tv Varney Company FOX Business October 15, 2024 11:00am-12:01pm EDT
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type manner. >> she's a terrible candidate and her whole answer yesterday about the stars and cancellations and i -- constellations and i couldn't figure out what she was talking about. she cannot deliver. >> we had all the individuals and businesses receiving money from the government for doing nothing and you pay something to do nothing and spend the money, prices have to go higher. >> nobody thinks donald trump is afraid to engage in the press. and they know what he stands for. they have lived under his policies and they prefer his policies. ♪ stuart: another nice day in new york city and a little cloudy but it's a -- early fall and if you're looking real good in new york.
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there's a couple of stocks and the nasdaq is down 0.87% and that's 160 points and big tech, most of them on the downside and apple and alphabet on the up -- apple is a new high. up $4, 235 and the rest are down. 10-year treasury yield coming down at 4.50% and now this. latest fox power rankings show kamala harris indeed lost ground with black voters, men especially. other polls show the same thing and once dependable group of voters 23409 so reliable and all hands on deck to save the day. barack obama gave a testy speech admonishing black men for not showing enough support. within a day, harris campaign
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had cobbled together what they called a opportunity agenda for black men. amazing. it included 1 million forgivable loans. come on, that's unconstitutional. you can't give away taxpayer money based on race. authorities lost control and black market has taken over. then there's this, harris appeared on black star network with roland martin and it's a political show and harris tried to link the stars, the constellation with trump and racism. >> i talked with somebody once that said if you look at where the stars are in the sky, don't look at them with a brand of things but look at them as points and look at constellation and what it shows you, you
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outlined it and what does it show you? that the cities that he picks on in terms of black population or black mayor or both. come on. stuart: a presidential candidate that speaks in riddles does not inspire confidence. today she sits down with charlamagne tha god and the black vote and no idea what he'll ask or what she'll say and i believe we're see ago pivot in american politics and once trusted constituents are drifting away from the democrats and shifting to trump. third hour of varney starts now.
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stuart: we have jimmy failla, the man himself. >> if you watch that analysis of the constellations, she sounds like she's been hanging out with o'ryan, the hunter, biden. some type of illicit substance along the way. we play a game on saturday night called wine or pills and play clips like that and surmise is she on wine or pills. obviously it's done in fun and don't know the truth. if you're voting for her, i'd guess you're on both because there's nobody that can listen to these answers and take her seriously. stuart: i don't understand what she's saying. >> and they're trying to frame it desperately through the eleventh hour and hemorrhaging support with black voters and the reason why is the democrats failed black voters for 60 years and they're wide awake to that reality now in pandering to them on their race instead of their wellbeing is only alienating them more and trump not getting the vote saying black people hear stuff and he gets it by
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saying ai i'll bed rising tide t lifts all boats in america. stuart: talking about elon musk and big space advancement. spacex caught this rocket booster and coming back down seven minutes later straight to the launch pad and nasa has funding problems and cutting jobs and spent $10 million on environmental justice and dei over the past four years. that's an example of private enterprise that works. >> that's why trump is surging and elon musk masters and the private sec tore weeds out inefficiency the way the government doesn't. elon is launching rockets and catching it and nasa will spend $20 million to make sure nobody mis-genders a met. in this day and age, i'm tired of the hurt caused by the
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mis-gendered mets. stuart: mike murphy, the private enterprise is better any day of the week and musk is private enterprise. >> absolutely and musk said it headaches him less time to build a rocket than getting approval to launch it. he can build the rocket in less time than the government can sign the paper to approve it. that's the reason we invested through spacex and the next tesla and inter-loom and >> i'll drive a small bargain and betting money on the houston rockets, the basketball team. you guys can handle space.
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stuart: jimmy, thank you very much indeed, sir. red ink across the board now and not much. dow is down 90 but the nasdaq is down 151 points. stuart: yes, get on the market no matter what, aren't you? >> new high on the dow and s&p and nasdaq trailing behind look next week and get the tech earnings out and look at nasdaq to make new highs also and the market is trending higher and continues to trend higher and up 23% year-to-date roughly going into today on both the s&p and nasdaq. and companies with increased
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profits and is the market setting new highs because it's looking at pro business president? is the market telling you something about the election that we're going to have lower taxes and a more pro business stuart: in you control the senate, you can stop any mind boggling tax increases and spending increases in the future. i think this rally has something to do with the gop taking the senate. what say you? >> great point. that's why you're in that chair there. because of points like that. yeah, you know, i think what we're seeing is the political landscape definitely matters and 23 you have someone going in who's focused on increasing tax and making bigger government and we're get the -- united states is getting through that term but it's harder for business and harder to make money.
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stuart: i won't have the results and three weeks and one day and they've got to figure out what i'm going to be reporting. >> early votes coming and i'll be here with you and figure it out together and hopefully we have a president that will make our country safer for all people, all americans that live here, all citizens and who will support an economy that can continue to make new highs for the market. stuart: thank you very much, mike. stay there, please. you've got me for the how many . >> yes, sir. stuart: google, backing installation of seven small nuclear power reactors. they're going to be used to power google's ai data centers. now, the energy will be purchased from carlos power and able to produce 500 megawatts of energy. got that? google's deal comes about a month after constellation and microsoft made a similar deal, that will restart three mile
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island in pennsylvania. that's coming back to life. coming up, migrant gangs in new york have a new tactic: recruit young men to threaten or rob people. they're getting a slap on the wrist from police and right back on the streets. what a story. we're all over it. time square. kamala harris trying to make a deal to appeal to black men and latest poll showing she's losing their support. >> you take a look at average of the most recent polls and kamala harris is up by only 41 points. this is part of a long standing trend of young black men moving away from the democratic party. stuart: you got it right. more black men on ditching the democrats and does that mean they're supporting trump? david web is here and he's here in new york for heaven's sake and will take that on. he's walking towards the set and he'll be with us next. ♪
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it's our son, he is always up in our business. it's the verizon 5g home internet i got us. oh... he used to be a competitive gamer but with the higher lag, he can't keep up with his squad. so now we're his “squad”. what are kevin's plans for the fall? he's going to college. out of state, yeah. -yeah in the fall. change of plans, i've decided to stay local. oh excellent! oh that's great! why would i ever leave this? -aw! we will do anything to get him gaming again. you and kevin need to fix this internet situation. heard my name! i swear to god, kevin! -we told you to wait in the car.
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everyone in my old squad has xfinity. less lag, better gaming! i'm gonna need to charge you for three people. >> the polls are 48-48. that's where they are. i refuse to believe we're going to lose. i just don't -- i don't have that thought and telling people what's at risk. if we make our case, well, i don't think we're gone tafanely lose.
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reporter: harris is all over the air waves and battleground blitz coming to ads and surrogates say it's now that voters are learning who the real vm is. >> what i love most is we're really getting to see the vice president's personality. she is feisty, she fights for us, and she is taken it directly to the bully on the lay ground and that bully is donald trump.
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between now and election day. stu, time is running out. stuart: it is. mark, meredith, thank you indeed. >> democratic margin among black men among the age of 45 and presidential elections and back to november of 2012. what do you see? you see obama by 81. then take a look at average of the most recent polls and up by only 41 points and it's part of a long standing trend of young black men and more from the democrat kamala harris the latest to face that magnitude of black men going towards republicans. stuart: look who's here. david webb joining me this morning. >> young black men and next week
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probably young black women they'll go after and the move in the reality and seen people move on out of the baltimore and la and new york and big cities and they leave and go to suburbs or gentrify when they come back in and how do they do that? education, they're learning and they're earning. so they're seeing that and new generation saying what have you done for me. kamala harris takes the black talk show host charlamagne tha god out of new york to detroit and can't find a church like donald trump did and go engage in 8-mile or in those neighborhoods where blacks are suffering under liberal pol policies. >> they've clearly stated and many look at the various podcasts and social media youtube videos that have made
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their case why they're moving and they're moving away from the democrats, which means they're voting their interest and going with 60 a gallon and today deciding under $3, 4 and democrats are trying to play this victims and if i'm the victim, who's the victimizer? stuart: yep, next one, david. three weeks to the election and trump has momentum here. former house speaker newt gingrich was on thous and trump needs to focus on the economy, border and crime. he'll keep the momentum, watch this.
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>> they overlap. economy, crime and all the things around illegal immigration and causing the american people replacing workers especially in underserved communities. they're trying to survive and going for them and and on the border going for immigration and it's a drain with hundreds of billions of dollars in cost and the fact that you can see it playing out around america whether it's chicago on the south side or in a suburban city
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or exurban city somewhere. stuart: i find the patrol of any group and that's condescending and it was offensive. >> it's offensive and real offense here is this talk about this and bigotry of no expectation and you are to do exactly what we tell you when we tell you. it'll tell you what we decide what we do. it's already done and come on, folks. >> hey, i'll bring out the jamaican accent and going for them and all right. stuart: david webb. >> check nvidia please and it's
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down today. looking at 4% loss and closing at record high yesterday. there are supports that u.s. limits export of nvidia advance the ai chips and would cut into their business and down goes the stock, $5, 132 is the price and anything to say on that? >> yes, one of their competitors asml released earnings a day early and stock was down big, 15% or so and it's the whole chip. coming up. spending over $600 million on illegal migrants and crash from the hurricanes and the poll showing vast majority of them with fema spending going for this and new york city councilman going for them and joe borelli here to take that on. joe is next.
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mike murphy is with us and he's going back to the well. roaming he likes the stock with technologies. he raised that before. >> i have and it was down around $6ish and now here it is today and knew 52 week high and back in 2021 this was a almost $20 stock and i think this is becoming a big bank for the younger generation for gen z. look at what sofi is doing and a great management team and i own this stock and there's a lot more room to go from like $10 a share. stuart: i like a bank branch where i can walk in and talk to the teller. i'm the only one in there that like it is. you also like united health group.
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they're down 6%. >> it's been a great performer over the last few years. >> off the low and this is a company if you get a chance to buy on big weak look at miles per hours they put up and numbers in the overall industry may have head winds but the best in the industry is united healthcare and it's a great name tone and i own that one as well. stuart: buy on the dip. just received the latest read from the national read.
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>> it is spend or will spend and looks as if we dodged a bullet on the massive down season and massive holiday down season. that's all the positive for the overall economy and most is propped up by the consumer. stuart: young members of tren de aragua gang are terrorizing right in middle of new york city. none of them are behind bars and new york city j joe borelli is with me and they're living in she woulders and we're paying for that. how is this allowed to happen? >> i appreciate paying room and board on the criminals once they're in jail and not living in luxury hotels down the block from where we're standing right now and active recruitment process by venezuelan gang going on in the hotels before our
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eyes. this is started as robbery crew pickpocketing with the small arms robbery and jackets of people and wallets and they've turned into a full fledged bang of the nypd and very worried about their interaction with the latin kings and ongoing gang of violent war happening and again, right in front of this. >> number one and cooperating with them and we've arrested these folks and let them out because of our liberal bail reform policies and get the double dose of failed liberal policies and sanctuary cities and we can't cooperation and immigration justice system and that the net result is getting the heck out of here. seconds to play out of our hair.
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kamala harris opened the border in biden harris administration and letting the folks in in the first place. stuart: would it take a republican governor of new york and republican mayor of new york city to make that change? to end the sanctuary status? >> it would. it would. that's what you've got to do. >> we have the state police cooperating with nypd and some of the migrants running brothels in queens and should see that happening with the nypd here and state police can overcome the sanctuary city policies.
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stuart: wait a minute. who does the new york times want to be the mayor of new york city? i have no idea. who would you want? do you want cuomo or letitia james? who do you want to run the city? >> he empanelled a conviction to go after corruption in state government and started investigating andrew como disbanded this and he was a guy that was resigned from office because he was about to be impeached and i don't think the new york times is wrong here saying we can do better than andrew como you succinctly pointed out the depth chart of individuals in the city to run the city the right way and take us back.
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stuart: it's down. >> i would never bet against us and we'll come back and it'll take someone with real conviction and spine to stand up to the woke left and push back. stuart: joe borelli, thanks for being with us. now this, nfl reportedly going to let tom brady become a minority owner of the nfl's las vegas raiders. he's been trying to get a piece of the team since last year but it didn't happen because the owner's felt his initial offer was too low. currently the team is valued at $7.8 billion, making it the fifth most valuable franchise in the league. brady wants a 10% stake but not known how much he'll pay for it. mike murphy. the raiders brought in $780 million in revenue last year. what do you make of a price of $7.8 billion? >> i think it's extremely high. continuing to go higher because the television deals these owners are getting that the leagues are getting. there's so much money out there and they're putting a great
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product on the field. i mean, on sundays, most people are watching -- or monday nights, people watching the jets lose last night. as long as viewers are going to go and the money is coming, the value of these teams will continue to go up and where does it stop? they're letting private equity invest in ownership positions and that's more money coming in to chase this very limited commodity and prices continue to go up. great for tb12. stuart: they went through the roof and going up. >> it's a fixed commodity and only so much. if you want ownership, you have to pay up. stuart: it's growing in popularity, especially in tv. >> we should buy a team, you and i. joe too.
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>> west ham. stuart: the mayor of los angeles, karen bass, said democrats need to focus on reminding voters how bad things were under trump. roll it. >> people do have short term memories and it's about reminding people of what the four years under the trump administration was like. stuart: wait a minute? what it that bad? leo terrell refreshing our memory of what life was really like under trump. almost a week since milton hit florida and thousands of residents without gas or electricity. we'll bring you the latest on the recovery efforts. that isex- in. ♪
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gain, 1.9%. back to hurricane recovery. jonathan cerri in bradenton beach, florida. are they making good progress? reporter: yes, but there's still residents in the dark including the hardest hit areas and bradenton beach suffered severe damage during hurricane milton and heavy winds battering some of the older single story homes and smaller structures were watched away. >> unfortunately we don't know the fate of our beach tiki massage and known for that for 14 years and the tiki hut in the middle of gulf drive a few days ago. reporter: according to the tracking service poweroutage.u.s. and approximately 200,000 customers without power and mostly in the tampa bay area and utility crews
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hope to have power restored to nearly everyone by the end of the day. 80% of florida gas stations have fuel but in tampa and sarasota, about half of gas stations are still empty. and on the atlantic coast, the man that road the storm out at his mother-in-law's house returned to his own home in the town of stuart to find an unwelcomed visitor, a small alligator swimming in his pool. he called state wildlife officers to come and remove it. they believe the gator had become disoriented in the storm, wandered over from a nearby retention pond and climbed over a chain link fence surrounding the home. needless to say, the homeowner plans to shore up the security of that fence against any additional unwanted reptiles. stuart: jonathan, thank you indeed. mike murphy is with us. insurance rates in florida really going through the roof, property taxes are going up as well. do you think that makes florida a less desirable place for
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people to move to? >> i don't, stuart. i think the people that are moving there are really moving there for the politics, for the safety, for less woke government. think about it, all the homes you saw that were damaged sports grill so unfortunate for the people that live there, those are water front homes and only so many water front homes out there. if you want to live on the water, you'll pay a premium for the home for your water front or view and paying higher insurance costs so there's a tradeoff. people want to live on the water. still, even with the storms. you can say the storms are getting worse, maybe i don't know exactly. but the storms have always been there. stuart: that's exactly what kevin o'leary said and the storms have been there and florida will be attractive and temporary dip and will come right back. >> absolutely. couldn't agree more. stuart: a new poll shows majority of people don't support spending fema money on migrants. 67% don't think the agency should spend the funds on
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housing migrants who are in the country illegally. fema denied that the agency is short on money for hurricane relief because they spent it on migrants and say that's not true. they say the funds come from two different pots of money. check out the dow 30. fairly even split and big time losers and little bit more green than red. kamala harris trying to use her record as california's top cop to prove she's serious about cracking down on crime. but, the policies she backed led to a surge in crime. she doesn't want to talk about that but leo terrell does and leo is next. ♪ daughter: hey, dad. dad: hey, sweetheart.
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william la jeunesse joins us from california. >> that disparity is front and center and state voters apeer to reject the policies harris previously supported. crime is on the ballot in california where the vice president will choose between the new kamala harris. >> i have put a lot of people in jail. reporter: and the old. >> we have to bifurcate our approach to crime and distinguish between the low level offender and serious violent offender. reporter: da and state ag, harris oversaw measures reducing felonies to misdemeanors and help sell a proposition releasing thousands of inmates on early parole. >> not a one size fits all
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approach to crime. >> under her leadership is attorney general and we've seen the largest erosion of victim's rights and public safety in this state. reporter: now many voters want to roll back the reforms harris supported. prop 36 increases penalties, returns many misdemeanors to felonies and mandates prison for many drug offenders. >> we have to give judges the tools they need to mandate that people get treatment. reporter: on the ball hollywood, la da george gascon that harris endorsed and called him a proven leader and giving people greater opportunities. gascon is down 30 to a former assistant attorney nathan hockman. >> he's lost his the trust of his own prosecutors, law enforcement, victims and the public. i'll restore that trust. reporter: stuart as a california resident, harry received ballot
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in the mail like the rest of us. we asked her campaign for position on 36 and george gascon, we got no response. stuart: you got it. william lori harmon mess, good stuff. thank you. >> our bret baier will ask kamala harris tomorrow, do you support prop 36. prop 36 would put people in jail, but the democrats, stu, do not want to put criminals in jail. they want us to live with them on the streets. and that's why even though 60% of california want to pass prop 36, and prop 36 will pass, if you don't have the execution, it won't work. one other point. prop 47, the bill that allows people to go and commit crime,
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$950,000 in stealing and kamala harris wrote the summary and call it had safe neighborhoods and safe schools. there's nothing safe about prop 47. stuart: that's amazing and all this damage and not reck fioed. that's extraordinary stuff. leo, another one. listen to what the mayor of los angeles, karen bass, said about black men voting in this election. roll that tape, please. >> there's a lot of black men who are leading efforts in the los angeles area to make sure that the communication is out there, and that people understand the significance of this election. but you know people do have short term memories, and it's about reminding people of what the four years under the trump administration was like. stuart: all right, leo. refresh our memories. were the trump years so bad in los angeles? >> not for black men and i'll tell you right now, black men had more income in their pocket, there was a cheaper gas prices, inflation was down, the economy was good.
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here's the thing about karen bass, she doesn't speak for black men. she's basically talking democrat talking points right now, stuart. when they think about trump, right now the american public remembers the good things under trump. i will submit to you, what has kamala harris done for black men from january 2021 when she was -- became vice president till now? she's done nothing. and that's why this rollout of black programs is disingenuous. she's never been a friend to black men. stuart: do we still have a bet on? i think the bet was you say that trump will get 18% of the black vote and i say he probably won't. is that bet still obstructing o? >> i have my menu, three steaks, fish, you're my buddy, you're going to lose because you know black men have lost the democrat party. steak, wine, apple pie and ice cream. where she a bet. i'll fly to new jersey, just pick up the tab.
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stuart: okay, if trump gets 18% of the black vote, he wins the presidency and that's the truth. that's the why it's going to be. leo, i look forward to dining with you at some stage in the future. yo you are a good man. thankses very much. >> thank you. stuart: it's now tuesday, therefore it's three weeks till the election and it's the tuesday trivia question. we're on state capitol week. i know this one. i think i've got this for sure. what is the state capitol of jill? chicago, springfield, redfield or joliet? what is it? the answer when we come back. meet the traveling trio.
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policy! find out if you're sitting on a goldmine. call coventry direct today at the number on your screen, or visit coventrydirect.com. stuart: welcome back to state capitol trivia week. the question is what is the capital of illinois? chicago, springfield, rockford, juliet? i am going to go first because i'm convinced i know the answer. hold on. you want to go first? >> i will defer to you. stuart: the answer is springfield. am i right? >> i agree. stuart: i didn't see that. >> springfield, well done. stuart: what a guy. springfield. the settlement, springfield,
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was originally named calhoun in 1818. it was later renamed springfield in 1832 and became the state capital in 1839. abraham lincoln lived in the city for 24 years when he moved to the white house. what were you tempted to say? >> i wasn't going to say chicago or juliet. i thought rockford. stuart: i was thinking of rockford. a couple other states, springfield is the capital. missouri? no. no. no. "varney and company" is drawing to a close. my colleague and friend neil cavuto starts now. neil: we are waiting for donald trump in chicago to spell out a lot of things, that the economy is horrible.
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