the morning. thank you so much. todd piro, carol, thank you so much for being with me, final thoughts beside the fact that i wanted apple watch but it would buy one until the battery gets longer. >> i am rocking a phone from 2018, we just saw kurtz report, somebody up there could get me a new won this saves me an e-mail, thank you for letting me use "mornings with maria" time. cheryl: last word. >> very interesting consumers made a switch from goods to services and it'll be interesting to see whether the consumers tapped out will they be willing to spend a 1300-dollar phone. cheryl: maybe you're right, smart phone sales have been slowing down it's good to be interesting how this goes today, thank you so much that is it maria is back tomorrow. "varney & company" is now. stuart: good morning, as always have a jampacked show for you.

there is a lot to go back your money and vote are in play four hours from now apple makes what tim cook says will be the most important release the iphone 15 several new features and a hefty new price investors have not been wowed at least not yet, the headline is survey of investors suggest the consumer is about to hit a wall not good if it happens consumer spending is an engine of growth in apparently it is sputtering, the house of representatives gets back to work today, speaker mccarthy has to juggle an impeachment drive and a possible government shutdown. get ready for annoying down to the water reports as the shutdown approaches. to the markets a little selling in stocks, fairly mild, the dow up 60, the nasdaq and 61, the s&p about 14, red ink, the buying in the crypto, bitcoin is back to $26000 level. again today.

oil getting close to $90 a barrel, 88 is defined to be precise but no big jump for diesel at least not yet the price of gasoline, regular, 3.83. diesel at 4.48 i think they get to go up from here, on the show today another presidential embellishment previous septembet the new york times looking at a disastrous vietnam news conference blames his opponents for the negative headlines. i'm going to take issue with that, the whole world was watching as our president mumbled, lost focus and said he wanted to go to bed and had to be rescued by his press secretary, last night the jets new star quarterback aaron rodgers ran onto the field with the american flag to commemorate 9/11, then disaster five minutes into the game he was sacked and taken off with an injury that

may keep to keep him out for the season. there was a lot going on the september 12, 2003. "varney & company" we will cover it all we are about to begin. ♪. stuart: let's groove. is this dance music? >> it can be. but not for us right now. we better get started, let's go to the market but have a look at what's going on i see red ink, down 60 on the dow, the dog on 62 on the nasdaq, david bahnsen is with me now, for the full hour no less, i have a question here, does wall street care about the survey to say consumers are tapped out.

it's totally untrue that the consumer is the economic growth and its result of economic growth. economic growth comes from production, you produce goods and services and guess what consumers do, they like it they consume, they travel, they eat they vacation they do everything that consumers do. the idea that consumers don't want an appetite to do things has never been true they lose credit and access to the ability to consume but i don't think the consumer is slowing down on wall street and wants to see production where the conception. >> you don't think the consumer is slowing down. >> it is is not yet whether or not it's about two, the consumer is lagging indicators. stuart: is often called america's top banker jamie dimon says it will be a huge mistake to think that the economy is

going to boom there so many risks after. >> i think is exactly right the idea that always stay in a boom and we can never have economic setbacks and never been true economies move in cycles and we will have other slowdowns right now are in a muted. and we have been for a while it's muted economic growth. >> is very assisting and dramatic and clear fashion data. >> that's what you have me on. >> for the entire hour? you have a lot to say. what more for you? the house is back in session today speaker mccarthy has to juggle between avoiding the government shutdown and launching an impeachment inquiry into the president. some on the hard right what the impeachment inquiry in exchange for passing the spending bill, where do you stand on this. >> there's a lot of people that like to fund raise and use the word in your intro, get ready for annoying headlining stories and i have to say that's what i think it is it's annoying it's not a market story market was up eight out of the last 11 shutdowns, the markets know these things get settled the

question who gets embarrassed in the end and the answer is always republicans. >> i think that is true no matter what the stakes are. >> or who is president, the republicans will get the blame, i think i'm right to say that as far as everybody else the voting public is just annoying. >> it is annoying, now at this point it is just noise but it gives vocal congressional people ability to raise money off of the things that they are doing and trying to be as performative as they can. >> your not worried about a government shutdown? >> not even a little bit. >> that's good to hear, it just annoys everybody. now this, typically biden friendly media outlets have been covering the president's age and pointing out his declining stamina. some abide in staffers are firing back at this. the portable deputy secretary says here on earth we saw the president start his day in india

at the g20 and in the day in hanoi with a detailed 40 minute press conference at 9:00 p.m., what will be enough? it seems a president age is top of mind and political circles, that is going to be my take as a te10/10 o'clock hour. president biden said he visited ground zero the day after september 11, 2001. watch this. >> when evil attacked ground zero new york, i remember standing there the next day and looking at the building. i felt like i was looking to the gates of hell. stuart: that contradicts biden's autobiography. his book says he headed back to the capital on septseptember 12, 2001. the new york times top aides thanks biden's enemies are putting out the negative headlines that he has been picked on. pete hegseth joined us this morning. i know he has a lot to say. are we picking our president

biden. >> you skip the 9/11 ceremonies were the attacks happen you can go to vietnam where you're supposed to stare down china but not good things about china and if your moniker has been sleepy joe by some you tell the world it's time to go to bed and that is walking into it then you go to alaska and say you were there the day after which is exactly what joe biden does exaggerated claims time and time again he's been what happened, his walk into the headlines and it's just now like the daily beast are willing to run the headline and that's where they're outraged, it's not fox or top radio it is everyone else starting to notice and comment on the obvious which is not capable to do this job. >> understand the president's campaign is going to be spending $25 million in the very near future which is unusual which you want 14 or 15 months out from the election. i would like to see their internal polls, i suspect there a disaster. you have any knowledge of their internal polls.

>> they don't seem to make their way into my inbox but i do see what you see which is a tight race which is bad for biden which they skew in the direction of democrats in the battleground states it's even worse, watch this the pivot is what they thought worked well in 2022 which is trying to define every republican is an ultrabright maga extremist, that is where they're going to go, what record will they run on the economy, the border, afghanistan, take your pick, energy, cost of living, the good and puny donald trump who is a prohibited front runner and try to make it a choice between the two. >> desperate to shove him aside somehow or another put biden aside and get somebody else in the desperate to do that. >> he would think so. >> the obama inner circle part of the third term of obama that the biden but presidency they love their access to power.

if you can get away with doing what you want to do with minimal influence from joe joe stood the podium and said i been given orders to call on these five people. you been given orders, you give the orders, what you talking about. people giving the orders want and love their access to power and they will go from abasement strategy to a beach strategy to a vacation strategy let other surrogates try to attack from and they can't go to, here's. stuart: does anybody believe that joe biden can be the president for another five and a half years does anybody seriously believe that. >> there is no way there is a staffer inside of the white house that can earnestly look you in the eye and say the sky will be capable of doing this job. in two years let alone four or five. >> again political power means expediently they will keep doing what they need to do. stuart: i need your comment on the administration striking a deal with iran to swap prisoners at $6 billion worth of funds that will be release to the iranians. $6 billion for five hostages.

have we established a market price, billion a piece for hostages. >> we already established and traded some of the worst on guantanamo bay for the obama administration for nothing, who is the guy out of russia that we treated for a wnba star, glad to have you back with debit killer back on their hands we don't know who the five iranians are, the names have not been released. i'm sure it's not a hit list of good guys and they were being told the $6 billion won't go to anything the various because money is not fungible. you know how money operates, i'm sure the iranians will use it to create bike paths into ron or clean energy which is the obsession, that's all they talked about ng 20 which is why china skipped it. it is child's play in iran is racing toward a bomb and we now negotiate with terrorist at a price. stuart: thank you for being with us, toys a pleasure. let's go back to the markets, i see some red ink, not that much. now is the 90 nasdaq down 60

some points. cohost of the view are not happy with the narrative surrounding biden's age. watch this. >> joe biden is old and the narrative that's been created to cause panic and people, what is the second part of the narrative, joe biden is old and kamala harris and prepared, joe biden is old but he ain't dying anytime soon. stuart: you know the view is a reliable source of leftist nonsense. we will give you more. new york city migrant crisis getting worse. it does not seemed like help is coming to the city from the administration. the mayor is going to cut overtime for police and firefighters. he needs the money to pay for the migrants. what a situation, we are on it. ♪

♪ teeth sensitivity is so common. it immediately feels like somebody's poking directly on the nerve. i recommend sensodyne. sensodyne toothpaste goes inside the tooth and calms the nerve down. and my patents say: “you know doc, it really works." become an aunty. book a flight. stay 4 nights. meet the baby. make the baby cry. give the baby back. fly home. silver tier in a single trip. join one key and move up tiers fast. ♪ is it possible to fall in love with your home... ...before you even step inside? ♪ discover the magnolia home james hardie collection. available now in siding colors, styles and textures. curated by joanna gaines. ♪

explore endless design possibilities. to find your personal style. endless hardie® siding colors. textures and styles. it's possible. with james hardie™. ♪ (upbeat music) ♪ ( ♪ ) ( ♪ ) ( ♪ ) -awww. -awww.

-awww. -nope. ( ♪ ) constant contact delivers the marketing tools your small business needs to keep up, excel, and grow. constant contact. helping the small stand tall. i don't want you to move. i'm gonna miss you so much. you realize we'll have internet waiting for us at the new place, right? oh, we know. we just like making a scene. transferring your services has never been easier. get connected on the day of your move with the xfinity app. can i sleep over at your new place? can katie sleep over tonight?

sure, honey! this generation is so dramatic! move with the xfinity 10g network.

stuart: the house will be holding a field hearing today at the 9/11 memorial in new york city. bryan llenas is there. what is this about. >> good morning the field hearing is being hosted by the congressional subcommittee homeland security at the 9/11 memorial inside of the museum new york city remains a prime target of terrorist and today ftn why officials and in light pd counterterrorism officials will be meeting with congressional leaders to discuss the evolving threats that we face as a nation 22 years after those attacks. >> we want to hear how the coronation is going between local, state and city and federal agencies, we want to

make sure that we are providing all of the resources necessary in order to keep this great country safe. >> homeland security secretary alejandro mayorkas will not be here, it is notable that this hearing is happening in new york city with migrant crisis that continues to be front and center there are concerns about potential terrorist stinky through the southern border, dhs is the number one security threat is lone wolf actors or small groups motivated by foreign and domestic in the u.s. border patrol reports encountering 146 suspected terrorist at our southern border these are people that are on the terror watch list, there were 0 encounters before biden took office in 2021. yesterday republican presidential candidate, for the governor ron desantis visited the 9/11 memorial and met with families in an interview he brought the border up, he said i

think there is a good bet that somebody has come across that southern border will commit an act of terrorism, 9/11 was important immigration issue and a lot of these i should not of it in the country and overstayed visas and whatnot at least six of the 19 9/11 hijackers did overstayed their visas and were here illegally. we will see if immigration is brought up at all in this hearing. stuart: we will see right now, thank you very much indeed, we have new york city council minority leader joe borelli. you just heard that report, 146 terrorist encounters at the border since october last year do we know if any are in new york. >> we can presume they are we can presume that the majority have come across the border and settled into new york because of the generous offerings to the population and remember all it takes is one the lone wolf is the most potentially dangerous form of terrorism that we have

right now and we see from the languages that are being spoken in the migrant shelters these are just not people coming from venezuela than they were in the beginning of this crisis but itty people from ukraine, south asia to africa and everywhere in between. stuart: can you imagine what would happen to her border policy if there was one terrorist incident related to someone who would come illegally across the border. >> you would think the democrats will be aware of this because it reacts in from the america public would be swift and severe at the polling booth if we had another 9/11 or and less significant terrorist action. >> new york mayor adams asked secretary mayorkas he wants federal help for the migrant crisis here is how mallorca's responded, rotate. >> first and foremost we are dealing with a broken immigration system at fact of which everyone agrees it's one

of the rare things about which you name an entity abuse and we need congress to act number one, number two within the broken immigration system we are challenged by an unprecedented level of displacement in the western hemisphere of historic proportions, we have responded with a model reproach that has proven to work. stuart: it's basically saying it's a worldwide problem i think is offering an excuse. >> i think is offering an excuse and saying they have been offering solution is farcical that best good web unregulated crossings at the border in the system sinking according to our own democratic mayor wanted the biggest cities of the united states of america. we will see that happen in chicago and l.a. as soon as your migrant number takes the scale ever so slightly. stuart: one more thing going on, overtime for new york city police and firefighters will be cut, the mayor is taking the money and giving it to the migrants that is extraordinary at the time of rising crime, can

you imagine that you take money away from the police and firefighters to give to the migrants, respond to that. >> this is a level of crisis that we have sunken we have a $4 billion budget gap what are the biggest budget gaps we've ever had in the city of new york worst in the financial calamities of 2008 and 1970s and 80s we are at a precipice, the mayor is implement in a 15% budget cut systemwide, it is a police department which is insane in the crime problem in the police department and the fire department and the grass is going to grow higher in all the services that new yorkers reliant are going to be shifted in painters migrant crisis. >> the police chief says we're going to lose office because of this they are leaving if you cut the budget, overtime, were leaving, there is one more the next-door neighbor at a migrant shelter in staten island is playing a blaring recording all

day every day telling migrants to leave apparently it is working, do you approve of that. >> i'll be honest there has been a neighborhood wide protest of the one shelter, staten island we have six shelters, because of the scope and location of water not be protested at this level this was dropped in the middle of a residential neighborhood across the street from an all-girls high school and elementary school and across the street from the special needs school and this guy lives next with migrant shelter where the showers for the facility are temporary showers that are abutting his backyard, he has to deal with the everyday, people are at their boiling point homeless shelters used to be controversial and we used to deliberate now we put 206 willy-nilly including the skies backyard. thank you so much we appreciated. a quick look at the market we headed south for the dow industrials, up 130, the nasdaq down 80. we will take you to wall street for the opening bell next.

♪ ♪ shelves. shelves that know what taste buds want. shelves smart enough to see, sense, react, restock. ♪ so caramel swirl is always there for the taking. there are some things that go better... together. like your workplace benefits... and retirement savings. with voya, considering all your financial choices together... can help you be better prepared for unexpected events. voya. well planned. well invested. well protected.

every day, businesses everywhere are asking: is it possible? with comcast business... it is. is it possible to use predictive monitoring to address operations issues? we can help with that. can we provide health care virtually anywhere? we can help with that, too. is it possible to survey foot traffic across all of our locations? yeah! absolutely. with the advanced connectivity and intelligence of global secure networking from comcast business. it's not just possible. it's happening. (bobby) my store and my design business? we're exploding. but my old internet, was not letting me run the show. so, we switched to verizon business internet. they have business grade internet, nationwide. (vo) make the switch. it's your business. it's your verizon.

stuart: red ink on the screen as we add to the opening bell 100, ray wang with us, the apple

event kicks off at 1:00 p.m. eastern, have you seen the iphone 15. >> i have not seen the iphone 15 but i am here and california. stuart: what is the big special, do you know if there is one big new special feature on the 15? >> there are two that are interesting, one is going to be what happens with the telephoto lens and that's what people are looking for the highest model of the iphone 15 and one with a a 17 chip and the european regulation compliance for the u.s. pc standard that will be put into every single iphone that has to be sold in europe and around the world. stuart: tell me more about the telephoto lens for the camera you can use it like a telescope or something like that. >> exactly we can have a 6x telephoto lens that can get richer and deeper pictures in pairs up with 48 megapixel phone

that people are hoping to see in the highest end of the phone there will be four models put out that the anticipation which is tradition in a lot of iphone watches and the get come in two sizes 6.1-inch and 6.7-inch. what people are looking for is a better camera and the u.s. pc and a lot of things that are rumored that people are waiting to see that might happen including an apple watch or a brand-new air pod. stuart: do you think the new features will justify the big new price? >> where we are in the markets if you're looking in the growth markets, the middle east and north america i think there will be a lot of demand we are in a super cycle of refresh were looking at 5g changes in ultra wideband and those are things that might cause people to do the refresh, that is 200, 300 million phones on the refresh cycle. stuart: why hasn't the stock done more. it is at 179 despite all of the

news about the i 15, why is it that level? , you're exactly right the downward pressure from china, the banner government offices and government workers using the iphone is crating downward pressure the chinese government saw the iphone was gaining market share in china and give a little boost to the producers like always. stuart: i wonder if india will be a bigger market as china has been. any comments? >> india is good to be the next big market for apple were looking at 3.9% market share at the moment in the important piece when chips and manufacturing common india will be as biggest china and the next 5 - 10 years. stuart: we will let you go i know this is what are the biggest event of the year for a guy like you, enjoy yourself the market is about to open it is officially 930 eastern time, press the bottom.

the dow is down 55 or 60 points in the very early going when they're open all get the screen in the dow 30 stocks, down 70 and falling as we speak, i do see a few winners but there swamped by the losers at the moment we have red ink for the dow today, the s&p 500 opening lower to the tune of one third of 8% and the nasdaq composite also opening lower that is down .44%, 138 is your level. big tech presumably a mixed picture we have apple up 11 cents. meta, alphabet, microsoft, amazon all on the downside, let me get back to apple, david bahnsen is with me hanging on i need this guy, what you make of apple. you would not buy it. >> not unless they were paid a real dividend than they do $120 billion in profit a year and they're not giving the back to shareholders is a massive

$300 trillion market cap company in your conversation what i was thinking why is the stock not moving higher with exciting things in the product because it's trading 30 times earnings, 30 times is already up 40% or 45% year to date it is so fully priced in and the india growth argument is so odd to me the average salary in india is a u.s. dollars $350 a month are they going to spend four months salary on an iphone and the high earners already have iphones so the price points will have to come down if they could get the expansion into market that india. >> that's why markets are 179. tesla added $80 billion to its market cap yesterday after morgan stanley said it was an a.i. play those are magic words, you don't own tesla. >> it is up 122% year to date it

is trading 78 times earnings one thing i want to make clear for viewers it has abated double the market it means when the market is up a certain amount expect tesla to be up double and when the market is down expected to be down more than double it moves up and down with the market to time-to-market level tesla is a very leveraged play on the stock market. stuart: 78 times earnings. stuart: that is rich in expensive. a big draw for oracle after they report cloud sales growth slowing, look for this quarter but the prompter says a lot of a.i. potential in oracle, your shaking your head. >> it's exhausting the people will say a.i., a.i. on every analysts call, revenue is down, business is hurting, i'm expecting restaurants to start saying they are an a.i. story and we saw this with the cloud

and we solid wood.com, people want to tie themselves into a certain theme, how are they making more money from something, in oracle's case apparently they are not. >> at 11% that is a huge drop amazon i think we opened a little bit lower, 84 cents down but yesterday i think it closed at the highest level the more than a year. again you don't own this. >> even with that up 70% is down 18% from where was in 2021 so it was really overpriced it has come rallying back what you thought that tesla 78 times was expensive amazon 114 times earnings. stuart: the company is valued at 114 times more earnings than his past earnings. >> if they don't grow earnings you get your money back of 114 years.

>> google they are on trial in washington, d.c. the justice department alleges go harm to consumers by stifling competition. why is this an important case. >> i think the justice department is wrong because it weighs on the market and what investors can expect and we saw this in the '90s with microsoft it prevailed in that and after two years they beat back the janet reno clinton justice department. but the trump administration and by the administration had google's with antitrust young the idea it keeps the stock lingering as investors don't know what will happen in google is a big and powerful company but these are complex legal arguments. stuart: you bring dividend pics and you brought to today let's start with chevron. >> it is up this morning it was down a little yesterday but oil is back to 87, chevron is traded around the same that it was when oil was at 67, the trading ten times earnings, the big tech

companies pay 40, 5080 times in chevron you can pay 50 times and the second biggest producer both oil and natural gas it's an expected way and you get to collect a 4% dividend yield that grows every year. stuart: almost 4%, not bad. ibm, you keep going back to ibm you like this thing. >> every time i mention the stock, like we bought it but we still own it. i think when you only have 33 stocks 33 times i have to go back to the well. ibm look how it's performed, it's up 50% in the past year and if you want to talk about a company that has an a.i. story that's it invested in artificial intelligence and has no evaluation being given to it is ibm. that is one of the things are developing and acquisitions. in the meantime the cash flow comes from the old-line

businesses and they bought red hat go doing a ton with hybrid cloud and the trading at midteens and ford have% dividend yield that they're growing significantly every single year. stuart: not bad, thank you so much let's have a look at the market overall six minutes into the trading session the dow is down a mere 40 points, 44629. the dow winners, we have a report on your screen, walgreen boots alliance, intel just shy of $40 a share, disney is up a dollar, chevron up $2, goldman up to dollars as well, s&p 500 zions bank, marathon oil apache, the oil companies are back there, the nasdaq winners any big tech on the list, walgreens, intel, diamondback energy, micron, there you have them,

look at the ten year treasury yield it is at four-point to 8%, hovering around the 4.3% level, the price of gold this morning is $1933 per ounce, it is down today bitcoin with a powerful move backup $26000 according oil that is the story and the energy market your $88 a barrel going up gradually and keep watching out for the price of gas and pretty sure that's going to go up soon. nat gas, 265 this morning. coming up carol markowitz has awarded for parents she says don't forget it was randi weingarten and the biden to sacrifice a generation of kids. she is going to be here. nfl fans love aaron rogers dramatic interest to the first season of the new york jets he ran out on the field with american flag of the anniversary of 9/11 but then disaster,

serious injury, canopy, he's out for the season? can it be? after only a few minutes on the field. we have the story. jamie diamonds is a huge mistake to think the economy will boom with somebody risks out there, brett baier will join us, see if he can reason with that. we will be back. ♪ ♪ i have type 2 diabetes, but i manage it well. ♪ ♪ jardiance ♪ ♪ it's a little pill with a big story to tell. ♪ ♪ i take once-daily jardiance, ♪ ♪ at each day's staaart. ♪ ♪ as time went on it was easy to seee. ♪ ♪ i'm lowering my a1c. ♪ jardiance works 24/7 in your body

to flush out some sugar! and for adults with type 2 diabetes and known heart disease, jardiance can lower the risk of cardiovascular death, too. jardiance may cause serious side effects including ketoacidosis that may be fatal, dehydration, that can lead to sudden worsening of kidney function, and genital yeast or urinary tract infections. a rare, life-threatening bacterial infection in the skin of the perineum could occur. stop taking jardiance and call your doctor right away if you have symptoms of this infection, ketoacidosis, or an allergic reaction, and don't take it if you're on dialysis. taking jardiance with a sulfonylurea or insulin may cause low blood sugar. ♪ jardiance is really swell, ♪ ♪ the little pill with a big story to tell. ♪

♪ (upbeat music) ♪ ( ♪ ) woah. ( ♪ ) ( ♪ ) ( ♪ ) ( ♪ )

constant contact delivers the marketing tools your small business needs to keep up, excel, and grow. constant contact. helping the small stand tall.

stuart: energy secretary jennifer granholm went on a road trip to promote green energy he was driving an electric vehicle to north carolina to tennessee and she ran into a common problem, not enough charging stations. edward orens is with us this trip took a bad turn, police were called on god, why. >> she is realizing what many electric vehicle owners realize

the infrastructure is not there for the force transition outside of augustine georgia, jennifer granholm staff realized there was not enough charging stations in the spot so the staff parked a gas powered car in the last electric spot it upset family and sweltering heat and the baby tried to use the spot and called police who ended up doing nothing because no laws were broken the secretary refilled their electric vehicle and the other family and the baby had to wait so that of the american petroleum institute says this is one problem with the forced transition. >> i think most americans as demonstrated by the secretary's troubles on her road trip understand that is not a choice, they need to have the choice of the kind of vehicle that they want to buy for their lives and unfortunately that is not the choice the federal government wants to provide for american families. >> you point out the cost of electric vehicles as well

enriching countries like china because there's a manufacturing phase for ev's in the u.s., the ford ceo also recently took a long distance ev trip and he had to switch vehicles multiple times to make it without waiting hours extra for the charging to the apartment of energy spokesperson about the secretary's trip pointed to $7 billion of taxpayers money to make the switch and build out the charging station is a the private sector is also investing eventually. stuart: the force transition is something else. david bahnsen with me, forced transition to electric vehicles, what about economically. >> economically we believe in choice, i love peoples producing and you like opposition to new technology but it's antimarket

and it distorts the marketplace. >> let's get the view of bret baier, he joins us right now when you think publicly of the force transition to electric vehicles. >> good morning it's tough in the middle of the country and you spoke to car dealers were trying to move the electric vehicles and some are having a hard time to have jim farley on with an interview and we're going to talk about electric cars in his business but energetically talking to dealers around the country they are having a hard time moving this inventory. stuart: is going to reflect politically for being shoved into electric vehicles and a lot of us don't like it that's going to rebound against administration is making this transition. >> there are choices to be made

in so far you cannot get across the country using electric vehicle their people having problems the energy secretary had a big stock with caravan of electric vehicles and then all kinds of issues. i think there is a pushback and politically and is a dangerous thing to go down there embracing save as part of the transition and what president biden campaigned on an republican saying let's let the market do this transition. stuart: it is an issue, jamie dimon called america's top banker he said it would be a huge mistake to think that the economy will boom with all the risks that are out there, that's not what the administration wants to hear, is it? >> no. >> i think the administration feels that there are a number of things in their box and people are starting to feel better, they say inflation is coming down they think there are little

sprouts in the economy according to the administration but then you see what people feel in the polls in your something like jamie dimon what he's talking about and the reality of the economy may be different than what some of those numbers are showing. stuart: as you know we have the second gop debate coming up on september the 27th, i'm going to be a part of it, i note with interest that you moderated the first republican debate this year, would you care to offer me some advice? >> i know what you are in for i know what you are doing, i know how tough it is to get into the weeds, i say have fun, make sure the buzzer works, get ready for a former vice president with a lot of coffee. did you have to be ready for whatever happens on the stage. i know you would be great, it's a great combo. stuart: i'm a great admirer of

your style the way you kept order on the first debate was remarkable, i hope i can do as well as you did, thank you very much for being with us. i know you jumped in that short notice. we will guarantee be watching you for the fourth president 6:00 p.m. eastern special report, see you later. coming up the city would believe that joe biden will be the president for another five and half years that will be my take at the top of the next hour. there is this medicine threads under pressure of blocking any talk related to covid and vaccine. it sounds like censorship. ashley webster has the report after this. ♪ (sfx: stone wheel crafting) ♪

the biggest ideas inspire new ones. 30 years ago, state street created an etf that inspired the world to invest differently. it still does. what can you do with spy? ♪ ♪ is it possible to fall in love with your home... ...before you even step inside? ♪ discover the magnolia home james hardie collection. available now in siding colors, styles and textures. curated by joanna gaines. ♪ explore endless design possibilities. to find your personal style. endless hardie® siding colors. textures and styles. it's possible. with james hardie™. my relationship with my credit cards wasn't good. i got into debt in college, and no matter how much i paid, it followed me everywhere.

the high interest... i felt trapped. debt! debt! debt! debt! so i broke up with my credit card debt and consolidated it into a low rate personal loan from sofi. i finally feel like a grown-up. break up with bad credit card debt. get a personal loan with low fixed rates and borrow up to $100k. go to sofi.com to view your rate. sofi get your money right. your record label is taking off. but so is your sound engineer. you need to hire. i need indeed. indeed you do. indeed instant match instantly delivers quality candidates matching your job description. visit indeed.com/hire you can't buy great conversations or moments that matter, but you can invest in them. at t. rowe price our strategic investing approach can help you build the future you imagine. t. rowe price, invest with confidence.

the power goes out and we still have wifi to do our homework. and that's a good thing? great in my book! who are you? no power? no problem. introducing storm-ready wifi. now you can stay reliably connected through power outages with unlimited cellular data and up to 4 hours of battery back-up to keep you online. only from xfinity. home of the xfinity 10g network.

here's why you should switch fo to duckduckgo on all your devie duckduckgo comes with a built n engine like google, but it's pi and doesn't spy on your searchs and duckduckgo lets you browse like chrome, but it blocks cooi and creepy ads that follow youa from google and other companie. and there's no catch, it's fre. we make money from ads, but they don't follow you aroud join the millions of people taking back their privacy by downloading duckduckgo on all your devices today. stuart: medicine threads at facing criticism over censorship, ashley webster is with us. what are they being accused of who is being accused of centering. >> how about the topic of covid.

here we go again when searching on that thread site owned by meta not only do search results pop up but offers a link to the cdc so you can learn more about the virus. covid is not the only term you cannot search on the app terms like coronavirus, long covid and vaccine. it leaves users with a blank result putting them in the same company as sex or. threads admits to blocking the terms but says there limiting terms and users might find temporarily sensitive, a meta spokesman telling fox business we just began rolling out keyword search for threads two additional countries yesterday the search functionality temporarily does not provide results to keywords that may show potentially sensitive content people will be able to search for keywords such as covid in future updates once we are confident in the quality of the results according to them

apparently. this is raising eyebrows as it comes days after the fifth circuit court of appeals with working with tech platforms to censor speech, the courts ruled the administration had likely violated first amendment policies when it flagged content and falsely related to covid and vaccine. on social media platforms all and it attempts to curb what they believe misinformation. the latest development of raising questions as well about tech oversight is required and public health officials also consumed with the censorship especially as covid cases are on the rise, here we go again. stuart: same old same old. check the market please, 24 minutes in the dow is down 60 pointed nasdaq on 17. david before you leave us does the market has any concern about an aging president seeking

reelection. >> i think the market has concern about the unpredictability and this uncertainty around the whole 2024 election and it looks like the two nominees will be biden and trump and there's a lot of reason to believe that their vulnerable with their own age and legal situation controversy and relative unpopularity but what the market cannot pricing the senate and the house will be. you could have an aging president but a republican house and the markets would not mind that. stuart: thank you for being with us, we always appreciate that. speaker mccarthy juggles a government shutdown on abiding impeachment inquiry. who gets the blame with the government shutdown. jason chaffetz with us. president biden claims he was at ground zero the day after the attacks 2001. that is not the case brian jones on that. cohost of the view upset about coverage abiding stage they say he is not dying anytime soon perfect material for jimmy failla who will be with us.

gerry baker moderated the 2015 gop debate i'm going to ask you for advice, the 10:00 o'clock hour of "varney & company" is next. ..

♪