Creators. They became popular on the platform thats under the microscope and could be banned or sale forced. Stuart not sure the connection there promoting Small Businesses and made the wrong of the tsonga i like the choice with the platform they song in the concept of freedom chose. And its a cloudy, misty day in stuart of course. Might find breakdance doesnt want to sell. They wont do it. New york harbor. 10 00 eastern. Straight to the money. Thanks, still had, consumer what i would call a favorable prices up 3. 4 in the last 12 months. What does he say about the state of the economy. Inflation rate producing a Charles Payne will discuss modest stock market, dow is up that. 130 can nasdaq up 70, 10 year treasury yield is encouraging investors, 4. 38 on the 10 year treasury, 5 basis points. The price of oil down 76 a barrel, but bitcoin on the way up, 64,169. The latest read of homebuilder confidence. The first since november of last year, the levels 45, down from 51, housing, one third of the cpi index and costs going up, the Association Says if you think of energy rules, that will raise the cost of home construction. Stuart thanks very much. The university of North Carolina chapel hill will take 2. 3 million out of its dei program, few have been as divisive as diversity, equity and inclusion, the money taken out of the dei program to the Campus Police, the town wouldnt let local Police Remove the student in cameron, they said it was a peaceful protest so the Campus Police had to do it and had a hard time restoring security and student safety. Can you imagine more money for cops at a university . They are actually doing it. The left a second double hit, their treasured dei program has been cut. Instead of defending the police, they are given extra money. Lets hope this isnt true. Surely colleges are getting tired of the intellectual straitjacket of dei. A Real University education, students have to agree to leftwing ideology to get in and stay in. Theyve been taught people of color have been oppressed and colonized. Only a short step to seeing jews as oppressors and israel as a colonial power. Thats how antisemitism developed on campus. Unc chapel hill is liberating at campus and taking steps to liberate student minds. Second hour of varney and company just getting started. Liz peek joining me. You think other schools will follow . Liz i hope so. This is a very positive trend. I would say it depends what part of the country they are in. You have seen students at a number of schools pushback against the protests and the protesters, raising american flags, proclaiming their patriotism when other students are talking how raising the palestinian flag. Some of this is ignorance and stupidity but the reality is this dei invasion of campuses has been so divisive and so problematic, there are two things, one, getting rid of that, they are not the first campus. Texas did that. They cut the ranks of their dei hires. They went crazy overboard, some campuses have hundreds of people employed in these operations doing what . Other than seeking problems in some cases where they dont exist. Both these things are very positive. As a first step we need serious reworking of colleges and what their priorities are like education. Stuart you have a new oped titled biden thought he had these voters locked in. This could be costing him big time. Which voters did he think he got locked in . Liz black voters. The Biden Administration and new projects means new project managers. You need to hire. I need indeed. Indeed you do. When you sponsor a job, you immediately get your shortlist of quality candidates, whose resumes on indeed match your job criteria. Visit indeed. Com hire and get started today. Inside every splenda product is a mission. To help people live happier healthier and longer lives by making it easier to cut out sugar. From our factory to our stevia farm, splendas team of over 2000 individuals are dedicated to helping people live their best lives. Taking pride that everyday millions say i use splenda. and now sweeten drinks wherever you are with splenda zerocalorie liquid sweeteners. Try all three. Available in the baking aisle. Hi, im jason and ive lost 202 pounds on golo. So the first time i ever seen a golo advertisement, try all three. I said, yeah, whatever. Theres no way this works like this. And threw it to the side. A couple weeks later, i seen it again after getting not so pleasant news from my physician. I was 424 pounds, and my doctor was recommending weight loss surgery. To avoid the surgery, i had to make a change. So i decided to go with golo and its changed my life. When i first started golo and taking release, my cravings, they went away. And i was so surprised. You feel that your body is working and functioning the way it should be and you feel energized. Golo has improved my life in so many ways. Im able to stand and actually make dinner. Im able to clean my house. Im able to do just simple tasks that a lot of people call simple, but when youre extremely heavy theyre not so simple. Golo is real and when you take release and follow the plan, it works. Stuart on the markets the rally holds. Democrats are shocked they are dow is up 200 and the nasdaq is losing support among the black powering up,. Community mostly among younger black people but not entirely, black males gravitating towards 09 . Donald trump. Charles payne with me this the bigger message is stop money, Consumer Prices up 3. 4 in the last 12 months. Slicing and dicing the population. What did you make of that . Charles i still think what are black voters concerned obviously wall street wants any about . The same thing all voters are concerned about, the cost of sign, came less than consensus. Living. There was an article in the new it was interesting. York times about Small Business owners who happen to be black if you take the data, retail were unhappy that Interest Rates are so high especially because those people are sales, unmitigated disaster where you see inflation, 3. 1 relying on Credit Card Debt at on gasoline stations. 25 to start businesses. The control group it goes into the gdp report was down a lot. Obama started this segregating the population into specific Empire State Manufacturing number was an unmitigated disaster. Groups they then target for votes. National association for homebuilders blade and massive had a chance to go into the now, as the black Community Report and see whats going on, becomes a middleclass community and numbers in that interesting how we root for piece show they are very rate cuts but they come at the reflective of the country wrong time, initially the overall whereas democrats treat them as poor ending are like Kathy Hochuls comment the kids market is getting hammered, in new york state didnt know what a computer was, who was bankrupt gradually and sudden. She talking about . Its always numbers are gradual that was pretty shocking not a and if this was the great slippery. It is reflective of a very outdated view. I would say the same is true number 2 unleash positive rate cuts. With the hispanic community. Stuart in your opinion the they talk in terms that reflect not at all the fact that so economy is slowing and may be many hispanics are successful, suddenly it slows a lot. Charles that is what i am middleclass americans working hard, they are not at all happy concerned about. Always look at the data in aggregate. With President Bidens border policies which are hurting them. The aggregate means 10 trillion in the bucket. Stuart thanks for joining us. How about this . There money is already shifted abc news anchor George Stephanopoulos joined the view, talking about the deep state. Over, this half of the bucket is broke. Lauren you typically think of 72 billion according to the San Francisco fed. Conspiracy theory, has a negative connotation, he says absolutely the opposite, these so broke they come back on are the most patriotic americans serving the country. Credit cards. As it moves over it can be one some people call those people the deep state. Of those gradual things. The big thing i learned is the deep state is packed with Stuart Charles and i were patriots. Talking in the last break. People who go to work every day on the front lines of the most Charles Payne, the man himself went and bought stock in game stop. I think that a gambling ship. Intense crises the country why did you buy game stop . Faces, to serve their country and presidency, not the president. They dont care about political parties. Charles a sign of respect for people in this line of work. And doing it anonymously. It is not about, the whole game stop thing stuart you mess with the big shots. Lauren he gave a lot of praise charles and the elites overall. To the deep state and i admire what they are doing. Wall street gets it wrong. Apolitical government workers. Stuart thanks very much. The fundamentals, no one is buying out of that. Check the markets please. The rally holds. You could say it is a mistake, it is a modest rally. Something you will lose money. 160 on the dow, s p is up. A lot of people watched their we talk about the market, talking about the consumer parents load up on ibm and price index, 3. 4 inflation, general electric. 25 years ago, still down. Load up on at t, still down, 25 years later. Someone had to do it but what does this mean for the others, this is their way of stock Market Going Forward . Fighting back. I learned that i didnt buy good morning. From my own research. The market is responding stuart but it is a casino. Positively to this cooler than expected report. For the viewerss sake, the charles the average 4001k this last three report we received last quarter is the same number have been surprises to the upside. This was a welcome surprise mostly hitting expectations five years ago. With just slightly cooler on the core side. As we look at things projecting the average person, and be forward, there is going to be happy with 8 . Some focus on the rates because watch every quarter. Ask any firm on wall street within quarterly training of we are seeing some inflation coming down but i am not convinced that that is the 25 , stock gets hammered. Stuart thanks very much for trend. Being here. Stuart you dont feel that the fed is losing battle against inflation . Still ahead, pam bondi on the i do believe the fed is trump trial, will trump losing the battle with testify . Inflation. Its very apparent. Yesterday we got a pti report, surprise to the upside. Molly hemingway on biden repeating in another interview ppi talks about the wholesale that inflation was at 9 . Cost or what it costs for producers to manufacture that was dead wrong. Things. Thats next month at the month Victor Davis Hanson on the following the cpi report. One of the things i like to do administration moving forward with a plan to send 1 billion is take the last three months in military aid to israel. Is that a reversal of bidens policy . The 11 00 hour is next. And project them forward. If we look at a forwardlooking number on cpi youre looking at 4. 4 for the year if the last three months are part of the future. That the sticky inflation figure. I do not think this will bode well. The fed is stuck between a rock and a hard place and they will probably be forced to cut. I dont think they will do it intentionally. Stuart forced to cut. Thats interesting. 4. 4 inflation rate Going Forward would not be good news for the stock market. Thanks for joining us. The 10 year treasury yield is 4. 38 as we speak. Next the white house was pressed on the timing of bidens new tariffs on china. Roll tape. This is an election year. Why did it take three years to oppose these tariffs . Reporter in the fourth year of the tariffs, if there is a staple that is benefiting from the tariffs that ask us to keep them we keep them. Thats what happened in 2,022. As tariffs went on in 2018. As result of that, in the fall of 2022 we started a process that has taken us to today. Stuart what is bidens strategy . President biden wants more americans and electric vehicles and wants to appear tough on china because that is what pauls show is voters want. Hes slapping tariffs on evs made in china. If you listen to that soundbite the explanation is we needed time to review the processes and come to this conclusion. What she didnt say is it took more time for the Biden Administration to review the tariffs donald trump put in place than it did for donald trump to impose the tariffs in the first place. After that review they came to the same conclusion as trump that we need to put tariffs on these products. Hes taken one out of the trump playbook. Stuart he is defending, prioritizing the domestic Auto Industry based in michigan. To keep chinese evs outlooks good for michigan. He needs all the voters he can get because we see the Arab American Community standing up to him. Stuart inflationary too. The price goes up and consumers have to pay. You are with me for the our. Looking at the movers, home depot is up today. Lauren despite customers pulling back the brokerages are not. Home depot will weather this shortterm head wind, chelsea Advisory Group saying that, there are enough green shoots to be comfortable with our guidance. Stuart son power. It is down. 29 . Here is the news. It got downgraded. Research says sell it, it is 312. The most extreme example of this resurgence. Think china tariffs. Stuart most of them have no fundamentals. Moving on. Disney, 2. 5 . Big hit. No news to support this. There is a tornado watch issued for orlando, florida, thats a side note, that is not going to stem a lot. Stuart eric adams has an idea to sell the citys lifeguard trading at schwab is now powered by ameritrade, unlocking the power of thinkorswim, the awardwinning trading platforms. Bring your trades into focus on thinkorswim desktop with robust charting and analysis tools, including over 400 technical studies. Tailor the platforms to your unique needs with nearly endless customization. And track Market Trends with uptotheminute triage, use migrants but his comments are not going over so news and insights. Trade brilliantly with schwab. When you own a Small Business every second counts. 120 seconds to add the finishing touches. 900 seconds to arrange the displays. If youre short on time for marketing constant contacts powerful tools can help. You can automate email and sms messages so customers get the right message at the right time. Save Time Marketing with constant contact. Because all it takes is 30 seconds to make someones day. Get started today at constantcontact. Com. Helping the small stand tall. Nothing is broken. We thought banks were going to well. Break, you know, we thought commercial if realits we will tell you why. President biden falsely claimed again inflation was at 9 . Determined to ignore reality. John thune deals with that next. Trading at schwab is now powered by ameritrade, unlocking the power of thinkorswim, the awardwinning trading platforms. Bring your trades into focus on thinkorswim desktop with robust charting and analysis tools, including over 400 technical studies. Tailor the platforms to your unique needs with nearly endless customization. And track Market Trends with uptotheminute news and insights. Trade brilliantly with schwab. You founded your Kayak Company because you love the ocean not spreadsheets. You need to hire. I need indeed. Indeed you do. Indeed instant match instantly delivers quality candidates matching your job description. Visit indeed. Com hire inside every splenda product is a mission. To help people live happier healthier and longer lives by making it easier to cut out sugar. From our factory to our stevia farm, splendas team of over 2000 individuals are dedicated to helping people live their best lives. Taking pride that everyday millions say i use splenda. and now sweeten drinks wherever you are with splenda zerocalorie liquid sweeteners. Try all three. Available in the baking aisle. When i was your age, we never had anything like this. Twhat . Wifi . E. Wifi that works all over the house, even the basement. The basement. So i can finally throw that party. And invite shannon barnes. Dream do come true. Xfinity gives you reliable wifi with walltowall coverage on all your devices, even when everyone is online. Maybe well even get married one day. I wonder what i will be doing . Probably still living here with mom and dad. Fast reliable speeds right where you need them. Thats walltowall wifi with xfinity. Stuart Interest Rates on the 2year treasury down, that is helping the market, dollars up 150. Consumer prices, 3. 4 in the last 12 months at the consumer level. What is the white house saying about inflation at 3. 4 . Reporter President Biden saying inflation is his number one economic priority. He will try to bring it down. What is interesting in his statement, he did not say his economic agenda is working. Cpi report in line with expectations, slightly down, showing inflation down across the board. This is one month of data where people feel the cost of higher prices. Since the month President Biden came into office, people paying 19 more while food is up 21 in that time. Rent is up 20 one since the month President Biden took office. This is what people feel. Some market experts say we are not out of the woods yet. The response was before trillion dollar fiscal monetary, the response to covid in the banking crisis this time around is 16 trillion fiscal and monetary response in four years. Reporter rent and gas led 70 of the increase, jay powell said regardless of the Inflation Numbers the Federal Reserve needs to see more. My confid