tv FBN AM FOX Business August 13, 2015 5:00am-6:01am EDT
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sandra: breaking news this morning. a source tells fox news the state department may be stonewalling on handing over hillary clinton's e-mails. we will have the exclusive story. a massive exclusion leads 44 people dead in northern china overnight. or the third day in a row the chinese currency is devalued leaving investors thinking the turmoil in china will delay a fed rate hike. donald trump weighed in on china. we'll have the latest. u.s. stock futures this morning. you are looking at the data 32 points, great mayors across the board. more on that in a day.
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i am sandra smith joined by trend six and nicole petallides. you are watching "fbn:am," what to expect that they had. fox has learned the director of national intelligence is concerned about the state department's unwillingness to turn over hillary clinton's e-mails. the inspector general's office tried to look into whether sensitive information was included in those e-mails. the case draws strong criticism from a republican candidate. >> you hillary clinton has the secretary of state dealing with confidential information was classified information thinking her server with a safer than state department's firewalls. >> the actions of the u.s. justice department is highly likely it was top secret information in these e-mails. sandra: made by the clinton
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campaign assuring classified materials over the private server. former president jimmy carter suffering from cancer. mr. carter said his recent liver surgery reveals he has cancer that has spread to other parts of his body. the 39th president is 90 years old. he said additional information will be released with more facts are known. mr. carter has an extensive history of cancer. his father and siblings all died of pancreatic cancer. a powerful truck bomb ripping through popular food market in central baghdad killing 54 people and wounding more than 80 others. residents of the shiite neighborhood rushing to the market to help the dems. no one immediately claimed responsibility for the attack. in china, massive explosions in the port city killed at least 44 people including 12 firefighters and injured 500 others in the
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city's warehouse district. officials say dozens are in serious condition and there's no word yet on what caused the explosion. these are live pictures you see in the port city. in china this morning following explosions tianjin, live photos communist china continues to react. for the third day in a row, china has devalued its currency so it has the recent turmoil with a wrench in the federal reserve plans to raise interest rates as soon as it number. everybody talking about this this morning. jenna gallen and the team are paying attention. fed watchers to raise rates next month to china's no-space the to devalue its currency could push that back to later this year. fed fund futures affect to believe that a non-win a fed rate hike will happen have fallen from a 54% chance of
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september rate hike now down to 39% in a few days. new york fed president william dudley says while the devaluation has huge implications to the world economy, the u.s. appears on track to raise rates in the future. china also want donald trump's mind. republican presidential candidate wayne in a china's currency intervention last night on lou dobbs. >> it's impossible for companies within the united states to compete with this kind of currency devaluation. it is a serious problem and we do nothing about it. nicole: trump adding that it's impossible to compete with the currency devaluation. the obama administration doing nothing about it. overall though we did see was a selloff on wall street to our u.s. treasury market on the move yesterday and we will watch the
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big players. autos, luxury makers, raw materials. number one front and center we talked about this yesterday with the rate hike. >> us to watch markets this morning, looking at asian markets close higher after beijing devalued a third day in a row now. you can see markets bouncing back to shanghai in one and three quarters of a percent good some relief as he wrote the cac in france leading to the upside nearly 2%. u.s. stock index futures after seeing the s&p 500 turned negative for 2015. the leader is the nasdaq right now. a check on consumer spending this morning. lauren has a preview of retail sales. by the way, a huge story in the chinese currency devaluation because luxury retailers have really been one of the victims.
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lauren: tiffany and the like hard. this story, to reach story, the reach of this story ties in with what you were just talking about. obviously watching china but also retail sales right here at home, looking for evidence or economy is getting stronger and consumers are participating. a sales report due before the market opens. expect retail sales to show aside half a percent gain in july. remember they fell in june. that could turn up talk for a september rate hike at the fed agrees we are doing better than they could absolutely raise rates. they listed start spending money. they send the kids back to school. gas prices still cheap. job market getting better arguably. amazon has their prime to a sales event. july 15th when amazon sold 398 items per second. what did you buy?
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two retailers open their books today. closes out with quarterly numbers this morning. nordstrom right after the close. sandra: very good stuff. lauren, thank you that vice president joe biden given the strongest of the yankees actively making a run at the white house. mr. biden using part of his vacation in south carolina this week to sound out friends and families. he is asking political allies for it by sending gauging the strength of the clinton campaign. mr. biden expected to announce his decision next month. republican presidential candidate and carson laying out his tax plan in an interview with stuart varney theme is based on typing. >> you make $10 million company paid billions. make $10, you pay one. i will get rid of all the deductions and loopholes. here is the key.
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they put at the guy who put in a billion dollars and say he's still got $9 billion last. that is not fair. we need more of his money. that is called socialism. sandra: meanwhile, a cnn poll of republican voters finds dr. carson is in second place behind donald trump. shares of cisco systems probably 4% in extended trading after the latest results topped expect patience. the new ceo chuck robbins also says the company's rebound remains on track good news corp. shares trading higher after the bell yesterday. the media companies adjusted earnings beat the estimates helped by cost caused in its news and information service business that includes dow jones and "the wall street journal." head of the environmental protection agency visiting colorado to see the impact of the massive mining waste bill and epa supervised cleanup crew accidentally on latest
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3 million gallons of wastewater from an old mind last week. >> epa's mission is to protect public health and the environment. no agency could you more upset about the incident happening or more dedicated in terms of doing our job in getting this right. we couldn't be more sorry. train to the epa chief also says tests show the river is ours during the south. she plans to visit new mexico address the agency users on in the state later today. the latest victim of deflategate. a courtroom sketch artist has to apologize to new england quarterback tom brady. get ready for some golf. >> it's major championship ready. they are as healthy as i've seen in a long time and they putted extremely well. i think we are all very, very excited. train to get islam.
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pga championship gets under way this morning. jordan speith and attend back in action. we will have a preview of that. stock index futures here about the opening bout. dow futures up 42 points after the big selloff yesterday. s&p went negative for the year. you are botching "fbn:am," your first look at morning markets and breaking news. ♪
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led by gains in france with gains of nearly 2% they are in u.s. stock market futures looking like this right now. dow futures up 34 points. some relief after heavy selling yesterday. commodities prices, split action, oil moving higher, gold moving lower by $7. currency markets mixed as well to the downside against the greenback, the euro currency right now down. yield on the tenure at 2.15%. a well-meaning courtroom sketch artist is taking some heat for her rendering of tom brady at yesterday's deflategate hearing. jane rosenberg said fans don't think she did him justice and she is sorry about it. >> i may not have made in luck as handsome as he really is and i apologize to the fans for that. generic, chiseled, perfect. everything semester away it should be.
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he's got beautiful shape guys and all that. he's a very good-looking guy. sandra: rosenberg will get another shot when brady is expected back in court. they said he looks like et. she said he never looked to. in other sports, the yankees sun continues. they fell out of the league and i've been there for the two to one decision to the indians. the 10th straight win to take over first i have came. baseball history in seattle. it's not cheaper what could the mariners three do nothing. he struck out seven and walked three as the only japanese born pitcher to accomplish the feat. and here we go. and g-golf there are printing of storylines as the pga championship tees off this
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morning. the real matchup kicks off this afternoon. jordan spieth will attempt to win his third major tournament this year at a tournament that has not been kind to him, having failed to make the cut the previous two years. rory mcilroy returns to action carrots up with jordan spieth to defend his title at number one ranking. he has missed the return of due to an ankle injury he suffered playing soccer. that is going to be good tv. donald trump weighs on china's currency devaluation. >> it is impossible for united states companies, for companies within the united states to come to you but this currency devaluation. it is a serious problem and we do nothing about it. true into china devalues its currency for third day of the markets appear to be less anxious. now we will have this array. check out this 9/11.
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g-golf, porsche, the last are custom made for actor steve mcqueen and is on the auction block. we will tell you how much you have to pay if you want to pony up. checking in on stock index futures. dow up 28 points across the board, possibly a higher open. you are watching "fbn:am," your first look at morning markets and breaking news. ♪ when broker chris hill stays at laquinta he fires up the free wifi, with a network that's now up to 5 times faster than before! so he can rapidly prepare his presentation. and when he perfects his pitch, do you know what chris can do? and that is my recommendation. let's see if he's ready. he can swim with the sharks!
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it's our promise to you. we're doing everything we can to give you the best experience possible. because we should fit into your life. not the other way around. sandra: breaking news this morning. the state department may be stonewalling on handing over hillary clinton's e-mails. we will have the exclusive story. a massive explosion in china
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overnight. solutions they are leaving at least 44 people dead. we will have the latest on the story. for the third day in a row, the chinese currency devalued leading some investors think in the turmoil china will play a set rate hike. donald trump weighs in on china as well. we will have the story. checking the stock market futures at the opening bell this morning bouncing back from yesterdays heavy selling. the dow up 23. i am sandra smith joined by lauren simonetti and nicole petallides. welcome to train a coming your first look at the latest breaking news and what to expect for the day ahead. new developments in the clinton e-mail scandal. fox has learned the director of national intelligence is concerned about the state department's unwillingness to turn over hillary clinton's e-mails as the intelligence community inspector general's office tries to look into whether sensitive information
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was included in those e-mails. the case drew strong criticism from republican presidential candidates. >> you have hillary clinton who is the secretary of state dealing with confidential information, with classified information, thinking it was okay to use a private server and that her server would be safer than the state department firewalls. >> we know the actions taking place and it's highly likely they were top-secret information in the e-mail spirit sandra: meanwhile, the clinton campaign is assuring supporters she did not send any classified materials over her private server. former president jimmy carter suffering from cancer. recent liver surgery has revealed yesterday and are spread to other parts of his body. the 39th president is 90 years old and has additional information will be released when more facts are known. mr. carter has an extensive family history of cancer.
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his father and three siblings all died of pancreatic cancer. in china, massive explosions in the port city of p. on june. -- t. on june. clearly images as the scene played out in china industrial area. the blast killed at least 44 people including 12 firefighters and injured more than 500 others in the city's warehouse district. others say dozens are in serious condition. there is no word yet on what caused these explosions. you are looking at live pictures in tianjin, china. again, industrial area where the shockwaves people on the ground for five kilometers away. presidents talking about their buildings shaking, windows shattering. an unbelievable scene.
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lauren: looking at the pictures on social media, you can see the debris covering people and cars, an amazing situation to watch, such a tragedy. a mushroom cloud in the sky right there is this pictures come to us live. sandra: the extent of the damage still becoming clear is to look at live pictures of the smoke still reaching the sky as we watch that play out. for the third day in a row, china has devalued its currency. this is moving markets again this morning. has the recent turmoil thrown a wrench in the federal reserve plan to raise interest rates as soon as september? nicole: this story is roiling our market. heavy trading volume. yesterday the s&p down 1.5% and it was positive. we haven't seen a move like that in almost four years. now we are talking about fed watchers and we're expect and it might be in september but
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china's move this week to devalue the currency could push it back later this year. fed futures betting on when the rate hike will actually happen have fallen from a 54% chance of a september rate hike down to 39%. then there's new york fed president wayne dudley says while the devaluation has huge and occasions to the world economy, the u.s. appears on track to raise rates in the future. china was also one donald trump's mind. you know you hear what he is thinking. the republican presidential candidate wayne and must make on lou dobbs tonight. >> they are doing it because they feel obama is either not watching the shape and competent for whatever reason they did it, people were shocked at the size of it. what it means is they will take more jobs and more money out of the united states. it is as simple as that.
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sandra: trump adding it is impossible for u.s. companies to compete with the devaluation and the obama administration is doing nothing about it. there's going to be a meeting between president obama and the president of china and they will figure this out as well because the currency were skipped in the appendage for the export and that is the whole thing. lauren: china has to protect their own economy, which is what they're doing. their battles are markets that time. if the fed hikes in september the chances are going down for that. they were totally dismantle the markets were rattled them. sandra: had a conversation on the new york stock exchange talking about what we've seen in china and he says what is it really masking? a weak export, slower growth in the big picture everyone was depending on is ultimately slow down. let's get more on this move in beijing. asian markets ended the day higher for the market wrap. we go to business rachel ruble
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live in beijing. good morning to you, rachel. reporter: good morning, sandra. the winning side of things for a change after china downplayed the evaluation for the thursday of the road. initially confused by that and the shanghai composite between gains and losses on items throughout the day before closing positive territory. recovering a bit from yesterday's five-week low wages the shares of 7% after it missed quarterly revenue targets and announced plans to have 3200 people. japan's nikkei started off as a lower on the hopes that those weaker yuan in japan and the south korean costs be also recovered earlier weakness to close in positive territory. tree into rachel, thank you. getting you caught up as we continue to see the play out in
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europe. europe trading higher this morning. pretty good teams to report. the cac in france of 1.7%. germany seen a 1.5% gain in u.s. stock index futures game as well. not as big dow futures up 19 points. the last car special ordered by steve mcqueen set to go on the auction block at the legendary actor 1976 turbo carrera will cut the auction block in california this saturday. the car has been built as a one-of-a-kind porsche with original parts and custom features selected by mcqueen. what are we talking pricewise here? about a million bucks. still love it. great car. before you head out the door, let's get a look at your thursday forecast is fox meteorologist maria molina.
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it looks like a beautiful day out there. reporter: yeah, that is right. especially to the east, sunshine, pleasant temperatures and lower humidity behind the system to the east coast a few days ago. i want to take you further west across parts of the northern plains and western portions of the great lakes region. you will see storms and some of them potentially producing damaging winds down here. of course a close watch on that and eventually moving into parts of the pacific northwest to bring storms tomorrow at otherwise we have an elevated danger and plays with strong gusty winds in place as well as low humidity. red flag warnings and fire weather watch is in effect. sandra: maria, thank you. goldman sachs secret bosses helped him make billions of dollars. goldman will share its secret sauce with it clients. nicole has that dori. nicole: you get the tools.
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trained to let's say you caught up in global market action. asian markets higher to beijing valued the china's current date. this is the third day in the road we seen this minute. seen this myth. your scenes that release and there. shanghai at 2%. european markets strong as well. here at home watching the stock index futures trading higher. dow futures up 21 watching the broader market s&p 500 is up this morning. midday trading yesterday is still close higher for the year yesterday but everybody watching that your commodities right now with oil moving to the upside of a gold with six and a half dollars. some next action committee u.k. against the greenback otherwise most global current user showing weakness against the u.s. dollar
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and you have to give them the tenure 2.15%. goldman sachs getting ready to give away some of that secret sauce behind its trading ideas. i imagine like the retail investors kind of salivate is meant for the big institutional hedge funds. >> absolutely right. much better than the secret sauce that mcdonald's. "the wall street journal" will soon offer clients to more of its in-house tools such as high-powered databases that analyze markets and also the newspapers saying these proprietary systems have long been the key elements that have allowed the investment banks to allow the turmoil and scored those big profits as well. the big money managers will use those applications and then develop strategies and execute trades. the idea behind it with a new
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technology to try and get these guys to use these apps and bring in more business. they have more regulation that cuts into profits. more electronic trading cuts into profits. one of the guy says this is the way of the future. this is what the wall street firms need to do to reinvent themselves. the new rules and regulations on wall street have change the way these firms profit and limit profitability. at another going to give away the secret ties. >> show as they sat a little something. coming up, donald trump weighs in on china's currency valuation. >> it is impossible for the united states companies, for companies within the united states to compete the currency devaluation and it's a serious
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problem we do nothing about it. china does to value the third day in a row. the statement now stonewalling handling hillary clinton females. we will have a fox exclusive when we come back. everybody talking about that. u.s. stock futures with green arrows at a higher rope and a few hours or not dow futures up 21. you are watching "fbn:am." this is your first look at morning markets in breaking news. ♪
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hillary clinton females. we will have the exclusive story and a massive explosion in china overnight. leaving at least 44 people dead, we will have the latest on this story. for the third day in the row, the chinese currency is devalued, but in some investors making the turmoil in china with the federal reserve rate hike at donald trump weighs in on china. checking u.s. stock market futures ahead of the opening bell. right now pointing to a higher open with about 22. i am sandra smith joined by lauren simonetti and nicole petallides. welcome to "fbn:am." this is your first look at today's market, the latest breaking news in what to expect the day ahead. new developments in the e-mail scandal. the director of national intelligence is concerned about the state department's unwillingness to turn over hillary clinton's e-mail.
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to assess the intelligence community inspector general's office tried to look into whether sensitive information was included in thoses.thcaed nm ubnesti thonntno,nta kitasyus private server, thinking her server would be safer than the state department's firewalls? >> we now know what's taken place at the u.s. justice department is highly likely there is top-secret information and e-mails. sandra: name of the clinton campaign is assuring supporters she did not send any classified information over the private server. in china, massive explosions in the port city of tianjin. the blast killed at least 44
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people including 12 fi district. officials say dozens are in serious condition. no word yet on what caused the explosion. we are looking at live pictures by the way now as we do see the scene play out. still seeing plumes of smoke, great thick clouds of smoke reaching the sky. the initial explosion directed many warehouse in an industrial area of the port city. again, live pictures there. >> pc does not work hours and hours i've been looking for social media. pictures of parking lots and cars earned. everything destroyed. >> also saw people sitting outside the hospital. they are covered with raps on certain areas, injured from the blast waiting to get in there. they put the people under and
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they were injured and killed. the state run news agent the reported explosion warehouse restoring dangerous chemical goods. lauren: chemical contamination is something they have to watch. train to carry the pictures tianjin, china. a third dinner at third dinner of china has to valued currency. as the recent turmoil thrown a wrench into the federal reserve's planned to raise interest rates as soon as september? nicole, things change in on the front. nicole: u.s. lawmakers are not happy. the fed watchers expecting the fed would raise rates next month in september. china's move to devalue currency could actually push that back later in the year. fed fund futures, traders looking for the hike to actually happen. those odds have fallen from 54%
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now down to 39% the last few days. and then there's new york fed resident william dudley saying the devaluation has huge implications for the world economy and the u.s. appears on track to raise rates in the near future. china was also on mr. donald trump's mind. republican presidential candidate waiting in a china's currency gym last night. >> they are doing it because they feel obama is either not watching the ship and competent for whatever reason and people were shocked at the size of it. what it means there's more jobs and more money out of the united states. it's as simple as that. sandra: trump added it's impossible to compete with the currency devaluation in the obama administration is doing nothing about it. we know so many u.s. companies
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we talked about qualcomm and sky works at apple in so many companies doing business at disadvantage and so overall both parts not happy about what they are singing. sandra: trump has been on not one for a long time. he can claim he didn't just jump on. he's been talking about that for some time. as they look at trading over in asia, markets closing higher after beijing was to devalue the chinese currency for a third straight day. in europe, stocks angry embarrassed while that takings in france of 1.6% gain on the cac. u.s. stock market futures looking like this right now. still searching for direction in early morning trade. we will get a check of consumer spending later this morning. retail sales for july. it was a good weather month. does not name --
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lauren: parents get kids ready for school and amazon prime day in the middle of month. is the economy doing better and are we spending more money? retail sales report is due out an hour before the market opens. looking for retail sales to drop half of 1% in july. they fell in june. certainly report the federal reserve is watching. are they going to raise interest rates as early as next month? we will see. what you want to watch in this report is are they opening their wallets or are they saving are paying off debt? kids going back to school, job market improving and of course prime day. amazon sold like 400 items per second. that will factor into this report believe it or not. two retailers opening books on their retailers today. polls out with their numbers are for the market opens and nordstrom on the markets. sandra: they are so fragile,
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just trying to get ahead of everything. we've seen inflation in health care costs on the rise. the department stores are not supposed to do particularly well. lauren: and serve glad you said that. rants historically high rate now. the disconnect with the problem of the economy and this is what the fed has to figure out. sandra: coming up, the latest victim of deflate kate. a courtroom sketch artist has to apologize now to new england quarterback tom brady. he's known for his looks but maybe not right now. we will have the sad story. get ready for some golf. >> the greens are as healthy as i have seen in a long time and they putted extremely well. we are all very excited. >> this is a match if i can operate to see.
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janet yellen against jordan spieth. going for the third major of the year. rory mcilroy back in it. they tee off this afternoon. checking u.s. stock index futures right now 26 points on the dow. s&p up three, nasdaq futures upsetting. you are watching "fbn:am," your first look at morning market in breaking news. ♪
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picture that's not the most flattering, tom brady will not like this not like this one. a well-known sketch artist is taken then he. how can you mess them up? jane rosenberg says fans don't think she did him any justice. she says she is sorry. >> i may not make them look as handsome as he is and i apologize to the fans for that. generic, chiseled, perfect, everything so much are they should be. he's got beautiful shape guys in got beautiful shaped eyes and blue eyes and all that. it's a very good-looking guy. sandra: she maybe was not looking at the drawing. rosenberg will get another shot. he's expected back in court. that's not the man i married. turning to other sports this morning, i'm all excited about this one in golf. the pga championship gets
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underway a couple hours from now. 79 will attempt to win his third major tournament of the year. these on a winning streak. his number one ranking threatened. he's missed return is due to the ankle injury he suffered while playing soccer with his studies. in baseball, the yankees continue your debt now fallen out of first place in the american league east. they have been there since july july 2nd. new york lost the two to one decision to the indians. baseball history in seattle. he struck out seven and walked three and became the second japanese pictures to accomplish the feat. check this out. brewers ryan braun followed one up. anthony reyes out jumped on into
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maria: sandra: a final look at global markets before we handed to maria. in europe, green arrow says well that again sun is cac and france. 2% in trading. u.s. stock market futures also pointed to a higher open on wall street a few hours or not dow futures up 24 points. s&p up three. this after yesterday turning negative for the year in midday trading in closing higher,
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maria. good morning, big day for markets. i will handed over to you. maria: thank you so much. good morning, everybody. thursday, august 13th at 6:00 a.m. on the east coast. with me this hour is jo ling kent, john talabani and todd horvitz of average joe options. pln tcity of tianjin. it happened that one of the dangerous material warehouses here this is an industrial warehouse. at least 42 people have died in more than 400 injured. here is what it sounded like tucson using their phones to roll video on this. incredible, scary visuals. more than 1000 firefighters brought in to fight this fire.
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the chinese president calling for an all-out effort to save survivors. promising a thorough and transparent investigation on what went wrong. more on this coming up in a moment. the and china closed higher. the shanghai composite of 68 points, 1.7% higher as the government stepped in to devalue the currency. three straight days of devaluing the currency in china. future is looking flat right now. we are expecting to gain gop trading. the big number to watch as the retail sales number to set the tone for investors here. 8:30 a.m. eastern with an increase of .5% for the month of july. 0.3% in the month of june. when he took out other retail sales expected to come in a four tens
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