re-elected. lou: thanks so much, corey lewandowski. great to see you. thank you for being with us. good night from new y y y y y lauren: it is 5:00 a.m. here are your top stories. breaking nose overnight, u.s. fs getting a boost this morning after the u.s. and china agree the to roll back tariffs on each other's goods in phases. the key stick point in getting a trade deal done. >> elizabeth warren has her sights set on a billionaire. how the 2020 democrat is taking on bill gates on how he's fighting back. lauren: it's peanut butter and jelly time in alaska. an unusual way a student is using a sandwich to pay off debt. it is thursday, november 7th. "fbn: a.m." starts right now.

♪ ♪ i'm on the right track, baby. ♪ i was born this way. ♪ i'm on the right track, baby. ♪ i was born this way. ♪ born this way. ♪ baby, i was born this way. lauren: good morning, welcome to "fbn: a.m.." i'm lauren simonetti. tracee: good morning, i'm tracee carrasco, in for cheryl casone. lauren: thank you for joining us. let's take a look at you how your money is moving this morning. it was quiet in yesterday's session. right now, on news that the u.s. and beijing have agreed to roll back some tariffs, if had they can reach a trade deal upon signing phase one of a trade deal, dow is up 156 points, nasdaq up 50 this morning. tracee: well, let's take a look at how asia is moving right now after had that news out of china. you can see all the nikkei, the

hang seng and kospi pointing higher. lauren: european stocks trading to the upside as well. the biggest percentage gain is in germany, 116 points to the upside on the dax there. let's start with that breaking news overnight and dig in a little deeper. china and the u.s. have agreed to lift tariffs on one another's products in phase as trade talks continue. china's ministry of commerce says tariffs will be rolled back depending on what's in the first part of a trade deal. negotiations continue over when and where a phase one deal would be signed. tracee: tariffs on china bringing in $7 billion to the u.s. in september, this according to an analysis of government data. that's up 9% from august and up nearly 60% from a year ago. lauren: investors are saying okay, we're close and if tariffs go away this sets the stage for more records for your investments. president trump rallying support in monroe, louisiana last night

for candidate eddie ris ripo >> reporter: thousands of people showed up to the president's rally in monroe, where the president touted his many accomplishments including as you said the strong economy. watch. >> america is an economic powerhouse again, like never before, actually, like never before. [ cheering and applause ] >> we eliminated a record number of job-killing regulations, saving an estimated $3,000 per household. we also passed the largest package of tax cuts and reforms in american history, saving a typical family of four another $2,000. >> reporter: the president hoping he can consisten convinco pack the polls next week as they try to unseat john bell edwards. that's important, because even

though this is a state that trump won by 20 percentage points back in 2016, right now a recent poll has edwards up by 2 points. >> edwards is a complete disas r teadisaster for the state of louisiana and you cannot afford four more years of this far left travesty. it is time to replace your failed governor, john bell edwards, with eddie risponi. >> reporter: the president plans to attend the big lsu, alabama football game on saturday. the student government in alabama already warning that anybody who actually -- any organizations that engages in disruptive behavior during the game will be removed from block seating for the remainder of the season. the election is on november 16th. big game. tracee: public impeachment hearings set to begin next week

while republicans fight to unmask the whistleblower who triggered the process. we're learning the whistleblower's attorney was calling for impeachment back in 2017. lauren: todd piro tells us what we can expect now. >> reporter: first up on wednesday is william teller, the top u.s. diplomat in ukraine expected to echo his closed hearing testimony, portions which read as follows, i became concerned that our relationship with ukraine was being fundamentally undermined by an irregular channel of u.s. policy making and withholding of vital security assistance for domestic political reasons. he will be followed by george kent, the deputy assistant secretary of state for european and eurasian affairs and marie yovanovitch, the former ambassador to ukraine. this comes as rand paul blocks a senate resolution to reaffirm whistleblower protections,

instead introducing regulations that would allow for president trump to face the whistleblower. devin nunes says there's a lot more to the democrats not wanting the whistleblower's identity revealed. >> whoever the whistleblower is must be an extreme partisan with lots of problems with their story. that's why the whistleblower's not coming forward. >> reporter: adding fuel to that fire, tweets from the whistleblower's attorney including this one from 2017, hashtag, coup has started as one falls, two more will take their place, hashtag rebellion, hashtag impeachment, referring to administration employees who defy the white house. this picture showing documents from previous presidential impeachments, adding next up, donald trump. mark zade added that the coup will occur in many steps and that we will get rid of him. back to you. lauren: todd piro, thank you very much. mike pence doubling down, telling trish regan there was no

quid pro quo. >> he never said listen, if you want to get this $400 million, you've got to do something on corruption. >> of course not. of course not. other than to say that we wanted to support his efforts to deal with corruption in ukraine, to deal with -- >> which is a legitimate thing to ask. >> it's only legitimate, it's what he ran on. president zelensky had an extraordinary victory in his campaign because he ran on an anti-corruption team. president trump made it clear we wanted to support him in that effort, to see him make progress in that effort and see european community come forward. >> did joe or hunter biden come up in the conversation? >> no, not at all. lauren: the vice president denied that any quid pro quo existed. we'll keep you updated with the latest on the story as we know. tracee: the ceos of jp morgan

and twitter, now bill gates is taking on elizabeth warren, this time over her proposed wealth tax. the microsoft co-founder speaking at an event in new york, said there should be a limit on how much rich people should have to pay. gates saying he's paid more than $10 billion in taxes, more than anyone else. he says if he had to pay $20 billion, it's fine, but he says if it's $100 billion and he has to do a little math about what he has left over, adding that he's just kidding. warren responded to the comments, tweeting, i'm always happy to meet with people even if we have different views. bill gates, if we get the chance, i would love to explain exactly how much you would pay under my wealth tax. i promise it's not $100 billion. warren is proposing to tax billionaires 6% to cover the cost of the medicare for all plan. lauren: do they sit down? something tells me probably not. then you have this, squad member alexandria ocasio-cortez joining warren's fight with jp morgan's

ceo, jamie dimon. aoc tweeting this, the billionaires are asking for a safe space in addition to the entire u.s. economy and political lobbying industry. yesterday, dimon said senator elizabeth warren's rhetoric vilifies successful people. aoc is saying the entire capitalist system protects rich people. tracee: the u.s. charges former twitter employees with spying for saudi arabia. they were charged with spying on twitter user accounts who were critical of saudi arabia. they've been accused of aggressively going after detractors and paid employees of twistwitter in various ways. lauren: california the latest state to investigate facebook. the state's attorney general is looking into the company's privacy practices. pros cue r tores say they began

-- prosecutors say they began probing facebook last year after the cambridge analytical scandal. facebook said they complied with requests from california authorities. prosecutors are you accusing facebook of not complying with subpoenas. tracee: an investigation is underway at alphabet amid claims of misconduct. the they are looking into allegations made against currend former executives, including made against the chief legal officer who allegedly had relationships with employees in violation of company policieses. they machine to complete the investigation by next month. lauren: let's get to other headlines making news this morning. jeff sessions wants his old senate seat back. he will announce his candidacy for the alabama senate seat he gave up to work for proll. he stead down as -- president trump. he stepped down at the first attorney general after the

relationship soured over his recusalal from the russia investigation. next year, a new study predicts $7 billion will be spent on political ads in 2020. the fastest growing segment is mobile and social media ads. google is considering changing its policy on political ads. the wall street journal is reporting that it has been holding internal meetings about the changes but unclear what exactly those changes will be. the news comes a week after twitter announced the company would stop accepting political and issue ads starting later this month. facebook meanwhile continues to accept political ads to run and has said it won't fact check statements from politicians. queen elizabeth decided to switch to fake fur. the palace did acknowledge the queen will continue to wear existing outfits in her wardrobe, suggesting the decision does not mean that the

queen will dispose of real fur items she already knows and we actually really care about this story. it's a faux paw to wear fur. tracee: everyone is moving away from real fur. lauren: and now the queen. tracee: taking a look at futures, you can see green you across the board. the dow futures up by 148 points, s&p 500 futures up by 13 and-a-half, nasdaq futures up by 46 and a quarter. a all of this as china and the u.s. have agreed to roll back tariffs on each other's goods. and china, still ahead, the u.s. and china taking a step forward on a possible trade deal, rolling back those tariffs as we just said but should we be holding our breath on a substantive deal? james dean is heading back to the big screen but is it a good thing? we'll explain, coming up on "fbn: a.m.." ♪ good thing, where have you gone. ♪ my good thing, you've been

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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. lauren: a possible breakthrough on a u.s.-china trade deal, china and the u.s. have agreed to lift tariffs on each other's products as work continues to reach phase one of a bigger deal. david ragland, investment strategist, joins us now. good morning. >> good morning. lauren: i'm a little confused on this statement coming from the chinese ministry of commerce. so we're still talking. they're working on phase one.

that would be great. the market would rally if that happens. and furthermore, we'll see this simultaneous and mutual rollback of tariffs which if this is the case, david, how high do stocks go? >> huge, huge, could be very large, very large. but of course we climb a wall of worry in the stock market and so you mentioned earlier, should we be worried about this? well, worry is actually a good thing, as we slowly progress forward towards a deal. obviously the market could rally at least another 10, 15% from here. lauren: 10, 15% from here. >> from here. absolutely. lauren: what would you say to critics who say you know what, if we roll back these tariffs, we're not holding china's foot to the fire, it's just an it you maultimatum that they're giving and we're trading. >> i think we're progressing in the trade negotiations. we set a foundation that we're going to be talking about these

things. to get a rollback from the chinese side would be huge. i got back from china several weeks ago. it's a phenomenal economy over there but it is slowing. you talk to individual people on the street, albeit very reserved, but you do get an indication that it has had impact on the chinese side as well. lauren: all right. let's pivot here. speaking of the economy, right here at home it might drastically change if an elizabeth warren, for instance, does become the candidate in 2020 and maybe eventually the president of the united states. bill gates, one of the world's richest men, taking her on. it's all about her proposed wealth tax. essentially, he's saying look, i will pay more in taxes, i'm more than happy to do that but there's a point and there's a red line when you tax too much, innovation goes bye-bye, it goes away. do you think people see through that? do you think they maybe side with gates over warren here? >> well, i mean, no question. look at apple started in a

garage, facebook started in a dorm. you know, when you the take the incentive away from ordinary people to become rich, then all of a sudden we become more socialistic in stature. that's going to create an overall drag on the overall economy. the only people that are going to be happy with the wealth tax will be the tax accountants and the lawyers, because they're going to be spending a whole lot of time and money for trying to eliminate ways to reduce the wealth tax to begin with. being a former accountant, i know how hard it is to fill out an intangible tax return which is effectively what a wealth tax actually is. that is a very difficult process. we might as well double the budget or tri l he'l he'll the t -- trip l he'll the budget for the -- triple the budget for the aceirs if we put a wealth tax in place. lauren: l walt disney reports

after the bel bell today n the t report, theme park attendance was struggling. they had some of the fox movies that they acquired that struggled at the box office. and now with those struggles they're spending so much on content for streaming, what do you see disney doing today? >> i think you've got to add another dwarf. let's call them lumpy. that's what tensioner will be for disney for a while. we've got to give it several quarters to see how earnings play out from a disney standpoint. lauren: disney is up 1% right now. so ahead of that report, it's not looking too lumpy. david ragland, thank you very much. we appreciate it. >> thank you. great to be with you. tracee: chesapeake energy stock breaks the b buck for the first time in 20 years, plum plummet% to 94-cents yesterday following

disappointing third quarter results. shares are down 40% in the last two days, the worst performance since the company went public in 1993. shares up in the premarket this morning and fox, the parent company of fox business, announcing a $2 billion stock buyback. the company firing on all cylinders, reporting better than expected earnings after the bell. the news follows the company's $71 billion sale of entertainment assets to l walt t disney. lauren: did that make you nervous to do that storely, our parent company. tracee: look at the futures right now. you can see green across the board. dow futures up by 150, s&p 500 up by 13 and three quarters, this on the positive news on the china-u.s. trade front. up next, how your iphone could be putting your bank account at risk and setting you up for scams. if your kid has an addiction to

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♪ did you steal my money. ♪ did you steal my money. ♪ are you out there, mr. no one tracee: many people are turning to payment systems to make life and transactions a little easier but are they secure. a new report highlights the differences between the apps and traditional credit card transactions and why you may be opening up your account to scammers. joining us now for more on that is brett larson. >> good morning.

we all feel pretty confident when we use our credit card, if the number falls into the wrong hands, maybe a couple phone calls and pain and suffering for a few minutes but for the most part we'll be okay. not so much if you view use venr apple cash. we hear of people venmo dashing th-ing thewrong person. they're not bound by the same rules as credit cards. there's not as much purchase protection. some of us don't remember that our apple cash and venmo accounts are generally tied to our checking account. once you send the money, the money is gone. i was reading a story about someone who thought they were buying concert tickets so apple cashed someone the money and that someone was fraudulent. apple cash and venmo warn you to be extra diligent when you're doing it. with venmo, it's very easy to

mistakenly send money to the wrong person. you could be brett larson 42157 and if you don't know that ant you wanted to send me money -- that's not my venmo name. you wouldn't know that. lauren tracee: i almost send the wrong person money. it's so easy to do when you just have the first name and last l name anname and if it's a commol name. >> when you set up venmo and apple cash, it's best to do it in person. they he create a qr code that you can scan. then you know it's legitimate. lauren: let's pivot to streaming of. everyone is talking about disney's new streaming service, lawn offing tuesday. >> streaming wars are here. lauren: i don't call it a war. in a war, there's one winner. netflix's ceo says look, don't look at the number of subscribers when you're trying to see who is winning these quote, unquote wars.

look at how much time they're spending in front of the tv and the screen. >> you know, i thought that was an interesting observation. because netflix is in a little bit of triage at the moment. they were the grand daddy of streaming services, now everybody is nipping at their heels. it's interesting they're stepping back saying it doesn't matter how many subscribers you have, it matters how much time they spend on your platform. that's the story of the internet, the contents is only as good as it is sticky if you want to keep the audience there. i don't know how that translates into money for netflix. lauren: they'll spend more on content to keep you -- >> they are. netflix is far and away spending billions of dollars. huge amounts of money acquiring content which is what they need to do. but in terms of measuring by people spending time there, i guess that's the proper measurement. that's how you would measure a tv show or tv network. you couldn't say well, we spent the most money on tv shows and

nobody waifs. so who is -- watches. so who is really winning. tracee: want to ask about the new ban china is enacting trying to cut down on the number of hours kids are playing video game. >> they're managing a video game addiction in the country. moving forwards, kids under 18, will be cut off from playing video games from 10:00 at night until 8:00 in the morning. on weekends, you get about three hours in that timeframe to play the video games. they call it notice on preventing minors from indulging in online games. sounds very official. so if you're having an issue dealing with your kid -- lauren: public warning. >> -- your kids playing too many video games, you give them a notice. lauren: james dean is coming back to the big screen, thanks to technology. >> we've seen this a few times. we've seen a couple advertisements with famous dancers who have since left us. but they're going to basically

take every angle of him from movies that he's done in the past, photographs, and they're going to do full body cgi suit and reenact him into a new movie. lauren: is that creep hey? >> it is -- creepy? >> it is a little bit creepy. a quote from james dean's manager, doubly creepy, this opens up a of whole new opportunity for many of our clients who are no longer with us. that seems awkward. we'll go through the catalog of people who are dead and see who we can bring back and make extra money. that's basically what they're doing. lauren: that's a fine line there. you can immortalize them in a sense, attracting new audiences who maybe never saw them. >> how do they feel about this. lauren: all of your segments are very scary. brett is scary. >> it's not even halloween. lauren: he brett larson, thank you. you can catch brett on fox news

headlines, 24/7, sirius xm channel 115. tracee: americans keeping busy on sleepless nights bishoping online -- by shopping online. a quarter of americans are shopping online and spending $2 billion while doing so. a quarter ofs those in the survey say they dropped up to $500 on late night sales with a majority spending at least $200. wow. lots of p money. laurenmoney.lauren: let's taket futures, there is hope that we are getting awfully close to signing a trade deal, a phase one of this deal with china. with that, global rally on our hands, markets in the u.s. are up half of 1% across the board. public impeachment hearings set for next week as president trump unleashes on democrats over brand-new whistleblower revelations. what it could all mean for president trump and 2020. remember the infamous black cat,

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tracee: attorney general william barr is trying to distance the justice department from the white house, regarding the ukraine controversy. reports say president trump asked barr to hold a news conference to clear the president of any wrong-doing but barr refused. this comes as the impeachment inquiry is set to start public hearings next week. to break this down, let's bring in attorney misty maris. good morning, misty. i want to ask you, what does

this mean for the relationship between president trump and william barr for his refusal not to do that press conference like the president had asked. does it mean anything? >> what i really think it means is what that william barr is trying to establish the independence of the attorney general. he had been criticized in the past for acting more like the president's lawyer, as opposed to the chief law enforcement officer for the nation. so i'm not sure it really means anything for the purposes of the merits of the case, what the investigation is going to reveal, that barr felt uncomfortable making that statement because of that. i think it's more of a hey, look, this is an autonomous agency, separate and apart from the president and the attorney general has to maintain that posture to do their job effectively. tracee: i want to ask about the hearing, the public hearings next week, it will be must-watch tv. i'm sure a lot of people will be wanting to hear what these three people set to testify, what they have to say. the gop says that it welcomes

these public hearings but what could this mean for president trump? could this be bad? could this be good? what could it mean for the election down the road? >> there's so many factors to take into consideration. there's been so much mystery behind these closed door depositions. putting this in the public sphere, it could have a certain -- it could have an effect on both sides. first of all, all of these witnesses, their credibility is going to be tested in a public forum. the people are going to see whether or not these witnesses ared credible. much of the testimony that has been released publicly, what we know, still doesn't have a firsthand account for a lot of the critical information. that's something that will play out in front of everyone. look, i tend to think that the whole process is probably going to be turned around on the democrats for the election perspective. it's going to be detrimental. it's likely the senate -- the senate is likely not going to convict based on what we see coming out here, whether or not the articles of impeachment are actually -- whether they move

forward with that. i'm not sure that's going to have the benefit -- going to benefit the democrats from the election perspective. tracee: from the election perspective you think it's going to detract from the things that are hoping to be done with the senate, with moving forward. >> yeah, absolutely. it's going to take time, money, it's going to take people off the campaign trail during critical times. so certainly there's a lot of factors there. but hey, look, it will depend on what comes out during that public testimony, like you said, must-watch tv, get the popcorn. it's sure to be a fiery few days. tracee: i want to ask about john bolton. if he shows up for his hearing, he's going to be the closest advisor to trump speaking. what could this mean? and where does this go if he shows up and what does he say? >> that's really what's going to be so interesting because that's part of the controversy here is do trump's highest level advisors, can they be compelled to testify? we have that playing out in a federal court right now and at

the moment it involves mcgahn and the judge heard oral arguments, is set to make a decision on that at the end of november. sos that's one issue that's in controversy right now. look, he's the guy that is the critical witness, so it's going to depend on what comes out during that testimony. it's hard to tell where it's going to go. tracee: a lot to watch. thank you for joining us. lauren, over to you. lauren: let's take a look at futures once again this morning. you will like what you see. you have the dow jumping 152 points, s&p up 14, nasdaq up 46 and a quarter. half a percent gains across the board, of course on the china news, they that both sides will agree to roll back some of those tariffs if phase one is looking good for a trade deal. your 401-k looking good this morning. and president trump not missing a chance to remind you of that. but now a 2020 candidate says trump's booming economy isn't enough. i can't believe i'm going to ask

this. what do the mona lisa and kim kardashian have in common? and why are we showing that video of peanut butter. a new york times critic is slammed for a pretty bad comparison. keep it here on "fbn: a.m." ♪

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6.7 million new jobs

created, wages rising at the fastest pace in 10 years, lowest unemployment in 50 years, lowest unemployment ever for african americans and hispanic americans. this economy is booming. people's savings and a pensions are soaring as the stock market is setting records and it's all a result of the vision, the determination and the resilience of a president who gets up every day and fights to keep the promises that he made to the american people. lauren: that was vice president mike pence president trump's commitment to a strong economy for the american people. but mayor pete buttigieg taking a shot at the trump economy, questioning if the gains in the stock market are actually translating to gains for voters. washington examiner commentary writer a tianna lowe is here. the point the mayor is making, is saying when i'm on the campaign trail, voters are saying what about me, suggesting the economy is not working for them. >> obviously, the economy. >>isn'tworking for everyone. but one-third of outstanding

corporate stock is composed of retirement accounts. when markets do well, average americans are doing well. it's true that we have the lowest unemployment rate in half a century and for the first time in well over a decade, we're actually seeing real wage growth for the average american. so i mean, i'm not discrediting mayor pete's actual lived experiences, but if you look at data on the aggregate, for a first time in the long time the american economy is helping out the little guy. lauren: thanks for making that point. if you have a 401-k or a pension, these gains help you. is it smart for democrats then to run against the trump economy? >> i mean, that's sort of the issue. that's the elephant in the room. as much as you dislike trump personally, as much as you think he committed an impeachable offense, the economy is benefiting everyone right now. we're overdue for a recession and it doesn't look like it's coming. so i think that mayor pete's treading on water here because it's -- that's a difficult thing

to attack trump on. lauren: and we may have a trade deal with china which would help. hillary clinton is talking once again. she made a couple points that may be resonating with moderates out there. she said medicare for all is disruptive, it's better to build on what we have now and make it better than disrupt it wednesday again at an expensive price tag and then she said look, you have elizabeth warren and bernie sanders talking about wealth taxes, but show me a country where something like this has actually worked because europe has shown us it doesn't work. >> i mean, in 1990, there were 12 countries in europe with a wealth tax, now there are three. france has seen thousands -- tens of thousands of millionaires leave the country. it just depletes the tax base. wealth taxes are unsustainable. it's crazy that hillary clinton is the voice of reason with medicare for all. everyone's so focused on the idea of reimbursement rates, yeah, the immediate costs are difficult. what about the r & d aspects.

we're 44% of the world's medical r and yor & d. we have a profit motivated system. we would then rely on china which is the next biggest medical r & d provider. lauren: it's almost surreal that in 2019 america is talking about some of these principles. >> it's as though socialism has never been tried before. lauren: it will be tested honestly in 2020 at the polls. joe biden once the frontrunner is now number four in iowa. where does he go from here? >> i think he's definitely betting on south carolina. if you look at his fund raising, it isn't too enthusiastic. s he's betting on the ordinary voter being terrified of these proposals. mayor pete is cutting into elizabeth warren's electorate. lauren: because he's more moderate. >> people are looking at warren

and saying she embellishes her record and not only that, she has a plan for, bu that but thee all bad. they're willing to go ove over e mayor over her. lauren: it's getting more interesting by the day. thank you very much. tracee, over to you. tracee: a fox business alert, a saudi arabian wealth fund reportedly backing a new startup by travis kalinik. it committed $400 million into the new company, called cloud kitchens. the deal could value the food delivery company at about $5 billion. kalinik is the former ceo of uber, ousted after a number of scandals there. well, let's take a look at u.s. futures right now, looking pretty good. we're seeing dow futures up by 148 points, s&p 500 futures up by 13, nasdaq futures up by 43 and a quarter. all of this on the report that china and the u.s. will roll back tariffs on each other's

goods. still ahead, helping our heroes, how the generosity of one boss made a vet's retirement dreams come true. plus, a new way to get you to the front of the line for your next flight. sign me up. you are watching "fbn: a.m.." ♪ you can go your own way. ♪ go your own way. ♪ you can call it another -- ♪ we would walk on the sidewalk ♪ ♪ all around the wind blows ♪ we would only hold on to let go ♪ ♪ blow a kiss into the sun ♪ we need someone to lean on ♪ blow a kiss into the sun ♪ we needed somebody to lean on ♪ ♪ ♪ ♪ all we need is someone to lean on ♪ geico would like to take a moment to say thank you to our military service members at home and abroad

for all their hard work and sacrifice. we all sleep easier knowing you're out there keeping us safe. and on a personal note... sfx: jet engines ... i just needed to get that off my chest. thank you. geico: proudly supporting the military for over 75 years. beyond the routine checkups. beyond the not-so-routine cases. comcast business is helping doctors provide care in whole new ways. all working with a new generation of technologies powered by our gig-speed network. because beyond technology... there is human ingenuity. every day, comcast business is helping businesses go beyond the expected. to do the extraordinary.

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tracee: funerals begin today for nine americans killed by a drug cartel in mexico. their family tells fox news they believe the gunman targeted the women and children. lauren: such a sad story. griff jenkins is live from washington as family and friends are heading to mexico, griff, to lay their loved one's babies in some instances to rest.

>> reporter: that's right. it's a caravan of a different kind than we're used to seeing, this one as hundreds of mourners arrive. they are under protection, ahead of the funerals. the carnage unfolded under the hands of cartel gunmen. mexico's president suggested the victims were caught in a fight weabetween warring factions. family members say it was deliberate. >> all we know is that it was on purpose. it wasn't an accident. they weren't in the wrong place at the wrong time. we don't believe that that's the truth. we believe that they knew who they were attacking when they attacked and they had it planned. >> reporter: this as president trump and some lawmakers in washington push for more involvement in the fight against the cartels, saying the u.s. stands ready to assist.

the mexican president is refusing any aid, saying war is not an option, saying hugs, not bullets, coming at a time when cartel violence is spiraling out of control, this year, murders are up more than 5%. a miracle amidst the mayhem, a baby reunited with her father after being found 11 hours later in a bullet-riddled suv, just unbelievable. as for the arrest yesterday, mexican authorities say they don't believe that suspect was directly involved in the attack. lauren, tracee. tracee: thank you, griff. well, here are some other headlines making news this morning. an auto mechanic will retire early stanchion thanks to the generosity of his boss. he had planned to he retire next year after paying off his mortgage but his boss wanted to

reward the vet for 13 years of service and gave him the $5,000 he needed to fulfill his dream. he received the deed to his house and retired last week. the infamous black cat that invaded the field at met life stadium during monday night's game is not alone. reports say the cat is one of more than 300 cats living inside the stadium. the owners are apparently keeping them fed. according to the new york post, the cats were brought in decades ago to tackle the rodent problem at a nearby racetrack. alaska airlines is creating ans espresso line for starbucks customers. the airline is offering priority boarding to passengers who hold one of the coffee chain's holiday cups which are out today. the promotion between the two seattle based companies begins today and ends on sunday. not only will you get to get on-board sooner, some passengers will find starbucks treats on their seats. and here's big news for anyone who enjoys a free breakfast.

einstein brothers bagels planning to give away its new all-nighter egg sandwich. it has eggs, bacon, cheese and jalapeno garlic oil on a cheesy hash brown bagel, designed to soak up last night's fun, hence the name. to get the freebie you need to print out the coupon starting 11:59 p.m. saturday. check your clocks now. lauren: and find a printer. coming up, first it was peter's steak house and now the mona lisa, why a new york times critic says it's time to take her down. here's a hint. kim kardashian. and paying bills is never fun but oneal as cay college -- but one alaska college has a unique way to make it easier. keep it here on "fbn: a.m." ♪

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no work of art should make people miserable saying guests are herded like cattle through the museum and the other paintings serve as wall papers,

he goes onto mock the painting, no one can remember how she even got famous in the first place, once again, "the new york times" trashing culture. >> wow, all right. >> no one like paying parking tickets but the university of alaska anchorage is trying to make it more palatable. 2, 16-ounce jars get 5-dollar credit, all of the food donated to those in need, the school says they are doing it to fight student hunger, maybe that will take the sting out of paying the ticket. i like that idea. lauren: i do too. tracee: i wouldn't mind if i got a ticket.

lauren: you know now when you get a ticket, they make you go online to see how much the ticket is. i wonder if you can pay with p&j. watch this. ♪ lauren: virginia father mimicking daughter's mom, she taught him the move so he can perform in the bleachers. not bad, not bad. tracee: not bad, great way. lauren: thanks for joining us fbn:am. tracee: over to mornings with maria. maria: good to have you with us, i'm maria bartiromo, it is thursday november 7th, your top stories right now before 6:00 a.m. on the east coast, breaking news this morning, u.s.-china trade driving markets this morning, china is reporting

that both sides agreed to roll back tariffs for the phase 1 of the deal as that gets closer to becoming a reality, we have all the news this morning, sparking a big rally in stocks this morning, take a lock, we are expecting another record high out of the opening gate this morning for major averages, dow industrials up 153 points, s&p is up 14 and nasdaq up 45. former twitter employees charged with spying, they are accused of accessing information of users who were critical of the saudi royal family, that's coming up. the wealth tax battle, bill gates takes on senator elizabeth warren over her plans to tax the rich. now congresswoman alexandria ocasio-cortez for gets into the fray, the war of words coming up right now.