charles: stuart varney. >> did he get a new tractor? did he get new sandals. good mood, he didn't mention once they was on the show. listen to what varney said. >> charles payne is here, first of all, thank you very much indeed. all that hard work, getting the ratings to go up. great job, charles. >> thank you very much, indeed. charles: stu and i have a special relationship, he's a lot of fun, we butted heads but have a lot of respect for each other. >> he did mention the numbers were good. we left that part out. charles: he's always been appreciative of that. stuart created -- his show is a juggernaut, i appreciate being on the show. you have been on stuart's show? >> he got me comfortable on tv. he's amazing. charles: i'm so glad we're not talking world cup anymore. owning a restaurant is not easy, takes a lot of gumption to make it work. we have a story of two guys and the dream, a bona fide bigtime success, they're making money and doing what a lot of people watching the show want to do. take a chance. . charles: today's salute to american success is a pa

i am charles payne for stuart varney. your headlines for today, the market rally, getting closer and closer to dow 17,000. check your 401(k), your making money. now the policy, headlines from the latest poll, president obama the worst commander-in-chief since world war ii and mitt romney was a better choice. what is the president going to do about this? playing the blame game yet again saying all republicans are doing -- and look at this. obama advisor valerie jarrett on her own desk. get ready, two hours of stuart varney starts right now. let's get right to. checkable board. let's check the big board. the s&p is in record territory. up fractionally but still in the green, that ten year yield back around and 2.6, right there a three basis points. jpmorgan chase ceo jamie dimon announced diagnosis of wrote cancer but the condition is quote a curable. those shares are fractionally off 1%. the rumor is they may take themselves private. there have been rumors for three years. netflix continues on a roll. another new high. let

stuart varney will be right back. ♪ stuart: fed chair janet yellen testifying. impact on the stock market. of 40 or 50 points before she started to speak. facebook is down. yelp is down. all of them taking a hit. charles: you know what she is really trying to do, hey, the overall market is not at a place where everyone should panic. she has made and lots of noise. how could you not raise rates? you cannot keep having it your way. it is amazing. stuart: have to get back to the crisis on the board. it is a crisis. a plane took off, off they go back to their country of honduras. they remain here. democrat congressman and republican senator, they plan to introduce a bill that would speed up the deportation process. welcome back. good to have you with us. what is your plan? >> we need to detain these folks. over 90% of these folks never show up in court. never show up anywhere. they are clear of release in the united states. we need to have a quick expedited process for their deportation. stuart: what do you think the impact will be on hispanic voters? i am thinking

stuart varney. >> number two thing to watch tomorrow will be alcoa obviously. >> and the number one thing to watch, the federal reserve's minutes from investor's meeting, looking for word on the central banks look to tapering bond-buying program and any clues when the fed is going to raise interest rates. a lot going on tomorrow. we'll be back. don't get sick of us yet. >> germany-brazil is more interesting. "the willis report" is next. gerri is looking at summertime hazards that a lot of us aren't aware of. >> thanks, guys. gerri: sharks, great white sharks. there are more of them, numbers are surging off the eastern seaboard and as far north as canada. what does it cost to buy the american dream? we'll break it down. >>> dead of a heart attack at 15. one family's tragic story and the new push for ekg's in high schools. >>> and the big data dive on consumer habits is on. is it right that your health insurance company is snooping around and shopping where you eat. "the willis report," where consumer

bring in stuart varney, host of "varney & company" on the fox business network. tuart, we have the second highest corporate tax rates in the world, right? >> highest corporate tax rate of does realized democracy, 35%. nobody should be higher than that. martha: this company is former abbott labs and other companies are moving to ireland? >> this is running away from very high corporate taxes at federal level and running away from very high corporate taxes in illinois. this company is based in north chicago, illinois. it has to pay 35% to the fed and i don't know how much, but very high tax to the people in illinois as well. so they jumped ship. away they go. they're going to ireland oar plan to go to ireland where the tax rate is much smaller. they would be, if this goes through, by my count the 4th american company to -- 48th american company to jump ship go overseas, primarily for tax reasons. martha: there is this notion that corporations are the big bad guy the way the parlance of the federal government over at least the last several years and we need to basica

stuart: you call me varney, i will call you eldritch. thank you so much for joining us. question is, will he play with carmelo anthony. stuart: who? >> carmelo anthony. stuart: i know. the second hour is two minutes from now. ♪ ♪ stuart: what is with our government? the irs interferes with the presidential election. obamacare ruins the entire system. today obama is out raising money again. welcome, everyone. welcome to our second hour. there is that election in november. headlines right now. hey, mr. president, you want to go to the border and see what is really going on. a republican from oklahoma goes to a detention center but he is not allowed questions. he cannot talk to the children or the staff. an unofficial that cannot visit a facility that is paid for by federal dollars. the governor is with us. why the vicious online attacks on the sleeping baseball fan? analysis from dr. keith ablow. i will give you my take on why america is tuning out our failing government. the stock hit this morning. this is a minor league bounce back. s&p 500, same story. today, a modest 4.

stuart varney is going to break down the numbers for you.artha: lightening strikes leaving a multimillion dollar mansion in ashes. >> i felt this was crazy, i thought it hit our house, that is how ridiculous it was. and when steve is perfectly prepped, ya know what he brings? and that's how you'll increase market share. any questions? can i get an "a", steve? yes! three a's! amazing sales! he brings his a-game! la quinta inns and suites is ready for you, so you'll be ready for business. the ready for you alert, only at laquinta.com! la quinta! martha: a bolt of lightning setting a mansion on fire in suburban cleveland. the owner was inside but didn't know his house was on fire. thankfully a police officer saw the flames, knocked on the front door to get their attention. they spent four hours to get it under control but they were not able to save the home. bill: new numbers on gdp in america. u.s. economy came back to life in the second quarter. growing at 4%. is my enthusiasm unbridled? >> it was a very, very good rebound. very solid rebound

i'm stuart varney in for nick cavuto. it's being paid for by health and human services. expected to house 600 illegal immigrant children. they plan to use a contract to buy it and run it.

i'm stuart varney in for nick cavuto. it's being paid for by health and human services. it's expected to house 600 illegal immigrant children. they plan to use a contract to buy it and run it. to william la jeunesse. >> it has increased yet officials said nothing until the board of control said no more. now comes $60 million hotel for illegal immigrant children. indoor/outdoor pools, wi-fi, cable, tennis, sauna, fit nens center. next month it becomes home to 600 illegal immigrant children. a spokeswoman said it will be more comfortable than a military base. >> we suspect that once this facility is open it's going to create immediate relief. our central intake facility will be licensed by the texas department of family family & protective services as a cried rhild residential cente >> the hotel will house 12 to 17-year-olds for about two weeks until they join family and foster parents. yesterday's ad is offering couples up to $6,000 tax care per month to take care of unaccompanied minors and it, too, is under a federal contact. >> william, thank you very much. from checki

stuart varney sat down with the man's lawyer and asked about the case. >> should we be trying to putacco companies out of business with a lawsuit? >> we should send them a message, they can make a safer cigarette, they may make a few less dollars, they should do it. you have to give people a right to make an informed decision. >> everybody knows -- >> not everybody. >> how could you not know? >> what about a ten-year-old? >> how many die of cirrhosis of the liver because they drink alcohol. >> you cannot withhold information about the product that's detrimental and people rely on it to their detriment. >> unbelievable. kimberly, a legal perspective. no one put a gun to his head, said smoke two packs a day. he was in his 30s, he was warned about it on labels his whole life. i'm sorry he died, put that out there, but don't they understand personal responsibility in the courtroom? >> answer, no, they don't understand personal responsibility. be very careful when you pick juries. a lot of them were very young. >> crazy, mentally ill. sorry. >> so perhaps there are issues with life experi

charles: i bet she is related to stuart varney. >> exactly. charles: now perfect time to pause. open that investment playbook again. investing in hype is always tricky especially when it comes to technology. consider internet of things. the term was only coined recently. kevin austin mit, 1991. only now beginning to live up to the hype. robots? that was coined in 1920. a guy wrote a play and used the word. today's google driverless car promises to go 750 miles on a single charge from fuel cell battery. you know when principles of fuel cells first demonstrated? 1801. 1801! first stock was ballard power. the robot came out of the space shuttle robot arm. the stock was $7 in 1996. by 2,000 it was 114 bucks. last time i recommended to my subscribers october 2002. it was 10 bucks. when to $15 in november and crashed into single digits. that is where it has been for a dozen years. the good news we took profits. main message i promote buy and hold, when it comes to lot of tech stuff, huge profits can come and go before true adoption of technology. be careful when you play these ideas.

is stuart varney back today? is all yours. stuart: i am back, present and available. thanks very much. good morning, everyone. there is a stock market sell-off in progress. we will tell you why is it is happening. $2 billion to care for the kids across the border. with a lot more to come for health and education later the president goes to texas for a fund-raiser. it is a financial/deca. legal, recreational marijuana its washington state today but it is in short. here comes price gouging on day i for seattle wheat but it is game over. the entire cupcake chain shutdown. if this happens to you can use to? it is picked up on camera, made fun of by commentators, he sued for $10 million. "varney and company" is about to begin. 11:00 a.m. eastern. we have a triple digit big board lost, so much for 17 k. i go way, we get to use the 17 k graphic, come back as we are down 108 points. small-business optimism is down. that is not helping the market. dungee goes 108. is indeed 500 also on the downside to the tune of 12 points. look at the nasdaq, 40 points lower, broad sell-off a

time for stuart varney and "varney & company." stuart: think very much, indeed. and interesting paul to kic kicf monday, do you have buyers remorse? 53% in a cnn poll with now both for mitt romney. 44% for barack obama. it makes no difference to your money at all but it did get your attention. a full-court press to stop companies fleeing abroad for lower taxes. pay your fair share, be patriotic. political posturing? yes, it is, with the election four months away. we will find out if we're on the road to recession. gdp and jobs numbers on the way. and "the new york times" want full, federal legalization for marijuana. "varney & company" is about to begin. ♪ stuart: i'm going to start with what i am calling a classic case of politics over policy. the fight over companies fleeing abroad to high taxes at home. jack lew writing in "the washington post," the system has become full of inefficiencies and special interest loopholes. that is why it is so important we reform our business tax code to make the u.s. economy more competitive and accelerate economic growth and j

you heard stuart varney, break it down, going to bribe these countries where the kids are coming from not to come. there has to be humanitarian, humane solution so republicans don't get called, out for attacking children. but sandra, alone, the government accounting office said $3.07 it takes to secure the border. this isn't going to secure the border. what he is asking for. >> we don't know if this is the end of money going to be asked for. this is the money they're asking for by the end of 2014. this situation is obviously we can assume at this point, it is going to go well into 2015. there will be more fund that will be asked for. congressman hal rogers, who is described the situation as extremely dire, he is saying that additional funding will be needed. you're not hearing, even republicans are saying, you know what? this will not cost money. everybody agrees this will cost money. the details are missing. the decisive action from president and white house throwing everybody off. that is why we have a hard time swallowing 7 billion -- $3 billion. >> what is having number seven days

civil -- stuart varney spoke with zillow ceo spencer rahs cough earlier today, and he asked him to define the business. >> zillow and trillia together have 4% of what real estate officials spend on advertising each year. we're a media company, we sell ads, not houses. so we're not a brokerage. we have a great web site in mobile apps. liz: you want to see what these stocks are doing? jumping 9%. it is -- 19%, it is, of course, being acquired by zillow which is up 3%, so both are having a pretty decent day today. now, of course, will today's frenzy lead the markets back into record territory? look at what's happening now. just about 45 minutes the dow was the only index that could barely see green. traders at the new york stock exchange, cme group. ben willis, suddenly we've got dow, nasdaq, s&p -- well, the nasdaq barely higher, but nonetheless, this market appears to be extremely resilient. do you want to stand in the way of the bulls and bet against it? >> i would never stand in the way of the bulls, although i like to be a bear. i've been bullish for several years now, quite frankly, an

stuart: you got your start on "varney & company." now you are a megastar. ck. >> i am not going to disagree with you. obviously they saw my weight and sarcasm and fell in love. stuart: is that what they said? we ran a clip where you were telling the guy that the time has come for price reduction. he did not want to hear this. >> i really do pride myself on being honest and being a straight shooter. stuart: expensive homes. you work in miami. >> miami and fort lauderdale. >> it seems to me that miami is now the capital. attracting russian and other fires. it does not matter. they dominate miami real estate. am i right? >> it is ridiculous. more and more people are moving their money to south florida. they are seeing how miami is just booming. booming. just about 30,000 units about to hit the market. >> 33,000. >> it is a little scary. we already had people ready to go. let's take that reservation. let's ride them. stuart: it is a foreigners bobble. >> a beautiful place to live. it is warm. a great public education system. my question is, when will this pool m

if we're looking for my e-mails i sent to stuart varney, see what you can find. stuart: the magistrate could do that. >> people said it may be hard to parse out what they went to. the other part of it is independent servers were ostensibly those e-mails repos at some point and they will get them from there. your initial inquiry, they will figure out where those e-mails are. stuart: mary kissel is with us. this is the way government should work. figuring out what is going on. >> we shouldn't have to resort to relying on the judicial branch, president obama said he would get to the bottom of this and the executive branch is stonewalling, not cooperating. the legislative branch, republicans controlled house and get their subpoenas enforced by the executive branch, that is why these cases have become so important. >> i really like that point. there are disputes that may end up in the supreme court of the united states. people legitimately complain, the obama justice department is not the correct then new to have this so they went to the court and are lucky they got a

not that they're not like the rest of us back in two thousand and eleven fox so-called news is stuart varney that the image rehab of poor people as starving and living in squalor really is not accurate many have been bad feelings but their logic is the richness of spirit february two thousand and twelve rush limbaugh echoed varney sentiments check this. and in many cases speaking bluntly the people who don't do well have only themselves to blame him those who have no control over them so are the ones we help limbaugh added by advertising his ignorance about his own white privilege by saying that the only levinson's country on anybody's advancement is their own limitation of birth place of themselves and during an interview on fox and friends new york post conservative columnist michael goodwin says the sense of shame is growing among poor america check this. the thing i write about in here is that it is the idea that shame used to be part of this now the words people didn't want to accept a handout because they were ashamed to do it there was a kind of social contract that said you don't do

stuart varney, it is all yours, sir. stuart: good morning, everyone. kids flood in, corporations go the other way. another big american name heads overseas, and this is a drugmaker taking with it the biggest grossing drug in the world. now what is amazon up to? the guy who created google glass. amazon stock is up. eric holder says there is an issue with the president. riots in argentina. their country is bankrupt. celebrating in germany, that team won and they have the strongest economy. "varney & company" is about to begin. well, will you look at fat, happy monday morning to all of you investors. dow jones dust fills take the 17,000 level, very nice gain of 104. taking on why the market is up, don't have one. it is up 134 points. charles payne however will no doubt have a reason. there are four stocks in the dow jones 30, hitting record all-time highs. 3m, innate health, disney, travelers, straight up. s&p 500, a nice rally there, .6% gain. as for oil, continue this decline. $100 per barrel as of now. and gold, watch out. biggest drop of the year so f

power on and click to fox news and fox business. >> i am with stuart varney. let's get that. ime you buy a plane ticket, it goes up about $3.10. going up $5.60. if you have a connecting flight were then four hours, you get hit with the $5.60 for the second leg. it will be used to reduce the deficit. >> you cannot blame the airlines. five dollars for a connecting flight. last year congress said we need to fix the federal deficit right now. >> even on your tax return, you voluntarily say yes, i will check this box and play on. pay a dollar to the deficit. this is the only existing fee that we can think about is pointed joints on. just towards congress. >> and industry that is nickeled and dime for everything. let's say that you want the cheaper fares see you go for the longer layovers. any layover more than four hours, you pay another fee on. stuart: the airlines get the blame. they should not be getting the blame. it is not their fault. elizabeth warren. she is on the left, politically. speaking in washington last week. she said take it easy on millennial's and make the rich pa

here's stuart varney. until the age of 75. >> there is a catch. that is the catch. three work days a week, 11 hours a day for your working life but you extend your working life to 70 or 75. that's the trade-off. looking to the future. >> if you live to be 75. that's a big assumption, if you're trying to acquire wealth or pay down debt, you assume you'll be able to do that. >> you sound like you think this is a good idea. i think it is a rotten idea. >> why? >> i think people want a full-time job with a full-time income and then the choice. do you want to retire at 65 or do you want to keep working? that's what people want, isn't it? >> with mr. slim's suggestion of working three days a week for 11 hours, i think that's a little short. but what if you did four days a week at ten hours? >> you're negotiating. >> it's 40 hours. there are a lot of people in this country who have schedules like that and it works for them given family. >> what have you got against work? why is work pejorative? >> i've gotten up

here to explain is the host of varney and company, stuart varney. companies leaving the country, what are they thinking? >> the president, i think, is setting up business, setting up the republicans so that in the election in november he can say look at those people, they're taking their money overseas. they're unpatriotic, they're not doing the right thing, not doing their fair share. it is a setup so the president can look very good come the november elections. there are numerous corporations who want to leave america, put their headquarters, a couple of jobs, overseas so they can take advantage of lower tax rates over there compared to the sky-high rates over here. the president wants to put a fence around america, stop anybody leaving. that's what he wants to do. instead of encouraging them to stay -- >> or going to congress and say lower the corporate taxes. >> he does not negotiate with congress. he doesn't deal with congress. he doesn't have friends on the other side of the aisle with whom he can get together and structure some kind of a deal

the feds are about to release just how big the deficit will be and stuart varney is going to break downs. he's coming up. bill: remember that brutal winner? apparently there are millions of americans hole feel a chill in the middle of summer that they have never felt before. when salesman alan ames books his room at laquinta.com, he gets a ready for you alert the second his room is ready. so he knows exactly when he can check in and power up before his big meeting. and when alan gets all powered up, ya know what happens? i think the numbers speak for themselves. i'm sold! he's a selling machine! put it there. and there, and there, and there. la quinta inns & suites is ready for you, so you'll be ready for business. the ready for you alert, only at laquinta.com! la quinta! you know.... there's a more enjoyable way to get your fiber. try phillips fiber good gummies. they're delicious and an excellent source of fiber to help support regularity. mmmm. these are good! the tasty side of fiber. from phillips that's why i always choose the fastest intern.r slow. the fastest printer. the fastest

"varney and company" is about to begin. ♪ stuart: right from the get go a new fox news poll, you areot happy. 60% say not satisfied with how things are going in our country today. 55% say they don't see any sign the economy is turning around. no improvement at all. 58% say they see no sign the job situation has turned the corner. mary kissel is with the wall street journal editorial board. that is a pessimistic outlook. is it cost justified? >> you have to look at two measures. wages, wage growth has been stagnant. even though we have been in a recovery for a couple years you don't feel the recovery of your wages aren't improving and on top of that inflation, food and energy, you really don't feel better because it is not more money in your pocket, doesn't feel like it. the second thing is the job growth we're seeing is part-time job growth. when folks say they're dissatisfied may be they're seeking full-time work but because of obamacare and other problems coming had in the economy, red tape and all the rest, they can't find full-time work. stuart: next week we have a first look at

stuart varney is here to tell us what is going on. >> the earth just moved into the media world. the shift from television to the internet is more clear. time warner is one of the kings of content. they have the stuff which they want to have people watch and we want to watch. they have hbo, cartoon network, cnn, turner broadcasting and warner brothers and that content is becoming more valuable in the era of internet broadcast. they bid $80 million and that would have been minus cnn because you cannot have them getting together with fox. it waw was rejected but time warner is in play and by that i mean possibly up for grabs. >> and their stock price is rising in the pre-trading action this morning. is this done? who else is interested? >> there has been talk google was interested because of the extra valuable content. whether other companies come in or fox 21st makes a higher bid remains to be seen. time warner is in play. this isn't over. >> very interesting. stuart, jack loo who used to be at citi group and is now treasury secretary came up with a policy that will slap the hands

stuart varney, fox business network. analyze the numbers. good or bad, stuart? >> important to look at the big picture. number of 302,000 for first time jobless claims, that is essentially layoff rate and it is coming down. this 300,000 number, represents an improving layoff picture. you know, bill, there is separate report with much better news than that. the biggest jump in wages in six years has just been reported. that is the biggest jump in six years. >> what explains that? people making more money for the hours they work? >> essentially what you've got here is gradually improving economy. now it is still the worst recovery from any recession since world war ii but there is improvement here. bill, we were talking about this yesterday. the reaction to these new numbers has been instant. interest rates straight up. stock prices straight down. the dow will open about 100 points lower this morning. that is the traditional reaction to an improving economy. that is what these two reports show today. bill: got two more quick points. 302,000, if you're right around

stuart varney says it feels like the market wants to build. a pretty good move taking it on the chin pretty good. ten year, 2.7% on the yield. now to the individual stocks, goldman sachs leading financials, the rally is one of the big reasons, industrials and banks leading, 17,000 and lulu lemon on top of a buyout and that making the good move up $0.97, little more earlier today and go pro finally losing a little bit of steam and got hit pretty good. it made a high of 49, $42.52 right now. pet smart making a big move today. nicole: look at pet smart. a winner on the s&p 500 which is also setting an intra-day record high. pet smart is a 12.5% because the activist hedge fund reporting a 9.9% stake in the company and asking pet smart to explore a sale and with that we see stock of 12.5%. i am sure the story is not done yet. we will continue to follow. the big picture is we crossed the 17,000 mark. not a technical level but traders on wall street are bullish for the second half, excited about a key psychological level. we cross the thousands. here

stuart varney is here. we are talked about the fines for a long time and now things will be arriving in the mail. >> we got the firm dollar number about the maximum fine you could pay. it is a very big number and you could say scary. 2400 for individual and 12,000 for a family of five. there is a deal of confusion about who pays it, when and how it will be paid. let's list the areas of confusion. number one, there is confusion over who is covered. a lot of people in limbo. number two, there is confusion over the future subsidies because of the court rulings. if you don't get the subsidy can you afford health care? if you can't afford it, you don't get it and pay the fine. the fine, if levied is supposed to be paid out of tax refund. suppose you don't get a tax refund? you still pay the fine? and there is growing anger because the irs is policing the fines and obamacare and they don't exactly have a great reputation at the moment. you add it up. you have chaos, on fusion, resentiment a resentiment. >> some p

stuart varney host of "varney & company" on fox business network. getting ready for his show. good morning to you. that is a partial breakdown of the money, correct? >> it's a partial breakdown, that it will take billions of dollars to deal with the situation, but most of the money on the screen is going to humanitarian causes. humanitarian, taking care of those who have come across the border. very little of this money is actually going to secure the border. a couple of examples, bill. a billion dollars will be used to house these children, take care of them. 100 million to transport these children. 300 million going to central american governments to persuade them to persuade their own people not to come up here. $45 million to new immigration judges. $5 million for a media campaign, saying hey, don't come. we're not going to have you. that is all humanitarian assistance. i found very little of this 3.7 billion that is actually being used to secure the border. i found $364 million for overtime and temporary postings. by a stretch you could say that that is towards border sec

stuart varney is here. what do you find? >> it is good news for one side of the employment situation and that is the layoff side. this is the lowest number we have seen on a weekly bases since february of 2006. employees are holding on to workers and not letting them go. that is good news and one side of the employment picture. the other side is the hiring. are we hiring people? and the answer is no, we are not. one of the answers for that is america's most profitable companies, technology companies, don't need to hire people. and i will give you the example of facebook. they are now worth $185 billion. that is the value of that company. >> that is unbelievable. >> they just doubled their profits. they reached 1.3 billion people every month and employ 6, 300. >> primarily in california and new york city? >> spread around, but that is global workforce. 6, 300 people. >> that is the new economy? >> yes, it is. they are profitable but you don't need workers to add profit. what america is doing with the high tech companies is fo

stuart varney is here. >> the immediate future is a period of confusion that boils on chaos. the washington, d.c. said the subsidies were illegal and that will kill obamacare because it will become unaffordable and people don't have to have the coverage. the virginia court ruled in the opposite way. so we need clarity with a supreme court ruling or congress has to rewrite that part of the obamacare law. none of the above is going to happen in the immediate future. you are in for a period of confusion and i am going to say chaos. >> it looked like if the states didn't provide it the federal government could and it was read the other way in the other court. now about this study that is interesting. this goa study reminds me of when the tsa is trying get weapons through to find out where the holes are. the goa put 12 fake people to put them through and receive obamacare benefits and 11 got through just fine even though they don't exist as people. >> it reminded me of the liar loans that used to be handed out during the crisis. they sent undercover investigators and cruised fake

stuart: dui barseback into it? john: i do. if i fake it now, if i say vvvvv varney, it becomes real. of the 21 not now. rt: very good. tell me what is on your show tonight. john: tonight, 9:00. john: about celtics chairman station with yourself, your body, your choice. john: america was an experiment. stuart: i am with you. john stossel, thank you very much. more varney in a moment. friday night, buddy. you are gonna need a wingman. and my cash back keeps the party going. but my airline miles take it worldwide. [ male announcer ] it shouldn't be this hard. with creditcards.com, it's easy to search hundreds of cards and apply online. creditcards.com. stuart: my time is up. the durable and committed yours. dierdre: argentina is the faulting for the second time in 15 years, a talk with bondholders collapse. i will tell you about the chances for third or fourth party help. there is a documented sea change in the company's private equity firms are buying, stock prices have been high. not today but it does in general mean fewer public company opportunities. we will tell you about the consequences. black rock,

stuart varney on jobs, why that number goes higher a moment ago and how conservative groups look at these>> according to a new study, more than 77 million americans have debts and unpaid bills that have been turned over to collection agencies. and where there are collection agencies, there are debt collectors making phone calls to your house, sometimes -- actually they're never friendly usually. >> i have to let you know i am call to go collect a debt. any information used. >> if you refuse to open the door tomorrow, i guarantee you i will wake up every neighbor in your entire [ bleep ] building. >> so those are some of the bad ones. how far can they go when it comes to tracking you down? here is peter johnson, jr. >> we're going to wake up every neighbor in your building! let's go to the question. >> here is the first question, peter johnson, jr. can a debt collector call my residence any time of the day or night? >> in their world, yes. in your world, no. it's against the law. only between 8:00 a.m. and 9 p.m send them a letter right away saying i don't want to pay this debt. i am dispu

here to weigh in, stuart varney.o imagine you're going to say no. >> no. since when has a $2 billion per year overpayment been considered good? the government does consider it good, that we're only overpaying by $2 billion on food stamps. they put out a statement and say fiscal year 2012 was excellent for reining in the overspending. look at that. another excellent performance in payment accuracy. the error rate, 3.42%. since when has that been good? can you imagine if it was a private enterprise company admit to go overspending to the tune of $2 billion each and every year? the ceo would be gone immediately. >> and excellent? to call it excellent is way over the top. doesn't this trap essentially people in these programs? >> in my opinion, yes. you have an extensive welfare system in the united states today, whether it's food, housing, clothing, education, health care, you name it, to some people that's a welfare trap. you're spending tens of billions, hundreds of billions of dollars a year. to some degree, that kee

stuart: a million dollar buying and you lose it, i can't believe that. thanks to your expertise, out of time. more varney but dierdre bolton has a lot of it. dierdre: i certainly do. legendary take investor roger a macamee will tell me what he thinks about amazon's global push and the cheapest tech stocks in the market. one of the most active investors in the countries here as well, he and sweater shares and we will get the results and the future of the social blogging co. and speaking of tech, reverend jesse jackson says the obama administration needs to scrutinize the industry's lack of diversity. twitter, facebook, and the news to give labor force stats. my exclusive conversation with him later this hour. first job for the first time as a public company twitter delivering for its investors. it reported a 124% increase in year on year revenue, 89% from ad revenue of, of that, 81% came from mobile labs. the stock is still soaring but still if you compared twitter to facebook you will see twitter still relatively small. take a look at the stats. facebook

varney & company". stewart, have a great show. stuart: good morning. questions for investors, after the shock, is this the time to buy? a lot of people are. here's the development we have, all signs point to a russian hand in the plane shootdown. a russian separatist reports to a russian colonel in russia. israel extended operation on the ground in gaza, 60000 reservist called up. surprise from all sides, president obama stuck to his schedule and attended two fundraisers. some investors are indeed bind, stocks up nicely. all of that plus that x indicted for carrying illegal drugs and google profits below. 'varney & company", happy friday, about to begin. ♪ ♪ stuart: i scripted this is not a rebound, maybe it is. it is definitely stability after 160-point loss yesterday the dow is up about 83.3 it was a different story yesterday as it ukraine and israel, news just unfolded throughout the day. today, the pause to reflect on what might come next. we are up 84. s&p 500 also to the upside after big lunch yesterday, a 12-point game. look at the price of gold

time for "varney and company". stuart: good morning. the earth has moved, the media world has shifted. takeover bid for time warner from 21st century fox, this is about movies, sports, all kinds of content getting more valuable on the internet. it is a migration from tv to on line. it is the rearrangement of me and technology and yes, we are on it. the treasury secretary says it is patriotic for american companies to pay the highest corporate taxes in the world. what do you think? apple and ibm hookup, the stock market moving up and tim tebow says goodbye. "varney and company" is about to begin. ♪ stuart: look at the big board, the dow is up. i won't call this a rally but it is again close to an intraday high, awfully close to 17,100. how about that. stock of the day, time warner, look at it. 21st century fox makes a bid for the company, time warner turned down by the door is open. we should mention 21st century fox owns this network. mary kissel is here to pass judgment on this titanic development. in my opinion a couple of issues here

time for "varney & company" writes now. stuart: we will bring you clarity on the chaos. hey bombshell ruling against obamacare. good morning, everyone. you think there is a crisis with russia, with the border? wall street and president obama don't see it that way. it has recovered all the ground it lost. close to an all-time record hi high. look at president obama bow to leave washington for a west coast swing, he will buy more fundraisers. netflix leads the streaming revolution and it has doubled the prophets. apple will build 80 million iphone 6 before christmas. they have bigger screens, which are popular in china. and happy first birthday to prince george. "varney & company" is about to begin. ♪ stuart: i promise we will bring you clarity on the major defeat for obamacare in just a few minutes, technical, legal thing but it is a bombshell for obamacare. full clarity moments from now. check the big board, up 67 points, 17,118. crisis in ukraine, crisis in gaza, flooded with illegals? the market close to the record level, the patent is holding. quick selloff on the new

time for "varney and company". stuart: scandal at home, crises abroad. our government takes a pr hit. good morning. incompetence? not trustworthy, that is the judgment of voters, and the fox news poll shows overwhelming disapproval of the handling of the economy. don't let them leave senate democrats try to stop the flying of american properties going overseas. they do not cut their taxes. a great performance but a big problem. america's most profitable companies do not need more workers. facebook only has 6300 and it is worth more than toyota. another plane crashes, lost contact over central africa, the wreckage just found in bali. "varney and company" about to begin. right from the get go check the share price of facebook and look at it go, is bringing in a turn of money, $2.9 billion in the last quarter. 62% of that came from mobile ad sales. that company is now worth the market value of $185 billion. as we said a moment ago they only employs 6300 people around the world. art laughter is with us on this one. this is the new economy. looks like it is c

"varney and company" is about to begin. stuart: first of the box democrats distancing themselves from president obama in west virginia, senate candidate natalie tenant, democrat running this ad that directly attacks the president for his boron coal. >> protect our poll jobs running alongside joe mantegna and i will send to leaders of both parties to threaten our way of life. i will make sure president obama gets the message. stuart: right now there is a hearing on capitol hill, the new epa rules that affect coal-fired power plants which will indeed affect the price of electricity. rich edson in d.c. following it for us. what kind of price increases ridges are they talkijuice are ? >> like anything-opponents like the chamber of commerce a similar rules will cost the u.s. economy $50 billion annually between now and 2013. republicans highlighting risks to our energy infrastructure by discouraging cold, the fuel that makes up 40% of our power supply, 90% of states, the cost of global warming and benefits to public health on much grea

varney & company". stewart, how about a was sabe ginger potato chip. stuart: that was my take, that's what i wanted. maria: is on the way. stuart: bring it down at, among the ground floor. see you soon. good morning, everyone. wait for it, 252 met a thousand dollars day per child. now the cost of the border crisis and that number came straight from the ministration itself. we are on the hook for billions for years to come. and the president, he's in new york today, two fundraisers. he's going to cripple the city at rush hour. for $200 directv will stream every single nfl game to your phone or tablet. you don't even need a substitution, just $200. big laughs at microsoft. barbie sales tumble and so does mattel. a huge hit, australia revealed its carbon past. "varney & company" is about to begin. ♪ ♪ >> the average is two and a $52 a day. that is unbelievable and all of us simultaneously drafted that it's costing american taxpayer at a minimum 250 of $2000 a day to deal with this problem. it's on acceptable. stuart: you heard it right there, that was republican senator lindsey graham at the meeting wi

varney and company". thanks for being with us on opening bell. stuart: good morning, everyone. there is a market sell-off but let's put it in perspective. the dow is a couple hundred points from its record all time high and it is coming up a bit but the border crisis has to deal with it and so does the fund president's fund-raising bonanza. no troops to the border. new developments in the irs scandal. there's only one word. cap backs. "varney and company" about to begin. hy was going to say it was the sea of red ink, it is more a pond. there are some greens in there. not entirely bad news but we had negative news on china trade and japanese investment. of portuguese bank is shaky and money printing will come to an end in october. although negatives contributing to a loss on the dow but it is not that big, 80 points down, that is 1/2%. there are some significant losers among those 30 dow stocks. home depot 90, goldman, they are all down approximately 1%. that is not a huge sell-off but moved to lumber liquidators, that is a huge loser. that cut its outlook down 22% and along com

varney & company." charles, it is all yours, sir. charles: hi, i am charles payne in for stuart. here are the big stories for this monday morning. the holiday weekend cooling-off, the market is pulling back tod today. even making the case for dow 15,000. and million for green energy, but as it turns out he has made some big bets and could he can make more mon money. the next big bailout, pension plans. coming up, $50 billion more in just the next two years in a story ready for the judge. turns out the nsa looking at every american's e-mail stored even after the court was concluded, they were useless for national security. two hours of "varney & company" start right now. ♪ charles: all right, little bit of a rock rocky start right her. the dow off 72 points, back below 17,000. the s&p 500 also at a record coming into the session down eight points, almost half a percent. gold got hit friday with the jobs numbers still pulling back another ful $4. the 10-year was the thing to watch, the yield unchanged, go pro has been on fire since going public. today the options stock trading up a