hi, everyone welcome to "on the money." stopping the summer learning slide. how more and more education occurs online and why it matters. the sharing economy comes to your car the app that lets you turn over your keys for a few days to collect the check. football season kicks off. big questions about players from pros to pee-wees a helmet may have the answer fashion forward. social media is changing the way it works "on the money" starts right now. announcer: this is "on the money," your money, your life,

your future. now, becky quick >> we begin with with back-to-school it doesn't mean sitting in the classroom with the teacher and the board. it includes opening a tablet or laptop anywhere. more technology in education, the cover story is log on and learn. school is back in session, but increasingly, more learning is occurring on a screen. 5.8 million college students are taking on-line courses 28% of all u.s. higher education students are enrolled in at least one course on the internet the cost of a college degree keeps climbing, it is bringing world class instruction to millions harvard, m.i.t. and others are opening mooc or massive open online courses one of the broadest and most accessible online learning sites is entirely free in 2006, he up loaded teaching

materials to help his cousin with math homework others saw it and wanted videos on more subjects two years later, he launched the non-profit website it's had more than 1 million views and 56 million registered users worldwide studying anything from calculus to chemistry in 36 languages. joining us is the founder and ceo of the academy great to see you today >> great to be here. >> we are back-to-school as more schools embrace online learning, how are your courses being used in the school with teachers or after school with help for homework >> it's a little of all the above. there's 2 million teachers that use us in some way in the classroom. on top of that, we have 10 million students that use them, a lot are in classrooms as free, personal tutor

there's a lot of home schoolers that use us and adult learners that they want to go back to college or curious about something. >> i'm seeing it with my own kids everybody has to remember what they forgot over the summer. is there anything to do to reverse the summer slide >> keep them learning over the summer especially as you get back into school, use tools like this 20-30 minutes a day. get up to speed and get ahead of the curve. >> is this a situation where you need to be a self-starter and self-learner and somebody who is going to drive themselves to utilize this or if i'm a parent who wants to make sure my parent can do this, i force it down their throat >> if a student is super hungry for it and if they are like that, the tools exist. we see letters from students on kahn academy i'm a parent of younger

children i think it's healthy to give them a healthy push. i tell my children, 20-30 minutes a day. it's more about consistency and doing it regularly they see the games they have and things they thought they weren't good at all of a sudden seem simpler. it's if you were using musical instruments. >> we now how it was started it was about how you started out as a math tutor and helping your cousin, i think it was it grew from there >> yeah. i think we started and my background was in tech and math and found myself working at the hedge fund i was tutoring a cousin and made video and software for them. my cousin is reusing it. i set it up as a non-profit and here we are. >> is math still the most popular subject? >> math is a lot of people perceive kahn

academy as math videos we are more about practice, personalized practice. you can go to kahn academy for history and everything it goes to the college level >> which age group is the biggest growth and the biggest users? >> the biggest growth is in that high school, early college area. students learning math, it might be trig, history that's growing the fastest, at least in english we have a lot of international growth on top of that. >> will there be a kahn academy diploma where you can prove you learned things and will work for employers? >> that's the hope and the goal. our mission statement is free world education for everyone, everywhere it's a way to learn the material to be ready for the world and prove to the world you are ready. we are working with a lot of great organizations that are

starting to touch on that. we work with the college board on the s.a.t i would love and i hope it exists in five years or so, if you live in a slum in calcutta, you can self-educate yourself using kahn academy on a smartphone and prove to the world. >> i'm inspired every time i get to talk to you i appreciate your time >> thank you now, here is a look at what's making news as we head into a new week. stocked had their worst day. the dow falling. worries about korea and concerns of hurricane irma. stocks rebounded after president trump and democratic leaders reach reached an agreement the markets were mixed mortgage rates a new low the 30-year, 3.8% for the week

rates on a 15-year mortgage 3.08%. mortgage rates are based on the yield of the ten-year treasury bond and the demand for mortgages. amazon is doing shopping of its own. the online giant is looking for a location for the second headquarters in addition to the one in seattle it would create tens of thousands of new jobs in construction and full-time employees and cost amazon $5 billion. if an 18-wheeler isn't hauling a full load, truckers are losing money the same ride sharing technology is helping connect truckers with available space to companies with smaller loads of freight. >> william has been hauling freight with his own semi for 24 years. he started using an app on his smartphone to find shipments in need of a truck. >> it was more manually as far as war a lot of down time

now, it makes it a lot easier between loading, unloading >> reporter: call it the uberization of trucking. a technological shift two decades in the making shaking up the $700 billion trucking industry apps running on the cloud, powered by algorithms that connect shippers with truckers at a competitive rate. take this rig we are riding in right now. the load was brokered using convoy it connected him with anheuser-busch they needed to move to a distribution center in the bronx. it is making the supply chain for efficient. >> we can understand where we are delaying drivers or see the truck as it evolves and delivers on the map >> reporter: the move toward automation represents a change in how truckloads are brokered a business that relied on people, relationships, phones,

fax machines to match freights to trucks. they are not alone uber started a similar one the innovation means more transparency for shippers and for drivers like william, more money. >> i'm seeing more production with the company it's going great for my business >> reporter: for "on the money," i'm morgan in newark, new jersey >> football returned a new type of equipment could protect players on the field later, think airbnb for your car. would you give your keys to a stranger for cash? maybe not. take a look at how the stock market ended the week.

it's a new football season, both college and the nfl are under way. growing concern about concussions and safety continue to surround the sport. this year, a seattle based start up has a new type of helmet. dave is the ceo and co-founder thanks for being here, dave. >> good to be here, becky. >> as soon as i picked this up, i thought, wow, this is heavy. tell us how it is different and protects us. >> it is different if you are used to picking up a bike helmet or ski helmet. for a football helmet, it's normal today's helmets have a hard outer shell. this yields like a car bumper when impacted. >> extra padding and more flexible structure >> that's right. it's like an old carver sus a new car. the old cars from the '50s and '60s had a rigid chassis

>> the idea that it yields is great news you can't necessarily create a helmet ma will protect you from every head injury. what does this do and cut down >> absolutely not claiming it can stop concussions it reduces impact. it finished number one on the performance testing this year. >> this has been used in an nfl game, just past. >> the season opener, the chiefs against the patriots a dozen of the chiefs were wearing it >> what have the reactions been from that game and where you tested it? >> they say two things, it feels different in a collision they are not feeling the severity of the impact as much they are not having white out moments or seeing stars, which

is good. they appreciate the wider field of view. that's both a safety and performance feature. russell wilson, for example is in the helmet for the seahawks he likes that he can see the whole field. less likely to be blind sided. a helmet alone is not going to help everything. we are hopeful this is going to make a big difference. >> nfl teams, how many are use zing it? >> half of the nfl teams purchased it 70 nfl players are using it to date it's terrific for the first year >> this is more expensive. it costs $1500 versus the $400 of a standard helmet, is that correct? >> yes our engineering team is working on additional helmets for high school and youth players that are less expensive, but optimized being lighter and smaller. >> how soon could we see that?

>> the next 24 months, football helmets and helmets for hockey, girls soccer >> why just girls soccer boys do headers, too >> they do, but girls have a higher concussion rate than boys >> really? >> we want to start with the most difficult and work down >> thanks for being here >> my pleasure >> really appreciate it. up next, using your car to earn cash. the app that is getting a lot of attention from big companies later, how a fashion brand is catering to the i want it now generation i love you, basement guest bathroom.

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it's a sort of airbnb for cars and lets you rent your car when you are not using it. the business is growing so fast that auto makers from gm are taking notice. we have more >> reporter: when brian bought his tesla, he took out a loan with a monthly payment of $1500. too much to handle not to rose who cut that cost by renting out his tesla a few days a month tototal strangers. >> i have been renting it out. 60 trips over two years. it's basically helped pay off all the payments or deappreciate nation on it >> reporter: rose rents out his tesla through a care share company that features 160,000

vehicles on the app and website. everything from a high-end bmw to a more basic toyota corolla, all rented out by owners who are known as hosts >> a lot of hosts realized that for practically no cost, they can afford to own a nice car and make that ownership experience more pleasant for their personal wallets. >> reporter: german automaker is investing in turo. it's caught the attention of general motors which started maven and is expanding in cities around the u.s what started 20 years ago with zip car offering hourly rentals has risen because the cost of owning a vehicle convinced many they are better off renting for a day or two when they need a car or truck it's good news for brian rose

who met $25,000 renting out his car. >> right now, if i get a few rentals during the weekend, i might take in half of my monthly payment. but there were some months, if i got a longer rental, a week or two, or in some cases a lot of two, three day rentals during the month, like a week, where i sometimes got double what my payment was. >> what about autoinsurance for these customers? they offer it for damage "on the money," chicago. >> care sharing is growing some think it is really going to take off when timeless driving vehicles make it easier to rent out your car you can send the car over to pick them up themselves. we'll see. up next for "on the money," a look at the news ahead what does the struggling retail

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index that monitors the rate of inflation for august friday, retail sales for august are out. if you want to feel old, listen to this, it's google.com day marking 20 years and trillions of searches since the domain was first registered we are in the midst of new york fashion week. it's been around since the 1940s and continues to live on even though the business is going high-tech. joining us are designer and her brother, the ceo and co-founder of their company welcome to both of you >> thank you >> fashion week is here, it's descended on new york. it's changed over the years. how has it changed and how is it relevant >> it used to be open to a small circle of editors and buyers we have seen a shift we decided to open up our show to the consumer actually a year ago tomorrow and invite her. with social media, she was

seeing it anyway, why not make her be a part of it and allow her to shop in realtime and give her what she wants when she wants it >> that is huge. see it now, buy it now you are pioneering that. how is it working? >> it's been fantastic for us. we get to allow the consumer to be part of the process, it's a celebration, kick off the season she doesn't have to wait six months to see the bloggers and editors carry the product. we have seen other brands following this model >> you think it's a sales booster? >> huge. >> huge. you see huge spikes in it. you have to understand, right now, everyone is back-to-school, back-to-work you are thinking about your fall wardrobe, boom, we hit you with a big event and allow you to showcase and see what's available for fall >> is it hard to design knowing the demand is going to be there instantly? >> my design calendar is still

what it was. the buying calendar is still what it was an the editors, it's still what it was. >> you are in charge of everything happening digitally >> yep >> when you showcase your brand, what is more important, instagram, snap? >> each has a different purpose. twitter for news updates pinterest for a news board with the buy button and the stories and live video, we are able to give the customer different views into rebecca's world. rebecca is our ambassador. each one has a different flavor. social gains the audience. >> we have watched brick and mortar suffer. it's having a tough time you have done an interesting thing about bringing technology into the store do you think that's what saves the brick and mortar store >> yeah, i think it becomes

about experience the way you boost the senses in some way for us, we said there's so many efficiencies in e-commerce, how do we bring it into the stores so it feels like rebecca is always there or the lighting is approximated in the store or you get recommendations pertinent to what you brought in or self-checkout. >> sure. >> on the experience side, we want to make our stores a hub for community. we host chats and art openings entrepreneurs that want to launch something >> we host the great events in the store and they go out through digital and social and the e-commerce starts driving as well it's like the minievent becomes a mack kro moment. >> how do you design for millennials? is it different?

>> i'm a millennial. i'm designing for a woman who wants to live a fearless sight i'm a little bo hemoyan, a little rock and roll put on that jacket and say today is the day i quit. >> embolden them >> exactly thank you for being here, appreciate it. that is the show for today i'm becky quick. thank you for joining us next week, with news of data breaches, atm alert as well. the device thieves are using to steal from your car. how to keep your data and cash safe you can keefe it here. "on the money," we'll see you next weekend my name is jeff sheldon, and i'm the founder of ugmonk. before shipstation it was crazy. it's great when you see a hundred orders come in, a hundred orders come in, but then you realize i've got a hundred orders i have to ship out. shipstation streamlined that wh the order data, the weights of ,

everything is seamlessly put into shipstation, so when we print the shipping ll everything's pretty much done. it's so much easier so now, we're ready, bring on t. shipstation. the number one ch of online sellers. go to shipstation.com/tv and get two months free.

we are live at the nasdaq market site. the game issal year. while they're getting ready, here's what's coming up. >> well, comes down to a few moments. >> and apple's moment is fast approaching with the release of its new iphone we'll tell you how to protect your shares while still profiting. plus -- ♪ that's what biotech stocks are doing and there's one name that looks ready to break out we'll explain. and -- reach out and touch someone far away