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FOX Business
Sep 23, 2015 2:00pm EDT
to, starbucks, amazon, just finishing up their meetings with the president of china seattle, washington. why are they kowtowing to china? i'm trish regan. this is "the intelligence report, everyone. we have headlines coming to us as i speak from seattle there. they're lifting the market as little bit, paring losses there right now. the nasdaq actually turning positive. let me share some of them with you. china's president, says he is aware of risks and challenges in china's economy and he is taking measures to address them. we're hearing right now that china's xi jinping that china is fully capable maintaining high growth for a long time to come. he goes on to say that china is adopting more forceful and innovative macroeconomic measures. wow. for the chinese economy. big macroeconomics concerns. so much of a concern, that the fed couldn't even move on interest rates this month. china represents such an opportunity to american business. big company ceos trying to court china's favor. calling this the chinese-american hugs and business tours. you have chinese president xi jin
FOX Business
Aug 9, 2017 2:00pm EDT
, general, by the way billion dollars of an impact if china does what they told us will do. you're taking about a $28 billion economy so in the scheme of things it is not that significant. there is much more we could and probably should do in the way of economic sanctions but that means going head-to-head with china. >> yeah. that is where we're headed. i think the trump team are holding back their gunfire here with china to see if china will start moving even more postively than they did with the u.n. resolutions. but if they don't, they will get their double-barreled shotgun out, go after these guys and really start hammering them, we don't have a choice. the clock is ticking. everybody knows that. it takes time for sanctions to take hold. trish: general jack keane thanks so much. we'll talk to you throughout this story. thankthank you, sir. the world is on edge because north korea is one step closer to becoming a full-fledged nuclear power. secretary of state rex tillerson assuring americans there are no imminent threats but nonetheless here. >> i think americans should sleep well at n
FOX Business
Sep 1, 2015 2:00pm EDT
manufacturing much. china is not manufacturing match. we have fears of a globe slow down hurting investors. nonetheless, climbing back to the 400 mark. investors are getting nervous. you see it in the vix. this is measurement of fear. holding up 11% and change. one safe haven is toll you about. gold. moving higher. as much as that can be a safe haven. $11,140 an ounce. is this -- $1140 an ounce. is this the start of something quite real? market strategist mark hoke began, steve moore and jonathan corpina on the nyse. starting with you, jonathan on the floor. everyone says it is china, it is china. there is a slowdown going on there. it will affect us globally. we've known china was a mess economically speaking among other things. did it take this long for investors to recognize that or is there something more to the selloff? >> combination of a bunch of things. i do afree. china has been anemic for a while and people have been not somewhat paying attention to it. crisis with greece. markets were spooked. china is looming up here. we knew eventually how this will come out. how wil
FOX Business
Aug 10, 2015 2:00pm EDT
industrials rise. thank you china although nothing to thank china yet. dismal news out of china. people expect the money spigots open to so to speak and money flowing out into the market to help things grow. you look at some of the stocks with big plays overseas, caterpillar sup today. apple is leading dow. boeing is up. only two dow components in the red today, visa and coca-cola. one quickie as i wrap up. not warren buffett or china you can thank, american express, part of apple pay. one reason it is in the green. thank you, warren, and thank you china. >> not bad. jamie, let me bring you in. do you think warren buffett giving these markets a nice little boost to kick off the week? >> of course. buffett fires his cannon every now and then and makes markets go up. markets love buffett. they like the fact he finds value in markets. put that aside and take headlines this morning that came coincident to buffett's decision to buy precision castparts. we're talking about national bank of greece. we've been living with these things all summer long. looks like greek banks will get cap
FOX Business
Jul 27, 2015 2:00pm EDT
regan. concerns about a bubble in china ready to burst. china selling off 8 1/2%. adding to the fears you see back here at home. we'll get to that. first, president obama sounding off on the race for his replacement while meeting with leaders in africa today. he is taking aim at republican candidates including ted cruz, mike huckabee and donald trump. listen to this. >> american people deserve better. certainly presidential debates turn better. in 18 months i'm turning over the keys. i want to make sure i'm turning over the keys to somebody who is serious about the serious problems that the country faces and the world faces. >> note he's turning over the keys and he wants to make sure he is turning them over to someone who is serious. last time i checked it was the american voter who turned over the president's keys and american voters that would be making the decision on who those keys would be turned over here. is the president being too presumptuous? we have a democrat richard goodstein, former mccain advisor, and blake burman live from the white house. i'm starting with you. i cal
FOX Business
Dec 22, 2016 2:00pm EST
navarro to run the brand- new council, china trade critic let's trump fulfill promise, get tough on china. take a listen in the campaign trail. >> what china has don't to our country is the biggest theft and the greatest theft in the history of the world. this is the one i didn't want to hear. give me china. give me china. china, do you ever see china, china, china, china. we don't win anymore. when was the last time we won? we lose to china. [laughter] trish: i like hearing him say china. here peter, peter, the other peter, peter navarro is known to be pretty protectionist and very concerned about the world -- role china has been playing and as he sees it he they have taken bad advantage of us and this is a viewpoint that donald trump believes as well, so how does it start to change? >> well, my feeling is that peter has got it right. i was a referee for the last promotion i want you to know and we were long-time friends and colleagues. we have to hit china hard where it hurts on economic issues. 45% tariff is a great idea. trish: whoa, 45%. you think it's a great idea? >> on china
FOX Business
Sep 2, 2015 2:00pm EDT
oil crisis and china's, strong dollar and economic problems all of which could convince the fed to delay a rate hike at the meeting in two weeks but no mention of volatility in financial markets. the report really doesn't usually dig into that. report says retail sales rose in majority of districts. hiring grew moderately or modestly in most districts. inflation was stable or up only slightly across all districts. finally three districts, san francisco, boston and dallas, explicitly mentioned their exports to china were hurt by china's economic slowdown. trish? trish: that is the big question. just exactly what kind of effect will china have on the global economy, on us here at home. and how much will that factor into what the fed decides on september isth at fomc meeting when they decide the future of interest rates, at least for here and now. this report, everyone is incredibly important. peter will continue going through it right now because it is really freshest indicator we have how the fed is thinking. you know investors want to get inside of their heads, because, like it or
FOX Business
Jun 29, 2017 2:00pm EDT
closely with the government of china to stop illicit financing involving north korea. we are in no way targeting china with these actions. we will be meeting with china and other countries of the g20 next week to further our efforts to cut off north korea's illicit activities. north korea's provocative, destablizing and inhumane behavior will not be tolerated we are committed to targeting north korea's enablers and maximizing economic pressure on the regime until it ceases its nuclear and ballistic missile programs. with that i would be happy to answer any questions. >> secretary, thank you very much on north korea. recently congressman introduced north korea travel ban. do you, do you -- [inaudible] north korea travel ban? >> i have no comment on on today although i will say we continue to look at a range of optionses that we're very serious about stopping their activity. >> can you quantify the financial activity you're trying to stop today and access, direct, indirect this particular bank with the u.s. financial markets. >> this is very significant that this is the first bank we
FOX Business
Sep 24, 2015 2:00pm EDT
increasingly complicated fact china is in slow down. news from cat. they're laying down 10,000 people. guiding lower in terms of revenue. none of this bodes well for what janet yellen might want to do. >> well, i think the message we'll get from janet yellen today is the message that she tried to send at her press conference last week and other fed officials sent in the last few days that they still expect to raise rates before the end of the year. now they might be wrong. they might be floating on a dream bubble but that's the plan right now. i think that is what we'll hear from her. trish: i think these guys like to dream. >> the point she will emphasize and which we can't lose sight of, there are a lot of problems in this economy but the job market has gotten better. if you look at just about any measure of jobs, it has improved. the unemployment rate is down to 5.1%. if that keeps coming down, yes they have to respond to it and nudge rates up a little bit this year. trish: the problem, that number, 5.1% ain't what it used to be. when you look at number of people not participating in this w
FOX Business
May 31, 2016 2:00pm EDT
goods over in china. talk about free trade, why don't you have free trade. >> exactly. trish: why don't you have a level playing field where we make our wigits and they make their widgits and sell them without ridiculous tariffs that make them frankly extremely difficult for americans to sell their goods overseas. >> absolutely. chinese in particular are have been very smart. tires are a great example. they flooded, attempted to flood the american market with cheap tires to drive our companies out of business. we're not competing on a level playing field. american middle class can't compete with slave labor in china and mexico city. we're not operates on same level. trish: we showed pictures recently last week, former apple factory, not apple factory, but factory making apple products and people were living, 12 people crammed into one room with extremely, extremely tough living conditions. we can't compete with that, which may be evan, negotiating better trade deals. maybe threat of a trade war isn't worse thing for china to hear? >> i don't think china will respond to well too it
FOX Business
Aug 26, 2015 2:00pm EDT
that, certainly with we saw 24 hours ago. china threatening to destablize our global economy. federal reserve acting like a drug trader giving cheap borrowing affecting markets, the global economy, but not the u.s. economist. we've seen this rally in part because william dudley over at fed, guess what, looks like we're not getting that rate hike come september. it is quote, less compelling. what does that mean you need to do? how worried should you be about the future? is this opportunity to get in? jim grant of grant interest rate observer is joining me. jamie cox, steve moore, heritage foundation and nicole petallides on floor of new york stock exchange. and, nicole, it has been quite a few days for those guys. what do they think? do they think this rally, 332 points, will hold? >> that is the whole thing. to your point, trish, yesterday you did this exactly right, we were up over 400 points and ended down 200. traders say this rally means nothing unless you hold it at the close. you have sold off six straight days. we've been down 1900 dow points, loss of 10%. the question if it ho
FOX Business
Sep 8, 2015 2:00pm EDT
solid trading out of europe and rye serves in china was low and china was driving that as a way to sort of ease economic slow-going. we had gigantic pop at open. even though we're seeing a huge rally. it has been pretty sideways through the bulk of the trading session. liz spoke with warren buffett, who had beneficial things to say, positive things to say about the u.s. as well. if you take all of that into consideration, the fact we sold off 3% last week and conditions are extraordinarily volatile of late, maybe some people are coming back to the market, seeing entry point to buy, thinking selling of late has been a bit overdone as well. >> jason, will we continue to trade off of news out of china? something that we're not exactly used to historically, lately, that has been the major, major thing driving u.s. markets. is that going to continue, do you think? >> you know, my answer to that, dagen would be something a little bit different than that. for an everyday investor so to speak, if they were to ask me, hey, what do i look at every day, to at least give me a clue what the mar
FOX Business
Jul 5, 2017 2:00pm EDT
quarter. so much for china working with us but we had to give it a try. ashley webster with the story. >> honeymoon between president trump and chinese premier xi is officially over. by the way the latest figures do show trade has increased between china and north korea. the hopes that chinese economic sanctions could help cush the nuclear ambitions of the north korea, those hopes faded away. this icbm launch by north korea certainly in defiance of a ban by the u.n. security council. the u.n. security council by the way, at request of the u.s. will meet this afternoon on this issue behind closed doors. now the pentagon says the launch which you're seeing here lasted 37 minutes. that is the longest flight time for any ballistic missile north korea launched by the way. a pentagon spokesman saying today, the u.s. didn't shoot down this missile after it was launched even though they watched preparations for the launch as well because they deemed it did not pose a threat to north america or allies. but officials say this launch did threaten airliners that may have been flying over he
FOX Business
Jan 19, 2016 2:00pm EST
in negative territory down 50 on the dow. china releasing gdp report today showing china's economy so bad, it is good because investors are hopeful china will print more money and stimulate the economy somehow. what is next? what do you do to keep your money saved? stay with me, the answers right after this. trish: we did in to negative territory. we were up most of the day. we are starting to see some downside as we head into almost the final hour of trading. you can see the dow off 34 points, a loss of 1/4 of 1% of a lot of questions how the market will fare as a result of what we saw in china today, wall street dissecting the economic data, gdp, the measurement of the overall economy in china came out this morning and said it is at its lowest he's we have seen in 25 years. it sounds like bad news for the state of the global economy but i can tell you the initial read on that negative report had a lot of people hoping for some stimulus. so investors may be backing off of that idea. maybe the reality of things is settling in but allow the focus these days on china, i have team cov
FOX Business
Dec 28, 2016 2:00pm EST
policy with china is going to require a very complex approach. we have to push their buttons on trade, investment, the south china sea and so forth. trish: a lot of concerns about russia and china, china is a threat, a lot of friends we can get against china. >> want to get russia on our side, to accomplish that. in the ukraine, unconscionable. and russia was a regional power. i don't think the russian army can do that without western spare parts. has a fleet that is ancient. both the aircraft carriers in the last 20 minutes. >> one concern that keeps getting raised. and are they effectively able to control action that the results. >> the obama administration is hidden behind for eight years, little cowards, if china sells to bonds what happens? they get dollars in return. instead of collecting pictures of george washington they get no interest. as bonds go in the open market we can print new dollars because the dollars china has are out of circulation. by up to bonds, the initial panic everyone goes nuts and bad news on wall street the first day. as long as we take effective steps to
FOX Business
Sep 9, 2015 2:00pm EDT
product to attract more people in china? what will be their biggest market to spend lots of money to buy phones. expected to having per camera. expected to also have force touch and come in a rose gold color. other breaking news here in san francisco, california, apple watch coming in a new rose gold color. other types of accessories, including fancy hermes watchband. a lot going on. apple is pushing as hard as they can to try to compete for the holiday shopping season. the real question, how do investors respond, how will you at home buy this stuff? is it good enough, trish trish: let's talk about price point. i know you have a lot of noise out there. what is -- >> i don't have the price point right now. trish: $399 we're learning. one of questions in all of this, jo ling, will people keep going out to buying ipad as as their phones get increasingly bigger? >> yes. so that is a big question. 6s plus coming we think later today, would you buy ipad minute -- mini. how will you combat fact that sales dropped by 14 to 18%. that is not good news for apple shareholders that particular sec
FOX Business
Oct 23, 2015 2:00pm EDT
. trish: all right. check it out, we're seeing a nice little rally on the street, china is cutting rates, mario draghi is looking at more money printing, what more could you ask for, right? except maybe a fourth round of qe out of the fed. we're going to continue looking at this coming up, but i do want to get to what could be the strongest hurricane ever recorded in the western hemisphere. it is set to hit landfall in mexico shortly, several cities have declared a state of emergency, but the storm could wreak havoc to the united states as well. we have the very latest. heather, how bad is it going to be? >> reporter: hey, thanks a lot, trish. there's no doubt patricia is going to be catastrophic for mexico. it is mere miles away from the coast, and as you said, it is the strongest storm on record either for the eastern pacific and the public, maximum sustained winds 200 miles per hour. its pressure all the way down below 880 millibars and that was the true kicker to mark her as the strongest hurricane on record. you can see the radar estimations here, very heavy rain around the eye wall
FOX Business
Aug 20, 2015 2:00pm EDT
after global slow down led by china. as i look across the screen basically one place to hide. maybe two. gold, five-week high and utilities up. everything else in the red. joining me chad morganlander and fox business's adam shapiro. how is this connected to people's expectations that the fed might move come september? >> i think that is part of it but not entirely it. expectations in the futures market they wilt go in september. the generally speaking fed will move in september or end. year, early part of 2016. trish: i like how you couched that, chad. next year. they may want to move. guess what, they should move, whether or not they actually do, adam i think they have too much in the way. they have the china problem. they have got the u.s. dollar strengthening. that's a problem. i don't know how they move in this environment. >> that is a great question although the chinese have to move by the way they have got, what is it, 1.3 billion, people by their numbers, if you believe their gdp numbers, they fall to 7% growth that is not good for political stability. for an investor in th
FOX Business
Apr 27, 2017 2:00pm EDT
taking 60% of aluminum imports from and china. china is flooding the market, creating excess capacity to drive down prices and basically throw american companies and workers out of business. so he's right, under 232 of the trade expansion act to investigate this issue just like he's done with steel. cheryl: michael, i want to pick up on the number. if you look at china from 2000 and 2017, they now run 53% of the aluminum market. that was about 11% in 2000. so the chinese again to president trump's campaign rhetoric promises, this goes back to the issue of china and the economic hit that we're taking from that country? >> as the president and his team would say, you know, free trade is great but has to be fair. is china doing things? dumping certain products like the foil market, i was reading about this morning on the market here is driving down prices? is that fair? they're going to do this and they're going to do this very granularly as we're seeing. what we heard yesterday about nafta being potentially getting pulled and suddenly came back, there is magic there, a lot of i
FOX Business
Jul 28, 2015 2:00pm EDT
, that's it. we've been reporting that for months now. the talk on wall street is what is going on in china, whether china basically, china's slowdown will give janet yellen pause and the word we're hearing is no. if china's economy continues to stagger and the markets continue to face headwinds that still will not be enough reason for federal reserve to stave off a rate hike. trish: but, jon, look at what, i mean the china situation, it has a lot of investors spooked and this is one of the reasons why we saw some challenges to the market earlier this week. and last week. does she just shrug that off and say i'm not worried about it? it is so important to me to get off of zero? by the way, i agree it is important to get off zero. we shouldn't be on zero for six plus years but will that cause her to move? >> when you think about anything overseas you have to think about the channels which that travels to the united states. with china the very important channel is commodity markets. we're seeing renewed downturns in a lot of commodity prices because china has been a big consumer commodities a
FOX Business
Jan 3, 2017 2:00pm EST
in the world that may not be as friendly with the united states right now like china or even the philippines, it is, i think, problematic. some of the riches and the coziness he's had with other nations, especially with russia and vladimir putin in light of some things we found out in this country. i think the democrats are doing their due diligence as they should for the american people. ashley: fair enough. mercedes, what about that relationship? rex tiller soften, i think he got an award from vladimir putin at one time. you could argue that he understands how the game is played. >> tillerson has received bisparnt praise on his nomination. i think what he brings to the table is world classics appearance, obviously, as a businessman who understands the complexity of negotiations across the board. i think that, you know, he will receive the questions on his reu7 with putin. -- relationship with putin. i like the idea that this man understands the come mentionties of -- complexities of putin and of dealing with russia. and so i think that what you're going to find is that if he wa
FOX Business
Apr 5, 2017 2:00pm EDT
tomorrow's meeting between the two most powerful men in the world. president trump and china's president. trump's harsh criticism of china in the past could make for a rather tense summit, you would think. along with north korea's missile test, the white house is talking north korea on tomorrow's stocks. president trump telling the financial times this week, and i quote, china has great influence over north korea and china will either decide to help us with north korea, or they won't. and if they do that, we'll be very good for china. and if they don't, it won't be good for anyone. this as north korea fired a ballistic missile into the waters of the east coast today. it is a reminder how tense things are getting in the region. i am joined right now by former cia analyst buck sexton for his stocks. what do you think is going to come out of the meeting? >> well, it's just a start of what is a critical relationship i think everyone understands that, particularly for this administration given how much trump talked about china. but the focus right now is on national security in the way that c
FOX Business
Aug 15, 2017 2:00pm EDT
kind they extort from u.s. companies trying to do business in china. that scared the chinese. it really scared them, because steal are our ideas, our designs, our research, is instrumental, critical to china's economic progress. they have been getting away with it for decades. trish: they have. nobody has done a darn thing about this. >> good for president trump. trish: i think as an american company why do you want to do business over there at risk they steal all your valuable intellectual property? clearly that is choice companies want to make. >> three words, quarterly earnings reports. we're focused be on short term. chinese are focused on strategic side. the point this really scares the chinese. they need to keep stealing from us and us turning a blind eye. they always played korean card. we can help you with north korea. we were always a sucker for it. suddenly they are scared. they did go to north korea in my view, hey, look, cool it down, cool the bomb stuff. by the way we do have to stop imports of your coal, your iron eye, pig iron, seafood yuck for a while. chinese always --
FOX Business
Aug 28, 2015 2:00pm EDT
beginning it was all about china. huge losses on the shanghai, eight or 7 percent a couple days in a row. the chinese leadership doing everything. we just have uncertainty as the fed continues to ring its hands over what to do with this rate hike. >> you know there not going to do it. they just like to talk a good game. >> it and wait and talk about it. >> ii don't think they will do it in december. they want to do it but don't think they can. they just don't think they can because they know what it would do to the us dollar they are terrified of what todo the markets. look at the wild ride this week. some ofsome of this is in response to the fear of a rate hike. what do you think? >> i think that's a little bit of it. primarily the big difference is the perception that china might be having more of a hard landing than a soft landing in all of the ancillary effects of that. look at underlying the market, multinationals, industrials, and consumer staple multinationals were already in correction in their market territory. that is what is more. if you look at just the economic data that sug
FOX Business
Oct 7, 2015 2:00pm EDT
. look at have nearablety from russia and china and all happening online. that is going on right now. she was secretary of state. should have known better. leave it there. lisa, travis, richard. thank you so much. >>> terrifying new developments unfolding oversees today. nuclear smugglers making connections with isis to try to sell terrorists nuclear bomb materials. >>> scandal with gripping the fantasy sports world. ceo is here on fox business. i will see you next in two. ♪ at ally bank no branches equals great rates. it's a fact. kind of like mute buttons equal danger. ...that sound good? not being on this phone call sounds good. it's not muted. was that you jason? it was geoffrey! it was jason. it could've been brenda. sometimes they just drop in. always obvious. cme group can help you navigate risks and capture opportunities. we enable you to reach global markets and drive forward with broader possibilities. cme group: how the world advances. the health care law gives us we're cracking down on medicare fraud. powerful tools to fight it. to investigate it. prosecute it. and stop
FOX Business
Apr 25, 2017 2:00pm EDT
that, it should be corrected, just like steel dumping from china or any other trade infraction. >> reporter: you're trying to make a point publicly? >> we make it publicly all the time. it's just that there has been so much general public interest engenderred by the two things, the dairy and the lumber, we felt it was good to clarify. >> reporter: during the presidential campaign people following then candidate trump, we're hearing items related to canada. can you tell us why the fus seems to have shift up north >> we have no way to know that the canadian dairy people would take the action that they da. nor did we have any way to know that the lumber dispute wouldn't have been resolved by negotiation. we tried, it didn't work, we went ahead with the statutory proceeding. >> reporter: any additional -- is the administration contemplating additional action against canada? >> as far as i know, there is nothing immediate contemplated. >> reporter: the substance of what you did is very routine, like this has been done before, these preliminary counterveiling duties, but what was irr
FOX Business
Apr 27, 2016 2:00pm EDT
. weaker dollar aows commodities, china, etc., to abilize and that is what we have seen. the fed is kind of stu in the middle. in no n's land. thmiddle ground is kind of dangerous. they havbeen the only game in town for eight years. noally you have fiscal and monetary policy working together. we do not ha that now. basicallabsent whehen coming to al economic policy. with no economic policy comingg out of washingto the fed is left. >> i think you diagne that exactly righ think k about it. you simply woke and saw core ination. something like 2.2%. you assume the feral funds was somewhere near two or at leas the feds trying to do too much. trying to generateeal growth when it really suld be focused on a physical mandate we need some help on the fisl policy. task force and rulatory relief. great for the said. a t easier for them to get to where they want toe. >> the contestf a presidential election cycle. younow, china. we need to notiate with china. do you think some of the policies that he isalki about, whether it t be lower tas for rpororationsns for indials, dealing with china in more ag
FOX Business
Nov 17, 2016 2:00pm EST
along and he will be the best with china. i know you don't want to do it and you said that and made that clear. what are your thoughts on who should do it? >> yeah, i think steven mnuchin should do it. i talked to donald on and off in the last few weeks. you know, i definitely would not do it. i never reported to anybody in my life. it's not my thing and actually, look, i think i'm a smart guy. i think steve is a very smart guy. i think steve at this job would do better than i would and i think he will do a capable job. he's the real loyalists for donald, he wants to do the same program that donald wants to do, which really is to, number one, the most important thing in this country to stop the regulatory agencies from running them up, which they do. by the way, there are good regulations, there are good regulatory agencies but it's just gotten completely out of hand and the effect that has and i've been saying that for a long time -- trish: i know you have. >> you really don't have business investment. trish: discouraging investment. i want to get back to that in a second. let me a
FOX Business
Mar 31, 2017 2:00pm EDT
suggested on day one he would declare china a currency manipulator. he hasn't done that. why hasn't the president followed through on the campaign promise? >> we need to have the meeting with president xi, i'm sure there will be a lot of discussions about our economic relationship and, so, we are days away from that, and let's see what those -- i don't want to prejudge. we're days away from it, there is a lot of issues that need to come up and i don't want to get away from it. >> reporter: one on china, one on the middle east. does the administration plan order to a review into china's status? >> at this time, the two trade executive orders that focus on duties and are where we're going to look. we've goa lot, obviously, that's an issue that we probably hope have. the u.s. trade representative confirmed. that's a combined decision, with the department of commerce and department of treasury. let's see how we go first. >> reporter: do you clear up where the president stands with bashar assad, the president of syria? >> with respect to assad, there is a political reality that we have to ac
FOX Business
Nov 11, 2015 2:00pm EST
scene. trish: i asked him about speaking of toughness, exactly what he will do on china, given they're stealing our intellectual property, spying on american corporations, spying on american citizens. what can we do about it, what should we be doing about it. here is what he had to say. >> in chinese commit cyber warfare against us, they will see cyber warfare they have never seen before. they're building islands in the south china sea. up until receny the esident wouldn't send a ship 12 miles or send a plane. i will fly air force one over those islands. they will know we mean business. trish: oh. talking tough on china. is this, is this what we need from a leader right now? the fear of course, in the back of everyone's mind, are you going to get yourself in trade war or worse with china? the idea being, we want to continue to have access to all these important markets, incredible marketplace how do you toe the line being tough on china -- >> after a president who has been milquetoast and pushed around by putin and pushed around by other countries i think that kind of toughness really
FOX Business
Jan 14, 2016 2:00pm EST
, such as china or perhaps the oil situation start to really hurt us. can anything be done here and by which candidate? >> well i think, liz, one of the big problems is the global economy. there is a lot of issues that right now the presidential candidates economically are addressing. but, for instance, you take energy. there's an oil glut. despite the fact in the united states we have shale and oil and gas has increased in terms of production, we're basically energy safe, you have got parts of country like new mexico, the oil patch that is really hurting right now because oil prices have gone down so dramatically. gasoline prices to down and that happens the consumer but energy economy is very important and the problem is countries like china, right now there is slowdown there, and india there is problems also with warm weather. oil and gas is used less. at same time it is all interconnected with the global economy what happens in america. liz: we thought that would be great, governor douglas, we did. global economy and europe that is all connected and turned out to have a certain dou
FOX Business
Apr 21, 2017 2:00pm EDT
socialist economy. and guess what? china becomes the united states of america when you look at their economy. so we've got to be very careful and do everything we can to stay, do we not? >> we absolutely do. and we have to communicate to the average american who may not understand details of economics. so rather than having the autonomous go and explain this, put it in terms that anybody can clearly understand. that's going to be an important part of communication. trish: and you, sir, do that very well, i'll just give you that accolade. >> thank you. trish: thank you very much. good to have you. >> good to here, trish. trish: and speaking of france, france is on alert. this is very sad news. it's six terror attacks this year, it's all coming ahead of this weekend's big election, which could have a big impact on us. i'll tell you if mari marine le pen were to win here, you're going to basically see this continuation of what's going on all over the world right now. first brexit then donald trump. could france be next? people are revolting. they have had enough. plus australia riding t
FOX Business
Sep 11, 2015 2:00pm EDT
it. we cannot help everybody through the world. europe should help, russia should help, china. they're not going anything, the gulf states are not doing anything, saudi arabia, etc. none of them are helping. thomas rath, do you think we're going to hear her of this? in other words, here we are saying we're going to welcome 10,000 people into the united states of america, some of whom could be terror to is -- terrorists, while the gulf states sit by and really do nothing even though this is a problem very much of their creation? >> well, i agree with the idea that at least to the initial, it's the imact is being felt on europe -- impact is being felt on europe, and europe must play a leadership role in making some of these decisions about who comes and who goes. trish: europe, what about saudi arabia? what about jordan? what about some of these laces that -- >> well, i'm saying, yeah, i agree it's a regional issue. to the extent there's a humanitarian role that we can play that requires some degree of displacement here on a reasonable basis with some degree of security, of cour
FOX Business
Apr 13, 2017 2:00pm EDT
news of this bomb it was already adding two more uncertainty with russia and china. there are investors out there that would like to take the money off. trish: 72 points all right. that is something but i will type is not 300 points or 400 points. people would be a little bit more nervous. i think it's absolutely right --. they are laying down a the line actually taking action not spooking in the markets. and to be honest we had been in the same range down just a little bit. for a while and they are treading water and waiting for something to come out of washington waiting for these earnings to digest does. that is a the feeling i get from these markets. they are hanging in there. they are still anticipating. all of this is positive for fundamental economic growth. if we can create a safer america by putting our enemies unnoticed. >> there's nothing wrong with having a backbone. it lets the world know that america is back. thank you so much. also breaking today in a big reversal the city of lansing chicken is reversing votes. after criticism from the business community ahead o
FOX Business
Mar 4, 2016 2:00pm EST
. they are the best of all in terms of size. in terms of magnitude. we have rebuilt china. they have taken our jobs. i have a great relationship with china. i just extended the lease on the largest bank in the world. the chinese bank. 400 million customers. that is bigger than our country. 400 million customers. they are great. they are wonderful. i sell apartments to them for tens of millions of dollars. i have the bank of america building in san francisco. by the way, i own many, many big jobs. many, many big buildings. we have many jobs going on right now. of course, a lot of those deals, i will have to let my kids handle, if we win, right push of mark i will have absolutely no interest in those deals. i will only have interested one thing and that is taking america great again. trish: you have been listening to donald trump addressing the crowd in michigan. not speaking or attending cpap is sheer. he explained that the reason trump was not happy with the essentially the questions, it would be coming to him. all the candidates have to follow the same rules. trump wanted angst to c
FOX Business
Aug 31, 2016 2:00pm EDT
part, because mexico is a far better partner in trade and as a neighbor to us than china, for example. we have more experts going to mexico than we do to china, brazil, india and russia combined. this should be our friend. he has an opportunity here to talk about the border, which is something he cares about, but this is on president nieto's part, and far more than nafta and trade. trish: ah, rachel makes a very interesting point. i've done a lot of reporting in latin america, brazil, paraguay, honduras, it has been ignored, less so with president bush, but certainly under this administration has focused on china, on india and you know, look at what we're seeing there in venezuela, for example. absolute, positive chaos. >> there is turmoil there, but i think what's being overlooked here is that the former president of brazil dilma rousseff was impeached today. it stymied efforts to do anything meaningful. trish: which is a shame! they're right here in the western hemisphere. brazil could be china. >> with that said, i don't think the u.s. neglected the countries, per se. what
FOX Business
Mar 20, 2017 2:00pm EDT
continued the urge china to step in and to play a larger role in deterring both the ballistic and other missile threats that north korea plays. i'm not, i will try to have a further readout on some of those conversations, but i think there is growing concern about north korea. i think that is part of what secretary tillerson is going to be discussing with him during their meeting. >> and did tillerson get a promise from china to weighing in more on north korea? >> i think he sent a very clear signal that our policy of strategic patience is over. the president and the secretary of state have an expectation that china employ multiple points of pressure on north korea. we know that we don't agree 100% of the time with china, but as the state department noted yesterday, both president xi and secretary tillerson agreed there are opportunities for greater cooperation between china and the united states and acknowledged that there are and will be in the future differences between the two countries. but i think that secretary tillerson's trip continued to -- or helped set us down that alt
FOX Business
Aug 31, 2015 2:00pm EDT
there is a lot of uncertainty in the markets obviously still with china but also with the fed. the fed would stop with this definitely maybe, i think markets will put out a huge sigh of relief. trish: i've been saying tmi, ashley. janet yellen, stop giving us, all this information. >> just do it. >> play-by-play by the fed. every governor out there speaking to every member of the press they can possibly get their hands on and sending the market in wild directions. stick with us. kevin, in 100 minutes august will be said and done historically. ashley alluded to it is a scary month. i would point out typically the scariest month on the street. do you think it will live up to its reputation this time around? >> we think one of the reasons why systemic overhang. all the earnings have been pretty much done for the market. we can't be safe until we get guidance from companies how they're performing in these type of markets. government policies will really dictate the headlines. trish: government policies meaning fed policies? >> yes. trish: september 17th, ashley, that's the big day. we'll f
FOX Business
Jun 8, 2016 2:00pm EDT
. their jobs go to china. let's not forget, bill clinton is the one who created nafta, which the economic policy institute said, resulted in a loss of 700,000 american jobs. how does she come back at that now? >> well, many of those unions have already endorsed you. 15 million working people across this country. she does have a economic platform. she does have a way to keep jobs here. trish: you say unions have endorsed her, right? that's fine. if you're head of a union, you probably would in that you know, there is a certain rapport that you have with democratic candidates and she is certainly one of them. but what about the rank-and-file? what about people punching the time card in the union shops that are worried they may lose their jobs. >> let's also talk about the people not unionized because they're suffering as well. we're talking about fight for 15. we're talking about paid family leave. those are things she is working with. trish: paid family leave, carl, how does trump compete hillary clinton saying hey we'll give you this and give you that and all the freebies. >> she
FOX Business
Mar 16, 2016 2:00pm EDT
fed should be focused on any foreign economy. it is not china's central bank. it is not the ecb central bank. it has nothing to do with central america. it has gone down against the yen and the euro. the fed should not be worried about raising rates at all. two more rate hikes this year, that is kind of what we expect it. lots to talk about their. ashley: let me bring you in. the global economy. should the feds go ahead with a rate hike today? >> too much time. they wanted to get us. that is fine. a different place a last time they met. oil was about $20 cheaper. think about what has changed. it felt like china was being very sloppy with their policy. i just think things have improved. it is quite a bit lower now. we are now closer to 1%. that is exactly where the market is. getting much closer to the market. very important to have the censorship did that means that we will see action. it is also an election year. >> interesting stuff. let's bring in lori roffman, if we can. we all dissects. what he is wearing. we say it just a little bit. up 50 points right now. four interest r
FOX Business
Oct 27, 2016 2:00pm EDT
jobs because some of these jobs went to mexico, some to china and this is an issue that resonates. let's listen in to donald trump and we will get some analysis in a minute. >> thank you very much. thank you. unbelievable. people don't know, i worked in ohio. did you know that? and i had a great experience. if i didn't have a great experience starting out when i was very young, maybe i wouldn't be here right now. in 12 days we are going to win ohio and we are going to win back the white house. a brand-new paul from remington research, highly respected, has just a few minutes ago come out. and in ohio we are right now four points up. [cheers and applause] >> early voting is underway so make sure, get out and vote. we don't want to give this away. we have a movement going on like they have never seen before in this country, got to drain the swamps. got to drain the swamps. this is a movement like they have never seen, every place is packed, the greatest people on earth and we will turn our country around and turn it around fast. 75% of the people think our country is headeded in the
FOX Business
May 4, 2016 2:00pm EDT
there, broken all the china china in the china store and said, by, guys, we're out of here. they do not trust the washington elite. it will really be the next modern chief that has to solve this problem. ashley: what kind of a reaction, i guess, actions speak louder than words? >> absolutely. if he can sell that to our allies, then he has a chance. all of these bridges have been burned. he will have to rebuild them one by one. ashley: i want to talk about your book group quickly. "defeating jihad." friendly to the u.s. wanting to get these people out. what kind of a role should the united states play here? >> defeating jihad is jihad is about getting politics out of the predecessor and did no political process. second, support our allies that need to be the face of this war by rebuilding those bridges and sending our guys in as trainers to the brigade level. across the region so there is a real coalition. it is just a village. lastly, like a cold war. the long-term victory is not body bags. it is julep to -- counter propaganda. we have to do the same thing with our muslim allies. as
FOX Business
Sep 30, 2015 2:00pm EDT
. giving us economic data from china. started signaling in august. the third thing is every single stock out there, whatever the business model is, the same way. >> you are one optimistic guy. the fed will raise. we will get that out of the way. china is not really as bad as you think. >> if china bottoms, those two major headwinds become tailwinds. >> thank you so much, jonathan, gerri and art. coming up, we will have more on these russian airstrikes. what we heard from the secretary of defense at the top of the hour. how is it that the president of the united states did not see this one coming? stay with us. ♪ we're cracking down on medicare fraud. the health care law gives us powerful tools to fight it. to investigate it. prosecute it. and stop criminals. our senior medicare patrol volunteers are teaching seniors across the country to stop, spot and report fraud. you can help. guard your medicare card. : ted fraud. we're cracking down on medicare fraud. let's make medicare stronger for all of us. : . >> our position is clear, that a lasting defeat of isil and extremism in syria can
FOX Business
May 6, 2016 2:00pm EDT
planning on visiting china again this month. shares of apple are actually down for a third straight day. the lowest level we have seen since august. tim cook has been making these trips since china. the property staff, of course. people participating in china. given the slowdown. we will be right back. much more. including a look. what it means ♪ trish: only 160,000 jobs were added last month. let's put this into perspective. it is nothing. you need to be adding at least twice that. inflation in the population, that is. you need to add more than 300,000 jobs a month. we are not doing that. we are now at the lowest level then we have been in since september. now looking at this statistic. the labor force participation rate. the number of people that say they are looking for jobs right now. well, that is that the glow is level that we have seen since the 1970s. you have people basically giving up. i cannot find a job. why will i keep looking. you find some other means. giving up on work altogether. the president says our economy is doing well. we are on the right path. university of
FOX Business
Jun 7, 2017 2:00pm EDT
a hole to china. at&t is working with farmers to improve irrigation techniques. remote moisture sensors use a reliable network to tell them when and where to water. so that farmers like ray can compete in big ways. china. oh ... he got there. that's the power of and. >> news just breaking. this is james comey's opening statement, seven pages of it. we have been bringing you all of it. we're bringing you some analysis. let me share some headlines from this. seems as though the president did ask for the fbi head's loyalty. now there will be people inferring what you will from that. but he did ask for his loyalty. james comey is essentially saying in the opening memo here, loyalty may have meant different things to each of them. joining me, club for growth president david macintosh. conservative commentator gina louden and nathan. david, how do you interpret this loyalty comment? >> that is very interesting. i served in the justice department as a young lawyer to attorney general meese. it is very appropriate for the president to ask all of the members of the justice department to
FOX Business
Jan 10, 2017 2:00pm EST
, export, reminds me of the "seinfeld," it can get complicated. if china is makin something overseas and want to send it here to the united states of america. >> we do not tax it. trish: we don't tax it right now. by the way, they tax us if we send something over there. the thinking is we'd be looking at a tax on that import coming into the united states of america from china, but if we made something here, we wouldn't tax it, we wouldn't tax that corporation for the goods and the profits they made here, just so i understand you. >> well, exactly, if it's -- well, if it's consumed here, in other words, what we're doing is moving more towards a policy where we're taxing what things are consumed rather than where they're produced. you can see the difference. what happens is and donald trump has a very solid point here. we have all the free trade deals, we won't tax your imports if you don't tax our imports and so on, but what happens is those countries slap our exports with what's called a value added tax, trish, that's like a tax that they charge at the border. trish: i know, i know. >> w
FOX Business
Sep 30, 2016 2:00pm EDT
international players including china and russia. the question why on earth why voluntarily do had? nobody asked us to do this. it fits obama's pattern, united states shouldn't be in in control. one among equals. american power is inherently dangerous we have to put it under restraint and the long-term worries are very real. trish: colonel i look at war on terror and all this social interaction happening online through isis and the people it is trying to recruit. i question why can't we get in front of that? why aren't tech companies getting in from the time of that more? that is another question for another day but why think we have the control over the entity, the internet, the idea we cede that away to an international body, why give up that? >> well, begin i think it's president obama's world view is that the united states has too much power and we have to be tamed. beyond a certain point though it is foolish and inexplicable. from a security standpoint the internet is new battlefield. if you have measure of control, why on earth cede it to players like russia and china? trish:
FOX Business
Mar 21, 2016 2:00pm EDT
economic open door like china. we certainly do not trust china. we look at the geographic proximity. i think, quite frankly, when we look at the president, we look at the path of drug trade, central america and the geographic location that cuba has and what the united states can do with them, with regard to drugs trade and the path of the immigrants, i think that this is necessary. it is long overdue. we have not been attacked. i think they need us more than we need them. >> let me ask you this. >> this is a big thing for barack obama. he wanted it as part of his latest seat. even if america did not hit anything. >> hated the united states of america. i just question if this would have happened. >> i thought of that myself. i think the united states has been waiting for his big brother to die. you look at some of the absence you take. in order to remain, at some point, you have to give something to the american people. he knows that they are just so isolated. the change of dynamics politically. cuba cannot do this. >> a do not have the revenue stream and venezuela. helping support thei
FOX Business
Dec 21, 2015 2:00pm EST
comparison with "star wars the force awakens" numbers because it did not open in china. really? come on. second, ashley webster. ashley: thank you very much. welcome, everybody, to the intelligence report. donald trump. trailing in the polls. has gotten the attention of hillary clinton. clinton called it donald trump the best recruiting tool for isis. now, trump wants an apology. >> i will demand an apology from hillary. you can be the messenger. she should apologize. she lies about e-mails. she lies about whitewater. she lies about everything. she will be a disaster as president of the united states. ashley: she lies about everything. what is your take on this? it has not worked out too well. >> this is what donald trump has been talking about, tweeting about, all day long. it continues to press on throughout the day. i want to show you that. real quickly, do you think that hillary clinton will apologize to me? there is no video says trump. isis is using videos for trump to workgroup. >> he is becoming isis bassett rooker. they are going to people, showing videos. more radical jihad. >
FOX Business
Feb 22, 2016 2:00pm EST
issue really concerns me, trish, as i said. the u.s. is number one. number two is china. they have a concern that china government may come to them and say, look, we have so and so. it tries to get the nation. we can get in and check his iphone. the fpi and the san bernardino officials were working this together. it has to be written. just to do with national security. really making it very tightly coupled. you do not want it in a whole host of other areas. if they do that, they will give up their encryption authority. i think that they can hold it tightly. having the fbi go through and a court order, it is expansion of government powers. the legal precedents. a private sector. tim cook is saying, yes, congress, you do a legislative answer. >> right. it is just for national security. trish: this is very much about marketing for apple. they are trying to protect their brand in all of this. do you agree with that testament? perhaps agreed to continue protecting their brand. >> i do agree. i think it is an important part of their brand and why they are doing so well. anybody that has co
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