Transcripts For FBC FBN AM 20240713 : comparemela.com

Transcripts For FBC FBN AM 20240713

Lucy in the sky with diamonds. Lucy in the sky with diamonds. Lucy in the sky with diamonds. Ah. Lauren good morning. Welcome to fbn a. M. Im lauren simonetti. Cheryl beautiful shot of the new york city skyline this morning. Good morning, im cheryl casone. Lauren the shot that never gets old, right . Lets take a look at your money this morning. More records perhaps today for the dow, nasdaq and s p. Rally mode, dow surging 113 points, s p up 10, nasdaq up 35. Cheryl never get sick of winning when it comes to the markets. Lets take a look at whats going on in asia. We have a mixed bag. Were watching the situation in hong kong, that escalated overnight. We are looking at positive comments about the u. S. Trade relationship going on. The shanghai and hang seng are slightly higher. Lauren in europe, stocks are in the green as well. A 1. 2 gain in london and in frankfurt. Cheryl our top stories is the crisis in hong kong, the violence continued overnight as a group of protesters remain holed up inside hong kong university, creating a standoff with police there. The university has been occupied by hundreds since last week. Its been the scene of some of the most violent fighting since this Movement Began just five months ago. Lauren fox news Jonathan Hunt is on the scene for us. He has just been able to get into the university there. Once hes available to broadcast for us, well bring him to you live from hong kong. In the meantime, the guard responsible for monitoring Jeffrey Epstein in jail, theyre expected to face criminal charges. The report says tw two congressional officers may have failed to do their job. Cheryl todd piro has details. Reporter after reportedly rejecting a plea bargain last week, the two guards could be charged as early as today. The charges include failure to check on epstein every half hour as required and falsifying log entries to claim they did the checks. Investigators believe the checks were not done for several hours before epstein was discovered in his cell with a bed sheet around his neck. This comes as one of his child sex abuse accusers described a disturbing encounter with epstein, adding she once took former president bill clintons seat on the lolita express, the notorious plane epstein used to fly friends and young girls to a private island. Epstein took my sexual innocence in front of a wall of famed photographs of him shaking hands with celebrities and political leaders. When i chose a seat, he said that is where his good friend, bill clinton, always chose to sit, as if to reassure me of the elite normalcy of that type of behavior. Reporter ben sass is expected to grill dr. Kathleen hawk sawyer about the case when she testifies at a Senate Judiciary Committee Oversight hearing. He wrote, quote, epsteins death in custody ignited a problem of public trust at your agency. And while there may be particular details that you cannot yet answer, deflecting difficult questions wont cut it. Now, the false ph records has reportedly been a problem throughout the system. The high profile case is bringing more national attention. Lauren todd, thank you. The markets continue to watch for a possible development on a u. S. China trade deal. Chinas Commerce Ministry says the two sides have engaged in constructive discussions around the reflective core concerns of the first phase of an agreement and will continue to maintain close communication. Thats a quote. Reports that beijing is reluctant to sign a deal that doesnt roll back tariffs, in fact, the u. S. Is set to impose more tariffs on 150 billion of chinese imports next month. Cheryl American Express is looking to expand its reach by ponying up cash, in an effort to compete with visa and mastercard, they plan to offer cash bonuses to businesses who agree to start allowing customers to pay using an am ex. Some businesses will receive up to 450,000. Visa and mastercard are widely seen as payment leaders. Lauren i dont have an am ex. We have a report of massive layoffs at wework, now drawing attention from the new York Attorney general. Reuters is reporting thatly at t Latisha James opened an investigation into the company. Wework plans to lay off at least 4,000 workers this week. The company has pulled the ipo and its ceo, adam newman has resigned. A wework spokesperson says theyre cooperating with the new york ag office. Cheryl faster wifi may be coming your way very soon. The commission is pushing for a public air wave auction for the next generation of high speed internet. It could free up money to rural areas could get better service. Lauren the rest of the kardashians cant keep up with kiley. She has sold her 51 stake in the cosmetics startup that she crecreated in 2015 to coty for 600 million. Cheryl how many instagram followers does she have in. Lauren 150 million. How old is she . Cheryl under 25. Tragedy at walmart to tell you about, folks. Three people were shot and kill at a store in duncan, oklahoma, 80 miles outside of oklahoma city. A man and woman were found dead in a car. Authorities believe the gun pman shot the two people in the car and then turned the gun on himself. Police have not revealed a motive but they say all three apparently knew each other. Just in time for the holidays, changes are coming to fed exs guidelines for their new employees. Lauren Tracee Carrasco here now with details. Tracee, good morning. Tracee fed ex is closing its pension plan to new hires, starting in 2021. It will instead offer a new 401k plan with a Company Match of up to 8 of employee salaries if employees contribute 6 . The current plan matches up to 3. 5 . Chickfila has been fighting criticism from the lgbtq community, so in response the company will no longer donate to the salvation army. The fellowship of christian at leasathletes and other charitiee to their stances of lgbtq issues. Nissan is recalling 450,000 vehicles for a brake fluid leak that could cause fires. The recall involves the mirano, the pathfinder, the infinity qx60. Dealerships will fix the problem for you. More problems for juul, the ecigarette maker is accused of creating adding targeting teens in a lawsuit filed by the state of california. The lawsuit says juul used deceptive practices. In a statement, juul said its Customer Base is adult smokers. And that is whats happening now. Cheryl tracee, thank you. Lauren lets take a look at your money this morning. We have a rally on our hands in the premarket, dow surging 106 points, nasdaq up 32. Did Jerome Powell break bread with President Trump yesterday . What the two discussed, in just a bit. Plus, if youre traveling for the holidays, pay attention. We have a list of the airlines most likely to actually get you where you want to go when you want to get there. Stay tuned. Bring me a higher love. Well, that higher love i keep thinking of but when a recall happens, perfectly good food goes to waste. Now, weve got away around that. Looks good. Were on target. Blockchain on the ibm cloud helps pinpoint a problem anywhere from farm to shelf. Its used by some of the biggest retailers everywhere. A nice wedge. So more food ends up on your table, is that daddys lettuce . Yeah. And less food goes to waste. Diamonds shine like me. Theyre strong. Theyre brilliant. I am a diamond. Find beautiful diamond styles for all the diamonds in your life, including you. Get 25 off everything. Including these one of a kind deals at the earlyblack friday vip event, now extended through november 19th. Exclusively at zales. The diamond store. Fidelity has zero commissions for online u. S. Equity trades and etfs, plus zero minimums to open a brokerage account. With value like this, there are zero reasons to invest anywhere else. Fidelity. Cheryl violence continued overnight in hong kong as a group of protesters remain holed up inside a hong kong university, creating a standoff with police. Lauren fox news Jonathan Hunt is on the ground, has just been able to get inside that university. Jonathan. Reporter lauren and cheryl, we want to bring you this extraordinary first look inside the heart of hong kongs Polytechnic University where the violent standoff has played off over the last 48 hours. Right now, from where we are standing, there are around a dozen students or so still inside here, many have left over the last couple of hours but a hard core remains in here. Take a look around. You can see the violence that was perpetrated here, right in front of us here. Youre looking right now obviously as you can see molotov cocktails they were used by the students and there are scores of them in front of us in the crates there. They were used by students to drive back the Hong Kong Riot Police when they attempted to enter this building and this campus over the last 48 hours. And then as you spin around here, over on this table, some of the supplies, the dwindling food and drink supplies that the children have here. Thats part of the reason why so many have given up because they are running out of food, running out of water. As we come back down here towards the main entrance, ill take you for a view, looking over the front courtyard here and just look at the debris there. It speaks volumes about the kind of violence that was seen in this university on this campus over the last 72 hours. A student just walking past us there, putting his hood up for very good reason, obviously. The students who are remaining here do not want to speak to us on camera, they do not want their picture shown, they do not want to be identified because the hong kong authorities have made it very clear, anyone coming out of here, anyone they find will be arrested and face 10 years. As our cameraman shows you the charred debris here, it gives you a he very real sense of just how intense these battles were, how intense the fires the students set were as they try to turn back the Hong Kong Riot Police who came in here. They were successful for a time. Then they decided many of the students that they should actually give up, that they werent achieving much by being in here so they tried to go out. They were then met with tear gas over the last 48 hours and rubber bullets. They retreated back in here inside the campus of hong kong Polytechnic University. It now appears that most of them have decided to give up. It is futile to keep going with this particular protest in this particular location. But having said that, there is a hard core as we just showed you who are still inside this campus, waiting, deciding what to do next. So this appears to be coming to a close this particular standoff but as we know in these hong kong protests which have been going on for five months, anything can happen at any time and this entire university campus, by the way, is still ringed by hundreds, if not thousands of Hong Kong Riot Police. So still a very tense situation here as we approach the evening hours in hong kong. Lauren and cheryl, back to you. Cheryl Jonathan Hunt, live for us in hong kong. Thank you very much. Lauren pictures look like a war scene. President Trump Holding an unscheduled meeting yesterday with fed chair jay powell. Trump has repeatedly attacked powell, called him a bone head a few weeks ago. But called the meeting yesterday, quote, very good and cordial. The president tweeted later this, i protested the fact that the fed rate is set too high relative to Interest Rates of competitor countries, in fact our rates should be lower than others. Too strong a doctor an we brn mark. Thanks for joining us. How low does the president want to go, negative Interest Rates right here in the u. S. . Well, i do think its a little bit ironic that while europe seems to be walking back some of their negative Interest Rate policies, sweden was the first to go that direction. Its interesting that the fed is proposing that. Because clearly in negative Interest Rates in europe have failed to deliver in terms of Economic Growth and the central bank is reaching the 2 inflation target. It is i would say not likely to happen here in the United States but it does seem as though President Trump sends a lot of negativity toward the fed. Lauren the 10 year yield is higher than it was yesterday, futures this morning in rally mode. We could see more records on wall street. Is there optimism now that perhaps phase one of the trade deal might be closer than we thought last night . Well, i will say this equity market has been incredibly resilient because there has been slightly negative news about the trade war developments with china. So even in light of that, this equity market continues to set record highs. So last year at this time it seemed as though equities were turning negative, momentum was negative. It feels as though this year the opposite may happen where positive momentum may last into yearend. Lauren this is the were joking, mark, were saying its the most expensive time of the year, its also the happiest time of the year, when you get that socalled santa claus rally. With or without a trade deal, earnings today, home depot, tjx, urban outfitters, kohls, do you think this helps propel us to new highs, do we rally from here on out . I do think its hard to fight the momentum, seemingly to the positive side, i think there are a lot of investors that missed out on the rally so the fear of missing out is likely to continue here i would say through the yearend. So i think at that point maybe you take a more cautious approach but at least over the very near term i think its hard to fight the tape in this equity market. Lauren fomo, its a real thing, fear of missing out and maybe some investors putting stocks under the christmas tree. Mark, thanks for joining us. We appreciate it. Thank you. Cheryl weve got a lot more coming up. Were watching futures right now, weve got a big kickoff, the dow looks like it will be up about 114 points, 111, s p up by 10, nasdaq up by 34. Maybe some records, we shall see. Well take it. Its a video app really popular with teenagers but after couldnt controversy, tiktok iso shake free from the chinese roots. And it hasnt been smooth sailing or streaming for the house of mouse, were going to update you on disneys latest streaming problems. Youre watching fbn a. M. Baby, im preying on you tonight. Hunt you down, eat you alive ut. Hillary just like animals. So theyll only pay for what they need. Your turn to keep watch, limu. Wake me up if you see anything. [ snoring ] [ loud squawking and siren blaring ] only pay for what you need. Liberty. Liberty. Liberty. Liberty. Oh, ho oh, ho, ho, ho you. You got me. Uh, what do you want . Ive got uh, ai robots, ive got vr goggles. I want your sled, please. No. [ chuckles ] timmy. Itd be a shame if this went viral. For those who never compromise. The mercedesbenz winter event. Whoa. He was pretty good this year. Beyond the routine checkups. Beyond the notsoroutine cases. Comcast business is helping doctors provide care in whole new ways. All working with a new generation of technologies powered by our gigspeed network. Because 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. Cheryl disney plus is having a tough first week. They had technical problems on the launch day. Now users say their accounts have been compromised. Lauren oh, no. Is this another hack attack . Joining us now from fox News Headlines 2 24 7 is brett lars. The headline yesterday was disney plus has been hacked. Thats not what happened. We have a situation here on our hands where weve been telling people this for like six years now, dont use the same user names, passwords. Lauren 1, 2, 3, 4, is not good. Cheryl it was not disney that got hacked, it was people that the reality is, theres a website that tracks this stuff you can put in your email address and theyll tell you if your email address is in another database. Theres a 98 chance that if youve got an email address and you used it to log into a service thats been compromised, your email address is out there. So its probably a good idea if youre using that email address to not use the same password, 1, 2, 3. Lauren disney now also a tech company. Yeah, big tech company. Theyre still doing well. They have 10 million subscribers on day one. Cheryl Big Tech Companies are moving into banking . Yes. Apple did this with the apple card, you can apply for it on your phone. It was very popular. Its been working well so far. Theyve got a couple kinks theyre working out. Last week we heard google is working with citibank to do a Checking Account because theres you know, why not. Surprisingly, people are okay with that. Younger people are okay banking with big tech. Cheryl the Younger Generation doesnt mind banking with apple or im not going to say facebook. Lauren libra is the whole cryptocurrency from facebook. Not getting a lot of praise from our friends in washington or anywhere else because how much does facebook need to do . Lauren amazon is giving spot g spotify and pandora some competition. If youre a prime member, you get amazon music and its free, its not ad supported. But now theyre giving it away, it will be on ios and fire tv, on apple tv, its amazon music free with ads, around 2 million songs. Thats kind of the new model, the freemium model. Theres a free version and then with a couple bucks you get the service. Lauren brett larson, you can catch brett on fox News Headlines 24 7, on sirius xm channel 115. More good news for you. Take look at your money. We could see another trifecta of records for the second day in a row, dow jumping, 109 points, nasdaq up 33. Still ahead, as impeachment hearings continue into week two, could President Trump surprise democrats by cooperating . Keep it here on fbn a. M. In the middle of the night. In my dreams. You should see the things

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