tv FBN AM FOX Business January 21, 2019 5:00am-6:00am EST
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straight away. jason, always great to have you with us. even when we disagree just like this. okay. >> you are almost 100 percent right border and reopen. >> that government still shut down. today is day 31. markets are closed today for the martin luther king holiday. as they pose their best start --dash make best start for the year. the markets are open. the stocks are mixed there.
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and the super bowl is set. the past is incomplete no flag. not without a huge controversy. you won't believe how the nfl is now responding this morning. fbn:am starts right now. good morning everyone. foxbusiness is open for business while the competition is asleep this morning. and we survived the storms.
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the economic growth hitting the slowest paid -- pace in nearly three decades. and that pulled the full year growth down to 6.6%. that is the slowest annual pay since 1990. the jobless rate also jumped up to 4.9% last month. they firmly reject the newest proposal after he offers to extend protections for a young immigrant in exchange for border wall funding. we are at the white house. we have all of the latest details. they are going to be some hardliners i don't like the plan. and view the concessions they
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will and seven democrats for it to pass as well. the white house is clearly trying to ease those concerns. it is a three-year extension and it will be used only in a much bigger deal whether on immigration or something else. vice president mike pence also suggested this proposal is not a final author -- offer. congress will begin its work. but what i did over the last month and notably over the last two weeks was a direct our team to meet with rank-and-file democrats to find out what they were looking for. to make the baking on the rank-and-file democrats. his party is united gets a
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proposal. and they are not going to negotiate until after he reopens the government. >> it is clear that the president realizes that closing the government and hurting sony american workers in their families his put himself in the country in an untenable position. there's only one way out. they plan to have a vote on this tuesday. the impact of the shutdown continues to grow. the tsa is now facing the highest level of absences since the shotgun began. they had closed a checkpoint at baltimore international airport. because of excessive callouts. a powerful winter storm has caused massive flight cancellations in the u.s.
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more than 200 flights had already been canceled and they canceled nearly 2200 flights on saturday. the hardest hit airport yesterday was boston logan international. the storm jumped up to 12 to 18 inches of snow in parts of the northeast. a rain event in new york city and parts of new jersey some the other states and got a horrific hit. it was a very dangerous storm. let's go back overseas and talk about this headline. they're entering the ninth a week in jail and he is making another plea for his release. nine weeks behind bars. the district court is set to hear the latest bail
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position. they are have reportedly promised to stay until in security guards to ensure that he does not flee. so apple is bringing back one of its smaller cheaper phone. the iphone sce reportedly appeared in the online apple store's clearance section it was originally launched in 2016. his first sulfur 349 to $449. marked down to as low as $249. they may have brought back the iphone sce to clear out any inventory they have. they are down 12% over the past year.
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movies are getting a little extra boost over the holiday weekend. we have an we've an extra day off and already helping the box office. i've been waiting for the world to see it is expected to reach a $47 million for the four-day holiday weekend in second the upside with an estimated 19.5 million people and after today rounding out the top five i tie for third between that and aquaman. into this. a big weekend for football folks. the super bowl is now set after a double dose of overtime on championship sunday.
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there he is a tom brady march the patriots down the field. it was the afc title game. and that controversy the saints think they were robbed in the fourth quarter they miss in this blatant pass. 57-yard field goal to beat the saints 26-23. jerred jared max well have a closer look at the games. the saints have a great season. this is his eighth super bowl.
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china's economy grew 6.6% last year. that is a for this in your pace. and it certainly gonna raise concerns about what it could mean for the entire global economy. 6.6% growth. that's actually a very brad number. they are really starting to push down the economy in the consumer there. the global a selloff this morning. the bigger you get the harder it is to get those giant growth numbers.
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we don't really know what those numbers are. they're not exactly known for reporting accurately they made just be taking this. several economists the economy there is more anemic than the data from the government is actually telling us. let's talk about the numbers that we got from them. if you look at the 6.6 percent. for them to actually come out and admit that their economy is slowing. the chinese are really a lot more vulnerable in this trade war than people think. the markets have been rising. the chinese markets have been under heavy pressure. i would venture to say their numbers are much worse.
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when you're dealing with all of these other issues. there is no way they could ever meet the numbers out there. they had been dramatically getting smashed for over a year now. i think they're a lot in lot bigger trouble than anybody thinks. there's been laughs are reported. that's where the auto parts are made. if you're saying laughs there. an unemployment rate is rising. they had trouble and they've got to cut a deal with the united states. and they have to do it now. i think president trumps theory their entire time if he stood firm. i hope he continues to go this direction. i think that will happen sooner than later.
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markets are closed for the holiday. they are trading through the down side. it has now claimed at least 85 lives and there are 65 reports of missing persons. happen on friday about 70 miles north of mexico city. over poisoned concerns. they are bound for dubai. they begin to turn green and complained that they were suffering. frigid temperatures. the flight was heading into hong kong. forced to land in canada due to a medical emergency.
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it saps a plane from taking off but passengers were sleeping on the plane and sub zero temperatures without much food. united has apologized. >> the attorney is slamming the buzz feed report. michael cohen to: to lie to investigators. they should be under investigation. it's good you have a history going on in the media that interprets everything against donald trump. they are offering no evidence. >> i can't really get into the details there. we can't really go any further in order to not jeopardize our sources. yes indeed the same sources that we used in the story are standing behind it as always. it is visible for its entirety
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in north and south america. the next total lunar eclipse is not going to be around until may 26 of 2021. i will be around for that. that's what's happening right now. growing speculation as to whether the former starbucks ceo will throw his hat into the 2020 ring. into the 2020 ring. is sounds like you're running for president. i did not say that. we're going to discuss that. and something else people aren't happy about the freezing weather. what it means for your wallet when we return.
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>> the store may be behind us but that bitter cold that hit much of the country this weekend is here. it's about to get a lot colder. we are here with the forecast. how cold is it going to get today. we will see temperatures and wind tells below zero over the next several hours. antedate through tomorrow and things will start to improve. the snowfall totals. over a foot of snow. this was no slouch along the coast. we always said it was going to be in those sections.
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it's very cold. and very dangerous obviously. our next storm system arrives into the rockies. and that's can a big bring the next snow chance. back to you. this bitter cold how will it affect energy prices. phil, good morning. happy monday. good morning. that certainly affects the pocketbook. we have already seen the price of heating oil and natural gas go up. in this winter we are already on track to be paying about 12 -- 10% more than we did a year
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ago. it even enhances that because we use it more. there is more demand. it can also affect production and oil. a lot of people in the northeast still use heating oil. it takes longer for the oil trucks to get there. they're such an impact when you have this kind of adverse weather on the entire industry. so hopefully we will get a little bit of a thaw and keep those prices cooler. it is freezing outside. earlier today wti hit $54 per barrel.
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we are seeing a strong signal on friday. they detailed the specifics of the cuts and they are taking oil off the market. i think by actually publishing their quotas they are sending the signal to the market. i think they will put that in. and of course the other big issue is we are talking about this big slowdown in china today. it's kind of interesting we saw the slowest growth we've seen in many years but if you look at the actual oil demand numbers. it was 12.1 million barrels per day. if there's any progress in the future of the trade, trade deal with china. we could see oil prices is substantially higher this year. >> think you very much for joining us on this brutally cold monday we appreciate you. i'm a stay warm.
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let's talk about president trump. he said hey let's make a deal as this proposal is gaining steam on both sides of the aisle. if it is spent in an appropriate and reasonable way. is there new hope now for passing president trump's latest proposal and ending the shutdown. netflix is taking on another 1990s classic with the help of stranger things. you're watching fbn a.m. jardiance asked: when it comes to managing your type 2 diabetes, what matters to you?
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when it might be time to buy or sell? with fidelity's real-time analytics, you'll get clear, actionable alerts about potential investment opportunities in real time. fidelity. open an account today. >> i would not rule out a wall in certain instances. the notion that we can't have barriers is just something
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that is not true. day 31 of the shutdown as democrats consider a new plane from president trump on immigration and border security. markets are closed today for the martin luther king holiday they have the best start of the year since 1987. this is a story for 200018. this could all change in the next 24 hours. stocks in europe are trading right now. it's up 17 points. as they wait for the plan b to exit the european union. the french and german markets are lower today. the trade work taking a bite. still asian markets higher and it's up more than a quarter percent. facebook may be facing the largest fine ever. we continued right now.
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it's 5:30 in the morning. it's monday january 1. good morning to you. we are live and life and we are here the competition is asleep. the government is not entirely. it is day 31 of this record long government shutdown. they are presenting the democrats with the deal. even conservative republicans dismissed the deal saying that the president was offering amnesty to illegal immigrants. and that forced mike pence to ease their concerns. there is no permanent status here at all. what this is the good faith
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effort to address the issue and bring relief to train for recipients. and now it returns to the senate. it could come as early as tomorrow. they follow this sort of thing. and the chaos and politics. in my question for you is what do you think it will take to get the democrats to actually negotiate? >> i think the president's call was extremely wise in the sense that he made it clear to the american people that he is actually willing to give them a major for over half a decade now. and they are offering their at least a three-year extension. it could always ask for more. and so the fact that they are out right rejecting that makes them look like the ones who are being unreasonable. see mac let's look at the
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offer. not only is it $5.7 billion for the wall or the barrier $800 million in aid about $800 million in drone detection technology. seventy-five judge teams. the border agents. this is really about securing the border that democrats say they want to do does it make them look bad if they don't even want to negotiate with this one. >> the rhetoric about the ball at times has been a little bit disconcerting. i think the idea that being a third century solution problem is a very valid one. the plan is fairly detailed. he is not trying to establish 2000 miles of concrete along the southern border but rather strategically pointed combined more importantly with technological stopping support for the southern border.
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do republicans get at least seven democrats to cross over. do they have the numbers. however, right now from a pr perspective the president has made exactly the right call. i'm following up on this key campaign promise with a real concession and actual negotiation. he is going to the table and making a deal. and if the democrats decide that they don't want to make a deal and they say this is a non- starter than that sort of begins to make the question why. it's $5 billion. and are they really now there and they don't care about border security. you do have to be an immigration hawk to realize that. we do need to reopen the government at some point soon.
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thank you for your time this morning. as the shutdown continues the market actually has rallied since this all began last month. it is a shutdown. as far as days ago. wall street might now be able to ignore this for long periods so far so good. but there is a lot of ipos on tap the market is can have to start paying attention here. like you said. the market has been along for the whole ride. and we are in day 31 of this. we are not sure how much. jamie diamond has been out saying that we could actually go to zero for the first quarter. whatever we get in the first quarter the federal workers i don't want to minimize it 800,000 federal workers not
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getting paid right now. the president has signed a bill to that effect. but even the white house has acknowledged the impact of the shutdown. we could be looking and a at a half a point for the month of january. we could have first quarter gdp if we get it. if we get the report. we might not get the report. it could be is 0% as much as that in the first quarter. i think this will end fairly quickly here. the polls out there place him as that villain. a month from now the americans are going to care how we got there. they will demand a solution and a compromise. the functioning of the stock
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market is starting to see the effects that supposed to come out on the 25th. that is an important piece of information we may not get. the issue of january gdp. all of this is can be skewed. even if we get some kind of release on some of these. we will not get the full picture. it's already slowed down some things. it's slowing down ipo in the effective rates for things i want to come out. we are involved in one as well. it will affect things the markets understand that. like you said earlier. we are up near 7% year-to-date in the market has been along for the whole ride there is a little history there.
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sixteen government shutdowns. i think we are in uncharted territory here. david nelson thanks for being here it's good to have you. involving the personal data of more than 2 billion users. tracy, good morning. that could be more than $22.5 million which they handed down to google in 2012. according to the washington post the potential find stems from an ftc investigation opened after the data scandal. facebook is down 17% from a year ago.
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they haven't really been fined or punished from the transactions. let's talk about starbucks in chairman schultz. advisors have reportedly been exploring the possibility of launching an independent bad bid for the white house. but washington state democratic party chair issued a statement friday calling on them to give up any consideration of an independent run in a statement she said just don't. too much is at stake both for you make this about the ambition of any one person. he is yet to respond to her comments. i like the fact that she said just. don't. through mick what is netflix
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doing now. they are continuing their string of reboots. they had been given the green light to a 12 episode run of the true crime. the executive producer to oversee the production. unclear when this new unsolved mystery will be debut about 54 percent from a year ago. i remember back in the day it started in 1987 i think. it was a big hit. wall street is closed today. we are open for business. we have another 24 hours to find this out. thersea may is going to
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present the new brexit to parliament. the white house has announced a new summit meeting. any actual progress has it been made. in the super bowl is set. not without a huge missed a call against the rams in the nfl is responding. you're watching fbn:am. ♪ (vo) here's a question. was it necessary to create a luxury car more teched out than silicon valley? with a cockpit fit for aspaceship. hang on. radar that senses things the human eye can't. busted. and the ability to make a thousand decisions before you even make one.
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here we go super bowl 53 is set. over time in both conference championship games. it's pretty unbelievable. jared max breaks it all down. for a third straight year and ninth time overall. they trail the patriots 14-zero at halftime. with this touchdown pass. the pats lead by just enough time for the chiefs to score
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again. this great catch by rob good caskey which sets the patriots up in position and here they go on they scored the touchdown. unbelievable gain. that would go to overtime. thanks to patrick my home. and they would be able to do that. a change in the fourth quarter. the patriots one that coin toss. they sent the patriots to the super bowl. the nfc championship went to overtime. they led 13-zero. they go for a 1 yard score. the fourth quarter they try to send the saints to the super bowl. no penalty call. they were forced to go for a field goal.
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they have enough time to force overtime. so we go to overtime and that is where a 57-yard field goal will go on to win it. they get the pic. and then they go to the 57 yarder. we are going to see the ramps against the patriots nine times. love or hate tom brady you have to say amazing accomplishment by him as a quarterback. the rams opened up as one point favorites. they are going to wear their throwback blue and yellow uniforms. he showed yesterday. they have a good season. we are going to talk to every day.
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the white house announces plans for its second summit with north korea. >> the president believes that we can make real progress and we will continue to strive for that. has there been enough for progress to of progress to warrant the new summit. does she have a viable plan b for you leaving the european union. trip i've been promising. because with expedia, i saved when i added a hotel to our flight. ♪ so even when she outgrows her costume, we'll never outgrow the memory of our adventure together. unlock savings when you add select hotels to your existing trip.
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we have made a lot of progress that has not been reported by the media but we have made a lot of progress. he has the heritage foundation center. how they made a lot of progress. certainly from where we are sitting here what is publicly available it doesn't appear to be the case. there seems to be no evidence that the north koreans have actually slowed their nuclear weapons development we have yet to receive a list of all of the nuclear materials. it's can be very hard to determine what changes if any have occurred. should we be rewarding north korea and its leader with the summit which is a respectable form. should we address the issue with the summit.
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>> one of the things that has been lacking as a working group to hammer out the details. so when the president gets together with the north koreans a lot of these details have been worked out. a working working group has distorted with our special advisor. they seem to be starting. with only 30 days we think to go that is not a lot of time. if you want better results if you need a different approach i suppose. what different approach would you advise the white house to take. i would have said to the white house that before you promise a second summit the north koreans need to deliver something beside flowery letters from kim jong to present trump. a love letter that includes a list of materials in the mailbox. were wearing suits.
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take a look at what the former speaker set on fox news sunday. >> he went on national television and made an address in a western suit and in a western studio looking like a modern part of the regular world. that was a revolutionary moment. some folks that think they do seem to think that he has come a long way under this administration but you disagree? >> they certainly have changed somewhat. we have gone always -- over a year now. what we don't know is whether the is apposite because of programmatic's. or is that in response to present trump in the meetings with them. but in terms of strictly on the nuclear side i'm afraid i'm not seen the strategic movement we had been hoping for. thank you very much for joining us today. >> we have a lot more coming up, is it plan b time for thersea may?
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we know anything about this plan b is that much different from plan a? which nobody liked. >> it looks as though they actually look like plan a. they're trying to negotiate with the parties. it seems like the red line that they've laid out makes this not achievable. so now they have reverted back. and all the parties to find a way around this backstop. something that au is not considering. it is those in her own party for what we're reading here that seem to be the big problem for her. in her own party. there is many different ideas about how to resolve this.
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they don't really fall in line with the referendum. it seems a little unrealistic at this stage. of course you've you got the no deal option which falls in line with the referendum. this is can be a very difficult solution for them to find a way around. it's can it take a little bit more leeway from the eu i think to get people on board. in one of the things that they're looking at currently is trying to get indicative votes on how people would react in parliament parliament if the backstop was removed. this is where we need to see some more slack. >> mornings with maria starts right now. >> good morning everyone. it is monday january 21 or top stories at 6:30 a.m. eastern. the shutdown showdown. today is 31. president trump making offers
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to end the government shutdown but the democrats showed no signs of compromise yet. we look at what's on the table straight ahead. economic slowdown and china. in china. new numbers out show that growth in china came in at eight slowest pace last year since 1990. what this means for our markets and the global economy and present trump in the trade negotiations. super bowl 53 is set. the patriots heading back to the big game for the third straight year. it was a controversial call. in the saints in rams game. that has everyone talking this morning. unfair say those seems fans. a bald eagle goes viral after i was caught on camera ceiling a fisherman's fresh catch. we will show you that to you over and over again. right now mornings with maria starts.
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[music] the u.s. markets might be closed for the holiday today and we celebrate today the birthday of martin luther king junior about we are open for business here at the foxbusiness network. let's take a look at how the futures are fearing this morning. the global market action we are really telling you about that. we have some mixed markets. losses in france in germany overnight. despite the news out of china that theco
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