tv Cavuto Coast to Coast FOX Business June 27, 2024 12:00pm-1:00pm EDT
12:00 pm
i hate anchovies. they do not belong on pizza. it should be against the law. stuart: that's your choice? ashley: yes. stuart: you said one of these four is your favorite. answer that one first. lauren: beats but that's also the question to this one is the most disliked food. stuart: do you think pizza is? i am going straight for anchovies. they are very salty. for the first time in years i got it right. a poll from instant cart, 50% of users say they don't like anchovies. the controversial fish is popular in missouri according to the study and more willing to dislike the fish. time is up for us. coast to coast starts now.
12:01 pm
>> everything costs more. >> how has inflation impacted you? >> as a father of four pretty drastically. groceries have skyrocketed with gas prices. if that's the way they are, just having the normal meals and things like that is difficult right now. >> rent is increasing 4% to 6%. inflation is not only affecting people who are low income but all of us. >> the direction of the economy needs to change. >> too much fiscal spending. >> what do you want to hear at the debate? >> to hear something more on student loans. i have determined this amount of student loans. >> something that will have a measurable impact on everybody, not just talking. that is what it is all about.
12:02 pm
neil: it's about money, not enough coming in, it's the defining issue of the time of tonight's big showdown. chances are other subjects will come up. most americans will know about the cost of everything going on. welcome. i am neil cavuto. let's get to grady trimble in atlanta, the side of the presidential debate, the earliest ever for a presidential showdown. >> any minute we expect to see president biden for the first time since he hold himself up at camp david to prepare for tonight. he's leaving camp david soon and will go to joint base andrews and will arrive in atlanta at 2:15. his campaign is giving us a preview what to expect for tonight.
12:03 pm
president biden will draw a stark contrast between himself and his predecessor. >> donald trump may not be the same demeanor we see on the debate stage or amaga rallies but he has to answer for things he says it those rallies. >> reporter: as we noted president biden has been preparing for a week straight now at a new national poll from the new york times and siena released 60% of registered voters say donald trump would perform very or somewhat well tonight. 46% say the same about biden. we will listen for what the candidates have to say and policy proposals and paying attention to how they say it. for trump to carry himself in a way that seems presidential to win over undecided voters are republicans who don't really like him. for biden can he prove those
12:04 pm
who say he is too old for four more years wrong, has to be up there with no teleprompter and no prewritten notes for 90 minutes straight. not something we see biden do on a regular basis. no audience and it will be muted unless it is that candidate's term to speak. trump and his allies say they don't think he will get a fair shot tonight, but they aren't worried. >> trump will handle it just fine. he's made for this kind of situation. we will see what biden does. i don't think einstein himself could explain the biden policies. why they are good. >> mention the economy off the top, president garden gave a preview on his line of attack as relates to that.
12:05 pm
he posted amaga republicans want to cut taxes for billionaires and raise the retirement age for social security, donald trump says he doesn't want to raise the retirement age for social security and wants to cut taxes for businesses and every day americans. the campaign is out with a new ad focusing on economic issues and the question to everyone, are you better off financially since president biden took office, that the point i expect donald trump will hammer home tonight. ashley: so he doesn't get sidetracked relitigating the last election. are you watching this tonight for the markets for we do for a living. >> they are hoping for wall
12:06 pm
street, no chaos and this was the new rule whether you think they are good or bad, there's going to be chaos and i think just because of how much influence they have. as an executive on markets there is little chance. the market moving news will come if this debate yielded in terms of polling. don't think it will do that. most people have their minds made up, 1 to 3% of the country is on the side. ashley: a lot are concentrated on big states to affect the final electoral vote. to your point about the markets in general, they have had a great run under donald trump. the latest sprint forward, the administration going out of its way to take credit for that which not long ago donald trump was taking credit for it.
12:07 pm
>> i think the economy is horrible except the stock market is coming up and the stock market is going up because i am leading biden in all the polls. there will be a crash. neil: what do you make of that? >> a bit of a stretch. he has an amount on the direct effect of regulations, other than that, there's little direct effect other than trade policy which sometimes takes time. look at the cyclical nature of the markets. carter had a bigger market, reagan had a bull market, bush had a bear, bush 2 had a barren double and a bear and obama had a bull which trump theoretically continued. that is a rarity. i would say that was because of regulations and that would be
12:08 pm
the q2 take. when you look at the economy or the stock market, the president assumes the office in, you look at actions. president biden is coming out of a covid crash. in fairness, donald trump was the first to shovel the economy and that likely cause do some of that. you are looking at cyclicality here and whether to continue, not direct credit. when you look at the longest bull market ever it was obama, then trump. who gets credit for that? i say american business does, the president doesn't get much credit in either direction unless they are directly regulating business. neil: forget how the markets are doing in the year of that election. of the president has the wind on the back of a market that picked up under his presidency, he generally goes on to win.
12:09 pm
that would favor a biden victory. how the markets would react to that. >> deeper into that data, what you are talking about, president carter lost during inflationary regime, asset prices going up, prices were rising faster. when you look at the performance of the market during president carter's term it was only down 0.9%. inflation was rising faster. inflation is the key. neil: it didn't help matters but a final question. we normally don't see markets digesting this or factoring the election that is still out a few months until late summer or early fall. will this debate, this
12:10 pm
confrontation tonight on cnn, will it move the needle where wall street starts paying more attention like now? >> only if the polls move en masse, not one paul, not the cnn poll moves, the polls would have to move in mass, large or bigy. stuart: great talking to you. good read on the markets and how they respond. the former director of national economic council for the united states, good to have you. the one thing this president is saying, he has been preparing nonstop, the economy is improving, you don't feel it, i will try to sell it by saying things are getting better. statistically that is true. emotionally it is not registering. what does he have to do?
12:11 pm
>> i don't know the answer to that. you need to meet people where they are. we've had a lot of price increases. a lot of reasons people aren't thrilled but we've also made a lot of progress. low employment rate, the stock market is up a lot, we are the envy of the rest of the world economically. she has to make that points. people concerned about inflation, he has to point out if donald trump is reelected, he wants to raise prices on every single good americans purchase by putting tariffs on all of them. it would be worse under the trump plan. stuart: adam: he is not a stranger to suggesting tariffs, ev vehicles, no stranger to using that, does that worry you? >> i didn't love the tariffs president biden did but let's put them in perspective.
12:12 pm
it's on $30 billion of imports, not a lot of viewers bought a chinese electric vehicle let alone a chinese -- or rare earths from china. and everything you buy that is made abroad, the clothing you are wearing get, television you are watching, and it is breathtaking, and proposed this, presidential election campaign, see if president biden connect lena to people. neil: he has a lot to explain, taking credit for a bull market run that continued into the biden presidency, that might be a leap to challenge each other on and how he sticks to this notion that inflation was much higher than it was when he took office. i want to ask you to respond to
12:13 pm
what the president said about inflation he inherited. >> president biden: with dramatically reduced inflation from 9% to 3%, a situation where we are better situated than when we took office. it was 9% when they came to office. people have a right to be concerned. inflation has gone slightly up 9%, down 3%. neil: surprise he's never challenged on that. i talked to janet yellen, and if they talk to the president, it was not 9%, it was 1.4%. in 2,022, he doesn't do that. i wonder if you think donald trump will challenge him on that and that gets to be what each said in the past about numbers that might or might not jive with what they are saying.
12:14 pm
>> i don't know what trump is going to bring up tonight. the inflation rate was low when president biden came into office but went very high and it has come down a lot. hasn't come down as much as the fed would like it to come down. i hope as it comes down some more, most of the terrible inflation is behind us. the press level is not. neil: you answered that eloquently. what about this notion of the federal reserve and how much is hanging on the possibility of a rate cut, that might not happen. what's the political fallout from that if the fed doesn't cut rates at all or wait until after the election? >> best guess, the fed does its first rate cut in december but it will depend on the data.
12:15 pm
if you get that scary jobs data you could pull that sooner. i am not sure it matters all that much. not a lot of consumers borrowing the fed funds rate. the mortgage rate doesn't change point for point with the fed funds rate. a lot of the move -- neil: market rates, sorry to jump on you but market rates have been trending down so maybe markets are doing the work of the fed and mortgage rates come down again. how do you see that as an environment for president biden? >> the fed is totally independent. they will do the decision best for the us economy, not best for some period of the campaign and what does that mean for president biden? most of the economy is cast. prices are about the same in november as they are now.
12:16 pm
the stock market, you never know. no reason to be particularly scared about it. i don't think the economic variables will change between now and election day. neil: interesting turn of events. we will see you. always good seeing you. jason furman on all of that. summer shutting down, some layoff workers, some have gone the way of the dodo. what do they do in an environment where every day customers are reminded of prices that are still sore, some unusual restaurant owners facing that. in the meantime, looking back at the issues that dominated prior exchanges with president biden and donald trump including energy. >> it falls -- >> would you close down the --
12:17 pm
12:18 pm
ok y'all we got ten orders coming in.. big orders! starting a business is never easy, but starting it eight months pregnant.. that's a different story. i couldn't slow down. we were starting a business from the ground up. people were showing up left and right. and so did our business needs. the chase ink card made it easy. when you go for something big like this, your kids see that. and they believe they can do the same. earn unlimited 1.5% cash back on every purchase with the chase ink business unlimited card from chase for business. make more of what's yours. new projects means new project managers. you need to hire. i need indeed. indeed you do. when you sponsor a job, you immediately get your shortlist of quality candidates, whose resumes on indeed match your job criteria. visit indeed.com/hire and get started today.
12:19 pm
♪ limu emu... ♪ and doug. (bell ringing) limu, someone needs to customize and save hundreds on car insurance with liberty mutual. let's fly! (inaudible sounds) chief! doug. (inaudible sounds) ooooo ah. (elevator doors opening) (inaudible sounds) i thought you were right behind me. only pay for what you need. ♪ liberty, liberty, liberty, ♪ ♪ liberty. ♪ the future is not just going to happen. you have to make it. and if you want a successful business, all it takes is an idea, and now becomes the future where you grew a dream into a reality. the all new godaddy airo. put your business online in minutes with the power of ai.
12:21 pm
her uncle's unhappy. i'm sensing an underlying issue. it's t-mobile. it started when we tried to get him under a new plan. but they they unexpectedly unraveled their “price lock” guarantee. which has made him, a bit... unruly. you called yourself the “un-carrier”. you sing about “price lock” on those commercials. “the price lock, the price lock...” so, if you could change the price, change the name! it's not a lock, i know a lock. so how can we undo the damage? we could all unsubscribe and switch to xfinity. their connection is unreal. and we could all un-experience this whole session. okay, that's uncalled for.
12:22 pm
neil: what is the restaurant term for hooters, the latest to abruptly close dozens of restaurants around the world in the face of higher prices, not only their diners but the restaurants themselves. red lobster filing for bankruptcy, cracker barrel looking at closings of its own. we thought we would get a sense of what's happening in their shops and what they are seeing with their customers. huntington, california, james beard rising star chef and dickie's barbecue pits. you are everywhere and you can feel the pinch anywhere. how do you deal with this? >> it's tough times, the toughest i have seen in my career but there's always hope because we have great folks in
12:23 pm
the restaurant. inflation all over the place, absolutely feel the cost of labor and we've seen that pinch in markets with the highest minimum wage requirements, especially in markets with overall, california market is very much out of control compared to our other markets. what we are seeing it, tough times, we are very optimistic but it is certainly challenging. neil: in huntington, tell us a little bit about that and the higher wages that have gone into effect. >> everything has gone up. you can't even higher anybody. everybody thinks big daddy government will bail them out or looking for entry-level workers they all think they will be the next youtube star center but wants to work and they work for one day and quit and don't show up the next day after that and got to spend so
12:24 pm
much money avoiding lawsuits because 9 of 10 employees in california will sue you, it is a diaper fire. you get people talking about inflation went down by one point. we only failed this month, but better than the previous month. it's a failure. neil: what do you do? >> move out of state where it's crazy, or educate people. we are in a great area in huntington beach and educating consumers how we are serving the right types of food and make it more of the community environment and get people talking about things and give food, customer service, work your self which iran 35 restaurants prior to this but i am only going to open one restaurant right now, not in california or any of these cities where they are trying to drive business out. you have to make strategic decisions.
12:25 pm
neil: what do you do? >> i said before, i will say again, you have to get creative. give them something that gets them excited to spend money at your establishment. they said there's a lot on us these days and giving people the ability to come in, spend money, get value for their money is on us as business owners. neil: you all are destination dining spot so your customers are loyal to the extent they can be. i want you to listen to something donald trump came up with recently that would affect your workforce if it came to pass, this is donald trump talking about service workers. >> i will emanate taxes, tips
12:26 pm
for restaurant workers or hospitality workers. >> a lot of people don't get tips. don't like the service don't give them anything. somebody does a good job, supposed to be, we are ending that immediately effective immediately when we get in. neil: how would that affect you? >> it would be huge for the restaurant industry. bringing staffing in, this would help a great deal. a huge win for restaurants. neil: i do wonder. it could come in a variety of ways, that might be an incentive for workers to stay longer but might not be. how would a move like that affect your staff? >> i think governments hands opportunities is a great thing. it would benefit for us. we are not a minimum-wage tip
12:27 pm
restaurant. everyone is above minimum wage. we don't have a tipped wage by any means. we have higher minimum wage, higher than minimum wage hourly for everyone in the restaurant so we are not at 213 or anything like that but it still benefits. it allows us to be competitive. it allows us to truly incentivize great service. great for our folks that have to work and incentivize. we are very pro government hands off for opportunities. neil: you mentioned earlier you can pay top dollar, whatever california cities require but they have a devil of a time with it whether there's taxes on those tips or not. >> it's a great campaign slogan but it won't happen because even if the states lost the tax revenue they will put it back on the business.
12:28 pm
i guarantee if they remove taxes on tips which i don't think people realize the business pays full payroll taxes themselves so the amount we have to pay, servers are making upwards of $60-$85 an hour. the payroll tax, the server can put more money in their pocket. i agree with that, they need to be paid more in a lot of cases especially tipped wage restaurants but the governments are going to say we lost that revenue so we will double it and restaurant have to pay payroll taxes on that to cover for the loss i guarantee you. neil: as if covid wasn't enough. a preview of coming attractions. you are somehow bucking the trend. another big issue that will come up tonight is the issue of housing. mortgage rates are coming down but that doesn't mean housing activity is soaring up.
12:29 pm
it is not happening. ♪ ♪ amelia, weather. 70 degrees and sunny today. amelia, unlock the door. i'm afraid i can't do that, jen. ♪ (suspenseful music) ♪ why not? did you forget something? ♪ (suspenseful music) ♪ my protein shake. the future isn't scary. not investing in it is. you're so dramatic amelia. bye jen. nasdaq-100 innovators. one etf. before investing, carefully read and consider fund investment objectives, risks, charges, expenses and more in prospectus at invesco.com.
12:32 pm
(vo) what does it mean to be rich? maybe rich is less about reaching a magic number... and more about discovering magic. rich is being able to keep your loved ones close. and also send them away. rich is living life your way. and having someone who can help you get there. the key to being rich is knowing what counts. (traffic noises) (♪) the road to opportunity. is often the road overlooked. (♪) at enterprise mobility, we guide companies to unique solutions,
12:33 pm
12:34 pm
markets have gone the opposite, they backed up a little bit. how do you explain that to people? >> what i can explain is if rates go down one percentage point prices go through the roof. everyone will come out and buy it. they are ten buyers waiting for interest rates to come down that are active in the markets. everyone is going to charge on market. neil: market rates were backing up and mortgage rates were backing up with that. now we have the opposite situation where the fed is not moving on rates but the overall market rates in the latest period down to 6% on a 30 year fixed. kirsten jordan, what she makes of all that, get into the 6-0
12:35 pm
range, 6% and get there, all bets are off. what do you think? >> so many buyers are waiting for a little more break in the clouds because what they are experiencing with homeowners as well as the inflation of everything. not just the cost of borrowing money to afford that home but the insurance rates, tax rates rise and values continue to go up and so many layers to how expensive it is to own in this country, thing of replacement cost which is the cost of renovating, and i don't know if i can afford to do that? lauren: 1 got that, and 3.5%. they could allow a buyer to assume that but the buyer would probably need more than what is
12:36 pm
assumable, they are back in that locked position. >> these homeowners have gained so much equity over the last 5 years those homes are worth a lot more and buyers to afford to get into the market have to do lower down payments. we are at a standstill editor taylor two countries. they have low mortgage rates who are going to make out well and everybody else stuck renting or trying to figure out what they are going to do, need to size up and look at the next level size home and they are saying with the cost of rates plus everything else it is really too expensive to make that jump. neil: the bifurcation, those in a strong position, entry-level buyers who are not, can that persist, normally when housing get stuck in one area to another area. what do you see? >> as soon as rates come down
12:37 pm
we will see a lot of buyers coming to the marketplace and continue to see buyers that are in the entry-level space have a lot of difficulty. the only way to fix this is you need to stop spending money on things you don't need because the only way to get into the housing market is to focus on saving up so you can be educated and the other part of this is remembering people who waited on the sidelines missed out and if you continue on the sidelines now. neil: history has proven home prices and real estate are appreciating in value. that has gone unabated. >> we are going to aa see the covid markets are going to cool off. no way for that demand to be sustained. neil: florida and texas. >> there's prime florida and other parts of florida but we
12:38 pm
will see parts that are confusing where the demand came from. i see this part of the country cooling-off and if they don't have the infrastructure to sustain people moving there, we will probably see some correction in the primary a we continue to see appreciation year-over-year. neil: great seeing you again. the house ways and means committee, the guy behind the big trump tax cuts that expire next year. one feature of those tax cuts has been the limit on how much to write off mortgage interest and that sort of thing. if taxes go away, we will ask him. in the meantime, what to look forward to in the slugfest tonight. >> the question is -- >> radical left -- >> will you shut up, man?
12:39 pm
we have been drilling a productive segment. keep yapping, man. everybody wants super straight, super white teeth. they want that hollywood white smile. new sensodyne clinical white provides 2 shades whiter teeth and 24/7 sensitivity protection. i think it's a great product. it's going to help a lot of patients. did i read this?
12:40 pm
did i get eggs? where are my keys? memory and thinking issues keep piling up? it may be due to a buildup of amyloid plaques in the brain. visit morethannormalaging.com it's odd how in an instant things can transform. slipping out of balance into freefall. i'm glad i found stability amidst it all. gold. standing the test of time.
12:41 pm
daughter: hey, dad. dad: hey, sweetheart. daughter: what are you doing? dad: i'm gonna clean the fence. daughter: it's a lot of fence. dad: you wanna help me? dad: aim at the wall, but get closer. daughter: (gasps) what the?! daughter: alright. dad: side to side. when you work with someone who knows a lot and cares even more... you can do this. ...you're unstoppable.
12:42 pm
(♪) wow... are you kidding me? you can do this. at truist, we believe the same is true for banking. her uncle's unhappy. i'm sensing an underlying issue. it's t-mobile. it started when we tried to get him under a new plan. but they they unexpectedly unraveled their “price lock” guarantee. which has made him, a bit... unruly. you called yourself the “un-carrier”. you sing about “price lock” on those commercials. “the price lock, the price lock...” so, if you could change the price, change the name! it's not a lock, i know a lock. so how can we undo the damage? we could all unsubscribe and switch to xfinity. their connection is unreal. and we could all un-experience this whole session. okay, that's uncalled for.
12:44 pm
it >> president biden: how much the federal tax rate is? a thousand of them. 8.3%. 8.3%. it is outrageous. billionaires pay their fair share, not only reduced the deficit but to provide childcare and eldercare. >> we will make the trump tax cuts permanent, more for working families. we are going to let them expire and get the biggest tax increase you ever had ever by four times. neil: the black and white view of the tax situation, the president doesn't want to see, the prior president's tax cuts
12:45 pm
for noon, kevin brady, the house ways and means committee chairman. he does not say blame donald trump, he joins us for the alliance for competitive taxation. they do expire, what do you think happens? >> there's a lot at stake. tax hikes on families and small businesses, a big blow to the economy. paychecks were the greatest factors from the trump tax cuts, the us is so competitive. are businesses compete anywhere in the world including where they invest in the us, there's an awful lot at stake, dramatic visions for that. neil: they have different but similar dealings with the dead
12:46 pm
piled up under each president so neither can claim if you like the pope, just asking you, if these tax cuts go away, a lot of people think maybe this limitation on mortgage interest and taxes will go away. will it? >> it could. if they are not expended, remember what goes -- what those reforms did, paid for doubling the standard deduction as people kept more of those first dollars they are and, driving child tax credit up higher and limit on some taxes. people not having to pay so much state and local taxes went to middle-class tax cuts to one of the more popular key parts of tax reform. there's real consequence to letting those cuts expire. neil: the debt is approaching
12:47 pm
$34 trillion. and just wondering, every one says the next year is the year everything, no one seems resolved to dealing with it or doing anything about it. we discussed this before. do you think anything changes? >> it will be a big part of this conversation in 2025 from both parties because the debt is unsustainable. they've got a bit of a model in 2017, total tax cuts, you were a student of those tax cuts so you know this but covid tax cuts were $5.5 trillion. we paid for almost 72% of it at the very beginning because of reforms. we raised $4 trillion to lower
12:48 pm
those taxes to become pro growth, to make sure businesses compete around the world. both parties are going to have to decide what do we keep in these tax cuts? neil: you say we have to do something about that. trump made clear he didn't want during his campaign season to look at social security or medicare. that might change if he gets back in the white house, who knows. didn't see much a zeal for that. that's the third rail of politics. >> my point, you can offset much of the cost of extending pro growth by looking at the tax code, identifying those. we did that as a team effort to grow those paychecks. a new lawmakers have a chance to improve, not just extend but improve the tax cuts, tax code,
12:49 pm
especially driving paychecks and growth in a big way. innovation driving so much of our growth, they've got an opportunity. julie: we will see. it would take a full run at the party to do something that big. kevin brady, good seeing you. fair and balanced, the democratic campaign strategist, former biden 2020 campaign surrogate, can't wait to see you. will you get serious about this? >> the structure isn't -- to your point, both parties, a pox on both our houses as far as the debt and the deficits we are seeing. president biden cut the deficit every year since he has been in office. neil: the debt is a combination. >> a lot of bailout positions. the incentive structure, donald
12:50 pm
trump said he's not interested in a conversation about the retirement age in this country. the republican study can be represents the majority of house members. we got cut social security by one. $5 trillion or look at raising it to 69. that the policy for the republicans. neil: in training social security. >> part of the base of support. >> you see seniors trending to president biden, a democrat, they've long been the bastian of republicans. neil: you have a history of both sides coming together driven by the reality of that. bill clinton sitting down with newt gingrich to find a way to address government spending and entitlements and the rest and we had surpluses year after year after year. it is possible, welfare to
12:51 pm
work, do either of these guys, president biden, donald trump have that to do that. >> this will be because they are term limited, looking for legacy and president biden has been an operator in washington for 50 years. most people assume democrats are likely to take the house. the leader of the ways and means committee is richie neil who has been there for decades, back to being chair of the ways and means. mike crapo on the republican side of republicans take the senate, he knows his relationship. the senate finance committee. to your point we could see some maneuvering with these two men who have been in washington for decades. neil: both will be term limited. that could change your psyche or reinforce existing policies.
12:52 pm
>> it could go either way. it could be let's figure out a legacy, better than i find it or do i retreat to extremes of my party in terms of i've got nothing to lose, this is my last four years. neil: they are not inspired, president biden, does that still exist, is that still a worry for you? >> we saw the highest level of turnout in hundred years in 2020 in terms of the presidential election. either you love him and are enthused to turnout or you hate him and are enthused to turnout as well. president biden is not going to be the most enthusiasm building candidate. everything is about donald trump. you are seeing this campaign, the biden campaign looking forward to this debate. for a lot of americans it is a choice. we've been itching to have that choice in front of the american people were it is a referendum
12:53 pm
not on the last four years under donald trump but the next four years with these two men sharing that stage. neil: great seeing you in the flesh and the torso. the big discussion will also involve the supreme court of the united states which could move and make a controversial decision the day of the debate itself. we will tell you what that could be after this. when the sawdust settles and the engine roars the thing you care about is a job well done. but when you get your tools from harbor freight something about the job feels different - your wallet. whatever you do, do it for less, at harbor freight. ♪ tamra, izzy and emma... they respond to emails with phone-calls...
12:54 pm
and they don't "circle back" they're already there. they wear business sneakers and pad their keyboards with something that makes their clickety- clacking... clickety-clackier. but no one loves logistics as much as they do. you need tamra, izzy and emma. they need a retirement plan. work with principal so we can help you with a retirement and benefits plan that's right for your team. let our expertise round out yours. [thunder rumbles] ♪ ♪ ♪ ♪ 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? ♪ ♪ [thunder rumbles] ♪ ♪
12:55 pm
.. she runs and plays like a puppy again. his #2s are perfect! he's a brand new dog, all in less than a year. when people switch their dog's food from kibble to the farmer's dog, they often say that it feels like magic. but there's no magic involved. (dog bark) it's simply fresh meat and vegetables, with all the nutrients dogs need— instead of dried pellets. just food made for the health of dogs. delivered in packs portioned for your dog. it's amazing what real food can do. glp-1 drugs used in weight loss treatments are a global blockbuster, even with unliked and inconvenient injections.
12:56 pm
more human study results for lexarias patented oral delivery technology are coming soon. lexaria bioscience. do you want to close out? should i? normally i'd hold. but... taking the gains is smart here, right? feel more confident with stock ratings from j.p. morgan analysts in the chase app. when you've got a decision to make... the answer is j.p. morgan wealth management. your shipping manager left to “find themself.” leaving you lost. you need to hire.
12:57 pm
12:58 pm
adam: the supreme court of the united states, this is the time they usually make a lot of decisions. donald trump in pursuit of immunity. anything he did as former president when he was president should immunize him from any legal actions like the kind of cases that have popped up since. no word from the supreme court
12:59 pm
whether they would make a decision on that but dicey timing ahead of the big showdown tonight. what do you think, they wouldn't want to risk that would do they pay attention to such things? >> in this case the court wisely probably delayed, issued a decision, bunch of them today but mostly small cleanup cases though there was one administrative law case about the securities and exchange commission. chief justice roberts, trump and biden have enough to argue about. neil: they don't like to get in middle of that. they are knee-deep in this, could a decision come tomorrow or will it be delayed until next thursday? >> i think the decision will either come tomorrow or monday. the court is at the end of its term. they like to wrap up. they have summer vacation plans.
1:00 pm
neil: the latest we could get a decision on this would be monday? >> i think so. because they have so many cases, social media issues, the administrative state and the trump in the unity case and the january 6th protesters case, holds them over to monday, even tuesday. we may get the immunity case tomorrow. neil: you will be busy. you talked in the exchange tonight, that's another matter of discussion. we've got the dow up 68, technology stocks faring well is the run-up continues under the belief we've had a goldilocks environment. jackie deangelis and "the big money show" guys
33 Views
IN COLLECTIONS
FOX Business Television Archive Television Archive News Search ServiceUploaded by TV Archive on