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tv   FBN AM  FOX Business  November 9, 2017 5:00am-6:00am EST

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lou: that's it for us tonight. we thank you for being with us. tomorrow sebastian gorka and ken black are among our guests. thanks for joining >> by looking at victor mendes, an incredible job producing agreements just signed by those major companies, we are off to a very, very good start. train to breaking news this morning, president trump wrapping up his historic visit to china with $9000 in deals for american business. train to the house ways and means committee getting a vote on the gop plan for the senate to release their version later today. train through the markets one year since the election of donald trump at the top 20.5% in this time. the nasdaq up 30%.
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train to a lot of earnings are today. macy's chemicals, nordstrom's peer futures pointing to a lower opening. train through europe stocks opening the session to the upside. the cac in paris at two points in the best performer. cheryl: japan's nikkei edge and lower. shanghai composite up slightly. and then there is this. >> i wanted to write this book to tell my story and the american people to see what happened. lauren: the former dnc chair donna brazile talking about disarray in the democratic party. all of those highlights for you. "fbn:am" starts right now. ♪ train to a 5:01 a.m. here in new york. thursday, november 9th.
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and cheryl casone. lauren: i'm lauren simonetti. that is a good interview. drink you will be playing some bias. tucker carlson, donna brazile. we will be playing this invites. he's making a joint statement with vice president xi jinping. they've announced agreements on north korea and then trade. american and chinese firms signed commercial deals on $9 billion for the companies include boeing, ge and qualcomm. >> we agreed not to replicate failed approaches of the past. we agreed on the need to fully implement all u.n. security council resolutions and to increase economic pressure until north korea abandons its reckless and dangerous paths. today i discussed with president
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xi our relationship as it pertains to trade and concrete steps that will jointly take to solve the problem. the united states is committed to protecting the intellectual property server companies in providing a level playing field for workers. just by looking at the tremendous, incredible job producing agreements just signed by those major companies who are off to a very, very good start. lauren: still a $27 billion trade surplus that china has with the u.s. even though twitter spam in that country, the president able to tweet including president xi. thank you for such incredible welcome ceremony. just one of many tweets. there is a reception at the state dinner in the president and melania in beijing expect it
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to go to the state dinner momentarily and have a cultural performance. in lot of wining and dining taken place. president trump scheduled to leave china for vietnam later today. he does intend to meet with the president vladimir putin. rex tillerson says the meeting is still under consideration. i wonder as president xi and president trump play nice committees that help you get supper with russia in terms of north korea. drink a lot of things to cover. we did get live pictures we'll bring to you. accurate homecoming of a piece of news to talk about this morning. one of the biggest media tilts ever now under threat from the justice department. according to reports from antitrust regulators call for major changes to at&t proposed takeover of time warner. the required time wanted a sellout a lot of the television unit which is the parent company of cnn or directv.
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lauren: at&t ceo randall stephenson responding until now if never commented on discussions with doj, but given doj statements this afternoon it's important to set the record stay. her of the process i've never offer to sell cnn and had no intention of doing so. shares of at&t as well as time warner, at&t is down about 11% this year. time warner is higher by 2%. trench of us at washington and the senate finance committee to release his tax reform bill as they voted on this bill. the senate version expect it to be different putrid and three adam has details for us. >> good morning, the expect patient for the taxcutting jobs out the recall tax reform is the house ways and means committee will voted out of committee today, send it to the house for
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a full vote next week. once it's out of committee, we should get the mark. the legislation the senate finance committee is working on. there are already some hurdles for the legislation to crossover. for instance, the tax policy center came out late wednesday afternoon saying 7% of taxpayers will pay more in 2018 if the law takes effect is proposed from the house and by 2027, 25% of taxpayers will pay more. there's going to be some differences. here's a kevin brady, chairman of the house ways and means committee says about all of this. spinning this will differ in some regards and the whole bill will see some different approaches than where we are headed in the house. the healthy thing. >> democrats like nancy pelosi are already on the attack. >> they ask republicans on this committee and perhaps on the floor of the house to walk the
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plank on the bill that may not be the final product. they are asking them to reject the concerns of their constituents. >> limit of issue difficult for the senate to deal with, the house bill will actually at $1.7 trillion to the national debt that exceeds the 1.5 trillion they are trained to aim for. back to you. cheryl: former white house chief strategist buchanan once again calling out mitch mcconnell to step down. in an interview on hannity last night, mcconnell is a show in urgency passing dozens of bills. i'm sure in the given him. >> i think mitch mitch mcconnell out to tender his legislation. we need to resign taxes. mitch mcconnell tomorrow should tender his resignation and say after we get taxes done i will step aside and have a read though the majority leader.
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cheryl: been going on to say democratic election victories in virginia and new jersey this week were not a referendum on president trump. lauren: democratic ernie chairman donna brazile that the democrats lost in the shares presidential election saying she wants the american people to see what happens. she told tucker carlson why should its questions on the democratic primary town hall to the clinton campaign. >> what is thought to do was to ensure we have these issues on the table and then made sure that our candidates come i didn't want them blindsided. but what wikileaks put out. [laughter] >> that's a good good you should do this for a living. >> that's hilarious. lauren: bill clayton campus condescending and dismissive toward her. she defended her predecessor as
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debbie wasserman schultz handled the hakuba d&c server that did contain critical voter data. tree into coming up, we will keep talking about that interview and take a closer look at the shocking revelations that have come from donna brazile. our political panel will weigh in coming up next. more trouble for actor kevin spacey. he suddenly disappearing from a movie that's about to come out. you are watching "fbn:am." ♪ alerts -- wouldn't you like one from the market when it might be time to buy or sell? with fidelity's real-time analytics, you'll get clear, actionable alerts about potential investment opportunities in real time.
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you know what's easy? building your website with godaddy. pick a domain name. choose a design. you can build a website in under an hour. now that's a strike! get your domain today and get a free trial of gocentral. build a better website in under an hour. i love you. lauren: vice president mike pence offering condolences at a memorial service for the big amount and days church massacre in texas. parents telling the crowd americans continue to pray for them in the aftermath of the deadliest mass shooting at a church in modern u.s. history. the air force investigating why kevin kelly's domestic violence conviction was not admitted to a database is to conduct background checks on gun buyers. two dozen democratic senators
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introducing a bill to ban the sale of military style assault weapons. the proposed bill would ban palm size devices like the one used in the las vegas massacre. a new assault to tell you about against actor kevin spacey -- actor kevin spacey. spacey got her son drunk and then him at a restaurant when he was 18 years old. amid all these accusations come as spacey has lost his soul. all the money in the world and report the use and replace by actor christopher plummer. the movie set to release pretty soon, december 22nd. cheryl: a lot more going on under washington and writer in new york. democrats coming out swinging against dnc chair donna brazile airing the dirty secrets of the democratic party in her new book. >> we lost an election last year. many thought we were going to
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win so i did a forensics examination of what we did wrong and what we could do better. i want rank-and-file democrats, those are the people i listen to. those are the people i respond to. i want them to know how hard we work to a lecture where clinton happened on the ticket. trained to debbie wasserman schultz had been mutual. the very neutral and they weren't in the tank for hillary. but bernie sanders has got the nomination? would he be president today? what do you think? >> hillary clinton cheryl: is. a crack in the democratic party. here to weigh in, microstar hot cans, sean jordan with us from california. good morning. let's start with you on this. it looks like the disarray that the split of the democratic party is getting even bigger,
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especially with brazil's new book. >> the party respond with the shellacking of republicans on tuesday. donna brazile has some legitimate points. the dnc does need to different viewpoints. does need to be a little more open when it comes to moderation. the democratic party is strong. we are a big tent party and we are moving forward. cheryl: i don't know about shellacking of it to governors races, sean, but it's in a 25 year low. an unfavorable rating the democratic party. so that shows that the party really does have some issues. >> would sink deeper into the pole. neither party is pleasing the american people. the republican party that 37% down from 44 in marriage.
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interestingly enough for that poll, 48% of nonwhites have a positive view of the democrat party had 35% of people under 35. clearly that is not a united party. let's get past the talking points. neither party has seized the time and there is really about capitalized on that anger is so prevalent the american electorate. we are in uncharted waters here. the ache in the face taught us in 2016 if it's a mistake to apply the template onto the future. a lot of forces at work in a whole year to go before the next election. as you pointed out those are two blue state governor races that it's really murky. >> let me .1 thing out. the future governor wanted loudoun county by 20%. when ed gillespie ran, when a lasting mark warner won by almost 5%.
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let's not pretend -- >> or was that republican turnout. at at gillespie is a nice guy but he's d.c. swan. he has the disadvantage is that they are by his name but none of the advantages of the republican base. cheryl: there's another thing i want to talk about here and that is what happened with donna brazile in the interview when they talk about feeding talking points to hillary clinton in the campaign. listen to this. >> cnn provided us with questions is cnn never give us anything in advance. what i did say in the past and what i said in this book is that i as an office of the dnc and i know wikileaks gave everybody certain questions in certain e-mails, but i decide to expand the number of debates and i wanted to make sure we had diverse voices and covered
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issues that had not been discussed in previous debates. these were active measures were you guys see the same again to hillary, you haven't had a chance to see the things i gave to bernie r. martin o'malley. cheryl: basically when she was on her attacker, who is equal time, the issue is getting fair treatment, but we know that is not the case financially anyways pictures or until the shed to get approval to spend a dime for the hillary clinton campaign, michael pitt >> register because the hillary clinton campaign finance are they saying they would help fund the dnc and help them get out of debt and interim dnc chair she had to go to the clinton campaign for approval. we can talk about whether this ethical issues during the primary, but the same document at bernie sanders signed, hillary clinton signed. cheryl: i think ernie might
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have -- press secretary couple weeks ago and shared the same thing to say. it's time to move forward. >> she wanted to make sure they were prepared. >> we don't know other than her testimony that she gave questions to bernie. >> she gave questions based on economic issues. cheryl: they will be talking about this a long time. we are out of time. great to have you guys. lauren: coming up, big night for country music and cma awards crowned the spirit of country music. lauren: will have one of the highlights coming out. check out this video. a driver the shuttle in las
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vegas. it crashes just hours after it was launched. we will tell you what happened. you are watching "fbn:am." ♪
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♪ ♪ you nervous? ♪ ♪ ♪ ♪
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whentertaining us,es getting us back on track,hing? and finding us dates. phones really have changed. so why hasn't the way we pay for them? introducing xfinity mobile. you only pay for data and can easily switch between pay per gig and unlimited. no one else lets you do that. see how much you can save. choose by the gig or unlimited. xfinity mobile. a new kind of network designed to save you money. call, visit or go to xfinitymobile.com. ♪ >> and cma award for entertainer of the year goes to garth brooks. lauren: he did it again. garth brooks winning entertainer of the year last night.
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miranda lambert.com miranda lambert to calm her seventh award for best female vocalist of the year and chris stapleton won the third award, his third award for best male vocalist. cheryl: here now with some other big moments are the countries biggest night. croatian case. >> good morning. what a fun show put a little something for everyone. a few weeks ago the country music association came out with weighty guideline telling reporters they can't ask any political questions. after a whole lot of backlash they overturned the rule, but i was carrie underwood and brad paisley were going to pay attention anyway because they started off the show with a joke about anthony scaramucci, hillary clinton and also had this message for president trump. ♪ cheryl: qaeda get that job demand. some people disagree. the reaction was mixed.
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brian on twitter said no problem whatsoever. made fun of everyone and it was good natured. took me all of five minutes to turn up the country music awards. just keep politics out of my entertainment. people were kind of divided about the moment. tyler perry presented an award and he also had a message for everyone. he spoke about unity. take a listen. >> it's never been more important than it is right now that we all come together, find some common ground, spend some time listening to each other and realize we are more alike than we are not alike. >> amen to that. that's something we can all get behind. wal-mart responded to that with the tree thing we all need to come together and listening to each other. then they said tyler perry is right about how music obsessed tonight. the night was also dedicated to the terms of recent tragedies.
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brad paisley says all those lost in the healing, we love you i will never forget you. one of the most emotional moments of the night was when carrie underwood paid tribute to all 50 of us vegas shootings that comes with this song. take a listen. ♪ >> so powerful they are, right? something people may not know is that keith urban performed a song inspired by the vic times of harvey weinstein, sexual assault that is. we have a little bit of little bit about the so-called female. ♪
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it was the night was the sentimental moments, some political moments, but mostly it was about the fan and having fun. a little something for her one last night. lauren: garth brooks, did you abstain? >> to detonate he did lip-synch? cheryl: there was a report that there was some lip syncing going on. we are digging into that breaking news. >> we can't hate on him too much. cheryl: great highlights from last night. lauren: good to see you. we want to show you images last night at the president, president trump in the first lady. none of the meeting with president xi jinping of china, there have been a state dinner after they die mail attend a cultural performance. tranter will monitor live, but also a lot more coming up when
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it comes to your money. a big day for tax reform. a key house committee getting set to vote. trying to sell the plan as good for the housing market. >> i really think going for growth, going for money in people's pocket really drives frankly the whole economy including housing. cheryl: will talk about the debate when it comes to the value of your home. and a wedding and the fast casual food business. panera bread tying the knot. that's a lot of soup. you are watching "fbn:am." ♪
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>> by looking at the tremendous, incredible job producing agreement just signed by those major companies, we are off to a very, very good start. train to breaking news this morning, the president wrapping up the historic visit to china. $9 billion in deals from american business. >> the house ways and means committee could set to vote on the gop plan. the senate expected to release its version later today. cheryl: markets marking one year since the election of the president. major gains of 20% since the election. s&p 21%. the nasdaq up 30% in the last year. cheryl: retail earnings today from macy's chemicals, north terms plus vault disney added that features down from the gallup 32. cheryl: in europe comes in europe, stocks opened that day in red right now. that's down slightly as well as the cac.
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cheryl: japanese nikkei edging lower but didn't president currently having dinner up slightly. cheryl: gop lawmakers say the tax bill was sent home prices higher, the real estate executives say home prices are going to be hammered. a closer look at that. "fbn:am" starts right now. train 25:33 a.m. in new york. train to good morning, everybody. i'm cheryl casone. the 10% hidden values, and then they get to come on the show is that home values will be lowered by 10% of the gop tax plan post there is a lot of americans not happy with tax. lauren: matters where you live. that's her with breaking news this morning. president trump and the first lady melania in beijing with
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live pictures of the event. president trump in a joint statement the president of china xi jinping. they announced an agreement on trade in north korea that all of this as chinese companies and commercial deals valued at $9 billion. the companies include boeing, general electric and qualcomm. >> we agreed not to replicate sales approaches of the past. we agreed on the need to fully implement all u.n. security council resolution for north korea and to increase economic pressure until north korea abandoned its reckless and dangerous path. today i discuss with president xi to chronic our relationship as it pertains to trade in the concrete steps that will jointly take to solve the problem.
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the united states is committed to protecting the intellectual property server countries in providing a level playing field for workers. just by looking at the tremendous incredible job producing agreement just signed by those major companies, we are off to a very, very good start. cheryl: even though twitters banned in china, the president is able to treat including the street. president xi, thank you for a welcome ceremony. the truly memorable an impressive display. he is scheduled to leave china after the state dinner we are showing you pictures on the bottom of your screen. he will head to vietnam later tonight. the president indicated pete plans to meet with wagner putin. such a meeting is still under consideration. christian consideration. chris jenkins reported that on the fox news. lauren: an economic summit in
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vietnam. the senate finance committee set to release their tax reform bill today after the house ways and means committee votes on their version of the bill. the senate version expected to have some key differences. cheryl: adam shapiro and washington has those details for us. reporter: good morning. the expectation for the tax cut is that the house ways and means committee will voted out of committee today, send it to the house for a full vote next week or once it's out of committee, then we should get the mark. the legislation that the senate finance committee is working on. they will crossover. for instance, the tax policy center came out wednesday afternoon same 7% of taxpayers will pay more in 2018 if the law takes effect as proposed in the house and by 2027, 25% of
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taxpayers will pay more. there's going to be differences ironed out between house and senate. kevin brady chairman of the house ways and means committee says about all of this. >> the senate will differ in some regards. you'll see some different approaches than where we are headed in the house. this is the way it works is to make democrats like nancy pelosi already on the attack. >> to ask republicans on this committee in the florida ballot to walk the plank on the bill that may not be the final product. they ask them to reject concerns of their constituents. >> one other issue difficult for the senate to deal with come deal with, the cbo says the house bill will add $1.7 trillion to the national debt that exceeds the 1.5 trillion that they are trained to aim for. back to you. lauren: they are still making the sausage. we want to know how to house gop
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proposal affects the housing market. jeff taylor, cofounder and managing direct care. good morning. >> yeah, so looking at the proposal right now, looking at lowering it millions of dollars, that is one market really specifically. the market where somebody could be buying in the house that's valued around three or $400,000 may be looking to go to house more than $600,000. people are not going to make the move because they move the mortgage interest adaption. but that ultimately does is it now pushes pressure down on houses that can be looking for the first-time home buyer that actually will raise rates artificially because supply and demand stomach the housing market more than it should be. lauren: let me play devil's advocate for a second. new york, california, this is where real estate prices are
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high and a lot of people take out loans for $500,000 and we have high state and local taxes. he could be a one-two punch in the high tax states. for the rest of the country it really is a big deal. they don't take out loans that big for the most part. >> that's a good point. when you think about that, we have an issue where some of the loans that would be lower maybe would not be effective right now. we have to see what it ultimately comes out. the homebuilders will accept the benefit because to your point they will be mourned 200,000 to 400 houses and they have profit growth. we have breaking news. thank you. >> president trump is speaking in beijing. let's listen in.
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[inaudible] [inaudible] >> we come from different places and faraway land, east than the last. [inaudible]
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[inaudible] [inaudible]
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[inaudible] -- in the dreams of our children. [inaudible]
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lauren: that is president trump thinking the chinese beauty is in beijing thanking them for a wonderful visit that he had been talking about a strong relationship into between the two countries. lauren: strong trade relationship into a multibillion dollar deals that wasting time for boeing and ge. he's getting some business done and after the dinner having to vietnam. lauren: him is to play nice with the chinese. they have a trade surplus with us and at the same time say we need you to bend a little bit as we try to tackle north korea. it's tricky.
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train to the president wrapping up in china appeared in china. the atlanta followed that we want to bring to you. first, the tsa scorned and after a recent test of procedures found that it failed to detect weapons most of the times. the tsa screeners and equipment. panera bread getting back together, buying the food chain after they sold it back in 1999. panera bread announcing that ron sheikh is stepping down seven months after selling the chain which also owns krispy kreme. you're going to love this story. a 93-year-old veteran scoring an upset win in a local new jersey mayors race veto for a while since he wore two pairs of shoes campaigning door-to-door.
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he says he was motivated to run after a pair of whistleblower lawsuits against the police department but the million dollars in settlements. a local hero. lauren: social media campaign. he actually went knocking door to door. apple now the first company to hit $9 million in terms of its market cap leading the race to become the world's first trillion dollars company. apple throwing his hat into the world tv streaming as well. announcing a new show coming morning television show that is jennifer aniston and reese withers into the first show will be about the struggles of host being early morning tv. that's something a little bit about here. apple has ordered two seasons of the show set to debut in 2019. let's look at apple shares because they gain 10.5%. it will be a $1 trillion company. the third-best performance.and the dow this year surging more than 50%.
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train to a self driving shuttle bus on the vehicle debuted in las vegas. >> today marks an historic first un-american story soil operating in my traffic. >> first time operating in life traffic in the first time this vehicle has ever been in a wreck. >> in six places in the world we have transported 275,000 with the vehicle is and it never happened before. >> the shuttle is on one of its inaugural ride in this truck decided to pull into seventh street. >> is stop the designed them in the truck chase continued and never stopped backing out. >> it's ironic it's it's ironic if the maiden day. the first day, you know.
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>> one of those moments you say why did i wake up in the morning. truly i think the technology has proven yet again because all eight people in the vehicle about without any harm. >> cited for backing into the shuttle and the developers say they will use this as a defensive driving lesson. >> the machine learned a very important lesson today. like human sometime do things that are completely made and in this case been better to retrieve. >> i'm still kind of aside from it are that the feature. you can't stop the future. cheryl: unless the feature crashes into a semi truck. lauren: in sports next, stunning new video of the plane crash with that killed pitcher roy
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halladay. the stock index futures pointing to an open today. we will be right back.
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lauren: some tension inside the nfl. jerry jones threatening to sue the league over a pending contract extension for roger goodchild. china honors in the compensation committee that he will also see them personally if the extension for caddell goes through. jones is reportedly still upset over the lake decision to suspend star running back ezekiel elliott. cheryl: tragedies in the world of baseball. this week there is new video surfacing of the moment or not to roy halladay's deadly plane crash. the two-time award winner was fined aggressively close to the water, increasing and decreasing elevation rapidly. nearby boaters rush to the wreckage to see if they could help. the 4-year-old former picture the place for the toronto blue
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jays and philly saturday passed away. lauren: by the way, that plane is like a sports car basically. in the past six months. train to another loss of life. red sox prospects. some complications stemming from cancer treatment. known for is quick glove, the venezuelan prospect was sent to the red sox organization back in july. espn is reporting arizona diamondbacks slugger jimmy mcdonough and the $2 million range. right fielder split last season in the diamondbacks made a career year is 45 homers and hit 303. train to the golden golden state warriors but kevin durand out of
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the lineup over 20 points. a couple of rebounds for golden state takes a 125. warriors had code makes time for a manicure when asked about who will be starting the game. >> everybody ready to tweet? just let me know when you guys are done. hang on, but the trouble trouble with some cuticle here. he wanted to make sure the reporters had enough time to trey gowdy dancers. a classic why roy matchett. the l.a. lakers at tv garden. i read irving weaving his way to 19 points.
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boston wins over the lakers at final 4107-96. cheryl: sorry what, i'm just working on a cuticle is here. lauren: i just got a manicure for once. cheryl: authorities expanding the anticorruption crackdown. a live report from london. more changes happening in the kingdom. you are watching "fbn:am" at fidelity, trades are now just $4.95. we cut the price of trades to give investors even more value. and at $4.95, you can trade with a clear advantage. fidelity, where smarter investors will always be.
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lauren: saudi authorities moving to tackle the bank accounts bear river gold from "the wall street journal" joining us at the latest on the story. what's going on? >> good morning. my fellow reporters in the middle eastern reporting has become the latest target in the sweeping anticorruption campaign by the current saudi crown prince. analysts point to this as part of an anticorruption program as well as a bold move to consolidate power in the kingdom. this is a former sort of trusted ally and is really a very high profile target comest assert a
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marks an escalation of a pretty big and bold gamble made by the current crown prince in his campaign to root out corruption in the saudi economy off of oil in a new direction. >> we've seen to move at a price of oil is what's happening in the kingdom, but also russia. they've been selling more crude despite the opec deal. the russians are basically trying to putting their nose up at the world had what's going on? >> technical or they are not breaking rules in agreement because that targets production. they are kind of slow in the impact of some of the current agreements on oil prices and putting supply and demand back in balance. effectively what they are saying as the plastic demand in russia
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with more efficient refineries needed they are able to push more oil out onto the global market without sort of breaking any of the rules of the current agreement. lauren: good explanation. thank you very much. >> thanks for having me. cheryl: thank you for watching "fbn:am." lauren: mornings with my starts right now. >> either, ladies. happy thursday. thanks for joining us. i.e. a maria bartiromo. her top stories right now, 6:00 a.m. on the east coast. is it a trend challenging china with its current trade deals with the u.s. the third stop on this tour throughout the region. >> trade between china and the united states has not been over the last many, many years, a very fair one for us. both the united states and china will have a more prosperous future if we can hav a

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