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tv   FBN AM  FOX Business  September 10, 2019 5:00am-6:00am EDT

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lauren: it is 5:00 a.m. here are your top stories at this hour. president trump using a rally in north carolina to tout a strong u.s. economy and take another swipe at china, saying it's beijing who is eager for a trade deal, as the country's largest economic data shows signs of a bigger economic slowdown, that report pressuring stocks in the u.s. cheryl: the trade war is expected to cast a shadow over apple's big event today in california where they're expected to unveil the latest version of the iphone and update popular gadgets, days after tariffs hit electronics. just how much and which products will be impacted. lauren: we are days away from the next democratic presidential debate. why joe biden's rivals are
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planning to get after the frontrunner and his big campaign collapse. cheryl: and mr. monopoly has competition. hasbro is changing the game. why the company may be unveiling lady's night at homes across the country. it is tuesday, september 10th. "fbn: a.m." starts right now. ♪ ♪ nothing i can see but you when you dance, dance, dance,. ♪ creeping up on you so just dance, dance, dance. ♪ all those things i shouldn't do, but just dance, dance, dance. ♪ anybody nobody leaving soon. ♪ keep dancing. cheryl: welcome to "fbn: a.m.." and good morningism cheryl casone. laurengoodgood morning.i'm cher. lauren: i'm lauren simonetti. cheryl: let's tha take a look w your money is moving this
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morning. the dow is down 74. s&p down 9 and a quarter, nasdaq down 36 and a quarter. lauren: after a global bond selloff yesterday, let's check the yield on the 10 year treasury. it was down today 2 basis points. cheryl: we continue to watch oil prices after a six week high yesterday, the saudi's moss brinpossiblycutting cut output again. gold is down more than $ $9. lauren: the shanghai composite is down fractionally. that's a measure of corporate profitability. the other indices in the asia region are higher. cheryl: markets are showing a little bit of wear and tear on other news in britain. lauren: back to china. president trump is talking up the u.s. economy and the impact of u.s. tariffs on china during that packed rally in north
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carolina just last night. polls opened just a couple hours from now in the state's third and ninth district for special l elections that are expected to be a litmus test for 2020. ahead of next month's first round of trait negotiations in washington, president trump says china wants to talk. >> i want china to do well and i hope they do well but they've had now the worst year in 57 years. i wonder why. unless we're going to make a good deal or a fail deal for our country, let's face it, we cannot go back to a situation. we're giving hundreds of billions of dollars to china become standard fare. not going to happen. we can't do it. cheryl: the president saying that the u.s. economy is strong. >> we have the number one economy anywhere in the world. [ cheering and applause ] >> and every time i meet a foreign leader, almost every
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time they say congratulations on what you've done with the economy. i said i didn't do it. i just set a certain path. the people of the united states did it. number one anywhere in the world. we've created 6 million new jobs since election day. more americans are working today than ever before in the history of our country. almost 160 million americans. cheryl: there's more bad news for china's economy. you got factory prices falling, the most in three years, just last month. and again, consumers there are under pressure as well. lauren: google is under a massive new investigation, 50 state attorneys general launched a probe to determine whether google is violating anti-trust law. cheryl: hillary vaughn is in washington with all the details. hillary, good morning. >> reporter: good morning, lauren and cheryl. google is facing their biggest state-led investigation ever
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after 50 u.s. attorneys general from 48 states and two u.s. territories a announce they're teaming up to investigate google's business practices. texas' attorney general is leading the investigation, starting with a review of ad practices, how consumer data they length feeds into ad dominance. the investigation could go further. >> many consumers believe the internet is free. certainly we know from google's products, the $117 billion that the internet is not free. >> the question for us today is whether google strayed from its founding principles to not do evil in its drive to be the market dominant player. >> reporter: the team of state watchdogs is a show of force for google. they say everything is on the table with this probe. district of columbia's attorney
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general said this bipartisan force is unprecedented. >> this is an unusual setting right here. i'm next to friends of mine who i vehemently disagree with but we are acting as one today in regards to launching what i know will be a fair and full investigation that will follow. >> when 50 attorney generals come together, 50 attorney p generals send a strong message to google. i'm not going to quote joe biden but i'm going to tell you it's a big deal. >> reporter: this is one more probe on google as they face a pile of issues. cheryl: hillary, thank you. well, more setbacks for british prime minister boris johnson's plan for the u.k. to leave the european union. parliament passed a law to block a no deal brexit next month and then they rejected the government's second request for a snap election there. parliament has been suspended
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october 14th, two weeks before britain is set to leave the eu. johnson said they are set to leave the union with or without a deal. lauren: huawei dropped a lawsuit against the u.s. government after washington released the company's equipment that was seized. it was seized after a lab test in california. u.s. prosecutors charged a chinese visiting professor with fraud for allegedly taking technology from a california company to benefit huawei. a hearing is scheduled for tomorrow in a brooklyn federal court. cheryl: wework is being urged to delay its initial public offering. sources say the pressure is coming from their main investor, soft bank, amid serious concerns about wework's business model and corporate governance, the structure of their board. the wall street journal reported that wework may cut its valuation for its ipo for
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somewhere below $20 billion. it was expected to start pitching the offering to new investors yesterday. lauren: treasury secretary mnuchin and mark colabria will testify today before a senate panel about their plan to overhaul the housing finance system. the trump administration unveiled the plan to privatize fannie mae and freddie mac. investors looking for more details on this plan from a hearing today. cheryl: the ceo of saudi aramco says a domestic ipo would be the primary listing, meaning it would be there and it would happen, quote, very soon, but he declined to say how much of the company would be listed on that exchange there. the chief said the company is ready for an international offering. saudi's crown prince first announced plans for the ipo in 2016. exchanges around the world clamoring to get this ipo. lauren: north korea continues to test weapons.
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the country fired two projectiles, the eighth round of launches since late july. hours earlier they announced they're willing to resume nuclear talks with the u.s. later this month but the north said wash washington must comee negotiating table with acceptable proposals. cheryl: benjamin netanyahu is claiming his country found a new nuclear site in iran. >> in this site, iran conducted experiments to develop nuclear weapons. this is the sit site. when iran realized we uncovered this site, here's what they did. they destroyed the site. cheryl: iran's prime minister is he rejecting this claim. he tweeted, the possessor of real nukes cries wolf. he's referring to israel's own presumed nuclear arsenal in that
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tweet. lauren: 50 people are now confirmed dead after hurricane dorian plowed through the bahamas. rescue workers warning that number could go up as thousands still remain missing. cheryl: dozens of survivors are told to get off evacuation boats after a misunderstanding. >> please proceed to disembark. cheryl: customs and border patrol is blaming the ferry company. they say the company did not coordinate that evacuation trip properly with the u.s. embassy and the bahamian government. folks are confused about whether or not they could leave the bahamas. lauren: all four crew members trapped in a capsized cargo ship off the georgia coast have been freed. cheryl: tracee carrasco has details on that story. tracee: coast guard rescuers were able to find the south korean p crew members by climbing down the side and drilling a hole in the ship's steel frame.
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rescuers were able to pass food and water to the crew members through the hole. all four were alert and in relatively good condition and were taken to a hospital for further evaluation. the ship was carrying more than 4,000 cars to baltimore. one of wall street's most powerful activist investors are challenging at&t. the hedge fund disclosing a $3 billion stake in the company. the investment firm criticized at&t's acquisition of time warner and called on the company to shed some a assets. it suggested at&t name new director toss its board. at&t said it will review the firm's ideas. former alaska governor sarah palin and her husband todd are apparently calling it quits. todd pay lyn.they filed for divg incompatibility. their lives were changed after
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sarah palin was picked as a running mate in 2008. china's richest man is stepping down as chairman of alibaba. he founded the company in 1999. it's valued at $480 billion. he reportedly is worth $38 billion. today is his final day at the company and he is celebrating it at an olympic size sports stadium in his hometown. cheryl: he loves getting on that stage and dancing around. lauren: i'm excited for the big party. tracee, thank you so much. cheryl: take a look at futures this morning. part of this is china, what you're seeing, the pressure on u.s. investors. we have weak data coming out of china. that could be good for trade relations. but investors are keeping a close eye on that. nasdaq is down 22 and-a-half. coming up, president trump still optimistic that we could see more record highs for the markets as he also lashed out at the media's recession obsession. >> the fake news was trying to
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convince people that maybe there's a possibility for a recession. well, a lot of things have happened, very positive. cheryl: is the economy as strong as the president believes? we'll talk about it. we told you yesterday, millennials don't like to spend money on rent. but wait until you hear what millennials are willing to pay top dollar for. keep it here, "fbn: a.m.." ♪ why don't you just meet me in the middle. ♪ i'm losing my mind just a little. ♪ so why don't you just meet me in -- just another reminder of the value you'll find at fidelity. open an account today.
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lauren: need a job? amazon is hosting a hiring event next week. they plan to fill 30,000 full and part-time jobs by holding a career day in six cities on september 17th. arlington, virginia, boston, chicago, dallas, nashville and seattle are the locations. ups says it's planning to hire 100,000 seasonal employees to support the anticipated increase in package volume. that will begin in november. christmas shopping. cheryl: all right. ready. well, it has been a banner year for the stock market, something that the president spoke about last night before leaving for a l rally in north carolina. >> just so you understand, our country is doing phenomenally well. there's a chance -- i don't want to talk about it, but over a very short period of time that we'll hit a yet new record. i think we have 118 records for hitting the top stock market.
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two weeks ago the fake news was trying to convince people that maybe there's a possibility for a h recession, well, a lot of things have happened, very positive. cheryl: that was yesterday afternoon, before he had the rally yesterday. todd hou horowitz is here. the dow has had 107 record highs since election day. there's a lot of talk about a recession. do you see anything out there that tells you that this economy is nothing but strong right now? >> well, good morning, cheryl. i think we're in good -- great shape. i think we are in the early stages of a recession. again, it will not necessarily affect the markets today or tomorrow but i think there's some things to look at and the lack of now hiring as much as they were hiring, we know we have great jobs numbers and they're lower but when you're starting to see companies start giving employees more hours and not bringing in new, that's usually a sign that there could be changes coming. there's a few other things.
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the massive amounts of debt out there and the company trying of raise money through debt because they have to sell goods. so those are some issues out there. but of course i think we'll get to the next record high. we have just broken out the other day a new rally, so i think that now we might see another leg up here and i think we will at least test the past highs here. i think there's a chance for 120 and 108. cheryl: how worried are you about what's happening between china and the united states? talks are scheduled for next month. but it seems more and more that investors are just saying you know what, we're likely -- maybe we won't get a deal or if we do it's going to be what long way -- be a long ways out. we have to be patient. >> i don't think we're going to get a deal. originally i thought we would get one quickly. as we get closer to next year's election, i think that china will probably try to hold out and see if there is a new president in place. i think they like the old deal they had where they took total advantage of the united states. so i don't think there's really
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going to be a deal and i think the agricultural markets are telling us there won't be a deal. however, i think investors are now past that. we're looking at the chase for yield. as investors look for places to go, there's one place in the world that you can get real yield still which is the united states stock market and as long as that's the case, money rules and price rules and i think that's what we're going to see. cheryl: the u.s. dollar is part of more than 85% of global currency trades. the dollar is still the place to be. i remember peter navarro was on with maria bartiromo on sunday morning futures, he was saying the economy is strong. he continues to say the chinese are paying for the tariff war. you can dispute that or not. but all of this could change when we hear from the ecb later this week and we get the fed decision next week. if we get more stimulus flooding into global markets, it's not going to matter. it's going to be game on for the markets, right, todd? >> i think so. i think, look, the way you look at it is very simple. the u.s. dollar is another safety asset which people run
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to. i think you're going to see mario draghi go out in his final meeting with guns ablazing, looking to do whatever it takes to make his markets go higher, which will propel our markets. i think the free money will continue to push markets higher as bond yields fall, as we see the consistent lowering of rates, we're going to have the massive rally coming out of there. cheryl: guns ablazing. we'll see if jay powell has his gunblazing next week. lauren: wendy's is bringing back breakfast, spending $20 million to add more items to the menu and extend the hours. items include a chicken biscuit and a frosty made with coffee. right now wendy's offers breakfast at only 300 locations. cheryl: i will try the frosty with the coffee. lauren: me too. cheryl: millennials may not want to pay rent. but a new survey says they're willing to pay top dollar for grocery.
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this is a study by whole foods. nearly 70% of millennials will spend more money if they can get high quality food. they will pay more money for food that is responsibly sourced. i think a lot of people are kind of going in that direction. lauren: i agree. that is the trend, especially with millennials. first, it was google and now a child. why the ftc is targeting an 8-year-old kid. and the fda going after juul, over more than just the company's vaping products. keep it here, "fbn: a.m." ♪ i've been hanging around this town. ♪ i've been thumbing around this old townan for so long. with technology that helps you offer shoppers a better experience. take your company's app. we can add in all sorts of capabilities, which help your customers manage rewards, offers, and payments on the fly. and now, applying for credit
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that could allow hackers devices into your home.ys and like all doors, they're safer when locked. that's why you need xfinity xfi. with the xfi gateway,
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devices connected to your homes wifi are protected. which helps keep people outside from accessing your passwords, credit cards and cameras. and people inside from accidentally visiting sites that aren't secure. and if someone trys we'll let you know. xfi advanced security. if it's connected, it's protected. call, click, or visit a store today. cheryl: this is 8-year-old ryan
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kashi, he's a youtube star. he makes about $20 million a year. he's famous for reviewing new toys on his youtube channel. now the federal trade commissions has their sights set on him. they say he did not disclose the fact that he was pushing toys for companies that sponsored him and 92% of the toys he reviews are aimed at children too young to tell the difference between advertising and original content. his channel has more than 21 million subscribers. tough lesson for him. lauren: google is gearing up for a major anti-trust battle. the investigation launched yesterday. it shows how states are front-running the policing of big, bad tech as washington has been slow to regulate. attorney brian ratella is here. good morning. >> good morning, lauren. lauren: clearly, power in numbers here as the nation's ags ban together. what is google's best defense, if your opinion? >> well, lauren, let me explain
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to the folks out there what anti-trust is about. if you remember the movie with daniel day-lewis, there will be blood, he said if you're drinking the milkshake and your straw goes all the way to the person at the other restaurant and drinks up all of their milkshake, that's a company sucking up competition. what the ags are saying is google has, for an example, sucked up all of the competition from all of the other search engines. lauren: nine out of 10 searches go through google. >> that's right. what they're saying is usually monopolies were busted from the late 1800s to the 1900s if the price went up and the consumer was affected because they had no other choice but price. here with google, remember what's happening, companies out there are buying ads, only on google and they're steering the algorithms so the consumer only has one choice. they have to dial into google to find what they're looking for. lauren: possible outcomes here? >> i think they've got a really
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good chance, lauren. i actually do. finally after 25, 30 years of the internet, i think we're going to see some type of relief to try to rein in and let others come into the field. lauren: we can debate whether that's good or bad for the industry but i want to talk about the college admissions scandal. felicity huffman will be sentenced on friday. she wants probation. is she going to prison instead? >> i think she's going to prison for one month. and very quickly, what she did is she's trying to minimize -- these pleaded guilty. she's trying to minimize her sentence. i've got to tell you, for a former desperate housewife star, she looks desperate by saying, gosh, minimize my sentence because i can't h get work. lauren: where's the violent crime? who lost money? >> it's the kid who didn't get that seat because felicity and other folks paid for their kid's sat scores. they paid -- remember, it's the fraud of using u.s. mail. so they paid for this across
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state lines. lauren: it's all about privilege and fairness. brian, thank you. >> thank you. cheryl: well, e-cigarette maker juul is facing backlash from the feds. in a warning letter, the fda claimed the company ignored the law by marketing their products as safer than cigarettes. the fda said the company targeted children. if they don't work to correct marketing they could face fines or other consequences. the cdc is investigating 450 case is of a mysterious illness connected to vaping. we have action on wall street to show you. the dow is under pressure. we got weak economy data out of china, two different reports showing their economy might be in trouble. dow is down 55, s&p is down 6 and-a-half, nasdaq is down 24 and three quarters. going to be good for the trade negotiations, though. could the war over fake news be headed to instagram? why the popular app could be in the middle of a 2020 controversy.
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and we're going to tell you about one city that's making a big investment in its kids' futures. you're watching "fbn: a.m.." ♪ what you want to do. ♪ i think i could stay with you for a while we present limu emu & doug with this key to the city. [ applause ] it's an honor to tell you that liberty mutual customizes your car insurance so you only pay for what you need. and now we need to get back to work. [ applause and band playing ] only pay for what you need. ♪ liberty. liberty. liberty. liberty. ♪ [upbeat♪action music]
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cheryl: a brand-new poll shows the three frontrunners on the democratic side are commanding a solid lead. joe biden is in the front at 27%, bernie sanders at 19, elizabeth warren with 17%. a 10 point lead over fourth place kamala harris. a former pennsylvania governor is accusing warren now of hypocrisy, saying her campaign, which has sworn off big donations and any influence from the wealthy is actually built of left overfunding from her 2018 senate bid which was funded by large donors. this is ed rundell that made the comments.
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could this be a dent for the progressive candidate. let's bring in anders heckstrom. is she a hypocrite? >> can you blame her for sticking her hand in the cookie jar one last time before closing the lid? cheryl: no, i can't. the new york times reported it was $10 million that was taken from her 2018 senate bid. >> i certainly think there is certainly a tinge of pock hypocy to it. i think she is serious about her anti-wealth rhetoric. this is a dent but i don't think it's going to affect how people -- like how seriously people view her policies today. i think she's done a pretty good job of selling the idea that she is anti-big business, so i don't think it will be too effective. cheryl: okay. does the average voter know the behind the scenes stories? >> exactly. cheryl: no, they don't. that's the problem.
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let's talk about joe biden. there's a report out in politico that says basically that all of the other campaigns are waiting for a biden collapse, that even though right now he's way ahead in the polls and if democratic voters want electability, it's still joe biden against president trump. all of these campaigns are coming up with plan b, when you falls apart. is this the gaffe machine? what's going on? >> i think that's been the feeling that people have had about joe biden's campaign from the beginning. the day he announced his campaign, people said oh, this is the best day his campaign will ever have, the day he announces. to a certain extent that's been true. he has been consistently dropping all his -- his lead has done nothing but shrink since he announced his campaign. it hasn't shrunken a whole lot, as much as other people expected but it has shrunk. every time he's gone on a stage, he's made a dozen -- dozens of
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gaffes and sort of embarrassed himself in a lot of ways. i can understand why a lot of campaigns are smelling blood in the water because a lot of the time biden seems not able to even string a sentence together. cheryl: i was going to say, we're coming up on the next democratic debate later this week, anders. is this going to be make or break -- maybe not for biden so much but what about kamala harris? >> i don't think kamala harris has much of a chance at this point. i think the story is sanders, warren, versus biden and i think the real chance that either sanders or warren have is if the other drops out, then the other could beat biden. i think that's the path that either of those have to winning the democratic nomination. cheryl: we're getting ready, iowa, new hampshire, a few months away. and we're going to have you back to talk all about it. thank you for being here. >> thanks for having me. lauren: the cia slamming a cnn report claiming a russian informant had to be extracted because they were com compromisy
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president trump. they say misguided speculation that the president's handling of the nation's most sensitive intelligence drove an alleged ex filtration operation is inaccurate. according to the washington post, the russian informant had provided information to the u.s. for decades. the new york times says the unidentified person was vital in uncovering russian election meddling. they were reportedly extracted from russia back in 2017 over concerns over being caught by the russian government. cheryl: well, instagram could be the next battleground against fake news in the 2020 election. a new report from new york university lists the social media app as one of the largest threats to the u.s. election. researchers point out dis information is largely spread through images, rather than texts. lauren: speaking of fake news, the third time not the charm for facebook's ceo mark zuckerberg. zuckerberg rejecting a new and
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third request to testify before lawmakers from a dozen nations working to investigate disinformation. both canada and the u.k. threatening to summon zuckerberg after he skipped prior gatherings in their countries. rhode island democrat david sisilini will be the first u.s. lawmaker to participate when the group meets in november. cheryl: a special back-to-school gift for kind kindergartners to tell you about in boston. the public school system is starting savings accounts for every kindergartner in the area with $50 in each account. it is available to the students when they graduate high school. lauren: let's take a look at how your money is doing this morning. the dow looks like it might break a four-day winning streak, futures down 71, down 8 on the s&p and 31 on the nasdaq. still ahead, another bad day for boris johnson. why the british prime minister just can't catch a break.
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are his days numbered? and we're going to tell you how you can own the car that broke the 300-mile per hour barrier. keep it here on "fbn: a.m.." ♪ i woke up in a new bugatti. ♪ i woke up in a new bugatti. ♪ i woke up in a new bugatti.
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cheryl: the bugatti that broke the 300-mile-an-hour speed barrier could be yours, or at least a replica of one. they plan to sell 30 copies of the car. the car is not going to be exact replicas. they will have a limiter to prevent the car from going over 300 miles per hour. the company is considering allowing owners to bring their cars to the track and have them modified so they can at least hit that top speed in a safe environment. lauren: u.k. lawmakers reject early elections, that's strengthening the british pound and pressuring the ftse 100. this is ahead of this week's meeting of the european central bank. let's start with brexit. craig erlum is a senior market analyst. he joins us from london. there's a showdown between parliament and boris johnson. johnson wants a do or die brexit. are we looking at a delay
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instead? and jp morgan this morning says the most likely scenario is boris johnson resigns. >> let's face it, we're all playing guessing games at the moment. i'm sure in a week our guesses will be modified and a month from now it will be different again. i think what jp morgan is saying is the most likely, ultimately boris' hands are tied. while they will try to get around the law, if they can't go around the law they certainly won't break it. boris isn't going to risk jail time over this. i think the most likely scenario is they find they can't get around the law, he resigns, the extension happens and then an election happens shortly after that. lauren: that is a real possibility that boris johnson can be put in jail over all of this, this three-year saga continues to continue. we have the ecb meeting later this week. what can they do? what will they do? will it make a difference, craig? >> i don't think it will make a difference, to be quite honest. we're looking at a bond market where so many bonds are in
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negative yield territory, the 30-year german, the yield serve is in negative territory. how much more can a central bank do. they can cut the deposit rate by another 10 basis points. how much of a difference will that make? i feel like we're getting desperate and i think it's the government that's have to do more rather than the central bank. lauren: the deposit rate is minus 0.4% and what good is it? craig, thank you very much. cheryl: a california judge again has blocked the trump administration's new asylum rules. lauren: tracee carrasco here with the details. tracee: it is the second time u.s. district judge john tiger ordered a nationwide halt on the trump administration's plan to prevent most migrants from seeking asylum at the u.s., mexico border. the judge blocked the policy back in july but theth circuit court of appeals limited the order to california and arizona. tiger again blocked the rule nationwide, saying it was the
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only practical way to proceed while the asylum restrictions are challenged in court. southwest airlines and boeing have been discussing reimbursement plans due to the grounding of the 737 max jet. southwest's ceo, gary kelly,s says he wants to share it with employees. southwest says the grounding of the jet has cost $225 million in the first half of the year alone. if that money is paid out evenly to all employees, each could receive about $3,800. cleveland browns odell beckham junior made headlines for his $350,000 watch he wore at sunday's game. now the nfl said beckham may have violated a rule that prohibits players from wearing hard objects. the league will meet with the star wide receiver and he could be fined. and that is what's happening now. cheryl: just silly decision by his -- i mean, come on. lauren: a $350,000 watch. cheryl: just a watch in general. that's a safety issue on the
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field. glad the nfl is going to deal with that. tracee, thank you. coming un, apple is getting ready to unleash the latest and greatest products later today. but will the china trade war rain on the p raid? we'll talk about it. has degree is looking to make -- hasbro is looking to make monopoly your new favorite game. here's a hint. it's ladies night. you're watching "fbn: a.m." ♪ at synchrony, we're changing what's possible. for instance, we know how your customers shop. and what they've already purchased. like this lamp. and we use those insights to show you what they might consider buying next. mid-century modern, nice. that way, you can keep sending them offers for the perfect products. and that keeps them coming back.
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cheryl: today is the day, apple's big day has arrived. the company is set to unveil the newest generation of the iphone at an event in california. lauren: we're not as excited as we used to be.
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this event has been clouded by the recent trade war with china and then rumors of features that may not be available as promised. i'm not excited but brett larson and cheryl certainly are. what do you think about this? >> look, i have a life -- i am a life-long apple fan. this is like apple prom today where you get to see the new stuff. it's already exciting around this time because the rumors heat up and mac fan sites talk about what they think is going to happen. it's pretty much a sure thing that we're going to get a new iphone, a new ipad. there's a high likelihood we'll get new apple watches. lauren: three iphones. >> they're going to do the pro, the xs, -- cheryl: it's iphone 11 pro. do i want to buy this? i don't know. like a regular iphone 11. what do you think? >> apple fans will understand what i'm saying. this is the middle phone. this is where it's like we're going to have this one more thing because next year is when we're going to get 5g, that's when likely all the handsets are
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going to have the oled displays, that's when they'll probably have newer battery technology that will last longer and if they don't go usbc, i know that's nerd speak, they have the lightning connector now but they have usbc on the pro, so the lightning connector has served its time. cheryl: they change the charger so people have to buy new one. >> don't you have shoe boxes full of the chargers? lauren: is there a possibility on the new iphone you can charge the other devices like that. >> that was a rumored feature that we're hearing may not be the case. lauren: i like that idea. >> samsung has it. and what's abou great about it,u can put your wireless headphones on the back of the phone and transfer you power. apple had power with the wireless charging. they had the universal charging pad that was delayed. cheryl: we're going to talk china. there's no way they can move
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production out of china. they'll be asked a lot about the tariff issue. >> they will be asked about that. the component prices have dropped so they have a little wiggle room to deal with any sort of tariffs on imported products where it won't have to be passed along to the consumer. cheryl: brett, it is prom for apple people. for me, anyway. brett larson is there. lauren: pg & e is offering a plan to settle billions of dollars to victims of the wires. it puts $18 billion on the table to pay claims and steer the utility out of bankruptcy. they filed for bankruptcy protection back in january because of liability stemming from the california wildfires in 2017 and 2018 including the november camp fire. that was the deadliest and most destructive in california history. cheryl: and parts of california are facing critical fire weather risks. lauren: let's bring in senior meteorologist janice dean live if the fox weather center with the latest. janice: elevated to critical
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fire danger across portions of the west. taking a look at temperatures, 86 right now in phoenix, still hanging onto summertime across the southwest and the southern plains. the gulf coast, up towards the southeast. let's take a look at the radar. we have the potential for strong to severe thunderstorms from the rockies through the northern and central plains where we could see large hail, damaging winds isolated tornadoes and flash flooding, so keep that in mind. that's going to be several-day event. here's forecast today. 92 in houston with some thunderstorms. 95 in atlanta with the hugh hum, it's going to feel warmer than that. 78 in new york, it's going to be 96 and sunny for he phoenix. now, we are not done with the tropics. we're actually into peak season. i don't have any -- well, actually we have a named storm, this is gabrielle right here, not affecting land. watching this area of possible development as well as two areas in the atlantic. so just stay tuned.
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ladies, back to you. cheryl: 'tis the season, that's. lauren: janice, thank you. cheryl: this is an interesting story. hasbro is taking on the gender pay gap with a new version of monopoly. mrs. monopoly is going to feature a number of changes to the classic game, that includes ride shares instead of the railroad, wi-fi replaces water works and most notably, women will make more than men throughout the game. it is available for preorder through walmart and it will set you back just $19.99. lauren: i like it. i like it a lot. all right, up next, mcdonald's is bringing back a fan favorite but there's a big catch. why phillies man's may just have the luck of the irish. that was the clue. and $120,000 turns into a brand-new race car and criminal charges after a couple got a six-figure deposit, oops, by accident. should they really have to go to trial for someone else's mistake? keep it here on "fbn: a.m.."
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♪ at fidelity, we believe your money should always be working harder. that's why, your cash automatically goes into a money market fund when you open a new account. just another reminder of the value you'll find at fidelity. open an account today.
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>> we are playing that song for a reason, mcdonalds is bringing
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the shake. >> i would like to wish you st. patrick's day. if you rely on mcdonalds to keep up with holiday, you're heading out day drinking. [laughter] >> promotion only in philadelphia, oh, i'm on camera, monitor is blocking me. what do you think? lauren: i love it, there's also -- cheryl: shamrock chocolate combination. >> positivity. lauren: i'm interested in wendy's with coffee.
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cheryl: what would you do if they stole hundreds of thousands of dollars. >> the question is should they be -- cheryl: what do you think? >> i mean, look, there's an argument to be made when you sign up for bank account you probably n situations like this you have an obligation to report for but, you know, definitely -- cheryl: somebody else's money, the caller made an accident, they went out and bought like an rv, they gave money to friends, they spent all of the 120 i think.
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[laughter] lauren: thank you for joining fbn:am, mornings with maria start now. >> good morning to you, i'm maria bartiromo, good morning, happy tuesday, tuesday september 10th, near top stories before 6:00 a.m. on the east coast, president trump doubling down on trade fight, now touting the effects of tariff's on china's economy, need for fair deal with the united states, the president getting praised from unlikely source, billionaire and democratic supporter george soros, markets lower open. if things stay like this, 2 and a half hours from now. live to apple park for a look at what to expect this morning. then more trouble for wework to tell you about, the company's largest outside investor soft bank reportedly asking the
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company the coworking giant to show ipo. mornings with maria begins right now n. ♪ ♪ ♪ maria: big show this morning, fox business network dagen mcdowell, washington examiner tiana and jack. fox news senior strategic analyst retired four star general jack keane is with us on north korea, georgia's senator member of

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