tv After the Bell FOX Business August 17, 2016 4:00pm-5:01pm EDT
4:00 pm
>> we believe you're three years away from recession. we don't believe there is recession anytime soon. liz: thank you, john treanor, people's united. [closing bell rings] the fed is attempting, not succeeding to take the air out of the markets. there is closing bell. ashley, melissa, interesting to see green on the screen here. ashley: interesting day, liz, thank you very much. stocks fighting for gains in the final moments for trading. i'm ashley webster, in this afternoon for david asman. melissa: i'm melissa francis. this is "after the bell." we have you covered on the big market movers but first here is what else we have for you coming up this hour. major shake-up in the trump campaign, as new polls show him trailing double digits in key swing states. how hillary clinton is responding. trump blaming democrats for taking advantage of the african-american community. activist and niece of the late martin luther king, jr., will join us with her take coming up,
4:01 pm
alveda king. russia teaming up with iran to bomb targets in syria. the message they're sending to the obama administration. ashley: let's get back to the markets. shares higher led by shares of 3m, -- pfizer around dupont. oil and bass higher. scott shellady has details from the cme and adam shapiro on floor of the new york stock exchange. adam, you're looking at home improvement stores, lowe's versus home depot, right? reporter: ashley, home depot had better-than-expected earnings report thanks to the stock market. it was lowe's that was down as well today. lowe's actually cut its earnings forecast for the year. they say they got hurt by of all things, a colder than expected may. they were blaming the weather in the united states. also, fewer big-ticket items getting sold at their stores. take a look also, check out staples. staples was down big-time today. they lost almost 7%.
4:02 pm
the value in those shares. they're having a series of problems, but another quarter of losses there. this is their 15th straight quarter of declining sales. they intend to close stores. they need to pick that up, according to investors. talk about a bright spot, urban outfitters, go figure, at one appointment it was up, when you consider, 60% year-to-date. they had better-than-expected earnings report. investors like this a great deal. the stock was up today, something like 16% just in today's trading. ashley, back to you. ashley: that is a good day, adam, thank you very much. let's go over to scott. oil climbing, scott for the fifth day in a row. i'm sure the inventory numbers today more than we expected gave it a boost? >> yeah, and i think geopolitical tensions. ash, we really didn't go 20 to 40 cents outside of home. it is about the dollar and what fed would say and how dollar reacted, after the fed came out with no change. we saw what the dollar did. slowly but surely weakening
4:03 pm
here. i think that will be a good thing for all commodities especially gold and oil. we build a little bit after base on geopolitical tensions, number one. number two, if the fed trips at first fence you see dollar get weaker and weaker that helps the oil price. today was more about the fed than anything else. the fed gave it a boost by doing nothing. melissa: classic. scott, thank you so much for that. ashley. ashley: sorry, melissa. investors bracing for a rate hike. minutes from the federal reserve suggesting rate increase could come as early as next month. we've been saying about that for a long time. let's bring in our panel. jonathan hoenig from capitalist pig hedge fund, i love it and veronica daguerre from "the wall street journal" joining us. thank you both. veronica, first to you, sounding more hawkish, but seems to me this is a fed that has 17 different opinions. ultimately it will come down to janet yellen.
4:04 pm
let's face it, she always seems to take the cautious route. can we expect a rate hike next month? >> it is still possible but if you look ath market, the market basically shrugged off possible comments it is still on the table. i think they will keep their options open. if you look at the fed how it broke down today, you have three different camps. the camp says raise right away, let's wait for more information. let's get, we're getting a little closer to where we need to be. so i think there is still this open-ended, we're not not sure what to do stage. if you look at market. they're not seeing that at all. ashley: you could argue they didn't know what to do for years. >> we're in uncharted territory. a whole generation of investors don't remember era, even quasi-normal interest rates. 10-year was 5% back in 2007. now the dow is higher than it was there, and barely at 1 1/2%. ashley, a third of the world's is rin -- sovereign debt at
4:05 pm
negative interest rates. as investor you have to throw up its hands. fed is looking for inflation. scott shellady talking about gold strength in its rates. i'm short bonds and quite worried about stocks. melissa: interesting. target same-store sales falling first time in two years, disappointing growth in the grocery business challenging environment. veronica daguerre, what has the world come to when you can't count on target? they have blown it with groceries. they're not organ. they complain things on the shelves going bad because groceries are not buying groceries there. >> they are more expensive than walmart. why would you go to target for your groceries? if you're not going to target for the groceries you will not go into the other aisles as well. groceries is issue for them. electronics is an issue.
4:06 pm
apple sales down 20% in the quarter for target. those are two issues specific to target. they're also dealing with larger issues in the retail environment like, lot of people going online to buy their goods. a lot of foles are transferring their money. yeah, they may have a little more in wages but they're buying things like travel experiences or inentertainment. they're not buying a new dress. melissa: jonathan, one of the things about target, a little sassier and high-end. i see things that i like people have. they say they got it at target. yet they have a website out of 1930 before we had the internet. it doesn't work. shipping is really expensive. the stuff never shows up. so it is sort of, that seems to be one of the biggest problems they have is the website problem, right? >> yeah -- melissa: how do they fix it. >> extremely competitive, melissa. certainly maybe the mid 2000s. there is the no monopoly in free market. so many competitors biting at their heels there.
4:07 pm
forget brick and mortars like costco which is much better stock, walmart buying jet.com to compete in the space. double-whammy with target. problems on micro level with the store. a big macro level how do you compete with online options. this is stock -- >> hold on, guys. cisco out with fourth quarter report. go to adam. he has all the numbers. reporter: they beat wall street estimates but compared to last quarter, revenue, 12.64 billion. street was expecting 12.75 billion. earnings per share is a beat. 63 cents. earnings per share same time last year, only 59 cents. the street was expecting 60 cents. the stock had been down in the after-market about 3%. now it is down about 2%. they beat what wall street expected but they're still compared to the same quarter last year, revenue is down. according to the ceo, this is a quote, we had another strong quarter wrapping up a great year. i'm particularly pleased with our performance in priority
4:08 pm
areas, including security, data centers, switching, collaboration and overall performance with revenues up 2% in the fourth quarter, excluding sale of the cp business. chuck robbins, ceo of cisco checking in on that. melissa: adam, thank you so much for that. ashley? >> shares of cisco have been sliding today. we're going to check that report as more details become available. the company may be planning to lay off 20% of the his workforce that would be roughly a little more than 14,000 employees in the coming weeks. cisco does have a history of summer layoffs, announcing four figure cuts every fourth quarter from 2011 through 2014. so, do we have time quickly to ask the guests on this? jonathan, let me ask you about that, we don't know this is for sure. it has been widely reported, we'll wait for adam to confirm it, if they cut 20% of the workforce, on one hand is it good thing they're cutting down to the core to be lean and mean or does that signal problems?
4:09 pm
>> unfortunately, ashley, what is bad for main street in this case will be good for wall street. the stock is going to like this. i know it is down a little bit in the after-hours. cisco is one of the old soldiers. it is $30 stock. it was $80 stock in 2000. they have to reformat the company to survive. think i they're doing that in that case job cuts will be necessary and market likes it as a result. ashley: with you will at tech names, veronica they're talking about transitioning to the cloud where the future is. is cisco in that same boat? >> exactly. that is what they need to do. that is what analysts have been looking for a while from them. they wanted leadership from the new ceo to see if he is willing to make big cuts if in fact the cuts are happening to adapt the business to a very changed world where hardware is no longer king. it is software, it is cloud computing. it is subscription revenue. that is what analysts want to see. like jonathan said, wall street would definitely welcome the cuts as they reabsorb and
4:10 pm
reorganize towards business lines actually making money and growing. ashley: reduce cost is the name of the game. let's go back to adam shapiro at stock exchange with more details? reporter: cuts are 5500 positions% of the global workforce. we will take the action under this plan beginning in the first quarter of 2017. there was a report in crn which said it would be 14,000 people, and it would be much larger portion of the 20% of their global workforce. this is only 7% of the global workforce. number is 5500 to start in the first quarter of 2017. crn report quoted people within cisco saying that they will catch up as we heard earlier commentator say. they need to catch up with cloud computing. need to shift from hardware into software. that seems what they are going to do here. they promise restructuring will not only eliminate but reinvent substantially all the cost savings from these actions back into the businesses and continue to aggressive invest in focus our areas of future growth,
4:11 pm
i.e., cloud and analytics. ashley: thank you, adam. 5500 job losses as opposed to 14,000. better than feared. melissa: as more insurers bail with obamacare you could be left with no coverage, and on the hook for a big fat fine. how is that possible? what you need to know about the future of your health care plan. ashley: fbi turning over notes on the interview with hillary clinton in congress. but the information is so classified. how classified? no one on the committee has complete access to them.pens no? melissa: that is insane. donald trump getting down to work with leaders in law enforcement in new york this afternoons as questions surround a new campaign shake-up. >> what paul manifort and rick gates have done last five or so months building up the campaign is phenomenal. took us to a place where need to be in the homestretch. you need to add talent and more people. it is very busy time getting to last 12 weeks of the campaign. medicine. i talked to my doctor and found a missing piece
4:12 pm
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. do not take breo more than prescribed. see your doctor if your asthma does not improve or gets worse. ask your doctor if 24-hour breo could be a missing piece for you. see if you're eligible for 12 months free at mybreo.com.
4:14 pm
hey how's it going, hotcakes? hotcakes. this place has hotcakes. so why aren't they selling like hotcakes? with comcast business internet and wifi pro, they could be. just add a customized message to your wifi pro splash page and you'll reach your customers where their eyes are already - on their devices. order up. it's more than just wifi, it can help grow your business. you don't see that every day. introducing wifi pro, wifi that helps grow your business. comcast business. built for business.
4:15 pm
ashley: donald trump announcing major change in camp leadership and receiving his first national security classified briefing. blake burman standing by in washington, d.c. with latest. blake? reporter: after weeks of slouching poll numbers donald trump is bolstering up the staff. kellyanne conway, long time pollster is campaign manager. paul manifort is the still campaign chairman. but the one capturing most attention, steve bannon, he will step aside at top post of popular conservative website breitbart to become the trump campaign ceo. that has many speculating trump could pick into more anti-establishment roots until 12 weeks of election day. campaigning in ohio today, hillary clinton reacted by
4:16 pm
saying trump's staff can change but the candidate can not. listen. >> he is still the same man who insults gold star families, demeans women, mocks people with disabilities, and thinks he knows more about isis than our generals. reporter: back to trump for a moment because he is in new york city. he held a roundtable discussion earlier this afternoon focusing on defeating terrorism. he is also set to receive his first intelligence briefings legally afforded to him as the republican nominee for president. we saw his motorcade enter the fbi field office earlier this afternoon. now for trump to become the commander-in-chief in about five, six months time, he will likely have to make super russ ground in several key swing states. the latest polling out from quinnepiac university shows him trailing in iowa and in colorado, and virginia, by double digits. to clinton. ashley, back to you. ashley: ouch. blake burman.
4:17 pm
thank you so much. melissa? melissa: just as donald trump is shaking up the campaign staff, he is looking to launch the first tv ads in battle ground states. ken mckay, rebuilding america now political director. he is here with me. a lot of people saying where is the money on ads? are you happy that he is now spending alongside of you? >> yeah, thrilled. i think more money. we're getting killed by the democrats right now. they have been spending tens of millions of dollars, all-in, probably spent about the 65. melissa: we have graphic we want to show you. this is what donald trump has spent, zero. pacs like yours have spent $12.4 million. but that pales in comparison to what hillary clinton has spent, 61 million from their campaign. and 43 million from outside groups. the question is, can the ads catch up, both from your side and donald trump? >> sure. we have to keep raising money. as this election -- she should have closed this thing out a long time ago if you believe what everybody said. had awful weeks, everybody is
4:18 pm
complaining. she can't seem to close this out and we're not even labor day. votevoters know they simply can't trust her. a pac like ours, rebuild america now, raising money and highlight her with ads. melissa: he is getting killed in the polls, we saw that, when they put numbers up, he needs to turn around trend. one of the things he has done replace or put in new people at the top of his campaign. how do you feel about the changes? to democrats it signals weakness. how do you battle back. >> to the democrats they say it signals weakness. this is campaign. they will do anything you do, say this about it. say something negative bit. and so there is all the staff shake-up stories. i don't see that. i see a campaign that is adding people. they need to add people. it has been, reputation -- melissa: the people in particular. do you think their tough? how would you describe them? >> i don't know the gentleman but i know he has excellent background. melissa: steve bannon. >> former navy guy. mba from harvard. was a banker at one point.
4:19 pm
i think he is a probably a great ceo. with respect to kellyanne. she is wonderful. a great messenger. calming and good. she is great to have on the campaign. melissa: what is your impression of change in tone? we've seen two speeches in a row, strictly on problemmer, very controlled. i want to show you -- on prompter. he is showing himself. this is about getting a briefing and talking to political leaders. can we put up video of him at the table? it is, so the point of this visual, this is why i want to put this up, putting this video out is about showing him listening and working. there is no audio here he has no chance to sort of say anything wrong. but what they're showing is him doing his homework, which has been one of the big critiques. do you like this approach? >> sure, it is good news. this is not new. just something you have to get out there every day, you have to combat the machine built against you. the clinton machine is huge. that is why when we talk about staff, she started with hundreds
4:20 pm
of people because they use money from folks who want to keep career politicians in power. donald trump built insurgency. he will tear the doors off washington. that money is slow and harder to get. as he is getting it, adding staff. i think steps are great. melissa: we didn't talk about the fact they're pulling one of your very effective ads, one of the dead broke ads. we'll talk about that. >> i would love to come. melissa: ashley. ashley: melissa, thank you. earnings news for you. shares of l brands, that's the parent company of victoria secret and bath & body works up 3% after beating on second-quarter earnings. the company also reporting a 3% increase in comparable store sales. that stock moving higher after hours. >> melissa: vowing to restore law and order, donald trump slamming democrats for betraying the african-american community only days after a fatal police shooting sparked more riots in washington. coming up, alveda king, the
4:21 pm
niece of dr. martin luther king, jr., responds to trump's plan. sounding the alarm on another attack on american soil. >> it will happen again because there is something wrong. until we figure it out we have to stop it. at ally bank, no branches equals great rates. it's a fact. kind of like bill splitting equals nitpicking. but i only had a salad. it was a buffalo chicken salad. salad.
4:23 pm
4:24 pm
ashley: russia and iran are teaming up for the very first time iranian bases used by russian aircraft to bomb targets in syria. the unprecedented move raising concerns about the u.s. being pushed out of the middle east. here now, lieutenant colonel ralph peters, fox news strategic analyst and author of, "the dammed of petersburg." colonel, thanks so much for joining us. okay, we had russia's recent detente with germany. they're operating planes out of iran. what does it mean for the u.s.? is it vindication of lack of action by this administration and putin just walking straight in? >> it is certainly that and also it is making it explicitly clear
4:25 pm
that any candidate thinking we could be good buddies with vladmir putin is wildly wrong. what we're seeing is, vladmir putin, playing still relatively weak strategic hand brilliantly. he is not going to be our ally. he will not be our friend. he is resentful toward us. he wants us gone from the middle east. he wants us gone from the baltics and wants us gone from eastern europe. he is building this new axis of evil if you will with iran. he is trying to bring nato member turkey. trying to pull turkey out of nato. it would be ironic at very time vladmir putin is staging bombing missions over with most sophisticated bombers out of iran we're in danger of losing access to incirlik air base because of president erdogan in turkey. ashley: let me change gears a little bit, colonel. listen to a sound bite we have from donald trump, talking about
4:26 pm
what he believes is unvetted influx of immigrants into this country raises possibility, he says almost certain there will be another attack on american soil. listen to this. >> we can be nice about it, we can say it will never happen again, but there will be more. what we're doing by allowings, thousands and thousands tens of thousands of people in here we don't know anything about, it will happen again because there is something wrong. until we figure it out, we have to stop it. ashley: do you think an attack is imminent on u.s. soil, colonel? >> i certainly think there will be more attacks on u.s. soil. there is no question about it. the question of course, what scale will those attacks be? who will do it? ashley, while our immigration system desperately needs, desperately needs reform and we need to be much stricter who we allow into this country, we need new criteria over all but beware simple solutions to very complex problems. if you look at since after 9/11,
4:27 pm
who staged attacks on american soil? overwhelmingly people who were here legally, often self-starters, people who were converts to inr -- to islam or second generation, major hasan. we need comprehensive approach. not that we can fix it by cutting off immigration from country x. if i could do one thing, one thing to cut down on radicalization here at home, i would come down hard on this saudi-funded, gulf arab funded hate mosques, salafist mullahs, responsible for these conversions. you have to do that in tandem with everything else including reform of immigration system. no easy answers. ashley: no, that's for sure. we have to leave it right there. thank you so much as always, lieutenant colonel ralph peters. thank you. melissa: hillary clinton slamming trump in the battleground state of ohio. what the democratic nominee said about his tax plan.
4:28 pm
4:29 pm
[announcer] is it a force of nature? or a sales event? the summer of audi sales event is here. get up to a $5,000 bonus on select audi models. get between you and life's dobeautiful moments.llergens flonase gives you more complete allergy relief. most allergy pills only control one inflammatory substance. flonase controls 6. and six is greater than one. flonase changes everything. ♪
4:31 pm
4:32 pm
fox news's jennifer griffin is in cleveland with the latest. jennifer? reporter: hello, ashley. clinton spoke to about 2300 supporters here in cleveland. she did not talk about the changes at the top of the trump campaign but her campaign manager, robby mook, did do so in conference call with reporters in which he talked about the "breitbart news" director executive, steven bannon, who has been promoted by trump. >> donald trump has decided to double down on his most small, nasty and divisive instincts by turning his campaign over to someone who is best known for running a so-called news site that peddles divisive, at times, racist, anti-muslim, anti-semitic conspiracy theories. reporter: clinton focused instead on trump's refusal to
4:33 pm
release his tax returns, and on trump's proposal to give tax breaks, she says would give him and his family billions of dollars. she attacked him what she calls the trump loophole. >> he wants to give tax cuts to big corporations, millionaires, wall street money managers. he is even created a new tax loophole that we call, the trump loophole. [laughter] because it is really good for trump. it would let millionaires and billionaires cut their tax rate in half. reporter: in essence she says he would get rid of estate tax. she was the john marshall high school in cleveland which under wint multimillion-dollar renovation. is a model of addressing regional skills gap. school of engineering for high school students, school of information technology among other things. clinton argued that the
4:34 pm
$4 billion trump's family would save with his tax plan would be enough to provide health care for every veteran in ohio. ashley? ashley: jennifer griffin in cleveland. thank you, jennifer. melissa: hillary clinton's fbi file landing on capitol hill. it is missing a little bit of information though, i got to be honest. the fbi handing heavily redacted documents to congress from the investigation. the information is so classified even the oversight committee chair doesn't have class security clearance to read it. we have jessica tarlov and kirsten, said nothing in the email, they're in one of those scfs, people can't look at them. >> right. melissa: just about yoga, how is it all redacted? >> apparently very private yoga classes. it is really hypocritical, there can't be nothing to see here but at the same time these emails can't be read. what is fascinating clinton
4:35 pm
campaign said we want the emails to be released to public but think know they legally can not with redactions with very sensitive information classification of material, it can not be released to public. that is more after play hey there is nothing to see here but we know that is not the case. what is frustrating is the fact moist people, just, they're sick of hearing about email scandal. they haven't followed necessarily the twist and turns of the story. it is increasely complex. they are living their lives. they get desensitized to increasing revelation. melissa: you tune in now, and see emails were supposed to be about yoga can't be read by anyone and can't be taken out in public and can't see the light of day because it is too dangerous. if you're tuning in right at this moment, wait a second. >> i think, i take kirsten's point, i wanted to add, yes american public is sick of it, over 60% are done listening hearing about the emails, this has taken incredibly heavy toll on honesty and trustworthiness numbers. she has pulled even, if ahead of
4:36 pm
donald trump who we know has a penchant for lying. if you take that into frame here, i think actually these emails have really significant hurt her, even though she didn't end up indicted. we have heavy redactions. so i think this is, when you read any coverage of what is going on with the campaign, surging ahead in battleground states, nationally this is still doing her. melissa: yeah, it has been a successful strategy, kirsten in the past. so seems like it makes sense to go back to it. that is why the republicans without question would do it and bringing up the idea of also her perjuring herself. when you look at video back-to-back what she said, what comey said, what she said, what comey said, it is very compelling although another one where it is all about the optics because whether it qualifies or not, no one thinks the doj will do anything about it. >> exactly. this is all part of a broader plan. oversight committee and judicial committee said we want to take the perjury allegations further. that is why they requested all the documents in the first place. they sent it to the department of justice.
4:37 pm
the justice department said okay we'll take this seriously we'll look into it. they haven't given timeline to make a decision. none of this will really happen before the election. really just is about keeping to push the image of hillary clinton, she is untrustworthy. now, i personally as a conservative would like to see republicans focus more on solutions for health care, solutions for economy policy because congress, republicans in congress have record low approval ratings. i would like to see them -- >> we saw this not work so well with benghazi. that is the thing, democrats would ride this, go ahead. we had nine benghazi investigations, all cleared her -- melissa: email thing hurt a lot. i would say, we talk about how we want to talk about policy, talk about positive things but, does that work in campaigning? i mean on both sides, it does really think like over time negativity works. >> we're also in unpress dented negative campaign. we have two candidates who are both disliked and distrusted. you're hitting a kind of a low in different way here. i think it does work.
4:38 pm
anyone who, is on donald trump -- melissa: positive works or negative works? >> talking about policy obviously donald trump will say negative things about hillary clinton's policy and will do the same to him. we know americans vote on economy and terrorism, those will be the hot-button issues, we do need to hear about policy we need to know what the tax plan will do for average american, how you will raise wages. what your plan to combat isis, how you will secure the border, pathway to citizsh these are things americans care about. the republicans are smart to keep the thing around. i don't think it will win it for them. talk about issues. where donald trump, i don't think he shines really ever, but when he does shine, i think when he is talking about policy. melissa: we've got to go. as accusations pay for play continue, "boston globe" is calling for freeze on all donations, saying this in editorial, this is the "boston globe," by the way, although the charity has done
4:39 pm
admirable work over last 15 years the clinton foundation is clearly liability for hillary clinton as she seeks the presidency. the foundation should remove a political and actual distraction and stop accepting funding. if clinton is elected the foundation should be shut down. interesting. ashley? ashley: melissa, thank you, the national security agency's website coming back online last night after nearly a day after it inexplicably went down. reports are saying data stolen in breach nsa is being sold online. this is raising questions how vulnerable the nsa may indeed be. cybersecurity expert morgan wright is weighing in how concerned we should be about all of this. morgan, nsa, they're the guys do all the snooping and apparently someone is snooping on them. is that possible? >> yes it is. anything, if you put a computer anywhere connected to the internet it will be vulnerable, as smart as our folks are, they
4:40 pm
are truly smart, there are smart people in russia, smart people in china, it is only a matter of time before something happens. this was not a breach as far as we know of nsa's internal network, nsa.net and when you launch malware and cyber weapons, you have to have servers with code somewhere facing internet and that is what may have been breached. ashley: that is concerning. >> yes. ashley: what about vulnerability of voting system in they vote by email. they use the internet. raises questions how people could manipulate the upcoming election. >> we got through talking about email in the previous section. it's a concern. not so much can it being done. s, it can be done if it is small amount, that is one thing. can you imagine in certain county, we know some states tip on based on voting in single county. if you can't trust results from the county, what do you do? all you do give rise to level
4:41 pm
where you cause enough concern, enough distrust in the integrity of the results because you've been able to manipulate it or breach it, or even introduce ran someware. what if you take all results hostage, then what? very dangerous slope we're going on. ashley: morgan, if the nsa, the king of the snoops, can be hacked surely this voting system is very vulnerable? >> it absolutely is. there is not one nationwide system that controls all voting machines. it doesn't have to be but some of this software is old. some of these machines are old we've seen from some of the professors, people looking into this. yeah, it is, anything that is on the internet or been around for 10 years or 15 years and still using same machines, old joke in government was yesterday's technology, tomorrow that may be the issue with some voting machines. it is yesterday's technology. ashley: we laugh but it is not funny. >> it's not. ashley: morgan wright, cybersecurity analyst. great stuff as always. thank you. >> thank you, ashley. melissa: following unrest in
4:42 pm
milwaukee donald trump pointing the finger at democrats for taking advantage of african-americans. the niece of dr. martin luther king, jr. is here to weigh in. >> the african-american community has been taken for granted for decades by the democratic party and look how they're doing. it is time to break with the failures of the past.
4:43 pm
♪ approaching medicare eligibility? you may think you can put off checking out your medicare options until you're sixty-five, but now is a good time to get the ball rolling. keep in mind, medicare only covers about eighty percent of part b medical costs. the rest is up to you. that's where aarp medicare supplement insurance plans insured by unitedhealthcare insurance company come in. like all standardized medicare supplement insurance plans, they could help pay some of what medicare doesn't,
4:44 pm
saving you in out-of-pocket medical costs. you've learned that taking informed steps along the way really makes a difference later. that's what it means to go long™. call now and request this free decision guide. it's full of information on medicare and the range of aarp medicare supplement plans to choose from based on your needs and budget. all plans like these let you choose any doctor or hospital that accepts medicare patients, and there are no network restrictions. unitedhealthcare insurance company has over thirty years experience and the commitment to roll along with you, keeping you on course. so call now and discover how an aarp medicare supplement plan could go long™ for you. these are the only medicare supplement insurance plans endorsed by aarp, an organization serving the needs of people 50 and over for generations. plus, nine out of ten plan members surveyed say they would recommend their plan to a friend.
4:45 pm
remember, medicare doesn't cover everything. the rest is up to you. call now, request your free decision guide and start gathering the information you need to help you keep rolling with confidence. go long™. ♪ ashley: breaking news, that a car bomb exploded in near a police station in turkey's eastern van province near the iran border. we'll bring you more on the breaking news as more details become available. >> the democratic party has failed and betrayed the african-american community. the democratic party has taken the votes of african-americans for granted. they have just assumed they will get your support, and have done nothing in return for it. they have taken advantage of the african-american citizen.
4:46 pm
melissa: donald trump staying on message and railing against democratic party, harshly criticizing their impact on the african-american community. dr. alveda king ask the niece of dr. martin luther king, jr. she is here with me and fox news contributor as well. thank you so much for joining us today. what is your reaction to that. >> thank you for that opportunity. i listened very careful to everything that mr. trump has said in the last 72 hours i agree with so many things he is saying. he has taken a book from my daddy, dr. av king, dr. martin luther king, jr., looking at climate of people and being concerned what is happening in every community across america. in mill walk see he addressed truth, the people in the communities that are being looted and attacked have to be concerned about their own homes
4:47 pm
and their own safety. in any incident young men were at shot would have been to school or at work, we would have different outcomes. melissa: yes. >> i grief with the families. i grief for their deaths but i believe if we fix this flawed system, we're going to have fewer deaths and happier, more blessed america. melissa: there are some points we heard this season from people like ben carson, from sheriff clarke, heard it in our own building from charles payne, this idea that the way the system is set up in a lot of your ban centers where there is a lot of policy promotes a lot of giveaways, that is a form of subjugation than people to go out and do for themselves. what do you think of that line of thinking? >> charles and i had very good discussions, charles payne and i, about entitlement versus empowerment.d if the people are, ben carson, herman cain, many of
4:48 pm
us you will hear, james brown, i don't know if it is appropriate to name his song, he says, i don't want nobody to give me nothing. just open the door and i will get it myself. so we're looking for opportunity rather than entitlement. empowerment, rather than giveaways. i believe that if any of the young men who were shot had had those types of opportunities, the flawed system would not be there and we'd have different outcomes and less grief. melissa: so what does that look like in terms of policy? how do you achieve that? i mean what are some examples you think? >> as we put america back to work as we get better education in our school system and we empower our families and churches to exercise the constitutional rights to help make decisions for our country, america does need to come first, i think it is very true. before you can help someone else outside of the borders you have
4:49 pm
to fix the flawed system. the system is not necessarily broken but it is working in a bad way and we need to correct the flaws. as we do that we'll have more blessed and happy america. melissa: what do you mean by empower churches to do more things? what is that? >> the church in the last few decades has been muzzled somewhat, especially in the last two political cycles with the presidential campaigns and there has been an effort to quiet the church down, stay in your four walls. don't speak outside of your boundaries. don't help the people. if the churches are empowered to speak, if the communities, the people in the business arena, if they're allowed to bring companies back to america and to give jobs back to americans, with a better minimum wage, but with other empowering portions of the system in place, to help
4:50 pm
to help the communities, we'll have fewer riots, fewer debts, much less grief. i believe once we do this we'll have better america. melissa: i'm voting in for you. writing you in for president. >> oh, goodness. melissa: great ideas. we appreciate it. >> thank you. melissa: ashley. ashley: another story here, crisis in louisiana far from over unfortunately as floodwaters continue to rise. the storms there have now killed at least 11 people, damaged 40,000 homes. louisiana governor john bel edwards says he expects nearly half of the state's parishes to be declared disasters. melissa: more obamacare problems surfacing. well, you might have to dish out money to pay for fees even if it is not your fault. the fallout is next. ♪
4:52 pm
you may think you can put off checking out your medicare options until you're sixty-five, but now is a good time to get the ball rolling. keep in mind, medicare only covers about eighty percent of part b medical costs. the rest is up to you. that's where aarp medicare supplement insurance plans insured by unitedhealthcare insurance company come in. like all standardized medicare supplement insurance plans, they could help pay some of what medicare doesn't, saving you in out-of-pocket medical costs. you've learned that taking informed steps along the way really makes a difference later. that's what it means to go long™. call now and request this free decision guide. it's full of information on medicare and the range of aarp medicare supplement plans to choose from based on your needs and budget. all plans like these let you choose any doctor or hospital that accepts medicare patients,
4:53 pm
and there are no network restrictions. unitedhealthcare insurance company has over thirty years experience and the commitment to roll along with you, keeping you on course. so call now and discover how an aarp medicare supplement plan could go long™ for you. these are the only medicare supplement insurance plans endorsed by aarp, an organization serving the needs of people 50 and over for generations. plus, nine out of ten plan members surveyed say they would recommend their plan to a friend. remember, medicare doesn't cover everything. the rest is up to you. call now, request your free decision guide and start gathering the information you need to help you keep rolling with confidence. go long™. ♪
4:54 pm
ashley: get this, you may be on the hook for big fines from obamacare, if you're not insured, even if it is not your fault. help. elizabeth macdonald with details on the most recent obamacare fallout. liz? >> that's right, ashley. in fact a quarter of the country's counties have only one insurer, as you point out, a number of insurers have basically opted to not be in exchanges anymore because of losses. that includes aetna, humana, unitedhealth. , we asked government, what are people's choices if insurers are basically ditching exchanges. here was the answer. if you're poor enough. go on medicade. or you could try to buy catastrophic insurance which has very high deductibles. try to get other insurance coverage but may not get doctors or drugs covered. finally if the options are not viable, you have to pay the obamacare mandate tax penalty.
4:55 pm
that can amount to thousands of dollars. the department of justice, blocked aetna humana merger. they said it would create monopoly. there are there. monopolies with one insurer in numerous exchanges. 4,000 people in one county in arizona don't have insurer in the exchange. back to you. ashley: could have so much choices. will be so much more affordable. no on both counts. elizabeth macdonald. thanks very much. >> sure. melissa: loving it a little too much. how a olympic athletes are pushing mcdonald's to its limit. ♪
4:59 pm
police are searching for the u.s. swimmers. this is after a judge issued an order preventing them from leading the country. -- leaving the country unless they can say how they were charged. he may have already left the country. >> meanwhile other athletes are sticking around. mcdonald's is being forced to limit the amount of food and that little kids can order in rio. due to extreme demand hundred hungry athletes can now order 28 is' at a time. if they want that extra mcmuffin and they can order it but it will drop in priority.
5:00 pm
>> they work out all day long. you can have as many cheeseburgers as you want you think 20 would not be enough for me. i do and i don't work out. that does it for us. risk and reward starts now. deirdre: donald trump receives the first classified intelligence briefing today. here is his arrival just moments ago. it is the first in what may be several briefings. you're looking at out live a shot. this is right outside the fbi building in new york city. we are awaiting his departure. we will let you know when he leaves the building. we want to give you some historical context. 1952 president truman provided this. in january of 1945 he was vice president for just 82 days when president
102 Views
IN COLLECTIONS
FOX BusinessUploaded by TV Archive on
![](http://athena.archive.org/0.gif?kind=track_js&track_js_case=control&cache_bust=360249784)