call or go online to try it for yourself and get our 3-week quickstart for just $19.95. my wife making me take relief factor literally changed my life. >> everything our government is doing it enface natural rights approach and it's laughable they inflation was going to drop like a rock.

>> can't look at safety or the government or the border or overseas. all he is is anti-trump. >> they're looking at gas and energy cost costs in the grocery ststores and they're fed up with it. >> how can rent go down with a housing shortage that's caused by high interest rates that joe biden is responsible for? stuart: don't stop me now by queen. i don't know the relevance of that particular song. lauren: it's just for you. stuart: what? l it's for you. stuart: it's 11:00 eastern and wednesday, april 10. look at markets, we're down 400 on the dow industrials and we're down 175 on the nasdaq. show me big tech. most of them are down except nvidia, which has made a turn

around. it's now up a -- meta turned around too and up above, amazon, alphabet, apple and microsoft all down. the primary reason why stocks are down so much. apart from inflation report ticking up. you've got sharply higher treasury yields. look at that. yield on 10-year treasury, 4.5%. 4.5%. that means mortgages in the future are going up. probably well above 7%. the centerpiece of biden's campaign is trump hatred and the president himself oozes content for predecessor, hatred permeates the democrat party and the media, their hatred knows no bonds and it's distorted their news coverage. listen to this from all places, an editor at endlessly liberal npr. >> trump's election and every

news room and media news room and shocked, disturbed, distraught really troubled and after awhile we started covering trump in a way that like a lot of legacy news organizations that we were trying to damage his presidency and trying anything we could to harm him stuart: did you hear that? they tried to damage his presidency. that's copping from a taxpayer supporter news outlet. the media is still at it and biden and geriatric desperation picked up the theme. he calls trump a tyrant who'd be a dictator. thanksgiving not what people talk about around the kitchen table and it's not rebuilding bridges or january 6 or biden bringing inflation down. that's a joke. or this with the false claim he's created 15 million jobs. they're really talking about what biden has done at the border. every state is a border state these days, and every american sees and feels what's going on. it's grocery store prices, which are not coming down.

they're staying at high levels and in fact moving higher statement the outrageous crime we see on the local news. it's appalling state of public education after the teacher's union, big biden pals dumb down the schools. biden has to ignore all of this because it's all on his watch and largely his fault. all he's left with is trump hatred. what does that tell you about biden's record? third hour of varney starts now. stuart: martha maccallum joining us from fox news. do you think biden's trump hatred strategy is going to work or am i going overboard on this? >> looking at battleground state polls and he's behind in all of them. he's also down with hispanic voters and black voters, which have been so core to victories for democrat

candidates. so i talked to one person that watches the numbers closely and said we've never seen a swing like this in black and hispanic voters away from the democrat toward the republican, and it's very difficult to see what other sector you can make that up in. that being said, when you talk about norms; right, you're looking at all the images that you just showed, people rampaging think stores, stealing things, crawling over the border. in all of the ways that americans find very deeply unsettling, i think about the fact that we heard so much from so many in the media about norms and trump is breaking the norms of the society and people look at images and those are the norms of society and they're collapsing around us and leaves people feeling deeply, deeply unsettled. they've also goat the best

perspective ever and one person president for almost four years and their own lived experience withs these two individuals are baked in the fake. can be very difficult to persuade juan we or another and know them very well. stuart: got it. white house and biden campaign are blaming trump for arizona's abortion ruling and in a statement vice president harris says trump is the one person responsible. martha, are the deputies running on abortion essentially? >> this is true. it's an area they should lean in on the issue. it helped them a lot in mid terms in 2022 and it is true. the long fight to overthrow roe v wade meant re-sighsly what foreman president trump said the other day and this goes back to the states and the states get to vote. in this case the arizona legislature decided to bring back to -- into existence this statute that's hundreds of years old on the arizona books and ban

abortion. now, kari lake running for senate, very tight senate race in arizona is against bringing this back. what happened in florida is they had, immemhetted this restrictive abortion policy and have a ref republican dumb in november. will they be able to do that in arizona and give voters a chance to weigh in as well is a big question. we'll see where that goes. >> they're rubbing on it. we're watching you at 3:00 this afternoon on the story. >> thank you, sir. stuart: back to the markets and we're down across the board and dortmouth up 440 points as we speak. look at this, yield on the 10-year treasury all the way up to very close to 4.5%. mark tepper with me this morning. does this report, inflation report affect your investment strike thaty? >> absolutely. look, i said this last week, you give us one more 0.4% month over

month cpi print and things will change. inflation is obviously reaccelerating right now. we've watched in the futures market an entire cut this year has been taken off the table. the chances of a june cut are down like 20%. so what you want to be doing and what we're doing is obviously focusing on companies with pricing power that are effectively managing costs and probably want to own more energy right here. the other thing is oil. once oil is $90 a barrel and seeing consumer discretionary really underperforming. >> headline data says yes and let me give you examples and you go back to the jobs data from friday and since we added over 300,000 jobs and the household survey partners in primaries a different picture and we lost 6,000 full-time jobs added 690,000 part-time jobs. that doesn't seem like a booming

economy unless everyone's super excited to be driving for uber and door dash. look, the economy, the headline data says yes, i would disagree. i think it's weaker handout we are seeing from a headline data standpoint. stuart: one point made out of today's innation report was rent. rents are going back up again but never really came back down. they're going up. i notice that had blackseen, i own stock in blackstone and they think rents are going up. >> they do. actually so the cpi, the shelter cpi component going up and rents are going up and won't be reflected in cpi for 18 months. blackstone acquired a multifamily reap for $10 billion and expecting that apartment rents are going back up and they are. invitation homes unfortunately buy as bunch of single family homes and they're certainly

societal issue withs that because people are getting priced out of single family home market. but they just bought 500 single family homes within the last week for like $140 million. so obviously the two big real estate behemoths are betting on rent accelerating. stuart: come back in, lauren. i want to know about the home builders and take it obstructing cerumen the chin. lauren: yeah, sharply lower on the prospect of higher rates. they're all down, 5% for alexandria real estate. the markets are now saying there'll be two rate cut this is year, first one is not happening in june, it's been pushed back to september conveniently right before the election and i'd be surprised if we get rate cuts. stuart: with you on that one. i presume that one of the few sectors that's doing well is the oil and energy sector. we have one winner there at least. lauren: only sector out of 11 high r today. it's energy. exxonmobil has a barrel 121 and

barclay says buy going up to $141 a share and oil prices are affected by what's going on in the middle east. israel warning iran, opec member and producer, you attack us, we attack you. it's a rhetoric hitting the gas tank. looking at price of gasoline, it's going back up. up 50% since the day biden took office. january 20th, 2021, $2.39 to fill it and today $3.62. stuart: we need the fossil fuels after all, don't we. enough of sarcasm, stu. google. lauren: most of big tech is down and future earnings hit by higher rates and had a phenomenal run and google up almost 50% this year alone. meta up $3 at $5.20 a share and unveiling new details about one of their new ai chips, the market likes that. stuart: got t thank you, lauren. cancer rates are on the rise among young people and new study says it's because of a -- partly because of accelerated aging and

dr. frank contacessa telling us more about that. a group of alderman don't just want more police in the city and want to create a new police district. we have the full story coming up. japanese prime minister at white house today and something biden has gotten right and enlisting allies against china. does congressman bryan steil agree with that? he'll tell us, he's next. ♪

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stuart: what cans an the ageneral darks edward? reporter: they're meeting in the oval office as we speak and talking about moving closer together and national security adviser jake sullivan could not say if they'll bring up support the president has for hispid speed rail using japanese technology going in texas or if the opposition to the purchase of u.s. steel is coming up and there's a stronger agreement on defense and security cooperation and likely see ago major announcement concerning space exploration and the return trip to the moon. the two world leaders plan to agree on significant research partnerships and ai quantum computing and clean energy and seeing cultural initiatives to promote closer ties with the japanese people and no mention of the growing anti alliance called bricks, breadwinner

brazil, russia, india, china, korea and uae. >> degrading on the world stage of the leadership. >> if you look at what's happened with nato, we've made nato larger than ever. look at what's happening in week and historic trilateral with the u.s., japan and philippines. >> look at u.s. role and standing in the relationships across the key regions of the word, we feel good about where we are. reporter: united states keenly interested to curtail the as best you knows in the indo pacific and it's been growing since president biden has been in office. back to you, stu. stuart: thank you. congressman, i think this is something president biden got right. would you give him some credit on this one? >> well, the president has had a weak palsy as enlisting with china and it is correct we work

with the allies to actually curtail the aggression that we're seeing from china particularly in the economic space and president trump put forward a strong trade agreement with japan and big impact on number of industries including cheese and beef, which is important in my home state of wisconsin. we need to continue to work that we're lowering tariffs and nontariff barriers in japan to make sure u.s. products are able to be successfully sold there. the more we work with allies to counter china and longer we are. stuart: don't want to give them credit do you? >> inter-interacting with the allies and it's prime minister of japan and look at him addressing congress tomorrow and big picture, can't be lost and biden continues to be weak and need to counter china. stuart: point taken. congressman, house financial services committee you sit on it and got a hot inflation report and the white house trying to spin it saying inflation is at least down from highs in

june 2022. actually it's moving up now to 3..5% a year. are you buying white house's spin. >> no, white house came out as we all remember and told us inflation was going to be temporary and traps tourist and we're finding out it's -- transitory and finding it's stubborn and sticky. from congress, we need to really be looking at the impact this is going to have on interest payments on the debt, which is dramatically spiking and causing real concern and look at overall spending if i canture in congress and continue to see the biden administration put forward policies that only increases inflation and energy policy in just this week and the president was in madison wisconsin doing yet another student loan give away, which is inflationary in nature. we've got to do the opposite and work here in congress to reduce inflation. stuart: indeed. in the immediate future, it's not going to work. interest rates are going up, inflation is rising, the debt is enormous and interest on the debt sr. growing and paying out

a trillion a year in interest and putting to you, kongman, things in immediate future are not going to get better. and maybe president biden pays a political price for that. >> he should pay a political price and near term things don't look good in front of us and federal reserve is simply reacting to bad policy being put forward here in washington. the massive spending give away and first two years of biden administration and >> there's a lack of spending before the issue and biden administration putting forward policies and in the ebbed end inflair natural rights approach in nature and should pauseful penalty and all ye need to remind voters of this fall and he'll be removed from office. stuart: democrats will never cut spending. give me 30 seconds on that. >> they don't want to cut spending and what we have seen is an ability to drive to the

national attention. we have made some success in spending less money this year than the year before. it's a small step in the right direction, but much more needs to be done to truly get the inflationary picture here in washington. >> spending more on interest payments than on defense. stuart: congressman bryan steil, thank you for joining us, sir, appreciate it always. the classic board game scrabble introducing a new version. this one is meant to appeal to gen z youngsters. in what way are they catering to the younger generation? >> well, mattel -- lauren: well, mattel is making a version called columbia together. scrabble for snow flakes if you will. it's easier and less competitive and you can play on teams and helper cards and much more simple scoring system. stuart: what?

lauren: it should be scrabble for kids not scrabble for gen z. stuart: would you play that game? >> no, desire to win is fundamental trait that makes us great people and growing the economy and you have to want to win. lauren: mattel not defending the game but mattel pes to win and their sales are down and changing the iconic game for the first time in 75 years. for gen z. >> that's terrible. lauren: gen z should protest and i'll play it. mattel is calling gen z like not competitive, weak maybe. if you're gen z accident don't buy that game. boycott it. stuart: dow down 455 points and i want to get this. do you have an opinion on this new scrabble offering and noncompetitive version of the game want send your thoughts, in and all to varneyviewers@fox.com. better check the markets and ton of red ink down 450 for dow

industrials and 750 for nasdaq and gold and early this morning it was down just a bit. it's now down. explain that to me please. gold supposed to be a hedge against inflation and we got inflation ticking up and the price of gold down $11. the 10-year treasury and 4.5% and not good for the stock market. ceo of chip maker arm, a-r-m warning that ai has insatiable need for energy and it's simply not sustainable. we have that story. a new report says weight loss drugs have been linked to over 100 deaths in america. dr. frank contacessa telling us what that's all about. 100 deaths. we'll be back. ♪ trading at schwab is now powered by ameritrade,

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stuart: mark tepper has stock picks. first is nike. >> yeah, they've had pretty weak quarters as of late. this is iconic brand and rolling out new product innovation and

summer olympics a key moment to shine the light on some of these new products and they'll be rolling out. they've been doing a great job and really learfield img deucing cost and things like that and -- reducing cost and expanding margin and 50% upside from here and it's a opportunity. stuart: that's a bounce. >> fantastic. i'll take that one. stuart: yeah. here's one you recommended before. emerson electric. >> yeah, this is one that used to be like your old school industrial play, but they've made some substantial changes and they used to take whatever cash they had and work on returning that capital to shareholders, which is good. stock buy backs and dividends and changed mo and right now they're acquiring companies that are making them an industrial automation power house. so very cool higher growth, higher margin stuff. more stability. i really like the transition they're making here. stuart: price target? >> there's 20% upside from here. stuart: we'll tyke that. thanks very much, mark.

show me the pharmaceutical company. lauren: yeah, fda denied its approval for one of their parkinson's treatments. stuart: oh, dear. lauren: it's like a pump device, it's a drug/device. it delivers the drug under your skin as opposed to injection, and the fda said again that they have quality concerns so. stuart: down goes the stock. all right, thanks, lauren. now this, cancer rates are rising in young people. a new study says accelerated aging may be to blame. joining me is dr. frank contacessa. doctor, what is accelerated aging? >> well, good morning, stuart. great to be with you. what we're finding is that young people these days are biologically aging faster than generations that came before us so we're talking about things like ox dated stress, things from the environment and this is

a multifactorial thing. this is the environment so we're surrounded by toxins these days. preservatives in foods, prepared foods. highly processed foods. this is -- this affects gastro spill system and sedentary lifestyle and people sitting behind desks and younger generations everybody works in front of a cuter and cancer rates rising in younger people and encounters things like diabetes and hypertension and things you'd normally associate with older age groups and seeing with younger people now. stuart: the solution to this is relax, exercise, and change your diet. is that it? synergy home you've got it. you hit the nail on the head there. stuart: we'll move on. i'm really interesting in this one. more than 100 deaths reportedly linked and they've been linked reportedly to weight loss drugs like ozempic. that includes a 28-year-old man that died in an intestinal mass

and pregnant woman. what kind cough complications could these drugs will causing? >> i have discussions about this drug -- almost in my -- these drugs and gop1 drugs are becoming -- they're skyrocketing in the amount of prescriptions going up. thankfully the rates of these adverse effects are pretty low, but the more you prescribe them the more people we're going to find. i've had several of these severe adverse effects and someone with irreversible gastroparesis and the moten 'tilty shuts down and cause -- motility and cause pancreatic tumors and doctors need to screen patients carefully. i don't prescribe them, i do. but the first conversation i have with someone requesting this drug, i try to talk them out of it. i try to counsel them to things you just mentioned. eat better, exercise more, live

a cleaner, healthier lifestyle, which almost always works. you have to select your patients carefully. stuart: but the trouble is that these drugs on a mass scale are relatively new, and i'm not sure that we've got long term studies of the effects. have we got those long term studies? >> some versions of these drugs have been around for a good 10 or 12 years but they really weren't used very widely and pretty expensive and used only in diabetes. they are pretty good diabetes drugs but for weight loss, we have to be really careful. the temptation is there to say give me a shot, let me take a pill and the weight falls off. but, stuart, as we all know, there's no free lunch. there's always a downside to these things and you you have to be really careful with the patients you prescribe these to. stuart: downside to limited number of people so far. is tafanely accurate?

stuart: got it. thank you, dr. frank contacessa. appreciate it always. how does the epa want to cut cancer risks? lauren: finalized a new rule and epa says this rule applies to 218 chemical plants spread across the country with more than half of them in texas or louisiana. it will require these chemical plants to cut their emissions of two carcinogenic pollutants and drastically. there's been a spike in number of cancer cases among people that live close to those plants in a certain radius, but some of the plants, particularly in louisiana, are warning they souled shutter as a result and hundreds if not thousands of jobs wiped out and they'll challenge this epa rule. stuart: okay, got it. thank you, lauren. back to the markets and big tech. i've got one winner, meta and meta platforms up $2 at 519 and amazon, alphabet, app and will microsoft all on the dun side.

the closest look at biggest losers on the dow and big winners and here in the losers boeing, intel, cisco and goldman are not big tech. they're diverse group of stocks, which are down big time as dow 30. check the two year treasury. the yield there at 4.92% up 18 basis points and a huge jump earlier by the way at 5%. mark tepper come back in. that's a problem for the market. stuart: yeah, that's a big problem. look at home builder stocks that lauren talked about earlier today. when you have interest rates going up, mortgage rates will go up. it's certainly going to present a problem for anyone that was hoping to potentially get maybe a five or 6% mortgage at some point in the near future. stuart: does it put a lid on the bull market. does it put a lid on? >> any time rates are going up, should die lute forward earnings for companies and discount rate is higher. doesn't put a lid on the market

and presents a opportunity for a selloff or correction. especially with inflation reaccelerating and, look, i mean typically in an election year, there's a 15, 16% sell off and we've seen 2% so far. i think there's more downside ahead unfortunately. stuart: mark, thank you. chicago's major looking for $70 million in new funds to pay for migrants and the city shelled out $30 m $300 million. we'll ask pastor corey brooks and more for electricity and 50% more for gas. brian brenberg breaks it downex- in. down next. ♪

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stuart: the dow jones industrial average is down nearly 500 pointings again and now 500 earlier and came back a little bit. now we're down almost 500. look at nasdaq, that's down close to 200 points. why? interest rates are rising sharply because of an up tick in inflation. look at that thanksgiving the yield on 10-year treasury, 4.50% and mortgage rates go up from here. not good for investors and not good for the economy. now this, we keep hearing this question, are you better off now than you were four years ago? when it cops to your own energy cost, the answer is no, we're not.

>> this number is discouraging and up 52% since biden took office and heading into the heavy driving season and stu, you're looking at diesel and have a lot going on in your life and diesel price is up 50% since biden took office. that's going to feed into every price in the economy because that's how you get stuff around and that's how you move heavy equipment and a problem for overall inflation.

>> spr run down and vulnerable to a crisis overseas or even at home. >> exactly with oil coming near $90 a barrel, it's awfully expin sieve to try and refill it and biden missed his chance to do that and now it's sitting there half empty and a bad time to fill it up. stuart: good break down. >> gas up 50% since biden took office. how much are they tied to biden's chances political chances in november? >> oh my gosh, that of coursely hurts the consumer and it's going to have an outsized impact on lower income and middle income consumers i would not put

it past him tapping that and trying to bring it lower and gain some favorability but without a doubt, consumers looking at the fact their paychecks aren't lasting long enough. stuart: gas prices in america are real political deal. >> without a doubt. everyone feels it. stuart: because everybody drives. that's true. thanks, mike. mark, sorry about that. despite those high power costs, this year we are going to use more electricity than ever before. break it down, please. lauren: this is electricity for heat to power cars, data centers that use ai and factories. u.s. power consumption rises this year and next year and eia cease power sales climbing for residential, commercial, and industrial customers. where does it come from? fossil fuels, coal, natural gas and renewables. using fossil fuels to power the green dream threatens the

climate goals and in a way makes you look hypocritical and that's the problem. oil prices and gas prices are so high right now because of geopoll ticks and the white house told texas and home -- geopolitics and told texas and oklahoma and more stop putting your money in the ground and bringing out oil because it's bad for the climate. stuart: chief executive of arm, a-r-m, arm, it's a company. lauren: chip designers. stuart: new warning about ai. lauren: yeah, ai has insatiable hurst for power and it's just not sustainable. so arm is working with going toll make that axion chip we spoke about yesterday. it's 60% more energy efficient. they're also linking up with japan to fund the program, $25 million, to find solutions to these power issues. while still doing the g wiz calculations to keep up. ai data centers consume a quarter of our power.

i mean, they do? stuart: it's a core of our power? lauren: 4% now and could rise quickly to 2-25% of all u.s. power. >> so a chatgpt search, ai search requires ten times more energy than google search and say that ai, by 2026, less than 2 years from today is going to consume as much power as japan. that's just -- that's where we're headed and need nuclear energy. that's the most reliable way for us to get power to all of these data centers. stuart: i wanted etf that invest in nuclear companies. i want that. check the dow 30, please. you can see there's an awful lot of selling going on. we're down 500 on the dow, i see two winners, three winners, 27 losers for the dow industrials. home depot is the biggest loser down $10. former mayor of chicago, lori

lightfoot hired to investigate the so called worst mayor in america. lori lightfoot getting paid $400 an hour to investigate. we'll take that on. that story is next. ♪

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stuart: lori lightfoot hired to investigate allegations against tiffany henyard. so called worst mayor in america. lightfoot paid $1000 an hour if this. pastor brooks joining me from chicago. what do you make of the new i canning? >> well, hi to be honest with you. accountability and results should define consul tan seizure disorders and off times we select individuals based on past titles when they haven't given us the results in their own leadership to be able to make these types of adjustments so it's not a good decision. stuart: do you want to be nasty and say that ho who lori lightft was the worst mayor in america?

>> i won't be that nasty but the voters in chicago said she was not a great mayor, and we decided to put someone else in office. i think the voters have spoken for themselves. stuart: chicago spent $300 million on migrants and mayor johnson wants the city council to improve another $70 million again for migrants. is that popular amongst chicagoans? >> no, it's not. we have to say it's a heart to be commended to try and help people. that has to be commended. $00 million has been spent and another 70 million being requested. raises concerns, fiscal responsibility concerns and i don't think that chicago is in favor of spending more money, especially when we're facing all the issues that we're facing at the moment. stuart: pastor brooks, we're both christians and believe in, certainly believe in shirty helping those that are down. what should we do with the thousands of migrants who are in

chicago now? >> chicagoans are very compassionate people. don't hold what they're dealing with and facing so many crisis at our hand and housing crisis and public safety is an issue that all of us are concerned about and we'red aing more people and we can't continue to go down the road. stuart: but we are. we're taking shelter and putting them on the streets and is that our christian duty. >> balanced compassion with fiscal responsibility and we should be compassionate and we're compassionate and want to help. we have fiscal responsibility and we want to dot right thing and that's the leadership all about and everything falls on leadership and leader haves to maybe the right decisions and

especially when taxpayer funds are at forefront of the issue. stuart: indeed, pastor corey brooks, thanks for being with us. some local lawmakers want drastic action to have south primary voters and 80% is on the referendum and asking if chicago should create a new police district. lauren: isn't that unbelievable. there's crime in the city or you call 911 that there's someone there to answer and you're doubling down and on the need for creating a district and help when you need it. stuart: on the south side of chicago. the minority area and heavy crime 6789. okay. lauren, thank you. the dow biggest losers and we always go for the big winners and here on the losers and home

depot down 2.5% and goldman sachs down and boeing 2.3% and honeywell down almost 2%. big losers on the dow. all right, it's time for the wednesday trivia question. another good one, all though kind of obscure i'd say. how many bones are in your foot? 12, 16, 20, or 26. good question. i have clue, but we'll be back with the right answer after t this.

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and social posts all in one place. so you still have time to make someone's day. start today at constantcontact.com. stuart: all right. good with question, how many bones are in the foot? 12, 16, 20, 26? by the way, before we go on with this, i am told that the distance between your risk and -- wrist and your el elbow is the same as your foot size. lauren: yeah. stuart: all right, lauren -- lauren: it's true. stuart: how many bones in your foot? [laughter] you have little feet. [laughter] lauren: i have number 4, 26 bones in my foot. stuart: 26? lauren: sure. stuart: big foot. lauren: size 7, possibly 7 and a half because of children. stuart: we've got a minute to go. tepper in. >> i'm going to go with 20. stuart: any special reason why you would go with to? -- 20?

>> i'm -- no. absolutely not. [laughter] two and each toe, right? this gets us to 10, and i think all four answers qualify. stuart: ashley is not with us today, so he couldn't go first. lauren: he gave it to me. stuart: i'm going to go with 26, lauren. i'm with you. the answer is 26, thank you very much, indeed. >> good job. stuart: well done. the foot has a total of if 3 joints, and it's -- 33 joints and separated into 3 distinct point, the hind foot, the mid foot and the fore if foot. and you've got 26 bones in all of that lot. lauren: i always put my foot in my mouth. [laughter] i do. stuart: mark, thanks for being with us. "coast to coast" starts in 5 a secs, 3 seconds, it starts -- lauren: no. ♪ ♪ how you feeling? ♪ hot, hot, hot. ♪ how you feeling? ♪ hot, hot, hot. neil: but, you know, this n'