Numbers leaked online, but how serious is the government about cracking down on big tech. It is thursday, september 5th. Fbn a. M. Starts right now. Lauren welcome to fbn a. M. Good morning. Im lauren simonetti. Ashley good morning, im ashley webster. In for cheryl casone. Lauren lets take another look at how your money is moving this morning. Trade talks are on, dow is up 229, s p up 23 andahalf, nasdaq jumping 85. Ashley the yield on the 10 year treasury coming in at 1. 5 , up 3 basis points. Lauren oil prices are trading at 56. 15 a barrel after a big rally yesterday. Theyre down 11cents this morning. Ashley lets take a look at whats been going on in asia this morning, the nikkei, shanghai, kospi all up, the hang seng down slightly. Lauren Political Drama in great britain, but the ftse is down. The dax is higher by 97. Our top story, Hurricane Dorian regaining strength overnight, now it is a category 3 storm, t threatening to make landfall in the carolinas are conditions are getting worse by the second. First, breaking overnight, a new rouna newround of u. S. China trs will be held in washington early next month. Ashley china agreed to a date in a phone call yesterday with u. S. Trade representative Bob Lighthizer and treasury secretary steve mnuchin. Trade talks have gone nowhere since late may. The trade war ramped up last sunday with new tariffs. President trump said he approved a meeting between senators danes and purdue with chinese officials earlier this week and the senators told mr. Trump that china would like to do something. Lauren well see. Hurricane dorian is taking aim at the carolinas after becoming a powerful category 3 storm once again. Storm surges and damaging winds are expected in the region. Ashley jeff flock is in South Carolina with the latest. Reporter good morning to you. We are just starting to get the effects of it here. Theyre very concerned in charleston. I dont want to get our team too far out into the wind here and into the rain, because we dont want to lose a camera this early in it. But i tell you, charleston is completely surrounded by water. What theyre concerned about is that the track of the storm continues to move toward the shore. That means the effects, the center of circulation gets closer and closer, we get closer to the most difficult effects of a category 3 storm. I dont know if our teams able to look up at the lights up there, maybe you see in the Higher Elevation how the wind is blowing as the light illuminates that here at 5 00 local time, shortly after 5 00 local time here on the east coast. As we said, charleston is surrounded by water. Theres an area that is surrounded by water by the two rivers, the cooper and ashley river and when you get a lot of rain and water here in a normal condition, you get flooding. If youve got a hurricane, you get more flooding. If youve got a category 3 hurricane, well, we remember that from hurricane hugo in 1989. I was here there. Were here now. Well be here throughout the day. Ashley jeff, thanks so much. Lauren speaking of lets go to the bahamas. The death toll there has jumped to 20 as thousands of hurricane survivors are seeking help in the aftermath of dorian. It smashed the bahamas earlier this week as the strongest hurricane ever to hit the highlands. Some are asking to waive visa requirements so they can stay with relatives in the u. S. Disneys ceo said his company will donate 1 million to the recovery and relief efforts there. Ashley more setbacks for Boris Johnson. His government has given up on efforts to block a bill in parliament aimed at preventing britain from leaving the eu without a deal. Johnson will have to request a three month extension to the brexit deadline if he fails to negotiate a new deal by october. Johnson says he opposes any extension. Critics say a hard brexit could create economic chaos for great britain. Lawmakers rejected johnsons call for a snap election on october 15th. That would be two weeks before the brexit deadline. Lauren campaign of maximum pressure continues with ran ira. The u. S. Offering several millions of dollars for an iranian oil tanker. It was seized by the u. K. But later released. The Financial Times is reporting the u. S. Offer was part of a policy known as wars of justice. The Trump Administration unveiled new sanctions designed to tighten irans oil exports and offering a 15 million reward for information on a shipping network. Ashley smack technologies is one of the stocks were watching this morning. Shares are plunging 12 following the first Earnings Report as a public company. They posted a big loss and expect a wider than expected loss for the first quarter. It includes over 8 million in credits after outages. Shares of malikrok also tumbling, following a report that the Company May File for bankruptcy due to opioid lawsuits. Lauren speaking of health, another person has died after vaping. Ashley Tracee Carrasco now with the details. Tracee. Tracee Health Officials in oregon say a person who recently died from lung disease had used an Electronic Cigarette containing marijuana oil. Its the second death linked to vaping nationwide and the first tied to a vapin Vaping Vaping p. Officials are investigating what exactly sickened the victim. General motors chief executive will meet with President Trump today, this is days after the president criticized gm on twitter for operating plants in china. The two are expected to discuss trade, ongoing contract talks and revising vehicle fuel efficiency standards. Meanwhile, representatives from the nations Top Tech Companies sitting down with government officials to discuss security ahead of the 2020 election. Executives from google, microsoft, and twitter met at facebooks headquarters with officials from Homeland Security and the fbi yesterday. According to reuters, the meeting focused on ways to avoid future threats with the first primary just five months away. And panthers quarterback cam newtons jersey says hes number one and so does his Guinness World record. Unfortunately, a few of your catches were not valid. But with 51 catches [cheerin] you are officialing amazing. Lauren newton set a new world record with 51 one dahanded catches in just under 60 seconds. The nfl kicks off the 100th season tonight as the Chicago Bears host the Green Bay Packers and thats whats happening now. Lauren i wouldnt be able to just catch a football with one hand like that. Ashley the guy has hands like catchers mitts. Lauren its like hes catching nothing. Ashley thats impressive. The futures this morning are getting a nice bump on perhaps a trade deal at least theyre talking, i guess. The dow is up 229 points. Still ahead, as we just said ready to sit down, the u. S. And china heading back to the negotiating table but with tensions running high will there be any breakthrough . Thats what Everyone Wants to know. Stephen colbert running the list of joe bidens recent gaffes and asking a very important question. Assured us, im not going nuts. Followup question, are you going nuts . Ashley question, will mr. Bidens response help him gain back some of his lost traction on the campaign trail. Have to see that storely. See that story. Keep it here on fbn a. M. Living in america. Got to have a celebration. Rock my soul. Be working harder. Thats why, your cash automatically goes into a Money Market Fund when you open a new account. And fidelitys rate is higher than etrades, td ameritrades, even 10 times more than schwabs. Plus only fidelity has zero account fees and zero minimums for retail brokerage and retirement accounts. Just another reminder of the value youll only find at fidelity. Open an account today. 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. hour 36 in the stakeout. The day well finally get something done. As soon as the homeowners arrive, well inform them that Liberty Mutual customizes home insurance, so theyll only pay for what they need. Your turn to keep watch, limu. Wake me up if you see anything. [ snoring ] [ loud squawking and siren blaring ] only pay for what you need. Liberty. Liberty. Liberty. Liberty. Ashley Hurricane Dorian taking aim now at the carolinas with high winds and storm surges. Lauren senior meteorologist janice dean is live in the fox weather center. Janice, im hearing two landfalls are possible. Is that true . Janice well have to see. The closest approach to landfall will be tomorrow around this time off the coast of North Carolina around cape hatteras. The impacts will be the same, landfall, all that means is the center of circulation comes over land. Its the lowest pressure point. Its for statistical purposes. Were dealing a direct hit for the carolinas with the strongest of winds and not only Tropical Storm force winds, Hurricane Force winds, but because we have these outer bands scraping across land and the rotation is there, we have the threat for tornadoes. These are tornado borne storms in parts of north and South Carolina. Atlantic beach, oak island and you can see the lightning strikes as well. So severe storms. The severe potential as the storm moves closer to land and those outer bands move in. Heres the future radar, so as we go through this evening, really close brush here with mirror the tell beach and wilmington myrtle beach and wilmington. The potential for landfall sometime tomorrow morning across the outer banks. That is just a point of reference. Well still feel the devastating impacts from its a category 3, a major hurricane. Well have the potential for 5 to 7foot storm surge which could be devastating for the area and the rainfall totals could be incredible for a short period of time along the vulnerable beach areas. Back to you. Lauren janice, thank you very much. Investors are gearing up for a major rally today as trade talks with china are on for next month. The u. S. And china agreed to hold a high level meeting in washington early october but the meeting is as nounsed days a after two announced days after new tariff hikes are in effect. Tori joins us now. These trade talks are relief for investors as were seeing in the Global Response this morning but to they actually move the ball forward when we talk about getting a real deal . I really think this is a good sign, but a slow sign. What has to happen, there has to be trust rebuilt between the u. S. And china. So far its been escalation nonstop. It would be a good move if the United States delayed or eliminated the remaining tariff thats are supposed to go into effect the rest of this year. Lauren there are more tariffs set to go into effect before the october trade talks. I know youre anti the tariffs. Bank of america and Merrill Lynch put out a report, they said amazon is likely going to have to increase prices unless they start to move supply chains fast or absorb more of the added costs for them. When youre shopping on amazon and prices go up, because of this china situation and the lack of a deal, that becomes a voter nightmare, potentially for the president. Lauren absolutely. Were talking about by the end of this year americans being subject to 600 per household in additional taxes because of all the tariffs this president has imposed. We cant forget this. These are taxes on the american people. The president said it himself, that he didnt want histories to affect consumers around the holiday season. Id like to see the administration roll back some of these next steps. Lauren in the meantime, beijing says according to their ministry of commerce, theyre aiming for, quote, substantive progress. Unfortunately both sides i think differ on what progress really means. Lauren absolutely. And really the big story here is that the tariffs are supposed to go into effect later this year, especially december 15th, are direct hits on consumer goods, especially clothing and shoes. Were talking about the most of those products ever hit by tariffs since the great depression. Lauren lets switch quickly here to hong kong, because it seems like the temperature was taken down a bit. Is that good for china in terms of one less headache for them to deal with as they negotiate with donald trump . Well, i think what its good for is the hong kongers, knowing this extradition bill has been fully taken off the table and what the administration should be doing here is keeping an eye on hong kong, making sure that the rule of law is being respected there. Lauren unfortunately, tori, the protesters say its too little, too late. Well see how the protests go this weekend. Thank you very much. Thank you. Ashley well, hundreds could be hit by the epstein effect. An attorney warning if Court Documents are unsealed from a 2015 Defamation Case against the accused sex trafficker, jeffrey epstein, hundreds of people could be implicate inned the case. While the documents have not been unsealed yet, the judge has asked attorneys to consider how to unseal them. Also feeling the effects is prince andrew. According to the new york post, the royal has reportedly been booted from some formal engagements after appearing in courts filings in epsteins case. One of the accusers claims she was forced to have relations was the prince when she was 17. Lauren lets check in once again with futures this morning. You can see major rally right here in the u. S. , dow up 215. It is a global rally. And one of the reasons is whats going on in great britain, another bad day for Boris Johnson. The Prime Minister suffering twin defeats in parliament. Has he totally lost control of brexit . But i guess investors are saying, a ashley, this is why stocks are your up, the chancea no deal brexit is less likely. And the new list of the top ranked colleges in the United States, did your alma mater make the cut. I dont know where you went to school. Ashley hey, its a secret. Do you want me, do you want me. Back in your life. Because i need it. I need it. Gr thanks to you, we will. Aw, stop. This is why voya helps reach todays goals. All while helping you to and through retirement. Um, you guys are just going for a week, right . Yeah thats right. Can you help with these . Oh. Um, were more of the plan, invest and protect kind of help. Sorry, little paws, so. But have fun send a postcard voya. Helping you to and through retirement. 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 buy a new samsung note. Click, call or visit a store today. Ashley Vice President mike pence meeting with british Prime MinisterBoris Johnson this morning with his government in chaos over the do or die brexit plan. European markets showing gains, i guess on rising optimism ahead of next months trade talks with the u. S. And china. Lets take a look at the british pound, slipped to 119 earlier in the week but now up to 122. Russ mold, investment director at aj bell joins us now. Russ, good morning to you. Lets get to this whole mess that is brexit. We asked the question, is Boris Johnson losing control . I ask you that question. Is he . Well, it doesnt look great to go o for 3 in the first three parrel. Parliament trary votes as Prime Minister. Parliament is still going to shut down on september 10th in a few days. The opposition parties have a small window for getting their bill to block a no deal brexit through. If the Prime Minister can spin things out, parliament will suspend, that bill will then die and the opposition parties have to start all over again when parliament restarts in midoctober and then they only have two weeks before the brexit deadline. It may sound cynical, but the Prime Minister has room to maneuver. Ashley it seems like the markets believe no deal is becoming less likely. Whats your take on that . Could they still leave without a deal . Its still perfectly possible. Again, Prime Minister johnson may be able to use parliamentary tactics against his opponent. I suspect as we get closer to october 31st, although the u. K. Market looks cheap on earnings and yield, its unloved, underperformed, i suspect it could make headway the closer the deadline comes. Ashley we seem to talk about brexit and deadlines now. One day this thing will get resolved. Three years and counting. Ashley eyes are crossing, as they say. Thank you for joining us this morning. Appreciate it. Thank you. Lauren its not just Pumpkin Spice lattes that signal that its fall, amazon is bringing out a number of new shows this month and theyre introducing new devices. Theres a fire tv cube that lets you control your tv and cable box using your voice. Theres a sound bar, that has support for five tv built they so you dont need a separate device. Thats cool. Ashley sa samsungs foldable phones are finally going on fold. It can be used as a traditional smartphone or a tablet. It comes in black and silver. The relaunch of the nearly 2,000 phone lauren what . Ashley its a lot of money. Its rolling out in south korea. The launch date for the u. S. Is not announced but theres a wait list. Lauren i guess the consumer is strong when theres a list for a phone. A study says harvard a adds value to students Financial Futures and opens doors because of name recognition. Mit, the Massachusetts Institute of technology is in second place, followed by yale and the university of pennsylvania. The California Institute of technology is number five. My schools not on there. Ashley mine either. Have to pay off the loans as well. Lets take a look at the action on wall street. Could be shaping up today, the dow up 210 points in the premarket. Coming up, former Vice President joe biden getting quite the surprise at a Climate Change town hall last night. Are you going to look at that fundraiser tomorrow night . Im going to look at what you 208d me and find out told me and find out if its accurate, yes. Ashley why joe biden will have to give Campaign Donors another look. Well explain. Coastal towns are in the cross hairs of dorian today. Well talk to a local mayor about how she is prepping her city. Youre watching fbn a. M. P when i need it. With licensed agents available 247, its not just easy. Its havingjeromebettis onyourflagfootballteam easy. Go get em, bus ohhhh [laughing] cmon bus, cmon hey, wait, wait, wait hey man, i got your flag i got your flag, man i got your flag its geico easy. With licensed agents available 24 7. 49 nothing woo 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 . In the last few weeks youve confused New Hampshire for vermont, said Bobby Kennedy and mlk were assassinated in the late 70s, asured us im not going nuts. Followup question, are you going nuts . The reason i came on the jimmy kimmel show is because im not. [ laughter ] lauren that was good. Joe biden having a laugh on the late night show with stephen colbert, not jimmy kimmel, over his recent string of gaffes on the trail. Are voters laughing. Did what he said do anything to calm fears that hes not ready for what lies ahead. Lets bring that question to tiana lowe. What do you sunshine. Uncle joe still has it when it comes to hitting the right empathy with people. That was shown in the colbert hit. There was an uptick in the gaffes but the important thing is that hes not denying it and to his credit, earlier onlater on in the clip, he does say one of his greatest strengths is his ability to empathize with people. Thats something that is very not strong right now in this democratic primary. Its not a terrible amount of em pa you this for the middle empathy for the middle of the country and biden has that. Lauren his defense is he makes the gaffes but theyre not anything of substance and you can brush them you aside. Mark tifen joins joe biden in the democrats to 2012 to the wishywashy his words candidate mitt romney. The question is, is biden the frontrunner because theres lack of a better choice. Its because hes perceived as the most electable candidate, especially based on head to head polling against donald trump in the key states that won trull the presidency in 2016. Even if Elizabeth Warren could win a popular vote, would she win wisconsin in the same way that bidens polling . It remains to be seen. Im not quite so sure that her message and especially her lack of polling with African American voters would be able to clinch her the presidency. Lauren with African American voters, thats where joe biden is very strong. I want you to listen to this got you moment on cnn. How can we trust you to hold these corporations and executives accountable for their crimes against humanity when we know that tomorrow you are holding high dollar fundraiser hosted by andrew goldman, a fossil fuel executive. The fundraiser tomorrow is by alan goldman, the biggest project which was announced in 2018 is a floating liquefied facility for natural gas. I didnt realize he does that. I was told if you look at the s. E. C. Filings, hes not listed as one of those executives. Are you going to look at that fundraiser tomorrow night. Im going to look at what you told me and find out if its accurate, yes. Lauren do you think thats another got you moment and do you think he pulled out . Outside of voters in like brentwood and the bay area, do the democratic primary voters in iowa really care about this line of attack . No, not really. Especially when you look at the substance of joe bidens climate plan, its far for effective than the Green New Deal that is effectively a socialist trojan horse to radically transform the economy. If you look at bidens climate plan, it focuses on things like Carbon Capture and things like negotiating with china to lower their carbon emissions. Thats whereb. Thats wherebidenf attack is. Ashley lets get back to Hurricane Dorian, now a category 3 hurricane with winds of 115 miles per hour. It is slowly making its way up the east coast and even if the storm itself does not make landfall, coastal cities in the carolinas especially could face severe storm surges and flooding. One of those cities bracing itself is myrtle beach, South Carolina. On the phone with us right now is the mayor of myrtle beach, brenda bethune. Mayor, thank you for joining us. Can you describe the conditions as they are right now . Good morning. We are definitely in Tropical Storm conditions right now and since about 4 00 a. M. , weve been having back to back tornado warnings which we really werent expecting. So people are wide awake this morning. Its going to be a long day. Ashley it is going to be a long day. Youve got torrential raven i saw one forecast for your particular area, 10 inches of rain possible, maybe more. You have a storm surge up to eight feet. What is the biggest threat do you believe . Thats wha thats what weret concerned about is the storm surge and we have a high tide on top of that. Thats something that will be monitored very closely but we are as prepared as we possibly can be. City already has crews that are staged and ready to get out at the break of dawn tomorrow to assess any damages and do the cleanup efforts. We want to be back open for business and welcome visitor as soon as possible. Ashley this is a part of the country that has to deal with these types of storms. How wellprepared are they and do they listen to the advice you give them . Governor mcmaster did call for an evacuation, mandatory evacuation, and that was only for zone a which are the areas closest to the coast. We feel like people did listen to those warnings. This isnt our first time going through this. But it was during a Holiday Weekend for myrtle beach. We had over 100,000 visitors here for the Holiday Weekend. So we are pretty much a ghost town right now, other than for the residents and those who were located in zone a, we feel that the evacuation was very successful. Ashley mayor, i know youre very busy. We wish you the very best of luck for today and well be checking back in im sure with mayor brenda bethune, myrtle beach, thank you so much. Lauren one florida man found a unique way to keep his car safe from the hurricane. He drove his smart car into his kitchen. He was afraid the powerful winds from dorian would lift the car off the ground because its so tiny. The car fit. Look, its between the wall and the kitchen island. Oh, my goodness. No idea how he got it there. What a sight to wake up to. Ashley look at that. Thats the ultimate drivethrough right there. All right. Take a look at how your money is doing this morning. Yes, its better news, we gained more than 200 points, up another 200 on hopes that perhaps the u. S. And china getting back to the negotiating table. Also, coming up, facebook in hot water over another data leak and youtubes 170 million fine criticized for not nearly being enough. Is the government doing enough to keep your Information Safe . Well ask that question. And porsche is taking on tesla, details on the companys big ticket electric sports car and exactly when you could get into the drivers seat. We wish. Youre watching fbn a. M. Oh, ive been shaking. I love it when you go crazy. You take all my inhibitions. Baby, theres nothing hold heg me back. You a take me places that tear up my reputation. Ey manipulate my decisions. 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. 8675309. 8675309. 8675309. Lauren oh, boy. Ashley more bad news for facebook users, millions of phone numbers were indeed leakedon line. Lauren hundreds of millions. Fox news headline 24 7 anchor brett larson is here. 4. 419 million phone numbes were leaked. What could they possibly do with that . So many bad things can be done with your phone number. You can have it spoofed so someone can access other accounts, if your phone number is used to, say, reset your banking account, send me a number send me a code to my phone number, thats how it will work. There were a bunch of phone numbers stored on a server that didnt have a password. Because those things happen. Ashley who needs a password . Who needs a password on a server in the good news is lauren theres good news. Reading through the tech crunch investigation, they found that the database was actually old. So this was taken from a while back, the numbers are no longer aca testifily available. Unfort actively available. Unfortunately, theres nothing you can do about it, if your number was in this database. Its sort of a bad news, good news, if theres good news in the fact that several years ago a database of phone numbers was put on a server somewhere and somebody has access to it or had access to it and its still there. Ashley no password, such a basic mistake. Were seeing this a lot. Were seeing a lot of data breaches that come down to i wouldnt call it mismanagement. I would call it human error. Im not making excuses for anyone. It could be an issue of, well, this server was never going to be on the internet, it was internal use only and somehow got connected. Lauren and as punishment for some of these companies, were seeing fines. 170 million for youtube. Come on, 170 million, thats nothing. They violated copa, the childrens Online Privacy protect act. That was 170 million fine from the ftc which is a record for the ftc in terms of the amount of the fine they had to pay, but this is lauren for alphabet, thats nothing. I want to say they made 13 billion last year. So 170 million is not really in line ashley back of the sofa money, you know, pocket change. Exactly. There were two members on the ftc board that said the fine isnt it doesnt make sense. Its not significant enough. This is a concern weve seen especially with facebook, they just paid a 5 billion fine. That sounds like, wow, 5 billion, thats a lot of money. Facebook made 30 million in two quarters. So 30 billion, excuse me. Lauren you talk about the youtube and google but 30 plus states attorneys general are readying an investigation, antitrust investigation against google. Thats Something Else they have to deal with. Well hear a lot about this as the Campaign Season ramps up. Lauren you can catch brett on fox News Headlines 24 7, sirius xm channel 115. Ashley John Travoltas new movie, its not exactly setting the box office on fire. You cant just come to my private residence, looking for me. Listen, pal, i dont know how you found me, but i dont ever want to see you in this neighborhood again. Ashley movie goers dont want to see travolta either, apparently. The new thriller, the fanatic, took in a little over 3,000 in a 52 theaters across the country on friday. Its reportedly the worst open ever for travolta and his fourth consecutive box office bomb. Lauren it sounds like just the worst open ever. Ashley it does. I actually like john travolta. I think hes a good actor. Lauren coming up, Democratic Candidates have been floating expensive plans on the campaign trail. A new study says theyre all pipe dreams. And why this truck could be worth millions. What is that . Oh, thats what it is. You got it. I would walk 500 miles. And i would walk 500 more. Just to be a man who walks 1,000 miles. Ashley while the Democratic Candidates are talking about free healthcare and universal income, a new study says taxing the wealthy just wont pay for it. A recent you study says the rich dont make enough money to fund these campaign promises. It also says a flat tax rate of 100 on americans with incomes of 1 million or higher wouldnt even eliminate the federal deficit. Lauren well, we have a global wally this morning after china said it will travel to washington in a few weeks for the 13th round of trade talks, if youre keeping track, this as President Trump told reporters he couldnt let china continue to take advantage of the u. S. Let me tell you f i wanted to do nothing with china, my stock market our stock market would be 10,000 points higher than it is right now. But somebody had to do this. To me, this is much more important than the economy. Somebody had to do this. Lauren jamie cox is the managing partner for harris financial group. How much leeway will investors give donald trump here . Theyre giving him a lot of leeway. Were going on over a years time since the first tariffs were i policeimplemented. Markets are more than willing to give the president the benefit of the doubt and in large measure its because consumption in the United States has been growing over the past year andahalf. So youre seeing the major part of the economy continue to grow. But im afraid that with the escalation recently of the last round of tariffs, youre going to see the consumption side of the equation start to show cracks like the Industrial Production side. So im not certain how much longer the president s going to have. Maybe six months at most before you start to he see Consumption Patterns really start to crack. It takes a little while before the tariffs actually take effect. March of next year, if were still talking about trade wars, its going to be very, very difficult for markets to stand it that long. Lauren do you think the Federal Reserve has the president s back here . Well, no, not really. The Federal Reserve doesnt necessarily need to have the president s back. The Federal Reserves all about monetary policy, price stability, taking care of inflation and that kind of thing. The fed in its defense is sort of in a quandary because if the fed goes and lowers Interest Rates a lot, which the market thinks its going to do and all of a sudden theres resolution to these trade wars, then they have to reverse course. What is worse . Im taking a measured slow approach to lowering rates which have a lagging effect for go really fast only to find that the trade situation is resolved and then have to unwind it. Lauren i know. To me, i think the measured approach is much better than raising Interest Rates quickly to catch back up. Lauren jay powell is between a rock and a hard place. He speaks tomorrow in switzerland. Well see what he says. Final question for you, jamie. We get the jobs report tomorrow as well. Your expectations . I think its going to be fine. Jobs in the United States have been High Frequency data such as jobless claims indicate that hiring in america is still very strong. So long as the trade war does not escalate much longer, i think hiring will continue to be strong. Look for mid 100,000 job range and growth in the economy. Its good. Its actually a good place to be. Lauren you keep putting that disclaimer on it, the trade war, the trade war, the trade war. Thank you so much for joining us. It matters. Thank you. Have a good day. Ashley the governments terror watch list is ruled unconges unconstitutional. Tracee the ruling came from a federal judge overnight. A group of Muslim American citizens claimed they were unfairly targeted in the fbis rules for adding people to the list are too broad. The judge ruled it violates due process. He wants both sides to provide more arguments before he decides what happens next. More than 1 Million People are on the list. The trial of former nissan chief, ga carlos ghosn, will reportedly begin as early as march. Ghosn was arrested in tokyo in november and faces charges of financial misconduct. He has denied any wrongdoing. The current ceo of nissan is in a salary mess of his own. He says he will return a portion of his performancebased pay after auditors determined he was overpaid. The audit found he received 400,000 in Stock Appreciation Rights that were miscalculated. And look out, tee tesla. Porsche unveiled its first fully electric sports car. They havent revealed the range yet but they say the car will be able to partially charge in just 22 minutes. One advantage it has over tesla, you can have it delivered by the end of the year, that is, if you can afford the price tag. It starts at 153,000. And speaking of high prices, a 31yearol31yearold van coulde millions. Its was covered in graffiti by street artist banksy. Its scheduled to go up for auction on september 14th. It could go for 2 million or more, which would make it the most expensive bangsy art banksy art work ever. Lauren i wonder what you do with it. Ashley park it out front. Coming up, paper straw horrible, right. One company says it has the answer. Wait until you see what weve got. Keep it here on fbn a. M. Im going to get my drink on. Im going to hear me a sad song. My baby just left home. Ashley is thats frowned upon new environment threat. Lauren joining us now, robert, let me start with you. How do you stand out . So thanks first for having us on the show, we are excited about the introduction of pasta straws in the market. Our pasta straws are different than plastic and paper and other alternatives with seaweeds as well as metal. 100 biodegradable and last probably longer in cold drink than you would find with other alternatives and they are biodegradable and friendly to the ocean and to the earth. Ashley i guess the question, maximo, are you the chief idea officer of the company . Yeah, so that is me, but i think as a group we sat and thought of the idea together. Lauren youre testing it right now, when you put a paper straw in your drink it gets slimy, you feel like youre eating paper, how long will the Plastic Straws stay strong . In a cold drink it would last like an hour and a half to 2 hours. Ashley thats not bad. Once im done can i cook it and eat it . Absolutely, biodegradable. [laughter] lauren how much do they cost . So we sell them on our website, we sell them in quantities of a thousand and then theres a larger reduction based on larger quantities so we have larger institution that is will buy them as well as individual restaurants. So let me ask you this, how is business going so far, can you keep up with the demand . Well, you know, its interesting, in certain states its been mandated, so we are here in Southern California and the city of malibu has asked for replacements of Plastic Straws. Weve noticed demand within the east coast has been strong, florida to new york to rhode island and demand in the midwest as well. So we are really excited not only from a business standpoint but, again, for us making pasta straws, theres also large social conscious make that we are trying to get out of it. Lauren absolutely, thank you for telling us your story. Ashley congratulations. Lauren mornings with maria start now. Maria good morning, everyone, happy thursday to you, im maria bartiromo, thursday september 5th, your top stories right now before 6 00 a. M. On the east coast, rally underway, u. S. China trade talks are on once again, chinese and american officials will have a face to face meeting in washington, d. C. In early october, the news for big rally to stock prices this morning in premarket, take a look, 250 point gain right out of gate this morning for the dow industrials, we are tracking Hurricane Dorian, of course, the storm gained strength overnight, it is now back up to category 3 hurricane as it moves to east coast taking aim at the carolinas, we will take you there live, death toll of bahamas at least 20 people dead as rescue efforts continue and aid start making its way to devastated area, plus brexit battle intensifies, double blow to Prime MinisterBoris Johnsons plan to leave the European Union deal or no deal, all that right now mornings with maria begins right now