sandra: breaking news this morning. chinese tax break a three-day losing streak. the shanghai index that 3%. a lab report from beijing. twitter to open lower after the micro-blogging company says that stalin. a different story for mark stucker berg and facebook. the great expectations for facebook profits. investors waiting for the latest in the latest of the federal reserve and their outlook for the u.s. economy and interest rates. we will tell you three things to watch. microsoft to watch. microsoft rolling out windows and to millions of computers. it's free but do you really need

it. checking u.s. stock futures ahead of the opening bell on wall street this morning. chris harris across the board. dow futures of 34. good morning everyone. i am sandra smith joined by a train five and lauren simonetti. this is "fbn:am," your first look at the breaking is and what to expect that they had good stocks in china snapping a three-day losing streak of more than 3%. a live report from beijing coming up. let's check in on the next action overseas. hang seng, shanghai composite to the upside. me can coast me down. in europe the positive sentiment of 16 to 1%. cac and dax also higher. stock index futures point to a higher open with features of 31. disappointing usurper of the twitter tracking down company stocks. you are following the story this

morning. >> cucina.com mussina down. a big hit after hours. the stock tumbling more than 11% after the company said its measure monthly average. back in 2015. that's terrible. addressing the issue in a conference call with that one. >> the product remains too difficult to use. we need to simplify the product so everyone can get twitter faster. in short, we have not communicated by people should use twitter and are made easy for them to understand how to twitter. this is a product issue and marketing issue. sandra: data on users as twitter reported rather than have her second quarter results with $502 million. the company raised its full-year guidance. great news as they add parts and

they need to make this for the mass market. they need to grow the user growth. >> people should follow us on twitter. sandra: thank you, nicole. fbi has its own concerns about twitter. officials telling fox business twitter needs to do more to combat terrorism. the company needs to do more in setting up control, monitor and all terrorist related content. it needs to build up its budget to grow even bigger. the extra cost of being internet costs would burden an arty pressure bottom line. investors paying close attention to the federal reserve later today as policymakers wrap up their two-day meeting. lauren is following that story for us. >> this statement on interest

rates with policymakers likely to set the stage for the september hike which would be the first in almost 10 years. is there further progress in the market? janet yellen saying this getting demonstrably closer to a more normal state. second its consumers. we might be buying more cars but not much else did the. are there any dissenters at the policy statement approved by ted-0 vote could be the 50 men this decision in a row. trade to good staff lauren, thank you. investors gearing up for facebook earnings. nicole has a preview. >> wall street looking for stronger numbers from facebook and social media to improve its talent for advertising over the past year, especially the lucrative aftermarket. analysts look for video to

report a profit of 47 cents per share, 5 cents more from a year ago. revenue to climb to $4 billion from 2.9 billion. shares have gained more than 15% over the past three months full text close to 100 bucks a share close yesterday at 95 and change in the options market by those calls threaten the upside 24%. that would be batting to the downside. sandra: no coal, thank you. new york city mayor build the blog see how calling on congress to rescue puerto rico. deblasio saying washington needs to get involved. >> let's be clear, it is a federal governments obligation to act because they can't do idly by and watch puerto rico failed, especially because this circumstance is so much to do

with decisions previously made by the federal government. >> deblasio and others: to pass legislation to grant puerto rico chapter nine bankruptcy option and impose austerity. the new york city council speaker has characterized the hedge funds that hold much of the commonwealth outstanding debt as vultures eating off the misery of puerto rico because the funds won't cut it in puerto rico spending including public education. nfl players association issued a statement saying it will appeal the latest decision on the four-game suspension. upheld by commissioner roger goodell yesterday. fox news contributor struggling to agree with the decision. >> this is by far and away the most ridiculous, the dumbest thing the national foot tall league has ever decided to be involved in. the whole thing is a shame and a sham and it's so unfortunate and

beyond wrong that comes out with the outcome. sandra: really wish you had an opinion on that. knowingly using the afc title game. republican lawmakers set to grow the irs commissioner john koskinen since the target of conservative groups paired victims of the scandal will also have their say. this comes as key republicans call a president obama to remove the irs chief pa gop presidential candidate ted cruz will preside over today's hearing. secretary of state john kerry pitching the administration's nuclear deal with iran to congress. >> in the real world we have two options. either we move ahead with the agreement to ensure iran's nuclear program is limited, rigorously scrutinized wholly peaceful or we have no agreement

at all, no inspections, no restraints, no sanctions, no knowledge of what they are doing and they start to enrich. sandra: lawmakers expected to vote to prevent president obama for lifting sanctions against iran. the president has threatened to veto. fox news lowers threshold for his early debate allowing your polling candidates to participate in the highly anticipated august 6 broadcast. the change removes the requirement participants reach at least 1% polling and allows all 16 republican candidates to participate in the cleveland debate. the 9:00 p.m. debate requirements remain the same and will only include the 10 candidates with the highest average in national poll is determined by fox news. sports a blowout for the new york yankees. >> 15 runs on the board for the yankees. sandra: we will have the highlights were in the slot 21

unanswered runs for new york. in the market it appears that have stabilized for the time being in china. we will have the latest numbers there. checking in on u.s. stock index futures, dow futures at 33 points right now. nasdaq futures update. you are watching "fbn:am" coming for a first look at morning markets and breaking news. ♪

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in 1995? yeah, you are really good at predicting what is going to happen in the future. sandra: that was the late late show with james gordon on stephen haas didn't find killer robots push ahead with artificial intelligence weapons. let a part of the global market action this morning. and asia, makes trading everything they can cause me to the upside, nikkei and hang shame gaining more than 3% in europe. green arrows as well. all trending higher in midday trading. u.s. stock market futures taking a cue from europe. optimism there. i futures at 34 pointing to the higher pointing to a higher open on wall street this morning. checking in on key commodities prices in opposite directions, oil prices down yet again below $48 a barrel. gold slightly higher.

in the currency market command u.k. and europe with mixed trading in currencies and the yield on the ten-year as they kick off the wednesday morning at 2.26%. turning to sports after giving up five runs in the first inning, yankees charged back in a hurry with an 11 run second inning to overcome texas rangers 21-5. the most runs scored by any team this season. adding a fourth career grand slam in the third. philadelphia phillies sending all-star closer john of dead tackle vaughn to the nationals. the 34 right-hander is the leader with 123 nes 17 for 17 this season. in football, eric kerry returning to the practice field this morning less than eight months after a sudden cancer diagnosis. he was cleared by the kansas

city medical staff in his own doctors yesterday. there he was diagnosed with lymphoma last december. coming up, top executives at twitter said products need to be fixed. >> simply said the product remains too difficult to use. sandra: dow was at twitter's chief financial officer anthony noto. we will have the reasons behind the selloff. federal reserve chairman janet yellen facing difficult decisions releasing the latest statement on the u.s. economy later today. we will tell you three things you need to watch from the fed. checking in on u.s. stock index futures. dow futures up 41. you are watching "fbn:am," your first look at morning markets and breaking news. ♪

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sandra: breaking news this morning. chinese tax break in a three-day losing streak. and expands them at 3% this morning. a report for beijing. twitter stocks open slightly lower after the bike rope walking company said growth is stalling. a different story for mark zuckerburg and face the gabriel tell you about the expectations for the profit. investors waiting for the latest statement on the outlook for the u.s. economy and interest rates will tell you three things to watch. microsoft rolling out windows tend to millions of computers.

it is free, but do you really need it? checking u.s. stock markets ahead of the opening bell. dow futures up 51. good morning, everyone. i am sandra smith joined by transfixing nicole petallides peer bulk onto "fbn:am," latest breaking news and what to expect that they had. disappointing user growth tracking down company stocks. >> idol list of what went wrong with twitter. so many things going wrong. shares are slightly lower. stocks tumbled 13% after the company said yesterday the number of average users grew its slowest since it went public in 2013. the cfo anthony noto address the issue in this conference call with analysts. >> simply said that remains too difficult to use it as jack

mentioned, we need to simplify the product so far and can get value from twitter faster. do not communicate a wide nor make it easier for them to understand how to use twitter. this is a product issue and marketing issue. lauren: twitter reported better than second-quarter results and made adjusted profit of 7 cents per share. within $502 million. the company raised its full-year revenue guidance. a slew of analysts cutting price target. 3654 with the price target of $30 a couple executives bleeding. they really need to bring this to the mass market figure it out fast. somethings not right. they've got to work and change it. by% yesterday. investors paying close attention

to policy makers wrapping up their two-day meeting. lauren following the story. just looking at the bad watch, no chance of every type today. 17% chance in the next meeting and the first time we see a job over 50%. lauren: that might answer the question of two rate hikes this year. it is expected this afternoon. policymakers set the stage for a september hike which should be the first one in a decade. the progress and job market said janie galan has been out being say it's getting demonstrably closer to a more normal state. consumers at the liquor retail sales and what we are fighting, cars but not much else that the fed will continue to assess trends of the american household. if the fed policy statement is

approved by another tad-so, it would be the fifth unanimous decision in a row. sandra: lorin karnik thank you. let's get a closer look at the asia market with business reporter tracey chang who is live in beijing. tracey is a reporter for chinese state television. reporter: good morning, sandra. asian markets are mostly mixed today. like i said, volatility might be the new normal for chinese markets. nikkei composite surprised everybody by skyrocketing during the last hour of trade with 3.4% of telecom stocks all rallied by financial shares actually tumbled. hong kong markets rebounded about half a percent. investors still very conscious ahead of the fomc meeting. japanese shares lost one tenths of 1% despite a positively due to two very lackluster report

cards and a very weak retail sales data with investors confident, but index still outperform the blogger market. sandra: tracey chang, thank you. let's get you caught up in global markets this morning. take a look at europe with a lot of great areas there. game played by the ftse amount in half half of a percent. we've also got green areas. the demand earlier gains. dow futures up 49 points. a higher open is expected in the minnesota dentists. he deeply regrets killing a protected line and while he was on his hunting trip in zimbabwe. authorities identified 50 federal walter palmer as the american involved that killed cecil a well-known lion. last night jimmy kimmel got emotional as he weighed in on

this story. >> if you want to do something, make this into a positive, sorry -- sandra: palmer is sought on pushing charges. let's get a look here wednesday forecast, maria molina. reporter: good morning, sandra. see temperatures climb across part of the coast reaching the 90s in places like new york city, live across parts of the southeast. it will be another scorcher out there, very summerlike. what that means that they will feel very hot from parts of the gulf coast into the midsouth with heat index values rising into triple digits and because it up with a a number of heat advisories and some excessive heat warnings out there. another concern is its moving

eastward and will be firing up stores across parts of the gulf coast in the midwest and they will be threat for isolated severe weather. looking at damaging winds being the primary concern with isolated larger hail. otherwise the big story has been the ongoing rainfall to pummel central portions of florida still lingering out there and bringing in additional showers throughout the day today. let's head over to you. sandra: coming up, it is free, but is it any better? rolling out windows tend to millions of computers. watching the chinese stock market can give you whiplash. snapping back after a 3% gain over night. we will have the numbers and checking u.s. stock index futures, dow futures up 39 points. this is your first look at morning markets and breaking news. stay with us.

♪

tram to take a look at global market for smart initiative. mixed with the hang seng in

shanghai. again of more than 3%. and he can coast be down. and you're positive action with the ftse, cac dax trading higher. u.s. stock market futures pointed to a higher open led by gains in the dow. key commodities, oil and gold have been moving in opposite directions. now both to the downside, oil prices continued to slide below $48 a barrel. currency market action there. europe and u.k. up against the greenback. yield on the 10 year treasury is to kick off this wednesday morning at 2.26%. windows tend this out today and you could upgrade for free. will you want to? lauren, i challenge you. lauren: windows eight was a disaster. this is microsoft moving on after nine months of public beta testing you cannot for free if

you have windows seven or 8.1 on your pc. so far reviews are good. it is universal meaning to love on everything from your smartphone to xbox two laptop. microsoft brought back the one touch access to the main menu. there's built-in security said the new default browser identifies the website so technically you don't have to install additional security software. finally, she makes her appearance here, microsoft's virtual assistance. most of us use windows underwear pre-cr in our office. if you are seen talking to your computer in the office is supposed to attract a billion users in three years with this update. tpc momentum going. that is why it is free. by the way, when the stand will be the last number. after this is just windows.

lauren: if they skipped over nine. they want us as far away from it as possible. nicole: everybody worries about luscious hakkinen software so that's good. sandra: a quick update on twitter. the market up nearly 14%. a huge selloff after the stock was about 14% over the last three months. even top executives at twitter say their product needs to be fixed. >> simply said, the product remains too difficult to use. sandra: telestrator's chief financial officer anthony noto recognizing something wrong. continuing the free market trading session, we'll have the reasons behind the selloff. ceo mark zuckerburg power ranger is $100 a share. we will tell you what to look

for in facebook's earnings report out later today. here is your dow futures up 52 points this morning. you are watching "fbn:am," your first look at morning markets and breaking news. ♪

sandra: breaking news. china stocks breaking a three-day losing streak. bouncing back over 3% with a live report for beijing. twitter start opening sharply lower after the growth is stalling. a different story for mark zuckerburg. we'll tell you about great expectations for facebook profits. investors waiting for the latest statement on their outlook for the u.s. economy and interest

rates. microsoft rolling out windows tend to millions of computers. it is free, but do you really need it? a look at stock market futures ahead of the open this morning looking like we will see them open to the upside of dow futures up 47 points. good morning, everyone. i am sandra smith joined by lauren simonetti and nicole petallides. this is "fbn:am," the latest in what to expect that they had. china snapping a three-day losing streak with the shanghai index up 3% overnight. let's check the global market action in a shed. then they can coast be down. hang seng following the shanghai to cause it to the upside. in europe the ftse, cac and dax all up in london and stock market futures up across the board. futures up 36. s&p futures up five. disappointing user growth at twitter tracking down what the

company shares sharply. nicole: the revenue looked great, stock looking higher and the call comes and tells it like it is. twitter sharply lower. stocks tumbling more than 13%. it is never a monthly average user's purse is slowest pace since the ipo in 2013. here's a look yesterday. the bad 315363 looking at a loss of 12, 13, 14%. cfo anthony noto address the call. >> the product remains too difficult to use. as jack mentioned, and to simplify the product so if one can get tired from twitter faster. but not communicated by people should use twitter to make it easy for them to know how. nicole: executives leaving, all

this lack of user growth with better than good results. twitter made adjusted profit of 7 cents revenue more than $502 million in the full-year revenue guide. no talk of a new ceo. just to throw it in there, gallup closed yesterday at 3351. twenty-seven dollars range. they had a revenue forecast for the company. that is going to be to the downside. nicole: journalists have decided how to use twitter. there have been a problem hotties the general population, how they can use and why they can use it. sandra: that is the latest from twitter. fbi has its own concerns. fbi officials say twitter needs to do more to combat terrorism. the company needs to set up teams to monitor terrorist activity including tweets and

content. it needs to build up its budget for these teams and let them grow even bigger. the extra cost was burdened and pressure bottom line. investors pay close attention to the site today. policymakers wrap up their two-day meeting. moran is following the story. train for this economics or straight is expected at 2:00 eastern. policymakers that the stage for a hike in september which is the first in almost 10 years. chief janet galan relatively upbeat scene is getting demonstrably closer to a more normal state. we are buying cars but not much else that the fed will address the household and either dissenters out there? seeing something unusual the past couple years. if it is approved by tad-0 again, if it's unanimous

decision in a row. keep an eye on potential dissenters in what could be the president, jeffrey lacher. sandra: just quickly come you haven't seen a rate hike in decades. you've got to put the bullet back in the chamber in case things get worse. this is another reason why people look for a hike. sandra: good point. the probability of a first rate hike coming in december. the probability of 54%. investors care enough for the second-quarter earnings later today. nicole, you are watching out for us. nicole: this is going to be a different story. while still looking for stronger numbers from facebook, social media giant has her jumper tom for advertising over the past year in the lucrative ad market analysts drive quarterly results. facebook with a profit of 47 cents per share, 5 cents more a year ago.

from 2.9 billion, keep an eye in the stock's reaction. shares of face that gained 15% of the past events. by the way, market cap is in the top 10 in the s&p 500, bigger than procter & gamble close to 100 bucks a share, certainly betting to do one is going to the upside. lauren: is all about vocal. they've outperformed their advertising revenues. but it is to the way youtube as it it certainly would be a home run. sandra: by the way by the they come in a sock in the premarket session is higher. new york city mayor bill deblasio calling on president obama and congress to rescue puerto rico and urge them to fall. washington needs to get involved. >> let's be clear, it is the federal government's obligation to act because they can't stand idly by as much puerto rico failed, especially because of

circumstances so much to do with decisions previously made by the federal government. sandra: deblasio and others: congress to pass legislation to grant puerto rico chapter nine bankruptcy option and impose austerity. the council speaker has characterized the hedge funds to hold much of the commonwealth that has soldiers beating up the mr. puerto rico because the funds what cuts and pork or radio spending including public education. nfl players association issuing a statement saying it will appeal the lake's decision on tom brady's four-game suspension. it was upheld by commissioner roger cabal yesterday. sportscaster and fox news contributor strongly disagrees with the decision. >> this is by far and away the most ridiculous, the stupidest, the dumbest thing the national football league has ever, ever decided to be involved in. the whole thing is a shame and a

sham and it is so unfortunate and beyond wrong but it comes out with this outcome. sandra: tell us how you really feel. brady has denied knowingly deflated footballs in the game. republican lawmakers set to grow irs commissioner john koskinen during a mission table measure reforms as the targeting of conservative groups. that said the scandal will have their say as some key republicans call on president obama to remove the irs chief. ted cruz will preside over today's hearing. secretary of state john kerry pitching the nuclear deal with iran to congress. >> so when the real world, we have two options. either we move ahead with the agreement to ensure iran's nuclear program is limited, rigorously scrutinized and wholly peaceful or we have no agreement at all.

no inspections, no restraints, no sanctions, no knowledge of what they are doing and they start to enrich. sandra: lawmakers vote to prevent president obama from lifting sanctions against iran. the president has threatened to veto. fox news lowers the threshold a lawnmower pulling candidates to participate in this august 6 broadcast. the requirement of participants reaching 1% in poland and allows all 16 announced republican candidates to participate in the debate. the 9:00 p.m. debate require mac remains the same and will only include the 10 10 candidates for the highest average in national polls as determined by fox news. watch the debate on the fox news channel. a minnesota dentist said he deeply regrets killing a protected lion while one is hunting trip in zimbabwe. authorities identified 55 grilled walter palmer as the

american involved in a hunt to kill cecil, a well-known land was part of a study. last night jimmy kimmel got emotional as he waited on the story. >> if you want to do something, if you want to make this into a positive, you can -- sorry. sandra: feeling very passionate. asking viewers to donate to the wildlife conservation unit that was tracking the soul. walter palmer is caught on poaching charges. a blowout for the new york yankees. >> 15 runs on the floor and we are only in the third. sandra: we'll have highlights with 21 unanswered runs. in the market, cheney's tax snapping back. they rose over 3%. we will have the numbers and checking u.s. stock market futures up 40 points, s&p up 4.5, nasdaq up 10. you're watching "fbn:am," your first look at on the market and

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>> stephen hawking and elon musk issuing a warning i can understand. apple founder steve was the outcome of this is the guy of going to listen to about the future, the dude who sold his apple stock in 1985? yeah, you're really good at predicting what is going to happen in the future. sandra: that was the late late show james gordon on stephen

hawking and james musk -- let's look at global market action on this wednesday morning. you've got the shanghai composite air snapping back more than 3% for the next action in asia. meanwhile, europe stocks turned in to the upside the daytrading mud dyed ftse in london of 37-point. u.s. stock market futures pointed to a higher up in this morning. dow futures up 44, s&p futures up five, nasdaq up 11. hillary clinton reportedly closed part of the new york apartment stored for her 600-dollar haircut. didier post reports that former secretary of state and her group were seen entering the building, her entourage before heading for the explicit john barrett salon. come on, hillary.

turning to sports, after giving up five runs, thank yankees chag back in a hurry with an 11 run second inning. the most runs scored by any team in the season. the fourth career grand slam in the third. philadelphia phillies standing the 34-year-old right-hander with 123 in chances this season. correct barry returning to the practice field this morning. less than eight months after his stunning cancer diagnosis. he was cleared by the kansas city medical staff and a stock is yesterday. before you head out the door this morning let's get a look at your local forecast. let's say across the country.

everybody wants to know if it's again another hot day. reporter: good morning, sandra. another hot button across local interest and taxes the east coast. you see temperatures in the 90s and triple digit for some of you. you have a lot of a lot of humidity in some of these areas when you combine that with the actual temperatures on thermometers come you start to feel hotter. heat index values in the triple digits and because of that we have a number of heat advisories in effect an excessive heat organs from florida to missouri, southern parts of eleanor appeared to forecast remained tied across areas in the east as we head into the next few days. otherwise the storm forecaster midwest of the gulf coast and some of them had a chance of producing severe weather in the form of damaging winds and isolated hail. over to you, sandra. >> we've got breaking news just cost him this morning and afghan

officials says they will be holding a news conference on the subject of talented leader mullah omar amid rumors of his death. that's breaking right now. more on that this morning develops. little run down global market action before we handed over to maria bartiromo. stay with us. when broker chris hill stays at laquinta and fires up free wi-fi, with a network that's now up to 5 times faster than before you know what he can do? let's see if he's ready.

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maria: here's a final look of market this morning before we handed over to maria. dow futures at 41, nasdaq futures pointed to a higher open. a look at key commodity prices which continue to see selling this morning. oil prices below 40 bucks. gold prices continued down 12 of the last 14 sessions. a big day coming out. not time for maria bartiromo with morning to the rear.

maria: thank you so much. see you in an hour. happy wednesday. it is wednesday, july 29th. with me, fox businesses dagen mcdowell and mark luchini. first, tom brady stopping headlines. roger caddell uploaded his four-game suspension of the superstar quarterback for steroid use appears as the closeness to the alleged infraction of deflating footballs, sending his agents say the nfl has no proof of. keep an eye on twitter stocks this morning. the social media giant beat expectations at the outlet for user growth. >> simply had come of the remains too difficult to use. >> twitter finance chief anthony noto saying he does not expect any meaningful growth in the size of twitter's audience were a considerable amount of time.

brave reviews with windows 10 running traditional desktop apps as well as universal apps downloaded from the windows store. critics are porting some buzz of the system but the start menu is hailed as a big win. vice president of windows for devices at the 8:00 a.m. eastern hour. stay with us as we take a look at futures trade u.s. stocks opened higher this morning. expect in a firmer start to the broader averages. ohio congressman john boehner facing a challenge to his role as speaker of the house. north carolina congressman. north carolina congressman mark that is. north carolina congressman mark meadows. north carolina congressman mark that is putting out a motion to vacate the speaker shared by offering the motion then executing it, meta-says is offering the top. the motion to vacate the chair has not been exercised in a century. american dennis under huge criticism for killing a beloved lion