♪ born to be wild ♪ stuart: stepping wolf. that's the name of a book, classic book.

i read it years ago. a little hazy, 89 ° today, not the 95 or 96 in the past couple days. looks good. good morning, everyone. it is 10:00 eastern. look at this. we have a little bit of green, not much dow is up 18, nasdaq up 43, s&p up 10. the 10 year treasury yield coming down a bit more, 422 right now. that may be encouraging a bit. the price of oil going up, looking at $87 a barrel, $87.14 and bitcoin hardly any movement, still 25896. not much movement at all. that the markets and now this. 10 days from now president biden comes to new york city. he ought to see the migrant mess that he has created but he probably won't. he's coming for a un summit to

raise money from the city's mega wealthy. the uber liberal billionaire class and their penthouses above the squalid streets giving money to a president who refuses to take responsibility for the border he opened. i wonder if he will meet mayor adams who went to a wealthy senator of manhattan claiming the migrant were destroying new york city. you to see blame? trump. that is laughable. he called the governor of texas a madman for putting the migrants here. that is ridiculous. where is new york senator schumer, the leader of the united states senate. we heard nothing from him except the usual blame amaga republicans for not passing copper hint of immigration reform. this is a humanitarian crisis in your own backyard and you've got nothing to say. senator hakim jeffrey use, the minority leader of the house, kiersten jell-o brand, new york's junior senator, nothing,

biden, adams, schumer, hakeem jeffries, jill brand, all democrats, none of them will address the crisis honestly. the rest of the country looks on and sees gross technocracy. there's got to be some fallout from the democrat party for this. second our of "varney and company". tammy bruce with us this morning, before we go ahead. hold on, hold -- we just received this an hour ago, new york governor kathy hochul wants a special session to deal with the migrant crisis. don't know if it will take place. where's the rest of the democrats? >> it is signs of hypocrisy, the nation is watching this, it's new york, these are the democrats. if you knew what you were going to be doing you would know it

in new york because it really is the greatest city in the world and deserve to survive so when you see democrat here, ultimately what the argument is is they don't know what to do, didn't expect this. they thought once again the democrats deciding on a plan they didn't think of the next day. the next day was they are not going to stay in el paso. everybody who comes to this country wants to come to new york even if they are coming illegal over the border. new york is famous, america is famous, great human cities. why wouldn't they want to come to these cities while they are being destroyed by the democrats, democrats thought they were going to stay in that yucky texas and arizona and surprise, they are here, they don't know what to do, don't know how to govern, what they do is stir up problems, create divisions, they thought they were going to ruin those red states, welcome to the real world and human beings whose lives are being ruined by this

kind of garbage, immigrants lives, the children, the women, the sex trafficking, drug trafficking and they are sitting here sucking their thumbs, daddy biden come help us, and when it comes to the nature of running this kind of state and a city they should know and they would know if they cared about governing but they don't. stuart: how come democrats are doubling down, very wealthy people doubling down on giving more money to president biden despite polls that show very low approval numbers and his age is a big concern? >> they live in a fantasy world. the problems we are facing are based in the fact they've lost touch with real people, the streets, the nature of people's lives. what you hear in paul after paul in every election is due these people care about people like me, democrats look at the average person as a domestic terrorist, as a white

supremacist, as dumb, as slovenly, some kind of great unwashed mass. that's what they think of the average person, not in martha's vineyard or long island or when you go to someplace named aster and you can think highly of yourself, when the system is protecting you it is money that matters to them now. they don't think elections matter because of the nature of the mass media, propaganda and media protecting them so the money goes where the power is, dismissing donald trump, don't necessarily someone on the republican the end but they should watch out for dissenters and nikki haley. underestimating the republican lineup is a mistake but they need to step up because washington is not. stuart: plenty of fire, we like that. >> really, this -- stuart: following up on your last comment, nikki haley is

making waves in the gop field. tell me about the latest matchup. lauren: the same cnn polling shows the majority of gop candidates do beat biden but nikki haley has the biggest lead, 49% haley, 43% biden, margin of error 3.5 points so considering that she really is the only one that can be biden if the election were held right now, she is charting a different course, vivek ramaswamy and ron desantis, called them trump light, she doesn't beat up on trump, she's trying to pool in suburban women, the independents, where her boss does struggle. stuart: tell the world. lauren: to discuss his plans to catch up in this race. stuart: thanks, everybody. markets, let's turn to them. a bit more green for the dow,

up 50, the nasdaq, okay, at 82 points. is apple in serious trouble. they bounce back a little bit this morning but still just about one hundred 80, one hundred 79. >> no one told me this was fired up friday so i will get fired up. this guy is not falling her apple, down 7%. is is the key, china needs apple as much as apple needs china, the national growth market is also a key to economic wage, supply chain is based in china and china is not doing well economically. this is a little bit of back and forth. if you look at the numbers we are talking 500,000 in 1/4 that sells 45 million so we are talking more than 40% with a dent in demand so this is a unique opportunity.

anyone who bet against apple has lost. stuart: all of big tech has taken a beating across the board. is time for some dip buying? >> i would say it is going to continue. in the first phase of throwing a temper tantrum, september is traditionally the worst month of the year for stocks, you will see lower prices from here, we talked about names like meta racing up the news feed valuations. stuart: should i sell my microsoft? >> i don't know your personal investment situation, i would not sell microsoft. stuart: meta this morning. >> i wouldn't touch meta. they put profits over principles, valuing people's privacy, fundamentally a cheap stock going back about a year, now it has run up 150% mostly

on profit growth. stuart: more from you later. let's move with the movers and start with block which is down 4%. lauren: squares were hit by widespread outages so the food trucks, coffee shops have to tell customers you've got to pay in cash so that's a problem and they are working on it. stuart: you are paying cash? >> you always have cash, i see him take it out. stuart: no you do not. we are new york city. i don't want to know. boeing, i think they are down this morning. lauren: they had a quality issue with spirit air systems that was making the 737, the popular plane, update on that from both companies, 737 shipments will be at the lower

end of guidance. stuart: valero. >> with going on with the president and the moratorium in alaska. paper chandler has come out with a price target on valero to 168 but no word that any of these companies are producing more. stuart: there is something in the news that i don't understand. what is this about personal emails that are used to train aai? >> when you think a i think data. the more data you have the better and stronger your ai system because you have to train it with data. look at all the companies. when you're writing an email on gmail, it's using ai, looking at your speech patterns and has this ai writing coach that can help you write because it knows how you type and how other people type and what they said. they even updated their privacy

policy to tell you that. your data is training ai everywhere you look. you spoke about meta not caring about privacy, instagram uses your posts and pictures to train its ai. everywhere we go we are being spied on and we have accepted it. remember zoom? they were abusing your videoconferences to train their ai system? people were mad about that. they got a lot of flak and changed their conditions but for google and meta we just dismiss it and say fine, they are doing it anyway. it is true. stuart: got to live with some things. now this. if you are a remote or hybrid worker your employer could be watching you. here we go again. your privacy. nearly all major companies using software to track their employees. details on that. california governor gavin newsom taking the border crisis into his own hands increasing the number of national guard troops at the border.

why doesn't he tell biden to close the border? new york schools overrun with migrants, students now being forced to move to other buildings. new york congressman claudia tenney knows all about the migrant crisis from upstate. we will be back. from big cities, to small towns, and on main streets across the us, you'll find pnc bank. helping businesses both large and small, communities and the people who live and work there grow and thrive. we're proud to call these places home too. they're where we put down roots, and where together, we work to help move everyone's financial goals forward. pnc bank. ♪ meet the chevy zr2 family. they'll never let you down. with features like dssv dampers,

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when i first learned about my dupuytren's contracture, my physician referred me to a hand specialist. and i'm glad he did, because when i took the tabletop test, i couldn't lay my hand flat anymore. the first hand specialist i saw only offered surgery. so, i went to a second hand specialist who also offered nonsurgical options - which felt more right for me. so, what i'd say to other people with dupuytren's contracture is this: don't wait —find a hand specialist trained in nonsurgical options, today. i found mine at findahandspecialist.com. the one in the markets this morning the nasdaq is up, the dow is up 50 in the s&p up 60. a little bit of green on friday morning. self-proclaimed sanctuary cities struggling to deal with the influx of migrant. the white house might be trying to do something about it.

is the administration's trying to stop texas from sending migrants to other states? is that what they are doing? >> seems like it. the los angeles times is reporting the administration is working on a remain in texas plan to keep immigrants in that state who are looking for a court date to come to the united states illegally. the policies, in response to desperatelys from blue city mayors because migrants are being shipped there. new york city mayor eric adams says this is a national crisis and blames texas governor greg abbott. >> all of us are going to be impacted by this. the city that had 15,000, i am telling you now, 102,000. the city we knew, we are about to lose. >> reporter: here's the rub, the texas governor says he lost 35,000 migrants to cities across the nation, only 13,300

went to new york city. that means the biden administration sent 88% of the migrant new york city is dealing with. according to the los angeles times, all the 6500 migrants being encountered per day would stay near the border cities where they illegally crossed. the majority is in texas but would not confirm that includes the battleground state of arizona, the part of homeland security spokesperson only saying biden/harris administer a should is committed to expanding safe and orderly pathways for migrants to lawfully enter the united states while imposing consequences to those who fail to use those pathways. president biden has not changed any border policies related to what happening at the border but has added resources that basically process those illegal immigrants into the us faster. stuart: keep them in the red states, don't bring them here. i will control myself.

claudia tenney is a republican from upstate new york and dying to hear what she has to say. doesn't that take nerve? suggest they come across the border to texas, they've got to stay there, can't come to us. that's nerve. >> let me tell you something. it answers a question i had. i suspected the federal government was sending most of these migrants to upstate new york and mayor adams was blaming governor abbott and all this stuff but mayorkas never answered my letter but we know those night flights of migrants into westchester that were discovered were coming from the federal government and when i was at the border in el paso the airport was filled with migrants getting ready to be shipped by plane everywhere but now we are paying the consequences of that as new yorkers and new york taxpayers, the most beleaguered, highest taxed citizens in the united states.

stuart: we know the problem of new york city with the schools, 19,000 migrant children showed up the first day yesterday and some were turned away. what is it like in upstate new york where you had the same problem? >> we had a bunch of migrants, kathy hochul claims we are vetting these migrants, we know who they are, this is all just fine and dandy. at the northern border, guess what happened when the kids wanted to come back to school to college, kathy hochul had filled these college dorms with migrants and they said we are comfortable here and don't want to leave so we had to engage in a process of evicting them and a case of sex abuse, rape, charged with rape in upstate new york and secretary mayorkas's. are checked into college up here, she's going to a private college, didn't go to one of the sunni campuses where taxpayers pay and an illegal immigrant charged with murder in upstate new york and kathy hochul called on to resign by the county executive.

all this is happening and we don't have the resources, we are asked to put out morning and more taxes and mayor adams has no solution, they don't want to remain in mexico or title 42 or build the wall, they want to take more money and make us pay for more and that brings you the more money you put in the more you get. stuart: what is the political fallout in your constituency? the voters in your constituency, are they really angry about this? >> this is the number one issue, our phones are ringing off the hook with my district which is all across the buffalo sector of the northern border where we have problems there now. kathy hochul issues legal new york drivers licenses to any of these migrants who come across the canadian border by the cartels because there is no visa requirement from mexico to canada. they can go anywhere. these are human traffickers, drug traffickers, local

sheriff's picking them up, no place to put them, can't afford to house them. this is a problem caused by the democrats, they don't want a solution, they want to blame everyone else. donald trump did sell this problem. president biden reversed it his first day in office with executive orders and now we have a disaster in eroding our wealth as a nation, as a stay, taking taxpayer money and wasting it on people who aren't contribute in. i would love to see these people come to work but that's not what is happening. stuart: a great pleasure to have you on the show. thank you very much. california governor newsom sending more national guard troops to the border. lauren: he is sending them to be at four ports to stop the flow of fentanyl. that will help a border patrol and help with narcotics searches. newsom knows his political future hangs on the city of san

francisco. now you see him thinking about running for office, lots of rumors he's going to replace biden if biden steps aside. san francisco has become a drug town with homeless and that is what california is beginning to symbolize. he is distancing himself from that image. stuart: newsom says he will stop fentanyl, not illegal migrants, fentanyl. look, you've got experience. >> i hate to see politicians being opportunists but in this case i'm stuck in the second stage of grief, anger, i lost a brother to fentanyl, lost a cousin last year and i am one of a hundred thousand families that have lost 100,000 families that have lost family members to this crisis. we wanted -- politicians want to address it from the symptoms, provide free drugs, free and i overdose drugs, save needles. why don't you address the source of the problem?

newsom is going to the source, the border, where but fentanyl is coming from and it is appalling what we are doing on the humanitarian level, the youth of this nation by not stopping what we know is coming from china through the border, the southern border. lauren: you know who the drug dealers are, you need to arrest them and not worry if they are going to be deported to their home country because of that arrest. that's another issue. stuart: retail theft out of control. the walmart insured adding a police substation to the store. we will tell you about that. a wall street journal economist, a wall street economist says the housing market because of baby boomers. am i really to blame, mitch rishel. lauren: he's a boomer too. stuart: i will ask.

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stuart: not about friday for investors, the dow is up 105, and being slightly higher since the, lauren is back with us. a brilliant company -- >> the senate committee is holding a hearing on artificial intelligence, of microsoft's president, brad smith, congress is working on legislation to mitigate the dangers of ai. there are several meetings, this is not the one that shows up. stuart: don't care about that one. lauren: sharp decline, day number 2. a company called grizzly research has report out, talking about the new apps everyone is using it, spyware on it, it intends to are

already is selling your data to sustain the chinese business model. a lot of us knew that. this is another one, if you're getting sucked in by the new apps and there are great prices, be careful of the information you're giving away. stuart: will name is gilead science. lauren: bank of america upgraded them, they are at a by and the price target is 95, and the company is underappreciated. stuart: you need a good drug pipeline. a new report highlights how bad the housing market is in the san francisco. ashley, why don't you tell us. ashley: it is bad. homeowners looking to get out of san francisco are four times, to take a loss. that is according to redfin who

estimates homeowners in the city can expect to sell their property for $100,000 less, ending july 31, 12.3%, the home sold in the bay area. it is less than the sale of audit 4, an increase from the same period a year ago, higher than any other major us metro area and a staggering four times the national rate of 3%. redfin says one of the main reasons, mass layoffs in the tech sector and rising crime, they shut down or get out of town. blue one i bought my first house in san francisco in the late 1970s, $60,000, 2 million.

and >> an economist at berkeley says baby boomers is delayed for housing prices going higher, and 1948-nineteen sixty three, your boomer. why that are fall? >> here's what is in that report. they are blaming the demand from boomers as the problem. boomers have resources, going out and buying homes but we are putting more demand and supply constrained market. and the problem is supply. boomers actually want to buy homes is great for the economy. and the problem is there isn't enough supply. lauren: your buying homes, their children can't afford to.

and -- stuart: address your statement to mitch rishel. or a home they can live in. >> that may be the case but my kids will decide when they want to purchase a home, purchase in florida for a variety of reasons, they are not going to purchase in northern suburbs. they are not crazy. it has been a supply story and remains a supply story and the only way to fix the problem is build incentives for builders to create more supply. it is that simple. go back to the reagan administration and solve the economic problem. stuart: regional bank facing this doom loop because of the inclusion of real estate. >> the office subsector and commercial real estate is in trouble. the office sectors, 15% of commercial real estate. think of what regional banks have on their balance sheets

the biggest thing is apartments, multi family real estate. one of the other things they went on recently is industrial real estate, warehouses because business clients have warehouses. that is doing great. calling a end, waiving the caution flag at the regional banks because of commercial real estate exposure is a false alarm. they have exposure but it is not as far reaching as some suspect. stuart: a fellow baby boomer, mitch rishel. the youngster is with us. you look at these things from a market perspective. i banks too exposed? >> by segment commercial real estate is weak in the office space, only 20% regional banks portfolio. individual investment analysis.

and commercial real estate exposure, increasing regulations, higher interest rates for regional banks, this is a false alarm and it is too dramatically. stuart: walmart in georgia have a police substation, explain please. ashley: officer rollcall, the supercenter store was temporarily closed hoping to reopen next year, the police department substation right inside the walmart. in 2024, the changes being considered a designated workspace for local police

officers. walmart trying to downplay this says there is no simple reason behind the decision. that's not new to its stores. but it comes at a time major retailers pleading for help is organized retail crime continues to threaten company profits, the safety of guests and employees at the national retail federation estimates these losses totaled $100 billion. the substation may not be that far. stuart: a new offer to the united auto workers union, the union leadership to down. the labor talks as a strike looms. automakers collecting a lot of data on drivers and passengers, that includes tracking folks inside their shires. jeff flock has that story next. ♪

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stuart: general motors extended an offer to united auto workers. the union wasted no time responding, did they? >> they called it rubbish basically, general motors is offering union workers, 10% rage increase during a 4-year contract plus two more payments, the auto maker proposing a $6000 inflation rate, $5000 more lump sums to protect against inflation and $5000 ratification vote, not bad. sean fain says it's not good enough and went on to say, quote, gm has come to the table with an insulting proposal that

doesn't come close to an a couple agreement for america's workers, gm either doesn't care or isn't listening when we say we need economic justice at gm by 1159 p.m. 9:00 pm on september 14th the clock is ticking, stop wasting our members's time. the current contract for all three as you could tell from that, runs out next thursday, sipped over 13. meantime this contract standoff is giving plenty of ammunition to the trump campaign are blaming president biden's green policy for putting jobs in jeopardy, they say president biden's electric vehicle mandate will murder the auto industry and especially in michigan and the midwest, no such thing as a fair transition to the destruction of workers livelihoods, and statement does go on to say the only

acceptable policy for uaw members should be the complete and total repeal, and and stuart: you would say that. will we see a strike? >> i think that's where it is headed. 56% increase in wages, not good enough or new employees, don't know what is. a 56% increase in wages. i said this last time i was on the troublesome stat for the fed because now will lead to more inflation. the ev issue, dirty little secret when it comes to ev, this mandate i agree with donald trump on this, a bad policy to be extremist and say we have to go to all evs, we can't, we don't have the resources, the dirty little secret is they are not actually that much greener than internal combustion engines if we take into account the parts that need to be made to go to the electric vehicle and emissions

tied to that, those emissions will go from 18% to 60%. the supply-chain of the electric vehicle market is really dirty but no one that wants you to purchase a hybrid electric vehicle will admit to that. stuart: good perspective and thanks very much indeed. your car could become personal information, jeff flock has that story. you are with us, not kind of information has been recorded in the car? >> putting much everything you could possibly think of. you have microphones in there, inside and outside the car, with the foundation, found privacy policies enabled them to pretty much record everything. look at this. and vw for example, they say they can record your voice as you are driving so they can target ads to you. kia says it can collect information about your sex life.

subaru says anyone who gets in the car has to agree to these policies and they do so by implied consent and tesla is the worst of them all. nissan, for example, new survey says is one of the worst offenders they say they can collect information on sexual activity your orientation, your health data, genetic information and precise geolocation. we reached out to nissan and they told fox business when we do collect or share personal data, with applicable laws with transparency. nissan does not knowingly disclose information on sexual activity or orientation. he talked to the folks at ford. they comply with federal law and don't necessarily collect that stuff. the leader of the study says how come is in the policy?

just because you are not doing them now doesn't mean you can't do it as you go forward. take a listen. >> very personal, the places we have personal conversations or after something devastating happens. something so invaded with cameras, data collection really stinks, right? >> the 2003, ford pickup truck i had which i have to use a crank, looking a lot more attractive. stuart: says my delta 1972 first car in america. that was a beauty. that is what we used to call it. david wise plans to indict hunter biden by the end of the month.

lucas tomlinson fills us in on that next. ♪

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my physician referred me to a hand specialist. and i'm glad he did, because when i took the tabletop test, i couldn't lay my hand flat anymore. the first hand specialist i saw only offered surgery. so, i went to a second hand specialist who also offered nonsurgical options - which felt more right for me. so, what i'd say to other people with dupuytren's contracture is this: don't wait —find a hand specialist trained in nonsurgical options, today. i found mine at findahandspecialist.com.

stuart: special counsel david reese plans to indict the president's son after the sweetheart plea deal collapsed. what do we know hunter is going to be charged with? >> not exactly but officials say they would be happy to accept the plea deal that fell apart in july. according to the new court filing this new indictment on the gun charge could come 3 weeks at the earliest. they believe the gun charges one part of the hunter biden saga. >> that the tip of the iceberg. let's wait to see what the house investigation committees discover on this bribery accusation. the gun issue is very small took compared to what is at stake. >> democratic senator chris

coons says the focus should be on donald trump. the current president has done nothing wrong. >> hunter biden is not on the ballot, donald trump is. he has been indicted dozens of times, there's no evidence suggesting president biden is implicated in what may be the indictment around taxpayers. >> reporter: majority of americans disagree. a new cnn poll shows 61% of americans think president biden as vice president was involved in his son's business dealings, david wise is accused of dragging his feet, he has had five years to investigate this. jonathan turley says hunter biden could argue the law of the gun charge is unconstitutional, the problem, president biden supports that. stuart: thank you. a former trial attorney for the justice department joins me now. why just gun charges and not

tax charts is because tax charges would open the pandora's box. >> absolutely right. tax charges are in play. it is pure evidence of corruption, a slamdunk case, he was not addicted to drugs and obviously was. this is an easy case at doj covering up the biden family and the question is we should not be distracted by what is going on. this is a cover-up at the highest level by doj, the tax charges, the irs whistleblowers are the heroes of this story, there was political interference at the highest levels from doj, they could not go far enough to get to the president, you can't go and get a warrant in the president's house to get documents relevant to the case because they were stored at the president's home. they were denied because they were covering for the

president. we should not be distracted. they are in damage control, bringing gun charges forward to look like they are doing something but compared to the corruption of influence peddling. stuart: is it possible at some point in the future tax charges will be levied? >> we hope so. that's the story. the 2014-15 tax returns are out of player. of play. doj let those lapse. they have been dragging it to make it go away and this is a corruption of the doj to cover up corruption of hunter biden because it could lead to the president of the united states. stuart: we know that $20 million came to the biden family by dubious sources. do we know if any tax was paid on $20 million? >> haven't seen the tax returns. we know the irs whistleblowers said they were hamstrung and it interfered with.

and one described himself as a gay democrat. he does not have any dog in this fight other than law but facts and law take to the president. he was listed as the big guy with foreign entities. hunter biden traded on the family name. the big guy, president biden, was on phone calls with corrupt business entities abroad and that is a allow to be pursued, none of the sweetheart deals make it all go away. we when you have given us some clarity. come back soon. i want to say thank you to you for sticking it out for an entire hour. still ahead, republican presidential candidate tim scott, beating biden by two points. grammy award-winning producer

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