tv Varney Company FOX Business November 12, 2024 11:00am-12:00pm EST
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>> the left would be able to bully and shame people into silence. that's a source of their power and always has been. >> policy from pro crypto from the new administration, and it's telling us that people believe in risk, people believe in the future. >> they do want to actually help this carry out events where objective and some of these criminals and going to have them
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p >> in judge merchan is reading what the supreme court is saying, he has to dismiss without prejudice. >> that signals that the administration understands there's growth indexing to be a lot of lawsuits and litigations. >> this is not a man that sits by idly and waits for things to come together. he makes things happen. stuart: just lover those beatles. baby you're a rich man too. we need rain by we're enjoying this gorgeous weather. 11:00 eastern time and tuesday, november 12. exactly one week after the election. i want to be see bitcoin. record surge this week. it's now at 86,000, 600.
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down from it is high earlier this morning of 89,600. show me big tech, please. no clear trend there. 4.38% upbeat basis points. now this, your years, sachs, the big department store on fifth avenue puton christmas lights opposite of the rockafeller christmas tree. sach's christmas lights are canceled and they'll celebrate the architecture of the iconic building, whatever that means. whatever the reason, new york takes another hit. one less attraction to show the kids at christmas. i work in new york and here every day and notice sloe slow deterioration and going the
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jihad against donald trump and judge merchan politicized the system trying to go after the hush money case and part of the disgraceful law fair vet jim jordan bringing the -- strategy brings the new york judicial system into dispute. the trial of daniel penny resumes saving the terrifies subway riders from a crazed passenger. neily is black and penny is white and it's considered to be a racial prosecution. this is a city overrun with 200,000 illegal migrants costing the city billions of dollars. this is a city where residents residentssteerful of street crid convenient stores lock everything up and jews are assaulted in the street and leading university columbia, harbors anti-semi-mites and it's a sanctuary city. there's one g glimmer of hope ad donald trump takes inroads and
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this one great second-degree may yet realize one party, democrat rule, leads to ruin. as trump said, what do you have to lose. time to bring in new york city former cab driver, jimmy fail louisiana the christmas lights -- jimmy failla. the christmas lights sounds obscure but people are shocked that the lights are coming down. >> it's the latest of quality of life deterioration and so many experiences go away. just to speak to the idea of people getting together for tourism, one of the reasons it's a favor is everyone was getting pickpocketted. at sach's people stand and look at lights and migrant street gangs pickpocketing them and at the christmas tree too when we go shoot at the tree for my show, we bring a security team and in the city, one party fights the wrong battles and they're going after trump for what? crime through the roof and people terrified to ride the subway and he peaked stormy daniels by check instead of her
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normal singles. there's not one and stay start to vote for trump and packed mad madison square garden and one guy and trump-appointed talks about crime and lowering taxes, okay. trump talks about bringing back businesses and the most popular restaurant chain in the city is the space for rent. stuart: it is. moving on, democrat congressman seth molton said democrats focus too much on canceling people instead of the issues that matter most. >> this is all from a fellow democrats and colleagues in congress from senior members theying you're right, we try to cancel people instead of focusing on issues that matters the most the how is that the republicans are doing better on the economy and more trusted on
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the economy when trump wants to cut taxes for his billionaire friends? >> if any of you like reading at a third grade level, you'll love this book. >> my camp driving days and problems with a cancel battle is a whole the there's never a deliverable. what i mean is you go in there and you fight the wrong battle. to give you a good example, in the summer of 2020, unrest of policing practice what did they ultimately do? nothing changed in terms of police or? terms of relation with the community and canceled aunt seizure disorders myoma. they deny us -- aunt jessica jed anybody advocating for a conservative viewpoint was shut down. >> that's a hate speech and border, you have to be racist and all the people on the left
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are apoplectic that latinos voted for trump. on the view, they're voting against their own family as if their families are here illegally. that's a news flash. democrats, if you're having these conversations, you understand if latinos are voting for trump, they're in the game legally. that's how it works. stuart: moving onto oprah, she's denied being paid a million by the harris campaign. watch this. >> did they pay you $1 million for endorsement of kamala? >> not true. i was paid nothing. stuart: she says she wasn't paid. but what about her production company? >> yeah. that's what i mean. there's a little bit of gymnastics going on right there and that's why she was in the joe gather outfit. that was -- yoga outfit and a somersault to deflect of who got the money. you own the production company. it came your way. if you sat through the town hall with kamala and kept a straight face for two hours and i'd argue you deserve the million and she had to dig fio fio a lot of nonanswers. give -- dignify a lot of
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nonanswers. stuart: we'll watch you every weekday fox news saturday night at 10:00 p.m.. tickets on sale for the iranians ever night of comedy. you're hosting the event december 12. it's at center in new york city. get tickets now at foxnation.com/nightofcomedy. >> i'll leave two tickets fir you at box office, jimmy. stuart: thank you very much. off 130 and nasdaq down 15. starting with bitcoin, mike murphy with maine do you care and do you see it that way? >> i care, yes, it's become big news and 10 o thousand and big round getting a lot of attention. to say from the levels that's what, less than 20% to the
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upside and it could be there within a week the way it's trading and my concern is always people at home investing in this and now if you're in. we're sitting at all time high. if you've ever invested in bitcoin, we're doing well, congratulations. great. go out and sell something that you have that's quality invest in bitcoin, i haven't done it. i hope it goes up for people, but by concern is that if it has a correction, some people that don't understand these investment may lose money. stuart: both in agreement and this on the stock narcotic in the stock market and strong rally. my question is what could actually halt the trump rally in the stock market? jot election. that's not something hyperbolic that needs a correction. i think what's happening, stuart, if you look -- listen to
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some of -- we heard earnings from a lot of different companies and large corporations feel better. i think large corporations realize the era of overregulation is behind us and taxes will be lower for them and their balance sheets and earnings should look better next year. it's a good time to be investing. stuart: if we get a corporate tax rate cut to 15%, surely that'll work wonders for stocks and profit margins. >> absolutely. there's no other way around it. like that will be more money to the bottom line of companies that means higher earnings, which should equate to higher stock prices. stuart: thanks, mike. stay with me for the hour. ark invest ceo. that's the name of company, ark invest ceo. good morning, madison. >> good morning. she's saying it's going to turbo
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charge the economy and going to usher in votes that we haven't seen and compared today's economic situation and go there for president reagan tax cuts combined with the rate tax cuts and going for them to create explosive growth and allowed them to get out of the deficit and going for the clinton era and she believes that the current efficiencies in the government she's excited and connecting to what you were talking about and changing of the guard changing of the guard and ftc and sec calling the sec "a menace to the dick emberd al assets movements". we see with bitcoin, we're seeing positive movement there.
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stuart: going to the white house to meet jill biden and synergy home she said no. president trump filling out members of his administration and latest additions to his team. take a look at this. un climate conference to shake down for cash. lomborg is a environmentalist and talking about the cash grab from the greenist. that's next. harlem has everything. but i couldn't find pilates anywhere. so i started my own studio. and with the right help, i can make this place
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talking with peter doocy at the white house. biden is trump have starkly different policies and the leaders handling the mixed messaging? reporter: stu, that's the biggest question here today at the white house: what's the point of this meeting? why is the israeli president here talking to out going president joe biden who's power expires in 69 days and is it just a courtesy considering the fact we know with the times of israel, the israelis are talking to trump's team? or is it like tomorrow's meeting with donald trump and biden set up so that president biden can try and impart foreign policy wisdom and impart in january.
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reporter: biden administration was can date with their issues about their approach to the war in gaza for months. the trump team is claiming that just in the last week that haven't been there -- hasn't been their observation and meetings with middle earn leaders going we want the killing to stop, end the war, we want peace and know you can make it happen. vice president harris in the hope of a lot of people at the white house was going to be the standard bearer in a lot of transitional meetings. as of this moment a week ago, things didn't go their way, the only thing on her schedule today is a lunch with president biden.
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>> fossil fuels deliver cheaper and for powerful energy and 81% of energy from fossil fuels in 2000 and last year it was still 81%. stuart: un climate conference an excuse to shake the un down for cash? why is this big conference -- climate conference a money grab? >> there's a reason it's called 29 because there's been 28 other meetings before it which resulted in almost nothing. this of course is that's not
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been the play for the last two deck said and instead, rich countries tried to bribe the poor parts of the world to at least go along in saying that they want to do something about climate. we started spending about $100 billion a couple of years ago and mostly re-branded money and not real money. but now leaders from the core part of the world want to up the ante and a trillion for more and i read in financial times that the head of the european development bank is actually suggesting that we should be spending $11.7 trillion per year. stuart: slime summits are not
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meeting deadlines or goals and people are opting out of the rules. what's going to happen to this whole cop 29, cop 30 god knows what. what's going to happen to all this? >> they're very likely going to continue. that's what we've seen with all of their kinds of international meetings but the real question is is that where the climate change is and that's why when trump pulls out of the paris agreement, it'll cause a lot of frustration around the rest of the world. but actually means we can stop doing the things that don't work. remember, in the last eight years before paris, the global decor bonnization rate is 1.98% in the eight years after paris, it was 1.99%. stop doing what we're doing and investing in green energy and reservice connected and develop
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p.m. much, much cheaper and it'll actually be the stuff that works. stuart: i think we get that message, born lomborg, thank sore being with us. see you soon. murphy, come back in. will trump end the green energy push? >> drill, baby, drill. stuart: he's done it. >> of course he will. it's one of the first things but most importantly, stuart, another example of president trump using common sense to say, hey, why should we be reliant on foreign governments that often don't like us and don't want us to succeed and fuel our economy. when we have all the fuel we need here. it's really tough to make -- to hold up that argument the green focus. >> green new deal is a bust. >> total bust. i think a lot of people knew it, but it was pushed to hard by the media and by the politicians that did back it, common sense is going to drive this market higher and it's going to drive the economy, what's going to
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drive president trump's administration hopefully. stuart: mike, thanks very much. development on the lines, toyota bashing ev mandates in states like new york and california. hawkeyes the issue, madison? >> not realistic and it's not possible. they say the mandates set to take effect in 2025 are impossible. for automaters like toyota to meet. we're talking admissions of the resource board or card and they require that 35% of new car sales be electric by 2026. that 100% of car sales be electric by 2035. 12 states adopted the standards including here in n new york and across the river in new jersey. hollies said if states don't
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change the goals, drivers will not have options they actually want in the showroom when is they go to buy cars. this would also definitely drive up the price of gas powered vehicles, not just in the states but in the surrounding states as well. but coming out and saying it, it's impossible. stuart: it's common sense from toyota, what a wonderful thing that is. madison, thanks very much. have a look at price of oil today. it's down to $67 a barrel. opec has cut global demand forecasts again. here's how the big energy names are reacting. most of them are lower. we have eog resources up but conoco phillips, exon and valero are down. singer nicole sherif sherzingers attacked for wanting a hat that said make jesus first again. >> want as hat about jesus. i would think that would be the unifying thing. stuart: resident theologian
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jonathan morris taking that on later in the show. a texas sackmary lob owner opened her ziti -- texas sackmasalonowner opened her busg covid and now she's going to the texas state legislature and that salon owner is next. ♪ meet the traveling trio. the thrill seeker. the soul searcher. and - ahoy! it's the explorer! each helping to protect their money with chase. woah, a lost card isn't keeping this thrill seeker down. lost her card, not the vibe. the soul searcher, is finding his identity, and helping to protect it. hey! oh yeah, the explorer! she's looking to dive deeper...
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stuart: murphy is back and a stock pick. the stock ha he picks is up 24% on the day he pick it is. >> well, let's rewind a minute. hold on. you and i spoke about shopify a couple months ago in the mid 70s and came out with earnings and stocks having a huge up day this. speaks, stuart, to startup economy to some of the private businesses that we vs. 23 and they're going shopify and
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they're the customers that are increasing the demand to use their product so shopify, the knock was it's competing with amazon. you don't have to think of it as amazon competitor. but a company that's fueling the buildup in new companies in this country. goes north of 150. stuart: you've been right before, i hope you're right again. mark merri bowl death is west palm -- mark meredith in west palm beach, florida, for us. who are the new additions? reporter: good morning, stu. "the wall street journal" reporting in the last few minutes that ardent trump supporter and investor john paulson is not going to be joining and from his complex financial obstr obstructing cern ligases, he'd not be able -- obligations, he'd not be able to
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do so and wait for the official announcement of who will be the next treasury secretary or the nominee. one nominee we're hearing about is marco rubio overnight and he's likely to be chosen as trump's pick for secretary of state. rubio, no stranger to what's happened here in florida and of course in washington serving in the stat since 2011, sitting on both foreign affairs and intelligence committees and it was a trump critic and ran against him in 2016. the two men have certainly patched things up. it appears that the senate is on board with the idea of a secretary rubio. john fetterman, the democratic senator from pennsylvania writing unsurprisingly the other team's pick will have political differences of my own and that being said, my colleague is a strong choice, and i look forward to voting for his confirmation. fox learning that trump picking kristi noem as head for department of homeland security. this is interesting choice because she was somebody want to be considered a potential vp pick but fell out of contention and wrote in her memoir shooting and killing her dog, who she
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claimed was unruly and trump urging lawmakers on the hill to move quickly and getting nominees in place shortly after taking office and rick scott running for majority leader is on board with the idea. >> what a great tuesday. a great tuesday. we can all be way more excited and if we don't have the right leader in the senate, then what's going to happen is all the things that donald trump wants to do is going to get bogged down and not happening and nominees won't be done. i'm committed to do whatever it takes to get nominees confirmed and agenda passed. ed reporter: what's interesting is the president elect kept a fairly low pro file on the ground here in west pomaded. tomorrow the spotlight is him heading up to dc for that heat with president biden is looking to see what other stops he may make along the way. stu. stuart: mark meredith, thank you very much indeed. special guests coming up. i nest guest is the onlier of salon in texas and jailed during covid because she opened her
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store during business. then ran for the texas state legislature and won. her name is shelly luther and she joins me now. shelly, is it true you opened up your store because you saw nancy pelosi getting her hair done during the lockdown? is that true? >> the salon was open before nancy pelosi started doing that, but i've gone to jail for opening my salon and nancy thought she could do whatever she wants. stuart: you're in the texas state legislature and what's your top priority? >> obviously we need to lessen government 6789 especially during a emergency situation and the government doesn't get to do whatever they want and we need to make sure that we have laws in place to make sure that people can manage their own self and their own families. stuart: are you angry with the officials or the policies that put you in jail in the first place?
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>> not anymore, but i'm ready to get to work for texas. stuart: have you got the business? >> i do. salon a-la-mode in north dallas. check it out. stuart: have you got a lot of business since being in jail and now the texas state legislatesture and proved your point in business? >> absolutely. we have business going there and getting their hair done because of what we did and hair stylists there cutting hair because they know we'll never shut down again. stuart: that's wonderful. shelley, it's been short. thank you for being with us, and you're our hero. see you soon. >> thank you. stuart: melania trump reportedly refused an offer to meet with first lady jill biden at the white house. do we know why, madison? >> we have a sense of why. what it seems to be is because of the federal raid of mar-a-lago for classified documents a supple summers ago and melania trump decline that had offering to go to the white
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house with her husband tomorrow and meet with jill biden because of the federal government's investigation. that turned her mar-a-lago home inside out. a source told the new york post she's not going because of the raid and it left her angry and in her words, it was an invasion of privacy. melania said when she returned to her home, she saw a lot of unpleasant stuff that nobody wants to see. according to cnn though, they say it's because the future first lady has a prior scheduling conflict with her newly released memoir, but regardless of the reason, she's not going to be there. tomorrow, president elect donald trump will meet with president biden in the oval office for that traditional postelection meeting. trump met with obama in 2016, but did not invite the bidens in 2020. now, usually the first lady hosts her successor for tea in the white house but melania is saying no thanks. not the first time she's changed the script when the first lady and interesting to see how she handles it this time around.
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know if that's the reason why he backed out or not, but i think donald trump spoke a lot about his cabinet when doing his interview with joe rogan and he said it's very important to him last time, 2016, he was a newcomer to washington and this time he's doing a better jock ot longer term. somebody that's been around him for a long time, somebody who was there in 2016 or known for a long time, that's who's going to fill this role. stuart: whoever fills that role will be a tax cutter? >> a tax cutter and guarantee it won't be janet yellen. stuart: definitely bet on that one. mike, thanks very much indeed. marketsover 200 for the dow and 30 opportunistic the nasdaq. rose ink this morning. boeing delivered 14 jets in the months of october. that was less than half of what they made last year. boeing, down to $145 a share.
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wouldn't buy that on a dip, would you? >> you want to buy a commercial jet, two places to go in the world for the most part. boeing is one of them. i'm watch -- if boeing is going to be able to get the ship righted and say in the stocks here in the 140s, 150s, if they can shore up their balance sheet a bit more and get past this bump in the road that they're going through, people are still -- with everything that happened, people are still ordering their planes. that's going to continue so this will be a stock that you can buy if they clear this hurdle they're facing right now. stuart: mike, thanks indeed. we're talk ago lot about trump adding to his cabinet and donald trump is filling out his administration. the questions are rising: who will he pick for attorney general? david spunt at justice department. who's on the short list, david? reporter: i wish i knew the list and the short list is changing and we won't know till there's an announcement from the president elect himself or his campaign, but the list is constantly changing. the president elect has made it
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no secret, stuart, he's disdain for the department of justice and has had disdain for this department really since after he took office the first time. the reason it all started with jeff sessions. then ag jeff sessions recused himself from the muller probe and infuriated then president trump since he's wanted to change the doj. some of the names we're hearing are former director of national intelligent john ratcliffe, utah senator mike lee, former acting attorney general matt whitaker, former florida torn general, pam bondi, sec chairman jay clayton, texas attorney general ken paxton and conservative attorney mike pealetta and said this on fox news a couple hours ago the career at a political work force at doj. listen. >> who would have thought its controversial when a new boss come with a new agenda and the people working support the president's agenda. only in the federal government
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and a deep swamp do career employees think they get to run the joint as it were. reporter: what's unclear, is how many career officials at doj stays on the job when the new attorney general and administration takes over and maria:d emotions from the career people. these are people that have worked for democratic and republican administrations, but in speaking to some of the career people, i know they look forward to staying. back to you. stuart: david, thanks very much. madison, tell me about the petition calming for trump to make elon musk a special adviser on ai. >> yeah, this petition, they're asking to put musk in that position to lead ai policy in the u.s.. so that we can continue to lead in this transformational frontier. the petition was started by an ai advocacy group called americans for responsible innovation. ari's senior vice president of government affairs said there's no one better position to help the trump admin straff navigate the technology and mussing
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pioneered ai advancement and sounded alarm about ai's potential risk. has both of the sides and musk has own ai company, x ai and musk founded openai when it was a nonprofit. he really sparked the ai race with openai and launched different llms and really created all the ai tools that we have within the last year. musk also sued openai and the federal cofounders earlier arguing they abandoned the company's mission. they're looking for 10,000 signatures because they like that musk is a proponent for ai but wants to have safeguards in place. my question is, how many role cans this guy have in the public sector as well as privateer? stuart: multiple if both by the looks of it. we're going to check the dow 30 and dow industrials down 230 points and expect to see a bit of red. there's quite a lot of red, but still some green. we're down 230, 44,000 just above that level.
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fox news voter analysis shows trump dominated with christian voters. what made him so appealing to this group? resident theologian jonathan morris on that next. ♪ what does a good investment opportunity look like? at t. rowe price we let curiosity light the way. asking smart questions about opportunities like clean water. and what promising new treatment advances can make a new tomorrow possible. better questions. better outcomes. patients who have sensitive teeth but also want whiter teeth, they have to make a choice- one versus the other. new sensodyne clinical white, it provides 2 shades whiter teeth as well as providing 24/7 sensitivity protection. patients are going to love to see sensodyne on the shelf.
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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. everyone in my old squad has xfinity. less lag, better gaming! i'm gonna need to charge you for three people.
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stuart: christian voters of all denominations and 64% of catholics and 36% of moray mans and resident theologian jonathan morris with me now. what put catholics off harris? >> this is fascinating. 24 the swing states, the big swing states, which we talked about so much leading up to the election, there was a 9% shift of the catholic vote from 2020 to 2024. 9%. that changed the election. was it is a snubbing of the catholics that harris did that turned them off? i don't think so. it's an alignment with radical
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liberal itches that catholics in the swing states said that's not us. it's not necessarily because she's not catholic or because she's not christian enough, but rather your philosophies, your values do not line up with swing state catholic voters and there's a strong judiah catholic voting system in these states and rust belt and other states and she aligned herself with radical liberalism that had nothing to do with religion so-to-speak. stuart: sak's fifth avenue canceled annual light show that they've been doing for decades or certainly years. they've canceled it. what do you make of is that? >> there's such a strong belief system that has seeped into american society that where he can't do anything that's openly religious if there's any public affiliation whatsoever. that's not the american tradition. it's certainly not the american
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belief system and go to those electing our government officials and religion is a big part of their life. what the republicans have realized is if we don't -- we're not dictating people to be religious. we don't have to be religious ourselves but if we allow people to be who they want to be, it's good for politics. and this craziness of saying we're going to cancel whatever it is, because it has something to do with religion or religious holidays is not a winning argument anymore. stuart: on a note -- similar note to this, there's a comedian russell brand, he shared his make jesus first again hat on his instagram. nicole scherzinger shared her support saying where do we get this hat? there's backlash for that and whoopie goldberg on the view came to her defense. >> she liked a hat. relax. >> about jesus. >> she liked a hat about jesus.
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i would think that would be the unifying thing. it's the hat. it's just a hat. stuart: looked like a maga hat but had a message, jesus. why can't you use the word jesus these days on the left? >> well, the view is embarrassed over their predictions of the election. right, very -- they're embarembarrassed and whoopie gog is a smart person. she's shifting a bit and saying hey, guys, we can't be 100% against the republicans, 100% against anybody that would vote for trump. yes, it looked like a maga hat but said jesus. whoopie is saying relax, calm down. jesus is a unifying element in our society for most people, we have to stop being completely aligned with the radical liberalism that gives no space, no inclusion, for the other. stuart: it doesn't. jonathan, vaughn very much indeed. on a related note, new exit
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polling shows what could have been a turning point for harris among jewish voters. what is it? >> yeah, it's fascinating. if harris had instead picked pennsylvania governor josh shapiro as her vice president, could have helped her in pennsylvania specifically with jewish voters. so harris won jewish voters in pa by 7 percentage points and 48% of jewish voters voted forked her but 53% of jewish voters say they would have voted for harris, if is shapiro was on the ticket. he's jewish. that's according to to the exit survey for the honing group teach coalition. these results suggest that harris would have come closer, maybe even would have won pennsylvania cpi she lost to tram -- which she lost to trump by 2.1%. shapiro has a solid reputation in the state and campaigned hard with harris and was considered a front runner for her vp pick. when he was passed over though,
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there was real concern his jewish identity played a role in blocking him considering the democrats issue with the war in gaza. jewish voters were very focused on anti-semi-schism with their vote. we -- anti-semitism with their vote and 43% of pennsylvania jewish voters say the rise in anti-semitism had a significant impact on their vote. stuart: trump ended up with 32 possessor of the jewish vote and highest for a long time with republicans. the way it was. madison, thank you. time for the tuesday trivia question. i don't know the answer and neither does murphy. he always says he knows the answer but i don't think he does. who was the only president born in new hampshire, pierce, grant, coolidge or mckinnley? we'll figure it out and get back to you. ♪
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when i was a kid, my mom would always put harry & david pears in our stockings. and if you got that gold one, it was like you had won christmas. my grandmother started it and now it's a tradition that i get to pass on to my kids. and that means a lot. the one good question that has us all stumped. who was the only president born in new hampshire. ashley is not playing. he is not in studio but we have mike murphy who will go first.
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is it franklin pierce? ulysses s grant? calvin coolidge? william mckinley? >> i will go with franklin pierce. i may be right. let's see. >> i will go with calvin coolidge. stuart: i think you are right. franklin pierce. oh no. you got it right. is that me again? stuart: franklin pierce served from 1853 to 1857. democrats refused to renominate him and james buchanan replaced him as the 15th president. thanks for getting rolling. thanks for being with me for the our. time is up for me. it's yours. neil: franklin pierce was a snappy dresser.
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