tv FBN AM FOX Business January 14, 2020 5:00am-6:00am EST
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wednesday. a lot of special guests this week. a remind tore follow me on twitter @loudobbs. see you tomorrow evening. lauren: it is 5:00 a.m. here are your top stories at this hour. fox business as learned there could be a blockbuster announcement in phase one of the trade deal with china and it could be a game change for american companies. cheryl: 20102010 democratic hopefuls will face off in the seventh primary debate tonight. how will elizabeth warren and bernie sanders handle the brewing controversy that your ed between them. lauren: as the stock market tips to roar, millennials are missing out. we'll ask why they're not invested in stocks. it us tuesday, january 14th. "fbn: a.m." starts right now. ♪
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♪ it's a beautiful day and i can't stop myself from smiling. ♪ i know there's no denying. ♪ it's a beautiful day, the sun is up, the music's playing. cheryl: it is a clear, beautiful day here in new york city. good morning, welcome to "fbn: a.m.." i'm cheryl casone. lauren: it actually feels like spring. good morning, i'm lauren simonetti. cheryl: let's look at how your money is moving this morning after the s&p set a record last night, we have green arrows across the board as fourth quarter earnings kick off. we start this morning, jp morgan, citigroup, wells fargo, the trade deal with china about to be signed. lauren: this is helping sentiment in asia, sending monday's session mixed for the most part. the shanghai composite was down
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overnight. cheryl: you have green arrows in europe, the ftse 100 out of london, that market is p up three quarters of a percent, cac and dax higher as well. lauren: back to china. fox business learned some key details in what is in the phase one trade deal with china. the deal is expected tomorrow. cheryl: let's go to edward lawrence,s he's in washington with all of the details. edward, good morning. >> reporter: good morning, cheryl and lauren. there's a feeling of glee among trade folks i talked with in the trade circles over the signing of the phase one trade deal with china. two big things are going to happen this week of. one, on wednesday, the chinese trade delegation expected to sign the phase one trade deal. later on today, the chinese delegation meeting with u.s. businesses to try and repair the damage that's happened to their economy. vice premier liu he will meet with u.s. businesses, especially the industrial and commerce
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businesses, businesses that do import, export, to try to tell them that china is open for business again. economists think china will recover as well as hard-hit sectors of the u.s. economy. >> i think they not only can recover, i think they can recover and gain a lot besides. trump has always claimed he was a free trader. this is proof positive that he is a free trader. >> reporter: china has been removed as a currency manipulator, that's one of the things the chinese wanted in order to sign a phase one trade deal. once that deal is signed on wednesday, senior administration official tells me that it will be published online for everyone to see. no one has read publicly what is inside that document. i was told the entire section he related to protecting intellectual property is there and if that is the case, it could be a game-changer for american companies for decades to come. back to you. cheryl: edward, thank you. staying with trade, u.s. trade representative robert lighthizer told lou dobbs last night how
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the trump administration will keep up the pressure on china. >> we maintain $380 billion worth of tariffs on important products. so across the board, it's a really, really good deal for the united states and a it will work if reformers in china want it to work and if that happens, great. if it doesn't happen, it's fully enforceable. lauren: jp morgan chase ceo jamie dimon in an he exclusive interview with maria bartiromo said he w well comes the trade l -- well comes thdeal-welcomes tl between the u.s. and china. >> i think there's a little bit of a decoupling between china's economic system and ours. for security purposes and otherwise. i still think china will continue to grow. lauren: you can hear more of maria's interview with jamie dimon this morning on "mornings with maria." it starts at 6:00 a.m. eastern time. cheryl: officials from the us,
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japan and european union are holding meetings in washington. u.s. trade representative robert lighthizer sat down with japan's trade minister yesterday, they talked about their relationship, lighthizer will meet with eu's trade commissioner, phil hogan on thursday. the eu's new trade commissioner will hold private meetings with u.s. business leaders in washington. the talks could set up a new trade fight between president trump and the eu, france threatening a tax on digital services, the u.s. threatened a 100% tariff on french products like wine and cheese. lauren: which we have been talking a lot about. we have a fox business alert for you, breaking overnight. iran claiming that arrests have been made over the regime accidentally shooting down a ukrainian passenger plane. cheryl: iran's president is vowing to punish everyone responsible for the tragedy that killed 177 innocent people. trey yingst is in jerusalem as
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protests enter their fourth day. >> reporter: good morning. breaking today, the iranian justice chief says his country has made arrests in the shooting down of the ukrainian plane last week that killed all 176 people on-board. update came through iranian state media adding adding an ee investigation has taken place. it was hit on the same night that rap launched 16 -- that iran launched 16 ballistic missiles into iraq. iranian government first denied any involvement in the accident. in tehran, demonstrations against the government continued for the fourth day. they're upset with how the iranian regime initially handled the incident. many fires were set you across
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tehran as police fired tear gas and guns. police have denied open firing against the demonstrators. the justice chief weighed in on the clashes. >> if the agents of america want to use a problem, authorities won't allow anyone to compromise security. >> reporter: president trump has been tweeting messages of support to demonstrators in tehran, many of the messages coming in persian, their native language. it's not clear whether or not the warnings from the trump administration will have any consequences on the iranian regime. lauren: attorney general bill barr said the shooting after month at a pensacola, florida may l vanaval base was an a actf terrorism. he said the shooter was motivated by jihadist ideology. the fbi is asking for apple's help to access data from the gunman's phones. in the past, apple resisted efforts, citing privacy concerns
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but the company tells fox it is cooperating. barr says that's not the case, he's urging apa pel apple to coe with law enforcement. cheryl: a new report says indonesia's lion air considered putting their max pilots through simulator training but according to sources boeing said it wasn't necessary. a year later, the lion air max was one of two planes that crashed. boeing's new ceo did send out a list of goals in the first day, it includes returning the 737 max back to service, working with regulators and rebuilding trust in that company. lauren: it's going to take a some time. there are fewer of them, but democrats do take the stage tonight for the first debate of 2020. cheryl: things could get a little tense. tracee carrasco's got that story. good morning, tracee. tracee: the stage has gotten smaller, six candidates will go head to head in des moines,
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iowa. miss tonighmissing tonight willr cory booker who dropped out of the yesterday. race yesterday. president trump will be holding a dueling rally tonight in wisconsin. he won the state by fewer than 23,000 votes in 2016. russian military agents have successfully hacked the ukrainian gas company at the center of the impeachment scandal. that's according to a u.s. cyber security company. it says the spies launched a phishing campaign in november, stealing log-in information for employees of barisma holding. hunter biden previously served on the company's board. visa is buying a silicon valley start up. it is the financial technology powering venmo and other banking apps. the card company says this will expand access to fin-tech firms
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while accelerating its movement outside of cards. finally, only one tiger to win, the lsu tigers defeating the clemson tigers, 42-25 last night, making them the new college football national champions. it capped off the team's undefeated season. in attendance, president trump and first lady melania both greeted with cheer as they walked onto the field. this scene is causing controversy. some on the left took to social media to express outrage, while others called for vaughn to be canceled. cheryl: no matter the controversy, you know what, clemson was a tough team to beat, so congrats to lsu. lauren: both teams were undefeated going in. cheryl: clemson had more championships under their belt. not that i watched.
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i watched. lauren: we have mixed performance right now, dow up 5 points as jp morgan and citigroup will report later today, coming off of record highs, the s&p and nasdaq down slightly this morning. coming up, washington's token millennial, alexandria ocasio-cortez says the stock market's soaring under president trump is meaningless. but is it. why americans and millennials in particular should be invested. imagine this, americans souring on wine. >> i am not drinking any merlot. lauren: maybe it's the merlot, maybe not, why wine consumption is down for the first time in decades. cheryl: i don't believe that. lauren: it's not down in my house. ♪ and when you open a new brokerage account, your cash is automatically invested at a great rate.
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♪ ♪ everything your trip needs for everyone you love. expedia. lauren: more records on wall street as the u.s. and china prepare to sign the phase one trade deal tomorrow. let's get investor reaction right now. rebecca walther is a wealth management ceo. good morning, rebecca. >> good morning. lauren: does this lift corporate confidence and perhaps corporate spending or is this already baked into the market? >> it's certainly been baked in somewhat. we've been expecting it. i still expect when the ink is dry that we will see some
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emotional investor reaction that, yeah, it's actually done, especially since we know they walked away when they were supposed to sign the last time in may. lauren: robert lighthizer holding up the written document yesterday. edward lawrence is reporting that ip protections are addressed by this deal, which many thought wouldn't be the case, that this would be the low-hanging fruit, the phase one, if you will, and we would get to more significant issues later down the road. what do you think? >> i think that was the big shock that they expected every-- that was the wow, the surprise factor. we didn't think ip would be addressed. i want to take some time today and review the actual provision of how it's being addressed and what ten forcement mechanisms -- what the enforcement mechanisms are. i think it's a great sign that phase one -- this is not a nothing burger. this is something. this has never happened before. this is the president that had the wherewithal to do it and it took tariffs to get it done.
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lauren: jp morgan and citigroup will report their earnings for the fourth quarter later this morning. overall fourth quarter earnings are expected to slip about 2% per fact set. but with this not a nothing burger, as you say, rebecca, what is the trade deal -- what does the trade deal do to corporate confidence and perhaps lifting corporate earnings expectations for the full year of 2020? >> i think it just gives us a lot more runway, in my opinion. the banks are going to be mixed because we had lower rates, three rate cuts last year, really, crimps on their profitability for lending as we know. also for jp morgan and wells, they have big mortgage arms, it's going to be a mixed bag. we expect year over year growth but we expect downside from the third quarter. the china deal is going to give us more runway to get more corporate confidence and maybe some r&d coming back and so we're really excited that this is going to happen this week.
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that's great news. lauren: one more for you, rebecca. alexandria ocasio-cortez tweeting this, the dow soars, wages don't. inequality in a nutshell. what do you make of the fact that only some people are invested in the stock market and it's not open for everybody and, you know, there's inequality out there, a democratic talking point. >> there's always inequality in any kind of system. it's called access by the rich. the truth is, in this case if the economy wasn't doing well, this isal al is all they'd be tg about. if it's doing well, it's not important, they don't need to discuss it. if it wasn't doing well, a lot of people wouldn't have jobs, wouldn't have the wage growth that we have had. we've had the highest wage growth at the lowest end of the spectrum on employment for 10 years plus. so this is another misperception of what's really happening. lauren: we're going to have more on this with a millennial
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panel in just a bit. rebecca, thank you for joining us this morning. cheryl: coming up next, streaming its way to hollywood history, netflix picking up the most oscar nominations of any studio, content provider, what's the big word. will the billion dollar bet on original content pay off and what does it mean for the future of movie h theaters. houston, we have a problem, the astros lost the world series last year. now they have a bigger loss they're dealing with. the details on the major league baseball scandal that has rocked the country, that's when "fbn: a.m." continues. ♪ so scandlous i can save you... ...lots of money with liberty mutual. we customize your car insurance so you only pay for what you need!
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year for earning 24 oscar nominations, leaving some to question the future of the actual movie theater. cheryl: let's bring in brett larson. netflix had a great day for oscar nominations. >> 24 oscar nominations in total for netflix, for the marriage story and the irishman and the two popes, that was the other one that dragged in some pretty good stuff. they led the pack and they're not a movie-maker, they're a streaming platform. listen, there was concern going into the oscar year that would netflix be able to submit these movies because the oscars you have to be in a movie theater, we were talking about this yesterday, and a netflix put them in a movie theater. after the oscars are announced, all the oscar nominated movies come back to the theater to give people the opportunity to see them again. a mc and regal sin thats say
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they're not going to show the netflix nominated movies. so a little bit of a snub to the netflix there. cheryl: it makes sense, though. also too, like they spent, what $15 billion on content. >> billions of dollars. the irishman alones was several million dollars to make because of special effects. lauren: netflix decided of to put the movies for a little bit of time in the movie theaters, one was just a week. >> the two popes was special screening in new york. if that's the rules the academy lays out, netflix -- why not. we're just coming back from ces where we saw massive televisions and better sound systems, i think movie theaters have to figure out how to make it more of an experience, less of a going to see a movie.
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maybe it's time to focus on we're going to serve good food and have drinks and make it a whole thing for the family to come and watch it, as opposed to get in your seat, the floor is probably sticky and it's annoying to listen to people eat popcorn and it's $50 a ticket. netflix a big screen tv for 12 to $15 a month, the whole family can gather around and watch the movie. cheryl: the theaters where you can stretch out and it's a lounge chair, it's a good time. >> the only problem is, you might fall asleep if the movie's not interesting. lauren: you can catch brett on fox newsed headlines 24/7, sirius xm channel 115. cheryl: we're wide awake this morning. the mexit drama continues to unfold. prince harry and duchess meghan got the queen's consent to live part-time in canada. the decision coming out of a royal crisis summit over the couple's decision to step back
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are from royal duties. according to the daily mail, harry arrived two hours early to meet with her majesty in private. canada has yet to decide whether they're going to pay for the duke and duchess' security which could cost over $1 million a year. lauren: a cheating scandal rocking major league baseball. cheryl: matt napolitano has got all the juicy details. matt, good morning. >> reporter: good morning, lauren and cheryl. it bee hyped for weeks that majr league baseball would hold the hammer down on the houston astros over the use of signal stealing. a camera system caught opponent's signals. they suspended the manager for one year in connection with the scandal. for the astros, the punishment wasn't enough. they fired both the manager and
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gm, wanting to start clean. both men issued statements following the dismissal, apologizing but noting they were not directly responsible for what happened. it simply occurred over their watch. alex cora is implicated as somewhat of an orang orange orce relay system. the as troughs assessed -- astros ayo assessed $5 million e and have to for fit their first and second round picks. there's no active push to have the astros veigh ca vacate the championship. they will r argue over the level of who was involved. mlb did not fine or punish any at leads. lauren: from avocado toast to instagram worthy vacations, millennials ared spending money but are they putting it where it
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counts? >> have you invested in the stock market at all? >> no. >> should we, yes? have we? no. lauren: we're taking a look at where millennial money is going and why saving for the future may not be on their mind. the 2020 race is getting heated, will the gloves finally come off between bernie sanders and elizabeth warren. keep it here. ♪ knowing we're prepared for the future. surprise! we renovated the guest room, so you can live with us. i'm good at my condo well planned, well invested, well protected. voya. be confident to and through retirement.
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here is your morning cheat sheet, the top ted lines to get you through the day. the u.s. and china preparing to sign phase one of the trade deal tomorrow. fox business learned there is an entire section with protecting intellectual property. iran says it arrested suspects accused of shooting down the ukrainein airliner as protests wage for day number four.
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boeing facing more backlash, saying that lion air wanted them to train people on simulators and boeing said it wasn't necessary. cheryl: are millennials spending where it counts? we sent mike gunzelman to the streets of new york city to find out. >> do you guys invest or know anything about the stock market at all? >> no. >> have you invested in the stock market at all? >> i did, a little bit, yeah. my friend helped me do it. but i have no idea what happened. >> i have, yes. >> really? okay. >> no, no. >> should we? yes. do we? no. >> because why? because we're millennials. >> exactly. >> do you know what stock stocr what you've been paying attention to. >> just things i buy, just
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clorox stuff like that. >> do your friends care about the stock market? >> no. >> do you know if you have retirement? >> yes. >> do you have 401-ks or anything? >> no, not yet, not until the loans are paid off. >> you mentioned you've been investing in the stock market, 401-k, all that, do you also have student loans? >> i do. it sucks. >> yes, for sure. >> do you know what the nasdaq is? >> absolutely not. >> do you care about the stock market? >> not really. >> no, not at all. cheryl: so what do millennials think of the stock market and why don't the younger generations invest? let's bring in avery schumacher and allie bullock. it's great to have you on the show. >> great to be here. cheryl: so many questions about your generation that we're learning about. grant, to you, why do you think
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that only about 49% of millennials invest in the stock market because that's where they were last year and the stock market had a record run and they kind of missed it. >> i think a lot of people think investing is gambling and so they think you put your money in and all your money can one daddies appear. and certain -- one day can disappear. that can happen, but the stock market would have to go to zero for you to lose your money in a lot of cases if you're in a diversified portfolio. a lot of it ise is education. people think investing is more complicated than it is. cheryl: do you think that maybe a you watched or your generation watched their parents maybe lose homes or lose l value in the stock market during the great -- the financial crisis, 2008, did that happen among your friends? >> yeah, i mean, i think some of us saw our parents struggle with that in some ways. but i think also for us right now it's just about like we're not willing to take the risk and we don't have enough money to, like, pay rent and eat a live in
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lifestyle in new york. i live in new york so it's pretty expensive so not having -- putting money in stocks is not ideal right now and i don't know anything about it, so -- cheryl: you haven't studied it yet is what you're saying. >> exactly. i don't know enough about it to invest and what you said, it seems like a big risk, which- cheryl: what do you say, what do you hear amongst t your friends when they talk about the stock market. >> a lot of us don't know surprisingly a lot about it. i definitely at one point want to invest but right now, like avery said, we're paying rent, we have other expenses and it's just not something that i can do at the moment. i definitely want to and i planned on it. but it's definitely hard. cheryl: it's different because i think millennials spend their money differently than what i was your age. i bought a house when i was 22 years old. my parents were on me about it. this generation, they're more concerned with social responsibility, buying products from companies they care about, but also going to starbucks and
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a spending 4 bucks on coffee. where's the difference there? >> i think it's important to distinguish between short-term and long-term investing and so when you're investing for the next 30, 40 years, you should be able to take a little bit more risk with your money and that's the thing, a lot of millennials, there's this fomo at attitude of i'm going to miss out on what my friends are doing so we tend to spend our money today on experiences, and that's fine. and i don't advocate you save all of your money, just even 5% over the next 20, 30 years, that's what's going to give you more freedom and more optionses in your life. i think that's what millennials, more than retirement that they're interested in, it's freedom, being able to move to a different job or different city because you have the financial flexibility. cheryl: for older viewers, fomo is fear of missing out, if nobody knows what that means. avery, you mentioned the student loan issue. it is a crisis. student loans seem to be really weighing on your generation.
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how bad is it? >> definitely. i don't necessarily -- i'm lucky enough not to have a lot of issues with that. i know it's hard on so many people and they need to pay off loans and pay for living expenses and they're still getting help from their parents. i know so many people that are getting help from their parents. so it's hard. cheryl: and again, back to the parents, which would be frankly my generation, guys. did your parents talk about money growing up, did they talk to your friends? was that ever discussed? even in high school? >> yeah, definitely. i think we all grew up being very aware of how we're spending and especially in college, things were different. our parents were helping us which was nice. but now that we're in a big city and we have our rent to pay and everyday expenses, my parents are definitely not helping me as much now. it's been a reality check. cheryl: so it's tough. what we're hearing from you guys, your generation, you're obviously struggling, you're young, just starting your careers so it's difficult for
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you to get into the stock market. so maybe some day. can we leave it with some day. >> definitely some day. cheryl: it really is a good way to increase the value in your life. i'm just going to leave you with that lesson. guys, thank you so much for being here. it was -- >> thank you so much for having us. cheryl: make sure to tune in, next wednesday, 2:00 p.m. eastern time there's going to be a special fox business town hall, charles payne, stuart varney, neil cavuto, liz claman will tackle everything from topics like we're talking about, to socialism versus capitalism, home ownership, the war on the rich. if you want to be a part of it, head over to fox business.com and sign up. lauren: up next, nancy pelosi will finally lay the groundwork today for a senate impeachment trial. will she finally put the ball in the republicans' court. as jury selection continues in the harvey weinstein trial, you'll never guess who may be helping to decide his fate. keep it here on "fbn: a.m.."
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lauren: ahead of tonight's debate is the peace pact broken between progressive senators bernie sanders and elizabeth warren? warren claims during a december 2018 meeting sanders said he didn't think a woman could be president. the comment was reportedly made before either of them launched their bids for president of the
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united states. sanders has accused elizabeth warren of lying. in fact, a clip was posted on twitter from 1988 showing that sanders said a woman could be elected. everybody is talking about this story because we had amazing reaction from two senators that vowed they wouldn't attack one another. joining us now for reaction, pennsylvanias congressman dan muser making his way to the cameras, a member of the house budget committee. do we have dan muser? okay. we'll be back with that in just a second. cheryl: when he gets to the camera, we're going to talk to him. it's going to be interesting tonight, what happens between bernie sanders and elizabeth warren. i mean -- lauren: are the gloves going to come off? cheryl: especially if it's true that he said to her in december of 2018, he didn't think a woman could win. ouch. i would be a little offended too in if i was her.
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lauren: it looks like the pact is broken. cheryl: we'll get the congressman back in front of a camera in a few moments. we want to look at futures, as we get ready to sign the trade deal with the chinese tomorrow, kind of a flat market but that's okay. we've had a lot of winning days. dow up 7, nasdaq down 4 and a quarter. coming up, whether it is for a whim or for a weekend, winter republican l tall l tall -- rens can mean big bucks for landlords. we break down the best towns to invest in a winter weather property. that's a lot of white. is there cheating happening in the chicken wars? mcdonald's latest effort to measure up to its competition, we've got details coming up on "fbn: a.m." ♪ sic ce veteran made of doing what's right, not what's easy. so when a hailstorm hit, usaa reached out
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lauren: the first democratic debate of 2020 is tonight. we bring in pennsylvania congressman and member of the house budget committee, congressman dan muser. thanks for joining us today. what do you expect to see tonight from democrats? >> what we expect to see tonight is they're going to be meeting in the democrat caucus this morning, the plan is to present the articles of apple impeachmed to vote on managers and you accordingly we expect them to be within the senate by thursday and then the next show begins. lauren: the impeachment trial could begin at the end of this week, congressman? >> very unlikely. it sounds as if it's going to begin the day after martin luther king day next tuesday so they can get things in order and prepare their managers' opening arguments but it looks as if it's finally going to move along. nancy pelosi took a long time in
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providing them. many are suspect as to what the reasons are. some think it's a great way of keeping a few of the senators that are running in 2020 in the senate, basically sequestered for a long time period. i think maybe she needed to move them out of the house because america was getting real tired of watching adam schiff and jerry nadler, she needed to move it along. lauren: let's hear mitch mcconnell on exactly that. >> speaker pelosi signals she may finally wind down her one woman blockade of a fair and timely impeachment trial. it's certainly been revealing to see house democrats first claim that impeachment was so urgent, so urgent, that they could not even wait to fill out the factual record and then subsequently delay it for weeks. lauren: you know, congressman, a poll shows 66% want to see someone like john bolton, the former nsa director, testify.
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has the tides turned on witnesses, because of nancy pelosi's hold-up? >> well, sure. you know, nancy pelosi dictating to mcconnell -- imagine if it was reversed. imagine if mcconnell at the beginning of all this said to nancy pelosi, a hey, i'm not going to accept the articles of impeachment unless you do things in this way. nancy pelosi withholding this from mitch mcconnell is similar to me saying to my son, you can't clean the garage until you clean your room. i mean, there's h really no leverage there. holding them up certainly did not serve them well. now it is in the senate. the idea of witnesses -- this thing has been tried for the last three years. the senate will vote, 51 vote will allow witnesses to go in which will take place next week, if they decide to bring witnesses in, mitch mcconnell as majority leader is in charge of how the procedures and process will go. he says it will be very similar
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to how the clinton impeachment went. so we can expect a lot of fairness coming out of the republican senate. lauren: yes or no, you don't expect the senate just to dismiss this? >> you know what? it's 50/50, 51 to 49, literally. we will see. they're going to hear opening arguments. based upon those opening a arguments, if there's anything new -- the house has brought the evidence. they brought their case. they brought a very weak and lousy case to the senate and that's their biggest fear. had they want this thing re-tried. they want the case to be re-opened and re-investigated. that's like a jury saying to the police, go back and get some more evidence so we can have a trial that we have more information. lauren: and here we are. congressman, thank you so much for the time, especially so bright and early. we appreciate it. >> my pleasure. cheryl: well, the housing market is full of options at every price level. a new study analyzing real estate he key words is shedding
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light on the features people are looking for in their next home. let's bring in america's agent, brian lewis. good morning. >> good morning, how are you? cheryl: i'm good. you always look for these words, right, spatious, the biggest word we see is hardwood floors. >> hardwood floors, consistent at every price point. i found it very surprising. here's the thing. we paint the picture with our words. now, i happen to use a lot of video, so you can see all my stuff online. but the most important thing to do is to cast a broad net and to get in the head of your buyers. know who you're likely to attract at a certain price point and know what they want and maybe know a little bit about what they're afraid of. cheryl: looks like they're not afraid when it comes to dual sinks, covered patio. >> that's right. who doesn't love all that. but let's say 250,000 and below,
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really having a new roof, having new gutters, having a brand-new paint job, those are priorities because the fact is, at that price point changing something up like that might be devastating economically. as you climb the economic tier in luxury, you get higher and higher, between one and five you might start seeing different attributes like the view is more important, the open kitchen plan, et cetera. you get 5 million and above, wouldn't that be a great listing, you're going to really brag about all of the things that you think the wealthy want to hear about. cheryl: there's one other thing that people really want and that's to buy a winter vacation home. and we got this analysis which looked at the best places and lovelo, vermont, veer monday ve, killington, montana, monday tan colorado. -- monday taken nark montana, c. >> they're look at the cap
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rate. any investor wants to know how much money can i make after all the expenses come in versus what i paid for it. it's interesting to find that two of the top five are here on the east coast. maybe that's because the entry level price is a little more agreeable, so that median entry price is going to get you a bigger rental and maybe you have fewer expenses. but let's not forget, it's not just the winter these folks are looking for. in the summer you've got zip lining and hiking. you've got all kinds of fun that can happen. cheryl: i love it. brian lewis, america's agent. thank you for being here as always. >> always a pleasure. thank you very much. lauren: despite a max exodus of residents, new jersey is looking to tax residents even more. cheryl: tracee carrasco has that forly. traceefor more.tracee: this ist attempt to pass the tax for the governor who met opposition in the state legislature last year when they threatened to shut down the state to defeat it.
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new jersey has more leaving the state by percentage than any other state and nearly half of those leaving had incomes over $150,000. well, from the runway to the jury box, model gigi hadeed has been called as a potential juror in the harry weinstein trial in new york. she appeared before the judge on monday, telling him she believes she can be fair and impartial in the case and admitted she met weinstein in 2017 before theal lee gatheallegations came to li. she told the media she cannot talk about the proceedings. mcb domcdonald's looking to adda controversy ingredient to its chicken as it looks to compete in the chicken wars. they are assessing a new fried chicken that includes the additive msg. this is a turn for the company who over the years has attempted
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to clean up the ingredients list. chick-fil-a and popeye's already using the ingredient. mcdonald's is testing the sandwich in knoxville and houston with positive feedback so far. cheryl: tracee carrasco, thank you. lauren: coming up, americans passing on a second glass. the troubling trend in the wine industry. a new workout for the new year, the strange new exercise to get your heart pumping. you're watching "fbn: a.m.." ♪ and when you open a new brokerage account, your cash is automatically invested at a great rate. that's why fidelity leads the industry in value while our competition continues to talk. ♪ talk, talk
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♪ ♪ cheryl: red, red wine or less, less wine. lauren: mike gunzelman is here with more on that. >> this is never good, numbers came out from alcohol database, for the first time in 2 years americans drank less wine last year and, of course, who are we blaming because of this? lauren: millennials. >> because we ruin everything. millennials are going for low- calories drinks. you combine that with the fact that baby boomers are drinking less wine because of income but health concerns, they are combining both of those and for the first time 2 years ago less wine consumed by americans.
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cheryl: all the weight-gain stuff, speaking of, what's the new exercise friend that you've got. >> forget going to the gym if you want to lose weight, how about going to movie theaters. now, they said in order to do, don't watch at home because you can be distracted on your cell phone, inside the actual theater they hooked up sensors and they said it was same as light workout. lauren: thriller or scary movie. >> horror, movie. lauren: thank you so much, good to see you. cheryl: thanks for watching fbn:am, we send it over to maria bartiromo, mornings with maria start right now. maria: hey, there ladies, live
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from san francisco, live from jpmorgan conference, well-attended investor conference of them all attracting thousands of investors, ceo's and leaders, tuesday january 14th, top stories before 6:00 a.m. on the east coast, my exclusive conversation coming up with jpmorgan ceo jamie dimon, we will get the perspective of the largest bank's ceo. we are waiting on jpmorgan to kick things off later this hour, we will hear from wells fargo and citigroup. full coverage coming up. check out futures going into numbers right now, we are looking at the markets trading down this morning, dow futures down about 14 points this morning, the others also looking at fractional moves, the countdown to signing of phase 1 trade deal with u.s. and china is on, chinese delegation to washington, the u.s. has removed china's currency manipulator
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label, ahead of all of that, mornings with with maria begins right now. ♪ ♪ maria: all right, big show, joining the conversation from new york, fox business dagen mcdowell and fox news contributor liz peek, great to see you, ladies, good morning. >> good morning. [laughter] maria: we have a lot to talk about this morning, it's going to be a busy week, our top story is phase 1 china trade deal, representatives arrived for tomorrow's signing of phase 1 trade deal, addresses issues like ip theft, intellectual theft has been going on decades, agricultural exports and currency devaluation, here at san francisco in
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