Transcripts For FBC Countdown To The Closing Bell With Liz C

FBC Countdown To The Closing Bell With Liz Claman July 10, 2017

While the president uses his twitter pulpit it is putting pressure on the senior statesman. The stakes are extremely high. In the debt ceiling all stuck in limbo. He campaigned heavily. Now he changes his tune. After later losing his seat and find it himself without health care plan. Why he is now saying hold off on a total repeal. To iraq. And just breaking now President Trump congratulating on it. And while the riots in the streets of hamburg distracted many from the economic and National Security discussion going on the former deputy National Security adviser has been laser focused on all of it. Is iraq really now back in control and what truly got accomplished. The markets are on their toes. Waiting for the start. An hour to the closing bell. Lets start the countdown. The breaking news that is coming out of washington dc right now we may no sooner rather than later because as we said they have Mitch Mcconnell that comes out and gavel right into the session. We are looking at the transports. They have just turned negative for the day but they are looking to make history. The eight record close of the year. Right now it just straddling the flatline for the moment. Any move for the upside that means another record. We are less than an hour to the closing bell. Nice move for those right now. One is up about a quarter of a . Perhaps that is what is a floating the transports. Alphabet, and the big showstopper. That is the incorrect term. Hold on im going to put in amazon for the moment. It is up at nearly 2 right now. The ecommerce giant gearing up for something many of you i know our just waiting for. A shopping marathon. The third annual prime date as its called. We are can it take you live to seattle and the headquarters were hillary vann has actually vaughn has actually gotten an inside look exclusively at all of the hottest deals about how its all getting done. And the big sale is not helping other major retailers. They are selling off across the board. Again this is a very tough time for retailers but now that compares to the steep losses we are seeing right now. The shares are plummeting right now. They are down 20 and a half percent. They are touching the lowest in more than 17 years. The they kind of have to announce it. After trying the company is now terminated talks with potential acquires and you could assume that is because nobody wanted to buy at the price they were asking for. Lets listen in to the senate floor. Mitch mcconnell gambling in the session. See mac she told me she saw us starting picture and a segregated deductible. At this rate she wrote i would honestly be better not to take Health Insurance at all and hope for the best. Americans like myself need something better. Premiums have been skyrocketing under obama care for years now. But as much of an average of a hundred 5 in the majority of the states federal exchanges. Unless we act they are poised. The situation is concerning. They could climb as much as 30 in my state over 40 in tennessee and over 50 in georgia. Unfortunately these states are not alone. This is a trend we are seeing all across our country. To make matters worse many had been left behind with your options as obama care has forced Insurance Options literally out of the marketplace. Unless we act the choices will continue to decline on exchanges just as they head over the past several years. I recently shared information about this account about the limited options she found on exchanges. Heres what she said. She said i live in one of the three largest cities in our state. The lowest deductible option she continued 10,000. We will continue to monitor whats going on on the senate floor. Again senator Mitch Mcconnell who is the Senate Majority leader is in essence basically going over once again what he sees as what is a wrong with obama care. When are we minister to see what they have to put forth to the mac and people into the rest of the senate. They will probably start leaking details of this amended draft. Many end of this week. He reports to Mitch Mcconnell. They do expect a vote on health a Health Care Bill next week. They could release an updated draft of that bill they would be sending it to the cbo to be scored. Some of the key issues that held up the better reconciliation where the opioid treatment. He wanted more money. Hes offering 45 million. There was at the discussion about keeping some of the Medicaid Expansion in place and paying for it by not repealing the 3. 8 percent. That upset the fiscal conservatives. Doing a balancing act here. And we will get it details by the end of this week. Some critics say would raise premiums for older people but with lower premiums from people that dont have a preexisting conditions. Heres what President Trump has said about all of this he said for years even as a civilian i listened as they pushed the repeal and replace and now they finally had their chance. Without a beautiful new Health Care Bill. Three weeks until the week until the august recess in congress has every intention of taking that vacation. Every single representative and every single senator that we had interviewed on the show i have always ask would you suspend your august recess and work through it if you felt like it would get the stunt they all said yes. Apparently what are you hearing. You know that leadership will not do that. When you speak to the aide. They say no. This recess is going forward. There is always the possibility they would not take the recess. Here at foxbusiness and everywhere else we been. Weve always come off of vacation if there was a huge breaking story. You can see the Senate Continues to scramble through the repeal and replace obama care. Our next guest has followed a very interesting path. He successfully ran for congress on a staunch obama care platform until he found himself in a totally different position. Unemployed and suffering from a preexisting condition. David jolly is now with us. Thank you so much for being here. In 2014 you won reelection but this is unbelievable. 75 percent of a vote. Tell us what happened in your world between and then and now that triggered a shift in the way you see obama care today. The point of and making is this. Understand the anxiety of our obamacare. It was people who were losing their premiums and the premiums were going up. It was a lie of the year. They would not had affordable care. In preexisting conditions. Those benefits have settled into the politics. Whatever bill they proffer in the next week. The politics they are very difficult. People get used to something talk about your personal experience here once you left what a lot of people feel like its a very general Generous Health care plan. I went through the rocky miss of obama care. January 4 i was unemployed. I have to look at the marketplace. And i do suffer from a preexisting condition. Ive been turned down for Life Insurance policies. But for the protection and obama care there are three constituencies in the healthcare bill. There is a stable low to medium risk there are those who need a Financial Assistance and then there are those who have healthcare conditions were high risk patients. And they are arguing that we need to fix obama care for them. I understand that. Why cant they find somewhere in the middle and by the way paul ryan has been very clear that preexisting conditions at least in the gop bill would be covered. The question is how do you pay for those. It put everybody in the same risk pool and so you are a healthier and stable family. Who has to come up with that. They dont want to tax the wealthier people. Where well that money to keep medicaid in. To keep that in for the states that desperately wanted. The economics of private sector healthcare are broken. We know of the economics are broken. Remove the high risk patients. In a Medicare Program that includes cost share. It removes that high Risk Community of patients. That then allows the private sector market to stabilize markets. If you are still in congress would you vote for what the house has already come through with. Measured against the current reach of coverage it fails that test. The senate should offer their bill next week but dont vote on it. Go home and sell it to the American People. They are going to pass it before the American People ever realize whats in it. And we sought when that happened on the democratic side. Republicans are repeating history right now. I think this is an extremity perspective and we will put this up on our website i think we sent congressional members there to get something done. Into get something shifted a little bit. They definitely try to do that as well. Nearly a 500. When all is said and done were injured. One hundred arrest. Did they really interrupt the economic problem. Could it go down the road. Two whom does it matter. We ask our experts connect. Dentures are very different to real teeth. Theyre about 10 times softer and may have surface pores where bacteria can multiply. Polident kills 99. 99 of odor causing bacteria and helps dissolve stains. Thats why i recommend polident. Cleaner, fresher, brighter every day. So opec is telling us to forget all of the numbers in the spillover. We may have the supply crunch on our hands. That is what they just said saudi arabia and the state oil company in the biggest oil exporter the have of it was speaking at the World Petroleum con conference. The log turd situation longterm situation of oil supplies is becoming worried adding that the lack of investment in Oil Expectations could have a supply crunch in the future. It is projected to jump by 25 by 2040. Why should anybody listen to this. They are preparing to publicly list up to 5 of the shares with the most valuable ipo ever. Especially because the sky obviously has a great need to see the prices move higher. I will tell you what. Historically hes right. If you look at the lack of investment weve seen the biggest pullback. Were talking trades of dollars. We keep talking to all of the oil that we head on hand. And i think people realize that the discovery has really fallen to the lowest level. In Global Demand growth is going to grow. Maybe that is just the Company Economic situation. Why spend all of this money looking for more when they are crunching their numbers and i cant see oil at least in the near term moving a lot higher. You hit the nail on the head. This is why in the history of oil you have always gone from boone to bust. Nobody hedges correctly or has the foresight to look beyond. The truth of the matter is if you look at what has happened in the industry over the last couple of years weve seen the historic pullback. We will depend too much on shale and it will make the difference. To keep the chart up there. Some of them are just pennies a few bucks. At the moment. He used to be a high flyer. Five dollars diamond offshore. Give me a sense for other investors or maybe you are just in those things. It possibly is going to be the biggest ipo ever. When you see all of this new money coming in. That is what is causing that. I think they are waiting for this monster event. You start to see those things. You will invest in all of them at the same time. And i think that is something you start to see more in equities. Gifted by the mall to make sure that you are involved. Give me a sense of whether you would advise people to buy energy they reward the risk here at these levels. Lets see what happens from here and i think it is time for tech as we look at that sector. It has been beaten down. Its still up 15 year to date. Your scene does. Make a bottom here and if weve done it every time. It is good to see all of you. We do look at Technology Today is a real winner with amazon up one and threequarter percent. Tech is so much broader than that in many cases. Good to see all of you. We are 36 minutes before the closing bell. The biggest leaders on the dow 30. Deutsche bank raised it. While maintaining the rating. The stock is at 95. It is one of the biggest lighters on the s p 500. After reports that it is about to launch its own version of the geek squad. They are reporting that they are hiring gadget experts. More than 35 . And speaking of amazon they have some best buys for you. It is annual prime day. Hillary mann live in seattle. She is going to give us a real sense of who this really helps beyond amazon stay tuned. When youre close to the people you love, does psoriasis ever get in the way of a touching moment . If you have moderate to severe psoriasis, you can embrace the chance of completely clear skin with taltz. Taltz is proven to give you a chance at completely clear skin. With taltz, up to 90 of patients had a significant improvement of their psoriasis plaques. In fact, 4 out of 10 even achieved completely clear skin. Do not use if you are allergic to taltz. Before starting you should be checked for tuberculosis. Taltz may increase your risk of infections and lower your ability to fight them. Tell your doctor if you are being treated for an infection or have symptoms. Or if you have received a vaccine or plan to. Inflammatory bowel disease can happen with taltz. Including worsening of symptoms. Serious allergic reactions can occur. Nows your chance at completely clear skin. Just ask your doctor about taltz. If someone cancels plans on you tonight or tomorrow im going to tell you who to blame. Amazon. Starting tonight i am blaming amazon if anyone cancels plans on me. Half the world is going to be sitting at their computers to go shopping where there seems on smart phones. Theyre kicking off the third annual prime day. But just as people complain that amazon is so big that it is extinguishing Small Businesses it may just be the very opposite. It has been at the epicenter of in the sunday. We are just a few hours away. They actually play a busy role. Its a massive cipher traffic that we see. We did 20 times our normal daily sales. It was simply amazing. This is some of the Small Business deals popping online. Also more than 20 off an external battery pack with the built in lightning connector. And more than 20 off a six pack of it natural chewing gum from new york citybased company. Now liz, all of these sales mean recordbreaking shipments. They carried across the country. They are going to be deploying a fleet of prime aircraft that actually take them to the final destination. Within the 48 hour time frame that they promise. I think it is a very interesting way to look at it. Almost through a different prism that amazon which everybody complaints shut down the little bookstore on the corner. What if you can get the items on amazon it could really revive your business. Thank you hillary very much. She is good to be alive all the way through. You have to see as we get closer and closer to the kickoff of amazon prime. Twentyeight minutes away. Thousands of civilians and left nearly a Million People homeless. After nine bloodied months. Vice president dick cheney stating bite with his take on really its true and what it means for the global fight against isis. Today, were out here with some big news about type 2 diabetes. You have type 2 diabetes, right . Yes. So let me ask you this. How does diabetes affect your heart . It doesnt, does it . Actually, it does. Type 2 diabetes can make you twice as likely to die from a cardiovascular event, like a heart attack or stroke. And with Heart Disease, your risk is even higher. You didnt know that. No. Yeah. But, wait, theres good news for adults who have type 2 diabetes and Heart Disease. Jardiance is the only type 2 diabetes pill with a lifesaving cardiovascular benefit. Jardiance is proven to both significantly reduce the chance of dying from a cardiovascular event in adults who have type 2 diabetes and Heart Disease and lower your a1c. Jardiance can cause serious side effects including dehydration. This may cause you to feel dizzy, faint, or lightheaded, or weak upon standing. Ketoacidosis is a serious side effect that may be fatal. Symptoms include nausea, vomiting, stomach pain, tiredness, and trouble breathing. Stop taking jardiance and call your doctor right away if you have symptoms of ketoacidosis or an allergic reaction. Symptoms of an allergic reaction include rash, swelling, and difficulty breathing or swallowing. Do not take jardiance if you are on dialysis or have severe kidney problems. Other side effects are sudden kidney problems, genital yeast infections, increased bad cholesterol, and urinary tract infections, which may be serious. Taking jardiance with a sulfonylurea or insulin may cause low blood sugar. Tell your doctor about all the medicines you take and if you have any medical conditions. So now that you know all that, what do you think . That its time to think about jardiance. Ask your doctor about jardiance. And get to the heart of what matters. We have this and within the last half hour. The days of isis are numbered. This after the u. S. Coalition confirmed that the nine month Long Campaign to retake that key Northern Iraq city. Has ended in victory for the security forces. He congratulates the armed armed forces for their efforts that left much of the city in ruins. Look at these pictures but there is a congratulations going on right now. Nearly 1 Million People are still displaced with the city firmly under iraq he forces will it be able to keep it from falling into fighter hands again. Lets bring in the former deputy. For the middle east vp and now the foundation for the defense of democracy. I think the question about the fate of the physical fate. That is settled. They had been put to flight and it is only a matter of time before they are evicted from their capital in syria as well. But as you say the big question now is how we put iraq in syria back together again. So that we dont just face isis 2. 0 or even worse. A total iranian domination of iraq in syria. I happen to ask t

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