Joe biden have another blunder. And now other kernels had been counted. American spent 48 billion shopping online and now amazon wants to be there from start to finish. Its monday, august 12 fbn am start right now. [music] it is monday good morning to you and thank you for joining us. A lot of coffee on this monday. You will need this market check coffee. There was a decline of 140 points. S p down 14. A lot of chatter about global Interest Rates. The negative in some parts of the world could that happen here. Where 1. 7 loss of four basis points. They are trying to diversify themselves oil is down one half percent. Over to asia. Hong kongs airport canceling remaining flights today are starting to see a hit on the economy there. Lets take a look at how stocks are trading in europe. The dax in germany gaining. With a big week ahead. It will really start to give investors of the inside of the impact of the trade war. How is it affecting you. We are getting a look at Consumer Prices tomorrow. Housing is coming out on friday. Stocks fell last friday after the president said that trey talks in china and washington may not be held. Trade tensions wrapped up next last week. Goldman sachs things that will happen. There are raising concerns that the u. S. China trade war could cause a u. S. Recession. Theyve also lowered the Fourth Quarter growth forecast. Larry summers also raising concerns about the help of the health of the u. S. Economy. If youre looking at the weight markets have behaved. If you look at measures of Business Sentiment that we are probably at the riskiest moment in terms of recurrence of recession that we had been in since the financial crisis. The cost of the administration current policy. Hes also accusing google of a share in the Artificial Intelligence committee with the chinese military. Google has its major ai research lab. Is that working directly not working directly with the chinese military. This is blackandwhite with the constitution. Google has hasnt responded to the interview. The company does not work with the chinese military. The Prison Guards assigned to keep watch on Jeffrey Epstein were working maximum overtime shifts. Ahead of his apparent suicide. With the latest on the autopsy results. In the Conspiracy Theory surrounding his death. There are a lot of Unanswered Questions surrounding his death. Many are asking how it could happen he was in federal custody. There are reports that the guards assigned were working maximum overtime shifts due to a staffing shortage. He died at the age of 66 on saturday the millionaire financier was well known for his connections. However prosecutors allege that he have a dark side. He was accused of trafficking young girls for years. Days later he pled not guilty. Some two weeks after that he was found unconscious in the cell and what is described as a Suicide Attempt would get this. The 60s after this. Many people are asking why he wasnt more closely monitored. I think the president wants everything to be investigated. You do hear different people asking questions and they want to know who else was involved. Attorney general bill ball bill barr said he was appalled to learn about his death. The medical Examiners Office performed an autopsy on sunday. The 2020 democrats take into the political soap soapbox at the iowa state fair. They cast some corn kernels. Joe biden comes out on top. What democrats had to say when they are on the fairest stage. The pole is not scientific. That is in spite of the recent string of the gaps. The democrats wrapping up a whirlwind weekend of some serious barnstorming at the iowa state fair. Some democrats pushing gun control we are going to make public colleges and universities in america tuition free we need to cancel student debt. We have to be the party that says yes we are experiencing global warming. And we can do something about it. Some iowa caucus goers a little skeptical when they found out the two of them dont eat meat. The fact that weve been sending trillions of dollars on these wasteful wars of the have made us less safe they have undermined our National Security they have taken an incredible toll on my brothers and sisters in uniform. Bill deblasio. Cant escape those issues at home. In bill we trusted in iowa he fails new york. Democrats are staying in iowa for a couple more days on the campaign trail. Several of them Holding Events all across the state. The Gun Rights Group is finding a new law that requires city contractors to disclose all business ties to the organization. They try to freeze out the corporate supporters. A federal judge is scheduled to hear arguments from both sides today. Tracy joins us with the detail. Protest continue in hong kong. Demonstration also planned at Police Headquarters today. In russia protesters gathered a mile away. 50,000 protested over a general anger of the general direction of the country. President Vladimir PutinsApproval Rating dropped it has been rebounded. Protesters taking to the streets to protest. They gathered in at least 60 cities. In new york as was reportedly arrested at an amazon store after refusing to leave. The activists were calling for the tech giant to cut ties. Ups retaining close ties with amazon according to Morgan Stanley they had close to 10 of the revenue from amazon. And thats whats happening now. Wait until amazon gets their Delivery Network up and running. The dow is down 118. The s p down one and three quarters. Were also watching one of our top stories for you this morning. We will go inside the jeffrey epson death investigation. Theyre now on the case more importantly who the victim to oversee justice. Youre watching fbn am. [music] whos dog is this . Its my special friend, antonio. His luxurious fur calms my nerves when im worried about moving into our new apartment. Why dont we just ask geico for help with renters insurance . I didnt know geico helps with renters insurance. Yeah, and we could save a bunch too. Antonio fetch computer antonio . Ill get it. Get to know geico and see how much you could save on renters insurance. 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. carrying up to 50 times its tbody weight. Essly marches on. It never questions the tasks at hand. But this year, theres a more thrilling path to follow. father kids. Change of plans vo defy the laws of human nature. At the summer of audi sales event get exceptional offers now the department of justice is going to investigate an apparent suicide of Jeffrey Epstein. Or does the case and go from here. Lets bring them in with some expert insight. Weve already heard now through media reports that several lawsuits are going to be filed probably starting today by some of the lawyers representing the victims. Theyre using the new new york law that goes into effect on wednesday that says up to a year you can file a steel a civil lawsuit. Now that Jeffrey Epstein as dad their neck and in the seat the opportunity. Now the remedy is a civil remedy. There is a new york law and effect. A lot of facts will come out during that. Epstein will not be there but all of the evidence we have seen come out from other cases hopefully there will be some sense of injustice with those. We dont know what the das office is doing. His british social socialite companion. Do you see criminal charges coming up against him or may be some of the rich and powerful that have now been named. Its a big list. As you said there has been implication there is can be criminal investigations now. Now we have a lot more information that comes out through the civil lawsuits. He was prosecuted because information came out from a civil lawsuit. You will see more criminal investigations. Now there is can be a hardline prosecution to seek justice for these women who have been deprived. Thats what we saw so many crazy conspiracy theories over the weekend. He says he wants an investigation into mcc. He was on suicide watch. He was supposed to be checked every 30 minutes. The facts came out. I was actually saw shocked at the way mcc handled it. This is clearly a person that had tried to attempt suicide and one that shouldve been at high risk for Suicide Attempt. Every factor about the mcc oversight is beyond disappointing. We could see some accountability on behalf of it. Thank you misty. Universal has decided to cancel the risk lease of that film. Every year a bunch of the league kidnap a bunch of folks like us. Movie is about wealthy elite that it was said to open september 27. The concerns about where we are with the trade war currently underway. Not a dream, not an imaginary tale. How chase delivered a miracle over some of its customers. Scientists are bringing in cats in humans even closer together. Youre watching fbn am. How would you like to wake up and find that your Credit Card Debt is all but disappeared. Thats what happened to chase customers in kinde. They closed all the accounts but they were still taking payments. There can of forgive all outstanding balances. Theyre not for sure how many people held cards. Christmas came early. The rising trade tensions between u. S. And china. The u. S. Economy President Trump trump keeping pressure on beijing. Thousands of companies our leaving because of the tariffs. China might be helping a friend democrat to win so they can continue the great ripoff of america and the theft of hundreds of billions of dollars. This just isnt about trade any more. What is this about david. Its a complete reset of expectations. This is likely the decoupling of the two largest economies on the planet. That might be the path that we have to go. Even Goldman Sachs and the other places there realize when i can get a trade deal before 2020. It was to push it towards the election if he wants to be there on the other side of the aisle. Its a card that has worked pretty good for the last couple of decades. She met. In the meantime do we get a recession. Im not on board with that at least here. Clearly around the world that we are seeing global growth. You have a negative gdp number come out of britain. Likely because of brexit. Am i might go into the night that these arent challenges going forward. You and i can debate whether this is a better path may be a better and negotiating paths was to bring in our ally. I think present trump is correct when he said someone had to do this. Someone had to draw the line and say we have to go down this path. A lot of democrats because you were just saying the president of china once a deal with the democratic president has said. What he has been doing for decades just isnt fair. What china started to realize right now is at those supply chains are moving the mentor who is the president. If you are ceo and you can appoint in a new factory in china you are can you think a lag aloud and hard about keeping that capital committed there. When we talk about supply chains walmart has a lot of them. Its a Great Company i will probably reenter the name. We are stepping out in front of the portal. Well had to take a look at the report this week. Thank you very much. Cheryl, over to you. We have some red arrows on wall street. The dow is down 121 in the premarket. Coming up big weekend in iowa with protests and a lot of talk about gun control. Some are grasping for their last breath. Could negative Interest Rates to be a be a real thing in this country. What that could mean for you and your mortgage. Keep you here on fbn am. We trust usaa more than any other company out there. They give us excellent customer service, every time. Our 18 year old was in an accident. Usaa took care of her car rental, and getting her car towed. All i had to take care of was making sure that my daughter was ok. If i met another veteran, and they were with another insurance company, i would tell them, you need to join usaa because they have better rates, and better service. Were the gomez family. Were the rivera family. Were the kirby family, and we are usaa members for life. Get your Auto Insurance quote today. Former Vice President is having a tough time on the campaign trail. They choose truth over fiction. Then he said poor kids are just as bright and talented as white kids. I watch to see what happened to those kids that were at parkland. He was thinking of the 2012 shooting. Tiana, good morning. We havent seen a big impact and he said this is joe being joe. Hes get a make more mistakes. Is it still the safe bet for the dems. If joe biden and did it did it when this presidency he would be older on Inauguration Day then Ronald Reagan was on his last day in office. This is also the same candidate that over a decade ago called the president morocco america. Is it a senior moment or uncle joe being uncle joe. This might already be be baked into the cake. Now the democrats havent jumped on it. Elizabeth warren has a new plan to combat gun violence. Is this the issue that will propel at the democrats. They certainly cannot run on the economy. The issue is if you do want to win back those pivotable states the language that some of them are using its clear they dont even understand basic distinctions about assault weapon bands and what ever. Unfortunately that lack of new wants both in the media and among the politicians just does not lend itself will to the working really well. He said the banning assault weapons works. He was asked about what the democrats need to do listen to his response. I dont see anyone on the stage right now that could take present trump one on one. If the Democratic Party things that joe biden is going to be of the model what they need in the general election they have another thing coming. I dont even know if his opponent has declared yet. You have to watch a whole raft of potential. The democrats number one focus is 2 feet donald trump. Do the democrats need to bring it back some old voices to kind of propel the message forward. In the post me to era the Hillary Clinton candidacy is that on arrival. Was someone like Michelle Obama she has incredible wide spread appeal. If you look at any of her public statements. She has made it clear she does not want to be in politics. Im thinking more along the lines when you made the comments about bringing them on to the stage. Michael bloomberg threw a little shade over to Elizabeth Warren over the weekend and basically told her look, if my company wouldnt be successful we want to be here today. What did you make about those comments. Thats all she does is go after corporations and billionaires. People are willing to make the trade off of he may say things that are unsavory about minorities but if minorities are better off at the end of the date because theyre coming home with more money in the pocket thats a good thing. They cannot run on the economy but they will just keep going after the rich. Think you very much. Tesla ceo has made up his mind about who he wants to be for president. I support yang. Universal basic income. This is what they seem to agree on. Each american would have a thousand dollars every single month. The plunge in u. S. Government is raising the possibility that bond yields could turn negative right here in the u. S. Mark, good morning. Negative yields could actually happen right here in the u. S. I would not rule it out. I think the lessons of the past decade had been a lot of things can present themselves. That we would thought were impossible. It is possible but i think it is a long journey to get there. In the United States particularly when we continue to be really in the strongest performing economy in the world by some measures. I sought one point 59 last week how low do you think it goes if they stay above zero. How low do you see it going if it stays below zero this year. With each move lower the Federal Reserve cut Interest Rates that could lend some stability to that essentially people are looking at the tenure as a proxy on the health of the economy if the fen throws more ammunition into the game then i think that that lends some stability. I would be very shocked if we got below 1 . Lets talk about that ammunition coming from the fed. What is the impact of that on the economy and the consumer. We began to see that it appears that we have seen the peak in rates already. That means that the promised promise land of higher returns on savings was never really reached. A bank rate we do aggressively remind people that it doesnt pay to shop on. The same goes for borrowing. With the average credit card rate for while qualified borrower at 18 one quarter of 1 move lower in the benchmark it first rate. There is still a long way to go before you see a big move lower in credit card rates. Weve a 3. 6 30 year Mortgage Rate now refinances up 12 in the last week. The Housing Market is having problems that are really unrelated to the low cost of borrowing. And of course we had been here before. Were only saying these are down to the lowest level in three years. We are probably neck in a sea of the Housing Market take off because of these low rates. Thank you so much for joining us this morning. The story is for you. Krispy kreme is launching Delivery Service in 20 states and i can get hot fresh dons right to your door but you can only order in the dozens. Now you can you can get them with all all of the pesky cereal. A buck 50 abag. They are back. The famous spicy Chicken Nuggets back on the menu today. The best part is that they will now hit the restaurants a full week earlier than originally announced. Chickfila is starting today is offering mac cheese nationwide. This will feature a special blend. You know thats can be amazing. That was a nice food segment. National security adviser john bolton is in london to talk iran. Can he convince Great Britain to toughen up on china especially. The Norwegian Airlines are apologizing for leaving a woman stranded and then charging her for it. Well had details on fbn am. 2,000 fence posts. 900 acres. 48 bales. All before lunch, which we caught last saturday. We earn our scars. We wear our work ethic. We work until the works done. And when it is, a few hours of shuteye to rest up for tomorrow, the day well finally get something done. the day well finally get something done. Dear tech, lets talk. We have a pretty good relationship. Youve done a lot of good for the world. But i feel like you have the potential to do so much more. Can we build ai without bias . How do we bake security into everything we do . We need tech that helps people understand each other. That understands my business. Weve got some work to do. And we need your help. We need your support. Lets expect more from technology. Lets put smart to work. Bad karma caught up with a catchup thief. The thief wrote after sealing the stealing the catchup someone crashed into their car and they been having bad luck since they hope to two new bottles. Hines makes you do crazy things in honor of your good catch up karma with like to help you with the car damages. All is forgiven. What a nice story. Taking a look at u. S. Stock markets. Trade concerns still there. It is on 109. Taking a look at asia. The japanese market is actually close today. Youve a little bit of a gain in shanghai. All Flights Canceled to hong kongs airport. A slight gain in germany. John bolton is in london for talks with the British Government jane, i think his comments might be received pretty will since it looks like britain is can need the United States. Theyre wanting to have a trade deal with the u. S. The previous Prime Minister may said that they have could go ahead and be part of the new system in the uk. There is a lot of question marks about what theyre going to do with that push back there. We are watching the british pound ground dash my compound very closely here. It has stabilized this morning. Between the yuan in china. In the dollar in the pound. Theres a lot of volatility. There is a volatility. Its really up there on this one. It probably has to do with weakness in the economy. Also because it has plummeted. Is there to be a no deal at brexit. Or not. The Prime Minister said he is willing to push it through as a no deal. Business in the investors are really nervous about that. As you pointed out in one of the reasons for that is new that the opposition. They want to have that very early in september. The u. S. Migration deal with guatemala could be in jeopardy. Weave a big election. They are electing a new president overnight who wants to change their migration deal with the u. S. Conservative securing a land slide victory. The president elect tells thus that he wants to improve the dealmaking. The agreement means that migrants who apply for asylum must stay in guatemala instead of going to the u. S. Its not right for his country he takes office in january. Chuck schumer wants the fbi to sign off on body armor sales to civilians. He proposed new legislation following the mass shooting and date ohio where the killer was wearing body armor. They would not apply to a lot and for spent personnel. No Norwegian Air issues of apology. An 82yearold wheelchair woman off of the causing her to miss our flight making things worse. The airline then forced the woman to pay for a new ticket almost 500 they have reportedly issued a refund. And launched an investigation into the incident. The airline issued a statement to fox news saying it sincerely apologizes for the situation which never should have happened they went on to say that some Services Like kindling wheelchair assistance is contracted out. Thats whats happening now. That would be awful. Coming up simone biles taking her all around gymnastics title. How she made history with her by her routine this weekend. And have you ever done any drunk shopping. One company once adjoining for the entire right from start to finish. Keep it here on fbn am. At synchrony, were changing whats possible every single day. With technology that helps you offer shoppers a better experience. Take your companys app. We can add in all sorts of capabilities, which help your customers manage rewards, offers, and payments on the fly. And now, applying for credit can happen in a flash. That way, more people can start shopping with you on the spot, wherever they are. Hows that for changing whats possible . To the wait did frowe just winners. Prouders everyone uses their phone differently. Thats why Xfinity Mobile lets you design your own data. Now you can share it between lines. Mix with unlimited, and switch it up at anytime so you only pay for what you need. Its a different kind of Wireless Network designed to save you money. Save up to 400 a year on your wireless bill. Plus get 250 back when you preorder a new samsung note. Click, call or visit a store today. Simone biles great to say that name again. The olympian made history last night. Jared max here with the story. She wins the title all around once again for the fifth or sixth time. Never before have she done this. In fact nobody had. Of the tripledouble. Three twist into flips. Here is the tripledouble. First ever to accomplish this feat. She won the allaround title by nearly five points. And also in the vault. The tripledouble amazing. The ryder cup in toronto. Unfortunately the day did not end so well. Serena had to retire through the opening set trailing threeone against the 19yearold bianca and dressy. Serena, a painful loss. Thank you for letting me come out here. And thanks to my team. Its been a tough year but we will keep going. The americans won gold in the fencing competition. They decided to kneel during the national anthem. His teammates stood. He tweeted we must call for change. Action possible could come against him for consequences. He cannot demonstrate like this at the such competition. He can get out and get the run after the second flag. Simone biles the triple double. Its next to impossible. Thats all i have to say. You can check it on the fox news sports report. We have weave a lot more coming up. Amazon wants to be a part of your entire boozy experience. We had details up next. It could be the answer to relationships all over the world. 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. Who used expedia to book the Vacation Rental which led to the discovery that sometimes a little down time can lift you right up. Expedia. Everything you need to go. 5 56 in the morning. Amazon once he gets even more involved with the booze. Your dreck dash mike drunk shopping is on tap. Weve all been there before them is on taking full advantage of this. Amazon inseam from cisco has applied for a Liquor License so now they are to be serving alcohol, beer, wine delivery and also at their stores. Its enabling anybody who gets drunk and buy stuff. The average person spends 400 a year buying things when they are drunk on amazon. They know exactly what theyre doing. There should be good news for meritage dash mike marriages and relationships based on cats. No reason for them to not get that anymore. It will make humans not allergic to them anymore. Its huge when it comes to relationships. I could currently tell you of a marriage thats having trouble because of the cats presence. With cats and dogs you have your roles in the beginning. But then animal sleeps with you. And then animal cant be on the couch and then that happens. This is a business story. That vaccination will be used around the world. They think two to three years it will be able to be implemented out there. My relationship will be safe. Clearly i am not frequently drunk but i do make a lot of purchases i dont remember. Totally. Mornings with maria starts right now. It is monday, august 12, your top stories at 6 00 a. M. Eastern. U. S. China trade turmoil Goldman Sachs warning the risk of a recession is rising due to the ongoing trade battle and then a deal is not expected to happen before the 2020 election. This was following a week. They all finish to the downside. Protest escalates in hong kong. All Flights Canceled after demonstrators have another set in at the airport. Peter calling for google to be investigated by the u. S. Government. They want to know if the tech giant has been infiltrated by china. Mornings with maria starts right now. We have a big show at this of this morning. Joining the conversation. Richard fowler, good morning