>> americans will look back at the carter presidency as primarily a failure, but will not look back on him personally as a failure. quite the opposite in fact. >> either too much eggnog or the grinch got the best of him when it comes to the stock markets. balance side volatility and downside momentum and looks uglier than upside momentum and nobody panics when they're making more money. >> we can't have the disaster over the last year and a half of having more democrats voting for massive bills than republicans under republican-led house. >> i've been around donald trump now for nine years. i've got to tell you, this guy is the most extraordinary deal maker and know gaucheuater i've ever seen. >>-- negotiator i've seen. >> they rigged the contest and

wound up with the two worst people and donald trump beat them both soundly. >> the momentum we've seen up to this point coming off the excitement from the election, a lot of that is going to wane. ashley: it is 11:00 a.m. on the east coast on this monday, december 30th. i'm ashley webster in today for stu. as we take a look at the markets, it has been lower than this. the dow coming back a little bit, was down more than 700 points, almost down 800, right now down 1.25% and same story on s&p and again, nasdaq down close to 1.5%. talking about the nasdaq, look at big tech names and they've been down across the board as you would imagine in this environment, but nvidia turning positive. up about half a percent but alphabet, microsoft, apple, amazon all moving lower. interestingly with the selloff, the 10-year treasury yield has been moving lower. off the seven-month high of 4.6%

standing at 4.55%. take a look at 2-year yield. that two is down six basis points at 4.27% and of course we like to keep an eye on bitcoin, which has also been moving lower this morning. there you have it, down $2600 at $91,765 on bitcoin. thank goodness jason katz is here to talk about it all. jason, we have a market selloff on our hands today. yes, the trading is very thin we should point out, but what are you telling investors today? >> i would attribute this selloff to two factors. one, simple profit taking. we had a parabolic move since the election and secondly, there's this perceived or even manufactured perception of dissension among the republican ranks as it relates to this visa issue. so the question is whether that will impede the ability to get other things done, i think that's really not the issue at

hand and people shouldn't sweat that. ashley: so essentially markets in a wait and see holding pattern till trump takes office, but you don't think we've lost the momentum? >> well, look, we've had a terrific year and investors have gotten what they've asked for. the fed has cut rates and we've seen the pro growth agenda and lower taxes, et cetera. we're at 23 times earnings, and we're not going to see further gains as a result of multiple expansion. if we're going to get more gains, it'll be result of earnings growth. in order to get earnings growth of at least 10%, you'll need a pragmatic and tactical apreach with respect to deportations and tariffs. so to use your term wait and see, yes, markets are going to wait and see what sort of approach trump 2.0 takes with respect to these issues. ashley: is it time now to look at those treasury bonds do you think? >> sounds like a stuart varney question to me. ashley: it is.

[ laughter ] >> without equivocation, the answer is yes. we've seen the move from 3.5 to 4.5 some odd percent on the 10 year. some is hand ringing, of course, with respect to deficit spending. another of course is the fact that the fed is basically on pause. even though the fed should be looking at data at hand, they're looking forward and wondering the inflationary affects of some pro growth policies that trump 2.0 is discussing. this move up in yields i think will be short lived and you should seize the moment and buy fixed income. even if the 10-year gets to 5%, that too will be short lived. buying fixed income, make money not only through income but gains as ultimately rates start to migrate lower. ashley: you did stu proud on that one. jason, very quickly, look, can tech or will tech carry the load again next year? >> it's a heavy lift considering that the multiple of the mag 7

is north of 30 some odd times earnings, but i do think, ashley, that earnings will grow into those stock prices. the momentum we're seeing in earnings growth and a profitability and a margin improvement as a result of ai is extremely real, and i think we'll see tangible results sooner than later. i think they'll maintain their leadership, albeit at not the same clip. ashley: very good. we'll leave it there but, jason, thank you so much. a calming voice in all of this. jason katz, thank you. now this. former president jimmy carter passing away at age of 100. he served as our 39th president from 1977 till 1981. president biden spoke to the nation after carter's passing. >> carter's bygone era and the capability manner but i don't

believe it's a bygone manner. i see him for all times and someone with the most fundamental values we can never let slip away. all though sometimes it seems like it is. we all do well to try to be a little more like jimmy carter. ashley: steve forbes joins me now. great to have you here today, steve. what key moments do you remember from president carter? did you meet with him? >> i did in the most unusual way. when he was first running for president, he was an aster ising in the polls and -- asterisk in the polls and head of coca-cola asked if we'd visit with jimmy carter. he came up to our office and saw press secretary like real candidates do, we didn't bring in our reporters because we didn't think it was going to go anywhere. he spoke in a way as if he was the front runner and never acknowledged he was starting from zero and was the front runner and win new hampshire and

florida and this and that. my father said this is a lesson how people with delude themselves. less than 24 hours later, he was running for office and so much for political progress that's pn and he was unable to cope with inflation and he did do good things on deregulation and in foreign policy, we had the iran disaster, central american disaster and slow in recognizing disaster in terms of soviet union and that's why ronald reagan won in a landslide in 1980. it was a troubled presidency, the character stood out and post presidency was a highly active one. ashley: it was indeed. i want to get to this one, steve. a reporter for cbs news blasting the media for ignoring president biden's cognitive decline. listen to this. >> undercover reporting that

would be to me joe biden's obvious cognitive decline that became undeniable in the televised debate and yet he insisted he could still run for president. we should have much more forcefully questioned whether he was fit for office for another four years, which could have led to a primary for the democrats. ashley: too late now. steve, we talked often about joe biden's decline for the last few years and how is it that the rest of the media just coming to this realization? >> well, i was going to say, she said no, that was a big story in 2024. it was a big story in 2021, 2022, and 2023 and they all cover it had up. the media covered it up, white house shamelessly covered it up and now that they can't hide it anymore and he's leaving office, now they can suddenly say oh, well, we should have done more or white house should have told us sooner. it was right there to see, but they refused to see it. shamefully one of the biggest scandals in american history. ashley: i totally agree.

one of the biggest frauds and now we get reports that joe biden regrets dropping out. says he could have beaten trump. what do you think about that? >> dilutional, which is why he'y he's leaving office and trump is coming in. ratings in the 30s and painfully seeing the man operate physically and mentally and not up for it. the policies are mostly a disaster which is again, why donald trump is taking oath of office in a few weeks. ashley: good place to leave it. as always, terrific stuff. steve forbes, thank you for being here today. >> thank you, ash. happy new year. ashley: thank you, and same to you, sir. president elect trump has asked the supreme court to postpone the tiktok divest or ban law. grady trimble joining us this morning. grady, why does trump want to delay? reporter: ash, if tiktok doesn't sell in the next 20 or so days, the ban goes into effect the day before president elect trump's inauguration. what he's asking the supreme

court to do is to delay the implementation of that law to give him time to come up with wow. solution to the national -- a solution to the national security of tiktok and parent company byte dance. in the court filing, an attorney for trump writes, "president trump alone presents the consummate deal making and the mandate and political will to negotiate a resolution to save the platform while addressing the national security concerns expressed by the government, concerns which president trump himself has acknowledged". chu is one of the many leaders trump met with and back in 2020, president elect trump was one of the first to suggest that tiktok needs banned because of its ties to china. on the campaign trail this thymoaround, he used the -- time around, he used the platform to reach young voters and save it. >> we'll take a look at tiktok.

i have a warm spot for tiktok because i won youth by 34 points, and there are those that say that tiktok had something to do with that. reporter: so this petition was filed in advance of the oral arguments, which the supreme court will hear on january 10th. we expect the justice department to defend the divest or ban law as it has in the past because of those national security concerns, but tiktok has maintained throughout the whole process that this law violates the first amendment rights of its 170 million american users. ash. ashley: yep. much more to be said on that, grady, grady trimble at the white house, thank you so much. now this, nypd is holding a news conference on the security that will be in for tomorrow's new year's eve celebrations of course in time square. we'll bring you the very latest updates as we have them. we're keeping an eye on that. still ahead, a federal judge

blocking the biden administration from selling unused border wall steel. donald trump calls it a major and crucial win for america. we're all over that story. the pentagon said china is conducting the largest military buildup since the 1930s. is this meant to be an intimidation tactic? retired four-star general jack keane will be here to talk about that. we're staying locked in on the wall street trying to come back a little bit. more analysis and what's leading the markets lower coming up next.

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rewards members, get early access to an ea sports fc25 kit. visit xfinity.com/rewards. ashley: we have this just in, speaker mike johnson is responding to donald trump's endorsement in the speakership race. in a post on x, johnson said "thank you, mr. president.

i'm honored and humbled by your support as always and together we will quickly deliver on your america first agenda and usher in the new golden age of america". that just in from mike johnson after an endorsement by the president elect. all right, let's check the markets. still selling off all though i would say we're trying to come back a little bit, all though it's all relative. the dow still off 450 points, down 1%. same story on s&p and nasdaq down 1 point 33%. ray wong joining me now on the phone. ray, great to have you here. is this a warning sign heading into 2025 or just profit taking and rebalancing of the books? >> actually, i think they're just trimming the books at the moment. look at bonds, not necessarily low but one could say the santa claus rally didn't happen and the grinch overstayed his welcome. that's what we're looking@the moment. but we're seeing the comeback --

ashley: sorry to interrupt. with regard to the big tech names and i asked other analysts, is this a buying opportunity? >> it's not necessarily a buying opportunity. i think most people are just trimming what they had for the year, but in general, the mag 7 is a buying opportunity when you see a enough of a bit. i'm not sure it's going to end today, but when you're just looking at trading bonds right now, it looks like people are trimming, they're rebalancing and waiting for the new year and when january is usually a bad month in general, this might be a sign to say, hey, things are actually changing and it's happening to be pulled forward a few weeks earlier than usual. we'll see what happens in january because everyone is looking really closely at earnings, and those corporate earnings will tell what everybody is looking at to see whether, you know, the stocks will continue the momentum and that these stocks have the power behind them. all signs look like they're doing really well.

ashley: very quickly, ray, 2024, no matter how we're finishing it, do we keep the momentum going in 2025? >> i definitely think s. a few factors, we've got mna markets that are about to ex-ploid with lina kahn on her way out and data and stripe and companies that are ready to go and waiting for this moment and of course we have the regulatory hangover of getting rid of regulatory piece that's going to help us a ton in terms of making it a lot easier for businesses to operate. ashley: got it. ray wang, thank you again for jumping on the phone and happy new year to you, sir. >> happy new year. ashley: okay, thank you. tributes from around the world are pouring in for former president jimmy carter. steve ha harrigan joins me now. steve, how are people remembering the former president?

reporter: districts pouring in far and -- tributes pouring in far and wide from people in the u.s. and around the world. people saying they feel like they knew president carter and admired his life and work. throughout the day here, we've been seeing people come up to the carter center, lay flowers and we talked to some of them about what jimmy carter meant to them. >> i never met him or was anywhere near him, but it feels like we all knew him. >> he gave his heart and soul to making things better here and around the world. reporter: a statement for former president -- from former president obama said jimmy carter taught us all what it meant to live with grace. former president bush saying that carter's work with habitat for humanity set an example that would inspire generations of americans. we're expecting eight days of memorial services over the next week. ceremony here scheduled at the carter center and after that, a state funeral in washington. after that carter will be buried in plains, georgia.

ashley, back to you. ashley: steve harrigan. steve, thank you very much. retired four-star general jack keane joins me now. general, one of jimmy carter's defining moment is when he broke the first peace agreement in the middle east successfully ushering peace between israel and egypt after 30 years of war. how will you remember president jimmy carter? >> well, certainly that is the most iconic moment in his foreign policy and lasted to this day. i think when you take a look at the carter presidency, you know, he was a human rights activist and very much center in his foreign policy, and he was the first president to condemn apartheid in south africa. also, we have to be frank about it because human rights was a problem that the shaw had and jimmy carter shied away from the shaw, who was running iran and it facilitated the radical

islamist taking over when that became a central part of his foreign policy. many other presidents had to cope at the intersection of national security and our values, and make decisions based on that. and it's very difficult to exclude one or the other. sometimes we have to find the proper balance, notice howie balance that -- how we balance that with the kingdom of saudi arabia and the agreements don't always agree with ours but national security has to dominate that, and that's true for democratic and republican presidents. his post-presidency was likely the most remarkable in history and president for four years, but he was on the world stage for 40+ years living a remarkable life trying to help freedom around the world. 125 elections i've read just recently that he was monitoring in scores of country, fighting diseases, and obviously helping to build people's homes here

back in the united states. i think he set an extraordinary example for the power of the presidency of what you can do with your postpresidential life. ashley: yeah, amen to that. i want to talk about this one too, general. there is a new warning that china may be conducting the largest military buildup since that of the natzi germany during the 1930s. is this in response to donald trump's second term or are we reading too much into this? >> no, this has been going on for ten years. this is not news. i was on a congressional commission and i looked at our national defense strategy. trump identify it had then and that was way back in 2018 and it had been going on for years. this is the most rapid buildup in history that's taken place by the chinese. listen, united states remains the world's number one military superpower. why is that? because we can project power all

over the world, the american people have seen us do that. here's the catch, when we get in about a thousand miles of the chinese coast, the military advantage swings decisively to china. you name the platform and they outnumber us, and the quality of their platforms is quickly catching if not surpassing. i'm talking about ships, airplanes, offensive missiles, defensive missiles. one advantage we have is in submarines, and they are certainly on the move there as well. yes, this is, as you indicated, the most rapid military buildup in history. ashley: yeah, cannot be ignored for sure. general jack keane, we're already out of time but, general, thank you so much for taking time out to talk to us, as always. >> happy new year to you, ash, and the audience. ashley: thank you. you too, general. happy new year to you too. the white house announcing another new aid package for ukraine. how much this time, madison?

madison: we're talking nearly $6 billion in additional military and budget assistance to ukraine. president biden announced roughly $2.5 billion in the additional security assistance and includes $1.25 billion in military aid that's drawn from the u.s. stockpiles and $1.22 billion in ukraine package. that's the final pack odell beckham jr of his time -- pack package of his time in office. biden saying "at my direction, united states will work to strengthen ukraine in the war during my time in office, which is drawing to a close". treasury secretary janet yellen said the u.s. made an additional $3.4 billion and that's how we get to that $6 billion mark and put it in context since russia invasion of ukraine, u.s. congress has approved $175 billion in assistance, ash. ashley: that's a big number. madison, thank you very much. now this, mexico is creating an

app that lets illegal migrants in the united states send out a warning to others if they are detained. is mexico working against trump's deportation plans? border guy chris cabrera will be here to take that on. first, take a look at big board and dow now off about 472 points. earlier in the session we were down more than 700 points keeping an eye on it and the "varney & co." show rolls on.

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choose the path of direct bitcoin investment with itrustcapital because access equals opportunity. invest in bitcoin at itrustcapital.com today. ashley: we mention in the top of the hour, nypd giving update on security measures and taking for new year's eve celebration in time square tomorrow. madison, what have we learned so far? madison: yeah, latest is everything is going to plan and we don't have any threats but laid out a couple things and new yorkers and visited a peace of mind and nypd and mayor adams holding in press conference and the details of the security and planning that goes into this epic, big, new year's eve celebration in time square and mayor adams excited to welcome the crowd and new year and celebrate the upcoming 400th anniversary of new york city. it's a very old city by u.s.

standards, but you come from somewhere older than here, ash. security ramped up in the city and time square and nypd urging residents to do their part and see something, say something and do something. new york police officers are going to be patrolling and canine bomb sniffing teams and overhead aviation units with drones and that's what they're sharing and usually coming to these things, there's more stuff happening they don't want the public to know about in terms of safety precautions and no direct threats to new year's eve celebration at this time. homeland security telling fox business the same saying in part "while hsi is not aware of credible threats at this time, we continue to monitor for any changes and remain prepared to respond alongside our state, local, and federal partners. so big stuff coming up, ash. can't believe the new year's eve celebration is already here. ashley: i know.

just around the corner from you. it's almost here. madison, thank you very much. let's take a look at these markets that have been sharply lower from the opening bell two hours ago, but we are coming back. i mean, it's all relative, but we're coming back a little bit. dow down 1% and same for s&p and nasdaq down 1.25. some buying coming back into the market. take a look at nvidia. there's a few winners this morning. nvidia though up half a percent and they just completed a $700 million acquisition of run ai, that's an israeli startup company. the european commission granting their approval after clearing antitrust hurdles and again, nvidia up close to half a percent. meanwhile, nike, just do it, nike down today as you can see 2%. they're about 30% on the year on the downside. may be in part due to them struggling to connect to their customers and reportedly lost

over 1 million followers on instagram in just the last three months. that's not good news. again, stock down 2%. now this, steven miller's nonprofit america first legal has sent 249 letters to elected officials in sanctuary cities and states. william la jeunesse joins us this morning and what are these letters about, william? reporter: well, the letters are a warning shot to governors, mayors, police chief that "blatantly violate federal and immigration law. such lawlessness soucts you and your subordinate of risk of criminal and civil liability. accordingly we put you on notice and insist you comply with our nation's laws". the law u.s. statute 1373, says state and local governments cannot prohibit local sheriffs or police from communicating in any way with ice, which entirely conflicts with sanctuary laws

that prohibit police from communicating with ice at all. refusing to admit that criminal aliens are in their jail or when they'll be released. >> shame on any elected representative, any congressman, council person, mayor or governor that don't want to remove public safety threats from your community and are here illegally. that's your number one responsibility is protect your communities so if you're not going to do it, president trump and ice will! reporter: why is it important? ice filed 300,000 detainers over the last four years asking jails to hold migrants for deportation. even more detainers were filed under trump yet reports show hundreds of counties declined thousands of detainers, in many cases no matter how serious or violent the crime. that puts sheriffs, sworn to protect public safety, between a rock and hard place facing federal prosecution if they don't cooperate and from the state if they do.

so as for their two issues here, the law says if you're here illegally, you're deportable, crime or not. secondly, the 1986 immigration control act, passed by congress, requires criminal aliens to be deported "as expeditionly as possible after the date of their conviction". that's going to be really hard to do if the states interfere with this process, as the letter claims is happening. thank you. ashley: what a mess. william la jeunesse, great stuff. thank you. mexico launching an app that allows migrants to send alerts to relatives if they're detained in the united states. national border patrol council vice president chris cabrera joins us now. chris, this to me sounds like mexico is going to work against trump on his mass deportation plans. >> yeah, you know, it's not surprising. you know, i think the new president of mexico will try what she needs to do to gain favor with her people, but i

don't think something like this, something as small as this will deter president trump and the administration from doing what needs to be done, and enforcing the rule of law. ashley: i want to get to this issue, chris, president elect trump praising a federal judge's decision to block the biden administration from selling materials designated for the border wall. trump calls that a major and crucial win for america. what do you make of it? >> well, the decision should have been a no brainer and should have nerve pathology been attempted in the first -- never been attempted in the first place. look at the waste of taxpayer dollars right there, that affects all of us. every one of us that pays taxes. you know, something was bought by the government, purchased, and years later it's sold off for pennys on the dollar and we have to buy it again at a higher price. that's ridiculous. ashley: we'll have to leave it right there, but i get the feeling there's a sense of optimism as we look toward the new year that laws that are in

place will actually be enforced. what a concept. chris cabrera, thank you so much for taking time to chat with us. we do appreciate it. >> thank you. ashley: now this -- as always. donald trump agreeing with elon musk saying that he supports immigration visas for highly skilled workers. madison, why is he in favor of them? madison: in part because he uses it on his own properties and also because his good friend musk is definitely in support of it. president elect trump is supporting the h1b visas and in the past he's not been as supportive of it. there seems to be a bit of a shift. he's now siding with elon, who is an immigrant himself, but acting in opposition to some of the trump loyalists. so this is the visa given to highly skilled workers allowing companies to hire foreign workers in specialty occupations. trump saying "i've always been in favor of the visas and that's why we have them. many hiv visas on my process and i've been a believer in h-1b and

a believer in the program. it's not being cheered by everyone in the trump camp and mog maga hard liners wants trump to go through with the deportation of workers and trump made comments on saturday of musk vowed to "go to war" on the issues and telling on opponent to go f yourself and very fiery in the ranks and at the end of the day, president trump has spoken and see if he adjusts policy once he's taken office. ashley: that's a big debate for sure. thank you, madison, very much. talking about donald trump, he wants to drill, baby, drill, when he's back in the oval office but environmental groups plan to block him at every turn. we'll break down the challenges that trump's energy policy faces next.

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ashley: we take a look at

markets and trying to make a bit of a comeback and dow down well over 700 and now down 365 and dow and s&p down less than 1% and nasdaq too down just over 1% but gary kaltbaum joining me on the phone. gary, thank you for joining us. very thin trading and seeing a drop like that, what do you tell investor s? >> i'm a big believer of thin trading or not, everything counts and, you know, if you remember on thursday, ash, i talked about how stocks were making up 55% of the nasdaq 100 and eight stocks 36% of the s&p and there's been a lot of damage underneath the surface, and i think they're getting a bit of everything else going into a certain extent. i'm in no -- i'm not in a bear market, but we've not had a setter in a very long while, and i must tell you in order to go higher, sometimes you need to go

lower to wipe out this mile of the bull spaces and put more fear into the market and then turn back up. going to fight the stock and we have more to the downside ask i don't know how much, i'm not in the bear market which walk really nasty and i think there could be a bit more to go. ashley: we'll have to leave it there but, gary, i always like to get your input on days like today. thank you for jumping on the phone. awes, thank you, my friend. thank you. now this, on the campaign trail, president elect trump promised to drill, baby, drill beginning day one. ben springer joins -- dan springer joins us this morning. dan, are environmental groups planning to block trump at every turn of the way? >> well, let's just say, yes. ashley, goes without saying that the oil and gas industry is very eager to get a second trump administration going in a few

weeks and two states in particular that perhaps have the most to gain would be texas and alaska. the last frontier state as you probably know has seen the oil production drop every year since the late 80s when it was the top producing state in the country. most of the land is owned by the federal government and is dependent on lease sales in places like proven oil reserves like arctic national wildlife refuge and national petroleum reserve alaska. during president trump's first term, anwar had a lease sale but because of delays caused by challenges, it didn't happen till president biden was in office, and he sent a very clear signal to the oil industry that he didn't want it. republican senator dan sullivan said the biden administration issued 76 executive actions tactorring alaska oil industry. >> we in alaska are really looking forward to a new alaska energy renaissance under the

second term of the trump administration. reporter: alaska has fall ton sixth while texas is by far the biggest oil producer in the u.s.. the american petroleum institute put out a road map for the trump administration to follow. it includes repealing electric vehicle man mandates and emissin waivers for states like california and washington. also, scrap biden's man on premise to export american made liquefied natch that'll rale gas and natural resource defense council started fundraising on a second trump term right after the election. >> we need to stop locking future generations into that and going for the climate crisis. reporter: trump -- they sued the trump administration on average once every ten days and won 90% of the cases and the pace and the amount of change we see in

the energy sector will largely be put out in the courts. ashley. ashley: as always, dan springer in seattle. thank you very much. now president elect trump as we set before announced drill baby drill on day one. it was a massive growth on the trump first term and may not glow as much this time around. diana furcot-roth joining me now. is this a big issue for the office? >> it really isn't because trump said he's going to expand drilling on federal lands offshore and on shore, there's going to be a lot more possibilities there, and donald trump is not going to let america go down the yellow brick roads of europe's energy policies and alice in wonder land policies and causing manufacturing to decline all

over europe and even germany. the power house of europe had three years of declines in a row byd and japanese and chinese auto companies is going to be sell ago $12,000 car in germany next month and meanwhile german auto workers are losing jobs to china. ashley: quickly, diana, donald trump said he can cut energy prices in half, is that possible? >> it's definitely possible. you look at the ten most expensive states and california being the most expensive state in the lower 48. 36-cents per kilowatt hour. louisiana, utah are at 11-cents. this is because the top ten-cents have renewables and the bottom ten states do not. it's very possible to lower these energy cuts for renewables and focusing on natural gas and the less expensive states ask it's definitely possible to do

that. ashley: that is very encouraging. diana , thank you for taking the time to chat with us. sorry we're cut short. we'll be back with where are varney after this. the future is not just going to happen.

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ashley: take a look at this piece or headline from the intense which reads, when will trump take office? well, on mlk day unfortunately. i kid you not. jason rantz joins me now. jason, the author labels this as a depressing coincidence. i mean, has the left run out of real issues to complain about, seriously? >> i mean, they lost issues how many years ago with some of the petty stuff they've been complaining about and this is another progressive white woman whose only role in all of this is virtue signal her support for people of color. also she can post on instagram or on her x account about how she's an ally. looking at something like this, this is the only thing to accept is she's doing it for some sort of social media clout because it is a useless and exceptionally silly argument that she is trying to make. this has nothing to do with one another and it's a date.

i get it she's mad that kamala harris wasn't elected and she wants to get more virtue signals out there but it's embarrassing. ashley: yea, your latest article reads department of housing and development homelessness reports an absolute joke by ignoring drugs and mental health. why did the department ignore the major factors, jason? >> i think they ignored those factors because it goes against one of their key beliefs that you should not be criminalizing addiction. we're not talking about criminalizing addiction but not enabling it when it has to do with homelessness. going to blame housing affordability, systemic racism, migrants and displaced folks due to disaers, include the leading -- disasters and include the leading driver including drugs and mental health. seattle has a 63% drug addiction rate amongst the homeless. la had over half of the homeless

deaths linked to drugs. more addicts in san francisco than they have in high schoolers. so it's absolutely ludicrous they would keep this out. ashley: we'll have to leave it there, jason. you made your point. very clear. thank you very much as always. i want to get to this quickly -- thank you and happy new year to you, jason. members of nypd suffered a record breaking number of injuries this year. give us the details, madison. madison: yes, ashley, nypd suffered 4,600 injures at the hands of suspects and during the first nine months of 2024. it is the most the nypd has seen since they started keeping the stats in 2016 and it's 13% higher than the injuries that were -- that happened in 2023, and it's a shocking 60% higher than the attacks in 2021. it's alarming, especially someone that lives here. there really is a sense of danger on the streets here in new york, and you know it's bad when the guardian angels return

and tahin restarted nyc suckway patrols for the first syme tins 2020 and -- since 2020 and made the shocking arson murder on the subway and volunteer individual leeannety tees are trying to geo get staffing back to where it was 20 years ago. ashley: thank you, madison. it's the monday trivia question, that's next. don't go away.

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ashley: it is time for the monday trivia question. how many versions of the times square new year's eve bowl one, three, five or seven. >> i have no idea we are going to go with five. ashley: my first instinct was seven. reveal the answer better to be lucky than good. >> 1907 made of iron and wood included 100 lightbulbs, things have changed, the market is trying to come back ever so little, thank you for being here. that is it for "varney & company" today, fox business life starts now. take it away. >> we will try to keep the market going as it struggles to get back. i'm edward