thanks so much for watching "strange inheritance." and remember, you can't take it with you. lauren: breaking news this morning. president donald trump rally supporters in west virginia as the democratic governor of the state turns republican. cheryl: also breaking, special counsel robert mueller tapping a grand jury, how far is mueller willing to go with this? lauren: how does this affect the markets? 16-year-old low on unemployment rate, is that telling the real job's story ahead of job's data, dow futures are up 26 points. could see another record close. cheryl: job's report could have big impact on the u.s. dollar,

that's why global markets are focused on the labor data coming from trust. live report from london for you ahead of that news. right now european markets all trading slightly higher. lauren: new video of baggage handlers, sparking outrage among flyers everywhere. wait until you see the footage. fbn:am starts right now. cheryl: 5:01 a.m. in new york. friday august 4th. i'm cheryl casone. lauren: happy friday, i'm lauren simonetti. paychecks going up. cheryl: 4.3%. lauren: president trump talked up the economy.

>> economic growth has surged to 2.6 nationwide. you have to understand what that means. nobody thought that number was going to happen and it's 3% growth in west virginia. i wonder how that happened. unemployment is at a 16-year low . but don't forget, and i will never forget, the millions and millions of people out there that want jobs that don't register on the unemployment roles because they gave up looking for jobs, factories coming back into this country. you've seen that. they are coming back. we have auto plans expanding coming back, they are coming to michigan, they are really coming into mitch again and they are coming in to ohio and pennsylvania. lauren: that's not the only news, west virginia's governor also making news when he told

the crowd he's changing his party. >> today i tell you as west virginiaan i can't help you anymore being a democrat governor. [cheers and applause] >> so tomorrow i will be changing my registration to republican. lauren: neither him or trump they are not politicians, they are both running just to get something done. cheryl: well, president trump telling the crowd in west virginia that he believes the investigation into russian meddling in the u.s. election is a total fabrication. >> what the prosecutors should be looking at is hillary clinton's 33,000 deleted emails and they should be looking at the paid russian speeches and

the owned russian companies. cheryl: that rally taking place hours after a wall street journal report that special counsel robert mueller has convened a grand jury to meddling. lauren: donald trump, jr. and other campaign officials had last year with russian lawyer. more on news of that grand jury right now from blake berman. blake: president trump's legal team says they did not have a heads up that according to several report robert mueller has impaneled a grand jury and they say that's not unusual. president trump's counsel inside the white house saying in a statement thursday, grand jury matters are typically secret, the white house favors anything that accelerates the conclusion of his work fairly. the white house is committed to fully cooperating with mr. mueller. jake sekalow spoke with neil

cavuto. >> the impaneling of grand jury in such ass like this, typically how they move forward. it is really very much a standard operating prejudice -- procedure. blake: pointed to the testimony of former fbi james comey who testified that the president as he knew it was not under investigation. another attorney dowed, we have no reason to believe that president trump is under investigation. a spokesperson for the special counsel's office would not confirm the initial wall street journal story. back to you in new york. cheryl: obviously grand juries are done in secret specially at that level. attorney general jeff sessions is out to announce a major crack-down on the leaks of classified information in the trump administration. announcement starts of probe.

senator lindsey graham the leaks are not fair to president trump. >> the person who did this may think they have a noble outcome in mind but that is just chaos. you just can't have people in the government working for the president picking and choosing what -- what to leak, that's just wrong and i hope we find out who the person is and they get punished. cheryl: sessions have come under fire for not being tougher on the leaks from the intelligence agencies. lauren: labor department to release job's report this morning. analysts expected 183 jobs added last month. unemployment that's expect today go down all the way down to 4.3%, 16-year low and average hourly earnings have gone up three tenths of 1%. strong pace of hiring could clear the way of federal reserve

to start shrinking massive bond portfolio. jobs in america, all that starts 8:00 o'clock eastern. cheryl: uber once again in hot water as report service that is the ride-sharing company leased faulty cars to drivers. lauren: say it isn't so, tracee carrasco making news, good morning. >> uber not only put passengers at risk when it released faulty cars according to wall street journal, uber bought more than a thousand defective cars, recall for electric component that could overheat and catch fired. one of the recalled vehicles did catch fire.

left the cars on the road while waiting for replacement parts. uber told the journal it did take swift action to fix the problem and, quote, we acknowledge we could have done more. lauren: google is not always known for being cool when it comes to social media but they did try to do something about that. tracee: they did, could have, should have, google could have been part of snapchat. google held talks and offer of 30 million but snap notoriously steven showed no interest and we know how that's been working out since snap ipo ' d climbed about 2% after weeks of decline. cheryl: well below ipo price. google offer was a pretty good one for the company, i'm sorry, after what's happened.

viral video from airport. you will want to take a look at this. it's going make you mad. taken at orlando international airport and shows three airport workers raising bags above their heads and throwing passenger suits cases as they unload a virgin atlantic flight. he took out cell phone and started film, he said he couldn't belief how the workers were acting, she wanted evidence of this. three workers have since been fired. cheryl: they lifted the bag above their head, they were doing it for fun. it's not like you can place it on the carusel. lauren: i want to know if anything was broken as a result. tracee: i've had several suitcases broken. now i know why it happened. lauren: they were fired. that's a big deal. tracee, thank you. good to see you.

coming up, special counsel robert muler has upped the ante but tapping a grand jury for the investigation. has he gone too far and how long will the investigation ask? we will ask form other prosecutor or david bruno as well as political commentator kristin haglund about all of that. look at that, one of the tallest buildings in the world. stay with us. you're watching fbn:am.

cheryl: welcome back, let's get you caught up on what's happening now. massive blaze in dubai, the fire in the tower started thursday night and was extinguished by early this morning. no injuries were reported. well, get this, the head of the new york place detective union has directed nypd officers and families to boycott dunkin doughnuts until the coffee company apologies. law enforcement sources say that a clerk told two plane closed patrol officers, quote, i don't receiver cops.

a store manager says security footage proves the police wrong. big breaking news today from toyota and rival, toyota announcing they will build $1.6 billion plant, capable of producing 300,000 vehicles a year, president trump has been pushing for auto make toaster make more vehicles in the united states and that is what's happening now. lauren: special counsel robert mueller has reportedly assembled a grand jury, so what does this mean for the investigation and how long will it last, joining us now political analyst kristin haglund and criminal defense attorney and former prosecutor david bruno. if you can use your experience and explain the significance of mueller tapping the grand jury, what does it say specifically about the state of the investigation?

where are we at? >> yeah, federal grand jury is 23 people that hear testimony and the fact is this is normal and actually i expect that this would have been done much sooner. mueller was appointed on may 17th which is almost three months ago and is quite surprising to me that he didn't have this pool up to this date because it's a powerful tool, it's a critical tool, number one tool for the tool box. lauren: right. kristin, president trump's lawyer we look forward to cooperating, we hope this will accelerate the investigation. he didn't call for mueller's firing or even call the investigation a political witch hunt. this is a change of tone, why do you think it is? >> obviously this is coming from the president's lawyer not necessarily donald trump himself who might say something different on twitter. we are not sure about that yet. it definitely is. i think they are doing a good

job and making a good shift in tone if that is, indeed, what it is because president trump has to retain a lot of his political capital in order to get the rest of his agenda through congress, obviously we have tax reform that's highly anticipated, also this comes on the eve of him signing the sanction's bill with russia and going back and saying, he wasn't very happy about it. he has to make sure and be very aware of the political optics here and the whole administration is trying to make sure that they appear, they are trying to let this go independently as possible. lauren: david, i'm curious on how wide sprayed the investigation. president trump's lawyer has no reason to believe trump is under investigation, doesn't move they are looking at everything and anything, personal tax records, business dealings, should trump and legal team be worried? >> it seems like it is a wide investigation. the order itself that gave him

this power gave him the power to investigate any links or coordinations between russian government and individuals associated with the campaign. that's the start. i think there are report that is there's been subpoenas related to jr. meeting and when we talk about subpoenas, that is what subpoenas are for, use today get records including financial records. lauren: right, kristin, how widespread do you think this investigation is at this point? >> well, we don't know what we don't know, right, and so much of the investigation is secret and remains secret because that's -- specially now that he's impaneling the grand jury. that's the nature of the grand jury. it's secretive. what is really interest asking to see the senate's response, four senators both republicans an democrats right now who have convened legislation to make sure robert mueller is able to be as independent as possible introducing some legislation that says that the president can't necessarily just fire

mueller without cause, so that is interesting to see some of the politics play out in the hill around this. but i think that the administration is doing the right thing and keeping hands off approach and we should be thankful that we have a system of law that goes after these things and make sure that russia is not improperly, you know, negatively affecting our election. lauren: it's been a bipartisan effort in congress to make sure that this investigation can go further which might explain some of the change of tone we were talking a little bit earlier. i want to talk, david, about the legal team of mueller here. 16 members or most or half of them made political donations to democrats including hillary clinton as well as obama. what do you make of that? is there conflicts of interest here? >> well, that's certainly an argument to be made but these attorneys are members of the bar, they are objective, they are supposed to be objective and i hope they will be objective. one last point as we are winding down, donald trump himself could

be subpoenaed to testify before this grand jury and it would be the second sitting president in history to do so and the first is bill clinton and in that grand jury testimony he actually purr injured himself which lead to ill peachment -- impeachment proceedings, he has subpoena power to compel testimony. lauren: how big of a deal that really is. happy friday and thank you for your time. >> thank you. cheryl: hope it doesn't take away from the legislative agenda but we know it will be. we've got more coming up for you because you will want to check this out. bruise we his action flip is a remake of death wish. >> if a man wants to protect what's his. >> i want to buy a gun. >> he has to do it for himself. cheryl: okay, but everything political these days, the political is being slammed as alt-right on social media. dramatic video, flash flooding

in los angeles after thunderstorms pound the city, fox senior meteorologist janice dean will have weather round-up for us. it's job's friday, dow, s&p, nasdaq all pointing higher. you're watching fbn:am. i no longer live with the uncertainties of hep c. wondering, what if? i let go of all those feelings. because i am cured with harvoni. harvoni is a revolutionary

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cheryl: remake, action film death wish is causing a lot of backlash. film follows a man who takes the law into his own hands and seeks revenge after wife and wife are brutally assaulted but in this political social climate some people are not happy, the movie promotes gun violence and twitter calling alt-right, seems strange time to give a hi five to older angry white dude going vigilante. angry old white man becomes vigilante, dangerous message. death wish alt-right. lauren: we have gotten too political. he's jumping and mad. that's the best bruise -- bruce willis out there.

passenger climbs out of the window and rescue chopper swoops in and makes a dramatic rescue. cheryl: that's something else. look at what happened in connecticut, a woman and her two young kids were trapped inside but the family was evacuated luckily nobody was hurt. lauren: standing vertical right there. unbelievable and the rain might not be finished yet unfortunately. weekend forecast, tgif. janice: it's friday, ladies, yeah across the east coast we have some instability so we could see showers in forecast across the northeast not only today but saturday. 74 in new york, feels a lot more sticky out there. look at the cold front, 50's across the upper midwest and great lakes, those are the typical temperature that is you see in the late fall.

past 12 hours you see golf moisture working its way to southeast. there's area of low pressure bringing potential for shower and thunderstorms. it is monsoon season and we have potential of flooding in southern california as well as four corners. the the big story out west, it will not subside until next week unfortunately. we will be continuing to watch the stories, happy friday, ladies. lauren: that map of the west looks scary. janice: it is, people need to be extra careful with the heat. cheryl: we have a lot more coming up because aetna is the latest insurance giant to pull out of obamacare, we are going to tell you who that's going to affect and what would dunkin doughnuts be without doughnuts. whether he explain. job's friday. ahead of the job's report which is coming up in three hours and three minutes.

we will be right back.

cheryl: breaking news this morning, president donald trump fires up supporters in west virginia as democratic governor of the state turns republican. lauren: special counsel robert mueller reportedly tapping a grand jury and issuing subpoenas into russian meddling in u.s. election, how far is he going to go? cheryl: in the markets 16-year low, is that really telling the story? ahead of the news dow futures higher by 41 points, s&p higher as well. lauren: job's report could have impact on the u.s. dollar and that's why global markets are paying attention.

cheryl: insurance giant aetna announcing it will pull out of obamacare next year. we will tell you how many americans will be affected. fbn:am starts right now. ♪ ♪ ♪ lauren: good friday morning, 5:31 in new york. fourth of august. i'm lauren simonetti. cheryl: good morning, i'm cheryl casone and today is -- lauren: job's friday. cheryl: enthusiasm. we've also got breaking news we are following for you. last night president trump spoke to a friendly crowd of thousands at a camp in south rally in west virginia where he talked up, yeah, the economy. >> economic growth has surged to

2.6% nationwide, you have to understand what that means, nobody thought that number was going to happen and it's 3% growth in west virginia. i wonder how that happened. unemployment is at a 16-year low. [cheers and applause] >> but don't forget, and i will never forget, the millions and millions of people out there that want jobs that don't register on the unemployment roles because they gave up looking for jobs. factories coming back into this country, you've seen that. they are coming back. we have auto plants expanding and coming back, they are coming into michigan, they are really coming into michigan and they are coming into ohio and pennsylvania. cheryl: west virginia's governor

also made big news last night, telling the crowd he's changing party affiliation. >> today i tell you as west virginians, i can't help you anymore being a democrat governor. [cheers and applause] >> so tomorrow, i will be changing my registration to republican. [cheers and applause] cheryl: well that was governor jim justice adding that neither him or trump or politicians and they both ran to get something done. more bad news for the democrats. lauren: yeah, president trump telling that crowd in west virginia that he believes the investigation into russian meddling in the election is, and this is a quote, total fabrication. >> what the prosecutors should be looking at is hillary clinton's 33,000 deleted emails and they should be looking at the paid russian speeches and

the owned russian companies. lauren: rally taking place just hours after a wall street journal report that special counsel robert mueller has convened a grand jury. cheryl: yeah, reuters has reported that subpoenas have been issued in meeting that trump campaign officials had with russian lawyer. blake berman. blake: president trump's legal team say they did not have a head's up. they say that is not unusual. president trump's counsel inside the white house saying in a statement thursday, quote, grand jury matters are typically secret, the white house favors anything that accelerates the conclusion of his work fairly. the white house is committed to fully cooperating with mr. mueller. jay sekalow part of the president's outside legal team and spoke with neil cavuto.

>> it's standard operating prejudice. blake: initial defense from sarah huckabee sanders pointed to testimony of former fbi head jim comey who testified under oath that president was not under investigation. another attorney for the president john dowed echos that defense in a statement, quote, we have no reason to believe that president trump is under investigation. a spokesperson for the special counsel's office would not confirm that initial wall street journal story. back to you in new york. lauren: attorney general jeff sessions taking action on the leaks, he is said to announce a major crack-down this morning of the leaking of white house information. senator lindsey tbra ham say the leaks are not fair to president trump. >> the person who did this may think they have a noble outcome

in mind. that's just chaos, you can't have people in the government working for the president picking and choosing what -- what to leak. that's just wrong and i hope we find out who the person is and they get punished. lauren: sessions has come under fire for not being tougher on the leaks. fox business will have live coverage as session announcement at 11:00 o'clock eastern this morning. cheryl: aetna announcing that it's pulling out of obamacare. lauren: investors love it. tracee carrasco with headlines. >> health insurer aetna would completely withdraw from on i'm changes in 2018 after seeing profits soar. it was withdrawing from nevada, last state it had considered staying in. aetna has gradually been withdrawing from obamacare

exchange and had decided to pull out in other statements because it lost $700 million between 2014 and 2017. lauren: it's only august but let's talk about christmas shopping. >> it's never too early to start talking about the holiday season. yes, remember that we told you that ups would be tacking on surcharges, well, fedex says it won't add charges unless it's oversized or over handling. ups surcharge from 27 to 97 cents. cheryl: rhyme hearing a rumor i'm troubled about. [laughter] cheryl: dunkin doughnuts might change their name?

>> yes, they may soon drop donuts. i think we've got it. the company knows that it has long referred to just dunkin in advertisers, americans run on dunkin. without donuts, what is dunkin? cheryl: really the coffee is where the money is for all of the coffee chains and they are going to redo the stores, i'm wonder if they will try to go to starbucks. tracee: maybe, who knows, whether he see. lauren: bogo still going on at starbucks. tracee: till the seventh. lauren? just a few hours we will find out how the job's picture is developing right here in the u.s.

unemployment rate is expected to fall to a 16-year low but is that the real story? >> i will never forget the millions and millions of people out there that want jobs that don't register on the unemployment roles because they gave up looking for jobs. lauren: what to focus on for the job's report coming up an investor reaction. how is health insurance giant cigna dealing with the collapse of obamacare, we will find out when it reports latest quarterly results. you're watching fbn:am horseheadswivellychair.com

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lauren: welcome back, everybody, let's get you caught up on what's happening now. ransom ware attack that hit many computers, he's been arrested on hacking charges, 23-year-old marcus hutchins, detained, tens of thousands of hackers that came to the city during black hat conventions.

health care company expected to earn 2.48 on $10 billion in revenue. cigna shares are up this year, up more than 32%, beautiful chart you're looking at. this is a nice story. sixth grader in north eastern indiana who was being bullied. showed up first day of middle school with some help with more than 50 bikers, local bike shop ownler heard about the bullying and the school welcomed the gang and it really a beautiful story. cheryl: what a great story. lauren: i know, i hope the bullying stopped for him. thank you to those bikers. cheryl: that was a great story. we have another big story for you. we are less than three hours away from the july job's report. 183,000 jobs with unemployment rate falling 4.3%, 16-year low. joining us rob morgan, rob, good morning.

>> good morning, cheryl. cheryl: we were talking about wages earlier this week. paychecks seem to be getting bigger for workers. is wages the real story today? >> i think so. i think the fed has been somewhat in a box hire. they've been raising rates and soon going to be reducing a balance sheet and the reason they do that is they want to choke off inflation. not only will wages be looked at from the and the point of workers looking for faster growth and wages but the fed also wants to maybe see even a little bit of wage inflation in the report today as well. cheryl: because they keep predicting that inflation and we haven't seen it yet. let's talk about the number itself, 180,000 jobs expected, you know, it's not 200,000 jobs, that's kind of where we were before the recession, how far away are we from getting to those types of numbers, that's the real economy, if you will? >> the fed has said that the

first -- the first part of the year really was temporary and i will take them at their word. hopefully we do start to see the numbers get closer to the 200,000 mark and 180,000, it's somewhat close but yeah, we would like to see more robustness there. cheryl: is there a real story with the jobless picture and basically low unemployment rate, we talk about the labor participation rate which is still remained relatively high and that's kind of been the negative story to the job's report that we have seen over the last years since the recession. the participation rate, is that the story today as well that we have to look at? >> yeah, i think i certainly think so. hopefully these discouraged workers that have been out of the workplace for the last several years as the rate

continues to go down that will draw more people into the employment market. cheryl: what about the manufacturing sector, rob, we brought viewers, toyota mazda expecting to announce investment, new plant, talk of apple maybe bringing new plants to the u.s. manufacturing, this is what president trump promised on the campaign trail. is this the reality? >> yeah, i think, you know, this is all -- this is all very encouraging news. certainly, you know, i mention before workers want to see wage inflation, so does the fed. employers don't want to see it, though, they are certainly hoping that wage inflation stays in check but i think on the manufacturing front the news is starting to look somewhat positive. cheryl: we hope so. rob morgan, thank you, rob. >> thanks, cheryl. lauren: most important report of the month.

it really is. coming up, basketball star steph curry trades jump shot with a forward with dramatic result. how do they pass time during rain delay? jared max has the dance-off coming up. what are the stakes today for global markets after the job's report comes out right here in the u.s. we are going to go live with the latest on that ahead of the data. futures are higher, 34th record close from the dow, eighth in a row. dow futures up and other markets higher too. you're watching fbn:am liberty mutual stood with me when this guy got a flat tire in the middle of the night. hold on dad... liberty did what? yeah, liberty mutual 24-hour roadside assistance helped him to fix his flat

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cheryl: pretty interesting in the major league baseball diamond. lauren: jared max is here, we will call it rare combination. jared: looking for a theme here. yesterday was august 3rd, highlights about number three. sesame street would say. first inning a three-run home run. goes deep to left field. 6 to 1 diamondbacks but the cubs all the way back. strikes gold for the third time. twenty-fifth home run. three home runners. cubs lead over the brewers a game and a half. this game took four hours to play because of rain delays. mother nature opened the doors to all of this happening. [laughter]

jars uniforms upside down. synchronize bobsled team. cheryl: they are good. jared: diamond backs are going to do human bowling as well. what was in that rain, tequila maybe. so today obviously our highlights are all about the number three, right? three home runs by one player chicago. three outs on one play in baltimore. james hit, machado, and then chris davis out number three, five, four, triple play, second time this year, the orioles play the trifecta. are you ready for football? cheryl: yes, i am. jared: cowboys against arizona.

the cowboys take the lead for good, 14-yard touchdown from cooper rush. dallas wins. known -- none of the starters played. it's colin cap -- kaepernick is getting a new team? miami is in need of a quarterback. now, a decision has to be made whether he waits six weeks to see if it will heal or just off for surgery and that would end season. matt moore took over yesterday, already talk about the possibility of colin kaepernick filling it. why doesn't the former 49ers quarterback have a job? he told delaware online.

owners making an example of kaepernick to discourage anybody else from doing what he did. jenkins said. we will talk about that. yesterday on tom brady's 40th birthday, if there was anybody else in sports who more men would like to trade places with in life? well, maybe this one guy. golden state warriors, nba champion steph curry. played in the web.com classic, finally got a birdie, shot a 74. 74, he beat out two-time pga, tom brady, steph curry, i would trade places for either. lauren: he's not even 30. jared: i wonder what they would say at colin kaepernick. cheryl, i wonder if he wants to

play anymore. he opted out in final year with the san francisco 49ers, he was more interested in social activism. lauren: which hurt the ratings for the league. jared: all that money that's there, this is a business. people talk about being blackballed, is he good for business, jon. i do think he's a good enough quarterback to be a starter, but do we want to watch him? cheryl: agree to disagree on the skills. jr. ' d -- jared. you might win. [laughter] cheryl: 24/7, siriusxm 115, we will be right back. lauren: coming out job's report can have ripple effect on the global markets but before that we are going to go live to london with the latest

lauren: july job's report is out in less than three hours and u.s. and global investors certainly paying attention. let's bring in riva gold from the wall street journal. good to see you, riva? >> good morning, you have seen market action grind to a halt in europe and it's not just because everybody is on august holidays. everyone is really excited and looking forward to u.s. job's

report, this is not only post read on the biggest economy in the world but really critical for the direction of the dollar which is played a key role in the movement of european stocks and japanese stocks lately. cheryl: talk about the action in europe right now. what are they going to be looking for in u.s. job's report. >> i think the average hourly earnings is going to be critical because that's the number that the fed needs to see, they need to get the go ahead on wage growth and inflation before they can start their balance sheet unwind and potentially raise rates later this year and that's going to be absolutely critical for the dollar, the dollar has been going no where but down lately. people are watch if the euro can get the 120 mark right now. that's played a huge role in how people think about european stocks, japanese stocks, if you get a weak figure, it could mean a downward leg for currency that's already under a lot of pressure this year. lauren: strong pound is impacting the ftse and the other markets there, right?

the stronger euro. >> yes, generally this year the trajectory up against the dollar and the euro has been on incredible tear. that's something mario dragi is going to be watching at the ecb as well. cheryl: thanks, riva with the update from london. we will be looking at the job's report. the wage issue is going to be big for the report as well as the number -- lauren: wage going up not just lower income but those at the top, everybody getting a bigger paycheck, thank you so much for joining us. cheryl: job's friday with maria bartiromo who is ready to go, good morning, maria. maria: thank you so much. happy friday to you, thanks for being with us. i'm maria bartiromo, it is friday august 4th, job's day, top stories right now 6:00 a.m. on the east coast. president trump rallying support in west virginia where he touted his re