>> we all want lunch. >> we all want lunch. >> which is just another excuse to pop more champagne. [ cork pops ] safari time! [ corks popping ] safari time! [ corks popping ] >> oh! . hi. welcome to "nbc nightly news," i'm becky quick. our conversation with the ceo of a banking system. and how banks say they can save you money. >> and time to lose the holiday five or so. the big business of making your waistline smaller and getting healthy. we'll talk to the ceo of jenny craig and curves. as the economy picks up, is it time to ask for a raise and how to do it: "nbc nightly news" starts right

now. now becky quick. >> here is what is making news with a new week "nbc nightly news." a better than expected unemployment report topped off the best year for hiring in 15 years. the december unemployment rate fell to 5.6%, the lowest rate since june of 2008. it is better than expectations. the economy created 252,000 jobs and 50,000 were added to the revisions for the previous month, even though wage growth remained weak it. was a wild week for stops. four triple-digit moves for the dow. two down and two up, with thursday's gain of 300 points, capping a increase of 3%. and the sapp and nasdaq following suit but fell on friday. a new 5 1/2 year flow on oil. but when it stopped falling, the market stopped their slide as well. and if you have fine memories of your walkman. sony will sell a new digital walkman, for, get this, $1100.

there is a sucker bon every minute. it has tons of memory and for people with lots of cash. america has one year of obama care under its belt so are we better off medically and financially. and there is a new fight against cancer the flu. joining us to talk about this is dr. ken davis, the ceo of mt. sinai health systems. thank you for being here. >> great to be here. >> we are one year in the affordable care act and it is early on to try to tell but a gallop poll is showing that the debt of americans is 13%. how would you judge the beginning of obama care? >> there are three things it wanted to do. in prove access -- improve access and cut costs. >> it is successful at access.

around quality, there are now penalties from medicare for payments to hospitals around hospital acquired infections and readmissions and hospital acquired infections are down and that is good news so quality it up. financially, we see that the rate of in crease in what we've been paying for health care as a nation, that rate of in crease is slowing. so that is a good thing. and those who favored this law, suggest that the law had something to do with it. but there are many explanations for why the rate of in crease is decreasing that may not relate to the a.c.a. >> such as? >> co-pays are larger and deductibles are larger and people are not getting care because they can't afford. >> it if there were things you could tweak, what would you do? >> there are a lot of things. >> address the things we didn't want to talk about in this bill,

the cost of dying in america and obese and what we can -- obesity and what we can do to stop it. >> that is what congress hasn't talking about. >> if we don't address, we couldn't tackle and change health care. >> doctor, while you are here, i want to talk about a couple of things. one, this is flu season. the flu is going around. and the flu vaccine, even if you got it, it might not be effective this year. >> this is a bad flu season. it has been bad in some parts of the country. some are seeing 6% of the doctor and emergency room visits are flu and it is a little more severe than in the past. so it is something to be concerned about. the vaccine is not as effective

in the past because this virus mutates and what we have a vaccine for is producing antibodies that are somewhat different from what this flu is. that happens. but it is still better to be vaccinated than not. >> no. i think i can speak to that. i was vaccinated this year, my whole family was and i'm fairly sure i have it now. >> and you're staying away from me. >> we're staying away and not shaking hands. and what can you do in the future? they say the flu changed. why can't you vaccinate us against everything. >> the virus is mute cated from year to year. and scientists at mt. sinai and others have developed the universal flu vaccine and that is a vaccine directed against the stable part of the virus that doesn't change from year to year. that is now in development with a company and we would hope that

in a couple of years we'll have a universal flu vaccine. >> we're really talking about this in a couple of seasons. >> in a couple of seasons. >> so even if you were exposed to the flu and you had this vaccine, you are good to go. >> for a decade, because it is protected against parts of the flu that keeps mutating. >> that is good news. but maybe not in cancer research. we're talking about vaccinations. >> we are talking about a way to enhance the immune system. we're asking how can our normal defense mechanisms take out cancer cells. why can't they? and thanks to the revolution of genomics and the advances in biology, it is possible to identify those factors in the immune system that need to be enhanced so that we can get a more robust inflammatory response and take out the cancer cells. and we're already seeing that in some drugs in the pipe a-- in te

pipeline and approved. >> how does it work? >> it boosts your own antibody system or your own t cells to attack cancer cells. it takes the cancer cells out. the trick is cancers deceive an immune system so they don't think that is foreign. and now we're finding out what are the mechanisms that provide that kind of clandestine operation so our own immune system can take out the cells. >> is this break-through technology? >> what we've seen in cancer therapeutics over the last decades is we make small steps but they are all real steps tlx is no major polio vaccine here but what we do see is we're getting ahold of the basic biology and pathology of cancer and understanding it in better ways to produce drugs that are less focused and less adverse effects and more effective. >> that is hopeful news and i

can't thank you enough for being here. >> thank you. >> dr. ken davis. up next on the money. a father and daughter team set up for banks. and we'll talk with the jenny craig ceo about diet, exercise and staying on track with weight loss goals. right now as we head to a break. take a look at how the stock market ended the week.

that is customer bank corp ceo, ringing the closing bell at the stock change. this father and daughter team are creating a mobile bank.

only available through smartphone and tablets. jay sidhu is the ceo, and luvleen is the bank mobile chief strategy officer. thank you for being here. >> thank you, we're excited to be here. >> and so i know mobile is the most exciting thing going an where all of the growth is but the idea you can only get to this application through your phone or through a tablet, how did you come up with that? >> think about a bank. the way to build a bank is to have more branches or to buy the banks and get rid of everything else and keep those branches. now we have a million customers today who are all over the country, and these are students and they have never been to a bank branch. so this is an example of how technology makes it better than a bank branch experience. >> jay, you come to this after being a years of being a banker who ran branches.

when did this aha-moment come to you. >> when i left sovereign bank, where i was the ceo of, and i had time to reflect, i said we are banking money and forcing people to pay ridiculous overdraft fees. why do we need bank branches. why can't we revolutionize banks and let consumers bank with this smartphone. >> and this is people of your age and your demographics, so how did you work with your father to make this happen? >> it has been an incredible experience so far. hi the opportunity as -- i had the opportunity as a young girl to watch my dad build sovereign bank and now with the opportunity to work with him and learn from him and create such a disruptive banking product that will change the face of banking is an unbelievable experience. >> i would admit, i was drawn to ing and part of the idea was they would pay me more. i love the fact they would pay

more for the bank accounts. i guess that's part of the idea you are doing. how much more can you pay somebody as a result? >> we are offering absolutely free checking account, with no overdraft fees, 55,000 atms, more than bank of america. you can send money to anybody based upon your telephone number you have and you have a personal banker and a financial advise aor and it cost you nothing. >> how do you make money? >> it is a financial enterprise. there are 70 million under banks consumers, it is about time people built a bank for millennials and middle income americans and we make money by keeping our costs low. >> so are your margins lower than a traditional bank. >> that is correct. >> but if i was somebody coming to you, what would you pay on your saving or checking account? >> we are going to guarantee a

quarter percent higher than other banks and will start with 60 basis points. >> but if there is no bank branch there and i worry that my cat has been hacked or stolen or it looks like there is a discrepancy, who do i call and where do i go? >> one of the greatest benefits we have an on and off app and you can turn off your debit card so you don't worry about the security breaches at retrailers because -- retailers because if you are afraid, you can click that button. >> and we have a contact center. you can talk to us 16 hours a day, seven days a week if you have to. so the same thing. why should you try -- have you ever tried to call a bank? it takes you ten minutes and you have to press about 25 different things before you can talk to them. >> you are going to get rid of that? >> you can still have your personal banker that you can connect to immediately. >> and we are part of apple pay.

so every time you have a transaction, you will get a text message to show your transactions so you can help -- we are a partyer to self police and prevent fraud. >> and how many users do you have now that you just launched and how many do you expect by the end of this year. >> we already have over 500 people who have expressed an interest or opened an account. >> and where do you expect to be a year from now? >> at least 25,000. >> okay. well, i appreciate the experiment. i think it is really interesting and very intriguing and i'm going to check it out myself. >> please do. >> thank you for joining us today. we appreciate it. >> thank you so much. >> thank you so much. up next, we are on the money. it happens to the best of us. even celebrities. you make new year's fitness resolutions but you get off track with food and fitness. how to take it one meal at a time. and to climb up the salary ladder. the best time to ask for a

raise. stick around.

the new year's ball has dropped an 45% of americans have made new year's resolutions to drop the weight. less than 10% of us are able to follow through. life can seem at odds with health and fitness goals. for a look at how to stay on track with slimming down, i'm joined by monty sharma, the president and ceo of jenny craig and curves.

thanks for being here. >> good to be here. >> and i know why i fall off. but what do you hear from most people? what are the biggest problems? >> weight loss is a difficult journey. it takes a lot of effort. we are really busy in our lives. we have things to do at home so we often fall off from that. and we also have extra supply of calories. calories are cheaper than water. so it is all around us, so the temptations are all there and we believe that it is difficult to go through that process. >> jenny craig is a well-known iconic brand and been around for a long time and had a lot of celebrity spokes people that get to know it but sometimes the food can be fairly expensive that goes along with it. what does jenny craig that is something like weight watchers or nutri system doesn't have. >> we believe in the one-on-one consultation. most of them are do it yourself

and tracking programs. we take responsibility in your weight loss success and taking responsibility for keeping the weight off. so during that journey, we are helping you modify behaviors to have a successful goal and have a healthy relationship with food. which is different. the modification is key to helping you have a healthy lifestyle beyond weight loss. >> you now have curves fitness and jenny craig together. you were with curves and you brought jenny craig in the last year. how do you bring those two things together? do they work together. >> we are launching 60 new locations for jenny craig alongside a curves. we think this will allow us to offer multiple products to consumers. some consumers want to lose weight using nutrition and some want to use nutrition and exercise. but in all of the cases, we have a coach. a one-on-one intervention. er not doing -- you are not

doing it alone. we believe exercise and nutrition is best way to lose weight and keep it off. but we know the consumers have different choices and they act differently. >> just in the last few years we've seen apps and digital products brought on. maybe it is a fitbit or something else. how does that increase the competition and how do you go head to head with them? >> again our product is very different from apps. the apps are tools to our members, but the reason it is different is when you have app-based programs you see initial engagement and then it rapidly falls off. they are not our folks of how to get -- this is not our focus of how to get consumers. >> you had kirstie alley and she was successful and then came back. >> we help thousands of members lose weight over time and we recognize that on occasion, sometimes people get off track,

life gets in the way. you have personal challenges. but i think that you see those exact issues with kirstie. but when that happens, we're standing by to help you get back on track. >> monty thank you very much for joining us. >> thank you very much, becky. up next on the money, a look at the news for the week ahead. and if your new year's resolutions included earning more money, how asking for a raise might not be as sta-- as scary as you thought.

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for more on our show, go to our website. here are the stories coming up to impact your money. alcoa released fourth quarter reports and including wells fargo and goldman sachs. on monday, the auto show begins in detroit. on wednesday, retail sales for december come out. and on wednesday, investors will look for clues about a possible interest rate when the beige book is released. as america's economy improves, economists are still waiting for wages to go up but is it a good time to take matters into your own hand and ask for a raise. it is something people don't like to do, but sometimes you have to go up to the boss and ask for more. sharon epperson is here with the ins and outs of asking for a raise and your money and your future. and sharon, why is this such a

tough talk to have? >> it is uncomfortable. folks get nervous. they don't want to seem too pushy. and so they don't ask. a recent survey by salary.com found more than half of employees didn't negotiate a salary in the last 12 months and about 23% of them, about 20%, never have ever asked for more money. the thing people should know is that your employer expects it. most employers, more than half, expect you to ask for more money but people are uncomfortable about doing it and don't know how to go about doing it. >> what is the right way to negotiate? >> have a case. build your case. make sure that you have some specific outlines and things that you have done throughout the course of the year, six months, the last few months that you've been there, that really show how you've helped the company's bottom line. it's not i've been here for three years so i deserve a raise. what have you done for the company or the business. and if you are an above average employee with above average

results and can show that to a bo boss, that is a good way to build your case. you need to research the market environment. how much are people getting paid for your position and then based on your unique responsibilities, how much more perhaps should you get paid? glass door.com, pay scale.com, and salary.com are a good place to go to get estimates and talk to people and say what they say in terms of what their businesses with people in your position are getting paid. and you do all of this research and have a great case but the first time you ask for a raise is when you are in front of your boss. you need to do a dress rehearsal. run through it with someone, a mentor, a coach, a friend a colleague you trust but talk to someone and run through that discussion before you have it with your boss. >> to make sure you get your points right in your head and you are not rattled. >> be precise and persuasive. >> is there anything outside of that. we think of everything you do and things you have done, is there anything you need to

consider, maybe timing? >> timing is key. if you want to think about the budget of the company or the group or team that you work for and not when your next review is coming up because they may not coincide. ask for the raise when the money is there. so the best time to do that is before a budget review so that your raise or extra salary can be factored into that budget. >> excellent tips. thank you, sharon. that does it for us today. i'm becky quick. thank you for joining us. next week, tracking trash and saving cash. the company that helps businesses save money by reducing food waist. have a great week and we'll see you next week. but it doesn't have to be. be tough. with just one click- with ziprecruiter. find candidates in any industry, nationwide. just post once and watch your qualified candidates roll in to ziprecruiter's easy to use interface. find out today why ziprecruiter has been used by

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