With biggest gain in september up about 4 . Cheryl you may never have to assemble a piece of ikea furniture ever again. Good news for marriages everywhere. Fbn am starts right now. Lauren tgif, 5 01 a. M. In new york. Im lauren simonetti. Cheryl good morning, im cheryl casone. Have you ever assembled ikea furniture . It is not fun. Lauren lets stick with breaking news this morning. President trump and Vice President pence selling administrations tax plan. Trump will say how it will affect the Manufacturing Industry when he speaks in association of manufacturers this morning in washington. Fox business will have live coverage of that event shortly before 11 30 this morning. Pence telling americans that help is on the way. Literally killed jobs across the midwest and Cost Companies to close factories and build them overseas. Folks, this cant continue. And under President Trumps leadership, those days are over. Cheryl we get more of the administrations push to overhaul tax code from our own adam shapiro. Good morning, the administration is going to continue attempt to sell tax reform not only to American People but also to congress. Its issue is repealing deduction for state and local tax which is will hit people in california, new york, new jersey, specially hard, but gary cohn, chief adviser on the economy to President Trump says the time is now to help revitalized the economy through tax reform. The last thing we want to see is wealthy individuals or wealthy groups or families move their tax rate down from the 35 rate to 25 rate. Guys like myself should not be allowed to put assets into a partnership and reduce our Tax Liability by 10 . Adam minority leader Democrat Chuck schumer says people in new york and other state where is they do rely on the deduction for state and local taxes are going to get hit hard. There are 40 or 50 republican congressmen from wellto do suburban districts, high states, new york, california, new jersey, pennsylvania, illinois, maryland, whose constituents will be clobbered by removing state and local deductibility. Getting congress to pass a budget resolution which could begin next week. The house could be voting on that and the senate within next week or two, thats crucial in order to move next on tax reform. Back to you. Cheryl and for more on this, lets bring in dan, good morning. Lets take a look at highnet worth states, new york, new jersey, connecticut, california and maryland. This is where the fight seems to be. Is this bad for taxpayers in these five states . Well, according to Trump Administration there are going to be offsets specifically getting rid of alternative minimum tax and what that is designed to do is to not allow the deductibility for state taxes. So theres going to be offsets to having the removal of an itemized deduction for state taxes. I think we are jumping the gun because, remember, this is simply a blueprint for where the president wants to go and on top of that, we keep referring to it as tax plan, yes, its a tax proposal but really more of an economic plan. Cheryl it is, Corporate Tax rate, sure. Even 20 is better than 35. Let me push back here. I was looking at something that the tallahassee policy sensor put together. They are saying something different. 3 quarters of those in those states in particular that other amt and deduct state and local income taxes would under this proposal get a net increase, so even if youre talking about, thats the pushback that youll have, the doubling of standard deduction, thats actually not the case that most taxpayers in these states to Chuck Schumers point are going to be hit. Well, again, we still dont really know that because the plan is not finalized. Look, this is a workin process. Lets see what they can come up when everything is done. The president made a commitment that theyll be a middleclass tax cut. He wasnt excluding new york, california, new jersey, some of the other states, he said middle class across the board. I believe if initially it isnt working out they will retool it because they need middleclass tax cuts. Cheryl texas, for example, have no state taxes, thats why real estate is so attractive. These states dont have voting power that the larger states do. Isnt this where its going to wash out in congress . Well, it very well might be that and what we have to look at too, these states that have having hightax rates, they have their own issues as standalone. Plenty of people that are moving out of states like new york andw jersey moving to taxfriendly states. This problem is not really a federal problem which is where we are going now but these states individually have to address the issues and this is only going to put more pressure on them. Cheryl again, im sure that you know a lot of businesses, hedge funds in particular have left, connecticut, new jersey and guess where they have gone, florida. Of course. Lauren health and Human Services tom price coming clean agreeing to pay for taking charter flights saying he was not sensitive enough for concerns for taxpayers. Fox flews has learned that the price that he will pay back 51,000 for controversial flights. Price agreed to reimburse a day after President Trump said he was not pleased and even suggested prices job could be in jeopardy. Price discussed future in the administration in this exclusive sitdown with bret baier. I work at the pleasure of the president. The president is a remarkable leader. Im incredibly honor today work in and i look forward regaining the trust that some of the American People may have lost in in the activities that i took and to not only regain the trust of the American People but gain trust of the administration and the president. Lauren guess what, hes flying commercial with no exceptions from now on. Cheryl probably a smart move. Turn to go relief efforts in puerto rico, the pentagon has named a threestar general to take charge and proving the distribution of relief which, of course, was devastated by Hurricane Maria. That storm destroying infrastructure, theres not enough Truck Drivers to get supplies into remote towns, President Trump tweeting really hard to help but many have lost their homes. Military on site. I will be there tuesday, i wish the press would treat fairly. Massive water relief. Locals trying. Lauren Homeland Security adviser defending the president s decision to add first hold off on waiving a centuryold law that requires ships be carried by u. S. Flag vessel. Governor called me after 8 00 oclock and said at this point to ensure that the Additional Needs are met as we move forward might be a good idea to proactively make sure that we pull out of the stops in case the capacity problem,i talked to the president and waived it right away. Lauren they are talking about the jones act waived for ten days. We will get more on the administrations response to Hurricane Maria with our next guest blake berman. Cheryl thats the pushback, its just ten days. This is something thats going to be months as far as relief from recovery. Lauren the other pushback, the department of transportation 40 million so they can fix the roads, they have the goods and containers, they have to distribute them. Thats the other issue. Waiving the jones be effective . Thats the question. Russia influences on the u. S. Election now that twitter shut down more than 200russia linked accounts but some lawmakers saying not enough. Cheryl Tracee Carrasco with some headlines. Good morning. Tracee twitter suspended some of the 201 accounts found, recently identified as having run ads during the president ial election, in addition twitter said russian news site rt which u. S. Intelligence report aim today med until the election, bought 274,000 of ads on twitter last year but twitter wasnt clear about how many accounts attempted to spread misinformation or violated twitters rules and how users interacted with those account which is lawmakers have been critical of. Lauren great first day of trading for roku streaming. Tracee yeah, absolutely, great debut, roku saw shares surge 68 on first day of trading and another 3 in afterhours trading after pricing ipo 14 and opening 15. 78, shares close add 23. 50. This value it is company at 2. 2 billion. The companys first day bump doesnt always mean it will be a successful. Snap shares jumped 44 . We all know what happened there. Cheryl a lot of questions on the snap ipo from the first day. Roku seems to be in a better tracee i think so too. Cheryl might be my favorite story of the day, ikea has made big acquisition. Tracee you may never have to put piece of ikea furniture yourself. I cant say, it will acquire task rabbit, can help you hire someone to do a shore like Furniture Assembly and moving. We havent gotten details on how the two will work together. Task rabbit will continue to operate independently once the deal closes in october. Cheryl you get somebody to bring you toilet paper or come fix something for you. Ikea will be in charge with them. Tracee work their way some sort of partnership, maybe when you buy a desk theyll be able to put it together for you, connect the two. Cheryl relationships will be saved. Lauren gig economy. Marriages will be safe, less fighting. Tracee absolutely. Lauren coming up majority Steve Scalise makes a return and triumph to the senate. You have no idea to be back here at work in the peoples house. [cheers and applause] lauren inspirational story and we will have more. The star reveals the medical diagnosis she got just one day after taking home an emmy. Youre watching fbn am cheryl welcome back, lets getout caught up on whats happening high. Emotions ran high when majority Steve Scalise made a surprise returned. He was badly wounded in congressional baseball practice. Scalise told members of the house, hes lucky to be alive. Im definitely a living examples that miracles really do happen. Cheryl scalise praised the heroic actions of Capitol Police officers who were on the scene who helped take down the shooter. Well, Washington State has sued objection oxycodone accountable. Actress announcing shes got breast cancer. 1 and 8 woman got breast cancer. I am the one. The bad news is that not a lot of woman are so lucky and make health care a reality. That show in general not rating because people are sick of actors getting on their soap boxes on award shows. Lauren we do. Trump administration sending criticism to response of devastation of crisis in puerto rico. The president tweeting this last night. Puerto rico is devastated, phone system, electric grid, many roads, gone, fema and First Responders are amazing. Governor said, great job, is donald trump doing a great job. Bring gop strategists and former strategists bret blakeman. Hes doing a great job. The governor of puerto rico is getting anything that he can possibly get to federal government. The problem is devastation is so severe the infrastructure cant support and the jones act is going to help get foreign shipments of goods into puerto rico as well as the other islands that are affected. Putting the military in charge as well, 3star general is important because nobody does logistics better and has assets better than military to support civilian and humanitarian efforts. Lauren you think waiving of the jones act will help distribute . The jones act will get them to the islands. The problems is getting the islands up to speed oh to distribute, bridges, tunnels, roads, most important electric to have generation for gas stations to operate. Lauren thats the challenge. Well, the president is visiting puerto rico on tuesday about two weeks after Hurricane Maria slammed into that country, that island. Hes getting criticism for response, length of time between the storm hit and his visit, do you think he deserves the criticism and what should he do to have the right image to show the right demeanor when hes there . First of all, ive worked for three president s and i was in charge of one president s daily schedule, president george w. Bush and i can tell you you wrestle when should the president go and when the is the appropriate time. The president if he went earlier than tuesday would be hindrance. The president has large fingerprint that he goes because of security and communications and makes a lot of sense to the president to go to the islands ready to receive them. What the president needs to do is show that the entire country has responded to puerto rico, we care what happens there. What i would like to see is the National Governors association hold an immediate conference, all the governors should get together and say how are we going to help puerto rico, how are we going to receive people temporarily and permanently because there are people who now have to be displaced for a short period of time to get island up to speed. Lauren Mainstream Media is trying to make President Trumps response the katrina that unfortunately your former boss had. Brad, thank you so much, have a beautiful weekend. Pleasure. Cheryl we have a lot more coming up. Time to get out the jacket, the scarf. Its begin to go feel like fall in the northeast and theres actually snow out west. Fox senior meteorologist janice dean has the forecast for you. Would you pay a hundred grand for a pickup truck . Ford say you will. Youre watching fbn am if youd have told me three years ago. That wed be downloading in seconds, what used to take. Minutes. That guests would compliment our wifi. That we could video conference. And do it like that. snaps if youd have told me that i could afford. A gigspeed. A gigspeed network. Its like 20 times faster than what most people have. Id of said. Id of said youre dreaming. Dreaming definitely dreaming. Then again, dreaming is how i got this far. Now more businesses in more places can afford to dream gig. Comcast, building americas largest gigspeed network. Now more businesses in more places can afford to dream gig. From godaddy in fact, 68 of people who have built their. Website using gocentral, did it in under an hour, and you can too. Build a better website in under an hour. With gocentral from godaddy. So we need tablets installed. With the menu app ready to roll. In 12 weeks. Yeah. The world of fast food is being changed by faster networks. Data, applications, customer experience. Which is why comcast business delivers Consistent Network Performance and speed across all your locations. Fast connections everywhere. Thats how you outmaneuver. Lauren fall temperatures finally arriving in the northeast. Cheryl im not ready. Im just not ready. Lauren but its fall. Cheryl we do love fox senior meteorologist janice dean. I like the fall sweaters and National Coffee day today. If youre cold, go get coffee. I know theres a lot of deals out there. 56 in new york, 15degree drop from what it was this time yesterday. In denver, i also wao point out tropical things out there. We have maria, lee not going to be worried about those but we are watching this area of low pressure off the coast of miami that has the potential to develop a little bit, i dont think its going to be a storm, not a hurricane, maybe a depression and the bottom line will bring heavy rain over the next couple of days specially to south florida. We will watch that. Theres your satellite radar, you can see rainfall moving into south florida, also have the potential for showers, thunderstorms for parts of texas and the southwest otherwise a pretty good looking forecast, cooler across the rockies where we are seeing snow in Higher Elevations and nice refreshing 72 here in new york. Enjoy the temperature, ladies, and National Coffee day. Cheryl now im thinking about coffee and doughnuts. Janice sounds amazing, the best pairing of all time. Lauren have a great weekend. You too. Lauren another hack attack, this time affecting whole foods but not all food shoppers are at risk. We will have what you should know. Janice just spilled the beans, National Coffee day, all the places you go this weekend. Lets show you the stock market futures, i think they need coffee, dow is down just 8 points right now but its the end of the Third Quarter, we are up 8 quarters in a row. Longest winning streak in 20 years. We will be right back cheryl breaking news this morning, the president and Vice President pushing the tax plan but theres pushback from key members of own party. Hightaxed states versus the rest of the country. Lauren sure is. The president tapping a fourstar general after president deals with criticism from the Mainstream Media that hes not doing enough. Cheryl final trade forking the week, month, futures pointing to a mix open. Lauren and in europe stocks set to post their best month in a year but the Amazon Effect is even hitting retailers there. We will go live to london. Cheryl nikkei ending with biggest monthly gain in a year. Up nearly 4 . Lauren happy friday, this is really good one, also National Coffee day and we are going to tell you where you can get a pretty cup of coffee. Fbn am starts right now. Cheryl 5 31 a. M. Here in new york. Good morning, im cheryl casone. Lauren good morning, im lauren simonetti. It was National Drink Beer day yesterday, how coincidental that National Coffee day is morning after. Cheryl i dont think thats a coincidence. Lauren its smart. Cheryl busy friday. You have President Trump and Vice President pence selling the administrations tax plan, trump will say how the plan affects the Manufacturing Industry when he speaks before the National Association of manufacturers today in washington. Fox business will have live coverage of that event shortly before 11 30 a. M. Eastern time during Varney Company and Vice President mike pence was in sa burr dean detroit telling Workers Health is on the way. We will put more money in American Peoples pockets. [cheers and applause] lauren more on the administrations push to overhaul the tax code from adam shapiro. Good morning, the administration is going to continue its attempt to sell tax reform not only to the American People but also to congress. Its issue is repealing the deduction for state and local taxes which will hit people in california, new york, new jersey, especially hard. Gary cohn says the time is now to help revitalize the u. S. Economy through tax reform. The last thing we want to see is wealthy individuals or wealthy groups or families move their tax rate down from the 35 rate to 25 rate. Guys like myself should not be allowed to put assets into a partnership and reduce our Tax Liability by 10 . Minority leader in the senate Democrat Chuck schumer says people in new york and other states where they do rely on deduction for state and local taxes are going to get hit hard. There are 40 or 50 republican congressman from wellto do suburban districts in hightaxed states, new york, california, new jersey, pennsylvania, illinois, maryland, whose constituents will will be clobb. The most immediate step is to get congress to pass resolution which could begin next week. House will be voting on that and the senate in the next week or two, thats crucial in order to move next on tax reform. Back to you. Lauren health and Human Services secretary tom price coming clean and agreed to pay for taking charter flights for government and personal use, he wasnt sensitive enough for taxpayer. Price will pay back more than 50,000 for those controversial flights. He agree to reimburse taxpayers a day after President Trump said he was not pleased and suggested that prices job could be in jeopardy. Tom price discussed future in exclusive sitdown with bret baier. I work at the pleasure of the president. The president is a remarkable leader. Im privileged to work in his cabinet and on behalf of the American People and i look forward to regaining the trust that the American People, some of the American People may have lost in the activities that i took and to not only regain the trust of the American People but gain the trust of the administration and the president. Lauren im sorry and i will fly commercial with no exceptions from now on. Cheryl pretty smart move that hes making here. Specially after Steven Mnuchin after getting criticized of use of government jet. The pentagon has named a threestar general jeffrey beuchanan. The storm destroying infrastructure, theres not enough Truck Drivers to get the supplies from the main port to remote town. President trump tweeting to help but many lost homes and military is on site and i will be tuesday. Wish press would treat fairly. Trump added fema and First Responders are doing a great job. Massive food and water delivered lauren the infrastructure was in bad shape even before maria hit. Tom defending the president s decision to first hold off on waiving the jones act that requires a goods ships carried by u. S. Flagged vessels. Governor rosello called me after 8 00 oclock, at this point to ensure that the additional need have met as we move forward might be a good idea to make sure we pull out of the stocks incase the capacity problem ran into the requirement problem. I talked to the president , he thought that was absolutely the right thing to do and waived it right away. Lauren the president will see the devastation for himself when he visits puerto rico on tuesday. Cheryl well, china making a move that could lead to automakers around the world going electric. Chinese government to accelerate production by 2018, strong signs of things to come. India has a goal to sell only electric cars by 2030. California is suggesting the state could move to eventually replace vehicles running on combustion engines. Of course, california is making the push. Lauren cars will be flying. Cheryl i hope so. And without drivers, right . Lauren the world we live in. Cheryl keeping with President Trumps push to buy american, hire american, the department of justice has filed a lawsuit against the company for hiring nonamerican workers. Lauren Tracee Carrasco with more on that and other headlines we are following this morning, hey, tracee. Tracee Justice Department filed suit against Colorado Company saying it discriminated by hiring seasonal foreigners instead. They were working on a settlement with the company so they moved forward with the lawsuit. Attorney general Jeff Sessions said in the spirit of President Trumps executive order on buy american and hire american, the department of justice will not tolerate employers who discriminate against u. S. Workers because of desire to hire temporary visa holders. Lauren whole foods another victim of hack attack. Tracee payment card information has been stolen from tap rooms, restaurants and other venues located within some of its stores, whole foods says it uses a different point of sale system for the grocery check out at the stores and the system was not involved in the data hack. Whole foods say they are working with cybersecurity experts and law enforcement. They didnt say exactly how widespread this hack is and amazon not affected. Lauren that was my question. Cheryl this is going to be the story that every time you have delivery you have anything online, its just you cant get your own Credit Report without being hacked at this point. Arguably one of the best days of the year for us who work this shift. We are talking caffeine. National coffee day, time to celebrate. You know what that means. Free coffee because there are a lot of deals at restaurants and Convenient Stores today. Here is a list of some of the offers, krispy kreme celebrating coffee weekend. Free cup of any size today through sunday and dunkin doughnuts one medium large or extra large and get one free. Petes coffee, 7eleven, great deals. You know who is not participating, though, starbucks. Instead they are changing their menu boards to kind of give customers an idea of where the coffee comes from, so no free coffee there but you can get a little education, i guess, on what youre drinking. Cheryl i really only wanted the coffee. Tracy, thank you. Happy National Coffee day. Tracee yes. Lauren enjoy, everybody, shares of roku soaring on first day of trading s this the next snap debacle or success . Ford pushing the price down with new luxury pickup truck. We will tell you what you get for nearly 100,000, we will be right back. Can i kick it . Yes you can can i kick it . Yes you can can i kick it . Yes you can well im gone if they knew just howers rich they were. Ed the average American Home value has increased 40,000 over the last 5 years. But many dont know you can access that money without refinancing or selling your home. With a home equity loan, you can pull cash out of your house for anything you need home improvement, college tuition, even finally getting out of credit card debt. Come to lendingtree. Com to shop and compare home equity loans right now. Because at lendingtree, when banks compete, you win. Lauren happy friday, lets get you caught up on whats happening now. Department of immigration and Customs Enforcement said it conducted raids this week and arrested nearly 500 Illegal Immigrants living in sanctuary cities across the country. Raid referred to as Operation Safe city took place over four days in cities throughout the u. S. Another rock slide, latest slide, injured one person and sent the huge white dust through the valley floor, all of it coming a day after a giant slab of granite plummeted from the same formation injuring a climber. 2018 Super Duty Limited pickup made debut at the state fair of texas, weigh more than 30,000 pounds, also use cameras and sensors, heated seats plus heated steering wheel. Cheryl i was doubtful at first but sign me up. Shares of rok soaring nearly 70 . Lets bring the guy himself. I know that you have been following the ipo, good morning. Good morning, cheryl. I might like the truck more than roku even for 90,000. Roku was on fire yesterday and speaks to different that he means, animal spirit from earnings that you and i like to talk about, theres a lot to like in the market and then all of a sudden you bring tinny device that suddenly enables you to stream movies and channels at a fraction that costs here in my case in new york city where i spend 150 bucks a month. A lot of different themes. Cheryl a lot of talk that they underpriced ipo. They opened up at 14 a share. They priced at 14, they opened auto5. 78, you have analysts that they missed an opportunity here because it really is a hotter stock and this is not snapchat. No, its not snapchat and thats important because Revenue Growth is actually pretty strong with this company, they dont make money, though, like snapchat, they dont yet make money, so you would like to see that. Theres certainly a pathway for them to make money and thats because they actually have a couple of different Revenue Streams which is important. The actual hardware itself, you know, the little tinny box that plugs in tv that is 40 bucks, they sell ads on the platform, they collect money from that and channels play to be on. There are three different ways that roku can make money and growth was up 90 . Unlike snapchat, theres a pathway to profit. Cheryl certainly interesting. Real quick before you go, i want to get your take on the market, today is last trading day, last month of the quarter and september is surprising everybody, dow is up about 2 , s p up about 1 and a half percent. What do you make of the numbers youre seeing . Yeah, well, september is typically the worst month of the year. Up 2 , i will certainly take it. This speaks of what you and i have been talking about. Two e, earnings and employment. We have the most number of americans and the highest percentage of americans working in 16 years. I like the market. I do believe we are going higher and i do not believe that tax reform has found its way to the market. That adds another 5 to 10 . Cheryl i would add a key, that would be trump. Dont forget the super 150. Cheryl we are test driving it. Lauren buying and driving. Coming up not one player took a knee. Thursday night players, they stood and locked arms during National Anthem and the home team dominated. Rush limbaugh telling sean hannity that protests can affect the future. What impact is amazon having in europe, we will take a look. Youre watching fbn am. Hi, im the internet you know whats difficult . Armless bowling. You got this, jimmy you know whats easy . Building your website with godaddy. Pick a domain name. Choose a design. You can build a website in under an hour. Now thats a strike get your domain today and get a free trial of gocentral. Build a better website in under an hour. I love you. So new touch screens. And biometrics. In 574 branches. All done by. Yesterday. Banks arent just undergoing a face lift. Theyre undergoing a transformation. A data fueled, security driven shift in applications and customer experience. Which is why comcast business delivers Consistent Network Performance and speed across all your locations. Hello, mr. Deets. Every Branch Running like headquarters. Thats how you outmaneuver. Cheryl rush, here is what he told sean hannity last night. I woke up after president made comments and i am looking at the way the media is covering it and whats intended, they hijacked the game. The left has hijacked this game. It used to be a place you would go to escape all of this. Cheryl once a devoted football fan. From now on hes going to play golf on sundays. At one point he was potentially going to buy an nfl team. Hes that much of a fan. He never does Television Interviews that. Lauren very rare interview. Week four of the nfl season kicked off last night in green bay. Cheryl jared max is here with all of the highlights. Jared good morning, happy friday. It was the 195th meeting time between classic teams, packers and bears. Each team won 94 and 6 ties. Unbroken a link of arms between all the players on the packers and the bears, both sidelines, no players kneeled for the National Anthem. Everybody linked arms. All packers fans were encouraged, invited by aaron rogers to link arms as well, some did but only a few. First quarter green bay comes out flying at the gate with aaron rogers connecting, sacked by matthews, 75 of them sets up rogers second touchdown. 140 green bay. Noar nature took over, game was delayed 47 minutes because of thunder and thunderstorms. Third quarter, adams crushed, referees said didnt merit game rejection, he gives thumbs up. Hospitalized for head and neck injuries. Also running back montgomery with broken ribs. Green bay wins with it. Final days of baseball regular season. Then later in the game here, listen to this how it went. To the left and the onslaught continues. Sixth player to hit 59 homers in a season. New york yankees lost to rays last night. The yankees have been having one heck of a one time when players hit home runs. Mock press conference in dugout for the guy who hit home run using baseball ie dems as props. Aaron judge hits 51, look, they are setting it up. Yankees lost 9 to 6. Its time for the cardinals to fly south for the winter, st. Louis has been eliminated from playoff contention. Cubs beat the cardinals 21, knocked st. Louis out. Nba making change to cater for fans. Fans complained that its unfair that they pay premium prices, the nba board of governors making sweeping changes in the nba, reforms to cater to the fans. Teams prohibited from resting healthy players for any highprofile nationally televised game and any violation constitutes potentially 100,000dollar fine. Teams are not suppose to rest healthy players on the road and they have to be visible for fans. Cheryl i dont get that . Why cant a healthy player who is off the game be part of the team because the fans want to see, say its a hot profile player, you want to see them. Jared thats the whole point. Late in the season certain teams, san antonio teams really started the trend but they are looking to the playoffs, we are going to rest our players because we need to playoffs, what happens is, youre a fan and paid the premium to see the best. Theres only a few, you wanting to see lebron, lebron is taking the night off. I put down 300 bucks for a ticket, the nba wants teams to have stars there. Cheryl got it. Jared they are fixing it up to avid tanking. Cheryl have a great weekend. Jared you too. Lauren jared sports reports 24 7 on siriusxm channel 115. Cheryl we will find out what amazon is doing overseas. We will be right back. Sfx road noise sfx tires screeching sfx horn honking daughter daddy we dont say words like that just let your love flow like a Mountain Stream and let your love grow lauren retail ice age largely attribute today amazon right here in the u. S. Cheryl reva from the wall street journal says things are changing over there as well thanks to amazon. Yes, Amazon Effect was primarily considered a u. S. Phenomena for a long time because the u. S. Has a lot more physical space for stores, overmalled compare today europe but that seems to be changing recently. European Retail Stocks have been really underperforming this year, lagging the wider index and people are really kind of worried about the pressures as amazon expands globally and other kind of similar players online. Theyve really been putting a lot of pressure on brick and mortar stores, mall operators across europe and in australia as well. Lauren as we wrap up the month of september and Third Quarter today, u. S. Stocks on a tear, the dow this quarter is up over a thousand points, how are global stocks doing . Global markets have also done pretty well. Europe was lagging due to dip in august, thats come back in the last month. You have seen europe and japan doing better than u. S. , a lot to do with recovery in the dollar which has taken pressure off of overseas indices. Cheryl have a great weekend. You too. Lauren thank you so much for joining us on fbn am, lets say happy friday to Maria Bartiromo. Mornings with maria starts now. Hey, maria. Maria thank you so much, good morning to you, happy friday, everybody, thanks for being with us. Im Maria Bartiromo and it is friday september 29th, top stories right now 6 00 a. M. On the east coast. Touting tax reform, President Trump will push his plan to overhaul our countrys tax code as he meets with members of the National Association of manufacturers today in dc. Vice president mike pence highlighted the administrations plans while speaking in detroit yesterday. Just as you heard yesterday when President Trump announced his plan for what will be the largest tax cut in American History and we are going to get it done. [cheers and applause] im happy to tell you that help is on the way right now because under the leadership of president donald trump, we are going to cut taxes across the board. Maria more on push for