Survivors and Law Enforcement officials, after being in dayton, ohio. Well keep you updated on the president s movements throughout the hour. Get ready for next contender in the smartphone fight. Minutes from now, samsung unveils the new galaxy 10 and 10 plus. What makes it stand out from the iphone. Well look at results from lyft. Shares are currently trading, below their ipo. Well bring you breaking headlines just as soon as we get them. Ashley back to those markets. The dow as we said rebounding from steep losses earlier today as treasury rates plunged. Investors worried about a economic slowdown as the trade war drags on between the u. S. And china. Edward lawrence at the while house with latest on exactly where that trade war stands. Edward . Reporter ashley, a lot of movement within china now talking about possibly showing this could be a prolonged trade dispute with china of the chinese fully expecting 10 tariffs on 300 billion of additional imports to go into effect september 1st. Our chinese sources also telling us that the chinese are preparing for the 10 tariffs to become 25 Going Forward because china will not buy u. S. Agriculture. The chinese also at an annual government retreat where our sources say they are working on ways to retaliate against the u. S. That will not affect chinas economy. One of the ideas to further support Government Companies and support Foreign Companies in china, not just from the u. S. Still as chinas economy slowing, President Donald Trump seeing and believing china will need a deal. They are losing thousands and thousands of companies are leaving china now because of the tariffs. Were in a very good position as to whether or not a deal will be made, i will tell you this, china would like to make a deal very badly. Reporter a Senior Administration official tells me right now u. S. Technology firms are selling to huawei under a temporary general license. That license expires august 15th. The process started for companies to get a new license to sell after august 15th, but the decisions are still at least three weeks away. The terms sell to huawei, a new federal rule effective next week will bar felled ral agencies from federal agencies from buying from huawei, zte and three other tech firms t bans buying services and video, security, Telecommunications Equipment made by the companies. The rule will extend to Government Contractors in 2020. Both the u. S. And china are positioning themselves. The tones are hardening each side who will blink first to get concessions towards a trade deal. It appears unlikely there will be a trade deal this year. Ashley oh, boy, edward, thank you very much. Here to comment, jordan kimmel portfolio manager, and our good friend, todd horowitz, bubba trading show host. Let me begin with you. It was confusing start to the day. Interest rates around the world and here in the u. S. Plunging, the 10year down to 1. 59 . I always thought low rate were supposed to stimulate the economy. People will borrow, spend, but the stock market came down in unison. A very confusing situation especially for investors. Not really confusing, ashley, to me. Youre dealing with extremely nervous market. A market win investors looking at the very next headline. Everyone is trying to guess after a long run from 09, which had plenty of interruptions by the way. Everyone is trying to guess when the next recession is coming. Bond yields going lower, are a sign maybe growth is slowing. We know how low yields are around the world. I think what people need to do is knock it out of their zone, knock it out of their plan, really look for quality. The fact when you want to be afraid, ashley, when Everyone Wants to buy everything, valuations go too high, it is very reasonable market if youre willing to do your homework, think a little bit longer term than the next minute. Ashley keep calm, carry on says jordan. Todd, let me bring you. What does this do to the fed . Many people think they will make another cut before the september meeting, and a race to the bottom, the u. S. Has to respond in kind . Hi, ashley, i believe that the fed will probably panic just like investors today. Okay, the investor panicked when we saw the bonds. The fed will do the same thing. They will cut before the next meeting. I wouldnt be surprised if they cut before the week is over depending on market action. Theyre too in tune, that is their biggest. Ashley todd, to follow up, dont they have to be competitive as the dollar getting stronger and stronger . Were just not exporting goods. But the at end of the day they need our goods, they will do it. We are selfsufficient. We dont need to be involved with china. We can live without them. Melissa back to huawei as our own Edward Lawrence just reported the while house is banning u. S. Government business with five Chinese Technology giants including huawei. Jordan, what do you think of this one . There is a lot of opportunity out of side of huawei. We have motorola systems and plenty of business to do elsewhere. I think issue not so much the trade deficit with china, it is technology transfers. Everyone said for years and years we would fight it. Nobody did before. I think it is important. I think frankly, remember china as important as it is to the world, they are our Third Largest trading partner. Lets put things in perspective. Melissa todd, what do you think about that . Feels like everybody is panicking about all the different decisions, yet that is true. We have been saying for a long time. Somebody has to stand stand up o these guys. They cant make up rules and rob us of our technology . Many other countries around the world which to do business . I think President Trump is saying exactly the right thing here. All he is doing he is turning up the valve. He is turning up the pressure by doing this with huawei. He will continue to go. He is not going to back down. Now the biggest problem, i think china made was not making the deal when it was on the table. Because they tried to go against him. Now he will go harder, he will say im getting my deal or not. Really goes back to simple facts. Maybe we pay up more for goods. China is accommodating importing because devaluing yuan, what were trying to do with our currency. Every other world currency is doing. If we dont get a deal today, tomorrow, we wont get a deal. He will continue to turn up the hit. Melissa fedex is ending ground delivery contract with amazon at the end of the month as the ecommerce giant builds its own delivery service. Todd, i thought phrasing on this one was really funny. Fedex came out and said it is ending its contract to deliver for amazon. Theyre firing their customer . It is an interesting story. I would bet that a lot of that came from, that amazon probably kept squeezing them on price. Melissa can you hold that answer . I hate to interrupt you. I want to, liz is reporting Second Quarter results right now. We dont want to let that get away. Jackie deangelis, what is that number . Reporter looking at lyft right now, Second Quarter revenue 2. 51 billion. That is substantially higher than the estimates that we were expecting, 809 million. You can see that stock is up 10 right there. On earnings per share side, again, im still looking for this number. You guys just flashed it before. But it looks like it was a double beat for lyft. Melissa okay. We will take a closer look if dont have it in front of you. Reporter thank you. Melissa do you see it on the dow jones wire, ashley . What is it . Ashley 62 is that a gain or a loss . They were expecting a loss. Melissa forecasting a loss. Ashley that is impressive if that is true. Number of active riders up to 21. 8 million. That is impressive. Revenue, adjusted loss for the quarter, 197 million. Lyft, what it is doing afterhours, up 10 . Reporter thanks, guys. Melissa todd, what do you think . Jackie, your mic is still open. Lyft priced in this big after move. Options market tell you expectations 10 was expected either up or down. Im not a big fan. I would be more anxious to want a sell a company like this. I dont see how their overall Business Model will work getting down to it. Theyre still losing money. They might have shown a profit. Theyre still losing money. I dont know how they turn that around. Melissa ashley, come in. Ashley they are raising guidance nicely. Any losses will be smaller than anticipated. That is helping to pop the stock after hours, jordan. Lets see what happens. Well see if it sticks. I agree with todd. The i Like Companies that not only make money but have accelerating Profit Margins. I think this is overreaction to it. Im always nervous or concerned Companies Want to look at other than cash flow. Put up other metrics, number of riders number of eyeballs. That dont work in my model. Im much more of a cash flow. Im impressed by the move it made. Lets see if it sticks. I didnt see how much they make, i didnt see numbers. My guess is they will talk how much they lose and ridership. Well see if the gain sticks. Melissa thanks, guys. Ashley were diving into the details of lyft, initially good numbers and good outlook raised stock afterhours. Well get more into that. The battle of devices. Samsung unveiling the most advanced galaxy phone of the year as the company goes headtohead with apple. Where is your money best spent . Susan li got very sneaky exclusive look at samsungs new phone. She will have the breaking details next. Melissa another casualty of the u. S. Trade dispute. U. S. Tourism takes a hit as china urges resident to cut back on trips overseas. Critics say the escalating decline is putting economy at risk. Escalating decline. That is like jumbo shrimp. Ashley military intelligence. Bracing for a health crisis. Doc siegel sounding the alarm on what could become a national epidemic. What you need to know about a virus and its prevention coming up. Ed monthly payment. And get your Interest Rate right. So you can save big. Get a nofee personal loan up to 100k. You wouldnt accept from any one else. Why accept it from your allergy pills . Flonase relieves your worst symptoms including nasal congestion, which most pills dont. Flonase helps block 6 key inflammatory substances. Most pills only block one. Flonase. Dprevagen is the number onemild memopharmacistrecommendedng . Memory support brand. You can find it in the vitamin aisle in stores everywhere. Prevagen. Healthier brain. Better life. Im not really a, i thought wall street guy. Ns. Whats the hesitation . Eh, it just feels too complicated, you know . Well sure, at first, but jj can help you with that. Jj, will you break it down for this gentleman . Hey, ian. You know, at Td Ameritrade, we can walk you through your options trades step by step until youre comfortable. I could be up for that. Thats taking options trading from wall st. To main st. Hey guys, wanna play some pool . Eh, im not really a pool guy. Whats the hesitation . Its just complicated. Stepbystep options trading support from Td Ameritrade to the wait did frowe just winners. Prouders everyone uses their phone differently. Thats why Xfinity Mobile lets you design your own data. Now you can share it between lines. Mix with unlimited, and switch it up at anytime so you only pay for what you need. Its a different kind of Wireless Network designed to save you money. Save up to 400 a year on your wireless bill. Plus get 250 back when you buy an eligible phone. Click, call or visit a store today. Melissa breaking news right now. Lets go sort through the lyft results for you. It was a loss, actually of 2. 23 a share. Lets bring in Jackie Deangelis who has the details for us. Jackie, must leak our guests were saying they want to talk right away, lets add more riders and quarterly revenue beat estimates. If you look at the loss there, that is not good. Go ahead. Reporter it was not good at all. The expectation was for a loss of 1. 58. Substantially less than that. On revenue side looks better, 867 million versus 809 million. Uber will report as well. This is all about getting into the black here, getting profitable. That is not a great showing by lyft in terms of that. People will look for daily active riders to see if theyre increasing and average revenue per ride to be increasing melissa as well. Melissa thank you for that. Jordan and todd are back to react. Ashley if you want to pipe in and ashley looking to jackies point, the average per rider revenue was almost 40 bucks, 38. 77. That seems quite high to me. Melissa its a really big number and deeply suspicious. As someone who toggles back and forth between uber and lyft, every time i do that, you get a coupon from the other within to come back, i dont think i ever paid 40 bucks on lyft. Were talking about long distances. Were manhattan people going all the way out to the airport. Jordan, give me your take on the more, more details weve been sharing with you here . Specifically im old enough to remember stories of were losing money on every transaction but well make it up in volume. That really only works when you keep floating bonds, keep floating stocks. Melissa right. Have wall street line your back. When you look at the numbers, lyft is clearly number two in the space. Theyre also twice as expensive, when i look at metric price to sales which is what i like to look at. You cant look at earnings here, there are none. I will be surprised if the stock stays up there. A lot of times right now, these are people not making decisions on investing. This is actually algorithm trading. Goes above or below certain levels, computer want to buy. I urge investors find companies that not only increase revenues and earnings. I look at Profit Margins and cash flow. That is my model. I actually like accelerating including dividends. So lyft cant get into my bucket at least for a long time. Melissa okay. Ashley lets go from car rides to smartphones. In a bit to take on apple, samsung unveiling two smartphones, galaxy note 10 and 10 plus. The galaxy event is going on new york city. Susan li got a early look at the devices. Russell holly, mobile nation senior editor. Lets begin with susan. What can you tell us about the new smartphones . Reporter this is samsungs last chance to put themselves ahead of apples device announcement. This is after the debacle of the foldable phone. We have two galaxy notes introduced for first time by samsung. Usually they introduce one. Were looking at the galaxy note 10, 10 plus. They threw in a 5g model for the 10 plus as well. Were looking at 6. 3inch screens for the smaller model. 6. 8 inches for the bigger one. Triple camera on the back. These are pretty good, quad cameras, four of them, four on the back of the note 10 plus. This is what samsung is known for. Display, beautiful screens, infinity screens go edge to edge. In terms of quality of pictures. Some say they do it a lot better than apple does. You have to pay up a lot. Price tag, 949. Well call it 950. Ramp up, since theyre playing tricks on us with the 949. 9 the price tag and 1099, 1100. For consumers to pay up that amount. They havent been wanting to refresh the cycles as much as they used to, they have to introduce something compelling. In this galaxy note theyre talking about the cameras, display and iconic s pen, if i can show you the augment tiff reality. This is so cool to me. Text to email as well but the augmented reality, this is 3d, hand drawn, Artificial Intelligence and augmented reality picturing. Look how it tracks you while you move, any object within the video. This is something i have not seen before in a smartphone. Very interesting. Youre looking good. I chose that by the way. Ashley is this a gamechanger . How impressive are the phones . I think the most interesting then about these two phones how different they are. They have the galaxy note brand and s pen that comes into it but larger version is significantly different. It has larger storage. It has a micro sd card for expandable storage which used to be part of every samsung phone. Neither phone has a headphone jack. That is kind of a staple. Theyre significantly deliver the. Larger battery. More color versions for bigger version. Seems like samsung made the smaller version for people who want galaxy s experience but also want the spen and made a larger version for people who are true hardcore fans of the note brand where they want biggest screen, most power and all the specs that go with it. I would agree. That is one of the biggest selling point for the galaxy note, it has a dedicated fan base, right . They are offering tradeins in order to get people to update to the new galaxy note. Tradeins have been beneficial for apple in order to get more of their sales. Ashley fascinating stuff. Sorry, a busy news day. Were out of time. Im a gadget guy. I want one without looking at it, i want one. Melissa off to the worst august start in record off more than 12 of first five trading days of the month. Lets get to phil flynn at cme. A rough ride there. Reporter an incredibly rough ride. They were pricing in economic doom and gloom, recession, saudi plunge Protection Committee well stop the selloff, all of sudden things turn around. Lyft should have got helped out because we got gasoline prices down, Heating Oil Prices down of the everything was pricing in a major slowdown. The Energy Information Administration Report didnt help. Showed a surprise build in supplies, mostly in the gulf coast. They didnt care. They were worried about the lack of u. S. Exports. Hey, china might not buy our oil. That is another reason they were short. Export next week will go up big. The big story, gold, how about that, a sixyear high. Backing off with stocks going up on a big day. Back to you. Ashley we have more breaking news on the earnings front. Fox corporation, our Parent Company reporting Fourth Quarter results. Lets go back to jackie with the numbers. Reporter it was a double beat, ashley for fox corp parent of this network. Beat, higher than 59 cents expected revenues 2. 51 billion, higher than the 2. 47 billion. In afterhours it is trading up six cents at this point. I will note that the rise in quarter revenue, yearoveryear, that was 5 rise. Television revenues higher than expected, 1. 183 billion, guys. Ashley good report solid. Unchanged afterhours. Jackie, thank you very much. Melissa north Koreas Nuclear ambition. How the rogue reg gomez regime using cyberspace. A nation in mourning. President trump visiting dayton, ohio, and el paso, texas, in wake of the deadly Mass Shootings in both cities. Panic is spreading nationwide, including a scare that left the big apple on edge. Look at that video. Theres a company thats talked to even more real people than me jd power. 448,134 to be exact. They answered 410 questions in 8 categories about vehicle quality. And when they were done, chevy earned more j. D. Power quality awards across cars, trucks and suvs than any other brand over the last four years. So on behalf of chevrolet, i want to say thank you, real people. Youre welcome. Were gonna need a bigger room. past them because she didnt sknow they were talking to her. G and she would just walk right deborah i just could not hear. I was hesitant to get the hearing aids because of my short hair, but nobody even sees them. avo our nearly invisible hearing aids are just one reason weve been the brand leader for over 70 years. deborah when i finally could hear for the first time, i started crying. I could hear everything. avo call 1800miracle to start your 30 day riskfree trial and schedule your free hearing evaluation today. But some give their clients cookie cutter portfolios. Fisher investments tailors portfolios to your goals and needs. Some only call when they have something to sell. Fisher calls regularly so you stay informed. And while some advisors are happy to earn commissions whether you do well or not. Fisher investments fees are structured so we do better when you do better. Maybe thats why most of our clients come from other money managers. Fisher investments. Clearly better money management. Melissa breaking news right now. President trump and the first lady just touching down in el paso, texas after visiting dayton, ohio earlier today. Expected to meet with survivors and victims families and firstresponders, following this weekends mass shooting. Blake burman live at the white house with the latest. Blake . Reporter melissa, the president and first lady spent more than an hour at miami valley in dayton, ohio, visiting victims, members of the family and members of the hospital treating them as well. Afterwards the president took to twitter said of his visit, in part, warm, wonderful visit, tremendous enthusiasm, and i saw failed president ial candidate, Sherrod Brown and mayor whaley totally misrepresenting what took place inside of the hospital. Their News Conference after i left el paso was a fraud. Both the mayor and i asked the president to call on senator mcconnell to bring the senate back in session this week. Both the senator and i spoke very directly, what weve been saying the whole time about the need for common sense gun legislation. Reporter the president and first lady just landing in el paso, texas, moments ago. Ahead of the visit the president responded to the democratic president ial candidate beto orourke who is from el paso, says that the president is not welcome there. The president saying of orourke he should respect victims and Law Enforcement and quote, be quiet. While leaving the white house earlier today the president contended that he is trying to stay above the fray. I think we have toned it down. Weve been hitting, weve been getting hit left and right from everybody. Many of the people i dont know. So theyre trying to make political points. I dont think it works because, you know, i would like to stay out of the political fray. Reporter meantime, melissa, the white house says it has invited leaders from internet and Technology Companies to come over here to the white house on friday to have staff level discussions to discuss extremism online. Melissa . Melissa blake burman, thank you. Ashley panic in the heart of new york city, hundreds of people scrambling, running away from what they believe sounded like gunfire. Police confirming multiple 911 calls for what turned out to be the sound of motorcycles backfiring. Six people were taken to the hospital with minor injuries according to authorities but panic for sure on the sound of those backfiring motorcycles. Melissa wow, you can really see it. Everybody running up there. That is terrifying. You can understand why, see key of the nation. Melissa hepatitisa cases forcing cities to declare Public Health emergencies. Why dr. Marc siegel says if you dont act fast, it is becoming a national epidemic. He explains this later in the hour. Ashley how the ongoing dispute is hurting tourism to the u. S. What that could mean for the economy in the long term. Melissa another restaurant adding meatless meat, to its menu. Really . Subway teaming up with beyond meat for hits meatball marinara sub, containing quote, a beyond meatball. It will be available in locations in u. S. And canada in september. I will skip that. Ashley if it is meatless meat, what is the point. Melissa whats the point . Ashley exactly. Driverless cars. All ground personnel. Or trips to mars. 4. 95. Delivery drones or the latest phones. 4. 95. No matter what you trade, at fidelity its just 4. 95 per online u. S. Equity trade. groans hmph. food grunting menacingly when the food you love doesnt love you back, stay smooth and fight heartburn fast with tums smoothies. Tum tumtum tum tums their medicare options. Before theyre on medicare. Come on in. 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Shares paring gains after soaring double digits following release of the Second Quarter results revenue rising 72 yearoveryear fueled by more active riders Ridesharing Company sharing fullyear guidance. It is up amazing because they lost a lot more money than was forecast. So, these investors, really looking to the future and feeling hopeful. Ashley the world we live in right now. Melissa ashley. Ashley listen, a new battlefront in the u. S. China trade war. The u. S. Travel Association Says tourism to the u. S. Is taking a big hit. The strong dollar certainly doesnt help. Beijing, also warning its citizens to think twice about visiting america. Fox businesss Grady Trimble live in chicago with the latest. Grady . Beautiful day on the chicago riverwalk. Dont know if you ever been here. One of the most popular Tourist Spots in the city. That is partly because of all the restaurants and bars along it. That is a big draw. They certainly rely on foot traffic from tourists. There might be fewer tourists from other countries here. That is at least according to a new report. Lets dive into how bad it is. Of the monthly report from the u. S. Travel Association Says International Travel to the u. S. Is down a little less than 1 in june. They say the decline is in, at least in part because of trade tensions with china. But there are likely a couple of factors at play here. For one, exchange rates. One u. S. Dollar is worth about seven chinese yuan. Our stronger economy compared to other parts of the world could discourage foreign travelers because their money just doesnt go as far here. On top of that the Chinese Government is warning people not to come here t put out a travel advisory that painted the u. S. As dangerous place, citing high numbers of shootings, thefts, other violent crimes. Another advisory at the beginning of june said chinese visitors are subjected to what it calls harrassment in the u. S. By Law Enforcement. The u. S. Travel Association Estimates we get about 80 Million International visitors every year to our country. Three million of those coming from china. Thats a lot to lose, guys, if these numbers continue to slip. Ashley you are absolutely right, grady. Fifth avenue used to be full of brits with empty suitcases piling clothing everything else. The pound is sinking terribly. You dont see too many brits around. It is expensive. Melissa back now to respond, susan li, todd horowitz. Susan, do you buy this story . What do you think . I think there is also a chinese economic slowdown as well. China has in the past weaponize ed tourism. They did that with south korea a few years ago, when south korea talked about deploying Defense Systems near chinese territory. Whenever taiwan does something bad, beijing doesnt approve travel visas. This is a big source of revenue for a lot of these countries. Chinese tourism was worth 130 billion overseas, Fastest Growing around the world. This is what we call dollar tourism diplomacy. Melissa todd, what do you think . I think this is little boy crying wolf once again. Same as all retailers. Everybody is worried about the problem. Did you go to europe, 1. 60 to a dollar . Currency will float. People that will come here, will come here regardless. If they dont approve visas that is another story. They are going to come here, people coming are not worried about the slightly extra cost of the dollar versus what theyre doing now. Theyre coming on vacation. Did you worry when you went to disney . Nobody worries about it. This another story to try to have trump make a bad deal with them to get the deal done. It is just like the little boy crying wolf. Melissa susan what is interesting, in the new york area, a lot of the tourism had to do with getting money out of the country, coming here and buying property, or buying other assets in order to get your money out of china. And, you know, that has been more difficult. Maybe that is one of the reasons why people are not coming as much. Right now were seeing the president here coming down from air force one with the first lady. They are arriving in el paso, texas. You know earlier today, of course they were visiting dayton, ohio, the couple were paying their respects in those backtoback Mass Shootings in the two cities. Now you can see them arriving in el paso here, getting ready to console both families and also talking to the firstresponders who risked their lives, were the first on the scene, really went to heroic measures. The president facing a lot of criticism for making these tours from democrats, at same time you have to wonder what would happen if he didnt go. He is at this point the consolerin chief. Ashley comforterin chief, as president absolutely right should visit both sites. Talk to those victims and families of the victims, as well as those very brave firstresponders. Very important that this happens despite the criticism he received. Melissa yeah. Also when ever you talk to interview people in these situations the president is coming, they talk about the security around it, how difficult may be for the people in the area, but also talk about, when he comes, it focusing attention on their community. Ashley yes. Melissa and more people reach out to help and support them in this time and it brings you know, muchneeded ashley it is office of the president as you say. It is very important. Of course if there are any headlines, anything coming out of these visits well bring them to you immediate. For now well take a break. Well be right back. Fun fact 1 in 4 of us millennials have debt we might die with. And most of that debt is actually from credit cards. Its just not right. But with sofi, you can get your credit cards right by consolidating your Credit Card Debt into one monthly payment. You can get your Interest Rate right by locking in a fixed low rate today. And you can get your money right. With sofi. Check your rate in 2 minutes or less. Get a nofee personal loan up to 100k. Theres a company thats talked than me jd power. People 448,134 to be exact. They answered 410 questions in 8 categories about vehicle quality. And when they were done, chevy earned more j. D. Power quality awards across cars, trucks and suvs than any other brand over the last four years. So on behalf of chevrolet, i want to say thank you, real people. Youre welcome. Were gonna need a bigger room. When i walked through a snowthats when i knewtte, i had to quit. For real this time. Thats why im using nicorette. Only nicorette gum has patented dualcoated technology for great taste. Plus intense craving relief. Every great why, needs a great how. At comcast, we didnt build the nations largest gigspeed network just to make businesses run faster. We built it to help them go beyond. Because beyond risk. Welcome to the neighborhood, guys. There is reward. Beyond work and life. Who else could he be . There is the moment. Beyond technology. There is human ingenuity. Every day, comcast business is helping businesses go beyond the expected, to do the extraordinary. Take your business beyond. Ashley awe nighting against a common enemy, secretary of state mike pompeo is reiterating washingtons resolve to protect shipping in the strait of hormuz and partnering with British Naval forces. The white house is also saying Pressure Campaign is weakening irans regime. Rich edson is live in washington. Rich. Reporter iran seized another tanker in the strait of hormuz over the weekend. The british government, announced the british and the u. S. Navy will Work Together in the strait of hormuz to try to protect shipping. The new British Foreign secretary dominic raab had his first meeting in washington. He met with secretary of state mike pompeo and they were focusing on securing strait. I want to thank britain and your decision to protect the straight of hormuz and freedom of navigation. You have centuries of maritime expertise under your belt. You understand the importance of protecting International Shipping from unprovoked attacks. This is a victory for meaningful effects tiff, multilateralism. Reporter in iran, president rouhani is rerating the demand that u. S. Drop sanctions and administration refuse, continuing what it calls the maximum Pressure Campaign against irans top exports, es especially its oil. Last year the u. S. With drew from the iran nuclear agreement. They said peace with iran is the mother of all peace and war with iran and war with iran is the mother of all wars. The Trump Administration offered to negotiate with the iranian government, yet iran thus far refused without the u. S. Dropping those sanctions. Back to you. Ashley so it goes. Rich edson, thanks, rich, very much. Melissa here is Michael Ohanlon from the brookings institution. What did you make of the meeting today . I think it was a good, strong meeting. It will be a tough situation, i think secretary pompeo is correct that irans economy is hurting badly but it doesnt mean iran is close to crying uncle. The only way i think to have a chance is maintain a Strong International coalition, so iran doesnt think it can pick off some countries, ones mostly in the Iran Nuclear Deal as you reported a minute ago, get those countries help nurse its economy through it tough period of american pressure. So to the extent we have a larger Coalition Acting resolutely in the Naval Security realm, sanctions enforcement realm, it puts pressure on iran that is our best hope for the trumppompeo strategy to work. Melissa in terms of the naval coalition. So far it is just these two guys, us and them. Right. But they probably the more crucial coalition is the Economic Coalition and the interesting thing here is, as youre aware, even though a lot of governments dont like President Trumps strategy here, we still have leverage because of course the companies, germany, france, britain, wherever, they want to do business with the United States more than with iran. Were not giving them the choice to do business with both. Youre seeing quite a Strong Coalition on the economic front. Some limited cooperation on the military front. Well see if thats enough. Melissa at the same time iran hasnt given back the ships it seized, right . Right. Although i think irans tactics are causing less effect on the Global Oil Market iran hoped or expected. Therefore we have to wonder, will iran simply realize it doesnt have a good play here . Or will it escalate. Melissa yeah. You would think holding on to some ships, damaging a half dozen, that would be enough to drive oil prices up by more than a few pennies or a couple bucks but so far it hasnt. Melissa what do you think iran does next . What would be the next step of escalation . Over the years they have killed a lot of americans. They have attacked as youre well aware marines in lebanon, American Forces in iraq. I dont know that they want to go down that route now because President Trump has been pretty clear, so has his administration what we would do by way of retaliation. Iran foregoes any hope of a moral high ground. But that historically the been the kind of thing theyre willing to do. That certainly has to be a fear in this situation. Iran could try to play for time. Hope after the 2020 elections in the United States, either a democrat or reelected President Trump would be more flexible but, you know that is a long shot and that is quite aways away. Melissa before you go, i want to get your reaction to this one. North korean hackers are stealing cryptocurrency to fund its nuclear program. This according to a secret u. N. Report obtained by reuters. I dont know how secret that makes it. They earned 2 billion launching cyberattacks to steal from banks and Cryptocurrency Exchanges around the world. What do you make of this . Do you believe it . Why do we know about it . Is it a big deal . Well, there is no doubt that north korea keeps its economy afloat with this kind of activity. This particular case youre talking about, i dont know enough of the details if it sounds credible. That is good amount of money. They are good at counterfeiting, bank theft, illicit drug sales. That is how they keep the economy afloat when u. S. Has cut off 90 of their trade or 60, to 70 last couple years. I believe they would try to do this. I certainly believe they would have some success. I dont know if the 2 billiondollar figure is the exact number. Melissa big number. I thought the exact same thing. Michael, thank you. My pleasure. Ashley preventing a national epidemic. Health officials out with a warning about a virus spreading through the contaminated food and water. Well talk with doc siegel next about the escalating health crisis. Stay right there. What . im here to steal your car because, well, thats my job. What . What . . What . laughing what . . What . what . [crash] what . haha, it happens. And if youve got cutrate car insurance, paying for this could feel like getting robbed twice. So get allstate. And be better protected from mayhem. Like me. Termites, were on the move. 24 7. Roger. Hey rick, all good . Oh yeah, were good. Were good. Termites never stop trying to get in, we never stop working to keep them out. Terminix. Defenders of home. Its something we take personally, and believe in passionately. Its the idea that if our mothers were diagnosed with cancer, how would we want them to be treated . Thats exactly how we care for you. With answers and actions. To hear your concerns, quiet your fears, lift your spirits. With teams of cancer experts and specialists, delivering advanced Treatment Options and compassionate support every step of the way. All here in one place, with one purpose. To fight your cancer, together. Thats the mother standard of care. This is how we inspire hope. This is how we heal. Cancer Treatment Centers of america. Appointments available now. Melissa take a look at this video. Terrifying footage capturing the moment a caravan flipped over on a highway in australia. Luckily the driver and the passenger are okay. Somehow they only had minor injuries. Connell yikes. Slow down. All right. Growing emergency, the cdc is reporting there is an on going outbreak of hepatitis a being reported. Our next guest says this could become a national epidemic. Dr. Mark siegel is here, nyu school of medicine professor, also a fox news contributor. Doctor, thank you for joining us. This is serious. Hi, ashley. You know, what causes hepatitis, a . Lets begin there it is actually a virus. It is a virus that affects the liver, but it affects many different parts of the body besides the liver. It can cause yellow eyes, high fever, muscle aches, joint aches, diarrhea, dark urine. You get really fatigued and high fever and sick. It gets you really ill. The cases you just mentioned, the 24,000, 60 of them ended up in the hospital. Luckily most people recover, but ashley, theyve just called a state of emergency for this in philadelphia and in the state of florida, where theres been 2,000 cases four times what we saw last year. Reason . Because people that have drug addiction are prone to this. Homeless are prone to this. You will notice on that map you showed, new york state doesnt have a big hepatitis a outbreak, and i believe thats because we have homeless shelters here in new york. Other areas of the country, and we have been talking about this a lot, homeless are living on the streets. Drug addicts are living on the streets. You see it in the garbage. You see it in the contaminated water. You see it in the contaminated food and then it spreads to neighboring communities. Is it highly contagious . Yes, very easy to get it. You can usually get it from hand, from stool, from touching your mouth melissa yuck. Sorry about that, from what you drink and eat. Food handlers give it to you. I got it at a wedding years ago and i was sick for weeks and weeks f. The water is contaminated if the water is contaminated, it will spread to neighboring communications. Whats defense, vaccination . Huge, 95 defense with vaccination. In florida you see people trying to vaccinate people. You can imagine on a homeless block in los angeles, if theres 4,000 people put together, it is hard to get the vaccines in there and get people to be compliant with it. People say no, i dont want that. They get very very suspicious. 95 success rate with vaccination campaign. You say theres a real risk of National Pandemic if were not very careful. Could it spread that quickly . Huge, and i dont think were taking it seriously enough. Im putting the problem with homelessness and drug addicts that are not getting proper facilities and proper treatment, thats the face of it. Hepatitis a is only one infectious disease, one im deeply concerned about. It spreads in areas of urban squalor. It can be treated and prevented. Are you always going to have it once you contract it . No, actually once you contract it, once you are over it, you get a lifetime immunity to it. Thats not the way to get immuned. The vaccine is. Before you go, what about the measles situation, have we gotten a handle on is it . In areas where theres not vaccine compliance, areas in up state new york, areas in michigan, again, where theres areas of vaccine noncompliance, same with hepatitis a, continuing to see measles. Im really worried at this rate we could get to the situation where we dont need to bring it in from travelers every year, that we have it here. We have to have a much higher rate of compliance than we have. On that happy note, doc siegel thanks for giving us the heads up. Get your vaccines. Yes, vaccines very important. Doctor, thanks very much. Melissa it is terrifying to see these diseases coming back. We think they are taken care of. To the doctors point, if you dont get vaccinated, they can come back and hurt. Melissa on that happy note, market down 22 points today, but way off session lows. Just been another average day on wall street, wild. Melissa that does it for us here. That does it for us. Bulls bears starts right now. David breaking news, President Trump arriving in el paso, texas, just moments ago. The president and first lady are now on their way to the University Medical center of el paso, where they will be visiting with the victims of last weekends mass shooting and thanking emergency workers for all their heroic actions. It follows a similar visit earlier today in dayton, ohio, to the scene of a second mass shooting. Were going to have a live report from el paso very shortly coming up. But first, take a look at this. Markets clawing back today after taking an initial nose dive, plum meting nearly 600 points in Early Morning trading, before recovering almost all of that to close down just 22 points on the dow