when will we have the roast of stuart varney? lauren: for your 75th birthday. got that in. there's never a roast of stuart varney as lon as i'm alive. susan: it's 365 days. lauren: that's the letter of endearment. stuart: from carol, if you're serious about giving up liverpool for lent, you miss add good match. liverpool beating man u7-nil. you ladies didn't see that. susan: i thought manchester city was your team because they're winners and only choose winners. >> i did liverpool and man city is winning. from bill, i turned 65 this weekend and working just as you are. what you do every day is very inspiring to me very kind of you, bill. thank you indeed. we're all on the show so let's take credit. the viewers like you. lauren: they like you. stuart: not true. here we go, thank you for the feedback. friday trivia and what state has the most rogue power? don't google it, susan. what state has the most road bridges, new york, florida, california, texas? the answer after this. ♪ stuart: this is a good but unknowable question. lauren lauren you said you knew the ans

trying to make people at fox -- >> i'm trying to embarrass stuart varney. e all the time what it's like working at fox, and the first thing i say say is it's a cream job because of the people i work with. -- dream job. but i get to see a side that not everyone gets to see, so i wanted to shed a light outside of work. stuart stuart you know i was about 15 pounds heavier when we did that interview -- >> no, you were not. stuart: yes, i was. >> i don't believe you. stuart: ride to work with abby hornacek available now on fox nation. >> yep, there you go. you can watch it right now. and stuart varney is number one, so after this show, go watch it. lauren: did he plot the route for you? >> i don't think so. we did drop you off at your favorite breakfast spot. >> yes, that's right. >> so that the he did lead me to. [laughter] stuart: all right, everybody, that's it. watch drive to work with stuart varney, abby hornacek, dropping now on fox nation. >> thank you, stu. stuart: still ea ahead, well, the market, of course, the dow is up 68 points, the nasdaq's down 55.

. >> brian: stuart varney promises to stroll on our set as scripted and submitted to me for the rundownd. there he is. he is going to make it all -- he is going to make sense with all of it. ♪ lowe's knows the first step to motivation... ...is inspiration. so, we've got new everything. new flooring, new paint, new patio sets, new pillows. i can keep going if you want me to. you got this. and we got you. joint pain used to keep me out of these moments. but not anymore. blue-emu put me back in the game. it's the powerful relief my joints need. blue-emu, it works fast and you won't stink. research shows people remember ads with a catchy song. so to help you remember that liberty mutual customizes your home insurance, here's a little number you'll never forget. did you know that liberty mutual custo— ♪ liberty mutual. ♪ ♪ only pay for what you need. ♪ ♪ only pay for what you need. ♪ ♪ custom home insurance created for you all. ♪ ♪ now the song is done ♪ ♪ back to living in your wall. ♪ they're just gonna live in there? ♪ yes. ♪ only pay for what you need. ♪ liberty. liberty. liberty. libert

hojoining us now stuart varney.the daughter of an immigrant, first generation as well. my parents were absolutely certain that my life was going to be better than theirs. and, yet, we are seeing so many -- 80% of americans saying i don't think my kids are going to do as well as i did. >> the president kicks off three week invest in america tour. looks like the prelude to him announcing is he running again in 2024. tough is job. going with him 20 states. taking with him kamala harris, first lady jill biden a bunch of cabinet members. trying to convince america is he on the right track economically. that's a tough road to hoe. obviously inflation is outpacing wage gains. still going to a lingering banking crisis. the threat of higher taxes still to come just as the economy slows down. he has a tough job convincing americans we are on the right track economically. i agree with you, we are not getting better off. we cannot say to our children the future is brighter. it's not brighter in biden's america. now, that's that

stuart varney's take this morning on a potential largest scale future bailout.y worldwide. big european banks, they're under pressure. their stock prices are going down. regional banks in america, some of them, their stock prices going down just like it did last week. some of the big banks in america, they're stable. if we get into a situation where a really big bailout is required like in 2008? they'll bail. >> martha: bail. let's bring in stephen moore, former trump economic adviser. what do you think about these two takes, steve? where do you fall? >> it's not a big surprise, martha, that i agree with the great charles payne and stuart varney. when i learned to charles, maybe instead of calling it silicon valley, we should call it subsidy valley. there's no question that a lot of this money is going to subsidize the millionaires and billionaires in silicon valley. we had a good day in the stock market today. maybe calm solve nerves. the big question is the fed. what will they do? to hike or not to hike? that's the question. if they do raise interest rates, th

stuart: varney viewers.com. we take it all. >> even the bad stuff. t so much hate. >> i love getting personal questions about you. i can't answer that. i have the answer. but i'm going to lie. >> i'm's up for "varney & company." time's up. you got that? "coast to coast" starts no

i got the advice from stuart varney. obviously i have been blessed with opportunity to be here.ave student loans. i put it all in an account to figure out what is going to happen first. i don't think it's fair to anyone. i mean, obviously, can i pay for the loans, but if this happens, i'm not going to miss out on the opportunity as well. >> ainsley: you are going to take that money. >> lawrence: i think this shows you the type of example of who it helps versus the people that went to trade school, the people -- they weren't just going to go to college and start a business. >> brian: you go to stuart varney and i go to charles payne. see who ends up with more money. everyone pick their favorite business guy. why don't you introduce, you are a guest. >> lawrence: this was lawrence's guest. lawrence interviewed a woman named brenna bird the iowa attorney general. why she is fighting biden's student loan handout in the supreme court. listen to this. >> the people who are on the hook to pay for this are also those who didn't go to college who went straight into the workforce or milit

varney and company host american built host stuart varney. stuart: along time ago. >> rachel: good times. >> brian: warned in 2019, warned by the san francisco fed where the ceo. >> stuart: that's not what you want right now. this is monday morning waking up thinking is this bank in crisis. >> steve: do they have my money. >> stuart: is my money safe? we don't want to get technical. >> brian: why am i bailing out somebody that can't bank. >> stuart: the story has moved on don't you understand? >> let me simplify it four. >> the banking crisis is not over. there is a crisis of anxiety worldwide. here is what we have got this modern, big european banks they are under pressure. their stock price is going down. regional banks in america, some of them, their stock price is going down. just like it did last week. some of the big banks in america, they are pretty much stable. that's where we are now. >> where are we going? if we get into a situation where a really big bailout is required, like back in 2008, what are we going to do? are we going to b

stuart: and if nominated, he will not win, said stuart varney on march the 2nd -- >> depends who he runsott criticized pieden for being soft on china -- president biden. >> all that biden does is pacify china. i mean, i don't know why he does this. i don't know if he's compromised, i don't know what it is, but this is a guy that won't stand up to dick today tores -- dictators around the world. stuart: that's interesting. senator scott will be here moments from now. >>> and hen there's this, the environmental protection agency considering tougher regulations on livestock farms all because of pressure from the greens, of course. jeff flock has the report from a hog farm. he's next. ♪ inner voice (kombucha brewer): if i just stare at these payroll forms... my business' payroll taxes will calculate themselves. right? uhh...nope. intuit quickbooks helps you manage your payroll taxes, cheers! with 100% accurate tax calculations guaranteed. your record label is taking off. but so is your sound engineer. you need to hire. i need indeed. indeed you do. indeed instant match instantly delivers qual

i want to point out they can say stuart varney went into that gun shop and spent $200. on't know what you bought come you could have bought a rifle, hunting gear, just tracking the purchases made by you. stuart: why tracking gun store purchases? >> to know who to look at in a potential situation. stuart: they are very much in line with the anti-gun lobby. >> that hawaii it is called by some a slippery slope. stuart: back to the markets. where are we now? still in the green but not by much. up 32, nasdaq a beatty. what do you have for us today? give me a stock that you want to purchase, a trend you are in favor of. what have you got? >> the stock i want to purchase, i'm into artificial intelligence, cybersecurity and aerospace and defense beyond lockheed martin, northrop grumman, the three names i'm starting to look at, buying them on weakness because the global geopolitical situation will get worse at those are names i want to be in. stuart: you mentioned artificial intelligence. >> right. it is going to be -- stuart: give me an ai stock. >> ai, the stock, ai. the stock

stuart varney, good or bad, we've got a jobs report coming out tomorrow. stuart: okay, we got it. good morning, everyone. this afternoon the president releases his budget. we already know what's in it; tax the rich, tax big corporations, a tax on wealth, an oil profits tax, price controls on drugs, limits on retirement benefits, on 401(k)s, attacks on crypto transactions. you got all that? this is a political document. this is biden's re-election program. we don't know how much of it gets through congress. that's a rather grim backdrop, isn't it, for the markets especially given that jay powell says he's going to the raise interest rates higher and longer. the dow will open with maybe a 60-point gain and the nasdaq up maybe 28. how we close, nod idea. the 10-year treasury, the yield right now shy of 4%, that may encourage the nasdaq the a little. and the 2-year was yielding 5% earlier, now it's back to 4.99. not much of a change. by the way, 30-year fixed rate mortgages above 7% because of the recent rise in treasury rates. >>> politics, two debates going on, and we will engage on

you want to learn about stuart varney and his unbelievable set here? always loved it. ngeles, if you have a $5 million home you home you want to sell, hurry up, on april 1st the mansion tax will be proposed. california bashing the rich. a lot of rich people there. ♪ ♪ like sam who make...? ...everyday products... ...designed smarter. like a smart coffee grinder - that orders fresh beans for you. oh, genius! for more breakthroughs like that... ...i need a breakthrough card... like ours! with 2.5% cash back on purchases of $5,000 or more... ..imit. all under one roof, right nearby. so we can bring more life to your smile... and more smile to your life... affordably. new patients without insurance can get a free complete exam and x-rays, and 20 percent off treatment plans. schedule your appointment today. say goodbye to daily insulin injections with omnipod 5... a tubeless system that automatically adjusts insulin to help protect against highs and lows. try it today. go to omnipod.com for risk information and instructions for use. consult your doctor before starting on omn

the former president of the united states and why isn't joe biden in equal amount of trouble, stuart varney friends." i ask you during the show at some point, gradually get dressed. my ameriprise ad visor has helped me navigate uncertain times before, now is no different. with his advice, i'm confident i'm on track. the plan we created is for the long term. no wonder clients rate us 4.9 out of 5 in overall satisfaction. ameriprise financial. . . # . patti ann browne. . >> >> todd: a manhunt underway after an uber driver was shot and killed in a car jacking in los angeles. the victim was amarine corps veteran served three tours in iraq and afghanistan. he picked up two passengers and stopped at a 7-eleven in the city of lin wood when an altercation broke out and one passenger shot him in the chest. the store clerk witnessed the shooting and called police who found his body in the parking lot. one passenger stole his honda accord the other took off running, the 38 father of two leaves this still think dad is going do come to the door he is going to come home soon: secretary of state an antony

i don't know if you'll actually see a robot stuart varney or something. of how we're incorporating a.i. into everything we do. stuart: see how good it is. does it do a good commentary on golf. lauren: they trained it. stuart: sew me concern show me tesla. lauren: 50,000 model, ands, two complaints about the front seat belt failing. stuart: we're look to the cruise lines. carnival concern the. lauren: look at them go up. now the analysts are coming out, steeple says that soft guidance was conservative, they're lowballing it on purpose and wells fargo upgraded them. stuart: there's a turn-around for you. thank you very much. president biden travels to north carolina today. yes, he is touting his green agenda. edward lawrence at the white house. what can we expect from the president today, edward? >> reporter: yeah, we can expect a lot of conversations, some questionable comments. you know, the president leaves the white house here in about an hour. he's going to go to north carolina. he will -- it's the first stop of many on this tour that he's on to push al

stuart: varney want a cracker? [laughter] susan: very good rendition. 't eaten. stuart: what was your biggest investment mistake you've made, and what have you learned from it? okay. people boston market, lost my shirt, don't invest in airlines or fast food. susan. susan: pep e city, that was the stock -- the first stock i ever bought. stuart: will you answer this questionsome the. lauren: it was a shoe that rolled up, and i thought that would be a great idea. i made my father buy the stock as well. you wouldn't have hard of it. i have to figure out what it was. we all lost money. i was very young. i might have been 21? stuart: okay. leave it at that. thanks, everyone. [laughter] for sending in your feedback. lauren: i apologized for a making him lose money. stuart: the friday trivia question is this, when did the white house shamrock ceremony begin? the answer after this. ♪ ♪ this small thing, is the next big thing in dia this s woah.hing, it shows your glucose, and predicts where it's headed, just like that. it's not magic, it just feels that way. i wa

stuart varney talks football. aaron rodgers making the play to play in the big apple. tch this. >> since friday i made clear my intention was to play for the new york jets. stuart: something seems to be holding him back from joining the new york jets. dave portnoy will join us. now is the time to purchase big bank stocks. roll tape. >> you should be greedy when others are fearful and fearful when others are greedy, now people are fearful, time to be greedy. stuart: we will follow up on that next. ♪ ♪ (vo) the fully electric audi e-tron family is here. with models that fit any lifestyle. and innovative ways to make your e-tron your own. through elegant design and progressive technology. all the exhilaration, none of the compromise. the audi e-tron family. progress that moves you. we got the house! you did! pods handles the driving. pack at your pace. store your things until you're ready. then we deliver to your new home - across town or across the country. pods, your personal moving and storage team. i got into debt in college, and no matter how much i paid, it followed

control and senator john kennedy will be here and benjamin hall on that great special last night and stuart varney happening with the bank. rooney and jillian michaels. put on something tight and respectable and get ready for a good week and most importantly, get dressed. . . this man needs updated covid protection. so does she. yup, these guys too. because covid is still out there, and so are you. and if your last vaccine was before september 2022, you're out there with fading protection. but an updated vaccine restores your protection. so you can keep doing you. get an updated covid vaccine and stay out there, safely. >> ashley: xi jinping arriving in moscow where he will be meeting with vladimir putin opinion within the hour. as china comes to write a new world order. >> there is no what he did china and russia and this is out in the national security strategy two countries chafing against in international rules based order that the united states and so many allies and partners built up. rewrite the rules of the game globally. they have been increasing their cooperation and relationship. >> ada

stuart varney, good or bad, we've got a jobs report coming out tomorrow. stuart: okay, we got it. the president releases his budget. we already know what's in it; tax the rich, tax big corporations, a tax on wealth, an oil profits tax, price co

stuart varney in the elevator, how are you covering it?1, no one knew what it was, how it would change our lives. same thing with a.i. other concerns, absolutely. i think this could change the way our economy works, how we interact with one another, what jobs we have. >> sandra: now you have my attention. >> now tv hosts, like a.i., so how the government rolls this out and impacts our lives and the surveillance state is part of it. huge implications and congress has to think through that, on what rules they want around a.i. >> if we call for a moratorium we are not competitive. >> deeply bothered by the fear that has come in the way this is discussed. broadly speaking, artificial intelligence is technology that allows computers to make intelligent decisions and recommendations far greater than we have been able to achieve before but it's giving guidance that humans can choose to use or ignore. bing, the new version of microsoft search engine, you can use it, it is a.i.-driven and you can use it to get a flavor of -- uses the new -- the new

stuart: varney viewers.com. we take it all. >> even the bad stuff. stuart: don't ask personal questions. we take criticism. not so much hate. >> i love getting personal questions about you. i can't answer that. i have the answer. but i'm going to lie. >> i'm's up for "varney & company." time's up. you got that? "coast to coast" starts now. ♪. ♪. ♪. neil: sorry, kids, don't look now, but the party is over. we're not saying the dance floor is closed. you better hurry if you want to squeeze in one last twirl. cannonball, any of the other hugely popular tiktok dances all the rage with gen-z, millenial users the world over. on this side of the world maybe just over. sure is looking that way. because the days could beticking down for tiktok. its ceo finding out the hard way, desperately trying to dance around questions before a very angry congressional panel convinced tiktok's china owner is spying on users. let's say they choose charm offensive is not hitting the right tune. he could be there for hours trying to hit that right tune. ain't working. let's al

. >> brian: joining us to break it all down, american build, stuart varney.. >> it is stronger. it is typical of a strong jobs market. if you think we will go into recession, the strong jobs number will talk you out of it. it does not look like we are heading to a recession. when you have 300,000 new jobs created in one month. don't be fooled. we had 500,000 created in december. count to 300,000 in january, but that is still a strong market. this is really all about interest rates because the strong jobs report, i would have thought would make the federal reserve raise rates to get rid of inflation because it is a strong economy. but the immediate reaction to these numbers was actually rates went down. i'm surprised by that. not the end of trading right now. >> ainsley: i know we saw technology jobs being lost. >> this is a good point because you see all of these technology layoffs. how come we have a straw to make strong jobs reports? looking beneath that the employment rate went up for 3.4% to 3.6% and that account to tech loss. bars, that kind of thing. >>

i had stuart varney on earlier.talked about this invest in america tour that joe biden i mean that joe biden is on. and also the fact that there are some polls that show that 80% of americans believe the american dream is basically dead. they don't believe that their children are going to do better than they did. and here's what he said about this tour and how uncon cunconvincingand hard it might e president is experiencing. >> kick off three week invest in america tour. looks like the prelude to announcing is he run rerunning again in election in 2024. trying to convince america that he is on the right track. that's a tough road to hoe. not better off. we still have a lingering banking crisis. we have the threat of higher taxes still to come just as the economy slows down. he's got a tough job convincing americans we are on the right track economically. i agree with you. we are not getting better off. we cannot say to our children the future is brighter. it's not brighter in biden's america. >> brian: only 15% of t

stuart varney we have inflation cooling a little bit a little bit of step up, on this news, certainlyhere is a lot of news to get to including, the indictment of the former president of the united states stuart: if insist. good morning, cheryl, and good morning, everyone. look, this is a sad day for america. the trump haters have shown their colors. trump indictedded by new york radical da alvin bragg. republicans are united in calling this a political indictment. trump's base

that was the utah governor talking with stuart varney. again, pushing a ban on tiktok.ember, a lot of governors as with the case of pierre trudeau in canada, speaking for canadian government, they talk about taking tiktok off government devices. it is quite another matter to get them off private devices, average americans walking around, mostly young people who love tiktok. where is this going? grady trimble has more from capitol hill. >> reporter: i do think the hearing with the tiktok ceo moved a lot of lawmakers toward the direction of an outright ban of the app but not everyone supports that particularly congresswoman alexandria ocasio-cortez coming out against a ban. >> do i believe tiktok should be banned? no. why should tiktok not be banned? first of all i think it is important to discuss how unprecedented of a move this would be. the united states has never before banned a social media company from existence, from rating in our borders. >> reporter: that's part of the progressive lawmakers first-of tiktok video which she posted over the weekend after that fiery

don't move stuart varney is going to break down the february's job report which is coming out at 8:30kfast with bulls. will is in the lone star state gearing up for the american rodeo coming up next. ♪ what are you waiting for ♪ say goodbye to my heart tonight [mooing] experience the capability of the complete line of suvs at the invitation to lexus sales event. [sneezing] theo's nose was cause for alarm, so dad brought puffs plus lotion to save it from harm. puffs has 50% more lotion... ...and brings soothing relief. don't let your nose get burned. a nose in need deserves puffs indeed. america's #1 lotion tissue. i'm sholeh and i lost 75 pounds with golo. i went from a size 20 to a size 6. before golo, nothing seemed to work. i was exercising for over an hour every day. it was really discouraging. but golo's so easy, the weight just falls off. i know there's conflicting information about dupuytren's contracture. i thought i couldn't get treatment yet? well, people may think that their contracture has to be severe to be treated, but it doesn't. if you can't lay your hand flat on the t

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time is up for me, stuart varney. that's it for varney and company. lauren: happy weekend. stuart: "coast to coast" starts now. ♪ neil: all right. some shaky news we are getting right now on silicon valley bank, of course, it never opened for trading today. we're told that the regulators have shut it down while it entertains some potential takeover offers. it was going to sell some capital to make itself whole, even apply for selling more stock. that does not appear in the making. the latest is while the fdic is going to be there to back up asset holders, for nows the shut down by regulators. this stock had already opened down about 60 some odd percent today the on top of a 40% hit yesterday. so it barely had a chance to get off the ground. but, again, whoever does get this if it is sold is going to get it at a bargain basement price. the question is, who will scoop in and buy it, because there were a lot of banks that were affected by it. if you think of how it affected the banking sector yesterday that cumulatively are lost more than $52 billion in market value, it's a lit

stuart varney we have inflation cooling a little bit a little bit of step up, on this news, certainly there is a lot of news to get to including, the indictment of the former president of the united states stuart: if insist. good morning, cheryl, and good morning, everyone. look, this is a sad day for america. the trump haters have shown their colors. trump indictedded by new york radical da alvin bragg. republicans are united in calling this a political indictment. trump's base is livid. all new york police officers have been ordered to work today on the streets in uniform. democrats are enjoying the show. the rest of the party is salivating about a trial which could take place in the middle of the presidential election campaign. developments coming thick and fast. governor desantis will not assist in any move to extradite trump from florida. the former president is likely to be arraigned in new york, next tuesday. we're told, he will not be handcuffed. trump himself calls it, " political persecution and election interference." senate leader schumer and former speaker pelosi both ins

. >> ainsley: that's what stuart varney was saying too. when this is not a bailout. not using taxpayer dollars. this is money the banks have put into a fund. it's like an emergency fund. when this kind of thing happens, they just dip into that account and they are able to cover the expenses. it's $100 billion. so, once that money runs out. then they have to go to the feds to help bail them out. >> brian: they hope they get another bank to buy them. >> lawrence: it's going to be incumbent on the president to explain this whole deal. explain why there was so much money in the market that these businesses, these banks decided to make this decision and it really started to bite them in the tail. also, i want to know when it comes to svb why did they give themselves raises? the people responsible for this i get why they are not calling bailout. the money is coming from somewhere as stuart laid out. he also talked about the political ramifications of this, watch. >> where's the money coming from? it's coming from the banks themselves. they have $100 billion fund paid into

stuart: watch out, "varney" is talking football. the nfl, don't cringe, lauren. thursday night football. todd: what are they making? stuart: changes. whose not happy? lauren: this is football, not soccer. stuart: okay. lauren: got it. okay. the players aren't happy including patrick mahomes. pull up his tweet. when the leagues agreed to two thursday night games per- season, he tweeted that emoji. the nfl commissioner roger goode ll says data shows that player injuries do not spike when they play a thursday night game, so, play two. critics say well, hey, nfl, you're sacrificing safety for amazon, which streams the thursday night games. stuart: is that why they want two thursday night games per- team, per-season? for amazon? lauren: maybe for viewership. stuart: you're nodding your head todd: the numbers haven't been good. football has been horrible. three reasons i don't like this. one going back with what patrick mahomes says players are getting stronger and faster and injuries are bound to happen. two, what if you're a family and buy tickets for a sunday 1:00 p.

stuart: you're doing quite well for first appearance on "varney & co.," okay. not bad at all. >> thank you, lauren. okay. stuart: i'm in a bad mood today, what can i say? >> not anymore. stuart: no, i'm smiling. lauren, you've got movers for us. oh, meta, it's way up this morning. what do you have? lauren: mark subb zuckerberg sae company is lowering the price of the quest proto-about $1,000 and then another quest 2 about $430. no, but the story we did in the past hour; right, you need the quest to play horizon worlds. they wanted to open that market up by letting 13, 14, 15, 16 year-olds on it. the democratic senators are saying no, no, no, you've got to be 17, lower the price and juie the market. stuart: i don't see the point of wearing goggles. lauren: i'll get you a pair for your birthday. >> no, you won't. okay, you can. i'll give to the grand kids. lauren: cost costco missed on e revenue and are they going to increase price of membership? they last did that in 2017. $60 for your one year membership and talk they could increase again. we've been talking abo

stuart: good stuff. more varneyisher investments we're clearly different. (other money manager) different how? you sell high commission investment products, right? (fisher investments) nope. fisher avoids them. (other money manager) well, you must earn commissions on trades. (fisher investments) never at fisher. (other money manager) ok, then you probably sneak in some hidden and layered fees. (fisher investments) no. we structure our fees so we do better when our clients do better. that might be why most of our clients come from other money managers. at fisher investments, we're clearly different. the new chase ink business premier card is made for people like sam who make...? ...everyday products... ...designed smarter. like a smart coffee grinder - that orders fresh beans for you. oh, genius! for more breakthroughs like that... ...i need a breakthrough card... like ours! with 2.5% cash back on purchases of $5,000 or more... plus unlimited 2% cash back on all other purchases! and with greater spending potential, s

mark lee, "varney" & company begins now stu take it away. stuart: good morning, maria, good morning, everyone. okay the fed has raised rates a quarter point. the market did sell-off. treasury secretary says she's not planning government insurance for all deposits. okay so now what? well try this. the regional banks are all up this morning. this is where the bank scare started. apparently, the rate hike has not upset the banks too much. stocks did sell-off big time. she modest bounce today the dow is off over 500 points yesterday backup a mere 42 this morning but its been all over the place. the s&p a small gain. the nasdaq though solid gain there as big tech is stabilizing as for interest rates, i don't see much change. the 10-year is right at 3.5% up slightly. the two-year right at, a moment go at 4% now it's at 3.96. not that much change this morning. here is what i got wrong. i thought gas prices would fall sharply when oil tumbled below $ 70 a barrel earlier in the week unfortunately, the price of regular gasoline still averages 3.43. no change

stuart: what's my team? the astros, they keep winning. "varney & company" is about to begin. [laughter] ♪ ♪ stuart: all right. fox news alert, let's get right to it, russia has detained a reporter from the "wall street journal." his name is evan and he's being i -- accused of espionage. what many do we have on this? lauren: he will be dedetained until may 029th, information constituting a state secret about the activities of one of the enterprises of the russian military industrial complex. if you read his last article in the "wall street journal" on tuesday, service the blistering. russia's economy is starting to come undone. he said the western sanctions are killing the russian economy and with that putin's ability to improve the quality of life for the people living in russia. if he is convicted, that's 20 years many if jail. and just to put this in the broad scheme of things, this is the first journalist with an american outlet to be arrested on espionage charges in russia since the cold war. stuart: looks like retaliation from that article, but let's not go any further th

stuart: good. justin, keep it going, please, because it look like a very good thing. thank you very much, justin. out offing time the, unfortunately, but i there will be more "ny" after this. varneya question how much did model t ford cost in 1908. you first, ash. >> all right, let's look at those choices. number two, 520 bucks. >> so will i because 100 bucks seals so cheap in 1908. the answer is, $850. that would be worth of the equivalent of about 28,000 bucks today now you know. send in "friday feedback" varney viewers.com. my time is absolutely up but nooast to coast" starts, right

third hour of "varney" starts now. ♪ ♪ stuart: jimmy failla joins us this morning.we go to his commentary, which is going the to be the very good, i might add, i want everyone to watch second gentleman doug 'em of defending his wife from this hate-filled environment. roll tape. >> and that one woman who was saved in the holocaust in germany settled in ukraine and is now a refugee again back in berlin. hate is interconnected. you see it in the discourse in the country right now, you see it in the divide that we have. and just going to a school meeting, you see that the hate that is out there. we've got to step up and speak out, and we've got to call out the cowards out there. stuart: jimmy failla, sounds like he's calling parents hate-filled cowards. >> i'm pretty sure kamal and doug met on a dating app called okay stupid. stuart: careful, careful. >> no mart person compares any event in this country to the holocaust because they're the supposed to have the good sense to know they're denigrating the real suffering in the holocaust, and there's no comparison to the am

third hour of varney starts right now. stuart: steve forbes with me this monday morning.he exodus is speeding up. where does this leave blue state governors? >> in the dust but the reason why they're not changing their minds, they know better is they all think they're going to run for president in 2024. a year from now, gavin newsom, you see that. governor of illinois, see that. even the governor of michigan thinks she might be a vice presidential candidate and far left is dictating policies in those states and eventually their politics will change seeing the rest of the country going in the opposite direction, especially if the republicans win in 2024 and the blue states will realize no more federal bailouts and they'll have to face rate. california is already beginning, $25 billion budget deficit after $100 billion surplus cash after all the handouts from washington. stuart: they're not going to reverse the exodus. they're raising taxes. >> not reverse but internal politics will force a change. stuart: how do you run for president if your state, people are leaving your

"varney and company" takes it over now. stuart: status reports on inflation, the banking crisis and what is happening to your money. inflation running strong, the numbers for february show consumer prices went up 6% in the last year. just like down tech from the rate in january. the dilemma for the federal reserve, keep moving rates higher to beat inflation or ease off on rate hikes because of the banking crisis? it is a dilemma, the fed meets next week, let's look at the banking crisis. look at regional banks, making gay comeback. i say some of them are up, need some more. after yesterday, massive declines, today a modest bounce back. does that mean the crisis is winding down? 3 points to make on the crisis. number one to how come a senior executive at sp be set on the board of the san francisco fred -- fed which regulate that bank? second, how come senior executives cash their stock holdings when the banks crashed. 3, how come the author of that regulation, barney frank, sits on the board of the now closed signature bank. how ar

second hour of "varney" just getting started. ♪. stuart: let's get back to the waco rally. went after ron desantis at the rally. watch this. >> so he came and he really wanted. you can't win, can you? how do you can win. sir, if you endorse me i will win, plea, sir, please endorse me. so what happened. let's give it a shot, ron. and i endorsed him and he became like a rocket ship. remember one thing, florida has been tremendously successful for many years, long before this guy became governor. stuart: you notice how quiet the crowd was when he was bashing desantis? they were fired up for everything else but not for bashing desantis. charlie hurt, seems like trump's people like trump's policy, not so much the style. he may win the primaries but not the general, what do you say about this. >> i'm not sure that, these people were at the rally don't like his style. i think they do like his style. the problem what they don't like, they don't particularly like the attacks on ron desantis, because they, while they prefer donald trump, including his unusual style they view ron desa

stuart: good miles an hour, everyone, and welcome to "varney & company". here we go. make no mistake, this is a tax the rich e presidency. we're hearing details from the budget. you make more than $400,000 a year, and you will pay a 5% medicare tax on capital gains and investment income. there's a billionaire's tax too along with a higher corporate tax. this is tax and spend joe biden. confrontation with china on several fronts. leader xi jinping takes aim at america and says we have a campaign of encirclement and suppression against beijing. speaker mccarthy backses off. he'll meet taiwan's leader in america, not taiwan. and today a measure in congress to ban china's tiktok and other foreign technology that is a danger to our circuit court. to our security. also today it's day one of jay powell's testimony. he's likely to keep raising rates, but the army of fed watchers has no clue how high he raises them or for how long. he speaks in one hour. now, in advance of that, not that much change for stock prices, as you might imagine. the dow is down all of 5 points, s&p u

stuary varney, you'll see your bios show up and it'll pop-up right there, who is stuary varney in a , you know -- stuart a couple thousand people doing that right now and i'm not going to be sure about the results. you know? okay. your times up there, fella. wrong direction right there, son no seriously, ray, thank you very much indeed. >> thanks a lot. take care. stuart: can't imagine what's happening now. lauren: [laughter] stuart: what is bill gates think of chatgpt? lauren: he loves it. loves it. he couldn't be more excited about it and he says ai is revolutionary as revolutionary as the mobile phone and the internet. this is coming from bill gates. he wrote a great piece which i also recommend reading. he predicts that entire industr ies will reorient around ai. businesses will distinguish themselves by how well they use it, so this is how it went down with bill gates. he had been speaking for years with the open ai team behind chatgpt and they came to him last year and he was very impressed with what they showed him so he said okay, go train it to pass the ap biology exam, because that test requir

hand it over to "varney & company", we'll see you again tomorrow. stuart: good morning, maria and everybody. we are in a banking crisis. it is not over. president biden is about to address the nation. he's expected to say the banks at the center of the crisis will be are held accountable. he will try to instill confidence in the banking system. we'll bring you the headlines as they happen. here's what happened over a very intense weekend. the authorities have back topped depositors at the silicon valley bank and at the signature bank in new york. the money will come from the banks' own insurance fund and the federal reserve. since taxpayer money is not yet being used, it is a rescue not a bailout. call it what you will, however. premarket regional banks are under real pressure. first republic, western alliance and, let's see, the other one id we've got new york community bank corp., etc., etc., etc. they are under significant pressure. they are said to share same problems that brought down svb; that is, they're losing bigtime on their bond holdings. overal

third hour of varney starts right now. stuart: all right, still on education. listen to what a democrat lawmaker says about parents getting involved in their children's education. roll it. >> i see access as a problem and parents being able to direct their child's education and a lot of parents did not finish high school. i am extremely concerned that we would put money in the hands of parents who are not qualified to make those decisions stuart: that was appalling. take it on, please. parents not qualified to have a say in their children's education. >> well, appalling of course but completely revealing. this is the instinct of so-called expert whether it's superintendents, principals, teachers and union leaders and we know better than you, mom and dad. we have a certification from a left wing college and tells us what the latest else fad is that raises the self-esteem of your kid and won't teach them history or civics or how to read through using pho phonics and we've dismissed all the stuff that works and that's why your my take was so spot on. these are mon

the third hour of varney starts right now. stuart: i'm dying to know the reaction to goal snuggling. charles payne is with me. have you snuggled a goat? charles: i haven't but i have a new item on my bucket list. stuart: extremist, tiny minority of extremists get something ban. it's crazy. >> it really is and before people would say, hey, we have to stop experimenting on monkeys; right? ironically this year, one of the biggest companies, charles river labs, they ran out and it was a big problem all though there's been benefits to human kind. i always wondered, stuart. what do think think happens with the horses that take people around central parks and goats and anything else if we don't use them a certain way? think they'll live -- there's a reason like, you know, those horses would be -- i hate to say it but going to the glue fac factory. stuart: feral horses out there, they're in terrible condition. charles: it's nuts but sounds like a fun, great thing to do. who would be against that? it's really mind boggling. stuart: trying to

i'm just getting started and third hour of varney starts right now. stuartbrian brenberg with me now. why aren't more universities standed up for free speech? >> administrators are afraid of those students and they -- in fact, you didn't show this in the video. you've got to watch this part of the video. that associate dean gets applause from the students when she's done. that's what she wants. she wants the applause of these students instead of educating them and helping them become the legal professional sup they're supposed to become. that's the problem here. stuart: the university apologized to the judge but took absolutely no action against the dean. none. >> if you don't fire her, it means you're not serious. i don't say that lightly. it's a job on the line, but the fact is if those are the folks setting the tone for these schools, nothing will change, stuart. it means our legal system is in jeopardy and if you don't have people debating and listening to the side, you can't have juice tis in the country. stuart: ain't college either. get serious about

third hour of varney starts right now. stuart: well, martha maccallum joins us now. >> yeah, okay, go ahead. stuart: is martha ready to go after ai? are we ready for this? >> it's fascinating; right? it's a very brave new world. little scary like most things i heard about first from my kids in h their early 20s. i put this into chatgpt and came up i need to write a letter about a work thing and here's what it does. it's far from perfect, okay. it's not human, we still have the better brain. we still are more creative and we know that it took law school exams and basically got a c so human brains were superior to it and we've seen it try to have human conversations that sort of deal with relationships and it sort of starts to -- i remember that show lost in space and the computer -- the robot would start spinning and smoke. when it tried to have a human relationship discussion it was spinning and smoking like i don't understand how to deal with this. here's one more thing, the alpha baatized one and told it to start each line of t

"varney & company" begins now. stu, take it away. stuart: good morning, everyone. it is march the 1st, and there is a lot going on. first off, lori lightfoot has resoundingly lost her bid for a second is term as mayor of chicago. she came in third. the top candidate is backed by the police union, he wants to hire a lot of cops and, better yet, he supports school choice. that election could have repercussions for other troubled cities. another government agency says the wuhan lab are was the likely source of covid-19. fbi chief christopher wray told fox's bret baier the chinese government has been doing its best to cover it up. separately, a house panel last night labeled china a major threat. the committee's chair says america is in an existential struggle with china. to the markets, a lackluster day for stocks so far. the dow might be down about 80, nasdaq down maybe 30 points. little change for interest rates. we have the 10-year coming in, let me read it, it's at 3.95. again, pretty close to 4%. the 2-year getting closer to 5% at 4.83. as for the 6-month, 5.14.

"varney & company" begins now. stu, take the it away. stuart: yes, it does. good morning, everyone. new day, same question. is the banking crisis winding down? if you look at stock prices, maybe there is some relief. regional banks in recovery mode. western alliance, pac west moving higher. helped, probably, by news that top banker jamie dimon is leading talks to further shore up first republic. stocks across the board are moving up. the treasury is studying plans to expand the coverage on your bank account if the crazies gets worse. -- crisis gets worse. dow would be up 300 points at the open, 34 up for the s&p and 75 for the nasdaq. that's green on the screen, it's a rally. the flight to safety, that is winding down. less money flowing into the treasuries. the 10-year yield's, what, about 3.58% this morning. yield's going straight up there. not a great sign for big tech the. a few days ago that yield was well over 4%. as for the 2-year, it's right now moving up significantly, i tell you, the flight to safety is gone. you're now at 4.15%. it was over 5% a few days ago. here's your

monday, march 27, 2023, "varney" & company is about to begin. ♪ ♪ stuart: take over control okay because about to take over control. okay there's the connection. monday morning would you look at that? it's 9:00 in midtown manhattan. i'm not going to say it's empty but it's not very crowded is it? we work tuesdays, wednesdays, and thursdays in new york. let's get to it. first citizens bank buying silicon valley bank, good mornren. tell me, take me through it. lauren: so as you noted the 17 silicon valley branches reopened as first citizens today, so don't be confused if you see a different sign. north carolina's first citizen's bank bought the loans of svb worth $72 billion at a hefty discount of $16.5 billion. they assume assets of 110 billion, deposits of 56 billion, and they entered a line of credit with the fdic where the agency would absorb part of potential commercial loan losses. the cost to the fdic about $20 billion. that fund has about 120 billion in it. so, we enter monday morning with no new failed bank. that's why futures are up. that's why shares of regional banks as you see

third hour of varney starts right now. stuart: martha maccallum with me today. is that the evil empire? >> i don't. that's the relationship he says it's competition that we are in. it is not conflict. he says that despite the fact that we have covid, which is now determined by two big agencies to have been a lab leak and whether or not it was intentional and and we don't know the question and it was believed to be unintentional and perpetuated and not stopped to the extent it could have been and deadly in that sense. you've got fentanyl coming from china across the boarder and have them increasing their army and navy far surpassing our capabilities. you have pentagon concerns about whether or not we could defeat china in battles against the communist nation. there's a lot of questions there and what you're really honing in on there so perfectly is how the clarity of reagan's understanding of what we're facing as a country and heading into 2024 it's worth them asking if we have that clarity of purpose from the oval office. do people understand what we're up again