the u.s. economy is in a good place and we will continue to use our monetary policy tools to help keep it there. come mop sense, risk management -- common sense, risk management suggests patiently awaiting clarity. lauren: stocks rallilying yesterday, the dow soaring above 25,000 for the first time this year after jay powell says no more interest rate hikes for now. a big day on the street and wall street expecting the good news to keep on coming today when amazon reports earnings after the close. investors hoping for good news from general electric. lauren: it's not good news for tens of millions of americans bracing for the deadly arctic

blast. businesses are closed, flights are grounded and your beer. let's get a look at how your money's doing this morning. the dow is down 16, the s&p 500 up marginally, the nasdaq up 17. lauren: let's flip it to europe, see how stocks are trading across the board. they're in the green. stocks in asia, meanwhile, they are looking higher as well except for the kospi. "fbn: a.m." starts right now. lauren: it is 5:01 a.m. in new york. it is thursday, january 31st. good morning. thank you for starting your day with us. i'm lauren simonetti. gerri: i'm gerri willis in for cheryl casone. lauren: we had a stock market rally yesterday. we'll get more earnings this

morning, including du dupont and general election. the latest numbers from amp son come after the close -- amazon after the close. starting today, reportedly the company will stop paying dispatch fees to some of its biggest delivery companies, possibly eliminating jobs in the process. amazon is not commenting on this story but we are and we bring in ian wishinggrad to discuss. ian, good morning. where does amazon stand on its own delivery ambitions. >> amazon tries to do everything themselves, literally tries to in-house everything they can. the biggest competition is going to be the government, honestly. there's no one else out there that could stand a chance. most people are bracing for the impact of what they can do. so it's just a matter of someone who is going to bust up a monday p on mri at some point. lauren: -- monopoly at some point. lauren: what do you expect from

the earnings report tonight? >> considering they basically dominate all e-commerce and the economy, people felt confident in q4 so i expect it to do quite well. lauren: so this is a stock we continue to buy? >> some people have it marked at around 2,000. they're set up to do well in the future. i think they have larger concerns, regarding the government. lauren: regulatory concerns affecting companies like facebook, ian. this was a big store youly yesterday. it's -- story yesterday. record profit, about $1 billion more than any previous quarter. revenue stronger than expected. even the key advertiser business. that's doing well, despite all the scrutiny and the privacy concerns facing the company. what do you make of it? >> here's what goes on with facebook. they make all their money from advertising revenue. there's nowhere else to put your dollars. most of the big advertisers are on google and spend their money on google. amazon is coming in as a direct

player. a place to get performance marketing on the internet, there's nowhere else to go. it's not like they want to be there. the reputation is bad, the brand is dented. in terms of the social network side of it, instagram is on fire. snapchat is withered. where else do you share news and talk to your friends and connect? they made themselves part of the internet and wove themselves in there's no other competitor. lauren: facebook is like a utility in your view. they actually grew their user base by 9%, monthly active users, 2.32 billion. isn't that unbelievable? >> not really. people say how lonely they are. this is a way for people to stay connected. i'm not saying it's a great use of time and doesn't have a ton of negative side effects of living through this image-driven lifestyle. if you saw these funny documentaries about the fyre

festival, showed the power of social media and how it can create value and rukus. the real tech story is the war between apple and facebook. apple got hit recently the other day. they had a glitch with facetime. tim cook's been bashing facebook as a privacy issue. now they set off a facebook app that's setting the company afire. this is a little silicon valley war between them. they're frieneies at the end of the day. lauren: we want to remind everyone to watch "mornings with maria" for dow duponts numbers along with ge and charter communications. gerri: the federal reserve left rates unchanged. we get more on the fed's statement and what it sees ahead for the economy from our own ed lawrence. >> reporter: good morning. there is no rate hike this time. that means the federal funds rate will remain between 2 1/4

and 1 2 1/2%. they removed the language that said they would judge further gradual rate hikes as appropriate. that was removed from this. what was added, very interesting language, saying in light of the global economic and financial developments and muted inflation pressures, the committee will be patient as it considers what future adjustments may be appropriate to support these outcomes. patience was the name of the game from the federal reserve. the fed offered new guidance related to the balance sheet, saying it would use the federal funds rate to handle any problems or adjustments that need to be made but second, they're willing to accept a larger balance sheet going forward, something that they will adjust based on the data. i'm told from the federal reserve chairman in the news conference that he said that this pause was directly due to, one, the shutdown, but also other factors. just listen. >> the narrative of slowing

global growth continues, if you will. the incoming data have shown more of that. we've seen that both in china and western europe and so that's an important -- that has important implications for us. that story has -- let's just say it continues. >> reporter: the federal reserve made the decisions without key economic data because of the government shutdown. they didn't see the first look at the gdp for the fourth quarter. they didn't see retail sales numbers. but again, the federal reserve believing that right now patience is the name of the game. back to you. gerri: the u.s. and china set to hold a second day of high level trade talks today. trade sources tell fox business the talks b went longer than they were supposed to yesterday and president trump is joining in, expecting to meet with china's top trade envoy. u.s. tariffs are hurting china's economy but trump is under pressure to make a deal with u.s. companies affected by the tariffs in the chinese market. trump threatened to raise tariffs on chinese goods to 25%

from 10% on march 2nd if a trade deal can't be reached. lauren: we're about a month away now. well, bipartisan committee of house and senate lawmakers met for the first time yesterday to discuss negotiating a deal for border security but they were sharply divided over new physical barriers. democrats dismissing president trump's call for a border wall while republicans saying a barrier is needed in some places at the border. so they have until february 15th to reach a deal to avoid another government shutdown which nobody wants but we might get because that meeting yesterday to negotiate really came up with no negotiating. imagine how that happens. gerri: i don't know. good question, lauren. vice president pence p going to my am he my tomorrow to meet with people who have fled venezuela. the white house says president trump spoke yesterday with venezuelan opposition leader juan guaido to congratulate him on his historic assumption of the presidency.

he penned a new york times op ed saying quote, to end the maduro regime with a minimum of bloodshed we need the support of pro democratic governments, institutions and individuals world over. lauren: much of the country is dealing with brutal weather and bone-chilling temperatures. you might have noticed. gerri: tracee carrasco joins us now with more on that. tracee: the effects of this frigid weather are widespread. milwaukee was so cold yesterday that beer couldn't be delivered. beer distributors didn't want their drivers out and in extreme cold beer cans and bottles can explode. in chicago, airlines canceled more than 1600 flights at o'hare and mid-way airports. airport workers were not allowed to be outside for more than 10 minutes. there were issues refueling planes. gm has suspended vehicle production at several michigan plants after a request from consumers energy, the gas and electric utility dealing with

high energy demand during the coldest weather mid-michigan has seen in 25 years. lauren: ouch. so staying inside could actually make a lot of people lonely. there's now a cure for that? tracee: especially in the winter. financial stress, living alone, unhappy family life and lack of bonds are among the leading causes of loneliness. u.s. scientists at the university of chicago school of medicine is he researching a pill she hopes will prevent at risk individuals from experiencing chronic loneliness, which she believes is an epidemic, widespread and contagious. it's meant to be used as a life-saving quick fix, not a long-term solution, like an antidepressant. gerri: tray you sigh, thank you for that -- tracee, thank you for that. lauren: record-breaking cold is being blamed for at least eight deaths.

the weather is life-threatening. we're seeing temp well below zero. the historic arctic blast closing schools and businesses, grounding thousands of flights as tracee carrasco just told us. gerri: you can get frostbite in five minutes. doesn't take long at all. ray bogen live in minneapolis where it feels as cold as 65 below zero. ray. >> reporter: yeah, it's very cold today. it was supposed to be a little bit warmer than it was yesterday but i can confirm through my toes and my fingers that it's definitely not. we're at the minneapolis airport right now. they've actually had relatively few cancellations and delays. this city has been lucky in that way. but around the country, there have been thousand as you mentioned. according to flight aware, the worst of those have come from chicago and midway and o'hare airports. here's a funny picture for you of pants standing up frozen in minnesota. there was actually a very serious situation here yesterday

when excel energy put out a request to customers in some of the areas they cover to keep their thermostats at 60 degrees or lower because they were having a gas shortage. they were also asks customers to not use any other gas powered appliances. they were trying to avert any kind of major problem and residents in the midwest are just really feeling the pain. >> it's hard to take a breath in. it's affecting my lungs a little bit. >> it's brutal. it's the coldest i've ever been. >> reporter: check out some of these record lows. chicago was at negative 23 degrees yesterday. that's the lowest since 1985. minneapolis was at negative 28, that's the lowest since 1996. des moines, iowa actually hit a new daily record of 20 degrees below year in h zero.

here's video of lak lake genevan wisconsin. you can see it's frozen there. this is the classic experiment. you put boiling water into a cut and throw it in the air and instantly turns to he snow or vapor. if you stand outside for a while you get icy kells that form along -- ic icicles that form ag your hat. if you tear up at all, your tears can freeze right along your eyes. it is tough. back to you. lauren: we want you to get warm, so get back in that live truck. ray, thank you very much. >> reporter: thank you. lauren: unbelievable. gerri: it is unbelievable. let's take a look at u.s. futures. after yesterday's rally, we're all in the green for the s&p and the nasdaq. the dow down 22. yesterday's rally not changing the tune of former starbucks ceo and 2020 independent hopeful, howard schultz who continues to

blast president trump's booming economy. >> i do not give him credit for saying for two years that the stock market is a proxy for the economy. he'll fall on his sword for that because that economy is not going to last. gerri: or is it? the fed seems to think so. we're breaking it all down, next. alerts -- wouldn't you like one from the market 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. fidelity. (clock ticking) (bell ringing) it's time. time for a new kind of cloud. the ibm cloud. the cloud that proactively protects your business from threats, instead of just reacting to them. that lets you modernize and move more of your apps without re-writing. that unlocks insights from all your data and puts it to work with ai. get a faster, more secure journey to the cloud. the ibm cloud. the cloud for smarter business. ♪ ♪

gerri: what a rally it was yesterday after the federal reserve signaled no more interest rate hikes are coming for now. federal reserve chairman you jay

powell saying the fed will be patient. daniel marty march know, a formr dallas fed advisor joins us now. great to see you. this was music to the stock market's ear. we went up 500 points on the dow, it came back down but it was important to see the kind of confidence that inspired. do you believe the fed is bowing to the president's criticism? >> i don't believe that jay powell thinks that he is bowing to president trump but i certainly think that optically the markets believe it to be the case and i think that's more important in the current very charged environment, is what markets perceive, what markets believe. gerri: traders on the floor of the exchange told me yesterday the important thing for them, not necessarily what he said about rates, although they liked it, but it was the balance sheet. explain to our viewers in simple terms what this means and how important it is that the federal reserve chairman said hey, we're

thinking about this, we're having a conversation about this, we could change our policy. >> so making the sausage of money tri policy is -- monetary policy is a process. after yesterday, the market priced down to you south of 10%. any rate hikes for this year. to the traders on the floor, yesterday, that means the market has moved on now that the fed has said we're removing beyond rate hikes and we're looking to the next stage of easing which is looking at stopping quantitative tightening. that's what got the markets so excited. you don't as talk about the bae sheet unless rate hikes are off the table. that's why the markets priced out the probability of a rate hike in 2019, down to less than 10% and that's why they're moving on to what is the fed going to do for us next. as your correspondent in washington, d.c. brought up a

few minutes ago, they're also now putting on the table the potential for the fed to ease. i think what got markets excited overnight in asia and europe was really the prospect that jay powell put out there in his press conference that he would actually now consider increasing the balance sheet size if need be. gerri: it was a very big deal for traders, i have to tell you that. i also want to ask about something that people haven't focused on that jay powell had to say yesterday about the economy. he said tariffs have had no material effect on gdp. is that important? what did you make of that? >> you know, i think it's important but i also think it's curious because so many of the regional federal reserve manufacturing surveys obviously he has privy to them, so many of them have said that the supply chain disruptions that have been caused by companies buying in advance of potentially rising tariffs have indeed been highly disruptive and inflationary. we see industrial type companies report their earnings and

complain about the fact that their costs have risen. i'm not sure where powell is coming from with that. gerri: it was an interesting comment. we'll have to watch and see. thanks for coming on. lauren: still ahead, tesla's ceo elon musk says yeah, the company's good to go. they have the cash to pay down that massive debt payment that is due. but is that enough to ease investor concerns over tesla's cash flow? the stock is down this morning. plus, the feud reaches a new level, senator chuck schumer now demanding an intervention with president donald trump. the latest power play in their political tug of war. we'll be right back. ♪ we're living on the edge. ♪ living on the edge. ♪

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gerri: welcome back. let's get you caught up on what's happening now. checking u.s. futures, taking a look at those, the dow down 19, the s&p 500 up 1, the nasdaq up 18. mike pompeo says president trump will make a major military announcement at his state of the union speech next tuesday. he says trump will share details about the islamic state and planned withdrawal of u.s. troops from syria. senate minority leader chuck schumer says president trump needs a, quote, intervention from u.s. intelligence officials. he was responding to the president rattling off a series of tweets yesterday saying national intelligence director dan coats, the fbi and cia were wrong in their assessments of threats around the world. the fbi says that an apple engineer stole documents from the company related to autonomous vehicles. that engineer also allegedly sought employment from a china

based competitor. he was charged in san jose with stealing trade secrets. finally, talk about a buzz kill, researchers say that binge drinking may actually alter your dna. the new study says that heavy drinking can disrupt the effectiveness of two genes, one that controls the body's biological clock and the other that deals with stress. the researchers think these mutations might explain why alcohol is such a powerful addiction. that's what's happening now. lauren: estes la's reporting -- tesla is reporting their second quarterly profit. shares of tesla falling about 5% in extended trading. let's bring in nathan bamy to talk about this. i'm curious why shares of tesla are down about 5% when they were reporting profit and say they can tip that streak. >> well, it's always hard to

know for sure. at the end of the conference call last night they made a big surprise by announcing that the cfo was retiring for a second time. he had come back to the company at one point to help elon musk straighten things out. well, he's gone again. and i think that that surprised investors who want to see stability at this company. lauren: let's talk more about the profitability for a second, nathan. they reported profit for every quarter in 2019, that's the goal. you talked about the executive leaving. we know about 7% of its workforce getting let go. that comes with an upfront cost. and they want to sell the model 3 for $35,000, cheaper for what it sells for now. that would cut into profitable. >> this is a company that has been burning through cash at an incredible rate. they started to stabilize things, two straight profits are significant. but with the need to get the price of the model 3 down to the

$35,000 mark that they've always promised, they need to actually cut the costs pretty considerable hconsidery.that's . that's why they're slashing the jobs. they have to manage that carefully while also expanding. they have to expand production in china and at some point soon they'll start making the next vehicle and they're saying that may happen at the battery factory in nevada. lauren: is that the model y crossover or is that something else? >> yes, that's the next crossover, the next vehicle we should expect from tesla, based on the same platform as the model 3 car that they're making right now. that should help with the cost so they don't have to reinvent the wheel and they can bet on the engineering they've already done. tesla says they learned from the model 3 and they'll incorporate those learnings in the manufacturing of the model y. lauren: and as we wrap this up, nathan, let's talk about the cash situation at tesla. they ended the quarter with $3.7 billion cash.

as charlie gasperino reported, tesla has enough cash to pay down r their debt and make that $920 million debt payment that is due but are you concerned that they'll have enough cash to fund their future growth and are investors concerned about that? >> it's good that they have enough money to make this payment in a few weeks because that was significant. a few months ago it was a little bit unclear. but going forward, they really can't miss a step because they have every quarter they're spending so much money that they have to keep sales rising, they're saying sales could go up by 50% this year. if that happens, we'll probably see the kind of cash flow they need to pay the bills but they really can't miss a beat. lauren: all right. and that's a big jul jump of der youlies, 50%. thank you for joining us. gerri: coming up, round two for the crucial u.s./china trade talks today. will an appearance by president trump get the ball rolling for a deal to get done? and one burger joint asking,

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lauren: crucial trade negotiations underway in washington. the u.s. and china holding a second day of high level talks. president trump is expected to meet with china's top envoy today. gordon chang is the author of the coming collapse of china and he joins us now. gordon, this adds emphasis that the president will sit down and join in with these talks today. >> yes, and that's probably a

good sign. and the fact that they went longer than they had expected probably meant that they were trying to sort of capture the momentum and take advantage of it. but we really don't know, lauren, and only after these talks are concluded will we have a sense of really where they are. lauren: we're asking them to basically down-size their economic aspirations and i'm wondering, a, well, if they think that's fair. i think the answer though is no. but are we just too far apart on where we want these trade negotiations to go and where they're willing to take them to actually get some sort of deal or consensus? >> on the structural issues we are very far apart. they have shown that they are not willing to do what we want and what the rest of the international community wants. so that is i think the critical issue, especially because i.p. theft. but there are all these reports that they will agree to buy more goods but an agreement of that

sort, lauren, will never survive a world trade oranization challenge on nondiscrimination grounds and with the failing chinese economy, and it doesn't look very good right now, i don't know if they have the capability to buy more u.s. goods. so there's so many objections to what they're doing right now. but at least they think that they're moving in sort of a positive direction. lauren: the white house is trying to separate or some officials in the white house are trying to separate the huawei criminal charges, the i.p. theft from these trade talks. i'm wondering, gordon, if you can actually separate the two issues. >> well, probably not in the chinese mind. i think that essentially they do see these as connected. i actually think in one sense they're right because both these trade talks and huawei are all about chinese i.p. theft. one of those indictments, the one that was filed in the state of washington, relates to the alleged theft of i.p. from

t-mobile and huawei was built on stolen u.s. i.p. from cisco and it's continued to do that since it was founded in 1987. it didn't become the world's biggest manufacturer of telecom equipment manufacturing on its own. it did it because of criminality and so we're at a point right now where i think that we have no choice but to go after them, even if that does undercut trade talks. lauren: that's the culture of china, gordon, to build companies by copying and stealing and then as we saw with those criminal charges, rewarding employees, paying out bonuses for them to do just that. so we'ring asking for a major cultural shift right now and while it should happen, we have to see if it done. r gordon chang, thank you for your perspective. >> thanks, lauren. gerri: potential presidential candidate and former starbucks ceo, howard schultz, isn't giving president trump credit for the united states' economic success. he was on the daily briefing

with dana perino just last night. >> i would not give him credit for that because i think the reduction in the corporate tax rate of 21% was wrong and irrational. he missed a massive opportunity for comprehensive tax reform. i do not give him credit for saying for two years that the stock market is a proxy for the economy. he is going to fall on his sword for that because that economy is not going to last. gerri: all right. schultz who says he would run as an independent also slamming democrats for proposing made care for all. he was asked about camill camila rise's plan to -- kamala harris' plan to eliminate private insurance. >> to come out with a suggestion that we're going to eliminate, eradicate the insurance industry, it's such a -- it's so false and it speaks to the level of politics that we now have now, just going to yell something out, tweet it, and all of a sudden that's going to be your poe. gerri: schultz has received backlash from democrats who think he will ensure president

trump's re-election just by entering the race. lauren: but he's researched this for months. he has a lot of money. he thinks he can also get republicans' votes here. at the end of the interview he says since i've been at starbucks since '92, the stock is up 23,000%. it's kind of like take that. i showed you what i can do. gerri: starbucks is training bay ristrainingbaristas not to . tracee carrasco joins us now. good morning, tracee. tracee: on monday, he kevin johnson of starbucks wrote a memo writing many of us will be asked if the company supports a possible presidential candidacy of howard and what changes for starbucks. as a company we don't get involved in national political campaigns and nothing changes for starbucks. starbucks issued a need to know update in its weekly member he mow, advising employees what to do if a customer begins to

provoke a political argument and as for what baristas are instructed to say about schultz's possible political few churks howard's future plants are up to him, that's what they want him to say. lauren: in the meantime, enjoy strong coffee. we have burger threw' news as w. tracee: a pop-up burger shop in australia is being criticized for its name and new petrone burger, including a line of white powder garlic flour on top of the bun to look like cocaine with a rolled up fake money on top. its has been called insensitive. they say they don't condone he's escobar for his actions but, quote, we are australian. lauren: we have to check in and

get sales on those burgers. let's take a look at how futures are faring this morning. we closed above 25,000 for the first time this year yesterday. let's see if we can stay there tore dtheretoday. firefighters battle a raging fire in subzero temps overnight, what fueled those massive flames, destroying a historic landmark. who is the most popular supreme court justice? we have the results from the latest fox news poll. i don't think if you think you know the answer. i got it right. ♪ you will remember me. ♪ remember me for centuries. ♪ just one mistake is all it -- we're finally going on the trip i've been promising. because with expedia, i saved when i added a hotel to our flight.

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lauren: let's get you caught up on what's happening you now. it's the final day of the month of january. futures are mixed, dow is down 7 after a monster rally of 435 points yesterday. nasdaq futures up 24 points this morning. president trump will be nominating three men to fill vacancies on the ninth u.s. circuit court of appeals. they are nominated to the court, considered the most liberal in the u.s. meanwhile, according to a new fox news poll, ruth bader ginsburg is the most popular supreme court justice, 18% of people said the 85-year-old is their favorite. democratic congresswoman

alexandria ocasio-cortez and democratic senator ed markey will reportedly be laying out a green new deal as early as next week. the green new deal will contain a set of broad progressive policy deals seeking to transform the economy to help fight climate change. aoc made the issue one of her core points. a federal judge ruled pg & e violated probation after one of their gas lines exploded. the judge questioned the company's honesty and commitment to safety. the judge said they failed to tell officers about a legal settlement about a wildfire in california. pg & e filed for bankruptcy on tuesday. an historic new jersey paper plant destroyed in a massive fire. the 86-year-old markel paper plant burning down yesterday,

the large red sign collapsing because the cold weather made extinguishing the fire pretty darn difficult and those temperatures stemming from a polar vortex yesterday as snow piled up in the midwest. check out this time lapse taken in michigan. 15 inches of snow falling in 13 seconds. 13 seconds. and more than a foot of snow, gerri. gerri: how is that possible. janice dean is here with your forecast. good morning, janice. >> good morning, ladies. the snow is of course the story but the extreme cold, record-setting cold will be remembered for years, if not decades. look at the wind chills. that's what it feels like if you're outside which you should not be if you live across the northern plains and the upper midwest with wind chills of minus 40 degrees in green bay, minus 40 is what it feels like in chicago, minus 10 in kansas city and the cold air has moved across the great lakes, into the northeast. it feels like minus 16 in new

york. current conditions, here are your air temperatures and the wind chills. so in green bay, minus 19, feels like minus 40. minus 23 in minneapolis, feels like minus 37. you get the picture. the good news is, this will be the last day of the very cold air. wind chill advisories in place for millions of folks where we could feel those wind chills of minus 30 to minus 65. as we get into the weekend, things will start to improve. you can see that cold air starting to retreat into my homeland of canada, where it belongs. i'm allowed to say that. back to you. lauren: the end is near. thank you so much. gerri: we'll be dealing with way above average temperatures for shy cay he grow and minneapolis -- chicago and minneapolis into the 50s for the weekend. lauren: bikini weather. gerri: roger goodell breaks his silence about the noncall against the saints. >> we understand the frustration of the fans but we also know our

officials are human. gerri: why the commissioner says there's no easy fix. plus, cheryl casone has looked at how atlanta is getting ready for the super bowl. you're watching "fbn: a.m.." ♪ you want to be bad. ♪ just beat it, beat it, beat it. ♪ no one wants to be defeated. ♪ it's doesn't matter who's wrong or right. i am not for colds. i am not for just treating my symptoms... (ah-choo) i am for shortening colds when i'm sick. with zicam. zicam is completely different. unlike most other cold medicines... ...zicam is clinically proven to shorten colds. i am a zifan for zicam. oral or nasal. (clock ticking) (bell ringing) it's time.

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gerri: finally heard from nfl commissioner roger good l del rl speaking publicly for the first time about the blatant noncall in the nfc championship. he admits it was a blown call and understands the frustration. he doesn't think the solution,

though, is more technology. >> whenever an officiating is part of any kind of discussion post-game, it's never a good outcome for us. technology is not going to solve all those issues. gerri: goodell adding the game is not officiating by rebots and it's not going -- robots and it's not going to be. lauren: the t minus three days until super bowl liii. cheryl casone is there with this look at all the work it takes to get atlanta ready for the big game. cheryl: atlanta's leaders taking a trip to work as they prepare to put on their second every super bowl. the stage is atlanta's newly minted mercedes-benz stadium, built just two years ago. the high tech venue has fiber optic wiring, allowing fans to live stream the game on their social media. plus, an 8 panel retractable roof. one traditional aspect of the experience, cheap food.

amb group president steve cannon says fans won't be paying premium price force burgers and beer. >> when the super bowl comes to town, we're going to have the exact same pricing which will be a surprise and delight for so many of our out-of-town guests who will be expecting a $15 beer and they'll pay $5 at mercedes-benz stadium. cheryl: jermaine dupree is in charge of the music. will there be more boston fans or l.a. fans in the audience? >> you have to try to figure out. cheryl: the mayor says heartsfield jackson airport is ready, especially the day after. >> it's called mass exodus monday so people can party all night long and just party their way onthe tsa security lines. cheryl: atlanta's supports spos council president says atlanta companies like coca-cola, at&t and ups stepped up. >> they were supportive to the tune of about 40% of our budget, which is a big number.

cheryl: if any city can handle the biggest event in american sports, it's atlanta. lauren: cheryl will be live frofrom atlanta for all of your super bowl coverage. she'll be reporting throughout the day. gerri: so exciting. coming up, will howard schultz kill democrats' caffeine buzz if he throws his hat into the ring for president? we'll explore that after a short break. ♪ alerts -- wouldn't you like one from the market 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.

gerri: former starbucks ceo howard schultz weighing a run for president but as an independent. he was on the daily briefing, explaining why he would not run as a democrat. >> if i ran as a democrat, which i would not do, i would have to be disingenuous, given the platform that they are moving towards which is a level of government takeover of healthcare, government takeover of free college for everyone, a job for everyone, which tallies about $40 trillion on a basis of a $21.5 trillion level of debt. it's not realistic. gerri: let's bring in todd horowitz. i think it's fascinating that he does the math on this and it's convincing. what do you make of these

numbers, $40 trillion for the dems proposals? >> listen, starbucks for everyone. i think he's right. he's really a -- he's a fiscally conservative guy who has left social issues. he's really a libertarian. i don't think he wants to be associated with the left. i think the left is losing a lot of its luster. the farther left they go, the more trouble it is. i think he realizes that he would not be able to be elected as a left. i don't think he can be elected as an independent either. i think he throws the election to trump if he runs. i think his ideas are perfect. i think you want somebody who is more in the center. he's got libertarian views, socially liberal and fiscally conservative, i think that's the way it should be. lauren: before i ask about amazon, todd. do you think schultz actually runs, yes or no? >> i think he actually runs, yes. i think he is frustrated with how far left the left has gone. lauren: a lot of people are. amazon reports earnings after

the closing bell today. is this a one click buy for you, this stock? how do you feel at these levels? >> i'm not real comfortable at these levels. amazon's a great company. they do a great job. i think they'll beat earnings. i think the stock will probably rallily. i think the markets have reached a level, i would expect to see selling pressure before we see the next wave of buying. i would be more looking to sell a rally than buy down here. gerri: we're supposed to get surprisingly good news from ge today. could that spark another rally? >> no. [ laughter ] >> ge is a penny stock. let's forget about ge. until they redo everything and revamp it which i don't think they can, i think they're too far gone. they're just a trading stock. i don't think any investor should own ge. i think only speculators and people that want to try to play the market for a short term. gerri: so much for ge retirees. >> unfortunately, yes. lauren: talk about the job market you now, todd.

does labor -- did it withstand this government you shutdown p? what was ar are you expecting tr tomorrow? >> i think the numbers will be fine. they'll be good as usual. we're on the right path. you can see there's a lot of work out there. people can get jobs. people can move from job to job. there may be a slight slowdown in the number. i don't think the government shutdown will have a great effect. i look for positive numbers and i look for the growth to continue. i just think the markets are a little frothy. gerri: thank you, todd, for being on. great to see you. >> thank you so much. cheryl: "mornings with maria" starts right now. maria: good morning, ladies. good morning everyone. thanks for joining us. i'm maria bartiromo. it is thursday, january 31st. your top stories right now just before 6:00 a.m. on the east coast. busy morning on earnings this morning we will hear from ups, general electric, both ahead of the open this morning. big technology still in focus. facebook reporting last night after the close, big quarter for facebook, amazon will be the one to watch today after the close

tonight. meanwhile, the arctic blast turns deadly. temperatures across the midwest falling to their lowest levels in decades. we will take you to the minneapolis region this morning where the negative 24 degrees is having a real impact. the push to tax the wealthy, jp morgan's ceo jamie dimon saying the richest americans can afford to pay higher taxes but there's a catch. then roger goodell breaking his silence, what he said about the infamous no call during the nfc championship game coming up later this hour. "mornings with maria" begins right now. ♪ ♪ ♪ maria we kick it off with

markets this morning, futures showing mixed open this morning after a slow day yesterday, s&p and nasdaq up fractionally right now after solid day of trading that both stocks surge yesterday after federal reserve chairman jay powell signaled that central bank may pause interest rates for now. fed on pause. facebook meanwhile reporting fourth quarter earnings, look at the market yesterday, up 434 points at the close, it was a big day. that was off of the highs to have day on fed meeting. beat expectations posting a record profit which has been difficult year for social media company. take a look at facebook, up 11 and a third percent. reporting after the bell tonight, take a look at all the names that we are expecting today in what is the busiest week for the fourth quarter. the founder of