the president departs washington for the g20 conference in argentina. it's going to be an interesting weekend as he meets with >> we know moving too fast would risk shortening the expansion. we also know that it could risk other distortions. we also know that it could risk other distortions. the fed eases worries. erasing all of the losses in november. take a look at futures right now as you can see. we are reversing course. but it's done only by 74 in the market.

that gave europe a nice handoff. and they are trading to the upside gaining three quarters of 1% in london and paris. that gave europe a nice handoff. and they are trading to the upside gaining three quarters of 1% in london and paris. you can see it was higher. this one's for you california. more than a thousand brewers across the country have created it starts right now. here in new york it is thursday, november 29. lauren: november is almost ended. she have a birds eye seat in new york. jay foul took our markets and decided to turn them around. their biggest gain in eight months.

the pace of interest rate hikes might be slowing down. at the economic club of new york. interest rates are still low by historical standards and they remain just below the range of estimates of that level to be neutral for the economy. that is neither speeding up north slowing down the growth. continued solid growth low unemployment and inflation remaining near 2%. the word suggest a word --dash make change of heart. that comment was off-the-cuff. in the day after that. vice president pentz made that china speech that was so strong and with that the markets tanked. president trump is going to argentina this morning.

one with the chinese president. the other with the russian president vladimir putin. we have the latest and wean us erase. >> we think president trump and russia's vladimir putin will be meeting later this week. the white house said that meeting would occur however president trump leaders said he could cancel the meeting due to the aggressive action towards ukraine in the waters off the crimea. they still believe that meeting will go forward while the defense secretary has these strong words for moscow. when you think the first treaty. that's exactly what happens. it shows that cannot be counted on right now. the trade will be one of the top issues. the president has an unusual ally back home the top

democrat in the senate say and he believes president trump stands towards china. he is also cautioning the president not to make a deal for the sake of generating a headline. we cannot relate for the sake of a photo op. our actions will cause some pain but in the long term there is much more gain than pain. president trump will land in buenos aires later today. the official meeting will begin on friday. we will have more special reports test tomorrow. she will be broadcasting from their life. president trump is still responding to the decision to close u.s. factories and cut jobs. it has boosted u.s. automakers.

the same approach could work for cars. they have taken advantage of the u.s. for decades. they have a great power in this issue because of the events. it is been a study now. they have considered auto tariffs up before on european cars. it would increase costs for americans no doubt. apparently facebook was close to charging companies for access to user data. according to the wall street journal facebook once considered charging companies for user data access years ago. e-mails from mostly 2012 to 2014 show they are pushing some advertisers to spend more for increased access. they tell the journal we were

trying to figure how to build a sustainable business. today in shows and shows them in their area. you can see down 23% so far this year. a very popular and e cigarette maker. jewel had $1.8 billion in retail sales this year and because of that. it could give them a greatest --dash make greater access. the breweries are offering a different kind of relief for wild fire victims.

that is a deadliest fire in the states history. the effort is spearheaded by sierra nevada. just west of the areas hardest hit by the fire. with the proud ipa. tracy, thank you very much. microsoft stock is now worth more than shares of apple. microsoft validated about $848 billion.

microsoft's move coming in just four months after apple crossed the 1 trillion-dollar level for the very first time. but apple shares have a tumbled nearly 20% since they warned of a disappointing iphone sales for this holiday quarter. microsoft has spent time and money diversifying itself and apparently it's work. our next guest says the yesterday rally that we had was a pretty big gift the market isn't out of the woods yet. good morning lindsay. marty say that. that were not out of the woods yet. it was one of the major risks facing the market all year long and going into 2019. the other big risk is trade.

in anticipation of this i think we will move sideways into the weekend. and then we could go either way depending on what we get out of the meeting. there are threats to the auto industry. part of that yesterday was technology. technology in healthcare our interest rate sensitive sectors. what was also interesting. tech rally significantly. i do goes up goes up about 3%. this is a group that's been really beaten up in the last several weeks and in last couple months. healthcare has been leading in the last several months. in case we do get a deal. but you also want to have the

defensive side and healthcare. at this .32 percent of investors say we will get three of our rate hikes in 200019. the analyst community says we will still get a rate hike in november. you can count on it. it's a commentary after that meeting in the press conference. what are they gonna say. as he get to take a more dovish tone. it seems like they are gearing up to be more data dependent. will talk about that later on in the show. thank you for coming in early. are they building on the major rally that we saw yesterday?

it's down 35 still head. did jeff dorsey lie under oath when he testified before congress. >> we have some house lawmakers are putting big tech back and how --dash marcotte sea. what happens when one of them goes rogue. [music] i am not for colds. i am not for just treating my symptoms... (ah-choo) i am for shortening colds when i'm sick. with zicam. zicam is completely different. unlike most other cold medicines... ...zicam is clinically proven to shorten colds. i am a zifan for zicam.

oral or nasal. ♪ ♪ (buzzing) gather new insights, leave your data protected on-site, and put it all to work with ai. the ibm cloud. the cloud for smarter business.

♪yeah ♪(rock music) ♪you can't do this, you can't deny♪ ♪they feed us lines, but i won't act♪ ♪and all good things will come to pass♪ ♪but the truth is all you have to have♪ ♪and would you lie for it? ♪cry for it? ♪die for it? ♪would you? ♪i believe

♪believe we're still worth the fight♪ ♪you'll see there's hope for this world tonight♪ ♪i believe, i believe after yesterday's 600 plus rally a little pressure this morning with futures. taking a look down. s&p down seven and a half. new details are emerging about the alleged lies that all men afford toward -- the alleged lies that paul manafort said. those statements and the plea agreement with the former trump campaign aide. he has never discussed a pardon for manafort but it's not off the table.

they pushed for the legislation in an effort to prevent president trump from firing him. in response they followed through to serve on the federal bench for the eastern district of north carolina. they advanced the nominations. stormy daniels is lashing out against her attorney michael carbonite. she claims he filed it without her permission. she annoyed he started a second crowd funding site crowdfunding site for her legal expenses. most of the money so far has gone to her security. they are investigating if

dorsey lied to in september testimony. meanwhile the ceo of google is expected to testify next week over concerns the company could be bias against conserver disk users. get on up as right. we want to take a look at deutsche bank's. their offices were raided by german prosecutors. it is related to suspicions that the bank helps clients create offshore entities in tax havens as part of a monetary -- money laundering scheme.

it is focusing on two employees in particular. in addition to other an edified bank officials. look at what the story is doing to the stock is down 4% in premarket trading and $9.50. they have paid over $18 billion in fines and fees since the financial crisis. there is more coming up. what does this mean for auto stocks in the future of the american car industry. could he try again the big hint he just dropped for 2020. that's coming up next.

you ok there, kurt? we're about to move. karate helps... relieve some of the house-buying... stress. at least you don't have to worry about homeowners insurance. call geico. geico... helps with... homeowners insurance? been doing it for years. i'm calling geico right now. good idea! get to know geico. and see how easy homeowners and renters insurance can be.

i am a techie dad.n. i believe the best technology should feel effortless. like magic. at comcast, it's my job to develop, apps and tools that simplify your experience. my name is mike, i'm in product development at comcast. we're working to make things simple, easy and awesome.

lauren: president trump is renewing threats to slap threats. this should be good news for american automakers but our next guest says otto starks are a hazard for investors. jeff, good morning. thank you for joining us. my is this a so bad for auto stocks. we are really talking about much more protection measures at something like that if it went through by the administration you're talking about much more protection of the industry itself. an overall really.

they can move higher and that just hasn't been the case for any of them. over the last several years. what you think in germany and japan will say about this plan and do you expect retaliation. >> i think what's can happen at the g20 is that both sides both administration as well as the trading partners they will make a lot of noise is about if you do this and if i do that et cetera. ultimately i don't think we will see anything stricter than what is already on the table. i don't think the administration will move forward with any stronger tariffs for the auto industry economists say it would be devastating to the economy into that consumer. let's talk about what they said to the consumer.

25% tariff on car parts and car would increase the cost by vehicle. it is. and this is really the last thing that u.s. automakers need at this point. if you set aside the political calculus of it all. i don't see the administration moving forward with that. and guess or yes or no. have we reached peak auto sales here in the u.s. i think we will see a two or 3% reduction -- reduction in auto sales. the average length of a car loan is 59 months. it's also an all-time record. i think affordability wise and

overall demand i think we have seen at the top of the cycle for now. it makes me grateful for the subway. let's take a look at futures. we are pretty grateful for that rally yesterday. it's down 70 in the premarket. still have, contentions between russia and ukraine. president trump's meeting with vladimir putin on the rocks. it just shows that russia cannot be counted on right now. how should the white house respond to that situation. homeowner tired of thieves stealing packages off of his

porch. jardiance asked: when it comes to managing your type 2 diabetes, what matters to you? step up to the stage here. feeling good about that? let's see- most of you say lower a1c. but only a few of you are thinking about your heart. fact is, even though it helps to manage a1c, type 2 diabetes still increases your risk of a fatal heart attack or stroke. jardiance is the first type 2 diabetes pill with a lifesaving cardiovascular benefit for adults who have type 2 diabetes and heart disease. jardiance significantly reduces the risk of dying from a cardiovascular event... ...and lowers a1c, with diet and exercise. let's give it another try. jardiance can cause serious side effects

including dehydration. this may cause you to feel dizzy, faint, or lightheaded, or weak upon standing. ketoacidosis is a serious side effect that may be fatal. symptoms include nausea, vomiting, stomach pain, tiredness, and trouble breathing. stop taking jardiance and call your doctor right away if you have symptoms of ketoacidosis or an allergic reaction. symptoms of an allergic reaction include rash, swelling, and difficulty breathing or swallowing. do not take jardiance if you are on dialysis or have severe kidney problems. other side effects are sudden kidney problems, genital yeast infections, increased bad cholesterol, and urinary tract infections, which may be serious. taking jardiance with a sulfonylurea or insulin may cause low blood sugar. tell your doctor about all the medicines you take and if you have any medical conditions. so-what do you think? well i'm definitely thinking differently than i was yesterday. ask your doctor about jardiance- and get to the heart of what matters.

>> i think what he said was the actual interest rate are very close. they the ease invest in vested worries. nasdaq down 31.

fbn:am continues right now. lauren: it is thursday, november 29. we just said it. a stocks are really storing yesterday. courtney, good morning.

you really had to look at how the markets are doing recently. when they finally shed some light care that there's light at the end of the tunnel we may be getting an end here. we may see the markets and take off. in your opinion it is data dependent. you're watching the day of the incoming data. and it's housing and volatility. we will hear more from him. this is a decision that they're gonna make

independently of the president you think there is a clear split between the two. what's going on behind closed doors and if one is maybe influencing the other. the data really has been showing that there is some reason here to slow down interest rates in the economy is really at a healthy standpoint right now. inflation is where we wanted to be. in the fact that they don't have to grow or slow down the economy at this point is all really good positive signs that the economy is in a good place right now. it was 11% in change before mr. foul came out yesterday and made those comments. if we do have at the december rate hike which it looks like it's can happen if we have a

three next year does that concern you that that will hurt the economy and may be slow down the economy. i think a lot of this has been priced in. we had been expecting it to grow up faster than people are thinking. and more rate hikes and thinking to happen. if anything. some of that will be normal. i don't think that's can hurt the economy by any means. we had been seen in nervousness with not knowing what's can happen with interest rates. the other big thing overweight in the markets is what's can happen with the trade worse. i think that's can be a positive sign for the market. what is happening in the auto industry. and you just never know what's can happen. as deftly fun and exciting. courtney, thank you very much for being here.

>> president trump is gearing up for two critical meetings. he will discuss trade with china's leader. and he is expected to meet with vladimir putin just days after a clash between russia and the ukraine is a former chief of staff to republican senator mike lee. we will begin with you a boy. the pressure is on to make a deal. but let's listen to what he set about making the right deal. i think the eagerness to make a deal any deal it will be devastating to the long-term interests of the united states. what other things is important to remember.

they get criticized for being a transactional and not relational. this is actually an area where it's to his advantage. the real test for leadership of the 21st century is do you know when to compete and then went do you know when to cooperate and coordinate. in terms of human rights and intellectual property rights. i do think the president will get to a deal because that's what he does best. he will be able to set aside deal with them one at a time and without overlapping the relationship component he'll be looking at what the transaction is. that's move forward from there. what are the chances that president g actually makes a deal or compromises with u.s. demands?

>> president trump has have a talk tough i don't know if he knows that a be tough. our experience has been when you put them in the room with world leaders he seems to roll over to them. he has said a lot there is a food fight in the white house. they seem to be going back in force. we don't know what will happen. there doesn't seem to be a plan. we don't know what he will negotiate he is cannot roll over and in china will get the better of him. in north korea, president trump walked out and said we are all safe. but it's not been done. we continue to see in north korea that there is tracks of missile development that continues. the nuclear program still continues.

and need someone who follows through and cuts a real deal. i definitely want to talk about this potential meeting with putin of russia. what he think will happen at a meeting because you think that as an opportunity for the president not to look virtual and reviewed sisley that country after their actions and ukraine. the president should and will call out for what happens in the ukraine. we have to remember if you look at dealing with north korea if that is an issue we are all concerned about china and russia are the two key allies we have to have as any kind of sanctions this will be another test of the president can he be tough in transactional and call things out as it relates to ukraine. thank you for your input this morning.

>> you know those advertisements on amazon baby registry service they may be more of a headache than help. amazon is facing some back lash for new parents for the deceptive ads displayed the ads look identical to the rest of the requested products listed in the registry us except for a small little gray sponsored tag. the new parents had chosen a in many cases the parents had not. the parents are not happy about this strategy. and according to a marketer it's ad revenue on track to double this year to

$5.8 billion. let's get to some other amazon news. awesome. they can now summon their car straight from the iphone. explain that one. they can to brag a little bit about one of the features. you can summon your tesla from your phone only short distances away. he included a video showing off the owner could get in without ruining his blue suede shoes. that's very important.

target getting into the christmas spirit. a little bit early this year. mark your calendars because coming up this sunday december 2 you can get $300 worth of a target gift cards for 10% off. the deal is available both in stores and online so whether you give them away as a gift keep them for yourself this is a rare once a year opportunity to save on the target gift cards. it's up 9% this year. you can only start using them on monday december 3. unfortunately we have a discount on wall street today. here is the rally yesterday. it is flattening this morning. oil prices are below $50 a barrel. they are at 49 dollars and 87 cents. we've not dipped below 50.

the highest of any season ever. does that translate into viewership. i am not for colds. i am not for just treating my symptoms... (ah-choo) i am for shortening colds when i'm sick. with zicam. zicam is completely different. unlike most other cold medicines... ...zicam is clinically proven to shorten colds. i am a zifan for zicam. oral or nasal.

welcome back we haven't said this in a long time. the tv ratings are up for nfl games this season. jerrod max, why? >> that is a 64,000-dollar question. numbers 5% higher than one year ago. strictly talking tv ratings. the average audience this season is 15.8 million people. my the uptick. the record scoring. i can't watch unless they have a bet in on the game. we have not been seen a lot of the players that were kneeling.

a good game tonight on fox. ten and one saints. they take on the cowboys. they made comments a couple of days ago that defend his freshman players. it caught the attention of lebron james who responded to a video post on instagram where they said coach k absolute best hope he is still at the helm when my boy comes up. lebron junior is 14. he would be eligible for college in 2023. is it is better to give than receive. on the isis.

a perfect time. you can catch the facts report on channel 115. a powerful storm. it's coming soon and it's suspected to slam the central u.s. with heavy snow and strong winds. we are going to be dealing with another storm system moving into the central u.s. across the great lakes. a quick moving clipper system. pushing over the midwest in the great lakes. moisture or streaming in across the gulf of mexico. and in our next big system moving out of the west. this is actually going to give some beneficial rainfall to california. also some major snowpack.

but this in combination of the golf moisture could give us the severe weather threat tomorrow as well as that next winter storm. you want to pay attention and what they say call ahead. hopefully we won't get too many delays. to me delays. genus, thank you. the stock futures in the wake of a 617-point game for the dow our lower. oil prices under $50 per barrel. what we just learned about to the alarming the alarming and new health risk being carried by some of these migrants in the caravan. >> bigger cars in general. what's hot, and what's not when we return on fbn:am. [music]

♪ there's no place like home ♪ argh! i'm trying... ♪ yippiekiyay. ♪ mom. ♪

we are accelerating to the downside. that migrant caravan traveling to the u.s. border facing a number of health issues. tijuana health department tells fox news that it has treated over 2000 migrants with the more than 60% suffering from respiratory infections other issues include cases of tuberculosis, chickenpox in hiv. the former secretary of state john kerry said he carey said he is not really not a presidential run in 2020. he lost to president george w. bush by 19 electoral votes. the center for disease control and prevention said life

expectancy in the u.s. is actually dropped. rise in suicide rates and opioids. our reasons for this decline. we are losing too many americans too early and too often. and check this out. the homeowner in texas it was fed up with package fees so he decided to get revenge. he filled a box full of rocks with an angry note inside. the thieves came by swept off the porch but to the owner supplies they returned the package the next day and he left a note he wrote there was an accident he even left us fake name but a real phone number and that's how police tracked the thief down. >> 's of the thief was as dumb as a box of rocks. speemac automakers unveiling.

there is some pretty cool vehicles at the la auto show as well. this is called the jeep gladiator. they were clamoring for a new jeep truck. this is the new three row luxury suv available. they even have members of the detroit orchestra to do record the sounds that you care.

and we are calling it grand touring. it was a last beetle. after the 2019 model year they won't make them anymore. the tariffs. the president threatening a 25% tariff. it sells for about $25,000. it would be an increase of the price.

thank you jeff, coming up prosecutors raid deutsche bank offices in germany. the stock slides in response. we will have the details next. today, there are more sensors on our planet than people. we're putting ai into everything, and everything into the cloud. it's all so... smart. but how do you work with it? ask this farmer. he's using satellite data to help increase crop yields. that's smart for the food we eat. at this port, supply chains are becoming more transparent with blockchain. that's smart for millions of shipments. . . most encrypted mainframe

is helping prevent cybercrime. that's smart for everyone. and in africa, iot sensors and the ibm cloud are protecting endangered animals. that's smart for rhinos. yeah. rhinos. because smart only really matters, when we put it to work- not just for a few of us, but for all of us. let's put smart to work.

♪yea, you can be the greatest ♪you can be the best ♪you can be the king kong ♪bangin on your chest ♪you can beat the world you can beat the war♪ ♪you can talk to god while bangin on his door♪ ♪you can throw your hands up you can beat the clock♪ ♪you can move a mountain you can break rocks♪ ♪you can be a master don't wait for luck♪ ♪dedicate yourself and you can find yourself♪ ♪standin in the hall of fame ♪yea ♪and the world's gonna know your name, yea♪ ♪and you'll be on the walls of the hall of fame♪ ♪you can be a champion ♪be a champion ♪in the walls of the hall of fame♪ ♪be students, be teachers, be politicians, be preachers♪ ♪yea, yea ♪be believers, be leaders, be astronauts, be champions♪ ♪standin in the hall of fame

cheryl: german prosecutors and police raiding offices this morning in connection with money laundering scheme, let's bring craig, senior market analyst on breaking news, what do you make of news this morning? >> yeah, quite unsettling news, the number of people in raid itself suggests that there's something quite significant here, they cited individuals involved in help launder money in illegal activity, whether all this is or sizable clients or whether there's more to be found here i guess we will learn over the coming weeks but in the moment deutsche bank has taken hit in early break and the more we see the more we can see. lauren: google facing mass u.s.

stock marketive fund in europe. >> europe is cracking down on google. potentially concerning given some of the finer details but the question is what are they going to go after next because clearly target for commission. cheryl: wti contract, the one that we follow in the country, it's below 500, what do you think? >> i think it's still overreaction, we have opec meeting in a week or so when we can expect production cut but we have prices fall considerably in the last couple of months. lauren: craig, thank you very much. >> thank you. cheryl: good morning, maria bartiromo. maria: good morning to you, what a day yesterday, we are looking

at follow through this morning. thursday november 29th, top stories before 6:00 a.m. on the east coast, marks are pulling back after huge rally yesterday, dow industrials now down 81 points, we are following through on what led the market higher yesterday, it was a major rally on the street, dow and s&p 500 now in positive territory for the month. stocks rallied on the comment, comment from fed chairman jay powell, watch. >> interest rates are still low by historical standards and they remain just below the range of estimates of that level that would be neutral for the economy. maria: with that the markets shut up 600 points in europe, the markets are higher across the board, ftse up 45 points, two-thirds of 1%, cac quarante in paris up two-thirds of a percent and dax index in germany up a fraction, 21 points higher, in asia overnight mixed

performances, hong kong lower but deutsche bank has been raided, the bank help create tax heavens and launder money, what it means to already struggling bank coming up. president trump warning on new charges on vehicle following the gm layoff, volvo is slowing hiring plans in the u.s. because of those tariffs, the fallout coming up this morning. honoring our heros, wide receiver fitzgerald pays tribute on his feet, closer look at special cleats for sunday's big game, that's coming up. it is beginning to look a lot like christmas in taco bell, line of themed clothes, socks to sweater and even one subpoena -- onesies. joining me to break it all down, dagen mcdowell, james freeman and mike murphy, great to see you this