>> my program, charles, cheryl. connell it's yours. connell: thank you. we'll have more on the death of margaret thatcher at the age ever 87 that was talk about, a champion of smaller government and rights and how her legacy relates to the fiscal problems the world has today. that's coming up. where do the markets go now. earnings start to roll in after the ugly jobs report friday. giving you a forward looking perspective on that. the threat calling for more education to combat this growing dangerous to the economy, and, also, we have more debts than china blamed on the spread of the bird flu. those stories and more coming up on "markets now." ♪ welcome to "markets now," and dagen has the day off.

before we get to economics around the world, we talk about the future for the markets, talk about the present day. nebraska coal starting off, first of many editions of stocks now. good morning. >> good morning, connell, good morning, everybody. a strong u.s. dollar as you noticed, kicking off earnings season watching alcoa closely today after the bell. they are in focus. right now, you see the dow jones industrials down one quarter of 1%, and nasdaq and s&p flat. slightly down, but hugging that unchanged line. as far as what we see on the dow jones industrials, of the 30 names, majority are to the downside, but as i noted, not too big of moves here. disney, coca-cola, home depot, some of the leaders there. the banks index to the downside off the heels of a tough job report friday. back to you. connell: thank you. breaking news of the morning, the passing of iron lady, margaret thatcher, dead at the age of 87.

the british media said it was a stroke that caused the spending. the problem with socialism is you run out of other people's money. sorry for the loss, and we begin there, but ask you to comment on what you remember most about it.

she exercised the power according to fundmental and clearly stated principles, and those principles. fought and died in history, center of magna cart that and declaration of independence, freedom, freedom from the abuse of union power, freedom from oppressive taxation and freedom from outside aggression, and those print. s are what made her exciting, inspiring to serve under her, and look forward to getting to the office very much every single day she was in power. it was an exciting time. those three people brought to an end the coal phase of the second world war and beginning of the

huge peace. connell: it was a long time ago, but are there lessons, sticking to the economics, are there lessons from that era that apply to today, or are things so different, as we recover from the financial crisis a few years ago that it is not a direct comparison? >> oh, i think it's a very direct comparison as you rightly said, connell, october the beginning. soon you run out of other people's money. we are facing that war soon. we're spending money at an unbelievable rate, leaving our children and grandchildren to foot the bill, or redeappreciate it by depreciating constant inflation and break everybody, every saver, so her principles were sound money, under her, great britain had a public debt repayment schedule. not borrowing a trillion dollars a year and creating paper money, but paying back government debt,

and she instilled into great britain a sense of value, not only of value of moral principles, but a value of money principles in england, and that -- england was giggling its way into the ocean when she took over, and suddenly, came up and became a very important piece in the international power structure. connell: we like having you on, especially today, your perspective is very valuable for us. john brown, former member of the british parliament served owrn thatcher. thank you, appreciate it. >> very sad, but thank you. connell: back to the present day issues in the united states, and the senate back in session today just in time for president obama's budget proposal set for wednesday, and joined in studio by jason riley. board member, good to see you as well. it'll be interesting to see how the week plays out, but looks if you watch what happened over the weekend, the liberals, people in president obama's camp are

getting nervous about the budget proposal wanting no cuts. what do you think of all of this? >> well, the thinking is that the president's budget is an olive branch on entitlement reform to republicans, adjustment in the cost of living adjustments of social security, maybe save some money over time, the ten-year out budget productions. connell: when you say, "the thinking is," i'm betting you don't buy into it. >> that's right. bernie sanders, the vermont liberal slammed the proposal over the weekend, aarp doesn't like it, big labor doesn't like it. he has to get over that hump. the leadership, however, in congress will be with the president on this. connell: politically, bernie, literally a socialist, sanders is, without joking around. >> self-identified. >> if you're going to the center if that's the political goal, i don't know if it is for the president, maybe it is. that's who you want to be against you, don't you? >> i guess so. i'm sure senator sanders doesn't

mind maying that role at all. i don't think the g.o.p. is going to go for this, however, because it's linked to tax hikes, which they, again, said they had enough of. 600 billion in january, reflected in the job numbers on friday in terms of the retail sector, and republicans say no more. i think republicans are also worried that agreeing to increases or cuts i should say in increased benefits going forward could hurt them in the midterm elections in 2014. some closer whispered in the ear about that. they want obamacare to be a debate in the 2014 and criticized democrats for cuts to medicare, so to then turn around and agree to cuts and benefits would undermine that argument for them they want to make in 20 # 14. connell: funny how politics works. just on the face of it, the republicans should be the party in favor of cutting, they should be, and they are in many ways. >> they should, but these are

modest, very modest cuts, and i think republicans are afraid that they'll bear the brunt of any blame, and it's not worth taking the political hit over the modest reforms to entitlement. also keep in mind with the real game plan is here for the president, and the real game plan is what he did last week in california raising money for the 2014 election. the president is not interested in a balanced approach. he's not interested in deficit reduction. he wants more spending. he admires the social welfare state of europe that you spoke about. connell: margaret thatcher's adviseerer. >> the adviser. that's what he he wants for this country, cradle to grave benefits, lower economic growth that comes with that, that's what the president wants. focused on 2014, winning back control of the house, and then pushing through more tax increases and more incentives. >> doesn't sound like it gets down in your view, jason. good to see you. jason riley from the "wall street journal," and ramping up cyber defenses, the secretary,

janet napolitano stressing the importance of cyber education claiming our nation's cyber security depends on the people who defend it, following the recent outbreak of the cyber takes aimed at the u.s. we covered. in fact, over the weekend, the group anonymous claims it hit 100,000 israeli websites protesting there the israeli policy on the palestinians so that's another one. seems like every day there's something. it was on the national day of remembrance of the holocaust. they inflicked $3 billion worth of damages. israeli officials says there's hardly any damage at all. just about every day, something on that front. we cover it. what's next for the markets? not a huge move today, but after the jobs report friday, disappointing, of course, we have the earnings rolling in, hamster wheel of investing. we do it every quarter, but we have ideas for money to give you a break from the same old routine. that's next.

then, the settlement in the legal fight over whether or not budwiser can share the same owner of corona beer. we have the beer story for you on monday. tax freedom day, higher taxes means you're paying longer throughout the year. we'll explain that later on as markets now continue. stocks down, and, well, oil is up just below $93. we'll be right back. ♪

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and apply online. creditcards.com. we don't let frequent heartburn come between us and what we love. so if you're one of them people who gets heartburn and then treats day afr day... block the acid with prilosec otc and don't get heartburn in the first place! [ male announcer ] e pill eachmorning. 24 hours. zero heartbur ♪ connell: continue on markets now, stocks down today, but we had a disappointing ugly jobs report as a matter of fact friday. investors now turning from the u.s. to emerging markets. charles payne comes to mind, he's here, and brian jacobson is here kicking off earnings season, and we can talk big

picture and how it goes, but emerging markets off the bat because, brian, tell us, you've been bearish. i want to bring that upright away because charles comes on here every few days and why we should be in some of the emerging markets. what is it you don't like about them? >> in general, i don't like the politics on the emerging markets to be honest with you. granted, i don't like the politics on developed markets either, but i think you really need to be aware of some of the risks that some of the political institutions or lack of property rights perhaps in some of the emerging markets could pose to you as an investor. i do like the emerging markets, but you need to be careful when you are investing that. connell: going south quickly. what about it, charles? >> i don't disagree with it. that's why over the last couple years, i changed tactics. i love emerging markets. they want what we have in america, but my tact is to invest in americas companies that have foot prints over there, and that's mitigated some of the risk and worked out well.

connell: you like what specifically? >> for example, johnson makes baby formula, china, mexico, top markets, thailand, malaysia, vietnam, peru, the top ten. we never talk them as far as the global economy, always america and europe. but they make a lot of money in the countries. connell: what the countries could do for american companies, in many cases. >> gdp growth, birthrate growth, just absolutely amazing. connell: what about that brian? we talked about political risk here and all the issues, the exit strategy for the fed every day, but today i think the focus will be, hey, how are american corporations doing because the earnings reports start to roll in. charles says the countries help the big american companies. your take on corporate profits and where we are. >> well, i think corporate profits stay relatively robust. the consensus forecast seems like there's a slight decline in earnings per share for the upcoming earning season, and

that i think that is reasonable. 5% to 6% earnings share growth over the next few years, and a lot of that isn't going to come from foreign sources. a lot to be said about what charles says in the growth of the emerging market to benefit u.s. markets. connell: the benefit goes up? that's the idea because of that? >> we can see a disconnect between the stock market and the economy. i think that catches people by surprise. connell: charles? >> the greatest risk to the stock market rally is the u.s. economy. saw that with the jobs report, the fiscal and monetary policy, neither moving the needle with respect to job growth in the country. >> not japan or europe? >> europe every now and then news from portugal is down now, but the risk to the rally is the fact that if america stumbles gone, it's not pretty. connell: you agree with that brian, you have the outlook for the rest of the week and maybe longer than that, hopefully. >> sure. well two an extent, i agree with charles. we have seen a little bit of a disconnect between how the corporations can do awe hone the

u.s. economy k. there's a weak jobs number, but not necessarily weak profit growth. connell: brian was disagreeing with you throughout the interview without being disagreeable, and, yet again, you intimidated a guest even though he's not in studio. >> i didn't intimidate john cena. he intimidated me. connell: that was on varney. charles, as always, thanks, brian, talk soon. thanks a lot. >> thank you. connell: stocks now. nicole, earnings season getting underway meaning alcoa; right? >> thars right, talk alcoa with earnings season as they begin to kick off the all-important earnings season. so telling. let's see what they are doing now. up one-third of 1%. there's a lot of talk about alcoa after the bell. one thing that could influence numbers seen are aluminum prices, which have been pushed down a little bit. it certainly is a bell weather. it gives you an indicator for the sector, the material sector

globally, and for an idea of the economy globally. b continue to watch that as well. also, keep an eye on google. they have a day tomorrow that is an event tomorrow in texas. some believe that'll be some talk about google projects, but don't forget, google was $824 in march, and that there is, 771 now, and pulled back off the high. connell: it has. see you at the bottom of the hour. more cause for concern in china. now, the new strain of the bird flu claimed yet another life. we'll talk about that. u.s. regulators have a solution to the battle over corona. bud owners want it. talking beer with jeff flock. we'll see if they can have it, and then we'll take a look looking at world markets and world currencies now, how is everybody fairing today against the dollar? euro fairing well, up above

$1.30. we'll be right back. ♪ [ male announcer ] how can power conmption in china, impact wool exports from new zealand, textile production in spain, and the use of medical technology in the u.s.? at. rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lier average. twerice. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing.

>> at 22 minutes past the hour, this is your fox news minute. former cuban leader castro is urging his ally, north korea, not to go to war in an open letter, castro warned all nations that the korean situation represents, quote, one of the most serious dangers of the nuclear war since the 1962 cuban missile crisis. the letter was published in the cuban communism party newspaper. fifteen dead, 53 injured after a homicide bomber detonated a car full of explosive in damascus with children believed to be among those killed from the bomb that exploded near a school note syria central bank. tonight is the march madness finale. louisville cardinals against the michigan wolverines for the ncaa basketball championship. rick attempts to be the first division i college -- division i

college basketball coach to win a national championship with two different schools. led kentucky to the title in 1996. tipoff tonight at 9:25 eastern and atl. you laugh at me; right? connell: yeah, that's where reare going to be. too late though for me, but i get up in the middle of the night, so -- >> stick it out a little bit. connell: should be a good game. >> of course. connell: news alert, number of people with the h7n9 flu strain in china up to 24 now. seven confirmed deaths at this point. so far, no cases reported outside of china so the authorities are saying there's no evidence of transmission either between humans. world health organization announcing this strain of the bird flu's no cause for panic despite the deaths seen, seven of them. head of china's national health and family commission saying they are confident the authorities can contain the

virus there. talk about sticky fingers. what about this story? thieves in germany made off with over five tons of nutella. five tons of the chocolate spread stolen from a parked trailer. took off with five tons of the stuff. it's supposed to be worth $2 # 1,000, doesn't seem like a lot, but how expensive would it be? figure out the math. they are off and running with five tons of that. we thought we'd bring you that news. the cost of implementing obamacare. we'll talk about it coming up because there's no bigger headline than the conference held in washington, d.c., two big named ceos, cato speakers at the event coming up on "markets now" live. more to the irs that is taking us longer to make enough money to break even with the government. this tax freedom day they call it, we'll get into that. first, in the markets on "markets now," winners on today's s&p 500. ♪

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provide. let's go back to nicole at the new york stock exchange talk to us about consolation brands. now we're back to talk of an agreement and with good news it is up one point* 5% moving to the new annual high as is all about these anheuser-busch they have an agreement but there was concern that if this deal were to go through that the u.s. would skyrocket so to make that happen anheuser-busch / inbev to look at the whole deal what they do is sell an additional $3 billion of assets of consolation brands in to rescue the $20 billion takeover. a lot of players involved

but if it goes well we can see stc jumping. connell: obamacare three years old but still a hot topic. when the piat gas the question will the health care law mostly help or hurt or not affect you personally? >> 15% help but look at the bottom 41 percent says it will have no effect with the health care congress taking effect they're both keynote speakers so we have to do terrific cast coming up but just a point* to start the conversation but with the idea that the biggest answer that people say it will not have an effect at all is that not reasonable or

people don't get it? >> i don't think people understand the full implications of the law. a lot more needs to be understood post by the consumers and the providers but a lot of the regulations are still being written. we don't understand the full impact and there's a lot more to do once the of law rules out. connell: give me one example of something someone does not understand. the politics have been reported maybe not a good job on the specifics. >> it has not been distilled to what it means to the average consumer. those who don't have insurance will be getting insurance but the implications if you are currently insured, what does that mean for you as a consumer? that is not clear yet. connell: and omar you have

different issues at the mayo clinic but the same question would apply to you as well. what do you make of that people don't think it will have any effect on them? >> i agree with john. it is a fairly complicated set of regulations that have not been fully distilled even by the media stakeholders or the consumers. stews some degree a lack of understanding what it does or does not do a and the anecdotal cents as to what may or may not happen but it does try change as a function with different staplers to work together more closely. connell: in a good way to drive change? >> i think so. the essence of the law in our view it comes down to

provide greater coverage to the uninsured and the second is to provide more of a value system with long-term care and the attempt to do that with is a little controversial of that is the right mechanism but that is the objective. it does drive efficiency is a the three main elements. connell: what about the cost pressures? what experience have you had at the mayo clinic so far? >> we expect to have excessive -- it is significant downward pressure on the cost to reengineer the system but the other thing to highlight

is the affordable care act deals primarily with primary-care services that doesn't recognize the police complexities of health of intermediate and complex care there is the opportunity for the competitive marketplace to recognize value to use that data to have better outcomes it is of force function. connell: it is interesting when you get together at a conference like this or others over the years because sometimes the talk behind the scenes is nobody is getting it and the media is focused on the politics. what are you talking about? i know you just wrapped up collaboration but what is your big focus day to day the people of not talking about as much? >> there is a tendency to you generalize to make

things too complicated to solve. so what we try to do to reduce the problem to a number of variables to create partnerships with entities such as mayo clinic and others but come up with very concrete objectives in many areas where that can be done with better outcomes of lower cost through the use of technology and other services. there is an effort going on behind the scenes were different stakeholders previously had transactional and adversarial relationships trying to create a win-win scenario. and through that have different models of care, different business partners. that is what is going on maybe not getting reported as much as it should. >> we recently announced a strategic research alliance between mayo clinic and a

subsidiary of the united health group that is in no been innovation lab and to your point* that brings together the providers, the payers, a device companies, big format, policymakers, a research university to pool data on what works in health care and what does it cost to use the analytics have you create value better care with lower-cost. so we have a whole spectrum of health care and have been highlighting that today in our discussion so there is a lot of collaboration going on behind the scenes. connell: i guess they did it is the word but we see that you can quantify more and more to lower cost. thank you very much. thank you to both of you for joining us today. is of a longer wait until tax freedom day.

this time of year people are talking about that then the free meals you hear that to go and face book handing out free meals network? they caught the eye of the irs but as we continue markets now take a look at the blind -- bond market. friday night, buddy.

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point* $3 billion the deal will expand the oil and gas business that ge has built up over the recent years. that is the latest from the fox business network giving you the power to prosper. but we can still help you se your big picture. with the fidelity guided portfolio summary, you choose which accounts to track and use fidelity's analytics to spot trends,

gain insights, and figure out what you want to do next. all in one place. i'm meredith stoddard and i helped create the fidelity guided portfolio summary. it's one more innovative reason serious investors are choosing fidelity. now get 200 free trades when you open an account. connell: the markets continue that 10 days from now americans will have earned just enough money to pay taxes for the year they call it tax freedom day. it is actually five days later than last year professor jonathan williams is here and the american exchange council so i guess that's the story? its later just because of taxes going of the fiscal cliff? >> it is concerning that americans will have to work

another five days just to pay off taxes at all levels of government. the reason is it is supposed to just sit millionaires and billionaires when everybody saw their paychecks lower that is why tax freedom day is five days later. but obamacare attacks increase take effect. connell: with the worst states and the different dates in the past three cover this story but it depends on the state that you are in because taxing all levels it to be higher levels and in new york where in the high tax state. is there any correlation between economic activity where the data performs better or vice versa or we could not draw that

conclusion? >> we have then suffering for years at the population growth and low catkin netiquette tax freedom day doesn't come well into may and so is the end of march so there is a six week difference it is the big difference between the states and does have an impact with your competitiveness and growth. connell: texas is so is publicized and so is florida. also companies moving because of taxes but i don't know the breakdown state-by-state. to lower taxes at the state level translate directly into better economies? >> absolutely. in the book rich state for state week compared the highest against the law was against new york and california but growth is staggering between the high

tax ammo tax states just look at population growth over the last decade four-point to million americans have moved away from those 10 negative states that is tim. dagen: per minute there is a huge outflow of capital away from those states every year connell: so the stories about higher taxes, are we done with tax increases? board do you think we will see more of that? >> i hope we are done by looking at deficit spending tax freedom day would be well into may so as some point* we have to get serious about 10 -- paying for the spending increase let's hope we just cut instead of raising taxes. connell: good to see it state-by-state. that is a good perspective. instead of going to nicole

every 15 minutes now we will bring in senior managing partner for viridian managing partners on the floor at new york stock exchange. nickel is going through stocks and talked about consultation brands and google but as we get into earnings with consumer staples what about that particular sector of place investors should be looking? >> that sector is the good dividend play so we talk about where investors put their money and coming into the dividend stock. but investors feel very comfortable and products have products that customers are comfortable with that they can feel in touch.

so to see more money coming into that sector there is still a lot of uncertainty. said to get into something you are familiar with. connell: are you optimistic? this would be the day to ask that question. >> will get the sectors across the board of people feel that connection there look at what happened and the guidance moving forward and add their own personal touch so that connection between the investor in the product gives them the incentive to get into the stock. connell: thank you for checking and. to talk about no free lunch it is a tax break as the big tech companies like a smoky and google offer employees perks for gourmet meals but the irs as a different

thought. shibani joe she is here with her report. >> no free lunch especially in this environment with the federal deficit and the state of california but the work hard / play hard mentality is a vibrant industry and has created growth but now the irs tries to cash in on all the perks that employees get. we have talked about the perks that go gold give out that they have free legal services, unlimited food and even a concierge to help with personal errands but there is growing controversy particularly miller ltd. buffet line that the "wall street journal" is contemplating charging employees for the enjoyment

of the taxable benefits but google serves 50,000 meals per day that is a total value that employees get for free and half a million dollars per day so as a result the irs is contemplating whether to tax employees that is an additional build $45,000 per employee. not just to go also twitter and yahoo are just a handful of companies that could deal with the irs issue. that is why people are attracted bet you add on to the tax bill it could affect the pitcher. connell: you would not think that is something we would talk about. looking at the late rally last week we will be in

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connell: as markets now continue we mentioned the price of gold is down a little bit but sandra smith has made it the subject of the trade. >> as a major talking point*

did you look at gold prices they are down again today. they have been on the decline to straight weeks and fell 20 bucks last week now we start off with another down day. so goldas down $8 a day about half a percent insofar this year about 6% year to date looked at the gold etf and barclay's capital putting on an important note saying that the decline of investor interest in the gold exchange traded products is the biggest reason for the sell-off they say investor demand is at the lowest level since june 2011. you also have an increase in dollar prices as the dollar increases in value that decreases the interest in the alternative investment.

barclay's capital analyst says exchange traded products outflows are the largest downside risk to the gold prices seeing the weakest month on record for the etf products of precious metals. keep that in mind with the sell-off wall street is predicting this will continue back to you. connell: whose said then newspaper industry is behind ? they reported today. may have cheryl cassone standing by to continue calling for a pullback in the markets we will see if it is the start of something big then us survey shows what airlines are soaring with customer satisfaction. we will see.

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♪ connell: coming up on high noon. dennis: i am dennis kneale b-6 i am cheryl casone. we have an analyst that says get ready for a pullback. dennis: president obama's budget proposal is due on wednesday. does the president have the courage to make needed cuts and entitlement? cheryl: airline passenger complaints are skyrocketing. the sector keeps making you money. rich ads in on the best and worst rated carriers. dennis: stocks now and every 15

minutes. nicole: we are taking a look at the dow jones industrials. the nasdaq and s&p have been virtually flat all day long. bernanke will be speaking later. alcoa kicking off earnings season. the first dow component to report. alcoa, the aluminum maker, that will be one to watch. cannot believe earnings season is actually here. let's talk about the dow jones industrials. it is interesting to see the dow down right now. on friday, it was down. we have not had to back-to-back days in some time. you see that up down up down up down. no two updates, no two down

days. we will see if we break that trend today. cheryl: thank you very much. markets have had a great run. you are looking at the s&p over the long-term. you are getting ready. you are getting your clients ready. >> absolutely, cheryl. nothing goes up in a straight line. this does not think that people should panic about. you want to like a look at your portfolio. as nicole petallides just pointed out, you have two down days. cheryl: i do not know if friday was considered a breakdown. i would consider it a rally.

at this point, you have nothing but strong days. >> i am talking about the trend over the last two weeks, actually. some of these technicals have broken down. year over year earnings first quarter, that is kicking off today, are expected to decline by 0.7%. it will be a little bit of a headline. let's not forget the most important factor. you want to expect and you need to expect a little bit of a pullback. we are not talking about some sort of huge number. we still expect a 1635. cheryl: that is not what history has given us over the past few years. every time we had a strong spring, a strong kick off, the

next thing you know, fall cooes if something happens out of washington. we take a hit. that is the frustrating part. >> you want to be a little cautious. keep in mind, the fourth quarter of last year 2012 tells two things. things were kind of wishy-washy and to the downtrend until about thanksgiving. how strong equities traded in december. cheryl: you are saying watch out from an earnings front. those numbers, those returns, for the first quarter are not going to look that good. >> that is correct.

it is part of the comparisons difficult. that makes it challenging. as i talked about a month ago, that will impact hiring and business growth as a whole. everyone is pulling back a little bit. cheryl: you like microsoft and you also like amazon. excuse me, amazon and apple. you are saying apple will have a lot of pressure. >> yes. we think that the apple store is a great one. this is not a short-term trade. apple is not the place to be.

technicals, they do not look particularly good. cheryl: shares up 28% last year. >> i will be here. you can call me. you can e-mail me. it is about comparisons and expectations. cheryl: thank you, all of her. good to have you on the show. >> thank you, cheryl. dennis: the left fighting against proposed cuts and entitlement. by the president have a rare chance to make some cuts? what do you say. first of all, can you at least agree with me? >> what the president is doing,

i think it is a fair approach to move forward. social security is different. fixing its solvency does not require we can't benefit to seniors. there are other avenues that we can take. dennis: last year for the second year in a row, social security paid out more in current benefits than the taxes it collected. if you turned 65 and 1980, you brought back more than you ever made. it sounds like financial disaster. >> would you not agree with me, the best way to improve social security's finances is to improve the labor market?

that is the best way to shore up social security. not actually cutting modest benefits that will hurt low income seniors a lot. dennis: this with our aging population, within ten years or so, we will have only three earners paying in for every retiree. given this backdrop, can he have more political coverage to make important wise cuts. a conservative president would be back well, certainly. we are seeing a refusal to negotiate at all. it will make it pretty much impossible for president obama to stick with this solution that affects social security.

unless the other side will come with revenues on the table. dennis: at a time when it ruled out the possibility that a person trades down or goes cheaper, isn't that just kind of building into the system? >> what i would like to see, dennis, we not look at social security workers in terms of inflation, but how social security beneficiaries actually pay for goods and services. they pay on healthcare and housing. those are very different than typical substitution effects. you really cannot substitute healthcare. dennis: the healthcare is a big problem. thank you for being with us today. good day, sir. cheryl: not all airlines are flying high.

rich edson joins us now to break down the best and worst carriers. rich: airlines as a whole have shown some improvement. still, complaints are up. airlines are making better time. airlines do a better job at a gauge, complaints are up. so maybe getting undeserved blame. >> the reverse coming back. we are finding that the average traveler holds the airline responsible for that. rich: hawaiian airlines is top

and on time 93% of the time. as for the tardy years, american and express jet tied for the worst. united and continental is now shown as one. they have merged. the operations generally improved last fall. the airline continues to meet or exceed online standards and set new records for performance. cheryl. cheryl: these stocks have been some of the best performers over the last six months, including united continental. i wonder how much basis we can really put on a report like this. rich: first of all, there are

limited choices. airlines do get some blame for things like security. it is tough when you look at these certain areas and different areas of satisfaction. they can be a pretty stressful experience. cheryl: flying is just so much fun these days. thank you, rich. jcpenney could be the big loser in the case. all sides back in court at this hour. dennis: i go one on one with the ceo of the game show network. he is the author of a new book. cheryl: lady margaret thatcher died at the age of 87. we will take a look at her legacy. ♪ [ male announcer ] this is joe woods' first day of work.

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♪ cheryl: a quarter after three hours. stocks now and every 15 minutes. nicole petallides. what has happened to the futures? nicole: we are down to the downside. we are not too far off. about one third of 1% on the dow. taking a look at general electric. big news for ge today. this is as ge is saying they will acquire the company. that will mix technology that helps bring oil and gas to the surface. this is a big move for ge. we have watched the competitor.

this is big news, obviously, for general electric. back to you. cheryl: thank you. dennis: it is time to make money with charles payne. charles: 70% of all oil spills are considered matured oil spills. they are using a whole lot of different things. a lot of different artificial looks out there. i heard a guest you had on not too long ago. talking about amazon. amazon with a peg ratioat 4.6.

i do not know that ebay is outperforming amazon, it is being overlooked. closing above 5750. all their businesses were out. ebay was up 16%. paypal, of course, that is the monster. up 24% year over year. consider ebay. not necessarily performing better, but certainly a much better stop. cheryl: he said we will see a 28% upside on earnings. that is tough to do considering the comparisons. charles: i do not disagree.

sometimes it may be built in already. i do not think that kind of excitement for ebay is build in like it is for amazon. dennis: it will unlock more value and make you realize that this stock is worth more. charles: remember a couple of years ago when they were going to sell the whole thing. cheryl: latinos and small business. dennis: margaret thatcher is dead at age 87. here is how the world currencies are faring against the u.s. dollar. ♪

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>> at 22 minutes past the hour, i have your fox news minute.

>> she was the greatest leader great for him has had and one of the brightest in the world. it was a great privilege to serve under her. >> margaret thatcher was 87 years old. urging north korea not to go to war. the korean situation represents "one of the most serious dangers since the 1962 cuban missile crisis." have you heard about this? tonight is the march madness finale. louisville cardinals versus the michigan wolverines. michigan will try to be the second number four seed to be national champions. the arizona wildcats did it in

1987. those are your headlines. back to cheryl. cheryl: the big question, will we be awake for that game tonight? >> negative. [ laughter ] cheryl: thank you very much. a latino owned company -- my next guest is doing his part to help grow that number. joining me now is hector. we used to be so concerned about predatory lending. now, they are getting more and more access to credit, but you say not enough. >> definitely not enough. we think it is closer to 3 million companies. they need that capital. capital is the oxygen that any business needs to start and grow

long-term. that is why we are excited about this partnership. this is great. it is harder to get capital now than at any other time i can remember. we were breaking records every year on a number of loans. there are other issues also. capacity, the ability to get contracts, healthcare, taxes, you name it, it is tough for small businesses today. cheryl: i know that you want to see this group get a path to citizenship. there are obstacles in the way. those obstacles are coming from washington. >> there is one element to a comprehensive solution. we want to make sure that our

border is secure. we want to make sure that small businesses can comply with this. there is a lot of stuff that is in there. i think we had a window of opportunity to get immigration reform. cheryl: there is concern that they will start to play favorites and they will try to differentiate and make the rules different. >> you heard the big news. the u.s. chamber -- anytime you get those two groups together, i think there is a lot of goodwill on both sides to get a solution. i really want to commend the congress, both the senate and the house, to get a solution. this is critically important for our country.

cheryl: what do you think the banks will have to say about all of this? this demographic is they are trying to get home loans, trying to launch businesses. >> again, that is why this platform that we are introducing is so good. it really enables small businesses to learn which of those lending businesses want to land to their industry. the banks are telling us they are very happy about this partnership that we have. cheryl: hector barreto, thank you very much for being on the show. very interesting topic. dennis: one man's fight against foreclosures. melissa and lori talked to a man who single-handedly has bought and rehab war than 100 homes.

he is trying to stop it from becoming the next detroit. how american health care killed my father and how we can fix it. cheryl: jcpenney could be the big loser. all sides back in court this hour. we are waiting on an update. monster is a big winner. we will be right back. ♪ all stations come over to mission a for a final go.

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cheryl: bottom of the hour. stocks now. nicole petallides has some good news for anheuser-busch. nicole: that is right. you can see right now, take a look, that may make you thirsty, everybody. it is up 1.5%. this is very good news as we watched constellation brands. anheuser-busch, they are trying to make their deal. the department of justice has been trying to block that. it is okay. we will sell some of the assets over to constellation brands. as the deal seems like it is going through, constellation does as well. constellation brands has moved to the outside. it is hitting a new 52 week high. back to you.

dennis: thank you very much, nicole. we are joined by one of the conferences keynote speakers. we have david goldhill here now. thank you for being with us. sorry for your loss. regarding your book, though, we have a big problem with healthcare spending in this country. we have a big problem with people dying in hospitals every year because of errors at the hospital. are those two issues actually linked and related somehow? >> i think a lot of the issues in healthcare are related. healthcare has their own customer. as a result, we have an industry that i do not think response to

us. dennis: you say that we need a greater role for the patient as a customer. >> i think we need more balance in the system. we have been moving further and further away from our role. we need to make decisions about managing chronic conditions over a period of time. we pay for less and less of it. it is not costing us any less money, of course. what it is doing is it is preventing providers from chasing us, in the same way that forcing people to chase us in the computer industry, cell phone industry. we have not taken advantage of that in healthcare.

dennis: you point out that expanding health care coverage can actually make things worse. we have 30 million new arrivals on obamacare. >> the system is a bad thing. it encourages way too much spending, way too much sloppiness. way too much and efficiency. what i am proposing is we move the insurance system to cover only the most catastrophic event. be a true safety net. not cover everybody for everything. start diverting some of these enormous resources that we are taking out of people's pockets right now. dennis: so far, that sounds like a great idea.

you talk about wanting to diver some of the $2.7 trillion that are paid to insurers every year and put it back in the hands of customers. nowwit sounds like you are trying to redistribute wealth. >> the average american family will pour into over $8000 into the health care system over their working life. the average family is not aware of it. i am really talking about returning to people the money that they put in themselves. for the poorest people, i would like to see the same system work. the key, though, is not what consumers do. it is what providers do. it works because people chase us. sellers chase us.

we suffered not just in price, but also in safety and service. dennis: thank you for being with us today. cheryl: the battle over the exclusive rights to sell marco stuart products is back in court right now. macy's just telling the judge that it caught its rival selling products. the stocks, there is another story going on there today. macy's hitting a 52 week high. jcpenney also higher. martha stuart living, that is down. this has been one amazing new

york courtroom drama. >> over plastic champagne flutes. there is something wrong with plastic champagne. >> hulu is for sale. that is coming up in my media minute. cheryl: do not count out the america consumer just yet. as we go to break, take a look at the ten year treasury. ♪ announcer: where can an investor be a name and not a number? scottrade. ron: i'm never alone with scottrade. i can always call or stop by my local office. they're nearby and ready to help. so when i have questions, i can talk to someone who knows exactly how i trade.

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your business is more reliable - secure - agile. and with responsive, dedicated support, we help you shine every day of the week. ♪ >> i am tracy byrnes with dear fox business brief. seven billion-dollar bid for tnt express. appealing the decision and efforts. the gift card unit is offering 10 million shares for as much as $22 each. black hawk will be listed on the nasdaq.

procter and gamble raising the price, literally. bar soap sales rose just 1% in the u.s. that is the latest from the fox business network. giving you the power to prosper. ♪

cheryl: opportunity to buy. the growing midwest market is one of the biggest opportunities for the retail sector. you just came back from dubai. you have gotten over the jet lag. retail is really trying to make their mark. >> absolutely. retail is booming. they have more brands in the uae than in most countries around the world. it is central not only to the

region, it is a major hub. it is attracting people not just from the west, but also from the far east. cheryl: which american companies could make an opportunity work for them? >> we take the brand and property that goes with that and how the global expansion around the ip that you created. all the market guys are there, i mean companies like h&m who have huge presences in that part of

the world. cheryl: you are also saying eastern europe was another hot opportunity for a lot of the big u.s. names. i think that already would have been played out 20 years ago. >> most of the ways these companies go into emerging markets is through joint ventures. yes, eastern europe. there is a huge market out there. when you look at the brick economy, for example, 22 trillion in gdp. u.s. is about 16. so is europe. cheryl: what does that say to

you? what does that say about the u.s. consumer and the u.s. economy? are we as slow as we think we are? >> it is about seeing what other baskets there are two bill. cheryl: let's talk about the luxury consumer. we had the ceo of star would on on friday. can retailers get a piece of that? besides the airports, the hotels uae in general, as a country is booming.

they have a new airport. it will really be about the uae. thank you very much. wonderful to have you on the new show. dennis: it is a quarter till. earnings season kicks off after the bout with alcoa. the s&p 500, overall, showed a decline in earnings. >> you do not know what to expect coming out here. if you take all the economic data that we have seen coming out of washington over the last month or so, you may be able to find some solid ground.

it is actually quite interesting. when it turns positive, 75% of the time, s&p 500 is up positive over the next five days. dennis: i like that. i will be stealing it. cheryl: gas prices are down. but go to the trading pits of this cme. >> refineries are way ahead of schedule.

we are changing the fundamentals we are up 3.58. the crude oil market is trying to edge onto a little bit of a rebound here. i think it is giving a little bit of boost despite the fact that the dollar is getting stronger.

dennis: ordering half a billion dollar bid to buy hulu. 30 million visitors a month. youtube gets five as much. netflix has 11 times as many. bad news in the newspaper industry latest revenue report. some good news lurks inside the numbers. it was the slowest the client in six years. circulation revenue rose 5% to 10.5 oh yen dollars. preliminary ratings for cbs march madness final four showed a two-game average.

the best since 2005. cbs and it's time warner cable are up 13% overall through the elite eight. final game airs tonight. cheryl: at 920 eastern time. i was giving stuart a hard time. los angeles international airport gets a $229 million upgrade. what the mayor forgot to mention. that is coming up in the west coast minute. dennis: let's take a look at some of today's winners on the nasdaq. ♪ we went out and asked people a sile question:

how old is the oldest person you've known? we gave people a sticker and had them show us. we learned a lot of us have known someone who's lived well into their 90s. and that's a great thing. but even though we're living longer, one thing that hasn't changed: e official retirement age. ♪ the question is how do you make sure you have the money you need to enjoy all of these years. ♪

♪ cheryl: it is time for your west coast minute. the decision argued that instruction would be president whether the device would be on for texting or gps. distracted driving laws have had mixed results. the fdic has closed gold canyon bank in arizona. it is the fifth bank closure in 2013. the bank had two branches. first scottsdale bank has agreed to consume their assets. bank closures have been falling, especially since 2010.

the l.a. times is reporting that delta plans to open a vip room within a vip room. that is part of an upgrade at lax terminal five. that is your west coast minute. dennis: gold losing its shine. sandra smith joins us now. sandra: i am seeing that again hitting multi- year lows. you have a stronger dollar scenario. barclays and citigroup both out with notes this week. there is a major decline in interest. that being said, take a look at gold prices right now. down four dollars. about $40 from last week's trading session. you have a decline in gold

price. right now, barclays is think that is the single biggest threat to continued the client in the price of the yellow metal. keep that in mind. back to you. dennis: thank you, sandra smith. cheryl: where are the bulls today? what you need to know now. dennis: buying up 200 foreclosures. we will introduce you to one small business owner fighting to save his small town. markets now continues next. ♪

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melissa: i'm mel liz is a francis. lori: i'm lori rothman. paul is joining us in minutes going from maximum bullish to shorting the russ of 2,000 in