It today. The president alleging that tins of billions of doll d tens of alleging tens of billions of dollars may have been misspent. This is bulls and bears and im kristina partsinevelos. Thanks for joining us. The president israeling out on Elijah Cummings handling of baltimore and suggesting it may be time to investigate potential corruption there. President trump the most of unsafety in our country is baltimore. Its received as much money its received billions of dollars. Somebody said 15 billion over a short period of time what Elijah Cummings is in charge of it. He ought to take his Oversight Committee and find out what happened to the 15 billion and a lot of the other money. Kristina peter you spent a lot of time in baltimore and worked as a university professor. How do you feel about the attacks. They are not attacks if they are the truth. The most of recent mayor resigned in may over a kickback scheme. The city is in terrible condition. When you start driving north to where i used to broadcast from, wbal in baltimore, you go through some devastated neighborhoods. My University Business school, i would teach at the edge of devastated areas. Baltimore is corrupt, its filthy, its in terrible condition, and its a living example of what aoc and Bernie Sanders want to do to us. Its social democratic nonsense. Its being run into the ground just like chicago. You are right. I appreciate the perspective and i have been through those areas myself. Its not far from d. C. Off i95 and a good area of the country where you think it would thrive. But to christinas question, these do come down as a tax because of the delivery. Thats the sad part for me. I have no doubt trump wants to help this area as well as other urban areas. But the way the delivery is made ends up hurting the problem and turning it back on the president and how hes talking about it versus the actual problems that need to be dealt with, giving democrats like mr. Coupling to fight back and take the focus off himself. The mayor, those guys get some of scotfree because of the delivery. Hes part of a group who has called the president illegitimate and a thief since his first days in the white house. The democrats began his presidency by raising the rhetoric and undermining his credibility. How much of that abuse could you have put up with. I continues put up with the abuse that man has tolerated. Elijah kusming worrying about discrimination on wall street. He ought to look at what his social engineering has become in baltimore. It has become a sewer at his expense. Kristina governor, you heard the comments from our familiar, and peter is saying its need and highlighting the situation in baltimore and how its been daughter laso and how its bn dire. When hes attacked hes in your face. It doesnt matter where you come from or whether you are republican or not as you have saw from the primaries. This is the president , this is his m. O. , hes not going to change, this is his personality, this is his leadership style. But to the extent at least at some point we can begin a real debate about reforming Baltimore City schools or the fact we have so many uncontrolled drug gangs in ball more city. We can start that conversation in a real sense at some points its a positive. Obviously right now, its a democratic primary and impeachment. But at some point weve tried with the Baltimore City schools. We tried to save some Baltimore City schools because the kids were being deprived of their constitutional rights. They said stick it, get out of here, well take care of our own dysfunctional schools. To this day the schools are still dysfunctional and those kids are being deprive of their constitutional rights. The president races something that should be looked into and she calls him a race yifort. Again this is a horrific term. Its as bad as life gets when usual called a racist. But they are normalizing it. We have to have a discussion on race without getting racial. We have to touch on touchy subjects, and failing Public Schools without everybody getting hyper sensitive and racial. We are talking about the next generation of kids. I dont want to see them fail the way we failed the previous generations. They called george bush a racist. George bush 42. Its losing its impact as they normalize it. Baltimore is corrupt, but its not like its the most of corrupt city. South dakota and wyoming are considers more corrupt. They may not be the most of corrupt. It reminded me of my boy hood in new york in newark, new jersey. Baltimore is in terrible shape. I want to ask the governor. Is the president playing politics . He could be lashing out against other corrupt cities. But Elijah Cummings is the chairman of the Oversight Committee. Its aggressive questioning. A nonpolitician president playing politics here . I dont think hes playing politics. This is his m. O. When republicans were his oh points, it was low energy jeb and little marco and it was in their face. It doesnt matter what your color is or where you come from. When you take on this president , his m. O. Is to hit back hard. To make Elijah Cummings is head of the Oversight Committee and targeting him politically. Isnt this retribution . Whoa its a response from a president who doesnt indulge in usual hypocrisies. He doesnt indulge in call me a racist. He never will. Like him or not, support him or not, hes not going to indulge being called a racist. Kristina governor, i have a question. I was looking at an earlier fox local report, it gets to the points to jonathon was bringing up, attacks, you dont want to call them attacks, to Elijah Cummings. This is a view of baltimore and you will see whats going to pop out on the screen. But the point im trying to make is what jonathan brought up. In 2017 you have 342 murs. You have these continuous situations, however, can we just blame one party . Can we blame one man or does this extend way before . I need a who show to talk about about. But the fact of it is, its been a monopoly can. More money, more money. It goes back to in my humble view, bad Public Schools and fatherlessness. Kristina thank you so much governor erlich. Apple shares are rising after an earnings beef. Should we be worried about the Services Sector . Well break down the results right after this quick break. Stay tuned. When i walked through a snowstorm for a cigarette, thats when i knew i had to quit. For real this time. Thats why im using nicorette. Only nicorette gum has patented dualcoated technology for great taste. Plus intense craving relief. Every great why, needs a great how. Its something we take personally, and believe in passionately. Its the idea that if our mothers were diagnosed with cancer, how would we want them to be treated . Thats exactly how we care for you. 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But there is improvement in china for the first time in many, many years they got in the market for weaker iphone sales in china. But from june to september, they say they are looking at reflation and Apple Services will hold up. Revenue did come down for iphones, but they are i producing new handsets in the second quarter. Maybe they are anticipating more interest in iphones. Well be looking for the 5g rollout in 2020 which may boost out more interest. But china is back better than what they see, given the chinau. S. Trade war they are in. I asked about the sentiments, thats probably the biggest thing. Its about consumer sentiment. Chinese stimulus has helped consumers and they spent a little bit more as well. I think china was a key for them. Lets bring in dave blainey for more. What do you make of apples results . A couple of things. On the surface it remains one of the worlds most of amazing companies. Tim cook is incredibly good at what he does. But the big picture, if you look at where the Company Wants to go. It wants to build areas of its business where it does not have the proprietary Pricing Power or the originality or inspirational please buy me product features it does in other areas. I think it will be challenging. We just heard from tim cook on the e call. The apple card will roll out next month. Mac ipad sales are growing as well. So as you mention, they are trying to find growth in other areas. Especially when iphones are not selling at the levels they used to. But those areas arent in areas where they have a world beating product. That is not markedly different from spotify. So its not the same as when you have devices in the jobs era or at the end of the jobs era that were unlike anything else you could get anywhere. Kristina the reports that would encompass 5g technology. Speaking of 5g, the acquisition of the intel property. What do you make of that and what hurdles do you think apple could face in the near future. That rollout is amazingly complex. Multi spectrum. Many different players. Charlie you are vine near denver d charlie urban wants to be a player in denver. I think it is going to be an important driver in device sales, but im not sure it changes or is any different for apple or anybody else to make devices. But i believe we are looking at 2 to 3 years out before any of us feels real differentiation in those services. Apple was one of the first to sound the alarm and the warning bell in terms of markets in china. But it doesnt sounds like we are hearing. Its a problem. Can we assume for the time being or until a deal is struck. Sales not just for apple, but for the tech industry, are doing okay . At first blush, i cant reveal a gigantic slice of knowledge. I wouldnt even call it an uneasy truce. I call it an uneasy ceasefire. Nobody is taking the draconian steps to say you are out of here or you are out of there. Thats generally good news. But there is our systems are so dramatically different i dont think you can assume two leaders as both countries now have are going to easily settle those things. I think that remains up for grabs. One thing i loved about apple and these product updates is the fact they are going up so much in price. Four figures. These phones out there that people are buying are 1,000. I got an iphone 7year. They have do ios updates and it kills the battery on the thing i loved so much. Now im forced to buy another phone. I have a 7year and i made a few of adjustments in my settings and my battery seems to last forever now. You dont have the iphone 7, my friend. And scott, i dont know. It sounds like you are not buying the new iphone . No. Or apple for that matter. Thats the reason to buy it. People will be forced to buy new phones if they keep doing the ios updates because of the battery issued. Chinas trade is not hurting apple just yet. But President Trump is sounding off on china today as trade negotiations resume in shanghai. But hes talking tough. Could that tough talk be hurting negotiations . Well ask curtis ellis after this. We all feel, we all love, we all cry. Its part of being human. Sonoma county declared a homeless emergency in 2018. You have to know the individuals youre serving to understand their needs. Working with ibm watson we can bring together data spread across dozens of departments. That gives us a fuller view of the people we serve. Dear tech, dear tech, we need to look after everyone in our community. And we want to help our fellow human beings. Kristina trade negotiations resuming today in china as President Trump sound off on the possibility of make a great deal. President trump well make a great deal or no deal at all. They had a terrible deal because of tariffs. China is dying make a deal with me. Its up to me, its not up to them. Kristina curtis, its great to see you. The president said he thought china was going to wait it out for 2020 because they dont want to negotiate with him and see whats happening in the election. But today he says they are dying make a deal with me, its up to me, not to them. He shouldnt care. The tariffs are having the desired effect. 50 Major Companies are moving out or have plans to move out of china. Their economy is singing fast. 27year low. Exports are down 2 and down 12 . And china is bearing the brunt of the effect. We dont need china. China need us. Meanwhile our economy is strong, record low unemployment, wages are rising. We are hitting on all cylinders while their stumbling. We dont need a deal with chieba. There is a report out that china is trying to interfere in our elects. They started with the tariffs on farmers, putting advertising inserts into the des moines register. They are doing everything they can to influence the outcome of next years election because they know people like Sleepy Joe Biden has been bought and paid for by the chinese would probably roll over, remove the tariffs and go back to business before. Do you have any proof of that . You said bought and paid for. Thats a big statement without any proof. Hunter biden went over to china with his father when he was the Vice President on air force two, magic all when he returns he gets a billion and a half dollars from the bank of china to invest in a hedge fund when hunter biden had no experience in investments. And the technology is being used in chinas concentration camps. Biden said we have nothing to worry about. Maybe the check wasnt written to biden, but this is how influence works. Clinton was tough during the campaign but they used his wall street advisers to turn him around so he said lets build a bridge to the 21st century that will go through china. Well open up trade with china and they will become democratic, we dont have to worry about tienanmen square. I think you made your point. But the tariff have hurt china. And companies are leaving. Some of that was going to happen anyway because of their rising labor costs. Trump hasnt gone far enough with this trade war. I am much more of a hawk than you are and you know that. But hes creating a situation where the presidency can wait him out. And this is going to be a liability in the election. The economy is slowing. We are not at 3 growth anymore. Company are not investing. And a good deal of that investment contribute to that uncertainty over the trade situation. Maybe we relistenned to you. We can give business certainty by making the 25 tariffs. That will give business certainty and there is a study out that shows if these tariffs were permanent it could increase american jobs. I dont know if i believe that study, though im in favor of the tariffs. He need to go first and harder. This notion of gradualism doesnt work. And as a consequence, you know, this notion that he can make friends with this guy, this notion he can buddy up to him and come to some sort of agreement. Have him to dinner. This is like trying to concert satan into christianity. This is a gore mediatorring tactic. My colleague on the other side. Here is the thing i think everybody is missing. I get it that the tariffs are a great a great souvenir for china. China has had expanding kraid rips with Southeast Asian countries which makes them a bigger player. If with we lose that relationship, we may they may not be as hurt as we think. Bob lighthizer is exactly right. Tpp was 12 more back doors for china to sneak its way into the united states. We are starting to see more investment in Southeast Asia as the Companies Move out of china. A lot of these are korean and japanese companies. The president talked about you lose money with trade with china. He says we are making all this money with tariffs. Would we be better off if there was no trade with china . I think our economic integration with china was a huge mistake. We built a frankenstein monster. We would be better off with the kind of posture towards china that we had towards the soviet union during the cold war. We had no business integrating our supply chain with human rights abuses. This is like trading with hitler. Another college scam, how wealthy parents are gaming the system to get Financial Aid meant for poor students. Most people think a button is just a button. That a speaker is just a speaker. Or that the journey cant be the destination. Most people havent driven a lincoln. Discover the lincoln approach to craftsmanship at the lincoln summer invitation. Right now, get 0 apr on all 2019 lincoln vehicles plus no payments for up to 90 days. Only at your lincoln dealer. Gimme two minutes. And ill tell you some important things to know about medicare. First, it doesnt pay for everything. Say this pizza. Is your part b medical expenses. This much about 80 percent. Medicare will pay for. Whats left. This slice here. Well. You have to pay for that. And thats where an aarp Medicare Supplement insurance plan, insured by Unitedhealthcare Insurance Company comes in. This type of plan helps pay some of what medicare doesnt. And these are the only plans to carry the aarp endorsement. Thats because they meet their high standards of quality and service. Review aarp Medicare Supplement plans and their rates in this free decision guide. Call United HealthcareInsurance Company or go online. Visit aarpmedsuppfacts. Com to request yours. Even apply online. Any time. Oh. Speaking of time. About a little over half way and theres more to tell. Like, how. With this type of plan, youll have the freedom to choose any doctor who accepts medicare patients. Great for staying with the one you know. Or finding. Somebody new, like a specialist. There are no networks and no referrals needed. None. And when you travel, your plan will go with you anywhere in the country. So, if youre in another state visiting the grandkids, stay awhile. Enjoy. And know that youll still be able to see any doctor who accepts medicare patients. Learn more with this free decision guide. Call or go online to request yours. Tick, tick, tick, time for a wrap up. A Medicare Supplement plan helps pay some of what medicare doesnt. You know, the pizza slice. It allows you to choose any doctor, who accepts medicare patients. And these are the only plans of their kind endorsed by aarp. Whew call or go online and find out more. Kristina those who have been watching the previous panel. We got heated. Peter made a comparison to you hitler. We dont like that language. An investigation how wealthy chicago students are qualifying for needbased Financial Aid meant for poorer students. Its actually what they are doing. They found a loophole where they can transfer guardianship of their mooner entering college. That person will be judged not on the Family Income but their own savings which is usually nothing. And they will be eligible for needbased aid. They having savings of 250,000 and a Million Dollar home but they didnt have enough money to send their daughter to college. And they got 65,000 in tuition for that year. Its not the parents coming up with the idea. You have the advisors, rick singer. Giving people after knew ofs and there is speculation there are advisors who have come up with this idea and are coaching parents to do this. Its legal, but is it ethical . There are people that really need the help. This person coming from the kind of household and setting i describe could apply for student loans. There are other options. Its heartbreaking. You set up a system and give people a way to. They are getting terrible education. We need to burn the system to the ground and rebuild it without government subsidies. I want call it heartbreak. I would call it enlightening that there are loopholes and parents took advantage of. I have got to put these colleges on the hook with respect to getting these kids good educations and jobs and more opportunities. They come out with liberal arts degrees. Yes, i took french in college along with economics. I think we have to ask another question. Given this alongside the admissions scandal. What kinds of environment are the universities creating through their price discrimination that cause of decents middle class people, a 250 income doesnt make them a 250,000 income doesnt make them donald trump. We dont know how much it was. We just know it was over 250,000. What is it thats motivating desperate people to seek these routes. I think the universities bear some culpability. To see the waste and abuse and frankly, the kind of price gouging that goes on. There is no reason for education to cost as much as it does. You just said they live in this castle. When there is as system, and jonathan, im paraphrasing. You will take advantage of the system which we see with income loopholes. You would be a fool not to take advantage of it. This has nothing to do with how wealthy you are. If you make 100,000 a year and you have three kid, they will still expect you to pay a lot of money to send the kids to school. And it will be burdensome. Pursuing this loophole is not expensive. And its been going on for generations. When i was a kid in the 50s people would find ways to declare themselves independent so they could get Financial Aid. Kristina its good that its finally coming to light. We are hours away from the first democratic debate in detroit. Its make it or break it. One former democratic mayor. Hmph. food grunting menacingly when the food you love doesnt love you back, stay smooth and fight heartburn fast with tums smoothies. Tum tumtum tum tums with tums smoothies. Dto experiencer gthrilling performance. Now, at the lexus golden opportunity sales event. Get 0. 9 apr for 60 months on all 2019 models. Experience amazing at your lexus dealer. My car insurance, so i only pay for what i need. And this is me now any physical changes to this mans appearance are purely coincidental. Only pay for what you need. Liberty. Liberty. Liberty. Liberty. Apple trading up 4 after hours, suggesting demand for apple products is now stabilizing. We are just hours away from the first night of the democratic debates in detroit. Former democratic chicago mayor rahm emanuel sending a warning to democratic candidates, dont make detroits debates a repeat of miami. Advising candidates tonight not to fall into the trap by following progressive trends way ahead of policy. There is one study showing the Green New Deal would cost households 70,000 in just the first year, transitioning to electric vehicles and high speed rail would call households 20,000. Is rahm right to be concerned about how these policies are playing in ohio and michigan . I think he is. Its one of the things he has done right in my opinion. Here is why, though. Hes current in the sense it would be great to focus on real issues and things that are attainable and down the middle which will help democrats in the long run. The problem with the candidate out there and given the field is so large. The candidates need to come out with home run balls. With some of these grandy owes plans. Thats where you get the headlines and the notations and comments. Because of the fact a lot of these candidates because of the fact there is such a big group of them need to merge. So to me they are going to keep doing that and well see a lot of that tonight and tomorrow. They need to start standing out because they will fade away. They are defending progressive ways or progressive suggestions. Didnt you just contradict yourself because you said they need to focus on a moderate position. How are you supposed to do both . I probably did, yes. Longer term they need to do that if they want to beat trump next november. There is another chicagoan, Daniel Berman said make no small plans which have no magic to stir mens souls. They are putting out enormous huge spending plans. When it comes to the Green New Deal, the progressives the more it costs, the more they love it. They have an optimistic vision for america. If republicans want to counter. They need to counter that, too. The reality is mr. Trump promised to do something about healthcare. While he has taken some initiative, they failed to accomplish that. Three, six months from now hell bear the burden of an economy thats growing 2 to 2. 5 per year, not 3 . He doesnt have big idea to put out there on a lot of these issues, and hes going to be in trouble if they move to the middle. Kristina targeting the personal information of 100 million americans. If you are a customer, how concerned should you be . If your gums bleed when you brush, you may have gingivitis. And the clock could be ticking towards bad breath, receding gums, and possibly. Tooth loss. Help turn back the clock on gingivitis with parodontax. Leave bleeding gums behind. Parodontax. And my side super soft . Be firm . With the sleep number 360 smart bed you can both. Adjust your comfort with your sleep number setting. So, can it help us fall asleep faster . Yes, by gently warming your feet. But can it help keep me asleep . Absolutely, it intelligently senses your movements and automatically adjusts to keep you both effortlessly comfortable. Will it help me keep up with him . Yup. So, you can really promise better sleep . Not promise. Prove. And now, save up to 600 on select sleep number 360 smart beds. Plus no interest until january 2022 on all smart beds. Only for a limited time. Capital one is the latest victim of a massive data breach. It was compromise by an alleged former amazon employee who was able to access the information stored by capital one. Investors are concerned about this. But should consumers be concerned . Often we see stocks and the reaction is an overreaction. You can look at equifax, i it regained a lot of the market cap it lost. Target, the stock has gone up quite a bit. Healthcare companies too. This is an inside job. Is doesnt look like it was completely the fault of cap one. This is important to a lot of people who have their information out there. Generally the question is do people care . I think they do care. But i think they have become desensitized. If she takes it and does something with it where you have a detrimental consequence. People care. Its just not that much they can do about it. You are vulnerable over and over again. When we have had a lot of these breaches most of he people have not been affected. I have to say, despite the fact the stock was down, its only back to where it was in early july. We have a lot to tell you, a story about delivery drivers and your food. You may want to make your own dinner after hearing this. Stayry tuned. But allstate helps you. With drivewise. Feedback that helps you drive safer. And that can lower your cost now that you know the truth. Are you in good hands . Content on their endless quest, to nowhere. S, run hopelessly in their cage. But perhaps this year, a more exhilarating endeavor awaits. Defy the laws of human nature,at the summer of audi sales event. Get exceptional offers now. Your daily dashboard from fidelity. A visual snapshot of your investments. Key portfolio events. All in one place. Because when its decision time. You need decision tech. Only from fidelity. You need decision tech. Termites, were on the move. 24 7. Roger. Hey rick, all good . Oh yeah, were good. Were good. Termites never stop trying to get in, we never stop working to keep them out. Terminix. Defenders of home. A disturbing new study shows one in three food deliver industry drivers take a bite of your food before they deliver the to your door. The survey you delivers for grub hub, and door app, and there are 500 drivers. Will this stop you knowing some man has dug into your food and served it to you . I ordinaryr order out i order out 80 to the oh of to 90 of my food. If they want to fake a spoonful of my food, if it doesnt kill me. I dont like food delivery services. I think we could save money and burn men calories if we picked up our own food. I know it happens in restaurants, too, but i dont want to see it. If you dont want to do that. Buy the frozen gourmets and you wont have to worry about the bacteria. Go to the food stores. Some like ordering sexy food they want to eat on the way to your house. Thats sexy food . Somewhats not sexy . Carrots. Nobody will touch your carrots and lima beans. Carrots in plastic bags. Jonathon is not sold. Hes delivering your burgers and fries for probably less than 15 an hour. If he wants to take a few fries it doesnt murder me that much. It doesnt mean that people are dropping dead from grub hub. You are not worried about germs . I am glad i know that now. Everybody will be sharing our food. They need to create packaging with safeguards because this is something that should be stopped. That it for bulls and bears. Thank you. Liz the first of two democrat debates starting in a few hours. Who staves, who goes and why. More Top Democrats growing increasingly anxious by the hour that the 2020 democrats represent a split party. The democrats ignoring the wakeup calls from america. America speaks. America reacting to the extreme ideas like decriminalizing border crossing. Eliminating private Health Insurance and giving free Health Insurance to illegals