stuart: you don't look like it, varney. ashley: thank you, lauren.vicemen and sailors and fleet week in new york and memorial weekend and i'm going to shake their hands and say thanks for being here. from russell, hello, mr. varney, my grant grandparents and father from england and got he hooked on toast and beans. do you like that? yes, sir, got to be heinz baked beans and well done toast. same with you, ashley? ashley: same, i had that monday night i believe. it's a favorite and always will be. stuart: i go to irish pub and have a full irish breakfast, bake penos, black pudding, fried bred, tomatoes, mushrooms and a bunch of other stuff and by the time you've eaten that, you've gained 25 pounds. it's a great thing. thanks, everybody for friday feedback. are you taking part in this? friday trivia question, here it is, how many fallen soldiers were honored at first memorial day in arlington? 5,000, 10,000, 15,000 or 20,000? the answer when we return. ♪ .. so tell me about your heart attack. our heart attack was... scary! never want to go through that

third hour of varney starts now. stuart: ben dominic with me this morning. am i right in calling in law fare on the international stage? >> yes, you're absolutely right, stuart, and this is failure of. icc and shotgun we should not accept and the approach for israel is par for the course in terms of their approach to adjudicating these matters and towards signaling out israel really over and over and over again and holding them to a standard they do not hold other nations to. as for being a fly on the wall at that fundraiser, i think you are hitting on what is a central problem for joe biden he does not have a solution to. essentially there's a much larger portion of his party that we even knew prior to and simply no longer believes in israel's right to exist and that's going to hold anything they can against them accuse them of genocide and the like and the terrorists of hamas. stuart: rick grenal making a pitch and trump courting black and hispanic voters and does trump have a legitimate hope of picking up voters that are abandoned biden? large numbers, pi

joining us now host of varney and company on fox business stuart varney.en they are having to increase prices. >> stuart: first of all, biden has gotten it completely wrong on inflation. he said it was 9% when he walked into the oval office. that is completely wrong. it was 1.4%. he says inflation is the result of corporate greed. that is just political spin. is he wrong. essentially, we have inflation because the federal reserve printed trillions and biden spent trillions. that's what giving us inflation. point is though it's not going away. we still have inflation with us. as you pointed out to the beginning that, is eroding our net worth. eroding our wealth. in the first three years of the trump administration, our net worth went up 16%. first three years of biden administration. adjusting for inflation were up 0.7%. it may get worse if biden spends the trillions on green energy and all the subsidies that he plans in the future. it's not the bright outlook for inflation. >> lawrence: to that point, stuart, when you look at polling when it comes to ameri

second hour of varney just getting started.

the varney community, "varney & company" and everybody else, you know, we're all part of it, stuart.t: my co-anchor,. adam: am johnson. >> oh, for crying out -- it's the community. stuart: and we will not leave out lauren. she's here as a well. we're all set to go. futures pointing south, down 3000 for the dow, nasdaq down 300 for the dow. adam a, this is a sell off. does it last? >> no, i don't think it does. there are three things we can say, the economy is stronger than we think. that's number one and the most important. number two, i will admit and i'm a bull, valuation valuations getting a little high, fair enough. and point number three, you're either nvidia and a.i., or you're everything else. that's where all the money is going right now, and it makes for a slightly unstable market. yet again, with an economy stronger than we think, i'm okay with it. stuart: okay, stay with with us for the hour. about 30 minutes from now jury dlexes will resume in trump's new york criminal trial. lydia health care u outside the courthouse for us -- lydia hu outside the courthouse for us. take

varney -- 2024. "varney & company" is about to begin. ♪ ♪ stuart: all right, folks, let's get right to this. the president of cornell university stepping down after of seven years. this comes after months of turmoil on the campus. details please, lauren. lauren: martha pollack is her name. she says the the decision was her own, but there have been calls for her less rig nation since critics say she allowed these runaway dei policies. campus a place, especially at cornell, where they're actually reprimanding students for using the wrong pronoun but not for anti-semitism. there's been a problem with that. stuart: i'll say, of course. lauren: so a lot of people are cheering her resignation or, if you will, her retirement. in arizona, misusing tear gas overnight at the encampment there. protesters ignored the repeated calls to disperse. and in pennsylvania, philadelphia police make arrests, several of them this morning. governor josh shapiro, a democrat, called the 16 days of that encampment at penn both

thank you very much, sir. >> thank you so much, varney. stuart: yes, sir.till plenty of green. dow up 100, nasdaq up 88 after some i'd call it favorable financial and inflation news. we'll be back. ♪ ♪ ameritrade is now part of schwab. bringing you an elevated experience, tailor-made for trader minds. go deeper with thinkorswim: our award-wining trading platforms. trump's lawyer, todd blanche, our team of passionate traders who live and breathe trading. and sharpen your skills with an immersive online education crafted just for traders. all so you can trade brilliantly. spring into savings this moving season with pods. save up to 25% now on moving and storage... and see why pods has been trusted with over 6 million moves. but don't wait, save up to 25% now. visit pods.com today. (♪) car, this isn't the way home. that's right james, it isn't. car, where are we going? we're here. (♪) surprise!!! the future isn't scary. not investing in it is. car, were you in on this? nothing gets by you james. nasdaq-100 innovators. one etf. before investing, carefully read

second hour of varney just getting started. [applause] >> molly hemingway with me this morning, the president hasn't said anything on anti-semitism, the protests, since april 27th and that was after one of our reporters shouted a question at him. how long can he avoid speaking? >> these protests whether they remain peaceful or become violent are based on lies but they are lies in this case about the country of israel and similar to what we've seen with other protests based on lies such as the anti-american protests, they gallon rights and things like that the democratic party has embraced lies about our country and professors versus victims. president biden can't reject they hate the to happening on campus without rejecting what his party has been doing, calling their political opponents racists and trying to get people into victimizer classes so that is why he's being so silent. stuart: stuart: the white house was pressed about this. >> the president has taken questions on this. he condemns those who don't understand what's go

farm. >> not doing stuart varney show.ing during your show, absolutely. >> okay, we will see you again real soon. i do promise that. thank you. still ahead steve forbes on a brand-new gallup poll showing confidence in president biden and historic low. joe concha on kristi noem's latest controversy she will not say she met with kim jong-un is her political future over? and jonathan noris on why so many catholics are supporting trump. 11:00 o'clock hour is next. ♪ gee that's an international event. that kind of reception shows that president trump is not only welcome here in florida but he probably won't be welcomed around the world. >> joe biden is feckless. what these protesters are doing is terrorism and they want to scare the living daylights out of the university and scare -- they're talking about the k illing o

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that is it for "varney and company".art in five seconds. 3, 2, one, starts now. >> the main point is the primary source

more varney after this. your record label is taking off. but so is your sound engineer.ed. indeed you do. indeed instant match instantly delivers quality candidates matching your job description. visit indeed.com/hire ah, these bills are crazy. she has no idea she's sitting on a goldmine. well she doesn't know that if she owns a life insurance policy of $100,000 or more she can sell all or part of it to coventry for cash. even a term policy. even a term policy? even a term policy! find out if you're sitting on a goldmine. call coventry direct today at the number on your screen, or visit coventrydirect.com. stuart: this morning we are not seeing any reaction from the guilty verdict handed down yesterday. i see some impact from favorable inflation numbers released early this morning. not much price movement but the nasdaq is down solid. 180 points. time for brian kilmeade to join this. celebrate in the trump victory. >> don't want to go into the body of litigation. a federal court decision ruling on the legal theories. state court decision on the omnibus motions. and we ha

second hour of varney just getting started. sean duffy, can biden wingback young voters?> great opening. i don't think so. president biden is running around like a chicken with its head cut off doing a lot of things but not the right things to make the economy better for young people. young people as you mentioned don't have a lot of money, they are trying to get ahead and they can't get ahead under president biden's economy. homes are higher, grocery store, the car, the gas, everything more expensive. they are frustrated. they care about climate change but they only care about climate change when they have enough money in their pockets to care. they don't have the cash to care so they want the economy to work first. when president biden tells young people and all the american people bidenomics is working, you're a flat-out bald-faced liar because it is not. don't know who you're talking to but it is not working for me. stuart: one cnn pundit says this should be a wake-up call for biden and his campaign. watch this. >> this should be a wake-up call. young people are upset

varney.ministration's american rescue plan and infrastructure investment and jobs act and inflation reduction act. everything from solar panels near the airport and remover of lead paint in pipes to a new crime lab and emergency management center and why the wind fall for milwaukee. as you point out, the city carries special weight both as democratic stronghold in the battleground state also as the host of national convention this summer and biden in a virtual dead heat with the state of trump and the biden campaign trying to highlight how cities like milwaukee being it. ed through federal help. republicans meantime are portraying democrats and the biden administration is essentially just throwing money away trying to buy votes while to peter's point making inflation worse. stu. stuart: that was pretty good. 11:47. show me the dow 30 why not. look at that. pre-ponderous of buyers and lots of green on the screen and dow is up 168 points. it's now back above 38,000. university of michigan criti

monday may 13, 2024, "varney & company" is about to begin. ♪.tuart: started with this graduation ceremony taking place at colleges across the country and no surprise into israel protest directed at a number of them, good morning let's talk about the graduation at duke jerry seinfeld gave the commencement speech. >> he was funny and he was a political and 30 students walked out because seinfeld is jewish and he supports israel, they missed the show. >> a lot of you are thinking i can't believe they invited the sky, too late. i say use your privilege, i grew up a jewish boy from new york. doctor privilege if you want to be a comedian. >> some shoddy jerry. governor glenn youngkin of virginia gave the commencement address at virginia commonwealth university many students walked out there. at uc berkeley some students chanted free palestine during the ceremony while others chanted back at them kick them out, i think the bottom line is a few weeks into this that the graduation carried on despite protesters finding many ways to express themselves. stu

"varney & company" here. >> iran president and foreign minister are dead. killed in a helicopter crash sunday and iran is in turmoil divided and vulnerable. put that in the context of ongoing war in the mideast. israel has denied any involvement. with this kind of development you might expect a significant market reaction. that's not what we're seeing at least so far. the price of oil barely budged below $80 a barrel the opposite of what you might have expected. stocks showing modest gains very modest gains almost across the board after strong gains last week. the event iran have yet to effect the stock market. look at this the dow up maybe 10 s&p up 3 and nasdaq up maybe 14. watch nvidia they report wednesday and how they affect the market 1.3%. interest rates at lower leals tenure treasury yields well below 4.5% at 4.45 and you're looking at 4.84 as we speak. gas dropping below 3.60, 3.59 got there and 3.89 for gallon of diesel to speeches for the president neither uplifting from the president instead he presented a dark picture of race for america today

the 10:00 hour of "varney & company" is next. ♪ ♪ ♪ .. ♪

"varney & company" is about to begin. ♪ ♪ stuart: all right, let's get straight to it.s been found guilty on all 34 counts in his new york criminal trial. lydia hu is at trump tower. what happens next? >> reporter: well, stuart, i'm standing in the lobby of trump tower right now where we are awaiting those remarks from the former president, donald trump, expected to kick off around a 1 1:00 today just on the heels of that guilty verdict. the former president has already told fox news digital that he will fight this guilty verdict with an appeal from this trial. his attorney, todd blanche, also told fox that they believe the former president did not get a fair trial in this case. but, stuart, important to note here that that whatever the former president, donald trump, i says today here at trump the tower, he still remains under the gag order at the moment from judge with juan merchan which prohibits his comments on witnesses and and jurors in this case. that gag order, stuart, remains in place unless and until the judge lifts it. the defense attorneys can ask is ask for

we have varney wine so that's a clear preference.make a stoven onblanc. i've got you down, lauren, as a chianti drinker? lauren: no p. i do like pinot noir. stuart: ashley, i've got you done as a blanc. ashley: no. pinot noir in the winter, pinot if grigeo in the summer. the drier jr. the better. i can't stand the sweet or buttery -- lauren: i had said you weren't a wean drinker. i pegged ashley as a beer drinker. [laughter] ashley: whatever's in front of me. stuart: this from mark, stu, when you retire, do you ever think ashley or lauren will write a book about you with a teaser subtitle in. [laughter] all right, lauren -- no, no, ashley. what would be the title of the book about me if you wrote it? if. ashley: stuart dearest, kind of like mommy dearest but after so many years, stu, i've got a lot of great stories, or i'll tell you that. stuart keep them to yourself. [laughter] lauren:, what would be -- >> in the breaks with stuart, what my if book would be about. tooth utah it's the most interesting time, isn't it? lauren: 2-minute

"varney & company" picks it up, stu, take it away. stuart: good morning, everyone. college chaos is not over. there was mores disruption in new york, police cleared the campus at the fashion institute of technology. con frontation at george washington university, police cleared the encampment there. how convenient. the d.c. mayor and police chief testify before congress today on why the clearout was so long delayed. the president heads to wisconsin. he's announcing a $3 billion data center project with microsoft in raci new york stock exchanger. he will be talking up the -- racin if e. to the markets. the trend this morning is to the downside. it's not a champ eloff, dow off 50, but the nasdaq is down, what, 103 points premarket. interest rates, not much change there. the 10-year yields are at 4.49%, just below 4.5. the 2-year around 4.84 at last count, it is right now. bitcoin, $62,000 a coin, and we have oil around $77 a barrel. no change for gas, you're looking at a $3.if 64 for a gallon of regular. diesel, though, is down one cent, $3.96. gold still hovering aro

you're welcome, stuart varney -- [laughter] have a wonderful memorial day. over to you. stuart: i shall try. good morning, everyone. oh, what a night it was. trump rallies in the south bronx, and the crowd goes wild. no republican presidential candidate has a appeared in the bronx since ronald reagan four decades ago. it's alien territory to the gop, but last night trump delivered an upbeat and positive message. it was a diverse audience, and they liked what they heard. more on that in a moment. here is what's happening on the markets this morning after thursday's heady selling. the dow can lost 600 to points thursday, a modest bounceback in the early going today. dow's up 50, nasdaq up about 60. there was one huge winner or thursday, winner for some time now, and that's nvidia. no serious pullback this morning, in fact, it's up again, another $9 higher, expect 932% -- .if 92%. interest rates, not that much change. the yield on the 10-year just below 4.5%. the yield on the 32-year treasury is just below 5, 4.96. bitcoin, we have that placed at, let's see now, 67,4 right

i want to thank adam, mehek and mike, we are see you soon, and let's get right to "varney & company". stu, take it away. stuart: good morning, everyone. pitched battles on the ucla campus overnight, groups fought each other. for hours it was an around a key. finally, the police arrived to break up the brawl, but it is still an ugly standoff. in new york police quickly cleared occupied buildings at columbia. in new orleans tulane university was cleared. in utah, tent encampments removed. at city university in new york, same story. questions, why did it take so long to take action? if blatant and hateful anti-semitism has been on dismay for weeks, where is pride sentence he issued a tepid statement that donald trump went on hannity. who is behind the campus chaos in of those arrested were outside agitators. you're waking up to disturbing scenes at our colleges. you're also waking up to a very big day for your money. the fed will address can interest rates this afternoon. no change x expected. stocks are, though, selling off a little again. the dow, remember, coming off its worst month i

varney. lauren: he's this coach. [laughter] >> that's right.now -- stuart: i won't believe this until i see the ticket. >> it's true. i'll show you the boarding pass. i check in outside, you know? yeahings, no, it's true. business is too expensive,s i'm sorry so, you know, and it's still, by the way, the ticket is still over $1,000 to fly coach overnight, 7-hour flight to amsterdam. some people would say, wedgier you're spending $1200 to fly to am aster tam for weekend, yes, and i'm happy to do it to celebrate a friend's birthday. of you have to make choices. you can't do everything you want to do, right? that's just the world in which we live. stuart: i asked the question, you give a serious answer, and i make fun of you, i'm very sorry -- lauren: i'm sorry. >> it's okay. open season on adam. have at it. stuart: check futures, please. up 208 points offense the nasdaq. that is nvidia. okay. president biden, he seemed to ramble in front of a lack lust arer crowd at a new hampshire event. you've got to watch this. >> after i signed the -- [inaudi

stuart: okay, folks, there will be more "varney" after this. want a successful business, .. a future where you grew a dream into a reality. it's waiting for you. mere minutes away. the future is nothing but power and it's all yours. the all new godaddy airo. get your business online in minutes with the power of ai. daughter: hey, dad. dad: hey, sweetheart. daughter: what are you doing? dad: i'm gonna clean the fence. daughter: it's a lot of fence. dad: you wanna help me? dad: aim at the wall, but get closer. daughter: (gasps) what the?! daughter: alright. dad: side to side. when you work with someone who knows a lot and cares even more... you can do this. ...you're unstoppable. (♪) wow... are you kidding me? you can do this. at truist, we believe the same is true for banking. stuart: tenuous connection, say something. we are waiting for the president to say something on the economy in a couple of hours time.

joining us now host of varney and company, on fox business, stuart varney, great to see you this morning>> thanks, charlie. did you ever think you would hear of a democrat nostalgic for the trump years? >> i think if they took truth serum they all would. this is the problem. >> they should be nostalgic. if you go back to those years and looking at the economy. we have very low inflation. we had virtually full employment, as far as can i remember. and for the first time in a generation, the lowest income earners were catching up to higher -- people higher up the food chain. the income inequality, the gap there actually narrowed in the trump years we have never seen that before. or since by the way. so, that kind of nostalgia is entirely understandable. >> charlie: there is always sort of a disconnect because obviously campaigns are all about telling your side of the story, also known as often lying because and that's what politicians tend to do. but, the disconnect between what you are talking about and, you know, as ainsley was saying earlier, you know, it's remarkable that trump and bid

they were on "varney & co." m any, many years ago. lauren: and? stuart: they're okay.auren: they're okay? stuart: you'll get your time in just a moment. all right. 11:00 eastern time, monday, may the sixth. this is the day when president biden celebrates cinco de mayo, which of course was yesterday. s&p up 30 and show me big tech. a mixed if i canture there and we do have meta, microsoft, amazon up. alphabet, apple down. the 10 year treasury yield right around 4.5% at the moment and you're up 451 to be precise. the teacher's union is n egotiating a new contract and the union's opening bargaining position has been leaked and when you see their demands, you know america's big cities are indeed in deep, deep trouble. here's a sampling. >> a 9% pay increase and going out for them and $2,000 for each migrant child to help them set and will teachers to be paid $ 1,000 per student per semester if the class size goes over the official limit. 100% coverage for all teacher breaks. all 646 public schools in chicago must have a gender neutral bathroom. what's the total cost of all

second hour of varney just getting started. ♪ stuart: liz peek with me, trump is right in my opinion,en has to do something to get these protests under control but he won't do it. liz: it is appalling that the president has been invisible for the weeks this has not just been going on but getting worse and worse, from being pro-palestinian, concern about the plight of the palestinian people and what goes on, out and out anti-semitism, hateful symbols and language, and biden hasn't addressed this at all. everyone seems to have ignored or forgotten in may of last year he rolled out the big splash anti-semitism program, first-ever white house program trying to squash anti-semitism which was increasing and has been ignored in this country. now is the time to follow through on that rather good initiative. you are not alone. on twitter, it is trending, where is joe biden? everyone in the countries thinking do we have a president? i think trump is right. if he sat down in the oval office to address the american people, it would be so wobbly, it would be full of we have to consider this group,

second hour of varney just getting started. lose peak on wednesday morning, she's here.ice age trump trial entirely political. what do you say? liz: absolutely in the biden administration pretending it is not, pretending president biden is going to make a comment about the trial after the conclusion is reached, what is that supposed to signal to the american public, yesterday's event with robert they niro showing up at this trial was so ham-fisted and so terrible and to your point what did he do except rave like a lunatic about the apocalypse that is the donald trump second term but remember 2016. we heard these same claims, donald trump is going to start world war iii, donald trump was going to do everything do terrible, people look at those four years and even with a once in a generation pandemic realizing people were better off, none of the things they talked about came true and when you saw that rally in the bronx, that's what people were talking about, they keep saying this bad stuff but things went well under donald trump. the other problem president biden has, the

that's it for "varney & company."t" starts three, two, now. >> forget about down

every viewer of "varney and company," not to get a tattoo please. idea for a new successful business would be a chain of tattoo removal parlors across the country. with you think that would work? >> since we are graced great business minds why don't we accompany that with spray on tattoos? i'm okay with that. have a spray on tattoo and have it available and watch on the show and other segments. stuart: we saw the pomegranate and the tattoo, what a show this is. thank you for joining us. see you again soon. something related to medical stuff. mike tyson got a medical scare on a flight ahead of his fight with jake paul. lauren: an ulcer flare up, he felt nauseous and dizzy on the flight, he was going from miami to los angeles, paramedics boarded the plane on landing so passengers, he is almost 58 years old and is about to fight the 27-year-old jake paul july 20th, what a fight to see. stuart: make an absolute fortune on pay-per-view or wherever it is being streamed. >> jake paul is about to have a medical event of his own. might want some paramedics -

second hour of varney just getting started. bruce with us on friday morning. what do you think?ammy:i have no opinions about anything. what is interesting here is clearly once again there's tunnel vision, looking at points were perfect, wanting a few votes, willing to throw an ally under the bus, that the kind of thing americans don't like but what we also know about americans, the majority support what israel is doing in defense of itself even at 50%, 49%, 50% of muslims agree and support the belief that israel has a reason for doing what it is doing but the squad is taking a victory lap, people, americans generally not approved of when it comes to their attitude and if the president thinks that this is enough, this will never end. even jamaal bowman noted protesting works, got to keep it up, how far can they push him? this is an invitation, the world has seen biden has no spine and will go where the polls go or who has the loudest voice. it's an invitation issue and others have noted as well this will continue, bret stephens noting continue the war, make it worse, that's every

second hour of varney just getting started.n duffy on the right-hand side of the screen, looks like trump is running away with it at this point and getting close to the election. what do you say? >> you're "my take" was excellent. momentum for trump means voter enthusiasm on election day. the power of the voting base wanting to vote for their candidate and spending money on getting people to the polls because they do it themselves because they want to vote for their candidate, much easier for campaigns where if you don't have enthusiasm for sunlight joe biden the amount of resources and man-hours getting voters to the polls is much more challenging so my wife rachel for fox and friends went to the bronx yesterday and expected to see a 50-50 split between trump and biden, she saw 90% of the people there were supportive of trump in a deep blue part of new york which goes to your point donald trump is only down by 9 points in new york, that is amazing and it shows how bad joe biden is but donald trump is talking to the average ame

third hour of varney starts now. stuart: the gentleman on the right hand side of the screen is steve hilton. innation is obviously a top issue for voters so why does biden keep repeating a false inflation number? >> because he doesn't know anything about anything these days. he really doesn't understand the issues. all he knows is that exactly as you said, he's in a desperate position politically. looking at polls this week and massive lead for trump in the swing states and way beside the margin of error and looking at defeat and desperately scrambling and talking and not even speaking and call it word saying. he's saying words and doesn't really know what they mean. he's desperately trying to eke something out here because he knows that everything is going wrong for him. that he is the cause of these problems. he's the cause of the border problem, inflation problem, the crime problem. this is democrat policy in action, and they're going to be held accountable in the election and he knows it. stuart: steve, i was int

a minute after the varney show. and she blamed it on the wea weather. >> jesse: sunny today?. >> jesse: you say something. >> judge jeanine: kristi noem comes around, what you need to do is just yell "hide your dog!" hide your goat! hide all the animals! it's kristi noem! [laughter] >> jesse: i'm so glad you got the last word. "one more thing" is up next. ♪ ♪ right now you can get a free footlong at subway. just buy any footlong in the app and get one free. just scan the qr code and enter promo code flbogo it only works from the other side of the screen, buddy. you still got a land line in your house. order now in the subway app. ♪ >> dana: time now for "one more thing." jesse. >> jesse: we're going to promote the show "jesse watters primetime." fbi's most wanted con man tonight at 8:00. >> dana: all right. and greg? >> greg: tonight i already plugged it and going to plug it again. we have dana perino, michael loftus, kat timpf, tyrus and the ghost of christy nome. tonight at 10:00. >> dana: and the judge? >> judge jeanine: hide your dogs. [laughter] >> dana: it's your turn.

that is it for me, i yield my time to stuart varney. >> good morning, you yielded it well, good morning, everyone. movement in gaza, hamas has left the hostage talks, benjamin netanyahu has told the people in rafah to evacuate the destruction of hamas is about to begin. so far no negative reaction on the market, the dow coming off a big gain on friday, up again this monday morning looking for a gain of 150 modest uptick for the s&p and the nasdaq. interest rates at low levels the ten-year way below for an half percent, 447, the two-year way below 5% you are now at 479. bitcoin up to 6,465,000, 635 at the moment, gold is moving up not that much 23, 33 not close to the record high but up $24, no change for gas, 3.65 in diesel down one set 3.97. politics another positive crowd for trump at the miami grand prix over the weekend there is a pattern trump get a break from court wows crowds from new york to florida and biden stays home. biden is in trouble on the issues and abc poll puts trump 14-point had on the economy and inflation, anti-israel protests continue graduation ceremony is disrup

thanks, everybody, "varney & company" picks it up now. stu, take it away. stuart: good morning, maria. good morning, everyone. let there be no doubt, donald trump's criminal trial in new york dominates politics. biden's trying the put his opponent in prison. republicans show up in force to say what trump can't say because of the gag order. well, today the trial moves into its final days. robert costello back as a witness, a defense witness. monday the judge furiously tore into him for rolling his eyes. we'll try to the figure out how the trial plays out in the middle of a presidential campaign. let's get to the markets, and we're starting the day with bitcoin. just look at it. that's a rally, $71,000 and climbing. that's bitcoin. etherium also sharply higher again today. as for the stock market, well,, the nasdaq closed at another record high monday. you've got a small pullback this morning. down 56 as we speak. a little bit of red red ink for the dow and the s&p but not that much. nvidia, that is the stock of the week it reports tomorrow. plenty of buying

"varney & company" pix it up now. stuart: good morning, everyone. dramatic scenes overnight. police moved onto the ucla cams pus and forcefully dismantled the bare with decades. the occupation is now over, and here come the questions. where's the president? we have tracked his appearances, and in the last a eight days he has attended four campaign events and given an extremely softball interview to howard stern. he has not directly addressed the anti-semitism that is convulsing college campuses. who is organizing these protests? new york mayor adams says it's outside agitators. "the new york times" interviewed a 63-year-old professional who trains activists. she's not a student, but she was in the middle of the columbia occupation. and the protests, are they winding down? maybe for now, yes. but the professionals are gearing up to create mayhem at the democrats' convention in chicago three months from now p. big news. lots of it. it's coming your way later. there is other big news. a modest feign for stocks after a mixed performance wednesday. the dow up nearly 200 and look a

right to "varney & company," stu, take it away. stuart: good morning, everyone. target has issueded its financial report. it doesn't look good. it's the second largest retailer, and etc. performance suggests -- its performance performance suggests a slowdown in consumer spending. it's another sign the economy is slowing. later today the post important earnings report of them all, nvidia. premarket the is stock is holding around $9950 -- 9550 a share. it is up 990% this year. -- 90% this year. today's numbers will have a big impact, watch for some fireworks later on today. politics, another $7 billion worth of student loan cancellations, 160,000 borrowers get a break. this is widely seen as another attempt to buy the youth vote. serious bad news for the biden campaign. a reuters poll shows his approval rating falling to just 36%, lowest in 2 years. on handling the economy, trump is 10 points ahead. his campaign, biden's campaign, desperate to change his image, but they're having a hard time. today his staff had to make nine corrections to the speech he gave to the

"varney & company" picks it up now. stuart: good morning, everyone. the numbers are in and, yes, the markets are, indeed, reacting. looked at this, 175,000 jobs added to the economy in april. that is far fewer than the 700,000 plus -- 300,000 plus we saw in march. the jobless rate want up to 3.9%. now, this is a weaker performance than expected, and everybody wants to know what this does to the federal reserve's interest rate strategy. here's what it's doing to the market which was higher before the numbers were released, now it's the much higher. dow industrials, let's see, what have we got -- sorry, let's deal with or -- i'm going to deal with apple in a a minute. look at the futures first of all. we're up 477 points on the dow, 56 points for the s&p and the nasdaq roaring ahead by 270 points, that's 1.5% for the nasdaq. big gain right there. now show me apple. yes, it is rallying. we're asking why. it's up $12 the at this point, that's 7%. well, they've announced the largest stock buyback in history, $110 billion worth. investors love it. leftist p

"varney & company" picks it up now. stuart: good morning, everyone. all-time highs across the board, the value of all publicly-traded stocks has gone up by $10 trillion in the last 122 months. that is a wealth creation machine like no other, and there's no pullback this morning. the dow can, it's getting close to 40,000, real close actually, it's going to be not much change to start the day. same with the s&p and the nasdaq is up a point. a tiny bit of green after yesterday's record closes. as for interest rates, well, they're staying at lower levels. we'll start with the 10-year treasury, you're down to 4.35% this morning and the 2-career, that's a long way below 5%, 4.77 right now. bitcoin on the upside today, $66,000. gold holding around $2300, 2400, 2383, to be precise. oil still below $80 a barrel, $79.34. no change for gas. regular, $3.60. diesel is down one cent, $3.92. politics. the new fox poll shows trump holding a narrow lead overall, but he has a growing lead with key voting groups. blacks, hispanic, suburban women and moderates. more deta

"varney & company" picks it up now. stu, take it away. stuart: good request morning, everyone. israel's takedown of hamas in rafah has begun. israeli tanks are in the city. in response, "the wall street journal" reports that president biden is delaying the delivery of precision weapons. that means biden is denying much-needed weapons to do our ally at a critical point in the war. these new developments in gaza will likely enflame the anti-israel demonstrations we've been seeing. last night if much of new york city was brought to a sandstill as pro-palestinians blocked traffic, burned the flag and vandalized a world war i monument with. no impact on the markets at this stage. stocks up monday, a mixed picture tuesday morning. we start with the dow industrials, please. the dow is going to be up about 30 points when the opening bell rings. s&p up about 6. now, disney, they reported their earnings earlier, a key part of their streaming business was profitable for the first time. theme parks continue to do well, but the stock is down and down sharply. your off 8% at this point if --

"varney & company" picks it up now. stu, take it away. stuart: good morning, everyone. the president gives a rare interview and gets the economy dead wrong. biden says inflation was at 9% when he took office. that's wrong. it was 1.4%. he says inflation is the result of corporate greed. that's debatable. he says we have the strongest economy in the world with. let's just say the president was in heavy spin mode six months from the election. and an astonishing reversal of decades-long policy. biden has placed an embargo on weapons for israel. the president does not want the israelis to finish off hamas. netanyahu insists they're going to do it, so biden cuts off the weapons. in effect, biden is protecting hamas. to the markets. stocks mostly lower in the premarket session. we're down 80 on the dow, the rest are just fractional losses, s&p and nasdaq. interest rates a little higher, the 10-year moving back right around 4.5%, we're now at 4.50 precisely. the 2-year, last time i checked it was 4.84, now it's 4.83. moving a bit lower there. oil, $79 a barrel. gas, no change

and here to give us more insight is meteorologist vianey arana varney. so how damaging has all of this smoke been to our lakes? you know, when we look at smoke, we look at the air quality impacts to us humans, but it's also impacting things like our lakes. and what scientists did is they looked at responses to wild smoke folk in those lakes. and between 2018, 2020 and 2021, what they found during those years is that was the three largest fire seasons on record in the state, and during that time, the lakes were exposed to an average of 33 high density smoke days with august and september having the highest smoky days, researchers believe that smoke and ash can hurt photosynthesis, kris and oxygen levels and damage the lakes actual ecosystem. so what's the data researchers are looking at? yeah, well, the study's lead author from uc davis is research scientist adrian schmitz, and they basically measured things like temperature, light and oxygen in the water. all of the components that play a key role in the overall health plant and aquatic life of the lake

second hour of varney just getting started. will cane joins me.m i being naÏve in thinking things will get better? you've got a smile on your face. >> reporter: your optimistic. i appreciate that. i would like to think that things get better. this is what makes it so dangerous to open pandora's box, going down the republic rabbit hole, treating government as your personal vengeful mechanism to retain power, hard to put back into the box not only for yourself, but the opposition party. if your optimistic i am cautiously optimistic this countries on the right path. the checks and balances capable of putting into place. it remains the greatest experiment in human history. declaration of independence, united states constitution, three branches of government, more importantly the character of the american people. particularly on fox business, waking up today thinking about how to make life better for their community, how to create and innovate and build something new and better. that's the ultimate savior of america, that spirit and culture. stuart: i

hour of varney start now. ♪ leo turow joins us now.you agree with senator scott this is just pandering? >> thank you for having me, i want to be clear. the democrat pander every four years and killed black amer americans. black americans i can tell you about that wake up thinking about affirmative action. the thing about the economy, inflation, they are thinking about crime in the southern border. black americans want the same thing all americans want. a good economy, low prices and secure border. black americans like presidential, they can do they want, they cannot demonize trump black men are leaving the democratic party. without black americans, biden is finished, the democrats are finished and is the same man that was why i left democratic party because he said you don't vote for me, you ain't black. i'm still black and of voting for trump. >> president biden launched this new initiative to win over black voters. listen to what he told the crowd yesterday. >> to go to the pandemic. that's what we did. that's a promise made and a pr

that is it for me, i yield my time to stuart varney. >> good morning, you yielded it well, good morning

second hour of varney just getting started. ♪ stuart: liz peek joins me, we were engaged in conversationi say warren's attack on big food is politics designed to win votes. there's always going to be a proportion of the electorate who go for that. am i overstating my case? liz: you are right but can i interject some facts into this conversation? the media doesn't look at the data. i went back and looked at gross margins first quarter of 20 one, when biden became president, for craft, pepsi, a whole bunch of companies. general mills, campbell soup, coca-cola, the big meat companies and big grocery chains. they saw their gross margins compressed when inflation began to go up. that means they were making less money per dollar of sales. they raised prices. every single case their gross margins are still behind where they were when president biden took office, that debunks what elizabeth warren is talking about and what president biden talked about in the super bowl ad. this is not food companies going after the little guy with shrink for elation or raising prices just because they want to go

that is it for "varney and company". 19 seconds before we can move on. thank you so much for the fine week of work. you were brilliant on monday morning. see you all next week, three seconds, coast to coast starts now. neil: goldilocks breaking into someone's home and investors in the stock market, what do they have in common? they both landed on something just right. goldilocks taking off some bears after breaking into their home and investors taking off some different bears after breaking apart their argument. i would safely. and they are more than just right. and chase away those fearing, and powers those who think stocks, they were not. goldilocks wasn't about to push their luck when bears got home. investors think to themselves very much at home. you don't know how much i worked on forcing these analogies. had some ideas why it might be it could be a goldilocks moment for the market. >> goldilocks can check her 401(k) today. neil: you are good, young man. with the markets loving this jobs report. and the federal reserve chairman wants to see, when i

"varney & company" is up next. stu, take it away.