tv FBN AM FOX Business August 9, 2016 5:00am-6:01am EDT
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nicole: breaking news this morning. donald trump and hillary clinton battle over the economy. comes plan includes big tax cuts for americans. hillary clinton: down economics. the latest on the policy battle. good morning and nicole petallides. lauren: good morning. i am lauren simonetti. dow futures up seven points. nasdaq futures came into. nicole: oil prices rise to the japan except .7%. in china the shanghai composite gained 7% as well.
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lauren: a possible opec production free spirit nicole: flight cancellations continue as the airline tries to get back on schedule after hours long worldwide grahamstown. the ceo of delta issued an apology. lauren: can espn get back to subscriber growth? what do you what to expect. nicole: two more gold medals last day. looking with the 100-meter breaststroke over russian swimmer and ryan murphy when the gold in the 100-meter backstroke. all the highlights coming up. lauren: 5:01 a.m. welcome to "fbn:am", the latest breaking news and what to expect for the day ahead. trade to the presidential nominee is crashing on the economy. hillary clinton strongly criticizing the proposal while
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campaigning in florida. >> his tax plan will give super big tax breaks to large corporations and the really wealthy, just like him and the guys who wrote the speech. he wants to eliminate the consumer financial protection bureau, which has saved millions of dollars for americans. lauren: trump assigns clinton in a major economic policy speech. major details in michigan. >> monday after a parade of protesters coming donald trump released part of a reworked tax plan. trump was introduced by magpie and then failed a new individual racket with 12, 25 and 33%. the wealthiest of americans. they also propose dropping the top in business tax rate to 15%.
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>> under my plan, no american company will pay more than 15% of their business income in taxes. [cheers and applause] in other words, we are reducing their taxes from 35% to 15%. >> trump said his plan would allow for the expecting for the expected of childcare for companies who have money overseas would be allowed to bring it back at the rate of 10%. he said more plants will also be in the coming weeks. back to you in new york. nicole: blake burman, thank you. lauren: a group of officials signed an open letter saying they will never vote for donald child. the letter says in part we are convinced that he would be a dangerous precedent and were put at risk our country's national security and well-being.
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most fundamentally, mr. trump likes the carrot there, value and experience to be president. lauren: they are nothing more than the failed washington is looking to hold onto their power and it's time they are held accountable for their action. republican officials include cia director michael hayden and director of homeland security tom ridge and michael chertoff. nicole: to parents of two of the four americans who died in the 20 tolkien garcia taxiway and hillary clinton. patricia smith is the mother of sean smith. charles wasn't the father of tyrone woods. their lawsuit alleges clinton's use of a private e-mail server contributed to the deaths of their science. they are also suing for defamation in response to the lawsuit. the clinton campaign says there's been nine different investigations into this attack and then found any evidence of any wrongdoing on the part of hillary clinton.
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lauren: polygram making a final push for his congressional seat. ryan faces the challenge or a political rookie paul nealon in today's wisconsin primary. he got an unexpected boost after donald trump placed him last week. >> one of the things i'm doing is talking with manufacturers about what we can do to have more of these shops in america. >> august 9th will be wisconsin's independents. >> criticism, they officially endorsed by native rally in green bay wisconsin on friday. nicole: the mother of a crying baby come into donald trump's defense after he supposedly kicked her baby out of a rally last week in virginia. david ebert on fox news hannity last night saying she was halfway out the door with a
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seven term suggested she take and not die. >> it was so blown out of proportion. i knew he was joking from the beginning and he made light of such a situation that other mothers consider stressful themselves. i mean, it was great that he provided the comic relief because it may take the stress off of it. tree into ebert said she was not insulted, adding she didn't hear trump's comments about getting the baby out and only learned about it when she saw it in the media after she returned home. lauren: delta airlines handing out refund then travel values as the airline works to recover from the crippling computer outage. half of the flights were either delayed or canceled. the ceo apologizing to customers in this video. >> i appreciate the hard work to
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delta team of delta people are doing to bring the system as quickly and safely as possible and apologize for any inconvenience this has caused. >> it is investigating the exact cause of the problem. shares closing out to third. if you are flying today, check your flight status ahead of time. true to our needs for another media player. the company expected to report third-quarter results after the closing bell. investors on the sports network espn is facing a decline in subscribers in november at disney said subscriber counts had fallen to 92 million, the lowest since 2006. lauren: news corp. swung to a new spot that helped by a legal settlement. the company reported growth in digital real estate units while advertising remained weak. the parent of the fox business
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network until mid-2013. tree into a nation we begin with the paris air that she -- korea's cost be up by then half of 1%. only the hong kong hang seng came down one 10th of 1%. the >> let's check out how missteps or training. half a percent gain in paris and germany. the fit demand another third of 1%. nicole: better than expected jobs report. pull back all of those. nasdaq futures up three and retail numbers later in the week. macy's, norristown but they crude oil price is now down a nickel. $42.96 a barrel after a major
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race yesterday at 3%. gold expert team dollars and 39 cents an ounce. nicole: we've seen a pound right now under pressure once again. take a look 129. several days to contest and pulling pulling back against the dollar. the year are on the other hand is gaining against the dollar. the japanese yen gained again that bring back this morning. by ringling says the economic remain favorable for stocks. the advisory partners told liz claman on count down to the closing bell yesterday that he sees moderate declines. >> i say the market is down. i'm not forecasting a bear market. forecasting the market down between zero and 10%. >> economic fundamentals remain favorable for stocks.
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strapping on a profitable trader to make money by renting out san francisco headquarters. the company putting 30% of its office space up for the set more than 180,000 square feet of her no-space-on four floors. five kitchens and a coffee bar. a listing says the price is negotiable. put a reported a loss of $107 million. nicole: a big night for american swimmers at the olympics last night. one of the top event featured a rationale for dopey americans, lilly kane. seeing the j-juliett and i saw for the gold medal. the russian was originally banned and hatted overturned. they started down -- data gathered for the event and whacked her finger at her. after the race, just incredible winning the gold medal and
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knowing a data claim. settled for the silver. the 100-meter backstroke americans have not lost the men's event since the 1992 barcelona games. really turned it on at the finish to pull out the win. in his first olympics, david palmer won the bronze. i love that. nicole: michael phelps on the verge of the 20th gold medal. he posted his second fastest time in the semi finals of the butterfly last night. back off a bit near the end. the energy for tonight's final. lauren: delta ceo apologizes for a massive crowd stop a ball its airplanes yesterday. >> i apologize for the challenges this has created for you. the delta team is working very,
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very hard to research assistants back as quickly as possible. lauren: the problems that delta ra symptom of agent technologies. gas tax crashed after reporting the latest sales fall off. we'll have that story. let's check on u.s. stock market futures. a small game is tuesday morning in the free market. dow up 11, s&p up one point. nasdaq up three points. you are watching "fbn:am," your first look at money markets and ricky needs. -- breaking news. ♪
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♪for all those times you stood by me♪ ♪for all the truth that you made me see♪ and remember... ♪for all the truth that you made me see♪ seatbelt. drive safe. call when i get there. ♪for all the joy you brought to my life♪ i...i love you. ♪for every dream you made come true♪ ♪for all the love i found in you♪ ♪for all the love i found in you♪ i love you too daddy. ♪you're the one who saw me through♪ ♪through it all and thanks...for, everything. ♪you were my strength when i was weak♪ ♪you were my hopes when i couldn't speak♪ ♪because you loved me
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lauren: 5:15 a.m. in new york in the cape cod apple is happening now. donald trump hopes to refocus his campaign with a plan that includes big tax cuts. hillary clinton says it's nothing more than triple done -- trickle-down economics. a major address on thursday. disney with earnings today. analysts expect $1.61 a share. investors will be focusing on the number of espn subscribers. american swimmers lily claimed and greg murphy won gold medals in rio last night. tonight, michael phelps will try for his 20th gold medal.
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checking in on stock market futures this tuesday when he dow step 12. s&p futures up one point, nasa teachers union three. here's a look at the headlines in today's edition of "the wall street journal." the meltdown reflects aging technology is a spokesman for the company says its technician who responded to the airline's problem concluded the issue involved a piece of equipment that is like a fuse box at your home. new rules and fresh headaches for short-term borrowers. could make money market finds on a crucial funding and also foreign banks. viewers complained about too many olympic ads. the volume actually fell. commercial time during the opening ceremony was down almost 19% from the 2012 olympics.
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but these are stocks to watch this morning. after hours getting crashed. within 5% in extended trading. also the namesake brands of cap. valid pharmaceuticals to expect or quarter results compared to illustrate this time. the drug make renouncing its relaunch of the two real and infection treatment discontinued faster because its supplier problems. shares of global folly nearly 2% in after-hours continued weakness in the business drove a decline in revenue. lauren: and epic wildfire that killed one person and blackened 60,000 acres in california forced to shut gained a scenic highway one. at the olympics, to mark gold medals for the u.s. last night.
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lilly kane won the 100-meter breaststroke with a doping record. ryan won the gold in the 100-meter backstroke. stock index futures setting up for a relatively flat open this tuesday morning. dow futures gain in 11 points. s&p futures up not even one point. we had a small pullback on monday. you are watching "fbn:am," your first look at morning markets and breaking news. ♪
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nicole: welcome back. 5:21 a.m. the latest in the world of sports. excitement at the own pics yesterday. bad blood over the doping issue hanging over this matchup and one clean spammer wanted that is american lilly kane. she beat the russian swimmer and the 100-meter breaststroke last night. king led all the way to the gold at the russian swimmer had a record doping and was originally banned from the olympics and is that the decision overturned. we are not saying she's doping right now. king stared her down a bike down a biker gang credit for the event and settled for the silver. the bronze was an american. ryan murphy was gold medal in the 100-meter backstroke to keep the u.s. streak alive. the americans have not lost in men's event since the barcelona games. they rallied to pull out the win.
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another american 30 wrote david palmer got the bronze and his first trip to the olympics. michael phelps on track for a 20th gold medal. phelps won out strong and a little bit in the final 50 to save his energy for the final. the american men's basketball team got off to a slow start, but then they outscored venezuela 30-8. the final score was 113-69. the american women's basketball game got off to a sloppy start and then regrouped and pulled off with the wind. one third and-69. but those two the same exact scores? the women and men both won. >> go u.s.a. 19 medals so far. fires continued to burn in california for saying the closure of a portion of one of the most famous highways in the country. the blaze forced down a part of scenic highway one near karbala
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by the sea. it is expected to be closed in both directions. another fire that broke out sunday in san bernardino county for the evacuation of 25 homes along two major highways. >> i've only been here about a year. this is like my dream house. "the guardian," trees, house. it is tough. lauren: 35 major wildfires have built half a million acres, most of them in the west. nicole: let's get a look at your tuesday forecast. maria molina here with the very best. >> good morning. tracking potential for flash flooding out of parts of florida. whether bringing in areas of heavy rain across northern florida and price of the west coast and that continues early this morning and could last for several more days. that's why we have different for flooding. watch is in effect out there.
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the potential forecasters said. tc 46 inches of additional rainfall in heavier amounts possible. some of the purple shading with eight to 12 inches of rain. just north of tampa, florida extending into parts of tallahassee about an estate time. she figures to portions of the northern plains we have to start insistent tapping into some very humid air and room temperatures and understands that could bring some isolated severe weather also into parts of montana with damaging winds, large hail and a tornado will be possible in this trend continues eastward. great american impact or is that the dakotas again and also across portions of minneapolis, minnesota. temperatures have been talking about the heat across the center of the nation continues yet again today. 94 degrees for high temperature. take a look at texas. another scorcher across that
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stage. factor in the humidity across portions and it is going to be a very hot day today. a look at the forecast in shreveport louisiana could feel like 107 degrees. further north it could feel like 1105 in dallas. lauren and nicole, over to you. lauren: thanks, maria. pareve derivations for the economy. trent promising big tax cut and hope for childcare. hillary clinton attacking trompe after his speech. >> he wants to basically just repackaged trickle down economics. lauren: the latest on that battle. watching disney earnings after the close today. here's the key question. can espn rapid subscriber growth again?
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lauren: breaking news this morning. entrepreneur clinton battle over the economy. big tax cuts for americans. other clinton calling that trickle down economics. good morning. i am lauren simonetti. nicole: good morning. i am nicole petallides. yesterday touched on the pullback. dow futures at 12. s&p futures up on. lauren: denis k-kilo sub .7% in china to shanghai composite gaining .7%. nicole: oil prices shooting up 3% on top of possible opec production increase.
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prelates of the slot down 4 cents a 4299 a barrel. lauren: the airline tries to get back on schedule after an hour-long worldwide ground stop yesterday. the ceo starts apologizing to passengers. >> dyspnea big earnings story today. the key question is can espn get back to subscriber growth. both say what to expect. nicole: tumor gold medals [-left-bracket billy king was the 100 greater pressure over a russian swimmer with a doping record. ryan murphy wins the gold in the backstroke. nicole: go u.s.a. 5:31 a.m. we welcome you to "fbn:am," the first look at today's practice, the latest break-in is and what to expect but they had. lauren: hillary clinton strongly criticizing donald trumps economic proposals while campaigning in florida.
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>> his tax plan will give super big tax breaks to large corporations and the really wealthy. just i can than the guys who wrote the speech. he wants to eliminate the consumer financial protection bureau, which has saved billions of dollars for americans. >> this comes as trump slams clinton and the major economic policy speech. blake burman's details from michigan. >> speaking for the detroit economic club monday in a parade of protesters from a donald trump released part of a reworked tax plan. trump was introduced by his running mate mike pence and that a new bracket which would call for rates 12, 25 and 33%. trent praises the first rate for the wealthiest of americans who he said would get their fair share. he also proposed dropping the top and business tax rate to 15%.
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they received a standing ovation. >> under my plan, no american company will pay more than 15% of their business income in taxes. in other words, we are reducing taxes from 35% to 15%. reporter: his plan would allow for the expensive child care while companies of money parked overseas would be allowed to bring it back at the rate of 10%. more plants will also be rolled out in the coming weeks. back to you in new york. nicole: blake burman carrots thank you. donald trump will be in mourning for marie at 7:00 a.m. eastern time. don't miss it. lauren: a group of officials signed an open letter saying they will never vote for donald trump. the letter says we are convinced that he would be a dangerous president and will put at risk
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our countries national security and well-being. most fundamentally, mr. trompe box carrots air, fire and experience to be president. >> trump responded with this statement. they are nothing more than failed washington of these looking to hold onto their power and it time they are held accountable for their actions. some republican officials include cia director michael hayden and former secretary of homeland security tom ridge as well as michael chertoff. >> the parents of two of the four americans who died in the 2012 benghazi attacks when hillary clinton. patricia smith is the mother of sean smith. the lawsuit alleges clinton's use of a private e-mail server contributed to the deaths of their sons. they're also suing for defamation. in response to the lawsuit, there have been nine different investigations in this attack and then found any evidence whatsoever of any wrongdoing on the part of hillary clinton.
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nicole: paul ryan making a final push for his congressional seat. ryan faces a challenge to republican rookie paul neyland in today's wisconsin primary. new-line got an unexpected boost after donald trump praised him last week. no house speaker has lost a primary and modern u.s. history. >> one of the things i'm doing is talking with manufacturers about what we can do to make manufacturing were successful in america. the committee to to have more jobs in america. >> august 9th will be wisconsin's independents. nicole: following criticism from gop leaders, trump and doris ryan at a rally and green bay wisconsin on friday. >> the mother of a crying baby come into donald trumps defense after he supposedly kicked her baby out of a rally last week in virginia. the mother is defined beeper and fox news hannity last night
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saying she was halfway out the door with her son after he started crying when trump suggested she take them out side. the sin. >> it was so blown out of proportion. i knew he was choking from the beginning and he may fight as such a situation the other matters consider stressful themselves. it was great he provided comic relief because it did take the stress off of it. >> shabazz and insulted adding that she did not tear trump's comments about getting the baby out another parent about it when she saw in the media after she got held. >> she's a true trump then it came out in support of tribe. delta airlines will be handing out travel vouchers as the carrier works to recover from yesterday's crippling computer outage. at least half of the flights were either delayed or canceled and more delays are expected today. the company ceo ap to
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customers in this personalized video message. >> i appreciate the hard route the delta team in the delta people are doing to bring our system back up as quickly and safely as possible. i apologize for any inconvenience this has caused. nicole: delta says investigating the problem, shares of delta air lines of delta air lines posts and two thirds of 1% yesterday. lauren: earnings from another player and the media industry. while disney expected to report approved third-quarter results that investors will be listening for new scientist news for network which is facing a decline in a decline in subscribers. in november, just inside the subscriber count had fallen to 92 million. the lowest since 2006. nicole: meanwhile, news corp. swung to a profit off their legal sentiment. the company reported growth in its broken digital units on
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newspaper advertising remained weak. the 21st century parent of the fox business network is part of the same company until mid- mid-2013th. lauren: let's do a market check overnight in a shaky and 5.7% in china for the shanghai composite and in japan for danny kaye. the cost in south korea and the head came -- nicole: right now i popped in europe about one third of 1% chance for the london ftse. caci path they% in france and the german dax apostle 1%. lauren: a small pullback for yesterday and now you have a slight gain in the futures market. data features of nine. us and the features not not even at the point. nicole: we've been really narrow. pulling back one point yesterday made it not a record. the second-highest close. if you miss a backup appliance, a close today. let's check out oil after he
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jumped yesterday down 3 cents. hold down $2.20 at $13.39 a troy ounce. lauren: to your flat versus the dollar. the pound weaker. look at the pound at 129. the canadian dollar weaker versus u.s. dollar this morning. nicole: turning to the 10 year bond yield. 1.57%. lauren: what is ahead for the rest of the year? vice chairman of blackstone and pfizer partners told liz claman on countdown to the closing bell that he sees moderate decline. >> i said the market is going to be down. i'm not forecasting a bear market. i'm only forecasting the market down between zero and 10%. lauren: the economic fundamentals remain favorable for stocks. nicole: the recruiting firm expanding a job search that the
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website to $425 million to pick a dutch firm says expect to complete this via in the fourth quarter of this year. monster has been around since the.com boom and will keep its brand, will operate as a separate entity. luster worldwide posted 13 cents at $2.77 a share. >> a big net for american swimmers last night. one of the top events featured a russian known for doping. it can lilly kane. kane beat the 100-meter breaststroke. originally banned from the olympics for doping but have the decision overturned. king stared her down before the event, even whack her finger at her. after the race, she said it's incredible just winning a gold medal and know when i did it clean. the bronze went to america and katie knightley. nicole: american ryan murphy wanted the backstroke.
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they've not watch the men's event since 1992 barcelona games. really turned it on at the finish and pulled out the win for the gold. the first olympic 30-year-old american won the bronze. lauren: michael phelps is on the verge of a 20th gold medal. he posted the second fastest time of the 200-meter butterfly. backed off a bit near the end, saves his energy for the final tonight. nicole: coming up in the delta ceo apologizes for about planes yesterday. >> i apologize for the challenges this has created for you. the delta team is working very, very hard to restore and get systems back as quickly as possible. trent to "the wall street journal" says the problems are races under the symptom of aging technology. stacks getting crushed after reporting the latest sales fell
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nicole: despite 45:00 a.m. let's get caught up when that's happening now. the economic plans includes big tax cuts. ella clinton says the plan is nothing more than trickle down economics. printing such an answer on proposals in a major address on thursday. disney is that with earnest today. analysts expect $1.61 a share compared to $1.45 last year. investors focus on the number of subscribers. american swimmers lily king and ryan murphy won gold medals in their events.
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tonight, michael phelps will try for his 20th gold medal. the u.s. stock market features after we defeat the s&p touched a high yesterday pulled back a little bit. back in the green up one. now features a beloved and nasdaq futures up three. >> let's take a look at the headlines. delta smelt down reflects aging technologies. this technicians who responded to the man's problems yesterday concluded the piece of equipment like a fuse box at home. new rules and fresh headaches for short-term bars move to make money market funds safer on a crucial funding source as well as foreign banks. viewers complain about too many olympic ads, but the volume of the ads actually fell. commercial time during the opening ceremony and three of us about 19% for the london
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olympics. the list this morning something more than 5% in after hours after the retailer with 4% in the month of july. banana republic and its namesake stores. pharmaceuticals to post lower quarterly results compared to last year at this time. the drugmaker announced in his relaunch of bacterial infection treatment was discontinued but the supplier. the company swung to a net loss in its latest quarter as continued weakness in the car rental business drove a decline in revenue. nicole: coming up, and at that wildfire that killed one person in black and acres in california. the shutdown and highway one and the latest there. two more gold medals for the
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u.s. last night. lilly night. lily came when the 100-meter restaurant with a doping record. ryan murphy won the gold in the 100-meter backstroke at all the highlights coming up. stock market futures at the dow futures up to the event. s&p futures checking on which possible opec raised will discuss that. right now we just saw turned back into the green gaining 5 cents. you are watching "fbn:am," your first look at morning markets and breaking news. see you after the break. ♪
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lauren: 5:52 on the dot. talk about the olympics. yesterday there was bad blood over the doping issue hanging over this matchup in the clean swimmer one. lily king beat rush ends and the 100-meter breaststroke last night. king let all the way to the gold. the were originally banned from the olympics. king had stared her down, back her finger before the event. the bronze with two american katie knightley. ryan murphy won the gold medal in the 100-meter breaststroke.
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the americans had not lost the men's event since the night he 92 barcelona games. murphy rallied in the final to pull up the win. 30-year-old david palmer got the bronze in his first trip to the olympics. how nice. michael phelps on track for his 20th gold medal. he backed off in the final energy. serena williams. a second conservative overt trances her sister venus also lost. the team has 19 total medals, behind team u.s.a. china was third teamed with 10
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>> forcing the closure of one of the most famous highways in california. the blaze that killed one person, forced to shut down the scenic highway one near cartmell picked up a to be close traffic in both directions told this evening. another fire that broke out in san bernardino county forced the evacuation of 25 homes along two major highways. >> i've only been here about a year. nicole: 35 major wildfires in 12 states, mostly in the west. lauren: let's get a literature for a cast of maria molina. >> we have the threat of flooding across the u.s. unfortunately i fell associated with the pressure lingering
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here. it brings in heavy rain across areas north of tampa and also further across portions of icann. the forecast is for the rain to continue for several days.sunspa foot of rain. a number of flash flood watches issued all across portions of florida. northern plains and in the north in brackets but this isn't done bring in the risk for severe weather. damaging winds, large hill and isolated tornadoes possible adelaide today, but into tomorrow as this trend continues eastward. some of the strands could bring severe weather. temperatures across the east are not too bad. the operators in new york, as we head further west, look at numbers from rapid city operate down to texas to either go into the 90s or the triple digits in denver and 94 could be
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100 degrees in houston on the problem in houston is an element it's going to be hot, but also that is going to be very humid. the forecast heat index values climbing throughout the afternoon in places like houston and later on today could be like 108 degrees as people head outdoors. otherwise in places like memphis if you like 100, one 03 in shreveport, louisiana. >> that means a lot of bad hair days. nicole: coming up, we will hand it over to martin cytherea. maria has donald trump today. dow futures at bay. s&p futures up on plan. nasdaq up to you. you are watching "fbn:am." stay with us.
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donald trump and hillary clinton sparred over their plans to jumpstart her up in the u.s. >> my plan will reduce the current number of brackets from seven to three and dramatically streamline the process. for many american workers, their tax rate will be zero. >> he wants to roll back regulations on wall street. i want to tighten them and make them cover more people. he hasn't offered any plans about infrastructure except building the ball and having mexico pay for it. maria: donald trump still facing questions over his temperament. 60 republican national security experts wrote a letter saying trump would be the most reckless president in american history. reaction when donald trump during smith later this morning right here live. do follow for hillary clinton or private in the scandal.
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