See reporting live from Nationals Park in washington, washington, the site of game three of the world series with the hometown nationals leading the astros two games to none. They bring the world series to our nations capitol. It marks the first time the series has been played here in 86 years. Could be the first time this team has ever won it, the first victory for the city since the senators won the world series way back in 1924. In a moment i will speak with Ken Rosenthal from pox sports. First we begin with fox Business Team coverage of top stories on a friday. Gerri willis on the floor of the new york stock exchange. We have Edward Lawrence live at the white house. Susan li with the latest on Mark Zuckerbergs fireside chat. Grady trimble in chicago on the looming United Auto Workers decision but first, to the white house, a man who has a big nationals fan wishes he was here. Edward, first to you. Reporter that is true. Im very jealous of that assignment. You can see what the marke
The republicans have released 66 page Healthcare Plan that aims to replace obamacare. The plan says it will transform the individual marketplace current regulatory structure, unwind washington centric approach and largely return Regulatory Authority to individual states. So heather, would you sign on to this . So far i like what i have to here, havent read the 66 page plan but as they unveil the details it sounds a lot better than what has been proposed from senator warren without the details her medicare for all which according to committee for federal Nonpartisan Committee they said if we double the Corporate Tax rate even if we increase tax brackets the top two, 70 and eliminate loopholes that we feel cannot pay that only covers 40 of the 30 trilliondollar price tag on medicare fraud. They had this plan a couple years ago they couldve repealed and replaced obamacare. It has some good things from what i skimmed but it beats around the bush that theres fundamental issues of healthcare
All that and more on making money. Charles the markets essentially flat. All eye what is happens next, in the first phase of this u. S. China trade truce. Both sides say there is more work to be done. President trump says in fact he could sign a deal with President Trump summit in chile. Treasury secretary Steve Mnuchin says there is deal in principle and what is coming in store for next couple weeks. There will be deputy level calls this week. There will be principal level calls next week with ambassador lighthizer and myself and the vice premier. Those things are planned. I wouldnt be surprised if there are deputy level meetings in person. Our expectation well meet with the vice premier before the president s meet in chile to finalize any issues. We need more inperson meetings done obviously well do that. Charles coming collapse of china author, gordon chang. First your initial assessment of the agreement we saw on friday . I dont think there is really an agreement, charles. What the
Risk . This is bulls bears. Im david asman. Joining me, heather zumarraga, kristina partsinevelos, and jonathan hoenig. A measure of u. S. Manufacturing activity grew at the slowest pace on trade worries so is our economic expansion at risk . What do you think . I dont think our economic expansion is at risk, unless we have a fullblown trade war. Right now, after the g20, it doesnt look like we will have a fullblown trade war. I know we still need details on intellectual property theft, but the fact that we have at least paused tariffs in the short term is a good thing for the markets. Thats why the markets were soaring today. Economic expansion thats this long is always at risk of something ending it or nothing ending it. It doesnt go on forever, usually. I dont think this trade war ever was Strong Enough or big enough to derail an economy because partially because we basically got a stimulus plan in the combination of tax cuts and increased spending in an already okay economy that ma
Trading resuming after all three major averages closing in record territory on wednesday and markets of course closed yesterday for independence day. Jobs report out in just over two hours. Economists are expecting 160,000 jobs added to the u. S. Economy. Unemployment expected to hold steady at 3. 6 . Joining me this morning, fox business jackie deangeles, max funds. Com cofounder, jonas and chief workforce analyst joanie courtney. Thank you all. Good to see you. One day after the holiday. So jonas, what are you expecting from the jobs report . Im expecting it to be a little weak, actually. Based on adp or Something Else . Based on the bond market. I dont think all these Bond Investors are wrong. I think were under a 2 yield because the economys slowing globally, not just here. Mostly globally, actually. If thats not what we get, the bond markets crash a little today and Interest Rates should go back up. Theyre basically pricing in a slowdown. I think stock market invests, which is at