Lately. Well, we have. But now you may soon be wearing them. Yeah. It is friday, it is september 20th. Fbn a. M. Starts right now. Rise up this morning. With the rising sun. Three little birds. Are by my doorstep. Singing sweet songs. Of melodies pure and true. Saying this is my message to you. Cheryl welcome to fbn a. M. Good morning. Im cheryl casone. Lauren one of my favorite songs. Good morning. Im lauren simonetti. Cheryl lets take a look at how your money is moving. Weve got green a arrows this morning, dow up 33, s p up 3 and a quarter, nasdaq up 15 andahalf. All eyes on lower level chough trade talks in washington. Lauren within striking distance of record highs for the dow and s p 500. Cheryl tensions with iran and catastrophic flooding in Southeast Texas, two things oil traders will be watching today. Were higher on the contract. Last read, 58, 50. Lauren in asia, the china trade talks continue. The shanghai composite higher by a quarter of 1 . Thats because the pboc cut borrowing costs. We got a warning from a top u. S. Trade advisor, we have the hang seng down fractionally. Cheryl in europe, hope still alive for a negotiated deal between the eu and the britains for now. We have headlines this hour. Lauren Mark Zuckerberg was at the white house and President Trump tweeted this picture last night with this message. Nice meeting with Mark Zuckerberg of facebook in the oval office today. Jared kushner and social media director dan skavino reportedly joined the meeting. Cheryl today, zuckerberg is scheduled to meet with members of the house of representatives. Yesterday he held a r series of meetings with senators. Weve got Hillary Vaughn on cap tool hill with all capitol hill with all the he details. Reporter good morning. Facebooks ceo Mark Zuckerberg made a point to single out his skeptics on capitol hill while getting in face time with some of his biggest critics in congress. Zuckerberg did not take any questions from the press while he was here. He did take questions from lawmakers who drilled into the ceo over privacy concerns and antitrust issues and also potential conservative bias on the platform. Zuckerberg bounced from office to office in the capitol starting the day with senator mike lee and then stopped by senator josh hollys office who told the ceo to his face that to prove his platform isnt rigged against conservatives, he needs to open it up to a Third Party Audit and to also prove that he is not anticompetitive, he needs to sell off some of his most popular apps. The way he can show hes trying to do better is to sell instagram and whats app to submit to an independent Third Party Audit. I think he was taken offguard and he thought that was not a great idea. Reporter zuckerberg met with mark warren and richard blumenthal, who said big tech, particularly facebook, needs to be broken up because its too big. When asked if zuckerberg was able to convince him that breakup would be a bad idea over dinner, he said he still has a long way to go. Well, we had a very serious and positive discussion, even where we differed. And i really welcome the opportunity to sit down with him and try to reach some common ground. Reporter while facebook tries to convince lawmakers theyre not too big, theyre also trying to warm them up to the latest venture, cryptocurrency. A lot of people on capitol hill are not sold on that idea. Lauren and shirl. Cheryl hillary, thank you. A key white house advisor says that President Trump is ready to escalate the trade war with china if a deal isnt reached soon. Michael pillsbury tells the South China Morning Post that existing tariffs could go to, get this, 50 or 100 if the two sides cant come to an agreement. Lauren the Trump Administration exempted hundreds of chinese goods from tariffs. Was it a concession to china . Politico says its aimed at helping u. S. Companies that say theyre being hurt by tariffs. We get the latest from Edward Lawrence in washington. Reporter good morning. The trade talks between the u. S. And china, the deputy level, continues later on today here. These talks will set up the main event which is going to be the heads of the two trade teams, china and the u. S. Meeting facetoface in washington in early october. Commerce secretary wilbur ross says that he believes the chinese delegation has though us something in order to move forward with these trade deals. If they arent prepared to give on anything, were not going to get anywhere. Remember, what we need is to correct the big imbalances, not just the current trade deficit, but also the structural imbalances, the impediments to market access, disrespect for intellectual property, forced technology transfers, so its more complicated than just buying a few more soybeans. Reporter the chinese are calling these preliminary talks. Today, chinese trade sources say the at moss fear changed for them when President Trump decided to delay tariff increases 15 days from october 15th. The sources say the chinese want to talk about how both sides can make a trade deal that is winwin. The chinese did start buying soybean purchasing. Fox business asked the secretary of agriculture sonny purdue if farmers then would need to have help as they have done in the past. This is his answer. Listen. Well, we cant say that obviously everyone would rather have trade. I would love to have a big trade announcement coming and prices recover and there wouldnt be a need for one. The president is prepared if its necessary that he will not let china bully him into a quick deal in order to resolve that. Reporter a smaller part of the chinese delegation has been invited to visit farms in the midwest. Details of the trip are still being worked out but it would extend the chinese visit here. The secretary of agriculture says this is designed to produce some goodwill between the two sides. Back to you. Cheryl edward, thank you very much. President trump and First Lady Melania Trump are welcoming australias Prime Minister and his wife to the white house this morning. Morrison is just the second world leader to be granted the high diplomateic honor of a state visit during the Trump Administration. The two are expected to discuss security and trade, particularly involving china. Both countries have raised concerns about chinas increasing assertiveness especially in the energyrich south china sea. Lauren President Trump is considering whether to send more troops to the middle east as tensions with iran escalate. The head of the u. S. Central command has requested more air defense units in the region following that attack on saudi oil facilities. Irans foreign minister is warning any attack on his country will result in, quote, allout war. Now, while in saudi arabia, u. S. Secretary of state mike pompeo referred to the weekend attack as an act of war. Cheryl former defense secretary and cia director leon pinetta sat down with Maria Bartiromo for an exclusion of ive interview on this topic. With regards to the military option, the problem as we all know is that any time theres a military strike against iran, just based on my own experience as secretary of defense, it was pretty clear that the iranians would respond to that kind of strike by attacking our forces in the h region. So we could see a war. I dont think either the United States or saudi arabia wants to get into another middle eastern war. Cheryl you can watch the full interview, 7 00 a. M. Eastern time on mornings with maria. Dont miss it. Lauren the pain from a uaw strike against General Motors is spreading as the walkout now enters day number five. Navatar says two Assembly Lines will be down next week because there arent enough parts onhand. And gm suppliers are starting to lay off workers. The list includes next year automotive, leer seating and the automotive component carrier. A top Union Official says some progress has been made but many issues need to be resolved. 49,000 workers are on the picket lines in a dispute over wages, healthcare and the use of temporary workers. Cheryl well, there is this is fascinating. Theres a power struggle brewing in israel this morning. Lauren Tracee Carrasco has the details for us. Tracee good morning. Former military general benny gantz is declaring victory over benjamin netanyahu. Election results arent official. Gantz is rejecting netanyahus offer to share power. Gantz i is refusing to work with netanyahu, citing potential corruption charges against him. Final Election Results are expected next week. The black face scandal surrounding canadas Prime Minister keeps growing. Justin trudeau apologized again yesterday after video was released showing trudeau making the makeup. This is the third instance of trudeau in brown or black face to come out since wednesday night. This comes at the same time trudeau is facing a tough reelection campaign. And lexus is making a splash on the water. The luxury auto make rer showing off its new yacht, the ly650. Lexus, partnered with marquee yachts to create the 18horsepower, 65foot boat. It has three lavish state rooms and several multipurpose entertainment and lounge areas. The price starts at 3. 7 million. Thats whats happening now. Cheryl yes, please. Tracee we can pool our money together. Lauren you might be making more money today because the s p 500 within striking distance, 19 points away from a record high. S p futures up 4 andahalf, dow up 31. Record low unemployment, strong consumer spending, all positive. Why is a new poll showing americans are more nervous about the economy and well tell you about a pricey getaway that could make you neighbors with santa claus. Well be right back. Vanilla ice, ice, baby. 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Lauren millions of people around the r world are set to join a global protest today, demanding action on climate change. Its expected to be the biggest climate demonstration ever, inspired by a swedish teenager. Thousands of young people will skip school to attend and in a show of support, new york city Public Schools will excuse all absences of students participating. And this, amazon Ceo Jeff Bezos announcing that the tech company will be Carbon Neutral by the year 2040. Bezos asking other companies to sign the pledge as well. Cheryl. Cheryl americans are growing more concerned about the u. S. Economy. A new fox news poll shows that 48 l feel nervous and that is up from 43 in march. As for the impact of tariffs, 45 of those polled say they hurt the u. S. Economy and 47 say the condition of the economy is excellent or good, thats down from 51 in july. Dominic lavest ll joins us now. Good morning. Weve been talking about its not about how the economy looks from a day a take perspective, its how the consumer feels. We had a tor torid pace of gh in 2018. We had an economy that was growing 3 to 4 . Thats slowed down significantly. The consumer is starting to feel that. Things are slowing down a little bit. But thats a long way from a recession. And i think the consumers a big part of that. Cheryl they also talk about the president and their view of him since he took office and if youre a republican, 50 say things have gotten better. And the market has certainly gotten better. Maybe the trade war is weighing on markets this year but in general with unemployment at record lows it seems to me that the data supports a Strong Economy even though weve got that quarter point rate cut. The unemployment numbers have been really good, fantastic, alltime lows. The consumer actually has more money in their pocket. Saving rates have been fantastic. Consumers have been saving money. Thats the day a at that point. Thats data point. Thats fantastic news. They look at the headlines every day, trade war with china, war in the middle east, political strifes in washington. Cheryl weve been talking about Maria Bartiromos show about this, can you talk yourself into a recession. She asked about this very issue. Listen to what she was told. I dont think so. The u. S. Has roughly 70 , maybe 72 in a consumer economy. Weve got roughly around 11 manufacturing. Manufacturings going down. Theres no doubt about that. Its quite soft. But the consumer has the advantage of full employment, the way we measure it. And so now were Getting Compensation for workers that are going up faster than inflation and thats a good thing for workers. Cheryl hes bullish. Do you agree . Yeah, i do. It would take a lot to turn this economy around. Lets point out maybe the obvious. In the fourth quarter, we had that major correction in the market, the consumer did stop spending. And thats what happened with holiday sales. They really dropped kind of off a cliff towards the end there. So it can happen. If something comes along and frightens the consumer, they will hold on tight to their money, they stop spending, that means somebody else doesnt have a job. That could happen. Cheryl markets are watching all of it. Thank you for being here. Over to you, lauren. Lauren state of emergency in texas, as the state is battered with catastrophic flash flooding. At least two people confirmed death. We could see a spike in the price of oil, right now its up 33cents, 58, 46 a barrel. Cheryl senior meteorologist janice dean has the forecast. Janice 43 inches for i believe jefferson county. That would make it the seventh wettest Tropical Cyclone in the u. S. The fourth wettest for texas. So last 48 hours brought incredible amounts of rain, as i mentioned, over 40 inches of rainfall in Southeast Texas and this just a couple of years after harvey. So this is devastating for them. And it doesnt take a named storm. This storm was just a remnant low. It wasnt p even named and we got 40 inches of rainfall. Additional rainfall, 1 to 3 inches along the coast but the worst of it is over. The damage is done, though. Active tropics, at one point we had six named storms, that ties a record for the amount of storms so close to home here. We are still watching jerry and humberto. The good news is they are moving away from land. Cheryl janice, thank you. Lauren coming up, the new iphone in stores today, why some of you are saying you might want to wait before you buy it. Not so fast, folks. And as networks spend big bucks to revise some of our favorite shows for the streaming networks, more and more people are cutting the cord. Keep it here on fbn a. M. Its a death trap. Its a suicide rap. Weve got to get out while were young. Because tramps like us, baby we were born to run. 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You can be standing in the grand i doncanyon and see people in e ravine up there. The camera is one of the big evidence updates. A little bit of Artificial Intelligence so you can snap great photos. We saw several demos of it, both at the event where they announced the phone and recent press events that ive gotten to go to where theyre showing great color and its just thats what p