>> breaking news this morning. arm is wrapped. millions still without power. jeff flock reporting live in >> top new sanctions and the u.n. yesterday. gordon chang, author of nuclear showdown against the world is here. >> fears of a nuclear armed north korea and damage from hurricane carmen are continuing to sing. dow futures up 43 points. nasdaq 10. >> wall street's rally was satire they are. report on the global market

action from london. >> right near 10 highest-paid nikkei up 1.2% and the south korean kospi at the quarter of 1%. dream to apple unveiling several products. would you pay a thousand dollars for a new iphone. "fbn:am" starts right now. lauren: this 501 am in new york tuesday come september 12. i'm lauren simonetti. cheryl: good morning i'm cheryl casone. tempting live outside of california. los angeles dodgers is though playing the san francisco giants at this hour. we don't have the picture, but you can trust us the game is still going on. 2:00 in the morning in san francisco. big rain delay. jared max will join us later on.

lauren: by the way, i would spend a thousand dollars on an iphone. breaking news this morning. millions of residents in florida began cleaning up after hurricane her mother they do not have air conditioning. 50% of the state has no power. one estimate says $30,000 in damage. much less than an estimated 200 billion forecast over the weekend as the storm wasn't as strong as feared, but certainly deadly. six people killed in florida alone. footage shows the destruction particularly in the florida keys. many boats and homes were damaged when irma to the area as a category four storm and they are saying the damage is different in each of the keys. u.s. navy dispatched the aircraft carrier abraham lincoln to the region to help with relief efforts. cheryl: heavy rain hitting jacksonville with record floods. the streets of the city turning

into rivers. theme parks in orlando sustained major damage. they are going to reopen this morning. miami beach will reopen today as well although it is going to be a lot to clean out. arm wrestling in florida after ripping through many islands in the caribbean. nasa really seen before and after satellite images. pretty credible to look at. tropical cream to brown. meanwhile, irma is still producing heavy rain and strong wind is a tropical depression still sitting over the southeast causing widespread flooding and power outages. three people killed in georgia, one in south carolina. 10 people have died now as a result of damage, which is the t

highly populated area, it could've been a lot worse. the focus is clean. we're following a power crews crews as well as look out the window they power crews way to e

the enormity of all of this. we are doing that today. lauren: jeff flock, thank you very much. cheryl: hurricane irma was a devastating storm that the cost to insurance companies to be less than.after miami. the more expensive real estate part of the country is a direct hit. one estimate puts losses at 20 to $40 billion down from as much

as 50 billion. joining us now by phone from tampa is the insurance expert. good morning. >> good morning. cheryl: we are trying to get a sense of what the impact is. 40 billion, 50 billion. i heard 90 billion. where do you think we are setting? >> i've heard everything from 10 billion on the low side to 90. that is different than the total amount of damage will be. anytime the insurance companies have historic damage and a good portion is going to be picked up by the national program. most of the carriers doing non-flood related type work is going to be much lower than what it could've been had the storm gone up or down before. cheryl: certainly that's a financial break as well. let's talk about the cost to business as well.

some reports that as many as 50% homeowners business owners and floored it did not have flood insurance. >> and that is true. as a matter of fact from the last few years 15% of the people that have flood insurance to the national flood program dropped the policy. it's been so long since we've had a major storm that caused a lot of flood damage. frankly we got really lucky because it could've been a lot worse. the keys and certainly done in marco island, talking about in historic loss and not storm stayed up 1005 to 10 miles. the judge said earlier, we dodged a big bullet in the state of florida. cheryl: you certainly did. at the same time, reinsurance seems to be what ends up on the

hook, not just insurance companies and direct carriers, but reinsurance companies. a lot of pressure to trade publicly. do you expect that continue or do you think wall street is too nervous about the curb? >> i expect they should be nervous. they have been developed since hurricane andrew is needed largely relied upon these large catastrophic risks. if you go over to the private flood market just starting up, i hope it doesn't go away because it's completely dependent upon the reinsurers. cheryl: chipped marlin, we appreciate you joining us especially coming from florida trying to recover. thank you. lauren: u.n. security council has unanimously approved new sanctions on north korea but it doesn't go far enough. it doesn't completely banned

imports or freeze the leader kim jong un. it does ban textiles and natural gas imports. u.s. ambassador to the united nations community haley. >> today we are saying they will never accept a nuclear armed north korea and today the security council are saying if the north korean regime does not halt its nuclear program, will act to stop it ourselves. lauren: a closer look at a sanctions could affect north korea when we speak with an expert on all these things. gordon chang coming up later in the hour. cheryl: while the big day is finally here. colin at the party in cupertino. i made that up on the fly. they are going to be revealing a new iphone today. lauren: tracee carrasco joins us with that and some other

headlines. tracee: it could be any number of things. today is the day when all of our iphonequestions about the new iphone's are answered. investors will tune in as apple holds its most important product event 10 years unfailing the appalachian apple tv and other surprises at its new headquarters in cupertino, california. price tag is expected to be around $1000 many users will likely pay that premium bundle millions of mobile phone but also personal computer, video player, music player, reader, everything else. ahead of today's announcement, apple stock is up just a bit. cheryl: you have to explain to me what an organically demanding diet is. lauren: i don't know but this is why the iphone is so expensive. the cost is 80% more. they tried to get rid of the

home button and replace it with facial recognition. we will see what happens. this could've been one of the reasons for production delays. tracee: they are trying to keep that. they're trying to do everything. pre-orders for the galaxy not have had the highest ever beating its predecessor note seven. pre-reached about 650,000 over five days from 40 countries even at the price tag of $932,960 b. at the note april: phil on friday. consumers are willing to spend more on phones unless on computers and laptops to the average prices for tvs and laptops have fallen 50% over the last 15 years to $467.590 for laptop. the average smartphone prices have fallen 32% to $303 in the decade since the iphone introduction.

the average iphone selling price rose to 25% to $645 in 2016 up from $629.2009 and now we see today more than a thousand dollars. >> which i bet people will pay. this controversy with equifax won't go away. several class-action lawsuits against them. tracee: at the number of class-action lawsuits against the equifax keeps going up. they have the deadly 23 for class-action lawsuits since its disclosure of personal full identifying information for 143 consumers may be compromised by a massive cyberreach. senate finance committee wants a detailed timeline of the breach about the efforts to identify the number of consumers. the scope of information compromised in the steps of

equifax is taking to eliminate harm. cheryl: tracee carrasco upcoming thank you so much. hurricane armor hammered almost every single inch leaving over 6 million residents without power and money without food. >> is sitting there appeared hot, hungry, tired. it's awful. lauren: of the latest on the relief efforts in why some of president trump's lawyers when his son-in-law jared kushner to step down. we'll be right back. ♪

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and why a pro football team chose us to deliver fiber-enabled broadband to more than 65,000 fans. and why a leading car brand counts on us to keep their dealer network streamlined and nimble. businesses count on communication, and communication counts on centurylink. cheryl: welcome back. let's get too caught up on what's happening now. "the wall street journal" said the lawyers are president trump concluded a few months ago they jared kushner should set down a senior white house adviser because of possible legal complications over the investigation of russia's involvement in the 2016 election. trump didn't think kushner should quit. a milestone for the federal debt. the federal government has more than $20 trillion in outstanding debt for the first time ever.

the amount held by the feds had been stagnant since march due to the debt ceiling the president trump sign into law a bill that suspended the debt ceiling until december 8th. finally, look at this video. a plane crash camera veered off the runway, crashed into a parking lot in plainfield, connecticut. the 80-year-old pilot suffered only minor injuries after his plane, as you can see, went right into a tree and kind of just flipped over and he walked away. lauren: at 80 years old he walked away. imagine being in that they'll been watching now. fortunately he is okay. a lot of people are not okay in the caribbean and florida as hurricane armor stretched across nine states. the damage just getting started

in here to talk about the relief effort is brigadier general honecker. you're also the vice chief of operations. thank you for coming. how are you doing? >> eyeball. how are you doing. lauren: can you give us an idea how many are helping them for what states? >> yeah, absolutely. since we observed the events of september 11, it's worth noting 18,000 national guardsmen are supporting actor forces all around the globe in the hot spots in the middle east and south asia. building upon that didn't go into the storms of harvey, texas and irma, we've got 20,000 kurds and on duty with an even split for taxes and florida, georgia, south carolina and alabama today. >> is hit so many states and it's been double hurricane irma and harvey.

if we can stick on florida teachers described the devastation and the type of equipment the national guard needs to use to get into these areas. >> florida is organized in five task forces or three or a maneuver task forces, kind of a multiple force package to support civil authorities. everything that occurs occurs locally. each local emergency operation in the counties receive assistance from those task forces that support them so they can expand the capability and capacity to deal with whatever damages have occurred county by county or florida. a thousand national guardsmen in support of civil authorities with an additional 8000 soldiers and airmen into florida. many of them arriving yesterday by strategic air lift and many more background in the next 72

hours. lauren: good to know. if we can finish here to talk about the many residents in the korean who are dealing from a two thirds of the homes completely utterly destroyed that there were fears on the verge of a civil war, seeing violence. can you respond to that what is needed to calm things down? >> al-azhar military capability into those particular islands. the surrender control of french, dutch and u.k. so we have been chopped and south come to evacuate american citizens. but the 6130s onboard about 1500 growing numbers of american citizens off the silence. lauren: brigadier general wendel hagler, thanks for being with us. train to some pretty harrowing

stories out of state martin and particularly in st. thomas. prayer is that those americans. we've got more coming up. she's not really done. we will talk about what is left of hurricane irma hitting the southeast as well right now. also looking at hurricane josé. that hurricane could hit the east coast that next lease. fox meteorologist janice dean has your forecast coming out. we'll tell you about one airline that fills a lot of it's just from hurricane harvey. they all got a new home. you are watching "fbn:am".

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irma took its toll. southwest airlines helping out more than 60 dog and cat displaced by hervey. the houston shelters loaded onto a plane all by themselves. and they were flown to san diego. the pets are now up for adoption at the humane society of san diego. lauren: dagen mcdowell is listening somewhere. burma has been downgraded to a tropical depression comes to live in the southeastern part of the united states. cheryl: she is tracking it. she is here. meteorologist janice dean here at the latest. reporter: good morning. #no way josé. hard to believe 48 hours a landfall of hurricane not just around that level bringing

showers and thunderstorms across the tennessee river valley, mid-atlantic by this time tomorrow we'll have dissipated which is great news. we will still see potential for flash flooding in and around the center of our mother. we are going to see spread out widespread impact in terms of winds and rain are really not a bull's-eye of really heavy rain which is good news. hurricane josé. what on earth will this do. at this point we don't know. it is sitting between two areas of high pressure in not moving much. as we get into the weekend, it comes close to the u.s. but will it make landfall? at this point we don't know. look at the forecast models here. looks like my kids took a crayon scribbled all over the map here. one of the reliable forecast models commend the european model as it making a u-turn, which would be great as not

affecting the u.s. and that is a computer model i would like to believe that at this point. we are in the peak season it will monitor josé. #no way josé. trade for a second that. cheryl: going to get that trending right now. the united nations passed on north korea, but they are not going to make any difference. we will ask jordan chang, author of nuclear showdown north korea takes on the world. hillary clinton's book hasn't even been released in two of the weakest booksellers are slashing the price. we will tell you what happened to "what happenene." we'll be right back.

cheryl: breaking news this morning. irma unleashing her rap across the entire southeast. the storm has left florida. millions there's though without power this morning. lauren: the united nations is for tough new sanctions against north korea, but will they matter? gordon chang, author of nuclear showdown america against the world. cheryl: jogged 259 points with north korea and damage from hurricane irma faded. pictures pointing to a higher rope in. transfer of ulster rally yesterday certainly helping stocks fare. the cac in paris and dax in germany. don 1%. cheryl: japan's nikkei up on .2%. in south korea, the kospi edging upward 72%. lauren: liquid intensity that is out. amazon slashing the price. what happened to "what

happened." "fbn:am" starts right now. cheryl: 5:32 a.m. in new york. good morning. cheryl casone. lauren: good morning. i'm lauren simonetti. i have to say it's a good book. cheryl: all the breaking news we've missed overnight. millions of residents in florida started to begin cleanup after irma appeared 60% say it has no power. they cost about $30 billion in damage to us than the estimated $200 billion forecast over the weekend in the storm wasn't as strong as feared although it was still deadly. six people did die in florida alone. it shows the distraction in the florida keys. both in houses damaged in florida had the area and the cat

four storm. this may be dispatched the aircraft carrier abraham lincoln to help with relief efforts. lauren: urbanist storm surge and heavy rain hit jacksonville in the northeast part of the state. the streets of the city turned into rivers. the theme parks in our land of sustained minor damage but goodness, walt disney world and universal studios say they are reopening this morning in miami beach's reopening today as well. irma saint florida after ripping through many islands in the caribbean. nasa released these before and after satellite images. check it out. they turn from tropical rain to mud covered brown after the monster hurricane. she is still producing heavy rain and strong winds as a tropical depression hitting the southeast, causing widespread flooding and power outages. of these three people killed in georgia, one in south carolina.

cheryl: as florida residents are trying to get home this morning to see what left of their homes, millions are without power assist is picking up the pieces left behind. here to talk about the relief efforts, tony briggs, regional communications director for the red cross. good morning. >> good morning. cheryl: georgia and seemed stunning images out of charleston, south carolina. how quickly can your team get down there and get in place and how people get back in their homes? >> we have people pre-positioned in those places and what we will end up doing is having some folks have the assets to the areas did buy irma. i myself will be traveling to tallahassee this morning. we understand the need and the need is great and we are very thankful the storm has passed

and now we are just working with our partners and governmental officials to help people pick up pieces. cheryl: okay tony, so what are the areas that most need this morning of you in your team's efforts? what other towns are we talking about? >> jacksonville in florida and it looks like charleston right now. we still have the overnight reports we are looking at. i do not charleston. that's where my team will be another team's defense throughout florida and at the coast as we start to look at the damage has been. cheryl: in particular, looking at the areas that is south carolina and georgia, but what about key west? we don't have a clear picture of what happened. i know they are both happening to key west, but can you yourself get down there or is it too soon? >> we are looking at governmental partners to work on

the housing plan to make sure we have shelters down there, to make sure we work with the navy and everyone else trying to make sure that the residence down there has somewhere safe to say while they rebuild. right now we are working with everyone to bring our peace of the pie to the equation so we can quickly get down the inside have been said the red cross is here thanks to the generous donations of the american public. cheryl: two things. i know those across the country. what do you need specifically? is it they be clothing, diapers, shirts, what do you need? >> the one thing we talk about, something like this really inspires people to want to give. people may not have the money. they may not have the material things. so we just ask them to put a red cross.org and volunteer. they can actually become a red

cross and help those in need. cheryl: that's a great idea. we are leaving it on the really positive note. thank you, sir. trade for u.n. security council only kept the north of crude oil at the level of the last 12 months. oil of course is the lifeblood of funding and feeling nuclear weapons. but they do ban imports of all natural liquid. north korea expert jordan chang joining us now, columnist for "the daily beast" and author of nuclear showdown, north korea takes an hour or so excited. these are the strongest sanctions facing against north korea yet. the question is it's not everything the u.s. wanted. are they strong enough? >> i don't think they are strong enough. the reason is the chinese and russians want sanctions that are perhaps calibrated to bring north korea's to the bargaining table. north koreans have made it clear

that is the last thing they want to do right now because they want to basically develop their nukes and missiles and when they are confident their arsenal, they may be willing to talk to us. we want sanctions to prevent them from getting resources necessary to develop that and so therefore, the sanctions although better than the last that i will leap out from the u.n. since 2006 and clearly not working. lauren: that's a follow-up question. do you expect them to be ineffective, the compromise resolution. >> absolutely. we know that because nikki haley, our ambassador to the u.n. released that the u.s. proposal was and what has popped out in resolution 2375 is much weaker than what the u.s. sought. cities aren't going to do what we want them to do.

they will however please china and russia, which are really trying to protect their client, north korea. >> north korea will make the u.s. suffered the greatest pain because of the sanctions. but what do you expect the north korean response to be? i guess that in the backdrop of kim jong in, obviously cares for his people. i imagine continuing to do this to the international community could mean the obliteration of this nation. >> certainly. i'm not so sure the north korean leadership cares about the north korean people. what they do care about is the survival of the regime of course. they want to sell this stuff to the array and then to others and also they want to achieve and how to achieve the core goal of the north korean regime and that is the absorption of south korea. they want to take over south korea to intimidate as once they

feel they are in a position to do so. cheryl: korten shanker and thank you for your time. >> thank you. cheryl: quite a day for the stock market. easing tensions with north korea and the news, didn't do as much damage as expected. what will irma and heard the theme for the interest rate decision? we will ask jonathan hoenig. amazon wal-mart slashing the price of hillary clinton's new book. what happened to "what happened"? you are watching "fbn:am." horseheadswivellychair.com

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what do you think? that it's time to think about jardiance. ask your doctor about jardiance. and get to the heart of what matters. the lauren: welcome back. the trump administration's travel ban held by the supreme court at least temporarily. the court granted an administration request and temporarily blocking the ruling that places restrictions on the president travel ban. lower court ruling is on hold until they can submit written arguments to the court by this afternoon. a county judge in maryland has ordered the state bar to investigate complaints against three lawyers accused of

deleting e-mails while representing former presidential candidate hillary clinton. new york city are doing the lawyer should be investigated by the issuing evidence. speaking of hillary clinton, her book is due out today it has already much cheaper on amazon and wal-mart. they reduce the price of the book called the "what happened." simon & schuster said oppressive dirty dollars. the discount is helping sales for now. already the book is number one on amazon. cheryl: but do her loyalists want to relive the past so soon? i don't know, we will see. a sigh of relief yesterday with the s&p closed another record high. dow industrials below the record close. north korea and irma warren focus. jonathan hoenig. >> i've got to give a shout out to you.

when we came in yesterday morning, futures were taken off and it seems at least half of that was the fact there was no launch from the north koreans over the weekend. >> so much anxiety headed over the weekend. it almost felt this great sense of relief rushing market in stocks blasting off not just their own market but the asian market, s&p and 10 year highs procter & gamble, big high-quality well-known stocks. despite these concerns, irma, north korea. it's a bullish sign. cheryl: if you think about it, all this rough projections about what it would do to the economy and those made will come through the thursday gdp had even from

harvey that's taken a plane now. with that being said, what does the fed do? would this mean the fed will not hike interest rates the rest of the year because of damage from hurricanes? >> you certainly got that sense coming into the storms, way down although they came up yesterday. i have to tell you it's an even bigger factor, the fact that we are due for a correction. it's been eight years since we've had the second longest bull market in history. the second strongest in history. with all these concerns in north korea, taxes, et cetera. keep chugging higher and higher. what eventually will burst that bubble could be decided, could be north korea. despite all of these headwinds. >> it's interesting you brought up tax reform because they are

kind of getting through the devastation at least for today. that will come back front and center for investors. still saying we'll have the bull market? >> it's almost easier to decipher what will happen with the hurricane. orange juice futures rise ahead of the storm fall with insurance companies and fell before the storm. if we don't get tax reform given how much money could be a real number for the stock market. they invest more of their money. cheryl: i love the optimism. coming up, opening night for monday night for all against the denver broncos to one. in baseball, cleveland indians keep their winning streak alive. jared max has your highlight.

>> when i said rocky start, i came out here to punch you. and also i don't talk so good. lauren: melisma kierkegaard emmy for white house press secretary sean spicer. we will tell you all about that one. you are watching "fbn:am." the that, and i am better looking. i heard that. when it's time to get organized for retirement, it's time to get voya.

>> that's it for today. spacey is going to go bye-bye. i need a big way now. exactly one minute before tomorrow's press conference. live from tomorrow at saturday

night. lauren: dairy days. melissa mccarthy is for white house press secretary sean spicer. one of the highlights at saturday night this past season including her writing out new york city at the podium screaming at people. she was awarded at the creative arts awards for the 2017 emmys. she won the emmy for outstanding guest dress in a comedy. cheryl: i'm going to miss melissa mccarthy a sean spicer. lauren: i don't think she's going to miss it. cheryl: the first weekend of the nfl season wrapped up with a monday night double feature. lauren: jared max at the highlights. >> happy tuesday. broncos and charges in denver. i will try to avoid doing to avoid dealing with the referee did not microphone. he called on the san diego chargers. last night they fell behind first quarter. the first 2000 connections.

24-14 in the fourth quarter in san diego to travis benjamin. with a chance of overtime. five seconds left. the l.a. charger do not get the upgrade. i knew it was going to happen. earlier in minneapolis, fantastic, efficient, like rick reichmuth-6. they do it again. last night led the vikings to a nice big jury. adrian peterson with new orleans last night. 18 carries for 18 yards and six carries, even had a thought for sean payton. he said we've got to run the ball up the middle. same plus 29-8 team. three teams from florida. jacksonville jaguars, and all

the main displays. they've been in. they're scheduled to play home sunday in tampa. right now charlotte. no decisions made yet. dolphins are the cowboys practice facility. tampa bay rays were supposed to be at home against the new york yankees this week that it got moved to city fielded new york were the yankees still win five to one, three to run homer in here was the difference. minor damage sustained, 6% of the roof membrane was destroyed. it'll get fixed after this season. the longest win streak in baseball since 1935. they shut out exploring 133-32. the baseball game just ended at 11:00 eastern time about three hours of rain delays and the giants beat the dodgers 8396.

this is the longest baseball game was seen as far as time ending. cheryl: even with a three-hour delay, they do count the delay. >> and spoke with david cisco, but it was along the dodgers have left 11 straight losing streak since los angeles. the probably have more fans. thank you. you can catch sports reports on fox news headlines 24/7 unserious xm channel 115. >> the tuesday european stocks higher today. we will get a live report from london.

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and ai to help thousands get to work safely and efficiently. this is not the cloud you know. this is the ibm cloud. the ibm cloud is the cloud for enterprise. yours. lauren: wall street got a nice boost from damage and hurricane irma and global markets are higher today. "the wall street journal" joining us now. hi, john. the damage less than expected from the hurricane driving world markets today? >> yes. we always have to remember basically what drives world markets is that they think other people will think and how they will feel about sentiment. right now sentiment has been weaker than expected and also the old, the right call in north korea with russia and china

backing sanctions. the sentiment is out, stocks have and at the same time down just like we saw yesterday. >> weak dollar helped in emerging markets yesterday. it has been a trend this year. we see the emerging market equities on a total return basis were up 30% compared with 16 global stocks. the emerging market companies very often issued dollars to benefit a lot. they got cheaper borrowing which you think exporters benefit from when the dollar is stronger in currencies are weaker. we see how important global performances. tranter we certainly do. thank you very much. cheryl: dataset for "fbn:am." we will say good morning today can make towel. she is in for maria bartiromo.

dagen: good morning, everybody. dagen mcdowell in for maria bartiromo. 5:00 a.m. devastation in the south. millions without power in florida, georgia and south carolina. downed power lines as many struggle to return home following hurricane irma. >> there is still dangerous conditions down, electric line, problems that would be compounded by reentry. local officials not only by evacuation but for a reason. >> the latest of several airports fight to get up and running following the massive storm. tax reform on the table. literally, a moderate democrat than republican senators focused on getting a deal done that happens this evening. the highly anticipated