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are young because he's hem hemorrhaging the youth. no more, no less. all should be overturned by the supreme court. >> all these people on the sidelines feel like they're going to miss out so it's ai and they run back for the index down nearly 3%. they think they got a bargain. >> 278,000 times u.s. persons were searched in a fashion not consist with the rules the fbi put on themselves. do the tried and true method, get a warrant. >> you go baby sit and sort all the migrants here illegally and i'll secure the border. >> joe biden needs this issue. his approval ratings are completely under water and upside down on all the key i ssues that americans care a bout. ♪ stuart: toby feet. love that voice. even more deserted sixth. haven't seen that in a long,

long time. friday morning, he'll be this. this is the heart of midtown manhattan. lauren: maybe i'll get home quickly today. stuart: there's one upside to this. sports fans, 11:00 eastern time, friday, april 12. on the market, a lot of red ink. dow down 370 and nasdaq 224 and s&p 55 points down. service connected percent losing all around. big tech, there's no winner. yes, apple up 129 and rest on the downside. alphabet, amazon, microsoft, meta all down. 4.5% and the yield is down but that's not helping big tech. now this, the first of three presidential rebates is s cheduled for monday, s eptember 16. will president biden be there? he's not saying. but trump says this -- >> you can see we have an empty podium right here to my right.

you know what that is, that's for joe biden, i'm trying to get him to debate. calling on crooked joe to debate any time, any place. stuart: that's from president trump. he wants to get on with it. by september 16th. people will have started voting. so, will biden be there? >> [ indiscernible ]. >> he's got nothing else to do. stuart: i'm sorry, folks. hold on a minute. do you think president biden as he appeared in that video, you think he's capable of debating donald trump for 90 minutes three times? if he does debate, this huge risk, candidates are not allowd "prepared notes of any kind of

prompting device". for biden, that's a problem. he's always reading from his notes or prompter, without them, he's lost. he'll have to think quickly and trump will come at him every which way, biden is not a fast thinker has to appear robust, because trump always does. can't lose his train of thoughts or slow his words and has to get his facts straight. his handlers will move heaven and earth to avoid this. i doubt they advise him to day debate. biden won't debate because he won't be the candidate i feel. the democrats know he's not physically or mentally capable of being the president for another four years. and they know a president kamala harris is not acceptable to vast majority of voters. i think they'll replace him at the convention with california governor gavin newsom. to cob continue this debate, bring in california guy steve hilton. steve, welcome back to the program. first of all, if he is still the

candidate in september, will he show for the first debate? >> well, everything you said is correct and something tells me he might and the clue is in the state of the union. you're correct to say that biden cannot perform without the notes and all the rest. he simply can't. we see that every single day. the decrepit stumbling and mumbling biden that can't speak or string a sentence together and that's a very different biden from the one we saw at state of the union and we have to ask real questions and this is not some joke joking around point. what did they give him? so that he could perform to that level? it's a completely different person. everyone can see that. now, if whatever it is they give him, they give him in advance of

a debate, then maybe he can perform even for that 90 m inutes, but the public deserves a right to know whether or not it's true that the president of the united states can only perform many public if he's d rugged. stuart: juiced up on something and look at that. california governor newsom, he's ordering state workers to return to the office starting in june. now for four years. thousands of workers will need to report for in person work at least two days a week. that's the story. steve, why are they still out? that's my question. >> i mean, this whole story is absolutely insane. it's just such a great example of the craziness that we have in california. so four years into it, they're finally saying, yeah, you know what, maybe you'd like to come back to the office two days a week. this is the gentlest possible version of return to work. but guess what, the unions and government unions are s aying: nope, we're not having

any of it. there's a direct quote from one of the union leaders, this is a direct quote. obviously we're not happy with it. obviously. i mean, of course how crazy the idea that you'd have to go to work. going into the office two daysa week. how rude. stuart: i want to talk to you about this new bill that they're pushing, state lawmakers. it would give workers the right to ignore calls and messages from their boss after working hours. we've talk about this a lot. steve, you don't even have a smart phone. where do you come in from this one? >> using the same word from the union ledder two days a week. obviously this is ridiculous. what are you talking about. of course it's true we want w orkers to be treated with respect by their bosses. of course we want people not to

be harassed every minute of every gay and we're in an era of flexible work and the most important point is look at all the other things going on in california when it comes to businesses. question have the worst business climate in america. okay. we have the highest unemployment in american. the lowest job growth, the l owest income growth. it is all a disaster economically and this is what they're focused on. micromanaging how employers communicate with their e mployees. it is absolutely ridiculous. >> supposing you're an up and comer. you're a go getter. you don't mind take ing a known call at 8:00 at night if it enhances your career. why not encourage that person? >> exactly. i got a start up a few years ago and it's all hands on deck and that's how great companies are built. restaurant business and b usinesses with odd hours. the whole thing sin sane and just another example of the mentality of the far left

democrats that have never been near the private sector in their lives and think these kind of blanket rules are perfectly normal and for most people on planet earth they see it and it is insane. stuart: get a smart phone and move to florida. see you real soon, steve. back to the markets, lot of action today. on wall street, look, the dow down 370 and nasdaq 227. by the way, i want to bring in jonathan hoenig with us and he's our guest. jp morgan reported that jamie dimon warns of head winds and they could all hurt the strong economy. what say you, jonathan? we've been warning about the danger of inflation heating up for months and today the stock market is down and gold soaring again, new all time high and

energy, silver, natural gas. all that at 52-week highs and my customers are feeling the inflation and average american spending about $1100 more a month on same goods and services they bought just three years ago. most people don't have an extra $13,000 lying around, stuart. i'm following jamie dimon's advice and trying tobias sets and investments that appreciate as inflation heats up. stuart: i need a drum roll and we're coming up to your exotic investment of the week. pfix, that's something to do with housing. pfix. am i right? >> it's interest rates and jamie dimon thinks interest rates can go to 8%. we're talking about a gain of about 70% in terms of where interest rates are right now, stuart. they're barely even 5%. i'm buying pfix. this one goes up when interest rates goes up. it was up 60% back in 2022. you remember that's when

interest rates rates soared and interest rate expectations for cuts reigned in this week. if interest rates go up, this will do quite well. stuart: pfix, buy it if you think interest rates are going occupy. jonathan hoenig, thank you very much. see you again real soon. have a good weekend. lauren's back looking at movers including especially a b lackrock. lauren: they reversed course and was higher after reporting a record $10.5 trillion in assets under management, but their inflows are slowing and falling because slimes are sitting on the sidelines and i wanted to say ceo larry fink says inflation is not getting back to 2% any time soon. stock down 1.3%. stuart: progressive. that's as an insurance company. lauren: stronger profit and thanks to digger demand for policies and they're expensive and strong job market meaning higher wages is fueling renewed spending particularly on auto insurance. that's one of the four b usinesses. stuart: next case is target. lauren: they're going to start employing ai at self-checkout to

year to cut down on the number of people that steal things. it's called true scan, and it will beep, buzz and flash when an item is scanned incorrectly or not scanned and then it can identify the person that stole it. okay. i do self-checkout all the sometime. the thing is always beeping, buzzing and telling me i did something wrong. how good can this ai really be. i'm not stealing anything. it's just not working. stuart: there you go. thanks, lauren. coming up, monday is tax day. despite biden's claim, the irs would target wealthier individuals, the majority of audits targeted people making less than 200,000 a year. a full report on that for you. there's a new anti-budgeted app created by gen z youngster hawaii does that mean and why would they want an a nti-budgeting tool? we'll try to explain. university of texas removed all the dei officers from the s chool. it's basically backlash from this. from some of the students. wesley hunt is a congressman

from texas. what does he make of eliminating dei positions and the c ongressman is next.

pstuart: donald trump and house speaker mike johnson unveil a new election integrity bill this afternoon. it's all about preventing non-st.s from voting. noncitizens from voting. aishah hasnie in palm beach, florida, for us. it's already illegal nor foreign citizens to vote, isn't it? hawkeyes the point of the bill? reporter: -- what's the point of the bill? reporter: hey, good afternoon, stuart. a couple of things. if you want to win big in november and win the presidency

and take back the house and you want to take back the senate, you've got to get voters to come out. rnc especially and republicans out this, they want to woe back the suspicious conservative voters in the ballot box in november and make them more confident. this could also be a way to dare democrats to vote against an election integrity bill if it does come up for a vote on the house floor and that might happen. the bigger story line happening in the background, stuart, is the fact that trump is trying to be in lock step with the republicans on the hill and influencing them them and weign on a number of issuings and even sometimes undermining speaker johnson and making frustrated members. for speaker johnson, this will be a big deal standing next to president trump, it'll be a political lifeline for him as

congresswoman marjorie taylor marjorie taylor green is hanging that motion to vacate over his head. johnson is expected to get a big win today. in a few minutes watching the house floor, they'll try to pass the pfizer renewable, largely in part if it happens and do and there's the speaker and talking to president trump about that motion to vacate down to palm beach. are you planning on speaking with president trump about this today? >> i don't ever comment on my private conversations with trump but i'm looking forward to it. reporter: that ukraine aid is coming up next week as well and the biden campaign is responding to today's event and statements from former6 committee and donald trump and mike johnson don't care about election integrity and care only about

helping trump's campaign of revenge and retribution to regain power at all costs so it's democrats paying attention and starting later this afternoon. stuart. stuart: aishah, thank you very much. greg abbott is the governor of texas and deploying air bots to help national guard troops secure the border. the guy's pulling out all the stops. congressman wesley hunt is here. congressman, you're from texas and i want you to give us the state of play on the texas border right now. >> it's a disaster and entirely joe biden's fault. hr2 would have made us finish the border wall and catch and release and restore remain in mexico and trump policies that kept us safer and allow the federal government to do our job. under president trump, we had the safest border wall we've seen in decades and so now we're

leaving this to greg abbott, who by the way was doing a pretty good job keeping our citizens safe. to end the policies that president trump set the motion a few years prior to to make our country safer to and now it's up to texans and taxpayer here in texas to keep us safe. it's wrong. joe biden is trying to blame us, the house of representatives for not doing our job when we pass h r2 almost a year ago and trump surely did not take up the bill. know why? because it would have worked and we know that the democrat strategy now is to have asylum for the people and vote in our elections in the future. we will not have that here in texas. i applaud governor abbott for the actions and fight to keep the citizens safe in the main tame of the border. stuart: staff removing d

iversity, equity and inclusion staffers. the school was complying with a new dea ban in texas. kongman, do you support getting rid of d ei programs in schools? i might add that the american association of university of professors says the cruelty, the cruelty of this move is s tunning. don't care for that. go ahead and make your comment. >> we all served our country in cam bot, all three before dei was even cool and this country is a meritocracy. i don't want to roll the clock back to 1940s and 50s and i want to continue to grow on the progress that we have seen. rise of anti-semitism and rise on the attack and i want to get back to what it means to be an american. what it means to be a

meritocracy and the way we have a better union is making sure we all have fair shot getting into college regardless of what you look like. i applaud the university of texas for doing this, and i would hope to think many of the universities across the country will follow suit with this and have a more better union. stuart: like to see it rolled back in the corporations as w ell. dei is taken root in corporate america and got to roll it back. think that'll happen? >> the canary in the coal mine watching the liberal u niversities roll it back and seeing corporations that we don't care what your race, religion, creed or orientation is and our job is to make money and business. meritocracy. stuart: what's wrong with meritocracy the way it ought to be. wesley hunt, always a pleasure. come ask see us again soon. appreciate it. >> thank you for having me. god bless you and thank you, stuart. stuart: god bless you.

harper lanes regard just added a new requirement on the application for new students. ashley, what are they asking f or? ashley: a new old requirement. they are re-instating the standardized testing requirement in admissions and beginning with the class of 202 #. the college like other schools across the country dropped sat testing requirement in 2020 because of the covid pandemic. the school says the decision to reinforce testing after a gap of nearly four years based on a number of factors and ultimately concluded that standardized t ests are a means for all students to provide information predictive of success in college and beyond. harvard says standardized test scores are one aspect of the application and the admin committee carefully considers each application as a whole before making a decision. the sats are coming back, s tuart. stuart: all right, back to the future. thanks, ashley. good stuff.

okay. coming up,? in chicago, more my going towards the migrants. has the mayor prioritized newcomers over actual citizens? i think he has and we'll take it on. california's $20 minimum wage is in effect and has some fast food franchise owners looking to raise prices, cut hours for employees. mcdonalds franchisee from california will join us next.

stuart: trump media below $30 a share. lauren: yerkes and now hovering above $30. it's donald trump's truth social and cut in half since the first day of trading a few weeks ago march 26. look, we know the fundamentals and financials they're losing money and just 5 million visits in the month of february.

stuart: lowe's home improvement. lauren: yeah, and home depot is down. nearly 40% of renters don't think they'll ever be able to own a home because of rates and price of a home. they can't afford it. that was 27% last year. this is inflation. you're sewing it and redfin said first time home buyers earn about $76,000 a year to own a starter home. that's nearly doubled since 2019. stuart: that hurts, it does. lauren, thanks. monday is tax day and majority of audits targeted people mess less than $200,000. >> 63%, 63%. remember the promise accident right? so much for that after saying repeatedly that middle class americans wouldn't be targeted by increase tax enforcement efforts and president biden's i rs is doing just that, listen.

>> tax inspector general found those making less than $250,000 are seeing higher audit rates by the irs in the past year or so and comes at a time when the irs had promised to congress and the american public that audit rates for every day folks would not be rising above historical levels. >> irs in april 2023 strategic plan pledged its audits could argument those earning $400,000 or more double but the treasury inspector general finding 64% of new audit targets earn 200,000 or less. the fellow you heard from says it's easier to get money out of the middle class because they're less likely to use expensive accountants and attorneys and the wealthy people, they defend themselves really well. all of this coming as largest proportion of registered voters ever according to fox polls say they're paying too much in t axes. some 64%. that's up 9% from 2019 and # 13

since the question was asked in 2004. there's one change you may notice this year, refunds are up 6% and average $3100 changed to reflect inflakes. what will they use those refounds for? a new poll from lending tree showing 40% of americans, lauren: sign of the types. stuart: right. thank you, gerri. some fast food restaurants in california forced to get creative to force the new s tate's $20 minimum wage and one franchisee considering higher menu prices and higher hires. he joins me now. scott, you've got 18 mcdonalds in california. 18 of them. what's the price of a big mac now and what do you think you'll have to make it when the $20

kicks in fully? >> well, the $20 has kicked in fully, stuart. good morning. happy friday. the last 12 days since this unprecedented law impacted franchises in california has literally been ruined. frankly feels like an eternity. i realize that my customer's appetite for a higher price is not unlimited. when i take price to margin pressure, has to be down t houghtfully and with a plan. charging $10 for an egg mcmuffin or $20 for a big mac for me is a nonstarter. stuart: is that what the price would have to go up touchdown pass reflect $20 an hour for your counter hands? >> well, certainly price is a lever than independent business owner like myself can look at to reliever this in california. i have to grow revenue and reduce cost of my pnl to s urvive. this is my family's 50th year in

the mcdonalds business, and i plan on fighting and surviving for another 50 years and it'll be a combination of price, a combination of looking at catapulteddal expenditures and be -- capital expenditures and being judicious and trying to grow the market share. stuart: will you have to lay people off? >> there's a lot of discussion on that subject on restaurants closing, restaurants laying people off. that's the very last thing i'm looking at. i have 800 people, 80 human beings that run my -- 800 human beings that run my restaurants and that's the last lever. to me it's about looking -- stuart: can you bring technology in to preplace $20 an hour h umans? >> we have invested in technology in the world of mcdonalds since 2017. if you walk into a mcdonalds today, there's customer kiosks and you can order food and have it delivered at home by uber e ats and door dash. we've been on a path of technology to reallocate aboar within the restaurants for --

labor in the restaurants for the last six or sevenner years and not about replacing people in the restaurants but putting them in other places because our business is expanded and grown and human beings make hamburgers and run the drive through drivd there's no way to replace them inside the business. stuart: have you thought of leaving california? >> the thought crossed my mind a few times but the focus is survival. my third generation daughter just joined the business. the question i have to ask her is whether she believes her next 50 years should be in a place like california and grinding it out or is operating a franchise elsewhere something that would be smarter for her to do. stuart: come on over to naples, florida and see us over there. you might like it. okay. thank you so much for joining u s, scott. good stuff today and best of luck with that $20 an hour minimum wage.

scott roderick. thank you. i don't understand this but there's a new anti-budgeting app for gen z youngsters. ashley, you're chuckling. what does an anti-budgeting app do? ashley: well, the app appropriately is called oops. as you say, it's aimed at gen z ers and teaches them about new ways to better save money without budgeting. users can track their spending by linking bank accounts to the app and every week you get a weekly recap and review spending and press the oops button to mitigate that and even compare your purchases with others with the goal of becoming a better spender. the goal is not to waste your money on items you don't care about and spend on things you will. the app will be available in the apple store, a free version available or upgrade to oops, gold, access unlimited times to

refresh your transactions and if you spend more none than is in your bank, oops. stuart: i can see that and look where you spent money and didn't need to. i can see that . lauren: we all know where we spend too much. stuart: lauren saying we all know when we spend too much. lauren: retry to close our eyes and ignore it. stuart: i'll get the app for you. stuart: your next guest said welfare helicopter destroyed his family. destroyed his family. he's next.

stuart: gianno joins me now. that was part of your it'll with the congressional committee this week. first of all, tell me more about your experience growing up in the welfare system. did it wreck your family? >> i grew up extreme hi poor and at times the lights, gas and pow was all off at the same time and my mom was addicted to crack cocaine and took me getting involved in public service at 14 to change the trajectory of my community working for my local alderman that i began so see how government policies impacted the peopled around me. yes, there was individuals within the community that i resided within, including some folks in my family, who looked to manipulate the system to get more versus i am going to utilize this temporary assistance to get back on my feet so i can work and provide for my family. that's really what welfare is intended for. it's not intended to be on for generations like wee sensorineural in many c

ommunities. i delivered this before the ways and means committee and get back to welfare to work in the same bipartisan spirit that speaker newt gingrich and president bill clinton passing the 1996 welfare reform act. if we can do that, we can lift out millions of poverty and that's what's needed today in this era especially. stuart: so, just tell me a bit more. what exactly are common sense reforms? what exactly would you change? how? >> well, if you just go back to just the model that's been proven to work. they had for individuals say for example a single mom. a lot of single moms and don't have someone to watch their children and they gave them child care. single moms were allowed to either go to school or work. and then as they begin to work ask bring in money, the rug wasn't pulled from under them and begin to earn a bit of m oney. oftentimes people are peerful g oing out to work and going to

earn $2 or $3 and they'll cut you off completely and the reform in place in 1996, you had two years to be on welfare with a five year limit. so people knew that there was an urgency to learn skills and develop and cultivate themselves so they can be productive citizens and come off the program. stuart: understood. are migrants being prioritized over the citizens in chicago because we just seen the mayor pump more money towards the migrants and i guess that's not going to the residents. >> yeah, they absolutely are and people in chicago are missed the hell off. they're missed the hell off because many of the black folks there have been voting for democrats for years, even giving to their campaigns and when it comes time to take your issues that impact the black community in chicago, they're often told that there's no resources, no ability to do so. meanwhile they've already spent $300 million and they got another $300 million they're g oing to spend and they already got set up for 2024.

now mind you, if more migrants come in, those numbers are going to explode. we can be looking at a billion dollar issue for the entire state of illinois in the city of chicago instead of having utilized resources like that for the folks that live there, they say they didn't have it. meanwhile in illinois as an example, you got 67 schools where the kids cannot do math at a proficient level, not one single student in 67 schools throughout the state of illinois including many in chicago. you've got 37 schools where kids are not proficient, proficient in reading throughout the state of illinois. these are major issues that impact this community and you've got unemployment between 20 and 48% in parts of the south and west sides of chicago. they need assistance and they need help tired of it and upset with it and may actually vote for trump-appointed that's what it's looking like more and more. they keep say it l. they're vocalizing.

stuart: that's interesting. something's got to change. gianno caldwell, thank you for being with us. >> thanks for having me. stuart: see you soon. penn warden business school calculated how much the student loan handouts will cost. ashley, give me the number. ashley: it's a big one. right around $84 billion. as you say according to analysis by penn warden, the biggest cost is biden's proposal to can el up $27,000 for all bar rowers for a -- borrowers for balance that's grown for unpaid interest and 25 million boar roars owing $57.75 billion seeing their l oans eliminated and other borrows paying for more than 20 years will get debt canceled at a cost over $19 billion and borrowers experiencing hardship and at high risk of defaulting would actual fiat a cost of $ 7.24 billion.

any way you look at it, it's a lot of vote buying courtesy of us, the taxpayers. stu. stuart: vote buying is exactly what it is. well said, ash limit thank you very much. can you show me amazon, please. they've just ordered -- they've been ordered to pay millions to a tech firm in chicago a lot of money. what's the problem? lauren: 525 million and federal jury said amazon web services guilty of patent infringement and award that had $525 million in damages to a company in chicago called cove io. cove claims they came up with three patents and very helpful and successful for cloud storage that amazon infringed and paved the way for aws to become what's believed to be amazon's largest profit center. the jury acknowledged aw s and coming with the dow.

stuart: six winners and 24 l osers and dow down 300 points. it's friday, don't go anywhere. friday feedback is next. ♪

♪ stuart: producers are being generous and playing the b eetles. that's fire -- beatles and and that's fire island. ashley, lauren, get started with the friday feedback. two messages alaska the noncompetitive scrabble, which we've described the other day. first from dean. hey, stu, new scrabble? when kan, with a k, i get one?

i thank that's a great idea. think you, mattel, for including us. that's a nice play on grammar. this is from russell that's also not a fan. holy cow, my parents taught us how to play scrabble in grammar school. unbelievable that mattel with a watered down less competitive version of scrabble and everyone wins and get astro fio. will you be -- gets a trophy. will you be playing with your children, lauren? lauren: maybe, because they're young but i'm against the idea of wart egg it down and s ometimes traditional works because it's traditional. stuart: agreement with ashley. we'll move on. from tito, as in vodka. hello, mr. varney, count c omedown. your outrage is justified. in fact, we could use a little more outrage in the country. good to hear it from you. this is in reference from me b eing a little extra fired up on wednesday's show. youth like me to calm down. i know you would, lauren. lauren: i would have wanted t

itos that day when you were fired up. stuart: what do you think, ashley? ashley: you know what, stu, you used to be a very fired up. you've mellowed a little bit but i got to tell you, once we get to the -- it's the same issue, if the democrat-run cities continue to struggling billion crime and ultrahigh taxes, people keep voting them in, it makes no sense and that's when your blood starts to boil and it's totally justified. stuart: we're on the same page, ashley. lauren: titos for all. stuart: that's vodka. this is from a fellow steward returning from beatles show on multiple venue with standing room only on five separate n ights. ten years from now we'll never see taylor swift matching this. lauren: that cruise going on, a beatles cruise, stuart? stuart: i wouldn't go on a cruise, but if it had the beatles, maybe i'd think about it. lauren: taylor, she's not the beatles but i'm not not a fan. stuart: are your children w

atching this because they're go going to complain. next from jack, when will the presidential motorcade have electric vehicles in it? jack, don't hold your breath. lauren: you want to take it, a sh? ashley: it's never going to happen, is it. can you imagine how much battery power it would take to mobilize the beast? yeah. lauren: he'd be late for everything even more. stuart: look, thanks, everybody, for your friday feedback this week. we really enjoyed it. and now i've got a trivia question that is jermaine to lauren. here we go. how many pairs of shoes does the average women in america own? lauren: haven't a clue. stuart: 22, 27, 32, 37? what is it? the answer when we come back. lauren will have the best lauren will have the best one. (fisher investments) at fisher investments we may

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it's odd how in an instant things can transform. slipping out of balance into freefall. (the stock market is now down 23%). this is happening people. where there are so few certainties... (laughing) look around you. you deserve to know. as we navigate a future unknown. i'm glad i found stability amidst it all. gold. standing the test of time. stuart: well well well. we did ask how many pairs of shoes does the average woman known in america? is it 22? 27, 32, 37. you have to go first? lauren: 27, number 2. >> i've not a clue. most of my shoes don't even see

the sidewalk. stuart: 2130? stuart: 30? ashley, the average woman has how many pairs? stuart: i'm going to go -- i was going to go with number 2 as well, 27. stuart: you've got it all wrong. it's 37 guaranteed. the answer is 27. the us footwear market is very lucrative forecasting $91 billion by next year. 20 pairs, 30 pairs of shoes? stuart: i always wear the same ones. stuart: i like your -- lauren: i am middle-aged and married. stuart: amil marcus has something like 3000 pairs of shoes when she was first lady of the philippines, time is up for us, coast-to-coast starts now.