history, we will get to it in just a few moments. ♪ ♪ lauren: coming up at 5:30, i'm lauren simonetti. >> i'm kristina partsinevelos filling in for cheryl casone. lauren: we are silly this morning. congress closing out week with no resolution in sight. >> ray bogan in washington with the latest. >> the house and senate met again thursday with no progress. and with no sign of compromise in sight it's all but certain the shutdown will continue into the new year. >> the house will be in order. >> the house and senate gaveled in and gaveled out simply as formality thursday. capitol hill is a ghost town but at the white house president trump has been ramping up his calls for a border wall using the deadly shooting of a california police officer by and illegal immigrant as more justification writing on twitter, time to get tough on border security, build the wall. republicans want more than 5 billion for border security and wall, democrats are willing to give 1.6 billion. >> i would say the needle has moved towards a very long shutdown. >> in one week democrats take control of the house whi

merry christmas, happy new year, happy holidays, lauren simonetti, connell mcshane, don't go anywhere, more wall street after this. the world is alive as you can see, this time of the year is so much more than a bow and a tree. (morgan vo) those who give their best, deserve the best. get up to a $1,250 credit on select models now during the season of audi sales event. ♪ maria: next weekend on the program hope you'll join us, we have a titan in venture capital world, alan is my special guest, investment ceo john walks us through what he's expecting in 2019 and i will see you sunday morning this weekend on the fox news channel for sunday morning futures, big show coming up. cardinal timothy dolan along with john ratcliffe and congressman david joining the program. smart weekend days on fox business 6:00 a.m. eastern mornings with maria, that will do it for us today, happy holidays from all of us fox business family to yours, merry christmas. see you again next time. ♪ >> hello, and welcome to "wall street journal" at large. now, from the moment the last vote was cast in november's m

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lauren simonetti, connell shane. don't go anywhere, more "wall street" right after this. ♪ ♪ maria: next weekend on the program, hoe you'll join us, we've got titan, alan battery cough is my special guest. plus, what he's expecting for 2019. and i'll see you sunday morning for "sunday morning futures." cardinal timothy dolan, his eminence, will join me along with congressman john ratcliff. and incoming democrat policy and communications chairman congressman david cicilline joining the program. plus, start smart on fox business 6-9 a.m. eastern every weekday, mornings with maria. have a good weekend, everybody. that'll do it for us for today. thank you so much for watching. happy holidays from all of us, our fox business famil to yours. merry christmas. see you again next time. ♪ ♪ >> hello, and welcome to "wall street journal" at large. now, from the moment the last vote was cast in november's midterms, the speculation ramped up about the next election. namely, who the democrats would run against president tr

lauren simonetti, connell shane. don't go anywhere, more "wall street" right after this. ♪ ♪ [speaking in italian] ...i just got my ancestrydna results: 74% italian. and i found out that i'm from the big toe of that sexy italian boot! calabria. it even shows the migration path from south italia all the way to exotico new jersey! so this holiday season it's ancestrydna per tutti! order your kit now at ancestry.com 180 over 111. 150 over 90. 160 over 110. i had a stroke. narrator: this is what high blood pressure looks like. you might not feel its symptoms, but the results from a stroke are far from invisible or silent. if you've come off your treatment plan, get back on it. or talk with your doctor to create an exercise, diet and medication plan that works for you. go to loweryourhbp.org if i would've followed a treatment plan, i would not be in this situation. maria: next weekend on the program, hoe you'll join us, we've got titan, alan battery cough is my special guest. plus, what he's expecting for 2019. and i'

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lauren simonetti has the day off today. president trump talking up the possibility of a trade deal with china after speaking with president chee on saturday. here is what they treated over -- tweeted over the weekend. just had a long and very good call. it is moving along really well. if made it will be very comprehensive covering all subjects. but sources are telling the wall street journal right now. that the president may be exaggerating. the progress in a bid to call financial markets. more challenges for china's economy. the manufacturing activity there. heading in the hitting the lowest level in more than two years. that might put some pressure on the chinese. the partial government shutdown entering its second week. with no resolution in sight. the negotiations between party leaders had not been happening to you typically see. a number of lawmakers in both parties are trying to work out a deal. the current proposal include a combination of funding for the wall and a number of other immigration provisions. that they s

lauren: good morning 5:01 a.m. in new york, wednesday december 5th, i'm lauren simonetti. cheryl: good morning, everybody, cheryl casone. lauren: president trump has declared national day of mourning for the funeral of george herbert walker bush, new york stock exchange a lot with all federal offices, u.s. post office and regular mail delivery suspended. cheryl: some banks and local courts are going to be closed today and the supreme court will be delaying arguments by one day. we are going to have more on the funeral services for president george h.w. bush in just a moment for you. lauren: meanwhile sea of read on wall street, yesterday the dow plunging about 800 points as investors try to figure out if the u.s. and china really reached a trade war truce over the weekend. cheryl: white house is trying to clear up confusion over trade talks, we get that part of the story from our very own blake berman. >> the white house clarifying that the 90-day negotiating window between united states and china began saturday evening and does not start on the first of the year, the pres

lauren: good morning, i'm lauren simonetti. what a day? cheryl: what a day? and looks that the tariffs of the u.s. are starting to take a toll on the economy of china, november retail sales slowed in 15 years, rising but at slowest pace in nearly 3 years. lauren: latest down of weak economic data putting more pressure on china to reach deal with the united states. let's get the latest from edward lawrence. >> good morning, lauren, and cheryl, olive branch to farm nester the u.s., the chinese bought more than $500 million worth of joy beans in 24 hours, this will do little to improve trade deficit. china trying to show president trump that they made changes and will buy more u.s. products, they do not want to see tariffs on $20 billion of goods go up and raise tariff of 25%, the president saying today that the policies brought china to the table to talk. >> look, i have great respect for president xi, i will tell you this, china's economy is in trouble and only trouble because of me. we've taken in $11 billion worth of taxes that i taxed china, $11 billion, we

lauren: happy friday, good morning, i'm lauren simonetti. federal reserve reportedly considering a wait and see approach after interest hike later this month, that's expected. we will see. federal reserve officials are becomeing how fast for rates. cheryl: economists are estimating 200,000 jobs created last month but that's down. we will see how the markets react. unemployment rate to hold steady at 3.7%. average hourly earnings to jump from a year ago, that's inflation story. we will have complete analysis on mornings with maria, job's america special. lauren: president trump is expecting optimism that trade deal can be reached with china. last night the president tweeted, statement from china, teams are having good conversations can each other, i agree, okay. trump's trade adviser peter navarro is taking a much more wait and see approach, listen to what he told trish reagan last night. >> so the question is china going to follow through on 142 items it promised on, in order for them to be a good member of the international trading associat

i am lauren simonetti. >> good morning. i'm cheryl casone if you thought you were going to have a quiet trading day today, well you are not. there is so much news going on, as we approach the holidays, the house, a bill that would fund the federal government through early february 5 billion dollars for border wall increases chance of a partial government shutted. >> hours after president trump refused to sign a bill passed by senate did not include border wall funding. >> i have made my position very clear. any measure that funds the government must club border security, has to not for political purposes but for -- for our country. >> now, president trump is throwing the temper tantrum creating the trump shutdown of the government. >> president trump tweeting thank you to great republican members of congress for your vote to fund border security and wall final numbers 217 to 185 many said enthusiasm was greater than they have ever seen before. so proud of you all, now on to the senate, will they find common ground. >> the p

over to lauren simonetti in for liz claman. lauren: thanks for not calling me whacky. merry christmas. see you in an hour. breaking news. countdown to the shutdown. partial government shutdown a real possibility at this very hour as the senate struggles to get last night's house-passed bill on the floor. that one included $5.7 billion in funding for president donald trump's border wall. reports say negotiations are still under way for the senate to find a compromise. can they do it in the nick of time? >>> the markets are reacting and reacting violently. we are right near session lows right now. the dow enduring from high to low a 616-point swing. right now, down 205 points, so about 50 points from lows of the session. the nasdaq dipping into bear market territory. this is ugly, folks. it is down 2%, 133 points to the downside. the s&p 500 too is lower by over 1%. our floor show traders have instant analysis and are standing by with the tick by tick. >>> and the president warning of a very long shutdown if any bill reaches his desk without money for his national priori

in new york, monday december 17th, good morning to you, i'm lauren simonetti. cheryl: good morning, i'm cheryl casone. lauren: let's get started because the shutdown clock is ticking, deadline 4 days away and trump administration standing its ground insisting that the president will allow partial shutdown in froth if congress does not provide $5 billion for building wall in border. miller calling fundamental issue. >> stop on going crisis of illegal immigration. it comes to it absolutely. cheryl: but senate minority leader chuck schumer says there's little support in congress for the wall. >> even the house which is a majority republican they don't have the votes for his 5 billion-dollar wall plan, in fact, ryan, afraid of what's going to happen sent all the house home till wednesday night, a day and a half before two days before the shutdown and they certainly don't have the votes in the senate. cheryl: federal agencies have been put on notice to begin planning for partial shutdown. we shall see this week. lauren: another big story is health care, back in poli

lauren: welcome back. i'm lauren simonetti in for maria bartiromo. it is friday, december 28th. your top stories. waking up to green this morning, futures up 112 on the dow, 22 on the nasdaq after a wild session across the board yesterday. the dow finished final hour gains, it finished up more than 1% after swinging more than 850 points during the day. the s&p 500 picking up nearly a percent. the nasdaq tacking on just over a third of 1%. meanwhile, in europe, still looking green over there. the ftse is up 1.6%, the dax is up 183 points. asian markets mostly higher overnight. the japanese markets, nikkei down a third of 1%. china up a half of 1%. tackling a growing problem for parents across the country, vaping. the commissioner of the food and drug administration wants to meet with the heads of the e-cigarette companies. we'll break it down for you and the consequences. etchic victory, the creator of the popular game fortnite banking some big bucks in 2018. of we've got details and the numbers, you will not believe. plus holmes and watson nerds a clue. will ferrell getting pret

i'm lauren simonetti. well the united states taking a hardline on the trade dispute with china a lot of news over the weekend on this. u.s. trade representative robert lighthizer says that march first is a hard decline to reach a deal or president will raise tariffs on chinese imports markets caught in cross hairs and this agreement friday between white house peter navarro and economic advisory larry kudlow, of course, which was on your television screen is what happens after 90 days that really triggered a massive selloff. two men tried to narrow their differences on the issue over the weekend. china's next steps are now clear. >> we need structural changes and we need market opening so we need all churl sales and manufacturing sales on like and we need stroll changeses on this fundamental issue of noneconomic technology transfer. well trade talks have been complicate bid arrest of this cfo of the chinese tell come huawei. the bail hearing to meng is resuming today in a canadian court and now accused of v

lauren: welcome back lauren simonetti for maria bartiromo. thursday, december 27 your top stories 8:30 a.m. eastern time breaking news the latest weekly jobless numbers out government shut down that number 216,000 that is down from estimate was 217,000. meanwhile, the bears they are running wild on wall street this morning, futures are pointing to sell-off to tune 329 points on dow markets in europe back open after christmas down arrows across the board there asia mixed performance the nikkei up about 4% in japan. here at home day six government have a been partially shut down about a week now, congress returning from the christmas holiday to washington today, both sides digging in for the long haul shutdown affecting release of key data today jobless claims not new home soles end of era the gap says time to -- manhattan fifth avenue tech stocks taking a hit again technology didn't stop innovation who has the most clever ideas of 2018. and headed for a standoff verizon disney locking horns customers in the cross fire disney channel set to go

. >>> now lauren simonetti, you have been doing a great job. keep it going. lauren: markets are up on this boxing day, where many european markets are closed. we are looking at a bounce-back the day after christmas rally following wall street's worst ever christmas eve session. the dow right now is up 642 points, so basically it regained everything we lost on monday. the s&p 500 is up 70 points. sorry, the nasdaq is up 244. we are looking at a 3% rally across the board. we got strong holiday retail sales numbers and rising crude oil prices. all this as the government shutdown, yeah, it hit day five today with no end in sight. no negotiations going on between the president and congressional leaders at this minute but hillary vaughn is standing by at the white house to tell us if a breakthrough is anywhere in sight. >>> and more details on president trump's surprise visit to iraq. plus this. a frightening new report says the american economy could soon feel the real impact of the trump trade war with china. ambassador terry miller here to tell us what else the

. >> 5:0 1 here in new york thank you for starting your day with us i'm lauren simonetti. >> news overnight u.s. and china kicking off trade talks with a 90-day cease-fire in their tariff war. china's vice premier on the telephone with secretary steven mnuchin and trade representative robert lies highser and they discuss their views on how to move the negotiations forward and about also a timetable for the new stage, the next stage of talks. we get latest right now from our or very own lawrence who is in washington. >> good morning lauren and cheryl to put this in draft materials china is on the clock u.s. trade representative robert lighthizer says march first is firm deadline to meet u.s. concerns on trade or 200 billion or dollarss in chinese goods will go from 10% tariff to 25% tariff. unite wants china to protect intellectual property of u.s. companies also open markets u.s. goods and stop the the force partnership with chinese companies. and representative steve ska is lease on energy and commerce committee says this is a perfect time to level the trade playing field. >> it has all be

lauren simonetti has the details. lauren: the search goes on. police in great britain freeing the 47-year-old man and 54-year-old woman, saying they're no longer considered suspects. last week, drones caused massive chaos at a london's gatwick airport. it disrupted holiday plans tens of thousands of people. investigators are carrying out a forensic investigation on a damaged drone found near the airport. amazon are in the cross hairs of regulators who want to know more about where they derived their revenue. the wall street journal is reporting that regulators are pressing amazon and other companies to disclose more information. in amazon's case, how much revenue comes from prime members. amazon says this information is not significant but the s.e.c. may insist that companies provide more data next year. take a look at amazon shares in the premarket. they're down 1.2%. well, millennials are bringing back the christmas tree. sales for real trees are up about 10% this year, according to the payment company, square. a lot of millennials use square.

lauren: welcome back. i'm lauren simonetti in for maria bartiromo. it is wednesday, december 26t december 26th. let's get to your top stories. we're looking at an up march ge. the dow is up 225 points, these are the highs of the early session. s&p is up 24, nasdaq up 58. this after major declines for all three major indices on monday, christmas eve, when the dow fell 2.9%. the s&p 500 lower by 2.7% and the nasdaq getting hit to the downside, 2.2%. european markets closed for the holiday. asia mixed overnight. the nikkei picking up nearly 9/10 of a percent, the shanghai down a quarter of 1 1%. hang seng and hong kong, that market is closed. jobs in america, how the labor force is shifting in the trump economy. then, the phone wars, hawway is taking a -- huawei is taking a swing at apple as the u.s., china trade tensions heat up. plus, mor jedi in the park, we e a look at star wars galaxy's edge coming soon to disney world. and why today is the absolute best day to buy a new home and those homes look pretty that we're showing you right now. blue collar

i'm lauren simonetti, in for maria bartiromo, wednesday 26th of december, merry christmas. here your top stories at 6:00 a.m. eastern. some early-morning buying on wall street, take a look at futures, markets up 77 points at the moment, we did have triple-digit gain. s&p futures up 10, nasdaq up 17. this after a sharp drop for the major indices back on monday, christmas eve sell ah, investors shaken by the news of treasury secretary steven mnuchin. the dow lost just about 3%, it is on track for its worst december since 1931. s&p 500 down 2.7%, 6 and a half for bear market territory. but president trump throwing support behind treasury secretary mnuchin even as he doubled down on criticism of the fed and monetary policy. >> very talented guy, very smart. >> what about the fed chairman? >> we will see, they are raising interest rates too fast. that's my opinion. lauren: closer look at what all means to the market, close dow 2018, 4 trading days left. european markets closed for holiday, they have shopping over in europe. in asia overnight, hang seng closed, nikkei in japan pi

lauren simonetti joins in. she does some last minute shopping for her little ones. stay with us. ♪ we're simply having a wonderful christmas time. ♪ expedia introduces add on advantage, a new way to save on travel. now when you book a flight you unlock discounts on select hotels that you can use up until your trip starts. so whether you want to go out, stay in, or be in the middle of it all... add the perfect hotel when you're ready, and save. add on advantage. only with expedia. ♪ there's no place likargh!e ♪ i'm trying... ♪ yippiekiyay. ♪ mom. ♪ dagen: six days until christmas and we have a look at gifts you can still get in time to put under the tree for the kids. joining us now, marisa dibartolo with last minute gift ideas. fortnite is hot, right? >> the toys are available they came out a couple weeks ago. these are all from jazzwares. we've got collectible action figures. this is my favorite, the llama drama loop piÑata. kids can open this, it's full of collectibles based on fortnite. dagen: rainbow corn. >> this is a combination of all the hotte

lauren:i am lauren simonetti in for maria bartiromo, thursday december 27th, top stories at 6:00 a.m. eastern time. monster rally at risk. futures pointing to pretty sharp selloff at open. 386 points, nasdaq down 2%, 126 points to the downside, of course, this after the record-setter that we saw yesterday on wall street when the dow jones industrials lost single one-point in history, that's 5% for the dow. the s&p 500, adding up 5%, nasdaq adding almost 6% but we are down this morning, no follow-through at least not yesterday, markets in europe, mixed performance here, cac in paris up a point, ftse down and dax down 166 reopening after christmas holiday today. nikkei in japan big winner, 4%, let's take a look at oil, prices lower this morning after 9% surge in yesterday's big rally, 45.56 a barrel, down 56 cents. setting a day united states and china set to resume trade negotiations in the new year, we do have details on the reported meeting, when will it happen? back here at home, surprising from visiting troops, first trip since taking office, addressing government shutdown and how

lauren simonetti on why. lauren? >> here is inflation for you, neil. new report showing more than two dozen drugmakers planned to raise prescription drug prices next month. that proves that president trump's victory lap over the summer, remember he convinced pfizer and others to roll back their planned increases that was short-lived. novartis will hike prices more than 30 drugs by average 4.7%. bayer to increase prices some 5% on six drugs. mostly their birth control medication. allergan, glaxosmithkline, amgen, astrazeneca, bio again reporting to plan price increases in 2019. that can hit patients who this year, by the way spent over $360 billion on prescriptions that is a 6% increase over last year. many health care officials will argue that consumers don't feel the increases because of rebates and discounts that are offered but the ceo of eli lilly disagrees. >> drug price inflation reported last year in the u.s., .4%. so we don't have a drug price increase problem to the system. we have a drug price increase problem to the patient. why? because the

simonetti. >> good morning everybody i'm cheryl casone. well, with u.s. stock index futures trading lower this morning, after the big jump that we got yesterday, the u.s. china trade deal isn't right one for america and investors seem to be putting up a cautious tone this morning about this situation with the two countries. wells fargo senior economist joins us now as we fake a looking at futures mark. look there seem to be doubts about this. there were reports in asian papers especially the south china post that -- you know chinese wanted all they wanted was an extense but that they're going to delay and delay, and delay why the concerns about the u.s. and china coming to an agreement? >> well i think that initially there was sense of relief that things are not going to intensity or jack up tariffs more on january one. pane i think that's why markets rallied yesterday and today and really even by mid morning yesterday folks realize there's a lot more wood to chop this it not yet and we have a way to go but i sense that this is more positi

lauren: good morning, i'm lauren simonetti. new overnight, talk of defiance in closedly watched speech, the chinese president xi president saying, no one is in a position to dictate to the chinese people what should or should not be done. cheryl: big comments overnight that we have been following, he also said this that china would not develop, quote, at the expense of other country's interest, reiterated opening chinese economy but not unveil any new plans to counter a slowing economy and trade war with the united states. of course, the chinese economy, second largest in the worry worries about slowdown. lauren: we want them to bend when it comes to trade negotiations, i don't know. influential voice right here in the u.s., now advising our federal reserve is not raise interest rates tomorrow, the editorial board of wall street journal writes this, fed chairman jay powell should not pull the trigger, what to do they write, the right answer to ignore politics inside and outside the fed and follow the signals that suggest pruden

over to lauren simonetti in for liz claman. lauren: thanks for not calling me whacky. merry christmas. see you in an hour. breaking news. countdown to the shutdown. partial government shutdown a real possibility at this very hour as the senate struggles to get last night's house-passed bill on the floor. that one included $5.7 billion in funding for president donald trump's border wall. reports say negotiations are still under way for the senate to find a compromise. can they do it in the nick of time? >>> the markets are reacting and reacting violently. we are right near session lows right now. the dow enduring from high to low a 616-point swing. right now, down

. >>> now lauren simonetti, you have been doing a great job. keep it going. lauren: markets are up on this boxing day, where many european markets are closed. we are looking at a bounce-back the day after christmas rally following wall street's worst ever christmas eve session. the dow right now is up 642 points, so basically it regained everything we lost on monday. the s&p 500 is up 70 points. sorry, the nasdaq is up 244. we are looking at a 3% rally across the board. we got strong holiday retail sales numbers and rising crude oil prices. all this as the government shutdown, yeah, it hit day five today with no end in sight. no negotiations goi

lauren: i'm lauren simonetti, this is "after the bell." the

simonetti is here as well as danielle, gary kaltbaum in person in new york and adam lashinsky as well now take a look at this stocks slammed over reports of a deeper economic slow down in china, worse than economist economists predicted a slow down that the president says he should get credit for take a listen. president trump: but i will tell you this. china's economy, if it's in trouble, it's only in trouble because of me. that's the only reason it's in trouble because we've taken in $11 billion worth of taxes that i tax china. $11 billion. we never made any money with china. we lost money with china. in the last four months, we've taken in almost $11 billion of taxes nobody has ever heard of that or knows that. people don't report on that they only report on nonsense. david: so folks the question here, should we be celebrating china's economic weakness, the markets going to be saying no what do you think? >> yeah, let's rip on a place that only those 14 trillion gdp number two in the world and say let's have their economy go down that won't affect anything around the globe, but loo

simonetti is here as well as danielle, gary kaltbaum in person in new york and adam lashinsky as well now take a look at this stocks slammed over reports of a deeper economic slow down in china, worse than economist economists predicted a slow down that the president says he should get credit for take a listen. president trump: but i will tell you this. china's economy, if it's in trouble, it's only in trouble because of me. that's the only reason it's in trouble because we've taken in $11 billion worth of taxes that i tax china.

get your day started off right with myself and lauren simonetti at 6:00 a.m. we'll be back with you wednesday morning to get you set for the first trading day of 2019. you don't want to miss it. more in a moment. your digestive system has billions of bacteria, but life can throw them off balance. re-align yourself, with align probiotic. and try align gummies, with prebiotics and probiotics to help support digestive health ♪ ♪ this holiday season, families near you need your help. visit redcross.org now to donate. cheryl: got some breaking news to bring to you right now. netflix ceo reid hastings and chief content officer ted sorandos will be getting $31.5 million each in 2019. that's a 20% increase for sorandos, definitely earning his keep. "bird box" has left the industry blindsided with incredible streaming numbers. the company said more than 45 million of its 137 million subscribers watched at least 70% of the movie in the first week, in a week, and that's just a conservative estimate. netflix pouring billions into content this year. many of the rivals

lauren simonetti with the details. lauren: merry christmas i guess. lawmakers may be bleary eyed this morning. the senate stayed up late last night to approve the stop gap funding bill to fund the government. the measure kicks the shutdown deadline down the road until february 8th. the bill provides $1.3 billion for the border wall. that is far less than the $5 billion that president trump wants. majority leader mitch mcconnell says it does keep the debate going. >> faced with this, with democrats' failure to take our borders seriously, republicans will continue to fulfill our duty to govern, a simple measure that will continue government funding into february so we can continue this vital debate after the new congress has convened. lauren: now it goes to the house for a vote. the deadline to keep the government open, midnight friday. as in tomorrow. great by taken is gearing up for a no deal exit from the union. troops are on stand by in the event parliament doesn't reach a deal to get great britain out of the european union. businesses are watching

simonetti is here as well as danielle, gary kaltbaum in person in new york and adam lashinsky as well now take a look at this stocks slammed over reports of a deeper economic slow down in china, worse than economist economists predicted a slow down that the president says he should get credit for take a listen. president trump: but i will tell you this. china's economy, if it's in trouble, it's only in trouble because of me. that's the only reason it's in trouble because we've taken in $11 billion worth of taxes that i tax china.

lauren: i'm lauren simonetti, this is "after the bell." the nation says final farewell to president george herbert walker bush. thousands pay their respects and leaders around the world honoring president bush's career, the lifetime of service at the state funeral at national cathedral. >> i believe it will be said that no on pant of the oval -- occupant of the oval office was more courageous, more principled, more honorable than president george herbert walker bush. >> to succeed he had to prevail. politics is not a pure undertaking not if you want to win it's not. an imperfect man, he left us a more perfect union. >> you would have wanted him on your side. he never lost his sense of humor. he never hated anyone. his ephithet? perhaps just a single letter, l, for loyalty. it coursed through his blood. loyalty to his country, loyalty to his family, loyalty to his friends, loyal to the institutions of government and always, always, always, a friend to his friends. connell: some memories there from those who knew him best. former president g

jack hough is here and lauren simonetti here to start with volatility. stock markets were killed last week. jack, what do you think will happen this week? >> you were calling that down 400 number on the dow, a leftover. i hope it stays a leftover because this looks like a weak start. what i look forward from here, there's only two real things that i'm confident about. one is i think we will get about 5% earnings growth from corporate america next year. we have the estimates. they are coming down a little bit. that looks to be where they settle. i think we will get 2% on our stock dividends next year. if stocks rise in line with earnings, you think maybe we'll get a 7% return. everything depends on whether stocks become more popular or less popular with investors, whether that price earnings ratio rises or falls from here. david: brian, what do you think about that estimate? >> yeah, well, actually i think profits are going to rise closer to 10% next year. in fact, that's kind of the consensus -- that's the consensus of analysts. it is what happened this

lauren simonetti coming up elon musk versus sec latest controversial comments after this break. so no matter what you trade, or where you trade, you'll only pay $4.95. fidelity. open an account today. >> welcome back elon musk with some tough talk for the securities in exchange commission last night. gerri willis welcome to that stock. as well as the broader market real comeback this morning. jerry. >> that's right we're looking at a comeback from the base of brexit talk as they do in london meantime musk with strong words for the fec frightening our monday morning. listen to this. >> look at you. i want to be clear, i do not respect the the fec. i do not respect them. >> but you're abiding by the settlement, aren't you? >> because i respect the justice system. >> so in addition to that he also says he can get anything done he wants because he's tesla's biggest shareholder also we want to tell you about a ge board of director member paula a lot of experience former vice chairman oversaw restructuring ceo of duke energy and casualty maria back to you. >> thanks so much. great sho

lauren simonetti in the newsroom with the latest. >> connell, those protests turned violent as well as deadly. a state of emergency is one option on the table to deal with the unprecedented protests in france. they have been going on the past three weekends. another is scheduled for this coming weekend. they left the street of paris as a war zone. they were organized as yellow vest movement to protest president macron's taxes on fuel, which he says are necessary to combat crime mat change, they are morphed to the general feeling that the young leader is out of touch with ordinary citizens struggling to make ends meet. not only have the demonstrations become dangerous and they have affected business. revenue for hoteliers and restaurants is down some cases 50% during the critical holiday season. in addition if you look at instruction struck, key roads are danned or blocked by protesters. these are the worst disturbances paris has seen in a generation. they're bringing people from across the political, economic spectrum together complaining about inequality. pretty severe stuff. connell:

to market watcher richard leone and "fbn:am" host lauren simonetti. it is good to be here in new york. they have the lights, the trees. i saw you shaking your head when you talk about the president giving out market advice? >> he seems, he views the stock market as a gauge of his popularity. so when it comes down, the market averages are off 15% in the month of december and you've got the dow and s&p, more so the s&p teetering on bear market in territory and the nasdaq in bear market territory you somewhat have to take credit on the way down too but he is passing blame on to fed chair jay powell. blake: richard, you're somewhat of a bull going forward here? >> i am. looking into the underlying economy in 2019 i think it is very healthy. we can't forget the consumer 2/3 of the u.s. economy. the consumer has two big tailwinds now. the first is low energy prices and secondly supportive labor market which we think will drive consumer spending well into 2019. blake: we're seeing some with the christmas sales. christmas sales are up. >> issue for wall stree

post office could cost amazon big time, lauren simonetti with details now. lauren. lauren: president trump appointed commission making recommendations to get the u.s. postal service profitable again and those recommendations are hitting the stock prices of these companies, amazon, ups and even stamps.com. so this task force is saying that usps should have flexibility to raise rates for nonessential mail but not saying how much and because of confidential agreement we don't know how much the companies currently pay, however, this is the estimate, 10% increase in rates would increase amazon's shipping costs by at least a billion dollars a year and also estimated that the post delivers about half of amazon's packages and most of them are last mile of journey that go straight to doorstep because the postal service has to deliver all the time everywhere they are able to do that at whatever cost. amazon as you know has been a frequent punching bag of the president, he called them the post office their delivery boy back in april which basically sparked the formation of the

lauren simonetti is sharing the potential top 10. lauren: meghan markle and robert mueller and in the same place as well as donald trump and vladimir putin. i'm a little foggy this morning. let's give you the time person of the year short list for 2018. you can see, looking at this list, that in the running are -- show me the list. jamal khashoggi, he was the saudi journalist that was murdered. donald trump, he took the cover in 2016. he was the winner right after he was elected. this year, donald trump making the short list for his controversial policies including a policy on separated families. families that were affected by his zero tolerance policy that has ended but still kids remain not united with their families. so separated families is an option. vladimir putin of course. he won a landslide vi victory fr another six years back in march. he's on the list for the russian poisoning of the ex-russian spy an tensions with the ukraine. robert mueller makes the list. the march for our lives activists, after the school shooting at s

-china trade as second canadian now detained in china, lauren simonetti with all the details now, lauren, this is getting worse. lauren: big question is there's optimism on trade deal or progress on trade but is that being undercut by the diplomatic spat, let's begin with the optimism on trade that we are seeing, china says they are going to increase access to foreign companies in their country and the wall street journal is reporting that they'll draft replacement for their made in china 2025 program essentially that's their blueprint to be the leader in tech and industry in the future. and that draft will allow foreign competition and access to their market. the worry is that they're just saying this, this could be cosmetic change and not real so to, quote ronald reagan, trust but verify, also if they do open up market, this could be good believe it or not for domestic companies in china because without state support maybe private business in china can do well as well. let's get to second part of this which could be bigger part of china story. after the huawei case when sabrina mung wa

lauren simonetti has the details in terms of analysts complaining about oprah winfrey. lauren: let's take a look at what this is doing for the stock price of weight watchers. if you look at the chart since june, the shares have been cut in half. it was $103 in june, closed at $49.77 yesterday. you spoke about oprah winfrey, which reminds us of the good old days. watch this. >> this is the joy for me. i love bread. i love bread. i now just manage it. so i don't deny myself bread. i have bread every day. lauren: i have bread every day too. you remember a that the he three famous words, i love bread, saying that in a gluten free world, that did wonders for the company. oprah winfrey still is at the company. she still sits on the board. she has a sizable stake in weight watchers, which is called ww, by the way. she has a stake and a big presence in ww. she hasn't been in any of the marketing. they've turned to other celebrities including d.j d.j.khalid. oprah has her own line of nutritious food, pizza, soups and sides and competition from hello fresh, whole foods, plated, b