hi everyone welcome to "on the money. cracking the code, the demand for tech jobs is on the rise, but the number of women in the field is falling why? and what can be done the future of the space race, we will talk to a former astronaut. we are in the thick of hurricane season, and there's already been billions of dollars in damage. should you get flood insurance, and what does it cover gets fit and kicking butt. the husband and wife team behind a booming way to stay healthy. "on the money" starts right now.

this is on the money, your money, your life, your future. now becky quick. we begin with who's hiring and who's getting hired. the tech industry is among the fastest growing in our economy, and yet women are being left behind today fewer than one in five computer science graduates are women. why is there such a huge disparity, and how do we close the gender gap when it comes to technology that's our cover story. >> computing expertise with coding at the core is the most in demand skill in the american job market amid this boom, research shows that as a percentage, the number of women computer science majors is declining in 2016 more than 80% of computer degrees were earned by men, and almost 75% of professional computer jobs are held by men. why are women falling behind i recently spoke with melinda gates of the bill and melinda gates foundation about the imbalance. >> women are so underrepresented

in the technology sector in the united states. we need to create new pathways for women into technology, that first opening computer science class at college is too late >> girls who code is an organization created to help young girls discover technology. the program offers curriculum to set up after school clubs so girls can learn the basics of coding with the ultimate goal of inspiring them to pursue a career in technology in just six years 90,000 young women across the country have signed up, and the girls who code alumni who have declared majors are excusing computer science or related fields at a rate 15 times the national average. joining us now is the founder of girls who code thanks for being here. >> thank you for having me. >> you started this six years ago. what was the inspiration why'd you do it? >> i'm a weird person to have started this organization. i was terrified of math and science growing up i wasn't a coder i was running for office, and

when i would go into schools, i would siee dozens of boys clamoring to be the next steve jobs and mark zuckerberg i thought where are the girls? my parents came here as refugees i've had a job since i was 12. i knew that having a great education, having the opportunity to march into the middle class had changed my life and my family's life, and i wanted to make sure every girl in america had that opportunity. >> how does the organization work we just saw some of it how old are the girls, and where are the clubs that you're signing them up? >> so we run free summer programs for rising juniors and seniors in high school we run them in about 80 different technology companies from facebook to twitter, to adobe to prudential, to microsoft to receisephora. we have about 4,000 clubs in all 50 states. we probably run the largest summer and after school free

programs for girls. >> we just mentioned there's been huge success, 15 times the national average for girls who have signed up and done this what happens next? i know you're partnering with some colleges at this point. >> yeah. the thing is i realized we can close the gender gap when you tell them about computer science, they get interested we also know the pipeline is leaky all throughout if you raise your hand and say i'm gust to major in computer science, half of those women will drop out by the time that they graduate. >> why >> part of that is that annoying voice in their head that tells them they're not good enough or smart enough that annoying voice can come from a male college student in your class or a teacher with microaggressions or the fact that you're the only one it's isolating it's really important to build community, to build sister hood, to build bravery

>> melinda gets mentioned that it's too late if you wait until you show up your freshman year it's great to have high school girls that are doing this, but is there an argument that it needs to start sooner? >> absolutely. which is why we've launched third through fifth middle school clubs we have to start as young as we possibly can essentially it's in middle school, right? where all of a sudden these subjects aren't cool you're listening to culture. you're wearing the t-shirt that says i'm allergic to algebra, and you're getting these messages that math and science are not for you, and you start listening. that's where we need to intervene. >> that's a pretty tough nut to crack. what have you learned in the last six years that you would put towards how we go after that i always say that i stalk shonda rhimes, right? culture is everything. and the second thing i learned

is we have to raise our girls to be brave, not perfect. from the time that girls are young, we're teaching them to smile pretty and play it safe and get all a's, and we're not teaching them to take risks. we're not teaching them to fail. so much of coding is about failing. >> you mentioned at the beginning that you weren't a coder, are you now >> i've learned, and it was frustrating for me, right? because i was the girl who got all a's. it was hard learning to do something new for the first time it's also been exhilarating and exciting and i feel good that i can start learning to build my own website. >> thank you it's a pleasure. >> thank you. now here's a look at what's making news as we head into a new week on the money. you will soon be paying more interest on your credit card, your auto loan or home equity line of credit after a two-day meeting the federal reserve raised rates increasing the fed funds target rate by a quarter percent saying the economy is strengthening that move was widely expected and rates are still at historic

lows still, the stock market didn't like that and the dow fell on the news the nasdaq and s&p 500 following along. america's economy grew at a strong pace in the second quarter. the final reading of the gross domestic product showed an increase of 4.2% that's about in line with estimates. the gdp says the broadest measure of the size and scope of the economy. weight watchers is slimming down, the company changing its name to ww and emphasizing overall health and wellness rather than exclusively diet. up next, from the moon to mars as nasa turns 60. we will ask nasa's former leader where the next mission will take us. and hurricane season is here, how to protect your home from flood damage. right now, though take a look at how the stock market ended the week

on monday nasa turned 60 they have pushed the frontiers of the discovery from the moon landing to the space shuttle and towards the next goal of landing humans on mars charles bolden has played a major role at nasa thank you so much for being with us today. >> it's great to be with you. >> you've been part of nasa since you became an astronaut back in 1980. >> a long time. >> what does this milestone mean to you >> it's a tremendous birthday to be celebrating six decades of nasa being the organization that serves the nation in the four areas, four primary science and technology areas that we do today being human space flight, science, aerognnottics and technology developments. the giants who founded this organization. >> it's hard to believe 60 years. i'm still trying to get my head

around that. >> president trump has proposed space force as a new branch of the military that certainly has people excited. what do you think of the idea as somebody who's been on the inside >> i don't think of it you mentioned the fact that it's been proposed as a dod program, and i learned a long time ago, i was the nasa administrator, i don't do dod. >> all right, what do you think about getting americans excited and fired up about space anything >> that i am very excited about, and that is the mission that i undertook for president obama back in 2009 when he nominated me to be the nasa administrator, and that's something about which i'm very excited. >> in fact, one of your goals as administrator was to land humans on mars by the mid-2030s. >> that's correct. >> are we still on that timetab timetable? >> i think we're on target to do that you know, the trump administration has taken on the challenge of trying to put humans back on the surface of the moon, which i think is

important. you know, it's not essential to putting humans on mars, but i think it would be a very big step for us, as long as we do it in the right way, which is to capitalize on the development of commercial space sector that is becoming more and more robust each day utilize our commercial sector as well as our international partners to help us get humans back on the surface of the moon while nasa leads the way with our international partners and entrepreneurs in getting humans to mars. >> what do you think about the martian with matt damon? >> it was awe? >> was it helpful? >> it was absolutely awesome, the book and the movie in talking to the director and the producer and others, it was really their intent to try to be as close to fact as possible, and much of what you saw in "the martian" has either already happened or is in the process of happening. an example would be taking carbon dioxide from the martian atmosphere we have a mission called mars 2020 that's going to land on

mars in that year. it will take carbon dioxide, disassociate it so we can get oxygen that we can breathe ask use in propulsion systems. >> i love that the science was real, but it's still scary who wants to get stuck up there trying it figure out how to grow their food with their own poop. >> that's the reason we want -- that's a reason we're going to spend time in liunar or bit. you don't want to have to figure out when things get to mars. >> what about spacex, blue origin, virgin galactic are working to make happen is that a good thing >> i think it's an awesome thing. i would go up in a heartbeat my only plea to them is somebody spend some time in developing the platforms to which humans can go, things to take the place

of the international space station as we try to provide a sustainable infrastructure. >> of course you would go up there. you've already done it dumb question. >> thank you, no, it wasn't at all. thank you, charles. >> thank you so very much. up next, we are on the money. just one inch of flood damage can cost up to $25,000, and there is one way to protect yourself we'lltalk about it also, later, the gym where skills from the ring can get you into fighting shape. do you hear that?

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. with rivers rising more than expected hurricane florence could result in more than $20 billion in uninsured flood losses by some estimates homeowners across the country may now be wondering if they have proper coverage senior personal finance correspondent sharon epperson joins us with what you need to know about flood insurance no matter where you live. if you think homeowner's insurance covers this, you'd be wrong. >> everyone thinks i have homeowner's insurance so anything that happens to my home is going to be covered well, if there's wind damage due to a hurricane or heavy storm, yes, your homeowner's insurance policy will likely cover that, even though you may have a higher deductible if you're in a really windy area, but it will never cover flooding that's what people don't understand when you have a couple inches of water in your basement, like i did this week because of the heavy rain, you have to have flood insurance if you want to have a claim and get that

covered. >> i'm so sorry to hear that it's happened to a lot of people you think you have the homeowners insurance if you have flood insurance, what does it cover how can you run through it >> one of the things you need to know is it's a policy available through the federal government, the national flood insurance programment you can buy it from a private insurer but it does come from the federal government the average premium is probably around $700 a year the other thing to know is you have to renew it every single year you have to make sure you go through the process and renew that every year. >> what if you don't have flood insurance, what happens? >> if you don't have flood insurance you're in a pretty bad situation. you don't have that coverage for things that you need even if you have it, you need to make sure you know what is covered with the flood insurance. not everything is covered. even if you have water in your basement that comes from the sewer, though, it hasn't come from inland water or tidal water. >> how do they determine that sometimes? >> they have their ways of figuring this out. also you have to have a couple

properties in your neighborhood that have been damaged in order to show that that is -- >> an actual flood >> an actual flood what is a flood to you may not be what is a flood to the national flood insurance program. if you do have the coverage, things like your window treatments, your carpet, permanent bookshelves, things where the water has gotten up into your living room and damaged so many things, you're going to be oakkay. the issue is the basements they have permanent flooring and wall covering and tvs down there, that's not covered. >> how are you how's your home? >> my home is fine we have dry vac'd it out i'm hoping it's going to be oake today. >> rain, rain, go away you look at these people and they have friends and family members in the areas that have been ravaged by florence and

they think i'm not in a hurricane zone i don't have to worry about this if you can get an inch of water in your home, you can do up to $25,000 worth of damage in your home anywhere it rains it can flood that's important for every homeowner to know. >> thank you very much. up next "on the money" a look at the news for the week ahead. and what it takes to get fighting fit in half an hour >> 30 minutes i'm burning a thousand calories.

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. here are the stories coming up that may impact your money this week. on monday we will get construction spending numbers for august on tuesday we'll see how many cars and trucks were sold in september. wednesday marks ten years since taxpayers bailed out wall street with the $700 billion troubled asset relief program, which of course was also known as tarp. we'll see how the manufacturing sector is doing with factory orders, and be on the lookout for deals if you love tacos. thursday is national taco day. on friday it's the jobs report for september. punching and kicking your way to fitness. that's the idea behind nine round. we went to one location to see who's jumping into getting fit the way fires do. >> nine round kick boxing, each round is three minutes long. it's a full-body workout

it's nonstop you're throwing kicks, you're throwing punches you're working your shoulders, your chest, your back, your legs along with the kicks, with the punches we like to throw in push-ups, situps, anything squats. >> four months i'm down about 25 pounds just strength, endurance, stamina, everything. >> i am faster my mind is faster so my body changed. my mind changed and it's great. >> i lost about four inches off my waist it's not a fad it's become a lifestyle to me. >> afterwards you feel like you've accomplished something. >> you're able to come in, get the workout done, and be out that's it. >> nine round was cofounded ten years ago by the husband and wife team of shannon and heather hudson thank you guys both for being here. >> thank you. >> heather, you met shannon when you took one of his karate

classes. >> i wanted to learn self-defense, and ended up finding -- really finding myself, you know, through fitness. that form of fitness was new to me i had always done step aerobics. i talk about how i'm grateful to my mom for instilling a love of jane fonda in me that was kind of my gateway drug to fitness all jokes aside, i felt more powerful when i left a karate class than i'd ever felt if you just fast forward that to us opening nine round, it was very empowering for me to do that workout it's been a great ride ever since. >> you were a professional kick boxer and boxer when you guys first started this whole thing. >> yeah. >> what lessons did you take from that? >> i won a world title, you know, and i only made $2,400 for the world title. i'm like, you know, there's gt to be a better way besides the money i said how do i take this type of training and give it to real people but take out the worst part, which is

getting punched in the face. let me tell you it's no fun. we created this workout in 2008 on a shoe string budget. it's 30 minutes. there's no class time. it's a circuit you're never late. it's convenient, and you get the best workout in the world. >> i heard a guy say he burned off a thousand calories in a half an hour. >> 500 is very common for people to burn in 30 minutes. but if he does a thousand, maybe he does. that's fantastic. >> 70% of your clients are women, which is a little bit of a surprise to me. >> when we opened it, we were on a crazy low budget we really didn't have any money, and we anticipated it kind of being like the karate world, but it wasn't. all these women were coming and if you kind of cut back to the roll we saw, the lady speaking she said i feel stronger after i do this workout. i feel better mentally my own journey is exactly the same as hers my mental strength has gone up

increasingly parallel with my physical strength. everything i've been able to do physically more and more i've been able to do more in life and gotten mentally stronger with every rep and every extra push-up, every kick and every punch. so it's been a very good journey, and we find that everyone's fighting something, so that's why our mission statement's in making our members stronger, physically and mentally it's a direct mental correlation. >> not to mention the stress relief that must come with this stuff. >> exactly how difficult does it come under the franchise model? does everybody have to be exactly the same >> that's a great question our top franchise owners never have kick boxed before in their life they love people they love fitness, and they love the brand. if they do that and follow our systems they're going to do great. >> how often do customers come in >> we recommend two to three

workouts if you love yoga, keep doing it, but 9 round gives you everything in 30 minutes. >> can you hit really hard now >> i can i got my black belt through his karate school. i did achieve that, so yeah, i can actually kick someone in the head really easily. >> i might need some lessons i want to thank you both for coming in. >> thanks so much for having us. >> that's the show for today thank you so much for joining us next week a diamond with a very unusual past, and by the way, this is underselling it. i just found out what this is really about you have to tune in next week to hear this. it's creepy. each week keep it right here we're on the money have a great one, and we'll see you next week.

we're live at the nasdaq markets in times square. here's what's coming up on the show >> talk about going up in smoke, tesla shares are in free fall, and you won't believe how low some options traders see it going. soup and cereal stocks could be bad for your portfolio's health so says dan nathan, and he's got a way to profit. plus, talk about hanging tough. ♪ oh, oh, oh