Skip to main content

tv   Varney Company  FOX Business  June 27, 2023 11:00am-12:00pm EDT

11:00 am
for over 75 years. when i finally could hear for the first time, i started crying. i could hear everything. call 1-800-miracle and schedule your free hearing evaluation today. my little family is me, aria, and jade. just the three of us girls. i never thought twice about feeding her kibble. but about two years ago, i realized she was overweight. she was always out of breath. that's when i decided to introduce the farmer's dog to her diet. it's just so fresh that she literally gets bubbles in her mouth. now she's a lot more active, she's able to join us on our adventures. and we're all able to do things as a family. ♪ get started at betterforthem.com >> he is going to deny this all he wants until at some point i think, stu, that democrats force his hand. >> right now we have laws that
11:01 am
encourage bad behavior. >> have some cash on the side hawaiians. put the money in as the market slides down. >> if the fed really is at the end of its tightening campaign, you're going to get a rebound in the economy, in earnings, you're going to get good comps next year, and you want to the own those high-volatility the, big swings in earnings type of stocks. >> this is why it's going to be a kitchen table economy. it's going to be a pocketbook election, and biden's numbers are just awful. >> i heard the mayor say that this is the same smoke that's coming prosecute canadian fires, okay? -- from the canadian fires. that's like saying a crop the of water is the same element in a cat five hurricane. should we ban water? [laughter] ♪ ♪ looking out my back door ♪ stuart: creedence clearwater revival. ashley: yes. stuart: all three of us were singing along. ashley: see? stuart: audience missed it.
11:02 am
the ratings would have gone straight to the roof -- ashley: straight to the basement. lauren: that gloomy shot is so much better. [laughter] stuart: 11:00 eastern time, tuesday, june the 27th all day. look at those markets, please. i see green. dow's up 135, nasdaq's up 83, s&p up 21 points. ad modest gain today. show me big tech, please. mostly winning. we have meta, apple, microsoft, amazon up. alphabet with, though, is down a mere 55 cents. check out that 10-year treasury yield. it is moving up now, 3.76%. that's markets. now this. ron desantis has a bold plan to fix the border unlike the president. desantis the actually went there to to spell out what he would do. this guy's not fooling around. he would build the wall, he would keep asylum seekers in mexico until an american count deals with their case, no catch and release.
11:03 am
he would take money away from cities and states that declare themselves sanctuaries. and, get this, he would use deadly force, his words, if people carrying drugs showed hostile intent with. desantis would introduce rules of engagement which would allow u.s. authorities to kill certain people breaking through the border. as he put it, and i'm quoting now, if you drop a couple of these cartel operatives, you're not going to have to deal with that anymore, end quote. if if you present a plan like thaw, you take a lot of -- like that, you take a lot of heat. i guess the democrats have conveniently forgotten all those little children left in the desert by the cartels. that's cruelty, that's callous to. the point is, desantis is offering a border plan that would work just like trump's plan was working until joe biden dismantled it. build the wall, stop flow of people and drugs. that is job one. you think -- it looks like we're back to 2015 when trump rode
11:04 am
down golden escalator and first announced the wall. on immigration, trump and desantis -- the leading gop candidates -- are saying pretty much the same thing. bold policies. third hour of "varney" starts right now. ♪ ♪ stuart: all right, guy benson with me on the right-hand side of your screen. all right, guy, this is a very bold plan from desantis. can he get it done? >> well, first, he's got to get elected, right? so step one is win the primary, step who two is win the the general. step three is if you look through the many bullet points in the plan, a lot of them are executive orders, things that could be done immediately with the stroke of a pen. there's a ton of inherent authority in the executive when it comes to enforcement on immigration. so a lot of that he could do very early on in a presidency. but as he acknowledges in the plan, quite a lot of this would
11:05 am
require congress, and congress is a horse of a different color. it's tough to wrangle everyone, even if republicans, let's say, have majorities in both houses. if democrats control at least one, totally different calculus. desantis has talked about his success in florida, as he should, but he has supermajorities that are republicans many in tallahassee. he deserves some credit for that. he's helped build those supermajorities. nevertheless, d.c. will be different. and i think putting out a vision saying here's what i would like to do, totally fair game. whether every single jot is completely realistic in d.c., separate question. stuart: fair point, guy, fair point. president biden is denying, once again, that he talked to hunter about his foreign business deals. watch this, please or. roll it. [inaudible conversations] stuart: guy, where do you think this goes the from here? >> well, i suspect that that was
11:06 am
another lie from the president. and i don't use that word lightly. he told our colleague, peter doocy, years ago as a candidate that he had no knowledge, no dealings, no conversation whatsoever with his son, with his brother about their foreign business dealings. he doubled down right there. we heard that with jacqui heinrich. and the problem for him is we have e-mails, we have records, we have sworn testimony from people like tony bobulinski, we have the sworn testimony of these irs whistleblowers that explicitly state opposite, that joe biden was involved, that he had knowledge, that, in fact, his son hunter would orchestrate and choreograph drop-byes during meetings with foreign business associates to say, hey, look, we've got the big guy here. this is part of the reason why you should come into business with us. there's been no effort whatsoever by the president or the white house or really anyone to refute it. i haven't seen tony bobulinski's testimony, for example, rebutted in a serious way or a a
11:07 am
substantive way at all. they just wave it away, they sort of chortle at this thing like it's a weird obsession and conspiracy theory on the right without engaging with the actual relevant questions here. and my hope is at some point that's hot going to cut it, because there's a bunch of evidence pointing in the direction of biden lying about this, and i don't see any compelling evidence on the other side of it. the question is, are anyone else ask these -- will anyone else can ask these questions? stuart: good question, indeed. all right, guy, another way of looking at the biden and hunter relationship, "the view"'s anna-and-a-half row defended the president and his son. she called it a story of a father ooh's love. watch in this. >> the hunter or biden story the, the scandal, the this, the that, it's also the story of a father's love. and joe biden has never and will never give up on his son, hunter, and will never treat him
11:08 am
lesser than. and so he is a father first. take it or leave it. that's who he is, that is part of his heart. stuart: guy, i take the point, but we're keeling here with the president of the united states -- dealing here with the president of the united states, and that makes it different, doesn't it? >> that's such an embarrassing spin navidad row and some other people -- navarro. if this were only a story about loyalty and paternal love, we wouldn't be talking about i. unfortunately, we have millions of dollars in payments if foreign entities unexplained, we have lying on the federal background check for a firearm purchase that wasn't allowed, we have tax evasion that's been alleged and now at least to some level charged. this isn't just about a someone who is having a hard i'm and battling addiction and his father's sticking with him the whole way. if joe biden said i love my son no matter what and let the chips fall where they may, almost no one would have a problem with that. but he didn't. he said he knows nothing about business dealings and that his
11:09 am
son has done nothing wrong. this is a joe biden story and a hunter biden story that goes well beyond anything to do with personal struggles and family. stuart: guy benson on a tuesday morning, good stuff. see you again soon, i hope. back to the markets. green, left-hand side of the green. yes, with we are, up 100 for the dow industrials. mike murphy with us today. all right, in the second half of the year, we're just getting into the second half of the year, make me some money, mike. tell me what i can buy that will make me money in the next six months. >> so, stuart, rather than trying to pick the second a half of the year, i think you stick with the same game plan. you stay with the growth story. i know someone in your position, you know -- [laughter] stuart: what's my position? >> cut. [laughter] someone who's many in their 70s -- stuart: yes? >> so, you know, look at their time horizon, i still believe you should be investing in growth. there was a lot of talk earlier this year about chasing treasuries, and you saw s&p
11:10 am
rally 15%. i think stay with the game plan, stay with growth, stay with what's working in the back half of the year. and the reason is it's worked 100% of the time. stuart: i've got blackrock, i've got alphabet, i've got microsoft. those are the three stocks i've got. yeah, a little bit of alphabet. should i sell any or add more to miesome. >> blackrock, you get into the woke side of business. it's doing well, but, you know, govern governance, i would rather own blackstone -- stuart: blackstone? they're the people with the esg stuff, aren't they? >> blackstone -- the. stuart: oh, sorry. >> i'd rather own blackstone. stuart: i do own blackstone, that's what i was trying to say. >> that's very good. and uber. do you own uber? stuart: no. >> uber has had a nice rally year to date, but i think it'll be priced like a technology company in the near future, so that's something you could look to the add to that portfolio. stuart: ooh, okay. i'll think about that. you're with me for the hour.
11:11 am
>> i am. stuart: good stuff. lauren's back looking at the movers, and i see uber is down a bit, palantir is up a nice 2. lauren: yeah, it's more than doubled this year, another 2%. they have a head start in the artificial intelligence race, and that's why the stock is up so much. they're expanding their a.i. platform, their aip, as they call it, from military and government to commercial. stuart: unity software. >> 3-d a.i., yep, another a.i. play. they launched two new a.i. features for realtime 3-d games and experiences. stuart: 3-d a.i., that's a mouthful. lauren: i know. technology just moves so fast. stuart: don't it just? [laughter] i see another cruise line, actively trading. lauren: remember carnival yesterday? it was down 8, 9%. and we were, like, why? everything looks great. yes, they're losing money, but now i think investors coming to the their senses. when will they return to
11:12 am
profitability? we have an answer, second half of fiscal -- stuart: investors coming to their senses? lauren: i think it was a harsh yesterday. [laughter] stuart: why didn't you buy an airline, for heaven sakes? they're pretty good at losing money. lauren: the the report card was not bad yesterday. stuart: how do you become a billionaire? it's easy, start with a billion dollars and put it into an airline. lauren: i don't even know what to say -- stuart: producers are telling me that's not funny, so move on. dave port know -- ashley: rubbish. stuart: thank you. dave portnoy's not happy with new york city, their plans to crack down on coal and wood-fired pizzerias has him fired up. watch this again. >> >> people getting slashed on the subway, you got flash mobs robbing stores, and you're coming for a coal oven pizzeria? stuart: plenty more with -- where that day from. -- came from. one of the world's biggest
11:13 am
sporting events is going to the use a.i.-powered commentary. good story, we've got it for you. russia drops charges against prigozhinen, but is he a dead man walking as so many say he is? we'll deal with that next. ♪ with a majority of my patience with sensitivity, i see irritated gums and weak enamel. sensodyne sensitivity gum & enamel relieves sensitivity, helps restore gum health, and rehardens enamel. i'm a big advocate of recommending things that i know work.
11:14 am
- representative! - sorry, i didn't get that. - oh buddy! you need a hug. you also need consumer cellular. get the exact same coverage as the nation's leading carriers and 100% us based customer support. starting at $20.
11:15 am
consumer cellular.
11:16 am
we moved out of the city so our little sophie could appreciate nature. but then he got us t-mobile home internet. i was just trying to improve our signal, so some of the trees had to go. i might've taken it a step too far. (chainsaw revs) (tree crashes) (chainsaw continues) (daughter screams) let's pretend for a second that you didn't let down your entire family. what would that reality look like? well i guess i would've gotten us xfinity... and we'd have a better view. do you need mulch? what, we have a ton of mulch. when i was his age, we had to be inside to watch live sports. but with xfinity, a literal ton. we get the fastest mobile service and can stream down the street or around the block. hey, can you be less sister, more car? all right, let's get this over with. switch to xfinity mobile and get the best price for 2 lines of unlimited. just $30 a line per month. i should get paid more for this. you get paid when you win. from xfinity. home of the 10g network.
11:17 am
stuart: president biden responded to the rebellion against putin. gillian turner joins us from the white house. what did biden have to the say about it allsome. >> reporter: well, stu, yesterday the president took to the white house microphones to insist that the u.s. playeded no matter whatsoever in the failed mutiny undertaken by the wagner if group inside russia over the weekend. take a listen. >> we made clear that we were not involved, we had nothing to
11:18 am
do with it. this was part of a struggle within the russian system. >> reporter: the president also insisted that as he goes forward now, his number one priority is going to be the staying in lockstep with the ukrainian president, zelenskyy. >> no matter what happened in russia, we, the united states, will continue to support ukraine's defense and its sovereignty and its territorial integrity. he and i agreed to follow up and stay in constant contact. i'm also in constant contact with our allies to maintain our coordination. >> reporter: now, the president's national security team is focused on gauging putin's intentions when it comes to the his military's arsenal of nuclear weapons. john kirby here at the white house tried to reassure reporters on that front yesterday. >> we've seen a lot of reck reckless rhetoric coming out of the russian side. we watch it closely. we just have seen no indication that mr. putin has any intention of using nuclear weapons inside
11:19 am
ukraine or anywhere else for that matter. and i can assure you, we have done nothing to change our own strategic deterrent posture when it comes to that potential threat. >> reporter: the take here in washington many in reaction to all of this is that the weekend's events ultimately weakened putin's political standing inside russia and highlighted cracked in his iron-fisted control over the armed services. the white house, for their part, is focused on how all of this could ultimately help ukraine on battlefield. back to you, stu. stuart: gillian turner in d.c. thanks, gillian. russian authorities have dropped charges against yevgeny prigozhin, but putin blasted those responsible for the revolt and says he'll bring them to justice. laura baldwin is a national security and global affairs expert and joins me now. laura, is prigozhin -- pronunciation -- pri goes requesten, a dead man walking like so many people say he is is? >> not necessarily.
11:20 am
what we're seeing is a business partnership gone terribly wrong. remember are, russia is a kleptocracy, and at this point it's unclear whether putin or prigozhin is winning. what we do do know is that the, quote-unquote, punishment was exiling prigozhin to minsk which is the equivalent of being sent to the suburbs. i mean, belarus is not an independent country from from russia. so, you know, my experience with russia particularly at the cia is everything you need to understand goes back to a competition for resources and money among the oligarchs, and putin always takes a bit of that. so maybe his former caterer, prigozhin, wanted a bigger piece of the pie. stuart: can you tell us -- difficult to speculate about what might happen from here. we've got putin, clearly, his authority has been eroded to some degree the.
11:21 am
prigozhin is in belarus somewhere. the guy who runs belarus, lukashenko, has just said belarus is combat-ready. looks like a confrontation of some sort is coming up. how do you think this plays out? >> well, there's a billion dollars at stake here. that's9 what the wagner group generates projecting russia's interests overseas while maintaining putin's deniability. so i think we need to look externally at what happens to the wagner group's operations and also contracts in places like the middle east and africa. they make most of their money by fighting proxy wars often against the west as well as protecting blood diamond -- stuart: do those contracts now just go away? i mean, are they not going to be the operating in africa or the mideast? >> that's the big question. i cannot envision a scenario many which putin decides to pull back from those areas.
11:22 am
so the question is, will the wagner group be rebranded and/or subsumed by the ministry of deenfence in some capacity? either way, what's happening in ukraine has not been good for the wagner brand or the reputation of the already-fragile russian ministry of defense. i mean, the losses have been incredible. stuart: we're about to send another $500 million worth of aid, military aid, to ukraine including ground vehicles, ammunition for these high-mobility artillery rocket systems, anti-tank weapons. laura, i, i think this is a golden opportunity for the ukrainians to win, and ask by winning -- and by winning i mean push russians out of the territory they've occupied the last 16 months. why don't so many republicans want to join in this win effort? >> i think that those who are most informed join the
11:23 am
bipartisan efforts to back ukraine, on want kyiv to win because we absolutely as the free west cannot allow a dictator to win. putin isn't going to stop at ukraine. if he wins -- stuart: but could he, could the ukrainians win? >> absolutely. stuart: -- they're getting ammunition, the time is right, the russian army's demoralized. you think there's a good chance they could win right now? >> if we define winning as pushing russia out of the east, absolutely. if we define it as take crimea, that that's less certain. stuart: okay. a win is a win in my book with. thank you very much for joining us with your expertise, we appreciate it. >> thank you. stuart: sure thing. ashley's back with. 2024 candidate nikki haley -- ashley: yes. stuart: what's she saying about the white house response to the mutiny in russia? ashley: haley says president biden and vp kamala harris were,
11:24 am
quote, asleep at the switch. speaking to fox news digital, haley says the events in russia show the russian leadership is in a weaker position than the ukrainian leadership, and the situation calls for what she calls swift action including sending vital supplies and equipment to ukraine. haley said, quote, if co-presidents biden and is harris weren't asleep at the switch, we could be sending a real message just to russia -- not just to russia, but to the dictators in china and iran as well. but as we've seen, president biden continues to basically say the top priority is to establish the u.s. had nothing to do with russia's internal struggles. [laughter] stuart: all right. ashley, thanks very much, indeed. we better check that market, i see some interesting stories here. the dow's up 120, the nasdaq's up 80, s&p up 221 points. i call -- 21 points. i call that a solid gain for wall street this tuesday morning. coming up, meghan markle sent a handwritten invite to taylor swift to appear on her podcast. it was met with rejection. we'll tell you why.
11:25 am
what a contrast. william and kate look really good at the moment whereas hard ily and meghan are perceived to be, can we say awful in? neil neil sean, royal watcher, next. ♪ i got nothing, no magic words to stop your leaving ♪ ♪ tourists tourists that turn into scientists. tourist taking photos that are analyzed by ai. so researchers can help life underwater flourish. ♪
11:26 am
11:27 am
11:28 am
11:29 am
stuart: this is one of the popular moments in the show when mike murphy delivers his stock picks, and he's going to start with uber which he used to own. now he only owns a tiny fraction but he still likes it. >> still own it, still like it. yeah, i think the story with uber here, stuart, is they've come through this turn-around they had. they're laser focused on profitability, and they have a lot of different ways they're going to be able to generate revenue. of i think uber has the potential to be still around an $80-90 billion market cap, this has the potential to be around the $100 billion, 200 billion, 300 billion. i think there's a lot of room for uber to grow. stuart: all right. walgreens? what's so special about walgreenssome. >> if you look at the numbers that came out, they missed their earnings. the earnings were okay, were in line. the revenue was a miss. listening to the ceo, she talked
11:30 am
about the consumer being weak and that's why i they missed, and she talked a lot about people not going for the covid vaccine. that's why they missed. i think if you own this stock and you're relying on a ceo that was hanging her earnings on covid vaccines in 2023, you have to kind of question the direction of the company. i wonder how much of it has to do with shoplifting? if. stuart: would you buy it at 28? >> i would not. stuart: walk away from this thing? >> yes. stuart: snap. >> so snap is a company that's had a hard time getting any traction. it's stating -- sitting in this $10 is-11 range, and kids in the early 20s, they don't use facebook or anything to do with that. they don't use twitter or anything to do with elon musk. it's all snap all the time. i was at a concert this weekend, a will the of 18, 20-somethings, and it was -- [laughter] yes. stuart: what was it? >> with it was calvin harris and
11:31 am
tyga. stuart: did you have a good time? >> i had a phenomenal time. stuart: surrounded by young people. >> and my wife, yes. [laughter] stuart: they all use snap? >> snap and only snap. they don't use their phones for texting. their only way to communicate is through snapchat, so at some point i believe this company's going to figure out how to monetize this because he was a very large and loyal user base. stuart: what do they find so special about snap? >> i'm not on it, i don't know. maybe i should get on it, but it's all they use. stuart: okay. all right. on a sort of related note here, taylor swift declined a hand-written invite from meghan markle to appear on her spotify podcast. why did she decline? ashley: story of the day. one reason being bandied about is that the swift snub talk about the reluctance to engage in political statementses or controversy. she's been criticized for that in the past. another possibility is swift's
11:32 am
prior tension regarding streaming platforms. back in 2014 she removed her entire back catalog from spotify and a year later wrote a famously-cutting letter to apple slamming its shocking lack of artist compensation during a free trial period. but it's also possible, you know what? that the singer's trying to remain a neutral observer between the tensions between the sussexs and the rest of the family. stuart: stay out. ashley: yes. maybe a good idea. stuart: we're going to jump right back in here. william and kate, they are looking pretty good at the moment. kate played tennis with roger federer, and this is very much a contrast with harry and meghan. who are perceived to be, as i said earlier, just plain awful. a little strong, perhaps. neil sean is a royal watcher, and he joins me now. [laughter] neil, i can't see harry and meghan going back to britain anytime soon for anything, can you? [laughter] >> you're very naughty, stuart. yes -- the. [laughter] well, the problem that you have is now truly that catherine and
11:33 am
william are winning. yesterday prince william launched his new homeless charity which is a bid over the next five years to try to at least stem the flow. it's a bold move, let me tell you, and got off to a great start alongside a former spice girl, jerry hallwell, and we've had katherine popping up highlighting some of the good work out of wimbledon. she's a good friend of roger federer though and, of course, he obviously likes playing with her. and when you looked at it, you could see this was everything that harry and meghan are not doing. it's the positivity, it's great role model stuff and, more importantly, very positive messages out there. the counteract is all we now know about harry and meghan is the negativity. and recently are, of course, yesterday a famous talent agency in hollywood called meghan talentless. i think that's a bit harsh, but on the other side, i blame the
11:34 am
people who hired them. you gave them the money to buy the name. did you bother checking whether they could actually do anything? it's a double-edged sword, isn't it? [laughter] stuart: i'm going to get back to prince william doing this homeless initiative. that sounds awfully political to me, and he's not supposed to be involved in politics. >> i'm glad you mentioned that that, stuart, because that is something that's now slowly rising over here because of that. but what's interesting, if you look at the bigger debate, it's a huge problem as it is everywhere in the world. now, obviously, william, you know, stemmed this idea literally from his mother visiting homeless shelters at 11 years old. what's interesting here is perhaps he could cook through with the relevant people where politicians can't. as we know, politicians are not very well trusted in certain matters. people trust from prince william. so i believe he's genuinely thought this concept through. it's one that both has the backing of the king and the queen. and, you know, whichever way we may feel about it politically, we should applaud the fact that he's actually trying to to get
11:35 am
something going. is and wouldn't it have been great if both he and harry had worked on this project together? if would have been stew pen discuss, i think -- stupendous, i think. stuart: you're a royalist. i don't blame you. [laughter] i want to go to use a.i. at wimbledon story, they're going to use a.i. commentary, a.i.-generated audio and captions will be available on the wimbledon app. how does a traditionalist like yourself feel about that? [laughter] >> well, you know, i know -- this now may put you off coming over to wimbledon at my personal invite, stuart. this is a problem. champagne, strawberries and cream. [laughter] i've been to wimbledon quite a few times, and the bottom line it's the whole sort of englishness about it, the not gone down well. and when you think also the lawn tennis association club is the richest in the world, what heir saying is we're not using this on main matches, you know, the
11:36 am
big matches, just the outer matches which basically says for the lessers, we're not too bothered. [laughter] we'll try this. now, if it takes off, i perceive that you and i could be replace- [laughter] and also looking at the bigger picture, you know, i mean, it does sort of say this is the technology. but what a soulless thing. the great thing about any sports commentator and, you know, i'm not a huge sports fan, but such passion, such energy, a bit like yourself, stuart, into the broadcast. and when you're looking from that point of view into how the monosyllabic voice telling you, you know, 20 the-40, it's not going to the work. but they're pushing ahead and they believe people eventually will accept it. i'm not so sure. stuart: eventually. that's a long time frame on eventually. [laughter] neil sean, thanks very much for joining us. >> my pleasure. stuart: we told you about people picking up side hustles to make ends meet. a large portion of them now think they'll always need that additional job.
11:37 am
going to get into that. if you plan to barbecue on july 4th this year, be prepared to pay more. oh, no, here we go. we always have these stories, every year it goes up. griff jenkins breaks down the price of your backward -- backyard barbecue next. i'm going to give him a hard time. ♪ i want some hot stuff, baby, this evening ♪
11:38 am
11:39 am
11:40 am
11:41 am
stuart: we do these stories every single year whether it's for christmas, nine lords a leaping, or july the 4th. here we go. the fourth of july, a week away. families can expect to spend more on holiday staples for this year's cookout. it's like this every year. but griff jenkins, he's grilling up his favorites in his backyard. [laughter] all right, griff, how much more is it costing you this year than last year? >> reporter: well, stu, you'd
11:42 am
better bring your wallet. now, a little bit of good news. it's about 3%. cheaper to feed a family of 10 this year from last year. last year was $69.88 average. it's $67.73 this year. down 3%. however, it's 14% more than it was two years ago. a chief economist here for the american farm bureau federation, and i'm trying the feed him although i'm not sure my cooking is good enough. roger, walk us through some of the increases and decreases we're seeing. >> yeah, griff, there's been up and downses. ground beef is up 4%, we've got droughts affecting supply chains. pork is down 6% but still way up from two years ago. chicken is down 9% thanks to an easing of the pathogenic influenza, the highly pathogenic avian inflew if went sa that affected us last year. >> reporter: and, by the way,
11:43 am
the american farm bureau's been sampling the same items for more than ten years. >> it's a tradition. our member-supporters, volunteer, they go out and collect these from supermarkets and online when they can't go to the store, and they found that the strawberries are up 3% from last year and cookies are down 10%. the makings for potato salad are up 5%. hamburger buns are up 17%. >> reporter: wow, up 17%? why is that? >> i think it's just an example of some of the differences in the survey from year to year. our members, a lot of them go the rural stores, and sometimes they're facing higher prices than other place, and it varies from year to the year. >> reporter: i see lemonade down 16%, that's got to come in as good news. >> lemons are down. >> reporter: yeah. for beer as well in. >> i don't know about beer, we don't serve any beer. [laughter] >> reporter: all right. let me go back over here. one last thing to leave you with and that is independent of the american farm bureau, we did
11:44 am
look up usda, beef's up 4%, hot dogs up nearly 2.5%. and, by the way, i've got this ribeye cooking for you, stu, so come on over as soon as you get off work. stuart: about 17 minutes' time. griff, you're all right. [laughter] that was good stuff. thanks very much, indeed. griff jenkins. all right. from barbecue -- of course, we're going back to pizza. why not? barstool sports' founder dave portnoy, we're going to do it again, fired up about new york's plan to crack down on coal and wood-fired pizza. the sound bite is so good, we're going to run it for you another time. five times in a row. here you go. >> do you know what's going on in new york? you got rats, you got trash in the city, you got [bleep] cars, planes, private planes, you got people getting slashed on the subway. you got flash mobs robbing stores. and you're coming for coal oven pizzerias?
11:45 am
you think shutting down, like, 10-15 pizza places is going to make a [bleep] difference? just shows you how [bleep] stupid some politicians are. you're going to come after pizzerias for [bleep] global warming? are you [bleep] nuts? leave the [bleep] pizzerias alone. stuart: okay, i think we got the message from that, i really do. [laughter] mike murphy looking stunned as he was watching. what do you think of this. >> he's spot on. he's from boston, so we'll put that aside. he's 100% right. he doesn't even talk about the migrants, the tents, the homelessness, he didn't even get to that, but he's 100% right. whoever's voting these people in need to take a good look in the mirror and get some people in charge who can make good decisions. pizza is one of the best things about new york. leave it alone and focus on the real problems. stuart: just wait until all of these office buildings around here have to go through an energy audit from the government. ashley: oh, my gosh.
11:46 am
stuart: that's a couple million to fix that, that's coming down the pike. pizza. all right. ashley -- ashley: yes? stuart: we talked about more people, picking up side hustles. second jobs. i'm told that some of these second job side hustles are becoming permanent. ashley: they are, and the research show, by the way, the part-time side hustle becoming a fooskt life. research shows 53% of again gen-zer's now have a second job, 40% of gen-xers. that's a lot of people. a bankrate survey says many people who take a second gig do so because their full-time job is not covering their expenses. another 44% of side hustlers believe they'll always need another job with, especially those in the service industry, and the conclusion is low paying jobs and a hike in unemployment and job insecurity could all make it harder for people to save in the long run. and that's why more people are basically becoming dependent on these second jobs.
11:47 am
stuart: yeah. ashley: i say good for them because there are so many people in this country who don't want to do one job. stuart: exactly. get out there and hustle, that's what you've got to do. >> and a lot of these second jobs may be in the home, so it's a lot more readily available. stuart: all good. let's get to the market and show me the dow 30 stocks, please, sense of how we're trading today. a lot of buying. we've got 7 losers and 23 winners, and the dow is up 157 points. next case, a recovering addict claims san francisco is just a magnet for drug addicts. he says addicts know they can get high, get a free tent and get money from the government. we'll tell you all about immaterial, it's next. ♪ no shoes, no shirt and no problem ♪
11:48 am
- this is our premium platinum coverage map and this is consumer cellular's map. - i don't see the difference, do you? - well, that one's purple. - [announcer] get the exact same coverage as the nation's leading carrier. starting at $20. consumer cellular.
11:49 am
11:50 am
bridgett is here. she has no clue that i'm here. she has no clue who's in the helmet. are you ready? -i'm ready! alright. xfinity rewards creates experiences big and small, and once-in-a-lifetime.
11:51 am
stuart: 45 have been arrested many san francisco within the last two weeks. this is all part of the city's crackdown on open air drug markets. the problem is, only 3 of those 45 arrested were actually from san francisco.
11:52 am
tom wolfe joins us, he's a recovering addict turned activist. tom, you say, look, san francisco seems to me to be a magnet for drugs and homelessness. how on earth can you possibly turn that around? people are coming to san francisco from all over the country, all over the world. >> well, you know, that's a great question, and that's the challenge we're being faced with right now. san francisco, you know, we have to have a combination of enforcement and a public health approach to try to get people off the street into treatment, but we can no longer tolerate 500 plus drug dealers that are working in broad daylight selling fentanyl on the street for as little as $5. it has become a magnet regionally for northern california. stuart: you want a health approach, a law enforcement approach. let me turn that around a little. went are we going to punish antisocial behavior in the street like defecating mt. street? like fornicating in the street? like taking drugs in the street? when are we going to introduce
11:53 am
an element of punishment? like, hey, you don't do that? >> well, you know, that would actually have to come from the state level because in 2015 we passed proposition 47 which decriminalized is and greatly reduced penalties for what they call quality of life crimes. so crimes like that are just misdemeanors now that are citable offenses where you get a ticket, if anything at all -- stuart: this's a gross -- that's a gross failure. >> yeah. there's definitely a correlation between the passage of proposition 47 and the spike in these type of quality of life crimes. shoplifting is off the hook as well, and that's one of the crimes covered under that and open air drug use. stuart: do you need an outside authority, sacramento or washington, d.c., to come in and impose controlsome. >> i believe we do. we need help from the feds, and so, you know, our congressman here, nancy pelosi, has called in the department of justice and
11:54 am
operation overdrive to come to san francisco to give us some federal help. we have not seen it yet, so it's kind of like a wait and see. and, you know, we've tried stuff like this in the past and it hasn't completely worked because we haven't sustainedded any type of operation for more than just a few weeks at a time. this needs to be a 6-month to the a 1-year thing in san francisco where we just send the message that we will not tolerate this anymore. stuart: yeah. a a hard message. tom wolf, thanks very much for being with us this morning, we appreciate it. thank you. >> thank you, stuart. stuart: i've got a case here of another office building many san francisco that sold well below its expected price. this is the commercial real estate implosion. ashley: yeah. and it's just going from bad to worse. 13-story building that used to be the headquarters of the state bar for california, it just sold for around $62 million. sounds like a lot of money. stuart: that building? ashley: yeah, that building. actually, that's about $23 million less than expected and appraised at. the commercial real estate market, as you i say, stu, continues to struggle mightily
11:55 am
in downtown san francisco. that, by the way with, the third downtown building to trade recently, far less than its value. last month another 22-story if building reportedly sold for about 75% less than its previously estimatedded value. that building in the financial district sits mostly empty today. what a waste. high crime, we know this, homelessness as you just discussed, surging drug crisis being blamed for the mass exodus of businesses, enough to get all the retailers as well out of downtown san francisco. stuart: that's called an implosion. ashley: it is. it's a mess. stuart: all right. time for the tuesday trivia question. it's a good one, and i do not know the answer. i'm not going to look it up either. how many blood types are there? 4, 6, 8, 10? ashley: 10? [laughter] stuart: i have no idea. absolutely no clue. the answer, of course, when we come back. ♪ ♪
11:56 am
11:57 am
. .
11:58 am
providing for your family is a top priority.
11:59 am
but what happens when you need affordable health care? christian health care ministries could save you up to 40% today. as a member, you can choose your provider without network restrictions. sign up at your convenience with our anytime enrollment. join a christian community that supports each other's medical expenses, offering peace of mind as you prioritize what's most important. enroll now at your chm dot org stuart: well certainly like to try to keep things simple, straight to the point. here we go. how many blood types are there. four, six, 18. >> i have no idea. go ahead. >> go with number four, 10. stuart: you say 10.
12:00 pm
>> 10? stuart: what have you got ash? >> i have no idea. i will go with six. stuart: six. why don't i chime in with eight? >> why not. >> why not. >> answer is eight. stuart: genius, baby. i will list them for you. a positive, a negative, b positive, b negative, o-positive, o-negative, ab positive, and ab negative. that is four you got me? >> we got you. stuart: thank you very much for being on the show. >> always a pleasure. great to have arc back here. stuart: great to have the man back in new york city. a glutton for punishment. don't know what he is doing here. that is it for "varney & company." "coast to coast" starts now. ♪. neil: all right. no matter what is going on half a world away in russia, our markets are focused what is going alon

53 Views

info Stream Only

Uploaded by TV Archive on