tv FBN AM FOX Business January 24, 2019 5:00am-6:00am EST
5:00 am
leave venezuela. this comes as president trump recognizes the opposition leader as the interim president of i truly believe history will mark this as a low point for the speaker of the house for that office. to disinvite this president. lauren: a stunning twist. the president saying he will postpone his state of the union until the government shutdown is over. cheryl: big news breaking late last night. now to the markets, earnings powering stocks higher, pushing the dow up 171 points yesterday and today we also have green arrows ahead of your market open. intel and starbucks will report later today. dow up 43 in the premarket, nasdaq up 32 1/4. lauren: this is how stocks are trading in europe at this hour. the dax is gaining half of 1%,
5:01 am
the ftse is down a tenth of one percent. cheryl: taking a look at asia, stocks mixed, japan's nikkei edging lower, down 19 points. lauren: as the government weighs punishment for facebook's privacy breaches, some groups are pushing to break up the social media giant. "fbn: a.m." starts right now. cheryl: 5:01 a.m. in new york. it is thursday, january 24th. good morning. i'm cheryl casone. lauren: good morning, everybody. i'm lauren simonetti. you cannot miss a beat in this news flow. i went to sleep late last night i didn't know the state of the union was essentially not happening. cheryl: we're going to get to that story and of course facebook, are they ma bell, remember those days, folks? we have a lot of breaking news to get to. president trump delaying his
5:02 am
state of the union ah address. the president tweeted last night, as the shutdown was going on, nancy pelosi asked me to give the state of the union address. i agreed. she then changed her mind because of the shutdown, suggesting a later day. this is her prerogative. i will do theddking for an alternative venue because there is no venue that can compete with the history, tradition and importance of the house chamber. i look forward to giving a great state of the union address in the near future. exclamation mark. nancy pelosi tweeted this. mr. president, i hope by saying near you future you mean you will support the house passed package to hashtag end the shutdown that the senate will vote on tomorrow. please accept this proposal so we can reopen government, repay federal workers and negotiate our differences. lauren: she's alluding to what is happening today. two bills will be considered in the senate. one republican plan to open the
5:03 am
government with $5.7 billion for border funding, and concessions for immigration. and the second is the democratic plan that does reopen the government but only funds the department of homeland security through february 8th. lindsey graham was on hand at this last night and he -- hannity last night and he was slamming nancy pelosi. >> nancy pelosi has become a nightmare for the democratic party. there's a reaction to this far left rhetoric in the senate by more mainstream democrats that i think will eventually allow us to get the wall funded and do things for the daca recipients and tps recipients. there's a deal in the making and the more extreme nancy pelosi gets, the more likely we'll have a deal. lauren: neither measure is expected to get the 60 votes necessary to pass in the today. cheryl: well, the crisis in socialist venezuela reaching a breaking point. a group of world powers led by the united states declaring resistance leader juan guiado as
5:04 am
the country's true president. this comes as demonstrators clash in the streets. the trump administration is refusing to comply with the 72 hour deadline to remove u.s. diplomates from venezuela. mike pence was on with trish regan last night. he said the u.s. will do what it can to restore democracy. >> the real work lies a ahead and the united states is going to continue to bring the full weight of our economic and diplomatic pressure until freedom and democracy and ferrelfair elections are restoe people o ovenspeople of venezue. lauren: according to north korea's state medium, kim jong un said we believe in the positive way of thinking of president trump. wait with patience and in good faith and together with the u.s.
5:05 am
advance step by step towards the goal to be reached by the two countries. president trump sent his response to the north after he received a letter from kim last week. the two agreed to hold a second summit, that's going to happen somewhere in asia next month. cheryl: carlos ghosn, who continues to sit in jail in japan, has resigned as chairman and chief executive of renault. the french car maker's board seized on the move, meeting today to replace ghosn. as you know, ghosn arrested back in november in japan, charged with misstating his salary at nissan for a period of several years. he is likely to remain in jail until at least march in tokyo. lauren: wow, arrested in november. buzzfeed is planning to lay off about 15% of its workforce. cheryl: buzzfeed is not having a good week, tracee carrasco. you've got that story and some other news. tracee: the cuts could affect
5:06 am
around 250 jobs. in a memo to employees, the layoffs come as buzzfeed tries to refocus in the changing digital media landscape and turn the company's revenues into profit. according to the memo, buzzfeed wants to be able to sustain operations without seeking additional rounds of funding. the layoffs are expected to happen next week. lauren: advocacy groups are calling for the breakup of facebook. what do they mean by that? tracee: a number of advocacy groups including the electronic privacy information center reportedly urging the federal trade commission to push for a breakup of facebook, in addition to massive penalties for the cambridge analytica privacy violations. according to the wall street journal, the groups say the ftc should require facebook to unwind the acquisition of both what's app and instagram for its failure to protect the data of those app users. facebook not responding yet. facebook is slightly higher in the premarket. cheryl: there's been a lot of talk about are these big
5:07 am
technology companies too big and this reminds me of the ma bell days back in the '80s when the phone company was too big and the government stepped in and said you have to break this up. now it's facebook, maybe twitter. that's wild to me. lauren: are they too big or are they just too powerful? unfortunately that's the question. i think people are going away from facebook, though. we're coming off social media a little bit. cheryl: a lot of people deleting their accounts because they don't trust facebook. let's talk about boeing. what's going on with them? tracee: the flying car prototype hovered briefly in the air during an inaugural test flight as they try to revolutionize urban transportation and package delivery services. the aircraft, part helicopter, part drone, part plane, it lifted a few hundred feet off the ground and made a soft landing after less than a minute
5:08 am
of being airborne at an airport in virginia. tests are planned for package hauling that could lift up to 500 pounds. boeing is up 7% over the past year. lauren: if we go back to that picture, tracee, that's a flying car? it didn't look anything like a car. tracee: it's a hybrid of a bunch of different types of vehicles. lauren: all right. they're testing the future. tracee: there it is. lauren: thank you very much. cheryl: let's take a look at futures right now. we are going to be getting before the bell this morning, she was just talking about boeing, we'll hear from american, southwest, jetblue, a lot of the big airlines reporting, 171 points yesterday, we jumped, folks and we've got another kickoff this morning. doesn't look too bad. dow up 44, s&p up a 5.5, nasdaq up 33. now, of course investors watching the news coming out of davos and all of that talk about a slowdown of the global economy and that remains again today
5:09 am
front and center in switzerland. >> what we see is the economy slow a bit but that's not a recession. is it a slowdown or is it going into recession? nothing we see says it's close to recession. cheryl: maria bartiromo talking to the biggest names in davos. we're going to get more on the sentiment coming out of switzerland, it's got us asking here is all of this talk about the global slowdown going to take us into a recession? just talk about it. love may not be dead but one candy staple is. you know what i'm talking about, lauren? lauren: based on the pictures, yes. cheryl: i know. this is scary. valentine's day is coming up, right? lauren: i hate valentine's day. cheryl: i do too. why we may have to find another way to show our affection. may be chocolate. lauren: i think it's on a thursday this year. cheryl: good. we'll blow just over it. you're watching "fbn: a.m." ♪ to mak they won't let go, x'ss
5:10 am
yto's. clear, actionable alerts about potential investment opportunities in real time. fidelity. open an account today. to be nobody but yourself in a world which is doing it's best to make you everybody else... ♪ ♪ means to fight the hardest battle, which any human being can fight and never stop. does this sound dismal? it isn't. ♪ ♪ it's the most wonderful life on earth. ♪ ♪ we're finally going on the trip i've been promising. because with expedia, i saved when i added a hotel to our flight.
5:11 am
5:12 am
uh uh - i deliverberty the news around here. ♪ sources say liberty mutual customizes your car insurance, so you only pay for what you need. over to you, logo. ♪ liberty. liberty. liberty. liberty. ♪ cheryl: a new fox poll shows that many americans feel better about the economy than they did two years ago. 41% of voters rate the economy positive which is better than the 33% who felt that way when president trump took office. but the number is down from 47% last month and the lowest mark we've seen since august of 2017. let's bring in courtney damingas. sometimes it's not about what is
5:13 am
actually happening with the market, it's how we feel about the market. i think the same goes for the economy. >> very much so. i think we're seeing the markets take off here because of investor sentiment on the market, very much justified by the data that's coming out. we take a loo're seeing really b numbers. we're seeing unemployment lower than 4% and when we look at household debt, it's lower than it has been even going up to the great recession. all that data is really showing that the economy is in a really good place. all the doom and gloom we saw last year was really overstated. we're seeing that optimism come back in. i think justifyabley so, as the economy is in a strong place here. cheryl: it's interesting because we've been covering davos, maria bartiromo has been in davos, talking to some of the biggest ceos in the world, the verizon ceo, happen hans vespern with him. she asked about the perception of a global slowdown. >> if i look in the u.s. market,
5:14 am
technology is so important for our daily life. so far we've seen that continue to be an important piece. of course, if it's a huge slowdown, then people will of course start thinking about their communication bill as well. so far, it's such a necessary thing for your life, we continue to invest. cheryl: growth in technology. brian moynihan, same thing, they see global growth. thehey say the imf may be getting it wrong and the slowdown in the chinese economy, 6.6%, come on, it's 6.6% for china. why the doom and gloom out there? >> that's something we need to focus on. there's all of this talk about the economy not growing as fast but it not growing as fast is a. cheryl: yeah. >> exactly. we're talking gdp growing between 2 and 2.5% depending on who you're talking to. if we look at it in that per
5:15 am
february i've, the economy is -- perspective, the economy has done so well, i don't see those numbers being a problem. cheryl: this talk has had its effect on oil. oil was down yesterday, down three out of the last four sessions. bill flynn said the doom and gloom is kind of the talk on the floor of chicago and copper prices are under pressure, that's a china story but that's also a global story. is that two good examples of how the talk is pushing into sentiment among investors and traders? >> yeah, it's a really good point. i think a lot of things will be overweighed by the trail wars that are getting figured out here. we have had a lot of progress there and a lot of that, if and when that gets resolved, which hopefully is going to be very soon, will if anything boost more sentiment and more growth into the economy and into the stock markets which is a very bullish sign. cheryl: the year is just beginning. we have a long way toss go. if earnings are going to help us
5:16 am
out, that could be another getting up early. for more on all of this, remember "mornings with maria" going to be live from davos, switzerland, all of that starts at 6:00 a.m. eastern time. she has great guests coming up today. lauren: let's take a look at futures. we had a nice pop yesterday, dow up 170. the upside continues this morning. more earnings on tap, investors sinking their teeth into positive earnings over trade and growth concerns out there. coming up, president trump cracks down on surprise medical bills that weigh on patients' pockets. >> the healthcare system too often harms people with unfair surprises. when you go to a grocery store, you go to see a mechanic, you know the prices upfront. lauren: what the administration is doing now to put an end to those eye-popping bills. and democratic congresswoman alexandria ocasio-cortez wants the 1% to pay their fair share, but she just voted against
5:17 am
paying federal workers. how she is defending that move this morning. i can't wait to hear it. cheryl: of course she is. oh, me neither. ♪ say it ain't so. ♪ your talk is the heart breaker. that rocking chair would look grahh, new house, eh?e. 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. two?! that's a victorian antique! all right, how much for the recliner, then? wait wait... how did that get out here? that is definitely not for sale! is this a yard sale? if it's in the yard then it's... for sale. oh, here we go. geico. it's easy to switch and save on homeowners and renters insurance.
5:18 am
frstill, we never stoppedss wmaking it stronger.e. faster. smarter. because to be the best, is to never ever stop making it better. the new 2019 c-class family. lease the c 300 sport sedan for $429 a month at your local mercedes-benz dealer. mercedes-benz. the best or nothing. how would your wife or girlfriend answer that question? when it comes to your performance in the bedroom, not making it to the end zone is a big deal. with score! from force factor, it's easy to take it all the way. small blue capsules to rev your libido and improve performance. score! starts working as soon as you take it, and lasts a long time. and now, every man in america can claim a complimentary bottle, available today without a prescription. just text the keyword on the screen to 69-69-69. score! is on the rise at retailers everywhere, for good reason. its key ingredients ignite desire
5:19 am
and get your blood flowing when and where you need it most, helping to increase vitality and maximize physical response. it's no wonder thousands of men trust score! to fuel their performance. if you aren't measuring up, do somethin' about it. just text the keyword on the screen to 69-69-69 to claim your complimentary bottle. if score!'s results are too strong, please discontinue use. that's the keyword on the screen to 69-69-69.
5:20 am
lauren: good thursday morning. let's get you caught up on what's happening now. a gunman killed five people at a florida bank then reported his own crime to police. police say jeff inzaier called 911 and barricaded himself in the bank. the 21-year-old suspect recently resigned as a correctional officer trainee.
5:21 am
investigators have not released a motive. he faces five counts of murder. the victims have not been identified. police are expecting to give an update later this morning. a threat made on twitter stopped a delta airlines flight from flying out of heartsfield jackson a airport in atlanta. a runway was briefly shut down as passengers were deplaned and moved onto another aircraft. police swept the plane for explosives and finally the all-clear was given. imagine that. and new york congresswoman alexandria ocasio-cortez is the only democrat to vote against the short-term bill to reopen the government. ocasio-cortez explaining that the bill's funding for i.c.e. stopped her from passing it. she wrote on instagram most of our votes were pretty straightforward but today was a tough nuanced call. we didn't vote with the party because one of the spending bills included i.c.e. funding. president trump is vowing to back down on those surprise medical bills that patients just
5:22 am
can't afford. the president says patients should be made aware of medical costs upfront. the issue gaining bipartisan concern with multiple lawmakers working on bills to end the practice. and finally, miss you, get is, a treat that will be hard to come by this valentine's day are those iconic sweetheart candies with the fun messages on them. necco closed its doors last year. the new owner says the factory couldn't keep up with demand for sweethearts this year because of a temporary factory shutdown. sweethearts were actually the most popular valentine's day candy last year. cheryl: they make wafers too and those are gone. people are upset about that. lauren: i hear there will be a comeback in 2020. cheryl: we'll have to go with chocolate. here we go with futures, folks. dow is only up 28, we're still up, though, s&p up 3.5, nasdaq
5:23 am
is up 28 3/4. we'll be watching earnings. and we'll watch this, a stunning downfall for venezuela's socialist regime. >> the country's literally a failed state and what president guaido represents is a new beginning. cheryl: well, with the white house recognizing the resistance leader as venezuela's president, what is next for this country that already seems to be in chaos. we're going to talk about it. and it sounds like a bad saturday night live skit but it's actually not. why people with paying big bucks for used tissues. lauren: ooh. cheryl: yeah. germaphobes, turn your tv off -- no, turn the volume down. you're watching "fbn: a.m.." don't turn it off. ♪ back it on up. ♪ fill your cup up. ♪ let's tear it up, up.
5:26 am
5:27 am
results. i think we've got a pretty good outlook. cheryl: are things pretty good? seeceos, gathering at the world economic forum are pretty optimistic. lauren: we have positive earnings, helpings to send the -- helping to send the dow up 171 points yesterday. more earnings on tap today, including intel and starbucks. dow futures are up 38, nasdaq gaining 32. cheryl: taking a look at europe, kind of a mixed bag. lot of concerns about growth or slowing growth in the e.u. and the big ecb meeting is today. the ftse down, cac index bearly holding on. lauren: someone described it as a mental recession, that's what we might be in. we saw a mixed performance in a asia overnight. the nikkei slightly lower. cheryl: one company thinks it's got a better answer to the flu vaccine. get this one. used tissues. cheryl: no you --
5:28 am
lauren: n no thank you. cheryl: and it's catching on. "fbn: a.m." continues right now. we're coming up on 5:30 a.m. in new york. it's thursday, january 24th. good morning, i'm cheryl casone. lauren: hey, everybody. thank you for starting your day with us. i'm lauren simonett lauren simo. cheryl: i have tissues over here, do you want one? lauren: hand them over. cheryl: right now, we've got this. more companies p opening up their books to investors today. you've got intel, a dow component, sta starbucks, thosel be the headliners after the bell. this is shaping up to be a pretty strong earnings season. 76% of s&p 500 companies have beat estimates so far that have reported. can these upbeat earnings overcome this worry about a slowing global growth story? is the imf wrong. let's bring in jason of halo
5:29 am
investing. good old fashioned numbers, is that what we need to be watching? despite the stanley black and decker news, overall things have been pretty positive this week. >> i'm still focused on the used tissue story. i'm excited to hear that. but getting back to earnings, earnings have been pretty good. revenues have been not as stellar as they were in 2018 but bottom line earnings were pretty good. i think i'd like to focus more on procter & gamble and kimberly clark. i think those were two good stories. one has a beauty line business which procter & gamble has and that really drove earnings yesterday. where kimberly clark doesn't, which leaves you comparing different consumer products of diapers and razor blades and other things of that nature and that wasn't so good, which might give you a sneak preview of what's to come with consumer spending. cheryl: does that worry you, then? are you worried about the
5:30 am
consumer. you start talking about a recession, talk about the bottom falling out of the world and people start to believe it and pull back on spending and then a lot of these ceos in davos, jason, are telling us things are pretty good. they're kind of rebuffing this global slowdown talk. >> yeah, i mean, i think that you want to take a top-down meets bottom-up approach. when you look at bottoms-up from a company and earnings perspective, things aren't that bad. i'm a believer that top-down ends up driving everything which is the global macro picture. you were talking about europe and a mental recession and you look at german numbers that came out 30 minutes ago were suboptimal to say the least and they'll continue to be suboptimal as tensions come to play. earnings are pretty good. i think now is the time where people should be looking at active management versus passive management because the good companies will outperform the broader index. cheryl: that's a good point. i think people should heed that advice. we'll be hearing from the
5:31 am
airlines this morning, american, jet you blue, but after the bell it's going to be all about intel and starbucks. intel a dow component. starbucks might be a sign about the global economy. what are you looking for? >> i've been focusing more on intel and when you look at intel, i think clearly there could be a slowdown in smartphones and some of the other tablet-like products. intel has been this stalwart where other peers haven't been doing so well compared to them and they have a unique play on the automotive industry and a.i. so i would like to have intel or see intel do pretty well after the bell. starbucks, everyone's still drinking their coffee. i think china will be the biggest focus with starbucks and kind of how the store growth shakes out. cheryl: they've done a lot of expansion in china. you're right. that coulthat could part of them line but again the global story. bristol-meyers, we're talking about healthcare. there's a lot coming out. this could change the game.
5:32 am
we'll see if it done. jason, thank you. appreciate it. lauren: the trump administration is refusing to comply with nicolas maduro's 72 hour deadline to remove u.s. diplomats from venezuela after theuan guaido, is recognized as the country's true president. todd pyro joins us now with how the u.s. is backing the power shift. good morning, todd. >> reporter: good morning, lauren. the crisis in venezuela reaching a breaking point after a group of world powers, led by the u.s., declared guaido president. the state department issuing a statement which mike pompeo tweeted with the caption, u.s. will conduct diplomatic relations with venezuela through the government of interim president guaido. u.s. does not recognize the maduro regime. u.s. does not consider former president maduro to have the legal authority to break diplomatic relations. they move comes as pro and and anti-government demonstrators
5:33 am
clash in the street. here's mike pence reacting to the events. >> the country is literally a failed state and what president guaido represents is a new beginning for the people of venezuela and thanks to president trump's leadership, the united states of america is standing with the good people of venezuela for that new beginning. >> reporter: guaido expressing his gratitude, tweeting in spanish on the part of all venezuela, i appreciate your commitment to support the will of the venezuelan people. a former venezuelan diplomat speaking out on the need to remove maduro. >> the presidents are very clear, it's a very cruel dictatorship that has created an economic meltdown for their own interest of grand corruption but also the worst part is the humanitarian deterioration that they have induced through weaponization of starvation and
5:34 am
medicines for social control and to remain in power. >> reporter: we learned that a number ovens wa of venezuelans have asking for protection of opposition leader guaido, his wife and his daughter. definitely a situation we need to monitor. lauren: thank you for the latest. we ask our next guest how does this play out. we bring in mike gonzales of the heritage foundation. thank you for joining us. >> thank you for having me. lauren: what's the end goal for the united states? >> the u.s. has -- this is quite a victory for u.s. diplomacy led by trump. what happened yesterday, which nobody l else is really analyzing this way, is that trump led the world. trump and mike pence, vice president mike pence, led the world in recognizing juan guaido and severing relations with i guess still the dictator but the former presidentbrazil, argentid
5:35 am
trump. france followed trump p. and the next steps will be -- it's going to be very dramatic. hundreds of thousands of venezuelans have taken to the streets. you now they have to fight the government thugs that are sent to kill them, sent by the dictatorship of nicolas maduro and we'll have to see what happens in the streets of venezuela. my god, this is another story, it's a once wealthy country ruined by socialism. lauren: they have the world's second most promising oil reserves after saudi arabia and yet their people are starving. mothers are giving away their children because they can't afford them. so this is the demise of a society. we've seen about 3 million refugees last year flood into other nations nearby. 2 million expected to flee this year. is there any parallel that you can make with this caravan that is approaching the u.s. border that oftentimes these refugees
5:36 am
because they need money find themselves dealing with narcotics, human trafficking, bad things like that. >> well, no, i wouldn't say there's a parallel. what's happening with the caravan it's in honduras, you have leftist forces led by the former president who are i'm city gaiting the caravans because they oppose the government of president juan hernandez. that is really a political story, not told a lot in country, that is inches gaite iy the left in honduras. what is happening in venezuela, is the collapse of a once wealthy country. it used to attract immigrants from europe. now it sends immigrants all over the world. the country has collapsed because of socialist policies. i think millennials who want socialism in this country should take a look at what's happening in venezuela today. lauren: maybe aoc and the
5:37 am
freshmen democrats should look at that, you're right. my question is where do we go from here? what should the u.s. involvement in venezuela be and does the military stick with maduro? >> that is the question. who nose knows what will happen. maduro told the u.s. embassy that it has 72 hours to leave. the u.s. has rightly said our of venezuela, juan guaido. you don't tell us what to do. we're going to stay. maduro has blocked himself in. if he attacks the u.s. embassy, he is attacking the u.s. one of his henchmen went on tv just i guess last night and said things could happen to the u.s. embassy, electricity could be cut off to it. so we will have to see what happens now with the embassy situation. lauren: we're watching it. mike gonzales, thank you for joining us thi you. cheryl: okay all your streamers and bingers out there.
5:38 am
listen up. a week after netflix raised its prices, hulu said its cutting the price of the most popular online streaming plan. lauren: take that. tracee carrasco joins us with that story and other headlines. tracee: hulu will charge $5.99 per month for its basic service, down from $7.99. hulu is, however, hiking prices across its other subscription tiers. hulu live tv, a cable tv-like package will cost $5 more per month at $44.99. the new changes take effect february 26th. lauren: walmart is making a big push to hire truck drivers. why is that? tracee: walmart hired about 1400 new truck drivers last year, says it plans to hire hundreds more this year amid an ongoing shortage of drivers. next month, walmart's drivers will get a per mile pay hike. the average pay for the drivers will be almost $88,000 a year,
5:39 am
which is significantly more than the average truck driver makes according to the american up 11% over the past year. cheryl: there is a huge trucking -- there's still a job shortage. the need for truckers has never been more important with amazon and everyone else. one company is selling -- none of us can get over this story. a company is selling used tissues. they say it's to help fight the flu. lauren: is this a joke? tracee: this is not a joke. i may rather have the flu. i don't know. they are selling for $80. cheryl: what? tracee: he yes. they're treated with organic ingredients, nonprescription, claim to help boost the immune system. they keep them in a little dish there. the company says using a tissue that carries a human sneeze is safer than needles or pills. but if you wanted to buy any of these, they are already sold
5:40 am
out. lauren: i'm sure glad they're organic. [ laughter ] cheryl: do we hate the flu shot that much. i would rather get the flu shot. i haven't done it yet. tracee, thank you. good story. lauren: i think that is a good story. we're keeping an eye on stock futures this morning. the dow is up 23, the s&p gaining 4, nasdaq 29 points in the green this morning. coming up, what is the most expensive home in the united states? cheryl: not mine. lauren: and who bought it? the surprising answer coming up. and in sports, things got ugly for a mascot at a pro bowl practice. we're going to show you more when we return. >> i'm going to knock this mascot out. usaa has been excellent. they really appreciate the military family and it really shows. with all that usaa offers why go with anybody else? we know their rates are good, we know that they're always going to take care of us.
5:41 am
it was an instant savings and i should have changed a long time ago. it was funny because when we would call another insurance company, hey would say "oh we can't beat usaa" we're the webber family. we're the tenney's we're the hayles, and we're usaa members for life. ♪ get your usaa auto insurance quote today.
5:42 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. was all this, really necessary? what do you think? ♪ 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.
5:43 am
lauren: as the government shutdown enters its 34th day, a new fox poll pounds a rise in support for the president's border wall plan. 43% now favor the wall. that is up from 39% back in september. 51% still oppose the plan. steven nelson is a washington examiner white house reporter and he joins us now. steven, good morning to you. >> good morning. lauren: why the change of sentiment? >> well, president trump has been very direct in his messaging. he's using the you power of his office, the so-called bully pulpit to drive home his point
5:44 am
that in his opinion the wall is necessary to prevent crime and human smuggling. he's been focusing on human smuggling in the past couple weeks. the power of the office helped move the numbers, it would seem. but as you've just read, they still are the minority view in favor of the wall. lauren: and that might play out today. two dueling plans, the president's plan and the democrats' plan, go before the senate. neither one are expected to pass. how does this play out? is there another proposal that makes way here? >> well, this has really been dead locked as you mentioned for longer than a month. the state of the union fight yesterday with nancy pelosi canceling it was the latest battle. lauren: yeah, who won that fight? >> nancy pelosi controls the venue so she won it. president trump floated an alternative venue. he hasn't said what that will be. it's possible he'll try to i guess come out on top. certainly she canceled the state of the union which was pretty
5:45 am
historic. lauren: my bet is he says something at the super bowl in atlanta. i don't know. that's just my -- that's what i'm thinking. there's also a report that the white house courtesy of jared kushner is trying to go really big here with a grand deal and that might be more comprehensive immigration reform, a path to permanent residency as opposed to citizenship for the dreamers in addition to money for the wall. what do you make of that plan? >> well, that's always tricky. president trump has i'm self expressed a desire to deal with this later. if president trump were to support something in a grand deal such as residency, it won't satisfy democrats who will point out that he has already supported a pathway to citizenship for dreamers. people have talked about this. it's an interesting idea. it's certainly a plausible one. the details really remain to be seen how this will work out. lauren: you how does this end?
5:46 am
it has to end at some point because workers and everyday americans are getting caught in the middle and we heard from kevin hassette yesterday, he told cnn we might have gdp of 0% in the first quarter. the economy not growing because the shutdown isn't over. >> sure, things are beginning to get a little scary. for people who travel, 10% of tsa agents called out on sunday. people, the federal workers who aren't getting paid, they're furloughing nannies, they're not paying rent. hassette said economic growth could be 0% if it drags out the full first quarter. you wouldn't think it would happen but it's continued this long. lauren: i don't know. i don't know where we go from here. we're in unchartered territory as with most things in d.c. these days. steven, thank you for joining us. >> thank you. cheryl: well, we have got a story to tell you about futures right now. we're actually pulling back this morning. investors are going to be focused on earnings, we're going to get big names out today
5:47 am
including american, southwest, jetblue and some other big stories, we'll be following futures for you this morning. dow up 18 right now. well, despite security concerns about chinese smartphone maker huawei, there is a stunning announcement now about its growing share of the global smartphone market. and what is the most dangerous state in the country for pedestrians? believe it or not, it is not new york city. you would think it would be. but it's not. you're watching "fbn: a.m.." ♪ all around the world. ♪ people want to feel loved. ♪ all around the world. to make you everybody else... ♪ ♪ means to fight the hardest battle, which any human being can fight and never stop. does this sound dismal? it isn't. ♪ ♪ it's the most wonderful life on earth.
5:48 am
♪ ♪ it's the most wonderful life on earth. so they say that some day ai will transform the human race. well, today you're a little busy transforming your call center. dealing with millions of customers a year, like this one. no, i'm pretty sure i didn't order a squirrel playing a guitar. that's why you work with watson. it works with your systems to resolve calls faster and improve customer satisfaction. i detected fraud and helped reassign a new credit card. honey, they're overnighting us a new card. woooo!!! woooo!!! for ai that works with tools you already use, choose watson. hello! the best ai for the job. unstopand it's strengthenedting place, the by xfi pods,gateway.
5:49 am
5:50 am
5:51 am
up 18 in the premarket ahead of the numbers, s&p up 3, nasdaq up 27. huawei technologies is reporting record smartphone sales while competitors samsung andarned ofn china. huawei say they could become the world's biggest selling smartphone maker this year. the u.s. and allies are restricting market access. there are allegations huawei's products are being used for espionage by the chinese. two united airlines pilots almost sucked out of a plane. a passenger said th the airlines trying to cover it up. they said a bird cracked the glass. the lawsuit said it was a mechanical failure and the bird story was a lie. the passenger is suing for severe emotional distress as a result of his, quote, brush with
5:52 am
death. ken griffin bought the most expensive home sold in america, $238 million. the new york city penthouse has 24,000 square feet, it's under construction in a building on the south side of central park. wow. and finally this, florida has been named the deadliest state for pedestrians. nine of the 20th deadliest cities for those walking around in florida. orlando the least safe. the safest state by the way, if you care, vermont. lauren: that's interesting, because it's cold,: or new yore we're angry. cheryl: no. lauren: let's get to sports. james harden put on a clinic last night. he put up 61 points, the most he's ever scored. on top of that, this was the 21st straight game that harden had at least 30 points. he finished his performance with a steal and slam dunk to seal
5:53 am
the win. rockets beat the knicks, the mie brewers will no longer be called brewer park. miller coors is losing naming rights after the next season. american family insurance will take over in 2021 under a 15 year agreement. there's an online petition from brewers fans to keep the name, miller park. it has nearly 50,000 signatures already. if you can' beat them, hit them. that's what jamal adams thought when he saw a mascot at a pro bowl practice. he delivered a blu brutal flying tackle. looks like the rivalry runs deep. let's watch it again. cheryl: we've got a lot more coming up. we're watching the oil market for you. oil's been down three of the last four sessions. how much of this is tied to
5:54 am
what's happening in venezuela? we're going to have a trader's perspective when we come back. ♪ it's my life, now or never. ♪ i ain't going to live forever. to buy or sell? fe analytics, you'll get clear, actionable alerts about potential investment opportunities in real time. fidelity. open an account today.
5:56 am
5:57 am
scott shelldy joins us now. could the unrest in venezuela cause a spike in oil prices because of a supply shortage? >> it could. so far, it's been a nothing burger. the markets are taking it very well. i think for once, for the first time in a long time, maybe, thee market's taking a longer term you view. if the output levels of venezuela go back to the pre-chavez years. the market might be thinking if things get better there, that might mean more oil in the market. cheryl: the contract has been down three of the last four sessions. a lot of that seems to be the talk of a slowdown in china, the slowdown in europe, the imf forecast, that global story. is that more of the impact of what we're seeing right now in the contract? oil wasp up a little bit ago. now it's actually negative by two cents.
5:58 am
>> i think of all the things you would take on a daily basis, the most important thing would be you would be trading more off of global growth than you might see a leadership challenge in venezuela. imf down grades, maybe a slow down in the us and slowdown in asia, m that might cause folks o worry about how much demand we need. at the end of the day, the imf and downgrades and what we've seen in asia will play more into a trader's point of view in the short-term rather than a leadership challenge in venezuela in the long term. lauren: traders are considering the government shutdown in the 34th day here in the us. come on, what's going on with china, with the trade negotiations, but yet earnings for american companies are relatively strong thus far. does that give them optimism? >> is does give them optimism. i'm an optimistic person. it's early in the morning in chicago and i'm still smiling. look at what we've got as far as gdp. look as what we've got as far as unemployment rate. look at what we've got as far as
5:59 am
really no to low inflation. still, we're doing very well. when the earnings come out as they do, it's really hard to talk about like the things we were talking about the last half of november and all of december last year, about the big r word, recession, right? so i just think it's going to be very difficult for the u.s. to slip that way with the numbers that we're getting with earnings. so it's important to keep an eye on the big stuff which is really still pretty good. cheryl: thank you, scott. good to see you. >> all right. see you. lauren: "mornings with maria" starts 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 thursday morning from switzerland. good morning everyone. thanks for joining us. i'm maria bartiromo. it is thursday, january 24th. your top stories right now. markets are edging higher this morning. investors watching for the first
6:00 am
european central bank meeting of the year. we will see more headlines coming out of europe this morning. earnings are also driving the action, companies reporting today their fourth quarter, jetblue, southwest airlines, bristol-meyers. the state of the union on hold, president trump is delaying his address until after the government reopens. what that means for the shutdown showdown, now entering day 34. carlos ghosn resigned from renault. the board of the french automaker meeting today to replace him. we'll have the latest. moments ago i sat down with ibm's ceo ginni rometty and asked about ibm's growth and earnings last night. >> after the full year -- for the full year we returned to growth, improved our operating margins and our
195 Views
IN COLLECTIONS
FOX BusinessUploaded by TV Archive on
![](http://athena.archive.org/0.gif?kind=track_js&track_js_case=control&cache_bust=1701717932)