into breaking news this morning is the easy money era over? the federal reserve's open to today mean that could result in the first hike in short-term interest rates since 2006. good morning and nicole petallides. lauren: and i am lauren simonetti. here we go. but officials still divided with the u.s. economy improving the recent turmoil in the global markets causing officials to think about a rate hike. how are u.s. stock market futures trading ahead of the opening bell on this big day? the downside 15 points fractionally percentagewise. nasdaq down the same.

nicole: asian stocks ahead of the fed may be met by the shanghai composite index. 4.9% after two days of sailing. the biggest sale of bounces back and follows the u.s. markets all for that higher. lauren: in europe opening higher as well. cac in paris of more than 1%. ftse up by 36 points. nicole: one of the reason we see a lot of out there is this oil. 4553 but the trend here to transport oil prices also moving to the upside. tree into taking a look at how the dollar is trading against the currencies weaker against the u.s. dollar. the pound, canadian dollar, mexican peso and japanese yen stronger. nicole petallides if you look at the yield on the ten-year treasury right now, 2.27%.

what we saw in the market was unbelievable. the fifth highest level since april 2011. nicole: good morning and welcome to "fbn:am," your first look at today's market, the latest breaking news and what to expect from the day ahead and in this case watching the fed very closely. lauren: obviously close anticipating the start of the key meeting today with analysts completely divided over whether fed policymakers will do. simply the fed will raise rates for the job market and a growing u.s. economy. others think it will not pull the trigger due to concern over low inflation and the impact on fragile emerging markets. central bank or get a look at inflation on the consumer level as its policy meeting begins. there doesn't appear to be much evidence of inflation in the u.s. economy. economists are looking for no change in the index for august

compared to the prior month. the core rate takes up the volatile food and energy sectors only expected to rise a 10th of 1%. besides the interest rate decision, the fed will release the economic projections. nicole: lauren, i've been sending this to traders and guys who work with closely. the chief investment strategist just thought we put up what he was saying. if we could renowned up again. we've been talking with him. he said the body language as they are going to raise rates this week. lauren: but it's been a mixed bag depending who you ask. for every analyst who says they are hiking, another says they are pulling off the band-aid just yet. nicole: goldman sachs saying that more towards december you talk about the inflation picture. the labor market continuing to

improve. steven boylan the value execution services says something about zero never should have been this low. we are getting some different comments. a day ahead of the second gop presidential debate, donald trump aboard the uss iowa calling for expansion in the u.s. armed forces. >> we will be building up our military. we will make our military so big and so strong and so great. [cheers and applause] and it will be so powerful that i don't think we are ever going to have to use it. nobody is going to mess with us. nicole: talking tough. shortly after the speech, bobby jindal slamming trump with this video on his histogram account. ♪

instead program account. ♪ >> there's nobody bigger or better than im. ♪ nicole: you got to see that. social media has been such a big part of this presidential election for sure. meanwhile the wave of criticism continues after trump insults the physical experience of his rival on the kelley filed last night. >> donald trump says all kinds of things. i don't worry much about what donald trump says. i'm talking with voters every day. this is entertainment although it's obviously entertaining to people but these are serious times. tree into the republican debate will be held at the ronald reagan presidential library in california tonight. lauren: cnn handling the debates

as they want to get candidates really debating. hewlett-packard is handing out another 30,000 pink slip laying off 10% of the workforce. $2.7 billion will largely affect the enterprise services businesses. hp is leading to companies in november. the enterprise will handle the stock with a cybersecurity, cloud technology in hp's other business will handle the pcs and printers. the latest job cuts on top of 55,000 workers hp laid out this part of a restructuring that began three years ago. separately, general electric will move 500 jobs overseas out of the u.s. because congress did not renew a government program that allows foreign companies to borrow money to buy u.s. products. watch bowling in some of the other big names. nicole: those are some of the big ones.

investors look at earnings from two familiar companies today. fedex will report before the opening bell. but the leveraging of all reported profit of $2.46 per share on revenue of $12.3 billion we should be higher year-over-year. investors looking for more clarity from fedex on how plans to handle the soaring number of packages this holiday season. we heard yesterday from ups and they would hire 95,000 workers. fedex has announced shipping rates at the start of 2016. rates will increase an average of over .9%. oracle expected to post year-over-year declines in earnings and sales after the closing bell in the database software shifting business to the cloud where services are available on a subscription basis. one other piece of corporate news is microsoft taking its quarterly dividend by 16%.

stuart varney, i hope you are watching. you know stuart varney so well from "varney & company" and he is a microsoft shareholder. lauren: the focus will turn back after we get through the fed decision. united auto workers union and the chrysler have reached a tentative deal for about 40,000 u.s. workers. sources told "the wall street journal" the agreement will remove a two-tier wage system for the new hires make less money than their more experienced coworkers. the proposed deal will serve as a template for general motors and ford. obviously they are bigger than fiat chrysler. 45% are making entry-level wages and that is something they been complaining about. w-whiskey was going on. asian stocks all out there is a 4.9%, hang seng 2.4%, became 1%

of the costs via 2% on the heels of two days of selling the shanghai composite index. lauren: i love the word, nicole. ftse up two thirds of 1%. cac in paris gaining one and a 3% and attacks in germany have three quarters of 1%. nicole: became over 1%. we are seeing the unchanged way. the dow futures unchanged literally while the s&p is down one, gnostic apostle one point. this is what you usually see as we wait for the fed to state. commodities trading with the up arrow for oil. 45.44 and called at 11.07 announced. a strong dollar against the euro has been the story we follow throughout this whole week. but that is what we've been seeing. u.k.pound, canadian dollar and yen stronger against the

greenback. lauren: a lot of moose in the bond market may need like how it responds right now. a search on her way after devastating floods in utah. four people killed, three are missing the zion national park. the victims were hikers trapped in a canyon. a tragedy in the nearby town with floodwaters sweeping away of their suv carrying three women and 13 children. only three children rescued. >> there were three that survive. they found the boy down in the creek walking around in two other ones have got none of the vehicle somehow. lauren: tragic. authorities say that dems were stopped at a flooded crossing and they got out to watch the raging waters. nicole: per the second time, democrats blocked the measure that fell short of the 60 votes it needed yesterday. that was the same result last

thursday. majority leader mitch mcconnell said democratic leaders don't want it to come to a vote. >> when i strong bipartisan majority of the senate would vote in the democratic leaders are determined to do anything make you because democrats note that you is indefensible. nicole: republicans stage the senate vote in future senate races. lauren: what are the chinese doing with the information they had from our companies? soft news has learned the chinese government is complying personal data stolen during several high-profile data breaches in the u.s. demetria parra versus the chinese government is creating a facebook network to use as blackmail to force people to work with them for espionage purposes. the u.s. office of personnel

management and the blue cross blue shield health insurance network. nicole: i remember them well and compromising personal information is one of the most scary concepts. everybody shredding papers regarding computers come a cyberhacks and the like. coming up in baseball. in texas the rangers moved ahead of the astros. details on that and other key games coming out. apple ceo tim cook stops by the late show with stephen colbert. >> travis calla neck who is the ceo of uber. he said apple is working on a driverless car. you guys are big on secrets. tell me about it. [laughter] nicole: will have the latest on what is next for the tech giant. you are watching "fbn:am," your first look at morning markets and breaking news.

♪

announcer: you taught him how to hit a baseball. how to hit a receiver. the strike zone. the net. you taught him how to hit the upper corner.

you even taught him how to hit the open man. but how much time have you spent teaching him... what not to hit? >> the iphone six s. that is a big new one right here. there is no new charger, right? because we will stab you in the neck with a fondue fork. nicole: tim cook talking about the iphone six as with stephen colbert last night. they discussed the 3-d technology my photos. they shed about 1.5 seconds before the photos were taken.

typically vague about apple's car rumors say in the company looks at it and put energy into a number of things. he also discussed the social responsibility he says apple takes on the global tech giant. the >> just like our products are meant to give tools to everyone to do better things than things they couldn't do otherwise, we want to leave the world that are than we found it. for us that means focusing on education and the environment and human rights. we put a lot of ourselves into these things. lauren: cook talking briefly about steve jobs as well saying he loved the late cofounder dearly and object into the negative portrayals calling them opportunistic. nicole: interesting to talk about the eponymous vehicle. i was on mornings with marie at the other day. we talked about google to see

whether or not they can spend that into a whole another entity. getting down to the wire and the races in baseball. rangers took over last night, moving ahead of the hughes master is. rangers came out on top six to five in the bottom of the ninth inning. prince fielder had a two run home run in the eighth. houston in first place since july 28th. they are playing catch-up in the doubleheader with the pirates yesterday. jon lester that the cubs to a two to one when mpeg.this 12 career complete game ending a three-game losing streak within four games of the pirates with the wild-card standings. the paris on the first game five before. the mets finally laws. an eight-game winning streak with a 93 victory last night. jacob pogrom was hit hard at

home. the first time he allowed more than three home runs to start a city field. say that lightly, games over washington. the magic number remains at 10 for the match to clinch their sixth division title. lauren: already. thanks for that, nicole. let's look at stocks. we will show you asia appeared up arrows across the board. shanghai composite up 5%. the best is again in three weeks, nicole. nicole: asia, europe and while. we see it to ftse up%, cac 1% and the dxf three quarters of 1%. lauren: the dow gained 229 points. how will it fall at completely

unchanged. the dow and nasdaq unchanged. not even a point. nicole: waiting on the fed here do get it. the fed's two-day meeting over whether to raise interest rates kicks off today. we will have all the details next. trump in the competition, donald trump vowed to make america great again. >> we will make our military so big and so strong and so great. nicole: will have all the details ahead of tonight's second republican debate. you are watching "fbn:am," your first look at morning markets and breaking news. ♪ [announcer:] what if one stalk of broccoli could

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nicole: breaking news this morning. it's easy money are the federal reserve open to the crucial meeting that could result in the first take in short-term interest rates since 2006? i am lauren simonetti. nicole: good morning i am nicole petallides. but officials appear to be divided but the economy improving. the recent turmoil causing officials to think about postponing the hype. let's look at stock u.s. index futures. we are seeing the dow was up one point, s&p down one point and the nasdaq up a 31-point. futures right now going nowhere fast. lauren: asia assert they not teach gains following wall street higher ahead of the meeting that by the shanghai

composite with the biggest rally in three weeks up 4.9%. setup 2.4%, nikkei 1% and cost me 2%. nicole: europe right now, the dax 74 points for three quarters of 1%. lauren: oil prices adding to yesterday's gains for the first time in three days. that helps energy as well. energy intact doing well in asia. gold prices right now up over 4:00. 11 of 60 trails. lauren: u.s. dollars trading against key currencies. the euro weakened 10 versus the dollar has been something the past couple days. nicole: 2.27% in the two year hitting its highest level since

2011. lauren: investors selling treasuries. welcome to "fbn:am," your first look at the market, today's breaking is and what to expect for your wednesday ahead. nicole: talk that china could be selling u.s. treasury as well. wall street closely watching the start of federal reserve key meeting today with analysts divided over what policymakers will do. some believe that slow braised rates of job market and u.s. economy. other analysts think the fed will not pull the trigger due to concern over low inflation and the impact on fragile emerging markets. the central bank will get a look at inflation later this morning as the closely watched policy meeting begins. economists looking for no change at the consumer price index compared to the prior month. the core rate excludes the volatile food and energy prices. on expected to rise one 10th

of 1%. the interest rate decision tomorrow will also release the latest economic projection fed chair janet yellen will hold a news conference. we've been talking to traders and people we work with closely at fox business. he believes the fed will take a pass september due to external in political market pressure. even though he thinks they should actually raise the funds rate to something above zero, never should've been as low. lauren: let's invite people to tell us on twitter what you think the fed will do. do you think of a hike in september? >> to 25 basis points now might be less. we will see. 24 hours away. a day ahead of the second gop presidential debate, for runner donald trump aboard the uss iowa calling for an expansion in the

u.s. armed forces. >> we will be building up our military. we will make our military so big and so strong and so great. [cheers and applause] and it will be so powerful that i don't think we'll ever have to use it. nobody is going to mess with us. lauren: that's a perfect backdrop for talking about the military. the iowa poll shows that anne carson is favored by 23% of likely republican voters. that is compared to 27%. the retired neurosurgeon with surging numbers. >> thels are not particularly surprising given the fact time out there amongst the people that and i've been saving the level of the csm and press are quite sometime and

hasn't been reporting on. so we've seen it so it's not surprising. lauren: to gop debate will be held live tonight. expected to be contentious. nicole: and will be late tonight so we'll be playing clips tomorrow sure. hewlett-packard handing out another 30,000 pink slips as it looks to save $2.7 billion annually. the cuts will largely affect the enterprise service business. hp splitting into two publicly traded companies in november. the enterprising apple handle servers, software, cybersecurity, card technology. hp does this will handle the other side. hp will handle printers. 55,000 workers hpsa.this part of the restructuring back in 2012.

separately general electric says it will move 500 jobs overseas because congress did not renew a government program that allows foreign companies to buy u.s. products. lauren: another bright after ahead? a tentative deal on a new contract for 40,000 u.s. workers. sources tell "the wall street journal" he will remove a controversial two-tier wage system for new hires make substantially less money than more experienced coworkers. the deal expected to serve as a template for other deals to be reached with general motors and ford. we are waiting on those two. >> they are certainly looking at fear chrysler to be the way. before you head out the door, advocate the wednesday forecast. maria molina will tell you everything you need to know. an umbrella, a finisher hot.

reporter: you'll need a finisher hot across parts of the plains. i want to talk about the wildfires west because their extensive across california, washington, montana and a storm system bringing in relief out there. i want to point out the extended output looks like conditions return to dry and hot. i will be a concern. yesterday would have flash flooding across parts of utah appeared more rain in the forecast today. nicole: maria molina, thank you so much. lauren: we will be right back, everybody. just ♪ at are powered by the moon. ♪ [ birds squawking ] my mom makes airplane engines that can talk. [ birds squawking ] ♪

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nicole: watching a ship bound a ship bouncing back after two days to sign on the shanghai composite. hang seng, nikkei and kospi all following gains. lauren: most average is up substantially. you're looking good as well. ftse at three quarters of 1%. dax up half of 1%. right now your stock index futures have changed their direction. moving to the downside to one 10th of 1% for all three. nicole: commodities for everybody. 4536. gas is down or to days in a row.

how about taking a look at the u.s. dollar. all the rest of the currencies look stronger. lauren: yield on the 10 year treasury. 3.72%. you saw what happened to the short end of the curve yesterday. retailers and shippers find it hard to deliver holiday packages this year. this is because more workers have already found jobs. the jobless rate has come down and many of those out of work might hold out for higher wages. ups hiring the same number of workers as last year. the number is 95,000. toys "r" us is hiring 5000 fewer workers a total of 40,000 workers. nicole: i just hope i get my packages. facebook ceo officially confirming the tech giant is working on a dislike.

after years of resisting requests from users, a negative environment because we don't want to be negative. facebook is cracking is that they want users the option to express and the first sad moments. you can't really like because it sat. face that close to unveiling the medicine expected to be called a dislike but. facebook expect it to release the sympathize button. like if you see an oliphant clamped her for years, it is sad that you want to like it at the same time. lauren: not too many buttons, but perhaps the perfect name for negative images. will they or won't they, the fed's two-day meeting up or whether to hike interest rates kicks off today. we will have details next.

trump in the competition. donald trump vows to make america great again. >> will make our military so big so strong and so great. lauren: the latest ahead of the next presidential debate. you are watching "fbn:am," your first look at morning markets and breaking news. the dow was down nine points. ♪

nicole: wiki news this morning. the federal reserve's open an official two-day meeting that could result in the first hike in interest rates since 2006. middle of the week.

four. area i am lauren simonetti. going in, officials still divided that the u.s. economy improving global markets causing officials to think about postponing anticipated rate hikes. u.s. stock market futures ended the opening bell. five market waiting on the fed. s&p down 1.5 and the nasdaq could turn positive in a second. 4.9% led by technology. hang seng, nikkei and cost again today. lauren: euro zone inflation falls unexpectedly last month and that can fuel speculation the european central bank has to expand its the program. ftse up 55 points, the same paris of the german dax up 60 points. nicole: bubble of the fed do? they are done with the stimulus.

lauren: gold prices moving to the upside of buy him a $6.11 awaited troy ounce. nicole: the euro weaker all day long. the other basket of currencies, the pound, canadian dollar, mexican peso in japanese yen stronger. a big selling yesterday. a 10 year treasury bond 2.7%. two-year yields story yesterday that the highest level since april 2011. nicole: everything intertwined. welcome to "fbn:am" come your first look at today's markets from the latest breaking news and what to expect the day ahead. in this case the fed is on our radar. lauren: analyst divided over what fed policymakers will do. some say the feds will raise rates to improve job market and a growing u.s. economy. others think the fed will not

pull the trigger because they are concerned about low inflation and the impacts to hike would have which are very fragile. the central bank at the consumer level with the consumer price index, cpi index but expect patience there it doesn't look like too much evidence inflation is heating up. if you look at the core rate including energy prices, on expected to rise one 10th of 1%. besides the rate decision, the fed will also release its latest economic rejections. and of course you have a news conference held by fed chair janet yellen. everyone piecing together every word she says and looking through the statement. nicole: we want to tell you what the traders have been telling us.

body language will raise rates this week. taking a pass in september. keith blade saying he believes they will not be a change in policy this week that the language will be more hawkish in town. he believes the fed should not raise rates at this time. we've been getting quotes as well. nicole: there is a hike. if there is no hike, many expect more of a hawkish tone. nicole: basically. a day ahead of the gop presidential debate, donald trump aboard the uss iowa calling for an expansion in the u.s. armed forces. >> we will be building up our military. we will make our military so big and so strong and so great. [cheers and applause] and they will be so powerful that i don't think we'll have to use it.

nobody is going to mess with us. nicole: a wave of criticism after he insults the physical experience of carly fiorina. the hewlett-packard ceo on "the kelly file" last night with her thoughts. >> donald trump says all kinds of things. i don't worry about what donald trump says honestly. i am out there talking with voters every day. although it's very entertaining too many people, but these are serious times. voters don't ask me about donald trump or his comment. nicole: the republican debate will be held in california tonight. lauren: sad news for workers at hewlett-packard, handing out another 30,000 pink slips looking to save $2.7 billion annually. the cuts will affect the business after hp splits into two publicly traded companies in

november. bill handle the cybersecurity, cloud technology, the moneymaking part of the business. the other side will handle the slower growing part which is pc and printers. the latest job cuts on top of 55,000 workers hp has laid off as part of a restructuring back in 2012. general electric with 500 jobs overseas because congress did not renew a government program that allows foreign companies to borrow money to buy u.s. products. nicole: streamline the business but still ahead of holidays. united auto workers union reached a tentative deal for a new contract of 40,000 u.s. workers. sources tell "the wall street journal" the agreement where the controversial two-tier system under which new hires make less money than inexperienced coworkers. the jail to serve as a template for agreements with general

motors. lauren: a search underway after four people were killed, three missing entire national park. authorities say the systems were hikers trapped in a canyon. tragedy in the nearby town with floodwaters sweeping away band and suv kerry three women and 13 children. look at video of the man. only three children were rescued. >> there were three that survived. they found a boy down in a creek walking around in two others in a vehicle somehow. lauren: the victims were returning from the park when they stopped at a flooded crossing and got out to watch the raging waters. nicole: scary. an interesting story as you have your coffee. a woman in new jersey gets half

a million dollars dunkin' donuts after she fell and spilled hot coffee on her face and neck. it happened january 2012. she tripped over a spike exposed jamaica/curb stomp in dunkin' donuts parking lot. she also suffered cuts to her hand and knee. dunkin' donuts is paid her $522,000 to settle this case. be careful when you walk with hot coffee. lauren: i spill coffee on my time. another key game coming out. u.s. stock futures ahead of the fed decision. the dow was down 10 points. you are watching "fbn:am" come your first look at morning markets and breaking news. stay with us. ♪ on

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>> the iphone six ad. that's a new one. there is no new charger. tamil charger. okay good. because we will stab you in the neck with a fondue fork. nicole: apple ceo cook last night. he's got some good guests this week. turning now to sports in a texas match. the rangers took over first place but in ahead of the houston astros. rangers came on on top. the bottom of the ninth inning. prince fielder had a two run home run. houston had been in first

license july 28th. the new york yankees wasted a chance to gain ground last night. yankees lose to the tampa bay rays 6-3. alex rodriguez playing with a bruised. new york leads in the wild-card race. three games behind toronto. toronto lost atlanta three to two last night. coming up with a rundown global market action before we hand it over to maria bartiromo. stay with that. ♪

nicole: a final look at global markets. shanghai composite 4.9% after selling off the last few days led by technology does certainly help. hang seng was solitaire is it a shot, much of the same in europe. right now the ftse trading three quarters 1%, taking a cue from

the u.s. yesterday we saw gains of more than 1% on each of our major averages. today slightly to the downside trend in a little bit lower down two tenths of 1% for the s&p 500. commodities gain in oil has helped the markets at 73 cents at 4532 a barrel and pulled up over five bucks. that is the environment when he ran as a renowned the fed. the euro weaker. the rest of the currency stronger. the greenback this morning. this estimate on the fed to find out whether they will or won't raise the short-term rates. 2.28%. it is time now for maria bartiromo and warnings with maria. maria: hi, nicole. happy wednesday september 16th big day for the markets. with me, debbie all brought, chairman wilbur watts in fact, fox business network's jo ling

kent, chief investment officer and mary ann bartel. at this hour the republican yields. the top 11 candidate overwrought including carly fiorina will participate tonight. the remaining candidates appear during a debate at 6:00 p.m. eastern. events held at the ronald reagan presidential library in simi valley, california. we will take you straight ahead life. donald trump not wasting any time on the west coast. aboard the uss iowa when he was like on details. >> will come out with some friends in a short time. we will build up our military and make our military so big and so strong and so great. [cheers and applause] will be so powerful that i don't

think we'll ever have to use it. nobody is going to mess with us. maria: big day for the markets for the federal reserve kicks off its two-day policy meeting. we will know tomorrow still raise rates. inflation with the latest epi numbers ahead of the meeting. let's check feature is that the market acted to open lower. the dow industrials seen opening 20 points. nasdaq, s&p 500 lower. a ship with a pretty good rally overnight with gains across the board. shanghai composite of 5%. a.k.a. japan up 1%. european markets higher this morning ahead of the federal reserve decision. cac in paris up 45, dax and germany at 33-point, a third of a percent. hewlett-packard, a technology giant will cut 30,000 jobs as