Stuart Varney

Stuart Varney
Stuart Varney on the set of Varney & Co. in 2014
Born (1948-07-07) 7 July 1948[1]
Derbyshire, England[2]
Nationality British-American
Alma mater London School of Economics
Occupation Business Analyst

Stuart Varney (born July 7, 1948) is a British-American economic consultant who works for the Fox News and the Fox Business Network. Varney joined Fox News in January 2004 as a business contributor on many shows, such as Your World with Neil Cavuto. He also serves as guest host for Your World.

Background

Varney was born in Derby, Derbyshire, England. After secondary school, Varney spent a year working in Nairobi, Kenya, before graduating from the London School of Economics.[2] After working as a reporter for Radio Hong Kong, he began his broadcast journalism career at KEMO-TV (now KOFY-TV) in San Francisco.[3] He was then recruited to join the Manhattan bureau of the newly formed 24-hour news network CNN, which launched on June 1, 1980. He hosted the CNN shows Business Day, Business Asia,[2][3] and Moneyline with Willow Bay. In 2001, he left CNN to host CNBC's "Wall Street Journal Editorial Board with Stuart Varney."[2]

He joined Fox News's business team in January 2004, and joined Fox Business Network as an anchor when the network launched in October 2007.[2]

Fox Business Network

Varney currently co-hosts Varney & Co. on the Fox Business Network, which airs from 9:00 a.m. to 12 p.m. every weekday. The show is also co-hosted by Liz MacDonald and Ashley Webster. He is also a regular panel member on the Fox Business analysis and stock trade investment program Cashin' In.

Varney also serves as a business contributor and substitute host for FOX News Channel's (FNC) "Your World with Neil Cavuto." Since joining FNC's business team in 2004, Varney has contributed to the network's weekday and weekend business programming including: "Your World with Neil Cavuto," "Bulls & Bears," "Cavuto on Business" and "Cashin' In."

Prior to joining FNC, Varney served as the host of CNBC's "Wall Street Journal Editorial Board with Stuart Varney." Before that, he was a co-anchor of CNN's "Moneyline News Hour." Varney helped launch CNN's business news team in 1980 and hosted many of their financial programs including, "Your Money," "Business Day" and "Business Asia." His reporting and analysis of the stock market crash of 1987 helped earn CNN a Peabody Award for excellence in journalism.

Notable commentaries

In an interview on 5 June 2013 on Fox News, Varney said "We hand down $79 billion dollars every January on these so-called poor people." "You’re not being mean to poor people?" host Gretchen Carlson asked Varney, who responded, "I am. I am being mean to poor people. Frankly I am." This exchange of words gained brief popularity when it was cited on The Daily Show with Jon Stewart on Comedy Central, with journalists from The Washington Post reporting on his comments afterwards.[4][5]

On the July 19, 2011 edition of Fox News' Your World with Neil Cavuto, Varney attacked America's impoverished, citing a Heritage Foundation report on how the ownership of household appliances demonstrates how well-off America's poor really are.[6][7][8][9] Varney concluded by saying, "The image we have of poor people as starving and living in squalor really is not accurate. Many of them have things; what they lack is the richness of spirit. That's my opinion."

In 2013 Varney generated controversy for his commentary on Pope Francis, who had criticized the wealth gap and denounced unfettered capitalism as a system which "rules rather than serves."[10][11] Varney stated, "I go to church to save my soul. It’s got nothing to do with my vote. Pope Francis has linked the two. He has offered direct criticism of a specific political system. He has characterized, negatively, that system. I think he wants to influence my politics."[12][13]

Personal life

Varney has lived in the United States since 1974. He lives in Franklin Lakes, New Jersey with his wife Deborah and their six children.[2]

On October 29, 2014, The New York Post reported that Varney was served with a divorce complaint by his wife of 21 years. The complaint alleges Varney conducted a nine-year affair with a woman from Orlando, Florida.[14]

In November 2015, Varney became an American citizen.[15]

Varney is an Episcopalian.[16]

References

  1. "Oregon Magazine's Man of the Year, and recipient of the Bottle of Hunt's Ketchup Award is Stuart Varney of the FOX TV network". Oregon Magazine. August 24, 2012. Retrieved December 17, 2014.
  2. 1 2 3 4 5 6 Rohan, Virginia (May 12, 2010). "British voice of American business". The Record. Archived from the original on March 4, 2016. Retrieved October 15, 2010.
  3. 1 2 "Stuart Varney". Fox News. Retrieved October 15, 2010.
  4. "The Daily Show With Jon Stewart: COM: May 14, 2015 1:04am-1:37am". May 14, 2015. Retrieved 2016-03-15.
  5. Erik Wemple (May 14, 2015). "Daily Show's Jon Stewart buries Fox News on coverage of poverty, President Obama". The Washington Post.
  6. Thompson, Derek. "30 Million in Poverty Aren't as Poor as You Think, Says Heritage Foundation".
  7. "Fox Cites Ownership Of Appliances To Downplay Hardship Of Poverty In America". 22 July 2011.
  8. Hiltzik, Michael. "Heritage Foundation: America's poor actually live pretty durn well!". latimes.com.
  9. Sheffield, Rachel. "Air Conditioning, Cable TV, and an Xbox: What is Poverty in the United States Today?". The Heritage Foundation.
  10. Love, Maryann Cusimano (November 21, 2014). "Five myths about Pope Francis". Washington Post. Retrieved December 17, 2014.
  11. "EVANGELII GAUDIUM". Holy See. Retrieved December 17, 2014.
  12. scarce (2013-11-27). "Stuart Varney Admonishes Pope Francis". Crooks and Liars.
  13. "Fox's Varney Attacks Pope Francis' Comments On Inequality As "Neo-Socialism"". Media Matters for America. December 3, 2013. Retrieved December 17, 2014.
  14. Italiano, Laura (October 29, 2014). "Stuart Varney slammed with divorce complaint". New York Post. Retrieved December 17, 2014.
  15. Varney & Co. [@Varneyco] (18 November 2015). "Stuart is officially a United States citizen. Congrats!" (Tweet) via Twitter.
  16. "Fox's Varney Attacks Pope Francis' Comments On Inequality As "Neo-Socialism"". Media Matters for America. 3 December 2013. Retrieved 28 April 2018.
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