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tv   Varney Company  FOX Business  May 2, 2023 10:00am-11:00am EDT

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♪ ♪ ♪ ♪ sue and good morning everyone and is 10:00 o'clock eastern going to get straight to the money because money is moving this morning, the dow industrial average in the of businesses down 150-point, that is just
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.4 percent okay in the nasdaq that is down one quarter of 1 percent, down 32 points and ten year treasury yield, when we have their coming it is moving down to 353 at this moment in our masters change with big point, described linkable to $20000 per point, 20000, and 60 bucks and tenement, almost every other numbers here on the job openings, this is the jewel to report an instant important think about what's the number lower. >> number felt more than expected, 9.59 million jobs open on the last day of march in a steeper than expected fall in the report for april of course comes out this week and the number is also expected to follow sequence of 9.59 million jobs. lauren: nearly seasonally people are unemployed there's jobs for the mid- 90s many this could be higher costs and interest rates on the market.
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stuart: and fortunately we have professor brian with us this morning and he knows a thing or two about economics of 9.59 million jobs going, what is that tell you about the economy. guest: the numerous come down gently over time and tells me this economy is slowing. the companies are getting more concerned about hiring and they're not opening as many jobs and i think that it's consistent with a slowing economy narrative which the fed of course wants to see because they want to bring inflation down river everybody else, it is not the greatest new story want to buy the and i do not want to see this number come down and that is the situation you get with a high inflation economy in the fed having to turn this around. stuart: so your interpretation is the economy is slowing. guest: all signals are finding that c1 brian stay with me for the are pleased about this, jeffrey hinton has been working on thinking machines for 60 yea. stuart: is considered the godfather of artificial intelligence and this week, he
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resigned from google, where he had been a leader in a i and he said, it is hard to see you can prevent the bad actors from using it for bad things. and coming hinton, the warning carries a lot of weight, he's an important guide and okay, but what are we going to do about it. in march, 1000 technology leaders signed a letter calling for a six-month pause and development okay, but how did you get everyone to agree on a pause and there is no way of knowing what companies and countries are doing in secret predict to china russia for anybody else, not to take advantage a pause opens the doors, to rogue actors and like it or not to come over in to develop this exciting and dangerous technology and it just like the race to build an atomic bomb, get the first, is if you don't, you lose. microsoft and google play day art development, elon musk is running a contest with his own ar project. i think that is great you may be
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on an unpopular for saying this but with something is important, when our side, the wind. and second our of varney & company, is just getting started. personally brian is still with us okay, when you think, i want no pause and what competition i don't want to win and one american companies to win a i am what you say. guest: you want capitalism. stuart: yesterday. guest: here's a problem going on for mixing socialism they i that is the worst path we can go down the number one, because the government controls in and i do not trust the government to use it will address the government to suppress what is happening in our world with a i number two, if a i will take the jobs, we grow we need economy that is roaring so the people lose jobs to ai, can find new opportunities and that's
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according socialism so i'm with you, let's grow the scope of let's not the hands of government that cannot handle it. stuart: god, had a crisis, not quite sure how to put it may be not really crisis. guest: i do thank you so a crisis. stuart: will in this crisis on the big next gotten bigger and will probably get bigger and is that a bad thing. guest: i don't have a problem people getting bigger but i have a problem with various the reason this by j.p. morgan is getting bigger today because the government printed money and forcing the fed to hike the rates hello, there was bad management and first republican but they fail because of government failure to start so jp morgan got bigger gifted to turn give from this was a sweet deal for him and big guarantees for the government to take over competitor and competitor government would never a pleasant him take over right under three years ago i don't have a problem may, in government made big is a problem
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that's was having her. stuart: stick with us because we allow to. enright, lauren is back and i want to know, jamie diamond, how did he win for first republic. lauren: i don't have all of the details but he did when the government auction calm that went into the wee hours of the morning on monday, and he would $92 billion in new deposits but guess what jp morgan the controlling 16 percent of all of the deposits in the u.s. and so it is way too big to fail right now, jimmy diamond is a savior, he's industry leader again in times of turmoil and remember vatican 2008, he but it serves in washington mutual, that he has regrets and some affect, but this deal, it is a lot less complex and he gets a leg up wealth management in silicon valley names to watch the two women in charge of absorbing first republic, marion mike and jennifer keep stock. there being considered, his
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parents one of them could eventually replace jimmy diamond a. stuart: that is on the makes of god that it your shaking your it. guest: i'm not calling him a savior. he is buying, he is not selling any as smart but he is not a savior, he's just getting in again where he saw a failure created an opportunity. lauren: apparently pretty can do have to be executives of the steel to figure out the best way to get it and went to ask for from the government to make a safe and that's what i read. stuart: they brought an 800 people. lauren: i thought that number was crazy so that's why i'm saying it and a lot of analysis to get the deal. guest: not a great deal. stuart: going to go back to aif that's okay, scott is with me this morning at ibm said that they will pause hiring for jobs they believe will be taken over by eight in the the coming years and how about that. pausing the higher reading and if they are down the road can do that job and people come is
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because people won't come back to the office. they are wasting an opportunity fight not going to the office they i will take them over. guest: yes, full story think so. to some degree night said this for probably two years after the enemy, be careful what you wish for little jimmy, this at home moms couch in the basement of these wages are not going to go up forever and started with mcdonald's and i don't know we have three mcdonald's around the country that are 100 percent automated see you might have waited a little bit too long to go back and get the job and make your imprint on this well because a lot of those things are thereby totally automated worse when the itself ever everybody likes thinking a lot about this, everybody is debating about what artificial intelligence can do brief and there is some speculation up there about that and there's only one thing that i think we can all agree on, his 20-foot people out of work right into the fact, the summer coming down
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jolts, and i'm sure is economy going people getting put out a book remember we are stopping covered 500 advertising for jobs that they think they can get done with artificial intelligence without number released arts because hey we can focus talk up to artificial intelligence machining these basic things dennis of i think that if you are waiting for your opportunity little johnny and moms couch in the basement, you might have overstepped her bounds here and waited a little bit too long because i think that the strength has left the station and you might've missed your chance to make a mark of this will because will, that is what what we are facing with his people not wanting to go back to work i don't believe there's a ton of pandemic many other related relief we've created the whole ecosystem of people to think i'm going to get universal basic income and something else from the government and i think they artificial intelligence is going to really one thing we can all agree on, that's going to take care of that problem. stuart: that's why scott is on the show every week he's an original thinker read the skies are in short supply and scott
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thank you very much indeed and i caught that you are an original thinker all of you just like scott and i cannot move without putting my foot in it for recover yourself lauren talk to me about movers like dupont. lauren: looking to go down, materials and chemical comedy cut their forecast say there's way too much weakness in electronics and industrial business top intersect on is a gun at half percent and also buying a specialty medical device maker and typically, the person who that the company device the company from the stock price goes down the who didn't purchase goes up. stuart: the dow is down to 60 blackberry cybersecurity problem. lauren: i always think about bye-bye blackberry that i did not want to give up until he finally had transition because the keys were proven they're going to consider the possibility of separating the businesses as part of a strategic review of the stock is a pipe. stuart: i really like marriott's report this morning of the hotel company because they are doing well. lauren: will china rebounded and that happen they lifted their full year outlook in the stock
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is up 4 percent of the sales process 34 percent in the key metric of revenue per available room, expecting to grow between ten and 13 percent of the year and so that is much higher than first thought. stuart: you should see the casino companies this morning, i began, is really taking off huge gain and visitors. lauren: five day china will enable do it. stuart: president biden it just we not massive natural gas project in alaska climate activist apparently are not happy. lauren: there's nothing they can do about it is 39 billion-dollar project thousand jobs created to take liquefied natural gas to asia specifically japan and if underwent all environmental reviews, overhears and it it actually had everything the federal and state permits. that is a reason it is happening even though the claimant people are against it in fact, the i'm going to blow your socks off others is one group that wants to stop use the word natural gas because natural implies that it
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comes from nature printed you need to collect fossil gas because it is bad so you need it fossil gas pipeline. guest: control the language, so you can control the narrative and is just so obvious what is going on here speaking of liquefied fossil gas. guest: one of the color evil fossil gas be doing what. stuart: will are you surprised, recent price and not given the green night and going out. guest: i think the majority of this project was approved under trump in 2020, biden said they were going to put a few more restrictions on it from an environmental standpoint and then will pass it through. summa because the size of it and originally, they wanted five platforms. guest: talk about the will of project will talk about the natural gas pipeline is a couple going on there. stuart: i stand can completely corrected. guest: will they are related sue my point is is you getting pipeline because trump ministration, not biden and it
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was invited said we appointment restrictions on it gives you your just know who you're thinking coming happy we are developing fossil fuels, you're not thinking biden on this. lauren: but is also that the white house knows that we need fossil fuels for years as we transition and they admitted it right this is happening. guest: a little reality recognition just alluded thank you prevention i appreciate that. stuart: treasury officials from 27 states really scheming letter to the president, they call his new mortgage policy a disaster. when i looked the rules are in effect, anything can be done to stop it. ron it, support of the is a chinese navy continues to harass them under the military bye-bye to be tough on china, and freedom next and 90000 illegal migrants, 90000 across our border the south had entered an biden might send 1500 troops to the border and here is the story
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stuart: there we have it, we have to other regional banks, been halted because of volatility in their trading in fact will spank called western alliance, both of them, they have been halted. there speculation and i would speculate that maybe this is got something to do with arresting the slide in bank stocks and maybe some kind of a merger or government or authority section to halt the slide. we'll keep you up-to-date with an end by the way the dow industrial is no 280 points
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probably because in part, because of this news from the banking industry now we just have this coming out of here as well as the president has approved the use of active-duty troops from our southern border and perhaps he is expecting a new search with title 42 is lifted next week in griffith jenkins the border tell me more about all of this place. guest: good morning stuart and listen more troops are welcome thing here, on the border with things are spiraling out of control and you see from our verona there, mark migrants on the bus here in brownsville texas and literally as i am talking to you more buses rolling in to love them up in this sector of loan, in brownsville stuart from appointment 2800 migrants in the last 24 hours know this in the pentagon will be an administrative transport roll, not on the border like in texas national guard are coming hundred governor everett operation * but it's an indicative sign that the administration is meeting stuart coming in my view, that there is
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a problem not only coming, but there's already a massive surge that is arrived in our images are showing you that this is can't monument that you were looking at in the ground zero the crisis already here eight days before title 42, is lifted pretty that is why when you people like white house spokeswoman saint from the podium from that illegal immigration is down 90 percent coming he really confuses people because not sure what the definition of illegal immigration is pretty please migrants in this rep, crossing from exit cal, illegally u.s. brownsville texas, are illegally in the country. and we are on pace to break last year's records in the white house they have got to figure out what to do and so this is perhaps a good sign that they're going to be doing more. for the locals like myra florez formal congresswoman is outraged at what mallorca's is doing about it take a listen. >> will secretary's claims we
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need legislative especially to the main problem here right now and ron still cities only to enforce the laws we already have the books and we have lost, why is he not enforcing company needs to be held accountable. guest: and particularly when she talks about law, you're talking about with migrants to come illegally across the border, but would be sent back to their home countries, that is what the people want to do this the only thing. people from coming in meanwhile, we know your less than two weeks were likely to have 10000 plus crossing into numbers that will pale in comparison to what we see right here stuart. stuart: thank you and wondering in former dhs secretary acting dhs secretary chad wolf, 1500 active-duty troops to border, is a brand-new policy. guest: is already policy and i would say, they you know welcome president biden, to the crisis of the border. i'm not sure why he did not take
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this action, a year and half - two years ago frankly the borders been prices for some time then known the title 42 is going to be lifted on the 11 11th, i'm not sure they do not have any more companies and robust plan in place at the end of the day, at the end of the day, griffith jenkins is right we need to remove individuals from this country removals on the biden administration are at an all-time low in the cartels know this and the smugglers this and that is why you continue to see these images of individuals streaming across the border and numbers that we have never seen before because they know that it will likely remain here in the united states and that is the endgame for many of these individual. stuart: we don't know what these troops will be used for, here's the key people out running and be process people more efficiently so that even more coming to marino. guest: i think we do know, i was part of sending a number of
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national guard troops down to the border the biden administration we use them to process more individuals will be driving buses, and the redoing process jobs more than anything else but this is a strategy the strategy the secretary mallorca's laid out last week talks about processing more and more of these individuals in. opening process of herself of the borders, growing more individuals into the country and again, that is not going to solve the problem. you have got to address the illegal activity the behavior into make a noticeable difference you gotta change policy on that border that's with are not doing. we are touring more resources at the issue but they are not changing policy at that is with the crisis stemming from a poor policies that have been in place for 27 months now. stuart: in my opinion this administration is facilitating him of the mess gratian of central america, north america 530 seconds left and i am going to far. guest: no, there's no doubt about that, when you see over
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200,000 individuals coming into this country, illegally and 30 day time, month after month after month for 26 or 27 months, that's was going on at the end of day again we've never seen the border crisis likely see it today and we have not seen it in administration take less action then we are seeing from the biden administration. stuart: chapel thank you for being here appreciate it and the governor of texas greg abbott started pressing micro soup democrat run cities again ashley webster is back with us this morning and the mayors of the cities which are getting his progress, how they are reacting. guest: not well stuart him good morning and for instance, outgoing chicago mayor lori foot is demeaning texas top busing of migrants diversity saying that nearly all of the migrants are being in dire need of food, water and clothing company needed an extensive care. none of these urgent needs are interested in texas she said, and said these individuals and families were back on the buses
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and shipped across the country like rate and without regard to the personal circumstances in new york mayor eric adams percent for their attacking texas governor greg advised by saying, it is also impossible to ignore the fact that abbott is no having five cities one by black mayors and proclaiming habit is using this crisis to hurt block run cities and other cities would be, new york, los angeles, washington dc, denver and chicago. by the way, how hard would call themselves, sanctuary cities pretty. stuart: precisely, sanctuary cities hearing sanctuary initially can entered congratulations doing so well just the other day c5 of thank you. stuart: will i digress and see you later ashley. the white house is investigating how companies are using a i technology to monitor and manage their employees treated most americans do not think the government should get involved
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and kelly o'grady has the story right after this. hi, i'm katie. i live in flagstaff, arizona. i'm an older student.
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stuart: i thinkable of the banks it has something to do with trouble for industrials, down to the nasdaq was down 116 this moment, pack west and western of i have some home street, zions bank, they are all way way down those original banks socks and a great deal of pressure. >> confidence in the banks the cost of rising interest rates, 97 percent chance and that the fed hikes again, tomorrow c1 that's where we have the market selloff in this why because will these regional banks some of them have been halted for training. guest: because it is about to until friday for some of those games thus the question. stuart: good question other members on this market, start with halliburton please. guest: oil and energy are down specifically and this is the slowing economy and this is another interest rate hike likely coming tomorrow oils at the lowest. stuart: victoria's secret. guest: barclays down and
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downgraded to equal and they say their internal tracking shows there promotions are running at similar levels for the past quarter which was also good and consumers across all income brackets are pulling back and so discretionary spending, full back on the luxuries including victoria's secret. stuart: i bet nothing causes selling a lot of light beer because of bud light is down 26 percent in sales. guest: that is 100 percent the story, and quarterly numbers were pretty good, adjusted profit is up more than 80 percent and shares hitting new highs today in south excellent news in a down market. stuart: bod fight sales are down 26 percent it cannot believe it. guest: last week of april versus last year because of the controversy with dylan mulvaney. stuart: let's talk about something serious, the white house is investigating how companies are using a i technology to monitor their employees kelly o'grady has the story of the folks feel about the government getting involved with ai. guest: not great stuart, there's
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not a lot of confidence amongst americans of her contacts also with you the results from a new "fox news" poll on how americans feel about ai. it's a a 46 percent indicate that aid in the areas that and those that are familiar with attack on the deerfield more favorable but even so, it is fairly split there is one thing that they agree on from over 35 percent do think it's important for the government to regulate the space but unfortunately, there's not much confidence in the government's ability to successfully himself and you can see the more than half of all voters have got much or no faith in their ability and that's a year that many of that washington does not understand the technology and up to regulate it and you look at what is habited with like crypto currency in social media, washington has been very reactive versus proactive it nonetheless like imaging of the white house is focused on regulating ai and this new push seeking to understand how ai and automation used are used to surveillance evaluate the workers at partly simpson with concern the companies will
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eliminate entire groups of jobs in the name of efficiency for example you mentioned in underserved ligament justice survey ibm co2 bloomberg they expect about hiring finance make 7800 jobs could be replaced by a that equates to 30 percent of the noncustomer facing roles that would happen within the next five years or so so the story about the concern of jobs and warnings to the leaders who counted ai companies themselves, gives context to the poll numbers assure the growing ai anxiety amongst the americans and i'll send it back to you. stuart: i could use more job security and the ai era. you know how it goes thank you good stuff and with us this morning i want you to join an ongoing debate shall start with my opinion, i think that you can pause the development of ai because of you positive, some people want to positively radio the guys operating in secret what you sow this. guest: you cannot pause on ai
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and what is happening in the ai front is a fact you coming to racing and they are using data there were different out of data is appointed get things to an accuracy of for example of his 99 percent accurate of physically you go see the physician, it would park pretty okay but if it's a soft supporter helped us kind of situation we are 83 percent accurate you'll say will that sentiment and so is going to get smarter and smarter over time. stuart: will microsoft versus google and many delayed entry entry of elon musk, that is where ai stands at this moment and i coached that competition c5 that will be a big competition microsoft versus google and microsoft is kind of the beginning of the year basically set up an alarm is that we will attack google go after their ai practice and that's what's been going on and microsoft has the data in the network and the engineers and google has a same thing with the problem that google don't have the organizational structure there so decentralizing of the create this new division of a network that is where companies have lots of compute power and did these are american
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companies. stuart: you are out tech guys a look towards thursday afternoon at 4:00 o'clock eastern time and apple reports his earnings and will ai have anything to do with apple. guest: will apple is been using ai a lot especially the phones and especially in terms of their services in terms of action putting up their ability to do recommendations and so plays a roll but the couple will sizing either way google or microsoft another companies out. stuart: voice sometimes i get a phone search nowadays i search being, because mom microsoft stockholder notice willingness questions gradually the voice to text improve as if it is learning from me. guest: is learning rapidly from you and psych series on the ambleside recommendations are popping up you'll also notice sometimes like your voice to text improves over time google has done that for a very long time as well that didn't interest is british english canadian english and american english and he can get to the level of detail because people have been using this free services training the systems
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for quite some time. stuart: not scared of it but i just want make sure they win and thank you so much for joining us right wang scientists are developing a new system i could soon turn people's thoughts into text oh oh and he actually, can you remind mind. guest: is scary and scientists have developed a noninvasive ai system. stuart: is focus on translating as you say persons brain activity into a stream of texting and know the system is called a semantic decoder can ultimately help the patients who have lost their ability to physically communicate after suffering from a stroke or other degenerative diseases from the system requires no surgical that's right patients listen to hours of podcasts for example is their brain waves are scanned and one car system is train coming can generate a stream of
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tax which is not an exact transcript but again capture general thoughts and it's remarkable we can only be used inside of the lab he is a big mri machine but the scientist called the technology, a huge leap over and it is kind of exciting a stressful especially for those who cannot communicate. guest: yes. stuart: professor is still with me, what you make of this. guest: i would love to know your thoughts right now. stuart: heaven for bid that happens and we could really know what some of the else's thinking, that's awful. guest: i love it for the application that ashley said, but imagine if somebody wants to know what you are thinking because they want to you know hold you accountable for it or prosecute you for it, and you refuse to speak and is able, you cannot refuse because were going to hook you right up and figured out pretty okay the thoughts of police and the idea of thought police, this literally possible with this technology that
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concerns me. stuart: now i am scared. guest: my thoughts are dangerous. guest: openers are, shut your mouth, so you have about to shut. stuart: self sensor is a good thing sometimes and escape celebrities, will they flocked to new york city for the gala last night and in these are just super rich liberals and virtual save under signaling wonder if he agrees with me is on the show later new had to deal with fight descriptions for the last year, yes you have and the government blames the a lot of airlines and jackpot reports after this. ♪ ♪ ♪ ♪
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stuart: you are one of the world's biggest goat milk -based skincare companies i know you are private, would you tell me your gross revenues. guest: bola revenues a retailer north of 100 million. stuart: well well well wait a minute, i did not know that coming north of 100 million c5 yes at retail. stuart: in your very much all made in america. guest: that's right and oliver formulations are made here in america we consider that really important to because as i say, kindness the pillar of our company and kindness mean supporting your community. stuart: okay, there was a ceo of beekman 1802 and care products, entering the program yesterday, made a big point of it read in the company made a rotting gross revenues more than hundred hours, just don't milk and who
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knew, you can get a hundred million out of google what he did a good luck and other similar government blames the airlines for the search have cancellations across the country, thus bringing joe, actually the philadelphia international airport right there, and are they going to be fixed by the summer job. guest: oh well i think it is possible and you know if you look at the latest cancellation numbers, at least not been just after about you can ask gao to look at the cancellation house and say, hey was this weather like van nuys say is that you know, the problem with the infrastructure and hiring an old back in the program, will well, it is them. stuart: i'm terribly sorry folks would obviously we have an audio problem there was jeff clark the other in pennsylvania will try to corrected and get back to him
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later and adjustable i just want to bring in this thing about space x federal aviation administration is facing a lawsuit over his dealings with space x think this could be about the explosion, space x and is that right ashley. guest: you are right of the money, five environmental groups are suing the faa and claiming he broke federal laws when it allowed space x to launch the largest rocket ever built from his texas facility without a comprehensive environmental you and i'll space a super hat as we know, they blew up the launchpad and in pieces of concreted middle she's thousands of feet away and elemental years found miles from the launch site which started three and half acre fire on state parklands pretty know the plaintiffs coming with the faa, to revoke the launch since the previously issued to space x and require an environmental impact study before issuing
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another one in space x ceo elon musk is said is this past weekend to his knowledge, there has been no meaningful damage to the environment and that suit has been filed. stuart: thank you this market, because we are down sharply from at least the dow jones industrial average effect on across-the-board we are down very shortly. initially the regional place because that is the source of the problem and look at them are down, keycorp westerlies and science america, all down double-digit percentage wise, ryan with us for the hour, these regional banks, a lack of confidence in the regional banks c5 big time. stuart: does is make a difference for the federal reserve tomorrow whether there is nothing raise raise. guest: another, the fast. they are looking at data that is much older than this to make a decision associated affect them, will golly i think the economy is pretty severe in this the problem with the regional banks pretty welcome they will move 25 basis points tomorrow. stuart: that's why the downtown.
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guest: that's insight interest whites integrate to the highest level since the financial crisis and deja group moments for the federal reserve tomorrow. summa the market is rate underway down and the banks are the problem again and x case from the administration is citing whether or not he wants o send 1500 active-duty troops to the border before title 42 is lifted next week and brian kelly, this is a brand-new development, and brian kelly, he takes on next. - double check that. eh, pretty good! (whistles) yeek. not cryin', are ya? let's tighten that. (fabric ripping) ooh. - wait, wh- wh- what was that? - huh? what, that? no, don't worry about that. here we go. - asking the right question can greatly impact your future. - are, are you qualified to do this? - what? - especially when it comes to your finances. - yeehaw! - do you have a question? - are you a certified financial planner™? - yes. 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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ability to fight them may occur. tell your doctor if you have an infection or symptoms, had a vaccine or plan to or if ibd symptoms develop or worsen. i move so much better because of cosentyx. ask your rheumatologist about cosentyx. stuart: would you look at this, he looks like finance and the backing system is not entirely restore, the dow is down forfeiting the nasdaq is down 50, i, look at the regional banks, they are in trouble all over again in the first quarter this year, these regional banks most of them had a very significant outflow of funds, and the biggest upload shows the stock market declines now. that is what is upset market, more trouble with those regional banks pretty rated is 1051 and you know what that means, it is time for the man in the right-hand side of the screen, replacing me, brian right there, and the administration is deciding whether or not to send 1500 active troops to the border
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before title 42 groups next week and is a panic mover the last minute. guest: @pretty sure you cannot unleash the army in our country and has to be national guardsmen it would assume and so this is panic voters assure you, they say when those patients were stuck on the bridge for all of the states, he became a story and only fox but every other network took all of the reporters scurried down there and this is gotta be that time ten and you'll see all of these people coming across their already there and surging under 12 and 14000 and they come there already have the plaintiff place and is the fourth time, for title 42 will be lifted and that was held off now it is for good and there put title viii if i sleep don't go has a promise ring columbia likely to lead digit in order for people to apply their and so their plan is not even place nor is it effective in the mexican government to start to build in they are not cooperating. if underway to not let the whole
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border buckle. that is what it's going to have it and right now operational sorry texas is keeping everything together as a border patrol is overwhelm of the same thing in arizona with the private sheriff's, they're doing things giving up on doing what must after the supposed be doing a going to the federal government and this is terrible. the vice president is on it but whoops i forgot, she's not into doing it, not even seen countries to say control your population you lose your aid. stuart: that was sarcasm brian but it was well taken in a good point as well and changes have become you see this, novak joke big play this year's u.s. open headed to the vaccine mandate on international travelers and i would say brian, that it's about time. guest: entrance fee five okay will be safe if the great players when interviewed for me, there's putting around the side of the court, not vaccinated
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happen to possibly go there to pay $22 for hotdog and sand in the stands at 110-degree weather and watch some, this is been an embarrassment to our country in a reason for him to be denied and all of these other tournaments last years and went out in california as well and this just shows you that it is a laziness to live something people coming in here unvaccinated anyway with tennis champions have to stand listen, governor desantis was serious, he said go to the caribbean island and i'll pick you up and about and i'll bring you here and you get to stay only drop me and give you read it and we can get your front of have done this policy as but maybe title 42-point and thing in the u.s. open, maybe things are getting back to normal sort. stuart: dream armies were not there yet to bring in the professor brian brumberg into this discussion and when you think about novak djokovic.
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guest: let's be clear, nobody was really her by him not getting to play the tennis match at the end of the day, but at the same thing hundred thinking we kept our kids out of schools to adverse muscular on the ball and all the folks are making the dumb policy, we are still in charge. stuart: that was a dumb policy. guest: it was so stupid one can only hope the emerging public said that you know what, within through that c- this number do this again. stuart: authors next time around and is a serious virus, the plague or something with the death rate of 50 percent, what will we do that selectively trusses guys does anybody save to the cdc, whatever you say or believe it but he does that and for reasonable reasons, because they've got it so wrong and they persisted in getting it wrong. stuart: your right in the dow is down five and appoints we have your viewpoint and then i think you for being with us for the hard thank you and will watch
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you make money show, that is p.m., on foxbusiness still ahead, kevin o'leary is talking about the real estate market and the problems in his plans to build a refinery read and freedom talking about bidens commitment to the philippines, and tension with china and then there's jimmy on the net gala, cannot wait for that. not a current varney is next. >> ♪ ♪ ♪ stuart: a plane gordon lightfoot early morning rain any passed away, at the age of 84. i love that by singing of the clarity of the sound that he always produced. that is 84.
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>> debate is the debt ceiling looking at first republic this week. that's a dis direct result of te federal reserve policy and every rate hike the federal reserve does, that puts more push on banks and if they keep it up, there's more trouble out of the banking system. >> we need to focus on earning and show apple how well the consumer is doing and i can't think of a better ride or die stock than apple. >> i'm a great believe

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