tv FBN AM FOX Business January 17, 2020 5:00am-6:00am EST
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guests tomorrow. what will i talk to the pastor about? maybe the right to pray. like me on facebook, follow me on instatatatata lauren: it is 5:00 a.m. here are your top stories at this hour. a big week for president trump with two major trade wins. what they mean for americans and for the president's 2020 re-election bid. >> the senate officially opens the impeachment trial, something the country has only seen twice before in its history. republicans say they're ready for a showdown. will witnesses take the stand? lauren: ad kidney and a romance, these are some of the things that americans say they would live yo give up for tickee super bowl. what are you willing to part with? it is friday, january 17th and "fbn: a.m." starts right now. ♪
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♪ i'm on the edge of glory. ♪ and i'm hanging on a moment of truth. ♪ i'm on the edge of glory. ♪ and i'm hanging on a moment with you. ♪ i'll on the edge. ♪ the edge. lauren: happy friday. welcome to "fbn: a.m.." i'm lauren simonetti. tracee: i'm tracee carrasco, in for cheryl casone. lauren: it feels like a tri. tracee:.tracee:a friday.tracee:. lauren: we have all three major averages up significantly, a quarter percent a across the board, i'll all three major averages did close at record highs yesterday and are up at least one and-a-half percent on the week. tracee: let's take a look at how things are moving in asia right now. asian shares rising as data did come out showing that china's economy grew as expected, that was 6.1%. lauren: and investors in europe responding to two major trade
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deals with china and mexico and canada yesterday, so green on the board here. the big outperformer is the cac in france, up 1% today. we start with a fox business alert and that is just moments ago iran's supreme leader praising the mis aisle missile n troops in iraq. tracee: aishah hasnie has the new developments breaking overnight. aishah. >> reporter: good morning, lauren and tracee. the 11 service members we're told were flown out of iraq to be treated for concussion related symptoms and we're told that they are still being looked over right now. now, a spokesman for u.s. central command said as a standard procedure, all personnel in the vicinity of a blast are screened for traumatic brain injury and if deemed appropriate they are transported to a higher level of care. now, this comes a week after president trump and the pentagon
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said no americans were killed in iran's ballistic missile attack on two iraqi bases on january 8th. iran launched multiple rockets in retaliation for a general. it knocked over concrete barriers and destroyed facilities that housed dozens of soldiers. about 1500 american and coalition forces are stationed there but they had advanced warning and the rockets landed in areas where there were no american troops. now, central command alluded that the concussion symptoms did not appear to start showing for several days, until a after the you attackattack and that's whet service members were taken to germany and three service members to kuwait. the 11 service members will return to iraq to report for duty as soon as they are deemed fit for that that. back to you.
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tracee: thank you very much. another big win for president trump's trade agenda as the senate passes usmca. lauren: a huge week for the president. blake berman has the latest from washington. blake, good morning. >> reporter: president trump getting his signature bipartisan legislation passed on thursday as the usmca received 89 votes in the senate. now that trade deal only awaits the president's signature and rat phratification in canada. the vote came moments before the senate formalized the impeachment trial of president trump. the first in 21 years, and just the third for a sitting president in u.s. history. the president l lamented that te trade deal isn't generating the headlines he believes it he deserves. >> today we just had passed the usmca. it's going to take the place of nafta which was a terrible deal and the usmca will probably be second to this witch hunt hoax, which hopefully everyone knows is not going anywhere. there was nothing done wrong of. this was a perfect phone call.
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>> reporter: the government accountability office potentially gave an assist to democrats on thursday as it released a report saying the trump administration did not adhere to the law last year when it delayed military aid to ukraine, which is at the center of the impeachment effort. here is the top democrat in the senate, chuck schumer. >> in the coming days, each of us, every one of us, democrat and republican, will face a choice about whether to begin this trial in the search of truth or in service of the president's desire to cover it up. >> reporter: the cheese justice of the -- the chief justice of the supreme court swore in the senators on thursday. the trial doesn't begin until tuesday. tuesday also happens to be the same day that the president plans on going to davos, switzerland for the world economic forum. lauren: it's so split-screen. the president doing one thing for the country and the impeachment on the other.
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president trump will have as you mentioned, blake, quite a full ajen a da in davos. the white house says he wants to focus on a range of issues, the stock market, the global economy, and whether members of nato are meeting their obligations when it comes to defense spending. tracee: another round of tax cuts could be on the way. the white house is putting together an election year stimulus plan to boost the economy. fox business has learned white house economic add advisor lary kudlow is working with members of congress on a tax cut package that could include an increase in the earned income tax credit, a cut in corporate and individual tax rates and lower payroll taxes. sources say the proposal could be submitted to congress next month as part of the white house budget even though it may face opposition. lauren: california is looking at a tax hike, weighing taxing large companies with highly paid ceos. the size of the tax increase would depend on how much more a
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ceo makes compared to the company's workers. state officials estimate the new tax could bring in more than $4 billion and that money could be used to offset the cost of providing public assistance to california's low paid workers. tracee: sticking with california, california may be hiking taxes for companies, but it's looking to cut traffic fines for low income drivers. the latest state budget proposal would cut the fines in half. the reduced fines would you a ply to those at 135% of the poverty line or a family of four who makes roughly $27,000 a year. california currently has more than $1.8 billion in traffic fines, and issued more than $3.6 million in citations last year alone. a recent study says the high fines deter people from paying them. lauren: there's a lot of traffic in california. tracee: there sure is. lauren: let's take a look at some of the other headlines this friday. gap is scrapping plans to spin
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off old navy into its own company. the cost led of to the decision. the announcement comes at a tough time in retail. macy's is closing stores and jc penney and kohl's are revealing disappointing sales numbers. the department of homeland security is asking the pentagon for more funds to build another 270 miles of the wall on the southern border as part of a counter drug effort. officials are saying there have yet to be any discussions on funding but the pentagon will do a two week assessment to see if the request meets legal requirements and if it's feasible. officials do expect to complete four to 500 miles of border wall by the end of 2020. the champions of college football are headed to the white house today to meet with president trump. lsu coming off its first perfect season since 2007, the beat the clemson tigers earlier this week. president trump and the first lady were present at the game. this is the first time the president is hosting an ncaa
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champion since the columbia fencing team attempted to stage a protest during their meeting. do you remember that? tracee: i do not. lauren: demi lovato has been announced as the performer of the national anthem at this year's super bowl. she made her first public performance since her drug overdose last year. colin kaepernick is calling on supporters to help convince harry styles to back out of performing, he's using the hashtag harry back out. he is scheduled to headline the kick off concert before the big event. harry styles says he is looking forward to the gig. tracee: speaking of the super bowl, it is arguably the most coveted ticket in sports and football fans are willing to do just about anything to grab one. lauren: a new ticketmaster poll finds 35% of fans would quit drinking for a year to go to this year's big game. 14% say they would give up sex for a year.
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7% would go so far as to, ready, donate a kidney or leave their partner. okay. right now, super bowl tickets cost up to $37,000 on ticketmaster. lauren tracee: we are asking you, what would you be willing to give up for tickets to the super bowl. tell us on twitter or on facebook. we will reveal your best answers later in the hour. i'm going to think about this. lauren: i would give up nothing, actually. i don't care about going. let us know what you think. let's take a look at your money right now. green on the screen, we're looking at another trifecta of record highs, dow up 86, s&p up 8, nasdaq up 32. certainly a big week for president trump with two big trade wins under his belt. what it means for you at home and for the president's hopes in 2020. tracee: do you ever catch zs while you're on the clock? [alarm ringing]
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tracee: video that's designed to help you get your beauty rest at work. keep it here on "fbn: a.m." ♪ she works hard for the money. ♪ so hard for it, honey. ♪ she works hard for the money so you better treat her right. uhh, excuse me, is there a problem here? you're in a no parking zone. oh, i... i didn't know. you didn't see the sign? that... that wasn't there when i was here earlier. (whimper) really? you know, in italy, they let you park anywhere.
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universe, to compete with asia. all the things that president trump has been doing with china, the tariffs which have been working beautifully, have been able to shift the supply chain out of china and a lot of that's coming back to america. lauren: that was president trump's top trade advisor, peter navarro on the benefit of this week's trade wins. joel griffith is the heritage research fellow. he joins us now. good morning. happy friday to you. it's a happy friday because we've had several big wins for trade under this country's belt. do you see more jobs coming back to the u.s. as a result of china and usmca. >> i don't know about jobs coming back to the u.s. but i see more jobs in general and that's the goal. this is going to really give businesses a lot more certainity when it comes to investment. that means more things will be produced here, it means more innovation will occur here. that dozen happens jobs across -- does enhance jobs across a number of sectors. this is going to restore savings to american consumers.
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the tariffs we've seen the past two years, they've added 500 to $1,000 per family every year. these are needless costs. this is a needless tax on american consumers and thankfully most of these are going to be going by the wayside this coming year. lauren: they're still on though, that's one of the enforcement mechanisms. >> for the china agreement a number of the tariffs will be reduced but stay in place and the ones that were threatened for now will not be implemented. the tariffs in the china deal, that's to the tune of $60 billion per year. that is a substantial cost on consumers. lauren: speaking of usmca and this was interesting, there were 10 senators that voted against it and one of them was a republican, pat toomey of pennsylvania and that was his point. he said usmca is great for workers, not great for consumers because it might mean higher prices. would you respond to that? >> we need to look at the big
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picture here. there are concerns that the usmca, particularly with the labor provisions, environmental provisions that were put in place, that's an inappropriate tool using a trade agreement. however, overall, this is a big net improvement than what we are dealing with. in fact, in some ways it's improvement on nafta. there are more ip protections, also protections for the e-commerce industry so you can trade across borders. lauren: for the average american, what is the biggest change that they'll see or benefit they'll see because of usmca? >> the biggest benefit with this is really for business certainity. there are some modest improvements from nafta, from 20 years ago. the big improvement is businesses are going to have more certainity on investment that's highly important. the only way that we see a real increase in standard of living from population increase and technology and businesses, they're not -- if they don't have the certainity to invest and actually do the long-term planning, that impacts that productivity and impacts the
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standard of living for all of us. lauren: joel griffith, good to see you. thank you for joining us. tracee: up next, checking bags at the airport is about to get priceyer. how you can avoid the extra fees. lauren: and department store sales are down, but there's a good reason to head to the l mall this weekend. we'll tell you why when "fbn: a.m." returns. ♪ let's go to the mall. ♪ let's go to the mall. ♪ let's go to the mall or shorte, with zicam! zicam is completely different. unlike most other cold medicines, zicam is clinically proven to shorten colds. i am a zifan for zicam! oral or nasal. i need all the breaks, that i can get. at liberty butchumal- cut. liberty biberty- cut. we'll dub it. liberty mutual customizes your car insurance so you only pay for what you need. only pay for what you need. ♪ liberty. liberty. liberty. liberty. ♪
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around, to quote the song. brett flickinger is here this morning to talk about shopping. we're redeeming our gift cards tomorrow, national gift card redemption day. >> especially with $3 billion in gift cards not being redeemed, with the lsu tigers winning the national championship, a great day to buy lsu jerseys, or clemson tigers for their prior national championships, redeem the gift cards for the national champs. lauren: look at you, tying in the news. >> you led with it. i'm a fast follow rer. laurenfollower.lauren: when dok the sale when the gift card is redeemed, at the time you buy it or the time you redeem it. >> they only redeem it with the sale. there's states like new york state, if a gift card is unredeemed, the state takes the
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money instead of letting the retailers get it, so it's putting more pressure on profits for the retailers to pay the taxes for the shopping centers and shopping mall. tracee: that doesn't sound fair. department stores are still having a hard time. when i was out there shopping over the holiday season, i didn't feel like it was too crowded. i didn't feel like many people were there. are they all online? >> they're online. the u.s. department of commerce numbers, online is now bigger than the 11 biggest sectors in retail, bigger than food retail, bigger than department stores, bigger than everything. the only thing that's bigger than online is auto. so the shoppers have shifted and you're right, the stores are really empty because you have a whole generation of mbas and the male monarchy running retailers that don't have deference to the workers, to the
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shoppers, don't know the business. so frozen 2, there could be major theme events, and they don't merchandise to the popular themes because they're out of touch with consumers and they're out of touch with the store leaders and the store workers. lauren: there's a disconnect. when you do shop in the department stores, would you say the workers are friendly. tracee: i was going to get to that, the service. that might be one thing possibly keeping people away, what do you think? >> the service has down-shifted and a big part of that is lack of leadership from the ceos and executive committees and the boards that rarely go to the stores, the workers are overworked, their hours are cut, being asked to do too much and they are never able to give common sense feedback to improve the company's perform machines and the shopper's performance to the leaders because the leaders are like louis the 16th, monarchs and dictators, rather
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than democrats with small ds in terms of participating in management and leadership. lauren: the male bosses are rude is what i think you just said. >> male bosses, especially if they're mb as and have no to low store experience. they're really rude. when you have european holding companies, the dutch and belgians, they're even ruder. lauren: take a that o that on . everyone go shopping this weekend and smile. >> great report on the lsu story who became champions. tracee: i think we know who you're rooting for. all three major u.s. averages ended the day yesterday in record territory. will that streak continue? s&p up by 8 and three quarters, nasdaq up by 33 and three quarters.
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walmart making a big apoll you jaapologyafter joking about paus death. lauren: a heated debate across the aisle, should witnesses be allowed in the senate impeachment trial, we break it down with attorney david bruno, coming up on the other side. 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 doprevagen is the number oneild mempharmacist-recommendeding? memory support brand. you can find it in the vitamin aisle in stores everywhere. prevagen. healthier brain. better life. my age-related macular degenso today i made a plan with my doctor, which includes preservision... because he said a multi- vitamin alone may not be enough. and it's my vision, my morning walk, my sunday drive,
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lauren: fox business alert, the impeachment trial for president trump is officially underway on capitol hill. >> article one, abuse of power. article two, obstruction of congress. donald j trump has abused the powers of the presidency. tracee: griff jenkins joins us live from washington as the administration responds to claims it violated a budget law. >> reporter: as the chief justice swore in senators, the government accountability office releases an opinion striking at the heart of impeachment, writing, quote, office of management and budget violated
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the law when it withheld promptly $214 million a appropriated for security you existence to ukraine. but the white house called it a pretty clear overreach as they attempt to insert themselves into the media's controversy of the day. it's not the first time the gao found administrations in violation, this adding to drama as things goa get underway. this videthe president was asket partisens claims he knew about the alleged ukraine pressure campaign. >> i don't know him. i don't know him other than i guess i had pictures taken which i do with thousands of people, including people today that i didn't meet. but just met him. i don't know him at all. don't know what he's about. i can only tell you, this thing is a big hoax. >> reporter: democrats say leader mcconnell must call witnesses as republicans push
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back. >> in the coming days, each of us, every one of us, democrat and republican, will face a choice about whether to begin this trial in the search of truth or in service of the president's desire to cover it up. >> chuck schumer is not looking for the truth, he's trying to become the majority leader. >> reporter: briefs are due at 5:00 p.m. on saturday. a house rebuttal is due tuesday at noon and then opening statements begin on tuesday at 1:00 p.m. tracee, lauren. tracee: thank you very much. joining me now to break it all down is criminal defense attorney and former prosecutor, david bruno. good morning, david. >> good morning, tracee. tracee: what do you you expect from the hearing? >> the big day will be tuesday. looks like schumer will call for a vote on witnesses. what the democrats need, they need four republicans to vote
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yes on the ability to call witnesses. it's either going to be a very quick trial or if live witnesses are called, well, buckle up. the democrats want mulvaney and bolton and some others and the republicans want adam schiff, hunter biden, joe biden. that could go on for a long time if witnesses are called. tracee: do you think that's going to happen? do you expect those witnesss in. >> there's reporting on this and it's close. there are some that believe there are four republicans, some are saying there's three. it's going to come down to the wire. it's a tough vote for everybody on that day because the world is watching. tracee: i want to ask about the senators who are presidental candidates. can they be impartial, what do you sunshine. >> no, i mean -- what do you sunshine. >>think?>> no, i mean, no. look at the public statements made on this. the presidential candidates have
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bigger issues. they can't campaign. this is a heated democratic primary in iowa and the other states. they can't bring cell phones into the chamber, they can't talk and they're going to have to be there for every day of the trial, not campaigning. tracee: do they remove themselves? do you see that happening? >> from the hearing itself? absolutely not. this is one of the most important things in history. there are only 100 senses tosser that are part of this and they're one of 100. so i don't see them removing themselves from that. if anything, i would see them dropping out, like clop char for example. tracee: i want to ask about the colleged a missions scandal. you've been following this for us. lori loughlin and her husband going to be in court today. they have a new defense. they say they thought they were engaging in a practice of he dog which is something that is regularly accepted for college admissions candidates who donate
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money in hopes of getting noticed a little bit more. but there are e-mails coming out from her husband of course saying, well, that they knew they were kind of in on this scam. where does this go now? >> the e-mails is the new news. so we really don't get a lot of discovery until trial on these types of cases. we get initial affidavit of arrest and then sometimes there are motions filed and there was a motion filed by loughlin and they allege the governments was holding back exculpatory evidence. this is an e-mail from singer to the husband, asking for a picture with the daughter on the erg, that's a rogue machine, in workout clothes like a real at lead. lik-- like a real athlete.that'. the response from the husband is got it all, profile is being made as a -- she was not on the
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rowing team. we get the e-mails and thats was forwarded to lori loughlin. it's a little piece. we don't have everything in the case. but it is a tell. if they're making an argument that they thought this was a legitimate contribution, then that e-mail goes against it. asking for something like a real athlete and i got it, it's a problem for both lori and her husband. tracee: so much on this story. very fascinating. lauren, over to you. lauren: dr. michael bod pe bods casting new doubts on jeffrey epstein's suicide. he told kennedy last night that new clues point to murder. >> little ca capillaries that burst in the whites of the eyes when somebody is strangled, it's an indicator of possible strangulation. if it were typical hanging suicide, it would be unlikely to get little hemorrhages in the
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whites of the eyes. lauren: he said it was very unusual, especially in a prison situation, that epstein's cause of death was changed to hanging just five days after being deemed inconclusive. tracee: facebook's focus on another lawsuit for potential rivals to the company are suing to force mark zuckerberg to sell the majority stake in the company of. the companieses accused facebook of anti-competitive behavior. the wall street journal reports facebook is dropping a plan to sell ads in what's app. this marks a reversal from a controversial idea that forced the creators of the messaging service to resign. walmart is apologizing for joking about an actor's death. it started when someone posted about walmart selling strawberry cinnamon rolls. the user responded to the news with a video showing a car weaving through traffic. walmart tweeted back, hey, paul walker, click it or ticket.
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walker, known for his role in the fast and furious movies, he died in a car crash in 2013. walmart tells fox business it was posted in poor judgment. lauren: let's take a look at your money this morning. once again, are you getting sick of it, folks, because we have more record highs. the dow is up after two major trade deals this week, up 81, that will be a record. s&p up 8, that will be a record and the nasdaq up 34, ditto there. google's parent company joining the exclusive $1 trillion market cap clubnd a tesla's stock also surging. but will the good times last? tracee tracee: which democrat has the best chance to be president trump in 2020? can they win the nomination? plus, why we may see a blast from the past. you're watching "fbn: a.m." ♪
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lauren: tech stocks on fire as alphabet becomes the fourth u.s. company to reach a $1 trillion market cap. big tech is now worth over $5 trillion. have some of the tech stocks become too expensive? we ask that question to jim russo, the chief investment strategist at altrius capital management. has tech gotten ahead of itself? >> as yogi bea as yow give yogg,
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it's dadeja vu all over again. amazons of the world, netflixs of the world, are in the same space, it's one of the things where i think you cannot have to swing at this pitch, to use that, you can let the pitch go by and not have to purchase that company at these valuations. lauren: you're saying away from amazon, facebook, microsoft. >> all of the fang stocks i would avoid. we still own apple. i think apple is reaso reasonaby priced. we sold microsoft last year. at this point apple we're getting closer and closer -- it's been a wonderful company for us, obviously. lauren: how is it, then, thatat alphabet just became the third company to have and a hold a 1 trillion dollars market cap. a lot of folks are saying you
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saw the runup in the shares when the co-founder step aside and they're letting the ceo run things because he's probably more friendly to shareholders, you might see the first ever dividend, for instance. >> right. i think what you have is this proliferation of passive investing and etfs. so the big get bigger. you have the algorithms driving investors into the stocks. because they're the highest market cap, they they continue to get bigger. at some point, call me old fashioned, but what you pay for something matters and i think at this point you have to be really careful on some of these highly priced stocks. lauren: if you're not in it, how do you win it? if you look at the fang stocks, they're almost a fifth of the s&p 500. so many people are invested to follow the s&p 500. so if those stocks go up, it's almost like the rest of the market goes up, and vice versa. >> it's true. you're missing some of the gains if you're not in the stocks
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because they're driving the performance, the fang stocks are really pushing it. you can still participate in the nice rally we've had by owning plenty of other companies that are priced much cheaper right now. lauren: how do you feel about tesla and apple? we spoke about apple. tesla too, really expensive stock, in the 500s. certainly these are the most shorted companies and hedge funds are starting to say they look like they're going to tumble to. >> i would never short a cold stock, as much respect as i have for elon musk. i wouldn't own tesla at this l valuation. lauren: recession, wilbur ross told lou dobbs last night no recession is coming, not in the year 2021. would you agree? >> i agree. i don't think we have a recession in the near term. you never know, of course. the economic indicators are looking very good right now. lauren: you won't go against a cold stock, the big tech companies are too expensive and no recession, jim, we'll take. thanks for joining us.
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tracee: everyone has a favorite candidate but who is the betting candidate. according to a study, michael bloomberg stands the best chance of defeating president trump in the 2020 election. unfortunately for bloomberg, the same analysis only gives him a 10% chance of making it there with joe biden billed as the of most likely candidate to go toe to toe wit with president trump. steve bannon made his he predictions. >> they'll take bloomberg, they'll take his capital. he won't beat president trump but it will set up with capital -- hillary clinton i believe is going to come in to try to quote, unquote, save the democratic party and i think she will get warmed up in the bullpen and come in a brokered convention and be their nominee. tracee: hillary clinton has yet to announce any plans to run for office. here's a look at some other
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headlines making news this morning. minnesota house web sensitive ilhan omar is facing a challenger for her seat. shshe announced her candidacy saying she is tired omar dividing america and using identity politics. omar has issued apologies for statements. omar is facing challengers from both within her own party and from the gop. a company in california known for its crystal geyser bottled water pled guilty to illegally dump water that contained arsenic and agreed to pay $5 million fine. the waste water in question created during the filtration process and illegally dumped into a man made pond over a period of 15 years. a statement from the u.s. attorney general's office did state that the arsenic was never in the company's bottled water, just the waste water.
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and jetblue becoming the latest airline to raise baggage fees. the company announcing they are raising checked bag fees from $30 to $35 for the first bag and from 40 to $45 for the second. however, the company is not raising prices if you check your bag in advance, using their website. so it's a move to incentiveize early registration. the company says the change is meant to reduce airport transactions and improve the customer experience. a desk that george c ostanza would be proud of. one company is trying to convince workers to use a reclining desk at work. they say it will reduce circulation and minimize physical ailments and improve circulation and magnets are meant to keep things like the keyboard and mouse in space. some studies have shown substantial performance in cognitive performance. lauren, wake up. are you using the desk. lauren: i don't know. this is kind of comfortable,
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actually. tracee: does it work. lauren: maybe. we can use them at fox. up next, we discover the hidden gems in america. why one town in idaho is called the center of the universe. tracee: casualties of a sign stealing scandal rocking major league baseball, are more heads going to roll? keep it here on "fbn: a.m.." ♪ ♪ ♪ everything your trip needs, for everyone you love. expedia. for everyone you love. i am not for ignoring the first sign of a cold. i am for shortening my cold, with zicam! zicam is completely different. unlike most other cold medicines, zicam is clinically proven to shorten colds. i am a zifan for zicam! oral or nasal.
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boise, once called the center of the universe. let's bring in cav dave copelana local business owner. thanks for joining us. >> thank you. lauren: dave, how is wallace, idaho the center of the universe. please tell us that story. >> prove that we're not. it's like a lot of things wallace does, they got a report on high that their water was contaminated and they asked for proof and the epa couldn't provide any. they said we want clean water, you've done remediation, show us what you have here and the epa couldn't. so they said well, it could be there. the town said that is a ridiculous standard. we hired chemists and physicists and we can't see any traces here. we could make any kind of claim. for instance, we're the center of the universe. in fact, we'll say that. and so they did. and the epa said that's a
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ridiculous standard. they said that's exactly our point. they've been able to use that moniker to generate publicity. lauren: what a story. >> it's something they do here. they fight against outside forces that want them to conform or bow down and that's why the town exist here. lauren: rob, you were attracted to l wallace not too long ago, a skier and now a chef and you set up shop and you have a pretty decent business. >> yeah, we do. yeah, found wallace by accident and opened up a restaurant here and it snow-balled and now we have four existing businesses here in town and, yeah, it's a great community, great place, great place to have a family and a kid and proximity to outdoor recreation is unrivaled and access to a couple ski areas right here and really supportive
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community for a small business. >> it's typical of the kind of businesses that have been coming here lately. there are husband and wife teams who take a risk and are succeeded. we have several who have come here over the last four years and have made a home and improved our community. lauren: the governor, brad little, was on fox business recently and he let us know how and why idaho is the least regulated state in the entire country and does not having the red tape and having a very welcoming environment really help your businesses thrive? >> oh, a absolutely. i mean, we're getting ready to have another major company come into town, they're called tactical tailor and gray ghost precision, they purchased property in town and have really conformed to our historic preservation code. the city of wallace is on the national register of historic places which makes us a little bit unique. there is a strong effort for
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companies and government and a chambers to work together to find a workable solution to bring business here. lauren: dave, rob, thank you so much for coming on and sharing your town with us. we enjoyed having you for this segment. >> thank. tracee: i have a friend that just moved to idaho. i'll tell her to check out wallace. first it was the sign stealing scandal rocking major league baseball, now the astros have another cheating scandal on their hands. lauren: was the second baseman wearing yowearing buzzers unders shirt during the american league playoffs? we'll have that answer when "fbn: a.m." returns. ♪ at fidelity, online u.s. stocks and etfs are commission-free. 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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lauren: we want answers, mike gunzelman on the scandal that continues to grow. >> it's been a while. the week that was in major league baseball doesn't seem to go anywhere any time soon, 3 baseball managers have been essentially fired or mutually departed from their teams including a gm and then now we find out that josé from houston astros allegedly may have been
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using a buzzard underneath jersey to find out what the next pitch was going to be, the big question and the video in question, he's running home, you can see it there, yelling on teammates to not take off jersey and they are putting this together withover reports including from players, yeah, they've heard that some of the astros players were wearing buzzards, now, what would this do, if you know what pitch is coming next, 95-miles-per-hour fast ball or 70 per hour curve ball, you wait on the ball, the bottom line is it's cheating and using technology, you can't do that. it's becoming a big scandal, all over social media, it's going to be wild, people are losing their jobs over it and also those who gave up, well, you might now get demoted, you might lose your job, it's got a lot of major,
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i'm telling you it's a big story, big story. we lost to astros and they cheated. you can't do that. i'm mad. i'm mad. lauren: we asked what would viewers give up to see their favorite team in super bowl. >> hundred people for each of nfl's 32 teams, 35% would give up drinking alcohol for a year, 7% said that they would give up a kidney, 14% said they weren't getting it on anymore, they don't have sex anymore, we went to twitter and some people responded as well, some people wouldn't give up anything, they
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don't want to go to the super bowl, they kind of want to watch at home with their friends, et cetera. front seats, $32,000 for some of the best super bowl tickets. lauren: i know. >> i would stay home, 32 grand, i'd keep that. [laughter] lauren: thank you so much, that's it for us on fbn:am, tracee: we will send it to maria bartiromo. maria: happy friday, thanks for joining us, i'm maria bartiromo, it is friday, january 17th just before 6:00 a.m. on the east coast, futures pointing to another gain at the start of trading this morning, up 74 points on the dow futures, a new member of the trillion dollar valuation club, we will tell you which company that is, then new concerns this morning over china, the economy there growing at slowest rate in nearly 3 decades, we are taking a look at the effects of president trump's tariffs coming up, sworn in, the
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senate opening impeachment trial of president trump, we are looking at next steps as tensions rise in capitol hill, mornings with maria begins right now. ♪ ♪ maria: fox business dagen mcdowell and james freeman, great to see everybody this morning. >> great to be here. china needed a deal. maria: market keeps going up and up in the u.s., record-breaking stories once again, the market breaking through unchartered territory once again yesterday, the dow the s&p 500 ending trade ing day, up 1
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