Transcripts For FBC FBN AM 20240714 : comparemela.com

Transcripts For FBC FBN AM 20240714

The road . Well tell you about the most dangerous songs to listen to while youre driving o driving. It is monday, september 23rd. Fbn a. M. Starts right now. Monday morning. Monday morning. Monday morning. Lauren it is monday morning. Welcome to fbn a. M. Im lauren simonetti. Cheryl good morning, everybody. I am cheryl casone. Lauren how was your weekend . Cheryl great. Lauren markets not looking so great this monday, still within striking distance of record highs but the dow futures are down 72. Cheryl the yield on the 10 year, this is about your mortgage, your credit cards. We continue to watch whats going on with interest rates. Were seeing a bump up in bond prices, the lower yield 3 basis points to the downside. Lauren were getting reports it might take months, not weeks to get saudi oil back online after attacks. Thats pushing up the price of oil this morning. Cheryl weve been seeing gas prices rising. Also this, asian markets, after a chinese delegation reportedly canceled a visit to u. S. Farms for the week, you saw real pressure on the shanghai hang seng. The kospi is slightly higher. Lauren weak manufacturing data out of france and germany, that is affecting european markets and u. S. Futures this morning. You can see a 1. 1 he decline in france and 1. 5 decline in germany. Cheryl were watching what could be happening in the middle east. Houthi rebel in yemen reportedly are claiming that iran is preparing another attack on saudi arabia, in particular the oil fields. According to the wall street journal, the leaders of the groups say they issued the warning after they were pressed by iran to play a role in that attack. Remember, the saudis have a war going in yemen. Mike pompeo was on Fox News Sunday and he responded to that report. Were consistently concerned that iran will continue to be haven in the way it behave in the way it has. It did so before the jcpoa, during the jcpoa and continue to act in ways inconsistent with their obligations. Lauren they are looking forte rans involvement which iran strongly denies. The countrys president said he will present a plan for creating security in the gulf, a socalled coalition for peace and do that in cooperation with other countries in the region at the u. N. General Assembly Going on this week. Cheryl in just a few hours from now, President Trump is going to take the stage at the united nations. Hes expected to discuss religious freedom. Hell be meeting with several World Leaders amid rising tensions with iran. There is a conflict happening at home. Lauren Garrett Tenney is live in washington with the latest. Garrett, good morning. Reporter good morning. President trump is scheduled to meet with around 15 World Leaders this week but irans president isnt one of them. Even as tensions with the u. S. Continue to rise. On sunday, irans foreign minister said at this point hes not confident that war can be avoided with the u. S. After the pentagon announced plans to he deploy hundreds of additional troops to the region. U. S. Officials say that is just the first step in response to an attack on a saudi oilfield last week which tehran was likely behind. Secretary of state mike bomb mayo said the u. S. Pompeo said the u. S. Doesnt want a war and is hopeful iran would come to the negotiating table. President trump would like to have a diplomatic solution. Thats what were aiming for for a little over two years now. Reporter President Trump is scheduled to meet with ukraines president this week amid questions surrounding a whistleblower complaint. During a call, according to the wall street journal, mr. Trump pressured ukraines president to investigate joe bidens sons business ties in ukraine. This weekend, President Trump confirms some of the details, adding in a tweet, breaking news, the Ukrainian Government said they werent pressured at all during the nice call. Sleepy joe biden on the other hand forced a tough prosecutor out from investigating his company by threat of not giving big dollars to ukraine. Thats the big story. Congressional democrats have issued a subpoena for a copy of the whistle blowers complaint. Theyve been reluctant to go down the path of impeachment but it may be we do have to move forward with the ex extraordinay remedy if the president is at the same time withholding vital military assistance, he is trying to leverage that to obtain impermissible help in his political campaign. Reporter iran and ukraine two of the big stories going into the u. N. General assembly this week. President trump is set to address the body on tuesday. Cheryl President Trumps personal attorney, rieu jay giuliani, rudy giuliani, was on Fox News Sunday and he slammed goa an joe biden and th. It was ukrainian collusion, which was large, significant and proven. They are on record. This town protects joe biden. Cheryl for more on this, mr. Giuliani will be on mornings with maria, that interview happening 7 30 a. M. Eastern time this morning. Lauren democratic president ial frontrunners weighing in as the uaw strike against genera generl motors has turned political. I dhiengt it was going to get this far. Reporter the uaw strike against General Motors entering the second week, the longest union strike against the auto manufacturer since 1970. 50,000 are hitting the picket lines. Gm issued a statement saying in part, quote, they presented a strong offer that improves wages, benefits and grows u. S. Jobs in substantive ways. We are the union, the mighty, mighty union. Reporter despite catching the a attention of some 2020 democratic president ial candidates im joe biden and i am uaw. Reporter former Vice President goa an joe biden and massachusetts senator Elizabeth Warren rallying with Union Members this weekend. The workers of the uaw are here to say no more. They want a fair wage. They want benefits. They want what it takes to be part of americas middle class. Its easy for me to stand up here and say keep at it because im not making the sacrifice youre making. Reporter bidens point targeting a soft spot for Union Members, fears over the financial hardships this strike is bringing them. Take care of the basics and make sure that you put food on the table for your family. Reporter still, many say theyre in the strike for the long haul. Im willing to do whatever it takes. Reporter the bargaining of a new four Year Contract between uaw officials and gm continues today. Talks are also expected to address the use of temporary workers. Rob dawson, fox news. Lauren protesters in hong kong staging more demonstrations yesterday, clashing with police at a shopping mall. The rally started out peacefully but protesters turned hostile after riot Police Showed up. Police tired tie fired tear gas. There have been reports for the past 16 weekends that protesters and demonstrators demand changes and an investigation into claims of Police Brutal at this. The latest round of violence comes ahead of the 70th anniversary of the founding on communist china on october 1s october 1st. Cheryl possible trouble ahead for dow component boeing. Indonesia is reportedly plameing the fatal crash of the 737 max back in october of last year on the planes design and lack of oversight by boeing. The wall street journal is reporting that a series of mistakes by the pilot and maintenance workers did also play a role in that crash. This is going to be the first formal government report on the crash which also does lay blame on u. S. Regulators and approval and the process of yo approvinge 737 max. A Similar Software problem is being claime blamed for anotherh back in march. Lauren if it does get back flying, would you feel comfortable flying on it . The worlds oldest travel firm has closed its doors. Cheryl people are stranded around the world. This is something else, Tracee Carrasco. Good morning. Tracee lots of people, yes, thomas cook, the 178yearold british based travel company officially stopped trading today. The companys four airlines are grounded. Its 21,000 employees are expected to lose their jobs. And approximately 600,000 travelers are stuck abroad. For years, thomas cook has faced tough online competition and in may it reported a he debt burden of 1. 6 billion. The British Government is working to bring the roughly 150,000 britains affected home. No word on the other stranded passengers facebook has suspended tens of thousands of apps which may have mishandled personal data. The company says it was part of its investigation in the wake of the cambridge Analytical Data scandal. Facebook is not saying which App Companies are suspended. But it says the apps were associated with about 400 developers. Cokcocacola debuted a few favon certain parts of the world, cocacola apa pell. The customers apple. The customers say the drink has been very difficult to track down because of high demand. The apple flavor is available in japan and has also appeared in hong kong. A big night in hollywood as stars come out for the 71st prime time emmy awards. Patricia arquette advocating transgender rights as she accepted an award. Can we change the world so trans people are not persecuted and give them jobs. Theyre human beings. Lets give them job. Tracee billy porter became the first openly gay black actor to win for his role in the series pose. The biggest honor of the night, best drama, of course going to game of thrones. And thats whats happening now. Cheryl game of thrones going out with a big group of awards last night. Lets take a look at futures this morning. What we saw was we got data out of europe that actually hit u. S. Futures and now youve got a rough start to your morning. Dow is down 40 in the premarket, s p is down 2 and three quarters. And nasdaq is down 2 andahalf. Global markets, folks. Still ahead, the rise of Elizabeth Warren. She has scored a he ke a key viy over joe biden, does this mean a progressive candidate could be leading the dems in the 2020 race for president . And bmws new car sporting a special shade. Could the revolutionary paint scheme make it a road hazard . Weve got all of that coming up on fbn a. M. Its time to begin, isnt it. I get a little bit sick, ill admit. The same as i was thats why your cash automatically goes into a Money Market Fund when you open a new account. Just another reminder of the value youll find at fidelity. Open an account today. Of the value youll find at fidelity. Im working to treat every car like i treat mine. Adp helps airtech automotive streamline payroll and hr, so welby torres can achieve what hes working for. Lauren 2020 democrats are fighting for votes in iowa as a new frontrunner has emerged. Cheryl Aishah Hasnie joins us with the whos the one to watch right now and big surprise on this new poll. Good morning. Reporter lauren, cheryl, were talking about Elizabeth Warren. She is leading the pack now with four months left before the iowa caucus. A new poll shows warren at 22 , beating former vp joe biden who is at 20 . The massachusetts senator not letting this get to her head. I dont do polls. We are still months away from the Iowa Caucuses and the first primary election. Reporter i dont do polls, she says. But according to the same poll, the new warren fans are apparently old Bernie Sanders supporters and although thousands did pack his rally on sunday, sanders is now trailing at 11 . Meantime, cory booker worried about a different kind of number. His Campaign Recently sent out a memo to staff warning that if they dont raise 2 million by the next funding deadline, booker might have to quit. If we cannot raise 1. 7 million in the last 10 days of this quarter, in the last 10 days of september, then corys going to have to make tough decisions and im going to have to make tough decisions about his future in this race. Reporter about four months left until the iowa caucus, all the candidates trying to squeeze as much time as they possibly can in that state. Pete buttigieg and Bernie Sanders have events in iowa today. Everyone, even andrew yang, with just 2 of caucus goers still pretty positive theyve got a chance at this thing. Cheryl its very early, to your point. Thank you for that live report. Lets get more on this and bring in siri kim and howard franklin. Good morning. Good morning. Good morning. Cheryl heres the thing, howard. This is kind of an interesting turn that were seeing among iowa caucus goers but only one in five of those iowa caucus doers say their goers say their mind is made up. The emergence of Elizabeth Warren is a pretty big surprise were getting here. Yeah, i think somewhat of a surprise. I think its Proof Positive that campaigns do still matter. Senator warren was one of the first to make significant contributions or investments in the state of iowa. I think its Proof Positive that slow and steady wins the race. I think shes been at this for a long time. Her message about not holding big, high dollar fundraisers has resonated well in iowa and shes had a lot of activity there. Cheryl we still see among likely democratic voters and this is on more of a national basis, that electability, someone that can beat President Trump is key. Now were seeing a progressive candidate which some say is not going to be electable against President Trump, especially when theyve got medicare for all and other plans that frankly are going to be unattainable and cant be paid for. Well, i absolutely agree that electability is a real concern and she will not be elected president but her rise in the poll is important for two reasons. One, since 1974, iowa has only correctly predicted the democratic nominee 43 of the time. However, since 2004, they have 100 accuracy in picking the democratic nominee. John carey in 2004, barack obama in 2008, and Hillary Clinton in 2016. As relates to the issues, President Trump showed in 2016 and 2020 people dont care about electability. People dont care about character. People dont care about any of those tertiary issues that other president s have won. They care about issues. Cheryl just to correct you, they say this is among likely democratic voters on this election cycle and they do care about electability. Theyre saying that over and over, by overwhelming percentage points. I would bifurcate that and say the electability concern is about the issues and the issues that the Democratic Party seems to care about is the far left leaning issues of medicare for all, of essentially a 16 trillion deficit. These are the issues they care about. Cheryl howard, respond to that then. Its the first time ive been on television an a republican said the issues the democrats care about are defeating or reeling in the deficit. I think thats great that were giving the democrats the responsibility of reeling in the deficit after this president. I think they care about the issues of healthcare. Electability is a smoke screen. Cheryl i want to move on to something else. Several Democratic Candidates are joining the picket lines, biden, sanders, warren was on the picket line yesterday, this is the second week of the gm strike. Theyre targeting detroit and michigan. President trump won michigan and those 16 electoral votes in 2016. Is he in trouble in michigan . If youre asking he me, i think he is absolutely in trouble in michigan. Im a native detroiter, grew up in michigan. My parents are members of uaw. I want to say i saw a report over the weekend that they are softening their expectations, the trump campaign, that is, for michigan. I think the fact that theyve not brought home the bacon for the uaw workers cheryl i will push back. Unemployment is at record lows in michigan. Final word . 800,000 manufacturing jobs left the United States through a democratic president and the reason why we need usmca is we will bring back those jobs to the United States. President bill clinton did that with nafta. We need those jobs back in the United States. Cheryl thank you so much for your time. Lauren coming up, after a whirl wind week for wework and the ceo, adam newman, reports now that the company is looking to make pretty big changes. And starbucks is known for instagram friendly drinks. Now its making waves with seriously strange flavors. You wont believe what the company has cooked up, coming up on fbn a. M. Oh, im a rebel just for kicks now. Ive been feeling it since 1966 now. Might have had your fill, feeling still. Oh, im a rebel just for kicks, now. Managing lipids like very high triglycerides, can be tough. You diet. Exercise. But if youre also taking fish oil supplements, you should know, they are not fdaapproved, they may have saturated fat and may even raise bad cholesterol. To treat very high triglycerides, discover the science of prescription vascepa. 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