@loudobbstonight. we thank you for being with us. good night from new york. i think these talks actually could wind up helping china. cheryl: good for china and good for the u.s.? the white house is reassuring investors the china trade talks are on track. lauren: the dow dropped 300 points yesterday on concerns about a trade deal, plus slowing global growth. futures staging a comeback right now, dow up 76, nasdaq up 22. cheryl: the imf report talking about weakness in europe and european stocks opened lower. now the cac in france actually a slight rebound, the ftse and the dax in the red. lauren: a mixed picture in asia but fractional moves across the board. cheryl: day 33 of the partial p shutdown. there are now two rival bills in

the senate. is there any hope for a deal? we'll talk about it. "fbn: a.m." starts right now. lauren: it is 5:01 a.m. in new york. it is wednesday, january 23rd. good morning, i'm lauren simonetti. cheryl: good morning, everybody. i'm cheryl casone. a lot of news this week, in particular on the global front. lauren: we're seeing mitch mcconnell making moves to try to reopen the government because that is breaking news this morning. the senate plans to hold two rival votes tomorrow, all in an effort to end the partial government shutdown. cheryl: here we go, day 33. ray bogen is in washington. he's got all the details for us. >> reporter: the republican bill follows the proposal president trump made over the weekend. the democrats' option offers temporary funding through february 8th. the ongoing debate still has no finish line in sight and now the

future of the state of the union may hang in the balance. two bills, two votes. one option from republicans gives president trump $5.7 billion for a wall, three year protections for daca recipients and other immigrants and more technology and personnel for border security. >> to reject this proposal, democrats would have to prioritize political combat with the president ahead of federal workers. >> reporter: the democrats want to reopen the government for less than three weeks, giving financial relief for federal workers while they negotiate a permanent solution. >> the president didn't p ask what the democrats needed in a bill to achieve our support. he laid his proposal down on the table and proclaimed it a compromise. >> reporter: the shutdown is getting harder for everyone involved. friday, federal workers will miss their second paycheck and now that's plenty of uncertainty surrounding next week's state of the union.

speaker nancy pelosi asked the president to postpone the speech but mr. trump wants to move ahead as scheduled. the secret service and other top security officials are preparing as if it's next tuesday. >> nancy pelosi is trying to play politics with that venue. there are many ways he can deliver the state of the union address. >> i'm not denying him the platform at all. i said let's get a date when the government is open. let's pay employees. >> reporter: democratic sources say they can wait longer before making tough decisions about next week's speech. sources at the white house say the president is exploring alternatives including taking his speech on the road. ray bogen, fox news. cheryl: well, despite pelosi's objections, the house image majd leader said he would have no problems having the president deliver the planned state of the union address. >> he said i want to go there in person and address everybody. would you be open to that?

>> sure. cheryl: when asked if walls or immoral hoye said if it's pro protecting people, it's moral. lauren: larry kudlow denied a report once again, this time the report he denied was that the u.s. canceled planned prim trade talks with china, saying there was never a planned meeting. the report sent stocks lower. they did recover somewhat after his denial but still closed the day down 3 302, looking at the dow. kudlow talked about how a trade deal would help china. >> we're saying to them if you play by the rules, whether they're structurally technologically related rules or tariff rules or nontariff barrier rules, if you open up your economy and let americans come in, we will have a huge

flood of export sales across the board. lauren: china's vice premier is set to visit washington for two days of high level trade talks with treasury secretary steven mnuchin as well as trade representative robert lighthizer, that is scheduled for next week. cheryl: let's talk about some of the specifics of that deal. doug flynn and art hogan are with us right now. doug flynn is the co-founder of flynn capital management. we're going to talk about the tech industry's game later on in the show. let's talk about the trade talks in general because right now stocks are very sensitive to any comments about the progress of these talks. but the u.s. chamber of commerce has come out, art, and said they don't believe that the chinese are really coming to the table in good faith. they speak for american business whose don't want to put their name out there. do we really listen to the chamber in this part of the discussion? >> certainly do. i'll tell you this, cheryl. i think the lead here is exactly

correct when you said the market is very sensitive to this. there's not a head wind in the market right now that's larger than the china trade situation. we saw that multiple time over the last couple weeks where good news was celebrated in the marketplace and yesterday's story or nonstory about preliminary talks causing the market selloff. when you think about the biggest driver, the imf lowering their forecast for 2019 and 2020 and sort of coupling that with our over-arching concern about global growth, a lot of that is tied up in how we think trade talks are going. i think removing trade as a he headwind would be the largest of the positive catalysts in the market right now. it feels like we're on the right path. the message gets cobbled up when you have a couple different camps in the administration messaging this differently. when you hear lighthizer perhaps you feel we're not making much

ground. cheryl: many have said the white house needs to get singular when it comes to their messaging. i think you're making that point very well. doug, the other issue is the shutdown and the messaging. we had a reporter tell us there seems to be a stalemate with regards to the shutdown. we're at day 33. how important is that to you as an investor and analyst right now? >> historically, shutdowns are not a negative for the market and although we've never had one this long, we've also never had performance as good in the market during a shutdown before. so we've got the best market performance in a shutdown ever. so in the long run if it starts to weigh into things like gdp and whatnot, however slight it might be, that could be an issue. in the short run, that's not going to be an issue. all these people will get their money back and then some in a lump sum. i don't see it as a major thing. i think that's why the market looks past that and through a shutdown. in fact, generally this type of thing is good. they're going to eek out a deal

and if they work out bigger issues at the same time, that could be a very good positive for the market overall. cheryl: certainly the market is watching good old fashioned earnings, art. we're looking at big technology names coming out. that sensitive to china which we started off talking about, but so far the earnings seem to be -- stanley, black and decker yesterday, for instance, pretty decent earnings, j&j but it's the forecasts that seem to be the problem. the uncertainty, is that more of a china issue in your opinion? is it the global growth story? is it the shutdown? what are you seeing from the ceo as they're coming out and speaking? >> it's amazing when you think about the fact that, yes, fourth quarter earnings are actually going to be pretty good. i think so far with the small sample set, we've seen 80% of s&p 500 companies beating their numbers, that's above the last three quarters. that's fine. the problem is all of those head winds that you spoke to make it hard for a ceo to get on the conference call and not be

reticent about what kind of guidance they can give. if in fact we knew that the trade war was going to be over in the first quarter 0 of the year, you'd have explosive guidance, you would have companies making a lot of business decisions they're not making right now. i think guidance will be the bug dingbugaboo in tensioner the ea. the marc market's at an interesg juncture. we're perfectly neutral at 15 times. we're at a perfect place to enter earnings. guidance will be the driver. cheryl: real quick, doug. we'll be hearing from ford, from texas instruments, that's going to be an interesting china trade electronics story as well. but ibm and ford in particular, even intel, these are key numbers. those forecasts, again, are a little dicey right now. >> i wouldn't be surprised if after this quarter, next quarter things dip a little bit. i think that sets us up well for the second and third quarter to

be very good and probably higher than expected and back to all-time highs which does really well for the market. look, china isn't really necessarily going to do a major deal until they know trump is going to get reelected. any normal republican or democrat will go back to the old ways. they have to find out who they're dealing with and whether or not they'll deal with him for another four years. it's going to be slow. those are things to look for later in the year. put money in your 401-k and max it out. cheryl: art and you doug, thank you very much. appreciate it. lauren: after a string of cost cutting moves, tesla is raising the price for drivers to charge up their vehicles. cheryl: tracee carrasco hads got that story and other headlines making news. tracee: gone are the day of free charges. tesla hiked the price by nearly 20%. the average national rate for juice now at a tesla super charger station is 28-cents per

kilowatt hour. that is lower than the 33% tesla originally proposed. backlash from tesla owners caused the company to lower the rate. tesla is slightly lower in premarket. cheryl: they may do something later on. investors are calling on ebay to make major changes. tracee: an activist investor sent a letter to ebay's management making it clear that the stock needs to do much better. the letter outlined a five step plan on how to improve including selling stub hub and the classified ad business. so the company can focus on the core marketplace business. ebay said in a statement that it values its shareholders' input and will carefully review elliott's proposals. hedge fund starboard value has approached ebay about making similar changes. ebay is down about 20% over the past year. lauren: a big theme last year,

slimming down to refocus. job seekers may want to think twice before they read company reviews on glad door, what's going on? tracee: glass door has become the yelp of employee company reviews. according to an investigation, companies are secretly boosting glass door ratings by having employees post positive five star reviews leading to an unusual spike in the good reviews. the reason employers do this, glass door company ratings have become a popular weapon in job recruiting. a spokesperson said the reviews may jump for a number of reasons, including hiring surges, a company event or internal encouragement. take those with a grain of salt. cheryl: they have to be careful. other companies have gotten into trouble over there. tray see, thank you very much -- tracee, thank you very much. lauren: after stocks broke a four day winning streak yesterday, we have them back up again. they're back in the green this

morning. s&p is gaining a quarter of 1%. still ahead, the senate tackles the government shutdown with dueling proposals. but will either one fly. >> the proposal outlined by president trump that we'll consider in the senate is the only proposal, the only one currently before us that could be signed by the president and immediately reopen the government. >> i don't think any democratic senator is going to vote for it. lauren: are both proposals dead on arrival and do either one stand a chance in the house? plus, the major overhaul for the house oversight committee, big name progressives are now members and one of them has pretty big plans we'll tell you about when we return. ♪ everybody's talking all this stuff about me. ♪ why don't they just let me live. ♪ tell me why. ♪ i don't need permission. ? well, you should definitely see how geico could help you save on homeowners insurance. nice tip. i'll give you two bucks for the chair.

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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. lauren: the partial government shutdown enters its 33rd day and mitch mcconnell plans to hold two different votes in the senate tomorrow to end the shutdown. good morning. why the dueling votes? >> dueling votes really are just to get a -- it's very symbolic at this moment. you're looking at the democratic proposal which would be a temporary reprieve up until february 8th where at least some government workers will get back pay and then of course they could talk about further negotiations to extend the government remaining open until the end of the year.

the republican proposal includes trump's proposal of temporary extensions to daca and tps. both are unlikely to pass in the senate but, you know, there's obviously a chance that it could get both sides closer to an actual compromise. lauren: is leader mcconnell's strategy, and he always has a pretty good strategy, to present to the president, this is what the votes would look like and also perhaps to see what defections they could get from democrats to the republican plan and vic vice versa. >> a number of rank and file democrats have at least expressed their desire to reopen the government and that includes giving the $5.7 billion in border wall funding to president trump. if they can get an extension on daca and tps protection, and then the democratic bill $12.7 billion in disaster aid, they'll take that as a win. with the house bill moving onto the senate without any border wall funding, this mcconnell

bill is really where that stop gap measure is for border wall funding. lauren: do you think the gop has the seven democrats they need to cross over to support the president's plan? >> right now it's not looking like that. there might be. i mean, there's a slight chance there will be. lauren: i'm thinking of the senators who have districts, who have states with federal -- a lot of federal workers who are furloughed for instance, or doug jones in alabama, those up for re-election in 2020, are there any you could see crossing over? >> doug jones is one of them, joe manchin may be another. he's not up for re-election for another five, six years. we have to look at obviously in the 2020 presidential l election, that's when voter turnout for democras is for demr than the midterms. with senate election, republicans will be more vulnerable this time around. lauren: let's talk about the

economic effects of the shutdown. we're in the 33rd day. this is larry kudlow yesterday. >> once the government reopens, these resources and opportunities will come back, literally the day of. there will be a snapback, immediately, that's my sense. lauren: do you think there's going to be a snapback? >> a snapback in terms of government -- furloughed government employees getting back pay? lauren: yes, everything will be business as usual once the government does eventually reopen. >> possibly. there will still be a bad taste in a lot of government employees' mouths. at least they will be able to pay their bills. once it comes to pocketbook issues, most people will be pleased at least with respect to the government being reopened. lauren: we're showing the pocketbook on the full screen, the fifth week of the shutdown could have cost the company $6 billion which covers the cost of the border barrier. thanks for joining us this morning. >> thank you for having me.

cheryl: let's take a look at futures this morning, snapping a four day winning streak yesterday. we're now back in the green this morning. as of now, the dow is up 79 in the premarket, s&p yo up 6 3/. global growth concerns are kind of easing this morning, looks like. also this, detecting dementia, decades in advance. details on the blood test breakthrough. and if you are one of the millions of people who deleted their facebook account over privacy concerns, you are not out of the woods yet. how some sites are still tracking you. yeah. you're watching "fbn: a.m.." ♪ watch out, you're going to lose control. ♪ cool it now. ♪ i switched to liberty mutual

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cheryl: welcome back. futures actually in the green today after losses yesterday. that was of course on the chinese economy, trade concerns, the imf forecast. different story today. the nasdaq is up 23 3/4. flights resumed and newark airport after the faa halted them over drone drone worries. arriving flights circled for 30 minutes yesterday after a drone was spotted at a nearby airport. the delay happened around 5:00 p.m. that's during one of newark airport's busiest arrival and takeoff times. teachers in los angeles will be returning to the classroom today after reaching a deal with the district. they brings an end to the strike that left some 600,000 students in limbo. the new agreement includes a 6% raise, a gradual decrease in class sizes and more staff.

educators in denver could walk off the job as soon as next monday. teachers voted overnight to strike for more money. colorado may step in and delay the protest. president trump has renominated 51 people for seats on the federal bench. the white house sent a full list of names to the senate after the nominations expired at the end of 2018. nine appointments are for spots on influential appellate courts, including two vacancy on the traditionally liberal ninth circuit court of appeals which the president has called in the past politically biased. and democrats didn't waste any time giving this new progressive lawmaker investigating power. >> when your son looks at you and says mama, look, you won, bullies don't win. i said baby, they don't. we're going to go in there and we're going to [bleep] cheryl: that's congresswoman,

ray shoulcongresswomanrashida t. the committee is set to grill michael cohen in a public hearing on february 7th. new testing could detect alzheimer's disease in patients 16 years before they begin to show symptoms. the test measures a specific protein in the blood that signals future development of alzheimer's. researchers say while no cure exists for alzheimer's, the research could help in testing treatment options for people. really good news for folks out there. lauren: so many suffer from alzheimer's and dementia. we saw a brutal selloff yesterday, the dow fell 300 points. it was up four days in a row and four weeks in a row and it is back up again today, the dow up 88, nasdaq up 24, looking at the futures board. that's third of a percent across the board. still ahead, the trump administration not backing down

that its trade talks with china are on track. >> we're making progress in negotiating on the grandest scale between the two countries ever. okay? we're covering everything. lauren: but when covering everything, will some details get lost in the mix? what a broader trade deal with china means for technology. and millennials dreaming of easy riches, how they're hoping their gaming skills will actually pay off in the stock market. you're watching "fbn: a.m.." ♪ tonight. ♪ we are young. ♪ so let's set the world on fire. ♪

they have stolen technology, they steal intellectual property, they counterfeit products. it's rampant. lauren: just how rampant are these pretty thorny technology issues and how do we address

them in a trade deal with china? cheryl: the dow falling 300 points yesterday amid concerns about trade with china and slowing global growth. futures pointing to a higher open today. cheryl lauren: we're seeing some green in european markets. the french market is higher by 8 points. the other markets are down. cheryl: stocks in asia mixed picture. fractional moves across the board. in fact, japan's nikkei the only index in the red overnight. lauren: a new study finds you can check out from facebook and twitter but you can never actually leave. uh oh. "fbn: a.m." continues right now. lauren: 5:31 in the morning. it is wednesday, january 23rd. thanks for joining us. i'm lauren simonetti. cheryl: i've now got hotel california from the eagles in my head, lauren, after you teased that story.

lauren: you got the reference. cheryl: oh, yeah. you can never leave. good morning, everybody. i'm cheryl casone. lauren: pessimism is growing ahead of a key u.s./china trade meeting scheduled for next week. reports say the u.s. rejected a chinese offer to hold preliminary talks signaling perhaps a lack of progress in negotiations and obviously one of the major sticking points is the u.s. demand that china protect american intellectual property. cheryl: the united states is accusing china of forcing american companies to share technology when they do business in china. beijing still denying those accusations, despite the march 1st deadline approaching for an agreement to be reached. neither side appears ready to concede. let's bring in dan hive dan ived wally. this is a major problem for american companies. the u.s. chamber came out with a report that said that, look, that we are losing billions of dollars, $48 billion, back in 2011. this is the chamber that

represents u.s. companies that are afraid to publicly speak out against the chinese. none of that according to the trade representative has stopped and we're supposed to negotiate with these guys next week, dan. what do you say? >> it's the lightning rod. i've covered technology for a few decades. this is really a silver bullet issue for the valley and for software and chip companies going into china. that's why really outside of apple, no other american technology company has been successful in china. this is a huge hurdle to get over. i would stress with 5g coming around the corner, that really makes us even more front and center as an issue. just given how key that technology is going to be in the babattle between the u.s. and china. lauren: that's the whole idea of a split internet, the china internet and the rest of the world internet. that can't be good for security or the future of technology, can

it? >> i mean, the whole idea around this sort of trade dispute is about technology. what we might see is sort of a decoupling of the i.t. sector. it's going to be very difficult. i mean, manufacturing, u.s. manufacturing in china, the relationship is so reliant on one another already to a certain extent that it will be costly to sort of try and force the two to separate. cheryl: you brought up apple. i'm glad you did. it's not just apple and tim cook that are closely watching the negotiations. it's software developers, it's semiconductor companies, it's chip makers, all of them will have ill effects and continue to have ill effects from the fact that the chinese are still -- they're still stealing. it hasn't stopped. >> this has been a black cloud over china in terms of for u.s. technology companies for decades. i'd say right now the biggest risk in the market -- take out fundamentals. it's china. but really, when you look from a technology perspective, this is something where the worries for

investors is that a deal doesn't get done but specifically on the i.p. side. because this is kind of definitely shining a spotlight on an issue that's kind of been there for many, many years. just go to redmond and ask microsoft about piracy in terms of windows. i think this is something that could be a huge positive for u.s. tech companies if it gets done but no doubt, i mean, this is a key area and really a linchpin of the deal getting done. lauren: china has to admit that they're stealing and it goes beyond -- they say we'll open up our economy but there's no signs they'll change their behavior. is there a penalty we could put on them or their companies, jail time, criminal charges or something to make them say you know what, we've got to change the way we do business. >> certainly. i mean, that's right. we don't necessarily need china at the table to punish chinese theft. one thing that's been advocated

for is the sanctioning of individuals, chinese individuals who have stolen or use known stolen intellectual property. simply relying on hear dissay it necessarily enough. to find the companies that have broken the laws and punish them for doing that, both in the u.s. market and international markets, will be a much more successful way of bringing -- reforming china than the bilateral trade talks. cheryl: that's a really good point. we know all about made in china 2025. they have said -- this is xi jinping, that is leading this. they want to be number one in electric vehicles, number one in robotics, number one in aerospace. that means stealing u.s. i.p. property, intellectual property, riley. you've been bullish i know on these talks in the past. but are you now? >> you know, i'm positive that they're going to make a deal. i'm also realistic that the administration is going to kind of real quickly come to a wall

on what they can achieve with china. i mean, one of the issues is cyber theft and cyber attribution is one of the biggest hurdles for all cyber security and not only assigning it to the chinese government and somehow punishing them for it or setting up a system to punish them for that is very difficult. so i'm realistic that the chinese, they're not necessarily going to want to play ball in this. i think the u.s. can and should be doing more unilaterally and with the european and asian allies to punish. lauren: we have 36 days left before the march 1st deadline. what type of deal do we get and how do we get there? >> i mean, look, i think a big thing is going to be around the i.p. issues and i think specifically from a technology perspective, i think what investors want to see is that you can see acquisitions. remember broadcom, qualcomm, they want to make sure you will see acquisition potentially between the two don countries.

the big thing comes down to not just on the tariff side but making sure we have better i.p. issues in china that would really open the road for u.s. tech companies to go after china and that's the focus across ceos that i speak to. lauren: dan ives, riley walters, thank you for joining us this morning. cheryl: let's move to viacom right now. they are making another move into the world of online streaming. lauren: tracee carrasco has that story and other headlines making news. hi, tracee. tracee: viacom purchased the video streaming service, pluto tv, for about $340 million. the move allows viacom to increase the digital audience for its programming while givenning mtv an advertising platform. it boosts viacom's digital video capacity. viacom up about 20% so far this year. lauren: a lot of people say i'm done with social media, facebook

deleted, twitter deleted, but not really. tracee: may not matter. recently published research from the university of vermont shows social media sites like twitter and facebook can be used to extract information about the preferences of former users, just by monitoring their contacts. anything from a political affiliation to purchasing practices, favorite tv shows, that information shared online by friends and contacts could potentially be used to figure out many aspects of a person's life, even after you've deleted your social media accounts. both twitter and facebook do allow users to control and delete data and information related to their accounts but may not matter. cheryl: i still have hotel california in my head. you can check out but you can't leave. that's what we're talking about. new trend in mobile gaming, what is it? tracee: according to the wall street journal, it's stock trading apps such as robin hood, these are the new trends, some

new users say they check the app as often as their social media accounts, making trades with the hope of easy money. the journal reports these apps are both good and bad, technology and low fees help more people invest but trading often can erode long-term investment gains when investors react to short-term price swings. these gaming apps, trading apps are like gaming apps to them. cheryl: interesting. lauren: thank you very much. cheryl: futures, we had losses yesterday, green arrows this morning. dow up 81, s&p up 7, nasdaq up 20 3/4. we'll get a lot more key earnings reports before and after the bell today, by the way. the markets may be up so far this year, but not so for the slumping housing market. the data pretty interesting from there. and it looks like cbs just said no to a marijuana ad for the super bowl. you're watching "fbn: a.m.."

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gotten into the hall of fame with a pure unanimous vote. manny rivera -- mariono rivera knew he would get elected last night. then it went on to this. watch. [ cheering and applaus[cheeringt player elected with the a full 100%. mike macina got the call, 76.7%. you need 75% to get in. roy holiday also elected as was edgar martinez. and then there's barry bonds and roger clemmons, well short, neither even hit 60%. you need 75%. remember last year's u.s. open with serena williams meltdown, losing the finals? a rematch was already at the

australian open. osaka won the quarter finals match. serena serving for match point. serena kind of rolls her ankle and she loses the point. serena lost four match points and then lost six straight games, lost the match, didn't blame her ankle and credited plishkava. we will have to wait for a rematch between serena and osaka. stewing over the saints' loss sunday in the title game, in large part because of a critical called missed by the officials, one saints fan rented bill words around atlanta and said the saints were robbed. at least two lawsuits were filed against the nfl. a petition was signed by around 700,000 fans. they want the game to be replayed, picked up at the point just under 2 minutes to go where the pass interference call

should have been. cheryl: which they could do, the nfl could do that. they could do a rematch. >> there's no way ever. you can't unscramble a scrambled egg. super bowl a 53 is 11 days away. we won't see one commercial on cbs. there was a proposed ad, they were willing to pay $5 million, but a medical marijuana spot was shot down. cheryl: harry consistentic conr boycotting the super bowl. >> a lot of bars in new orleans are doing the same thing, they're not going to he show the game. cheryl: biggest blown call i think i've seen in a long time. lauren: will there be a change made coming out of this? >> i think there will. the fact that a sports bill in new jersey credited people who bet on the saints, that sends a strong message. cheryl: thank you very much. i'm sure there will be more lawsuits to report on. jared's sports reports are on

fox news, 24/7. lauren: we have green on the screen, dow up 81, s&p up 7 coming back after the selloff from yesterday. it may not be beach weather outside but it may feel like it, at least in the northeast, coming out of the deep freeze we saw and felt over the past couple days. janice dean has the forecast you cannot miss. and picand pickup trucks are goh tech. we'll tell you about the new truck. that's a truck? very cool. ♪ trying to find the sun. ♪ and i wonder, still i wonder -- 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. was all this, really necessary?

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lauren: good morning. let's get you caught up what is happening now. we have an up market after a 300

point selloff yesterday on the dow. it's back up 92, nasdaq up just about 23 points this morning. home sales dropped in december. weakest level since 2015. check this out. existing home sales declined 6.4% in the last month of 2018, signaling the sluggishness may continue into the new year. sales were weighed down by stock market uncertainty, and higher interest rates. the tsa is reportedly asking for backup amid the partial government shutdown. an internal e-mail was sent to workers in several states asking them to move from the normal airports to those struggling with those calling out sick. the e-mail reportedly claims that hotel and travel would be covered for them but they won't get paid until the government reopens and the second missed paycheck comes on friday. the trump administration now asking the supreme court to decide on the 2020 census citizenship question. the request which bypasses the

court of appeals demands a final ruling by the end of june. so the question, are you a u.s. citizen, can be printed in time if it does get the green light. last week a federal district judge ruled to block that question. well, gmc's new 2020 sierra truck has a bag of new tricks in it including x-ray vision. 15 different camera views including one that lets drivers see through the trailer they're hauling. it works by combining two camera angles. gmc promises the new heavy duty truck will be able to tow more than 30,000 pounds. look at that trailer on the back of that truck. cheryl: that's a big, beautiful truck, everybody. this is beautiful news. hallelujah. bitter cold is over for now. lauren: for now. fox senior meteorologist janice dean is here with a look at the forecast for today and going forward. >> it depends on where you live too. because the next system, we have more cold air being pulled south

from canada, but here in new york it's a balmy32 degrees, a far cry from the single digit below zero wind chills we had earlier this week. here's the new system that's getting its act together across the upper midwest, great lakes, mainly a rain event for a lot of folks. we could see icy mix as well. for the most part, as the system reaches the eastern seaboard it will be too warm for a snow event. we're talking 50-degree temperatures in new york city on thursday. so could see a couple inches of rain, flash flooding will be a potential here and the snow is going to be across the great lakes, upper midwest and then interior northeast, not a big deal here. so today we're watching this next system push across portions of the eastern third of the country, cooler air arrives in from canada but not the bitter cold that we certainly have experienced this past week and then our next system moves across the northern rockies and the central rockies.

forecast highs again for thursday, so that cold air is across the midwest, the northern plains, and then we'll start to see it sort of move over the great lakes and then the northeast. 29 degrees on saturday, but again, relatively speaking not the cold air arctic plunge that we had earlier this week. so there's the good news. there's the silver lining. lauren: relatively speaking, it's beach weather. >> 50 degrees for some might be shorts. cheryl: i would like to apologize to the viewers in the midwest for bragging. my apologies. >> you're allowed. cheryl: we heard from the imf yesterday about global growth. how much is that report going to still haunt markets? we're going to talk about it when we come right right back. ♪ her name is rio and she dances on the sand. ♪ just like that river twisting through a dusty land. ♪ largest gig-speed network. then went beyond. beyond chasing down network problems.

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lauren: global slow pdown, that's a headline at the world economic forum in davos, switzerland. investors and policy makers are preparing for this slowdown. but how close to a recession do we actually come? cheryl: ray dalio spoke to maria bartiromo in davos about this topic. >> i think that people have got to realize it's going to be a negative, all things, on growth. europe has a negative growth and the united states is going to have a negative growth

environment. i don't mean absolute negative. i mean slowing of growth in a material way. that could be close to between zero and 2% over the next 18 months. lauren: it's synchronized slowing growth unfortunately. the markets are responding to all of this. we had a negative day yesterday, sharply negative. we are seeing a comeback this morning. dow is indicating a higher open, a third of 1% across the board. we're seeing many losses in europe and asia. cheryl: we'll be hearing from proctor and gamble after the bell, a lot to watch in your markets and a lot to watch in davos. "mornings with maria" starts right now. announcer: live from davos, switzerland, at the world economic forum, here's maria bartiromo with a special edition of "mornings with maria." maria: good morning, from switzerland. i'm maria bartiromo. thanks so much for joining us. happy wednesday, everybody. it is wednesday, january 23rd.

your top stories right now, just before 6:00 a.m. on the east coast. markets looking to rebound this morning, futures indicating a higher opening after the selloff yesterday, all this talk of gloom and doom in davos is making me bullish. maybe it's an overreaction. we're looking at a bit of a stability and bongsbac and bouns morning. s&p is up 7 and the nasdaq is up 18. we are watching for an end to the shutdown. the senate will hold votes on competing bills tomorrow to reopen the government. it is unclear if either has enough votes to advance. it comes as president trump moves forward with plans for the state of the union on tuesday. drones cause chaos at one of america's busiest airports. all incoming flights at newark air wernewairport were halteddee of the drones. a tribute to tony sew pra sopra. we'll have details coming up.

i sat down with brian moynihan and asked him first about those worries about global slowdown. >> let's start with what our experts predict. we have the top research firm in the world, has done a great job. they had the u.s. growing at 2.5% this year, the world growing 3.5% gdp growth. that's down from last year. so the confusio the consistent e environment right now is -- the confusion in the environment right now is this a slowdown or is this a recession. you're seeing the consumer led economy grow 8% year over year, in terms of cash used and spending, very strong. unemployment's real low and wages are growing. everything's pretty good, it's just slowing down a little bit. everybody's saying that means it's going to go here. it doesn't. it's just a slowdown. if it comes out