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 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

cheryl: interesting.with this because president-elect trump telling his advisors he wants to travel to cla china in his firs0 days in office. trump and xi spoke by phone friday, discussing trade, tiktok and other issues. i want to get your take on the timing with regard to tiktok and the supreme court up408ding the ban on friday and -- upholding the ban on friday and donald trump reinstating the app yesterday, giving them permission to come back. >> yeah, i mean, i'm all for open lines of communication with china. it prevents there being accidents or miscommunications that could potentially lead to conflict so i think that's good. i mean, if the president wants to make that his first trip this year, that also is absolutely his right to do that. i think with tiktok, it will be interesting because you do have a range of views in congress for example which of course passed this law, banning tiktok. at the heritage foundation we've done a lot of work on what is so pernicious about this algorithm that becomes

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

cheryl: good morning, i'm cheryl casone, in i'm for maria bartiromo.is tuesday, january 21, 7:00 a.m. on the east coast. it is time for the hot topic of the hour. president trump signing dozens of executive orders on his first day in his new term laying the economic ground work for what he calls the golden age of america. fox business' edward lawrence is live from the white house with all of the latest. i think we're going to need a large spreadsheet going forward, edward, with all of these executive actions. >> reporter: we certainly are. i'm still going through a lot of these executive actions to see exactly what the details of them are but the president taking sweeping action yesterday to reverse much of what the previous administration did. in fact, president trump signing the executive orders and executive actions rescinding about 78 executive actions by the previous administration. now, those include executive orders and actions closing the u.s. border, reversing electric vehicle mandates and making lowering costs for the american people a direct

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: all right.are going to watch the work speaker johnson on that, and, of course, the republican group together if they can come together, immigration krumz enforcement making at least 540 arrests yesterday as border changes take effect careline leavitt saying on x, that did deportation flights have begun, in the first three days the administration at the southern border 35% lower than they were in finality 3 days of biden administration the president wants to spend upwards of 10,000 troops to southern border or white house reported by "the wall street journal" dpeking pentagon to begin border wall construction his executive order bans birthright citizenship that was yesterday, your thoughts. >> my thoughts are president is doing exactly we said he was going to do from campaign going to use everything at his avail to make sure he is stopping, the flow of illegal drugs across border stopping the human trafficking that happens as a result of this, stopping the cartels that are exploiting open border

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

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: yeah., already has nicole malliotakis thank you so much for joining us on inauguration day we appreciate it great to see you we'll be right back, everybody. >> thank you. . the way i approach work post fatherhood, has really trying to understand the generation that we're building devices for. here in the comcast family, we're building an integrated in-home wifi solution for millions of families like my own. in the average household, there are dozens of connected devices. connectivity is a big part of my boys' lives. it brings people together in meaningful ways. . >>> new this morning we look at live pictures theirs blair house in washington last night president-elect donald trump melania trump soon tore fis lady, at blair hours across the white house woikt departure heading to st. johns church attending a service there, then to blair house the white house, and from white house they will head to the capitol inauguration ceremonies getting underway just after 10:00 a.m. eastern time, of cours

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: are you supporting one bill or two when it comes to reconciliation.ig beautiful bill but the larger the more complex and the longer it will take to pass whether it's one, two or seven has to be outcome driven and that's what i'm looking for. >> the majority that the republicans have is slim we will see how it goes with negotiations. thank you for being here we have a lot more coming up, the future of artificial intelligence under a second trump administration robotic ceo in cofounder is here live from davos switzerland on the expectation and the next move for his company you are watching "mornings with maria" live on fox business. ♪ >> "mornings with maria" and davos switzerland were up early with the brightest minds across the business and political world bank of america ceo brian moynihan, david rubenstein the president of poland in service now ceo bill mcdermott among our guest "mornings with maria" on fox business invested in you as your host, i have some rules. first, no showers longer than 5 minutes. this isn't a spa. (laughs) that's a rule. mea

cheryl: why?use i was expecting a lot of business items that is what we hear from president the truth is these are some of the things, that critics have been saying have been a waste of money. cheryl: right the plan look at walmart, i think that is the thing is by it is not brooke mentioned contractors, i mean it is grants, government grants think of money underneath all that. adam: i think yeah. i think the message here is very clear. we're getting back to business. enough with social engineering with distractions if dei out esg should be on chopping block as well, i think already is, we are seeing that in aboard rooms corporations getting back to business of being in business. it is not about doing you know, right by various social mories it is doing right by shareholders there have been so many distractions past four years an administration that wanted to prioritize again all this social engineering the other thing i really am not happy about i am glad that we are getting over this dei we were

cheryl: thank you maria thank you to saira malik from davos. underway as ice arrest 500 illegal migrants in one day we have the details, you're watching "mornings with maria" live on fox business. ♪ information with big government. join them as owners in old glory bank - the pro-america online bank that protects your privacy, security, and liberty. invest today at own.oldglorybank (luke) homes-dot-com is a new, elevated home-shopping experience. it's the only site that always connects you to the listing agent. feels like a work of art! (marci) what about the app? (luke) uh-oh! (marci) wow! went all in on gold. (vo) ding dong! homes-dot-com. we've done your home work. the way i approach work post fatherhood, has really trying to understand the generation that we're building devices for. here in the comcast family, we're building an integrated in-home wifi solution for millions of families like my own. in the average household, there are dozens of connected devices. connectivity is a big part of my boys' lives. it brings people together in meanin

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:

cheryl casone from fox business here with details. carley: i thought we were going to hear from donald trump, but cheryl casone is excellent, as well. >> cheryl: 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

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

maria: important concern for sure, cheryl, thank you.st between the biden and trump joe biden versus donald trump noticing how much president trump has got done fers week politico rights as fast as movers changed white house furniture from invisible president unable to command spotlight to omni present one wants public attention trump touting first 100 hours historic second term on x. >> for american citizens, january are 20th, 2025 is liberation day. [cheers and applause] >> everything we do my administration will be inspired by strong pursuit of excellence unrelenting success, america will reclaim its rightful place as greatest most powerful most respected nation on earth i am with you i will fight for you. i will win for you we will not be conquered we will not be intimidated we will not be broken and we will not fail. >> more senate cabinet confirmations this week, the vote for treasury secretary nominee scott bessent expected today, he will be confirmed likely today, hearings scheduled this week for robert f. kennedy, jr., howard lu

. >> 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

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

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

cheryl is that mother and joins me now. cheryl, thanks for being here.ter's reaction when she was told this ra is a biological male and he will be in her personal space, in her dorm, the bathroom and the like? >> she was so distraught, she told me she thought there was a man that moved into her apartment. before she came home for christmas and entire christmas break, she was so distraught about it and she wasn't sure that was the situation and honestly, it is not that i thought she was lying, i thought she was mistaken. i never in a million years thought the university would put her in that situation. it was a huge shock. actually i think when it was confirmed, when she came back on that thursday before classes started and i went into mom mode, she was really relieved that someone was taking it seriously and going to take care of her. >> todd: mom, talk about that, as a parent what goes through your mind when you send a child to a college, university, thinking they will be taken care of and something like this happens? >> as a parent, we trust our childr

his first what, cheryl?> back in 2017, sorry, back in 2017, donald trump's first foreign visit as president that year was to saudi arabia so this relationship goes back 10 years. maria: for sure. yeah. for sure. and i also think president trump with the abraham accords was something very important to the saudis and back then people were thinking that the saudis would be next in terms of joining the abraham accords. there was peace in the middle east. it's extraordinary that you hear the saudis crediting president trump for that hostage deal, mark. when you're talking about this kind of investment that we are, $1.1 trillion, you have to point back to the fact that president trump is a businessman and that's what this is all about and that is why having a businessman in the oval office will yield such investments because they understand that they're going to be investing and their money will be treated well with deregulation, tax cuts coming, tapping into america's energy capacity, all of the president's prior

maria: mark and cheryl it's been a great show. have a great rest of the day.s it up now, brian brenberg in for stu. brian: good morning, everyone. i'm brian brenberg i

it is real. >> cheryl: it is. it will take time.about this, his response was president trump just went into office last week. >> it will take a little time. the president has been president all of five days. one main driver of increased prices under biden, massive increase in energy prices, donald trump has taken multiple actions that will lower energy prices and i believe that means consumers will see lower prices at the pump and grocery store >> >> cheryl: it will take time to restart lng exports and get pipelines going and drilling projects underway, take time for nuclear energy to come online. all thicks we talked about he wants to do, give it a minute. it will take time to rebuild timber industry in the united states. it is going to be a little time before prices come down. it is only 15 minutes until you appear on mornings with maria. don't miss it. carley, over to you. >> carley: thank you. week one of president trump's second term in the books. take a look at promises he's delivered on. he's taken stepses to crease border se

what is it about this cheryl, this - it about this cheryl, this lying, all of that element that getsxcited? i think it's the fact that we _ gets people so excited? i think it's the fact that we who - gets people so excited? i think it's the fact that we who are i it's the fact that we who are watching know what's going on for the and were like, obviously they are traders. when you're in the game you're trusting your fellow team—mates were looking at you in the eye and say i'm not a traitor, i'm and say i'm not a traitor, i'm a faithful. we at home get so wrapped up in it for the it comes this big thing. i think everybody loves the show because they can also see a part of themselves in someone who is playing. sometimes you get people who cry to show you that they're not a traitors. some people get a passion. some of very divisive. it’s some people get a passion. some of very divisive.— of very divisive. it's very interesting _ of very divisive. it's very interesting to _ of very divisive. it's very interesting to watch. - of very divisive. it's very interesting to watch. i i of very d

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

cheryll comes in the house and says... hey, babe, i need you to come out here right now. canyon above the house she shares with husband jeffrey in a suburb of los angeles. oh, no! high winds were threatening a catastrophe and their doorbell camera captures what happened next. we discussed things that we couldn't leave behind. essentially, we needed to to leave as quickly as we could. sirens blare by now, word was spreading very quickly that danger was approaching from the canyon. neighbours went banging on doors, raising the alarm. david stover was in the middle of dinner. we came out and we could see the fire, you know, from here. j do you think they saved your life? they gave us a head start. right. you know, about five minutes. so that makes a difference. please, god. please, god, save us. save our house. five minutes — precious extra time to escape. given thatjust a few minutes later, as jeffrey and cheryll fled their home, the fire had turned into a monster, becoming one of the largest that's now devastated the metropolitan los angeles area — the eaton fire. eaton wa

cheryll comes in the house and says... hey, babe, i need you to come out here right now. ku had spotted a fire in the canyon above the house she shares with husband jeffrey in a suburb of los angeles. oh, no! high winds were threatening a catastrophe and their doorbell camera captures what happened next. we discussed things that we couldn't leave behind. essentially, we needed to to leave as quickly as we could. by now, word was spreading very quickly that danger was approaching from the canyon. neighbours went banging on doors, raising the alarm. david stover was in the middle of dinner. we came out and we could see the fire, you know, from here. do you think they saved your life? they gave us a head start. right. you know, about five minutes. so that makes a difference. please, god. please, god, save us. save our house. five minutes — precious extra time to escape. given that just a few minutes later, as jeffrey and cheryll fled their home, the fire had turned into a monster, becoming one of the largest that's now devastated the metropolitan los angeles area — the eaton

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

cheryll comes in the house and says... hey, babe, i need you to come out here right now.ouse she shares with husband jeffrey in a suburb of los angeles. oh, no! high winds were threatening a catastrophe and their doorbell camera captures what happened next. we discussed things that we couldn't leave behind. essentially, we needed to to leave as quickly as we could. sirens blare. by now, word was spreading very quickly that danger was approaching from the canyon. david stover was having dinner when the neighbours came calling. we came out and we could see the fire, you know, from here. j do you think they saved your life? they gave us a head start. right. you know, about five minutes. so that makes a difference. please, god. please, god save us. save our house. five minutes. precious extra time to escape. given thatjust a few minutes later, as jeffrey and cheryll fled their home, the fire had turned into a monster, becoming one of the largest that's now devastated the metropolitan los angeles area — the eaton fire. eaton wasn't the only monster burning. there were multiple

cheryll comes in the house and says... hey, babe, i need you to come out here right now.ir doorbell camera captures what happened next. we discussed things that we couldn�*t leave behind. essentially, we needed to to leave as quickly as we could. sirens blare. by now, word was spreading very quickly that danger was approaching from the canyon. neighbours went banging on doors, raising the alarm. david stover was in the middle of dinner. we came out and we could see the fire, you know, from here. j do you think they saved your life? they gave us a head start. right. you know, about five minutes. so that makes a difference. please, god. please, god, save us. save our house. five minutes — precious extra time to escape. given thatjust a few minutes later, asjeffrey and cheryll fled their home, the fire had turned into a monster, becoming one of the largest that�*s now devastated the metropolitan los angeles area — the eaton fire. eaton wasn�*t the only monster burning. there were multiple fire fronts and the authorities were struggling to cope. then a stroke of luck. hurrica

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

>> cheryl: how this plays out today will be interesting. 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 unchartered territory, when it comes to nationalizing this

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

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