tv After the Bell FOX Business July 1, 2016 4:00pm-5:01pm EDT
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which is what we're all about, we can kind of live through anything. let me wish awe great holiday. [closing bell rings] cheryl: you too, jordan. unfortunately the markets coming back after the last week the brits left the eu. stocks kicking off second half of the year in the green. hello, everybody, i'm cheryl casone in for melissa francis today. look at the confetti. david: fireworks. i'm david asman. this is "after the bell." we'll have fireworks of our own. fasten your seatbelt. it will be quite a ride for you this hour. travelers are on high alert. a record number of americans hitting the roads for the 4th of july. latest reports from our nation's busiest highways and airports deferring to the fbi. the attorney general admitting the bad optics of her closed-door meeting with former president bill clinton, the tarmac meeting that is.
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loretta lynch says she will accept the bureau's recommendations regarding hillary clinton's email investigation, but, did she leave herself a little wiggle room? steve forbes will join us this hour how this will play out on the campaign trail. donald trump facing possible revolt in the battleground state of colorado. last minute behind of scenes effort currently underway to block trump's nomination. cheryl: back to the markets, just closing right now, the dow up for the fourth straight day, wiping out nearly all the losses following the uk exit vote. what a week we have. phil flynn, price futures group, watching action in oil and gold from the cme. and lori rothman from the floor of the new york stock exchange. lori, hi is? >> great to be with you. we did not completely make up all the "brexit" losses but for the week the dow is up 3.2%. that is tremendous considering
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where we were exactly one week ago. talk on the floor, central bank stimulus, global central bank stepping forward if we see unwinding in economies. that will unfold in the coming weeks. the other thing specific to the u.s. we'll get the june jobs report next friday, no one, especially ahead of a three-day weekend is ready to make a significant bet especially considering the buying we had earlier in the week. buying bonds and depressing treasury yields. treasury yield, 1.44% is saying a lot. investment community does expect interest rates to remain low and fed will here in the u.s. likely hold off for as long as it possibly can. all that said, we had a bunch of lifetime highs today. conagra foods, aflac, medtronics, lockheed martin. it was definitely a day, a week, latter half of the week where the buyers were certainly on board, guys. back to you. david: lori, thank you very much. well, gold, interestingly
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hitting another 52-week high today. very often when the stocks are up, gold comes down. didn't happen today. up for five consecutive weeks now gold is. phil, weak currencies, i say that is what equals higher gold prices. am i right? >> yeah, absolutely dave. you know what's causing those weak currencies obviously? uncertainty what is going on in the globe. really saw a huge bid on gold. silver, we can't forget about silver, silver was up over a dollar, up over 1.10 doll. concerns about what imf said about deutsche bank. it is riskiest financial institution in the world. when gold traders hear that, they get scared. they start buying. why you saw the money move into the gold and the poor man's gold, silver as well. oil rebounded. concerns about the norway strike keeping shorts at bay. it will be a long weekend. traders didn't want to be short. back to you. david: phil flynn, thank you very much. have a good holiday weekend. cheryl?
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cheryl: wall street seeing gains for fourth day in a row as we wrap up the last first trading day of the month and first half of the year. we have monica mehta and charles payne. you might have called something. charles, no surprise to you. hold on. >> now the dow what they call cup and handle formation. normally a very bullish chart formation. there is chance we could look at 18,000 on the upside before the week is over. cheryl: look who called it. what is happening next week charles, all ears? >> let you know friday at close. someone mentioned the jobs report already. this is what i like about this week, guys. the result with the market the last two sessions were powered by good economic data. yesterday was chicago pmi. listen we opened up, we were meandering a little bit and
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today it was the broader manufacturing data. in fact these manufacturing numbers were the strongest we've seen in years. good to see the market up on good news aft whole lot of other things going on. keep in mind there is cautious element. not only yield lowered, not only flight to gold but yesterday there were 323 new highs on the new york stock exchange. still the blue chip names, even over in england. we're talking about "brexit," the ftse 100 has rebounded but other wider markets over there, averages for the eu-uk markets are still down. cheryl: tell you what, monica. i was looking at leading sectors for the day, consumer discretionary, health care, industrials, like the british exit never happened. >> sure, when the pendulum swings hard one way it swings back the other way just as hard. the only thing you can count on right now is volatility and that is what you're seeing. frankly the uk exit in europe is really more of a problem for the
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rest of the eu than it is for the u.k. they're one of the more productive economies in europe. as time passes it gives them more flexibility. so that is not surprising to me but i wouldn't put too much weight what you're seeing right now. there will be a lot of volatility to come. david: this was big news today that had effect on market and companies. tesla's autopilot system is currently under investigation following the first fatality involving a self-driving vehicle. 40-year-old ex-navy veteran joshua brown was killed while operating a tesla model s sedan in may. tesla releasing a statement saying quote, this is the first known fatality in just over 130 million-miles where autopilot was activated. among all vehicles in the u.s. there is fatality every 94 million miles. the customer who died in this crash had a loving family and we're beyond saddened by their loss. charles, why didn't the stock move more on this news? >> you know, david, as tragic as
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this is, things like this are going to happen, and you don't want to sound callous about it but i think they made the point it has been over 100 million passenger miles. i happen to be long mobile eye, that was down a buck at open. that closed higher too. david: mobile eye we say is key component of driverless cars. >> part of the brains of it, if you will and, you know, it is a technology that will be here real soon and you know, it is really again, it is saddening but by the same token, rapid deployment of automated cars is ahead of the curve right now. david: monica, because we are such a litigious society there have to be ramifications. google, other companies looking at this might change their design somewhat because of this accident? >> i'm very skeptical of this type of technology in general. i will admit i'm probably 40 years older than i look in terms of my point of view with this it is not only dangerous
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for people operating the cars it is dangerous for other drivers on the street. i don't want a technology issue potentially ending my life, my child's life or someone else i care about as a passenger in a car completely unrelatedded. i'm scared of lasik. so you can also factor that in. i'm just a curmudgeon when it comes to technology but this technology scares me. cheryl: monica, i drive like i'm 80 years old, so i'm with you, sister. i want to ask you about age and google. the company is under fire about age discrimination. one lawsuit could allege that they are discriminating people, my god, over the age of 40. monica, what do you make of this at google? >> sure, you know, it's a case that two people are bringing out in the entire industry. as a stereotype would it be surprising to you that technology companies would lean towards younger employees? we see the same thing in the financial services industry. you kind of see your career over as you're in your mid 40s.
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some of this has to do with age. some of it has to do with wage discrimination. a lot of these companies can get people to do similar work for far less that are younger. these are very tricky allegations. you see this across a lot of different industries. cheryl: charles, do you think this is bad for google? >> another pr battle they will deal with but ultimately it is not. even if we're afraid of technology, the traffic light is technology. we were okay with that. it is something that is going to come. it will be here. google is major player out here. amazon is behemoth of large tech. in my mind you want to talk tech, facebook is the cheapest stock in the market. whether we embrace it or not individually hard to deny the wave, the tsunami that is coming. cheryl: i don't know. kind of bothers me. david: a day for many businesses and workers all over the country. minimum wage hikes in 15 cities and states go into effect today but has some critics wondering if these wage increases could be
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a job killer. charles, what does this do for entry level jobs? >> it is horrific. here we are embarking in the summer. very few people who work these jobs. over half of them are young people. if you're an adult situation where you're trying to raise a family on this it is unfortunate but we have skewed the entire system. we should have lower wages to get more young people into the job market, punching a clock. understanding the system. by the way putting a few bucks in their pocket. i had a bunch much summer jobs as a kid. i hustled. that is more important than this thing because as you push these wages up artificially it actually hurts poor people. because when prices go up at supermarkets and fast-food restaurants, guess who actually pays more? by the way a lot of these households may have two or three people working these jobs, if one loses the job, that is all three wrote. david: that's true. monica, what concerns me the most is entry level jobs. the young folks are not getting
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jobs that teach them how to work. >> sure. you know the statistic that really caught my eye in this discussion is that 47% of americans can't even scrape together $400 for an emergency. is this partially lack of financial literacy? yes. i think what you're seeing is a large percentage of people in this country who just can't get by on what they make anymore. and it should really be our view to help the most vulnerable in society. this minimum wage discussion though almost put as bandaid over the entire discussion because it is just a small percentage of people who are trying to support a family off of working at taco bell and the core problem we're not creating enough good, breadwinner jobs anymore. i think we do have to have empathy for these people. david: charles, i know you want to get in but we're out of time. catch charles. he has a lot more to say every week night at 6:00 p.m. >> i will have answer to that tonight. david: yeah. he will save that answer. it will be even more full of
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passion than you could possibly imagine. charles. monica. cheryl: stand by for charles. we've got to switch gears here. terror across the globe is striking fear in americans. u.s. officials urge vigilance at the airport. what you need to know before leaving home. david: police in chicago are bracing for a violent 4th of july weekend. the number of homicides in chicago skyrocketing, the highest number in over a decade. cheryl: incredible. plus the uproar surrounding private meeting between former president bill clinton and attorney general loretta lynch, speaking out controversy earlier today. >> i certainly wouldn't do it again. and, you know because i think it has cast a shadow over what, it should not, over what it will not touch. you guy's be good. i'll see you later
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david: breaking news from bangladesh, isis claiming responsibility for the siege ongoing in bangladesh. nine armed attackers set up bombs and took hostages inside after restaurant in the diplomatic zone in the nation's capitol. the exact number of hostages currently unknown. witnesses say gunmen chanted "allahu akbar!" during the attack but isis has taken responsibility. cheryl: back here at home, a controversy we're following, wouldn't do it again. loretta lynch expressing regret over the private meeting with former president bill clinton of the the attorney general is vowing to accept the recommendation of fbi regarding hillary clinton's email investigation. blake burman standing by in washington with the latest on the story. blake? reporter: that's right. loretta lynch reiterated she would not meet bill clinton again under same circumstances.
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she said the american people have good reason to ask her, what on earth she was thinking when she decided to meet with clinton for 20 minutes on her plane earlier this week. listen here. >> the most important thing for me as the attorney general is the integrity of this department of justice and the fact that the meeting that i had is now casting a shadow over how people look or view that work is something that take seriously and deeply and painfully. reporter: despite that lynch said the investigation into hillary clinton's email practices while clinton was secretary of state has not been compromised and lynch insists she will accept the recommendation of career prosecutors along with the fbi. meantime, campaigning in colorado earlier this afternoon, donald trump questioned whether that run-in between bill clinton and lynch was coincidental. >> when i first heard the story, i said no, you're kidding. i don't believe it. i thought somebody was joking.
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i think he really, i think he really opened it up. he opened up a pandora's box. reporter: cheryl, david, well-placed fbi source that fbi agents are livid. that is the way it was described about that exchange between lynch and bill clinton. cheryl: can't blame them. blake burman live in washington. david, over to you. david: can't blame them at all. here to weigh in, former federal prosecutor doug burns who used to work with loretta lynch. how could somebody as seasoned as loretta lynch made such a colossal failure unless bill clinton was very worried about the way the case was going. >> i heard somebody use the word flabbergasted. i will repeat it. i know loretta lynch. i worked with her. people are mixing apples and oranges. apples, did they do something improper? everybody seems -- david: yes. >> well improper substantively about the ongoing case? no. did it --
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david: we don't know that, doug. we don't know. it was in private. that the is whole point. if they met on the tarmac with fbi agents within earshot, it was private. >> i've been doing this 31 years and i'm pretty good at guessing i'm going to guess they didn't discuss the case if she did that i would be shocked beyond times 10. however, the appearance of impropriety to a lawyer is just as important. so i can't be on a train as i have, doug, why don't we walk over to the courthouse. i walk in with the judge and my adversary seeing me walk in the judge, you can't do things that appear to be improper. david: let me talk about what is, what has scared a lot of people in the clinton camp. huma be a din is beginning to talk in ways and give evidence, for example, emails huma had to hillary that hillary did not share with the folks in government. she was supposed to. in fact she wrote an affidavit back in august of 2015, i think we can put it up on the board here. >> right.
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david: an affidavit that says under penalty of perjury i swear i have given all my government emails to those looking for them. huma be a din has just proved that is false. >> it has been reported over and over again, many of the things that hillary clinton has said have been -- david: but, doug, this is affidavit. she signed an affidavit. >> no, i understand that. david: isn't that obstruction of justice. >> i think it is very clear. get back to sort of the main story line which the attorney general, having backed herself into this corner with this idiotic tarmac, meeting beyond, now says, again mixing more apples and oranges. i will accept the recommendation of the fbi. no, no. when an agency brings the case to the prosecutor the prosecutor makes the decision. what she really meant, it was cleared up, other half of it, i will accept recommendation of career prosecutors ndoj you have career prosecutors and political appointees. my late father served as deputy
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attorney general, told me over and over, career people, line people should make the decisions. david: they are in charge apparently. final question, doug, we don't have anymore time, is, has huma huma -- abedine turned by the fbi because she mouse know she is giving evidence that contradicts hillary clinton said by sworn affidavit? >> excellent question. the answer is almost undoubtedly will or have or are trying to what we call flip her and use her as a witness. but again, not to be a broken record, this other thing i will accept career prosecutors, we're not going to be involved, we, the media, with those internal discussions okay. those are highly confidential but beware of somebody leaking it, leaking what the bureau recommends, what the career prosecutors even recommend. some source in there may leak that to the media. tell you right now, if the recommendation is to prosecute her, all hell will break loose on many levels.
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david: doug, thank you very much. terrific stuff. appreciate it. cheryl? cheryl: david let's stay with politics, facing uphill climb in colorado. facing heavy opposition which is two weeks until the convention. we'll speak to one delegate leading the charge for the never trump campaign. >> colorado, we've got to win this one. we do have to win colorado. i will be back a lot. don't worry about it. i will be back a lot. this just got interesting. why pause to take a pill? or stop to find a bathroom? cialis for daily use is approved to treat both erectile dysfunction and the urinary symptoms of bph, like needing to go frequently, day or night. tell your doctor about all your medical conditions and medicines, and ask if your heart is healthy enough for sex
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cheryl: donald trump's fight for colorado. the presumptive gop nominee addressing the hurdles with delegates in the battleground state earlier today. >> colorado has taught me a lot about politics. i learned a lot. because polls came out i was going to win colorado and doing really well in colorado and looked good and i was looking forward to it and then all of a sudden i didn't get the delegates.
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i said what happened to the vote, do you remember? and i started to learn, you know, quick learner. cheryl: one delegate from colorado is pushing a rule to make delegates, quote, vote their conscience. to stop trump at the convention. here is the delegate and member of the republican rules committee. kendall, thank you for being here. >> thank you for the time. cheryl: so you don't, you don't want trump to get the nomination. you don't have someone else that you're talking about nominating but you want this conscience clause to be pushed forward. explain what it is you're looking for here. >> sure, free conscience is something that government teacher thought up. it is built this country. why the pilgrims came here. why we have the a bill of rights. systemic to the core root of every american individual all i'm asking that the rule codify what already exists within each delegate the right to be unbound and to vote their conscience on the floor of the convention, however they see fit. there will be delegates in free
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conscience still vote for donald trump and that is okay. it is reflection of their conscience. for those of us who simply can not, all we're saying we want to exercise our rights, inherent rights already exist to be unbound to vote our conscience and that may be for whoever. cheryl: this may be a david and goliath type of situation. you're really in the minority here. a lot of major party leaders came out against what you're asking for. how do you handle that going forward? >> it's a david and goliath battle. we know who won that, don't we? we have had a lot of coalitions con have lesses together with all the candidates delegates. there is the unique structure of what we are going forward with, what we have some pacs that came on board and delegates unbound with us. we actually have a whip and floor plan that will go toe-to-toe with what donald trump has. we have people right now identifying our delegates. we have actually over 400 delegates that have committed to votes their conscience on the floor. but i want to also dress donald
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trump being there. he is practicing electoral malpractice, that we were appointed, we couldn't have voters, my daughter texted me, i am confused she watched us run for election and actually had to go out and campaign for the, to get the vote in colorado to actually be delegates, representing thousands of constituents turned out to vote. i had to tell her, believe what you know, not what you're hearing him say. it simply wasn't true what he was saying. cheryl: kendall, we don't have a lot of time but you know, this is a big fight. >> sure. cheryl: what is driving it? do you feel that the system is rigged? because that is something that donald trump used to say? >> well, and he went on that, he won on that false narrative. and of course it is not rigged. what we did, we outgamed him here in colorado. what surprises me can not be the face of our party because he does not represent what conservatives believe. he is truly a populist protection it.
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even when he addressed here today, a auditorium filled with faith people, faith based people. he didn't address sanctity of life. he didn't address traditional marriage and religious liberty around very thing that drive people he was discussing. >> it will be convention like no other, no matter what. obvious little we'll see you there. thank you very much. >> thank you for the time. david: i pray that the politicians address more is crime. chicago's most violent weekend of the year as the heat rises in the windy city. violence showing no signs of slowing down. the shocking statistics you're not going to believe it coming up. cheryl: travelers bracing for tightened security this holiday weekend. we'll take you live to one of the busiest airports in the u.s. with details. >> the american public should expect to see this july 4th weekend an enhanced security presence at airports, train stations and other transit centers across the country. homeowners insurance
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and still is actually in terms of security lines if you look behind me here. actually tsa has done a pretty good job today. look at pictures what has been happening out here all day. clearly a bigger security presence. very visible security presence in person of multiple swat officers out here, carrying automatic weapons throughout the terminals. haven't seen that in a good long while. 9/11, after 9/11, we had that. we've got that again now today. also increased k-9 teams out here as well. to since istanbul and you point out today, even, they're on high alert clearly. so far it hasn't gummed anything up. as i said, the lines have been pretty good. so, good on that front but travelers perhaps with some pause, although i just met a church group going to italy. they said, we don't care. we're going. we're, we're not afraid. we're going to do what we're going to do.
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david: good for them. jeff flock, thank you very much, jeff. have a great holiday weekend, jeff. reporter: thanks, david. cheryl: as airlines ramp up security, airline security expert says long security lines and checkpoints could make us vulnerable to danger. a view from the wing writer joins me right now. are we vulnerable in the wake of the istanbul attack with the long security lines predicted for this weekend? >> hi, there, cheryl. absolutely. i mean the first thing to understand is in spite of how much news these all make and how terrible these attacks are when they happen, air travel still is relatively safe compared to other modes of travel. so people shouldn't stay away but when we're thinking about air travel security we realize after istanbul and also after brussels that the lines outside of security, any kind of backups that we create, are themselves tempting targets. so we do -- cheryl: what do we do about that, gary? this is your area of expertise.
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for those on the way to the airport as american flyers to be vigilant, to have our eyes open? what do you suggest? >> well so i think that we really do have to rely on the people who are managing the checkpoints and the security process because we're not going to be able to protect the country as flyers. although certainly we want to be in a position to get through the check point as quickly as possible. i mean not just for safety but for our own convenience and so knowing, what is allowed at the check point and how to get through quickly matters. to the extent that you're able to go through and advance the precheck or global entry kinds of screening, you will make the process a whole lot easier on yourself. cheryl: we need be to aware. airport is soft target outside lines of security where we're seeing video of these passengers and these lines to get through, that is the soft target. i mean after brussels and then after istanbul, it doesn't seem that isis is interested in stopping this strategy that they
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have? >> well, there are things that the government can do. i mean there should be a goal getting people through the check point quickly. first of all, three years ago the tsa wanted to stop focusing on some. things that aren't really existential threats to air travel, like pocketknives and golf clubs but that didn't make for good sound bites. so they backed off of a plan to really focus on heavy threats. cheryl: yeah. >> if they can put their behavior detection officers at a checkpoint to move people through more quickly, really focusing on things that are threats, then we're not going to be having a long gatherings long lines tempting targets for istanbul and brussels. cheryl: very truss traiting to flyers. thank you for the tips. >> thank you, cheryl. david: city of chicago bracing for violent weekend in chicago as the murder rate has skyrocketed to the highest in a decade. matt flynn on the streets of
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chicago, the news is shocking. those numbers are frightening. reporter: david, they're absolutely staggering, here on the streets of chicago someone shot every two hours, someone murdered every 10 hours. we're now heading into the 4th of july weekend, one of the most deadly typically here in the windy city. a few hours ago the police superintendent announced his plans to heavily beef up the police presence here on the streets. 5000 officers will be patrolling the streets of chicago here over the 4th of july weekend. a series of raids are already underway targeting active and wanted warrants. and police say they will be increasing foot and bike patrols in areas typically considered safe such as the navy pier and ballparks. big takeaway, chicago police are stressing that majority of crimes are related to repeat offenders. that is what cpd will be coming for this weekend. >> while we face historical challenges including repeat
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offenders willing to use illegal guns to solve petty issues, maybe no mistake about it, cpd is using every tool in its office to assure the safety of all chicagoans. reporter: they're using the mobile unit for officers to respond to scenes across the city. expanding overtime. taking 150 officers from desks to streets. overall greatly increasing its presence. to give you indicator what chicago police are up against right now, in the past month of june that just wrapped up, 70 people were murdered. so about two-a-day. that is what officers are fighting heading into the 4th of july weekend, david. david: matt fin, thank you very much. stay safe my friend. cheryl. cheryl: opening up pandora's box, donald trump taking aim at "crooked hillary" over her husband's closedded door meeting with the attorney general. coming up steve forbes, forbes media chairman weighs in on the future of the 2016 race.
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>> i thought somebody was joking but it's a not a joke. hillary is so guilty. she is so guilty. i mean you can read them right off here. how that is not being pursued properly. he really opened it up, he opened up a pandora's box. kept coming back on my long-term control medicine. i talked to my doctor and found a missing piece in my asthma treatment with breo. once-daily breo prevents asthma symptoms. breo is for adults with asthma not well controlled on a long-term asthma control medicine, like an inhaled corticosteroid. breo won't replace a rescue inhaler for sudden breathing problems. breo opens up airways to help improve breathing for a full 24 hours. breo contains a type of medicine that increases the risk of death from asthma problems and may increase the risk of hospitalization in children and adolescents. breo is not for people whose asthma is well controlled on a long-term asthma control medicine, like an inhaled corticosteroid. once your asthma is well controlled, your doctor will decide if you can stop breo and prescribe a different asthma control medicine, like an inhaled corticosteroid.
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cheryl: what a week it was. we'll take another look at the markets. kicking off the second half of the year in the green and the dow recovering 93% of the uk vote losses from last friday and the week. this marks the best week for the dow and s&p 500 since november 20th. david? david: who would have thunk. charles payne would have thunk. he said so right here. she may not admit but hillary clinton is still facing possible indictment. attorney general loretta lynch stating she will follow guidance from the fbi regarding whether to bring charges against the democratic candidate if the fbi recommends. if hillary is indicted where do
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we all go from here? here is steve forbes, forbes media chairman and capri cafaro democratic state senator from ohio. what happens if hillary is indicted. >> it is over. the democratic party has 500 plus super delegates. they have a conscience clause. majority could go with somebody like joe biden. david: even if the indictment comes down after the convention? >> after the convention i think it goes then to the dnc they will, they will go to i think joe biden. maybe evan bayh. but i think vice president biden. david: capri why bernie is citying in right now. >> that may be the case. he is really enjoying attention from people feeling the bern. that is the debate will have. if ising happens to bernie sanders, bernie folks say my cool dead hands you will take away from me or joe biden or
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anybody else comes along. we went through the primary process, we earned delegates through primaries and caucuses. only someone like joe biden could be successful in general election. david: talk about one other person, we're fond here at fox, fox news contributor, evan bayh, former governor and senator of indiana, would he -- very moderate guy. a lot of republicans who would probably vote for him over trump. >> that may well be the case. when we look at folks like evan bayh on the democratic side or john kasich on the republican side, you know people that really appeal to the middle of the road, thinking voter in the united states, that you know, may be more fiscally conservative but looking for some pragmatists, those are kind of people i think would be successful. mr. forbes is correct. the dnc would take over if it happens after the convention. but if it happens before the electoral college, so if she wins, for example and then something happens, then there is another process there. david: pull out of weeds for a second.
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>> there is a lot of weeds. david: i want to talk about what happened with loretta lynch and bill clinton. what do you think was going through bill clinton's mind? clearly he was instigator of meeting. >> i think it is classic case they now no one would know about it. david: really? with all the people bill clinton travels with. they have to have the fbi around he thought they could get away with this being private. >> usually agents don't leak. i think in this case an agent called a reporter, anonymous tip. this is what happened and blew the whole thing up. and so i think it was premeditated on his part. what is amazing is, given what her position is, attorney general lynch, that she went along with it, she knew it was absolutely wrong to do. i don't think they thought it was going to come to light. >> thankfully i think exposure here put attorney general lynch in situation where she backed away from it. she said if she would have to do it over again she wouldn't have met with president clinton. she very publicly said, she will
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abdicate her power so to speak to career prosecutors and fbi. david: she left a little wiggle room in there, hasn't she. >> let's hope. david: let's hope? if fbi recommends she should follow -- >> there is no place for politics in law enforcement. >> politically she has no wiggle room now. she may think face saving way for her to back down. what it does increases chance of indictment, now the career people know there is no way politically this can be stopped. david: certainly increases the power of the fbi. the fbi was concerned that they would be overruled and somehow by justice department. now if justice disagrees with fbi on this after what happened on the tarmac, it won't pass, will it? >> whole tarmac meeting didn't pass the smell test. why bill clinton did that given his past troubles, just astonishing. david: quickly, steve, another investigation, as if there weren't enough about hillary. a federal judge now expanded the investigation into the clinton foundation whether hillary clinton had a little set of emails involving meetings
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with -- >> meetings we weren't supposed to know about, like the tarmac meeting. meetings we weren't supposed to know b that adds fuel to the fire. gives the fbi even more stuff they can throw in and say, this doesn't pass the smell test. we don't have time to investigate it. but there is plenty for indictment. david: capri, what is the breaking point for democrat, sure of indictment that would change anything? is there anything short of indictment, democrats say i can't vote for this woman? >> there is difference between i can't vote for this person and we won't nominate this person. nothing will stop us from nominating hillary clinton. david: after all this, could you vote for her? >> you know it is a very, very difficult situation for me as you well know. i believed that the supreme court nominations are something that are very, very important to me and as a democrat, the balance of the court is very important. however, i share some concerns in regards to mrs. clinton's -- david: very honest, capri cafaro. steve forbes.
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he is always honest as well.andy saturday morning "forbes on fox." 11:00 a.m. eastern time on fox news channel. cheryl: love that show. david: good. cheryl: packing up the family car for the 4th of july? well, we're going to have company on the roads this weekend. new report from one of the busiest highways in the country coming up next. ♪ you pay your car insurance
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zone in the capital. according to reports from local media. cheryl. cheryl: record number of americans are hitting the road this 4th of july but new jersey marking situation by hiking gas tax. laura engle in ridgefield, new jersey with the latest. reporter: road warriors are ready for the long stretch of concrete in front of them today, especially with gas prices lowest they have been in 11 years for the 4th of july weekend. aaa reporting average price for gallon of gas is 2.28, adding americans have saved $100 per driver this year with these low prices helping americans feel comfortable where the economy is. >> they're taking additional money they're saving on gas, putting it towards a trip. 36 million people told us they will be driving. also this is a great time to fly. some of the top destinations around the country we're seeing 9% decrease of cost of tickets to go there. a lot of americans are taking advantage of that as well.
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reporter: while the national average is low, several states put plans in place to hike the gas tax this holiday weekend. washington and maryland already done so. the governor of new jersey, chris christie, has a plan to raise the gas tax by 23 cents a gallon but garden state lawmakers chose not to vote on it this week. delaware, pennsylvania, connecticut and new hampshire are also proposing to charge motorists for miles they drive to fill budget shortfalls. today travelers will take advantage of these prices while they can. >> very reasonable. it is 2.11 a gallon. a lot better than last time we traveled. last time it was closer to three. >> it didn't worry us about taking two cars this year. we usually take one. at some point he brings second one but now we're taking two cars. reporter: curious where travelers are heading to this holiday weekend? trip pip a reports that
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los angeles, las vegas, new york city, and number one destination is orlando, florida. cheryl: thanks, laura, i am going nowhere. my wife and i are staying here this 4th of july. b we're all proud americans. micro clean formula works in just 3 minutes, killing 99.99% of odor causing bacteria. for a cleaner, fresher, brighter denture every day.
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david: we don't often link patriotism and immigration in the same sentence but we should. some of our greatest patriots were immigrants. alexander hamilton was one and my stepson felipe who came to america from nicaragua when he was seven years old. when he was 19 he joined the u.s. marine corps even though he was not yet a citizen. he should have been a tin but the immigration service messed up his papers. when i asked him why he would sacrifice his life or willing to for a country he that just bungled his papers, he told me, david, i want to earn my citizenship. he became a u.s. citizen fighting for his country in iraq in 2003. felipe followed through on his promise to earn his citizenship,
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more than so many of us who were just lucky enough to be born here. god bless felipe and god bless all patriots on this july 4th. cheryl: god bless your wonderful wife and daughter. david: good people. thanks so much for watching us. have a great weekend. cheryl: "risk & reward" is now. >> i wouldn't even be briefed on what the findings were or what the actions going forward would be. and while i don't have a role in those findings, in coming up with those findings or making those recommendations as to how to go forward i will be briefed on it and i will be accepting their recommendations. deirdre: attorney general loretta lynch not taking herself off the case or in legal terms, recusing herself on a legal matter that could affect a presidential election. at issue, the fbi and department of justice probes on hillary clinton use of a private email server while she was secretary of state. this is "risk & reward." i'm deirdre bolton.
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