ana, because it is so close to the southernb tip of florida, we only have a couple of days to watch before any possible impacts of things such as high surf and rip currents. it is something that we will be watching over the next couple of days so stay tuned to cnn. >> okay. we will keep the fingers crossed that everybody stays safe. and we will have "cnn money" up next with jim sciutto. thank you for spending part of your weekend with us. more bloodshed in israel and gaza and a stalemate in ukraine and the gruesome murder of a american journalist, and it looks like the world is falling apart, but there is a part of the u.s. economy that is getting stro stronger. is this what a bubble feels like? i'm christine romans and welcome

to cnn money, and the world is on edge and making richard branson really sad. i will ask him why he wants to meet with russian president vladimir putin. and protesters clashing in ferguson, missouri, and is a camera on every police officer the answer? we will ask the co-founder of taser what the answer is. and is the stock on a new high and the apple of wall street's eye or the ripe for a dropdown from earth. and now from twitter, a violent clash in the american heartland to the gruesome beheading of an american journalist. and twitter has gone from using it to defining it. when they used it to post the video of the beheading, twitter took action. and also a young black teen that was shot to death by police, and the violent protest that

followed unfolded on twitter. and it was before the traditional news outlets. we have joined by our panelist, and lori, twitter has been news before with the arab spring, but h this time, it feels differently as if twitter has grown up here. >> it is a watershed moment for twitter, because the company is forced to make editorial decision decisions. when this picture was posted, normally they don't say, hey, we will take it down and they won't comment on the specific accounts, but in this situation, we are seeing that dick koslo is going to have to make decisions like we do in the news media. and then there was quite tweeting, and carrying the message with him, and so we are at this pivotal point where they went are from carrying the message to almost delivering it to a degree. >> and it is almost as if they are gatekeepers of the message,

and this is jose, the difference. >> and i have to jump in that twitter is a private corporation, and they have a right to do that, but i don't know if i want twitter as a social media platform to sensor news. even though the gruesome images of the journalist being killed are horrific, and sometimes good things come out of it. and it incites people to do good. you mentioned the arab spring, and that is inspired because of some of the images of the aut r authoritative government closing down on citizens. >> and right now, nobody wants to advertise right next to the ferguson or isis blackout, and that is a big problem. >> yes, a big problem. and twitter has evolved over the last few years, and so much for the e selling of the stocks. this month, it looked like a long awaited krcorrection of th

stock market, and the beginning of august looked ugly, but it did not last, and s&p 500 with record highs this month. and this is as the nobel prize winning economy robert schiller and carl icahn warning about bubbles, and robert rubin warning about excesses in the econo economy, and not saying where. alan greenspan warned against irrational exuberance and then the bubble crash ed and so peope hear this and they say, i could make a lot of money before it crashes. >> yes, and so people need to caveat it by it may be different. if you look at how the dow is up, and the s&p at record highs, and there is reason to understand why this bull market is looking mature, and the valuations are maybe getting stretched, but the problem is whether that is a bubble, because it is very, very debated

issue. one thing that feels different, chris, you and i covered the other bubbles bursting. at the time, there was a private sector herd mn mentality and everybody running in, and nobody worry worried, but they ran for the exits at the same time. and this bubble is being driven by the central banks, and they are move ning to the exit, and waving the flag, and with the possibility of the excesses they are deflating without it bursting in the disorderly way, but it does not mean correction, but it is not going to be feeling the same as bubble bursting. >> and what about tech? people say it feels so bubbley and it is a four-year high for tech. >> and i spoke to tony in the industry, and i said, are we in a bubble, and he said, not this question again. we are nowhere near in 1999 to like 2000, absolutely not. >> and we are afraid of hurting when they pop, but you feel good

when you are make money in the last bits of them. apple is on fire, and we are calling it america's favorite stock, and check out the performance, all-time new highs with the new products coming next month and a reported new iphone, and iwatch, and is this hot stock or just something else? >> well, it used to be that everybody had a iphone, but no, with the stock pop, everybody is excited about the potentially seeing the iphone 6, because they want it, and they want it when steve jobs would come out and say, one more thing and deliver a mind-blowing product. they believe we might get it, and something like the beats acquisition, and that is why the investors are excited about the stock. >> what is interesting is that the people, the bulls of the apple say it is not about the phone, but it is because they are a software and hardware company and they have not begun to crack the cloud. robert mcafee says if they do that the, they will take over the world, and he believes one

of the cheapest stocks in the stock market incredibly. >> and eyes are on the iphone 6.0, and they are on top of the wor world, an even if something goes wrong with that product line, they have a mountain of cash, and they can do whatever they want. >> they could can buy every brand in america a few times over if they wanted to. >> and now sh, in the e hacking the credit cards not from the big box store this time or payments from a website, but the hackers hit a major hospital network, community health systems runs 206 hospitals in 29 states, and the hack hit all of them, and 4.5 million patients affected. what happened, jose? >> this is terrible news that they were able to get on to the mainfra mainframe, and steal names and addresses, and social security nu numbers and birthdays and telephone numbers. this is just one form of in

intheft, a and not identity theft, but medical identity theft. there is a huge black market for our medical data, because people want to use it and pose as patients going into the doctor's offices and get prescription drugs that they can later sell on the street or fraud you leu t on the street or fraud you lele willy bill medicare -- >> so prescription drugs, and defraud medicare and there is a lucrative market there. >> yes, and you hahave hospital trying to protect patients and it is a siber war out there. >> and it is just that you are bleeding and your kid is sick, you have to go into the hospital, you have to hand over the information. >> and this is about the hospital protecting itself. >> okay. guys, listen to this sound. that makes me twitch, the newborn cry. babies are cute when they are crying, but this is another sound for you, pause that baby is expensive. all of them are.

the government says it is going to cost more than $245,000 to raise a kid from cradle to college, and i is a they are worth every penny, and the beautiful thing about the government statistics and yes, they do keep statistics on it to plan for the quarter of a million dollar kid. and it is the scale to share the clothes and the bedroom, but -- >> you will have more money if you do that. >> i love that the government keep keeps the statistics. >> and one that strikes me is child care. and housing is part of it, but the child care and it is not just the money, but the emotional strain, and the powerful story about the starbucks e employee, and they came out quickly saying that we will pose the schedule ss aheadf time, and it is items other than than money that keeps you from taking that promotion. >> and parents are paying for child care for the kids not in school. it adds to the bottom line. >> as a millennial, and we graduated in 2008 and coming out of college in a recession, and

all of the pressure on the income, and also what maggie mentioned a culture of overwork. can you have it all? that is a question that people ask, and i think that it is something that they look at. >> can you have it all? you will have to pay for it. have a nice weekend, everybody. >> one piece of technology could have changed the conversation in ferguson, missouri, and so why doesn't every cop in america have one? the ceo of taser will answer that next. [ starter ] ready! [ starting gun goes off ] [ male announcer ] it's less of a race... yeah! [ male announcer ] and more of a journey. keep going strong. and as you look for a medicare supplement insurance plan... expect the same kind of commitment you demand of yourself. aarp medicare supplement insurance plans insured by unitedhealthcare insurance company. go long. insured by unitedhealthcare insurance company. moderate to severe is tough, but i've managed. i got to be pretty good at managing my symptoms,

except that managing my symptoms was all i was doing. when i finally told my doctor, he said my crohn's was not under control. he said humira is for adults like me who have tried other medications but still experience the symptoms of moderate to severe crohn's disease. and that in clinical studies, the majority of patients on humira saw significant symptom relief. and many achieved remission. humira can lower your ability to fight infections, including tuberculosis. serious, sometimes fatal infections and cancers, including lymphoma, have happened; as have blood, liver, and nervous system problems, serious allergic reactions, and new or worsening heart failure. before treatment, get tested for tb. tell your doctor if you've been to areas where certain fungal infections are common, and if you've had tb, hepatitis b, are prone to infections, or have flu-like symptoms or sores. don't start humira if you have an infection. if you're still just managing your symptoms,

ask your gastroenterologist about humira. with humira, remission is possible.

we may never know what happened in the shooting of michael brown as several witness account accounts contributed to the killing and the clashes. no video has emerged to tell the whole story. the city of ferguson said it is make making a commitment to secure funds for the dash cams for the police officers. one of the industry leaders in the technologies is a company called taser. they made their name selling stun guns and other non-lethal

options for the police. they have a line that is body cameras that attach to eyegla eyeglasses and a version that plugs into the stun guns. rick smith is the co-founder and ceo of taser. rick, i'm curious, if the ferguson police department has contacted you to use tase theers in the future? >> we are not talk about any agencies who have called, but we have seen is a tenfold increase in the interest of camera devices. >> so from law enforcement around the country wanting to make sure they have eyes on a situation like this after it happens? >> absolutely. the real issue here, i think because people don't know what happened, it is a all of the conjecture and frankly, you have to use your imagination, and then people's biases come into place, and some people think that you can give the police the benefit of the doubt, and some people who don't, and it is tearing that community apart, and if we all knew what

happened, and if the police did something terrible, and it is known in public, they could begin the healing process and own up to it, and take krek istive actions or justified, because it is a more dangerous situation, we would feel bet te about it, but it is the uncertainty that is breeding the troubl trouble. >> yes, and between groups that don't trust each other. why don't police officers carry a taser and gun as standardproc? >> in this country, about 75% of police officers do. they have access to a taser while on duty. so not everyone, but most do. >> and in this case, more than a taser, you think that the camera would have been key? >> well, with we don't know what happened in the incident. i can tell you that when the city of cincinnati deployed tasers, they saw a dramatic drop in police shootings, and cincinnati used to have a

community torp apart by race, and we played a big part with that and tasers. but the cameras comes in addressing the uncertainty part. >> and you talked about the jump from inquiring about 10-fold, and is cost keeping some departments not doing this or is the cost of the cameras? >> well, it is not the cost, bu t the technology. if you put 100 or 1,000 cameras on the street, how do you deal with all of the data they generate. historically, most of the agencies and the officers would have to come in and look at the computer half a day and burn the disks. so we think that the real leverage is making them conne connected to the cloud like apple did with the ipod, but if there is the anything positive here that sometimes, these sorts of tragedies can lead to change, and you know, i started the company, because i had a couple of friends shot and killed, and out of that tragedy came a company that has had a big

impact on saving lives around the world, and maybe some good will come out of all of the public discourse here. >> and rick smith, the founder, and ceo of taser. nice to see you. >> thank you. and coming up, 25 years after the end of the cold war, business leaders from around the globe are worried. they are worried about the return of the dark days and why virgin group founder richard branson wants a meeting with apew tipp, next. if you want to make things that move, move better, just talk to one of our scientists. they'll show you a special glue we've developed that bonds metal to plastic. and that makes the things you're trying to move... lighter. the less weight... the less energy. and what you save can be used for speed. for efficiency. or just for fun.

this is the human element at work. dow. that's keeping you from the healthcare you deserve.. at humana, we believe the gap will close when healthcare gets simpler. when frustration and paperwork decrease. when grandparents get to live at home instead of in a home. so let's do it. let's simplify healthcare. let's close the gap between people and care.

noyou can watch live tv anytime. it's never been easier, with so many networks all in one place. get live tv whenever you want. the xfinity tv go app. now with live tv on the go. enjoy over wifi or on verizon wireless 4g lte. plus, now you get up to a $100 prepaid card when you purchase any new verizon wireless smartphone or tablet from comcast. visit comcast.com/wireless to learn more our new cold war, 25 years after the fall of the berlin wall, some e global business leaders fear the return of the iron curtain. this week, russian officials

shutdown four moscow mcdonald's, and authorities there cite sanitary violations, but there is more than a sneaking s suspicion that those closures are retaliation for western sanction ises gaiagainst russia. as the relations deteriorate, virgin founder richard branson penned a letter calling for a peaceful solution to the russia/ukraine conflict and signed by 15 other russian and ukrainian business leaders. i spoke to branson about the growing concern that progress made over the last quarter century is being erased. >> we all speak with one voice, and i must have spoken over 100 russian businessmen and over 100 ukrai ukrainian businessmen, and western businessmen, and every wone of us are incredibly sad that the e dreams of what had happened when the berlin wall came down of the russian people

being able to trade merrily and go on the holiday with the western people, and with working together to sort out to bigger problems of the world, and it seems to be diminishing rapidly. >> and is this letter meant for vladimir putin, the russian president to take heed that we are going in the wrong dr direction? >> president putin, i think that he needs to realize that russian business people, and the people who have signed this document, you know, the biggest car manufacturer in rush sharks and the biggest dairy producers in russia, and the biggest supermarket chap are all self-made people who are very sadden and worry ared a tbt way that things are going, but the last thing that is needed is military intervention. and you know, that should be a thing of the past. further military intervention is go ing the result in decades, i think, of russia being ostracized and it means that the europe won't buy the fuel are from rush sharks and the people of russia will suffer, and that is not the answer. >> you are talking about people

coming together to erase differences and barriers, and the russia that avladimir putin sees is very different. >> i think that he got ostracized by the west, and as the western and the you crepian and the russian people, business people, we need to get the trust back again and have president putin feel, and not that ukraine should be a part of europe or russia, but that we should all b be part of one world. i would be delighted to sit down with him and delighted to meet him and delighted to see whether, you know, the issues can be bridged, because they have to be bridged one day. you know, today is better than waiting for tomorrow. >> and i asked sir richard to let us know if he gets a that rsvp from president putin. coming up, american students heading back to school after a

very long summer off. why is the world's largest economy so lazy when it comes to days spent in school? or try new! jumbo lump crab over wood-grilled salmon. crabfest is now... but ends soon! so hurry in and sea food differently!

add vanishing deductible from nationwide insurance and get $100 off for every year of safe driving. we put members first, join the nation.

nationwide is on your side. uh, hi. i'm here to drop off my password? . i'm sorry, i'm just here to what's the password.

uh,synergy? datafication! gamification! university of phoenix has had alumni at every fortune 100 company... ...so we can help open the door to your future. go to phoenix.edu to get started today. it is that time of year again and back to school. every time this year, i ask why are american children out of school for all summer? for this, to bring in the harvest? maybe that is one reason for the long breaks started, but this vestige of america's agrarian

past is hurting the future, and just ask education secretary arnie dup ce duncan. >> well, this is the chance to compete in a global environment, and if in other a countries, they are are going to school 30 or more days than us, it is a intelligent disadvantage. >> and so children stop learning 35% of what they have learned and the summer slide hits the low-income learners the hardest. 10% of children, american children are in summer school. and that is why programs like practice makes perfect are important and it is a nonprofit ser isving 500 new york city school kids in the summer. we stopped by to check it out. >> >> and how do you do this? >> well, a lot of the students could not read or write their own name, and there is so much that you lose over the summers

and the teachers have to spend two to three months reviewing the same material, and then you are falling behind, because you are not getting as much done. >> what practice makes perfect is doing is to be a seamless integration from school year to school year and be a cornerstone. >> two-thirds of the reason that the achievement gap exists is because of the lack of learning opportunities in the summer for low income families in innerer cities. >> the reality is that you are putting yourself at a disservice when you are not involved in something academically challenging or enriching over the summer. it is proven, and the current model is definitely broken. >> broken and old-fashioned. programs like these battling a summer slide are a start, but there should not be a summer slide in the first place. of course, you won't hear the kids clamoring for a longer school year, and the teachers don't like it either, but the economic future depends on improving the system, and three

months off is a relic that does not make sense. and think about it, your kids starting week has to e relearn everything they lerped last year before moving forward. so let's just start moving forward in november? that is unacceptable. so set your dvrs to catch the money news that matters to you the most. follow us on cnn mo nney on twitter. see you monday, everybody. you are in the cnn news room and i'm jim sciutto in washington. two huge stories we are following this hour, one at home after the unrest in ferguson, missouri, and another threat abroad with the terrorist group isis. and we will begin in missouri where the supporters of the ferguson police officer who shot and killed 18-year-old michael brown took to the streets today making their own