tv The Evening Edit FOX Business September 10, 2018 5:00pm-6:01pm EDT
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like serena was getting robbed. one of my son had a radio in his ear, he thought osaka was in the right. david: she was forced to tears because of serena. melissa: sad all the way, there you go, here is the "evening edit." >> hous white house has been in contact with offices and local in georgia, south carolina, north carolina, virginia, west virginia, maryland, delaware, pennsylvania, new jersey, and new york just since saturday morning, lines of communication remain open and federal government stands ready to assist. tropical storms and hurricane are very dangerous, we encourage anyone in past to heed warnings of state and local officials to proceed best on ground information. >> now a million people are being evacuated from the carolinas, white house and east coast brace could for a
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catastrophic category 4 hurricane florence. those 3 states declaring a constituent of emergency. behind florence, now bear could down we're tracking it all. president obama back in the campaign trail, making it personal again over the weekend. again going after trump, again taking credit for the blooming economy. we have more on this debate and the facts. remember how much president obama railed that manufacturing jobs were not coming back to the u.s.? well now blue collar jobs back at highs not seen in years. and even a liberal media now pushing back on obama. >> billie jean king, and andy roddick defendin defending her a williams, but martina 1/
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navratilova. and sportscaster say that serena williams acted badly at the u.s. open. we have both sides of the story, thank you for joining us, thank you for watching, money, politics, debate behind today's headlines, i am eli elizabeth macdonald. the "evening edit" starts right now. >> to your money, dow closed slightly down, s&p and nasdaq snapped a 4 day losing streak, ending day higher, tech shares rebound, more on your money. but barack obama is back. campaigning again this time in california over the weekend. he is heading to ohio this week. former president has been calling out current president, and taking credit for the blooming economy. today's stellar 4% growth are clearly the result of tax cuts
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and deregulations that is what the economists and republicans say. with je generational lows for unemployment. whose record is that? here is president obama. >> for those folks to lost their job right now because a plant went to mexico, some of those jobs of the past are not coming back. he is going to bring all these jobs back. jobs? how are you going to do that? what are you going to do? i am going to negotiate a better deal. how are you going to negotiate that? what magic wand do you have? liz: that is barack obama in 2017. i guess i have a magic wand 4.2%, we have just begun, by the way president obama was talking about jobs, not the gdp number, joining me now american conservative chair, matt schlapp, your take on this obama
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versus trump brewing battle. >> it is just nauseating. socialism does not work, during allite years of obama -- 8 years of obama we know our economy was held back because of the, regulations, from obamacare to energy and financial transactions, edge everything that you did. i love obama trying to take credit for the economy. when everyone i know even democrats who voted for him, know that the trump economy is raging mostly because trump stopped all of the pain. liz: you know, matt, here how obama is being criticized of being misleading, recovery started in 2009, but conceivably u.s. should have had 4% growth.
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federal reserve pumps in 20 trillion worth of help, but growth never hit 3%. something we have not seen and heard since hoo hoover. >> you are right, we have great downturn deep recession a depression like hoover phase, you usually when you get out of it have a huge upswing. you saw with obama, we never got there i believe that it was because of the oppressive regulatory state. business people just did not know which way to turn, they left trillions of dollars on sideline, because of government interact and trying to deal with the government, unlike with trump, it the opposite. he pulled back everyone of these too large regulations he could. and he still working on others,
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that causes a huge influx into the market, even without question of what federal reserve is doing. americans are making decisions, they are voting with their feet to get back in the economy. liz: not just the banking sector that was reregulated under obama, people would argue that was necessary. to your point, internet, energy and healthcare system got more of a flood of federal rules, you know president obama said he had same job growth as president trump. but matt, notice that obama used a cut off year of 2015, on his watch from 200 2 -- 2009-2015. >> the types of jobs that we're looking at, i think the great thing about the trump economy, president obama of the wrong when he said the manufacturing jobs are not coming back, they are. it is all about marginal impact,
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there is no questions that plants are being opened and more people with higher paying job. they are not just government jobs, under obama the job increase and gdp was about growth of government and government jobs. these are jobs that can continue over the long-term, we have to stay on this course it is most patriotic thing we could think doing. liz: here is liberal media pushing back against president obama. >> i would say to former president obama, if you are wondering how we go the here, look in the mirror. >> he had a not just a mixed record, a bad record of campaigning in midterm election. democrats got called in 2010, in 2014. democratic party, not just in congress, but in state was decimated during his presidency, question is, how effective will he be out there this time. liz: that debate on one ongoing. >> right, the republican party and conservative movement never
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won so much as under president obama, he got himself barely reelected. but american people rejected his radical policies if he wants to come back on to field, that just reminds every how weak our economy was and how we did not lead abroad. i welcome him to the campaign trail. liz: you know astonishing, and interesting he is the star of the democrat party coming back in at this time. you know over weekend president obama ripped corporate tax cut, we have over 700 examples of companies giving back, the tax cuts in form of wage hikes and giving breaks on electric and energy bills if obama is taking credit for the economy, does that mean that tax cuts worked? he will say, yes, they work. >> clever, i think you are right, which is he is basically unwittingly just put his on the trump economy by saying, it is working, but i deserve the
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credit. so it is just amazing, you know who else is doing better? it is the poor. look at all the poverty statistics. people everyone is doing better in the economy. the free market works and helps people at lowest levels. socialism hurts everyone. liz: you mentioned blue collar workers this story now, urge president trump job bloom has reached blue collar workers, jobs growing fastest rate in 30 years, many of those districts in trump strong hold. in past year through june the economy added 6 56 thousand blue collar jobs. a factory boom. will this trend. you know with what will decide the midterm, will this trend decide the midterm? >> i think that most overwhelming factor in the midterms is people view as
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whether or not they have a greater economic position out there. if they feel greater economic opportunity they will vote that way, you have to look at democracies with kavanaugh hearing, they are acting like maybe, i say children, they don't look at them as serious folks who run the government aspect of the economy, they are making a big mistake with they should go out there say, democratic party has sober rational alternative to trump economy, instead they are trying to loc look like teenagers. i believe most americans saying that not right solution. liz: what did president trump with the chinese tariffs. canada is coming back to table on tomorrow. >> i think most of players say that deal with mexico is most important, that bilateral economic relationship between mexico and united states is most
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important part of nafta. canada is a smaller piece, they would be foolish not to jump onboard as they renegotiate. >> china, you know i hate tariffs, but china is not only an economic threat but a are a security threat, we have to get serious about the threat that china poses, i like the idea of hitting china head on, i don't like idea of our consumers having to pay extra for goods. i think this end, we have to get china to a better place, they are screwing the american en venator -- inventor every day in the economy. liz: matt schlapp thank you. >> thank you. liz: hurricane florence now a category 4 with maximum standed winds 130. it is on track to hit carolinas thursday. florence also has two other potential tropical storms behind it, raising concerns of repeat
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of last year record-setting season, when harvey, irma and maria caused so many losses. carolinas and virginia in states of emergency. if florence lands in north carolina as a cat 4, it will be only second time a category 4 has hit north korea since 1954 -- hit north carolina since 1954. >> moving to, headlines, apple stock down, despite plans to reveal the new iphone on wednesday at new headquarters in california. apple will likely bring out new apple watch and more. >> tesla looking value of company bond, billions of dollar in bond value due in 2025 are plunging as bad press continues with new reports that hackers
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can steal a tesla car by cloning model s wireless key fob in seconds. >> and snap, that stock falling as chief strategist quit, stock price under pressure. after a cun versal redesign, not trade -- controversial redesign, it trading at an historic low. >> checking markets, and money, nicole petallides is on the floor of the new york stock exchange with the latest. reporter: stock kicked off week mixed, dow jones average down. s&p 500 and nasdaq gained. cbs moved higher by 1.5% as les moonves is resigning. and we did see that the stock moved to the upside on the news. >> we hadda -- alley baba and
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snap moving up, the chairman jack pau will be stepping down. last but not least certain stock reacts to this hurricane coming up the coast, we're seeing home depot, lowe's, hitting new highs today, and insurers under pressure, back to you. liz: to this story, cbs ceo les moonves resigning after more graphic sexual assault allegations emerge. it looks like there is $120 million set aside for him. we have that story coming up, a major corporate story. >> but first, to election outcome in squeeze en, still up -- in squeez sweden. still up in the hair, it looks like a hung parliament after yesterday's race. >> sweden has most migrants per capcapita in the eu.
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bingo! alright! and watch whatever you buy. wherever you are. head to xfinity.com/stream to start watching. simple to rent, easy to buy, awesome to go. liz: swedish elections resulted in a deadlock, no party has a clear majority. but far right party, the sweden democrats, is growing, capitalizing on nation's growing migration fears. sweden joining the populous right wing movement that is sweeping across europe, that includes, italy, austria, germany. a backlash against the my grand crisis -- migrant crisis, sweden has more migrants per capita
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than any other country in europe, swedish national television created an uproar, when it reported that 58% of men convicted of rape or attempted rape, were born abroad. joining me now, former trump state department senior adviser christian whiten. >> you have this crime spree, and these voters don't want uncontrol muslim immigration from car zone -- war zones, we're seeing country after country shaking up their political order. liz: uncontrolled muslim immigration from war zones that sounds something that would be politically increek. are you going to get criticized for saying that. >> i think so but it is what it is. this is somewhat of a vote of no
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confidence in the eu u. you may see sweden move again the eu. have you a country of 10 million people taken 167,000 revenues, that is 3 times more than we take. and people don't want their society and culture changed without their consent. liz: there is an issue of crime, in 2016 for example, estimate show there are 3.4 murders per 100 thousand e inhab tens in a very small city. >> giving london with which own immigration problem a run for a money in new crime, this is not usual for sweden, you are seeing a react to that. liz: we see, as we point out.
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where does it head? >> you know i think you will have either a situation where parties get smart like in austria, a young leader recognizing the problems and adjusts the party. and i think that will lead to major change and shake up, we'll see that across much of europe. liz: it looks like turn out was higher than the last time the election of 2014. is there a basis where everyone can agree on in unity going forward when it comes to my grand -- migrant crisis and the migrants coming in, if you top come into the country just be law abiding, taxed citizens. >> in europe you have at least in u.s. we have a melting pot
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somewhat. you see less of that in europe, you see ghettoization of immigrants and migrants, they import their customs, i don't see an easy we out, and lack of that easy solution is driving some of the turmoil. liz: christian whiten thank you. >> thank you. liz: theories continue about who is the anonymous writer of the "new york times" op-ed. vice had the mike pence said whoever did it, is un-american, that is coming up. liz: what is next for cbs now that long time ceo les moonves resigned among new allegations of sexual assault. we bring in media buzz host kurtz, he joins me next. and the bandits, well, they got rocks. we protected your money then and we're dedicated to helping
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came out with allegations, still in the air is whether he will get his $120 million severance package, he may not or if he will continue in a different role with cbs, charlie gasparino broke much of the story. cbs may work with moonves to donate $20 million or more of his sovereign to one of more -- severance to one of more organizations supporting "me too" movement. checking cbs stock, closing day in red, joining me now media buzz host, the author of book media madness. howard kurtz, these new allegations are shocking. >> i read this piece 3 times it is chilling, 6 women on record, two talking about forced oral sex, one said she was pushed up again a wall.
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with tales of retaliation and ruined careers, as important as moonves has been to cbs. board had no choice given the gravity of the allegations,. liz: you know, you make a great point, this story is also hitting cbs in other ways people on air personalties, talking about it, look at this, cbs show the talk, moonves' wife julie chen announcing she is taking time off from the show, and sharon osborne said on air, les moonves has not been convicted of any crime, but the man has a problem. what is your take? >> both on that show and cbs this morning he has always been keep to me, but this is sun
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acceptable. the challenge for cbs, demonstrate to world they are changing culture, part depends on when outside investigation comes back and cbs board, has to decide whether moonves gets any of that $120 million, or gets zero, that will be an important symbolic step, and cbs needs to hire a new ceo, it may be difficult to duplicate for all dark side we're learning about. liz: what do you think react will be if cbs keeps moonves on as an adviser. >> one of disgust, some women, whom by the way deserve credit, many cases many years later speaking out onty of thei on tvt humiliating moment. they will be upset, it hard to
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turn the page, there will be a lot of lawyers involved. but it would undermine cbs' effort to say, we know we had a problem, we dealt with it we're moving forward. that would be a tough sell if there is any continuing relationship with moonves. liz: thank you howard kurtz. >> thank you. liz: to this story, former president barack obama back on the campaign trail over weekend, stumping for democrats in california. now headed to ohio this week. we have a gift coming up who says watch out this could backfire on democrats. liz: but even liberal and democrats say that new york times should not have published that op-ed, and bob woodward also going after that decision, more about who is saying what, next. hi, i'm joan lunden with a place for mom,
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>> it's un-american, i think that is why you have seep seen democrats and republicans speak out against this. it is an assault on our democracy. liz: vice president pe pence wih his take on anonymous writer of "new york times" op-ed. others saying it was wrong for "new york times" to put it out. >> i wouldn't have used it. >> too vague? >> too vague.
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and not -- does not meet standards of trying to describe specific incidents, those are building blocks of journa journ. >> far be it to me to support sarah huckabee but no one elected that person to run the country. >> this so bad, this is not how democracy works, i don't think this person should be applauded. liz: take it up with daily caller executive editor, vince. >> the reason democracies are voicinvoicing concern, this desa long running theory of theirs saying their is no conspiracy within the government against president of united states, yet there it is in "new york times," with "new york times" giving it
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stamp of approval this is clearest evidence we have that there is an act of conspiracy against the president in the government. if you are a democrat looks at this, you realize this posts a risky threat to a narrative have you been building that hey there is no conspiracy began you, but -- against you, but we don't like you. turns out there is one. liz: we heard that sound bite from woodward, she not he is nt a trump fan, the question is our democracy under threat? >> it is, when you have an unelected official trying to seize control. people who are undermining him are threatening the republic, i would say, president of the united states was elected to carry out the very tasks of draining the swamp tackling the establishment. his world view, which by the way is same one he expressed during the campaign, is one that was
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ratified by american voter in 2016, he has been hired to do a job. >> white house saying that this opinion piece has national security concerns. that treasonnist on behalf of new york times to run it the question, should justice department investigate. they are to investigate you know crimes, what is your take? >> well, this -- based on language of the opinion piece, idea there are people within government who are actively attempted to thwart, that the word in the piece, thwart the president of united states, i think that does border on concerns of crystalty, going out of there criminality. it is very troublesome, and i think most americans will want to be concerned about it. liz: you are feeling it might be an overreach. >> potentially, it an obligation for white house to see if they
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can figure out who it is, i think that new york times some have been way more clear. this could be you know, a case of unelected anonymous, people running government. do americans have a right to know who wrote it? >> americans have a right to expect a lot better from new york times, if they are going to take the rare decision to publish an anonymous piece, they should be more narrow about who the person circumstance a cabinet level or a thousand that could be identified as senior official, they are being dishonest with the american public. liz: and sarah sanders asked today about bob ba woodward's b.
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>> a number of people have come out, and said that woodward never reached out to corroborate statements attributed this them, that seems reckless for a book to make such outrageous claims to not even take the time to get a $10 fact checker to call around and verify some of the quotes were happened. it seems like a careless way to write a book. liz: reports that woodward does have tape recordings of interviews, your take. >> in journalism we talk about something sloppy is too good to check in this case, woodward should check, so many sources he is using are saying on deep background, we don't know who the anonymous sources are who make these quotes, we're left relies on bob woodward, if it is
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true that he cht he was not doue checks that is a real sloppy way of journalism. liz: we have you know all over the place, with all presidents, we have seen, the key question, for voters, will this have any effect on the midterms? >> i think that this will serve to confirm ongoing allegation by president trump that there are people within the government who are looking to undermine him, i think that president gets worried about this stuff, but, may not detect how much upside there is for him, the tabloid coverage from this has provided cover for him to pursue an agenda which has been successful, republicans if they took time to take a couple deep breaths would be happy with trump administration. liz: a serious question, is trump getting distracted by this? by thing like nike ad, and
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kaepernick, is he getting off message? are republican party off message about the economy right now? >> i think that president is prone to dirt distraction frome to time. these issues don't really matter to american voter from the media, he is able to pursue his agenda without a critical blood bag. liz: thank you virntion. vince. liz: than >> thank you. liz: serena williams said she was treated unfairly at u.s. open final, saying men do much worse and get away with it. >> but first president obama and -- former president obama, and president trump on the campaign trail.
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>> democrats are not just running on good old ideas like a higher minimum wage, they are running on good new ideas like medicare for all, with republicans in control without checks or balances, they provided another trillion dollar in tax cuts. handed out tax cuts without regard to deficit. >> obama did launch his campaign. speeches that are coming in from this week to ohio. he is taking on president trump, saying that president trump is not responsible for the booming economy. and within after the tax cuts, checking the economy it is fast growing tax reform appears to be working, it increasing incomes and benefits and more for worker
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and consumers. obama now only president to not have had one year of 3% gdp growth, that has not happened since hoover. and during his term, democrat lost across the board, they lost 63 house seats, 10 senate seats, more than 1100 seats at federal state and local level. take it up with america majority founder, ned ryan, great to see you node. ned. >> good to be back. liz: your take on what obama said. >> first, i don't know what is new about socialism, that is what you consider medicare for all, it socialism, there is nothing new about, that if has always been destructive. what is is amazing, when people talk about medicare for all, how are they going to pay for that. except higher taxes, i thought, ronnie who cynthia nixon was asked by new york time who will
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pay for this medicare for all, she said i don't know, we'll pass it get it figured out, we know how they will pay, massive, draconian taxes. liz: we hear from viewer reactions to hurt network all of the time, a struggle between opposing realities and where are the facts, what is your take on president obama going after tax cuts saying they headed to deficit -- they have added to deficit. >> this is height of irony from barack obama who pretty much doubled our national debt in his 8 years in office, he it not seem to have a problem with deficit and ending, i have a hard time believing him to be a devestate hawk. , there is one thing we can be certain about, he is talking
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about 2% gbp the new norm, that thing about donald trump, now with 4.2% gdp, and thousands of manufacturing jobs can't back, - come back, this not about party, the rising tide lifts all ships regardless of party affiliation erase or gender, that is the unifying message. this is good for everyone. liz: president obama is a powerful speaker, voters are listening to him, they going to midterm, they just' the facts, did -- >> but, liz. liz: federal tax revenue go up because of tax cuts? >> you know, i think how trump ilooking at the this. it has. but i think what trump is doing saying we'll get a better economy with 4.2, and maybe 4.6, that is where we offset by
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increasing economy growth. we see how it pans out, but you say barack obama being helpful, 2010 in white house that term was a disaster for democrats and 2014 was, they lost over a thousand seats. >> right. if their policies were working, if obama's policies were working, taking over 4 sectors of the economy is a lot of regulation, raising taxes, if those policies were working then why did democrats lose? >> that is right, right, i would add, you know he keeps ranting about trump being asome symptom, he is asom a symptom of people responding say we're tired of being soldout by a bipartisan globalist ruling past, which has been soldout decade after decade. trump saying as american
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president, i will be the champion for american taxpayer, i find that being afreshing, i have someone who say i will champion your priorities, the difference is we're seeing in short-term that we had trump in, his policies are working. we're seeing this play out in the economy in jobs. i think that best is yet to come, but republicans need to keep the house, if they don't keep the house you will see a massive weight on trump agenda. liz: that is a very big issue. thank you, ned ryan about thank you. liz: to this hot controversy, serena williams, saying sexism was behind the umpire a rulings again her at u.s. open. she said calling him a thief, pails in comparison to what male players say on the court. we have debate, coming up. e.
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included with your internet. plus, get $300 back when you buy a new smartphone. xfinity mobile. it's simple. easy. awesome. click, call or visit a store today. liz: to u.s. open, serena williams fined $17 thousand for three code violations, levied by umpire carlos ramos. ceo of women's tennis association, say this was sexist. serena williams saying female tennis player are treated differently, and that umpire wrongfully accused her, coach did admit he was cheating position nal to her. during -- trying to cign signaln the match.
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upset over this call. now this, former tennis star, said serena williams acted like a burl bully, and martina questions williams saying that just because the guys get away with bad behavior does not make bad behave why ar behavior acce. noel, seemed like blame placed on -- professional tennis. even martina said that the umpire does not have discretion with the rules. >> you know, that is true, the bigger issue at hand, they done
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didn't seem too cover that but what about fact her -- overshadowed this big win from a 20-year-old opponent i? a major win for her opponent, overshadowed by this mess, as far as serena, it sounds like she is a heck of a tennis player, but a very poor sport in this scenario. liz: to be greatest female player of all-time, illegal coaching is common, players are called on it, that is what launched this issue. tennis legend navratilova wrote, we cannot measure ourselves by what we think, we should also be able to get away with, this is the sort of behavior no one should be engaging in on the court, i don't believe it is a good idea to standard of if men can get away with it men should
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be able to too. >> i agree. and this is not serena williams best moment on the court. a incredible player, one of the best of all-time. i think that what matters, whether this is fair or not, this particular umpire never taken an entire game from a player either a man or a woman, in such a high stakes gain, since he has been umpiring, i think she felt she was not being treated fairly, men were call this umpire things that i can't say on air she calls him a thief. my point is that this not her finest hour. liz: danielle and noel thank you very much. >> great to see you. >> thank you. liz: a dangerous category 4 hurricane to hit the u.s. in a couple days, more on that after the break, stay there.
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liz: we are tracking hurricane florence. it's on track to hit the carolinas thursday, virginia and maryland. thanks for having us in your home. thank you for watching. charles payne is here with "making money." charles: reflecting a strong u.s. economy, this index hit an all-time high. what it is and why you should have expose our in your portfolio later in the show. president trump firing back after president obama tries to take credit for our economy. he tweeted president obama would need a magic wand, 4.2%, and we will do much better than this. president obama said president trump would
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