Lauren lets check out the stocks. Cheryl get ready for one of the biggest shopping days of the year, amazon prime day, we will tell you about some of the best deals and we are also going to take a closer look at the stock. Lauren my fingertips are ready. Add wimbledon rising backlash against the player who lost but bragged about all of the must be he made. We have all the stories. Cheryl 5 01 a. M. Here in new york. Monday july 10th, good morning, everybody. Im cheryl casone. Lauren im lauren simonetti, welcome to fbn am, first look at morning markets, breaking news and what to expect for the day ahead. Cheryl washington now back from the recess and we have a lot of breaking news this morning because that clock now ticking as congress is returning from the july 4th rez with the Health Care Bill deadline now to be in rejerd my. Senate republicans still looking for a plan to repeal and replace obamacare. Senator on Fox News Sunday says he has reservations. Clearly the draft plan is dead, the series rewrite plan, i dont know, i have not seen the rewrite plan. Chris its a heck of a way to do business. It is. If anyone can get it done, Mitch Mcconnell. Chris yes or no, they will pass yes, they will get repeal and replacement done. Lauren optimism but not for Bernie Sanders. Calling Mitch Mcconnell of kentucky not to destroy obamacare. If this legislation were to pass, many fellow thousands of americans will die and many more will suffer and become much sicker than they should. Lauren all right, senator mcconnell suggesting over the july 4th recess that bipartisan help might be needed to help fix parts of obamacare if a Major Overhaul get the support of at least 52 senators. Cheryl tax reform. Treasury secretary Steven Mnuchin is saying that the Trump Administration is moving ahead in a plan to cut taxes for the middle class and businesses. We are absolutely commit today getting tax reform this year. We need to get back to 3 or better gdp and our plan is to have a fullblown release of the plan in the beginning of september with being able to vote and getting this passed before the end of the year. Cheryl mnuchin also dismissing report that is white house adviser steve bannon is supporting a 40 tax rate for the very wealthiest americans. The current, excuse me, top income tax bracket, 39. 1 . A number of analysts said they expect tax reform wont happen until early next year and the cuts will be scaled back as republicans scramble to deliver on their economic agenda. We all wait and watch. Lauren wait and watch, so does the market. President trump calling for expanded cooperation with russia , the agreement was announced last week following a meeting with President Trump and russian president Vladimir Putin but senator john mccain criticizing secretary of state Rex Tillerson for suggesting that russia might have the right approach in resolving the syrian conflict. Its up to us because of our principles and beliefs and advocacy of freedom. Thats what america is supposed to be all about. Not whether theyre right and we are not wrong. We know who is right and who is wrong here. Lauren cheryl now President Trump appears to be backing off of plans for the u. S. To work with russia on fighting cyber terrorism and the idea came under fire from both democrats and republicans very quickly over the weekend so trump tweeted this last night. The fact that president putin and i discussed a cybersecurity unit doesnt mean it cant happen, it can, but a cease fire can and did. Lauren trump treated earlier that he had discussed the idea of cybersecurity unit with putin during their meeting which is at the g20 summit in germany. President added that the u. S. And russia would Work Together to guard against Election Hacking and, quote, many other negative things. Cheryl a lot of criticism after that one. Donald trump is pushing back on report that is that he and other members met with russian lawyer with the expectation of getting damaging information on Hillary Clinton. The story first reported in the new york times, trump, jr. Telling fox news he met with the lawyer who was describe today him as somebody who might have information helpful to the campaign but he says he ended the meeting about 25 minutes because the lawyer was ambiguous and made no sense. A spokesman for the president says he was unaware of the meeting and did not attend. Lauren two major wild fires in california have thousands of people flee to go safety, 4,000 evacuated and another 7400 prepare today leave their homes as fires swept through the sierra nevada. The fire has burned nearly 8 square miles and damaged Critical Infrastructure leaving governor jerry brown to declare state of emergency. Amazon prime day has arrived with deals and steals you have to see to believe. Cheryl might be our favorite day of the year. Lets ask Tracee Carrasco what she thinks to have deal. Tracee it might be my favorite day of the week as well. Cybermonday in july starting tonight at 9 00 p. M. Eastern running 30 hours. Amazon prime members will be able to save even more on thousands of items on the website. This year amazon says there will be more than a hundred thousand new deals offers with sales posted as often as every five minutes, last year millions of people participated in the biggest prime day yet. This year could be even bigger. 12 in other countries including uk, mexico and china will be able to participate. Some items to look for, the ps4, xb1, 4k tvs Gaming Laptops and home electronics. Also look for products as amazon echo, Amazon Echo Dot and look. Some deals have started. You can get the top20 bestselling kennedle books. Subscriptions like rolling stones, mens health and gq deeply discounted. Prime exclusive phones, smartphones from motorola, nokia on sale from 50 to 200. Four months for 99 cents a month. Prime members with alexa device wills get exclusive devices two hours before prime day starts. Amazon says its app is the best way to shop and keep track of the deals. Im going to download that right now. [laughter] lauren yeah, theres a lot of deals to prime members. Tracee prime member a year on average spend 1,100, thats not including the 99dollar subscription compared to 600 for nonprime members. Lauren double. Tracee you can imagine prime members are going to keep track. You can buy things like ice cream, your toilet paper, your tv. Cheryl you can buy cat food, cat litter, paper towels. Everything. Ic we are both prime members. Lauren for sure. Cheryl thank you, tracee. As we should say amazon stock right now sup about 30 so far just this year. So the question is there more room to run. Lauren good question, adam, what do you think . If they would split this stock, we would see probably double again. Its trading at a thousand bucks, im amaze that had jeff bezos wants to make cheaper stock, who can afford a thousand dollar stock, its ironic, thats the deal im looking for. I want a stock split on amazon, guys. Cheryl lets talk about the levels right now. 97876. That was bun of the big warnings we got last month with technology in general. When its 183 times earnings, 980 bucks or 920 bucks youre paying insane valuation. Thats not the point. This is a the story stock. This is the ultimate show me what you can do and they keep doing it from the whole foods deal to literally three days later announcing that you can buy clothes on amazon and they will send you all the stuff and you can send it back and its no charge. Amazing story. You to believe on this one. I am not long amazon. Its not my kind of stock, its not really what i like. Its the ultimate gross stock, guys. Lauren last year for prime day which was their second one orderers were up 60 versus the year before. Do you think prime day will move this stock today . Yeah, this thing is an animal. Animal. Amazon is story. Its like walk to go macys on thanksgiving day. Dont even think about getting in the way of like i said, im looking for a stock split. Think about jeff bezos. What does that mean . You take the stock or 5 for 1 split and trading at a thousand bucks, you bring it down to 200. Now everyone can buy it. Ic thats the next big announcement coming out of amazon. Thats what im looking for. Cheryl interesting take and that would make a lot of sense. Really quick, you mention jeff bezos, do you agree or disagree with buying whole foods . Huge deal, they will crush fresh direct and everyone else out there. The building, the lobby is loaded with amazon boxes, you know, people just buying food, yeah, dont get in the way of this thing, this is a brilliant, brilliant deal. Cheryl thank you, adam. Okay. Lauren dow rise of the future of the Senate Health care reform bill. My view is its probably going to be dead but i am ive been wrong, i thought i would be president of the united states. [laughter] lauren and facebook cutting the price of its Virtual Reality head sets again. We will tell you exactly why and before we go to break, lets show you how the market is shaping on this fresh week. Dow futures up, youre watchingm today, were out here with some big news about type 2 diabetes. You have type 2 diabetes, right . Yes. So let me ask you this. How does diabetes affect your heart . It doesnt, does it . Actually, it does. Type 2 diabetes can make you twice as likely to die from a cardiovascular event, like a heart attack or stroke. And with Heart Disease, your risk is even higher. You didnt know that. No. Yeah. But, wait, theres good news for adults who have type 2 diabetes and Heart Disease. Jardiance is the only type 2 diabetes pill with a lifesaving cardiovascular benefit. Jardiance is proven to both significantly reduce the chance of dying from a cardiovascular event in adults who have type 2 diabetes and Heart Disease and lower your a1c. Jardiance can cause serious side effects including dehydration. This may cause you to feel dizzy, faint, or lightheaded, or weak upon standing. Ketoacidosis is a serious side effect that may be fatal. Symptoms include nausea, vomiting, stomach pain, tiredness, and trouble breathing. Stop taking jardiance and call your doctor right away if you have symptoms of ketoacidosis or an allergic reaction. Symptoms of an allergic reaction include rash, swelling, and difficulty breathing or swallowing. Do not take jardiance if you are on dialysis or have severe kidney problems. Other side effects are sudden kidney problems, genital yeast infections, increased bad cholesterol, and urinary tract infections, which may be serious. Taking jardiance with a sulfonylurea or insulin may cause low blood sugar. Tell your doctor about all the medicines you take and if you have any medical conditions. So now that you know all that, what do you think . That its time to think about jardiance. Ask your doctor about jardiance. And get to the heart of what matters. Hit could be the next big thing i should totally get that domain name. Get your great idea online too. Get your domain today, and get. A free trial of gocentral from godaddy cheryl it is 5 15 a. M. In new york. Lets get you caught up on whats happening now. Iraqs Prime Minister is record ing victory after running islamic militants from iraq city. Isis now controls less than a square mile of territory in the old city. Well, German Security officials are struggling to explain how protest that is had long been predicted during the g20 spiraled out of control. Antiglobalization activists rided for three straight night in hamburg after leaders left the city. More than 200 officers were injured in the violence. All of that taking place since thursday of last week. And facebook is slashing the price, second time this year. For the next six weeks Virtual Reality will cost 399, down from 598. Facebook is trying to jumpstart sales. And taking a look at futures, slightly higher open on monday, lauren. Thats whats happening now. Lauren thanks, cheryl. Congress is set to return from recess today, lawmakers coming back to a pretty lengthy to do list and on top of that is health care. President of the southernland institute, good morning, boys. Good morning, how are we doing . Lauren well, we are okay. They got an earful from constituents, ten gop senators have already come out and said they oppose the mcconnell bill just yesterday senator john mccain essentially declared it dead, so the fireworks are essentially just beginning, do you think the gop Health Care Bill to replace obamacare, do you think its dead . I think that mcconnell version is definitely dead and the number is much higher than ten, i think its more like 15 or 16. Lauren 14. Its been a political move by senator mcconnell and thats not what this is about. If we if conservatives believe they have the right principles deal with health care, they should put it on the floor, debate it, cause democrats to defend obamacare and talk about what principles they think and what policies should be included. Lets have an honest, open debate for a change and reinstitute it as deliberative body. Cheryl the white house is so confident, Reince Priebus said that the bell will get passed, is that possible . Again, the current version is not going to pass. I think youll have some new amendments and new versions coming out. Senator cruz, senator cassidy and collins. I think youre going to see a real mix go through there. You will have a full play out in terms of this repeal now with implementation date about a year out, i think that will actually get some traction this week. The white house has been supportive of that, lets repeal it like we promised, lets say its going to last for another year until we implement that and then lets have a realhonest open debate about future of health care in america. Lauren its interesting because they get from august recess today, im sorry, their july 4th recess today but in three weeks they break for the august recess, should they cancel that . You know, they should trim it down a little bit. When we say recess, most of the members spend at least two or three weeks going around the state and Holding Town Halls which will be fascinate if they still havent gotten things done. They should shorten it and tighten it and invite the democrats to stick around and lets have a serious debate about health care. Lauren boyd, good to see you, thank you. Thanks. Cheryl coming at the box office, spiderman as he swung to the top of the moneymakers. You have to get better at this part of the job. I dont understand. [screams] we will tell you who else made the top list over the weekend. Moving onto sports, Los Angeles Dodgers ahead of the alstar break and wimbledon, a lot of backlash against one player who lost. We are going to have that story. Youre watching fbn am whats up, guys . Are there trials or interview . Do me a favor, can you be a friendlyneighborhood spiderman. Stay close to the ground. Youre spiderman from youtube. Lauren number one spot at the box office. Spiderman homecoming brought 117 million in Opening Weekend making it the highest debut for a spiderman film in over a decade falling into second place despicable me 3. Baby driver took third with 13 million while wonder woman celebrating fifth week in top 5 with another 10 million. Transformers the last night earned 3 million. Cheryl time now for sports and Los Angeles Dodgers enter allstar break as the hottest team. He connects for two home runs, ninth and tenth of the season. Kershaw becomes the first pitcher in Major League Pitch tore strikeout 13 in complete game. He improves record to 142 record with 2. 18 error. Okay. Coming up Colorado Rockies second no hitter. Hitless for eight and a third inning. No hit innings by rockies pitcher. The nohit requires defensive play and eighth inning gerardo parra, lets just watch it again. Great catch by parra. It really was. One out in the ninth, cabrera drives a clean single, eight and a third innings. His family celebrating, he got a standing ovation and theres his family and they are loving that. The rockies win 100. Controversy surrounding comments made by bernard wont go away. Tomic has been in hot water after he said he faked injury. He told australian newspaper, you probably dont like me but at 24, you guys can only dream about having what i have at 24. End to have day, dont like me or whatever, just go back dreaming about your dream car or house while i go buy them. Since several responsors have dropped tomic. Lauren what was he thinking . Cheryl players are young and hot streak, the arrogance can be their problem. That happens in football. Lauren arrogance is an understatement. Coming up everybody, Congress Returns from july 4th recess with pretty busy agenda. The question is Health Care Reform dead or can they get a bill passed . What about tax cuts . Amazon georgia up for one it of the biggest sales events of the, rolling out right now ahead of prime day. Investors seeing slight gains. Nasdaq up 18, youre watching fm so we need tablets installed. With the menu app ready to roll. In 12 weeks. Yeah. The world of fast food is being changed by faster networks. Data, applications, customer experience. Which is why comcast business delivers Consistent Network Performance and speed across all your locations. Fast connections everywhere. Thats how you outmaneuver. Cheryl breaking news this morning, Congress Gets back to work today but can that he revive a Health Care Bill thats in jeopardy of collapsing . Lauren treasury secretary Steven Mnuchin still promise to go get middletax cuts done thi