>> not a week has gone by that's been favorable to the president from an evidence standpoint. every single week there's more things we uncover and find out and we're going to follow the facts and we're going to

highlight the truth for the american people. >> i don't think joe biden will be even and i don't think democrats want to use the gavin newsom card against trump because i think they're scared trump's going to win. donald trump is on a roll and all he has done is get indicted. >> we shouldn't mistake calmness for everything being fine. that's what the biden regime promised us. the mistake is thinks that things going on as usual. the status quo means everything is all right. what this disruption means everything is never really been all right. >> i think the whole arm story is overblown and overdone at the moment. i think they've created this hype. i think they've taken it to unsustainable levels at least at the moment. until we see how this all falls out. ♪

stuart: sixth avenue is still empty and midtown handout hat tan people working in the -- midtown manhattan in the city and they're working from home i guess that's how it works out. it's 11:00 eastern time. friday, september 15th. let's check the market first. heading south consistently for the last hour and the dow industrials down close to 200 points and that's 0.75%. the nasdaq is down, what, 190, close to 200, down 1.3% and s&p down close to 1%. that is a minor selloff and all the big tech stocks down and apple at 174, down $1. alphabet down 137, microsoft at 332, down $6. how can i retire? meta platforms down $8. it's at $3.03 and amazon down

$4. 10-year treasury yield, up, down, sideways. where is it? it is up. that's not had a big effect on the nasdaq but the yield is up to 4.31%. friday morning, now this. throughout the week, we've laid out what will likely be the biggest political story of the year, at least i think it will be. the democrats are very worried about president biden, to the point where they are strategizing his retirement. there's been a constant drum beat of anxiety. he can't win. how do we get him out. it's come together boiling point and once again it is the washington post that's leading the charge. opportunistic ed today, here's the title -- democrats are crazy town cyst only biden can beat trump. in other words, replace him, please. david writes that with eight out of ten americans saying he's just too old to run for a second term quote now "why on earth

would a political party in the business of channeling the views of the people tack determinately into the face of such widespread and well founded opposition". he wants him out and fast. earlier in the week, columnist david ignatius said the same thing, biden should not run again in 2024. joe scarborough on camera admitted every democrat he knew was privately saying he's too hold to run. the white house pays very close attention to the media and aware of the shifting sentiment. karine jean-pierre is acutely aware of the media that he's not longer quite so compliant and had to leave the podium abruptly when reporters pressed her on the hunter investigation was and impeachment inquiry into the president. today, the fox poll showing biden losing ground with key voting blocks. look at this. suburban women, blacks, voters under the age of 45 down across the board.

the democrats will look at those numbers and conclude the biden harris ticket cannot win. what we've been saying all week, it's only a matter of time before this president is pushed into retirement. third hour of varney starts right now. stuart: any moment now president biden will be delivering remarks on uaw negotiations and the strike and sandra smith is here. not to cover what the president is about to say -- >> i'm happy to do that as well. stuart: i'm sure you are and maybe you will. first, listen to hillary clinton argue concerns over biden's age are off base. roll it. >> the question is legitimate but the conclusion that people draw seizure disorders think off base. look, i am supporting president biden and vice president harris so when people say to me, well, he's old. yeah, that's right, but look at

what he's gotten done, and then if that's not enough for you, look at the alternative stuart: santa smith, the afore mention second-degree here now. hillary clinton says off base to talk about his age. there's a lot of talk in the background and i think something's going on. >> i don't think anybody sitting around their house and says my perfect candidate is going to be 80 years old and fresh off of a term that there's not a lot of successes that can be touted. no matter what party you are, if that question is put to you, you have a hard time finding the mess in afghanistan so fresh in anybody's mind. stuart: i think something is going on and behind the scenes, it's all the rumblings and not happy with the 80-year-old running for reelection. is something going on and is he about to be retired in >> i go back to the press conference in vietnam and cut off by music. and cut off by his own press secretary, karine jean-pierre and that's unprecedented. that was a moment on the global

stage and spring together events like this and don't make it about age but sensorineural ten seizure disorders. i think former president trump was just put that question, and he's getting up there in age as well. he sort of turned it to that rather than that age. can we make it confident and no, voters will not vote for that. right now the top issue is stuart varney about to head up this debate. you know it is the economy stupid. wasn't that the cover of the new york post this week. that's what people care about. when you have consumer prices up nearly 17% and an administration that's telling you things were going great of inflation gone, paul this morning, did you see that and inflation is almost gone. what they're doing and cherry picking the data and jared bernstein at podium at the white house and they're going back a

few months and gas prices and they're stripping out volatile food and energy prices and shelter prices and inflation is going away. it is not the case. the more they double down on that, i think the american voter feels like they're being told they should feel somehow a way they're not. that's a problem. stuart: 61% say joe biden doesn't have the mental soundness needed for the presidency. concerns about mental ability are clearly growing. i know you're a straight news anchor, that's who you are. >> thank you, sir. stuart: i'm opinion. i'm going to ask you for opinion. hope you don't mind. >> i disagree, when i hear you cover the economy. i like the economy like i like track and field, there's a start line and finish line. in economics, there are numbers and numbers do not lie. that's why i'm sending something special to you guys out there in california. you'll find out later.

you guys, at the end of the day when it comes to a -- i dent care if you're a republican or democrat, everybody wants the con triple-demic to prosper, what's your question, stuart? stuart: okay, do you think president biden is capable of being the president for the next five and a half year s? >> that's not a question for me but for voters. that's 100% yet for voters. stuart: verne good. i'll change the subject. what will president biden say on the uaw strike? opinion on that? >> that the workers have to come to the table. stuart: yeah, probably. >> what i dig into in my show this afternoon and how much of the economic policies under this president have gotten us here. that's an important question to bed and bringing bob nardelli on and ask him that and our own grady trimble was incredibly telling and she's got to care about those communities that are dramatically affected by what's happening and un-pressodenned and all three major auto and

this is an urgent situation and can the president rise to the moment and say that they're going to get this done and get it done in a timely fashion? there's a lot of peep, a lot of livelihoods affected by that. stuart: what impact will that have? i know that'll be on american reports. >> ron desantis will be on. stuart: really? >> yep, stuart: now she tells me. >> what do you have for him? stuart: no comment from varney at this point. sandra, thank you. stuart: jonathan hoenig is back in the big apple. >> recession is not just my opinion but an indicator with 100% success rate looking back and sounds won i can and longer term interest rates and yields higher than shorter term interest rates but shorter term interest rates hired for a record 235 days and never gone that long and every indianapolis day torr is that a recession is

imminent and f 4% of stock -- 64% of stocks below short 2 year moving average and majority trading below the 50-day moving average and all indicators are to me the breath is week and market is weak and recession is on the way. stuart: how are you playing the market if you think the recession is almost inevitable and on the way? >> you give my g guff for my exotic picks. one is g-e-f-l-t. one is limited partnerships and some st stocks and doesn't bet l your money in stocks. that's the real problem and even if there's money in index fund, you're focused on all those very, very high-tech names that have led the way. dallas cowboys, d-a-l-t is on my name. stuart: power shares, dbrt in fbdbc. >> this is a commodity i dids index fund and the next -- index fund and the next big thing on my chart isn't crypto or big

high-tech and grade schooled old fashioned commodities and leagued the way up and biden wants to tell us inflation is dead. commodity markets are soaring and dbc is etf and a fund that gives you broad commodities exposure and one to hold at least for the next year or two because the commodities engine is revving up once again. stuart: jonathan, coming to a hard break so i haven't got time for defiance nasdaq 100 up. >> next week. stuart: that's next week. good luck, thank you very much, jonathan. lauren is looking at movers. sales force. lauren: worst performing stock in dow jones industrial average and reports they're hiring 3300 people after cuts 10% of staff earlier this year and also the chairman m sold billions in sto. reporting that taiwan semi told suppliers to delay the delivery of some high end, high-tech chip

making equipment. they're trying to control the supply it seems because they're worry that had demand will fall. stuart: okay. lauren: they're looking at inventories and cost. stuart: what's this about? disney's reporting that byron allen a big investor wants to buy abc? lauren: for $10 billion and just the fx and national gee graphic stations and bob oil and gas industrier said in july -- bob iger said in july he's willing to separate parts of the company and byron allen making a $10 billion investment. stuart: split it up and worth more than the whole and disney up on that news and only to 85. next case. got to see this, united airline flight plunged more than 28,000 feet in ten minutes. xxed to reverse course and make an emergency landing and take you through what happened. white house says voters strongly support bidenomics. don't worry, we're going to fact check that one for you. ceo of sales force that san

francisco cleaned up the streets because of his massive dream force conference. the mayor of san francisco london breed said the city firessed back and steve hilton is on that next. ♪ i got into debt in college, and no matter how much i paid, it followed me everywhere. so i consolidated it into a low-rate personal loan from sofi. get a personal loan with low low fixed rates, and borrow up to $100k. sofi get your money right.

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stuart: president biden is doubling down on the economic records and he insists bidenomics is working. edward lawrence oturu the white house. do voters see it differently, edward? system of articulation we saw a major shift in the president not from content but from the message itself. there are just abysmal poll numbers on how the president is handling this economy as the president is trying to convince americans that his policies do work. a major part of his speech yesterday was trying to scare voters about what he says republicans will do. >> our democracy is at risk because i don't think they do think it matters anymore. the country should know the facts and the choice between bidenomics and maganomics. in congress the plan was doubling down and cuts taxes for the wealthy and big corporations. two, cuts social security,

medicare and medicaid. three, it raises costs for families gutting investments in the middle class. reporter: republicans say this just simply isn't true adding the tax cuts would reach all verbally said during the state of the union address, they'd not want to cut social security and investment group and partner and treasury official steve pavlich saying they're trying to see what resinates. >> hoping to make the election 2020 repeat with more of a referendum on donald trump. if you're republicans, what you'd like to do is make it more of a repeat of 2016 where there are a lot of concerns about biden and drive up the favorability ratings. >> voters aren't buying what president biden is selling and losing or within the margin of error and head-to-head matchups with the leading republican candidates and over inflation rise again and gas prices inching back up. stuart: edward, thank you.

steve hilton joining us this morning. steve, i'm going to be anecdotal for a moment. every time i go to the grocery store, i see people generally shocked at what they have to pay. do we have an affordability crisis? >> we do have an affordability crisis not just in the stores as you mentioned and it's not just anecdote. you're right about the anecdotes and fact adds well and the people on the left and democrats and media and putting all this stuff out and never had it so good in the words of the former british prime minister harold mcmillan. they go on and on about disinformation and misinformation and how important the facts are on truth and batherring on and this idea that people are better off is a total false seizure disorders and false. look at facts and under trump, there's roughly 5,000 a year dollars extra for the typical household.

almost the same amount down under biden and specific groups and lower earners worse off under biden is data that's come out from the census cure row and every single measure, it's worse and the facts are against them. look at all the things that matter in the grow stores and cost of housing, healthcare, education and everywhere you look, it is harder to live in america under the policies of this administration. stuart: if the president makes to the election, are we better off now than we were four years ago and that's the key question and ronald reagan asked that of carter in 1980 and finished the election. same thing could happen again. >> 100% and buy the way, not just their arguments are not true, it's an insult to the

intelligence of the voter to try and pretend they're better off and feel every measure worse off and also going to hurt them on a more deep level on the idea that you can trust these people. how can you trust someone that's lying to you the whole time about the basic facts of your life. stuart: do you trust the mayor of san francisco london breed saying things in the city are getting better? what do you say? >> i trust that she wants to make them better and that she's frustrated with a lot of things that stand in the way and she's been facing a board of supervisors that's been controlled for years by the hard left. she's been facing policies that have been implemented across california for example proposition 47 that was passed nearly ten years ago, which legalizing effectively shoplifting and retail up to $950 a day. that's a state law. so she's fighting these things.

i think she's got good intentions and she's getting basically nowhere and up against this frame work of policy and law and put in place by the extremist far left democrats and difficult to make progress even if you have the right intentions that i do believe mayor london breed has. stuart: steve hilton, see you soon. thanks a lot, steve. take a look at this, protesters are downtown at roosevelt hotel where lawmakers are touring migrant facilities and there's a protest on going. that's in new york city. the migrant crisis has hit home here and it's not ugly at this point, but it's intense. san francisco received millions in state funds to help with organized retail left. that was san francisco. did the retailers get taxpayer money? how does this work, $17 million, how does it work? ashley: no, they did not.

no, they did not. $17.3 million in grant funding to help local law enforcement fight rampant retail theft and the retailers got nothing and the state said a total of $267 million will be distributed to multiple cities and counties across california. officials say the grant is critical to short staff police departments like san francisco and will be used to fund more personnel and also cover overtime costs for operations that will put more offices in the community. that's the plan. the money will help fund crime analyst and help law enforcement fight crime aggressively and strategically. also going to pay for a dedicated assistant da and full-time district attorney investigator to prosecute retail theft crimes. i say prosecute retail left crimes. there is a novel idea, stu. stuart: prosecute crime? good lord. thanks, ashley. i'm being saratoga fast ick. got it. we are waiting for remarks from

the president on the uaw strike. we'll bring it to you as soon as he starts speaking. we're also here from one of the presidents of a uaw local. he'll present his side next. ♪ (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?

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stuart: still ongoing in new york city and protesters down down at roosevelt hotel and members of congress are touring migrant facilities. they're a posed for the way that pro-- the protesters are opposed to the way the migrant crisis has been handled, especially in new york. the mayor of new york says the migrants are ruining the city. grady, the latest, please. reporter: stu, at ford assembly plant and one of the three of the big three plants that the uaw is targeting and a handful

of workers behind me here and they're stationed at each of the main entrances to this assembly plant. i want to bring in jennifer devers. she's one of the workers here . you're taking a different stat jim jordan as a juneon -- strategy as a union striking at one of each plant. is that an effective approach? jaire i'm sure that our president, i think he knows what he's doing and we're here to support each other and santa claus rally each other's backs 100%. reporter: the big three ceos said we put a generous offer on the table, 20% pay raise over the next four years and cost of living increase and job security, meaning if you have a job, you'll have it for the life of the contract. why is that not enough? >> it would be enough if they're putting that on the table. if they're putting that on the table, if they were, we're losing right now. they're losing and we're losing. if it was on the fable and sean said it was good, we'd be in

there producing product like we're suppose to be doing? reporter: you're not taking your employer's word for it, you're taking the union's word for it? >> stand with the union, 100% solidarity. reporter: think as the days go by, they're ramp up this strike and in other words include more plants in the strike? >> i'm going to say yes, i think that will happen. that's going to happen this. is a domino effect. reporter: what result will that have on the auto maker? >> protect us and our retirees and future and this is paving the way for our future. this is a big movement, and standing together as one is just greatness. reporter: how long are you willing to do this? >> myself? as lon as i have to. whatever it takes. reporter: all right, stu. your heard it there as you hear the cars driving by the plant here honking their support for the workers. of course not everyone supports them but you heard from jennifer, they are committed to staying on the picket line their president says it best for them. stu. stuart: grady, we hear them by the way, we hear them. there's a lot going on this

morning. the president is supposed to appear shortly to talk about the uaw strike. we also have a market selloff big time and that's what i'm going to show you right now. the dow industrials down 147 and real damage on the nasdaq down 1.25% basically. look at big tech, all of -- this is a big tech selloff. not huge but it's certainly haven an impact across the board and apple seven down another half percent back to 174 there and alphabet at 137, down a half a percentage point and microsoft down close to 2% and i don't know why microsoft is done in particular but it's down sharply. look at the others, please. move that board. arm holdings. let's check that. it is now up today, okay, stellar performance yesterday when it made its debut and up 25% and it's bucking the market

and it's now up 1.3% again. 64 on arm. back to this, what's happening in new york city, protesters downtown they're at roosevelt hotel where a lot of migrants are housing. lawmakers are touring the migrant facilities. the protesters oppose the way the migrants crisis has been handled here in new york city. are we awaiting the president? have we gotten the warning, please? okay, let's listen to the protesters. >> call eric adams and major news, 2, 4, 7 and 8.

[inaudible] call on joe biden to close the border. i'm going to tell you, if you don't close the -- if you don't stop giving away the freebies, they're all coming. [inaudible] we're getting $1,000 state of the unions and ebt cards and clothes. they're going to continue to do this. stuart: i think you got the message and protester was very angry at what's going on with the at the border and in new york city as well. folks, we're waiting for president biden is he's set to speak on the strike coming up momentarily. we'll bring you the latest on the strike and what we see and hear from the president next.

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stuart: the president of uaw in ohio is joining me now. tony, thank you for joining me and you represent the gm facility there and the ceo of ford told fox this morning that if the company accepts all the uaw demands, people will be earning $300,000 a year and a lot of plants will close. that's what he told us. what do you say to that? >> fist of all, thank you -- first of all, thank you for having me and to you, does that even sound realistic? stuart: i'll ask the questions but i'll answer yours, if you get everything that you're asking for, your workers will be making a great deal of money, and i wouldn't discount $300,000 a year. if they make that kind of money, plants will close. your response? >> i can appreciate the fact that he took into all our demands, you know, balled it audiotape up and said -- balled it all up and said all right, came up with a math equation and

that's not reality and not what we asked for. did we submit all our demands that all our members ask for? yes, we do but at the bargaining table we whittle it down to what makes sense and what does not make sense is the fact that our temporary employees like the ones in toledo at the jeep facility go years without being converted to a full-time employee. that means lost wages, they're at $16 an hour, and they have reduced healthcare. that's just not right. that's what we're really fighting for. stuart: at this point, how far apart in the negotiations are you? >> well, we're on strike now. we have three facilities out and it's never been done before. if things don't improve at the table like our president sean said, there'll likely be m. you know, we're not at the table. hopefully they're taking a break today but hopefully the strike will inspire people on both sides, really, because strikes help no one to get a deal.

stuart: are electric vehicles at the heart of this streak, at the heart of the problem between you and management? >> that's one of the thins that management's saying but, you know, they're a for profit company and money they invest, they will easily get back. with the insevenths they're getting from the government -- incentives they're getting from the government, they can't cry broke. they're being helped out with the transition. we at my facility, uaw local 14, toledo general motors facility received $670 million investment to make electric drive units. we need to make them here and not in mexico or china. we can make out better as a industry if we produce these products here. stuart: now, the president is due to address the strike, supposedly moments from now. what do you want to hear from him, tony? >> well, i want to hear the support. you know, this is probably the

most friendly union president we've had in my lifetime and hopefully he'll tell both sides to get back to it and a strike helps no one. when we make things in this country we're a better country for it. stuart: tony, i'm out of time but thank you for being with me this morning. we always appreciate it. mr. payne on the left hand side and president of uaw and taking this hard line and his workers are on strike. we're awaiting president biden to speak on the strike and negotiations. that'll happen shortly. congressman, it really looks

like a government shutdown is going to happen. i have to tell you, sir, the public doesn't like it and will probably say it's your fault, republicans always get the blame in the shut down. are you prepared for that to happen? >> i am, stuart. i'm used to t i've been through the shut downs before. just like the people before you just finished talking to at uab. the president sent us a budget we cannot support and the demodemocrats in the senate or e senate in general has not sent us back any response to the bills we've already pastramid and in other words they haven't done anything at all as far as sending and now we're being asked if the house not to do a cr but capitulate to the demands. we can't. people want to blame the conservatives that won't vote for this cr because it's going

to cause us to spend more money if we don't reach a solution so we do have sort of everybody armed us wanting us to spend or waist and the speaker trying to say, look, i want the lowest cost most efficient best for the american people. please little me do that. he may not get his way and if he doesn't, the american taxpayer is going to lose. stuart: there's a perception the the republicans in the house can't control the freedom caucus to mccarthy. your response? >> the freedom caucus is good friends of mine and i serve with them closely and appreciate them, but they want to have even lower spending than the speaker is prepared to compromise on, but if we go out without a bill at all, we will actually be spending more because we'll be paying for not getting service when the workers return, they'll

be fully compensated and we'll have wasted money. had part of the speakers point is i want the lowest amount of spending i can get. help me get the lowest amount. don't force me into a situation in which we get more and spend less. >> it's a chaotic situation, sir. impeachment hearings coming up this month. >> impeachment inquiries. stuart: rory harmon right, sir. you're quite -- you're right, sir. you're quite right, there's a huge difference and i'm aware. impeachment inquiry, possible government shut down, trump in court, biden under investigation for everything, and a strike. is seems like almost chaotic situation and makes people very anxious. >> it does, and all though we're nowhere close to aaron b burr shooting hamilton to death in a

draw, we need to get information we asked for and additional information. we clearly need to fund the government without interruption and quite candidly, there's a lot of other work to be done. america's dealing with run away inflation unless we reduce our spending, the fed will increase the burden on americans by increasing the interest rates until they break the back of inflation, but by that time we could be deep in recession. so no question at all. we've got to do our job. the speaker has been very candid about knowing these have to happen. by the way, yesterday, we spent a lot of time looking at future of ai. i'm excited to do it and i'm frustrate that had the president will not tell his people to vote for a clean cr to move forward at least with that portion without interruption. stuart: he wants you to shut it down.

congressman darrell issa. thank you so much. president biden has 13 minutes left this morning to speak on the uaw strike. many migrants are housed at roosevelt and the protesters are outraged of how politicians are handling the crisis. quick look at markets, there's lots and lots of red ink in big tech. dow down 180. stay with us for all the breaking news coming up right at you. ♪ 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

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stuart: remember that commercial, any minute now i'll repeat it. any moment now president biden will be delivering remarks on the auto workers strike. i've been saying that for the past hour. grady trimble on the picket line in michigan. what do you have for us now, grady? reporter: interesting pre-deckment now, stuart, we moved to -- predicament and we moved to a different entrance and these are striking workers at ford assembly plant, and it looks like there's a truck that is trying to pull in to the ford assembly plant and the picketers just keep walking. a couple of people i heard say, what, are you going to cross

this line? you mentioned we're expected to hear from president biden on the uaw strike and there's interesting dynamics going on. the uaw has not yet endorsed president biden as they did last election. as you know, president biden wants the auto makers to transition to electric vehicles, something that the workers themselves are not too fond of. i also spoke with a worker just a few minutes ago who said she's extremely worried about the way prices have been rising under president biden, and now we'll toss to that byte as we watch this truck pulling in as the workers cheer and shout and throw their fists at him. >> he was, where is he now? why are we out here? he hasn't done anything. we the people are doing it. the union, teamsters, uaw, sean

feign, ourself. it's not the president. it's not him. biden is not doing anything for us as far as i'm concerned. reporter: a second truck is now coming in and you can hear the workers yelling at him. scab, they're not pleased there are workers still doing their jobs trying to get into this assembly plant that the uaw has targeted as one of three plants to shut down, stu. stuart: got it, grady, thank you very much indeed. okay, we'll go back to the roosevelt hotel in new york city. members of congress are touring the area and it's touring the way the crisis was affecting new york. you're in the middle. what do you have for us? reporter: hey, stuart, it kind of has fizzled down now but a few minutes ago, it was pretty chaotic here. i'm going to step out of the way to see the area and it's kind of cleared out a bit right now.

but there have been lots of migrants coming outside to the roosevelt hotel as on a daily basis and this is where they live and busy processing fade pattern 'tilty as well for families and thousands of migrants that come into the city every day and throughout the week and months here and shows no signs of slowing down. just a short time ago, members of the congressional his pap ick caucus are in town and here trying to take a look at facility and toured the hotel and we weren't allowed to go along with them on that tour inside but congresswoman alexandria ocasio-cortez then came out with her other congress members and started talking about what she saw and said this is all about the american dream. they're going to fight for the migrants and they want to do what's best for them as well, but people that live here and work here, stuart, as you know are fed up with this. counter protesters came in and started yelling at congress members saying what are you guys doing? why is the border open and their voices were heard and then it overtook the entire press conference and i think they

thought they'd have their quick remarks and what some people thought was candy coat the whole situation at the roosevelt hotel and migrant surge in new york city but that didn't happen and i'll step back to just in front of the camera talking to you about what else we saw. some of the counter proteaerses their message was to the congress member, close the boarder and called out the white house and mayor of new york city and as we talked to him repeatedly, mayor eric adams said i'm doing everything i can. i need more resources. i don't have room to put these people. one more thing i'll mention too and you can see here, stuart, on the street and all the scooters and that's something brought up too by some of the counter protesters saying one, who are the people here and why are they having all of these scooters they're now ewing to ride around and deliver food and make quick cash because they've been waiting for the work permits that the governor of new york has tried to put, you know, trying to speed that up to make sure people get those. but people that work around here and live around here are seeing these migrants cruise around all the time on these scooters and

they're illegal scooters so the nypd trying to crack down on those too and this all came to a head today. people are fed up and think this isn't the new york it used to be and they want answers and not finger pointing. stuart: thank you, alexis. i was interested to see aoc in the middle of it. that's news. thanks, alexis. back to edward lawrence at the white house. we're waiting for president's remarks on the strike. are reporters going to be able to ask any questions when finally the president speaks? reporter: right, yeah, the president is supposed to speak in the roosevelt room that doesn't give a lot of room and in house pool there and only a very small few select reporters in the room when the president does speak. you know, what struck me is that all of these stories you've been talking about in the last ten minutes all relate to president biden's policy going forward. the border policy as well as policy forcing that transition to ev. that's at the crux of this center so-to-speak of what the uaw is concerned about and job losses going forward and the

president said he's in favor of collective bargaining and wants people to have their fair share. some of the numbers b been thron around from the big three auto makers and 20% like the united pilots from united. they got a 40% increase in pay. so we're talk about some big numbers that could further push inflation though. the anderson economic group on the other side of this said that if there's a 10-day strike, full strike for ten days, could cost the chicago come 5.6 billion -- economy 5.6 billion in losses. this is not a full strike yet. just 13,000 workers targeting very specific plants in the area. if it becomes a full strike, for that 150,000 union workers we could see significant losses to the economy, something that the

president here doesn't want to see as the economy sort of teetering as you know. back to you, stu. stuart: edward, thank you indeed. back to the market. the selloff continues. check this out. the dow industrials down close to 200 points and nasdaq down and down 40.48%. big tech, show them all, please, i want to see every one of them and here we go. apple is down, alphabet's down, microsoft is down, how about amazon? can we get that on the screen? what about the rest of the big techs? they're all down. it's a selloff in big tech this morning big time. the price of oil going up this morning here at $90.69 a barrel right now. the national price for gallon of gas is $3.86 and i predict it's going up from here. the friday trivia question: where was pizza created? naples, italy; rome, italy;

florence; italy? ashley, have you had a chance to think it throw? what did you have? ashley: i have not. one of my favorite suggests and i would know but no clue. go with naples, no. 1. stuart: so will i. i'm very flair with naples, florida. we are right. the answer is indeed nap les, i. well done, ashley. well done, indeed. have a great weekend and we'll see you next week. time is almost up for me, but i'm going to give you one last look at the market because this selloff, i wonder if it gathers some steam in the afternoon. never know quite how we'll close at the moment we're down half a percent on the dow. the level is $34,725. it's down 182 points. what a day. time's up for va "varney & co.". hold on, in five seconds you're going to see, wait for it, wait for it, we're getting real close, coast-to-coast starts