Cheap. Lauren let me get to the point, ashley. Technology is making us im impatient. It is wednesday, september 4t september 4th. Fbn a. M. Starts right now. Lauren i am impatient lately. Welcome to fbn a. M. Im lauren simonetti. Ashley good morning, im ash ashley webster, in for cheryl casone. Lauren u. S. Futures looked to recover much of yesterdays selloff, triggered by new data, showing the Manufacturing Sector contracting for the first time in h two years. Ashley the yield on the 10 year treasury is up 1 basis point, right at 1. 48 on the 10year. Lauren yesterday, Major Concerns of a global slowdown, that took down the price of oil, recovering this morning, 54. 17 a barrel. Ashley take a look at the stocks in asia, hang seng closing up nearly 4 on the extradition bill perhaps being withdrawn. The nikkei, hang seng, kospi and shanghai moving higher today. Lauren u. K. Law make voted last night to a allow a bil bilr a no deal brexit in the eu. Ashley Hurricane Dorians eye passed to the east of Cape Canaveral earlier this morning. More than 2 million residents along the coast in florida, georgia, north and South Carolina are on high alert. Lauren a ray bogen has the latest from atlantic beach, florida. Good morning, ray. Reporter good morning to you. Here in atlantic beach, were experiencing very strong winds and at times pouring rain. We saw the first reports of sustained Tropical Storm force winds just to our south in st. Augustine. Its a matter of time before we start to experience the same thing. Across florida, there are 6,000 people in shelters, 115 shelters are open but only one of them is full. So if you need a place to evacuate, there is still plenty of space and based on the conditions were experiencing, that window to evacuate may be closing. Now, Emergency Management officials here are admitting that after days of hearing warnings about this very slowmoving storm, members of the public are starting to grow impatient and feel fatigued. But that doesnt mean the danger is over. There will be lifethreatening winds and surf conditions. Now is the time to shelter in place. Stay off of the beach. Dont drive around if you dont have to. This is not the time for sightseeing. Reporter now, take a look at this helicopter footage of the bahamas. There are massive fields of debris. Early reports suggest at least 45 of homes in grand bahama are damaged or destroyed. Thats just the first assessment. At least seven people are dead. I had no idea it was going to actually be to that extent. It was worse than anything i could have imagined. So were happy to be alive. Glad that my family is safe. And we can rebuild. We will rebuild. Reporter as you can see, theyre going to need a lot of help in the bahamas. Luckily, theres no shortage of people and organizations that are willing to help. Royal caribbean and disney are pledging 1 million each. Royal caribbean is also bringing supplies like clean water and generators. Back to you. Ashley thank you very much. Lauren were now starting to see the legacy of dorian and the destruction it left behind in the bahamas with at least seven confirmed deaths. Dorians powerful winds and floodwaters destroyed thousands of homes there. Look at this video, a girl wading through waistdeep water carrying her dog as shes rescued from her flooded home. One of the islands with 50,000 people is about 70 under water. The full scope of the disaster is still unknown as we start to see these images. The Prime Minister says the death toll is also unfortunately expected to rise. Ashley now to the crisis in hong kong. A major development. The citys leader, carrie lamb, is expected to formally withdraw a proposed e extradition bill. It will meet one of the five major demands of the protesters. The hong kong stock market jumped following the news. Joshua wong is urging taiwan to stage a mass protest to step up the pressure in beijing. He has been released on bail after being he detained in the wake of the hong kong protests. Marco rubio in a Washington Post op ed saying, quote, whats happening in hong kong is not simply chinas internal affair. The United States and other responsible nations are not watching from the sidelines. Lauren no, theyre not. President trump is certainly ramping up the pressure on beijing, threatening to be tougher on china in a second term if the two countries dont reach a deal. This comes as the u. S. And china slap new tariffs on one another and china seeks international help. Ashley we get the latest from Hillary Vaughn in washington. Good morning, hillary. Reporter china says they will sue the u. S. Through the world trade oranization after the president ignored their request to delay the latest round of tariffs put in place on sunday. Chinas vice premier met with a delegation of u. S. Senators including senator steve danes and david perdue on tuesday. A senate aide says they met with the vice premier to have conversations about both security concerns and also ongoing trade negotiations between the u. S. And china but this is not a step forward in trade talks. These meetings were advanced separate from the white house. Senator steve dane says this in a statement, quote, the purpose of this trip is to bring montana ag to the forefront of the ongoing trade discussions between the United States and china. It is critical that the voice of montanas farmers and ranchers has a big seat at the table during the negotiations. China and the u. S. Have not set a date for the trade teams to meet facetoface here in the us. What was supposed to be a reset on negotiations scheduled for this month. A spokesperson for the Chinese Commerce industry says the trade fight violates chinas ledge met legitimate rights and interests. Thethe president saying yesterdy if china is trying to wait out his presidency, he promises to be even tougher on the country in his second term. Tweeting this. Think what happens to china when i win. Deal would get much tougher. In the meantime, chinas supply chain will crumble and businesses, jobs and money will be gone. The president also saying that china cannot afford to hold out much longer, they continue, he says, to pay the cost and lose jobs because of the tariffs. Lauren and ashley. Ashley thank you very much. The u. S. Factory activity index, the latest reading shrank last month. The ism Manufacturing Index falling below 50 in august. Thats the first contraction in more than three years. Lauren well, a court battle between the u. S. And huawei continues this morning. The hearing following a government motion to disqualify one of huaweis attorneys, james cole, because he served as the Deputy Attorney general in the obama administration. Yesterday, huawei aused th accue u. S. Of launching Cyber Attacks against it and telling Law Enforcement to threaten its workers. Huawe. Huawei this morning he dea wall street journal report that it stole Smartphone Camera technology from a portuguese company. Ashley hundreds of angry protesters blocking londons Westminster Bridge after Boris Johnson announced the plan to shut down the u. K. Parliament for five weeks ahead of brexit. If you shut down the parliament, we shut down the street ashley yesterday, british lawmakers voted for a motion that seeks to prevent johnson from taking britain out of the eu without a deal. Iit prompted the Prime Minister he would call for a snap election next month. He promised to pull britain out of the eu on october 31st with or without an agreement. Lauren he needs twothirds of mps to agree to the general election. Ashley i dont think hes going to get it. Lauren google reportedly being targeted in a new antitrust investigation. More than half of the nations state attorney generals are planning to launch the probe against google. The investigation is expected to be a nounsed next week in announced next week in washington. This comes as the Senate Antitrust panel plans to meet this month. Ashley iran giving an ultimatum if the eu wants the 2015 nuclear deal to be salvaged. Lauren Tracee Carrasco has the he details. Tracee, whats the ultimatum . Tracee this morning, irans president giving the European Union two months to try to save the nuclear deal but also saying an agreement is highly unlikely. Tehran also saying it would return to its nuclear deal commitment only if it got 15 billion for oil sales over four months as proposed by france. Something washington has not signed off on. The comments come after days of intense efforts by iran to convince european nations to help iran sell its oil abroad. The nra is slamming walmarts decision to limit some ammunition sales at stores around the nation. The retailer also ending all handgun sales and discouraging open carry inside stores. The Gun Rights Group releasing a statement saying walmarts actions will not make us any safer. Walmarts decision comes after a gunman killed 22 people at a walmart in texas last month. The store along with kroger supermarkets also asking customers not to openly carry guns in its stores. The hclu is vowing to block the pentagon from transferring 3. 6 billion to build the border wall. The organization calling the move, quote, an unlawful power grab. The funds will be used for 175 miles of new barriers. It will put 127 other military projects on hold. Construction is expected to begin in january. And it could last for at least a year. And two tennis stars going in opposite directions at the u. S. Open. Serena wil williams dominates, winning in just 44 minutes. On the mens side, Roger Federer is now out of the tournament. The 38yearold battling a back injury, losing in five sets. And that is whats happening now. That was tough to watch. Lauren i love seeing tiger woods in the background, cheering everybody on. Ashley and Roger Federer, i guesses human after all. Lauren the dow is up about 1 , nasdaq gaining 1 and a third percent this morning. Coming up, to cut or not to cut as President Trump ramps up his attacks on jay powell. Will the fed chief aggressively cut rates or will he stick to his guns . If Pumpkin Spice isnt your thing, one company has an answer for you with a special cold brew concoction that could lets just say put extra pep in your step. He keep it here on fbn a. M. Limu emu doug hour 36 in the stakeout. As soon as the homeowners arrive, well inform them that Liberty Mutual customizes home insurance, so theyll only pay for what they need. Your turn to keep watch, limu. Wake me up if you see anything. [ snoring ] [ loud squawking and siren blaring ] only pay for what you need. Liberty. Liberty. Liberty. Liberty. Lauren horning dorian creeping, dangerously close to the u. S. Shoreline an millions of people in georgia, florida and the carolinas are bracing for him pact. Ashleyimpact. Ashley janice den the Fox Weather Center with the latest. Janice the storm is moving northwest around 8 miles an hour, still quite slow. Well be dealing with tomorrow and friday and then finally the storm will start to accelerate. Still a category 2. We are dealing with impacts we think the worst of the ill pacts for the carolinas. So even though we come close to north florida and georgia, we really could he see the core of the strongest Hurricane Force winds for parts of the carolinas and then perhaps a landfall somewhere around that area. Storm surge could be catastrophic in some of the areas, depending where you live, along the shoreline, 4 to 7 feet of storm surge and we could deal with 6 to 12 inches of rainfall depending on where the storm comes close to shore. Harthe storm is 80 miles off the coast of florida. Heres the latest track as of 5 00 a. M. There is thursday, around 2 00 a. M. , and then as we get into friday were thinking a close brush, if not a landfall across either South Carolina, North Carolina or both. That is the question mark. But the impacts are going to be the same. Computer models are in pretty good agreement now that all along the coast needs to be prepared for impact from dorian. Lauren janice, thank you. Ashley u. S. Stock Index Futures are pointing to gains at the open this morning, hopefully to wipe out what we lost yesterday, this after hong kongs leader a agreed to withdraw a controversial extradition bill. There is no end in sight to the u. S. China trade war as investors weigh the latest signs showing the u. S. Economy is facing a possible recession. Lets bring in david dietz, chief investment strategist and craig dismuke. Thank you for being here. David, let me begin with you. You say, look, the markets, the joke is that the stock market has forecast 11 of the last five recessions. Its funny but its kind of true. I say the r word. What is the data telling you . Its a possibility here. I think probably your strongest reason to be on the lookout is the inversion of the yield curve or the flattening of the yield curve. Its unusual to have longer dated maturities yielding the same or less than shorter dated. Historically, thats been linked with a recession. Youve got near recession conditions overseas, particularly in germany. That could wash ashore. And of course the uncertainty from the trade wars, of course have diminished Manufacturing Activity worldwide. Those are the reasons to be on the lookout for recession. Ashley craig, what is the bond market telling us right now . I mean, is inversion we follow it every day now. Whats its telling us as Interest Rates in general continue to sink lower and lower. I think the bond market is telling us we need to be anxious and theyre continuing to reflect the increased amount of uncertainty thats out there. The yield curve inversion, when the twos, tens invert, its done so four times prior to this cycle during modern times. Three times it led to recession. The one time it didnt was 1998 when we had the Asian Financial crisis. Once the curve inverted, the fed cut rates 50 basis points very quickly. I think its critical that the fed come in, be aggressive, take leadership of the market and try to get the curve back to being positively sloped. Ashley thats a good point. David, what do you expect the fed to do and what would you like to see them do . Its a tossup between a quarter point and 50 point cut. The 50 point cut i think is beefed use best used in an emergency situation. It would be to uninvert the yield curve. You have a 10 year at one andahalf. Maybe you need more than a quarter. I think theyre going to go a quarter and talk about having the market and economies back and theres going to be more you ahead as long as the data justifies that. I think thats where they go at this point. Ashley craig, listen, cutting the rates, if the fed does so, even half a percent, its great for the markets. Does it do a whole lot for the economy. Europe has been going lower and lower and lower and yet the economy in europe is struggling to gain any traction. Thats the challenge right now. I think Monetary Policy makers are pushing on a string. The catch to that is when financial conditions are such as they are today where you have the inverted curve and the risk factors that are signaling to investors, to business leaders, to lenders, there may be trouble on the horizon, i think they have to come in and try to shape financial conditions to be the best possible environment for Economic Growth and so thats the point i think of cutting rates right now is just to get financial conditions back to where you dont have all these signals for a recession. Ashley were going to have to leave it there. Thank you for joining us this morning, david and craig. Thank you. Thank you. Lauren facebook is making its facial Recognition Technology an optin service. The change being rolled out to users around the world as facebook is under pressure to protect user privacy. And the ceo, mark zuckerberg, facing a lot of criticism over the companys privacy issues as well. Now democratic senator ron widen of or hof oregon wants zuckerbeg behind bars. The senator introduced a bill in 2018 that would give the ftc power to crack down on companies who violate consumer privacy. The bill says executives could face up to 20 years in jail. He says zuckerberg repeatedly lied to the American People and should be held accountable. Let tas a look at futures this morning. Nice rally on our hands. The dow is up 228 points, s p up 26, nasdaq up 100. It is a global rally this morning. Juiced by, well, carrie lamb saying in hong kong she will pull formally that extradition bill, one of the key demands of the protesters. Some farmers are fed up over congress stalling on passing the usmca trade deal. They have a new plan of attack. Young man, are you listening to me. I said young man, do you want to sell beans. I said trump, man, you can make real your dreams. But youve got to know this one thing. Lauren what better way to get your message out than through strong . Will the message work. Were talking to the Missouri Farm Bureau president on how the trade wars are affecting history. And talk to the hand. Put it down, ashley. How one major retailer wants to make your hand the gateway to all of your purchases. Oh, i know what theyre doing. Theyre putting something in geico makes it easy to get help when i need it. With licensed agents available 247, its not just easy. Its havingjeromebettis onyourflagfootballteam easy. Go get em, bus ohhhh [laughing] cmon bus, cmon hey, wait, wait, wait hey man, i got your flag i got your flag, man i got your flag its geico easy. With licensed agents available 24 7. 49 nothing woo as a principal i can tell you this. When one student gets left behind, we all get left behind. This is a problem that affects each and every one of us. Together with ibm, we created a whole new kind of School Called ptech. Within six years, students can graduate with a high school diploma, a college degree, and a pathway to a competitive job. You know whats going up today . My poster. Today, there are more than a hundred thousand ptech students around the world. Its a game changer. 2,000 fence posts. 900 acres. 48 bales. All before lunch, which we caught last saturday. We earn our scars. We wear our work ethic. We work until the works done. And when it is, a few hours of shuteye to rest up for tomorrow, the day well finally get something done. the day well finally get something done. At comcast, we didnt build the nations largest gigspeed network just to make businesses run faster. We built it to help them go beyond. Because beyond risk. Welcome to the neighborhood, guys. There is reward. Beyond work and life. Who else could he be . There is the moment. Beyond technology. There is human ingenuity. Every day, comcast business is helping businesses go beyond the expected, to do the extraordinary. Take your business beyond. You need to pass the usmca. We need to pass the usmca. We can grow everything that people enjoy. Like chicken, eggs and soy. Lauren okay, the Missouri Farm Bureau producing that video to the tune of ymca, urging congress to pass the usmca, saying the trade deal will benefit american farmers. President trump pushing lawmakers to ratify the deal. Democrats Still Holding out. Blake hurst is president of the Missouri Farm Bureau. Cute video. Thanks for joining us. You bet. Thank you for having me. Lauren what are the hangups with passing the usmca . Mexico is the only one to ratify the deal thus far. Well, we think weve got the votes to get it passed. Its just a question of getting it before congress. The senate will pass it when they get the opportunity. So it comes down to Speaker Pelosi and the decision she makes about when to bring it up. But were optimistic. Lauren what are the hangups in the house then . Does it have to do with enforcement of the deal and laws of the deal . For instance, if mexico decides its going to pay workers low wages that will suck jobs from the u. S. No . Well, there surely are labor and environmental provisions in the agreement that werent in the original nafta bill so i think that that should be a reason for some democratic legislators to vote for it. Obviously, people still want more. Its been kind of a tortuous negotiation over the past 18 months. I think it will be difficult to get more. We just need to have a vote. Lauren how badly do you need usmca to alleviate the pain that farmers are feeling from the trade war with china . Well, if youve seen that video, youll realize i had no future as a dancer. [ laughter ] its very important that i have the ability to sell the corn and soybeans we raise at our farm in northwest missouri to canada and mexico. It turns out that even though weve obviously spent the last year talking about china and a our problems with china, canada and mexico are our two biggest customers for the things we produce. Weve got to have those markets. The usmca is an improvement over nafta, not a huge one, but an improvement. And we need to get it passed. Lauren speaking of china, how optimistic are you that there will be a deal reached and how patient can you and your colleagues actually be here . Do you think we can go back to the framework that china ultimately backtracked on from may or do we start a new type of deal . You know, i dont think that any farmer thats watched the process over the last 18 months can be very optimistic at this point. It seems to me were getting awfully close to a president ial election to have a successful negotiation. So if it were to be done, its best that it be done pretty quick. Lauren now is the time. But we need that market. Its our biggest market for u. S. Soybeans, an important market for cotton, lots of opportunities there for beef and other pork, other u. S. Commodities. So we have hope but not a lot of optimism at this point. Lauren all right. Hope for the usmca too. Blake hurst, thanks for joining us. You bet. Thank you. Ashley all right. Talk to the hand. Hello. At least thats what amazons hoping for. The company is testing scanners that can read a human hand print and use it as a Payment Method in its stores. Pretty cool. Amazon reportedly hoping to roll out the feature in whole foods in the coming months. Thats according to the new york post. The scanners are currently being tested at at amazons new york offices on vending machines. They will use high def scanning to read your hand print without you actually having to touch the machine. You just kind of lauren no thank you. Biometrics. Ashley yeah, its headed that way, im afraid. Lauren your money this morning, dow surging 224, nasdaq gaining 98. Ahead, well tell you how the 2020 candidates are ready to spend trillions of your money before theyve even got the nomination. And an app that could put users in scenes in movies and tv shows. The story going viral. Well be right back. At synchrony, were changing whats possible. For instance, we know how your customers shop. And what theyve already purchased. Like this lamp. And we use those insights to show you what they might consider buying next. Midcentury modern, nice. That way, you can keep sending them offers for the perfect products. And that keeps them coming back. Hows that for changing whats possible . Val, vern. Im off to college and im not gonna be around. Im worried about my parents retirement. Oh, dont worry. Voya helps them to and through retirement. Dealing with todays expenses. Like college. While helping plan, invest and protect for the future. So theyll be okay. Without me . Um. And when we knock out this wall imagine the closet space . Yes oh hey, son. Yeah, i think theyll be fine. Voya. Helping you to and through retirement. Lauren three more 2020 democrats releasing their Climate Change plans. Cory booker, Elizabeth Warren and Julian Castro unveiling their plans yesterday, each one costing at least, are you ready, 3 trillion. This is ahead of a town hall scheduled for tonight for several of these candidates to address Climate Change. Washington examiner commentary writer brad polombo is here. Thanks for joining us. The candidates are releasing what they see as the issue of the environment. But where is the voter on the issue . And i say this because jay insly dropped out of the race and he was the Climate Change candidate. Didnt work for him. Will it wore for them . He didnt fare too well running exclusively on Climate Change. Elizabeth warren has literally adopted his proposal for Climate Change, almost word for word. She marketed herself as a candidate with a plan for everything. While the goals of stopping Climate Change are all well and good. I have to ask, when is she going to give us a plan that actually works. Lauren lets take a look at her plan. Shes calling for 100 clean energy in 10 years, whether this is in the buildings that we construct, in our cars, in our electric grid. 100 clean energy in 10 years many and shes going to pay for it by reversing the trump tax cuts. My question to you is how does that resonate in detroit when were talking cars, in Corporate America when were talking reversing the trump tax cuts. The American People, they like their tax cuts. They dont want to give them back. They also know that at face value that plan doesnt make sense. You cant pay for 3 trillion in climate plan with 1 trillion in taxes. Thats not how this works. Also, how many other things has she promised to pay for by reversing these tax cuts. You cant just do this for everything under the sun. And also, you cannot have a serious Climate Change plan that doesnt include Nuclear Power and doesnt address Carbon Emissions in india and china and the plan doesnt. So its just its an empty suit of a climate proposal. Lauren joe biden also has a Climate Change plan, not as ambitious. Now theres concerns hes too moderate of a candidate to put out there. His camp is saying were not worried about iowa. He has the lead still in iowa. What do you make of his camp kind of making a an excuse for iowa already. I think its bizarre that theyre out here couching their language that they might not win iowa or new hampshire. This whole pitch is supposed to be his electability. Hes an old, straight, white dude in the Democratic Party in 2019. Hes not as far left as bernie. His whole pitch was i can win elections. Now hes out here, walking that back. Thats a big concern. Lauren brad, thanks for the time. Thanks. Ashley . Ashley emails in the admissions scandal raising questions about the role of money. The wall street journal reports the emails explicitly show a connection between admissions decisions and the size of familys donations. The journal says one email highlights the access of rick singer who led the cheating scheme had at the school. It discusses a 2007 meeting between a former University President and an unidentified individual who reportedly was a wealthy parent. Lauren and deep Space Technology is becoming increasingly popular. One of those apps is taking the internet by storm. The app allows users to insert themselves into scenes from movies and tv shows. All you do is upload a selfie and, well, ai does the rest. The app is now facing serious backlash after it was discovered that users were signing away, quote, permanent and transferable rights to their content. Zou issues an apology, saying it wont store peoples images anymore and made changes to the privacy policy. The app is only available in apples china app store. Ashley lets take a look at the action on wall street this morning. After the selloff yesterday, gaining a lot of it back, the dow up 200 points in the premarket. Also coming up, we know the carolinas in the crosshairs of Hurricane Dorian as the storm spins up the east coast. Right now, hundreds of thousands of people bracing for devastating storm surge and flash flooding. Were live on the ground, next. Also, get this, financial trouble at the vatican. The pope says its time to tighten the belt at the holy c. You are watching fbn a. M. At fidelity, we believe your money should always be working harder. Thats why, your cash automatically goes into a Money Market Fund when you open a new account. Just another reminder of the value youll find at fidelity. Open an account today. Lauren the attention now shifting to the carolinas where the category 2 storm could make landfall. Ashley Aishah Hasnie has a report. Good morning. Reporter good morning. Weve got time yet to get out of this town. You can see theres no rain, no wind just yet but its coming. I want to show you something. If you take a look behind me at this marina, you see all these e boats. You remember when hurricane hugo hit, that was a cat 4, all of the boats were taken out of the water and tossed all over the place. With dorian the concern will be the storm surge and the flooding. Governor mcmaster issued a mandatory Evacuation Order for several coastal counties, i26 has been reversed so people can get out of here. South carolina is still in the path of what is a very destructive and deadly storm. If you are in the evacuation zones, in the eight counties mentioned earlier along the coast, the time to leave is now. Reporter and weve seen some homes and businesses along the water boarded up, a couple who has lived here all their lives told us they remember hugo. They say it wont be that bad this time around but they say this is still a very dangerous situation. Evacuation, all that was a little bit premature but i understand certainly, having lived on folly beach how it can be and everythings closed up now and everybodys leaving, cant get on the island and i can certainly understand the storm surge is real. Reporter lauren and ashley, the airport here will cease operations at 3 00 this afternoon, so people have just a few more hours to figure out what their plans are, if theyre going to stay, if theyre going to go. Ashley time is running out o thanout. Thank you so much. Lauren facebook will not let the department of Homeland Security create fake profiles to monitor foreigners looking to enter america. The company told dhs it will shut down the accounts even if theyre run by undercover Law Enforcement. This announcement follows a report last week that Homeland Security authorized agents to use fake social media profiles. Ashley the shipping wars are heating up or heaping up as well as the Holiday Season gets closer to fight a amazons plans to up its delivery with more vehicles and planes, the other delivery guys, well, theyre upping their games as well. Fed ex planning to expand its Delivery Service to seven days a week. Ups is considering using drones and selfdriving vehicles to speed up its deliveries. Lauren because i want it now. Ashley right away. Futures, by the way heading higher this morning, lost 2806 0 points yesterday, up 200 today. Still ahead, british Prime MinisterBoris Johnson dealt a stunning blow in parliament. Can he salvage a brexit deal . And why Ariana Grande has a serious problem with forever 21. Well tell you why. Keep it here on fbn a. M. Our 18yearold was in an accident. When i called usaa, it was that voice asking me, is your daughter ok . Thats where i felt relief. Were the rivera family and we plan to be with usaa for life. See how much you can save with usaa insurance. Thand find inspiration who win new places. Ct. See how much you can save leading them to discover were woven together by the moments we share. Everything you need, all in one place. Expedia. From the 5am wakers, to the 6am sleepers. Everyone uses their phone differently and in different places. Thats why Xfinity Mobile created a Wireless Network that auto connects you to millions of secure wifi hot spots. And the best lte everywhere else. Xfinity mobile is a different kind of Wireless Network designed to save you money. Save up to 400 a year on your wireless bill. Plus get 250 back when you buy an eligible phone. Click, call or visit a store today. Ashley stocks in europe are rallying this morning after hong kongs leader reportedly planning to withdraw a controversial extradition bill. That is being felt around the globe and in europe as well, as you can see, all the major indexes, the u. K. , france and germany all moving higher. The german index, the dax up more than 1 . The british pound also gaining ground this morning, up at 121, and it had dropped to 119 just yesterday. So its getting cheaper to visit london, right. But the stakes in the brexit battle continue t continue to gr Boris Johnson suffered a major setback. Michael hewson joins us now. Good morning to you. Where do we stand now . I think the mps in parliament will try to get some legislation through that takes no deal brexit off the table. The Prime Minister says if that happens, then guess what, were going to call for a snap election. But he needs a twothirds majority to do that. I dont think he has it. Do you . No, he definitely doesnt have it. Ill be surprised if the labor party went along with that. For me, its sequencing thats the important thing here, ashley. And i think for Boris Johnson to get an election out of the labor party, he will need to commit to asking for an extension from the European Union. And were talking about taking no deal off the table. You cant take no deal off the table. All you can do is ask for an extension to that 31st of october deadline. There are still only three options available as things stand. Leave with a deal. Leave without a deal or revoke art l kelarticle 50. The best we can hope for is to still be talking about this in november and december or an election. Ashley thats true. Boris johnson says if you take no deal off the table, it weakens our negotiating power with the eu. Thats absolutely right. But i think you cant take no deal off the table. But what they can do is force the Prime Minister to ask for an extension. I think thats where their energies will lie. I think if the labor party wants to go for an election, they need to commit to an election post the extension of article 50 because if they ask for an election and then Boris Johnson wins that election before the 31st of october, he can then reverse that vote and leave without a deal and i think thats what the no dealers really dont want to happen. They want to commit to an extension. So this is all about sequencing for me. Its going to be very, very difficult to try and sift your way through it. Theres anitheres an alphabef possibilities here. Ashley one day well be talking about something else. I dont know when that is. Michael hewson, thanks for trying to make sense of it all. Im sure well be talking about it again soon. Lauren britain needs a miracle and quite frankly the vatican, the pope is tightening the belt with the holy c. Pope francis is ordering a stop to spending investment at the vatican to close a widening budget deficit. The deficit about doubled last year. Officials havofofficials have cr years about lose spending. Ashley tighten the old belt. Lauren the coast guard suspended the search for survivors from that massive dive boat fire off of californias coast. Ashley Tracee Carrasco joins us with the details. Tracee 34 people are believed to be dead from that fire. Investigators say the fire spread so quickly through a small room where scuba divers were sleeping. Flames blocked both exits, making it nearly impossible for them to escape. New coast guard video showing smoke billowing in the air as rescuers arrived. Divers recovered 20 bodies, 14 are still missing. Its unclear what caused the boat fire during the scuba diving trip. A trade group represents the Worlds Airlines says there remains no consensus on bringing boeing 737 max back into service. Global regulators have traditionally followed the lead of the federal aviation add fedn Administration Certification process hes but the trade group says International Regulators have indicated they will pursue their own analysis of the 737 max. That could delay the planes return. And your morning cup of coffee may never be the same. Yagejagemeister is launching a d brew coffee fused with its lieur. Is it for breakfast . You brink it at night . Maybe both. Thats whats happening now. Lauren i think thats a great idea. Ashley is coming up, the changing face of instagram. Why it may not be for selfies and food anymore. Its moving on. Patience might be a virtue. Its certainly running in short supply. Well tell you why. Lauren charging the Company Using social Media Campaign without her permission, they never came to an agreement, so alleges that the retailer went ahead with plans anyway. Which one is Ariana Grande, forever 21 disputes. [laughter] ashley all right, instagram, you know thank you very much. Loved it. Instagram wasting its potential . Lauren another story just for you. [laughter] thank you very much. Ashley everyone does. So, yeah, get this, instagram is becoming even that much more of an influencer out there even with social media, forget about facebook, its instagram, 50 of people get news from social media and with teenagers 80 of teenagers use instagram, trying to combine it with the news aspect, teenagers prefer instagram because they like the visual side of it but also the comments so you can be interactive, they hate reading the niece. Lauren i like instagram because it doesnt have news. I like it. Facebook now, inundated with news, its supposed to be separate, but not that much anymore because the teenager want ad dollars and the fact that they are using it. Lauren inundated which makes us inpatient, is this because of technology . Patience is virtue, im not alone, the average person takes 16 seconds for them to become frustrated. Ashley more than i thought. Everyone is losing their minds these days as we know and, of course, the main reason why, social media and also smartphones, now, its pretty interesting, things like 30 second to wait in line for coffee, you wait more than 30 second, youre getting frustrated, also the amount of time that you want to response to your email, anywhere between an hour to 90 minutes and then youre getting very angry. Lauren i respect everyone who ashley my wife never responds. [laughter] i cant relate to that. Ashley really . The fact is that more and more people cant sit still and kids are going back to school now. Ashley attention span, zero. Thank you very much. Lauren thank you. Mornings with maria start now. Maria good morning to you, see you in a few minutes, good morning, happy wednesday to you, im maria bartiromo, it is wednesday september 4th, your top stories right now just before 6 00 a. M. On the east coast, futures indicating a big rally at the start of trading following yesterdays selloff, take a look at futures, up 195 points, s p futures up 23 and nasdaq futures up 85, this on breaking news this morning the hong kong extradition bill fully withdrawn, hong kongs leader making it official moments ago, early reports of the news driving stocks higher there as well. We will take you there and show you the latest out of hong kong out of breaking news this morning, meanwhile theres dorian, path of destruction continues, hurricane heading up the east coast, more than 2 Million People under evacuation warning. This as we start to get a look at devastation left behind in bahamas, the very latest on the path coming up. Brexit showdown, bringing blowout and johnson has no choice to call general election putting his own future in question, mornings with maria begins right now. Maria big show this morning with breaking news, joining the conversation Fox Business Network jackie and ceo along with labor secretary nominee andy puzder with here, chief investment strategist nancy, great to see everybody here. Right into hong kong with the