dream to breaking news, goldman sachs heading from wall street to main street, one of the biggest investment banks in the country now is a bunch of money. get a ruling in favor of aib chief lead to an all-out bailout. ross sorkin thinks so. the hockey dynasty born in chicago as the blackhawks take on the stanley cup. we will have the highlights. u.s. features under pressure as we await any news on this greek debt talks. futures continue to think lower. the kick off this tuesday morning. i am sandra smith joined by

lauren simonetti and nicole petadilles. welcome to train a coming a first look at what is living in today's market and what to expect that they had an looking at a major change to goldman sachs business model. what is that? >> high net worth to an online ad for the regular folks. tree into lauren, you are focused on that recovery. they are celebrated in chicago this morning. chicago girl, black. they are the new championship for the first time in six seasons. they did it front of the home crowd. chicago wins the deciding game to do nothing over tampa bay. the second period turned out to be all that was needed. he was also named the most valuable player. we will have been highlights coming up in just a little bit. tune in this afternoon with nhl

commissioner gary bettman will talk with liz claman about the season in the business of hockey at 3:00 p.m. on countdown to the closing bell. one of the biggest banks on wall street is looking to do business on main street. goldman sachs-based plans this morning. nicole: there is some agreement and some not. goldman sachs is focused on big companies, large investors. he reportedly plans to offer loans online to consumers and small businesses starting next year. this is a marketplace nearly $850 billion. they shift from high net worth clients to ordinary americans comes as regulation and g have cut into their profit at big banks and other units and most notably trading of course. the question is whether or not the smaller type loans maybe 15,000 is that really value

added to the company. that is a big area. 850 billion. he did have one analyst saying maybe not sure this is the best move for return on equity even notice pretty high, but we will see. sandra: i will be cliché and say time will tell. "the new york times" weighs in on the aig case after government exceeded the authority of the 2008 rescue. andrew sorkin writes the ruling could end all bailout. if another financial crisis occurs the ruling coupled with provisions of the dog for a financial or overhaul law make it unlikely the government would rescue a failing institution. they can say kate greenberg and the former ceo on behalf of shareholders. we did not award any monetary damages to an at $40 billion in damages.

this is one that everybody's talking about this morning because obviously everybody retrospect is how do we avoid this in the future. tree into enough with the bailouts. one of focusing on today sandra is interest rates in the housing market. we have a load of data coming out today. first of all an hour before the market opens. they are expected to fall to 1.1 million. facing a future construction expected to fall as you can see on the screen. coming off a very strong april performance and yesterday we found a home builder confidence a nine-month high and many builders, standard pacific and reilly emerging as mortgage rates are the highest this year topping 4%. higher rates is the theme this week. the fed starts a two-day meeting today. economists increasingly expected to wait until september, even later.

the sad first rate increase will come in september versus 3% to see a lift off now at this meeting. some people say now. tree into good luck to them because now the consensus is moving further and further out into next year. merger talks between the health insurance industry this morning. what does it mean for investors and your insurance to call has been following for us. nicole: mergers and acquisitions, trying to figure out how to cut costs to the biggest insurers could be in play as they look to cut these costs and reap benefits due to changes brought in part by the affordable care. "wall street journal" reports the united health group has offered to buy aetna in a deal valued at more than $40 billion. the approach came in the form of a letter within the past few days. the journal says it's not clear what if any response actually was. shares of aetna rattling 4% on word of the offer.

also watching signe radley nearly 12%. anthony recently offered to buy the company for $45 billion this signe rejected the day. one potential stumbling block is the ceo wants to run the combined company, a sticking point. the journal says at knight and others are considering buying humana. all these insurers are doing very well year today. health net hitting a lifetime high. the consolidation is to cut the cost and with the weather deductibles are going up. maybe pay less of a premium but deductibles go up. nicole: the hospitals have also been merging. the health care industry in total starting to merge for the homebuilders which i was just talking about. sandra: as you mentioned

healthnet lifetime highs, huge gains yesterday on top of the news in the story but also influence analysts in and price target raises. we'll keep watching us as well. let's get you well. let's get you caught up in the stock market this morning. still concerned over the greek debt crisis. a lot of question as we continue to see global markets pressure from now. the hang seng down more than 1%. we've been seeing pressure as well. ftse, cac and dax all down. here at home, u.s. stock index futures indicate a lower open on wall street several hours from now. the dow futures down more than 75 points. they weakened since the top of the hour. we continue to look at the so-called fear gauge for the markets. 20% over the last two trading days possibly signaling a new

phase of volatility for the markets. a lot of traders out there come the volatility index is used as a contrarian indicator when you get a spike they can indicate the selloff in the stock market and vice versa. u.s. airstrike has killed al qaeda's number two figure in the leader as a gemini and affiliate. the terrorist group confirmed the death of kind of cnn affiliate has been linked to a number of foiled in botched attacks on the u.s. homeland. donald trump thrown his hat in the rain come expected to announce his 2016 presidential plans today. during the announcement he will sell details about his personal finances that we really net worth of $9 billion. fox business will carry it at 11:00 a.m. eastern of barney & co. there comes a day after jeb bush

officially entered the white house race. >> is on a very bad course of the question is what are we going to do about it. question for me -- the question for me is when i'm going to do about it and i've decided on a candidate for president of the united states of america. >> the florida governor and his wife mexican born bad to pass immigration reform if elected and was quite passionate about it. the board of 21st century fox meets today to discuss succession plans. rupert murdoch expected to step aside as ceo at hand the reins to his son, james. the elder murdoch is anticipated to remain executive chairman. his other son expected to be named executive cochairman. chase carey comiskey o. o. 21st century fox will stay on as an adviser to rupert murdoch. chairman and ceo roger ailes will report to rupert murdoch.

twenty-first century fox is the parent company of the fox business network. shares of gas rising in extended trading after the company said it will close 175 the namesake stores. cap plans to cut 250 jobs at headquarters. ceos are taxes than those are designed to ensure the chain is the right side for a changing marketplace. this will lead cap with 500 stores in north america down from 700 back in 2013. cody has one option to require three businesses from procter & gamble for as much as $12 billion. shares of the company following the news by the cosmetics business days. png has been looking to sell assets as it covers nonporous part of its cost-cutting strategy. coming up a check of wild weather we see across the country this morning.

plus the new sports dynasty in the hockey arena. the blackhawks take home the stanley cup for the third time in the last six years. we will have the highlights. could be a volatile day in the market. checking on u.s. stock index futures, more pressure on markets this morning ahead of the opening bell. dow futures down 73, s&p down eight, nasdaq down 22. you are watching "fbn:am," and your first look at morning market and breaking news. ♪ you are looking at two airplane fuel gauges.

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sandra: welcome back to okay you caught up on global markets. shaping up to be a busy day as they look across the globe seen the hang seng down to 4%.

still concerns about growth in china. concerns about the greek debt deal talks fail in european markets also down this morning. a loss of a full% there as well. stock index futures, the fed's two-day meeting kicks off today. good questions loom about interest rates in the future is in u.s. as you look at oil prices this morning. the 60-dollar level continues to be so key for the energy markets. crude oil dipping below 5987 a barrel this morning at 61070%. turning to sports because it was a big night last night. blackhawks are stanley cup champion tampa bay to do nothing to take the series in six games. it turned out to be all that was needed. he was named the most valuable player. patrick kane added an insurance goal with five minutes remaining. or chicago is the third stanley

cup win in six years and the first on home ice since 1938. tune in this afternoon with nhl commissioner gary bettman will talk with liz claman about the season in the business of hockey. 3:00 p.m. on countdown to the closing bell. the golden state warriors could win the title in the title of 40 or so a win over the cleveland cavs. lawyers have a three-game 22 lead. -- the 11th inning rally as the mets beat the blue jays 43. the loss and interrupt his team record tying the 11 game winning streak. there's also some wild weather out there. across the country with tropical storm bill threatening texas and the southwest. it's good to meet urologist janice dean. reporter: hi, sandra. 50 miles per hour.

we will see this make landfall this morning and potential for extreme flooding over areas saturated. record-setting rainfall last month across portions of southeast texas and into oklahoma. the exact area where tropical storm bill will make landfall and make its way up towards north texas and oklahoma. rainfall totals could be devastating for the area. eight, 10, 12 inches of rain. this is going to be a developing story and one we are watching on fox business. sandra: also energy markets higher this morning. travel already interrupted with all the rain on the east coast yesterday. janice dean, thank you. coming up, one of the biggest and oldest investment banks on wall street. goldman sachs wants to lend money to main street. we'll tell you about the ambitious push into consumer lending. deal belgrade at a fast pace.

what does it mean for investors and insurance? we'll take a look. check in u.s. stock futures, dow, s&p, nasdaq further into negative territory as we speak down to 83 points. "fbn:am," your first look at morning market and breaking news. just not a

sandra: ricci news, goldman sachs heading from wall street to main street. now wanted to lend you money. i hockey dynasty born in chicago

is the blackhawks take on the stanley cup. we will have the highlights. u.s. stock futures under pressure this morning. news of the greek debt talks following through. all of that insurgency continues to weigh on global market. senator smith joined by lauren simonetti in nicole petadilles. welcome to "fbn:am" come your first look at today's markets. the latest breaking news and what to expect the day ahead. a major change to goldman sachs business model. >> it may be just for you. something more consumer base will be a map online. sandra: loren, you're focusing on the housing recovery. train for what will it do to the housing market? just starting to recover. jump off the sidelines baby. trained to their celebrating in chicago. blackhawks are stanley cup champs for the third time in six seasons and this time they did it in front of the home crowd.

chicago wants to do nothing over tampa bay. duncan keith scored the first goal of the game in the second. and it turns out to be all that was needed to be a win. he was also named mvp. came highlights a little bit later. to them and gary bettman will be joining liz claman talking about the season in the business of hockey happening at 3:00 p.m. on countdown to the closing bell. one of the biggest banks on wall street looking to do business on main street with uni. nicole has the latest on goldman sachs. nicole: goldman sachs really focuses on big companies and large investors. the bank reportedly plans to offer loans online to consumers and small businesses starting next year. the marketplace nearly $850 billion. hide network clients comes as regulation cut into their profit offender unit such as trading.

return on equity has been trans. to return equity could be 20%. they hire somebody to really spearhead this but they have to develop it. they are going to try and get the regular folks. the fed will be in focus tomorrow. is there any language that indicates the rate hike? lauren: the fed meets today and tomorrow and in the meantime they come out at 830 eastern this morning. a very volatile number. the expectation to fall from april high numbers to 1.1 million they said no future construction expected to fall at the same.

like i said strong april we are coming off of yesterday. homebuilder confidence of a nine-month high. standard pacific and violent group, to all marchers rising. this is the highest of the year. the fed meets to decide what they do with interest rates. economists increasingly expect the fed to stay put. 72% say they expect a rate hike in september or maybe even later. two-time the goldman sachs story by your new house now because you get rates historically low in your new kitchen on new kitchen on from goldman. sandra: detaches to get a mortgage the qualification is still hiding a lot of young people in data phones. sandra: merger talks between the health insurance industry. what does it mean for investors and insurance?

moving some of the biggest stocks out there. >> some of the country's biggest insurers could be in play as they look to cut their costs. changes brought in part by the affordable care act. "the wall street journal" reports united health group has offered to buy at that in a deal of $40 billion. sources told the newspaper the approach came in a letter in the last few days. the journal says it's not clear what the response was. shares of aetna rallied 4% on word of the author. kiraly nearly 12%. they reported they said rejected the offer. david chordata once to run the combined company. and they are considering buying

humana. the group overall considering consolidation. stocks are doing well this year. hospital consolidation wants to get better prices and see how it affects the regular folks. you may have a lower premium, pay a higher deductible and also higher co-pays. if you don't get sick. transfer premiums are up 5% 5% and next year they will rise even more. sandra: we are almost at 5:30 a.m. eastern time looking at asia. want to point out the hang seng index because it's down more than a full% right now. the big thing this week is the greek debt talks fell through. a lot of uncertainty what will happen there. european markets the weakness as well. the german stock market down 1%. here at home a trend is to weakness. we continued to fall further into negative toward kerry.

dow futures and 87 points down across the board as you can see the nasdaq futures there. also watching volatility. the so-called fear gauge we use to measure volatility in the stock market up 20% over the past two trading questions on transactions. traders love volatility. investors not so much. we will keep watching not as a contrarian indicator for this talk market. a u.s. airstrike has killed the number two figure and later of its yemeni affiliate. the terrorist group confirming his death. al qaeda's affiliate has been linked to a number on the u.s. homeland all been confirmed. donald trump expected to announce its 2016 presidential plan this morning. he's already at the von twitter. during the announcement he will share details about personal wealth to reveal a net worth of

$9 billion. the fox is this network will air travel time speech live at 11:00 a.m. eastern on foreign income to me. trump's announcement comes a day after jeb bush entered the white house race. i think he was on the record saying he owns a gucci store that trumps that romney's wealth anyway, listing. >> or countries on a very bad course at the question is what are we going to do about it? the question for me is what am i going to do about it. and i've decided on a candidate for president of the united states of america. sandra: the former florida governor whose wife is mexican born bout to pass immigration for them if elected to the border 21st first century fox needs to discuss succession plans. rupert murdoch will step aside as ceo and hand the reins to his son james.

the elder murdoch anticipated to remain as executive chairman. his other son expected to be named executive cochairman. the ceo of 21st century fox is likely to stay on as an adviser to rupert murdoch. fox news chairman and ceo of roger ailes will continue to report. coming up, forget about boys or finger recognition technology. amazon wants you to unlock your phone with a different part of your body. use your imagination. we'll have the story. investors are disposed to take in on the greek debt drama. looking like a lower open this morning. thinking further as we've been talking down futures down about 100 points. you are watching "fbn:am," your first look at morning market and breaking news.

♪

sandra: welcome back on this tuesday morning. let's get you caught up on global markets. in asia, stocks trading heavily to the downside, beaten to the hang seng down more than 8%. they are leading losses in europe. take a look at the german stock

market average, the dax down 1.1%. it has been added to earlier losses. index futures down this morning pointed to a lower output in -- okay. the fed's two-day meeting today. the greek debt drama all playing a big part of why we continue to see weakness in the stock market. amazon has come up with a new way to unlock your phone. everybody stay tuned for this one. which body part are we using? nicole: probably not the one you think. they actually want you to unlock your phone with your ear. they will use your recognition to unlock the phone. pick up the phone, answer and it automatically customizes the audio levels you hear to what you prefer. this is about privacy and personalization in one. we'll see if it makes it to the railroad because sometimes they

don't. the concept explained that we as customers take amazon is the best in the u.s. that comes from a new ranking by the advisory reputation in ex. we like amazon. sandra: it's amazing. do you have an air print? or your ear hole? it's ridiculous. could be easy access. coming up, one of the biggest investment banks change in its model. goldman sachs now it's to lend you money. we'll have the details on what they are doing next. major mergers under the health care insurance giant united health talking to at now. and i'm talking to cnet. what does it mean for investors? we will take a closer look and checking stock futures ahead of the opening bell. data features that 95 this tuesday morning.

you are watching "fbn:am," your first look at morning markets and breaking news. ♪

sandra: breaking news this morning. goldman sachs heading from wall street to main street. one of the biggest investment banks down lending you money. a hockey dynasty born in chicago as the blackhawks take on the stanley cup. will have the highlights. awaiting any news on greek debt talks. futures now lower. dow futures down 93 points. good morning. i am sandra smith joined by transfixing nicole petadilles. welcome to "fbn:am," your first look at today's markets. the latest breaking is and what to expect that they had. looking at the major change to goldman sachs business model that affects everyone out there.

nicole: you need 15 grand, don't worry, there's an app for that. go online and get it. sandra: i want to know more. lauren, you are focusing on the recovery. lauren: what will that do to the housing market. string to if you upgrade now you probably didn't see the end of the blackhawks game like me last night. it was a huge win last night. the blackhawks are not stanley cup champions for the third time in six seasons and this time they did it in front of the home crowd. chicago wednesday to do nothing over tampa bay. duncan keith scored the first goal of the game in the second period and it turns out to be all that was needed for the win. he was also named the most viable player. nicole: where is your shirt, sandra? sandra: i had it on the other day. tune in this afternoon. nhl commissioner gary bettman will talk to liz claman about

the business of hockey on countdown to the closing bell. we came, we saw, with crawford. that's my best take away from the last stanley cup win. one of the biggest banks on wall street looking to do business on main street. nicole has the latest. nicole: we always think about big business, large investors. they want to lend you money. the bank reportedly plans to offer loans online to consumers and small businesses starting next year. this is a market place nearly hundred $50 billion. the shift from high net worth clients to ordinary americans comes this regulation comes into the profit. most notably trading as we hire somebody to come on board. the idea is to give out funds to folks looking for something, maybe $15,000.

sandra: i will point out the obvious. they have a say do this as we this as we see the rise of interest rates. laurent, housing also a big focus for wall street today. we will get some port numbers out this morning. trade for housing and that rising interest rates. they come at 8:30 eastern. expected to fall to 1.1 million permits which signal future construction to fall to the same. coming off the very strong april performance. yesterday we found out home builders confidence of a nine-month high to home builders come together to build homes of all sizes. this as mortgage rates are the highest of the year topping 4%. that is a theme this week. the fed starts day one today. economists increasingly expect the fed to wait until september, even later to hide.

72% of economists say the first hike in a decade will come this fall in september. 3% at this meeting of 3% in july. sandra: the investment environment, housing environment, will change everything. lauren: likely a knee-jerk reaction and everything will stabilize. sandra: even if we win we get the first interest rate hike. merger talk is a big one this morning sweeping the health-insurance industry. what does it mean for investors? the call has been following the story. nicole: investors are doing well. we are seeing cigna and humana up 40%. some of the countries biggest insurers could be in play as they look to cut costs and reap benefits due to changes brought in part by the affordable character of "the wall street journal" reports united health

group has offered to buy aetna become a deal valued roughly $40 billion. the approach came in the past two days. the journal said it's not clear what the response was. growling more than 4% yesterday on the word of the offer. the rally is nearly 12% paid in some offered to buy the company for $45 billion. cigna has rejected the data and sources say one potential stumbling block is dea david court on a wants to run the combined company. the journal also says that nine others are considering buying humana. we'll see how it all ties. the companies try to get together to have better cost-saving and give them more leverage for hospitals consolidated to have the consolidation in the industry have 100 we saw back in 2009. sandra: thank you very much,

nicole. we are watching significant neck to be as far as selling off this morning. the nikkei, hang seng and singapore averages down. still jitters about the debt situation in greece. in european markets i want to note the german indexes down a percent. the german economic sentiment numbers came out this morning showing a job to a seven-month low. that is aiding in the selling them here at home dell features off their lows of the session down 90 points, pointing to a lower open as they kick off a two-day meeting for the fed. causing a lot of volatility. the so-called fear gauge up nearly 20% over the past two trading days. possibly signaling a change in the volatility situation in the

marketplace. u.s. airstrikes have killed al qaeda's number two figure in the later of its yemeni affiliate. the terrorist group confirmed the dead. al qaeda cnn affiliate has been linked to a number for the botched attacks on the u.s. homeland. donald trump expected to announce his 2016 presidential plans this morning. during the announcement he will share details of personal finances that reveal a net worth of $9 billion. fox business will be carrying for donald trump speech live at 11 eastern on "varney & company." likely to be entertaining as well. the announcement comes a day after jeb bush entered the white house race. >> our country is on a very bad course and the question is what are we going to do about it. the question for me is what am i going to do about it. and i have decided i am a candidate for president of the united states of america.

trade to the former florida governor his wife is mexican born not to pass immigration reform if elected. twenty-first century fox meeting today to discuss succession plans. rupert murdoch to step aside as ceo at hand the reins to his son james. the elder murdoch anticipated to remain executive chairman. father-son loch lomond expected to be named executive cochairman. the ceo of 21st century fox's likely to stay on as an advisor to rupert murdoch. roger ailes will continue to report to murdoch. twenty-first century fox's parent company of the fox business network. shares of gap rising in premarket trading after the company said it will close 175 namesake stores in north america. gap making big plans to cut 250 jobs at headquarters.

ceo says the moves are designed to ensure the chain is the right size for a changing market. this only gap with 500 stores in north america down from 72013 as the retailer has continually tried to turn things around. a rise in not planning the "huffington post." this after the company agreed to pay $4.4 billion to acquire aol. verizon and dso said the company likes all of aol's portfolio and wants to keep it together. coming up chicago blackhawks become the latest sports dynasty winning the stanley cup. we will have the highlights. investors waiting on the next move in the greek debt drama. dow futures coming off the lows of the morning to 83 points. s&p down, nasdaq futures down 25. you are watching "fbn:am," your

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sandra: let's get you caught up on global markets this morning. in a show weakness oversees the nikkei down one or determine the hang seng down to 35. europe stocks also seen negative sentiment they are following a german economic sentiment dropped into a seven-month low in u.s. stock features also lower this morning pointed to a lower open a few hours from now. dow futures up 82.

the blackhawks are stanley cup champions beating tampa bay to do nothing. dark antique store in the first goal of the game and it turned out to be all that was needed. also named the most viable player. for chicago was the third stanley cup win in six years and the first on home ice since 1938. tune in this afternoon when nhl commissioner gary batman will be talking with liz claman about the season of hockey at 3:00 p.m. on countdown to the closing bell. the nba finals could wrap up tonight. with a win over the cleveland cavaliers. the warriors have a three-game to leave. nicole, this is for you. and soccer the u.s. will take on nigeria in their third match of the world cup tonight. a scoreless tie in the last game

and also a three to win over australia under their belt. wild weather across the nation. tropical storm bill threat in texas in the southwest. let's go to fox meteorologist janice dean. oklahoma also a threat. so much energy. reporter: these areas had record-setting rainfall this month with upwards of a foot. we could get over a certain tropical storm bill over the next 24 to 48 hours. the track moving through texas, oklahoma tours the ohio valley and eventually the northeast. let's look at the radar as they move across the midwest. we are expecting delays later on in the year port for the northeast. so far so good. potential for showers and thunderstorms are boston, new york and d.c. will be watching and of course all the markets. back to you, sandra.

sandra: coming up the run down a global market action but you need to know before you leave. before we handed over to maria bartiromo. stay right there. ♪ when account lead craig wilson books at laquinta.com. he gets a ready for you alert the second his room is ready. so he knows exactly when he can settle in and practice his big pitch. and when craig gets his pitch down pat, do you know what he becomes? great proposal! let's talk more over golf! great. better yet, how about over tennis? even better. a game changer! your 2 o'clock is here. oops, hold your horses. no problem. la quinta inns & suites is ready for you, so you'll be ready for business. the ready for you alert, only at lq.com. laquinta!

sandra: a final look at global markets. let's focus on u.s. stock index futures this morning. dow futures at 96 points moving back to the lows of the session. the fed had the great debt negotiations continue to weigh on markets. when you look at crude, it are a spot as far as games are concerned. tropical storm bill threat in areas that the u.s. including oklahoma could be a race to

energy. gold prices followed more than three bucks to three tenths of a percent. 1182 the price for gold. watching the currency market s. greece is still central focus around the globe. continues to strengthen against global currencies. as the kicks off the two-day meeting. time now for maria bartiromo and morning santa maria. maria good morning, everybody. it is tuesday, june 16. jack otter with parents magazine also along with their own maria on trade dagen mcdowell. more spending from the above administration. just now announced an executive actions that will encourage private-sector spending in clean energy innovation. the white house and it adds up to $4 billion private sector commitments. more