The body parts of fetuses, not a word yet from hillary. Varn vrn Varney Company is about to begin. Why dont we start with a victory thats what were going to do. Youre looking at the white house where the American Flag is at half staff. President obama lowered the flag after repeated calls to do so. We the people won that one. To business look at apple, now, this is premarket trading. Its going to fall short stoply and the Company Given a disappointing outlook. Apple did have over 40 million iphones and thats lower than expectations. They wont tell us how many apple watches were told. And saying that information would help competitors. Apple will be down sharply 28 minutes from now. The latest polls, not good news for Hillary Clinton, her numbers have dropped in colorado, iowa virginia and shes lost ground on questions about her honesty and leadership. Mary kissel is here. The more voters see hillary, the less they like they are. Shes not a natural politician number one, and number two, shes running against obama, including in swing states dont like that. Shes running on identity politics, divisive politics the war on wait a minute the war on and in the last Senate Elections you dont necessarily win trying to divide americans. It could be a very very close election. Stuart she must be worried shades of 2007 2008. A lot of people felt she didnt care about their needs and concerns, which is interesting, and chuck made a good point, those who holler and trump, if it wasnt for trump, thered be more asked about her leadership. Stuart i think shes right about that. Trump has sucked the oxygen out. Shes running as if shes existing in the 1990s we didnt have social media, didnt have blogs and the stanleys, from the Clinton Foundation and benghazi and more, private email servers. You cant hide from the media. You cant treat the suppress like an afterthought today as they could with bill. Stuart what is she going to do . In the swing states shes behind three republicans. Shes hoping they can rise above the frey. Stuart listen to what Carly Fiorina said about donald trump on fox business news. Look i think at that donald trump tabs into the frustration that i feel ben carson feels. Those who are outsiders now that voters of sick of sound bites and in the end no action. Politics is not a game its not entertainment. Its deadly serious now e you know, shes right. Wait a minute a frown on your face. Its easy to say, yeah im an outsider and hope youll win based on the fact you have no experience in politics. Thats a hard sell as much as i like Carly Fiorina. Shes got a she took a hands off approach right there. You validate about him next to voters. You do . There are just policies here. Im saying that donald trump speaks in a fashion attractive to some voters. The way he speaks, hes for america. Hes for donald trump. And the media campaigning like they have have nominated this with the and imagine trump as an agitator. He stirs it up. Stuart our viewers think otherwise i found out from my personal experience here. Another sound bite to Carly Fiorina listen to what she said about planned parenthood. Im prolife, but i know plenty of pro choice women who are who are bide bye this. Think about lobbying against an opportunity to see her baby before an abortion and using the same technology to harvest body parts, something you tell woman as she lays on the table, is not a life. Stuart right again. If you see a modern ultrasound you see the orms and see the especially if you divide up body parts and sell them. And very very hard. Stuart she cant ask her. The technique. I want to move on listen to president obama blaming the republicans in congress for the irs scandal. What happened with the irs . Look youve got this back office and theyre going after the tea party. Well it turned out, no Congress Passed a crummy law that didnt give people guidance, they did it poorly and stupidly. Stuart and too bad if they didnt have bill riley as the interviewer there. Im sorry, if the president clairvoyant . The investigation is nowhere near finished and the press says theres nothing to look at. Here is what we know the irs told on the emails and we know the irs cooperated with the department of justice and stonewalling congress. And we know that the irs is arguing in court that they had the right to discriminate on the basis of religion. We have a democrat in charge of the didnt the audit eror say i think the president is simply, simply wrong. Stuart and if that comes out before 2016 a cat among the pidgeons. Yes it would. Stuart check the dow futures 60 points. Apple is accounting for 70 down points and they balance it out. What weve got is nufl a 60 point drop on the opening bell. Cold is hanging around a fiveyear low. In fact its a new fiveyear low and dropped to 1,090. Apple sold 47 million iphones and shana, look im not going to talk to you about the stack, youre not a stock analyst, look at the numbers of the revenue and the bop. I dont it seems that iphone is running away with the iphone market and sam samsung is in retreat. What say you . It looks like nice it looks like samsung is losing ground even in its home market where it looks like iphone calls r sales are up 200 in south korea. Its not just the number of iphones increasing in sales, its the number of switchers from enandroid to iphone products. If uf not xhoeld highly competitive in the smart vanworld i think youre running away with one of the most important products today. Am i going too far . Its getting apple in trouble to rely on just the iphone, but when youre looking at technology which is presumably in their plan. Apple and iphone are winning and increasing share around the world. Samsung is trying to compete with some new products live a med tal and glass version of the glass sticks, but so far have not made an impact in this race where apple is clearly winning at least rit right now. Stuart thank you. Weve got mary kissing next to to mary kissel is sitting next to me. Im watching my iphone. Im going to see the apple watch numbers. Stuart youre not going too. Shana thank you for joining us im glad you agreed with me. You can come back. I did. And i think youre quite amusing so ill keep watching you and got my iphone here too. Stuart amusing . I was saying i was on my iphone. Stuart youre all right, shana see you later. Ive got headlines for you, the summer doldrums. Its a busy summer. Peyton manning is helping the family members, the killing of five service members. He played College Football for the university of tennessee. A massive recall involving almost 35,000 acorn stair lifts. Theyre calling back the lifts after two people died and its the super glide 120 and call the company if you want a free repair. Listen up if you buy and sell stuff on ebay. Ebay is sharing your personal information. The consumer was contacted by ebay seller who says his name phone number and city were shared with a potential bidder without his permission. The item he was selling it was expensive, he feared someone would break into his home and steel it. Epay says they do share their information and no one for you to opt out. Stuart my Information Safest. Everyone loves the picture i posted of you. At t reminds you it can wait. People with type 2 diabetes come from all walks of life. If you have high blood sugar ask your doctor about farxiga. Its a different kind of medicine that works by removing some sugar from your body. Along with diet and exercise farxiga helps lower blood sugar in adults with type 2 diabetes. With one pill a day, farxiga helps lower your a1c. And, although its not a weightloss or bloodpressure drug farxiga may help you lose weight and may even lower Blood Pressure when used with certain diabetes medicines. Do not take if allergic to farxiga or its ingredients. Symptoms of a serious allergic reaction include rash, swelling, or difficulty breathing or swallowing. If you have any of these symptoms stop taking farxiga and seek medical help right away. Do not take farxiga if you have severe kidney problems, are on dialysis, or have bladder cancer. Tell your doctor right away if you have blood or red color in your urine or pain while you urinate. Farxiga can cause serious side effects including dehydration, genital yeast infections in women and men, low blood sugar, kidney problems, and increased bad cholesterol. Common side effects include urinary Tract Infections changes in urination and runny nose. Do the walk of life yeah, you do the walk of life need to lower your blood sugar . Ask your doctor about farxiga. And visit our website to learn how you may be able to get every month free. A new undercover video shows a top planned parenthood representative discussing fetuses. Roll the tape. Liberal commentator join us. You you do you see something wrong . There are some insensitive parts of it. Stuart insensitive . Im not going to let that pass by. Insensitive . Sir it was inhuman, to be discussing how to crush a baby from above and crush from beneath to extract the body parts for sale thats not insensitive its outrageous. And this video is heavily edited where she says we dont sell for profit whatsoever. Its not a question of selling for profit. Its about harvesting body parts and how to best harvest them so not to crush them. Are you not disgusted by this . Theres insensitivity in this video, but thats separate and apart from the good work to planned parenthood does cancer screenings, Health Screenings and makes it a critical part of the health. Stuart do you think that hillary as a leading democrat in the race should she address this . I think its a heavily edited video. The planned parenthood folks spoke out about it. Stuart Hillary Clinton objects to having pregnant mothers look at an ultrasound of a baby within their womb. She doesnt want that. She wont have that and she wont address this the selling of body parts . She wont address it . And you think she should concentrate on her economic message . Yeah because this issue has been settled by the high courts and settled by the american people. Most americans this is not a question. Every woman has the right come on richard, this is not about the right to an abortion, its the reaction to body parts of babies being sold. Are you not wait a minute, look you tell me, richard, are you not absolutely disgusted with this display of inhumanity . I just said i was. What this video why arent you pounding the table for heavens sake . Im sitting here telling you im disgusted by the video, but that does not speak to the work that planned parenthood is doing for women. And its a video to take down planned parenthood even though they provide paps smears mammograms. Stuart and leading provider of abortions. Legal in this country. Stuart and selling the body parts. Thats little in this country. Stuart selling of body parts . Millions of americans believe that they have the right to choose and we have to do this hands off a surgical procedure with no consequences. Stuart no matter your moral opinion the Supreme Court ruled its okay and legal for a woman to have the right to choose. So were debating something that cannot be changed unless congress or the Supreme Court has the will to change it. Stuart were not discussing abortion, were discussing morality. You are discussing time is up richard, thank you for being on the show. Appreciate it. Good to see you, stuart. Stuart all right. After that how is this for some scary video. A drone equipped with a semi automatic handgun. Is there a law that prevents this kind of thing . If not, do we need one . Well discuss it. Watch this. All right. Now the new video that you look at that. Youre looking at it now. A handgun firing off from a drone. Sandra is here and ashley is here. Im going to put my neck on the block sandra i think this is one instance you need regulation in the drone business. Sandra lets start with the irresponsible use of the drone and the handgun randomly firing. Stuart im sure that theyre a drone could fly here and do whatever it wanted. I agree with you. Someone has to make sure that doesnt show up in my back yard and firing through the window. Ashley this was put together by a 18yearold kid with the help of his college professor. Stuart not a good idea. Its the premier technology p can that would be apple. Its going to be down big at the opening bell. Here is the question buy on the dip . Seconds away from the opening bell. Here is what youre going to see. Apple will be down big, microsoft will be down big, boeing and cocacola two other dow stocks should be up just a little. Not sure how much up theyre going to be, but they will be up. Five seconds away from the opening bell. When bounce out, microsoft and apple and boeing and roughly a 70 point drop for the Dow Jones Industrials industrials 67 there you have it, instant correct. Down 59 as we speak. And howard the story is apple. Yes it is lower. Theres the first equity where are we down a buck 32. Whoa, now thats interesting. Why . Were down like at 121. Instead opened at 130, down a buck, nothing like the drop we were xekexpecting, put it back 8. Sandra would you give it a second . Out of the gate he wants reaction. Stuart i do, i want the reaction. Get back to the panel showing, please. Weve got ashley webster, andra smith and hillary is here and youre first, buy on the dip, the eight point drop . Absolutely, apple is still a cheap stock here. Its a place where most big Investment Managers are going to want to hide. 39. 7 Gross Margins and the margins have not yet contracted. Its where you want to be. The iwatch did very well the iphone only missed by a Million Units. Talking almost 49 Million Units and a million short. Apple is still a good place to be. Especially when you want to compare it to other Companies Like yahoo or i think the analysts have taken it down too much. Theyre overwhelmingly bullish on this stock despite missed results. And callan and company talked that they think its going to be stay pretty much where it is. Ashley we dont know how the smart watch did either. Kind of hid it. Sandra theyre not challenging this stock. I would be a contrarian if i was in the game of investing in individual fox, i would worry that all of wall street loves apple and Everyone Wants to own apple. Everyone has apple products. Apple continues to grow 63 of where is your watch . All of the sales are that was nasty of you. Sandra no one has an apple watch, but we have eye phones. Is it working . The number they did give was they did peg it to the introduction of other products versus the others and in every apple product has to be a total success. Stuart there you go. I think by the end of the day apple stock, which is now down 7 a share, i dont think it will be 7. I think it will be down less than that. I agree. Stuart i think its a pause and that people are going to ignore the expectations. The iphone seven youve got so many eggs in that basket. Stuart 12 noon is a long way away. Gold has broken the low, below, 1100 per ounce. And coming in from chicago, i say it looks like dead money for gold for the forseeable future and you say what . I think im going to have to agree with you on that. Gold products you from basically two i think so this inflation and fear and neither i which we have on the market. And then the jewelry component and thats small. I think im going to sell it again. Sandra there it would kinds of buyers of gold like dan, up and down up and down and occasionally gold coins and stocks. The look on your face again, im not suggesting you sell it. Sandra i walked into the studio today, whats wrong with sandra . When it comes to gold you follow the trend and the trends are lower and a lot of talk about a thousand announce. If youre worried about the Retail Investor im worried about the institutional investigator and potential change in the Interest Rate environment right now and thats leading to gold. Stuart id buy them gold coins and bury them. Sandra guess what . It would not move that market. That trade is offense and especially when it comes to gold. Thats how to put it in a brief sound bite. Thats how you do it. And look at this altogether what have you got in down almost 1 . Thats know the much. The nasdaq is not that far away from an alltime high. Look at microsoft, i own some of this stuck down a buck 46. It wrote off most of its investment in nokia. Thats why its down and again, im a shareholder. Disappointing forecast from yahoo where is that . Down 2 at 238. Look at this go down a dollar up on the screen. Youve got at that look on your face. Sandra you sell the news. Gopro actually had positive news and even though theres a lot of competition for gopro, i think theyre really come dominant in their area. If you wanted to make money invest where you see growth. And wait until the Holiday Season comes up. Thats debatable. And they turn to a profit. Stuart wait wait she said is sustainable. Excuse us as we back off for a second. The tech rally, i say its stalled for now and you say . Its bifurcated its a bifurcated rally and you want to have some cash on the line, but its not yet. Microsoft is a great value story to own. Google, if you dont want to own yahoo wean with the spinoff. So many to be made. Im saying that the tech stock rally may have stalled and you may what . You know it may have stalled and it will possibly bet langer. Probably not yahoo but an opportunity if r in some of the other names. Stuart thank you, dan. Sandra. Sandra technology has a great run. Look at other sectors. Stuart really . Outside of technology . Everything was supposed to be the shining store and in times of double for the market. First look at energy when is energy going to shine again . General motors i dont know, what do you think . Are you going to go back to the Old Industrial companies . What . No. I said Energy Energy plain and simple. Prices have come way down and the companies had to ramp down production. I wonder if youll be on the show tomorrow. Disappointing results, disappointing results, but bio biogen alzheimers drug and the market is selling that thing off. Indeed when you think about alzheimers families with people who have alzheimers, theyre looking at it would stop in patience. The tests were not as positive and conclusive as they hope. Analysts think its a better than 50 chance for the win and then chipotle. It turns out it had a wild ride. Revenue disappointed profits, traded down to 623 in the after hours, 100 less than where it is now. And today on the after hours, volatile, but this morning, about 7 positive comments from the likes of j. P. Morgan or 750 target. Stuart stocks disappoint and sells off afterwards down to 6. 23 and opens up with a gain at 7. 20. Id love to know. Disappointment and the analyst expectations. Tune in at 5 00 eastern time with Lauren Sandra and nicole a great show fbn a. M. Seriously, its a great show i watch it every moment. Accusing live and the same was settled in 2010. They make claims they can get your personal Information Safe from hackers and fcc says no we dont think youre able to do that. The ftc says youre doing it again and its not secure enough and misleading. Lifelock says thats not true and see you in court. Stuart if they say they can get it safe its like a toll booth in the middle of the ocean and when the hackers attack theyll find a new way around it. And lifelock its almost if you want your Information Safe, dont get online. Stuart who can do it without that. Were down 60 now down 30. 1 887. Apple is the stock of the day, the story of the day right now apple is down 6. All right, children in poverty under president obama, the number is higher than during the great recession. Thats the reality of the obama economy. Back in a moment. He. Stuart all right. Check that big board because were coming back nicely. Were down 18 points retracing back to 17. 9. Apple is the story of the day, the stock of the day quite clearly and right now were down about 6, almost 7. 123 on apple. Look at gold quickly. 5 1 2 year low. Weve dropped below 1 1100. And look at miners goldcorp and barrick, theyve not performed well either recently or the last couple of years actually. What youre looking at is u. S. Marine mark otto he was ringing the opening bell of the New York Stock Exchange this morning. Hes worked on the Trading Floor for years and still involved with the military. Hes taken a 200 mile bike ride this weekend from the middle of massachusetts to the tip of cape cod and joins us right now. Mark, thats a very long ride youre going on. You want to tell me how much you might be able to raise . Well its been a challenge since 1980s half a billion dollars. The goal is to raise 45 million. Stuart half a billion with a b, did you say . Absolutely. Theyve started out with a dozen riders and now 5500 riders a year now. Stuart and the cape cod ride, about what another 45 million did you say . 45 million is the goal this year, yes. Stuart sir, thats absolutely fantastic. Thats a gigantic amount of money in a very very good cause. I just want to offer congratulations to you on behalf of myself and all of our viewers what youre doing is truly great and i just think youre fine people. Thank you for your service as well. Mark otto. The actual ride is going to take place on august 1st and 2nd, if youre interested in donating to the charity, its pmc. Org. The ride starts in the first couple of weeks of august. Sir a pleasure to have you. Thanks for having me on. Stuart then this obamanomics, still not working. 22 of children in america lived in the poverty arena, i should say below the poverty line, to be precise, that was 22 in 2013. It was only 18 in 2008 in the great recession. Joining us now from washington dean baker with the research and Economic Policy research. I assume that your organization is slightly left of center so im going to ask you to defend obamas policies which i say are not working. Go. Were not in the job of defending president obamas policies, but let me just make a couple of points just to start with. 2008 was not actually in the great recession, if you read the report it was a point of saying the poverty rate was before the recession and thats the comparison. 2013 is not uptodate well get the 2014 numbers fairly soon. Ive been critical of the recovery and what got us here which is of course the housing bubble. Talking about it in 2002 2007 because the reality is when you have an asset bubble in the last decade or a stock bubble in the 1990s when that crash is the base of your recession, we recovered slowly from the stock double in 2001 and the same with the housing bubble, that was totally predictable. If you want to get out of this the problem with child profferty aim for growth. 4 or 5 growth and ill give you an answer to some of the problems. Would you agree with that premise . Growth would be great. I know that jeb bush is running around promising 4 growth and green cheese on the moon. He doesnt hold on a second. Growth and how its distributed, we could do things raising the minimum wage to help low income people. I would want to go for growth and i think you get growth by lowering individual tax rates, Corporate Tax rates and getting some more private money into the economy. Thats what i think is a good idea. Do you oppose that . Okay weve tried this again and again, the reagan administration, the lowest level of gdp in the postwar periodment and we tried that under president bush. Youve got the economy boomed. On candidates scott walker excuse me if you look at the point thats how we get investment. Stuart i didnt say thats how you get investment i said you get growth. You lower Corporate Tax rates and individual tax rates, you get more growth in the economy and get more jobs. What we got in that period were large deficits. Stuart and we got jobs and growth. Okay, but we could create them anyway have the government spend 500 billion which in the current economy might not be the bad thing to do. Stuart what about tax cuts. Was tax cut, president obama had tax cuts as part of his program a line tax cut and president obama actually had big tax cuts yeah pay tax credit and cut the payroll tax back in 2010 so he did have tax cuts. Stuart lets put it like this do you oppose lowering individuals tax rates and Corporate Tax rates . Do you oppose that . I oppose lowering individual tax rates because i think we probably need more revenue, thats not the way to go. I would be fine with lowering Corporate Tax rates if getting the loopholes. Our Corporate Tax, what we collect on Corporate Tax puts us underneath the other countries. Id be fine with lowering the tax rate if that went along with getting rid of loopholes so we could ill end with this we need more growth. Thats the debate right now, isnt it . How do we fix this economy . How do we do it . I say just give me growth. Dean baker, appreciate you being with us. Thank you, sir. Up next a team of hackers exploit weakness in chrysler cars computer systems, they control a jeep the steering, the engine and even the brakes. Weve got it for you. Top the locks, mess with the speed oment ter and speedometer and of course, disabled the brakes. Can a business have a mind . A subconscious. A knack for predicting the future. Reflexes faster than the speed of thought. Can a business have a spirit . Can a business have a soul . Can a business be. Alive . I take prilosec otc each morning for my frequent heartburn. Because it gives me. Zero heartburn prilosec otc. The number 1 doctorrecommended frequent heartburn medicine for 9 straight years. One pill each morning. 24 hours. Zero heartburn. Apple is the stock to watch today. It is down and by the way, other companies related to apple, like the chip suppliers and the component suppliers for the iphone are taking a hit as well. Look at the red ink on the apple suppliers hit list. Hackers now getting into cars. A couple of hackers remotely took over another persons jeep while they were driving on the highway. Youve got to watch this. Fox news editor gary gastelu is with us. Keep running that video if we can please. The hackers took control of everything in the car, didnt they . A lot of the systems were able to get in through the uconnect system and able to steer the car, affect the transmission and put it in neutral. Disabled the brakes and they shouldnt be near. Thats a murder weapon the hacker has a murder weapon in the computer. Potentially. They werent able to pinpoint how they got into this car, but apparently found the ip addresses. Stuart you could get into the Entertainment System and it was demonstrated, but this is hacking into the control system. Other hackers did it to another version of gms onstar system. You want to put up a firewall between the entertainment and convenience systems. And as we move to other cars talking to other cars on the roadway you cant so that the cars can brake themselves and steer themselves. They have to be trying to hack their own cars hiring the best security firms to do that and give you updates. One problem with the u connect system the update comes to download and a ubs stick and cant push it over the internet. You have to take it to the dealer. Or download it and do it yourself. Stuart they wont do that. I wouldnt do that. Now you told me that there is another ultimate deal maker who they say theyve hacked into that one. Another Security Company and tell forbes later this month at the hacker conference theyve gotten into tesla in several vulnerabilities they found in the system and tesla has one of the most connected cars they update it and not to mention the infotaimment systems and gary gas law gastelu youll have to keep it uptodate. And hillary in three swing streets. And mr. Brooks joins us for the entire 10 00 hour which is minutes away. Now judy doesnt think that shell be able to retire until her mortgage is fully paid off. This is mike. Mike is also 65 years old. His monthly mortgage payment was 728 a month. Now mike thought he would have to work for another 12 years until his mortgage was paid off. And then mike heard that a reverse mortgage may help him. He called one reverse mortgage to get the details. Mike retired immediately after getting his one reverse mortgage loan. Maybe you too can benefit from a reverse mortgage. Theyll send you an information guide that includes all the details and the stories of mike and others. A reverse mortgage. Is a mortgage with no required monthly payments. It was created for homeowners 62 or older so they can continue to afford and own the home they love. Many one reverse mortgage clients find they can retire sooner, do more the things they love or simply put more money in the bank. A reverse mortgage could change your retirement and your life. I examined my finances and i said, there is no reason why i shouldnt retire today. 10, 12 years earlier than i had anticipated. In the first year, his cash flow savings totaled 8,736. After 5 years, it will be over 40,000. It really is worth a call to find out if a reverse mortgage can help you too. Call one reverse mortgage now and ask for your free guide. 10 00 precisely. The bigger they are the harder they fall. Apple not good enough. Theyre down 4 . Hillary clinton waking up to troubling poll numbers for her at least. Shes in trouble in the swing states losing to bush walker rubio. And planned parenthood the story is being ignored by the media. Another hour of Varney Company starts now. All right. We are selling at an annualized basis 5. 49 existing homes per year. Thats up 3 over the selling rate last month. 5 1 2 Million Units, Housing Units sold per year. Ashley stuart since 2007. Stuart best selling rate since 2007. Ashley eight years. Stuart not bad. Joining us now is kohlingwood chairman. Tim, that number suggests a fairly healthy Housing Market at this moment. Your view . It does. I gave them aminus. Thats a strong number even on a historical basis. As you guest mentioned thats the hottest since 2007 its a great thing and couple of things worth mentioning youve seen a lot of drivers in terms of people buying houses and rents have gone hockey stick up. Theyre seeing Government Programs and fannie mae and freddie mac programs and see them go down. Just enough its like a hot poker in the back side and people are off the fence and otherwise sitting it out. Here is my problem with the Housing Markets and the selling pace as of right now. Only 32 , this is my understanding only 32 of the homes purchased were purchased by firsttime buyers. Usually back in the good old days, it was 40 and now its 32 . Its a shift in the American Dream. Can i go that far . Yeah its disturbing. I think aspirationally people have the desire to buy a house. Its two factors millennials who find themselves cash strapped because they cant pay for rent. Student loan and all of those things. However, now the minorities or new americans to be a first time home buyer and theyre struggling with a tight credit and cant find opportunities for people to lend to them and steamies the Home Ownership. Its going in the right direction, its going up. When i first came to america 40 years ago, my dream was get a job, and get a home. Build that house. Build that you know build your life around owning a home. That was very much the American Dream. I suspect that theres been a cultural shift away from that. Has there . Now what you did was you outlined the reasons why first time home buyers are not in the market as much as they used to be. And it was the Financial Condition and down payment you couldnt get a hold of. Im talking culturally is it still the American Dream, buy that house and get your foot in the door and get started. And youre seeing aspirationally, its consistent with generation x, baby boomers 75 of them think that Home Ownership is a good thing and desirable. We were concerned because the millennials have been driven to the urban markets, walkable and transit communities. Oh man, its going to kill the suburbs if these guys like that life style. They want to rent and still in the suburbs. Stuart one of the conservative voices of the day, and you are, whether you like it or not. And the question would apply to you. Has there been a shift in what i think of as the American Dream buy a house and grow with america. There had as been theres more pessimism, particularly among millennials. If you looked 15 20 years ago, what everybody knew was that housing prices only go up and it turns out they dont always go up after 2006 2007 2008 and we have more rational side too not everyone should own a house. The government for many years was pushing everybody, poor people, middle class, many they couldnt afford and blew up the housing bubble. If we see lower rates in the Home Ownership, thats not necessarily bad for the economy. Stuart for the economy, but this is america. I got it. Stuart what do you think im here more . Im glad youre here and want more like will you, stuart. We need all kinds of ownership not Just Real Estate property ownership, but we need an ownership that gets into equities and not Just Real Estate, but ownership of the political system. Ill get to that in a moment. Tim, thank you for being with us today. Ing interest numbers on housing 5 1 2 Million Units sold on annualized basis. Tim thank you very much indeed. Check out the big board, were off the lows of the day and we were down and now apple, the stock of the day, a few minutes ago it was down 7. Ashley its coming up a couple of bucks. Stuart told you. Ashley you did. Stuart not as bad as the analysts. 47 billion iphones in 13 weeks and thats terrible so you take it down apple will be fine. Stuart say it again. Apple will be fine. Stuart gold, five and a half year low if you put your money in gold. Any comments on the brooks . This is a good one and i have no idea. Stuart disappointing results for the biogen alzheimers drug. Its 3 12 this is. Chipotle, the profit is better than the analyst expected. The stock hit a new high 728 earlier. However theres a story here when that news broke late yesterday afternoon in after hours trading chipotle was 6. 23. Now the morning after, its at 7. 23. You dont know anything about this, argue. These are normal fluctuations and this stock is interesting its almost inversely proportional was with mcdonalds. These are substitutes for each other. Well see these going back and forth. Stuart its a cultural shift and fast food losing and here we go. Its a terrible thing, arthur. This is america, right . And pentagon confirmed that a top terror leader is dead. He had a 7 million county on his head. We showed you the video last hour. Its footage of a drone in connecticut by the way, firing a handgun. Its been viewed more than 2 million screws on youtube. This is spooking the f. A. A. Which is launching an investigation to see if any rules were violated. Does arthur have any comments on the drone. Im against firearms and drones. Stuart i think this is an area of drones where we could use some regulation. I think so, too. Look, this is one of the many areas where we can create a lot of bad if we dont have an understanding of how the system works. Stuart any comment, ashley. Ashley im frightened its out there. And because who else is going to say, is that cool and how are we going to see this. A 18yearold kid working with his professor. Someone should hire the 18yearold kid. Hes good. Stuart two researchers showed how they could take over the a jup cherokee using the wireless system. An hour from now well talk with one of the hackers, yes, thats the guy. 11 a. M. Or 11 30. Ashley what a great excuse if youre in a crash. Sorry officer, i was hacked. You can try. Stuart lets move on to Hillary Clinton, the latest quinnipiac poll her numbers have dropped among voters in colorado, iowa and virginia and lost grounds on questions about her honesty and her leadership. Here for is the aforementioned Arthur Brooks. I was surprised to see this. Hillary is losing in those three states to three leading republicans. What do you think is going on with her campaign . Shes starting to losing ground as composite republicans. What most americans see. People watching the show know about the individual personalities, but most people who are going to acquire practices and soccer rooms and they see a composite republican. Theres know the a whole lot of name i. D. But as hirn begins to detear rate because of the bad publicity brought on largely by the unforced errors. Its good news for republicans. Stuart reminds me of 2007 2008 where she gradually lost ground, lost ground lost ground and lost the run for the election. Political markets have found Hillary Clinton wanting just like they did with mitt romney. This is one of the things that politicians do wrong. They think if a political market found i wasnt good enough at one point, something was wrong with the market. Ered do you think shes a terrible candidate . She doesnt campaign well with them. She is uncomfortable in the crowd, her answer to everything is to hide. Not to respond. The biggest thing that the democratic field are division. And rblgs have to avoid that. Theyre not going for a growth theres redistribution. The republicans face anger as their main problem and the democrats face envy as the main problem. Stuart youre good. Are you with us for the hour . I am. Stuart down 6 bucks, 124 on apple. The companies that supply them 5 6, 7, 8 down on suppliers. When was the last time you talked to an investor who just bought stock in General Motors dupont, alcoa or any of those industrial Type Companies . We did not have that conversation, thats not where the little guy is putting his or her money these days. No, the money is flowing to Technology Companies and rightly so because america has become the premier hightech economy in the world and its American Companies that dominate all around the world. And those sad sacks in europe cant compete with apple. Does europe have a hightech company of any note . Who else has a facebook and who streams like netflix. Alibaba is trying to challenge amazon, but on entertainment they leave them in the dust. And the stocks of the company you use, is what you can buy. Thats what were doing. The cash flow of americas investors, good thats the way it ought to be. You want to be a part of americas success buy into it. This is not an endorsement of any stock and its not a cause to buy any stock. Im simply saying that wall street is not your enemy. Its the way we take part of our success and reward our brilliant Technology Companies. A new undercover video shows a top planned parenthood executive discussing the process of harvesting and selling fetal body parts. Receiving taxpayer money between 2013 and 2014. Joining us now for americas chairman, bret bozell. I want to talk to you about the establishment media, how they covered this story and did they cover it at all. Go. No theyre barely touching it. The first video i think a handful of seconds, i havent seen anything on the second video. This is house of horror stuff. This is like a story all over again. This is an institution that is taking hundreds of millions of taxpayers money bragging about the all the abortions theyre committing with it, but now calmly selling body parts of aborted fetuses to gosh ins where. If you want the videos nauseating, selling livers and hearts, and lower extremities and eating salads while discussing this and saying they want a lamborghini for the body of an aborted baby. Then as something that has to be stopped and that the congress has a moral obligation to stop funding. Stuart i dont think its about abortion abortion right or wrong. Thats not the story. This is public horror as the inhumanity of chopping up with fetus and selling the parts. Its morality at the heart of this and i think thats why the establishment media dont want to get involved. And its also a felony to sell body parts. Its a felony and there needs to be a criminal investigation. What this does if they gets to the heart of the abortion issue, what is happening in the abortion part. This is the holy clal and no one has asked if shes going to return the money or asked barack obama if hes going to condemn this. This is butchery yy and the american taxpayer is footing the bill. Stuart when would we get a chance to ask Hillary Clinton about this and stuart it will be the first time you have a chance to ask her anything. Shes in hiding because she doesnt want to be asked this question. I dont think that nbc is going to ask her, but there may be a reporter from fox news who ask what is a justified question of her since she has wrapped herself around the institution. What does she have to stay. Thank you, brent bozell. Thank you stuart. This is a huge opportunity for Hillary Clinton. Its a counter intuitive view when shes asked about, they can say this is wrong, i wont stand for it. And this would bring the mainstream torture, is she willing to do it . I doubt it, but well see. Stuart check apple, 47. 5 million iphones and iphone sales were up big time in china and india, but the stock is down six bucks. Shah galani i cant remember what you used to say about it. This is an opportunity to buy. This is ridiculous the earnings come out during the day and people took advantage of what looked like add numbers. The only problem i saw were quarter over quarter 23 drop in the sales of iphone. That happens every year, but the last couple of years, the average drop has been 18 . Nothing unusual there. Its a little more. Why investors got in a. Stuart you get a little anowed at expectations from the analyst. Yes. Stuart they expected 40 million iphones to be sold. We only sold 47. 5 sell that thing. The profits were up and 10. 7 and its got 300 sitting who knows where. This is the largest and Profitable Company in the world. You have to own this. Its a buying count. A buying downtown says shah galani. Stuart its now down 5 minutes and change and it was 7 points. And thank you very much indeed. President Obama Joining jon stewart on the daily show and he used that time to back the irs saying they didnt target conservatives. He should we should be blaming congress instead. Look at this. Solving the rubics cube in a matter of seconds. Back with more varney after this. [dad]i wear a dozen different hats doing small gigs,side gigs. Gig gigs. Quickbooks selfemployed helps me get ready for tax time. To separate expenses,i just swipe. Its one hat i dont mind wearing. [passenger] i work for me. And so does quickbooks. It estimates my taxes,so i know how much stays in my pocket. And thats how i own it. [announcer]stay in the flow with quickbooks selfemployed. Start your free,thirtyday trial today at joinselfemployeddotcom. People with type 2 diabetes come from all walks of life. If you have high blood sugar ask your doctor about farxiga. Its a different kind of medicine that works by removing some sugar from your body. 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Common side effects include urinary Tract Infections changes in urination and runny nose. Do the walk of life yeah, you do the walk of life need to lower your blood sugar . Ask your doctor about farxiga. And visit our website to learn how you may be able to get every month free. Ladies and gentlemen, we are proud to say that Arthur Brooks is the leading intellectual on the conservative side of the aisle for us in america today. And hes with us for the entire hour and he wrote that book the conservative heart which is just out. Im going to pick a quote. Here it is the conservative mission is to make it possible for every american to earn his or her own way. Thats reaganesque. And reagan had it right and thats why reagan won. The secret to his success was his optimism. The secret was not railing against liberals and big government, he did that sometimes, but it was his optimism. I grew up in a liberal family in seattle, which is redundant there are about eight. I heard that republicans and conservatives hated poor people. In this book i show its not true and talk to people pro poor, pro optimistic and going to win again. Stuart ive gotten seconds and i thought that john kasich about that. And jeb did that and marco does that and thats why theyre leading hillary in that poll. Stuart youve been advising them. And president obama has the final appearance on the daily show, how about this . Youve got the back office and going after the tea party, turned out, no congress has passed a crummy law that didnt give people guidance in terms of what they were trying to do they did it poorly and stupidly. Stuart i think that needs some comment gerri willis is here go. Its not with the congress, its the treasury Inspector General made it two months ago not one year ago or six months ago, two years ago, the irs used inappropriate criteria based on their names or policy positions. This is the president s own government. He is arguing with them. He doesnt have to talk to the republicans. We have r were going to break it down. Another one i want you to hear. The truth of the matter is theres no a big conservative here theyre sorting outen could flikting de conflicting demands. You dont want all of this going through so big conspiracy was it . I reported a couple of weeks ago the irs, lois lerner got together with the fbi to discuss could they hold the groups feet to the fire by bringing criminal sanctions. Of course it was, they were getting together on this of course, they were gog after conservative groups. Stuart the president doesnt want the the president doesnt want the full open story to be revealed until hes left office. Thats my opinion. Its too late for that. Because this afternoon, Judicial Watch is coming out with more emails from their own foia requests freedom of information requests, one of the insiders at the irs who shows their own bias to conservatives. Stuart interesting, well be watching, thank you very much indeed. And Arthur Brooks is with us. And first checked when they were first weaponized as an agency. Stuart now to something very have very serious. A leaked video from planned parenthood. As long as weve got to fight for a women to make her own choices about her health youve got a president with you fighting with you every step of the way. Thank you, planned parenthood. Technology empowers us to achieve more. It pushes us to go further. Special olympics has almost five million athletes in 170 countries. The microsoft cloud allows us to immediately be able to access information, wherever we are. Information for an athletes medical care, or information to track their personal best. With microsoft cloud we save millions of man hours, and thats time that we can invest in our athletes and changing the world. Stuart i have breaking news for you. It has had impact. The crude oil the amount in storage went up by 2 1 2 million barrels, more than expected. Supply up, price down. Weve dropped below 50 bucks a barrel. Look at this, please. A toyota warehouse on fire in new jersey, and i mean on fire. There are reports of cars exploding because of the extreme heat. You can see the roof has been burned away completely. Hundreds of firefighters involved getting after this one. They have been trying for this to get it under control for hours. By the way, that warehouse, burned entirely is the size of 50 football fields. Back to the undercover planned parenthood video showing a top planned parenthood executive discussing the process of selling fetal body parts. Roll tape. Thank you for giving me the here understanding. Here. Stuart tough to watch. Joining us wall street journal columnist and Manhattan Institute scholar. Stuart jason riley. Welcome to the program. Good morning. We were discussing this earlier. We were looking at politics of it. Arthur brooks was here. Hillary has opportunity here, sigh im prochoice this is morally wrong you could win some ground on this issue surprisingly some you say what . I think to the extent that abortion become as big issue in the president ial campaign i think Hillary Clinton would welcome that fight, i really do. Because i think this election will be about swing voters mainly. And, this will not help republicans with Younger Voters with independent voters and with women. And so i think to the extent abortion becomes an issue in the campaign and she is campaigning against a bunch of men i think she will welcome that fight. Stuart is this about abortion . You could turn it into debate about abortion. I think this is a debate about morality and humanity. I agree. What is also fascinating the pr hit that planned parenthood could take as a result of this video stuart. There was a poll out a couple years ago said most americans didnt even know that planned parenthood provided abortions let alone they were the major provider of them in the country. To the extent this video exposes what this organization really does, it is a major, major pr hit. Stuart will they defund planned parenthood . I dont know if they go that step but with Republican Congress they will certainly try to move in that direction. Stuart but you see this as opportunity for democrats . Oh, well, again i think that democrats will welcome abortion as a major issue in the president ial campaign. Gallup had a poll out couple months ago that showed, i believe 55 of americans now identify as prochoice versus 44 who identify as prolife. And the prochoice segment has been trending up. So i think they would welcome this fight. Stuart so even with this horrific story, to me it is flatout horrific, even with that, you candice track attention from the need to recreate prosperity . You can talk social issues like abortion and other issues and distract attention from the move towards prosperity arthur . Well indeed that is what they will try to do because their fundamental position on the left is getting so divisive and so pest mickic about the American Dream. What how people argue about abortion, the left doesnt quite understand have its mind around indeed talk about prohibiting all abortions americans are against that position to be sure. A lot of cultural work for the right to do. At most ghoulish extremes, partialbirth abortion lateterm abortion selling body parts, big majority of americans are against that you will not get persuadable americans, mainstream americans standing up for hobby horse, extreme leftwing positions. That is the opportunity for somebody that wants to win in the general election to say look, im prochoice, this is too much. This isnt right and most americans can really identify with that position. Stuart last item, if i can refer to this, jason i read this morning that there are more black babies aborted in new york city than are born. Comment, please . Well, this has been the case for a number about years now. It is particularly fascinating stuart i didnt know that. Oh, yeah. I think back in 2012 i read a report that although blacks were only 25 of the population in new york, black babies are 42 of all abortions. New york is no outlyer here. In georgia whites out number blacks two to one. Black babies are absolute majority, 53 of all abortions performed. You would think black lives crowd might focus on Something Like this, then spreading false narratives about epidemic of Police Shooting black people. This is the real epidemic. Stuart if youre a white politician dont dare say black lives matter white lives matters, all lives matter. You will be booed off the stage. Thank for being with us. Shares of biogen are down after mixed results with a experimental alzheimers drug. Dr. Marc siegel is here. Stuart a lot of us, marc want some progress treating alzheimers and there was hope the bio again drug or whatever it is the treatment would go some way towards that. Apparently not. I see it differently. That is why you have me here. Stuart thats right. First of all let me walk this back and give you a little biology lesson very simply. Alzheimers is related to a build up of plaque in the brain, also tal proteins. Focus on amyloid plaque. The iceland is dont have the, lack gene to make that plaque dont get alzheimers. The amyloid plaque is a big deal. We know the drug helps to get rid of that plaque but what we dont know whether the plaque causes alzheimers or happens to be there as marker of alzheimers. We dont know that. Where there is a step back stuart, this doesnt show improvement in thinking. Only Shows Improvement in getting rid of the plaque. I still think its a step forward and i still think we need much larger studies than this. Were talking about 163 people studied over 54 weeks. Those 163 people showed less plaque at the end. They just didnt show better thinking in the process. This is early in the trials. We need face two and three trials to figure out if this works. I think this is very promising drug. I have not been dismayed by this news. Stuart so far we dont really have a handle on alzheimers. If youre diagnosed with it you cant go to a doctor to get a treatment that can take care of it. Were nowhere near that, are we . This is the most promising drug for alzheimers and im very, very excited. Stuart repeat that. Is the most promises drug for alzheimers, the biogen drug. Thats right. Everyone to know, phase one trials is to check safety. Guess what . It is safe. It a pierce to be very safe. Now we have to see whether it works. This information is too early. We see it is working getting rid of the plaque. That is very exciting. Think of those icelanders. They dont get alzheimers. Should we study the icelanders . We have, we have. There was a huge study on icelanders not all of iceland. Im talking actually about those that dont make the plaque, dont get alzheimers. The amyloid plaque is related to alzheimers. Get rid of plaque you may get rid of the disease. This is very, very promising treatment. Move to iceland. That is what we have to do, right . I dont want big business to forget about this drug. Stuart hole on, arthur what is the capital of iceland . The capital reykjavik. Stuart thank you. Time for the sector report. Quiet on the set. Time for the sector report. Cheryl, what are you watching . Cheryl is here. Her turn. Taking a little look at technology for you. Were looking at apple disappointment with the earns last night particularly those iphone sales and iphone watch. You heard the numbers. Stock is down about more than six bucks. Almost 5 . Also looking at some other Big Technology names. Yahoo microsoft, gopro, sorry stuart, microsoft down 3 . My apologies. I feel bad. No i dont. Stuart you dont . Im done. Bye. Stuart nuclear deal with iran facing enormous opposition. Critics even calling for mass demonstration in times square tonight. Are you moving forward fast enough . Everywhere you look, it strategy is now business strategy. And a partnership with hp can help you accelerate down a path created by people, technology and ideas. To move your company from what it is now. To what it needs to become. Im Nicole Petallides with your fox business brief. The Dow Jones Industrial average right now down about 54 points at 17,864. The s p down five. Nasdaq down 38. Tech certainly weighing on all three major averages. Other movers in earnings boeing, for example sales on the rise. Profit topped estimates, selling more planes up 1. 7 . Cocacola up. 1 of 1 as profit jumped 20 in the second quarter. Were looking at intuitive surgical, the robot surgical equipmentmaker. Tinner out consistent growth going forward. With that the stock is up 10 1 2 and hitting a new 52week high. We have a slew of earnings after the bell. Apple, microsoft. These may be big ones tomorrow. Newmont all lower. 5 00 a. M. , fox business me sander doctor and lauren. If you cant stand the heat, get off the test track. Get the mercedesbenz youve been burning for at the summer event, going on now at your authorized mercedesbenz dealer. Hurry, before this opportunity cools off. Share your summer moments in your mercedesbenz with us. Here is a simple math problem. Two trains leave st. Louis for albuquerque at the same time. Same cargo, same size, same power. Which one arrives first . Hint its not the one on the left. The speedy guy on the right is part of an intelligent system that creates the optimal trip profile for all trains on the line. And the one on the left . Uh, looks like itll be counting cows for awhile. So maybe the same things arent quite the same. Ge software. Get connected. Get insights. Get optimized. Stuart donald trump is going to the boarder. The president ial candidate tweeting this quote. Im going to the border tomorrow. Well be seeing some really brave people. Look forward to a big day. That from trump, just in to us. Now this. Ohios Governor John Kasich joining the crowded republican field for the president ial race. Listen to him. Have the experience and the testing. The testing. Which shapes you and prepares you for the most important job in the world and i believe i know how to work and help restore this great United States. Stuart joining us now, cincinnati radio show host brian thomas. Frequent guest of the program. All right, brian, i, hes going to win ohio, isnt he, if he was president ial candidate, ohio, swing state big state, it would go to kasich, wouldnt it . If he gets the partys nomination which is not going to happen, then yeah, i think he would take ohio, that is fair to say. That is not to say that ohio is necessarily happy with governor case i can. Stuart why . For variety of reasons we can go into. Stuart won the last Gubernatorial Election by 30 points or something. Whats wrong . Yeah. But he also did it, did it in slightly underhanded way. He kicked out the libertarian candidate through some political shenanigans. But that issue aside he was a superior candidate, against a very inferior opponent. You know, two dogs in the fight, one is an obvious loser you go with the best bet. That is governor kasich. Honestly im one of the feel who betrayed i campaigned for the man, tea party, limited market free market kind of guy. That is not the man that is in office. I give you the Medicaid Expansion against the will of the electorate against the will of the lidgetive branch and, in a, completely irresponsible thing from a budgetary standpoint. He all did it because i guess god told him to. Stuart hold on a second. I saw that speech yesterday. We ran it in full on this program. I saw it. It seemed to me that he was just full of optimism what he could do for ordinary people in america. He rang my bell, flatout, he did. Not you, no . Not, not me. I mean by illustration Government Spending in the state of ohio is up 4. 6 billion since Ted Strickland left office. I dont call that the actions of a fiscally responsible person. Moreover, again, i give you the Medicaid Expansion. This is going to marry you to obamacare. If it is the responsible thing to do, as he pointed out from his religious standpoint, if im at pearly gates i want to answer for what ive done to the poor. Im expanding medicaid in ohio. It has ballooned, doubled beyond anybodys expectations. It is 34 of the increase of our spending already. Were not even on the hook for the 10 well hit in 2017. Now if he likes what stuart i have Arthur Brooks with me. Want to bring him into the discussion. He has to listen what he has to say. Go. I understand policy disagreements people have with governor kasich, big points i make in the new book ive been talking about here this hour conservatives at president ial level win when theyre optimistic, win when propoor than the other guys and win opportunity and lose when party of anger. Republican party has to decide today are we a party of anger or are we a party of aspiration. If it is formerly they lose. Fit is the latter they might win. Case i can is cracking the code here. You might disagree with him on policy positions but good stuff. Stuart go, brian. So, were arguing about the form of delivery . You can be as optimistic as you want but im looking at mans record. Im not asking for negativity. Im asking for practicality. I think most of the listeners of my audience feel exact same way libertarian leaning group, that is concerned about the Financial Reality of what obamacare, one aspect is doing to our country. Look at our debt. Look at trajectory. Look what it costs. There is governor case i can embracing it. Kasich. It is not responsible thing. Stuart we heard you. Glad to get opinion from ohio, the day after john kasich announced. Appreciate you being with us. Brian thomas from cincinnati. Pleasure. Stuart all right, well get more on the optimism theme. Well get there i promise. Good stuff. Stuart another president ial candidate, Rick Santorum is trying to boost his popularity among voters. We have that coming for you. How hackers managed to take over a jeep. Doesnt that sound like something of terrible things to come . Details in a moment. Can a business have a mind . A subconscious. A knack for predicting the future. Reflexes faster than the speed of thought. Can a business have a spirit . Can a business have a soul . Can a business be. Alive . When Kevin Jorgeson needs light, he trusts only duracell quantum because it lasts longer in 99 of devices. Usaa makes me feel like im a car buying expert in no time at all. There was no stress. 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I think i got fox business on the radio here on sirius. Youre driving down and people do have this ability to hack into your system and control various functions of the automobile. Now i should point out that we just got a statement from fca, Fiat Chrysler. Put that up there. Perhaps you see. To fcas knowledge there has been not been a single real world incident of unlawful or unauthorized hack into a vehicle. These hackers were socalled, put seatbelt on too. Just got on interstate. White hat hackers. Theyre trying to help but, somebody out there might be a bad guy. Ashley. Stuart jeff flock, bring you to a stop. There you to. Just stop the car. Jeff flock. Coming up next hour. Well talk one of those hackers on the very program 11 30 a. M. Eastern. Hour three of varney three minutes away. So youre a Small Business expert from at t . Yeah, give me a problem and ive got the solution. Well, we have 30 years of customer records. Our cloud can keep them safe and accessible anywhere. My drivers dont have time to fill out forms. Tablets. Keep them all digital. Were looking to double our deliveries. Our fleet apps will find the fastest route. Oh, and your boysenberyy apple scones smell about done. Ahh, youre good. I like to bake. With at t get up to 400 dollars in total savings on tools to manage your business. Glrchghts there was something in human about about it that callused discussion of body parts of fetus from crushing below to brerve a babys organs for sale. All of that touched a nerve that made us think about what kind of society we have become. The idea that all human life is flat out sacred is now rarely mentioned. The second particular hulists doapght belief it. A fetus is a blob do with it what you will first came ultrasound you can see the blob moving. Kicking tiny legs, waving tiny arms you can even see a face and see the beating heart. Anyone who has seen a modern ultra sound cannot dismiss that as an organ farm. The videos people haggling over lungs and liver tissue as they order their salad and sip their wine no matter your politic you cant walk away from that and turn your back and have no opinion. And planned parenthood cant hide behind the apology of the tone that officials used. No. It is time to confront the callused indifference to human life itself. I dont want a dime going to body part farming. [inaudible] said is before. There it was again from planned parenthood talking about selling parts of aborted fetus a disturbing story johned by john that morris welcome back to the program. Touch with a watch because it is tragic what theyre doing at planned parenthood. To see someone discussing a child and drinking wine. Top executives of planned parenthood not rogue members of planned parenthood especially on business channel to bring up it is getting half a billion dollars of taxpayer money. Half a billion a year. . Iewrt now, look i want to know if this is going to shift Public Opinion. Not Public Opinion on the abortion debate but the sangty of human life. Do you think Public Opinion starts to shift on that issue that human life is sacred . Does it shift . I think technology has allowed us to shift talked about it before that Ultrasound Technology i had a wombing who was in an argument with her boyfriend. A single mom now to be, and she sent me a text on my phone, of her ultrasound. She said why is it that my that the father of my child cant understand and hes asking me to have this abortion . So in other words, sometimes selfish purposes can trump everyone the obvious. Pure point therefore we dont respect the sacredness. Thats modern life isnt it . Theres something about this part of our history where weve abandoned the idea that the life is not submitted to a industrial process of selling the parts. Im looking for shift. Im looking for a shift back to the wait it used to be. Another reaction but go back to take a look at the way we look at human life. I dont think quire were getting there. But were getting to the point people of conscience can say this is human life. We cant do this. But i dont think were moving as a society towards a respect for the sacredness it has to do with the define. To do request eternity. Are we moving in that direction no. Were not. But youre a pessimist. Im not. But i think that there are ebbs and flows we go through you have it times as people. Were ahead sometimes. A little bit were in a downside speak, so to speak, in terms of sacred as you mentioned not going to hell in a ham basket there can be good and bad times but if were going to survive, we have to also respect and we have to respect the sacred. You deal with this every day dont you . I do. Every single day of your life. Hour and a half ago i was not just abortion but pulling a guy off the stoop of my church who had gotten in fight whoot himless man and sweeping him off the church in the south bronx. Thats also the type of those are real real questions that we have to deal with as a society. Taking care of the poor. And mother in the situation having abortions. Defund how can we give half a billion dollars to an organizationing who is doing this and we need politicians to stand up on both republican side dismn democratic side and say this is this is fin human. This is disgusting. Thank you i hope you come back on this issue. We thank you. Sir. Listen to what the arena obviously, a republican capability for the presidency listen to what she said about this planned parenthood issue on fox and friends. I know plenty of prochoice women who were horrified by this because think about the hypocrisy of lobbying against a womans ultrasound to see before she goes abortion. Using that same technology to harvest body parts of something that you tell a woman as she lays on the table is not a life. Okay, go pack chairman david joins us now. Republican, says qk to the program. The opinion has been expressed on this program this morning that this issue, planned parenthood issue could be turned to democrat advantage. For example if Hillary Clinton came flat out and said look im prochoice but that disgusting and i hate it. That would do well in political terms, wouldnt it . Unlikely that shell do that. At a time when leadership requires us to stand up on big issues facing our country Hillary Clinton has been silent. But Carly Fiorina has a prolife position. Is not afraid to go on any media outlet to talk about her prolife position. And makes an outstanding point that fact and science are on the side of the unborn. Do you as a republican want to bring in social issues to the campaign . When the like of success in the republicans rest of economic issue and prosperity. As we get ready for the general election, theres to reason to believe that economics wont still be the ut decision. But there are millions of voters stuart who care passionately about this issue and they want to know where their candidates stand. Carly is saying im prolife and looking to get the nomination, if she gets ready for iowa and for south carolina, new hampshire, thats the coalition shes trying to put together. I have to say it again, though, david i dont think this is about abortion. I think this sb the treatment and sanctity of human life. I dont disagree with you stuart. That is why it is good to have Carly Fiorina standing up an talking about facts and science are on the side of the unborn and leaders are thankfully willing to do that. I want to move on to trump. Listen to this going to the board border he tweeted this this morning. Just maybe 30 minutes ago. Im going to the border tomorrow. Well be seeing some really brave people looking forward to a big day. David what do you make of trump . Fox news and Fox Newsradio and all of the fox god lets are thrilled that hes in the debate because ratings are through the roof. Other nine candidates they get exposure they wouldnt get otherwise. As i have my sweet 16 now that we have 16 candidates with john kasich that impact my thinking on my bracket. Wish you werent part of the deal. Glad hes part of the deal. Looks he brings a part of the conversation that our voters need to have and who is the best person to beat Hillary Clinton in november. I said publicly i dont think he recollected have used language that he used when we went after john mccain and mexicans for example. I dont think he recollected bring that into a president ial campaign. Sure, number of republicans agree with you if you look at recent polling that shows people are starting to have seconds thoughts about donald trump open to him and not to suggest that hes losing his support and wont be in the debate. He will. But for those on the fence his comments about senator mccain has cost him bumps he has to correct it. He could do a third party guy trying to get our republican nomination you hope hell support the republican nominee. We shall see. Yap we will. Thank you very much. Check that big board please were going back down again 60 at open. Then we were down about 10 now. Were down at 77 17,841. Apple story of the day. It is now down 647. 124 on apple right now. Gold, the price there is at five and a half year low dropped below 1100 an ounce. Disappointing results from biogen down 11 dollars down 2 . Chipotle sales again disappointing their profit, though, was bitter than the analyst has been expecting. So the stock hit a new high this morning, 728. Do not forget the price of gasoline recorded for you every single day. National average is 2. 74. The big story, though, is california, most pex pensive gas in the land by a long, long way. Back in the greenest it is 3. 86 in california that is at least a dollar and more above the national average. Actor actor Ashton Kutcher hes taking on new york mayor bill de blasio and all about uber quoting a message that kutcher posted on facebook this is the corrupt shortsighted politics that is destroying innovation. Cheryl is with us. What do you think . I love this celebrity has been defending uber Ashton Kutcher by the way. What did you say . Kutcher . I want to let you know incase you do the story again today. But hes a big a big Silicon Valley guy so hes been one of the people as far as investor and Angel Investor of this type of guy. Hes put a lot of money in company in Silicon Valley. To see this, hes very much in technology so hes taking this as antitechnology. Hes going after de blasio, and finally, i mean, yes hes a select but not your typical left leading not smart celebrity but hes a bright guy. He is. Sorry no offense o. [laughter] to hollywood people stop there but seen backlash in sphrirveg. Stop laughing at me. Of San Francisco of all places against uber the company that is weird. Good for Ashton Kutcher defending capitalism and technology and a im sorry people love uber it is not going away. American arests are going to support uber. Now im done. You have a threehour live unscripted show, and could be a dangerous show. [laughter] watch out. Talking after the show. [laughter] thanks everyone. Secretary of state john kerry says irans vow to vie the nuke deal says that is disturbing still Obama Administration is still pushing that plan. More on this in a moment. trader vo i search. I research. I dig. And dig some more. Because, for me, the challenge of the search. Is almost as exciting as the thrill of the find. announcer at scottrade, we share your passion for trading. Thats why we rebuilt scottrade elite from the ground up including a proprietary momentum indicator that makes researching sectors and Industries Even easier. Because at scottrade our passion is to power yours. Shootings in chattanooga raised questions about military Recruitment Centers being gun free zones. Introducing a bill this week to eliminate those gun free zones and he joins me now from capitol hill. Senator youre trying to eliminate all gun free zones all across the country no matter what they are or just Recruitment Centers . Well, it is actually enbetween stuart. It is not all gun free zones although that may make a lot of sense but wii focused on military installation but not only recruiting centers but in merle in which military men and women are denied the opportunity to carry a firearm. Here we have do you have republican and democrat support for this . Were working to accomplish that. To me it shouldnt be a partisan issue but a common sense issue. Thats what i was getting ready to say is we have some of the best trained most disciplined individuals and yet the policy is such that theyre fun able to carry a firearm. Protect themselves and whether at a Recruitment Center or military installation otherwise. It makes sense to me to utilize the ability for selfdefense and defending your colleagues as well. I believe that this gun free zone idea at marl recruitment . Eafers introduced back in 1992 i think thats the case introduced because there were several shootings on military bases when soldiers were fully arminged Walking Around with their guns. Worried maybe that well get back to that situation . I hope not. I hope people are more protected in every sick when theyre able to protect themselves, protect their friends and colleagues people who surround them. If theres some individual problem that is related to a person who has incapable of making a solid choice for example, if theres likely to be of harm to themselves or others our legislation allows a base comangsder on case by case basis to say we want that to be an a exception but a broad solution that requires the ability to carry a firearm. Youre intruding on the command i understand that. But in this case commander in chief is the president and the president is not going to be very favorably inclined to allow soldiers to protects themselves and others so we have made the decision that broadly speaking a neck of the military autoto be able to carry a firearm. Thank you for joining us we appreciate you being here. Thank you. The president may be defending the iran deal yes he is. But just yesterday john kerry secretary of state called iranians to defy the u. S. Very disturbing. Tonight by the way stop iran rally that is expected to draw thousands to new yorks times square thats unusual. The right doesnt often take to the streets in this case, they will. I want to bring in former secretary of state bob, all right bob, i think this is a done deal. I think you go to the United Nations drop the sanctions and bingo off to the races i think it is a done deal you say what . I think it is a doanl deal in general because the u. N. It will go through the u. N. And through the security counsel theyre negotiating the deal so youre quite right. Theres always a possibility that the United States wont go along with it. That presents complicated problem because other countries will therefore sanctions will again to fray as other countries begin to increase their trade with iran. In the United States cant snap them back. Difficult to snap back. So they go to the United Nations pun says yes wonderful deal, sanctions come off. Got it. Now what happens if we in america, it goes to congress. Congress has time to look at it 60 days and Congress Says no we dont like this. President vetoes it but Congress Overrides that veto. Then what . Thenout get a very complicated situation and that is that other countries will go along with the deal and implement the deal that they begin trading with iran. The question of the hundred billion dollars is very complicated however. I think theres very little discussion of this. What happens through hundred billion is theres hands in escrow in china, india who buy oil from iran but are prohibited as a result of a deal made by the United States from allowing iran to refroit that money. They can use it to trade with iran bilaterally but they cant under this deal with the United States repay to allow iran to repatriate that. The president can give the signal that this can repatriate it because heeling find it is a good one. He said that whether hell be able to do that or whether congress has say over there. I doubt. But it is a complicated area and sanctions will only be able to be pulled apart in a gradual way by the United States because well have sanctions. See this sanctions on iranians for human rights issues but Nuclear Sanctions almost certainly highly likely to go because president has discretion to allow them to diminish. Reading between lines of what im hearing is it is a done deal. No way on gods green earth you can put them snap back in sanctions. Ferlg awfully hard to do. I think thats right. American sanctions arent human rights but others stay on. But broader are likely to go. Thats the end of the story. Over a period of time therefore you get chinese trading fair amount with iranian indians are, europes have not been. But theyll start their Oil Companies are going to be back in the game very quickly so well be out the rest of the world will be trading with them as normal. And a the real problem comes after president obamas left office. In a year and a half from now hes not in the white house. Another president has to take care of the deal which barack obama has done. Well thats a really problem. Monitoring will be complicated but Nuclear Experts with whom ive spoken have said it is hard a period of 24 days to cover up changes in your centrifuge and thing of this sort. Research has done in north korea but North Koreans always a risk that can be done. But very few people who are able to the pakistanis are probably not going to do this. They have very good relations with saudi so prospect is they wont do but the risk. The fact is i think were better off with this deal for a number of reasons than a alternative they would have gone headlong to get on the nuclear threshold. This throws theming down but complexities and monitoring it, for sure. To me it is not just not good enough to slow them down. I think it will slow them down. Question is what happens at the end of the ten years which is a point youve raised. Catch him cheating. Yeah, but the monitors have become much better at this and all of those people you talk about demonstrations. Demonstrations in tehran these were not people celebrating victory over the United States these are young people who want iran to engage with the world. They want to engage with them as young people there are very international. Government okay government is the problem. i just the government for a minute. Theyre bad guys and theyre going to do very bad things all around the world. Younger people are a different type and have a different mentality. Yeah they would like theyre the most internet savvy, young people they like american style. Out of time. Coming up, i have to get back in two minutes. [laughter] new york state is reinventing how we do business by leading the way on tax cuts. We cut the rates on personal income taxes. We enacted the lowest Corporate Tax rate since 1968. We eliminated the income tax on manufacturers altogether. With startupny, qualified businesses that start, expand or relocate to new york state pay no taxes for 10 years. All to grow our economy and create jobs. See how new york can give your business the opportunity to grow at ny. Gov business. Get excited for the 1989 world tour with exclusive behind the scenes footage all of taylor swifts music videos interviews, and more. Xfinity is the destination for all things taylor swift. Stuart will you look at this . That is an juice that is even jesus, the website you can use to find a housekeeper appeared 20 . The reason they are not making as much money. 21 down. Four dollars a share. Down she goes. In two weeks we will find out that the irs destroyed the lowest learner emails. That is the headline. We will find out in two weeks that they did it. Is that accurate . Yes, that is rightparen they say before august recess he would like to see the Senate Finance at the irs did improperly destroy up to 24,000 lois lerner females. This came after congressional order, telling the irs dont do that. After the irs chief Technology Officer there said dont destroy the email. The irs chief Technology Office said that may of 2013. Stuart we said dont destroy the emails. They went and destroyed emails. We will find this up conclusively from the Senate Finance committee two weeks from now. They say they want to be the dropdead final say on the matter. The report will come out before august recess, another point that needs to be noted. Irs officials including lois lerners Text Messages on her blackberry were not backed up so she could have been communicating with administrative officials. Also the irs, even though they say we will uncover every stone they didnt look into around black hairy. All this came after president obama said before the super bowl not a smidgen of corruption. There was distraction. Stuart same thing yesterday on the jon stewart show. Nothing to see here, folks good wait a second. This came after his state of the Union Address and after 10 Top Democrats in congress put the pressure on the irs should look into nonprofit groups over conservative tea party groups. Stuart i am pounding the table because it looks to me like the administration used the machinery of government to interfere in a president ial election. They were pressuring conservative people. Then they said we didnt do a thing like that. Irony as the tea party guys are saying stop Government Spending. So its almost like a conflict of interest on all sorts of levels. Ill stay on the story for you. Stuart in a moment, you will see that car. Derek goes. It was driven into a ditch by a hacker. A hacker did it. One of them joins us in a moment. They can control the jeep steering as long control the jeep steering as long as it is in reverse. And of course disable the breaks. Push your enterprise and you can move the world. But to get from the old way to the new youll need the right it infrastructure. From a partner who knows how to make your enterprise more agile, borderless and secure. Hp helps business move on all the possibilities of today. And stay ready for everything that is still to come. Stuart looks like below the low for the day is not tribe as we speak. The price of gold is at a five and a half year low and the price of crude oil is down at 50 a barrel. There is a big increase in the amount of oil that god is george reported earlier. That is being more supply, price goes down. Below 51 stage analogous up 5020. This will get you kind of nervous. Hackers able to take control of the jeep while it is moving. Look at this. They can control the jeep steering as long as its in reverse. Mess with this pedometer and of course disable the breaks. Hold on. Hold on. Stuart kind of dramatic. My next guest is one of those car hackers. Director vehicle security research, graceful asset. Good to see you. Thanks for having me. You are the director of vehicle security. Why were you hacking into somebodys car while theyre driving at . Charlie and i are about pushing the boundaries and showing what is possible. We are the good guys. The bad guys dont tell you what is wrong so you can fix it. We showed we could work with chrysler to get it fixed and show everyone how he went about doing it and implications of doing it. Stuart was a relatively easy . No. This was three years of work and we spent a whole calendar year so this isnt something somebody does in a weekend. This takes a long time to do. Youve opened up to the world the possibility of someones car could be driven off the road course up dead in its tracks. You have shown people this is possible. You put the fear of god into a lot of people. I dont think we were going to the fear of god. For a long time people thought hacking a car over a Cellular Network was impossible and we wanted to show to break ice at times on their hands could figure it out and you obviously saw the result. Stuart youve got a fix for this. Youve worked with chrysler and there is a fix for the situation. The fix involves the cars got to go back to the dealership. Is that correct . Theres a few options. You can take it back to the dealership. Additionally you can download the internet and put it on a flash drive and in 15 minutes your car will be updated and fixed. Tree into what you paid to do this . Were you paid by chrysler . Guest now, we wanted to show what was possible and we are inquisitive guys. We like investigating the systems and determining if things are possible. Stuart at the moment you can only pack into a Fiat Chrysler vehicle. You can do porsche, Mercedes Ford whatever. We have a limited budget. We can only have one car. We had a certain system for entertainment and communications that is not to say its a chrysler rolled a problem but we only got to look at one car. Stuart ive got a feeling a lot of carmakers will say look of my vehicle because we dont want this happening to us. Have they asked you to work on other companies yet . No, but i work for a consultancy easily be more than happy to talk to them. Stuart youll make some big bucks out of this. The video has been running all day long on fox news and fox Business Units attracted a great deal of attention and inspired a great deal of fear. You do realize that, dont you . Im a word about someone texting and driving are someone with a flat tire. This is hard to do in a full analysis on their cell phone. The threat of a teenager texan is greater than someone like me hacking your car. Stuart ill take your word for it. The guy who hacked into the chrysler vehicle. Thank you for joining us. Thank you for having me. Stuart ukiah take another look at it. Down six bucks an hour, 124. Jj ling kent is here. We are looking at the company. The ifo numbers were strong even now at a senate down to what is really sending it down is the outlook for the next quarter was revised down a little bit and the expectations of wall street analysts. It seems like a confluence of factors plus the apple watch not meeting expectations necessarily. We can relate to how they sold less than expected, less than the 3 million mark by a mile. Stuart they are selling on translating the selloff was overdone. There is uncertainty. Our analysts have downgraded the stock or change position on the price target. People are closer than you have more doubts about apple stock. We do expect more orders or a new iphone baseball are even winter. That could jack up sales again. This is an iphone company in china continues to be pretty strong for apple. 100 or 10 percentage points. Stuart hands down. Instead of 49 million. Remember the 16 million iphone number we saw last quarter and we talked about this yesterday if they dont meet that comic people would love it. Stuart i am angry at the analysts. The exit patients. The the next iteration in the next generation to see how it sells. Its better than how the ipad did in its first go out. It ended up taking off a pretty good of market share. Stuart i hear you. I just dont think you will and six or 7 lowers today. We will watch it. Stuart you will. Ill be taking my map. 2014 playmate of the year kennedy summers turning to day to day trading to pay her rent. What is she buying and selling the mass . We will ask her because she is on the show next. We live in a world of mobile technology, but it is not the device that is mobile it is you. Everyone loves the picture i posted of you. At t reminds you it can wait. I am Nicole Petallides at their fox business brief. 12point. 11 the Dow Jones Industrial average. The dow down 87 points. S p 500 down six. Nasdaq down 39. But always seen tech under pressure talking about apple the lifetime highs including under armour and starbucks may see his 30th record this year. Gold right now is 1092, all over once again hitting 52 week lows. Down 35 this year as gold continues to hover around 5. 5 year low. Selling off the 10th day in a row. The longest moving street racing in 15 years. Start your day brighter on fox business at 5 00 a. M. Sandra smith, lawrence admin i. D. And died. You tap the bumper of a station wagon. No big deal. Until your Insurance Company jacks up your rates. You freak out. What good is having insurance if you get punished for using it . Hey insurance companies, news flash. Nobodys perfect. For drivers with accident forgiveness, Liberty Mutual wont raise your rates due to your first accident. See Car Insurance in a whole new light. Liberty mutual insurance. Can a business have a mind . A subconscious. A knack for predicting the future. Reflexes faster than the speed of thought. Can a business have a spirit . Can a business have a soul . Can a business be. Alive . If you cant stand the heat, get off the test track. Get the mercedesbenz youve been burning for at the summer event, going on now at your authorized mercedesbenz dealer. Hurry, before this opportunity cools off. Share your summer moments in your mercedesbenz with us. Stuart you may have seen a story that target is coming under fire for selling a tshirt that critics call sexiest. Cheryl, we see the tshirt. Just as trophies. Sometimes feminist and can be a bad thing and this might be an example. They say this is demeaning to women. The big online protest against the common name that it is all these things. Are we getting too sensitive here . Stuart have they withdrawn that . Not that i know of. Stuart if you want trophy written across her chest as a young woman you can because you can buy the tshirt you dont have to buy it. I got trophies for playing soccer as a kid. Why does it have to go in this direction . Stuart the price of some rich young man. The i know. I think we are getting way too sensitive. This is one of the issues where we are too sensitive. A shirt that says trophy, thats his choice. It is a choice to buy it or not i had. Outlook and see. As far as i know they are still selling it. But the publicly traded company they will pull it and talk about this tomorrow. But again, it goes too far. Stuart thank you very much, cheryl. You are right and right again. Talk about a career change. From the pages of playboy to day trading, welcome everyone. 2014 playboy playmate of the year and now stock ticker kennedy summers. Good to see you. Thank you. Thanks for having me. One minute you are a playboy model. The next minute youre a day trader on the show because youre a day trader and former playboy model. Tell me how you got into day trading. I got into day trading because i was sponsored to give a speech and they offered to trade me for free and so i jumped in there. I dont know how to manage my money so that they learn. Stuart thats a good story. We like that one. Would you be buying apple today . I wouldnt. I dont trade brandname stocks as theres not a lot of volatility. They dont go up and down enough in the day. Stuart you are day traders and went up and down all over the place and thats how you make your money. Absolutely. Active gainers and losers on nasdaq nyc. Stuart dg trade fit that . I did. The people who went long did really well. I was in and out of couple days last week and made a couple thousand profit and not quite as much as everybody who got in their with the night po and ran with it. Stuart you are paying the Capital Gains tax on the short term gain. You do know that, dont you . Yes. Stuart it might be your problem one day, too. How long have you been doing that day trading . I started in april. Not long at all. Stuart for april, may and june did you make a profit . Im surprisingly about. I learned some cool tricks in his totalview denies that the viewer so i can see what is going on. Its pretty cool. Stuart how many trades do you make every day roughly . Anywhere between five and 12. To have a couple you go after . Its a really volatile stock ill keep it on one. I like to open up two different windows. Stuart bertie trade from . Ive got my iphone. I could trade stocks that i wanted to. You . I went windows parallels and do it like that. Stuart you are blowing us away. We dont know what youre talking about. Thats good. Kennedy, pleasure having you on the show. Come back and tell us how you are doing in six months and we will see if youre still making money. We want to know. Awesome. Thank you for having me. Stuart fox business was the reporting has forced another high ranking resignation. Adam shapiro did it and hes got the story next. Tell your doctor about all your medical conditions and medicines, and ask if your heart is healthy enough for sex. Do not take cialis if you take nitrates for chest pain as it may cause an unsafe drop in Blood Pressure. Do not drink alcohol in excess. Side effects may include headache, upset stomach, delayed backache or muscle ache. To avoid longterm injury, get medical help right away for an erection lasting more than four hours. If you have any sudden decrease or loss in hearing or vision or any symptoms of an allergic reaction stop taking cialis and get medical help right away. Ask your doctor about cialis for daily use and a free 30tablet trial. Stuart fox business has confirmed the resignation of another faa official following our investigation is the organizations questionable hiring practices. Adam shapiro has been on the story from the beginning. Who is the latest to resign . This is david fedor, former head of employee Labor Relations at the faa brought in six months ago to clean things up. In disgust he has quit because the email described in the agency. What he is saying in plain english is top faa officials know they are breaking the law when it comes to contract negotiations with the air Traffic Control union. After 27 years of prosecuting federal agencies in the news for violating the statute in 13 years of advising federal agencies how to comply i was not going to be complicit and intentionally acting in concert with the same law. Stuart the original part on the part of the faa was the allowed the union to doubt the taxpayer. What is being alleged is the faa top management on the way up into the executive office of the faa have violated federal law in the contracts they have with the air Traffic Control unit allowing air Traffic Control union to milk taxpayers for millions of dollars and look the other way. As long as they placate the union and the union doesnt object to the hiring changes which we first reported on which exposed the mess in the first place. Stuart more to come. There will be. No one else nationally is discussing this. Stuart Adam Shapiro Fox business. Well done, young man. There will be more fox business after this. We talk about the bigname Technology Company sending high after high, and 317 moments ago. And google on track for another high. It is down 5 for a company like that but nevertheless it is down, disappointed. Profit report last night, 47 million iphones instead of 40 million. I bet you that neil cavuto has something to say about that because hes here right now. Neil we are following this iranian development. I think this is signed, sealed and delivered but we are getting signed their putting out the press on capitol hill to sell a deal that will pass unanimously in the Security Council is anything but a done deal. The israeli ambassador pushing very hard to make sure it is in big no vote but 67 no votes to override a president ial veto. John kerry later today, secretary of state meeting behind closed doors, to try to push them to go for is this so you have this tugofwar a lot on a deal that looks good for