The allegations in a new height. Big news from millennials their obsession with avocado toast it is monday it is september 16th fbn am starts right now. Little beetles to start off monday morning everybody welcome to fbn am and good morning im cheryl casone. Happy monday good morning im lauren simonetti. I want to take a look a lot of breaking news overnight it is affecting your money this morning. We are seeing pressure in the futures market on middle east tension what is we with just mention that tao is down 111 s p down 14 nasdaq down 59 remember, though, the fed is meeting this week a very busy week or for markets folks. Paying a look at the yield on tern injury treasury back on friday down to 1. 8 this morning. Well that attack in saudi arabia sending price are of oil surging this morning the contract was up more than 15 last night. Havent seen that since may 21st right now up about 7 and a half last on crude 58 8. Brengt at one point it was up 20 in asia, i do want to point out that nikkei in japan is closed for a holiday but self disappointing Economic Data out of china but hopes there for more stimulus so hank shy composite flat on the day. Hong kong down 8 and protest did turn aggressive. European stocks trading lower and investors digesting as Global Investors that news coming out of the middle east and, of course, that big attack. Smg back here in the u. S. Nearly 50,000ing general motorrers work walk off the jobs first strike at gm in 12 years. Production is expected to stop at 55 facilities around the country. Christina is live for us this morning in arlington, texas with all of the latest christina, good morning. Good morning im at appellant right now that has over roughly 4,000 workers there currently the late shift theyre going to be shifting over their dispersed at 11 different gates right now it seems like theres about 25 people but all around this massive plant and this situation is you have united autoworkers that is demanding three big automakers recognize their workers more specific isly at the moment, the union has extended contracts with fiat as well as ford but more with gm that hasnt been the case theyve let that contract expire. Just before midnight ian time yesterday evening so what are the five things theyre asking for. Fair wanks asking for affable health care which is a very, very contentious issue in this entire discussion because gm wants to put more of the burden on the workers. Theyre asking for larger share of profits job securities and a permanent path for those temporary workers theyre also on the sidelines asking to reopen self across the country like you mention were expecting at least, you know, possibly 46,000 people to join these protest these are 46,000 union members, at over 40 plants across the country. Specifically, though, gm has had responded too they said they have given 7 billion dollars to the u. S. Economy. They have given 54 extra 5400 extra jobs at this arlington location, though, they make all of the large vehicle, all of the large suvs for gm more specifically the chevy. The chevy tahoe as well as the suburban and so issue help to for talking about numbers, the average number of supplies right now so for this actual location is below average. On average their supply for 77 days. But at this location about 57 days. But theyre expected to continue staying out here until, you know, until this get negotiated. If they continue theyll be making about 250 dollars u. S. Per week paid by the union. Back to you guys. Ivelgt theyll resume and live for fox business by the way all day out there. Christina, thank you. Well President Trump says that the u. S. Is ready to respond to the Saudi Oil Field attack and president waiting for verification of who is responsible for the drone strike, the disrupted production. Nearly 6 million crude oil barrels. Aye sha has more for us. Yeah good morning to you lauren and cheryl, the world is watching and waiting to see what happens next. Lets take a look at those satellite images from saudi arabia. This is the oil facility that was attacked on saturday by a drone. Now, this disrupts about 5. 7 Million Barrels crude Oil Production thats 5 of the world daily oil supply. Now yemen iran backed rebels are claiming responsibility for this. But the u. S. Is is accusing iran on sunday, the president tweeting Saudi Arabia Oil supply was attacked. There is reason to believe that we know the culprit are locked and loaded depending on verification but are waiting to hear from the kingdom as to who they believes was the cause of this attack. And under what terms we would proceed. Now iran is denying any involvement in this calling the accusations ridiculous. And some in congress are now calling on the president to not rush to judgment. I think escalation the world would be a big mistake, the anxious is trying to have a negotiated ceasefire peace in yemen and bombing iran wont do that this was a regional conflict but no reason that superpower of the United States needs to be getting into bombing mainland ran. On Fox News Sunday counselor to the president Kellyanne Conway doubling down on the president s tweets. Secretary pompeo made clear that the Iranian Regime is responsible for this attack on civilian areas and infrastructure vital to our Global Energy supply and were not going to stand for that. Now there are, of course, fears of a spike in oil prices, as markets reopen in just a couple of hours. And that is why lauren and cheryl, the president has already authorized the use of oil reserves in texas. Well more on that right now thank you aye sha. President trump did authorize release of ole from the u. S. Strategic petroleum reserve. Spr to keep market supplied and this Morning Energy stangdz ready to relief enough oil tooff set iran attack on the Global Economy and Energy Markets the market is resilient and respond positively but were seeing shortterm spike in the price of crude oil. Also breaking overnight Perdue Pharma has filed for bankruptcy protection 50 days ago oxycontin maker reached a tentative settlement with many state and local governments. Well two dozen states remain opposed or uncommitted to that deal and that does set the stage for contentious legal battle or several battles it means that purdue about will be removed from federal trial scheduled to start next month. And cancer cause chemical found in popular over the counter heartburn medication sudan tax cautionings people the not to panic, however, since it was only found at low levels no recall issued. Agency is advising patient who is take zantac to consider switching to a different medication. Well, u. S. And Afghan Forces striking a major blow to the taliban this weekend. It was deadly. Tracee carrasco here now with the details. Good morning tracee. Rng good morning two senior officials nearly 40 members of the taliban were reportedly killed in a joint air strike from u. S. N Afghan Forces yesterday rioters reporting more are planned heated of the afghan elections on september 28th. This coming after a statement from President Trump on saturday that al qaeda lead was killed by a u. S. Counterterrorism operation in the afghanistan, pakistan region. It is the end of the line for movie pass, the Monthly Subscription service which allowed movie lovers to see one film a day for a discounted price officially closed on saturday. The service which launched in 2011 claim their efforts to keep the service profitable have not been successful. Seen troubles over past two years including reporting that it expose thousands of credit card numbers. In a press release the Company Leaving the door open saying it doesnt it know if or had when it will return. A chicago federal agent has been indicted on 12 count of wire fraughted after rigging delta sky miles point system. Federal Authorities Say janadi used his position at vega travel services to net himself 42 million delta sky bonus point worth about 1. 75 million and he allegedly booked points registered in the name of a fertility clinic owned by relative of the travel services president. He also signed sky bonus points to other customer unrelated to the clinic. And the lead singer of the new wave rock banding the cars has died it at the age of 75. Rick was found dead in his apartment in new york city yesterday afternoon apparently of Natural Causes estrange wife reportedly pounds singer unresponsive in 1978 car shot to fame with their selftitled hit album which included hit my best friends girl and just what i need and inducted into the rockandroll hall of fame last year and that is whats happening now. Wow. Tracee, thank you. Thank you. All right we will lets take a look at futures this morning. We have got a selloff on this monday, all of the, of course, after a saudi oil attack many believe it was iran as you can see the dow is down 11 is right now s p is down 13. 5 nasdaq down 55 and quarter oil is jumping as equities are falling in the premarket. Now iran accused of launching that attack on his oil field, the country, though, is accusing the u. S. Accusing us of maximum defeat as warning that military is, quote, locked and loaded. Conflict pin evitable. Were going to talk about and General Motors hit with a first union strike in 12 year withs will the automaker be brought to its kneeses . That story going to be developing all day right here on fox business. At synchrony, were changing whats possible. For instance, we know how your customers shop. And what theyve already purchased. Like this lamp. And we use those insights to show you what they might consider buying next. Midcentury modern, nice. That way, you can keep sending them offers for the perfect products. And that keeps them coming back. Hows that for changing whats possible . Like very high triglycerides, can be tough. You diet. Exercise. But if youre also taking fish oil supplements, you should know, they are not fdaapproved, they may have saturated fat and may even raise bad cholesterol. To treat very high triglycerides, discover the science of prescription vascepa. Proven in multiple clinical trials, vascepa, along with diet, is the only prescription epa treatment, approved by the fda to lower very high triglycerides by 33 , without raising bad cholesterol. Look. Its clear. Theres only one prescription epa vascepa. Vascepa is not right for everyone. Do not take vascepa if you are allergic to icosapent ethyl or any inactive ingredient in vascepa. Tell your doctor if you are allergic to fish or shellfish, have liver problems or other medical conditions and about any medications you take, especially those that may affect blood clotting. 2. 3 of patients reported joint pain. Ask your doctor about vascepa. Prescription power. Proven to work. Im working to treat every car like i treat mine. Adp helps airtech automotive streamline payroll and hr, so welby torres can achieve what hes working for. Should always be working harder. Thats why your cash automatically goes into a Money Market Fund when you open a new account. Just another reminder of the value youll find at fidelity. Open an account today. Tension spiking after attacks on dee oil fields the president tweeting this Saudi Arabia Oil supply was attacked theres reason to believe that webb the culprit locked and loaded extend on verification but waiting to hear from kingdom who they believe was the cause of this attention and whawrngd term we could proceed. Retired army hes the senior fellow military expert for defense priorities , good morning. Good morning lauren how are you . Two biggest questions this is morning who and how are the questions surrounding this attack was it a drone was a Cruise Missile was it iran or the rebels . I think the bigst question is what should United States to and at the core of this this was an issue between saudi arabia in iran. This was the century old dispute between and expansion of the proxy war between the two in yemen and no u. S. National security interest involved here in the Energy System itself is very flexible and fluid and we can respond to this and we do not need to be acting basically as sod dee Defense Force to respond for them and anyone will respond it needs to be saudi arabia. So what is the response, though, obviously, you would be again with senator graham has had prpgzed perhaps attacking oil fields in iran. But liz is saying Something Else shes saying well you have the unga general asemillably coming up and why dont you deny visa toes the yiet . Certainly anything thats not military something we can look at because we have an interest in having this situation resolved because it is not good for anybody for the Global Energy supply to be put at a reask like this. But the fact is, our arm forces are not designed to help some other country that fought their battle and it is only attacked and were definitely not attacked so it is not appropriate to use our arm forces. Got. Based on what, you know, looking at the satellite image of all of this do you think this is too sophisticated of an attack for the rebels or do you think this was iran . It is entirely possible. But it could be either one of them buzz you know a lot of people have been going into more Drone Technology getting more sophisticated but it could absolutely be iran. But this is all of the more reason why we need to put diplomat pick pressure on both parties to get this resolved in yemen because it could spill l over and cause a war that could involve all kinds of other people and you think the price of oil was spiked today it nothg compared to what would happen if we get in a conflict there. Good point kernel davis thank you for joinings. Were keeping an eye on futures this morning middle east tensions from saudis possibly iran, obviously, whats happening here and watching oil. Were seeing oil jump and markets fall. Dow is down 114 on the premarket is down 1, and three quarters nasdaq is down 58 and a quarter. Also coming up, new allegations released against Supreme CourtJustice Brett kavanaugh. And some of the dems are demanding impeachment but could an update is from New York Timeses change everything . And chevy promise to keep cost down on new corvette. Well cost down thats kind of a oxy moron and explain when we come back on fbn am. I mean, if you havent thought about switching to geico, frankly, youre missing out. Uh. The mobile app makes it easy to manage your policy, even way out here. Your marshmallows. Get digital id cards, emergency roadside service, even file a. Whoa. Whoa. Whoa. Whoa. Whoa. Whoa oops, that cheeky little thing got away from me. My bad. Geico. Its easy to manage your policy whenever, wherever. Can i trouble you for another marshmallow . 2,000 fence posts. 900 acres. 48 bales. All before lunch, which we caught last saturday. We earn our scars. We wear our work ethic. We work until the works done. And when it is, a few hours of shuteye to rest up for tomorrow, the day well finally get something done. ive been a caregiver for 20 years. No two patients are the same. Predicting the next step for them can be challenging. Today were using the ibm cloud to run new analytics tools that help us better predict and plan a patients recovery. Ultimately, its helping thousands of patients return home. Talks will resume this morning between striking autoworkers anden General Motors depending how long this goes it could cost money was millions of dollars and backout is cool as gm is trying to cut cost ahead of expected downturn in u. S. Car industry overall and turn to lauren good morning, lauren. We want to let our viewers know we did get a statement from General Motors i thought it was that they issue a full statement what about they put on the table for the uaw but create 5400 jobs a the over 7 billion investment add to worker pay, add to Health Care Benefit go through the details there and then also had you to figure out what to do with idle plan in michigan and ohio. Who has got leverage here . Right. Thats a big offer. I mean, gm didnt shut down, talk about putting electric trucks there and using ham facility outside of detroit for building suvs. So they are trying to work with that. I think part of the problem is when the shutdown lord town plant said they were going to start produce some product in china i think theyll put a target on marie bar back unfortunately shes doing best she can running very Large Company on a global basis. But running up against the union like this, they typically pick one particular brand and tend to go after it and gm was this years or in this case this time because this contract is four years old. True, though, what theyre doing is going after gm first because theyre frankly in best health financially ahead of ford and this seem like biggest, you know, fish to go after frankly to try to get a good deal. True but ford and fca like theyre ready to sign their dealing and close to sealing it. This is a big issue wh you shut down plant and put people out of jobs and when having two plangts shutting down that was a big issue and youre right a lot of profits to be the one theyre going target. What do you make of the controversy thats vowpgding uaw itself right now . Youve got this, obviously, the documents have been released by now finding out that president gary jones is official a, and in in corruption probe this is a federal probe, and some of the things that in the Associated Press reports somewhat damming you know using money for trips. For homes, personal use, union money, and we dont know where this is going to go but that has to anchor rank and file who are now not going to work this morn