>> america's approximate public health system facing the ultimate challenge. stopping the spread of ebola. does it have enough money to succeed? this is cnn money. >> ebola diagnosed for the first time on american soil. >> this case is serious. >> america's public health machine calling for calm. >> this is not west africa. this is a sophisticated thing. >> no doubt in my mind we can stop it in its tracks. >> stopping it won't come cheep. they committed to battling the deadly disease and the effort to contain ebola in west africa could cost $1 billion. >> if we take the proper steps, we save lives. >> on wall street, investors are bidding up biotechs can experimental treatments and the government and not the private

sector is charged with preventing ebola's spread. the budget battles of the last two years may have hurt its ability to respond. >> the money that you have for initiatives such as the development of vaccines and the development of drugs suffers. >> we're want more vaccines and therapeutics, there will have to be more funding. >> ebola is here. is america ready? >> dr. sanjay gupta joins me now. america has the biggest health care system in the world. 16% of the american economy is spent on health care. why does it feel like they were caught flat fooded bia disease that could come here? >> two answers to this. one is a money questions. when you think what we spent on health care, how much is being spent on things that prevent problems down the road. we are not good at that part. the centers for disease control and prevention, $600 million

shorter over the last four years in the time period prior to that. that is discretionary spending. it's about a billion dollars less as compared to a decade ago. they will spend about a billion dollars on this ebola outbreak in west africa and here in the united states. we are down about a million dollars. that is part of the problem. if you look at the issue this is past week and the not disclosing, for example, the travel history for this patient and as a result he was out and about two days still sick. things like not cleaning up this woman's apartment with all the decontaminating the areas over there. that's not a money issue. part of that is leadership and part is human error. i'm not sure how much money can fix those things. it's a combination of both. >> that's a good point. why is there no ebola vaccine available right now? >> the numbers have been small.

up until this past year, you talk about an infection that is in central or west africa. a small number of people roughly. frankly pharmaceutical companies were not that entered in creating a vac seen this can be expensive to create for a small number of people. the people that were interested in it were the defense department because they worried could ebola be a weapon of bioterror? if you look at the funding and where it was coming from, a lot was coming from the military. that is changing because the numbers are higher and it's changing because you have at least one patient here in the united states and there is probably going to be more. i think that's going to change and a lot of that will come from the private sector. >> dr. sanjay gupta, great transition to cnn money. budget cuts affecting both the national institutes of health and the cdc. do you think that is hampering

america's response to ebola? >> we talk about budget cuts in terms of dollars and cents. this is where the rubber meets the road. we had the nih, the national institutes of health top researcher say these budget cuts have dramatically reduced our ability to fight this outbreak, right? the cdc's unit for responding to the outbreaks, $13 million less than they had the year before. it's really critical that the government thinks about the outcomes and the ripple effects of sequestration. there reports it doesn't matter how much money you throw at the government because they can't get these drugs approved fast enough. >> let's talk about these. the u.s. directing some money to fast tracking the drugs. is that going to help? >> that's it. some of that money is $58 million that the congress and president obama authorize to go to this agency you should negotiate the differently health

and human services and responsible for ushering drugs through the approval process and helping to produce the experimental drug and a lot of focus on that. they are completely out. that's what the national institutes of health are saying. it takes a lot of time. they are grown into tobacco plants that cake a couple of weeks. bottom line, you can throw all the money you want at it and it won't make the plant grow faster. >> we need to know if it works. that's the other problem. >> no phase one or two trials on this. >> great stuff. thank you. coming up, how hard is it to refinance your mortgage. the former head of the federal reserve said the bank turned him down. have lending standards -- have they become too tough? what am i thinking about? foreign markets.

asian debt that recognizes the shift in the global economy. you know, the kind that capitalizes on diversity across the credit spectrum and gets exposure to frontier and emerging markets. if you convert 4-quarter p/e of the s&p 500, its yield is doing a lot better... if you've had to become your own investment expert, maybe it's time for bny mellon, a different kind of wealth manager ...and black swans are unpredictable. but when we start worrying about tomorrow, we miss out on what matters today.

♪ at axa, we offer advice and help you break down your retirement goals into small, manageable steps. because when you plan for tomorrow, it helps you live for today. can we help you take a small step? for advice, retirement, and life insurance, connect with axa. get 4 lines for a hundred bucks. for advice, retirement, and life insurance, with unlimited talk, text and now up to ten gigabytes of 4g lte data. plus hook up the family with the samsung galaxy s5 for zero down

the unemployment rate back below 6% for the first time in years. that leads our top five this week. our panelist here and the job market is improving. 248,000 jobs added last month. look at the trend. a solid trend with a rate at 5.9%. but on the local level, americans still say these jobs don't pay enough. wages are flat. this week the mayor in new york expanded new york's living wage law. what is that? employers and buildings that get subsidies have to pay workers $13.13 an hour. the fight to raise the minimum wage moved to the cities and states. it's interesting when you have a strong jobs report that it just

brings up this idea of an economy that is not working for everyone. here it is strong and for all those other people who are screaming for a higher minimum wage. >> the conversation has been so pervasive for so long it's as if the two have been decoupled. >> i agree. >> the wisdom shifted in the country even among academics. people were teaching in econ 101 raising the minimum wage is bad. text books are being rewritten. >> i think it shifted to who is going to raise it. los angeles or places like new york and subsections. it feels like the debate is dead-on the national level. >> a lot of people wonder when the fed will raise rates. they cannot raise rates until wage growth outpaces inflakz. you have participation falling dramatically and you want to see

people not being demoralized and fund it. >> it's difficult for people it say the job market is getting better because we all know someone for which it is not. they try to be careful about crowing about the numbers because it makes them look out of touch. we have seen fast food workers protested low wages and in hong kong a different fight. thousands gathering to demonstrate for democracy as they krizle away at the autonomy. they remain peaceful despite tear gas and pep pepper spray early on. the united states has been quiet on this. china is a huge training partner. hong kong is this hub, this major hub. do you think this is something that will have a lasting effect. >> it's interesting. you mentioned hong kong has a prominent in terms of the global financial system.

then have you all these luxury stores being shot temporarily at least. that is affected because 7% less are visiting hong kong. >> i was most intrigued by instagram being blocked. you can go on there and see where in china different things are blocked. the cool they depend on like google and calendar and google docks. cleaning up the trash. they have to be in touch. >> that are helps them in the press coverage. >> for does. you're right. more than 80 million of you who

are jpmorgan customers's accounts were hacked. 76 million households. the bank said the customers are safe. they said your money is safe. hackers didn't get any financial information. customers should be on guard and still another huge security breech. >> you can't overreact to this. those e-mail addresses can be used to send your phishing attacks and that's how the naked celebrity photo happened. people use that to guess your password. >> you said fatigue. you are starting to make me care. i felt so desensitized by the series of revelations even though the numbers are so big, the stories start to blur together. >> it feels like every week there is a major hack.

why should we worry? >> compared to how to handle it, they came out ahead of the problem. they hid information. it was 40 million people affected and the next it was 110 million. we didn't know where the data was impacted. the banks i think spend a lot of money because so much is at risk. >> they are going to spend $250 million next year trying to defend themselves from the cyber criminals. if you think it doesn't affect you, all of us are going to absorb that cost. >> somebody has to pay for them. that's right. from hacking to streaming, netflix is doing their best to shake it up. 234e9 flicks users will be able to watch the sequel at the same time the movie appears in i-max. the streaming service said comedian adam sand ber will star

in four films for netflix. brian, what's going on? that's the movie industry and not just television. >> they are acting on behalf of the consumers. not just in the movie theater. they are helping to promote netflix to announce adam sandler will have a great promotional moment. >> he has had that? >> it's an interesting choice. his wedding singer days is all over. >> that was a great movie. >> that was 10 or 15 years ago. they haven't done so well. >> maybe that's why he did this with netflix. >> some of the most downloaded movies are adam sandler movies. people do like adam sandler. >> they can use the data they have to figure out which movies to pick up. >> watch out, netflix. i watched the transparent series on amazon prime. it is the best series i have

ever seen. the actor from arrested development plays the transgender character coming out to his kids at 7 years old. getting to mead christian in the hall way. it could be a game changer. that's on prime. >> i love it. how tough is it it get a mortgage? the former head of the federal reserve, ben bernanke said the bank wouldn't let him refinance his loan. he revealed that in a conference in chicago this week. lending standards were tightened after the house housing melt down. if the former fed chief can't, he gets $200,000 a speech or something. >> it's hard for first time buyers. in four people apply end up getting rejected even if you have the 20% down and have perfect credit. >> so many people in our 20s are choosing to rent even though we could afford to buy. if ben bernanke can't do it?

>> we wonder why millennials will seem skeptical than other demographics. maybe these stories and the environment. >> some of them have great jobs and they are good savers. bernanke. >> that would be a scandal. >> you're right. self-driving cars. could they be coming sooner than we think? a mysterious tweet is next. [ children yelling ] [ telephone rings ] [ shirley ] edward jones. this is shirley speaking. how may i help you? oh hey, neill, how are you? how was the trip? [ male announcer ] with nearly 7 million investors... [ shirley ] he's right here. hold on one sec. [ male announcer ] ...you'd expect us to have a highly skilled call center. kevin, neill holley's on line one. ok, great. [ male announcer ] and we do.

it's how edward jones makes sense of investing. ♪ it's how edward jones makes sense of investing. i take prilosec otc each morning for my frequent heartburn. because it gives me... zero heartburn! prilosec otc. the number 1 doctor-recommended frequent heartburn medicine for 9 straight years. one pill each morning. 24 hours. zero heartburn. used daily, it exfoliates, smoothes, softens. 90% saw smoother, softer skin in one week. gold bond. ultimate lotion. ultimate skin.

thebut in the case of the s to thlexus ls.... ...which eyes? eyes that pivot with the road... ...that can see what light misses... ...eyes designed to warn when yours wander... or ones that can automatically bring the ls to a complete stop. all help make the unseen... ...seen. and make the ls perhaps the most visionary vehicle on the road. this is the pursuit of perfection.

. >> you might not be driving at all in the future. a mysterious tweet about trying to unveil the d and something else. could the d refer to driverless? it's so secret he has sights set on building a self-driving car. they have jumped into the race and will they be the first to succeed? here's what he told kachle crane. >> is the future of the auto industry autonomous and will they be a reality? >> they will be a reality. in terms of the car next year, it will probably be 9090% of your miles on auto. for sure highway travel. >> how is that going to happen? >> with the combination with image recognition and long range

ultrasonics. >> you guys will be the leader? of course. i mean it's a lot of company. >> it has 54 million cars. we will be watching about the mysterious announcement next week. coming up, a privacy fight between apple and google. they do a better job protecting your information. more on that, coming up. almost every day, you notice a few things. like the fact that you're pretty attached to these. ok, really attached. and that's alright. because we'll text you when your package is on the way. we're even expanding sunday package delivery. yes, sunday.

at the u.s. postal service, our priority is...was... and always will be...you. therlike a new meticulouslyone's engineered german sedan. our priority is...was... finely crafted. exactingly precise. desire for such things often outpaces one's means. until now. hey matt, new jetta? yeah. introducing lots of new.

the new volkswagen jetta. isn't it time for german engineering? your customers, our financing. your aspirations, our analytics. your goals, our technology. introducing synchrony financial, bringing new meaning to the word partnership. banking. loyalty. analytics. synchrony financial. enagage with us.

e financial noise financial noise financial noise financial noise

protecting your privacy on your phone and online, companies like apple and google are at the epicenter. both companies said they may be doing privacy too well. the fbi is worried about the they they encrypt their phones. both apple and google want your trust. that means throwing bashes. his company is the real leader in security. >> is apple doing privacy better than google? they made comments about selling search history to make money. >> someone didn't brief him correctly on google policies. it's unfortunate for him and we have been the leader in security and enkrips. ours are far more secure than

others including apple. aside from the fact that we show as in gmail as we have done and used the information for nothing, all the other thingses implied we don't know. >> how about them saying the business model is the nsa. >> julianne needs to do more research from the safety of the embassy. they do not have a business model. they are funded by the u.s. government. second, the nsa does not collaborate in any way and google has not talked to the nsa and we organized our system to protect ourselves from unwarranted attacks. >> all of these conversations show how privacy is still front and center. >> computers said software can get better and better at helping you make better decisions. you can live a better and the more we know about you and the more you are willing to share, the more we are able to help you make those decisions and also help you figure out what to do next and alert you to problems

that you wouldn't otherwise be aware of. >> i think people are concerned. the average person i know had so much of their lives tied up in computers and the internet and services they are worried that information would be misused either by other companies or a leaker. we work incredibly hard to keep the information that you give google private. we also give you controls to take it away. >> there has been a lot of scrutiny for being largely white and largely male, especially leadership. >> no question that historically tech has been dominated by white males, but google is doing all sorts of investments to get more women and minorities to major in computer sciences and the sciences. >> two of the most successful business women work for google. >> that's right. >> they are running their own

operations. >> you had them? >> i knew here and i remember taking her to the hiring committee and everyone said we don't need her. i said but we will. >> when they were changing as quickly as they can, you need somebody like this to say my goodness, you need to create a different support to help us scale and you get that from a brilliant a dapgz. >> they are hiring incredible talent. they are mostly hired without knowing what project they will work on. >> what are is the goal? >> we are trying to work on the most important problems and we are asking people rather than a factor of 10%, make it ten times better. the kind of person who is attracted to work at google loves that. they top the work with where the finest ambitions are understood as being possible. we encourage them to try and if

we fail, we say try again. >> more interviews with america's top business leaders and plus all the money news that matters most including stock, jobs and tech. you can find us on twitter and facebook. have a great weekend, everybody. here in the cn, in newsroom, we are following a developing story in new jersey where passengers on board a united airlines flight from brussels have been quarantined at the gate. cnn confirmed that a male passenger on board that plane is vomiting and the centers for disease control and prevention are responding right now fot situation. staff is working to determine where the sick passenger came from before departing brussels. you may recall the ebola patient from liberia who is being treated in texas arrived to the united states also on a united flight from brussels. the crew is