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tv   FBN AM  FOX Business  July 1, 2019 5:00am-6:00am EDT

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bunch to talk about. >> look forward to it. >> always lou thank you. >> from new york. lauren: it is 5:00 a.m. here are your top stories this hour. a trade truce between the u.s. and china may push wall street to new today. president trump calling his meeting with china's president president xi-jinping and north korean leader kim jong un amazing. has the president redefined the art of the deal. cheryl: oil prices heading higher this morning on news that russia and opec could extend supply cuts into 2020. opec gearing up for a two day meeting that starts today. oil is up almost 3%. lauren: the pressure building on joe biden. his critics, are they writing his obituary too early. cheryl: get ready for holiday traffic fun. we'll tell you the places you should avoid this 4th of july. it is monday, it's july 1st. "fbn: a.m." starts right now.
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♪ i'm so gad so glad we made it. ♪ so glad we made it. ♪ you've got to give me some loving. ♪ give me, give me some loving. cheryl: welcome to "fbn: a.m.." good morning. i'm cheryl casone. lauren: good morning. happy monday. i'm lauren simonetti. cheryl: let's take a look at how your money is moving this morning. we've got green across the board on hopes of a u.s.-china trade deal, at least restart of talks. s&p is up 31 and three quarters and nasdaq up 129. lauren: the yield on the 10 year treasury is moving to the upside. 2.03%. cheryl: we have economic news to look out for, data on manufacturing will be coming out and construction spending.
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lauren: take a look at asia, markets in hong kong closed today. we are watching anti-china protesters retake to the streets. the shanghai composite skyrocketing 2.2% overnight. cheryl: finally, the global optimism is hitting european markets as well, as you can see. again, all of this thanks to the g-20 meeting. the ftse, the cac and the dax are all higher. lauren: he that's our top story this morning. wall street could hit new records today on a trade truce between president trump and china's xi-jinping this weekend. cheryl: the meeting one of the highlights in a weekend that was filled with several productive one on ones for the president. garrett ten any has the latest. >> reporter: it was a historic weekend with the eyes of the world watching as president trump met with kim jong un for a third time and last night after landing in dc, the president tweeted about the weekend, so many amazing things happened over the last three days, all or at least most of those things are great for the united states,
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much was accomplished. this meeting between the president and kim jong un was supposed to last just a few minutes but ended up lasting for more than an hour with president trump saying the two sides have agreed to get the denuclearization talks back on track. but he stressed that he is not in a rush to get just any deal done. >> speed is not the object. we want to see if we can do a comprehensive, good deal. nobody knows how things turn out. but certainly this was a great day. this was a very legendary, very historic day. >> reporter: the president's other big meeting the world was watching was with chinese president xi-jinping as they discussed their ongoing trade disputes and stalled negotiations to reach a trade deal. president trump said the talks are back on track but on fox news sunday the president's top economic advisor said there is no time line for the two sides to reach a deal. >> resuming the talks as the president said, continuing the talks which had been interrupted for a while, is very big deal.
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no promises. there's no deal made. there's no timetable. i want to emphasize that. the president said several times this is about the quality of the deal. >> reporter: two big meetings this weekend but very unclear about how either of those intense situations will play out. lauren and cheryl. cheryl: we are following breaking news out of hong kong this morning. there is chaos and violence, protests breaking out again today. these are live pictures on the streets of hong kong, just after 5:00 p.m. there in the afternoon. thousands hit the streets to once again voice their displeasure of a recently proposed extradition bill and the call for the resignation of carry lamb. lamb delayed any action on the proposal but hasn't officially taken it off the table. that's what the protesters want. this comes as we mark today the 22nd anniversary of the former british colony's return to china. people tried to break into hong
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kong's legislature earlier, smashing windows. police warning the protesters to stop charging before they begin to use force. lauren: we have sad news to bring you out of new york. a former new york city detective who was a leader in the fight for the september 11th victims compensation fund has died. luiz alvarez appeared with jon stewart last month before the house judiciary subcommity urging money to extend the money. he entered hospice care days later. he was diagnosed with cancer in 2016. he blamed his illness on the three months he spent in the rubble of the world trade center. he was 53 years old. cheryl: now to rising tensions out in the persian gulf. iran says it will soon breach uranium stockpile limits despite european efforts to save the 2015 nuclear deal. lauren: we have the latest from jerusalem for us. >> reporter: amid tension between the united states and iran, the deadline laid out by
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the iranians for breaching their uranium stockpile limit is 10 days away. this comes after a failed attempt this week by the remaining parties in the iran nuclear deal to apiece tehran by figuring out a way to get around u.s. sanctions. they said they will speed up uranium enrichment that will break the limit of the weight threshold laid out in the nuclear deal. the trump administration continues to sanction the iranian regime in an effort to discourage their nuclear production and provocative military action. iran's supreme leader and eight guards commanders were sanctioned by the administration after iran shot down a u.s. drone earlier this month. despite the economic actions, president trump said this weekend at the g-20 success mitt in japan that he was in no rush to deal with iran. british prime minister theresa may attended the summit and expressed a need for diplomacy. it's been almost two weeks since
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iran carried out an attack in the persian gulf. this lull may give diplomatic channels a chance to work and find a solution in the near future. lauren: let's get to other headlines this morning. 10 people are dead after a small twin engine airplane crashed into a vacant hangar yesterday near dallas. officials say no one survived the crash at the addison municipal airport. the plane crashed and burst into flames shortly after takeoff. an investigation is underway. amazon founder jeff bezos' divorce expected to be the most expensive settlement in history. reports say bezos will pay $38 billion to his soon to be ex-wife, mackenzie bezos. she is said to be taking a 4% stake in amazon, making her the fourth richest woman in the world. a trial date has been set for elizabeth holmes, in august of
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2020 and it is expected to last three months. she is accused of lying to doctors and patients about blood test results. thernos reached a valuation of $9 billion before unraveling. pepsi is testing water in cans. they will start using aluminum cans for water starting next year. the company said the switch is expected to remove more than 8,000 metric tons of plastic from the environment. cheryl: a couple of big stories we're following here. of course, that trade truce if you will, that meeting between president xi-jinping and president trump really giving investors optimism now that talks are going to restart, some of these restrictions lifted off of huawei, that maybe just maybe a trade deal is in the future. dow up 271, less than a percent away from a record close, the s&p less than half a percent away from a record close. we could see new records for the dow and s&p today.
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nasdaq has a little ways to go but that index is actually up 1.68%. strong day for markets. we're also watching oil, of course the saudis and the russians talking about more production cuts, that's putting pressure on the contract we watch in this country, and that is wti, up 2.7%. brent also over in europe that we're tracking has been higher as well. well, the green that we are seeing across the board coming on the heels of a trade truce again between the united states and china. but what the cease fire is going to mean for you and the fallout for telecom giant huawei. and if you're planning a big trip, you might want to be careful. the newest way hackers can get to you. you're not going to believe where they can get to you. you're watching "fbn: a.m.." ♪ got to break it up now. ♪ when i think about tomorrow. ♪ ooh, i can't wait to --
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cheryl: a sigh of relief for invests after president trump and chinese president xi-jinping agreed to h resume trade talks when they met in japan over the weekend. the president discussed the meeting with fox news' tucker carlson in an exclusive interview which airs in full tonight.
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watch. >> you just recently hours ago met with the chinese president, xi-jinping. >> i did. >> are you closer do you think after that meeting to a trade deal? >> i think so. we had a very good meeting. he wants to make a deal, i want to make a deal, probably the largest deal ever made of any kind, not only trade. we got along very well. we understand each. cheryleach other.cheryl: riley. the two leaders had a good one on one, and a face-to-face. there's optimism out there. both gentlemen face pressure at home. i think the pressure is different. chinese president xi-jinping is facing some communist party leaders who don't want him to give anything to the united states and president trump is getting pushback from some in his own party, like marco rubio. what do you make of what we saw over the weekend? >> i think the truce that we have, that we saw over the last weekend is good. it's good progress. certainly the last thing we want to see is an increase in tariffs. now i think we can start working towards removing the tariffs that have been in place until
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this date. potentially we could have a deal by the end of the year, i think. i'm an optimis optimist on this. both sides are getting pressure, both ways, to get a deal and to not get a deal. cheryl: edward lawrence ran into secretary ross at the airport as he was departing south korea and mr. ross said nothing is on the books, i'm optimistic but nothing is on the books. all of this has to be lower level discussions. that's where things fell apart before. how likely are we to make advances on the lower level side? >> we could see in a week things fall back apart. that's the way things have been going over the last year. there's a lot of uncertainty in the progress of these negotiations. again, though, i think the president -- he wants a deal. he said it himself. president xi, he wants a deal. i think eventually we will get there. the problem is how long it will actually take. over the weekend, we didn't hear details about what was agreed. i think there's going to be a lot of pressure from washington to find out what was in the details.
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cheryl: what do you make about huawei becoming a bargaining chip in the trade talks? we thought those two issues would be kept separate. now it's intertwined. maybe that's not a surprise to you or other policy watchers out of washington. but how haway howway -- huawei n called a national security threat to the country. now u.s. companies will be selling them equipment. was this the right move? >> a lot of details need to be figured out. we need to find out what actually was agreed upon. the president, he has -- cheryl: u.s. companies will be selling equipment to huawei. i mean, they're not -- we're not going to be taking their smartphones right now but this is an opening up of the relationship. >> the president said he's not going to really back down on our national security interest. so again, finding out what the exact details are when it comes to huawei and the trade deal, i think there's going to be a lot of pressure from washington on this. certainly we don't want to see our national security concerns used as a bargaining chip for a trade deal. cheryl: well, it's there now.
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anyway, investors are loving it. futures are looking great. riley, thank you so much. dow up 257 on all this in the premarket. you can watch tucker carlson's exclusive interview with president trump tonight 8:00 p.m. eastern on the fox news channel. lauren: the chinese market up big on this as well. trip advisor releasing its travelers choice awards, ranking the best travel experiences of the year. number one is the city wonders guided tour of the vatican. the sistine chapel and saint peter's in rome. the package allows you to skip the long lines at the sites. it allows you to gain access to restricted areas of the vatican and touring with highly trained expert guides. cheryl:.cheryl: they wouldn't n the vatican. i was wearing shorts at the time. lauren: cover your shoulders,
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cover your legs. place of worship. cheryl: we have futures up strong, big start to the trading day as the u.s. and china came to a trade truce over the weekend. dow up 251, about a percent away from a new record, s&p about a half a percent away, s&p up 29, nasdaq, we've got a while to go. it's up 125. we shall take it. coming up, is former vp joe biden losing his touch? why after this weekend he may want to watch his back. and a new report says the grubhub has been jacking up restaurant prices. huh. details ahead, "fbn: a.m.." ♪ whoa, whoa, i never realized what a kiss could be. ♪ this could only happen to me. ♪ can't you see. ♪ can't you see. ♪ that when i --
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lauren: still benefiting from her debate performance, kamala harris climbing into third place in a new poll by morning consult. she has support of 12% of those polled, double what it was before the debate. joe biden still leading the pack but his standing slipping to 33%. is the media and are critics placing too much emphasis on one debate in a series of 12? let's ask emily larson of the washington examiner. what do you think about that? >> i think there is a point to that criticism, that this is only the first he debate. we have many more to go. many voters aren't paying attention to the democratic primary race yet. it's a long campaign season. i do think that joe biden and his team should be worried right now. he had a lackluster debate performance. kamala harris had sort of
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skyrocketed in this debate performance and depending on whether they're going to be able to bring his debate performance back up-to-speed and be able to brush off some of these attacks in a stronger stature, that's the question of whether he will continue to drop or not. lauren: joe biden has a long history of legislation, of civil rights advances, take a listen here to senator lindsey graham. >> anybody that knows joe biden, there's not a racist bone in his body. that's not a cliche. that's a reality. but the narrative is that maybe it's not his time and thats he's not up to the task. i think you'll underestimate joe biden at your own peril. lauren: do you think voters are considering that history, not just the 60 seconds on the debate stage. >> that's something the left leaning voters are considering. the party and the democratic
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primary this time around is sort of a race to the left, we're seeing very left wing policies like medicare for all, many candidates on the debate stage said they would support giving free healthcare to undocumented immigrants. and so this is something that joe biden is going to have to deal with, even if the vast majority of voters and including republican voters might think that he does have strong civil rights record, this is something with his recent comments even over the weekend about having a hoodie and five years ago it was okay to make fun of a gay way tear, thes -- waiter, these are things that will get him in trouble with the base and give him negative headlines in the media. lauren: as the party moves, lurches left, do you thinks there's room for evolution of culture, for making a distinction between what anyone in this case, joe biden, said or did or supported decades ago and where they are now? >> there is definitely a
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distinction of culture aspect but the question is whether voters will think biden is the person to carry the torch of the democratic party into the future. i don't know if we know the answer to that yet. lauren: emily, thank you very much. cheryl: walmart is turning to virtual reality to help hire new middle managers. the wall street journal says the company is using a vr head set for skills asetment to see how -- assessment to see how workers handle scenarios, maybe a messy shopper or aisle. vr training is used in a variety of industries to educate workers or to assess the technical qualifications of more high school workers, maybe like pilots or electricians. lauren: i'm sure it's cheaper too. cheryl: different ideas. lauren: if you checked, it is july 1 today. happy july. if you look at futures, absolutely surging on the trade truce coming out of the g-20 oveover the weekend.
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the dow coming off the best june since 1938, it's up another 1% this morning. 255 points to the upside. still ahead, president trump returns from that historic meeting, not only with xi-jinping of china but also north korean president kim jong un. is kim heading to washington next? what is the future or the possibility of a deal with north korea? and just in time for summer, starbucks with another colorful concoction that can light up your instagram feed. keep it here on "fbn: a.m.." ♪ "curiouser and curiouser," said alice. "the rabbit-hole went straight on like a tunnel for some way." "i've seen a cat without a gri, but a grin without a cat." hey, mercedes, end audio.
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lauren: let's the take a look at how your money is moving this morning. you're going to see a big rally, dow futures surging 257 points, s&p up 30, nasdaq the best of
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the bunch, up 1 and two-thirds percent, 125 points to the upside on this first day of the new quarter and the second half of the year. let's take a look at the yield at the 10 year treasury, 2.03%, investors keeping an eye out for data on manufacturing and construction spending at home. in asia, a measure of chinese factory activity, contracting, showing the effects of the trade dispute but after a successful g-20 and a return to the negotiating table, the shanghai composite surging 2.2%. green on the screen in europe, particular attention to the european chip makers. they're surging after the u.s. softened its stance against huawei. cheryl: investors, are they getting ahead of themselves? president trump has become the first sitting american president to step foot in north korea. he met with kim jong un at the dmz and made history. >> i asked him, i said would you likme to come across the line, e said i would be honored to do
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that. i would be honored. i didn't know what he was going to say. it was my honor to do it. we had a very good meeting. cheryl: retired general, daniel davis joins us now. this was quite something we saw. what did you make of president trump walking across the line? >> yeah, i thought -- obviously, it's very historic. but it's also very optimistic and makes me think there's actually a good shot of getting tensions resolved and moving down the road towards piece. towards peace.there was a good n hanoi in february and some of the advisors pushed president trump in the wrong direction, and pushed him toward denuclearization which has no chance of success. it appears he'll take a different track, now we'll look for peace first and then confidence building measures and maybe later on denuclearization, all of which is in our interest
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to do so. cheryl: it may be too soon, right, to know what we got out of this? can we trust kim jong un in north korea? >> certainly not. we would never just trust him. we do have to build confidence if we ever want to get to a point where they actually have a shot of getting rid of their nuclear weapons. the way you do that is you build confidence while seeking peace. i think that's something that all sides want, north korea, south korea definitely and also president trump. once you get that, the next steps become more and more possible. if you try to go for the everything up front, you'll get nothing. cheryl: we saw president moon you along side president trump n the sound bite we just played. south koreans want something worked out. anything we do with north korea has to involve china. how will the relationships look at their best, in your opinion? >> well, china is important but right now i think china's actually a secondary topic. the most important thing right now is the united states, south korea and north korea.
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i think if those parties come together and we start to improve, i think actually the best thing we can do right upfront is to encourage cooperation and deepening of economic and other cooperation between south korea and north korea because if you have those two starting to move towards peace, everything else becomes possible. there's nothing guaranteed as you pointed out but with this, things become possible whereas before there was no talk, no dialogue and nothing was possible. cheryl: that's true. i do want to -- real quick question on the pressure here at home on the president. democratless coming out swinging over the weekend, criticizing his move, even joe biden saying he's coddling dictators, that was biden's response to all of this, the campaign reaction anyway. the president's going to get criticized. does it hurt him at home. do the parents of otto warmbier become part of the news cycle again? will there be more reaction today? >> i think in a political campaign, you're going to take a hit from the other side no matter what.
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the bottom line, if you're not working towards peace, as bad as things were with otto warmbier, you don't want the potential for more of those in the future. if you can move towards peace and reduce the chances that any of our friends in south korea, that they could ever face war, that is a huge win and you have to take risks to get something like that. cheryl: our military is sticking by the military men and would when who the president saw over the weekend and they have been serving us in such great capacity, as have you, colonel davis. thank you. >> thank you very much. lauren: a two-day meeting of opec underway in vienna. the price of oil hitting a five week high as supply cuts are extended for at least six months. this as drivers get ready to hit the roads for the 4th of july this week. let's bring in fox business contributor phil flynn from price futures group. phil, what is driving the price of oil above $60 right yo $60 r? >> it's really strong demand. the talk of slowing demand that
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everybody was worried about hasn't happened. and again, it's the 4th of july. opec knows how to mess up a u.s. hole day, right? cut production, get gas prices up. they do it all the time. it's a combination of things. listen, the u.s.-china trade talks, if they get back on track, that's going to increase demand expectations. we already have seen the impact of stimulus around the globe when it comes to energy demand. chinese oil imports hit a record high, gas demand in the u.s., so all this talk of slowing demand has been overstated. lauren: i hear you. how real are the mideast tensions? a lot of people say we have plenty of oil here at home, we're independent. who cares about the tensions in the middle east. is there anything to that? >> well, there is. listen, if we didn't have as much production as we had here in the united states, oil prices would probably be $10 a barrel higher than they are. but that doesn't mean we're immune to this. this is still a situation where one-third of the global supply
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could be at risk. if that happens, nobody will be immune from the fallout from it if it gets cut off. lauren: 4th of july is thursday. the price of gasoline nationwide is now $2.72 a gallon, up a nickel he'll in the past week, likely going higher. you've got had that fire and that closure of the biggest refinery on the east coast. and you also have going into effect today gas taxes in a dozen states. california might see $4 gas again soon. does that mean this end of $1.99 gas, that hope of the nationwide average going below $2, is over? >> it is. i'm sorry about that. hate to ruin the holiday. but it's probably over for the short term. and one of the biggest concerns of course i have is the states, we have four different states really ramping up gasoline taxes. here in illinois, they're doubling the gasoline tax, raising it 19-cents a gallon. right now, the economy is good. unemployment is low. and we can he get away with
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that. but if we see any struggles in the economy, this is going to hurt the most vulnerable in our economy. so just by jacking up gasoline taxes to replace money for bad state management isn't the right answer and it's going to hurt a lot of people. lauren: it sure will, just in time for independence day. thank you very much. i think thank you, phil. cheryl: ba b a bah, humbug, . we have other headlines we're watching this morning. new accusations against the app grubhub, new york post is reporting that grubhub created thousands of website that mimic other restaurants. grubhub telling the post it created domain names for restaurants as a service to them but they have now stopped this practice. better watch your back the next
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time you stay at a hotel. thieves are targeting hotels more and more, some of the valuable data that passes through them, like credit card information and trade secrets. security experts say thieves target electronic door locks to burglarize rooms and malware attacks for credit card swipes. thousands of fireworks have been recalled ahead of the 4th of july holiday. grandma's fireworks is recalling more than 37,000 because they're overloaded with explosives. this can increase explosions and burn hazards to consumers that may use them in their backyard. starbucks has a new drink in the works. reports on social media say they're making a tie dye frappuccino. it will be in stores for five days. starbucks famous for doing short-term drinks.
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lauren: they should have done it for pride. cheryl: exactly. lauren: still ahead, as more a and more consumer drones interfere with airplanes, airports are fighting back and we have details you need to know. the 2019 wimbledon tournament kicking off with a multimillion dollar purse in the balance. the highlights and so much more coming up on "fbn: a.m." ♪ can only make me stronger. ♪ i need to hurry up now. ♪ because i can't wait much longer. ♪ i know i got to be right now. ♪ i can't get much stronger whoa. travis in it made it. it's amazing. oh is that travis's app? it's pretty cool, isn't it? there's two of them. they're multiplying. no, guys, its me. see, i'm real. i'm real! he thinks he's real. geico.
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cheryl: here we go, we've got a real strong start to your monday. you can thank the presidents of china and the united states for this one. stocks rallying this morning after the president said the u.s. and china will go back to the table, resume the trade talks. nasdaq is up 130. we are really close to records today for the dow and the s&p. what is now by the way the longest economic expansion in u.s. history has just wrapped up. president trump once again criticized the federal rereceive for raising -- reserve for raising rates last year. >> the fed has not been a help to us at all. despite that, we're winning and we're winning big. we created an economy that is second to none, greatest in the world. cheryl: will the fed postpone the expected interest rate cut at their meeting.
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gus gasko joins us now. i'm not going to ask you to get if jay powell's head. they have been telegraphing we'll get rate cut later on this month. the rate cut is good for markets but isn't that a bad sign for the economy, that they're seeing something weak out there and that will give us concern about a potential recession. >> there's two parts to this. i agree, sometimes that does cause concern. in this instance it doesn't. chairman powell said he wants to be accomodative. the markets are discounting he will come through with at least one cut, if not two. companies have been holding off in terms of making investment because of the china-u.s. trade tensions. the consumer is actually doing very well. it's pushing rates lower so more money is going into the hands of cons officers. cheryl: i've been looking at the june survey from the wall street journal economist, only 4.9% say they expected the next recession to start this clear.
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year. nearly half said they expect one next year. have to point out that's an election year but also the fact that they're seeing something maybe we're not go the markets are discounting what's going to happen next. rallies don't die of old age. they die of basically the economy starting to slow. the things we're looking at are employment, that's strong. you'll get an employment number this friday that should be above expectations. at least that's what we're discounting right now. if you're looking at the consumer, the consumer is strong, r they're putting money to work. if you want a job, you can have it. that's one of the underlying factors that helper pet wait the economy -- help per pet way the economy. cheryl: we are at record low unemployment. the stock market is incredible. if we don't see wage growth, couldn't that be a drag that the fed might look at when they evaluate the quote, unquote, data they have to evaluate. >> i think that's one of many factors. productivity growth started to
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improve. we got up to 3%. to look at the prior administration, it was below 2. when you have productivity growth at those levels. >>, you canpass along increasesf wage increases and not have to raise prices. there's no inflation in the system right now. we're going to get back to a system where you're putting more money to work into cap ex which allows us to get more productivity and improve the economy. it's one of the best times we've had in a long period of time in terms of economic and employment growth. cheryl: we'll start getting second quarter earnings. it will be interesting to see how businesses have been reacting to the trade concerns and the tariff threats that as of now aren't going to increase. we'll see what companies say to us. he'll we'll have you back for that. gus, great to have you on the show, thank you. >> thank you, cheryl. lauren: drones are becoming less expensive and more popular. with the devices causes havoc for airlines, counter drone technology starting to make its way into airports across the globe.
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cheryl: claudia cowen has that for us. >> even a small drone can hit a full scale aircraft and cause it to go down. >> reporter: a drone enthusiast and retailer, rob watkins, says rogue fliers put the public at risk. >> they're not making themselves informed about where it's safe to fly. >> reporter: irresponsible fliers are a problem, as well as drones being used to disrupt airport operations. drone sightings caused a three day-shut down in london and left thousands scrambling. in recent months drone activity has grounded flights in dubai, new zealand, israel and new yack, new jersey. in 2017 a drone stuck a commercial plane in quebec city, canada. no one was hurt. aviation experts say the threat of catastrophe warrants tougher action by the faa. >> all i've seen from the faa is
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we're going to pass rules and regulations. that's not what we need. we need to be able to identify a drone and identify who is operating it. >> there's one sender what we call it normally, headed from the roof top. >> reporter: d-drone is developing systems that detect drones in unauthorized air space. >> every airport has multiple drone sightings a day. so on average, the place where we installed, we have two two sightings a day per airport. >> reporter: the chaos caused by a drone buzzing around an airport is equal to roughly $100,000 a minute, a big reason why anti-drone technology is taking off at airports around the world. at the oakland international airport, claudia cowen, fox news. lauren: coming up, the yankees cross the pond for a stellar performance in london. we'll tell you about the team's record run.
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cheryl: big name players are changing teams in the nba. lauren: they sure are. matt napolitano is here with who is going where. >> great to see. kd headed to the bk. kevin durant announcing that he will sign with the brooklyn nets. it's a four year, $164 million deal for the two-time finals mvp. kyrie irving also joining him in
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brooklyn. we'll go from bk to britain, the new york yankees coming away with a sweep in mlb's first regular season games in europe. the yankees took two against the boston red sox. 12-8 the final yesterday. both seems greeted by the duke and duchess of sussex prior to the game on saturday. each team gifted the royal couple with a onesy for their baby. wimbledon gets started today. it opens up with first round action, and we'll move on to the next story here, the $33,000 hit job gone wrong, that's how police in dominican republic are describing the shooting that wounded david ortiz. officials arrested the alleged mastermind who paid for the hit on his cousin but a case of mistaken identity led to the
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attack on big poppy. the new york mets honoring the a 508th anniversary of their -- 50th anniversary of their championship saturday. they flashed the names of the players who passed away. one problem, two players listed were still alive. they got apologies from the team for the mentions. the mets tried to right the wrong last night with a message at city field, noting the mistakes, only to misspell jessie hudson's name on the big screen. i say that lovingly as a mets fan, that is so mets. cheryl: it's been a rough year. >> it's been a rough go. they actually won last night, ended the skid, it's a hard road. someone's got to do it. cheryl: we'll pray for you. >> thank you so much. lauren: thank you. we may want to pray for a little bit of cool air because the heat is on across the east. cheryl: it was a scorcher over the weekend. adam clots is live in the fox
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weather center with forecast. >> no relief in sight, staying very warm out there this morning, only going to get hotter during the heat of the day. the warm air was in the middle of the country, currently 77 degrees in kansas stitch this will be shifting to the southeast east over the next cub couple days. the forecasted highs today a little lower than over the weekend. we're talking about 99 degrees or 95 degrees, i don't know how much of a difference that feels like outside. spots running up into the upper 80s, lower 90s. it will be steamy from the plains to the midwest, eventually running more along the east coast. if you see these numbers jumping up into the middle 90s by tuesday. by wednesday, the heat shifting to the east. this is the feels like temperature, you add in the humidity, call it air you can wear, that's when the numbers run back up into the triple digits. later in the week, the numbers get close to 100 degrees.
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the 4th of july forecast, again, spots all running up in the 90s, from the middle of the country all the way to the east coast. it's going to be a scorcher,. lauren: adam, thank you. cheryl: we've got a lot more coming up this morning. a techs as woman had an interesting plan to save money at walmart. it got her banned from the store. lauren: by the way, what she did, i do all the time. cheryl: i'm sorry i heard that. [ laughter ] lauren: i think you do too. cheryl: i know what she did. holiday traffic fun starts this week. we will tell you the places you should abs a lieutenantly avoid this 4th of july. -- absolutely avoid this 4th of july. you're watching "fbn: a.m." ♪ baby, don't move
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which led to the discovery that sometimes a little down time can lift you right up. expedia. everything you need to go.
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>> good jam. >> i know. a woman in texas reportedly we wanted to buy a cake and save some money, according to wichita false police department, the woman ate half the cake and refused to pay the other half. banned from police, 6 months after woman banned from retailer
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from drinking wine u out of sprinkles can. >> confession, i eat and buy but i pay. new york, boston, houston, seattle expected to have delays that are at least 3 times longer than usual. now, if you want to get ahead of all this, wednesday july 3rd is the worst day, aaa says 80% of travelers will be driving, more than 41 million people on the road. >> good times, finally this, the money woes are keeping you up at night, you're not alone, more than half of americans are kept up worrying about their financing, gen xers stay up concerned about money, 54% of baby boomers. lauren: dagen mcdowell in maria bartiromo this morning. dagen: good morning to everyone,
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i'm dagen mcdowell in for maria bartiromo. monday july the first, u.s.-china trade truce, say that 7 times fast, president trump meeting with xi jinping agree to go get talks back on track, the news pushing markets higher as we kick off the second half of the year and look at them go at 267 point gain on the dow futures this morning, the dow and s&p 500 poised to hit new records at the open and we are coming off what was a strong, strong first half of the year, the best june since 1938 for the dow, the s&p having its best first half of the year in 22 years. we will follow up with that this morning, in the meantime historic meeting, president trump first president to cross dmz demilitarized zone, meeting with kim jong un, what this could mean for denuclearization in the region.
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more trouble for boeing, the department of justice probe reportedly extending beyond the grounded 737 max jets, those details ahead. and big money moves in the nba, kevin durant heading east to brooklyn along with another big star, mornings with maria begins right now. ♪ dagen: top story markets rallying on the u.s.-china trade tuesday truce, 370-point gain on dow futures, but gains across the board on 1% or more, futures there in short trading

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