Transcripts For FBC FBN AM 20160527 : vimarsana.com

FBC FBN AM May 27, 2016

Nicole lets check out u. S. Stock market futures ahead of the opening bell. Dow up nearly 2 this week. This moment not to bad. Nasdaq is up about 5 points. Lauren in asia japanese stock edged about a third of 1 . In china, however, the arrow down fractionally. Nicole the driver of stocks oil prices, oil above 50 a barrel for the First Time Since october. Right now 49. 01. Lauren donald trump lays out vision. U. S. Policy and its a lot different than president obama obamas. Nicole warriors and thunder face off for a game five. We will tell you who is in and who is out coming up in sports. Lauren its friday, 5 01 in new york. May 27th, long weekends plan, markets closed on monday. Welcome to fbn am, first look at morning markets, breaking news and what to expect for the day ahead. Nicole breaking news this morning, president obama in hisroshima, jaip to visit, remember the victims of the atom ic bomb, 140,000 people were killed by that bomb. President obama spoke just a moments ago. Their souls speak to us and what we might have become. Nicole president obama did not apologize for the bombing and sot critics say that could allow japan to stick knot the narrative that painted as a victim. China and south korea say japan is not a victim. Laurp lawyer now to the race to the white house. Donald trump winning the number of delegates need today clinch the republican president ial nomination, the Associated Press has confirmed. Trump hit the magic number after a nationwide survey of unbound delegates. He held a big rally in montana last night. Its going to be a big wall, a beautiful day. One day when im goneso, maybe theyll name it after me. I dont want a wall named after me, thats okay. I want a statute in washington, d. C. Maybe share it with jefferson or something. Lauren coal, natural gas and other sources to push the nation toward energydependence and pull the u. S. And approve keystone pipeline. Nicole Bernie Sanders narrowing the gap with Hillary Clinton in california. A new poll by the Public Policy of institute shows clinton leading by just 2 , 46 to 44. That is within the margin of error. California is holding its primary on june 7th. Same organization showed clinton leading by 7 . Sanders on Jimmy Kimmel Live. Turns out that every Single National poll and every single state poll Bernie Sanders does often a lot better against donald trump than does Hillary Clinton. I think if the democrats want the candidate who is most likely to defeat trump and beat him badly, i think youre looking at the guy. [cheers and applause] nicole well n that interview, kimmel asked him about a potential debate with donald trump and sanders raised the prospect of the event saying, quote, you made it possible for us to have a very interesting debate. Lauren all right, Hillary Clinton defending her use of private email account saying her actions we are permissible, this comes after result of state inspector said clinton ignored clear guidance that email broke federal standards. This report makes clear that personal email use was the practice for other secretaries of states, but it was still a mistake and as i said many times fi could go back, i would do it differently. Lauren clinton also said voters will be looking at the full picture of what she has to offer, life, as well as her service. Nicole egyptian officials detected emergency signal. It could help them locate on the floor of the Mediterranean Sea. Authorities say the search zone has now been narrowed to a radius about 3 miles, the plane traveling from paris to cairo with 66 people on board crashed in the Mediterranean Sea last week. Lauren u. S. Health officials report the first case in the United States of a patient with an in a patientresistant bacteria, it was discovered in the u. S. As urinary tract infection. Superbug could be potential danger for routine infections if it does spread. As we head to holiday weekend, janet yellen may move markets this afternoon. Bond market in Trading Volume could be light as investors do head out of town, but this afternoon just 45 minutes before the bomb market closes for three days, janet yellen is to speak at the event in massachusetts, investors will be listening closely. Former chairman told niel cavuto that fundamentals must be fixed. Entitlements are crowding out savings and hence Capital Investment, Capital Investment is a critical issue in productivity growth and productivity growth in turn is a crucial issue in economic growth. So we are running at the end of the of this spoird to a state of disaster unless we turn it around. Nicole alan green also said that the what the fed does at this particular stage is less important than what markets are doing. Lauren before the market opens, we get the second estimate of the First Quarter gdp. The number has been revised upward in each of the previous three quarters. Gdp came at a meeger half of a percent growth, higher than. 9 growth. Nicole lets get you caught up on the ga, nikkei in japan up onethird of 1 and south korea cas pi up more than half percent. Lauren dax in germany down 22 points. Nicole right here at home as we await to here from janet yellen today, we have a winning week almost 2 this week. Right now dow futures unchanged. S p just up slightly and we saw the same for the nasdaq. Lauren look at oil, crossed for the first time, 48, 97 cents a barrel. Gold is up just a bit to 12. 34 an ounce. Nicole campaign for higher minimum wage, our own jeff flock reports. Jeff lauren and nicole, quite a week for mcdonalds, two Straight Days of protests one in Flagship Store in chicago and one in shareholders meeting, people coming by the thousands from all around the country to make the case for 15 as a wage for mcdonalds worker also saying that they dont believe that the higher minimum wage would cost jobs. If they were going to replace us for automation for more profit, they would have done it already. Jeff also the other side of the story, a Shareholders Group says mcdonalds has been too easy on the workers and done too much stop giving the liberal activists an inch. Too much Corporate America bends to the left and gets them no where. Jeff stock is up and sales are up. I guess people would say thats a good time to ask for a raise. Lauren, nicole, back to you. Nicole despite the protests mcdonalds shares have been hitting alltime highs, up 25 in the past year. Lauren a federal jury found that googles use of oracles Java Software did not violate law. Verdict is sixyear development of copyrights, oracle says it will appeal the decision. Nicole 4,000mile under sea cable from virginia to spain, latest of about cable being built by Tech Companies to deal with the increasing demand for bandwidth. Demand for bandwidth has switched to companies to providers. Lauren thats really cool. Oil traders are moms and millennials, for some individual investors crude oil is the new hot trade. Fell at the lowest level back in february but surged about 90 since then. Sponsorship afl brazil faces shrinking academy. Dollar store has shine in retail. Dollar general and dollar tree reporting sales growth and higher traffic with plans to expand. Nicole well, coming up memorial day weekend and, of course, time to remember our troops that served and sacrificed for our country. Also the unofficial start of summer. Up best, the business in memorial day. Gas prices are currently 48 cents lower at the same time a year ago. Lowest summer prices since 2005. Thats inspired a lot of people to, in fact, take a road trip. Nicole 89 of you will be driving. Weekend weather forecast. Fox meteorologist maria molina in the middle of that, live report for you. Youre watching fbn am, first look at morning markets and breaking news. Nubbing nick good morning, its 5 15 a. M. In new york. President obama is in hiroshima, japan, first sitting president to visit the site of the atomic bomb. And Donald Trumps first indepth speech about policy lays out a simple formula, star drilling a lot for oil and gas, speech came after trump secured enough delegates to secure the nomination. Before they leave for long holiday weekend, the investors will have the estimate and also a speech by the fed chair, janet yellen to think about. Thats worth noting. After a winning week thus far, one more trading day. Stocks are looking mixed this morning. S p down fractionally and nasdaq up about 4. That is whats happening now, lauren. Lauren its time to remember the troops who served and sacrificed for our country but its also the unofficial start to summer and that means consumers are spending money. Break out and fire up the barbecue the unofficial start to summer is here. Memorial day is the start of the season and its a big weekend where people are enjoying hot dogs on the grill and enjoying outside weather for a change. Lauren National Hot Dog and sausage council, people will eat about 2 million hot dogs this weekend. 28million americans will plan to go somewhere this weekend. 12billion on trips, 300 bucks each. Memorial day travel is going to seem busier than ever this year specially with tsa backup that we are seeing. Biggest advice to get to the airport three hours early. Lauren that could be why most american wills drive. Hotels where you can easy i will go in orbits and promow codes and take advantage for a short weekend get away thats not going to cost you a lot of money. Gas prices are 48 cents lower same time a year ago. Oh so thats inspired a lot of people to, in fact, take a road trip. Lauren memorial day weekend is time to go shopping, deal experts say youll find the best deals with appliances, spring clothing. Take a look at this chart, the average price of gas this memorial will be 2. 31 a gallon. The highest price on mem memorial day was back in 2014 when it was 3. 66 and i couldnt tell you that since then americans are expected to safe 160 billion. Nicole happy describing. Louisiana the first state to make violence against police a hate crime. Governor edwards, the son of a sheriff signed the bill in law yesterday. The Blue Lives Matter bill, protections and increased penalty under louisiana hate crimes law. It now includes police officers, firefighters and First Responders that become targeted as victims due to their profession. Lauren coming up nba playoffs head up as thunders and warriors in crucial game five. Find out if warriors were able to hang on. In stanley cup we will tell you who is in and who is out. Feldenkrais. Correct. [cheers and applause] a nail biter in the National Spelling bee. We are going to have the winners for you. Right now youre watching fbn am, good morning markets. Keep it here. With centurylink as your trusted technology partner, youre free to focus on growing your business. Centurylink. Your link to whats next. Pretty much a good day for me would be people leaving their hands off of me. Im always called names. Um, everywhere that i go theres always someone calling me names, calling me gay. Ive been choked. Thrown up against a wall. Punched. Nobodys ever tried to help me. Okawhoa ady . [ explosion ] nothing should get in the way of the things you love. Get americas fastest internet. Only from xfinity. Feldenkrais. Thats correct. [cheers and applause] gesellschaft. That is correct. [cheers and applause] i wonder if they know what the words mean. 13yearold declared champions after roller coaster trophy and received prize and cash. Nicole amazing ability. Good sportsmanship. Now, lets take a look at the latest on the world of sports. In the nba werches conference finals headed to oklahoma city, the warriors stave off elimination. Klay thompson, the thunder will have another chance to close out the series at home tomorrow night. And in hockey, stanley cup finals are set, penguins took out the tampa bay lighting in game 7 with a 21 victory. Bryan scored two goals in the second series to help the penguins lift the trophy. Face the san jose of game one of stanley cup finals. And the 100th running of the indianapolis 500 with a sellout. The memorial weekend classic does not give up exact numbers. About 250,000 while 70,000 infield general admission tickets are also sold. This is the first time in at least 20 years that the race has sold out. The indy 500 begins on sunday at noon. Lauren all right, lets get you caught up on Global Market action overnight. Nikkei in japan rising today. It was up. 4 . Hang seng and hong kong. 9 . The kospi up. 6 and the shanghai down just fractionally. Nicole dax in germany down about two tenths of 1 . Same with france, cac quarante, down about two tenths of 1 . Lauren lets do weather right now. Tornadoes ripping through kansas. We have maria molina in abeline, kansas. Hi, maria. Maria hi, good morning, on wednesday we had a tornado rip through this area in kansas, this is an area just to the east of selina, kansas. Maximum peak winds of 100 miles per hour. Take a look at the scene behind me. You can see complete destruction and this was very sturdy, you had concrete blocks, you had brick structure out here and completely destroyed. We have seen to many belongs that belong to the families across the region and really heartbreaking and now they are left to pick up the pieces but yesterday we had to deal with another round of Severe Weather with heavy rain rolling through. We had severe thunderstorm in effect and torpid that possibly touched down just to the northeast of our location yesterday and National Weather Service Crews will be heading out and determining whether that, indeed, was a tornado touchdown, so they will be confirming that and estimating the strength of peak winds. Today we are expecting more round of severe storms, lagger hail, the threat today is lower, but the threat wasnt as high as yesterday when the tornado that ripped through this area on wednesday moved through. Thats something to keep in mind again. We do have a threat yet again today for more severe storms and the possibility of Severe Weather across portions of kansas and extending parts of oklahoma and into texas. Make sure to stay safe out there. Flash flooding as storms create heavy rains across the area and take a look here, you can see that we have puddles out here and we had floodings in portions of kansas because of the storms rolling through this region. So stay safe there out again. Lauren you too. Maria lets head over to you. Lauren maria, thank you, we will be right back if legalzoom has your back. S, over the last 10 years weve helped one million Business Owners get started. Visit legalzoom today for the legal help you need to start and run your business. Legalzoom. Legal help is here. Honey, we do . We need to talk. I took the trash out. I know. And thank you so much for that. I think we should get a Medicare Supplement insurance plan. Right now . [ male announcer ] whether youre new to medicare or not, you may know it only covers about 80 of your part b medical expenses. Nicole breaking news this morning. A historic moment and controversial moment as president obama becomes the first sitting u. S. President to visit hiroshima, the site of the nuclear war. The president is not apologizing for the bombing. Lauren hi, im lauren simonetti. The nation prepares to honor our troops who served and sacrificed for our country. Whether he get you set up for the long memorial weekend ahead. Nicole this is the friday before memorial day and usually quiet on wall street, maybe not today because we will get how the economy is growing and hear from janet yellen with her views on the economy. Lauren ahead of all of that, lets check futures this morning, winning markets for stocks, dow 2 on the week. First up week in five but today cautious trading. Nasdaq futures up by 6 points. Nicole in asia japanese stock edge about a third of a percent higher and in China Shanghai composite fractionally. Lauren oil did cross 50 bucks a barrel for the First Time Since october. Right now pulling back down 1. 1 as 48 and 58 cents a barrel. Nicole speaking of oil, donald trump lays vision for policy and a lot of different from president obama. Trump clinching gop nomination. Lauren thunders and warriors face off in crucial game five and in hockey we will tell you who is in and who is out. Nicole it is friday may 27th. Welcome to fbn am, first look at morning markets, breaking news and what to expect for the day ahead. Lauren breaking news this morning, president obama is in hiroshima, japan, becoming the first u. S. Sitting president to visit. The president later reads to remember the victims of the atomic bomb about 140,000 people were killed by that back in 1945. President obama spoke moments ago. Their souls speak to us. They ask us to look inward, take stock of who we are and what might become. Lauren but the president did not apology for the bombing and some critics say that could allow japan to sit as narrative that paints it as a victim. Japan is not a victim. After his weaklong trip to asia the president schedule today return to washington later today. Nicole well, now on to the race to the white house. Donald trump winning the number of delegates to clinch the republican nomination, the Associated Press has confirmed donald trump hit that magic number of 1,237 after a nationwide survey of unbound delegates. He held a big rally in montana last night. Its going to be a big wall, its going to be a beautiful wall. Some day when im gonso, maybe they will name it after trump. I would really much have a statute in washington, d. C. I dont want a wall named after me but thats okay. I want a statute in washington, d. C. Maybe share it with jefferson or something. Nicole donald trump also unveiled his energy plan in north dakota and would unleash production of oil, coal and natural gas and other sources

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