tv FBN AM FOX Business March 15, 2017 5:00am-6:01am EDT
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>> breaking news this morning. ready for a cleared interest rates today. but with us to latin america. we'll find out. good morning. hi kim tran's core appeared transfer investors on hold. the dow fell 44 points yesterday as oil prices decline. the fair is coming dow futures up six. drink the investors bidding from the u.s. central bank continued to come fractionally. shanghai composite fractionally. nicole: oil prices losing
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another 1.4%. of 71 cents. 48.43 a barrel. lauren: yields on the ten-year treasury 2.6% this morning ahead of the federal interest rates. nicole: another major league for the white house as a portion of the president's 2005 tax return is released. the president paid $30 million in taxes that year. trade to u.s. officials set to unveil charges against hackers. there's a connection it will tell you about it. nicole: march madness in the first games of the ncaa tournament. st. mary's does blow for blow in the nba golden state warriors losing their streak with a win over 76. lauren: 5:01 a.m. in new york. welcome to "fbn:am," your first look at morning markets and breaking news.
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trade to federal reserve to raise interest rates for the second time in policymakers prop up their two-day meeting today. this after employers added 245,000 jobs and the unemployment rate fell to 4.7% last month. inflation up closer to the 2% target as well. trade investors looking to see what janet yellen will be saved about future rate increases. planning out the free rate hikes this year. i've coverage of this statement this afternoon at 2:00 p.m. eastern here on fox business. nicole: as president trump announced rebel commanders pushed rebel commanders push to pass the gop health care bill, some republican senators are warning it would not become law without major changes without more financial assistance to buy health insurance. the first 100 days last day here in
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>> that's exactly what's happening in the committee process. when the house passes it was over this and it appeared the senders have an issue or problem, they have thrown process. i would suggest to amend the bill when it comes over there. this is the legislative process. nicole: blake berman at the white house with more. reporter: president trump holding a phone call with paul ryan and kevin mccarthy. talk to republicans on the hill trying to push for the american health care art. they are trying to bridge the gap between conservative republicans, members of house freedom caucus and a handful of republican senators on the plan. press secretary sean space-bar expressed urgency and republicans rallied around the plan to repeal and replace obamacare. >> this is it. if we don't get this through, the goal of repealing obamacare and instituting a system of all a system of all the patients
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entered will be unbelievably difficult. this is the vehicle to do that appeared turn it to white house working with republican leadership on the manager's amendment. the way to tweet those after they've gone through the process and before they had to go for a vote. that could potentially quell republican concerns. democrats are both trashing the bill and the apparent fracture within the public and party. >> trump wants colorblind care,, ryan wants to call it obamacare. it is so good why don't they want their names on it. alito will the current plan would be a big beautiful negotiation. back to you in new york. nicole: blake irving, thank you very much. speaker ryan will be on mornings as maria at 8:30 a.m. eastern time. don't miss the interview appeared lauren: fuel efficiency reviews aren't that the enemy upon administration and he meets with
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the chief today. trump all this in an autonomous vehicle testing facility in the detroit suburb and meet with ceos of several carmakers. to significantly increase efficiency of cars and trucks built in the next decade. feel economy standards partner president rock obama strategy to combat global warming. nicole: elaine chao, environmental protection chief scott pruitt or expect you to join our trip. trade to the white house criticizing the income tax information in a statement the white house says they know you're desperate when you are willing to violate the law to push a story about two pages of tax returns from a decade ago. all of this after portion of the 2005 tax or for reportedly in the mailbox of an investigative journalist who shared the information on cable tv. documents show in 05 the president earned $153 million in
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paid about 36 million in federal income taxes. nicole: arguments against the travel ban will be heard today in one day before it is to take effect. judges in hawaii and maryland will hold hearings on the second order which affect six mostly muslim countries now that iraq has been trump the list. the latest order shuts down your spreadsheet program. washington state were successfully sued to rock the first travel ban. five of the states have joined in the challenge. states and civil rights groups claim the travel ban is unconstitutional. the government says it needed to protect the country against terrorists. lauren: polls are now open for the parliamentary election as an indicator of the spread of populism across europe ahead of national elections in france and germany later this year. 13 million voters expected to cast their ballot. nicole: prime minister mark
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wright on a facet of your screen was late in the polls ahead of his anti-islam challenger. and characterizes the election has a choice between continuity and chaos and says builders and far right radicals of the unprepared to take tough decisions. we should start seeing results coming out of 4:00 p.m. eastern time. nicole: investors watching the election very closely. we talk it is mark ingram at bbc partners joins us now. nice to see you. >> good morning. lauren: today of a chance of winning here or is the election more about the populism, far right antiestablishment. the entrance. sweeping europe? >> another lib runs a representation. 28 parties in this election and this dutch names with the single
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biggest party. basically no chance to play a role. his burned a lot of bridges. but what the market is very sensitive to his unexpected collapse neither the labor party, socialist expected to do well. the question is like a new coalition government. there'll certainly be appended to his prey, perhaps to its greater nationalism. the bigger question in april, million people worried about the prospect of marie le pen becoming president. for their forward elections in germany, september, october. politics is a big swing factor. >> angela merkel meeting tomorrow in fact. what particular turnout in the market in any particular way? >> as i said, people going over
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results will get in the next few hours. may 7th. at the moment the campaign seems to have lost his or her amount of momentum. lauren: are you feeling bullish on the market are bearish overall? >> the american is trading on fumes. we trade a little bit today. we are at 55 with very little volume about this. we need to be sure the economic growth out of europe state who we are when terrorists attack of a nationalist government in a major economy in europe and since when have dished with economic leadership globally. i'm getting pretty old. like ingram, strategist at bbc partners. thank you renouncing the name for a three day period >> i tried. lauren: good job.
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you can name. nicole: let's start it off with asia. other global markets in a wait and see. the shanghai composite index one 10th of 1% while the nikkei in the hong kong hang seng down one 10th of 1%. just fractionally lower. nicole: let's see europe is trading. cac f. six. markets under pressure a little bit. the dow futures to a head of today on interest rates likely to get the rate hike. dow futures of 40. s&p futures at six. >> seven days in a row. a surprise bill coming from holy lap 79 cents. 1.6%. gold adjusted it to 12.03
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announced. a look now at the justice department and the fbi plan to announce charges this morning and the high contact by millions of yahoo! user accounts. justice department reportedly will charge for people including one in canada and three in russia. yahoo! said in late that hackers penetrated a network of personal data on more than 500 million users. yahoo! also disclosed in december that their much larger fact that dated back to 2013 with more than a billion accounts because of the hack for rice and reduces acquisition prices by about $350 million. yahoo! shares up 37% in the past year. lauren: a state judge has ruled the abc broadcasting can proceed. the potential $5.7 billion defamation lawsuit claims abc
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damage projects and corporate apparel for any series of reports to the products as pink sign. the judge threw out claims against diane sawyer by cap accusations against abc news and producer reporter. they wanted the entire case thrown out. it had to close three of us were planned to cut hundreds of jobs because of customer reaction to the reports of pink sign. >> the federal reserve said to raise interest rates after his meeting today. what will that do to the housing market? the closer look at that in the middle east are over the atto "fbn:am," your first look at morning markets and breaking news. don't let unanswered legal questions hold you up, because we're here, we're here, and we've got your back. legalzoom. legal help is here.
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send that invoice, jeanette. looks like they viewed it. and, ta-da! paid twice as fast. oh, she's an efficient officiant. way to grow, jeanette. new. get paid twice as fast for free. visit quickbooks-dot-com. nicole: good morning. 5:15 a.m. in new york. let's get caught up when it's happening now. expectations are high that the raise interest rates today. analysts play last week strong jobs report sealed the deal for the central bank it would be the third time in the past decade that short-term rates rise as inflation kicks higher, fed policymakers may signal there could be more than the three rate hikes they forecasted this year. the white house classy news outlets are publishing president tribes 2005 tax return. leaked documents revealed trump
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earned $153 million five-year and paid $36 million in taxes. trump reported a business loss of $103 million. the return said to a reporter who shared them. white house officials say publishing the document is illegal and desperate. the justice department said to the charges against poor people who have to yahoo!. three of the hackers are said to have ties to the russian government. yahoo! is preached at least twice as 2013, more than a billion yahoo! accounts compromised. the revelation by $350 million. let's dollars. plus check or stock market futures. relatively quiet as we wait and see what happens this afternoon. dow futures up 39, s&p futures mark-viverito than a little unfair oil as well. lauren: the federal reserve is expected to raise interest rates this afternoon after their policy meeting wraps.
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91% probability the fed does indeed high. economists expecting another rate increase in june. the willingness to do mortgage rates and housing markets? managing director of digital risk as well as the mortgage bankers association board of directors. interest rates finally moving higher. the 10 year treasury yield the highest level in over two years. what is the impact of all of this in the housing market? >> there is too positive things. one is he like to get the housing market, could not be clearer over the last decade if they're going to do it you better get in there and beat the interest rate hike. if you're in the market, now's the time to send a clear signal that rates are still under four. second point is this interest rates rise the banks will be more interested in businesses on the balance sheet and get a
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little more creative, listen credit marks a little bit here that 30 starting to happen. i see it as a win-win right now. thanks getting into making or product rates and you see basically borrowers realizing you better get it now. nicole: you mentioned the land deals, up to this amend the regulation. pick any one of those and telling more about it. >> colonials are like the unicorns of the decade. when did they come back in the marketplace. they are sort of reaching this demographic now with places in their careers are they looking harder to make it the first home purchase the rising interest rate environment could help them. deregulation, especially the home building sector as far as making affordable homebuilding plus deregulation getting as
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much pressure over the last 10 years. all those things. lauren: you say president trump deregulation since the help others build affordable houses that no one else might die? >> yeah, exactly. the building industry has been so regulated, that is regulation concerning come back a little bit. we are so far to the left as far as what's practical and necessary to have a strong housing market. that will help. lauren: chuck taylor, good to see you. thank you so much. nicole: in sports, march madness officially here. the ncaa tournament glove for a bout with new orleans. the nba golden state warriors apple losing streak for the 76ers. other highlights coming up. the nor'easter, while the spring
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they take on number one villanova on thursday. a big game for kansas state and against wake forest. shows off with a monster out there and there it is again. second knock was a beautiful backdoor cut. the easy plan that finishes 24-point. they will play cincinnati on friday. you know what day it is? seth curry celebrated his 29th with the warriors down 12. he turns 29. happy birthday. under a minute to play.
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and there was a slam their 106- 104. many of you cleaning up. it wasn't so bad, was it? >> for some folks it was really bad. this is getting into northern new england, upstate new york. inches of snow when it is going to stay cold. we are talking about some really cool temperatures on the next couple days. planning on this thing around with us for a little while at least. that's what we are going to be seen over the next several days and eventually drifting more so to the north. we are looking at temperatures stayed incredibly cold today. currently sitting around 20 to
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one degrees. we will never be climbing out of the 30s today. the entire eastern half of the country is dealing with these very cold temperatures. if we've got any snow, unfortunately you'll be dealing with this shortly. winter is here for a little bit longer. lauren: a couple more weeks? >> no, not acting like it. nicole: thank you, adam. the gop reform bill. >> if we don't get this through, the goal of repealing obama cared and instituting a system that will be patient centered his son believably difficult. nicole: u.s. officials set to unveil charges against the yahoo! hackers. guess what? there is a russian connection. keep your right here "fbn:am," your first look at morning
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nicole: breaking news this morning. the federal reserve hike is widely expected to raise interest rates today. what will this do to the housing market. good morning. i'm nicole petallides. lauren: i'm lauren simonetti. seeing a recovery for this morning. tough issues at dirty seven and nasdaq up 11. investors in asia. the nikkei down fractionally in japan. the shanghai composite index of one 10th of 1%. another 1.4%.
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rebounding today on news that u.s. oil supplies surprisingly fell last week. 48.50 of 1.6% of barrel today. nicole: yields remained right around 2.60% level ahead of the fed interest rate today. another major look for the white house as a portion of the president's 2005 tax return is released. 38 million in taxes that year. u.s. officials to unveil charges. there is a russian connection. march madness is here in one of the first games of the tournament. blow for blow. the golden state warriors snap their losing streak with a win over the 76ers. we will have highlights for you. nicole: good morning. 5:31 a.m. in new york. your first look at today's markets in the latest breaking
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news. the federal reserve is expected to raise interest rates for the second time in policymakers wrap up their two-day meeting. this after employers added 235,000 jobs and the unemployment rate fell to 4.7% last month. inflation picked up to the 2% target as well. >> investors looking to see what janet yellen will be saying about increases. planning a history rate hikes this year. live coverage of fed policy statements at 2:00 p.m. eastern time right here on the fox business network. lauren: donald trump and republican leaders pushed it past the gop health care bill. republican senators or that the bill would not become law without major changes to it including low income people to buy their health insurance. paul wright on the first 100 days 530.
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>> we want constructive engagement and that's what's happening in the committee process. in the house passes it goes over to the senate. senators have an issue or problem they have their own process. i would suggest senator should amend the bill when it comes over there. this is the legislative process. lauren: donald trump can't lose more than we gop reports. more on this. >> president trump holding a phone call with paul wright and kevin mccarthy. top two republicans on the hill to push forward the american health care act. they are trying to put a train bridge the gap between members of the caucus with a handful of republican senators on this plan. the press secretary sean spicer expresses hellion around the plan to repeal and replace obama cared. >> this is. if we don't get this through, the goal of repealing obama cared and instituting a system
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that will be patient centered is unbelievably difficult. this is the vehicle to do that. turn it the white house working on manager's amendment. the winner tweet bills after they've gone through the process and before they hit the floor for a vote. that's potential to club republican concerns. they are both trashing the bill and the pressure within the republican party's. >> trump wants to call brian care. one wants to call it child care. the classic abbott and costello. it's so good, why don't they want their name on it? >> there'd be a big beautiful negotiation. back to do a trade you in new york. >> speaker paul wright will be on warnings that area. don't miss the interview. president trump announced a review of vehicle fuel efficiency rules locked in at the end of the above
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administration. the president will visit an autonomous vehicle testing facility in a detroit suburb and meet with cbs and several automakers. the rules for its automakers to increase the efficiency of cars and trucks in the next decade. fuel economy standards are a part of former president obama's strategy to combat global warming. elaine chao and environmental protection agency chief scott pruitt are expected to join the trip. nicole: the white house strongly criticizing the income tax information in a statement. the white house says you know you are desperate for reviews when you're willing to violate the willing to violate the law to push a story about two pages of tax returns from over a decade ago. this comes after a portion of the president's 2005 tax reforms and trade return to that shared the information on cable television.
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documents show in 2005 the president earned $153 million, paid about $36 million in income taxes. lauren: polls are open. those voters see bush as populist and in europe in france and germany. later this year 13 million voters expected to cast their ballots today. nicole: the liberal prime minister was leading the polls ahead of his anti-islam challenger and characterizes the election as a choice between continuity and chaos in the far right radicals would be unprepared for the decision. we should see the result 4:00 p.m. eastern time. nicole: how closely are we watching question were good warning.
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>> good morning, lauren. lauren: is fascinating how is this antiestablishment spread across europe. that's quite possible at one of the reasons why markets remained quite. there's no chance to play a part of the next government with representation nobody wants to work with. monitor with the patentability news. were expected to see a collapse in the centerleft vote more nationalistic tone for the next coalition. german elections, later on in the year. overall the populace had been halted are still moving ahead? nicole: more likely he will be the winner in the markets
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breathed a sigh of relief to the upside. >> i think it's a tricky one. if you look at the broader picture, there's a nice trump pump over recent months. we need to see more tangible evidence of policies coming out of the trump administration in europe will tailgate. absent any real health. many times over recent years entered into skeptic in that regard. lauren: we are showing currencies. a great chart since great britain moved to the european union of 25%. certain coffees up double digits.
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do you expect to the effect of the e.u. on the environment to their nation? >> it will be difficult. the countries are deeply on competitive currencies. that's precisely where it goes. it's one of the reasons why you see it later on today. lauren: mark ingram, thank you very much. nicole: taking a look at a show which is a mixed bag. the dk of the hong kong hang seng. lauren: markets higher across the board. see a sea covered dxf 17. nicole: for day-to-day of 91% likely. dow futures up 42. the link of a hawkish or dovish tone from janet yellen.
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another rate hike in june? oil prices back to 40.54. gold just turned lower down 20 cents. 12.02 announced. nicole: major attacks and it's not immediately who's behind the attack, but many have anti-messages and turkish among the affected accounts. bbc north america. promotional accounts. twitter spokesperson saying we are aware of account holders this morning. the maker of business software to report higher revenue from last year after the close thanks to the transition to cloud-based services. investors look for an improvement in software revenue. to retailers after the close. williams-sonoma to report lower earnings and higher revenue.
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the fourth quarter is just very challenging in general. guess to those lower earnings that improved revenue. fell to multiyear low after an analyst downgraded its rating to underperform from neutral. lauren: president trump unveils his budget plan but how could it affect the economy and the housing market. let's take a look at that. the day after the nor'easter gemstone ring all along the northeast, your first look at morning markets and breaking adp it handy. we will hear from chair that yellen this afternoon. u.s. futures right now at 43 for the dow. down for the week so far. s&p futures can you fix. now we're likely to hear a tone that we are going to see three hikes.
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three of the hackers said to have ties to the russian government. yahoo! breached at least twice as 201,300,000,000 yahoo! accounts were compromised. the revelation foreshadowed to lower sales price by $350 million. the market higher weighted on the decision this afternoon. retail sales later this half. s&p up about. up about. i think any 12%. >> president donald trump on rails avails details. some of the details already. $64 billion increase in defense spending. how could the budget affect the u.s. economy. managing your digital risk. what impact you have and what
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grabs your attention of the budget. >> you nailed it. some of the numbers talking about how to put the $6 billion production. the two agencies looking for more head to run their businesses. they come from the section eight housing vouchers. that is one. the second biggest obviously doing what he said he was going to do. i will create a much stronger defense system. nicole: jeff, how much of that boost the job market? to have any indication? >> it depends geographically.
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the housing market is more regionally based. you should see a slight decline by cuts in the d.c. area. go back 10 years ago. a huge influx of people moving to the d.c. area and now it could be a little bit of the opposite where regulations could cut people to move somewhere else. >> you have thoughts on rate hikes and what will happen going forward. >> call center there. economy headed the right direction. the fed is right by raising rates and also right to do it the next couple times. if they don't cry as they raced the length said he could get. they need to pull back the lever because we had a speed bump that timing is right.
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topple over the last decade. only then the third and do anticipate a few more. given the economy numbers, job growth, wage growth all headed the right direction. nicole: nice optimistic outlook. jeff taylor, managing director. lauren: one of the first games of the tournament asset areas blow for blow with new orleans. nba golden state warriors snap their losing share for the victory of the 76ers. the rest of the highlights for you. don't count on it. keep spring clothes in the closet. we'll have the forecast it just a little bit. the market responded out of all those decisions. gallup 35. nasdaq 11. you are watching "fbn:am," your
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first look at morning markets and breaking news. ( ♪ ) it just feels like anything is possible here in upstate new york. ( ♪ ) at corning, i test smart glass that goes all over the world. but there's no place like home. there's always something different to do like skiing in the winter, jet skiing in the summer. we can do everything. new york state is filled with bright minds like samantha's. to find the companies and talent of tomorrow, search for our page, jobsinnewyorkstate on linkedin. juswho own them,ople search for our page, every business is different. but every one of those businesses will need legal help as they age and grow. whether it be help starting your business, vendor contracts or employment agreements. legalzoom's network of attorneys
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on demand laughs during long bubble baths. tv everywhere is awesome. the all-new xfinity stream app. xfinity. the future of awesome. lauren: look at the latest in sports. opening night of the men's tournament. treatment about no go zone for these huge two-handed slam. new orleans down prey. pressure starts to show up here during the timeout. they look at each other's face. the players have to be separated. new orleans have one. it is still in.
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it was closed. they'll take villanova thursday. in the nightcap, the first half shows up with a monster dunk. there it is again. the second half was a beautiful backdoor cut. finishes 24-point. play cincinnati friday. celebrating his 29th day. happy birthday to him. fourth quarter starts down 12. he turns 29, so fittingly you scored 29 points. philadelphia down three. t.j. mc connell throws it away and matt barnes takes it to the
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whole. still, the warriors led 106-104. nicole: ligature wednesday forecast. sox meteorologist your first look at morning markets and breaking news. >> we may see a little more snow but it won't be nearly as big as the snow we saw yesterday. if you have this know it's not belting. temperatures frigid. colder across the entire eastern half of the country. 20 degrees in new york. temperatures down of the teams that basically 20 along the coast. the winds are still what they like they were yesterday. is here feels like temperature. they could have wanted pittsburgh. limited to the northeast. the entire eastern half of the country dealing with colder as we look at an arctic class to
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settle and across the country. freeze advisories for thursday morning stretched out into central florida. really across eastern half of the country to teens or 20s across the entire half of the country the next couple days. a car that drives 170 miles an hour. he's doing it all on facebook live. we will tell you. you are watching "fbn:am," your first look at morning markets and breaking news. ♪
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liberty mutual won't raise your rates due to your first accident. liberty mutual insurance. nicole: mike zuckerburg getting a real taste of the fast lane. taylor earnhardt junior in north carolina. the car revved up to 170 miles an hour. showing it on facebook live. even got to drive a car around the track. he is all smiles. he staged the event is part of his travels around the country to learn more about community. in this case, the racing community. >> it really does. transfer to resign over now to maria bartiromo. a big interview with speaker paul ryan.
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maria: thank you so much. big show head. i maria bartiromo and it's one day, march 15th. top stories at 6:00 a.m. president turned tax refund leagues the white house repeated msnbc for releasing the illegally obtained document last night. it did not reveal much, by the way. where do you think that the heavy snow hitting new orleans but not as historic as the forecast. taken residence for their insight nonetheless. >> during the travel plan we experienced 38 taxes. it allows us to clear the roads. >> mother nature is an unpredictable lady. sometimes she was unpredictable once again today. all the forecast said the storm would hit new york city in long island heaviest although it would affect the entta
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