The allegations in a new height. Big news from millennials their obsession with avocado toast it is monday it is september 16th fbn am starts right now. Little beetles to start off monday morning everybody welcome to fbn am and good morning im cheryl casone. Happy monday good morning im lauren simonetti. I want to take a look a lot of breaking news overnight it is affecting your money this morning. We are seeing pressure in the futures market on middle east tension what is we with just mention that tao is down 111 s p down 14 nasdaq down 59 remember, though, the fed is meeting this week a very busy week or for markets folks. Paying a look at the yield on tern injury treasury back on friday down to 1. 8 this morning. Well that attack in saudi arabia sending price are of oil surging this morning the contract was up more than 15 last night. Havent seen that since may 21st right now up about 7 and a half last on crude 58 8. Brengt at one point it was up 20 in asia, i do want to point out t
President mike pence mark short is with us this morning on iran, and as well the strength of the u. S. Economy today to really sock up who is needed fox news senior tszuj Andrew Napolitano weighing in on Brett Kavanaugh with a big three hours coming up and top story this hour is that attack. On Oil Production facilities in saudi arabia. The twin drone strike on saturday sending oil prices soaring intensifying middle east tensions, rebels claim responsibility for this. The u. S. Is rereleasing satellite foe e toes photos it is showing the impact it says came from the north and the northwest implying that tehran was more likely really the perpetrator here iran behind these attacks iran meanwhile deny any involvement. I spoke with michigan congresswoman and former cia analyst alyssa to sunday morning futures about it, yesterday. You are an expert in this field you did three tours in iraq yourself. What is reaction to what took place in saudi arabia . Ive seen the playbook before and iran
Well take you live to the president as soon as those remarks are coming up. Deirdre dorian could strike florida as a category 4 hurricane. This is the development over this weekend. Well bring you latest on preparations, why timing wise the hurricane is expected to hit. Connell busy hour. Fox Business Team coverage of all the top stories. Edward lawrence at white house, gerri willis on floor of the new york stock exchange, phil flynn at chicago and edward we start with you. Reporter chinese say they will not continue titfortat. A Chinese Commerce Ministry Spokesperson saying current level of retaliation is sufficient. That was, what he said when asked if the, about the president s increasing tariffs on september 1st and october first. President will up tariffs on 300 billion of chinese imports on september first, starting from 10 to 15 . Now part of that tariff goes into effect on sunday. The other part goes into effect on december 15th. This is designed to increase pressure on china.
Im talking about why they need more scrutiny, not less. All that and more on making money. Charles we got a slight rebound this morning, this after china sort of stepped up their efforts. They raised the value of the yuan just slightly, but that is in response to the United States yesterday calling beijing a currency manipulator. I want to go to edward lawrence. He has more with us from the white house. How the trade war has turned into a war of words. Edward . Reporter exactly, charles, that war of words is taking on to twitter too, the president saying he will protect farmers, saying the president hinting the fact if there is another bailout down the road, if china does not turn around to buy u. S. Agriculture, the president is highlighting the fact that money is coming into the u. S. Economy because our fundamentals are strong. But on twitter he said this, as they have learned in the past two years our Great American farmers know that china will not be able to hurt them. That their
Responding this morning. Dges and if your job has got you down. Youre not ace loan. Surprising figures show how stress america workers are and you wont believe how they are coping. It is monday it is august 19th, fbn am starts right now. And welcome to fbn am and good morning im cheryl casone. Good morning everybody. Im Lauren Simonetti thank you for joinings. Lets look at how your money is mondaying on this monday morning after the rally selloff with rally again were looking to green arrow this is morning a part of this has about to be hong kong down is up 183 s p 500 up 20 and quarter nasdaq 59 and half. Treasury yield this morning if you take a look at the tenure yielding 1. 0 bouncing higher. As Dollar Strength in last two weeks watching ole theres been pressure. A little bit of a rebound this morning up 38 cents 5825. Stocks in asia ending in green check out in china jumping over 2 after the people think of china announce plan to Lower Borrowing cost to help real estate and theyre