Skip to main content

tv   FBN AM  FOX Business  October 4, 2019 5:00am-6:00am EDT

5:00 am
that happened. a few weeks ago they wouldn't talk about it. lou: well they are talking now. we thank you for being with us. we'll see you tomorrow. thanks for being with us tonight. good night from newewewewew lauren: it is 5:00 a.m. here are your top stories at this hour. what a wild week for markets. the roller coaster may continue with two main events today, the september jobs report due out in three and-a-half hours, it's expected to show the u.s. economy is still strong and adding workers. and the federal reserve chair will speak, but what kind of clues will he give investors hoping for rate cuts. cheryl: we are following breaking news out of hong kong. carrie lamb is announcing that hong kong will ban face masks and protests continue to paralyze the city. she said breaking the new law will result in a fine and jail time. lauren: joe biden running low on steam on monday.
5:01 am
the campaign just released the fund raising numbers and it's not looking good. we break it down as president trump calls on china to investigate the bidens. cheryl: the highly anticipated and controversial movie joker will hit the big screen today. it's no laughing matter. theaters you across the country are on high alert. is it worth all the hype? well, it is friday, it's octobe. "fbn: a.m." starts right now. ♪ since he found out. ♪ since he found out. ♪ anything could happen. ♪ anything could happen. ♪ anything could happen. ♪ anything could happen. cheryl: and we are happening here, it's friday, welcome to "fbn: a.m.." good morning, everybody. i'm cheryl casone. lauren: we certainly are. i'm lauren simonetti.
5:02 am
happy friday. cheryl: let's take a look at how your money is moving this morning after yesterday's triple digit swing for the markets. we do have red arrows this morning. the dow down 59, s&p down 7 and three quarters, nasdaq down 16 and-a-half. the september jobs report could change everything before the market opens today. lauren: let's take a look at stocks in asia. the news out of hong kong, their leader invoking emergency powers to try to quell the uprising. tomorrow protesters will b bannd from wearing face masks. cheryl: the asian markets, as you can see, the japanese market showing a gain, the shanghai market is closed. europe, stocks there getting a little bit of a boost as you can see. the ftse and cac if in the green. there's a lot of talk about a fed rate cut in this country overseas this morning. lauren: president trump publicly calling on beijing to launch an investigation into the biden family. >> what happened in china is
5:03 am
just about as bad as what happened with ukraine. cheryl: we've got blake berman at at the white house with the latest details. good morning. >> reporter: president trump now calling for not one but two investigations into joe and hunter biden. upon leaving the white house thursday morning, the president said that ukraine and china should investigate the bidens. the president was asked if he's discussed this at all with xi-jinping. >> i haven't. but certainly something we can start thinking about because i'm sure that president xi does not like being under that kind of scrutiny where billions of dollars is taken out of his country by a guy that just got kicked out of the navy. he got kicked out of the navy, all of a sudden he's getting billions of dollars. you know what they call that? they call that a payoff. >> reporter: the president takes issue with hunter biden's travel with joe biden to china
5:04 am
in 2013. days later an equity fund hunter biden received money from china. the washington post disputed the figure. in a statement the biden campaign a says the president continues to engage in a, quote, abuse of power, adding as well, quote, what donald trump said on the whit south lawn of the white house is equivalent to the are you listening moment from 2016, lies over truth and self over the country. the president signed an executive order involving medicare in florida. it had a dual role, allowing him to go to the swing state of florida and attack medicare for all as socialism. but at one point as well, the president suggested that big pharma could be in favor of impeachment efforts saying he, quote, wouldn't be surprised if it was from some of these industries like pharmaceuticals that we take on. back to you in new york.
5:05 am
cheryl: obviously we'll have a lot more on the impeachment in just a few minutes. griff jenkins about to join us live. the markets, really lauren paying attention to not just the impeachment inquiry, but the manufacturing data, so many things that have been coming for the markets, we're seeing that action this morning as we get ready for the jobs report. so we really want to focus now, if we k on what's happening in washington. it does affect your money. president trump is calling the democrats out on impeachment. the white house will be sending a letter saying he won't cooperate with the inquiry until nancy pelosi holds the vote. lauren: he wants dems on the record. we have details. what do you know? >> reporter: today's an interesting day. it's a deadline the three house committees gave secretary pompeo to turn over documents related to the impeachment inquiry or face consequences for
5:06 am
obstructing congress. the white house is expected to send the letter to speaker pelosi saying they will not comply until she takes the formal he vote on it. pelosi said there's no constitutional requirement or precedent for such a vote. this comes after former ukrainian special envoy kurt volcker testified behind closed doors. adam schiff wasn't talking after that marathon session. >> what did you learn today? >> we won't have any comments about the interview until it's concluded. >> reporter: this revelation, in a series of text message as, we are learning senior diplomats discussed the administration's suspension of military aid to ukraine. this is bill taylor, ambassador to ukraine, who is texting gordon sunland the u.s. am a bass door to the eu. this is what they said. i think it's crazy to help with
5:07 am
the political campaign, sunland, saying i think you're incorrect about president trump's intentions, the president has been he very clear, no idea he o quo of any time. i suggest we stop the back and forth texts. here's the real point. it's unclear whether either ambassador will be called to testify in light of the texts. the hearings will continue today. ithe inspector is back on the hill, testifying behind closed doors. we may get developments perhaps he later today or over the weekend. cheryl: we'll follow all of it. griff, thank you. lauren: let's go overseas. hong kong's government is taking a harder line against pro democracy protesters there. carrie lamb says face masks at public demonstrations will be banned starting tomorrow. the protesters have been using
5:08 am
the masks to hide their faces from the police. this emergency order comes four months after the demonstrations began, all started over a extradition bill that has now been drawn. violators face a fine of up to $3,000, up to one year in jail as well. more protesters took to the streets today ahead of carrie lamb's news conference. was demonstrator was shot and wounded by a police officer earlier this week, it happened as china was marking 70 years of communist rule. cheryl: the trump administration will hit china with some huge tariffs for flooding the u.s. market with low price wooden cabinets. the come r percent department is -- commerce department is considering tariffs of up to 262%, after finding china has been dumping the cabinets. the latest shot at the united states, this china trade war coming as trade talks between the two countries is going to resume next week, october 10th
5:09 am
in washington. lauren: round 13. okay. looks like another a battle could be brewing between the trump administration and facebook. bill barr wants facebook to he create a back door so governments can read encrypted messages. barr wrote a letter to mark snrergmarkzuckerberg claiming as needed. facebook shares are down half of 1% right. cheryl: mark zuckerberg by the way responding to senator bernie sanders' comments on billionaires. the democratic presidental candidate said that billionaires should not exist. well, during a q and a session with employees yesterday, zuckerberg said, quote, this, i don't know if i have an exact threshold on what amount of money somebody should have. at some level, no one he deservs to have that much money.
5:10 am
zuckerberg pointed to his philanthropic investment arm. he's the fifth richest person in the world. worth about $69 billion. lauren: a north korean delegation arriving in sweden for denuclearization talks with the u.s. cheryl: tracee carrasco has details on that. tracee: good morning. a north korean delegation arriving in sweden for denuclearization talks with the u.s. the two countries are holding preliminary discussions today ahead of a formal meeting tomorrow. this marks the first time working level talks have resumed since president trump and north he korea's kim jong un met at the dmz in june. the meeting comes days after north korea test fired a ballistic missile. two years after the mass shooting a a a country music festival in las vegas, mgm resorts reaches a financial settlement with the victims. the total settlement amount could go as high as
5:11 am
$800 million, the third largest victims compensation fund in history. 58 people were killed and many more wounded outside of mgm's resort, mandalay bay casino in what is the deadliest mass shooting in modern american history. hewlett-packard's incoming ceo is shrinking the company. they could eliminate 7,000 to 9,000 jobs over the next three years, representing 16% of the workforce. the company says the cuts will save about $1 billion. and uber is expanding its helicopter service in new york. all customers going to jfk airport now have the option to skip the traffic and hail a helicopter. up to now, the service was only available to top tier members in the rewards program. now, anyone with an iphone can take to the skies provided they can pay the $225 one way per person fare. and that's what's happening now. lauren: that's not so bad, 225.
5:12 am
tracee: not bad. lauren: no traffic. i'll take it. thank you. cheryl: let's take a look at futures. we've got red arrows on the screen to show you, dow down 60, nasdaq down 18 and three quarters. still ahead, a few hours away from the september jobs report. that could change fews churs. will it be good news new news fe trump economy? one burger has social media all fired up. why it has meat eaters and vegans alike dumb struck. here's a look at today's national average for a gallon of gas, $2.66 for regular. the contract rose overnight. keep it here on fox business, we are invested in you. ♪ i'm just saying it's fine by me. ♪ if you never leave. ♪ and we can live like this forever. ♪ it's fine by me. ♪ ♪ limu emu & doug
5:13 am
hour 36 in the stakeout. as soon as the homeowners arrive, we'll inform them that liberty mutual customizes home insurance, so they'll only pay for what they need. your turn to keep watch, limu. wake me up if you see anything. [ snoring ] [ loud squawking and siren blaring ] only pay for what you need. ♪ liberty. liberty. liberty. liberty. ♪ 2,000 fence posts. 900 acres.
5:14 am
48 bales. all before lunch, which we caught last saturday. we earn our scars. we wear our work ethic. we work until the work's done. and when it is, a few hours of shuteye to rest up for tomorrow, the day we'll finally get something done. ( ♪ ) this is the family who wanted to connect... the day we'll finally get something done. to go where they could explore and experience adventure in unexpected places... ♪ who were inspired by different cultures ♪ and found that the past can create new memories... leading them to discover: we're woven together by the moments we share. for everywhere you go, expedia has everything you need, all in one place.
5:15 am
there are things we would change about work. and there are things we wouldn't. ♪ ♪ when work is worth it. work is worth it. ♪ work can be closer to home... pay more... make us proud. careerbuilder. work can work. find your work at careerbuilder.com announcer: fidelity is redefining value with zero account fees for brokerage accounts.
5:16 am
and zero minimums to open an account. at fidelity those zeros really add up. ♪ maybe i'll win ♪ saved by zero lauren: making a pledge to american workers r and small business, ivanka trump joining google's ceo for a round table discussion in dallas, texas where google announced a $10 million initiative to support entrepreneurs. hillary vaughn has details. >> reporter: zoo gegoogle annoua major expansion of their successful it certificate program to over 100 community colleges around the country, p
5:17 am
opening up 250,000 new job opportunities. >> form partnerships and introduce programs to create economic opportunity for people in all 50 states, i'm proud to be here today to sign the pledge to america's workers to take this commitment even further. >> reporter: so far, 85,000 people have participated in the program and get access to google's job board featuring openings from major companies like ge, hulu and walmart who agreed to look at candidates who google's it professional certificate. ivanka trump met with students who participated in the program. >> i want the highlight three students that we met today. when google says they're committing today to signing our pledge to america's workers and creating 250,000 new training opportunities, we have three people who are direct beneficiaries of that. >> reporter: right now, there are over 200,000it positions
5:18 am
open around the country without enough people to fill them. google's program helps workers get qualified to apply without needing a college degree to do it. lauren and cheryl. lauren: hillary, thank you. make sure to catch ivanka trump on trish regan prime time tonight at 8:00. cheryl: investors are gearing up for the jobs report. the economy expected to add jobs but at a weaker than expected -- but a weaker than expected read wag be the latest in a string of disappointing economic reports this week. let's bring in gus gako, ceo of hudson valley investment advisors. we're expecting the estimate, 145,000 jobs, unemployment rates are supposed to stay at 3.7%. what are you expecting for the report this morning? >> it should be pretty close to those numbers. i think people got spooked by the lei earlier this week. if you look at those numbers, have you to look past them. things are still pretty strong. the housing market, you see an expansion in housing and jobs
5:19 am
are still pretty plentiful. if you have those two things going, there's no real reduction in terms of the economy. it's still we'll call it good, but a little slower than it was in terms of gdp growth. cheryl: you saw the manufacturing jobs and the adp report on wednesday, that was a positive sign, which goes against what we saw with the ism number which hurt the market. >> correct. if you look at the lei versus the pmi, there's a market pmi, it's 800 data points and it's telling you that there is continued growth. it actually hit a high. so if i'm looking at things like, say we ended up having 17,000 new vehicles that were sold, of that, 70% are pickup trucks and that's when the construction trade is doing well. cheryl: it's true. >> it's pointing to strength. it's just a little slower than it was. cheryl: we've seen growth in new home sales. part of that has been low interest rates, people are taking advantage of that for the 30 year loans. at the same time, we've got this big jump if the futures market yesterday for a rate cut for
5:20 am
october. we weren't even talking about a rate cut for october. now we're at 90% this morning. for a quarter point cut. do you expect that? >> i think you're going to end up having to see a cut. if not, the markets are going to discount that we'll see more slowing. right now, the economy is being held up by the consumer and the housing market. i mean, it's continuing to look positive. cheryl: we're going to hear from jay powell today. we'll he see if he gives us a line -- a little hint as to what's going on. real quick, elizabeth warren came out with a proposal on the campaign trail, she says the first day if she's elected she will sign an executive order, all federal contractors would have to pay $15 for a minimum wage, to right to work laws across the country, and would make it easier for folks to unionize. she is starting to show her hand again as being frankly anti-business. what do you make of those ideas. >> i think the two things you have to keep in mind, there's unintended consequences.
5:21 am
if you go into a mcdonald's you'll see the effect of a $15 an hour wage increase. you go in front of a screen as opposed to a young person that gets their first job. new york city is different than des moines, iowa. the differential in terms of what you're getting here versus there in terms of incomes really will put a dampening effect in terms of job t growth, especially for entry work. cheryl: that's a good point about the wages -- it's a state by state story, city by city story. gus, thank you very much. we're going to he see, folks, what happens this morning with that jobs report. complete coverage and an analysis of the september jobs report, "mornings with maria," that starts at 8:00 a.m. eastern time today. lauren: united airlines is looking for pilots, 10,000 of them to be exact. united is offering a number of perks to fill an anticipated gap over the next 10 years including help with training costs, coaching, and learning tools. student pilots can spend more than $100,000 in school costs and accumulate the minimum hours needed to work for a regional
5:22 am
carrier. coming up, as the democratic candidates lay out their plans to tax the rich, are they also targeting marriage? and one person taking to twitter to shame an entire neighborhood over trick or treating. you're not going to believe this story when we return on "fbn: a.m.." ♪ i want candy. ♪ i want candy. ♪ i want candy. ♪ but she wanted someone who loves cats. so, we got griswalda. dinner's almost ready. but one thing we could both agree on was getting geico to help with our renters insurance. yeah, switching and saving was really easy! drink it all up. good! could have used a little salt. visit geico.com and see how easy saving on renters insurance can be.
5:23 am
5:24 am
5:25 am
lauren: joe biden's campaign releasing its latest fund raising numbers and it's not looking good. biden raising $15.2 million in the last three months, that puts him behind bernie sanders and pete buttigieg and it's also a 30% drop from the prior quarter. is this another sign that the
5:26 am
frontrunner and former vp is running out of steam? let's take that question to washington examiner reporter emily larson. emily, is he running out of steam? i would think the ukraine situation would help him with his fund raising. >> i would say that the $15 million figure is certainly not good news for the biden campaign. elizabeth warren is going up in the polls and she's starting to catch him or even surpass him depending on the polls. that combined with seeming lack ofe enthusiasm from a large base of grass t root support with the fund raising figures is troubling going into the fall. the ukraine story, people i talked to are waiting to see how this play out for joe biden. on the one hand he looks like a sympathetic figure on these attacks from trump in one sense. on the other sense, it does highlight hunter biden was on the board of a ukrainian gas company. we don't have indication of an
5:27 am
illegal issue but it does look uncomfortable. lauren: this is one of the reasons that senator warren is rising in the polls. and it's also interesting, it's one of the reasons why trump and the r envelope c had that record -- rnc had that record haul o of $125 million. i want to talk about an issue near and dear to voters. healthcare. what do you expect biden to say about his healthcare plans. yesterday president trump signed an order to broaden a medicare private insurance option. he framed it as an attack against medicare for all. >> biden has been criticizing medicare for all on the campaign trail. he says he doesn't want to eliminate private insurance. some other candidates have poked holes in biden's healthcare plan, saying it would leave about 9 million people uninsured because it wouldn't virtually eliminate and replace all
5:28 am
private insurance with a government run system. but joe biden's response to trump would be, look, you wanted to eliminate obamacare. you wanted to get rid of these things that barack obama administration implemented and so i think that's going to be the challenge for the trump campaign going forward, as they try and give these little -- these proposals that expand some choice in access in government program but they have yet to have a full comprehensive healthcare response. lauren: finally here, the other topic that is being discussed from the dems is the idea of being a billionaire, that it's outright immoral according to some and they're going to pay for their socialist plans by taxing your money and a look at bernie sanders' wealth tax by harvard economist actually shows it's better to be married whereas elizabeth warren's wealth tax has a marriage pen l at. penalty. what do you make of all this? >> that's the problem with these
5:29 am
proposals that bernie sanders and elizabeth warren are proposing. a wealth taxis very outside of the norm of was we have as a tax structure right now and i think those proposed -- that article shows a little bit of the trouble with that and the challenges in implementing it. that won't only be the only challenge, figuring out the marriage thing, how will you value these millionaire and billionaire assets, how are you going to implement a valuation structure and will billionaires and millionaires still hide some of their assets in offshore accounts. lauren: capitalism or money is mobile and there's always a way around. emily, thanks for the time. have a good weekend. >> thank you so much. cheryl: let's take a look at how your money is doing this morning. it is jobs friday. so all of this could change. but right now the dow is lower by 63, s&p down by 8, nasdaq is down by 19 and a quarte 19 19 a. manufacturing takmanufacture dag
5:30 am
a slowdown. coming up, we take you live to a conference where they celebrate all things made in america. and could ditching facebook make you happier? how unfriending that app could actually be good for your wallet awell. you're watching "fbn: a.m." snotted he♪ hey, now, you're a . ♪ get the show on. ♪ ged paid. get paid. ♪ and all that glitters is gold. ♪ only shooting stars -- each day a little sweeter. adp simplifies hr, benefits, and payroll for magnolia bakery, so employees like sarah can achieve what they're working for.
5:31 am
5:32 am
5:33 am
we're changing what's possible every single day. and if you run a business, that means a lot. we create financing options for your customers. to help them get the things they love instantly. our data provides insights into what your shoppers have already bought. so you can offer them what they might consider buying next. our technology and financial solutions are changing what's possible in all sorts of ways. so, how can we change what's possible for you? cheryl: we are celebrating national manufacturing day today. the 2019 made in america conference and trade show kicked off this week. the event featuring experts from across the manufacturing field as well as showcasing products and machines all built in the good old us of a. lauren: carley shimkus is live at the indiana conference center with some special guests. carley, good morning.
5:34 am
>> reporter: good morning, lauren and cheryl. i'm at the first ever made in america conference where products from across the country are being featured right here in this conference space. this is rose tenant, the spokesperson for this event. this is such a cool concept and so patriotic. >> that's exactly how i feel. my heart swells when i walk through this hall. american made these quality and cost efficient products. we're getting more competitive as we start sourcing more materials and products right here in domestically in the u.s. and i am so happy for these manufacturers because they've been committed to only sourcing here in the u.s. and now they're benefiting from it and we're seeing new businesses pop up as a result and some of the businesses that were producing those materials are now doing even better. so quality and cost effective is what's so important. >> reporter: it's such a win-win. it's all about keeping the business here, keeping the money here. check out these hats, guys. american made is great again. right here we have some -- i'll
5:35 am
put that down right there. we have ledgers, some planners. i want to take you over to the man of the hour, this is don buckner. he came up with this entire idea seven months ago. he put this whole entire conference together. it's happening today. how are you feeling and congratulations? >> a sense of relief and excitement at the same time. it's incredible for these people to b be here. >> reporter: why did you want to feature products exclusively made in america? >> it's never been done before. it's been a 20 year vision to put this together. the trade show is the very beginning of this. this is a movement. there's a lot of passion attached to this, to convince consumers to spend american dollars on american products, that's the goal. if we can get american consumers to spend those dollars correctly and consider origin when they make that purchase, our economy will be significantly stronger. >> reporter: tell me about some of the manufacturers that are here today. >> well, there's some that you may recognize, there's wellborn
quote
5:36 am
cabinets, a company alabama, great company. they go from log to your kitchen. and we have channel log, a familiar name in the tool aisle. >> reporter: you said a lot of the businesses are small so they struggle to get here but they wanted to come because they wanted to do something patriotic. >> a significant number of them said i don't know how we're going to get there but we're going to get there. for many, this is their first show and manufacturers as a whole do a terrible job of marketing their product. they know how to build it but to sell it, distribute it, put it in the market, they don't do a very good job. >> reporter: this event starts with the pledge of allegiance, the nation alan them and a prayer -- national anthem and a prayer so it's a well rounded event taking place in downtown indianapolis. lauren: i'm going to take it from there. we're looking at a new survey, it shows that six in 10 american consumers would rather buy an american made product than an imported one.
5:37 am
many of them even willing to pay more for those goods. so we ask why aren't more companies making items right here in the good old usa. we have tony uphos the president of thomas which does supply chain management et cetera joining us now. why aren't more companies making things in the u.s.? >> here's what's happening. it's a slow but sure progression. we've seen p subpoena a stie -- we've seen a reshoring of u.s. manufacturing. this is not just done for altuistic reasons. it makes good economic sense. u.s. manufacturers have become competitive on the world stage today, a advanced robotics and automation. we created 284,000 jobs in u.s. manufacturing last year alone. some of the jobs created by the increased ry reshoring. lauren: do you think the trade war with china --we have new
5:38 am
rounds of negotiations, how is that bringing jobs back to the united states and how is that dampeninening the economy where there might not be a demand to buy those manufactured goods. >> i don't think we know yet. what we're feeling in the market is a bit of a pause, not a decline, based on uncertainty. it affects mostly tier 2 or tier 3 suppliers the most because they're having to reassemble their supply chains. if you're a large player, you have set supply chains that can likely absorb some price volatility. you're a second tier or third tier supplier, meaning you're smaller, you can't pass the cost on. lauren: is the consumer willing to pay the added cost? >> that's the question. i think so far, the answer to that is yes. i think over time that uncertainty will dampen markets. lauren: where are we -- if you look at at the health of the manufacturing sector. we got the dismal read earlier in the week, which triggered a
5:39 am
selloff. in the jobs report today we're expecting to see 4,000 manufacturing jobs added. >> he three quick points. that survey is done by a trade association called ism. they sample 300 people and you attempt to lift that to a $2.3 trillion market which is what u.s. manufacturing was in 2018. it doesn't make any sense. the same day that report was released, ihs, a professional research company with a broader and deeper sample size, came to the b conclusion that in september u.s. manufacturing actually expanded to its highest point in the last five months. so i think there's some counter-balancing data. tommassnet.com, we track all of the buying. we can see expansion in demand in the month of september. so i think there's counter-balancing on this and we need to b realistic. lauren: it' wobble. i'll call it wollly. cheryl: looking to save money and be happier. the key might be quitting
5:40 am
facebook. researchers studied more than 1700 students at texas a & m university and found those that didn't use the site for a week were less depressed. they also made fewer impulse buys online. researchers say the results show how add dick testify facebook can be -- addictive can be. we're seeing an escalation in selling this morning. we were down more than 300 points yesterday. then the session actually closed up higher. now we're in the red again. we'll see what that jobs report gives us. that's going to be this morning, 8:00 a.m. eastern time. also coming up, batman's biggest bad guy is coming to theaters today. >> one small thing. >> yeah. >> will you bring me about, can you introduce me as joker. cheryl: the movie's got theaters on high alert. is fear going to keep audiences away? a lot of controversy about this one. and a new deal has got big bird and his friends on the move. we're going to tell you how you can get to sesame street.
5:41 am
you're watching "fbn: a.m." ♪ announcer: fidelity is redefining value with zero account fees for brokerage accounts. and zero minimums to open an account. at fidelity those zeros really add up. ♪ maybe i'll win ♪ saved by zero as a principal i can tell you this. when one student gets left behind, we all get left behind. this is a problem that affects each and every one of us. together with ibm, we created a whole new kind of school called p-tech. within six years, students can graduate with a high school diploma, a college degree, and a pathway to a competitive job. you know what's going up today? my poster. today, there are more than a hundred thousand p-tech students around the world. it's a game changer.
5:42 am
5:43 am
my whole life, i didn't know if i even really existed. but i do.
5:44 am
people are starting to notice. cheryl: well, joker is opening in theaters today. the movie is about the early life of the batman villain, putting some theaters on high alert. some folks are concerned that the film glorifies violence and may inspire a copy cat of the 2012 colorado theater shooting at a screening of the dark knight rises. should movie goers be worried and should we see it. there's a lot of controversy about the movie. it depicts violence, mass shooting, he he's got mental issues. some of the families of the aurora victims, two of those were children, we should say, say they don't think hollywood is making the right decision by releasing the film. >> it's a difficult and complicated situation. i think on the one hand, unfortunately people are easily influenced especially young people, especially people who are on the edge. and what this film does do is
5:45 am
make you similar pathetic to -- sympathetic to someone who is sociopathic. that's a danger but at the same time it's not the first film -- i don't know if this necessarily glorifies violence. cheryl: their point was they make him look sympathetic. he is a murderer, he goes out and starts shooting people. >> i'll use a reference. the movie monster, she was a prostitute and serial killer. you didn't necessarily think she should be killing but you understood why she was. cheryl: okay. that's true. >> and in this movie, it's a similar situation. you understand what drove him over the edge. the danger is -- who do you blame? do yodo you blame society? do you blame his upbringing. he basically went off his meds because the government cut funding, so -- cheryl: political side note too. >> there's that.
5:46 am
cheryl: that's interesting. >> it only touches upon that. cheryl: we should talk about the money real quick, 80 to $100 million is the projection for opening weekend. warner brothers has really tamped down marketing and promotion. they didn't let print reporters on the red ca carpet for this thing. will that hurt the box office? >> absolutely not. i think it makes it more interesting. people are interested, what is this movie, how did the joker become the joker, and that's kind of where this movie -- the joker never had a great origin story and this is it. if this becomes part of the new dc universe, it could work. but you kind of wait for joker to become the genius that he is. he's crazy, but he's genius. he'.cheryl: the buzz about joan phoenix's performance -- this is oscar season -- >> his performance makes the film. cheryl: mike sergeant thank you
5:47 am
for coming in. lauren: to another show now, there's a new answer for how to get to "sesam sesame street. it will head to hbo max next sprinspring.they will offer shoe past 50 seasons and content from several spinoffs of the show. the new shows will eventually air on pbs. now you know. let's take a look at the market this morning. futures are down 84 points, looking at the dow. 9 and three quarters. looking at the s&p 500. but it's been a week of big swings as we saw yesterday and two major events t today could cause that once again. jobs and jay powell. still ahead, a new report says you're paying more for your cable than you know. and mcdonald's fans get ready as a classic fan favorite makes its triumphant return. keep it here on fox business, we're invested in you.
5:48 am
♪ sometimes your small screen is your big screen.
5:49 am
and with the xfinity stream app, which is free with your service, you can take a spin through on demand shows, or stream live tv. download your dvr'd shows and movies on the fly. even record from right where you are. keep what you watch with you. download the xfinity stream app today and get ready for xfinity stream tv week. watch shows like south park and the walking dead october 7th through 13th.
5:50 am
5:51 am
cheryl: as if your cable bill didn't cost enough, do you know how much you're paying in hidden fees. $450 a year it turns out. that adds up to $28 billion that gets paid to cable companies according to consumer reports. 85% of americans say they have encountered an unexpected or hidden fee for a service that they used in the past two years. the national average monthly cable bill last year just over $156. but with fees, that total jumped to an average of $217. go to foxbusiness.com for more on this story. lauren: my blood is boiling, cheryl. after getting through tragedy as well as controversy, the oil giant bp is getting a new ceo.
5:52 am
cheryl: big shift for this company. tracee carrasco's got that story. tracee: bp announcing today that the company executive bernard loonie is taking over the top spot. he replaces bob dudley who is stepping down next year. he became the ceo shortly after the deep water drilling accident nine years ago. the number of illnesses linked to vaping keeps growing. more than 1,000 people have fallen ill with a mysterious lung disease linked to e-cigarette use. the cdc hasn't been able to pinpoint a root of this. the agency report the number of vaping related deaths in the u.s. has climbed to 18. a high powered new york lawyer is going to prison for his role in the college admissions scandal. gordon kaplan receiving a one month sentence for paying $75,000 for a test proctor to fix his daughter's act score. he is the fourth parent in the scandal to be sentenced.
5:53 am
clothing retailer barny's may have found a lifeline. the wall street journal reports a group of fashion executives is preparing a $220 million bid to take control of the bankrupt company. barney's filed for bankruptcy protection in august after the landlord of its madison avenue store nearly doubled the rent to $28 million. and mark your calendars, starting monday mcdonald's' popular mcrib sandwich make its highly anticipated return but if history is any indication, mcrib fans will only have about a month to enjoy it. cheryl: i hate that they do that. they tease us with something really good and they take it away. lauren: are you mcrib fans? tracee: i'm not. i'm going to pass on this one. lauren: i actually like it. coming up, how does one burger offend so many. why this ham bu hamburger has mt lovers and vegetarians fuming. and how one twitter user chose to shame an entire neighborhood
5:54 am
over trick or treating. we'll be right back. ♪ give me, give me, give me the honhonkytonk --
5:55 am
5:56 am
5:57 am
♪ ♪ cheryl: are you hungry for a burger? causing chaos over hybrid burger. >> so you guys have been talking beyond meat for a while now, it is crushing, the plant-based food industry grew 11%. burger king has their whopper, united kingdom restaurant out there it's called hybrid burger, 50% beyond meat and 50% actual beef patty. cheryl: i think that's a great idea. >> you like the idea? cheryl: yeah, if you are not a vegan and want to eat healthy. >> give me all of it. i'm not really into the whole
5:58 am
plant-based food. cheryl: beyond burger is good. lauren: bigger is apparently better, do we have to hand out large candy. >> listen, we live in this time, affluent neighborhood and candy-shaming neighborhood rather than give small ones, a lot of people talking about this, it could be a teenager trolling people to get the full-size candy bar, but it is true, right. lauren: what if they give electric toothbrushes, money. >> if somebody is giving me toothbrush, i put toilet paper
5:59 am
in their house. cheryl: basically saying, hey, neighbors, you're all cheap. >> now i have to go and spend money on big-size candy bars. cheryl: yeah. lauren: we found a neighborhood to trick or treat last year, they gave full size caramel apples, each house tries to outdo themselves. fun, thank you. cheryl: it is job's friday as we send it over to maria bartiromo. maria: yeah, it is job's friday, ladies, good morning to you, happy friday, everybody, thanks for joining us, i'm maria bartiromo, friday october 4th, your top stories before 6:00 a.m. on the east coast, jobs in america, all eyes on september job's report out this morning at 8:30 a.m. eastern, economists are expecting 145,000 jobs to be added with
6:00 am
unemployment rate holding steady. what you need to know coming up, ahead of the numbers, numbers look like this, dow industrials down 97, s&p down 11 and nasdaq lower by 31, the whistleblower controversy grows, president trump will send letter to house speaker nancy pelosi daring her to hold impeachment vote this as president calls on china to investigate former vice president joe biden. turmoil in hong kong continues, leader karry lam banning masks, sparking fresh demonstrations, mornings with maria begins right now. ♪

161 Views

info Stream Only

Uploaded by TV Archive on