About how trading does and should work. Stocks were significantly up today after the biggest selloff in three months wednesday. The dow surging 300. S p 500 up 37. Nasdaq gained 67. Lets find out what this means for you and your money. The story of gamestop is a story about Institutional Investors versus a lot of little guys all making similar trades. Kristina partsinevelos of fox business joins us from new york. Good evening. Good evening. Its a rebellion between the Retail Investors and wall street. Its got a lot of people worried. Congress, sec, treasury secretary janet yellen. They are going to be monitoring the stock swings as well as trade restrictions. You have Companies Like gamestop that are used as a weapon. You have large, big hedge funds that noticed things werent going so well with gamestop. People werent going to stores to buy a lot of these video games so the big hedge funds shorted the stock. They bet the stocks would fall. Smaller retail guys banded together in online
Await the hearing, what critics call Catch And Release. We have specifics tonight from los angeles. Customs and Border Protection says because of that steady increase in apprehensions, mexicos reluctance to accept more deported families and covert restrictions here, some facilities are at maximum safe capacity. Therefore, it says, per longstanding practice, the Long Term Solutions are not possible. Some migrants will be processed for removal, provided a notice to appear and released into the u. S. To await a future immigration hearing. This is needed to avoid keeping migrants beyond what court orders allow, right now the Border Patrol is stopping some 3,500 migrants per day trying to enter the u. S. A former dhs director chad wolf calls it a perfect storm likely to get worse as smugglers and families exploit the situation. Its a Significant Development they arent taking certain family units back under title 42, that is very concerning because if youre just doing that in one or two sect
Czar. Here is a piece that is wringing its hands over the mainstreaming of crazy even as it main streams crazy. White House Press Secretary jen psaki seemed to chuckle when asked about the space force. Wow, space force. Its the plane of today. Will im grateful its been a while. Steve live from washington, d. C. And New York City. Its fox friends for wednesday, february 3rd, 2021. Were Groundhog Day plus one which means five more weeks and six days of winter according to that kind we weasel we saw yesterday in pennsylvania. Ainsley we love snow. Steve i have 30 inches of snow at my house. Ainsley you need that skip bedell thing that blows the snow out of your driveway. Steve my neighbor came and son came over and helped me too my sidewalk. Ainsley thats nice. Brian i have not had the opportunity to shovel my sidewalk since 1957 when we started the show. Every time it starts to snow they say you cant go home. Steve you havent been home in four days are brian brian i just got home last ni
As dana mentioned, we will speak exclusively to a man with a lot of power in washington, West Virginia democratic senator joe manchin. But first we begin in florida where two fbi agents were killed while serving a warrant. Phil keating is on the scene in sunrise, florida. Good evening, phil. Reporter good evening, bret. It all went down just after 6 a. M. This morning. A brutal, brazen and tragic incident inside that apartment complex behind me. Five fbi agents were shot, two of them fatally. Just minutes ago the fbi called this a very dark day. We are saddened by their loss as we struggle to come to terms with what happened. However, as we grieve their loss, we will continue the mission to protect the American People. Reporter the federal agents showed up to the subjects apartment before dawn for what was planned to be a Surprise Serving of a Search Warrant in an on going child pornography case. Instead of answering his door, the subject grabbed a gun and started shooting. The two age
Buying it with a whopping 80 of voters in the latest fox news paul describing Economic Conditions as fair or worse, poor. It is no wonder, new data showing homeowners spending 40 of their gross income on their mortgage with rates hitting their highest level in 20 years and as moodys estimates americans are spending 709 or more on goods and services than they did two years ago. Lets bring in our panel, Damn Heninger and bill mcgurn, first, the Treasury Department on wednesday came out with a three page memo on the Inflation Reduction Act, virtually nothing in it was about reducing inflation. All about spending more on more regulations, both of which, spending or more regulations are inflationary. What do you make of that . Reporter President Biden has a habit of saying or whispering that he thinks it is true but nobody else knows that it is untrue, bidenomics with the Inflation Reduction Act is working, roll it back to when they were passing this act. They did call it the Inflation Redu