"varney & company" begins right now. stu, take it away. stuart: good morning, maria. good morning, everyone. ladies and gentlemen, we're looking at the fastest recovery in stock market history. it took six years to recover from the financial crisis. it's taken just six months to recover from the virus. the federal reserve is printing dollars by the trillion, income is strong, jobs are coming back, and if trump wins, we will get tax cuts and more growth. that's why your 401(k) looks so good. in my opinion, all bets are off if the biden/harris/sanders ticket wins. look at this. right now the dow industrials at

"varney & company" begins right now. stu, take it away. i'll see you in 30 minutes' time when i ring the opening bell. stuart: i want -- is it dusty? is that the name? dusty? maria: yes, dusty. stuart: i want to see dusty and maria a half hour from now. that's great. congratulations, maria. congratulations. good stuff. all right. maria: thank you, stu. stuart: sure thing. good morning, everyone. listen to this. the president wants the treasury to get a piece of the tiktok sales price. he says america opened the door to the deal so america should get some of the money. chinese state controlled media call this open robbery. it's not clear just how the

more "varney" after this. or what's trending. market. it's smarter trading technology for smarter trading decisions. fidelity. i'm an associate here at amazon. step onto the blue line, sir. this device is giving us an accurate temperature check. you're good to go. i have to take care of my coworkers. that's how i am. . . i would do it in a heartbeat. some companies still have hr stuck between employeesentering data.a. changing data. more and more sensitive, personal data. and it doesn't just drag hr down. it drags the entire business down -- with inefficiency, errors and waste. it's ridiculous. so ridiculous. with paycom, employees enter and manage their own data in a single, easy to use software. visit paycom.com, and schedule your demo today. stuart: tomorrow it is "friday feedback." you have time to send us your comments, questions, suggestions. e us at varneyviewers@foxbusiness.com. tweet us, or send a video. keep it short and to the point. >>> i have to get back to this, we found that president trump said, children, quote, a

more "varney" after this. ♪ an army family who is always at the ready.c. they got a bigger car for their soon-to-be-bigger family. after shopping around for insurance, they called usaa - who helped find the right coverage for them ... easy. some companies still have hr stuck between employees and their data. entering data. changing data. more and more sensitive, personal data. and it doesn't just drag hr down. it drags the entire business down -- with inefficiency, errors and waste. it's ridiculous. so ridiculous. with paycom, employees enter and manage their own data in a single, easy to use software. visit paycom.com, and schedule your demo today. stuart: before we leave you one last check on the two most remarkable stocks of the day. apple is now up a mere $15 at 488 and tesla is up $42 at $ 2,044. they stole the show today. what a spectacular performance, the two very big name companies. my names up but david it's yours now. david: best thing i ever did stu was buy apple in march of 2009 at the low point of that recession and i held on to it for a wh

david asman in for stuart varney. "varney & company" about to begin. david: let's get a check of the markets and as you can see, the futures are down on the s&p and the dow jones but up again on nasdaq. meanwhile, it's been 100 days since that march 23rd bear market low. come in, ashley webster. ash, we have seen a historic market reaction, a bounce-back, right? since hitting the lows on march 23rd? ashley: absolutely. good morning to you. since hitting those lows back in march, hundred day stretch going all the way back to 1933 after the great depression. the s&p, up 51% in that period. the dow up more than 50%. the nasdaq up more than 60%. really quite remarkable. people coming into the market and saying there are some bargains and ever since we have gone up, up, up. few dips along the way, of course, naturally, but has been a remarkable run. let's take a look at some of the stocks. i put the year to date numbers on these, not just the last hundred days because they are remarkably impressive. take a look at paypal. amazon, regeneron, netflix, clorox,

more "varney" after this. from fidelity.ny amount you choose instead of buying by the share. . . . my name is christine payne, i'm an associate here at amazon. step onto the blue line, sir. this device is giving us an accurate temperature check. you're good to go. i have to take care of my coworkers. that's how i am. i have a son, and he said, "one day i'm gonna be like you, i'm gonna help people." you're good to go, ma'am. i hope so. this is my passion. if i can take of everyone who is sick out there, i would do it in a heartbeat. if i can take of everyone who is sick out there, about medicare and 65, ysupplemental insurance. medicare is great, but it doesn't cover everything - only about 80% of your part b medicare costs, which means you may have to pay for the rest. that's where medicare supplement insurance comes in: to help pay for some of what medicare doesn't. learn how an aarp medicare supplement insurance plan, insured by united healthcare insurance company might be the right choice for you. a free decision guide is

"varney & company" starts right now. david: let's get right back to the july jobs report and bring in first trust adviser's chief economist brian wesbury. good to talk to you. what do you make of these numbers? >> great to be with you, david. you know, a lot of people worried that because some states shut down, that this number would be bad. obviously, it blew them away, it blew the consensus away, and things continue to improve in the economy. i just want to make two distinctions because on one hand we have governors and mayors who shut things down, but on the other hand, america is a free country, people want to get out and when we look at all 50 states, there are nine states right now where the numbers for covid are actually worse this past week than they were the previous week. those nine states only make up about 17% of the u.s. economy, of the u.s. gdp. so what i believe is happening is that people are looking at the numbers and deciding that they want to go out and that's what we saw. retail activity and leisure a

more "varney" after this. ♪. stuart: oh, yes. playing that song because of a reboot of the hit show, "the fresh prince of bel-air." it is in the works. will smith will be the executive producer. anything more on this, lauren? lauren: it is 24 years later. the new "fresh prince of bel-air" will be a drama. currently in the works. they're shopping it around to streamers, networks, hbo max, peacock. reboots are huge, especially if the original cast is involved. so, yes, that is will smith. he will not be the fresh prince himself but he will executive produce this drama, called bel-air. it is based on a morgan cooper video. like a fan based video. you're looking at it. it went viral last year t sparked this whole production. a quarter century later we get a new "fresh prince of bel-air." stuart: can't wait, lauren. disney stock here, there is a new story, they're scaling back disney world hours. that starts in september, but they're scaling back the hours. eddie soto is back with us. he is a former disney imagineeer. it has lost the

maria: have a great day, everybody, varney & company begins right now. stu, take it away. stuart: good morning, everyone, the state of the economy front and center for voters today. larry kudlow joins us in a moment, do we need more stimulus, larry 3 minutes away from all the answers. here is the backdrop for interview, new claims for unemployment 1.106 million, this is a key indicator for getting back to work. that's not a good number because the number of claims has gone up from last week. the federal reserve says the virus is hurting america's growth rate and job creation, now if you put the fed statement and higher jobless claims together, that's what's pushing stock prices down this morning. look at it. the dow is off about 100, s&p 60, nasdaq about 31, more on that in a second. all right, did you watch night 3 of the democrats convention? it was hate trump night. speaker after speaker layed into the president in personal terms. he gets the blame for everything. seems to me like the democrats have not gotten over their loss 4 years ago. the president was live tweeting

second hour of varney & company is about to begin. keep us completely in the dark. he doesn't have a clue. he has pledged a $4 trillion tax hike on almost all-american families which will totally collapse our rapidly-improving economy. on the other hand just as i did in my first term, i will cut taxes even further, for hard working moms and dads. stuart: now i like the sound of that. cut taxes even further? he's teasing more tax cuts to come. while at the same time as you heard, slamming joe biden's tax plan and his economy plan. look whose here, jonathan hoenig on a friday morning. big smile. i take it you liked what you heard from the president last night? >> stuart, the president's speech last night, for me, was frustrating not just because it was long, i did do two loads of laundry in the time it took him to do the speech but because of his alternatives, stuart. the president presents himself as the capitalist alternative to joe biden's socialism and certainly talks of higher taxes under joe biden are that rattles markets and cert

more "varney" after this.ost in the economic uncertainty. the volatility. the ambiguity. the moment calls for more. and northern trust delivers more. with specialized expertise. proven strategies rooted in data and analytics... and insights borne from over 130 years of successfully navigating economic turbulence. giving you clarity. inspiring confidence. and helping you uncover new paths forward. northern trust. wealth management. lively hearing aids have been a game changer for me. the process with lively. is insanely easy, you take a hearing test on your computer the doctor programs it, it shows up at your house a few days later. you can stream calls or music through it, it's got multiple settings, audio adjustments, so you can raise and lower the levels. but it's a fraction of the cost of the other devices. it's instilled some confidence i didn't have before. try lively risk free for 100 days. visit listenlively.com it was 1961 when nellie young lost her devoted husband. without him, things were tough. her

third hour of "varney" just got started.y xfinity mobile lets you choose shared data, unlimited or a mix of each. and switch anytime so you only pay for the data you need. switch and save $400 a year on your wireless bill. plus, get $400 off when you buy the new samsung galaxy note20 ultra 5g. >> he's willing to turn down $1.3 trillion of help that goes to the american people because she would rather them have nothing than to give way on what her fantasy -- >> that can't be. >> she said 2.2. she said don't do anything at all, chuck. i said, what does the 2.2 represent? you know what her response was? i'm not going to tell you. let me fill in the blanks. that's not a proper negotiation. stuart: okay. this is all -- that's mark meadows, president trump's chief of staff. he said, look, nancy pelosi rejects everything. it's all or nothing. it's either my 2.2 trillion deal or nothing. stephen moore is with us. he's a member of the president's council -- economic recovery task force, i should say. stephen, good to see you again. >

all right, everyone, more "varney" after this.ll with no commissions. stocks by the slice from fidelity. get your slice today. ... looks like they picked the wrong getaway driver. they're going to be paying for this for a long time. they will, but with accident forgiveness allstate won't raise your rates just because of an accident, even if it's your fault. cut! sonny. was that good? line! the desert never lies. isn't that what i said? no you were talking about allstate and insurance. i just... when i... let's try again. everybody back to one. accident forgiveness from allstate. click or call for a quote today. >>> i don't think that there should be any debate. i do not think that the president of the united states has come ported himself in a way that anybody has any association with truth, evidence , data, and facts. i wouldn't, i wouldn't legitimize a conversation with him. stuart: i wouldn't legitimize a conversation with him, him being the president of the united states. i don't think there should be any debates. that was spe

you still have time to send us your comments, suggestions, email us at varney viewers at at at @varney50 points. the s&p essentially flat at 3381. nasdaq has been the stronger of the three. take a look at crude oil. iaea said reduced demachined expected through 2021. my time is up, but i'm expecting a suggestion from neil cavuto in tomorrow's "friday feedback" he sent me was get off the air. neil, it is yours. neil: that's not true. i finished one. i hope you can use it. dear, stuart, use ashley all the time. i wanted to keep it short and sweet. ashley: ah. neil: you don't know the kind i get, cut out magazine letters and, no. thank you, my friend, very, very much. ashley webster is such a great guy. always working these incredibly long hours. obviously some surprises he got into with you today.

more "varney" after this.ike liberty mutual. they get that no two people are alike and customize your car insurance so you only pay for what you need. what do you think? i don't see it. only pay for what you need. ♪ liberty. liberty. liberty. liberty. ♪ you say the customer's maklet's talk data.s. only xfinity mobile lets you switch up your wireless data whenever. i accept. 5g, everybody is talking about it. how do i get it? everyone gets 5g with our new data options at no extra cost. that's good. next item, corner offices for everyone. we just have to make more corners in this building. chad? -your wireless, your rules. only with xfinity mobile. now that's simple, easy, awesome. switch to xfinity mobile and save up to four hundred dollars a year on your wireless bill. plus, get two hundred dollars off when you buy an eligible phone. stuart: well, look at that dow industrials go. we're up 266 points. by the way, there's another big day for earnings reports. some big names reporting after bell this afternoon. w

the "varney & company" begins right now. stuart: good morning, everyone, what a way to start a new week, vaccine news, virus treatment news, new cases trending down, the market rallies big time, apple, tesla, big tech, they're all taken off again and the president is about to kick off the republican convention. start with this, warps bead for a vaccine, the financial times reports the administration will consider fast tracking the virus by britain astrazeneca. get it out there by the election. the truck teen will give emergency use authorization to a new virus treatment using plasma from people who already had over 19. it's called convalescent plasma, it reduces the rate significantly in one big study. investors love the positive news on the virus and with new cases in america trending firmly down we have a monday morning market rally, the dow industrial is up 270 points, s&p up 28 and look at that nasdaq, were looking at again at well over 1%, 123 points for the nasdaq. this is very much a big tech rally all over again. app

there will be more "varney" after this. from fidelity.mount you choose instead of buying by the share. all with no commissions. . . . shingles doesn't care. i get as much fresh air as possible. good for you, but shingles doesn't care. because 1 in 3 people will get shingles, you need protection. but no matter how healthy you feel, your immune system declines as you age, increasing your risk for getting shingles. so what can protect you? shingrix protects. for the first time ever, you can protect yourself from shingles with a vaccine proven to be over 90% effective. shingrix is a vaccine used to prevent shingles in adults 50 years and older. shingrix does not protect everyone and is not for those with severe allergic reactions to its ingredients or to a previous dose. the most common side effects are pain, redness, and swelling at the injection site, muscle pain, tiredness, headache, shivering, fever, and upset stomach. talk to your doctor or pharmacist about protecting yourself with shingrix. shingles doesn't care. shingrix protects. [ind

"varney & company" begins right now. stu, take it away. stuart: i shall indeed. good morning, maria. good morning, everyone. look what we have for you today. an indicator of a strong economy, a market close to yet more record highs and the start of the democrats' virtual convention. the socialists are running that show. more about that later. >>> first off, two major retailers showing excellent results for the middle of the calendar year. walmart doubled its online sales. we were out there spending our stimulus checks with bricks and mortar sales soaring at walmart. home depot, i guess we were all remodeling big-time during the lockdown. profits went straight up, sales straight up. those tools, wallboard and paint, just ran off the shelves. these two companies are economic indicators. they are doing well. the economy apparently recovering nicely. >>> as for the overall market, well, the dow, that's close to the 28,000 level this morning, up about 40 points at the opening bell. the s&p, that's just a couple of points away from an all-time high. the nasdaq, already

"varney & company" is about to begin. stuart: i really do want to know more about vladimir putin's claim that russia has made the world's first virus vaccine. lauren, okay, his daughter's taken it. what else do we know? lauren: she has and we know that moscow has registered the first covid vaccine. this is much like the cold war space race, stuart, but it's a vaccine race. in fact, russia's calling this vaccine sputnik 5 but the clinical trials were short, they were accelerated, it was tested on animals and only 76 humans, far less than what the fda requires here at home and that is raising serious doubts about the safety of russian vaccine, that it is looking to export to the world. but it hasn't set up manufacturing or distribution channels to do that yet. this is how our manufacturers of potential vaccines are responding to the news. yes, most of them are down, but this underscores the importance of getting a vaccine on the market. stuart: you are talking about biontech and novavax, which we have on the screen now. bot

i'm ashley webster in today for stuart varney.omorrow. >>> home depot, apple and walmart all hitting all-time highs this morning. good way to start the day, is it not. there we go. home depot up two, apple has since pulled back a little, down 1.5 bucks, .33%. walmart up 2% at $135. by the way, we have been following this for awhile, it feels like. the s&p could hit an all-time high today. good time to bring in susan li. by the way, susan, goldman sachs just boosting its forecast on the s&p. susan: yeah, calling for 3600 at the end of this year, raising its target by 20% at the end of 2020. we are very close, by the way, to intraday record 3393 is what we are looking for. as for the close, we need a closing record for the s&p at 3386 and the last time that crossed was february before covid hit, of course. we are within striking distance, posting three straight weeks of gains for the s&p. even as tech has done most of the heavy lifting so far this year, it's mostly the recent rally we have seen in energy and financials have now push

is next, take it away with "varney & company". stuart: thank you very much indeed and good morning to you. good morning, everyone. you are watching financial history, and extraordinary five-month stock market rally and a series of record highs for the s&p and the nasdaq, the dow is back above 28000, that is 10000-point higher than marc march 23, a trillion dollar valuation for several tech companies, 2 trillion for apple. the market is looking at the other side of the virus. new cases down, vaccines and treatment on the way, election risk sideline for now in china and the u.s. keep talking trade, we don't know when this thing ends or how much further it goes. sit back and enjoy the ride, today is august 25, the dow of 378, yesterday up another 150th opening bell today, the s&p record high close up some more this morning. the nasdaq looks like it's going to be down a few points. we're going to show you apple, premarket trading worth $2.15 trillion and there is speculation that there is iphone production to mexico, more of that in a

"varney & company" begins right now. stuart: good morning, everyone, a day of record high tuesday and yes on this wednesday morning yet another day with technology chimes. look at this. he is a free market quote and using facebook up again after the record yesterday is now pushing towards 300 bucks a share, microsoft, they are up this morning, a buck 33 moving towards $220 a share. amazon, dare i say it's making a move toward $3400 a share down 49 cents today, 3346. you gotta see tesla, jeffries is alien that stock could go to $2500 a share, maybe 3000, it's up 23 bucks premarket. as we keep saying, you are watching history. the open today, the dow is going to be down about 20 odd points, then we have the s&p, it's hit 17 new highs this year, it'll be up again this morning, the nasdaq has hit 38 highs and up again first thing this morning. blockbuster economic news, google good orders come up 11%. that is money, now politics. an audacious second night at the republican convention, the president parted a bank robber, then

"varney & company" begins right now. stu, take it away. stuart: good morning, maria. good morning, everyone. ladies and gentlemen, we're looking at the fastest recovery in stock market history. it took six years to recover from the financial crisis. it's taken just six months to recover from the virus. the federal reserve is printing dollars by the trillion, income is strong, jobs are coming back, and if trump wins, we will get tax cuts and more growth. that's why your 401(k) looks so good. in my opinion, all bets are off if the biden/harris/sanders ticket wins. look at this. right now the dow industrials at the 27,700 level. remember, it was 18,000 on march 23rd. the s&p, what, nearly 3400. new all-time high. the nasdaq well over the 11,000 mark. who would have thought of that. add it all up and yes, we are now in a brand new bull market. >>> here's another reason for the rally. terrific performance from major retailers, target, out today with a blowout report. online sales nearly tripled. it was target's best overall growth rate ever. that stock is going straight up

varney in the whole team thanks for watching take care and stacy. kick off. jane tucson shows. what makes more good live and also be so consistent. and who can use their heads when the time is right. we look into these and other secrets in a strictly scientific manner of course. and share our answers with your. public. levanon in the grip of hizbullah the so-called party of god controls large parts of politics and society. after the explosions on the shore the situation in the entire country has taken a dramatic turn the political climate is unstable a country held hostage levanon close on. 60 minutes t w. we know this is a scary time for the coronavirus is changing the world changing our lives so please take care of yourself good distance wash your hands if you can stay at how we are do w. for here for we are working hard we're sitting here with informed on all of our platforms we're all in this together until. and we'll make it. a cigar box. very soon stay safe areas stay safe. the science of the bowl is there any such thing as 100 percent scoring chance what's the secret of

the central russia hospital which treated him out there were no traces of a toxic agent in alexina varney's blood. yes actually it would have been easier for us to choose a treatment strategy for we had known for a fact that we were dealing with poisoning but it took a while and by 12 o'clock would receive results from 2 labs one in tomsk and the other in moscow they both said that no substance that could be classified as poison had been found it was important for us to remove the poisoning theory so we could do a better job treating mr novell name. novell me who's still in a coma has been receiving treatment in berlin and since saturday now the german medics have yet to make any comment on a possible diagnosis artie's peter all of a joins us outside the medical facility where the activist is being treated well x. in the valley arrived here in berlin on saturday after taking ill all my flights on thursday going from siberia to moscow where the plane had to make an emergency landing in almost we just heard from the medical team there all we know so far about this conversation is that he's in

take the muzzle off our experts so the public gets the information they need and deserve honest on varney's truth they can handle it have a national mandate to wear masks not as a burden but as a patriotic duty to protect one another in short will do what we should have done from the very beginning our current president's failed in his most basic duty to the nation he's failed to protect us he's failed to protect america and my fellow americans that is unforgivable as president i'll make you a promise i'll protect america i would defend us from every attack scene and scene always without exception every time i look i understand i understand how hard it is to have any hope right now and this summer night let me take a moment to speak to those of you who have lost the most. i have some idea how it feels to lose someone you love i know that deep black hole that opens up in a 1000000 a chest and you feel like you're being sucked into it i now mean cruel and unfair life can be sometimes but i've learned 2 things 1st your loved 1 may have left this earth but the never leave your heart so always b

in a siberian hospital becomes a global person of interest's and that's what happened when i say varney fell ill on a flight to moscow forcing the k. to make a must slanted to her 820 local hospital numerous toxicology tests were run all the results came back negative. for a wide spectrum of synthetic substances including inhibitors or negative also on admission to the hospital there was no clinical picture specific to the colon mystery's inhibitor group fast forward a few days new colleagues still in interest coma had been airlifted to a specialist and then more tests were run and it could have a call for the kind that's raising him to group was found the exact substance so remains unknown and almost a week later no updates the russian doctors have saved his life in those crucial early hours one to exchange data to better understand the initial findings of their colleagues but somehow already decided who it's best to believe so don't even need to wait for the final results after all but it's all just for have put it was not in charge of the army is 20 twentieth's a good script out but

larry kudlow, the president's top economic adviser, today told stuart varney that one of the things that the white house feels president trump can do with an executive order is to extend the eviction moratoriums because that deals with federally backed loans or at least deals with the loans that are federally backed. when you talk about -- start talking about what we can do via executive order, and you start talking about that openly, it really goes to show where things stand at the moment when the discussion is what we can do if there is nothing legislatively at all. liz? liz: you also risk triggering some type of domino effect for anybody who owns rental buildings. mr. trump himself will be watching all of that. blake, thank you very much. blake burman. by the way, we will hear more about what president trump has to say about the negotiations today, because he's joining lou dobbs tonight, 5:00 p.m. eastern time. in just a couple of hours. don't miss it. >>> with the closing bell ringing in 51 minutes, the dow, well, weave've got a nine handl here. ralph lauren ripping at the seams in t

we heard some of that when he told our stuart varney this morning that the downturn had nothing to do with their policies leading up to this pandemic and also presented an optimistic outlook for jobs and businesses. the biden campaign is offering their rebuttal today, saying the economy was great because of obama/biden and it's not now because of trump, not the pandemic. >> we heard about the great economy that donald trump inherited from barack obama and joe biden, but not a morsel of regret for how trump's failed leadership has squandered it, starting even before covid hit. reporter: secretary of state mike pompeo will also deliver his remarks from jerusalem and first lady melania trump will speak from the newly refreshed rose garden. those two speeches happening while accusations are swirling about whether or not they violate the hatch act by spending taxpayer money to hold those campaign events but liz, the white house has pushed back on that, flatly saying look, any expenditures whether it's at the white house or pompeo's speech in jerusalem, are going to be covered by the campai

larry kudlow spoke with stuart varney today said one of the things the president could potentially do extend the eviction moratorium that would deal with the hypothetical executive order with federally backed loans. white house views something they could potentially weigh in on via executive order should there not be any sort of deal up on capitol hill. back to you. jackie: blake burman, thank you so much for that. here now talking more about what is going on in washington and the markets, liz peek, foxnews.com columnist, jonathan hoenig, capitalist pig hedge fund founding member. great to see you both, both fox news contributors. jonathan, let's go ahead to start with you. we're trying to work things out in washington. the market is hoping there will be some sort of deal. nothing is nailed down just yet. a lot of american citizens riding out the pandemic are hanging in the balance here. what is the tipping point? how long does washington have to get its act together, basically? >> well, jackie, we're literally in uncharted territory here. both on enormity of the shutdown, slow down,

minute, is it time to make adjustments or what heather was talking about i was talking with stuart varneynd my number one reason for believing that the market believes president trump will be reelected is because the market keeps going up, i don't think it'll go up if there was a sense that biden would win. >> i agree with that, with a little bit challenging here, historically august is a really bad month and like heather said, this is been a tremendously great august, september tends to be more volatile and as we get towards november that will really happen, do look at the market, the hardest place to be is in, it's easier to take your profit and sit in cash and for that reason the market is going to continue to rally but you have to shift to some of those names with is a little more risk, the travel stocks and get out of those names that have taken the gains. charles: i think the second hardest place to be is city nonprofit, the hardest places of professional money managers who set out the whole thing and they wrote look really dumb right now and they better figure it out quick. rob, sc

is next, take it away with "varney & company".to you. good morning, everyone. you are watching financial history, and extraordinary five-month stock market rally and a series of record highs for the s&p and the nasdaq, the dow is back above 28000, that is 10000-point higher than marc march 23, a trillion dollar valuation for several tech companies, 2 trillion for apple. the market is looking at the other side of the virus. new cas

she and stewart varney will join us live to share that moment. u.s. olympia katie, one of the best swimmers in the world. now she is topping it. got milk? there was a time when this represented the future. but this, this is the future. the future of communicating of hearing and connecting with life. and this, is eargo. no appointments no waiting no hassles. and they are practically invisible in your ear. now you see it. now you don't. if you have hearing loss now is the time to do something about it. we're here and ready to help you with your hearing loss. introductory price extended to august 7th call or go online today. >> sandra: fox news alert on this tuesday morning and some wonderful pictures from the past that is our very own maria bartiromo from the fox business network ringing in the opening bell moments from now on wall street set to celebrate 25 years in the business as the first journalist to broadcast live from the floor of the new york stock exchange. we want to bring in stuart varney. he joins us from his program this morning. i know yo

i'm david asman in for stuart varney this morning.d in july. we were expecting 1.6 million so it was a beat. the unemployment rate has come down to 10.2%. it was expected at 10.5%. that was a beat as well. so there is good job news. we have mr. larryw

tempers as anyone on the corn shuck stuffing up the poor man's roulette wheel the only thing that varney ever compass his life was he trained a pair of old nags to call him home dead drunk with drunk would fall out of the tavern, pass out in the wagon and horses would bring them home. that is what he accomplished in his life. grandpa jake, he left home armed with a fifth. education heading for the bright lights of toledo, ohio. he went to work as a buggy mechanic and then one day over swiss buggy pulled up at the shop and grandpa so that insult the future and he fixed that too. it didn't take grandpa long to realize cleaner hands were to be had in more money was to be made selling things instead of repairing them and also grandma and grandpa's wedding anniversary were a little too close for comfort. so anyway he got into the car business and by the time i came along in the 1940s we had old work the weekend grandpa and my uncle owns a dealership in my father was a sales manager in dad's younger brother drove it around and used car lot and my brother jack was a salesman. i ran the parts de

i heard one market pro described it maybe, on "varney"'s show it's something. it is another something and i'm wondering if might not be reliable and the path of russians on this sort of thing is a little bit suspicious it's something. what do you make of that? >> i mean again we've been lied to by everyone. you can't even get people to wear a mask. so now they're going to inject themselves with something that is called sputnik from russias that hasn't been through proper clinical trials? i think it is grasp. i think that the entire narrative around vaccines is potentially grasping. obviously i'm not a doctor and i don't play one on tv but based on what we know about other coronaviruses and he have if i can is i of having vaccines and human nature of people who won't wear masks i think it is unlikely we see a vaccine, we get people to take a vaccine anytime soon and i do think it clouds and takes away from some of the focus around therapeutics. jackie earlier mentioned a couple of them but it seems to me that is much more realistic path than trying to hope we're

larry kudlow told stuart varney earlier this morning that they do not believe an executive order cantending unemployment claims, but they do believe the president can unilaterally take action on the eviction moratorium. interestingly enough, neil, kudlow also shrugged off the idea being pitched by steve moore. for the president to direct the irs to suspend collecting payroll taxes. look here. >> i think strictly speaking, legally, that could be done by executive order. i'm not sure, though, that it would play very well on either side of the aisle in congress. steve's a good guy and he wants to make it growthier, too. i think if you're going to go payroll tax, you're better off cutting the tax rate. reporter: kudlow says he does believe a deal will get done but he stopped short of saying it will undoubtedly happen. on the senate floor, right side of the screen, earlier this morning, schumer described some form of progress. >> i believe we're making progress. we came closer together on several issues. however, we remain far apart on a number of issues, but we're finally moving in the r

we'll be on air at that point with "varney & company." i hope maria will wave, but that is what you will see, maria bartiromo, 9:30, ringing the bell at the new york stock exchange. and now it's neil's time. and, neil, i leave you with a nice solid rally. take it away. neil" oh, sure, nothing like a little pressure. stuart, thank you very, very much. we're following up on what you are reporting, my friend, and that is the big runup in stocks right now. technology is very much in vogue right now as obviously ongoing optimism right now at least about the state of the economy and state of these cases that just at that shows defends deaths in new jersey. the women owners are defying owners. chicago, teachers and parents once again at odds of reopening plans that even parents say are major league screwed up. california, wildfires that are raging out of control right now with no end in sight. talk about impeccable timing? we're on top of all of that. we're focusing on developments in washington where the president is meeting with a number of te

have a great day and a great weekend we will see you tonight at wall street at nine, ten eastern "varneys the big story of the d day, the president wrapping up the convention, the amazing fireworks, all great stuff but let's go with history, let's go with financial history, that is what we are now seeing, we are wrapping up an extraordinary week, jay powell will. a ton of money and keep interest rates very low for years, that is a big help to wall street, great progress with the virus vaccine and test, we can see the way out of the virus mass, that

"varney & company" begins right now. my thanks to this awesome panel. stu, take it away.paign has been censored, silenced by facebook and twitter. the president told "fox & friends" that children are quote, almost immune from the virus. the video clip was posted and then removed on the grounds that it is harmful misinformation. not allowed to say children are almost immune. the trump team fired back, saying the president was stating a fact that children are less susceptible to the virus.