tv Varney Company FOX Business June 16, 2023 11:00am-12:00pm EDT
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it is friday, june 16. on the markets, i see a little bit of green. big rally yesterday. for the dow, it continues, you're up 38 points there, and it was up 400 yesterday. minor leagues lost on the nasdaq modest gain for the s&p. by the way, the markets will be closed on monday for juneteenth, so we're heading into a three- day weekend lots of investors get cautious then. how about big tech this morning. where are we now? down except for meta which is up all of $0.30, apple, microsoft, amazon, alphabet turning south. not by much, just a little loss there. the yield on the 10 year treasury, that has been going up you're at 377 right now. all right, now this. we're supposed to just take it all in stride. the climate crowd. i should say the juvenile climate crowd defacing works of art. its been happening a lot. mashed potatoes thrown on a mone
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t painting in germany. tomato soup on a van gogh in london. charcoal in the trevi fountains and the latest in stockholm two activists threw red paint at another painting and they glued their hands to it. i guess that's to make their arrest for difficult. what's surprising is that no action is taken to stop them. the so-called gods guards just watch. great works of art are part of our western civilization, and that's why they are being attacked. the climate crowd is specifically anti-western, because of course, we built our society on capitalism, freedom, and yes, fossil fuels energy. they should be arrested, and they should be fined a lot of money. don't put them in jail. take their money. take lots of their money. after all, they are financed by the world's elites. they can afford it. the protesters think they are saving the world but to me, it just a childish juvenile tantrum you see the third hour of
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"varney" is coming up and we're just warming up. i wonder how many people will agree with what i just had to say. steve hilton is with me this morning. what's the climate crowd doing to you in california? >> [laughter] first of all i completely agree. i'm one of the people who you can be sure completely agrees with you. i was going to add you said childish, juvenile and we might go a little bit lower in the age range, infant i'll. that's one other point i want to add to that analysis which i completely agree with ages well as your recommendation is that there's this ridiculous grandiosity about these people as well which is like i'm so important. i'm the one that has to be the center of the attention because i'm saving the world. it is completely narcissistic and i think that reflects the culture of social media that these people have grown up in, that they are the center of the
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universe, completely ridiculous. here in california, of course you ask the question we're at the far end, the far left extreme that's where it starts a lot of this madness. things like the gas stove ban and so on. i'm all for a responsible energy transition. let's have clean energy. that's fantastic, but let's be sensible about it and let's look at the facts, for example, nuclear power is clean energy. these greens are against it. here in california, unbelievably , hydroelectric power is not classified as renewable energy. they are so extreme, it's all about their ideology, not about common sense practicality. stuart: you've got that right as well. next one, steve. here is i think this perhaps is more important. you say that robert f. kennedy jr.'s policies are way out there i've got that, but, recent polls show 20% support among democrats for robert f. kennedy jr.. that's extraordinary. this is against president biden. what are the extreme policies that get him 20% support?
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>> well, i think that what's interesting is that it shows how desperate the democrats are for the change that he wants to bring. i mean, he's very seriously anti -corporate. he's got a very strong agenda there which you would say goes from being rightly skeptical of big business. we've all had our points where we would say yeah, we don't like the way big tech is behaving so on but this is like actually anti-business in many ways and that is not good for anyone, and yet the democrats are loving this , because he seems to represent something that they don't see in biden or certainly not kamala harris which is energy, vigor, and something interesting and an actual interesting argument and look at that 20%. that is despite an almost total blackout from the media. they don't want to touch him. they don't want him to get a hearing because they are all there, the media, protecting joe biden. stuart: here is another one for you. there's a massive drug bust in
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san francisco. actually in the tender loin area 92 people arrested they found enough fentanyl to kill more than 2 million people. in san diego, a homeless woman claimed the authorities are spoiling those who live on the street. this is from a homeless person. roll tape. >> to be homeless in san diego is actually not that hard, because usually, we're low income and when you're low income you get free phones, free food, free clothing. >> i think we're spoiled, the homeless in the under privileged i think we're spoiled to be honest with you. my sisters like where do i sign up? if we went to jail it would motivate those to get off the streets. stuart: you've got to shake your head sometimes but steve, let me go back to san francisco. this huge drug bust, finally, some action in san francisco. we're can applaud that. >> of course, i mean, it's long overdue. the situation in san francisco,
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it's so catastrophic now. you see all the major players in the local economy, hotels and businesses and shopping, all leaving. it's a massive crisis. the whole world is paying attention to it now. san francisco has become one of the most famous cities in the world not for the beautiful things that we would want it to be for. all for its innovation economy which has been so incredibly important around the world but these catastrophic scenes of urban squaller and decay, the mayor, she's doing her best, actually. i would say she's on the right side of the argument. she's hampered by a far left board of supervisors who actually control a lot of the policy. they haven't been able to breakthrough. finally, i think she is making some progress. you've got very significant local political entrepreneurs, business people in san francisco who have been plugging away, trying to make change happen at the local level, particularly with the board of supervisors and they were behind the recall
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of chaser boudine, also the school board in san francisco. you are seeing progress, amazing ly, in san francisco, but its come very very late. stuart: very late indeed. steve hilton great stuff. we always like to see you. thanks for being here today. steve hilton, everyone. still on san francisco. the mayor as we were saying, london breed, she's been using police to crackdown on public use, public drug use, i should say, in the city, but she's getting pushback for it. lauren: yeah, from the democrat socialist on san francisco's board of supervisors. they got into a fiery exchange with breed enlisting police officers to help crackdown on open drug use in the city. watch this. >> will you follow your own department of public health's advice? and end punitive policies or will you ramp up these strateg ies, ignoring the advice of public health experts, and causing even moreover dose deaths? >> here we go, another white man whose talking about black and brown people as if you're
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the savior of those people and you speak for them. lauren: that was dean preston, the district 5 supervisor in san francisco. stuart: the first guy. lauren: that was the first guy. after he said that that was the mayor, london breed. all of this is after california authorities found 9.2 pounds of fentanyl in san francisco. we used to talk in milligrams. now it's pounds. that's enough to kill 2.1 million people. stuart: and they just found it in a tenderloin, along with heroin and cocaine and heaven knows what else. lauren: it's unbelievable. so it doesn't matter the color of your skin. you need to crackdown and do something about it because businesses are leaving in big numbers and so are people. stuart: right. we're all exasperated by it because he goes on and on and they have ruined one of the great cities in america. i used to live there. i lived there for five years in the middle of the city. lauren: do you think there's hope is the question? can they get out of this? can all of these arrests, can
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the crackdown from some official s like london breed saying enough is enough. the d. a. brook jenkins, can that change things? stuart: i wish the best of luck. i've got to get back to the markets on this friday morning. jonathan hoenig with us this morning. is inflation, unless you want to carry on about san francisco and everything else i'm going to ask about inflation. is inflation over? >> no, it's not over, stuart. in fact it's falling, but it's not eliminated at all. this whole week you've had president biden taking victory lap after victory lap saying, you know, inflation is falling, but the rate of change that's what's falling, stuart. its come from 9% to 4%. it's still out pacing most people's wages so most persons are still working and earning less, and stuart, if you look at the history, inflation, it's not like a cold. it's more like a terminal illness and inflation fell from 1975 to 1977 by more than half, three years later, it had more than doubled from 5% to over 14% , so we're certainly not out of the woods just yet.
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especially given so many of the policies on spending from the biden administration that got us into this place in the first place. stuart: okay i want your stock picks in light of the fact that inflation is not over. >> well there's a few basic sectors i'm looking at, one is commodities and the fact that it's inflation. dba is an etf we own over at capitalistpig.com and it tracks corn, soybeans and wheat. they had a major run just a few years ago and they are starting to perk up once again. i also like the weak dollar play , stuart. a lot of investors have talked about this d-dollar for a quick idea, udn goes up when the dollar goes down, so you always want to talk to a financial advisor. these are a little bit maures o tear ic but these are off the radar screen ideas that the can work as inflation continues to bubble. stuart: that's what we like, jonathan, off the radar screen stuff, exotic from jonathan hoenig. >> it's about making money. stuart: yes it is, sir. jonathan thanks a lot. have a great weekend. lauren is back with the movers and i want to know about tesla
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up again. lauren: up another 2% so experia n came out with number s the model y the smaller suv, registration is up 9% in the first four months of the year because of price cuts and let's pivot to china. they are over-capacity there so elon musk is trying to expand and buy another more farmland to convert into factory space and beijing is not giving him the green light to do that just yet. you have europe wooing elon musk to build factories and i'm bringing that up because where is elon musk today? he's in france, talking about a lot of things but also on a.i., he reiterated pause the development of it and regulate it. with that i bring you to c 3 a.i. that stock run up 315% this year. it is down today and i think that it's on those comments. stuart: just a little profit taking as well. lauren: oh, yeah. stuart: i saw a picture of elon musk with the prime minister of italy. george georgia moloney.
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lauren: first he went to italy and spoke about the birth rates for instance. he wants more people on the planet and workers. now he's in france. his person tour. stuart: we've got to get to nvidia because it's the stock of the year so far up another nine bucks now. lauren: morgan stanley says they are one of the top picks, and they say shares are going to $500, demand continuing to pick-up even more since nvidia's earnings where they said they brought in all these clients. morgan stanley is saying well those are major customers and it's even better then nvidia let on in their earnings. stuart: thanks lauren. bill gates, you know him. he met with xi-jinping in beijing, today. just ahead of secretary of state blinken's trip this weekend. full details on both visits. a massive brawl broke out between the u.s. men's soccer team and mexico. we'll tell you what lead to four ejections. four red cards and the refs
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stopped the game short. what a scene. house oversight committee chair james comer says no bank records will show the bidens received as much as 30 million bucks from foreign nationals. good lord, watch this. >> the worst thing that a president in history has done. this is a president who has a history of using foreign aid and leveraging for his families benefit. stuart: that is strong stuff. miranda devine is going to deal with the biden family investigation after this. ♪ ♪ the chase ink business premier card is made for people like sam who make...? ...everyday products... ...designed smarter. like a smart coffee grinder - that orders fresh beans for you. oh, genius! for more breakthroughs like that... ...i need a breakthrough card...
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stuart: house oversight committee chair james comer believes that new bank records will show how the bidens accepted as much as $30 million from foreign nationals. watch this. >> i can't think of a worst thing that a president in history has done. this is a president who has a history of using foreign aid and leveraging for his family's benefit. look at that form 1023, sean. it dated back to 2017. it said that the oligarch paid joe biden a bribe of $5 million. he called joe biden the big guy and he said that investigators would have an impossible job of ever tracking that money down. stuart: miranda divine joins us this morning and been on top of this story for a long time. miranda if we get these bank records which james comer says they have, which show $30 million from foreign
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nationals, that be a smoking gun , wouldn't it? >> hi, stuart. look, i'm not sure. you know, they certainly money has gone to the immediate family members of joe biden but whether or not joe biden was stupid enough to have money going directly to him, i think is a moot point. as yet, there's no evidence of money going directly to joe biden from any of these foreign companies or oligarchs, and i really very much doubt that that be easy to find. stuart: but does that matter, miranda? if it goes to his granddaughter, if it goes to his friends in the family, nine family members, so what's the difference? >> look. what we know and there's evidence for is that joe biden's son and brother were running an influence pedaling schema round-the-world when joe biden
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was vice president and joe biden knew about it, was involved in it and met with various overseas business partners. we also know there is some evidence on the hunter biden's abandoned laptop that joe biden was having some of his bills paid by hunter biden. so it's all smoking mirrors if james comer can find some evidence of that, can subpoena people to admit to that and then maybe there is a smoking gun. i think really, the best thing we can hope for out of this is that this disease in washington of influence pedaling there are some laws put around it because joe biden has been doing this for so long. he breaks rules. he doesn't even realize i think at this point how he's abusing his own power. stuart: miranda, the president lashed out at a reporter after he was asked about the alleged bribery scheme. watch this , please, roll it.
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>> [inaudible] >> why would you ask such a dumb question? stuart: you know, miranda, that seemed to get under his skin. he seemed to be getting angry about this. >> well yes, because it's coming close to the truth. this was the post-white house correspondent steven nelson asking the president why are you the big guy whose in this document that the republicans have just extracted from the fbi which says that there was a $5 million bribe paid to you, and joe biden has never addressed this. you know, what he should be doing is coming out and answering questions from the new york post and anyone else who wants to ask about these allegations. if they aren't true he should be able to say straight up, no that never happened, i don't have that money, et cetera. he never does that. he's always dodged now for on three years he's been dodging these allegations. he's lied about the fact that he
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met with hunter biden's business partners and now, when steven nelson seems to be the only person in the press gallery who asks questions about these allegations, he just gets laughter and sneering and abuse from the president. stuart: you've got that right. miranda, keep on that story, please and come back and tell us what you found. miranda devine everyone. thank you very much. stuart: bill gates met today with china's xi-jinping. what was said? lauren: um, you know, are we going to call this chummy? it seems like they had a good rapport. they were smiling. they welcomed each other. gates is the latest business leader to meet with the president and they certainly discussed a.i., obviously china welcomes any investment including that of microsoft in a.i. in their country, and then he went on and this is where it could be where it is controversial. xi called bill gates the first american friend he's met in
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beijing this year. that comes from chinese state media, but that suggests that yeah, business leaders are going there but the relationship is not chummy at all. stuart: but china wants american business in china. lauren: absolutely. stuart: they want it. lauren: they want our technology stuart: so they are friendly when they meet american business leaders like bill dates. lauren: as are we. stuart: but when the secretary of state anthony blinken when he goes to china on sunday he's a politician and a diplomat and will get a very different reception. lauren: earlier this week, blinken had a phone call with the foreign minister of china and it did not go well. it didn't go well at all. it was very stern. china described the call they said the u.s. should stop interfering in our internal affairs but nonetheless they are talking. that suggests a thaw in the relationship and that's a good thing. anthony blinken is the highest ranking official to go to china during the biden administration. it will be on sunday and monday, so we'll report more about this next week. his first trip was postponed because of the spy balloon,
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right? and now it's being rescheduled but what also happened recently since the spy balloon? the u.s. said oh, well yeah, china has this spy base in cuba that could see what americans are doing and saying and our factories and military bases and it had that setup there since at least 2019. so it's a good thing that he's going despite that revelation. stuart: whatever you say. okay? thanks so much, lauren. what's this oh, there's another one. this is on the same line here. what about companies, i understand there are several, breaking ties with china. lauren: i'll one-up you how about choice companies breaking ties with china because they do business everywhere. there's a fast fashion brand called shine, they moved headquarters from china to singapore and setup operations in europe and ireland and the in the u.s. in the state of indiana stuart: lauren, thank you. the mediterranean restaurant chain known as cava, they saw it in their market debut. what's so special about them?
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i'll put that question to andy puzder. he used to run a fast food chain we'll be back with andy after this. ♪ i have type 2 diabetes, ♪ ♪ but i manage it well. ♪ ♪ it's a little pill with a big story to tell. ♪ ♪ i take once-daily jardiance, ♪ ♪ at each day's staaart. ♪ ♪ as time went on it was easy to seee ♪ ♪ i'm lowering my a1c. ♪ jardiance works 24/7 in your body to flush out some sugar! and for adults with type 2 diabetes and known heart disease, jardiance can lower the risk of cardiovascular death, too.
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sofi get your money right. stuart: on the markets this morning, it's now all red. two hours worth of business, man , we started out strong. went straight up. lots of green. now, we're in the red not by much, but the nasdaq is down 45 and the s&p is down two points i should say. remember, please, we do have a three-day weekend coming up and it's often some selling on a friday. just to be sure that you don't get wacked over the weekend. some stocks are moving big time though and i'm starting with sofi which is down a whopping 10 %. lauren: this is a financial services company. let me just set this up. in the past month, the stock doubled in price, and the reason was the debt ceiling legislation where you're going to have to start repaying your student loan again so it went up in one month , 101% and that's too much
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for both bank of america and another brokerage cutting the stock by one notch to essentially neutral. stuart: that's a big drop. that's punishment, all right? humana what are they doing? lauren: they are down 3%. they joined united health, the insurer who warned of a big jump in the cost from medical procedures, people after covid are getting surgeries again particularly older americans getting knee replacements and hip replacements. stuart: that's going to cost them. got it. this is a story i like. virgin galactic have a commercial space launch between, wait a minute. they have got a commercial space launch in a couple weeks, right? lauren: yeah, between june 27 and june 30, they look at the weather and everything else. they are going to carry this one is already arranged with researchers on board, but then, in august, that's like real people are going to be going. private citizens. stuart: real people? lauren: yeah, private citizens. you don't need a reason to go other than you want to, and you
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can afford it. $450,000 per rider. stuart: do you know how many people they can fit into this? lauren: no i don't. i should but i don't. stuart: to make money they have to have a bunch in there. lauren: if you keep doing that every month, and they have a handful of people. they have to start slow. stuart: okay. lauren: i'm sure there's a wait list. i'd go. stuart: would you? lauren: yeah, absolutely. stuart: would you really? lauren: yeah. stuart: if someone gave you 450,000 bucks you'd be on that rocket? lauren: you would not? stuart: that's a rhetorical question. lauren: i would 100% be on that rocket. stuart: you would? lauren: yes. stuart: we may have to pass the plate around to see if we can get you up there or would you take the money and run with it? lauren: could i do that? i might do that. no, i would go. i would live up to my promise. stuart: you're a nice lady. energy secretary granholm admitted to giving false information about her stock holdings. republicans want an investigation. hillary vaughn on capitol hill. where's this thing going,
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hillary? reporter: stuart it depends if the inspector general does investigate. if he does what he finds, so we'll see what comes out of it but lawmakers are saying that what granholm told them in april when she testified about her stock holdings, they are saying what she said was not true. >> you don't own any individual stock now, so maybe you did when you first came and you converted them to mutual funds? >> totally it was the sale of what i'd had because i'm not owning individual stocks, because i signed an ethics agreement with the president of the united states saying i would divest. reporter: turns out her family did have individual stock. otherwise, she says, she would have disclosed it saying, "i regret the accidental omission" and benefiting from president biden's promotion of their electric car fleet. granholm herself bragged about the booming business although
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she sent this tweet after her husband sold the ford stock. ford is investing 3.7 billion to add thousands of new jobs in these states and ramp up production of its all electric cars. what a time to be alive. biden was also out promoting ford while granholm's husband still had stock in ford. biden's been behind the wheel of fords all electric truck and he talked up ford's all electric mustang. >> 0-60 in 20 seconds. my corvette is 5.2 seconds, so three seconds. >> three and a half but whose counting. >> whose counting. >> does it have a launch button reporter: this is not the first time that granholm has been put in the spotlight because of her stock holdings. she sold $1.6 million worth of protera stock, the electric bus maker based in california. that happened after she was confirmed as energy secretary and after president biden and vice president harris had talked
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up the company. stuart? stuart: investigate. all right, hillary, thank you very much indeed. see you later. let me have a look at cava in the stock, it's down six points today but yesterday when it debuted on the stock market the thing went straight up, from $22 asking price, i think it closed at 43. andy puzder with me now. welcome back, andy. always good to see you. what's so special about cava that it would almost double from its offering price in one-day? >> well it's 28% same-store sales increase in the first quarter which is a tremendous number. it is a small company. its only got about 250-300 restaurants, but it's in a great sector. it's healthy food. it's mediterranean, it fits into all of the current trends and i think people believe this is going to be a company that can grow and they now got 320-some million dollars to grow with so i think people are expecting a lot from this brand. stuart: but what does it tell you about the ipo market and the
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stock market in general and the economy? if you can put out a stock like that, it almost doubles in one-day. >> yeah, it's great news for companies that were considering going public. you really never want to be the first company to test the water particularly in a down market for ipo and this has been a down market. there's been very few in the past year i think 44 and only 20 are american companies, but this is good news for restaurant companies that are thinking about going public, because the demand is out there. if you've got a good story to sell so at least for the restaurant sector, people are going to eat no matter how bad the economy gets, you're still going to go out and eat but so for that sector i think this is very good news. stuart: is this a fast casual? is it in that sector? is that what it's called? >> yes, it's the cava restaurant and zoey. i don't know if you're familiar with either of those but i would consider them fast casual. they aren't like, certainly not fast food like carl's and they aren't upper end mediterranean
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food but they are in the middle. stuart: what's that you're telling me about? lauren: tahini. stuart: you ever heard of that, andy? >> i have not heard of that. stuart: thank you. thank you very much indeed. lauren: what! stuart: don't you know about this stuff? lauren: andy i'm kind of disappointed i'm not going to lie. >> i may not be in the target market for that particular product. stuart: nor me. well said. andy just stay there for a second. i want your comment on this story that lauren is about to deliver on us. the ceo of anheuser-busch released a message to customers. this is following the dillon mul vaney backlash. is he apologizing? lauren: no. to all our valued consumers, we hear you. our summer advertising launch is next week and you could look forward to bud light reinforcing what you've always loved about our brand. that it's easy to drink and easy to enjoy, so they are completely straddeling the middle group trying to be safe and you can't do that right now.
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you have to, if you're going to delve into something cultural or political, you need to make a statement and stand by it. they have not done that. stuart: andy puzder still with us, please. what do you make of this? this is the longest and most effective boycott that i've ever seen in my life. >> i agree. look the lesson here is it's twofold. one is don't offend your target market. i can't believe i have to say that but apparently, i do have to say that at this point in our business climate. don't offend your target market and if you do offend them come out quickly, rapidly, and definitively and take back whatever you did. you can't, you just can't offend the people that create the market for your product and expect to do very well. these half measures are not going to work. they just aren't going to work. he needs to be more definitive or get rid of the brand and come out with another brand that meets his customers needs. lauren: they basically gave out beer for free as part of a memorial day promotion and their sales still fell but got a little bit better.
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the latest numbers show they fell even more, down 24.4% for the weekending june 3 so that's after memorial day. that's no promotion, sales fell. stuart: not looking good. andy puzder, thanks very much for being with us. lauren we've got more for you and now this. beyonce blamed for fueling inflation. [laughter] take the blame there. especially in sweden, apparently she's having impact in sweden. student loan payments restart this fall after three year freeze. lots changed though in those three years. higher food prices, rent, will students be able to adjust. what a question? that report is next. ♪
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stuart: is it still all red? yes it's still all red. when we started this market at 9 :30 eastern it was all green. now we've turned south but not by much. show me nvidia please i believe the rally continues. that's a stock and a half these days it's now at 433. it's up six bucks that's another 1.3%. are we about to start making excuses for students who cannot repay their loans? because they are set to begin to repay this fall. we are told that millions are scrambling to figure out how to pay the bills. lydia hu is with me. breakdown the numbers please. what are they supposed to repay? reporter: the average amount for a student loan repayment is coming in around $300 per month according to government data and let's go into the budget a little bit more to explain exactly how this will impact the millennial household. a single millennial person makes on average $62000 a year on the high end of the range.
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household coming in around $84,000 per year that's after-taxes. looking closer at the household budget, government spending shows us government data rather shows us that spending comes in around $69,000 per year for the household and here is some of those expenses. food, housing, transportation, healthcare, after covering these and other expenses, the average millennial household has about $1,300 per month left to cover emergencies or to put away for savings. a $300 student loan payment they say is going to take a sizable bite out of that. listen. >> it's hard to factor in loan repayment as an extra bill especially with the prices and inflation rising as they are, those of us living especially in cities like new york city, l.a., chicago, where inflation is really taking a hit. it's definitely something we're very concerned about. i think about it everyday. reporter: now, according to government data roughly one in five borrowers could struggle
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when these payments start to become due in october. the irony here is, stuart, payments were on pause for three years. multiple extensions. that was part of what was driving inflation estimates, those pauses on repayments cost the government about $5 billion a month that allowed them not paying that debt allowed them to pay heyer costs but payments are coming due so they are paying both the debt and the higher cost. stuart: we just can't have them struggling. we've got to give them this money. it's called buying vote. but that's just my opinion. great stuff, you know what i mean thanks, lidia. beyonce getting the blame for fueling inflation in sweden. what a story. tell me, that's a tease. do we get to this? yes. we get to explain it to me now. lauren: so beyonce played for two nights, she performed her rent a advance world tour may 10 and 11 in stockholm, sweden. so popular that everyone went over. they bought their tickets and they obviously had to stay at a hotel. they came from overseas so the price of the hotels surged
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and it boosted the overall inflation rate for that category in the country of sweden by .2% and swedish authorities said they never seen anything like that before. stuart: going to get to something a bit more serious now a major fight broke out during a soccer match between the u.s. and mexico. i've never seen anything like this before. take us through it, please. lauren: okay, i've never seen anything like this before either so, brawls literally broke out during a semi-final game. the game turned ugly when caesar montez of mexico was shown a red card for an ugly wild kick at one of the u.s. players. four people were ejected and the referee ended the game early you can hear it. because of chant anti-gay homophobic chants. there were nine minutes of time left but they only went eight minutes. you might be able to hear some of it that's why i'm pausing.
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but that's unbelievable. stuart: anti-gay chants? lauren: yes. and homophobic chants, fefa sanctioning mexico for chanting like this and it happened again. stuart: it was mexico? lauren: yeah. stuart: that's ugly. lauren: i know. stuart: that game was played in nevada i think? lauren: it was in nevada. stuart: four red, nine yellow, never seen anything like that before in my life. terrible. show me the dow 30, please. we always say the same thing. give you a sense of the market. i called out a pretty even split winners and losers, and a dead flat dow jones industrial down just two points. friday feedback is next. ♪ what do we always say, son? liberty mutual customizes your car insurance...
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degrees right there, kind of cold i would say. yes, it is friday feedback time. lauren is here. susan is here. let's get started. >> hello. stuart: greetings, all. this comes from chris. thanks again to lauren, stuart and susan. you help us all get through this insanity. i wouldn't say it's insanity particularly would you, susan? >> tough times i would say. you know, you have high rates. stuart: we've got a market rally what's wrong with that? >> i agree but it's just uncertain. stuart: insanity? lauren: yes. stuart: what's insane? lauren: a lot of the cultural issues are insane right now and we use that word as we talk about them many times. stuart: actually that's true. >> like which cultural issue? there's so many. stuart: careful. careful. careful. >> serious. stuart: all right lauren: it's going on in some of the schools, the restrictions of parents. stuart: very good. susan? >> i'm not a parent, so -- stuart: tom writes this. do any of you record and watch the show, if so, what's your
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reaction when you see yourself on tv? i'll start. i never watch myself. i don't watch the tapes, because i know that if i did, i'd be extremely critical. i'd be shouting at the tv and it would really upset me. do you watch your tapes? lauren: no, because it ruins my day. it really does but we should, because you can perfect things. i'd rather not know. stuart: i've got a feeling that susan does watch her tapes? >> i'm a bit of a perfectionist so so i like getting better each time so i do watch the tapes. but i still can't stand my voice at this point: stuart: can't stand your voice? lauren: it's hard to hear your own voice. >> is that what i sound like? stuart: remind me to never watch my tapes. >> you have a great voice. stuart: thank you. this comes from carol. i love the music segways and think your engineers do an awesome job of choosing the music. keep up the great work. lauren: it's the producers not the engineers. stuart: that's true. is there any music, susan, that you would like to include in this show? >> i would like to hear more of
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the early beatles, if possible on the program. stuart: name an early beatles song, you asked for it. >> um, "hold my hand"? stuart: that that'll do. lauren: "can't buy me love." stuart: "love me do" was the first single 1962 in england >> i need somebody. stuart: that's a bit later. i was there in 62. don't forget. carl, here we go. mr. "varney" we missed you while on vacation. i have a very unique trivia question for your show in honor of stu, i guess. i know you love the rolling stones, got it. where was the first rolling stones concert in the united states? philadelphia, san francisco, san bernadino, seattle. lauren? lauren: san bernadino, that's not the answer. stuart: susan? >> montreal? i just made that up, san
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bernadino then. stuart: that is correct. absolutely correct. >> why were you in doubt? you look so skeptical we were right. stuart: i couldn't believe it was california. i thought they come to new york first like the beatles did, but no, no, it's california. >> okay. stuart: thank you to everyone who sent in their friday feedback. this now is time for the friday trivia question which everybody will stick around for. the agent ruins are in which country, mexico, chile, argentina or peru? we'll see if lauren and susan know the answer. i do, after this. the chase ink business premier card is made for people like sam who make...? ...everyday products... ...designed smarter. like a smart coffee grinder - that orders fresh beans for you. oh, genius! for more breakthroughs like that... ...i need a breakthrough card... like ours! with 2.5% cash back on purchases of $5,000 or more... plus unlimited 2% cash back on all other purchases! and with greater spending potential, sam can keep making smart ideas...
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(fisher investments) it's easy to think that all money managers are pretty much the same, but at fisher investments we're clearly different. (other money manager) different how? you sell high commission investment products, right? (fisher investments) nope. fisher avoids them. (other money manager) well, you must earn commissions on trades. (fisher investments) never at fisher. (other money manager) ok, then you probably sneak in some hidden and layered fees. (fisher investments) no. we structure our fees so we do better when our clients do better.
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that might be why most of our clients come from other money managers. at fisher investments, we're clearly different. stuart: the ancient ruins of machu pichu is in what country? lauren: i've been there and the answer is peru but it's -- it's peru. stuart: you didn't tell us that. lauren: i was there four years ago. susan: it's been highlighted. stuart: peru, that's the answer constructed around 1420 and occupied till 1530. lauren: real high up and you get dizzy. coast-to-coast starts right now. neil: hearing about the miami mayor joining us
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