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Transcripts For FBC Mornings With Maria Bartiromo 20240712 :
Transcripts For FBC Mornings With Maria Bartiromo 20240712 :
FBC Mornings With Maria Bartiromo July 12, 2024
Well also hear from thom tillis, rick gates and arkansas senator tom cotton. Markets this morning look like this. Futures indicating this morning a decline at the start of trading. The dow industrials down right now 276 points, the nasdaq down almost 201, as you see, and the s p lower by 38. Markets finished near session lows wednesday on fading stimulus hopes of. Earnings season meanwhile rolling on. This morning we hear from walgreens,
Morgan Stanley
and
Charles Schwab
among others. All the numbers as soon as they hit the tape this morning. The nfl is back in business, you can watch the biggest games on fox, fox nfl lead analyst and three time hall of
Famer Troy Aikman
is here previewing whats next for the super bowl and beyond. Mornings with maria is live right now. European markets this morning look like this. Weve got a negative showing there as well. The fq100 down 133, the cac down 107 and dax index lower by 363. This as we learned covid cases in europe have surpassed those in the
United States
now. In asia this morning, red across the board overnight. Take a look at the numbers there, worst performer hong kong, hang seng index down better than 2 . The senate home lapped
Security Committee
homeland
Security Committee
launched an investigation after a bombshell report on
Hunter Bidens
emails. President trump is demanding answers from joe biden about what he knew about his sons business dealings in ukraine. We just learned through explosive documents published by a very fine newspaper, the
New York Post
, that joe biden has been blatantly lying about his involvement in his sons corrupt business dealings. And this is a big smoking gun. Maria well, the emails show hunter biden being asked whether he could use his influence to help stop politically motivated actions against the company. Another email shows burisma advisors thanking him for, quote, giving them an opportunity to meet his father and spend time together, all this discovered by the owner of a
Computer Repair
shop in delaware who said hunter biden brought his computer in for service back in 2019 and never picked it up. Is there any thought in your mind that this might not have been hunters and might have been someone trying to set center up. No. No. Maria the
Biden Campaign
denies any wrongdoing here, saying the post never reached out to the campaign. Backlash overnight after social media censored the story. The posts twitter account was shut down. Users including
Kayleigh Mcenany
were locked out of their accounts as well after trying to share the story. Twitter does not want the story distributed. Ceo jack dorsey apologized for the block, saying in part blocking url sharing via tweet or dm, direct messaging with zero context as to why were blocking, unacceptable. Dueling debates tonight, donald trump and joe biden will take the stage for separate townhall forums. Both begin tonight at 8 00 p. M. Eastern with the president on nbc and a former
Vice President
on abc. The president initially pulled out of the seconder debate after it was moved to a virtual format. Another debate is scheduled for october 22nd. Treasury secretary
Steven Mnuchin
and
House Speaker
nancy pelosi will resume
Coronavirus Relief
talks today. President trump tweeting overnight, quote, nancy pelosi couldnt care less about the
American People
or the
Great American
worker. She should yo approve needed stimulus now. Most other dems agree. Republicans ready to go. I am ready to sign, writes the president. Mnuchin says it will be difficult to get a deal done even though theres 300 billion from the first package that remains unspent and could be used to provide immediate relief. And the final day of testimony from judge
Amy Coney Barrett
in her
Supreme Court
confirmation hearing this morning. Yesterday she took questions on a range of topics including abortion, the
Affordable Care
act, and her interpretation of
First Amendment
rights. Republicans are optimistic over her confirmation with
Top Committee
leaders say they have the votes. The hearings final day set for later this morning with testimony from outside witnesses,
Lindsey Graham
told us on sunday he expects her to be confirmed the tuesday before the election. Investors are eyeing markets amid a busy week of
Quarterly Earnings
this morning,
Morgan Stanley
and walgreens are coming out this morning. Futures are lower. The dow industrials down 264 points. The nasdaqs down 193 and the s p lower by 36. The major averages erasing earlier gains yesterday after treasury secretary
Steven Mnuchin
cast doubt on getting a new relief package passed before the election. The dow was down 165, nasdaq was lower by 95, s p was lower by 23 at 4 00 on wall street. Joining me right now is dominic tavella. Also joining the conversation all morning is fox of business
Dagen Mcdowell
, republican strategist, joseph pinion. Great to see everybody this morning. Happy thursday to you. Dominic, let me kick it off with you here. What are you expecting in terms of driving this market. Why such weakness at the beginning of earnings period, yesterday down in the triple digits and were looking at a decline now of 265 points on the dow. So weve had a very nice bounce off of the september lows and the market basically recovered pretty much what we had lost during september. But i think now the markets are really starting to focus on two things, this virus that simply will not go away and obviously is getting worse on a daytoday basis and the second thing is at least the possibility of a blue wave coming in the election and if that were to happen, what does that really mean from an
Economic Perspective
. Global
Economic Perspective
. Those two things are starting to worry people and i think people in general, investors in general are trying to get defensive and prepare for it. Maria so what do you want to do now going into the election . Do you sit on the sidelines, sit on cash until we know what policies are going to drive did day . Or do you buy into some of this weakness . Well, i think in the short run you look at your winners. I mean, if youve owned some of these
Large Company
tech stocks, if youve owned healthcare yeartodate, youve done very, very well. And with the prospect at least that you could have a higher
Capital Gains
rate next year, why not harvest some profit, raise cash a little bit. Were sitting with about 10 of cash. I dont want to go into the election with anything less than 10 cash. If we get volatility after the election, that would be i think a great buying opportunity. But you have to at least contemplate that we could be looking at higher taxes next year, that regulatory events are going to be much, much stricter next year, that we could be looking at environmental and
Energy Impact
with a
Different Administration
in washington. So these are real important issues that you have to start focusing on now. You cannot wait until january to do that kind of work. Maria yeah. Ive been looking at the
Capital Gains
tax and the fact that youre going to see that
Capital Gains
tax go from 23 all the way you up to 39. 6 would indicate to me that thats going to be the thinking after the election, if investors are sitting on a lot of gains theyre going to say im going to realize those gains now while i can get a 23 tax rate, rather than 39. 6 next year. In that vein, if joe biden wins do you believe well see a market selloff after election day. Thats what scares me, maria, is are people going to wait until after the election and then make those decisions, we could have a 10 pullback just in that contemplation. So why not harvest some profits now before the results of the election are there and then you can always buy back in. Theres never anything wrong with harvesting some profit. So weve had some good winners in our portfolios. Its time to put that money on the sidelines and be prepared. I think were going to have a pullback. I dont think its going to be dramatic. I think 10 is reasonable and i think that does give us a buying opportunity for next year. But you dont wait until after the storm hits to start boarding up your house. You do it ahead of time. Maria understood. Dominic, good good to see you ts morning. The morning mover, alcoa, selling off in the premarket after reporting
Quarterly Earnings
after the bell last night. Alcoa said its expecting a decline in yo aluminum business, theres possible restructuring charges of 30 to 40 million in the
Fourth Quarter
. The ceo said chinas question dr raw aluminum has snapped back as the country sees an industrial rebound. Were just
Getting Started
this morning. Coming up, potential wrong doing in the biden family, former new york city mayor
Rudy Giuliani
will talk about the corruption report surrounding hunter biden cashing in on his fathers position. Next hour, the word on wall street coming up. Confirming judge
Amy Coney Barrett
,
North Carolina
senator thom tillis is here talking about the odds of of of getting judge barrett officially confirmed onto the bench. Then rick gates on his new book and experience being investigated by special counsel robert mueller. In the 8 00 a. M. Hour, arkansas senator tom cotton is here on the hunter biden report. What will this mean for
Tech Companies
. And nfl hall of famer, troy aikman joins us on the leagues upcoming games. Dont miss a moment of out. Youre watching mornings with maria live on fox business. Were helping change the future of
Heart Failure
. Understanding how to talk to your doctor about
Treatment Options
is key. Today, we are redefining how we do things. We find new ways of speaking, so youre never out of touch. Its seeing someones face that comforts us, no matter where. When those around us know us, they can show us just how much they care. The first steps of checking in. The smallest moments can end up being everything. Theres resources that can inform us, and that spark can make a difference. When we use it to improve things, then that change can last within us. When we understand whats possible, we wont settle for less. The best thing we can be is striving to be at our best. Managing
Heart Failure
starts now with understanding. Call today or go online to understandhf. Com for a free hf handbook. Cabefore money, peoplee tools, cattle, grain, even shells represented value. Then currency came along. They made it out of copper, gold, silver, wampum. Soon people decided to put all that value into a piece of paper, then proceeded to wave goodbye to value, printing unlimited amounts of money as they passed the buck to the future. Thats why its time for
Digital Currency
and your investment in the grayscale funds. Go digital. Go grayscale. Maria welcome back. Bombshell new emails released, the
New York Post
object of containing emails that reveal hunter biden introduced his father, then
Vice President
joe biden, to a
Top Executive
at burisma prior to the vp pressuring officials there to fire a prosecutor who was investigating the company. The
Biden Campaign
is denying the reporting, saying the schedule log shows no meeting took place at the time. President trump speaking out in iowa yesterday about this scandal. Vice
President Biden
, you owe the people of america an apology because it turns out you are a corrupt politician. Okay . Joe biden
Must Immediately
release all emails, meetings, phone calls, transcripts and records related to his involvement in his familys business dealings, influence around the world, including china aroun and including russi. Including russia. Maria meanwhile, big
Tech Companies
are under fire for censoring the story. Twitter locked out
White House Press
secretary
Kayleigh Mcenany
from her personal twitter account after she shared the
New York Post
story. Facebook is also of censoring it, they will not distribute this story. Joining me right yo now, former federal prosecutor, robert ray is here. Good to see you this morning. Thanks very much for joining me. What do you make of this story. Is there criminality here . Its hard to know at this point, although from the story in the
New York Post
, we do know the fbi took an interest in this and apparently took possession of the laptop and the hard drive that apparently belonged to hunter biden. And did so sometime at the end of 2019 and when asked about it the fbi referred comment to the u. S. Attorneys office for the district of delaware. So and they declined to comment one way or another about confirming the existence or nonexistence of an investigation. So it was significant enough that it he attracted the attention of
Law Enforcement
which means that obviously somebody looked into it but we dont know what the status of that investigation, if there is one, and whether thats ongoing or not. As to criminality, i mean, you know, the first issue here is that its obvious now that
Vice President
biden was not telling the truth. He actually did apparently meet with a burisma, an official with that company and hunter biden was obviously involved in setting that up while he was on the payroll for burisma. So the question naturally arises, if the
Vice President
wasnt telling the truth about that, what else is he not telling the truth about. Within a years time, we also know that the
Vice President
was leading the effort to have the prosecutor in charge removed, who has since indicated that one of the things that he intended to do was to investigate this company and
Hunter Bidens
role. So theres a lot of questions that are out there. But the opener here from this laptop and the emails contained on the laptop is that there was involvement, that what hunter biden was hired to do, which everybody suspected but now has been confirmed, was the to use his influence and with the
Vice President
and the
Vice President
actually did meet with an official at that company. Maria i mean, its just extraordinary to me because earlier this year there was an impeachment trial against
President Trump
and there were actually no articles there wasnt any criminality. They impeached him even though there wasnt a crime and this whole trial was talking about ukraine and what the president said to the ukrainian leadership on a phone call and no comment whatsoever about the fact that joe bidens son was on the board of burisma, that obviously there was conversation around this. Now we get the smoking gun emails and facebook censors it, twitter censors it. I tweeted out yesterday, robert, where are we, communist china . I mean, whats going on . That social
Media Companies
have decided that theyve chosen a side and theyre not going to put a spotlight on any wrongdoing. Obviously, it you appear appeart hunter biden was trying to cash in on his father being
Vice President
and he was getting paid 5 o 5 50,000 a month. Well look for criminality. But as far as wrongdoing, inappropriate behavior, making 50,000 a month from a
Government Company
in ukraine and then an impeachment trial against his opponent. Its just extraordinary to me. Well, me too. I mean, look, theres no question, theres a scunge here skunk here and after all this is involving a candidate for the presidency of the
United States
who has the democratic nomination and were three weeks away from an election. You know, i would be looking at, for example, whether or not and the president is right to say this. Look, we know the dates now. This was you apparently april of of 2015. You know, what does the
Vice President
s email show that reflects whether or not this meeting took place and what he knew about it and what was discussed and you would be wondering about whether or not theres a violation of either the federal gratuity statute or the federal bribery statute which prohibits a public official, he was the
Vice President
of the
United States
, for receiving things of value because of official acts he could take, among others, to get the
Morgan Stanley<\/a> and
Charles Schwab<\/a> among others. All the numbers as soon as they hit the tape this morning. The nfl is back in business, you can watch the biggest games on fox, fox nfl lead analyst and three time hall of
Famer Troy Aikman<\/a> is here previewing whats next for the super bowl and beyond. Mornings with maria is live right now. European markets this morning look like this. Weve got a negative showing there as well. The fq100 down 133, the cac down 107 and dax index lower by 363. This as we learned covid cases in europe have surpassed those in the
United States<\/a> now. In asia this morning, red across the board overnight. Take a look at the numbers there, worst performer hong kong, hang seng index down better than 2 . The senate home lapped
Security Committee<\/a> homeland
Security Committee<\/a> launched an investigation after a bombshell report on
Hunter Bidens<\/a> emails. President trump is demanding answers from joe biden about what he knew about his sons business dealings in ukraine. We just learned through explosive documents published by a very fine newspaper, the
New York Post<\/a>, that joe biden has been blatantly lying about his involvement in his sons corrupt business dealings. And this is a big smoking gun. Maria well, the emails show hunter biden being asked whether he could use his influence to help stop politically motivated actions against the company. Another email shows burisma advisors thanking him for, quote, giving them an opportunity to meet his father and spend time together, all this discovered by the owner of a
Computer Repair<\/a> shop in delaware who said hunter biden brought his computer in for service back in 2019 and never picked it up. Is there any thought in your mind that this might not have been hunters and might have been someone trying to set center up. No. No. Maria the
Biden Campaign<\/a> denies any wrongdoing here, saying the post never reached out to the campaign. Backlash overnight after social media censored the story. The posts twitter account was shut down. Users including
Kayleigh Mcenany<\/a> were locked out of their accounts as well after trying to share the story. Twitter does not want the story distributed. Ceo jack dorsey apologized for the block, saying in part blocking url sharing via tweet or dm, direct messaging with zero context as to why were blocking, unacceptable. Dueling debates tonight, donald trump and joe biden will take the stage for separate townhall forums. Both begin tonight at 8 00 p. M. Eastern with the president on nbc and a former
Vice President<\/a> on abc. The president initially pulled out of the seconder debate after it was moved to a virtual format. Another debate is scheduled for october 22nd. Treasury secretary
Steven Mnuchin<\/a> and
House Speaker<\/a> nancy pelosi will resume
Coronavirus Relief<\/a> talks today. President trump tweeting overnight, quote, nancy pelosi couldnt care less about the
American People<\/a> or the
Great American<\/a> worker. She should yo approve needed stimulus now. Most other dems agree. Republicans ready to go. I am ready to sign, writes the president. Mnuchin says it will be difficult to get a deal done even though theres 300 billion from the first package that remains unspent and could be used to provide immediate relief. And the final day of testimony from judge
Amy Coney Barrett<\/a> in her
Supreme Court<\/a> confirmation hearing this morning. Yesterday she took questions on a range of topics including abortion, the
Affordable Care<\/a> act, and her interpretation of
First Amendment<\/a> rights. Republicans are optimistic over her confirmation with
Top Committee<\/a> leaders say they have the votes. The hearings final day set for later this morning with testimony from outside witnesses,
Lindsey Graham<\/a> told us on sunday he expects her to be confirmed the tuesday before the election. Investors are eyeing markets amid a busy week of
Quarterly Earnings<\/a> this morning,
Morgan Stanley<\/a> and walgreens are coming out this morning. Futures are lower. The dow industrials down 264 points. The nasdaqs down 193 and the s p lower by 36. The major averages erasing earlier gains yesterday after treasury secretary
Steven Mnuchin<\/a> cast doubt on getting a new relief package passed before the election. The dow was down 165, nasdaq was lower by 95, s p was lower by 23 at 4 00 on wall street. Joining me right now is dominic tavella. Also joining the conversation all morning is fox of business
Dagen Mcdowell<\/a>, republican strategist, joseph pinion. Great to see everybody this morning. Happy thursday to you. Dominic, let me kick it off with you here. What are you expecting in terms of driving this market. Why such weakness at the beginning of earnings period, yesterday down in the triple digits and were looking at a decline now of 265 points on the dow. So weve had a very nice bounce off of the september lows and the market basically recovered pretty much what we had lost during september. But i think now the markets are really starting to focus on two things, this virus that simply will not go away and obviously is getting worse on a daytoday basis and the second thing is at least the possibility of a blue wave coming in the election and if that were to happen, what does that really mean from an
Economic Perspective<\/a> . Global
Economic Perspective<\/a>. Those two things are starting to worry people and i think people in general, investors in general are trying to get defensive and prepare for it. Maria so what do you want to do now going into the election . Do you sit on the sidelines, sit on cash until we know what policies are going to drive did day . Or do you buy into some of this weakness . Well, i think in the short run you look at your winners. I mean, if youve owned some of these
Large Company<\/a> tech stocks, if youve owned healthcare yeartodate, youve done very, very well. And with the prospect at least that you could have a higher
Capital Gains<\/a> rate next year, why not harvest some profit, raise cash a little bit. Were sitting with about 10 of cash. I dont want to go into the election with anything less than 10 cash. If we get volatility after the election, that would be i think a great buying opportunity. But you have to at least contemplate that we could be looking at higher taxes next year, that regulatory events are going to be much, much stricter next year, that we could be looking at environmental and
Energy Impact<\/a> with a
Different Administration<\/a> in washington. So these are real important issues that you have to start focusing on now. You cannot wait until january to do that kind of work. Maria yeah. Ive been looking at the
Capital Gains<\/a> tax and the fact that youre going to see that
Capital Gains<\/a> tax go from 23 all the way you up to 39. 6 would indicate to me that thats going to be the thinking after the election, if investors are sitting on a lot of gains theyre going to say im going to realize those gains now while i can get a 23 tax rate, rather than 39. 6 next year. In that vein, if joe biden wins do you believe well see a market selloff after election day. Thats what scares me, maria, is are people going to wait until after the election and then make those decisions, we could have a 10 pullback just in that contemplation. So why not harvest some profits now before the results of the election are there and then you can always buy back in. Theres never anything wrong with harvesting some profit. So weve had some good winners in our portfolios. Its time to put that money on the sidelines and be prepared. I think were going to have a pullback. I dont think its going to be dramatic. I think 10 is reasonable and i think that does give us a buying opportunity for next year. But you dont wait until after the storm hits to start boarding up your house. You do it ahead of time. Maria understood. Dominic, good good to see you ts morning. The morning mover, alcoa, selling off in the premarket after reporting
Quarterly Earnings<\/a> after the bell last night. Alcoa said its expecting a decline in yo aluminum business, theres possible restructuring charges of 30 to 40 million in the
Fourth Quarter<\/a>. The ceo said chinas question dr raw aluminum has snapped back as the country sees an industrial rebound. Were just
Getting Started<\/a> this morning. Coming up, potential wrong doing in the biden family, former new york city mayor
Rudy Giuliani<\/a> will talk about the corruption report surrounding hunter biden cashing in on his fathers position. Next hour, the word on wall street coming up. Confirming judge
Amy Coney Barrett<\/a>,
North Carolina<\/a> senator thom tillis is here talking about the odds of of of getting judge barrett officially confirmed onto the bench. Then rick gates on his new book and experience being investigated by special counsel robert mueller. In the 8 00 a. M. Hour, arkansas senator tom cotton is here on the hunter biden report. What will this mean for
Tech Companies<\/a> . And nfl hall of famer, troy aikman joins us on the leagues upcoming games. Dont miss a moment of out. Youre watching mornings with maria live on fox business. Were helping change the future of
Heart Failure<\/a>. Understanding how to talk to your doctor about
Treatment Options<\/a> is key. Today, we are redefining how we do things. We find new ways of speaking, so youre never out of touch. Its seeing someones face that comforts us, no matter where. When those around us know us, they can show us just how much they care. The first steps of checking in. The smallest moments can end up being everything. Theres resources that can inform us, and that spark can make a difference. When we use it to improve things, then that change can last within us. When we understand whats possible, we wont settle for less. The best thing we can be is striving to be at our best. Managing
Heart Failure<\/a> starts now with understanding. Call today or go online to understandhf. Com for a free hf handbook. Cabefore money, peoplee tools, cattle, grain, even shells represented value. Then currency came along. They made it out of copper, gold, silver, wampum. Soon people decided to put all that value into a piece of paper, then proceeded to wave goodbye to value, printing unlimited amounts of money as they passed the buck to the future. Thats why its time for
Digital Currency<\/a> and your investment in the grayscale funds. Go digital. Go grayscale. Maria welcome back. Bombshell new emails released, the
New York Post<\/a> object of containing emails that reveal hunter biden introduced his father, then
Vice President<\/a> joe biden, to a
Top Executive<\/a> at burisma prior to the vp pressuring officials there to fire a prosecutor who was investigating the company. The
Biden Campaign<\/a> is denying the reporting, saying the schedule log shows no meeting took place at the time. President trump speaking out in iowa yesterday about this scandal. Vice
President Biden<\/a>, you owe the people of america an apology because it turns out you are a corrupt politician. Okay . Joe biden
Must Immediately<\/a> release all emails, meetings, phone calls, transcripts and records related to his involvement in his familys business dealings, influence around the world, including china aroun and including russi. Including russia. Maria meanwhile, big
Tech Companies<\/a> are under fire for censoring the story. Twitter locked out
White House Press<\/a> secretary
Kayleigh Mcenany<\/a> from her personal twitter account after she shared the
New York Post<\/a> story. Facebook is also of censoring it, they will not distribute this story. Joining me right yo now, former federal prosecutor, robert ray is here. Good to see you this morning. Thanks very much for joining me. What do you make of this story. Is there criminality here . Its hard to know at this point, although from the story in the
New York Post<\/a>, we do know the fbi took an interest in this and apparently took possession of the laptop and the hard drive that apparently belonged to hunter biden. And did so sometime at the end of 2019 and when asked about it the fbi referred comment to the u. S. Attorneys office for the district of delaware. So and they declined to comment one way or another about confirming the existence or nonexistence of an investigation. So it was significant enough that it he attracted the attention of
Law Enforcement<\/a> which means that obviously somebody looked into it but we dont know what the status of that investigation, if there is one, and whether thats ongoing or not. As to criminality, i mean, you know, the first issue here is that its obvious now that
Vice President<\/a> biden was not telling the truth. He actually did apparently meet with a burisma, an official with that company and hunter biden was obviously involved in setting that up while he was on the payroll for burisma. So the question naturally arises, if the
Vice President<\/a> wasnt telling the truth about that, what else is he not telling the truth about. Within a years time, we also know that the
Vice President<\/a> was leading the effort to have the prosecutor in charge removed, who has since indicated that one of the things that he intended to do was to investigate this company and
Hunter Bidens<\/a> role. So theres a lot of questions that are out there. But the opener here from this laptop and the emails contained on the laptop is that there was involvement, that what hunter biden was hired to do, which everybody suspected but now has been confirmed, was the to use his influence and with the
Vice President<\/a> and the
Vice President<\/a> actually did meet with an official at that company. Maria i mean, its just extraordinary to me because earlier this year there was an impeachment trial against
President Trump<\/a> and there were actually no articles there wasnt any criminality. They impeached him even though there wasnt a crime and this whole trial was talking about ukraine and what the president said to the ukrainian leadership on a phone call and no comment whatsoever about the fact that joe bidens son was on the board of burisma, that obviously there was conversation around this. Now we get the smoking gun emails and facebook censors it, twitter censors it. I tweeted out yesterday, robert, where are we, communist china . I mean, whats going on . That social
Media Companies<\/a> have decided that theyve chosen a side and theyre not going to put a spotlight on any wrongdoing. Obviously, it you appear appeart hunter biden was trying to cash in on his father being
Vice President<\/a> and he was getting paid 5 o 5 50,000 a month. Well look for criminality. But as far as wrongdoing, inappropriate behavior, making 50,000 a month from a
Government Company<\/a> in ukraine and then an impeachment trial against his opponent. Its just extraordinary to me. Well, me too. I mean, look, theres no question, theres a scunge here skunk here and after all this is involving a candidate for the presidency of the
United States<\/a> who has the democratic nomination and were three weeks away from an election. You know, i would be looking at, for example, whether or not and the president is right to say this. Look, we know the dates now. This was you apparently april of of 2015. You know, what does the
Vice President<\/a> s email show that reflects whether or not this meeting took place and what he knew about it and what was discussed and you would be wondering about whether or not theres a violation of either the federal gratuity statute or the federal bribery statute which prohibits a public official, he was the
Vice President<\/a> of the
United States<\/a>, for receiving things of value because of official acts he could take, among others, to get the
United States<\/a> apply pressure to the ukraine to have a
Government Official<\/a> there removed. Maria unbelievable. And this is all merging into the other story that we continue to follow, and that of course is the fbi wrongdoing. We did get news that finally bruce orr is stepping down from the department of justice. He was under fire because of his connections to
Christopher Steele<\/a>. He announced hes retiring you ahead of his likely firing. President trump spoke about it last night and we know that bruce orr was the individual who was passing on steele dossier information and his wife, nellie orr, worked for fusion gps. Real
Quick Reaction<\/a> to bruce orr finally stepping down, three andahalf years into our investigating what took place here, robert. I dont know whether he committed any wrongdoing in terms of criminality. They put him in a broom closet. Just goes to show you how long it takes to actually get effective action and it raises serious questions that remain about the
Justice Department<\/a> and the fbi and individuals at fairly significant levels with significant responsibility acting not in the best interest of the country but in connection with political or to advance political purposes. That is very troubling and remains so. Maria it sure does. It sure does. Robert, thank you so much. Good to see you, sir. Robert ray. Well be right back. They help us with achievable steps along the way. So we can spend a bit today, knowing were prepared for tomorrow. Wow dad, do you think you overdid it maybe . I dont think so. What do you think, peanut . Nope honey, do you think we overdid it . Overdid what . See . We dont think so, son. Technically, grandparents cant overdo it. Its impossible. Well planned, well invested, well protected. Voya. Be confident to and through retirement. Introducing the new sleep number 360 smart bed. Now temperature balancing, so you can sleep better together. Can it help keep me asleep . Absolutely, it intelligently senses your movements and automatically adjusts to keep you both effortlessly comfortable. Can it help with snoring . Ive never heard snoring. Exactly. No problem. And done. So you can really promise better sleep . Not promise. Prove. Save up to 1,000 on the new sleep number 360 smart bed and adjustable base. Plus, 0 interest for 24 months on all smart beds. Only for a limited time. Introducing the new sleep number 360 smart bed. Now temperature balancing, so you can sleep better together. Can it help keep me asleep . Absolutely, it intelligently senses your movements and automatically adjusts to keep you both effortlessly comfortable. Can it help with snoring . Ive never heard snoring. Exactly. No problem. And done. So you can really promise better sleep . Not promise. Prove. Save up to 1,000 on the new sleep number 360 smart bed and adjustable base. Plus, 0 interest for 24 months on all smart beds. Only for a limited time. Maria welcome back. Tech censorship, facebook and twitter limiting the distribution of the
New York Post<\/a> bombshell about
Hunter Bidens<\/a> email exchanges with an advisor to burisma and how he tried to cash in on his fathers position. Twitter locked several accounts for sharing the story including
White House Press<\/a> secretary
Kayleigh Mcenany<\/a>s personality account, noting it violated its hacked materials policy. Later in the day, twitter had jack dorsey address the controversy, saying it was unacceptable. Facebook announced it was limiting distribution of the story while it looks at it, investigates it. Dagen mcdowell your reaction. Dagen thank you facebook and twitter for showing what the
American People<\/a> what we always thought about you, that you would of quickly censor thought that your minions on the left didnt agree with, that you would quickly censor any news report that doesnt rewel reflel on your chosen president ial candidate, your chosen political candidate. Thank you for showing us what you are made of because now as a nation, we can go elsewhere. This is censorship. Its not communist. Because its not by the government. But its still dangs russ. Im dangerous. Ism going tim going toread a ce opinion editor at the
New York Post<\/a>. This is what he said yesterday. The
New York Post<\/a> account last time i looked, its still shut down, its frozen by twitter. This is a big tech information coup. This is digital civil war. I am the editor of the
New York Post<\/a>, one of the nations large largest newspapers cannot publish one of the stories that details corruption by a major president ial candidate. This is unacceptable. I dont know where it goes from here. Maybe twitters rules are just being formed and that turns into a mess but it does seem like they are singling out stories that are damaging to their preferred president ial candidate. Its breathtaking to me but this is what we suspected all along in terms of the censorship of conservative ideas, conservative reporting. And by the way, on twitter, if you want to share a story or two or five about the steele dossier, which we know is essentially russian disinformation, that is inaccurate, you can still do that on twitter. Twitter never censored stories that were incorrect by cnn about jim comeys testimony. Im going to retweet sirab amarys editorial piece from the
New York Post<\/a>. He goes through a list that jim comey was about to dispute trumps claim that the fbi director reassured him he wasnt under investigation. Cnn reported and had to retract that story about what jim comey was going to say. So again, what are they up to . Theyre silencing a story that reflects badly on their preferred president ial candidate and it must stop. Maria dagen, some of them got
Pulitzer Prizes<\/a> for it, okay. The
New York Times<\/a> and the
Washington Post<\/a> got
Pulitzer Prizes<\/a> for reporting that donald trump colluded with russia. I mean, its outrageous. And the fact that this is coming today, so specific and in our faces, that they are censoring this information is exactly the reason that you are going to see legislation come of down on these
Technology Companies<\/a> to remove that protection, that they enjoy, that they cannot get sued. Because the whole reason that that
Liability Protection<\/a> was put in place, this is rule 230 in the telecommunications act, the whole reason that was even put in place is because these companies came up with an analysis of themselves saying were
Bulletin Board<\/a>s. Everybodys thoughts goes on the
Bulletin Board<\/a>s. Were
Bulletin Board<\/a>s, isnt that right, dagen . Obviously, they are not
Bulletin Board<\/a>s. Theyre only a
Bulletin Board<\/a> for the narratives that they want to believe and they want to disseminate to reader. Dagen and mark zuckerberg, i know that you have
Rudy Giuliani<\/a> coming up shortly, but he had originally tried to push what i call the let it fly rule. He didnt want facebook in the middle of basically censoring content or having to judge the accuracy of it or not. He wanted to step back. But it looks like at least we heard from this guy, andy stone yesterday, the
Facebook Policy Communications<\/a> director on this. He has a long history of working for democrats. He was a former staffer for barbara boxer, the
Democratic Congressional<\/a>
Campaign Committee<\/a> and the
House Majority<\/a> pac. Theyre not looking out for their users. Theyre looking out for, well, joe biden. Maria yeah. We will talk more about this with new york city mayor, former new york city mayor
Rudy Giuliani<\/a>. Hes coming up next, on the hunter
Biden Corruption<\/a> report with the election rapidly approaching. Youre watching mornings with maria live on fox business. Stay with us. Get realtime insights in your customized view of the market. Its smarter
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United States<\/a> for
First Time Since<\/a> the springtime. Cheryl casone with details there. Cheryl that is right. Good morning. The
European Union<\/a> and the u. K. Have seen the seven day new infection average jump to more than 78,000, forcing france to declare a state of emergency and impose a curfew in the paris region. The
United States<\/a> meanwhile confirming more than 50 of 50,0w cases confirmed yesterday after reporting 41,000 the day prior. Cases in the u. S. Topping 7. 8 million with more than 216,000 people dead. Well, wells fargo firing more than 100 employees for defrauding the
Small Business<\/a> administration. An internal memo said the staffers made false representations in applying for
Coronavirus Relief<\/a> funds for themselves through the
Economic Disaster<\/a> program. Taking a look at the stock in the premarket, this is wells fargo, it is down a quarter percent many increasing diversity, starting next year starbucks is going to link its executive pay to inclusion initiatives. The coffee giant mandating antibias training for higher ups. The goal, to have 30 of its corporate employees and 40 of 4f retail positions to be held by people of color. A st. Louis couple who waved guns at protesters pled not guilty to firearms and a obstruction charges. Mark and
Patricia Mccloskey<\/a> said they were defending their home. The couple says they have talked to the president about the case. The governor of missouri plans to pardon them if theyre convicted. And those are your headlines from here. Back over to you. Maria all right, cheryl, thank you so much. Weve been talking about this bombshell
New York Post<\/a> report. Weve got a new report this morning in the
New York Post<\/a>. Lets show you yesterday, new emails show hunter biden being asked whether he could use his influence to help stop politically motivated actions against burisma whose board the
Vice President<\/a> s son recently joined. This morning the new
New York Post<\/a> headline is the following. They just released emails revealing hunter biden purchased lucrative deals involving chinas
Largest Energy<\/a> company as well. The emails reveal hunter biden tried to cash in big. This was discovered by the owner of a
Computer Repair<\/a> shop in delaware, who said hunter biden brought in his computer for service and never picked it up. He turned the hard drive over to the fbi and also turned it over to
Rudy Giuliani<\/a>s lawyer. Joining me now is
Rudy Giuliani<\/a>. Youve been talking about this, something was to come for some time. First, tell me what happened here. They give it to the fbi but you also had a copy of it. We havent heard any of this out of the fbi so when did you first receive this information and turn it over to [ laughter ] of course you havent heard anything from the fbi. You didnt hear about maria whats funny. Everything is funny. I shouldnt have laughed. Its actually very, very sad. I was laughing at the thought that the fbi would actually do anything. I havent seen the fbi actually do anything since louis free was there. I shouldnt say that. The men and women of the fbi are terrific. The leadership of the fbi maria it was the leadership. The best i can say is pathetic. The reality is, they had that brennan note for four years. It would have ended any necessity for any kind of investigation. They withheld it and covered it up. I cant understand that. I never will. Now this one, if you take a look at this hard drive and youre an fbi agent, youre compelled to do something about it. There are things on it that havent come out yet that if fbi agent sat by and watched it, they shouldnt be an fbi agent. What these are about today are maria tell me, yeah. The beginning of a vast number of relationships that the
Biden Crime Family<\/a> had with the
Chinese Communist<\/a> government. This particular deal involves what i call the family. Like they could be a mafia family for the number of crimes theyre committing. And they team up with a guy named ye jin ming, one of the high level members of the
Chinese Communist<\/a> party. His people gather information for the
Chinese Government<\/a> so they can extort us and he tries to turn people to make them spies. He through a man named stanley ho who is now in federal prison and another gentleman get into a partnership with hunter biden, james biden, and james bidens wife, basically theyre going to get 10 million a year and then after jin ming makes his 10 million back, theyre going to share it 50 50. Theres a breakdown of equity for the partners here and hunters going to get money. James is going to get money. Sarahs going to get money. And then theres a little notation in one column that says and 10 of 10 goes to h for theg guy. Also, joe biden and jill biden are provided with room keys to be part of the office that is being sponsored largely by the money of a
Chinese Communist<\/a>. And this is what we want for president , we want a president whose son and brother are partners with
Chinese Communist<\/a>s and who himself appears to be benefiting from it. Maybe that big guy is somebody else. I dont know. Maybe it was suggested. Maybe it never was written down. There is notation that says 10 for the big guy. Maria a portion of this is for the big guy. Yeah, yeah. Right at the bottom. 10 to h for the big guy, also when the keys are given out to the new office for this
Chinese Communist<\/a> basically owned business, joe biden and jill biden are getting keys to the office and we also put out an email yesterday that suggested that hunter biden for 30 years has been paying all the expenses of the family and a he has to kick half the salary back to his dad. Thats in a text or email, ive forgotten, i think an email to his daughter complaining about more or less the way his father treated him. He said for 30 of years ive had to support this family. Maria these are serious allegations here. And unlike pop, unlike pop, maria, unlike pop, im not going to ask for half the salary back. Now tell me what that is. And tell me how they lie their way out of this. And theres more to come, maria. Maria unbelievable. Theyre crooks. The
Democrat Party<\/a> has to come to the reality, theyve got to face the re reality that theyve been protecting a crime family for quite some time. This guy you see on the screen is a complete, absolute, almost habitual drug addict. He couldnt earn 10. You wouldnt its a tragedy what his father did to him. Its a tragedy maria tell me about the
National Security<\/a> risk. Because let me take you back to 2016 and 2017. The whole crux of the narrative that trump was colluding with russia was because russia had something on trump. That there was some damaging information that russia had on trump. Thats where it started. That was the crux of the dossier. We understand. We know that the dossier was garbage. It wasnt true. This was a coup to take down
President Trump<\/a> and then candidate trump. But what you have here is actual leverage on joe biden and his son, if these allegations are true. That ukraine and china had something on them. This is exactly what the democrats tried to say about trump but once again in fact it was going on with them. Phony liars. Maria in their own backyard. Tell me about
National Security<\/a> issues. Well, i mean, the
National Security<\/a> issues are extreme here. The
Chinese Communist<\/a> possess 1,000 pictures in which hunter biden is doing things that some are illegal, straight out illegal. Some are horribly illegal or suggest horrible illegality, im not sure, but theres a suggestion of that. The rest of them are extraordinarily embarrassing. Since the
Vice President<\/a> pretends hes a good boy, hes easily able to be leveraged, right. He wants to keep this image that hes a good boy. There are some things in there that are extraordinarily embarrassing. I have a very hard time, knowing whether to release them or not. Maybe i should have some members of the press come and look at them and you decide whether you think theyre proper to release or not. I know some of them as a
United States<\/a> attorney, i know some of them i would have arrested the guy the next day if i saw or read what i read. And i think its perfectly proper to put out all the ones where hes sitting in a closet smoking crack. Because what they show, in addition to a
National Security<\/a> threat, is that all this idea that he was getting money, of course its ridiculous. Because everybody who he was doing business with was a major criminal. Thats another thing thats interesting. The
Vice President<\/a> has a son who is a drug addict, gets thrown out of the navy and he puts him in with three of the most dangerous criminals in the world. What kind of judgment is that . What kind of caring about your son is that . People say youve got to be sensitive. Hes a drug addict. Maria i want to talk about what joe biden said about this. Biden answered this on many occasions, saying that it was debunked. Stay with us, rudy. Lets take a break. Then i want to zero in on exactly how joe biden has been dealing with this in the past few months. Rudy giuliani is with us this morning and weve got more, right after this. We made usaa insurance for this season. And the veterans that never quit on their team. When being a fan gets tough, and stretching your budget gets even tougher. Our agents put in the time and legwork for you,. So saving on
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Digital Currency<\/a> and your investment in the grayscale funds. Go digital. Go grayscale. Maria and were back with mayor
Rudy Giuliani<\/a>, after damaging emails were released showing hunter biden tried to cash in on his fathers position. President trump, mr. Mayor, demanding joe biden release all of his business dealings. He called for this in a tweet, calling for the
Immediate Release<\/a> of all emails, meetings, phone calls, transcripts, records, related to the former
Vice President<\/a> s involvement in his
Family Business<\/a> dealings including in china and russia. What do you think is most damaging in these emails . Walk us through these emails so people understand where the wrongdoing, potential criminality is. Well, i mean, theres no question, this money is for joe biden. When you hes being bribed, massive bribes for joe biden. So in the case of ukraine, he was bribed in order to fix the case on burisma. And in the case of china he was bribed to go nice and soft on china which hes done for five, six years. Hes getting this money just as hes negotiating for the
United States<\/a> and caving in on tariffs, caving in on the islands. He was sent there to get china to back off the islands. No, china expanded but hunter came away with 1. 5 billion commitment. And how can we elect a president with what has to be done with china whose family has been in business with china. Both with the
Chinese Communist<\/a> government and with some of the highest level members of the
Chinese Communist<\/a> government. And with the country that possesses a dossier on him thats not a phony, thats real. I think the democrats came up with these charges from the process of projection because they charged him with what they do. I mean, they have become a totally corrupt
Political Party<\/a> by putting this man on the top of their ticket. The man has been a criminal for 30 years. 00 deehunter biden said ive ben supporting this family for 30 years. Maria theyve been doing this i have music in my ear. Please get it out. Theyre doing this now for at least, what, i mean, a couple of years because we know that theyve been charging donald trump with collusion. We know
Hillary Clinton<\/a> actually colluded. Obstruction, we know actually
Hillary Clinton<\/a> obstructed. She destroyed 30,000 emails and destroyed herder vice herdevices. We know all this money was coming in. Let me ask you this, how much money totally do you believe hunter biden received . From the chinese . Maria you believe hunter biden made in all of this . I would say hunter biden received a minimum of 12 million from the ukrainians to a maximum of 20. Maria i dont hear anything. I would say that he received a minimum of 10 million to a maximum of maybe 20. And then i would say that from china it ranges from about 20 to 330 million and that moneys going to dad. That money is not for him. Maria unbelievable. Its great to get you on the program this morning to walk us through all of this. Thank you so much,
Rudy Giuliani<\/a>, thank you sir. Well see you soon. Well keep following it. Well be right back. So youre a
Small Business<\/a>, or a big one. You were thriving, but then. Oh. Ah. Okay. Plan, pivot. How do you bounce back . You dont, you bounce forward, with serious and reliable internet. Powered by the largest gig
Speed Network<\/a> in america. But is it secure . Sure its secure. And even if the power goes down, your connection doesnt. So how do i do this . You dont do this. We do this, together. Bounce forward, with comcast business. Maria welcome back. Calls for social media regulations, this after the july twitter hack where prominent accounts such as elon musk and
Vice President<\/a> joe biden were used to promote a cryptocurrency scam. The department of
Financial Services<\/a> releasing a report recommending increased regulations for social media giants, separate and you apart from what we learned yesterday where social media was trying to stop the dissemination of the reports on hunter biden. Joining me right now is attorney lisa garber. Give us the risks here. Great to see you. This does tie into the other story, unfortunately, because its all about what these social media giants are doing to protect their users. And so when we talk about the new
York State Department<\/a> of finance investigation in terms of the july twitter hack, which was when we saw all these major celebrities offering to double peoples cryptocurrency amounts, if they submitted a certain amount, they would get it back double or triple, and this investigation actually turned out that this was done by a simple hacking maneuver, a phishing scheme, they took advantage of certain policies and procedures that were not up to par. What were finding out is that twitter which has 330 million global users per month, actually wasnt protecting any
Cyber Security<\/a> measures as it should be and that follows along the tales of what are these social media giants doing in terms of protecting their users and what they can see in their feeds. Maria well, these companies have become more powerful than anybody expected. I mean, you look at a company like google, owned by alphabet. Google controls 90 of all search. Theyre dominant in market share for search. Youve got twitter also dominant as well as facebook in some corners. So are we going to see this
Liability Protection<\/a> taken away . Are we going to see do you think legislation that enables people to start suing these companies because thats where they are protected under the section 230. Exactly. Section 230 really is the federal law from the 90s that says theres a shield up against suing these platforms, facebook, twitter, google, and the problem is that sorry, i have music in my ear right now. The problem is that these lawsuits are just not allowed because section 23 230 dictates that they cant be liable for what users post. That also means use a single hr software . Nope. We use 11. Eleven. Why do an expense report from your phone when you can do it from a machine that jams . I just emailed my wifes
Social Security<\/a> number to the entire company instead of hr, so. Please come back. How hard is your
Business Software<\/a> working for you . With paycom, employees enter and manage their own hr data in one easytouse software. Visit paycom. Com for a free demo. Hon . First off, we love each other. Introducing the new sleep number 360 smart bed. Now temperature balancing, so you can sleep better together. Can it help keep me asleep . Absolutely, it intelligently senses your movements and automatically adjusts to keep you both effortlessly comfortable. Can it help with snoring . Ive never heard snoring. Exactly. No problem. And done. So you can really promise better sleep . Not promise. Prove. Save up to 1,000 on the new sleep number 360 smart bed and adjustable base. Plus, 0 interest for 24 months on all smart beds. Only for a limited time. Maria welcome back. Good thursday morning, everybody. Thanks so much for joining us. Im maria bartiromo. It is thursday, october 15. Your top stories, 7 00 a. M. On the east coast. 19 days away until the november general election now. President trump and joe biden are gearing up for dueling townhalls on
Major Networks<\/a> tonight. Bombshell emails and the fallout continues. The
New York Post<\/a> this morning revealed another bombshell, more. Moreemails which show hunter biden tried to cash in on lieu you consider testify deals with china lucrative deals with china, one day after the report that showed hunter made money on his fathers position and then the sitting
Vice President<\/a> was aware of it. All this causing a massive tech censorship meltdown. This hour well hear from
North Carolina<\/a> senator thom tillis, former
Trump Deputy Campaign<\/a> manager rick gates and tom cotton, all coming up. Markets are selling off. A triple digit decline at the start of trading, the dow industrials down 262, nasdaq down 164, s p lower by 34. Markets finished near session lows on wednesday on fading stimulus hopes. In fact, it was another pretty good selloff with the dow down 166, nasdaq down 95, s p lower by 23 at 4 00 on wall street. Earnings season rolling on, this morning we hear from walgreens. Morgan stanley, and
Charles Schwab<\/a>, all the numbers as soon as they hit the tape this morning as we are zeroing in on
Third Quarter<\/a> business. Plus, the nfl is back in business, you can watch all the biggest games on fox. Fox nfl lead analyst and three time hall of
Famer Troy Aikman<\/a> is here this morning, previewing whats next for the super bowl and beyond. Mornings with maria is live right now. European markets this morning are also under some selling pressure. Take a look as we are learning covid cases in europe have surpassed those in the
United States<\/a> and european economies are now putting a bigger lockdown on the economy there, markets down across the board. Lets get to
Cheryl Casone<\/a> with breaking news on walgreens. Over to you. Cheryl good morning to you. Again, the estimate 96 kepts a share, they came in at a buck oh two. They came in at 34. 75. The stock was slightly lower going into the numbers a moment ago. Now its up more than four andahalf percent. And guess what, guidance, everybody should get excited about this. Only half of the companies are giving guidance. Basically q4 sales for the
Retail Pharmacy<\/a> increase, this is
Fourth Quarter<\/a>. But for the second half of the year, they see half of 2020, fiscal, this is their fiscal
Fourth Quarter<\/a>, strong adjusted earnings per share growth. They say the covid19 effects on the company are subsiding and that theyre starting to see recovery in key markets. Theyre giving us guidance. They are saying basically that the
Cost Management<\/a> program and thats the expense story weve been looking at with the banks as well, thats actually been put into place. Were looking for foot traffic. This is the largest drugstore chain in the
United States<\/a>. It is a dow component. The stock is jumping higher by more than 6 andahalf percent. Again, good guidance coming in for the second half of the year for them, their fiscal year. Again, this is fiscal q4, not q3 for walgreens. That is something that the street seems to be grabbing onto right now. Also, they really ramped up the covid testing program, that is revenue thats coming into the company, maria. Back to you. Maria all right. Cheryl, thank you so much. Cheryl, the stock this morning up 4 and twothirds percent on
Walgreens Boots Alliance<\/a> after those earnings. Time for the word on wall street, top investors watching your money this week. Joining me now is core tear chif economist, nancy lazar and mark tepper. Great to see you guys this morning. Thanthank you so much for being here. Look at the market, down 230 points on the dow industrials, erasing earlier gains yesterday as well after treasury secretary
Steven Mnuchin<\/a> cast doubt on getting any new relief passed before the election. Mark, ill kick it off with you, your take on the markets and whats driving things here. Is this a new revelation of european economies having to lock down again . Is this about the broader backdrop in a slow economy . Look, so as each day passes, it looks more and more like a stimulus plan is not going to happen before the election. The markets starting to reflect that. Nancy pelosi seems completely unwilling to budge. The white house just recently upped their ante to 1. 8 trillion. That was a significant increase. It seems like its getting blown up for political reasons. So, look, the market in my opinion is not expecting any stimulus may nor, at least anymore, at least until 2021. Whats probably more likely is you see a mini deal in the interim where they can agree on certain initiatives, like replenishing the ppp program. But overall, stocks continue to grind higher. They look strong. I think the longterm up trend stays intact. Maria well, thats what i was going to say. This market even with these couple of days of declines, nancy, this market is still near record highs. So what is that telling us . Weve got september retail
Sales Numbers<\/a> coming out tomorrow. We are expecting the numbers to point to an increase of seventenths of a percent month over month and fivetenths of a percent exautos. What are you expecting on retail sales, nancy . What will this means for overall
Consumer Spending<\/a> going into the
Fourth Quarter<\/a>. I know youre expecting a vshaped recovery. Gives us a sense of what the backdrop looks like right now. The market has a tremendous run. Theres a wall of worry. I think thats healthy to every once in a while consolidate and regroup. Bottom line is, we have had a vshaped recovery. We think were moving into a sustained expansion. And net, youre going to see job growth. Jobs have increased dramatically. Thats supporting
Consumer Spending<\/a>. Even though youve seen the extra
Unemployment Benefits<\/a> fade,
Consumer Spending<\/a> in september will post another solid increase. 0. 7 , 1 roughly, still very strong increases in retail sales. Supporting the roughly 37 to 40 increase we probably saw in 3q, real
Consumer Spending<\/a>. For the
Fourth Quarter<\/a>, you will see a slow daven. Down. Theres no question. You cant continue to increase at those huge numbers. I think youre moving into a sustained
Consumer Spending<\/a> outlook. We have a
Daily Consumer Confidence<\/a> survey of eve. Even though you dropped the extra benefits, our survey hasnt dropped. Its been relatively stable in october and i think thats for several reasons. One importantly, jobs. Job gains are continuing although they are going to slow some. So a healthy economic backdrop, reflected in the market and its been driven by housing, manufacturing,
Capital Spending<\/a> in general, technology, healthcare. Those are big parts of the economy. So, yes, unfortunately many people are still out of a job but the healing process has been very, very significant and it continues into 2021. Maria and i know that the imf is lifting its 2020
Global Growth<\/a> expectations. Nancy, you focused in your most recent note on china and what chinas recovery is showing us about the world. The
Fourth Quarter<\/a> gdp growth, we are expecting to see lower growth in gdp amid the stalled stimulus talks. What does a china recovery say for the world, nancy . So china was first into this mess and china was first out. And china is the one thats also showing us first on covid, you can indeed contain it, control it. You have seen that actually in other asians economies too. I think thats an important backstop to the concern thats now rising with whats going on in europe and here in the
United States<\/a>. Second, china is still the second largest economy in the world and to the extent they have moved into a sustained expansion, the data quite frankly in september was stronger than i expected from car sales to the pmi that recently came out, that if china is moving into a sustained expansion, its going to help boost
Global Growth<\/a> via trade. That is
Global Growth<\/a> trade is not dead. Globalization is not dead. China is a very important part of the global export market, helping to boost some of its neighbors, helping to boost europe, its going to help even the
United States<\/a>. It will help multinational earnings. So, yes, china is kind of the forgotten economy right yo now n though its the second largest economy in the world and a you how important it is to the support to
Global Growth<\/a>. It is a new china economy, though, also. Its an economy thats shifting from old heavy industry into focusing more on consumer, technology, healthcare. And finance. Its a maturing economy. Its going to grow incrementally slower but net a boost for
Global Growth<\/a>. Maria mark, you see a market down 260 points this morning. Would you be buying into the weakness . Yes. So as a long as that longterm up trend is intact, pullbacks are buyable. But in my opinion, this is still a stock pickers market. Theres going to be clear winners, clear loser as the world continues to transition into this new normal. You want to be in the right industries, whether med tech and cloud and price matters. The number one determinant of longterm performance is the price you pay to get into a stock. Find good stocks with strong growth stories that are trading at a reasonable price, thats the key. Maria all right. We will leave it there. Nancy, mark, good to see you both. Thank you so much for the word on wall street. Much more ahead this morning. Coming up, confirming judge
Amy Coney Barrett<\/a>. North carolina senator thom tillis is here to talk about the odds of getting judge barrett officially confirmed onto the
Supreme Court<\/a> and then former deputy trump
Campaign Manager<\/a> rick gates on his new book and experience being investigated by special counsel robert mueller. Next hour, arkansas senator tom cotton is here on the hunter
Biden Corruption<\/a> reports an big tech censorship of the story. What is this going to mean for big tech. And nfl hall of famer, troy aikman on the leagues jum upcog games. With us all morning long,
Dagen Mcdowell<\/a> and joseph pinion. Youre watching mornings with maria live on fox business. Maria welcome back. The biden bombshell fallout continues, the
New York Post<\/a> obtaining a you new round of emails from
Hunter Bidens<\/a> laptop which show joe bidens son tried to cash in on lucrative deals with china. This coming just one day after the post exposed his time at
Burisma Holdings<\/a> in ukraine which showed hunter biden made money on his fathers position there as the then sitting
Vice President<\/a> was aware of it. Now, demanding answers from the bidens, the president wants to know what else took place. Vice
President Biden<\/a>, you owe the people of america an apology because it turns out you are a corrupt politician. Okay . Joe biden
Must Immediately<\/a> release all emails, meetings, phone calls, transcripts and records related to his involvement in his familys business dealings, influence around the world including china and including russia. Including russia. Maria joining me right now is the trump president ial
Campaign Senior<\/a> advisor for strategy, steve cortes. Thanks very much for joining us. Good morning. Maria tell us where you see the wrongdoing and what you think is going to happen here. Are we going to see more . I mean, i know the president wants to see information from joe biden but joe biden, every time this has come up, has said this story was he debunked. Right. He has strenuously denied this many, many times and we now know that he lied, he blatantly lied to the
American People<\/a> because he was fully you aware and thats really important here. Its not that he has a wayward sense, hunter biden who is influencing peddling all over the world. The sitting
Vice President<\/a> knew about this. We know from the homeland
Security Committee<\/a> report as well as bombshell revelations from the
New York Post<\/a> of. Maria, whats becoming increasingly obvious to the
American People<\/a> is that the biden family is a crime family. And that is the reality. And this is far more nefarious than just your standard grift. It involves the two most dangerous add veer rarelies of the ad adversaries of the und states, china and russia. Beijing and moscow were funneling millions of dollars to hunter biden while his father was the sitting
Vice President<\/a> and his father had full awareness of it. Maria well, i mean, look, we know that he had awareness of it because of the emails or do we have other information . Because joe biden said many times he was never aware of any of his sons business dealings. Right. Well, listen, we know thats a lie because the emails, because of pictures that we have of him golfing with ukrainian oligarchs. More importantly is the homeland
Security Committee<\/a> report. And what we know is that the state department, a special envoy of our state department while joe biden was
Vice President<\/a> , he went to the west wing to warn joe biden that these risky and shady business dealings of hunter biden all over the world presented a risk for the
United States<\/a> and for the government. Joe biden then arranged a meeting between hunter biden and the state department. The point is, he was apprised. He was fully briefed. He was totally aware. This isnt just a hunter problem, this is a
Biden Crime Family<\/a>. This isnt standard grift. This is literally being paid millions and millions of dollars from the two most dawning russ adversaries dangerous adversaries of the
United States<\/a>. Maria i dont know about the whole crime family term. I have no evidence of that. Let me ask you this, steve. You are facing an uphill battle with all of this. Its not on facebook. Its not on twitter. We just have an email from the most important, quote, unquote, stories of the
New York Times<\/a>. Its not there. The media is working against this president , has been now for four years. And while what were seeing this morning from the
New York Post<\/a> and what we saw yesterday is obviously wrong and obviously potentially criminal, that he was casting getting money while his father was sitting
Vice President<\/a>. It may or may not go anywhere. It may very well not resonate on the
American People<\/a>. What are you going to do to offset the fact that you are climbing an uphill battle on all this because the media is working against you, they are not disseminating this story, steve. Youre right. Were fighting against powerful interests who dont want transparency. Were fighting against big tech, against the corporate media, against the
Debate Commission<\/a>. There should be a debate tonight. They should be on stage together rather that in separate town halls. We didnt change that. The
Debate Commission<\/a> did. There are powerful interests that are putting their thumbs on the scale and trying to put a curtain in front of joe biden so he cannot be seen so theres not transparency for the
American People<\/a>. So it makes our efforts harder but look, weve got a country to save. We have to go out there and message as powerfully and persuasively as we can that this must see the light of day, this information. This is starting the to look to me like the
Clinton Foundation<\/a> information looked in 2016. And i think once the
American People<\/a> are you aware of out and
President Trump<\/a> is sure to highlight this entire scandal tonight during his townhall. By the way, its incumbent upon abc to challenge joe biden on this tonight. Well see if they do their job, if they act like journalists. I hope they do. We might learn more of about this and the
American People<\/a> are going to learn more about this tonight in these respective townhall. Its a shame theyre not on stage together, though. Maria its funny. I was just going to say that about the
Clinton Foundation<\/a> because four years ago we were hearing all of this story of all of these donation thats the
Clinton Foundation<\/a> got from foreign governments and of course she was sitting secretary of state when all of that took place as well. Youre right, it does sound like the
Clinton Foundation<\/a> and john durham is looking into that as well. Steve, its good to see you. Well be watching it all. Thank you very much for being here this morning. Coming up, washington stimulus battle,
House Speaker<\/a> nancy pelosi and treasury secretary
Steven Mnuchin<\/a> ready for talks again or not. Didnt look like it yesterday. Well check where we are on that. Then whole foods employees pushing back, what theyre saying about the companys new dress code, making a buzz this morning. Youre watching mornings with maria live on fox business. Since pioneering the suv in 1935, the chevy suburban has carried many things. Nothing more important than family. Introducing the most versatile and advanced chevy suburban and tahoe ever. Introducing the most versatile before money, people tools, cattle, grain, even shells represented value. Then currency came along. They made it out of copper, gold, silver, wampum. Soon people decided to put all that value into a piece of paper, then proceeded to wave goodbye to value, printing unlimited amounts of money as they passed the buck to the future. Thats why its time for
Digital Currency<\/a> and your investment in the grayscale funds. Go digital. Go grayscale. I hope my insurance pays for it. Can you tell me how much this will be . [cashier] 67. Sorry. Wait, have you heard about goodrx . Goodrx finds free coupons to help you save up to 80 on your prescriptions. Wow, i had no idea. [announcer] goodrx, stop paying too much for your prescriptions. Maria welcome back. Stalled stimulus, treasury secretary
Steven Mnuchin<\/a> weighing in on negotiations over a potential
Coronavirus Relief<\/a> deal, heres what he said. Getting something done before the election and executing on that would be difficult, just given where we are in the level of details but were going to try to continue to work through these issues. Maria secretary mnuchin and
House Speaker<\/a> nancy pelosi expected to resume stimulus talks today. Joseph, its unlikely that nancy pelosi is going to be agreeing to anything. It does seem that she just doesnt want to get a deal done right now because the last price tag was 1. 8 trillion that the president was offering. That sounds expensive. Joseph the hard truth is that the rnc and
President Trump<\/a> need to focus like a laser on the fact that democrats are standing in the doorway of recovery. Youre talking bouts the staple nancy pelosi who called the increase in wages, the tax benefits of the trump tax cuts crumbs. Well, now we have to understand that even at the price point were talking about, the
American Worker<\/a> on main street is getting a little over five cents on the dollar in that recovery and somehow she thinks that is not enough, that theyre undeserving. I think at some point if democrats are going to insist that somehow the economy is in ruins, while at the same time not providing the infusion of capital on main street required for people to be able to live to put food on the familys table, we have to focus on the clear fact that
President Trump<\/a> should just call for the fact that he has been able to recover from covid in part because he doesnt have to worry about taking care of his family and democrats need to provide that same pathway to security to the average american citizen. Maria well, if you question pelosi, she will call you an apollgict. She clashed with wolf blitzer. Watch this. I didnt come over here to have so youre the apol ofogt im asking you serious questions. So many people are in desperate need right now. Let me ask you this. Let me respond to you. If youre going to answer your own question when was the last time you spoke with the president about this . I dont speak with the president. Why not. I speak with his representative. Maria
Dagen Mcdowell<\/a>, it got worse than that. You saw it on cnn, no less. Disthat. Dagen that was one t garbage belch. We know whats going on. These democrats led by nancy pelosi do not govern for the
American People<\/a> who are suffering, worried about losing their homes, their livelihoods, trying to make ends meet. They govern for themselves. This is about a power grab. Nancy pelosi in my opinion has no intention of moving anything, of pushing through any aid until after the election. She has been dragging her fancy feet for weeks now and she gets called on it and i think that she kind of revealed herself in that kind of like desperate attempt to defend those actions. And plus, there is just this, theres support for this on both sides of the aisle. Its based on my calculations, its more than 300 billion thats unspent from the aid package, the rescue package earlier this year. All congress has to do is authorize that money and free it up. And reauthorize it for different uses. Theres support, bipartisan support for that. Where is it, pelosi . Where is that money . Where is that help for
American People<\/a>. Millions of people on
Unemployment Benefits<\/a> across the country, they dont care. They dont care about any of us. Maria yeah. It really exposes how its political and unfortunately those people who are in need of money, those companies,
Small Business<\/a>es that are in need of money, the airline industry, theyre up against politics with 19 days before an election and that was exposed in that interview with nancy pelosi. Coming up, confirming judge barrett,
Senate Judiciary<\/a> committee member, senator thom tillis is here, hell talk about judge barretts confirmation hearings. And ditching the house and white picket fence, the new mobile places americans could be calling home. Its making a buzz this morning. Youre watching mornings with maria live on fox business. Diane retired and opened that pottery studio. How did you come up with all these backstories . I got help from a pro. My financial professional explained to me all the ways nationwide can help protect
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Clinical Trials<\/a> exploring ways to treat even more types of cancer. Its tru. Keytruda from merck. See the different types of cancer keytruda is approved to treat at keytruda. Com, and ask your doctor if keytruda can be part of your story. And ask your doctor if keytruda new projects means you need to hire. Gers. I need indeed. Indeed you do. The moment you sponsor a job on indeed you get a short list of quality candidates from our resume database. Claim your seventy five dollar credit, when you post your first job at indeed. Com home. Maria welcome back. More of began stanley out with
Quarterly Results<\/a> better than expected. Right to
Cheryl Casone<\/a> we go. Cheryl taking a look at the stock, it is higher, it was flat going into. The earnings per share, estimate a buck 28, they came in at a buck 59, revenue estimate, 10. 64 billion, they came in with a billion dollars more and change, 11. 66 billion. A lot of the strength they were seeing was in the
Wealth Management<\/a> division, advisory fees of this company has really been pushing as you know into that. The stock now going flat. Also, th. Theyre giving us an update on the acquisition of eaton vance. They closed the e trade deal in the quarter. Across all divisions of
Morgan Stanley<\/a> they had strong revenues. Noncompensation expenses, theyre paying ad add viers advisors a little more than 5 billion there. Maria all right. Cheryl. Thank you so much. The stock is flat this morning. Well find out what happens on the
Conference Call<\/a>. Why investors are looking at this cautiously this morning. Rising fallout following the
New York Post<\/a>s bombshell report on hunter biden, new emails released this morning reveal hunter biden pursued lucrative deals with china as well as ukraine, follows reports that he introduced his father, joe biden, to a
Top Executive<\/a> at burisma rear to the
Vice President<\/a> pressuring officials there to fire a prosecutor who was investigating that company. Hunter was sitting on the board. The former
Vice President<\/a> s campaign denies any ties to hunters business in ukraine. But the emails are out,
President Trump<\/a> spoke about the scandal yesterday. Watch. Vice
President Biden<\/a>, you owe the people of america an you apology because it turns out you are a corrupt politician. Okay. Joe biden
Must Immediately<\/a> release all emails, meetings, phone calls, transcripts and records related to his involvement in his familys business dealings. Influence around the world, including china and including russia. Including russia. Maria joining me right now is
North Carolina<\/a> senator, on the
Judiciary Committee<\/a>, thom tillis. Senator, its good to have you this morning. Thanks very much for joining us. First up, how are you feeling post the covid diagnosis, sir . I feel great, maria. I had mild symptoms a week ago saturday. I was cleared by my doctor on monday evening. Im back at work. I was glad to be in the judiciary hearing with judge barrett. Maria thank god. So happy to hear that. Its just incredible to me that this coronavirus affects people so differently. Some people have absolutely no symptoms and you quarantine and youre back at work the next week. So its just wild, right, how this one thing i would encourage everybody is after you recovered, donate blood, participate in surveillance studies, do your part to help others. Maria okay. All right. Lets talk about the hearing. Give me your takeaway from the first three days of the confirmation hearings of judge barrett. I think judge barrett, she was more than for the entire democrat membership on the
Judiciary Committee<\/a>. She went in without notes. There was a lot of hypocrisy going on. They were asking her to take a position they knew she count. They understood she couldnt do that. They tried to make it a thing but it fell flat. I think the
American People<\/a> are very impressed with judge barrett. I am. And i look forward to supporting her nomination. Maria its just an extraordinary moment in time that we are in right now. Youve got massive pushback from the president s critics on what will be likely a third scotus appointment by this president in four years and then youve got all of this other pushback of real wrongdoing that were seeing. Secretary of state mike pompeo example told reporters that the state department is doing everything it can to release additional e mails from
Hillary Clinton<\/a> after
President Trump<\/a> said he was not happy with the state department having not released the e mai email as she worked on a private server. Then weve got the other story this morning about hunter biden. Your thoughts on where we are in terms of the media and its refusal to acknowledge news. They wont admit that
President Trump<\/a> was spied on, unlawfully. They wont admit that it was the story that
Hillary Clinton<\/a> dreamed up that he colluded with russia and now theyre not admitting any wrongdoing on joe bidens part and we know that his son, hunter, accepted one andahalf billion from china, 50,000 a month from ukraine while his father was the sitting
Vice President<\/a>. I tell you, theres a lot packed into what you just said, maria. I think we need full transparency. We should see the emails. Secretary pompeo is going by the book to make sure theyre released properly. The revelations from hunter biden are not covered by any other networks but its real and its something that should be investigated and joe biden,
Hillary Clinton<\/a>, everyone should have transparency. Much the same way i expect my opponent to have a little more transparency with the latest allegations that hes admitted to over the last couple weeks. Maria tell me more about that, senator. Well, my opponent has been running on a premise of truth and honor and last week he admitted to the fact that he had an affair with the wife of a combat veteran over the past couple of months. His entire campaign was premised on what we all know now is a lie and i think he needs to come before the press and explain things. Keep the family out of it. When you run on the premise of truth and honor and youve been untruthful and dishonorable, thats an important thing for the people of
North Carolina<\/a> to understand. Maria understood. Understood. Right now, there is a lot of dirt coming out of a lot of people in a political environment, 19 days before the election. Senator, what can you tell us about the polls and how youre feeling about the senate . Because we had a report yesterday where an engineer who looked at google has uncovered a plan at google to help flip the senate and, you know, you type in google in the search line, flip, and the first thing that comes up is flip the senate. I mean, these are little tricks with the algorithm that i think google did do in 2016 in terms of you type in
Donald Trumps<\/a> name, you get tons of negative stories about him. You type in
Hillary Clinton<\/a>s name you get mother theresa type stories in it. This is what social media is doing. They too have chosen a side, senator. What are you going to do about it . Well, i think the
Judiciary Committee<\/a> needs to take up the very important question of whether or not these are publishers and whether or not theyre controlling the narrative. You heard about the
New York Post<\/a> article thats been suppressed on social media. I believe that there is a systematic approach to manipulating peoples opinions with respect to the folks theyre going to vote for. I think they have to be held accountable and we have to recognize this is just not the way to run in a democracy. We need the facts out there. People should be held accountable for false information. But big
Tech Companies<\/a> need to be held accountable for influencing what information gets out there and what information doesnt. I think its something that well take up in the
Judiciary Committee<\/a> probably several committees in the senate and well have to rethink how they operate moving forward. Maria so what is the likelihood in 2021 that we see that
Liability Protection<\/a> that these social medias enjoy, that section 230 . What is the likelihood that that goes away, senator . Well, i think theres a very good chance that things are going to be tightened. Whether or not it goes completely away for players in the industry who still can fit into that nonpublisher category, we can have that discussion but clearly i think some that are enjoying those protections now, we have to rethink. And by the way, with respect to the campaign, you take john james was on television this morning, michigans tightening up. Were seeing a lot of surges in several different states including my own. Im confident that
North Carolina<\/a> by the way, 233 million spent in
North Carolina<\/a> so far in this race. Its going to be another record breaker. Despite all that money, were running well. Were going to win on november 3rd. And i do believe youre going to see some prizes in other states surprises in other states, including michigan. Maria a lot at stake, we know that, certainly for business and individuals. Senator, good to see you this morning. Senator thom tillis joining us there. Coming up, a firsthand account of the
Mueller Investigation<\/a>, why did they wipe 31 phones clean . Rick gates is joining me about his experience with the
Mueller Probe<\/a>. Thats next. Whole foods employees are pushing back, what theyre saying about the companys new dress code. Its making a buzz this morning. Youre watching mornings with maria live on fox business. Needles. Essential for sewing, but maybe not for people with certain inflammatory conditions. Because there are options. Like an unjection\u2122. Xeljanz. The first and only pill of its kind that treats moderate to severe rheumatoid arthritis, psoriatic arthritis, or moderate to
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Trump Deputy Campaign<\/a> manager rick gates details how the president overcame the odds and proved pollsters wrong as well as his experience with
Robert Muellers<\/a> failed probe. Joining us now is rick gates. Its good to have you this morning. Thank you for being here. I would agree with you, hits called the wicked game, it certainly is wicked what took place in 2016 and 2017. Let me ask you about the
Mueller Probe<\/a> because weve been reporting on this program how the leading investigators of mueller wiped clean all of their phones. They wiped clean 31 phones. It takes an hour to wipe clean one. They did 31 of them. Whats your reaction to that and to the
Mueller Probe<\/a> . Maria, thanks very much for having me. With respect to the phones, i found it fascinating. A number of instances during the
Mueller Investigation<\/a> i and other witnesses were absolutely threatened with additional charges if we had lost any amount of paper or anything on our phones, if we deleted texts. I find it unbelievable theyre allowed to get away with wiping their phones accidentally. These are prosecutors, particularly one of the lead prosecutors, andrew wiseman. He doesnt do anything by accident. So its very frustrating to see kind of this dual system of justice that we have and this is exactly why i go into it in my book and i hope the
American People<\/a> can see that the standards that we have in the
Justice System<\/a> have to be fixed in order for our country to be better for it. And as far as the
Mueller Investigation<\/a> maria how will it be fixed . Go ahead. There needs to be reform. As i went through the
Mueller Investigation<\/a>, somebody said to me there is the department of just us and that was implying that the department protects its own. The fbi protects its own. And we really need to take a critical look. Look, theres nobody thats done a better job of getting this information out than
President Trump<\/a>. I mean, look at how much we know today versus three years ago. This is not conspiracy theories father more, its not opinions. We actually have evidence and facts of people trying to take down a president. And in that process, they went after a number of us to try to get to the president and it didnt work. They failed. Maria right. I know, the coup that failed is chapter two in my new book, i called it the coup that failed because it clearly was a coup, whether it be creating this story by
Hillary Clinton<\/a> of
President Trump<\/a> colluding or all of the ill legal wire taps that were going on. We finally got news today that former associate
Deputy Attorney<\/a> general bruce ohr is stepping down from the department of justice, the husband of nellie ohr who worked at fusion gps who was handing over information from fusion gps, made up stuff on the president to the doj and the fbi. He left the
Justice Department<\/a> on september 30th ahead of the release of the disciplinary review by senior officials. Hes been scrutinized for his contacts with
Christopher Steele<\/a> while his wife worked at fusion gps which wrote the dossier. They hired
Christopher Steele<\/a> to come up with this phony russian dossier. What a do you say to some people in america, i think half of the country will not even start to accept this idea that
President Trump<\/a> was set up, that his campaign was set up. You are actual living proof of it. Exactly. Its so hard to believe that we actually have people inside our
Government Agencies<\/a> that would take on an effort like this. And i think thats what makes it so unbelievable. Look, its taken a lot of time for the truth to come out and i think the truth will continue to come out as we uncover new evidence, as documents are declassified. I think its ab absolutely important that the
American People<\/a> have the proof, the evidence and transparency with their government institutions and people in it. So its quite ironic that i think most of
Major Players<\/a> involved in the investigation including bruce ohr are gone, either fired, terminated, left on their own accord. There are very few left in the investigation. I think as the evidence continues to come out the
American People<\/a> are going to learn a lot more and its going to be disappointing that our government allowed these things to happen. Maria well, they may not learn anything. I mean, you know, two weeks ago i reported exclusively that we were not going to get a
Durham Report<\/a> before the election. Were not going to get any indictments of before the election. Theres a major debate going on within the doj according to my sources that, you know, they dont want to say or have any prosecutions because it looks political around an election. Thats why you have prosecutors stepping down like john bash who recently stepped down and if joe biden wins and hes up in the polls, its likely that this entire thing goes away, rick. Walk us through, before you go, your experience with the mueller investigative team. What happened . Absolutely. Yeah, look, it was a hour ofly figure experience many i horrific experience. I spent almost 1,000 hours interviewing. I would say some of the
Key Takeaways<\/a> are that bob mueller was literally nonexistent. I met him in a lobby once, accidentally. Was never in any of the interviews, was never mentioned in any of the interviews. Theres a number of occasions where his name was referenced where they had to seek information from bob mueller but they never did. One of the questions for me is who was really in charge of the investigation. As we see the evidence continue to come out, i think theres going to be more information that the
American People<\/a> will be interested in seeing. And look, this investigation, the
Mueller Investigation<\/a> is going to be known as the greatest crime perpetrated by americans, against americans, on american soil. And unfortunately, our country and our democracy are the worst for it. This should never happen again. It should never happen to any president or men citizen. As we or american citizen. Youre going to see this is more than a little coup. This was a legitimate takedown of a president by the
American People<\/a>. Maria thats right. And i mean, jim comey had a really great strategy. Lets get a
Mueller Investigation<\/a> started so that everything is on ice. You know, the republicans were coming on my show every sunday on sunday morning futures in 2018, demanding documents from the fbi but they had ample reason to say oh, no, no, we cannot release any information because were in the middle of an active investigation and that is the
Mueller Investigation<\/a>. So many people say the
Mueller Investigation<\/a> was just a coverup to cover up their tracks. Rick, were going to keep watching it. Weve been on this story. We understand it. Thank you so much. Rick gates joining us this morning. Well be right back. So youre a
Small Business<\/a>, or a big one. You were thriving, but then. Oh. Ah. Okay. Plan, pivot. How do you bounce back . You dont, you bounce forward, with serious and reliable internet. Powered by the largest gig
Speed Network<\/a> in america. But is it secure . Sure its secure. And even if the power goes down, your connection doesnt. So how do i do this . You dont do this. We do this, together. Bounce forward, with comcast business. Hey. [narrator] she takes two prescriptions. Kates son jack, takes one too. Kate works hard, and thought she had good insurance. But she still pays too much. Thats no good. So kate downloaded the goodrx app. Now she can compare prescription prices, to find the best discounts. She even beats her insurance price. Good for you kate, good for you. Goodrx, stop paying too much for your prescriptions. Download the free app today. Maria welcome back. Time for the morning buzz. First up, whole foods getting strict, employees are voicing frustration over a new dress code policy which includes no busy patterns, flags, slogans or buttons on aprons. The new dress code going into effect next month. It is a shift from the companys
Longtime Free<\/a> expression culture. No more free expression, dagen. Should whole foods make these changes . Dagen lets be clear. This is of course my opinion. But whole foods owned by amazon, theyre just trying to crack down on people expressing political opinions. Its not about somebody wearing sweat pants at work or ripped cargo pants. Its about theyre banning anything to do with buttons, pins, visible logos, slogans, messages or flags of any kind. God forbid somebody wear an
American Flag<\/a> tshirt, right . Maria i have my flag pin on today. I guess i they wouldnt like that very much. Forget about a make
America Great<\/a> again hat. How about this, chris farly may have been onto something in his face much saturday night live skit. Check this out. Young lady, what do you you want to do in your life . I want to live in a van down by the river. Well, youll have plenty of time living in a van down by the river when youre living in a van down by the river. Maria [ laughter ] a you new survey from move. Org shows 52 of americans are not owe poseopposed to van life, lig either fulltime or parttime in a modified vehicle with basic amenities. Aside from the financial aspect, people seem to like the idea of spending time by the beach, the ability to travel whenever they want. Joseph, are you ready to live life on the road . Joseph im not much of a road game person myself but i think maybe the article should read fear of a biden presidency causes spike in winnebago sales as people look for a home they can afford and a state they can drink a cup of coffee outside in. I dont know. But this is a world that we live in in 2020. Maria really is. What a world it is. Were going to take a break and then we continue investigating corruption, arkansas senator tom cotton will be here. Hell talk about the new emails from hunter biden and big tech censorship of the story. Or whats trending. Get realtime insights in your customized view of the market. Its smarter
Trading Technology<\/a> for smarter trading decisions. Fidelity. Maria welcome back. Good you thursday morning thankings for joining us. I am maria bartiromo. Thursday, october 15 top stories right now 8 00 a. M. On the button on the east coast, 19 days out until november general election
President Trump<\/a> joe biden are gearing up for dualing town halls on
Major Networks<\/a> looking at what to expect. Bombshell emails the
New York Post<\/a> revealing another major bombshell more emails show joe bidens son hunter biden tried to cash in on fathers position with lucrative deals in china, this coming one day after bombshell report that showed hunter biden made money on fathers position, then the sitting
Vice President<\/a> joe biden was aware of it all this a massive text censorship meltdown tech trying to stop flow of information, senator tom cotton will join me live in a few minutes. Is this futures a triple digit decline start of trading dow industrials down almost 300 points we are at lows of the morning right here nasdaq down 177 s p 500 weaker by 38 after market finished near cigarettes lows on fading stimulus hopes, the selling continues, accelerates this morning, dow industrials down 165 points yesterday, the nasdaq was down 95 s p lower by 23 at 4 00 on wall street earnings season rolling on we heard from walgreens
Morgan Stanley<\/a> this morning
Charles Schwab<\/a> later this hour see if impact, as markets worsen we are now down more than 300 points on dow industrials. Knee plus nfl back in business you can watch all the biggest games on fox we preview with fox nfl lead analytical troy aikman what is next for the super bowl and beyond big money in sports. Mornings with maria is live right now. European markets also weaker this morning, there are worries about a second wave of covid we are learning that covid cases in europe, have now surpassed
United States<\/a> they are going to deepen lockdown efforts in ft 100 down 117 points, cac quarante down 113 dax in germany down 363 points right now, that is almost 3 lower in germany, in asia overnight red across the board there as well take a look, the worst performer was hong kong, after markets were shut down early a day earlier remember, for weather, hang seng down better than 2 now top stories that we are watching this morning, the
Senate Homeland<\/a>
Security Committee<\/a> launching investigation, after
New York Post<\/a> two bombshell reports on hunter biden emails, those emails show he procured lucrative deals with china other dealings, from his time, in ukraine on the board of
Burisma Holdings<\/a> making money while his father was
Vice President<\/a> from foreign markets,
President Trump<\/a> demanding answers from joe biden about what he knew about his sons business dealings in ukraine. Maria weve just learned through explosive documents published by a very fine newspapers the
New York Post<\/a> that joe biden has been blatantly lying about his involvement in his sons corrupt business dealings a big smoking gun. Maria he apparently discovered by owner of a computer prayer shop in delaware he said hunter biden brought his computer in for service in 2019 but never picked it up, once he found emails on the computer hard drive he turned into it the fbi. This could not might not no. No. Biden campaign is denying any wrongdoing, says the post never reached out to the campaign. Many backlash overnight after social media censored the study the post twitter account shut down users including
Kayleigh Mcenany<\/a> locked out of her account trying to share the story, facebook also tried to stop the dissemnation jack dorsey apologized side blocking url sharing via tweet or direct message with zero context as to why we are blocking unacceptable, says jack. President trump and joe biden will take the stage for speculate town hall forums in place of scrapped second debate both begin 8 00 pm eastern the president is going to be on nbc the former
Vice President<\/a> going to be on abc, president initially pulled out of second debate told us here first you remember that a week and a half ago after he learned itmost to i virtual format debate seconded he october 22 so far remains on of
Steven Mnuchin<\/a>
House Speaker<\/a> nancy pelosi will resume
Coronavirus Relief<\/a> talks not a lot of expectation that in this case gets done
President Trump<\/a> tweeted nancy pelosi couldnt care less about
American People<\/a> or
Great American<\/a> worker she should prove needed stimulus now most other dems agree. Republicans ready to go i am ready to sign writes the president mnuchin casters doubt getting a deal done before election said it would be difficult even though 300 billion dollars from first package that remains unspent, that could be used to provide immediate relief he said that at milken conference shg final definite testimony for judge
Amy Coney Barrett<\/a> in
Supreme Court<\/a> confirmation hearing yesterday took questions on a range of topics including aborrow shin
Affordable Care<\/a> act her interpretation of
First Amendment<\/a> rights republicans optimistic over confirmation top leaders saying they have votes the hearing set for later this morning, testimony, from owed witnesses
Lindsey Graham<\/a> told us they plan to confirm her tuesday before election. Bombshell new emails,
New York Post<\/a> released email server revealing hunter biden procured lucrative deals with chinas he
Largest Energy<\/a> company while his father was the
Vice President<\/a>. This coming one day after the post obtained emails revealing hunter introduced his father then
Vice President<\/a> biden to
Top Executive<\/a> at ukrainian
Energy Company<\/a> burisma while hunter er was on the board a couple months ago
Vice President<\/a> biden pressured officials to fire a prosecutor, who was investigating burisma. The
Biden Campaign<\/a> denying reporting, they say the scheduled log show no meeting took place at the time
President Trump<\/a> spoke out yesterday in iowa about the scandal. Vice
President Biden<\/a> you owe the people of america an apology, because it turns out you are a corrupt politician. Okay . Joe biden,
Must Immediately<\/a> release all emails, meetings phone calls transcripts and records related to his involvement and his familys business dealings where about influenced ped liposuction around the world including china including russia. Including russia. Companies under fire for censoring story arkansas scenario tom cotton great to see you this morning so much to discuss, i want to get your reaction to these emails, as well, as important in my view is the censoring of them, how social media has taken a side, and they are more powerful than they ever have been, and they are hiding information from
American People<\/a>, first there is your reaction to these email server released, indicating hunter biden trying to cash in, on his fathers position. If all memories are authentic confirm ma weve long nonhurpt hurpt was a trying to cash in on his fathers
Public Office<\/a> doing so for decades not only member of the biden family to do that earlier this week joe bidens inlaws advising campaign coronavirus while vesting money in health care companies, joe bidens brother is accused of of fraud dealings, with other businesses, related to joe bidens
Public Office<\/a> sister made a lucrative living off political campaigns, i mean the question is how many people in biden family are cashing in on
Public Office<\/a> . The biden family beginning to rival in this regard. Senator, how come, he he is able to just blow off questions, obviously, we are in a political environment we have 19 days until the election. You could understand average american saying i dont know what is true anymore if this is true or that is true. I mean he said on the debate stage, when
President Trump<\/a> brought it up that it has been debumpingsed o debunked no pushback saying we are not going to disseminate information facebook said we are not going to twitter closed down any account that tried to disseminate emails so
American People<\/a> would understand, i have been screaming about this russia probe for three and a half years they spied on duly elected president unlawfully doctored documents leaked to press lied to congress, yet there is we have one one from kevin clinesmith, what should
American People<\/a> believe you have a massive effort to hide the truth . Maria i think the
American People<\/a> should believe, that where there is smoke there is probably some fire. Biden campaign yesterday rushed owed a statement this is falls maybe joe biden might have met the with yu he cranian businessman had hunter biden on payroll look at behavior of big tech oligarchs want to control biden, they immediately censure this on twitter, facebook locked down twitter account of
New York Post<\/a> a venerable major they locked
Kayleigh Mcenany<\/a> out, big tech oligarchs declared war those in
Silicon Valley<\/a> every winter is coming. Tell me about that winter is coming what do you mean by that is what coming that they are going to lose 230 section of telecom act no longer o protected from lawsuits section 230 has been broadly interpreted to giving big tech complete immunity i support legislation to move that make them act in good faith change terms of contract but at this point maria, given just how deeply in the pocket of the
Democratic Party<\/a> they are now that big tech oligarchs completely thrown in with joe biden i think time we consider the outright repeal of section 230. Look what left wing wants to do in washington, they want to break up the companies, are these
Companies Think<\/a> that republicans are going to come to their defense . They are censoring our voters across heartland . Hardly so my message once again to big tech oligarchs is winter is coming. Maria in 2016 you had a similar situation right . You had, you know you put in the republican g. O. P. In there nazism stories came up i remember that story in the 2016 excitement of the election. G. O. P. Types in a
Google Search<\/a> stories of naziism came up this actually happened, in 2016 type in
Hillary Clinton<\/a> get oh puppies rainbows stories about hill little type in donald trump all evil, so they have done something to the algorithms that that are enabling this apparently doing it again, we reported yesterday that they are now trying to flip the senate, what are you doing, to stop this . Yeah, maria
Companies Like<\/a> google happy to work with
Chinese Communist<\/a> party but refuse to work with the
United States<\/a> military, look what amazon did just this week, refusing to post, documentary by respected scholar
Shelby Steele<\/a> we are going to look at the
Tech Companies<\/a>, protections from
Justice Clarence<\/a> thomas said may be sprooment needs to review to correct erroneous decisions the department of justice looking at antitrust lawsuits against some companies all options will be on table now that big tech oligarchs declared open war on
Republican Party<\/a> conservatives across america,. We will leave it there, senator when you come back i have to ask about a headscratcher why china is on a committee of human rights at u. N. When we know a million plus uighurs are locked up in china you just cant make this stuff up, senator good to see you this morning. Thank you so much senator thom cotton arkansas preview my new book two weeks time the cost trump china american revival you can preorder the book it will be out in two weeks. Well be right back. Knowing who we are is hard. Its hard. Eliminate who you are not first, and youre going to find yourself where you need to be. The race is never over. The journey has no port. The adventure never ends, because we are always on the way. Maria welcome back less than hour from the opening bell on wall street thursday we have a heavy selloff underway dow industrials right now down 322 points, 322 points low of the morning nasdaq down 191 s p 500, down 41, obviously, a lot of disappointment about no stimulus, and uptick in coronavirus cases here as well as europe, so much so that eus crackdown on economy, is going to deepen coming up with new lockdown measures also a crackdown on big tech weighing on that sector the nasdaq all in all, it is a tough day at the office, joining me right now
Richard Bernstein<\/a> adviser ceo great to see you. Thanks very much for being here. Thanks. Great to be with you. Also joining conversation
Dagen Mcdowell<\/a>, joseph pinion richard i want your take on this market with heavy selloff, what do you think is driving the market, and is this having anything to do with the backdrop in terms of growth . Well, maria in intro you nailed it the way we think about it is the only certainty that is out there, is continued uncertainty. You know whether it is stimulus bill whether it is coronavirus, whether geopolitics you name it, the world is in flux many ways i think one should temper whatever enthusiasm one has for the stock market right now. Pursued enz reality there isnt a lot of certainty out there that is when we see uncertainty raising its head. How do you allocate capital you looked at macrostory over your yes, sir to guide you in terms of allocating capital. Do you see any opportunities or do you want to get out of the way until election is over . Snow no there is always opportunities you have to look where people arent looking. Right now what you want to do were doing in portfolios, a balanced portfolio between on one hand trillion
Sectors Health<\/a> care staples on other hand cyclical,
Energy Materials<\/a> transportation weighing those two changing that depending on fundamentals whether improving or getting worse but one thing i do want to point out if you think about what does everybody love clearly big tech theres issues you pointed out, of course, i dont think people understand applying big tech right now incredibly high valuations basically saying nothing is going to grow anywhere in the world, that i have to own those five companies or six companies, i think away too bearish people should look at
Broader Market<\/a> russell 2000, rather than nasdaq, and big tech names,i think that is where, you are going to find opportunities if you are looking out more than two weeks. I think you make a really good point because when you actually look at a rally that he weve had prior to this couple day selloff, it has been narrow, five
Technology Companies<\/a> that have been soaring the netflixs of the world and so that is not even a broadbased situation let me bring
Dagen Mcdowell<\/a> in here. Dagen good to see from you my dad where can you get income that is reasonable safe . Well that is the challenge these days the word reasonably safe much more difficult
Interest Rates<\/a> are so low it is really hard if you take out the word safe say where can i fine income wrifksz are probably lower than people think, i would think you have to start nosing around
Energy Sector<\/a> yields high among
Bigger Companies<\/a> cash flows pretty strong can support dividend not riskless we know
Energy Sector<\/a> headwinds longer term we understand that some big
Major Companies<\/a> have pretty lofty dividend yields might be worth, looking after full disclosure i have done it personal. I think a fair point when you are looking where
Interest Rates<\/a> are right now youve got to find better yields from dividend paying companies. Exactly. Exactly. I mean, and you know not only do you get that yield but if talking about a
Higher Quality<\/a> company right like junkie companies i get that those dividends probably going to be cut a
Higher Quality<\/a> company not only did have we will sort of hf a call option if you will on growth economy next two, three, years, five years. Good to see you please come back soon
Richard Bernstein<\/a> joining us. Well be right back. Welcome back waiting for vaccine majority of people would wait a while before getting a covid19 vaccine according to new the wall street journal nbc news poll only one in five would get vaccine right away, 17 say they wouldnt get it al all dagen could be a big issue especially getting back to work want to go get back to work but still cautious do i really want to that i can. Dagen i think very dangerous for the nation and the world economy, and health if you add those two together only willing to get vaccinated if required not willing to get it at all 27 more than one quarter of those people surveyed not enough getting vaccinated to allow businesses schools basically economy to reopen fully, that therein like we needing to a long way convincing people these are save i think the fact a astrazeneca vaccine still working with fda to restart trial in
United States<\/a> really speaks to the state of of precautions that are in place, and the safety and efficacy studies done before anything, any vaccine gets approved. So the messaging from the
Bidenharris Campaign<\/a> has not helped either with fearmongering about vaccine like i dont trust donald trump that is true, lets take a break breaking
Economic News<\/a> other side of this break we get initial jobless claims so he how it impacts markets when we come right back. Stay with us. We renovated the guest room, so you can live with us. Im good at my condo. Well planned, well invested, well protected. Voya. Be confident to and through retirement. Maria welcome back. Good thursday morning. Thanks for joining us. Im maria bartiromo. Thursday, october 15, it is 8 30 a. M. East coast hour away from the opening bell we are standing by for initial jobless claims the september report out momentarily futures selling off dow futures low of the morning down 320 points better than 1 , nasdaq down 170 s p 500 weaker by 41 initial jobless claims out on your screen right to i cheryl we go. Cheryl all right, so actually seeing a little bit of a boost in initial jobless claims maria worse than expected number here for initially claims looking for estimate 58,000 we came in 889 8,000 claims for week ending october ten not great as far as continuing claims better there i can give you 10. 7 million estimate this is week ending october 3, this came in 10. 018 million a little bit betterthanexpected since pandemic ending march looking at over about 64 million claims that have been filed since midmarch so hoping this would be better, than march as i send it back to you this is worse than last weeks initial claims, data that we got into so dow down 334. Back over to you. Maria thank you so much cheryl, we are looking at a market, that well it has been weaker even before this number we get dagen and joseph in here, your reaction to these numbers deaning. Dagen this shows layoffs that are happening, as across the country uptick up 58,000 from the prior week nearly 900,000 americans filing firsttime
Unemployment Benefits<\/a> the continuing claims number is actually two weeks old that is total anybody people collecting state
Unemployment Benefits<\/a>, getting close to that to 10 million market is important but nevertheless numbers are going the wrong direction, it cries out for more aid from the government. Americans likely wont get until after the nancy pelosi using the stimulus package for her political benefit. President s critics do not want economy running before election for sure would like as much chaos as possible joseph am i right on that . Look, to dagens point nancy pelosi playing political games, with peoples lives, literally lives in the balance people unable to put food on table, you put this together, with the predictions out of
Deutsche Bank<\/a> obviously, we are headed for shutdowns probably not just in america and, again, you have main street with a severe liquidity problem if democrats cant get it together take politics out of equation to make sure people he get help support they need in trying time pretty muching togetherness love happiness again incumbents on administration and campaign to focus concretely on those americans left behind by democrats who are more interested in politics than people. Maria lets get a word from the
Corner Office<\/a> ceo ideas on economy right now
General Mills<\/a> is known as one of the biggest food manufactures in the world. Minneapolisbased company owns pills bury betty crock recently named to forbes, 100 list showcases companies doing right by shareholders
General Mills<\/a> chairman ceo jeff, great to have you this morning thanks very much for joining us. Thanks for having me on the program. So,we just got jobless numbers out from your standpoint, knowing really the the flow ofs
Consumer Spending<\/a> consumers really sentiments how do you characterize the economy today. Well the economy is going to be in a period going to be a struggling for a while, and for us that means more consumers eating at home confident zmooerz have been eating at home and confident they continue to eat at home for
General Mills<\/a>, an important time for us, because an opportunity to serve more people than we ever have. How has covid19 impacted your business . To a well, for us, our
First Quarter<\/a> end adcouple weeks ago our sales up double digits profitability above that raised
Quarterly Dividend<\/a> by 4 , more importantly we are competing well in minors i donting market share vast majority of categories in u. S. In brazil china, europe so for
General Mills<\/a> an important time for us competing well. But competing well mostly because we kept employees safe throughout the pandemic, and we are living our purpose making food the world needs. Maria let me ask you about the impact of higher transportation costs, this, of course, is one thing the analysts community is worried about, given a shift in terms of delivery, pickup, are you expecting a big increase in the cost of transportation . We havent seen big increase in cost in transportation for us at this time, certainly could happen sometime in the future but for us, logistics is not a huge part of our cost. Our cost, inflation wages inflation of commodities more important than logistics, of course, we monitor it keep track for us hasnt been an obstacle to our success. Very strong performance, on the heels of this pandemic, people are stockpiling applying as much as they can i guess, because of this pandemic shutdown how sustainable will this trend be once we are out of covid . We are highly confident performance just indicated not driven by tailwinds of that consumption we are competing in the marketplace first i tell you very clear to us the consumers are going to eat at home more even after pandemic ends look at china, our business there consumption of our dumplings business is growing double digits even after the pandemic under control so whether china or look at way people are working in future or economy in probably slow growth mode for a while tell us food culmination at home going to remain strong not now but also into the future. Where are you seeing most demand, jeff in terms of what people are gravitating toward, wanting to stockpile . Is that for us we see highest demand for things in our meals category, so items pro gresso super, also in items in baking category as we look at
Pillsbury Betty Crocker<\/a> high demand for those, breakfast, ceremonial still number one breakfast in u. S. , primarily cereal sale up quit. In addition we see food business growing, nicely, and people want to take care of pets, when times get tough, and provided a lot of comfort people want to make sure they can take care of cats and dogs. One of the items people wonder where pet food business has done better in this pandemic. The pet food business has done really well retail sales up high
Single Digits<\/a>
First Quarter<\/a> people stockpiled beginning of the pandemic so they had to work through inventory, but since beginning of july weve seen fte food business pick back up we think going to continue to grow nicely. Let me ask you about, your allocating of capital whether it be
Share Repurchases<\/a> dividend growth, perhaps acquisition, what are priorities in the year ahead . Well, our
First Priority<\/a> we are really pleased with the fact we have been able to get dent levels down to levels we have seen historically gives a lot of flexibility
Just Announced<\/a>
Quarterly Dividend<\/a> increase 4 , 51 cents
First Priority<\/a> having done that look at other priorities whether
Share Repurchases<\/a> or whether small scale m a things that we can tutuck into business flexibility in
Balance Sheet<\/a> what we can do for investors. What are the plans for yoplait . The french media obviously, reporting that your perhaps considering a sale, of the i dont go you are the company yoplait youing you are the can you tell us a moment ago you said may be acquisitions in dairy are you looking to expand that brand or sell it . To a well as you can probably appreciate i know you need to ask the question because french media a while ago but we dont comment, on rumors whether regardless of acquisitions or share that is not one i am going to comment on i understand you need to ask french media not something i am going to talk or comment on i will say we are pleased yogurt business in u. S. Back to share growth yogurt business in france back to share growth whether yogurt cereal meals doing effectively of a do you see any part of the world as dominant
Growth Engine<\/a> you talked about china doing well
Europe North America<\/a> where would be the growth
Significant Growth<\/a> in coming three years when part of the world . The moment we are seeing growth everywhere we are seeing
Significant Growth<\/a> in brazil we go significant going to let in china even
Significant Growth<\/a> here in u. S. , and growth in you were i cant say one dominant place we are actually seeing growth everywhere the attributed for
Food Consumption<\/a> at home is pretty much a globphenomenon no. I think back to new normal, and part will look same as now part will look, different, and, i think it will take longer than some people suspect. I am sure you are right jeff good to see you this morning thanks very much we will keep watching, ceo of
General Mills<\/a>. Nfl fans sticking around hall of fame lead game analyst troy aikman with us this morning coming up, feelgood smell god story face mask smells like breakfast meat making a buzz you are watching mornings with maria live on fox business. I am coming out businesses today are looking to tomorrow. Adapting. Innovating. Setting the course. But new ways of working demand a new type of network. One thats more than just fast. You need flexibility to work from anywhere. And manage from everywhere. Advanced technology. With serious security. And reliable coverage, nationwide. Forwardthinking enterprises, deserve forwardthinking solutions. And thats what we deliver. So bounce forward, with comcast business. Keeping your oysters growing while keeping your business growing has you swamped. you need to hire i need indeed indeed you do. The moment you sponsor a job on indeed you get a shortlist of quality candidates from a resume data base so you can start hiring right away. Claim your seventyfivedollar credit when you post your first job at indeed. Com promo maria welcome back, take a look at markets 45 minutes until opening bell sounds
Dow Jones Industrial<\/a> average down 342 points nasdaq down 191 s p 500 down 43 points right here, there is disappointment that we are not going to get a stimulus deal
Dagen Mcdowell<\/a> i think the markets, understood this last week, so everyone, here, youve got a situation where market is just trading on every word, but it is unlikely you are going to get stimulus mnuchin said that over the weekend. Dagen nevertheless, the economy needs it. With these numbers that we got on the on the weekly jobless claims, again they were up by 58,000, this and this is why i get this isnt partisan it is why i am so furious at nancy pelosi and democrats, doing a little dance, rather than providing aid to people who are losing their jobs. And cant pay mortgages. We saw this coming. That we knew that the layoff at airlines would start october 1st. We knew that these businesses needed aid we know that people are struggling to make ends meet because extra whether you like it or not extra 600 dollars per week
Unemployment Benefits<\/a>. Expired, there is nobody on the right, and the
Republican Party<\/a>, that is going to get onboard with what was initially one trillion dollar handout to blue states dont understand math we are having financial troubles even before the coronavirus, coronavirus shutdown. So again almost 400 billion dollars just sitting around unspent from earlier in the year they have to reallocate it. That is the thing this is 00 plus in cares act breaking news to get book to cheryl
Charles Schwab<\/a>
Quarterly Results<\/a> out. Cheryl emphasis from
Financial Community<\/a> analysts on this number maria earnings per share estimate 46 cents they came in, at 51 cents, double beat the story here the revenue expectations 2. 43 billion that came in 2. 45 billion stock actually slightly down in premarket now about one and a half percent down 21 yeartodate looking for
Conference Call<\/a> to get patriot on ameritrade acquisition the reason this was important obviously, fine assets 4 1 2 trillion for
Charles Schwab<\/a> moving towards wallet management where profits of seem to be wanted to give you those numbers maria pm back over to you. Maria absolutely they are all trying to move toward
Wealth Management<\/a> many did a good job
Morgan Stanley<\/a>, schwab, thank you so much we are taking a break when we come back troy aikman is here, stay with us. Are you frustrated with your weight and health . Its time for aerotrainer, a more effective total body fitness solution. announcer aerotrainers ergodynamic design and four patented air chambers create maximum muscle activation for better results in less time, all while maintaining safe, correct form and allows for over 20 exercises. Do the aerotrainer super crunch. The prestretch works your abs even harder, engaging the entire core. Then its the back extension, super rock, and lower back traction stretch to take the pressure off your spine and stretch muscles. Planks are the ultimate total body exercise. Build your upper body with pushups. Work your lower body with the aerosquat. The aerotrainer is tested to support over 500 pounds. It inflates and deflates in less than 30 seconds using the electric pump. Head to aerotrainer. Com now. Now its your turn to lose weight, look great, and be healthy. Get off the floor and get on the aerotrainer. Go to aerotrainer. Com, thats aerotrainer. Com. Maria
Green Bay Packers<\/a> to florida to kick off tampa buccaneers sunday a big game third time, aaron rogers top tom faced off starting quarterbacks catch sunday on fox to preview it joining us right now fox nfl lead game naflt hall of famer three times super bowl champion troy aikman thank you so much for many here. Thank you for having me, maria appreciate it. Maria tell me about sundays big game what are you looking at in terms of the the big takeaways what you are going to be watching. Well a big game, of course, a lot of expectations there in tampa bay with tom brady going there, and they are also pretty good start a tough game against chicago thursday night but this is a big game with red hot
Green Bay Team<\/a> played awfully good football aaron rogers playing like weve known him to play so many years one of those games maria, that you expected to have some playoff implications i know green bay will be in postseason every expectation is that tampa bay will as well, so, just being week six in nfl there is a lot on the line. Maria how does it feel being back back on gridiron . Obviously, covid precautions in place. The biggest difference more so for players the fact there is really not many fans in some states no fanss whatsoever. So you know that is that is a big adjustment i think that a burden on players so to speak, and they feed off that energy from the crowd, so that has been that has been pretty unique. Overall i think the way nfl has gone about it the fact we have been able to get on the field and play, and for the most part, you know not that many cases i know what happened a couple weeks ago there in tennessee some adjustment had to take place within schedule but all in all, i think things probably gone about as well as everyone could have hoped. Yeah, i mooen precautions in place no the fans what other precautions are changing the way players operate . There is social distancing within locker rooms meeting rooms all things that take place during the course of the week, the league has implemented some strict protocols, i think they have done, really about all they could do, there are some it hasnt been there have been positive cases, but i dont think anyone ever went into this thinking there wouldnt be some cases. It is just how those situations would be handled whether or not, we as league would be able to move forward. I think a fluid situation we have been able to do that all that has been very good. All right, troy great to get your take on all this we will be watching on sunday, thank you so much, troy aikman tune in to sunday sports 4 25 pm eastern packers buccaneers only on fox, live more mornings morning live on fox business right after this. Come along with me, dancing, dancing with me, and may be if music is right i will meet you tomorrow and. Maria welcome back. Top of the morning buzz, food lovers edition. Smell the mask. Hormel foods releasing a new face mask. Called breathable bacon. Yeah. The latest in pork scented technology to give you a huge whiff of bacon if you take it in. You dont like it, dagen. I dont like to eat meat. I eat pork, vegetables. The fact youre overwhelmed with the smell all day. With men who have moustache, beards, does your facial hair smell like bacon . Im not sure your partner would be okay with that. Maria joseph, whose idea is this . Im putting my money on joe biden. This is cross endorsement by dnc and sneak it under the radar with campaign finance. Maria move over pumpkin spice. Dunkin is ready to lay out the serious heat. Ghost pepper doughnut just in time for halloween. It has cayenne pepper to give a real quick h kick. Joseph, are you in. We need some sugar h garr and spice. If america runs on dunkin. You need that. They still make you fat. They still make you fat. Maria that is true. Have a great day, everybody. Joseph, dagen, great to see you. See you tomorrow. Hope you seize the day. Dont go anywhere. Stuart varney has a tremendous show. Varney
Company Begins<\/a> in a few seconds. Stu, over to you. You have a special guest this morning. Stuart i do. It is the president. Im following in your footsteps. You have had the president twice in the last five or six days. Im following you. Good morning to you. Goodgood morning, everyone. One hour from now well talk with the president a stimulus plan. Second wave of the virus. New hunter biden revellations. Well cover it all. They are the big issues of this morning. Treasury secretary mnuchin says it will be difficult to get a stimulus deal before the election but they will keep trying. President trump offered 1. 8 trillion. He says he wants to go big, will he raise his offer . I will ask him. In europe a second wave of the virus has hit. A partial lockdown in london. A curfew in major cities in","publisher":{"@type":"Organization","name":"archive.org","logo":{"@type":"ImageObject","width":"800","height":"600","url":"\/\/ia601706.us.archive.org\/7\/items\/FBC_20201015_100000_Mornings_With_Maria_Bartiromo\/FBC_20201015_100000_Mornings_With_Maria_Bartiromo.thumbs\/FBC_20201015_100000_Mornings_With_Maria_Bartiromo_000001.jpg"}},"autauthor":{"@type":"Organization"},"author":{"sameAs":"archive.org","name":"archive.org"}}],"coverageEndTime":"20240716T12:35:10+00:00"}