Moves its way to the northeast, live to the gulf this morning. Markets this morning trading up, take a look at futures, wild week with triple digit gains for the dow industrials in record territory. Nasdaq up right now is lower but the s p 500 scored a fifth Straight Record high close yesterday and continues higher this morning up another 11 points. Airlines getting turbulence, United Airlines warning 3,000 pilots could be grounded by october. Mornings with maria live right now. Global markets are mixed, take a look at european indices. The cac quarante is up 3 points but the dax index in germany is lower by 17, in asian markets big news, japanese Prime Minister shinzo abe announcing hes resigning. He announced resignation overnight and the news weighing on japans stock. The nikkei average down 1 and a half percent over night. Some of the top stories that we are watching this morning. President trump wrapping up the rnc last night officially accepting the gop nomination for president making his case for reelection. Joe biden is not a savior of americas soul he is the destroyer of american jobs and if given the chance he would be destroyer of americas greatness. Joe biden agenda is made in china and my agenda is made in the usa. Maria final night of the Republican National convention capped off with firework display. More charges stemming from the deadly shootings in kenosha, wisconsin, 17yearold kyle now charged with reckless homicide and attempted intentional homicide and the most serious charge of firstdegree intentional homicide. Well, fox news alert, japanese Prime Minister shinzo abe stepping down citing health concerns, japans longers serving Prime Minister leading the country for 8 years. Abe calls decision gut wrenching, term to expire next september. Abe will remain in office until a new leader is elected. Walmart joining in, teaming up with mike sod for bidding on tiktok. Controversial chinese owned app would help with younger shoppers. President trump ordered bite dance which is tiktoks parent to sell u. S. Business or face a ban in the united states. A deal which reportedly could be announced as soon as next week could be between 20 and 30 billion for the u. S. Operations. Checking shares of walmart and microsoft this morning, we are looking at a rally and walmart up 3 and microsoft also higher by a third. Well, historic night at the white house last night. President trump wrapping up the Republican National convention with plenty of fanfare. Hillary vaughn with the highlights in dc. Hillary, good morning to you. Reporter good morning, maria, President Trump accepting nomination from the White House South Lawn was the first time in history moment, trump was just a businessman that many in his party doubted an dismissed, but this time he is running on a record pitching himself as a doer in chief, someone who delivered more on jobs and defended America First and defended better trade deals and said democratic nominee joe biden has spent decade doing the opposite. Joe biden is not a savior of americas soul, he is the destroyer of americas jobs for 47 years joe biden took donations, gave them hugs and even kisses and told them he felt their pain and he flew back to washington and vote today ship our jobs back to china. Decided to let doctors call the shutdown shots on a shutdown. The cost of the biden shutdown would be measured in increase drug overdoses, depression, job loss and much more. Joe bidens plan is not a solution to the virus but rather its a surrender to the virus. Reporter President Trump also layed out his secondterm agenda can goal to create 10 million jobs in ten months and hire more police and bring more medical supply chains and be first country to plant flag on mars and, maria, with the convention over the big event this election would be president ial debate and already Top Democrats are urging democratic nominee to not show up and debate trump, maria. Maria thats just amazing, hillary, thank you so much, Hillary Vaughn joining us with the highlights in washington. Joining me georgia congressman doug collins, always a pleasure to see you, thank you for being here. What do you think about that . Nancy pelosi said that joe biden shouldnt do president ial debate. Good friday morning, a week after we saw bidens vision dark ness and we saw hope. Its time for her to move on and shes not taking care to have American People and her advice is for joe biden to stay in the basement. Thats not the way we do it in america. Translation of nancy pelosi, shes saying joe biden doesnt have a vision for america and we are ashamed of it, dont get on stage with somebody who does. Maria thats unbelievable that they are putting him out like that and they dont want him to debate the president. The stimulus is stalling, congressman. The House Speaker and white house chief of staff mark meadows speaking by phone yesterday. Democrats willing to accept a smaller package but the chief of staff calling 25 minutes of nothing. What is your take on help for the American People now that we know rents are due, the stimulus has expired and the American People are waiting . The American People are waiting, they are waiting to get back to work and waiting to make sure that the economies are back open. What we are seeing right maria, make no mistake, the speaker enjoys the power that she has right now by keeping congress out of washington, d. C. , making all of the decisions in her office and then also setting it up to where she can blame President Trump. We talked about this over and over again. Nothing she does has she does not want donald trump to be reelected because she wants to have the power and fbi it back to testimony contract party. This is all about control. Thats why shes not seriously negotiating and thats why she doesnt have the peoples best interest at heart. Maria thats a sad state of affairs. Congressman, your state of georgia, Governor Kemp signing law that will provide more protection for Police Officers and first responders. We havent heard a word about law and order out of dnc one week ago, a big highlight in the rnc this week. Exactly. That was a bill designed, again, you cant attack our police without it being something being taken seriously and the legislator passed the law, designed to protect those officers who vandalize property and they get attacked, it adds on another attack that they can be added onto their sentencing, its just another protection for Law Enforcement officers who are out on the front lines every day. Maria, its disgusting that the democrats do not talk about whats going on in the streets right now. Peaceful protests is what we need to see. Peaceful protests are fine and taking wrong and making we saw george floyd killing, those are things that we actually need to make sure that our police have Everything Else or get the bad officers out, turning the blind eye to lawlessness, looting, the burning of stuff, thats not peaceful protests, thats simply anarchists taking control and the Democratic Party believes if they turn a blind eye that everybody will think that thats form but in a democratic world if thats form, i want the republican vision that the president has of law and order where youre safe in the streets and safe in the community and thats the message that will resinate with voters come november. Maria it certainly looks like the rnc this week boosted President Trump and things went well in terms of the convention, but let me get your take on the races come november. A lot of Business People are worried about the senate. Walk me through some of the races. Your race is critical, the senate seat. Whats your take on the house and senate races right now . Congressman they are coming into focus. We have been in south georgia this week. We have been out and the people that responded, responded to a message of leadership and responded to a message that is trusted. We are seeing that across the country. I think its a strong leader on the ticket, you will see folks who did not come out in 2018 who came out in 2016 and will help the ticket. The house i believe we can take back, its going to take some work. We have to get out for it. The senate, we have work to do but i believe we keep the senate and actually i think we can still flip the house although itll be hard. We will see cocktails come out and folks are not expecting. As i travel all over the country and state of georgia and you can go to remote areas and all of a sudden you in middle of farms and cities you see trump signs, they believe in the president and they will turn out for them. Maria all right, we will leave it there, congressman, great to see you, of course, we will be watching the development and talking with you soon, thank you, sir, doug collins joining us there. A look at moment movers, take a look, both companies seeing Strong Demand for laptops softening the hit from weakness in Office Equipment spending due to coronavirus pandemic. Hp said that laptop sales surged 30 from a year earlier, d everything lls consumer business was up 18 . Hewlettpackard up 2 . We are just Getting Started this morning, coming up next michigan congressman deb dingel is Debbi Dingell is here. Next hour former new york city mayor giuliani is here fresh off of his own speech last night live at rnc. In 8 00 a. M. Hour tennessee Marsha Blackburn and executive chairman Discusses Oil markets, all that and a lot more plus predicting 2020 and what political scientist says will happen in november. Youre watching mornings with maria live on fox business. Of the market. Its smarter Trading Technology for smarter trading decisions. Fidelity. Maria welcome back, weve got a big show coming up this morning. Joining the conversation all morning fox business Dagen Mcdowell and wall street journal assistant Editorial Page EditorJames Freeman. Great to see you guys this morning. You too, morning. Dagen morning. Maria yeah, i want to get your take on rnc and whats ahead, what, less than about 70 days until the election, lets look at hurricane laura and the path of destruction, the storm now a tropical depression being blamed for at least 6 deaths, jeff flock live in lake charles, louisiana where the damage is severe, jeff. Jeff no, maria, i tell you, just look, anywhere you look in this town in lake charles this is what took a direct hit this time yesterday morning, we were still getting effects. Well, this is the aftermath. May we walkthrough it. You get the best sense of it. Power out. I think over multiple states theres almost a million folks out of power and you look at the pictures, incredible, 100milesperhour winds, we are in a business area right now but also the big story is trees down and trees on homes, we had 6 deaths in louisiana as a result of this storm which is in some ways good news, powerful as storm was, but four of them trees falling on homes and people getting crushed. You just walk anywhere you walk, theres damage, some of it is not too bad, some of it is devastating damage like you see cars, businesses, you know, glass everywhere, debris, power lines, it will take forever to get power, by the way no power, no water this morning. That goes on sometimes for weeks. I will leave you with another sort of disaster, perfect storm of disaster, chemical fire that erupted yesterday at a company that makes pool chlorine. As you know chlorine gas can be deadly and the fire there got it out, second fire and last report and i dont have something from this morning from the scene because we dont want to get too close to the scene because fire was still going but under control. Disaster heap upon disaster in louisiana, maria. Maria wow, what destruction, thank you so much, jeff, we will be watching. Very sad to see the destruction there for peoples lives and homes. Joining me right now mary, how are the relief efforts going in terms of the damage from this hurricane . Well, the American Red Cross has been working with local authorities and officials and on wednesday night, more than 10,000 people were sheltered in state shelters as well as hotels and the red cross had been supporting them with food, blankets, ppe, over 800 volunteers from around the country have come in to do this and more are prepositioned in areas even like arkansas that have received the damage from hurricane laura. Its very severe. It has been catastrophic but the red cross volunteers are on the ground helping out. Maria wonderful. Where is the most need right now mary jane . East texas, certainly louisiana, as i mentioned arkansas has been touched as well and, you know, to be able to provide the services that we do such as Mental Health services, case work, thats where the greatest need has been. People have been asking how they can help. They can certainly go to the red cross website and make donations and they can also dial and text laura to 90999, but you know id like to also mention something about stacy, people get very anxious when they have to evacuate and its human nature to want to go back to take a look, please, wait until the Authorities Say that you can do that and when you do, be careful, dont walk to flood waters, there could be raw sewage, snakes, when you come to your home look at ceilings, trees, we heard about trees, there could be some trees that branches may cause from danger, please be careful. You dont want to survive this thing to then have something happen safety wise when you go back to look at your home. Most of all, wait until you are told to do so. Maria yeah, this is very good advice. What is normally the situation when you have trees destroying a persons home . What do people normally do . Youve seen this over and over again. Well, i mean, the damage has maria yeah. Well, okay, so, you know, i cant speak for the local authorities and those who have come to the homes to help make that happen but, yes, people often rebuild. Weve i live in houston. Ive seen a number of floods including Hurricane Harvey and some people have to raise their homes to the ground and rebuild and others, yes, start to just work with what they have. Its a time of critical assessment and hope. Maria right, maryjane thank you so much for your efforts. We will be right back. You doing okay . Yeah. This moving thing never gets any easier. Well, xfinity makes moving super easy. I can transfer my internet and tv service in about a minute. Wow, that is easy. Almost as easy as having those guys help you move. We are those guys. Thats you . The truck adds 10 pounds. In the arms. Okay. Transfer your Service Online in a few easy steps. Now thats simple, easy, awesome. Transfer your service in minutes, making moving with xfinity a breeze. Visit xfinity. Com moving today. You can adjust youriggest sacomfort on both sides. Eep your sleep number setting. Can it help me fall asleep faster . Yes, by gently warming your feet. But can it help keep me asleep . Absolutely, it intelligently senses your movements and automatically adjusts to keep you both effortlessly comfortable will it help me keep up with mom . You got this. So you can really promise better sleep . Not promise. Prove. And now, all beds are on sale. Save 50 on the sleep number 360 limited Edition Smart bed. Plus 0 interest for 60 months on all smart beds. Ends monday. Maria welcome back, President Trump formally accepting nomination last night vowing to bring the country together in second term and his daughter ivanka high lighting the president s focus on the American Worker and the economy when she introduced him. You are the reason he ran for president in the first place and you are the reason he is going to keep fighting for 4 more years. In a new term as president , we will again build the greatest economy in history. We will defend america against all threats and protect america against all dangers. We will lead america into new frontiers. Joe biden may claim hes an ally of the light, but when it comes to his agenda biden wants to keep us completely in the dark. Maria well, by all accounts very successful rnc and it came to a close, Dagen Mcdowell, your reaction . Dagen what crystallized whats at stake in november last night and what pres it into brings it into focus the widow of captain David Telling his story how he was killed in cold blood with execution live streamed on the internet because of st. Louis rioters, st. Louis violence, st. Louis murderers. Her speech last night and then what happened after the rnc in the streets of washington, d. C. Where senator rand paul was attacked and brian, congressman who is a purple heart recipient and combat veteran with two artificial legs was accosted by protestors, if you want to call them that. This is mayhem and goes hand in hand with the violence and unrest and the looting that we are seeing in major cities across the country. This is is what is at stake and people know it and will left, joe biden and Kamala Harris stand up and force against what is happening. Maria well, they didnt last week at the dnc and i will tell you, James Freeman, its absolutely extraordinary that the media is also completely ignoring it. The other day i was struck by a headline on cnn, fires, buildings on fire behind the guy and on the screen it says some fire but mostly peaceful protests. They just wont admit the reality of what is clear for us to all see. James yeah, one of my readers was emailing about how he was waiting for them to describe the mostly peaceful storm that just rolled through louisiana. Its really its amazing the contrast. I think you saw that last night. This is a president who loves america. He talked about how we want to build our future, not tear down our past. He talked about how america wasnt built by canceled culture and conformity. It was an unapologetically patriotic speech and i think theres a lot of people in the country who have been waiting for that and to your point a lot of people in the country who had been waiting for someone to say we have to have law and order in our cities and to say it clearly unapologetically and i thought in that way it was very strong speech, little bit long as im hour a lot of people have noted but a lot of important messages there. Maria yes, many. We will take a break. When we come back House Speaker nancy pelosi says that joe biden should not debate President Trump, an extraordinary statement from the speaker yesterday. What democratic Debbi Dingell has to say about that. The cost of good night sleep, one simple thing you can do to get real shut eye back in a minute. Maria welcome back, good friday morning, friday august 28th, lets take a look at markets, 6 32 on the east coast. The s p 500 further in record territory up another 7 points, s p scored its fifth Straight Record high close yesterday at 4 00 oclock on wall street when the dow industrials were up 160 points and s p up 6 and nasdaq lower by about 31 points. Global market this is morning are mixed, take a look at european indices. The cac quarante down 9, dax index lower at 51. Breaking news if japan overnight in asia, markets were mixed but Prime Minister shinzo abe announced resignation overnight and the news weighed on nikkei average in japan, down 1 and a half percent. Center for Disease Control and prevention clarifying guidance for covid19 tests, Cheryl Casone with those details now, cheryl. Cheryl that is right, maria, good morning, cdc says that anyone who has been in close contact with confirmed or probable covid19 patient should get tested. The agency apparently walking back earlier recommendation of people who show no symptoms dont need to be tested. Estimated 40 of people who have the coronavirus are asymptomatic. The Trump Administration expanding Rapid Testing for covid with purchase of 150 million tests from abbott labs, the food and Drug Administration approving 15minute test on wednesday. Take a look at shares of abbott labs, stock soared 8 yesterday, up another 2 and a quarter percent ahead of the opening bell. Well, unioned Airlines Says it will furlough more than 2800 pilots unless the u. S. Government approves additional funding for the airline industry. Job cuts expected october 1st following moves from delta and american airlines. Where here is united. The stock down year to date. Finally the nba vote today resume the playoffs after Milwaukee Bucks on wednesday decided not to take the floor with match against Orlando Magic other players in sports leagues joined the nba in solidarity. Wnba cited 3 of their contests that they too can use platform to demand change. Yesterday nfl practice field spoke volumes and stanley cup playoffs were put on hold and lastly, maria, the new york mets took a powerful stance against blake shooting, both teams got all dressed and then they walked right off of the field and those are your headlines, maria. Maria wow, thank you so much, cheryl, the land of greatness, the rnc capped off with final night of the convention with fireworks display over the washington monument, President Trump officially accepting the republican nomination at the white house last night. His daughter ivanka trump introduced her father making the case for four more years, gop speaker slammed joe biden as weak, watch. Joe biden aided and abetted chinas rise for 50 years, terrible trade deals that closed factories and layed off workers. President trump stands up to chinas cheating, stealing and lying. To the hardworking men and women across america and here tonight you are the reason my father fights with all of his heart and all of his might. You are the reason he ran for president in the first police and you are the reason he is going to keep fighting for four more years. [cheers and applause] as long as i am president , we will defend the absolute right of every american citizen to live in security, dignity and peace. If the Democrat Party wants to stand with anarchists, agitators, rioters, looters and flag burners that is up to them, but i as your president will not be a part of it. Maria joining me right now is michigan congresswoman Debbi Dingell, always pleasure to see you, thanks for being here this morning. We talked after dnc and now i want to get your reaction of the rnc. Good morning, maria, im tired of conventions, i dont know about you. Its been a long two weeks. You know, this is what im going to say. I think it was a onesided, wellorchestrated convention, i have to give them that. I dont think the white house is the right platform for a Political Convention nor do i think its appropriate for the secretary of state to be from israel. Now we see what the themes of the campaign are going to be. I think its a competitive campaign. I think its going to tighten this fall and i think labor day is a week away and this campaign is on. Maria lets talk about debates over debates, the first president ial faceoff about a month away but House Speaker nancy pelosi said yesterday that she doesnt think it even should happen, i want to get your reaction to this, take a listen. Dont tell anybody i told you this especially dont tell joe biden, i dont think that there should be any debates. I wouldnt legitimize a conversation with him nor a debate in terms of the presidency of the united states. If joe biden asked you what i thought about it, i dont think that he should dignify that conversation with donald trump. Maria Debbi Dingell, your reaction to that . Congresswoman you know, im maria on the screen right now the Biden Campaign responded to pelosis remarks and we just had that on the screen and i want to tell you that theyve already said we certainly agree with Speaker Pelosi on her views of the president s behavior but as she has confronted the behavior in the oval office and cabinet room joe biden looks forward doing the same in debate stage. Biden campaign responded immediately but to throw that out by nancy pelosi that she doesnt want to see a debate, congresswoman, what do you think about that . Congresswoman i i have to agree with joe Biden Campaign. I debated my progressive opponent. I think that the president s relationship with nancy pelosi has been very complicated, many things this week that deeply bothered me about this convention in terms of the Republican Convention in terms of very onesided and not factual presentation, but i just think that the debate is where you see the two candidates on the same platform and every American Voter has the opportunity to analyze what they think of the candidates and what they do in the situation. Maria this trump derangement syndrome, the idea that nancy pelosi hates trump so much and the democrats hate him so much to actually allow that to get involved with what is a right of the American People, to see both candidates up there live on stage before a major major election, the president ial election. I mean, this is actually impacting peoples rights, what she said. Have you spoken to her about this . I know shes your friend. Congresswoman first of all, nancy and i are famous for i am not afraid to tell nancy what i think. That i can tell you if you ask any member of congress, nancy and i are known for having open and honest conversations and we agree and we disagree and two strong women need to be able to do that. I support debates and i believe its very important and nancy is not the one making the decision whether joe biden is going to debate. Joe biden is the one that will make the decision whether hes debating and hes got it. Hes going to be there. I hope we see a debate. Go ahead. Maria theres not the respect. You said you dont like the way the president respect or doesnt respect her and she is constantly calling him out and attacking him, you know that. It goes both way. Nancy is constantly attacking the president and its highly inappropriate. Shes supposed to be the voice of the house of representatives, shes obviously just on one side and not caring about the other side. Congresswoman no, im seen a very caring nancy pelosi and not afraid to step up from anything. Youre a woman strong, i am a strong woman and shes a strong woman and the president doesnt always treat her with respect. Shes worried about the American People, we have got to do something to help them those right now that feel like they are caught in a vice maria but they are not. But she wont. Theres a phone call, theres no meeting in the middle. We will see. I know that the economy has taken a serious turn. The American People are there. They have rent to pay. They need the money. No deal so far. We will see what happens around labor day. We will see when people come back. Congresswoman two to tango. Maria thats right, i will see stu soon, have a good weekend. Congresswoman Debbi Dingell, we will be right back. Thats why Northern Trust is here. With specialized expertise. A history of success through every economic climate. And proven strategies rooted in data and analytics. Giving you more control. Clarity. And confidence. For now and whatevers next Northern Trust wealth management. Welcome back a 2020 landslide, one predictor says that President Trump will be reelected in a landslide. The president has 91 chance of beating joe biden in november. Hes a track record for correctly calling elections including President Trumps 2016 victory. Joining me right now is professor helmet, professor, great to have you this morning, thank you for joining us, why are you so confident that President Trump will win and by a landslide . Thank you very much for the opportunity. Its 100 plus years of president ial primaries, very simple lesson and that is the candidate with a better primary performance goes onto win in november and especially so if youre a firstterm president running for reelection. Maria but how do you get to a 91 landslide number . Well, okay, based on the numbers of electoral votes that candidates get, election from 1912 to 2016 and its a little bit of a statistical operation where i translate the prediction that donald trump gets based on the typical era that the model has over time so the chances President Trump getting more than 270 electoral votes is 91 , very high probability that he will get over 270 based on what donald trump did in the primaries compared to the opponent joe biden, plus the fact that he is a firstterm president running for reelection and we all know that very few of those lose. What is well phone is the impact of how this candidate do in primaries and thats what ive added and its a lot of numbers but it comes out very strongly to high probability. Maria and h everything lmut, your model ignores the polls. You think that the polls that we see so much in the media, that they represent theyre no longer representative of the electorate, right . Tell me about that. Well, i mean, we have seen this before, we saw in 2016 when throughout the Election YearHillary Clinton had lead and donald trump trailing just about all of the time. So you compare 2016 and 2020, looks like like a carbon copy and i dont know about the inside workings of the polls, whether they learned anything or doing anything different. I have a sense, a suspicion that pollsters have a problem with donald trump. They have a problem getting a handle on support for trump and i dont know that theres any proof of that. Some of the people dont show up in the polls for another reason or another. We have seen it before. I think that in the climate today i wouldnt be surprised if we see it again. Maria yeah, well, one poll which really struck me a couple of weeks ago was the question that they asked people who do you think your neighbor will vote for and 39 my neighbor will vote for trump. It is sort of like when you are asking for a friend, people dont really want to say what they think but theyll tell you what their neighbor will to. What about the coronavirus and the wave of protests sweeping the country, helmut. Did that have an impact at all in predictions and i should point this out you made prediction way before rnc which was successful but that didnt really weigh into your model. Youre right. I made it way before rnc, the dnc and coronavirus, racial unrest in early march after the New Hampshire and South Carolina primaries. Its just that these early primaries have been a very successful predictor of what is happening and i know that people say how can you go on and do that, i would say what i am doing is a little bit like what economists call leading indicators. They have an indicator of something that will happen in the future, maybe a delay 6 months or a year, et cetera, and sort of like maybe buying futures, et cetera. And so what is happening in these early primaries is somehow an indicator about how candidates perform even maybe in situations that are novel and so i maria yeah. I expect that while what we see there materialize, if it doesnt, i i would be wrong. I think its a very small chance. Maria helmut, we will be watching, we will talk to you soon. Helmut from stony brook university, back in a minute we made usaa insurance for veterans like liz and mike. When their growing family meant growing expenses, our agents helped make saving on insurance easy usaa. What youre made of, were made for. Usaa but what if you could stdo better than that . K. Like adapt. Discover. Deliver. In new ways. To new customers. What if you could come back stronger . Faster. Better. At comcast business, we want to help you not just bounce back. But bounce forward. Thats why were helping you stay ahead and adapt with a network you can count on, 24 7 support and Flexible Solutions that work wherever you are. Call or go online today. You can adjust youriggest sacomfort on both sides. Eep your sleep number setting. Can it help me fall asleep faster . Yes, by gently warming your feet. But can it help keep me asleep . Absolutely, it intelligently senses your movements and automatically adjusts to keep you both effortlessly comfortable will it help me keep up with mom . You got this. So you can really promise better sleep . Not promise. Prove. And now, all beds are on sale. Save 50 on the sleep number 360 limited Edition Smart bed. Plus 0 interest for 60 months on all smart beds. Ends monday. Maria welcome back, time for the morning buzz. First up a child chore can be good for you, it can help you sleep apparently and make you more productive and improving Mental Health according to Mental Health. James freeman, do you make your bed every morning in james well, the bed is made every morning, certainly. [laughter] james you might remember on the internet when he gave the great speech at the university of texas, if you want to change the world, start by making your bed. Maria thats right, and dagen, we had him on, we were both really in love with that book. We were also talking about the positive of making your bed every morning. I do it. Dagen i do it every morning and i did it before he made the book. Its the first thing i do because one it orders your mind to start the day and then when you come home at the end of the day if you had the worst day on the planet, you will look and be at the bed and think, at least i accomplished that today. [laughter] maria yeah, its true. Its something about it. Its important. How ant this . Meet tsa most adorable dog, kayla, explosive Detection Dog in honolulu winning the cutest k9 award, she loves to have one but very serious on the job. Shes really cute, dagen, what do you think . Dagen we have i want to give a shoutout to persha who is a working dog in our building and if you come at her, she loves scratches and she kind of falls down on the job if youre offering belly rubs because she literally will be working and flop down in the lobby or on the sidewalk and and accept belly rubs, so adorable dog and i respect their work. Maria love, love. James, go ahead. James i was just going the say a good reminder if tsa dog is sniffing around your person shes just doing her job. [laughter] maria she is. On that note we will take a short break and come right back, stay with us. Get your slice today. So youre a small business, or a big one. You were thriving, but then. Oh. Ah. Okay. Plan, pivot. How do you bounce back . You dont, you bounce forward, with serious and reliable internet. Powered by the largest gig Speed Network in america. But is it secure . Sure its secure. And even if the power goes down, your connection doesnt. So how do i do this . You dont do this. We do this, together. Bounce forward, with comcast business. So you ready to hit the road . I dont know. Just get on your bike. And ride no maria welcome back. Good friday morning, everybody. Thanks so much for joining us. Im maria bartiromo. It is friday, august 28th. Your top stories, just before 7 00 a. M. On the east coast President Trump formally accepting the republican nomination for the second term. We have all the highlights and analysis from last night. Later this hour, rudy guliani is here, fresh off his appearance at the convention. House Speaker Nancy Pelosi says joe biden should not debate President Trump. Biden not taking the speakers advice. Well tell you whats behind it. Lauras deadly path of destruction, the cleanup just beginning as the storm works its way to the northeast. Take a look at futures, indicating a gain for the start of trading for the dow industrials, the dow up better than 100 points, s p up 8 andahalf, nasdaq lower by 10. The s p 500 scoring its fifth Straight Record high close yesterday, momentum continues for stocks as you see, the dow industrials were up 160 points and the s p was up 6, at 4 00 on wall street. This after jay powell announced a major shift in the feds approach to inflation. He signaled a long era of low Interest Rates. Plus, the chicken wars are getting spicey, wendys mocking mcdonalds latest menu editio edition. Mornings with maria is live right now. Global markets this morning are mixed. European indices mostly lower, the fq100 down 1 point, cac down 3 points, dax lower by 41. German chancellor Angela Merkel warning the coronavirus pandemic is likely to worsen in the coming months. Asian markets mixed, mostly higher, in japan breaking news, japanese Prime Minister shinzo abe announcing his resignation overnight. The news weighed on stocks in japan. Nikkei average is down 1 andahalf percent. Some of the top stories were watching this morning right now. President trump making the case for reelection last night, formally accepting the republican nomination for president from the white house. Biden is weak. He takes his marching orders from liberal hypocrites who drive their cities into the ground while fleeing far from the scene of the wreckage. They want the to open our bore of deers while living in borders while living in walled off compounds and communities. They want to defund the police while they have armed guards for themselves. Maria the president wrapping up the rnc last night, promising to revive the economy and find a vaccine for covid19. Meanwhile, picking up the pieces now in the gulf region, the gulf coast reeling from hurricane laura, the storm now a tropical depression slammed into the gulf coast yesterday as a category 4 hurricane. Laura being blamed for six death and widespread damage, leaving at least 700,000 people without power. Laura also causing a chlorine Chemical Plant in west lake, luce ya flalouisiana to catch f. A day in court, the alleged gunman behind the deadly question flokenosha, wisconsin s expected in an extradition hearing today. Hes charged with first degree intentional homicide. Rittenhouse is accused of shooting and killing two people and hurting a third person during protests on tuesday night in kenosha. Sports leagues taking a stand, the nba yesterday voting to resume the playoffs following two days of protests in wake of jacob blakes death. The wnba calling off three of their contests, deciding they could use their platform to demand change, postponing six games over of two nights. Yesterday, empty nfl practice fields spoke volumes with nine teams canceling their practice. The stanley cup games were canceled as well. The new york mets taking a stand against the shooting, instead of announcing they wouldnt play the marlins, both teams got dressed and walked on the field and walked off the field. Walmart says a deal for the chinese owned app would help it attract younger shoppers and boost the advertising business. President trump has ordered bytedance to sell its u. S. Operations or face a ban in the u. S. A deal which reportedly could be announced as soon as next week could be between 20 and 30 of billion dollars for tiktoks u. S. Operations, shares of walmart are rallying, up better than 2 and microsoft up half of 1 in the premarket. Joining the conversation this morning, Dagen Mcdowell and James Freeman. It is great to see you guys. Interesting developments with walmart jumping into the fray on the tiktok operations sale. Dagen it sounds messy. But its not going to be owned by china. Put it that way. Maria yeah. Yeah. Thats true. It is time for the word on wall street, joining me right now is Iht Wealth Management president , steve dudash, chief investment officer, joel shulman and andy lipow. The Federal Reserve moving to extend the era of lower Interest Rates, the central bank ending the policy of preemptively raising Interest Rates to avoid inflation, allowing for mo modee inflation to help in times of economic weakness. Joel, your reaction to what you heard from the fed yesterday. I think its essentially a good move. Weve gone six months with no Monetary Policy. We have Interest Rates at a 30 0 year bond of 1. 5 , a spread of 110 bips. In 1980 we had Interest Rates for the five year at 16 . When you have high Interest Rates, you dont need double digits, but when you have high Interest Rates the Monetary Policy becomes effective. Since march when we reduced rates to almost zero the Monetary Policy has been ineffective. Essentially the fed is operating with one hand tied behind its back. Theyve had fiscal policy, spent 3 trillion on fiscal policy but havent had a chance to use Monetary Policy. This announcement yesterday by the fed to gradually increase inflation, allow it to flow above and below 2 brings Monetary Policy slowly back into the game. I think its a good move. Maria i mean, just in case you were wondering if we were going to have rock bottom Interest Rates for a long time, youve got another answer this morning and that of course is a resounding yes. President trump giving investors a sense of covid19 optimism last night in the night four of the rnc. As he officially accepted his partys nomination for a second term. Listen to this. We are delivering lifesaving therapies and well produce a vaccine before the end of the year or maybe even sooner. Maria steve, what do you think about this . What are Market Participants looking at once we do get a vaccine in terms of change on wall street . You know, i loved tech for a long time and ive been touting it for a while but its got over its skis right now. I know apple going on right now and even walmart and tiktok. But we want to look beyond that. You cant justify a company like salesforce who added the equivalent of gm motors to their market cap in one day. Thats not realistic. Yes, in the tech sector its all about the optics. Its a little over of its skis. Were looking in the other direction. Were looking at casinos, defense companies, airlines, things that have gotten beat up for the most part through this covid world because were going to get on the other side of this and the ive got to add, i love the Walmart Tiktok idea. I think its so much fun. Anyone who said they saw that one coming theyre lying to you. If you think about it, it does add a whole new dimension to what your typical walmart customer is and gives them a lot of data they dont have access to. Its fun. Its different. I like the fact that theyre taking a shot at it. It will be interesting. Maria sure. It certainly makes sense, competing with amazon. They have to. 100 . Maria apples impending stock split, today is the last day of trading for the Technology Giant before it splits its shares on monday. Whats your take on apple . Once we see a much cheaper price, steve, that often opens the door to individuals to say, well, i havent owned apple before. Its been too expensive. But now at 100, plus, then maybe it does it is worth looking at. Youre spoton. Youre 100 right on that. We both know that the stock price doesnt affect who will buy an iphone or ipad or anything like that. Its the optics of this. There is a lot of investors who have gotten in the game the last five, six years, theyre going to go out and there say hey, i can buy four times as many shares for every dollar i put in. That optics brings a lot more new investors to the table. Youre going to get a pop out of this. It has nothing to do with the fundamentals, has no real basis on stock price but 8, 10 jump just on this isnt unrealistic. We should be talking about do people like the new iphone thats going to come out and new products and things along those lines. But the reality, were going to be talking about the stock price. Were doing it right now. Well be doing it through the weekend. That will get more people buying. Thats why theyre doing it. Theyre doing it to make it more attractive to new investors and good for them. Theyre going to get a pop because of it. Maria thats what a split does. Lets look at crude oil. Hurricane laura battering Americas Energy corridor in louisiana for sure. Andy, your reaction to whats taking place. Crude oil is at 43. 12 a barrel. Its good news for the refining industry because at the height of this storm, 13 of the nations Refining Capacity was shut down and those refineries in texas are restarting and restoring operations. Unfortunately, the wind damage in lake charles is probably going to keep a small amount of Refining Capacity offline for about six to eight weeks so Something Like that. What weve seen in the markets is that gasoline futures are now trading below where they were last friday, showing that the market thinks theres more than adequate gasoline inventory and those refiners not impacted by the storm can make up the difference. Maria okay. We will leave it there. As you see, chart of oil, its been going up, just over the last couple of days. Joel, steve, andy, great to see you, gentlemen. Thank you so much. Thank you for the word on wall street. Coming up, former new york city mayor rudy guliani is here live on President Trumps rnc speech and fresh off his own speech last night, looking at the state of our cities. Marcmarsha black churn will diss the rnc and the stimulus package. Plus, harold hamm will talk about oil and the energy markets. Well get his perspective. Your morning mover, we take a look at cocacolas restructuring this morning and big lots quarrel her earnings. Youre Quarterly Earnings. Youre watching mornings with maria live on fox business. Need a little time to wake up, wake up. Maria welcome back. A mandatory jail sentence for assaulting a Police Officer could soon be eliminated in virginia. Senate democrats passed a bill that would keep the charge as a felony but allow a judge or jury to decide whether to reduce it to a misdemeanor if the officer is not hurt. The bill now moves to the states house of delegates. Dagen mcdowell, sounds like more of the same. This is your home state. Dagen yeah, its disgraceful. It also removes the mandatory sentence for attacking a Police Officer. Do these legislators know what theyre doing . Id say they do. Theyre inviting people to attack Police Officers at a time when mayhem and unrest, harassment, anarchy, looting, you name it, are front and center in many cities across this country. It moves onto the house in the state of virginia. Theyre both controlled by democrats, as well as the governors mansion. But is an invitation we talk about defunding the police. This is an invitation to attack the police and it will make that state much less safe because Police Officers will quit. And people will not line up to protect the people of virginia. It is hideous, what these people are doing. Maria yeah. And thats what weve seen pretty much for the last couple of years. I mean, governors and mayors, particularly these last couple of months, james, have walked away from the police force, ignoring whats actually taking place on the ground. No wonder youre having all of these resignations from Police Officers. James yeah, if theres a dirty cop, if theres a bad cop, the solution is to prosecute that particular cop, not to, as dagen said, change the incentives to make it more likely that all cops are at risk of being assaulted. Now, proponents of the bill are saying for really serious assaults against officers, there will still be a harsh penalty. So what theyre really saying is they want to reduce the penalty for spitting on a cop, going after a Police Officer, perhaps shoving, terrible incentive. Dagen i just want to point one thing out in terms of if you want to talk about Police Reform, senator tim scotts bill, democrats voted against even bringing it up for debate. When senator scott explicitly said that he would hear be willing to hear all amendments from the left and the right, from the democrats and the republicans, that they said no of to even having a discussion about senator scotts Police Reform bill. Thats where we are in this country. It is open season on Police Officers and this, again, comes down to what is crystalizing and bringing into focus the decision that voters are going to make in november. When you have people harassed daily in major metropolitan areas and there is no punishment. Maria yeah. You know, i think they made the democrats made a tactical mistake this election season. They thought that creating chaos and sparking and fueling the chaos would be blamed on President Trump. They wanted as much chaos, and i think they still do want as much chai yous as possible going chaos as possible going into the november election. In fact, its going against them. People blame the democrats and blame these mayors and governors who will not support the police for the chaos that has erupted. What do you think. Dagen the tenth amendment, it is the right and obligation of those in the state to ensure the state of safety of the residents. That comes down to constitutional protections. Do not forget when it comes to portland and protecting the courthouse in that city, there were federal officers sent in to protect federal property and remember the narrative over and over and over again, that the violence would go away, that the unrest would go away if trump and his goons just stood down and got out of the way and it was a false narrative. So when the president has tried to move bring federal officers into areas to stop this kind of unrest, you hear the outrage from the left. It is its a phony message. Dont eat it. Dont buy it. Maria people see through it. People see through it, i think. They really do. Coming up, an unprecedented move by United Airlines, it will furlough thousands of pilots. Were going to take a look at that when we come right back. Stay with us. Tara, did you know geico is now offering an extra 15 credit on car and motorcycle policies . Wow. Ok thats 15 on top of what geico could already save you. So what are you waiting for . Idina menzel to sing your own theme song . Tara, tara, look at her go with a fresh cup of joe. Gettin down to work early following her dreams into taxidermy oh, its. Tax attorney. I read that wrong, oh yeeaaaah geico. Save an extra 15 percent when you switch by october 7th. Give it up for tara maria welcome back. Horror and mass incarceration in china. A new buzzfeed investigation refeels that the Chinese Government secretly built massive prisons to incarcerate uyghur and muslim minorities, even as the of government is saying all detainees have been set free. Joining me right now is the founder of the atlas org organization, jonathan ward. Its great to have you again this morning. Pretty disturbing report from buzzfeed that china has secretly built this new infrastructure to imprison the uyghurs. Your take . Good morning, maria. Well, these are atrocities. I think at this point there is no time left for excuses. I mean, the documentation of whats going on is so extensive at this point. You have so many stories coming out of here, people who know these camps, who have been to the camps, that at this point the world must Pay Attention to this and call it what it is. There are many professionals and scholars calling it a genocide, the forced stillly says of wig sterilization of uyghur women. Bottom line, we are too engaged with china. Our companies are out there. Theres a report that basically said 80 International Companies are benefiting from the forced labor that takes place in these camps. I think tights time for us to time for us to no longer have our eyes closed about this issue. Maria its amazing when you hear Global Corporations start lecturing everybody else about their esg and about not owning oil stocks because theyre evil and yet theyre perfecting fine doing business in china with all of these abuses happening and youve got the uyghur situation, weve also got this constant and consistent theft of intellectual property, jonathan. I want to get your take on this story thats breaking from the wall street journal this morning and that is that there is a chinese covid19 vaccine maker in talks with several countries to get emergency approval for its Coronavirus Vaccine that was developed with the Chinese Military. This is a chinese company, im throwing this out here because i know theres a massive race for a covid19 vaccine, jonathan and we also know that there have been indictments and there have been arrests of people tied to the Chinese Military who are stealing data from this country. Senator tom cotton was on this program months ago saying that he would not be surprised if chinese engineers were stealing our research for a covid19 vaccine and now coincidentally weve got this chinese covid19 vaccine maker in talks with countries on early approval. Your reaction . Sure. Well, theres no doubt that chinas using every aspect of its Global Intelligence operations to gather whatever it can in order to make these sorts of advancements. Im sure that sounds quite true. Whats significant i think here is that its being developed by the Chinese Military. What were noticing particularly through Civil Military fusion is the increasing use of the Chinese Military to, you know, essentially achieve National Goals to bring civilian infrastructure technology, all of this towards a military purpose. What that means is increasing militarmilitaryization of socie. I think were dealing very directly with some of the worst pieces of the party and im sure that story will continue to emerge. Maria yeah. Ive got a list in front of me of all of the arrests from the university of arresting saw professor, harvard, singaporeian national pleads guilty. Not only are we seeing all of this theft but then weve got warnings from staterun media. Okay, South China Morning Post is owned by alibaba. Look at the headline that came out yesterday. China could weaponize drug exports to retaliate against u. S. Chip restrictions. Beijing advisor says. What do you make of this . Are they threatening us that we better lay off huawei, we better lay off poking the Chinese Communist party because if we dont theyre going to stop sending the active ingredients that are so critical to the united states, more than 70 of our active ingredients in our prescription drugs are made in china, jonathan. We are so reliant on those supply chains. They are threatening us. They threaten many countries. They threaten the entire region, whenever a country takes action against china that they see as a problem for them. Its very different to threaten the united states. I think were not going to take this and thats where theyve overstepped here. This tells us everything we need to know about why its wrong for us to be engaged in china, why were too dependent on china. This is a regime. You tie this together from hong kong to the south china sea, this is a regime we cannot coexist with. Were going to have to roll it back, break its state owned enterprise as they expand around the world and make sure they can never use their military in the pacific against us. You have initiatives like the Pacific Deterrence Initiative to make sure it doesnt grow. Its up to the american citizen and American Business leader to find their role in the struggle because engagement with china has gone on for far too long. Maria thanks very much. Youve done so much work on this. I know you continue to do so. James freeman and i wrote a book and we delve into this topic. Be sure to order my new book. Go to thecostbook. Com for James Freeman and my new book coming out later this year. Well be right back. Traded goods. Tools, cattle, grain, even shells represented value. Then currency came along. They made it out of copper, gold, silver, wampum. Soon people decided to put all that value into a piece of paper, then proceeded to wave goodbye to value, printing unlimited amounts of money as they passed the buck to the future. Thats why its time for Digital Currency and your investment in the grayscale funds. Go digital. Go grayscale. Maria welcome back. Good friday morning, everybody. Thanks so much for joining us. Im maria bartiromo. It is friday, august 28th. A look at markets right here at 7 31 a. M. On the east coast. Were expect ago expecting a rally out of the gate today. The s p 500 scored its fifth Straight Record high close yesterday, check this out. The dow industrials were up 160 points. But the s p 500 in unchartered territory once again at 3484 with another gain yesterday of almost 6 points at 4 00 on wall street. Check Global Markets this morning, european indices are flat to lower, take a look and we are seeing a reversal here. Fq100 is now positive, up 4 points, the cac is positive, up 5 and a quarter points, the german dax index down 15 points. That too is off of the lows of the morning. Asian markets overnight, news in japan, japanese Prime Minister shinzo abe announcing his resignation overnight, the news weigh on japans stocks, the nikkei down 1 andahalf percent. Meanwhile, cocacola is planning to cut thousands of jobs. Cheryl casone with that story right now and more details. Cheryl. Cheryl yeah, thats right, maria. Cocacola says the cuts part of a strategic step to reorganize its business for future growth, the news is breaking a half an hour ago. Unclear how many jobs the Company Plans to cut. They did say theyre going to be offering severance packages to about 4,000 employees worldwide. Take a look at the stock in the premarket, up a little more than three quarters of a percent right now. Capital one is cutting bar rowing limits as congress and the white house remain deadlocked on enhanced jobless benefits. Some of the bangs customers vented frustration, saying their limits have been slashed by as much as twothirds which limits their ability to borrow during the covid19 pandemic. Initial jobless claims fell last week to just over 1 million, slightly lower from the previous week but we saw those claims rise above 1 million again yesterday. Taking a look at capital one, the stock is up more than half a percent. Well, amazon wants to help you track your workouts. The company has launched halo, its a fitness band and its an app. It looks to compete against the apple watch, samsung, the garmin watches and fit bit. Fit bit is being acquired by google. The halo band will cost about 100. The app is going to cost about 4 bucks a month. Among the features, it can monitor your heart rate, body fat and it can help you sleep better. Taking a look at amazon shares in the premarket, stock is up almost half a percent. We love our fitness devices, maria. Back to you. Maria yeah, we do we really do. Cheryl, thank you so much. Look at amazons stock price. Incredible. It was a historic night at the white house last night, President Trump officially accepting the republican nomination. His daughter ivanka introduced her father. Other speakers include my next guest, warning joe biden would be bad for the united states. Dont let democrats do to america what they have done to new york. Again, the democrats are urging you to vote for an obviously defective candidate. Biden has changed his principles so often, he no longer has any principles. Hes a trojan horse with bernie, aoc, pelosi. Washington has not changed donald trump. Donald trump has changed washington. America doesnt need another empty vessel who will do whatever the media and the fringe of his party demands. We will defend america against all threats. We will lead america into new frontiers and a new spirit of unity that can only be realized through love for our great country. Maria joining me right now is former new york city mayor and personal attorney for President Trump, rudy guliani. And rudy, great to see you this morning. Congratulations on your successful speech last night. How are you feeling today . Im feeling really good today. I think its been about as good a four days as a republican that you can have. I think the president s speech last night was the best hes ever given. It was exactly what the country needs, not just the Republican Party. We need a lift. We need to know we have a leader, someone with an optimistic vision of the country. The four days of the democratic convention, they were like a wake. It was like going to a wake. Every night, one more gloomy, doomy, terrible thing. Trump is some kind of monster, the countrys going to be destroyed. The reality is, this is a great mixture of optimism about the future, the president is boundless. Some really good explanations of the many things the president has accomplished which is historic, really. And then fair criticism of the candidate who this is the most defective candidate ive ever seen for president of the united states. He cant put two sentences together. He cant campaign. Hes going to campaign its big news today, maria, that hes going to campaign after labor day. What about today . Why cant he Campaign Today . Whats wrong with him . Maria you know, i want to get to that because i specifically want to talk about our cities which of course you know what has taken place so well. But first let me say that this week ive been talking about what feels like a bigger tent for the Republican Party. I mean, oftentimes you hear the democrats say, well, we have a big tent, we can have extremist views and moderate views and this and that. But the gop this week, you really had an outreach to the Africanamerican Community, to the gay and Lesbian Community, to women. You heard rick grenell say this president has been the best president for the gay and Lesbian Community which i felt was great. This morning the wall street journal oped on the gops wide open arms writes this level of outreach is new for the republicans. Its not that the gop hasnt long had minority supporters or that prior campaigns did not Court Minority voters, it that the pitch was more prefunctory than a priority. Is this one of the goals, to show the Republican Party changing. The Republican Party at its best were shaped by its leaders. When we were at the best before was ronald reagan. This is a leader that has come along that is shaping the party. Hes an open man. His friends are you know that, maria, youve known him for years like i do. His friends are black, hispanic, men, women, gays, people of all different backgrounds. I mean, part of the reason he opened his club marc maralagoo break the barrier that used to go on in palm beach. This is within him. He has a sense of fairness and he has a sense of meritocracy. If you can figure out how to develop the vaccine, right now, and give it to him he wouldnt care who you are. Hes not like that. Maria that came through. I think that maria that came through this week for sure. He had some things he can put on the table. Maria let me ask about the mandatory jail sentence. Im sorry for interrupting. A mandatory jail sentence for assaulting a Police Officer could soon be eliminated, rudy, in virginia. Senate democrats passed a bill that would keep the charges a felony but it allows a judge or of jury to decide whether to reduce it to a misdemeanor if the officer is not hurt. So spitting on an officer is okay. Throwing a bucket of water on his head is okay because he wasnt hurt by it. Your reaction . My reaction is that the democrats have become the antipolice party. What their goal is, i have no idea. Their goal is chaos. Their goal is the kind of thing that we see in democrat cities all throughout the country. I mean, the president is absolutely right. The ones that really blow up are democrat cities. I know this business backwards and forwards. I can see when the cops are not allowed to make arrests. You dont have to have a riot, ever, ever. Theres no such thing as having a riot. A mayor allows a riot to take place. Joe biden, he used one word in the convention, a one word expression that made sense. He said silence is assent. Hes been silent on it until yesterday which means hes been agreeing to it until yesterday and his mayors in every city they hold the police back. The other day, a friend of mine coming into the convention went to get his car in times square to drive to washington. He was surrounded by 10 people. He was knocked down, beaten up and they took his wallet. He went across the street to the police and he said please arrest them. They said we cant. And then they said was there an order to do it . He said basically the order is dont cause trouble. There were about 10 of them, there are three of us. What happens if we go in there. We may have to shoot them. Well go to jail. They may beat the hell out of us, may beat the hell out of you again. They told him you should be thankful you got away with just a few bruises. Maria this is the story of the state of our cities right now. New york city used to be like that. Maria this is the state of our of cities. Budget cuts are now being blamed for major trash pileups in new york city parks, mayor. So the mayor of new york, bill de blasio, is blaming budget shortfalls on the fact that they cant pick up the trash. Social services are about to certainly take a hit. What is going to become of new york city . Look at these pictures. New york city is in the words of my good friend george pataki, the first time hes really worried that new york city cant make it back because theres no political picture that will bring it back. Look, democrats should not be allowed to govern cities. And the con job they do on the Africanamerican Community has to be exposed. I mean, read david horowitzs book, blitz, the first three chapters lays out the con job that the Democrat Party has done on the black community. Until you break that, youre not going to save American Cities and theres a lot of africanamericans, i spent a lot of time with them this weekend, im going to interview a few this afternoon for my podcast, they know it. They know it better than i do. They explained to me the con job they do. They encourage you to go on welfare. Why do you get more money on welfare for a while than if youre working . Because they want you on welfare. Why do they want Illegal Immigrants . So theyll go on welfare. What else will they do . Theyll both democratic reflexively. Its a horrible thing thats going on. It has to be broken. For the health of this country, it has to be broken. Maria its very sad to see our cities this way. Rudy, well go listen to you on your podcast. Thank you so much. Great to see you this morning, sir. Rudy giuliani. Thank you, maria. Always a pleasure. Maria well see you soon. Well be right back. The volatil. The ambiguity. The moment calls for more. And Northern Trust delivers more. With specialized expertise. Proven strategies rooted in data and analytics. And insights borne from over 130 years of successfully navigating economic turbulence. Giving you clarity. Inspiring confidence. And helping you uncover new paths forward. Northern trust. Wealth management. i need it so bad dont call it a hobby. Its way more than just a job. This is how we live every single day. Can we go and play . roaring of engines i needed to try needed to fall i needed your love im burning away i need never get old maria welcome back. President trump making his case to all americans, officially accepting the nomination for a second term. Did his speech resonate with voters . Joining me right now is pollster and the president of mislans kim of partners and the author of persuasion, lee carter. Great to see you. You have dials this morning. We are eager to know how everything resonated last night and this week. You have been tracking the response from republicans, democrats and independent. Lets get into it, lee. We want to see the reaction to the president first slamming joe bidens plan for taxes and the economy. Heres the president. He has pledged a 4 trillion tax hike on almost all american families, which will totally collapse our rapidly improving economy and once again record stock markets. On the other hand, just as i did in my first term, i will cut taxes even further for hardworking moms and dads. I will not raise taxes. I will cut them and very substantially. Maria lee, explain what were looking at here with the red line and the yellow line. Walk us through it. The red line, republicans, the yellow line is independents, the blue line democrats. Not surprising at all how democrats react. Whats most important to me is watching those independents, the yellow line. Thats where the election is going to be won and lost. Its where the president won the election last time. What were seeing right now is that independents really seem to be tracking with republicans. Im somewhat surprised by it because the narrative out there is that this president is extremely polarizing and a lot of folks arent with him but they are with him on his message a. His speech last night i wouldnt giving it an a. Its a solid b plus. It resonated with a message. It was long. It was detailed. I didnt pack the energy he usually has. Thats what you saw in those dials. Usually when the president is speaking at his rallying youll see the dials go off the charts, sometimes you wont see the red line because it gets so high. This wasnt one of those moments. But certainly he made his point. What we heard from voters, what i heard from voters when i asked what they took away from the his speech last night is two things. One, this is a president who is going to fight for me and its a president thats focused on the economy. Those are two things that are important. Ultimately, he did his job. Maria yeah. See, as a registered independent myself, i always focus on policy. And the fact that youve got so much policy in this rnc resonated with independents. The president also speaking about the future of the American Dream. So tell us about this one. The direction that the country would take under a joe biden presidency. Lets watch. Face a clear choice between two parties, two visions, two philosophies, or two agendas. This election will decide whether we save the American Dream or whether we allow a socialist agenda to demolish our cherished december a destiny. Maria once again youve got that yellow line moving up, lee. Youve got that yellow line going right alongside with republicans, really, really important to understand. The president here is really trying to define his presidency as the future of america, the American Dream. And joe biden as killing it. And we saw very similar kind of dichotomy last week. What we didnt see was the independents lining up so much with the supporters. We see this week independents really seem to be lining up with the republicans and thats good news for the president. Maria President Trump also commenting on the Democratic Party agenda. Lets take a look at that one. At the Democrat Convention you barely heard a word about their you agenda. Thats not because they dont have one. Its because their agenda is the most extreme set of proposals ever put forward by a major party nominee. Joe biden may claim he is an ally of the light. But when it comes to his agenda, biden wants to keep us completely in the dark. Maria lee . You can see here, again, and this is surprising to me. Usually when you have attacks they dont resonate quite as strongly, you dont see as much enthusiasm. He had a couple of really direct hits in his speech and they still did resonate. I think its really important that we understand, those hits are going to land and this is what people said. A lot of people said last week were undecided, felt that joe biden didnt explain to them exactly what his policies were, talked a lot about being decent and a lot about how bad things were under trump, not what he was going to do differently. I think that was an important fight that he took and one that did land. Maria so do you believe that the rnc boosts the president after this week . Are we going to see a change in some of these polls after this week, lee . What do you think . I do think so. I think that youre going to see a bump this week for trump. We didnt see one for biden after his which is very unusual especially because he had a one, two punch, announcing Kamala Harris and his convention. He didnt have a bump. But i do believe based on everything we saw this week we are going to see more enthusiasm for the president. He made his case. People really love to hear the american stories and the stories of average americans who were impacted by the president s policies so he had a very, very good week and i expect to see a bump. Maria great work, lee. Love your analysis. Thank you so much. Lee carter. Stay with us. Well be right back. Liberty mutual customizes your car insurance, so you only pay for what you need. I wish i could shake your hand. Granted. Only pay for what you need. Liberty. Liberty. Liberty. Liberty. Where you can find games, news and highlights. All in one place, right on your tv. The xfinity sports zone. Use your voice to search every stat and score. Follow the teams you love. And, even get notifications with breaking news alerts and more. With the xfinity sports zone everybody wins. Now thats simple, easy, awesome. Say xfinity sports zone into your voice remote today. You can adjust youriggest sacomfort on both sides. Eep your sleep number setting. Can it help me fall asleep faster . Yes, by gently warming your feet. But can it help keep me asleep . Absolutely, it intelligently senses your movements and automatically adjusts to keep you both effortlessly comfortable will it help me keep up with mom . You got this. So you can really promise better sleep . Not promise. Prove. And now, all beds are on sale. Save 50 on the sleep number 360 limited Edition Smart bed. Plus 0 interest for 60 months on all smart beds. Ends monday. Maria time for the morning buzz. First up, kindness matters. Physical attraction is not most important for americans over 5 0 in the dating pool. Its being nice thats most important. Two out of five Older Americans are more nervous about first dates than when they were younger. James i think i would be nervous. Its been a while. Im fortunate. My permanent date has kindness and hotness. So i dont really have to choose. But [ laughter ] james its interesting that one of the findings in there was that people like the fact when theyre older, they dont have to spend time with their date so much. So, i dont know, make of that what you will. Maria big shoutout there to vickie. Next up, the chicken wars are getting spicey, dagen. Wendys not missing a beat, responding to mcdo mcdonalds nw spicey chicken mcnuggets announced earlier this week, wendys tweeting must have scrapped up all of the leftovers and slapped a mcprice tag on it. Mcdonalds tweeted this, you think you can hurt my feelings, my best friend is named after a expression of pain, along with a photo of grimace. This war of words may be good for business on both sides. Dagen ill leave it at this. Grim mas grimace is my spirit animal, if hes an animal. Is grimace an animal . I dont know. I relate to grimace in every way. One thing about mcnuggets, even though i no longer eat meat and havent for a decade, the taste of a mcnugget and crunchiness lingers with me to this day. Everyone has a life long favorite sauce. Mine was Honey Mustard which im not sure they make anymore. Maria go yo ahead had, james. James [ indiscernible ] maria coming up, senator Marsha Blackburn is here, she will join me on the other side of this break to recap the rnc. You are watching mornings with maria live on fox business. Get realtime insights in your customized view of the market. Its smarter Trading Technology for smarter trading decisions. Fidelity. Find your getupandgo. Find pants that arent sweats. Find your friends. Find your sense of wander. Find the world is new, again. At chevy wed like to take you there. Now during the chevy open road sales event, get up to 15 of msrp cash back on select 2020 models. Thats over fiftyseven hundred dollars cash back on this equinox. Its time to find new roads, again. Good friday morning. Thanks for joining us. Im maria bartiromo. Friday, august 28th top stories right now 8 a. M. On the button on the east coast, President Trump formally skipping the republican nomination for second term highlights and analysis this morning, from the final night of the rnc, coming up tennessee snow Marsha Blackburn here on rnc stimulus stalemate on capitol hill House Speaker nancy pelosi assess joe biden should not dean President Trump, biden not taking speakers advice. Cleanup beginning as storm works toward the northeast. Turning to markets this morning, we are looking a at a rally underway for the major, are dow industrials expected up 150 points out of the gate this morning the nasdaq up 17 s p 500 up 12 and one half in fact, we are in record territory, once again, s p 500 scoring its 134th record close under President Trump yesterday, gain almost 6 points we are in unchartered territory after Federal Reserve chairman jay powell announced major shst in fed approach to inflation signaled a long era of low Interest Rates, to come. Plus airlines hitting turbulence united warning nearly 3,000 pilots could be grouped bid october mornings with maria is live right now. Global markets mixed have turned higher have european indices ft 100 up a fraction as cac quarante in paris dax in germany lower by 10 points, germany chancellor Angela Merkel warning the coronavirus pandemic is likely to worsen in coming months, in asia japanese Prime Minister shinzo abe announced resignation, the news weighing on stocks in japan market higher nikkei average down, one and a half percent resigning for health reasons,. Some top stories that we are watching this morning, President Trump, wrapping up rn. C officially accepting gop nomination for president making his case for rereflex. Joe biden is not a savior of americas soul he is the destroyer of americas jobs. And if given the chance will be the destroyer of american greatness. Joe bidens agenda is made in china. My agenda is made in the usa. [cheers and applause] the final night Republican National convention capped off with a fireworks display over cal fireworks spelled out trump 2020. President trump also promising to find a vaccine for covid19 restore law and order to democratrun cities. Protesters allegedly chasing pushing senator rand paul as he left the white house following President Trumps rnc speech look at pictures, they are mondays him kentucky lawmaker got just got attacked by angry mob over 100, one block away from white house, thank you to the d. C. Police department for literally saving our lives from a crazed mob writes senator rand paul. Hurricane laura blamed for at least six defendants, a tropical depression slamming into louisiana texas category four widespread damage across louisiana and texas leaving at least 700,000 people both states without power causing a clean Chemical Plant in westlake louisiana to catch fire. Centers for Disease Control prevention clarifying guidance for covid19 tests cdc says anyone in close contact with contenders or probable covid19 patient should get tested, this after earlier recommendation people who show no symptoms do not need to be tested estimated 40 people have coronavirus are asymptomatic. Trump administration is expanding rapidly testing for covid with purchase 150 million tests, from Abbott Laboratories food and Drug Administration approved 15 minute test wednesday, this week. Shares of abbott lobs soared nearly 8 yesterday up again this morning, another 2 1 3 joining the conversation all morning Dagen Mcdowell, James Freeman from the the wall street journal. Of the great to see you guys today. Dagen great to see you. Call me getting on show about time the. Dagen [laughter] President Trump accepting nomination last night wrappingt up the Republican National convention made it clear to americans who to vote for in november, watch. At no time before have voters faced a clearer choice between two parties, two visions, two philosophies or two agendas. This election will decide when we stay in American Dream or whether we allow a socialist agenda to demolish our cherished destiny their agenda most extreme set of proposes ever put forward by a major party nominee. Joe biden may claim he is an ally of the light, but when it comes to his agenda biden wants to keep us completely in the dark. Maria joining me right now tennessee senator Senate Armed ServicesCommittee Commerce as he Judiciary Committee member Marsha Blackburn senator it is great to see you this morning thanks very much for being here congratulations on your speech this week at rnc what do you make of the fourday event. I think it was very positive. And a willful way to show contrast. Plus democrats have done was depressing we dont believe in meshlg we dont like donald trump version, of america, we dont want to change washington, d. C. ,s and it was just kind of dym doom and gloom, all this, positive what President Trump has done ep what he is going to do, and real people telling stories how he impacted their lives. Maria meanwhile right on cue after your colleague senator rand paul was done he was nearly attacked as walking to his car, with his wife. You saw a mob 100 people surrounding the senator, he thanked the police after all was said and done, so, i mean, the same situation that we are seeing, being called peaceful protests yet intimidating people in the Republican Party and elsewhere. Mobs. That is correct. And the intimidation tactic push by democrats to Defund Police under found militarily abolish ice a part of their platform. This is all i thought interesting maria, that Bernie Sanders during the Democrat Convention and Bernie Sanders is an admitted socialist but caucuses with Democrats Party said to movement his movement, look our agenda has become mainstream. They have taken our agenda. And what an admission a Democratic Party has gone this far left, that for socialized medicine support Defunding Police never stood up supported Law Enforcement in their convention, and you dont hear them pushing back against the rioting and looting the vandalism and indeed it was yesterday before joe biden had anything to say about this. People have distinct choices they want safety and security for families, their communities, they children to be able to go back to college want to go back to work, they wont like to return to normal, and they are aghast when they see all looting, and rioting in the streets. Maria yeah. They also want to feel protected in the shutdown but weve got the stall continuing on stimulus senator House SpeakerNancy Pelosi White house chief of staff meadows speaking by phone yesterday pelosi said democrats would be willing to accept a smaller package is that what youve heard a meadows called conversation 25 minutes of nothing, so take us behind the curtain senator in terms of your dealings with your colleagues on the left. Over the stimulus. Well, nancy pelosi was wanting four trillion dollars so she can keep economy and people in lockdown what they would like to do they want the misery index to go off the charts, then came back said oh, we will take 2. 65 trillion dollars. So the question is where do you want to spend it what do you want to do with it because there is still one trillion Dollars Money that has not been spent. Maria right. They say you get us the 2. 56 trillion dollars and we will tell you how were going to spend it for weve got going bailout blue states blue cities because they have been terribly mismanaged they need some cash, let me tell you something, tennesseeans tell me every day they do not want their hard on the other hand tax dollars being used in to bailout states forgive lus with taxpayer money not going to stand for it. Do you think this is resonating with voters your take on battle for Senate Couple acrossive spoken with say they are concerned about the senate, this november gop depressing at risk, including maine, Susan Collins colorado cory gardner what are you hearing what senate relevancy are most important we should be looking at other than yours. Yeah, you know, one of the things that i am doing for my colleagues this year, is chairing the targeted state victory fund to make certain the resources are there tor thevenl watching tight races maine north carolina, iowa arizona, colorado, we also looking at pickup opportunities, alabama, michigan, new mexico, and we are watching what is happening the president s numbers are doing very well. In some of the states that i have previously mention and i add to that wisconsin and minnesota. Because the issue i think the security moms are back in full focuses, secure communities secure health care secure our jobs, and they can depend on donald trump for that. Makes a lot of sense i appreciate you walking through races we will be watching , of course, great to see you senator thank you so much. Thank you. Marsha blackburn joining us there much more ahead first we bring you this note please join is Charles Payne wednesday, september 2, 2 pm eastern another virtually town hall america together charles channel special gets dave portnoy answer questions about taking control of your wealth and investments are you a millennial or gen zer message on facebook, instagram email vested in you foxbusiness. Com we get questions answered maybe on the air as well stay with us you are watching mornings with maria, live on fox business, we will be right back. Now is the time for a new bath from bath fitter. Every bath fitter bath is installed quickly, safely, and beautifully, with a lifetime warranty. Go from old to new. From worn to wow. The beautiful bath youve always wanted, done right, installed by one expert technician, all in one day. Weve been creating moments like these for 35 years, and were here to help you get started. Book your free virtual or inhome Design Consultation today. Strongest possible terms, the Republican Party con delz the rioting looting arson, and violence we have seen, in we must never allow mob rule. We can never allow mob rule, as long as i am president defend absolute right of every american citizen to live in security dignity and peace if the Democrat Party wants to stand with anarchists agitators rioters looters flag burners that is up to them but i as your president will not be a part of it. My city is in shock. Murders shootings Violent Crime are increasing percentages unheard of in the past dont let democrats do to america what they have done to new york. Maria President Trump and former new york city mayor Rudy Giuliani speaking at night hour Republican NationalConvention Last night a major theme of the night state of American Cities law and order in america joining me Peoples Corporation founder chairman ceo don the peebles you are a Real Estate Developer have assets in new york in florida across the country, your take, on what this administration is trying to communicate about cities what we see in terms of crime homelessness drug use, et cetera, across our country. Well i think the administration i think the president and look at republicans National Convention this week, they certainly were reaching out to african American Voters letting African Americans understand that by their policy actions, that they mother that they are very legitimate issues of krim like criminal Justice Reform supporting historically black claijz but same cities of to be livable people protest an american right however violence very disruptive cant be tolerated i think what they are saying. Most americans feel same way the vast majority of americans especially those occupying cities around the country do not want to see cities destroyed by a small o group of destructive anarchists. You mentioned African American community there is obviously, was outreach there, from the the wall street journal out with new oped in journal this morning, gops wideopen arms talking about the importance of the president s support among minorities she writes mr. Biden has left black and hispanic support at this point in the rave than Hillary Clinton and barack obama did democrats like to point out mr. Trump won by a margin 80,000 votes across three swing states Trump Campaign knows increasing support even a little among minority communities is key key battle grounds could prove huge not just a farther of the convention they led with it was big part out outreach Gay Lesbian Community tried to also reach out to women. A lot of women in the administration. And the campaign as well. Is it resonating don . I think it is to some degree, look, i think of course that the Trump Administration has been trying to reach out with African Americans voters through policy, and through results low unemployment, upwardly mobile economy criminal Justice Reform and the like, and i think what the democrats are saying is look here is what we promised to do for in you the future. I think that is going to resonate with some voters who are historically democrats but i think they are going to be voters going to say that we dont like i can the direction, of where the country has gone in the past, and that there has been a widening wealth disparity under democrats and that they are going to take a closer look at this administration, because in the end of the day what we all strive for a levelplaying field with all americans equal Economic Opportunities equal Educational Opportunities equal protection under the law i think voters are going to look at i think if you look at policy, by this administration, certainly many of them benefit African Americans across the country. Yeah, let me ask you about real estate in covid19 big cities across america obviously, seeing that, big decline in prices amid the pandemic, and amid all of this vandalism, Real Estate Sales in manhattan down 56 between march and august compared to same time last year don, what do you think is how is is this going to play out . I know you told me youve seen real impact to places like florida, where people are leaving high tax cities and going to no income tax places like florida and texas. Yes, i mean look, people were moving out of new york city several years before the pandemic. The quality of life in new york city has been in a decline several years so people were leaving. Then you have elimination of the state and local incomes issue in terms of crime all that taking place now with pandemic, just accelerated it, and americans in new york city in particularly got comfortable with Remote Working so they now made quality of life decisions that is having a devastating impact on remarkets in all sectors in new york city, but a tale of two cities because you have other cities like a miami like a palm beach, like a tampa like a jacksonville like orlando in florida all doing well or nashville or austin, cities that are probusiness, that are providing a safe environment for the citizens to live in, that have a good quality of life are competing very well. It is the cities that have relied on prior recommendations, perceived need you have to be there the ones struggling they are going to continue new york is at the top of the list unfortunately. Don i want to hear so much from you going to be my guest on wall street wall street this weekend see you 9 pm tonight on fox business thank you. Thank you. Look forward to it. Come up walking out the nba, mlb showing solidarity we are talking about it next. Thats great thats 15 on top of what geico could already save you. So what are you waiting for . John stamos to knit you a scarf . All finished, jean. Enjoy thank you. I give. The stitch work is impeccable. Its just a double fleck pattern with a reverse garter stitch. No big deal. Is your hair this soft . Softer. Geico. Save an extra 15 when you switch by october 7th. Geico. Coming to the green flag, racing at daytona. Theyre off. In the kentucky derby. Rory mcllroy is a two time champion at east lake. He scores stanley cup champions. Touchdown only mahomes. Expect anything different . The big events are back and xfinity is your home for the return of live sports. You can adjust youriggest sacomfort on both sides. Eep your sleep number setting. Can it help me fall asleep faster . Yes, by gently warming your feet. But can it help keep me asleep . Absolutely, it intelligently senses your movements and automatically adjusts to keep you both effortlessly comfortable will it help me keep up with mom . You got this. So you can really promise better sleep . Not promise. Prove. And now, all beds are on sale. Save 50 on the sleep number 360 limited Edition Smart bed. Plus 0 interest for 60 months on all smart beds. Ends monday. Maria welcome back, sports world coming to near stop for a second straight day, the new york mets Miami Marlins walked off field taking a stand for social justice. The wave of to one another, so it would appear as though after poignant moment that the mets and marlins i will not be playing baseball tonight. Maria a black lives matter tshirt placed on home plate seven other games postponed amid protests follow nba wmba boith games after shooting of jacob blake nabout. A playoffs to assume after a vote yesterday, your reaction. I think we should say we have been talking a lot about violent protesters, and mayhem in a lot of cities, these are players who are peacefully protesting so they are speaking out on a nation they care about i think should be noted but as far as content i think we have learned, that the black lives Matter Organization has an agenda includes defunding the police that goes way beyond any of the particulars of these recent tragedies i guess would i hope people consider that give Justice System a chance to prosecute cops when they do we will slip in a break confidential resources executive chairman haro harold hammis here well be right back. Ce today so youre a small business, or a big one. You were thriving, but then. Oh. Ah. Okay. Plan, pivot. How do you bounce back . You dont, you bounce forward, with serious and reliable internet. Powered by the largest gig Speed Network in america. But is it secure . Sure its secure. And even if the power goes down, your connection doesnt. So how do i do this . You dont do this. We do this, together. Bounce forward, with comcast business. Back. Good friday morning. Thanks so much for joining us. Im maria bartiromo. It is friday, august 28th were awaited wreaking Economic News this morning, we will get person income spending numbers for month of july economists expecting income to slip 2 10 of a percent spending to cfo by one and a half futures in record territory again at highs of the morning right here dow futures up 155 points, nasdaq futures up 8, s p futures up 121 4, we are looking at money moving into equities on the heels of a successful rnc, this week, the final night last night when president accepted the nomination, for a second term, personal income spending numbers are coming out usually not a major market mover but a very important look into what is happening with the consumer here is Cheryl Casone. Cheryl okay maria go through a few right now personal income were seeing a jump. 4 that is income looking actually for decline, of. 2 the assessings rate coming in 17. 8 , also spending a jump 1. 6 spending higher by 1. 6 looking for the a jump of half point 4 core pci jump. 3 that is core pce looking actually for a jump a half percent there, then, that is the top numbers that i wanted to give you right now i will send it back to you those are headlines. All right cheryl, thank you dow industrials up 150 points nasdaq 4u7 1 2 s p futures up 11. Now not major reaction to numbers better than expected as we heard from cheryl, the white house officially on President Trump formally accepting republican nomination latter night vowing to unite the country in second term. In a few term as president we will begin build the greatest economy in history we will defend america against all threats, and protect america against all dangers. We will lead america into new i frontiers of joe biden may claim he is an ally of the light, but when it comes to his agenda, biden wants to keep us he completely in the dark. Maria a joining me right now confidential resources executive chairman haroeld hamm great to have you this morning thanks for being here your reaction to what you heard this week, and the impact, for example, on the energy industry. Lets start there, which is, of course, what you do. Did you get anything in terms of what you might see differently in your business . The well second term . Yes, the president should get a second term, the president intervened back when saudis russians were basically fighting, and causing the bottom to fall out of the market, and he intervened brought stability that is why we have, you know, prices low due to demand being allow right now. But it is stable. So, people are putting mind back to work, and what what is to come in the future. We have an abundance of oil and gas this country, and and as a result, Consumer Prices are low, and everybody is getting a break. You got less than 2 gasoline for much of the country, and natural gas is in abundance, cleaned up air in the country, we have cleanest air in the world. And in america today, so, i feel good about where we are at. Energy independence meant so much to america. He has a free hand to work issue as weve seen in the middle east, and bring stability in the middle east as well. He has told me that he wants to continue the deregulation perhaps we see more deregulation in energy stays i want your take on that i want you to look at this market talking about 135 record highs under trump for the s p 500. And i keep saying this i feel like this is the elephant in the room i dont think the market would be trading where it is today and again rallying this morning up another 155 points ifth the market thought we were going to see a change in policy,s in my view part of this gain for the markets has to do with investors believing policies will not change. Tax cuts deregulation, will be in place that President Trump will win do you agree with that . A lot of people like to come up with Different Reasons why market is trading higher in my view because wall street right now could it change but right now beth on Trump Presidency policy he put in place continuing. Well this. The biggest thing that happened, you know, reversal of obama policies, that is huge energy played a good role in that, and o he you know, trumps policies have been everything, tax cut has worked great. For all americans, across entire spectrum putting people to work what it is all about unemployment, most people back in the workplace, who would have thought those numbers could have been what they were . That is big news. I think, people are betting that, you know, that trump about reelected and certainly that should be the case. Of course, you also have to attribute the Federal Reserve this idea that they are going to change their approach to inflation. That will keep record low Interest Rates where they are. Meaning not a lot of alternative if you are looking for yield let me get your take on laura and the hurricanes path of destruction harold the storm now tropical depression blamed for at least six deaths what is the hurricane laura Tropical Storm lauras impact on Energy Sector from your standpoint . Well it always affects us any time it comes in roads shut down in the gulf evacuated, and that always happens the other big impact is refineries have to shot those in make sure no damage there, and so, that that impacts our industry for a short term. But gas prices are up 2. 70 this morning a result of all the shutins in gulf of mexico, so, it does impact us, you know, for hardhit as those places were, one wonder death toll the wasnt much higher than that. When oil prices were failing like a rock, last year, there was a lot of worry that the shale industry would be broken, harold. Where are we in that . You know we saw a number of Shale Companies unable to handle it actually had to declare bankruptcy close shop what is your take where we are with shale industry now at levels we are in in the 40 range. We are going to see restructured industry coming out of this. The companies that are struggling continental others, Gas Companies being much stronger we are seeing a great improvement in efficiencies begins a every time we slow down like this we do that. And our company is certain working on that we have seen a great deal additional efficiencies we could build in in the future going into it but were seeing lot of private equities all that going by the way side. A lot of them are being put together under one team or another, and in the industry, you know, refer to them as cramcos, several companies crammed together others weak sisters not making it there have to file bankruptcy you have to prepare for this, this industry is slick cal goes up and down make sure you are not too far out over skis in debt what is part what have we do in this industry, you survive it, you go on to better times, and this is where we are headed this industry is as i stabilizing we are heading to better times. Harold one of the most important indicators for the price of oil, and really, the health of the industry is global demand, right . So how let me get your take you are a business man you are seeing where we are in terms of the shutdown you know where we came from. Before covid we had 3 1 2 Unemployment Rate in united states, we had real euphoria, in the united states, in terms of the economy. What are your expectations for 2021 is in an going to come back harold. It is were going to survive this pretty good shape. You know, we are going to survive the covid19. What we cant survive is socialism some of the policies that you know we need law and order, and must have that in this country. And demand is coming back. We are seeing people daily, with covid19 now they are back getting in airplanes flying Wearing Masks all things know to do to deal with this, we are seeing, almost back to 50 flights again, in u. S. So, demand is coming back finally utilization up 82, 83 coming back, you just have to wait for that to happen people people drying a heck of a lot more than probably have, so gasoline sales is good diesel, of course, good we are seeing that demand restore 2021 you mentioned that that is going to be a very good year for us were looking forward to that, continental has a lot of running room tremendous inventory, and, you know, so, are companies that the stable like us going to do very well. Maria we will follow the growth story of continental as we always do great to see you this morning, obviously, we are all learning adapting how to live with this, because this is going to be with us we are being forced to adapt so we will hopefully see that demand come back as you say harold good to see you this morning. Thank you, sir. You bet thanks for having me appreciate it. Harhe old hamm joining us in washington thank you bidding for tiktok who is teaming up with microsoft . To stretch o commerce reach is if we are taking a look. Stay with us you are watching mornings with maria live on fox business. Because you know it dont matinee you cannery on the old mans monday you can rely on the old mans money. Maria welcome back, the race for Tiktok Walmart confirming it will join microsoft in bid for the controversial social media sensation beijingbased company owns tiktok reportedly asking for 30 billion dollars for u. S. Operations, Dagen Mcdowell reaction to walmart joining microsoft in this bid. Dagen bedfellows for sure walmart apparently has better relationship with the Trump Administration, executives than microsoft maybe will help the wheels to meet the pricetag not clear founder bytedance wants to sell if price isnt agreed upon into a game of chick between bytedance and tiktok and Trump Administration, as we head towards the election, in november. Maria yeah i mean the president has given a timing that says look, if this is not acquired by u. S. Company, by september 15th i believe, then you will be banned in the united states, james my question has been, how many tiktok employees are going to work at microsoft and walmart, as you know, the China Communist Party has been very effective at identifying insiders and steal from within, so what about the National Security and privacy fears surrounding tiktok will Walmart Microsoft combination allay those fears. Big question definitely beyond tiktok has come up with huawei, and other companies, i dont think the president federal government ought to decide when American Company buys u. S. Operation but the question of tech and Telecom Companies based on china, the privacy and National Security issues is a big one under chinese law they have to share information they have to cooperate with the dictatorship there. Tiktok like huawei says we wouldnt we never, have we wouldnt share information. But this is probably news to a lot of people in china that when you get from a directive from Community Party you can ignore it we heard from chang the way in prison beaten in china for speaking out very hard to credit these claims from Chinese Companies that they are going to opt out of demands from the dictatorship there. Maria that is right case of Civil Military fusion where you are forced to tell ccp and answer what it wants i enjoyed your oped the other day putting that out there, that maybe he would be considered, by the Chinese People to become the the successor to xi jinping, we will see if xi jinping is under any stress we know dictator for life right james . Yeah should be, i think maybe this is one thing Going Forward we want to focus on more we see how crushing personal liberties regime has in hong kong, and lets not assume that this dictatorship is forever, and lets start encouraging those voices of freedom over there that want another path. All right. We will take a break when we come back covid19 toll on airlines, who is cutting jobs, that is next morning mover look at cocacola restructuring, Quarterly Earnings all that right after this. vo elevate your senses. The audi a6. Get exceptional offers at your local audi dealer. Yeah. This moving thing never gets any easier. Well, xfinity makes moving super easy. I can transfer my internet and tv service in about a minute. Wow, that is easy. Almost as easy as having those guys help you move. We are those guys. Thats you . The truck adds 10 pounds. In the arms. Okay. Transfer your Service Online in a few easy steps. Now thats simple, easy, awesome. Transfer your service in minutes, making moving with xfinity a breeze. Visit xfinity. Com moving today. You can adjust youriggest sacomfort on both sides. Eep your sleep number setting. Can it help me fall asleep faster . Yes, by gently warming your feet. But can it help keep me asleep . Absolutely, it intelligently senses your movements and automatically adjusts to keep you both effortlessly comfortable will it help me keep up with mom . You got this. So you can really promise better sleep . Not promise. Prove. And now, all beds are on sale. Save 50 on the sleep number 360 limited Edition Smart bed. Plus 0 interest for 60 months on all smart beds. Ends monday. Continuing to take toll on airlines United Airlines latest to announce job cuts will furlough over 2800 pilots once government aid runs out october 1 after American Delta announced pilot furloughs october a city could mean further bad news cdc finding high covid19 transmission on planes among asymptomatic carriers dagen. Dagen this study we are talking about with cdc, of involved they were rescue planes rescue flights out of infected areas early on, and numbers i think seven people infected out of 300 tested, to put that in perspective. But, again, these airlines, running so fat before crisis that they already got 25 billion dollars, in bailout money to keep from layoffs happening before october 1st or late september now want another 25 million, to avoid layoffs through the end of march 2021 were bailed out after 9 11 this has to stop they have got to learn to run leaner other Smaller Airlines not having the same problems of american announced 19,000 job cuts by october 1 united and very, very large airlines. I think you make a really good point i know james you probably agree you dont want to see lots of bailouts you dont want to see government having stakes in public companies, but what do you say about this this is a different situation because they were forced to shut down and now they dont have much revenue, so , you know, not like mitigating managing i dont think. They dont have the business. Real no capital structure that will work if government does not allow you to commerce, so i think the answer is we have to open up fully and governors have to stop quarantine rules restrictions on people who would travel to certain states, we should have learned by now the economic and Health Disaster new york and new jersey failure was not to prioritize at highly vulnerable elderly population. And we did we wrecked the economy in this region for everyone we need to open up we need to allow people who are at low risk, which thankfully most people are to travel to do business. Maria good point we will take a short break when we come back a checking retail on the move this morning you are watching mornings with maria live on fox business. Or whats trending. Get realtime insights in your customized view of the market. Its smarter Trading Technology for smarter trading decisions. Fidelity. Im making pizza on kings hawaiian mini subs. Yum kings hawaiian. Welcome back we are 30 minutes away from the opening bell for a friday, take a look at a morning mover, the stock is up 13 ahead of the open unexpected second order earnings as you see, the retailer taken ecommerce sales more than tripled in the quarter, was also able to bring back 70000 for load workers and all of its stores are operational as of last month, another retailer to watch is big lots under pressure, despite reported betterthanexpected quarter results, the stock is down a fraction, the company said the Third Quarter is off to a strong start but it does not have enough visibility to reinstate fullyear guidance, i suspect we will hear a lot of that with no visibility going into the third and Fourth Quarter from corporate america, lets get final thoughts from the allstar panel, Dagen Mcdowell. I think on display last night what happened after the republic National Convention ended would drive voters in november and that is harassment unrest, mayhem, anarchy and in other parts of the country, looting and outright violence that the left have a very difficult time condemning. They only really have a sustained voice against violence when it fits their political narrative, were condemning the murders of two individual but a vigilante in kenosha but the left only responded because it fits their narrative that this is all about Trump Supporters and white supremacist. All of it needs to be condemned but you will not hear from the left. Unbelievable. I scratch my head why, why wont they admit it, why, James Freeman no thoughts from you. President trump said last night that america is the torch that enlightens the entire world, fact check, true. [laughter] that is right, we want a strong america, 100 Dagen Mcdowell, James Freeman, thank you so much and have a great day and a great weekend we will see you tonight at wall street at nine, ten eastern Varney Company begin right now. Stuart good morning, everyone. What is the big story of the d day, the president wrapping up the convention, the amazing fireworks, all great stuff but lets go with history, lets go with financial history, that is what we are now seeing, we are wrapping up an extraordinary week, jay powell will. A ton of money and keep Interest Rates very low for years, that is a big help to wall street, great progress with the virus vaccine and test, we can see the way out of the virus mass, that