Transcripts For FBC Mornings With Maria Bartiromo 20240712

Protests in atlanta. The shooting now ruled a homicide. Parts of seattle remain under siege. The mayor supporting protestors calling their actions an act of patriotism, President Trump saying that the mayor and governor should be ashamed of themselves tweeting that the matter can easily be fixed. Mortgage rates dropping to a record low, quick and loans ceo joins me at 8 30 a. M. Eastern time. Find out who can take advantage of low rates and what it could mean for housing recovery. Mornings with maria is live right now. Fears of second wave of coronavirus hitting Global Markets. Europe markets are selling off, down to tune of 1 in england, france and germany. Restrictions easing up in the uk as retailers reopen, many European Countries opening their borders to travelers today. In asia overnight, you can take a look at major markets there. Lower across the board from korea, japan and shanghai. More signness of slow recovery in china. Industrial output coming below expectations rising 4 in may and retail sales declining 2. 8 . Oil prices sliding, fueling concern over demand that maybe people dont hit the roads as expected. We have a loss of 59 cents a barrel on crude. Cheryl casone with some of the top stories that we are watching this morning. Good morning, cheryl. Cheryl good morning, dagen, a dozen states are easing coronavirus restrictions, that will be happening today. Concerns are growing over a possible resurgence as several states are seeing uptick in cases including texas which marched Third Straight day of covid19 hospitalizations. New cases in florida topping 2,000 for second day in a row. Well, the deadly shooting of a black man in atlanta sparking a new wave of protests. Rayshard brooks shot and killed by police add wendys restaurant by friday. His death ruled a homicide after an autopsy showed he suffered two gun shot wounds to the back. Police now have released bodycam footage of the incident. I think youve had too much to drink to be driving. Put your hands behind your back for me. Put your hands behind your back. Youre going to get tased. 63. [shots fired] officer terminated immediately and fellow officer branson has been placeed on duty and could face murder charges. The blocking off of interstates and they set fire to the wendys restaurant where brooks was shot, there was so many people in the the streets that firefighters were unable to reach the wendys build to go save it. Welshing Police Reform was going take center stage in washington. Senate republicans expect today formerly roll out plan on wednesday. House democrats last week unveiled a sweeping plan to reform the criminal justice system. Many democrats pushing back against the calls to Defund Police departments altogether. President trump is expected to address Police Reform with an executive order. Well, you may want to take inside of a refrigerator, beef being recalled for possible e. Coli contamination. The beef which was produced, excuse me on june 1st, was sold under the brand thomas farms and market butcher, so far no reports of anyone reporting to be sick. Dagen dow futures taking a major shit. 446 loss on the blue chips at the moment with fears growing over a coronavirus resurgence and the potential for shutdown measures going back into place. Joining the conversation is cfra chief investment strategist sam stovall along maslansky partners lee carter and Pwc Mitch Roschelle and commentary writer editor, welcome all. What do you make of the markets after last weeks selloffs . Good morning, dagen, good morning, everyone, my belief is that the market was looking for a reason to consolidate a lot of the recent gains and it found 3. Last week on tuesday we had the announcement by the National Bureau of Economic Research that we have fallen into recession and history tells us that 90 days after the announcement the market has been negative for 4 or 5 times and had report findings, basically implying that Interest Rates will remain low until 2022, causing some investors to think, gee, maybe they know something that we dont and things are worse than expected and lastly as you mentioned the increased likelihood of coronavirus cases sweeping the country as we reopen which could therefore put the vshape economic recovery into question. Dagen Mitch Roschelle, get in there, but jay powell of the Federal Reserve said something last week that i literally have been saying for months and it could be years before we get back to people finding jobs. Its the issue of permanent job destruction that people wont come back. Is that fully factored into the market or do you think markets overreacted to what powell said last week . No, i think that thats exactly the point, dagen. You know, the v versus ushaped recovery has been the debate. When you look at all of the death on paper i think its going to look like the v. The question is second leg of the v is all the way down and do we get to the point where the economy was the same size as before. I think thats the real question and my question to sam around that whats baked into the market in terms of the expansion of the economy . Is it factoring in the reality that we may not get back to where we were for quite some time . Dagen sam. Sam well, dagen and mitch, we have to see what the Second Quarter gdp numbers look like. Our expectation for 32 decline in the Second Quarter following a 5 decline in the First Quarter, but then we start to see what is the likelihood for an advance. Right now we are forecasting 24 gain in the third quarter, so really, we are trying to figure out exactly what happens before the bad quarter gets reported. Dagen maria spoke with National Economic director larry kudlow about the recovery in sunday morning futures, kudlow striking a optimistic tone. Sam, listen to this. Maria we have jay powell saying we will keep Interest Rates where they are near zero until 2023 as the road to recovery is long. Do you think its going to be even worse with what we are seeing in the country today, all of the protesting and rioting . I think with the rescue package and the reopening of the economy as we transition, 80 of Small Businesses according to chamber of commerce are reopening, Business Applications, new Business Applications are roaring, tremendous demand for housing and homes, new homes, i think we are off to the races in what will be a very strong vshaped recovery. Dagen sam, kudlow also urging replacing the extra unemployment benefit boost, that 600 a week with a return to work bonus. Again, theres the compulsion to spend more money to do something rather than just letting businesses reopen. Sam i think theres the encouragement by keeping Interest Rates low that would make for Business Loans more easily applied for and received and would also help pay down the debt thats being incurred because of this. Now, the debt represents close to 130 of u. S. Gdp basically looking back to what happened right after world war ii, so i think that there is the need for encouragement for people to go back to work, not to be paid too much to want to just stay at home but i think, again, expectations are that we will be seeing a vshaped recovery and we are looking for as i mentioned about 24 gain in q3. So right now i believe that the market selloff is a natural correction, every bull market since world war ii has seen one thats averaged around 10. 3 so i think we have to go down to around 28. 50 level before we can decide whether this correction has run its course. Dagen when do investors start worrying about the president ial election . Are people concerned about that because we talk about 130 , the debt is 130 of gdp, how are we going to help pay that down, higher taxes . Sam well, thats one of the alternatives, certainly keeping Interest Rates low so that the economy has revived and increase in tax revenues and so forth would help pay down the debt, inflation is another technique that had been used in the past but that tend today fail after the vietnam war in the 1970s, so, yes, i think now little by little investors are focusing on the upcoming election. Traditionally it is the 3month period just prior to the election where the markets direction give investors an idea as to which party will end up getting elected so a downward move in the market from july 31 through october 31 would signal a replacement of the administration. Dagen sam, good to see you as always. Sam stovall joining us. Next i will speak with District Attorney of Fulton County georgia, Powell Howard after week of unrest in at will nota amid the fatal shootology rayshard shooting of Rayshard Brooks. In 8 00 oclock hour, former cke ceo andy puzder gives us outlook of economic recovery. Tips to refinance your mortgage as Mortgage Rates hit new record lows, and, indeed, chief economists tell us where to expect the next jobs in america post pandemic. Coming up the unmasking of general Michael Flynn inside from one former intelligence official who tells mornings with maria moves by the Obama Administration were highly inappropriate. Plus keeping big tech in check, amazon now under the microphone in two separate states as its Business Practices come into question. We have to details. Why bother mastering something . Because when you want to create an entirely new feeling, the difference between excellence and mastery is all the difference in the world. The lexus es. A product of mastery. Experience amazing at your lexus dealer. Dagen unrest in atlanta after Fatal Shooting of unarmed black man by a Police Officer. Rayshard brooks killed by police in a wendys parking lot after reportedly fall ago sleep in his car. Scuffle broke out after he failed a sobriety test, brooks death ruled homicide. One officer fired and could face murder charges. Joining me now Fulton County District Attorney paul howard, District Attorney, thank you so much for being here this morning. Will you bring charges against the fired officer garrett with 100 certainty and when this week will you announce that . What we will do now is we are examining all of the evidence and circumstances in the case and what we plan to do is to make a decision and make that announcement and as weve indicated probably on wednesday there are technical things that we must make sure that they are done prior to announcement. One of those things is to confirm the ballistics. We have to make sure that the guns that were retrieved from the incident, that they are actually matched to projectiles in the body of mr. Brooks, but we are hopeful that we can make this announcement probably some time around wednesday. Dagen what charges are you expecting to bring . Can you give us inside into that . Well, right now under georgia law we are looking at 3 possible charges. First charge being murder, murder is a charge that carries a life sentence up to death and it is essentially around and intentional killing. The second charge that we are looking at is the charge of felony murder. Felony murder involves a death that occurs as a result of the commission of an underlying felony and in this case the underlying felony would be aggravated assault. The third charge that we are considering as we consider the facts would be voluntary manslaughter. Dagen are you considering charges against the second officer who was put on leave david braunson. Are you looking at that . We are looking at both officers and when we reach conclusions as i indicated on wednesday we will reach conclusions on both officers. Dagen the fact that a taser was taken away from one of the officers, did that because i know and this is layed out in the New York Times today that officers bradley speaking are trained that they have the right to escalate their use of force if they believe someone is threatening to incapacitate them. How does the taser play into your decisionmaking on charges . Well, taser is one of the things that happened in this case and factors that we have to consider but what we are focused on the moment of shooting, he was shot twice and we are looking at those circumstances that occurred at the moment. What the law says is that at the time that the shot was fired, what we have to determine based upon the perceptions of a reasonable officer is whether or not mr. Brooks at the time pose a serious threat of bodily harm or death to that officer or someone else and so thats what we are doing. We are focused upon that moment to see whether or not the facts indicate whether or not that occurred. Dagen before we go, District Attorney, in terms of the arson and the burning of the wendys restaurant. Any leads in that . Will you fully if you have a suspect eventually in custody, will you prosecute that case . Yes, we would. There is an investigation thats occurring right now and as of this moment, i believe, also theres some information thats been put out in the media of some possible person who might have been involved but when that person or persons is apprehended, we certainly would prosecute them in our office. Dagen District Attorney paul howard, District Attorney, thank you very much for being here, please come back, please keep us up to date on what happens in the death of Rayshard Brooks. Coming up the unmasking of general Michael Flynn. Inside from one former intelligence official telling Maria Bartiromo that moves by the Obama Administration were highly inappropriate, plus getting back to search, chief economist of job search tell us where to look for americas upcoming jobs post pandemic. Take a look. Now is the time for a new bath from bath fitter. Every bath fitter bath is installed quickly, safely, and beautifully, with a lifetime warranty. Go from old to new. From worn to wow. The beautiful bath youve always wanted, done right, installed by one expert technician, all in one day. Weve been creating moments like these for 35 years, and were here to help you get started. Book your free virtual or inhome Design Consultation today. Dagen welcome back, unmasking of general Michael Flynn. Richard grenell on sunday morning futures calling moves by the Obama Administration highly inappropriate. Take a listen. Maria we had ron johnson on the other day a couple of weeks ago in the program and his investigation is entering on the transition of power from the Obama Administration to the Trump Administration and during that transition when trump was fully in place there were 125 leaks during the first 126 days of the administration. Ting transition period is key and once donald trump won the election in 2016, all the way through Inauguration Day that period of time is when we know who is coming into the white house, we know the team like general flynn and his team and President Trump, thats when we are supposed to have the Obama Administration or the Current Administration begin to hand off and have a transition time. Thats why we have an election in november and inauguration in january. Its for a peaceful transition of power, that was blown by the Obama Administration and i just dont think that unmasking during the transition period is appropriate especially at the levels that they did and we even had joe biden, the Vice President of the United States at the time, unmasking in this transition period and i believe it was in january when they literally were on the down slope to trumps inauguration, this is inappropriate. I think you can make the argument for unmasking at other times but to unmask during this transition period to me is another level dagen this as efforts by flynn to have criminal charges dismissed. That goes on. Lindsey graham was granted sweeping subpoena power, how high will he go, what do you make of all of this . Welshing as attorney general barr indicated that he wont up a criminal investigation into former president barack obama or former president joe biden, so it could go as high up as maybe say the attorney general eric holder or Loretta Lynch. I would say more Loretta Lynch because eric holder wasnt in office at the time. I will say a couple of things from rick grenellrs interview, the overclassification of investigation short of shows or indicates that there may have been a coverup within the Intelligence Community and i think the next step here by John Ratcliffe who is now of dni has to find out who ordered these overclassifications and also the inappropriateness of timing sort of shows you that the Obama Administration was almost trying to sow seeds of disruption that will continue to undermine the Trump Presidency and presidency as of now is currently still recovering from that disruption. Dagen lee, do the American People and voters understand the seriousness of this because a lot has happened, obviously, in the 3 and a half years since this unmasking and particularly in the middle of this pandemic and dramatic economic downturn, what do voters think of this . Lee i dont think this is the top of the voters radars, sadly theres so much news and so much going on that impact individual pocketbooks and people will not make their bills because of the economy related to covid, thats not top of mind. What we do this is an issue of along party lines. If youre a trump supporter youre outraged and if youre a democrat and biden supporter or oppose today trump in general, there is something that has you outraged not outraged. Very much on party lines. I dont think this is going to have a huge impact unless and until the Trump Administration will tell us its going to resinate with the American People. Dagen thank you all. Coming up fear flying, new reports reveal Public Health officials fail today alert passengers and crew members who had flown with covid positive travelers. Plus americans eager to ease back into normalcy but are common public areas still unsafe. We will tell you which places pose greatest risk from contracting coronavirus. Dagen welcome back, im Dagen Mcdowell in for Maria Bartiromo, monday june 15th, your top stories at 6 30 a. M. Eastern. Concerns over a spike in coronavirus cases sparking a global selloff. Futures sharply lower, but well off their lows of the morning. 568point loss on the blue chips at the moment. Checking on Global Market action in europe, it is the same theme, losses across the board in england, france and germany. Restrictions easing up in uk as retailers reopen. Many European Countries opening their borders to travelers today. In asia overnight, it was a selloff in all four major markets there. Beijing reimposing lockdowns after a spike in coronavirus cases. Meantime more signs of a slow recovery in china. Industrial output coming below expectations up 4. 4 in may, retail sales declining 2. 8 . Oil meantime sliding as rise in coronavirus cases fuel concerns over demand. The cost of crude more than 2 . A u. S. Fighter jet reportedly crashes in england. Cheryl casone has the details, cheryl. Cheryl yeah, dagen, here is what we know right now, british Media Outlets are reporting that the f15 fighter jet crashed into the north sea. This would be off the northern coast of england, it happened earlier this morning. We are hearing the jet was taking part in formation drill at the time and the pilot was the only person on board. Rescue crews have arrived, we will keep monitoring any reports we get on that search coming out of england. Back here at home, gas prices are marching higher for the sixth straight week according to triple a National Average 2. 10 a gallon, but that is still down 70 cents from a year ago and slightly up from the low of 1. 74 in april as states begin to ease travel restrictions. Analyst expect gas prices to move higher as the summer driving season heats up. Welshing today Major League Owners are expected to announce what is next for the 2020 season, whats left of it anyway, the players ending negotiations over the weekend and now reportedly demanding the league just set the schedule and tell them when to show up. Union rejected the latest offer, 72game season and players receiving 70 prorated pay. Whats trending this morning in foxbusiness. Com, walmart selfcheckout location is being tested in fayetteville, arkansas, can be go national if it works out. And this one, tourists dip their toes in water as top mexican beach get aways reopen. As of now hotels can allow guests into the water but at least in mexico the public beaches do remain close, dagen, those are your headlines, back to you. Dagen thank you so much, cheryl, amazon under pressure. State investigators from california and Washington State reportedly looking into the tech giants business practice particularly how the company treat thirdparty sellers and online marketplace. Joining me tech analyst managing capital john meyer, john, good for you to be here. What are they looking at and how of a big risk is this to amazons Business Model . What is being looked at right now the dynamic between amazon and external sellers so lets say its a mom and pop shop selling their product on amazon and how amazon is able to use data, the purchase data, the amount of money going to sales and markets to actually create competing products with amazons own thirdparty venders and the reason this is so key is that due to the fact that amazon has so much data on both what consumers are buying as well as how thirdparty vendors are selling it, its leading to the conclusion that its a handful of unfair Business Practices as it relates to the thirdparty venders. Dagen mitch, is this a sliver of the Regulatory Risk that amazon is facing particularly given how much more powerful this behemoth has gotten during the pandemic, the coronavirus shutdowns . Mitch the fact that we are all stuck at home and googling and shopping has a lot to do wit but if you look at history and big conglomerates that have been created that have been ultimately been broken up by the government, the breakup of at t, for example, so my question is to john, what w. H. O. Are who are the principal competitors obviously in scale or has amazon has monopolized a market, all of the data make it impossible to compete outside of amazon . John right now amazon has too much data on consumers and vendors and needs to be broken up. The problem is amazon reels you in with the idea that data will help you as a thirdparty vender but now its happening as amazon is trying to create their own brands within their own store to then compete with the mom and pop shops. That is where this begins to get quite dangerous. Amazon is using their own platform to sell their own, you know, thirdparty products to compete within the platform itself. Dagen i believe that regulators in europe are bringing charges related to this very thirdparty seller issue. Meantime the House Judiciary Committee wants apple to testify amid growing scrutiny over the power of Technology Platforms, john, your take. John well, i think at this point Companies Like google and apple simply need to be broken up and if you put amazon, a company like facebook where they are dominating based again on data and as we get into the next few years, technology is like Artificial Intelligence and Machine Learning are getting more powerful. These are technology that is will make the Companies Even more monopolistic and so i think i consistent said that government lags 3 to 5 years in terms of regulation as it relates to possible monopolistic practices. Dagen that was a throwaway comment. I know a lot of people who might disagree with you on that. John if you look at the size of the companies and scale and reach at this point its orders of magnitude out larger than anything that we have seen before. Problem with a company like google who i put in the list is again that they literally own the entire, you know, Online Search business. You look at them and facebook combined, you dont have anywhere where else to go and the size of the businesses is, again, to the point where you cannot compete as an offstart player, theres a reason why there hasnt been a competitor to google in over a decade or competitor to facebook in over a decade. Dagen before we go, siraj, if you look at washington and if you have maybe if the democrats take the senate, these Technology Companies are broadly speaking in terms of their employees very progressive, they are big donors to democratic causes and candidates. Is that something are democrats more likely, would a democrat in the white house more likely crack down on the companies or not . Do they think they would get a free pass if democrats are fully in power in dc . Thats a very good question because it depends which democrats fill up biden administration. If you say Elizabeth Warren as helm of i wouldnt say the justice department, but having a significant position in the cabinet, then you could see actually a big breakup of a lot of these Tech Companies because she has probably been one of the leading voices along with senator Bernie Sanders and sort of at least invigorating and energizing the progressive base to get tough on amazon and you hear obviously aoc in the last year sort of taking a victory lap when amazon abandoned its plans to build Second Headquarters in new york city, so its definitely a good possibility that democrats will not show any favor to the Tech Companies as much as republicans. Dagen elon musk no fan of amazon, amazon censored alexs book of coronavirus and wouldnt publish it and elon musk, he just tweets, break them up, monopoly and, the book magically appears on kindle. Thank you so much. Coming up huge selloff. Futures take a hit amid growing fears of a coronavirus resurgence and potential lockdown. Hear about Governor Cuomos threats. Replaces monuments with modernday role models. We will tell you who. Maria this week on mornings with maria, tomorrow democracy depends on Law Enforcement according to former obama adviser valerie jared, she will join me live. Wednesday President Trump Takes Campaign back on the road. Former press secretary Sarah Sanders is here. Thursday, health care in focus, dr. Toby weighs in on the next jobs in america. And on friday with markets continue to go show resilience we are following the money, its all right here on mornings with maria. Dagen more protests over the weekend in seattle. Demonstrators sealing off a 6 block radius in capitol hill neighborhood dubbed the capitol hill autonomous zone. Mayor says she does not know when police will are enter the area and say it is city could be seeing a summer of love. President trump weighing in on the situation tweeting this. Does anyone notice how little the radical left takeover of seattle is being discussed in the Fake News Media . That is very much on purpose because they know how badly this weakness and ineptitude play politically. Mayor and governor should be ashamed of themselves, easily fixed exclamation point. Joining me judge andrew napolitano. We talked about this in relation to say, minneapolis, judge, or any kind of disbanding of Police Departments. Its the tenth amendment not only right of the state but obligation of the state to basically provide law and order, right . Andrew yes, and good morning, dagen. The tenth amendment which reserves to the states the power, the police power also obliges them to exercise the police power and provide basic safety, so, look, the mayor says this is a carnivallike atmosphere and she wants to play it out using a soft touch. Its probably not a carnivallike atmosphere if you live there, if you need to drive there and shop there and if you need to use the public streets and the public sidewalks that the government owns which have been taken over by these people. I agree with the president that its crazy and the people have a right to live there. On the other hand, the federal government does not have the right to come in unless, youre ready for this, the legislature of the state of washington or if the legislature cant meet because this thing is surrounding the capitol building, then the governor of state of washington. Right now its a standoff. You live there the Property Values are down and you can barely get in and out of your home. Dagen astonishing that this is going on. By the way, summer of love, summer of love gave way to assaults and drug overdoses and quite frankly is idiocy that has the reason that San Francisco is the way it is now, is that they think that it hartens back some fabel left from 5 years ago. I digress because theres another fiery garbage pit. We will talk about new york. Governor andrew cuomo to reverse after crowds ignoring social distancing guidelines in new york city in the hamptons over the weekend. Judge napolitano, you know what, because the city is closed people are crowding into smaller areas. They would open up more spaces and open up the restaurants in a small way, open up the bars in a small way you wouldnt have the clustering effect, what do you make of this . Andrew well, i could not agree with you more. I mean, the governor is showing dictatorial said of him. Thats not what we elect governors for. Where was he when thousands of people were marching in the street over the death of george floyd and manifested itself into anger of police and anger about government in general, so he he wasnt threatening to shut down the city then but now hes threatening the city because a bunch of kids sat too close together on west broadway, why doesnt he let people do what they want to do and take the chances that they want to take, enough is enough Governor Cuomo. Dagen im still waiting for him to take ownership of order in nursing home to take covid19 cases and i think the order was in place 6 weeks. Thousands died because of it. Ultimately thats on his shoulders. I digress, judge napolitano. Andrew dont hold your breath waiting for him to take responsibility for that. Dagen i wont although i am blue in the face because of Governor Cuomoment we will be right ess moves forward, were all changing the way things get done. Back. How we come up with new ways to serve our customers. 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Black lives matter protest as cross the country renewing calls to remove statutes and monuments from the confederacy. Sock local community to replace them with modernday role models. Nashville considering dolly parton and new orleans could pay tribute to Britney Spears, siraj. [laughter] i mean, Britney Spears might be, you know, bridge too far but i could get behind dolly parton. We live in a associate where theres society where theres history revision. When collusion at confederate statutes they are symbol america was founded on rebellion and when you the confederacy sort of waging rebellion to preserve institution of slavery, keeping those statutes in place is sort of a rewarded to the states that fought for the confederacy to preserve slavery. I think obviously tearing them down isnt going to solve the issue because all youre going to do is create more division but if you take them down and put them in the museum so people can actually learn and understand our history, that is something that is probably better and encouraging people to actually learn about our history to understand how these figures actually tried to preserve something. I will say one more thing, if we actually understood some of the statutes that are being defaced, some are known abolitionists and the fact that a lot of people, say members of black lives matter or antifa are defacing them says a lot about how much history is being taught in our country. Dagen indeed, dolly parton is the queen of america and there should be statutes in every town square of dolly. Moving onto berlin, the nightclub industry gone for good. The club capital of the world is worried that tourists may not return because of social distancing. Club goers making a quarter of berlin tourists every year bringing in significant revenue. Lee, people who have never been to berlin maybe dont understand what some of the clubs involve but its a lot of close contact, shall we say . Lee oh, my goodness, it is a party city and people are closed and sweating, its a big problem and they will have to figure out how to survive through this. Are they going to make it through it, its a big deal for berlin. Dagen it is. More mornings with maria before i Say Something i regret. After the break. Why bother mastering something . Because when you want to create an entirely new feeling, the difference between excellence and mastery is all the difference in the world. The lexus es. A product of mastery. Experience amazing at your lexus dealer. Dagen good morning many im Dagen Mcdowell, in for Maria Bartiromo. Its monday, june 1 15th. Concerns over a spike in coronavirus cases sparking a global selloff. U. S. Markets down but off the lows of the morning. We still have a 628 point loss on the dow futures. The dow, nasdaq and s p 500 snapping a threeweek winning streak last week. The biggest loser there for the week, the dow industrials, losing 5. 5 . Coronavirus cases on the rise, texas and florida among states seeing an increase in cases and hospitalizations. Coming up, a look at the places that pose the greatest risk for contracting coronavirus from amusement parks to tennis parks to open of during the entire pandemic, Grocery Stores. Unrest in atlanta, protests following the killing of a black man by police on friday night. The shooting now ruled a homicide. Parts of seattle remain under siege, the mayor supporting protesters, calling their actions an act of patriotism. President trump saying the mayor and governor should be ashamed of themselves. Tweeting that the matter can easily be fixed. Mortgage rates dropping to record lows, quicken loans Ceo Jay Farner joins me at 8 00 a. M. Eastern. Find out what it could mean for a housing recovery. Mornings with maria is live right now. Fears of a second wave of coronavirus cases hitting Global Markets, in Europe Markets are selling off as well. Losses of 1 or more in england, france and germany. Restrictions are easing up in the u. K. As retailers are reopening. Many European Countries opening their borders to travelers today. In asia overnight, losses across the board there. Beijing reimposing lockdowns after a spike in coronavirus cases. More signs of a slow recovery in china, industrial output coming in below expectations, up 4. 4 in may, retail sales declining 2. 8 . Oil sliding amid rising coronavirus cases fueling concerns over demand. We have a loss of more than 2 on the cost of crude. Joining the conversation all morning long, lee carter, Mitch Roschelle and siraj hashmi. Moving on to your headlines. Cheryl casone has some of the top stories were watching this morning. Cheryl a dozen states are easing more coronavirus restrictions today, but concerns are growing over a possible resurgence as several states are seeing an uptick in cases including texas which just marked its Third Straight day of record covid19 hospitalizations. And new cases in florida topping 2,000 for the second day in a row. Well, the deadly shooting of a black man in atlanta sparking a new wave of protests. Rayshard brooks was shot and killed by police in a wendys restaurant on friday. His death ruled a homicide after an autopsy report showed he suffered two gunshot wounds to the back. Police have released body cam footage of that incident. I think youve had too much to drink be driving so put your hands behind your back for me. Put your hands behind your back. Youre going to get tased youre going to get tased. Come on, man. All right, 63. [gunshots] cheryl the officer who fired the shots, garrett rolf, was terminated immediately. The fellow officer was placed on administrative duty. Rolf could face murder charges over this incident. Ththe wendys restaurant was set fire where brooks was shot. Firefighters were unable to reach the building in time to save it. Well, Police Reform will take center stage in washington this week, Senate Republicans expected to formally roll out their plan on wednesday. House democrats last week unveiled a sweeping plan to reform the criminal justice system. Many leading democrats pushing back against the calls to Defund Police departments all together. President trump expected to address Police Reform with an executive order. Well, the Police Officer who was shot in the head at a juror floyd protest in las vegas two weeks ago paralyzed from the neck down. The family of 29yearold shea mikilonis says he is on a ventilator and he cant speak. A 28yearold suspect has been charged with murder. And dagen, those are all the headlines were watching in the newsroom. Back to you. Dagen thank you so much, cheryl. Coronavirus concerns growing over a possible of resurgence as several states are seeing an uptick in cases. One state in particular seeing those fears, texas with more than 88,000 confirmed cases. The state reported its highest number of covid19 hospitalizations so far in the outbreak. Joining me now, texas congressman, House Veterans Affairs committee member, chip roy. Congressman, good morning. Whats being done about this in texas . Well, good morning, dagen. Governor abbott has been doing a great job moving texas forward. The other number we have to remember is the nationwide, we have almost 40 million unemployed americans. Its critical that we get back and reopen our society. Weve got a significant number of hospital beds that remain available, significant number of ventilators and our hospitals are working on it, paying attention to who is coming in. The iaustin, houston, where wee seen some additional admits to the hospital, its a tiny fraction of the overall population. Weve got to continue to move forward and watch this carefully as i know the governor is doing. But make sure we continue to engage in the society safely and protect the vulnerable. As a percentage, the numbers of people getting hit tends to be the people who are older in Nursing Homes and assisted living facilities. I know the governors been working hard, paying attention to that and making sure we keep them safe. Dagen i hear people say this on the right and left all the time on national tv. The number of people still collecting Unemployment Benefits, continuing claims, is about 21 Million People. 20. 9 Million People. That north of 40 million is the total number of people who have filed for Unemployment Benefits but many of those people arent still collecting them. So i hear that all the time. So i wanted to correct thats fair. Dagen to correct that. Again, its actually double the number of people who are still on unemployment when they throw out that 40 million number. Thats fair, dagen. Let me say theres a lot of people who have not gotten to the office to make their claims when they got hammered when the businesses were shut down. Lets talk to the restaurants and live music venues and the barber shops, people struggling to keep business open. They dont look at numbers on wall street. They know their business is hurting. What they know is theyre trying to go to the the bank to get more dollars in order to survive. Its a strong concern for people across the country. I think its heading in the right direction. We saw 2. 5 million in may. Weve got to do our part to make sure people can keep their businesses open and survive so that people have places to work. So i think it would be good news if we see number go south, i hope of it goes south of 20 million soon. Dagen i want to point this out, no ones been a more vocal advocate for getting help to Small Businesses and getting them reopen than i have been, quite frankly. I understand being the child of Small Business owners where quite frankly people in power and government and leadership never did jack all for my family or anybody i know running a Small Business. So dagen, im dagen government gets in the way. They wont they say theyre going to help. They dont provide it. Its too slow. And quite frankly, a lot of people feel like the only thing that government governors, mayors can do is open up, lets open up and just see what happens. Dagen, i could not agree with you more. Let me say, youve been talking about that and thats exactly what we need to talk about. Thats why its important to put in perspective the impact of what the government response has been to the virus on real families, real people. 41 of black businesses that are shut down over the last three months, because of whats happened with the government response to the pandemic. I could not agree with you more that it is our government that is interfering with the livelihoods. Dagen what about more stimulus . What are the gop members in the house onboard with in terms of additional stimulus . Another package . Yes, sure. As you know, i was very proud that last week the president signed the ppp flexibility act, bipartisan bill that i introduced along with dean phillips, unanimous consent in the senate, that will give additional flexibility to businesses to continue to survive. I hope thats a model well continue to look at as we go forward. Sevenpage bill. We try get the ppp to work for these businesses, extend the period in which they can hire people back in order to apply for forgiveness. We shouldnt be paying people more not to work than to work. The federal government and all its wisdom got in the way of Small Businesses like you just said, where they put Unemployment Insurance provisions to make it literally impossible for Small Businesses to hire people back because folks are getting paid more to not work. The president , the administration has been talking about this, republicans on the hill about payroll tax relief. There are ways to do this without running into another 2 or 3 trillion mass of ive still husband effort. I massive stimulus effort. I hope there is something more focused for businesses to hire people back. Dagen coronavirus in america, a new report shedding light on how the virus got to Los Angeles International airport back in march and authorities failed to warn the public. Ed lawrence has more. Good morning, ed. Reporter good morning, dagen. Really it spread ayou cross the west coast across the west coast. Two flights, one from new york, one from seoul, south korea slipped through the coronavirus sort of cracks going forward. One flight, an American Airlines flight 341 from new york already the shutdown had begun but a retired manhattan surgeon was already infected. The next day he was rushed to an la hospital, spreading the infection to everyone he came in contact with. That reached an assisted Living Center where nurse and others died. On the other flight, a woman had a fever, she had a heart attack the day after landing in los angeles and became la countys first coronavirus victim. In both cases, the times said that no one alerted anyone else on the plane that they were exposed. The cdc says local Health Officials failed to tell them. So no order of quarantine or trace cog happen. La county Health Officials say they did tell the cdc about the south korean flight but closed the case on the new york flight because they couldnt reach the surgeon in the hospital for an interview. About 200 people were on both flights. Senator john kennedy on sunday morning futures said regardless of the cases, now is the time to reopen the economy if we want it to survive. Its no longer a debate between safe or soon, its now safe and soon. Weve got to do everything we possibly can to keep people safe and weve got to do everything we possibly can to get this economy open, safely. Reporter a survey of four Public Health Officials Say these are some of the areas we have the biggest risk of getting coronavirus. It remains bars and large music concerts at the top of the list, followed by sporting events, gyms, schools, planes fall in the middle of the list with running or bike and pumping gas near the bottom of the list in terms of your risk of getting the coronavirus now that the economy is starting to reopen. Dagen. Dagen thank you so much, ed lawrence, for us down in i guess youre in washington. We have a lot ahead. Coming up next, i speak with form earn cke restaurant ceo andy pozner. Quicken loans Ceo Jay Farner weighs in on tips to refinance your mortgage. And indeed chief ebbing on of mist jed kalko tells us where to expect the next up and coming jobs in america, post pandemic. Coming up, futures pointing to sharp declines at the open as fears of a second coronavirus wave weigh on investors. National Economic Council director larry kudlow tells Maria Bartiromo hes still optimistic on the recovery. Were less than six months away from novembers president ial election and all eyes are on Presumptive Democratic nominee joe biden as he makes his final assessment for who will be his running mate. We break down the short list. Im back, back in a new york mood. Im back, back in a new york mood. Yyeah yeah hey, hey yeah vo at whether on the track,that exhor the everyday drive. Ty, today, that philosophy extends to how we connect with you. We call it, audi at your door. Whether a remote test drive, shopping, tradein, or even service pickup, audi at your door can do this and more at participating dealers. The premium audi dealership experience, on your terms. Audi at your door. Dagen futures pointing to a triple digit loss at the open to start a new week, a 666 point loss on the dow futures right now as investors are rattled over growing fears of a coronavirus resurgence and a potential shutdown that could go back into place. Larry kudlow speaking to Maria Bartiromo on sunday morning futures, striking a more optimistic tone about a recovery. Listen. Maria weve got jay powell saying were going to keep Interest Rates where they are, near zero, until 2023 as the road to recovery is long. Do you think its going to be even worse with what were cooing iseeing in the country t. I think with the rescue package and the reopening of the economy as we transition, 80 of Small Businesses according to the chamber of commerce are reopen offing, new Business Applications are roaring. Tremendous demand for housing and homes, thats new homes. I think were off to the races in what will be a very strong vshaped recovery. Dagen joining us now, Capital Markets head of global research, Katherine Rooney vera. In terms of a recovery, we are going to get retail sales out this week and were expecting to see a nearly 8 jump in retail sales for may, recouping 40 of aprils drop. Good news. Of course its good news. The question that i have is, is it sustainable news. So i think you will get a vshaped recovery at some point but is it in the offing in the next couple months, dagen. Thats my question. A lot of restaurants can open but they arent opening because they refuse to open at a loss because we can open, but you can only have 20 of capacity. On top of that, you have the consumer thats still confidence is still kind of low. The thing im looking for here is decoupling between Investor Sentiment and Consumer Sentiment to reverse itself. You have to have Consumer Confidence shoot up to the magnitude and velocity which weve never seen and we have yet to see that happen. Dagen mitch, you want to jump in . Katherine, good morning. What im trying to figure out is the way our economy is synchronized with the rest of the world, when we saw the bull market really taking off it was because global economies were synchronized in growth and now were synchronized in perhaps slower than we all want growth, what does that really mean for equity markets around the world in terms of where theyre headed . I think that equity markets, mitch, are certainly way beyond where they need to be. Theyre pricing in really euphoric perfection and i think we have three things in the offing, and ive been saying this for several weeks to our investors, both High Net Worth and institutional. Its the fear of missing out. There is no alternative. Dollar cost averaging, thats the way to do it in volatile markets. You can get a v that turns into a w. We are overstretched in the markets. Thats my opinion. I think that investors that are currently invested need to hedge themselves, hedge yourself with gold, hedge yourself with put options, hedge yourself with pits but hedged. Dagen katherine, thank you so much for being here this morning. Great to see you, as always. More mornings with maria right after this. In neighborhoods across the country, youll see gratitude. Communities showing support in their own way. Our way is massmutual healthbridge, a free Life Insurance program just for healthcare workers fighting covid19. So to all the healthcare workers on the front lines, thank you. Sawithout evenon yoleaving your house. Thank you. Just keep your phone and switch to Xfinity Mobile. You can get it by ordering a free sim card online. Once you activate, youll only have to pay for the data you need starting at just 15 a month. There are no term contracts, no activation fees, and no credit check on the first two lines. Get a 50 prepaid card when you switch. Its the most reliable wireless network. And it could save you hundreds. Xfinity mobile. Dagen zoom under pressure, the Company Recently bringing on a team of lobbyist as it deals with criticism from u. S. Lawmakers over its ties to china. Zoom suspending as beijings request accounts related to hong kong and u. S. Activists. The company saying those accounts have been reinstated. Maria spoke with senator john kennedy about zoom yesterday on sunday morning futures. Maria apparently one pro democracy activist was trying to honor the victims of Tiananmen Square and his zoom account got shut down. Whats behind that, in your view . Theres a group called humanitarian china, they opened a zoom account like millions of other people. They were using it to to organize a commemoration of the students who were killed in china at Tiananmen Square. The communist party of china picked up the phone called zoom and said eliminate their account, we dont want them talking about this and zoom did it. Now, thats not right. Thats not right by the communist party of china or by zoom. Zoom needs to decide whose side it is on. Dagen siraj, you first. What do you make of this kind of growing recognition of what zoom is doing . Zoom is obviously a huge problem. I mean, i use it for work and its obviously i kind of cringe at the thought that the Chinese Government is taking my information but one thing that we obviously are missing is how the Younger Generation has been popularizing the app tiktok which is another chinese spy app. So this growing use of zoom and tiktok and theres no really good alternatives to use, because theyre seeing so much good content coming from these things, thats been problematic and there needs to be a good solution or a market competitor to bring an alternative to americans. Dagen lee, ive been on Conference Calls recently or video calls and if youre communicating with like a big corporation, they dont use zoom. I mean, do you find that . I do find that. In fact, many of my clients you cant if you use zoom, you cant have conversations with them. Theyre looking at web ex, looking at microsoft teams, google hangouts, theres lots of alternatives out there that people can look into and i think by and Large Companies are looking at those not just because of the ties to china but really because of data concerns and people being able to jump in and jump out of meetings. So i think people really need to be aware and be careful when youre looking at zoom and as you mentioned tiktok. People need to be very, very aware. The thing that concerns me as theyre talking most people dont think about these things. Most people a lot of young people arent thinking about the issues related to particular toke and data tiktok and related to zoom and i think people need to educate themselves. Dagen mitch, final word on this. This is a supply chain story, when we think of supply chain we think of manufactured goods. There are Technology Solutions out there where a critical component of the supply chain and how the technology was created has roots back to china. When we reevaluate Global Supply chains we could evaluate technology. Dagen getting back to work, a chief economist for indeed tells us where to look for americas up and coming jobs post pandemic. We are less than six months away from novembers president ial l election. Presumptive democratic nominee joe biden narrowing down his final selections for Vice President. We break down the short list, next. Right before my very eyes. Oh, oh, oh now is the time for a new bath from bath fitter. Every bath fitter bath is installed quickly, safely, and beautifully, with a lifetime warranty. Go from old to new. From worn to wow. The beautiful bath youve always wanted, done right, installed by one expert technician, all in one day. Weve been creating moments like these for 35 years, and were here to help you get started. Book your free virtual or inhome Design Consultation today. Some Companies Still have hr stuck between employeesentering data. A. Changing data. More and more sensitive, personal data. And it doesnt just drag hr down. It drags the entire business down with inefficiency, errors and waste. Its ridiculous. So ridiculous. With paycom, employees enter and manage their own data in a single, easy to use software. Visit paycom. Com, and schedule your demo today. Dagen welcom cheryl welcome back. Im Cheryl Casone. Your top stories, 73 0 7 30 a. M. Eastern times. Concerns over a spike in coronavirus cases sparking a global selloff, u. S. Futures are down. The dow is down 604 points, nasdaq, s p in the red as well. Taking a look at Global Market action in europe, it is red across the board as well, restrictions easing up in the u. K. As retailers reopen. Many European Countries opening their borders to travelers today. As you can see, red there. In asia overnight, there was also red arrows across the board. Beijing reimposing some lockdowns after a spike in coronavirus cases there. And taking a look at oil, sliding, rising coronavirus cases fueling concerns over oil demand. The energy picture, oil down more than 2 and a quarter percent right now. Some of the other top stories this morning, 42,000 workers are stuck on cruise ships because of the coronavirus pandemic, without paychecks. Three months after the cruise industry shut down, thats according to a report in the miami herald this morning. Some of the workers are fighting covid19. Two major u. S. Cruise operators, caircarnival and royal carribean have started to repatriate some of the workers to home countries. Cruises are forebitten in u. S. Waters forbiden in the u. S. Waters until july 24th. Norwegian is down more than 11 in the premarket. Hong kong disneyland is going to reopen on thursday. Its the second disney theme park to welcome guests following coronavirus lockdowns. The park putting new safety guidelines in place, including temperature checks and facial covering. Guests will also be asked to fill out of Health Declaration forms. Disney plans to reopen californias disneyland sometime next month. Here is a look at what is trending this morning on of foxbusiness. Com. Trader joes near seattle autonomous protest zone temporarily closed. Employees claim the closing is related to their participation in a black lives matter protest. Albertsons store as coronavirus appreciation pay for grocery workers and instead plans reward payments, the reward payment will be equal to about 4 per hour. And how hotels are gearing up for summer travel, stepping up hygiene efforts, limiting the amount of people allowed in spaces and moving to inroom dining and cocktail experiences. Those are some of the headlines were following in the newsroom. Back to you. Dagen thank you so much. Countdown to 2020, the sweepstakes to become joe bidens running mate heating up with the Democratic National convention two months away, several prominent candidates are said to be under consideration including at least four black women. Among them, former president ial candidate, Kamala Harris, former Obama National security advisor, susan rice, congresswoman and former Orlando Police chief, val demings and Atlanta Mayor keisha lance bottoms. Joining me now, mercury partner, brian lanza and democratic strategist and Rock Solutions Senior Advisor, kristin hohn. Good to see both of you. Kristin, to you first. Do you have a sense of who this could come down to . For biden. Im hearing a lot of names, susan rice is certainly emerging as a frontrunner, i think in that world. But im just really excited first of all that hes committed to picking a woman. Not that i think that the most qualified people out there for the Vice President ial pick are women, but the le electorate, te women will be so important. I think this pick is more important than it generally is. It may be in other years. So i think probably youre looking at val demings emerging because of her history as a Police Officer. But susan rice and certainly senator marris has always been at the top of the list. Dagen kristin, stay on that with val demings work running a Police Department and then Kamala Harris, the senators work as attorney general in the state of california, does that hurt them with voters more than it helps at this point . You know, i dont think so. I do a lot of work with were seeing people want to have someone who can bridge the divide. Were seeing a lot of protesting, peaceful protesting but we need to be able to heal. I think with a background in Law Enforcement, those are actually the types of candidates who can bring people together. I actually have a candidate who is running for congress in kentuckys sixth district. He is a former cop and is talking about it in ways that is healing for the country. I think this actually might be a positive for them. And not a negative. Dagen regardless of who the running mate is for joe biden, brian, he will likely get at least a shortlived boost from that, wont he . Yeah, i think the Democratic Party coming together at the convention sort of encapsulating joe bidens 40year career and hitting this high mark, there will be something nostalgic about it. Hell certainly get it. Once the voters analyze his policies and what the plan looks like post covid i think the honeymoon will end quickly and abruptly. Dagen if his running mate is a black woman, thats not nostalgic, thats groundbreaking. Yes and no. You have to remember the type of black woman thats coming to the table. Kamala harris is a prosecutor in california, im a californian and i can say wholeheartedly that the black and brown experience was very difficult and very challenging during Kamala Harris as da of San Francisco or attorney general of california. I think she has to circle that square with respect to her record. I mean, she had gone further than most prosecutors in the country at that time. She wanted to put parents in jail for their truant children. That affected black and brown communities. She was looking to score cheap political points as she made the way up the ladder. Now she has to address the disparities in her record. Dagen california, blue, but lets talk about the middle of the country and looking at most critical swing states right now, wisconsin, michigan, pennsylvania, by the way, President Trump won those three states by less than 78,000 votes. He needs to win at least two of them to stay in the white house according to many strategists. Wisconsin, michigan, pennsylvania, florida, North Carolina and arizona in the polling average for real clear politics, joe biden leads in every single one of those states except for North Carolina where trump has a 3 0. 3 percentage point lead in North Carolina. What is a concern for you as a democrat about those states . How quickly could they turn . I think you never i think we saw in the last president ial election, you can never take these states for granted. Have you to go in and its really interesting running right now, during this time of covid, because youve got your traditional ground game is different, right. I mean, its going to be different. So it concerns me im not necessarily concerned. I think weve got our eye on the ball. I think that president or Vice President bidens team is adapting to the new world that we live in and campaigning in the right way. But youre right, i think that were doing well right now. Youre looking at states like pennsylvania, we have increased voter turnout. If you even look down ballot at the primaries in the house which are an indicator to me, have you a lot of people coming out. Very to make sure we keep the momentum up, though, going into the general election. Dagen brian, with President Trump resuming rallies, which are kind of a hot spot for his certainly his 2016 president ial campaign, how can they help . You know, i think they help energize him and they help energize the people who are supporting the president , his base as they say. I think any time the president s out doing that retail poll of politics, traveling to middle america, traveling to the southwest, having conversations, showing up in peoples backyards and communities and saying hey, this is my plan for the future, this is my plan for post covid and how were going to rebuild this great economy, i think thats a good thing and i think the activeists, the people who support him feel that energy and leave these rallies energized, enthusiastic about what tomorrow looks like and they move that energy into the communities and the neighborhoods. I think its a good thing. We have challenges we have to deal with, with Health Concerns, but i didnt hear a lot of liberal politicians talk about Health Concerns during these mass protests a couple weeks ago. Dagen but a lot of the media literally you cant you dont see a headline about a potential trump rally without it mentioning coronavirus. And like that word is not in headlines about the peaceful protests. Its amazing. Dagen where thousands and thousands of people were gathering. So i laugh because its just, well, comically lopsided. But great to see you both, speaking of not lopsided. Fair. Brian, kristin, good to see you both. Thank you. Dagen a special programming note at 8 00 tomorrow, 8 00 a. M. Eastern, maria will speak with former Senior Advisor to president obama, valerie jarrett, right here on of mornings with maria. Coming up, transforming the travel industry, coronavirus has revolutionized the way that americans want to travel. We break down the biggest changes you can expect. Plus, major sports leagues eyeing a comeback but not all players are onboard. Why some players say they might sit out the next season. 300 miles an hour, thats where i feel normal. Having an annuity tells me my retirement is protected. Protected Lifetime Income from an annuity can help your Retirement Plan ride out turbulent times. Learn more at protectedincome. Org. Dagen changing the way we travel, covid19 prompting Many Americans to switch how they plan for trips, according to a new survey. Ha45 of those askedsaid they wl insurance, compared to just 20 before the pandemic. Joining me now, travel and lifestyle journalist, fra franca page. Are you surprised by these numbers . Not really. I think its to be predicted. Theres so many benefits to getting travel insurance. It can seriously help cover losses, nonrefundable prepaid expenses and add that peace of mind to trip planning as well which i think people really want right now. By the way, it doesnt just apply to flights. It applies to road trips too. Its been predicted that a lot of americans will choose to drive in the coming months when they do travel. So its worth noting that travel insurance may actually reimburse you for the losses you face on the road such as trip cancellations or disruptions, injuries and illness. Dagen when you try to make a claim with travel insurance, is it hard to actually collect . Like so much insurance, like renters, you name it, renters insurance, if you have jewelry stolen youll get pennies on the dollar for what the stuffs actually worth. How hard is it to collect on travel insurance . Right. I think the main question i get asked a lot is what does it actually cover, how much is it going to cost, what does it cover . This really depends on the kind of coverage that you choose. You know, with travel were talking about covering rental costs, vacation rentals, breakdowns, trip cancellations and medical coverage and 24 7 assistance. There are a number of factors that can adjust the price of the insurance such as the age, trip expenses, the number of travelers and the destination. And Insurance Companies also consider accessibility to medical facilities and the crime rates of your destination when determining a price. For example, if youre a single healthy 30yearold male traveling to colorado this summer for a two week vacation you could be looking at a rate between 100 to 200 using an insurance calculate tore from Alliance Calculator for alliance. Com. Dagen what if you didnt have travel insurance and had a vacation that was canceled, do you have any resource at all if a trip got canceled a couple months ago. Its very much going to depend on the circumstances of your trip being canceled and the travel providers you booked with, which airlines, hotels, et cetera, as they all have their own policies. You should read up on those policies before you book. Thats very important. And the benefit of taking out Something Like cancellation insurance is that on your end if youre unable to take a trip due to an unforeseeable event, a trip Cancellation Policy will reimburse you for the prepaid forfeited and nonrefundable cost of your trip. Dagen fra francesca, great te you as always. Still ahead, sitting it out, Major League Sports leagues eye their comebacks, some players say theyre not ready to get back in the game. Plus, back to business, the chief economist for job Search Engine indeed tells us where to to look for americas up and coming jobs post pandemic. Sweet caroline. Good times never seemed so good. You doing okay . Yeah. This moving thing never gets any easier. Well, xfinity makes moving super easy. I can transfer my internet and tv service in about a minute. Wow, that is easy. Almost as easy as having those guys help you move. We are those guys. Thats you . The truck adds 10 pounds. In the arms. Okay. Transfer your Service Online in a few easy steps. Now thats simple, easy, awesome. Transfer your service in minutes, making moving with xfinity a breeze. Visit xfinity. Com moving today. Dagen getting back on the field, Major League Baseball, the mlb Players Union telling the league this weekend it is done negotiating and want to know today how many games will be played this season. The demand could lead to 50 games this season as opposed to the 82 originally proposed. This as some nba players expressed disinterest in moving forward with the basketball season. Concerns include plans to hold the entire season in orlando, florida, literally at Walt Disney World as well as the games potentially distracting from the black lives matter movement. Siraj, to you first. I will sum up nat kandido, our beloved stage manager. Im losing interest in baseball. What have these players done . Get back on the field. Yeah. I mean, the one thing that you can look at with at least the mlb is that if they actually have a shortened season, think of all the ticket sales theyll lose on. It makes owning a team seem less encouraging. There might be an owner or of two in the off season who might be looking to sell because the cost of operating a team might be too great. Dagen well, the longer they dont that the Major League Baseball and even nba that they dont play, the fact, Mitch Roschelle, that nascar has been back on the track since midmay, out there, racing, they raced at homestead miami, there were actually some people they were members of the military in the stands at homestead, florida yesterday. So whats the holdup . Nat pointed to this in the commercial break. The mike piazza home run first pro game after 9 11, how that really united the nation, whether you were a mets fan, a baseball fan or not. Thats what this is about. Its about basically bringing the country back together and so whats the hold up . And look at the pentup demand, look at the ratings on nascar were phenomenal, golf came back this weekend. Even if the fans arent in the stands, i think theres a tremendous Television Audience that theyre missing out on of. So the players should play. They should absolutely get out there. And its americas past time. People want to see it. I say play. And shoutout to nat, i miss seeing him in the studio. Dagen she has a new little girl named bella. A final word on how sports can help unite the country, again, so divided on so many levels. Sports place such an plays such an Important Role in the fabric of our society. It brings us together, whether we all agree on teams, i know nat and i support different teams but i love that we have that kind of rivalry. I love the connection. The problem that sports teams are having is much like other employers, is their employees dont feel safe going back to work. The teams havent communicated the plan thats making them feel confident. 30 of americans right now feel safe going back to work, and trust their employers have a plan on how to get back. Dagen i want to stop you. The onus is on the teams to get the players feeling comfortable going back. Dagen im going to stop you right there. Of all the people somebody can jump in here. Of all the people who are going to work every day, all day long, 40 hours a week, 5 of hours a week, at the height of the pandemic in the biggest hot spots in the nation like new york city, all the people checking folks out at Grocery Stores, all the people restocking stores, driving busses, they were front and center. All the people who worked in healthcare, not just the healthcare workers, just the people making sure that the nation was fed, and these players cant get back on the field . Theyre paid to take that risk, are they not . Theyre not making 15 an hour. Suck it up. Whats wrong with them . Fair enough. Its fair enough. Im just pointing out how people are feeling out there. I agree with you, get out there and play. I do think the management of the teams really need to get out there and make them feel more comfortable. Dagen how much you dont feel comfortable making millions of dollars a year . Okay of. I bet you feel really comfortable in your malibu mansion with the swimming pool, maybe you can take some more instagram videos and rub it all in, the fact were going to work and youre sitting in the sun, bemoaning, oh, my house feels like prison. Im talking about celebrities, but same thing. A bargain for borrower as Mortgage Rates hit new record lows, quicken loans Ceo Jay Farner joins me with trips to refinance, next hour, mornings with maria. Hold on for one more day. Things will go your way. Incomparable design makes it beautiful. State of the Art Technology makes it brilliant. The lexus nx experience the crossover in its most visionary form. Experience amazing at your lexus dealer. And mine super soft . With the sleep number 360 smart bed, on sale now, you can both adjust your comfort with your sleep number setting. But can it help keep me asleep . Absolutely, it intelligently senses your movements and automatically adjusts to keep you both effortlessly comfortable. And snoring . No problem. And done. So you can really promise better sleep . Not promise. Prove. Its the final days to save up to 600 on select sleep number 360 smart beds. Plus 0 interest for 48 months free premium delivery when you add a base. Ends monday. Good morning. Im Dagen Mcdowell in for Maria Bartiromo. Monday, june 15 your top stories at 8 00 a. M. Eastern, concerns over a spike in coronavirus cases, sparking a global selloff, issue futures are lower but off lows of the morning, you dow down 541 points at the moment the dow, nasdaq and s p 500 snapping their three week he winning streak last week to the downside, dow industrials, losing 5 1 2 on the week. Coronavirus cases on the rise, texas and florida among states seeing spree of in cases in hospitalizations. Unrest in at lantp. Protests following killing ach black man by police on friday night, the shooting now ruled he homicide. Parts of seattle under siege he the mayor supporting protesters calling actions an act of patriotism, President Trump saying the mayor and governor of the state should be ashamed of themselves tweeting the matter can we if i could Mortgage Rates to record lows quicken loans Ceo Jay Farner at 8 30 a. M. Eastern find out how can take advantage of low rates what it could mean mean for housing recovery mornings with maria is live right now. Fears of second wave coronavirus cases hitting Global Markets in Europe Markets selling off as well, losses across the board, utility off lows of the day so far, losses close to 1 in england, france, germany, restrictions easing up in uk as traerlgs reopen, many european kinds opening borders today in asia overnight beijing reimposing lockdowns after a spike in coronavirus cases, more signs of a slow recovery in China Industrial output below expectations up 4. 4 in may, he retail sales fell 2. 8 there oil sliding rising coronavirus cases fueling concerns about demand costly of crude down more than 2 at 35. 47 a barrel, joining the conversation this morning, lee carter Mitch Roschelle farage good to see all of you one more hourog first up Cheryl Casone has some top stories we are watching. Cheryl good morning again a dozen states easing more coronavirus restrictions today, the concerns growing over possible resurgence several see uptake including texas marked Third Straight day of record covid19 hospitalizations new cases in florida topping 2000 for second day in a row. Well, deadly shootings of a black man in atlanta sparking a new wave of protests Rayshard Brooks shot and killed by police, about about wendys restaurant fray his delta ruled homicide autopsy showed he suffered two you gunshot wounds to the back police have released body cam footage of the incident. If you to drink to be driving put your hands behind your walk put your hands behind your back. Going to man s. The officer who fired the shots was are terminated immediately fellow officer bronson has been placed on administrative duty, could face murder charges over that incident, the shooting touch off protests all weekend including blocking off interstate setting fire to wendys restaurant where brooks was shot so many in the streets firefighters unable to reach that building in time to save it, Police Reform going to take center stage in the washington Senate Republicans expected to formally roll out their plan wednesday house the democrats last week unveiled sweeping plan to reform the criminal justice system, many leading democrats pushing back against call to downtown Police Departments altogether President Trump expected to degree ofs poliaddress this wit order. Biggest on line fundraising date yesterday on President Trumps birthday, the gop war chest added 14 Million Dollars, topping the previous record 10 Million Dollars, back in october 2016, republicans now have about 255 Million Dollars in cash. Compared to about 100 Million Dollars for joe biden and the democrats. Headlines from newsroom back to you thank you so much cheryl, futures pointing to triple digit loss at open futures off flows if morning we still have 567point loss, on the dow futures at the moment. Servers rattled over fears of a coronavirus you resurgence in any are potential shut down measure could go in place however, the National Economic counsel director larry kudlow talking to maria sunday morning futures, striking a more optimistic tone about an economic recovery. Listen to this. Weve got jay powell saying going to keep Interest Rates where they are near zero until 2023 as the road to recovery is long, do you think it is going to be even worse with what we are seeing in the country today all of this protesting and rioting . I think with the rescue package reopening of the economy as we transition, 80 Small Businesses according to chamber of commerce are reopening, Business Applications, new Business Applications roaring tremendous demand for p housing new homes, i think we are off to the races, what will be a very strong vshaped recovery. Joining me now former cke restaurant ceo author of the capitalist would comeback agood to see you part of job of anyone in the administration to sound optimistic tone about their policies about the economy, but given the fact that you ran cke so long there was a report out that 85 of independent restaurants could close. He forever. That is the concern, particularly if you go back into shutdown mode . I dont know about being 85 number some group that is actually lobbying congress right now to try to get money for those restaurants but the point is welltaken a lot of independent restaurants that depend on dining rooms, full dining rooms are going to have a very difficult time getting through getting through this economic slowdown, Quick Service restaurants drivethroughs third party deliver actually doggie pretty well major chains doing better than they did last year but he over 90 bigs is drivethrough if you dont have that interpret means delivering food to consumers, you could have real problems now the good restaurants will open again when this is over but that doesnt alleviate the pain of Small Businesses that will close in the interim. You mentioned aid you said that as we by a group looking for more help for those restaurants that is kind of help needed . That is central question about, what kind of stimulus could be next additional stimulus. Nice to see enabled to survive through pandemic certainly paycheck protection program, was a big help to restaurants i have talked to a lot of franchisees, wouldnt be around if it were werent for that program. But this could go on quite a period of time, whether the government really has the ability to keep restaurants afloat for six months, 8 months, nine months, that is a different question, again, when this is over, if youve got a good location, restaurants will reopen maybe new owners when this is over i think we will see restaurants come back it would take a lot of government he resources to keep these these restaurants open in the interim, hopefully we find a slicing i am not optimistic about a solution. Mitch . Hey andy good morning, are about i guess the questions as you talk about paycheck protection still 130 billion dollars, of that that has not been claimed, main Street Lending facility which is several hundred billion dollars as well, hasnt gotten ramped up are those the means to keep these Small Businesses open . And what is preventing businesses from tapping into those resources to stay afloat . Well, i think they can tap into the resources to stay say float so longs they meet qualifications set by Congress Setting the programs up, most of these Small Businesses should be able to access those funds, if they are not i dont know why. I think the concern isnt really you short term isnt really getting through june, july, august they their concern can they last till november, december, january when we have a vaccine that really allows people to fill the dining rooms up again a longterm problem for them more than a are short term problem. What about this idea flooded the by larry kudlow about rather than extending the extra 600 dollars per week, unemployment, benefits, turn that into a return to work bowenss u. S. Is it necessary. I dont know if necessary a great idea we need to reward work stop regarding people for staying home if you dont want to go to work with you can get he o Unemployment Insurance the idea you would make more by staying home, than you do by going to work is absurd. There is a survey out, really two days ago funded by the America First policies, it found that 76 americans oppose benefits Unemployment Insurance benefits in have excess of what a person could make on the job, we need to do things to encourage people to support people that are going to work. What mary suggested is a good idea you could you also make it more simple take the government out of the middle of this, and just have payroll tax holiday through the end of the year like art laffer steve forbes have been proposing same result reward, would be very effective. Andy great to see you. Thank you so much for being here. Great to see you dagen thank you. Coming up getting back to work the chief economist for job Search Engine indeed tells us where to look for americas up and coming careers post pandemic. A barringain for borrow oers how to refinance. Thank you for everything bonus. Protesters in seattle occupy a 6 prolong area known as the capitol hill organized protest or capitol hill autonomous zone as demonstrations against Police Brutality extended over the weekend, live in seattle with the latest. Good morning dan. Good morning, dagen the chop as now being called, has grown a bit let me show you over here, we now ofa of have a sports field turf sportsfield so far been contain taken over by tents maybe a couple hundred when i saw on friday grown to several hundred People Living in tents sir rounding this ballfield past field open area number of tents have been set up this turned into more of a protest commune than anything else, but but is affectingsome businesses taco restaurant open one of the few a mix tr of residential there is you of apartment buildings lots of businesses several dozen businesses in heart of this Police Station that is precinct elevated exactly one week ago since then has grown into a protest where, people have come here we have video from over the weekend, where, thousands and thousands of people, came into the into the occupation protest to kind of get a look see what it was all about. So there were you know people brought their kids, just were look lookyloos wanted to see what this is about we want to know when this is going to end the mayor on record saying this could go on a long time police chief however wants this to end wants her precinct back does not want a flash point about like this was before they left on monday, so she talked about that over the weekend here she is. You dont want anyone there, to be harmed we dont want this to be smog that devolves into a force situation we are trying to take a methodical, practical approach to reach a resolution where everyone gets out of here safely. Reporter i talked to Police Source over weekend he said they could take the area back would not be a problem they could take it back reoccupy that Police Station the problem is holdings it you have that flash point trying to avoid in the first place i will tell you that they have lost a lot of officers 35 officers i am told have taken early retirement just last week there is a lot of antipolice rhetoric around here graffiti criticizing the police so kind of wears on Police Officers, a lot has left the department, because of it dagen dan thank you for that report dan springer in seattle, farage how long do you think this is going to last occupied seattle protest, if you will . It could last as longs as they all wall street protest to be honest now several months i feel like i should channel me say make chop happen chaz forever be chaz, i want to say an issue if seattle mayor general durkan let police do their job about stake take a stand because she wants to take stand against President Trump because he weighed in on it sounds like politics she is ruining their creditability as a result all are asking her to resign. Stop trying to make chaz happen u. S. Job market attempt he to go recovery nearly 21 million americans search for jobs following nationwide shutdown, we tell you where to expect americas up and coming careers post pandemic. Technology stocks a dip this morning my necessary guess says dont let go now why are you should be investing in tech amid the pandemic. Next. Back it on up tear it up. Kick the dust up. With virtual, realtime tours of our vehicles as well as remote purchasing. For a little help, on and off the road. Now when you buy or lease a new lincoln, are dow futures a dive this morning down 585 points the moment, fears growing over a resurgence shutdown measures, technical stocks under pressure next guest predicting up by years end he, kwekt Research Analyst dan, great to see you why do you say that. To me to Grocery Store continue to be the strong getting stronger, up 20, 25 , just comes down to wrr going to have speed bumps here on this unprecedented backdrop but i think as you look into second half of next year, start normalize 2021 numbers i think valuations get rerated from here any area of technology though you find points of concern . Have. The point of concern any of the vendors that are behind eight ball especially clouds you look at names ibm, that continue to try to look what happened look microsoft amazon ie. Wf cloud o ecosystem 30 work loads in cloud covid walkdrop accelerated the move cloud cybersecurity the core trends here. Regulatory pressure they probe wont be in safe zone regardless who is in white house next four years, in terms of pressure to break these companies up, add additional regulations and the like. When does that, if at all, start kicking in on these stops. A great point because ultimately what weve seen strong have gotten stronger amazon in particular i think you see more heat into the kitchen going into early summer as well as early fall i have view regulatory is a risk likely it is fine but no doubt there is a drumroll starting to get stronger and stronger in beltway to break up these companies the ones more high risk would be amazon, google i expect all the names spending a lot of time in the 202 area code next he three to six point amazon was made that much more powerful during the coronavirus shutdowns, whether there was lawmakers and leaders realized that at the time but this company is if you want toilet paper cant get from amazon most people couldnt even find it that dire. Mitch . Have you there Technology Companies in general really path forward to dans point, what i am concerned about, though, is back on june 5th the names Apple Microsoft Amazon Google facebook 20 s p 500, so dan if you are predicting that they continue to grow, does it get to the point where they are y are dominating s p 500 adversus effect not functioning the way they should because summer is dominate in a handful of names. I think continues to be for this market you are going to continue, especially tech stock but i do think more of a Ripple Effect especially in if midcap across cloudy cybersecurity not docu sign others but what you are seeing a Ripple Effect now this next stage more of a he Remote Workforce cybercloud names in particularly i think again more and more traction there could be consolidation take more and more hold especially next six to 12 months you mentioned zoom the Company Recently bringing on a team of lobbyists trying to deal with criticism from u. S. Lawmakers over its ties to china. Then suspending beijing request accounts reeled to u. S. Hong kong activists company turned around said its had been reinstaidz what about zoom in particular could zoom be a takeover target . I think zoom maybe you could have said that if you go back precovid19. But now that if you look, there is they really beck poster child on work from home theme that right now is seeing those slowing down i view them more console dater when you talk you can about bright spot downside too i think the security, as well as some other technology theyve had given more and more usage of the platform he globally. Look at docu sign, critic riks, Cyber Security vscale hearts and lungs facilitating work from home move. Great to see you. Thank you so much. Thanks for having me great to see you as also a coming up next, a bargain for borrowers morning rates new record low quicken loans Ceo Jay Farner joins me with ideas on refinancing a quick market check before break futures on track for steep o selloff at open, we are about an hour, and 4 minutes away from the opening bell, 589point loss on the dow futures. Stay with us. Can my side be firm . And mine super soft . With the sleep number 360 smart bed, on sale now, you can both adjust your comfort with your sleep number setting. But can it help keep me asleep . Absolutely, it intelligently senses your movements and automatically adjusts to keep you both effortlessly comfortable. And snoring . No problem. And done. So you can really promise better sleep . Not promise. Prove. Its the final days to save up to 600 on select sleep number 360 smart beds. Plus 0 interest for 48 months free premium delivery when you add a base. Ends monday. Im dagen dag for Maria Bartiromo monday, june 15 top stories 8 30 a. M. Eastern concerns of a spike in coronavirus cases sparking global selloff u. S. Futures down off lows of the morning 591point loss on dow futures right now Global Market action in europe selling across the board, losses north of 1 in england, france, germany. Restrictions in uk acres up retailers there reopening, many European Countries opening borders to travelers today in about asia overnight, it was a o selloff on the four major markets there, beijing reimposing some lockdowns after a spike in coronavirus cases. Oil sliding, rising coronavirus cases fueling concerns o over demand a drop more than 3 , crude oil 35 dollars and 12 cents a barrel. Mau i want to look friday your refrigerator. Cheryl well, you he nearly 43,000 pounds ground beef recalled for possible e. Coli contamination, the department of agriculture says the beef produced on june 1st was sold under brand names thomas farms, market size butcher so far no reports of anyone sick. Nascar welcoming fans since start of pandemic 1,000 fans mainly military members families aloud in homestead yesterday all screened at entrance, storms degrade race four times most fans gone by the time hamlin took the checkered flag his third win of the season here is a look what is trending on foxbusiness. Com, American Express gets nod to operate card network in china, company says it is first foreign Payment Network licensed to clear about domestic transactions in mainland. Best time to apply for a o job in post coronavirus workforce experts say now is good time to look for a job, should be honing online presence, how grand old opry kept corroborative from breaking a 95yearolds winning streak the show never gone dark in history social media streaming technology helping keep that stream in place, crazy times music is well good therapy, dagen those are your headlines. Dagen yes, it is thank you so much, buying a home amid coronavirus pandemic millions of americans suffering financially during the pandemic, during the shutdown, now might be a good time to power home 30year remarkable 3. 21 next week guest cfo largest Mortgage Lender in United States if you have seen increase in a number of morning applications what happens refinancing jay farner, the ceo of quicken loans good to see you jay. Good morning to you. Jay talk about, the the opportunity and buying a home now in also, refinancing, at low rates are people stepping up to do both of those things . Yeah absolutely, as you referenced, weve got hire Unemployment Rate challenge for some americans the vast majority can save hundreds a month we are seeing record numbers of refinance applications, actually the last few weeks record numbers of purchase application, as people prepare to buy a home, so great time with low Interest Rates. Where are you seeing most purchasing activity happening geographically. Across the board though interesting behaviors on east might be part of the change in thinking as people think about home and how important that is. The real issue is lack of inventory, as you probably know, weve got less than four months around you four months inventory critical the people fully approve almost cash admirers when they step out to find a home because there is lots of competition. Current homeowners apply for low rates during this time . Like what is the likelihood that i would what percentage americans are would it make Financial Sense for them to refinance at this point given where Mortgage Rates are . Yeah, you know, i would say the vast majority you reference the rates in low 3s depending on size, anywhere from 3 8 to half percent reduction in Interest Rates is going to save a lot of money especially 23 in home quite sometime may be buying points getting below 3 is a possibility for you so there is no harm, of course, in going only checking it out rock rocket mo emoof the rtgage good go. The record volume that you are seeing, in in both, refinances and new purse i agree on new purchases i predicted last week on should show a housing boom thies slowing down the process at all, by which, the approvals are taking place because i am hearing reports some areas that approval process is starting to slow down. Will. That is probably the most important question thanks for asking we are hearing that cross the industry just to take a step back, weve actually have seen our turn times drop, weve got a scalable platform using technology able to set records keep turn times low in general a problem cross the industry especially a purchase encouraging people to get a p approval before finding that home isnt take more than 25, 30 days to close a mortgage but he creeping up to 45 days and more in have a lot of places. There is report quicken filed confidentially for initial Public Offering what can you tell us about that there are reports that a pen would be valued in the tens of billions of dollars. Well, flatter to go hear numbers like that, of course, our mission in detroit cleveland, fooenz arizona have ben taking care of our clients, so at this point in time lots of rumors speculation but we are going to continue to focus on what we do best which is remain largest loaneder in country take care of clients help save money during this important time. What does the country look like in terms of reopening, how quickly businesses coming back online. Again, the mood of the nation because again if people feel confident in val of their home the ability to lower their Monthly Payments on mortgages that does a lot to offer optimism what can you tell us about that. I think that is exactly right, refinance applications are up substantially, over last year, but the thing that really is encouraging purchase applications, up significantly over last years time period, so people he were very encouraged about economy last year now even more purchase applications i think tells us that most americans are feeling good about the economy turning back out, and this could about next step i think there is been emphasis on what home means more employees think about working from Home Parliament elie want a he largely home all encouraging signs. What about you potential furloughs employment levels costcutting . Cutting an ad budgets what are you doing, in terms of pulling back on spending jay . If anything . Well were very fortunate because of the business that we are in we have been, hiring we have hired a few thousand people in the last 90 days feels great to provide jobs to maybe folks about who lost them this other segments of the industry so our hiring, is going well, we have been learning how to try virtually from home, our Technology Platform allowed 98 to work from home through this process helped keep turn times i referenced earlier very, very low we have been increasing that seeing opportunities to spend money as others advertisers actually back you are right across the board i think most industries pulled back to save money, has been beneficial for us. But we are watching hopefully, as we step into july and august we will start seeing ad budgets come back more competitive for us a good time for the economy gentleman good to see you as always. Thanks for having me. Of quicken loans jobs in america nearly 21 Million People on unemployment looking for new jobs, following nationwide shut council the chief economist for job Search Engine indeed, tells us where to expect americas up and coming careers next, plus, living large extreme length tiktok stars are going to draw eyes to the platform. Dagen u. S. Job market attempting to recovery more than 1 1 2 million americans filing for Unemployment Benefits last week, bringing the total number of people collecting jobless benefits to almost 21 Million People northbound of continuing claims. Amid the coronavirus pandemic shutdown, the good news, news jobs becoming available you heard jay farner talking about hiking chief commitment from indeed jed kolko where are jobs who is hiring. Good to be with you this morning dagen thank you, we are first of all, seeing, a solid rebound in jobs, around driving logistics warehousing kinds of jobs supporting this stay at home economy based on hiring throughout, this whole pandemic. But weve started to see now a rebound in certain sthaeshths had shut down but he sectors reopening beauty wellness hair salons kinds of things that people couldnt do, for a couple months, and now Strong Demand for the, seeing less flan for hospitality tourism Arts Entertainment some sectors still shut down may be for a while job postings down more than half there, compared to a near ago. What do you think will turn it around in terms of the decline that you are seeing in these job postings, do you get a sense whether that is temporary or not . I think the most important thing affecting the economy is the virus what happened to virus what happens with health, what happens with how we need to behave to contain the virus, about what happens with economy a key question there is the people who are temporarily laid off people expecting to go back to work, actually do or whether they lose jobs permanently right now, about threequarters of people who are unemployed say their unemployment is temporary. If that is true, and they also go back to work that would be great news but way too soon to know, how many of those people who are about temporarily unemployed may lose their jobs permanently. Lee cart center. I have seen how peoples view of the world changed nine out of 10 americans say everything changed as a result of the covid 8 out of 10 say what matters is changing are you seeing increase in people looking to change careers for different kinds of work is that Something Else you think is going to be moving forward as things pick up again . A great question we are not yet seeing lots have to suggest make long term career changes. Right now many people are desperate to find a job, they are looking for jobs they can start immediately, looking for jobs to work from home right now in time of uncertainty often not when you want big life decision you want to wait and see, what is going to happen with your spouses job, whether your kids will be back in school whether there will be child care when you need to move to another home those kinds of decisions, that factor into career changes. We may see career changes later on may see shifts in people interested working remotely on ongoing basis right now more people that are desperate to find a job are keeping insurance rather than people making learning term career changes. Thank you for being here great to see you this morning. Jed kolko. Living large tiktok stars take over luxury mansions, to draw eyes to their platforms, we have details next. Dont miss action follow on instagram mornings with maria from behind scenes action favorite segments go to Facebook Page mornings with maria, follow our play list mornings with maria on spotify listen to every day sound tracks send your questions comments directly to me on twitter, mornings with maria. Dagen tiktok stars living alarming young creators in mansions collab houses for the purpose of getting content. Good to see you lets show you some of those collab house, clubhouse nearly 9,000 square feet mansion in Beverly Hills the scene for a beautiful backdrop, so many option for tiktokor short viral videos that so many of us, not me and i doubt you dagen but so many of us like to watch, you will also notice that you look at some houses they dont have a lot of furniture in them all about space good lighting Good Opportunity to create these videos. Other houses like the house in l. A. Has its social media handle own handle millions of followers for housis not just People Living in it one house a playhouse Beautiful House residential Area Neighbors were complaining of the behavior the constant food deliveries amazon boxes piling up in the garage. The trash everywhere. But what all houses have in common is that you have to create content daily in order to live in them. So you ask who actually can pay for this monthly rent is 10 plus thousand dollars . The answer talent managers themselves or content creators he teenagers let me show you paychecks on some charlie demillio, a dancer 16 years old her post gets between 30,000 and 51,000 dollars. Dagen 16. Lauren gray also a teenager, king, what their the demanding creating short videos that the aven go viral, if you talk to talent managers they say if you want to be influencer or content career you needed to be young there needs Something Weird about you they spot i guess you call it talent i use air quotes but bringing in, big paychecks as you know, tiktok has been downloaded over two billion times as in the First Quarter dagen thank you so much louis whethers that my favorite video over the weekend was a young man, eating uncooked ramen sprinkling spice on it schooling chris cuomo about the First Amendment strange, but i loved it so. I watched it probably 50 times. A strong video i give you that i mean one thing that i had tiktok for a bit dedicated to chicken chihuahua are ine. What is he call the urn. His nickname i wake him up bring with me on shoe but he is still sleeping i was going to say because one, once i learned that tiktok was chinese spy app, i had to delete it immediately, because of all the data that probably is going to them, so as tiktok is i end up watching provides on twitter. All influencers i have seen enough make hideous tonedeaf choices to promote themselves, in the midst of the protests over George Floyds murder, and women and youve seen one after another after another. Like posture and pose in the middle of what is supposed to be a movement improve nation or mourn death of george floyd they are in gowns like taking other people videotaping them taking videos photographs people have been hut down for well idiocy thank goodness. The thing is about these influencers their called out a lot is basically virtual signaling pseudoactivism they act like they care they are just doing it so they continue get canceled continue to make paychecks. Dagen earned does your dog ernie needing to on a diet. I take him for walks every day he is very fluffy. Dagen i gained to pounds during hackdown going to cakau myself hermela. More mornings with maria right after this. Dagen new York Governor Andrew Cuomo going headtohead with new york city mayor bill deblasio over the citys reopening. Governor cuomo threatening to reverse the reopening process after photos of crowds ignoring social distancing guidelines in new york city and the hamptons surfaced over the weekend. What Governor Cuomo said he had gotten 25,000 reports from citizens about who is out. We were seeing 25,000 complaints of reopening violations. I bet you bars and restaurants that violate a law can lose their liquor license. I bet you those 25,000 complaints came from five people who have no life. I agree with you. I think that theres a huge divide in how people view the world right now, and its really by politics. Its kind of crazy. 80 of democrats think its too soon to reopen. Republicans are on the other side of this. I think we are looking at a very very partisan way and i think people need to make decisions for themselves. If you are at risk, stay at home. If not, go out, live your life i think its time. Dage dagen mind your own business. That does it for us. Varney company is up right now. David asman in for stuart today. David great to see you. Thank you very much. Good morning, everyone. Stuart is back tomorrow. The big story today, monday morning selloff. Stocks set to fall 2 to 3 at the open after fridays modest rebound. The market is worried about recovery. Virus cases are going up as the country reopens and that is causing concerns of a possible second wave and a slowing down of economic reopenings. The news out of china, a resurgence of the virus tied to a wholesale food market. The feds Robert Kaplan talking about the need to wear masks and if that doesnt happen, it will hit the recovery. Thats a fed president talking about medical policy. Whats that a