tv FBN AM FOX Business October 5, 2015 5:00am-6:01am EDT
5:00 am
5:01 am
we'll talk about that. >> out with a new book saying that more wall street executives should have gone to jail in the great financial crisis. we are going to have more on that one. welcome at fbn:am, first look at today's market, breaking news and what's ahead. >> nicole: heavy rain in south carolina, more than 20-inches of rain in parts of the state. hundreds of people have been rescued from fast-moving flood weathers. five deaths reported in south carolina. >> we are at a how-year level in rain in part of the low country. this is different than a hurricane. it's water, moving and slow
5:02 am
sitting and we can't take it away. >> nicole: well, a new wall street journal nbc shows that donald trump is diminishing in iowa, followed by fiorina and jeb buish at 11% n. in iowa he gets 2 #%. ben carson comes with second. followed with fiorina. trump talking about polls on meet the press. >> if i was doing poorly, i'd go
5:03 am
back to my business. i have no problem with that. >> add calling the florida senator a little boy. by the way, don't miss this, ben carson will be on calf toe in coast to ces. >> nicole: i'm looking for that cheryl, representative wants to be the next house speaker. >> i am announcing my intention to running for speaker of the house of representatives. we were entrusted with the largest majority, the republicans have ever had since babe ruth has been swinging the bat. >> nicole: voters and the public want republicans to fight and the current house leaders don't deserve an automatic promotion.
5:04 am
so the current speaker leaves congress at the end of the month. we'll watch the developments on that, cheryl. >> russia defense ministry says that air force planes hit isis targets. u.s. gets ready to launch a major operation in north eastern syria. this after president obama ordered pebt gone for the first time to provide immunition.
5:05 am
nicole. >> nicole: let's get you in the market. revisions for the prior, ended up higher at the end of the asian and asia taking cue. >> europe taking the cue from asia. we have a nice screen today. ftse, cac, dax. monday here in this country. >> nicole: we are going to be getting the nonmanufacturing numbers so we are watching as well. dow 42 points. >> looking good. oil, 50 cents, gold is down a buck for you. >> nicole: we are watching the currencies as well.
5:06 am
the canadian, mexican peso all higher. >> right now you can see where 1.99%, a gain of two. >> nicole: not bad at all. 11 countries in the home stretch complete a sweeping trade deal. talks hit yesterday as partners review the proposed terms of a complicated compromise on the development of new drugs known as a biologics. 40% of the global economy. >> former federal reserve ben coming down hard on wall street executives, seven years after the financial crisis, some of the people involved in the economic meltdown should have
5:07 am
gone to jail, major banks and brokers were hit with millions of dollars, bernanke is promoting his memoir and has editorial and how the feds saved the economy. well, the banks paid that back. >> nicole: books sold as well. how about beverage and snack diet. investors will look to see to outline growth plans after failed bid for thrive. it will release numbers after
5:08 am
bell on thursday. alcoa announced the plan to split into two companies. >> turning to nicole's favorite topics. we saw this coming. los angeles clothing making and retail chain has been having problems with employees and secure lenders reduce debt, they will continue without. >> nicole: you know, they've been under a lot of pressure so it doesn't come to a surprise on wall street. here is a look, cheryl. volkswagon, this has been a huge story over the last few months stock down 60% now.
5:09 am
focusing on two engineers who were promoting was made the ceo and making a big bet on ge. accumulated two and a half billion dollars raising pressure on amounts to sagging shares. connecticut richest state, that is, indeed, a huge pension problem. connecticut has roughly what it has to pay future retirement for its workers. the state is wrestling with financial distress that of kentucky or illinois. >> rich state with the big pension problems, go figure, nicole. coming up top box off winners, nicole. >> it doesn't cooperate. everything is going to go south
5:10 am
5:11 am
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! he's ready. la quinta inns & suites take care of you, so you can take care of business. book your next stay at lq.com!
5:14 am
5:15 am
can't wait. >> i like transylvania. the kids would like that. we have some records there for you. >> all right. nicole kidman let's take a look. new orleans saints beat the dallas cowboys. second play of over time. hits with a short pass to turn it to 8-yard touchdown. in baseball texas rangers west title with 9-2 victory over the los angeles. the yankees have home field advantage in wild car game even
5:16 am
though they lost the baltimore 9-4 yesterday. six of their last seven games. houston astros are going to the play office for the first time in a decade. [laughter] >> nicole: they lost 5-3 but they did clinch wild car spot when los angeles angels lost to texas. first american league play off with yankees, right here in new york. >> they're not having any fun in that video. >> nicole: no, terrible. take a shower after that, guys. >> let's get you caught up on global action right now for you. hang seng, all looking pretty good. >> nicole: stocks continue to roar. u.s. stocks have been higher. european 119. cheryl.
5:17 am
>> there you go. the market is looking pretty darn good, dow high by 49 minutes. s&p up 5. nasdaq a little more than 17. >> looking good. >> donald trump hits the sunday news shows and says what would make him drop ut of the bid. >> why would i continue? >> nicole: here is what donald trump had to say and the aftermath of hurricane joaquín, south carolina governor call a historic. let's take a look at the devastation. you're watching minnesota a.m., first look at morning markets and breaking news. ♪ ♪ ♪
5:19 am
thank you for calling. we'll be with you shortly. yeah right... xerox predictive analytics help companies provide a better and faster customer experience. hello mr. kent. can i rebook your flight? i'm here! customer care can work better. with xerox. wait i'm here! mr. kent? (gasp) shark diving! xerox personalized employee portals help companies make benefits simple and accessible... from anywhere. hula dancing? cliff jumping! human resources can work better. with xerox.
5:21 am
>> breaking news this morning after friday ride, let's take a look at your u.s. stock market. ahead of the opening bell. taking a look at your dow, a little bit higher. now 57 points. s&p by 6 and nasdaq by 19 points. >> good morning, i'm nicole petallides. we will have the latest on that. >> donald trump exchaining what would make him drop out of the bid for the white house. we are going to tell you all about it. >> nicole: after box office, did you see it, all the weekend winners.
5:22 am
welcome to fbn:am. first look at today's market, latest breaking news. we made it through joaquín, florida. >> we did. i'll tell you what we did get, a lot of days of heavy rain and the stain storms more than 20-inches of rain in parts of that state. tropical moisture into the area by hurricane joaquín, at least five weather-related deaths in that state. good morning, maría. >> maria: , hi, good morning. we have been looking at historic, monthly records and river gauges that have been washed away many rivers due to
5:23 am
rainfall total across the state. we are in south carolina between colombia and myrtle beach. the water overwhelmed the lake and kept going downstream. you can't see it anymore. it's completely covered by water, we have what was a bridge. we're in a neighborhood, we've seen cars that were washed away. 75 mill-streak i-95 shut down. we are still seeing rain this morning. something else we have to watch for is strong winds that could bring down some of these trees and power lines because of how saturated it is. >> all right.
5:24 am
the aftereffects, of course. maría, thank you so much. >> nicole: shelters set up and trying to keep people safe and there have been several deaths. new wall street journal nbc poll finding donald trump's lead is diminishing in new jersey and also in iowa. he gets 21% followed by fiorina and jeb bush at 11%. trump had 28% amongst earlier. in iowa he gets 24%, but the number is down. ben carson comes in second with 19% followed by fiorina at 8%. trump talking about poll numbers during an interview with meet the press. >> if i were doing poorly, if i saw myself going down, if you could stop calling me because
5:25 am
you no longer have an interest in trump because he has no chance, i'd go back to my business, i have no problem with that. >> nicole: trump renewed attack on rival marco rubio calling the florida senator a little boy. by the way, don't miss this. ben carson will be on cavuto coast to coast. >> that was a heck of an ad. [laughter] >> nicole: actually i think it's a young marco rubio on that picture. utah representative wants to be the next house speaker. >> i am announcing my intention to run for speaker in house of representatives. they didn't say this year to
5:26 am
perpetuate status quo. >> voters and the public want republicans to fight and the current house leaders don't deserve an automatic promotion. it's a drive-downhill ri clinton poll numbers. john boehner leaving this month. >> nicole: stock ended up 200 points at the end of the day. european markets, right now we are looking at the ftse. cac 126 and dax. >> dow by 48 points.
5:27 am
s&p nasdaq looking higher. >> nicole: when we look at oil and gold, 4% and momentum continues. gold at 1134 on the downside. >> euro, mexican peso trending decently. >> nicole: right now 1.99% still below the 2% mark. asian stock starting with gaze, let's get a closer look. we bring in tracy chang. good morning to you, tracy. >> good morning, to you nicole. over year in china the shanghai
5:28 am
composite, but it gained about 1.6%, moving to tokyo also climbed about 1.6%, two-week high. also 120 level against u.s. dollar and finally south korean, gaining about four tenths of 1%. back to you. >> tracy, thanks so much for that report. we enjoy. >> it is costing more to get your money. average cost for using atm, 4.52, in atlanta and new york is
5:29 am
average increase is $5 and it could reach $8, banks are under pressure to reduce other kinds of fees. >> nicole: that becomes a little much. i'm going to take out some money and $5 or $8. take out as much as you possibly can and it's the overdraft fees, credit card fees, they try to stick with this. the most important male of the day starting tomorrow. feel free to sleep tuesday, it's kicking all-day breakfast at select locations in the country. pretty soon they'll made from cage-free eggs. the company says it will take ten years to completely make the transition because there are not enough cage-free eggs currently
5:30 am
to supply its need. we see -- >> the public wants it and companies decide to do it. >> nicole: my family keeps mcdonald's in business, but there's some really healy choices. there's salads. >> absolutely. disney considers off-peak pricing. we are going to tell you all about it. and fliers face off in a championship competition. let's take a look at the future if your markets this morning. s&p and nasdaq looking up. you should be looking up because you're watching fbn:am, first morning markets and breaking news. ♪ ♪ ♪
5:31 am
you focus on making great burgers, or building the best houses in town. or becoming the next highly-unlikely dotcom superstar. and us, we'll be right there with you, helping with the questions you need answered to get your brand new business started. we're legalzoom and we've already partnered with over a million new business owners to do just that. check us out today to see how you can become one of them. legalzoom. legal help is here. they come into this iworld ugly and messy.
5:32 am
5:34 am
5:35 am
less popular times but would raise prices to create restrictions during peak visiting period. itit would raise attendance. it's $99 at disneyland. [laughter] >> nicole: it looks so beautiful . >> credit card. >> nicole: this wild video of the u.s. parachute association championship over the weekend in illinois. decked out in suits inflatable wings to give them mobility. it looks a little bit mc hammerrish. 12,000 feet in the air at speeds nearing 2 -- 200 miles per hour.
5:36 am
what did they win? twenty-dollar middal. -- medal. that's worth it. >> coming up, everybody, donald trump is heading the sunday news shows and explain what would make him drop out of his bid for the white house. >> if i was dropping and saw that i wasn't going to win, why would i continue? >> we are going to hear what else mr. trump had to say in the interview. and in the aftermath governor calls historic. you are watching morning markets and latest news, pointing higher on monday. you are welcome.
5:40 am
>> breaking news monday morning after friday's wild ride. we gained 200 points on friday after we had been down in the early morning after job support. dow features 46, s&p nearly 5. good monday morning i'm nicole petallides. >> cheryl: good morning, cheryl casone. we are going to have the latest for you. nick -- >> nicole: we'll tell you all about it. >> cheryl: wall streets executives should have gone to
5:41 am
jail over the involvement in financial crisis. we've got the latest breaking news and what you can expect for you day ahead. >> nicole: we had so much rain and causing major flooding in south carolina and rainstorms more than 20-inches of rain in parts of the state, tropical moisture was also funneled into the area by hurricane joaquín, at least five related-deaths have been reported in the state. fox meteorologist maría moreno standing in the floods. >> maria: hello everybody at home. we are tracking an extreme situation unfolding in parts of south carolina. we've seen the images of homes, cars that were and at our
5:42 am
particular location we have a lake located just to the northwest and the water from heavy rain overwhelmed that lake and a lot of the flood water came rushing down to our location behind us. there is a bridge and you can't see it anymore. that's what make flash flooding dangerous situation. people were trying to cross several streets that were flooded. they were involved in rescue situation. the forecast with more than rain today, something that resident need to watch out for is gusty winds can bring down some trees and power lines, flood water is not safe, officials warning resident that many of the areas are looked at bacteria-filled
5:43 am
water even an males. we have seen eels and fish, stay safe and it could be several days until condition begin to improve. >> nicole: maría, stay safe, thank you, maría, we've talked about deaths, we talked about flooding, shelters, and continuing with winds and such, cheryl, so still an ongoing troubling situation. >> cheryl: yeah, we are going to keep everybody posted on what's happening with the weather. we want to keep you up with businesses, of course, the election. donald trump's lead is diminishing in new hampshire and iowa.
5:44 am
jeb bush with 11%. in iowa is 24%, that number is down from 29 in the prior survey. ben carson follows second with 19 and fiorina with 8%. trump talking about poll numbers in meet the press. if i were doing poorly, if i saw myself going down, if you would stop calling me because you don't no longer have an interest in trump because he has no chance, i will go back to my business, i have no problem with that. >> cheryl: calling the florida senator a little boy. by the way, don't miss this, ben carson is going to be an cavuto right here on the fox business network. >> nicole: never hire a boy to do a man's job.
5:45 am
that's some tough ad. russia defense, air force in syria hit nine isis targets in the past 24 hours. coalition gets ready to launch operation against isis in north eastern syria. president obama ordered pentagon for the first time to provide possibly weapons to syrian rebels, the president endorsed the idea for increased air campaign for air base in turkey. russia continues air strike in support of country's leader bashar al-assad. russia's military support will bring further from solution. >> cheryl: wow. a lot of action. we are going to start with asia, asian stocks actually had a good section, nikkei up by one and a half%.
5:46 am
kospi up about half percent. we will take it. >> we are seeing the ftse and cac and dax. >> cheryl: dow higher, we shall see. s&p and nasdaq higher as well. so it's a good kickoff to our monday morning market. >> nicole: yeah. former federal reserve chairman coming down hard on wall street seven years after the financial crisis. some of the people involved in the economic meltdown, should have gone to jail. major banks and brokerage firms were hit over reckless lending, bernanke is promoting his new memoir which is coming out today. he also has an editorial on how
5:47 am
the feds saved the economy. here >> cheryl: two engineers. volkswagon investigation is focusing on two engineering promoted ahmad ceo. accumulated $2.5 billion stake in general electric. and next headline for you, connecticut, america's richest state, has roughly half, that is not a good thing. >> nicole: tough budget to deal with. coming up a look at the top box
5:48 am
office winners over at the weekend. >> at some point everything is going to go south on you. you're going to say this is it, this is how i am. >> nicole: martian rises to the top of the charts and sunday night football and america's team with highlights saints versus the cowboys and the match all set for baseball playoffs. dow features up 62, we are moving a little higher, 6 and a half, nasdaq up 20. you are watching fbn:am, market and morning news. ♪ ♪ ♪
5:52 am
>> we have a video message directed to the whole crew. >> my god. [laughter] >> he's still alive. >> no your face niel armstrong. >> martian winning big at the box office this weekend. matt damon skyrocketing in 55 million in total sales. opening to great reviews to performance, restaurant stranded on mars and real estate depiction of space. hotel transylvania2,
5:53 am
$33 million. sicario opening to a third place stot with aa solid 12 million bucks. cheryl, a big weekend there at the box office. >> cheryl: good weekend on sports. nfl sunday night game, they beat the dallas cowboys on second play of overtime. drew brees, 80-yard touchdown. wow. in baseball postseason matchup. texas rangers clinch over the range else. rangers will face toronto on friday. thethe national league end regular season with 3-1 win over milwaukee and the wild car against the pittsburgh pirates.
5:54 am
5:55 am
when account lead craig wilson books at laquinta.com. he gets a ready for you alert the second his room is ready. so he knows exactly when he can settle in and practice his big pitch. and when craig gets his pitch down pat, do you know what he becomes? great proposal! let's talk more over golf! great. better yet, how about over tennis? even better. a game changer! your 2 o'clock is here. oops, hold your horses. no problem. la quinta inns & suites is ready for you, so you'll be ready for business. the ready for you alert, only at lq.com. laquinta! the internet of things. what we're recommending as your consultants... the new consultants are here. it's not just big data, its bigger data. we're beta testing the new wearable interface... ♪ xerox believes finding the right solution shouldn't be so much work. by engineering a better way for people, process and technology to work together.
5:57 am
5:58 am
a huge reversal on friday, dow finished up 200 points. dow 72, 4% for the year. copper down 18%. commodity has been under pressure and the euro gaining against the u.s. dollar this morning. we have much more for you coming up in the next few hours since we are going right over the maria bartiromo. good morning to you, maría. >> maria: happy monday to you. good morning, i'm maria bartiromo. it is monday october 5th. u.s. stock looking to open higher this morning after strong for the week. gain about 74 points. we have green arrows in the u.s. as well as europe, stocks in france, better than 3% in paris and 2% in germany.
5:59 am
massive flooding in south carolina with governor saying the state has seen the worst rain in one thousand years. five deaths have been reported on the roads as the historic rainfall top 2 feet in some areas of the state. we will keep you posted there. the search continues for a cargo ship lost during hurricane joaquín after rescues believe they found debris. it went missing with along with 33 crew members as storm headed for bermuda. donald trump leading in iowa, 24% of the vote, followed by ben carson and fiorina and bush taking third and fourth spot. hillary clinton leading in eye eye. clinton targeting younger voters with this appearance.
6:00 am
>> what do you do for a living? >> i am a grandmother and a human and trusted with this -- >> i get it, you're a politician ? >> how about you? >> i'm just an ordinary citizens and believe the keystone pipeline will destroy our environment. >> to a volkswagon, company's investigation into scandal, the journal is reporting reportedly found that they could not deliver as promise a clean engine for the u.s. marts. they were put in charge of research and the development at the wol wag oan group back in -- volkswagon. it is known for pushing companies to reshape themselves and the
102 Views
IN COLLECTIONS
FOX Business Television Archive Television Archive News Search ServiceUploaded by TV Archive on