cheryl casone has more. >> cheryl: this is the hush money case related to stormer danielings s.he judge not believe the new york trial needs to wait until the supreme court decides the issue of presidential immunity, which is directed to another case, which is the smith case, jack smith case. we won't know until june what the supreme court will decide about the immunity issue. judge in the new york case, the bragg case, hush money payment case, the president had myriad of opportunity to raise claim of presidential immunity before march 7, the court declines to consider whether this precludes introduction of -- in presidential kribl krinl prosecute seeding. you could have brought this up, you had plenty time to bring up the immunity issues, even though lawyers in d.c. case brought immunity, you missed your opportunity is what the judge is saying. >> carley: another story involves mta, and new york city marathon. >> cheryl: the m.t.a. wants a big cash grab, i can't say it better than "new york post" and i will not say that, you can see the cover. want to be in that meeting one tim

prime minister advisor, thomas corvette dylan and fox business' cheryl casone. "mornings with maria" is live right now. ♪ calling gloria. ♪ gloria. ♪ i think they've got your number. ♪ gloria. ♪ i think they've got the alias. ♪ gloria. ♪ that you've been living under. maria: time for the hot topic of the hour. former president donald trump posted his $175 million bond in his civil frau fraud case preveg latisha james from seizing his assets. trump writing this the case was an election interference con job with no victims except him. the former president holding rallies today in michigan and wisconsin where he'll address the border crisis and try to win over swing state voters. mark he t tepper, your reaction. >> i'm glad that in the latisha james fraud case, i'm glad president trump posted his bond and hopefully this thing gets overturned on aappeal because i've said it before, this is a straight up confiscation of assets by the government which is scary for all of us normal americans. if they can do it to a big guy like trump, a former president, they can do it

joining the conversation already long strategic wealth partner mark tepper, ceo mike baker and cheryl casone. "mornings with maria" is live right now. ♪. maria: time for the hot topic of hour. anti-israel protesters shutting down traffic causing travel delays across multiple states yesterday they blocked the brooklyn bridge in the golden state bridge and the road to chicago o'hare airport blocked. [shouting] >> free palestine. [shouting] maria: protesters flooding downtown miami and downtown tampa calling for a cease-fire in the ongoing war in gaza. mike baker i had friends coming back from florida yesterday, they told me at the airport in florida and all the port said no they indeed in new york all plates canceled or delayed. this is broader than even that come it impacted new york as well in the flight schedule. >> it was a fairly well correlated effort on the part of the protesters. that's what people sometimes forget, they look at this it is all spontaneous. all these people to showed up somehow with the signs and organized in terms of timing and what they could do on the golden gate the

april kicking off with severe weather across the country, cheryl casone with details now.ht, maria. a major storm is expected to hit much of the country this week, bringing tornadoes, hail, severe thunderstorms with it. 50 million americans are in the path of the storms, from texas to virginia. texas, oklahoma, missouri the biggest risk today. tornadoes, large hail and damaging wind gusts are forecasted to bring possible destruction to residents in those areas. the captain of the port of baltimore is preparing to open a temporary alternate channel near the collapsed francis scott key bridge, the move would allow commercially essential ships in and out of the port. it would mark an important first step of a phased approach to open that main channel. a time line has not been given for when the alternate channel will open, right now crews are working to remove thousands of tons of debris from the river. starting today, most fast food workers be they the state of california will make a $20 an a hour minimum wage. the new law going into effect likely to affect customers with pr

cheryl casone jump in, i know you're looking oil and cargo traffic and the impact on inflation givenwere entering the summer driving season as well. domestic gasoline. >> we saw spike in the national average for gasoline this morning we jumped to 3.68 and that's been a steady increase but here we go. my question is about the inflationary impact on the u.s. from all of this. we saw after october 7 that the houthi had no problem going after ships in the red sea, we saw a lot of cargo traffic having diverse around the horn of africa. if that scenario plays out, iran doesn't have to necessary strike israel with a retaliatory strike they have other means to go after israel and i think this could be a possible way with their proxies if that starts to play out again what does that mean for inflationary story in this country with gas and goods obviously with the cpi number 3.5% we've seen that jump for three months. that could get even worse. >> it certainly complicates inflation story. we think technically oil could go to $95 a barrel that is what is the trend is headed with or without any

maria: sympathetic president, cheryl casone. your reaction?it feels like when steak is up 40% year over year or eggs are up 20% year over year or when the cost of just about everything is up more so than your wages. >> it's the economy, stupid. but i'm going to quote mark penn here who is the co-ydirector of the harvard poll which shows that president trump is leading president biden in the matchup. he says america thinks trump did a better j job as president and they're willing to vote him back into office an biden has a hill to climb and it shows men are supporting president trump while women are supporting president biden. it's something to consider as we move forward. maria: what they don't get into in that podcast is inflation and the reason that we have had such high inflation, it's the excessive spending. the white house is beefing up its economic up council led by lael brainard and promoting two economic aides to help with advising on the economy. will it help as we watch the economy he slow down all the way up from 4.9% in the third q

tone for the broader averages dow industrials down 65 nasdaq down 70, citigroup earnings out to cheryl casone with numbers. cheryl: earnings per share not adjudicative a, youing 58 street looking for a buck 23, 21.1 billion street looking for 20.4 billion stock higher under a percent going into the number, still is, one of the first things that crossed, though headed count reduction 7,000 you has the to see that happening, you know they are closing out this quarter with head count reduction 7,000, credit card losses on loans, we talked about 21.8 billion, and then also, talk about the fact that they are looking at four year 2024 guidance, for revenue, 80 -- 81 billion, overall looks like a pretty decent report each big bank is throwing money into the fdic fund that got eaten by sell-off bank last year, citigroup itself putting this more than 200 billion dollars, into the fdic fund, 251 million dollars excuse me 251 million, will overall pretty decent report going with citigroup, as you can being see stock reacting, looking like a are better story up little more than 2 1/4 percent. that could

zahedi. >> welcome back update on devastating deadly quick hating taiwan cheryl casone. t in my opinion people dead at least 934 hurt. after a powerful 7.4 earthquake rocked taiwan, that is according to to the national fire aggregation strongest to hit the i'med in 25 years could even be felt in china a possible tsunami warning in japan, has been lifted authorities say at least 26 billions collapsed firefighter working to rescue people in did he agree 131 people trapped including 50 employees of a hotel taiwan recorded 76 aftershocks in less than five hours do expect aftershocks to continue next three to four days. former president trump filing 175-million-dollar bond with the court in, no, new york civil fraud case after appeals court decided to reduce amount to 175 down from 454 that bond underwritten by don hankie his dpaen knight specialty insurance speaking about his decision. >> a big bond, you know donald trump came up with all cash at the end there was easy decision --, almost no risk i gu you call it a win-win, win-win-win, helps our business. >> bond trekts seat

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the month april kicking off with severe weather cheryl casone.really is, maria major storm is expected to hit much of the country this week for. >> thunderstorms with it, from texas, to virginia. texas o oklahoma missouri biggest being risks today, hail damaging gusts for being to bring possible destruction to residents in the pact of these storms. baltimore reported to open ultimately channel near the francis scott key bridge, will allow ships in and out the temporary channel will mark an important first step to open a main channel timeline not given for when alternate channel is going to open crews are working to remove thousands of tons from the river bridge collapsed a week ago wasn't a cargo ship crashed into it starting today most factory workers in state of california making a 20 dollar an hour minimum wage. new law going into effect, likely to affect consumers with price hikes in possibility smaller serving sizes as restaurant owners large and small try to pay for new wage, fox news alisha acuna knows first and a half the struggling they

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wealth management president chris mcmahon, fox business cheryl casone. fox business "mornings with maria" is live right now. ♪. maria: it is time for the hot topic of hour. fox business white house correspondent edward will lawrence pricing karine jean-pierre on president biden the inflation was skyrocketing when he took office. watch this. >> the president said when he came into office inflation was skyrocketing but it was 1.4% in january of 2021 and that was the 11th consecutive month at that time under 2% so the president is leaving americans. >> with the president took office it was a pandemic closing businesses and schools and so was drastically disrupting the supply chain. >> it didn't say the supply chain was being disrupted he inflation was skyrocketing. >> with a supply chain that was disrupted. that was the s the president spg to. >> is the president being honest about inflation. >> you to take aggressive action in dealing with this disruption in the supply chain. maria: it was not true at all. remember 2020 when biden tweeted this. unlike this

. >> to breaking news initial jobless claims cheryl casone with numbers. hotter than expected 220, 1,000 initial number street looking for 214, continuing claims 1.791 million lighter than street looking for they were looking for 1.813 million the fed rate trade balance number interesting the actual negative 68.9 more than street was forecasting negative 67.3, worst than we saw the month prior would have been january are. all this leading into tomorrow's big jobs' report for march forecasting 200,000 jobs, to be hit in march but, as you know, the revisions have been volatile to say a alleviate we keep seeing sw disparity twin household survey wide ink last few months i think a big key component of what we see for that big report, tomorrow morning. >> stocks inching forward dow industrials up 96 nasdaq up 74 your response reaction to jobless numbers. >> i think coming out really important we need to see the unemployment rate to come up deal with facing inflation is stick yr than people think at this point in time, until you get more layoffs probably not gett

biden is now turning to appeals court in hopes of dismissing the tax and gun charges against him cheryl casone. cheryl: that is right, maria. , hunter asking appellate court both criminal case to dismiss this tax and gun charge tones paelths to third circuit court of appeals to drop three felony charges remediated to 2018 gun, biden claims part of the previous plea deal was in effect a delaware judge rejected. >> nordstrom family weighing taking private a special committee formed to help work out a potential deal the chain struggling with sales down 50% the past five years company, hasn't had deal like this on and off a few years, stock three-quarters % higher. maria: thank you, meanwhile, 12 new york jurors selected in former president's so-called hush money trial one sworn in earlier this week excused yesterday after revealed he was once arrested for tearing down right leaning political will advertisements, president biden taking a shot at trump's legal battles in pennsylvania joking this 45isth president a little busy right now trump's response. >> well -- >> the new york scam, more -- lead

biden administration announcing 7.4 billion in student loan ballots today, cheryl casone from our foxs is here. >> cheryl: biden administration is getting ready to cancel more student loan debt finding work around that said they did not have authority to forgive that debts. today's announcement cancelled 7.4 billion for 277,000 borrowers, bringing total forgiven to 153 billion. white house press secretary karine jean-pierre was asked about the newest move at the white house. watch. >> the state's plan is helping millions who earn less than $15 per hour have a monthly payment of zero dollars and is helping some borrowers get their debt cancelled faster. fighting to give people breathing room and using every tool to help bars. >> cheryl: the nation sit says on 28 trillion in debt due to fiscal stimulus and handouts from electric vehicles to student loans. >> todd: the sense of entitlement from illegal immigrants in regard to new york city police officers. >> cheryl: nypd officers get the brunt of this. this video shows two police officers in yonkers getting screamed at. an unruly man wa

. >> todd: cheryl casone from fox business has details. eese sandwich is pricey, you may have to work longer to afford it. we got comments from fed chair jerome powell. seems to be at odds with president biden. >> we need greater confidence it is moving toward 2%. there is continued strength in labor market, lack of returning to 2% inflation goal. >> cheryl: march consumer price read 33.5%, compare powell's tae with inflation with karine jean-pierre's view. watch. >> the way we see the economy is very different than the way republicans see the economy and how we have an economy that, wos for all. making sure the wealthiest billionaires and corporations pay their fair share is the way to go here, not putting that burden on everyday americans. >> cheryl: stick with the numbers, inflation numbers are problematic in an election year. in may of 2022, president biden maintained inflation was a top priority for him. >> president biden: i want every american to know i'm taking inflation seriously and my top domestic priority. inflation is our top e

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cheryl casone from fox business with are m. s for us. >> cheryl: there is a lot of numbers, this could be why despite the criminal trial, former president trump maintains advantage in the latest cnn poll. 65% in this poll say the economy is important and 27% say it is very important when voting. still senator tim scott says president biden appear ready to reek more havoc on the u.s. economy. >> joe biden specifically willing to tank america's economy for no actual purpose. the fact he is willing to own that and wants to tells us bidenomics does not work and joe biden does not understand how to create activity in the private sector. >> cheryl: 70% say, vice president you mentioned with kaylee mcgee white there, she is defending the administration's economy. we will continue to invest in you, your family and your future, i guess that is student loan bailout story. will kickoff nationwide economic tour, kamala harris will start in georgia today. she's been hitting campuses and talking about women's rights and now switching to the e

h dow industrial ares up 2323 points right -- 232 point e points at the moment final thoughts, cheryl casonehave you this morning. >> thank you. >> more earnings this week, maria, we'll keep on 'em. maria: thanking -- thanks, everybody. "varney & company" ticks it up. stu, take it away. stuart: good

. >> todd: cheryl casone is here with more. i mean, when are we going to learn?in new york city, when are we going to learn? six of the eight are out on bail despite waving a gun in the driveway when the nypd showed up and the other trying to run out tz side door, they are arrested. they are from venezuela, with the longest rap sheet. neighbors say the squatters woke them up from all the noise in the basement. listen. >> you don't want hooligans living near you, it is a peaceful, quiet street. they were a nouisance. motorcycles, big boom boxes or sound systems. >> cheryl: one was arrested for carrying a loaded gun in september, he had a pistol when he was arrested. another arrested in august on attempted murder. the victim refused to cooperation and charges were dropped. finer point on this. right now, the one found pointing the gun in the driveway is out without bail and ja vier is the migrant with the pistol in his arm trying to sneak out. the bronx dz wanted these guys kept in jail and the judge let them out and seven-year-old child was found and they do not k

cheryl casone with details now. cheryl. >> that is right.s democratic mayor mike johnson he defending himself after announcing a $46 million program for migrants while announcing an $8 million budget cut p for the police department. the massive spending plan in addition to another $44 million in spending for migrants in the city in place, 5,000 my grants migrantswere living they the shn january, the number has fallen. he insists it's a sustainable plan for treating newcomers with dignity. the fire department also facing a budget cut. the universities of southern california canceling the commencement speech after online activity. she is accused of promoting anti-semetic and anti-israel views on her instagram school officials say the choice has taken on an y alarming tenor in recent days. she says usc is, quote, caving to fear and rewarding hatred, maria. and those are some of your headlines. back to you. maria: thanks very much. hundreds of anti-israel protesters storming the brooklyn bridge yesterday, delaying traffic, some burning american

bring in cheryl casone. otesters are demanding the school divest from israel, that is not going to happen. there is bill on the house floor to give congress more power to defund schools. >> cheryl: let's start with endowment fund. 13.6 million. they want the school to divest from blackrock, air bnb, targeting caterpillar, they have sold bulldozers to israel and we know about the project nimbus at google, they want divest tour from google. that has happened before at columbia university, the university did divest from south africa during the years and that is one issue. is this way to do it? i don't think so. this is now becoming a very bad situation on campus. you mention what is happening in congress. this bill would crack down on antisemitism on college campuses, force department of education to use international holocaust remember rans event of antisemitism when they enforce rules and give government more power to defund university. it is split between democrats. jerry nadler, his district is upper west si

cheryl casone with details now. cheryl. >> that is right, maria.trial set to begin on april 15 denying defense lawyers' request to delay the trial while the supreme court hears arguments over the issue of presidential immunity, the judge writing that the defendant had myriad opportunities to raise the claim of presidential immunity. the court declines to consider whether the doctrine of presidential immunity precludes the etched. evidence.the issue was brought e d.c. case. trump is charged with 34 counts of fa falsifying business recor. a major victory for disney and bob ager after an activist investor lost a bid to take two seats on the disney board, share.the vote a substantial man disney's favor. taking a look at the stock this morning, slightly down in the premarket. finally, this. the new york metropolitan transit authority wants the new york road runners, organizers of the marathon to pay $750,000 to use both levels of the bridge for the iconic marathon start each year. the mts president saying new yorkers love marathon sunday but taxpayers c

cheryl casone with all the details right now you. >> that's right maria.ather including more tornadoes, thunderstorms, hail, and heavy winds as after deadly tornadoes ripped through you states over the weekend. iowa nebraska are expected to see the worst of it as people are beginning to clean up the damage from the last round of devastating twisters. the monster storms killed five people across oklahoma and iowa including a baby. well, the arizona rancher that was charged with murder for allegedly shooting an unarmed high grant on his property will not be retried. last week a mistrial was declared in the trial after the jury was dead locked. his defense team says there was one juror who wanted to strict t him while the rest wanted an you acquittal. it centered around a migrant that was found dead of a gunshot wound on his rant. nbc universal is preparing to spend two and-a-half billion dollars a year for broadcast rights for nba games, a blow to tnt which held the rights previously. playoff would appear on nbc and peacock streaming. the potential bid could

cheryl casone with details. >> new video shows what appears to be massive tornado ripping through texasat is huge. look at the motion on the right edge. >> severe storms continued raging across parts of the south and midwest, leaving a trail of he destruction in their path. more than 120 tornadoes plowed through six states in two days, downing trees and power lines and destroying homes and businesses. oklahoma, wind speeds topped 13r people were killed, including a 4-month-old baby. at least 100 others were injured. oklahoma and nebraska tell under states of emergency. more than 4 million people under tornado watches, 47 million people are at risk for severe weather this morning. well, sources confirming to fox news florida governor ron desantis agreed to fund raise for former president trump after the two met privately in miami yesterday morning. the meeting that was first reported by the washington post set up by florida real estate developer steve witkoff. it lasted for several hours. meanwhile, another one of former -- trump's former opponents, doug burgum could be moving up on trum

cheryl casone you with the details. >> for more than 24 hours hundreds of students of columbia universityn the lawn calling it the gaza solidarity encampment to show support for palestine while demanding more from an end and the universities complicity and genocide. >> free palestine. >> free palestine. >> there is only one solution. >> as part of revolution. >> since this started three simultaneous demonstrations have formed near the university in support of the liberated zone despite orders to evacuate in washington, d.c. the president of columbia testified to congress about her administration's record addressing anti-semitism. >> death to the zionist state, jews out you don't think that's anti-jewish. >> is completely unacceptable. >> you change your issue so there have been anti-jewish protests. >> anti-jewish things were set up protests yes. >> a protest that was against muslims, have you seen running in syrup. >> no i have not. >> ivc morning as palestinians. >> no i have not. >> the university has to suspended students, restricted protest and investigative faculty members one who c

cheryl casone with details now. >> good morning. >>> at least nine people are dead and more than 900thquake rocked taiwan. that's according to the national fire agency. it is the strongest earthquake to hit the highland they 25 years. it could be felt in china and prompted a tsunami warning in japan. the warning has since been lifted. officials say at least 26 buildings collapsed, firefighters here working to rescue people trapped in that debris. according to local authorities, 131 people are currently trapped including 50 employees of a hotel. taiwan recorded 76 aftershocks in less than five hours and they expect these aftershocks to continue for the next three to four days. we're going to update you on this developing story throughout the morning. well, the owners of the cargo ship that crashed into the francis scott key last week, killing six, are denying fault as the lawsuit landscape begins to take shape in the aftermath of the tragedy. grace ocean private, the owner and synergy marine filing a petition in federal court denying fault and neglect, they're asking for limitation of

cheryl casone with details now. >> that is right, maria.gion with suspected tornadoes and hail, significant damage reported in ohio. the storm downing power lines and destroying homes and businesses across the state. look at this, the roof of a family dollar retailer partially collapsing from the powerful wind. fortunately no injuries have been reported. well, 911 services have been restored in some areas after outages knocked down emergency services in cities across south dakota, no b nebraska and nevad texas after dhs warned there could be a threat due to exposure and availability of victims' personal information. meanwhile, police in del-rio, texas say their outage was caused by an issue with a major cellular carrier, unclear if it stemmed% a cyber attack. president biden sharing a very bizarre story yesterday. watch this. >> my uncle, i called him bozie, he told me when he was a kid, he became an army air corpsman before the army came along, a single engine plane recognizance over war zones, and he got shot down in new guinea and they n

h dow industrial ares up 2323 points right -- 232 point e points at the moment final thoughts, cheryl casone, mike baker, mark tepper, great to have you this morning. >> thank you. >> more earnings this week, maria, we'll keep on 'em. maria: thanking -- thanks, everybody. "varney & company" ticks it up. stu, take it away. stuart: good morning, everyone. it was outrageous. treasured be consequences. anti-us trial protesters blocked traffic in cities across the country. it was deliberate disruption, it was coordinated. there were shouts of to america, the stars and stripes burn. ing a young man waved a hezbollah flag in america. nothing from the president, nothing from leading democrats, but senator marsha blackburn will introduce a bill to make the deliberate blocking of highways a federal climb. a good thing too. crime. in israel the military chief says we have no choice but to real kuwait for iran's weekend aback -- retaliationuate. there are some reports some form of retaliation is imminent. no serious bounceback after monday's selling. the dow should open with a solid gain around 200 poin

cheryl casone with all the details. >> tornado sirens in iowa as powerful storms ripped through the midwestrst widespread severe weather threat of the year, over in kansas, one tornado was on the ground for 20 minutes with wind speeds reaching 100 miles per hour and destroyed several buildings into people hurt after the rv flipped over from the wind. former president trump's media company trump media and technology is launching a streaming platform in his statement the company said the streaming content is expected to focus on live tv including news networks, religious channels, family-friendly content including films and documentaries and other content that has been canceled is at risk of cancellation or being suppressed on other platforms and services. the lifestream channel will expand outside of true social and have its own standalone app streaming to home tvs. shares of trump media technology as you can see are lower by 1% the premarket, then this john mellencamp was not singing about jack and diane instead he used the live show in toledo ohio to promote the agenda of joe, joe biden. h

cheryl casone with details now. >> that's right, maria.r mass at the cathedral overtaken by you pro-palestinian protesters. watch this. >> the protesters interrupting the easter vigil. they were quickly escorted out of the service. there was a call for prayer for peace in the middle east and an end to the war. in a statement before the start of holy week. the quarrel reporting that form r -- the wall street journal reporting that donald trump eyeing high profile wall street and d.c. veterans to be treasury secretary if he wins in november. as you reported, billionaire hedge fund manager is on the list along with robert light lit hiser. if trumps takes back the white house, the treasury and a federal reserve posts will be very important to wall street. well, at&t acknowledging a massive data breach of customer information, dating back to 2019. the company acknowledging 73 million users were affected. 7.6 million current at&t customers and 65.4 million former account holders caught up with this breach, e-mails, addresses, names, phone number

joining us today is cheryl casone, and former state department spokesperson under president obama, marie harf. and "fox & friends" carlo holse, lawrence jones. okay. first let's go live as we get more details because we've only known about this for about an hour. o.j. simpson is gone. >> he was many things, of football star and actor and also a killer despite the acquittal. in a few years later a conviction for kidnapping and robbery. a celebrity anywhere he went. a restaurant a golf course he drew a crowd. a born communicator for all his faults, he had christmas, he showed that almost up until the day he died. he posted occasionally on twitter where he had almost 900,000 followers and here is a post from exactly two months ago. on the eve of the super bowl sunday. >> i want to say thank you to all the people who reached out to me. my health is good, obviously i am dealing with some issues, but i think i am just about over it. and i am back on the golf course. hopefully in a couple of weeks. >> he grew up in a public housing project and became a star running back and went on to fame with

cheryl casone with details now. >> that is right, maria. good morning.to begin just hours from now in former president trump's historic criminal hush money trial. he's accused of falsifying records to hide the true nature of payments to a lawyer that paid off an adult film star to keep an alleged you affair private. it's expected to last for six to eight weeks. jonatha>> it's going to be a challenchallenging jury. it's easier to find a stray manatee in man manhattan than a trump supporter. the jury pool will not be asked about their political leanings s he can assume that he's going to have a motivated judge and a fairly hostile jury. and it's one of the things that i think alvin bragg is counting on. this is an absurd case. he's counting on the fact that the jury may not demand a a lot, once they see who is sitting behind the defense table. >> jury selection could take up to two weeks. jurors will be asked 42 questions such as where do they get their news from, do they follow trump on social media, if they've attended a trump campaign event. a weekend o

maria: president biden and first lady jill biden releasing their annual tax returns on tax day, cheryl casoneng again. the white house releasing their tax returns, the couple actually reporting 2023 adjusted gross income of 619 619,976, 23.7% tax rate, they paid $146,000 and change in federal taxes. we'll get a closer look at president biden's fiscal 2025 budget proposal, would hike the corporate income tax rate to 28%, that current corporate income tax rate is 21%. other proposed tax hikes, capital gains, small business, individual income tax hikes, all included. the tax foundation calling the proposed budget anti-growth. well, the armor for the movie rust sentenced to 18 months in prison over the fatal shooting of helena hutchins. she sobbed in the courtroom. she was wearing jail scrubs. huhutchins mother said during te trial and afterwards that time does not heal. hutchins died in 2021 on the set of the movie after alec baldwin fired a gun accidentally loaded with a live bullet. philadelphia police are searching for two suspects after one of them opened fire at someone stopped at a traffic

cheryl casone with details. >> the streets of new orleans are completely swamped by floodwaters, severepummeling the gulf coast. several roads and underpasses are impassable after heavy rain drenched the city. a tornado ripped through the city of slidell. several people hurt, homes and businesses damaged. and look at this, a car is flipped on its side. emergency crews found a woman trapped inside. they did pull her to safety. the mayor says the city hasn't soon this much damage since hurricane katrina in 2005. in mississippi, a trailer is leveled to the ground and a family member of the homeowner said a tornado ripped the trailer from the anchors and flipped it several times. the super weather is headed east threatening to delay the master's tournament in georgia which is supposed to tee off this morning. we shall see. well, amazon's ceo just releasing the annual letter to shareholders, just within the last hour. he committed to continue to cut costs at amazon while investing a.i. he highlighted the streaming side of the business and advertising is off to a strong start. he mentions cut

cheryl casone with details now. >> mr. discuss a range of issues including fisa reauthorization, fisa sets rules and procedures for gathering foreign intelligence, section 702 allows the government to collect communications. that, piecer april 19th. ththe house could vote on a new fisa authorization bill as soon as today. trump and johnson will hold the press conference this afternoon and will be talking about the issue of election integrity during their remarks. a move by the chinese government, a swipe and intel and amd. beijing instructed china telecom carriers to phase out foreign chips which would cut american p chip makers out of the nation's telecom systems. china is intel's largest market. accounting for about 27% of the company's 2023 revenue. a a md has provided the bulk of core processors used in networking equipment in china and he globally. both of these stocks are in the spotlight today. both are lower in the premarket. intel is down almost 2%. amds is down a little more than 1 and-a-half percent. well, rite

advisor acting chairman thomas philipson, congressman dan meuser from pennsylvania, mark tepper cheryl casoneeaction, to the ppi this morning. >> well, i mean the thing with ppi lately compared to cpi usually a leading indicator of the cpi because companies see this -- prices rising before xherdz decoupled, ppi has been coming down, in '23 the reason decoupled driven bying housing, mostly owner occupied no production in there like in prices of ppi essentially, right? the concerning fact now is that ppi is ticking up again, last couple months, in february, now cooler, but does start -- continuing, then we are going to think more of a leading indicator i think because, really the breakdown between ppi down below target, cpi coming in hot lately is housing market. >> great analysis, there, i want to find out why in fact we continue to see elevated inflation congressman dan let me ask you about this you know president biden is takinging the credit for getting inflation down from highs 9.1% but in fact federal reserve has raised interest rates to rein in inflation, and, you know, all of this spend

cheryl casone with all the details. >> that is right.mera a stealing american flags from one suburban neighborhood. the police posting on facebook surveillance video that shows three suspects walking down the road holding their e stolen flags. the two males and one female in the video not if identified yet. police asking for the public's help. one facebook commenter writing, probably stealing flags because with they were just taught to hate america. >>> well, harry are redstone facing -- sherry red shari redstone facing drama. over or the last several weeks, shareholders rebelling against her plan leaving the fate of the home of blockbusters like titanic, the godfather and indiana a jones in limbo. "wall street journal"'s reporting that ceo bob bakish could resign as a early as today. you know, they're reporting after the bell. stock is up more than 5.25%. they lost 80% of their market value in just that last 8 years. >>> well, jamie dimon not only runs the nation's biggest bank, he's also a been crowned the country's to best dressed ceo

fox business' cheryl cheryl casone, kennedy and my family as well as hero veterans from building homeser. it was just a wonderful honor precede ised by a glowing tribute from fox business' own neil cavuto. >> liz started, of course, the idea behind the final hour of trading. she recognized how important it is that a lot of people are focused on that. that's where you can have the wildest movements, where you can have sudden developments. she got the urgency of those 60 minutes, but she did it and continues to do it in a way that you want to be at that ringside seat. you know, there are a lot of shows that go through the numbers. she goes way beyond those numbers. she gets to the personalities behind the numbers, the drama of making money or losing money and seeing it in a big way. liz: thank you so much, neil cavuto, for all the kind words. and thank you to all a of our viewers for letting me be part of your business day for the last 25 years on cable news, 16 of which are here at fox business. and charlie gasparino also came but mostly for the filet mignon, right? >> not very good ste