tv FBN AM FOX Business October 11, 2019 5:00am-6:00am EDT
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multi-national establishments and declare that the u.s. will no longer be pillaged and plundered. thankfully we have a president with certain alee jerns to this cheryl: it is 5:00 a.m. here are your top stories at this hour. is there an a eastbound i end i? the president's been optimistic so far. will the countries agree to a deal? cheryl: the nba's trip the to china getting more controversial. why basketball is looking to shut out the media. cheryl: president trump taking the stage in medicine sew the take and pulling no -- minnesota and pulling no punches. lauren: we're taking a look at some of the biggest myths people still believe are needed to get a good night sleep. it is friday, october 11th. "fbn: a.m." starts right now.
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♪ ♪ i don't care if monday's blue. ♪ tuesday's gray and wednesday too. ♪ thursday i don't care about you. ♪ it's friday, i'm in love. ♪ monday you can fall apart. ♪ tuesday, wednesday -- lauren: welcome to "fbn: a.m.." i'm lauren simonetti. cheryl: good morning, i'm cheryl casone. lauren: let's take a look at how your money is moving this friday. dow futures gaining 223 points, could swing into positive territory on the week with just a 77 point gain today. china is removing some foreign ownership limits to its companies and that is seen as a positive. cheryl: let's take a look at the price of oil, shooting up overnight, a possible terrorist attack on an iranian oil tanker, that tanker was 60 miles off the
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coast of saudi arabia, was most likely hit by missiles, according to the news agency which also reporhe you crew was unharmed. lauren: we're seeing a strong promising trade negotiation that's are happening here again today. the shanghai composite gaining 1%. cheryl: we may get a brexit deal. hope springs eternal that there could be an agreement. lauren: we have a sea of green today on optimism of the deals. let's talk about the china deal potentially. president trump is set to meet with liu he at the white house today. the be president tweeted big day of negotiating with china. they want to make a deal, but do i? i meet with the vice premier tomorrow, which is today, at the white house. cheryl: edward lawrence has more from washington for us. edward, good morning. >> reporter: good morning. the 13th round of face-to-face talks between the u.s. and chinese trade teams, a marathon
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session. the chinese trade delegation inside the u.s. trade representative's office for some eight hours. a trade sources say they came here hoping to suspend or roll back tariffs on chinese imports. our trade sources say they prepared to do a deal on parts of the agreement that both sides agree upon and work out the rest later. chinese trade experts say the past offered the chinese hope on that front. >> he was willing to postpone in that case for three months, he's shown that postponing the tariffs going into effect is a gesture he's willing to make. so that would be a positive outcome tomorrow. certainly the chinese feel the pain of the tariffs. they've made no secret about that. so they're in some sense hoping that he will lift the tariffs today, even all of them. i don't think that's very likely at all. >> reporter: the president himself saying that the talks went well today. he says that the tariffs are bringing the chinese to the table here. he says that we have come this
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far and he would prefer to see a full deal. we are looking for an indication of how things went as they walked out. there seemed to be a smile on the vice premier's face. we can tell you the chinese this week bought $134 million worth of soybeans, also made a large pork purchase. something that farmers have been looking for for a long time. later on today, the president saying that he will meet the head of the chinese team, vice premier liu he at the white house. look forward to that. back to you. cheryl: markets moving on positive news there. president trump held a big pretty eventful rally in minneapolis last night. this is his first rally since democrats began the impeachment proceedings against him. he wasted no time and took a swipe at squad member ilhan omar, right in her own town. >> congress woman omar is an america-hating socialist. she minimized the september 11th attack on our
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homeland. she pleaded for compassion for isis recruits right here in medicine sew the take. omar laughed that american speak of al-qaida. cheryl: congresswoman omar tweeted in part she scolded my district. lauren: as the president rallied her supporters inside that arena, chaos unfolded outside, with maga hats set on fire by protesters. >> abolish i.c.e., abolish i.c.e., abolish i.c.e., abolish i.c.e. lauren: the chaotic scene, minnesota is a key stay. the president lost medicin minnn 2016 to hillary clinton by just $45,000. cheryl: americans are going to see a little more green next year, social security benefit checks will increase by $24 a most on average. that is down by this year's 3%
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hike. the cost of living increases are based on a measure of inflation which is unchanged compared to last year. lauren: we have good news if you're flying delta, maybe simplifying its air fare. the company's president told analysts on yesterday's earnings call that it may bring bac simpe fares program. it was launched in 200 2005. it slashed walk-up fares in half. the program gradually dismantled after delta filed for bankruptcy later that year. cheryl: the vaping crisis continues to spread. the centers for disease control and prevention say the outbreak of lung illnesses linked to vaping jumped by more than 200 in a week and this totals nearly 1300. so far, 26 people have died from viping relatednesses. health officials are looking to
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release new guidance for doctors. the doctors will ask anybody with a res ar respiratory infecn about their vaping history. cherylvaping his.lauren: presis unleashing attacks on goa. cheryl: we are who whistleblower may have worked for. >> reporter: good morning. according to the washington examiner, the whistleblower who kicked this entire impeachment inquirely off may have worked for former vice president biden. they claim, quote, he's a career cia analyst who is detailed on the national security council at the while white house and has left. the source said he would have come in contact with then vice president biden. lawyers for the whistleblower having knowledge their client has, quote, come into contact with presidential candidates from both parties in their role as elected officials, not as candidates. meanwhile, last night in minneapolis the president railed against the impeachment push.
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>> it's so terrible. democrats are on a crusade to destroy our democracy. that's what's happening. >> reporter: and he had choice words for the bidens. >> hunter, you're a loser. and your father was never considered smart. he was never considered a good senator. he was only a good vice president because he understood how to kiss barack obama's [bleep] >> reporter: now it's all eyes on the schedule's closed door appearance, former ambassador to ukraine, marie yovanovitch in what has been described as a transcribed interview, not a traditional hearing or deposition which is governed by separate rules. >>rules.we expect her to slow ue won't know until the last minute. sunland we learned will appear for a transcribed interview as
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well next week. so it appears the administration is cracking the door open to cooperating with the inquiry. the scope of the inquiry is widening. rick perry has been issued a subpoena, after reports he urged the president to make a call to ukraine's president. lauren: so much going on. also this, two men linked to the ukraine investigation have been charged with federal campaign finance violations they're associates of rudy guliani and thethey were arrested trying to board an international flight with one-way tickets. cheryl: a government watcher has been arrested for stealing taxpayers' identities. tracee carrasco has the details. tracee: an irs agent is accused of stealing multiple people's identities and racking up nearly $70,000 worth of charges in their names. he allegedly used the names,
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addresses, dates of birth, social security to open credit cards and go on vacations and shopping sprees over two years many it is unclea unhow the empe got the personal information. dyson is shutting down plans to make an electric car. they've been working on plans for the last four years and claims to have developed a fantastic car but couldn't find a way to make the vehicle commercially viable. most of the employees working on the project are expected to be absorbed into dyson's home division. boeing and porsche are partnering up to make an electric flying vehicle. earlier this year boeing tested an aerial car that could fit four people and fly up to 50 miles. porsche saying it wants to become a leading brand for premium mobility which could move into the third dimension of travel. and nestl nestle is unveiling vn
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cheese as well as vegan bacon, this after they rolled out their own plant-based burger patties doned thdone -- dubbed the awese burger. these items will be available to food vendors in the next few weeks. cheryl: can we buy them or no? tracee: i think you will be able to in the next two weeks, be able to buy that vegan bacon. lauren: i think it's a good idea. take a look at futures this morning. we've got a global rally on our hands, optimism for trade deals with china and maybe a brexit deal in europe. dow gaining almost 1% this morning, up 233 points. nasdaq up 1.1%. well, coming up, swearing off, president trump is sitting down with china's vice pray mere bri, they're talking -- premier. they're talking trade.
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and drew barrymoore has a new deal that will get her back on tv. we'll have details in just a bit. today's national average for a gallon of gasoline, $2.64, the price is down eight days in a row. keep it here on fox business. we're invested in you. ♪ a female version of the host hustler. ♪ of a hustler. ♪ of a hustler. 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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and through retirement. lauren: president trump is planning to meet with chinese vice premier liu he today and sounding optimistic on trade talks so far. >> we just completed a negotiation with. china. we're doing very well. we're having another one tomorrow. i'm meeting with the vice premier over at the white house and i think it's going really well. i will say, i think it's going really well. lauren: john tammy is the director of the senator for economic freedom at freedom works. he joins us now. john, you heard the president. we heard several times yesterday, talks are going reelly well. what is the best realistic outcome that we can get today? >> my sense is that we're going to get an outcome that the talks are going to continue. in my perfect world, presidents would have nothing to do with the personal act of trade. i think people should be free to trade with whomever they want. my sense is trump views this as
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a good thing to be able to tell his base he's getting tough on the chinese and he would like to delay a deal until the election year to maximize the stock market and voter impact. lauren:s that's interesting, because he also tweeted last night they, as in china, want to make a deal, but do i? and a lot of people including us herhere and our staff we were saying well, why wouldn't he want to make a deal. >> again, i think he likes the idea to say that i am the one looking out for you, i'm getting tough on china and i'm going to continue the talks until the deal is correct for all of you and for the american people. lauren: is it possible and realistic that china at some point under so much pressure economically and even politically as we see with hong kong and the protests with the nba, et cetera, that they'll cave on some of these big issues like the theft of intellectual property and the like? >> my sense is no, for one, because what could they say about the stol stolen intellectl property. that is what everyone does.
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if we're going to go down this road, let's jail thomas edison, henry ford, steve jobs. my sense is the pressure is greater on the u.s. to come to some kind of a deal. an l election coming up. let's not forget, china is mcdonald's second largest market, nike's second largest market, gm sells more car in china than it does in north america. apple sells a b a fifth of its iphones there. this is a huge market for u.s. pes companies. the pressure is -- u.s. companies. the pressure is just as great if not greater here. lauren: i've heard it spoken of realistically that we don't get a deal and we operate as two separate economies and all of the companies you mentioned that do business in china start reshoring their operations and supply chains to the us and you have a decoupling of the two biggest nations in the world.
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>> very dangerous and unfortunate. it would be a sign of an a economic retreat for the u.s. if our goal economically is to bring back the jobs of the past, that is something that would spook investors far more than the brakesmanship already. u.s. is all about progress. if suddenly we're going to retreat and become a manufacturing economy that will not please investors and will not be good for the u.s. economy. the reason we're the greatest economy on earth is we leave that work to others. lauren: a lot of people would say the opposite. we could debate that another time. as a sign of good faith do you think the president goes ahead with the increase on tariffs in chinese items next week. >> no. lauren: he doesn't? >> i meant the reverse. i don't think he's going to -- lauren: so it will be a measure of good faith, he won't increase those tariffs. thank you so much for coming on. >> thanks for having me. cheryl: the nba decidings
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overnight to -- deciding overnight to no longer hold team media sessions during their trip to china. this comes after a tense exchange which involved cnn and thcnn andthe houston rockets. >> reporter: another day, more twists in the nba, china saga including this exchange between a cnn reporter and a houston rockets representative after she tried to question two of the team's stars about the hong kong protest. take a listen. >> i wonder after the events of this week and the fallout we've seen, whether you would both feel differently about speaking out in that way in the future. >> excuse me. we're taking basketball questions only. >> this is a legitimate question. this is an event that happened this week. this particular question has not been answered. >> any other questions?
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>> reporter: the nba later issuing this, quote, during today's houston rockets media availability, a team representative inappropriately interjected to prevent cnn's kristina mcfarland from receiving an answer to her question. we've apologized to ms. mcfarland as this was inconsistent with how nba conducts media events. you'll recall this started following this tweet from rockets' general manager daryl morey, supporting pro democracy protesters in hong kong, leading to merchandise being pulled from floors in major chinese cities. store managers saying they were told by upper management that all rockets merchandise had to be removed. while the exhibition game between the lakers and nets went on as scheduled, you're looking at highlights right there, it was not broadcast by chinese state tv. saturday's rematch, also not expected to be broadcast in china. lauren and cheryl, back to you. cheryl: it's a $4 billion market for the nba. that is china.
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so they're obviously showing their sensitivity to that, unfortunately. >> reporter: fascinating to watch that sensitivity to the all mighty dollar here. you saw it in the nfl, now the nba is experiencing it as well. cheryl: we'll have to see what they say when they finally come home. thanks for the live report. appreciate it. we've got a rally in the futures market on trade optimism and we're going to stay with china. we have word that china will get rid of limits for chinese securities and market funds. dow up 230, s&p up 26 and-a-half, nasdaq up 85 and-a-half. the markets rallied thursday on the possibility the u.s. could get a deal with china. is our financial security tied too tightly to the issue of china? we're going to look at that. a great deal for any seinfeld fan, how you can live like elaine from the tv classic and maybe you can dance like her too. keep it here on "fbn: a.m." ♪ i'm riding solo, i'm riding
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cheryl: markets rallied yesterday after president trump said he will hold talks with china's top trade official, that meeting today. here's what the president tweeted. big day of negotiations with china. they want to make a deal but do i? i meet with the vice premier at the white house. james rieu you sew i russo is hs kind of a two-fold tweet, we're going to meet but do i want to make a deal. how do investors respond to that kind of stuff? >> they really can't. the volatility is here to stay. it's certainly incredible. china i don't think wants to make a deal either. they're so long-term thinkerring
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thathinkingthat i don't see a de soon. cheryl: we've had several guests say they're waiting until the results of the 2020 election. are you in that camp as well? >> i am, clearly. that's what's going to happen. they're looking at it like they're not sure trump will be president. even looking out four years, these issues are issues for the chinese they want handled. cheryl: we got news they're going to stop limiting ownership of chinese mutual funds and securities. that seems like a step in the right direction. >> it certainly is. i think there will be continued green chutes we'll see here but they're limited. cheryl: all eyes are on the fed. we talked about a rate cut that could happen at the end of the month, more likely december. the fed won't give themselves a lot of room to maneuver to the downside if they cut again. do you expect a cut or do you want one?
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>> i'd like one. i think it's needed. we're seeing global slowdown and the fed has room to do it. i think we'll see the fed cut rates again. cheryl: you expect a quarter point i'm assuming. >> one more cut, that should be it. cheryl: let's move to earnings season. obviously we're going to start hearing from the banks next week and a fed rate cut is going to be bad for banks. they don't make as much in profits, obviously, with lower interest rates. market watch headline today, bank earnings preview, the good times are p coming to an end. what do you make of that? >> i think it is. i really would avoid small and regional banks. i think they're in fairly tough times. i think th the larger banks are better positioned to continue to make money. they are finding ways to keep the bottom line sound. i think they'll continue to work through this situation. cheryl: you're not worried about goldman sachs, jp morgan. we are getting the big names next week. >> the smaller names i'm concerned with. cheryl: great to have you on the show. lauren: investment bankers
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could deliver final opinions about the saudi aramco deal expected today. it is expected to fall short of the $2 billion. executives working on the ipo have suggested that $1.5 trillion is a more realistic evaluation. they're working to complete the ipo by late november. it is the world's biggest oil producer. still ahead, president trump's anger at washington boiled over in minnesota last night as he fired up his supporters. he also fired up protesters outside the rally. will minnesota help or hurt the president in 2020. the jonas brothers are looking to prove they're more than just singers. one company giving them the chance to be brew masters. keep it here on "fbn: a.m." ♪ pink cadillac. ♪ crushed leather seats. ♪ riding in the back. ♪ cruising down the streets.
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lauren: president trump in minnesota, rallying his supporters and taking direct shots at democratic frontrunner joe biden. >> so now the democrats are making a pathetic bid to save sleepy joe. sleepy joe biden. he was only a good vice president because he understood how to kiss barack obama's [bleep] lauren: that wasn't even the most heated thing to happen last night. let's bring in washington examiner commentary writer tiana lowe to discuss what we heard, what the president said. wow, president trump pulling no punches. there was no talk of how to make america great again of. did the president hit the right notes last night to take the minnesota vote in 2020? because he lost it in 2016. >> so remarkably minnesota only went 1 point for hillary clinton
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as a state in 2016. minnesota's fifth congressional district, that's a d plus 26 district that hillary clinton won by some 50 odd points. i mean, the president was making a declaretive shot, focusing a lot of his shots on ilhan omar's personal life, which is a question of corruption, which there are some government records indicate it's possible her marriage was a sham. by focusing on the unverified parts of that story, the president knows where his bread is buttered and he snows by stoking the partisan divide he can turn out his base. lauren: and so he did. when you look at it like that, you make a point. i also want you to listen to what tulsi gabbard said. tuesday, we have the nex next democratic debate in ohio. she is back on the debate stage, one of 12. but maybe not. listen. >> they're holding so-called
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debates which are not debates at all but rather commercialized rel at television meant to -- reality television meant to entertain, rather than to inform oreor enlighten. lauren: she's saying the whole process of finding a nominee is rigged. >> she have a point that sticking 12 people on a debate stage for three hours is not a productive way for people to figure out who they want to vote for. they should have broken it up two nights if they want 12 candidates on the stage. i'm sure kamala harris would love for tulsi to stand this one out. she absolutely should not, seeing as she has no pathway to making it onto the november debate stage if she doesn't make a splash in the october ones. this will be ill-advised. i'm sure she's getting extra media coverage out of it which is obviously what she wants. lauren: who will be on the debate stage is bernie sanders, having just recovered, back in
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action after a heart attack. and he put out a video of him swinging a baseball bat on instagram and saying look, i'm going to be honest about my health conditions. i'm fine. do you think bernie sanders needs to slow down a bit? do you think voters thinks he needs to slow down a bit. >> what we need to know is -- this sounds technical, but the pumping efficiency of his heart. it's possible he had a heart attack that resulted in minimal or negligible heart failure or heart damage. if it did result in something, hopefully it did not, god willing, but if it did, then he will need to disclose that, not only to his supporters but to the electorate at large. he cannot run for president if his heart is failing. we don't know. the freak-out over bernie is a little overblown considering every frontrunner plus our president, they're all in their 70s. lauren: a lot of people have been talking about this, which begs the question, whoever the nominee is, do they pick a number two on the ticket who is
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much younger because, come on, after bernie's first term, should he be elected, he would be 83 years old. >> his first day in office, he would be older than ronald reagan, our oldest president to leave the oval, on his final day. lauren: tiana, thank you, have a great weekend. cheryl: he has definitely phoned home. former child star, now a-list actress drew barrymoore is getting her own daytime talk show. the star is going to have a new show starting next fall on cbs. the project doesn't have a name yet and barrymore is said to be the executive producer. she already owns her own production company so it kind of makes sense she will take a new direction with her career. let's take a look at how your money is doing this morning. we have a rally for futures right now as you can see. triple digit gains on the dow, up 228, s&p up 27, nasdaq up 85 and three quarters. hopes of a china trade deal,
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maybe we'll get good news today on that and also the chinese letting more investment come into their country, that's more of our money going in over there. still ahead, halloween right around the corner. and we're going to tell you how you can own your very own haunted house. and get ready to start your engines, nays cash revving up some -- nascar revving up big changes that may wind up making the races a little more quiet. you're watching "fbn: a.m." ♪ war is declared. ♪ and -- ♪ london calling. ♪ the underworld well, saving on homeowners insurance with geico's help was pretty fun too. ahhhh, it's a tiny dancer. they left a ton of stuff up here. welp, enjoy your house.
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cheryl: there is a twist this fall in the housing market when it comes to bidding wars. usually if wars drop with the cooler weather. this year, they are break. real estate broker brian kaco is here. what is going on in the market? >> i've had two bidding wars this fall. they were sort of in the $800,000 range. so all real estate is local. and it's all about prices. i think what we're seeing is a little bit of pent-up buyer demand. they were sitting on the fences. we had all the changes and sellers were disconnected from prices in some markets. these buyers now, fueled by these interest rates -- cheryl: low mortgage rates. >> they're jumping. they're a full point lower than a year ago. cheryl: we're at the 3% range right now. >> i did a re-fi, i got 2.75,
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15-year fixed on a conforming. cheryl: on a 15 year. nice. >> ridiculous. this is your chance. some places, there's a real affordability right now. so tulsa, oklahoma, love that. memphis, tennessee, you're seeing little pockets where the income actually is very good for the intro buyers, the first time buyer, some of those millennials and the prices are coming down a little bit and you've got these interest rates. so poof, bidding war, price it right. cheryl: who would have thought there would be a bidding war in the fall. younger buyers want historic homes but that could come with problems. you say we need to be cautious if we're going to buy a historic home. >> there's a responsibility that comes with a historic home. if you're going to maintain something, you may not have to work regular contractors. you need artisans. you might live in a historic district and that district might
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actually have some coug some rue not ready for. you get people knocking on your door sometimes, they're like oh, my gosh, i've heard this is the house that -- i'm a virginiaan. there's a lot of houses like that. cheryl: there's a lot in new york obviously. >> absolutely. cheryl: historical things in the new york area. we're seeing haunted houses up for sale. we did a story a few weeks ago with a guy with a scream mask on that was the realtor. this one is in gardner, massachusetts. this is -- there was like seven people that died in this home. >> is that the lizzy borden place? i don't know. historic homes, haunted houses, any house that has a little bit of notoriety to it, every state is different for a broker about do we disclose it. something's been published. it's out there and people know about it. but here's a fun fact. i was listing something where the seller was really disconnected from the price of the market and do you know what
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sold well before they did? the same day it listed? the am aityville horror house. they changed the address and they've done all kinds of things. that home has always traded and done well. cheryl: strange, right. >> if have you a house like that with that notoriety and you're still on the market, you've got to price right and maybe you'll get a bidding war. cheryl: we showed viewers different homes, there's several out there. brian, great to have you on the show. lauren, over to you. lauren: speaking of houses, if you're a seinfeld fan, your dream home just hit the market. the townhouse that was used for elaine's home in the sit com now up for sale. the home is in the chelsea neighborhood of new york city, a short walk from museums and parks. it spans four floors, has six bedrooms, an open kitchen and a backyard garden. if you're ready to move in, cough up $8.65 million. is that a loot for this, brian -- lot for this, brian? >> you know what, we'll see.
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we'll see if that's a lot for it. cheryl: the original owners paid less than $1 million for that. that's a $7 million profit. >> god bless america. lauren: take a look at futures, a 1% gain for the dow, for the s&p 500 and the nasdaq gaining 1.2% this morning and you know what, now all three major averages, if these gains hold, certainly higher on the week. we have optimism on those trade talks continuing today with beijing and news that china is letting some more foreign money into their financial system. well, still ahead, a stranger things landmark going up for sale. good news for potential buyers. it is not the upside down. and whether it's an unexpected diet of pie deer spiders of nigp before bed, people have ideas on how to get the best he sleep. but are they myths. keep it here on "fbn: a.m.." we're invested in you and your sleep. ♪ ♪
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lauren: a potentially historic false snowstorm, temperatures drop more than 50s degrees in parts of the country. cheryl: janice dean is live in the fox weather center. seems like winter came very early this year, is that a correct statement. janice: for some places, yet. looyes.look at that cold front. we have 62 in el paso, 21 in rapid city, 11 in denver. we have wind chills below zero in some of these places. you can see the 24 hour temperature change from today and yesterday. 28-degree difference in dallas, 22 in kansas city, 15 in denver, so, yes, a powerful winter storm. we also have a coastal low that's lingering offshore of the northeast. the good news is, most of it has been offshore.
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we are still going to see the potential for showers and gusty winds, especially for coastal nenew england. then our front is going to kick this thing out to sea. the area of low pressure, but we're still seeing the potential for heavy snow behind it. so blizzard warnings for parts of north dakota, winter storm advisories for the upper midwest where we could get an additional 8 to 12 inches on top of the 2 feet that we received over the northern plains and the northern rockies. so there you have it. beautiful day here in new york city. mostly sunny skies, 65, so a little cooler, just keep that in mind and happy weekend. cheryl: he happ happy weekend. and mostly sunny forecast. thank you. lauren: baby bear cubs took a dip in the pool on the last nice day before winter. it was just be in time. guess what? snow fell the following day. police kept an eye on these bears since there was a preschool nearby. after their impromptu pool party, they climbed up a tree
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and they left. cheryl: to the owner's happiness, i'm sure. all right. hope springs eternal when it comes to a brexit deal. boris johnson and the irish prime minister say they see a t pathwasee apathway to a possiblh the eu. victoria scholar is here, market analyst. are we really reading correctly? do you think they coffing out a deal with the eu before the deadline? >> well, certainly the markets think so. we're seeing the pound rally by about 6/10 of 1% against the u.s. dollar. that's extending those sharp gains that we saw yesterday. the best intraday performance since march, on the back of the talks between mr. johnson and the irish. we are still kind of light on the detail. we'll have to see what happens between these talks, between mrh
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took place this morning. we're waiting for a statement from that. the rally in the pound could certainly fade if we don't get of more clarity. we know there's 20 days to go until the october 31 ott 31st deadline. cheryl: we talk about the irish backstop. it is that border between northern ireland and ireland. shutting that down seems to me it would be catastrophic for trade and we should say a lot of american goods go through that area and the u.k. as well to get inside of europe. this could be really bad if it doesn't get worked out, correct? >> absolutely. i think the key risk is around the good friday agreement which is the real peace agreement that was agreed a number of years ago and that's why it has become such a contentious issue. that is why we're failing to get a real key way to resolve this problem, because he we're waiting to find out whether or not the two sides can come up with a deal there. cheryl: all right. we're going to keep our eyes on
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it. thank you, victoria. >> thanks. lauren: victoria's secret laying off nearly 50 workers. cheryl: tracee carrasco has that story. tracee: the company is laying off 15% of the workers at the headquarters in columbus, ohio. they have been doing reorganizing to make the more business more a agile. a company spokesperson saying they're, quote, on a journey to turn around the victoria's secret business. nascar could be using hybrid race car as early 2022. this according to the organization's vice president. john probst says the plans are in the prototype phases and manufacturers would be more concerned about performance rather than fuel efficiency. if the hybrids debut in 2022, nascar says it might only use them on road courses to start. if you're a big fan of stranger things and you have a chunk of money burning a hole in your
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pocket, you might want to get to duluth, georgia, the shopping mall featured in the latest season of th hit netflix show ip for sale. the property has been empty for quite a while now. no list price yet and the sale won't include the macy's, mega mart or the parking lot. cheryl: the big monster blew it up. tracee: finally, how about a joe bros brew. coors is releasing a limited edition beer bottle with the he jonas brothers' picture on the front. it was brewed in colorado during their happiness begins tour. it will hit store chefs startin- shelves starting in mid-november. cheryl: coming up, if you are tired, it could be because -- well, it's friday. it also might be because you're doing the wrong things to get a good night's sleep.
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we're going to debunk some of the biggest mitt myths about geg a good night's sleep. is the tv reboot fad coming to an end? we're going to explain. he keep it here on "fbn: a.m." ♪ driverless cars, or trips to mars. no commission. delivery drones, or the latest phones. no commission. no matter what you trade, at fidelity you'll pay no commission for online u.s. equity trades.
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♪ ♪ cheryl: everywhere you look there seems to be a reboot on television. lauren: i wonder request miami vice will. [laughter] >> funny that you ask that, we have two possible reboots, dawn johnson who played sunny and he said that, yes, miami vice might be getting a reboot, interesting because dawn johnson is 69 year's old and michael thomas is 70, we are not sure if they'll be able to wear those tight miami shirts, though, but people are excited for that, in addition to that, will smith, all right, hollywood reporter has a story out saying the fresh prince of bell air, will smith's
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company is work on a spin-off for the fresh prince of bell air, hollywood once again showing us that they have plenty of ideas clearly as the reboots nonstop. lauren: how successful have reboots have been in general. most success would be rosanne. connors not too well. survey came out that older that you get the less sleep that you need, they say that's not true, see, that's why i'm here. cheryl: isn't stuff that we are doing --
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>> 30% of people think if they fall asleep to tv or computers will be official, it's not. full sleep cycle 90 minute, you try to go to 90-minute intervals. the myth that we swallow 8 spiders in the sleep, not true, it's maybe one or two. happy friday. maria: tgif, i'm maria bartiromo friday october 11th, top stories before 6:00 a.m. on the east coast, breaking news this morning, iranian oil tanker has been hit by explosions off the coast of saudi arabia, oil prices are surging on this breaking news, we have the latest on the tensions rising in the middle east, meanwhile global markets rising on hopes with a deal with china, president trump saying that takes have gone really well,
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china's top negotiator to the white house today. take a looker, dow industrials, up 235 points, s&p 500 up 26 and nasdaq up 85 points this morning, the new fallout this morning from the nba hong kong controversy, the league apologizing after shutting down a reporter for trying to ask players about the attention and golden state steve kerr deflecting to america, mornings with maria begins right now. ♪ maria: big show this morning, joining the conversation fox business dagen mcdowell, founder and ceo and chief investment strategist nancy. good to see everybody. we have a lot to talk about. >> 3 hours just on the rally last night. [laughter]
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