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tv   FBN AM  FOX Business  August 21, 2019 5:00am-6:00am EDT

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guests. looking forward to tomorrow night. i hope you are as well. see you then. thanks for being with us. good night from new lauren: it is 5:00 a.m. here are your top stories at this hour. the u.s. economy is solid, that's the message from president trump as new reports surface that the white house is looking to bolster growth just as it plays down recession fears. cheryl: deadbeat loser, that's what some are calling a push by some 2020 candidates to reform healthcare. lauren: apple has a plan to win the streaming wars. is it too little, too late. cheryl: and why the government is catching heat for what it says is the best summer thermostat settings, it's become a battle of the sections. it is wednesday, august 21st. "fbn: a.m." starts right now.
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♪ ♪ well, you could have been anything that you wanted to. ♪ and i can tell. ♪ the way you do the things you do. cheryl: welcome to "fbn: a.m.." good morning. i'm cheryl casone. lauren: good morning, nice to see you. i'm lauren simonetti. cheryl: let's take a look at how your money is moving this wednesday morning after yesterday's 100 plus point loss on the dow. we are up right now, 168. no news on the trade front. investors seem to like that right now. s&p up 21 and a quarter, nasdaq up 68 and a quarter. lauren: quiet could be good. let's check on the yield on the 10 year treasury as we await jay powell speaking on friday. 1.58%. cheryl: oil right now as you can see, it is up about nine
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cents. we'll get an update on supply today. right now, gold is down by $7. lauren: stocks in asia largely in the green this morning. the nikkei in japan down a quarter of 1%, but the kospi up a quarter of 1%. cheryl: no new news on the u.s.-china trade war. in europe, investors saying good-bye to italian stocks. you've got green arrows across the board in europe. lauren: everyone's talking about this potential recession. president trump now considering several tax cut proposal as speculation continues about the true health of the u.s. economy. cheryl: we get more from blake berman in washington. blake, good morning. >> reporter: president trump says talking up a recession is, quote, inappropriate, and he set aside any recessionary fears, while also talking about the possibility of tax cuts. despite the white house talking down the possibility of a payroll tax cut, president trump
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saying tuesday it's something he's thought about. the president also endorsed potentially indexing capital gains. >> i'm not talking about doing anything at this moment but indexing is something that a lot of people have liked for a long time and it's something that would be very easy to do. payroll taxes, i've been thinkerring about payroll taxes for a long time. whether or not we do it now or not is -- it's not being done because of recession. >> reporter: the president also let loose against the critics who say the trade war with china might be unnecessarily harming the economy. the president saying his trade deals aren't causing a problem because o it is, quote, somethig that had to be done. >> it's about time. whether it's good or bad for our country, short-term, long-term it's imperative that somebody doesedoes this. somebody had to take on what china was doing to the united states economically. we're winning big. >> reporter: the president said in his view the fed should drop
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interest rates by 100 basis points, clarifying, saying, it should be done over time. back to you in new york. cheryl: blake, thank you. president trump would not be the first president we should add to temporarily cut the payroll tax to help boost the economy. former president obama took that same step back in 2012. lauren: the federal reserve releases minutes from last month's policy meeting today. we could learn more about what was behind the fed's move to cut rates for the first time in more than a decade. investors will be looking for clues from chairman jay powell about how many more rate cuts we could see for 2019. all of this ahead of a speech by powell on friday at the fed's jackson hole symposium. cheryl: despite warnings from china, the trump administration has approved the sale of f-16 fighters to taiwan. that deal, 66 jets worth $8 billion, taiwan made the purchase to upgrade its air defenses. china's foreign ministry warned the u.s. the sale will have
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consequences. washington and beijing are continuing to face off in tough trade negotiations. lauren: with that we go to hillary vaughn. she reports from washington. >> reporter: good morning, lauren and cheryl. president trump defending his trade war china and debating ways to boost the economy but he says he is not ready to make a deal just yet. >> i can tell you, i'm not ready to make a deal unless they're going to make the right kind of deal. i'm not ready to make a deal. i don't know. i will say this. something will happen, maybe soon and maybe a little bit later. but china very much wants to make a deal. >> reporter: the trump administration continues to send china signals that what happens in hong kong will be on the table with trade negotiations. mike pompeo says if president xi tries to intervening in hong kong by cracking down on protest protesters with violence, that could make a deal with the u.s. more difficult. later today they will try to hammer out the details of a
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potential trade deal on the table, a deal on cars and agricultural products. lauren: joe biden is blasting president trump for starting a trade war with china. he was on the campaign trail in iowa in th and he says donald tp doesn't understand the effect the dispute is having. >> trump's tariff war is just affecting farmers. it ripples through the entire economy, hitting industries that support agriculture and hitting organized labor. trump inherited an economy that was growing from the obama/biden administration, just like he inherited everything in his life. [ laughter ] >> and how he's in the process of squandering it like he squandered everything else he inherited in his life. [ cheering and applause ] lauren: a new poll shows biden's lead among the other democratic contenders is
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widening. cheryl: china is pushing back against twitter and facebook. the social media companies have blocked accounts they say were part of a misinformation campaign against hong kong pro testers. china says they were used by chinese citizens overseas expressing their independent views. china's government blocked access to facebook and twitter. twitter says the accounts were likely operating with the permission of the chinese government. lauren: new released court documents show huawei's chief financial officer fought efforts to be extradited to the u.s. she said it was likely done at the order of the fbi. cheryl: walmart is now suing electric car maker tesla over roof fires at several walmart stores that happened last year. here's what's going on. walmart is alleging the fires
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were caused by tesla's solar panels. the complaint is accusing tesla of negligence. we should take a look at shares of tesla right now. you can see as the stock is under pressure it's down a buck 85 in the premarket right now. lauren: boeing says it will hire hundreds of temporary employees to help get the grounded 737 max planes off the ground, once the faa lifts restrictions after two fatal crashes involving those planes earlier this year. since most of the planes have been grounded for at least six months, boeing said they will need extensive maintenance and testing before they can be delivered to carriers. family members of the victims of both crashes are concerned that boeing's plans may show that they haven't investigated the cause of the crash as thoroughly as they should. cheryl: we're going to get more retail earnings out today, especially this morning. we have lowe's, target and nordstrom reporting before the opening bell. the retail sector the focus this
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week. investors are seeing what effect the trade war with china has had on their bottom lines and more in particular what the forecasts are going to be. lowe's, target will be coming out before the bell this morning. "mornings with maria" will have all the -- maria bartiromo will have the breaking earnings news. "mornings with maria" starting at 6:00 a.m. eastern time on fox news. lauren: the white house is expected to roll out a new immigration rule today. cheryl: we've got tracee carrasco with that story. good morning. tracee: good morning. the white house plans to release new regulations to make it easier to keep immigrant families detained together for longer periods of time at the southern border by removing the current 20 day limit on detention of children. the regulations are expected to face a legal challenge. president trump and nicolas maduro confirm that the u.s. and venezuela have been holding secret talks with high level officials but now maduro says he is ready to meet with president trump directly. there had been reports that secret talks between the white house and venezuela's socialist
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party had been going on as they seek promise this won't face prosecution for alleged crimes if they give in to pressure to remove maduro from office. the u.s. considers opposition leader juan guaido to be the legitimate leader of the country. universal background checks are not off the table. the white house pushing back against a report in the atlantic claiming the president told the nra that he would not support the proposed measure. a white house official tells fox news meaningful background checks remain a legislative option in the wake of the deadly shootings in el paso and dayton. meanwhile, gun sales are turning to facebook to reach consumers. the sale of guns is forbiden on facebook's marketplace for secondhand goods but sellers found a way around the rule. they post gun cases or boxes at inflated prices, then use private messages to confirm with the seller that they are actually selling firearms.
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a spokesperson for facebook tells the wall street journal that facebook takes immediate action against people cross-selling guns on the platform. lauren: investors looking to the fed for the next policy clues and with that we have a rally, dow up 166, s&p up 20, nasdaq gaining 66 this morning. another day, another data breach. this one is exposing thousands of credit card information but this breach was possible because the system wasn't password protected. can you believe that? and adulting is hard. really hard. you won't believe how some people are now choosing to cope with adulting. keep it here, "fbn: a.m.." ♪ running down a dream. ♪ never would come to me. ♪ working on a mystery. ♪ going wherever it leads. ♪
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dear tech, let's talk. we have a pretty good relationship. you've done a lot of good for the world. but i feel like you have the potential to do so much more. can we build ai without bias? how do we bake security into everything we do? we need tech that helps people understand each other. that understands my business. we've got some work to do. and we need your help. we need your support. let's expect more from technology. let's put smart to work. ♪ ♪ announcer: only fidelity offers four zero expense ratio index funds directly to investors. and we have zero account fees for brokerage accounts.
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at fidelity those zeros really add up. ♪ maybe i'll win ♪ saved by zero lauren: movie pass left thousands of customers' credit card numbers and other sensitive information exposed for anyone to find on an online database. tech crunch is reporting that a cyber security expert discovered this unprotected server because it wasn't password protected. it's not clear if any of the information was ever collected or disseminated by a third party but now you know. it's all about transparency. facebook is getting ready to let you see which companies track you through the site. the new off-facebook activity tool will let you see and
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control what data outside websites and apps use to provide targeted ads. it won't be a clean slate. facebook says that you won't be able to clear out the data entirely. cheryl: the war on tech is about to go into overdrive. a group of states reportedly organizing an anti-trust investigation as soon as next month. the department of justice, their investigation, is big tech headed for a big break-up. let's bring in ian wishinggrad. google has too much control on search. we've seen the europeans go after them, as well as dc lawmakers saying that big tech is in general a monopoly type of business. this seems to be something that's not going to go a away and it's got bipartisan support. >> the thing that's so different about this, is the consumers in this situation, we don't pay anything. so it's different. monopolies used to be able to control the price of things and
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jack them up. this is different. they're being looked at through an anti-competitive landscape. if you want to compete with them, silicon valley will not fund you because they know they can beat you at their own game. they're trying to figure out a way to level the playing field for everyone else. cheryl: all of this outrage, whether it's europe, the consumer, the election meddling for the russians and the chinese, all of this plays into the fact we love facebook, instagram and what's app. now they're trying to -- talking about trying to divest facebook over the what's app, instagram partnership. i don't think washington can do this. >> a, they just said the companies have spent a collective of $25 million in the first half of the year doing lobbying. everyone's trying to find a way to make sure that when you regulate you do it the right way because it's s it's slop see ift start ripping these apart.
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advertisers complain about the system but there's nowhere else to go put your dollars many it's it's a weird thing. cheryl: facebook, they want to take basically the tracking of our browsers out of the facebook experience. it's not happening in the u.s. now. but eventually we think it will. this is a good move by facebook? i don't know. >> facebook's the sloppiest of all of them. they keep getting their hands slapped, keep doing things that feel like they breach our trust. they're the ones within the scope of the government and amazon is so big. the fact that amazon doesn't pay taxes has nothing to do with anti-competitive measures. cheryl: of course they don't pay taxes. they were smart. lauren.>> there's things calledw banning. my friend is a comedian that is something things that are
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potentially politically incorrect. what facebook is doing, they're over-filtering people and it feels like freedom of speech is stymied. lauren: futures are rebounding after yesterday's selloff. dow futures gaining 167 this morning, nasdaq jumpin jumping . red light on greenland. the fallout as the danish prime minister nix's president trump's plans to buy the island. more next on "fbn: a.m." ♪ i'm stronger than i ever thought. ♪ this was me six years ago...
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cheryl: president trump has abruptly chan selabruptly cancep to denmark after the prime minister said the idea of selling greenland was absurd. the trip had been on the president's schedule. the president tweeted denmark is a special country. based on the prime minister's comments that she would have no interest in discussing the purchase of greenland, i will be postponing the meeting. he also said on twitter. he sai.lauren: with that, the s off. president trump throwing coldwater on an economic downturn. >> i think the word recession is a word that's inappropriate because it's just a word that
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the -- certain people, i'm going to be kind, certain people and the media are trying to build up because they'd love to see a recession. we're very far from a recession. lauren: if there is a recession, the administration is now looking at ways to prevent it. mark hepenstal is the cio of penn mutual asset management. he joins us now. good morning. >> good morning. lauren: is it possible that some folks could actually talk us into a recession and if the administration isn't worried about one, why are they looking at ways to prevent one? >> well, i do think that recessions can happen as a result of a turn in psychology, so in some ways it turns into a self-fulfilling prophecy. our outlook is for i'll say slow but steady growth as opposed to recession or no growth in the intermediate term. the bond market has been easing on behalf of the federal reserve since last november. mortgage rates are down.
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there's strength in the consumer. there's weakness on the business side. our outlook is for steady and ay we get slowead. growth, slower than the president would like as 2020 nears. let's tal talk about options tht could reduce the slow growth. reducing the capital gains tax by indexing to inflation. would that boost the economy or would it benefit those who are invested, the wealthy? >> well, i think you're less likely to see an immediate boost in economic growth in response to a cut in capital gains. i think a cut in the wage taxis more likely to spur economic growth. it wouldn't surprise me if the next plan for the trump administration is to push an infrastructure bill and if it were to be financed by 50 or 100 year bonds issued at close to 2% where we reside today at the long end of the treasury yield curve, certainly i think that would also be a boost for the economy on a more immediate
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term. lauren: that's a good idea. would that infrastructure plan, would that get bipartisan support? because it also puts a lot of people to work. >> well, i do think as we get closer and closer to the election, you're less likely to receive bipartisan support for an infrastructure plan. however, you do hope that good decisions can still happen in dc even in light of an approaching election. lauren: as we wrap this up, jay powell gives a speech in jackson hole on friday. what do you expect his tone to be? >> well, i think he's hoping that we really are in mid-cycle as his july fomc press conference sort of hinted at. i think he's going to err on the side of accommodation, looking ahead. and last year he emphasized the importance of inflation expectations and those have been in decline since november of last year. so we are looking for a more accomodative stance in terms of
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his statements in jackson hole. lauren: we will see. mark, thank you very much for your time. >> thank you. cheryl: youtube reportedly is going to be rolling out a plan to help protect kids online. the company is going to stop allowing targeted ads on videos that children would be likely to watch. this is according to a report in bloomburg and bloomburg reports the move could cut into as much as 10% of the site's ad revenues, that would be $50 million on an annual basis. cheryl: coming up, it's not all handshakes and smiles on the campaign trail. how joe biden reacted when one of his claims fell apart. first it was recreational marijuana, but you won't believe what one judge just made legal. it could have major repercussions on the war on drugs. you're watching "fbn: a.m." ♪ she's got something you just can't trust. ♪ something mysterious. ♪ and now it seems i'm falling, falling for her.
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cheryl: president trump slammed democrats for standing by lawmakers he calls a disaster for israel. >> i can't believe we're even having this conversation. where is the democratic party -- where has the democratic party gone? where have they gone that they're defending these two people over the state of israel? and i think any jewish people that vote for a democrat, i think it shows either a total lack of knowledge or great disloyalty. cheryl: well, the president called out congresswomen ilhan omar and rashida tlaib for questioning u.s. financial aid to israel. prime minister benjamin ne beanu barred them from entering the state. lauren: there are claims that biden drew bigger crowds than the other democratic candidates.
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>> what i'm trying to do is go around from town to town and drawing crowds bigger than anybody. have you seen anybody draw bigger crowds in the state. >> yes. >> you have? >> des moines. >> a few minutes later he singled me out to say he thought i was going to be unfair to him no matter what but he can handle it because he's a big boy. lauren: he was referring to the crowd that senator elizabeth warren drew when she visited in january. take a look at this, recent fox news poll shows warren in second place behind biden among democratic primary voters. cheryl: democratic candidates are set to attend iowa's federation of labor convention today in the hope of gaining on joe biden who is commanding a big lead in recent polling. can they help to catch the fun racing jug -- fund raising
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juggernaut. let's bring in washington examiner commentary writer rod palombo. what do you make of the rnc's fund raising? >> the rnc chairwoman says she ties the increase in fund raising to the president's economic success. that tells me that even though the fund raising is amazing and it's going to give trump institutional support and financial backing that he didn't have in 2016, if there's a recession, though, or if there's an economic downturn, i don't think that's going to be enough to save the president's chances. cheryl: we'll talk about that in another segment on the shoavment i want to ask about the democrats and they're kind of concerned about rural america, rural communities. this is where hillary clinton made a misstep in 2016. and now there's talk among democratic leadership that basically they cannot ignore rural areas, especially, and these are key battle ground
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states, michigan, florida, pennsylvania, wisconsin. remember, hillary lost those rural voters 2-1 and that's where the president got her can they avoid that mistake this time around? >> no. i think they'll do worse with rural voters if anything. the current crop of candidates, with maybe the exception of joe biden, the current crop of democratic candidates is far to the left of hillary clinton and i don't think that most rural he voters are in step with the current democratic party mainstream on some of the social issues and policies. they don't want a government takeover of healthcare, they don't want to decriminalize open border crossings and they're not okay with packing the supreme court as some of the nominees have suggested so i think the democrats will struggle outside of suburban areas, outside of coastal cities. i think they'll struggle with rural voters. cheryl: the cosmopolitan side of the democratic party is how it's described by some. i want to move to comments by
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harry reid out of nevada. he said there are so many more important things to do, decriminalizing border crossings should be way down at the bottom of the list. he said medicare for all would be certainly a disaster. he says how are you going to get medicare for all passed. remember, 90% of americans have healthcare coverage right now. is that a mistake by the dems? >> how crazy is it in 2019 that harry reid is the voice of sanity in the democratic party. you know. but unfortunately, it is not senator reed's party anymore, it's the party of aoc and elizabeth warren. reed is right. it's common sense that a government takeover of healthcare that would throw $100 million people off private insurance, double or triple taxes, crush medical innovation, it's common sense that even democrats should admit it's a bad idea. cheryl: i was just reading a report, medicare for all, a dead
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bang loser for the democrats. and they site a lot of research and polling that shows this isn't going to fly for those dems. brad, we've got to leave it there. thank you for getting up early. we always appreciate it. lauren: a shocking ruling in mexico, a mexican judge has granted two people the right to use cocaine recreationally. it's being praised as a historic first step toward ending the country's war on drugs. the national health department said it will fight to block the judge's order. cheryl: america's first restaurant to serve legal marijuana will open for business in california next month. the cafe will offer what it calls farm to table cannabis and cuisine. it is the first of eight businesses that won approval for a cannabis license in west hollywood. over 300 businesses submitted applications. lauren: the federal government is taking heat for its recommendations for what you should set your thermostat at in
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your house in the summer. energy star suggests 78 degrees when you are home, 85 degrees when you're not home and 82 when you're sleeping. cheryl: is that a typo? i think that should be 62 when you're sleeping. lauren: i agree. 82 at night? you're going to be sweating in your sheets. the internet not cool with the temperatures. some say they would have to change their sheets every night. others think whoever came up with the settings has never been to the south. cheryl: or never dealt with humidity in new york city. from the big apple to all of you across the country, we have green arrows, dow up 175, s&p up 21 and-a-half, nasdaq up 69 and three quarters. we're getting earnings this morning from lowe's, that could change things. but we're on it. a big apple bet, will the tech giant's huge spending on original programming pay off in the long run? and mickey, spidey are parting
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ways. how it could cost sony millions of dollars. you're watching "fbn: a.m." ♪ i'm waking up. ♪ i feel it in my bones. ♪ welcome to the new age. ♪ to the new age. ♪ welcome to the new age. with technology that helps you offer shoppers a better experience. take your company's app. we can add in all sorts of capabilities, which help your customers manage rewards, offers, and payments on the fly. and now, applying for credit can happen in a flash. that way, more people can start shopping with you on the spot, wherever they are. how's that for changing what's possible?
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cheryl: matrix four has now been officially green lit by hollywood. they will reprise roles. the co-creator is attached to the new project. proproducers aimingto start nex. a super deal between sony and disney coming to an end. spiderman will not be getting help from the rest of the marvel pals going forward. the companies couldn't come to an agreement on the future films. this year's spiderman far from home earned billions worldwide. lauren: grab the popcorn because apple is sinking a small fortune into trying to win the streaming wars against netflix, disney and at&t. apple spending some $6 billion on only five shows. how big a risk is this for the house that steve jobs built?
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let's bring in seth sachner. thank you for joining us. good to see you. >> good morning. good to be here. lauren: all right, apple, five shows when apple plus launches, presumably in november, presumably costing $10 a month, is that enough to win over customers? >> well, look, there's a long-term strategy here. those are just five things that have been announced. they have a really, really robust programming slate and it's mostly original content. lauren: but it's five shows. >> from what we've been able to hear. five shows to start, yeah. probably isn't enough in and of itself. they've got a great lineup, spielberg, oprah winfrey, jj abrams. lauren: we're watching the morning show now, the video on the screen and that apparently cost more than hbo's game of thrones which is like the all-time most expensive series.
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>> yeah. well, looking, i think the thing about this service that's interesting is they're really acting like a studio and they're commissioning lots of original content. they've got two sony folks in charge of it so they're doing it in a professional manner. i think the thing to think about this, it's a long-term play for them and that handset and all those ios devices, they're are over 1 billion, i think 1.4 billion ios enabled devices that are out there in the world and this will be a global launch for apple. so just imagine a tiny fraction of those devices activating and promoting those shows, i think it's a powerful thing potentially for them. lauren: how worried should netflix be here? they're spending $14 billion on original content this year. if you compare that with disney, $24 billion, they have so much content and in november they are launching their service, $7 a month for their streaming
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services. is disney the one to beat? >> i think disney's service is very, very compelling. it's very different. it looks like along the lines of their theatrical releases, the tv releases, marvel. if there's a party out there that's watching with concern, i'm sure it would be netflix and if you're a niche ott player, there are con tons of these nice services, from music to sports. those would be the ones that i think would be concerned. i think the real thing you'll probably see over time is a bundling strategy. so disney's likely to go out with a bundle that includes hulu as well as espn for $13, at least that's what's reported publicly. and that's competitive with netflix. i think you'll see that with apple too. that would be my bet on this. imagine a bundle with this tv r -- tv service, it's got music, could have news as well. i think netflix and some of the
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smaller players should be the ones to be sweating bullets here. lauren: may the best bundle win. seth, thank you. >> thank you. cheryl: okay. so still ahead, you know the name. >> the name's bond, james bond. cheryl: yes, ladies. daniel craig is back as james bond. we've got new details on the 25th film in the franchise. and check that attitude at the door, buddy. are you surrounded by sour people? lauren: no, i love you, cheryl. cheryl: if you live in new york, ask yourself that question. a new report sheds light on the least friendly states in the nation. i can't wait to see if we're on this one. keep it here on "fbn: a.m.." ♪ living in a big old city. ♪ and all you're ever going to be is mean. ♪ some day -- from the couldn't be prouders
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♪ why you gotta be so rude? dote.♪ don't you know i'm human. cheryl: it is a dubious honor, new york state coming in last when it came to a study of the friendliest states in america. congratulations, fellow new yorkers, you are rude. some native new yorkers defend themselves many i'm not from here. they say around here, they're really just being honest. the most friendly state in america, minnesota. lauren: they call it minnesota nice. all right. let's get you caught up on global market action. it is looking nice on wall street. investors are waiting for guidance on the fed's next move and trade policy. dow gaining 164 right here in the premarket, s&p up about 21,
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nasdaq rallying 66 points. the close in asia mostly higher but relatively muted performances. the shanghai composite gaining just fractionally. in europe, stocks are trading this early morning to the upside. one and-a-half percent gain in paris, one and a quarter percent gain in germany and the ftse is up 1.1%. investors watching the latest for brexit and, well, a potential political crisis in italy. we bring in michael hewson from cnc markets. italy, michael, now that its government has collapsed, what's next? >> i think this is what markets are currently fixated on and you may be surprised that investors are takin taking it fairly calmn the expectation that the president will call for five star and the democrats to try and put together a temporary
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arrangement. it's not in the interest to hold a new election given the lead if the opinion polls. they'll try to come up with an alternative government to try and replace the current government. they spent the last two years basically criticizing each other. they will be uneasy bed fellows laugh thi.lauren: this happenie budget is due to be submitted this fall. in the u.k., boris johnson will meet with angela merkel. after the eu shot down johnson's idea of scrapping that irish backstop in brexit. so what are the chances that merkel would actually side with johnson here? >> at the moment, between slim and none. i think the eu is still holding out the prospect there will be some caucus in the u.k. parliament that will block brexit or try and force an extension. i think that is highly unlikely,
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the default position is the u.k. leaves the eu on the 31st of october and it's going to be very, very difficult to work around that. lauren: michael hewson, thank you for your time. >> thank you. cheryl: all right. this could be good news for parents. there is a new epipen on the market specifically for kids. lauren: tracee carrasco has the details. tracee: good morning. teva pharmaceutical releases a generic version of the epipen for kids. the two-pack will be available in most pharmacies for $300. this comes amid a shortage of epipens due to manufacturing delays at epipen's maker, pfizer's plant near st. louis. the new bond, james bond movie, has a title and release date. the latest 007 film will be called no time to die. and it will be released in the u.s. on april 8th, 2020. the announcement came on twitter and featured a short teaser. daniel craig reprises his role as bond and ray m rami malik wie
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playing the villain. and fall comes early at dunkin. its pumpkin filled menu rolls out today, including a pumpkin signature latte available hot or iced as well as apple spiced donuts and pumpkin flavored coffee drinks. we have some on set. we have pumpkin donuts, apple donuts, munchkins. cheryl: they've separated us because they want to keep us apart, tracee. these are the donut holes right. tracee: pumpkin and apple. lauren: what's that one right here? tracee: that's the apple. this is the pumpkin donut. cheryl: good. lauren: i like it. it's a faint taste of pumpkin. cheryl: not too strong. lauren: so good. cheryl: the producers are telling me i'm not specific enough on donut choices. lauren: coming up, we have a
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new round of retailers reporting this morning. we're going to find out how badly the trade war potentially hit companies like lowe's and target. and you won't believe the lengths some people will go to to get out of being an adult. keep it here on "fbn: a.m." cheryl: i don't like being an adult. ♪ good relationship. you've done a lot of good for the world. but i feel like you have the potential to do so much more. can we build ai without bias? how do we bake security into everything we do? we need tech that helps people understand each other. that understands my business. we've got some work to do. and we need your help. we need your support. let's expect more from technology. let's put smart to work. ♪ ♪
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lauren: adults are starting to relive childhood, they play kick ball and hopscotch while eating classics like peanut butter and jelly, a booming trend, they go to the bar. cheryl: you may need some drinking games to play together if we get negative numbers, this could be interesting, folks, last quarter dig -- big disappointment, we may need
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drink after earnings, home depot beat and interest sales low e, that's not what you want to see. >> i'm concerned about lose, -- lowes, i think with the lumber tariff that they get, that would be challenging, he needs more time to get the momentum going, i'm concerned about lowes. cheryl: on the back of home depot, we will also be hearing from target, target is interesting because of the wal-mart connection, target, wal-mart have been really to beef up online presence, compete with amazon, how do you think target is doing? >> i like the way it's position, let's not forget in july amazon had prime event which was the biggest event ever, what do you think is going to happen in november, december, i'm more worried about amazon than about
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anything else because the stores have to compete on price and shipping and that's huge. cheryl: target will be more prone to have issues with tariffs, correct, reprieve until december for holiday merchandise but still have to discuss the future on the call. >> the merchandise is coming till december 15. they are missing by being imposed later, a little bit later in december will be better. cheryl: we will be hearing from nordstrom, l brands, owner of victoria secret. >> l brands, i will not talk about that. i can't even say it. i'm going to go to merchandise, it's been losing momentum and shifted direction in their product, looking better, i don't know that they have enough momentum for the holidays.
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>> nordstrom has been criticized a lot for really doing a nice job with closing stores, making sure that the retail stores are open or in good shape, doesn't seem to be helping them, are they missing on e-commerce? >> regular price have been challenging and so, again, i think they are going to have to get into marking things down to make sure they are out by the end of the year if that's the case. >> interesting, i want to go back to lowes because we are moments away on lowes earnings, lowes is indicative of the consumer as is home depot alonging with the housing market, we have seen consumer sentiment is strong but spending will be a key element of lowes this morning. >> one of the things i would like to point out there's a relationship between car sales and house sales, car sales are down, usually house sales are better, we are not seeing that, though, i think it's going to be a little bit challenge and i
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think lowes is going to be suffering there. cheryl: moments away to have those numbers, thank you. lauren: thank you for joining us, mornings with maria start right now. maria: thanks for joining us, i'm maria bartiromo, wednesday august 21st, top stories before 6:00 a.m. on the east coast, breaking news this morning from the retail industry, we are awaiting earnings from lowes, due out any moment, should give us another read on retail, the consumer, state of housing market on home depot's numbers, we will have analysis as soon as they hit the tape. in about 30 minute time we will get target, what it means to possible rate cuts in the near future. the president bushing off recession but also saying he's looking at payroll tax cut and changes the capital gain's taxes as well, what it could mean for
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