stuart varney. take it away. stuart: i will. thanks, dagen. today we begin with a money story, a trend story, how we live and spend our money. there's been a big shift. good morning, everyone, department stores in deep trouble despite growing consumer confidence. they had a very weak holiday season. some shopping malls will lose their anchor stores. we're just not buying what we used to buy and we're not buying it where we used to buy it. the holiday winners were the on-line guys, amazon in particular. it shipped a billion items. you will see this reflected on the market. huge declines for department store stocks. the only exception would be, i think, sears is probably going to go up a bit this morning. the rest are way, way down in strong percentage terms. that's later. now to politics, donald trump is up and tweeting. this is a daily early morning event. the democrats, he says, led by head clown chuck schumer, now how bad obamacare is. [laughter] and what a mess they're in. he goes on, obamacare was a lie from the beginning. that's his respo

stuart: we'll take that. steve moore as always. >> thank you, stuart. stuart: see you soon.ck that market, down 67 points, a lot of red on the big board and going down this morning. then there's this. martin shkreli, the wildly disliked pharmaceutical entrepreneur suspended from twitter after he harassed a journalist. find out what he said exactly. i'll have that for you. and ivanka trump harassed by a man on a flight. jessie waters confronted that man, this next. >> do you regret verbally abusing ivanka trump on the plane? >> now, there's ford motor company stock right around $12 a share. they've announced plans to revive the ford bronco suv and the ford ranger light pickup truck. . ashley: they're going to make them in the michigan plant there. the year 2020, the all new ford bronco mid-sized suv returns. whenever i think of the ford bronco, i think of oj, i can't help it. and the ford ranger mid sized pickup truck reintroduced to the market by ford 2019. heaven forbid that oil go, gas goes up. ashley: if gas goes straight up it could hurt the sale of cars. stuart: and you

stuart, you're back. stuart: i am.ou are back, and we're going to talk about this, but a lot going on, and it's hard to pin it down to one mar reason. you've been talking that perhaps the tax reform, a rumor or a report out there that that could be scaled back and not even addressed until 2018. that would be bad for sentiments on the markets. stuart: well, look at this, talk about bad sentiment on the market, you are looking agent the biggest selloff since the election, certainly the biggest selloff of this calendar year. we're down 207 points. again, it is the worst performance for the dow so far this calendar year. now, what are the negatives? let's list 'em, if we may. first of all, there is a travel ban from the executive order from president trump over the weekend. it was confusing, there was a great deal of confusion at the airports. the implementation of that executive order was not good. it was a mess. it's a negative for the market because people think, well, maybe other executive orders will be messing up in

stuart: okay.ncials are leading the market higher, we're up 38 on the dow industrials. fiat chrysler, whoa, what a drop they took yesterday when the epa accused of company of emissions violations, down 10% yesterday. they're fighting back. ashley: they are fighting back and they say they're disappointed. they disagree with the epa and say they have a state of the art emissions systems in the vehicles, particularly the dodge ram truck and the jeep grand cherokee. they totally disagree and look forward to proving the epa wrong. stuart: not helping them. down another 2%. >> the timing of the epa, volkswagen paid nearly 4 million with criminal charges, it seems suspicious to me. stuart: the timing of it. >> before trump comes in, the epa puts this out here. we have to take a look at it, it doesn't seem right. stuart: you're not a conspiracy theorist. >> they paid $4 billion. and fiat chrysler is going to pay near 4.5 billion in fines for pollution, and to me, the timing just does not seem right. stuart

stuart: is. stuart: i've got it. quality is a little shaky there. thanks very much for being on the show this morning. we appreciate your opinion. turn to peter kiernan with the same question. do you approve of attracting 35% tariff? >> again i don't. the truth is the one area donald trump scares me most is on trade. however, the thing i like about it and the one thing he was onto is the notion of bilateral trade is a great place to wind up. globalization means you don't not join one club and have somebody of brussels tell you what to do. bilateral trade as a culture reason i say let's create a deal so we can create more value for each country. that's what international trade should be. that's the seat of it, that's where it started in returning to his old school. stuart: direct, straightforward, uncomplicated. >> forget these grand bargains. it makes you special in your nation if you're part of a grand art in this groundout and you lose your uniqueness. stuart: fascinating stuff. we should really sound the trumpets

stuart: none whatsoever. >> correct. stuart: peter? if you go back to 1834, which is about the time you and i were born -- stuart: yeah, yeah, yeah. [laughter] >> there have not been nine rejections by the senate of anybody proposed by an incoming president. not nine so far. stuart: listen in, i think we've got another protest. listen in, please. >> no! [inaudible] stuart: that was the third interruption that we've seen. earlier demonstrators were shouting no kkk, no fascist usa which is remarkable since mr. sessions prosecuted a klansman in alabama. he was prosecuted successfully and executed. we'll listen in some more. >> terrorism as a military action, not a law enforcement ti. they're not trying to steal our cars or rob your bank account. they're trying to destroy our way of life, and i hope you'll go after them without apology, apply the law, and the law is the law of war, not domestic criminal law. and you'll have a friend in senator graham if you intend to do that. cyber takes. do you think -- attacks. do you think the russians

stuart: why? think they give moral cover to people who severely dislike the president by questioning the legitimacy. i don't know if all 60 agree with ajohn lewis, donald trump is not the legitimate president, i don't know if all 59 degrees with that. but they're giving the impression that it's okay to disregard him as the president. that will send a message to people who may use that message as an impetus to do something. that's a danger. is it protected speech? of course. stuart: ever right to do this. >> we're not talking legally on constitutionally, we're talking morally. it's dangerous for them to do that en masse at the a public event. stuart: it's the standing of our society. if the inauguration itself is undermined and the legitimacy of the president is questioned, you are undermining the way our society works. that's where i'm coming from. >> so the first time nancy pelosi shows up at the white house might be next week. hey, nancy, one third of your troops still think i'm not the real pre

stuart: here's why, stuart. are expertise the economy, if donald trump gains power, not approval rating, never will be that high. if shows momentum and show this economy surging, the market going up and make we could start seeing two, three, maybe 4%, schumer will be afraid to get in those democrats way because he knows he will end up losing those seats and then end up more in the minority than ever before. those 10 will do what they think is the right thing to do, especially comes to the supreme court justices. it would be so embarrassing as a country, see a man or woman approved with 51 votes. just a terrible sign. i hope he understands it will destroy the senate if he does something like that. >> brian, look an honor to appear on your radio show. it is great having you on the tv show. we'll get together again soon. that is a promise. >> don't walk by me, stuart. just say hi. that is all i ask. stuart: you got it. we're talking about democrats doing everything they can to stall president trump's cabinet picks

stuart: ah. the guaranteed money, keeps coming at you -- >> you don't lose your benefits which is very interesting. they say, ultimately, could revolutionize the way they handle benefits. stuart: lizzie's pulling a face. >> my new 2017 face. [laughter] pie in the sky, fake things that they're doing. it doesn't work. stuart: we're off, we're running. we're 12 minutes into the 2017 trading session, and we are up very nicely, 150 points. thank you very much, indeed, todd and keith, for joining us on what could be an historic year. good stuff, everyone, thank you. >>> get back to the big board, because i want to -- you may just have tuned in, you may be listening on the radio. see how the market's doing in this first day, i'll tell you now. we're up 148 points. 19,910, the trump rally rolls on this tuesday morning. and now, markets are up because wall street expects tax cuts in the new year. one of president-elect trump's biggest promises, massive tax cuts for corporations, that's what's going to hap

stuart: not bad, judge. >> thank you, stuart. not bad, stuart.rdinary program. where else do you get action like this, constant flow of action. larry elder, peter kernen, judge napolitano, thank you very much. ash and liz thanks for enduring rehours with me. dow jones is moving slightly higher. no the a huge rally. it is upside move. we're up 62 points. we have charles payne in for neil today. charles, it is yours. >> take a little bit higher, neil charles: i'm charles payne in for neil. he will be in tomorrow. connell mcshane. reporter: he signed a executives orders and his supreme court nominee will be announced next week. on executive orders, we haven't seen details of it yet with the keystone xl pipeline and another with the dakota access pipeline

stuart: okay. >> you look at someone like alcoa, it's going to be higher today because the outlet going forward for aluminum for autos and planes and things is much better than expected. >> and alcoa guidance includes china: i don't think that china is going to see us go for a massive infrastructure and not match us. china wants to supplant america, and they'd like the yuan to replace the dollar, they like to be the country that stirs the economic drink. don't think we're going to do a trillion dollar infrastructure plan and they're not going to do something very similar. stuart: okay. joining us now, maria bartiromo, ladies and gentlemen. now, i want to go back. i mentioned this to you when i was just being introduced about a half hour ago, on november the 8th, election night, the dow closed at 18,332. by 10:00, 11:00 at night, when it looked like mr. trump was going to win, you went on the air and fox news channel and fox business network, saying this is a buying opportunity of a lifetime and thi

stuart: what mr.enator mccain, he might oppose. >> then you need to look at mccain, rubio and graham on the floor. >> tillerson i thought was an underwhelming performance, but i didn't see anything there that necessitated defeating him. if he did, it would be a thermal nuclear act at the relationship between congressional republicans and trump administration, i don't believe it's worth it. stuart: i don't believe that republicans would go so far to reject secretary of state. number one guy after president and vice-president. we've received the two minutes warning, takes you back to the nuclear days, does it not? the two minute warning is in two minutes' time sean spicer, president-elect trump's new press secretary will begin his first ever press conference at that podium, the one you're looking at right now. a couple of minutes away from that. let me set the stage for what else we've got going here. two probably very contentious hearings, one has already started, that is for rick perry, former governo

stuart: mr.nded in typical fashion on twitter of course, outgoing cia chief john brennan blasts president-elect trump on russian threat. does not really understand, oh, really, couldn't do much worse and buildup of russian nukes not good. was this the leaker of fake news? now, colonel, you've been very critical of mr. trump's relationship with russia. what do you make of the spat with the cia? >> well, i do wish that president-elect trump would stand up for the united states against putin instead of standing up for russia against our intelligence agencies. just this weekend, stuart, president trump made the ignorant and foolish remark that nato is obsolete. nato is the most successful peace time alliance in history. it is a bargain for the united states. and putin wants it broken up. trump's people raised the issue well maybe we could do something, some kind of trade on nukes with russia. the kremlin spokesperson already rejected it this morning. the russian papers are absolutely rejecting it, bu

stuart: forever? ashley: yeah. stuart: got it.he mag seep editors at the request of anna wintour. ash, for the life of me i can't understand, anna wintour, huge supporter of hillary clinton, would ask the president-elect to go visit and why the president-elect would go visit? ashley: i think the second part is the bigger mystery. look, she is a business person. has to basically swallow her pride and realize that donald trump will be the next president. and as a business, running of a magazine she has to be on his good side. why donald trump, with everything anna wintour and democratic camp said about him in the campaign why he would go over there to indulge her but he did. we'll see if we get any details. stuart: they were probably good friends. they are new york personalities for years and years. maybe they're friend. a friendly visit across town. ashley: uh-huh. we'll see. stuart: let's get back to politics. president obama continues his farewell tour, defending his legacy. one major part of that legacy, race relations, i believ

stuart: thank you. >> thanks, stuart. britain's prime minister theresa may says she and president trump could team up and lead the world. can't help, but remember ronald reagan and margaret thatcher when they teamed up. how about that? those were the days. my take on that the top of the next hour. here we go. at angie's list, we there are certain things you can count on, like what goes down doesn't always come back up. ♪ [ toilet flushes ] . . the right person for the job. discover all the ways we can help at angie's list. because your home is where our heart is. stuart: going to be the first summit in president trump's presidency. theresa may says the uk and the u.s. could lead the world. the brits shocked the world to leave the european union. america shocked the world by electing donald trump. there is strong anti-establishment, antielite movement that is catching on elsewhere. this trade, trump is upsetting the established trade order and britain wants a new partner. a deal suits both sides. that would be a powerful s

stuart: really?> grow the work force from 180,000 to 280,000 by mid 2018 and also in this announcing is pledging to train military veterans and spouses over the next 25 years. stuart: i wonder if there's any bending to donald trump and grow the economy and grow the jobs here. ashley: it's not going to do them any harm. stuart: are you going to say 100,000 jobs with benefits. ashley: yes, full-time, full benefits. none of this part-time stuff that so many people are forced to take today. stuart: that's a remarkable thing. rachel duffy is with us, is that another trump win? >> chalk another one for donald trump. this has got to put the democrats in a weird position. he's doing what they wanted to do for so many years and he's not in office yet. >> the owner is jeff bezos, owns "the washington post," and apoplectic and now, amazon is doing what mr. trump wants them to do. ashley: because you're running a business. no matter what you think about mr. trump, you're running a business. >> there's no, red, t

stuart, over to you. stuart: the president is off and running. it's action monday, president trump is sitting down with business executives and talking manufacturing jobs in america and he's on a roll. fox conn is considering a plant, 30,000 jobs here. realignment of trade agreements has begun. britain's prime minister arrives friday, a two-way trade deal possible. president trump meets canada prime minister and mexico president in early february. nafta tops that agenda. in 90 minutes executive order signings, one will officially withdraw the u.s. from the trans-pacific partnership and the president signed an order not to enforce the obamacare mandate. there's more, the president will map out his legislative program with speaker paul ryan today. he'll meet union leaders talking trade ap jobs today. his cia pick will be confirmed today. this was the trump tweet three hours ago, started it rolling. busy week planned with heavy focus on jobs and national security. yes, this president is off and running. ignore the noise about crowd size, media conte

stuart: okay.hose are the right answers, james. well done. [laughter] >> you stay, you stay right there. >> deal. stuart: there's another theme and we're dealing with it on the show today. what i'm going to call the twitter presidency. it really is in full effect. house republicans backed away from gutting the ethics watch dog office after the president-elect tweeted this quote, with all that congress has to work on, do they really have to make the weakening in the independence watch dog as unfair as it is, may be, their number one act in priority. focus on tax reform, health care and so many other things, of far greater importance. that was saying it pretty straight, drain the swam hashtag. that tweet worked, house republicans immediately backed off those ethic plans. however, democrat senate leader chuck schumer, he does not approve of the twitter presidency. watch this. >> america cannot afford a twitter presidency. we have real challenges and real needs to get things done and many americans are

>> stuart: all right.s for being here. >> thanks for having me. >> stuart: that's all for today. however, be sure to catch me tomorrow, "varney and company" at 9:00 a.m. eastern time promptly. this is what we do. politics and money. that's what we do on "varney and company" every single workday. five days a week. the five is next. >> hello, everyone. it is 5:00 in new york city and this is "the five" ." president trump delivering a big blow today to president obama's environmental legacy, signing executive orders to move forward with the keystone xl and dakota access pipelines. president obama killed the project in 2015 over climate change concerns. president trump also signed an order requiring u.s. financed pipelines to use steel produced here in america. president delivering on a major campaign promise. made in america still

stuart banner: mr. chief justice, and may it please the court: when a judgment is reversed, a person who has paid money pursuant to the judgment is entitled to get the money back. that's common sense, and that has, unsurprisingly, been normal practice for centuries. as far as we can tell, colorado is the first state ever to adopt a rule to the contrary. in colorado now, when a judgment of conviction is reversed, the state keeps the defendant's money unless the defendant files a separate civil action and can prove, by clear and convincing evidence, that she's actually innocent. justice ginsburg: what is the basis of -- of the right? you said the person whose conviction is overturned has a right to get the money back. is it a constitutional right? what kind of right is it? stuart banner: it's -- it's a right under the common law of property that's existed for centuries; that it has always been the case that a successful appellant gets her money back. in this case, the money was taken from shannon nelson a

stuart: eight of them each had at best. liz: combined. stuart: combined.iz: five years in business according to the financial times. >> in an era when americans want term limits, that's damning. career politicians, not a good word. stuart: that's a shock, liz. liz: stunned. ashley: why should we not want rex tillerson accountable to shareholders and knows how to make a deal. stuart: this is the first time that i can remember, when, as you say,a captain of industry is subject to what is probably going to be hostile political questioning. you get it from your board of directors, get it from shareholders, but don't get it from-- >> he's going to get it from at least one member of his own party, marco rubio who sits on that committee. stuart: what is senator rubio's beef. >> that this man, rex tillerson about to take the oath any minute now, might be too cozy with or have too rosie a view of vladimir putin. that's marco rubio, john mccain, lindsey graham's beef and they have every right to interrogate him to satisfy themselves their beef is legitimate >> by th

stuart: you would take the case? >> absolutely. stuart: if the sentences are handled down, should they have run concurrently or one after another. >> one after another. they are old enough to know better. stuart: katie fang. she may be close to the beach in florida but she is a tough lady. stuart: we are talking about the changing face of american retail. the "wall street journal" says sheer come the ghost malls. that's intrigue. we are on it. the left can't accept trump as president. celebrities planning to disrupt the administration with a love-a-thon367 and pot smokers say they will light up joints at the inauguration.

. —— stuart hogg and company.to—date with all other stories on the sport website. tomorrow the 11 justices of the supreme court will decide if ministers alone can trigger article 50 of the lisbon treaty, the mechanism by which the uk leaves the eu, or whether they need the authority of an act of parliament. our legal affairs correspondent clive coleman reports on what is being seen as a momentous case, that will dictate the manner and could affect the timing of the uk's departure from the eu. who has the legal power to switch on the process by which the uk leaves the eu? is it the government alone, or does it need an act of parliament? tomorrow, the 11 justices of the supreme court will give their ruling. the government was appealing a case brought by businesswoman gina miller. the result today is about all of us. she had won a judgment at the high court stoppbing ministers bypassing parliament and triggering article 50 using what are known as prerogative powers. they are derived from times when all—powerful kings

stuart, take it away. stuart: i shall. ladies and gentlemen, take your seat for the big fight. it starts now. an all-out attack on the president-elect, no holds barred. good morning shall everyone. first up, confirmation hearings for jeff sessions as attorney general. half an hour from now. the democrats will try to brand him a racist, despite prosecuting and executing a klansman in alabama. sessions will be tarred with the racist brush. new jersey democrat senator cory booker will testify against him. that breaks all senate precedent. booker, who is black, says he'll represent vulnerable communities. at 10 eastern, the black caucus

williams, bob, stuart, i wish we had another half hour. we have to g with us and thank you for being with us. news 4 today is next. tiki barber running a barber shop? yes!!! surprising. yes!!! what's not surprising? how much money david saved by switching to geico. fifteen minutes could save you fifteen percent or more. who's next? plus you'll get twenty-four month, no-interest financing. with havertys, your home can be perfect, even when life isn't. the new year savings event at havertys. life looks good. >>> five days to go. lots of careful planning on tap. now on news 4 today, the precautions and final rehearsals as d.c. getting ready for the inauguration of donald trump. >>> and the greatest show on earth coming to a close. why one of the most famous circus acts ever is ending after 146 years. >>> a weather roller coaster to tell you about, from chilly to warm and sunny to more rain. storm team 4 tracking big changes coming up in the week

she created the character electro— brown and had been living with her partner ian stuart, who is 55.year injuly he reported her missing. there was a campaign and friends of hers searched woodland nearby where she was known to walk with her the love that pets dash and called colin. following a tip—off, police went back to the home and followed a hatch that went down to a 100—year—old well, which

need someone overseeing issues, there are a number of names in the frame, you can never look past stuarter, doing a brilliantjob with leinster,

in delhi and stuart armstrong adding goals in the dembele and stuart armstrong adding goals in the secondomfortable victory. england's women team is starting its 2017 build up to the european championships with a friendly against norway in la manga. they are in the closing stages of the match and norway are currently leading by a goal to nil. england's cricketers have finally done something in india which they hadn't managed all winter. they've won a match. ben stokes was the star for england with bat and ball as they held on for a five run victory in the one day international at kolkata. india still win the series 2—1 as ben croucher reports. england's tour to india has been less toll and more toil. series already lost, jason roy belted some respectability early with his third straight 50. captain eoin morgan continued the positivity. but england's batsmen continued to get set and get out. balls that chimed hit me, hit straight to the fielders. as the innings looked to be heading south, ben stokes sent the indian bowling flying with a quickfire half—century as england made 321. virat koh

i was on the air with stuart varney when it happened.he new president acting on nearly all of his campaign promises, signing orders that one republican lawmaker calls a dizzying pace including on trade, immigration and obamacare. gary: next week will be a true test with an onslaught of economic data with the consumer confidence and jobs the jobs report. and thursday it president is expected to announce his nominee for the supreme court. maria: characterize what we saw this week. >> when you talk 20,000 on the dow, it's not a great measure of the economy swroafer all baits many only 30 stocks. but the s & p and the nasdaq closed at new highs. there is an enthusiasm that has come through. we saw -- we were talking earlier, the mexico news came out yesterday. it doesn't stop the market at all. there is so much optimism right now, and it seems tough to stop. with all that said, people have to be careful here, and one thing i would advise the retail clients is don't go all in right now. go in slowly. and that's something people have to be car

saysh stuart gulliver investment bankers and up in paris.e praised theresa may's handling of the uk's exit. populism scares me. daliaare the words of ray as he predicted the potential end of globalization. christine lagarde says the solution is greater wealth distribution. over davos.dow themarket has discounted positives and of the negatives of trump toss collection. -- trump's election. vonnie: looking forward to a lot of that coverage all day. in the u.s. we are about 30 minutes into the trading session. --sa: next trading action abigail: mixed trading action. the dow opened lower. the week is relatively young but the dow was on pace for its second weekly decline. a little bit of a bearish trend that as you can see both the s&p 500 and the nasdaq are trading slightly higher fluctuating between small gains and losses. we are seeing a continuation of the lack of conviction that is marked trading action for u.s. equities in recent days. when you take a look at some of the havens we have seen a haven been more recently. we have the 10 year yi

hey, stuart, got any plans thursday night?circulation, so i was thinking about walking around the mall. why? well... hey, you guys. oh, make sure to wear sensible shoes. wil, want to go to star wars thursday? absolutely. fine, take wil. see if he brings you clam chowder. okay, okay, okay, okay, okay. let's-let's... let's just recap our options. all right, we've got harp thing, sheep thing... wild thang. which do you think she'd prefer? because i checked the sheep and wool festival website, and there's only 8,000 tickets left. sheldon, being physical with amy is a huge step for you. yeah, are you ready for this? intimacy in any form has been challenging for me, but i'd like to show her how important she is, and it feels like now might be the right time. sheldon, that's so beautiful. then it's settled. amy's birthday present will be my genitals. then it's settled. afoot and light-hearted i take to the open road. healthy, free, the world before me, the long brown path before me leading wherever i choose. the east and the west are

sony announced that stuart will voice hoop in the emoji movie. >> they made the announcement via tweetch used the word distinguished and poop as proper noon. >> sir patrick. >> all right. coming up. the performance of her life. check it out. sfx: ding, flies, meow (after cat lands) music starts febreze air effects heavy duty has up to... ...two times the odor-eliminating power to remove odors you've done noseblind to [inhales] mmm. use febreze air effects, till it's fresh and try febreze small spaces... ...to continuously eliminate up to two times the odors for 30 days. febreze small spaces and air effects, two more ways [inhale + exhale mnemonic] to breathe happy. that cough doesn't sound so good. well i think you sound great. move over. easy booger man. take mucinex dm. it'll take care of your cough. fine! i'll text you in 4 hours when your cough returns. one pill lasts 12 hours, so... looks like i'm good all night! ah! david, please, listen. still not coughing. not fair you guys! waffles are my favorite! ah! some cough medicines only last 4 hours. last