>> ford is going to challenge those 2011 highs before the end of the year. you will want to be long. >> buy citi. >> that does it for us. have a great weekend. dow has been down nine of 11 days. right now it is up 68. welcome to "power lunch." how bad might things get for the markets before a debt ceiling deal? according to cramer, really good pee cnbc.com article, really bad. see why we may be putting the labor department out of business. and the furor over fifa. soccer's governing body may be on the verge of admitting making a terrible mistake. and they may pull the world cup

out of the country getting ready to host the world's biggest tournament. michelle is filling in. >> take a look at what the major averages are doing now. dow is higher by 70 points. nasdaq is up 33. russell higher by nine. the ten-year gold and oil at this hour, ten-year yield is at 2 prn -- 2.6 5%. volume dilt index is up 8% this we week. i'm not talking about a huge spike. speaking of volatility, when it comes to protecting individual investor, this is mad money man jim cramer last night. >> i, like you, am tired of hearing neither side wants to negotia negotiate. i like you think nothing will get done until we are at a hardship. you know what moment we are at?

the moment we start. the moment we start cutting the earns estimates of the companies we follow. this goes to this. cut numbers. we are no longer in a hurry to do things fast. why bother if three weeks from now the government will default, who will spend and travel? who is going to want to eat out in that situation? each business i'm involved this is a service. i know i'm what i'm talking about here. i'm nervous. >> here with me is jeff cox. i was just saying this is depressing. you have a terrific article on cnbc.com. finding a similar view as jim cramer. tell me about that. >> hangs. let's back up. three points we need to make here. first point is i think the white house, administration, is looking for a t.a.r.p. moment. remember five years ago, t.a.r.p. was brought before congress. it failed. the markets went into panic and we got a deal. i think they are trying to do the same thing here. talk of a possible default. second point here is what happens if we do default?

indeed getting a lot of chatter out there, talk about the fact that consequences would be dire whether your social security recipient, medicare, you can break the buck on the money markets. bad stuff. the their point here, so par, market is not buying it. market is saying we don't care. if you look at the credit default swaps on u.s. debt they doubled in price all way to 3% over the fall. they are saying 3% probability of default. market is not there yet. >> even though they have widened out. you can still not significant at this point. >> yes. >> thank you so much. >> let's get the view from the street. joining us is kenny and ben willis. >> i'm not buying it. i'm not buying it. i don't think that they are going to allow the country go into default. >> default means they miss an interest payment on the debt. technicality default. >> i don't think -- i don't think lit happen. boehner has come out -- >> around the world the banks will no longer accept u.s.

treasuries as collateral. >> really? i just don't think that d.c. and congress is that short-sighted to think we should go into a default. >> further question, technical default, some -- one month -- t-bill, lee days late, does everybody who owns treasuries in the world sell them? >> it could be a bloodless world why the whole act in the circus we are watching in d.c. is an act of reese only by the tea party that is pulling this crap, quite frankly. for a lack of baiter term. reality is that technically they will default maybe ugly and damage the image and the reputation of the united states of america and will not be a credit event and activate this -- credit default swap market which is why they are not trade. >> embarrassing and this lehman-like stare into the abyss, it will be horrendous and treasury threatened yesterday. month. >> exactly. but -- they -- you have those are the paid characters of the people that are -- that are running our circus in

washington. >> for what? >> that being said, if suddenly the government has to balance its budget overnight, will will be a reduction in spending. that could be deeply recessionary. >> right. absolutely could be. that we understand. also, listen a lot of people that understand we have to do something. right? we get it. are they going to let -- congress going to let this go into default? i don't think -- >> this tape is telling you they are looking for a settlement. y yield are rising. >> not by much. >> you had scared money and you have to be -- to wise if you are handling other people's money. we will see come to a conclusion. >> thank you, guys. >> all right. sue? >> thanks so much. all right. month jobs report because of the government shutdown. don't worry. we did our own. here is what senior economic reporter steve liesman with the exclusive squawk box employment report. you had a joke for me this

morning. >> put the labor department out of business. they are already out of business. they are not there. we just couldn't stand it. we sent our own hampton pearson out to the labor department anyway. >> septembunemployment rate, we know. average hourly earnings, not released. you have to forgive me, but after doing this the better part of 15 years, i'm going lou jobs report data withdrawal right now. >> i was also in withdrawal so i got out my slide rule to calculate our own official number. it was light. 158 compared to contentious of 181. this is sort of standard economics here. simple stuff here. take all of the points of claims on one hand. and payroll on another. and see where they coincide. draw a line. that's where it was last month. this is where the estimate put at this month with claims at 311

thousa -- 311,000. sheer one with ism and jobs. sheer where they center around and there is where it was. it would be for this month with a composite of 54.6. up there right around there. let me show you. four times i did it with four different numbers. claims at that level suggest jobs level of this. adp level at this. the math is boring but ism suggests jobs of this. nfib, net jobs increase of 9%. 100,000. some very sophisticated mathematics. i averaged them all up. coming up with our forecast at 158,000. now i hope you have a little laugh because i want goat serious. dennis lockhart telling "the wall street journal" yesterday, quote, less data is not helpful engaging in where the economy is and where it is going. that makes me more cautious. possibly the lack of data, flying blind here. >> they don't get the number. even show it is not being

released they don't have. >> it that's an interesting question. i don't know the answer to that. you stumped me on that one. >> maybe they get. >> it i doubt they get it. i don't know that it was calculated. i'm pretty sure it was collected. >> not calculated. >> here is the question. how much longer this goes on, i think -- are they going to be able to collect? >> that's the question. >> two months. >> if you can do this and -- works pretty well, what do you need the labor department for? >> exactly right. >> because the labor department does what is an outstanding job of collecting and creating this data. they have a massive sample size. 50,000 phone calls over from the best economists out there. i can take existing data and come with an approximation and it is okay. it is not a real number. they will revise it next month. revise it a we are later. every economist i talk to says the government does a pretty good job of this. whatever you may think about what the government does in other things, creating the public good of the data, they do

pretty well. this is not a replacement. it is found do. >> we have to interrupt. we have to listen to president obama on tape. >> establishment providing a 10% discount to all federal workers who are on furlough. that, i think, is -- you know, an indication of how ordinary americans look out for each other. aren't obsessed with politics and trying to extract concessions out of each other. they try to make sure that everybody is doing their job. and -- that we are doing what's best for the company. and right now the house of representatives has the opportunity to do the exact same thing. this furlough -- this shutdown could be over today. as i said yesterday, if speaker boehner will simply allow that

vote to take place, we could end the shutdown and a whole bunch of families, not just here in washington, but all across the country, will have the certainty that a paycheck will be coming and they will be able to make their mortgage and be able to pay their expenses, and they will be able to look after their families and we can get back to what we should be focused on every day. that's how we make sure we have a strong middle class in this country. by anybody is willing to work hard, can get ahead. when it comes to negotiations, i have said i am happy to have negotiations with the republicans and speaker boehner. on a whole range of issues. we can't do it with the gun held to the head of the american people. reopen the government and make sure we are paying our bills. two basic function it is congress has. take your cues from folks like

this. you know, who are more interested in making sure this everybody is being treated fairly and properly and less interested in politics and scoring points. all right. with that, i'm going to order. let me -- >> all right. president obama, moments ago. that was on tape. we saw john boehner earlier this morning around 11:00. war of words continues. no solution yet to the shutdown of the government. moving to business news. big growth but big losses, too. that sums up twitter and ipo filing. battle on to get the company listed. who is going to win? nasdaq or the nysc. julia boorstin is live. you spotted p the cfo there. >> that's right. was just couple much minutes ago. half hour ago. we saw him checking into twitters headquarters here behind me. he was checking in to security, i asked him what his agenda was

for the day. he said he just happened to be in the neighborhood. it is very clear that right now he's meeting with twitter's executiveser to convince them to list it on the mass dakota. sources are telling me earlier this week it met with the new york stock exchange representatives and it is still leaning towards the new york stock exchange. trying to avoid facebook's disastrous ipo. twitter may not just end up on a different exchange. twitter reveals that it and taste book are very different companies. twitter is much smaller with 200 million users. twitter is growing much faster than facebook. facebook w fa facebook was profitable at its ipo filing but twitter is losing money. why the discrepancy? facebook always smas sort of

advertising making a push in 2006. twitter had not advertising for years only starting to sell nads summer of 2010. and mobile ads last summer. white comes to mobile, twitter has the advantage. 65% of its ad receive knew comes from mobile. right now facebook only has about 40% of receive knew. >> that's a huge difference indeed. thank you very much. when the time comes, should you invest in twitter? jeff is at the cme. he loved facebook and has been rewarded for sticking with it all the way down and all the way back up. welcome. it is nice to have you here. you know, jeff, i have to applaud you. that was a painful trade for a while on facebook. >> absolutely. you know, hi black eye for a while. i had conviction in the trade. i believe in it. once you focus on the mobile strategy you deliver. once the flip was switched bam. that's where you saw they moved to the upside. >> scott, did you not like

facebook. for a while there you there you were right on that particular trade. have you changed your mind? you still wouldn't touch it? >> no, why would you buy it? >> they have a tough time monetizing mobile. they started to figure it out. it is up about 33%. you had that sickening work cut in half. over that time what's the s&p done? if you include dividends it is up about 33%. why take that roller coaster ride? tricks are for kids. i'm not -- i'm trying to invest here and make money. not have a roller coaster ride. >> stick with me for just a second. dominick joins us with the market blast. big ipo movers. >> investors are hungry for potbelly. sandwich chain is more than doubling in its debut. value in this company, low priced menu items appeal to customers in a tough economy. at $936 million. priced at 14 bucks a share. above estimates. potbelly sales were bris income 2012. receive knew rose more than 15%. it has 395 outlets.

mostly, though, in the midwest. wasn't a great day for other ipos. cherry hill mortgage investment. down about 8%. after pricing at 20 buck as share. oci partners which owns and operates a meth moll production facility down in texas is down about a percent after pricing at 18 buck as share. finally, take a look at, get this, all right, you have to bear with me. tweeter, not twitter, tweeter home entertainment. ticker there is twtr. investors are making it -- mistaking it for the twitter ipo which is not happening until later this year. this stock was up as much as 1800% on heavy volume. 14 million shares being traded and, again, this is not twitter. keep an eye for those imposters. back to you. >> i'm surprised, we have been doing this store why -- go ahead. >> that's amazing. that underscores the investor demand. the reason why we are going to

see -- a small offering. folks are focused on that. they came and bought the living life out of the wrong symbol. we are still seeing investor debate. they want to get in. facebook, 41% of the revenue coming from mobile. they are three-quarters -- almost 75% in advertising dollars are flowing towards mobile now. >> jeff, would you buy twitter? >> absolutely. >> scott? >> the next time he keeps something below 140 words will be the first time he does that. the problem with this company is -- that even if they had zero expenses, zero, it would still take you welfare years to get your money back. they don't have zero expenses. they have a bunch of expenses. their expenses are higher than their revenues. they are losing money. >> hang on. >> neat service but losing money. what do you call something here's neat that loses money? it is a hobby. >> there you go. have to leave it there. >> it is not resonating with some of the gray-haired people

like scott but a company that's in its infancy. it will be a buy. >> on that note, thank you so much. michelle, down to you. >> the gulf coast is bracing for tropical storm karen. expect it to make landfall this weekend. julie martin is tracking the big storm. >> karen has weakened a little bit and not looking quite as healthy. according to the national hurricane centers last advisory a couple of hours ago. right now those winds are at on 50 miles per hour. it is moving to the northwest just barely at around 10 miles an hour. you will notice all of the thunderstorm activity here, well the center of karen is really over this way. that gives us an indication that it is encountering dry air and shearing in the atmosphere. weakening. we do expect karen to make landfall somewhere in the south. louisiana coast around saturday. it is quite possible it will make a second landfall on sunday in between, say, mobile and

panama city. we are looking at tropical storm impacts from storm surge. localized spots, we could see flooding. in terms of the wind we are not expecting a ton of strengthening from karen at this time. >> thank you, julie. we got oil and other energy prices rises on fears about destruction caused by the storm. sharon epperson is tracking the action. >> what traders here are worried about are what kind of disruptions may occur as the storm goes through the gulf of mexico and, of course, it is going through the central gulf now. there are a number of factors to consider. first of all, 16% of u.s. oil production goes -- right there in the gulf of mexico. 6% of natural gas production is in the gulf of mexico. there are some serious considerations to take here. and traders are watching this and as a result we are looking at prices that are slightly higher here for oil and natural

gas. not as high as they were at the start of the session. oil, though, is on pace to have its first weekly gain in three weeks. we are watching what's happening in terms of the shutting of the facilities. right now according to the energy information administration, oil and gas firms in the gulf of mexico are down to 80% of their average daily output. key ones to watch, bp shut its operations in the deep water gulf. biggest operator there in the gulf of mexico. four key platforms were shut in the eastern part of the gulf. a number of others have also evacuated. nonessential personnel will continue to monitor the storm. >> all right. we will be watching. thank you. doing reporting on the federal emergency management agency. fema. he has a document saying because of the federal shutdown, only 19% of fema's staff is available for the deployment. it is not good. hopefully it won't turn out to be a problem. all right. from fema to fifa.

it is furious. they are considering pulling the world cup from a country that's getting set to host their soccer tournament. it has to do with slave labor. not kidding. more "power lunch" in two minutes. ent. baron of the build-out. you need a permit... to be this awesome. and you...rent from national. because only national lets you choose any car in the aisle... and go. you can even take a full-size or above, and still pay the mid-size price. (aaron) purrrfect. (vo) meee-ow, business pro. meee-ow. go national. go like a pro.

welcome back to "power lunch." check out shares of cooper. down to 5%. this on concerns a takeover by india's apollo tire may be

hitting a couple of snags. investors are a little bit worried this merger may not go through. hence some of the weakness in the stock. at session lows now as there is concern that a cooper tire takeover by apollo tire india may return into snags. >> almost 5%. thank you so much. man accused of being the mastermind behind an underground website where drug dealers around the world were able to sell their goods often using the virtual currency brit coin is in court today. josh lipton joins us now live from san francisco with the details on that. hi, josh. >> hey, sue. yeah, we are in san francisco. near the federal courthouse where ross appeared in court this morning. he will be back on wednesday. he is accused of being alleged mastermind of silk road. that was his underground website where illegal drugs were bought and sold. authorities say that this was

the most significant extensive criminal marketplace on the internet. here is how silk road worked. users download ad special browser and enter ad special url and take them to the site which resembles any other marketplace. user forums, from january 2011 to september 2014. drug dealers sold everything there from marijuana, ecstasy. all transactions paid with electrical currency. charged commission for every transaction. investors say they collected commissionses of more than $600 thousand bitcoins. equivalent of $80 billion. 80 million weirdly the same amount that walter white made cooking meth. law enforcement has been work thing case for a long time. made over 100 undercover purchases including cocaine and heroin. purchases filled by drug dealers in ten different countries. it gets much worse in march.

investigators say he solicited one user to murder another. according to his profile he is 29 years old and he graduated from the university of texas in 2006 with a degree in physics. in an interview back in september, dread hired roberts. that's a pseudonym that sorts thai he used and imagined himself as a libertarian revolutionary and talk about this shift in the power structure of the world. he has now been charged with drug trafficking and money laundering among other charges. michelle, back to you? >> thanks, josh. free markets, fair markets. that's coming up next. pressure for insider information. should the rules be relaxed? we are talking about a big case involving the new iphone. at farmers we make you smarter about insurance, because what you dont know can hurt you.

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it has been a volatile week for gold prices. about to gold. on the downside bay half a percent. silver down about a quarter of a percent. copper, fractional loss. platinum, though, has a gain of about a half a percent on the trading session. with the government shutdown going on this week. sure a lot of traders are really happy that it is the weekend. sac capital caught newspaper a big insider trading case.

citi fined $30 million for analyst's apple leak. giving negative information about apple and supplier to the hedge fund and institutional client a day before. they were bombarded by e-mail workers. is this another example of sac's aggressive business tactics? joining us on cnbc's michelle caruso-cabrera. and dominick chu. michelle, it is interesting because the report actually didn't pan out. it was negative report. sales of the iphone turned out to be very good. >> i would add even more to that when you read the consent agreement the reason the sac guys were being so aggressive and were aggressive to get more information, is that mccorey already published a report. so they are just trying to get confirmation. idea that they are getting insider information on data that's already been dispersed by

another company. breathing down a guy's neck to get confirmation, did he violate laws and rules about giving it to one before another. yes. >> you know, what about had a? you used to trade for a live. >> well, it is interesting because -- you talk about this idea. traders are always looking for an edge. when your compensation or bulk of it is tied to how much your profit and loss statement looks each quarter, each half, each year, you are always looking for a way to get yourself more profit as opposed to losses. the real issue -- michelle hoyt something key here. whether or not this information really was that much insider. you are talking about analysts who in their own minds are not supposed to have access to material nonpublic information. good analysts are supposed to take a mosaic approach they take all kinds of bits pieces and paint a picture that wouldn't otherwise be known if they

didn't do their own homework and that's why i think this story interesting because it is about what is -- what's inside information and what isn't. >> what's already out. >> i read almost like a reporter i'm thinking, wow, this guy is out on a fact-finding mission. actually trying to find out about data points. right. and publishes something and doesn't have it. you know, he was sweating bullets, i'm sure. i'm sure citi was also angry he was probably late on it compared to somebody else. >> what's interesting -- >> good point. >> that's a good point. what else here, these -- these traders, yes, they are under pressure for their profit loss. but these analysts are also under a tremendous amount of pressure when they are competing against their peers, trying to get out the best information possible. yes. pressure cooker for traders. but also pressure cooker for all the research analysts out there as well. >> okay. let's check the bond markets. thanks. check on the bond market now. interest rates stand at this hour, of course, we had quite a bit of money moving into the bond market.

right now you have the ten-year note yielding, 2.65%. the 30-year yielding 3.72%. you are up to date on interest rates. and the bond report for now. michelle, back to you. >> sue, qatar set to hold the 2022 world cup. there are allegations of slavery and corruption over new stadiums being built will. is fifa going to pull out? move over, viagra. here comes the next sex drug. when we made our commitment to the gulf, bp had two big goals: help the gulf recover and learn from what happened so we could be a better, safer energy company. i can tell you - safety is at the heart of everything we do. we've added cutting-edge technology, like a new deepwater well cap and a state-of-the-art monitoring center, where experts watch over all drilling activity twenty-four-seven.

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yesterday power lunch first told thank you story of the killing of one of iran's top cyber war command persons. he disappeared after leaving for work this week and found dead with two bullets in his chest. he is believed to be a part of rounds of attacks on energy companies abroad and american banks here in the u.s. frank served as president george w. bush's special assistant on homeland security. it is good to have you here. nobody really knows too much about the man who was killed.

what does this mean for iran's efforts and its abilities to launch cyber attacks here in the u.s.? >> it is a good question. it really is a bit of a hall or house of mirrors. will is a lot we don't know about him and what specifically happened. whether there was an inside job, outside job. we don't know it. at least i do not know what we do know, however, is that iran has been very public in terms of its abilities to wage cyber warfare and made their intentions clear. and they invested billions of dollars in their cyber army and we also know, as you mentioned, that they have been behind the attacks on our financial services and banks a. significant capability. in terms of what his role was, i think that there is a lot of unknown which is part and parcel of the challenge here. iran's a tough intelligence

target and even more so when we are talking about cyber warfare because it really is shrouded and clothed in secrecy. one thing i can tell you is that people compare to nuclear sigh 'tis scientists. coders, on the other hand, while they may be highly sophisticated they can be replaced. and i don't think that it would have much of a -- much of a dip in their cyber warfare capabilities, unfortunately. >> all right. brain, thank you very much. appreciate it. michelle, down to you. >> timing issues, 2022 world cup post nation qatar under fire. the guardian's david you can't's investigative journalist and author of two definitive books on the sport. "beautiful game searching for the soul of football." "the billionaires who control it." also, richard, manchester, modern football and growing up. club's failures and fortunes. david's live in london.

guardian sportswriter, david you can't kahn. thank you for joining us. can you tell us about the sakeses of savory when it comes to constructing the stadium. >> qatar, like other countries in the gulf, have very, very small population and huge amounts of money. so -- the way they go for oil and natural gas, to building a skyscrapers and building whole new cities and world cup, to import workers from the poor asian con tint. india, bangladesh, nepal. and -- sadly, the working conditions, contractual conditions, which these people are brought to the country have been a scan del for a long time. they were a scandal before.

awarding the world's biggest building project to a country with a dreadful record on construction workers. just in the last few weeks the guardian exposed or given a lot of publicity to -- deaths of the workers. unsafe building sites. also working in very hot conditions in the heat in qatar. finally, finally. >> let's talk about the heat. because it also comes up with this -- when i heard qatar would host the world cup, world cup is supposed to be in the summertime. the average summertime heat is 107 degrees. what were they thinking? they are trying to move it to the winter? what happened there? did somebody pay somebody off? >> it is just -- you know, i mean, you put it as well as i could. you know. what happened was fiti tie pa w

robbed by corruption scandal. it is the -- governing of world football. the game of soccer, people in america call it, that -- multimillions of people grow up loving all around the world. and, you know, they have a duty to nurture the game and protect the game. sadly, by the time the bid was made in 2010, the bids were made, there were people there who have since been proven and laughed or bounced to life, proven to have taken bribes or embezzled money. and also, no modern practices to proceed the game of bribery and embezzlement. and a reform process. so -- by definition in 2010, it was not reformed. and some of the people sitting around deciding where the world cup will be played in 2022, people that subsequently have been found to have been corrupt.

2 the decision they made, fifa was to send this -- tournament to the desert in the summer. >> david, thank you so much for joining us. i know that they wanted to host the summer olympics in the winter. i hope that never works out for them. thanks so much for joining us. for more on this story please go to cnbc.com. >> the retirement waiting game. what your income will look like after age 65. we break down some pretty startling numbers. plus, call it the anti-viagra. company's rushing in to cash in on the next big sex drug. ncer ] here at optionsxpress, our clients really seem to appreciate our powerful, easy-to-use platform. no, thank you. we know you're always looking for the best fill price. and walk limit automatically tries to find it for you. just set your start and end price. and let it do its thing. wow, more fan mail. hey ray, my uncle wanted to say thanks for idea hub. o well tell him i said you're welcome. he loves how he can click on it

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position you want to know about your retirement. how much money do you think you are going to make after age 65? what's your income going to look like? well, the more money you earn now, the more you may feel the pinch in retirement. probably would be better off than a lot of americans bought new study shows that for many higher earners, they actually have less of their income as a percentage of their pre-retirement income when they retire than lower income workers. this is according to the employment benefit research institute. looking at income levels in 10, if you earn six figures before your 65th birthday, you will see it drop. if you are make being $60,000 a year you will basically have the same level of income in retirement. the main reason for the disparity is social security. which mace as lower percentage of your income for higher earners. how can you make sure you can maintain the same level of income in retirement? stewart ritter, certified

financial planner at t. roe price what he advices investors to do is make sure they save enough to be able to replace 75% of their gross income before retirement and that way you will have the same amount of spendable income that you need when you retire. back to you. >> thank you, sharon. samsung's new smart watch goes on sale today. critics hate it. will consumers like it? next blockbuster sex drug. what do you say, jane? >> michelle, i say you are going to want to watch this. a new small line of products on the market to treat a condition for men that i'm not sure i can say on the air. first this quickly break.

coming up on "street signs," it is a friday. it is also national tucker day. there are a multitude of plays in the stock market. rocking debut for potbelly. probably the best of the year so far. herb is here and he says not so fast. coveted soft drinks on the outs. that's good news for our health. isn't it? bad news if you are a pepsi or coke. look at the impact on stock like those. those things and much, much more. shutdown earnings, you name it. we got it. it is all coming up on "street signs." back to you on "power lunch." samsung firing the first major shot in the battle over wearable devices. new smartwatch goes on sale

today. slammed by some critics. but will consumers buy it? we had a chance to look at that. i don't know whether they will buy it. some people will. >> first mover advantage. the first ones out with it. yes, it got panned by the critics. we decided to get out to the at&t flagship manhattan new york city store to see what kind of buzz there was. first of all, there were no massive lines like you saw with apple. but we did decide to go inside to see if anybody was looking at it. the interesting part, when i left this morning, late this morning about 11:30, not one want had sold. now interesting there, handful about 10 samsung note 3 smartphones which you need to function this watch, had sold. nobody had yet bought it. what i did hear was inventories were low but were expect something kind of a crowd later on this afternoon after work. >> maybe after work because it is provide and people have more time. or maybe they just don't want to buy the first generation of something that's that novel. >> to be fair, this just one store. we will see how it works out.

>> you get to watch it and get it and watch it. never mind. all right. michelle, down to you. >> will a new sex drug pump up pharma stocks? jane has more. >> remember when everyone was comfortable talking about erectile dysfunction, the blue pills and people in separate bath tubbs, no one is laughing at that time $3 billion-plus drugs they rake in annually. now a new set of drugs for men who can't get the party started but men who end the party too soon. premature -- cane even say it. they call it p.e. it affects one in three men at some point in their lives and not just they are teenagers. i interviewed the ceo of promescent. a spray using lydocaine to treat p.e. a small start-up. sales are from word of mouth from urologists and expected to reach $4 million next year.

another spray is called tempe. the name got jimmy kimmel's attention. >> my parents live in tempe. my kids have to go visit their grandparents in [ bleep ] arizona? >> pharmaceutical turned down an offer to sell the company for $30 million. just like e.d. drugs, more men are starting to buy this drug, not to treat p.e. but just to last longer. now, who knows where it will all end? look at how big pharma stocks did? pfizer was up 44% a year after viagryin viagra. i spoke to one customer. he said it works. to find out his wife's reaction, sue, you will have to go to the story on cnbc.com. i can't talk about it heres the

going to crash the site. i'm sure it will crash the site. nobody can pull off a story like you. >> thank you. i think. >> i men that sincerely. the default, the debate and are very own jobs report. ♪ [ bell ringing, applause ] five tech stocks with more than a 10%... change in after-market trading. ♪ all the tech stocks with a market cap... of at least 50 billion... are up on the day. 12 low-volume stocks... breaking into 52-week highs. six upcoming earnings plays... that recently gapped up. [ male announcer ] now the world is your trading floor. get real-time market scanning wherever you are with the mobile trader app. from td ameritrade.

it is power run-down time. special guest for power run-down today. mark, president and ceo of the national urban league. joining us is ron christie. ceo of christie strategies and former special assistant to president george w. bush. gentlemen, great to have you here. let's start with the topic of the day. debt ceiling.

are we going get a deal done before that? >> i wanted to stick to the deal they wanted a year ago. set spending level force ten years. people seem to forget the sequestration was part of a den-year deal. if they will stick to that -- the -- debt ceiling should not be negotiable and tied to other politics. it ought to be a straight up or down vote. that's what it has been. that's what it should be. >> of course not. i think what we have seen here is as a result of congress not doing its job. senate has not passed a budge in four years. lays out a blueprint. governing by bricksmanship and the president of the united states should be the adult in the room and come in and negotiate with the house i don't think the president should give ground. i don't think the idea of tying a budget bill to other things is the way to go. it should be a bill for operations in the government voted up or down. >> i agree with you on that. except for the fact that the constitution under article i, section 7 says actually the revenue measures must come in and originate from the house. president can do the brinksmanship and start pointing

fingers but the house has done a job, taken a bill to the as a matter of fact and they refuse to negotiate. >> why do they always wait until the last possible moment? why is had a? >> because i think that's the way they are used to getting things done. they say if we hold this out and put the other guy up and -- make them look like the bad guy, then -- we won't get the blame and will get our way. >> something is in the air down there. a degree of hostility. and anger. that i haven't seen in a very, very long time. i do think -- and i hope -- i think speaker boehner is key. if they were in an up or down vote, i'm confident 10 or 15 republican was vote up or down on the debt ceiling and for clean continuing resolution, if he gives the signal it is okay to have an up or down vote. >> day four of the shutdown which means no september jobs report. but as you may have heard from steve liesman earlier on, we have our own squawk jobs report. going through withdrawal the the number, they thought would come in at 158,000. you know, when he laid out his

meth zol meth zol methodology, why do we immediate the labor department? >> the labor department gives us detail we may not discuss. what we all -- what we need. the economy is in suspended animation. got consistent job growth. it is not to my satisfaction because there's high unemployment. what we have is consistent job growth in the country. it is better than it was. bit isn't what we immediate to see. >> lowest in decades. i think economy is still anemic. projection, 158,000 jobs and not enough to deal with folks to get the work force. we need regulations reduced. >> getter than it was in -- january of '09. >> gentlemen, always great to have you here. thanks, guys. in today's yahoo finance question of the day, speaker john boehner says that there will be a deal before a practical default. do you think so? 8% say yes.

and soon, 74% say yes but not until the last minute. 18% say no. we are going over the edge. [ bagpipes and drums playing over ] [ music transitions to rock ]

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another high-end robbery in france. this time it was in paris at a high-end watch store. thieves there, authorities saying, making away with more than 1 million euros worth of high-end watches. what made this unusual was that there were more than 15 thieves they use, axes, a gun. making away high-end watches and stopwatches. this follows the pink panther robberies earlier this summer where thieves made away with more than $130 million worth of goods. authorities catching two people they say from eastern europe. that's all we know for you for now. >> is this an invitation this may be the pink pantherors did they function slightly different than the pink pantherwhen they -- >> so far this is different because of the number of people involved. but all we know is two people were arrested from eastern europe. a lot of the pink panther zbang, of course, are from eastern

europe. we don't know whether there is a link yet. >> what's the average price on the watches? million dollars in watches. what do you think they got? >> you know, these were -- 20 of them. we are talking about, you know, $50,000 watches. pretty good size pieces here. >> thanks. >> thank you. >> that's all for "power lunch." welcome to "street signs." ryan sullivan is out on assignment. you think the shut down is playing games with the market? wait until earnings season gets under way next week. negative guidance is at a record high. potbelly debut is bloating up in a good way. so far top ipo of the year. but we have warnings that may pop this top. and as part is an bickering continues in washington we here on "street signs" found way to bring the natn