still under 50, contracting. that level, 47.1. another bad number in this report. prices paid, they went up to 53.2 from 49.2 in march. so inflation still with us, showing up in the, in the factory chain. stuart: i don't see much impact on the market, not immediately anyway. the news is out a few seconds. dow not much movement. dow holding on to a 61 point gain. not much movement after the report there. folks, now this. people are voting with their feet. as we've been reporting there is a mass movement out of high-taxed democrat states. now we're finding out how much money they're taking with them. data from the irs reveals $10.9 billion worth of income just walked out of illinois. 24 billion out of new york. 29 billion out of california that was just in 2021.
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since then the exodus picked up steam. as if red and blue states were different countries separated not just by geography maybe by political culture? blue states are always eager to regulate. try building a house in california. it will take a while, cost a fortune. blue states love taxes. they never met a tax they didn't like. when was the last time a democrat state legislature ever proposed a serious tax cut? it's culture of control. it doesn't work very well. it does not produce a dynamic economy. top down government smothers the go getters. red states, they're the winners. that irs data shows where the blue state money actually went. $39 billion of went to florida. 10.9 billion went to texas. that is just in 2021. 50 years ago when i first came to america, california was the big attraction. it was the golden state, pulled in migrants by the million. it was a republican state back then.
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it is not now. if anything, the big democrat-run states are example of what not to do. it is the free republican states that are the big attraction now. second hour of hour of "varney" just getting started. ♪. stuart: karl rove with me this morning. always good to see you. people are voting with their feet. how does that translate to the 2024 election? >> well, it means red states are likely to get somewhat redder and blue states are somewhat likely to get somewhat bluer. you can see florida, 2022, first time more registered republicans on the voter rolls than texas. texas we don't register by party in texas. there was a sure jay for people registered to society in texas for the first time since
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november of 2020 after the 2020 election. roughly mid 30s, republican, high 20s democrat but the generic ballot for the 2022 election, 59 republican, 41 democrat a lot of those new immigrants are economic immigrants. it will continue. i was in los angeles on saturday. lovely home in beverly hills. wonderful job creator, wealth creator, wonderful family, they just moved to dallas. they would keep the place in beverly hills for a while. they moved to dallas. with them jobs, future economic growth of the state of texas. stuart: that is interesting story. next one for you, karl, former president trump claims he is under total assault because he is leading the 2024 gop polls. he also took another swipe at florida governor desantis. he says desantis is failing badly. his political career is over. karl, conventional wisdom has it
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trump walks away with the primaries. what do you see happening? >> first of all isn't it interesting, walking away with the primary why are you taking a shot at the guy who is behind you? why aren't you focused on the general election? why are you wasting your time on somebody you're already saying is a loser? i think because donald trump on some level understands he is in a horse race. remember 2004 who was leading at this point in the nomination of the democratic party? howard dean of vermont. who was leading at this point in 2008 sweepstakes? hillary clinton. who was leading for republicans in 2012, newt gingrich. right now the leaders are biden and trump. because they are the biggest figures in their respective parties. doesn't mean they have a lock on it, particularly on the republican side where trump does not have the advantage of the white house like biden has in his primary contest.
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stuart: last one for you, rnc ronna mcdaniel said republicans were unable to sway independents in the 2022 midterms. roll it. >> the biggest takeaway, independents did not break our way which has to happen in the 2024. that is what causes red wave. abortion was a key issue in the pennsylvania. the guidance we get to our candidates you have to address this head on. stuart: do you agree with this analysis, abortion was a real problem in 2022? >> it was and it wasn't. it was an issue in michigan where there was a constitutional amendment on the ballot. let's look at couple states to see if we find the real problem here. arizona, the republican state treasurer 19thousand votes more than republican nominee for u.s. senate and 120,000 votes than
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republican governor nominee. she is at bottom of the ticket. they're at the top. brian kemp gets 400,000 votes more than the republican nominee her develop walker. in ohio, a very strong pro-life governor wins by 25 points what used to be a battleground state, republican nominee for the u.s. senate wins by six. endorsed by donald trump, endorsed by donald trump, endorsed donald trump. trump backed lousy candidates, lackluster candidates for the ohio. ohio was,s governor wins by 25. secretary of state, auditor, front and center trump candidate wins by six. not only did we lose independents in critical races in 2020, we had some republicans enough is enough, i'm voting for my state treasure in arizona but not the republicans running for senator and governor. stuart: karl rove, we leave you
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there. >> thank you, stuart. stuart: big financial news of the day. get back it. jpmorgan has taken over first republic. ryan pain is with me. >> a lot of i haves what would happen with first republic. i would mention a lot of problems silicon valley bank had. 67% of deposits were uninsured. no secret depositors were leaving in droves. in my circles hundreds of millions were leaving that mat form. i don't think that was a big surprise what was going to happen. what would get orchestrated. the deal with jpmorgan, creates stability with we've seen whole way through the banking crisis. markets only fon higher. stuart: big banks are getting bigger, powerful, that stablizes the system, doesn't it? that in itself is good thing. >> short term yes. long term i'm not a fan of monopolies. we will have to see
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disnumeration big banks, we don't want them to get so many power. stuart: the banking crisis is winding down significantly? >> the market is telling you 100%. stuart: are you in this market. >> raging bull, rhetorical question at this point. no, no i think i've been bullish since last year. my big thesis has been the economy is not falling off a cliff. we're not seeing it is not. positive gdp growth last quarter. be real, every strategist last year told us we would be in recession right now. it just hasn't happened. they keep pushing predictions out further. reality, okay to be wrong. not okay to stay wrong. economy stronger-than-expected. earnings are better than expected. we're in a bull market. stuart: i suspect there is a lot of people who followed money managers who kept them out of the market for the past year or 18 months. they're now getting real worried because they're not back in yet. they have missed a 30% rally. >> oh the pressure is on.
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i am with one of the fastest growing wealth management firms in the country. stuart: got that in nicely. >> terrible self-promoter. you're right. they're sweating it right now. there is so much cash sitting on the sidelines been out of this market waiting for the next shoe to drop that hasn't happened. you're getting a little bit of a short squeeze, month any has to come back in. where will money go. furthermore fed will lower interest rates this year. stuart: you think. >> i think realistically yes. they will have to start to pivot at some point. make that announcement tomorrow. when you reinvest the treasurys 5% on, all of sudden getting 3%, you missed the move in the market, it will be a big mistake. stuart: ryan, very bullish guy. i'm reminded constantly. thanks for joining us. >> thank you stuart. stuart: yield on the 10-year treasury moving up quite sharply. two year i'm sorry, two year up at 4.13. lauren back with the movers. i will start with the casinos because they're all doing well.
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lauren: wynn up two and change. macao set a new post pandemic record, welcomed 133,000 visitors on sunday, sunday alone. why? may day, second week of chinese may day golden week poll day period. manufacturing sector contracting. services slowing. can may day, this holiday reverse it as the chinese spend more money because they're on holiday? stuart: casino stocks are nicely higher. lordstown motors. lauren: down big. make endurance ev pup. which they delivered what, six? they say their funding is in crisis as their main investor, foxconn may pull it, lordstown might have to file for bankruptcy. stuart: okay. perilously close. 39 cents a share. uber is up again. 4%. lauren: no news except for earnings coming out of tomorrow. speaking of service spending
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here in the u.s., are we opening wallets wider taking ubers more often? indication of the strength of consumer. stuart: lyft is going sideways. uber is taking off. lauren: they have more plays, diversity, meal delivery. stuart: seems like it. lauren, thank you. this, new york city mayor adams, he has a new solution to addressing the crime surge in the city. handing out apple air tags. we'll get into that, tell you all about it. presidential candidate vivek ramaswamy clashed with nbc chuck todd when he said this are only two genders, watch this. >> are you confident that you know that gender is, as binary as you're describing it? are you confident that it isn't a spectrum? you know this as a scientist? >> there is two x chromosomes, x. y. stuart: there you have it. joe concha will deal with vivek's position in the culture wars. joe will shown us shortly.
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to comcast business internet customers. so boost your bottom line by switching today. comcast business. powering possibilities™. stuart: market shows some green. dow up nearly 100. take a look at some of the big banks because they're doing very nicely this morning. almost all of them are up. president biden cracked jokes about his age, his lack of press availability during the te white house correspondents
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dinner. mark meredith joins us this morning from the white house by the way. biden was joking. he really had a very light schedule so far this year? >> reporter: stu, he certainly has. the white house faced questions what happens behind the scenes. first events don't start much later in the day. some days they call a lid. meaning there are no events on the schedule. today is one of the busier days. his re-election campaign kicked off. he met with donors last week. there are a lot of questions whether voters will be okay with his age as the race gets ready to shape up. the latest "gallup poll" shows the president's job approval rating under water, 59% disapproving, 37% are happy. president poked fun at his poll numbers in the in the white correspondents dinner. may fun of president trump, florida governor ron desantis. both may pose a challenge in the next several months. jokes aside president has to do
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something to reverse his poll numbers especially during the predecessors during re-election campaigns. still democrats in congress are dead toy to stick with biden for 2024. >> i'm not worried because he has a great record to run on. polls will go up. polls will go down. what won't change are the facts. 12 million new jobs since he was elected president, which sis a record, historical record. >> reporter: republicans are ready to talk about the economy. rnc writing american paychecks are shrinking. communities are less safer in biden's america. why a republican nominee they say will beat biden in 2024. voters pick to what issues matter moist. white house not shying away from the economy, including at a event later today where they talk about small businesses. the president will criticize republican plans to rein in spending tied to the debt ceiling bill. stu. stuart: mark, thank you very much indeed. we'll see you later.
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2024 presidential hopeful vivek ramaswamy has a biology degree from harvard argued with nbc's chuck todd over gender. >> below the age of 18 i think perfectly say to not allow genital mutilation or puberty blockers. >> you call it that. how do you know. are you confident that defender is as binary as you're describing it? are you confident that it isn't a spectrum. >> i am. >> you know this as a scientist? >> well there is two x chromosomes, a woman, x and y. >> there is lot of scientific research out there that says gender is spectrum. >> chuck respectfully disagree. stuart: okay, males, females, that's it. joe concha with us. vivek ramaswamy throwing himself into the culture wars in this election campaign. do you think that is a wise move? >> has written successful books about it. culture wars worked well for governors like ron desantis in
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florida, former president trump, so why not? you see the contrast when a republican appears on "meet the press," compared to any democrat. republicans are debated by chuck todd. democrats are treated with kid gloves. ramaswamy is correct, like asking, hey what is the answer to one plus one? the answer is two of course. there are two genders period. chuck todd, next show, next week, show us what all non-male, northern female chromosomes look like on the gender spectrums he speaks of. the fact this was a topic on "meet the press" when we still have wages don't keep up with inflation, banks continue to fail, crime crisis we haven't seen since the '90s. student testing at 30-year low, chuck todd is focused on this topic with a republican presidential candidate this is not tim russert's "meet the press." stuart: that's true. cnn scott jennings, called out president biden after he joked about never taking questions
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from the press. >> for the journalists in the room he wasn't laughing with you. he was laughing at you. the reality i think he is mocking the press. the guons. he is up there joking about it. i just, they're clapping, laughing about it, i don't know. i think he owes, i'm pro reporter i think the president of the united states ought to talk to the reporters and not mock them. stuart: joe concha, that is interesting coming from cnn or a guy on cnn. >> refreshing right to have another perspective. everybody else on the panel, brought up donald trump for some reason when the focus was on biden, said at the dinner, wow this president is a lot like my presidency. speak up here for ten minutes. walk away without taking any questions cheerfully, right? the roar of laughter from that joke speaks volumes, stu. here the president mocks least successful most packaged president we've ever seen, it doesn't matter. ha-ha, take it. the press should be demanding
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much better. this president has done fewer press conferences in 40 years than any other president. yet to sit down with the editorial boards of "new york times," "washington post." no president has ever done that through this stage of his presidency. stuart: go through the campaign next year without sitting down with the editorial people at journal, "new york times," "washington post" and sitting down with serious journalists? do you think he can go all the way through without ever doing that? >> yeah. i think we saw last week, stu, he release as campaign video, right? when he is announcing his re-election. he did that because he doesn't have to take questions. so he could be as packaged, edited as much as possible by his people. yeah, he is going to try to run for the presidency pleading the fifth. answering as little questions as possible. he will get away with because the press doesn't demand better. stuart: what about the voters i want to know about? >> exactly. stuart: joe concha, as i like to say you're all right. see you soon.
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>> stu, have a good monday. stuart: we have comedian roy wood junior, he went after the mainstream media over his coverage of the biden document scandal. what did he say? lauren: he slammed the media how they reported the biden document scandal compared to the trump scandal. >> they jumped on the story, trump document story broke, everybody down to mar-a-lago, we're reporting from the documents. then we found them. then we found out joe biden had documents too. not a big deal. everybody has documents, mike pence has documents. look a chinese spy balloon. look at that? oh. [applause] stuart: that was funny. lauren: i told you i wish we could play it more. look when you have 80-year-old man begging us for four more years of work that is not a campaign slogan. that is a plea. he is begging. stuart: he was funny i love
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that. it has been 60 days since president biden said he would visit east palestine after the stocksic train derilement. residents are reporting illnesses. congressman bill johnson was heavily involved house leaders said they will raise the debt limit but senator chuck schumer says the bill is dead on arrival in the senate. ashiah hasnie has the full story next. ♪.
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$6 billion. more than the offer from the qatari bid, why is this impacting the stock they got bids? glazer family was hoping for more than that, 7 1/2 billion. the two bids came in short. stuart: okay. norwegian cruise. lauren: lifted annual profit, i told you about this why is the stock down. numbers were all good. occupancy doubled from last year for more wage norwegian up 5% but taking other cruise lines with it. stuart: etsy, the tchotkes place. lauren: place for people looking to sell the thing that they make. stuart: i didn't mean to be insulting. i really didn't. lauren: i was spelling it out a little bit clearer. stuart: thank you. lauren: the ceo, mr. josh silverman sold 20,000 shares at $99 each. he pocket ad two million dollars. that is not a good sign. why is the ceo selling the stock? stuart: at least we know about it. we know he sold. lauren: yes. stuart: we can act on that.
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we should act on that. lauren: disclosure. stuart: full disclosure, thank you. lauren. house republicans passed the bill to raise the debt limit. now it is the senate's term. ashiah hasnie on capitol hill right now. all eyes are on senator schumer what is he saying about the senate bill? >> reporter: good morning to you, stu the we know the another senator does not want to bring it to the floor. he has no plans to bring it to the floor. he wants to put it through committee to try to poke holes in this bill. democrats want to pass a clean debt ceiling. i can tell you it is unclear right now leader schumer has the votes to do that amongst his own party. right now house democrats and republicans are running ads slamming each other after the gop-controlled house passed a bill that would raise the debt ceiling by $1.5 trillion, or through march of 2024. democrats are attacking republicans on all of the
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spending cuts while republicans are attacking democrats for not voting with them to raise the debt limit. now majority leader chuck schumer says the house bill is dead on arrival. the senate has not passed any bill yet that would suspend or increase the debt limit. senator ted cruz senate republicans should unite behind the house, to put the pressure on the democrats. >> house republicans are showing leadership right now and senate republicans should stand shoulder to shoulder with the house, say, joe biden come to the table. other than joe manchin no democrat has any interest in passing this bill. i got to tell you, a simple practical reality, biden is saying, we must have a clean debt ceiling. kevin mccarthy cannot pass a clean debt ceiling in the house. the votes are not there. >> reporter: yeah, it's bit of a conundrum, stuart. growing number of democrats say the president should sit down with mccarthy. here is senator chris van hollen
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telling fox what the president's parameters are for a public meeting. >> so what the president is saying he is not going to negotiate with someone who is actually threatening the economy, taking the entire economy hostage. he will sit down with speaker mccarthy to talk about these issues in the framework of the budget and the appropriations process. >> reporter: we know at least it won't happen this week. speaker mccarthy is in israel right now. he just addressed the knesset. we will be keeping watchful eye on him, to see if he talks about the fight happening back here at home. stuart: thank you. senator bernie sanders warrants congress to start negotiating over government spending. he says keep it separate from the debt ceiling battle. separate them out. congressman bill johnson, republican from ohio joins me now. congressman, what do you think about separating it out? work on the debt ceiling, fine, negotiate on spending? >> look, stuart, the last eight
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major reforms in budgeting and appropriating in washington came about as a result of negotiating over the debt limit. republicans is done their job. we are negotiating. we are talking about spending. we're not only talking about spending, we're talking about how to save taxpayer dollars and how to grow the economy. we've given the democrats, we've given chuck schumer and bernie sanders, we've given them a framework to work with. let's come to the table and let's do the right thing for the american people. stuart: but are the republicans united in the house? i noticed that four of them voted against speaker mccarthy's bill. you can't go forward unless you're really united. >> well i think the reason that you saw some people vote against it because for some, even what we've done is not enough and i can certainly empathize with that. there is so much that we need to
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do to curve the spending curve in the opposite direction. the proof is in the pudding. i think the fact that kevin mccarthy got this passed in the house demonstrates that republicans can and we did. stuart: it's been three months now since the train derailment in east palestine. one resident still experiencing illnesses. congressman, listen for a second. roll that tape. >> a lot is constant stomach pain. feel like stabbing in my stomach. i've had shortness of breath. i've tried to go to the hospital a few times because of it. and they're telling me that i don't meet criteria. i didn't know if it was a chemical burn or if it was from the dioxins, why it is only on the one side of my face and not the other. stuart: congressman, i believe you have asked the president to come to east palestine and see it. has he responded? >> no the president has not been
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there, stuart. i've been on the ground. was for several weeks during the first few weeks after the derailment. i'm constantly there. i will be there again this week, next week. i'm going to be having the epa administrator, michael regan in front of my subcommittee talking about the epa's budget. i will get an update from him at that point. look, we're not going to take any claims or any concerns about health implications, we're not going to diminish those or take those for granted. we're going to address each and everyone of them. i told the people of east palestine from the very beginning, this is not over until they say that it is over. i'm grateful that they have a health clinic, a free head clinic under the department of ohio health, local health authorities. if miss miller has a health concern i urge her to go to that clinic. she will not be charged.
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stuart: got it. congressman bill johnson, thanks very much for joining us, sir, much appreciated. see you later. hunter biden appeared in court this morning. he wants to lower his child support payments. why is the president of the united states refusing to acknowledge hunter's four-year-old daughter, the president's granddaughter? why will he not acknowledge her? we'll be back. ♪.
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when she was in the hospital, she didn't tell me, actually, she couldn't speak at the time, but she wrote it down... "go see alicia." oh, my goodness. you know, and there was never a time that you were too busy. there was never a time you said i'll call you back, you know. i needed to be there to carry you through, just like, you know, some of my friends carried me through. stuart: dow industrials up 90. nasdaq composite down 17. not much price movement. now this. congressman jim jordan is investigating the federal government's role in private companies censoring speech, big deal. grady trimble on capitol hill.
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what is jordan doing? >> reporter: stu, he is issuing subpoenas to the centers for disease control and two other federal government agencies and what he wants is communications between those government agencies and private companies, specifically big tech companies discussing content moderation. to be clear, in his request for documents house judiciary chair jim jordan isn't making any specific allegations against cdc director rochelle with lonski, or two other agencies part of the state department and homeland security but he points out the twitter files reporting revealed a close relationship between the social media company and the federal government and now he wants to find out if the cdc, for example, played a role in taking down tweets about covid. >> this is suppression of anyone who disagreed with what fauci and the government were saying for the last 2 1/2 years that is the kind of stuff that is not supposed to to happen in a
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country where you have a first amendment, free speech, freedom of the press. that is not supposed to happen but was going on. that is what we want to talk to the cdc about, and get information from them. >> reporter: the cdc just got back to us telling us they do not censor americans. dhs tells us the department of homeland security does not censor speech either and does not request content be taken down by social media companies. since republicans took control of the house they made it a focus to investigate what they called the weaponization of the federal government especially as it pertains to the past couple of years during covid, stu. this subpoena or these subpoenas are just the latest example. stu? stuart: got it. grady, thanks very much indeed. i want to promo, promote that is, my own show, tonight a new episode of "american built." i got a preview for you. here is the spacex shuttle. roll it. ambitions and bigger challenge. >> you have one shot at the
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runway. stuart: triumph. tragedy. and tenacity. >> no other machine in the world could do that. stuart: how they built the first reusable spaceship. >> a million things had to go right every single time. stuart: the space shuttle. tune in tonight, 9:00 p.m. eastern only on fox business prime. "american built." a new government report just relievessed on the surge in airline cancellations. ouch. who is the government blaming? lauren: not the weather. stuart: i knew it. lauren: congressional investigators found rise in canceled flights mostly due to factors that the airlines have control over. in late 2021 budget carriers, low fare carriers, a liege a liege ant, jetblue, frontier, blamed 60% of their cancellations. delta, united, saw 60% of cancellations. staffing shortages, despite
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congress providing $54 billion to retain employees during the pandemic? they report it takes a lot longer for the airlines to recover after an event, weather or something else. takes them longer to get on track. stuart: i wonder if transportation secretary pete buttigieg mentioned? lauren:mia. stuart: coming up, new study prefers bedside manner of a a.i. chat bot over their conventional doctor. i wonder how doc siegel will feel about that. mysterious chaster of brain infections in children in nevada. number of cases have tripled over the last year. doc siegel is her to tell us about it next 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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and offers high-quality municipal bonds from across the country. they provide the potential for regular income... are federally tax-free... and have historically low risk. call today to request your free bond guide. 1-800-217-3217. that's 1-800-217-3217. stuart: pennsylvania is about to become the first state to require insurance coverage of 3d mammograms at no cost to women. gerri willis is here. personal story for you. >> it is, yes. stuart: what else will be at no cost? >> mris, ultrasounds but for women who are predisposed to cancer. let me explain. so governor josh shapiro today expected to sign into law a bill that would allow these tests that are expensive for women, forgo them because of the costs. now we'll find that these 3d
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mammograms will be free-for-all women and that's not all. mris, ultrasound, genetic testing, as well as counseling will be covered by insurance companies for everybody considered high-risk according terms of the bill. this is not first in the nation. this was created by breast cancer survivor, senate president, kim ward, listen. >> 14,000 women a year are newly diagnosed in pennsylvania. i'm sure the statistics are same nationally in each individual state. this helps women and families. >> breast cancer is the most common cancer diagnosed among women in the u.s. according to the american cancer society. one in eight women will develop breast cancer sometime in their lifetime. i feel like i say that every year. three years ago it was ward's turn. she was voted to serve as pennsylvania senate majority leader. two weeks later she was diagnosed with stage one breast cancer. ward was denied coverage for an
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mri and genetic testing by her insurer, even though she had a history, family history of breast cancer. listen. >> had i known had a braca gene, for example, i would have had that mastectomy years ago, maybe never had chemo or lumpectomy. >> ward hopes the bill will prevent women in the state experiencing a similar frustrating situation that other states will jump on board. stuart: you expect it to spread to other states? >> i do. i think thrill with be a lot of pressure. i want to explain about ward for a second because she did have a family history. it was her grandmother who had it, made her ineligible. stuart: too far removed. gerri, thank you very much. >> you're welcome. stuart: the cdc is investigating the rise of a rare and potentially deadly brain abscesses among children living in nevada. cases have surged 240% in the last year. doc siegel is with me now.
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tell me more about this, doctor. is it life threatening? >> yes. brain abscess is definitely life-threatening, stuart. actually very small percentage of cases of sinus infections or earaches with strep can lead to this we're seeing a lott more earaches and strep. we have the epdeem poll it on the ground there, this is a excellent service cdc has that investigates. disease detectives. she is concerned it is from the shutdowns and lockdowns from the pandemic where kids and teens weren't exposed to strep, were not exposed to this particular bacteria. and now we're seeing many more cases. now it is only in nevada we're seeing it which is a cluster but dr. penny thinks it is probably across the country, that we just have not picked it up yet. could also be with the hyper focus on covid we didn't pay enough attention to this. i'm concern about that.
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there has always been strep, these kind of infections, stuart, very important to diagnose them early, to treat them, so the brain abscesses don't happen. stuart: this one we picked out especially for you, doctor. a new study finds 80% people referred a chatbots, a chatbot's medical response over their conventional doctor. dr. siegel does a.i. have better bedside manners than you? >> i certainly hope not. i will ask for you to judge that. i think it is more of an indictment the fact when a doctor is staring at a computer screen, busy documenting, and doesn't answer a patient's questions, doesn't meet them where they live, i like to say, they may feel the patient there is empathy. stuart, there is no way that a chatgpt outdoes a dr.. that is a disgrace to the doctor. there is no way to say future a.i. in the doctor's office, a
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robot will talk to you that will not happen. a.i. is a tool, to help us get through the right answers quicker and for patients but the doctor needs to be at the helm much like when a plane is landing, you want a pilot there, not a computer. stuart: are you using a.i. in your practice at this moment? >> i am not but the medical center is starting to in a very exciting way. they're starting to, i talked to miriam from harvard, there is a lot going on from harvard. they're diagnosing lung cancer very early using a.i. called sybil, which is a new invention that's terrific and she said you can use a.i. to look at cat scans in different ways than you would normally look at them. you're looking at a liver. instead you look inside of a bone. we can use artificial intelligence to reinvestigate things. i think for radiology, cardiology, it is terrific. it will not be there to answer a patient's questions. i reject that. don't go home to call chatgpt.
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get another doctor. i'm in the empathy league up with stuart varney. stuart: you're great. your bedside manner is fantastic. doc siegel. that is a vote of confidence. thank you very much. see you soon. >> thank you, stuart. stuart: lauren is back, related story. what is it about a new covid strain causing pinkeye? lauren: it is called actoris, it might cause pinkeye but it is also baddergy season. why are my eyes itchy? maybe it is covid? the los angeles public health department don't dismiss signs of traditional allergies asalergies it could be covid. watch out. cdc will stop tracking communities, but track hospitalization numbers instead. why on this one? public health emergency ends. they are not getting as much information. stuart: here is what is on tap. miranda devine on biden not
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recognizing his four-year-old granddaughter. michael petrunk, post brothers, turning office space into residential units. 11:00 hour of "varney & company" is next. ♪ ♪ ♪ the biggest ideas inspire new ones. 30 years ago, state street created an etf that inspired the world to invest differently. it still does. what can you do with spy? ♪ ♪
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