cheryl? cheryl: it's going to be a long weekend there. max gorden, thank you for that live report from pacific palisades. we're going to have much more later on in the program on the california wildfires with million dollar listing los angeles star josh flag. stay tuned for that. >> well, markets still sharply down on the stronger than expected december jobs report. the dow dropping as much as 757 points at the lows of today's session. while treasury yields are spiking right now as we're seeing bonds sell off. those moves began earlier this morning. the 10-year yield jumping above 4.7%, its i highest level since november of 2023. a red flag for many as that yield pushes toward that 5% marker. wall street spooked by strong job gains which are likely going to delay fed rate cuts with the bet we're now only going to to see one rate cut, and it won't happen before june. the u.s. economy adding 256,000 jobs, well above the 160,000 estimate. the unemployment rate fell to 4.1%, that is below the exp

cheryl: good morning, i'm cheryl casone, in for maria bartiromo.ursday, january 2nd 7:00 a.m. on the east coast and the breaking news this morning

cheryl: good morning, i'm cheryl casone, in for maria bartiromo. it's thursday, january 2nd 7:00 a.m. on the east coast and the breaking news this morning at least 15 people are dead, at least 35 injured after police say a driver avoided barriers and intentionally plowed a pickup truck into a crowd on new orleans bourbon street just after 3:00 a.m. on new year's day. the suspect identified as 42-year-old shamsud-din jabbar, an army veteran born in texas. cops say he opened fire on police after the truck stopped and was killed in a shootout, police finding multiple pipe bombs, guns and isis flag on the back of the truck. the fbi is investigate the mass killing as an act of terrorism as they probe potential ties to tire record organization. they believe jabbar may not have acted alone. president biden speaking on the tragedy last night. watch. >> the fbi also reported to me that mere hours before the attack he posted videos on social media indicating that he was inspired by isis, expressed a desire to kill, a desire to kill. the isis flag was found i

cheryl: good morning, i'm cheryl casone, in for maria bartiromo. it is friday, december 3rd 7:00 a.m. on the east coast. time for the hot topic of the hour. lawmakers are voting today on the future of the house speakership when the 119th congress begins at noon eastern time. the current speaker mike johnson is facing some opposition to his re-election despite a resounding endorsement from president-elect trump. on monday, trump writing this on truth social, quote, the american people need immediate relief from the destructive policies of the last administration, speaker johnson is a good hard working religious man. he will do the right thing and we'll continue to win. mike has my complete he and total endorsement. some republicans remain undecided but he remains confident, making his case to larry kudlow last night. watch. >> we'll have maybe one no vote, i think. i think we get it done on the first round. i'm a maga conservative. i'm also someone who can get everyone in that broad array that we have in the house gop to work together and that's wha

cheryl: good morninger, i'm cheryl casone, i'm in for maria bartiromo. it is friday, january third, top stories, 6:00 a.m. eastern time. today we're getting new information about the suspects in new orleans' terror attack and the las vegas cyber truck explosion, the fbi now saying the driver of the truck who mowed down a new year's eve crowd acted alone. dhs says he was radicalized by isis. police identified the man who blew up the truck in front of the trump international hotel as they search for a motive. a p number of republicans remain on the fence about mike johnson's leadership. others say they're going to make their choice during today's vote. we've got everything you need to know. futures meanwhile in the second trading day of the year, we are in the green, dow up 62, nasdaq up 67, s&p up by 12 and-a-half. all three major indices falling in the first trading session of the new year, first day. rates this morning are pulling back. how investors are positioning themselves ahead of potential rate cuts this year as you can see a little bit of a boost

cheryl: good morning. i'm cheryl casone in for maria bartiromo. it is friday, january 3, 8:00 a.m. on the east coast, time for the hot topic of the hour, car rentel turo in spotlight after both cars used in new orleans terror attack and las vegas cybertruck explosion rented through the platform, "fox business" kelly saberi joins us live from chicago, with more kelly what more can you tell us about turo? >> good morning, officials at one point said that detail is quote a coincidence turo has been coined the airbnb of rental cars for views are may not know what it is people can rent cars you wouldn't find at traditional rental services like tesla cybertruck the process similar to the traditional services what vehicle you want you don't to see the car owner face-to-face to get keys, much like peer to peer for airbnb or vrbo not the first time car rent comaenz the seen platforms used to accomplish crimes like smuggle drugs across the border or robberies, so i spoke with former chief detectives for chicago police said platforms now anonymity can harbor crime the key to counterterrorism

bill: cheryl?ryl: we are expecting another major update from los angeles county officials top of the hour. we are going to take you there live. he family journey that led to you. ancestry can help you piece together the past with billions of records, photos, and more. memberships are on sale now. check in time is 3:00 it's 2:55. i know. is this what he's doing now? as your host, i have some rules. first, no showers longer than 5 minutes. this isn't a spa. no games. no fun. yes, coach. (♪) meanwhile, at a vrbo... when other vacation rentals make you share your turf with a host, try one you have all to yourself. hillsdale was founded in 1844. we're passing on a cultural heritage, the culture of the west. when the federal government started giving money to colleges, we didn't take it. that independence has allowed us to stay with our mission that we established 175 years ago. because we don't accept federal money. we are free to concentrate on the mission of the college. we care about freedom, and tha

cheryl: john?g back to that point as far as green energy is concerned most americans don't want to pay high cost of transition from fossil -- >> i don't think this is about. >> this is not about environment in new yorcity i think a bunch of bologna it is about mta bloated budget they can not control spending never met a check they did not wri in new york city. >> i disagree with you in part intended to help reduce carbon emissions no getting away from that put people on trains, we reduce driving in new york city, that is one of the goals of this type of program also the help fund mta, they lost a lot of money because of covid think i what we're finding in general in this country is simply no support for paying large sums ofmen to clean up. >>isagree, we are going to be right back you are watching "mornings with maria" live "fox business" stay with us. ♪ . cheryl: final thoughts from our all-star panel this morning. john lonski. >> well, my final thought would be that we're going to get real in 2025

cheryl, it's been great to be with you.ryl: bill melugin, thank you for your incredible work in los angeles. "fox news live" continues. anita:

casone has details. >> cheryl: an estimate from accuweather, looking at 57 billion.conomically devastating along with the loss of life. look back at the maui fires in 2023, estimated lost 14 to 16 billion, we are talking triple the cost of hawaii. couple of things. just palisades fire, 17,000 acres. think of the value of the real estate. n.f.l. has moved the game to glendale stadium. also, look at all the film production shut down. you are looking at potential job losses for hollywood, tourism, the things that go along with a thriving economy are lost here. insurance piece of this. new york times is reporting 100,000 californians have lost insurance coverage between 2019 and 2024. state farm dropped 70% of their consumer customer policies around santa monica mountains because of fire danger and years of fires that have affected the state. they can go to the fair plan, the state plan, that plan is now likely to be bankrupt and overrun. go back to the insurance companies to make up itthe financial different, that will raise prices on californians. >> todd: they will pa

another, i think cheryl said it was 30,000 -- maria: yeah are.how where the hiring was, guys. show that list again in terms of where the jobs was. government -- the jobs were. government was 33,000, steve. >> it's ridiculous. the government should be laying off people and stop hiring people. it makes no sense when you're running a $2 trillion deficit, to be hiring more and more people. i want trump to the put a complete freeze on hiring and get rid of people through attrition. we want private sector growth, not government growth. maria: well, that was the whole point that elon musk made as well, that if the government employees don't work five days a week, just put that rule in place and then they'll say, well, i don't want to work five days a week, i want to work if home and maybe i'll quit. great discussion. such a smart discussion, everybody, thank you very much. julia pollack, is stephanie pomboy, steve moore, jerry storch, john loan i sky and, of course, cheryl casone. we've got a market that is down, roping today after -- reopening today af

cheryl casone from fox business is here with details.ting in "wall street journal" with middle-class families, not celebrities, that had a lot of their wealth tied up in their home and that home is now gone, what do you do? >> it was our beautiful dream home, primary wealth. it was our retirement, equity, it was everything. if you are middle-class person in the 80s and you got your dream home in the palisades palisades, that ballooned to 3.5 or 3.7 million. insurance companies are saying, we'll give you 800,000 and cover your rent. what if you have mortgage. a lot of the homes are inherited, you can't afford the rebuilding process. we are hearing horror stories about permitting in california. jillian michaels was talking about the fact it took a year to get her pool cleaned up. we are seeing property sharks, that is what i call them, they go into maui and find desperate homeowner and say we'll give you x amount of dollars. then the governor of hawaii stepped in after that to stop the sales process and they put a bunchef of restrictive on

maria: beat to cheryl. cheryl: we do, so we do have a double beat a buck 34 earnings -- beat 19.58 billion, the street looking for 19.49 billion, a 20 billion dollar stock buyback announced by citigroup i think pretty extraordinarily also talking about credit loss provisions 22 -- this is a disconcerting, 20-billion-dollar share buyback are initiated by crypto group james fraser turn around, also, given guidance, in a presentation, actually this is coming out right now, that for 2025 giving us a range of revenue expectations 83.5 billion to 84.5 billion, so that is again a pretty strong number. also, they are saying that deals are surging at the bank they also booking profits on trading the same thing we've heard from goldman sachs, wells fargo, jpmorgan we are hearing from citigroup might be good for james fraser, talking about the fact that the investment banking fees really helped the company this is the third largest u.s. lender, in this nation we got three of four biggest banks today, going into this t

cheryl, i think it was you.u run back out, you grab that hose, then in the final seconds, trying to just hose down the house. jeffrey, to before you get in the car. as you rewatch this, can you match it with what you were thinking in those moments? >> i can't, it's it's a blur when when you are faced with terror like that, i think there's a lot of split decision making that has to happen. and at that point in time, it was just all engines firing. we know we knew we needed to prioritize getting the things that were most important and packing the car and getting out. um, i think i tried to spray the the house down and the wind was blowing so hard that the water was just going sideways. so i think at best it was just giving me peace of mind that i did whatever i could. i knew that when we were leaving, that i just wanted to get that, get that done. >> cheryl, some of this, i guess, when we were looking at this, you do see, right now we're looking at jeffrey with the with the hose, and then you see some of that wate

>> cheryl: i don't want to get in trouble with starbucks this morning, i like their coffee.ladelphia incident, they did not buy anything, they were there for a meeting, it was a big story. and the ceo at the time said open door policy, everybody welcome, kumbayah. they have had complaints from customers and employees about conditions in the store, bathroom use, homeless situation, unruly customers. to starbucks credit, they listened. here is what a spokesperson said. we want to send clear expectation about behavior and use of our space, bee can create a better environment for everyone. this is all north america stores, bans consumption of outside alcohol, vaping and panhandling. you cannot do those things in starbucks. they will train employees or call law enforcement if they get in trouble. those baristas work so hard. that's a tough job. >> carley: and starbucks became a hang out for homeless people. they were inclusive and everybody felt inclusive in new york city. >> todd: imagine doing this story 10 years ago, it would be crazy that you are not alouved to panhandle and

from one nightmare to another. >> cheryl: it is.nsurance, rental insurance becomes reality. most of us never lose our property and have to go through this. the people in california are waking up to this after losing their homes. we are now 2000 structures destroyed. there was a report in newsweek about state farm, largest insurance company in california. they have cancelled hundreds of policies this past summer in pacific palisades specifically according to newsweek and justified it to avoid financial failure. they cite frequency and severity of wildfires in the golden state. there is a lengthy opinion piece in bloomberg today on the website talking about california, the fires expose potential nationwide trillion dollar hole in u.s. home insurance. places like california, floridaed, more so in floridaed because of hurricanes. people are not renewing policies or don't have the proper insurance. they can't get fire insurance or choose not to. this leads to rates going up and states being on the hook, maybe federal government being on

cheryl: this is the it for me, ashley webster's in for stuart. ashley: good morning, cheryl. thank you very much. good morning, everybody. i am ashley webster in for stu varney if today. it's day two of the man hundt for more special suspect in the isis-linked terror attack in new orleans. police say a former army veteran used a truck to plow through new year's revelers before being killed if a shootout with police. right now 15 people are confirmed dead and at least 30 more injured. the chief of police says they are not looking for accomplices in the attack but, quote, persons of interest. we're continuing to follow that. we're also following that breaking news in las vegas as one person is dead after a tesla cyber truck stuffed with explosives blows up outside the trump international hotel. officials are now looking into whether the two incidents are connected as we are learning that both trucks involved were rented through the same car rental app. >>> now to the markets. yes, it's the start of a new year. futures are in the between to start off 2025. the dow up 261 points

steel. >> ashley: cheryl casone from fox business network, hi, cheryl. >> hey, guys, good morning to this will be very interesting because basically according to reports, president biden is going to block the nippon steel takeover offer at the u.s. steel. this is after recent ps you of ford and national security. but they raise concerns but they didn't come to a unanimous decision. $14 billion deal that has been on the works and became political hot button as you both know. look, it depends on a lot of things here. went to put this out to todd, the low year, my friend todd piro, the lawyer that basically you could see challenged in the court by nippon steel. they have been other offers for steel button upon came out the winner of the deal and it could be one issue. that here is what president-elect trump say koji he would make u.s. steel strong again through a series of tariffs we will make it strong again and it will happen fast and i will block this deal from happening so buyer beware. now the united steelworkers union just yesterday criticized nippon steel for reductions in produc

get to break news december adp number cheryl casone. cheryl: weaker, 122,000 this is lowest read seen on adp since august 2024 watch 10-year today because yields actually pared back a little bit, the labor market according to report, down shifted, more moderate pace of growth in december saying kind of a broad-based weakness when it comes to federal industries, this is we are getting claims today 8:30 because of tomorrow bump that report up to today 8:30, by the way, friday we get nonfarm number december jobs expectations 160,000, do 4.2% we shall see. maria: reason markets turned negative, after the fed december hawkish cut cheryl right there 4.7% that is why markets -- the yield on 10-year rising since fed did that hawkish cut, also. cheryl: i am looking at a couple things here but waller out with comments talking about more cuts for 2025 that is one fed official the minutes come out day at 2:00 day could be interesting as well, commentary. >> all right. the yield 4.7% dow industrials down 54, markets as you heard reacting to adp numb

cheryl: because numbers were not as hot as expected.ng in generally below expectations, for the street street looking for hot report not going to get it, month-over-month, .2%, month-over-month . %, the estimate.3, headline, year-over-year 3.3 expectation was 3.4, again, not getting that hot report they expected, flat is the core number month-over-month flat. and then 3.5% core year-over-year. the street looking for 3.8%, so it is really interesting here that just not getting the numbers we thought we were going to get, let me give you the government says in the report, are, the language, so, they are basically saying, again, big piece was final demand goods, file demand services unchianged changed gas then a piece .7% residential electric power motor vehicle fresh fruits melons on the rise, but fresh and dry vegetation down carbon steel, residual down earn certainly the fact you were saying guest saying a hot report not necessarily what they thought going to get this morning. >> when you strip out food, energy trade month-over-month, u

cheryl casone now looking at the economic impact of these fires, cheryl. >> right, maria.his is something that our own william longiness reported in the last hour and this will be likely the costliest wildfire we've ever seen and history gives us a sense of what this will mean. billions of dollars. take a look at some of the data from the insurance institute of america. the camp fire, 2018, that was a $10 billion loss. the tubs fire, 2017, 8.7 billion. the woolsey fire, 2.8 billion. there's a new regulation that california introduced last week. it's not into effect yet but it's about homeowners' insurance and renters insurance. a lot of these big companies, state farm and all state don't want to do coverage they in california anymore because of high fire prone areas. make it was $1,200 for an annual cost for a homeowner, now it's $5,000. a lot of the insurance companies don't want to offer wildfire coverage to homeowners, that's one thing. there's a political story that's under. dagenway right now.richard g grx that we're not talking about the fact that karen bass, the may

burning through los angeles county. >> carley: cheryl casone is here with more. >> cheryl: in particularfamous restaurants there have been destroyed and confirmed by owners on instagram. the real end, their owner saying with a heavy heart they have lost their restaurant. chillata thai has been destroyed. no word on ocean club. that is a beach property. as power out ablgages go, 300,000. one issue that we talk about and we don't know the answer yet is economic damage, this will be in billions of dollars, i can tell you that. look at historic fires, 2018 camp fire was 10 billion insurance loss. tubbs fire the 8.know 7 million. another issue is insurance story. of high-prone areas for fires in these regions, a lot of residents have not been able to get wildfire coverage, whether renters insurance or homeowners. just last week there was proposed new regulation that would force insurance companies to offer wildfire insurance to resi residents. there is a 30-day review period, no answers yet. a lot of folks may not be able to cover their loss. >> carley: to add insult to injury. >> todd: brian

cheryl casone with the details now. cheryl. >> that is right, maria.r the kenneth fire that broke out last week, a man was seen riding a bicycle through a neighborhood, shooting out flames from a flame thrower. good citizens detained him until police could come by. sources say the suspect is mexamexican national. santa monica police arrested 39 people for crimes in wildfire evacuation zones including ten suspected looters, not a single suspect lives locally. federal agents uncovering a quote sophisticated tunnel they claim smugglers were using it's equipped with electricity, ventilation and enforced by wooden beams. homeland security said they're working to arrest those behind the passageway which they believe was built only within the last year. president biden calling for an immediate cease fire in the middle east as he takes a call with israeli prime minister benjamin netanyahu, that happened over the weekend. biden also is calling for the return of all hostages, hamas says it will not release anyone without a clear path to ending the war. president

cheryl: listen, thanks to both of you for being with me. again, we've had a couple big pieces of breaking news during the program. dow right now is up 104, nasdaq is up 62, and the s&p is up by more than 14.5 points. jay, real quick, 5 seconds, are you bullish on markets year? >> i am. i think we're in a little bit of a correction, it'll be a rocky start, but we'll be okay. cheryl: all right. "varney & company" is up now, ashley webster is in for stuart. ashley. ashley: good morning, cheryl. thank you very much. good morning, everybody. i'm in for stuart who, by the way, will be back nicely refreshed onioned monday. now -- on monday. after a moment of silence to honor the victims of the new orleans attack, college football fans erupted into a powerful usa chant. it was a loud and patriotic show of support as the crowd rallied together. finish meantime, new details emerging out of new orleans. the fbi is confirming the terror attack was inspired by isis. local and federal law enforcement searched jabbar's home in texas and confirmed that the

liz peek, michael lee and cheryl casone we will see you tomorrow.ing, "varney & company" picks it up. >> good morning, everyone. the fires are not completely contained, the wind is picking up, gust of 40 - 50 miles an hour expected. los angeles is not out of the woods, 12000 structures destroyed 37000 acres burned, 24 dead, many people missing, political developments, trump says the authorities are incompetent. he takes the oval office next monday. california needs federal

charlie: cheryl, thank you for joining us.host fox news live with bill melugin 10:00 a.m. to noon today. fox corporation made a $1 million donation to the red cross california wild fires relief effort that provides safe shelter, hot meals, emotional support and other re-sours. support the american red cross by donated today. visit go.fox/read cross or scan the qr code on your screen. coming up, from a friendly exchange from obama to a mar-a-lago exchange with john fetterman. friends everywhere he goes. . borrow up to a hundred thousand dollars to consolidate bad debt and save money for your next goal. take a swing at your kitchen reno... meant that literally. or design your actual dream wedding. consolidate bad debt and fund all your ambitions with a sofi personal loan. go to sofi.com to view your rate. sofi. get your money right. if have heart disease and struggle with ldl-c... even with statins and diet... listen to your heart. talk to your doctor about repatha. repatha plus a statin lowers ldl-c by 63%. do not take repatha

i want to ask our lawmaker guest about that today, cheryl. >> absolutely.t to pick up on something that ashley was talking about there. right now, the backup policy of last resort covers about a half a million homeowners who can't get private coverage. okay. their exposure right now is at $458 billion. that was in september. potential exposure. that fair program only has $700 million cash on hand to pay claims. all right. california is the only state that does not allow private insurance companies, state farm and all state are the two biggest in california, to incorporate the cost of reinsurance into their premiums and this is why 100,000 californians lost coverage between 2019 and 2024. state farm, they dropped 70% of their customers around the santa monica mountains, just the santa monica mountains, maria. this is what's happening in the state. there is no money. and fair is going to be done. i said that three days, two days, one day, once the claims start. maria: look at the mistakes that were made, michael, by the leadership in california. i mean, why d

cheryl casone, she's going to pick it up. we've got a rally for you. cheryl, it's for you. i appreciate it. we are going to kick off with breaking news that we're actually just getting in to our newsroom here at fox business. a source briefed on the gaza ceasefire negotiations telling fox news, quote, a gaza ceasefire and hostage release deal was reached physicalling

hechos estÁn relacionados y hoy hubo conferencia de prensa tanto en la maÑana y hace unas horas, el cheryl inglÉs] reportera: gasolina y tambiÉn herramientas para acampar fueron encontrados donde repito, el Único ocupante de este vehÍculo falleciÓ y otras siete personas se mantienen sin necesidad de ocupar mÁs asistencia mÉdica y las heridas fueron bastante leves y la compaÑÍa que fuera que han rento el otro vehÍculo dijo que lamentaba todo lo que estaba sucediendo y mandÓ condolencias para las personas que fallecieron allÁ y para las vegas afirma que tambiÉn estÁ colaborando estÁ realizando las autoridades dijeron que va a continuar dando mÁs detalles. estaremos pendiente de las pesquisas, la violencia no da tregua en el metro de new york y nuevos incidentesencienden las alarmas entre los usuarios y evidencia en la falta de eficacia de las medidas tomadas para poner bajo control la seguridad con el principal medio de transporte de la gran manzana, violeta nos cuenta la preocupaciÓn de los residentes y autoridades. y el metro de nueva york no sÓlo es el transporte principal de la ciudad, s

there are like the daytime cheryl's lunchtime, charles, and not to become paula, the you watching else a 0 reminder of our headlines this. our firefighters in the los angeles area are struggling to contain several large wild fires. 5 people are confirmed dead, and thousands of homes have been destroyed and strong winds are fueling the flames . shows that phone is living on the new president more than 2 years addressing the crowds right now. what can you tell us? yes indeed. that's the case 0 is something that she had promised as she would have done anything. did she manage to do the buying and have many a rest florence defining it? defying man eats with one of these protests. she is now in the city. have a cat at the 1st time we've seen her in public in many months, she's been hiding in hiding stains of august following the track down on protesters and on the position on the bar of the government. out my daughter following the july 28th and elections. the question now is how she's going to be able to leave the protest in the past. she's been able to do so. jumping on motorcycles leadin

. >> todd: cheryl casone is here. >> cheryl: we saw that emerge in maui, predatory developers, propertyi governor green at the time made this move and i think this is where newsom got the idea and it is the right idea. emergency proclamation in hawaii, anybody making u unsolicited offer to a homeowner, if you tried to purchase that property for a certain value or less trying to get proper undervalued, you could face one year in jail or fine of $5000. that is happening in california. midand he will lower income residents in that neighborhood a are -- millionaires and celebrities can rebuild. what governor newsom is worried about is those who inherited homes that are middle class, teachers and firefighters who cannot go through what is for sure going to be an incredibly, talking 3 to 400% of your home value because of permitting, inflation, contractors. how many contractors can you get in the area? i spoke with l.a. real estate agent that said egregious p permitting process in l.a. is a big problem and predatory behavior. w "wall street journal" points this out, newsom has permitting eshg

cheryl: that is right, maria, president cartel's funeral this morning 12u6 a.m.al cathedral washington, d.c., bringing all five living presidents, to honor america's 39th president joe biden will give eulogy, after funeral will return to plains georgia, died in 2023 stay with "fox business" for live coverage 9:30 a.m. owner. >> a deal has been struck between u.s. dockworkers shipping companies in bitter negotiations avert aing a strike could have paralyzed ports, 62% pay raise both saying will protect concurrent jobs allowing modernization technology, follow three-day strike last year disrupted key trade problems, new york, new jersey are theification needed for mow dockworkers keep working under the current contract. >> devastating losses from multiple wildfires there some high profile names multimillion-dollar properties destroyed par wisconsin hilton 8.4 million dollar estate in malibu burn haved down, pacific palisades billy crystal john goodman heidi, spencer pratt, anthony hopkins lost 40 million dollars homes over 2000 structures across los angeles county

. >> ashley: it will be interesting to see how people feel if cheryl would feel comfortable as i woulde how many people will go after something like this happen and it is unfortunate all the way around. >> one thing i would say unfortunate part of this terrorist attack yesterday, those bollards and those berries and guest have talked to you about that, a place for new year's eve because they were getting prepared ahead of the super bowl. that is why they have the vehicles, the police vehicles and the police chief kirkpatrick said we had a plan that plan and terrorist defeated that plan. a lot of lessons. >> todd: jonathan gilliam said there was a way to prevent that if they had done a few things that are simple. >> little steps. >> todd: why that extra simple step. cheryl on mornings with marie, thank you. >> ashley: a fox news alert we are keeping an eye on the test list tesla explosion and whether connected to the attack in new orleans. >> todd: chanley painter with the latest on the investigation. >> they have identified the person driving the tesla cybertruck yesterday. it is playe

cheryl casone jump in.g to be a different playing field. >> it really is i agree with you when it comes to m&a and all the ipos i'm hearing a lot of chatter as far as the ipos come into formation in the first quarter of this year which is exciting i want to stay with the banks. i was looking at the estimates. maria had a guest talk about goldman sachs, goldman sachs earnings-per-share is expected to jump 49% year-over-year. i'm assuming that will be one of the stocks you will watch tomorrow but i'm curious your thoughts on walls forgot big of america we had guests come on let the loan under mortgage loan portfolio have a lot of california exposure in the going to have to come out give us some commentary may be on the conference call, what do you think. pete is also significant i don't get enough to bring down they have been under set strict regulatory scrutiny and dirt under tremendous diversification in a think there will obviously be insurance to supplement those people devastated by mortgage from the fir

cheryl: we're going to have big bank earnings next week. there is sectors we need to watch you say with the new administration. >> yeah, i think with the new administration coming in, there's some great opportunities out there. i think as you look at in particular from a sector perspective, one of the most interesting ones is defense. there's a lot of people who sold that off because of the worry of what's going to happen with defense spending, or cuts, and the incumbents being replaced by others. i think that's a big overstated right now but it's an industry, a sector you've got to watch but from a big picture perspective, i think there's some great opportunities in the small cap space. [closing bell ringing] cheryl: we're off session lows heading into the weekend dow, s&p and the nasdaq lower for the week as well that'll do-it-for-me and the "clayman countdown." kudlow is next. larry: hello folks welcome to kudlow i'm larry kudlow. all right, the nightmare wildfires in california may be finally slowing down a bit. meanwhile mr. trump wins

[laughter] this week, rfk made a guest appearance in a video where his wife, the talented actress cherylwas hawking products from her personal lifestyle brand. see if you can spot him. >> no, you can't -- you can't take a shower. [laughs] i'm doing a video. no, no. no. i'm doing -- i'm -- you've got to give me a second. i'm doing a video for hines and yard. [laughs] okay. honey... this is 60% off. >> stephen: actually, from what i can see of bobby, it appears to be 100% off. [laughter] this is actually no surprise. cheryl is well known for making her promo videos with something inappropriate happening in the background. take a look. >> i'm doing a video. no, no. no. i'm doing -- i'm -- you've got to give me a second. i'm doing a video for hines and yard. >> stephen: sadly, rfk jr. later ate the turtle. [laughter] you know what? [applause] oh, stop. you know what? i wish i looked that good. i would do it all the time. let's go back to canada again. you may have seen this: a runner in toronto is going viral for an animation he made using the gps tracker on his running app. it tracks everyw

cheryl casone with details now.ia, that teenager was attacked near the park back on january 2nd. he y wrestled with his attacker. police confirm the identity with the dna search warrant. the palm beach county sheriff's office said he i'l illegally crd over the mexican border, coming in as a got away. he is charged with kidnapping and sexual assault. starbucks is reversing its open door policy as todd piro said earlier on the news channel, is bringing back the closed door policy. todd piro, ladies and gentlemen. this requires you to pay up if you want to hang out in the coffee shop or use the rest rooms a starbucks spokesperson says we want everyone to feel welcome in our stores by setting expectations for behavior and use in our spaces. >.the new policy starts january 27th. taking a look at the stock, it is fractionally higher. we knew the company would be implementing these changes and here they are. they're implementing a code of conduct at starbucks. a lot of employees and customers were not happy with their serv

joining us now, roger and cheryl reed. cheryl, i want to start with you because it's hard to even wrap your head around that. this is the second time you have lost your home to a fire. but unlike last time, you and your loved ones escaped alive. >> yes, yes. thank god. when i saw the glow of flames to the to the east of our house. >> and to mine again comes the rolling fire coming out from burning oil. coming out from under the door of my grandmother's bedroom. and my mother beating out, trying to beat out the flames with the broom. and then turning and screaming to me, go, go, get your go. get your sisters and brothers and get out of here. and being able to witness the rest of it from across the street. and our neighbors, and seeing the firemen coming down the stairs with my grandmother in on a stretcher and my mother hanging on the fireman's coat, screaming and crying for her mother. i. that i was a child then, and i'm an old lady now. but these things, these things stay with you. and so when i look at that and that. enf

cheryl and jeffrey khoi have lived in altadena for 20 years. she says she wasn her way home from work on the 210 freeway when she looked in the distance and saw an orange glow. as she got closer, she knew it was time for them to pack up and leave. oh, no. minutes later, at 6:25 p.m, the fire grew. oh my god. then 6:28 p.m, the power lines were completely engulfed in smoke and in flames. a nightmare horror movie. you just don't ever want to see something like that. and it was so close. that tower is very close to our house. i'm going to spray the spray. the roof. by 641, jeffrey tried to spray down his roof but said the wind was so strong he is not sure any of the water even stuck. what it did instead was kari embers straight to their home. please god, please god, save us. save our house. you're not going to be able to control that, you know. so seeing that, i. i immediately went to this. this is very, very bad. according to their video, by 653 tuesday night, they were pulling away from their house under an orange sky, facing what was the unthin

cheryl: there i am, stuart, thank you so much. we appreciate it.ets. wall street is certainly bustling today, traders are pulling back from the early afternoon piece of our market coverage. got an initial boost from lower-than-expected wholesale inflation numbers. december ppi was larger than expected but the story changed. and now to the other side of the country. red flag wind and fire warnings are in effec

folks, i hand it over to my colleague, cheryl casone, in for liz claman. on. cheryl: yeah. more than 6000 points down on the dow -- charles -- 600 points. traders looking fo

cheryl, it's been great to be with you. cheryl: bill melugin, thank you for your incredible work in los angeles. "fox news live" continues. anita: alicia: a new flare-up overnight as the fire moves toward mandeville canyon, now threatening the brentwood area. this as the santa ana winds are expected to pick up again today and continue at at an elevated level through wednesday. the fire, wildfires have killed at least 11 people, and 13 others remain missing. welcome to "fox news live." i'm alicia acuna. hi, griff. griff: alicia, it's good to be with you. we are here on the ground in the palisades area. this is ground zero for the devastation that's now destroyed because of the palisades fire more than 21,000 acres, more than 5300 homes and buildings have been totally destroyed. we're here at the united methodist church in palisades, and we just want to quickly show you some of the damage. you can see here entirely wiped out and here just beyond us a reminder of the fire that swept through here. you can see embers smoldering

jeffrey and cheryl capturing door bell and cell phone video as they race to evacuate their home in altadenasaw this fire near their home at around 6:19 p.m. on tuesday. >> it was a nightmare, and i think the worst part was every time i checked on the fire it got worse. >> the neighbors, pedro rojas and jennifer erico also sending us pictures and video of what appears to be the same fire at the base of this electrical transmission tower. we tried to get a closer look. eaton canyon is below me. the coups say they saw the fire burning initially and it might be the several or the first place where the fire started, but that's the tower, at least, in the video. so far abc news has learned four homeowners and renters who lost their homes in the eaton fire has filed lawsuits against southern california edison alleging the company failed to de-energize equipment despite those wind warnings. today the head of so cal edison telling gma they've seen no indication their equipment started the fire, but they're aware of the videos and investigating. >> as soon as we get close to it we'll inspect and be t

. >> cheryl sabnis is with the group save moraga. it's focused on how to evacuate morocco's almost 17,000 residents, and it wants the town to do more. >> the tough part about infrastructure is, is that it is limited. >> morocco police chief john king admits the town's limited roadways presents a challenge, but he says evacuation plans are in place. this evacuation document has been sent to residents. a community warning system set up with the county will inform residents where to go, and law enforcement have another manual explaining how the evacuation zones will operate. >> these are our traffic control points. we're going to have to set up how many people it's going to take me to, to staff those and then any equipment i might need. >> and all this. in addition to the real life drills by first responders, he says, the city is also considering building new roads or expanding moraga way, a hiking biking trail along moraga way that could then be transformed into a into a travel lane if need be. but sabnis believes the moraga evacuation

. >> host: cheryl in alabama, republican. cheryl. >> caller: good morning. >> host: good morning. >> caller: i like to say representative john tremaine speaker. american spoke loud and clear and we want work done so there's no time to waste. getting a new speaker. so leave johnson in and let's not put the law and vivek ramaswamy and and let them do with those boys. >> host: ever goes past the first round you would have your represented say the name elon musk? >> caller: maybe after couple rounds, yes, if you want to play let's play. another issue i have is with all these illegals. i'm looking forward to them being dealt with. and i think what the government needs to tell them is unique, if you were here illegally you need to contact a legal representative and say this is where i'm located at. so if the come has to come search for them, they should lose any chance for ever of ever entering or becoming a citizen. if they turn them since in say this i am, then they leave that door open. >> host: cheryl smith to lawmakers are on

and to that end, there's this video from a couple cheryl reid jeffrey ku who cnn did speak to, and they talk about when cheryl was making her way back home, what she saw and then what they were able to proceed to see through the ring camera. take a listen to jeffrey ku. >> the mountains, the the canyon was dark. she could see a light in the hillside. and as she got closer to the house, sure enough, it was burning bright. and it was the the base of the tower on fire. and that was when the video started, where she came in to to get me, and in her her voice, which i'll never, ever forget, which is you need to come out here now. we have a big problem. >> now, a lot of people obviously want to know what started these blazes, but at the same time, there's still a need to protect what has remained standing and also to be prepared for any other blazes that may pop up. just like we saw this auto fire pop up last night. so officials here asking people to be prepared, ready to go in the event that with these winds we see a blaze start someplace else that people take these warnings very seriously.

this is more normal, is good scattering, and cheryl is everywhere. a potential for flood from big thunderstorms in the central philippines and may be in born here. otherwise it will be a rare event to monitor and not be particularly which will much the single pole this package is really wet stuff come friday. there is some writing in india, re showers and algebra dash more likely is for lack of costs through the last problem is the cold and the system for getting places it does disappear during the day, but not for everyone's. you know, major cities are suffering from poor quality every now and again, this is interrupted by right. and that might be the case in the whole come south of the day, but it won't last long. the 19 sixty's, the significant decade across the middle east and north africa. it was to dictate when new dynamic movements for launched in the last of a 3 car series, which is 0. well, looks at the changes in society as a whole. teachers were looked after in learning methods were closed, be evaluated from education to the changing rules