edward lawrence is there and joins us by phone.e we expecting if anything to come out of these talks? >> or talks. that's what they are trying to do. i was on the plane, flew with the treasury secretary. she's preparing for a whirlwind of meetings, an official tells me she plans to meet with the new vice premier halt of thing and climate investors in china as well as american business investors tomorrow. finally she's expected to talk with limit economists of china about the profession the trip comes as tension rises with the chinese upset about tariffs we have a place in certain goods, the chinese want the most advanced semiconductors and technologies from the u.s., something the biden administration has banned. >> used to be number one in the world, research and development. that's what we were known for. now we ranked number nine in the world. china decades ago was number eight in the world, now it's number two in the world and other nations are closing in fast. >> so because of those actions three days ago, china announced it w

ashley: edward lawrence in beijing, thank you so much for that. michael pillsbury now. good to see you, michael. we heard all sorts of expressions from edward's report there. you field a crocodile, it's still going -- feed a crocodile, it's still going to eat you. do you think secretary yellen is accomplishing anything here? certainly, china, is it a competitor, a partner or just a plain adversary? >> well, as i have said to you before, ashley, their perceive janet yellen as their friend. they see her as a pro-china voice and the advisers around president biden. so what they're doing here is a larger strategy. the chinese are simply refusing to negotiate. they won't enter into talks at all. they're refusing to restart the military channel to try to prevent accidental war. why? because we have sanctions on their defense minister. so this kind of trip is really a hopeless maneuver, in my view, because there's no actual negotiations going on. what president trump did, i think because of his real estate background in new york, he really forced hawaii

edward lawrence on -- powwow.at became of that. >> reporter: well, seven major companies investing in artificial intelligence agreed to to self-regulate any new rollout of this technology, massive companies like amazon, google, meta-- which owns facebook -- microsoft, openai, anthropic and inflection. microsoft president brad smith believes this will be enough to make people feel more comfortable about using a.i. and will limit abuses. >> i think the steps today give us the opportunity to help insure that the opportunities from a.i. keep pace with the risks, even go ahead of the risks. and i think that's fundamentally what we should all aim to achieve. >> reporter: all seven of the companies agreed to add water marks on anything generate by art artificial intelligence which would identify which product would make a video or audio so consumers will not be fool. the companies agreed to exterrible testing by an expert in the specific fields where a.i.'s being used with the results being made public, also increasing i

edward lawrence with us, he's at the white house. the white house about bidenomics, what are they saying? >> they sidestepped. the issue is the wedge between main street and wall street we see the dow finish up 11 straight days in a row, the biggest win since 2017 but then you have average hourly workers, average hourly wages falling. 3% since the month president joe biden took office in january 2021 so the president trying to repackage his economy as bidenomics and raise poor poll numbers. under the tenure of this president, the federal reserve has had to go on the most aggressive set of rate hikes in decades with slower economic growth. >> high interest rates and 2% gross affected by economics. >> i'm not going to get into what the federal reserve is going to make a decision on or not it when you see the data, inflation has gone the last 12 months, that's important. while wages are going up, this is bidenomics at work. >> goldman sachs believes there is 20% chance of recession, they been the most optimistic. other analysts are sayi

edward lawrence is with me. is the teachers union shutting down the schools?getting blame for this? >> students who resented the mandatory touchdowns and opened up earlier scored better. new study from the and wea found school academic gains in grades 3 through 8 showed less growth than pre-covid levels, the study found students need an additional four months of math instruction, 4. one months of reading instruction to reach the growth of pre-covid levels. ashley moody says florida bucked the trend. >> one of those states that didn't see this drastic decline in student achievement and student education as a result of the pandemic. even when the unions threatened to bring litigation against the governor and the state of florida, we fought back and kept our schools open. >> look at higher education. a new gallup poll shows americans confidence in education felt a 36% because the cost of college. the department of education close to formalizing a rule that limits federal loans to colleges where students fail turn higher incomes when they graduate. >> does the pre

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edward lawrence has details in a moment. growing concern senator joe manchin will run as a third-party candidate. my next guest says manchin and the no labels movements are disaster for biden and the democrats. the executive editor of the common sense society joins me next. ♪ ♪ my husband and i have never been more active. shingles doesn't care. i go to spin classes with my coworkers. good for you, shingles doesn't care. because no matter how healthy you feel, your risk of shingles sharply increases after age 50. but shingrix protects. proven over 90% effective, shingrix is a vaccine used to prevent shingles in adults 50 years and older. shingrix does not protect everyone and is not for those with severe allergic reactions to its ingredients or to a previous dose. an increased risk of guillain-barré syndrome was observed after getting shingrix. fainting can also happen. the most common side effects are pain, redness, and swelling at the injection site, muscle pain, tiredness, headache, shivering, fever, and upset stomach. sh

edward lawrence of fox business joins us now from the white house with that good evening, edward. >>ening, bret. yeah, congressman jim jordan lifting the vale on a pressure campaign by this administration in a series of posts on twitter unveiling internal facebook emails. smoking gun. >> because the white house was demanding it and they wanted to keep their biden administration. they censored first amendment speech. that's what this clearly shows and, frankly, we got more documents that we are show it even more so we have confirmed these emails. president of global affairs asks why facebook removes claims covid was man made, the response? because of pressure from the administration. another exchange, the same person after creative thinking on being more responsive goodwill on other issues. the surgeon general asked facebook to take down true information about the side effects of the covid vaccine facebook. we reached out to the surgeon's office multiple times center. think tank. university says this crosses the line of first amendment speech. >> but it seems this really is probably t

this is about going green, edward lawrence at the white house take us through the new regulations. >> pictures this is modernization of the oil and natural gas on federal land in actuality what it does roadblocks and discourages investment to the american petroleum institute. in the statement the api tells us this, the action from the department interior is another attempt to add more barriers to future energy production oil and natural gas investment the new rule to be finalized to increase the amount of the statewide minimum bond needed for 4900% from $10000 to $500,000 is dears drooling away from open lands and tries to consolidated your highways and railways in the rule increases by increments rental rates by 67% after two years and from that increases the rate after another six years by 200% and current maximum fees for royalty rates, rental rates in the minimums makes the minimums after ten years the administration says this adds fairness the white house economic advisors mentioned spending and failed regulations. >> with bidenomics in action playing out 35000 investments and 45

white house correspondent edward lawrence joins us live from beijing. >> good afternoon, good evening from beijing, the treasury secretary told the premier of china that china should not let misunderstandings and miscommunication get in the way of good economic and financial rate entered relationship the second ranking member of the communist party. janet yellen plans on listening to china's concerns on a number of topics on export controls of the advanced technology from the u.s., the secretary will not push a u.s. agenda would explain why the u.s. is acting the way it is. earlier she met with business representatives from but weeden bank of america and s&p global. >> the u.s. seeks healthy economic competition with china but healthy economic competition were both sides benefit is only sustainable if the competition is fair. during meetings with my counterparts on communicating the concerns that i've heard from the u.s. business comm community. community. >> china continues to push to finalize roles that will protect the electoral properties of companies. china buys a record of oil h

i'm edward lawrence in for neil cavuto. this i

edward lawrence, thank you so much. have a great weekend.y gained access to the e-mails of thousands of government officials including the united states' ambassador to china, nicholas burns. and, coming up, gop strategists ford o'connell, he's going to be talking about country music superstar jason aldean's new music video for his song try that in a small town. it's stirring up a big controversy next on "the evening edit." but first, let's check in with dagen and sean to see what they've got coming up on "the bottom line. sean: we've got john carney, we want to talk about main street versus wall street, as well as alex epstein breaking down system of the climate alarmism going on in america. a. dagen: and david can webb and lisa boothe, we have missed her, they are on our panel. we will talk about kamala, the justice department suing texas over its floating border barrier and a whole lot more, top of the hour. ♪ the new dexcom g7 sends your glucose numbers to your phone and watch, so you can always see where you're heading, without fingersti

bret. >> bret: edward lawrence, live in beijing. edward, thanks. ♪ >> in tonight's democracy 24 report, age is emerging as a major issue on the campaign trail with an 80-year-old president running for reelection and a 77-year-old republican front runner, many candidates are now showing off their physical fitness and stamina to voters. senior national correspondent rich edson has our report. >> reporter: former president donald trump in iowa this afternoon focusing again on his closest challenger. >> he has no personality, you probably found that out because his polls are crashing. he would be a ca takes controversy for the farmers. >> reporter: trump leads governor ron desantis by more than 40 points in the latest fox news poll. desantis maintains his deliberate approach will pay off once republicans begin voting. >> we'll be making that case over the next six or seven months. i'm running to win in january and february. >> reporter: desantis, unlike trump, is committing to the first gop debate in august. >> i think it's an important

neil: that's two words, edward lawrence. gary kaltbaub talking about artificial intelligence, great to have you. much of the rally we've seen in tech stocks, a new lease on life with anyone with an ai plan, that's dissipating a little bit now. tech the last couple days having a tougher time following the dow. that might change. it is way behind the advances. >> two dates, may 25th was in video day, that workup the ai and anything having to do with it, june 2nd was the next day when the broad market that was lagging so badly, work out of its coma and gets better by the day. the down now, you have things like procter & gamble, johnson & johnson, a big one, we are getting more broad-based areas coming on. we 've seen airlines and cruise lines go vertical, industrials, you name it. it's in the works right now, i will say this. if there's an area that is due to 5% or 10% correction it is the technology area, it has been overleveraged and usually you get some pool backs but trend is up. i don't think the trend gets broken in a big

edward lawrence live from the white house and what specifically are they promising?h, talking about self-awareness, self-voluntary restraining some of the things they're doing in order to roll out ai in a safe manner. this is seven of the largest companies that invest in artificial and technology and some of them, big ones, on the markets there. samson, meta -- am s amazon, me, google, microsoft and open ai and anthropic and inflection, sorry. it's the first step and voluntary step and the president met with them today. the representatives today about that they would co. here's what the president just a little bit ago. >> these commitments are real and concrete. they're going to help fulfill, the industry fulfill the fundamental obligations to americans to develop safe, secure and trust worthy technologies to benefit society and uphold our values and shared values. reporter: exactly what they agreed to is the seven companies agreed to add water marks on anything generated by artificial intelligence. those water marks would identify which product made a video or audio

edward lawrence. >> sandra: deficits are not down.nue to outpace the supply of qualified applicants. many wondering why that's the case. hundreds of thousands of positions need to be filled including the home repair sector, you might have to wait days or even weeks to get critical work done. the owner of gateway plumbing and heating in new york city is here and joins us now. we should thank you for your time. you are highly in demand. >> bill: he is making $25 bucks an hour right now. >> sandra: great to have you here. this is a very real thing and everyone at home no matter where you live in the country are feeling it. we're short tradesmen? >> people aren't being pushed in the trades. when i was a kid it was a good thing that my father was a tradesman and i was learning his trade. kids wanted to do that. parents wanted their kids to do that, to become a trades person and masons, electricians, plumbers, it is a very varied industry the building trades. and it's good, honest work and the pay is -- can be very good. there is -- plus ov

elizabeth e elizabeth edward lawrence, thank you so much.'s welcome to the show tom dupree and sam dewey. good to see to you, gentlemen. first to you, tom. irs whistleblowers, they look stunned. democrats kept trying to bring up trump. the whistleblowers testified they never saw such political interference in all their years at the irs, tom. >> liz, this is absolutely mesmerizing testimony to the, and i'm sure anyone who is watching it couldn't help but rifted. this kind of confirms what a lot of us suspected and were worried was going on behind the scenes. this investigation drugged -- dragged on for years, and to hear it personally from someone who was leading the investigation and said time and again he was blocked, he was stymied, prevented from pursuing the truth, that serious charges were downgraded to more moderate charges, it's so disheartening. and and the fact that this guy is a democrat makes his testimony all the more compelling. elizabeth: joe ziegler testified, a doj political appointee said you can't interview joe biden's gran

edward lawrence, nice to see you, sir. check this out. >> we just released today literally dozens of previously unreleased messages between the top scientists investigating where covid came from. they all believed it was very likely it came from a lab in china. >> sandra: biden administration is finally cutting funds for the wuhan lab over stonewalling the covid investigations. >> bill: other day with north korea is an icbm and now two missiles test fired just yesterday. general jack keane on that on where it's headed coming up next. the right to apply for a va home loan. a va home loan is unique. it's different than other loans because it allows you to borrow up to 100% of the home's value. that extra borrowing power may allow you to pay down debt, lower your monthly payments, put cash in the bank, and give you the peace of mind that every veteran deserves. (vo) consumer reports evaluates vehicles for car shoppers in... ...reliability, safety, owner satisfaction, and road-test evaluations... and the results are in. subaru

edward lawrence is live at the white house with more on that. rd. >> reporter: david, yeah, the real issue, this wedge now you alluded to forming between main street and wall street. as you to said, the dow has now finished up 12 straight days, it's the longest streak since february of 2017. with but average worker still seeing wages fall short of inflation by about 3% since the month president biden took office, january 2021. the president trying to rebrand his poor poll numbers on the economy as bidenomics. the fact is under his tenure the federal reserve had to go on the most aggressive set of rate hikes in decades with slower economic growth. here's the spin. >> unemployment remains at near record lows, and inflation has fallen to 3%. president biden investing in america serving as a wind in the sails of the economy. investments in domestic manufacturing are booming. that's bidenomics in action, and the american people are beginning to feel bidenomics. >> reporter: so goldman sachs is now saying there's a 20% of recession, but they've been al

edward lawrence live at the white house to break this down. >> reporter: yeah.pitching bidenomics in philadelphia. he told the unions there that his force transition will mean jobs. >> a lot of my friends in organized labor know when i think climate, i think jobs. i think union jobs. not a joke. [applause] not a joke. this law is creating millions of good paying, clean energy manufacturing jobs including offshore wind. >> reporter: now, what he fails to tell you is the price tag. a new government accountability office report found 26 approved plans to buy 9500 vehicles will actually cost $500 million more for this fiscal year than if the administration just purchased gas-powered cars. the gao report found that an extra $200 million would be needed above the cost of a gas car to purchase that more expensive ev, then another $300 million would be needed to design and cup grade government buildings -- upgrade government buildings the handle the requirements for new evs. mitch mcconnell says this administration's policies, like the forced transition, only helps chin

i want to go back to edward lawrence. edward, again you had the very best question last time out. now the pressure is on my man. >> reporter: i know. charles: what do you want to hear from jay powell today? >> reporter: that is lot of pressure. danielle said it earlier talking about elevated and inflation in the same sentence. it is about inflation. focus on the core inflation. see if we get hints if core inflation remains sigh ways or elevates goes up a little bit does that lock in a rate hike going forward. chairman is looking how long how higher will the rates stay. the federal reserve traditionally stayed away from rate hikes, rate cuts during election years. next year is election year. are we looking high rates through the rest of this year and and rest of that year, will there be a hint of that. i will try to get in the meeting in the news conference in couple minutes. charles: edward, thank you very much a-bomb shell moments ago, hunter biden's plea deal falling apart. the first son pleading not guilty. former new jersey governor, 2024 presidential candidate chris christie

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first to fox business's edward lawrence. dward. >> we're starting to see the issues emerge from education from all grade levels. a gallop poll shows american's confidence fell to 36% in education. 62% have some or very little confidence in higher education. a part of the reason the cost of college relative to the salary you can make when you graduated. the department of education close to formalize ago rule that limits federal loans to colleges where students fail to earn higher incomes when they graduate. >> does the president blame universities for the a fordability issue and do you think the rule is work something. >> the rule is still in problem. it's going to be proposed and put in place. when it's in place, it's going to go after the worse performers in this space. the colleges and universities that are charging the most and delivering the worst results. >> let's look at grade school, a new study shows students would need an additional 4 1/2 months of math instruction and 4.1 months of reading instruction to reach preco

edward lawrence with us, take us through what is expected today. >> expected to be a very interesting from what the lawmakers are saying. the irs the center of a growing debate organizing government agencies to protect the president and go after opponents. the questions are likely to come up with the house oversight committee hearing today where the second irs whistleblower will be revealed. >> i want to know who's lying. somebody clearly is lying. whistleblowers online, or the attorney general was lying. let's find out which one. >> we are expected to hear how the d.o.j. restricted the investigation into the president's son hunter biden allowing statute of limitation to run out in some cases and limiting scope of it and felt other investigations that led to what's on call sweetheart plea deal. >> with the president monitor updates on the house oversight committee with the whistleblowers testify? >> the president has a busy day tomorrow. >> is he concerned about the impartiality of the iris in terms of their work and investigations? >> i'm not going to speak to the hearing happening t

edward lawrence with me.e us through it. >> it's easy to go through that a hard coat to swalwell. federal received 3%, higher than they want to see but core inflation is higher than the cpi core is 4.8%, sticky inflation federal reserve projects rate hike after this one later in the year we might see a second hike if the inflation measure friday rises and core inflation continues to outpace overall inflation. an interest rate observer says the fed is in the mode of doing damage to the economy. >> psychomotor's who runs over you with inflation. stops and looks in the rearview mirror and notices you are on the street and twitches and throws it in reverse and that's part of the cycle we are in. >> they want to do the right amount of economic damage to slow down job growth and hold off wage price spiral allowing economic prices to stabilize and avoid recession. goldman sachs is a chance of recession is 20% and others are saying they see leading indicators of recession right now. we could have the answers to this

chinese officials and american business representatives beijing today fox business correspondent edward lawrence live from beijing with latest dailies hi edward. >> gorgeous sunset in becaming right now treasury second on mission listening explaining, so no misunderstandings, that is according to her, she met rl this morning, friday morning, in beijing with the former advice premier then met with first public appearance with american business representatives, from the -- chamber of commerce, china, sitting around this table representatives from boeing bank of america, s&p globalt others the president in china says he appreciates the secretary's visit because when policy breaks down with china economics can be a common ground. >> people in this room agree with that approach, because we've been trying regardless what have happened political level, to -- counterparts, manufacturing, producing buying selling paying taxes, doing it all in a manner reflects u.s. values. >> you see the draw of the money in china but all eyes were on early afternoon in china secretary yellen met with second highest rank

edward lawrence following these developed at the white house. >> reporter: that is the hot seat for thepresident's climate czar, john kerry, defendant dollar his flight and all the money he spent in the name of climate change, members of the house foreign relations, he calling the top climate official in the biden administration a hypocrite. >> every time you travel to a climate summit, king charles coronation a wedding of the crime donor's crown prince of jordan, you document emissions generated by your trip, your office failed to do so. you are supposed to produce an organizational chart of your office, your office only did so when there was a lawsuit filed, filled and none of the names of the people that work in your office. >> reporter: he has no transparency period. the climate on voice said the russian invasion of ukraine should end because of the effects on the environment. republicans jumped in. >> when you have bombs going off and damage to septic tanks or power centers et cetera you have an enormous release of greenhouse gas, methane, the whole family of greenhouse gases. >> t

edward lawrence has the full report on that and it is being called the biggest cover-up in history, we ufo whistleblowers reveal ufos are real and our government has been in possession of nonhuman crafter decades. role it. >> as we convene here, you aprn our airspace but they are grossly underreported, these sightings are not rare or isolated, they are routine. dave: that former navy pilot and ufo whistleblowers joining us next, don't want to miss it. ♪ this is american infrastructure, a prime target for cyberattacks. but the same ai-powered security that protects all of google also defends these services for everyone who lives here. ♪ we're traveling all across america, talking to people about their hearts. wh-who wants to talk about their heart! [honking] how's the heart? how's your heart? how's your heart? - it's good. - is it? aah, i don't know. it's okay. - it's okay! - yeah. - good. - you sure? i think so. how do you know? it doesn't come with a manual, and you like ooh, i got the 20,000-day checkup, right? let me show you something. put two fingers right on those pads. look at t

. >> extraordinary fox business white house correspondent edward lawrence asked white house press secretary karine jean-pierre about tightening of "bidenomics," this happened yesterday watch this. >> the first year presidency, why now rolled out next year? voters begin to vote for -- >> we have historical pieces of legislation i talked about insulin, 35 bucks, for seniors that is something able to pass last year in inflation reduction act, lower cost for energy healthcare, actions that the president did, this is what we talk about "bidenomics". >> senator she has talking points there on "bidenomics," how do you see it? >> well, almost every policy this administration pushed is further weakened this country open borders flood of detailed destruction sex trafficking democrats want to ignore liberal movie want to ignore great movie sound of freedom being vilified in the press 40ier high inflation, war on fossil fuels driving up gasoline prices embarrassing of afghanistan afghanistan. >> emboldened enemies made world more dangerous. >> lee. lee: seven in 10 right now believe that the lethal and

fox business's edward lawrence is travelling with the secretary and he joins me now live. and bill, that's the only reason i'm in beijing is i did travel on the plane with the treasury secretary. she has a flurry of meetings on friday but a much, much different reception than secretary of state antony blinken, much warmer reception and part of the reason for that, the chinese see secretary yellen as someone who can ease sanctions and lift advanced technologies on the export bans, expectations for the meeting set very low. senior treasury official saying they do not expect any major breakthroughs. that official says it's more of a chance to listen and make sure there's no miscommunication on what the u.s. is trying to do. now, while getting clarification as to how china will roll out restricting exports on two rare earth minerals that the u.s. needs to make semiconductors in advanced technology. >> we know for too long china has dominated the production of raw materials needed for critical products. we are building alliances with our friends all across the world, increasing

edward lawrence talking about technology.ta, what it does or doesn't have in public discourse, we were just getting into it. what is the latest? >> reporter: it is all crashing together here. feels like 98 ° in washington dc today. the white house will not tell me what level of contact they have with social media companies at this moment. this is the answer i got. >> the white house communicating with social media. >> i repeated many times, we have responsible actions to protect public health safety and security when confronted by challenges like a deadly pandemic and foreign attacks and we consistently made clear we believe social media companies have a a response ability to take account of the affects of their platforms. jack: media source says there are open lines of communication with both parties. this is top of mind because jim jordan tweeted out what he's calling the facebook files. and one tweet the email reveals a close relationship to the -- a close advisor, he was outraged facebook did not removal post. the tweet s

my thanks to edward lawrence and david asman for filling in when i was away. he does better than i do and i pushback. let's go to chad pogrom on politicians. what is going on? >> reporter: members of the pga tour trying to explain themselves. senators want to know why the pga tour did an about-face and aligned with live golf. pga tour board member jimmy done negotiated the alliance. >> in five years they can got us. they have an unlimited verizon, unlimited amount of money. it isn't like the product is better. it is just that there is a lot more money. >> reporter: live golf was poaching players offering prodigious amounts of money to defect. 9/11 families are outraged. they are especially upset at done. he worked in the world trade center and cut the deal with the saudis. terry estrada's husband died in the north tower on 9/11. >> complete betrayal to the 9/11 community. he worked in the world trade center, he did lose many people, he knows the kingdom is comparable to murdering 3000 people on 9/11. why would he ask them for help. >> reporter: senator ron joh

edward lawrence of the white house, what's the president doing about this wave of strikes, if any,. >e been butting in on some and letting them play out and more work stoppages in the first term obstructing cerumen pace for that and the first term of the previous two presidents and we know the actors have joined the writers at the moment in the latest strike in hollywood and now the numbers don't lie in just 30 months or two and a half years president biden has seen 54 work stoppages and that matches four years of former president obama and just about matches the first four years for former president trump and the president says -- this president says he's the greatest union president in modern history. >> i make no apologies for being labeled the most pro union president in american history. i'm proud of it. i'm proud of it. you know where i stand. i make no apologies and i mean this sincerely and this the most pro union president in history. >> literally united airlines agreed to a preliminary deal that would give pilot as 40% pay raise and this follows the string of large pay incre

edward lawrence with the latest. edward?ing the twitter -- the facebook files that he's posting on twitter. the second drop here, pointed more towards the pressure from the administration and now facebook caved to some of that. fox business has obtained these e-mails and verified them. one tweet showing an e-mail from met that's president of global affairs asking why facebook removed claims that covid was manmade. the response, because of pressure from the administration. later another e-mail from the same person seems to cave to the white house, so facebook could garner favor for other topics like data flows in yet another exchange. facebook claims the surgeon general wanted facebook to remove true information about the side effects of the covid vaccine. in that e-mail, facebook says that it labels content like this and demotes some of it. jim jordan calls it a smoking gun. >> the white house was demanding it and they wanted to keep their cozy relationship with the biden administration. they censored first amendment speech.

chinese officials and american business representatives beijing today fox business correspondent edward lawrencenset in becaming right now treasury second on mission listening explaining, so no misunderstandings, that is according to her, she met rl this morning, friday morning, in beijing with the former advice premier then met with first public appearance with american business representatives, from the -- chamber of commerce, china, sitting around thi

i'm edward lawrence in for neil cavuto. this is "your world." to mike tobin in chicago on the holiday crime surge showing no signs of ending. mike? >> starting in philadelphia, edward, identification of the gunman through the official channels. no answer for a man walking up the street in philadelphia and randomly shooting at people. the man had an ar rifle and 9 millimeter pistol and ski mast. he had a scanner to listen to the police. his first victim fled into a house and died of his gunshot wounds there. more information about the investigation is waiting. law enforcement made it clear this gunman will face multiple counts of murder and a psalm. another mass shooting on the west side. a holiday gathering right @midnight after the event shut down. gun fire created panic and blood shed. >> a lot of foot traffic, vehicle traffic. still file works were being shot off. people trying to flee the area from the multiple gun shots. it was difficult for them to navigate in to the area. >> back to the latest information in philadelphia, police there said

fox business's edward lawrence is live at the white house with more. en major companies deeply involved in the creation of artificial intelligence have agreed to self-regulate the new advancements of this technology. we're talking about companies like amazon and google, inflection, meta and facebook and open a.i. to have watermarks on anything generated by artificial intelligence. which product made a video and audio so consumers wouldn't be fooled. they agree to external testing by an expert in specific fields where a.i. is being used with the result made public and increasing investment in cyber security and risk to society from a.i. related to bias and discrimination. republicans concerned about the technology given the issues with social media. >> it's also troubling that if they aren't grasping basic concepts you talk about a.i. how do we go about best educating our colleagues and the american public on a.i. and asway some of the fears. >> some companies have fallen short of the self-policing for their sites. the biden administration will trust but

david: edward lawrence, safe travels. thank you very much. president biden kept most of the trump trade sanctions against china, but secretary yellen wants to release many of them saying they're bad for inflation. that contradiction being glaring, great to see you, kathy, thanks for coming in person. so secretary yellen says, i'm quoting her and we just heard the sound bite, we wanted a fair set of rules. when did the ccp follow a fair set of rules. they seem to violate every. >> it's well-known. and having some concessions by the other part, secretary yellen is correct in saying last year we saw a record bilateral trade relationship with china and it's an inextrickable relationship. we benefit from them, they benefit from us. namely our farmers. trade with china can supply one million jobs here in the united states. 7 1/2% of our imports, of our exports go to china. 16% of our imports come from china. david: that's a great point to bring up. a lot of the concessions on china from taking our farming products game from the trump administration

. >> welcome to cavuto "coast to coast", happy monday i am not neil cavuto, i am edward lawrence, neil cavuto is taking time off or the fourth of july holiday. treasury secretary gn at yellen leaving for china to discuss global challenges. this is the head of the cia warns against decoupling from beijing former white house omb director is here, thank you. i wanted to ask you about the trip itself. this come comes on the heel of anthony blinken going to china there were deliverables from the meeting from the secretary of state now the treasury senior official telling me for this meeting they don't expect any significant breakthroughs. why did the high-level u.s. officials keep going and not get anything in return? >> they want to assure china the economic integration is going to keep going forward. we can have a debate in the country about the extent of global integration about whether actual decoupling or what the europeans have put forward with the d risking in decoupling is a bad word in china indiana yellen is going over there to plant a flag on behalf of the semitic street and that

i'm edward lawrence. this is a special edition of "your world." first to jacqui heinrich on what the white house is saying about next steps for this. jacqui? >> yeah, the white house is going to have a hard time fulfilling calls from alexandria ocasio-cortez and others to suspect interest on students loan payments during that 12-month great period the administration is enacting before payments resume. as part of the budget agreement, the president signed in to law those payments must start again after august. the first ones are due in october. the only reason this grace period is considered a valid work around is because the bills would still be due but interest would be accruing. otherwise, it would be a postponement, which is barred under the new law. that makes this nearly impossible. >> i believe that there's several steps that we should be considering as well to go a step beyond. i would like to see interest payments suspended during this time, especially during the 12 month ramp up period. >> the great period temporarily removes the threat o

edward lawrence live at the white house with the story. s the most pro-union president in modern history, he believes. that as well as inflation could be pushing those unions to take a harder line with business owners. i mean, just look at the numbers here. the president has been in office 30 months, about two and a half years, and has seen 54 work stoppages. that matches four years of former president obama and just about four years of former president trump. now, steve forbes says that we're seeing the results of inflation and people falling behind. >> we're going to get more of this. is and so the cure for it, as we discovered in the 1970s, was get pro-growth policies, stop the inflation, wages start to rise again naturally, and the labor strike goes down. >> so each of the unions that threatened to strike or went on strike received big pay increases. rail bruin ons are a good example -- rail unions, a 24% wage increase. the next big one on the docket, ups. union representing ups says -- representing ups workers says president biden need

treaties around the world that's what critics are saying carrie was slammed on capitol hill today, edward lawrencemate envoy john kerry for his climate time and his lack of transparency to who works with him, john kerry says he works at the state department but only answers to president biden he said he could negotiate biden contracts for the united states without oversight but the contracts last as long as president biden remains in office, brian mass pushback. >> who is your deputy envoy for climate. >> you're not going to tell us. >> i'm not going to go through them by name. >> as i said to you mr. chairman. >> i am going to go through the normal process. >> secretary kerry, i'm not going to argue about you said you're not going to answer it's part of the course. john. also a lot of questions in a dire situation for the plan. he's going to china next week as that country remains exempt from pollution timelines that are imposed on the u.s. >> why on earth would we tried to go ahead and build them economically and not try to go ahead and decouple from china as we should be an effort to build amer

fox business' white house correspondent edward lawrence grilled the white house on this yesterday.s. >> the penn wharton budget model recalculated costs based on the new rules for the student loan forgiveness. the noel rules say it will cougn additional $475 million over the next 10 years. i wonder when the president will introduce a plan that reduces spending. >> the department of education estimated this to cost $156 million over the next decade. we can afford to give middle class families a little bit of breathing room. the progress we have done, we have done to make sure the deficit is coming down. maria: i mean, the supreme court has already ruled this unconstitutional. the education department is also announcing a separate plan, this happened last week, that would forgive $39 billion in student debt for over 800,000 borrowers. regardless of what the supreme court is saying, this administration is still forgiving people's student loan debt and make no mistake, that's just more stimulus which is what got us to 40 year highs on inflation. >> yeah. exactly. it is interesting that

. >> today to our colleague edward lawrence at the white house, the biden administration is defending >> we have promoted responsible actions to protect public health, safety and security. we have consistently made clear that we believe social media companies have a responsibility to take accounts of the effects of their platform on the american people while making independent decisions about the content of their platforms. >> so zuckerberg is off the hook for now because jordan believes that he's now fully cooperating with the request from the judiciary committee. for its part, facebook says they cooperated all along and handed over more than 53,000 pages of documents to the committee but only the documents that the committee just received appeared to be enough. >> sandra: neil? >> neil: got it. thanks. to new jersey democratic -- republican congressman, jeff andrews, sits on the house judiciary committee. one of those days. ever have one hoff those? >> i i have one of those every day. >> neil: let me ask you about this beef that you and your colleagues have with mark zuckerberg that

said weariness going to do regulation and the white house president spoke to our own colleague, edward lawrence, companies stepping forward with self-regulation, you see the government pushing companies to aim higher. that's what happened today and we'll need new laws and regulations and they'll need to be balanced and promote safety and ensure security while also enhancing students for innovation. reporter: the ceos division of amazon and google, inflection meta that owns facebook and microsoft that you heard from brad smith and open ai and spoke to president biden after that meeting. >> we must be clear eyed and vigilant about the threats of emerging technologies that can pose, don't have to but can pose to our democracy and our values. they have the power to disrupt jobs and industries. >> all seven acing short term orientation add water marks on anything generated by artificial intelligence and political campaigns are pleased with them with a lot of centers in this town and, stuart, we're told those water marks could identify which product made the video or audio and people will not be fool

edward lawrence at the white house. is jay powell's rate hike campaign over?d go again in september or not, but maybe the gdp number coming in a little hotter than expected might push towards a yes. there might be an increase, we'll have to see. but inflation is the word of the year in economic circles. inflation has hurt the president's poll numbers, hurting across the board. inflation forcing the federal reserve there into its is 11th rate hike of this cycle. jay powell believes inflation will not hit the fed's target until 2025, and a possible nod to the fact that rates will remain higher through all of next year. listen to this. >> core inflation's still pretty el elevated, you know? there's reason to think it can come down, but it's still quite elevated, and so we think we need to stay on task and certainly hold policy at a restrictive level for some time. and we need to be prepared to raise further if that, if we think that's appropriate. >> reporter: so in an exclusive interview this morning with mornings with maria, the chairman and ceo of bank of amer

edward lawrence live at the federal reserve. high, ed. >> yeah, this is the 11th rate hike.last time interest rates were this high, march of 2001, when michael jackson and queen were inducted into the rock and roll hall of fame. so the federal reserve chairman is worried about persistent inflation. that's what bothers him the most. he also is looking at core inflation. it's above overall inflation. core is about food and energy prices. core is hard to get down because it includes the cost of wages. i asked him this. >> so wage inflation. how do you target wage inflation without pushing an economy in to recession? >> i don't think we're targeting wage inflation. what we're looking for is a broad cooling in the labor marked conditions. they're still at levels is what would be consistent over a long time with 2% inflation. >> so that's good news for the fed. the fed chairman left the door open for more rate hikes saying they could go up in september or not. >> what are we looking at? the whole broader picture. starting with -- we're looking for moderate growth. we're looking fo

i want to thank my colleagues edward lawrence and charles payne and sandra smith filling in while i was out. i don't really rush back but i'm back. glad to be back. let's go to the nato summit right now and jacqui heinrich in lithuania with more. jacqui? >> hi, neil. ukrainian president volodymyr zelensky is not hiding his fury that he's going to end this visit without a conditional invitation to join the alliance. he called that unprecedented and absurd and warned that russia will use this as a negotiating chip trying to block them out of a future bid for membership as part of the path to end the war. the alliance issued a joint statement saying that ukraine's future is with nato but the timing is just not right. i talked about it with president biden's undersecretary of defense and new nato member finland's foreign minister. >> ukraine has to meet the same standard that every other nato members does, democratic reform, interoperability, which means our militaries can work together. there's conditions that every country has to make so the door is wide open for ukraine. there's still so

edward lawrence is live at the white house with the latest on this. does the white house have this type of access to facebook? >> yeah, and that's the question i wanted to know, john, and what's happening, the white house is pushing us off or trying to to the department of justice. i pushed back, listen to this. >> white house still communicating with social media companies? >> look, as i've repeated many times from here we have promoted responsible actions to protect public health, safety and security when confronted by challenges like a deadly pandemic and foreign attacks on our elections and we have consistently made clear we believe social media have a critical responsibility to take account of the effects of their platforms. >> social media source telling me the contact is less but still open lines of communication to both parties. now, about an hour ago representative jim jordan dropped the second part of what he is calling the facebook files on twitter, this showing an email claiming the surgeon general wanted facebook to remove true informatio

. >> reporter: our colleague edward lawrence likes to point out that most of the jobs the white housees credit for creating are actually jobs that went away during the pandemic that have since been added back. and specifically looking at manufacturing, the latest jobs report actually shows sector lost 2,000 jobs in may. meanwhile, recent fox news polling shows 60% of americans disapprove of the president's handling of the economy. >> what is he going to tout? is he going to tout high interest rates, high inflation, can't hire anybody, no supply chain? that's what he's going to tout. >> reporter: yeah, high inflation, high interest rates, those are the things republicans say are the hallmarks of bidenomics. the president, obviously, disagrees, david, and he are try to sell bidenomics in just about an hour's time. david? david: should see some live shots can coming up soon. grady, appreciate it. let's get reaction from republican oklahoma senator markwayne mullin. senator, thank you for being here. i just want to pull back and look at the big picture, because you had a real-world job be