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tv   Varney Company  FOX Business  September 13, 2024 9:00am-10:00am EDT

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the numbers maybe did move after tuesday. >> yeah, i'm on a lookout for that data for the undecideds, i'm also looking for the numbers coming out of that taylor swift enorses doerment. the data shows 350,000 the plus young people visited vote.gov, but who actually registered? that's the question that matters. cheryl: i found it fascinating because we heard from that generation. the concern is, a, heir going to tiktok for news, b, are they getting registered and if they do, will they show up for election? >> biden was up +28 to to young people, kamala is only up 15. cheryl: thank you. maria's back on monday. "varney & company" is up right now, ashley webster in for stuart. ashley: hey, good morning, cheryl, thank you very much. good good morning, everyone. i'm in for stu varneyed today. welsh we know this, donald trump
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says he will not take part in a third debate claiming when a prize winner loses a fight, the first words out of his mouth are, i want a rematch. kamala harris says americans are owed another debate, so we'll debate the debate. trump is in california this morning where he'll hold a news conference at noon and then head to the nevada, all of this after a announcing a major new policy decision pledging to cut taxes on overtime pay. interesting. meanwhile, vice president kamala harris is set to rally voters in the battleground state of pennsylvania. speak of battlegrounds, we're digging into how inflation has impacted these swing states with many paying at least $1,000 more the of purchase the same basket of goods and services as they did in 2021. that's quite a markup. now to the markets. as we, finish out the week on wall street, same story as yesterday, the dow, the s&p and the nasdaq just slightly higher. take a look at the 10-year
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treasury yield, we like to the the key an eye on this. that is down to 3.66%. meanwhile, let's take a look at the 2-year which i believe is also moving lower, it is, down to 3.59%. and breaking this morning, 33,000 boeing workers go on strike overnight, rejecting a pay increase contract with 96% of members saying we're going for the strike. it is friday the is 13th, september. don't be afraid, "varney & company" is about the begin. ♪ muck finish. ♪ everybody's working for the weekend. ♪ everybody wants a new romance ♪ ashley: everybody's working for the weekend. i love this song. great song from the '800s,
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loverboy. band out of canada. i'm a bit of a music nerd, sorry for that. as you look down sixth avenue towards central park in midtown manhattan, looks like a nice morning on this friday. and let's begin this friday morning with some politics. trump says he will not agree to to another debate. good morning, lauren. did he say why? lauren: he doesn't think he needs to writing, quote, when a prize fighter loses a fight, the first words out of his mouth are, i want a match. polls clearly show i won the debate against comed rad kamala harris on tuesday night telephone comrade. kamala should focus on what she should have done. there will be no third debate. but kamala harris isn't taking him that seriously. >> two nights ago donald trump and i had our first debate -- [cheers and applause] and i believe we owe it to the
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voters of to have another debate. [cheers and applause] because this election and what is at stake could not be more important. lauren: well said. look, she got more confidence especially after a her debate performance. but, ashley, is she confident enough to sit for an interview? if that's the question. great on the debate stage, can she do the interviews with even some non-main stream media networks? if. ashley: well, we don't know because she hasn't done it, but that's a good question, lauren, thank you. lisa boothe joins me now. good morning to the you, lisa. >> hi, ashley. ashley: good morning to you. do you think this is a good move by trump, or should he have another crack? >> i mean, would you walk in front of a firing squad? or an ambush? ashley: yeah. >> i mean, that's what the abc
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debate was. i mean, up until the debate abc had 100% positive coverage for kamala harris, 99 3% negative of donald trump. that pretty much tracks with the rest of the media since harris became the nominee. would you walk in front of a firing squad? i know a lot of people on tv and a lot of the political pundits are saying this was a terrible night for donald trump, and i'm not going to the say it was a great night, but there are some positives to walk away with. you look at the fact that his numbers on the economy improved according to cnn's own snap survey after the debate, that's the number one issue for americans right now. you also go back to that recent new york times survey finding that 61% of americans, they want major change from what they have now, and the vast majority of americans view donald trump as that change. new york times did some interviews with undecided voters, and they walked away saying i don't with really think that she represents that big change i'm looking for or, you know what? i was doing better under donald
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trump. so i don't know if that debate really made a material impact. i think there were missed opportunities that i with us disappointed -- i was disappointed in holding her record to account because the the media's not going to do it, but i don't know that id made as much of a difference as people are trying to say it did. ashley: you could also feel the disdain coming off of lindsay davis. >> we can keep talking about, but i'll follow your lead. ashley: i was shocked at how biased it was. white house photographers are going after the harris campaign. according to a letter obtained by axios, they had a, quote, unpress can dented reduction in access over the last several weeks. so, lisa, no one-on-one interviews for harris. the media a appears to have pretty limit limited access. it's just another basement strategy, right? and is it the right one? if. >> well, it's the teleprompter, you know, strategy instead of the basement. they're putting her out there, she's going on the campaign
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trail, but it's the all controlled, it's all filtered. and even during the debate, she rehearsed her lines, but does anyone actually believe she knows what any of them mean? there was a lack of substance. people still don't know where she stands on the issues because she's been in a hundred different issues -- places on each issue. and i think people walked away still not feeling they understood where she stands. and she's parking lot of an administration that the americans believe failed them -- part of an administration. she is the vice president. i don't know if she the did enough to convince americans she's the change they're so desperately looking for right now when they're having to put their groceries on credit cards to put food on the table for their families. the majority of americans are living paycheck to paycheck. ashley: but she never had to answer that during the debate, and when she was asked more pointed questions, she just deflected. as you say, we don't really know, and she certainly hasn't answered the question about
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inflation and how expensive life has become for all of us. >> and, ashley, you know what that shows us? that donald trump is running against a broader system, and the system isn't just rigged against him, it's rigged against us, the american people. the economy was barely mentioned. that's the number one issue for voters right now, and a abc didn't care enough about their audience or the american people to try to get real answers on the economy. and if you even look at the fact that her own economic policy have been manned by her own people, i -- pan pded, i mean, or ro khanna went on tv the slamming her wanting to the tax that unrealized gains. so if your own policies can't be defended by the people who are supposed to defend you, what does that mean for the rest of us? ashley: it says everything. we're going to have to leave it there, but great stuff, lisa boothe -- >> thank you. happy friday. ashley: good to see you. yes, same to you. now this, the harris campaign says they received a surge in postdebate donations, so the question is, lauren, how much did they raise? lauren: $47 million in the 24
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the hours following the debate, and that came from 6000 -- 60000,000 donors. there's enthusiasm behind harris because, obviously, some people liked what they heard enough to put money towards her and her campaign. ashley: interesting, isn't it? it's interesting how so many people watch the same thing and get so many different opinions. anyway, lauren -- lauren: you have your team, and there's, like, hundreds of thousands of people that don't have a team that are looking for a team, and those are the people you need to convince. ashley: exactly. hale make the difference. let's take a look at these markets on the last trading day of the week. let's bring in kenny polcari, the nasdaq just turning negative slightly. kenny polcari, great to have you with us this morning. you say the surge in the s&p is basically defying those fears of a selloff, right? >> yeah. well, that's certainly what it feels like. look what the market has done, the s&p has added $1.3 trillion
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in value this week after a kind of what was a nervous week last week as they continue the traders and the algos continue to push the idea that there's a possibility of a 50 basis point rate cut next week which i don't see at all. and so i think that's what's really driving it, right? then you saw the ecp consistent -- ecb cut by 25 the basis points for the second time on thursday, they anticipated more to come, so that's empowering the people over here that jay powell needs to the play catchup, and the only way to do that so to cut by 50 basis points. therefore, you see the market continue to push higher. ashley: what about recession fears? have they gone away, or are they still lurking out there? >> no, i think they continue to lurk out there. now the bond market, the yield curve is now positive which suggests we should be getting a recession any day now, right? we're in the seventh day of a positive yield curve and still no recession, nor do i think one
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feels like it's coming. i think we've been going through these rolling recessions over the last year, so i don't think there's going to be this big, in your face recession, but i do think you're going to continue to see the rolling recession as we move through which, you know, which is okay. actually, honestly, i think we should see -- i'd like to see a little bit more of a recession because then you'll actually see prices of all those things you've been talking about actually come down in value and stop going up in value. ashley: it'll be a painful way to do it but, kenny, stay right there. i'm digging the johnny cash outfit. you need a cowboy hat, looking very suave. by the way, this wednesday, september 18th, is fed decision day. fox business will have a commercial-free special coverage from 1-4 p.m. eastern with "the big money show," "making money,"
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and "the claman countdown," commercial-free coverage 1-4 on fed decision day here on fox business, good stuff. now this, the biden administration is hiking china tariffs? if on what, lauren in. lauren: electric vehicles and materials used in making them. these tariffs start at the end of this month. evs from china get 100% duty, it's 50% for solar panels, 5% for things like -- 25% for steel, aluminum and key minerals that are used in evs. and that's not all. the biden administration is also working to close this popular loophole that lets te mixer -- temu and shein, those e-commerce sites, ship their products to the united states and escape tariffs on them. there's a loop hole that allows items worth less than $8000 to just sail through --ing 8000. a new proposal would hit the chinese e-commerce giants.
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ashley: lauren, thank you very much. cnn's data reporter or is worried about kamala harris' support among young voters. watch this. >> i think young voters, young voters, young voters. it's a group of voters that kamala harris is struggling versus what you might expect from a normal democratic candidate in a normal year. maybe taylor swift can deliver a new of those. -- few of those. ashley: that's the question, can taylor swift's endorsement help solve the democrats' young voting problem? and at 12 p.m. today, donald trump will hold a press conference in southern california before heading to las vegas for a campaign rally. trump is working hard to expand if his base in blue states. aishah hasnie has the very latest from southern california next. ♪ california knows how to party. ♪ california knows how to the party -- how to party ♪
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ashley: all right, let's take a look at the futures just, what, 20 -- about 13 minutes now before the the open. the dow and the s&p up slight arely, the nasdaq down just slightly. almost carbon copy of yesterday. now this, donald trump has a busy day out west. he has a news conference, a campaign rally and a fund raise egg -- fundraiser. aishah hasnie is in rancho palos verdes this morning and, aishah, tell me about this fundraiser hosted by relatives of gavin newsom's wife? >> reporter: that's right, ashley. it's very, very interesting, isn't it, especially for people who aren't used to hearing something like that happen. but that's right. so the former president is going to be going to the bay area
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later on today to attend a really big fundraiser, it's hosted by billionaire and software developer named tom seibel. if that rings a bell, there is a reason why. tom is apparently a second cousin once removed, so a relative, not an immediate relative, but a relative to governor gavin newsom's wife jennifer. he is a longtime trump donor and supporter, so that's not the stunning part but, of course, kind of interesting being in california and having that relation to the first lady here. now, trump is fund raising here in california, he's also holding a big press conference here at his resort today, perhaps his way of turning the page from if all of the headlines from the debate this week, the cities appointing headlines that he's getting. -- disappointing. the latest being that he will not be doing another debate. he wrote that on truth social yesterday. he said kamala should focus on
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what she should have done during the last almost 4-year period. there will be no third debate. instead, the former president is focusing on money. he has to because look at this, harris got a big bump after the debate, right? but she'd already raised nearly three times as much as him in august, he was about $100 million behind her in cash on hand, so he needs funding fast. last night trump reportedly attended a $250,000 per head fundraiser. from there on, a big rally in nevada tonight. team trump is actually suing the state of nevada, accusing election officials there of not if removing noncitizens from their voting rolls. we're going to keep a close eye on that because that could impact early voting in that state. meantime, trump also made some big policy news if last night in arizona, even grabbing the attention of his opponent. he says that he will end all
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taxes on overtime, says it's time for the working man and woman to catch a break. and as you know, ashley, arizona and nevada big swing states but also big senate races as well, and those two senate republicans, those two republican candidates who are running for those senate races need cash badly. the nrsc needs cash badly, is we'll see if the former president will be able to send them some money, of course, trying to fill his own coffers. ashley? ashley: aishah hasnie up bright and early in the dark of california early this morning. [laughter] great stuff. thank you very much is, we appreciate this -- that. now, this a judge has dismissed two criminal charges in the georgia election sewer interference -- interference case. the judge says prosecutors had no authority to bring the indictments. former arkansas governor mike huckabee joins me now. great to see you, governor. so let me ask you this, has the democrats' lawfare strategy
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starting to the fall apart?? what do you think? if. >> it sure seems to be, ashley. i mean, this is yet another occasion where a judge has said there's just no authority. it's already happened in the florida case. it ought to happen in all these cases. if you look at them as objectively as possible, it's hard to believe that these charges were ever brought anyway. most of them are just scurrilous to begin with, but it's good to see them chipping away and many of them moved now to beyond the election which indicates that all along this was not about bringing justice to this country, this was all about going after donald trump because they fear if they can't beat him at the ballot box, they're going to have to beat him at the jury box. ashley: well, with that in mind, governor, attorney general merrick garland says the doj has a not been used as a political weapon under his watch. listen to this. >> we took steps to better protect the department's criminal and civil law enforcement decisions and and
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its legal judgments from partisan or other inappropriate influences. if our norms are a promise that we will not allow this department to be used as a political weapon. and our norms are a promise that we will not allow this nation if to become a country where law enforcement is treated as an apparatus of politics. ashley: well, governor, the doj has fast-tracked cases against trump, slow-walked cases concerning threats to conservative supreme court justices, and they went after outspoken parents at school board meetings if you remember. all of that, to me, seems like a politicize ised doj. what say you? >> well, i think what we just heard was a full truckload of what my friend larry gatlin would call bovine droppings. [laughter] this is absurd for him the talk about the normses of the doj. s this is the doj that had to
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get d.c.-based attorneys because the local u.s. attorney wouldn't file charges against the 75-year-old grandmother. they went to her house with a s.w.a.t. team, they put her in prison. you have all of these cases where this is a justice department that goes after conservatives, proof life christians, people they don't like. they call moms who show up at a school board to protest what's happening to their children terrorists, and yet they -- ashley: that's right. >> -- away when joe biden has boxes of records he wasn't supposed to have in his garage next to his corvette. ashley: yep. >> and when they don't protect supreme court justices who are being threatened with assassination. ashley: governor, we're going the to leave it there. we're going to have to leave it, i'm -- >> i almost fell out of my chair. [laughter] ashley: terrific stuff, as always. thank you very much. i want to take a quick look at the futures. mostly higher, essentially flat. guess what? if the opening bell is coming up next.
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(♪) is bad debt holding you back? ♪ the only limit is the sky ♪ ♪ it's our time ♪ ♪ you don't want to miss it (just a little bit louder) ♪ ♪ it's our time ♪ ♪ you don't want to miss it ♪ ♪ it's your moment in the spotlight ♪ all your ambitions. all in one app. low fixed rates. borrow up to $100k. no fees required. sofi. get your money right®. ashley: okay, just a come of minutes before the opening bell. mark mahaney joins us this morning. mark, you're cautious on google because of this antitrust trial, right? but you've kept your price target of 225.
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question is, why? >> well, it's a good question. i want to lead with the point of caution here which is these are almost uncharted waters. we saw this only once before with the microsoft case a long time ago. liability is clear, we're not going to get the actual injunction for the remedy until next august, but it's very hard to see how all of these exclusive distribution deals that google has had, heir going to stay in place, you know, post-august or maybe post a year after that with the normal appeals process. so there are some offsets here for google. there are reasons the stay long google. there's a lot of innovation. there's this wonderful option value you have with waymo which is now making more muse this morning. you've got -- more news this morning. very strong assets in youtube, etc. but i'll just lead with the point of caution. there's still upside to the stock. it's definitely one that we -- there are other stocks we prefer, amazon and meta, dash and uber would be three or four that we prefer if over this.
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ashley: all right. got about 40 seconds before the opening bell, mark. you say doordash is a long-term opportunity. where do you think it goes from here? >> yeah, dash we have 155 price target on it. this is a wonderful play off of this clear sort of cultural shift, if you will, behavioral shift we've had in this country and around the world towards delivery. and what this company's doing is giving you two sorts of questionersification into international markets and away from restaurant delivery, towards grocery delivery, convenience delivery, alcohol delivery, everything you need going into the weekend. anyway, i think it's a well-operating business that's starting to generate sizable amounts of free cash flow. it's still early on as a company, so i think there's a lot of upside to it. doordash is one of our top picks. ashley: you got that all in in who two minutes, well done. we are up and running on the markets on this friday the 13th, a bit spooky but, hey, it's all overrated. we're fine today.
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we start with the dow up 43 points or thereabouts. intel and merck up at the top, boeing and amgen down at the bottom. boeing, of course, employees voting to go on strike. obviously, that's hurting the stock. let's take a look at the s&p if we can, see where we are on the s&p 500. and as we look, we see we're up marginally, about a tenth of a percent, up 7 points at 56003. take the a look at the nasdaq -- 5603. that's been hovering around the water line, if you like, just slightly hire, up a couple of points on the nasdaq. let's take a look at some of these big tech names which we like to track every day because, well, as they go, often the market goes. alphabet is higher, up $1 at a 155. apple essentially flat, slightly higher. but microsoft, amazon, meta all moving lower. meta, by the way, down a little bit more than half a percent. as we talked about it, take a look at boeing.
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kind of the laggard on the dow 30 this morning. the workers there rejected a new labor contract. it's not down massively but, lauren, does this mean a strike is definitely on. >>? lauren: yeah. and how long would that last? so we were here 16 years ago. that strike, 2008, it lasted 8 weeks. it cost boeing $100 million a day. now, 16 years later, 96% of their largest union, 333,000 workers -- 33,000 yorkers d workers, are on strike. they want 40% pay hikes, they want annual bonuses. and they might feel like this is their last stand before, let's face it, a chat gpt-designed yet. this is where the future is going. it's also a big test for the new ceo, kelly otter berg, he's trying to fix boeing after the crashes, the blowouts, the issues with their starliner.
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this is the comments we're getting from the company, quote, the message was clear that the tentative agreement we had reached with iam leadership was not acceptable to the men members. we remain committed to resetting our relationship with our employees and the union, and we are ready to get back to the table to reach a new agreement. ash? ashley: all right, lauren, thank you. and, kenny, you know, i think this offer was, like, a 25% pay a raise over the next 4 years. lauren: yeah. ashley: seemed pretty good to me but, you know what, kenny? boeing just can't catch a break. >> they can't catch a break. and it's interesting to see how this is going to end out, right? heir demanding a lot. they're demanding a 40% pay increase as lauren just said, right? plus all the bonuses. they see all the money these big companies are making, and they want a piece of it. it's going to be interesting to see how this negotiation ends, right? i don't think it's going to be 40, but it's going to be more than the 25 they want, is so kind of meet in the middle, maybe it ends up being 30% which is a huge race -- raise, but i
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think it speaks to the where wert in the economy at the moment. ashley: yeah, i think you're right. kenny, thank you. let's take a look at amazon. there are threats of delivery drivers unionizing, so what's been the reaction of amazon, lauren? lauren: paying them more money, 7% more than last year, brings the average wage to about a $22 an hour. some workers at amazon have unionized in some cities and warehouses, and in other cities the national labor relations board designates amazon a joint employer of drivers who are contracted to deliver packages for them. so this can get very confusing. what amazon is doing can here, pay them more, you prevent potential unrest and resulting delivery snags because of that potential unrest. ashley: interesting. let's move on. tell me about the leaders in a.i. meeting at the white house. who's there, what are they up to?
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lauren: all the big guys. openai, nvidia, google, anthropic, microsoft, amazon. officials from the national economic council, the national security council. plus, and this in my opinion is the big one, the power companies. what the white house and what the industry needs to do is figure out, a, how do you put guardrails on a.i. and, b, how do you power it and how do you power it without undermining the green goals of this administration. ashley: good question. adobe, by the way, reporting after the bell yesterday. how did they do? lauren: well, there's clearly a problem. stock's down just about 9%. they make phototo shop. they're diving because of the forecast. that lower forecast is overshadowing a solid quarter. one of the issues is the holidays, good time for business. think christmas cards, you try to make the kids look perfect, you use their software. but cyber monday and a lot of hose promotions fall not in the fiscal year for them, and can that's why they're guiding
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lower. they can't pull that forward. ashley: all right. let's take a look at rh, restoration hardware. great stuff -- lauren: whoa. ashley: expensive, but surging today, up 20. what the heck's going on in. lauren: this stock is equally expensive, 310 a share right now. you know, why do you go into a restoration hard ware? if because it's, in my opinion -- hardware, it's a status symbol and you can get anything there. you can get a crib, you can get a $20,000 couch and a $5,000 mirror, right? [laughter] there's demand for luxury by a certain clientele. rh is a beneficiary of that. at least six brokerages agree, they hiked their price targets after rh hiked their sales targets for the year. ashley: i bet you kenny kenny polcari has been seen among the aisles of rh -- [laughter] lauren: he's got two $5,000 mirrors over his couch. [laughter] ashley: kenny, listen, you brought some stock tick picks.
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let's begin with nvidia. what do you have to say about nvidia a? >> nvidia, partly because, or certainly because it's right at the nexus of where we're going in a.i. and the fact that it was on sale, right? it has rallied back. when we talked about it a couple of weeks ago with stuart that, it was trading, like, at 115, 1112, something like. that it traded a little bit lower, it was off about 30%. it has now rallied back, right? it provided an opportunity as an entry point. i think it's one of those long-term names that people need to to hold in their portfolios. so for me, it was about price. if. ashley: okay, very good. let's move on. the next one, amgen. tell me about amgen. >> so amgen's in that whole weight loss picture, right? they've developed this new her true path weight loss drug -- merry path. it's a monthly injection versus a weekly injection. they're also father ahead in designing -- far ahead in designing a pill to take versus
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the injection. that pill's probably -- the results aren't due until sometime early next year, so there's some wait on that, but look at the way the stock has act ad. it as has really acted well. it's off today i think just because there's some people taking money out of it, but i think for the long term it's a place, a name you want to be in. ashley: very good. it's not johnny cash, kenny, it could be -- it should be kenny rogers, that's what i was thinking of. [laughter] it's johnny cash clothes but it's really kenny rogers. you're a good sport, kenny. david joyce is on a bipartisan task force investigating the assassination attempt on donald trump, and we'll talk to him about the report. the new york city council just voted to approve a commission to study slavery and reparations in the big apple. how much is this going to cost and who's going to pay for it?
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we'll break it all down. and donald trump just unveiled a new policy push, eliminate taxes on overtime pay. watch this. >> people who work overtime are among the hardest working citizens in our country. when you're past 40 hours a week, think of that, your overtime hours will be tax-free. ashley: well, you know what in that's going to be popular. we're going to ask economist brian wesbury what he thinks of trump's latest policy move next. ♪ ♪ but you gotta go to work, work, work, work, work. ♪ you don't gotta go to work with, work, work, work, work ♪
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♪ ashley: the economy and inflatioe the top issues in the upcoming election. madison alworths me now.
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madison, this election will come down the a few key ballot ground states, we know that. so -- battleground states. take us through how inflation has affected those states. >> reporter: vice president harris currently has the lead in the overall forecast for the first time since rising to the top of the ticket, but there are six states that could go either way. and those six toss-ups come with 77 electoral votes. that means it's anyone's game. and we mow that the economy is the top -- we know that the economy is the top issue for voters. and a new report from the congressional joint economic committee republicans show just how much influence nation -- inflation has hit people's pockets since biden has taken office. take a look at these numbers. arizona and nevada, they're paying the 2 22 the 2222% more for their goods -- 22%. georgia, north carolina, nearly 22% as well. wisconsin and pennsylvania, looking at pa, 18% increase. now, let's put that in real
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dollar amounts because that's how i think you really can understand this. arizona and nevada, those households are paying nearly $1,20 2000 -- 12000 extra per month -- 12090 -- pennsylvania, such a critical state. those households are paying just under $1,000 extra each month. so let's look at where these households are feeling it the most. i want to double tap into arizona. overral increase, $153 extra per month. when you look at shelter, $282, and for energy, 131 more per month. georgia, now, that was a state that was very critical four years ago. st a similar story to arizona. all three categories adding triple digits in terms of household bills each month and potentially the most critical state of them all, pennsylvania.
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food costing there $140 extra per month. shelter, $225 more per month and energy just under $100 to. now, according to this report, the national average for the entire nation was $1,100 tomore per month. so swing state the or not, bills are much heavier than they were four years ago. ashley? if. ashley: and everyone's talking about it, and i mean everyone. madison, thank you so much. great report. really interesting stuff. now this, bob trump announcing a -- donald trump announcing a new tax policy yesterday. take a listen. >> i'm also announcing that as part of our additional tax cuts we will end all taxes on overtime. the people who work overtime are among the hardest working citizens in our country. those are the people, they really work. they're police officers, nurses, factory workers, construction workers, truck drivers and machine operators.
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so that's why we will be saying that if you're an overtime worker, when you're past 40 hours a week, think of that, your overtime hours will be tax-free. if. ashley: interesting stuff. brian wesbury joins me now. brian, let's begin there. what to do you make of donald trump's new proposal? >> you know, i mean, let's talk about the politics really quickly first. i mean, it's like the democrats want to give everybody money. president trump is saying, hey, no, you're going to keep more of the money you're making. and so i love this strategy of kind of combating the democrats by saying, hey, if you work hard, you're going to keep more of it. but this goes really deep. you know, i'm going to focus on a affordable housing or health care, you know? and we just had the report on how the cost of everything is going up. and i always think there's two
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sides of every economic coin, right? so you might if say houses cost a lot are, but you have to say what's the other side of the coin? costs a lot relative to what? well, it's your income. ashley: yeah. >> and so if the government is taking all your income, no wonder you can't afford a house. it's not all about the price of the house. it's also about your income. and our government, if you look at federal, state and local and all the cost of complying with their regulations, they take 50% of our gdp. so 50% of everything we produce the government takes the. no wonder people can't afford a house. and so -- ashley: that's exactly right. >> -- it's where we want, we take less out of overtime patient take less out of tips, take less out of social security will make everything more affordable for americans. so i love this plan. ashley: i'm going to have to leave it there, brian.
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i'm so sorry, we're running long. that's my fault but thank you so much for being here. have yourself a great weekend hawaii's the good news. >> thank you, ashley. ashley: thank you. coming up, cnn's jake tapper calling out kamala harris for dodging questions during the debate. watch this. >> the sitting vice president generally reverted to talking points about a but of her policy proposals. even harris allies today are saying that she needs the talk more about what she will do for americans if elect. if elected. ashley: well, the people have been saying that, now is the tide beginning to turn against harris? tammy bruce will be, along on. that remember this video of amazon alexa talking about kamala harris but not providing details about donald trump? listen. >> why should i vote for donald trump? >> i cannot promote if content that supports a certain political party or a specific
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politician. >> alexa, why should i vote for kamala harris? >> while there are many reasons to vote for kamala harris, the most significant may be that she is a female of color with a comprehensive plan to address racial injustice. ashley: wow with, how about that, huh? wow. house republicans are now demanding answers from amazon over the alleged censorship. we'll be back. ♪ ♪
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ashley: the house select subcommittee on the weaponization of government is demanding answers from amazon. the panel is concerned that the tech company's alexa a.i. is censoring election information. hillary vaughn on capitol hill this morning and, hillary, what do we know about this investigation? >> reporter: good morning, ashley. house judiciary chairman jim jordan is investigating amazon's alexa for alleged election bias.
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jordan writing the amazon ceo asking them to explain how exactly this happened -- >> why should i vote for donald trump? >> i cannot promote if content that supports certain political party or a specific politician. >> iowa lex a saw, why should i vote for kamala harris? -- alexa? >> while there are many reasons to vote for kamala harris, the most significant may be that she is a female of color with a comprehensive plan to address racial injustice. >> reporter: jim jordan writing, quote, recent reporting has indicated that amazon may now be selectively censoring information about the 2024 presidential election on alexa, its virtual assistant technology. in light of recent reporting regarding alexa's targeted censorship of president trump, we ask that you arrange for a staff-level briefing with relevant amazon personnel. among the questions republicans want answered, how did executives learn alexa was up to
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this, how long was alexa giving polar opposite answers about trump and harris, and also how exactly did alexa come up with the prolific answer for harris? did someone program her to say that? ultimately, we'll find out if alexa was acting on her own or if actual humans at amazon were behind this. ashley? ashley: yeah, has alexa gone rogue, that's what we want to know. >> reporter: yep. [laughter] ashley: hillary, thank you very much. fascinating stuff. i want to thank kenny polcari, aka kenny if rogers, for sticking with us for the whole hour. have a great weekend. >> you as well. ashley: thank you. still ahead, pennsylvania congressman dan miers on kamala harris -- after she flip-flopped her stance on tracking. jason rantz on portland public schools quietly adopting a new policy that bars teachers from political or personal display in the classroom, and lieutenant chris old very rahs on -- chris
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oliveraz on how they're combating the surgery of venezuelan -- surge of venezuelan gang members. and the fda authorizing its first over the counter hearing aids. fascinating. the 10 a.m. hour of "varney & company" is next. ♪ chase really knows how to put the hart in your local community. see what i did there? hey, jackie! (♪) evan, my guy! you're helping them with savings, right? (♪) i wish i had someone like evan when i started. .. somebody just got their first debit card! ice cream on you? ooo, tacos! i got you. wait hold on, don't you owe me money? what?! your money is a part of your community, so your bank should be too. like, chase! rsv can severely affect the lungs and lower airways. but i'm protected
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