Transcripts For FBC Mornings With Maria Bartiromo 20240712

President getting support from some big names and might not be too late for a serious run and natural gas pipeline goes dry. Duke energy canceling atlantic pipeline, warren buffet is buying dominion. Mornings with maria is live right now. Dagen good morning, take a look at european markets right now. We have gains across the board. Pubs in the United Kingdom welcoming people back over the weekend, optimism there. In asia overnight, markets also having a strong rally, gains across the board. Chinastate run media saying the Company Needs bull market to build strength as Capital Markets ongoing reforms to attract money from home and abroad. You can see the rally in shanghai there up almost 6 . The fourth of july weekend marked by violence in major u. S. Cities, Cheryl Casone has the details along with other top stories we are watching this morning. Good morning, cheryl. Cheryl in chicago alone at least 77 people shot, 14 of them killed including a 7yearold girl, now the president is offering federal help tweeting sunday chicago and new york city crime numbers are way up. 67 people shot in chicago, 13 killed, shootings up significant nyc and people demanding that cuomo and mayor act now, federal government ready willing and able to help if asked. Police in new york city reporting 42 people shot over the weekend, at least 9 were killed and the majority of the shootings happened within a 5hour period. Well, new york city is seeing major spike last year in chicago and atlanta, mayor there telling protestors to clear out where brooks was killed after 8yearold was shot and killed on that spot over the weekend. You shot and killed a baby, you cant blame this on a police officer, you cant say that this is about criminal justice reform. This is about some people carrying weapons who shot up a car with an 8yearold baby in the car. Cheryl turner died saturday after two men opened fire inside her mothers car. Mother was trying to enter parking lot where protestors set up barricade. Monument of Fredrik Douglas was torn down yesterday. That monument is going to be prepared and then protestors tore down Christopher Columbus statute in baltimore and waterberry, connecticut, the statutes in baltimore in harbor. The statute in connecticut still missing. Maxwell, former girlfriend of epstein to be extradited in new york after her arrest last week in New Hampshire. Shes currently being held without bail there. Maxwell charged with helping epstein recruit underage girls to sexually abuse them. She faces up to 5 years in prison but they are requesting arrangement for this friday. Finally this, kanye west is throwing hat in the ring to be president. He wrote, we must now realize the promise of america trusting god, im running for president of the United States flag of United States, 2020 vision. Well, mark cuban tweeted his support say if there was rank Choice Voting available and kanye west was on ballot i would have kanye west. Dagen thank you, cheryl. Investors hoping to maintain momentum even as the coronavirus cases spike. Joining us mahoney Asset Management tim mahoney and ubs financial Allie Mccartney and john lonsky and pollster and maslansky partners lee carter. What would drive the markets in the coming weeks, is it the hope of more stimulus from congress and even maybe the federal reserve. I think so, dagen, no doubt this is fomo. Fear of missing out. Last week you heard from fed chair say basically hey, you know what, we need that fiscal policy and as the virus spread and setting record in florida, texas and arizona the more i think fiscal policy, more of a stimulus economy, hit the pause button here and not to reopen so closely because theres no stimulus. The fed is nodding over to fiscal side of things, hey, we need to get something done as well. Dagen the economic outlook, Goldman Sachs is down downgrading outlook due to recent surge in coronavirus cases in certain parts of the country. That investment banks chief economists expecting a growth contraction of 4. 6 , thats down from a a previous forecast. Ken, what do you make of that . Look, i think where we are is better than expected. We are getting there. Surprised a lot of poem considering what happened to march, almost 40 Million People who filed for claims. We got a third of the jobs back, a third of jobs in several months things can do a v shape. The markets have been doing vshape recovery and while the economy is not doing vshape and maybe a ushape. Dagen alli mccartney . Alli what do you think implications of major cities first wave or second wave on economy Going Forward . Maria ken. Ken new york gets pass and virus to another state and you see the start. Most isolate today travel, entertainment, all the areas and so forth and yet theres still a lot more money being spent by consumers and businesses and technology, they are accidental winners mostly weighted heavily in the s p 500, apples, amazon and so forth, we are seeing those things but Business Owners cant get back because of the virus and more money being spent on icloud, ai, and so forth. Dagen john lonski, people putting stimulus on autopilot even considering additional money that people are getting on Unemployment Benefits that you create triggers where that would end once you reach a certain level on unemployment. What do you make of that . John well, you want to be very careful with stimulus that you dont go ahead and discourage people from working and i think thats going to be problem and i talked to owners, private businesses, Small Businesses and they claim they are having difficulty finding workers because workers are getting paid more for not working as opposed to taking a job. It has to be well designed and automatic stabilizers, theyve been around for a long time, thats what youre referring to, we might be better off just having a cut in the payroll tax in order to increase the return from working. Dagen ken, i will give you final word. Ken thats an interesting point. At the end of the day is demand that we have to look at. The fact is a lot hotels are opening to 30 capacity, restaurants to 50 capacity with numbers still did not work yet. I give it valiant effort to the companies to try to get out and get going but, again, we need more demand to make it more profitable for these types of companies and industries. Dagen ken, great to see you as always. We are just Getting Started this morning at 7 00 what traders are looking ahead on opening bell. Tom reed and House Appropriations member tim ryan on the potential for more stimulus and in the 8 00 oclock hour we have labor secretary Eugene Scalia on thursdays unemployment numbers, employment numbers and the state of the jobs market and banks on the monument debate and how america should handle history. You dont want to miss any of those fine people. Coming up coronavirus surging, cases spiking across the country as former hot spot new york city enters phase 3 of reopening but no Indoor Dining. Youre watching mornings with maria live on fox business. Or whats trending. Get realtime insights in your customized view of the market. Its smarter Trading Technology for smarter trading decisions. Fidelity. I know, it sounds like an awkward conversation. But it shouldnt be. Life insurance from jenny life is made for all of us who worry about our families. Who have kids to protect. And who are on a budget. With jenny life you have one less thing to worry about. Because for a dollar a day you can be covered for up to half a million dollars. And getting that policy is easy. Plus, there are no exams or home visits. See, peace of mind isnt an awkward conversation. Visit jennylife. Com to get your Life Insurance policy today. Dagen coronavirus cases spiking across the United States, the country seeing nearly 150,000 new cases over the holiday weekend. Florida hitting a new singleday record on saturday with more than 11,000 cases. Joining us now Infectious Disease expert and John Hopkins Center for Health Security senior scholar dr. Amesh adalja, always great to see you. What do you make of spikes in certain states and are we seeing the higher death rates like new york specifically . Doctor the spikes are not surprising. You have to remember the virus hasnt disappear and the states are running into some problems but not only are they testing more the percent positivity of tests are rising faster than number of tests meaning the outbreaks are accelerating in the states and the death rates have not gone up its important to remember that deaths lag, it takes a week or so to see infection causing death so i dont think we will see deaths for some period of time and we have to monitor it, we will hopefully get less deaths because we have gotten better in the hospital for treating patients, managing the complications, managing the ventilator but we are still going to expect to see uptick in death just sheer number of hospitalizations across the states. Dagen in terms of gatherings, partying amid pandemic many are worried about spread of social gatherings where guests are not social distancing are Wearing Masks. Dr. Adalja, we are looking at a photo from a beach, but if somebody gets invited to, say, a cookout and you know that there are going to be maybe 30 or 40 people there, is it better to stay at home than risk it and try and wear a mask because you run risk of other people not wearing a mask . Doctor it all depends on risk toll reach. We are still in midst of pandemic and though there may be activities going on you have to realize that the virus is going to be invited as well so you have to think about risk factors for severe disease, what are your risk factors for spreading it and theres going to be some activities where the crowding is going to be so much that many people would just stay home like for god reason because its going to be hard to avoid coming into contact with the virus. There are other activities where they can be managed safely and its going to boil down to what your individual risk tolerance is going to be but you have to know when you take activities that theres some risk of the virus and you can try to do the best you can by staying 6 feet away, maybe wearing facial covering, wash your hands a lot but you will not eliminate the risk. We try to reduce the harm that the virus causes but we know people will get infected but we have to try to come up with best practices when people attend them. Dagen lets talk about air borne dangers, more than 200 scientists from 32 countries are writing to the World Health Organization urging the organization to recognizing the dangers of airisol spray and can be infections even in smaller quantities than previously thought. Can you please explain that because when people hear airborne, its in droplets, theres a distinction between those two things, correct . Doctor right, we have talk about big droplets, for example, influenza and theres airborne transmission where particles stay in air thats what we see with tuberculosis and measles. We have known that theres some percentage thats occurring during normal speech and definitely occurring in hospitals when poem get procedures like intubation but what the question is, what is the driver of spread and we know that people that are in close contact with each other for a prolonged period of time, thats where we are seeing spread. I do think theres a little bit of confusion about how important airborne spread in the community because we are not seeing measles epidemiology but something that we have to change Health Guidance about, i dont think so. We are all debating it right now and itll take some time to actually sort it all out but the general public shouldnt change what they are doing, 6 feet apart, face coverings, that should be what limits the spread, not coring about going into a room where somebody can spread. The managers of the store, they dont know what to do, are they going to Police Everybody that comes in the store . But i left as fast as i could even though i was wearing a mask but thats just one anecdote. I want to bring up quickly covid on college campuses. 121 students at the university of washington have contracted coronavirus despite virtual classes, those living on campus believed to have contracted the virus from close contact with residents on greek row according to university. Would it be safe for students to head back for fall classes . What do you make of elementary, middle and High School Students getting back particularly college as well . Doctor college will be much more challenging than elementary , middle and high school. When you think of parties, off campus parties, activities, that would be a time where people spread the virus. When it comes to elementary schools, children be in person for class in the fall. I agree with that. Children are special case, we are not seeing them drive epidemics and mildly effective but there are some serious cases but keeping children out of school is harming them. Make it safer to be able to respect social distancing and protect vulnerable populations like teachers, for example. Colleges are going to be difficult but i do think people do have the intention of opening. Dagen dr. Adalja, great to see you, thank you very much for the terrific information. We will see you soon. Coming up kanye running for president , what does it mean for race of the house straight ahead. Youre watching mornings with maria live on fox business dagen taking twitter by storm, kanye west tweeting over the weekend that he plans to run for presidency for the white house in november. Here is what kanye wrote, we must now realize the promise of america by trusting god, unifying our vision and building our future. Im running for president of the United States, flag of United States, 2020 vision, that was a hashtag, has more than 50 retweets and more than 1 million likes and its unclear whether hes serious and he missed ballot deadline in several key states and has not registered with federal commission . Lee, what do you think of this . Lee he sees an opening where theres not a of popularity in the candidates right now. When you look at joe biden, twothirds are voting against trump. Theres a wideopen field and need for another candidate and kanye is look agent it and thinking its going to be him. I thought he was a trump supporter. Im not sure whats going on here. You know what, why not . A lot of attention. Dagen john lonskis what is kanyes economic platform . John i havent the slightest idea but i might add what is joe bidens economic platform, what are bidens plans for taxes, he talks about tax hikes and what is that going to involve. If kanye gets in ballot, hes a bigger threat to joe biden than he is to donald trump, so why should trump be very much concerned or worried about kanyes possible candidacy . Dagen lee carter, before we go to break, you talked about the polls but what what are you watching that would turn those polls, that would lessen biden leads in swing states, what is one of the critical things . Lee two things that im watching, the traits that people are appreciating and what trump ranks high on is courageous and energetic and courageous is important. You want a president that will take a stand. Biden does very well in honest and Race Relations and he also does very well in something that the president did very well last time which is cares about the average americans, cares ant about people like me. I think the president needs to earn the trust of Middle America and thats something that we have seen recently and i dont think its out of the realm of possibility because the other thing im looking at is when you look at what policies they expect different candidates to do well the economy is still something that President Trump wins on. At the end of the day people are thats one of the most important things to everybody, all of the other things are nice to have but the at the end of the day we want the economy back and running and people are more concerned about the economy more than ever and thats what im holing onto and the other thing im looking at at this point in the game Hillary Clinton was ahead in the poll 13 points. You looked at every other measure it still seemed like Hillary Clinton was going to win in 2016 and no way or path for the president. We still have a listening way to go. Dagen alli mccarthy your take. Alli we havent brought kim kardashian. Dagen i will not weigh in. We will let the viewers weigh on that. Joe biden speaking to voters over the weekend. What they said thats ahead. Youre watching mornings with maria live on fox business. Thank you. Violation. Violation. I see youve met cynthia. At least geico makes bundling our home and Car Insurance easy. And it does help us save a bunch of money. Two inches over regulation. Thanks, cynthia. For bundling made easy, go to geico. Com theyeach one suffering withds. A story that breaks your heart. Thanks, cynthia. Like ravette, who needed help, because every step brought her pain. Their only hope is a ship unlike any other. Mercy ships. 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Plus free premium delivery on all smart beds when you add a base. Ends monday. Dagen welcome back im Dagen Mcdowell in for maria bartiromo, its monday july 6th, we are taking a look at where markets are at 6 30 a. M. Eastern. Futures are looking to kick off the week with a rally, big rally, 392point gain on dow futures after the u. S. Market posted strong gains last week with nasdaq closing out at another record high. We had gains of north of 4 on nasdaq and s p 500 in shortened trading week. Checking on european action, green across the board. Pubs reopening there. In asia overnight the markets also had a strong rally, china state media saying that the country needs a bull market to build strength as Capital Markets are undergoing reforms to attract money from home and abroad. Almost 6 gain in shanghai. Tragedy in idaho, two planes collide over a lake. Cheryl casone has the details there, cheryl. Cheryl thats right, dagen, good morning again, 8 people feared dead after two planes struck each other over lake, popular Summer Vacation destination for families. The bodies of two of the passengers were recovered before both planes sank yesterday afternoon. 6 other people remain missing. Supposedly includes children. Not clear right now what caused the crash but Investigation Underway likely involving the ntsb, uber with another deal in food business, 2. 65 billion and an official announcement could come as early as today. Fox business has been reporting extensively on possibility of this deal and uber in the premarket up almost 5 . Here is a look at what is trending this morning on foxbusiness. Com, a passenger on Spirit Airlines from new york to florida removed for refusing to wear a mask. Target has increased hourly wage to 15 an hour. Move being made 5 months ahead of schedule and forbes is out with list of the richest billionaires in every state, microsoft founder bill gates didnt make the cut he came in behind jeff bezos. Dagen thank you so much, cheryl President Trump and Vice President biden addressing voters this weekend, the nation grapples with protests over monuments and racial inequality, President Trump said this saturday. We are now in the process of defeating the radical left, the marxists, the anarchists, the agitators, the looters, and people who in many instances have absolutely no clue what they are doing. Its past time to fully address systematic racism and growing economic inequity can deal with denial of promise. As president i will fight every day to lead the changes and i will listen. Dagen joining us former Trump Campaign Communications Director republican strategist partner brian lanza and democratic strategist Senior Adviser christian hanh. Christian, at what point do you think Vice President biden needs to go out there and make more public speeches in the coming months . So i think hes done a good job campaign in global pandemic. Hes getting his message across pretty well which is one of incollusion. I am pretty sick of divisiveness of President Trumps rhetoric and im a moderate person and i look at people who are in the middle, looking at, you know, whats happening in this country right now and and people want somebody who is a leader who will bring people together and we saw in President Trumps speech again him tearing people apart. Dagen i will push back on that, brian, because that was certainly the narrative that came from the many Media Publications and Tammy Duckworth to quote charles cook in the National Review basically told a lie about President Trumps speech. Senator duckworth said that he spent all of his time talking about dead traders, thats a flatout lie writes charles cook, entirely untrue. One doesnt have to like President Trump to enjoy that duckworth is lying. One need to read what was said. Two references to the civil war in passages praising lincoln and condemning slavery and i can go to wall street journal editorial about how the speech was covered. It was called racial devision, device cultural war miami, dark speech when, in fact, it really came across as speech that virtually any president would give on july the fourth given the backdrop of america. Its pretty outrageous how the media covers President Trump not just in Mount Rushmore but everything that he does in the last years now. For Tammy Duckworth to make those statements, we shouldnt be surprised, theyve been lying significant about his actions for the last 7 years, so im not surprised. The media has the responsibility that they had forgotten about of covering things in fair and transparent way. This is nothing new. We will work against it and fight against it and the American People need to know that when President Trump says that the media, certain aspects of the media are enemy of the people, thats an example of being enemy of the people. They are creating the narrative, to wedge people apart rather than pull people together. Thats what the president says when he says certain aspects to have media are enemy of the people. Dagen kirsten, i will raise an issue that lee carter brought up, be very careful about the polls and Vice President biden is leading in in the National Poll and swing state polls, but he needs to figure out a way to hang onto that lead and give the American People, again, more of a reason to trust him on the economy, how does he do that . Kristen i want to say in my defense i i did not watch the Media Coverage of President Trumps speech i was speaking for somebody who watched, i was responding to that and not Media Coverage. And also, so on the polls i couldnt agree more. I worked with mostly with member offense the house and what you do when you get to districts as you learn to not trust National Polling all of the time, to really get granular in the data and look at where things are in the state of the race, i think looking into deeper the swing states. I think Vice President biden is doing very well right now but you have to be cognizant of whats going on all of the time. The democrats, we were confident going into the election and we were wrong. I think theres increase awareness. I think you to stay local and you to connect to the American People on a gut level which i think hes doing a good job but you certainly not just have to look at every National Poll and i can definitely tell you they are not being that high level about it. Dagen he has work to do, bryan, the president to pick up steam in a lot of the states. I will point out and i say this all of the time. If you add wisconsin, pennsylvania and michigan, President Trump won those states by a combined less than 78,000 votes. The margin of the margin of victory then was narrow and the margin of defeat, what say you . Bryan its going to be tough campaign. When i joined the campaign Hillary Clinton had substantial lead. We barely squeaked through. Here at the end of the day we will know, its going to be a blood bath, you will have biden advocating position that is actually slow down the economy by raising taxes by trying to redistribute the wealth, inject social justice into our economy. I think thats going to be the challenge that biden is going to have. At the end of the day we expect a tough battle, we expect, you know, we expected to be the blood bath that its always given. Dagen bryan, i might choose a different phrase other than blood bath. We will have sharp elbows. Its not we are not playing hopscotch when we are involved in politics. Dagen you kind of are. You kind of are. Its words. Policies have an effect but its literally debate. Before we go, kanye west tweeting saturday, hes running for president , billionaire, entrepreneur elon musk offering his support. Kirsten, how if theres a Third Party Candidate or a new candidate how would it impact the Biden Campaign . Kirsten kanye has been a supporter of trump. It sounds silly but how does it impact the race . You dont want to give it too much but when you have its a matter of tens of thousands of votes i dont think it will be. I think Vice President biden is going to win by much more than that but you never know with some of the candidates and their reach on social media, you have to be cognizant of it. Dagen bryan, where does it say about where both candidates are that kanye would feel the urge or the need to go whamo, im getting in about the lack of enthusiasm for either one of the gentlemen. Celebrities do this all of the time. I just read that paris hilton will run for president. Celebrities thats what they do, they dont view them as conversation thread. Dagen paris hilton is trust fund child and kanye west is one of the greatest artists in history. Great to see both of you. Covid19 hilting businesses not but equally, one Business Owner weighs in next on how the pandemics impact is hurting her bottom line. Plus designs go digital, paris not the person, but the city, adapting for fashion week. We take a look, youre watching mornings with maria live on fox business. With Fast Response and Great Service and it doesnt stop there were also here to help look ahead thats why were helping members catch up by spreading any missed usaa insurance payments over the next twelve months so you can keep more cash in your pockets for when it matters most and thats just one of the many ways were here to help the military Community Find out more at usaa. Com now every bath fitter bathbath fis 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. Leading armies to battle . , was that your greataunt, keeping armies alive . Drafting the plans. Taking the pictures. Was it your family members . Who flew. Who fixed. Who fought. Who rose to the occasion. When the world needed them most. Find and honor your ancestors who servered in world war ii. Their stories live on at ancestry. Dagen coronavirus impacting businesses across the country but not equally. Research is showing that 40 of blackowned businesses shuttered for good but midapril compared to 17 of whiteowned businesses during the same period. Several factors behind that difference including access to bank credit and federal stimulus programs. Joining us now massage life studios owner tracee gray, now fighting to keep her North Carolina business afloat. Tracee is joining us on the phone, tracee, get this video link working but for now whats going on with your business right now . As of right now we are pretty much we are struggling to keeping our doors open and rough time in our company in having to lose about 50 of our business, our massage clients and then, you know, we have to close so suddenly. There was no prewarning, there was no indication that, you know, we were just going to have to completely shut down immediately and then after that it was, you know, in a definite situation and that has caused a lot of uncertainty in my industry as far as bringing my clients back and then now they are back, so now we are back opened but we are having a very hard time even just getting our clients to come back because everyone is still really scared about the virus. You know, not being able to obtain the ppp loans, you know, the assistance that is, you know, made to help small business, small entrepreneurs like myself its definitely been a rough time. So tracee, in terms of the federal assistance, you talk about the Paycheck Protection Program, there were also the Economic Injury disaster loan program, you havent gotten any money at this point from any of those programs . No maam, not at all. Ive actually been denied. It was quoted that i did not take an Economic Injury which is very interesting being that i am i literally had to open an Online Business to bring an income. Without that business, i would not be able to pay my bills or, you know, just have my livelihood. Dagen tell me that again, tracee, why im sorry i miss what had you said, why did they deny that, the loan . Yeah, they stated that i did not receive Economic Injury. I got an email back after waiting. I applied in march right around within the first week of, you know, applied at the loan here, applied here, so many grants, i applied several time for ppp loan and received a letter finally that i did not receive an Economic Injury, so therefore they were denying my loan. Dagen i can i will make some calls on this, tracee, but i can tell you that if you try to go maybe go to a different and reapply because the Paycheck Protection Program is meant to help you compensate your employees and keep them on on the payroll during the shutdown and also the money is there to help with large percentage of it of things like utilities and if message business wasnt open your message business wasnt open or if youre only doing 50 of the business that you were doing before, thats just a fact. I can encourage you to go to a Different Bank i hope that helps and please come back and let us know how things are going, but take care of yourself and be well. I sure will. Thank you so much. Dagen tracee gray, youre watching mornings with maria live on fox business. Stay with us. Dagen morning buzz, first up the general Lee Confederate flag and all would stay in display in illinois. The dukes of hazard may have been goodold boys never meaning harm but the design has been causing controversy, john lonski thoughts on this . John bob dylan said times are changing. We live in a different age and we have to respect our new sensibilities. Dagen okay, it was a television show. It was fiction and this was the car in the television show, so where does it stop . Thats all im saying. Nobody is driving around in the street and it is what it is. You know what, if its offensive to people i understand that, then dont go see it in the museum. Next Paris Fashion Week goes virtual, coronavirus forcing designers to show their latest creations online this week. The local economy taking a hit with the lack of shows, parties and hotel rooms, alli, youve actually been to fashion week, what impact would this have . Alli yeah, the amount of revenue as a new yorker how much revenue comes, for example, all of the things that will be happening. Paris and fashion week are synonymous. You know, where are you going to wear anything . The problem is not only are they having issues getting their clothes made whether youre talking about having made in italy, india, france, but, you know, this is going to be a really big issue and its going to change industry in many, many ways. Dagen lee carter, i was hoping that this fixation on luxury goods would go away. The posing and the posturing and i dont want to put designers out of business but it is just what do you say . Lee well, i think we are going to see a trend towards much more real and authentic experiences. You are looking at places where you used to go and all of that arent open right nowened i think people will be going to real authentic experiences and prioritying and you see people selling goods on secondhand stores. Dagen got to go. Still ahead quarantine dating, stay with us. Moms lets talk Life Insurance from jenny life. Its made for all of us who worry about our families and have kids to protect. For a dollar a day you can be covered for up to half a million. Getting that peace of mind is easy. Visit jennylife. Com to get a Life Insurance policy today. And my side super soft . Yes, with the sleep number 360 smart bed on sale now, you can both adjust your comfort with your sleep number setting. Come on pup, time to go. Can it help me fall asleep faster . Yes, by gently warming your feet. But can it help keep me asleep . Absolutely, it intelligently senses your movements and automatically adjusts to keep you both comfortable. So you can really promise better sleep . Not promise. Prove. Its our 4th of july special, the queen sleep number 360 c4 smart bed is only 1,299, save 400. Plus free premium delivery on all smart beds when you add a base. Ends monday. Dagen good morning many im Dagen Mcdowell, in for maria bartiromo. Its monday, july 6. Your top stories, 7 00 a. M. Eastern. Coronavirus cases rising at an alarming rate. The World Health Organization saying cases hit an alltime high, topping 200,000 in just 24 hours. This as scientists warn of possible airborne spread of the virus. Futures are looking to kick off the week with another rally, 366 point gain on the dow futures, this after a major rally in asia, particularly in shanghai. U. S. Markets posting strong gains last week with the nasdaq closing out the week at another alltime high. The 2020 race getting a bit more crowded, kanye west announcing he is running for president. Getting support from some big names, but it might be too late for a serious run. And natural gas pipeline goes dry, duke energy and dough medicine i dont know energy cancelling Dominion Energy canceling the atlantic pipeline. Uber delivering on a big deal, the Company Reportedly agreeing to buy postmates for 2. 65 billion. And some major sports teams considering changing their name as pressure builds from some owners and big corporations. Mornings with maria is live right now. Checking Global Market action, in europe it is green across the board. We have gains of close to 2 in england, france and germany. The lov louvre in paris reopenig today. In asia overnight, markets having a strong rally. The shanghai was up almost 6 . Chinas state run media saying that the country needs a bull market to build strength as the Capital Markets are undergoing reforms to attract money from home and abroad. Joining the conversation all morning long, Allie Mccartney, john lonski and lee carter. We will see you shortly. Meantime, the 4th of july weekend was marked by violence in major u. S. Cities. Cheryl casone has the details, along with other top stories were watching this morning. Cheryl good morning again. To chicago alone, at least 77 people shot there, 14 of them killed including a 7yearold girl. Now, the president is offering federal help tweeting sunday, chicago and new york city crime numbers are way up. 67 people shot in chicago, 13 killed. Shootings up significantly in nyc where people are demanding that they act now. Federal government ready, willing and able to help if asked. Police in new york city reporting at least 42 people were shot over the weekend, at least nine were killed, the majority of the shootings happened within a fivehour period. And new york city is seeing a major spike in crime from this time last year. So is chicago and atlanta where the mayor there is telling protesters to clear out near the wendys where Rayshard Brooks was killed after an 8yearold girl was shot and killed at the same location over the weekend. You shot and killed a baby. You cant blame this on the police officer. You cant say that we this is about criminal justice reform. This is about some people carrying some weapons who shot up a car with an 8yearold baby in the car. Cheryl thats atlantas mayor. The girl died saturday after two men opened fire on her mothers car while she was inside. Police say her mother was trying to enter a parking lot where protesters illegally set up barricades. Well, more destruction over the weekend of historical monuments. A statue of abolitionist and former slave Frederick Douglas was torn down in rochester new york, on the anniversary of a famous speech he gave in 1852 which referred to july 4th at the time as a sham holiday in a nation that oppresses and enslaves black citizens. Protesters tore down Christopher Columbus statues in baltimore and waterberry connecticut. The head of the columbus statue in connecticut is still missing. Kanye west is running for president. In a tweet over the weekend he wrote we must now realize the promise of america by trusting god, unifying our vision and building our future many im running for president of the United States, hashtag 2020 vision. Mark cuban tweeted his support saying, quote, if ther if therea ballot with kanye west, i would have kanye west ahead of donald trump. Elon musk tweeted, you have my full support. Dagen thank you so much. Its time for word on wall street. Joining me now, dominic tavello, managing partner larry glaser and Iht Wealth Management president , steve dudish. Did i mispronounce your name . Dudash. Dagen thank you. Lets get going. Warren buffet major energy deal, a deal worth 10 billion to buy dominion assets, after they announced theyre cancelling the Atlantic Coast pipeline project with duke energy as the 8 billion project has faced regulatory scrutiny. Larry to you first. Go. Dagen, this weekends big buffet buy is classic buffet. Its value in the value sector which has underperformed the market. Its big, 10 billion of a deal where he needs to put the cash to work. Its about competitive advantage. Its a sector he knows a lot about, a deal thats not available to the average day trader at home who is looking for opportunity. I contrast that with the market as a whole. This has been the opposite of a buffet market. This has been a market led by growth, led by the airlines that he sold, not the banks that he held. So i think this is an opportunity here for investors to broaden out the rally, find other opportunities. Dagen, Value Investing is as american on Independence Day as apple pie and cookouts. Its nice to see it coming back, nice to see buffet sticking to his discipline as the market climbs the wall of worry and money gets put to work here. Dagen steve, do you agree with larry . I dont on this one. I think duke needed to get out of this deal. They couldnt get this thing done in the last 14 years, and that environment. In the current environment they had major head winds. For them to walk away from the pipeline now makes a lot of sense. Quit wasting money on it. Its a nice consistent of serve testify play, a company like duke, if you want something stable with a little dividend and want to get away from some of the riskier things Like Airlines and go way up and way down on a month to month basis. It makes sense. Buffet, lets be honest, hes sitting on 160 billion. He hasnt done anything. He probably missed opportunities in the last few months. For him to step in now makes sense. Im sure hes been getting some blowback from his investors over the last few months. Dagen even if someone doesnt have buffetlike cash, what do you say about, say, a duke energy . This is classic buffet. We wouldnt use the word big. Hes got over 140 billion available. So i would not call this a big deal for him. Energy right now is depressed. So in general, this is a sector that for a longterm investor, this is when you acquire it. Dagen stay on that. U. S. Economic outlook amid covid19, Goldman Sachs downgrading the Growth Outlook for 2020 due to the recent surge in coronavirus cases across the country. The investment banks chief economist expecting growth contraction, 4. 6 . Changed from contraction of 4. 2 . Dom, what do you say to this . Well, look, our worst fear was that the covid would not go completely away and that might come in the fall, this has been worse, its never gone away at all. We have very large states, texas, florida, that have been hit hard and theyve gone backward in terms of closing their economic systems, restaurants, hotels and such. So, yeah, its not surprising that the Overall Economic outlook is going to be a little bit more depressed. Im still in a positive yearend towards december. Dagen the market already knows this, right . Thats right. Look, investors have become very cautious. Optimism through the American Association of individual Investor Survey has plummeted recently. Most wall street strategists didnt see the pandemic. They didnt have it on their screen. Why would i listen to their advice now . They missed the one big mac crow theme that big macro theme. I think individual investors have did competitive advantage, not to read wall street research. It hasnt been that helpful. Dagen steve, your comment on that before we move on . I think were going to get past this virus. We have to invest. If we know were going to get through this. Science will get us through this. We will pull together. Therefore, now buying into this economy, buying into the market belief is the right move. It might not happen next month. It might not happen for six months. Theres no doubt we will get on the other side of this. When we talk to our clients, our investors, you have to invest with that belief. Yes, now is a good time. There is a huge pull or rise going across the country on this. But its not going to shut down the economy. The government has flooded the markets with money right now. You have to ride that wave. They put the floor on there for you. Theyve taken that huge downside away. Take advantage of it. It wont happen again. Dagen you have to explain this. Healthcare stocks slumped, the s p 500 healthcare sector finished june as the second worst performer of the indexs 11 groups. The group down two andahalf percent compared to the overall indexs one andahalf percent gain. Larry, why arent these healthcare stocks performing, given were in the middle of a pandemic. Go. Sure. It really is a great point. It baffles a lot of investors. You would think this area would benefit. Elective surgeries way down, thats where hospitals make their money. Thats the profit center. More importantly, this is not a cyclical area. It doesnt benefit from the reopening, doesnt benefit from the recovery. Its a slow, steady and stable area where margins have been really compressed. Theres better opportunities hell where. Elsewhere and better valuations outside of healthcare. Dagen healthcare, yeah or nay. Larry is 100 correct. They make money on election tipe surgeries. People werent going into the hospital because they were scared and they were told not to come. That will pick up but not overnights. Its a slowmoving beast. Its hard to jump in on that and try to think youre going to catch a quick pop on it. Its not the reality of how that industry works. So though it will pick up, its not going to be a fastmoving at this point. Dagen final word. I have two words, political risk. Great deal of it. A great deal of it, dagen. Obviously the polls show biden ahead right now. Youve got to take these with a grain of salt. We learned that lesson the hard way during the clinton last election. Having said that, i think the polls are way off in terms of how the disparity between trump and biden, i think its a lot closer, i think theres a lot of people out there that are not inclined to yet admit theyre Trump Supporters because of the political environment. It will be close. It is a tough call. Dagen do you like healthcare . I like healthcare. You buy things when theyre out of favor. All the rational was exactly right. A year from now, all that elective surgery, all that stuff that made hospitals profitable will be back and you buy it when no one else wants it. We actually added this last quarter to our of healthcare position. Dagen thank you so much. Gentlemen, well see you soon. Coming up this morning, house ways and Means Committee member deer tom reed along with tim ryan on the potential for more stimulus. In 8 00 hour we have labor secretary gene scalia on thursdays employment numbers. Indiana congressman jim banks on the monument debate and how america should handle its history. Cultural debate hitting the sports world, the Washington Redskins and Cleveland Indians dealing with possible name changes. What people think, next. Youre watching mornings with maria live on fox business. vo touch and go. Handwriting recognition and the audi a4. Now every bath fitter bathbath fis 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 the redskins reconsider, three minority owners of the team are looking to sell their stakes in the nfl team. Dan snyder, the majority owner, said last week hes reviewing the name after pressure from fed ex and nike. Lee, what do you make of this . To be clear, i am a life long redskins fan but i said years ago on the air, on the record saying that they should have started talking about this eons ago to get rid of the name. The reason the fans hate dan snyder is because hes been an awful owner. Their record is abysmal. Hes a terrible owner. Its about time the redskins started talking about this. Lee i think its about time the redskins started talking about this too. I think its been theyve taken the heat on this for a long time and they stuck to their guns on it and i dont think it was the right decision. I think now is the time to change the name. I think probably you a good time probably a good time to rebrand themselves. I think they need to have a new image sotospeak. They havent had the best record in recent years. I think this would give them a much needed boost. I think the time is right. And i think they cant avoid it any longer. Dagen it happened across the ncaa, stanford changed the mascot name in the 70s i think. And syracuse did the same. The Florida State seminoles, they worked with the local native american tribe to make sure that the tribe was okay with them retaining the kind of seminoles to represent them. But lee, really quickly of before we move on, do you have a name for the redskins . What would you have you researched that at all . Lee i havent researched it at all. Ive seen they have good ones out there. Im not sure which one i would pick. Because the question is, do they get something thats really close that has a different meaning or do they go with Something Different entirely. I think its a really important question. I think people will want it to stay close. I think theyre going to want to keep it with the same kind of a feel but its i havent come up with a name. Dagen okay. I know its washington but nothing to do with politics. Nothing. [ laughter ] dagen please, no. Its not just the Washington Redskins. The Cleveland Indians are also considering a name change as well after the team completely removed theit was of tension ive offensive to many character, mascot, chief wahoo last year. John lonski, what do you make of the changes . John well, i think theyre overdue. Much overdue. Washington redskins, you know, im a new york giants fan and i think its an old Baseball Team from washington that lost all the time. Why not call them the washington senators, bring that name back. That would really frighten Washington Redskins fans. Dagen im saying dont call them senators, dont call them the washington congressmen. Can you think of anything more loathesome. Whats the final word. Lee you mentioned in the 70s some universities started making changes. This has been a slow drip of sort of sensitivity to marketing and branding. Theres been an inflection point. I think theres no longer a tolerance either by employees of companies, attendees of universities or the general public for offending a few to make many happy and i applaud all efforts that are being taken to have sensitivity. Dagen and heres my final word. Washington redskins change the name, start winning consistently. Maybe theyre connected. [ laughter ] dagen and maybe get rid of the owner, dan snyder too. Coming up, Jeffrey Epsteins confidant charged, when Ghislaine Maxwell could be back in new york in front of a judge, next. And airbnb making changes, the company cracking down on potential house parties ahead. Youre watching mornings with maria live on of fox business. Stock slices. For as little as 5, now anyone can own companies in the s p 500, even if their shares cost more. At 5 a slice, you could own Ten Companies for 50 instead of paying thousands. All Commission Free online. Schwab stock slices an easy way to start investing or to give the gift of stock ownership. Schwab. Own your tomorrow. Schwab. 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 long time Jeffrey Epstein confidant Ghislaine Maxwell expected to be extradited to new york early this week to face charges she conspired with Jeffrey Epstein to sexually abuse underage girls. Ghislaine maxwell arrested in New Hampshire last week. Joining me now is fox news senior judicial analyst, judge andrew napolitano. Judge, people talk about her being offered a deal but when epstein was arrested, why wouldnt she have inked a deal then if thats what she was going to do . Do prosecutors need to offer her a deal at this point . Well, good morning, dagen. You know, people often dont offer a deal until theyre about to be arrested or they have been arrested. She may somehow in her mind have thought she could have lived forever in New Hampshire and nobody would catch her. Turns out the fbi had been watching her for months and was waiting for the right time. Prosecutors are always interested in a deal. A trial of this nature would be traumatic for the victims and expensive for the government. And they may very well have arrested her with the hopes that she will help them. I mean, one of their targets is eighth in line to the throne of great britain, one of the governments targets and he of course refuses to speak to the fbi, as is his right under british and under american law. And theres very little the American Government can do to force him to testify unless they have some more evidence against him. The rampant speculation over the weekend is that she is the living em bodyment of Jeffrey Epsteins black book because she was with him for so long and knows everybody with whom he was involved, not only for sexual liaisons, many of which would have been profoundly illegal, but also for intelligence liaisons. It is wellknown that epstein had ties to the israeli musad and did some work for them. There are a lot of people who are probably ill at ease this morning wondering on whom she is going to spill the beans. If she doesnt spill any beans and if shes convicted she will spend effectively the rest of her life in a federal prison. Dagen when Jeffrey Epstein was arrested and thrown in jail before he committed suicide, was it just last year that that happened, judge . I think it was just a year ago. Yes. Dagen why wouldnt she it seems longer but, yes, it was just last year. He was arrested in new jersey, brought to the metropolitan correctional center, federal Holding Facility in Lower Manhattan and and thats where e died. Dagen why wouldnt she have stepped up at that point if she really wanted to do the right thing . Something to save herself but to stand up for these victims. I have listened i have Read Everything that julie brown has ever written. She deserves the credit for bringing this case back to life and ultimately making sure that the victims have a voice and lets call them survivors, not victims, and also that epstein was ultimately brought up on charges and arrested by the feds here in new york. So why was ghislaine Ghislaine Maxwell, given everyone she knows, did she think she was going to get away with this . She obviously doesnt think the way you do. Your praise for the miami Herald Reporter is well documented and well justified and that reporter really is the reason that we know so much about this, and many of these victims will get some justice. Its hard to imagine that ms. Maxwell will have the slightest sympathy for these victims when if the governments allegations are true and the evidence is pretty substantial, she facilitated their victimhood. This is a very bizarre, bizarre relationship that she had with Jeffrey Epstein, that she would be in the business of procuring underage girls for epstein and for others and in the business of god knows whatever else. But she obviously doesnt think like Dagen Mcdowell, obviously has no by a pity or sympathy foe people that she victimized. She was concerned i would imagine at the time of epsteins arrest only for her own freedom which is now in grave jeopardy. Dagen and these survivors will finally get to face their abuser, alleged abuser, up close and in person. Judge andrew napolitano, thank you so much. Take care. Good to see you. Youre welcome. Dagen coming up, future stimulus, mother money could be headed to more money could be headed to your bank account. Thats next. Youre watching mornings with maria live on fox business. From fidelity. Now you can trade stocks and etfs for any amount you choose instead of buying by the share. All with no commissions. Stocks by the slice from fidelity. Get your slice today. And my side super soft . From fidelity. Yes, with the sleep number 360 smart bed on sale now, you can both adjust your comfort with your sleep number setting. Come on pup, time to go. Can it help me fall asleep faster . Yes, by gently warming your feet. But can it help keep me asleep . Absolutely, it intelligently senses your movements and automatically adjusts to keep you both comfortable. So you can really promise better sleep . Not promise. Prove. Its our 4th of july special, the queen sleep number 360 c4 smart bed is only 1,299, save 400. Plus free premium delivery on all smart beds when you add a base. Ends monday. Dagen welcome back. Im Dagen Mcdowell, in for maria bartiromo. It is monday, july 6th. Your top stories, 7 30 a. M. Eastern. Futures are looking to kick off the week with a major rally, 352 point gain on the dow futures after all three major market gauges in the u. S. Posted strong gains last week. The nasdaq, the big winner. Closing out the week with another alltime high. Checking on the Global Market action in europe, it is green across the board many gains of north of one andahalf percent in england, france and germany. In asia overnight, strong rally. Chinas state run media says the country needs a bull market to build its strength as ca Capital Markets undergo reform. President trump gearing up for an outdoor rally in new england. Cheryl casone has the details. Cheryl President Trump is going to hold that rally at the Portsmouth International airport in the battleground state of New Hampshire on saturday. This is going to be his Second Campaign rally since the covid19 pandemic hit the u. S. In march. An indoor rally was held in tulsa, oklahoma last month. The turnout for that rally smaller than expected. Hand sanitizer will be available available. We are learning about plans by the European Union to crack down on Big Tech Companies like google, facebook and amazon. According to the wall street journal, eu regulators are proposing regulations that target competition, taxes and content as part of a comprehensive plan to rein in the companies. The eu trust czar is outlining new boundaries. We should add the heads ofal paa take bet and alphabet and amazon are scheduled to testify this month. A look at whats trending this morning. Canceled holiday celebrations have americans turning to do it yourself fireworks. The state of texas is working n a program that would allow College Students to graduate debtfree with a six figure job in the oil and gas industry. And elon musk caused a firestorm on twitter on sunday, launching a new tesla product, red sat inshorts. Satin shorts. Those are your headlines from the newsroom. Dagen wheres the photo of the red satin shorts. Theyre very roller disco, 1978. You need aisha eye shadow to. Is it appropriate to show it this time of the morning. Dagen coronavirus stimulus, cases of the virus in the United States approaching 3 million with another spike over this weekend. Now more calls are coming for coronavirus stimulus. More of it. The extra 600 in Unemployment Benefits that people are getting every week that are set to expire at the end of this month as part of the cares act. Senate Majority Leader Mitch Mcconnell saying the senate will consider a new round of stimulus checks this week. Joining me now, new york congressman and Problem Solvers Caucus cochair, tom reed and ohio congressman and House Appropriations committee member, congressman tim ryan. Reed and ryan. Its a vaudeville act. Lets do this, gentlemen. Congressman ryan to you first, is that in the cards, is that something that youre hearing that conservatives and republicans would get onboard with the extension of this 600 . Well, i hope so. I think theres some accommodations we could make for people who are having opportunities going back to work. I think we coffing out a way to deal we could figure out a way to deal with that. The reality is, a lot of people are struggling, not paying their full rent, not paying their mortgage. This could be a cascading effect not just for them personally, but for the economy. You stop paying your credit card bills, stop paying your mortgage, you stop paying these things, you ruin your credit. It may take some families decades to climb out of it. A small investment upfront to protect them from that through the end of of the year i think would be the responsible thing to do. Dagen congressman reed, do you agree with that . Because we talked about this, that there are many americans, by some estimates half the people on unemployment are collecting more because of the 600 extra per week than they actually would earn on the job and we heard over and over again from employers theyre having trouble hiring people back, getting people back to work because of the extra money. Is there anyone in the Republican Party who would support extending this 600 . You know, i dont see a straight extension of the 600 for the reason you just articulated, dagen. This is a financial incentive not to return to work but to stay on unemployment. And so what we want to do is reward work. We want to encourage work. I think you need enhanced Unemployment Benefits compromise that recognizes the difficult times were in but in practice make sure that people are rewarded, not encouraged financially to stay in an unemployment position. Dagen congressma congressmany on that, what does the compromise look like and then ill get congressman ryan to say if he likes it or not. Im a believer of up to 600 but no more than x percent of the wages you had going into unemployment so you couldnt make more money on unemployment than you did when you were working. The bureaucracy has not had the capability or the competency to have Software Programs implemented in order to manage that. Because of the bureaucracy problem, we should say its okay to have this problem go unfixed . That is a real problem im hearing that needs to be taken care of. Dagen and congressman ryan, part of that bureaucracy is that Unemployment Benefits are delivered at the state level and so it wouldnt be when you have federal oversight of unemployment programs, that becomes exceedingly complicated and i know people who have just started getting their unemployment checks. Even though they applied for unemployment literally months ago. Yeah, no doubt about it. I mean, this is a structural problem that is very relevant in many, many states. I think its the sign of the times of the rhetoric for the last 20 or 30 years about how bad government is and we defund it, weve not updated, reinvented government. I hope this is an opportunity for us, guys like tom and me to come together and say how do we make this government function, how do we make it work, how do we make it efficient, whats america 2poin 2 2. 0 governmk like. At the end of the day its the people who are suffering. I have no problems sitting down and figuring out how we could work something out when it comes to the 600. My personal opinion, congressman rokana and i have a bill for 2,000 a month payments to everybody in the country until we get out of this mess. I think that the talks of the stock market and this and that are really underappreciating the level of anxiety and struggle that most americans are under right now. And thats a reality on the ground and many, many congressional districts, people are hurting and they need help and they need the federal government to step up. I hope we dont cut them loose and say hey, youre on your own in august and september because those families are going to spend a decade or more trying to claw out of the financial troubles that were going to have helped put them in. We have a responsibility to act and act now. Dagen congressman reed, ill give you final word on this. I talked about what congressman ryan is saying now for literally months that it was going to be a replay because of the massive amount of federal resieve resere stimulus. So the haves have more and then people on main street across this country are struggling. What say you, final word . I agree, that main street has to be the priority Going Forward and if you tim and i have a long history of working together. Put us in a room, we fix the problem in a heartbeat. Dagen congressmen, thank you so much. Tom reed and tim ryan. When i say vaudeville act, thats a compliment. I love vaudeville. So thank you. Take care, gentlemen. The next jobs in america, what the june jobs report says about future employment, plus airbnb making changes, the company cracking down on potential house parties ahead. Youre watching mornings with maria, live on fox business. And quarantine dating, a new app aiming to create deeper relationships. Thats ahead. We can get started. Maria this week on mornings with maria, tomorrow, conservatives dropping twitter for rival app parlor, ceo john m atsi. Is here. Left wing activists continuing the push to defund the police. Rudy giuliani on the consequences. Thursday, the jobless claims revealed here live as we follow your money. Friday, Dallas Federal Reserve president Robert Kaplan on the stimulus he believes the economy really needs now, thats all right here on mornings with maria. Oh, we love our new home. Neighborhoods great. Amazing school district. The hoa has been very involved. These shrubs arent board approved. You need to break down your cardboard. Thank you. Violation. Violation. I see youve met cynthia. At least geico makes bundling our home and Car Insurance easy. And it does help us save a bunch of money. Two inches over regulation. Thanks, cynthia. For bundling made easy, go to geico. Com dagen job market staging a strong comeback, a record 4. 8 million jobs added in the month of june, 40 of the gains in leisure and hospitality. The numbers not reflecting the surge of coronavirus cases across the country late last month when many restaurants and bars rolled back their reopenings. Joining us now, upwork chief economist adam ozimak. How are you and where are the next jobs in america . Thanks for having me. So i think theres two ways to look at this. One is who is bouncing back fastest from the pandemic crisis. And the other is sort of where are the longer term trends of employment. And for the first i think this is really the opposite of a traditional recession. Usually we see manufacturing and construction taking the biggest hits. Socalled goods producing industries. While Service Producing industries are more resilient. Thats certainly what we saw in the great recession. But today the opposite is true. Service professions have done worse and its really construction and manufacturing that have bounced back faster. Dagen john lonski, jump in here. Many areas, construction was considered an essential form of work even during complete shutdown. John you know, thats very true. You have to realize that theres now a stronger preference on the part of americans to leave central cities, to leave crowded cities and move out to the suburbs. Over the near term. That should give Home Building a major boost. Were seeing signs of that already. Again, as we look forward, we now realize how important the ability to work remotely is and so i would think theres going to be a lot of Job Opportunities in areas that enhance our ability to work outside of an office. Dagen speaking of that, adam, how many of the jobs will remain remote . So i think were going to continue to see growth there. Before the pandemic hit we were seeing growth basically every year over the last 20 years in the share of the workforce that was remote. And obviously since the pandemic the number has skyrocketed, almost half of workers are working remote. I dont think this is a onetime bump either. I think were going to see consistently higher remote employment. We actually did a survey of hiring managers at upwork and what we found was that more than half found that remote work was working better than they expected. And really less than one in 10 thought i was working less well than they expected. Theyre seeing higher productivity, obviously benefits to employees and they doubled their expected plans for remote work hiring over the next five years. So i really think this is going to be continued strong growth there, not just kind of a onetime thing. Dagen allie . Allie you know, i have name nr of clients who are ceos [dog barking] dagen you never have to apoll of guys for dogs, apologize for dog, continue. Allie i have a number before f clients who said they will definitely have more Remote Workers than they have in the past but theyre getting a lot of feedback especially from younger employees that in terms of moving forward, in terms of getting feedback, in terms of rising through the ranks, in terms of getting the culture, theyre really concerned about how to manage that. How did you see that reflected in your survey or the conversations youve been having . So i think that remote work is not going to work for everyone in every situation. But i think that a lot of companies and a lot of occupations it will work. And its just really a matter of learning how to work this way. So a lot of companies have sort of been thrown into this overnight and theyre still learning how to work with their employees, how promotions, management works. So i really think theres going to be a big learning experience for companies here. The important thing is that even with these shortterm challenges, the struggles to figure out how this works, its still really, really great reception from employers and workers so i think that overall while you will have complaints here and there, those are pretty minor compared to the benefits. Dagen allie, i greatly appreciate for the real world live demonstration of the trickiness of working from home. [ laughter ] dagen you know what, ive been coming into the office every single day even at the height of the pandemic in the studio because ive got two dogs and there is no way on planet earth i would ever be able to do Live Television with those two rascals screeching and hollering so thank you. Adam, it was great to see you. Thank you. Dagen take care. Coming up, airbnb making changes, how the company is trying to crack down on house parties. Youre watching mornings with maria live on fox business. 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With this type of plan, youll have the freedom to choose any doctor who accepts medicare patients. Great for staying with the one you know. Or finding. Somebody new, like a specialist. There are no networks and no referrals needed. None. And when you travel, your plan will go with you anywhere in the country. So, if youre in another state visiting the grandkids, stay awhile. Enjoy. And know that youll still be able to see any doctor who accepts medicare patients. So call unitedhealthcare today. They are committed to being there for you. Tick, tick, tick, time for a wrap up. A Medicare Supplement plan helps pay some of what medicare doesnt. You know, the pizza slice. It allows you to choose any doctor, who accepts medicare patients. And these are the only plans of their kind endorsed by aarp. Whew call unitedhealthcare today and ask for this free decision guide. Dagen time again for the morning buzz. Airbnb is trying to crack down on house parties, introducing new rules for youn younger rent, saying guests under 25 who have less than three positive reviews and any negative reviews will not be allowed to book homes near where they live. They can still book outside that area. Lee, do you know anything about this . [ laughter ] lee we just rented our house on airbnb to what we thought was a family of four and we had three separate complaints that it was eight 2 20something duds partying all weeks. I appreciate the effort. Theres a lot of misrepresentation that happens online. I think a lot of folks know what is out there. So im thankful for every protection we can get. Dagen did your house get trashed . Lee i did just get a text message from this wonderful woman who checks on it for us, thankfully everything is okay. But three separate complaints over the weekend and we really thought we were dealing with something totally different. We even spoke to people on the phone and he was acting like it was a family of four. Dagen you need me as your neighbor. I would have put a stop to that. [ laughter ] dagen next, who wants short shorts from tesla, in a dig to short sellers of tesla stock, elon musk selling red satin short shorts, they sold out kickly. The description says you can run like the wind or entertain by liliberace. What do you think of the shorts . Theyre ver richard simmons. Allie theyre like what i used to do aerobics with jane fonda, for sure. I never understood the link between apparel and cars but im not their target demographic. This is an interesting one. The guys a piece of work. You never know what youre going to get, whether its a baby name, a billion dollars, short shorts, here we are. Dagen i said earlier, im thinking roller disco with the matching frosted aisha eye sh. Im old enough to remember those days. Finally, 75 hot dogs in 10 of minutes, Joey Chestnut winning the hot dog eating contest. He beat his own record of 74 hol74 hotdogs. Job, discuss. John this tells you how starved we are for sports entertainment. I warned people, dont try this at home. And im asking myself, why doesnt this guy ever put on any weight . Whats his secret . Dagen just high metabolism. If i ate two, i would have a gut for three months. Still ahead well save that. Quarantine dating, a new app aiming to create deeper relationships, yo ahead. Mornings with maria live on fox business. Tada did you know Liberty Mutual customizes your Car Insurance so you only pay for what you need . Given my unique lifestyle, thatd be perfect let me grab a pen and some paper. Know what . Im gonna switch now. Just need my desk. My chair. And my phone. Only pay for what you need. Liberty. Liberty. Liberty. Liberty. Dagen good morning. Im Dagen Mcdowell, in for maria bartiromo. Its monday, july 6th. Your top stories, 8 00 a. M. Eastern. Coronavirus cases rising at an alarming rate, the World Health Organization saying cases hit an all time high, topping 200,000 in just 24 hours, as scientists warn of airborne spread of the virus. Futures looking to kick off the week with a rally, 378 point gain on the dow futures. This after all three u. S. Market gauges posted strong gains last week. The nasdaq in particular closing out the week with another alltime high. The 2020 race getting a bit more crowded. Kanye west announcing that he is running for president , getting support from some big names. But it might be too late for a serious run. And natural gas pipeline goes dry, duke energy and Dominion Energy canceling the atlantic pipeline. Uber delivering on a big deal, the Company Reportedly agreeing to buy postmates for more than 2. 6 billion. Plus, how the coronavirus is changing the dating world. More people looking for love online. Mornings with maria is live now. There are gains in england, france and germany, more than 1. 5 . The louvre is reopening today and pubs in the u. K. Welcoming people back over the weekend. Optimism there. And in asia overnight, where markets had a strong rally across the board, chinas state run media saying that the country needs a bull market to build strength as its Capital Markets are undergoing reforms to attract money from home and abroad. Shanghai composite up nearly 6 . Joining the conversation all morning long, Allie Mccartney, john lonski and lee carter. Well see you shortly. We move on to the 4th of july weekend. Marked by violence in major u. S. Cities. Cheryl casone has details along with other top stories were watching this morning. Cheryl good morning again. Chicago alone, at least 77 people shot, 14 of them killed including a 7yearold girl. The president is offering federal help, tweeting sunday, chicago and new york city crime numbers are way up, 67 people shot in chicago, 13 killed. Shootings up significantly in nyc where people are demanding that cuomo and the mayor act now. The federal government ready, willing and able to help if asked. Police in new york city reporting at least 42 people were shot over the weekend, at least nine people were killed. Majority of the shootings happened within a five hour period. And new york city is seeing major spike in crime from this time last year, so has chicago and atlanta. The mayor there telling protesters to clear out of the area near the wendys where Rayshard Brooks was killed after an 8yearold girl was shot and killed at the same location over the weekend. You shot and killed a baby. You cant blame this on a police officer. You cant say that this is about criminal justice reform. This is about some people carrying some weapons who shot up a car with an 8yearold baby in the car. Cheryl she died saturday after two men opened fire on her mothers car while she was inside. Police say her mother was trying to enter a parking lot where protesters illegally set up barricades. Well, more destruction over the weekend of historical monuments. A statue of abolitionist Frederick Douglas was torn down in rochester, new york, on the anniversary of a famous speech douglas gave in 1852 which referred to july 4th at the same time as a sham holiday in a nation that oppresses its citizens. The monument is going to be repaired. Protesters tore down Christopher Columbus statues in baltimore and connecticut. The take shy in baltimore was statue in baltimore was thrown into the harbor. Ghislaine maxwell is expected to be extradited to new york this week after her arrest last week in New Hampshire. She is currently being held without bail there. Maxwell is charged with helping epstein recruit underage girls to sexually abuse. The prosecution and defense are requesting an arraignment hearing for this friday. Kanye west is running for president. In a tweet over the weekend he wrote we must realize the promise of america by trusting god, unifying our vision and building our future. I am running for president of the United States. Hashtag 2020 vision. Mark cuban tweeted his support saying if there was rank Choice Voting available and kanye west was on the ballot with joe biden and donald trump i would have kanye west ahead of donald trump. Elon musk tweeted you have my full support. Simple words, dagen. Those are your headlines. Dagen thank you so much, cheryl. Cheryl casone. Jobs in america, thursdays jobs report showing a record 4. 8 million jobs were added in june with the Unemployment Rate dropping to 11. 1 . More than 2 percentage point dip from may. However, with many still unemployed and coronavirus cases spiking in certain parts of the country, americans, some of them are hoping for additional stimulus. Senate majority of leader Mitch Mcconnell indicated he would like to pass legislation before the august recess but will not extend the 600 per week unemployment boost. Joining me now, u. S. Labor secretary Eugene Scalia. Mr. Secretary, great to see you. Do you think that additional stimulus well get into the specifics of that, do you think additional money some way, some how, is necessary right now . Well, the jobs report friday, dagen, was just such extraordinarily good news. As youre indicating, i think will be part of the discussion about what we should do in any legislation at the end of july. We have now added 7. 5 million jobs over the months of may and june, far better than people were projecting in march at the time that cares act was enacted, at the time that 600 a week unemployment benefit was put in place. So unemployment dropping to just about 11 , you know, i was on with maria not too long ago. She was asking whether we can get to 1 o 10 unemployment by e end of the year and here we are at 11 for june. So things are trending so much better than people had been predicting and i think thats going to influence the debate now about further stimulus. Dagen will that reverse, though, even in a small way, given the fact that the jobs the unemployment and employment report, those surveys are taken in the middle of the month and now you have some problems in states with cases spiking, the reopenings pulled back somewhat. Here in new york city, for example, the nail salons will be able to reopen today but Indoor Dining is still off limits. So are you concerned about these numbers even a little bit heading in the other direction, heading in the wrong direction . Well, obviously were watching the increase in cases and thats something that we need to be attentive to and careful about and thats why were reminding people that the virus is still there, social distancing remains important, masks in many circumstances are needed. And we need to get those numbers back down and we do see some locals and states pausing. On the other hand, i look at healthcare, for example. We lost about more than 1. 5 million jobs in healthcare. We put a lot back now. I think we put about 360,000 healthcare jobs back in june. But we still have 900,000 people, fewer people involved in that sector than we did in february when we can put those people back in the next couple months i think, local government numbers are down there too. We can put people back there. So i think theres a lot of room to put people back to work even as we do pause certain types of reopen offings like restaurants. I think most workplaces are safe. We know the steps to take. And i am seeing them taken in workplaces across the country di. Dagen are they . I was in a wellknown Grocery Store chain over the weekend in a rural part of the country, not in one of the hot spots, but i went in theres a sign on the door that say says everybody has to wear a mask. At least more than half the people that were shopping, were not only not Wearing Masks, but they were talking on phones. To what extent is it the burden of the Business Owner to enforce the recommendations . I know theyre not laws but certainly theyre recommendations. All the employees were Wearing Masks but the customers werent. Well, the employers that i speak to and workplaces i visit, ive never seen u. S. Business as focused on health and safety as they are right now for obvious reasons and we at the Labor Department have put out a great deal of guidance with the cdc and osha on steps to keep workplaces safe. There are of course going to be some businesses that dont take the steps they need when we get those complaints, we are looking into them. And i think if youve got locales where people are getting too casual about masks, it makes sense for local officials to take a look at whats going on, particularly if there is community spread. But the rise in cases were seeing in some of the states you mentioned, dagen, i think its a message to the rest of the country. We do have to be careful. We do have to be disciplined. We can reopen safely. But it does get harder if people just throw all caution to the wind. We cant do that. Dagen gene, mr. Sec, talk about the mr. Secretary, talk about the stimulus, though of. In terms of what the administration would support, is extending that 600 per week in extra unemployment, that i is tf the table . The 600 a week, dagen, which was part of the cares act, was a really important thing to do as we closed the economy. We were looking at a circumstance where as an often necessary Public Health measure the government was basically saying you cant work. And so in that really unusual circumstance, it was a good thing to have a very substantial benefit. But now were reopening and as you know, the Congressional Budget Office has said that i think four out of five people currently on unemployment would get more from unemployment if we continue that 600 benefit going into the rest of the year. And so i do not think that that kind of a benefit makes sense. When in the great recession, eight, 10 years ago, the added unemployment amount was 25 a week compared to 600. In most states you can make between 50 and 55,000 a year annualized with this 600 a week benefit and some states its about 65,000 annualized on unemployment. I think thats not going to work well over a long term. Dagen i want to talk about a potential monument to your father. But before we move on, is it possible or rather is it nearly impossible for the state unemployment offices to get more granular on how much people get in Unemployment Benefits, say to adjust it per individual, say if you make this much, then your Unemployment Benefits cant exceed what you earn in your regular job . We were talking about this earlier with congressman reed and ryan. Is that something thats impossible for the state employment offices to do . We continue to look at that question, dagen. The states do take account of prior income to some extent in setting the state unemployment amount. Remember, when we talk about the fact that the 600 benefit is expiring, there is of course the state payment that continues after that. So we are looking at their ability to adjust it. But youre right, there are some limitations to those state computers which is part of the reason weve seen delays weve seen too. Dagen President Trump announced this weekend an executive order to establish a National Garden with monuments of prominent figures in American History including your father, the Late Supreme Court justice antonin scalia. What would the inclusion mean to you and the whole family. Its very touching, a great honor. It did come as a surprise when we heard the president had that in mind. I think that its so important that we do admire the great americans who founded this country. I was watching the hamilton broadway production with my little girls over the weekend, so many Extraordinary People founded this country. That production shows you that. We need to honor those great americans. Im incredibly touched that the president would include my father in a list like that. Dagen people can go read your fathers decisions because theyre beautifully written and insightful. Thats one of my personal favorite past times. Mr. Secretary, great to see you. Secretary gene scalia. Take care. This fox business alert, the Uber Postmates deal, official. Youtube postmates will continueo operate as a stand alone app. The deal expected to close in the First Quarter of next year. Uber shares sharply higher on the news. Take a look, uber shares up 8 andahalf percent premarket. Well be right back. [indistinct radio chatter] vo audi etron. The next frontier of electric. Dagen jobs stopped, Dominion Energy canceling its Atlantic Coast pipeline with duke energy, the 8 billion project faced regulatory scrutiny and lawsuits. Warren buffet making a major move, Berkshire Hathaway closing a deal to buy the transmission and storage assets. Joining me now, former Shell Oil President , john hofmister. The cancellation of this pipeline, what does that mean for the delivery of fuel . What it means is that the consumers or the people of North Carolina, virginia, west virginia, the people lose because this was going to be a new line of natural gas, displacing coalfired power plants in that region, and so the environment loses and businesses will lose because everybodys going to pay more for energy as a consequence of not providing infrastructure for the future. I really commend dominion and duke for sticking it out long enough to get the Supreme Court decision that enabled that line to cross the appalachian trail. If you can imagine the ridiculousness of such a lawsuit preventing a pipeline worth 8 billion from being built over crossing a trail. But the losers will be the people, the businesses and the environment because we wont use clean, natural gas to make power. Dagen they made the decision despite a favorable ruling recently, just last month, from the Supreme Court. Yeah, because the threats of additional lawsuits and the fact that this had been going on for year after year after year, they as two Companies Got tired of it. And they just said to heck with it. I think the pipeline will eventually be built but it will be built by someone else. Perhaps a third party, like an enterprise or some other logistics type Company Might build that pipeline in the future. But the Court Decision is there which was a good decision for the nation. Look, weve got to have infrastructure. This notion that we cannot build anything anytime, anywhere, because somebodys nose is out of joint is just absurd. Were the only country in the world that blocks infrastructure the way we block infrastructure and were just pushing poverty on the nation because we dont have the infrastructure. Its mindless. Dagen lets move on to energy. Lets take a look at the price of crude oil. Global oil demand expected to return to prepandemic levels by 2022 according to Goldman Sachs. Analysts credit more people commuting, a shift to private transportation and higher infrastructure spending. Do you buy this . Because again, if you have so many people who continue to work from home, i drove over the weekend, over the holiday weekend. It was extremely busy but not as busy as it normally would have been over a july 4th holiday. I think its going to take the end of the pandemic to really bring the oil demand back to what it was. I do think it will come back. Because people still enjoy the lifestyle that they have lived for their entire life thus far. So i think well see the demand come back up. Whether its 2022, 2023, hard to say. Depends on global growth, what happens around the world. But i do think the airlines will be back. Youre right about more commuters because people will avoid public transit. This is not a good time for public transit. You know whats a big consumer of oil, dagen, is the petrochemical business and the demand for petrochemicals shows no signs of shrinking. The more we invent uses for petrochemicals, the more oil they need in order to supply the demand. And so the traffic, the cars are really only 20 of the oil we consume. The other 80 is airlines and petrochemicals and marine and agriculture and other sectors. So we still eat so were still going to use a lot of energy to make the food that we eat. Dagen great to see you, john. Great insight as always. U. S. Energy secretary dan briatt will be a guest on varney and co. With more on the cancellation of the atlantic pipeline. Coming up, kanye, president . Next. 49. 50 i found you good job. Now im gonna stay here and you go hide. Watch your favorites from anywhere in the house with the Xfinity Stream app. Free with your xfinity service. Now any room can be a tv room. Stream live tv, on demand shows and movies even your dvr recordings. Download the Xfinity Stream app today to stream the entertainment you love. Xfinity. The future of awesome. Dagen taking twitter by storm, kanye west tweeting over the weekend that hes planning to run for the presidency in november. Heres what he wrote. We must now realize the promise of america by trusting god, unifying our vision and building our future. I am running for president f the ite un sedtetataas hag h0200 vionvi nere50, m50oreha nmillionioik l. L l l l ilnoil ctt wther hs ribouthiss cpan. Ig ig nd ds bloaltteadleseses innn n ralveey k ste stas aastt stgiederither thheed fal f f f eltielomonssonn. Io lee . Le le itstarddd too know if thf is for rorl r not. Otot we have h to h t h t h t h h ta grnf salt. T. It i an inter inttinthing to think about, if a Third Party Candidate were to come into the election at this point. One thing we know for sure is that support for the president ial candidates that are out there today, specifically joe biden, is not that strong. Folks that are voting for joe biden say theyre voting against donald trump. If theres another candidate to vote for i think it will hurt joe biden more than it will hurt donald trump. Dagen allie. Allie i would agree. I think its an interesting its an interesting representation of the fact that the volatility which has been hugely outsized in the first half of this year has largely been driven by our sort of economic shutdown and recession based on a coma in the environment. But i think that the election is going to be a huge source of volatility in the markets for all of the reasons we discussed, for the next number of months. We are less than four months away, believe it or not, and that should continue to create those opportunities and concerns in the Capital Markets. Dagen john . John. John cant hear me. John, can you hear me . Maybe not. Well check back in with john a little bit later. But leave it to kanye to like get everybody talking about him. Coming up, debating history, one lawmaker weighing in next on the monument controversy and how america should handle its past. And pandemic dating, quarantine changing how we look for love. Possibly for the better. Youre watching mornings with maria, live on fox business. Dont just think about where youre headed this summer. Think about how youll get there. And now that you can lease or buy a new lincoln remotely or in person. Discovering that feeling has never been more effortless. Accept our summer invitation to get 0 apr on all 2020 lincoln vehicles. Only at your lincoln dealer. Dagen welcome back. Im Dagen Mcdowell, in for maria bartiromo. Its monday, july 6th. Heres a check on the market at 8 30 a. M. Eastern. Futures are looking to kick off the week with a major rally, nearly 400 point gain on the dow futures right now, nasdaq on track to shatter another record high today. Checking on Global Market action in europe, it is green across the board. In i thin england, france and g, gains there. In asia overnight markets had a strong rally. Chinas state run media saying the country needs a bull market to build strength as its Capital Markets are undergoing reforms to attract money from home and abroad. Broadway losing one of its stars to the coronavirus. Cheryl casone has more. Cheryl. Cheryl heart breaking story, dagen, good morning again. Nick cornick cordero died from 9 complications yesterday morning in los angeles. He was hospitalized since march. He lost that 13 week battle with the coronavirus after suffering multiple setbacks including a leg amputation and a medically induced coma. He was a huge name on broadway, starring in several shows including bullets over broadway, a bronx tale and waitress. His wife who had been keeping fans updated on instagram posted god has another angel in heaven now. He was surrounded by his family, singing and praying as he gently left his earth. He was 41 years old. He leaves behind his wife and 1yearold son, elvis. Well, now an update on treatments for the coronavirus. Shares of regeneron are rallying in the premarket, up about 4 right now. The company said it has begun phase three trials of a covid19 treatment. The study is going to look at whether the companys antibody cocktail can prevent coronavirus from spreading to 2,000 people who have been exposed to it by someone that was close to them. Trial is run jointly with the National Institute of allergy and Infectious Diseases. Heres a look at whats trending on foxbusiness. Com. Mercedesbenz is recalling more than 666,000 vehicles in china later this year due a possible oil leak. The taj mahal reopens today with new safety guidelines. Visitors Must Wear Masks at all time and no touching the monuments marble surfaces. Dwayne the rock johnson dethroned kiley jenner as instagrams highest paid celebrity, earning 1 million per sponsored post. Hes just awesome. Theres that, dagen. Dagen thank you so much. Cheryl. Monuments around the country becoming targets of protests and vandals over the holiday weekend. A statue of abolitionist Frederick Douglas in rochester, new york ripped from its base on a site along the underground railroad. Officials say the statue will have to be replaced due to the significant damage done to it. In baltimore, a statue of Christopher Columbus that stood in the little italy neighborhood was ripped down and thrown into the baltimore harbor. President trump spoke out against the destruction of monuments during his speech at mounMount Rushmore over the wee. Angry mobs are trying to tear down statues of our founders, deface our most sacred memorials, and unleash a wave of Violent Crime in our cities. They think the American People are weak and soft and submissive but, no, the American People are strong and proud and they will not allow our country and all of its values, history, and culture to be taken from them. Dagen joining me now, indiana congressman, House Armed Services committee and intelligence emerging threats and capabilities subcommittee member jim banks. Congressman, youve introduced legislation to make vandalizing memorials to former president s and Founding Fathers a federal offense. Does it have any chance of moving forward . Well, i hope so. My legislation mirrors what the president is trying to do also in making a federal crime to tear down our nations statues especially those in washington, d. C. , those of our Founding Fathers, those who signed the declaration of independence. America has had enough of this. Its getting to a point where it doesnt make sense. Were tearing down statues of Frederick Douglas and abraham lincoln, two of our heroes who are not in the least bit controversial, among many others. America is waking up to it. They see which leaders are trying to do something about it. They recognize that theres not a single democrat in congress who has spoken out against the mobs tearing down these statues. They want their leaders to do something about it. Thats why introduced my bill to make it a federal crime. Dagen of course, it isnt just about confederate monuments, its about tearing down a statue honoring Frederick Douglas which just speaks to what people have been saying all along, these vandals and these criminals dont know u. S. History. And theyre just theyre angry mobs that will just destroy anything. Lee. They either dont know lee theres a lot of confusion about what is going on and what the American People are really struggling with right now. So republicans are all being labeled in one way as racist, supporting this. When theyre trying to stand up to things people are saying theyre insensitive. Its one of the things youre either with us or against us. Its really, really difficult to get to the bottom of all of this and Neither Party is really helping the other come together. What i think is interesting is joe biden, the candidate people are saying is going to be the one who is able to unify us. How do you respond to that . . Dagen congressman . Either these angry mobs tearing down statues dont know American History or they want to erase it all together. The fact that you have one party, you have a president who is speaking out against it in his speech, both at Mount Rushmore and the speech on the 4th of july, hes speaking out against it. You have another party led at the moment by joe biden who on the 4th of july wouldnt even say he loved america or show pride in america or history in his speech. The American People see the difference. Its very clear to them. They see the one party is trying to do something about it and one party is not. Dagen that was one thing in the editorial, in the wall street journal, that highlighted how the president s speech was characterized by Media Outlets including the new york times, the los angeles times, the Associated Press and washington post, that President Trump is stoking a culture war at the Mount Rushmore speech, divisive culture war message, racial division, dark speech ahead of Independence Day, warning of left wing cultural revolution. In fact, contrary to media reporting, thewall op ed writes the america mr. Trump describes is one of genuine racial equality and diversity and Frederick Douglas and Martin Luther king, junior believed that to be true and mr. Trump cited them both, that these im mortal words set in motion the unstoppable march of freedom that all men are created equal. It was a great speech. And he spoke about our heroes. He spoke about racial equality, about what we aim for in america. He said our best days lie ahead. I dont know how anybody could listen to that speech and not feel good about america or americas story and President Trump delivered it very well. Dagen i want to move on to china and the president s agenda there, two aircraft carriers, uss Ronald Reagan and nimitz launching jets and planes in the South China Sea over the weekend the simulate sustained attacks, one of the Largest Military drills in recent years as china held drills near the island. What do you make of the drills. Theres nothing that shows american strength and power better than the United States navy. Impartial to that because as a navy officer myself, but the reagan and nimitz in the South China Sea, weve only had two aircraft carriers in the South China Sea twice since 2001. That tells you what were up against in the region. While china tries to prevent freedom of the seas and the skies in the South China Sea for everyone else, america is there to protect it. Thats the difference between americas interest and chinas interest. They try block it, were there to protect freedom for all of our allies and countries abroad and thats why im very proud of the United States navy for what theyre doing at the moment in the South China Sea. Dagen congressman, thank you so much for being here. It was great to see you as always, congressman, jim banks. Take care. President trump just tweeting about the markets. If you want your 401ks and stocks which are getting close to an all time high, nasdaq is already there, to disintegrate and disappear, vote for the radical left do nothing democrats and corrupt joe biden, massive tax hikes, they will make you very poor fast. And he went on to write, china has caused great damage to the United States and the rest of the world. John lonski what do you make of the president s tweet . John i like what he was saying about taxes. You know, we are at a point in our history where were having record numbers of people that are retiring and that number is only going to grow. 401k plans are of the utmost important i think in this president ial election. We have to know what tax increases joe biden has in mind and what that means for the value of these 401k plans. If it turns out that these tax increases are going to hurt 401k plans, that is definitely going to damage joe bidens chances for election. Dagen allie . Allie trump has linked his success since the beginning to the performance of the Capital Markets, the nasdaq is up about 17 yeartodate. If the futures do track what we see today, the total return of the s p will be about flat for the year. The link between taxes and 401ks is a little bit tenuous. I would say if he tied himself to the National Debt he would have another big point is that two weeks ago we topped 3 trillion. So we have these two issues, neither of which is going away. That we need to be stimulative on one side to recover, we may be down to 11 unemployment but that still means that one out of every six people available to work in this country is not working. But on the other side, the financing of what looks like another fiscal stimulus package, we have put over half of our annual gdp into the market is necessary too and irrespective of who becomes president , this innate tension is going to continue to affect politics and markets well past the election. Dagen lee, does that message about the stock market work with anybody who isnt part of trumps stable base, the president s base . Lee i mean, look, the bottom line is this. The president ranks the highest of all the candidates, of both candidates, sorry, on the economy. And this is a point he keeps driving home over and over again. I think to the extent there are independents and people who are viable, this is an issue thats important to them. I think hes going to keep playing it. When you look at all of the issues on the table, the economy and jobs is where the president shines. Dagen sports team name changes, renewed pressure on the Washington Redskins after Corporate America speaks out with their money. Plus, pandemic dating, quarantine changing how were looking for love. Youre watching mornings with maria live on fox business. Dagen quarantine dating, like so many other things changing during the pandemic, the way we look for love is shifting as well. Lauren simonetti has the details. Lauren. Were probably looking for love now more than ever. But dagen, youre right, the way were doing so has changed. A lot of people are doing video chat dating. In fact, we asked bumble and they said they saw 69 increase in video calls. The week of may 1st compared to what happened before lockdown, before the pandemic. 44 of their users have been on a video date. Were talking about zoom dates. You get the idea. And then theres smore as in something more. Its the name of a new app and it takes the opposite approach. It wont let you see the profile picture of a potential mate until youve interacted and connected in different ways. The more you interact, dagen, the less blurry that photo becomes. Okay, i know youre asking because this is what i said, okay, ive interacted with this person and i see what they look like, what if i dont like it and i think thats the whole point. The founder of smore says you could compel attraction if youve interacted in a meaningful way. Not sure if its true. Thats the strategy theyre taking. Either way, we have seen a spike in people looking for connections at this time. Even if its just loneliness. I read a statistic that showed people who are in relationships but not quarantining with that partner have even signed up for dating apps. Its getting dangerous. Other ways that dating has changed is race, religion, ethnicity, theyre not always included on profiles now. In fact, is coronavirus included on a dating profile . I can tell you this. Okay cupid does include a question about that. They said does the coronavirus affect your dating life . All of this is changing how we go about meeting our special someone, dagen. Dagen great to see you as always. Lauren simonetti. You too. Dagen coming up, name change couldnt verve sigh, renewed controversy, renewed pressure facing the Washington Redskins, we take a look, next. Businesses are starting to bounce back. But what if you could do better than that . Like adapt. Discover. Deliver. In new ways. To new customers. What if you could come back stronger . Faster. Better. At comcast business, we want to help you not just bounce back. But bounce forward. Thats why were helping you stay ahead and adapt with a network you can count on, 24 7 support and Flexible Solutions that work wherever you are. Call or go online today. Because now you can expewatch all your favorite hulu shows and movies on xfinity. Youre only a voice command away from Award Winning shows like the handmaids tale, to new hits like little fires everywhere. And fx originals you can only watch on hulu. Thats just the beginning of what you can experience with hulu on xfinity. Tv made simple, easy, awesome. Dagen sports team controversy. The Washington Redskins under pressure to reconsider their name. Hillary vaughn is live from the teams home field, fed ex field in landover, maryland. Good morning, hillary. Reporter good morning, dagen. The Washington Redskins franchise says theyre now doing a thorough review of their name but the cost of rebranding merchandise, training facilities, and their stadium could cost millions of dollars. But it could cost them more if they dont pick a new name because some corporate sponsors are getting skittish and some shareholders are reportedly looking to sell their stakes in the team. The Washington Redskins head coach says a new name would be, quote, awesome. That hes been working with the owner to try to come up with a new one in time for the new season. Snyder commented on the review process ongoing over the weekend, saying this process allows the team to take into account the proud tradition and history of the franchise, also input from alumni, organization, sponsors, nfl and local community. It is proud to represent on and off the field. The idea has been brewing for weeks while Major Corporate backers, pepsico, bank of america, nike and fed ex saying in statements they support a name change after 87 investment firms and shareholders worth 620 billion asked the companies to terminate ties with the team unless they get rid of the red skin name. Fed ex is a longtime sponsor of the franchise. They made a formal request for the name change. Nike removed redskins gear from the online store on thursday. The couldnt versie controversy has shareholders shaken up. Three minority owners of the team are looking to sell their stake. Ditching the name may make sense when it comes to dollars. A boycott could cost millions of dollars. Last year they bought 78 million in ticket sales through the gate. Dagen thank you so much, hillary vaughn, joining us outside of fed ex field. Lee, do you think this will happen . Probably now it will. Lee i think now it will and now it should. I think that the pressure is on and its the right time to do it. We were talking about this earlier. I think its a good time for the redskins overall to rebrand any which way. So i think that they absolutely will do it. Theres some interesting names out there. Ive heard the name red tails which i think is an interesting name, would allow them to keep a lot of what they have already and lean into new story telling i think about equality. So i think its the right thing di. Dagen john. John i have the name. The washington generals. Then i thought maybe thats a little too littl miltiristic. Maybe the problem is going to go on and on. Dagen there were the new jersey generals of the usfl which trump didnt trump own that team . John yes. Dagen thats not happening. Allie, real quick. Allie i mean, i think this conversation has made it clear how difficult these choices are because we are sensitized and should be sensitive to so many things but definitely this is the time and i love that nikes putting its money where its mouth is too. Dagen maybe they ought to clean up with their production practices, they should start with that before they preach to the American People. More mornings with maria right after this. But i set fire to the rain. Watched it burn come on christian, step onto the blue line. Good stay safe, man. This device is giving us an Accurate Temperature check. Youre good to go. Have a good day. The safety of Amazon Community is very important. Youre good to go, sir. Thank you if i can take care of everyone who is sick out there, i would do it in a heartbeat. Step onto the blue line, sir. I have to take care of my coworkers. Thats how i am. This is my passion. Have a good day. I have a son who is 10 years old. I say, you know, mommy loves to help people. And he said, wow, one day im gonna be like you too. Im gonna be a doctor. He make me cry. Have a good day out there, okay . Maria i want to thank Allie Mccartney, john, and lee carter real quickly, what should we be watching fourth as a summer heats up tween biden and trump. I pick we need to see what people are going to get excited about joe biden for and the biggest thing is two thirds of voters are not voting for joe biden the voting against donald trump. If you can get momentum hes going to need to get to people stand with him in support of something. It is going to be absolutely critical and see how people support those things. Maria allie, john, Ashley Webster is in first root, right here, right now. Take it away ashley. Stuart good morning, everybody, stocks are ready to rally, good morning, everyone take a look at your money, big gains acrosstheboard as we get ready to kick off the first full week of the quarter, positive economic signs outweighing the rising cases in places like california, texas, arizona and florida, no worries there, the dow is up 391 points, and s p nasdaq firmly in the green, a big positive gain, technology, a lot of the big names that we talk a lot about our about to soar again. Check out the stocks in the premarket, all up