tv FBN AM FOX Business March 29, 2019 5:00am-6:00am EDT
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is an out-of-control border and out-of-control department of homeland security and we will be joined by pastor robert robert jeffress among our guest tomorrow. we hope you'll join us. thanks for being with lauren: here are your market movers at 5:00 a.m. president trump hitting the stumping grounds, the president strike out against democrats and he took a victory lap over the mueller outcome at a rally in michigan last night. his harsh words for critics in a bit. the fight against obamacare, the trump administration ramping up efforts to get rid of replace a the system and hitting a roadblock in federal court. we'll have the late e. lyft is going public today, we have everythin you'll need to ke ride market company's offering. the fed is going after a social media giant with claims of discrimination against certain real estate customers. google and twitter being brought
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into the fray. we'll take a look at the legal battle ahead for social media. it is friday. you made it. it is march 29th. "fbn: a.m." starts right now. ashley: tgif, let's take a look at how your money is moving at 5:00 a.m. on this friday. u.s. stock market moving slightly higher, the dow up 30 points at this hour, s&p and nasdaq also just slightly higher. meanwhile, let's take a look at what's going on in europe. brexit front and center in parliament. so what's new. the ftse up 30 points, the cac and ta dax up by about a third a percent. in asia, green across the board, nikkei, hang seng, shanghai and kospi all pointing higher. lauren: it's march 29th. this was the original day that great britain was set to leave the european union.
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ashley: it's not going to happen. lauren: welcome, everybody, to "fbn: a.m.." i'm lauren simonetti. ashley: i'm ashley webster. lauren: president trump taking a victory lap at his first rally since the mueller probe concluded. the president on the road in grand rapids, michigan, doing what he does best. that's rallying his base. >> after three years of lies a and smears and slander, the russia hoax is finally dead. the collusion delusion is over. robert mueller was a god to the democrats, was a god to them, until he said there was no collusion. they don't like him so much right now. ashley: the evening was something of a home-coming. presidentrumpbecame the first ro
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win election in two decades. he wasted no time touting the economy and tearing into democrats. we'll have more in a short while. lauren: in the midterms, michigan got a democratic governor. president trump attacking obamacare again. ashley: we get the latest from edward lawrence. >> reporter: good morning, lauren and ashley. president trump surprising some in his administration, starting a fresh push to repeal obamacare. the department of justice filed a letter with the u.s. court of appeals saying the administration agrees with a ruling by a federal judge in texas that the healthcare law is unconstitutional. the new york times says mike pence told the president he's concerned about the risk of winning the case without a clear plan to handle the sudden uninsured. before leaving for michigan, the president not backing down. >> the cost of obamacare to people is far too much. the deductibility is ridiculous, it averages more than $7,000, meaning it's unusable. so obamacare has been a
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disaster. we will take care of pre-existing conditions better than they're taken care of now. i already got rid of the individual mandate. >> reporter: kevin mccarthy backing the president. a different story with nancy pelosi. she said democrats will fight to keep obamacare alive. >> we'll fight it in congress. we'll fight it in court, and in the court of public opinion. >> reporter: the reason this push now, the president had a deadline. the administration's deadline, monday, to send the letter, signing on in support of the judge's ruling. democrats are making healthcare a campaign issue going into the 2020 2020 elections. back to you. ashley: egyptian mediators working to broker a cease fire. hamas plans to hold a mass demonstration across the israeli border and israel moving addition troops to the area. lauren: we have the latest from gaza city.
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>> reporter: good morning. right now we are getting word that there are negotiations underway in gaza city with the top leader of hamas in gaza. he is meeting with egyptian negotiators, who are trying to hammer out the details of a potential cease fire agreement. there is concern that in the next 24 hours if they're not able to find new common ground between the two sides that tomorrow could be one of the bloodiest days between the two sides. we are learning more information about what the i israeli militay is doing for a potential ground invasion. they are staging tanks and armored vehicles along the border. we have seen this over the last few days in preparation for major demonstrations expected on saturday. we visited the site of an israeli air site in gaza yesterday to look at some of the destruction. the twisted metal and debris is what's left of a building, the israelis claim hamas used it.
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it was r targeted on monday after a rocket was fired from gaza into central israel. saturday is the one year anniversary of palestinian protests on what they call the israeli blockade on the gaza strip. they say that if things do not go well on saturday, our sources in gaza have indicated this could escalate to a much larger conflict and the israeli military is prepared for that possibility. a ashley, lauren. lauren: thank you very much. ashley: let's take a look at some of the other headlines this morning. the family of a man killed in the ethiopian airlines crash has filed a lawsuit against boeing. the suit accuses the company of designing a defective flight control system for the 737 max 8 and of failing to warn of a defect. the lawsuit accuses the faa of negligence in certifying the plane. the aircraft are currently grounded worl worldwide. boeing says it's going to
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overhaul the system. a round of layoffs for jp morgan chase. the bank is he letting hundreds of workers go in the asset and wealth management division, the majority of the cuts are in supporting rolls. kno.johnson & johnson bowing to plight l calpolitical pressure,o start airing a u.s. television commercial for a drug that discloses how much it costs. it will show a list price of $448 a month. it also reveals the potential out-of-pocket costs. the move comes as president trump pressures drug companies to lower prices. verizon taking new steps to stop annoying spam calls. yea! they're now offering a free version of a call filter, a service that blocks robocalls and spam. it currently offers that service for $3 a month. the paid version offers more features over the free version.
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>.lauren: i'd pay it. i get nervous when the call it from my area code. ashley: that's what they do lo thi.lauren: lyft's ipo, pricedt $72 a share last night. had that was the high end of the range. lyft's market value stands at about 24 -- almost $25 billion. ashley: the shares will start trading this morning with nasdaq under the ticker symbol lyft. ian wishinggrad joins us now. this company doubled revenues last year. market share went up 17% from 2016 through last year. but they also lost $911 million last year. is this a good investment? >> [ laughter ] lauren: you got him. >> yes, i mean, what happened is both these companies, there's been a lot of interesting articles written on behind the scenes, how uber wanted to stop
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allowing lyft to raise money. it's about getting scale. scale gives you the advantage in the long run. get the users, we'll make the money later. what most are presuming is even though lyft is smaller than uber, they both have markets where they're strong and they're both growing. as ride sharing as a trend continues to grow, both stocks will be good to have. 2019 was a lame year for technology. people want to get back in, that has real growth potential, unlike other sectors will never have the tech explosion potential. lauren: this is a big ipo of the year. i remember back in the early days when uber and lyft were really competing. and everything that lyft did, uber would try to one up them. now when you look at lyft coming to market and uber eventually, lyft's doing it first. what does that mean? >> i think when you're the smaller guy, coming to market first and starting to pin a price point and rough val raise in the same -- valuation in the
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same category is helpful. ashley: so they raise the money, what should they do with it? >> start to turn a profit. ashley: how do they do that? >> what's interesting is, a lot of times these companies go public because there's nowhere else to go. soft bank is one of the last places that writes the huge checks. after a while, investors want to make their money back. a lot of intuesdayal invest -- institutional investors will make money. this is one of those situations where the founders have a disproportionate amount of voting stock. when it comes to the public, they'll have 20 votes and the public will have one. that trend started in the google days, facebook as well. there's a mixed decision on what's better for the actual overall health of the company. it's great for founders. they say we get to maintain control, we're not focusing on necessarily those quarterly reports because we still maintain control. at the same time, if you're the public, you're like okay, i get
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to get in with you but i don't have a say at all. lauren: as for investors, the early investors and employees, they were on paper rich. today they will be real life rich. one of the investors is general motors. this is an interesting shift for the company, investing in the robot cars they thought lyft could eventually bring. what do they do with their stake at this point? >> if you're mary barra, number one, you can use it to deploy, keep doing this stuff. the big consumer packaged goods companies, tech companies, had they want to place bets out there. they can't assume all the innovation will come within. i think it's a nice return on investment. you might want to keep deploying it in other things that are going to help take gm to where they need to go. lauren: ian wishinggrad, it will be exciteing to see where the stock opens and -- ashley: where it closes. exactly right. let's check in with futures. they're pointing slightly higher, the dow up 37 points,
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s&p and nasdaq up about a tenth or two. all right, coming up next, president trump lashing out at democrats. >> the democrats have to now decide whether they will continue defrauding the company with ridiculous bull [bleep] ashley: we needed a beep. the president doing a victory lap. we'll have more details on the rally coming up. outrage over the mouse house, the changes at disney parks that might have parents thinking very unhappy thoughts. hmmm. you're watching "fbn: a.m." ♪ rhythm is going to get you. ♪ rhythm is going to get you. ♪ the rhythm is going to get you tonight. after months of wearing only a tiger costume,
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♪ to treat every car like i treat mine. ♪ at adp we're designing a better way to work, so you can achieve what you're working for. ♪ rather than worry about how to pay for long-term care. brighthouse smartcare℠ is a hybrid life insurance and long-term care product. it protects your family while providing long-term care coverage, should you need it. so you can explore all the amazing things ahead. talk to your advisor about brighthouse smartcare. brighthouse financial. build for what's ahead℠ ashley: it was certainly a fired up president trump turning the end of the special counsel's russia investigation into a political weapon at a boisterous rally in grand rapids, michigan.
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mr. trump telling the crowd of thousands that guess what, the hoax is dead and he even used a little profanity. >> the democrats have to now decide whether they will continue defrauding the public with ridiculous bull [bleep] or whether they will apologize to the american people. ashley: oh, there you go. is the president's celebration a little premature. let's bring in tiana lowe of the washington examiner. thanks for joining us. listen, i don't think it's premature. i think he has every right to let rip because after two years of russia, russia, russia, we finally find out there was no collusion and i think he was expressing everybody's frustration and letting out that frustration as he addressed the crowd last night. would you agree? >> yes, i mean, collusion delusion will replace lock her up, will replace build the wall. after 22 months they have nothing on trump personally and we were promised that trump
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personally colluded with putin and anything short of that promise was going to be a victory for trump. ashley: so many of the opposition put all their eggs in the russia basket. now they're scrambling. this must put a lot of wind in the sails of the trump campaign, looking to next year. >> oh, certainly. especially brad pa brad parskala digital operation already built. this time around, they have their game going. now they're going to use this for every journalist who over-promised what the russia investigation would bring. it's possible to understand the russia was necessarily and prompted by trump's comments to lester holt and understand the media coverage was wildly irresponsible in what it over promised. ashley: the russia issue aside, what should be the major issue for the trump campaign?
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should it be the economy? or should it be healthcare or the republicans' record on rel peel and replace -- repeal and replace obamacare has been a shambles. >> a focus on the economy is good, as long as trump doesn't get in his own way. that didn't necessarily work for the 2018 midterms. that's because trump's messaging was primarily around the wall. as someone who is afraid of medicaid for all, i want the republicans to fulfill a promise they've been making to us, the voters, for the past nine years. however, we cannot have a replica of 2017 in which they have passed -- in which they tried to pass a half-baked bill and it doesn't go through. i would be careful about the messaging on healthcare, especially considering that democrats are very serious about nationalizing one-fifth of the economy and made car and medica.
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ashley: the democrats seem to be struggling with far left policies as opposed to a joe biden moderate. >> when you're talking about a $93 trillion green new deal and renovating every building in the country and abolishing private health insurance, that's a boone to the trump campaign. ashley: president trump says come on green new deal, i love it, because he knows it's an electiohe'llanelection winner. lauren: the dow is up 30 points, the s&p up 3 and three quarters this morning, it's the s&p's best quarter since a decade. changes at the happiest place on earth, the ban at disney parks that has some parents fuming this morning. and wells fargo's ceo stepping down, one presidential candidate is over the moon about it. what will it mean for the bank
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♪ please mr. postman, look and see. ♪ is there a letter oh, yeah in your bag for me. ♪ you know it seems so long. lauren: two companies are teaming up to create a fashion statement. ashley: they are. we'll find out now from tracee carrasco who joins us with more on that. tracee: these are two unlikely companies teaming up. trendy fashion retailer forever 21 geared toward the younger crowd and the united states
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postal service, did you ever think they would have a collaboration, a fashion line? lauren: ugly, tracee. tracee: i know. the two have teamed up for a fashion line. they've got vintage logos from the '70s through '90s from the usps. this is an interesting way i guess for the postal service to make money. because they do make royalty revenue off of this licensing agreement. this is available in stores and online as well. the interesting thing, the postal service says the collection gives them a chance to reach a younger generation that they might not be able to do, which is very true, because a lot of people that shop at forever 21, they probably have not mailed very many letters, maybe not been to the post office very often. ashley: that's true, you're right. tracee: so here you go. lauren: i wonder if millennials know where to put the stamp. ashley: if they orde order onle
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will it get lost in the mail. disney world may be the happiest place on earth but some customers may not be happy. tracee: a lot of things banned from disney parks, including smoking, you'll no longer be able to smoke in designated areas inside the park. you'll have to go outside of the entrance. hotels as well. this includes vaping, that's not allowed either. they're including vaping. stroller size will be limited to 31 to 52 inches long, no stroller wagons, those will not be permitted either. disney says a lot of the double wide strollers, those will still fit into the parameters but they want to try and ease up on some of the space because those strolstrollers take up a lot of. lauren: they're talking about the very large strollers which create traffic problems. you need a strollerre stroller . ashley: there's only a certain amount of space in those parks,
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especially the busy periods, it's tough to get around. but i can understand why parents are not thrilled. lauren.tracee: the other ban, e and dry ice. ashley: how weird, dry ice. lauren: i guess you don't want to -- ashley: you need a mortgage to get in. lauren: you bring your own drinks and save a little money. take a look at futures this morning, final day of the month and the quarter and the week, looking pretty good, basically for all three major averages in all of those respects as we wrap things up. dow's up 47 this morning. let's take a look still ahead at if these gains can be sustained. there's the look, year-to-date, look at that, the nasdaq is up 15 and-a-half percent year-to-date. can the rally continue? ♪ i'm falling so i'm taking my time on my right.
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lauren: it's 5:30 in the morning right here in new york, 6:30 p.m. in tokyo, 9:30 in the morning in london. a trade deal doesn't seem imminent but asian equities don't seem to mind. the shanghai composite rallying 3.2% and the nikkei in japan gaining almost 1%. steven mnuchin tweeting this morning, up early, u.s. trade representative robert lighthizer and i have concludessed constructive trade talks in beijing. i look forward to continuing these important discussions in washington next week. more comments coming from white house economic advisor larry kudlow, saying the u.s. is ready to extend the talks. >> this is not time dependent. this is policy and enforcement dependent. please p understan.please under. if it takes a few more weeks or
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if it takes months, so be it. we have to get a great deal, the president says. lauren: the trade deal's not imminent. ashley: it's always competing headlines whe it when it comes a talks. we're seeing strong gains so far by the major averages, led by the nasdaq. joe shroka joins us now. had a lousy end of the year for 2018, we've had a pretty good first quarter but what comes next for stocks? >> certainly we're putting in one of the best first quarters we've seen in a decade but as you alluded to, a lot of that is a rebound from the horrible fourth quarter that we had at the end of 2018 and you didn't feel the progression, 8% in january, 3% in february and a little over 1% here in march. we sort of came in like a lion and we're going out like a lamb here for the quarter.
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and there's concerns. there's certainly slowing gdp. we've got the flatter yield curve. and you were talking about u.s.-china trade, that's still unresomed.resolved. the level of the s&p 500, we have not made a substantial move higher. lauren: i want to bring in gus gecko of hudson valley investment advisors. wells fargo, what's next for the game after the ceo tim sloan resigned, seemed pretty sudden. elizabeth warren seems almost too excited about it. what do you think? >> i think they probably gave her up. one of the things that happened, you're looking at tim sloan being there all through this entire debacle, we'll call it, for lack of a better word. they brought in a new chairman and they've cleaned house in
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terms of the board. we're looking at the next level. the occ has come in, said they haven't been happy with what's been going on. they say they have to clean up things we thought were taken care of, might not have been taken care of at the pace the government was looking for. ashley: it's important to bring in i imagine a new leader that doesn't have connection to the past sins, right? this bank has had such a black eye and its reputation is not great at all. >> well, not to steal the line from the person who came on before, but he came in like a lion, tim sloan, and he's going out like a lamb. ashley: that's the theme. >> if we're looking at where the company is currently, you're going to have to bring in someone else to change the culture. it might be anil lai an alan y type person. lauren: seems like we're getting a coordinated response from fed officials saying an
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interest rate cut really not on the table for this year. what's your take on whether we're going to see a cut and also if you think there's anything to this inverted yield curve. >> well, certainly i remember just a couple months ago we were talking about how many increases would there be in 2019 and now certainly the fed's on hold which has helped the market. the interesting thing, i don't think the inverted yield curve's a problem right now because the fed's on hold. if we go back to the last recession, the yield curve inverted but the fed continued to raise rates on the shortened. i think that's what pushed the economy into a recession. with the fed on hold, i think that at least gives us some comfort in the near term and if economic conditions worsen, they can always cut. but i don't think anything's on the table right now. ashley: let me get you in on this conversation, if i can, moving aside from wells fargo. the yield curve thing, the fact that it pou potends a recessiont some point, with the fed being
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so doveish, does that take away the threat of the recessionary fear the market seems to be trading on. >> even if you get a negative yield curve, it those be for an extended period. right now, looking at the economics of the u.s., we're probably the best player right now on the world stage and i think that things are actually doing better than people envision. you'll see probably an improvement over the next couple months based on leading economic indicators. so i wouldn't be worried at this point in time. if this were to go on for an extended period in terms of a negative yield curve, then 10, 11 months, that's when you start seeing problems and the markets generally do well during this period. ashley: interesting. all right. lauren: thank you very much. ashley: coming up, the feds versus facebook, the trump administration accusing the social media giant of discriminating against real estate consumers. we'll have details straight ahead. you're watching "fbn: a.m." ♪ oh, yeah, you really got me now. ♪ you got me so i can't sleep at
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not getting in today. not on my watch. pests never stop trying to get in. we never stop working to keep them out. terminix. defenders of home. lauren: happy friday. let's take a look at some of the headlines making news this morning. gun rights advocates denied a halt to the trump administrations ban on bump p stocks. the device increases the fire rate for semiautomatic rifles. the bump stock was used in the
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massacre in las vegas that left dozens dead. the road to statehood. darren soto putting forth legislation to make puerto rico the 51st state, this comes as president trump expressed opposition to giving more puerto puerto rico for hurricane relief to puerto rico. >> i've given them more money than they've eve ever gotten ani have a great relationship with the people of puerto rico and i think when it comes time, they really do appreciate it. lauren: the president blames the island's governor and the mayor of san juan for slowing its recover from hurricane maria. miami will be the site of the first democratic presidential debate. nbc news reporting that half the crowded field of roughly 15 major presidential candidates will appear during prime time on june 26th. the other half, they're going to go the next day, june 27th, to
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give all the contenders a chance to introduce themselves to the public. president trump calling on opec to produce more oil, warning that oil prices are climbing too high. he tweeted it's very important that opec increase the flow of oil, world markets fragile, price of oil getting too high. thank you. oil prices have been on the rise recently, thanks in part to the efforts of opec as well as u.s. sanctions on venezuela and iran. ashley. ashley: all right. let's take a look at futures for you as we round out the trading week and looks like we may have a slightly higher open, gaining upward momentum. the dow up 37 points, the s&p and nasdaq up about a tenth or two. coming up, facebook under attack, the trump administration going after the social media company with claims of discrimination against real estate consumers. interesting. we'll take a look at the legal battle ahead for the social media. and do you take this gift to be your wedding present? one bride said i don't. why? because it wasn't expensive
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enough. the story you'll have to hear to believe. you'll love this one, lauren. you're watching "fbn: a.m." ♪ baby, i don't need dollar bills to have fun tonight. ♪ baby, i don't need dollar bills to have fun tonight. ♪ i don't need -- -driverless cars... -all ground personnel... ...or trips to mars. $4.95. delivery drones or the latest phones. $4.95. no matter what you trade, at fidelity it's just $4.95 per online u.s. equity trade. run with us in the unstoppable john deere gator xuv835, because when others take rain checks... we take the wheel. run with us. search "john deere gator" for more. ifor another 150 years. the fire going run with us. ♪ to inspire confidence through style.
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ashley: facebook charged with housing discrimination by the department of housing and urban development. lauren: hillary vaughn has the details. >> reporter: the department of housing and urban development says facebook allows housing advertisers to target ads so entire classes of people are prevented from seeing their post because of their race, gender, religion or economic status.
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hud says the company let advertisers exclude zip codes of users by drawing a red line around entire neighborhoods they wanted to blackout. ben carson telling maria bartiromo that facebook uses their data to let advertisers discriminate. >> they know what other sites you've been visiting. they know what apps you've downloaded, what your interests are. and then to use this in an advertising forum and a platform where you can discriminate against people. >> reporter: facebook says they're surprised and disappointed by the charges because they had been negotiating with hud in good faith to settle the issue, saying in a statement, quote, we've been working with them to address their concerns and have taken significant steps to prevent ad discrimination, while we were eager to find a solution, hud insisted on access to sensitive information like user data without ad ye yet safeguards. they say the changes they made
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to the site were not enough to address the full scope of the president. hud issued two letters of inquiry for two other tech companies about their ad practices, twitter and google both received letters from hud this december requesting more information. both companies responding in statements given to fox business saying both companies do not allow advertisers to target users based on class or other sensitive issues and they actively work to root out any discrimination they see on their sites. lauren and ashley. lauren: hillary, thank you very much. for more on this we bring in attorney brad miklin. thanks for joining us. >> thanks for having me. lauren: when you think about it, these probes, these suits, they strike at the heart of facebook and social media's business models. data and advertising. so what changes do you see coming out of all this? >> there's going to be a lot, i think, because the social media giants have been under attack on a lot of different fronts really.
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we have ftc going after facebook for privacy issues. we had the nunes suit against twitter which i think is frivolous but i think it's going to open the door for a lot of other actions. so i think there's going to be for the first time since social media rose that we're going to start seeing them be more responsible to the public, not only for its use of data, but for the advertising guidelines that led to the hud investigation. lauren: and let's hear from the secretary of hud, ben carson, this is what he told "mornings with maria" yesterday. >> advertisers have the ability to say i only want to advertise to women, i only want to advertise to non-christians. this kind of information, most people don't know, has been gathered on them and we want to make sure it is not used in an inappropriate way. lauren: so basically it's micro targeting, it's been happening for years. these companies have all of this information and they've had it for quite a while. so how do we change these practices? >> well, the beginning is by
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investigating and bringing it to the public's eye. social media and facebook specifically hasn't been around that long and acts like the fair housing act that hud used to go after facebook this time was created back in the late '60s. so it didn't really contemplate the kind of social media giants and information exchange that we're seeing now. lauren: how does this play out? what are potential outcomes here for facebook in particular? do they pay damages to those who say they were harmed by the discrimination? >> that could be. i think what we're going to see after these investigations will be a large beginning of individual lawsuits against these giants, because now we're learning how our information's been used to our advantage in violation of the laws. once people start learning how they've been affected u. i think we're going to start seeing a lot of third party actions against all of the social media giants we see. lauren: big expensive headache. meanwhile, there's this. president trump weighed in on the jussie smollett case. take a listen.
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>> i think the case in chicago is an absolute embarrassment to our country and i have asked that it be -- a that they look at it. lauren: they look at it meaning the fbi looks at it, correct. now we hear jussie smollett wants an apology. >> it's amazin amazing the turns case has taken. originally i wasn't so surprised that a famous individual with some influence was able to strike a favorable plea deal. now between his statements and even his lawyer's statements, it seems like instead of admitting they took a favorable plea and walked out like many people do, now they're making themselves out to be a victim and it's almost appalling. lauren: and chicago wants legal fees and the expense of the case. are they going to get it? >> it's hard to say. i'm not sure all the man power
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and overtime went into the case because it was a hate crime or because he was a celebrity. that's what hard to say. it's hard to say if they'll recover that. lauren: do you think he was over-charged. do you think the 16 counts against him were too many? >> i do. i think it was prosecutor overkill. that may have been part of what led them to eventually dismiss them. even though it went to an indictment, that doesn't really mean much in the criminal system. so i think they were battling with maybe a very weak case but the lack of transparency when they did decide to dismiss it i think is what's causing the backlash. lauren: what does this do to the city of chicago and the reputation of chicago? >> i don't think it's going to hurt the reputation of chicago. it will create a wris rift betwe police department and prosecutors office which normally work in concert with one another to prosecute crimes. lauren: thank you so much for joining us this morning. appreciate it. ashley: let's take a look at
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futures. markets open in under four hours. i can't do the math. here we go. the dow up now 45 points, the s&p and nasdaq also up about a tenth or two percent at least that's what it shows us at this hour. coming up, game of thrones has its mountain as w we know. how mountain dew has a game of thrones tie-in. we're back to this story, one bride refusing a gift for not being expensive enough and she just didn't stop there. oh, no. the stunning details when "fbn: a.m." returns. ♪ we are living in a material world. ♪ and i am a material girl. ♪ you know that we are living in a material world. ♪ and i am a material girl. heading into retirement you want to follow your passions
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♪ lauren: if you participated in that grueling game of thrones challenge, you might want to cool down with a refreshing drink. i'm over game of thrones, by the way. ashley: me too. tracee carrasco joins us with more. tracee: we talked about okay cupid and the game of thrones badge for singles. you're going to hear a lot about game of thrones because the new season comes out on april 14t april 14th. mountain dews has a new special limited edition can of soda, just for the new premier of the season. so there it is, that's what it looks like when it is warm. but when it's chilled, you can see the names, they appear on
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that can. so gone is the green can. lauren: that's cool. tracee: they're calling the contest a can has no name. very dramatic. ashley: brilliant. tracee: very dramatic. you're not going to be able to find these at your local grocery store or convenience store. there are only two ways to get them. you can enter on twitter, the other way, you have to be in new york city or has angeles. there are special coins, if you can find them, and a special vending machine. this is the iron vending machine. so good luck. this is definitely a game of thrones challenge. lauren: speaking of coin -- ashley: nice segue. this bridezilla gets back at at a guest for supposedly cheaping out on a gift. tracee: an australian wedding guest has shaped a bride online for demanding money. so here's how it all went down. the guest went to the wedding
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with a very nice gift, $200 in cash, plus a $75 candle. well, fast forward to a few weeks after the wedding, the bride called. the guest thinks it's a nice call to say thank you. no. the bride is saying you need to give me a little bit more because the cost of the attendance for you and your husband was much more than the gift that you gave me. so if you could please give me 300 extra dollars, that would be appreciated. ashley: oh, my god. is that the rule of thumb? tracee: i've never heard that. lauren: so they want $575 to cover two plates? it's not admission to an event. that's just outrageous. that is so tacky. tracee: very. ashley: i'm stunned. is that an actual measurement that people use these days? it's costing $200 a head, there's you and your husband are there, $400 at least, that is the math? tracee: i've never heard of that.
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i've never gone by that rule. lauren: i try think okay, it's a saturday night, this is the location, the plate is probably this much and then -- but you never know. you never know how much it is. you also have to do what you're financially comfortable with. tracee: social medi mead mediag with the wedding guest, this is no longer your friend. lauren: where's the bride now? tracee: don't know. i don't think she's gotten the $300. i don't think she's going to. ashley: i wish the groom good luck on that one. tracee, thank you. let's get to this. march madness is back for another night. we're down to the sweet 16. take a look at tonight's schedule. first up, lsu and michigan state. then we have auburn against north carolina, and then in a late game, duke that barely got by central florida, will be playing virginia tech and oh, yes houston will take on kentucky. tennessee lost to purdue in o.t.
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last night. tracee and i used to live in tennessee. lauren: that was a tough lost. ashley: that was a tough loss. lauren: duke, that will be a good game. they've got the star back. ashley: they do. tracee: i've been following. i would like to say i'm hanging in the bracket right now. after the tennessee loss, i'm not sure how i'm doing. ashley: it was a kil killer. tracee: i was second. ashley: lauren, are you a big march madness -- lauren: what do you think? i've been known to win tournaments by playing the game of eenie, meenie, minie. mo. tracee: i have won thanks to my dog's name. lauren: this is a significant day, you have the lyft ipo, the end of the week, the end of the month. ashley: end of the quarter. lauren: end of the first
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quarter. it's been spectacular on all of those fronts. i do have one piece of bad news, the dow is down 0.75% for the month of march. first down month since december. it's the only red on the entire screen when you're looking at how the major averages performed on the week, the month and the quarter. so it's really been a strong ride. ashley: it has. we've talked about it before. it's terrible at the end of the year, now we've really recovered in the first quarter. the question being -- lauren: where do we go from here. ashley: u.s.-china trade talks hugely important. we're getting conflicting headlines all the time. they appear to be heading in the right direction. the question is if we get that done, where does the market go and we have the earnings season coming up, the first quarter and that will be very critical. lauren: the health of our as companies as the trade dispute continues. good to see you all week, ashley. appreciate that. ashley: my pleasure. lauren: "mornings with maria" starts now. maria: good morning. happy friday. i'm maria bartiromo. it is friday, march 29th. your top
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