in a statement the faa said it was, quote, studying the rule carefully and any actions we may take to address the court's findings >> i think it's ridiculous the prices keep rising and the seats keep getting smaller >> bigger. it sound like a double edged sword but at what cost >> joining us is jordan beth union and charlie liocca charlie, why don't you tell us what happens next with this lawsuit. the faa doesn't have to do anything right away, correct >> either the faa has to release the data, which they say that

they have, decide that it's not confidential, or they have to redo the evacuation test to show that we can get people off these planes given the fact that seats are now not on packed tighter in terms of eliminating leg room buteliminating width. that's part of what we asked the faa to give us clear argument on if we want to have this argument on customer service, we're going to lose. but based upon safety and health, we have a good chance of winni winning. >> well, the idea if you cram more seats and more people in, it's going to take longer to get off. why don't you think this is a safety issue >> number one, they regulate safety for seat manufacturers to wi withstand 16 gs of force

there's a whole lot of things on the air worthiness certificate that gets you a seat on an airplane they rarely put the number of seats authorized on an airplane. the evacuation of 90 seconds usually exceeds the market you really don't want to put that many people on the airpl e airplane what happens to people who now can afford to fly because they offer super cheap fares, you're going to put them back in cars where the fatality rate is a hundred times higher who are you harming and -- >> gordon, you know i love you but you have some heavy lifting on this one. are you convinced you can evacuate a plane in less than 90

seconds? >> they have to actually do it it gets done on multiple configurations of the same plane. >> how come the faa won't release those sflults. >> i -- those results? >> i have no idea. as a safety/marketing issue, it's a non-issue >> charlie, if the faa can demonstrate this, or if they can show it in other tests, are they willing to say, okay, never mind, let's move on. >> if they show it and they show that everything is safe and everything is according to rules and regulations, we have to accept that. we may not like it the only way consumers can battle against the airlines having crammed more and more people into the same plane is by no flying. unfortunately we're in a situation where we don't have a lot of choices if you're not crammed in the back, you have to pay a lot more

to sit up in the front >> and to that point, charlie, let's go over this people are not not flying, they're not voting with their pocketbooks, they're not voting with their feet. the air is more crowded than ever i know we all complain about it. i do i hate being claimed into these seats but we're not voting with our pocketbooks. >> i think if we just go by comfort, we'll end up with the short end of the stick. but if we evaluate by safety, there is a chance that people can't be evacuated as they say they can be evacuated. >> well, number one, people do vote with their pocketbooks.

number two is the schedule seats are a competitive issue. when you buy seats for a new airpla airplane, there are a number of manufacturers saying we have more comfort per seat. there's a lot of marketing in this but really people say cheapest flight to san francisco and that's the one this usually buy if the schedule's appropriate. it's not about seats but at the same time more people are flying because they can afford to fly. >> gentlemen, we will continue to watch but i want to thank both of you for your time today. >> thank you >> now here's a look at what's making news as we head into a new week on "the money." a strong jobs report for the month of july. the commit created more than 200,000 jobs last month.

unemployment fell to 3%. that news sent sox up to an early high in record trading as the dow jones industrial average closed above 22,000 for the first time ever mid week the nasdaq and s&p were mixed. >> if you forget to pack enough warm stuff on your next trip, you may be able to pick up what you need at a vending machine. japanese vendor uniglo has put them in airports >> and later the startup that's going big on bulk items. is there room for an online retailer that on sells retail store sizes. now let's look at how the stock

market ended the week. - honey, remember to slaughter the tomatoes with the nun. (screaming) remember to water the tomatoes when you're done. - [announcer] sometimes, hearing isn't easy. - lick a carp. lookin' sharp. - [announcer] but now, there's a simple way to enhance it because now there's eargo plus. the virtually invisible hearing aid with amazing sound quality. designed with patented flexi fibers, so they're suspended completely inside the ear canal. and so small, that they're virtually invisible. just pop them in and tap each ear to find the right setting for you. a single nighttime charge will last you an entire day. - sauerkraut the slum lord. watch out for the skateboard. - [announcer] don't wait, call or go online now for a free sample pair to experience the incredible comfort

and invisibility of eargo plus for yourself. chances are, the last time yoyou got robbed.an, i know-- i got a loan 20 years ago, and i got robbed. that's why i started lendingtree-- the only place you can compare up to 5 real offers side by side, for free. it's like shopping for hotels online, but our average customer can save twenty thousand dollars. at lendingtree, you know you're getting the best deal. so take the power back and come to lendingtree.com, because at lendingtree when banks compete, you win. you give us comfort. and we give you bare feet, backsweat, and gordo's... everything. i love you, but sometimes you stink. soft surfaces trap odors. febreze fabric refresher cleans them away for good. because the things you love the most can stink.

and plug in febreze to keep your whole room fresh for up to 45 days. breathe happy with febreze. the field of enginetic counseling has sports illustrated. the department of labor projects a growth of 29% through the year 2024 kate rogers has more from

danville, p.a. as a college student studying biology, megan mcminn thought she wanted to become a physicians candidate but a desire to interact even more with patients led her to genetic counselling. >> it gave me a good split between patient care and the hard science research end of things. >> at geisinger hospital genetic counsellors are on the front lines of patient care. with genetic testing becoming more popular they can't hire new counsellors fast enough. >> we will hire hundreds of counsellors. they will become a key member of the team when discussing with patients and families what to do next. geisinger is home to the my code community health initiative one of the largest biobanks of human dna of its kind. the effort is led by amy sturm, director of genomic counselling at the hospital and hopes to help not only patients but their families. >> we are developing a program to look through all of the dna code to pull out what we consider to be medically actionable conditions. >> alex: salaries for genetic counsellors here at geisinger range from $60,000 a year up to $180,000 annually depending on their level of experience and expertise. the outlook is expected to grow by some 30% for genetic counsellors over the next decade meaning counsellors will be in a

very high demand for years to come. >> how does it go for patients once you get the genetic testing results back? how do you read it >> here at geisinger they are focusing on a medically actionable result are. it takes about six months the get your results back. if you have something that needs to be treated, the genetic counsellor would consult with the primary care physician, then the genetic counsellor would give the results back to the patient and tell them what they look like. >> kate rogers. >> thank you. jobs in brick and mortar retail has shrunk. box has grown from 30 employees to 300 the ceo launched the company as an online version of a warehouse club, kind of like costco meets amazon, but for millenials thank you for joining us. >> thank you for having me. >> you are kind of like a warehouse club but kind of not >> you take costco, bjs, and sam's club as ubiquitous as they are, they are not everywhere if you have less than a million

people in your town you might never get access to wholesale savings. we help folks with that. >> how did you come up with that idea? >> i grew up in the burbs but every other weekend i would go with my parents growing up to go and stock up. >> you liked it. >> yeah but later on in life i didn't have a car to get to a warehouse club i felt lake millions of others might have this problem luckily over the last three or four years we have shown we have been right on that.

>> you mention in the burbs it's hard the get access. you have four distribution centers. >> four across the u.s. right now. >> where are they and what areas of the country can you service. >> we are here local right outside the beautiful hudson river, across in tropical new jersey for one of them atlanta, dallas, and all the way out in sunny las vegas that allows us to build a network where 94% of our customers get two-day shipping 51% get i don't have night shipping, again with no membership fees, generally with free shipping. we do that because we are not the everything store so we can house everything that you would shop for in your local fulfillment center everything travels via ground and it gets there pretty quickly. >> you have 1600 items, which sounds like a lot until you think about how many items you can get at costco or our places. how do you decide what to put in the store? >> in my garage i picked the first 200. i then learned i shouldn't be the chief merchant of any company. you come into our site and you search for a item, and we don't have it then your merchants get an e-mail saying this is something we should look into. we carry one to three items her category in the end if you are a manufacturer if you are not getting a great price we won't carry it and that's fine because we are not the everything store.

>> box provides many employee perks. you have paid for weddings for your employees, you offer the pay for college tuition for their kids how many people have taken you up on that how do i get a job with you? >> we are hiring in general, the theme is that we treat everyone like adults unlimited paid leave, unlimited maternity and paternity leave. you might think folks are gorging themselves and not coming to work longest maternity leave anyone has ever taken, given that it's unlimited, seven and a half months shortest, seven weeks. even with tuition, we have currently three folks in college. i think this coming semester we'll have five. and i now extoll the virtues of community college and in-state tuition. i'm a huge fan ivy leagues are overblown. >> thanks, it's good having you. >> up next, we are "on the

money. a college cash course. what your students needs to know about savings, spending, and everything in between before they hit the campus. later, rvs are making a comeback you might be surprised by who is driving this revival because it's tough on grease yet gentle. i am home, i am home, i am home

bounty is more absorbent,mom" per roll so the roll can last 50% longer than the leading ordinary brand. so you get more "life" per roll. bounty, the quicker picker upper

yogig-speed internet.me? you know what's not awesome? when only certain people can get it. let's fix that. let's give this guy gig- really? and these kids. and these guys. him. ah. oh hello- that lady. these houses! yes, yes and yes. and don't forget about them. uh huh. sure. still yes! you can get it too. welcome to the party. introducing gig-speed internet from xfinity. finally, gig for your neighborhood too. so your baby is going off to college. no doubt you will be sending him or her with new sheets, clothes, much more. you may be ready for the empty nest but are they prepared to leave the financial nest joining us right now is personal finance expert and author of make your kid a money genius

beth kobliner. how do you start this conversation before your kids head off the school? >> to be real, the kids are thinking about who is their roommate, are they in a good dorm and will they get the classes they want. you as a parent are stressing about do i get the extra long twin sheets to fit on the bedel but you have to talk about money. this is the first time your kid is on his or her own and it's important to get down to the basics >> what are the basics when it comes to money management for somebody in college? >> you have to start with the numbers. public colleges cost about $20,000 a year for tuition room and board for instate residents. private are $35,000 on average these are big numbers. you have to say to your child,

looking we are making an investment in you, and we are really proud of you but we want you to get through college in four years 50% of kids don't get through in four years. >> 50%. >> yes, and that ends up being very expensive because you have to pay an extra year of tuition and you are missing out on the income. >> should you send a credit card with your children >> you should not send a credit card with your kid when i was in college there would be tables of credit card companies handing out cards to anybody who could sign their name in 2009 the rules changed you have to be 21 show you have income or you need to have a parent cosign. huge mistake. >> my parents gave me a credit card when i went to college and said use this only in case of emergency. i didn't use them -- it in four years. >> you were a good girl. i would want to use it in case of emergency >> give them a debt card >> there is a limit to it. that's the point >> exactly. >> should i expect them to get a job, focus on their studies, and help them out with extras like pizza or spring break. >> research shows that kids that work in college under 20 hours a

week and they have an on-campu job have higher gpas than kids who don't work at all. it's good to work. these conversations are about budgeting. on my website i have a worksheet people with use to sit down and figure out who is paying for what before you leave for school. >> thank you very much. up next on "on the money" a look at the news in the week ahead. and not only millennials are looking for five star hotels, spa treatments or resorts for their next getaway i didn't think protection this thin could work. but the super absorbent core turns liquid to gel. snap! so it's out of sight... ...and out of mind. always discreet. for bladder leaks.

here are the stories coming up that may impact your money this week.

on monday, we will be getting the consumer credit report that measures consumer debt for june. on tuesday, the national federation of independent businesses releases its monthly survey on the economic optimism of small business owners it also marks 43 years since president richard nixon resigned in the wake of the watergate scandal. on thursday we will be getting a measure of wholesale inflation with a release of the producer price index for july and consumer price index comes out on friday that measures inflation for consumers. contrary to popular belief not all millennials are at home living with their parents. as they enter the work force and the real world, the growing number of them are vacationing with their families the same way they did with their folks years ago. as landon dowd found out many millennials are hitching a ride and camping out in rvs

>> kyle milliard is 32 years old and on his second rv he grew up camping and takes his team on the road he have month in the summertime. >> it has a bunk system in the back as well as a kitchen. it's something we can grow familiwise. >> alex: 9 million u.s. households now own an rv according to the recreation vehicle association. they have traditionally relied on retirees to drive growth but now younger buyers are getting behind the wheel allows us to get to the in a different way. we also save money so we can do things that we might not otherwise get to do if we stayed in a hotel. >> when we come for thanksgiving specifically, we have probably four to five trailers that come. and we all book spots right by each other and then we have a couple of family members who like to come but don't have trailers so they rent cabins. younger buyers are opting for towable trailers than the more expensive motor homes and coming to places like this one here in california wine country the really experience the outdoor life-style trends.

that has camp ground owners investing in things like wi-fi and communal areas for millennials to mingle. >> for the millennial generation we are looking at space here on the camp ground which was set up for pot lucks and bingo halls 30 years ago. and we are setting it up for third spaces, like starbucks and stuff. >> june towable shipments jumped 20% year over year while motor homes were up 6% manufacturers are taking note updating technologies. >> a lot of the rvs are compatible to an iphone. a lot of the app based things that run the ac, the awning, your jacks makes it easier to camp. >> once buyers get rving in their blood they get hooked. it's not just for affordable weekend getaways that make towables attractive. younger buyers are using them for tail gates, concerts with

their friend or escaping for weekends for some young millennial families selling everything to hit the road and explore the country. >> do you think the trend will continue does the rv industry think millennials will be buyers in the coming years >> while they are showing an interest it is too soon to know if that younger buyer can drive the industry the way that the baby boomers did. >> big demographic shifts. land don thank you very much. that's the show today. i'm becky quick. thank you for joining us next week, would you let your employer implant a micro chip in your hand? guess what 50 employees of a wisconsin based company just agreed to do that. we'll find out why each week keep it right here "on the money. have a great week. and we'll see you next weekend most american homeowners would be shocked if they knew just how rich they were. the average american home value has increased $40,000 over the last 5 years. but many don't know you can access that money without refinancing or selling your home. with a home equity loan,

you can pull cash out of your house for anything you need- home improvement, college tuition, even finally getting out of credit card debt. come to lendingtree.com to shop and compare home equity loans right now. because at lendingtree, when banks compete, you win.

hey there, we're live at the nasdaq market site and look who's back carter, we missed you. while carter and guys are getting ready, here's what's coming up on the show. >> the only thing we have to fear is fear itself. >> well, maybe not because the vix is doing something really funky and it can spell trouble for the market we'll explain. plus -- ♪ that's what bank stocks are doing and there's something in the charts that suggests it's about to get better. we'll explain and --