cheryl: breaking house overnight, powerful earthquake hit méxico coast. 650 miles away fleeing buildings, now tsunami warning is in effect. lauren: we are tracking hurricane irma as governor asked half a million people to leave their homes, evacuation homes extending as far as georgia, irma to category 4 storm. cheryl: futures now pointing lower as well on all of this breaking news overnight. dow futures down by 79. lauren: stocks in europe opened under pressure, we are going to

take a look at why the u.s. dollar is plumping. cheryl: exports are going to be more expense i have there. japan's nikkei down .6%. lauren: massive cyber-attack, exposes more than half of the population. fbn:am starts right now. cheryl: it is 5:01 a.m. in new york. good morning, everybody, cheryl casone. lauren: happy friday, of course, we have to begin with hurricane irma. cheryl: yeah, we are going to talk about equifax, half of americans affected by security breach. so much news to get to. lauren: on top of all that, a

mass ifer earthquake struck méxico, southern mexico, causing build to go collapse in chiapas states, five people have been killed including children. cheryl: that's 650 miles away from the epicenter, power knocked down in some neighborhoods, video absolutely incredible. hospitals, schools have been damaged, méxico's strongest earthquake and méxico's president saying a few moments ago, this is the worst earthquake he has seen in a century. lauren: unbelievable. of course, we have to talk about hurricane irma. maximum sustained of 155 miles an hour, category 4 storm, it has weakened a bit. according to national hurricane center latest projected path which we are looking at, irma is expected to hit florida early

sunday morning. >> the winds are the strongest, this is the most important, the winds are as strongest they've ever seen from hurricane coming from that region. we are with everybody in florida, we are working very hard. cheryl: rick scott announced last night all schools as well as state offices will be closed, k-12, all universities, there's been at least 11 deaths reported by the way in the caribbean including 3 in the u.s. virgin islands, that island has been reduced to rubble. irma will slam the bahamas and cuba. irma is over the bahamas. lauren: good to see you,

congressman. >> good morning. lauren: that includes daytona beach, give us a sense of the situation there. there's no evacuation order where you are but i'm sure people are heading towards you, what is the fuel situation, what's on the ground? >> a lot of it is trying to follow the track of the storm, if you go back 24 hours, it was a chance to go north before it hit florida and stay in the atlantic, every forecast has pushed it further west and the current forecast is hitting the south florida. that makes it difficult for people who are trying to evacuate because where do you evacuate to. tampa could get hit by it, jacksonville gets hit like this. the calls they make about evacuations are not done lightly and done to try to save people's

lives and i think that having seen harvey and the devastation that happened, i think most floridans are not taking any chances with this storm and i think that they are airing on the side of caution which wasn't necessarily the case last year with matthew because it had been a long time since florida had been hit by hurricane and we had millions of people in our state who had never experienced a hurricane. having seen what happened with harvey, people did not want to take chances with this thing, it's a big storm, as you know, it has slowed down a little bit but it's still powerful at a category 4. lauren: congressman, we are running against the clock here, many people just want to get out of the state of florida, what do you do, you go to airport, they are overcrowded right now. some airlines bringing in bigger planes, orlando closes saturday night, 4,000 flights canceled between now and saturday, how do you get out now which is almost the last minute? >> well, if you're in south

florida, there's just no time to wait. if you're in central or north florida, you still have a little bit of time to do it, but, yes, you can get a flight out. a lot of people have flown to atlanta but now you may get hit into atlanta but it's a difficult decision in terms of logistically what you do. when there's an evacorder just get out of dodge. what's going to happen in if areas is you will have life-threatening storms. lauren: can you update us in a fuel situation, we have a couple of seconds here? >> they are doing everything they can, they are bringing big tankers, exporting them, legitimate huge problem and they are doing everything they can to mitigate the problem. congressman dye santos, thank you, good luck to you, sir. >> thank you. lauren: janice dean has been tracking the storm. cheryl: yeah, looks like the

storm is going to hit straight into florida, there's no question mark about it. up north in florida in washington the house now expected to vote on the controversial harvey package today, but many conservatives are reluctant to vote to increase the debt limit. president trump made the deal with democrats to fund the government and increase for three months as part of disaster aid to harvey. lauren: showing bipartisanship there. the president and democratic leaders discussed scrapping debt ceiling vote. house speaker paul ryan saying in an interview that he would oppose any deal to eliminate the debt ceiling vote. >> it's imperfect as this tool is, i always see this as tool for fiscal discipline and one of our powers as constitution which is congress' prerogative exercising the power of the purse. >> you are not in favor -- >> i've always -- i like the fact that congress controls the

power of the purse and that gives us opportunities for fiscal discipline. lauren: what's the situation between speaker ryan and the president, the white house says they discussed the agenda. cheryl: to be a fly in the wall for that dinner. lauren: i know. cheryl: anothertory that we are following for you this morning, a group of first responders is now suing the own e of the texas chemical plant for $1 million, remember, we brought you the story, police officers and first responders suffered bodily injuries when the plant released toxic chemicals during explosion last week. those chemicals that became unacceptable if not refrigerated, well, those first responders, they are going fight the lawsuit, their employees did everything they could to protect the public in a dangers situation. lauren: now back to that hurricanes to deal consequences from irma upon us this weekend.

all right, being called one to have worst data leaks in history. guess what, it could affect half of the u.s. population. cheryl: half of america and that's what we know so far, tracee, good morning. tracee: good morning, ladies, the real irony here that equifax that many people use to guard against identity theft, 143 million customers are being placed in compromising position where their private information in the hands of cyber criminals. although we are just hearing about this now, equifax says the massive breached was discovered july 292009, sensitive information, social security numbers, birthdays, addresses and in some cases driver's license numbers, credit cards number exposed in the breach which includes customers in canada and united kingdom. equifax says core credit card

database was not affected. the hackers gained access to certain files in the company's system from mid-may to july by exploiting a weak point in the website's software. that's according to an investigation by equifax and security consultants, even if you don't think you're a customer of equifax, there's a strong possibility they have data as credit reporting agency, gets information from credit card companies, banks, lenders and retailers to help determine a person's credit score. in video message to customers, here is what chairman and ceo richard smith said. >> just clearly a disappointing event, one that strikes at the heart of who we are and what we do. i deeply regret this incident. i apologize to every affected consumer and all of our partners. tracee: now, in an unprecedented move equifax is offering every consumer in the united states a

xre hence sieve package and credit card monitoring for free to enroll, visit www.equifaxsecurity2017.com. equifax stock took a hit and fell more than 13%. ladies, i reached out to equifax, may have been given free membership from other companies or retailers that experienced their own security breaches but a spokesperson would not answer my question, so you've got the people that are trying to protect themselves and now they are caught up in the whole mess. lauren: unbelievable, tracee. hackers have every piece of information to create a second identity for you and you to deal with picking up those pieces. cheryl: by the may this happened mid-may to july and we are just now learning about it. that might be good to point out

to equifax. >> absolutely. >> coming up, we are going update on hurricane irma, the storm has weakened to a category 4 hurricane, we just got the 5:00 a.m. eastern time update, we are also going to tell you how all five living presidents have come together to raise money per mucker victims and martin skreli may be heading to jail sooner than you think, the reason involves hillary clinton. you're watching fbn:am.

lauren: welcome back, let's get you caught up on what's happening now. the max exodus in airport complicated by man armed with a knife last night. she was shot by police after he gained access to secure realm and made it on to the tarmac, he reportedly is in stable condition. federal appeal's ruling that grandparents, cousins, other close relations of people in the u.s. should not be prevented from coming into the u.s., the unanimous decision upheld in earlier ruling by federal judge in hawaii. federal prosecutors want to see pharma shkreli in jail after

threat to hillary clinton. he told his nearly 100,000 facebook followers to, quote, grab hair from clinton while she was on her book tour. last month he was convicted on security fraud and one count of conspiracy. living former u.s. presidents have launched a joint effort to raise money for relief following hurricane harvey. former presidents bill clinton, jimmy carter, barack obama, george w. bush, and george h.w. bush announced one america appeal during opening nfl game last night, cheryl. cheryl cherlg obviously we are going to need the funding as we've got irma on her way this weekend and, you know, we should say once again that about 15 minutes ago we got the upgrade, the downgrade, update from the national hurricane center, irma is now cat 4, but the state, florida, bracing for landfall and key west expected to be one of the harder-hit areas.

let's bring in to see how the coast guard is preparing, deputy security commander for coast guard in key west waiting out the storm in florida, commander, thank you for joining us this morning. >> thank you. cheryl: did you get the sense that residents were taking order to evacuate? >> the roads were pretty clear and that's because people had been evacuating before that, but as far as the preparations that we took, we completed a number of actions, we put all of our cutters to sea, they got underway and sailed in groups so larger ships are supporting the smaller ships, we relocated our command center, our central hub that manages search and rescue operations, we started implementing restrictions on

vessels in the port, as of 8:00 a.m. this morning, we will close and stop water side operations and the port will remain closed until after the storm and, of course, we evacuated our personnel to orlando area. cheryl: commander, i'm assuming you will go back by boat. key west itself is only 20 feet by sea level. i've read several expectations now that key west could be completely under water, do you expect that in your experience? >> well, as you know, key west is a pretty low-lying area, it's definitely going to be inundated, it's going to complicate rescue operations for us if structures are completely submerged, but we are equipped for the response, likely doing a lot of search and rescue by helicopter as we saw hurricane katrina and recently hurricane

harvey. cheryl: people will not heed the evacuation orders, that they will say specially in key west that's been through so many hurricanes, you the folks who say, i'm going ride it out, aree you prepared for those evacuations, sounds like you are, i'm assuming the expectation is higher than irma. >> we are definitely prepared. hopefully people are getting the warnings, we are urging mariners, during height of the storm rescue systems are not in place. cheryl: we have seen folks that head out and go bridges for the storm's impact, would you recommend that for people that are staying do such a move? >> i can't recommend that, you know, the county issued that evacuation order so that's all i

can speak to at this point. i do know that i saw on my way out there there were cars lined up on the bridges because basically that's the highest point in key west, so that's a high point. cheryl: commander lexia littlejohn, thank you so much for joining us this morning. we will keep updates with you and your pog as you wait out the storm. >> thank you. lauren: florida braces for impact of hurricane irma, where is it going to hit the hardest? fox senior meteorologist janice dean has been tracking the storm very closely, she is coming up when we return. attorney general calling out chevron for price gouging ahead of hurricane irma, gas prices are been going up, demand down. nasdaq down 10. you're watching fbn:am.

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lauren: as florida raises the clock to prepare wrath, some businesses are seeing as way to profit, chevron accused of price gouging by florida attorney general pam bondi. >> you cannot inflate prices during the time of a hurricane for essential commodities, we noticed we had about 45 complaints against chevron gas station, chevron, if you're watching me right now, you need to call us and tell us why your prices are inflated in south florida. lauren: she even threatened to expose names of other businesses and even encouraging people to

boycott merchants that inflate prices in a time of crisis. cheryl: she was not kidding around in interview in fox business yesterday. very latest on hurricane irma, let's go to fox senior meteorologist janice dean who has been tracking the storm. janice: 2 miles short of a 5 and still potential to become a 5 again, so just because you see a category level go down, the impact is still potentially catastrophic for the bahamas turks cacos and south florida, the water ahead of it is about 90-degrees and doesn't have a lot of land interaction, still a very powerful storm and example hurricane katrina made landfall was a 3 but the storm surge was a like a 5. so that's the type of storm that we are dealing with.

saturday, sunday, taking worst case scenario, worst hit from possibly category 4, as i mentioned, look at the waters ahead of this, close to 90-degrees, waters are 86 right here. potential for this to strengthened as making landfall which makes it more dangerous storm. european and gfs models are in agreement. south florida and the whole state of florida potentially could take the wrath of this storm and then the computer models in very good agreement now and then we have to watch georgia in the carolinas, but for the weekend, it's a florida story, florida keys story and this is potentially going to be one of the worst hurricanes they have ever seen in florida history. there's the track again, just because we downgraded the storm a little bit 2 miles short of a 5, does not mean that we are not dealing with potential catastrophic storm hitting florida this weekend. back to you. cheryl: it could come on land as

cat 5. janice: doesn't matter, cheryl, 4, 5's, it will still have potential 10 to 15-foot storm surge which could take out parts of the keys and south florida. do not -- this does not matter, crossing it out. doesn't matter. lauren: congressman desantis is telling, where do people go, we can't go to north of florida because the whole state is affected here. you to get out of the area. janice: listen, south florida and the keys are the most vulnerable right now, if you can move north ward to central florida, still hurricane, it will not be as strong, you will not be dealing with that storm surge, that potential wall of water, so if you can go north ward that's my advice right now. cheryl: janice, thank you very much. janice dean. lauren: plus as the houses gets set to pass controversial bill, president trump signals he's

willing to cut more deals with democrats. we will talk to a republican and a democratic strategists about any political fallout. raising major concerns about apple's tenth anniversary iphone, they might be in short supply. we will tell you why. dow futures down 58, nasdaq down 8. we will be right back. today, we're out here with some big news about type 2 diabetes. you have type 2 diabetes, right? yes. so let me ask you this... how does diabetes affect your heart? it doesn't, does it? actually, it does. type 2 diabetes can make you twice as likely to die from a cardiovascular event, like a heart attack or stroke. and with heart disease, your risk is even higher. you didn't know that. no. yeah. but, wait, there's good news for adults who have type 2 diabetes and heart disease.

jardiance is the only type 2 diabetes pill with a lifesaving cardiovascular benefit. jardiance is proven to both significantly reduce the chance of dying from a cardiovascular event in adults who have type 2 diabetes and heart disease and lower your a1c. jardiance can cause serious side effects including dehydration. this may cause you to feel dizzy, faint, or lightheaded, or weak upon standing. ketoacidosis is a serious side effect that may be fatal. symptoms include nausea, vomiting, stomach pain, tiredness, and trouble breathing. stop taking jardiance and call your doctor right away if you have symptoms of ketoacidosis or an allergic reaction. symptoms of an allergic reaction include rash, swelling, and difficulty breathing or swallowing. do not take jardiance if you are on dialysis or have severe kidney problems. other side effects are sudden kidney problems, genital yeast infections, increased bad cholesterol, and urinary tract infections, which may be serious. taking jardiance with a sulfonylurea or insulin may cause low blood sugar. tell your doctor about all the medicines you take and if you have any medical conditions. so now that you know all that, what do you think? that it's time to think about jardiance. ask your doctor about jardiance.

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evacuation orders now extending up to georgia. lauren: stocks led lower by hurricane-related insurance stocks, taking a look at futures this morning, dow down 58, s&p down 5. cheryl: in european stock markets are under pressure hurt by stronger euro. we are going the london in a bit. lauren: the u.s. dollar dragging down stocks in asia, shanghai composite down fractionally. cheryl: did president trump debt ceiling with the democrats leave nancy pelosi in charge? we will debate that with political panel. fbn:am starts right now. lauren: tgif, 5:32 a.m. in new york, good morning, i'm lauren simonetti. cheryl: good morning, i'm cheryl casone and obviously hurricane irma is on her way and then we've got all the other big news coming out of washington today.

lauren: earthquake to tell you overnight. cheryl: breaking news on massive earthquake off the coast of southern méxico causing buildings to collapse in chiapas state triggering a tsunami warning. at least five people have been killed including two children. lauren: u.s. geological survey magnitude 8.1 quack caused build to go sway violently, power knocked out in many neighborhoods, hospitals, schools, severely damaged. méxico's president said it's the biggest the country has seen in its century, cheryl. cheryl: hurricane irma is moving through southern bahamas right now, maximum sustained winds, 155-mile per hour, irma is expected to directly hit florida early sunday morning. >> the largest hurricane they've ever seen coming out of the

atlantic and the winds are the strongest most importantly, this is the real problem, the winds are the strongest that they've ever seen in hurricane coming from that region, so we are with everybody in florida, we are working very hard. lauren: florida governor announcing all schools and offices will be closed today through monday. 11 deaths in the caribbean including three in u.s. virgin islands. st. marteen prib ceses juliana airport smashed by irma, completely smashed. the prime minister of barbuda says his island smashed, literally reduced. cheryl: all destroyed, the pictures are just so sad coming

out of the caribbean this morning. lauren: what people are sending you now. cheryl: friends in st. bart's are sending me picture and they still have no prior. investors are reacting to all of this. u.s. stock future index pointing to lower opening, ray blanco is joining us now, good morning, ray. >> good morning. cheryl: we should point out to viewers that your in naples, florida, how are things going there right now and are you thinking you may have to evacuate as well? >> i may have to evacuate, we are watching the storm track closely. things are a little crazy over here right now. we have long lines for water, canned food, gas, cash from atm machines, hundreds of thousands of people evacuating so there's a lot of traffic on our roads, so it's a pretty busy scene down here. cheryl: we've heard from other florida residents that they say we are floridans, we are tough, we have been through storms

before but forecasters are saying that this is going to be a storm of epic proportions, worst hurricane ever in the atlantic, do you find that you and your neighbors, your friends' businesses are taking extra precautions? >> indeed, we are seeing people boarding up windows, people are leaving town, people are getting set up for the storm, we have seen this before in florida, we get this fairly often and this is looking like it's going to be the worst storm since andrew in 1992, so there's going to be a lot of people that haven't been through a major storm yet, overall, we are seeing a pretty robust response in florida, we are pretty well prepared. cheryl: we were looking at big insurance companies that got a lot of florida exposure and i want to ask you because you're a market analysts, we are looking at universal, all of these have big florida exposure. as investors, as you prepare for the storm to come to your hometown, as investor you have to be asking yourself if this is a buying opportunity for these

names? >> well, we will see how the storm plays out and that could really affect losses, we are seeing the names that you mentioned, double-digit selloffs because investors are looking at just what's going on and they're expecting they are going to have to pay out many billions of dollars, but, you know, the track the storm takes, if it goes up, at the center of the storm goes to less inhabited areas and we expect it turns to sea, although that's not in forecast at all, i want to make that very clear, it's like -- it's all depending on the weather. on the other hand, we have upside and companies that would help with any rebuilding like home depot or lowe's, increase in sales after the storm passes over. cheryl: home depot, lowe's, all

of those names, we are seeing investors heading for gold, safety, it's all about safety right now. ray, well, we are going to leave you and tell you the please be safe as the storm approaches. >> thanks, a a lot. lauren: angering republicans, does that mean that nancy pelosi is in charge of the house of representatives. we will ask robin byro coming up. the tenth anniversary apple phone hits major speed bump. you can buy it later this month. maybe, you are watching fbn:am

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college tuition, even finally getting out of credit card debt. come to lendingtree.com to shop and compare home equity loans right now. because at lendingtree, when banks compete, you win. cheryl: welcome back, let's get caught up on what's happening now. update of obamacare repeal bill on monday, hope to go bring to vote by the end of the month, only obamacare left after the so-called defeat of skinny bill. looking into moscow's interference in 2016 presidential election, he wants twitter to brief the panel soon on any russian activity on its

service during the campaign. spokeswoman for twitter to comment on the plan. sources telling the wall street journal that apple's new iphone was hit by production wishes over the summer and the new phone reportedly could face extended short falls and analysts are reducing production for sales for the crucial holiday period for this year. finally this, a boost for disney new subscription video surface has debut in 2019, disney says it's going to offer marvel and star wars on that service. live action family films that's currently overall netflix and run in theaters and sold on dvd and digital stores, disney is saying, good luck netflix we are out of here. lauren: turn to go politics, more backlash to the president's budget deal with the democrats as the house votes today on that

controversial bill, here to weigh in on the political fallout is former adviser to brad blakeman and robin byro. we have a perfect storm of events between the hurricanes, north korea tensions, the dc turmoil. let's begin with dc turmoil. the house is expected to vote on it today, do you expect it to pass, robin? >> yes, it must. we have to raise the debt ceiling, we cannot default in national debt, donald trump knows this and i think after two failed attempts at the health care reform he was ready to get it done, whatever it took and scrap partisan politics. so if this was the idea, i'm glad that he's outside of the box and i'm glad that nancy pelosi and chuck schumer stepped up and ready to work. lauren: faction of them called

the republican committee and 150 republicans, many of them said they are going to vote no on this bill. >> well, the good news is they are probably not going to be needed because they'll be enough democrats to make up for republican losses, auditory word in washington has been compromise and compromise is great. we have to do it in every form of our life, personal life, business life and it has to be done in politics too. my caution for democrats is, be careful in taking a victory lap and overplaying your hand, if you want the president to go to the well again and compromise, then, you know, don't gloat about it. lauren: i think you were listening to counselor to president kellyanne conway, brad, and i will bring robin to respond because essentially she said, look, the president is not a politician, he's businessman and he cut a deal even though he had a compromise for the american people. >> and that was exactly what he needed to do and i'm glad he did

it. he was the ultimate political outsider, he was in not the party favorite of the gop, so and just this past week, excuse me paul ryan and mitch mcconnell didn't do him any favors, so i think that nancy pelosi seized on that and here we are at the table finally negotiating and working to get things done that are going to deliver promises for american people. lauren: you brought it up paul ryan and nancy pelosi, part of the reason the deal was made, part of the reason the deal was made was because the president wanted, you know, the bipartisan moment for the country but house republican -- sorry, let me move on. i asked you that question already. what does this say about the future of paul ryan. i know that there are reports that steve bannon was meeting with some members that talk about replacing him? >> i think paul ryan will be just fine, i think he's well respected and thought of in the republican caucus and this deal is good for the american people

because it not only take care of relief and raises debt ceiling and let's see if the democrats are willing to bargain and compromise in december as they were in september. lauren: what is expected to happen in december, robin? >> we have to revisit this, again, this is only a three-month band aid, basically. it's just going to get through, we have the raise the debt ceiling yet again but this was a start. this was the most urgent priority coming out of their -- their vacation, so we've got this done but we are going to hit the problem again, right again at 3 months and we have to be able to hit the ground running. lauren: what about the future of nancy pelosi, there was question about future, effectiveness, is she back in power? >> no, she's not back in power. i think if anything it says, she's an equal power. she's not, you know, above the republicans who are in the

majority. i think that she was smart as chuck schumer was to come to the table and deal in good faith with the president and you noticed that when people come in good faith, deals would be made and like robin said, this president is not political, if anything, he's more transactional than anything else. if democrats were smart, take this deal and move on and build on it from strength to strength. don't overplay your hand. lauren: maybe he can use democratic support as they move onto tax reform and other issues. brad and robin, thank you very much. >> thank you. cheryl, well. it was a big night for football fans, the nfl season opener did not disappoint, it was the chiefs versus the pats, out did the super bowl champs do? the ladies final for u.s. open in place, jared max has sports coming up. and why is the u.s. dollar down 2% this week, live report from london on what's ailing the

greenback. politics, irma, all of it weighing on futures, dow looking lower by 59. s&p nasdaq as well. you're watching fbn:am.

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lauren: nfl season kicked off last night. super bowl champs didn't like look super bowl champs. cheryl: you poor patriots fans. jared: happy friday, the patriots strong out of the gate

but football is four quarters. patriots scored touchdown against chiefs and got outscored 42 to 20. since tom brady became quarterback, new england had 5-2. chiefs rooky had one of the greatest debuts in nfl history, it became a game of hunts catch-up. hunt who caught two touchdowns also ran for one. 98 yards receiving, 148 yards on the ground. chiefs score points and win 42-27. before game chiefs running back peters did not stand and didn't kneel, sat on the bench. venus williams will not be there, she was trying to reach a grand slam single title for the

eighth time. fantastic points, double-match points, speeches gets into first u.s. open last night, the late match not much of a match, first set, gets the point, wins the set 6-1, much of the same, 6-2. tomorrow night madison keys against stevens for the title and the men's semifinal today. hurricane irma approaches the u.s. mainland many floridans have traveled north to georgia which opened the door for atlanta braves to show up southern hospitality. the braves announced yesterday that they will have free tickets to this weekend's four game series against the marlins for anyone who had to evacuate florida. the braves say anybody show up with florida id and hope to take their mind off the storm by

coming to enjoy baseball game. florida state seminoles canceled all supporting events, florida gators game canceled as well as for south florida. all righty, if the cleveland indians were to win 15th game in a row, local windows company in cleveland would have to refund $1.7 million in purchases. it was a promotion by universal windows direct, they said that if the indians set a team record 15 straight all windows purchased in july would be refunded. guess what happened last night, my friends, the cleveland indians won 15th game in a row. they bleached the white house 11.2, they are in it for $1.7 million in refunds to anybody who purchased windows, they took out 75-dollar insurance policy. cheryl: a lot of baseballs hit a lot of windows as we have seen multiple times. jared: furniture stores did it if a certain thing happens,

that's kind of cool. what's the odds that they go win 15 straight. that's pretty wild. cheryl: i'm still celebrating the fact that patriots lost last night. jared: fans of teams are doing the same. great weekend, enjoy the nfl this weekend and stay safe in sunshine state and beyond. cheryl: obviously that's been a huge story. jared, thank you so much. jared max sports resports, -- siriusxm 115. lauren: straight to london to find out what's behind the weakness in the greenback p.

cheryl: euro reached a 2 and a half year high versus the dollar today. christopher from the wall street journal joins us now. chris, good morning. >> good morning, cheryl. cheryl: what's going on, it's really playing havoc on markets over there? >> the dollar has been weakening for a while now. as you member that came in the back of markets thinking that president trump's policies of cutting taxes, boosting infrastructure spending would boost growth and that would get

the federal reserve hiking rates an push the dollar, what has happened is inflation is actually, remain very low, surprising economists, at the same time you have seen in washington not passing as quickly as people may have hoped so on that the dollar has weakened slightly and expectations of growth and inflation not coming through so quickly and as a result federal reserve not hiking interest rates as people had hoped. that's one thing. more individual recent factors as well, you've had the tensions in north korea, that's caused investors to go to heaven assets like gold and to buy currencies like the yen and swiss frank which they tend to move into when they are word. that has pushed the dollar down. you've had the awful hurricanes hitting the u.s. as well as costs, the fed isn't going to raise interest rates as people

thought beforehand. finally you have european central bank yesterday and upgraded and reaffirmed the story of the euro zone doing better which pushed the euro and that push it is dollar down. you can see across the board, dollar has come under a lot of pressure. lauren: thank you. >> it means the fed might not have to move so quickly and help u.s. companies to. cheryl: christopher, thank you very much, that is it for us, we send it over to maria bartiromo. mornings with maria starts right now. maria: happy friday to you, i'm maria bartiromo, it is friday september 8th, your top stories right now 6:00 a.m. on the east coast. breaking news overnight, a major earthquake strikes méxico. triggers tsunami waves, méxico's president says it is the largest quake in 100 years and at least five people have been killed. florida meanwhile waiting for hurricane irma after it slammed turks&caicos.