carley refuses to toss to you. >> carley: i thought we were going to hear from donald trump, but cheryl casone hope it wasn't i said or did. of course we have continuation of president trump's sit-down interview with sean hannity and they talked about energy and america's gas supply. it is a great asset and this should be happening more and more in this country, not other countries. listen. >> president trump: we have more oil and gas than any other country and we're going to have more and anwar, in alaska, could be as big or bigger than saudi arabia. it is great asset, china does not have that. they have to go out and buy it. we have more than anybody. we'll become a wealthy country again and energy will lead the way. >> cheryl: so many layers to what he's saying. he is threatening china, you heard it there. china is buying oil from iran and russia exporting oil around the world and that is how they are making money to continue to fight the war in ukraine. donald trump is saying this is how the negotiation is going to go. he called out opec and said oil prices are too high. no response in ope

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into it this morning, joining the conversation bullseye ingenuity fund manager adam johnson and cheryl casone "mornings with maria" is life and davos switzerland. ♪ >> we kick it off with a hot topic of the hour, president trump announcing a major a.i. investment into america key technology tightens pledging half a trillion dollars to create artificial intelligence infrastructure, cheryl casone without stargate project. >> and something else, good morning to you president trump is joining forces with the three biggest names in technology the project called stargate will build data centers that power a.i. in the united states openai, oracle, softbank committee 100 billion to the project upfront bowing up to 500 billion over the next four years trump has joined at the white house by a.i. ceo sam altman and oracle ceo larry ellison for the announcement. here is part of it. >> together the world leading technology giants are announcing the formation of stargate the new american company that would invest $500 billion at least in a.i. infrastructure in the united states and move very quickly and ve

has been trading down you are seeing, you know the highest earners go to places like walmart, cheryl casonerket reaction has been fierce any revisions. >> looking at bond bond selling off yields as well when you look back at what is happening with regards to you know the contents of the report, i am wondering if that retail trade boost we saw maybe this is better for jerry than highlighted is kind of a one-off a seasonal number one thought we also have truncated retail selling season we lost a week between thanksgiving and christmas, we started to get data last week about consumer credit card debt consumer continued to pile on it wasn't that we saw consumers going out spending on fun things they were spending on a necessities i think a really disconcerting worry some statistic that may continue to play out in this year to your point about fed rate cuts if we get one cut we don't get it for six months the average credit card interest rate is 20%, the average. i worry aboutness. >> people have been putting more on credit cards, do you read the job a creation retail in december as totally seas

he will issue a executive order today to temporarily save it. >> todd: cheryl casone has the latest.: how this plays out today will be interesting. there are those pro-tiktok that say this is freedom of speech. there are those that argue why would a chinese company be protected by the first amendment. there are a couple senators questioning how this will work today with this extension under president-elect trump donald trump. cotton and ricketts say the law that was backed by supreme court on friday and upheld, the law risks ruin bankruptcy for any company that violates it. there is no legal basis for extengsz of effective date of tiktok. they say bite dance has to agree to a sale. donald trump says do a 50/50 split. i will have kevin o'leary joining me today. we'll talk about that with him. david marcus writes in opinion section, china played with tiktok. if tiktok was a fun app some entrepreneur came up with, and somebody offered them 20 billion, why not take the profit and run? i want to ask you about the approximately library, that is your expertise, not mine. >> todd: this is un

. >> carley: cheryl casone will break down the toll these fires are taking next. i know.t 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. for all those making it big out there... ...shouldn't your mobile service be able to keep up with you? get wifi speeds up to a gig at home and on the go. introducing powerboost, only from xfinity mobile. now that's big. ♪ ♪ with so much great entertainment out there... wouldn't it be easier if you could find what you want, all in one place? my favorites. get xfinity streamsaver with netflix, apple tv+, and peacock included, for only $15 a month. burning through los angeles county. >> carley: cheryl casone is here with more. >> cheryl: in particular the malibu area, famous 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 rest

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look the federal reserve kicking off meeting today two-day meeting let's talk about macrostory cheryl casoneurable goods numbers, just hitting the tape. cheryl: yeah headline month-over-month got me got attention, this is really what we're seeing a little bit of pressure, negative 2.2%, december durable goods month-over-month, expectation was a jump of .6%. so that is one thing. that is the big headline entire report, if you strip out transport, the month-over-month lighter than expected, up .3% street looking for a gain of .4%, but then core capital goods month-over-month came in up a half percent street looking for .3%, again, it really is that headline month-over-month negative 2.2 the concern manufacturing industry,, maria, durable goods this caused appliances machinery furniture but downturn in manufacturing larger economic picture back to you. maria: great points all around, and eric your take here because if we're seeing a decline in some big ticket items costing so much what does that mean for decision-making from the fed jay powell will speak tomorrow at 2:30 pm eastern after two-da

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

s.cheryl: good morning, i'm cheryl casone e i'm in for maria bartiromo. it is thursday, january 2nd. breaking news at 6:00 a.m. eastern time. tragedy to start the new year, 15 people confirmed deand at least 30 more injured in a suspected terror attack in new orleans. police say a former army veteran used a truck to plow through new year's revelers before being killed in a shootout by police. in las vegas, one person is dead after a tesla cyber truck stuffed with explosives blows up in front of trump tower. taking a look at futures, we see futures in the green substantially to start off the new year, dow up 195, nasdaq up 162. s&p is up 34 and change. 2024 did see a blockbuster year, all three major indices finishing with double digit gains, the nasdaq seeing a nearly 30 point rise. we'll get investor outleak for 2025. oil prices are up after seeing a 3% decline over the last year. both are in the $75 range. take a look at european markets, there's a mixed story over there. all of those markets are in the red. and into asia overnight you do have as you ca

conversation all morning long capital president david tawil is here "fox & friends" top pyro in cheryl casone, "mornings with maria" is live right now. ♪ >> we kicking off with a hot topic of the hour investors are reeling over the emergence of deepseek the chinese a.i. chat that offended markets yesterday closing of record selloff in nvidia another technology stock take a look at nvidia up about 5% this morning after the huge solo the app sparking a wider conversation about the u.s. china technology race as deepseek was supposedly created for a fraction of the cost of american versions president trump speaking from terrorist florida yesterday. watch. >> the release of deepseek a.i. from a chinese company should be a wake-up call for our industries that we need to be laser focused on competing to end we always have the ideas and were always first i would say that's a positive development. instead of spending billions and billions you will spend less and come up with the same solution under the trump administration we will unleash the tech companies and dominate the future like never before. m

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

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

lonski group founder john lonski, national review staff writer caroline donnie and fox business cheryl casonet now. ♪ could kick it off with a hot topic of the hour to three days until inauguration day where president trump begins his second term some of the key cabinet facing a busy week on capitol hill for the senate confirmation hearing this week that apartment upon the insecurity secretary kristi noem will sit before the senate homeland security committee this morning at 9:00 a.m. eastern yesterday interior secretary doug burgum and energy secretary choice chris wright have their hearings highlighting the plan to unleash american energy under a second trump administration. >> president trump energy dominance will in those wars abroad and will make life more affordable for every family in america by driving down inflation. president trump will achieve those goals with clean air, clean water and protecting their beautiful land. >> previous administrations have viewed energy as a liability instead of the immense national asset that it is free to compete globally we must expand energy product

cheryl casone with the details. >> south korea's president facing charges of leading a rebellion.ding the order hours later due to a backlash. he claims it was meant to raise awareness of the opposition political party obstructing his agenda. he is the first ever sitting south korean president to face an indictment and criminal charges. the final confirmation vote for treasury secretary nominee scott bessent is set for today in the senate. this after friday's confirmation of pete hegseth to be the second of defense, the senate confirming kristi noem to lead the department of homeland security. confirmation hearings are scheduled this week for robert f. kennedy junior as secretary of health and human services, howard lutnick as commerce secretary and former georgia senator kelly loeffler to lead the small business administration, and tulsi gabbard as director of national intelligence. all of that underway this week. president trump signing an executive order to drastically overhaul fema in the wake of major disas disasters hitting bh coasts, donald trump said they have lost their v

folks, i hand it over to my colleague, cheryl casone, in for liz claman. it's going to be a rocky hour go. we'll hold on. cheryl: yeah. more than 6000 points down on the dow -- charles -- 600 points. traders looking for cover. i'm cheryl casone in for liz claman. the jobs report dimmed hopes for two rate cuts in this year. major averages are now turning negative for the year as the dow and the s&p 500 having their worst day since december 18th. we're going to have all that market news and more coming up in moments. but we do have to start with the deadly story out west. a sixth fire broke out today called archer after the other five wildfires ripped through southern california leaving a trail of death and destruction. the unprecedented 4-day inferno that has swept across l.a. county has damaged or destroyed more than 99,000 structures and killed -- 9,000 structures and killed at least 10 people. fox business' max gorden has been following the flames all week and joins us live from california. max, what is the latest? what are you seeing? >> reporter: well,

cheryl casone with details now. >> roughly, maria. they had a double beat.reatmstreet. they are hurt by jet fuel prices. they had a misstep and that's hitting them, stock is down almost 10%. senate committees are meeting to consider more nominees for president trump's nominee including doug collins, lee zeldin and interior secretary choice doug burgum. trump tapping former restaurant ceo andy p puzner ambassador to the eu. tmeanwhile, newly sworn in secretary of state marco rubio is planning his first international trip to panama where trump has set his eyes on taking back the canal. billionaire frank mccourt defining his bid for tiktok saying his project liberty consortium is open to buying 50% share of the chinese owned app after president trump said he would like the u.s. to own half of a joint venture for tiktok. mccourt saying he would move tiktok to his platform and to give users total control over their data. meanwhile, president trump is now down playing tiktok's security concerns. he spoke with sean hannity last night. >> tiktok is going to be sold,

sign executive order today regarding servicemembers discharged over refusing to covid vaccine, cheryl casoneident trump clifrg on promise to reinstate servicemembers discharged a new executive order will reward rank walk pay benefits from 2021, 23, over 8,000 troops removed under biden administration mandate 43 returned after ban lifted trump says this rights a wrong shows commitment to militarily heroes who stood their ground. >> sustainable set for super bowl 59, a familiar match, egges face kansas city chiefs looking for repeat broadcast on fox exciting for both teams. watch. >> a big, play -- here is barkley. >> [cheers and applause] >> touchdown! >> there it is. >> fly eagles fly to super bowl 59. >> the line, this is in the air complete. -- the home, and -- cheryl: clinicched it faced in are super bowl lvii this super bowl on sunday facebook 9 new orleans superdome, top tickets going for 56, 400 dollars loft praise 7, 479. hollywood actor glenn close concerns about ai in hollywood called tier figurative at festival warned could erase jobs doesn't want image voice re instructed, nicolas

welcome back, president jimmy carter's funeral in capitol this morning markets closed in observance cheryl casoneght, maria, president cartel's funeral this morning 12u6 a.m. eastern time national 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 hopk

create market volatility in a big way, breaking news right now retail sales acrossed the tape cheryl casoneer-month coming in lighter than expected month-over-month, up .4% looking for .6 x autos up .4% waiting on year-over-year read i will get there a to you core retail sales jumping .7, estimate was .4, initial claims 217,000, above 210 the estimate 1.859 million continuing that is weaker, weaker-than-expected 1.8 for -- said, by the way, for january, came in 44.3. we were looking for negative 5. and last month 16.4 that is interesting little data point also import export prices much in line up .1 month-over-month and .3, year year 3% never get estimate for that that is up 3%, last month was 3.8 year-over-year came in weaker the year-over-year number weaken last month back to you looking at initial data from december holiday shopping target came out this morning said, our sales jumping by 1.5% but to profit outlook is the same. . what does that say? people looking for deals they went out for black friday might have gone for cyber monday spent less an interesting component as we get ready

cheryl casone has details. >> cheryl: we didn't have those fireworks in scott bessent's hearings, i'mboring because treasury is important to many things in our nation and scott bessent laid out what he will do as treasury secretary. that golden age. here is what that meant, he said create jobs and prosperity for all americans. two main things tariffs and taxes. listen to his message of optimism. >> today i believe that president trump has a generational opportunity to unleash a new economic golden age that will create more jobs, wealth and prosperity for all americans, perm nancy and forward guidance give people srnlt, capital investment, hiring, real wages, employers want to keep, train and expand the workforce. everyone wins. >> cheryl: he talked about what matters to the average american. with extension of tax cuts, which is on congress' shoulder, he said if tax cuts are not extended it will be devastating for small businesses. >> todd: he made the point, small business pulling in 400,000, they are not making tons of money, if you let tax cuts expire, that small business is probabl

. >> carle cheryl casone is here. >> cheryl: now he said and this is president trump, february 1, listenut a tariff of 10% on china based on fact they are sending fentanyl to mexico and canada. probably february 1 is date we're looking at. for mexico and china talking about approximately 25%. >> cheryl: so the "wall street journal" putting out article talking about how trump is pushing for early renegotiation of the deal with china. companies are putting together war rooms, the journal is talking about it this morning, to figure out how to handle tariffs. 3m, post-it notes, they said we are exporting moreoverseas than importing, half is coming from canada and mexico, they need to know how to handle this. the president said february 1 we're talking about it, peter na navarro said there is time that will be needed to implement these. is this really a threat, negotiating tool or going to be put down in paper? for business communities for wall street, we need it in writing on the page from the white house. there is difference in what business groups are seeing. >> todd: you can't be predicta

. >> 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

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 numbe

cheryl casone from fox business is here with details. e it should be unanimous like marco rubio was. >> cheryl: scott scott bessent not a controversial pick. others will be. scott bessent is not seen as one of those. he is expected to be confirmed today. scott bessent has been defending the tariff issue. the tariff on mexico and canada, 25% proposal is a hot button issue the right now. g goldman sachs said 20% chance that trump would put these tariffs on. now trump administration are saying they need to go into effect this saturday. tariffs first, negotiation second. many on wall street thought negotiation first and then tears, we'll see. w "wall street journal" said that one thing there is a problem with tariffs, it will hurt recovery relief and building for los angeles and north carolina where president trumps on friday. he promised to help rebuild faster by dropping threat to impose 25% tariff on mexico and canada that would make disaster recovery slower and more expensive. wood used mostly is from canada. there are environmental regul

cheryl casone joins us from fox business. >> cheryl: if i invented internet, i wouldn't be here righte are plenty of people that could ban together to buy tiktok. tiktok has value, 50 billion is a good number. i had kevin o'leary on mornings with maria on monday. he told bill and dana $20 billion on the table, 50 billion, sure. who will be part of this? frank mccourt has been working with kevin o'leary. he told axios that mr. beast, this youtube star, a wealthy man, will be part of this, too. he is entrepreneurial and we welcome everyone. listen to president trump talk about the issue of tiktok, china and spying and then i'll wrap this together after. >> president trump: you can say that about everything made in china. telephones are made in china. so many things are made in china, why don't they mention that? interesting thing with tiktok, you are dealing with young people. >> sean: they love it. >> president trump: is it that important for china to be spying on young people? >> sean: i don't want china to spy on anybody. >> president trump: they make your telephones and computers, t

cheryl casone from fox business is here with details. ing 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

we're almost out of time, so i'm about to hand it over to cheryl casone. cheryl, it's yours. continue with the breaking news that stuart just brought to you, president trump's inauguration has moved indoors to the capitol rotunda due to the freezing weather that is forecast to hit the d.c. area on monday. i want to bring in live chad pergram on cap

. >> ashley: cheryl casone from fox business network, hi, cheryl. >> hey, guys, good morning to both 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 production

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

i'm cheryl casone in for maria bartiromo. friday, january 4, it is 8:00 a.m. on east coast president trump sending a message to big banks jp and bank of america addressing directional at world economic forum in davos quite 45 minute address to the forum. >> president trump put big banks in the hot seat all the way in davos from the white house, grilling them about why conservatives are complaining they are being iced out from business at major financial institutions. >> many conservatives complain the banks are not allowing them to do business within the bank and that included a place called bank of america, i don't know if regulators mandate that because of biden but you and jamie i hope you open your banks to conservatives what you are doing is wrong. >> banks say hands tied who they do biggest with, and don't, because of of federal regulations, bank of america saying in a statement we are required to follow extensive government rules and regulations, that sometimes result in decisions to client relationships we never close accounts for pill reason jamie dim

cheryl: good morning i am cheryl casone in for maria bartiromo. it is tuesday, january 21, it is 8:00 a.m. on the east coast, it is time for hot topic of the hour trump signing a slew of executive orders on first day of new term, laying the economic groundwork for what he calls the golden age of america "fox business" weared lawrence at the white house with details good morning. the sun is rising in washington. >> it is -- we're going to see what day two has in store i can tell you lights on in residence when i got here 5:30 in the morning maybe president trump had new things going to see, lay out today, but he had orders executive orders rescinded 78 actions by previous administration some that changed in the orders executive actions, closed the border the security, for security reasons reversed ev mandate lowering cost for american people for government agencies signed executive order stopping new regulations from going forward plans to eliminate a non for every won new one created signing executive orders said plans on tariffs, the president sa

cheryl casone with details now. a, 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 servi

cheryl casone with the details now. cheryl. >> that is right, maria.tment firing more than those dozen officials who worked on former special counsel jack smith's team that prosecuted president trump. acting attorney general james mchenry said the officials could not be trusted to faithfully implement the president's agenda. it's unclear how many people were let go. smith was appointed special counsel sell by merrick garland in november of 2022. owe charged trump in his classified documents case and election interference case. the president pleaded not guilty. both of those cases were dismissed. well, you've already grabbed your morning coffee at star starbucks, you may have noticed changes. the coffee giant bringing back self serve condiment bars, customers can add cream, milk and sweeteners to their drinks. you can get refills. it's part of an effort to reconnect with customers who were very vocal about when they wanted to see change. the stock is down half a percent this morning. first lady melania trump's official white house portrait has been rele

maria: welcome after watching the israeli situation were hostages to be released this week cheryl casonethings have been changing fast, hamas agreed to release three more is really hostages this thursday and saturday that does include israeli citizen another additional hostage in return israel is now allowing tens of thousands of palestinians to return to northern gaza today, there were tense negotiations about this over the weekend, israel is accusing hamas of violating the cease-fire agreement they say one female hostage slated for relief was supposed to come home this past saturday that led to the attention the white house cease-fire between israel and lebanon has been extended until february 18 at this point, newly installed marco rubio hitting the brakes on foreign aid causing all funded by into the state department this follows president trump's executive order to reevaluate how the u.s. allocates foreign aid, rubio said every dollar must answer the questions does it make america safer, does it make america stronger and does it make americans more prosperous he calls a realignment

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

homeland security advisor michael balboni the lonski group founder john lonski in fox business cheryl casoneive right now. we kick it off with breaking news this morning. ten people are dead and more than 10000 buildings damaged or destroyed as a los angeles wildfire is still burning up the region a new fire in san fernando valley prompting more evacuation orders this morning firefighters beginning can to contain the policies fire which scorched 20000 acres so far, they have contain the fire by 6% containment so far what's been destroyed is the same size as new york city. 20 looters have been arrested in l.a. county for stealing and devastated residents district attorney nathan hochman responding. watch was mimicked they will be invested and prosecuted maximum punishment against him. those people that wanted take advantage of the tragedy are despicable. i want to say in fair warning right now so there's no misunderstanding about how they will be treated. >> robert ray is live right now in malibu with the very latest where it looks unrecognizable. >> good morning. indeed smoke-filled air in t

cheryl: good morning cheryl casone even for maria bartiromo. monday january 20, 70 him on the east coast. it is inauguration day. it is time for the hot topic of the hour. some of president-elect trump distinguished guest's top players and big tech. fox business hillary vaughn live on capitol hill with a lot more. good morning, here we go. >> president-elect trump is not wasting a moment. today is a momentous and historic day for the celebration and also a time to get to work trump says he's going to deliver for the american people, the best first day biggest first week in extraordinary first 100 days of any president within the first hour and a half of being sworn in as the 47th president, trump is expected to sign 200 executive actions ranging from border security to energy production. >> every radical and foolish executive order of the biden the administration will be repealed within hours of when i take the oath of office. somebody said yesterday don't sign so many in one day. let's do it over a period of weeks and i said like hell were goi

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

i want to thank everybody today for being here, todd piro, chris mcmahon, and cheryl casone.: good morning, maria, good morning, everyone. a new fire erupted in the los angeles area. this one is called the auto fire and it broke out in ventura county. the wind is picking up again. gusts of 50-60 miles an hour forecast that has everyone worried about fires jumping quickly from one place to another. many evacuees can't return because they don't know where the fires break out next. there's also a developing problem with

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

left office, georgia the conversation already long strategic wealth partners ceo mark tepper, cheryl casoneornings with maria" is live right now. ♪ president trump addressing the world economic forum today and davos said 11:00 a.m. eastern he will speak by videoconference with a short discussion featuring question for bank of america brian waiting and in annable teen among others, trump joining sean hannity for the first sitdown interview for the inauguration in the oval office, he discussed reconciliation in the importance of extending the tax cuts. watch. >> i like the concept of the one bill it could be something else it could be a smaller bill in the big bill but as long as we get to the right answer. i will say los angeles has changed everything. a lot of money is going to be necessary for los angeles. if they don't work with us on the trump tax cut extending that would mean the taxes will go up more than any tax hike in the history of our country but they will find us on that it's incredible they don't use common sense. in my opinion the democrats don't use common sense. joining me no

cheryl casone he, all yours. cheryl: we begin with this.ald trump signaling america is back on the world stage

that's it from us, but in three seconds, cheryl casone will appear on your screens. it's yours. oing on we'll pick-up on what you're talking about with the markets. 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

liz peek, michael lee and cheryl casone we will see you tomorrow. see you tomorrow morning, "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 help, trump is likely to demand change before taxpayer money is handed out to california. it is started already, sunday gavin newsom ended onerous environmental regulations for rebuilding. when questioned he refused to say the buck stops with him. another big story this monday morning, the market selloff for the nasdaq. the dow is looking for a job at 50 points, nasdaq 40 but look at the nasdaq down over 20 points, here's the problem interest rates rising the tenure yelled moving up to 4.77% as for the two-year treasury that yield coming in at 440 that is cro

cheryl casone it with the details. >> president biden calling for cease-fire as he takes the call withning over the weekend, biden calling for the return of all hostages there will be terror group hamas says it will not release anyone without a clear path to ending the war. negotiations are ongoing in doha and have been tough with hamas all we down the process but israeli negotiators are expressing cautious optimism that a deal could possibly get done. president-elect trump making it clear that the hostages must be released before his inauguration. his pick for middle east envoy steve wycoff attending talks and ohio this weekend. an illegal migrant caught using a blowtorch during the l.a. wildfire under arrest the man was seen riding a bicycle through neighborhoods shooting out planes from a flamethrower, good samaritans detaining him until police could come. ice sources say the suspect is mexican national bond would yell sierra california century state laws could block his detainer request. santa monica police have arrested 39 people for crimes and wildfire evacuation zones including

welcome back chinese hackers gaining access to top treasury official files including janet yellen, cheryl casoneion about the attack last year but the chinese on the treasury more than 3000 files including ones that belong to janet yellen access during the breach, officials put the brief in place yesterday with house financial services, this is a close to classified briefing. we know the attack came through third-party vendor and it targeted top agencies like the committee on foreign investment, this comes as china posted a record $1 trillion trade surplus for 2024 that triples the level in wall street journal said china makes 27% of the worlds good from a production standpoint, it estimates it could be 40% by 2030 as you know president-elect trump has talked about 60% tariffs on china to stop the dominance. jeff bezos lou origin rockett the blend successfully launching this morning from cape canaveral after scrubbed attempt earlier in the week something bezos into the private space race challenging elon musk spacex, blue origin said the mission goal was simple, get into orbit safely and promise

york prosecutors have hours to respond to trump's house many case filing to the supreme court, cheryl casoneattan das house until 10:00 a.m. eastern time to respond after president-elect filed an emergency petition asking the supreme court to block the sentencing and the near criminal trial which is scheduled for tomorrow. trump's legal team argues it should be delayed over presidential immunity the decision will come as attorney general merrick garland says he intends to release the first volume of special counsel jack smith's report on the federal election case if and when the 11th circuit court allows them to do so. the deal has been struck between the dockworkers and shipping companies ending months of bitter negotiations and a strike that could've paralyzed ports across the country and includes a 62% pay raise over six years with both sides saying to protect jobs well support monitoring station at three day strike last year that disrupted the ports of new york, new jersey gratification is still need a buffer now dockworkers will keep going to work under the current contract. president b

cheryl: good morning, i'm cheryl casone, i'm in for maria bartiromo. it is friday, january 24, 7:00 a.m. on the east coast. time now for the word on wall street, top investors watching your money. joining me now is former gartman letter editor and university of akron endowment fund chairman, dennis gartman. also with me is john lonski. first, american express earnings are crossing the tape. we have the numbers. >> for the quarter, revenue up 9% to about $17.2 billion, right in line with expectations. eps up about 16% to 304, for the year similar story, ref knee inn line, up 9% to 66%, eps up 25% to 1401 for the full year. i think more importantly, cheryl, they're issuing guidance for 2025, that's always what investors want to hear about what business looks like going forward. they're project projecting revee growth of 8 to 10% going forward, eps of 1 15 to 15, 50a share. what investors like is increasing the quarterly diffdividend to 82-cents a commn share. we spoke with the ceo. he gave us a look inside the numbers. he had some interesting quotes when