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tv   Varney Company  FOX Business  September 30, 2024 10:00am-11:00am EDT

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>> the black-eyed i always like them let's get it started, good morning 10:00 o'clock eastern monday september the 30th the last day of the month and the last day of the quarter, look at the money the dow was off 200, minor losses for the s&p and the nasdaq is dead flat, the ten year treasury has been going up 3.76%, the price of oil on the downside $67 a barrel and bitcoin that unchained not that much change 638, that is the market and now this, iran is america's better enemy and has been for two generations. after devastating military action by israel iran is vulnerable, they are losing, why is the biden harris team pleading with israel to go easy israel has given biden a lesson
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on how to confront a mortal enemy, attack, kill terrorist leaders and don't cease fire when you are winning and they are winning almost all of leaders of hezbollah and hamas are dead killed by bunker busting bombs and exploding devices, the who thieves another iranian proxy group being attacked in yemen the war has biden like it or not has been the stockpile of missiles has been degraded and they are worried about their own personal safety, he should be israel can take out any terrorist leader at any time, not popular with young people either, the economy is a mess in the killing of a young woman by the morality police as to a flashpoint for antigovernment sentiment that is serious vulnerability, yet biden turns to the vigorously anti-semitic united nations he wants help with the cease-fire and de-escalation, why the iranians are in deep trouble the s entered explanation of the
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democrat party but the iranians are in trouble senator sanders wants to halt weapon sales to israel included the bunker busting bombs and israelis may need to take out iran's underground nuclear production let's not forget democrat congresswoman rashida tlaib him in the squad who detests all things israel it is a sad commentary on a week joe biden he is the appeasement president harris would be no different, the second hour of "varney" just getting started. >> donald trump book travel to georgia with a hurricane helene, vice president here's cutting her trip short to get a briefing at fema headquarters in washington, d.c., mollie hemingway joins us is that enough for harris to get a briefing while trump is on the ground looking at the damage.
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>> what we saw in the last couple of days is stunning not just this horrific storm that has caused so much devastation in many states in the southeastern u.s., just the relative silence from president biden who is still the president and vice president harris' fundraising this weekend and so much outrage happening on social media that the country's leaders the media and political officials were not giving attention to what of the worst storms to hit the mainland u.s. in history, there trying to catch up a little bit now but it's very bizarre there's no address from the actual president or from, the harasser is trying to position herself as if she's the president there's not a lot of concern about western north carolina or these areas that have spencer ravaged. helene do to harris what katrina did to george bush.
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>> it is interesting during katrina it was the media that tried to blame president bush for failures of local and state officials and they made that up session. you had this inverse situation for governor of florida of rhonda santos helping out the people of north carolina because it cost less devastation in florida than they were anticipating so you see this amazing work by local officials even if it's not happening in north carolina and you had biden asked if there will have more resources sent to the region and he said no, this type of thing it is unclear if he is totally in control of what he's doing or saying but there's a bigger picture we seem to have a government that wants to spend so much money on illegal aliens were migrant they're willing to do housing and food and shelter in education for people who are not legal american citizens but they're not willing to do it for the people who read legal citizens are willing to spend so much money overseas on war or
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other efforts but when devastation happens in our own country you don't see a lot of people at the national level who seem to be concerned at all speed when much a response to tim walt's being booed at the michigan football game doesn't have anything to do with politics in the muslim vote. >> the democrats really help that tim walt's would help them with their meal problems you have a lot of men whether white men, black men, hispanic men who do not want to vote for, the hairs so they thought tim walt's would help the situation as if they fail to communicate with any man before they could not pick and that bugs him in wrong way whether there men who love men and he comes off deeply weird in his policies are not very manly whether it's putting tampons and boys restrooms or some of the most egregious policies he's had, i think the realizing they made a mistake with the vice presidential pick but will have to see how it goes during the debate. mollie hemingway thank you for being with us we will see you
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soon, fema federal emergency management are offering assistance to states affected by helene, what are they doing. >> they're sending and starving satellites there's many blackout zones in the area like asheville north carolina communication is destroyed and what is ironic fema is bringing the starving sin now but north carolina would had more than 19000 the fcc granted four years ago then revoked two years ago a rural internet award for star link so this would not of been an issue likely if that hadn't happened, look at the video that is a tesla in a garage in florida and it caught on fire when saltwater came into the garage short you own in ev and live in a region that can get flooding you don't want to practice near your home keep it faraway and keep enter be careful when you charge it that it doesn't have saltwater.
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>> that is not good pr, joined fox forward support of recovery efforts visit redcross.org/fox forward or scan the qr code to support these efforts to the markets in a mixed picture, the dow is up 100 points a very small loss for the s&p and the nasdaq on monday morning, ryan pain with us, were at the start of a huge global stimulus the first i've heard of it, that is huge news china's economy has been a lag in the major recession that the real estate bubble burst, what's happening away and 0 nine where the real estate bubble burst and now they're pretty major stimulus into the economy the chinese market was up over 18% it was a huge move we had to think about in terms of the global economy as everyone benefits when china comes out of the big recession we think about commodity prices in china buys a lot of the roads
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commodity you look at caterpillar their mining business in china below 2012 that was up 6%, everyone is looking at how the global economy will benefit from them coming out of major recession that is usually for the market. >> energy stocks are doing well to recover. >> it's covering very low or oversupplied but if china gets back in motion that could be good for energy prices of materials in general there's so many places to put your money that benefits from the fact that is the second largest of the economy in the world coming out a slowdown. >> why do you say all companies are tech companies. if you look at capital spending and nominal gdp, 50% technology spending which means every company right now is invested in automation, artificial intelligence and robotics to make your company with high high fixed cost that goes right to
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the bottom line when you produce through technology instead of the hot a.i. every companies can improve their margins by using the technology which is margin expansion, profit growth and we really need it because read a labor shortage in labor market falling off a cliff we don't have enough workers to fill up the jobs were getting need more robotics to actually fill the roles. >> i should buy nvidia as a a.i. leader. >> now don't buy nvidia it's overpriced by everything else but nvidia, thank you for being with us, we appreciate it, checked the crypto look at them on the screen that coin is down a little bit 63000 a theory about 26, who did the crypto guys support is it harris or trump spin.
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>> it's really interesting right down the middle according to a new poll put out by coin-based americans who own crypto support trump and harris equally the pole release the powerpoint-based third-quarter state found that 47% of crypto owners plan to vote for harris and guess what 47% plan to vote for trump completely split down the middle, one of the points here 52 million adults own crypto in this country and about six and half million live in the seven swing states, arizona, georgia, michigan, north carolina, nevada, pennsylvania and wisconsin n95% say i'm going to vote. as it stands mr. trump has been supportive of crypto, kamala harris has been more cautious. >> audit, look at apple the big winners on the big board there up nearly 3.1.3%, what is the
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story. >> the wall street journal is reported that dave exited negotiations to invest in open a.i. chat gpt but that does not mean they're not innovating, bloomberg is reported there working on a.i. air pods, a computer interprets outside world and dictates all of that to your ear spin. >> i love that. >> it would be cool and helpful and also scary but the ramping up work on a less expensive division pro goggles, new smart home devices, the list goes on that is apple story today. >> good story i like that idea, but wayne down again 153, there at 151 moments ago the boeing suppliers worry about long-term job loss some have furloughed workers others have delayed making investments the boeing union strike started over two weeks ago, two weeks and counting. >> what's with cbs a wall street journal report that glenview
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capital is meeting with top cbs executives to discuss how to improve operations, cvs has cut the full-year profit forecast four times this year they share is down by the 22%, maybe changes will happen boosting the stock 2.5% today. >> may be the do something about shoplifting, think you some of america's busiest ports could be brought to a halt dockworkers are ready to strike and president biden says he's not doing anything to intervene one way away from the press enter vice presidential debate enter debate and walt is a bad debater he is nervous we have the latest on debate prep kamala harris getting tough on the border one congresswoman says don't believe her. >> she had a must for years to solve the border crisis and all she did was make sure it was wide open nobody can believe her because her actions have said something completely different. >> the vice president of the national border patrol council will take that on, he is next
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we were down 200 a few minutes ago the nasdaq and s&p down a fraction check big tech another mixed picture apple, alphabet up microsoft, amazon, nvidia down new data shows tens of thousands of illegal migrants with serious criminal convictions jacqui heinrich at the white house what is the homeland security department saying about the very large numbers.
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>> the numbers are stunning but dhs says they're being misinterpreted it came to light after republican texas congressman tony gonzales asked eyes how many illegal immigrants are in the country facing criminal conviction or charges that are not in their custody visits with information return 13000 aliens convicted of homicide, 15000 convicted of sexual assault appear on ice non- detained list meaning it could be roaming the country freely, overall the data shows 425,431 convicted criminals not in detention with an additional 222,000 facing petty criminal charges, dhs is the data in the letter is being misinterpreted it goes back decades and includes individuals who enter the country over the past 40 years or more the vast majority who custody determination was made long before this a administration it also includes
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many who are under the jurisdiction are currently incarcerated by federal, state or local law personal partners, however, they did not provide any data to break down that claim former president trump shot back at vp harris this weekend who asserted she will be the one to secure the border. >> kamala harris, you are fired, get out of here, get out of here kamala harris, go back to san francisco which you destroyed. >> harris says she'll go further than joe biden to restrict illegal crossings making it tougher to reopen the border and executive order that they imposed in june. >> we will pursue more severe criminal charges against repeat violators. if someone does not make an asylum request and a legal point of entry and instead crosses are border unlawfully they will be
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barred from receiving asylum while we understand that many people that are desperate to migrate the united states our system must be orderly and secure spin. >> the executive order that biden finally imposed to regulate the border after three and a half years shutdown access to the asylum system when the average of illegal crossings over the span of a week hit 2500 in a single day with the requirement only to reopen if the number dips below 1500, that is not happen but now vp harris is saying she would drop the number down even further. >> thank you very much indeed the house majority whip is tom emmer and he's slamming kamala harris to get tough on the border. >> do we believe her now after she had a must for years to solve the border crisis and all she did was make sure it was
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wide open she never even bothered to go to the border until this past week, that is because this is one of the number one issues in the campaign it is not just people that are migrants trying to come to this country for a better life it is criminals, gang members this is too little too late nobody can believe her because her actions that something completely different. >> chris cabrera joins mina with the soundbite from kamala harris, she was saying desperate to get to america we must let them in an orderly fashion it seems like she's inviting them in how can she blame trump for the border mess and get away with it. >> she's doing whatever she has to do to get elected i think bernie sanders said josie whatever she needs to say in order to get elected in order to not necessarily what she's going to do. >> he said he'll waste no time
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cracking down on the border watch this. >> day one of my new administration i'll stop all of our migrant fights, they are not counted in the numbers, i will and catch and release and restore remain in mexico i will bring back title 42 medical i will send in federal law enforcement to rescue every town that has been taken over by migrant gangs and criminal alien thugs. >> could he really do all of that as president doesn't he need a republican congress as well. >> he did a lot in his last administration and i think he proved a lot of people wrong he found ways to get it done and he was very successful and he's right the remainder mexico policy needs to get back and be the status quo. >> would that be the tricks. >> i believe so it worked last
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time this time mexico is not helping us out because they know that's a administration has no teeth under the trump administration they did what we needed them to do. >> we have not seen a surge at the border or maybe they're flying in with the app, chris, thank you for joining us always appreciate it, see you soon. harris faced a lot of criticism for what she wore on a trip to the border, what is a problem. >> it turns out the bling border don't go together very well kamala harris has visited the border and it was a photo op to try to make her look tough on an issue that many consider a huge political weakness for her campaign but the camera caught something else, critics say she was wearing a 62000 gold tiffany necklace has to be pointed out that's not being confirmed by the tiffany or harris team they were quick to jump it on social
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media and one person saying she is middle-class but she doesn't enjoy showing off a $62000 tiffany gold necklace, somebody else wrote respectfully you look ridiculous and thoroughly removed from what's right in front of your face the photo op was not a total loss they got a great shot of the necklace it was harris first visit to the southern border since 2021 to el paso, texas which was four months after joe biden named her the borders are, bling a border not a good next spin. >> still ahead james cordon said he tried to take those epic for weight loss but it did not work and there's one reason why, doc siegel on the case the new york times has officially endorsed, by harris they say she's only patriotic choice for president, i have to say i'm not surprised they never endorse republicans the media guy joe concha is on the story next. moco untrained
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speed method 100 points may not
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back down 31 during his back looking at the movers the old chrysler democrats deleted spin there warning about lower profits and cash. their daily back production in their also offering big discounts to move their cards right here in the u.s. there blaming china for competition for electric vehicles that they self and you could see all of the automakers are down on their warning. >> we have a cruise line, carnival is down. >> i don't get this a great report card the ceo says the first half of next year is already booked in their doing so at record ticket prices, the stock is down on worries of profitability for the fourth quarter but not for the full year, things are looking good there warning on fourth-quarter profit has the cruise lines down 2.5%. >> i know that they make the sleep apnea masks. >> correct there introducing for
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the first time and never powered sleep assist and offer a 3% gain in eli lilly which those weight loss drugs help with sweet untreated sleep apnea to. >> deep answer to walt's face-off tomorrow night and the only vice presidential debate could be the final debate of the election season, alexis mcadams and walt is nervous that's what were hearing from a few sources with debate prep we wonder why he would be a little bit nervous one of the reasons he could be quite of a lot of the debate prep not only that but what on one with other people in his team first and hammer home of immigration and more and this is what the trump team had to say, watch.
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>> and all the way dating back to the district attorney for san francisco and jd on the terrible decisions that they made throughout her entire career in ten walt has to grapple with trying to explain why kamala harris is not responsible for the crises of the last four years. >> tom emmer has been helping with debate prep role-playing walt's for advanced he's like gavin newsom wearing a flannel shirt what is walt going to plan on stage were hearing that he's trying to be authentic and be himself he is not going to try to be a slick debater like jd vance but he does expect him to be a good debater we hear him all the time during the interviews of every major network and toxin defense trump walt is expected to skip over and hammer trump won of the main topics will be immigration kamala harris at the border the first border trip of the first four years there through the roof.
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>> more than 650,000 micro to enter the country illegally in the how dangerous is this for americans be met they came out of jails and it was 13576 and that's at least a bit you have that hundreds of thousands that have been imprisoned for the worse crimes and kamala harris does not know what she's doing she allowed them to come in and they have to be removed. >> that is the plan to hammer, by harris, biden and walt on being soft on crime and the border policies during the debate cbs is it's going to be up to the candidates to fact check each other, it'll be a little different than the abc news debate. >> that's very interesting, thank you very much indeed let's bring a joe concha to talk about tomorrow night's debate, what do you make of the candidates fact checking each other. >> i think it worked well during this heated debate we saw that june 27 atlanta joe biden versus
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donald trump in the moderator stayed out of it. if you get into the fact checking business as a moderator you run into the possibility has been seen as bias at the abc moderators clearly were, here are the numbers 11 times abc fact checked or followed up with donald trump with questions 0 times did they do the same to kamala harris with fact checks and follow-up questions and then they were accused of really stepping on the scales for kamala harris during the debate so by staying out of it i think it's better that jd vance and ten walt fact check each other ask the questions and follow-up if you have to, that's your only job. >> look at this the new york times officially endorsed kamala harris, they call her the only patriotic choice for president, the only patriotic choice for president in the new york times i'm not surprised it's been decades almost a half a century since they endorse republicans. >> the new york times has endorsed the likes of mcgovern,
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humphrey, carter trice, mondale, dukakis, kerry and hillary that is among the winners that they've chosen over the years and being completely out of touch with the country, imagine endorsing mondale he probably should've rethought that little bit, this is no surprise whatsoever. joe biden or kamala harris is yet to do an inner luncheon interview with editorial board in the time says kamala harris is up suited told the constitution this is a candidate the.receive one vote for being installed as the nominee, they harris is the same candidate the said last week she wants to eliminate the filibuster but what's really going about the endorsement if you read it they go after donald trump as expected but then they call his supporters unpatriotic, basket of deplorable's if it were any endorsements don't mean all that much, i remember 2016 when i worked at the hell we looked at the major endorsements from different newspapers across the
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country and hillary clinton received 57 of 69 endorsements in all of that got her was a concession speech and a set of steak knives and the influence is not there anymore. >> real fast i cannot see tim walt's being nervous tomorrow night i do not see that i think it'll come across robust, what do you say. >> i disagree this is like a boxer getting into the ring without training he's yet to do one major interview and yet to be asked one difficult question while jd vance has done 15 press conferences and dozens of national interviews and taking tough questions, vance will be published in box will be a train wreck and the issues are on the answer side with content economy and immigration. i know you have to go this is the last big moment of this campaign as far as they will not be a presidential debate you will not see kamala harris and trump together this is the last time the contrast of the two tickets if it doesn't go well
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unto them welfare walt it'll be bad for kamala harris because polls are trending decisively in donald trump's direction they need to reverse it with a good debate and i have a feeling that's not going to happen. >> let me tell everyone you can watch a cbs news vice presidential debate on fox business it starts at 9:00 p.m. eastern leading up to the debate preshow coverage on the bottom line from 60. >> eight eastern on fox business any moment president biden will give an update on the response to hurricane helene will bring you any updates as they come in, covered up the new york post reports jewish voters want to replace eric adams with andrew cuomo and will tell you why they're willing to give the disgraced governor a second chance, sad news to report actor in singer-songwriter chris christopherson has died the icon was famous for hits like me and bobby mcgee he was also an a-list hollywood actor starting in the 1976 film star is born his family said he died peacefully on saturday at his
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home in maui hawaii he was 88 years old.
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>> check the market very small price losses now up 40 nasdaq -- ten, i want to show you the shipping stocks this surprises me there in the green even though recounting onto a port strike, ship maritime holdings of nearly 4% in they've gone up 27% this quarter as we approach the strike apparently there is a feeling that freight rates will go up in the event of a strike
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that's what investors are saying the stocks in the green. >> when you look at the revenue billions of dollars coming in for the company for the profitability is not as high shipping companies make 6 cents on the dollar six and a quarter% net profit compare that to coca-cola with 20 cents on the dollar they're not as profitable as you would imagine. increasing rate is good for t them. >> kamala harris will say your price gouging, some people like alexandra garcia quartet district in queens, new york say she's missing in action, they're not happy with their neighborhood which they say has been a hotbed for. >> workers. has aoc said anything about the state of her district? we must not at all, thank you for having me, aoc is missing in action, she's not come into the neighborhood and doesn't face a
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quality of life describe what's happening systemically impressed in storefront closing their doors because of the conditions that are out there, businesses are not flourishing out because we have other prostitutes loitering in the area and violent crime up 90% in one year, things need to change immediately. >> do you have any doubt that aoc will be reelected to her district this november. >> that is the thing about politics, there is a majority of people that do vote and some people that don't think on the lack of work that she's actually doing she is out there invoices or opinions on certain things but doesn't do anything that got
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them pups suggest voters are ready to support andrew cuomo for mayor, would you support to support cuomo if adams needs to be replaced. >> the issue with cuomo he has his checkered past and there's problems there but he's one of the reasons there is so much prostitution and by repealing the loitering and anti-loitering we have all the individuals constantly in the street in front of business causing issues i'm not sure he would be able to be the person to represent new york city at this time, i would put all of my backing and courteously walk to become the mayor. >> the administration of new york city is in chaos chief counsel adams says he's not leaving he will stay and fight
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the chaotic administration will be with us for at least another year and nothing will change in new york city because they cannot govern, what do you say. >> i say we need to get the real people in the office eat and make sure everyone is represented correctly we need to look for viable and strong candidate that can represent this area and the people and not just somebody looking for a check or a photo op. >> can you ever see aoc's district the one you been talking about can you ever see a going republican? >> i'm starting there slowly it all starts with the groundwork i am the republican there and i'm running for city council when the time comes i'll do my best to represent the republican party and show the republican
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party is the party for the people we met we need some change, thank you for being with us. we appreciate it. >> thank you for having me. coming up dockworkers up and down the east coast preparing to strike my opinion this is about union power with a prounion president is in the white house that is my take at the top of the hour in a new study claims a severe case of covid can aid your brain by 20 years anyway the damage can be reversed, doctor siegel on the case next to duckduckgo on all your devie
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duckduckgo comes with a built-n engine, like google, but it's r and doesn't spy on your searchs and duckduckgo lets you browsel but it blocks cookies and creepy ads that follow youa and other companies. and there's no catch. it's fre. we make money from ads, but they don't follow you aroud join the millions of people taking back their privacy by downloading duckduckgo on all your devices today.
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year 29 points in the nasdaq is down 19 that is not much of it, i don't know how we clothes but right now not that much selling, show me weight watchers the ceo has left the company, do we know why? weight watchers has not given a reason for his departure but it's clear that the company has been struggling the latest earnings report showed associated with the restructuring of the company, he
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joined the ceo more than two years ago and during the tenure she led the company's moves into prescription drug weight loss fitness including acquisition of a telehealth clinic that helps users get prescriptions for drugs like those epic, while gobi entry of the city, weight watchers shares down 90% over the last year, trading as a penny stock, a member and an executive is taking over as interim chief executive the stock itself 82 cents. >> a related story tv host james corrigan says he tried take it is epic for weight loss but it did not work doctor marc siegel joins us now, do we know why it didn't work make you never know who it's going to work for sometimes it works for some people and sometimes it works for others, what it actually does is increases the hormone in
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your gut called glp-1 that is variable some people make about on their own some people make more when they exercise or when they eat less this drug boosted and makes a certain kind of but it's not the same for everyone and some more than ever hundred others in some it will not work. >> a new study that shows a severe case of covid can aid your brain by 20 years, if you want to follow the story you need to define what is severe covid-19, can you define it. >> i would say covid-19 a post covid syndrome where you get very sick and afterwards you develop brain fog or persistent weakness, fatigue, shortness of breath, palpitations, rapid heart rate everybody knows and symptoms. if you have more of it and especially if it affects your brain like brain fog problem concentrating it can persist, do
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you want to know if there's a test i have to tell you in some cases this is very specialized at nyu we have a test called mri cat scan you can see the activity decrease in parts of the brain as a result of covid it's an auto antibody and autoimmune phenomenon in other words covid makes antibodies that work against the brain it's really disturbing but it's not all across the board it's only certain cases. >> tell me about the problem with mold following hurricane helene, i'm told it's going to be an extreme problem. >> the first problem is millions have no power, the second problem millions having flood and water in their houses get wet and accommodation of no power and water in your house is a huge problem because the first thing i would tell you to do turn on your air conditioner dehumidifier if we can get rid of the humidity than the mold dries up. the biggest problem is behind
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your walls it's indexing crannies where you cannot see it you might see a little brown spot on the wall where little green spot then your coughing and sneezing we have a problem with allergies hypersensitivity people with underlying lung disease like asthma and emphysema to watch out for this i'm very concerned people who are immunocompromised. >> we seen the pictures coming up and it's not funny, thank you very much for being here we will see you soon check the big board a minor lost on 60 points, 42253 the dow winners quite a few apple is up 1.5%, walmart, chevron, home depot and unitedhealth on the upside s&p 500 winners, cvs, but they're not, fedex, resmed apa operation nasdaq winners, but they're not, intuitive surgical palo alto,
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brown-forman corporation the yield on the ten year treasury going up to 3.78% the price of gold still not quite back to $2700 an ounce, 2656 as we speak bitcoin last time i checked 64000 now at 63007, still ahead steve forbes on trump's plan for more tax cuts, kurt volker will react israel take out the leader of hezbollah steve moore takes on the impending port strike and matthew whitaker on new doubts about trump civil fraud verdict, the 11:00 o'clock is next.
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...
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(man) look at this silly little sailboat... these men of means with their silver spoons, eating up the financial favors of the 1%. what would become of them when they discover robinhood gold allows others to earn their very liberal rates on idle cash, unlimited deposit bonuses and handsome retirement matching? they would descend into chaos. merciless chaos.
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