i'm jamie colby. thanks for watching "strange inheritance." and remember -- you can't take it with you. cheryl: iran under fire, president trump issuing a strong warning after the country surpassed the uranium enrichment limits. tehran vowing to break commitments to the nuclear deal until sanctions are lifted. >> the president fights for a citizenshicitizenship question 0 census. the white house super charges its legal fight. cheryl: powell on the hot seat, jay powell will testify this week before congress after president trump said the fed is the u.s.'s most difficult problem. how the war of words and the

jobs report are moving markets today. >> and the u.s. women's soccer team claimed the world cup trophy once again. the highlights and the brewing controversies. it is wednesday, july 8th. "fbn: a.m." starts right now. ♪ i'm still standing. ♪ better than i ever did. ♪ looking like a true survivor. ♪ feeling like a little kid. ♪ i'm still standing. ♪ after all this time. cheryl: welcome to "fbn: a.m." an"fbn: a.m.."i'm cheryl. tracee: i'm tracee carrasco. cheryl: a lot happening in the markets. the dow is down 43, s&p down 4 and a quarter, nasdaq down 18 and-a-half.

tracee: let's take a look at the yield on the 10 year treasury. you can see once again up about 2%. it soared over 2%, its highest jump since january after that jobs report on friday. cheryl: we've got more data coming out this week. a few things to watch, consumer credit coming out, thursday, the consumer price index, another gauge of inflation and mr. powell will be testifying as well. tracee: as tensions in iran continue, let's check on oil right now,. cheryl: a gain of 22-cents. in asia we're seeing a big drop in chinese markets in particular. the shanghai composite the benchmark of china down more than 2 and-a-half percent, all of that on positive data coming out on friday in the u.s. we'll talk about it. tracee: in europe, let's flip over there. you can see we are looking at red across the board, the ftse, cac and dax all lower.

cheryl: our top story this morning is a stern warning from president trump. iran announced it will step up its program to enrich uranium, another breach of the commitments iran made under the 2015 nuclear deal. >> iran better be careful. you enrich for one reason and i won't tell you what that reason is but it's no good. they better be careful. tracee: u.s. lawmakers speaking out about the iran announcement. jillian turner has the latest from washington. >> reporter: washington's reaction to news of iran's plan is breaking down along partisan lines today. republicans are insisting the trump team has got everything under control. >> they've been enriching uranium. donald trump has been very consistent in saying stop the spread of terrorism and make certain that iran does not have a nuclear weapon and that is the goal and we're going to continue to support that.

>> reporter: democrats are putting the blame scarily on president trump's shoulders. >> when donald trump became president iran was no longer two to three years from breaking out to -- two to three months, they were more than a year from being able to break out with a nuclear weapon, based on our intel, based on what the israelis said. now they're enriching again. >> reporter: under the existing terms of the nuclear deal that the u.s. is no longer a party to, this breach by iran should be met with so-called snapback sanctions, immediate and harsh penalties intended to coerce the regime back within the framework of the deal. now the ball's in the european nation's court since the trump administration pulled the u.s. out of the deal one year ago. iran's government blames the u.s. and europe for failing to live up to their end of the bargain and said they're hoping to keep the deal together. some experts tell fox news it was a mistake for the trump administration to sanction

iran's supreme leader recently since he's got the ultimate say inside the company for foreign policy, just like president trump gets to determine most american policy at home, the supreme leader gets to at home. the prospect of dealing in diplomacy is now all but dead. jillian turner, fox news. tracee: the department of justice recharging the legal team in a final push to add a citizenship question to the 2020 census. meanwhile, the president says he's reviewing all available options for its inclusion. cheryl: mark meredith is here to break it down. >> the justice department is not saying why it' shuffling lawyer. the census citizen question case is at issue. they will file paperwork related to the case later today, after president trump announced that he wants to ask census

respondents if they're u.s. sit citizens. the government said they were up against a tight deadline to print the forms. they now argue they have enough time to get the case signed before the key census deadline. >> we're moving ahead with the censucensus. they're asking everything except are you a citizen of the united states. how ridiculous is that. >> reporter: president trump said he is considering an executive order to get the question onto the census. the commerce department is in the process of printing the forms without the question attached. later on this week, house lawmakers are going to be looking into what's been going on at government facilities that have been treating migrant children. we understand this is going to be a hearing that's going to be happening wednesday at the house government and oversight committee. they insighted homeland security and customs officials to testify after government inspector said they found dangerous

overcrowding at some detention facilities, this is days after some house democrats toured the facilities for themselves and some are comparing these facilities to concentration camps. >> they're under a lot of trauma, that they are in a facility that is dehumanizing. this is a choice by the current administration. they are choosing to not allow asylum seekers to go through the legal process. >> reporter: the house oversight and reform committee is going to be hol holding that hearing hern washington on wednesday. we'll look to see what lawmakers have to say then. tracee: thank you very much. cheryl: well, today the u.s. and china continue trade talks over the phone with the goal of agreeing on a date as soon as next week for face-to-face meetings. china still wants the u.s. to remove all tariffs placed on chinese goods as the condition for reaching an ultimate trade deal. the two sides agreed to resume negotiations at the g-20 summit last month. of course, president trump and president xi made that agreement

together. president trump told reporters yesterday that the tariffs on china are working. >> we're taking in billions and billions of dollars from china. we've never taken in ten cents from china. china has ripped us off during obama and biden's and other presidents and clinton, obviously. cheryl: trade talks stalled in may after president trump accused china of backtracking on their earlier commitments. tracee: deutsche bank is announcing a major overhaul to boost profits. they're cutting 18,000 jobs as they lead global equity sales and trading. they plan to reduce their fixed income business. the moves are aimed at saving the bank $19 billion over the next several years. the restructuring comes just days after deutsche's investment bank head garth richie agreed to resign. cheryl: boeing lost a deal for its 737 max jet to its european

arch rival. up to 50 jets will be purchased from airbus. the deal was valued at more than $5.5 billion. it never happened, obviously. the setback for boeing follows the fatal crashes of two max jets within five months. wall street journal says the lost business is one of the first signs that the 737 max crisis could shift even more business over to airbus. tracee: spider-man swings to the top spot of the box office this weekend. >> everywhere i go, i see his face. i miss him. >> yeah, i miss him too. >> i don't think tony who have done what he did if he didn't know you were going to be here after he was gone. tracee: spider-man riding his avenger pal's coat tails this weekend, grossing $185 million in the u.s. and canada. spiderman has been cleaning up

worldwide. it has surpassed 580. cheryl: the avengers end game is just $15 million shy of the record for the highest grossing film of all time. at the end of the july 4th holiday weekend, after 73 days in the theater, end game hauled in $2.77 billion globally, just short of the record $2.78 billion that avatar earned. they even put the movie back out in theaters with extra scenes. we've got a look at your money this morning, a little bit of pressure on stock market futures after the block buster beat on the jobs report friday. s&p is down 5, nasdaq down 20 and a quarter. still ahead, president trump has said from the beginning the iran nuclear deal was a massive mistake. now the rogue regime is breaking it. >> the obama agreement, which

was the most foolish agreement that you'll ever find, that deal is an embarrassment to the united states. one of the most incompetently drawn deals i've ever seen. cheryl: what happens now? we'll talk about it in a moment. and you go, girls. the world champions, the u.s. women's soccer team dominated over the netherlands. they claimed the world cup trophy but the controversies have already begun. details coming up on "fbn: a.m." ♪ oh, i want something just like this. ♪ ♪ i want something just like this. liberty mutual customizes your car insurance, so you only pay for what you need. nice! but uh, what's up with your partner? oh! we just spend all day telling everyone how we customize car insurance because no two people are alike, so... limu gets a little confused when he sees another bird that looks exactly like him.

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all in one place. because when it's decision time... you need decision tech. only from fidelity. iran's doing a lot of bad things and remember this, the obama agreement, which was the most foolish agreement that you'll ever find, it expired in a very short period of time. the way they want it, they would have automatic rights to have nuclear weapons. iran will never have a nuclear weapon. cheryl: president trump responding to iran's plan to continue enriching uranium, bringing the country closer to nuclear armament. let's bring in lieutenant colonel daniel davis. it's great to have you here this morning, sir. >> thanks for having me. cheryl: in your educated opinion, does this mean the nuclear deal from 2015 is on the brink of collapse? >> well i think beyond question

it's on the brink of collapse. the question is, is that in our interest. the answer is no. we go too far down the road of this maximum pressure campaign, and you have to look at how do we respond, what are the outcomes, what do we want to accomplish and that should be the prevention of prevention of any unnecessary war and preservation of economic opportunities in the region. maximum pressure is making the chances of war more likely, not less likely. we need to look at changing our tactics here. cheryl: does that mean we need to work more closely with our alleys in europe? it really seems to be the pressure is on not just the europeans but on china and russia. china's been kind of still supporting the oil market of iran and trying to get techs ports out. -- get the exports out. that seems to be a small detail that could go one way or the other. that could be good for the united states if china's on board or maybe not. >> well, china has been very clear, saying they're not going

to abide by this and they're going to continue to buy oil. it's in small percentages. it's not enough for iran to continue going on. they need europe to abide by the agreements that they say. that's why they say they're doing this, that's why iran is saying they're enriching and stockpiling more. they say this is just to tell you we want to get back to the jcpoa. they want to abide by this. obviously, by the fact that we're saying we're upset that they're exceeding these agreements, shows that the agreement actually did have some positive impact for what we want. let's get back to the things that are working and let's do things that are going to prevent war. cheryl: can you explain to me -- i think you make a good point, getting back to the negotiating table, that seems to be what iran wants. how they're going about it is -- a lot of tough words, a lot of tough talk, it has folks scared about the military complex. can you explain what's the

difference between 5% enrichment versus 90% enrichment. what could iran have or do if they increase the enrichment as they're doing. >> they have been below what's been called 3.67% enrichment, that's how much can be used in the nuclear power generation cycle. they're saying they're going to go up to 5%, which makes it better for that, far below weapons grade. if they continue going and get up to 90%, it's quite a large threshold, only then do they get in the risk of potentially developing nuclear weapons material. i think they're going to slowly ramp up to say we're going to head this direction because we want to show you the reason to come back down. but that's what they're doing. cheryl: well, that's a big question, just real quick, how much time would it take to get to 90% and an actual weapon, how much time would they need? >> if they took the fetters off and kept going, they could probably have a bomb in less than a year. the program would prevent that.

that's what we need to get back to. cheryl: we'll see what secretary of state pompeo has to say. thank you for being here. >> my pleasure. tracee: take a look at outs futures right now, dow futures down by 61 points, this after friday's jobs report. are investors losing hope that the fed may cut interest rates? coming up, recovery efforts underway in l california after back to back earthquakes rocked the southern part of the state. the cost of the devastating damage, next. and not only are humans using dna tests to find long-lost relatives. how about our furry friends getting in on that action? keep it here on "fbn: a.m." ♪ don't stop believing. ♪ hold onto that feeling. ♪ this is the couple who wanted to get away

who used expedia to book the vacation rental which led to the discovery that sometimes a little down time can lift you right up. expedia. everything you need to go.

tracee: california cleaning up this morning after two large earthquakes rattled the state, leaving damage that governor gavin newsome said could exceed $100 million. cheryl: but the danger is far from over. jane metsler with a new warning about more quakes that are on the way. >> oh, my god. oh, my god. >> reporter: no one saw it coming. two powerful earthquakes in southern california happening back to back in the same week making the earth shake so violently, buildings swayed and foundations cracked. residents of ridgecrest and neighboring san bernardino county so terrified, they felt safer sleeping on the street or in their driveway. the quakes also causing multiple

fire outbreaks and gas leaks across the area. the 6.4 magnitude earthquake on the 4th of july followed by a 7.1 magnitude quake, the strongest in 20 years, taking everyone by surprise including scientists who argue there's no sure way of predicting earthquakes. >>s there's no reason to think that we can't have more large earthquakes. >> reporter: the best way to stay safe is taking cover under a solid piece of turn churks also when driving, pull over to the side of the road and stop and avoid parking under any overpasses or power lines. some good news for californians thinking about relocating before another large quake strikes, possibly wiping out the entire state, the scientific agency denying that earthquakes will sweep the whole state into the ocean. and for those who think earthquakes can crack the ground

wide open, scientists say that's not reality. it only happens in the movies. jane metsler, fox news. cheryl: thank you. severe storms possible across the northern plains today. tracee: fox meteorologist adam clots is live in the fox weather center with your forecast. >> another possibility of big storms in the middle of the country and for a lot of folks we're talking about more heat. you are looking at temperatures in the 70s in a lot of places, some folks closer to 80 degrees. the warmer air will be in the northern plains and that will fuel potential for severe weather. here is the severe weather outlook, running right across the plains into the northern plains, dakotas and montana. i don't think this will be a big tornado outbreak, maybe an isolated one here or there but severe thunderstorms with winds up to 60 miles an hour, possibly hail, that's all going to be happening with the heat of the day, not a huge tornado threat, just a slight threat stretching

across pretty much the same areas we were discussing. this is being fueled by heat piling up in the middle of the country. look at that, up to 90 degrees for a forecasted high in bismarck today. a lot of other folks across the south in the 90s. stays cooler for your monday, if you live along the mid-atlantic or the east coast. spots there only in the upper 70s. this heat continues to expand through the week, so you run up more places getting up in the middle 90s for tuesday. it warms back up along the east coast, upper 80s. stays hot for wednesday. guys, it's july, this is a pretty typical forecast. tracee: that's what happens. thanks, adam. cheryl: i love humidity. thanks, adam. president trump plans to deliver a speech today, touting his administration's environmental leadership. trump is trying to make the case that despite pulling the u.s. out of the paris climate accord and rolling back environmental regulations, the country's air and water is cleaner than ever. tracee: here's some other headlines we're watching.

conservatives regained control in greece. voters electing the opposition leader on a promise to cut taxes and spur economic growth. in doing so, they removed a left wing government that couldn't end the country's long economic slump. billionaire financere. jeffrey ope epstein is expectedn court today. he was arrested on sex trafficking charges in new york, stemming from allegations of trafficking underage girls in the 2000s. the daughter of a former fbi director is one of the prosecutors in the case. and house speaker nancy pelosi's daughter, christine pelosi, a democratic national committee official, warns it's likely that some are implicated in the sex trafficking case. wework is trying to shore up

confidence in its business before it goes public. it is offering billions of dollars in debt that would fund its growth until it could show a profit. they are looking to raise up to $4 billion in coming months and as much as $10 billion over the next several months. kohl's is helping amazon with returns. you no longer have to wait at the post office, just in time for amazon prime day, shopping sprees and back-to-school shopping, kohl's says its more than 1100 stores nationwide now accept amazo am amazon returns. cheryl: we're seeing a little bit of a downward tick in futures this morning on this monday. remember, this is after the blockbuster jobs report we got more jobs out of than expected. a little bit of a retracement this morning. nasdaq is down 30. global markets reacting. we'll have more on that in a moment. also, this. brand-new numbers showing president trump's approval rating hitting an all-time high.

but there's still a range of re-election risks he could be facing. and how the federal government has been able to tap into a massive facial recognition database without the public's consent. you're watching "fbn: a.m.." ♪ we fight fall apart before too long. ♪ we can work it out. ♪ we can work it out. ♪ ride-along, captain! i've never been in 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?

daughter: ok, dad. one... two... three! (both screaming) you saved me! daughter: dad? older daughter: are you ok? older dad: i'm fine, dear. narrator: your hero needs you now. and aarp is here to help. find the care guides you need at aarp.org/caregiving cheryl: let's get you caught up on global market action. seeing a pullback this morning after friday's blockbuster jobs report, 224,000 jobs were added, bigger than the estimate. dow is down 74, s&p is down 7, nasdaq down 30 and a quarter. global investors are showing a bit of concern they may not get the rate cut from the fed here. in europe they're making moves towards stimulus. the ftse, cac, the dax all in the red. the bigger story here is really

asia. look at the benchmark shanghai composite, it's down 2.6% roughly. and that is because, again, investors are starting to think they may not get the rate cut they want. tracee: president trump scoring his highest approval rating yet in a new washington post abc news poll, the president with a rating of 44%. despite this, he is trailing joe biden in the same poll by 10 points. biden riding into the new week on an apology over recent comments he made over segregation. >> if any comments i made were taken in a way that people took offense from them, then i am truly sorry for that. that was not my intention. this is about the future. it's not about the past. and i'm proud of my past. have i made mistakes? yes. do we grow? yes. the fact of the matter is, that's why i chose here in south carolina and chose an audience that would be the most likely to have been offended by anything that was said.

tracee: will that be enough to keep him ahead of his fellow democrats? joining us now, republican strategist and pollster john thomas along with former obama campaign regional field director, robin byro. first, i want to get to that abc news poll, the washington post poll. john, i'll ask you this. what is your take on this? you have 44%, that is the president's highest approval rating so far of his career, 53%, though, still do disapprove. trump's campaign responded to this poll, saying that the president is in a stronger position for his re-election bid than past incumbents, stronger than ronald reagan, barack obama. what's your take here? >> well, that's not incorrect but there's also a couple ways to look at this poll. first of all, it doesn't use a likelihood or model, it asks every american, every registered voter what they think. when you use a likely voter model, it skews more toward the

republican on the ticket. that's number one. number two, i'm not interested in trump's perso personal approl rating, i'm more interested how they rate him on job performance. in this poll, it showed that 51% of americans think that trump is doing a good job on the economy. those are the issues that are going to matter to voters in the -- when they go to the poll booth. tracee: 65% said he did act unpresidential. i want to ask this. we'll get back to the biden apology from over the weekend. what do you think about the timing of this apology? >> you know, let's just be honest. we'll call it an apology tour. i expect he'll be making the same apology in several states over the next few days. it's resonating with the base. i had some people that i know personally who were waffling on their support of joe biden after his poor debate performance and effectively shored up some of

that support. it's working. he's just got to do better. you know he will put his foot in his mouth again. tracee: i want to ask you about tom stire, the billionaire environmentalist, previously back in january said he was not interested in a 2020 presidential run. now maybe he is reportedly reconsidering. making him possibly the 24th candidate. john, i will ask you, what are your thoughts here and robin, i want you to weigh in too. >> first and foremost, i think his ego can't keep him out of the race. i think he looks at it more pragmatically. there aren't billionaires running in the contest. he could potentially drown the field with money. and then secondly, the lane for being the toughest on impeachment of the leader of that charge, being the most anti-trump, is kind of wide open right now. so while the polling we just went over shows that only 37% of americans support impeachment, in a democratic primary that's

smart politics. do i think wil steyer will go te distance? no. tracee: what's your take, robin? >> exactly. and look, we've got seth bolton also entering the race, pretty late. he didn't make that first debate cutoff. but look, steyer also running on this big environmentalist platform and that could carry him. this message with impeachment, i think is going to fall flat, but nobody else is really pushing it as hard as he has been. so it could shape the field. tracee: it could shape the field and a lot could happen. thank you so much for joining us. >> thank you. cheryl: all right. well, u.s. stock index futures are pointing to a lower open this morning following a stronger than expected june jobs report. investors are reconsidering whether the federal reserve is going to cut interest rates at its meeting at the end of the month. president trump attacked the

federal reserve once again over the weekend. >> our economy is doing incredibly. if the fed didn't do what it did or if it didn't p even half, we would have a dow that would be as good as it is, still doing good, but we would have a dow that would be from 5 to 10,000 points higher. cheryl: dominic tivella is here. dominic, good morning. >> good morning. how are you. cheryl: good. i want to start with what we're seeing in today's market action. we're seeing pressure with u.s. stock futures, we're seeing definitely pressure in say a sahn markets overnight -- in asian markets overnight. there's more of a sense that we won't get the rate cut we wanted. maybe it's a quarter point, not a half a point. that's what fed fund futures are saying. what do you say? >> i think we all got ahead of ourselves. friday, when the jobs number came out, you could watch the market futures turn around and the market have not a terrible day in all honesty but a down day, the first in a long time.

today is further realization that a quarter point is maybe, possibly likely but not a half a point. and even a quarter point is a big question mark. cheryl: 94% probably as of now this morning, fed fund futures, that we're going to get the quarter point cut. the other side of this too is that you've got president trump attacking jay powell. s he's going to be testifying this week, wednesday and thursday. he has learned to be more careful with his words but there will be question marks i'm sure from republicans this week about his actions. what do you expect? >> that testimony is going to really go a long way to determining how these markets react. he's going to soften his stance and maybe give us the quarter point, kind of bring markets back into alignment. that's possible. but that's going to go a long way to determining how and where and when he's going to raise rates and there's even descension on the fed board itself, some do, some don't. the economy's strong enough that you kind of question, does he need to do it. this is going to be a big focus

this week. cheryl: real quick, last question. that's my question about the you cut. if you get a cut, that signals weakness in the economy, right, if the fed takes that move and that's a negative. >> that's exactly the problem. we still have an economy that's growing plus 2% and inflation is really under control. we're going to get inflation numbers later this week. it's kind of hard to make the argument that under these circumstances they should be cutting at all. but i have a feeling they'll give us the quarter point. they never should have raised the quarter point in december. they'll give it to us back and maybe slow down for the rest of the year. cheryl: cpi comes out on thursday, that's going to be an inflation watch. dominic, thank you so much. >> thank you. tracee: amazon paved the way, now your local supermarket may be following in its foot steps. tesco is one of many grocers testing out cashierless store with cameras set up to check out what shoppers pick up. they are planning to open the pick and go store sometime next

year after initial testing with some of its employees. cheryl: a new report claims that federal authorities have had access to millions of americans' photos without their consent or approval from congress. according to the washington post, the fbi and i.c.e. are using state driver's licenses databases for facial recognition searches. some u.s. cities have banned the use of facial recognition technology by law enforcement, citing the need to preserve civil rights. neither i.c.e. nor the fbi have responded to a fox request for comment. tracee: well, let's check out the action on wall street this morning. take a look at your futures. you can see dow futures down by 71 points, right across the board, this after friday's jobs report. coming up, starbucks holding a summit with arizona police officers after they were denied service on independence day. but is it enough for customers to buy the apology? and how about traveling in style, this 300-foot yacht could

be yours for a hefty price tag. so what if it belonged to a fugitive financere. you're watching "fbn: a.m." ♪ call me, call me, call me any, any time. ♪ call me. ♪ you can call me any day or night. ♪ call me.

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tracee: the u.s. and china

continue to hold trade talks over the phone as the two sides work to agree on a date to resume face-to-face negotiations. will we see a trade deal anytime soon? riley walters is a policy analyst for asia economy and technology at the heritage foundation. good morning, riley. >> good morning. tracee: first off, i want to ask you, we are about a year into this at thi tit-for-tat trh china, are we closer to a deal? >> given where negotiations were a couple months ago, i think we are a lot closer to a trade deal. i'm an optimist in washington. i think we could see a deal before the end of the year. tracee: that's very optimistic. beijing, they want all of those tariffs dropped to move forward. can this happen? do you thinks the u.s. is going to budge on that? >> it's a possibility. certainly it's a big sticking point in the negotiations. i think the administration would like to keep some of the tariffs. donald trump has said that he likes tariffs and collecting tariff revenues and over the past year americans actually have paid roughly $5 billion a

month in duties because of tariffs. so it's a cost to them. the chinese would like to see them removed. i would like to see them removed as well. they are a cost paid for by americans. tracee: i think a lot of american companies would also like to see them removed because they're digging in for this to go on for a long time. >> certainly. tracee: and so let's switch gears, let's talk about the usmca. the administration wants that wrapped up fairly soon, by august, but we've got congress heading into their august recess in just a few weeks. can this happen? >> it is difficult to say whether it can happen. certainly, the democrats in the house have been holding up brings usmca up to a vote. there is external pressure. mexico ratified the agreement, so things are moving. the question is, how do they go forward. do they sign site agreements or do they have to go through the normal congressional process, which in itself can actually poe potentially delay things even

further. we might not see anything happen again until maybe as late as september. tracee: thank you, riley, for joining us this morning. >> thanks for having me. cheryl: the tempe officers association is feeling encouraged after an apology from starbucks. the vice president traveling to arizona to make amends after a group of officers were asked to leave a store because another customer felt unsafe. in a statement, the officers association wrote in part we are encouraged that starbucks reached out to our organization and the police department to apologize and express support for law enforcement. tracee: take a look at this. it's the 300-foot yacht previously owned by malaysia's fugitive financier low tech joe. you can rent it for $1.25 million a week. the yacht, which is called tranquility, is now moored on the french riviera. the price includes fuel and other charges and that's what's happening now. cheryl: jaw just a cool

$1.25 million. that's a bargain. there might be bargaining done on wall street if we open lower on this monday. futures are pointing to a lower open after friday's big beat on the jobs report. dow down 66, s&p down 6, nasdaq down 27 and a quarter. the baseball world rocked by a violent collision at home plate sending angels' catcher to the hospital. the damage didn't end there. how a rifle tea a rival team mes lashing out on social media. and you won't believe how much one company is charging for a single bunk bed in cities across the country. new yorkers, listen to that one. we're coming right back. ♪ wanna take your xfi to the next level?

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cheryl: they are the champions. the u.s. soccer team clinching the world cup finals, beating the netherlands, 2-0. tracee: jared max is here with the highlights and controversy. good morning, jared. jared: was there any doubt that team america was going to be the best in the world. it was a great tournament and great ending. they were favored to beat the netherlands sunday. first time all tournament they didn't score in the first half. a penalty was awarded in the 61st minute. megan rapinoe, she got her sixth goal of the tournament on the penalty kick. some questioned if a penalty kick should have been awarded. no worries about the controversies. the usa also scored another goal. >> looking, coming, goal!

jared: rose lavelle made it 2-0, usa. the americans shut out the dutch. not once did the team even trail in the tournament. the golden boot goes to megan rapinoe, the high scorer. president trump tweeted congratulations to the u.s. women's soccer team, winning the world cup. great, exciting play. america is proud of you all. during the celebration, while many in the crowd chanted usa, they were also chanting equal pay, equal pay. showing support for the u.s. women's legal fight against the u.s. soccer federation, trying to bring equal pay and better working conditions. alexandria ocasio-cortez also tweeted, at this point we shouldn't even be asking for equal pay for the u.s. women's national team. we should demand they be paid at

least twice as much. incredibly inspiring world cup by our u.s. women's national team says aaron rodgers and he also using the hashtag equal pay. a ticker tape parade will be held wednesday morning in new york city. the men's team lost the final of the gold cup, 1-0 to mexico. before the baseball all-star break arrived, jonathan lucroy touchesuffered a bad injury. >> the catch is made. here comes a throw to the plate and lucroy is bowled over. jared: lucroy went for a cat scan, evaluated for a possible concussion after the collision. looks like he might have broken his nose. jake marisnick was called out and this lit up a catcher who posted nasty video on instagram, trying to protect catchers with

a few choice words. cheryl: jared, thank you. jared: always dangerous. the all-star game is tomorrow on fox. cheryl: catch jared's sports reports, fox news headlines, 24/7, sirius xm 115. tracee: we all know someone who has done an ancestry dna test, but how about for your pet? and how much would you pay to sleep in a bunk bed? the incredible prices sweeping the country when "fbn: a.m." returns. ♪ who says you can't go back. ♪ been all the world and as a matter of fact. ♪ a visual snapshot of your investments. key portfolio events. all in one place. because when it's decision time... you need decision tech. only from fidelity.

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♪ i just need somebody to love. ♪ cheryl: did you know your furry friends can get a dna test. tracee: i would totally do this. michael guzzleman joins us with more on that. good morning. >> obviously, some people really like their pets. we know this. some people like their pets more than other humans. now you can actually get a dna test for your dog, it's about $200. a lot more people are doing it. it's kind of a cool concept because you're able to find the history, the relatives of your dog, within a certain area and they find that the dogs actually that might be aggressive normally become less aggressive when they find their relatives and also the owners become friends after they meet the

other people. it's kind of wild. a lot more people are doing it. why not, right? you spend enough money on your dog anyway, find their family. tracee: i want to check into that. one company wants a pretty penny to sleep on a bunk bed. >> this is wild. because rent is so high, $2,300 a month in los angeles, up to $3,900 in san francisco, there's something called pod shares right now which is essentially bunk beds in a room with strangers. it's about $50 a night, $1,500 a month. >> tracee: no thank you. >> it's not for me. you're staying with strangers, why not move to the suburbs and have a 20 minute commute. much better. cheryl: mike, thank you. good lord. that's it for us and over to maria bartiromo, "mornings with maria" is now. maria: hey, there, ladies. good morning, happy monday. i'm maria bartiromo. thanks for joining us. it is monday, july 8th. your top stories right now, just before 6:00 a.m. on the east coast.

investors are waiting on trade and the federal reserve. you're looking at a lower opening this morning as phone calls are continuing this morning and this week between china and the u.s. on a potential trade deal. a rate cut looking less likely after friday's strong jobs report. that's how the journal is writing it this morning. markets are under pressure. major cuts at deutsche bank, restructuring, pulling out of global equities all together and cutting thousands of jobs. we've got the latest on the largest cut since lehman brothers. speaker nancy pelosi versus congresswoman alexandria ocasio-cortez, now the democrats in a he very public battle over border funding as congress returned today. team usa victory, the women's team making history at the world cup. high lights ahead and what it could mean for the big pay divide between men and women. all that right now, "mornings with maria" begins right now. ♪

♪ tonight. ♪ we are young. ♪ so let's set the world on fire. ♪ we can burn brighter. ♪ than the sun. ♪ maria: we've got a big show this morning. coming up, former speaker of the house, author of collusion, newt gingrich is here. fox news senior judicial analyst, judge an du andrew napo is here, along with marty davis, interesting story with his business in china. former connecticut sense connee lieberman is here. joining the conversation this morning, fox business networks jackie deangeles, tom b,tom be s