Transcripts For FBC FBN AM 20240714

The summer seems to last forever. And if i have the choice. Yeah, i was going to be there. Those were the best days of my life. Cheryl first day of summer, everybody. Welcome to fbn a. M. Good morning, im cheryl casone. Lauren it might start to feel like summer today. No rain in the forecast here in new york. Good morning, im lauren simonetti. Cheryl lets take take a look at how your money is moving on this first day of summer. Right now, futures are slightly lower, dow is down 31, s p is lower as well. June shaping up to be a great month. The dow on pace for the best month since october 2015. All the major averages up more than 7. 3 this month. Lauren the yield on the 10 year treasury is trading up by 4 basis points. Cheryl we continue to follow the tensions between iran and the United States. Lets take a look at oil. Weve seen move nonet the upside movement to the upside in oil. Oil is slightly higher, by a few kepts right now. Lauren gold is slightly lower, down 4 at 1392 an ounce. It did hit 1400, havent seen that level in six years. Cheryl asian markets mixed on iran, u. S. Tensions, the shanghai the only market thats up in the green this morning. Lauren this is how european stocks are trading, arrows a up arrows across the board. Cheryl oil is up 19cents, 57. 28. Breaking news this morning. The Trump Administration may made preparations for military operations against iran last night. Officials say the plan was withdrawn at the last minute and as tensions escalate in that region, the faa is barring american planes from operating over parts of the persian gulf. Lauren blake berman is at the white house, he has more. Reporter the pentagon is describing the shooting down of the u. S. Drone as a quote, unquote, he esclatory attack. President trump suggested irans regime may not have authorized the strike. I have a feeling, i may be wrong, i may be right, im right a lot, i have a feeling it was a mistake made by somebody that shouldnt have been doing what they did. I have a hard time believing it was intentional. It could have been somebody that was loose and stupid that did it. Reporter he made those remarks as he was meeting with Justin Trudeau to talk about the usmca deal. He didnt give any indications as to how the u. S. Might respond to iran. Well find out. Well find out. Obviously, you know, were not going to be talking too much about it. Youre going to find out. They made a very big mistake. Reporter also on thursday, the situation room was filled with key members of congress as they received a briefing on the ongoing tensions with iran. Back to you in new york. Lauren blake, thank you. Ill pick it up from there. After the briefing, Chuck Schumer and House Speaker nancy pelosi expressed concerns over the situation. We told the room that the democratic position is that congressional approval must be required before funding any conflict in iran. We must act in a way that does not that does deescalate and does not escalate the tensions and the situation there. Lauren democratic president ial candidate joe biden calling the president s iran strategy, quote, a selfinflicted disaster. He issued this statement. Two of americas vie l tall interests in the vital interests in the middle east are preventing ra iran from obtainia nenuclear weapon. Veal more on this later in the program. Cheryl President Trump is meeting with canadian Prime Minister just continue true dougJustin Trudeau as partof ana replacement for the north American Free trade agreement. Lauren Edward Lawrence has he details for us. Reporter Prime Minister Justin Trudeau said he had an excellent trip here to washington, d. C. He made the trip to make a personal pitch to House Speaker nancy pelosi and Senate Majority leader Mitch Mcconnell to ratify the usmca. He said he wanted to answer any of their questions and reassure them that this is a good agreement for workers as its written. We had a very frank and positive conversation about the path forward to creating a better opportunity for citizens, for workers, on both sides of our border. I fully respect the conversations and discussions going on in their ra ratificatin process. Its offered to be helpful in responding or allaying certain fears. Reporter whats next is the debate in the house of commons. Their house went on break. The canadian ambassador to the u. S. Told me the Prime Minister would call them back to special session if the u. S. Took up ratification in july. Mexico has already ratified this agreement. The Prime Minister saying that he believes no changes need be made to the usmca. President trump also saying this is a good agreement as is. Its great for the farmers, manufacturers. Its really great for everybody. And unions. Its great for unions. We have tremendous Union Support too. Its a tremendous it shows a partnership between three countries and its sort of three countries in a trade sense, were competing with the european union, were competing with. China. It gives us a bigger dialogue, a big r r platform. Reporter the canadian Prime Minister said he and the president agreed on a a preclearance agreement that would allow people and goods to flow back and forth between canada and the United States with a precleared situation. That would mean that goods could travel back and forth quicker, possibly increasing the amount of trade that could happen according to the Prime Minister. He said this would work in conjunction with usmca. Back to you. Cheryl President Trump also talking trade in an interview with telemundo last night. He suggested tariffs could be brought back to be used against mexico if the country stops complying with the u. S. Demands at the border. They can easily stop this tremendous migration to the United States and then we have all these the illegals coming in. Its no good. Mexico has been great for the last week andahalf. Now, i signed the agreement a week andahalf ago. But theyve been great. Theyve honored the agreement. If they werent great, i would put tariffs. Cheryl after three days of intense negotiations, mexico agreed to increase its efforts along their southern border with guatemala including deploying National Guard troops. Lauren autopsy results connected to mysterious deaths in the Dominican Republic will be released today. The tourist minister insists the island is safe despite the deaths. Health Officials Say one of the men likely died of shock after seeing her fiance dead. The families of two more tourists are coming forward. Chris palmer from kansas passed away in april of last year and Barbara Mitchell died after getting sick at a resort back in 2016. Cheryl protesters in hong kong took to the streets again this morning. Lauren Tracee Carrasco has the details. Whats going on now . Tracee angry crowds gathered outside the government headquarters and then moved to surround police headquarters. Government offices were forced to close. The demonstrators are demanding the resignation of chief executive carrie lamb and the withdrawal of an extradition bill. Investors showing their love for flack. The stock surging in its trading debut on the New York Stock Exchange yesterday. The stock ending its first day well above its socalled reference price, giving flack a valuation of about 21 billion. But flack has its challenges. Of the 600,000 customers that use it, only 95,000 pay for it. Mcdonalds is giving us a peek into the future. Its testing voice activated drivethrough as part of a plan to speed up service. Those efforts also include robotic deep fryers and automated beverage equipment. And today is a big day for fans of harry potter. The new augmented reality game launches in the u. S. And britain. A day earlier than expected. The game was developed by the maker of pokemon go. Youll remember in 2016, pokemon gos popularity caused server crashes and game outages. And they is whats happening now. Lauren you know what interested me there . The flack, its trading 4 higher today in the premarket and one of the analysts said, there might be truth to this, flack is to businesses what whats app to consumers, if you look at it like that, its a must have product. Nice reaction. Cheryl lets take a look at futures on your friday. June is shaping up to be a great month. All the major averages up over 7 . Were looking at red arrows right now. Dows is down 22, s p down 5 and a quarter, nasdaq down 16 and three quarters. Well, the president reportedly pulling back on an order to strike iran. So why would he change his mind and what should he do next . And forget big brother. Amazon has its own plans to keep an eye on you. Youre watching fbn a. M. Private eyes, theyre watching you. They see your every move. Private eyes, theyre watching you. Private eyes. Or trips to mars. 4. 95. Delivery drones or the latest phones. 4. 95. No matter what you trade, at fidelity its just 4. 95 per online u. S. Equity trade. Lauren tensions with iran escalating, a report that the Trump Administration made preparations for strikes on iran last night in retaliation for the downing of a u. S. Drone but called off the operation. We bring in gil berndale and phil flynn, a fox business contributor. Gil, why the aboutface . I think the president has been pretty consistent the last few days and has seemed to have real reticence about a fullblown war with iran, about launching into real military action, absent a greater provocation than what weve seen so far. Lauren we saw an aboutface a little bit on the price of oil, on that report. We really did. I think that what were seeing from that is the market is concerned about whats going to happen in this part of the world and this is a very important choke point for oil. It could have a major impact on the global economy. And i think President Trump, even though he pulled back from a military strike, doesnt mean that the United States isnt going to act somehow. He might just do it smarter and more effectively and by doing so, reduce the tensions of a conflict that could actually have a bad impact on the global economy. Lauren what is really, phil, moving the price of oil now . Is it whats going on in iran . Or is it this trade, Global Demand issue . Yeah, its a combination of everything. I dont think you can just throw out the iran situation, even though the u. S. Is the biggest producer in the world right you now. It still is a global commodity, its still going to have an impact. Theres a lot of other things going on here right now. A couple weeks ago we were telling the world that the u. S. Is going into a recession, the worlds going into recession and everybody wag doom and gloom about u. S. China trade deal, it wasnt going to get often and everybody was gettin get bearisn demand. Prices went down, demand spiked up. Looks like we could get a u. S. China deal. Whats interesting is you have the Federal Reserve talking about cutting Interest Rates next month. Then of course youve got europe cutting Interest Rates. China adding stimulus to the system to react to a h slowdown that may not happen. Thats going to be explosive for oil demand and i think trade is starting to get that. Lauren it feels like everything is kind of at this boiling point. We have the g20 next week. Were t waiting on what the u. S. Response to iran will be. What are some of our options for retaliation here . I think we can respond in a more calibrated way. There are options that arent military options. Lauren like what . We can talk about cyber, we can talk about reacting to iranian proxies in lieu of actual Iranian Forces, things we can do inside the country in terms of stirring descent and other options. There are a lot of economic levers, information levers and other things we can do in the region, short of actually launching strikes on Iranian Forces and the escalation that follows from that. Lauren is it necessary that we respond . If we dont respond, does that send the wrong message to other adversaries, russia, north korea, even china . I think sometimes that idea of american credibility gets used to drive us down paths we would rather not go. This idea that we have to constantly display strength. People are under no allusions about american strength and even american resolve as well. So i think responding to a calibrated provocation and overdoing it, a disproportionate response i think is not going to im press people impress people. Lauren the New York Times article that reported we were preparing the attack, pulled back at the last minute, i found it interesting that no Government Official said hold this report, dont go forward with this report and the message that that sends, what is that message, essentially, that we want to send . But of course the market and certainly the oil market is looking at all this. Ill let you wrap it up here with us, phil. I think so too. I also think it shows the strength of president donald trump. He has a lot of hawks in his administration, probably recommending a strike. He held back. It shows that hes still in control. Lauren got it. Phil, gil, thank you very much. And look at that, your names rhyme. Thank you. Lauren happy friday, gentlemen. Cheryl all right. Lets take a look at your friday futures. See how i did that. Pretty good, right . Dow is down 20, s p up 5 and three quarters, nasdaq down 16. Remember june has been a really solid month for stocks. Well see how today shakes out. Also still ahead, chinas president holding another summit with kim jong un. This time in north korea. Why some say xijinping has other motives to visit the rogue regime. And if youre a taco bell fan, occasion, the vacation of okay, the vacation of your dream awaits you. Well explain, coming up on fbn a. M. Were going to keep on rocking. Baby, aint no stopping. You cannot stop us now. This is the couple who wanted to get away who used expedia to book the Vacation Rental which led to the discovery that sometimes a little down time can lift you right up. Expedia. Everything you need to go. Expedia. The latest inisnt just a store. Ty its a save more with a new kind of Wireless Network store. Its a look what your wifi can do now store. A get your questions answered by awesome experts store. Its a now theres one store that connects your life like never before store. The xfinity store is here. And its simple, easy, awesome. Cheryl canadian Prime Minister Justin Trudeau and President Trump meeting at the white house for talks on the revamped north american trade deal yesterday, coming together to push for passage of the usmca which so far only mexico has ratified. Its the largest trade deal, by far, ever entered into. Were very close to having phi finalizing. Were really competing against the world. Were not competing with each other so much. Cheryl the trade agreement faces an uphill battle on capitol hill where nancy pelosi says the Trump Administration is moving too quickly. Lets bring in Clark Packard of r street institute. Good morning. Good morning. Cheryl did you have any hopes . Were you more hopeful we would get the usmca being ratified after yesterday. True dough met with President Trump and trudeau met with President Trump and several other congressional lawmakers about getting usmca through. I think this is the president s top priority right now. I think ambassador lighthizer is doing a good job, reaching out to democrats, trying to make the case for the agreement and trying to come to some sort of consensus and they know that changes need to be made and they seem to be willing to make those changes. Cheryl all right. So changes need to be made. Thats what nancy pelosi says. Remember that democrats are getting pushback from union leaders, im thinking about Richard Trumka in particular. They want to make sure mexico enforces agreements when it comes to how they treat and how they pay labor south of the border. U. S. Union leaders worry more jobs to go to mexico. I i think that that has always been overblown argument. It doesnt shock me that Richard Trumka and the labor unions are bent out of shape about this. I think ultimately i do think that this agreement gets done and, again, theres going to be compromises made. Maybe youll see something on environmental issues, on pharmaceuticals, trying to lower pharmaceutical prices. A number of issues where i think theres going to be some sort of consensus between democrats and republicans in the administration. Cheryl speaking of trade, interesting pictures coming out this week. Were seeing president xijinping walking alongside of kim jong un in north korea. Of course, the g20 is next week. Many investors are looking ahead to that meeting. Do you think that president xi had ulterior motives to meet with the north korean leader. Is this going to help him do you think with an edge over President Trump when they finally talk . Its really tough for me to say and try to get in the mind of xijinping. But look, i think that the u. S. china relationship is the most important geo strategic relationship in the world right now. Its important that we get it right. And it wouldnt shock me if china was using the north korean issue as a chip to play, to gain some leverage in this conversation with the United States. Cheryl yeah. Well, again, all eyes going to be on that summit which starts again next week. Clark pack car packard. Thanks for being here. Lauren President Trump showing restraint with iran, what the 2020 democratic contenders still on attack. The Border Patrol chief is upset with socialist alexandria ocasiocortez. What agents are now sounding the alarm about as the crisis on the border has gone global. Well be right back. The way that you are. Its just the way that you talk, like it aint no thing. And every single day us just a then the morning comes. Termites, feasting on homes 24 7. Were on the move. Roger. Hey rick, all good . Oh yeah, were good. Were good. Termites never stop trying to get in, we never stop working to keep them out. Terminix. Defenders of home. Lauren doesnt feel like a summer friday. Theres a lot going on. One week left in the month of june and the second quarter, for june, all three major averages gaining more than 7 . Best june for the dow since 1938. Futures mixed but relatively flat this friday. Yield on the 10 year treasury at 2. 03 this morning as tensions in iran continue to drive up the price of oil, following the biggest gain of the year yesterday. Oil still bubbling higher, up a quarter percent, 57. 24 a barrel. Gold also with an up arrow, hitting new six year highs right now, at 1392 an ounce. Asian markets mostly lower, the shanghai composite in china add half a percent overnight. Green on the screen in europe, all three indices gaining, the best performer, cac in paris. Cheryl were watching developments in washington. New york senator shuc sense chud not mince words about President Trumps handling of the iran crisis. I told the president these conflicts have a way of escalating. The president may not intend to go to war here but were worried that he and the Administration May bumble into a war. Cheryl also, the New York Times is reporting that there was supposed to be a military operation against iran, authorized last night but that authorization actually didnt happen. There was a change of heart on the part of the president. Lets bring in american majority founder and ceo and centra stra, ned ryan. Good morning. I want to say, what i find interesting here, is the white house did not waive off the New York Times on that report. That report is still out and the paper is Still Standing behind it. Do you think the administration wants to make sure the American People understand that they are taking their time, they are doing their Due Diligence to make sure we do not overreact to the situation with iran . Oh, absolutely. And i think this is a struggle a little bit between the president and some of his senior add vicar advisors who would prefer to use quite a bit of force against iran at this moment. What President Trump is trying to do is figure out the right response. There will be a response, but at what level and where and what will it look like. I would like to see him use force against wherever the strike came from that brought the drone down, very limited but obviously very forceful. At some point, we have to admit, if the mullas will not back away from their desire to have nuclear capabilities, we cant allow them to have these capables, my argument is force will have to be used at some point in the future. I think its israel and saudi arabia with us providing cover for them. Cheryl you make a good point about the saudis, they were attacked by a group that was funded by the iranian regime. The saudis have a lot to lose. As well as maybe a simple thing. Maybe do what president reagan did, that was put more war ships into the region to escort our tankers. The two things we need is the continued flow of Energy Supply through the strait of hormuz and is there a diplomatic solution with the iranians, is that possible . Im not really sure that there is, cheryl, as long as they stay in power, as long as the mullas stay in power. The thing thats disappointing to me, is when Chuck Schumer says we might bumble into war. We will not bumble into war. Iran might but we will not. Israel has a vested interest, as does saudi, in making sure they dont have somebody in their backyard with these capabilities. I think in a much larger picture the fact that nancy pelosi was bringing in Wendy Sherman and john brennan to brief the House Democrats on this situation, i find deeply disappointing. And when you look at this overall situation, this is about policy differences. President trump won, he is the executive. He is the commander in chief. They would do well to support him in whatever decision he makes. Cheryl we have to run but i want to show our viewers that of course some of the Democratic Candidates are already weighing in including joe biden who said basically hes calling the president s iran strategy a selfinflicted disaster. Theres the full quote. A lot of other candidates are weighing in. Its already being politicized which is disconcerting considering this is becoming at this point an emergency. Thank you for your help this morning. Lauren its so interesting. With everything going on, the market is marching to new highs. The s p a 500 marking its fifth record close of the year yesterday. The dow not only a stones throw from setting its own new high, but its ready for the best june since 1938. Why . Lets ask public trading. Com strategist todd horowitz. Good morning. Im going to ask you why. Im also going to ask you, because i know you expect the market to hit new highs, how long does this last . Good morning, lauren. Well, again, listen, theres no place else to go with your money right now. If you look around the globe, where do you want to invest . And the only place to go is the u. S. Equity market as it stands. 10 years at less than 2 . The rally will last until it doesnt. I know thats pretty ambiguous. Thats whats going to happen. I would expect to see some selling and the leadership in this rally has not been great. When the nasdaq and the russell are lagging the dow, that is not a real bullish sign. However, the markets will go up until they decide its time not to go up. Theres a lot of issues out there. I would expect to see a fairly substantial selloff for now i think you have to continue to watch it go up until it doesnt go up anymore. Lauren gold is also going up, six year high yesterday, 1400, havent seen that since 2014. Whats at play in the gold market . Is it fear or is it Something Else . I think gold first of all, gold is truly not a fear asset. Gold is a hard asset thats great to own. Its a fight against Interest Rates, its an asset that a lot of people try to sink as a fear but it doesnt protect an equity portfolio. I think gold has set a nice base and started to rally and i think yesterdays action, what we would call in the trade a blowout move to the upside, i expect gold to go higher. I would think it would pull back now before it makes its next move and i would think 1500 will be next on the target. Lauren okay, what a call. As you look at the move to the upside for gold, for stocks, the fed, is the wind at the markets back essentially. Yet there is huge calls for a rate cut coming as soon as next month. Whats your call . How many basis points is necessary by the end of 2019 . I dont think any is necessary. Lauren okay. I think its sad that we as an economy are depending on the fed to cut rates to get the stock market to go up. If the economys as strong as it is, we shouldnt have a need for a rate cut. Actually, rates can command a much higher price. In the mea meantime, i expect te a 50 basis cut probably in july. I was surprised they didnt cut on wednesday because of what draghi did on tuesday. Theyre being forced down because of whats going on globally and to try and stay in line and keep the dollar weaker so imports and exports work. I dont think they should cut. Economists are ridiculous. Lauren what worries me is if they do cut and we see inflation, visavis oil and gold, what have you, the fed has to hike going into 2020. Thats going to be a political fire storm. But we have to end it there. Todd hou horowitz, im sure youe a lot to say about that. Have a great weekend. Cheryl lets get to breaking news. Want to give you a live look right now. This is philadelphia, fire as you can see lighting up the sky. This is an Energy Refinery and it has gone up in flames overnight. There are reports of several explosions in that area. According to local news reports, this fire began just after 3 00 a. M. Its sunoco refinery. Its unclear if there are any injuries. Well monitor the live pictures for you this morning, bring you any details. Border officials are revealing shocking numbers about the crisis at our southern border. Our operations are now being overwhelmed on a daily basis. Were dealing with a humanitarian pric crisis, this s like no other. Lauren illegals from 52 countries are entering the United States with 100,000 people getting past agents, this year alone. Allison ba barber is live for un washington this morning with pretty powerful testimony coming from capitol hill. Reporter it was a busy day on capitol hill yesterday as it often is between briefings on iran and the release of testimony from a former trump aide, heard from carla provost and she said Border Patrol is over well med on overwhelmed on a daily basis as more and more migrants try cross the southern border. This is like no other crisis that i have seen in my career when it comes to the humanitarian side of the house. I have been forced to divert 40 to 60 of Border Patrols man power away from the border as we process and care for nearly 435,000 families and children that have flooded across our southern border so far this year. Reporter Border Patrol has come under fire for conditions at Detention Centers. A report released earlier this month found egregious violations of detention standards at some detention facilities in the u. S. Including overcrowding and inadequate medical care and food safety issues. Earlier this week, alexandria ocasiocortez compared Detention Centers to concentration camps. Lawmakers were quick to criticize those comments. Ocasiocortez defended them. They say Border Patrol agents are going above and beyond to care for migrants and doing the best they can with limited resources. A 4. 6 billion border supplemental bill was just approved. 2. 9 million will go to the care of migrant children. Its expected to go to a vote next week. Lauren it is the first day of summer. And the longest day of the year. Cheryl meteorologist adam clots is live in the Weather Center with the forecast for the weekend and much more. Were talking about the longest day of the year and were talking about rain. Its been soggy across large portions of the country. Early this morning weve got a big area moving into new england, this is only going to last through the next couple hours. By the time you get into afternoon, finally sunshine for folks who have seen a lot of rain recently. The rain moves into the middle of the country this afternoon. This is an opportunity for Severe Weather across portions of the plains, stretching back into the midwest. This will be a spot to watch where we could see spraps severe thunderstorms fire perhaps severe thunderstorms fire up. Take a look at some of these numbers, triple digits in parts of texas, widespread running up into the middle 90s. This is the longest day of the year. 93 in atlanta 102 in phoenix. This means tomorrow a little bit shorter, sunday even shorter than that. If you blink, its going to be winter before you know it. Lauren no. Adam. Days are getting shorter. Thats what happens. Lauren well take the good news for now. Thank you. Cheryl good news for the month of june for investors. Its been a strong month, all the major averages up 7. 3 or more. The dow is down 30 in the premarket, nasdaq down 18. Still a ahead, you may love your phone but a new report says it may be changing your body. Why you may want to put your phone down. Seriously. And basketball phenomenon Zion Williamson officially headed to the pros. Wait until you see his touching reaction. Keep it here on fbn a. M. More than a feeling. More than a feeling. When i hear that old song, babe. More than a feeling. Of savings and service. Whoa. Travis in it made it. Its amazing. Oh is that traviss app . Its pretty cool, isnt it . Theres two of them. Theyre multiplying. No, guys, its me. See, im real. Im real he thinks hes real. Geico. Over 75 years of savings and service. Csaid alice. D curiouser, the rabbithole went straight on like a tunnel for some way. Ive seen a cat without a gri, but a grin without a cat. Hey, mercedes, end audio. Change lighting to soft blue. The completely reimagined 2020 gle. With Intelligent Voice control and available third row. Your adventure awaits. Visit your local mercedesbenz dealer for exceptional lease and financing offers. Mercedesbenz. The best or nothing. Lauren the Republican Senate has given a rare setback to President Trump. Cheryl Tracee Carrasco has the details. Tracee the senate voted to block the sale of billions of dollars worth of weapons to saudi arabia. The president bypassed Congress Last month in an attempt to push through the 8 billion deal, citing threats to saudi arabia from iran. But in a rare bipartisan act, the Republicanled Senate voted to stop the sale. The president has promised to veto the action. A deal in the healthcare industry, United Health agreed to buy Healthcare Payments firm, equion for 3. 2 billion, according to the wall street journal. They offer Payment Processing services for Healthcare Companies and insurers. Amazon drones could do more than deliver goods. According to the british telegraph, an amazon patent indicates its planning to use its network of drones to monitor customers homes. Customers would have to opt into the system. Amazon said it would remove footage and recordings of any homes that did not opt into the program. This is for taco bell fans, the Fast Food Restaurant announced the launch date for reservations at its Taco Bell Hotel and resort located in palm springs, california. If youre interested, you can go on the Hotels Website next thursday at 10 00 a. M. Pacific time to book a reservation. The reservations will be snapped up in moments. Prices begin at 169 a night. And the hours we spend scrolling through our smartphones appear to be changing our skulls. Studies show some people are developing a weird bony spike just above their necks. The bony skull bump is sometimes so large you can feel it by pressing your fingers on the base of your skull and that is whats happening now. And everyone is pressing their skulls. Cheryl im trying to ive had a lot of neck problems. I was telling the producer, because of my smartphone use. Lauren i have a regular bump. I dont think its a horny. Cheryl i dont think its a horn. Lauren i think ive always had it. Im not sure. Speaking of phones, the founder and ceo of Union Square Hospitality group, danny moore, talked about how apps are affecting your everyday life. I think that were in a period in our lives right now where food as an experience and bringing people together is really an anecdote to a lot of the disconnection that, quite frankly, apps have caused. I think that we are fooled into thinking that because we have a community of followers on instagram and twitter and whatever else you happen to be on, that youre actually connecting with people. The smartphone is rarely used these days as a phone. Texting, email, and i think people crave the more high tech we get, the more touch people really crave. Were looking for businesses to invest in that truly understand that people want the experience of being with people. Lauren you can catch the full interview on maria bartiromos wall street tonight at 8 00 eastern. Cheryl still ahead, theyre not getting tired of winning. The United States breezing past sweden and setting a new record at the womens world cup. Weve got the highlights coming up. Lauren go team usa slam. Cheryl it cheryl its a bae toys today. Toy story 4 hits theaters but will a creepy doll beat them at the box office . Youre watching fbn a. M. We know their rates are good, we know that theyre always going to take care of us. It was an instant savings and i should have changed a long time ago. It was funny because when we would call another insurance company, hey would say oh we cant beat usaa were the webber family. Were the tenneys were the hayles, and were usaa members for life. Get your usaa Auto Insurance quote today. Dear tech, lets talk. You blaze trails. But you have the power to do so much more. Lets not just develop apps, lets develop apps that help save lives. Lets make open Source Software the standard. Lets create new plastics that are highly recyclable. Its going to take input from everyone. So lets do it all, together. Lets expect more from technology. Lets put smart to work. Cheryl its a new era for the nba. Lauren jared max is here with the highlights from the nba draft. Jared big night for the duke player Zion Williamson, now a professional basketball player for the new orleans pelicans. Zion scored more than 22 points a game for duke along with nearly nine rebounds, 68 shooter and ever humble alongside his mom last night and also his first coach. I didnt think i would be in this position. My mom sacrificed a lot for me. I wouldnt be here without my mom. She did everything for me. I just want to thank her. Jared after gli zion was picky new orleans, non morret was taken. Rj barrett was taken by the knicks. Congratulations, rj. A star at gonzaga made history, first japanese player ever taken in the first round went to the washington wizards. Womens world cup soccer, a 30 record for team usa, 130, 30, yesterday they won against sweden, 20. Next up they will play spain. The new york mets fired their pitching and bullpen coach and made phil regan their interim pitching coach. Cheryl. Lauren at 82, you have experience. Jared its a fountain of youth friday. Julia hawkins, 103 years old, julia ran the 50 and 100meter dashes this week and won gold in both at the National Senior games. She runs at just around a clip of around 5 Miles Per Hour and says she wants to inspire others to do this. Just to he know that you can. Cheryl i want to run until im 90. Lauren you have to do 100 now. Jared ne up unbelievable. Cheryl i love that last story. Catch jareds sports reports, fox news headlines, 24 7, sirius xm channel 115. Lauren dont go anywhere. The toys are back in town, with toy story 4. Will an evil doll take them down at the box office . The battle of the toys coming up, right here on fbn a. M. We belong together. We belong together. Lauren raining in new york city, might be a good day to go to the movies. Toy story 4 expected to rule the box office, but will chucky take toy story down . Happy friday. Being a parent out there is difficult, so im told. Heres some free advice for everybody out there. Do not see the wrong doll movie this weekend. Because you have toy story 4, the loveable buzz light year, woody, everything, or you can see chucky from childs play which can turn horrible very quickly for your children out there. Toy story 4 is expected to do up to 140 million. Theyre bringing back all the regular characters, including don ricles will be back. They were able to grab old clips of his voice. Hell be back at mr. Potatohead. On the flip side, you have childs play, which is the remake of the 1988 one, of course that doll that was possessed. Cheryl the creepy doll, i call it. Lauren chucky was under my bed my entire childhood. Thats why you have to make sure you take your kids to the right one. The voice of chucky is actually mark hammell, who is lack sky ly you cawalker. Lauren what does that say about the no, si no no, sir no . Cheryl theres been a lot of articles about the fact that theres a lack of new ideas. Its like they just keep going back in time which is kind of sad that the creativity is kind of lost. With toy story, its been 25 years since the first one came out and its been a decade since toy story 3 came out. Its a new market out there, new kids and everything. Should be fun. Cheryl i hear theres a sad twist on this one, thats all im going to say. Lauren thank you for joining us. Mornings with maria starts right now. Good morning, charles. Charles good morning. Im Charles Payne in for maria bartiromo. The longest day of the year, friday, june 21st. Weve got a lot of top stories for you at 6 00 a. M. Eastern. Iran is on notice. President trump reportedly planned a military strike on iran, then called it off at the last minute. Plus, the faa barring flights from flying over iranian controlled air space. Commodities outlook amid u. S. , iranian tensions, oil prices extended run higher, also that was the largest one day gain of the year. Gold, however, pulling back after hitting its highest levels since 2013. Want to check on equities here, futures searching for direction early. We hit records yesterday. The s p 500, that is. Plus, a massive refinery fire lights up the night sky near philadelphia. Area residents rocked by a series of explosions and fire crews are now on the scene. Flack soars in its wall street debut, what it means for the future of email. Mornings with maria begins right now. Ive got that power, power, power, power. Loving every second. Charles rising tensions with iran, President Trump warning iran through a diplomatic back channel that an attack was imminent but wanted to talk to iranian officials, this cording to reuters according to reuters. The commander in chief reportedly ordered an attack but called the strikes off last night. President trump commenting on the situation from the white house yesterday. Iran made a big mistake. This drone was in international waters, clearly. We have it all documented. Its documented scientifically, not just words. And they made a very bad