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tv   Varney Company  FOX Business  September 7, 2023 11:00am-12:00pm EDT

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ah, these bills are crazy. she has no idea she's sitting on a goldmine. well she doesn't know that if she owns a life insurance policy of $100,000 or more she can sell all or part of it to coventry for cash. even a term policy. even a term policy? even a term policy! find out if you're sitting on a goldmine. call coventry direct today at the number on your screen, or visit coventrydirect.com. ♪ ♪ oh, yeah, all right, take it easy, baby -- ♪ make it last all night ♪ stuart: thank you. thank you, producers.
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play it frequently, often a, all the time if possible, tom petty. the late and great tom petty. love that guy. i actually saw him in concert. one of the few concerts i've ever been to. i saw him in new york city. how about that? case closed. 11:00 eastern time. it is thursday the, september the 7th. look at the markets, please. the standout is still the nasdaq which is down 151 points. that's manager of an improvement, it was down 200 earlier. big tech, most of them are down -- take that back, stu, meta, amazon, alphabet up. microsoft, apple down, ins apple, off 3.6%. where's that 10-year treasury yield this morning? it is going up. that's a problem for the nasdaq. you're at 4.2 # 8% on the 10-year, up 3 basis points. now this. legend has it that when the british army surrendered to american colonists in 1781, the
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ban played the world turned upside down. the king of england was out. the republic was in. radical change, very hard to understand. i feel the same way now. we're asked to believe -- actually, we are told to believn choose whether they are boys or girls or anything else. oppose that, you're ad bad guy. remember when senator josh hawley asked a berkeley professor if a biological male could have a baby? she replied just asking the question encouraged violence. she didn't answer the question either. that really is the world turned upside down. crime? this is an prairiedinged with radical -- an area riddlinged with radical new thinking. the new theory is you are entitled to take what you need. only property is theft these days. how about dee fending yourself? be careful. it's you that may end up in prison. remember daniel penny? he defended subway riders, put a man in a chokehold, expect man died.
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penny was charged with second-degree murder. fossil fuels are bad, right in even though our prosperity has been fueled by oil, we must now turn ourselves inside out and get rid of it. gas-powered cars, gotta go. mobility used to be celebrated. meritocracy, forget it. equity is the rule now. guaranteed results. there's nothing brave about this new world. it's a retreat into inexplicable and dangerous, extremist theories. it is, indeed, a world turned upside down. third hour of "varney" starts now. ♪ ♪ stuart: okay. kennedy is with us this morning. i was momentarily looking at the music there. okay, am i just getting old if i say the world's turned upside town? am i just an old guy? >> get off my lawn are. no, that's not a get off my lawn
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statement because you're not blaming a younger generation of people for the fact that it is the topsy-turvy. nothing makes senseor rationallalty rules. it's the all about emotions and appealing the feeling, and that puts us in a very dangerous place. you know, everything is considered racist, and there was an interesting conversation between joe rogan and bill maher. they're both two avowed liberals, but they're the, like, this strain of liberalism is so hyperfocused on race that bill maher compared it to the kkk which was also hyperfocus on race. and when you have a society that that's that imbalanced, it's hard to function. and it's much easier for parts of society to break down. and at some point we have to keep talking about it because we have to get back on a rational track. we have no choice. stuart: yeah. we've got to get -- we've got to put the world right side up. >> yes. stuart: and i'm just not being a reactionary. >> no. that's a very neutral, objective point of i view radio. it's crazy that some point of
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view would say that's somehow fringe or extremist. it's not. you're asking for normal. i think that's a fair ask. stuart: got it. president kamala -- vice president kamala harris said she is ready to take over for president biden if he's unable to serve. roll that tape. >> yes about the president -- questions about the president's age often go hand in hand about how you would step in the role, if necessary. do you feel prepared for that responsibility? >> yes. but let us also understand that every vice president, every vice president understands that when they take the oath, that they must be very clear about the responsibility they may have. to take over the job of being president. i am no different. stuart: kennedy, do you think the country is ready for president harris? >> no. they weren't ready for president harris when she ran for president and dropped out before the iowa caucuses. she's not ready.
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the president is frustrated with her. her staff has been in somewhat of a slow-going open revolt over the last couple of years. she's had very high turnover. you talk about equality of outcomes, her outcomes on what she's been tasked with have been failures. you have a democrat mayor in new york city who is begging this administration to help9 with the migrant crisis because there's not enough room in hotels, there are not enough social services in the biggest, most prosperous city in the country. you know, the schools cannot accommodate these children, and the federal government is doing nothing. she was the one who was tasked with heeling the border and, you know, she was going to get to the root causes. and that's a lot of chin stroking, and i guess a lot of delegation. someone else must be doing it because she certainly is not. stuart: the democrats would surely mean heaven -- move heaven and earth to top her from being vice president, but i don't see how you can do that. >> no, because she has this
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jennerer and racial shield -- gender and racial shield that if you take issue with anything that she's done whether it's her ability to communicate a simple idea which she is laughably unequipped to do or, you know, her follow through, her basic communication skills. whatever it is, you are called a racists misogynyst. and, you know, that's unacceptable. we have to hold all of our elected officials, especially the president and the vice president, to the veriest standards. and you can't -- very highest standards. and you can't do that when someone can skirt their way around criticism by virtue of their immutable characteristics. stuart: kennedy, thanks for being with us. back to the markets, the dow industrials up 50 points but the nasdaq still down about 140. dr barton with us this morning. can dr, google's in court, amazon faces an antitrust lawsuit. does big tech now face legal risk? >> i believe big tech has faced legal risks all along, stuart.
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we've talked multiple times -- [laughter] about our beloved microsoft. and notice if i'm saying our now. and back in the 2000s microsoft made it through the a really rough patch of legal antitrust issues, has come out the other side stronger. so i think we're going to continue to see these things. what i'm heartened by is how amazon has picked up since this was the announced, that it could come later in the month. so that tells me that the case may not be that strong that they're bringing right now. stuart: or that if it did break up amazon, it would be worth more in parts than the whole. that's entirely possible. could be the same for google too. >> yeah, that's your excellent business school and economics training coming out, stuart. [laughter] you know, we often say that, that the parts -- once with we see transparency of how much individual parts are worth, that
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the whole then becomes a lot more valuable, can and i'm hanging on to my amazon. and i believe that google will get whipped around a little bit in all this, but with their strong a.i. presence i think this is just a bump in the road for them right now. stuart: got it. there's one stock which you point out you particularly like at this point, kroger. tell us all about it. >> yeah. we've been talking about the last couple of weeks, stuart, you and i about investing in real stuff. and grocery stores are real stuff. they sell the things that that people need. kroger is one of the best out there, the very well run. they're going through a consolidation now with albertson's. they're going to announce earnings tomorrow, and i think we're going to get some nice if upside surprise there. they've got a 10% pullback to a good place to buy right here,
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and i like their dividending they're throwing off still about a 2 2.555% dividend -- 2.5% dividend while we wait for them to grow some more after their consolidation. a real grocer. stuart: i'll take the dividend and some capital gain withs. throw it in as a dessert, i'll take it. t. the r., thanks very much, indeed. lauren's back looking at the movers, and meta is moving up. lauren: really an outperformer or in tech today. morgan stanley thinks that reels will help meta generate $20 in earnings per share by next year. it drives engagement and ad a dollars. we're also showing you paypal because meta and paypal have linked up to allow donations on the site. stuart: tell me about roku, because i think it's down today. lauren: yeah. luke capital cut hem from buy to the hold. they're worried it's less investment, meaning less revenue growth. stuart: uh-oh. peloton, sued? who's suing? >> a mom whose adult son at # 32
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years old was injured and died when a peloton bike with fell on him. it hit his carotid artery, instant death. we've seen many instances of injury and sometimes death from peloton products. this just adds to the list. stuart: all right. thanks, lauren. oh, one question for you, which of the streamers is losing the most viewers? if. lauren: i was shocked by this, it's netflix. it's a you are survey of 2,000 people, and 37% of those people said netflix was the service that that they canceled over the past three months. 24% said hulu, 202 said amazon prime -- 20%. why would netflix be number one? maybe the password-sharing crackdown. maybe this is just what people say, not actually what they do. but i think all of cable, traditional pay tv should probably be worried because so many people are cord cutting all around. so you just pick a different
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service, do disaffiliate, then resign up as you wish. stuart: you juggle around your tv e preferences, and some get cut. thanks, lauren. covid guidelines for thee but not for me. president biden sending mixedals after he flaunted not wearing a mask. watch. >> they keep telling me because this has to be 10 days or something i've got to keep wearing it, but don't tell them i didn't have it on when i walked in. stuart: how come biden can pick and choose, but children in school cannot? we'll try to the answer that one. biden keeps talking up bidenomics, but what do people really think about biden's economy? fox digital across the country asked people how they feel, we will show you the results. the economy is growing at a 2% pace, but we have a $2 trillion deficit. it's the world turned upside down. what are we going to do about it? i'll put that question to senator mike bruin next. ♪ >> senator mike braun.
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stuart: president biden keeps on saying he has cut the federal budget deficit. hillary vaughn joins us. hillary, don't the numbers paint a very different picture? >> reporter: stuart, they do, but it's still one of president biden's favorite things to brag about, cutting the deficit after billions of dollars in covid spending automatically expired under his watch with. but that does not mean that president biden has been a penny pincher. he's actually been a big
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spender, and now the u.s. budget deficit is projected to trouble this year. the committee for a responsible federal budget says the difference between government spending and revenue is jumping from $1 trillion to $2 trillion for this fiscal year that ends september 30th. the group says the reason for the jump, inflation, higher interest payments on debt and a drop in tax revenue. but president biden still feeling good about the economy under his watch. >> it wasn't long ago that 20 million people were out of work here in america, 20 the million. but the american people and american workers didn't give up. today we have the strongest economy in the world. let me say that again. today the united states has the strongest economy in the world. >> reporter: but critics say president biden boasting about the big drop in the deficit is not worth bragging about. >> he's using covid to, you know, create weird statistics. if you use the covid shutdown
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and the terrible thing that fauci did to our economy -- [laughter] then biden can certainly say, oh, well, there was a bigger deficit during covid, you know, and now it's smaller, but that's not even true. he's spent so much money this year that, yeah, we're going to be around $2 trillion in debt. >> reporter: stuart, all this is happening as we're increasingly head towards a potential government shutdown unless congress figures out a deal on how much money they're going to spend. of course, democrats want to spend a lot more even though we don't have the money to pay the bills that we have right now. stuart? stuart: don't hold your breath, hillary. senator mike braun, republican from the state of indiana, joins me now. mr. senator, the economy's growing at, what, about a 2% pace? but we have a $2 trillion deficit just as the economy is growing a little. that, to me, is the world turn thed upside down. it's just not supposed to be like this. what are we going to do about it? >> height of hypocrisy when you caused all the issues in terms
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of creating the deficit and then you brag about bringing it down. the whole bidenomics thing is a house of cards built on a sugar high economy. what you didn't hear there is we're supposed to be to running $2 trillion deficits for the next 101 years. biden ooh's -- 10 years. biden's got a budget that puts us $52 trillion in debt in 10 years. imagine what the cost of interest is going to be. we've only seen the beginning of it, and they can't get by with bidenomics doing anything but replacing what was a real working economy pre-covid. the political enterprisers, the same ones who incentivized workers to stay home and watch netflix for up to a year, they can't brag about anything in this economy. it's a sugar high economy that we're going to start paying the price for. we already are if you really dig into the numbers. stuart: the way around this is presumably cut spending, maybe cut taxes, say you're putting some money into the economy and you're getting a boost from that. would that be a way around it?
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>> it'd certainly be a way around it, but this is no one here that has authority -- there's no one here that has authority that's interested in doing any of that. sadly, there's a combination on both sides of the aisle that get us here. the democrats are unapologetically spenders and borrowers. they need a few others to go along with it. this is a growth business, and they're going to keep pushing it. be careful, the economy has come off the biggest level of government as a percentage of our gdp which looks like it's going to stay there. that's not the way it should be working. stuart: you're pushing for a federal ban on my new mask mandates like in schools or on airplanes. you've got a lot of people cheering you on in this studio, sir. tell us about it. >> well, they're cheering everyone on. sadly, just four of us have gotten on it. but these political enterprisers, look what they did before. we want to get them on record of
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either voting for it or against it. and look out. the stuff they did during covid, which is mandating not only mask wearing, vaccines. it was my office that had to weigh many when they wanted to force vaccines on every business down to 100 employees. thank goodness the supreme court weighed in. don't put anything past 'em. we're going to get them on record on this one. stuart: do you think there really is a threat of more mandates, mask mandates? do you think it's really out there? i just get the impression that people are just not going to go for it no matter what. >> i don't think throughout the country they're going to go for it, but don't put anything past these political enterprisers. they find out a way to do it and then try to to the whitewash it, and i want to make sure that that doesn't occur. let's get 'em on record, then we'll know where they're coming from. stuart: senator mike braun from the great state of indiana, thanks for being with us this
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morning. >> good to be on. stuart: yes, sir. president biden jokes about not or wearing his mask even though he was exposed to the first lady who had, indeed, tested positive. ashley, what exactly did the president say? ashley: well, he sent some very confusing signals when he walked into a white house event holding, not wearing, a face mask. take a look for yourself. >> to being plain to the are press, to i've been tested again today, i'm clear across the board. they keep telling me because this has to be 10 days or something i've got to keep wearing it. don't tell them i didn't have it on when i walked in. ashley: so i know the rules, i'm just not going to play by them. so after biden spoke for about 10 minutes, the president left the room with his mask, by the way, still in his hand, not over his face. the cdc does advise individuals who are close to someone infected to wear a high quality mask when indoors for 10 days in addition to testing and
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monitoring for symptoms. but his presence without a mask actually motivated karine jean-pierre who just minutes earlier had says mr. biden, quote, is going to be masking in this 10-day period. apparently not. stu. stuart: thanks, ash. i see some green for the dow jones industrial average right now, up about 25 the points, but we're still deep in the red for the nasdaq. big tech companies mostly sharply lower. technology across the board is down again today, down 155 on the nasdaq. coming up an a a.i.-generated song featuring the likeness of drake and the weekend has just been submitted for song of the year at the grammyss. that's a good story and we've got it. steve moore says biden is crushing the american dream of owning a home. steve is next. ♪ hey now, hey now, don't dream it's over. ♪ hey now, hey now, when the world comes in -- ♪ they come, they come to build
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stuart: where's big tech this morning? it's a mixed picture. the stand theout company is apple which is down 3%.
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it's coming back a little, because of problems maybe with expansion and the iphone stoppage in china. they may expand the number of people who are not allowed to have an iphone. next case, people from all over the country just graded president biden on his handle of the economy. ashley, overall do they think bidenomics is working? ashley: no. grades with did vary though from a straight f to someone who thought, yes, an a. i'm not sure what that was about. take a listen to some of these comments. >> way too much credit for what they're giving. we're a small business owner, and we've got hit since he's taken, and it's hurt used bad. and it's just terrible, the way everything's going. >> i am so surprised by the lack of commentary from people about the fact that whoever is leading this country after covid, service going to be difficult. it was going to be difficult. >> i don't think he has the everyday people's best interests in mind. everything's gone up,
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electricity, groceries, fuel, housing. everything has gone up, and there -- it's getting to where we can't afford to even -- taxes have gone up. ashley: well, and the list goes on. by the way, a "wall street journal" poll published earlier this week found that 63% of voters do disapprove of the president's handling of the issues certainly of inflation while 59% disapproved of how he's handled the economy overall. so those polls have been pretty consistent. people are not happy. stu. stuart: he is swearly underwater on that one, on inflation, for sure. ashley: yes, he is. stuart: thanks a lot. look at this headline, biden keeps crushing the american dream of owning a home. stephen moore wrote that, he joins me now. i can see how biden's responsible for all this huge spending and the runup in interest rates, but surely the federal reserve has to take some of the blame as well. they were out there printing trillions as he was spending trillions too. they're both to blame, right?
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>> yeah, good point. you get an a in economics today. you've got it exactly right. [laughter] they share the blame. but i think that the trigger point for the high inflation, clearly, was the $6 trillion spending spree that biden launched the day he got into office. and then, of course, the inflation -- remember, you probably remember this well, stuart, but the inflation rate was 1.6% when trump left office. then in the summer of this time last year we were at 9%. now, the good news is it has come down, i think we're somewhere between 3.5-4% with inflation now, but that forced all of these interest rate hikes. now, here is the thing that i was writing about in my column that's on fox news which is that when you look at that big increase in the mortgage rate which was 1.9% when trump left office, now the mortgage rate is 7.1% nationally, that -- let me just give you an example. let's say you want to buy a median-priced home in america today, stuart. the average home roughly
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$450,000 for a new house. because of those higher interest rates that are now in place today versus two and a half years ago, you know how much more you're going to have to pay over a 30-year mortgage? take a wild guess, stuart. stuart: over a 0-year -- 30-year fixed rate in probably $100,000? >> $150,000. so that means that has a negative effect on the home buyers and the home sellers. i'm very worried about the housing market right now, stuart. i think people should be paying attention to this. all of a sudden people are realizing that the value of their home down. now, you may say, oh, that's good, because it makes housing more affordable, but it doesn't because you're going to pay a higher interest rate. i know people -- i just talked to a friend the other day who says she has about a $700,000, she had to mark it down by almost $100,000 because all of a sudden the buy oriers can't a
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afford to buy a new house. it's a bad trend. stuart: ooh. next case, we've got this one: the administrations has just canceled seven oil and gas leases in alaska. [laughter] why on earth would you limit the future supply of oil when you've got a supply shortage now? i don't fete this -- get this other than this is all about the greens, isn't it? >> yeah. well, there's a very simple explanation, stuart. we're not going to get the oil from alaska, we're going to get it are from venezuela. [laughter] i'm making a joke here, but it's the not a joke. biden basically wants to get more oil from venezuela which, by the way, has the dirtiest oil and about -- maduro has about the worst human rights violations in the world. yet we're not going to get it out of alaska, texas, north dakota. none of this makes any sense. now, we are estimating, by the way, that because the the price of oil's now -- see it on the screen, $87 a barrel, that meane the bearer of bad news, but we're looking at another 25-50 #
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cent increase in the gas prices in the next month or so because those oil prices are going to filter into the price you pay at the pump. so the idea that somehow we've conquered inflation, no way we have. and this is playing right into the hands of putin and the opec countries. stuart: how on everett will pride -- earth will president biden explain $4 gas on the campaign trail? what on earth is he going to say? i don't get it. >> well, i know what donald trump is going to say. krill, baby, drill. stuart: yeah. [laughter] >> unfortunately, this is going to cause a lot of pain at the pump. but we could easily, look, if we just got back on the trump baseline of drilling wherever we can in a a responsible way, we could be producing 2 million barrels a day more. that means we could save, if my math is right, about $150 million every day, every single day, stuart. this is doing no good for the economy, and it's playing right into the hands of peck if and the russians -- of opec and the russians. stuart: it's a gift to them. steve moore, thank you very
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much, sir. keep writing those great columns, love are 'em. thanks very much. ashley, i want you to come back and answer a question. there he is. ashley: yeah. stuart: how many people say climate change could force them to leave their homes? ashley: it's a very high amount, 23%, one in five americans concerned that climate change is going to make it harder for them to stay where where they live. this is according to a poll conducted by "usa today" and ipsos. the survey also showed that 68% of people agreed that extreme weather events will become more frequent in the near future. i moving on, the poll also showed that democrats at 31%, more likely than -- twice as a likely than republicans at 13% to say concerns over climate change could force them to leave their homes. where is it most concerned? well, in the west which has been hit, as we know, with wildfires, droughts and torrential rains in the past year. 30% said they thought it would be difficult to stay in the area. one last stat for you, merely
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half, 49% of those polled, said they had or personally experienced extreme weather events just in the past month. interesting. stu. stuart: the temperature in new york city was 96, i think, yesterday and 95 today. ashley: ouch. stuart: but is that extreme weather? it's summertime, i mean -- ashley: well, you know, yeah, it's the end of summer. these late summer heat waves happen. i remember them as a kid even in england so, yeah, maybe not. stuart: all right, ash, see you again shortly. next case, google. going to crack down on political campaigns using artificial intelligence. how about that? we have a report on it. the iphone ban in china could be extend thed. how far will the anti-western company move go? we'll deal with it next. ♪ i got some good friends that live down the street. ♪ got a good with looking woman with her arms round me. ♪ in a small town and it feels
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stuart: i noticed apple is now down 2.99%, so it has come back a little. still a major league loser. it had been down 5%. bloomberg says china may expand their iphone ban beyond government employees. apple's stock down. kelly o'grady with me now. how far could the ban actually go, kelly? >> reporter: so, stuart, it's said to be expanding to state-owned enterprises. now, it's unclear if it's going to apply all of those soes. we have reached out to apple, we've received no response. but there are three things i want to tease out here. first, this could be a huge hit to iphone sales if this is enacted. 71% of china's companies and empty ploy roughly 50 million people -- employ roughly 50 million people. that's a big pool of consumers
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at risk equated to nearly 20% of apple's revenue last year. it's also been a big growth driver. sales from the region roughly tripled over the past decade, and apple's ceo tim cook even praised the, quote, symbiotic relationship with the country when visiting earlier this year. those words ring rather hold lee out -- hollow right now, but apple manufactures most of its hardware in china. that could cause a ripple effect for manufacturing relationship, and you can see on screen some of the companies that make iphone components, those stocks are also down today. and this is a continued escalation of our tech cold war with china. the u.s., of course, has taken measures to ban tiktok on government devices in some states. banning the iphone extends that self-reliant push that we've seen from what can only be described as a security-obsessed china especially when huawei released its breakthrough smartphone device last week that could compete with the iphone. the new iphone is expected to be unveiled next week setting the stage for holiday sales.
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it also makes you wonder how successful secretary of commerce gina raimondo's recent trip to chai that really was -- china really was. stuart: thank you very much, indeed. google is going to crack down on campaign ads that use artificial if intelligence. how exactly are they going to do that, ashley? ashley: well, they say they're going to make it mandatory for all election advertisers to add a very clear and conspicuous disclosure starting mid november when their ads contain a.i.-generated content. they have to flag it. the policy would apply to image, video and audio content across all of its platforms. the concern is that deep fakes created by a.i. algorithms could actually blur the lines between fact and fiction, making it difficult for voters to distinguish from the real to the bogus. cybersecurity firm mandia says it had seen a big increase of the use of a.i. to conduct what it called manipulative information campaignsen to line
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are. google has been under fire for misinformation on its platforms and has been rolling out updates to its transparent9 city measures as we head toward the general election next year. stu. stuart: what's this about an a.i.-generated song being submit to the grammys? ashley: yeah, that raises some eyebrowses, doesn't it? the song is called heart on my sleeve by anonymous artist ghost writer. the song that mimic es singers drake and the weekend went viral and now it's been submitted for song of the year and best rap song. interesting, right? last april the the song was pulled from streaming services including spotify and apple music following outrage over the use of a. a i. and the harm that it could to to do to actual artists. now, the recording academy then came out and announced artificial intelligence protocols that address the levels of which a.i. is used. and in this case the aa cadmy's ceo, harvey mason jr., told "the
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new york times" that the creative side of this song is absolutely eligible for a grammy award. why? because it was written by a human. but this is a debate that's only just getting going, stu. stuart: oh, yeah, you're right there. show me the dow 30, please. let me see how the market's doing overall. i'm sure there's going to be a lot of red, and there is. i would say a little bit more than half of the dow 30 are in the red and going down. the others are up. okay. the nfl kicks off tonight. betting expected to soar this year to record high. finish we're going to tell you why after this. ♪ ♪ ♪ is it possible to fall in love with your home... ...before you even step inside?
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♪ stuart: yeah, here it comes, the 2023 nfl season officially kicks off tonight. the detroit lions play the super bowl champs, the kansas city chiefs. lauren, how many people will bet on football this year? lauren: would you believe me if i said 2828% of all adults -- 28% of all i adults will bet?
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that's 73.5 million americans. an astronomical percentage growth of 58% in the past five nfl seasons since betting has become legal now in 38 states and d.c.. so those are the numbers. it's tremendous. it's pulling revenue from once black marketplaces. >> before the supreme court invalidated the federal prohibition on sports betting, our estimates were that persons were betting as much as $150 billion a year on sports. and since that prohibition's been invalidated, we've seen a lot of activity migrate away. in fact, the legal market's taken about 60% of that market share over those last 5 years. lauren: look, you can bet on any and everything on and off the field prosecute number of hot dogs that a stadium sells to the color of the gatorade e that's poured on top of the coach who wins. super bowl sunday, which is the most popular event for betters, 14% of betters say the eagles will win, 8% on the jets --
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[laughter] and on sunday lots to choose from. these are the games that are airing on fox. you can see there 1:00, 49ers versus steelers, at 4:00, packers-bears, rams-seahawks. but whatever your pick, if you're betting, responsible sports betting's really part of the american if experience of football and sports. it just makes it more fun, right? people sit are there at a party, at a bar, they watch the game and then they, you know, do that. stuart: all i can tell you is sometimes i sit at a bar in new jersey, and there's a sports game on tv -- lauren: for the other type of football. stuart: yeah, sometimes soccer. and there's a line of guys and ladies sitting with their phones, and they're a watching the game and making bets as they just, as the game goes along. lauren: yeah. it's fun. stuart: they're very excited. i can see it. i've never bet on anything in my life, i just don't do that. lauren: we me -- me neither,
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actually. stuart: we need clay travis, i believe he's here, he will appear, right-hand side of the screen. there's the man. end racism, i think that's been remove from end zones. it now says just play football. for this season has politics been physically removed from the nfl -- fully removed? >> i think it's getting close. and i know there are a lot of people out there that are desperately in need of salvation because trump, biden, whatever your political a angles are, i think there's a lot of people that just want to have a beer and watch a game. and i think sports leagues are recognizing that there is that demand. and, look, if you are politically enchained, if you are -- inclined, if you are a social justice warrior, if you believe strongly in political angles one way or the other, there's lots of places you can spend your time, but i am cautiously optimistic that we are moving back into an era when it's just about the game. what i love -- look, i'm a monitor football fan, monster
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sports fan in general, but sports is one of the last places where where when you're in a stadium, an arena, a new jersey bar, and your team wins, you want to high-five somebody, you don't think about their race, their misty, who they voted for. it brings tribes together that might other side have identity politics lines dividing them. i think it's good for american health. saw. stuart: real quick question, how much is a beer at giant stadium? [laughter] >> i guess, i bet it's $11 now. stuart: okay. i'll dispense with that -- >> that's my guess. i'll tell you this, i have three boys, i took them to get hot dogs and sodas a couple of years ago, $50. and that was before the biden inflation took off, so there's no way i'm getting out of line for hot dogs and sodas, not even trying to get beer, for less than $50. stuart: my goodness me. senate investigators, they're going to hold a hearing next
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week on the pending liv golf and pga tour merger. do you -- big picture for a second is. do you amove of all this saudi money that's pouring into golf and soccer? >> i'm a capitalist, so i don't blame anyone who wants to make as much money off of their talent as they possibly can. so i don't necessarily see it as approve or disapprove. i'm in favor of, again, talent being as compensate as highly and worthwhile as it possibly can be. i actually think it could be good for the sport, however, because golf a had become very stultified. of all the sports out there, it's high bound by tradition more than any other, and so i think liv has shaken things up, and sometimes shaking things up particularly as a league like this can benefit the overall product. stuart: i tell you, in soccer they've really raised the price of everything, especially premier league soccer in england. >> yeah. stuart: i mean, you've got to have billions to own a team.
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not necessarily a bad thing, but it's certainly lifting the price all over the world. clay, i'm terribly sorry, i'm out of time. i spent too much time talking about beer and $50 hamburgers. we'll be talking to you soon and watching tonight. >> enjoy the game. stuart: i will. time for the thursday trivia question. here it is: where is the nfl hall of fame located? i know this. i got this. believe me, i got this. cooperstown, new york? canton, ohio. springfield, massachusetts. knoxville, tennessee t. where do you think? tell us after this. ♪ ..
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stuart: ready sure ashley has this one, maybe lauren too. where's the nfl hall of fame located? cooperstown, new york, camden, ohio, springfield, massachusetts? europe first. lauren: canton, ohio with complications. stuart: what have you got? ashley: canton, ohio. stuart: that is correct. it is canton, ohio.
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did you know cooperstown is baseball, springfield is basketball. knoxville, does anybody know knoxville? could be hall of fame. ashley: softball. ashley: it is the women zba, wnba. fair use the it. i didn't know that. don't know if it is springfield or knoxville. "varney and company" is about to exit but stay right there because coast-to-coast starts now. dave: china is taking a bite out of apple. shares of the iphonemaker down 3%. the latest on what china is doing and ho

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