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stuart: world -- st. clair. not sure of the relevance to this but wait until you hear "my take". good morning, everyone budget is 10:00, to your money, the markets, we start with the dow down 60, s&p down 70, the nasdaq 84 points because the 10 year treasury is going up. that hurts the nasdaq. 10 year yield is up 5 basis points. watch out for oil, saudis saying they will extend their production cuts. that means oil goes up. $87 per barrel. the target for stocks going up as well. bitcoin struggling at $25,700 per coin per coin. that's the market and now this. it started with the

catastrophic withdrawal from afghanistan. i say catastrophic because the president's standing at america's standing went downhill from there. russia invaded ukraine, china, iran supplied drones to putin and now news that north korea's kim jong-un will visit moscow probably to work out a weapons for food program. china's xi jinping will not attend the g 20 summit. added all appended is clear the new world order is taking shape, its dictators against democracy, china, russia, iran, north korea versus america, europe, japan, it is a clear divide and america's weakness, biden is at the center of it. have enemies and rivals are unable to respond effectively to challenges. they jump into the power vacuum. they know three of four americans don't want him to run for another term. he is too old. they think they have him on the run.

hard to believe this new world order would have taken shape of donald trump was still president. last one. the first lady has tested positive for covid. the president leaves the day after tomorrow. coughed a lot of the speech, vice president harris could go. what do you think china or russia would make of that. second hour of varney just getting started. charlie hurt with me, charlie, i am coming on strong. do you think this new world order is the direct result of the afghan withdrawal. >> without a doubt and you are right to call it a new world order. it stems as you point out, stems entirely from this america last position of

weakness the president biden, and you are right about the fact that if donald trump had been reelected and was still president none of these things would have happened. this is the result in part because donald trump makes clear lines, people know where he is, world leaders work -- they were a little afraid of him, and kept of them in line. as for the war in ukraine that would not have happened had president biden not come in and staggered energy independence which increase the price of oil which makes vladimir putin a wealthy man, and went into ukraine. stuart: let's turn to the election, wall street journal polls 59% of gop numbers prefer

trump to be the party's nominee. he leads desantis by 46 points. >> i don't know the answer to that. it all goes back to what you said a minute ago. it is not just the new world order on global stage but the economy. when voters dismiss all of the controversy that surrounds donald trump and the media's portrayal of him and look at the issues, they love donald trump. donald trump is, he is on the 80, 90, 70% side of every big issue whether it is the border or crime or gas prices or the economy. any of these things donald trump is in the far, far majority of all these things. if they want to talk about all

the controversy the media tends to stir up about him, then you don't like him. i understand that. when it comes to the issues. as far as how these candidates close the gap between them and him, the more upset, the more difficult times become poor american voters, the more they separate the nonsense from the issues and focus on the issue and when they focus on the issues they like trump's policies and i think, obviously we see that in the primary and once we turn to the general election the same dynamic will happen in the general election. the more difficult things come for regular voters the more they focus on the issues, the more they end up liking donald trump. stuart: it is a fascinating election and it is historic.

thanks very much. back to the markets, some red ink about not catastrophic, the dow is down 70. nasdaq down 73. mike murphy, watch out. looks like we will gotta fed pause. is that what you're saying? >> markets pricing in better than 90%. they let these rate hikes be given their way through the economy. stuart: soft landing? you are not any honda must. >> i heard very smart people talk about definite recession. soft landing, hard landing. the fed's rate has raised rates 11 times and what they wanted to do, slow down the economy but there are underlying strengths, once the fed stops you can see the economy percolate a little bit and step up.

stuart: show me blackstone and airbnb, both up sharply this morning. they are, is this for sure they are going to be in the s&p 500? >> there is immediate buying that comes in. stuart: that is why they are up. would they be up, by the s&p 500. >> what we are seeing is buying into the markets. you have to now own airbnb so the money coming into the stocks, into the price but fundamentally doesn't change. stuart: you said we are in a positive spot. that is the stock market investors. if you told me are going to get 11 or 12 fed rate hikes that is

a scary place to be. the tail end of that, one or two more i don't know. and all things considered -- >> i on a sliver of blackstone but don't think it was you who recommended it. thank you very much. it has gone nowhere. stuart: lauren is looking at the movers. lauren: they boasted out look at the china plant, a thousand has low, 64,000, the retail of the plant. stuart: a lot of oil companies. lauren: number 2 on the dow jones industrial average, saudi's extended there 1 million per day production cut. takes you through the end of december.

stuart: manchester united, do you have the story? >> the glaser family may not sell the club, they did not get the asking price of they wanted. speaking about it, buying the club for $6 million, reportedly they retained ownership. stuart: down 20%. %. there's a trend story here, the warehouse is using humans alongside robots, humanoid robots. is that right? lauren: the robot looks like a human more or less, it stands upright, arms and legs. i called him co-bots. you might need a break every couple of hours, the humanoid robot does too. everyone to two hours they have to recharge. you are looking at apollo, the humanoid robot, 5'8 quote, 55

pounds, they are used in warehouses. making a human being's job a little easier and expected to be viable, starting in 2,025. stuart: what did you call them? co-bots. lauren: like everyone having a professional -- personal assistant. stuart: we will get to that point. will we see robots become more commonplace? >> i think so, 100%. stuart: charged up with artificial intelligence, we will see more of them. >> too intelligent they may want to work from home. not going to be displacing too many humans. this one is for you. it is a trend. growing number of storeowners all across america are using that to fight crime. uc it there. lauren: once an alarm is triggered, the burglar tries to

get in the store, it will flood the store so thieves can't see a thing. >> this is really an overnight deterrent for the huge smash and grab when going to the retail stores on mass. some retail stores will do that during the day. the beauty is it is a dry, dense fog that is denied. you can't see it to feel it. lauren: you can't see it to steal it. you get so disoriented you run out. it is another tool in the retailers toolbox as retailers have lost more than $86 billion to retail thefts. we know those numbers have gone up and will likely continue to go up. lauren: $86 billion last year. lauren: expected to be $115 million. stuart: thanks. a new supersonic jet could get me from london to new york in 21/2 hours.

there are growing calls for term limits and competency tests for politicians. chad program has that story from capitol hill. some in the liberal media claim the president has been tougher on president biden that he deserves. watch this. >> the biden administration there is this -- on the part of the press to reassert a standard of objectivity. on certain measures he's probably right. he has been covered probably tougher than he deserves. stuart: media watcher brent bozell will take that 2 pieces after this. ♪

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stuart: the dow is down 102 points, nasdaq down 60. them in the media trying to claim coverage of president biden has been tougher than he deserves. watch this again. >> i think biden has, every president suffers upside down approval rating is going to mount about the media and there is some truth to it with the biden administration, in this desire on the part of the press to reassert its standards of objectivity. on certain measures he is probably right. he has been covered probably tougher than he deserves. stuart: look who is here, brent bozell watches the media for a living. tougher coverage than he deserves? >> let me give you some numbers. i want to stress nothing i'm

about to say has been disputed. the new york post reported that hunter biden had taken $20 million from the ukrainians, ukrainians, russians and the chinese. news coverage 0. on june 8th, fox news confirmed biden had taken $5 million from burisma, network news coverage, 0. james comeer said the biden family had been hiding this money from 20 llcs while not showing what performed for $20 million, news coverage, 0. august 17th, the new york post showing president biden was using the robert peter alias, 0. the same day james comeer released his report showing president biden was using numerous aliases, network news coverage, 0. the story came out of a voicemail from hunter to joe saying, quote, i think you are in the clear. network news coverage 0.

july 27th new york post confirmed the big guy, alias, confirmation in the laptop where biden was going to get 10%, network news coverage 0. hunter biden's business partner, why would he be in the white house? 19 times confirmed that network news coverage, 0. my favorite, mark zuckerberg comes out and publicly declares the fbi put pressure on facebook not to cover the hunter biden laptop story, which censorship cost donald trump the election. network news coverage 0. what was the impression about them being too tough? stuart: i will move on to this. op-ed in the new york post, nonstop media bias from russiagate to the biden crime family cover-up, the media has been playing defense for biden. we've got the report right

there. any signs at all that things are changing get, they've been after them for his age and infirmity. is that a sign of change on the part of the media? >> simply go back to everything that was said. ask your self at what point would they have started live coverage like brett kavanaugh will with everyone of these touch points it would be breaking news. the same would have applied had it been george bush 23, ronald reagan, richard nixon my any republican would get this coverage. what i just gave you, ten different inflection points all of which -- this will continue. this man is accused of evidence of bribery, taking bribery from the chinese government, the moral enemy of the united states and working through his son when he was vice president.

if they can't cover that, his age is irrelevant compared to the fact that real crimes have i think been created, have been committed for which this man should be going to prison. stuart: you covered it extensively and that was pretty good coverage. senate minority leader mitch mcconnell returns to capitol hill, chad pogrom, tell me about these calls for mental competency tests. >> this is the first day mitch mcconnell is slated to be back in dc after his most recent health scare, the senate has been a recess for five weeks, most republicans stand. >> he is sharp and shrewd, understands what needs to be done. i will leave it to him how he will discuss that with the american public but no doubt in my mind he is capable of

continuing on on that state of the game. >> reporter: around says mcconnell told him he need to watches hydration levels, most republicans support mcconnell but it would only take five republicans to call for a special meeting to evaluate mcconnell's leadership. so far mcconnell has the votes to hang on. other gop members are worried about someone else. >> the one that deserves our attention at the top of the list is president biden who is to be the leader of the free world and when you see president biden struggle with words, with days, with times, with places, then it drives home. >> reporter: hard for republicans to criticize the president when their own has issues. president biden has joked about his age as we approach 2024. >> president biden: oh. i tell you what.

someone said that biden, he is getting old. i tell you what. the only thing the comes of age is a little bit of wisdom. i have been doing this longer than anybody and guess what, i am going to continue to do it with your help. >> reporter: the senate meets today at 3:00 pm eastern. it is unclear mcconnell will make the customary opening remarks. some senators want mcconnell to explain what is going on. >> reporter: thank you very much indeed. mike murphy with me. my opinion is biden poses a national security problem. if he is incapacitated we have president harris and that is a problem. >> let me start by saying i root for the president of the united states. i would like for the president to do a good job. when you look at president biden and where he stands from a health standpoint, it wouldn't be shocking at all to

anybody if he were, leading up to the election, displaced by kamala harris. that's not good for the united states of america, she hasn't shown any form of leadership in anything she is done. i would like this to work out well for you, for me, for all americans but we are in a tough position and i think voters have to think about that when they vote. stuart: the voters walk out. the administration wants new jersey to house illegal migrants at an airport in the state. governor phil murphy is warning the garden state doesn't have enough resources take these migrants in. the us consulate in mexico tells staff to shelter in place. there has been rampant gun violence in the area. we have that story for you next.

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( ♪ ) ( ♪ ) ( ♪ ) constant contact delivers the marketing tools your small business needs to keep up, excel, and grow. constant contact. helping the small stand tall. stuart: almost an hour into the trading session, dow was down 50, nasdaq down 46, a little bit of red ink but not that much. let's start with warner bros. discovery.

>> it should be up even though they revised earnings down because of the hollywood writers and actors strike. initially they thought everything would be resolved by september. it turned the corner, they expected to be $5 million. >> stock went down 3.5%, 2.5%. next is intel. >> they say they will make chips for the semiconductor, $300 million partnership. this is weeks after the company said they were trying to merge because china blocked the deal. >> i want to get into the intel and your revised me against it. >> don't know if that is true but i advised against my intel. stuart: thank you. alumina, i know what they are, jean sequencers.

>> they have a new ceo, david tyson who comes from a diagnostics company adjunct. four months after the last ceo departed in a board and in discontent, i can't figure out by the stock is down. they about the cancer detection company braille facing antitrust head winds. maybe they don't think the ceo has the ability to face regulators. the stock would go up if that's not the case. stuart: let's get to the border. employees at the consulate in mexico close to the border, near the border were told to shelter in place. what happened? lauren: four civilians were killed at the mexican border town in texas, the clash occurred during an operation involving an investigation.

immediately after the killing, us consulate invesco told workers shelter in place because of the rise in gun violence linked to drug trafficking. in tijuana, the mayor literally put up a concrete slab on the left. the berlin wall from germany, the relic on the border with mexico and the united states, three ton slab that stands near part of a wall that is being finish, age abbott migrant policies. stuart: the berlin wall was built to keep people in. in addition to our border wall, exactly the opposite. there is something wrong here. the governor of new jersey, phil murphy, says his state can't afford to take in anymore migrants but the biden administer ration wants to use the airport as a shelter. jeff flock at the atlantic city international airport.

how many migrants can be housed? >> as many as 60,000. the atlantic city airport is not in atlantic city. it's near the harbor township, that had a population of 50,000, could get crowded. as you know, new york city is getting overwhelmed. with the number of migrants just overwhelming places they have to put them. according to bloomberg, the biden administration has given new york city officials a list of 11 federally owned sites where migrants go. atlantic city being one of them and that set off a firestorm of protests in atlantic city, nearby communities and the governor himself who called new jersey a sanctuary state but

sanctuary costs money. governor murphy, i don't see any scenario where we are able to take in a program in atlantic city or anywhere else in the state, an anonymous amount of additional support and resources. a lot of people calling on the governor to be opposed to this and get on the horn with the president and say we are both democrats but i can't handle this. here's what the congressman had to say. >> time for them, it is unacceptable. as they try to do it. stuart: a lot of people think work permits for migrants, that is what people call for. it is not the busiest airport.

it's not housed in the terminal, and the national guard fighter wing. stuart: i don't understand why democrats in sanctuary states don't turn to the president and say stop them coming. they just want the money. thanks very much, we will see you later. this is a new drones that could help secure the borders, called the vision drone, and eagle aerial systems that makes these drones. tell me quickly if you can, what does your drone do, cannot do at the border. >> a great drone fully capable, isr drone, long-range patrol, high endurance drones, apply for a long time that can image things.

and hopefully mountable gimble in full function, it is a cost effective way for miles and miles of it. stuart: how much is it, how much whether the drones currently in use. >> packages and upgrades goes for 65,000 -- stuart: yours is were surveyed us. looks down over a long period at the border. >> $12 range, deployable within 3 minutes, a live feed for 12 miles away. the effect of any border patrol agent, a view of what's going

down, road section or looking at something they see as an issue. stuart: i would imagine border patrol, and he talked with them. >> a great price point for the run reliably of intelligence gathering. >> do you make them in america. in wichita kansas. stuart: thanks for, we wish you the best of luck. >> there's a new just from london to new york in 3 and half hours. sounds a lot like concorde. details. lauren: the son of the concorde, the supersonic passenger jet since the concorde. the company helps carry people

by 2,029, 1300 miles p mph, twice the speed of the 787 from boeing. travel from there to new york, 3.5 hours. there are plans to go even further. here's the ceo. >> hundreds of roots around the planet, imagine getting tokyo to seattle in 41/2 hours, imagine getting from la to sydney in 81/2. they offer a big speed up for passengers, and both of those things are key for making this a viable. lauren: the company might send you to the other side of the world for a face-to-face meeting. stuart: i would like to know the price actually. lauren: i have no idea. it will come down eventually. stuart: you are skeptical. >> five years from now, maybe it will be a shorter time.

the number one concern for people at of speed is safety. there's a lot to prove. stuart: you like the concorde? >> no. too young. stuart: i did fly. now hundreds of schoolboard going after social media companies blaming them for fueling the mental health crisis and our children. we will tell you about that. the education secretary going on a back-to-school tour, highlight how schools are raising the bar in education but schools across the country still scrambling to hire teachers and bus drivers. grady trumbull has the full story next. ♪

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stuart: where are we on the market, the dow is down 100, modest loss for the nasdaq down 44, the s&p is down 16. modest red ink on tuesday morning. treasury secretary cardona will tally administer ration's record on education issues. grady trumbull with us. our national report card shows test scores at historic lows. what is he celebrating? >> the education secretary is talking about mental health resources, afterschool programs and investments in historically black colleges and universities while he is on that bus tour a bus driver shortage in school districts across the country is sending parent scrambling. that's one of the covid era education issues still plaguing schools. and other is learning loss

which a new study says could lead to earnings loss. a stanford economist says if pandemic induced learning loss is artery covered students could get $70,000 less compared to students educated just before the pandemic, equivalent to trillions when you add up everything a student. parents rights is a concerned this school year and it is becoming an election issue. some republican presidential candidates are campaigning are removing critical race theory, gender and lgbt q issues from school curriculums. republicans are making the case for school choice. >> florida has the largest most expansive school choice educational savings account program in the country by far, robust charter ecosystem and if other states want one to learn

from is that you put the policies in place. >> reporter: if all those challenges are not enough, school districts from pennsylvania to oregon are dealing with teacher shortages as well. important when you talk about education. stuart: very important. sarcasm is a low form of wit. we are still on education. 200 school boards filed a lawsuit against social media companies claiming they are fueling the mental health crisis. layout their case. >> reporter: meta, youtube but and tiktok's products presented as social have myriad ways promoted disconnection, disassociation and legion of resulting and physical harm to school districts wasted valuable time responding to the effect of social media, anxiety, depression, suicide,

it's an ongoing lawsuit, more districts signing onto litigation but it is a different approach, can a child through the internet is the big question? i don't -- all their points are valid. the surgeon general of the united states says social media is harming children's mental state but how do you hold the company -- accountable? stuart: don't see how you can possibly do that. any solution other than banning it for kids? >> don't think we can ban it. on the flipside, things like google, kids can figure things out, much quicker time than we could. there is definitely an uprising in the suicide and depression but can you put that solely on social media companies? i don't know that you can. if you monitor your kids you teach them the right and wrong

way to use things and hopefully a positive comes from it because it is not going away. stuart: doctor fauci wants us to mask up as covid cases rise. i the masks necessary, doctor marc siegel will join me in our next our. female athletes are being left in the dust thanks to work activists. she wants presidential candidates to pledge publicly to protect women's sports. she is next. ♪

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no medical interventions are taken while video includes two children speaking about how they view their gender identity, the video does not speak to treatment plans which kaiser permanentdoes not provide hormone treatments, and -- >> this video helps familiarize themselves with new terms like gender seasons, you can be a boy for half the year and be a girl for the summer half of the year. what about a gender previous, like a hybrid. whatever you want to be. it's a gender revolution the medical community is responding to in some cases facilitating and pushing. stuart: before my head explodes we will move on but thanks for the fine report. stuart: if you're running for president, pledged to protect fema athletes like me, macy

petty wrote that and joins me now. three candidates have signed that pledge, trump, vivek, and nikki haley. would you vote for any candidate who did not sign the pledge? >> i tell you, as a young voter i am looking for a candidate who will affirm basic truths, things like sex is binary, boys should play in boys sports. if you can't affirm these things, then maybe you shouldn't be the leader of the free world. stuart: what do you think of a previous transgender, gender previous, where, boy in the spring and a girl in the fall, what do you think? i just called it crazy, flat out crazy. >> it is utterly ridiculous. children as young as 3 identifying as transgender, these kids have no idea what

that means. their favorite color might not be pink but i certainly do not believe there are 3-year-olds or uncomfortable with their bodies unless there is an adult or somebody telling them harmful things about their body. stuart: quickly bring us up to speed on your personal experience. as a volleyball player you were called on to play against men transitioning to women. what happened? >> that is correct. when i was in my recruiting process i had to play against a boy who identified as a girl and what was supposed to be a female only league. watched a boy slam the ball in our face, female 7 inches higher, this was totally unfair and i was robbed of an experience where i got to show off my skills and compete for a scholarship. stuart: thank you for joining us this morning and repeating

your story. it bears repeating. come back again with more on what happened and what you want to see in the future. sorry it is such a short time, we will bring you back real soon. still ahead, let me say thanks to mike, sticking around for the hour. brian brennanburke on president biden claiming america has the lowest inflation rate and best economy in the world, tom homan on sanctuary states and cities blocking red states from busting in migrants and dock siegel on the silent answer, 11:00 hour is next. ♪ ♪

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