hour three of varney coming right up.ve very good news for you and for your money. in short, it's this: the economy is growing and will grow even faster next year. and stocks continue to show truly enormous gains that will benefit everyone. let's call it what it is, the trump growth agenda and the trump rally. both going strong. now, despite opposition that borders on, frankly, hysteria, this president has cut red tape. that's called regulatoryç refo. he's made america the world's dominant energy producer. that's called common sense. we've got it, it's ours, go get it, please. since the election the economy has started to grow at a much faster rate. that's called prosperity. and now president trump's on the verge of historic tax reform. on the economy this president is winning big. investors, they're winning big too. stocks are up well over $6 trillion in total value since the election. if you watch this program, you've seen your money grow, you've seen the trump rally in realtime. all of this has been greeted with utter

more varney after this.arles: a quick look at futures, equity futures under pressure, s&p has waffled in and out of positive territory. warren buffett's right-hand man charlie monger says avoid bit coin, quote, like the plague. do you agree? >> you should avoid the plague more but you should avoid bit coin too. there is no underlying fundamental value, it is your speculative fervor but going higher and much higher, i have seen crazy before but it can get crazier. charles: a painting sold for $450 million, ingredients cost $2. where is the intrinsic value. where does they go up? where does the intrinsic value for gold, dollar, other than full faith and credit? >> i know why it exists. it is not a currency, because you can't have something change ten times in the course of a year and call that something for spending and something that will take over for the dollar, when the end times come and currency go bust you are not going to want a currency that requires a fast internet connection, i don't quite know what

stuart varney. "varney & company," take it away. stuart: a fine introduction. do it again tomorrow. hey, everybody. it started sharing the wealth. big business passes along the benefits of tax cuts already. take that, savanna country. the today show host asked to speak her mind and her mind and if he was living in a fantasyland because ryan expected growth in jobs of higher wages from tax cuts. zero dear, she should have waited a few hours and check this out. at&t, boeing, comcast, fifth third bank, southwest airlines and wells fargo have all announced they will pass on the benefits of tax cuts of bonuses, higher wages, more hiring in more investment. it's the great corporate pass through. more announcements are likely. tax cuts showing positive economic results. democrats are still making some very dubious claims. for example, nancy pelosi says raises taxes on 86 million middle-class families. that is factually wrong. it is dishonest political spin. the left plans a year-long all-out attack like about when you just saw. investors clearly approve however the tax cuts and what they'l

this is his first appearance on the varney shoeff. the show, gary. >> about time, stuart. stuart: well-said, young man, stuart, well-said. now is the tax plan, big picture here, is the tax plan good for investors and if it is tell us why? >> long run absolutely, profits will go up for companies, if profits go up, valuations go up, stocks go up. in the short run, the biggest worry i had, last 13 months we had four years of market gains, in some instances five. i would not be surprised for a little moderation here, maybe even a correction, but longer term this is nothing but good news. when you hear people like fred smith of fedex, gary kelly, of southwest they will invest a lot of money going forward that means jobs, jobs, jobs. more people with jobs, means more money in their pockets. more money in their pockets means more spending and you go into a virtuous cycle. stuart: gary, reason we invited you on the show because you're one of the principle debunkers of the bitcoin thing. i was particularly curious about your article about, the

dagen: varney & company is right now. stuart, take it away. stuart: yes, it is, dagenment one more time, the push is on for dow 25,000. this has been one explosive year, hasn't it? good morning, everyone. we are 207 points away from 25,000 on the dow and the indicators point to a higher opening that carriers closer to the milestone. never before has the dow gained 5,000 points in a year. it did this year. big number, since the election of donald trump, the value of all values have gone up by $6.6 trillion. october 17th, the dow hit 23,000. november 30th, 24,000. 25,000 this week, well, we are very close. the latest gains are all about tax cuts, the house votes today, it will be a yes. the senate votes later today or tomorrow, yes, looks almost certain. the president could sign it into law on or before christmas eve. yes, this has been a remarkable story. we've had a front-row seat to financial history. what a ride? get ready for another big day, we are running right at 25,000 and varney & company is about to begin. ♪ ♪ >> we are moments away,

varney stuart varney, "varney & company" 9:00 a.m.year. ♪look into my eyes ♪you will see ♪what you mean to me ♪don't tell me it's not worth trying for♪ ♪you know it's true ♪everything i do ♪i do it for you or a little internet machine? it makes you wonder: shouldn't we get our phones and internet from the same company? that's why xfinity mobile comes with your internet. you get up to 5 lines of talk and text at no extra cost. so all you pay for is data. see how much you can save. choose by the gig or unlimited. xfinity mobile. a new kind of network designed to save you money. call, visit, or go to xfinitymobile.com. . >> christmas days away all procrastinators right here out there amazon has you covered live from the prime hub in new york how is it going. >> certainly here dagen. you can see behind me tons tons of goods almost like santa's workshop you can order goods just until a christmas eve, 11:59 that is all of our deadline, talking to people who work here say listen they get tons of last minute requests eggnog people ran out of

stuart varney. "varney & company" begins. stuart: let not get carried away. very nice introduction and i'll take it. monday morning. welcome to the show. half an hour from now, you are going to see another huge stock market rally. very close to the dow 25,000. what an extraordinary year this has been. good morning, everyone. as a friday close, 348 points away from 25,000. we will open this morning with a gain of about 160 points. clearly we could at the 20 5-k milestone before christmas. even before the market opens we could tell you the big tech stocks are back in the lead. why? because the tax plan gives the apples and microsoft of the world a strong incentive to bring billions back to america and a big chunk of the money will almost certainly go to big tech shareholders. all the indications are republicans have the most they need on the president's desk for his signature by christmas eve. it is coming together. the tax plan in the trump riley. you better follow it right here. the atlanta airport bass and a blackout shut down for 11 hours yesterday. more de

more "varney" after this. ♪ . . . .atic decline in number of law enforcement officers killed on duty. i would love to see that continue into 2018. adam, what is your favorite? >> that clinton video. for me it signals ae everyone tr 30. charles: somebody talking about the f button. went over my head. i chuckled. there was the ultimate point. the democratic party belongs to millenials. that is not hillary clinton. dave asman in for hillary clinton. david: charles, i never seen anything go over your head partly because you're so tall but i don't believe that one. charles: thank you. david: i'm david asman in for neil cavuto. a busy two hours ahead on "coast to coast." our top story, record breaking cold in much of the eastern half the country. dealing with unbelievable snow fall amounts, several feet in some spots. new york city could be one of the coldest ever on record. weather company senior meteorologist dan leonard here to break it all down. first how long will it last, dan? >> dave this, is impressive cold shot not o

more "varney" after this.ica, it is absolute chaos out here! gale force winds, accumulations up to 8 inches... ...don't know if you can hear me, but [monica] what's he doing? [lance] can we get a shot of this cold front, right here. winter has arrived. whooo! hahaha [vo] progress is an unstoppable force. brace yourself for the season of audi sales event. audi will cover your first month's lease payment on select models during the season of audi sales event. ashley: underthe new gop tax plan there are a couple of items that small businesses will like, at least we think so. gerri willis is here to explain. >> ashley they will not like it, they will love it. this is a gravy train for small business. let me explain how that happens. if you were paying tax this is year on small business at rate of 39.6%, that was highest tax bracket, this coming year you would get 20% deduction against your income. that would drive you down to an effective tax rate of 29.6%. you effectively go to 40% to 30%. that is a huge, huge de

maria: have a great day, here is stuart varney, have a great day. stuart: now his family is outraged because police officers questioned them. good morning, everyone. speaking of the family, albert foxcon says we have seen our children as young as 4 year's old held out in the cold, detained as their parents were questioned. a teenager, he says was pull out of high school class and interrogated without a lawyer. outrage. came here as a chain migrant, he may well be the guy that ends chain migration system. we will have more on this, believe me. red flags for bitcoin, believe me. bitcoin market is, quote, burning with risks for retail investors. if a little guy being set up to hold the bag, the winklevoss brothers, they are on the show today. media targeted the president and made series of mistakes. in a tweet the president calls stain in america. win or lose roy moore may be a problem for the gop. yes, it is another day and varney & company is about to begin. ♪ ♪ stuart: well, look at this, we are going to go up at the opening bell today. by the way,

stuart varney, "varney & company" every day 9:00 a.m. eastern.d scorer, kobe bryant. ♪ is this a phone? or a little internet machine? it makes you wonder: shouldn't we get our phones and internet from the same company? that's why xfinity mobile comes with your internet. you get up to 5 lines of talk and text at no extra cost. so all you pay for is data. see how much you can save. choose by the gig or unlimited. xfinity mobile. a new kind of network designed to save you money. call, visit, or go to xfinitymobile.com. dagen: we are down to the final two weeks at the nfl regular season. you're at max is here at night holidays. >> the regular season. the atlanta falcons would be in the playoffs. scored his lan is the fourth quarter last night. amonte freeman but the freeway i'm touched. how can puzder with a three-point game with 55 year field goal over time. falcons win by three. the final playoff spot in the nfc. embroiled in a misconduct scandal, carolina panthers owner jerry didn't give up the reins on day-to-day operations. the java longs to the

start varney you're talking to.ou have a 10-point lead according to "fox news poll." 10 point lead, do you believe it? >> dot folks from fox cover alabama football and auburn football. we don't follow polls, we wait until we see what is happening. coach saying bonn and coach mall sawn will tell you. we feel good about the race. we're not paying attention to polls. we're out here. we're talking to people like we're behind 50 points. making sure our message is getting across, while roy moore hides behind who he is hiding behind. certainly not us. reporter: okay. he gave us first shot as he promised. there you go. stuart: well-done, jeff. reporter: doug jones trying to play doesn't poll. i was very impressed. stuart: 10-point lead, when other polls shown roy moore with a 2, 3, point lead himself. says doug jones with the lead. i wonder, liz, help me with this, i wonder is it possible senator shelby, sitting senator for alabama, in alabama said state can do better than roy moore. liz: he is very powerful and influential

"varney & company." stuart, take it away. >> we spent the week wondering if they would hit 25,000 print money like possible. it's wednesday. now looks like a longshot. good morning, everyone. close but no cigars. the dow closed tuesday at 24,180. that is 819 points away from 20 5-k. 14 trading days left before christmas. never say never. not with this market. here is how we will open today. lower again, but not by much greater couple hours ago we were down 60. now we are down 25 and closing. the far left, over green adding his voice to the hysteria. he said deregulation of tax cuts gave us the last crash and we can afford to let it happen again. he's the guy who's spending millions on his hoped-for impeachment for president trump. here comes the day of rage in the middle east because president trump wants to recognize jerusalem as the capital of israel. jordan, saudi arabia, turkey, they don't like this. the pope doesn't like it either. he favors the status quo to avoid violence. here he comes, another b

more varney after this.tuart: not great resulted toll brothers, the homebuilders short on the revenue side, they have higher labor costs, raw material cost, full disclosure i did just by a toll brothers house so didn't help them very much. this is a classic. patagonia sued the white house, donald trump reducing the size of two national monuments in utah. this is suburbanites telling country people you can't use that land, you will spoil it. >> your definition might be narrow. i would include urbanites, there is a reason the president wanted to fly out to utah, share this news, this is generally seen as good news, you can use the land and for people on the coast should understand the federal government owns enormous swaths, it is a monument, doesn't mean it is a unique pristine areas that will be destroyed by the footprints of man, simply means that is the designation presidents have applied to huge areas. stuart: all they are talking about it local people who want to go hunting, fishing and ranching as oppos

stuart varney. take it away. stuart: not in a christmas sweater. maria: we have one for you, stu.s to christmas. you are spending big-time. very good news for a growing economy, and good morning. good friday morning, everyone. here we go. best holiday shopping season in very long time. we have shown you pictures of those amazon boxes stacked up, high. yes, online shop something truly huge. the malls are doing much better than expected. federal reserve has taken notice saying that the economy is

varney, take it away. stuart: thank you very much, indeed. heads up bitcoin people, your coins are crashing and all those block chain spin-offs, the same story, they are tumbling. good friday morning, everyone. last day of trading before christmas. it's all bad news from the bitcoin market. the price dropped by about a quarter overnight, you can call it a correction or pullback, i will call it a crash. the price is now in the 12,300-dollar range, right there on your screen. in half an hour, some of those companies that just changed their name to include the word block chain, they are coming way down as well. look on your screen, there's the list. all of them big-time to the downside. no pullback seriously, though, for stocks flat to slightly lower at the opening bell. we don't know how the market is going to close. it is facing a three-day holiday weekend, but so far that has been no sell on the news of the tax cut deal. i'm going call this one a corporate bombshell, eric schmidt is out at google, this is the man who built the company at glob

dagen: stuart varney, "varney & company" coming up 11 minutes from now. think about the final tax bill from lawmakers. ♪ cannot live without it. so if you can't live without it... why aren't you using this guy? it makes your wifi awesomely fast. no... still nope. now we're talking! it gets you wifi here, here, and here. it even lets you take a time out. no! no! yes! yes, indeed. amazing speed, coverage and control. all with an xfi gateway. find your awesome, and change the way you wifi. dagen: frozen as a christmas carol now. joining that from new york is there around code for group and the co-owner, butcher molly, as the co-owner, what can you tell us about being a small business owner? >> they constantly reinvent ourselves. especially the numerals coming up. we are excited about it, but we keep reinventing herself, reinventing the wheel. advertisement, promotions. this time of year is really good for every restaurant. come january or february have to start all over again. >> i've got to tell you we've been looking on the property all day. it's amazing.

more "varney" after this.wed that he wouldn't be able to retire until he was 68. the client realized, "i need to get back into the markets- i need to get back on track with my plan." the financial advisor was able to work with this client. he's now on track to retire when he's 65. having someone coach you through it is really the value of a financial advisor. stuart: 16 minutes to go to the opening bell on the markets. we'll be up not as much as we were. maybe 60 points for the dow industrials. >>> let's get to the fbi bombshell and bombshell it is. peter strzok edited the comey statement on hillary in a way that seamed to water down the bureau's findings. got her off the legal hook. gross negligence was changed to extremely careless. here is the latest. reasonably likely that hostile actors accessed and hacked into her server. that was changed to a mere possible. interesting. joining us now, john bolton, former ambassador to the united nations. this occurred while hillary clinton was secretary of state. she r

more "varney" next. whoooo. when it comes to travel, i sweat the details.eckout... ...down-alternative pillows... ...and of course, price. tripadvisor helps you book a... ...hotel without breaking a sweat. because we now instantly... ...search over 200 booking sites ...to find you the lowest price... ...on the hotel you want. don't sweat your booking. tripadvisor. the latest reviews. the lowest prices. charles: quick check of the big board. dow gaining traction up 22 points. this is near highs of the session. take a quick look at some big tech names we saw for the last month or so with some rotation out of them, profit-taking. nevertheless huge years and big day again. amazon leading the pack there. facebook bigger percentage gainer all looking pretty good. >>> now taxes are done. infrastructure is next for the white house. joining us now arizona congressman david schweikert. you're own the joint economic committee. >> correct. charles: this will all go down, a whole thing about public money private money, state and local money. it is interesting cauldron i

here is stuart and "varney & company." stuart: i will take it, maria. looks like a few gifts may have come early. good friday morning everyone. last month our economy created 228,000 new jobs. the unemployment rate remains at 4.1%. workers are flooding back into the labor force. sum it up, please. we have better than 3% growth rate, we have a fully employed economist. we're spending big for the holidays. it is called i believe a return to prosperity and the market recognizes that. the hope of even better growth in the future moving stocks prices up this morning. tax cuts kick in soon. there is spending deal and "brexit" deal. the dow opens up 70 points today. i lost count of number of record hit since trump took oval office. >>> got to mention bitcoin. talk about volatility? up and down thousands of dollars per hour, right now the price top of the screen in the middle, $15,575,000 per bitcoin. got it. >>> politics, you will hear the words due process a lot. two high-profile departures for alleged sexual misconduct. trent franks, arizona republican, he a

going to happen, joining "varney & company" we will be there stu see you 10 minutes thanks so much "varneyof the hour 9:00 a.m. after "mornings with maria" join stuart as we are going to see fryers later probably real market reaction as well once we get that official vote count, coming up cliques and bricks over 25 million businesses on active instagram break down potential benefits back in a moment. ♪ it can detect a threat using ai, and respond 60 times faster. it lets you know where your data lives, down to the very server. it keeps your insights from prying eyes, so they're used by no one else but you. it. is. the cloud. the ibm cloud. the cloud that's designed for your data. ai ready. secure to the core. the ibm cloud is the cloud for business. yours. or a little internet machine? [ phone rings ] it makes you wonder. shouldn't we get our phones and internet from the same company? that's why xfinity mobile comes with your internet. you get up to 5 lines of talk and text at no extra cost. so all you pay for is data. choose by the gig or unlimited. and ask how to get a $200 prepaid card

stuart varney 9:00 a.m.head, why was i looking away in because santa claus is coming to down, in the studio right now this is a my charlie dog came from new york's atc we have two dogs need adopting in the studio -- merry christmas guys, yeah. hi buddy, high. ♪ who let the dogs out? ♪ half a gallon of gasoline up in the air. that amounts, over the course of the week, to about 10 pounds of carbon dioxide. growth is good, but when it starts impacting our quality of air and quality of life, that's a problem. so forward-thinking cities like sacramento are investing in streets that are smarter and greener. the solution was right under our feet. asphalt. or to be more precise, intelligent asphalt. by embedding sensors into the pavement, as well as installing cameras on traffic lights, we will be able to analyze the flow of traffic. that data runs across our network and we use it to optimize the timing of lights, so that traffic flows easier and travel times are shorter. who knew asphalt could help save the environ

varney, take it away. stuart: thank you very much, indeed.ast day of trading before christmas. it's all bad news from the bitcoin market. the price dropped by about a quarter overnight, you can call it a correction or pullback, i will call it a crash. the price is now in the 12,300-dollar range, right there on your screen. in half an hour, some of those companies that just changed their name to include the word block chain, they are

here's stuart varney. stuart: thank you very much, indeed. welcome to the show. smile.om tow 25,000. -- dow 25,000. how about that? good monday morning, everyone. the president wins big on tax cuts, and investors from all over the world are piling into our market. we will open at record highs across the board. the dow will be up over 200 points. please remember, we crossed 24,000 just last wednesday. on this program you'll hear from market watchers who say we'll hit 25,000 this year, maybe before christmas. here's a taste

here is stuart with "varney & company." stuart: good morning, everyone. number one, roy moore loses. number two coming deep state trump haters revealed. fox news has those attacks. they are damning. that is where we are going to start. text messages from peter strzok reveal political bias and personal animosity towards donald trump. strzok is the fbi agent who played a key role in the investigation of hillary clinton's e-mails. in the middle of the investigation march 2016, they called donald trump and 88 and hillary should win 100 million to zero. it goes downhill from there. that is clear political bias, contempt for the president trump inside the investigation. today we will pill back the layers of the story. you will see the deep state of work. now look at this pivot 99% of the vote counted, democrat doug jones at wheaton republican roy moore in the alabama senate race. a defeat for president trump for backward more. it is a defeat for the republican party which will have a slim 51-49 majority in the senate. democrats much stronger than the 2018 elect

here is stuart with "varney & company." stuart: good morning, everyone.. fox news has those attacks. they are damning. that is where we are going to start. text messages from peter strzok reveal political bias and personal animosity towards donald trump. strzok is the fbi agent who played a key role in the investigation of hillary clinton's e-mails. in the middle of the investigation march 2016, they called donald trump and 88 and hiar

"varney and company" begins at 9 am right after "mornings with maria".nce too? we break down whether it is right to buy coverage for your 4-legged friend coming up. ♪ ♪ from the very beginning ... it was always our singular focus. to do whatever it takes, use every possible resource. to fight cancer. and never lose sight of the patients we're fighting for. our cancer treatment specialists share the same vision. experts from all over the world, working closely together to deliver truly personalized cancer care. and these are the specialists we're proud to call our own. expert medicine works here. learn more at cancercenter.com appointments available now. dagen: caring for your 4-legged family member, jeff flock shows is the growing business of pet insurance. jeff: these are like surrogate babies for us a lot of them. bob jackson sounded -- we are in a place -- what is this, pet club in chicago and this is day care for dogs. healthy pause pet insurance, is this taking off? >> pet health insurance is one of those things few people know about and that is one

and company," what were your favorite moment, the third hour of "varney and company" is going to starte amazon a lot and three quick reasons, they own online shopping, and except for microsoft stuart's favorite stock. charles: the stock down 6 points but i want to know what other stocks we should be watching, we happen to like dollar general. >> it is boring but three things happen as a result of what amazon happened in this ecosystem. anyone who tries to compete with amazon, buying brick and mortar again and there is going to be companies that prosper because of their niche, dollar general is one of them. i don't own the stock but i own a lot of the real estate dollar general's are on. 900 stores opening up this year, 14,000 stores already opened, this is an impressive company. charles: does it help them to be in a lot of rural areas? does that make them amazon prove to a degree? >> it does. if ever there has been a company that is amazon prove it is this company, they are in rural areas dealing with the more impulse items, toothpaste, toilet paper, things people aren't going to order

and the third hour of "varney & company" is about to begin., the story of the day. voting starting this hour in the senate. blake burman at the white house. blake, identify got to believe that the -- i've got to believe that the white house is totally confident they've got the 50 votes, right? >> reporter: the phrase i was given is they feel the 50 are locked in. however, there is a cautionary tale here, and that is the health care vote. the example that was given to me saying, look, you do not want to go to the floor with just 50 votes, so they are still trying to get some more, 51, 52 added in. the bottom line though is on this day the numbers keep on pushing toward their favor as you just laid out. ron johnson and steve daines who were holdouts over what would happen through pass-throughs, he was come in as yes votes, so that leaves a few here to look forward to, bob corker, jeff flake and susan collins, though i am told, stuart, here at the white house they are not necessarily worried about collins, it is corker and flake and their deficit

"varney & company," watch it live. ♪ chaos out here!, accumulations up to 8 inches... ...don't know if you can hear me, but [monica] what's he doing? [lance] can we get a shot of this cold front, right here. winter has arrived. whooo! hahaha [vo] progress is an unstoppable force. brace yourself for the season of audi sales event. audi will cover your first month's lease payment on select models during the season of audi sales event. ashley: senator al franken set to speak from the senate floor within the next hour. let's bring in fox news's chad pergram. chad, we assume, by all accounts that he will resign. i guess the next question is, what happens next? >> well what you do when you resign, if that in fact what happens, you resign to the secretary of the senate. in this case the secretary for the minority as well, and you resign to the governor. the governor would have to declare this seat vacant. then minnesota, the governor would have to determine if there will be a special election or appoint someone. keep in mind how critical this

so earlier today, we sent our colleague, stewart varney. we ordered something.o it went into one of these little scan guns. that is the first step. then basically you go in to these stacks. so the camera man will move around and just give you a shot of what is in the stacks. when you see them, trace, you'll see that all of those items, they actually look fairly disorganized. there's kind of like sericerealh amazon tablets. it's a mix match. but the algorithms sort it so the correct items get into these very old-fashioned looking but not at all old fashioned when it comes to the bar codes, the packages and then to the elevators and out the door. so stuart varney's team wanted to send them a dvd and took 50 minutes between this location on fifth avenue and 36th street to our studios at 48th and sixth. and his team what they picked out for stuart, they picked out the dvd, "the grinch that stole christmas." i'm sure stuart is not offended at all. >> trace: no, he's a sweetheart of a man. thanks, deidra. fascinating look behind the scenes. thanks so much. we'll be ri

see you on "varney." one of stuart varney's favorite, aren't you is it. >> bright and early.: next up, dow hitting all-time highs, the 8th record close since the election. as senate passed its version of tax reform. intraday it was only 500 points from it is sixth new, 1000 point milestone of year. many think 25,000 is just around the corner. we're awaiting a house vote to take up the bill. as democrats are drumming up class warfare rhetoric to try to stop the tax cuts. roll tape. >> flury of last-minute changes will stuff even more money into the pockets of the wealthy, and biggest corporations while raising taxes on millions in the middle class. >> the federal treasuryç is beg looted tonight! >> it is going to shift money from middle class families to the rich. liz: "washington times" columnist madison joining us. great to see you. >> great to see you, liz. liz: even "the washington post" gave brutal four pinocchio rating that this will slam the middle class. what is reaction what you heard from the class warfare rhetoric? >> this is really sad and pathetic because when yo

"varney & company."oney like possible. it's wednesday. now looks like a longshot. good morning, everyone. close but no cigars. the dow closed tuesday at 24,180. that is 819 points away from 20 5-k. 14 trading days left before christmas. never say never. not with this market. here is how we will open today. lower again, but not by much greater couple hours ago we were down 60. now we are down 25 and c

here to break it down is host of "varney & company" on the fox business network, stuart varney. 64thsince the election? this trump rally is a real thing. >> yes. the trump growth agenda is in place, and it is working. that's deregulation and tax cuts. we've got the best growth rate in a decade, well over 3% now, and the result is the trump stock market rallies. as you said, 81 record highs for the dow industrials since the election of donald trump and over $6 trillion added to the value of all stocks being traded today. now, if you think about it for a second, that's why the democrats are apoplectic of the passage of this tax cut. you've been reporting all morning -- brian: armageddon. >> the end of the world, she says. brian: people will die, larry summers said. >> they're being extreme because they see the writing on the wall. the elections next year we're likely going in with not exactly a booming economy, but a very, very strong economy, prosperity has returned, lowest unemployment rate in, what, 15, 16, 17 years. if that's the backdrop to the elections, the democrats don't want

here is stuart and "varney & company." stuart: i will take it, maria.a few gifts may have come early. good friday morning everyone. last month our economy created 228,000 new jobs. the unemployment rate remains at 4.1%. workers are flooding back into the labor force. sum it up, please. we have better than 3% growth rate, we have a fully employed economist. we're spending big for the holidays. it is called i believe a return to prosperity and the market recognizes that. the hope of even better growth in the future moving stocks prices up this morning. tax cuts kick in soon. there is spending deal and "brexit" deal.

sarah varney begins our report in st. louis.ory was produced in collaboration with our partner, kaiser health news. >> reporter: it's been three years since civil unrest erupted in ferguson, missouri, after a white police officer fatally shot michael brown, an unarmed black teenager. but, for one family, those turbulent days have led to much quieter nights. how are you? >> good. >> reporter: jennifer cummings moved in june into this government-subsidized apartment in the upscale st. louis suburb of chesterfield, with her daughters, simone and samara. and how's your sleeping over here at night? the tidy rental is a calm, safe haven for the working single mother, closer to her job and better schools for her kids. it's a world away from her old neighborhood near ferguson. >> they stole my children's clothes, shoes, jewelry. >> reporter: during the four years she lived here, burglars broke in four times, including last thanksgiving. and both cummings' brother and the father of her children were shot and killed nearby. >> i actually

but as special correspondent sarah varney reports, the battle is not yet over in maine. our story was produced in collaboration with our partner, kaiser health news. >> reporter: donna wall cares for her three adult autistic children at her home in lewiston, maine. it's a full-time job. her sons christopher and brandon have frequent outbursts and the stress of tending to them can be overwhelming. when her sons turned 18 a year and a half ago, maine's medicaid program dropped her health insurance. wall is considered a "childless adult" in maine and other states that didn't expand medicaid, and so she isn't eligible for coverage. she can no longer get her anti- depression and anxiety medications. she can't see her psychologist or a doctor to check up on a troubling spot on her eye. she needs to stay whole, she says, for her kids. >> i mean i'm 60 years old, things start going wrong when you get older, and i haven't had a pap smear, or breast exam in two years, you know? i'm just worried something will happen to me because who is going to take care of them? it's a big job,

no, it was reg varney, soss the queen? no, it was reg varney, soss the 1970s sitcom star.h machine. it would have been interesting if they put a cash machine on a bus. they did not think it through. now, commuters really don't understand how we are seeing higher railfares don't understand how we are seeing higher rail fares compared to the rest of europe. i have done so many interviews with various characters in this role story, from transport ministers to computer representatives —— commuter representatives, and no one can pinpoint why it is so expensive to travel in this country. if you want to talk about social mobility, it is key to oversee getting the country moving in the right direction. trying to get a train from one part of the country to another can cost you the equivalent of a weak puzzler wages. and they are going up again the new year. they are going up again. —— a week's wages. latvian trains, 5p again. —— a week's wages. latvian trains, sp to every 50p spent here. if you look at the prophet bates, it's only a tiny bit. they have also look further, and this i

& company" stuart varney big point here, how do you think republicans will tackle spending cuts. >>r ryan in radio interview yesterday in wisconsin, said the following. republicans will aim next year to reduce spending on federal health care and -- sounds to me stepping on third rail of american politics going at social programs reducing spending on them, it is all an attempt to you know lower the deficit, and tackle the debt, now, that is a very contentious issue if you thought politics was contentious this year, nancy pelosi saying it is armageddon tax cuts, larry so manyers saying 10,000 die because of tax cuts if you thought that was contentious wait until next year when republicans have a go at reigning in medicare everybody knows you've got to do this, because that is the driver of the massive debt one of the drivers massive debt they will be demonstraagogued to death,ism protecting explosive political year worse than the one we have gone through. >> i think you make a great point what should we do watch the debt continue to increase? under president obama dagen department pro

stuart varney.n area where president trump is winning and the democrats are actually not doings terribly well. point number one, we have the best growth rate in a decade. number two, we have the lowest unemployment in 17 years. number three. we got this jobs report for november. we are gaining speed. gaining momentum. there are 1,000 new manufacturing jobs created every single day in the month of november. and now we're getting tax cuts pretty sure we are getting tax cuts. more spendable cash on the part of consumers right from the get-go in january plus more business investment i think this is a forecast, an opinion. 4% growth next year. griff: because of the tax cuts. >> in part. have you infrastructure plan coming, too. i don't know whether that's going to be successful. but it's on the cards to get in place next year more spendable stimulus for the economy. griff: is it fair to say in the first year the regulations the president dealt with got us to the g.d.p. over 3%. add tax cuts it's only goi

here so weigh in stuart varney, host of "varney & company" on fox business.end of the year it will hit 25,000. is that okay with you? brian: do we have sense of tax plan? >> market, investors like the tax plan because it gives enormous benefits to business. they will supposedly go out and reinvest their savings and boost the economy, grow the economy, hire more people. very good for the stock market. ainsley: here is prediction stuart, people said if donald trump was president of the united states in next term the stock market would go straight into the dumper. >> it didn't, now, did it? i remember professor paul krugman at "the new york times," the market will never recover. it's a terrible thing. it will never recover. in fact we have gone up 30%, a cross the board. up never seen a rally like this. steve: 25,000. >> this is rally we've not seen before, in my lifetime, i'm a lot older than you are, you have never seen this before. don't tell me most americans don't share in this. they do. brian: how? >> tens of millions of people have a pension plan, whether

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maria: have a great day, here is stuart varney, have a great day.ed them. good morning, everyone. speaking of the family, albert foxcon says we have seen our children as young as 4 year's old held out in the cold, detained as their parents were questioned. a teenager, he says was pull out of high school class and interrogated without a lawyer. outrage. came here as a chain

liz: christine varney is part of the army of attorneys.rmer antitrust official under president obama, and she was actually the decision-maker when the government approved comcast and 2011.iversal back in she agreed to impose the set of behavioral conditions onto the forany in exchange regulatory approval. the twist is the current appointed byorcer president trump does not believe those conditions work and are a good idea, which is why we are here in court today. kevin: that is a really interesting point. now that this is making its way to the judicial system, does president trump or do any lawmakers in congress -- they can tweak and make some noise, but really now is it making its way through the courts and lessen the political arena? liz: right. it is in the hands of an impartial judge that is supposed to hear arguments from both sides and determine how the law applies in this case. crampton, antitrust reporter with bloomberg law. think you so much for joining us outside the u.s. courthouse in washington where we are expected to have info

corey lewandowski will be on "varney & company" to respond to the allegations at 10:45 a.m. sheila jackson lee saying she was a quote come easy target. the texas congresswoman alleges racism with the accusations that she refused to show treatment on the flight last week. this comes after passenger claimed the key of the first class seat to the congresswoman. and historic magnolia tree printed by president jackson will be removed because of a safety risk. first lady melania trump made the decision after reviewing reports about the trees conditions. meanwhile, "newsweek" is criticized over misleading treat about the story. it says melania trump ordered the removal of a mere 200-year-old tree from the white house and that is what is happening now. train adam: mitch mcconnell forecasting some bipartisanship in 2018. the executive director of the national diversity coalition for president trump. also number the 22 and eight advisory board. thank you for getting a this morning. >> thanks for having me. >> i do recall last week or a few days ago when senator mcconnell did indeed sa

ainsley: here to weigh in stuart varney, host of the "varney & company" show on the fox business network it will give us growth in the economy next year. and tens of millions of people will get a higher paycheck in february of next year. there's our answering your question. what else do you want to know? steve: marco rubio. because he wants more dough in the child tax credit. stuart: here's what has happened. they've taken money away from big businesses. about $100 billion spent over a ten-year period and marco rubio and senator lee want a piece of that 100 billion. so they're saying i want more in that child tax credit and i'm not going to vote "yes" until more. steve: right now 87 billion. >> it's sausage making at the very last minute. you also have senators corker and flake still publicly worrying about the deficit. but they're not saying i'm voting "no" because of the deficit. and you do have john mccain of mississippi. they are not well. john mccain is in the hospital. you have to be on the floor of the united states senate to cast a vote. so there's some element of doubt there. so

stuart varney will be here, he was born in england, now he is an american it wants to talk about theresponse to jim jordan, convinced the fbi did not want donald trump elected, he will expand on that. don't miss a minute and i urge you to get dressed. un-stop right there! i'm about to pop a cap of "mmm fresh" in that washer. with unstopables in-wash scent boosters by downy. ah, it's so fresh. and it's going to last from wash to... ...wear for up to 12 weeks. unstopables by downy. >> republican lawmakers demanding a house investigation after a scathing report, and to keep iran nuclear deal from blowing up in their hands, politico claims the former administration undermined a federal operation to stop the militant group known as hezbollah allowing this group to traffic drugs and guns worldwide, morgan ortegas, in the un saying this earlier about how that could have impacted americans. >> hezbollah fighters, continuing in the middle east, they could attack here. >> obama officials insisted is an effort to help solly ran's nuclear program and they were going to keep that in place accordi

we'll follow up on this, stuart, from the interview with stuart varney, an interesting investigation maybe back and forth with gary cohn that the white house would be open to lowering the top rate maybe as far down as 35%. that's just coming from a negotiating standpoint where they want to trade a lot of things back and forth where, they are going address not only what's happening with the economy firing on all cylinders, given the latest unemployment report but the idea they can goose it, everybody gets a tax cut, we're exploring that now with charlie gasparino, mike murphy and last but not least dagen mcdowell. is this thrown out there, dagen, lower the top right. i don't know how likely that is. the senate plan would bring it to 38.5%, what do you think? >> because i'm a nerd, i carry this around. this is an editorial in the "wall street journal" from the other day how to help the high-tax states, about that very thing, calling for lowering of the top tax rate. in the senate bill, it's 38.5%. in the house bill, it's 39.6%, but actually because of that onerous additional rate for t