tv Early Start with Christine Romans and Dave Briggs CNN August 9, 2017 1:00am-2:00am PDT
they it will be met with fire and fury like the world has never seen. >> perhaps one of the most stunning to an adversary in decades. what's president trump's next move? full coverage from washington and seoul. welcome to e"early start." >> i'm christine romans. it is 4:00 a.m. exactly on the east coast. this morning the u.s. and north
crowe facing off in a high stakes game of nuclear confrontation with rump adopt ing a tone never before used by an american commander-in-chief. warning a preemptive retaliatory operation of justice. >> in a statement to north korea, military threatens to strike the territory and mentions two bases. prompting the latest north koreaen rhetoric. >> the threats came hours after u.s. intelligence analysts have concluded pyongyang has produced a militarized nuclear war head. this is a key development in its nuclear ambitions. one official notes the capability is not the consensus of the entire intel community. "the washington post" says the
first defense intelligence agency. reached that conclusion. >> one of 16 communities. president trump responding to reports with harsh rhetoric intensifying concerns about what happens next. jeff czeleny has more from the white house. >> reporter: with a threat of north korea's nuclear program looming larger at the white house, president trump on that working vacation in new jersey making the toughest language yet korean regime. on tuesday on the opioid crisis broef iing, he was asked about north korea. his language is not something we have heard from north korea. >> north korea best not make anymore threats to the united states. they will be met with fire and fury like the world has never seen. he has been very threatening beyond a normal statement.
as i said, they will be met with fire a, fury and frankly power e likes of which the world has never seen before. >> fire and fury not the words of diplomacy. president trump drawing his own red line toward north korea. the president's words seemingly off the cuff coming in response to a question certainly would seem to escalate this more than deescalate it. it certainly heightens the biggest crisis facing this administration. >> jeff zeleny at the white house, thank you. this is hardly the first time north korea made harsh threats. so why is this time being taken more seriously? alexander field joins us live from seoul with some perspective on that. clearly, this one intelligence agency's determination that they have developed a nuclear war
head, that make this is more dangerous. why are we so concerned at this point? >> lock, as youen point out here, north korea typically makes belligerent and bellicose pronouncements, these widespread threats that are meant to inspire fear around the world and right here in south korea. a lot of times there's minimal reaction because they are so used to hearing the constant threats being repeated from the north. what makes this different? you have to look at a the content of what we've been seeing in recent days and weeks. they have shown they have made significant strides when it comes to their nuclear ambitions. not just the miniaturized weapon that could be fitted to an icbm, but they were able to reliablely test two icbms last month. not all the pieces have lined up, but they have shown they can it test them. it's believed they have this war
head. there's the marrying together of the parts and whether or not they could reliablely deliver this. no one wants to see this ratcheted up. officials have been weighing in, but they have been condemning pyongyang for their part including an attack on the installations in guam where there are thousands of u.s. men and servicewomen. they are pointing the finger at north korea for rait raising the threat level with the nuclear ambitions. what's very interesting is you have not had any official responses that we have seen about president trump's comments. his words are much more reflective of what you would. typically seeing coming from north korea, not the united states. so a a lot of people are left to wonder how a u.s. president plans to make good on the kinds of threats he issues. what would come of the ultimatum issued. this is very much just a war of words. but the people who live right
here in south korea, the 20 million people who live in this greater metropolitan area know all too well that somebody misspeaking or somebody misstepping puts them squarely in the line of fire. there's a conventional range of weapons 35 miles north of this city right along that dmz. that's the reality here. >> no margin for error here. that's why every word is being parsed so carefully. thank you for that. democrats and republicans are slamming president trump for escalating the crisis with north korea. many law make ers raising concerns, but the president drawing a line in the sand and not being able to back it up. >> i take exception to the president's comments because you got to be sure that you can do what you say you're going to do. the ruler in pyongyang is not crazy, but he certainly is ready to go to the brink.
the great leaders that i have seen, they don't threaten unless they are ready to act. and i'm not sure that president trump is ready to act. >> this is i can't even believe he did this. i don't know -- i would call on the new chief of staff, who i think is aware of a consequences of the potential consequences of something like this. . i would call on him to tell the president not to do that kind of thing again. >> senate minority leader chuck schumer calls the comments reckless. >> cedrick lateen, nice to see you bright and early this morning on an alarming development in the north korea crisis. we have seen rex tillerson
pursuing peaceful pressure on north korea to ratchet back the situation. then the president comes out and talks about fire and fury. has the president of the united states set a red line here for north korea? >> good morning, i think he really has. i don't think he he intended to do that, but by using the words that he did, fire and fury and power, those are the kinds of words that denote some degree of violence. they denote basically potentially a nuclear response to this issue. and the problem that you got here is the north koreans did not do anything. what was basically happening is there was a revelation of an intelligence assessment of korean capabilities. that's very different from something that it is a provocative act that north korea is famous for, but the other part of it is it's an
intelligence assess isment that the president should have been aware of before making these comments. >> the one thing that struck me about this statement and i don't know if the u.s. has ever taken this position where the nuclear weapons are concerned is that the president said if they continue to threaten the u.s. with act, that's a very. different recipe for the u.s. acting with regard to north korea's nuclear arsenal. >> that's true. and one of the big things that you have here is is the united states has had a def facto no first use policy when it comes to nuclear weapons. and because of that, you are running the risk now of potentially putting us into a situation where we are practically required to use nuclear weapons before anything has happened from the north. that's something that's to u.s. policy, not only in the present
day, but u.s. policy that goes back generations back to the early start of the cold war. >> what about the possibility of more threats? if there are more threats from here and the president has pr s prolsed fire and fury, is the messaging putting the united states in a tough spot. if you get more bellicose language from the north koreans? can the u.s. back away from such strong language? >> not without appearing to be very weak in response to the north koreans. that's a huge issue because what you're dealing with here is a very prickly country that is offended easily and basically flies into the efforts that secretary of state tillerson has been trying to make of getting the north koreans to the negotiating table. it's far more important at this juncture to talk to them.
the kiennd of rhetoric that the president used would be applicable if the north koreans had done something or threat k to do something that was far more overt than the things we have seen so far. they have been threatening to do things that is true, but what think haven't done is actually fired a a missile in angle at some specific target that would have been of military significance. >> there's a lot of stuff in what the "washington post" reported yesterday and then cnn was able to match as well that they have developed this miniaturized nuclear weapon that they could put on a missile. that comes from one of 16 different intelligence b agen agenci agencies. walk us through what would have to happen to bring that to a more heightened level where the president could go to the country and say, this is our best assess the of all intelligence agencies and this is why i have to do what we have
to do. >> what normally happens is the intelligence agencies conduct their individual assessments and what they have is a consensus view that is achieved when multiple agencies plus the office of the director of national intelligence put together and that assessment then is what can then be used to drive national policy or military response. now one quick thing is the defense intelligence agency is actually an all source intelligence agency. they take inputs from the national security agency or the national geospatial intelligence agency that are designed to provide single or one avenue of technical intelligence collection. as the technical intelligence collection and human intelligence that provides that complete picture. once you get the complete picture, that is then what is
used to drive not only intelligence assessments, but also public policy. >> keep hearing about the options on the table, but the big question for me is at what point, under what circumstances are lives going to be put on the line to punish or respond to north korea. i just don't know what is that threshold. >> the discussion of guam is a political thing on the north koreans part as well e. it's an interesting location for kim jong-un and the north koreans to select. >> we're going to talk more about this threat and the possible options here for the united states and change of language from this president. the dow snapping a a nine-day winning streak after tensions with north korea escalated. finally something that knocks the dow off the streak of records. a look at how it's affecting wall street this morning, next. at blue apron, we're building a better food system.
hey, i'm the internet! ♪ i know a bunch of people who would love that. the internet loves what you're doing... ...so build a better website in under an hour with... ...gocentral from godaddy. the internet is waiting. start for free today at godaddy. jack knocked over a candlestick, onto the shag carpeting... ...and his pants ignited into flames, causing him to stop, drop and roll. luckily jack recently had geico help him with renters insurance. because all his belongings went up in flames. jack got full replacement and now has new pants he ordered from banana republic. visit geico.com and see how affordable renters insurance can be.
markets. stocks fell overnight as tensions rise between the skpus north korea. markets in south korea and japan sank more than 1%. the u.s. dollar losing almost all of its earlier gains. it's down 8% this year. investors are piling into the safe havens like gold and bonds. not unusual when you see unease in the international stage. trump's promise of fire and fury to north korea also triggered a sell off on wall street snapping the winning streak after nine straight days of records. the nasdaq and s&p closing lower. stocks have largely ignored tensions hitting new highs off big corporate profits. all three indexes are up double digit percentages, but millions of americans haven't felt the roaring stock market reallily. stock records are a measure of companies well being, not necessarily workers. only about 54% of the country is
invested in the stock market. no explanation from the white house after president trump retweeted a fox news story citing anonymous sources claiming the u.s. had detected north korea moving an anti-ship cruise missiles. the information in the report was classified and leaked. >> she described such leaks as incredibly dangerous, but that didn't stop the president from retweeting it just a few hours earlier. a defense official did later corroborate that report telling cnn that north koreans have l d loaded two anti-ship cruise missile canisters on to a guided missile patrol craft. >> president trump is calling for beefed up law enforcement to combat the opioid crisis. but health and human services secretary tom price says the white house has no plans to declare a public health emergency. something the president's
bipartisan opioid commission strongly recommends. >> price says the president plans to treat the epidemic as an emergency, but won't declare an emergency. the president raising eyebrows by suggesting the best way to avoid is to never start in the first place. despite the fact that studies have found many people get hooked on opioids after their doctor prescribes them painkillers. mitch mcconnell getting a little prickly with the president. leveling his toughest criticism yet during a speech to a rotary group in kentucky. listen to mcconnell take a shot at the president when asked about congress's inability to get things done. >> the president and others have set these early about things need to be done by a certain point. our new president, it's a lot of work. and i think had excessive expect tapgss about how quickly things
happen. >> mcconnell went on to say the lines of communication between the branches remain strong but e he wishes the president would tweet less and stay on message more. >> i have never heard that. no one has said the president should tweet less. the a country music voice of a legend has died. we remember glen camp bell next. ♪
at where instead of payinging a befor middlemen,em. we work directly with family farms to deliver higher quality ingredients for less than you pay at the store. get $30 off at blueapron.com/cook the suspect accused of shooting a police officer is behind bars. authorities say the 39-year-old was captured without incident tuesday night after a driver spotted him walking on a highway about 12 miles from where the shooting took place. he's being treated for a bullet wound suffered in the shootout. he's facing a first-degree murder charge in the death of officer gary michael. alarming new statistics on colon cancer shows colon cancer
death rates are staedly rising for americans under 50. doctorsen don't know why. since screening is not typically recommended for adults under 50, research essay the cancer is found in younger americans are often in advanced stages and more deadly. colon cancer is the third leading cause of women in the u.s. and second leading in men. >> under 50. legendary singer glen camp belle has died. after a brave and public bat wl alzheimer's disease. ♪ >> he had a string of hits including "rhinestone cow cboy" among many ohs. >> after his doigs in 2011 he played a two-year farewell tour
which was chronicled in the documentary "i'll be me." among those paying tribute is dolly parton who says campbell had one of the greatest voices ever. he was 81. >> american original. flooding concerns this morning in the south from texas all the way to the carolinas. we want to get the latest from me. >> flooding is going to be a concern in the southeast. we have five states that have some type of flood watch or flood warning in effect for the day today. including the city of houston, which over the last 48 hours has picked up to 4 to 8 inches of rain in some spots. the problem with that is we expect even more rain today on top of what they have already had. and houston is not the only city. really much of the southeast we're talking nashville, montgomery, atlanta and savannah
locking at showers and thunderstorms, which could produce some torrential downpours. it's help iing to keep temperatures below average including atlanta with a high of 10 degrees below the normal. cities like chicago, washington, d.c., st. louis and new york, your temperatures that will be below normal will have to hold off until the end of the week. >> thank you so much for that. "early start" continues right now. they will be met with fire and fury like the world has never seen. >> a stunning public threat to an american adversary. what is president trump's next move after north korea defied him with another threat to the u.s.? we have full coverage this morning from washington and seoul. welcome back to "early start." i'm christine romans. >> and i'm miguel march kwez. it's 28 minutes past the hour.
high stakes saber-rattling as they threaten ab attack on u.s. territory and president trump warning of fire and fury. pyongyang with a major escalation warning of a preemptive retaliatory operation of justice. >> in a statement the north korean military threatens to strike the u.s. island of guam and it specifically mentions anderson air force base on guam. that's home to two american bombers that flew over the korean peninsula this week prompting the latest north korean rhetoric. >> the north korean threats came hours after we also learned u.s. intelligence analysts have c concluded pyongyang produced a miniaturized nuclear war head. the war head. capability is not the consensus of the entire u.s. intelligence community. "the washington post," which first published details, says the defense intelligence agency reached this conclusion.
>> president trump responding to these reports with very sharp rhetoric intensifying concerns about what happens next. jeff zeleny has more from the white house. >> with a threat of north korea's nuclear program looming larger here at the white house, president trump on that it working vacation in new jersey making the toughest language yet toward the north korean regime. on tuesday during another briefing on the opioid crisis here in america, he was asked a question about north korea. his language was something we have not heard from an american president. >> north korea best not make anymore threats to the united states. they will be met with fire and fury like the world has never seen. he has been very threatening beyond a normal statement. and as i said, they will be met
with fire and fury and frankly power. the likes of which this world has never seen before. >> fire and fury certainly not the words of diplomacy. president trump essentially drawing his own red line toward north korea. the president's words seemingly off the cuff coming this response to a question certainly would seem to escalate this more than deescalate it. it certainly heightens what is the biggest crisis now facing the administration. >> this is hardly the first time north korea has made harsh threats. had this one being taken more seriously? we want to go to alexander field in seoul, south korea this morning. the south is koreans are used to it. they have heard it for years out of the north. how are they reacting this time? >> threats from north korea always raise alarm as bellicose
as they may be and often times they are largely or wholly ignored even really in south korea. there is a different kind of response that's been percolating not just in response to these threats but in recent days. you heard the president here in south korea talk about the need to overhaul and step up south korean defenses. that certainly speaks to the gravity of the security situation here on the peninsula. and those threats from north korea in the midst of it. we're talking about many threats now and specific threats like using long or medium-range missiles to launching military attack on the territory of guam, where there are thousands of u.s. servicemen and women. that's also for the bombers used in training exercises by the u.s. military flying over the korean peninsula as recently as monday. north korea, while it is making threats per usual as you can ask anyone, also has some reason to be taken more seriously by. the world at large and that's because they have proven they have expanded their capacity.
they have rapidly developed their missile and nuclear program test launching two icbm z and the latest piece of intelligence seeming to suggest they could have miniaturized a war head that could be mounted to an icbm. they would have to e get the reindustry part right. but certain ly it does raise th security concerns. officials in the region are reacting, but they are focusing on pyongyang. they are condemning pyongyang for issuing threats, raising the tension level. interestingly, we have not heard tishls in the region comment on those fiery remarks from president trump. really rare words to hear from a u.s. commander-in-chief talking about fire and fury. why aren't officials here commenting on that? all we can do is point out there's a close relationship between south korea and the u.s. more than ever, japan and south
korea are counting on the cooperation of the u.s. for the defense and security they feel they really need. miguel? >> interesting, 20 million south koreans in seoul. 30,000 american troops nearby as well. all of this happening against a disturbing background. thank you. >> democrats and republicans are slamming president trump for escalating the crisis with north korea. many lawmakers raising some concerns about the president drawing a line in the sand and not being able to back it up. >> i take exception to the president'sen comments because you've got to be sure you can do what you say you're going to do. the ruler in pyongyang is not crazy, but he certainly is ready to go to the brink. the great leaders that i have seen, they don't threaten unless they are ready to act. and i'm not sure that president trump is ready to act. >> this is so irresponsible.
i can't even believe that he did this. i don't know -- i would call on the new chief of staff, who i think is aware of a consequences of the potential consequences of something like this, i would call on him to tell the president not to do that kind of thing again. >> chuck shoochumer calls the president trump's comments reckless. >> we want to bring in military analyst and retired air force colonel cedrick lateen, coming to us via skype. thank you for being with us this morning. just to give us a sense of the president's remarks. you saw his remarks sitting at the table sort of arms crossed speaking very forcefully. as a military man, what did you draw from the way he spoke to the north koreans and addressed this? >> this would be something that
i would expect a commander-in-chief to say if there had been an actual incident or if there was an actual situation where the north koreans had actually done something, where they had attacked a city or done something like this or had threatened to do that. what we're reacting to here is an intelligence report that talks about a north korean capability. the timing of these remarks to be a bit off from what it would normally be. so from a military perspective, you look at this as the kind of remarks that would get the forces ready, that would get the forces ready to engage a foreign adversary and in this case the foreign adversary is one that wants to not only tangle with the u.s. and says it wants to tangle with the u.s., but also an adversary that's exceedingly dangerous. >> it says it wants a preemptive
retaliatory operation of justice. that's sort of bellicose language that the north koreans use. but the language on the u.s. side matters too. presidential language matters. fire and fury is what this president said. is there a risk here that the united states is not able or doesn't want to back up that kind of language? you have rex tillerson, the secretary of state in the region now really pursuing what has been called peaceful pressure, a very different kind of strategy than what we heard from the president yesterday. >> that's right, christine. the strategy that secretary of state tillerson seems to be p pursuing at this junctionture is one of which we have a way in which to get the north koreans to the table. he's looking at various means to get a country that has been very reluctant to negotiate, and when they do negotiate there's a lot of problems with those negotiations. . but at the very least what the
secretary of state is doing is in concert with previous efforts in the region. the kind of rhetoric that you heard yesterday from the president is one that that kind of effort by the secretary of state and makes it very difficult from that perspective to actually change king course and to do things that would ratchet up the kind of rhetoric if there were a provocation from the north. without that direct provocation, it becomes very difficult to go even further in rhetoric or in action. >> probably makes it harder on our allies in the area to do anything as well. the post editorial regarding fire and fury comments is pretty tough. saying that it president trump's unsettling threat was reckless and unnecessary and bombast. it remabled nothing as kim jong-un's regular denunciations of the united states, frantic and hyperbolic.
why would the president of the world's most powerful nation want to descend to that level? the only thing the president's words do is ensure that north korea will accelerate its nuclear weapons program. >> it's certainly a big risk, miguel. if the north koreans take these words to heart, which has been pointed out, this is something that is very similar to north korean rhetoric you hear from their leaders. if they take these words to heart, it will probably result in an acceleration of an already accelerated program. the assessments that we see right now from the intelligence community are ones that really indicate that the north koreans have moved very quickly to establish a military capability that is a game-changing military capability. so it's definitely right to be concerned and definitely right to be on guard. the problem that you have is you
have to pick your moments when you do this. i think the right moment was one that was not picked in this instance. >> you did not see careful diplomacy there. is that what you're saying? >> that's right. this is something there was one aspect that was handled on the diplomatic side with secretary tillerson, one that promised perhaps some way of getting out of this current situation or at least a way of containing the north korean effort. this other effort where this rhetoric from the president in essence takes that off its tr k tracks and creates a problem from a policy-making standpoint and also increases the risk of miscalculation on both sides. >> there's no room for error on this. there's a maddeningly short list of options for north korea and all of them are bad essentially. >> that's right.
it's a very difficult target set from just a technical military perspective and it is one in which the way in which you go about finding targets and making sure you can dpo after targets requires a great deal of rigorous thought and that becomes something that this administration has to work on, quite frankly, in order to achieve desired foreign policy goals. as president obama told president trump, the most difficult area to deal with. >> this is one of 16 intelligence agencies who has come to this conclusion that they developed this min char rised nuclear weapon. is that actionable that information alone? >> not normally. so the way it generally works is when an intelligence agency is makes an assessment, they then farm that out to the other agencies to hopefully achieve a consensus view of the particular
issue that they are discussing. the fact that this is the dia document usually indicates that several intelligence agencies already had a hand in making that assessment. but it is not the type of formal assessment that you need now from the office of the director of national intelligence, which oversees all of those 16 intelligence agencies. so that assessment from the odni was lacking in the document that came out via "the washington post" and cnn reports. >> we dwan. the week with a win for the might be strags on sanctions. >> 15 to 0, unheard of. >> then the story has just sort of really swelled from there. thank you very much, colonel. we really appreciate you getting up so early with us. president trump has made his disdain for anonymous sources clear. so why did he retweet an article
for years, centurylink has been promising fast internet to small businesses. but for many businesses, it's out of reach. why promise something you can't deliver? comcast business is different. ♪ ♪ we deliver super-fast internet with speeds of 250 megabits per second across our entire network, to more companies, in more locations, than centurylink. we do business where you do business. ♪ ♪
allergytry new xyzal®.ou have symptoms like these for relief is as effective at hour 24 as hour one. so be wise all take new xyzal®. welcome back. the trump administration plans to slap duties on aluminum foil. chinese foil is subsidized by the government so will place taxes up to 81% on all imports. the congress secretary says the move will stop harmful trade practices from foreign nations attempting to take advantage of industries. this action isn't part of a larger upcoming investigation into unfair chinese trade practices. officials say that could come any day now. many think washington is delaying a more aggressive move against china for now. why? two words. north korea.
president trump has taken a more cautious approach after meeting with the president in april. he said he would go easier on trade in return for pressuring north korea on his nuclear program. >> we want to get back to the north korean situation. residents of a tiny pacific island now caught in the middle of this. we want to go live to guam where it's approaching 7:00 p.m. and bring in robert santos. thank you for being with us. guam heard these threats from north korea before. the u.s. military has a political issue there. how is this it being read there on the island? >> it just depends on who you speak to. when you talk to people about are they afraid. the people i have spoken to say no. we are under u.s. we have got two military bases here. the bombers headed to the
peninsula came from here. we have the missile defense system. we have the u.s.'s commitment that we are going to be safe. so that side will be that we are safe. then lthere's the other said tht says do we really know that for sure. people say look back to world war ii when the u.s. before the bombing of pearl harbor committed to guam that guam would be safe. well, many believe that that time after the bombing of pearl harbor that the u.s. was interested in just protecting its military assets here, but not necessarily the people. so for 32 months the people of guam endured the atrocities of the japanese at that time. so when you're talking to historians and people who are from guam who are actactivists, they would say, no, we are not to trust to be safe. >> is this in line with previous
threats that north korea made toward guam? >> it was about four years ago when there was another threat that came about. the majority of people believe this is just a threat. they believe this is just kim jong-un just speaking. and so there are people who believe that, yes, it's concerning that this is a direct threat that guam was named specifically and in light of what's going on around the world, they are concerned, but at the same time, they are trying to be cautious about all this. and we are being assured by local leaders there's no particular threat and the threat level has not changed. >> and clearly also aimed a at the political issue of anderson air force base. u.s. wants to increase a the
size of that base. guam has been controversial. many would like to see it go. robert santos, thank you very much. still no explanation from the white house after president trump retweeted a fox news story citing anonymous sources. claiming the u.s. had detected north korea moving anti-ship cruise missiles to a patrol boat. haley indicating the report was classified and leaked. >> she described such leaks as incredibly dangerous. but that didn't stop the president from retweeting it just a few hours earlier. a defense official familiar with the latest intelligence did later corroborate that report confirming to cnn the north koreans have loaded two anti-ship cruise missile canisters on to a patrol craft. >> will the u.s. investigate that leak and possibly the president? >> 51 minutes past the hour.
the highest number of job openings on record. so where are the wage hikes to match? that's on cnn money stream, next. and only one network can be the best... verizon. just named number one in the nation by rootmetrics, the largest independent study. in call, data, speed, and reliability. and awarded number one overall network for the eighth time in a row. because only verizon has the best network and the best unlimited.
at where instead of payinging a befor middlemen,em. we work directly with family farms to deliver higher quality ingredients for less than you pay at the store. get $30 off at blueapron.com/cook but with odor free blue-emu continuous pain relief spray, pain used to shut me down during pick-up games. i can box out any muscle or joint pain immediately. blue-emu continuous pain relief spray. it works fast and you won't stink. hey, i'm the internet! ♪ i know a bunch of people who would love that. the internet loves what you're doing... ...so build a better website in under an hour with... ...gocentral from godaddy. the internet is waiting. start for free today at godaddy.
breaking news out of paris this morning. officials say a car rammed a group of soldiers deployed on a mission. two soldiers have injuries police say are serious, but not life threatening. four others were lightly injured. this is the sixth attack on french military or police so far this year. legendary singer glen campbell has died after a battle
with alzheimer's disease. ♪ >> that voice, "gentle on my mind", one of his string of hits including "rhinestone cowboy", among many others after his alzheimer's diagnosis in 2011, he played a two-year farewell tour chronicled in the documentary "i'll be me." among those paying tribute is dolly parton who says campbell had one of the greatest voices ever. glen campbell was 81. >> let's get a check ob cnn money stream. the fiery warning to north korea is unsettling global markets. futures. dropping overnight as tensions rise between the u.s. and north korea. while investors flee to safe havens like gold and bonds, president trump's promise of fire and fury to north korea
also triggered a sell off on wall street snapping the winning streak after nine straight days of records. the s&p also closing lower. the american economy boasting the highest number of job openings on record up 9% in june. 6.2 million open jobs today at this moment. that's according to a labor department report. this high number illustrates then strength and the weakness of the current jobs market. employers have plenty of jobs, but businesses claim they struggle to find qualified workers to fill them. however, some economists question the so-called skills gap encouraging employers to higher offer wages to attract talent. overall wage growth has been flat the past few years. it's the missing part of the job recovery. disney is pulling content from net flix to launch its own streaming service. it makes up the majority of the revenue, but those channels have
taken a hit as viewers cut the cord. disney plans to start its own online streaming services. one branded channel for sports content and one in 2019 for disney movies and programs. they will pull all movies from netflix. the marvel tv series will continue to live on netflix, for now. both stocks movie ining on that yesterday. "early start" starts right now. . . . they will be met with fire and fury like the world has never seen. >> a stunning public threat to an american adversary. what is president trump's next move after north korea defied him with another threat to the u.s. we have full coverage this morning from washington and from
seoul. welcome to "early start" i'm christine romans. >> i'm miguel marquez. high stakes, a game in north korea is threatening an attack on the u.s. president trump warning of fire and fury. pyongyang warning of a preemptive retaliatory operation of justice. >> in a statement, the north korean military threatens to strike the u.s. territory of guam and specifically mentions andersen air force base, home of two american bombers, prompting the latest north korean rhetoric. >> the north korean threats came hours after they learned that u.s. intelligence has determined that pyongyang has a miniature warhead. this prompted a harsh response from president trump. our coverage continues with ryan brown in washington. >> reporter: the