tv After the Bell FOX Business December 19, 2019 4:00pm-5:00pm EST
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[closing bell rings] markets surging into the close. another record day on wall street. #trifecta. of nasdaq sees 6th straight record close. have a great day. "after the bell" is next. connell: another high steaks day on capitol hill. as liz says another record run on wall street. all three major averages closing al new highs. investors basically shrugging off all the impeachment talk. the dow settling up about 136, 137 points. that is the 18th record close for the year for the dow. one other thing pointing out, if you like round numbers, 10,000 points in the dow since election day 2016 at the close. melissa: wow. connell: close of trading today. 10,000 point. food to be with you. i'm connell mcshane. melissa: i'm melissa francis. this is "after the bell." s&p 500 closing at record highs. the sixth in a row for nasdaq, leading major averages for the year. in our nation's capitol, the
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house is set to vote on $1.2 trillion usmca deal any minute now. one day after their historic vote to impeach president trump. connell: fox team coverage on all of this. gerri willis on floor of the new york stock exchange. chad pergram covering all things capitol hill including that vote. kristina partsinevelos in newsroom. edward lawrence is in the white house. chad, start with you, we talked about impeachment and usmca is a big deal this hour as well. >> absolutely. we think the vote starts in ten minutes on the house floor. they're about to vote on salt, democratic provision to get rid of the element in the tax law from couple years ago that prohibited the deductions on state and local taxes here. this was a big issue in high-taxed states like new york and new jersey. that is a place where a lot of republicans didn't fare too well in the house races. that vote is up first in the house of representatives. that should start imminently. if you hear bells ringing behind me here, that is the vote on
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salt. seven or eight minutes they should vote on usmca. eight minutes after that they passed the usmca. the other thing they have to do here besides those element is in the senate, they have to fund the government. they approved one tranche of federal spending to avoid a government shutdown earlier today in the senate. just before i came on the air, appears the senate set up an agreement to approve the second tranche 5:30, 6:00. what you will see here, what we call on capitol hill the jailbreak. members of congress darting out of the building, running for exits, airports, train stations. congress will be out of session for holidays. there will not be a government shutdown like last time. they're about to go to the roll call vote on "salt." that is happening eminently. connell: thank you for all those votes. melissa. melissa: president trump responding to what he calls an impeachment hoax moments ago. edward lawrence.
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reporter: president sitting next to representative jeff van drew, at oval office, a democrat switching to the republican party. the president saying he is endorsing him. van drew was one of the democrats who voted not to impeach president trump. now on impeachment the president says that no republicans voted to impeach him. he says today, he does not feel any different. listen. >> i don't feel like i'm being impeached because it's a hoax. it's a set-up. it's a horrible thing they did. they happened to have a small majority. they took the small majority and forced people. reporter: i was told that the president did not watch house speaker nancy pelosi when she was speaking today. he was in meetings, internal meetings going on. a white house spokesperson though took exception with the house speaker today. this is what she said a day after she voted to impeach the president. listen to this. >> that is all i'm going to say about that now. i said this is it. any other questions on --
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anybody want to talk about mexico free trade agreement? anybody care about that. reporter: white house says they are ready for the trial in the senate. the white house counsel, the president says, will take the lead on that. the president very interested in the witnesses that the republicans will call once they get the articles of impeachment, if and when they get the articles of impeachment from the house. back to you. melissa: edward, thank you. connell: we wait for those votes in the house, let's bring in david macintosh in, club for growth president. actually met with the vice president at the white house to talk about trade. as you heard, david, chad pergram going through once they get through the state and local taxes vote, this vote on the trade deal, usmca should happen in the house of representatives the next few minutes. it bows to the senate after that, which is whole another story we can talk about but on the merits of this deal, now that woe have an agreement in place, are you optimistic what it might mean for the economy? >> yes, completely optimistic on that connell.
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the treasury secretary announced it will boost gdp half a percentage point. i heard estimates from others as high as one percentage point. that is a tremendous shot in the arm for our economy. what it meet for regular folks, at least 588,000 new jobs, and 200 some billion dollars of greater wealth for americans because we have this new, better free trade agreement in place. connell: saw some of those estimates. i think you're citing from the international trade commission. those are the most optimistic. those are other numbers where it doesn't get to that high of a level of jobs but it adds jobs, it's a net positive for the economy. there were some conservatives who said during the debate maybe republicans and the administration had to give up too much, give in to labor too much in order to get the agreement in place. what do you say to that? >> well, they were dealing with a very partisan democrat house as we saw to the impeachment. they have gone far left to the socialist strand.
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if they had to give up a little bit here and there overall it was worth it because now we have stable free trade with canada and mexico, our major trading partners. sometimes in politics you have to give a little in order to get a big package done. sadly, as you have seen, connell, they are moving so far left in the democrat caucus honestly i'm surprised nancy pelosi let this come up for a vote. they don't want free trade. they don't want free enterprise really. they want to control everything. connell: maybe wanting to look like they get something done besides impeachment. maybe that, i'm just speculating, thinks that helps her politically as well, i don't know but the fact is to your point, it does get done or looks like it does but it has to get through the senate, as i said a moment ago, started to say, a little bit complicated because, what the senate has said, leader mcconnell said, we'll have this trial on impeachment first. then we'll move towards something like usmca. but now, from what we hear
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today, maybe articles of impeachment are not passed over by speaker pelosi very quickly. then what happens? could this thing drag on a little? maybe they deal with it sooner? what do you think will happen? >> i think that gives leader mcconnell the option of moving it earlier. we would like to see that. he of course has to make sure that he has got votes there. i hope that democrats won't be partisan anti-trump on a really substantial bill like this. there are some republicans that i respect. pat toomey for example is concerned about it, is against it but i think on the whole what we're seeing stability in trade between canada, the u.s., mexico and the u.s. they had to give a little in order to get that through. it would be a tremendous boost to the economy if they can do it quickly in the senate. connell: that is david macintosh. club for growth. we'll watch house chamber for the vote. melissa. melissa: thanks, connell. u.s. existing home sales falling for the second time in three months. go to gerri willis for details.
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>> melissa, that's right. coming in down 1.7%. october revised lower. run rate now 5.35 million for the year. a bit of a disappointment, driving homebuilders down. pulte group, d.r. horton, lennar all lower. you might ask yourself, why is this happening, given the fact federal reserve cut interest rates three times this year? guess what? there is shortage of properties on offer from these homebuilders. disappointing there. most of the news though in the marketplace today, good. take for example, tesla. that stock raising past $400 a share this year. if you will remember, 420 is the level that elon musk said he would take his company private. everybody is watching those levels of course. there was a famous short seller today saying i wouldn't touch this stock with a 10-foot pole. you remember elon musk has battled short sellers for some time now. finally fascinating headline from apple. apparently the company holding preliminary talks with the
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pac-12 conference and mgm. they need content for the apple plus service they are trying to build desperately. we tried to reach apple. apple says they're not commenting on this at this time but one of the analysts on this saying hey this could be a game-changer for apple. first live sports, that they would have on the service. mgm was a bit of a tougher sell. interesting. apple they have $206 billion sitting around, waiting to be spent. i would be happy to help. i know you would be too. melissa: i would definitely help, gerri, thank you. connell: there might be changes meantime coming to the 401(k). congress preparing to pass first major piece of retirement reform in more than a decade. let's go to kristina partsinevelos with more on that one. reporter: connell, you're right. up to the senate to i am approve. big changes to the retirement plans including retirement accounts. house passed a spending bill that includes the secure act.
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standing every community up for retirement enhancement. the senate is pass spending bill before heading home for the holidays. the secure act would make it easier for maul businesses to have 401(k)s. part-time workers become eligible for benefits. required age of minimum distribution from 70.5 years he would to 72. there are penalty-free withdrawals for new parents. there is no age cap for traditional ira contributions. another big change could affect the wealthy who leave large inheritances retirement accounts. i point out, reached out to the house ways and means committee. haven't heard back yet, way it works if you happen to inherit a deceased parents ira, you can take distributions over decades, aka a stretch ira. but the new act means you have to withdraw all the money from inherited retirement accounts over 10 years.
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of course, that wreaks havoc estate planners. so according to bipartisan lawmakers the secure act's goal is to address issues that hold retirees back. we haven't seen changes like this in over 13 years. connell: that could be a dig deal for a lot of people. kristina, thanks. melissa: taking action, americans receiving record-setting number of robocalls. some relief may be in sight. i feel like i heard this before. what you need to know next. connell: that phone has a lot of dents. presidential candidates set to take the stage for the debate. there is new poll, reveals essentially good news for president trump. it is about the economy. breaking it down what it means for the white house race. melissa: one month after the launch, disney plus is taking a pretty big bite out of one of the main competitors. what it means for the streaming wars later this hour. ♪.
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passing a bill cracking down on robocalls today. they sent it to the president's desk for approval, give law enforcement, regulators, phone companies more tools to go after spam calls. so many of them, they hit consumer phones with record 54 billion calls, this year alone apparently. melissa: amazing. showdown on capitol hill. house speaker nancy pelosi delays sending articles of impeachment to the senate. senate majority leader mitch mcconnell is fighting back. take a listen. >> teach the president immediately everybody is on to the next thing. the next thing for us will be when we see the process that is set forth in the senate. then we'll know the number of managers that we may have to go forward and who, who we would choose. that is what i said last night. that is what i'm saying now. >> when speaker pelosi suggested house democrats may be too afraid, too afraid to transmit
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their shoddy work product to the senate. mr. president, looks like the prosecutors are getting cold feet. melissa: here is bill mcgurn, "wall street journal" columnist and fox news contributor. what do you think about the hold on impeachment? i guess for our viewers, how does it impact other things that are trying to get through, specifically, you know, they're getting ready, having a vote on usmca. >> right. melissa: that needs to go over to the senate as well. how does hold on impeachment impact what the other stuff we care about? >> i think that mrs. pelosi is under pressure to do one of those things. one of ironies of impeachment, usually president is impeached on the ropes, back to the wall, very weak, can't get stuff done. because mrs. pelosi has done much with the president, she was under pressure to get the trade deal done. i think it is going through. i don't know whether to believe her words. when she started this process without a vote, and this whole rube goldberg arrangement that she set up, she insisted that the house has the right to set
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its own rules as the constitution maintains. so does the senate. i'm saying any showdown between mitch mcconnell and nancy pelosi i would be betting on the senator. melissa: yeah. when do you think that the senate takes up usmca? and is there a fight there? is it linked to this. do they kind of put it through? >> i think they will put it through. a republican senate will want to put it through both for the president and for the country. they believe lack of a deal has maybe knocked off some economic growth and so forth. so there is a big incentive apart from impeachment and so forth for republicans to put it through. senator mcconnell said it would be in january. you don't know. maybe they do rejuggle things. melissa: nancy pelosi will claim victory on usmca even though, you know, democrats held it up in the house. >> right. melissa: but, why aren't there more pieces of legislation where both sides can claim victory? that is going to happen
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definitely with usmca and, americans will be happy about it being done because it will see it reflected in everything they're doing? it is true probably everybody gets a boost from it, right? >> right. i think it's a good thing when everyone claims victory. that is what we want. that is about what compromise is a about. you get a little. give a little. she held it up for a year. good for her taking credit. the more important thing, what it does for the nation t removes big question mark hanging over the connie. i don't think it matters. someone once side, if you don't care about who gets credit you can get awful lot done. melissa: yeah. but that will never happen in washington. that is the exact opposite what goes on in washington. >> exactly. melissa: who benefit how impeachment is played out. what do republicans want to see here? what would president want to see? what would the democrats like to see? >> i don't think a president ever benefits from being impeached.
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it is not a good thing. it is kind of an asterisk put on him. if you look at this process did not move the voters. mrs. pelosi's bet if you impeach they will come. the drop was nine points in the other direction. so here's a question. it is equivalent ever the death penalty in politics, right? you're nullifying a presidential election. in theory taking a president out of office if the senate concurs. what if after you drop this on donald trump he is unmoved? he is like one of those guys comes out of chernobyl, all nuked up but sort of stronger? i don't know what they throw at him next after they have tried this? i think it will look very different, you know, eight weeks from now, you know, assuming the senate gets through the trial and i think he is acquitted. no president has been removed by impeachment. there is reason for that. the founders made it difficult. melissa: bill, thank you. >> thank you. connell: house floor, usmca vote is going as we speak. we'll see how the yeas and nays,
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far more yeas than nays which is what we expected. as soon as it is over the top, we'll get results to bring it to you maybe after the break. other news to cover. setting up supreme court showdown. what a new ruling on obamacare mean for you and your health care. one major tech giant is taking on elon musk's spacex. with facility four times the size of an american football field.
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melissa: "fox business alert." the house the passing $1.2 trillion usmca deal. let's go back to edward lawrence for more. reporter: this passed 385-41. it wasn't even close. the bill would go to the senate. senate majority leader mitch mcconnell will not take this up until after the impeachment trial. also in the house, announced by house majority leader, no more
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votes. that means that the impeachment articles will also be in january, if they go, in january of 2020. so again no more votes in the house. this passes. administration saying this will create 176,000 new jobs for the united states. usmca. now we have canada that has to approve it. mexico has already ratified this. and again, the u.s. senate has to take this up. that will be in late january. back to you. melissa: edward, thank you. connell: we have another "fox business alert." this one on corporate earnings. nike out with its numbers. looks like the stock's down a little bit. gerri willis to run us through it. gerri? reporter: what a great quarter this company has had. earnings at 70 cents a share. expectations of 58 cents a share. blow out on top line, bottom line similarly better. 10.09 was expectations. 10.33 billion in revenues what they got. very good news. i think investors are definitely focusing on statement about gross margins.
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slightly disappointing because higher product costs due to incremental tariffs on north american goods. so tariffs rearing their ugly head in the earnings report. we have a few other things going on here. greater china revenues, higher up, 20% for nike. north american revenues up 5%. but i got to tell you, stock is down 2%. chopping trading after hours. that is because gross margins, just a little bit narrower, because of higher product costs due to the tariffs. back to you. connell: everything else looks good. thank you, gerri. melissa: obamacare unraveling. federal court upholding a ruling that the individual mandate sun constitutional, paving way for entire affordable care act to be dismantled nearly a decade after first signed into law. let's go to fox news's doug mckelway live in washington with details. doug. reporter: good afternoon. a major court ruling on obamacare largely escaping capitol's attention.
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fifth circuit of appeals uphold obama ruling, individual mandate that life blood health plan was legally eliminated when congress passed the jobs act. that eliminated penalty for those who refused to pay the individual mandate. that opens the door to potential battles over obamacare, one in the supreme court, doubtful an appeal would reach the high court before the 2020 election. another in congress, whether health care moves towards government control if democrats win a majority. >> we were reminded of our responsibility in the incredibly high-stakes, yesterday, with the alarming ruling from the fifth circuit, on the cynical partisan lawsuit, looking to gut the affordable care act and rip away health care for millions. reporter: the other direction whether health care moves to market control if republicans run congress and the
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white house. >> we were reminded of our responsibility and incredibly high-stakes yesterday, with the alarming ruling from the fifth circuit on the cynical partisan lawsuit looking to gut the affordable care act and rip away health care for millions. reporter: meantime senator charles grassily said yesterday obamacare will remain the law of the land but it's a changing law, since the individual mandate ended. some insurers have been raising premiums. others are lowering them. that is because of a trump executive order that permits so-called skinny plans which are cheaper, limited coverage plans once prohibited under obamacare. melissa. melissa: doug, thank you. connell: all right. streaming rat race, disney putting the squeeze on netflix's cheese. how streaming's newest play making live difficult for streaming's oldest player. that is later in the hour. melissa: if you're booking a room later in the holidays, be
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careful where you hang your hat. infectious disease specialist from minnesota public health, hotel chairs, made of hard to clean fabric and wouldn't get rid of all the germs hiding in there. please. we don't want video of that. connell: is this the election that never ends? democrats feels like they're holding the 600th debate of the season. it is not. we're counting. we're not in the right decade yet. it is not even 2020. we're on the ground at the debate site for you. that is coming up next. >> think we're going into recession? i said don't worry about it. we think we're going into recession. they were willing to lose their wealth. they were willing for their stocks, whatever the hell they own, what do you guys own back there? ♪. u.s. stock and etf trades.
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it has well over 7,000 outlets they in fact franchises they control all the work on, they control the rules. you should be able to. we should unionize mcdonald's. [cheering] that's why i'm here today. not only, not only mcdonald's workers. i understand lyft drivers are here. how many lyft drivers are here? [cheering] reporter: this debate almost didn't happen after union workers in a labor dispute planned to picket outside of the debate. all seven candidates said they would not cross the pickets outside to go inside of the debate. pressure of presidential candidates backing workers, press pressured the company sydexo to make a deal. >> dnc, others brought us back to the table. reporter: for any candidate wants to win california they need to win over union workers.
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california has more union members than any state in the country. 2.4 million of them. 19% of the workforce belongs to a union. california is also one of the first states to pass protections for contract workers, paving the way for ride-sharing company employees like uber and lyft drivers to organize and unionize. tomorrow there are more union protests planned at lax. any candidate wanting to get out of town after this debate tomorrow will need to book an early flight. they could be stuck in the middle of another union boycott. melissa: wow. thanks, hillary, as we get set for the debate. show you new numbers that american voters are embracing as you expect the booming economy. 73% voters are optimistic about the economy. quinnipiac with the latest numbers in their national poll. what does it mean for the 2020 race? stan mitchell, center for freedom and prosperity where he is the chairman. you will see them all on the
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stage tonight, dan, not all of them, but seven candidates who qualify for the debate and they will make arguments. how do they make an economic argument against that environment? >> i aassume they play the class warfare card. it is difficult to say the world is coming to an end. the economy is bad when we're seeing record low unemployment. we're seeing record low unemployment for minorities. we're seeing wage growth, especially at the low end. i mean on paper, and not only paper but in reality this is a very strong economy. let me give you a little caveat. connell: okay. >> we might have said the same thing in 2007. maybe there is a bubble. maybe there is a hiccup down the road we don't know about. economists are lousy forecasters. not like i'm going to be able to tell you what is going to happen but right now it's a strong economy. i think that plays very well for president trump. connell: many people did say the same thing in 2007. most of the time they were talking about the market as i
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remember. there were issues bubbling before, well before that in 2006 in the subprime market. that stuff was out there. is there anything, not saying anything similar out there now. slowing in certain parts of the economy, would you be concerned about that? >> if i identified something to be concerned about. i think all the central bank easing not only federal reserve but european central banks, other central banks around the world. that i think dumped a lot of excess liquidity into markets. i think it bid up asset prices. maybe there is a bubble there. that is something concerns me. heaven knows, europe i think is in a very weak state with lots of excessive government debt and -- connell: poor timing, right? i meantiming in presidential politics it is a you will timing. most people polled, they could be wrong. they say this expansion will continue. when do you think the most important time to look? maybe early next summer, something like that? >> there are several, what are
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called macroeconomic political forecasting models. they all say trump will win. it is mostly because personal disposable income is very strong right now. why would people throw out an incumbent when their personal situation as you indicated with that polling data you cited, why would they throw out and incumbent? it will not be personal income growth that we're experiencing today. what is going to be happening six months and nine months from now. so, if i'm part of the trump political campaign, if i was one of those people, i would be sitting there, okay, what is going to be happening next june, next july, next august. connell: sure. >> that is when the rubber really meets the road. connell: where does it happen, right? talk about that a little bit, dan. election gets decided. small part of country, key states. you know parts of the country which are now kind of identified as trump country if you will. there is new numbers out that show that some of these areas may have been in a recession
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during the last campaign, in 2016. reuters had a report based on data from the bureau economic analysis. but it is changed now. so the number of counties with negative gdp growth in so-called trump country where he won has fallen by nearly half during the first two years of his presidency. so again, when you look at that, you try to determine re-election odds, what would you say? >> presumably, that has to help president trump. now, some of my democratic friend, they tell me, oh, but, manufacturing jobs haven't recovered. well, in a productive, growing economy, manufacturing jobs do tend to fall simply because we have more productivity improvement. manufacturing jobs are falling in china. they're falling all over the world simply because of productivity. the question, is there enough economic dynamism to create jobs elsewhere so if people happen to be unfortunate enough to work in
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industry where productivity improvements reducing jobs, do you have other options? if you look at unemployment data, it is strong picture. if you lose your job, better to lose your job than back in 2009. connell: plenty of options out there. we'll watch the debate. see if any of this comes up. dan mitchell. >> thank you. melissa: out of this world competition. amazon building a facility to rival elon musk's spacex. how will this change the space race? details next. plus reviews for the new star wars film are in. they're not great. how disappointing. what this means for disney's 100 million-dollar bet. that's next. ♪. ...and about 15 minutes for us to do this. blends right into the italian architecture! ♪ no no no no no! ♪
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that drive a company's growth and gain new perspectives. that's why we go beyond the numbers. t. rowe price. invest with confidence. that's why we go beyond the numbers. what are you doing back there, junior? since we're obviously lost, i'm rescheduling my xfinity customer service appointment. ah, relax. i got this. which gps are you using anyway? a little something called instinct. been using it for years. yeah, that's what i'm afraid of. he knows exactly where we're going. my whole body is a compass. oh boy... the my account app makes today's xfinity customer service simple, easy, awesome. not my thing.
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this morning i woke up calm and unbreakable. tomorrow? who knows. age is just an illusion. how you show up for the world, that's what's real. what's your idea? i put it out there with a godaddy website. make the world you want. melissa: facebook, the social media giant will air the first-ever super bowl ad the game. it is 60 seconds long. it will feature chris rock and sylvester stallone. hard to imagine. jack hough, baron's associate editor. imagine a commercial with two the guys in it. >> i can't imagine it. they all come crawling back to television at the end. melissa: i love that. >> they're not coming to print journalism this is good mix. facebook is internet for baby
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boomers. baby boomers love the super bowl. sylvester stallone. i guess clint eastwood was busy. i like the idea. melissa: does it make you want to sell facebook? they're out of date and out of touch. >> oy. melissa: now they're desperately trying to get it back by going to super bowls? >> these are strong words you're throwing around here. melissa: okay. >> they have instagram for the young, let's not forget. facebook generates a ton of cash. they have money to burn over there. this is drop in the bucket for them. melissa: all right. while i have you, jeff bezos looking to give elon musk a new run for his money. e-commerce giant, not new, e-commerce giant, new washington-based facility that will build and launch more than 3,000 satellites into space, bringing competition to spacex. what are your thoughts on this one? whose rocket is bigger? >> the cost of launching satellites come down so far. my only complaint, amazon want
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to bring fast internet service to underserved communities around the world. that is great. what about people like me who live in overserved community? i want cheaper internet too. how about letting me in on this. melissa: i like that idea. maybe they're listening. burger king offering free impossible whoppers for holiday travelers facing delays and hunger through any airport through december 30th. latest way to promote plant based option. >> i can't endorse this one. melissa: no. >> flight is delayed for three hours. locked in a metal canister with recirculated air gorging on artificial meat. hand out air fresheners. i have to call them like i see them. melissa: only thing worse being delayed on the a plane would be given a fake burger. how hungry would i have to eat one of those? starving. might take a bite out of person next to me first.
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>> wow. melissa: "the rise of skywalker" hits theaters tomorrow. it is on track to be one of the worst reviewed films in "star wars" saga? what about randa jar jar binks whatever his name. they dubbed the franchise, sour and convoluted. jack, i have two sets of tickets to this, i have got to tell you. one for tomorrow, and one for after christmas. uh-oh. >> i thought you were going to see that remake of that musical "cats." you're not going to "star wars" instead of that, are you? i think disney will not have any problems with the movie. it will dominate the box office. melissa: you're not worried that the movie is already getting bad reviews? like the cats thing, whoever made it knows neither how big or small a cat actually is, weird clothes? >> did you say 58%. that is rotten tomatoes half
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full. that is higher than a lot of movies. melissa: brought the good comedy writing. good to see you. >> thank you. connell. more texting, less talking, number of face-to-face interactions down 15% in the uk. i'm sure it is similar here over the past five years. melissa: got to be worse. connell: probably. these numbers come from the life insurance broker, life search. they say digital conversations are to blame. of course, texting. so, is technology hurting your social life? melissa: who better to ask -- [laughter]. connell: david asman. >> i love how melissa always enters into conversations. every single conversation. connell: i don't mind. we're calling this segment who better to ask. at the end of the year we'll put together a real of your who better to ask. >> by the way, one of the thinks i love about you and melissa. this is real conversation, as opposed -- virtual life is not a life worth living. so many people think they have
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1000 friends. folks, you don't. if you're lucky, you maybe have 10 good friend in your entire life. but a lot of people do think their virtual life is real. there are problems with that. on the other hand, i don't mean to waffle, there are a lot of people, particularly people homebound, this gives them a chance to communicate to get in touch with friends and relatives like they have never done before. there is a big plus on this. you can't go through life thinking that the virtual reality is the real reality. i guess, i don't know about melissa, melissa, do you keep your kids from having their little handhelds at the dinner table, so forth. melissa: oh, yeah. absolutely. connell: i told cavuto, my kids are opposite. if i try to talk to them, they want nothing to do with me. but if you text them first -- >> oh, no. you have to text your kids to tell them to come to dinner? connell: they might actually answer on their own time. melissa: one nice surprising things about getting my kids
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phones, they call me during the day. they want to talk at that moment. >> there are pluses. everything in life, there are pluses and minuses. there are no solutions. only tradeoffs. you have to find out what for your life is the proper tradeoff. that simple. connell: what is coming up on "bulls & bears"? >> interesting youd is that question, connell. connell: who better to ask? >> jim banks is coming up. he will talk to us not only about usmca which passed for all the problems we're having with tie-ups because of impeachment but we will also ask him about impeachment. marc lotter, working for the re-election of the president. guess what is helping the president more than anything in recent times? the impeachment on the very day of the impeachment they raised five million bucks. we'll ask him about that. connell: great david asman. who better to ask at the top of the hour. melissa: so fun. bell of the ball, new signs that disney plus is taking a top spot on the streaming wars. we'll tell you why next.
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and i recently had hi, ia heart attack. it changed my life. but i'm a survivor. after my heart attack, my doctor prescribed brilinta. it's for people who have been hospitalized for a heart attack. brilinta is taken with a low-dose aspirin. no more than 100 milligrams as it affects how well brilinta works. brilinta helps keep platelets from sticking together and forming a clot. in a clinical study, brilinta worked better than plavix. brilinta reduced the chance of having another heart attack... ...or dying from one. don't stop taking brilinta without talking to your doctor, since stopping it too soon increases your risk of clots in your stent, heart attack, stroke, and even death. brilinta may cause bruising or bleeding more easily, or serious, sometimes fatal bleeding. don't take brilinta if you have bleeding, like stomach ulcers, a history of bleeding in the brain, or severe liver problems. slow heart rhythm has been reported. tell your doctor about bleeding new or unexpected shortness of breath any planned surgery, and all medicines you take. if you recently had a heart attack, ask your doctor if brilinta is right for you. my heart is worth brilinta. if you can't afford your medication, astrazeneca may be able to help.
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melissa: it's the season of beginning back, about 95 million dollars of merchandise return, a 20% jump from last year, on-line orders likely to account for half of this year's volume. connell: they like to go to the store. connell: disney plus is cashing in. netflix lost a million of its subscribers in the month of november, the same month that disney plus launched. jackie? reporter: the stocks went in different directions today. disney shares slightly lower, netflix shares got a big pop. headlines there was they
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conducted a survive that showed netflix of bleeding subscribers, 1.1 million in november toes did plus, they also suggest 1.6 million could bleed in fourth quarter, but street is taking it on the chin, a hot of analysts. -- a lot of analyst saying they knew netflix was facing more competition this year. apple tv, hbo max and other services, but what is special about disney plus is the library, a little manage for everyone, this year other services step up their original contact game, netflix has to do more, does not mean it can't beat the bar. outlook if you read the whole report is positive on netflix, long-term, it says there is potential for subscriber growth still through international, existing and now markets.
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short-term there could be more stumbling blocks with earnings in fourth quarter, and more subscriber problems, but longer term it looks better. we've talked so much about cord cutting, now it seems they may be a little bit more picky or selective parsing through best values. connell: interesting, a good large for disney, jackie -- larglaunching for disney. melissa: it is beginning to look a lot like christmas. but not if you are dreaming of a white christmas, early forecast predicting below average no fall on christmas day with a few places expected to get more than an end of -- know inch of snow, you can find your town. i think there a bunch. connell: mott note me, youtube? >> an 8-year-old toy reviewer
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making biggest bank of all youtubers this year. 26 million. melissa: i'm not sure i believe that. connell: he got his start by opening up toys and videos, the same way i started. the vhs did this work then. you went viral, 3 years old, and now has 30 million subscribers which i -- we don't have time, a bunch of questions who ask. but, they could do a lot worse. own line of toys, own line of clothes, show on nickelodeon, a deal with hulu, what is that? melissa: on his ownism absolutely. melissa: parents involved. connell: none of us do it on our own. we have terrific producers as you always tell me. melissa: that is a lot of money, imvery jealous. >> thank you.
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wow. connell: that is it for us this hour. melissa: just opening toys and playing with it. my kids were doing all of the wrong things. connell: "bulls and bears" starts right now. david: tonight on "bulls and bears," a big day for and you your money, house just passing a massive new usmca trade deal, all three major averages are closing at brand-new record highs, if you have any stocks, 401(k) and et cetera you are making money. good evening, i am david asman thank you for joining us. on the panel today zachary, jonathan hoenig, li liz peek and gary kaltbaum. the house voting to pass the usmca trade agreement. with senate and president trump expected to approve the new deal in early 2020. but republican senator pat tumi
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