tv FBN AM FOX Business December 27, 2017 5:00am-6:00am EST
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they are voting against infrastructure and repairing obamacare. gregg: that's it for tonight. nicole: >> breaking news. big business for next year and setting the stage for a bipartisan 2018. statement the president may be in sunny florida, but is not taking a vacation from north korea. nothing new sanctions on the rogue regime in vladimir putin wants play peacemaker. >> there could be some buying on wall street. stock market futures lower by 10. s&p futures higher fractionally. >> oil prices hit a 2.5 you're higher $60 higher. we are going to have perhaps a
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slight enough of that. what reported yesterday. >> the ftse in london higher by 12 good cac in paris or fractionally. the dax or fractionally. true three in asia you can see the shanghai composite was down almost 20% of the indicated japan is a fairly good open for business in south korea. the hang seng -- the kospi rather as a type of% of the hang seng in hong kong earlier this morning. trade to do not disturb. the security chain coming to disney resort hotels requiring staff to inspect your room daily. "fbn:am" starts right now. adam: good morning, everybody. one minute after 5:00 a.m. a lot of coffee.
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let's just get going. december 27th amendment should peer win for lauren simonetti. lea: im lea gabrielle and four. transferred only to be helped further by our tax code that will be here for companies and jobs for another year of success. he also appears to be setting the tone to work with democrats leading republicans and democrats will eventually come together to develop a new health care plan. meanwhile, congresswoman, democrats say she will work with the president on issues like infrastructure. >> i've been clear for them to be getting donald trump will work with anyone who helps the working men and women of the district will work with him on infrastructure fuel work with us. transfer the president plans to meet with senate majority leader mitch mcconnell as well as
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house speaker paul ryan on the first weekend in january. to do some homeowners to a tax tax -- that's because the new attempts at $10,000 b- state and local taxes that homeowners can deduct. as his tax bill exceeded that amount could benefit by paying more taxes here when a deduction has no limit. adam: russia is now offering to mediate talks between the u.s. and north korea to help these tension. development come as a turned administration continues to turn up the heat on pyongyang. that part of the story from blake birmingham. speaking of the treasury department stopping brand-new sanctions tuesday against two of north korea's seniormost members who have direct ties to the country's illicit missile program. the treasury secretary saying treasury is targeting peterson
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was great ballistic missiles program is part of our maximum pressure campaign to isolate the dprk and achieve a fully teeny for creating the effect was passed on friday which added additional sanctions against the rogue regime. i was in response to north korea's test fired an intercontinental ballistic missile last month at which it was determined that the misalignment capability to reach anywhere in the u.s. back to you in new york. drinking meanwhile, an escape soldier may indicate north korea's biological warfare. a man who defect did this here had anthrax antibodies in a system that nothing which went specifically. officials say he was exposed to it are vaccinated against it. the report comes amid the latest tests involve mounting the teachers back carrier on the missiles capable of reaching the united states.
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adam: do not disturb him no longer be an option when you visit walt disney world. lea: tracee carrasco joins us more without another headlines. >> good morning guys. disney has updated security policies and summer resorts and will disney world. guessing at the grand floridian, polynesian. they avert experienced tighter security policies, which now include the removal of the do not disturb your sign. the markers have been swapped out for room occupied signs that room occupied sign stubble or neatly room occupied signs that will alert maintenance and staff that guests are currently in their rooms but will not stop disney staff from coming in at the same comes with another new policy that requires disney employees to enter each hotel room at least once a day to ensure safety and security of gas. gas will no longer have the option to keep staff out. it's gas will be given notice prior to entering. disney isn't giving a reason for the change but of course speculation is this comes following that happened in las
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vegas. adam: let's switch to something else not quite disney. harley davidson wants to teach you how to write. >> ascom harley davidson davidson train to attract more customers. placing a renewed emphasis on teaching people how to write. a harley riding academy riding program with 50 locations that now has 245 after years of declining sales engaging consumer customer base. >> good news for the retail sector. tell us about that. >> despite closing for the brick-and-mortar sales people in front of those weird year-end retail sales rose for .9% compared to the same period last year giving retailers their best holiday season since 2011. online shopping site big boost as well at .1% of overall consumer buying set a record for dollars spent.
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the sales report issued by the mastercard spending with the strong u.s. economy was a contributing factor. retailers tried new strategies to get those holiday shoppers in and it looks like it worked. adam: we are all indebted. thank you very much. train to shoppers were out in force this holiday season. mastercard spending for .9% jump in sales for november through christmas eve compared to a year ago. that's the largest year of the gear gain since 2011. managing director of strategic resource group joins us now. nice to see you. who were the big winners in which retailers didn't do as well? >> big winners go from tiffany to tractor supply to t.j. maxx, which also owns marshall's as well as wal-mart. you are heading across all cornerstones of retail chains in
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stores. transit hours which is over key cornerstone areas that we are driving spending from workers. explain that. >> what is good for her of him are precise energy, high paying jobs, payton boswell, energy construction, transportation, agriculture export come everyone across america benefiting and reuse the winnebago index. when oil prices are going up and winnebago sales are going up, a very good leading indicator across all retail for the upcoming year. >> the record numbers of gift cards that were given this season. are we going to see the schemes for retailers extended into the new year? >> as he sat from a record number of gift card commend those people will be spending significant sums in the store and in addition to the gift card
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so be spending 70 to 100% more to the value of the gift card. adam: what about the new tax bill? >> tax bill will be the biggest break through the decades. they digitize the stores. this has done well in south korea across people's republic of china, asia, london and then they'll convert more workers to full-time for busted down to part-time because the affordable care act so workers who work more hours in the stores spend more money for the story work so that tax bill is the best news since president reagan and the late great tip o'neill teamed up on the tax reform bill in the early 80s. >> pings for your insight. great to see you. adam: we are coming up after 10 after 5:00. president trump laid out his agenda for the new year and is ready to work with democrats, but are they ready to work with
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him. the major name in the war on terror. >> we will find you. we will destroy you and we will win. >> i would bomb the out of band. we will -- adam: keeping his campaign promise to destroy isis once and for all. showing how much territory the terror group has lost. you are watching "fbn:am." the another day at the office.
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lea: welcome back. i said to us 90% of the territory it once held. the u.s. military said half of the isis territory has had recaptured the president trump took office. fewer than 1000 fighters that remain in iraq and syria. trump supporter and singer who famously were make america great again dressed to the grammy award is accusing the president's former campaign manager of sexual assault. corey lewandowski snatcher reran twice and the international hotel party that happened last
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month. she says she confronted him and he laughed it off to the metropolitan police department is currently investigating identity. corey lewandowski will be on "varney & company" to respond to the allegations at 10:45 a.m. sheila jackson lee saying she was a quote come easy target. the texas congresswoman alleges racism with the accusations that she refused to show treatment on the flight last week. this comes after passenger claimed the key of the first class seat to the congresswoman. and historic magnolia tree printed by president jackson will be removed because of a safety risk. first lady melania trump made the decision after reviewing reports about the trees conditions. meanwhile, "newsweek" is criticized over misleading treat about the story. it says melania trump ordered the removal of a mere 200-year-old tree from the white
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house and that is what is happening now. train adam: mitch mcconnell forecasting some bipartisanship in 2018. the executive director of the national diversity coalition for president trump. also number the 22 and eight advisory board. thank you for getting a this morning. >> thanks for having me. >> i do recall last week or a few days ago when senator mcconnell did indeed say we are looking for areas of bipartisan agreement because god the way the senate is. he also faces the fact that he is a 51-49 majority of the new legislative session. what are the areas of agreement or bipartisanship going to be? >> hopefully something that the bombing care. with the tax cut which has been so historical in the nation's history since the 80s which
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has benefited me being a small businessman, some of my colleagues are very excited about it. euphoria, via. >> just like assert that there is an agreement. is that one of the first things we'll see when we get off to starting the new year? >> i know one of push this. for example, that is something we have to address and i hope congress does come up with a plan that will be a win-win for all. that is one of many. i know you are there another businesses, the travesty of high premiums took a big: a lot of
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small businesses. >> the very alexander bell or is digested or is that just a baby to stabilize the insurance market because that's bipartisanship and susan collins from the senator from maine got the guarantee for a major mcconnell that they would address that issue. >> i don't think it's such a band-aid. i think it is a reality. at the end of the day, it is something we can bleed anymore and there's more than a band-aid. it's going to have to take some sutures and the low surgery there. i'm very optimistic they all come together and we'll do what's best for the american people. transplant never let many congressmen who didn't like to spend other peoples money. congressman dingell will spend other peoples money pitcher rod run will be grateful for infrastructure dollars at those are democrats. did she think? >> yes, absolutely.
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that's one of my favorites. i used to be chairman here at metropolitan area rapid transit. we saw what happened when their bridge collapse. it literally crept crippled us. 30, 40 years behind the many other cities and aging bridges and infrastructures. instead of building infrastructures overseas, i'm hopeful we will both of infrastructure here. another shot of adrenaline and the arm for the american people in terms of mobility and economic development. adam: those of us who live in the northeast, every time i hit a pothole. since atlantic, one of those turbine things we need drive on the georgia 400 good it's like a wind tunnel. for those of you who live in tragedy and, what are those things? >> those are to get exhaust out. on the carbon monoxide that
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rises to the trap of the bridges, we lost that out there. we don't want our motorists falling asleep from carbon monoxide. >> my brother and his wife living done was have said the traffic i'm glad to finally have the answer. you probably enhance some of the carbon monoxide which would explain the current state. it's been a pleasure. having happy and healthy new year. >> youngster having me. happy new year. train to planes forced to turn around to its trip to tokyo because a passenger got on the wrong plane. we'll have the details. a bitter art that blast is gripping the country and looks like it's going to stick for a brutally cold situation. adam klotz will have your wednesday forecasts. a look at u.s. stock market futures higher by four. s&p higher fractionally.
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adam: new overnight by playing forced to turn around because a passenger got on the wrong place at the flights took off from lax landing eight hours later in the same place after pulling a u-turn over the pacific. model christy teagan and john legend were on board that flight. she wrote the news on twitter. four hours into an 11 hour
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flight and we are turning because a passenger isn't supposed to be on the plane. why do we all have to go back? i do not know. the airwaves currently investigating what went wrong there. >> they were in first class. eight hours and you come back to the same place he started from. adam: extra caviar. adam: the extra snowfall. pennsylvania got four feet of snow. that is the most part of the state has seen since 1956. lea: building snowmen. as more winter weather on the way? fox meteorologist adam klotz. >> about snow not going to melt anytime soon. settling in across the country. this is also going in through
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canada. these are all negative numbers. we are seeing feels like temperatures. across the country named even 19 degrees in cleveland, 15 degrees in kansas city. further south usually fairly mild. 27 degrees is the feels like a dallas this morning. this is finally dead, lingering with us for a little while. take it into the coldest spots inactual air temperature 15 degrees below come is 16 below, sunspot in the 1920s, negative 33 degrees. you add in the again which i will do now is that the numbers fall even further sitting in the negatives. the wind is an event not bad, but it still feels colder everywhere feeling you're in the negative 20s to 30s purifies
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across the country for today doesn't warm up a lot. still sit behind into the single digits into the teens. unfortunately staying like this as we head towards the new year. [inaudible conversations] i don't know how you stay warm when and if that called. adam: coming outcome is the crept occurring to roller coaster ride over for now? also, bitcoin may be all the rage right now, but condi a west vostok. as he surprised kimble over the weekend. -- kim over the weekend. the insurance product but i was like well i've had usaa for a while,
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28 being. trained to president trump in florida that is not taking vacations or north korea. the treasury department that the new sanctions on the regime and president vladimir putin says he wants to play peacemaker. adam: there could be some buying today. u.s. stock market futures because the dow, s&p and not back all looking up it will trading for another four hours pivotal to go the trading day. true to oil prices hit a oil prices hit a 2.5 year high at $60 a barrel. down $43.6942 a barrel. adam: you can see the ftse in london is a. cac in paris. i does peak periods. dax in germany. lea: taking a look at stocks in asia appeared higher by a
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percentage point in the nikkei in japan from the hang seng hong kong higher fractionally. adam: what do you good for the person who has just about everything? how about more money. the huge stockings suffer kanye west got his wife, kim. "fbn:am" continues right now. lea: 5:31 a.m. i am lea gabrielle in for cheryl casone. adam: i am adam shapiro in furtherance of the navy. the tribe administration continues to turn up the heat on pyongyang. lea: griff jenkins in with the details. sorry about that. reporter: he may be in sunny florida but they are taking no background or north korea. to sanctions described as key
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leaders of the nuclear weapons program. steve mnuchin saying saint treasury is targeting theaters of north korea's ballistic missile programs as part of our maximum pressure campaign to isolate the dpr can achieve a fully denuclearize korean peninsula. the move follows a u.n. security council resolution imposing sanctions on money flow in the president comments before departing for mar-a-lago. >> there is much more work to do. america and its allies will take all necessary steps to achieve a denuclearization and ensure that this regime can not threaten the world. >> or even reports that vladimir putin is trying to play peacemaker and mediate between the u.s. and north korea. that is not of the president is working on behind the closed doors. business looking really good for next year. will be a great year for companies and jobs. stock market poised for nuttier
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success of nuttier success is the president wants to tackle infrastructure of next year. something he believes he can finally get bipartisan support for at least one democrat, debbie dingell of michigan is open to it. >> waveguide nietzsche infrastructure with potholes and bridges that are in trouble. we need to do something together to fix our infrastructure if we are going to stay competitive as the nation. reporter: we'll have to see what this paper aims than perhaps the president will let us know through his preferred means of communications, twitter. add-on and leah. adam: somehow when researching the pre-pay their property taxes before the new tax law kicks in january 1st because the new law will cap a $10,000 the state and local taxes that a homeowner that itemizes can deduct. then they can pay more tax this year when the deduction has no
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limit. lea: let's talk about this. fake news could be a thing of the past. adam: tracee carrasco joins us. good morning to you, tracee. >> college students have found a way to fight fake news from the 36 hour problem-solving competition caught attack upon at yale university. they found a way to create something called a plug-in. a browser extension that alerts users to fake news, tells them if they found an article that may have been shared on social media and direct them to other news articles that give them a different point of view, something a little more balanced. a lot of attention from internet companies and congress as well. >> taken at the insight into the way they think. >> back and work really well if
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it got them up in time for their class. adam: was talk about whole foods, some call it whole paycheck. adam: just in time for new year's eve. december 29 through the 31st giving 20% of their best in class wind -- the champagne. several different ones you can choose from. these are all hand-picked by devin broglie. champagne brut, rosé, several different ones of course. the gazette before they sell out in time for the new year. lea: that is not what kanye west got his wife, kim. >> exactly what she said. when you get someone who has all the money? you could have more money. that is that he got his wife, kim kardashian. he gave her several little kids. one with apple at your phones, a gift card from netflix, amazon,
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adidas socks and a mickey mouse toy. in another box he gave her stocks from all those companies. adidas, amazon, apple, hundreds of thousands of dollars worth of stocks. she shared this on instagram with a banner that says ex-husband miller. one image showed the 920 shares of disney worth an estimated total of $100,000 right now. 995 shares of the divas by $169.40 which brings the total value of almost $170,000. but the gift that keeps on giving. lea: you can put it in a box that doesn't sparkle. >> is it just me or the apple at your bug, they don't say it. never have. lea: i've never been able to use those. they don't fit. adam: mr. cook, 320 million of
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us. can you mix of earbuds that said when you're running. >> that's another story. lea: we certainly will. keep our viewers wondered about that. adam: bitcoin features following a sharp selloff over last week. good morning to you. getting up early to talk about bitcoin. some people call it a bubble. other people call it a bubble. i think it is the pinup pops, and the legacy financial said the bubble. i think this thing has been the money has been printed excessively without any controls and 20 million minutes per been
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mathematically. >> i think we're having to mix minus problem. you can hear me? i will counter u.n. bitcoin and here's why. you said it going to break legacy currencies. the u.s. treasury and the federal reserve have knowing tension by letting this break legacy currencies. the other thing is anybody who would you bitcoin to buy something. the price fluctuation is so great you're either going to overpay drastically for what you're buying or lose perhaps hundreds of dollars as you break your coin into a them pay for something. why would anybody use it as a currency. maybe as a way of to change money. >> using it as a store of value, as a currency. if you wanted to send some money for the other side of the
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planet, we can do it in 10 minutes for a week or so when we declare all these different systems unlike bitcoin it doesn't have to clear iniquities in 10 minutes. if fewer than a country like zimbabwe where you have all this inflationary printing of currency come you would probably want to bitcoin so you don't get paid three times the day to buy bread at the end of the day. >> i appreciate you being here to talk about bitcoin. lea: president trump, in office. how does he stack up against presidents before him. scientific research studies the obama administration now under fire for claims many were done just to fit their political agenda. you are watching "fbn:am."
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incumbent david nguyen secret election could be decided drawing anime from the heart. democrats will split control of the house of delegates 50/50. trent administration upon the air at environmental protections critics have bea or question the science that inspired them in the first place at the epa criticized for failing to answer a subpoena for data from the 290s that supported air quality regulations, crippling the coal industry. scott pruitt, epa administrator by president trump recently reversed the 2015 band on an insecticide for agricultural uses. a new report says the fda process has been dangerously slow as people get sick. the process for 80% of the nation's recall food intake up to 10 months before the food is completely off the store shelf according to a report by the inspector general studying recalls between 2012 and 2015.
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new york, philadelphia and san francisco are suing the pentagon for failing to report criminal convictions of people in the military to the fbi and national gun background check. defoliate knowledge it has failed to comply with the requirement dating back to the 290s. the failure allowed former airman to purchase firearms used to kill 26 people in a texas church back in november despite being covered is in the military domestic violence. that is what is happening right now. lea: president trump has just wrapped up his first year in office. how did he do? presidential historian doug wead. nice to see you. 127 million jobs data. 17 year low. stock market doing really well. president trump doing well in judicial confirmations getting
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those through including neil gorsuch. looks like he's doing really well. what's your assessment? >> even lesser tax reform package since ronald reagan and he did it in one year. took reagan five years. illegal immigration dropped like a rock. seven presidents, leah, publicly declared energy independence was america's most important strategic goal. most of them gave up trying. donald trump is on the verge of actually delivering. the veterans administration, george w. bush wanting to fix it and they couldn't seem to fix it. they have those entrenched career bureaucrat around.
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tranter out better and so i will challenge you. you think president trump has made a huge change and turn around the va this year? >> by opening up the policy to go to their doctor changes are the rules. tranter does arctic air by the way. >> by fire in some of those employees in phoenix. it sent shivers through the bureaucracy and put them on notice this guy will not let up so that solves the problem. there seems to have been response. lea: the losses at work isis off the map. i want to ask you the criticism were going to see. >> while coming of see a lot of criticisms because the media doesn't like him. the colonial days they would lie
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about their opponents. when fdr was empowered fdr was empowered the media was republican. the radio networks plied about fdr attacked fdr. there is not a knew about it. you have that happening right now at the media. 91% according to one harvard study a. lea: before we have to go, it is second from what is going to happen with the popularity in the coming year. >> of the law showdown to 28 team and will the american people believe what they are experiencing or will they believe what they are told. lea: questions for the answer. we'll have to see. adam: coming up as the nba reach an all-time high. the nfl continues to tank. can you say fumble? we'll have the numbers. apologizing to two osco players kicking them off of the flight
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adam: the nfl continues its downward trend on television. another league saw some growth over christmas. espn primetime game between the philadelphia eagles and oakland raiders did not fare as well as other games this year. 9% below the average of the nba saw viewership across the christmas day games despite last year. a rematch from the finals the golden state warriors and the cleveland cavaliers churn overnight rating but the fifth highest ever about early window christmas games.
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>> gives you the one about the two basketball players that got kicked off a flight on christmas eve? jarrod baxter with the stories geared >> american airlines is apologizing. christmas eve marcus tikhon draws on browser played the nba's developmental league, teammates on the memphis vessel boarded a flight back on way from dallas to sioux falls. teague who once played in the nba were each given blanket as gifts from passengers in first class. when they went to find a seat in coach, reports said the flight attendant accused them of stealing the blanket. a major argument followed at the flight attendant said he would not end the men were removed from the flight along with an assistant coach. they took a later flight but they missed 13 holiday dinner. american airlines saying we are sorry. we apologize for what occurred on the flight. with less of our customers down. our team in america along with onboard air is revealing what
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will happen it will reach out to them. did she ever see a walk off our youth. chandler catches an inbound pass. one fail swoop slams the ball right through the hoop. just a fraction of a second left 99-97. former and a defensive champion released by the pittsburgh steelers last week at the 39-year-old veteran signed with the new england patriots the men shared a photo with a guy he is to terrorize as tom brady at instagram. finally teammate older than me. did you hear with the san antonio spurs said yesterday when he was asked about why it's important to donate to charities? because we are rich as and we don't need it off another people need it. you're a donkey. but didn't they donkey.
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the diamondbacks the payoff is. mortgage. silver so the good christmas eve. after they lost again to the panthers they flew back to tampa, what would friends to to applebee's. the bill came to $250 k-kilo to $1000 today. he took the manager you wanted it evenly divided among staff, dishwashers come the server so everyone got called and for $100 a >> there is a guy who gets it. tmc found out about it and they posted it. adam: a great story. rich people don't donate to charities. come on. all americans donate. we are the most giving people. all the numbers give the. lea: i want to bring upon the slight, it is too cold on flights. they need to put snow geese on flights that you can wrap yourself in. lea: they would be filled with cheetahs and your readers.
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lea: that's a good point. >> a new imagine being there someone they'd like it was a racial profiling. the player's african-american well as the flight attendant. lea: not a good situation to be in. you can catch the sports reports 24/7 on xm channel 115. adam: details from "the wall street journal" in monday and coming up on "fbn:am" arrives we like to say. ♪
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adam: oil prices hit their highest level in two and half years sending futures up about $60 a barrel. >> "the wall street journal" joins us right now. >> good morning, riva. >> good morning. attributing this to the second big supply shockwave scene recently following one that we had right here in the u.k. this tech analysts think it will take up to 100,000 barrels a day out of supply. what you see us as the oil market comes closer come in the supply shock having a bigger and
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bigger impact on the price. produce steep move has come and a little bit today but overall a very good month for people with oil. train to the best performing currency and e.g. 10. tell us about that. >> people came into the year with really low expert patience for the euro to the euro zone. people worried they would take over in france and they would be a breakup of the year is that would weigh in on the common currency. after those elections went through kermit the hero in a straight climb upwards, also held by expectations european central bank will be slowly normalizing monetary policy. maybe not raising rates but take his foot off the gas. adam: riva, looks like a sunny day in london. have a good day. lea: thanks for joining us on
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"fbn:am." adam: cheryl casone is ready to light the candle. good morning. train to good morning to both of you. good morning, everybody. i'm cheryl casone come in for maria bartiromo today. wednesday, december 27th. 6:00 a.m. eastern time. that pricing pressure ring in the new year. president trump to kick off 2018 by laying the ground for a major structure overhaul. a goal that both parties can get behind. >> i think it is clear from the beginning that i will work with donald trump on anything for the women and men of may district. train to a look at whether congress will actually decide to work together in 2018. look at the markets. wasn't so bad i lost yesterday and i was higher numbers for you futures. the dow higher by 15, s&p and nasdaq are the free market as
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