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tv   Mornings With Maria Bartiromo  FOX Business  May 1, 2024 8:00am-9:00am EDT

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after last month's massive solar flare added a 25th hour to the day, businesses are wondering "what should we do with it?" i'm thinking company wide power nap. [ employees snoring ] anything can change the world of work. from hr to payroll, adp designs for the next anything. ♪ ♪ maria: good wednesday morning, everyone. thanks so much for joining us this morning. i'm maria bartiromo. it is wips, may 1st. we have breaking news, 8 a.m. on the east coast. anti-israel demonstrations on college campuses nationwide making it more difficult for
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incoming students and their parents to choose a school for the next school year right ahead of graduation. madison alworth live outside columbia university this morning with the very latest. madison, good morning being. >> reporter: good morning, maria. yes, today is may 1st which is college decision day. millions of high school seniors are waking up around the country deciding where they will spend the next four years and a whole lot of money. but they are the also waking up to the news of violent anti-semitic protests happening across the country on our nation's campuses. here at columbia we saw that play out last night as police had to raid some of, the prestigious university behind me. i want to bring you though to ucla in los angeles. the lapd are responding to, quote, horrific acts of violence between pro-palestine and pro-israel protesters. videos show firecrackers exploding near groups and people spraying what could be chemical irritants at one another. here at columbia university the nypd was also a brought in.
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columbia saying in a statement after 9 p.m., quote, after the university learned overnight if that hamilton hall had been occupied, vandalized and blockaded, we were left with no choice. going on to say made if the decision early in the morning that this was a law enforcement matter and that the nypd were best positioned to determine and execute an appropriate response. the mass arrest of students and protesters began around 9:30 p.m. last night. officers had to enter through a window in the occupied hamilton hall in riot gear. they had to remove if makeshift barriers in order to get into the offices where these protesters were hiding. dozens of students and protesters were brought out to nypd correctional buses, their hands zip tied. they were arrested. nypd tells fox no one was hurt during the arrest, but several students have claimed the opposite on social media. those involved in the event, they are brazen with how they believe the students that have been arrested will be treated
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through new york city's courts. >> we'll do what a we've always done, we'll get arrested just like the criminals in the subway, they're always right back out in 24 hours. >> reporter: columbia, an ivy league university, kohs nearly $90,000 -- costs nearly $90,000 to attended. across the entire ivy league the cost of attendance hovers around $90,000. parents and students a alike concerned about their students attending a school where their safety is in jeopardy and where police forces have to be brought in to bring order. maria? maria: well, that one person knew the deal, huh? they'll do what they do, they'll get arrested, they'll go right back9 out. >> reporter: you said it. maria: madison, thank you. madison alworth at columbia. your reaction. >> look, these are no longer protests -- maria: no consequences. >> no, not at all. there's no accountability. this is what democrats do, they
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continue to foster this kind of hate speech, this kind of division. this is racism. this is bread and butter. where is joe biden today speaking out? oh, wait, it's against jewish-americans. now we know what is really at stake today. he is going to continue to allow this fear mongering, and as we look at at a decision day for a lot of these young students, they're not going to be picking these ivy league schools. i'm not seeing these protests at trade schools, at local community colleges. maybe parents need to start looking at what's in their backyard withs rather than spending hundreds of thousands of dollars at these elite universities. maria: and all of those people who were in washington on january 6th are still in jail right now. >> well, but what are we going to do? this is that two-tiered justice system that we're con. instantly seeing. if you disagree and show any type of dissent against democrats, they're going to jail you. fbi targeted parents at groups, we have irs agentses coming after republican businesses.
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i mean, there is truly a division today, and it is tiered by joe biden's america. maria: absolutely. it starts at the top, adam. joe biden loves to attack maga republicans. [laughter] >> "the wall street journal" has a very well written, thoughtful editorial this morning saying effect if we'vely that when republicans protest, dot, dot, dot, storm the capitol, it's called a threat to democracy. but when democrats protest, dot, dot, dot on college campuses, it's called in defense of free speech and, oh, it's so noble. no, it's a bastard aization. bassrd standardization. and we have less this go on far too long. we need people to stand up as finally some of these universities are doing and say this is not acceptable behavior, it's not free speech. don't call it. that in fact, it's t not even hate speech. it goes far worse than that, it's domestic terrorism. maria: yeah. and it's america's new mob rule in the journal this morning. your reaction, mike. >> yeah, look, these institutions, i do not think the
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nypd should be going in there. i do not think you should break up these protests. i think you should let these universities burn to the ground, right? these are, this is, like, ground zero, the anti-american, communist sentiment that is overtaking this country, this, you know, use every tool of the government to attack your political enemy because with the left the ends will always justify the means. and so all of that, you know, the life of all of these movements, of all of this nonsense, of all of this idiocy is coming from places like columbia, okay? we at a worst, the least we should do is cut off federal funding to all of these institutions. what do they the need our money for? if they're going to be chanting to america, death to israel, why do they need our money? love it or leave it. maria: we are just getting started this hour. stay with us, when we come back, we're waiting on the april adp numbers. jobs data out in 5 minutes'
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time. we will bring you that numbers see if there's a big market reaction. we we had one yesterday after the employment if cost index broke at 8:30. we're also looking ahead to the federal reserve press conference today at 2:30 p.m. eastern. we will get the decision and the commentary from the fed at 2:00, former kansas city fed president and ceo thomas hoenig is here with his expectations ahead of the fed. don't miss it. you're watching "mornings with maria" live on fox business. we'll be right back. ♪ ♪
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the need for domestic lithium production is crucial. surge battery metals is filling the demand and reducing our reliance on foreign sources with its best in class lithium discovery. surge battery metals, energizing our future. your shipping manager left to “find themself.” leaving you lost. you need to hire. i need indeed. indeed you do. indeed instant match instantly delivers quality candidates matching your job description. visit indeed.com/hire maria: welcome back. let's take a look at futures this morning. markets are lower this morning on this, the first trading day of the new month of may. dow down 84, the nasdaq down 109. stocks extending the selloff of yesterday on that hotter than expected eci, up 1.2% for the month of april. the dow down 5%, the nasdaq down 4.5%, and the s&p lower by better than 4% after yesterday's
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selloff, 570 points lower on the dow. investors now turn their focus to the federal reserve and the. commentary can and decision later this afternoon. if fed chair jay powell will hold a press conference at 2:30 p.m. eastern. we're not expecting any change in interest rates at all, but we are expecting the fed e to discuss inflation and the road ahead. i spoke with nick nick timiraos on this program yesterday about his expectations. watch. so what are you expecting from jay powell today given that we've seen three straight months of inflation staying elevated and worries that, in fact, rate cuts may be off the table? >> they'll simply take out the interest with rate cuts expected this year or early next year. what that'll do is it'll raise interest rates across the treasury curve. that'll tighten financial conditions. it's really the same effect that you would get from an interest rate increase. so i don't see a lot of appetite right now for most -- from most fed officials the raise interest
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rates. i think what it would take, maria, to put actual increases back on the table -- maria: joining me right now is former kansas city federal reserve president and ceo, former fdic vice chairman and distinguished senior fellow thomas hoenig. thomas, thanks very much for joining me this morning. >> sure. glad to be with you, maria. maria: tell us what you're expecting and thinking the federal reserve is mulling right now after those three months of elevated inflation and, of course, yesterday's employment cost index. >> well, i think the fed is e e -- resolved to the fact that they're not going to be raising rates this year. how they're e going to communicate that will be -- but inside the fed i think there's this discussion going on as to where the so-called equilibrium real rate of interest is. and increasingly, it's becoming more evident that it's closer to 2% than the half percent that some say. and if that's the case, maria, with real interest rates right now, with the policy rate being
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5% and inflation 3, you have the so-called equilibrium rate and the policy rate is about 2% real terms, and so you're in a steady state, 3% steady state. and that's what the market, i think, is realizing that the fed if to bring inflation down further, that the fed may at some point may have to raise e rates, which is a real possibility, raise rates if we're going to get back to 2 president, and that's weighing on the market. maria: a moment ago you said i think it's pretty clear the fed won't be raising rates this year. did you mean cutting rates? >> i said it's clear they will not be raising rates this year. not cutting rates, it's more likely that if things stay as they are barring a shock, and there's real possibilities of shocks, they'll have to raise rates at some point if they're going to get inflation back from 3% to 2% because really they're pretty close to a steady state with inflation at 3%, gdp growing about 2%, unemployment
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around 4% how do you get inflation down with that kind of a steady state environment without raising them or without a shock. and there is a possibility of a shock in the market. the banking industry is still very vulnerable to these rates. they could -- if they tart running into bigger problems, we've had some failures, but if they become more prominent, then the fed will be in a bad spot. the other issue that they have to face is the fact that the government debt continues the grow at a fairly substantial the rate. that's got to be funded, and yet they're holding the balance sheet constant under quantitative tightening, so they'll be discussing how long they can continue that into the future. so there's lots on their, there's a lot to discuss that will affect the economy, and we don't know what the answers to that discussion is yet. -- are yet. more more well, we just got the adp report out, and the expect takes -- it is coming in hotter than the expectations at 192,000
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jobs added to the economy in the month. that is more than the estimated 175,000 private sector jobs added to the economy. so, thomas, what do you make of the jobs picture right now? we'll also get the job openings report rate later on this morning and, of course, on friday if overall jobs numbers from the labor department. the unemployment rate holding steady at 3.8%, but today the adp number is hotter than expected, up 192,000 versus the estimate of 175,000. >> maria, i think the economy is hotter than the fed expected it to be. i mean, every indication is we have good growth, strong demand and, remember, the fiscal policies of infrastructure and the chips and manufacturing that have brought forward and the president capital demands from the private sector, technology is still thelating this economy even at an interest rate of 5.3% on the fed funds rate with real
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rates, that means real rates are still around 2%. so we're in a position where with i think we would continue to have 3% inflation under this environment or higher if this economy continues as hot as it is right now and these job numbers only suggestion that -- suggest that it is a very strong the economy right now, stronger than the fed anticipated and stronger than the market anticipated. which is good in some ways, but it also means that that there are the bigger challenges ahead because the banking industry, as i said, is framing jill. you start raising rates, you're going to make that even more fragile. so the fed has some real difficult decisions to make over the next several months. maria: well, jim grant was with me recently, and it was back in march when he floated the idea of the fed raising interest rates when everybody was expecting the fed to be cutting interest rates. here's jim grant with me on this program in march. watch this. you're not expecting a cut in rates mitt soon. >> no. -- anytime soon. no. well, they might decide that
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3-ish is fine -- maria: 3% inflation. >> yes. this concern over the inflation and to focus on financial stability as they would define it. so, but however, i think there's also a chance, maria, this year that the fed raises if they are confronted with an accelerating rate of inflation. if they feel they have no choice. and who's to say the 3.2% thing couldn't go up, we have an $80 oil price, no longer 70. maria: i think it's important to also reiterate, thomas, that the federal reserve removed that line that the banking system was sound and resilient. they took that line out of their statement. that raised my awareness to say, wait a minute, why did they take that out? maybe they're expecting the banking system to get worse as you just suggested. >> well, i'm glad they took it out, because if you look at the data, and we'll have new bank first quarter data coming out here next week, but the nonperforming loans are going up
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in the banking industry generally. the margins are still under very great pressure. they have basically hundreds of billions of dollars of unrealized losses in government securities and mortgage-backed securities portfolio and unrealized losses in their loan portfolio especially around cre. so there's a lot of vulnerability in the banking industry, and that's a big factor. and i heard jim mention it that, you know, concern for the banking industry, concern for the financial stability, they may be willing to live with 3% inflation. and if they do nothing, that suggests they are willing to live with 3 inflation because to bring it down under current conditions, they would have to raise rates, and they don't want the raise rates because you already have a very fragile banking situation, so they're in a dilemma. maria: it's a great point. stephanie pomboy pointed out that, you know, growth is slowing. now we're at 1.6 president in the first quarter, and she said out of that. 6%, consumer
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spending on housing, health care and insurance was 1.2%, okay? so off the 1.6 growth which is, by the way, all the way down from 4.9% in the third quarter of last year, the bulk of it was spending on housing and insurance and health care. that tells me it's all about inflation. and that's the one thing that has made people feel much worse today than four years ago. is secretary janet yellen testified yesterday before a house committee, he told lawmakers that that americans are better off financially now than four years ago. watch this. >> we saw saw new data come out on the employment cost index that measures compensation, and and it was up if nominal -- in nominal terms. and in inflation-adjusted terms, it showed that over the last year compensation on average is increased just under a percentage point for most families. so people, generally, are better
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off -- maria: people are better off. but, thomas, you go out to a store, everything is more expensive. inflation up almost 19% on joe biden's watch. [no audio] thomas hoenig joining us there. we will get e back to thomas hoenig soon. we appreciate him joining him, and we apologize for that. stay with us, we'll be right back. ♪ did i read this? did i get eggs? where are my keys? memory and thinking issues keep piling up? it may be due to a buildup of amyloid plaques in the brain. visit morethannormalaging.com
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>> anti-semitism is a virus, and because the administration and woke university presidents aren't stepping in, we're seeing it spread. we have to act. house republicans will speak to this fate ifful moment with moral clarity -- fateful moment with moral clarity. maria: house speaker mike johnson yesterday announcing more investigations into anti-semitism on college campuses on top of things education committee's ongoing probe. five more committees are set to investigate different aspects of these protests end clubbing who is -- including who is funding them and whether foreign students on visas are engaging in the demonstrations as well. the speaker calling on president biden to visit columbia university to see the chaos himself. police were called in overnight to clear agitators occupying hamilton hall. joining me now is texas congressman ronny jackson, he's also a member of the gop doctors' caucus and former white
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house physician. congressman, thanks very much for being here. your reaction to this anti-semitism on college campuses. >> well, i think it's repulsive, maria with. i just can't it's happening. it's unbelievable it's happening here in our country. these people need to be charged appropriately. i mean, this -- i want to ask a question and i know a lot of people have asked this, where is joe biden in all of this, right? this man has the head of state responsibility. he has a responsibility as our commander in chief, but he's the chief executive in this country. he needs to speak out on these domestic issues. he needs to be loud and devisive on this -- decisive on this. where is his doj and his fbi? they're all too happy to drag someone off the sidewalk who's praying in front of an abortion clinic, yet they won't do anything about these hate crimes. these are people being physically attacked and if threatened by people actually saying they want to exterminate jews. the doj and the if fbi should be all over this, and biden should be out every day speaking about
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this. so i'm disgusted what's going ott at the universities. i can't believe we have an entire generation of kids that have been brain brainwashed here. i think the real root of the cause a lot of these radical professors at these universities. that's where the real root cause is. and, you know, we've got to do something about this, and i'm glad the house is stepping up to the plate. the various committees are going to be looking at this, as you just mentioned, seeing what we can do about this. i would add the armed services committee as well because i'm on armed services, and we have billions of dollars that go to these universities in the form of research and development grants for defense purposes, and i personally don't want anybody at these university ares, these professors of these students, working on defense projects that have national security implications when they have they are openly supporting hamas and terrorists. maria: well, you are right. there were some faculty members that were arrested as well in the last couple of days. there were faculty members participating in some of these protests. nypd arrested approximately 30
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people between both -- 300 people between both columbia university and city college-new york just last night. the former president trump said what you said, we need to hear from president biden. where is he? watch this. >> we have to stop the anti-semitism that's just pervading our country right now, and biden has to do something. biden is supposed to be the voice of our country, and it's certainly not much of a voice. he's, i don't think he's able to do it. i don't think he's got what it takes to do it, but he's got to. he's got to strengthen up and he's got to be heard. maria: congressman, it is the really amazing that we haven't heard from president biden on any of this although i should say that the white house said e that it is condemning the anti-semitism. >> well, the president's not saying that, right? he needs to get out and say that. he's been trying to walk this line and appease the protesters. i mean, they're the one part of his base that they still think he potentially has.
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i mean, he's lost everybody else. he's losing the black vote, the hispanic vote, women, blue collar people, union workers. he's losing everybody, so he's desperately trying to hang on to this part of his party, this part of his base at any cost. and it's just disgusting. this is happening, and i think president trump is absolutely right. i don't think this man is capable of providing the leadership that that we need to get us out of this. president trump would do that, but he's not. and then we need leadership at the state and local level too. it's insane that these people get arrested, they get brought in and, or you know, it's not that the charges get dismissed, they don't even get charged. these d.a.s are letting these people walk out in a matter of hours, and if they go right back to the protest areas and set up more tents and continue to do this. maria: yeah. >> there have to be consequences. this is a generation that has lived with no consequences, and they are seriously entitled, and it's just, it's amazing to see what's happening here. i would not give a time to any of these ivy league institutions or any of these other institutions that are doing this. i want to make sure that we
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don't give them any money as a federal government either. maria: who do you think is behind these protests? >> well, we need to find out. i think there's a lot of nxos here. i think there are foreign governments giving money to the ngos. obviously, i think soros is part of this. the fbi should be investigating that too. soros is inciting violence and inciting, like, hate crimes. maria: yeah. >> those things need to be looked at. and if we had a good doj, we'd be getting answers to those questions right now. maria: well, incredibly, they're not giving us those answers. we want to know who they're investigating, but they're definitely investigating donald trump. president trump -- >> that's right. maria: -- heading back on the campaign trail today after spending the last couple of days in a new york courtroom. obviously, they want him in that courtroom during this election season while joe biden goes campaigning everywhere. today he'll travel to wisconsin, then he'll go to freeland are, michigan. trump is also featured on the cover of time magazine laying out what a second term would
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look like. look at this, if he wins. he says he was too nice during his first term according to this article, and he's planning a serious crackdown on illegal migrants, he told me in january. but the first presidential debate will not be as soon as he wishes, the first debate is still slated for september 16th at texas state university. congressman, having a debate on september 16th, you actually could see some people vote even before that, right? >> well, that's right. there's going to be people in certain states voting before that. the debates needs to take place before the voting starts. biden, unfortunately, had a gaffe and said he would debate trump. i think his team probably freaked out when he said that. they're going to do everything they can to keep this map off the debate stage. regardless of the criticism he gets, it'll be nothing compared to the revelation that takes place when you get these two men on stage together. the whole country is going to see head to head how incompetent and how mentally incapable joe biden is.
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and they don't want that. they want to avoid that at all costs. that's why they keep him off the campaign trail, and that's why they do their best to keep president trump occupied in a courtroom and if spending all his money on his legal, on these legal issues that they've created. many. maria: wow. everybody sees this straightaway. congressman, it's good to sew you this morning. thanks very much. >> thank you, maria. maria: congressman ronnie jack areson. stay with us, we'll be right back. ♪ the best advice i ever got was to invest with vanguard for my retirement. the second best? stay healthy enough to enjoy it. so i started preparing physically and financially. then you came along and made every mile worth it. hi mom. at vanguard you're more than just an investor, you're an owner. helping you prepare for today's longer retirement.
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prosecutors charge that he allowed drug dealers or and sanctions violaters the ability to move hundreds of millions of dollars, all while making money for himself. earlier, he had resigned as binance's ceo. johnson & johnson moving forward with a $6.475 billion settlement of tens of thousands of lawsuits alleging its talc products caused ovarian cancer. the deal would allow it to resolve these lawsuits. courts have previously rejected two other attempts to resolve the lawsuits. j&j maintains its products do not contain asbestos and do not cause cancer. the stock is higher by nearly 3% in the premarket. finally, a new twist in the ongoing campus protests. north western university cutting a deal with anti-israel demonstrators that will give full full-ride scholarships to palestinian students and guaranteed faculty jobs for palestinian academics. this after five days of
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demonstrators occupying deery meadows on campus. the university making the decision to agree to several demands. according to narc national review, by the way, 70% of palestinians support hamas if' october 7th attack against israel. 75 support hamas as the governing body of the gaza stip. maria. those are your headlines. maria: i don't know what to say to that -- >> awarded to bad behavior? if. maria: 75% want hamas running it. >> yes. that's according to the national review. and this is how this particular university or is responding, give them what they want. they got most of their demands at northwestern. maria: yeah. all right, cheryl, thank you. secretary of state antony blinken meeting with prime minister netanyahu9 expect president of israel, herzog, today discussing what the administration if wants, and that is a potential ceasefire data. net an yaw awe hoo -- netanyahu told blink blinken he's not going to accept a deal. blinken urged hamas to accept
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the latest proposal. watch in this. >> we're determined to get a cease efire that a brings the hostages home and to get it now. and the only reason that that wouldn't be achieved is because of a hamas. there is a proposal on the table, and as we've said, no delays, no excuses. the time is now. and the time is now hong past due to bring the hostages home to their families. maria: anthony blink wheren inspiring there. joining me now is heritage foundation vice president of national security and foreign policy and deputy national security advisor under president trump victoria coats. victoria, give us your reaction to what's taking place here on college cam if buts and the administration's -- campuses and the administration's efforts to get e netanyahu to agree to a ceasefire. >> well, good to be with you, maria. i think these two things are really interconnected, and i actually went to my alma matter matter, to the university of pennsylvania, last week to give
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a lecture on free speech, and i needed three layers of armed guards. it was ridiculous. what's happening is utterly unconscionable. all we've heard from the president is a moral equivalency between the anti-semitic people pledging genocide against the jew, and people who he feels are not sensitive to the palestinian cause. we've heard the same thing out of secretary blinken. this is the encouraging hamas. this is why they are not agreeing to the most recent extremely generous offer from the israelis for a ceasefire. this is why people many in gaza continue to suffer. and so i think the administration should just get out of israel's way and let them finish this job and get rid of hamas. maria: i mean or, what are we hearing from hamas? you saw blinken there speaking to hamas as if maas is watching -- hamas is watching his meeting s which is unlikely. so how do you know if, in fact, hamas would agree to any hostagg
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is this administration if hammer netanyahu to do the a ceasefire, and we have heard nothing from hamas agreeing to release any hostages. >> no. and that's the thing, is hamas is losing. israel is winning this war as they've won every military engagement with the palestinians for decades now. and so the palestinians are losing. and that's what needs to be communicated to hamas. this is going to end, you're going to lose are, and the way you get to, you know, a resolution is that you lay down your arms and you sue for, you sue for terms. but unfortunately, if you recall what ho chi minh said during the vietnam war, that he might lose on the battlefield he was going to win on the streets of america. and that ooh -- that's what we're seeing, is that they are winning in the public opinion battle even though they're losing the war. maria: that's a great point. michael lee, jump in. >> victoria, as we're hearing news that we're going to bring some palestinian refugees over
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to america, the funding for this was in the supplemental package along with billions of dollars to the ngos that are letting other countries invade our southern border. this seems pretty insane, don't you think so? >> oh, this -- it's outrageous, michael. and and, you know, all of us who opposed the supplemental, for me, this was the bottom line. there's $9 billion in there in the israel portion of the supplemental which is all possibly going to palestinians and, as you said, to these ngos who facilitate illegal migration across our southern border. you know, it goes through this element of the state department, trm, population refugees and migration, and there's a reason the egyptians have refused to take the any palestinian refugees, or even women and children. they live next door. they know. and and as cheryl reported, 70% support october 7th-style
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attacks. 75% support hamas. and these are the people we're going to try to bring into our country and permanently settle. maria: yeah. and what we know now is that the white house is mulling this idea. they're mulling bringing some palestinian refugees into thest u.s. cbs news reported it that senior officials across several federal u.s. agencies have discussed the practicality of different options to resettle palestinians from gaza who they say have immediate if family members who are american citizens or permanent residents. victoria, i mean, you know, this is very much in line with what the administration has been doing, and that is basically making israel the bad guy. you know in they want to do something for the palestinian side. and ons israeli side, all we keep hearing is we told them we don't like where he's taking this war, we told him he needs to do a cease fever, you know? making netanyahu and israel the bad guy -- ceasefire. >> well, and, again, this
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ironically perpetuates the violence because what the administration if should be doing is standing unequivocally with israel, our great and good ally, you know, one of the only functioning democracy in the middle east and, you know, a huge source of strength and security to the american people. instead they're undermining them. they're undermining them at the united nations, they're not condemning the action from the international criminal court which could be a disaster if senior officials were indicted by the icc. it would be open season on jews at that point. this is outrageous. maria: yeah. >> and instead, as you say, they're playing a double game. maria: right. and as michael just mentioned, we still have a wild open border, we don't know who's in the country, and you've got secretary blinken threatening that they're going to do sanctions on the israeli defense forces. it's extraordinary that they would be discussing this now in the middle of their fight for survival. met me get your take on who -- let me get your take on who
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might be behind these protests, because what we're hearing increasingly is that it's not just students that are in the crowds. it's outside groups that are adding on to the chaos. do you believe that it's iran, china, george soros? the who is behind it? if mehek, you made a comment earlier about the tents, they all look the same. somebody's paying for this, right? >> oh, it's a coordinated attack. they're spending over $5000 for north face tents -- $500. these college students can can't afford it, so it begs the question, who are these people? they have masks on. they're agitate theres. these are called domestic terrorists, and the biden administration should be taking action immediately. what heir doing overseas with israel, as victoria mentioned, is the same thing on our border, they're allowing for domestic terrorists to come in through the southern border and allowing domestic terrorism on our campuses. maria: if any of these people had a maga hat on, forget about it. they would this be in jail, i
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guess, victoria. >> oh, absolutely. and if all you have to do is look at the information that's being pushed through tiktok to our young people. it's something like five times as president bush no-palestinia- palestinian. so china is perfectly happy to see us consumed with these kinds of protests. they exploit it. so, yeah, i would embrace with the can and. i think it is certainly china, and think there's a lot of evidence that george soros and the ngos that he funds are heavily involved with this. and these people are professionals. more than half the people at the university of texas weren't students. these are people who are deliberately coming on campus and creating this unrest. maria: all right, victoria, great analysis, as usualment thanks very much for being here this morning. >> thank youment. maria: victoria coafts. the latest trends and tips on the other side of this break with. we'll lighten it up a bit. you're watching "mornings with maria "live on fox business. stay with us. ♪ ♪
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her uncle's unhappy. i'm sensing an underlying issue. it's t-mobile. it started when we tried to get him under a new plan. but they they unexpectedly unraveled their “price lock” guarantee. which has made him, a bit... unruly. you called yourself the “un-carrier”. you sing about “price lock” on those commercials. “the price lock, the price lock...” so, if you could change the price, change the name! it's not a lock, i know a lock. so how can we undo the damage? we could all unsubscribe and switch to xfinity. their connection is unreal. and we could all un-experience this whole session. okay, that's uncalled for.
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maria: welcome back. summer right around the corner. americans are itching to get started on their travel plans. new data shows the latest trends include more bookings to cooler or climate countries to escape the sweltering heat. joining me now is vice president of global
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public relation relations at virtuoso, misty bells is back with us. misty, thanks so much for being here. break down some of the travel trends. where are people booking? >> we're seeing a lot of interest in europe as we always do, but this time we're seeing them to to northern europe. don't get me long, people still love western europe and they're still going to paris for the olympics, but we're seeing much more demand for places like scandinavia, we're seeing sweden up 145% over last summer, denmark, the earth in lands. so we're seeing -- nether lands. we're seeing people want to escape the heat waves. maria: interesting to see those spikes in travel plans when, in fact, inflation has been an issue, mike. >> it's funny, as somebody who travels a lot, you see the airline price tickets all over the place, hotels all over the place. what are you guys seeing in terms of cost to travel? has that flatlined? >> is it just in pockets way more expensive? if what's finish. >> as always, travel is
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based on demand, and we're seeing that the demand going into the summer is still extremely strong. now, we aren't seeing the rates spike being as much during the summer with the exception of paris olympics because the rates were so expensive last year. so they're really about on par with where they were last summer, but overall everything else is more expensive. so you are seeing a lot of fluctuations in air. airfares are quite with high, hotel rates are quite high, but the cost on the ground is as well. but it's not deterring people from traveling, and that's the porn piece. they may be -- important piece. they may be willing to let go of other luxury goods, but they are not letting go of their experiences. maria: you're also seeing new trends in the cruise industry, right? more than half of advisors say cruising will emerge as the strongest sector this year and next year. and you're seeing a shift in demographics. >> we are. we're seeing cruising is no longer sort of that baby boomer, mature retiree type client tell. we're starting to see much more demand amongst
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millennials and even gen-z. you're starting to see more see low female travelers cruising as well which is an interesting dynamic. and then we're also seeing much more family i cruising and multigenerational family cruising too. maria: i guess services is one of the things that people are increasing rather than buying a lot of stuff, they're taking trips and doing services. >> well, and that's because people are employed. we have the most number of people ever making the highest gross-adjusted income if ever, and and they're spending that money which is why the economy continues to move ahead and why earnings are strong. i'm just curious to ask, actually, i've never gone on a cruise, and and i've always thought i don't want to just sit on a boat and get bored. are these cruises that are making different stops so you can have adventures along the way? >> cruising has changed incredibly since that perception, and really the beautiful thing about cruising is that there is a line or an itinerary for any type of traveler at this point. if you want to be more active and see more ports of call, you can do that. one of the trends that
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we're really seeing is that ships are 125euing in the port -- staying in the port longer so you have a chance to experience the destination as opposed toawaying at it as you -- waving at it. maria: tell us ab travel aid e seizers and what role they're playing. >> travel advisers are incredibly important to the travel land scape. they're responsible for over $100 billion worth of travel sales every year with. virtue woe e sew alone represents about $35 billion of those sales. so they're incredibly important from an economic stand thepoint but also the services that they provide their clients, advice, access -- maria: nice to have that know-how, for sure, when booking a trip. misty, thank you. we'll be right back. you're watching "mornings with maria accounts live on fox business. ♪
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maria: welcome back. we are awaiting new york city mayor eric adams to speak in just a few moments about all of the anti-semitism raging. i want to get our panel's final thoughts here. your thoughts, adam. >> well, maria, markets were down 5-6% in april, so on my to-do list is high quality companies that got hit a little bit more than they should have. maria: all right. 30 minutes before the opening
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bell sounds, we've got the market extending yesterday's losses, dow down about 55 right now. mehek cook, your final thoughts. >> i'm really concerned about what's happening on these college campuses. this is domestic terrorism, and we need accountability because these kids are our future leaders, congressmen members and future business owners. we have to start now before it's too late. maria: i'd love to see joe biden come out and make a comment about all of this as we watch this spike. your thoughts. >> you know, in the face of all these terrorist sympathizers, remember, today is the 13th anniversary of the day that the navy seals got osama bin laden. maria: oh, i love that. thank you, navy seals. great. that'll do it for us. thank you so much for being here. i want to thank adam, mehek and mike, we are see you soon, and let's get right to "varney & company". stu, take it away. stuart: good morning, everyone. pitched battles on the ucla campus overnight, groups fought each other. for hours it was an around a key.

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