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tv   FBN AM  FOX Business  May 3, 2019 5:00am-6:00am EDT

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mead dillon our guests, good night from new york. cheryl: here are your market movers at 5:00 a.m. president trump firing back at former vice president joe biden for down-playing the economic threat to the u.s. from the world's second largest economy, that is china. what the president is saying and what biden isn't. democrats fuming after attorney general bill barr is a no-show on capitol hill. how their collusion crusade turned and plus, the moment everyone is talking about. the kentucky derby is one day away. we're counting down to the fastest two minutes in sports, while the horses gear up for the big race, we go live to churchill downs for an insight look at the big race. those are the big stories at 5:00 a.m. if you prefer coffee over beer
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or margaritas, it may have nothing to do with the taste and everything to do with the buzz. it's friday, may third. that's your buzz. "fbn: a.m." starts right now. lauren: here is how your money is moving at 5:00 a.m. nice gains on wall street this friday morning, dow gaining 81, nasdaq up 41 points, all three major averages, however, on pace for a weekly loss as the busiest week for earnings season wraps up. a drop in oil prices yesterday weighing on the marchs gets. oil still down this morning at $61.41 a barrel. let's the take a look at european equity, hsbc reporting earnings as they watch the brexit situation. the ftse is up 47, the dax is also up 47 points. japan a and china markets still closed for a holiday. mixed performance, hong kong
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gaining half of 1%, south cree a down three quarters of 1%. cheryl: good morning, cheryl casone. lauren: i'm lauren simonetti. thank you for joining us. cheryl: naive, that is what president trump is calling former vice president joe biden over his comments that china is, quote, not competition. the president slamming the 2020 presidential hopeful in an interview with fox news' katherine hair yaage last night. >> china is a big problem. we're losing $500 billion a year to china. there's a great hostility. there's a great -- china is a big problem. cheryl: after biden's comments, a new pentagon report says china is increasingly able to contest u.s. military power in asia. china plans to commission its first domestically manufactured aircraft carrier later this year. lauren: president trump is also
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talking of the strength of the trump economy. >> we have the strongest economy that we've ever had. we're doing phenomenally. we have the best unemployment numbers, african americans, asians, hispanics, best numbers we've ever had. women, the best in 61 years, unemployment numbers, job numbers, wealth numbers. we have the best numbers. i think we have the best economy we've ever had. lauren: the most important economic data of the month comes three and-a-half hours from now, the release of the april jobs report. the expectation, 185,000 jobs added, down slightly from march, the reading then was 196,000. the unemployment rate is expected to hold at 3.8%. of course, as we do on the first friday of every month, we'll have complete coverage and analysis with "mornings with maria" starting at 6:00 a.m.
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cheryl: federal trump's pick for the fed a rai federal reserd bowing out of contention. lauren: let's get the details from blake berman. >> reporter: early thursday morning, steve moore said he's moving forward with the likely nomination a and the white house said there was no change in status. a few hours later, president trump tweeted out that moore's pending nomination was done with. at issue for moore, past writings and comments he made about women and senate republicans started to express reservations. moore said the comments were meant to the humorous but admits he they weren't. he claims he was the victim of a sleaze campaign and says the attacks was too much for his family. >> this kind of victory lap for the left because they took me down with a smear campaign and, you know, but it is interesting to me. you go back to what i just said. if they think my ideas were so out of the box and so wrong, why
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didn't they debate me on the economic ideas? >> reporter: in a statement, chuck schumer said, quote, the only thing less funny than mr. moore's tasteless, offensive, tasteles tasteless, s the idea that president trump would consider him for a seat on the federal reserve. this follows the loss of herman cain. there are still two open seats on the federal reserve board of governors. lauren: president trump shut down the crusade to find collusion that he says does not exist. this comes as democrats blast attorney general bill barr for skipping his hearing on capitol hill. cheryl: todd piro joins us as the president tries to change the conversation. >> reporter: the wild bay started with a no-show by the attorney general, and then a hearing that wasn't much of a hearing at all, followed by the president saying this. >> they shouldn't be looking
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anymore. this is all -- it's done. i think what they should he focus on is how did this mess start. because i think it's corrupt as hell. >> reporter: the president then doubling down while you were sleeping, tweeting, it's time to get back to business a and for congress to focus on immigration, infrastructure, and lowering drug prices. this after fox news learned that special counsel to the president emit flood tore into robert mueller and his investigators in a letter to bill barr, accusing the special counsel's team of including political statements in their russia report, saying they failed to act as traditional prosecutors. as for the quote, unquote, hearing which barr refused to appear at over demands that staff counsel be able to question him, democrats using the no-show as an opportunity to attack the president and the a.g. >> the system of not having a president as a dictator is very much at stake. >> he lied to congress. and if anybody else did that it would be considered a crime. >> reporter: the moment everyone is talking about, a visit from
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the colonel, or more specifically congressman steve cohen's attempt at humor. >> chicken barr should have shown up today and answered questions. he was afraid of barry burke. an attorney general who is picked for his abilities would not be fearful of any other attorneys questioning him for 30 minutes. >> reporter: jerry nadler has threatened contempt citation if barr doesn't meet democratic demands. lauren: which makes all of that not very funny. todd, thank you. cheryl: facebook is working to launch a cryptocurrency based payment system. the wall street journal says facebook is recruiting dozens of financial firms and online merchants for the project. lauren: meanwhile, facebook is banning several accounts deemed dangerous, part of the new hate speech policy. we have the latest. good morning. >> reporter: good morning, lauren around cheryl. the company removed accounts,
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pages and groups associated with a number of people including nation of islam leader louis farrakhan, alex jones and laura loomer after re-evaluating content and activities outside of facebook. the social network has taken heat from civil rights groups in recent years for not moving quick enough or strong enough against hate messaging. some say this is a sign that facebook is now doubling down on its hate speech policies. facebook spokesperson tells us that we've always banned individuals or organizations that promote or engage in violence and hate, regardless of ideology. the process for evaluating potential violators is extensive and it's what led us to our decision to remove these accounts today. and take a look at this. the washington post catching heat for this headline, the newspaper grouped loui louis farrakhan along with far right
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leaders. afteafter criticism, the post we this. how is far can is an extremist leader who espoused anti-semetic views, an earlier version of this story and headline incorrectly included him in a list of far right leaders. guys, the damage was done. plenty of reaction to this online. donald trump junior tweeting, quote, the gas lighting coming from democrats and their friends the media trying to convince us the obama administration didn't spy on the trump campaign is almost as bad as the washington post attempting to gas light us into believing that louis farrakhan is somehow a right wing and ben shapiro tweeting this, do words mean things anymore? he isn't far right. he's a blatant anti-semite. a lot of opinion on this, not a good headline to put out there. cheryl, lauren.
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lauren: thank you. cheryl: thank you. well, investors are sinking their teeth into beyond meet. the initial public offering soaring in the biggest market debut since the 2008 financial crisis. shares more than doubling from the ipo price of $25 a share. the company which makes meatless burgers is backed by celebrity investors like bill gates and leonardo dicaprio but has not yet turned a profit. >> this is a $1.4 trillion industry. as we go after it, we want to make sure we're providing products that delight the consumers, that win on taste and nutrition and as we grow on price. that's a longer term l goal for us. it's important to get there. cheryl: $1.4 trillion as in the meat business. beyond meat, whistles products in 30,000 products a in grocery stores and restaurants faces tough competition. lauren: let's take a look at
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shares of cbs. in the after hours session yesterday they slid a bit. if you look at this chart, they did close down yesterday more than 1%. the company reported record quarterly revenue, partly due to the super bowl, but revenue actually missed expectations because of weaker performance in the cable business. acting ceo telling analysts on the conference call the company plans to spend $8 billion on programming this year. cheryl: and here are some other headlines making news this morning. as reported by our very own charlie gasparino, disney expected to announce today it reached a deal to sell 21 fox regional sport sports net netwoo sinclair broadcasting group. they inherited it as part of the purchase of 21st century fox's entertainment assets. in a separate deal with the new york yankees, disney agreed to sell its majority interest in the yes network. they partnered with sinclair and
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amazon in that transaction. the justice department is weighing in on the federal trade commission's fight with qualcomm. they asked for a hearing on the possible funnishment as the -- punishment as the judge decides. the doj argues the punishment has to do as little harm as possible. carnival is the first u.s. company to be sued over property seized by the cuban government 60 years ago. carnival is accused of using buildings where cruise ships were anchored in cuba without paying the owners. carnival launched the first cuban cruise in 2016 after bo president obama eased restrictions. president trump reversed the decision. the property owners are claiming it is worth $45 million. carnival has dismissed the lawsuit. they say they u.s. government sanctioned all of its travel to
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cuba. this lawsuit doesn't stand, in their opinion. lauren: we have sad news coming from a galaxy far, far away. the man who brought to life chew baca has died. tributes from fans and co-stars pouring in. harrison ford called him a kind and gentle man with great dignity and nobel character. >> that's not how the force works. >> oh, really you're cold. lauren: he played the character in all three of the original star wars. he made his final appearance in the force awakens. cheryl: we've got a lot more coming up, folks. democrats keeping the heat on president trump and his attorney general, even after the release of the mueller report. is that strategy going to backfire for 2020 against these dems? and we've got details on
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coca-cola's new plan to excite your taste buds when you're out on the town. how it's getting into the alcohol business. but this is not what you think. you're going to want to stay tuned. we'll be right back. ♪ the ai i want? well, insurance it's all about trust and speed. i need it to guide this analyst to customize flood coverage for this house. so that this team, can inform this couple, that their payment will arrive faster than this guy. hey. ♪ ♪ so whether i'm processing claims due to this fine gentleman... (car engine starting) or suggesting premiums for this young lady...
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no longer the newest name on the democratic race for president. michael bennett officially dropped his name into the hat of democratic presidential candidates yesterday. he joins the already crowded field, bringing the l tally up to 21 democrats that are vying for the opportunity to try to take on president trump. as more and more jump into the ring, are they diluting any of their chances for a win? let's bring in washington examiner commentary writer tiana lowe. good morning. a lot of these democrats are starting to take the tone of attacking president trump. but can they effectively use that as a strategy when you've got a strong economy, low unemployment and record high stock market. >> i think the only strategy in which it works is the approach that joe biden is taking, which is pointing trump's rhetoric and demeanor as an aberration rather than culmination of conservatism or the republican party. most of the democrats that are
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attacking trump aren't doing so on those grounds. they're pointing to the economy which has been great since trump has taken office. cheryl: michael bennett says i'm a moderate, i know how to work both sides of the aisle. even joe biden is coming across in some respects as a centrist, if you compare him to bernie sanders. is that centrist message maybe what we're going to see more and more of on the democrating side. >> it's obviously the lane that is least impacted at this point. if you have every democrat running for the presidency endorsing the green new deal and entertaining medicare for all, that leaves open a wide open lane to try take back the rust belt. i don't think nationalizing the economy will fly that well with coal workers in pennsylvania. cherylpennsylvania.cheryl: thel that says the approval of the
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economy is actually better than it was before and it says do approve or disapprove of how president trump is handling the economy, this is a cnn poll, 56% say they approve of president trump's handling of the economy. is this the campaign issue that we're going to see? >> this is what trump should be running on. this is what he should have been hammering down on before the midterms. if you look at the q1 economic growth, in spite of the economic shutdown, unprecedented levels of growth and we saw after a year of the fed tightening rates, increasing rates, we still have expanding economy. and we have a great jobs market. cheryl: if joe biden continues to say things like the chinese aren't a problem, impair ray i y phrasini'mparaphraseing there, s could be a one party race. lauren: we're seeing nice gains ahead of the all-born jobs
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report for the month of april. the s&p is up 10, nasdaq up 43 this morning. still ahead, as protests continue in venezuela, president trump sounding off on the tipping point that could prompt the u.s. military to get involved. and what's he up to now? ceo elon musk says he has a plan to make tesla a half a trillion dollar company. many investors and analysts call that a miracle. can he pull it off? you're watching "fbn: a.m." ♪ and i think it's going to be a long, long time. ♪ still touchdown brings me around i get to find. ♪ i'm not the man they think i am at all. ♪ oh, no, no, no, i'm a rocket man.
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lauren: to the crisis in he
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venezuela. in an interview, president trump laid out potential options for thunited states. >> what are your red lines in venezuela. >> i don't want to say but we have lots of options and some of them are very tough options. >> is there a tipping point for military intervention? >> there's always a tipping point. but certainly i'd rather not do that. i just want to help the people. the people are dying. lauren: defense priority senior fell lo owe daniel -- fellow dal davis joins us now. what are the options for the united states that actually help the people of venezuela? you just heard the president say they're dying. this is a humanitarian crisis. what can we do? >> you hit it right on the head. it is a humanitarian crisis. the best thing we can do for the people of venezuela is make sure we don't use military power. there's no upside for us. there's not the potential that it go well for us. you use military power, you take
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the probability that their problems become our problems and that is bad for america and it's bad for venezuela. lauren: but there is a need to respond in some way as it feels like this window of opportunity is closing to oust maduro. there is video of maduro showing a sign of strength, flanked by the military. we thought there was support, that high officials would defect. that hasn't happened yet. what's the window of opportunity here? >> well, we've got to make sure we understand what the u.s. military is for. it's not to help one politician or another in another country. our mill you tri is supposed to be -- military is supposed to be used when america's securities is threatened or we're attacked. rights now, there is no security issues at play. it is a complete humanitarian issue. we can't -- that can't even be on the table. there are other things we can do that are humanitarian things, we can help the people, absolutely, should help the people, work
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diplomatic cliff but not militarily. lauren: the aid is stuck at the border, they're unable to get it to the people. the sanctions don't help the dying and starving and the needy people of venezuela. what do we do? >> at some point we have to recognize that there are limitations to what we can do. if you send in the military r, you could be people the venezuelan people we're trying to help. we could turn the political crisis into a civil war. that would be bad for the people of venezuela. lauren: is there a way to look at this as a country of venezuela being a proxy for our relations with the nations that do recognize maduro as the legitimate leader of that country, such as russia and china. the way we react to venezuela, does that show where we stand with those other nations? >> well, nothing is ever in isolation. there's complex relations with all the nations. but we have to make sure we do things that help our country.
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because ultimately, that's the priority for the united states, america first is a valid concept and if we do something that's not going to be in our interest and is not going to help somebody that we may otherwise like, because, look, nobody can look on this situation and say it's a good thing. our hearts bleed for the venezuelans. we wish them well. we just can't make it worse. lauren: thank you. have a good weekend. >> thank you. cheryl: all right. well, let's check out the action on wall street this morning. it is friday as we are now into the month of may for trading. the dow up 74 in the premarket, s&p up 9 and three quarters, nasdaq up 39 and-a-half. fox news cameras exclusively capture the moment that mexico deports more than 100 illegal immigrants. should washington take this as a sign that mexico is ready to work with us? we are live with new developments on the crisis at the border. and a dnc inside rer went looking for dirt on the trump campaign during the 2016
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election. the bombshell report that's further fueling republican allegations that the democrats were the ones colluding with russia. we've got details coming up on "fbn: a.m." ♪ and when the daylight comes i'll have to go. ♪ but tonight i'm going to hold you so close. ♪ because in the daylight we'll be -- sed agents available 24/7. it's not just easy. it's having-a-walrus-in-goal easy! roooaaaar! it's a walrus! ridiculous! yes! nice save, big guy! good job duncan! way to go! [chanting] it's not just easy. it's geico easy. oh, duncan. stay up. no sleepies.
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lauren: good friday morning. we'll start in the u.s. we'rseeing nice gains, nasdaq ip 40 ahead of the april jobs report. all three major averages we want to point out down for the week, this is the busiest week yet for earnings. oil has been a major story this week it is down again by half of 1%, $61.52. the u.s. as of last night has ended the iran sanctions waiver program, trying to get all iranian oil off the market.
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let's switch to european markets, up arrows across the board. cheryl: obviously global markets are watching trade. it's shaping up to be a major week for trade. when u.s. and china officials sit down for more talks in washington next week. trade sources are telling fox business that chinese have opened up dates on president xi-jinping's calendar in mid-june to come to washington for a possible trade deal signing. mark bit neaner joins us now. good morning. >> good morning. cheryl: possible is the key word here, mark. is a watered down deal better than no deal at this point? there has been reporting in the financial times that the u.s. is kind of backing down on some issues, in particular, cyber security. >> i think maybe there's an effort out there to lower expectations and that way they can come out with something that's better than folks expect. and i do think that the deal that we're likely to see is going to be far better than what the general consensus is. it will have som some hardened
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guarantees on intellectual property protection and it has to address shutting down some of the old, inefficient capacity and industries like steel that poll lieutenant the heck out of the environment. the only reason they're around, they get free money from the banking system. cheryl: the currency, how they manage their currency, the manipulation of the chinese currency, folks have been complaining about that for decades. large purchases of american products, soybeans, nat gas and others, would that be a good thing for the economy, do you think? would that give us a boost or is that baked into your expectations in. >> i think that was a given, that we're going to get large purchases. they're going to be buying the heck out of pork because they've got this horrible african swine flu that's wiping out their pork industry and chicken and beef and everything else. i'm certain we're going to get that. that's the low-hanging fruit. but i also think we're going to see some real reforms in the
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trading system and china needs that because businesses are pulling out of china because they haven't been granted the market access they were prole missed and they were getting intellectual property ripped off. they need to do something. cheryl: unfair. i think we all can agree on that point. i want to switch to the jobs report, comes out today. here are the expectations, 185,000 jobs added versus 196,000 in march, unemployment rate 3.8%. that would be unchanged. average hourly earnings estimated at 3.3% from a year ago. what do you say? >> well, we're looking for a little bit stronger gain in jobs because we had a longer survey period and we had that late easter and so i think that we're looking for 200,000 increase in nonfarm payrolls. it could be more than that. if it is, look at retailing and leisure and hospitality industry. easter came so late and spring break was entirely in april, not in march, and the other thing that i would say is that the average hourly earnings probably won't increase as much because a lot of those jobs in he
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retailing and leisure and hospitality sector tend to be part-time and relatively low-paying. that will hold down the average. cheryl: you've got a mixed disagreement with the estimates that we're watching. thank you very much. we'll get that report soon. >> good to see you. lauren: there is exclusive and explosive video of mexico deporting 93 migrants while on their way to the united states, a major sign that mexico is p keeping its promise to the trump administration in battling the border crisis. cheryl: a lot of news breaking overnight. griff jenkins joins us live from mexico with a firsthand look inside one of the overcrowded shelters. a lot happening this morning, griff. >> reporter: a lot happening, cheryl and lauren. good morning. we just about an hour ago had a migrant trying to scale the wall at the shelter behind me, the authorities getting him under control. really the big news, we saw busses leaving, headed for the airport and our cameras were there, getting this image of 93 cuban migrants being deported
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back to havana, a sign that mexico is continuing to try and do its part to stop the migrant flow. now, two nights ago there's was a bit of a riot according to officials inside this shelter. you see damaged vehicles. we couldn't go in this one because of security risks. we got a look into the other major shelter here. it is quite a scene. there's 1200 migrants in there. they have migrants from all over the globe, from pakistan, bangladesh, central america, uganda, cameroon and the congo. we met a migrant named marcus from the congo who was in there. he's out now, working his way towards legal asylum in the u.s. here's what he told us. listen. >> we have to enter legally, not illegally. because illegally is dead. we have to enter legally. i want to say to help us enter into the united states because it's going to help our life and it's going to help us to keep
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and to keep our life. >> reporter: sad news from the u.s. border in eagle pass, texas. we're learning a 10 infant drowned, three others missing on the ry rio grande river, another reminder of how dangerous the journey is. cheryl: griff, thank you very much. lauren: unbelievable. well, berkshire hathaway has taken a stake in amazon. warren buffet said one of his portfolio managers took care of the investment. buffet said he has a high opinion of jeff bezos. please remember to keep it here on fox business tomorrow, because our own liz klaman will have updates from the berkshire hathaway shareholder meeting. cheryl: she'll be on twitter and facebook live. elon musk said he could make tesla a half trillion dollar company. tesla's ceo reportedly telling
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investor that's the company's autonomous driving is going to give tesla a $500 billion market cap. he said existing teslas will get more valuable as they get software updates to make them autonomous too. this as the company looks to raise its $2.3 billion through a stock and bond sale. tesla posted a large quarterly loss. lauren: do you believe him is the question. let's get to some other headlines making news. heading to the white house, the sloslovakian prime minister will visit with president trump today. they will discuss bilateral security cooperation, cyber threats and energy security. getting dirt on then candidate donald trump, that's what a new report alleges that the democratic national committee reportedly tried to do when it reached out to the ukrainian embassy. neither the dnc or accused contractor responded for comment. allegations over how the feds tried to spy on the trump
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campaign in 2016. according to the new york times a female u.s. informant posed as a researcher to probe george pop papadopoulos on the potential ties to russia. he said he had suspicions before she was outed last year. the college admissions scandal, a chinese mother paid $6.5 million to get her daughter into stanford university, now says she thought her money was for scholarships and other donations. the mother's attorney claiming his client's generosity had been taken advantage of. coca-cola is launching not one, not two, not three, but four new drinks. they are meant to act as mixers for cocktails. the bottles look cool. there's herbal, spicey, woody and smoky. cheryl: caffeine and alcohol, right? lauren: caffeine and alcohol mixed together. cheryl: let's take a look at -- lauren: nice wake-up. cheryl: we have positive numbers to start off friday trading, dow up 73, s&p up 9
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and-a-half,s nasdaq up 40 points and a quarter. the number of measles cases continues to grow in the us. while the number of people who might need a booster shot is growing, even if they already got vaccinated. and millennials are flexing on dating sites. from name dropping to story telling about totaling a brand-new lamborghini, is all of this bragging backfiring? keep it here on "fbn: a.m.." ♪ when i see your face. ♪ there's not a thing that i would change. ♪ because you're amazing. ♪ just the way you are.
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lauren: the measles outbreak is still growing with more than 700 cases reported across the united states. 22 states now. dr. jeanette nishawa joins us now. good morning. >> good morning. lauren: for most adults if you were born between the years 1963 and 1989, you likely have only one dose of the vaccine. that's not enough. >> well, for some people it may not be enough. so you might have some immunity. some people the immunity wanes. you might need a booster. your doctor can give you a booster shot or check your blood titers to see if you're immune.
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lauren: you can contract the he measles if you were in the same room as someone who had it two hours after they left. >> you're correct, lauren. if you're unvaccinated and you're exposed to it you have a 90% chance of acquiring the measles. it's highly contagious. it can be really serious for some people. some people have to be hospitalized. it can cause pneumonia, inflammation of the brain, blindness, deafness, ear infection. it can be very serious. lauren: for parents that don't want to vaccinate their children, are we seeing a change in the mentality now as we see what is happening across the country. >> fortunately, i am seeing more patients coming in for boosters, for blood work, for their shots, because of the concern. i think it's important that we continue to educate the community, educate parents, try to debunk any myths that are out there that it's unsafe, that it's dangerous for you because that's not true. you can have up to 97% effectiveness with the measles vaccine. that can keep you alive.
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that can help prevent cough, run any nose, red eyes, misery in your child for usually about a week. lauren: for most of the adult population who likely had one dose of the vaccine back in the day, you just say go in, get a booster shot, this is no big deal, they'll have them in supply? >> it's assumed if you were born before 1957 that you are already immune because you likely had it as a child. but after that, in early 1960s and to about 1989, if you're unsure, if you're concerned or if you're in an area where there's an outbreak of he measles, get a booster shot or get your titers checked. lauren: from what you're hearing, how scared are you? >> there is a concern out there. we see an influx of people coming in. we take the time to educate them, show them this is a safe vaccine, there's no links to other diseases, no studies that prove it's linked to other diseases. it's just the opposite. this vaccine and other vaccines
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can help prevent thousands of deaths worldwide. lauren: thank you so much for coming on. this is a scary story. we're dealing with this across the country. thank you. cheryl:thank you.cheryl: the de premarket, s&p up 10 and a quarter, nasdaq up 42 and-a-half. it is jobs friday. we're looking higher as of now. coming up next, the kentucky derby is one day away and we are counting down to the fastest two minutes in sports, janice dean is live at churchill downs with an inside look at the run for the roses. if moryou're more of a minute jp type than a beer, it may not be because of your sweet tooth but your state of mind. we're going to explain. you're watching "fbn: a.m."
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lauren: that is a beautiful shot of midtown manhattan this friday morning. millennials are flaunting wealth on dating apps. the strategy may be backfiring on them. cheryl: todd piro has more on this one. >> reporter: we never talk about millennials, we should do it more often said no one ever. 53% of americans said they lied in online dating profiles, according to a study commissioned by beautifulpeople.com. that's my source for news, weather and sports. research shows exaggerating success to impress seems to be more common among men than women
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and wealthier people are more prone to hyperbole than lower income individuals. it is called flexing or showing off valuables in a non-humble way. why did you make a face? lauren: did you ask them to put you on camera when you flexed your muscles. >> that's producer instinct. cheryl: we did a story that millennials lie on their resumes. it's a great group of americans we've got here. [ laughter ] cheryl: coffee and beer consumers, they like good taste but they're not into it for the taste. >> it turns out people like the buzz of beer and coffee and not the taste. interesting. in another story r water is t w. a team of researchers found the taste preferences for bitter or sweet beverages aren't based on variations in taste genes but rather in the genes involved
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with emotional responses. that's a way of saying people like the buzz of the caffeine and the buzz of the -- cheryl: i disagree. i'm drinking dunkin vanilla coffee and i love it. i love the taste. >> if you're focusing on plain coffee, you're doing it for the buzz. lauren: i have purchased coffee that i don't like us because it's bitter and all the sugar in the world won't make me like it and i've thrown it out. >> you disagree to review the university in chicago. lauren: i disa agre disagree we beautifulpeople.com, your source. >> i check it every day. lauren: coming up, we're headed out to churchill downs with a live preview ofs this weekend's 145th running of the kentucky derby. good morning, janice dean. she is live with a look at the fastest and frankly the most exciting two minutes in sports. see you in a bit, january.
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cheryl:janice.cheryl: a littleg there. ♪ termites, feasting on homes 24/7.
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she is live from what looks like a rainy churchill downs this morning. hi, janice. pretty in pink. jared: goo.janice: good morni. i need a microphone to talk. that would be a good idea. hi. not my first rodeo. you know what? it is raining. it's pouring here at churchill downs. and we have a flash flood watch here in louisville. but we still have the horses on the track, they're training right now. we saw roadster and improbable. both of those horses are bob badford's horses. yesterday i got a tour of churchill downs. they have a museum that i tell you, you have to come visit if you're ever in louisville. it's incredible. rachel collier took me around the you museum. i want you to take a quick look at some of the things we saw yesterday. >> this is the h trophy room. >> it's brand-new.
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we have all four of justify's triple crown trophies, starting with the derby, the preakness, the belmont and if all horses win the three races, they get this baby. >> just di phi i at justify is e that has gotten this model of triple crown trophies. janice: and the horseshoes. cheryl: janice? janice: hi. cheryl: that was awesome. janice: can you hear me okay? cheryl: can you hear us? we were looking at the tour of the museum. now we're looking at footage of i guess the kentucky derby from last year. so we're ready to go. what do you think is going to happen this weekend? who is your pick, janice? janice: there's three picks. all three are bob badford's horses, roadster, game winner and improbable. the weather is not the greatest, i'm not going to lie. the last three years i've been here, it has rained. last year was the wettest
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kentucky derby on record. and it is pouring right now. it is expected to clear up a little bit. we can take a look at the weather in the louisville area on the weather maps and i'll show you, we have heavy rainfall moving through and unfortunately that's going to be the story throughout the morning. we'll get a drying out period so you can see right there in louisville, 64 degrees. i'll need the hat today. today is the kentucky oaks. we're all wearing pink for breast cancer awareness and then tomorrow is the big day and it is going to rain. so hopefully those horses know what to do if it's a mudder. because that's what's going to happen. cheryl: gentleman's this genty your day today and tomorrow. dagen: good morning, i'm dagen mcdowell in for maria bartiromo. it's friday, may 3rd. your stop stories at 6:00 a.m. eastern. the trump economy, a new poll shows the president's approval rating on the economy hits a new
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high. that's ahead of the april jobs report, due out at 8:30 a.m. eastern time. this is the of most important number we look at every month, what to expect and what it says about the direction of this country financially. don't miss our special jobs in america coverage, starts at 8:0. meantime, ahead of the numbers, we have gains across the board on the u.s. futures, 57 point gain on the dow futures right now. this after another triple digit loss on the dow yesterday, it was losses across the board, 122 point loss for the blue chips. the markets finishing down but above the session lows. energy was the biggest drag of the day as oil prices tumbled. and in europe, take a look at england, france and germany. we have a little bit of green across the board. in asia overnight, we have the nikkei and shanghai closed for holidays, a gain on the hang seng. the kospi in south korea lower by about three quarters of 1%. facebook going crypto, the social media giant reportedly
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building a crypto corn you sighd payment system. the impact it could have on e-commerce. tom brady's target practice, the patriots' quarterback showing off his skills, taking aim at one hollywood star's home. "mornings with maria" starts right now. ♪ it's friday, friday, got to get down on friday. ♪ everybody's looking forward to the weekend, weekend. ♪ friday, friday. dagen: we begin this morning with the trump economy ahead of the big jobs report. president trump touting his economic achievements in an interview with fox news' katherine herridge. >> we have the strongest economy that we've ever had. we're doing phenomenally. we have the best unemployment numbers, african american,

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