Lawrence in washington, d. C. , with the latest on trade, Jackie Deangelis live in the newsroom following the amazon probe. Gerri, lets start with you. Reporter what a day in the markets here, anniversary of 9 11, everybody talking about it, the markets going to the sky. Dow up nearly a full percentage point. Russell up 2 . Were finishing at the highs of the day. The dow of course, the longest winning streak in three months. The dow driven by boeing and apple. Lets talk about apple for a second. You said the market cap of that stock, a trillion dollars. Very good news for apple shareholders. This is the first time in 10 months they hit this level. It was that big announcement yesterday about the three new iphones. 699 for one of those iphones. Apple watch, ipad, apple tv. Pretty much yesterday melissa said we would buy one of the iphones. Maybe why the stock is up. Good news for them, apple tv subscription, 4. 99 a month. Purdue pharma agreeing to a tentative settlement over the Opioid Crisis and opioid, this could rank among largest in Pharma Industry ever. The second biggest would be merck. The settlement 12 billion, said to be 12 billion, settling with 2000, 2000 local governments. A very big deal there. 23 states in the Opioid Crisis. Merck was the last big deal, 4. 85 billion. 2007, doesnt even compare with this particular settlement. I will send it back to you. Connell gerri, thank you. In addition to everything gerri mentioned President Trump right out of the gate taking aim at the fed again, with a tweet that reads the Federal Reserve should get our Interest Rates down to zero or less. We should start to refinance our debt. Interest costs could be brought way down while at the same time substantially lengthening the term. President says we have great currency power and balance sheet. The usa should always be paying the lowest rate. No inflation. Only naivete of jay powell and Federal Reserve doesnt allow us to do what other countries already doing. Once in a lifetime opportunity that we are missing because of boneheads. Melissa i think naivete was auto correct. I dont know how to make the symbols. I dont know how to make the symbols, Jonathan Hoenig joins us, no naivete. The host of the bubba trading show host if anything, nothing naivete. Not just another attack at Federal Reserve, should we hope for zero Interest Rates or negative Interest Rates . Connell, not historically. Negative Interest Rates are sign of skiddishness, very moribund economy. The economies the president seems to emulate or want to emulate are very, very weak economy. Look at europes, extraordinarily weak. Japan has had flat for negative Interest Rates for better part of 20 years. Hasnt helped those economies, hasnt helped economy at all. The u. S. Debt is not like personal or home mortgage. You cant refinance at a lower rate. This is continuing trend with attacks at Federal Reserve which questions its very independence and doesnt do anything to stop profligate spending which is the problem. Connell short term, other things going on, todd, sometimes short term of lower rates, whatever the reason could help certainly stocks. We saw a beautiful rally in the stock market today but to jonathans point, the whole idea of refinancing our government debt, is that a thing . What do you say to that . I dont know if we have high enough credit score to refinance our debt. I think that could be a problem. At the end of the day, the whole thing, if President Trump wants to fix things and end the fed. We wont worry about Interest Rates. Let the free markets decide what the rates should be. That is the cleanest, purest way to do anything, if you let free markets they will tell you what Interest Rates should be. They shouldnt be at zero. I understand his logic, what is going on around the world and carry spreads going back and forth f we let free market decide they wont be zero i promise you. They will be higher than they are today. Plenty of high rate lenders putting out loans. Melissa talking about a real estate guy. That simple. Federal trade commission is looking at amazons marketplace to try to determine if the ecommerce giant is hurting competition. Fox businesss Jackie Deangelis live in the newsroom with the latest. Good afternoon to you, melissa. The latest target of antitrust investigations is amazon but it is at a federal level and that is a very important distinction because we heard about the foundation being laid for antitrust probes of big tech at the state level as well. Theyre both happening at the same time. The latest questions asked by the ftc, the federal trade commission is amazon using its position its power, its influence to stifle competition . Specifically what theyre trying to figure out how much revenue on a percentage basis sellers get from amazon when to other ecommerce sites. If theyre compared that the influence amazon has get results from the bulk of sellers then they could argue there isnt fair marketplace. They have been reaching out to sellers, interviewstyle meetings. The kind of questions being asked besides basic sales figures like we discussed, amazon asking sellers that work with them, it is respect to pricing, sourcing that kind of thing. The ftc declined to comment to fox business. Amazon didnt comment on this story specifically but referred our reporter to previous statements that the company made on the issue. Amazons stock today trading higher by 2 bucks. Back to you. Jackie, thank you for that. Jonathan, todd are back. Jonathan i know youre with me a free market purist. I have to wonder i mean, so a monopoly is supposed to be about the consumer is getting hurt either with higher prices or fewer options. Do you feel that way about amazon . No. Certainly not the case when it comes to amazon. In fact this is a real negative. Talk about previously, melissa from the investors perspective. This is negative sign for amazon and big tech writ large. Look what happened to microsoft once the antitrust case happened in the late 1990s. That stock was dead money for 15 years. Even worse a government minder installed at amazon that stifled credibility. Melissa microsoft. Microsoft stifled credibility this is obviously not a monopoly. This is a government shake down and makes the big tech sector almost uninvestable right now. No wonder you see value stocks rally an momentum stocks including tex sell off on this news. Melissa jonathan made me want to cry there. One of the biggest differences well, with microsoft you were really held hostage to their platform t wasnt always clear the products they were giving you was best for the consumer or particularly cost sensitive. With amazon, my goodness, i mean i can buy absolutely anything, i have total Price Transparency as the consumer. The two things to me arent similar even though he is right, this is terrible sign for tech. What is your take . Its a terrible sign and lets just think about how many people amazon actually employs. Melissa yeah. Not only employs how many Small Businesses they have selling their products through amazon. Melissa amen. Are you kidding me . This is our Big Government at work. This is of course what Elizabeth Warrens everybody want in the world, they want to destroy the free market system, capitalist system because were better than you. Were making more money. Look again theyre employing hundreds of thousands of little Small Businesses through their search and platform. Why do we want to stop that . I will never figure it out. That is what is going on right now. Connell next up, inch by inch. The u. S. And china signaling they may be getting closer to a trade deal. Depends how you read the old tea leaves which Edward Lawrence is expert in. What is the latest, edward . Positive talk out of china for sure. Also suspension of tariffs on 16 imports from the u. S. On one year. These are items china cannot make or get from another country. President donald trump reading this a different way. I think they did the right thing. I think it was good for them. They took them off. I think it was a gesture. Okay . It was a big move. People were shocked. I wasnt shocked. Reporter a gesture. What is significant today what the number two man in the Chinese Government said at a business delegation meeting in beijing. The chinese premier says that he thinks a trade deal can be reached. Translator china is the largest developing country in the world and the u. S. Is the largest developed country. We share wide, common interests. I believe we have the wisdom to find a solution acceptable to both. Reporter still mo mention if the chinese will put back any concessions that u. S. Trade representative Robert Lighthizer says they deleted out of the agreement. A former white house policy advisor says this is not a sprint though. You saw some positive signals from china this week. But were still a long way from a deal at this point. We really havent talked about the core structural issues for a while. Reporter the meat of those talks will happen in early october when the head of the chinese delegation comes here to washington. They might get into what is coming back into that deal. Connell Edward Lawrence in washington for us. A potential shakeup overseas with the Hong Kong Stock Exchange proposing a 36 billiondollar takeover of the london Stock Exchange. Jonathan, todd, are back. Any chance these reports are true, todd, this comes off the ground . Weve done a million stories about the chinese in general, hong kong a territory controlled by china, having access to quote, unquote sensitive information. Talking about a Stock Exchange in london, is this for real, what do you think . Everything is real. Everything is for sale as weve seen. Our own u. S. Exchanges start to consolidate to many less exchanges. Can it get done . I would find it hard to believe to get through all the regulations, all the hoops you have to jump through it get there. If it is publiclytraded venue it has an opportunity to be taken over. I would find i had hard to believe it could be done but if there is enough money, one thing we remember, people like the money. Nothing bothers them when it comes to cash. Connell the other part, jonathan, i would say you have two cities that have their issues. You could make the argument theyre still fighting to maintain their status as bigtime financial centers, with protests happening of course in hong kong, london dealing with brexit. What is your take on this proposal . These are publiclytraded companies. They have obligations to shareholders. There is consolidation going on. We 20 plus, very large global Stock Exchanges. Considering these are electronic platforms, there is tremendous efficiency, consistency and more liquidity comes with the conglomerating them this is natural consolidation. It should occur, connell. The only thing standing in the way is regulation and nationalism. The sense london cant be somehow owned by hong kongers. Well see those types of obstacles. I suspect in fact you see a higher bid. You might see american exchange, cme, i have no inside knowledge, you could see competing bid come in with higher bid for london before it is over. Connell as President Trump says well see what happens. Jonathan, todd, good to see you both. Thanks for coming on. Melissa cracking down on ecigarettes. President trump meeting with the health and Human Services secretary to tackle the vaping crisis across the u. S. Were live at the white house with the latest. Connell a wisconsin man accused of making counter fight vaping cartridges appeared in court. What Authorities Say were behind the dangerous operation and possible ties to illnesses. Were live with that story coming up. Melissa radical shift on 2020 stage. Elizabeth warren doubling down on the call to eliminate the Electoral College. Why the move could backfire on battleground states. Thats coming up. Its just not right. But with sofi, you can get your credit cards right by consolidating your Credit Card Debt into one monthly payment. You can get your Interest Rate right by locking in a fixed low rate today. And you can get your money right. With sofi. Check your rate in 2 minutes or less. Get a nofee personal loan up to 100k. 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Ask your doctor about trulicity. At comcast, we didnt build the nations largest gigspeed network just to make businesses run faster. We built it to help them go beyond. Because beyond risk. Welcome to the neighborhood, guys. There is reward. Beyond work and life. Who else could he be . There is the moment. Beyond technology. There is human ingenuity. Every day, comcast business is helping businesses go beyond the expected, to do the extraordinary. Take your business beyond. Melissa taking action. President trump announcing today his administration will crack down on the growing ecigarette epidemic after a sixth person dies in the u. S. From a vapingrelated illness. Blake burman is at the white house with the details. Blake . Reporter this comes from the health and Human Services department along with the food and Drug Administration that says they will shortly issue guidance that gets flavored ecigarette products out of the marketplace. It is important to note here, this wont be immediate, as the official regulation needs to come about with a 30day waiting period likely to come after that but the decision of the fda with the backing of the President Trump and the first lady comes as new data shows a surge of ecigarette use by kids. Vaping has become a very big business as i understand it, like a giant business in a very short period of time but we cant allow people to get sick and we cant have our youth be so affected. Reporter tobaccoflavored ecigarette products will not have to be yanked from stores and online outlets but the health and Human Services secretary alex azar says those products will need to receive fda approval by may of next year. He suggests that those products could potentially have some benefits to adults. Tobacco flavored ecigarettes are not a major source of youth utilization at this point. We do have eight million adults using ecigarettes. There is actually some Public Health need for nicotine, alternative nicotine delivery devices to be available for adults to get off combustible tobacco. Reporter the American Vaping Association pushed back on the future actions saying in a statement, quote, in the history of the United States prohibition hasnt worked. It didnt work with alcohol. It hasnt worked with marijuana. It wont work with ecigarettes. That is their stance in light of this announcement from hhs and the fda. Melissa a lot more Research Needs to be done, blake. Thank you. Connell here to talk to us today a doctor who talked to us about this topic in the past. Dr. Janet, good to see you. Now that we have a move the white house is pushing forward as blake stands which could be a ban on e playered cigarettes, do you think that is necessary what youve seen in your practice . Purpose of this is to help protect children from being hospitalized. I have patients myself come in with severe chest pain, difficulty breathing, cough, wheezing. We had to put them on steroids, we have to give them breathing treatments. Some patientsir collapse lungs had collapsed. Theyre attracted to watermelon and candy. This is to protect children. We have to find a balance because ecigarettes are used by cigarette smokers to help them quick smoking. The ultimate goal is to protect our children. Connell would you be concerned if the ban goes in place and a further crackdown on ecigarette use more people turn back to traditional cigarettes or try traditional cigarettes when they havent in the past when these arent available . Okay. Not necessarily. Regular cigarettes right now, if were really using ecigs as a means to quit smoking i dont know of any cigarettes that have flavors in them such as watermelon or cotton candy. If you go from regular flavored cigarettes to tobacco flavored ecigs, they leave tobacco flavor, going from one flavor to the same flavor. We have to look at the big picture. It is the Young Children, groups from middle school, high school, up until age 25, 35. These are the ones were seeing hospitalized. Teen vaping has become an epidemic. We have millions of children who