tv FBN AM FOX Business July 5, 2019 5:00am-6:00am EDT
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thanks so much for watching "strange inheritance," and remember -- you can't take it with you. cheryl: it is 5:00 a.m. here are your top stories at this hour. could be a record day on wall street today as we gear up for the june jobs report which could provide insight into whether or not the federal reserve will cut interest rates overnight. plus, a china trade deal may be in trouble. lauren: president trump delivering his first salute to america address, praising american patriotism and our armed forces. but that american pride wasn't felt everywhere in dc. did president trump just prove his critics wrong? cheryl: california rocked an earthquake, the worst in two decades. could more quakes be on the way? lauren: joey chestnut is still
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the top dog. some fans are not impressed. it is friday, july 5th. "fbn: a.m." starts right now. ♪ i've been shaking. ♪ i love it when you go crazy. ♪ you take all my inhibitions. ♪ baby, there's nothing holding me back. ♪ lauren: welcome, everybody to "fbn: a.m.." the day after the 4th of july. we hope you had a great pen independence day. i'm lauren simonetti. cheryl: i'm cheryl casone. lauren: you have u.s. futures all three major averages at record highs on the close wednesday. today, small pullback, dow down 44. cheryl: the yield on the 1 0* yea10treasury is up by 9 basis
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points, 1.96%. we're gearing up for the fed meeting later this p month. >> oil, 5 $56.60 a barrel. cheryl: it's a mixed picture in asia. the nikkei and kospi barely in the green. lauren: in europe, stocks are trading to the downside, losing a quarter to a third of 1%. cheryl: our top story, stocks g at record highs this morning after wall street celebrated the 4th of july on wednesday. the dow, the s&p, the nasdaq all closed, up about 7/10 of 1%. lauren: the fireworks came a day early. the gains came as traders a await the june jobs report, due out this morning. here is the expectations, 160,000 jobs added, more than double the number created in the month of may. the unemployment rate is expected to hold steady, a 50 year low at 3.6%.
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cheryl: let's get a closer look at what's ahead for wall street. michael lee, market strategist is with us this morning. the question is the jobs report. that's the next hurdle we have to get over, that's at 8:30 a.m. eastern time. wages a little weak but it looks overall like we're going to get a pretty decent number. >> what's really important to look for every time a jobs number comes out is the revisions. the number that comes out will be revised twice. what will we see from two months ago and the final number and the revision from last month. if we get 1 a 50 to 17-150 to 170 range, i think the market will take it in stride. it's almost certain we'll get a rate cut, as well as the economy is not coming to a screeching halt. lauren: you expect it to be in line, and the fed most likely to cut. >> i think the fed's going to cut. lauren: no matter what. >> i'm hoping for an in-line
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number so we get another record high today. cheryl: we've had breaking news overnight out of china. and this is with regard to trade talks with the chinese. basically state media is reporting that the chinese are going to go down the red line this week and this could be a market upset if you will and part of it is they basically say huawei is the biggest problem and they want the restrictions lifted. we haven't done anything with that yet. a court decision came out, the u.s. government lawyers are saying they had ever right to ban huawei. the language it getting negative between the two of us right now. >> yeah. huawei is a tool of the chinese equivalent of the cia. that's really one of the most interesting sticking points for this trade deal. i ultimately think a trade deal will end up getting done. how we're going to handle huawei i think is going to linger on for many years to come beyond that. lauren: the gains that we saw, all three major averages at these levels we've never seen, it was the first record for the
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dow of 2019. is it feeling long in the tooth, this expansion? >> it can feel that way. we're at 16 to 17 times forward earnings. for us to get to 1999 valuations we would have to get up to 25, 26, put the s&p 500 at 43 or 4400. we have a long way to go for valuations to get stretched. we have a strong consumer, some trade headlines but we can go higher from here. cheryl: even if the trade deal falls apart. the meetings are next week. it's the 12th round of sit-downs we've had with them. >> as i've been saying for a while, if they fall apart, and the market sells off, that would be a buying opportunity. every one of the dips has proved to be a fantastic buying opportunity. cheryl: a lot of the u.s. companies will be telling us this is as the trade war and tariff war, if you will, was really underway for the second quarter in particular. so that's going to be kind of -- that could be some interesting numbers and maybe not good ones. >> what's great is expectations
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are extremely low for this quarter, so as long as earnings aren't an a absolute disaster, i don't expect a material impact. the story is the fed's cutting rates. the consumer's in great shape and labor market's in fantastic ship. while the rest of the world, there's issues, seems like the trainees headed full steam ahead in the u.s. lauren: the consumer has been very resilient. businesses are pulling back. manufacturing is slowing down. does that -- is that concerning? that could show up in jobs data today. >> it will be interesting. if the economic data starts to fall off a cliff, i would be more concerned. i don't see it. there's so much momentum here. what you're seeing is a lot of -- you're seeing a lot of bad data overseas. part of the reason for that is the tax cut and deregulation here. it's a much more attractive investment in the u.s. lauren: this is a quick cheryl always asks. if you're so bullish and everything looks so great, why would the fed need to cut rates?
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>> we're at war with the rest of the world from a trade standpoint. the u.s. consumer and u.s. economy is doing great, half the country doesn't have 500 bucks in their pocket for an emergency. that has to do with the flight of manufacturing and everything that has left our shores. cheryl: that's why i think the wage gains will be interesting. it's more than 3% year over year but only 0.3% month over month. if you don't see that -- again, if the fed does cut rates, that means the economy, they're seeing weakness in the economy. that always worries me. >> look at the manufacturing data, the estimate is 6,000 new jobs. hopefully we get. cheryl: we'll have complete coverage and analysis of the june jobs report on "mornings with maria," 8:00 a.m. eastern time. lauren: looking forward salute to america striking a patriotic cord in washington, d.c. and president trump praised the country and military but the american pride wasn't felt everywhere in dc.
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griff jenkins joins us more on the american celebrations and the clashes. >> reporter: as thousands gathered along the national mall under rain and stormy skies, president trump marked america's 243rd birthday by honoring the u.s. military, placing them at the center of his address to the nation. >> for centuries our soldiers have always pointed toward home, proclaiming this we will defend. there is no substitute for victory. they are the greatest soldiers on earth. >> reporter: avoiding the partisanship that many predicted, the president saluted america, paying tribute to the armed forces with flyovers from helicopter gun ships, a stealth had bomber, culminating with the blue angels. the president called or americans to continue the legacy of the greatest political journey in human history. >> we must go forward as a nation with that same unity of
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purpose. as long as we stay true to our cause, as long as we remember our great history, as long as we never, ever stop fighting for a better future, then there will be nothing that america cannot do. [ cheering and applause ] >> reporter: but some chose to protest outside the white house. a flag burner was arrested as a small crowd cheered the desecration. >> five, six, seven, eight -- >> america was never great. >> reporter: an anti-trump group brought their baby trump ballo balloon. >> you see the military parade thing and it reminds you of north korea or nazi germany. >> there shouldn't be tanks at the capitol for this. that's just not normal. >> reporter: all in all, a wet and peaceful independence day.
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it was pretty remarkable and it was free of political rancor and division. we'll have to see what the 2020 democrats have to say on the trail today. cheryl: we'll have a he preview of that later on in the show. he's teasing ahead for us. griff jenkins, ladies and gentlemen. scary moments caught on camera. when a 6.4 magnitude earthquake rocked southern l california. this video taken inside a los angeles newsroom shows the intense swaying caused by the region's largest quake in 20 years. if we can get that video up. lauren: aishah hasnie has the latest for us. she filed this report. >> reporter: good morning, lauren and cheryl. there was just a 3.5 magnitude aftershock reported just about an hour ago and seismologists are warning everyone in the area, there's a high chance that there might be a 5 magnitude or even bigger earthquake coming in the next couple of days.
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now, this surveillance video here near the epicenter shows bottles and food just thrown all over the place from the shelves inside a convenience store. and this video, take a look, shows panicked folks running when they feel the quake happen. now, the quake caused multiple injuries, house fires, gas leaks, and cracked roads. >> i could see him really shaking and it's like it's really happening. it was intense. >> a rolling earthquake, long, like 30 seconds long. >> it was rolling. >> reporter: the moment was also captured on live tv as the herd on fox sports 1 experienced it in front of millions of viewers. watch this. >> suddenly you think obj and olivier vernon. >> we're having an earthquake right now. >> we are having an earthquake. i thought somebody was grabbing
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my desk. i've never been in an earthquake. certainly not on the air. >> reporter: california governor gavin newsome tweeting he approved an emergency proclamation for the earthquake and aftershocks. grateful for the work of our first radio corresponders, he said, office of emergency who have been working with those impacted by the earthquake. as those aftershocks continue on this morning, people are afraid, terrified of what might come next in the next couple of days. lauren: we'll have more on that in just a bit. thank you. cheryl: well, an iran oil tanker seized in gibraltor. it was impounded for trying to take oil to syria which violates eu sanctions. the seizure requested by the u.s. according to a senior spanish official. iranian leaders say they will not negotiate a nuclear deal with the u.s. unless a approved by the nation's supreme leader.
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he's ruling out all talks with the u.s. while under pressure and is demanding president trump remove he heavy sanctions againt the country. lauren: joey jaws shea chess ns -- chestnut is top dog. he dominated in the annual coney island competition, devouring 71 franks in 10 minutes. he fell short of breaking his record from last year which was 74 hot dogs. in the women's division. mickey sudo retained her title as champion. she ate 31. let's take a look at joey there. cheryl: i'm good. i'm good. i don't want to watch this video. lauren: 71 hot dogs. cheryl: we've got a lot more coming up. californians recovering from one of the strongest earthquakes to hit the area in 20 years. are more quakes on the way? would you spend $40,000 on a sin l gel cocktail.
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strongest quake in 20 years in the area. >> it almost felt like the house itself was like on the ocean, like just rolling, and i could see everything moving and the chandeliers -- >> my whole apartment started moving and everything started swaying and the roof cracked. sounded likes hundreds of pebbles hitting the roof. lauren: gavin newsom declared a state of emergency for kern county. joining us now is jared barios. at least 150 aftershocks were felt, may still be felt. did you feel it, where you are in los angeles? >> i was outside walking my dogs. when you're outside, moving, you don't feel it as much. i didn't feel it. but when i got home, my son was pretty shaken by it. yeah, and we're in downtown los angeles, right near all those skyscrapers, a lot of my friends in those skyscrapers reported it
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shaking, the buildings sort of swaying back and forth, which is what modern construction does in those large buildings to absorb the shock. so yeah, we felt it. lauren: we were looking at a map, ridge crest is small, a town of 38,000 people. is there a fear that now that earthquakes are starting again, that the big one that everybody fears could be coming and it could strike a population much bigger than ridge crest? >> absolutely. so the greatest shaking that was found was just east of ridge crest, but it was the mojave desert where nobody lives. much of it was absorbed by land in california that wasn't actually populated. if that were to happen of course again, in a larger population center, and this is one of the largest metro poll taken areas in the -- metropolitan areas in the country, it could have been
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much more damaging. you could have seen greater damage. we worry about that. lauren: define the damage. we're looking at fires, also gas leaks. define the damage. >> the damage that was reported, mostly it was homes that were destroyed were mobile homes. there were commercial establishments that we've heard from where stuff was knocked off shelves, a couple roofs were damaged, grocery stores, but it wasn't really serious. that's largely because we saw the energy kind of go rolling away from the center and it wasn't really centered deeply in one particular location. i'm not a seismologist, but from what i've heard, we were sort of lucky in a that particular way that it was spread over a much broader area. which is why we didn't see more damage explicitly in ridge crest. lauren: jared barios, thank you very much. cheryl: all right. well, the fight over the census
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isn't over yet. today is the deadline for doj lawyers to come up with a rational for adding a citizenship question to the 2020 census. president trump now reportedly considering using an executive order to add it. earlier this week, the supreme court temporarily blocked it until more reasoning could be provided. lauren: let's take a look at how your money is moving this morning. stocks slightly retreating as investors await the june jobs report. it's in wait and see mode here. the dow up four days in a row and that right now is in jeopardy. well, democrats continue to criticize conditions on our southern border. >> these women were being told by cbp officers to drink out of the toilet. lauren: but are they wrong? we have a look at the conditions in some of the migrant holding centers along the border. and we'll tell you why you may want to run out and -- remember
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lauren: as customs and border protection officials keep up their pushback against allegations of inhumane treatment at their facilities, we're getting a look at the conditions in some of the migrant holding centers along the southern border. cheryl: anita vogel has all the details. >> this is a combination of toilet and sink, the sink provides fresh water. >> reporter: a show and tell inside a detention facility along the arizona bore decks after democrats a-- border, after democrats alleged inhumane
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conditions, including no fresh water for migrants being held there. >> they put them in rooms with no running water and these women were being told by cbp officers to drink out of the toilet. >> reporter: not so, says roy vileral, chief patrol agent, who showed supplies, toiletries, food and fresh drinking water, he says are all available for the illegal immigrants in the facility. >> there's nothing wrong with the water. we're not forcing them to drink out of the toilet. >> reporter: this comes after some democrats called for the detention facilities to be shut down over what they have called squalid conditions. president trump had a different take on twitter, tweeting, quote, many of these illegal aliens are living far better now than where they came from and in far safer conditions. the president went on to say, if they're unhappy with the conditions, quote, just tell
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them not to come. all problems solved. but in the meantime, the american academy of pediatrics is shareing with the media what they call disturbing pictures drawn by migrant children of their impressions of life inside the detention centers. the pictures were drawn by three children, ages 10 and 11, and show people behind bars and in cages. the acting secretary of homeland security has been meeting with the american academy of pediatrics since december regarding concern for the underage detainees. he says he thinks things are finally improving. >> i've been sounding the alarm for a long time on that. we had 2500 kids at one point in late may and early june in our custody. many had been there for several days, unacceptable by any measure. that right now in our afternoon report is under 300 children in border patrol custody. >> reporter: he is expected to testify later this month on the status of detention facilities
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along the border. the president's immigration agenda was dealt a blow wednesday when a federal appeals court upheld a ruling, barring the use of military funds to go towards the border wall. in los angeles, anita vogel, fox news. cheryl: and here are other headlines making news this morning. breaking overnight, a fire in first class forced a packed plane to make an emergency landing in boston. a phone charger started sparking and set a passenger's seat on fire. no one was hurt. all 217 passengers loaded onto busses, taken to the terminal where they're waiting right now for another flight. well, say good-bye to mad magazine. the 67-year-old magazine which featured the gap-toothed smiling mascot, alfred e newman will be leaving newsstands after august. it will be available at comic shops and mail to previous
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subscribers. aaron spelling's former mansion medical important ya history as the largest -- california history as the largest real estate sale in the state. it sold for just under $120 million, the highest price ever paid for a home in los angeles county. the previous record was $117.5 million back in 2013. you may remember spelling's wife candy sold that home in 2011 for $85 million to the daughter of formula one's billionaire, bernie ekelstone. lauren: president trump celebrates the 4th of july and all branches of the military and democrats slam his patriotism. will it hurt them in 2020? and stranger things getting netflix in hot water. why the streamer says it has to make some serious changes moving forward. keep it here on "fbn: a.m.." ♪ it's all right now. ♪ in fact, it's a gas.
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lauren: let's get you caught up on global market action this friday. wall street will open in record territory. the june jobs report will determine if we hit new highs or start pulling back. the yield on the 10 year treasury is trading at 2.1 -- 1.96%, excuse me, as we gear up for the fed meeting later this month. oil prices are moving to the downside, $56.45 a barrel, the close in asia this friday looks like this, the shanghai composite in china down two-tenths of 1%, nikkei up two-tents of 1%. take a look at the german market in the european screen. the dax is down a tenth of 1%. we did get another manufacturing report out of germany and it fell more than expected. cheryl. cheryl: back here at home, lauren, while out on the
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campaign trail several democratic presidential candidates criticized the president's 4th of july salute to america. >> at an event designed more to stroke his ego than celebrate american ideals. >> he's having a parade for himself, putting tanks out there for himself. cheryl: not everyone thinks attacking the president is the right way to go. >> the less we're talking about this president, the more likely we are to win. cheryl: should the candidates start talking policy instead? let's bring in ceo of american majority, ned ryan and democratic strategist, raul avalar. the fireworks in dc, iowa and new hampshire. ray all, all they did -- raul, all they did was talk about trump, criticize the salute to america. is it time to start focus on what they're going to offer instead of attacking president trump? >> right. well, i think what democrat%
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talking about is -- we're talking about the fact that he militaryized this holiday that we have been celebrating for years and so that's what tissue is. and i think to what mayor pete said, i think the problem is, yes, this president likes to be talked about. i think that maybe if we talk more about the issues that we are going to do well with, the economy, fight for healthcare, i think that would be helpful. he makes a point that if we don't talk about him, that might get under his skin. cheryl: that's why we wanted to play that sound bite from pete buttigieg, talking about that, ned. at the same time, they were out there criticizing a speech that never even happened. the claws were out on tuesday. and last night was pretty tame and it didn't get political, didn't look like a rally. >> cheryl, you make a great point. it wasn't political. it wasn't about donald trump. all you say yesterday was the president of the american people reminding them a full throated delivery of our great american
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history, our american exceptionalism, all of the great accomplishments we have had as a country and the fact that we should be proud of those accomplishments. i think one of the problems is the left has such a low thing lr who we are as a people, that it blinds them. what donald trump was doing yesterday was celebrating who we are, celebrating our great military, and i'm sorry, there's something wrong with you if you didn't think that the b2 bomber flying over the mall wasn't a really cool visual. i'll say this about mayor pete. when you're running for office you have to compare and contrast yourself against the person you're running against. the problem is, what are they going to talk about, the fact they want to give healthcare to illegals, they want open borders, their full-throated crazy socialist ideas. that's the real problem they have. cheryl: you brought up pete buttigieg. i want to bring up an interesting thing. he raised 2 a $5 million in the
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second -- $25 million in the second quarter. president trump raised over 60. that's a good chunk of change for pete buttigieg. he's a veteran, seems to be resonating. we've seen a big uptick with kamala harris and her polling numbers since the debate. where do you think the state of play is right now as we go into the weekend and as candidates continue to go out and shake hands? >> i think the candidates are going to be talking about the issues that are important to americans, the economy, healthcare, and what's going to happen is -- here's the other point. it's still early on in this whole race, as we go into -- cheryl: we're seeing some stars emerge. we are seeing some stars emerge. >> we are. and i think we'll see some change as we keep going on. right now, mayor pete's doing well, kamala's doing well. we'll see changes and shifts as we go through this process. cheryl:ned,.cheryl: as we go ie
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weekend, one of the things that would be a big win for the president trump would be a trade deal with china. that's been a little -- there might be some kinks in the armor, if you will, with regards to that. what do you think would be a boost for president trump as we head into the next month or so? >> well, i mean, even just looking at 2020, the fact of the matter is an incumbent president running of n a strong economy is almost impossible to beat. i would say, if he gets a that trade deal done with china on some level that's going to be fantastic. if the economy keeps going as it is throug through next year, vii have a hard time seeing president trump losing. only five presidents since 1900 have lost their bid for re-election. cheryl: ned ryan, raul avalar, thank you so much. lauren: the dow is a stone's throw away from 27,000. will the june jobs report take us there? let's bring in wells fargo
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senior economist mark vitner. what are you expecting for today. wheres the juice coming from? >> we're looking at 1 16 a 5,000 increase -- 165,000 increase, a little below the consensus. we should see a decent increase in average hourly earnings, one-tenth or two-tenths of a percent. almost every part of the economy is seeing strong job growth. the one area that has slowed a little bit is the manufacturing sector. and it should still be positive this month, but it's lost a little bit of steam because of the slowdown that we're seeing in the global economy. lauren: what levels, then, are you looking at for the broader market? because you seem and our previous guest, michael lee, very bullish on the strength of the economy. so, therefore, stocks just keep going up? >> stocks are going up because
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the u.s. economy is the strongest economy in the world and european economies are struggling, asian economies are struggling, all their central banks are cutting interest rates. that means there's a lot more money out there looking for a place to get some returns at a a lot of that is coming to the us. even though our economy's strong, the threat of the slower global economy is likely to cause the federal reserve to cut interest rates later this month. and all of that is positive for stocks but the stock market has a mind of its own. what you would think is good for it, sometimes it's good for it, sometimes it's not. lauren: jay powell gives his semi-annual testimony to congress next week. what do you expect him to say? >> i expect him to talk a lot about how resilient the economy has been, that we're in a pretty good place and the fed, if they're going to cut interest rates, one of the terms that we've been hearing from the fed is this would be a precautionary move. when the federal reserve -- when they change interest rates, when
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they raise them or lower them, it really impacts the economy with a bit of a lag. that lag can be anywhere from six months to a year. so the moves that the fed makes today, and later this summer, will really impact the economy in 2020 more than they will this year. lauren: and that is what the president needs for his re-election. mark, thank you so much. >> good to be with you. lauren: keep it here for complete coverage of the june jobs report on "mornings with maria," starting at 8:00 a.m. eastern time. cheryl: well, china is reportedly installing spy dingsn tourist's phones. visitors are having their phones seizend and an app is installed which collects personal information, including text messages and call logs, sending them to a remote server for review. lauren: netflix is cutting back
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on the smoking scenes in the original content. this coming after the anti-smoking group, truth initiative, cited the streamer's second season of stranger things as being particularly harmful. netflix says moving forward it will exclude smoking and e-cigarette use with all new shows with a rating of tv-14 or below except for scenes of historical industry. . cheryl: we've got a lot more coming up, everybody. congress getting ready to come back from the july 4th recess and when they do, all eyes doing to be on the upcoming testimony from former special counsel robert mueller and his russia investigation. what can we expect from the reluctant witness? we will preview that. fireworks fiasco, a my for league baseball -- minor league
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baseball team's celebration goes way wrong and believe it or not, this isn't the first time. details coming up on "fbn: a.m." ♪ it's my life, now or never. ♪ i ain't going to live forever. ♪ i just want to live while i'm healive. ♪ one of these before, even though geico has been- ohhh. ooh ohh here we go, here we go. you got cut off there, what were you saying? oooo. oh no no. maybe that geico has been proudly serving the military for over 75 years? is that what you wanted to say? mhmmm. i have to say, you seemed a lot chattier on tv. geico. proudly serving the military for over 75 years. you ok back there, buddy?
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lauren: katherine herridge is in washington with the details. >> the report is my testimony. >> reporter: special counsel robert mueller is a reluctant witness, during his only press event mueller said he had no plans to testify about his 448 page investigation that found no evidence of a conspiracy between the trump campaign and russia. but after weeks of negotiation and a congressional subpoena, mueller will publicly testify july 17th before the house judiciary and intelligence committee. >> from the democrats' perspective, the risk is that many americans will see this hearing and say wait a minute, this is yesterday's news, it's time to move on. i think the risk from the republicans' perspective is that mueller either provides new statements, new evidence, puts a spin on what he said before, that somehow reignites interest in the impeachment debate. >> reporter: mueller appeared to warn the president's critics he would not go beyond the four corners of the report. democrats seem unphased. >> if he says what is in the
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report and says it to the american people so they hear it, that would be very important, because they've been subjected to months of deception as to what was in the report by the attorney general and by the president. >> reporter: the report did not recommend obstruction of justice charges, nor mueller's words exonerate president trump. both parties want clarity after mueller's explanation. >> under long-standing department policy, a president cannot be charged with a federal crime while he is in office. that is unconstitutional. >> reporter: republicans are also expected to push mueller on why he did not investigate the origins of the fbi russia probe and how early mueller knew there was no coordination between the trump campaign and moscow. with the white house ordering current and former officials to limit or not testify to house committees, the mueller hearing gives them a high profile interest and precarious format. in washington, katherine
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herridge, fox news. lauren: here are other headlines making news this friday. michigan congressman justin omash leaving the republican party, becoming an independent. he said modern politics is trapped in a partisan death spiral. president trump tweeted this, great news for the republican party as one of the dumbest and most disloyal men in congress is quitting the party. no collusion, no obstruction, knew he couldn't get the nomination to run again in the great state of michigan, already being challenged for his seat. a total loser. samsung warning that it expects a 56% drop in its second quarter operating profit from a year ago. the company blaming weaker demand for its memory chips as well as the u.s.-china trade dispute. the australian unit is facing a lawsuit for allegedly misleading consumers for how water resistant the phones are. the phones used in oceans and
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pools were used in advertising. residents of fort mill, south carolina, witness an unscheduled fireworks display a ahead of holiday celebrations. davey jones fireworks shop was ablaze when a dramatic display lit the sky. what started as a small fire ignited many of the fireworks in stock. firefighters went head to head against rockets, sparklers, and other 4th of july favorites. thankfully, after witnessing that, can you imagine, nobody was hurt. cheryl: that is scary looking. that's a lot of fireworks exploding. lauren: they keep going and going. cheryl: wow. lauren: we have fireworks like that on wall street today. cheryl: futures are down a little bit. we closed at record highs for all the major averages on wednesday. so don't cry about it right now. the dow is down 38, s&p is down a 5 and three quarters, nasdaq down 15. well, the stars took to the court for this year's battle and
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victorious. it wasn't easy for serena williams but she advances to the third round. on the men's side, a handful of top talent exiting early, including john isner. tragedy for a young nfl star, kendrick norton is in critical condition at a florida hospital after a multicar crash on thursday where paramedics were forced to amputate his left arm at the scene. the 22-year-old's truck crashed into a barrier, overturning, leaving him with severe injuries. his nfl career is murky after this amputation. on a lighter note, we'll file this under that's so mets. the minor league affiliate had a mishap during a pregame fireworks ceremony, causing a fire outside of first data field. thankfully, no one was hurt.
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and they got their game in, winning 4-1. an american olympic star with a surprise for fans. lindsey vaughn tweeted out her phone number yesterday. many people thought she got hacked, only for her to say it's not the case and she wanted to connect with the people. >> i did not get hacked. i just texted -- tweeted my phone number. so text me. it's only for my fans, for my true fans. if you're not, you shouldn't bother. bye. >> s she thanked them for their time. the olympic gold medalist has a lot to go through in her in-box. there's a lot of messages i'm sure she received. lauren: i'm shaking my head. >> it will be a long weekend for lindsey and her phone. cheryl: matt, thank you for coming in. lauren: again, why. we're not done celebrating america just yet. we have a list of the most
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patriotic brands in the good old usa. if you thought the mustang was the signature muscle car, wait until you see this one. ford's new $1.2 million super car, but at that price there's actually a major problem with it. keep it here on "fbn: a.m.." ♪ playing in a traveling band. ♪ yeah. ♪ well i'm flying across the land. ♪ trying to get a hand. ♪ playing in a traveling band. s. and you've done a lot of good for the world. s. but is that enough. dear tech, we've got some work to do. we need tech that helps people understand each other. tech that understands my business. tech that works at scale. that works with my existing tools. that helps us help more people. let's see some more headlines about that. dear tech, dear tech, dear tech, we're using ibm blockchain to help make sure food stays fresh. we're using ai to help create more accessible, affordable healthcare for all. we're using iot to create new kinds of digital wallets.
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we're exploring quantum to develop next-generation energy. q-u-a-n-t-u-m, quantum. that's the smart tech i need. let's make a difference in energy. in commerce. in people's health. in the foods you eat. let's make a difference in government, business, and society. let's make a difference in people's lives. let's expect more from technology. let's put smart to work. ♪ ♪
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♪ small town, usa. cheryl: the 4th of july may be over, but we're still celebrating the most pay t trotic brands in the -- patriotic brands in the u.s. jeep, the most patriotic brand, topping the list, since 2002. rounding out the top five, disney, ford, coca-cola, levi strauss. lauren: i would have agreed with all of that speaking of ford, it's selling its first million dollar super car, the gtmk2 can drive so fast it's not even street legal. the engine generates 53-horsepower, more than the standard road car and to save weight, no air bags or passenger seats. if you want to order one, you better act fast. only 45 will be made. cheryl: okay. and then here's one more. would you pay $40,000 for a cocktail? the $40,000 cocktail comes with a long pour of 1940 mcallen
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fine and rare whiskey and a check signed by babe ruth had. lauren: let's say good morning to deirdre bolton in for maria bartiromo. it is friday, july 5th. your top stories at 6:00 a.m. eastern time. it's jobs day, the estimate of 160,000 jobs added, unemployment rate to hold steady at 3.6%. are jobs in america -- our jobs in america special coverage starts at 8:00 a.m. eastern. futures indicate a lower open, this is after wednesday's record close on wall street. dow, s& s&p 500 closing at all-e highs. in europe, you can see, take a look on your screen, you do have markets moving lower. ftse, cac and dax in asia ove
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overnight slightly higher. closer to home, a major earthquake rattling california, 6.4 magnitude quake. the strongest to hit the golden state in 20 years. we will bring you the latest. and salute to america, president trump addresses the nation with a patriotic speech. >> we will never forget that we are americans and the future belongs to us. >> "mornings with maria" begins right now. ♪ it's a brand-new day. ♪ looking at the markets this morning, all investors on hold ahead of
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