let me send it to "varney and company". stuart: in my 72 years of life, almost 73, i have learned one very good lesson. you don't ever make a comment about a woman's hair. good morning indeed. maria: good morning. stuart: here comes a post covid weekend. unlike the rest of the world america is going to be out and about big time. it has already started. thursday, 2 million travelers passed through tsa checkpoints. this weekend we will get really close to 2019 levels, all across the country very few masks, no social distancing, eating and drinking and socializing, back to normal. on the financial markets the new normal is fear of inflation, it is playing a big role today. governor james bullet sees real rate increases in 2002 because raising inflation, investors don't like that, the market, the stock market and our industrial set to open this friday morning way down. a lot of 230 are points. it had been 300 points a few minutes ago. the s&p down 23, half a percentage point and the nasdaq down 0.4% but 54 points. long-term int

child star, stuart varney. it is rule.gle to get workers. so many people as you know we reported on it, staying home until september cashing unemployment checks. the company is coaching 16, 17-year-olds how to run shops. think about that, 16, 17-year-olds. they have to deal with this, a lot of people, a lot of employees are going to mcdonald's or walmart to get the cash that those guys are offering. stuart: i think that is a great story. encourage youngsters, you make serious money, work hard, do the right thing. here is the place to do it. i love it. >> instead of spending $50,000 a year on college. these 16, 17-year-olds are starting career early. maybe they run a franchise and make 500, a million dollars. stuart: fascinating great stuff. one more for you. about tinder, the dating app. they think online dating is primed for change. do we know what kind of change they're talking about. >> this one is a little weird to me. i've been out of game for some time as you have as well. guess show people your moves on tinder? the

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stuart: varney, stu, here i am. reporter: sorry about that.ubject here, let's throw this into the mix. a mom in virginia who survived maoist china completely eviscerates a school board push to teach critical race theory. watch this. >> growing up in mao's china, the communist regime used the critical race theory to divide people. the only difference they used class indead of race. during the cultural ref vision i witnessed students and teachers turn against each other. we changed names to be politically correct. we were taught to denounce our heritage. red guards destroyed anything that is not communist. this is indeed american version of the chinese communist, chinese cultural revolution. the critical race theory has its roots in cultural marxism. it should have no place in our schools. stuart: yeah, right. take that. thank you very much, ma'am. brian brenberg still with us. look the debate is on. it will be really intense this summer as we go towards the fall classes. where do you stand on this? >> well when you have 8-year-old kids coming h

the varney trivia question.gital world, traded with a touch. the gold standard, so to speak ;) . . stuart: i got it wrong. which u.s. city receives most rain on average in a year. totally wrong. todd piro got it right. it is mobile. mobile, alabama, gets more than five 1/2 feet of rain annually. they get 59 rainy days a year. how did you know that? >> i may have seen it on a episode of my lottery dream home my wife makes me watch. as i'm falling assleep on a 7:00 on friday. stuart: i thought i was dead right on seattle. >> that is why sue tried to fool you. stuart: thought it might be new orleans with the hurricanes. look, i've got 50 seconds left. at which point, 12 noon sharp i'm out of here. you know why i'm out of here. >> you got to watch the soccers. stuart: precisely, let me tell everybody in our viewing audience that england is playing germany at 12 noon today. that is about 40 seconds from now. it won't be as good of a game as yesterday's game which todd piro well described for you earlier. missing the

stuart: stuary varney. >> have a great weekend. thank you, stu it's true. added last month, but not enough. will government cool it with the easy money? we're going

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i will talk with hyman, "varney and company" begins right now. take it away. >> stand by for records. more gains at "the opening bell" this morning, we are headed for uncharted territory. on the left-hand side of the screen that is futures. dow industrials go up 100 points, the s&p already and record territory going to go up again and the nasdaq close to 14,000. it is a rally, new records will be set. now i will put a huge number on your screen to demonstrate in dollar terms the value in dollar terms what these records means, 468 billion, $480 million is the value of all publicly traded stocks on america's exchanges. that is up an astonishing $5 trillion since january 1st, that is in stronger retail sales and demand for homes and new cars. $44 trillion record high. as for bitcoin, still keeping below the 40,$000 market. 37-3, cryptos generally flat. let's get to politics, vice president harris got a little testy in a univision interview, she was asked when she was going to the border, she didn't like that, got testy and had a difficult week. pres

"varney." never know. >> reporter: oh, that'll be the day that i die. stuart: let's hope not. thank you, jeff. we'll see you later. now take a look at this. this is kind of shocking. border patrol finds more than 100 migrants crammed inside a home in texas. the so-called stash houses are growing problem on the border and we've got a report on it for you. a woman who was leaving north korea has a warning about ivy league schools roll that tape again, this is important. >> columbia told us what we cannot talk about and i am so concerned like if america is -- stuart: she has an incredible story and she will tell it to us later this hour, today. first though, president biden says the greatest security threat to the country is global warming, and environmental it's bjorn lundborg calls that an irresponsible exaggeration and he's here next. >> ♪ incomparable design makes it beautiful. state of the art technology makes it brilliant. the visionary lexus nx. lease the 2021 nx 300 for $359 a month for 36

"varney & co." right now. steward, take it away. stuart: good morning pick first thing is you want to know what's happening to your money. let me sum up, modest rebound for stocks, big trouble for crypto. here we go, let's start with the stock market with the dow jones after a 533-point loss friday and better than 3% drop for the week will be up about 200 points this morning, modest gain for the s&p and the nasdaq. interest rates, down. at the yield on the 10 year treasury coming in at 1.46% this morning, just a few minutes ago literally it was 1.42 and i should tell you the yield on the 30 year bond trade dropped below 2% early this morning. bottom line, interest rates are down. got to get to the crypto's as they are getting as much attention as stocks or bonds today with another crackdown in china on crypto minors. cofounder of coinbase says most crypto's quote won't work and this morning they are on the downside with bitcoin getting close to slipping below 30,000 at 32,000 and ethereum is below $2000 a coin. now looking at micro

maria: thanks, see you again tomorrow, "varney and company" begins now. stuart: good morning, president biden leaves for europe, his first foreign trip as president. he is in fact escaping a mess back home. no deal on infrastructure, senator manchin, firm unblocking the filibuster, the left wing of his party is absolutely enraged at manchin and vice president harris cannot answer a question without laughing. some would say the president is jumping from the frying pan into the fire because he meets vladimir putin next week. is he escaping? we will discuss it on the show. to the markets look at bitcoin first of all a little shy of 35,$000 a coin, that his recovery from yesterday's lows, all the cryptos up this morning, not much price movement for the dow, looking at a gain for the s&p, 50 for the nasdaq. we are at or close, all across the board today. it is going to be a big show. we have a new air taxi that goes on display in las vegas tomorrow, it will be demonstrated there i believe, this guy likes futuristic investments and that is one of them. more sci

see what we do for you on "varney and company"? what a guy. great company.d they couldn't find any tuna dna? they market themselves as 100% while tuna but if you can't find the tuna in the sample that is a class-action lawsuit. subway has another explanation, it is processed so much they couldn't identify. i hate tuna fish. stuart: we have time for wednesday's trivia question is which finger is responsible for 50% of the strength in your hand? for some is not a finger. the real answer when we come back. the rx crafted by lexus. get 1.9% apr financing on the 2021 rx 350. experience amazing at your lexus dealer. ♪ ♪ we made usaa insurance for veterans like martin. when a hailstorm hit, he needed his insurance to get it done right, right away. usaa. what you're made of, we're made for. usaa . . e it. you want it. you ten-x it. it's that fast. if i could, i'd ten-x everything. like... uh... these salads. or these sandwiches... ten-x does the same thing, but with buildings. sweet. oh no, he wasn't... oh, actually... that looks pretty good. see it. want it. ten-x

wednesday, june 2, 2021 "varney" & company is about to begin. you see a bit more activity on sixth avenue in new york at 9:02 eastern time, i've got to get back to this largest cyberattack on the largest meat supplier in the world, that's jb s that wiped out 1/5 of our beef capacity. susan, good morning to you. are the russians behind this attack? reporter: yes according to the deputy press secretary the attack did originate from a notorious criminal group based in russia called revel, and they attacked taiwan's quantum computers in the past which affected apple and even the louisiana elections in 2019 and now all jbs beef plants in the u.s. were shutdown last night according to the worker's union but jbs this morning said they made significant progress to resolve the cyberattack and that vast majority of its meat plants are operational so that includes beef, pork, poultry and prepared food plants that are operational this morning. we know that jbs is the world's biggest meat supplier and they sell their north american and australian plants shut

"varney and company" starts right now. stuart: the summit has begun. president biden and vladimir putin meeting face-to-face in us with bella in geneva. the big issue is russia's hacking attacks on america's vital industries. what is biden going to do about it? both hold press conferences in a couple hours. there is another big meeting in progress at the federal reserve. this is the most consequential fed meeting in a very long time. the big issue, when will jay powell rain in his money printing operation. if he delays too long he risks massive inflation. if he touches the brakes he risks market selloff and maybe a recession. in advance of all of that the markets are i don't want to call it steady as she goes, not much movement from the dow, down 20, s&p up maybe one, nasdaq up 20, very little price movements. the yield on the 10 year treasury not indicating and inflation scare, still below one.50%. gold not reflecting and inflation scare, still well below $1,900 per ounce. there is movement in cryptos this big meeting day, not necessarily correcting i

mcfarland, steve forbes the second hour of "varney & co."lcome to allstate. ♪ ♪ . . . . why not take your home along for the ride? allstate. here, better protection costs a whole lot less. you're in good hands. click or call to bundle today. stay restless, with the icon that does the same. the rx crafted by lexus. lease the 2021 rx 350 for $449 a month for 36 months. experience amazing at your lexus dealer. new projects means new project managers. $449 a month for 36 months. you need to hire. i need indeed. indeed you do. the moment you sponsor a job on indeed you get a short list of quality candidates from our resume database. claim your seventy five dollar credit, when you post your first job at indeed.com/home. some say this is my greatest challenge ever. but i've seen centuries of this. with a companion that powers a digital world, traded with a touch. the gold standard, so to speak ;) ♪. stuart: all right, good morning, everyone. it is 10 eastern. straight to your money this monday morning. a few minutes ago there wasn't that much price

second hour of "varney" & company rolls on., right hand side of the screen with us now. the fed chair has moved up when we'll get some rate increases. moved it up. i think he's moved it up to 2022 i think that's what he was saying trying to read the tea leaves there. when do you think, what's your opinion, on when we get the first, the very first rate hike, when will it come? >> stuart, i think that some time in early 2023 is a strong possibility. what the federal reserve did, you're spot on, stuart, is basically, like once a year, we move up the clock by an extra hour, so we can enjoy more sunshine. well the federal reserve was, in fact, somewhat influenced that they were bullied by the prints and the cpi, ppi higher, housing prices higher, commodity prices into thinking that if they just let these go unchecked that somehow inflation could get out of control, but, stuart, there's one thing. there's 15 million people that are collecting unemployment insurance, there's 7.6 million people, on payrolls that have not been made up s

the second hour of "varney & company" is about to begin. ♪.sure looks like a coverup and let's suppose a coverup is proven. if that happens, all hell breaks loose because china will be responsible. >> absolutely. i think that you're comment is very apt on this. i mean this is a situation that certainly raises a number of different questions not just about why china wanted this data deleted but why our nih we go along with it when it is clear this is not your average piece of data. this is something that relates to a major national security, a major health pandemic and something that i think ought to have been you know, attended to by certainly the highest levels of authority within our nih. i have to make one comb meant lauren said it costs an arm and a leg to buy a house. i'm in the process of buying a house. it costs an arm and a leg and an arm and another leg. i have to just say that. that 12 1/2%, that is saying something back in the day. go ahead. stuart: look, i don't mind segueing away from china and covid and the wuhan lab. if you want

varney and company begins right now. stuart: here we go again. extreme volatility in meme stocks, cryptos extremely active and there's a selloff in what i might call conventional stocks. a whole new financial world and we start with amc. it double yesterday. it was up another 20%, then the company announced it would sell over 11 million shares from time to time and the stock came down. it is $61 down one dollar $0.25 but it is still up roughly 3000% this year. meme stocks real active. a crypto conference beginning tomorrow in miami, any headline from a celebrity or big-time investor could move the market. watch out to celebrities pumping their favorite coin. so far today crypto prices of gone up, bitcoin didn't quite make it to 40,$000, it is 39150 right now. ethereum at 2838, nice gain right there. now look at what i call regular stocks, down across the board. the dow looking at a 170 dropped. big decline for the nasdaq, looking at a loss of 120 points. the big concern inflation, prices are indeed rising. of the job numbers are strong then infla

"varney and company" begins next. take it away and congratulations on a fantastic interview with donald trump yesterday. stuart: i think it worked. thanks for that and good morning everyone. here is where we start today. trouble for bitcoin. it didn't help when donald trump appeared on this program 24 hours ago and called bitcoin a scam. trump people support cryptos and it didn't help when the justice department got into a crypto wallet and returned the bitcoin ran some money the pipeline company had paid. evidently bitcoin is not untouchable. a lot of investors thought it was. bitcoin is now about half the value as 6 weeks ago. by the way, in one hour, pipeline cheap executive officer will be grilled on capitol hill. let's go to the stock market, not that much price movement, the dow is about 100 points away from its record all-time high. the s&p if it closed six points higher than yesterday's close, that will be a new all-time high and the nasdaq, 13-8, up 70 points this morning, modest rally across the board. then

good morning, i'm ashley webster in for stuart varney. it is 10:00 eastern time.off june with a nice rally. dow off sessions highs. s&p, nasdaq, also up a third of a percent. and guess what? the reddit brigade back this morning, the meme stocks led by amc surging 16% at this hour. blackberry up 6%. gamestop, another volatile name is up more than 3% what about bitcoin? whoever verying around $36,000 and 37,000, after the second worst performing month. it is up now $1300. so a gain for bitcoin. by the way let's get economic data. we have the latest on ism pmi for may,. susan: good and bad for the reads. nice beat at 61.2. economists were looking for a read of 60.9. this is again higher than what economists forecast for the month of may. don't forget we're coming off a really strong spring. the march read of 64.7, the fastest pace of expansion in more than 37 years. anything over 50 a demarch line, that is expansion on factory floors. ashley: what about construction spending only .2% where economists were looking for a read of .5%. that is what we saw in march. thing

we'll see you again tomorrow, "varney" & company begins right now. stu, take it away. stuart: it sure does and good morning, maria and good morning, everyone. former president trump will be joining us momentarily and i'm going to give you the background to our interview before we get started. here we go. west virginia senator joe manchin says no to ending the filibuster. translation of that? it makes it more difficult for the democrats to push their far left program through the senate. item number two. treasury secretary janet yellen says okay to a global minimum tax. that means foreign governments have a say in the taxation of american companies. it's really a question of economic sovereignty. by the way she also says higher interest rates maybe good for the united states. let's have a look at the market, pre-market this monday morning. first of all, look at the nasdaq gains for the dow, gains for the s&p, but the nasdaq on the downside this morning. that's because this global minimum tax is aimed soundly at america's big tech companies. let's get to bitcoin. at the c

the third hour of "varney and company" just getting started.le country. you with me on this? >> it is heartbreaking. i come back to a conversation with a new york city detective last year when they disbanded the undercover police ranks, you watch what is about to happen over the course of the next year in the city and that was seen as unfair somehow because they were wandering around in plainclothes capturing kernels and taking them off the streets. essentially times square and washington square park have turned into these zones where the police don't want to go. deblasio says he will lead 50 police officers 2 times square. they have had retirements because no one wants to do the job anymore not because they are not getting paid enough, but they feel no one has their back. they are not supported in any way. the mayor has been in the forefront of trashing the police. what does anyone expect? it is a tragedy. this is the biggest city in the world. i love this city and it is so sad to see this happening to it. there are a lot of layers to how it c

here to react, stuart varney, host of "varney & co." on fox business. stuart, that's a bad answer. >> absolutely. agree 100%. the commerce secretary says, as we just heard, these attacks are here to stay and, quote: companies should act accordingly. well, so far no company that i know of has been able to repel these ransomware attacks. it is major national security threat. i agree with you, steve, what we need is direct government action. go after deliberately the hackers and their state sponsors at a government level. it's only the government that can actually do that. companies can't, governments can. you remember last week, steve, when we had that large iranian ship, the navy ship caughtfire and sank? i just -- caught fire and sank? i just wonder if that was an indirect response to the hacking attacks from russia on the united states. there's one more thing we might need to do. all these ransomware demands are paid, the ransom is paid in bitcoin. perhaps we should think about regulating cryptos expect9 bitcoin market to disrupt the ransomware attacks. that's the way you could do

now, the big news to me came today when trump was on the fox business channel, would still varney and he was asked about a new running made for 2024 watch. would you consider rhonda santos, governor of florida as you're running? nice? sure, i would let you know there are numerous people that are great. i would certainly consider ron, i was i was at the beginning of ron, i was the 1st one to endorse him when he came out as a congress been so by, by mike pence. well, you know, i meant there's a lot of boxes here. let's be honest. my pants was the most lice president. he was always on message. he was always supporting donald trump. but the true believers, if you will, are still disappointed my parents for what went on the capital on him, not standing up to try to stop the electoral college of going through and, and you know, and when you're putting together a package, you have to sell that pack isn't a lot of to trump supporters that i disappoint with my parents. i think that's too bad. i think my parents acquitted himself quite well as a vice president. but let's not kid i was no, there

has stuart varney ever sent emails like this? >> susan: he just yells at me in person.ouldn't you be fired? it's like tom cruise screaming at the crew. it's not acceptable. in a bank or international business. she can't be competent. your point, how did this happen? this is a great city. it's a great city and people writing it off. but we've got more stuff still ahead. they are resorting to doing less reporting. why crime is up and real journalism is down. that's next. tually ibs-c giving her grief. so she talked to her doctor because she wanted more relief. that's when she said yess to adding linzess. linzess is not a laxative. it helps you have more frequent and complete bowel movements. and is proven to help relieve overall abdominal symptoms-belly pain, discomfort, and bloating. do not give linzess to children less than six and it should not be given to children six to less than 18, it may harm them. do not take linzess if you have a bowel blockage. get immediate help if you develop unusual or severe stomach pain, especially with bloody or black stools. the most com

stu varney nobody?i really what you want to use it politically this evidence it works. >> let's bringing kat she has been very patient. smith why do we do this? support let's bringing cat she's been patient she is attacking a go-ahead cat. >> i think were very divided a lot of stuff or think something most of us have in common is for example we do not want to get shot on the streets, stuff like that. pretty high on most peoples listed. i do not know why were spending all this time with the mental gymnastics of, there is money in the bill that maybe could have been used if the local leaders wanted to use them police was not mentioned in the bill whatsoever. the focus right now for the administration how to blame republicans rather than solving the problem. both political parties do this. it is always a blame game of let's make it the more their fault or their faults. so far we hate cops, hate them, hate them, hate them. we have much more to our panels are that good progress very interesting topics please

but -- neil: varney. >> varney. it was easy to confuse it especially late at night.illed. look at excitement surrounding the nba, nhl, mlb. of course the nfl seasons will have full stadiums out in the fall. vegas is coming back in a big way. sin is back in. the fact we have all these sports now getting really exciting in some of the games, especially last night with the phoenix-l.a. game, those are reasons that vegas is back with a vengance. probably back bigger than it was before the pandemic. neil: all right. so apparently these were all sports references you were making. connell, what do you make make of what's happening there? you've been going around the country more than any other anchor or business reporter, you've seen it yourself. but in vegas they were stopped. there were no business conferences crowds, they sorely need this, don't they? >> they're almost back. the last numbers that we had were from april, a few months ago. they were at 73% of their prepandemic levels. with over 2 1/2 million people going back to vegas. certainly as we move back into the fa

brian: yup e here to react host of varney and company stuart varney.we can't get people back to work with supplemental insurance. democrats including jen psaki says they are heartless. what do you think? >> look, right from the start there has been a political difference in the way that we have approached covid. there is a difference between democrat-run states and republican states. basically, republican states have said right from the beginning certainly months ago, go back to work. open up the economy. grow the economy. democrats turned around and said no, stay safe, stay at home. we will pay to you stay home. well, now, this political split is really obvious. because 25 states, half the nation's total are now rejecting these $300 a week weekly payments, emergency payments and saying, no, we don't want them anymore. we are going to cut them off. they are not going to run through mid september. we are ending them as of mid june or july. that's all from republican states. governor larry hogan is the republican governor of maryland. he said, look, thes

stuart: stuary varney. >> have a great weekend. thank you, stu it's true. he's out of here at 12:02 welcome, everybody to cavuto "coast to coast", yup, i am not neil cavuto, i'm cheryl casone, but i'm in for him today. we have a ton of news coming your way during this very busy hour, lots of jobs added last month, but not enough. will government cool it with the easy money? we're going to talk to some struggling restaurants who are bugging for an end to these hand outs. plus, the largest ever crypto conference underway in miami right now. we are going to be there, live, with what investors think of everything from government intervention, to china meddling. >> carnival's newest and largest ship docked in florida right now , but will the ship set sail? the battle over restarting the industry, and preserving your rights. but first, that may jobs report not as strong as expected, and it made a push to end those extended unemployment benefits. fox business edward lawrence is live from washington with all of the latest, hey, edward. reporter: hey, cheryl you tal

"varney & co." starts right now. it's all about stuart varney for the next three hours. records. bitcoin people, you also can relax as there is no selloff they are either. we are going to start with this, a shoot out crowded times square on a sunday afternoon in broad daylight, just a couple of blocks from where we are sitting now. we bring you this because big cities all across the country are experiencing a crime surge. just when people are trying to go back to the of

he gave a bunch of interviews including one with stuart varney on this network on february 17th.he interview, there was a bunch of full screens. they had a lot of reddit names there. struck me as i was reviewing it. gamestop was 47. it is 217. amc was five bucks. it is 56. express, now 577. are you surprised how the movement held and seems to be gaining more strength? >> i don't know if the word would be surprised but i give credit to all the people who have stayed in it and held it. i mean the thing that stopped it the first time, the momentum obviously when they froze trading and they're not really doing that anymore and it has come back. so, yeah, i guess i would have to say i'm surprised because i don't own them and i wish i did. so if i knew it was coming i would have them. i guess i am a little bit surprised but good for them. charles: sure. you know my favorite movie, one of my top three movies is "cool hand luke." i know you movie. you know the part where he comes backings, he is model prisoner, everyone gets pissed off he was maverick. later on in the show he did somethi

will: stuart varney constantly surprised by the music they play for him?new judicial watch findings show it was much more than that. lawrence: a lot of shady business and lucas tomlinson joins us live with more on that report. lucas, what are you finding out. >> good morning, lawrence. lawmakers unsatisfied with that report from the world health organization in march saying it was quote, extremely unlikely the virus leaked from the chinese lab. now judicial watch releasing new documents claiming dr. fauci was off by $200,000 but how much the u.s. government gave that lab in wuhan to support gain of function research. a controversial study making pathogens more infectious. a member of that w.h.o. team that went to china in march to investigate with peter daszak who help organize after the pandemic started ruling out the lab leak theory. scientists question that rush to judgment. turns out echo health alliance in 3.4 million national institute grant five years beginning in 2014, according to the "wall street journal." now missouri senator josh hawley says an

i heard it on "varney." thank you, sir. we got got a lot, big social help. i appreciate that. the dow slipping a little bit right now. the story could be all the meme stocks. that group includes wendy's, a host of other players that seem to be bucking the short selling trend. they were for a while. we're getting behind that. the president also on the way to europe. he will travel a while, first foreign trip as president of the united states. he will be gone two weeks. meets with the top leaders, european nations. for the queen, this will be her 14th u.s. president dates all the way back to harry truman, shortly after she became queen. i wonder how she rates them with baseball cards and all the rest. curious about that. you all again? joe biden. get the read on all of this. blake burman whose history of presidents because he is so young pretty much goes back to obama i think. blake, what is the latest there? a lot of pressure on the president. this is a biggie, this trip. reporter: there have been four presidents in the u.s. history, right, neil? is that what it is. neil: somet

"varney" had the ceo of novavax on this morning listen to this. >> so we've signed up to make 1.1 billionine out to all of the low and middle income countries. reporter: so a clear directive to get it out across the world and the more vaccine there is the easier it will be to do that , and i want to bring this to your attention too because it's the first federal ruling on vaccine mandates. a houston judge dismissing a lawsuit by 117 hospital employee s who declined the covid-19 vaccine. the court holding up the hospital's mandate on employees getting vaccinated. the judge said this , "if a worker refuses an assignment, changed office, earlier start time, or other directives, he may be properly fired. every employment includes limits on the worker's behavior in exchange for his remuneration." that is all part of the bargain thought that's interesting because this could set the precedent for what's to come david: you wonder how many other offices will insist their workers get vaccinated. good to see you jackie thank you very much. joining me now on this and a lot of other subjects former he

. >> [laughter] neil: i did sneak that in there stuart thank you very very much my friend, stuary varney have a wonderful weekend. right now, we're trying to make a go of it for the dow, the s&p already in and out of record territory here, but the markets almost certainly are going to have an up week unless everything just folds, we're focusing on that, because they're doing this and relatively holding their own as our interest rates even in the face of a continuing push to get taxes higher, not only in the united states but across the globe, you've been hearing about this agreement on the part of president biden and his g-7 counterparts to push something called a global minimum tax of at least 15%. the devil's in the details blake burman at the white house and where it all stands. hey, blake. reporter: hi, neil, good afternoon. this is a major endorsement to start off off off the g-7 meetings with leaders from those countries are indeed endorsing a global minimum tax on corporations of at least, which is the way they are fram ing it, of at least 15%. this had been an issue as you know t

steve, your old boss, the president, had said it appears to him telling stuary varney that it's a rackets a pre flexion of that. what do you think? >> no, i don't. look, i'm a little bit suspicious of bitcoin, i'm not a major investor in bitcoin, because i don't invest in things i don't completely understand, and so i'm a little suspicious of could bitcoin just go on a huge decline and what backs it up, but i also, i think it's a very healthy thing to have especially in these times where the government has run amuck in terms of spending, borrowing, and massive issues of debt and cheapening our currency to have a rival private type of currency that actually disciplined the central bankers so i think it's a health it thing but i still believe the dollar is the best currency in the world as long as we don't spend ourselves into oblivion. neil: everything was going along fine, francis, until we heard from the irs chief who was asking congress for the power to oversee a lot of this. i'm oversimplifying it but when i see the irs wanting to get involved in policing something, i could politicall

former president trump gave his take on this on "varney" this morning. >> a long time ago when the worldff, the things that were happening were not even believable, where interest rates were going up to 22%, prime rate was over 22% it's what's going on now is exactly the same but it's worse. it's much worse. reporter: president biden is not budging on new government spending. he wants another 1.7 trillion on his infrastructure plan, but republicans want to keep it in the billions, biden rejected the latest offer on friday, from republicans to go up another 50 billion making the gop offer for the infrastructure 978 billion total in spending, but biden will meet today with senator shelley moore capito, she's the lead gop negotiator trying to work out a deal with infrastructure and the white house they are speaking today. if they aren't able to make a deal, david, there is also a bipartisan group of senators that are working on their own infrastructure package focusing on hard infrastructure, but even that price tag that's being floated around capitol hill doesn't reach the 1.7 trillion tha

varney and company begins now. stuart: good morning, everyone. before we get started with the news. the above because guns, big tech and inflation are the issues of the day. now the news. stock market rebound continues. it is modest but it is there.

"varney and company" begins right now. stuart: good morning, everyone. one about 3. fed chair powell takes questions

"varney & co." right now. steward, take it away. crypto. here we go, let's start with the stock market with the dow jones after a 533-point loss friday and better than 3% drop for the week will be up about 200 points this morning, modest gain for the s&p and the nasdaq. interest rates, d

"varney and company" begins right now. take away. stuart: good morning, everyone.keeps printing, democrats keep spending, tsunami of

let me send it to "varney and company".maria: good morning. stuart: here comes a post covid weekend. unlike the rest of the world america is going to be out and about big time. it has already started. thursday, 2

i will talk with hyman, "varney and company" begins right now.y going to go

"varney & co." starts right now. take it away, stu. stuart: yes, fungus fabric, why not.ok at this, nationwide, new cases way way down. same story with deaths and he know what, because of that, the anxiety level is falling away. that's the way it seems to me and we are running with this recovery big ti

dagen: stuart varney, go. stuart: okay. [laughter] it's right on 9:00 eastern time.about everywhere you look prices are rising. now, it's the job of the federal reserve to make sure inflation doesn't get out of hand. they meeted today, and everyone -- they meet today, and everyone wants the know what are they going to do about it? watch out, everyone. jay powell and will move the et