what stuart varney is talking about is this. economic dislocation. that's what's happening. people want to inform themselves about it. they want to spread the word. people don't want to lose their country. we can talk in the abstract about different theories. but i want you to look at your children and grandchildren. some of you have great grandchildren. where are we dragging this country? into racial strive? open borders? what happens with open borders? more strive in basic economic conditions will be deteriorated. our military is being undermined by political decisions that are very destructive. democrats wants to spend in a way that will lead to inflation. why would parents and grandparents do this to their own flesh and blood? do they think it's not going to happen to them? somehow the laws of economics don't exist? they exist as much as the laws of physics. when politicians they are going to spends $5 trillion and there is no cost, is that believable? are these responsible people? why would you allow your children and grand

mark: welcome back, stuart varney, let me ask you something out of your known area.is budget, and biden with his executive order, we have social issues rammed down throats of american people, among them critical race theory, what is your thought. >> i have a multiracial family of which i am proud, we have three races, african, caucasian and asian, we two religions, 7 ethnic nationalities, that is a multiracial family. it say very american fam -- it is a very american family, nothing drives me up all more than. >> i have a young black grand child with your white sisters, how i am supposed to encourage him to go to school and stand up and complaint about his sister who are privileged. can you imagine, how divisive can you get, and this equity thing, the way i read it, that african-americans need more equity in everything. whether jobs or money or housing or covid whatever it is. that too is divisive. that is picking this group against this group. i think it is un-american. it is basing so many things on the color of your skin and ethnic back ground. mark: i wrote a boo

mark: welcome back, stuart varney, let me ask you something out of your known area.s budget, and biden with his executive order, we have social issues rammed down throats of american people, among them critical race theory, what is your thought. >> i have a in my family my immediate family, 3 have three races, two religions. we have 7 ethnic nationalities, i won't go through themm all, that a multiracial family. it a very american family, actually, there is nothing that drives me up the wall more than critical race theory and this equity movement. is divisive. how am i to have my grandchildren. i have a young black grand child with 4 white sisters, how am i supposed to encourage him e to go to school, stand up and complain about his sister who are privileges, how divisive can you get. this equity thing, the way i read it is african-american need more equity in everything. whether it is job or money or housing or covid or whatever it is. that too is divisive. that is picking this group against this group. i think it is un-american. it basing so many things on the colo

stuart stuart i'm going to deal back in mr. varneyyes i would. not absolutely sure. don't press me too hard. todd: there is my gift. hook you and mealy up. call bezos as soon as we get off the guest. and i guess i have to could five hours of tv because you will both be in space. todd: with that "fox & friends" starts right now. jillian: bye. >> senator kristen cinema confronted by activists again this time reagan international airport. >> do you think. >> desperate. that's what you are seeing. >> texas state troopers discovering migrants on the run zeenchts terrorist threats. they are real. they exist. and they want to come across that border. >> dr. phoney anthony fauci backtrack after saying it's too soon for americans to gather for christmas. >> was that misinterpreted. i will be spending christmas with my family. >> attorney general m

they love stuart varney on this 20 fifth anniversary. who is a fan of stuart varney?say this. they can rattle off the list of things in which things are changed and it starts, the root cause is on january 20th, 2021, whether it is crime, mandates of covid, the bill they are attempting to push through, you name it and they understand policies change in a whiplash way and folks that voted for unity or normalcy, instead they are getting socialism and dysfunction and division and critical race fear he and they don't want it and it doesn't work. how quickly does that push through body politics when in 2022 they have nothing to run on because there's not much satisfaction with anything. stuart: i am not going to guarantee it but highly likely. city council in los angeles about to approve one of the strictest vaccine mandates in america. everyone over age 12 needs to be fully vaccinated to go to a bar, a gym, a restaurant, a shopping mall around or facilities. are you ready for these direct tony restrictions. ? >> reporter: don't go to los angeles. they look in many parts of

lauren: jason chaffetz on stuart varney's show earlier, we played that same joe manchin sound bite and jason said i think manchin put a qualifier in that sound bite and that was earned income. so taxing wages, for instance. it wasn't unearned income, dividends, real estate, pensions. we don't know how broad this tax is going to be. we'll find out tonight, keith, the senate finance chair, senator ron wyden, he says they will get details tonight. they will release what the corporate minimum tax rate is and what exactly is in this proposal for taxing unrealized capital gains. keith, thank you very much. >> my pleasure. >> sales and prices exploding in september, blowing estimates out of the water. what does that mean for a housing market that has yet to cool off? and investing star cathie wood tries to predict the future with her etfs. now she is trying to predict inflation. he h -- she thinks twitter ceo jack dorsey is dead wrong about his recent call. we'll discuss. ♪ you founded your kayak company because you love the ocean- not spreadsheets. you need to hire. i need indeed. indeed you

ashley webster in for stuart varney. take away. ashley: i and ashley webster in for stuart varney. the senate has approved a short-term deal to lift the debt ceiling is a pushes off worries of the default, only a temporary band-aid until december and then there is the labor market only adding 194,000 jobs, a big miss, the lowest monthly totals this year. futures initially dropping on the news, now pushing positive. the nasdaq up half of one%. 30 minutes from now labor secretary marty walsh will join us to react to the jobs report, a first on foxbusiness interview. sue talks about the vaccine mandate that will be in place in los angeles county. you must show your vaccine card if you want to eat, drink, exercise indoors, go to a sporting event or shopping mall. the county sheriff said he won't and force that mandate as we will get into that. tesla saying goodbye to california, elon musk moving to austin, texas. this move does not come as a big surprise, during the spring musk called out california politicians for their, quote, fascist covid policies. gas prices jump $0.07 in a week.

. >> we get live reaction to the exchange, joe concha, joey jones and stuart varney all coming up on "fox and friends first". ♪♪ highway to hell ♪♪ highway to hell ♪♪ this halloween, xfinity rewards is offering up some spooky-good perks. like the chance to win a universal parks & resorts trip to hollywood or orlando to attend halloween horror nights. or xfinity rewards members, get the inside scoop on halloween kills. just say "watch with" into your voice remote october 5th at 8pm to join a special live stream with star jamie lee curtis. a q&a with me! join for free on the xfinity app. our thanks your rewards. >> close the deal on 99% of my party. two people, it is still underway. >> why mcconnell off the hook or republicans off the hook? this is their debt the republican spent like drunken sailors over the past four years before president biden took office? >> president biden pointing republicans and moderate democrats as his legislative agenda hangs in the balance. >> you to react is james comeer. there is a point to be made the national debt rose by $8 trillion in the last four ye

ashley: the pentagon with stuart varney.ay by the way at 9:00 p.m. eastern right here on fox business. great stuff. >>> okay, now this, the art gallery representing hunter biden's artwork is cashing in on covid funds. this is after president biden was elected. we've got a report on that. meantime kim kardashian making her hosting debut on "saturday night live." roll the tape. >> ew, this is so cringe. guilty. >> who is guilty, me, mom or kiley. >> i don't care. you pay. ashley: question was, was she a hit. i will ask media guy concha. he is next. ♪. ♪ ♪ there are beautiful ideas that remain in the dark. but with our new multi-cloud experience, you have the flexibility you need to unveil them to the world. ♪ we are the next. the next generation to unv of visionaries.world. rule breakers. game changers. and world beaters. we certainly aren't here to do what's been done before. and neither are we. at palo alto networks, we are ready to secure our digital future. we innovate to outpace cyberthreats. so you can make the next day

eastern but followed by american belt with stuart varney at 9:00 p.m.ornings with maria" live on foxbusiness we are not getting you a helicopter. only pay for what you need. ♪ liberty. liberty. liberty. liberty. ♪ my daughter has type 2 diabetes and lately i've seen this change in her. once-weekly trulicity is proven to help lower a1c. it lowers blood sugar from the first dose. and you could lose up to ten pounds. trulicity is for type 2 diabetes. it isn't for people with type 1 diabetes. it's not approved for use in children. don't take trulicity if you're allergic to it, you or your family have medullary thyroid cancer, or have multiple endocrine neoplasia syndrome type 2. stop trulicity and call your doctor right away if you have an allergic reaction, a lump or swelling in your neck, severe stomach pain, changes in vision, or diabetic retinopathy. serious side effects may include pancreatitis. taking trulicity with sulfonylurea or insulin raises low blood sugar risk. side effects include nausea, vomiting, and diarrhea, which can lead to dehydration a

usually to describe another word i pick when i'm tied up naked and being whipped with a riding crop stuart varneyt here it is based on this idea that you are somehow threatened by the mere presence of these workers. like you are an antelope near a lion or a twinkie near brian. i had one of those today. the guys who fix things, they are a danger. they world is full of these guys who make things work but make you nervous and they don't even know it. they are too busy improving your lives to notice you cowering under the beds. it's not fear of toxic masculinity, it's a fear of competency. do you chug, work hard, solve problems. it's the opposite of spoiled colored kids. so soft and pampered to integrate problems to give their he never never said if he was actually harmed. perhaps he was just made uncomfortable by what? people who know how to fix things. at least for me, i will admit people know how to fix stuff are intimidating. they actually are useful. they are the ones who pull over and help you change a tire in the rain or pressure car out of the mud when you're just trying to dispose of a dead

. ♪ ♪ >> my name is stuart varney and i have been at fox for 18 years.irst thing out of the producer's mouth was look, we don't want to talk about wall street. we are to the going to talk about the federal reserve. we don't want any elite language. i said oh, this place is for me. so where do we start? all right, let's start with your money. first off, it seemed to me right from the start that fox was interested in what i could communicate. i want to be real clear about this. profits are spectacular. >> this is the important point how i could communicate the excitement of money. blockbuster numbers this morning. >> fox is not really interested in my accent or which college i went to. what they care about is communicating with real americans. and, man, do i feel at home millions of vulnerable americans struggle to get reliable transportation to their medical appointments. that's why i started medhaul. citi launched the impact fund to invest in both women and entrepreneurs of color like me, so i can realize my vision and give everything i've got to my comp

ashley webster in for stuart varney. take away. ashley: i and ashley webster in for stuart varney.cember and then there is the labor market only adding 194,000 jobs, a big miss, the

ainsley: stuart varney will join us on that as we celebrate 25 years on fox news channel. will turn it back around ♪ ♪ bogeys on your six, limu. they need customized car insurance from liberty mutual so they only pay for what they need. woooooooooooooo... we are not getting you a helicopter. only pay for what you need. ♪ liberty. liberty. liberty. liberty. ♪ this is the sound of an asthma attack... that doesn't happen. this is the sound of better breathing. fasenra is a different kind of asthma medication. it's not a steroid or inhaler. fasenra is an add-on treatment for asthma driven by eosinophils. it's one maintenance dose every 8 weeks. it helps prevent asthma attacks, improve breathing, and lower use of oral steroids. nearly 7 out of 10 adults with asthma may have elevated eosinophils. fasenra is designed to target and remove them. fasenra is not a rescue medication or for other eosinophilic conditions. fasenra may cause allergic reactions. get help right away if you have swelling of your face, mouth, and tongue, or trouble breathing. don't stop your asthma treatments

our next guest agrees host of american built stuart varney.> senator warren wants to add up everybody's wealth the wealth of billionaires, stocks, bonds, business, artwork, your diamonds, your intellectual property, everything, add it all up and then take a piece of it, every single year. whether you made a profit on a stock or a bond it's irrelevant. how much have you got? pay up 43% if you are a billionaire. can you imagine what that does. taking billions and billions of dladz dollars away from productive people use that money to create more jobs and create more innovation in our society. musk is absolutely right when he says quoting margaret thatcher the problem with socialism eventually you run out of other people's money because eventually they will come after you as well. they will lower that threshold. billionaires now in the future might be millionaires and couple hundred thousands down it comes because they are desperate for your money. that's what it is. brian: we want to make billionaires the rich bad when they should be something w

. ♪ ♪ >> my name is stuart varney. i've been at fox for 18 years.cer's mouth was, look, we don't want to talk about wall street, we don't want to talk about the federal reserve. we don't want any heat language. i said, oh, this place is for me. so where do we start? let's start with your money. first off -- it seemed to me right from the start that fox was interested in what i could communicate. i want to be real clear about this, profits are spectacular. and this is the important point, how i could communicate the excitement of money. blockbuster numbers this morning. fox is not really interested in my accent or which college i went to. what they care about is communicating with real americans. and, man, do i feel at home. people everywhere living with type 2 diabetes are waking up to what's possible with rybelsus®. ♪ you are my sunshine ♪ ♪ my only sunshine... ♪ rybelsus® works differently than any other diabetes pill to lower blood sugar in all 3 of these ways... increases insulin when you need it... decreases sugar... and slows food. the majorit

"varney and company" right now. stuart: difficult to go from pets in bed to dramatic energy price inflation but i will do that. energy price inflation and debt are very much in the news driving this market down. dow industrials down post to 300 points at "the opening bell". the s&p on the downside. 60% of stocks in the s&p are already down. look at the nasdaq, down 140 points, the selloff continues. technology stocks getting hit. there may have been some dip buying yesterday but we haven't seen it this morning across the board. mark zuckerberg responded to the whistleblowers charges which he said facebook does not prioritize profits over safety. interest rates not helping the market. the yield on the 10 year treasury keeps edging towards that one.6% level. a few minutes ago at 155, now it is at 152 but lofty levels. here's where energy inflation comes in. natural gas driving it. we are well above the $6 level, much higher than that earlier, 6:0 three right now. the equivalent price in china nearly $30. what we are looking

. >> i'm worried about stuart varney driving to florida. that will cost a lot of money. we better take up a collection. that is long way. jackie: president phil, you have my vote in the next election. >> thank you. jackie: staying on the inflationary pressures, proctor & gamble with big earnings beat today. the company says price hikes are helping to offset some of its cost but warns higher costs could slam earnings in 2022. other companies are worried too. macro investing partners mitch roschelle is good with us. always good to see you. good afternoon. >> good to see you, jackie. jackie: throughout this process the get is saying it is transitory. we've been saying it lasts longer. vladmir putin says supply chain problems will go well into next year that will keep inflationary pressure on a. the tipping point, after the pandemic, people had money, saved money, want experiences it will have a cooling effect, a chilling effect on this economy no doubt, right? >> yeah. the problem is, what i will call the elasticity of demand. think about it as a rubberband. you can only pu

to watch what your real opinion is. >> you know who i learned that from, you can't just be like stuart varneyt get the big bucks like you, but one day. stuart: stop it. thank you, lawrence. i think you are all right. let's get serious. facebook came under heavy fire during a three hour senate hearing over instagram's harmful impacts on teenagers. lauren: senators tried to prove facebook is harmful to teenagers mental health and that they tried to cover that up. >> facebook has shown us , once again, that it is incapable of holding itself accountable. >> facebook knows that it's services are actually harming young children. they know this. >> facebook is just like big tobacco, pushing a product that they know is harmful to the health of young people. lauren: facebook head of a global safety her defense over and over, our internal research is misunderstood, but i think it could be the tipping point for facebook when lawmakers compare them to big tobacco, weaponize in childhood vulnerabilities, talking about teenage suicide i think you heighten the need for lawmakers to start humoring them in. i

top quizes by stuart varney. stuart: i used to do that all the time. capital of sim bob bay is? stuart: harai test me, test me. >> what were on of the biggest ones. you tested us on? stuart: mahre taken yaw. here is neil cavuto. neil: the trenton new jersey for a brief year was capital of the united states. just finding out about that. stuart: times change. neil: exactly. thank you, stuart, very, very much. sandra, good hering you as well. dow selling of, not as dramatically as early on. we're getting a sense they turn on every item and news nugget they get at least right now out of washington. of course as stuart was just telling you joe manchin saying we're not going to default. doesn't mean we're not going to default. he thinks any debt crisis could be avoided government shutdown or worse default on our obligations. remember what constitutes a default is not paying the bills. if you can't pay a social security payment, u.s. interest payment to a u.s. bondholder, technically you're in default. we never done that for the long history. fears are we could stumble into a series of

second hour of "varney" just getting started. ♪ ♪ stuart: all right.day. i say quit the fear mongering. where are you on this? >> well, exactly. and this is what america's been watching for a year and a half, right? we understand the seriousness of everything that affects our lives, especially a virus that can strike all of us and our families. and wove done -- we've done, i think, a very good job. but what we've noticed is this attempt to manipulate us, to kind of move us into a certain direction even though we've seen extraordinary progress p as you mentioned. while the legacy media doesn't talk about it, we know certainly worldwide there's been a 30% reduction in cases. we know that things have gotten better, you know, with treatments, as you've noted, that if you have a breakthrough case, that you at least can be treated. when there was first discussions about mandates and even an osha rule during the trump administration, this is pre-vaccine. we now have vaccines, and our big deal is whether or not you should get a booster. this is good news even

brian: is it true you have to share all your money with stuart varney and neil cavuto?es through. episode 2 tonight. >> episode 3, are i think. brian: catch it now american gold. airs every wednesday that's tomorrow on fox business at 8:00. rick and tad, how are you liking stardom? do you like it. >> i don't know. it's kind of foreign to us. that's not what we're -- we're in it for kind of being brothers and working together and you know we live in a small town grew up. everybody knows everybody. that's not what drives us. brian: might as well just find the gold and be rich in that small town, what do you think? >> yeah. >> money is good. >> we like people. so this has been good in that way, too. brian: we like you and our audience loves that you are on. of great series. rick dale, tad dale a great family story. thank you so much. >> thank you. brian: go get the gold. >> we will. we are after testimony. brian: meanwhile, the democrat divide in congress stalling president biden's big spending agenda while moderate dems are getting will accosted by liberal activists what?

eastern followed by american belt with stuart varney at nine.ching "mornings with maria" live on foxbusiness. will be right back ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ growing up in a little red house, on the edge of a forest in norway, there were three things my family encouraged: kindness, honesty and hard work. over time, i've come to add a fourth: be curious. be curious about the world around us, and then go. go with an open heart, and you will find inspiration anew. viking. exploring the world in comfort. (vo) this is a place for ambition. a forge of progress. a unicorn in training. a corner to build a legacy. a vision for tomorrow. a fresh start. a blank canvas. a second act. a renewed company culture. a temple for ideas. and a place to make your mark. loopnet. the most popular place to find a space. maria: welcome back ticket vaccine mandates and economic impact and how they could make the supply chain crisis even worse and why trusting natural immunity might help. we are back in two minutes time with dr. marty makary. maria: have you been to the grocery store

the third hour of varney about to begin. stuartenings as we speak and people not taking those jobs. why is there a large group of people who prefer to stay at home? >> there is a mismatch of skills, people who stay at home are waking up and realizing maybe they don't enjoy the jobs they had, leisure and hospitality today accounts to 32% of the shortfall in payroll since the pandemic and it is only 10% of the labor force. their wages are rising 12.9, the substitution effect, you want to work more and you don't feel comfortable working in a fast food establishment, other factors are people don't enjoy that after being away from it here. the solution is to make the tasks people don't enjoy to be handled by technology, that is not higher wages. 12.9% year over year is an incentive. stuart: a labor shortage and fax mandate which is a problem in some areas. if you add it up, it is inflationary and doesn't get better. >> inflation is worse, the federal reserve admitted it, it is transitory that has to stay for 6 weeks, turns out to be a m

wednesday october 13th, 2021, "varney and company" is about to begin. stuart: space cowboys, fine producing of music. and less than an hour, blue origin will launch its second spaceflight. fascinating to see you 90-year-old william shatner on board with three other crewmembers. kelly a grady in texas where the lunch is happening. >> the crew just suiting up and. the excitement is palpable. captain kirk himself will be on board but has quite a ride ahead of him. the rocket will be accelerating a three times the speed of sound. yesterday and inside look at a replica of the capsule he will be traveling in. >> inside the capsule, where the workers and crew will take the suborbital flight. two of the four passengers are playing. origin not released how much they are paying but their competitor version galactic selling seats for 250,$000 to 450,$000 but william shatner has a window seat. >> reporter: the ticket cost has critics questioning the professed aim of democratizing space travel. this goes beyond commercialization. jeff bezos is looking to transfer industrie

"varney and company" is about to begin. stuart: it is difficult to report clearly what is going on dc. chaos in the democratic party makes clarity a scarce commodity but we will try to make sense of it all. the president meeting with top democrats on capitol hill trying to bridge their differences. they do have a deal, it is called a framework for the reconciliation bill, which programs are in and out to pay for it all. the president scheduled to make a statement at 11:30 eastern. we will take that ride and have details on this framework, we will spell it out in a moment. chaotic tax-and-spend scramble does not appear to upset the markets, the dow is coming up a little after wednesday's loss. close to another record, up 60. 35,000400,000, the s&p on the way back up again. the nasdaq powering ahead, 78 point gain. another big tech day. apple and amazon report after the bill, both of them holding firm pre-market. amazon and apple report later holding firm now. we just received the first look at the state of the economy in the july t

"varney and company" is up next. stuart: i want to see the video. dagen: i was sick to my stomach for the duration of that flight. stuart: i knew that. good morning, everybody. here we go. you hear it all the time. wait till we get to earnings season and then we will see where the market is going. it is early, very early in the profit reporting season but it is going well. profits and the expectation of profit drives stock prices to look at this. futures show gain for the dow of 300 points which a couple big banks and investment firms are in the dow 30. goldman, jpmorgan doing well profit wise helping this thursday morning, the early rally this thursday morning. the s&p up 40, strong gain and look at the nasdaq, very strong today. big tech performing nicely in part because of this. the yield on the 10 year treasury backing away from one.6%, up one.53 as we speak. here's what we have thursday morning, profits up, stocks up, that is how things are shaping up at least in the early going this thursday. no idea how we will close at 4:00 eastern. it is no

"varney and company" starts now. stuart: we have a jampacked friday, news on all fronts, start with this. amazon and apple done in by supply-chain trouble. amazon sees the problem continuing and both committed the unpardonable sin of missing wall street expectations. down they go big time. microsoft doing really well. it that it may soon dethrone apple as the most valuable company, apple is worth $2.5 trillion in following, microsoft is worth $2.4 trillion and rising. because of the apple and amazon declined there's plenty of red ink on wall street in premarket action, the dow still very close to its all-time high down 50 points, the s&p still very close to its series of highs but a big drop for the nasdaq influenced by apple and amazon. nasdaq down 130. let's get away from money and turned to politics, a dramatic turn in the virginia governor's race, republican glenn youngcan leads terry mcauliffe by 8 points, last week it was a dead heat, now it is not. how will voters feel about this? the biden administration is going to

"varney and company" begins right now. take it away. stuart: president biden is in deep political trouble at a time he needs maximum support to push through socialist plans, support is evaporating was the latest poll shows biden is way underwater on his performance on the economy. 39% approve and that is down 11 points in just a few weeks. his big problem is inflation, voters biggest concern. 87% are extremely or very concerned about rising prices. one more. it is the independents who are leaving him in droves. among that group he has dropped 15 points, over handling the economy. there is news on biden's massive spending plan. christensen a will not support higher taxes on individuals, corporations or capital gains. democrats are scrambling to figure out how to pay for it all. the president stumped for his plan wednesday saying, quote, it does not increase the debt. it is all paid for. christensen a set it does not add up. to the markets, a pull back for stocks follows and intraday high for the dow wednesday at a succession winning streak for

you're watching the second hour of "varney". ♪. stuarttuesday all day. all right, scott, i will do it again, the democrats are going to shorten the time frame of a program so you cut the cost in half, thereby get it into the system so it is never taken away. is that just run-of-the-mill left-wing politics these days? >> it is farcical finance. you call it financial fraud. whatever it is it is only being done, stupider, they think we're stupid. they really do believe their ideas are so holier than thousand, so noble they don't care what they have to do in front of your face by the way. they used to do it at least behind closed doors. they're doing it in front of your face, they believe no matter what, your ideas are, no matter what your ideas are so high and so noble that they can follow you into the restroom, right? they can badger you on a plane where there is nowhere to go. because you know what? it is all part of the process. the hypocrisy is part of the process. the lying is part of the process. that is what we're facing right now. th

varney & co." begins right now. stu, take it away. stuart: i can't believe it, you're not even talking about liverpool with man city? [laughter] come on. maria: ah, come on, you're right. [laughter] stuart: good morning, everyone. look, it starts told, the grand effort by the president to salvage manager of his -- something of his domestic program. he'll make a statement at the white house at 11:15 is. tomorrow he goes across the country making the case for new entitlements, massive spending and, yes, massive tax increases. his party's in chaos after a failure to hold any vote, moderate house democrats feel cheated, the far left is triumphant, and the two democrats in the senate, they continue their resistance to the radicals' plans. the president has sided with the left, so starting in a couple of hours you're going to hear a lot more about the need for new entitlement ares and how it will cost zero dollars. it's really hard to know what wall street wants out of all of this. the dow was down over 1% last week, it's maybe down 8 points this

"varney and company" begins right now. stuart: good morning. this program covers money and politics. sometimes politics and money. today no question the news about money is spectacular and that is what we lead with. $1 trillion company worth more than general motors, bmw, honda, musk himself is worth $300 billion give or take 1 billion here and there. he's worth more than toyota. that kind of wealth makes a target of the billionaire tax. musk is not happy about that quoting margaret thatcher he tweeted socialists eventually run out of other people's money, they come for you and your money. musk next challenge is to produce enough cars to meet surging demand. that is tesla. facebook reported strong earnings in the face of fierce criticism on both sides of the aisle. mark zuckerberg came out swinging. on the call with analysts he started to fight back saying leaked documents paint a false picture of the company. the stock is higher this morning, 3:30 is the price on facebook. overall this market looks like it is in a melt up phase as many analyst

"varney and company" begins right now. stuart: it is an unseemly scramble to pull together a spending deal. they are coming up with some pretty wild schemes. the latest is the confiscation of wealth, they make us believe 700 people will pay for a big chunk of the trillions in spending. they want to 15% minimum tax on profits corporations report to shareholders, not what they report to the irs. all those legal right offs will be swept aside. both of these tax measures will face legal and constitutional challenges. the spending will not be paid for and they still don't have an agreement. this is no way to run the government. he trump for -- to get suburbanites to an employee -- avoid inflation, crime and others and go back to the old standby, just run against trump. this is a must win for democrats but republicans have the momentum. there's another bellwether election, this one in new jersey. closing the gap with governor murphy, taxes, that is the big issue. he will join us in 15 minutes. back to the markets. here is help two of t

the second hour of "varney" just getting started. ♪. stuartthis a must-win for democrats the virginia election? >> it's a must-win. they may indeed win. biden won the state by 10 points. this is definitely bluish state but the interesting thing is democrats will be freaks out no matter what. "new york times" call it unexpectedly close. you call it canary in the coal mine. this is polling interesting. emerson poll basically shows it a dead-heat. what is interesting, the suburbs, talk about suburban women, biden won 54% of suburban vote, 46% for trump. it is 49 in youngkin in virginia, 48 for mcauliffe. that is pretty stunning. stuart: 49-48 overall? >> yes. hispanics youngkin leads with 55% of the hispanic vote versus 45% for mcauliffe. and yes he has definitely a deficit in terms of women but it is not anything like what biden had. i mean biden's advantage. talking about pulling in the big guns, interestingly now biden is underwater 3 percentage points in terms of approval. 39% of voters in virginia say less likely to vote for mcauliffe if bid

"varney and company" starts right now. it is all yours. stuart: you gave me an extra three or four seconds. good morning, everyone. is that it? another dip has come and gone and the rally we saw yesterday and again today is driven by strong corporate profits and the gradual retreat of the delta virus. half an hour from now the market opens, the spectacular gains. the dow looked like it is in for another 200 point gain and getting big benefit from a strong earnings report from goldman sachs which is a dow stock. the dow is being helped by goldman. the s&p another one.7%, up again, one.8% and in for another modest gain this morning. we are spending, bitcoin is at 60,$000, 259-7. as it has been for much of the week. it had hit $82, as for gasoline, 330, painful memories of july of 2008 when gas reached an all-time high of $4.11 a gallon. yuma, arizona is a new spot for haitian migrants, to ignore the city's vaccine mandates, can't afford to fire officers because that is a place. who should get moderna's booster? mass confusion about that and j and j

"varney & company" is about to begin. ♪. stuartbreaking this morning former secretary of state colin powell has passed away from complications due to covid, good morning he was 84, do you know anything more. lauren: his family posted a statement and said colin powell former u.s. secretary of state and chairman of the joint chief of staff passed away this morning due to complications due to covid-19, he was fully vaccinated we want to take the medical staff of the medical center for their caring treatment, we lost a remarkable loving husband, father, grandfather and a great american he was the first black secretary of state appointed by george w. bush at one point in his career, his popularity so high, and without he would've made a presidential run but later he was criticized for pushing faulty intelligence before the united nations about the alleged existence of weapons of mass destruction in iraq. he was fully vaccinated but he had been diagnosed with multiple myeloma that is a type of blood cancer that hurts the body's ability t

second hour of "varney" coming up for you. ♪. stuart: scott shellady joined me now.sh bow tie. i rather like the red and fold last week. >> next time. stuart: pink shirt. we like it. the administration, i think they're facing a climate crisis. both in dealing with a lack of fossil fuels and the so-called crisis of the climate anyway. what say you? >> well, you're right, stuart, i said this on your show a couple weeks ago. they need to, this move to renewables needs to be an evolution, not a revolution, right? we can't force that upon everybody too quickly. we're forcing it upon ourselves at the expense of our own fossil fuel industry. we're throwing them under the bus. to have the rest of the world look at us to take care of them, almost like you're own an airplane, you hit turbulents if the masks come down, put yours on first so you can help others. we need to help ourselves first so we can help other, right? the problem is this isn't working in the short term and you will be shocked to hear we'll burn 10% more coal than we did last year. we're expected to burn anot

"varney and company" right now. stuartbut i will do that. energy price inflation and debt are very much in the news driving this market down. dow industrials down post to 300 points at "the opening bell". the s&p on the downside. 60% of stocks in the s&p are

"varney and company" starts now. stuartn by supply-chain trouble. amazon sees the problem continuing and both committed the unpardonable sin of missing wall street expectations. down they go big time. microsoft doing really well. it that it may soon

"varney and company" begins now. stuartn of the debt ceiling. kicking the crisis down the road which we will face in december. with the immediate crisis diverted, stocks are rallying, looking at green across the board, the dow a huge swing wednesday.

maria: great to see you, have a great day, "varney and company" begins now. stuartgood morning. one hour from now, how many jobs are available? it will be a hide number above 10 million, that shows labor shortages but does not answer the question why so many people, this labor shortage makes the supply chain problem much worse. max mandate, the governor of texas mandating in the state, prt

"varney and company" begins right now. stuartare coming up with some pretty wild schemes. the latest is the confiscation of wealth, they make us believe 700 people will pay for a big chunk of the trillions in spending. they want to 15% minimum tax o

"varney and company" begins right now. stuart: good morning.ney is spectacular and that is what we lead with. $1 trillion company worth more than general motors, bmw, honda, musk himself is worth $300 billion give or take 1 billion here and there.

"varney and company" is up next. stuart: i want to see the video.ood morning, everybody. here we go. you hear it all the time. wait till we get to earnings season and then we will see where the market is going. it is early, very early in the profit reporting season but it is going well. profits and the expectation of profit drives stock prices to look at this. futures show gain for the dow of 300 points which a couple big banks and investme

"varney and company" is about to begin. stuartmocratic party makes clarity a scarce commodity but we will try to make sense of it all. the president meeting with top democrats on capitol hill trying to bridge their differences. they do have a deal, it is

"varney and company" begins right now. take it away. stuart: good morning. will insist all city workers get vaccinated. no testing option. no jeb no pay. this applies to first responders like firefighters and police officers who at this time have low vaccination rates. that government workers. at southwest airlines a change of plan. unvaccinated

"varney and company" starts right now. it is all yours. stuartlly we saw yesterday and again today is driven by strong corporate profits and the gradual retreat of the delta virus. half an hour from now the market opens, the spectacular gains. the dow looked like it is in for another 200 point gain and getting big benefit from a

"varney and company" begins right now. take it away. stuartsocialist plans, support is evaporating was the latest poll shows biden is way underwater on his performance on the economy. 39% approve and that is down 11 points in just a few weeks. his big problem is inflation, voters biggest concern. 87% are extremely or very concerned about rising prices.

varney & co." begins right now. stu, take it away. stuartme on, you're right. [laughter] stuart: good morning, everyone. look, it starts told, the grand effort by the president to salvage manager of his -- something of his domestic program. he'll make a statement at the white house at 11:15 is. tomorrow he goes across the country making the case for new entitlements, massive spending and, yes, massive tax increases. his party's in

varney viewers @fox.com. neil, it is yours. neil: we're down applauding. thank you, stuart. here is what us going on the market today. we are focused on inflation, supply chain disruptions. maybe the administration focus on this. the key port, certainly the biggest los angeles port is getting attention. we'll move over to the other side of the country what is happening on the eastern coast because those same rules might not apply to this side of the country. we'll get into that. also getting into the notion here no matter what you think about inflation nary pressures very, very real. a lot of earnings reports we've been getting out of corporate america are saying so far not a real problem. so the only thing inflating now is stock prices and the major averages on the belief that good times will continue, not that these inflationary pressures will be short-lived. so far corporate america is signaling in the early wave of third quarter reports they will be able to get through this. always in the eyes of the beholder and whether we can actually make good on that. for now not that much of a worry. let's go to edward lawre