Everybody gets a ribbon. A classic board game is getting a socialist makeover. Its friday, august 23rd and fbn a. M. Starts right now. Dont listen to a word i say. The screams all sound the same. The truth may bury this. Ship will carry our body safe to shore. Lauren. Cheryl welcome to fbn good morning. Im cheryl casone. Lauren good morning. Happy friday. Im lauren simonetti. Cheryl lets take a look at how your money is moving this morning as investors turn their you attention to fed chairman jay powell. Later this morning, jackson hole, 10 am eastern time. The. Laurenlauren weve seen the y. The 10 year is at 1. 64 right now. Cheryl as tensions in iran continue, but supply a big story here in this country. Its been an interesting week for oil, especially with the dollar so strong. Were actually about flat right now, up two cents. Lauren three months of protests in hong kong, more set for today and this weekend. Is that affecting the asian market . The hang seng gaining half of 1 , the shanghai also up half of 1 . Cheryl weve got green arrows across the board in europe this morning. Lauren the world is watching and that is the pressure on jay powell. President trump ramping up his attacks on the Federal Reserve chairman once again ahead of his highly anticipated speech later morning at the feds annual summit. The president tweeted this, the economys doing really well, the Federal Reserve can make it recordsetting. The question thats being asked, why are we paying much more in interest than germany and certain other countries . Be early for a change, not late. Let america win big, rather than just win. Cheryl investors are weighing different signs of a possible Global Economic slowdown as the u. S. Prepares to ramp up tariffs in the trade war with china. September 1st is right around the corner. Here is what white house Economic Advisor larry kudlow had to say about the economy last night. We dont believe in the recession talk. I think the economys very strong. I think the consumers are leading it. I think we had a lull in manufacturing and business cap ex but the evidence is showing theres comeback. Cheryl be sure to watch varney and co. This morning at 9 00 a. M. Eastern time, theyll have all the breaking headlines from powells speech. Lauren larry kudlow said americans could see more tax breaks ahead of the 2020 election. You might even see tax cuts 2. 0, which would drive additional tax relief and create additional tax incentives for middle class folks, for blue collar workers, for small businesses. Additional incentives, additional tax cuts. And you might see that during the campaign, to be perfectly honest. Lauren theyre trying to keep the economy revving. Kudlow said the white house is not looking for any near term tax cuts. Cheryl there could be a new tariff threat for us to deal with, this time on the United States and in particular u. S. Tech companies over President Trumps trade policies. European officials reportedly want a fund that would invest more than 100 billion in socalled high potential european companies. Direct competition, folks. Those firms would compete against tech giants like amazon, google, facebook, apple, even microsoft. This 173 page plan also calls for potential tariffs on the United States and weve seen of course the eu go after several of our Technology Companies from a legal standpoint as well. Lauren conveniently the g7 is this weekend. Hong kong blohong kong protesteg have a human chain linking hands across the city. Protesters are looking to recreate the demonstration that took place across three former soviet republics on this day back in 1989. 2 Million People linked hands in a protest known as the baltic way in demand for independence from the soviet union. Hong kong organizers are hoping to form a 20mile human chain, scheduled to start in a couple of hours. Cheryl youtube shut down more than 200 channels it said are spreading dis information about the protests. This decision after the suspension of hundreds of thousands of twitter and Facebook Accounts that were tied to the Chinese Government and those suspensions happened earlier in the week. Lauren patrick burn never shied away from controversy and his decision yesterday to resign as ceo of overstock. Com is raising plenty of questions. He released a Statement Last week saying he had an affair with a russian spy. He followed up yesterday by saying he was becoming a distraction to his company. In a lengthy interview on bulls and bears, he claimed he received fishy orders from former fbi official peter strzok. I only figured out last time who sent me the request, it was peter strzok, on behalf of three officials, im just identifying now at x, y and z. They werent named to me. I identified them to the law enforcement. I believe theres a massive federal investigation that is going to turn up. There was political espionage conducted through a number of different venues against Hillary Clinton and against rubio cruz and trump. I know for a fact. I know other people who were involved. It was my honor to help the men in black then. It was the third time they came to me and i got some requests. I didnt know who the hell it came from. And it was fishy and three years later im watching television and i realize who it was. It was peter strzok and andy mccabe. Lauren he said he was leaving overstock in a Perfect Place and he is not getting chased out of his company. Shares of overstock jumped 8 on the news he was resigning. Cheryl lets talk about hps ceo dion wiseler, stepping down, we have learned. He said he had to leave over Family Health reasons p. Hes going to be replaced by Enrique Lorez who has been with the company for 30 years. He will take control november 1st, working with a transition period. Lauren tesla reportedly put together a covert operation last year to replace Solar Panel Parts that could catch fire. It was called project titan. It would send crews to fix faulty panels. Walmart said they got solar panels that recently burst into flames on the roofs of several of their stores. Walmart is suing tesla over those fires. Cheryl lets talk about shares of boeing p. This stock got a big lift yesterday amid signs of the companys trouble 737 max, is returning toward a return to service. Boeings stock rose 4 after reports said the faa could conduct a certification flielt flighflightfor the jet in four x weeks. That would be a huge milestone in their efforts to return the planes to service. The stock is up more than a dollar in the premarket, a gain of more than a quarter percent. Lauren it helped the dow yesterday. Some other stocks were watching this morning, sales force rallying in premarket trading by 6. 3 after the companys revenue estimates for this Current Quarter and the full year topped the street expectations. Earnings came in above forecast. And take a look at gap shares. This is the other direction. Shares tumbling after the companys same store sales missed the streets estimate as old navy shares fell 5 . Old navy was a bright spot for e gap. We will get the latest retail earnings from foot locker when they report later this morning. Cheryl well, switching gears, the probe into the death of Jeffrey Epstein and that you suicide continues. Lauren Tracee Carrasco joins us with the details. Good morning, tracee. Tracee 20 jail workers have been subpoenaed as officials investigate why he was left alone and unmonitored in his cell where he ended up killing himself. He epstein had been taken off suicide watch 11 days before his death and was supposed to be checked on by guards every 30 minutes. President trump is headed to the g7 summit tonight where World Leaders are gathering this weekend in france. The president will be joining leaders of britain, france, germany, italy, japan and canada. First on the agenda will be the global economy. The president has been touting the strength of the American Economy as other economies suffer a slowdown. Major League Baseball players banned from playing in venezuela. The league is no longer allowing players to play in venezuelan professional baseball leagues during the off season. The move is in response to President Trumps executive order to freeze all assets from the government of Nicolas Maduro and cut off transactions with venezuela. And an nba star is awarded the president ial medal of freedom. Basketball legend bob ksse received the nations highest civilian honor. He played for the Boston Celtics from 1950 to 1963, won six nba championships and later went on to coach. The allstar told the president only in america could my story have been told. And thats whats happening now. Lauren i think he said im the luckiest sob. Congratulations to him. Cheryl all eyes will be on jackson hole this morning and that speech, that address at the symposium, the fed symposium from jay powell. The s p is up 12 andahalf, nasdaq up 44 and three quarters. Investors are looking for a rate cut in the september meeting from the fed. President trumPresident Trump hn throwing down the gauntlet against jay yo powell. Do you think the fed chief will cave . Well talk about it coming up. We have unclaimed funds from a nigerian prince, we need you to help us get that. How the government is looking to crack down on one of the oldest scams out there and the nonstop, annoying robocalls. Keep it here on fbn a. M. Four zero Expense Ratio index 7 7 78 maybe ill win saved by zero lauren a new deal to help put an end to annoying robocalls, carriers including at t, verizon, tmobile and sprint are getting together with attorneys general from every state in the country, promising to prevent the calls from even ever getting on their networks and investigating where the calls are coming from. The agreement is voluntary. It does not have a deadline but hopefully a solution to so many of us out there. Cheryl the chairman of the Federal Reserve, jay powell, going to be in the spotlight today at the feds annual symposium in jackson hole, wyoming. It really is all on powells shoulders. Todd horowitz is here. The markets really looking for a quarter point cut for the september meeting. Are we going to get any blockbuster out of jay powell today that would change our minds . Good morning, cheryl. You know, i think the market might be looking for a little bit more. I think with all the pressure that President Trump has been trying to put on jay powell, i think the street is looking for more. A quarter point was already basically baked into the cake as they say. So i think that theyre looking for more and if they dont get more, you could see a little bit of a selloff. Weve been sparking a higher high here and running almost on a daily basis. I think if he doesnt do better or doesnt indicate theyre going to go at least three to four rate cuts over the next year, that could create some heartburn for some people. Cheryl we got the minutes this week and that showed that i mean, the language i think that we got from the minutes show that not everyone was onboard with cutting at all and a quarter point was actually a gift to the market. Im wondering if market expectation a little higher than what powell can actually deliver, especially today, when he knows that everyones going to be listening to every word that he uses. I think typically the march he get does overanticipate on the upside and they oversell it on the downside. I think youve got some overanticipation. Remember, cheryl also markets are extremely thin right now. Its the end of summer. Theres not much going on. It takes very little to move these markets in a a big direction. I think for chair powell it may kind of he resist and not say things that might lead that theyre going to cut more, just because he is supposed to be independent. Thats always questionable whether the fed is independent or not. That is one of the big problems. Again, thats an issue thats out there. Cheryl i disagree with you about a quiet summer. I think this summers been anything but quiet. I point to larry kudlow and the president this week on multiple programs and in front of cameras and microphones talking about the idea of middle class tax cuts, payroll tax cut, capital gain tax adjustment, thats been back and forth. Larry cu kudlow came out and sad ahead of the 2020 election, you will likely see, he said it on fox business, you will see a middle class tax cut. The market i think would like Something Like that. I think the market would love that. How are they going to get it through congress . Congress wont get away from trying to impeach the president , let alone do anything that would actually help the american people. Congress is more worried about impeachment, not worried about running the government the way its supposed to be run. Theres so many issues that are preventing this president who really has the best interest and wants to go forward. Cheryl todd horowitz, its going to be a big morning. Were going to be watching all of it on varne varney and co. Thank you so much. Lauren the Justice Department indicted 80 individuals who are a accused of conducting a business email scam. The emails allegedly came from the princess of nigeria. The nation has been a hot bed for email fishing scams for years. 11 people were arrested yesterday. It is not clear whether the knee Nigerian Government will extradite the individuals in custody to the United States. Still ahead, a warning from hackers, why you may not want to shut your blu tooth why you t to shut off your blue tooth right now. And what happened when one guy tried to get rid of a wasp nest on his roof. Pretty incredible video. Keep it here on fbn a. M. Im free. Free falling. Yeah, im free. Our 18yearold was in an accident. When i called usaa, it was that voice asking me, is your daughter ok . Thats where i felt relief. Were the rivera family and we plan to be with usaa for life. See how much you can save with usaa insurance. See how much you can save 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. At comcast, we didnt build the nations largest gigspeed network just to make businesses run faster. We built it to help them go beyond. Because beyond risk. Welcome to the neighborhood, guys. There is reward. Beyond work and life. Who else could he be . There is the moment. Beyond technology. There is human ingenuity. Every day, comcast business is helping businesses go beyond the expected, to do the extraordinary. Take your business beyond. Cheryl there may be too much radiation coming off your iphone. Tests show the iphone 7 is putting out hour radio frequency radiation than is legally allowed. This is according to the chicago tribune. Theyre denying. They say the lab where the phones were tested by the tribune doesnt run the same kind of tests as the tech giant does at its facility. Unclear what kind of effect this exposure would have on you. If you want to keep your data secure, lets go back tour phone. You should probably turn your bluetooth off, the warning from hackers is out. Theyre saying someone can tap into your connection when youre using it to transfer data. If youre using it for music or audio the risk isnt that high. Lauren economists are warning about a a he slowing worldwide economy. The u. S. China trade war not helping matters. And Harvard University economist Carmen Rinehart said the unrest in hong kong could trigger a global recession. Lets see if Riley Walters agrees. Is hong kong the Tipping Point for a global recession . I mean, its no surprise that regional and global economies are slowing down right now. Whether hong kong could be the Tipping Point i think is a huge what if. Theres a lot of what ifs around hong kong right now. What if Mainland China invades . What if protests continue for another year . A lot of what ifs. But if we look at the data, we are seeing a global slowdown right now. I think a lot of that hinges on the u. S. Economy and what were doing at home. Lauren okay. Our data has been relatively positive, at least as it relates to the consumer. But yet this backdrop, and you were talking about all the what ifs in hong kong, but you have to admit that whats going on for three months now in hong kong is a bad look for beijing and how they respond, could that not affect any trade deal with the u. S. . I think the white house is going to try and separate any trade deal from the talks. Now, i mean lauren you think . In actuality, yes. When it comes to rhetoric and tweets, they tend to combine these things and doesnt really help but certainly as we progress with trade talks, theyre not going to talk about hong kong, the future of hong kong, because its not their place. As things escalate in hong kong, that will have an effect on trade talks. But im not saying that theyre going to try and combine the two. Its like saying were going to negotiate our National Security concerns away with our trade concerns. Its not realistic. But looking back at what the effect it is having on the u. S. Economy and how that applies, certainly the Congressional Budget Office just came out with a report saying that tariffs are harming the u. S. Economy. Its a cost of 600 a year for the u. S. Family. Lauren and theyre hurting the chinese economy. Bloomburg out with a survey and they found if there is retaliation next month by beijing when we slap import tariffs on chinese products, that could push the chinese economy to grow under 6 . Its the weakest growth there in 30 years. Well, theyve been growing theyve been trending that way for a long time. Theres a lot of questions about whether they are trending at 6 anyway. But yeah, of course. I mean, tariffs hurt everyone. They hurt us when we apply them and when the chinese apply their own it hurts them. Lauren riley, not to interrupt, but i want to get a lot in. What could an immediate trade deal with china, what could that look like . I think what it could look like is a big question. I think what the effect it could have is be he very positive for both our economies, positive around the growing sentiment, growing uncertainty thats been building over the last two years thats been having a negative effect on both of our economies. Lauren which makes me wonder if we should just sign or agree to something and then figure it out from there. Anyway, Riley Walters, thank you for your time. Thank you. Cheryl tensions flairing over record wildfires in the amazon. Brazils president blaming the fires on environmental groups, seeking to embarrass him. The groups in turn blamed his support for farmers using the land for pasture. He also accused frances president of using fires for political gain after macron called the fires an International Crisis on twitter. This is important. The forest produces 20 of the worlds oxygen and they have seen more than 74,000 fires this year alone. And then check this out. A man in alaska tumbled off his roof trying to get rid of a wasp nest. You can see the guy hit the nest with a a snow shovel, hes freaking out. He loses his balance. He fall toss the ground, goes down facefirst. He is freaking out but he wasnt stung, he says. Its a great video and its gone viral on the internet. Lauren im scared just watching it. Lets take a look at how your money is doing this morning dow up 87, s p up 11, nasdaq up 40 of course ahead of a speak by fed chair, jay powell. Coming up, Bernie Sanders wants to save the world and hes ready to spend more than anyone else doing it. Were going to break down his Green New Deal and why he wants Oil Executives criminally prosecuted. And tradeing in the race car for the hammer, how a classic board game is getting a socialist makeover. Keep it here on fbn a. M. Hip to be square. Its hip to be square. Its hip to be square. So hip to be square. Um. You dont know my name, do you . laughs nervously of course i know your name. I just get you mixed up with the other guy. Whats his name . Whats your name . Switch to geico®. You could save 15 or more on car insurance. Could you just tell me . I want this to be over. 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. cheryl as we close in on the next round of democratic debates, 13 candidates in San Francisco today for the dnc summer meeting. Skipping the meeting, joe biden, who is in New Hampshire where the environments become a big story. Local voters blame Climate Change for economic problems theyre dealing with. Dncs meeting temporarily interrupted yesterday by protesters that demand a debate centered solely on Climate Change. Then enter Bernie Sanders. He unveiled a 16. 3 trillion Green New Deal, calling for a Climate Change national emergency, shifts the u. S. To Renewable Energy completely by 2050 and holds the fossil industry, fossil fuel industry accountable for what he calls criminal activity, hes talking about oil execs. Lets bring in tiana lowe. Good morning. Good morning. Cheryl this Green New Deal by sanders, 200 billion, swears it will pay for itself. 20 million jobs. He also wants to give 200 billion im sorry, of the trillion, 60. 3 trillion, 200 billion to help poor nations deal with Climate Change. Yeah, lets give 200 billion to other countries. Tiana, your reaction to this thing . I mean, this achieves the exact same nothing as alexandria ocasiocortezs Green New Deal but at least its 16 trillion as opposed to 93 trillion. You know, this is just another way to nationalize yet another industry, just in the same way that medicare for all would nationalize onefifth of the American Economy via healthcare. This would nationalize the entire Energy Industry. It does less to ameal i don toe problem of Climate Change than joe bidens proposal. It would call for a moratorium on the production of Nuclear Energy facilities. It doesnt discuss with china or india and it believes it can glean money from the existing Energy Industry that has fairly limited market cap. This cannot pay for itself under any economic logic. Cheryl he wants to go after Oil Executives and charge them with criminal activity, which im not even going to b honor that idea. Thats gotten ridiculous. You brought up joe biden. Hes in New Hampshire. James freeman is talking about biden getting better, what were seeing the Biden Campaign do, first off, hes in new ha new he and hes going more for the moderate voter. He seems to be focused on electability. James freeman says thats a better strategy than bernie with 16. 3 trillion with Climate Change. Biden knows where his bread is buttered. He cant offend the unions and the working class. You dont get voters by talking about nationalizing the entire Energy Industry and by threatening to lock up executives. Cheryl when it comes to the healthcare plans that weve gotten from several candidates, whether its Bernie Sanders or Elizabeth Warren or kamala harris, were finding more and more that even likely democratic voters once they learn what medicare for all is, 80 say no thank you. We saw it happen in colorado back in 2016 and that was a Bernie Sanders single pair healthcare plan. The democrats, i think this idea logical shift were seeing is becoming heir apparent titanic in the middle of the dems. Bernie woul, carving out a sl exception for unions, realizing he wont get the union vote and it undercuts the case for the medical for all. This is full benefits. He thinks were going to have the profit and the revenue stream to continue the research and development thats carrying Global Medical advancements . We will not. Cheryl i will say, likely democratic voters, theyre wising up to Bernie Sanders. Youre seeing his numbers dropping. Biden Still Holding steady and Elizabeth Warren gaining on biden. Its still fascinating to watch and a lot will happen in San Francisco today. Tiana lowe, thank you. Lauren a federal Appeals Court dealing a major blow to progressives, ruling that president ial electors have the right to vote for the candidates of their choice. Democrats have been trying to promote state law thats would force them to vote for the National Popular vote winner instead. The system has come under fire most recently from he congresswoman alexandria ocasiocortez. She called the Electoral College a racist scam that needs to go. Of course, she caught heat for that from american farmers. You wont collect 200 bucks for passing go in this monopoly game. The classic game of unbridled capitalism getting a socialist makeover. Players can contribute to projects like no tip vegan restaurants and an allwinners school. The game even caught the eye of ted cruz who offered a few of his own suggestions on upcoming games. Possibly a russia, ussr edition and east german edition. Cheryl back to capitalism, the real business of your money and look at wall street this morning. Dow up 85, were pulling back a little bit but, again, were going to be hearing from fed chairman powell today and investors are seemingly positive. Youve got the s p up 10 andahalf, nasdaq up 38 andahalf right now. Youve heard about fake meat. Now fake fish, fake eggs. Theres a new trend thats catching on for your dog. The details coming up. And we have said this before. Were going to say it again. Adulting is tough. But one schools got you covered. How you can learn to be an adult. Youre watching fbn a. M. Teenage wasteland. Always teenage wasteland. Teenage wasteland. Oh, yeah. Teenage wasteland. Le 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 . Cheryl americans spent 30 billion a year on pet food. Thats led to a bowl full of options for your dog. Even the current plant based meat trend is going to the dogs. Wild earth is launchin launching meatfree food, yes, for your pet. Lets bring the man behind the innovative product. Ryan joins us via skype. Good morning. Good morning, cheryl. Cheryl i know its 2 40 in the morning in california. Thank you for staying up or getting up, whatever happened. We have never seen pet food, dog food, thats vegan based. I know that mark cuban is like the main backer behind your company. Whose idea was this . So it was my idea. I kind of looked at the current Dog Food Market and realized it was a mess. And so when i looked at the quality of the protein, it wasnt good protein. I thought is there a better way. I looked at a lot of the trends happening in the human food space with clean, high quality protein and decided to make wild earth pet. That was really the vision. So to make a high protein but clean protein made with plant based product. Cheryl youve got your critics that say that dogs in particular, they need Animal Protein and youve got blue buffalo, youve got other whole food meat based dog foods that are on the market. Thats become a multibillion dollar market in and of itself. What do you say to critics that say a dog actually needs Animal Protein. I basically say they need protein. It can come from animal based products, from plants, as long as you have the right amin amy o acids that make up proteins, thats what you need. We know what helps dogs survive and thrive and thats what weve added with our team of scientists and velle veterinari. Cheryl lets talk about the business itself. What are your goals and where can our viewers buy this if theyre interested . Are you going the online route . Are you trying to cut deals with some of the pet food stores, petco, for instance . Whats the plan and whats the pricing . Pricing is were 25 for a smaller bag, 65 for a larger bag. You can actually find us online, direct to consumer. We launched this week. Were available nationwide at wildearth. Com, one word, wildearth. Com. We will also retail in select outlets starting in september. We have a distributor, were distributing across the u. S. March cuban has been a huge help with that. Hes an iconic entrepreneur across the u. S. And has helped us get up and running really quickly. Cheryl how did you get involved with mark cuban. I have to ask. How did this relationship start . It actually started on shark tank. Cheryl thats what i thought. A couple months ago i pitched mark and all the sharks. By the way, all the sharks ate our dog food and so this is part of this is part of the point of having really clean protein. Its something that i challenge the ceo of blue buffalo to eat their own dog food. I will and i have many times. Will they . Right. I think thats really what were trying to get to. This is really clean. If you wouldnt eat it yourself, why would you feed it to your pet. Cheryl i love shark tank. Thats one of the reasons i watch the shoasm good watch the show. Good luck. Keep us posted. Cant wait to see how the food performs. Thank you. Lauren we do have breaking news. The kremlin says that putin, russian president vladimir putin, wants Russian Military to take exhaustive measures to prepare for a reciprocal response to the u. S. Cruise missile test. Putin also says he doesnt want russia to be drawn into an arms raise. We will continue to arms race. We will continue to monitor that story. Strong storms right here in the northeast, will they ruin your weekend plans . Senior meteorologist janice dean live in the Fox Weather Center with the forecast. Janice hi, ladies. We had strong storms not only in new york city but parts of the midat lain particular, back through the midatlantic, back through plains states. Lots of damaging wind reports and its all because we have a cold front thats bringing temperature five to 10 degrees below average for parts of the great lakes and you can see its kind of centered here and thats where we see the potential for strong to severe storms again today across the high plains as well as the midatlantic region. Theres your future radar. We could see a few stray showers in the new york city area this morning, then things clear out for a beautiful weekend. I must tell you, over the next saturday and sunday, temperatures will be in the 70s. Also, real quick, area of concern were watching the tropics off the southeast coast. Happy friday, ladies. Cheryl janice dean in the weather center, janice, thank you. Lauren still ahead, robots are heading into space. We have details on a new bots mission into the final frontier. And fast food fight is getting cheesy. Why kfc is throwing down with mcdonalds. Be right back. Everybodys got a 00. A hungryheart. Everybodys got a hungry heart. You lay down your money from the 5am wakers, to the 6am sleepers. Everyone uses their phone differently and in different places. Thats why Xfinity Mobile created a Wireless Network that auto connects you to millions of secure wifi hot spots. And the best lte everywhere else. Xfinity mobile is 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 buy an eligible phone. Click, call or visit a store today. Cheryl the futures here. Rusrussias space agency sent a life size robot to the united nations. Its part of the testing of a new rocket system. The robot will monitor and report on conditions during the flight. The movements of the robot are limited so it doesnt accidentally damage the aircraft. It will have Artificial Intelligence so it can act and move on its own. We shall see. Lauren we shall. Lets get you caught up on Global Market action. Wall street is seeking clarity from jay powell when he speaks in wyoming later this morning. They might not get it. Futures still up, dow up 78, nasdaq tacking on 35 this morning. All three major averages up at least 1. 2 this week. In europe, stocks also optimistic. French president Emmanuel Macron will meet with the Iranian Foreign minister this morning on the eve of the g7. What can they do to save the nuclear deal struck back in 2015 . And the bond market has been on fire recently as investors weigh the odds of a Global Economic slowdown. We ask, has the bond market rally gone too far and we ask that to jane foley, the senior currency an lis analyst at rabo. What do you think. We have seen evidence that maybe it is. Interestingly, we had a historic auction of german 30 year bonds with no coupon, no Interest Rate return. It didnt go too well. It did coincide with slightly better than expected Economic Data from germany that day. But really if the economy continues to deteriorate, i think bond yields can go further lower. Lauren we havent bottomed out just yet. We have the g7 upon us. President trump, jane, is poking at some of our european allies and now we have this report from politico saying that europe is drafting plans to put tariffs on the u. S. To boost European Tech giants. What do you make of it . Well, i think theres a couple of stories here. The first is the technology story. Yes, of course europe does lag the u. S. By long margin in terms of investment into technology. It makes sense for europe to want to try and pick up itself and do something more an that front. I dont think thats unusual. The more interesting story is about the tariffs. Now, europe is worried that trump will turn his attention to europe and talk of more tariffs on european goods. Thats a concern. The German Economy is weakening significantly. Theyre trying to come up with plans, what will they do in reaction to what is connecte cot expecteexpected to be more trads on this front. Lauren have a a good weekend. Thank you. Cheryl after a horrific shooting that shook the nation, walmart set to reopen its store in el paso, texas. Lauren in a very different way. Tracee carrasco has the details. Tracee the El Paso Walmart where the deadly shooting happened will reopen with a memorial to the victims. Officials say the store will be renovated and have an area that pays tribute to the shooting which left 25 dead and 22 others injured. A spokesperson said reopening the store will be a testament to the strength and resiliency that characterized the community in the wake of the a august 3rd shooting. The store is expected to reopen in three to four months. Dale earnhardt jr. Announcing his return to racing. The nascar icon will be behind the wheel at nascars race at darlington speedway on august 31st. This race just two weeks after dale jr. And his family survived a fiery plane crash. The 44yearold had retired from fulltime racing in 2017 and has moved into the tv booth as an analyst. Hasbro adds peppa pig to its lineup for a big price. It is a 4 billion deal, all cash. Entertainment one is known as e1, has a group of preschool brands including peppa pig. The deal brings with it content, Film Distribution and music operations. And the fast food wars continue. Mcdonalds is looking to take on popeyes and wendys with its own spicey chicken sandwich according to business insider. The spicey barbecue sandwich and tenders are expected to be released in september. And following chickfilas introduction of macaroni and cheese to its 34e7 menu, kfc is stepping up its game, adding the macaroni and cheese bowl, available starting august 26t august 26th. Lauren i cant wait that long. That looks yo amazing. Tracee one week, thats all. Lauren three days. Cheryl weve got a lot more coming up. Do you sometimes feel like being an adult is hard . Theres a school ready to help. Were going to explain. And you know, being an adult means you work hard, you get tired. Well, you dont feel like doing the laundry, maybe. But guess what . A new study could change your mind on that. Well be right back. I will wait, i will wait for you. Okerage accounts. And zero minimums to open an account. At fidelity those zeros really add up. Maybe ill win saved by zero whos going to work for the working man, work for the working man. Cheryl would you believe that doing chores can actually be good for you . Lauren Mike Gunzelman joins us with more. Are you good at chores . Im terrible at chores. Researchers found out that doing chores and just like low intensifies i call activity can actually make us live longer and its actually really beneficial for our health. They looked at 6,000 people throughout the course of a good amount of years, five plus years and found that just about doing 24 minutes of this type of activity can help us live longer. So they say you dont have to go to the gym for an hour. They say its important to get that out there. You dont just sweat bullets. You can do things like walk the dog, mow the lawn. They say cooking and just moving around is so much better and more beneficial than doing nothing. Which is true, obviously. But i dont think people really think that oh, if i mow the lawn thats going to be helpful. They say literally about 24 minutes or so can actually add years to your life. Lauren folding laundry . I dont know how to do that. Im not good. Lauren a lot of kids dont know how to do stuff like that. You can learn in college, you apparently. I had mixed feelings on this but i think its a good idea. University of california berkley is one of a lot of colleges adding classes on adulting. Millennials and gen zers, we have no idea thousand be an adult. When i went to class i had to learn about philosophy and stuff. Now they teach you about how to do your taxes, how to cook, pretty much thousand be an adult which pretty much how to be an adult which is practical and matter. Lauren the problem is the parents that arent teaching the kids how to do those things. Its an entitlement society. In the past, parents would have taught this. Now, were clueless. Cheryl mitch rochell has two sons in college and they had an hourlong conversation to learn how to use the laundry machines at school. They had no ideas. Put the quarters in the machine to do laundry. Lauren they still use quarters in college. I would think it would be smartphone enabled. Mike, thank you. Happy friday,. Cheryl thats it for fbn am. Maria happy friday, thanks for joining us. 23rd. What to it expect and what it means markets . China trade battle to deal with. The impact of u. S. Restrictions is less than sears, Telecom Giant with u. S. Sanctions in place. What he says, former fbi official peter strzok told him to do. Mornings with maria begins now. Maria joining the conversation, gary b