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tv   FBN AM  FOX Business  June 1, 2016 5:00am-6:01am EDT

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dream two breaking news this morning. the democratic battle for california sun. hillary clinton make a last-minute clip as polls show the race bernie sanders neck and neck. good morning. i'm cheryl casone in for lauren simonetti. >> veterans blaming the media for questioning him. >> in the market today, stocks in may with the fourth straight month of gains. that market futures at a today's opening bell down slightly. s&p look in lower by 6.5, .5, nasdaq lower by about it. nicole: asia stocks fell in
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japan as the stronger yen raises concern about japanese exporter. after gaining almost 7%, let's look at crude oil starting for the month of june. down about 1.7%. as the federal reserve weighs the federal reserve with another interest rate hike, we get two key pieces of economic data today. car sales expected to show a record pace for the year and also the survey of regional u.s. economies could influence the fed's interest rate decision. cheryl: and sports once again, wing dominated the day at the french open postponing most of the matches. the cleveland cavaliers gear up for the nba finals against south korea in the golden state warriors. nicole: 5:31 a.m. eastern time is june 1st. welcome to "fbn:am," the latest breaking news and what to expect the day ahead.
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cheryl: breaking news this morning. after event in new jersey and massachusetts, hillary clinton heading to california where she plans to campaign across the state in the final days before next week's primary. the recent poll shows a tight race or any sanders in the golden state. >> we are going to go matching them with incredible momentum. [cheers and applause] and we will march out with the democratic nomination. [cheers and applause] >> peter barnes has the latest from washington. "fbn:am" looking for a big upset their come in a new poll of likely democratic voters there shows him tied with hillary clinton. he sanders win would be unlikely to deny her the nomination.
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the latest delegate count shows are way ahead in just 71 ballot is sure to the number needed to become the nominee. there are more than 900 delegates up for grabs in california and other states next week. she only needs to capture rate%. analysts say defeating california could hurt clinton's momentum heading into the general election against donald trump and raise questions about her supposed advantage over him and the electoral map. her campaign canceled the event to new jersey this week to give her more time to campaign in california. back to you. cheryl: make sure to tune in next thursday for special coverage of the primaries 8:00 p.m. eastern time right here in the fox business network. nicole: also breaking this morning, donald trump lashing out at the end to dozens of veterans groups that he says received donations from him. this after some reports questioned whether the presumptive republican nominee distributed all the money he
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raised at a fundraiser in january. >> i'll be honest i've given interviews and said they are not covering me that way. the best thing you can do is put on a tape recorder next to you. the press is really dishonest. i don't mean everybody, but if it portion of them. they are the most dishonest people. they are bad people. nicole: donald trump says he raised $5.6 million at the event if meanwhile he rejected a proposed debate with bernie sanders. >> i wanted to do it for a lot of money and that would've done it in this case women's health issues. the networks were going to put up money and it would have been worthwhile to do it. frankly, i would like to debate him. i would love it. they were supposed to put money in and they were coming through. nicole: donald trump plans to campaign in california today as he looks ahead to the general
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election. cheryl: clevelanders care enough for the republican national convention. thousands of opponents and supporters are they to hold multiple demonstrations outside the convention this summer. officials in cleveland dismissing concerns that the city's efforts behind schedule. >> we are in the process of finalizing all of our security planning for the convention. this is in a process that started six months ago were eight months ago. they started a long time ago. >> we are going to showcase all but our city has to offer. we will be prepared. we are prepared and we are trained. cheryl: the convention will take place in july 18th through july 21st. nicole: residents of south texas are dealing with record flooding at the worst area has seen in 100 years. there's more rain on the way. the river reached more than 54 feet in the county. the flooding has killed six
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people and much of the state is under a flash flood watch. >> they haven't told us anything. they said the water's coming up here get up, but where do you go. nicole: hundreds of people have been evacuated from their homes in texas. the water. the extended rate into the neighborhoods neighborhood that the houses and businesses. cheryl: doctors in a new jersey hospital stay woman has given birth to a child with microcephaly link to the sika virus. this is the first debuted in the new york tri-state area. the 31 of mother contracted the zika virus ball in honduras and was admitted to hackensack university medical center on friday while she was on vacation here in the united states. nicole: let's get you caught up in the global market action. in a show, all done areas.
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prime assertions to be pushing up sales tax types. the outcome of the yen soars on stocks pulled back. the shanghai composite index down one 10th of 1%. hong kong hang seng down a quarter of 8% in south korea downed fractionally. cheryl: over in europe, stock downside right now. ftse on monday down 60. cac in paris down 30 points. let's chat that but the guy was doing. soon the new month with the down arrow. dow futures down 46. nasdaq down nine. cheryl: checking key commodities. after a strong month for oil for the month of may, oil now is down about 1.5%. gold just a slight gain in the dollar. nicole: key numbers to watch today. we will look at the latest auto sales numbers today. the numbers may be down from
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last year, but that would be a test piece to match. analysts are still expecting record sales for the year. investors will get another reading on the economy from the accident. the collection of an little evidence of economic conditions from each of the 12 federal reserve districts. it comes as the central bank considers raising rates again as soon as its meeting in two weeks. cheryl: the next brad drake right decision continues on with the decision will be. the countdown at the closing bell. chief economic adviser weighed in. >> june is a big a fish not because of the economic condition. if the world after the u.s. economy, the fed would hike in june. the global economy in particular the referendum is high. definitely july, maybe two, but definitely by july.
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cheryl: is federal chair alice rivlin says the right height is coming. >> if anybody is surprised by the fed talking about a rate hike, they've been absolutely asked her for a very long time. we have known this was coming. the only reason it wouldn't would be similarly bad news on the economy, which chairman yellen apparently does not expect. nicole: the next meeting june june 14. nicole: the evolution of hugh hefner continues. the company's chief executive scott flanders is leaving as the company or is it fail. it orchestrated the mecca since moved away from. the managing partner has been named the interim ceo. the private equity firm helped take playboy private. sources say he go roughly one
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third stake. cheryl: apple fans have to wait longer for the next iphone. apple is going to extend the product cycle at the popular device by a year. this means a revamped version of the iphone or any new iphone was released every three years instead of every two years. the report says the change will start this year with the launch of an iphone featuring minor up rates including an improved camera. that would mean the next major iphone with this major iphone of these wouldn't have to tell 2017. i'm going to break my iphone before that release. just saying. nicole: general mills is recalling 10 million pounds of this flower. the reason is a possible link to an e. coli outbreak for several varieties of gold-medal that were sold as a slave albertsons
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and other supermarkets pay general mills said e. coli has not been found in any of its flour products but it is still recalling products out of an abundance of caution. cheryl: tivo, one of the stats bear watching today. stock pickers said revenue fell 6.8% from a year ago in the latest quarter. dvr pioneer in the process of being acquired by robie. the accessories footwear and apparel company expected to report resort according to a year ago. michael kors posted better than expected third-quarter sales back in february. and then a cloud storage company expected to report a jump after the closing bell. investors will see if they can maintain its rapid growth rate. nicole: a lot of talk about how third-party candidates will affect the race for the white
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house. >> i look at him and i watch his emotions and i watch what he says. i think he is a fringe candidate. nicole: fringe candidates are not. they will take some votes from the gop and democratic front runner. historic flooding in texas and there is a thread is even more rain on the way. fox meteorologist maria molina will be here with the forecast. you are watching "fbn:am," your first look at money market and breaking news. ♪ honey, we do? we need to talk. i took the trash out.
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and i don't know where to start. i still have nightmares. i feel overwhelmed. i can't live like this anymore. i'm really not so good. but are you ready to listen? [text] listen to the service member or veteran in your life. [music] nicole: good morning. as 5:44 a.m. in new york in new york could ask you caught up on what's happening. clinton noted in her campaign schedule with california at next week's primary. after campaign in new jersey, she will have less to prevent an upset win in california by her rival, bernie sanders. polls show a very close race. donald trump says he would like to debate bernie sanders that
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the networks not put up the cash. trump said he would donated the money to women's health issues. today we get the latest report on auto sales pick the numbers expected to be down or may of last year when they were very high. it will be a tough comparison. there's comparison. there's a releasing a space-bar. indication of economic conditions in each of the 12 districts if a second u.s. market futures this morning after four straight month of gains in a couple years. starting out the amounts of a down arrow. dow futures down 41. s&p futures down five. the nasdaq down made. cheryl: markets looking a little rough. the libertarian ticket is set for new mexico governor gary johnson and former massachusetts governor bill weld fronting the third-party push. many are discounted this ticket that can do more damage than you think. >> gary johnson is officially
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back in the presidential fold in at least one candidate is already taking notice. the former new mexico governor chose the second ballot as the libertarian presidential nominee during his convention over the weekend. his running mate will be the former massachusetts governor bill weld had johnson racked up 1.2 million votes nationwide in 2012, about 1%. this time around he could potentially have an impact on the outcome of the race between donald trump and hillary clinton comes down to a few states and percentage points. a fox news poll showed johnson in a three-way match up against trump and clinton pulled in 10% support, if i have bubbles were from independent spirit trump was asked about johnson and repeatedly called in a quote fringe candidate. johnson responded by tweaking, so donald trump called me a fringe candidate. strangely enough, that's what he was caught a few months ago. trump smacked on the renewed talk from the weekly standard editor bill kristol about a
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third party ted kennedy jumping into the race. >> if they do in india, which ia reputation would do it because they would look like fools. what you are going to do is to lose the election for the republicans and therefore users the supreme court. >> mitch mcconnell backed up trumps and that would be not helpful. as for johnson and wells, they will appear on caputo coast to coast later today. back to you in new york. cheryl: thank you, blake. bill kristol is in talks with the constitutional or national review writer david fridge for a possible independent presidential run. nicole: coming up, once again ring dominated the day at the french open postponing most of the matches their and the cleveland cavaliers are gearing up for thursday's start of the nba finals against south korea in the golden state warriors.
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>> it is about oil chain. so many great players on the team. you will be challenging for us. nicole: that is lebron james did in texas, flooding with no end in sight. we will have the latest forecast from fox meteorologist maria molina. you are watching "fbn:am," your first look at money market and breaking news. ♪
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cheryl: eight minutes to the top of the hour. the latest in the world of sports. another rainy day the french open. the fourth-round match and the first two sets with 14 seats. roberto batista of spain against the next day because of rain. to women's matches were completed and both ended in surprises. number two and number matches.
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i can't believe that. both complained strongly about having to play in wet conditions. the cleveland cleveland cavaliers arrived in camera cisco yesterday to get ready for the nba finals in every match with the golden state warrior centers they. the words came back from a deficit to beat the oklahoma city vendor to finals. they went to six games with toronto in the eastern conference finals. cleveland in six games last year without the injured tyree irving. in baseball, seattle mariners pounded the san diego padres. the mari they started with 10 runs. they had 77 home runs. that is more than any other team. more on sports. i spoke with the surprise winner
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at the indy 500. alexander rossi visited the new york stock exchange yesterday. >> out of gas. you came in on empty. over going to sell out. you made the decision you're going to do your. >> we were trying to be a little bit creative. nicole: if you didn't get there, what were you going to do? >> push. cheryl: that's insane. they go about 230 miles per hour. the 24-year-old rossi became the first u.s.-born rookie since 1928 to win the indianapolis 500. we will have it on her facebook and twitter today. cheryl: a very sweet guy. now to some extreme weather. there is nobody can there is never this insight for water soaked texas. the barbeau river crested
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overnight. the water spilling over the banks, fill in a poem sent to an entire towns, leaving dozens they need rescued. the river authority opening floodgates. this isn't over yet. let's go straight to fox meteorologist maria molina here with the latest. reporter: more rain on the way. i want to share with you just how much ram is picked to appear over the past week. you can see many areas picking up as much as eight to 12 inches of rain out there across areas near abilene texas and also the west of houston and the forecast calls for as much as six to eight inches of rain in higher amounts possible. that's the case now known across portions of texas, but oklahoma and parts of arkansas. it will remain unsettled out there appeared to the east about the weather, we do have temperatures he did not.
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90 degrees into borland 90 degrees and a wireless figure forecast in the low 90s in atlanta. i'll buy stomach temperatures on the police side to reach the 70s and 60s this afternoon. over to you. cheryl: thank you, mowbray appeared nicole: coming up, the global market action we are seeing. we were handed over to to "mornings with maria." stake your own "fbn:am." dow futures down 50. ♪ you make me wear my bike helmet. you taught me to never run with scissors. you tell me to stay away from drugs. to always buckle my seat belt.
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cheryl: after four months of gains. june 1st on the dow futures down 45. s&p futures don't think the nasdaq donate. we are keeping a keen eye and commodities as well. the opec meeting. oil down 73 cents at work via 37. oil is up three weeks in a row but is down 1.5% today. oil gained 50 cents sitting up right now 1218. i think you said that. a troy ounce. now we'll turn it over to "mornings with maria." good morning to you, maria
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bartiromo. maria: good morning. i am maria bartiromo. it is one taken at june 1st. your top stories right now. 6:00 a.m. on the east coast. donald trump fights back then. the presumptive republican presidential nominee highlighted how he is the only candidate who has had to make this kind of disclosure. >> i don't think it's anybody's business if i want to send money to do that. i have to say this, i raise close to $6 million. it will probably be over that amount when it all started down. there is a lot of money and i didn't have to do that. it would've been easier to give the speech. the problem with the prices they convinced people like me not to do it, not to give money. maria: may well come or clinton under pressure. or in a scandal over field after the deposition was released late yesterday. more on that, plus clinton's change of plans to focus back on

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