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Transcripts For FBC Varney Company 20240714

A variety of issues. Remember that when you see the speech. After the speech, President Trump will meet with britains Boris Johnson. Now, that meeting should be about a big trade deal. However, earlier today, Britains High Court ruled that the Prime Ministers suspension of parliament was illegal. That complicates an october 31st brexit, and you cant have a trade deal til the brits are out. Meanwhile, democrats are racheting up their calls for impeachment. This time its about that call to ukraines president and a new report that the administration has delayed aid a week before the call was made. The market doesnt care. Despite it all, stocks will open higher again. Now, we have no idea where the markets going to close but at the open of trading the dow is going to be up maybe 50, 60 points. S p up about eight. And a 25point gain for the nasdaq, going up at the bell. But wait tlrn, theres more. Bernie sanders oneups Elizabeth Warren with a wealth tax proposal. And the europeans give goog

Transcripts For FBC Varney Company 20240714

Expected, the question is how much. And bigtech in the cross hairs, Senate Committee holding antitrust hearing today. Companies expected to face tough questions from both sides, plus, President Trump ripping the New York Times once again, a lot to go at today including more problems for wework and half billion dollar deal to bring seinfeld to netflix, Varney Company begins right now. David day 2 of gm strike, Kristina Partsinevelos from picket line in arlington, texas, what are you hearing about the status of the negotiations . Well, right now its been pretty tense, went into the evening, im at the arlington plant over here, over 4,000 workers are focused primarily on larger vehicles, suvs, chevy tahoe, for example, the issue, a lot of Sticking Points, the one we were told by source that issue mexico, Union Workers that want the production to come back to the United States, more Jobs Available for workers and several talking points i guess you should say the laundry list of items that

Transcripts For FBC Varney Company 20240714

That protest organizers have called off saturdays demonstration. Were on it, guaranteed. Think of the timing here. Protest saturday night, maybe. New tariffs on china set for sunday, maybe. There is a connection between hong kong protests and china trade and our market, which by the way, does not reopen until Tuesday Morning. But look, its dorian that is the center of attention, certainly in florida this weekend. Its likely to make landfall monday and blast the state all the way through tuesday. Already, theres been a run on groceries and gas stations. President trumps canceled his trip to poland to be in america when dorian hits. Theres a nasty note here. A former Prime Minister of canada, kim campbell, tweeted that she hopes the hurricane scores a direct hit on maralago. She doesnt like our president. All right. Stand by. The latest on dorian coming up and well have the latest biden gaffe. Yes, there has been another. Varney company is about to begin. Stuart all right. This is happen

Transcripts For FBC Cavuto Coast To Coast 20240714

Hillary vaughn. Reporter source familiar with Republican Leadership in congress, says it is bestofthree really bad options they had. It is what they wanted to do, put the budget drama on the backburner for the next two years. Here is the deal House Speaker nancy pelosi worked out with the white house. Raise spending caps by 320 billion, including 22 billion for defense and 27 billion for Discretionary Spending. All that comes at a cost. The committee for a responsible federal budget blast its price tag, estimating the two Year Agreement could add 1. 7 trillion to the national debt. White house Economic Advisor this morning admitting the republicans didnt get to rein in spending as much as they would have liked. We never get spending restraint we like to get but i must say in the difficult atmosphere today, one of the key things that Steve Mnuchin, treasury secretary Steve Mnuchin, we got a two year extension on the debt limit. There is no threat to the credit standing. By the way in te

Transcripts For FBC Varney Company 20240714

Individual stocks literally minutes from now. All right. Watch out, google. Peter thiel is coming after you and so is the president. Thiel appeared with Tucker Carlson last night. He wants the fbi and cia to investigate. He implies google is a National Security threat. He thinks china wants to infiltrate googles Artificial Intelligence operation. He offered no evidence of that infiltration. Now, thiel is a very powerful man and the president has been listening. About investigating the company, the president tweeted the administration will take a look. Googles stock this morning, this tuesday morning, premarket, down eight bucks at 1142. Watch out facebook and its libra currency. The treasury secretary has quote, very serious concerns about its use by terrorist financiers and drug dealers. Theres a hearing about it on capitol hill this morning. Facebooks stock this morning premarket is down only a fraction. A mere fraction. Is this a joe biden gaffe . Hes made promises about his Health

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