thank you, stuart varney. >> stuart: you are welcome brian kilmeade. >> brian: we never get a one-on-one go upstairs to ashley strohmier. >> ashley: department of investigation opening investigation into loudoun county schools over the district's response to reports of se sawlt. sexual assault. writing this is about protecting students from sexual assault and sexual harassment. it's important that the politics are taken out of this. and they do a thorough investigation to make sure that these problems are remedied. l.a. and chicago top the list for population decline 2022 as states like florida and texas welcomed influx of new residents. average of 1 # # thousand residents left l.a. county last year. that is followed by cook county which lost about 9 # thousand people. and new york's three counties lost between 60 to 78,000 residents each. a mother wins $2 million in florida lotteries scratch off game and the windfall coming just one day after her daughter completed treatment for breast cancer. the daughter says her mom took out her life sanks to help pay for her care and the winnings wi

stuart varney's show, of course -- stuart: oh!aughter who's going to be graduating here shortly, and a classically trained singer, so she's doing a little show tonight as well. stuart: oh, well, congratulations. proud father's got to be there. >> yeah, it's going to be the great. stuart: thank you, sir, appreciate it. >>> check futures, please. where are we? i see some green on this friday morning. nasdaq down 10, dow's up 40. not much change. the opening bell is next. ♪ i've got the magic in me -- ♪ every time i touch that track, it turns into gold. ♪ yes, it turns to gold. ♪ everybody knows identify got the magic -- i've got the magic in me ♪ good luck. td ameritrade, this is anna. hi anna, this position is all over the place, help! hey professor, subscriptions are down but that's only an estimated 15% of their valuation. do you think the market is overreacting? how'd you know that? the company profile tool, in thinkorswim®. yes, i love you!! please ignore that. td ameritrade. award-winning customer service that has your back. s

. >> ainsley: i have been worried about it but then we had peter varney on our show. >> steve: stuart is peter varney. >> brian: he had his rival. >> ainsley: we had stuart varney on our show he said i wouldn't worry about it this is a scare story. >> brian: china, if you want to trade with me in the yuan, i will do that now we have would you buy my oil i will give you a discount if you accept the one. took them off the swift system. is the one ba yuan worth anythi. and its worth. do you want to start trading on that when america has this history of a solid dollar and traded by 90% of the world's markets. the question is when france is in china right now. macron, is he going to ask for a deal there? the those bric countries formed their own country are they going to start trading on the yuan? that's going to be up for them. the best thing we can do is strengthen the dollar get our fiscal house together pursue other countries listen if you go and leave our currency there will be a price to pay for that we can't just sit there and watch. >> steve: well, i was just watching. we just put

fox business host stuart varney reacts live. >> pete: there he is. >> will: there is stuart walking.alking ♪ that's just what they will do ♪ one of these days ♪ these boots are going to walk al o. all over you ♪ ♪ the virus that causes shingles is sleeping... in 99% of people over 50. it's lying dormant, waiting... and could reactivate. shingles strikes as a painful, blistering rash that can last for weeks. and it could wake at any time. think you're not at risk for shingles? it's time to wake up. because shingles could wake up in you. if you're over 50, talk to your doctor or pharmacist about shingles prevention. as someone living with type 2 diabetes, i want to keep it real and talk about some risks. with type 2 diabetes you have up to 4 times greater risk of stroke, heart attack, or death. even at your a1c goal, you're still at risk ...which if ignored could bring you here... ...may put you in one of those... ...or even worse. too much? that's the point. get real about your risks and do something about it. talk to your health care provider about ways to lower your risk of stroke,

stuart varney will crunch the numbers. >> woman: why did we choose safelite? suv when... crack! safelite came right to us, and we could see exactly when they'd arrive with a replacement we could trust. that's service the way we want it. >> singers: ♪ safelite repair, safelite replace. ♪ ♪ ♪ ♪ voltaren. the joy of movement. ♪ polly pratts wore many hats. they came from past jobs in fact. every time she experienced something new, her stack of hats grew. she even served turkey legs with what's on tap, all while wearing a viking hat. then she found a place. her many hats would be embraced, and she couldn't hide the excitement from her face. so, polly traded in her hats to help earn her grad cap! your past experience can help you earn your degree faster and for less. get started at phoenix.edu - hiring is step one when it comes to our growth. we can't open a new shop or a new location without the right people in place. i couldn't keep up until i found ziprecruiter. ziprecruiter helps us get out there quickly and get us qualified candidates quickly. they sent us app

susan: that includes stuart varney. stuart: no, i live in new jersey. can i continue? francisco, has the most billionaires. 63 of them live around san francisco, and that is all according to the consultancy group henley and partners. okay. let's get back to the markets. susan is here. tesla. what's the story? susan: we're looking at the sixth price cut this year. so model 3, model ys will now be cheaper by $2- 3,000 each, and that does take the base model to sub-$40,000 for the first time in years. that's even closer to the promised $35,000 price tag when that model 3 was initially launched. now, i double checked for you, the model 3 base model not eligible for any ax the credits. only the model 3 rear-wheel drive standard range and performance were eligible. so base model e, no cash back from the government. but here's the thing, tesla and the price cuts and this price war is taking down all the other ev makers and that does include ford and the china a makers because when you're cutting prices, you make less per vehicle sold. and that's why automotive margins will be

stuart varney says democrats need to pull the plug on a second term for him. >> he's too old. he's 80 now, showing all the signs of physical and mental difficulty. he turns 82 in 2024. the aging process doesn't reverse. in poll after poll, a large majority of voters think he's too old for a second term. eventually democrats will make the call, you can't run. >> poll after poll shows more democrats want a new option for 2024. in fact, student varney is on to something there. a former special assistant to president biden, a former d.c. democratic party chairman, great to see you both. scott, i'm going to start with you. the drumbeat inside a political party happens to be the president, a democrat. for the going to see the coronation. that's one thing, that's a social event, you can send the first lady. people jumping away from him because of his age, what do you make of it? >> i don't think democrats are jumping away from him. i agree with the polling funs, they're concerned about his age. >> that's not a jump away? it's not a cozy hug. >> well, if you do the same poll, say who'

plus, tucker carlson, piers morgan and stuart varney, huge show, don't miss "fox and friends." ten bythe upshaws. the nelsons. and the caggianos. run with us and start telling your story. phone. . so many people are overweight now, and asking themselves, "why can't i lose weight?" for most, the reason is insulin resistance, and they don't even know they have it. conventional starvation diets don't address insulin resistance. that's why they don't work. now there's release from golo. it naturally helps reverse insulin resistance, stops sugar cravings, and releases stubborn fat all while controlling stress and emotional eating. at last, a diet pill that actually works. go to golo.com to get yours. >> biden energy secretary says the pump buying electric cars $12,000 more than gas-powered ones and we can't build them out the help of china. we were joined earlier by a guest challenging the suggestion. >> electric cars are going to have to be charged on a grid that is still primarily fossil fuels. we are not saving the earth. the green energy policy is the greatest national security threat

in for stuart varney.tu will be back tomorrow and let's get back to the markets starting quickly out of the gates and dow off 42 points and s&p down half a percent and nasdaq down 1% talking of the nasdaq and big tech names and take a look at big tech and they're all in the red and amazon, meta, alphabet, microsoft. they're all down 1% or more. take a look at 10-year treasury yield and the yield goes up and not much for the high growth tech names and the president confirms he plans to run in 2024. roll tape. >> i plan on at least three or four more egg rolls. maybe five, maybe six, what the hell. >> are you saying that you would be taking part in our upcoming election? >> help a brother out. >> we're not announcing it yet. ashley: that's all very mumbly but he said i'm planning to run but haven't made it official. >> steve, this isn't an official announcement and he sounded confident. could the economy survive another four years of biden's policies. that's my question to you. >> all those things, they're d

>> somebody out there is going to try to do a stuart varney a.i., whatever the heck they're called, andtuart: that's intriguing. thank you very much, todd. you still with us? [laughter] another chatgpt headline for you. it's the for lawrence actually. people are using gpt to write wedding vows. i don't care whether they're using it or not, i want to know how you feel about it. lauren: i think it's a great idea. stuart: why? lauren: because it solves writer's block. you get a nice, safe bones of the vow, and then you can fill it in with personal details. i love you so much, your smile is infectious. i knew moment i met you that you were the one for me. that's what chatgpt gives you, and then you can say remember that time we were at the park, you just put in a little personal detail the, you've got your vows. stuart: it's totally mundane, it goes nowhere. just repeating -- lauren: do you remember people's vows? do you remember the vows that are spoken when you go to weeding? stuart: i don't think so. >> i don't even remember individual weddings. lauren: did you write your vows? [laughter

stuart varney and you have been asking me for years,t will it take?t areas where the rich people have spent money on campaigns and candidates that put into effect parole is that don't affect them. but now it's affecting them. maybe they will wake up. i hope so. sarah foster is blasting san francisco's quote liberal leadership on instagram saying liberal politicians are ruining liberal cities. she is upset about the murder of cash app founder bobby lee. >> if you were on the streets and you were mental are you ill or on drugs, now a cop says get up or the guy on the street says or what? there is no no orwhat. they have allowed people to sleep on the streets with no consequences. we have got that hot take coming up. former federal prosecutor with a new poll. the majority of americans believe former president trump won't get a fair trial, even in new york city. let's check in with my buddy day day began and sean. >> we have shannon bream coming in. >> also jason rantz. we'll talk about the downward spiral of american cities. everything to do with young p

i'm ashley webster in for stuart varney. let's take a look at treasury yield up nearly seven basis popoints and bitcoin slightly lower earlier and right now it is -- they say down $31 at $27,936. all right, now this. california governor gavin newsom has been touring the south this week and while in florida, newsom visited the new college and, oh yes, criticized ron desantis saying "i can't believe what you're dealing with. it's just an unbelievable assault. it's common with everything he's doing, bullying and intimidating vulnerable communities. weakness, ron desantis, weakness mas kanmasquerading weakness ace board". steve hilton joining me with this. perfect person. what about all the problems newsom faces in his own state, california, mr. pot meet mr. kettle; right? >> exactly. not even the problems he faces. the problems he's created. i mean, he's been the governor and his party has been in total control in the legislature for decades and whole thing is there's no one else to blame. take this issue of education. he's goi

i could put up my own newspaper written by stuart varney, sell it and get all the money, the platform is on twitter. lauren: you get all the money and i assume twitter would take its cut but right now it wants to bring in the content creators because it has to. since musk took over advertising which is 80% of overall revenue has been cut by half. the twitter blue service we pay between $8 a month at $11 a a month depending which one you choose reports say only 1% of users signed up for that so he has to bring in money somehow. stuart: that is a good way of doing that. thank you. the governor of florida, ron desantis makes his first trip to new hampshire today coming out with new tv ads. desantis just signed a bill that bans abortions after six weeks in florida. let's bring in cassie smedley. you think signing that abortion bill him and he has, is that going to hurt him? in wisconsin, and kansas, liberals won by promoting abortion and going against the republican position on abortion. is desantis going to get hurt? lauren: there are two things to note about this, good morning. one is r

stuart varney is a good example of that.working hard and there are a lot of jobs, close to 10 million job openings still in the us, almost two jobs available for every worker that's looking and today's job numbers saw the number of workers entering the workforce, the participation rate which is the most encouraging part of the report today standing at 62. 6%, the highest since covid started. people are willing to get back into the workforce and want to get paid and whether you are older, younger, those jobs, right? ashley: there's plenty out there and the older mature workers have a good work ethic, no doubt about it. >> don't paint everybody with the same brush. ashley: i don't, i don't they do as well. you are not a fine example of the younger worker. you are an outlier. let's move on. remote work continues to hurt big cities as they hope for a post pandemic comeback. kelly o'grady joins me now, great to see you. we've been reporting on san francisco and new york but you're in los angeles and they are having a problem too.

sheets of the worst offenders, repeat offenders in new york city coming up and joni ernst and stuart varney live on a busy holy thursday morning. so buckle your seatbelts, we'll be joining you in eight minutes and five seconds on the channel you trust for morning news. todd and ashley back in a couple, you are watching "fox and friends first." get g oing by treating my skin and joints. along with significantly clearer skin, skyrizi helps me move with less joint pain, stiffness, swelling, and fatigue. and skyrizi is just 4 doses a year after two starter doses. skyrizi attaches to and reduces a source of excess inflammation that can lead to skin and joint symptoms. with skyrizi, 90% clearer skin and less joint pain is possible. serious allergic reactions and an increased risk of infections or a lower ability to fight them may occur. tell your doctor if you have an infection or symptoms, had a vaccine, or plan to. with skyrizi, there's nothing like the feeling of improving my skin and joints... ...and that means everything. now's the time to talk to your doctor about how skyrizi can help treat

stuart varney throws that much at me when shouting clean yourself up gutfeld.n't pay 15 bucks a month the government says shop lifted goods would also be available jamie. so the richest households making 182 grand would see the highest depending where they live. an energy spokeswoman, how did that happen? says it will lower the amount customers pay, increase transparency and provide relief to millions. well, you can make the same arguments about heat stroke, and i have. but who knew an energy company spokesman could be funnier than jamie lissow. but you know what else would provide relief to californians? leaving california for florida. all right. liz, liz, liz liz. liz. is california deliberately trying to drive people out? i mean, is this something that has been done before? >> elizabeth: no, we haven't seen this before, it's the first time. this is basically confiscation, right? that's all it is. what's wild about this story is the solar panel industry is really mad because they're saying we incentivized people by -- to invest and pay for solar panels becaus

stuart varney, you would be really ticked off if they did that to you.ump or is no different. and i think republicans look at him and are, like, i don't like always the style, but he's a fighter. listen, ron desantis, i think he's slipping for a number of reasons, but these big donors say, well, ron's going too far to the right. ron desantis has to win a primary, and the primary voters are on the right. you can't look at a general election million you win a primary election, and so ron desantis is actually smart to come to the right and challenge trump in that space. but if you're a donor you're going, listen, as lauren just mentioned, donald trump's pulling away. it's not getting closer. there's a lot of road left to run, but it's not getting right ther. donald trump seems to be running away with this right now, and this legal case in new york is causing that as well. stuart: that's true. sean, we're going to be watching you on "the bottom line," 6 p.m. eastern with dagen. thanks very much, see you later. karine jean-pierre defended president biden over

i'm biased. >> stuart varney, forever in th- lauren: yeah.nd recorded even if it's not a crime. minnesota wants to report biased speech to the state department of human rights. so if your words are reported, you land your name in that government database. so my opinion is this creates a state of at thing -- tattle tails constantly triggered and reporting people. stuart: did i die and go to china or something? is that watched to he me? good lord. reporting speech? our next guest -- i'm going to change the subject. our next guest is a former espn reporter, and she is slamming espn for their on-air tribute to the trans swimmer, lia thomas. charlie arnold is with me. what was your issue with espn's trans coverage and lia thomas? >> yeah. the whole issue is they always make such a big deal about keeping politics out of programming, and yet during women's month they found it appropriate to the air a one-minute-long tribute about biological male swimmer lia thomas which which i i thought to be very hypocrite school, quite frankly, as a woman a huge

i'm ashley webster in for stuart varney. of course let's get straight to your money.arkets are lower at the outset. we're coming back a little bit. the dow off 67 points, down .2 of a percent. the s&p down 3/4 of a percent, nasdaq down a third of a percent, down 160 points. let's look at the treasury yield if we can, ever so slightly higher. 3.14%. take a look at the price of oil that was just under $80. it is now what? it is flat. $80.68 a barrel for crude. what about bitcoin? let's take a look at bitcoin. it is up slightly $316, up 1% at 28,215. now this. the judge overseeing the trial into former president trump donated to joe biden's campaign back in 2020. okay. the former prosecutor though calls the optics troubling. watch this. >> it is troubling optics i think for any judge to have made a political contribution and then to have a party who is either the beneficiary or not the beneficiary of that political contribution before that judge in court. ashley: we're talking about a donation that is what, 15 bucks or less. byron york joins us this morning. byron, doesn

here with more, the number one host along with stuart varney on the fox business network, larry kudlowand applause] >> sean: all right, so 70% of americans can't stand the situation with the economy. we have nearly two-thirds of the country living paycheck to paycheck. we now have 25% of the country, they can't put enough food on their table and they need assistance for that. that's a lot of people. on top of it, he's raised taxes on oil, gas, coal, pensions and corporations that put those taxes onto we the people, the consumers. i don't see how we ever get out of this, larry, because he's not changing anything. >> well, he's not going to get us out of it. i mean grown-ups have to come and get us out of that. he's not grown [cheers and applause] >> but i just want to say today you had this great contrast. kevin mccarthy, who is one of the best politicians in the country, gave a very good talk on the floor of the house with a good plan to raise the debt ceiling and, most importantly, to cut the budget in order to curb inflation and promote growth and help middle income families. now, he

third hour of varney starts right now. stuartfornia guy steve hilton on the right hand side of the strene if not necessarily -- screen if not necessarily politically. good to see you, steve. is san francisco the canary in the coal mine for the whole country? >> yes, it is, as is california when you see what happens when democrats get their way and have no constraints on what they do. that's what you're seeing in california. they've had no real political opposition for decades, they push these far left extremist policies, and this is where you end up. now, in san francisco on top of everything you laid out so clearly there, you've got the crime problem and when there's an empty downtown, there's people around and it means it's easier for homelessness and crime and squaller that come withs that to sweep the city. you're seeing the consequence soft when the political leadership in a state like california has totally taken for granted wealth creating engine of the state. for years and years they've been so complaisant and the wealth

second hour of varney just warming up. stuart: all right. tammy bruce always with us on friday morning. wearing red. hope she's fiery today. can biden afford to answer questions? >> he can and he can't. this would be remarkable movements for the country because president biden if he was honest, we see this happen before, where he seems surprised or has an answer for the far left and gets corrected and then climbs up. what is horrible about president biden is his cynicism. he's decided to go along with this. i believe he knows a lot of this is not renting care because he likes being president. it has to be a seductive office to hold and this is what you always imagined being for the last 50 years of your career so he sold out but he has sold out the country. he can't answer questions. they deluded themselves, they think we are okay so far. we are going to keep doing this and it is because they don't respect the american people. they have contempt for the people, they lie to themselves, they lie to everyone else, look at the condition of the w

this is going to be a special this month, it's going to call the varney and co., enjoy. stuartew jersey. that's it for "varney & company" for the day and this week. "coast to coast" starts now. [laughter] ♪ every

stuart: president biden, yes, president biden -- no. mr. trump is back at mar-a-lago. good heavennings, varney, what are you doing here? his arraignment. ashley webster is in nearby palm beach. don't laugh at me, ashley -- >> reporter: i'm not. i'm loving with you. stuart: what's the reaction there? >> reporter: i tell you what, stu, as expected last night, donald trump came right out and attacked and, not surprisingly, target number one, manhattan the d.a. alvin bragg. listen. >> our elections were like those of a third world country, and now this massive election interference at a scale never seen before in our country beginning with the radical left george soros-backed prosecutor i'll alvin bragg of new york -- [background sounds] who campaigned on the fact that he would get president trump. i'm going to get him, i'm going to the get him. >> reporter: i'm going to get him. trump then went on to detail all the other investigations against him, calling all of those an insult to to our country, unquote. and then he kicked into full campaign mode and look the aim at joe biden. listen to. listen to this. >> if you took th

"varney" & company is about to begin. ♪ i could use a break, all i do is sit is round ♪ stuart: the songt opens the show. lauren: i hope for better days. stuart: it's a positive opening? lauren: muted optimism, cautious optimism. stuart: the big financial news of the day is inflation, and as you heard, consumer prices went up 5% in the last 12 months that's a big improvement over the previous reading. look, there's a lot more in this inflation report, and lauren has got it all. what do you have? lauren: i'm calling it the goldilocks cpi report. inflation is up 5% in the past year. sounds like a lot, slow since may of 2021 almost two years. this is unusual though, because core inflation, that's inflation outside of food and gas, that's up a greater 5.6%. that means rent is the biggest driver of inflation at the moment, on an annual basis, shelter is up over 8%. things are getting better. i've seen better days. food prices flat on the month. gas fell more than 4% but yes, shelter is rising at a fast clip month-over-month and annually and that's the biggest problem right now. what does the

third hour of varney starts now. stuart: look who's here? katie pavlich. thank goodness. good morning, katie. >> great to see you. stuart: these influencers, if they are indeed hired, they're not asking any probing questions of the president, are they? it's his way -- it's a basement strategy, isn't it? >> stuart this, is what we call a government propaganda machine. if the white house is going to really be taking in these influencers, i'm curious about who's going to be paying for them to come to washington dc, most of them do not live here. yet they're being asked by the white house to potentially come for "briefings" but are just note taking sessions to repeat what was told to hem on their tiktok platforms and it's interesting to watch as the administration is trying to argue that tiktok is a national security threat. yet they are now using it as a way to get president biden reelected. you know, republicans and some democrats on capitol hill talk about it as a national security problem, but now the biden reelection team is saying national security, the young vote, reac

"varney & company" picks out i up -- it up here. stuart: good morning, everyone. i'm going to to start with an earnings report. goldman sachs, yeah, they made a lot of money, more than expected. but many response to the banking scare, goldman has sold off some of its long-term investments at a loss. investors not happy with that, and the sock is down this moment about -- stock is down this moment about 3.5%. it is a dow stock, and goldman's decline is taking 80 points off the dow industrials. here's the market pre the opening bell. the dow is up about 17 points. it would have been up about 100 had it not been for goldman. s&p is up 18, nice gain for the nasdaq, about .75% gain, almost 100 points up for the nasdaq. it's a rally. bitcoin rallying well above $30,000, you're at $30,300 as we speak. etherium's to well above $2100 level. a rally there too. interest rates, well, their holding at higher levels. the 10-year treasury, 3.58. the 2-year way above 4%, you're looking at 4.19. on you can the orer a fascinating -- tucker, a fascinating review interinterview with

third hour of varney starts right now. stuart: i like to see pete hegseth on the other side of the screen buzz i know we have fire coming to the show, and that's what we want. pete, this is what happen when is you say good-bye to energy independence, it is a disaster, isn't it? >> yeah, it is a disaster. you said it right. you don't just say good-bye but they've gone to war with it. our own administration gone to war with our ability to produce domestic energy, which is always cheaper and cleaner. so if they really believe -- instead we're look elsewhere for dirtier sources of oil. becoming dependent upon them and not addressing the climate issue that they're obsessed with. we get neither. none of the energy policy that's foreign policy and this administration turned energy policy into climate trying to undermine us and all this silliness and fantasy, this lunacy of we're going to somehow turn the temperature down on the earth makes us far more vulnerable and the world a lot more dangerous. stuart: i want to turn to the indictmen

stuart: good with morning, everyone, and welcome to the "varney & company." yes, it's friday, and we are capping off another big week. there are no summer doldrums here, honest. today the big banks kick off earnings season. are hay making money? do they the look solidsome yes and yes. for the most part. jpmorgan, wells fargo, citigroup, they've all reported earlier today, and those stocks are up. remember, these reports look back. investors are perhaps more interested in where profits are going in the future. remember that, please. the dow the industrials this morning,st friday, they will open to the up -- no, they'll open to the downside. dow's off maybe 11, the nasdaq down about 90 points. red ink as we start out friday morning. no decline sister interest rates, maybe that's why the nasdaq is down. the 10-year at 3.52. in other words,es it's back above 3.5%. investors don't like that. the 2-year firmly above 4%, no wonder nasdaq's going down. the price of oil this morning, $82.25. gas keeps on going up, $3.66 is a -- the average for regular, up another 2 ce

"varney & company" right now. stuart: good morning, everyone. historic day play frommed out on tv. actually, i think it is a sad day for america. a local district attorney is about to arraign a former president and current presidential candidate. he's charged with falsifying business records. democrats say he must be held accountable, and they'll twist and bend the law to do it. on tv today you'll see it all from trump emerging from trump tower to his appearance in court. alvin bragg's news conference later in the day and trump's big speech at mar-a-lago this evening. now, a majority supports the indictment, 60% support indicting the president. the president, president biden, he's saying nothing. it's a big no comment coming from him. trump has raised $7 million since the arraignment was announced. lauren has the timeline of events moments from now. let's got to the -- get to the markets because, actually, they could the care less what's going on in new york city. investors care more about interest rates, inflation and profits. seems like the market wants to go up, the dow industri

cheryl casone, thank you so much everybody have a great day we will see you again tomorrow "varney & company" stuart good morning , maria and good morning beings everyone. yes, we have the all-important inflation report. it is a pointer to your buying power, and to the future course of interest rates. in the last year, consumer prices went up exactly 5%.

"varney" & company is up next. stuart take it away. stuart: good morning, maria, good morning, everyone. every monday we start with your money, because everybody wants to know if anything happened over the weekend that drastically affects the markets. nothing too dramatic. hold on. although we have more earnings reports that are helping a modest rally at least for the dow. pretty flat as we open for trading this morning, dow up maybe 20, virtually no change for the s&p and same with the nasdaq. dead flat today. interest rates holding at their higher levels i've got the 10 year yielding 3.56. the yield is up there, and the two year now well-above 4% looking at 4.16 that's quite a jump in rates there. the price of oil still around $ 82 a barrel, 81.93. gasoline up just a little bit today 3.67 is your national average. bitcoin last time i checked was at 30,000 bucks i'm checking now it's at 29, 500. elon musk at it again. this time he's blasting artificial intelligence. if it goes the wrong-way, it could lead to serve civilization destruc

stuart: that's it for "varney & company" for the week, we thank you very much for watching all the way through. "coast to coast" starts now. ♪ david: and ahead on "cavuto coast to coast", president biden's inflation reduction act, guess what? inflating. expecting costs for the climate agenda have soared as biden's energy secretary doubles down on calls for our military to go green. we are will get reaction fro to all of the above from republican senator from oklahoma markwayne mullin. plus, carl main calling out democrats for the lack of primary debates. we have republican presidential hopeful vivek ramaswamy who just challenged democrat candidate for president rfk jr. to a debate. did he get a response from rfk? we'll ask him. and we just got the official postmortems on those failed banks. we're going to be talking to bob doll on whether or not he sees any red flags for the rest of the banking industry in the report. welcome to the show, everybody. i'm david asman in for neil cavuto the. we have all those stories for you in just a minute, but first, the fed watching some key inflation

"varney & company" begins now. stu, take it away. stuart: good morning, maria, and good morning, everyone. heads up, everyone. the gas price spike cometh. it's not going to help energy inflation, and it's not going to help your spending power. here are the numbers. the national average for regular gasoline has gone up 7 cents in a week, and it is still rising. here's the interesting part, it's hitting ohio where it's gone up 22 cents in two days. gasbutted key says the rest of -- gasbuddy says the rest of midwest and maybe florida will see similar spikes just as we hit the driving season. that's the gas price spike. it's a 3-day weekend for the market, wall street closed tomorrow for good friday. in advance of that dow's up about 30, nasdaq's down 64. not that much price movement. interest rates staying at low levels, some are calling this a recession indicatorrer. the 10-year all the way down to 3.the -- 3.28% and the 2 the-year back to 3.75. wasn't that long ago we were well above 4%. golding, it's at $2,027 per ounce. more on that just a

third hour of varney starts right now. ♪ stuart: ben domenech with me this morning. fired up, are the elites recognizing the value of free speech? >> stuart, i like when you get fired up about things and nothing you should be more fire department up about than the issue of free speech particularly in the types we've lived in america and that seems to be something increasingly objectionable as opposed to been ago issue that could unit right and left. on the importance of speaking freely and speaking your mind about the potential of having your life ruined and your career canceled but ramifications that essentially send -- are designed to send you to the poor house and we should have something defending that value in the public square. that's something that the elites are increasingly coming to understand is something that's so intrinsic to american ideas and to the way that we approach a living in this country. it does need to be defended and otherwise if they're going to be consequences for them and it's a elite institutions like harvard are not going to defend free

third hour of varney starts right now. stuart: he's back. the man with life, energy, and a lot of jokes. his name is jimmy failla. will biden's basement strategy work in 2024? >> wow, i don't know. the country is in a bad spot and it wasn't a referendum on him and it was on him. this time around do you hate trump more than $7 gas. do you hate him more than a porous border? only thing i want to stand up for listen his behalf is asking tough questions and he struggled with that. what state are we in? it's sad and it's a political i can't tell jim jordan and we get why they're doing it trying to limit press exposure because of potential for unforced error. bigger problem is on the world stage and living media exposure and they know we have a guy that for whatever reason happens to be in a place of some type of cognitive compromise. i don't wish it on anybody. if you watch the state of the union he finished saying now is the time to choose between unity and inaudible. he made a sign language interpreter struggling because he didn't have a word.

the second hour of "varney" just getting started. ♪. stuartll cain volunteering again to be part of this program. he is a good man. thank you very much, will. what is your reaction likely to be a series of legal battles obscuring our crises? >> that they are serving their useful purpose. look i think to your point when it comes to the media and their constant obsession with donald trump just continuation of the reality that drives ratings. got the main character back. the purpose of it otherwise for the democrats it is political, nakedly political. you know, stuart, there is a noble phrase being uttered ad nauseum almost like a tick on almost every other channel no one is above the law. it's noble premise to which we al agree aspirational, no one is above the law but when you look at the nature of this application of the law that you're looking at a misdemeanor, well past its statute of limitations he is having alvin bragg the manhattan d.a. working very hard to toll the statute of limitations bootstrapping it up to a felony this is not just a

property property second hour of varney just getting started. stuartliz peak with us this -- what day is it? wednesday morning. i'm glad you're here, liz. straighten me out, all right. the left is triumphant. who is the big winner in the trump indictment? >> obviously joe biden because it takes off front page all the things going wrong in this administration. it goes off the front page the house investigation into the pay for play or influence peddling or whatever you want to call it by the biden family, the money coming in from china and the spy balloon which we found out yesterday is not very good news. they were sucking up all kinds of important intel is dismissed by the white house and it's been push to do the sidelines. journalists being held captive in moscow for the first time since the cold war. what an appalling development that is and we've heard almost nothing about it because it's trump, trump, trump 24/7. there's a new idea, stuart that, came to me in the last hour. i want to share it with you. stuart: please. >> this is how joe biden's te

"varney & company" right now. stuart: good morning, everyone.

this is going to be a special this month, it's going to call the varney and co., enjoy. stuart: how about that? it really is delicious. it's made by our friends in hoe to bogen, new jersey. that's it for "varney & company" for the day and this week. "coast to coast" starts now. [laughter] ♪ everybody's working for the weekend. ♪ everybody -- neil: indeed, everybody is working for the weekend. weather's to supposed to be nice in most parts of the country. florida's all rained out9 and, of course, some of the cold weather we were seeing in the midwest, that's going away. it's supposed to "up to near 90 degrees in new york city today, should get down to about 65 in the weekend here in the northeast. bottom line, nice weather pretty much across the country. not nice weather at the corner of wall and broad right now. we've got some selling going on here, but don't blame the bank socks. they tried to do their part with better than expected numbers pretty much across the board, not totally. they're doing okay as a financial group, not so, some of the other ebb shoes that are plagued b

second hour of varney just getting started. stuart: douglas, you've got a foreign accident.see us? >> depends where you are. they've covered this in a huge way and they're surprised and look at press coverage of britain and france or elsewhere, i think on the one hand they're double figures cent and donald trump's reputation is not high and some are june lent about that and most are derived jubilant and take another democracy of indictment of a former leader of israel and former president was accused, prosecuted and convicted and elmore prisoned for rape. enprisoned for rape. he went to prison and most are looking at this thinking this looks like a kind of cooked up thing. in my opinion, it is. more interest asking what are the rivals and competitors and opponents thinking about it? that's clear from the chinese papers and russian papers and they're very pleased about this and this is the great thing about china in the country and here in america they're so much time on this and alvin bragg trying to take down donald trump and trying to find 16 years ago and the meantime chi

stuart: there's another trend story. more companies are targeting people who have the money to spend and they aren't worried about inflation. they are going after wealthy people are coming down. >> so would stu "varney $ 10 for toothpaste or $190 for cream? stuart: i look like an idiot. >> so no discounts for retailer s to attract more higher-end shoppers because if you cut your, iffy you discount less profit for the company, so another example is chipotle raising prices by 13% and they want higher income folks to buy more of expensive guac and burritos. one example i loved which was five below, it sells for five bucks and below. so now they are saying we're going to go five bucks and beyond so $6 plus and converting a lot of those 1,300 stores they operate to sell higher end products instead. stuart: they got pricing power and the stock reflects it. not bad. thanks susan coming up california's mansion tax is in effect. million dollar listing star josh altman says that tax is chasing people out of los angeles. he reports a huge surge in home sales right before the tax took effect. he's here to discuss his listings in the 11:00 hour. michigan became the first state in nearly six decades to repeal its

third hour of varney starts right now. stuart: steve hilton with us this morning.ou're a california guy. we've talked about the reelection campaign and where does that leave gavin newsom that's supposed to be running for president? >> welshing talk about biden's demagogue reigns leading falling flat and they're hoping that biden overall falls flat and somehow something happens to him, which means he doesn't go ahead with it and that's looking more and more unlikely as you say we're hearing all the brief things that it'll be next week and there's still some hope in gavin newsom's mind that he's not going to go all the way and there'll be a vacancy and he'll be the great savior who's going to step in and one thing toed a to that and i completely agree with every word. i don't feel sorry at all for biden just because think about what this man has done. for 50 years and biden has plotted and schemed to get this job. we see the cost of having a senile president in the white house and he thinks that biden is capable of having a sustained conversation about anything, let

the second hour of varney just getting started. stuart congressman dan crenshaw joins us of this morning. as i said before, will the real president please stand up because we don't know who's calling the shots. what say you? >> not sure i have much to add. no secret that biden probably isn't calling the shots. he is big and in cognitive decline for quite some time now. it is disappointing when the leader of the free world can't be up to the task of answering unexpected questions, the kind of questions any president should be expected to answer because he should just know, something, topics he deals with every single day, should have an opinion on them, he should be able to articulate that opinion. it's the point of representation. be able to articulate the opinions and the facts in a clear and coherent manner because that gives the people you represent some kind of good feeling that their leadership is on top of it but what we have here is a robot who is told by his handlers what he's going to be asked and what to answer. it's disappointi

varney & co. picks up here. stuart: good morning. could it be another biden trump election? it is possible. three hours ago president biden released his three minute video announcing his reelection campaign and spent a lot of those three minutes bashing maga republicans and goes heavy on healthcare, climate and abo abortion. more on that in a moment. leftists run the biden campaign. julia chavez when granddaughter of the farmworker and rafael warnick's winning senate campaign, they will run the biden campaign. donald trump seems to be running away with the republican nomination. steve days, influential senator from montana is now back in trump. florida's government desantis so not officially announced his candidacy press by sean hannity last night and said stay tuned. to the markets, a lot going on with your money today, or early this morning pepsi, ge, gm, 3m and mcdonald's issued the financial reports. solid numbers across the board. all the stocks are up in premarket trading and mcdonald's may be the start of the day and another record high. dow industrials will open to the downside mayb

monday april 24, 2023 varney and company is about to begin. ♪ ♪ stuart: do it again.s going to do it again as an run again in 2024. well done, producers. nice job. monday morning sixth avenue. not that busy, is it? a new poll shows 70% of voters do not think president biden should seek reelection and that includes 51% of democrat. they don't want it. duffy is with us this morning. rachel, he set to announce his campaign tomorrow, where is the enthusiasm? >> there's none but you brought up his mental decline, we can't avoid it, it's absolutely fair but relates to his policies because he's double down on radical policies so i've always asked, who is running the biden administration? clearly joe biden is not up to the task, we've heard about his schedule, his naps, trip to the beach home, the few press conferences he takes so we know he's not running it and the more his mental decline start or continues to diminish, the more these radicals are taking over his policies and we see him doubling down on things that are very obviously hurting america both economically and in

third hour of varney starts right now. stuart: jimmy failla is with us here in new york city today. yeah, there he is. jimmy. biden's announcement today he's running in 2024 -- >> yeah yeah yeah yeah yeah. stuart: just proceed from there. two things, i'm so dis-ed a pointed in my administration. i'd run against them if it wasn't for a thing called background check. jimmy failla announced and quit today. it was crazy. they're giving him a lot of heat because it looks weak to re-announce via video. traditionally you want the optics of a big crowd room of enthusiasm but there's two problems there. there's not a lot of enthusiasm and 70% of americans don't want this. imagine that. looking at politics as a restaurant, we're yelling fire the chef and they're responding with bigger portions. it doesn't work, you dig? the only place i'll defend bide season that, you know, we're saying you did this empty video in a studio but every room is crowded if you see invideoable people for all -- invisible people so for all we know there were 5,000 screaming people in there. i was very underhelmed wi

"varney & company" picks it up here. stuart: good morning, maria. and good morning to the everyone. the president reeves for irelan, it is a goodwill visit. but around the world war talk is making headlines. china has completed three days of military drills where they surrounded tie expwarntion china is, quote, prepared to fight, end quote. the document breach raising the a anxiety level as new dethe tails showing the precise status of every ukrainian brigade right down to the number of rockets and missiles he was and when they will run out. no statement from the white house,9 and the president is not holding a news conference on ukraine or china anytime soon. perhaps, perhaps war with talk has something to do with the rise of bitcoin. maybe that is a stretch, but there you go. bitcoin has now hit $30,000 per coin, $30,127 as of right now. as for the market, as in stocks, pretty flat. actually, very flat. that's just ahead of two days' worth of inflation reports tomorrow can ask thursday. the dow may be down 10, nasdaq a may be -- i'm sorry, dow may be up 10 or 11, nasdaq maybe down

"varney & company" begins now. stuart: good morning, everyone.ere it is: producer prices down, i repeat, down 0.5% last month. however, thewe