♪ stuart: santana. stuck in an elevator back in the old days. it is 10:00 eastern, straight to the money on tuesday morning. a little bit of red, not much, a tiny bit, the dow is down 20 come nasdaq down 21. right hand side of the screen and even split between winners and losers for the dow 30 but look at the guild on the 10 year treasury, keeps moving up. 3. 74% as we speak, the price of oil has not done much this week, $73 a barrel. bitcoin still impacting the range, 27,236. realtors, heads up on new home sales. what have you got?

lauren: the number 683,000 new homes are sold on a seasonally adjusted annual basis in february. the number for march had been revised lower so you have a surprise again. the price also went up, the median price for a new home in april, $420,800. the price went down, $450,000-$420,000 in april. stuart: that is still very strong. i call that a sign of strength in that sector of the market. >> there is limited inventory for preowned homes, folks are saying let's build new homes. stuart: i don't see much on the market. it has barely moved because new-home sales are coming in. that's the market, new-home sales, now this. i have been saying this for some time and taking a lot of heat for it, that senior

democrats will eventually tell the president it is time to step aside, he's too gaffe prone, not firmly in command, too old, most importantly, the democrats don't think he can win. politics can be brutal. looks like the party is beginning the process of easing him out. the washington post had an editorial saying biden has a real issue with age and has an obligation to interact with reporters, get out of the basement, not doing your job. a separate article again in the washington post speculates on who would be the candidate if not biden, they are trying to line people up and here comes hilary. she said that biden's age is an issue and people have every right to consider it. is that a dog whistle beyond he's too old? this is a democrat dilemma.

if they run this candidate they know he's likely to lose no matter who his opponent's. if they haven't moved him aside by the end of this year, there's little time for a replacement to mount a presidential campaign. of the president is incapacitated before the election we have president harris. americans are in a difficult position gun, and aging president and cognitive decline, a vice president in whom there is little confidence and an election consequences that had serious doubts about the president's ability to complete it in his first term. democrats who want to win in 24 and have some thought about the stability of this great country should have the chat with the president and have it now. second hour of varney just getting started. ♪ stuart: let me add to that editorial, 60% of us don't even think biden would make it

through a second term if he were reelected. do you think senior democrats will, before the election have a quiet chat with the president? >> they think he can beat trump, they want trump to be who he runs against and they like president biden, they like that he doesn't think for himself and is manipulable because he has been great for the left-wing agenda. look what he has done. if you like the left he has gotten a lot done. they want him to be there and if they think he is running against the right person they will be fine, i don't think he gets through a second term but that is an issue for a later date. stuart: the next 14 or 15 months, one nasty event of some sort and he's done. >> he has had several that could have gone south really quickly. they don't seem that concerned about it. he's done what they need him to do.

that is sad for america that we would choose ideology over what the country needs but that is where we are, can't deny that's where we are given what we've seen of this president. stuart: republican senator tim scott seems to be getting some plan from billionaires. neil: lon musk and larry ellison. he hinted in the past that he would support ron desantis should he throw his head in the ring but tim scott's presidential announcement is not an endorsement but is raising eyebrows, could be buying the tim scott message of optimism and there's or collapse larry ellison, longtime supporter who donated to his senate campaign, $30 million and reports say he plans to double that so we are talking $60 million plus for his presidential bid. he was in south carolina

yesterday. stuart: elections are expensive, $60 million. neil: with the question is can they make the money a message. that's the issue right now. scott's message optimism but he's got to be tough as well. it's tough to do both. the optimistic uniter tough to win on the debate stage but we will see. stuart: back to the markets, not much price movement at the moment. we are waiting for progress on the debt ceiling deal. i am trying to figure out the exact state of the economy but you believe it is on shaky ground. make your case. >> when i say it is shaky they throw back at me the number one thing is unemployment and jobs, 3.4% on employment rate, the lowest since 1969. that is not what the fed wants

to see happening at the fed has told us they want to see an employment rise to get inflation down from the current level of 4.9% to the 2%, they have a difficult time getting the last 2.9% of inflation but if you've got seven to ten stocks responding that is not good. you had mike leon, a good friend of mine, the s&p returns-2% and that is what this has done to these indices, narrowly based recoveries. the fed worries about inflation. we see that they were hawkish and pouring cold water all over it, it was at a rate hike of the next meeting and the fed will stick to the idea, don't want to worry about having

anything bubble up. no matter what they tell us, when the economy suffers three bank failures that's not a great economy. there are a lot of problems. stuart: half an hour ago i had larry kudlow on the show saying mccarthy is doing well, he will get 80% of what he wants and we are not going to get big tax increases that biden wants. that's a sunny outlook from larry kudlow. if he is right, the tax increases will be a good deal for the market, wouldn't it? >> the market will like that. as far as debt deals don't spur on old markets. you might get a bump in the indices for a day or a week but that won't be the reason we see everything go higher. we need to see broad-based recovery. they would make sure you have your feet far apart so you can't get out the door easily.

we have a very narrow recovery and with all the stats, it would be easily -- the saudi oil ministers are laying down the road for another production cut. listen to what they said yesterday. too many things put us in a precarious situation and that is why i am cautious. not a lot of folks are throwing in the aisle saying it looks like it will go higher. stuart: that is what they are saying. see you again soon. looking at the movers, zoom down 6.5%. lauren: covid made zoom a verb. they are trying to get there pandemic claims back, revenue in the quarter $1.1 billion, it is the slowest since they went public in 2019.

stuart: google became a verb too. starbucks. lauren: they are down one. 4%, a store in san jose voted to unionize, the 23rd location in california. they said two things. inadequate staffing, they don't think starbucks is enough to make them feel safe in california. stuart: the age-old argument. >> look who goes into starbucks. people in the street use the bathrooms, they leave needles and paraphernalia, beg for money outside, inside, workers don't want to be in that environment. stuart: so unionize. bj's wholesale club. lauren: revenue missed 6.7%. you would think you go to a version of cosco competitor for value and you do, the customers are pulling back, they are

coming in, their discretionary spending because of inflation and they reiterated their full your numbers. stuart: they were tapped out. that's the way it looks across the board. lauren: i was in 7-11 and put three drinks on the counter, guess how much it was. $29. stuart: got to move on. take a look at this. that is an art professor at hunter college in new york city, a group of pro-life students. >> not educating students. what are you going to do? is that what you are going to do next? this is violent. >> i'm sorry about that. >> no you are not. you don't even know what that is. this is obvious.

stuart: you are a professor. why isn't she fired? >> she's doesn't care about free speech or debate. hats off to the kid on the other side of the table. he was the adult in that space, don't know how he got that but that kid was respectful, answered her questions. hunter or this professor, this is what our colleges and university have become. it is one way, the professor's way if you want to debate it you are in the wrong space. lauren: her students are cheering her on for doing that. >> i they really? stuart: extraordinary. thanks. we will be watching you with jackie deangelis later today on "the big money show". 1:00 pm eastern and it is here on fox business. brian: when he says "the big money show" he doesn't dance.

stuart: amazon adding a feature to its payment system that will allow users to swipe their hand. the los angeles dodgers reversed course to invite a group of nuns to the team's pride night. we will tell you why the team changed its mind. the ozone pick craze that hit hollywood, there's a new oral weight loss pill the company claims to work even faster. docs eagle will tell us how it works next. ♪ ♪ who make...? ...everyday products... ...designed smarter. like a smart coffee grinder - that orders fresh beans for you.

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stuart: not much price movement, people are waiting for deal on the debt ceiling deal, the dow is down 20, nasdaq down 21, s&p down 11. one unusual weight loss trend has been shown to lower cholesterol and blood sugar glucose levels. what are we talking about? lauren: on ice cold box leica sans about the opposite, freezing cold, minus one hundred 60 degrees, you °, you stay in there for 2 or 3 minutes and you lose weight. it is a cryotherapy chamber that uses liquid nitrogen or electricity to chill the space in the body were looking at. it shows positive results not just with weight loss.

a study noted 5.6 decrease in your waistline and 20% decrease in cholesterol levels. stuart: that story will generate more interest from our viewers than anything because you can see it. >> they are using it to help athletes but i've never seen it used for cholesterol and weight loss. stuart: 2 or 3 minutes. lauren: that is torture, you can get frostbite. stuart: no comment. lauren: we will put you in it for the next segment. stuart: we are telling you about the liberties, iran musk, chelsea handler, who use o ozempic for weight loss. a new pill could work faster. docs eagle joins us. how does this drug work? >> it works the same way as the injection. over 16 weeks, if you lose ten pounds on average which is the

same as ozapic, the one thing that makes people pause is they needed as an injection. with diabetics, i am trying to target, it got taken away by celebrities for weight loss. for diabetes this bill works well. that's where i want to start. when i prescribe one of these for a diabetic, if they are out of stock the pharmacy doesn't have them. there's one on the market. it is a pill for diabetes and weight loss. you have to take it it on an empty stomach. this bill has an advantage because you can take it at any point. i see a future for this which i predict it will be a huge drug. stuart: side effects? >> side effects are the same as the shot. nausea, vomiting, you can get

headaches, dizziness but the majority of people tolerate this. we are not concerned with the long-term effects, same as i am with others, we don't have ten years data on this but for diabetes terrific, for weight loss i don't this used casually even though people will try. stuart: do i gain weight as soon as i stop using the pill? >> that has been a problem which is another reason i like it for diabetics because diabetics need to stay on it for life. there's a rebound effect with all of these. they tell your brain to stop, they improve insulin function, sugar, metabolism, terrific. as soon as you stop at those effects reverse and they want to eat. it's very hard. some people argue i got over the hump with it. i got over the hump. i'm thinner, feel better, exercising more. some people can stop it but i'm

concerned people can't get off of it without their earlier problem. stuart: a headline in the wall street journal that employers are hesitant to pay for oz ozempic. >> it is the same thing. the employer's have notoriously not understood that prevention is key. employers are worried about side effects, people losing time from work and that's a key feature of this. people do get ill with of this and that's a factor. i am more interested initial insurance covering this. i want insurers covering it. we've not reached the point they should be covering it. stuart: thank you for joining. >> you don't need it at all. stuart: thank you very much indeed.

amazon is going to let people purchase alcohol with the palm of their hand. explain it please. ashley: no id, no problem. you can use your palm to purchase alcohol by swiping your hand. the company debuted its amazon one system that uses this in 2020. the technology now being used in restaurants and stadiums and several of amazon's grocery chains use -- users have to upload a government issued id on amazon website which is verified by a third-party provider but the palm system is being touted as a way to make the shopping experience faster and more efficient. in addition to its stores, sports and entertainment venues adopted the technology including denver. panera bread has begun testing the system. seems pretty quick to me.

stuart: the governor of new york and mayor of new york city calling on the white house to expedite work permits for migrants and blaming republicans for spreading chaos and dysfunction. . i coming up. congressman wesley hunt says china's ownership of farmland poses a threat to security. he wants to ban china from buying up our land. congressman hunt is next. ♪ from big cities, to small towns, and on main streets across the us, you'll find pnc bank. helping businesses both large and small, communities and the people who live and work there grow and thrive. we're proud to call these places home too.

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they teach you how to enjoy the foods you love in a healthy way. sticking to the golo plan and taking release actually worked. (soft music) stuart: go nowhere markets, the dow is up a point, nasdaq down 23, s&p is down 9. lauren is looking at the movers. pack west is up 21%. stuart: regional banks are doing well. pack west plans to sell to billion dollars of their loan portfolio assuaging some investors worried about the flight. the market is near one billion dollars again so they are recovering what they lost. stuart: stability in the regional banks. plant here. lauren: big data company.

kathy wood loaded up on $4 million worth of the stock in her portfolio. it was may 8th that they reported their earnings and made a big deal of it. since then, may 8th was up 76%. stuart: we used to have a producer on this program who railed against williams-sonoma because they sold spatulas for $40. they on the upside. not because they are spatulas. lauren: sales are down. they have a stronger adjusted profit. people are saying this expensive stuff. 7% in the quarter, they looked at adjusted profit on that. stuart: democrats in new york are begging president biden to

help migrants put them to work. what do they want biden to do? ashley: put them to work, democrats including new york city mayor adams and governor hochul asking biden specifically for special federal work authorization. for the tens of thousands of migrants who arrived in the state since last year. listen to this. >> these asylum-seekers came looking for the american dream, a chance to grow and build successful lives. let's give them a fighting chance of making this dream a reality. >> we need all levels of government to respond to this. we truly do. ashley: when you are a sanctuary city that happens. white house official responded saying certain populations are already eligible for work authorization and pointed to the administration's use of temporary protected status. new york democrats say the

program needs to be expanded as state agencies are struggling to fill thousands of vacancies. ashley: look at the headline. it reads china's threat to national security might surprise you. congressman wesley hunt from texas joined me now. you are talking about banning all chinese land purchases in america. that is what you want to. that is draconian. >> i don't think so. the chinese for the past few decades have increased the purchase of farmland around military bases by 1000% in the past decade. we saw what happened with the spy balloon. in my hometown of houston, texas, donald trump shut down the chinese consulate because they were stealing our intellect all property. the chinese are up to something. something else. would they allow us to purchase

their farmland around their military bases? of course not. given the threat from the chinese in the past two decades it is imperative for us to protect our interests. stuart: the governor of florida, ron desantis is expected to announce his presidential run sometime this week. however, you, i believe, are on team trump, one of the first republic and to back him. why are you so hot on trump? >> we got to get this country back from the brink, return to where we were before the covid pandemic, donald trump is the man to do that. this is the worst inflation i have seen in my lifetime. the worst border crisis we've seen in our lifetime. on an international scale we are playing second fiddle because of the poor policies of the biden administered in. donald trump has proven he can fix these issues if he has four years to do it. to walk into office and turn this whole thing around. i'm convinced, not just me but

the american public especially the republican primary convinced that he is the guy to fight for america the next few years to get us from the brink of the disaster we have seen from the biden administration. stuart: if he's running on policy i think he does very well but the downside is his personality, his statements. you are laughing, but that matters to a lot of people. i know a lot of folks who just would not vote for him because of his persona. >> i got to know him pretty well. we talked a few weeks ago on the phone. he is focused on the policies to save our country. what we have to look at is it is going to be silver or lead. you want to get shot by the biden admin attrition for the future or the silvering and richard to get our country back where it was before the covid pandemic and i think donald trump can accomplish that. his vice president will pick will be important because he only has four more years, he

has an opportunity to hand these good policies to get this countries back and we will have a good 24 with him at the helm. stuart: anybody in particular you would like to see as a vice president will candidate with mister trump? >> i have no idea. that will be his choice and nobody tells him what to do. stuart: you are a diplomat. very good. thanks for joining us. always a pleasure. tiktok is now suing montana after a new law that will be montana bands the apps. on what grounds are they suing? ashley: tiktok filed a federal lawsuit arguing montana's ban amounts to illegal suppression of free speech and is tantamount to censorship. the chinese own tiktok, arguing the national security threat raised by officials in montana, something state officials can attempt to regulate since foreign affairs and national

security matters are a federal issue. the suit asks for the montana law to be overturned even though his hasn't gone into effect yet. cybersecurity experts said that implementing the law would be challenging. the biden administration is weighing what to do next because of the threat of a nationwide ban unless tiktok finds an american buyer but what happens in montana will be interesting. stuart: uber's new feature to let teenagers ride alone. it has begun already in some cities. charles watson joins us from atlanta. a lot of safety concerns. 's uber offering any reassurance? >> reporter: they have -- they are offering reassurance and put safety features into this feature. uber is marking this as a transportation solution for teens who need to get somewhere and parents who can't.

this feature is rolling out in several cities across the country including right here in atlanta. with this feature kids between 13 and 17 years old can create a teen account with their parents permission and request their own rides. uber says it will safeguard equity and there are safety features such as the ability to record audio for the entirety of the ride and they can track its location. what about the drivers? uber's vice president says anyone who drives a teen. >> for driver to be eligible to provide trips to teens they need to be an experienced driver on our platform. >> uber reiterated that it does background check on all their drivers and despite safety concerns there are still concerns, despite safety

features there are still concerns about a child riding one on one, we spoke to one advocate who says there's an opportunity for predators who want to ruin the professional bull teen riders. >> there are concerns we need to think about especially during the ride they are on but possibly what can happen if they exchanged information. if they continue to have a relationship outside of that. >> uber tells us teens have been using the ridesharing service under the radar. this new feature is an extra layer of protection for teens and drivers, the company will take its time before it rolls its new teacher -- feature out to teens across the country. stuart: thank you very much indeed, see you soon. this show is packed full of big-name stars. for example, congressman jim jordan is the man investigating

everyone and everything. he joins me in our next our. it is the world's first and only flexible window screen, one hundred% made in america. we talk to the founder and ceo of flex screen next. ♪ ♪

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i want you to look at something. flex screen, the world's first and only flexible window screen that keeps out insects. the inventor and ceo joins me now. i thought all window screens were reasonably flexible. what about yours? >> if you flex yours, not going back into the window, this is completely different. it goes back in the shape that it should be. stuart: is that the only one in the world? how did you come up with the idea? >> i worked for a large window company. homeowners were sick of how difficult regular windows are.

this was just a passion statement ten years ago, the suv for a week or two. i came up with a prototype and showed it off to people in the industry and they loved it. stuart: how many employees have you got and what is the gross revenue per year? >> reporter: 100 employees right now producing seven manufacturing plants, our revenue hitting 30 million this year. you got me. didn't realize it was that kind of mogul in the screen business but you are. you sell to consumers? >> reporter: we do through home

depot you can find that but most of our screens are on windows, so most sales go to window manufacturers which is exciting. the most exciting thing we have going on is licensing technology with equipment behind me, this is completely automated every 15 seconds and window manufacturers outsource their screens from wherever the output is and they are putting those jobs on their floor by making flex screen in their factories and saving money by doing it. stuart: the founder and ceo of flex screen, we love success on this program. flex screen is a success, $30 million gross revenue. thanks for being on the show. see you again soon.

rocket mortgage a new program that allows some homebuyers, small percentage down on their home. how small a down payment are we talking about? they are going back to the no doc loans in the past. ashley: as little as one% down payment, rocket mortgage, one of the biggest non-bank lenders in the country says under this new program the company will allow low and moderate income homeowners to purchase homes in this area with 1% down. the deal also eliminates mortgage insurance so the overall cost will be down. if you think they have been down this road before, yes, during the subprime crisis, rocket says no no no. it will require borrowers to

meet specific stringent credit standards and not put people into loans they cannot afford estimating that 19 million people in the us qualified under the program guidelines. pretty impressive, 1% down, you have to have good credit and income requirements but that could get people on the latter of homeownership. stuart: now this. prince harry came up short in court in britain, we will tell you all about his case. pete buttigieg claims he's working to avoid a disastrous summer travel season. what are his chances? madison alworth reports next. ♪ ♪

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stuart: 17 million people expected to fly over the memorial day weekend.

madison alworth is in new jersey. could be a record-breaking summer. there is an airline staffing shortage. what are airlines doing? >> reporter: what we are hearing from the airlines as they are trying to bolster the staff as much as possible and are cutting schedules. take a look at southwest. that was an airline that faced a lot of pressure especially last year over christmas, remember the christmas meltdown, thousands of flights canceled during that holiday. they have adjusted their staffing by adding 15% more employees year over year and adjusted and shifted the schedule but the problem is not just the airlines. when you look at this memorial day weekend the federal aviation administration is struggling with staffing as well. this past sunday a temporary ground stop was issued in denver over staffing shortages. it is just the latest in a long

list of problems including cancellations, delays and near misses with flights on runways. transportation secretary pete buttigieg is expected to explain how they improve the chaotic travel season and insured it for the summer but travelers not convinced of the job he has done. >> don't trust anything he says. i go by experience so i don't know if he's with the laypeople but it has gotten better. the pilot issue and staffing issue -- >> i don't think they hired staff back quickly enough. there will be issues all summer. >> i have been hearing things haven't been going so well so i have my fingers crossed. >> reporter: the meeting is at 11:15 around the corner. one thing we will be listening for is how they added air traffic controllers. that a huge staffing shortage that is at the center of travel. we are looking to see updates

on that and how things are facing for the weekend and the summer. we will bring you the latest. stuart: we need some reassurance and i think we will get it. uber just placed its chief diversity, equity and inclusion officer on leave. what happened? ashley: uber's deer boss was behind an event dubbed don't call me karen last month, part of the moving forward event series the launched in 2020 on the heels of the black lives matter protest. karen is a disparaging term for entitled white women who getting disputes with minorities and end up in videos that go viral. lee placed in leave after employee slam the panel discussion. the event reportedly upset some of uber's nonwhite employees and subsequent meeting was

criticized when someone was calling it more of a lecture than a real discussion. lee was accused of dodging questions about how the company would prevent tone deaf, offensive and triggering conversations in the future. it is unclear how long she will remain on leave and won't talk about it anymore. stuart: moving away. last one for you. prince harry wanted it to pay for his own police protection in the uk. went to court. a judge issued a ruling, i think you know the ruling. ashley: he lost his legal challenge to make private payments to police for protection in the uk. lawyers from the government opposed allowing wealthy people to purchase their own security from the police, harry doesn't feel safe bringing young children from the us to visit his home country without proper police security but as harry and meghan's royal titles changed so has their security detail and they have likely relied on paying for their own

private protection, today's ruling means they have to take the same approach in the uk. he lost. stuart: ohio congressman jim jordan on the debt talks. dan everhart on the administration struggling to replace emergency oil and jimmy fallon on parents going after elite schools for indoctrinating their children with woke ideologies. the 11:00 hour is next. ♪ ♪ tourists tourists that turn into scientists. ... can identify which areas are at risk.

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