tv FBN AM FOX Business September 12, 2019 5:00am-6:00am EDT
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america largely because president trump makes it so. hope you will join us tomorrow. we'll be in new lauren: it's 5:00 a.m. here are your top stories at this hour. new signals of potential easing, trade tensions between washington and beijing, sending u.s. futures higher. president trump delaying tariffs on chinese goods until october 15th and china says it's serious about buying u.s. farm products. cheryl: the dow is up 57 points in the premarket. tonight will b do or die for soe candidates, 2020 candidates front and center, tonight's third debate is on. joe biden's gaffes an issue. who will have a bigger target on their back? lauren: after six deaths and a mysterious lung disease outbreak, the white house plans to crack down on e-cigarettes.
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cheryl: and the crazy reasons that americans are canceling dinner reservations, plus, who are the best and biggest tippers. it is thursday, september 12th and "fbn: a.m." starts right now. ♪ ♪ when the lights go down in the city. ♪ and the sun shines on the bay. ♪ i want to be there in my city. cheryl: beautiful shot of the city on this thursday morning welcome to "fbn: a.m.." good morning. i'm cheryl casone. lauren: good morning, i'm lauren simonetti. cheryl: let's take a look at how your money is moving. wwe didsee a pop in the futurese u.s. and china seemed to dial
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down the trade rhetoric. the s&p is up by 4 and-a-half and nasdaq is up by 27. the dow is on track to have seven straight days of gains. lauren: let's take a look at the ecb decision day, the yield on the 10-year treasury down 1 basis point. cheryl: watching oil, opec cut the demand forecast, a fourth weekly supply decline in this country, pressure on oil. lauren: the trump tariff delay boosting stocks across asia. hong kong closed lower. south korea is closed for a holiday. cheryl: we're waiting on breaking news from europe, the decision from the central bank on tap in a few hours, expected to announce stimulus for the eurozone. the ftse is higher, cac slightly in the red and the dax is slightly higher. lauren: several big story lines affecting markets today. right now, it's all about china. they say they welcome a goodwill gesture by the united states to
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delay the next increase on tariffs on chinese items for two weeks. next month will be the 13th round of trade talks in washington, d.c. chinese commerce industr commere started to make inquiries about u.s. goods. >> reporter: the chinese suspended tariffs on 16 critical imports from the u.s. into china. these are things that china can't make or get anywhere else, like oil lubricant, also a medical device that can defect how large a tumor is, also treats forms of cancer, that device is sold by companies like verion medical systems. this will help those individual companies, but not make a huge difference on the big overall impact of the retaliation tariffs. still, president trump saying that he reads this as a gesture
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by the chinese. what's more significant are comments essentially by the number two person in the chinese government. listen here to the chinese premier after meeting with the u.s. business delegation in china. >> china is the largest developing country in the world and the u.s. is the largest developed country. we share wide common interests and i believe we have the wisdom to find a solution acceptable to both. very positive talk, but what i have not heard yet is about if any of the concessions, the u.s. trade representative was deleted from the deal by china, would be put back. lower level meetings will happen in the next two weeks or so and that will set up a meeting in early october between the head of the two trade delegations. back to you. cheryl: edward, thank you. the top 10 democratic presidential candidates will share the debate stage tonight for the first time, that's going to be in houston, texas. businessman andrew yang promising to deliver something big. but according to the daily
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beast, yang's campaign said he would do something no presidential candidate has ever done before in history, wouldn't elaborate on that and the gop plans to send a message of its own. the trump campaign will fly a massive banner over tonight's venue that will read socialism will kill houston's economy. lauren: a major win for the trump administration, the supreme court is reinstating asylum restrictions after an about-face from the ninth circuit. cheryl: griff jenkins is live in washington with reaction from democrats and the justices and the two dissenting opinions. >> reporter: of course, cheryl and lauren, good morning. the high court giving a green light to enforce restrictions on asylum seekers. the president claiming victory, tweeting big united states supreme court win for the border on asylum. the ruling follows a u.s. district judge's blocking the administration's ban nationwide earlier this summer. then the ninth circuit court of
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appeals narrowed it with an injunction to arizona and california, meaning the ban applied only in texas and new mexico. now the ruling said it can move forward in all states. two of the nine justices dissenting. sotomayor said the executive branch issued a rule that seeks to upend long-standing practices regarding ref yo refugees that k justice from percent case. some say it will assist the administration in trying to bring order to the southern border and discourage frivolous claims. richard blumenthal was blasting it. >> the people covered by this rule, barred from seeking asylum here, are similarly seeking to escape persecution, violence, condoned by the governments in their countries. this kind of rule contravenes the spirit, if not the letter of
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this law and the intent of congress in passing it. >> reporter: while it's victory for the administration, we haven't heard the last of it. the decision wasn't a ruling on the merits of the case. those arguments will continue to play out in the lower courts. lauren, cheryl. lauren: thank you very much. perdue pharma, the maker of oxycontin, reached a tentative deal to settle thousands of opioid cases. terms of the agreement with 23 states and 2,000 local governments call for perdue pharma to file for bankruptcy and pay as much as $12 billion over time. the sadler family, they own perdue. they say $3 billion -- they pay $3 billion over seven years and surrender control of the company. there is a lot of t criticism of the potential deal. cheryl: a jury in new jersey cleared johnson & johnson of liability lawsuit related to the company's talcum powder
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products. the case was brought by a man who said asbestos in the products caused his mess they'll mesothelioma. lauren: stocks to watch. health officials have been warning about the dangers associated with vaping. the president is taking step to combat the growing amount of illnesses and fatalities thought to be caused by e-cigarettes. cheryl: kevin cork has the latest for us from washington. >> reporter: taking federal action on vaping, president trump and the fda are calling attention to an increasing amount of deaths andnesses believe todd be caused by the use of e-cigarettes. >> we can't allow people to get sick and we can't have our youth be so affected. >> reporter: the centers for disease control and prevention says more than 450 people have been sickened nationwide, experiencing varying degrees of
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respiratory illness. some are so serious they require ventilators and intensive care. alex sazar says something must be done to curb the growing problem, starting with a ban on flavored oils. >> all flavored e-cigarettes other than tobacco flavor would have to be removed from the market. tobacco flavored. -cigarettes, their manufactures would have to file for approval by fda of r their products. >> reporter: more information and guidance is expected in the coming weeks. the cdc is warning people against buying any e-cigarette products on the streets, stressing the oils can contain unknown chemicals. officials want parents to be vigilant, noting many of the products are marketed to teenagers. juul is on the defensive, arguing it is not advertising toward young people. the fda is ordering the company to stop suggesting that vaping
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is a safer alternative to cigarettes. kevin cork, fox news. cheryl: well, uber is vowing to fight after california lawmakers approved a landmark bill for gig economy workers. this measure would require companies like uber and lyft to treat their contract workers as employees. uber's arguing drivers are not core to its business but the company also says forcing its drivers to become employees would up-end the business model that is built on flexibility. lauren: an industry giant has died. cheryl: good friend of fox business. tracee carrasco has the details. tracee: good morning. oil tycoon t bone pickens has died. he was the long-time ceo of messa petroleum, one of the largt oil and gas companies in the country. pickens suffered a series of strokes a few years ago and was hospitalized in july 2017 after it was called, quote, a texas
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size-falls. he died surrounded by friends and family. oracle's ceo mark herd taking a leave of absence. the company citing health reasons for the decision, without naming specifics. his departure mean safra catzl be the ceo. smile direct club raised $1.5 billion in the fifth biggest initial public offering this year. the company selling more than 58 million shares yesterday for $23 each. they had offered the shares at 19 to 22 each. and a scathing new report claiming trip l he'l triple cror justify was able to race despite failing a drug test. the new york times reported the horse tested positive for a drug that could enhance performance a month before the kentucky derby. the horse racing board dropped the case four months later claiming the results could be
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from contaminated food. an expert said the amount of drugs indicate it was intentionally given to him. baffart is justify's trainer. cheryl: if they knew about it, that's my next question. thank you very much. lauren: striking distan strie dow gaining 60 as it rides towards the longest winning streak in 16 months. still a ahead, president trump delaying the latest round of tariffs on chinese imports weeks ahead of another trade meeting with chaff but are we closer to a deal? have you dreamed of life in the italian countryside or kicking back with a cup of coffee, would you believe you can get paid to do both, maybe at the same time? the details you won't want to miss. cheryl: and as we head to break, want to take you to a live look, this is the 9/11 tribute in light right here in new york city, still nice and bright as the sun is about to
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come up here in manhattan. this represents of course where the twin towers once stood. we'll be right back. ♪ new york, concrete jungle where dreams are made of. ♪ there's nothing you can't do. ♪ now you're in new york. ♪ these streets will make you feel -- 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. thand find inspirationind who win new places.ct... leading them to discover: we're woven together by the moments we share. everything you need, all in one place. expedia.
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entered president trump's mar-a-lago resort earlier this week has been convicted of unlawful entry. this is the case of a 33-year-old shanghai business consultant, she was also convicted of making false statements to the u.s. secret service. she faces up to six years in prison. lauren: president trump is ruling out for now slashing taxes on capital gains after meeting with his advisors yesterday. the president decided not to lower capital gains taxes by indexing earnings to inflation, he concluded at this time he doesn't feel enough of the benefits of doing that would go to the middle class. cheryl: a social security expansion plan that is currently under consideration by house democrats would extend the program's solvency by raising payroll taxes on high income earners. if it's passed, the bill would make the program solvent for at least 75 years by beginning to raise payroll taxes next year. under current law, social security expected to expire by 2035. lauren: the u.s. and china exchanging olive branches ahead
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of next month's trade talks in washington. will these goodwill gestures pay off? do we get a deal? jonathan hoenig, managing member at a capitalist figure joins us now. one of the headlines, chinese companies started price inquiries for u.s. farm goods. are you encouraged by any of this? >> the market certainly is encouraged. we've had 13 rounds of these trade talks and every time some type of delay is announced, you get a pop in the markets, oftentimes it falls off. we'll have to he see if the 14th time is the charm. a delay in tariffs, this is a delay in taxes, a dea lay in taxes on americans who want to buy something. the pratt himself said -- the president said he thought the dow might be 10,000 points higher, if not for the trade war and he's right. yes, the trade war is having an impact on china. it's also having an impact at home, whether it be jobs or
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farmers. this is a positive sign. lauren: one way to get the dow 10,000 points higher is to keep monetary policy extremely loose. the president tweeted yesterday, i'm going to read you part of this. the fed should get interest rates to zero or less and we should start to refinance our debt. he goes on, he calls jay powell and company boneheads. i have two questions, based on what the president said. if you lower interest rates to zero and even if you go negative, doesn't that signal that there is something wrong with the economy and that we could then be headed for a he recession? >> low interest rates, negative interest rates, it's not a way to make your debt go away. it's a sign of a very weakened or a process of an economy in destruction. look at europe, whether the low interest rates, whether it be the bond purchases, all the interventions they have attempted to make, even the weakening of the euro currency, that has done nothing to revive
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the economy or look at japan, they have had ultra low or negative interest rates for 20 years. it has done nothing to revive their economy either. the president respectfully should probably be a little careful what he wishes for because negative interest rates are a sign of a hurting economy, not a healthy economy. and certainly not an economy in a market that is just a few points away from an all-time high. lauren: we're in striking distance, less than 1% for the dow and broader market. but, yes, there is -- i don't know if you want to call it coordination, maybe co-dependency but there is in-tandem moves if you will by global central banks. we'll see what happens. jonathan, thank you for the time. >> have a great day. thanks, lauren. cheryl: all right. well, the ceos of 145 u.s. companies are calling on the government to do something about america's gun violence. leaders of companies including airbnb, th gap, pinterest, lyft and royal caribbean have sent a letter to the senate urging
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expanded background checks and stronger red flag laws. last week walmart announced they were removing certain ammunition and guns from their stores and they changed the open carry policies. kroger, cvs, all changed their policies of displaying guns on their body following walmart's lead. coming up, a new tool used by the nation's law enforcement agencies getting a big thumbs up from americans. how tech is helping to catch the bad guys. and she broke the internet with one photo. now she broke her own website. how kim kardashian's latest controversial clothing brand caused another big stir. you're watching "fbn: a.m." ♪ dress you up in my love. ♪ all over, all over. ♪ gonna dress you up in my love. ♪ all over your body. ♪ t.
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lauren: it is a controversial technology but according to a new survey, a majority of americans trust police to use facial recognition responsibly. the pugh research center found that facial recognition is an acceptable way to help keep public spaces safe. it has run into problems, sometimes mis misidentifying lawmakers as criminals. cheryl: the ftc is looking into amazon's marketplace and trying to determine if it's hurting the competition. lauren: hillary vaughn has the details for us. good morning, hillary. >> reporter: good morning. the ftc is on a fact-finding mission which could be setting up a larger probe by the ftc into amazon over anti-trust concerns. here's what's happening. the ftc is sending a team of lawyers and economists to interview amazon merchants, to
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get information on how the e-commerce giant operates and deals with third party sellers. we spoke with one merchant who was suspended b the company. he talked to the ftc on august 23rd for an hour and-a-half. there were five attorneys and one economist on the line. they wanted to know about amazon's suspension policies, the information they required sellers to hand over and how much merchants make on other competing sites like e-bay. amazon is not commenting on this and the ftc is not either. these are themes we've her come up on capitol hill. amazon's general counsel testified in july. at the hearing we got a taste of what amazon's argument is. they may have a large share of all online sales, over 47%, but they think regulators should look at the retail landscape including brick and mortar. when you do that, amazon represents 5% of total retail sales. from the looks of it, the ftc watchdogs are not buying this
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and want to do more digging. lauren: thank you very much. walmart is extending the delivery service, the subscription service has two options, you can pay a $98 annual fee or $12.95 a month to receive unlimited groceries. you can still opt to paper delivery if you don't want to subscribe. walmart plans to roll out the new service in more than 1600 stores and more than half of the country by the end of the year. cheryl: talk about a midas touch, kim kardashian's new shapewear line raked in millions of dollars in minutes. the skim solution wear line, originally called kimono, brought in $2 million in a few minutes after going on sale. nearly every piece got sold out. the website even crashed just before the sale launched because of heavy traffic. sources telling tmz that kim's first day sales numbers unprecedented for shapewear and underundergargarments. lauren: coming up, the democratic candidates sharing
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the stage tonight. could a wild card be in the bunch you're looking at. and hillary clinton is embracing her most infamous ca scandal, wl tell you how. keep it here on "fbn: a.m." ♪ 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. how's that for changing what's possible? 2,000 fence posts. 900 acres. 48 bales. all before lunch, which we caught last saturday. we earn our scars.
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cheryl: the top 10 democratic candidates are taking the stage tonight for round three of the presidential debates. this will be the first time that some of them will be able to square off against each other, in particular the matchup everybody is talking about, frontrunner joe biden and elizabeth warren. this is their first time being face-to-face. is warren going to attack biden on his string of gaffes? is he going to call her out for hypocrisy. let'guys, good morning. it will be interesting tonight. we're down 10 and what's going to be interesting is the matchup
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between biden and warren. they both have been asked repeatedly what their strategy is going to be. neither are tipping their hat. what do you think? >> this will be most interesting. especially to see if biden comes for elizabeth warren, because she's been increasingly steadily in the polls. she's the one to watch right now. and, look, she just had the meeting with hillary clinton last week that drew some criticism because she met with her specifically to talk about how to raise the big money which doesn't look so good, compared to the message she was talking about from raising so much money from small donations, so joe biden may very welcome for her and all eyes will be on biden to see if he continues with his gaffes. cheryl: the republicans and i'm sure the president we would think is going to be watching tonight. the question here i guess for them is, karl rove wrote an opinion piece in the journal, it said there's only three candidates that have a shot and that is biden, that is sanders,
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and that is warren. from a republican standpoint, what do you want to he see or maybe not see tonight take place? >> i'd like to see something interesting happen. i mean -- [ laughter ] cheryl: okay. me also. >> this is the most boring crop of candidates and most boring primary pros that's i've witnessed. we need some electricity in there. you've got joe biden who is literally decomposing before our eyes. he's like weekend at bette at b. he can't remember the president's name. he's bleeding from his eyes. i think warren is going to talk about those sorts of issues. i think biden is going to bring up the fact, gloves are off, he's going to take on warren, talk about the big money, he's going to talk about her history of being a republican. cheryl: i've got to push back on that. it hasn't hurt biden when it comes to the polling. still is leading, whether up against the president or against
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the others. we got a poll from texas democrats, 28% for biden, guys. elizabeth warren, 18% and sanders at 12%. you know what, robin, you've had this pact between sanders and warren that's been reported on that they're not going to go after each other. they may have to tonight. >> they need to. look at how they're splitting the vote. i wish that something would happen in one direction or the other with the two of them. because they're splitting a vote and it doesn't make any sense to me how they've made this pact to not go after one another. also be interested tonight to see what andrew yang has to say. he's sort of the outlier and a amy klobuchar also as a moderate, she's got to get some momentum. cheryl: yeah. and really quick, i want to say, guys, i think the name calling i think is getting a little uncomfortable for folks. i don't think biden, him being called a corps is really appropriate -- a corpse is
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appropriate for our show. joe biden is leading and there's a lot of focus on the top three democratic candidates as car rovkarlrove pointed out. lauren: today the house judiciary committee will vote on formalizing rules on presidential impeachment hearings, afte. hoyer said he misunderstood the question. the top democrat clarifying in a statement, saying this. in part. i strongly support chairman nadler and the judiciary committee democrat as they proceed with their investigation to determine whether to recommend articles of impeachment to the full house. we're still talking about impeachment, folks. let's take a look at how your money is moving this morning, investors waiting on the latest inflation read, dow is up 50, nasdaq tacking on 25.
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it started as a way to help quit smoking, but now it might be killing people across the country. how dangerous are e-cigarettes and what can regulators do to stop the vaping epidemic? and the iert is outraged, cheryl, over the latest twinkie. keep it here on "fbn: a.m.." ♪ you've go got me running. ♪ you've got me searching. [upbeat action music]
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lauren: 8 million adults, 5 million kids, vaping. you now the trump administration plans to ban the sale of most flavored e-cigarettes across the country. >> this is exceptionally harmful to our children. an entire generation of children risk becoming addicted to nicotine because of the attractiveness, appealability, and availability of these vaping products. lauren: fox news medical a-team's dr. mark seagal joins us now. this is an open demick. do you think -- he epidemic. do you think planning flavored e-cigarettes at the federal level is the solution to the epidemic. >> i don't know if it's the solution. there may be no other way to
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stop it, when you consider the national youth tobacco survey found, as you showed, up to 5 million high schoolers and middle schoolers are vaping on a regular basis and then they asked them, what's making you vape and they said -- 70% of them said it's the flavoring, only 13% knew there was nicotine in the product. the problem is, there's a ton of nicotine in these pods which leads to a four-times greater chance of becoming regular cigarette smokers. the vaping industry said wait a minute, there's less kids and teens smoking tobacco than ever before. that's absolutely true. but there's a burgeoning number using. hillaryusing e-cigarettes. lauren: should mint and menthol be considered flavors? the industry is giving pushback there. juul is saying fine, ban, the flavors, no problem, but what about mint and menthol.
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>> that's very controversial. i think part of the issue is that -- one study this year found that menthol causes people to smoke cigarettes more. menthol cigarettes. e thing that i'm a little bit concerned about is that a study did come out this year in the new england journal of medicine that shows that when a smoker is gave choice of any any e-cigarette product, they were more likely -- i as a physician have to have it available to me for a smoking cessation tool, for quitting sking. but e-cigarettes for teens, let's face it, the flavors are drawing them in. i think that includes menthol and mint, yes. lauren: as we look at the near 50500 cases of lung illnesses linked to vaping across the country, i have to ask you, is smoking safer than vaping at this point? >> first of all, no, smoking is not safer than vaping under any circumstances.
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we know what smoking does. it causes millions of cases of lung cancer a year and emphysema per year. we don't want anybody smoking and we don't want anybody watching this saying smoking is safer. i also want to point out when you're talking about illnesses, 450 illnesses across 33 states, we're probably not talking about the e-cigarettes that we already started with here. the flavored e-cigarettes that teens are using. we're probably talking about some additive to a cannabis oil, probably some bootleg situation, something in a cannabis shop. those are likely due to some additive that thickens the oil for vaping and is not the regular. e-cigarette product. i think they're using this story to try to get attention to tilee ills and the harms. lauren: dr. seagal, thanks for the time. cheryl: as unemployment in the
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country sits at historic lows, a new milestone has been hit for jobs in america. lauren: tracee carrasco with the details. tracee: for the first time, most new hires between ages 25 and 54, the prime working age, are people of color. according to an analysis done by the washington post, minorities make up the majority of new hires with women driving the trend. there are still concerns over a pay gap, also a typical life family has a net worth of $170,000 while african american or latino families have a net worth of under $21,000. grow upon reportedly -- group gn looking for acquisitions. according to the wall street journal, they could be targeting the online review company, yelp it could create synergies, saving around $200 million and create a company with earnings of $900 million to $1 billion, that's according to sources.
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some job offers you will not be able to refuse. the moles region in italy on the southern coast is offering $27,000 to live there for three years in one of its villages in thvillages initalian countrysid. you have to pick a village with less than 2 you thousand 2,000 . second, you have to start a business to revitalize the local economy. if that's not your cup of tea, how about cups of joe? business.org is offering $1,000 for you to drink coffee from your local shops instead of heading to a national chain. you would have to document the experience, visiting at least eight locally owned shops in a month. you can check out the offer at business.org. and what about president bush and pickle -- peanut butter and pickle sandwich flavored twink twinkies. there's a quote, only the real
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ones know about these. people reacted online, mostly negative, of course. hostess pushed for more comments, hinting this could be an actual product. finally the snack giant came out and said not happening. cheryl: i knew it. tracee: that's a company that often features fu fun products n the internet but that's not happening. lauren: you could market that to a pregnant lady. you might have a buyer. cheryl: the dow is up 56, the sips&p is up 4 and a quarter. s.-china trade war thawing a bit, comments from the chinese folks overnight pushing futures higher globally as well we should say with the markets. also, millions of flier fliers e left stranded if they don't make a change. how to keep yourself from being grounded. robots are taking on more and
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more jobs from walmart to amazon. is this little guy going to take your job next? lauren: i think he's coming to the studio, cheryl. ♪ this is the family who wanted to connect... and find inspiration in new places. leading them to discover: we're woven together by the moments we share. everything you need, all in one place.
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cheryl: time is running out for americans to update their driver's licenses if they want to get through airport security. millions of travelers have 13 months left to comply with new requirements, it's called real id. passengers without the new license may not be allowed to board a plane. the new license has a star in the upper right-hand corner. it threatens to create chaos at airports and travel disruption. lauren: breaking news to get to. france wants no part of libra,
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facebook's cryptocurrency project. the foreign minister says it poses potential for market abuse. shares of facebook honestly, they're up 41-cents, a quarter of 1% in the premarket, $188.90 a share. cheryl: we have more news to get to now. the european central bank is set to announce new stimulus measures to boost the eurozone economy. we'll get that news in the next couple hours. let's bring in janes foley. let's start with this, what are you expecting from the ecb. >> almost everybody is expecting there will be a rate cut. that discount rate is already negative, so another 10 basis points today, maybe some quantitative easing stepping into that and perhaps forward guidance to suggest that that interest rate can go even further into negative territory over the next six months or so. cheryl: it could have a positive effect on market trading, more afte of a risk tre
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could start. we're getting headlines that boris johnson, issuing a statement, saying he's denying accusations against him that he lied to queen elizabeth when he went to her to ask her to suspend parliament. he says none of this is true. what is that news doing to markets there? >> well, it's very confusing, so perhaps not an awful lot. yesterday it was scottish court that said he misled the queen. last week, an english court said something different. next week the supreme court in the u.k. will take the decisions of scotland, northern ireland and the u.k. and come to a universal decision. everyone is waiting to see what happens with respect to that outcome. cheryl: i've got to ask you about this report that came out of the u.k. government, this worst case scenario, it's a pretty scary report to be honest with you talking about food shortages, fuel shortages,
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medicines not getting to brits if there's a no deal brexit on october 31st. how real do you think the threat is to the economy there? >> we don't know. the fact there are talks of these shortages, water shortages to thousands of people and talks of riots and counter-riots, so the government has said this is a worse case scenario to help with planning but it's really quite frightening if this is the potential outcome we could have. cheryl: they were forced to release the report as well, jane. they didn't want to it seems. thank you for joining us on breaking news this morning. >> thank you. lauren: artificial intelligence could be coming to a drive-through near you. mcdonald's is buying a company that specializes in voice based systems, the idea is to integrate ai into the drive-through, making it faster, easier, more accurate in the end. it's the latest sign of robots taking over jobs. maria: bill de blasio proposed a robot tax that would help spur
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human hiring. would this be bad for business? how big of a threat is ai to our jobs across the country. let's bring in brett larson. is it a threat? a lot of folks are nervous. >> we should be a little bit nervous. i think mayor de blasio has an interesting concept, he wants to tax companies they're sort of incentiveized to bring in heavy equipment to replace people. i don't think that's the only solution. i think where we're going to see a lot of artificial intelligence and robotics i robotics are in l work, for example, mcdonald's. some people may hear that and think well, i'm fine with that -- lauren: the human doesn't understand me anyway. >> maybe now they'll get my order correct. a lot of us are familiar with using artificial intelligence. we are using siri, alex alexa, e
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home, to do some sort of random stuff where you canay tell me what the weather's going to be at 2:00 this afternoon. cheryl: what do you make of bill de blasio's stance? he's trying to fight back against this. humans vote, not robots. this could be a political issue. >> we'll be hearing a lot about this in the 2020 presidential cycle. andrew yang said we need universal basic income to protect us from robots taking over. we've seen the terminator, we know what happens when robots take over, as soon as they become self aware, it's over. but in a lot of ways -- when you look at the fast food environment, when you look at the quick service environment, if there's a cost savings to be had that's passed along to the consumer, most consumers are going to be okay with that. lauren: not if de blasio is saying pay five years of corporate taxes upfront for each employee you eliminate. that's not a cost savings. >> that's not a cost savings for the company, it's a job protection. we're seeing a lot of robotics, seeing a lot of automation so
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many areas. in a lot of areas, we're not aware it's happening. i don't think you can put the genie back in the bottle. although that little guy -- cheryl: he's small but if he can operate a drive-through. thank you, brett. lauren: you can catch brett larson on fox news headlines, 24/7, sirius xm channel 115. cheryl: taking a trip down memory lane, hillary clinton embracing her e-mail ca scandal. she read 60,000 pages of e-mails once stored on her private server. she sat behind a prop table. the exhibit is still open. although hillary isn't still there, the artist says anybody can still read the e-mails. she didn't read 60,000 full pages. lauren: that's a lot of e-mails. that's a lot of time. we may not agree on much these days, but half of americans can
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♪ ♪ cheryl: talking fancy, forget that service, americans revealing why they skip out on dinner reservations, get this, they don't know what to wear, clothes influence where they choose to dine, four skipped going out to meal because they couldn't find, yeah, that right outfit. a new poll shows woman and baby boomers. it's stressful, i agree. >> nothing says i love you like urban spices, kentucky fried. the photo booth, music, no
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alcohol included. the idea of kfc idea is a good one, you may want to sit out the booze anyway. you do need to write a 200 word essay. cheryl: nothing says wedding with beer and chicken. maria: thanks for joining us, i'm maria bartiromo, thursday september 12th, top stories before 6:00 a.m. on the east coast, u.s.-china tensions easing, donald trump delaying next tariff increase from goods from china, the president said this is a move of good will, what this can move from face fao face talks in washington in early october. central banks this morning in focus, rate decision is coming out in next hour m are expecting a cut, other stimulus measures as well coming out from ecb, will it move markets, plus what
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it means for federal reserve's meeting which happens next week september 18 in washington. s&p futures up 5 and nasdaq 26, dow and s&p less than 1% away from all-time highs. the white house is targeting vaping, the trump administration looks to ban flavored e-cigarettes concerns about health risks and use by minor grows, mornings with maria begins right now. ♪ ♪ maria: big shohi
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