test test. >> drama at delta, the airline imposed a total ground stop on all its planes, lasted an hour, delaying flights all over the country, yes, it was a glitch has been fixed shows just how dependent we all are on those computers. wednesday, september 26th president trump is moving around new york city, total gridlock, "varney & company" is about to begin. ♪ minutes away from president trump's meeting with ailes prime minister the complete i can't hu at u.n. no doubt discussing iran, please remember our president clashed with iran's president rouhani yesterday jon built aon security advisory had something to say about iran as well roll the tape p. >> iranian regime's conduct poefs unacceptable threat to u.s. national security interests world to mullahs in tehran we are great satan i might imagine they would take me seriously when i assure them today if you cross us if you continue to lie, cheat, and deceive yes there will indeed be hell to pay. >> i would call that hard line you may well hear a lot more about hard line today, by the way, the meeting with a bebe netanyahu 15 minutes away who knows what president trump will say after that meeting usually can't resist answering a question or two in next hour, president trump chairs u.s. security council meeting, that will be about iran, you will see it right here. >> let's get to the kavanaugh nomination, first accuser testifies tomorrow and republicans had a female prosecutor to question her joining us fox news contributor you can't have old white men asking questions is that it. >> an offensive concept unfortunately our whole presumption of innocence has given way to gender byars all kinds of things terrible for this country longer term tomorrow it is important for americans to see dr. ford first time we have seen her, she has been sort of this presence off stage, lobbying in accusations we have seen now judge kavanaugh, answer those charges in a credible way i think but this is important for people to see the accuser the response, and move on with a vote minds are made up to that extent yes, it is optics. >> have we reached the point where an older white male republican cannot ask a question "do his duty because it is his duty to ask these questions. >> of course,. >> you can't do it because you are white and male -- >> comments like gillibrand saying because a woman basically believable, or saying basically the same thing people are not believed or believable because they are women they are believable because they are credible they have a serious thing to say. this, i mean i think the conversations has gone so far it is so damaging to the #metoo movement people are beginning to view it unfair you cannot have people basically expecting a legitimijudgment based on unsubstantialed up corroborated accusation all we have had so far about judge kavanaugh. >> the relationship between memo in wo-- between men and women in the workplace speculated from workplace damaging this remember the old days we were concerned that women didn't have access to the so-called boys' club the after work drinks party and lun chez put together where serious business gets done, bonds formed, et cetera, i have heard from so many young women now, their bosses will not take them out to lunch, if they are men they won't oversight them to after dinner drinks thing this is really you can say well that is good because they are protected it is not good they are not being treated as equals if they are shunned because of gender we have advisories coming down from management, of banks other kinds of institutions saying you can't say to somebody you look terrific unbelievable you quality fraternize poisoned the workplace summer resentment building amongst men, by the way, still in charge of a l promising meto movement is as to say this is too far. >> sorry. >> there is a fall auto from this p. >> indeed. >> more later let's get to markets, look at nike, the stock is down premarket what about 3% quite a drop despite what is widely considered to be that successful ad campaign starring colin kaepernick. >> jack with us what is wrong. >> on thing with nike a local obsession. >> yeah, yeah, just -- global reach, sales strong earnings strong in this quarter so i am not seeing anything that results, this is premarket so we will have to wait and see what happens i am not seeing anything worrisome results, actually a good deal stronger than i expected maybe a year ago doing integrate well. >> are you picking on me about kaepernick ads? >> local, local. >> i got a lot of -- i got a lot of e-mail on this nike thing people angry, i am going to assume these are people who were republicans maybe trump voters saying i am throwing out nikes, never buying again could be a backlash if could hurt revenue i am not sure the average consumer is that dialed into the politics of the moment that they are going to do that second of all if i created a diagram of trump voters here is trump voters nike customers mobile app that much overlap nike customers young urban global a different set of people. >> we want them watching us though. >> we certainly do. stay there we will bring you back at 9:30 when market opens. >> i got -- maybe was awkward moment joining president trump's address to u.n. yesterday roll tape. >> my mission has accomplished more than almost any administration in the history of our country. america's we so true. [laughter] didn't expect that reaction but that's okay [laughter] >> i thought the president handled it well. >> i read media they are all joining in the -- a one of which of thugs at u.n. laughing at our president media approved. >> wants world to think world is laughing at donald trump every policy so outlandish the truth is when they scanned around that hall standing room only clogged with people people sitting on steps hallways doorways trump is entertaining to people expecting dry predictable legalese, i mean like the old joke about miss america content i want world peace. >> [laughter] >> but the truth is this is the moment where the people were waiting for they are hoping for something "trumpian" what is more "trumpian" than boasting about accomplishments we all know if out there slow with it, we all know that he exaggerates likes to boost about things there is a signing world leader that didn't wish he could trade places with donald trump? no our economy is strongest in the world we are confronting the world on a number of different fronts buttressed by that you do same thing going to be in this position to i thought magical moment i loved the speech. >> should be fired up like this -- >> i know. >> thank you very much. >> thank you. >> where are we now? what we got futures check them out please, marginally higher, margin operative word up 7 points on dow industrials remember -- 26,000 level we are going up a fraction. >> kavanaugh accuser testifying set to ktestify tomorrow could four republican senators derail the entire nominations good question we ask that to republican national committee chair later this hour. any minute now president trump needs bibi netanyahu at israel you will see it watch it live right here "varney & company" continues. 's the college visit? you remembered. it's good. does it make the short list? you remembered that too. yeah, i'm afraid so. knowing what's important to you... ... president trump: people are suffering tremendously and no reason for this. i would certainly because i'm willing to meet with anyone. anytime i can say if it's help people and if i can save one life, i certainly will. [inaudible conversations] >> they don't want - they said also they don't want to [inaudible] what is your response to that? president trump: i just want to see venezuela strained out and the people to be safe. we will take care of venezuela. what is happening in venezuela is a disgrace. if he is here and he wants to meet, it was not on my mind or my plate but if i can help people that is what i'm here f for. [inaudible conversations] >> will you protect your allies? president trump: our allies are. [inaudible conversations] president trump: we are with our allies one 100%. we met yesterday with columbia and had a great meeting with columbia. we met with numerous other allies and we are absolutely [inaudible]. president trump: we don't have anything set but in the court to meeting again. [inaudible conversations] president trump: a lot of good things will happen. [inaudible conversations] president trump: we are denuclearize in north korea. we have a wonderful relationship between our country and them. it's been helped a lot with japan and very much by president moon of south korea. north korea is going along very well. if a tremendous amount of progress since this time last year. [inaudible conversations] president trump: all options are on the table. every option. you know what i mean by strong, every option is on the table with respect to venezuela. the people of venezuela - we have many venezuelans living in the united states. many of them live in the area of miami. i've gotten to know them very well. these are great, great people. we will take care of these people. [inaudible conversations] >> north korea might be okay to check their nukes. can you tell us more about that? president trump: they want good things to happen for north korea. good things are happening with respect to north korea and it will be great for kim and the people of north korea. that's what we are all about. [inaudible conversations] president trump: very good relationship with, as you know, the prime minister. he was with me yesterday in my trump tower and we had a couple our discussion. he loves this country and has a tremendous victory in the election which i'm happy about. i don't know if you're supposed to endorse someone but i endorse them and will endorse him again. he's a great gentleman and a great man. he's a person is a great leader for japan. we have other things to discuss. we'll discuss trade. [inaudible conversations] president trump: of a meeting with chairman kim in the near future. it will be announced. we are having a press coverage today and we'll talk about that. it will be announcing where and when. [inaudible conversations] president trump: we will announce it in about an hour. you should be there. she has a press conference in one hour. you should be there. it will be announced in about an hour. she will be making the announcement which is much more exciting than when i make an announcement. [laughter] [inaudible conversations] president trump: we both love africa. africa is so beautiful. one of the most beautiful parts of the world. she is having a news conference in a short period of time. so be announcing exactly where she will be going. [inaudible conversations] president trump: you will see in a minute. >> what is your thoughts on the woman questioning cavanaugh's accuser tomorrow? president trump: i think the senate republicans could not be nicer in the way they are handling this. they could have pushed it through four and a half weeks ago and he would not be talking about it right now. it is friendly, what i would've preferred. but they did not do that. republicans cannot be nicer or more respectful in the process. certainly, cannot be respectful to the woman. i'm okay with that. i think i might have pushed it forward a lot faster. [inaudible conversations] president trump: i know this particular man. judge kavanaugh. he is outstanding. you don't find people like this. he is outstanding. he's a gem. he's an absolute gem. he's been treated very unfairly by the democrats who are playing a time game. it's a conflict they know what they're doing. they go to the back room and talk with each other and laugh at what they are getting away with. it is a con game. that is what they play. that's the only thing they do well. [inaudible conversations] stuart: let's recap that. [laughter] the president can't resist a question from any and all reporters. moments ago, if you are watching, he covered venezuela, north korea and covered cavanaugh. i need help to cover this. gina brooks is national security fellow at the heritage foundation. first of all, the news seems to be that president trump is going to meet again and he says in the very near future with kim jung-un of north korea. that was the news from the impromptu press conference. >> yeah, i thank you should take the president at his word. we just don't know where and when. that is what staff is working out. it'll be another neutral site next ordinary if kim were to travel to the united states. he is there is talk he may travel to seoul for another meeting between north and south in the coming months or weeks. we will have to see where and when it will be and what the agenda will be. stuart: the thing is it has moved forward and is not a static situation with north korea. the president does move this work. then he talked about venezuela right from the start from the little impromptu press conference and talked about the suffering that venezuelan people and he said i will meet anyone, anytime to save one life. does that mean to you that maybe he will meet the venezuelan delegation at the un? >> it's a possibility. his staff will want to make sure there's something they can a compass. this is self-inflicted. this economic situation in venezuela is self-inflicted. they do not have to be like this especially an oil-rich country. it's a country that has a long tradition prior to recent regimes of democracy. the president - this is in the western with fear and a neighbor of ours and he met yesterday with the president of columbia concerned about what effect it has on the region and on our partners in columbia so the president will do what he needs to do if there is an opportunity the staff can range from two advanced the interests of united states and those of the benefit of people he will take a meeti meeting. stuart: peter, thank you so much. a very opportune moment. >> the president said on the sidelines of the un that the military could easily topple the maduro regime if the military decided to do the job white house and post fresh new sanctions on venezuela, including on maduro's wife. stuart: and you just said all options vis-à-vis - >> is willing to meet with maduro himself and added that every option is on the table. stuart: wow. >> a lot there. stuart: we love that in the news business. look at features. still up a few points for the dow industrial. open the market in nine minutes time. big increase in penalties in the nfl this year. all have to do with you roughing the passer rule. this is stuart varney talking football. the trying to make the game safer for quarterbacks but it might be backfiring. a guest coming up on that one. nfl quarterback, joe wiseman. that's in our next hour. stand by for more news. ♪ a hotel can make or break a trip. and at expedia, we don't think you should be rushed into booking one. that's why we created expedia's add-on advantage. now after booking your flight, you unlock discounts on select hotels right until the day you leave. ♪ add-on advantage. discounted hotel rates when you add on to your trip. only when you book with expedia. i'm 85 years old in a job where. i have to wear a giant hot dog suit. what? where's that coming from? i don't know. i started my 401k early, i diversified... i'm not a big spender. sounds like you're doing a lot. but i still feel like i'm not gonna have enough for retirement. like there's something else i should be doing. with the right conversation, you might find you're doing okay. so, no hot dog suit? not unless you want to. no. schedule a complimentary goal planning session today with td ameritrade®. stuart: president trump made the news this morning. in an impromptu press conference said will meet in the new picture again with kim jung-un of north korea. they will announce when and where very shortly. what occurred to me, ashley, what a contrast between president trump at the united nations and president obama. >> an absolute 180. you get that with president trump. he'll tell you right off the bat what he thinks on any subject you want to shout at him. >> and what he wants to get done. we know under obama failed to layout what he wanted to get done. the president trump is going in saying this is what i want to get on. stuart: just wait. shortly our president will meet benjamin netanyahu of israel and you'll see the end of the meeting for the president may take more questions. then in a clock hour he chairs the security council meeting. the second president to do that. again, iran will be the focus. will be back with the market after this. copd makes it hard to breathe. so to breathe better, i go with anoro. ♪ go your own way copd tries to say, "go this way." i say, "i'll go my own way, with anoro." ♪ go your own way once-daily anoro contains two medicines called bronchodilators that work together to significantly improve lung function all day and all night. anoro is not for asthma. it contains a type of medicine that increases risk of death in people with asthma. the risk is unknown in copd. anoro won't replace rescue inhalers for sudden symptoms and should not be used more than once a day. tell your doctor if you have a heart condition, high blood pressure, glaucoma, prostate, bladder, or urinary problems. these may worsen with anoro. call your doctor if you have worsened breathing, chest pain, mouth or tongue swelling, problems urinating, vision changes, or eye pain while taking anoro. ask your doctor about anoro. ♪ go your own way get your first prescription free at anoro.com. when you're looking for answers, it's good to have help. because the right information, at the right time, may make all the difference. at humana, we know that's especially true when you're looking for a medicare supplement insurance plan. that's why we're offering this fact filled guide; seven things every medicare supplement should have. and it's yours, free. just for calling the number on your screen. you see, medicare covers only about 80% of your part b medical expenses. the rest is up to you. that's why so many people purchase medicare supplement insurance plans, like those offered by humana. they're designed to help you save money, and pay some of the costs medicare doesn't. depending on the medicare supplement plan you select, you could have no deductibles or copayments for doctor visits, hospital stays, emergency care and more. you can keep the doctors you have now, ones you know and trust. with no referrals needed. plus, you can get medical care anywhere in the country. even when you're traveling. with humana, you get a competitive monthly premium and personalized service from a healthcare partner working to make healthcare simpler and easier for you. you can choose from a wide range of standardized plans. each one is designed to work seamlessly with medicare, and help save you money. so, how do you find the plan that's right for you? 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up .06%. fractional gain. nasdaq composite where is that fractional gain .09%. dead start this morning may be waiting for fed i'm not sure about that. the yield on tenure treasurely 3.1%. how about nike remember a dow stock that kaepernick ad supposed to be a hit i guess it is. the not helping the share price this morning. it is down nearly 3% qeel have more on that in a second who is here. shaw, jack elizabeth macdonald and ashley webster shaw do we have momentum many this marketplace right now? do we have momentum going up? keep going up. what do you say? >> we have a ton of momentum on upside. i mean, thinking you see this week slightly is a little bit of a hiccup in term of a pullback not a pullback but great moves that we have had so continue to make new highs on bench mark and reason is that earnings are fantastic and kiewrls in great condition and can economy is growing and profits are there so that's being reflected in stock prices. market has plenty more room ahead of it. >> okay is is jack it is another of those despite it all days isn't it? despite the toxic politics, the market is going up. >> yeah what's going right for the average consumer out there. the value of your house is up. if you own one, your stocks are up if you have stock and you probably have a job because unemployment, employment is excellent right now. so the things that matter the most for this market are in place. i think the fed is big story today with regard to market but i thinked the fed is more hawkish and you say that will spook the market raises rates but so bullish on economy. we're trying to get back to normal and forget after years after cheap money around. but i think it will be a vote of confidence. >> preview by the way 2.5% will be the handle. baked in at the moment. right, j.c. penney saying that administration tariffs on chinese goods will raise are prices and hurt middle class. now we've heard the same tune from wal-mart and from proctor and gap only now j.c. penney but no price hike because of tariffs -- >> it's early in the game for tariffs. tariffs are a tax on consumers. it is an attack and it is especially attacks to middle class lower income people because they spend high per percentage of income on stuff they need to higher prices at stores now these same consumers like i said other thing going for them in a economy and they have jobs may not be end of the world but it is a tact. >> okay. going on in washington today -- not getting much publicity but executives from google, amazon twitter all on capitol hill today and i understand, i don't get this jack are they asking -- asking please regulate are me? is that what they're saying? >> i would file this under calling their bluff right so they've been -- they've been grilled by, you know, let's say older let's say seasoned lawmakers and subject of how to regulate this. and now what they're saying is all right this is something you want to do, show us a law. show pus a national privacy law what would that look like? and there you know handing over these people. >> but this is industry based on user trust and they've lost that trust. all right they look at regulation as way to regain some trust. >> that's good. that's right and stock is not hurt. >> yes, i have sessionings attorney general is meeting with state attorney general now to talk about how to consider whether or not these guys are monopoly what to do about regulating. show me the law. that's what they're looking for. a gain of 27 points to early going this wednesday morning. the used car retailer carmax making god money. stock reflects that up 3% this morning. $2 higher don't forget oil arranged 7160 per birl as we speak. now you know those credit cards that give you some kind of reward you have a perk for usings them. free airline miles for example. some retailers not happy about this. they say they're getting slammed by high fees on those credit cards. they want the right to reject them. i don't blame them do you, jack? >> yeah. what do you do? [laughter] i don't. if the typical fee that transaction e fee the merchant is one and a half percent i have a card what give you two percent no matter what you buy or or wear so they have higher than that and merchant for 3% and there's this standoff now between the merchant and car companies they both need each other, just like i was saying a motel ago ultimately, this will be passed on to consumers as higher you're not getting 2% as reward come on not money make scheme to hit you in higher prices down the the road. >> retailer saying no you can't use that credit card we're not going to pay for your perks what will i do then? [laughter] >> i want to get back to shah gilani because i have jeffreys that is investment firm. they're saying that -- thatamazon is going toe valuation of 1 .5 trillion dollars within a couple of years. literally two years -- shah mailed mean it goes to 3,000 a share within two years. you naff been urging tech rally are you saying yes they'll get there? >> i think so, and i think so easily. i think this is actually a great -- and analyst report and i'm not keen on a lot of them but it happens to be right spot on the the money i'll give you a quote from brent hill he says that option now for new initiatives is not reflective in stock price that's a grand statement and hits it right on the head. in materials of what amazon can do i think barely scratch the surface as much as they already do. so you look at something like company like amazon and like apple you look at tech leaders they haven't scratched a surface and showed issues before them so absolutely i think this stock will get there. >> so you think it is going to easily get -- because -- because it can get into so many other area. >> jeffrey analysis estimate there is even before all of the things that amazon is getting into like groceries and health care and devices. >> president trump is now meeting publicly with bb netanyahu. let's listen in. [inaudible conversations] thank you it is great to be with benjamin netanyahu prime minister of israel and his representatives, obviously, we have more to discuss, the prime minister was just thanking me again for what we did in jerusalem with respect to the embassy that's been something that i guess was controversial. but it turn out to be very positive in many way, and a lot of progress has been made and many other area ares we're talking trade. we're talking military. we're talking defense. and we are very much in favor of what israel is doing as far as their defense is concerned. they're aggressive and they have no choice but to be aggressive it is a difficult part of the world so i want to let benjamin let all of the people know let bb know that -- we are with you. we are with israel 100%. thank you bb, thank you. [inaudible conversations] excuse me. >> mr. president, donald, thank you, and this is a mini fold thank you thank you for your strong words yesterday on the general assembly against the corrupt terrorist and been off strong words and actions i think that the fact that you brought american sanctions -- has cut the machine of iran in its campaign of carnage in middle east and we who live in the middle east who are subject to ann i iranian second of all thank you or for extraordinary support that you have shown for israel and this building in the u.n. no one has backed israel like you do and we appreciate it. third, this is fist time that we meet after american embassy has been moved to jerusalem. you've changed history and you've touched our hearts and fourth and last -- i want to say how much i appreciate your robust defense of israel's right of self-defense which just expressed i think even should understand that israel will continue to do what is necessary to defend ourselves against iranian aggression in syria, lebanon, anywhere else, and i want to say also that we have with no doubt that as we do so, we'll enjoy the support of president donald trump and the united states of america. i think and i say this objectively that the israeli alliance has never been stronger, stronger than ever before under jr. leadership and i look forward to working with you and your team to advance our common interest, security, prosperity, and peace with israel's neighbors, and for the region. and we can do it. with you -- okay we appear to have lotion the program, the very breerly there would love to get back to it. but remember please -- israel is pryer at the united nations a total outcast but you have netanyahu sitting down right next to our president, donald trump. with the israeli flag and american flag right there, and it is at the united nations. our president said we are with you 100 and he said donald thank you for your support against the corrupt terrorist regime in iran our alliance between our two countries has never been stronger. that just happened. as you could tell, our president just cannot resist answering a question shouted at him by the media. unfortunately, we lost the feed at that point that means we lost the signal couldn't get to. we're back to it -- that was moments ago that was the tape, now lose that as well -- [laughter] nonetheless. this is an element of excite here. trump is in town speaking to immediate answering rapid fire questions you get that excitement in the air. >> what he said yesterday and how he's going to pursue peace between israel and palestine he said naming -- jerusalem as capitol was important move towards peace. and he's saying i will not the u.s. will not adhere to the old dogma on how to approach middle east policies and politics. he's basically, you know, rocking the boat here and saying this is how you do it. >> look what we have from the establishment media this morning. they go back to the fact that the thugs and at the united nations with were laughing at our president. >> i have to say media loved that. >> i got stuck in the city last night because of the flooding couldn't get home. in a hotel room turn on tv there's cnn and immediately it was like a bad car wreck but all they talked about how world was laugh at americans of laking at donald trump. the emperor has no close at cnn said donald trump used to laugh saying that the world is laugh hadding at hillary clinton and barack obama and all of the rest are of it but now they're laughing at you mr. president. >> that is outrageous and that is -- sight of they are. >> but ignores on fact on the growngtd facts are these. israel is a thriving democracy. surrounded by religious dictators to the point where people are taking to streets risking their lives risking cushion to fight against leaders of iran. what was not on air and we showed it on 5:00 evening edit was this iranian americans protesting against rouhani against iran are outside the the u.n. outside where rouhani was staying in new york city. that is unfathomable in years past. they've risked their lives doing this, and the president speech yesterday is saying, we, you have a chance at liberty. you have a chance at democracy. you have a chance of to stopping corruption they'll support you in that endeavor. between president trump and media involving b.b. netanyahu that continues as we speak. okay it is back up we can listen in please. go. sorry i do apologize ladies and gentlemenst that the downside of live television that's live. television, okay, one point of news that our president did make this morning in answering a question from the media was this -- there will be a meeting in very near future again and where and when that takes place announcement will be made very, very soon. check out the market all of the excitement is beginning on we've got a gain for the dow industrials. we're up about 30 points and do remember are this afternoon a federal reserve is highly likely to raise interest rates. despite that, markets up this morning. now earlier today president trump praised judge kavanaugh say he's not being treated fairly. watch this. he's outstanding he's a gem absolute gem treated unfairly but democrats playing con game they know it is a con. we will hear from judge kavanaugh accuser tomorrow, his confirmation could come down to these four republican rt ?as. collins and corker joining us now is is r and c chair ronny mcage with us this morning. that is the case suspect it? those four it could be those four republicans -- >> absolutely and kavanaugh. i think democrats have made it very clear through this process they're not going to vote for judge kavanaugh they've played this political game. they have no intention and red state democrats have been given their out. so it is going to come down to four senators. >> but you're the chair of the republican national committee. do you know which way those four senators are going to vote? >> i don't. i think they're going to listen to -- the thursday hearings. i think they're going to be thoughtful and deliberate i think they recognize good character of judge kavanaugh and impressed with his 30 hours of testimony before congress. his lifelong history, so i think that in the end that you are going to end up confirming him. >> it must be difficult, though, sharing a party where you cannot rely on four of your senators to get through a conservative to the supreme court. you must be very frustrated very difficult job. smg it is tough and i'll tell you what stuart our base is frustrated they want to see judge kavanaugh confirmed and that's what i'm worried about going into midterms he's not confirmed because i'm hearing it as i travel the country inundated everybody wants to see judge kavanaugh confirmed they think it has been a democrat side show. and other thing is, we've got elect more senators and we have an opportunity in november to expand our majority. >> let's go back to hearings now republicans have hired a female prosecutor to ask the questions. that's all optics isn't it because you can't have older white men asking questions of a sexual with nature it a woman. >> well they've made choice to prosecutor and i just agree that men doapght care about women issues. i'm going to push become on that. these men on judiciary committee are father, they have lives, they have mother, sisters i'll tell you what my husband is a lion when it comes to my 15-year-old daughter so let's stop denigrating men as they don't care about women they absolutely do. >> you hire a female prosecutor to ask questions instead of white male republicans, you are denigrating republicans you are denigrating men. you are saying you may not do your duty. your duty is to ask questions but you may not ask the question. >> more or about her expertise she dealses with sex crimes and dealt with victims of that and able to understand holes in the testimony and be able to conclude what's missing here and give a good analysis. that's more why she's there. it is buzz of her expertise buzz our senators care about women republicans care about women. we with treat women like the whole voter not like single issue voters that democrats teach treat them like off to the side that we only care about one issue. we know women care about military. our veterans health care, the economy -- that's what the republicans say to women. >> later this morning, in the 10:00 hour i think it has, president trump chairs the security counsel meeting. we're expecting them to go right at iran. no question he's going right at him. superhardline. >> good for him he has to do it. listen, president trump has restored united states as a global lead earl. he pulled out of the ridiculous iran deal. he recognizes that iran is a sponsor of terrorism and he's going to come at them because we cannot allow them to have the global influence that they have, united states is going to stand as a check of that. >> if republican peat rock solid behind the president when he comes to iran. >> it is rock solid you know what chuck schumer was too when he said iran deal was bad but switched now playing to partisan base. >> he switched he did -- >> i didn't know that. thank you. >> thank you. [laughter] >> all right we'll see you again soon. sure thing -- good to see you. check the dow 30, the dow 30 show about two-thirds of the 30 stocks in the dow on upside this morning and dow industrials are up 46 points as we speak. and this is the image that had us all talking yesterday bill cosby let out of a courthouse in handcuffs on his way to prison for drugs assaulting a woman. the judge sentenced him to three to ten years so how long will he actually spend? jail judge napolitano on that one, coming up next. we're up 50 point for dow industrials notwithstanding likely rate increase from the federal reserve this morning where is tenure treasury yield gone down 3.08% is where we are right now. all right, a judge in pennsylvania has jailed bill cosby for three to ten years for sexual assault all rise judge napolitano is with us. three to ten -- does that mean he definitely depends the next three years in jail? >> more or less and it could be just a little bit under three. but yeah this is odd sentencing -- system, and in pennsylvania it is same one they have in new york but almost all other states in the federal system, you sentence to a time certain. eight years which means 85% of eight year, ten years by saying three to ten -- the judge is effectively transferred his authority to the prison officials. and they will decide when between three and ten it gets up. can't keep them more than ten and can't really are hear a parole application until he served very, very close to three. then it will be parole board guidelines you know is he -- a model prisoner? is he helpful or harmful to the prisoned administration? is he remorseful type of things that are his victims still suffering. because these are public and thing that parole boards look at. >> for three years up for parole whether deny or accept a parole that depends how much longer he'll spend and what about a assistant? jail because he's classified as legally blind? >> this is off the wall ab person gets a personal assistant in jail. his physicians have said he's legally blinked that doesn't mean you're blind it means your eyes are not good muff to read or to drive a motor vehicle. the prison physicians will determine whether or not he needs assistance. the assistant would be another inmate. who would earn correct for being his assistance so that inmate would have his own sentence reduced by the number of days that he ep helps cosby move around prison or whatever will help him do. almost ridiculous never heard this have personal assistant in a jail. [laughter] that -- chief justice in new jersey made us visit trenton state prison before we sent people there. these are horrible. horrific places worse than what you see in hollywood. he is fortunate that he's going to brand new jail which is built to almost federal specks everything is nice and neat and clean. and relatively safe, but the typical state prison facility is horrific. >> but now i have got 30 seconds he faces civil charges which may take a lot of his fortune away that's the case. >>s that correct and probably go on -- and to the point where his estate is the defendant. he's a very wealthy man, but he has according to the plaintiffs injured many, many women who now have the right to seek redress now that criminal case as of yesterday is completed. he's got serious issues on appeal. but that will be a few years before that's resolved. >> judge that's for addressing that. see you. >> president trump opened his speech to the u.n. yesterday saying, he's accomplished more than almost any administration in the history of this country. some world leaders laughed -- i think mr. trump handled it well but media well they didn't have it well. wait until you see what they're saying this morning. we'll be back. at&t provides edge-to-edge intelligence, covering virtually every part of your retail business. so that if your customer needs shoes, & he's got wide feet. & with edge-to-edge intelligence you've got near real time inventory updates. & he'll find the same shoes in your store that he found online he'll be one happy, very forgetful wide footed customer. at&t provides edge to edge intelligence. it can do so much for your business, the list goes on and on. that's the power of &. & if your customer also forgets socks! & you could send him a coupon for that item. the longest bull run in history. so now's the perfect time to ask yourself do you have wealth insurance? you know, i made a good living playing games on television but my financial future, well, that's something i don't like to leave to chance. i decided years ago that i would protect my financial future by putting a portion of my money in precious metals, and well, i'm glad i did. the last couple of times the market has taken a significant downturn, millions were caught unprepared. (balls clacking) fortunately for me and my family, i had a portion of my portfolio protected by gold. i've always believed that physical gold, silver and platinum, securely stored in my own safe, is the best wealth insurance i could have. i know it's gonna be there, safely tucked away and protected, no matter what happens to the stock market, big banks, or even the real estate market. now many economists agree that we're in for some significant changes, which is one of the reasons many experts are predicting another solid run for the gold market. so if you're interested in wealth insurance for your portfolio and you don't know where to start, ask yourself these three simple but important questions. who should i do business with? well, there's only one precious metal company that has a former director of the united states mint as its president. call to get your free copy of my new us gold report inside you'll find 25 reasons i've covered on gold ownership. number two. when is the right time to get started protecting my hard-earned money? well as we've seen, market volatility can happen with little to no notice, so now is the time to get the education and information you need to be prepared. and three, how do i get started on my wealth insurance program? call america's gold authority and ask for a free copy of the complete guide to protecting your hard-earned assets. so don't play games with your money. make your call today. happening this hour, president trump chairs a u.n. security counsel briefing, it is on counterproliferation, the president is going to speak on threat of nuclear chemical and biological weapons. we'll bring you that, they'll bring it to you when he speak. but now this. 24 hours ago president trump opened speech to u.n. with a bold statement this administration has accomplished more than almost any administration in the history of our country. some of the assembled world leaders laughed although mr. trump handled it well media our media did not. yet again, they showed their contempt for this president actually taking the side of the thugs, the strong men in dictators who laughed that our president and detest him and now encouraging regs of us to join in the u.n.'s laughter. who side are they on? "the washington post" has op-ed this morning. trump is the laughing stock of the world oh, really? the editorial board of "new york timeses" president trump addresses the united nations. in brackets laughter, how cute. okay mr. truch exaggerates we know it bluster is his style but no excuse for america elite to line up with poison gas syrian, bullying china, freeloaders in europe and socialist dictators of venezuela that's what they're doing encouraging america to be contempt of trump they long for days of obama of course with rapture when he spoke at the u.n. they loved him because he did not put america first. he accommodated the poison gas syrians terrorist iranian china bullies latest open boarders disaster in europe and the disastrous socialist in venezuela but amid laughter let's view what he achieved iran economy is collapsing. so too is venezuela syria where is on a very tight leash. china has been confronted and north korea hasn't fired off a missile or tested a nuke since trump are told him to knock it off. right about now -- our president chairs a u.n. security counsel meeting on weapons of mass disruption you know, nukes and chemical weapons. obama gave the syrians and iranians and north koreans a pass, trump will not -- who is laughing now? the second hour of "varney & company" is about to begin. >> also happening this hour, now that i've calmed down house republican leadership holding their weekly news conference. they may be giving details on tax cuts 2.the 0 could be voting on it later this week. if there's any news any headlines, you'll get them first right here. all right news coming second this hour we got latest read are on new home sales. >> and adjusted annual rate 629,000 just a little shy of what was hoped for what was interesting is average or medium sales price is $3200 down a bit from july so the prices are coming down most of the regions seen slight dropoff in sales but up 47% so sales run higher in northeast not so much anywhere else in the the new home sales. >> 47% up in the middle east. now new home sales is 10% of the overall housing market so -- existing holes is a much bigger market but nevertheless -- interesting the -- prices are coming down, though, average medium price is coming down. >> we'll take it ibm is top gainer of all of the dow 30 stocks it has an upgrade from ubs and stock is up nearly 2%. ibm reached 151. do we have nike on screen i think we do. nike is down this morning. 2.8% -- despite the apparent success of the kaepernick advertisement. big tech names facebook is up -- amazon is down, apple is up. alphabet is down. microsoft but 1146 . i own some of that and it is up. by the way, the the investment firm jeffreys says amazon is on track to reach a market value of 1.5 trillion in two years. that means -- they think that stock is going to 3,000 dollars within the next two years. how about that -- all right, my rant is done but i'm going to get back to about showing content for our president because of his u.n. speech. here's the moment that inspired their content roll tape begun. >> my administration has accomplished more than almost any administration in the history of our country. america so true -- didn't expect that reaction but that's okay. >> i thought he handled it well charles washington times opinion editor but what's your reaction of the people in the audience who were laughing? >> i tell you what it proves to me is it proves that even -- even those clep and thugs and bureaucrats arranged the world have a better sense of humor than american press. you know you know it was a funny line. it was -- delivered in a fun gnu way. it was vintage trump, of course, they started laughing and he rolled it w it and handled it absolutely brilliantly but i love your rant take on all of it. i could not agree more. you know, the press -- they absolutely would side with the worst -- most murderous leader in the world as long as it would be an opportunity to attack the president what's how blinded they are. astonishing i'm going to mo on charles because you've written a piece about rod rosenstein who meet with the president tomorrow. the headline on your piece is -- rod rosenstein, quit -- make your case, charles. >> i mean, if this -- man honestly believes that 25th amendment should be invoked against this president, if this guy actually used his position to try to, to drum up support for that position, if this guy actually thinks that the president is such a danger to -- to the country that he should wear wire and try to entrap him in something, then my goodnd he should get out and quit the notion that he, this is a guy not been elected dogcatcher or to anything no matter what you say donald trump has been elected president. he can't argue with that. but to use with has position of authority, position of power to do everything he can to undermine the president is the most undemocratic thing i can imagine. now a separate question is is whether donald trump should fire him. and i -- i think that, you know, that's a political question. and i think it is a very dangerous -- it's a dangerous question it could cause all sorts of problems for president. especially heading into -- into elections. and you know, so -- if he wanted to take sort of the more unanimous approach and not fire him and wait until after the mid-materials to do something i would respect that political decision. but the -- but this business of the swamp of the department of justice using all of their power to undermine president and thwart the agenda is terrifying. deep state exists. and it is undermining our president and every turn. that's my take away from all of this. charles, look i'm sorry thanks for joining us. very, very busy day so i've got to cut it short but i hate cutting you short of all people but come back soon. sure thing. look at the share price of a company called -- india globalization capitol. it is soaring it is a cannabis pharmaceutical company getting into pot infused drinks. bring in john carter simpler trading ceo. john, welcome to the show. >> stuart thanks for having me here. >> you watch cannabis stocks you're an observer of the pot scene, so to speak, outside -- >> typically from the outside one of the things a great rant by the way and one thing i think is if american media drank more infused berchg they might chill out a little bit. >> i should do that. yeah. yeah it would be a good thing and then you know, everybody can relax and relax about "the new york times" pieces things like that. >> so what's with this global what's it called global i can't see -- see again, what's the name of that stock again put it up on screen. global growth. what's that all about? >> what is interesting in canada they've recently been allowed or given proposal to export cannabis to the u.s. starting october 17th. so some of these -- companies they have had huge investments by large companies that gives them a vote of confidence not some guy in a gradual who had had stock so a way to participate in what is in truth speculative portion of the market in companies that what i would call real companies. >> okay. >> i'm told there's enormous numbers of people betting against the cannabis stocks. they short them that's the way they look at it you're expecting them to go down and is that accurate? >> what is interesting with a large hedge funds normally idea that you hear hedge pungdz these guy must know what they're doing so what happens is when they short stock -- so they have a lot of shares betting that stock will go down right. if they're wrong it turns into a squeeze that's why we're seeing actually some of these stocks rally so much. because not only do you have new buyers saying i want to get a piece of this market and buy it as investment but you have hedge pungdz who are short going oh, my gosh we're wrong and try aring to get out fast. faster than bill cosby beginning to prison. is this such a thing as etf or cannabis mutual fund which brings together all of the pot stock or a lot of pot stocks so you don't put all of your money into one basket. but you spread it around a bit. >> so there's new ones coming online. the thing that right now that has been a new enough industry where it has been more focused on individual stocks. and so part of it is a little bit of a buy or beware to make sure there's due diligence in understanding does this company have revenue, and all of that different stuff. there are some larger companies -- gwph is a large company that not only do they do different medicinal items but they a also have cbd infused method as well so that's a way where it is like this is a proven company been around for a while instead of getting into the more speculative stuff. >> do you think that say five years from now -- marijuana will be a profitable nationwide multibillion dollar industry? >> so absolutely. so it is interesting is i have a friend of mine that he's in business and he used to own a trophy company, and every time i saw him, he was tired, he was hairy, he hated his work, so then he got out of that business and opened up a chain of three cannabis type stores in seattle. not only is is he making money hand over fist but buy is is happier than i've ever seen in his life not sure if it's because he's sampling all day but in addition to that it is the city is happy. because there's a 30% tax coming in. so everybody wins. so i -- i think it is one of the things seeing states roll this out, with and i'm in texas where now you're starting to see the, you know, some kind of chinks in after or more allowed it in there but once state government understand how much money to make with a, you know, once understand it is a safer alternative to alcohol and it also helping with pain medication in addition to people who want to relax a little bit. it's -- is it a growth vehicle. >>you're propot i can tell. >> okay. be careful. john -- thanks for joining us we appreciate that. empleg thanks for having me here. big hour for you president trump said it'd he would be opening to meeting -- that every cops is on the table when it come to venezuela. i want to know what the president's end game is. for venezuela we're on that story. president trump also calling out china for their, quote, abuses on trade. to head of the u.s. trade of commerce says it is not quite a trade war yet. he'll make a case and such a big story. i even know about it before pitched this morning nfl effort to protect quarterbacks lead to on slot of penalties i wonder what super bowl winning quarterback thinks about that. remember, one tackle ended his career. you're waving second hour of "varney & company." ♪ nah. not gonna happen. that's it. i'm calling kohler about their walk-in bath. my name is ken. how may i help you? 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>> well, i think the end game is regime change for sure. oh, yeah. for sure. but not necessarily i think that the important distinction is that he wants venezuela to do it so what he's trying to do with some of the -- the actions taken by the the treasury is to put pressure and to basically squeeze the regime so that that will help the opposition inside venezuela to do whatever they need to do to reclaim the democracy. >> he didn't rule out a meeting with venezuela dell dell gigs at united nations this time around is that maybe a type of olive branch? >> well, i would say it is -- >> grasping at straws here. it is trump style done it with korea, he's done it with all of the thugs around the world. and if they want to talk about what they would propose in terms of making a place better for venezuela, he's saying okay i'll meet with them. but i don't think there's anything in there that suggest that he's going to offer them something but basically i think the position ised a administration is that they have to, you know -- return to democracy to restore functioning of the economy. don't forget stuart that this is also a real threat to region aral stability. this isn't just about venezuela. this is disrupting brazil it is disrupting columbia. there are 2.3 million venezuela who fled in south america not talking about those cool to the u.s. who have basically either flown or walked over the bridge into columbia because out of desperation. >> left-hand side of the screen president trump is just arrived at the -- area where the security counsel is going to meet and mr. already chairing that meeting of the security counsel so leave that up on lngd side of the screen you can see president move around at the yiebs. one more for you mary. and that is -- we're told no power, no running water, no jobs, nothing and yet that regime still functions they're still there and still in power. how come? >> don't forget he hassed to, he has water, he has what he needs. it's the majority of the population that doesn't have anything. let e me draw your attention to one thing that president trump said yesterday which is that he mentioned venezuela's cuban sponsors that's pornghts as first time that he's ever drawn line between venezuela, cuba, and past to solving the problem in venezuela goes through kowb because it is running the intelligence and this state security apparatus that is basically keeping a lid on -- any rebellion. >> get the president just rifing in chamber there any kind of time frame on end game -- leaves? pmpleght >> no, i don't think you can because as i mentioned last week cuba has been a dictatorship for six years so depends on how willing not just president trump but the the rest of the region is to really try to squeeze this guy. >> what a tragedy. mary o'grady thanks for joining us always. thank you very much. left-hand side of the screen the president is taking the seat there united nations here in new york city. they're going to be discussing i don't think debating i think they're going to be discussing weapons of destruction and nonproliferation when the president speaks and he will i have no doubt that he's going to take aim at iran. and we do understand that later today iran's president rouhani is going to hold a news conference so at some point responding to what trump is about to say what the president starts to speak, you will hear it. this is a contentious meeting of the security counsel. not sure how many other members of that counsel will approve. the president is speaking. >> would you like to start? say something -- would you like to start? [inaudible conversations] >> thank you very much. the 8,362nd meeting of the security counsel is called to order. the agenda for this meeting is maintenance of international peace and security, nonproliferation of weapons of mass destruction. the agenda is hereby adopted. i am honored to be here today to chair this meeting of the united nations security counsel. it is also my privilege to welcome the distinguished heads of state, heads of government, ministers and other leaders and representatives here with us. thank you. i also wish to warmly welcome secretary general antonio for joining us. thank you very much mr. secretary general. the security counsel will now consider item two of the agenda. i will make a statement in my capacity as president of the united states of america. it is a great honor to be here today at this u.n. security counsel briefing to discuss a matter of urgent importance concerning and countering proliferation of deadly chemical biological and nuclear weapons and means to deliver them. the nations of the world have long recognized that certain weapons are are so dangerous and can inflict so much suffering that all of us have a vital interest in preventing their further development spread and use. since my inauguration, the united states has taken bold action to confront the sinister threats. many of us are rightly focused on the dangers of nuclear weapons. but we must never forget the risk posed by biological and chemical weapons. the united states was one of the first nations to and we are led international efforts against the scourge of chemical warfare. most recently in syria we have twice imposed severe consequences on the assad regime for using chemical weapons against innocent civilians. i want to thank prime minister mae and president macron for their country's close partnership in those efforts last april. the syrian regimes butchery is enabled by russia and iran. the iranian regime exports violence terror and turmoil elicitly procured sensitive items to advance ballistic missile program and proliferate these missiles all across the middle east. the regime is the world's leading sponsor of terror and fuels conflict across the region and far beyond. a regime with this track record must must never be allowed to possess a nuclear weapon. for this reason, i announced earlier this year, that the united states would withdraw from the iran nuclear deal. this horrible one-sided deal allowed iran to continue it path towards a bomb and gave the regime a cash lifeline when they needed it the most. they were in big, big trouble. they needed cash. we gave it to them. in the years since the deal was insoud, iran's aggression only increased. the regime used new funds from the deal to support terrorism, build nuclear capable missiles and fullment chaos. following america's withdrawal, the united states began reimposing nuclear related sanctions on iran. all u.s. nuclear related sanctions will be in full force by early november. they will be in full force. after that, the united states will pursue additional sanctions, tougher than ever before to counter entire range are of iran conduct any individual or entity who failses to comply with these sanctions will face severe consequences. i ask all members of the security counsel to work with with the united states to ensure iranian regime changes its behavior and never acquires a nuclear bomb. with all of this said i want to thank iran, russia, and syria for at my very strong urging and request substantially slowing down it their attack on idlib province and 3 million people who live there in 35,000 targeted terrorists. get the terrorists, but i hope the restraint continues. the world is watching. thank you also to turkey for helping to negotiate restraint. anything the usa can do to help resolve this problem in order to save perhaps even hundreds of thousands of lives, maybe more, we are willing and able. we are available to help. in my remarks yesterday to the united nations general assembly i laid out my administration's commitment to building a more just and peaceful future. regrettably we found that china has been attempting to interfere in our upcoming 2018 election. coming up in november. against my administration. they do not want me or us to win because i am the first president ever to challenge china on trade. and we are winning on trade. we are winning at every level. we don't want them to meddle or interfere in our upcoming election. as i also mentioned yesterday we have seen the results of historic efforts to open new pathways to peace on the north korean peninsula, on the korean peninsula and that is something we are extremely proud of. i am pleased to say that north korea has not conducted a missile test since last november. it has not conducted a nuclear test since last september. and the hostages have been returned to us and very importantly the remains of american heroes are now returning home. in june i held an historic summit with chairman kim jong-un in singapore where reaffirmed his commitment to complete denuclearization. last week chairman kim reiterated that commitment to president moon ad their third summit and to me in a very strong letter form. i think we will make a deal but unfortunately to insure this progress continues we must enforce existing u.n. security council resolutions until denuclearization occurs. however, we have detected that some nations are already violating these u.n. sanctions. this includes illegal ship to ship transfers, which must end immediately. the safety of the korean peninsula lashes the region, and the world depends on full compliance with u.n. security council resolutions. very, very important. but most importantly i believe that chairman kim jong-un, a manage i have gotten to know and like wants peace and prosperity for north korea. many things are happening behind the scenes away from the media which nobody knows but they're happening nevertheless and they are happening in a very positive way. so i think you will have some very good news coming from north korea in the coming months and years. i also very much appreciate what president moon of south korea had to say about me last night in television interviews, working with president moon has been by great honor and likewise working with president xi of china and prime minister abe of japan has been a pleasure and an honor. even of us follows in the footsteps of countless world leaders, diplomats and public servants who came here to the united nations with the same noble goal, to build a future worthy of the patriots, true, true patriots, who sacrificed their lives for our nation and for our future. to be successful we need a commitment of every nation representatived in this chamber acting together, we can replace the horrors of war with the blessings of safety, and the beautiful, promise of peace. thank you very much. i now resume my function as president of the security council and give the floor to the president of france. stuart: president trump there, he chaired the security council meeting that is happening right now. he came out immediately and went after iran. he said all sanctions will be in full force by early november. then the united nations will pursue more sanctions, and there will be severe consequences, president's words if iran does not submit to these, or anybody who breaks these sanctions. he finished that by saying iran will never get a bomb. more newsworthy perhaps is what the president had to say about china. he said, let me get the words right. ashley: says they have been attempting to interfere in the upcoming 2018 elections, the midterms. that is because they don't want him to win because he challenges china on trade. but i think the big news is there they have been attempting to interfere in the upcoming election. stuart: i have not heard that before. ashley: no. stuart: i've been in the news business but not heard that before. liz: about tariffs that would affect u.s. farmers in that way. that sense. that is the trump base. stuart: do you know that? liz: the president tweeted about that in the past. stuart: so they are interfering -- liz: china tariffs on our goods. stuart: through tariffs? liz: through china retaliatory tariffs. we have the u.s. chamber of commerce second live vice president a timely appearance. >> always happy to be on the show. stuart: the president made news by saying china attempted to interfere with our election process. this is all tied in with trade, isn't it? you have a strong position on trade with china. >> stuart, first of all the speech was a tough one but not one we should be surprised about because he commented on iran and other countries as well and on message certainly on china he is raising the rhetoric. he is making it clear he is not happy with the progress, not just on trade but also probably on north korea. and he is setting a very clear message to xi xinping. on trade, the chamber is very clear there are a number of concerns about china trade practices, concerns that go to the jobs and economy. stuart: you say it is not a trade war. you say america -- >> we have escalated things for sure. 250 billion -- also we have $250 billion of tariffs in place that is a hit to consumers. it will raise prices in christmastime. a hit to jobs in the united states. hurts farmers and manufacturers. on the other hand i got to tell you we support the president administration trying to address unfair trade practices because china is ripping us off in intellectual property, they're stealing our data. they're making it difficult to play in their markets. stuart: we got it. >> these are legitimate issues the administration is trying to tackle. stuart: but what do you want? you want no tariffs, get rid of the whole idea of using tariffs as leverage on china? you want that? >> we want china to play by fair rules. stuart: how do you get them to do that? >> you have to pet pressure on china. stuart: what does that mean? >> i'll tell you what it means, it means we should restrict some areas china access to our market, so we got tougher on that front. two, we have so get the japanese and europeans involved in this. it is not just about america. it is about europe and sharing that burden telling china is enough. stuart: you don't want tariffs. the chamber of commerce does not want tariffs, right? >> we don't want jobs. stuart: when are you going to say it we don't want tariffs. >> we don't want tariffs. that's right. stuart: shouldn't be pulling teeth for heaven's sake. you have a position, take it. >> our position is clear from day one, we need china to play by the rules. stuart: yes. >> we need to have china do a lot of things currently they're not doing. we agree with the administration on this. stuart: brian kilmeade joining us by the radio, brian, welcome to the show. you always wanted a tough line on china vis-a-vis trade. i think president just laid out a tough line. what do you say? >> it was great. i'm on the air at the same time watching and watching the crawl on the bottom so it is not easy, but i love what he said about china. stuart and i kid around about this before he hops on -- stuart are we talking trade? we'll see what happens with this. one thing chuck schumer, president bush, president trump, president obama all agree on as well as the eu, china does not play the game fairly. as they got stronger and gained strength people are concerned about their market, they're concerned about their product, they're concerned about their manufacturing so they're afraid to take them on. president said, i will take them on. wait a second, mr. president, not everybody at once. south korea, is done. mexico, done. eu, framework finished. canada has a few days. i guess they will get in line. guess what they can all point to, these are the deals we got done, by the way i think brazil will be brought in too. we'll focus on the problem. not so much that they're good but they're not playing fairly. we also know about what they're doing with tech, what they're doing with intelligence. not just militarily. this is the time to face them and the president's not afraid to do it. when you look at the muscle we bring to the table economically outside of our debt we have never been stronger. don't you agree. stuart: i agree. but he brought in another element here. the president brought in extra element accusing china of trying to meddle in the elections. that is an added point on top of going after them on trade. going after china on trade. he has expanded the hard-line. that is what i'm trying to say, brian. >> good. i'm sorry. i know you yelled at your last guest before i hopped on. got a little embarrassing. i hope you don't yell at me like that. but stuart, i get it, i think it is genius, the word is chinese are waiting out the midterms before they even want to talk to us thinking the president will be in a weaker position. so this is a great bargaining move for the president. maybe they do have intelligence. they probably do. china is looking to infiltrate somehow. they say nobody knows america out side america better than china. they could tell you the districts on long island and in oregon. that is how well they're tapped into our electoral system. thanks to senator feinstein's driver, we know everything that dianne feinstein was thinking the last 20 years. they are tapped into our system. so he is right. game on. now china has got to say no, we're not doing it. guess what it's doing? the russians may have done 2016 but china is worried about 2018. they have a track record of hacking. i don't know if you noticed it or not. stuart: yes, brian, get back to your radio show. we're already on it. >> you're yelling at me. ordering me to get back to my radio show. this whole "varney & company" thing gotten to your head. he is in charge of his own three-hour show. get out of my way. stuart: ratings are terrific. they like it when i rant, not when i scream and shout. >> you're very likeable. stuart: whatever you say. turninging to the gentleman thai yelled at. i'm sorry, i didn't mean to yell at anybody. >> i'm all right about that. stuart: look the die is cast. we are in a tariff situation. we're in a trade war. do you want the president to back off? no, i don't want the president to back off. stuart: good. >> we want the administration to keep pushing to china. how do we get china to make moves they need to make on structural reforms. how do you get them to reduce subsidies in their marketplace? stuart: tell me, if you don't impose tariffs -- >> you have to negotiate with them, you have to hold them accountable. there are a lot of ways to hold them accountable. stuart: that has not worked in the past. >> i'm all about the president being tough on trade, okay? there is no question with respect to china, we have to get tougher, we have to get meaner, make sure we have a level playing field. stuart: myron, i will desist from yelling at you. you're a fine guest. >> thank you. stuart: judge kavanaugh's fate on the supreme court, should he get there, could be decided by four republican senators. on your screens right now. a vote is planned early next week. we'll talk to a senator on whether that is actually going to happen in our next hour. first though, jerry jones, owner of the cowboys, he says the new penalty on roughing the pass hears changed the game. doesn't let a defender land with his full body weight on the quarterback. i want to know if joe theismann agrees with that. he is next. ♪ ♪ as moms, we send our kids out into the world, full of hope. and we don't want something like meningitis b getting in their way. meningococcal group b disease, or meningitis b, is real. bexsero is a vaccine to help prevent meningitis b in 10-25 year olds. even if meningitis b is uncommon, that's not a chance we're willing to take. meningitis b is different from the meningitis most teens were probably vaccinated against when younger. we're getting the word out against meningitis b. our teens are getting bexsero. bexsero should not be given if you had a severe allergic reaction after a previous dose. most common side effects are pain, redness or hardness at the injection site; muscle pain; fatigue; headache; nausea; and joint pain. bexsero may not protect all individuals. tell your healthcare professional if you're pregnant or if you have received any other meningitis b vaccines. ask your healthcare professional about the risks and benefits of bexsero and if vaccination with bexsero is right for your teen. moms, we can't wait. ♪ ♪. ashley: in the last hour, rnc chairwoman ronna romney mcdaniel told us the prosecutor for the kavanaugh case is perfect for today's hearing. take a listen. >> more about her expertise in that field. she deals with sex crimes. she understands this issue. she dealt with victims of that. she will be able to understand the holes in the testimony and be able to conclude, you know, what's missing here and give a good analysis. that is more why she is there. it is because of her expertise. because our senators care about woman. republicans care about him. we treat women like the whole voter. not like single issue voters that democrats treat them like off to the side we only care about one issue. we know women care about military, veterans, health care the economy. that is what the republicans say to women. how do you win at business? stay at laquinta. where we're changing with contemporary make-overs. then, use the ultimate power handshake, the upper hander with a double palm grab. who has the upper hand now? start winning today. book now at lq.com. stuart: moments ago president trump laid into iran saying that all sanctions will be in full force by early november. then we'll pursue more sanctions through the united nations and severe consequences for anybody who breaks those sanctions. iran said the president will never get a bomb. then the president broke news on china. he said that they had indeed been trying to meddle in our elections for this november. he doesn't want them to meddle or interfere with those elections. he says china does not want him to win. ashley: that's right. stuart: that is breaking news if i ever i saw it. let's get to the nfl. talk about a change of subject. cowboys owner jerry jones doesn't like the rule of the roughing the passer. roll the tape. >> the amplification of this rule, as much as anyone i have seen makes a change in our past. stuart: as i understand it you can't apply your full body weight to the quarterback when you go after him. i think we should bring in joe theismann super bowl i 7 champion before i get out of my depth. joe, everyone knows one tackle ended your career as quarterback. so how do you feel about the new rule. >> first of all, stuart, nice to see you again. i think the rule crossed the line for safety. i'm all for protecting the quarterback. i'm for how do you stop someone coming after the quarterback and be able to change what your body is going to do? i think the calls against clay matthews are ridiculous. the rule has become so difficult to interpret and implement coaches can't teach it. i agree. mike zimmer the head coach of the minnesota vikings said these rules will affect players pocketbooks, they will affect games and coaches jobs. we've seen in the fir three weeks of the season 34 penalties called, where in the same time a year ago it was only 16. there needs to be something done to make the game more suitable for the fans and the defensive guys that play it. stuart: i'm an outsider to the game, you're very much an insider i don't thinksee how an official make objective the judgment about roughing the passer? how does the official know whether you're full body weight has been applied to the quarterback? how do you judge that. i don't see how you do it? >> i agree with you, it is such a subjective call. the nfl stressed for years they don't want officials determining outcome of games. with the implementation of this rule and interpretation of this rule the officials are a very big part of out come of football games. i think they have to step back. they did it with the helmet rule. they mod fight it a little bit. they need to modify this one a lot. stuart: would you change any other rules? i believe that is some new rules entered into the game in recent years. would you change anything? >> i would like a clarification what a catch is and is not. i would like to see it more simplified. if you have the ball, possess it in bound, it doesn't matter what happens going out of bounds, its can much. leave it at that. if it's a fumble, it's a fumble. i would like simplicity when it pertains to the rules. stuart: would you like the game speed up a little. >> no. i think the game moves quickly. what slows it down are penalties. the game other night was a root canal to watch it. took forever to get through it t was painful the end. you didn't think it would be this painful. but in the end it really was. stuart: what is the general shape of football? what shape is it in right now? it had a bad season last year for all kinds of reasons. you think it is recovering? >> i think it has. i think football fans are there. there is two things that really drive football today. obviously fans love the game is one. the other thing is you have fantasy football. people really don't like it or don't understand it still participate because everybody in the office does. you have the betting. you and i talked about this not too long ago. with sports betting people have the opportunity to bet on football games. we have a lot of young guys coming into the game, josh allen, baker mayfield. they make it exciting. we have infusion of youth where people are getting excited again. stuart: i never thought i would be infused about football news on a day when our president is at the united nations when the president has a go at the iranians. you did it. >> remember today, real madrid place sevilla at 4:00. ashley: very good. stuart: he does his homework. joe, we miss you. come back frequently. >> i will. stuart: once again, big tech, all the executives thereof are testifying on capitol hill. this time about data privacy. it is hard to imagine that regulation for these companies isn't imminent. but our next guest says that's okay. these companies are ready for it. he will make his case. ♪ each day our planet awakens with signs of opportunity. but with opportunity comes risk. and to manage this risk, the world turns to cme group. we help farmers lock in future prices, banks manage interest rate changes and airlines hedge fuel costs. all so they can manage their risks and move forward. it's simply a matter of following the signs. they all lead here. cme group - how the world advances. stuart: tech executives on capitol hill today. amazon, google, apple, twitter, they're all answering questions about privacy policies. look who's here? mark douglas, who says even if there is regulation, it won't hurt the companies. make your case. >> well, absolutely. regulation favors big companies, right? because it stills -- stifles competition from younger companies. these companies produce massive amounts of revenue. the regulation will require what is already happening, which is more disclosure how data is being used. more disclosure about their business practices. i think ultimately it is business as usual, except with smaller companies, harder to compete. stuart: doesn't hurt their business model. they're wildly profitable business model, the kind of regulation being danced around doesn't hurt the basic business, is that act a rat? >> i believe that is accurate. the regulation in europe is about as tough as it gets. i don't see u.s. regulators getting any tougher than that. stuart: that regulation is hurting big tech. it is taking billions of dollars out of their pocket? temporary are for a quarter or so as companies adjust to it. consumers want their data used in order to get them for free. ultimately i this it is business as usual after a quarter or two. stuart: you got it. you have a very good way of getting to the point rapidly. we like that on this program. mark douglas, thank you, sir, we appreciate night thank you. stuart: all we've been hearing about a blue wave coming in november but the left is forgetting something. it is called prosperity. i think it is going to have a bigger impact in november than a lot of people think. my take on that, top of the next hour. ♪ when you're looking for answers, it's good to have help. because the right information, at the right time, may make all the difference. at humana, we know that's especially true when you're looking for a medicare supplement insurance plan. that's why we're offering this fact filled guide; seven things every medicare supplement should have. and it's yours, free. just for calling the number on your screen. you 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call humana now. call the number on your screen. for this free guide. it's just one of the ways that humana is making healthcare simpler. and when you call, a knowledgeable, licensed agent-producer can answer any questions you have and help you choose the plan that's right for you. the call is free. and there's no obligation. you know medicare won't cover all your medical costs. so call now. and see why a medicare supplement plan from a company like humana just might be the answer. stuart: they don't want to jinx it, so they don't say much in public but democrats in private believe they can win the house and maybe the senate in november. to them the blue wave is real, and they believe it is going to happen. hold on. the left is forgetting main street. they are certainly forgetting flyover country, you know the vast stretches of america between the coastal elites? they think the world revolves around washington, d.c., and the toxic politics of rosenstein, comey, mccabe and sexual misconduct. i don't know why that picture is on the screen, but it is there. they think trump hatred will carry them through. they forgotten prosperity. they are ignoring the economy's strength. they're ignoring the near record level of consumer confidence which is a very important indicator how we feel about our economic future. when we're confident we're buying more, we're investing more, we're hiring more. the president is pushing this in a tweet first thing this morning. here it is. consumer confidence hits an 18-year high, a big jump from the last eight years. people are excited about the u.s. a again. we're getting bigger and richer, stronger, way more to go. that message resonates on main street. and look at this, "gallup poll" showed 45% gave the republican as favorable rating. that is a seven-year high. i'll call this a sleeper poll, because it is not what you're used to hearing. so democrats, don't get too confident about that blue wave. america cares about being prosperous again. when we see a strong economy, we like it. five weeks to go. don't count the republicans out. the third hour of "varney & company" is about to begin. ♪ stuart: now we're up 62 points, 26,500. 20 of the dow 30 are in the green, they are up. and joining us charles payne, hosting of "making money." i'm sure you heard my rant of the day. >> i heard it. stuart: you can't, look, we care about prosperity and i think voters care about prosperity. so i am not so sure this blue wave is going to happen. what say you? >> i have a to agree with you and it's interesting that consumer confidence number that president trump tweeted about, one of the lines i caught my eye, there is a line that asks are jobs plentiful t jumped from 42% last month to almost 46% of americans say yeah, jobs are plentiful. i don't know that i saw the number that high. stuart: a huge jump. >> that is magnificent. 46% of people believe, not only if i'm secure in my job, if i need to i can walk out get another job. when they feel that way, they buy cars and suvs. when they feel that way they look for a house. this morning these mortgage applications on purchase side up 3% back-to-back weeks. i'm watching it closely. maybe it is because interest rates moving up but also maybe because people feel like i'm secure. i am financially secure right now. it has been an uneasy feeling for a decade in this country. you go into a voting booth do you give away that security because of scandals and headlines? stuart: the economy is booming. does it last? >> i got to believe it does. the kind of investments we're seeing in this, you know the federal reserve created 4 1/2 trillion dollars out of thin air. they were trying to create a virtuous cycle. my excitement, my enthusiasm leads me to spend, whoever does that, hires people, then they're enthusiastic they didn't have a job before. it is virtuous cycle. i think we're in the midst of an organic virtuous cycle. stuart: fed is likely to raise interest rates. a lot of people think it's a negative. i take it as a positive. they're raising rates in response to a very strong economy. how do you see it? >> i agree with you. it bothers me the notion, the main street, the photos of the mountains and clouds? stuart: sorry about that. >> i feel like it is unfortunate when main street starts to get more prosperity or see raises that wall street is in a big rush for the fed to raise rates or that's the way it works. i think chairman powell understand fed policy goes beyond the elites. i believe he is not going to hurt the economy. he is not going to hurt the market. he will raise rates. he will put an occasional speed bumps but i don't think he will wreck this. that did what i'm comfortable about. stuart: we have the retailers. we have walmart. jcpenney today. proctor & gamble before and they're not a retailer of course, but the fight with china will raise prices to the consumer. is that a big problem for you? >> i don't think it will be a big problem. you know tonight we'll explain how these tariffs work because when you get your receipt at the supermarket, there is no line that says tariffs, right? most people are not aware where the tariffs kick at. they will be shocked where it works, how it works. most every company vocal about tariffs look at the stock charts for the year. proctor & gamble is already down 8% this year. they cannot pass on price increases. you can't have it both ways. i'm not saying that tariffs don't add to cost to consumers but it is not going to derail what we got going on. stuart: you say the consumer is on a roll. does nike's performance reflect that because nike is down today, notwithstanding the kaepernick ad. what does nike tell you about the consumer? >> you know, nike's numbers were great. sometimes you have to look at a stock and put it in perspective. it was the number one performing stock in the dow this year. so a lot of anticipation they would beat. only beat the street by 6%. quarter before was 8%. the quarter before was 20%. you see it is trending lower. by the way, another thing, sort of a yellow flag, in north america, footwear sales only up 5%. they were up in europe 10%, china 22%, asia, latin america, 14%. that north american market, still the largest market not a major impact from the controversial ad, not kind of impact they want. north america is battleground with them and adidas. that is why the stock is under pressure. has no bearing on overall consumer. stuart: would charles payne look into cannabis stocks? >> i am looking heavily. i made people money in cannabis stocks. i am not in any. canopy got upbraid by benchmark. tilray, selling medicinal products in australia. a record can -- cannabis, gross margins expanding. the companies in this starting to be run like real businesses. that is what i like to z their conference call was professional. they know what wall street wants to see. they're focused on margins. bent from three production facilities to 11 in just one quarter. this is one of the smaller, but more organized names. tough keep an eye on it. not going away. i think more of a viable investment than cryptocurrencies. stuart: a lot of people want to get in on the ground floor. they see cannabis as multibillion-dollar industry just a little ways down the road but getting in on the ground floor you have to take a lot of risk. >> i have a private placement memorandum for a company not public yet, trying to raise a certain amount of money. i'm flipping through it. it is intriguing. stuart: wait a second. they come to you. want to go public. they're a cannabis company tell you -- >> they want me to invest in it. stuart: they do? >> of course. i don't know. it intriguing. ashley: i can't say on live tv. >> it has to be full disclosure. it is intriguing. think about the automobile industry when it first started. there were hundreds of car companies and eventually became the big three. almost every industry is like that. there will be some distinct winners when the dust settles here. i wanted to say when the smoke clears that was too much of an obvious pun. stuart: i want to tell our audience, you have a time change coming up. "making money" moves to 2:00 p.m. eastern time. it will be on october the 15, that correct? >> that's correct. retail sales out that day. very important economic gauge. one of the gauges got me real bullish on retail numbers before the rest of wall street. i can't wait. stuart: october 15th, i want you to tell your viewers whether or not you put money in cap tha- cannabis. >> i will be done with the prospectus by then. emac, great to see you. stuart: amazon could reach a $1.5 trillion value in three years. they think amazon goes to $3,000 per share within two years. check the rest of big tech bearing in mind, amazon, google, twitter, apple executives are now testifying before a senate committee right about now. this is all about privacy. we're told that the big techs actually want regulation. how about that? look at jcpenney, it says the trade war will lead to price hikes and hurt the middle class, the trade war with china is. coming up this hour we get reaction from the head of the national retail federation. all right. now this, the fate of judge kavanaugh at the supreme court could fall on these four republican senators. senator steve daines, he is a republican, he will join us. what does he think about his party depending on four members to get kavanaugh on the supreme court? the house is expected to vote later this week on tax cuts 2.0. a vote this week. i say there is no way it passes the senate by the way. stay with us. this is the third hour of "varney & company." ♪ benjamin franklin captured lightning in a bottle. over 260 years later as the nation's leader in energy storage we're ensuring americans have the energy they need, whenever they need it nextera energy. stuart: snapchat, wants you to make sure you vote in november's elections. all users 18 and older, will receive a voter registration link when they click into their profile. click on the link will take you to another site where you can register to vote. we've got a timeline on brett kavanaugh. he and accuser christine ford will testify before the judiciary committee tomorrow morning, 10:00. that is the time when it starts that committee will vote on friday. if it's a yes vote, the full senate could vote on kavanaugh next tuesday. we'll put four gop senators on the screen. these senators are the key to whether he gets confirmed or not. they are senators flake, corker, collins and murkowski. joining us now is senator steve daines, republican from montana. senator, democrats are absolutely united. they will vote, all of them, absolutely no. but the republican party is divided. it all depends on those four. that is not a very good situation for the republican party to be in. >> well, the most important vote that a united states senator casts, i believe is a vote for the united states supreme court justice. when i ran for the united states senate in '14 i made that clear. these are lifetime appointments, highest court in the land. this is something each of us need to take very, very seriously. but you see what is going on right now, stuart. hours after president trump announced his nomination of judge kavanaugh in the east wing of white house, i was there that night, just hours after that was announced on july 9th, chuck schumer, the democratic leader was on tv. we're going to oppose this nomination at any cost to stop this nomination. that is exactly what you're seeing is going on a man served with great distinction for 12 years as a circuit court judge, 307 opinions, six fbi background checks, an impeccable record. my concern, right now, stuart, this moved from really a presumption of innocence treating somebody with dignity and respect, both side, both sides, it is moved to trial by tabloid. it's a smear campaign. that is what is going on right now. it is shameful. the problem we have right now, it is demeaning the institution of the u.s. senate, the supreme court of these fundamental american values. a presumption of innocence. this is, this is not a good day for america. stuart: senator, we absolutely understand that, and we're with you 100%. what would you, can you handicap, let's suppose he is voted out of committee, it goes to a full senate vote next tuesday, how do you think it is going to go? would you say he will be confirmed? can you say that to us now? >> well i cannot say he will be confirm. it comes down to a few senators at the moment, republican senators deciding which way they're going to vote. all eyes will be on the hearing tomorrow. and stuart, in fairness both sides need to be heard. that is the right thing to do. this needs to be handled professionally. the problem i have is this is moved into about power and politics versus about the truth and what the facts are. i commend chairman grassley in setting up an environment tomorrow that will be conducive to getting to the truth, getting to the facts. and for heaven's sakes that is what we're called upon been the constitution for united states senators to provide that consent and approval to the president's nominee. everything i have heard so far on judge kavanaugh tells me i'm voting yes. he would be an outstanding, outstanding supreme court justice. we'll all be watching tomorrow. stuart: yes, sir, we will. i do have to ask but the vote expected on friday on tax cuts, 2.0, that would make tax cuts permanent. however, it is likely to be a yes vote, that is for sure. would it pass the senate? it is not likely to get through the senate, is isn't. >> i sure wish iit would. only thing better than a temporary tax cut is a permanent tax cut. for heavens's sakes, look what is going on in the economy. viewers see it every day. permanence would be a wonderful thing. i support that. that shows you how important the next election is in 41 days. the other side, democrats want to raise taxes. we want to make tax cuts permanent. there is one of the choices for the american people. stuart: if it is put to the senate, the senate takes it up, would it pass the senate? >> we would need, we would need a 60 vote threshold right now on that. so most likely we would have to go through the reconciliation process, going into next year for permanence. the house would likely pass that but we would hit a 60-vote threshold on that. stuart: that is quite a roadblock. senator steve daines, montana. we appreciate it. >> thanks, stuart. stuart: breaking this morning, fox said it plans to sell its entire stake in sky to comcast. that is for about $15 billion. that will give comcast full control of sky. as we usually do at this time we'll check other markets for you. we'll start with bitcoin. still at the 6,000 mark. 6500, one bitcoin. how about gold? still around $1200 an ounce? no, it has come down a lit, it is 1198. sorry, okay. the price of oil down a bit this morning. i think we were around 71.64 had. there you go. gasoline still in the mid $2.80 range. 2.86 eps zoo like been there for forever. >> forever. stuart: microsoft could face a class-action lawsuit over gender discrimination claims. judge napolitano is here on that. he will explain what exactly microsoft is accused of doing. first forbes has come up with the list of the moist visited cities in the world. we'll tell you next but take a guess which place gets the most travelers? here is a clue. it is not new york city. could have told you that. beverly hills 90210, believe it or not that is not the hottest zip code in america. we'll tell you which unlikely city has the winning numbers. we'll tell you next. ♪ - at afor the financialt's time world to stop acting the same old way. you need a partner that is willing to break free from conventional thinking. we are a different kind of financial company. we are athene, and we are driven to do more. this is moving day with the best in-home wifi experience and millions of wifi hotspots to help you stay connected. and this is moving day with reliable service appointments in a two-hour window so you're up and running in no time. show me decorating shows. this is staying connected with xfinity to make moving... simple. easy. awesome. stay connected while you move with the best wifi experience and two-hour appointment windows. click, call or visit a store today. stuart: remember we told but the new facial recognition scanners being used at nine airports? well listen to this. the administration says that technology has already identified 1300 immigrants who overstayed their visas. the department of homeland security says, on the first day of the program, the system flag ad woman who overstayed her visa for nearly 20 years. hmmm, is that what we're using this for? what is the hottest zip code in this country with rising real estate values? according to real estate.com, kentwood michigan, a suburb of grand rapids, michigan. a colorado zip code number two. castro valley california, just outside of san francisco, and peabody, massachusetts that is near boston. bangkok, thailand named the most visited city in the world for the third year running. it welcomed 20 million international visitors. others making top five, london irparis, dubai, singapore. new york the only north american city to make the top 10 came in at number six with 13 million visitors. market shows a 50 point gain for dow industrials. 26,543. everyone is waiting for the fed this afternoon. are they going to raise rates, how much and when? ... at fidelity, our online u.s. equity trades are just $4.95. so no matter what you trade, or where you trade, you'll only pay $4.95. fidelity. open an account today. stuart: modest game for stocks as we await news from the federal reserve it how much and when they will raise interest rates in the dow was up 55. jcpenney's latest in the that tariffs will hurt consumers because of higher prices. that follows procter & gamble and walmart. matt is ceo of the federation and matt, i know you're not a fan of tariffs but can you tell me if consumers have yet been hit by higher prices because of tariffs? i don't think i have. >> stuart, good to be with you again. the truth is we are seeing this play out in slow motion because the president and ministration have been laddering up the announcement of these tariffs. at the moment i thank you are right that in many cases consumers have not felt the pain yet but on the other hand there are questions in our economy where there's a great deal of pain. last week we launched coalition called tariffs for the heartland and highlight the scores of people across the country been hurt by higher prices are jobs. it will play out over time and we get into next year and everything that comes in from china has a tariff on it than a certain consumers will feel pa pain. stuart: calls, the trying to hire 90,000 workers for the holiday but i understand a few retailers you want to hire people for the holiday and we have trouble finding workers because it's a tight labor market. in fact it so bad i thank you guys have to start - you are, i believe, offering benefits to people that work at kohl. is that true? >> is a competitive label environment. you know how low the on up limit is. mobility and jobs and the department of labor announced recently when their most recent jewel study came out 6.9 million jobs unfilled and only 6.3 million americans out of work. we got a mismatch across the economy both and skills and available workers. we will fill that this fall and into the holiday season the retailers are being creative and that's putting pressure on wages and benefits. good for the economy and a little bit of wage inflation is healthy but too much is not a good thing. we will get there but it should be a good sign for strong holiday season. we got to find workers we need. stuart: expecting a strong holiday season - it's up four or 5% may be, is that your forecast? >> in early august we updated our forecast and predicted we would see retail sales increas increase-percentage and maybe in the mid- fourth and we bump that up to four and a half, likely to be close to 5%. if not more and things continue the way they gone thus far and back in the tariff issue if this gets pushed into 2,019 or receive the escalation maybe or see deals get made between the us and our partners in canada and in europe that will take some of the pressure off and we could get a happy holiday seas season. stuart: when i go to - when i buy something, i use a credit card. some of my credit cards have perks attached. you build up mileage and allies and the judge is laughing with me because i'm kind of cheap but nonetheless i use these credit cards that have perks. i understand retailers are not happy about this because you guys get landed with the cost of the perks. in some of you are about to say were not taking that card because it's too costly for us, is that accurate? >> you touched on the whole issue of the relationship between the card issuers and the banks and the merchant partners. the interchange is the fees that the merchants pay whenever the cards are presented for payment for a product at one of the stores or online. a number of the cards that a been issued in last three years have higher rewards but higher interchange fees so these premium cards that come out in the last three years that you may carry a wallet as they say in some of those have much higher interchange fees. just in the last five years interchange speeds paid by retailers have increased by nearly 70%, up to close to $45 billion last year. it's big money and cost consumers money and cost merchants money and the subject that we debated is what level of fairness and balance between the actual services be provided and the price being paid. that's the topic of retailers and card issuing partners are discussing. stuart: matt shea, retail guy, squeeze by tariffs, squeezed by tight labor market, possibly squeezed by all the fees you have to pay because of the perks on credit card and yes, you are smiling but you will have to have a great christmas and holiday season, aren't you? >> we will try but i think the economy is poised for soliday holiday season. we had a great year thus far and we want to come up and see you in december. we can tell you in the studio and celebrate together. stuart: guarantee. we will do that. now this, microsoft - more disclosure, i do own a little of the stock but it's at a record high. microsoft could face a class-action lawsuit. it's accused of gender explanation. judge napolitano is here. accused of gender discrimination. what are the practice of alleging? >> three female plaintiffs claim a systematic institutional effort by microsoft to fail properly to evaluate the worth of female employees. microsoft denies it. they are willing to settle with them. but that is not the issue. the issue is they want to represent a class of all 8600 present and past female employees of microsoft and a federal judge in san francisco through it out. the announced last night they will appeal to the ninth circuit. stuart: are the other plaintiffs making a statistical argument which is - not enough women in higher levels of management or are they making an actual implication that you will not promote me because i'm a woman and happened in this instance? >> is a hybrid of both. because this is microsoft there is a computer program that managers apply to evaluate and these people have found an expert to say there is a gender bias built into the computer program. this federal judge spent 68 pages of singlespaced print, which i read for you this morning blowing at out of the water. i showed how it is not - this is a trial judge. it was not systematically biased against women. last night the lawyer for the women announced they would repeal it to the ninth circuit but that's where this case stands. did you know this before you ask the question? stuart: no, i didn't. you are an italian extraction and - >> your shares of microsoft did not go down as a result. stuart: higher fee just came o out. [laughter] >> you can't hear them yelling at you. stuart: much more serious, and the segment we just did ten minutes ago we talked about these nine airports were using facial recognition technology and they call it, 1,300 and immigrants. >> is that what it's for? one note but that's how it's being used. i have a problem with that and i thank you do to it. >> is going to become like london it should be done by the popular branches and should be done by congress after a great national debate. it cannot be a decision made unilaterally by some bureaucrats to purchase this equipment. if you want to give up all of our privacy by having the government recognize our faces and compare the algorithm to any other computer program it should be done by the consent of the american people. it was not. the people watching the show now know that when they walk through the airport the government is taking the picture and comparing it to government databases. stuart: >> these are congressional mandates to do this at the customs borders and protection security personnel and mandates that a been out there for years the congress for a place to have biometric racial recognition but the cult's been here for 24 years overstayed her piece of it i see your privacy point but it should be noted that the lapd and york police department use facial recognition as well. stuart: >> just went out and bought the separate no vote on the city council. stuart: breaking news as we speak but here we go. michael evan eddie revealed a third cavanaugh accuser. we don't know this story and i can't ask you about it because you don't know - >> what i know what michael has. stuart: sworn affidavit and all i know at this point. >> this is a woman who worked security clearances and the treasury department and of the of the federal government says she was gang raped in high school and that that cavanaugh and his friend mark judge were there when it happened. this is the latest allegation but whether it is a just tomorrow remains to be seen. >> it's a vast last couple minute and i happen to believe the timing is - >> obvious. stuart: raise at the last minute get a delay and that's what they want and that's what has just happened. [inaudible conversations] stuart: you know that already. ibm, ubs says buy it and evidently investors are. it's up $4 at $1.52. the used color retailer, climax, making money but the stock is down. must be something in the report that investors don't like because the stock is down. we got an upgrade for go pro. it came from oppenheimer and networks and it's up nearly 6%. the situation in venezuela if it worsens, the military option is gaining backers. this morning the president said every option is on the table. fred barnes coming up on that. i'm back with nikki haley firing back at john kerry for interfering with iran. calling him anti- american and disrespectful because he held meetings after he left office with iranian officials. we are on that one. up and trump using benjamin the top of your earlier and he said it's a dream of his achieve middle east is by the end of his middle term. revealed the date and location with his meeting with kim jung-un. tons of headlines from the un. this is president trump on the world stage. next we talk to a former us investor. your money right from the markets, stay with us. a lot more ahead. how do you win at business? stay at la quinta. where we're changing with stylish make-overs. then at your next meeting, set your seat height to its maximum level. bravo, tall meeting man. start winning today. book now at lq.com stuart: >> we are watching disney stock make a major change to their park. starting october 15 it will be like the airlines. the price you pay to get into a park will be based on the day that you go. those prices will range from between 109-$129 and this is good for prospective visitors. the same price for all four disney parks whether a kingdom, animal kingdom, hollywood studios or epcot. take a page from the book of the airlines. this is good for disney because they can spread out the crowds throughout the year. disney shares up-to-date up one and a half percent. they are at last check up 1% today. more party after this. obvious. sometimes, they just drop in. cme group can help you navigate risks and capture opportunities. we enable you to reach global markets and drive forward with broader possibilities. cme group - how the world advances. ♪ president trump: we are the new quasi- north korea, we have a wonderful relationship going in our country and we have been helped a lot by japan and very much by president moon of south korea. north korea is going along very well. we have had a tremendous amount of progress since this time last year. stuart: there he was. president trump talking north korea in new york city. he will reveal the date and location of his next meeting with kim jung-un during this conference later today. there will be a second summit. joining us is cameron, former us ambassador to pakistan and serbia and currently the ceo of east-west institute. mr. ambassador, this is not static in our relationship with north korea but moving at someplace. >> it sure is. even for skeptics of the meeting that takes place, even for skeptics, it's good to see the dialogue continuing. as the president said yesterday, there's a lot of work to be do done. stuart: but you not have a second summit unless there's been a success coming out of that summit and success between now and that summit. >> two things are going on. we have a definite desire by both leaders, kim jung-un and president trump to continue along the route they started in singapore. in both of them in it the hard part starts now. identifying what it means by denuclearization in identifying the sequences they have to go through so they come to agreement it is progress. stuart: it is a positive. okay. ambassador nikki haley, you are ambassador to 90 nations she's going after john kerry accusing him of interfering in our relationship with iran. done it will take. >> what secretary carrie did was, not only disrespectful but hurtful to america. when we are sitting there trying to get iran to come to the table in a way they understand the ballistic missile testing has to stop and the support of terrorism has stopped and they have to quit selling arms to these and to have another american go in and say, don't worry about it - that is anti- american. it was hurtful to the american people and if secretary carrie was secretary of state he would not want anyone doing that. stuart: was at hurtful? >> i can't a separate bill always be . stuart: should john kerry have held those meetings? >> form officials to have meetings with foreign leaders but the question is the content in question is whether that should be coordinated with the government. had it been done it would not be that unusual. stuart: whether he should have done it or not but that's another story - >> yes, but the point is it's not just for the blacks do but it is people other talking in the point is the coordination trying to make sure speaking with one voice. stuart: stain on iran, president trump continue to go after the iranians brought the day today and he said that during a meeting with the security counsel - listen to what he said. will that tape, please. president trump: the regime is the world's leading sponsor of terror and fuels complex across the region and far beyond. a regime with this track record must never be allowed to possess a nuclear weapon. stuart: never be allowed to possess a nuclear weapon. strong stuff. >> right. that's american policy and should be. stuart: but the policy is to squeeze iranians, not go after the militarily but squeeze them? >> i believe so. let's hope that what happens is that after this war of words that we had between president trump and president rouhani today in front of the one that there is the possibly that it there can be a new deal or at least talk about a new deal as the ministration would pursue. it's also difficult that within the one you have a lot of crosscurrents with people are the signatories of the jcpoa talking with one another and trying to figure out what to do. it will take time to get clarity and see if the president can reengage to get to that goal. stuart: is that a possibility? >> i do, i think so. stuart: fascinating. ambassador, thank you. president trump sure to talk about all of this during his news conference which have not later today. you can watch it here on the foxbusiness network. it scheduled for 5:00 o'clock and we will run it. the chief at work will stay on as executive beyond 2019. the company has got the policy required it co to acquire the age of retirement being 65 but the stock barely responding to that. shares of the homebuilder is down a new home sales in august expected were as excited. july was revised downward. kb home down 6%, how about that? circle president trump taking on another world leader, venezuelans maduro. all options are on the table and we are on that and deal with it with fred barnes. right now the market is up and that is ahead of the bed decision which comes up to you. we mentioned the fed on this program but that they rare occurrence. we are up 52. i get it all the time. 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(vo) go national. go like a pro. wat t. rowe price, hundreds of our experts go beyond the numbers to examine investment opportunities firsthand. like a biotech firm that engineers a patient's own cells to fight cancer. this is strategic investing. because your investments deserve the full story. t. rowe price. invest with confidence. designed to save you money. wireless network even when you've got serious binging to do. wherever your phone takes you, your wireless bill is about to cost a whole lot less. use less data with a network that has the most wifi hotspots where you need them and the best 4g lte everywhere else. saving you hundreds of dollars a year. and ask how you get xfinity mobile included with your internet. plus, get $300 back when you buy a new smartphone. xfinity mobile. it's simple. easy. awesome. click, call or visit a store today. stuart: breaking news. secretary of state mike pompeo will travel to north korea and he's going to pyongyang again that he will go next month. earlier this morning president trump that they will have another summit with kim jung-un at some point in the very near future. come on in, fred barnes. you're on camera coming out. this looks to me like ongoing diplomacy, hard-line trump and it is working. a year ago mr. trump was saying he's a rocket man and now there's a second summit and mike pompeo is on his way again. >> remember, he seems to be impatient because there wasn't much progress. diplomacy with north korea and in the first weeks or months after that summit well, it takes a little longer and here we are seeing the results of it. the ambassador that you are talking to so the important thing about a second summit is something has to be actually produced and that is certainly what i'll be looking for when there is that second summit. stuart: is a parallel with iran? this human meeting our president has gone after iranians calling them a terrorist state and all kinds and he's really putting the pressure on them. today as possible that within a few months we will be sitting down and talking to them? >> of course. that's quite possible. the north koreans want to survive for one thing. the chinese want them to survive and what they need america to step in and not be pushing for regime change and progress is being made. i think it would happen quite so soon but there it is. stuart: what about venezuela? i know you're laughing but the president dealt with at this morning, as well saying that, only with anybody anytime if i can stabilize. he did not rule out a meeting with maduro. the stick, hard-line trump, versus - we will hold the meeting and we would talk but it's an interesting view of foreign policy is conducted by president trump. >> it is but i think there's a signal from venezuela and they're not quite as promising from north korea. here's a country and the only one in latin america that is stays in power because it's made a deal with the military in venezuela and that does not exist anywhere else in south america. but it does there. the president was very subtle, i thought, in what he talked about about venezuelan friends and the neighborhood of miami that he knew and liked and they are well over 1 million refugees or escapees from venezuela all over south america and the president was speaking to them. i am on your side. stuart: the only thing i got to say is president trump is doing a 180 in terms of foreign policy and just about everything else from barack obama. i thank you are with me on this. >> i am. i'm totally with you. he's doing a pretty good job particularly in north korea. and in other places as well. it's remarkable and one thing i was struck about today and what he said about venezuela was a pretty subtle message. he wasn't rattling and quite the opposite but it was much more like north korea then we are used to, i suspect. stuart: i'm president trump and i only want to help you. [laughter] i'm out of time. thank you for joining us. >> you are welcome. stuart: there will be more varney guaranteed after this. i know that every single time that i suit up, there is a chance that's the last time. 300 miles per hour, that's where i feel normal. i might be crazy but i'm not stupid. having an annuity tells me retirement is protected. annuities can provide protected income for life. . . . . stuart: first thing this morning president trump said there will be another summit with north korean president kim jong-un in the future. moments ago it was announced secretary of state mike pompeo will go to north korea next month. at 5:00 tonight there will be a press conference. liz will cover it. i bet we find out where and when the summit is going to be. liz: we'll be all over that 5:00 hour on "the evening edit." stuart: rackable progress. thanks, liz. neil, it is yours. neil: we're trying to find out what the president meant when he said the chinese were trying to interfere with the 2018 election six weeks from now. a lot of people are taking at face value, china's trend in the middle of the trade war back and forth target states big victories for donald trump. agricultural states. midwestern rust belt states. or was he talking about something more ominous. the marketses are worried about that. there is another russian incrimination here? too soon to tell. we take it face value it this was more of a trade issue and china is targeting those states, those jobs,

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