that's it for us tonight. thanks for being with us. white house counselor kellyanne conway congresswoman marsha black are an and colonel tony schaefer among our guest here tomorrow night. lauren: breaking news this morning. the trump trump administration lays out a tax lien and lawmakers raced over to government shut down. a rare briefing from north korea. good morning. i'm transitory. nicole: good morning. i'm nicole petallides. after searching 200 points they get more optimism today from dow components. procter & gamble, united technologies and billing. nasdaq listing 16,000 for the first time ever. a mixed bag now features up to him.

s&p futures down one. trade for the rally pushes stocks higher in asia-pacific and japan closing up 210 points for 1.1%. shanghai composite key benefits of 1%. nicole: earnings from twitter in subscriber growth. we'll tell you. lauren: uber announces plans for cars in three years time. is it a pie-in-the-sky idea or is it real? nicole: despite russell westbrook over the oklahoma vendor eliminated from the playoff in the nascar at the an era as dale earnhardt junior announces he will retire racing this year. lauren: 5:01 a.m. in new york. welcome to "fbn:am," your first look at morning markets and breaking news. nicole: president trump unveiled his tax reform plan today is the

border wall heats up on capitol hill as congress tries to work out a deal to fund the government. connell mcshane latest on the budget negotiations. first, adam shapiro has the details on trump's biggest announcement. reporter: good morning. this is the day million of americans have awaited. president trump will outline the broad principles that lead to the formulation of key components cutting corporate taxes, business taxes to a corporate rate of 15%. that would be much lower than the rate corporations anticipate now but concerned about shortchange the u.s. treasury and lead to greater deficits in greater day. here's what sean spicer had to say. >> wait until tomorrow you can see the plan. we've got to do everything we can to give economic growth going.

he's going to do everything he can on the tax firm. >> in addition to corporate thet will lay out the peninsular taxes for middle-class americans. back to you. lauren: the clock is ticking to fund the government. connell mcshane is the latest on the budget talk in the debate on how to fund president transporter well. >> good morning to you guys can learn in the cold. most of the talk surrounding the budget negotiations still surrounds the border on how to pay for it. senator ted chris introduced to creatively to do it. he wants money seized from the mexican drug case, i'll chop will as he's known to fund the wall. $14 million will go a long way towards building the wall will keep americans safe in interleague hopeful drugs, weapons and individuals across the border.

debate is whether the president will push to have border while funding included in the deal to keep the government running that must be reached by friday. he did seem to back off on monday night but then said this. >> won't get built and stop drugs and a lot of people from coming in there shouldn't be here and it will have a huge factor in human trafficking which is a tremendous problem in this world. the problem nobody talks about. reporter: bottomline can still negotiate to get done. we do expect to hear from the speaker of the house paul ryan and we we're told he'll have for us on the taxpayer for now, back to you guys. train to the entire u.s. senate goes to the white house for a rare briefing on the growing threat posed by north korea appeared some of trump's cabinet others including secretary of state ranks tillerson will be

there. previewing the briefing on "fox and friends." >> the president said for decades people have blinders on and people took a hard line on all options on the table. he thinks to bring the senate in on that. nicole: house members will be brief tonight. pyongyang had a fire drill yesterday in a show of force. full-scale terror drill is planned for local governments in washington d.c. area today. lauren: a new legal road to the car down on illegal immigration. the judge has blocked the executive order thought to withhold federal funds from sanctuary cities. transferred or targeted broad categories of federal funding for century government and challenging the order were likely to succeed in proving it unconstitutional. san francisco is one of two

california governments that sued to block the router. >> this is why we have courts. the attorney general who don't understand the constitution i choose to ignore it. this is why san francisco had to stand up on behalf of people everywhere be the immigrants are nativeborn. lauren: overreach for the white house chief of staff lashing out -- someone lashing out say we will win if the supreme court level at some point. we are taking action to repeal this. we are seeing overnight and out each affairs just barely holding onto the 12-point d. and about 450 points in the last two days of trading. they are to the upside. the shanghai composite index up

a quarter of 1%. the nikkei up 1.1%. in crisscross beginning of a percent. train to a mixed bag, weakness for the ftse in london down three points. cac quarante up for the dax in germany trying to squeak out again up one point at this hour. nicole: optimism on tax cuts in earnings driving us to look at the dow 12 points to the upside after the nasdaq yesterday cost 6000 for the first time ever. lauren: at both struggling to find $50 a barrel once again. eighteen cents lower at $49.40 a barrel. gold done us while obviously losing steam because the stock market has been rallied in a strong way. gold at 12.66 amounts. train to the dollar trading against the key currency is

showing some strength that is not done so recently. green arrows for the u.s. dollar versus the euro coming u.k. pound, mexican peso, japanese yen weaker. lauren: yield on the 10 year treasury 2.33%. as we see by deals getting a little stronger does that mean the economy is getting stronger. twitter to send its first-quarter earnings. they post $512 million in revenue down 14% from last year. analysts expect twitter to earn 1 cents a share down from 15 cents a year earlier. at the end of 2016 twitter had 220 million monthly users. facebook by contrast than 1.9 billion. twitter recently lost an nfl streaming deal with amazon got instead. nicole: said it investigated and after one of its products

exploded while she was there in it. she claims that the device mounted on her arm resulting in second degree burns. the fate they responded saying we are extremely concerned about ms. mitchell's report regarding this and take it very seriously as the health and safety of our customers is our top priority. they also said there's no reason for customers to stop wearing their product at this time. investors seem to have disregarded the incident as well. the stock up 2% since the report on sound. lauren: over bullies disguise the limit for the future ride sharing. they further elevate product designed to introduce flying cars by the year 2023. >> i just came from 32 years at nasa developing aircraft.

now i've got economy, electric propulsion, sensors coming together to create this great new capability in these aircraft. lauren: investing in flying cars will protect business in the future is car start to go driverless. other companies including google and test lab revealed plans for similar innovation. how to get to work by car. nicole: three dow components as earnings season continues. failing to report higher first-quarter earnings per share on lower revenue from a year ago. results constrained by the solar pace of jetliner delivery. analysts look for the consumer product giant to post to in quarterly profit. strong sales and health care businesses. united technologies to report higher quarterly revenue due to increased sales which makes

airbus. fox business charlie said said said jeb bush and derek jeter of the two final pics. it's expected to come down to $1.2 billion. sources telling gasparino bedtime for me as a me as the son of former gop presidential candidate mitt romney still looking to keep his bid for the marlins in life. nicole: a big hair nation's capitol is the white house unveiled the tax-cut plans in congress races delivered a government shutdown. the white house documents including the border while. >> is a national economic safety issue by having a wall that ensures our country safety and plenty of clearance. we will continue our priorities are clear. nicole: will take a closer look.

ray moved out of the northeast. severe storms in the heartland. meteorologist janice dean will have the forecast. u.s. stock market futures yesterday and lots of the pharaohs. tout features at 12. as in the future sound one. nasdaq futures at three. you are watching trains have in common your first look at morning markets and breaking news.

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legal help is here. (basketball game and crowd sounds) ♪ if you talkin' they will hear ♪ every single time... why are we getting killed like this? kyle's not here. got caught drinking beer in the park a couple of nights ago. really? yeah. zero tolerance-he's out for the season. harsh. hey, he knew not to drink. we've made that clear to all our kids, right? uh, no... not really.

bill, if we don't tell them what we expect and why they shouldn't drink, how're they gonna know? (announcer) talk. they hear you. for more information, visit underagedrinking.samhsa.gov. nicole: good morning. 5:15 a.m. in new york or chicago through its happening now. president trumps economic team will cut taxes today. treasury secretary steve mnuchin and gary cohen scheduled to hold a briefing this afternoon. the plan to slash the tax rate from 35% to 15% for corporations as well as owner operated businesses. as lawmakers on capitol hill continue to reach a deal to prevent a government shutdown, we expect an update from paul wright when the house gop leadership holds a weekly news conference at 10:00 eastern

time. president trump has signaled he may be willing to wait until september or next year to secure funding for a border wall. twitter is set to post this first-quarter earnings this morning. analysts say the social media company revenue is expected to fall 14% from the previous year. after two days of canes, 450 points for the dow to the upside. dow futures at 13. s&p futures are split lower. the nasdaq up three this morning. that's what's happening now. lauren: thank you nicole. details of tax cuts on capitol hill lawmakers raced over to government shutdown. joining us now, brad blakeman, former adviser to george w. bush. what the impact of the 15% corporate tax rate e.? >> it would unleash the power of our corporations to hire and

build and five. this is very positive news. we seeded in anticipation of the marketplace. so they are just waiting. not only that, but if we can repeat your money offshore in this country trillions of dollars and reduce the individual corporate greed, our economy will take off. nicole: it could add to the federal deficit and that is something everyone is concerned about. how much does the deficit matter at this point? >> it matters a lot in getting this bill through congress. it is a two-step approach. one is pending and the other is to reduce taxes and give velocity of money back into the marketplace. our economy does well when it exchanges money between individuals, not what we said money to the government. lauren: we are expecting 1.1% growth. if you really want to spur the economy with these tax cuts, you need 5% growth.

can we get there for 1%? >> yeah, sure. especially with this president. we have a pricing point in any modern times that's transactional. he's not out to ideology or political party which is good news. democrats are smart they'll come to the table and get deals themselves. one good thing about the president as he's a businessman and he knows what is good for business. >> one of the things he talks about for deals in security funding for the border while with the government shutdown. your thoughts. >> we can live to fight another day. republicans and democrats agree. the wall is part of it. there drowns, virtual walls, technology. let's not tied to continuing resolution. i would like to see that in september when our fiscal year ends in there so much we can do during the summertime.

lauren: it's wednesday, have we seen any friend of bill just yet? >> not yet, but hopefully by friday we will learn her. the government is not going to shut down. democrats may bluster. sure in to talk about everything passing congress. >> congress as the stopgap. only so much a president can do. we need to concentrate on the legislative agenda and we need to get a bill through the congress. the american people didn't have to open doors. lauren: has the president helped to get support for these measures? >> he has. he's been burning up the wires calling congresspeople, having meetings. if the leadership of the democrats to deal with this president in good faith. >> former adviser to george w.

bush. nicole: coming up in sports. despite russell westbrook, the oklahoma summer are eliminated by the houston rockets. and nascar, the end of an era as dale earnhardt junior announces he will retire from this year. bring the side of the northeast. fox senior meteorologist janice dean will have the forecast. let's check in in u.s. stock market futures after records yesterday for the stack. dow futures at 10. nasdaq futures are up to. s&p futures lower down one. you are watching trains have been -- "fbn:am," your first look at morning markets and breaking news. ♪

nicole: welcome back. 5:24 a.m. on the east coast. let's take a look at the latest from the world of sports. the houston rockets advance in the western conference semifinals but not enough russell westbrook oklahoma city fenner. 34 points in last night's game five. westbrook had 47.111 rebounds but that was not enough. the final score 105-99. meanwhile, san antonio spurs

116-103 taking a 3-to lead. five three-pointers and four of them in the fourth quarter. game six is tomorrow night in memphis. and baseball, the toronto blue jays chris copeland slide over the st. louis cardinals to avoid a tag at home. made the incredible high job. blue jays beat the cardinals extra 95. dale earnhardt junior announcing he will retire at the end of the season after the fortitude of driver missed last season. >> i missed a few races and during that time i had to face the realization by driving career may birdie ended without getting it done at the table.

we are not promised to vote and that's especially true in racing. trinket or not has won nascar's most popular driver award a record 14 times and he said he's ready to start a family. lauren: you can see the decision was emotional for him. the president lays out his tax reform plan. congress races against a deadline to keep it open. the entire senate gets a briefing on the nuclear threat from north korea. a pretty busy day's earnings continue to pour this morning. revenue expected to decline. the election is over, they lost the streaming deal with the nfl. can the social media companies squeeze out money from its users? after 450.8 over the last two days, dow futures select this morning a point. nasdaq closing about 6000 for the first time in history. you are watching "fbn:am," your

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call now, request your free decision guide and start gathering the information you need to help you keep rolling with confidence. go long™. ♪ treated to a busy day at our nation's capitol. the trumpet ministration laser tax plan. lawmakers raced over to government shutdown in the full senate gets a rare briefing on the north korean nuclear threat. good morning. i am nicole petallides. lauren: good morning. a lot going on. after surging 232 points for the dow yesterday at earnings optimism would get more earnings from the tree of dow components. check out the nasdaq rising to 6000 milestone. however, the s&p 500

fractionally lower. japan's nikkei up 1.1%. take a look at the shanghai composite index up a quarter of 1%. lauren: earnings from twitter this morning a subscriber growth continues to stall. we will play what to expect. nicole: uber announces plans for flying cars in three years. we will take a look. >> despite its star by russell respa are eliminated by the houston rockets. dale earnhardt junior announces he will retire from racing this year. nicole: 5:31 a.m. in new york. we welcome you to "fbn:am," your first look at morning markets and breaking news. lauren: president trump will reveal is the border cap heats

up as congress tries to work out a deal to fund the government. connell mcshane on the budget negotiations. first adam shapiro has the details on terms big tax announcement. >> good morning. today that billions of americans have awaited the president trump will outline the broad principles to lead to the legislation of tax reform. the business taxes to a corporate rate of about 15%. that would be much lower than the rate for corporations and businesses pay now but there is concern it would shortchange the u.s. treasury lead to greater deficit in greater debt. here's what sean spicer had to say in response to that. >> we've got to do everything we can to get economic growth and made tremendous headway on the regulatory front and he will do everything he can on the tax front. reporter: the president is expected to lay out how he plans

to lower taxes for middle-class americans. back to you. lauren: we look forward. i'm shapiro coming thank you. nicole, circuit ideal to fund the government by friday. connell mcshane has the latest on the budget talks and debate over how to fund president trump's border wall. >> good morning to you guys, learn and nicole. the final countdown. most of the talk surrounding budget negotiations surrounds the border wall and how to pay for it. senator ted cruz did introduce a creative way to do it. he wants money seized from the mexican drug kingpin of choco as he is known to fund the wall. $14 billion will go a long way towards building a wall that will keep americans safe and hinder the illegal flow of of drugs, weapons and individuals across the border. the big debate is whether the president will push to have border while funding included in

the deal to keep the government running from a deal reached by midnight friday. he did seem to back off on monday night yesterday said this. >> the wall is going to get built and it's going to stop drugs and a lot of people from coming in there shouldn't be here and have a huge effect on human trafficking which is a tremendous problem in this world. the problem nobody talks about. >> there's still plenty of negotiating to be done in this town. we do expect to hear for for the speaker of the house paul ran this morning and we are told he will have an update of the taxpayer to: lauren, back to you guys. train to connell mcshane, thank you. lauren: the u.s. senate goes for threat posed by north korea. some of the top cabinet members including racks tillerson will chair the meeting as well as jim mattis will be there as well. kellyanne conway previewed the briefing on "fox and friends."

>> the president said for decades he would have blinders on. obviously options. he likes to bring the senate in on that. >> house members will be brief tonight. pyongyang conducted a major live fire till yesterday and a u.s. submarine and a show of force. the jealous plan for local governments in the washington d.c. area for today. nicole: another illegal goal. a federal judge has blocked the executive order that sought to withhold federal funds from sanctuary cities. according to the ruling, charm starter targeted broad categories of federal funding for century government and challenging the order will likely improve it unconstitutional. san francisco is one of the two california government to block the order. >> this is why we have courts.

thoverreach of a president and attorney general don't understand theonstitution or choose to ignore it. this is why san francisco had to stand up on behalf of people everywhere to immigrants. >> white house chief of staff sanborn says it the ninth circuit going bananas padding we will will win the supreme court level at some point. we are talking action to take and we are taking action to appeal this. caught up in global market action overnight. rallying across. rallying across the board in a shed. the nikkei up 1.1% over 200 points. yet a half% gain in hong kong with the hang seng in south korea with the cost be the shanghai in china at the fifth of 1%. trade to tomorrow big day as well as the ecb meeting. european central bank. right now then insisted on

fractionally. cac quarante in france ahead of this may 7th election of 5th of 1% of the german dax down fractionally. lauren: the nasdaq at an all-time high. s&p second highest close in history. this morning he gave her door features gave her door features of 11. nasdaq futures of four. s&p futures up slightly. tradeshow booth during 49.50 down 6 cents. gold town just over a packet 12.66 a troy ounce. lauren: shares of apple, facebook, amazon and microsoft did it again for the nasdaq which is 12% this year. is it time to pull back or is there room to run? joining us now, art hogan, chief strategist at wunderlich security. good morning. >> good morning. thanks for having me. lauren: 17 years after posting 5000 nasdaq crosses 6000.

tell us how this move is different from back in the year 2000. >> to compare them to the nasdaq right now. the amazing thing is they still exist. everything else is all new and different. the multiples of all of them are a lot deeper than they were in 2000. it was after about 80 times so it's a significantly cheaper. nicole: interesting. they say stay the course in technology. what are your thoughts? you agree with that or not? >> think about the names we really now in technology. it's got about a third of it

there to repatriate and it's a big relief for the iphone. [inaudible] you're looking at games that have a lot in front of them and are reasonable -- technology will continue to be her leadership here. on those days or weeks or that financials get away to over the last two weeks here, we have some broadening out. lauren: art hogan, thank you so much. nicole: goober believes the skies the limit for the future ridesharing company. partnering with dallas in dubai to start uber elevates, a project designed to introduce

flying cars by the year 2023. >> i see from 32 years at nasa developing electric aircraft and we've got economy, electric propulsion, and in sensors coming together to create premium capability and aircraft. lauren: they'll demo the cars to us for the first time in investing in flying cars will protect business as everything goes autonomous. google and tesla have also revealed plans for similar innovations. nicole: three dow components among the stocks we are watching this morning as earnings season continued. going to report higher first-quarter revenue from a year ago per the rules to be constrained by a slower pace of jetliner deliveries. we will also hear from procter & gamble before the opening bell. analysts look for the consumer products are to host a jump in quarterly profit by cost cuts and strong sales in beauty and health care businesses.

united technologies expected to report higher quarterly revenue partly due to increased sales which makes jet engines for several including airbus. >> the nuclear threat of north korea and kim jong in. >> the president said for decades yet binders on. lauren: will take a closer look at the threat from north korea. major rally cellmate. u.s. futures pointing to the upside. dow futures at 17, nasdaq futures up for. oil prices rose yesterday after falling six days. down again this morning as we report inventory. in the u.s. oil $49.45 a barrel. you are watching "fbn:am," your first look at morning markets and breaking news.

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lauren: good morning, everybody. 5:45 a.m. in new york hibiscus jakarta but it's happening now. economic table layout plans to cut taxes today. treasury secretary stephen mnuchin and gary cohen told a briefing this afternoon. the plan is expected to slash the tax rate from 35% to hit 15% of corporations as well as owner operated businesses. lawmakers on capitol hill continue to work to reach a deal to prevent a government shutdown midnight friday. we expect an update from paul ryan and the gop leadership host a conference 10:00 eastern. president trump has signaled he may be willing to wait until september or possibly mixed year to secure funding for a border wall. twitter site to post its first-quarter earnings this morning. a social media company revenue

expected to fall 14% from last year in terms of the market, nasdaq on fire reaching 6000 for the first time yesterday. nasdaq futures up 5.5 points. that's a look at what's happening now. nicole: a rare briefing on the north korean nuclear threat later today. joining us to talk about this, brad lakeman, former is there to president george w. bush. good morning, brad. how realistithat for north korea and what do you believe should be done about it? >> the threat is real. somebody making threats not only in the united states but allies specifically south korea and japan. he's building as we speak tonight at him those threats. we should do about it is clear that as anything north korea does adversely affects the area and specifically how i should be the problem of china. north korea could not exist

today without support from china militarily and humanitarian needs they have. president trump was right when he met with the president of china told them he has to step up and do more. >> the u.n. has a security council meeting on friday to discuss north korea. do you expect were sanctions against the country are more action to deal with the nuclear threat? >> china has a detailed and if they exercise it says that the meeting never occurred. what we need to do is put a bilateral and universal pressure and the u.n. just discussing that helps in that regard. anything adversarial to china will be vetoed. >> donald trump to show restraint on the whole area appeared in the meantime things have gotten hotter over the last 24 hours. north korea conducted a live

fire drill to about 400 artillery pieces in the u.s. says dr. nuclear submarine in south korea. are we headed for some sort of military confirmation? >> china and north korea square. we are not going to act in a first strike but on the other hand, we cannot let north korea proceed on its path of getting even more nuclear weapons. donald trump is right. either china will solve the problem or we will solve it. we cannot continue on this course. lauren: brit hume last night brought up a great point. as i do dismiss the north korean leader kim jong. >> it to combination of being completely out of touch and crazy. here you have a guide never been

outside this country other than for sure. being educated in other than that is basically a hermit who thinks he can push people around. 24 million people. are we going to permit this guy to run over not only ourselves but her allies have dangerous weapons? i don't think we can afford that. trades are we really appreciate your insight. former adviser president george w. bush. thanks for joining us. lauren: coming up in sports. star russell westbrook the oklahoma thunder or eliminated. in nascar, began the era as dale earnhardt junior announces he will retire from racing this year. the rain design of of the northeast. severe storms land in the heartland. five senior meteorologist janice dean will have your forecast. you are watching "fbn:am," your first look at morning markets

and breaking news. ♪ hey you've gotta see this. c'mon.

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xfinity the future of awesome. and to find out how to catch exclusive videos featuring rdma host jordan fisher. and the ardy goes to... watch disney channel presents the 2017 rdmas. april 30th on disney channel. lauren: welcome back here to look at the latest in sports. the houston rockets advancing to the nba western conference semifinals by knocking off russell westbrook's oklahoma city center. james had scored 34 points and added 22 in last nights game five. [-left-bracket 47 points and 11 rebounds but was not enough to stop the rockets. the final score 105-99. san antonio spurs needed country begin the grizzlies taking a 3-to lead the grizzlies. they fired three pointers can before and just the fourth quarter alone. now lost nine straight

postseason games in san antonio. game six to marinate in memphis. lauren: let's go to baseball. chris, good literally flying over the st. louis cardinals catcher to avoid attack at home plate. with the game tied in the seventh, bolted from second to home and made the incredible hi john. the blue jays beat the cardinals six to five. nascar's dale earnhardt junior announcing he will retire at the end of the season to the 42-year-old driver missed much of last season because of concussion like symptoms. >> as you know, if just a few races and had based the realization by driving career may have ended without me asking about at the table. of course in life we are not promised a vote and that's especially true in racing. earnhardt has won the most popular drivers card a record 14 times. nicole: before you head out the

door, let's get a look at your wednesday forecast. fox senior meteorologist janice dean right here with us. good morning, janice. reporter: good morning. temperatures tell the story. colder than average temperatures north and west of the front and warmer than average temperatures ahead of a cold front. what does that mean? some of the ingredients for severe weather said. as we head into friday and the weekend. already starting to see showers, thunderstorms, large hail, damaging winds and cold enough for snow across the northern tier. our area of low pressure bringing rain showers across the northeast. check ahead if you're traveling today. with better setup for severe storms this afternoon and this evening. the jet stream winds from this gulf of mexico can look at their severe weather would make the potential of long-lasting tornadoes, especially moderate risk in the red where we think

all of the ingredients are going to come together for the largest potential of dramatic activity. as we get in the afternoon and evening, make sure you know what to do with the warning in your neighborhood. not only today but as we head into friday and the weekend for severe weather outbreak is expected to keep your weather radios on your local forecast clothes. back to you. lauren: coming up, a pair of jeans that look like a raincoat for your legs. where you can buy them and why coming up. ♪

nicole: well, yesterday we told you about expensive jeans that are covered with fake blood for 400 bucks. today we have clear plastic jeans. take a look at this. top shop selling these clear see-through jeans for women. the company said the detail in her cropped at the ankle bone. just 100 bucks. >> it would probably keep you very hot. he decided not day. thank you for joining us on "fbn:am." nicole: thank you and we are going right to maria bartiromo. maria: hi, everybody. happy wednesday to you.

the maria bartiromo. wednesday, april 26. 6:00 a.m. on the east coast. president trumps tax overhaul has arrived he is planning to unveil a major tax reform this afternoon among the expected changes. a massive cup for small business owners as well as an exemption for childcare. >> went back to do everything we can to get economic growth go into job creating billing. he's going to do everything he can on the tax front. maria: breaking down the big plan this morning. the trade war heats up with their neighbors to the north as president trumps spoke with canadian prime minister justin trudeau after the latest pair skewed. earnings surged trading stocks on wall street. twitter among the top names reporting this morning the company to suffer another quarter of declining revenue. that is happening before the opening