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Dec 31, 2014
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john: i used to be a curmudgeon like stuart varney butjohn: i used to be a curmudgeon like stuart varneyt is not alive. i started getting them and i haven't got the flu. i don't know if and means anything. >> that is one thing. it is a public-health measure. i am on the other hand wanting us to upgrade the flu vaccines we make. these are antiquated vaccines. it is not the best vaccine we have. we have a better hepatitis vaccine, but it makes in against tetanus. but this is an imperfect vaccine but it does work. >> you just gave the entire vaccine crowd -- there's a group out there causing problems which is another show schools without vaccinations. >> let me have five seconds on that. the truth is that is all fear and height. there is no evidence whatsoever this has been extensively studied, that any of our vaccine lead to autism. those fears caused the resurgence of diseases. >> take my medical advice from dr. siegel or jenny mccarthy? dr. siegel, jenny mccarthy. i will take it from you. >> i don't look like jenny mccarthy but i have the right information. john: i don't even want dinner
john: i used to be a curmudgeon like stuart varney butjohn: i used to be a curmudgeon like stuart varneyt is not alive. i started getting them and i haven't got the flu. i don't know if and means anything. >> that is one thing. it is a public-health measure. i am on the other hand wanting us to upgrade the flu vaccines we make. these are antiquated vaccines. it is not the best vaccine we have. we have a better hepatitis vaccine, but it makes in against tetanus. but this is an imperfect...
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Dec 11, 2014
12/14
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stuart varney, hello, sir.440 billion figure, this is the amount of deficit over that same time. >> october, november, a mere two months the government pulls in the record amount of tax revenue. $404 billion. problem is they spent $582 billion in those same two months did that is how you get overspending to the tune of 178, and her $79 billion. you have to borrow all that money, already at $18 trillion climbing. this is reality of big tax and even bigger spending. bill: is more built into the system? is the economy doing a little better, what is it? >> estimated taxes come rolling in, and the level of tax coming in from individual taxation, federal income taxes at an all-time high. $196 billion came in from individual income taxes. only 12 billion came in from corporate taxes to individuals paid 196 billion, corporation cn paid only 12 billion in two months. you can bet your life president obama will go after the corporations, you pay more tax because you want tax revenue to go up up to he will concentre on cor
stuart varney, hello, sir.440 billion figure, this is the amount of deficit over that same time. >> october, november, a mere two months the government pulls in the record amount of tax revenue. $404 billion. problem is they spent $582 billion in those same two months did that is how you get overspending to the tune of 178, and her $79 billion. you have to borrow all that money, already at $18 trillion climbing. this is reality of big tax and even bigger spending. bill: is more built into...
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Dec 30, 2014
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"varney & company" starts right now. ♪ i am david asman and for stuart. that fema quoit is with us.hat does all of this mean for individual filers and businesses. >> trouble. they will have to prove that they are applied to the group. >> how much time and effort will that take? >> this will take a lot of time. 90% of people will ultimately qualify. for many, it will be back and forth with a lot of paperwork. the fines are not small. 2% of your adjusted gross income. more penalties for each of your uninsured children. adam: what happened if i decide not to pay? aren't those penalties dependent on whether or not i get a refund? >> that is right. you would be building up a debt with the irs. >> what if i never get a refund. >> you are outsmarting them. the employers are also facing big problems. they will have to provide this obamacare compliant insurance. or pay a fine that is $2000 per uninsured employee. retailers that have large workforces are going to really feel this. it will add about $1 per hour. >> the businesses, if they decide not to pay for their employees, they will be mor
"varney & company" starts right now. ♪ i am david asman and for stuart. that fema quoit is with us.hat does all of this mean for individual filers and businesses. >> trouble. they will have to prove that they are applied to the group. >> how much time and effort will that take? >> this will take a lot of time. 90% of people will ultimately qualify. for many, it will be back and forth with a lot of paperwork. the fines are not small. 2% of your adjusted gross...
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Dec 29, 2014
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tom: don't anybody tell stuart varney on this day we were singing the praise. >> david, i agree with your point, but the turning point for the economy started in 2011 when you took nancy pelosi, who was such a negative on the economy and you put a break treating the economy. no john boehner gets beat up a lot by conservatives but a budget deal he negotiated the spending caps and the sequester to change the direction. by the way whether republicans now in charge of congress will stick to those budget gaps. sometimes i wonder. tom: this mcconnell things everybody was singing the praises of mitch mcconnell over the weekend. that had me worried because a great deal maker be it i don't want him to make any deals. tom: the stock market is open, up all but seven points right now. not much going on. oil prices right on the penny $55 per barrel this morning up a little bit as well. national average $2.28, price of regular gas down $1 per gallon. since this time last year. in oklahoma join missouri in the $1 club, state average for regular gasoline $1.93 in missouri $1.98 in oklahoma so hopefu
tom: don't anybody tell stuart varney on this day we were singing the praise. >> david, i agree with your point, but the turning point for the economy started in 2011 when you took nancy pelosi, who was such a negative on the economy and you put a break treating the economy. no john boehner gets beat up a lot by conservatives but a budget deal he negotiated the spending caps and the sequester to change the direction. by the way whether republicans now in charge of congress will stick to...
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don't drive with stuart varney. stuart: what are you laughing about? >> you know it.ld people can't drive. we will get e-mails on that one. >> my parents are watching and they don't like you anymore. stuart: you are did to us. an update on the breaking news we brought you at the top of the hour. president obama at the business roundtable says, quote, there is definitely a deal to be done on corporate tax reform but after that he blames congress for not getting a deal done already. my administration has been willing, he says, but has been stalled in congress. he said this 20 minutes ago. cautiously optimistic that he is willing to compromise. that is from the president. burger king launching a menu option, warm and and cheese sandwich. is that a smart move? ♪ twhat do i do?. you need to catch the 4:10 huh? the equipment tracking system will get you to the loading dock. ♪ there should be a truck leaving now. i got it. now jump off the bridge. what? in 3...2...1... are you kidding me? go. right on time. right now, over 20,000 trains are running reliably. we call that pre
don't drive with stuart varney. stuart: what are you laughing about? >> you know it.ld people can't drive. we will get e-mails on that one. >> my parents are watching and they don't like you anymore. stuart: you are did to us. an update on the breaking news we brought you at the top of the hour. president obama at the business roundtable says, quote, there is definitely a deal to be done on corporate tax reform but after that he blames congress for not getting a deal done already....
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Dec 18, 2014
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charles is in for stuart varney. we have a lot to talk about. the sony saga, this market rally is amazing. i am charles payne and for stuart. here is your big stories. why are gas prices falling? it is because of fracking. never mind it has created a ton of jobs. never mind it has helped communities thrive. new york governor andrew cuomo mans it. it does not understand basic economics. anti-americans having a great christmas. one week before christmas. varney and company is about to begin. ♪ let's check on the big board right now. following the biggest session of the year. gainers on the down right now. ibm saying some pretty interesting things. allele sitting around 56. gas down almost $0.03 overnight. lagur $2.47. hopefully it goes lower. "the interview" release suspended indefinitely. hackers threatened a 9/11 alike attack. investigators are saying that north korea is behind this attack. the attack was not launched inside the borders of korea. the same source codes that are used against sony was also used in a bunch against south korea. the fi
charles is in for stuart varney. we have a lot to talk about. the sony saga, this market rally is amazing. i am charles payne and for stuart. here is your big stories. why are gas prices falling? it is because of fracking. never mind it has created a ton of jobs. never mind it has helped communities thrive. new york governor andrew cuomo mans it. it does not understand basic economics. anti-americans having a great christmas. one week before christmas. varney and company is about to begin. ♪...
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stuart: a shiny new graphic. it is not the jobs report. it is not asked. it is uber. it is a ridesharing app. what is going on here? $41 billion. varney and company is about to begin. ♪ stuart: let's start with a market check, shall we? we are at 17,956. a little help from the jobs report today. okay. that is stocks. now look at loyola. $65 a barrel. have you ever seen a decline like that? gas down. the national average coming in at 271. we do this every day. the cheapest gas in america. where to find it? oklahoma city. it is a gas war right there in oklahoma city. check this out, please. the photo from tennessee. to dollars 37 if you pay with a credit card. now let's get to uber. it is an app. it helps you order a car. it is valued at $41 billion. check it out. it is more valuable than delta airlines. it is more valuable than all of the above that you see on your screen. don't you find it rather difficult to wrap your arms around an app that is five years old and worth $41 billion? >> it is a crazy market. it is outflanking it. instead of attacking it frankly, it just goes around it. all of these taxi cartels, it just goes in there.
stuart: a shiny new graphic. it is not the jobs report. it is not asked. it is uber. it is a ridesharing app. what is going on here? $41 billion. varney and company is about to begin. ♪ stuart: let's start with a market check, shall we? we are at 17,956. a little help from the jobs report today. okay. that is stocks. now look at loyola. $65 a barrel. have you ever seen a decline like that? gas down. the national average coming in at 271. we do this every day. the cheapest gas in america....
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Dec 12, 2014
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stuart varney from the fox business network. t, we're running out of deficit but no one seems to care. >> it doesn't make news headlines, does it, even when you bring in a record $404 billion in two months and you overspend by $179 billion -- >> in two months. >> still not a headline in the establishment media. here we are heading further and further into this debt crisis, deeper and deeper every month. $404 billion coming in two months, we never paid so much money in tax. ever. that is a flatout record. where did that money come from? half of it came from individual income taxes. it's you and i, the income taxpayers of this planet who paid $192 billion towards that record tax inflow. but what happened? we spent it all and then some. so we kept racking up this massive debt which is dproag and growing and growing and growing. by the time president obama leaves office in january 2017, we will owe collectively $20 trillion. >> for that statistic, $402 billion in two months, and what is it? 47% of people in the united states don't pa
stuart varney from the fox business network. t, we're running out of deficit but no one seems to care. >> it doesn't make news headlines, does it, even when you bring in a record $404 billion in two months and you overspend by $179 billion -- >> in two months. >> still not a headline in the establishment media. here we are heading further and further into this debt crisis, deeper and deeper every month. $404 billion coming in two months, we never paid so much money in tax....
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Dec 24, 2014
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i am rich edson in for stuart varney. it is one of the most heavily traveled days of the year and a nasty winter storm covering a third of the nation. canceling flights trading traffic jams, major headaches for people trying to get home. fedex and ups cutting off last night deliveries. dow 18,000, a week left, will the momentum continue into 2015? stay right here. "varney & company" starts right now. the skid right to the weather. golf coast thunderstorms using tomatoes of the east coast, flight delays, hazardous conditions could slow to a crawl. what does it look like? >> things are pretty smooth, not a lot of delays or cancellatio cancellations. it is raining but not too hard. the official numbers are 47 delays, nine cancellations. nationally the picture from flight aware 949 delays, 234 cancellations and that is not great if you are traveling but not the thousands of cancellations and delays we have seen in previous storms. philadelphia experiencing one hour delays because of the weather. jfk is up there for an hour. f
i am rich edson in for stuart varney. it is one of the most heavily traveled days of the year and a nasty winter storm covering a third of the nation. canceling flights trading traffic jams, major headaches for people trying to get home. fedex and ups cutting off last night deliveries. dow 18,000, a week left, will the momentum continue into 2015? stay right here. "varney & company" starts right now. the skid right to the weather. golf coast thunderstorms using tomatoes of the...
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Dec 18, 2014
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we filling in tomorrow for stuart varney. now dewdrops. lou: breaking news. the president so desperately wants to close the guantanamo bay detention center is acting unilaterally to open all of cuba. , and the phone with castro 45 minutes if we're told it is the first communication in more than half a century and now with the senate al for the holidays the president chose to announce he is lot weakening the embargo is still talking with the state-sponsored terrorism along with everyone and syrian city of. >> i have instructed secretary kerry to immediately begin discussions with cuba to reestablish diplomatic discussions that a better place since 1961 the united states will establish a embassy in havana and high-ranking officials will visit cuba were recanted france shared interest. and for humanitarian reasons he was released not because of the taliban deal of. made the claim despite to release those espionage as spies on this the same day the cuban government did acknowledge the release of the cuban-born americans as well. surrounded by politicians is that
we filling in tomorrow for stuart varney. now dewdrops. lou: breaking news. the president so desperately wants to close the guantanamo bay detention center is acting unilaterally to open all of cuba. , and the phone with castro 45 minutes if we're told it is the first communication in more than half a century and now with the senate al for the holidays the president chose to announce he is lot weakening the embargo is still talking with the state-sponsored terrorism along with everyone and...
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Dec 12, 2014
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stuart varney will sort through that in a moment. martha: talking about bad experiences at the airport, hopefully you didn't have as bad as these people. why they were forced to wait for hours and hours just tapping their toes looking at their phones on the tarmac. bill: thank goodness for the phone. so interesting new fox polling showing divide other grand jury decisions in the michael brown case in ferguson and eric garner chokehold case in new york city. why the majority agree with one but disagree with the other. we'll debate it. bill: have you seen this on rice in america? a new poll shows voters are split how grand juries handle two deaths of unarmed black men by white police officers. refusing to charge officers in the shootings death of michael brown in ferguson or the chokehold death of eric garner here in new york. a fox poll shows this. a majority of americans agree, 55% with the grand jury's decision in the michael brown matter. in the new york chokehold case, 57% however, say the grand jury got it wrong. juan williams, f
stuart varney will sort through that in a moment. martha: talking about bad experiences at the airport, hopefully you didn't have as bad as these people. why they were forced to wait for hours and hours just tapping their toes looking at their phones on the tarmac. bill: thank goodness for the phone. so interesting new fox polling showing divide other grand jury decisions in the michael brown case in ferguson and eric garner chokehold case in new york city. why the majority agree with one but...
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Dec 5, 2014
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stuart varney will tell us what he sees in the tea leaves. eric: did you hear what hillary clinton says? she says america's enemies, who want to kill us an attack our troops and wish to do us harm, she says american enemies deserve our respect. well that comment come back to haunter if she runs for the white house in 2016? >> those words coming out of someone who intends to become commander-in-chief are not just naive and utopian, it's irrational. eric: we have breaking news on the economy. november jobs report was out a few moments ago. the labor department says that 321,000 jobs were added last month. well the unemployment rate, that is staying put. 5.8%. that is six-year low. some say that is because many americans have simply just given up. the real unemployment rate and including the underemployed and those stopped looking for a job, stands at 11.4%. that is more than a point lower than this time a year ago but it means still millions of americans can't find a job. stuart varney, fox business network, knows all about this. they sit and d
stuart varney will tell us what he sees in the tea leaves. eric: did you hear what hillary clinton says? she says america's enemies, who want to kill us an attack our troops and wish to do us harm, she says american enemies deserve our respect. well that comment come back to haunter if she runs for the white house in 2016? >> those words coming out of someone who intends to become commander-in-chief are not just naive and utopian, it's irrational. eric: we have breaking news on the...
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Dec 15, 2014
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stuart varney is at the wheel now. stuart: good morning. yes, it is over. the hostage situation in sydney and with a roche of gunfire. question now, can loan wolf terror like this be here? we are all vulnerable. a lot more on that as we go ahead. the sony e-mail debacle. that keeps on going. no e-mail is safe. it is a very day day on all fronts. varney and company is about to begin. ♪ police storming the cafÉ seized by a radical islamists for nearly 16 hours. listen to this. stuart: the condition of the hostages and the armed man still not clear at this hour. there are some reports that some hostages were injured. it appears, however, that the whole thing is over. he claimed to have planted bombs in the cafÉ. made hostages hold a flag made icier in ruffles in the window. officials are calling this an act of islamic terrorism. the significance of this story is all about loan wolf terrorist doing something like what happened in sydney here. >> it is inevitable it is coming here. we are worried about people's privacy. and lots of these things that this guy did
stuart varney is at the wheel now. stuart: good morning. yes, it is over. the hostage situation in sydney and with a roche of gunfire. question now, can loan wolf terror like this be here? we are all vulnerable. a lot more on that as we go ahead. the sony e-mail debacle. that keeps on going. no e-mail is safe. it is a very day day on all fronts. varney and company is about to begin. ♪ police storming the cafÉ seized by a radical islamists for nearly 16 hours. listen to this. stuart: the...
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Dec 18, 2014
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we filling in tomorrow for stuart varney. now dewdrops. lou: breaking news.nt so desperately wants to close the guantanamo bay detention center is acting unilaterally to open all of cuba. , and the phone with castro 45 minutes if we're told it is the first communication in more than half a century and now with the senate al for the holidays the president chose to announce he is lot weakening the embargo is still talking with the state-sponsored terrorism
we filling in tomorrow for stuart varney. now dewdrops. lou: breaking news.nt so desperately wants to close the guantanamo bay detention center is acting unilaterally to open all of cuba. , and the phone with castro 45 minutes if we're told it is the first communication in more than half a century and now with the senate al for the holidays the president chose to announce he is lot weakening the embargo is still talking with the state-sponsored terrorism
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earlier this year fidelity gave them 1.4 billion, stuart varney flipped his lid, he said there's no waythe world this taxi thing is worth $18 billion. real soon t. rowe price and others are thinking about invest thing another billion at $40 billion. i mean, just think about that kind of move. jeff bezos isn't doing too bad, is he? this is an absolute wonderful thing. again, it's been an absolute juggernaut. you can see where they're growing like crazy. but the other side of this is i want you to take a look at another chart. these are the taxi medallion companies, these are the major cities through 2013. this is how much medallions have gone up. you thought uber had amazing growth, take a look at philadelphia, the yellow line. in 2005 you could have got a medallion at $65,000, recently going into this year, $545,000. think about that. so tonight what i want to do is look at the different angles here. uber's growth and also teach a lesson in long-term investing. on that note, got to finally take a look at wal-mart's stock. they went public in 1970, had split adjusted four cents a share.
earlier this year fidelity gave them 1.4 billion, stuart varney flipped his lid, he said there's no waythe world this taxi thing is worth $18 billion. real soon t. rowe price and others are thinking about invest thing another billion at $40 billion. i mean, just think about that kind of move. jeff bezos isn't doing too bad, is he? this is an absolute wonderful thing. again, it's been an absolute juggernaut. you can see where they're growing like crazy. but the other side of this is i want you...
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Dec 17, 2014
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what does stuart varney grow on his farm in the catskills?t your responses to win this lovely yellow tie. we will reveal the winner in our next hour. malthus. senator marco rubio fired up over the obama administration's decision to open up talks with cuba. the florida senator joins us next. stuart: senator marco rubio, republican from florida. at speetwo have you to comment on the possible deal between the united states and cuba. how do you view this deal? >> i think it is a 1-sided deal in the regime. let me start by saying we are happy mr. gross was reunited with his family. he should never have been there to begin with. he is not a spy. he is a hostage and he almost died in cuban captivity. all the a policy changes are horrifying. they will reestablish normal diplomatic relations with cuba and i imagine appoint an ambassador and allow more grievances to cuba, and the telecommunication and cooperation from cuba and they freed 53 prisoners who could go to jail tomorrow morning again if the the cause of freedom and democracy. my interest in c
what does stuart varney grow on his farm in the catskills?t your responses to win this lovely yellow tie. we will reveal the winner in our next hour. malthus. senator marco rubio fired up over the obama administration's decision to open up talks with cuba. the florida senator joins us next. stuart: senator marco rubio, republican from florida. at speetwo have you to comment on the possible deal between the united states and cuba. how do you view this deal? >> i think it is a 1-sided deal...
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only stuart varney. catch all of today's interviews on foxbusiness.com. jobs market is improving. we just heard from ad p&g dp grew more than 3% in the third quarter. so why, why hasn't the fed raised rates? a lot of savers are getting hurt by these zero interest rates. we'll be asking famed economist marty fed stein -- feldstein, harvard economics professor. we're bringing back hilary kramer to tell us the number one thing to watch that could shock the market. no question about that. but your erectile dysfunction - that could be a question of blood flow. cialis tadalafil for daily use helps you be ready anytime the moment's right. you can be more confident in your ability to be ready. and the same cialis is the only daily ed tablet approved to treat ed and symptoms of bph, like needing to go frequently or urgently. tell your doctor about all your medical conditions and medicines, and ask if your heart is healthy enough for sex. do not take cialis if you take nitrates for chest pain, as it may cause an unsafe drop in blood pressure. do not drink alcohol i
only stuart varney. catch all of today's interviews on foxbusiness.com. jobs market is improving. we just heard from ad p&g dp grew more than 3% in the third quarter. so why, why hasn't the fed raised rates? a lot of savers are getting hurt by these zero interest rates. we'll be asking famed economist marty fed stein -- feldstein, harvard economics professor. we're bringing back hilary kramer to tell us the number one thing to watch that could shock the market. no question about that. but...
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Dec 12, 2014
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development out of london, the airspace above heathrow has been shutdown did over to my colleague, stuart varney. you have all the latest. stuart: this is a very big day in politics and in money. the earth is moving. senator elizabeth warren has split the democrats. she leads the anti wall street left, her power is growing, she is challenging hillary clinton for leadership of the party and winning. the political heirs is moving and so is the world of money. the price of oil is collapsing, strong word but valid. $50 a barrel. there is a gas war in oklahoma city and more to come. big win for america, big loss for our rivals and enemies. that is the way to start friday morning to get the blood running. "varney and company" is about to begin. ♪ stuart: it is a market sell-off and we will get to that in a moment. breaking news from london. computer failure at an air traffic facility has shutdown the airspace around london's heathrow airport. it is a power failure reported the to blame. you can see from this live radar image planes are stacked up around london. the air space is the busiest in the worl
development out of london, the airspace above heathrow has been shutdown did over to my colleague, stuart varney. you have all the latest. stuart: this is a very big day in politics and in money. the earth is moving. senator elizabeth warren has split the democrats. she leads the anti wall street left, her power is growing, she is challenging hillary clinton for leadership of the party and winning. the political heirs is moving and so is the world of money. the price of oil is collapsing,...
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Dec 24, 2014
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so let's say, stuart varney, if you own a loser like microsoft and you want to sell it and say you wanttech like apple, that's totally cool because they're not substantially identical. but you can't, let's say, own an s&p 500 fund that's in the toilet and go buy another one. the irs will say that's not good either. now, here's the merger thing like you brought up. two stocks are talking mergers, one is a loser in your portfolio, you sell it and try to buy back the other side that's up, the irs will say, yeah, you can't do that either. you have to wait 30 days before you make any of these moves, gerr sixer. -- gerri. gerri: is uncle sam rial watching? >> great question. people like us, i mean, you should be careful, you should check with your accountant. you don't have to understand this stuff, but you've got to be smart enough to say, hey, if i sell this loser and buy it back, am i going to have an issue. gerri: tracy, thanks for coming on. and finally, if rain drops on roses and whiskers on kittens are your favorite things, well, you're in luck. if it's coffee and bourbon, get ready to
so let's say, stuart varney, if you own a loser like microsoft and you want to sell it and say you wanttech like apple, that's totally cool because they're not substantially identical. but you can't, let's say, own an s&p 500 fund that's in the toilet and go buy another one. the irs will say that's not good either. now, here's the merger thing like you brought up. two stocks are talking mergers, one is a loser in your portfolio, you sell it and try to buy back the other side that's up, the...
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Dec 23, 2014
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our 2 of stuart varney two minutes away. ♪ (holiday music is playing) hey!o need a new santa ♪(the music builds to a climax.) more people are coming to audi than ever before. see why now is the best time. audi will cover your first month's payment on select models at the season of audi sales event. visit audioffers.com today. charles: not sure if you broke out another milestone, the dow crossing 18,000 for the first time and if you had been listening to me on the show, you make a lot of money the last several years, no it has been a wild ride but you got to take a look, your 401(k) is doing well at the very least you guys didn't dump it no matter how are in view have been. the economy not growing as fast as we wanted but the momentum. gas is cheaper. we could finally see confidence start to return to main street. we had a good confidence number today, due in part to you, hard-working americans. don't let anyone else take credit for it. our 2 of the party starts right now. ♪ charles: after the initial move to the upside markets struggled little bit but holdin
our 2 of stuart varney two minutes away. ♪ (holiday music is playing) hey!o need a new santa ♪(the music builds to a climax.) more people are coming to audi than ever before. see why now is the best time. audi will cover your first month's payment on select models at the season of audi sales event. visit audioffers.com today. charles: not sure if you broke out another milestone, the dow crossing 18,000 for the first time and if you had been listening to me on the show, you make a lot of...
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Dec 26, 2014
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connell: the big story, connell mcshane in for stuart varney.as present we got this week, rumors of a real recovery, the economy growing at the fastest pace in a decade, will prices pushing gasoline lower and lower. more money in your pocket, you know that if you have done your christmas shopping, stocks at record levels. dow 18,000 pushing higher it than that. looking pretty good as we move into the new year. stay right where you are. we have our number 2 all over this on "varney and company" starting right now. ♪ connell: a lot of expressions that varney. let's get to our theme of the day we are talking about, the economic recovery is the real deal. we see it in the numbers, to make an argument against it may be. we will talk to some people about it. couple that with the market rally down 18,000, the question is can president obama take credit for all this and should he take credit for all of this. we go to dan henninger her. thank you for coming and. number 2 on the question of the president taking credit we started last hour with this conver
connell: the big story, connell mcshane in for stuart varney.as present we got this week, rumors of a real recovery, the economy growing at the fastest pace in a decade, will prices pushing gasoline lower and lower. more money in your pocket, you know that if you have done your christmas shopping, stocks at record levels. dow 18,000 pushing higher it than that. looking pretty good as we move into the new year. stay right where you are. we have our number 2 all over this on "varney and...
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stuart varney joins me now. that's an astonishing percent and. >> reporter: we are moving towards the train wreck and the train is picking up speed. $10.6 trillion when the president walked into the white house. going close to 20 trillion by the type the president leaves office. we are now spending as of this year, $430 billion in interest on that debt. $9 billion a week,' of that going overseas. i think we are moving towards a debt crisis just like europe. don't know when it's going to hit. but we are moving faster and faster in that direction. martha: periodically there are serious discussions about cutting the debt. but then you hear about new programs popping in all the time. the retraining of police. there is never any discussion about what might be bumped off the budget to make room for that thing. it's absolutely mind blowing. it's not how most people can run their business. >> reporter: the gore rilla in the patch is medicare and social security. that's what's driving us towards this train wreck. there i
stuart varney joins me now. that's an astonishing percent and. >> reporter: we are moving towards the train wreck and the train is picking up speed. $10.6 trillion when the president walked into the white house. going close to 20 trillion by the type the president leaves office. we are now spending as of this year, $430 billion in interest on that debt. $9 billion a week,' of that going overseas. i think we are moving towards a debt crisis just like europe. don't know when it's going to...
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Dec 17, 2014
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stuart varney has the economic angle on this. do you think this at the moment is about what? oil?hink oil is a part of the story. power and influence around the world because of the collapse in the pric price of oil. look at the cuba situation, cuba get the oil from venezuela, venezuela is flat-out broke and the economy is collapsing because of the price of oil. they may not be will to supply as much oil to cuba and certainly demand hard cash for it putting cuba in a bind. maybe that's why they're more susceptible to reaching out to america for diplomatic accommodation. more rivals and enemies and trading partners especially russia and venezuela, maybe cuba. bill: you're watching the ruble collapse in front of us, down 50% in 2014. and energy technology, fracking is a big reason for that. the couple the sanctions with lime you put in have an economy some had wondered whether or not it would go in freefall, stuart. >> this panic buying in moscow because if people don't i something today it go up in price tomorrow or not available at all. this collapse nic in the price f oil gives a
stuart varney has the economic angle on this. do you think this at the moment is about what? oil?hink oil is a part of the story. power and influence around the world because of the collapse in the pric price of oil. look at the cuba situation, cuba get the oil from venezuela, venezuela is flat-out broke and the economy is collapsing because of the price of oil. they may not be will to supply as much oil to cuba and certainly demand hard cash for it putting cuba in a bind. maybe that's why...
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fox business network's stuart varney. good morning to you. crack is whack.at is up that comparison? >> no pleasing people, is there? if you have cheap gas theory you use more of it, using more fossil fuels and emitting more carbon and greens believe that will destroy the planet. therefore they don't like cheap gas. they want to end cheap gas. they don't want to use more of it. like crack cocaine, does a lot of damage but you can't move away from it. that is the green position on cheap gas. president obama wants increase in the gas tax to get the gas price back up again because i think he too believes that fossil fuels should be eradicated albeit slowly so we don't produce so much carbon. bill: could go all electric. the problem is the grid is not out there. the consumer hasn't shown overwhelming demand to go electric. parts a little bit, but not overwhelmingly. i think the reason for the gas drop needs to be explained here. oil production in this country is at an all-time high. >> we are producing an extra four million barrels of oil a day in the united stat
fox business network's stuart varney. good morning to you. crack is whack.at is up that comparison? >> no pleasing people, is there? if you have cheap gas theory you use more of it, using more fossil fuels and emitting more carbon and greens believe that will destroy the planet. therefore they don't like cheap gas. they want to end cheap gas. they don't want to use more of it. like crack cocaine, does a lot of damage but you can't move away from it. that is the green position on cheap...
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stuart: thank you very much indeed. we will be watching. more varneyou will get it next year, i do believe. >> we will have this all wrapped up in weeks. here is deirdre bolton. deirdre: thank you so much. apple versus consumers in a class action lawsuit. delete it from icons. employees -- it does not know the extent of what was stolen. details of executive pay, five movies, other proprietary information all available on the internet.
stuart: thank you very much indeed. we will be watching. more varneyou will get it next year, i do believe. >> we will have this all wrapped up in weeks. here is deirdre bolton. deirdre: thank you so much. apple versus consumers in a class action lawsuit. delete it from icons. employees -- it does not know the extent of what was stolen. details of executive pay, five movies, other proprietary information all available on the internet.
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stuart: i want to see that. judge napolitano: i want to see varney. connell: in short and flip-flops. unattractive. you done with this? >> can we have judge andrew napolitano on at the same time? eugene schwartz. don: not me. y s stocks -- all right. the surgeon general has been confirmed by the senate. he is big on gun control. what has it got to do with him when he is the surgeon general? what is going on? judge napolitano: in the white house's view everything because in the regulations promulgated by hhs when they distributed 40% of the laptops to primary care physicians, one of the questions and those laptops in the initial interview of a new patient is do you own a gun and another question is are there guns in your house? when your doctor asks that you, just say it is none of your business. the law does not obligate and answer but the law does obligate the doctor to ask. having that administered by someone as fiercely anti-gun as this person is is going to ratchet up. stuart: is a major contributor, bungler -- judge napolitano: all presidents appoint people, usually a surgeon general is above t
stuart: i want to see that. judge napolitano: i want to see varney. connell: in short and flip-flops. unattractive. you done with this? >> can we have judge andrew napolitano on at the same time? eugene schwartz. don: not me. y s stocks -- all right. the surgeon general has been confirmed by the senate. he is big on gun control. what has it got to do with him when he is the surgeon general? what is going on? judge napolitano: in the white house's view everything because in the regulations...
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charles payne filling in for stuart on "varney & company." charles: political theater. this is the big story. jonathan gruber says he is not the architect of obamacare. he apologized for calling you the voter stupid. he says he is embarrassed and sorry. are you stupid? more fireworks to come. sit back, grab a snack. more "varney & company" is about to begin. ♪ >> we are here today to beat up on jonathan gruber. stupid. absolutely stupid comments that he made over the past few years. >> i seriously apologize for conjecturing. it is never appropriate to make oneself seem more important or smarter by demeaning others. >> are you stupid? >> i do not think so. no. >> does mit employee stupid people? >> not to my knowledge. >> so you are a smart man that did some stupid things. charles: let's listen in right now after he was caught on camera bragging about lying to us. let's go now to representative jim jordan. >> you are the key guy. the president of the united states throws you under the bus. that job to be was an advisor. that is what i was. howdy people have you enrolled
charles payne filling in for stuart on "varney & company." charles: political theater. this is the big story. jonathan gruber says he is not the architect of obamacare. he apologized for calling you the voter stupid. he says he is embarrassed and sorry. are you stupid? more fireworks to come. sit back, grab a snack. more "varney & company" is about to begin. ♪ >> we are here today to beat up on jonathan gruber. stupid. absolutely stupid comments that he made...
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stuart: we appreciate what you are doing. we are glad to have you on the show today. thank you for joining us. thank you. the dow is down. more varney moment. ♪. stuart: mcdonald's crushes the $8 price point for hamburger, you are starting to compete with full-service restaurants. it is not fast food anymore. stuart: they got that right. the problem mcdonald's is faced with. now, here is deirdre bolton. deirdre: thank you so much. a hack attack leaves 105th the million users at risk. it comes on the heels of a security breach. google pulling out all of the stocks. we have that take. investing in hard assets. gary, they were all in miami. our expert guest will tell you which buys were best. playstation gamers could not access the network for a few hours yesterday morning. joining me now is a security
stuart: we appreciate what you are doing. we are glad to have you on the show today. thank you for joining us. thank you. the dow is down. more varney moment. ♪. stuart: mcdonald's crushes the $8 price point for hamburger, you are starting to compete with full-service restaurants. it is not fast food anymore. stuart: they got that right. the problem mcdonald's is faced with. now, here is deirdre bolton. deirdre: thank you so much. a hack attack leaves 105th the million users at risk. it comes...
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varney and company is about to begin. ♪ stuart: well, would you look at this. go away for two days and the market goes down for two days. the retail sector there seeing its biggest gain in two and a half years because we had a report that retail sales were very strong recently. still a long ways to go. the other financial story is the price of oil. it has dropped to a fresh five-year low. oil is at $60 a barrel. gas, that was down almost $0.02 overnight. national average for regular, 262. ipay 241 in jersey yesterday morning. first, this. the government. they just cannot stop spending your money. look at these numbers. a record $404 billion in two months. at the same time, they spent a total of 582 billion. a deficit of 178 billion in two months. monica crowley is here on this one. he wants even more tax money. he is not retreating at all, is he? >> tax and spend liberals. now it is spend and tax liberals. there are a lot of republicans that go down this road, to. they funded obamacare and they funded obama's illegal, unconstitutional amnesty move. in many ways
varney and company is about to begin. ♪ stuart: well, would you look at this. go away for two days and the market goes down for two days. the retail sector there seeing its biggest gain in two and a half years because we had a report that retail sales were very strong recently. still a long ways to go. the other financial story is the price of oil. it has dropped to a fresh five-year low. oil is at $60 a barrel. gas, that was down almost $0.02 overnight. national average for regular, 262....
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stuart will be back tomorrow. cyber crime. things are under attack. is your information safe? that is the topic on capitol hill. do not worry, we have it all. varney and company about to begin. ♪ >> let's get to the cyber threat. we were off about 160 points. you could see opening down under pressure. stocks down. it seems like they are now trading in direct correlation with oil. we just added inventory numbers. inventory went up 1.5 billion barrels. this hour we have mary kissel from the "wall street journal." we talk about the benefits. there are some things to be worried about when oil starts to crash. you remember when you said you cannot just drill out our way to lower gas prices. there are no quick fixes or silver bullets. i am seeing a lot of upside from this, charles. >> it was associated with massive pullbacks. this is different this time. the way america produces its oil and gas. this is a technological step up. this is something that will happen over a period of years. i am not saying that we will not see the price go back up, you will see that play out over a period of years. charles: i got a report. it went down month over month. pull
stuart will be back tomorrow. cyber crime. things are under attack. is your information safe? that is the topic on capitol hill. do not worry, we have it all. varney and company about to begin. ♪ >> let's get to the cyber threat. we were off about 160 points. you could see opening down under pressure. stocks down. it seems like they are now trading in direct correlation with oil. we just added inventory numbers. inventory went up 1.5 billion barrels. this hour we have mary kissel from...
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Dec 19, 2014
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stuart. here is the big story. now investors are looking forward. two years of control in congress. president obama not having his way with out a fight. 810,000. varney and company is about to begin. ♪ >> we start with stocks. let's check the big board. the dow is up 24. almost hitting 18,000. 17,800. three dow component hitting record highs. looking good, as far as 3 m is down just a sliver. now to oil, that is bouncing back. treading at $55. gasoline, it is down more than $0.02 overnight. $2.45 when you go to the gas pump. >> i think what you see also playing out is the realization that 2016 is not that far away. it is now being listened and listened. steve forbes pretty bullish on the republicans. are you with steve on the fact that this valley is a republican congress rally. >> very good performance air. we avoided a pension bailout. there were cuts to the bureaucracy. that was in the lame duck congress. >> there were a thought of service test. republicans did not eat obamacare. >> that is governing by temper tantrums. what we saw in the last election is we have a lot of very serious adults coming in to the senate and the house who actually do wa
stuart. here is the big story. now investors are looking forward. two years of control in congress. president obama not having his way with out a fight. 810,000. varney and company is about to begin. ♪ >> we start with stocks. let's check the big board. the dow is up 24. almost hitting 18,000. 17,800. three dow component hitting record highs. looking good, as far as 3 m is down just a sliver. now to oil, that is bouncing back. treading at $55. gasoline, it is down more than $0.02...