it is trying to stabilize now. remember, china is actively trying to stimulate their economy now. it takes time for that to occur. in a few months it should start to take hold. liz: tom, thank you. it is yet another record day on wall street for the s&p, nasdaq and russell 2000. see you tomorrow. everybody is cheering new records on wall street. stocks climbing on optimism for a trade deal between the united states and canada. the dow ending the day up about 61 points and it's also history for the s&p 500, nasdaq and russell 2000. all are closing at new record highs for the fourth trading day in a row. david: we aren't getting bored of all this winning. i'm david asman. glad you could join us. here's what else we are covering for you. very busy hour. you are looking at live pictures outside the u.s. trade offices where talks with canada are due

to resume within the next hour. both president trump and canadian foreign minister say they are optimistic about the talks. and we will speak with kevin hazett on what a new north america trade deal could mean for our economy on a day when we are seeing multiple signs that that economy is in the midst of a significant growth spurt. meanwhile, the president doubling down on his warning to tech giants over political bias this afternoon. this as we are learning more about the conditions inside facebook, where some employees are speaking out against what they say is an intolerant liberal culture. disturbing new reports alleging china is withholding samples of a deadly flu virus that could result in thousands of deaths. fox news medical correspondent dr. mark siegel on this bold move by the chinese. what the trade spat between china and the u.s. may have to do with it all.

kristina: let's head back to the markets. we were celebrating the dow rising closer to record territory, ending in the green for the fourth day in a row, boosted by shares of apple, visa and microsoft. phil flynn is watching from the cme and susan li is on the floor of the new york stock exchange right now. let's talk about some of the highs. reporter: let's talk about four days in a row record highs for the s&p, russell and nasdaq. yes, technology continues to power the shares even though we are in thin volume days. we are heading into the labor day weekend so we are 20% down when it comes to trade and shares changing hands here. with the s&p, also as you see the dow and the nasdaq being powered by technology names. let's start with amazon and apple. i love talking about these names. apple seeing its best month since 2012. amazon continues to power higher and this is on the back of a very bullish price target

increase by morgan stanley. they have just gone bullish, probably the most bullish on wall street, $2500 is the price target they have slapped on amazon. amazon today with pretty positive news, the information reported they are developing a television service they are currently in negotiations for older television shows and movies to provide content and that's boosting amazon shares but hurting roku stock as well. i love talking about retailers because we have the dick's sporting goods reporting results today. dick's sporting goods is being hurt in the quarter, reporting lower than expected same store sales because of tighter gun controls. dick's was one of the first retailers to stop selling assault rifles, high capacity magazines as well as selling guns to people under the age of 21 after that tragic shooting in florida in february. that's dragging down the rest of the retailers today. macy's, kohl's and american

eagle reporting results. guidance soft for the rest of the year. back to you. david: just extraordinary. thank you very much. oil surging today. near a three-week high. also we are hearing about gas prices that are on the way down, just as we are finishing up our summer driving season. i wonder, phil -- reporter: i wonder myself. usually when we talk about oil prices on the move to the upside, we are usually talking about gasoline prices coming back down. but according to aaa, that's exactly what's going to happen. the summer driving season is coming to an end. i know a lot of people don't want to see summer end but we will be flipping to those winter blends of gasoline, which are a lot cheaper. aaa says the gasoline prices after summer's over is going to come down to about $2.70 a gallon. that's a big drop in prices. i do want to caution people that doesn't mean the price of oil is starting to come down. we saw very bullish report from

the department of energy and it actually shows gasoline demand has been very strong. people are trying to get that last blast of summer. david: thank you very much. kristina: optimism on trade. we have the president saying the united states and canada are on the right track to securing a deal as trade officials are set to resume talks in less than an hour. can they actually work out this deal before the friday deadline? we have fox business's edward martin live outside the u.s. trade representative's office. i feel like optimism is the word of the week here. reporter: it seems to be. the canadians are moving our markets today. the big headline, there is that optimism, that hope that we can have a trilateral agreement by the end of the week here. there is an optimistic president donald trump earlier today. listen. >> canada very much wants to make the deal and i think it's going to be obviously very good for canada if they do and i think it's probably not going to be good at all if they don't. we have a very good

relationship. they came yesterday to the white house and we negotiated late in the evening. they're in the white house right now. we're negotiating with them right now. they want to be part of the deal. and we gave til friday and i think we are probably on track. reporter: the canadian minister of foreign affairs also optimistic. listen. >> mexico has made significant concessions which will be really good for canadian workers. on that basis, we are optimistic about having very good productive conversations this week. reporter: canadian prime minister justin trudeau echoed those comments today, saying they could possibly get there by friday. but adding they would only sign a deal that is good for canada. minister freeland will be back in about an hour for another meeting. she said earlier she is happy with the concessions mexico made.

>> our workers have been concerned for a long time, it was one of our election issues about the ways in which trade agreements could harm blue collar workers in high wage countries. there are some important things that we believe we have accomplished together with the united states and thanks to some significant compromises mexico was prepared to make to support canadian workers. reporter: again, those talks will start in about an hour right here. back to you. kristina: thank you very much, edward. david: fascinating process. here is the white house council of economic advisers chairman. kevin, great to see you. congratulations on everything that's been popping. >> been a great week. david: the market is expecting a deal. are they right? >> well, i think that we are very, very hopeful. the clock is ticking. we need a deal by friday, but everything i'm hearing is that

the talks are going very well and you guys covered that well in the intro. one of the things to appreciate is there was a heck of a lot of negotiation going on over nafta with canada and mexico in the beginning of the year, so ambassador lighthizer and the team, the president, they all kind of knew as did the mexicans what the canadians want. i think they had an eye on that as they were crafting the deal. they thought that in the end when we had an agreement with mexico, they could take it to the canadians and the canadians could say we factored in our preferences, that's a good deal, we will sign up. i think part of the strategy all along was to present them with something they thought they could sign on to. i think that from what i'm hearing, i have no one say yes, there's a deal or not, but as you cover, things are going well. david: this is a fascinating process you just described. let me put it in a nutshell. correct me if i'm wrong, but what you're saying is that the mexicans and the u.s. negotiating teams really ironed out a lot of details that not even the canadians thought they would be able to so quickly and

presented the package to canada as kind of a fait accompli, is that right? reporter: the point is they were negotiating a deal that was great for america's workers which was president trump's number one priority, but they understood what the canadians care about, too, as they were doing that. i think that they were ever mindful throughout the process that in the end they would want the canadians to sign up. therefore, having the canadians come through by friday, it's much less of a heavy lift. if they had never been in the process and all of a sudden we present them with a deal at the last minute, it's not that at all. david: fascinating. what do you think, if we're successful at getting both countries to sign on by the end of the week, you still have to worry about congress, but what could that mean for the u.s. economy? reporter: the president promised on the campaign trail that he would renegotiate nafta and it was a big applause line. the reason is because america's workers feel like the previous deal didn't really serve them well. if you look at the details -- david: let me start you there. i think it might have in the

beginning, in the first half of nafta, maybe the first ten years, but frankly, it got old and it didn't keep up with technology. we didn't have the technology we now have. it also didn't keep up with changes, some tweaks that disadvantaged the united states against mexico and canada. reporter: right. well, as the president said from the beginning, he wants a 21st century trade deal that serves america. but there really were legitimate points like in mexico, they didn't have worker protections we have in the u.s. there was a concern that a workplace that really focused on safety, that might have to shut down and move the job to mexico where they didn't necessarily have to focus so much on safety. we harmonized those worker protections and environmental protections and made it really so that the concerns that i think made nafta unpopular have been addressed. this is a very historic reform already with mexico. if canada signs up, too, it will really be one of the great negotiation accomplishments in the history of american -- david: they will be writing about it, less than two years of this presidency. the timing is extraordinary.

on to the economy. even without these trade deals we have a roaring economy but the revision of the second quarter gdp up to 4.2%, consumer confidence through the roof. we haven't had these numbers in over a decade. it's across the board. what i love is that there was a new harris poll out showing 85% of blue collar workers feel very positive about their economic future. so it's not just benefiting wall street. this is benefiting the giant middle class in the u.s. reporter: right. and you know, the best part about it, i'm a geek, you know that, you had me back so i must not be that bad, but the 4.2, the thing that was really awesome about the upward revision is capital spending in the first half of this year was up 10%. can you imagine? when is the last time you heard of anything being up 10%? the reason why that is so amazing, what that means is factories are expanding their capacity, they are building new buildings, putting in new machines, and in the second half of the year, all that stuff is going to start producing output.

so it's not a sugar high. it's a boom that can continue. david: i agree with you but i do have a bone to pick. that's the trade deficit. the trade deficit expanded in the month of july. i believe this is the second month in a row that that's happened. leads me to think back to 1984 when we had this huge trade deficit, at the time a historic trade deficit, same year that we grew at 7.3%. will i get you finally to admit, you and kudlow and the rest of your buddies there, that in fact, the trade deficit is not necessarily a drag on the economy? reporter: well, you know, you're right that if we grow faster than our trading partners, the trade deficit might go up. but you skipped the headline which is in the second quarter, we added 1% to gdp growth because of the reduction in the trade deficit. so in the third quarter, we are bouncing back a little from that but exports are surging in the u.s. that's something larry and i have been talking about forever. we need to make the u.s. a place

wi where we produce stuff, then export it to the rest of the world. david: there's nothing wrong with buying stuff even if it's made overseas, as long as we grow internally at the same time. that's my point. reporter: yes. but the trade deficit was a big positive in the news today. it went down a lot. it was $58 billion, adjusted. that's really good news, right? david: as we said, it was said early on in this administration, growth solves practically all the economic problems and we are in the midst of that experience right now. great to see you. please come back again. >> of course. bye-bye. kristina: we have got experts to react right now. jonathan honig of capitalist pig hedge fund and fox news contributor, and todd horowitz also on fox quite a bit from the bubba trading show. i want to start first, let's talk about nafta, actually. start with you, todd. the fact mr. hassett brought up the canadian and mexican

delegate were negotiating a deal they knew would be in the best interests and they knew what canada wanted. we saw that sunset clause disappear or possibly be extended to 16 years but what about all the dairy tariffs that are in supply management that the president has heavily emphasized that he's against? >> i think that that's what's holding this deal up is the dairy products and what's going on. i think that because canada is 7 75%, we are 75% of canada's business, i think they will come to the table and we will work out something. i think this whole plan was almost a back door tpp. we get mexico, canada, then china. i think that's how it's all going to work out. kristina: why not just have the tpp? if it's back door tpp, you have china in the equation. >> because if we had a regular tpp, trump wouldn't have got what he wanted. he wouldn't be running the country like a business which i think is the correct way to run this country. then we wouldn't have that.

we would be too dependent on others. this is the best way to work it out. he's getting the deal with everyone the way he wants. >> if he stuck with tpp, the president would have been able to claim victory for pulling out of tpp. actually, a lot of the provisions now put into this quote, new trade deal, were part of the tpp. in fact, this is really a rejiggering of nafta. we changed certain amounts of wage costs, where certain products can be sourced, but i think part of what you are seeing in terms of the market is some fear being alleviated over further tariffs. lot of people have been sitting on their hands, unsure of what further tariffs. if this deal can solve the president's trigger finger when it comes to tariffs, the market will like that. kristina: i want to talk about the economy really quickly. we did bring up the fact gdp climbed to 4.2%, the value of all goods and services in the united states, than was reflecting an increase in business investment. a lot of viewers that are watching and take to twitter to talk about this, they are not seeing any benefit. they are just seeing the

businesses buy back shares. where is the money, where is the wage growth? jonathan, weigh in. >> well, where's the money, it's amazing, everyone complains about they don't see the economy growing until they log on and are able to order all these amazing things from amazon or use the technology. the economy is growing. this has been a nine-year cycle. what worries me ironically is the fact that so many of these indicators are now so optimistic. as an investor, i think you oftentimes have to be a contrarian. i'm not a hater but the fact so many people are bullish, so many consumers are confident, to me is a worrisome sign moving forward. kristina: todd? >> last time we had this high was 2000. that's the last time consumer confidence was this high. what happened to the markets then? >> they crashed. >> we are getting too confident and i think there's going to be some pull-back. there's too much debt and we are creating more debt without

servicing it. kristina: we agree on that. i will leave it there. thank you both. great discussion as always. david: can't get too cocky or optimistic. big tech companies aren't searching e-mails to sell information to advertisers but one is. yahoo!. why it's reportedly bucking the trend. kristina: president trump continuing to rail against the silencing of conservative views on social media, this as facebook employees are speaking out against what they say is an intolerant liberal culture at the company. dan gainer of the media research center sounds off. david: showdown in the sunshine state. can trump-backed ron desantis beat a bernie sanders-backed progressive in november? our panel weighing in. >> we've got to get out there and bring all of it to our side. >> he's way, way too liberal and radical for florida. i cannot imagine why a state that's doing as well as we would, would ever want to go in this left wing direction.

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this is staying connected with xfinity to make moving... simple. easy. awesome. stay connected while you move with the best wifi experience and two-hour appointment windows. click, call or visit a store today. kristina: big primary battle last night that could have big implications for the midterms. in florida, congressman ron desantis pulling ahead to win the state's governor's gop nomination. he will challenge democratic winner andrew gillum in the november primary. in the state senate race, republican governor rick scott easily won the gop nomination. he will face off against sitting democratic senator bill nelson in hopes of flipping the seat red in november. david: the results in florida could reverberate throughout the rest of the country in the midterms with a trump-backed candidate facing off against one backed by socialist bernie sanders. here now to discuss is brad blakeman, former bush 43 senior staffer and robin burrow.

gentlemen, great to see you both. robin, we just had kevin hassett on. these new economic stats are pretty impressive. gdp that's growing over 4%. it's a broad-based economic growth that's happening in the country. is this really the right time to come out with a socialist message? >> this is not how we anticipated this going, but we've got it now, whether or not we like it. i was not a supporter of bernie sanders. i kind of was happy a couple weeks ago when six out of seven of bernie's selected candidates lost, and now we've got to kind of face the music because it's basically bernie's pretty much invisibly on the ticket now, if you look at this race. so no, it's not really the best timing for us, especially, i'm glad the economy is doing well, but we are going to have a tough road ahead, especially because we are being outspent so much.

david: it's true. spending is one issue. but brad, the reason why we are growing so much, a lot of people would argue, including myself, i have been pushing for tax cuts for awhile, is because we have tax cuts, whereas gillum has -- gillum is the guy in florida who is running against desantis who is backed by bernie sanders. he's coming out with this major spending plan and he was on fox news earlier. we asked him how he was going to pay for it all. here's what he answered. >> what we proposed is an increase in the corporate tax rate which in the state of florida is lower than our neighboring states of alabama and georgia. right now, we are at 5.25% and we have suggested going up to just over 7% which puts us in line with many other states and part of what -- it creates a billion dollars in funding for our public education system. david: so brad, the reason we have an economic boom is because we cut taxes, or at least one of the big reasons. he wants to raise taxes which arguably would set us on the opposite course. >> there is no doubt.

i'm down here in florida, and when i ask people hey, you have no income tax, want an income tax, want your sales tax to go up, want your corporate tax to go up, they go hell, no. florida is booming. why would you turn that clock back with a socialist democrat like gillum? by the way, he won by dividing and conquering on a crowded field. he only got 34% of the vote. desantis in a two-man race got 56% of the vote. this guy doesn't have the popularity. he doesn't have the issues. and running in florida, raising taxes, is not the prescription for victory. florida is doing well. david: he thinks he has one issue on immigration. he thinks his calls for the end of i.c.e. will get support from a lot of immigrants but the immigrants in florida, a lot of those that i know from cuba, from nicaragua, from venezuela, these are people who escaped socialism. they don't want to see -- >> they are pretty conservative. >> and law-abiding.

david: that's for robin. go ahead, robin. >> this is a no-go. nancy pelosi, we just had the summer meeting, the dnc did, and they basically said stay away from immigration. here he is, going right into the mucky waters here and it's really not a good situation for us. the abolish i.c.e. thing is just terrible optics for us, especially when they fail to talk about that the real cause is to replace it with something better and more efficient. that's all you ever hear is abolish i.c.e. david: i wonder if you get nervous, robin is a centrist democrat who makes a lot more sense than some of his colleagues, but when you hear somebody speaking negatively about the race in florida from his side, does that make you a little nervous? >> no, because he's speaking the truth. david: what i'm wondering is maybe a lot of republicans will say okay, he's a shoe-in, desantis, we won't go out and vote. >> no, absolutely not. we have to run like we are 20 points behind. by the way, not only are your

taxes going to go up but he wants to pay for health care that's free for everybody. how the heck is he going to do that? there isn't enough money in florida to pay for the kind of health care that he's promising people. bernie's not going to be invisible here in florida. he is going to be pegged as the new bernie sanders of florida. david: brad and robin, i said it before. if you were running in florida, you might win. i don't know about this other guy. >> we would be scared of him. david: good to see you both. kristina: a push to increase competition. the fda approving prescription drugs at a record pace as the trump administration works to lower prices. but could this mean a lack of adequate vetting? dr. mark siegel joins us coming up. plus, remembering an american hero. the flag-draped coffin of senator john mccain arriving at the capitol in arizona, as the state he represented in congress pays tribute to his life and legacy. surance that won't replace

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kristina: late senator john mccain lying in state right now in the arizona state capitol. the flag-draped casket will remain on display for mourners to pay their respects throughout the evening. hillary vaughn is live in phoenix right now with the latest details on plans to honor america's maverick. hillary? reporter: i will show you something incredibly remarkable right now. this is the line of people waiting in 102 degree heat to pay their respects to a man that they call a patriot, a hero, and someone that this community has grown to love and cherish. this line of people, we sent our multi media reporter, he ran all the way down the street, around the block. the line wraps around the perimeter of the state capitol of people waiting in triple digits just for a chance to say thank you and good-bye to senator john mccain.

a private ceremony wrapped up earlier today, where mccain was sent to the rotunda, surrounded by family and friends. arizona's governor doug ducey saying when he traveled around the country and the world, people knew two things about arizona. they knew about the grand canyon and they knew john mccain. >> we were the ones who were privileged. privileged to have john mccain fighting for us. privileged to learn from him. privileged that when he was back home to run into him at the movies or in a ball game or starbucks. just like he was any one of us, privileged to proudly call him a fellow arizonan. reporter: former arizona senator jon kyl saying mccain was a shining example of what it meant to be an american not just in this country but also around the world. >> some have disagreed with some of senator mccain's votes on

policy positions but that should not diminish our gratitude for his service. reporter: this line will continue down the block and this capitol will stay open as long as there's a line of people waiting to pay respects to senator mccain. kristina: so nice to see such support in 102 degree weather. thank you so much, hillary. david: we have breaking news. a live look at the u.s. trade office, if we can put that up. officials from the u.s. and canada are set to resume talks within the next 30 minutes. fox business will continue to bring you any developments and updates from the scene. plus, new concerns about conservative bias in facebook. dozens of employees are now sounding the alarm about the tech giant's quote, intolerant liberal culture. >> google and facebook and twitter, i think they treat conservatives and republicans very unfairly. from the market when it might be time to buy or sell?

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with respect to gooingle an facebook and twitter, there is a big difference. in fact, i hear that they're holding hearings in congress over the next couple of weeks, and i think it's a very serious problem, because they really try to silence a very large part of this country, and those people don't want to be silenced. it's not right, it's not fair. it may not be legal. but we'll see. we just want fairness. reporter: you want to regulate

them more? >> we're just going to see. we're just going to see. you know what we want? not regulation. we want fairness. kristina: there you have it. the president of the united states this afternoon warning there may be consequences if bias is found against conservatives at tech companies like google, twitter and facebook. we have ashley webster, who has been on this story throughout the day. ashley, break it down for us. reporter: the president may have a point. we know jack dorsey at twitter admitted his company has a liberal bias. now we have this from facebook. the "new york times" doing a story today on a very interesting development whereby a facebook engineer by the name of brian amridge posted a memo to the company's internal message board last week titled "we have a problem with political diversity." he basically describes a very aggressive left-leaning culture within facebook saying we are a political monoculture that's intolerant of different views. how intolerant? according to this engineer it depends on your political point

of view, adding that look, we claim to welcome all perspectives, but are quick to attack, often in mobs, anyone who presents a view that appears to be in opposition to left-leaning ideology. this memo goes on to claim that look, any physical posters on the wall welcoming trump supporters are torn down. it claims facebook has made all lives matter a fireable offense if you talk about it. he says diversity of opinion doesn't include topics such as social justice, immigration or equality. he goes on to say we are entrusted by a great part of the world to be impartial and transparent and caring of people's stories and commentary. congress doesn't think we can do this. the president doesn't think we can do this. like them or not, we deserve that criticism. so he has created a group of about 100 employees, according to the "times" report. that's a tiny fraction of the 25,000 or so facebook employee

group. however, maybe it's more out there who are too afraid to come forward, to this person's point of view. it also comes, we should point out, just before sheryl sandberg, the c.o.o. of facebook, is due to testify next week at a senate hearing about social media manipulation in elections. what has facebook said about this? not a whole lot. it was reported in this "times" account that people within facebook complained about this political diversity idea to h.r. and were told sorry, but it doesn't break facebook rules or regulations so you know, you're just going to have to live with it. i think it does point to the atmosphere, at least according to this engineer, that exists in these social media companies and that's going to be a big question in congress next week when sandberg and others in the social media world have to face those politicians. kristina: very much so. especially the fact you did bring up that it's a small portion, 100 out of thousands and thousands of employees. but timing is everything, right?

all of this is coming out a week before all of the hearings and testimony next week. thank you very much, ashley. >> my pleasure. david: here to react, media research center vice president dan gainer. great to see you. we will talk about the facebook thing coming up but i want to ask you about what the president said just about an hour ago, when he suggested that what google is doing and facebook and twitter, may be illegal. in what way would anything that they do be illegal? >> i think some of the concerns that have come up for conservatives involve politics. if you start to limit people's access to campaign information, that gets into territory of the federal election commission. i'm not an expert, won't pretend to be one on that, but that's certainly been one of the criticisms that's been brought up by the right. david: it leads to the next thing the president said which is we don't want regulation, we want fairness. but do you worry about trying to regulate speech on the internet?

>> well, we have already got speech being regulated on the internet. the only question is who's doing it. david: well, you are talking, let me just be specific. what you are talking about is the bias at these organizations is leading to censorship but to have the government come in and do it, that is of great concern, i think even to the president, when he said we don't want to regulate. >> well, of course. the idea of government coming around and coming up with its own hate speech policy as far as these tech companies is even worse than what we've got now. but to give you an idea where things stand in the conservative movement, we just came out with poll results that showed that two-thirds of self-identified conservatives think social media companies are censoring conservatives and 32% say it has either left the platform, facebook, or are considering doing so. that's pretty astonishing that

this is a major snowball rolling downhill, and it's picking up momentum every day. david: it's picking up some momentum in some of the companies themselves. we mentioned the facebook memo by a senior engineer. you think that will get anywhere? >> i certainly hope it does. i think the first -- i think the first step of any problem is identifying that you have a problem. these companies are starting to admit that. they are working with the conservative movement. we have got a coalition of 40 conservative groups trying to stop online censorship and the idea that they are working with us is a good step but it's only one step. what we are looking for ultimately is what the president said. we want fairness. we don't want better treatment. but we don't want worse. we don't want conservative outlets censored. david: i just hope it doesn't turn into regulation or some kind of censor board that regulates speech on the internet. again, there is competition. the best way to deal with this i think is competition.

from your organization, i think bing is a terrific competitor to google. you look at some of the search sites that are brought up with bing instead of google, i think you see a little less bias there. there are competitors to google. dan, got to leave it at that. please come back. this story isn't going away. >> you can count on it. david: appreciate it. kristina: your data, their profit. why the information inside your yahoo! account isn't as safe as you think.

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david: you're not the only one reading your e-mails. yahoo! is reportedly scanning users' e-mails for data even if their rivals don't. we have the details. this is kind of scary stuff. reporter: it's very scary. so much for worries about privacy, right? yahoo! is scanning more than 200 million aol and yahoo! in-boxes for data that can be sold to

advertisers. yahoo! does exclude sensitive content such as health and medical information but it's unclear if the company includes or excludes other kinds of sensitive data such as bank transfers and stock receipts. it's pretty gutsy especially if you remember that in 2013, yahoo! had two infamous data breaches which exposed more than three billion users' data. also, that breach at aol in 2014. both of these companies, as we know, part of a company of which verizon is the parent. competitors of yahoo! such as microsoft said never have used e-mail content for targeting advertisement in any way, nor has ever scanned in-boxes but its privacy policies says it can access your data for law enforcement purposes or issues of public importance. google taking criticism for years for scanning g-mail content finally under pressure

last year ending ad targeted e-ma e-mail scanning. we want to be fair, in yahoo!'s defense, the company says the practice of reading e-mails only applies to commercial e-mail from retailers mass mailing. if you receive targeted e-mail messages, they are saying it's less annoying than random ones but one example would be yahoo!'s system labeling people, for example, if you get trade confirmation from an online brokerage you get put in this investor bucket and then get finance related ads. they are saying they aren't going through line by line and reading your e-mail, they are looking at the places where you do business. bottom line, never assume your in-box is private. david: right. they want you to trust them. frankly, i don't know if they deserve that trust. very interesting stuff. thank you very much. appreciate it. kristina: i feel like my privacy is out the window at this point. david: anything you put down in this box will be looked at by somebody. guaranteed. kristina: your own bosses.

approving new drugs at record paces. the trump administration looking to lower prices but there are concerns about lack of vetting. plus the dangerous implications of the chinese government withholding samples of a flu virus from the united states. dr. mark siegel responds, next.

kristina: cutting the red tape on regulations. the fda is approving brand name and generic drugs at a record-setting pace, part of the president's plan to slash drug prices. but the question is, i know a lot of people at home want to know this, what does it mean for you? do you have to keep spending hundreds and thousands of dollars per year on medical devices and drugs? we have an expert, dr. marc siegel here, fox news medical correspondent, who will explain it to me. we know that within just 2018

right now, there's been 33 new fda drug approvals. that's quite high, that number. but does that actually translate into lower prices for consumers? >> those are the new drugs that are not generic. that's doubling approvals from 2016. so they are approving a lot more new drugs and that doesn't include, by the way, genetic therapies, cell therapies, all of that stuff you have been hearing about to fight cancer. that's in addition. but the number i'm most interested in is that the fda has approved over 1,000 generic drugs over -- kristina: more important number, because that would lower competition and make it cheaper, right? >> exactly. kristina: that's the one we should focus on. >> 126 in july alone. you know why they are able to approve so much more? they are deregulating the approval process. before, the drug companies would game it and even after they lost their patent they would have regulations that wouldn't allow biosimilars, other drugs that were a little different, to be approved. fda has stamped down on that so now more and more generics are

being approved. 90% of the drugs prescribed in this country are generic. you know the famous epipen story. guess what? the price was jacked up. now teva has a new one coming out in october, just a month from now, which is going to again, as you said, introduce competition, bring the prices down. kristina: which is what we want to see, especially when it comes to medicine and drug prices. let's switch to china and the fact that china, there's a report coming out that china is actually withholding samples of a very serious flu virus over there. there's been over 600 cases of people with this flu virus in china and they don't want to send the samples to the united states, so the united states can work on finding vaccines for it. why? why is this happening? i would assume this is very dangerous. >> well, the chinese have a history of this. they did this back with saars and bird flu. under the rules of the world health organization, there is

supposed to be international cooperation when it comes to emerging infectious diseases. this particular flu virus you are talking about, the h799 kills 40% of the humans it infects. it's rampant in the poultry population in china. if it ever gets out and spreads human to human which is not likely because it would require some major mutations, we would be in big trouble. it's very worrisome that china is choosing now not to give the world scientists the information they need to create a vaccine. kristina: you said this has been happening in the past. we have been waiting for a year for these samples. there's a report i think in the "new york times" that says if anything, u.s. officials have given up even asking for it because they don't expect it. so why isn't this part of the trade discussion and should trade actually make this situation a lot worse? >> you just explained that exactly right. they have a history of this and it got a lot worse now with the trade problems. this isn't aluminum, soybeans or steel we are talking about. we are part of the global community on health, public

health. it's a disgrace this would be happening. i do think it's part of the trade wars that are going on. we need to shine a spotlight on it and overcome it. chinese scientists, you are part of the world community of science. we need to know. because you know what? these viruses emerge in china first. they emerge in asia first. then we get them. we need to know what's going on over there so we can create the right vaccines here. kristina: as you saw right there, dr. siegel speaking directly to chinese scientists. david: a challenge to the chinese. thank you. put down the cell phone or get kicked out. could this ultimatum backfire on restaurants? see that's funny, i thought you traded options. i'm not really a wall street guy. what's the hesitation? eh, it just feels too complicated, you know? well sure, at first, but jj can help you with that. jj, will you break it down for this gentleman? hey, ian. you know, at td ameritrade, we can walk you through your options trades step by step until you're comfortable. i could be up for that. that's taking options trading from wall st. to main st.

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at dinner, but could this backfire? if someone wants to use a phone wouldn't they go somewhere else in at least it is voluntary. you love your cell phone. time to get rid of it. "the evening edit" starts right now. >> friday deadline is a real thing because we have to send the mexico deal up to congress and so on. we hope canada will be part of that. we're hearing that there is a lot of progress being made, that it is possible we'll be able to see something sometime soon. >> we are working extremely hard, extremely intensely, and we continue to be optimistic about the progress that we can make this week. >> we're extremely hopeful that canada will join. it's a great deal. it is really a historic deal the president designed with mexico and so they should. liz: the economy continuing to rocket. markets, canada, stepping up after trump's take it or leave it offer