Well have the details as we know them on that announcement and the timeline of how it all went down. Plus apple revealing its new lineup of smartphones and devices. The surprise move for the next iphone and how the tech giant is planning to compete with netflix. Taking aim at the rich, Elizabeth Warrens latest attack on the wealthy. What might all mean for you and your money. Melissa fox Business Team coverage. Gerri willis on the floor of the New York Stock Exchange blake burman at white house, Jackie Deangelis in the newsroom. Lets kick it off with blake. Reporter hi, there, melissa, one of those days at the white house. President trump set to meet with republican leadership. Congress is back in session. A whole host of issues. Among them, passing the usmca, Gun Legislation and spending bills they have to take up. The headline at the white house for the last four hours or so, the he said, he said, between President Trump and former National Security advisor john bolton. The president broke the news of boltons ouster on twitter, saying he essentially fired bolton with this tweet right here. I informed john bolton last night his services are no longer needed at white house. I disagreed strongly with many of his suggestions as well as others in the administration. I asked john for his resignation given to me this morning. About 15 minutes after that, bolton went on to twitter to respond to basically say that is not how he believes it all played out. Quote, i offered to resign last night and President Trump said lets talk about it tomorrow. Here is the timeline with all of this. At about 11 00 this morning the white house updated its guidance saying that bolton, the secretary of state mike pompeo and treasury secretary Steve Mnuchin would be in the Briefing Room taking questions from reporters and talking to reporters that was at 11. The president s tweet saying bolton was no longer a part of the team came one hour that. As you can see in the video by the time the briefing rolled around at 1 30, bolton was no longer a part of the white house team. The secretary of state was asked whether or not he was surprised how all this played out. Listen. Im never surprised. [laughter]. I dont mean that on just this issue. And i think secretary mnuchin would say the same thing. We work very closely with the president of the United States. I think we have a pretty good understanding how he is thinking about things. Reporter a source familiar with boltons thinking, that bolton and the president had a heated discussion last night on afghanistan and that source said last night that bolton decided to resign and describing that breakup as, quote, inevitable. The new National Security visor the president says will come next week. Back to you. Melissa i thought the whole game was to get the other person to break up with you, then it is their fault. No, never mind. Reporter not today. Melissa not today. See you later. Connell never a dull moment. Lets talk about apple. Ceo tim cook took the stage and the company rolled out a handful of new products. Jackie deangelis live from the newsroom on what was said. Reporter a lot came out with the event t was out two hours long. Iphone 11 was highly anticipated item. There were several versions to replace the 10. Cheapest version, 699, but then the 11 pro and 11 pro max 1199 and 1099 each. They will have enhanced cameras and longer battery life. Remember iphone is 50 of apple sales. They announced apple tv. It will have a november 1st rollout. It will be 4. 99 a month. That is cheap compared to the other streaming services that took a hit. If you buy a new device you get a free subscription for a year to apple tv. Moving on, apple arcade, this is the second part of the Services Also holy anticipated, 4. 99 a month as well. 100 exclusive titles that will launch midseptember, september 19th, as a matter of fact. Moving on to the ipad. 10. 2inch ipad at 3. 29. That will roll out at the end of the month. I finally want to draw your attention to apple watch. That is what people didnt know what to expect, apple either kept it under wraps or didnt make too much innovation here but pretty much was in line. There will be a fifth generation of this. It will have Health Features that are really interesting and exciting. 4. 99, 499 if you get the cellular service. 399 if you dont. All inclusive here, very exciting platform. The stock was only up a little more than 1 today which was a little surprising given some of these announcement but of course it takes some time for investors an analysts to kind of digest all of this, then have it reflected in the stock price, guys. Connell pricing was interesting. Thanks, Jackie Deangelis. Melissa here to react, liz peak, foxnews. Com columnist and gary kaltbaum, kaltbaum company tall president. They are both fox news contributors. Put me down nor a iphone 11 pro maxim immediately if not sooner. Really . Melissa not you, yeah . Got to get rid of my 10. Look, im still waiting for something new. There is a new ipad. There is a new iphone, yippie. Apple value stock now. That is what happens when you do 260 in sales. The big story is the tv thing. Roku got hit, netflix got hit, disney bottom hit. They undercut them. The question will they have to come down on price . I dont think much as changed here. Im looking forward to the 5g. I think that can be a big change. Were not there just yet. Melissa liz, gary shares none of my excitement. Obviously it is apples world. Were all living in. One of the items i saw was terrifying apple arcade, i anticipate losing my children into the apple arcade. Its a subscription model. Just sit there game to their hearts content. That is terrifying. I would probably think good for investors or are you a bah humbug like gary . No. I think that is natural extension what apple does combining technology and entertainment. This is a huge industry. Taking all other incremental pluses to existing products and stuff, i think the most interesting thing was the arcade. I dont know what the projections are for revenues. I think that is quite interesting. As to sort of the modifications, look i think when 5g comes along, all the people who have been holding on to their iphones are going to have to upgrade. That will be the next big move in apple. I dont know when that is. Certainly it is not right now but i think that is an incredibly exciting prospect. Right now, to garys point its a value play. So the stock will do fine. That will be the next exciting chapter. Melissa 11 pro max. Connell probably next year the 5g. To bring in an expert to talk more about that are or, i think on pricing of Consumer Tech, it is interesting, number one. Apple tv plus, to come in underneath the competitors like disney and others come in at 499 a month to surprise people, iphone 11, 11 promax melissa is buying, come in at 699 on that was a little bit low. What do you make of apple actually considering price this time around . In terms of the price structure for apple tv plus, i was certainly surprised. I thought that was coming in at 9. 99. For Additional Services with know on the Services Side that revenue is hitting 20 for apple which is significant. If people are not upgrading as much as they arent, guess what, if you add Services People still stay in the ecosystem. They may not be upgrading. A lot of people hyped up from the 2020 version. I have to tell you from the Consumer Tech standpoint, sitting here on unveil im talking about next year release is mind blowing. People are waiting that out. It doesnt matter because the long term game is have services ram up like apple news, even icloud making significant dollars. Have being people stay in the ecosystem is what matters. What is their mind set . I can tell you mind is usually something along the lines if im looking at streaming tv just as an example, i had netflix for years. We pay for it, whatever it costs per month, thats it. I dont look at it either or with netflix, if im going to have netflix what else am i going to have . If something is 10 or 12, 15 a month, that sounds like a lot but maybe five bucks a month maybe i try this in addition to netflix do people think that way . I echo your thoughts. If you look at monthly statements, you have netflix, hbo, disney, they add up, to the average consumer that is a lot of money. They nailed it, apple arcade price point, 4. 99, you and i agree thought it would be ten bucks. That is huge deal especially for the little ones, melissa. Melissa i know. I know. Sweeten this up. Connell im talking more about the tv plus than that, im more interested in it, on the arcade side how big after business do you think that will be . They brought in capcom, they brought in big players. That is significant. I was saying there they have to bring in big names. You have can have, people watching what is apple arcade . Its a gaming. There are a lot of different games people go on for five bucks a month and play. Im somebody popping on to that. But bringing in the big partners that to me was differentiator that was the strong point. Of course theyre apple, they will do that apple tv plus 2, that is good price point for that as well. Connell overall you would say from where you look at it, coming from Consumer Tech, expectations versus realities you were fairly satisfied what you heard from apple today, to wrap things up . No big surprises on hardware, that was anticipated. To put the spotlight on the growing of services and longterm gain i think it was strong for apple. Connell food enough, katy. Thanks for coming in. We appreciate it. Melissa get back to the markets. The dow ending in the green for the fifth day in a row. It was the longest winning streak in three months. Lets go to gerri willis. What is the trade down there like today . Reporter this is fascinating. Momentum into value names. One of your guests said ample is a value name. The dow at session highs. Closing at session highs. It is the fifth straight stay of gains and the longest winning streak in three months. It all starts very differently though. We were talking about china product pricing that it was negative. That is not the way we finished. Good news there. We want to talk about peloton for a second. This home fitness start up. They will hit the road show with their ipo. They will be selling the shares to professional investors soon as wednesday. You may be familiar with the stock. It gets a lot of attention. Another unprofitable unicorn. They lost 196 million last year. As you know wework cut its valuation from 47 billion to less than half that well watch peloton how it does as well. Apple having a huge effect. Im with melissa, may have to go for the new phone, for the new iphone. I like what they got out there. Maybe the watch. Melissa i dont know. Im going to have to have the new phone which is really embarrassing but what can i do . Gerri, thank you. Reporter welcome. Melissa a 20 billiondollar breakfast bet, wendys shares fell after they cut the 2019 forecast. They ramp up spending and hiring as it plans to launch breakfast nationwide, with breakfast items like oh, the baconator. Gary and liz are back with us. I wasnt sure this was a good news. Do we really need wendys to have breakfast but now they have the baconator. So you were sold . You were sold on the iphone. Melissa maybe im an easy customer. Wendys offerings, 300 restaurants theyre expanding where theyre taking the product menu. A big number theyre investing. Boy, hiring 20,000 people, i wish them luck because the real story of this Economic Cycle and where we are today is it is hard to find employees. Theyre going to have to pay up. My guess that is a little bit why they cut territory cast. Melissa that is a terrific point because that is exactly where companies are having a hard time hiring people is right at that opening minimum wage point. Right. Melissa gary, also strikes me, you know, im joking that i want the baconator, i didnt know wendys didnt have breakfast. That is kind of a bad thing. We stop at fastfood. I have little kids. Were in airports. I generally know about that stuff. Wendys doesnt have breakfast. They dont have breakfast . That doesnt bode well for them what do you think. Mcdonalds lost 6 billion of market cap today because of this announcement. Where there is demand, somebody will supply it. Wendys sees a big market here. Let me be clear, breakfast is gargantuan market. That is smart move. I must admit i didnt know they werent selling breakfast yet. 20,000 people hired, that is good news for the economy. Melissa lets go have a baconaaor. Connell that is a great name. Melissa sounds all bacony. Connell new information from 60 million years ago. Melissa what . Connell not often you say that. What Scientists Say surrounding the extinction of dinosaurs. These are great details coming later this hour. Melissa congress back in session. Trade remains at the top of the agenda. After a long summer recess can lawmakers finally get something done . Thats next. Spoiler alert. No. Connell sifting through the damage in the bahamas. Search for victims continues there. Well talk about how the island are doing more than a week after dorians destruction began. And get your Interest Rate right. So you can save big. Get a nofee personal loan up to 100k. Why accept it frompt an incompyour allergy pills . E else. Flonase sensimist. Nothing stronger. Nothing gentler. Nothing lasts longer. Flonase sensimist. 24 hour nondrowsy allergy relief 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. Melissa step up and speed up. Congress is back in session and the Trump Administration is urging House Democrats to take up and approve the new north american trade deal. Can you believe they havent done that yet . Fox businesss Edward Lawrence is live at the white house with the latest. I cant believe were still talking about this. Reporter melissa, they were on vacation so Nothing Happened during that time. Right now the congressional leadership on the republican side are here at the white house. Theyre talking about the agenda going forward. The top of that list for the administration is to ratify the usmca. In fact senator Chuck Grassley saying usmca would count on 86,000 jobs for the economy going forward. He said the trade with mexico and canada that keeps farmers in the midsection of this country going. Senator josh hawley from missouri adds that usmca opens up the canadian dairy market which is protected under the old nafta, to missouri farmers, thats key. That is really important to our farmers. Its a good deal. It is a better deal than the old nafta was. It opens up markets on fairer terms for our farmers. I hope the congress acts. The problem is nancy pelosi will not bring it up for a vote. This is win for farmers this is a win for manufacturers. This is a win for producers. Lets have a vote. Reporter nancy pelosi formed a nine Person Working Group to tweak the agreement, as well as worker protections, environmental controls. Fox news learned that group think made an offer to trade representative robert lighthizer, has not heard back yet. Mexico already ratified usmca. Canada signals they would ratify usmca but they wont bring it up, according to my trade sources in canada until the u. S. House of representatives schedules a vote. Now on that front canadian Prime MinisterJustin Trudeau called House Speaker nancy pelosi to try to ease her mind, her mind at rest about the deal. Sources on capitol hill say they do expect there could be a vote in late fall. The administration pushing this bill right now. Melissa . Melissa edward, thank you for that. Connell here now with us to talk more about that is oklahoma congressman frank lucas who sits on the House Financial Services committee. Congressman, good to see you from capitol hill this afternoon. Give us the timeline best you understand it. Edward said late fall. When can you get this thing passed . That is what the speaker has been talking about but she has been backpedaling for months and months trying to avoid the vote. Part of the problem, afraid the democratic majority in the house will give President Trump a win. Remember when he was campaigning trade deals United States had with our neighbors to the north south, europeans, japanese, chinese, were not fair to americans, not fair to american workers. He set about to renegotiate. The first product is this usmca, a renegotiated agreement with our neighbors to the north and south. It is ready to go. Connell right. But nancy says we have to have more, sorry, the speaker says we need more provisions dealing with the environment, dealing with labor. I suspect we push the National Mexican government in mexico city as far as we can push them. This needs to be ratified. It will pass the house if they bring it to the floor. Connell that is part of it. They already in mexico approved this. Yes. Connell canada could move after you guys move. If you make what happens if you do make, say hypothetically you made significant changes to this, for these democrats what would happen then . Are you back to the drawing board with other countries . Mexican congress will have to reassess the entire situation. The canadians will have to reassess entire situation, that will delay sales of ag products. Remember this is not just about mexico and cana