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tv   FBN AM  FOX Business  October 15, 2015 5:00am-6:01am EDT

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>> nicole: breaking news this morning. security system goes down. services back up. we will have the latest on the situation. good morning, everybody. i'm nicole petallides. >> cheryl: good morning, i'm cheryl casone. also this morning the play after plumet. a lot of ground. dow 115 points.
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>> nicole: rate increase and results of fox poll and downbeat about the economy. donald trump finds a new punching bag, we will tell you who it is. we will have that for you. >> cheryl: and in sports -- celebration in toronto and kansas city as the blue jays and royals win the division. wildest baseball game you will ever see. welcome at fbn:am. what to expect. let's get it kicked off here.
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>> thousands of people downstairs and upstairs. the people all there were cursing. there were people that couldn't walk. it was crazy. >> nicole: travelers stranded after computer crashed at 7:00 p.m. last night. the system was backed up and running by 9:00 p.m. not before passengers to to twitter. what country is this begin? >> cheryl: a lot of people very annoyed. a day after wal-mart torpedo loss. dow futures are suggesting we
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are going to open to the upside at 9:30 a.m. iron time. wal-mart coming off their biggest one-day drop in 27 year. more than 10% losing $21 billion in market value. other big retail names falling with wal-mart, best buy, target, all getting hit hard. also, the company cutting 2014 outlook by $15 billion. >> i think wal-mart, it needs, to you know, update their model or suffer the fate of blockbuster in the long-term. so unfortunately for wal-mart it's not going to go higher in
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year term. if all they're doing is playing catchup, amazon is already there. >> cheryl: the numbers don't lie. shares of wal-mart are down 30%. you want to compare to amazon, that stock is up, better than 75%. wow, what a chart. >> nicole: it doesn't end there, warning to wal-mart and retail sector as a whole is a sign that the u.s. economy much weaker than previously thought. in fox business excluive interview they disagree. >> i don't think it changes the outlook fundamentally and the picture for me much. consumer spending has been very strong, strong retail numbers in the spring or summer.
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people are looking at over 3%, that's being consistent with consumer spending over the last two years. >> nicole: we will hear from fed speakers. >> cheryl: consumer maybe spending but they are certainly not confident. nearly 80% of voters think the economy has yet to recover before it recession. very own liz claman will sit and it is today at 4:00 p.m. eastern time right at markets close. >> nicole: let's get you caught up. let's take a look. we've seen back from the hang seng, shanghai composite.
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shanghai up about 2%. nikkei and kospi about 1%. >> cheryl: ftse gain, dax in germany, strong morning, more than a quarter percent. >> nicole: look at this. dow 108, s&p up over 14. >> cheryl: oil still sitting around that 46-dollar and change. gold is up by $4 and change. >> nicole: let's take a look at the currency picture. we see a weaker dollar, but today a different picture for the euro, the euro is weaker across the board, pound, mexican peso and japanese yen still stronger against the dollar. >> cheryl: a lost of more than 2 basis point.
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>> nicole: veteran was hired by vw just three weeks ago but he has already resigned, wv's efforts to recover, resignation comes as magazine reported that at least 30 vol wagon managers were involved in the test cheating. there was no basis for the figure. the scandal has wiped out a quarter of the market value. herl cheryl also breaking this morning. investigation infant -- fantasy sports. part of an ongoing discussion within the justice department about the legality.
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draftkings and fantasydual gives themes an exception on online gambling. keeping on eye on race for the white house. slamming democratic counterparts like this one, the debate over hillary clinton private e-mail server is far from over. >> hillary clinton's problem is nobody trusts her. she has not been forthcoming. the e-mail issue is an issue of national security, he put political ambitions ahead, hackers can get in any place, even in our own secured servers in the froth but to have private server, people with classified
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information going over the servers, this is something that she needs to come clean on. this is not finished, because just bernie sanders says that it has. >> nicole: senator marco rubio speaking with varney says her numbers are numbered. >> mid-20 century, they don't work anymore. we are going to be the party of the future. >> nicole: senator bernie sanders this time getting the business from donald trump. >> this socialist/communist. nobody wants to say it. [cheers and applause] >> in all fairness to her, she's sitting there listening to this guy that's going to tax you at 90%. it's going to take anything and
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nobody has heard the word communist, i call him a socialist/communist because that's what he is. >> nicole: for more fireworks be sure to catch fox business november 10th for fox business wall street journal gop debate. don't miss it. >> cheryl: underground missile facilities, a long tunnel, iranian state officials are scattered across the country. a few days after the country reportedly test fired new generation-long range ballistic missiles. it's not in violation of nuclear agreement because that is focused on restricting iran's path to nuclear weapon. the nation will be completely modernizing missile technology by as soon as next year. >> nicole: netflix is down more
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than 3%. but the netflix ceo has plans to transform tv and movie company to attract more subscribers, now comments was likely intended to send a message to the time warner hbo and has been moving to broadening own content to increase appeal. stock was down after hours. >> cheryl: there's some more stocks you are going to watch today. big banks reporting earning. they're all going to be reporting before the market opens today. profit of 2.91 a share. well bellow. goldman is expected to report revenue.
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that's a drop, believe it or not from just a year ago. citigroup will posta year-over-year increase for most recent quarter, however, revenue expect today decline from a year ago. citigroup to report earnings a buck, 38 but revenue expect today drop, it's about $1 billion. we should see when numbers come up. >> nicole: farm -- pharmaceuticals, seeking information related to how it prices drugs, distributes them and how patients afford these medicines. the pile of treasury bill sold zero and grew further this weeks
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delayed plan to sell stock. price is offering lower than bankers had expected. >> cheryl: coming up, we have a computer glitch which caused chaos at airports around the country. we are going to tell you about the outage of federal terror watch list. in baseball celebrations breaking out in toronto and kansas city as blue jays and royals win. looking a lot better after yesterday's rough day on wall street. looking like the dow is going to point higher.
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>> cheryl: let's take a look at u.s. futures. u.s. futures showing higher, s&p looking higher by 14. nasdaq looking higher as well. >> nicole: getting ready for sports. comecomeback from houston astros. trailed 2-1 in the sixth, comeback with go ahead 2-1 double. royals won 7-2. cueto pitched. will host toronto blue jays. toronto defeated texas 6-3 at
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game five. 53 minute, seventh inning catcher throw, the pitcher deflected after choo and allowing allowing the tie-breaking to score. umpire, angry fan throwing debris on the field. rangers made three straight errors and toronto rally. josé bautista blasted a 3-run homer. game one monday night. cubs beat the cardinals to advance in the championship. series tuesday night and blue cross bluecross blueshield building was lid up. i'm from new york, i will say go
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mets. >> cheryl: people in the studio have the go mets attitude this morning. donald trump finds a new punching that. we are going to give this, the poor woman, she has to give everything away. the man -- maniac on the left is going to give everything away. >> cheryl: we'll have the stories for you. just a day after wal-mart stock torpedo the dow, stock futures recovering this morning, check dow pointing high by 109 points. you're looking at fbn:am first morning markets and breaking news. ♪ ♪ ♪
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>> cheryl: breaking news this morning. chaos at many of the nation's airports this morning. we are going to have the latest on the situation. good morning, everyone, i'm cheryl casone. >> nicole: good morning, i'm nicole petallides. well, dow my recover some loss ground. check out u.s. stock. wal-mart dropped 10%. dow up 12 right now. >> cheryl: that morning about wal-mart, we are going to have results of new fox poll.
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>> nicole: donald trump finds a new punching bag. we will tell you who it is. >> cheryl: fbi and the justice department investigating fantasy sports operators to see if they're breaking any federal law. >> nicole: in sports -- commerce commerce. >> nicole: celebrations breaking out in toronto and kansas city as the blue jays and royals win their division. we'll have the highlights of one of the wildest baseball games you will ever see. welcome to fbn:am, first look at morning markets and latest news and what to expect in the day ahead. >> cheryl: chaos and confusion. late into last night. >> upstairs and down stories, the lines were crazy. the people were cursing. there were people that couldn't walk. it was crazy.
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>> cheryl: travelers stranded after the customs computer system crashed last night. customs and border protection officials say the system was back up and running by 9:00 p.m. not before frustrating took to twitter, computer system down, they don't know when it'll be fixed. typical, welcome to the usa. what country is this again. >> nicole: a day after wal-mart torpedo the dow jones. dow lost 157 points and dow futures suggesting we may open higher today. we are seeing up over 100 points. shares of component, wal-mart biggest drop in 27 years. closing yesterday about 10%
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losing over $21 billion in market value. that's more than ralph lauren, macy's, twitter, other big retail name. falling with wal-mart, target, best buy. wal-mart warning investors of strong u.s. dollars and wages will hurt profits, also cutting year outlook by $15 billion. >> they need to update their model or they'll suffer the fate of blockbuster. it's really not a buy right now. unfortunately for wal-mart it's not going to go higher over the near term unless they can do something that amazon is not doing. amazon is already there. >> nicole: numbers don't like. shares of wal-mart are down more than 30% this year alone. that stock better than 75% year to date.
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>> cheryl: it looks like a duck bill. some investors say that warnings from wal-mart is a sign that the u.s. economy is much weaker than we thought suggesting that the feds might put off an interest hike. >> maybe a notch lower than expectations. i don't think it changes the outlook fundamentally. consumer spending has been strong. now, people are looking at over 3% real consumer growth for the third quarter. that's being consistent with consumer spending, having been very strong over the last two years. over 3% growth. >> cheryl: we are going to hear from fed president and james bullard. >> nicole: they may be spending according to lacquer, not confident.
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80% of voters think the economy is yet to recover from where it was before the recession. if you want to hear what the white house thinks of all this tune in to fox business our own liz claman. >> cheryl: also breaking this morning investigation infant say -- fantasy sports. it's part of an on going discussion within the justice department about the legality of fantasy sites. gives them an exemption of the 2006 congressional band on online gambling. >> nicole: before you head out the door this morning let's take a look at the thursday morning
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forecast. we have meteorologist maria molina. >> maria: good morning, a lot of that is going to be changing. we expect much colder air. the coldest air so far to begin spilling southward as we head and even parts of tennessee and north carolina. take a look at how it's going to be out there in places by new york city, you could be in the 30's, farther west only in 20's and in indianapolis those temperatures into the 30's during morning hours. nicole, we could be seeing some snow coming up this weekend. we will keep you updated. >> nicole: some chilly weather, thank you, maria. they can park themselves and be driven hands free and we will tell you all about it. how much do you tip at restaurants?
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how about nothing? no-tip policy. today up arrows, s&p almost 15. nasdaq 36 to the upside. you are watching fbn:am, first look at morning markets and breaking news. ♪ ♪ ♪
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>> nicole: all right, let's take a look at u.s. stock futures. today dow futures looking to the upside, dow 112 points, s&p up 15. >> cheryl: released a model pilot software today with self-parking enhanced and foot-free driving from everything from stop-and-go traffic to speeds. it requires a driver to grab the steering wheel every ten seconds or so to avoid the vehicle slow down. >> nicole: very cool. now new york city restaurant tour, the latest to eliminate tipping.
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a restaurant owner announce to go remove tipping from all his restaurants beginning as early as next month. the move will allow him to equally compensate all his employees. they are just the latest in high-end restaurants testing it out nationwide. what do you think? maybe tweet us. >> cheryl: there you go, donald trump finds a new punching bag. >> we are going to give this, that, she's the poor woman. she has to give everything away because the mainac standing on the right is going to give everything away. >> cheryl: we will have the latest. asking playerers about -- player
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ers about their experiences. s&p higher by 15 and change, you're watching fbn:am, first look at morning markets and breaking news. ♪ ♪ ♪
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>> nicole: breaking news this morning, computer security system goes down. services back up but we will have all the latest details on this situation. good morning to you, i'm nicole petallides. >> cheryl: , good good morning, i'm cheryl casone. opening bell in less than 3 hours away.
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s&p higher by 14 and a half. >> nicole: federal reserve may put off rate increase, we will have results of fox poll that consumers still down-beat about the economy. >> cheryl: donald trump finds a new punching bag. we will tell you who it is. >> nicole: fbi and justice department investigating fantasy sports operators to see if they are breaking any federal laws. we will have that. >> cheryl: and in sports -- celebrations, wildest baseball games you will ever see. welcome to fbn:am, first look at what's moving in the u.s. markets and of course your day
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ahead. >> nicole: thousands of people upstairs, downstairs, the lines were like out of this -- crazy. the poem up there were all cursing, there were people that couldn't walk. it was crazy. >> nicole: travelers stranded after the customs computer system that checked terror threats crashed, customs and border protection saying the system was back up and running by 9:00 p.m. they don't know when it'll be fixed. typical, welcome to the usa. another one entire immigration system, what country is this again. you have to stay safe. [laughter] >> cheryl: they love their twitter. one day after wal-mart torpedo the dow industrials, they gained
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today. we may up substantially higher. dow futures higher, a little more than 100 points. there's wal-mart, that was a sell-off yesterday. closing down more than 10% losing $21 billion in market value. now other big retail names fell, best buy, target, dollar general. wal-mart warning investors, her profits and sales next year. also wal-mart cut 2015 outlook by $15 billion. >> i think wal-mart, it needs to update their model or suffer the fate of blockbuster in the long time. it's really not a buy right now. it's not going to go go higher unless they can prove that they can do something that amazon is
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not doing. if all they're doing is catch-up, what's the point, amazon is already there. >> numbers don't lie. shares down 30% alone. compare that to amazon, that stock is up better than 75 year to date. >> nicole: it doesn't end there. warning from wal-mart and sector overall is a sign that the economy is much weaker than previously thought suggesting the fed might put off a business hike. >> so the retail sales report was maybe a notch lower than expectations but i don't think it changes the outlook fundamentally, the picture so much, consumer spending has been very strong, strong retail sales numbers, people are looking at over 3% real spending growth for the third quarter. that's been consistent with consumer spending, having been
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very strong over the last few years. >> nicole: dropped 2 bellow 2%. we will hear from fed president. >> cheryl: consumers maybe spending but they are certainly not confident, in a fox poll 80% of voters think the economy has yet to recover as to where it was before the recession. if you want to think what the white house thinks of all of this, you want to tune in to fox business, liz claman will sit today, that will be today 4:00 p.m. eastern time after the bell. >> nicole: company veteran was hired by vw just three weeks ago but he has already resigned. resignation is a setback to recover of scandal over manipulateing diesel test.
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30 volkswagen managers were involved in the cheating. the scandal has wiped out a quarter of the market value and forced out its long-time chief executive. >> cheryl: fbi is beginning an investigation into fantasy sports. questioning draftking customers about experiences using the service. it's part of an an going discussion within the justice department about the legality of daily fantasy sites. games of skill which gives them an exemption to 2006 congressional ban on online gang lin. >> nicole: no shortage of comments and presidential hopeful slamming like this one
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former governor jeb bush speaking and says that it is far from over. >> hillary clinton's problem is no one trust her. the e-mail issue is an issue of national security. she put political ambitions ahead of the national interest of this country. hackers can get into any place even the secured servers of the federal government, but not to have server without having classified information going over those servers, she needs to come clean on, there's an fbi investigation. it's not finished just because bernie sanders says that it is. >> hillary clinton is from the
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past. we are going to be the party of the future. >> nicole: senator bernie sanders also in the cross-harris, this time getting the business from donald trump. >> socialist slash communist, okay, nobody wants to say it. [cheers and applause] >> no. >> in all fairness to her, she's sitting here listening to this guy, it's going to take everything. nobody heard the term communist, but you know what, i call him a socialist/communist, because that's what he is. >> nicole: more fireworks be sure to catch fox business november 10th for our fox business wall street journal gop debate. >> cheryl: here is a look at the headlines. pharmaceuticals under
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investigation by federal prosecutors, they received subpoena and helps patients afford the medicines. also 1.17 trillion at 0% interest. interest rate of zero since the financial crisis topped to trillion this summer. weak pricing pulled deals, clear sign of trouble, albertsons delayed to sell stock. it's offering lower than bankers had expected. >> well, coming up. [cheers and applause] >> nicole: celebrations breaking out in toronto and in kansas city as the blue jays and the royals win their divisions. we'll have the highlights of one of the wildest baseball games you'll ever see. check index stock futures this
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morning, looking pretty good. dow futures up 105, s&p up 14 and nasdaq up 35. you are watching fbn:am, first look at morning markets and breaking news. ♪ ♪ ♪ trader pro investing platform, the information that's important to you is all in one place, so finding more insight is easier. it's your idea powered by active trader pro. another way fidelity gives you a more powerful investing experience. call our specialists today to get up and running.
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>> nicole: taking a look at stock markets. down for the week but higher this morning. dow up 113, s&p nearly 15. >> cheryl: turning now to sports, the kansas city royals another comeback to houston astros and going to series,
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morales had 3-run homer. eight dominant innings. they will host the toronto blue jays on friday night. one of the wildest games you're ever going to see, toronto defeated texas 6-3 in game five of the american division series. 53 minute seventh inning, russell martin throw to pitcher, deflected of choo back and allowing tie breaker to score. there was a protest. umpire review and every fan throwing debris on the field and the bottom half of the inning, three straight errors and toronto rally. then josé blasted a 3-run homer. kansas city in game one on friday night. there was another game five last night.
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vikings quarterback were in the house as the minnesota turned a wnba final. won first two titles on the road. >> nicole: let's get your thursday morning forecast with fox meteorologist maria molina. >> maria: good morning, you'll see temperatures that feel close to the summer, close to 100-degrees in some oh -- other areas. some of the coldest air so far this season arriving across theeción areas and morning low temperatures and 20's in many areas. nicole. >> nicole: thanks, maria, we will be right back. ♪
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♪ ♪ 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
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>> to exceed $1 billion. futures pointing to higher open on wall street this morning. u.s. stock is up right now. dow futures up. gains across the board. biggest from nasdaq up nearly scrapping the tip. [laughter] >> raising menu prices in order

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