that. we have an entrepreneur coming up. you don't want to miss him. he is in the tequila business. halfway through the show, you never know how wild we'll get. charles, thank you so much. >> see ya. dagen: strong jobs report stokes worries that the federal reserve might pull back soon irrather than later. but after the government shutdown, are these numbers you can trust? so sorry. the president apologizes to those losing their current health plans. we have one of america's greatest entrepreneurs who says it is time to scrap the whole thing and start all over. summertime blockbuster pushed back to the holidays. why disney's first "star wars" film will take longer to make than expected. connell and i are chronically sleep deprived and terribly irritable because of it. harvard says lack of sleep is costing american businesses billions of bucks. we have someone here who will help all of us. all that and so much more coming up this hour of "markets now."

connell: where do we get the graphic of the person sleeping next to you in the shot. that is really weird. i didn't even see how you would characterize me as irritable which you know it is not true. dagen: you're a little cranky. snarky. connell: nicole petallides starts us off at new york stock exchange. a lot going on including the market. >> i think you're both very lovely. never it ridable. seeing where we close last friday on first of november. we closed at 15,615. we're still positive on the week for the dow jones industrial average which right now is looking great after a tough morning and some back and forth action. right now you're seeing the dow up close to 90 points at 15,680. i also want, s&p by the way is also higher by 3/4 of 1%. i'm rushing because i want to get to gold and twitter. gold is down 23 bucks. some of the analysts i've been talking to watch it sell off.

mark newton think it is might bounce back next week. twitter, new low. watching in the $42 range. it is starting to bounce back. don't forget yesterday it moved above 50 bucks. it was a 26-dollars ipo but still looking pretty good in the long run, doesn't it. dagen: long run, one day. not anywhere near facebook, twitter. no earnings. connell: let's not be a hater. so early in the day. the u.s. economy, this is good news, added 204,000 jobs last month, well above economist expectations. unemployment rate ticked up to 7.3%. the shutdown effect is the big question here, fourfurloughed workers during the government shutdown, effect or lack of effect. dagen: joining us to weigh in, frank friedman chief investment officer of deloitte. we have a deputy chief economist at mesereau financial. gentlemen, welcome to both of

you. a doll foe, are these the numbers we can put up month after month year out? >> if you look at gdp report yesterday you would question that for one day let's take good news. i think short term the economy is taking jobs. private sector is showing some resilliance, probably the drama of government shutdown was too much because that does not seems to have affected the numbers. let's cheer the good news and be cognizant there are long-term structural challenges we're still facing. unfortunately there are weak parts in this employment report today. too many people dropping out of the workforce. connell: right. >> not enough momentum, really to give hope, too many people. so lots of work ahead of us. connell: which side, frank, should we focus on, half full or half empty a doll foe is talking about there? he is right. there are issues. number was better than expected.

>> we should celebrate 204. people were thinking a lot worth than 204. connell: so much for the shutdown effect. >> i don't think there was many impact. manufacturing up 19,000. leisure up 53,000. business professional, health care. really only sector was down was government, federal government. which continues a trend. there were good things. as he mentioned there were negative things as well. connell: which outweighs more? >> participation rate, off .4 of a point. that is a big deal, 720,000 people less working. that is a big deal and shows lack of optimism. dagen: speaking of optimism and pessimism, speaking to business leaders on a regular base, what is the one thing keeping them hiring more and faster at this point. >> i think uncertainty, government uncertainty. dagen: about what in particular? >> taxes, spending, the debt ceiling. the shutdown. think there's just a general concern once you get momentum it gets shut down again. so i think that if, from the

ceos and cfos i deal with almost every day, deloitte works with 70% of the fortune 500 it is always brought up. and second thing that is brought up regulation in industries. connell: it will be a big question, a doll foe, a lot -- adolfo, a what people talk about, there is lot of uncertainty out there and i will hold back on hiring. the other camp will say, boy, maybe we're starting to see momentum, over 200,000 jobs are added, and that will affect how the fed thinks about things and tapering we talk about all the time. what is next do you think. >> if i could go back, there is a good news maybe going forward talking about uncertainty here. that when business will look at this report and relies that maybe the government shutdown was not so damaging, as we were afraid of, they will get some confidence that the at least about those issues we can go

back and hiring because there is not so many damage. as far as the federal reserve, this is not enough. clearly there is a dovish bias in the federal reserve. they want to see better improvement in the labor market. i don't think that one good report will be enough to change. speculation this morning, maybe the report is announcing. those are completely misleading. the fed will want to see many reports like this one before they take action. dagen: they're heading that direction. cheap and easy money will begin to disappear as dolph foe were talking about. are ceos really concerned about that. how will that impact their business decision making. >> any ceo would trade off better business for higher interest rates. so every ceo and cfo i talked

to, they know historically low levels. we are 400 basis points from the last 50 years average. on treasurys. we know interest rates come back. every single one would rather grow. dagen: are they concerned about inflation or any ancillary effects or stoked by federal reserve policy. >> i don't think federal reserve rates are on the screen. i think can we grow. inflation is pretty etch under control. can we grow. if that means, that the fed tapers back. at some point the economy is on its own. >> that is funny. i don't know what you think of this adolfo, essentially frank is right. maybe our conversations are not focused in the right area sometimes. maybe we talk too much about interest rates. maybe we talk too much about what the fed is going to do next, quote real world are dealing with. maybe doesn't matter as much people like us make it out to be. what do you think? >> i think there is a broader

themes here. we have put in place a lot of policies, because the there was a financial crisis and emergencies. four years later, the emergencies clearly over. we are still struggling to gain momentum but i think that it would be a net positive for the business sector if a policymakers could finally say let's go back to normal operating procedures. i think that maintaining these emergency policies is becomeing a negative. i think that businesses are ready to go back to normal and we need to have a policy, that face sill tating the transition, not perpetuating the dependence on these special provisions of liquidity, special interventions, special regulation. let's go back to normal. let businesses do what they do better which is to grow and expand that is the american way. connell: that might be it.

message in the numbers. frank, a dolph foe, to both of you thank you very much. >> appreciate it. connell: adolfo, good to see you as always ja president obama expressing regret some americans are losing health insurance plans in the wake of the rollout of obamacare. connell: the big apology. rich edson in d.c. has more than today. rich? >> republicans are badger egg the white house on the president's promise that the americans could keep their insurance plans when obamacare cancellations notices have largely disproven the president's assuraaces and now he is apologizing. >> i am sorry that they, you know, are finding themselves in this situation based on as shurns they got from me. we've got to work hard to make sure they know we hear them and that we're going to do everything we canning to deal with folks who find themselves in a tough position as a con against of this. >> president has failed to say exactly what changes he would support. republicans continue the relentless criticism of the prrsident an the health care

law. even their statements on the monthly jobs report send a sentence or two on the numbers. they quickly pivot to obamacare. house speaker john boehner writes, while it's a good sign more americans found work last month, but workers are facing cancellation notices and higher premiums because of obamacare. that is why next week the house will vote on keep your health plan act. a bill that gives the president serious opportunity to honor his apology and his promise. hhs secretary astrazeneca continues to -- kathleen sebelius to sell the president's promise. sebelius says there is not a plan at this point. she says the administration is looking at its options. back to you. >> rich, more obamacare talk with entrepreneur we have coming on later. be interesting to hear the story you're talking about. rich, thank you from d.c. dagen: nerd alert. you guys will have to wait a little longtory see disney's first effort making a "star wars" film.

2015, summer blockbuster. show up in time for santa claus. connell: okay. that's big news. we'll talk about that and when it is all said and done, man, this typhoon, we talked about it yesterday. boy, was it horrible. ravaging the philippines. when said and done could be the biggest storm on record. the story is coming up. dagen: connell and i know how important sleep is but science is still trying to show us why lack of sleep is a productivity killer and we'll talk about that and learn how to sleep better. connell: wow, learn how to sleep. that would be great. dagen: we're going to roll a bed in here and everything. connell: we are? dagen: no, we're not. oil up 24 cents. connell: good night. [ male announcer ] imagine this cute blob is metamucil.

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2.$6 billion. the companies, felix pharma is buying santuri. in this deal felix will get two more gastroenterology drug. that makes them 22 products. san -- santarus is moving at new high. salix is moving to new high. they are expected to close the deal in 2014 in the first quarter. we'll watch for that. worth noting that sanatrus reported earnings in the first quarter that beat analyst estimates. this is to work expand salix in the goose throw enter rolling division. back to you. connell: nicole, thank you for that. well very a nsa leaker edward snowden finding himself back in the news because there are report that is snowden -@persuaded 20 to 25 workers at regional operations center in friday to give him log-ins and passwords. allegedly told him he needed

info to do his job. he was computer systems administrator. he gets the information, then according to the story, uses it to access these passwords, classified material which he leaks. the report came from reuters n that report it also says that a handful of agency employees who gave their log-in details to snowden. they were identified. questioned. removed from their assignments. obviously shouldn't have given them the information in the first place. there you go. dagen: one of the biggest summer blockbusters anticipated a couple of years from now has been pushed back to christmastime. >> oh. dagen: walt disney said it will push back the release of the next "star wars" movie, episode ivii. directed by j.j. abrams. disagreements between the production crew and studios, it will move from summer to christmastime. they bought the rights to the classic movie franchise when

they acquired lucas film for four billion bucks. first "star wars" movie since the purchase. don't suck. connell: people want to watch it, put the costumes on hold before they stand outside the theater. dagen: what do you mean on hold? they have a closet full of them. connell: i know. by the way you were telling us about that. i may be only one on earth, i didn't know this was happening is that weird, the movie? dagen: that's weird. it was a, once they bought lucas film they announced -- it was announced they were going to make more of these films. i don't know what you're doing. connell: for some reason i hate "star wars." hate it. annoys me. people who like it annoying. get in line. dress up like people in the movie. get in line to watch it. whole kind of thing. talk about same thing, jerseys dressing up like people. dagen: you are zero fun. you're the worst dad on the planet. connell: thank you. dagen: zero fun. connell: well -- dagen: he is, he is a fun sponge. sucks the fun right up. connell: seriously. that is annoying. anyway, we have actually other things to do on the show today

besides bash "star wars." send your tweets to dagen. talk about the terrible storm in the philippines at the moment which maria molina was talking about it yesterday. -@what became, at this point it looks like might challenge the record books it was so bad. more details ahead on that. dagen: how billions of dollars are lost every year in productivity because we're not getting enough sleep. we're not getting to bed early enough. not sleeping enough. hours sleeping incorrectly and drinking a red bull before you go to bed. doesn't really work. connell: doesn't work at all. is there anyone in that bed. dagen: take a look at world currencies. >> you're going to sleep?

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dagen: typhoon haiyan could be known as the most powerful storm ever to hit land. it is currently battering the central philippines, unbelievable. maria molina joins us as she did yesterday from the fox weather center. boy what a record that would be. this is some storm, maria. >> yeah, we don't know for sure,

because varying reports how strong the winds were when we meet landfall across parts of the eastern central philippines, but it is estimated there are some reports of maximum sustained wind of 195 miles per hour, which would make it the strongest cyclone ever to make landfall. i want to point out wording can get confusing. we call it a super typhoon which means it has winds over 150 miles per hour and located across the western pacific ocean, hurricane, cyclone, typhoon, all same thing across the world. just in a difffrent locations. we call them hurricanes over across the atlantic ocean and eastern pacific ocean. storm system is still on the move. we estimate it had maximum sustained winds of 195 miles an hour when it made landfall. that would mean wind gusts are estimated up to 230 miles per hour. that is catastrophic damage. at that is expected with this storm system. we lost communication with some people out there. it is estimated over 700,000

people were evacuated and just a month ago. out here in the philippines we had an earthquake that caused significant damage. people were displaced from their homes and were actually in makeshift shelters out here. so we are talking, millions of people that could have been impacted by this storm system. it has weakened a little bit but still a significant storm. still a super typhoon. equivalent to what would be a category 4 hurricane with maximum sustained winds at 155 miles per hour, moving quicklies to the west at 23 miles per hour. dagen, connell, big concerns with flooding, landslides. look at saturday. looking possible impacts across vietnam, still a significant storm, winds estimated then to be 120 miles per hour. dagen: watching satellite map, maria, chilling. >> it is so big. i want to show that to you again. look how perfectly symmetrical when it came on schorr in the central philippines. the iowas so well-formedded.

scary stuff. our thoughts and prayers with the people in the philippines. connell: those poor people. look at those numbers. 200 miles per hour. maria, thanks. we'll talk about banking now. this was something last night, when it comes to restoring largest financial institutions in the u.s. it is all about trust. part of what turned out to be scathing criticism on number of issues from new york federal reserve chairman william dudley. dagen: what is he talking about? what else did the top official have to say? with more, elizabeth macdonald with her bottom line. liz? >> unusually aggressive speech from mr. william dudley who is the federal reserve's president here in new york city. he is calling for a cultural shift at the banks. blasting them for ethical lapses. this comes five years after the collapse of the big banks here in the united states after 2008. he made the speech at nyu school of law. he didn't name any names of banks in his speech. but you know, william dudley did come up through the investment banking world. he was at goldman sachs.

the other issue too, we have critics coming in william cohen, former investment bank and author of books about wall street. he is saying it is about time, william cohen saying that to market watch yesterday. you never saw tim geithner be outspoken in his criticisms of wall street. now we have william dudley under fire for waiting so long for making these comments in a speech to nyu law school. other criticism coming in from mr. dudley is this, essentially he is a regulator. if he saw these lapses in regulatory judgment at the big banks why is he waiting now to talk about in his speech? what was he doing as a regulator when we saw the lapses going on at big banks like jpmorgan chase? back to you guys. connell: where have you been all this time. liz, thank you very much. bottom line, liz macdonald. dagen: one of the great american entrepeneurs. he is cocreator of the paul mitchell hair care line. patron tequila. thank him for that too.

john paul dejoria is here to tell you why obamacare needs to be scrapped. start all over. connell: wonder how many hours a guy like that sleeps at night, john paul dejoria. dagen: i bet he doesn't sleep much at all. connell: we'll learn how to sleep two of us because we doesn't do much, waking up so early for imus. this is good segment coming on. there is money on the line, according to studies. multibillion-dollar question for corporate america. people don't sleep enough. are they then less productive. that is coming up on "markets now." first winners on the s&p 500. i was kind of rambling through that tease. i might be too tired. we'll see. dagen: cranksy -- cranky. connell: yeah.

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♪ >> we're back on fox business. at the half-hour, here is what we still have coming up. the van got to pin your car really is a famed entrepreneur here with us in studio, you're right now. here said -- dagen: this weekend will be an interesting segment because it is time to press the reset button on obamacare if peer reviewer losing sleep you're costing your business a lot of money. one for the road, one for the table. why one turkey ranchers says their key to the best turkey on thanksgiving is what these turkeys are drinking. coming up. dagen: folks in north carolina will be met at that guy. a tell you that right now. shares of groupon and priceline hired stealing some top --

stealing some thunder back from twitter. >> reporter: less take a look at some of these internet-related names when you're looking at those priceline and groupon taking a look after the bills reported quarterly numbers. right now of 6%. priceline is a thousand dollar stock. groupon in the meantime testing a version of website that does not require e-mail addresses. a customer base. they did see a wider oss. the revenue was a little wallop. this deal is departing. the company recently completed a $2 billion acquisition. in the meantime international bookings were quite strong. more than 7% this year. dagen: thank you. connell: let's get to our next guest saying you need a do overall obamacare pier be taken

completely off the table and work on it and make it better. dagen: if youure watching us with the sound off, this man is one of one -- one of america's most successful entrepreneur. you never know what he has in the works. great to see you in person. >> thank you. thank you. dagen: why can they do this and why with obamacare? >> if they can, if you looked at the history, one party mainly work on it, went through it quickly. the other party said they did not know much about it. the push something through rather quickly. the president said, and all -- with all due respect maybe thought that his rates are going up, everything is fine, no one will be insured and it will be four of us. connell: if you like you can keep good thing. dagen: all use the best example. last week my assistant said, you're not going to believe this, the president liggt. would be talking about?

miasmas rates doubled. they are middle-class family. middle america doubled his rates -- more than doubled because of obamacare. other people know, insurance was dropped. wait a minute. maybe you thought it was right in there is something wrong, but that is salad is. did the president like? i hope to think that he really thought it would never happen, but if you or the president, why did you stop it from happening. apparently cannot. that is what he reorganized. if you cannot stop something from happening, and you're the chief guide, it stops as you, you cannot stop people from having their insurance is double or triple or even at moron. if you can't do that then, mr. president, you've got to be a top executive, stand at the plate and say, okay, it didn't work, let's do something different. so let's get together and form it so that it works for all

americans. all americans can have it. xbox. connell: it is an interesting case study. being an executive. i don't know there is anything i can compare to this, but i am ssre people have made somee3 mistakes were something has gone wrong over the years. anything like that? >> it happened to me just a short time ago. we are launching this major color line with our company. everything seemed to be so perfect all but there were three main changes in their that were not working. , got rid of where we had to and it's been all these months pull them up, start from scratch. fix those from scratch. hold everything back. but going through it right now.

this is back in june and july. >> exactly. the we have this unfortunate situation where people were sent home even though they get paid right now the answer could have happened one week before they shut down the government. all they have to do. it is shut down every member of congress, everyone in the senate and the president and his cabinet, whoever is in there, you don't get a paycheck until it is over with. they would solve that in one day. wait a minute. in other words, i really feel if you get people in a room with cameras on them so the public and see this, let the democrats, republicans, and anyone else talk to one another, let's help one another with cameras on the. i'm sure you will welcome that and i am sure any opposition will welcome and also. that is the answer. so much information out they can sit in a room together openly with people that really is to really care and with the public walking into those rooms, they

could still this, reorganize this in months not years and make it work for everybody. the majority, maybe not all people, but the majority are very happy. america works. it does work. dagen: that is part of the problem. washington and the people that beckons grew up over and over again. even to gigantic proportions agree is in with the health care law and your still hiring -- : enclosed room with cameras in the room. it can be closed, but cameras so hold public can see what's going

on which eliminates lobbyists. the public is in what is being said. there is a 2000 page deal. connell: that was great to personalize. >> tequila with fresh coffee beans. connell: this segment coming up, how many hours of sleep you get every night? >> anywhere from depending on where i am five hours to seven or eight hours. i have to watch. dagen: i would like three.

we did. good to see it. a stage manager six months, he is due today. we will learn how to sleep and why it is such a big money problem in just a moment. dagen: this is your money really. the internal revenue service. attendees. more and that is coming out. a lot more still to come. don't go away. when we made our commitment to the gulf, bp had two big goals:

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15,000 retail jobs during this year. coca-cola wants to invest more than 4 billion in china between 2015 and 17 to build new factories and that more products. a 16% market share in china, but that is down from five years ago. that is the latest from the fox business network, giving you the power to prosper. ♪ [ female announcer ] who are we? we are the thinkers. the job jugglers. the up all-nighters. and the ones who turn ideas into action. we've made our passions our life's work. we strive for the moments where we can say, "i did it!" ♪ we are entrepreneurs who started it all... with a signature. legalzoom has helped start over 1illion businesses, turning dreamers into business owners. and we're here to help start yours. see who does good work and compare costs.

it doesn't usually work that way with health care. but with unitedhealthcare, i get information on quality rated doctors, treatment options and estimates for how much i'll pay. that helps me, and my guys, make better decisions. i don't like guees with my business, and definitely not with our health. innovations that work for you. that's health in numbers. unitedhealthcare. ♪ dagen: speaking of sleep, worded that petro go? here is all you need to know. more than $63 billion in lost productivity is due to sleep deprivation. so says the harvard business review. connell: we must be costing the company millions and millions. many are taking notice. a $10 million renovation

focusing on creating a better night's sleep for the people he stayed there and for their employees. they also brought rebecca robinson to help with this sleep renaissance so to speak. a lot of firms. the gap. even work with the jets which explains why they have been sleeping. i was reading about that. interesting. you teach people how to sleep. how much sleep should we get? >> check quality of this did we get night is a success. dagen: intriguing cafe before you go to bed. what are we doing wrong? >> a couple of things.

we can improve the quality of our sleep at night which is something we have been working with with the employees. of full-time ph.d. student and researcher. and actually, most doctors don't know much about sleep medicine who were not specialized in the area. we worked on sunday april tips. good hygiene behaviours. include keeping the schedule, including the weekend. and making up for lost sleep when possible, taking a power nap. dagen: can you catch up on sleep? >> absolutely. it does not dissipate. you have to pay it back and can do so. and you actually also develop the power nap program.

executives can call up and get some help with their napping during the day. connell: we wake up. we do morning show. i get like 320. it does not take me as long to look as good. i almost fell backwards. so you take a nap and i don't. you probably should. >> that is what we call us sift schedule. you're not alone. 14 million americans who under it to the power are ways. for you guys it is all the more important. trying to keep that consistent schedule is near impossible to wake up at 2:00 a.m. on the weekends, but trying to keep it consistent and in plain --

connell: sunglasses. >> that is key to helping shift workers. the best way to think of circadian rhythm. wearing sunglasses can check our brains into ignoring the sun and fall asleep as soon as you get down which is critical to you all to waking up and -- making up the lost sleep. >> absolutely. it is critical. connell: looking at some of the notes that you had. i was staring at my ipad. these phones. we are in a battle. the technology we can push our bedtime way into the wee hours of the night by staying out of ourself phones. the light spectrum light is deleterious to your sleep. ninety minutes before bedtime, shut down electronics.

it is not only stimulating but ending the taillights spectrum light. spend a lot of time to incorporate all of these into their services. something that we can all do in our lives. connell: i need a second wait a call. violating every rule there, staring at my ipad, should be sibila ready. >> thank you for having me. connell: you help this. dagen: i started reading, and that does work for me rather than watching god knows what on television. >> especially if it is a horrible book. the irs issuing $4 billion on fraudulent taxes. you have a research and returns, for example, going to this single address which was located in lithuania of all places. dagen: a u.s. city with the most fraudulent tax returns, miami. unfortunately not in sunny miami

but in washington d.c. howdy you pull this off? >> hello. for example, the social security numbers of someone who normally does not file an income tax return. children to my school students, the very old, the dead, and they filed a fraudulent return. this report by the treasury department's inspector general says it appears 1 million of these possibly fraudulent tax returns were filed and the irs paid out billions. that is down and just over 5 billion paid-up the previous tax year. reports this is the top five cities to topple the listaria ce

line yeah, china, ireland, in canada. >> improved its antifraud effort. and as a result of these aggressive efforts to combat refund fraud as the civilian identity that says it does 11 the ira says stop suspicious returns and suspected over $40 billion in fraudulent refund . but some tax policy analysts say while it's an unacceptable number it is not all the ira's fault. >> have given them an impossible job. to fix the problem we really need tax reform that simplifies the tax code. otherwise we will keep getting issues like this because it is just so complicated.

>> they aren't -- the irs can only do so many audits, and the fees to perpetrate this kind of fraud are really good at it. connell: you would think that when new hampshire turkey ranchers as he has the answer. [ male announcer need help keeping your digestive balance in sync?

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ingredient. of say what you want to get rid of all, opening a 608 timeframe to gain more insight. that is why is next. there will talk to manufacturers about the prospect of removing trans fat from the products. let's let the goal is to get rid of them completely and get them out. dagen: microwave popcorn, pizzas, georgia five jars of the store-bought frosting. a new -- in new hampshire, a turkey ranchers says he has the best taste in turkey this year for thanksgiving. giving his turkey's pir since 1993 and says that it makes them better, juicier, and more flavorful. he stumbled upon the method by accident over 20 years ago when a beer can fell over, and one of his birds started drinking it. he has won by this process ever since.

the beer of choice, the gentleman prefers to give them lagered over light beer. connell: that may have been the dumbest are we ever done. what do you think? on that note, have a great weekend, everybody. more jobs in just about anybody expected. the unempllyed married did go up. dennis and cheryl are coming up with more. the lack of affect the government shut down had. and. dagen: more sac capital employees pleading guilty to insider trading. former ceo of drug maker in honor of the ottawa comes up. ♪ (trainin horn)

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they are forced into it. we were not as clear as we needed to be. i am sorry that they are finding themselves in this situation based upon the assurances that they got from me. dagen: the president out with a big apology saying he should have explained his infamous health care promise better. taking you through the next hour more jobs added last month. the unemployment rate rises. it will break down the numbers and the effect on those numbers of the government shut down. more sac capital employees pleading guilty to insider trading, cutting up while the first was a bourse, the former ceo of dressmaker and owner of the ottawa senators. apple building a plan in arizona as a startt you will look at a major effort to move jobs back to the good old u.s. of date. all of this and more in the next hour. ♪

cheryl: you know what, today is jobs friday. so the report. dennis: we started out down because it was a stunningly good number compared to low expectations, but then they turn and up 86 boys because they look farther inside and realize there are disturbing trends such as the labour participation rate dropping to 835-year low. 40 percent of americans of working age who are not working and are not even looking. cheryl: breaking news. this is just coming in. we are just now getting some comments from better reserved bank president dennis lockhart on the state of the economy. that said to peter barnes on the white house. did he say anything about the jobs report today? >> he did not, and that is critical. let me tell you what he did say about accommodation, easy money policy, quantitative easing. he sounds -- he is typically,

you know, a centrist, a swing voter, so we want to make sure that we listen to what he says. here he says about the economy, next year's economic of comes will swing importantly on fiscal drag in consumer spending. even with better growth and all likelihood year end 2014 inflation will still be too low. anton the levels will still be well short of the goal. therefore, its third policy overall should remain very accommodative for quite some time. a mix of tools that we used to provide ongoing monetary stimulus may change, but any changes will not represent a fundamental shift of policy. it sounds like he is getting a little more down and may support continued qe, bond buying, the fall may be 5 billion a month to try to keep interest rates low for logger. now, we are not sure -- we presume he saw the unemployment report which interestingly, as you said, came in.

jumping to 200,000, much higher than expectations of 125,000, and this 200,000 jobs a month is about the average for this year. that is about the number that the fed has been looking for to start to taper, to start dialing back. we will see if dennis lockhart as an or add some comments in about the jobs report because he probably wrote the speech before that. we saw the unemployment report -- the unemployment rate rise as expected, in part because of the government shut down. you know, this shutdown did not affect the private sector perils , but it did affect the household survey which car could see an employe of a rate. they put out a six page technical non-white, and i am not correct to take you into the weeds with that. economists expect this to play

out and smooth out in the next couple of -- cheryl: we only have an hour show. good reading of the website. peter barnes. thank you so much. dennis: let's take a look at how the markets reacted to the jobs report. let's go to the floor of the stock exchange. why is it that suddenly wall street has decided it is good and not bad news. >> reporter: very interesting. we just saw those headlines. he continues to support ec monetary policy. that is something we are watching. as you noted, you see that labour participation rate quite weak. the dow right now up 84 points, a gain of about and a half of 1 percent and some great names on the move here, including j.p. morgan up 3%, goldman up. also gaining. mixed bag. the dow is looking like it may

lock in a winning week. it may go down to the closing bell to determine. back to you. dennis: good news to here. thank you. cheryl: for those out there celebrating the 204,000 jobs added to remember, the labour participation rate is at 35 and a half year ow. our next guest says don't get to ahead of yourself. may street economists. it is going to err the would you say. the question now, how much are we going to see in november. the number today is such a big surprise that does not seem to fit with the rest of the picture . existing home sales are down 304

months. and yesterday's gdp report. that's why i expect to see these numbers revised down next month. cheryl: i want to be clear for our viewers. we are in november, but this is gonna be the november report or potentially we're saying is you will see the october numbers revised downward. having said that, if you look in august and september that jumped its leisure, hospitality. lots of bartenders are getting jobs, but we're also seeing the services sector, retail jobs. you are the economist. is this really that great? >> it is not a great mesa job increases. i mean, let's be clear. starter than expected, but it was not a terrific makes.

you did have of bumps in manufacturing, which was nice to see, but you are right, leisure and hospitality was 53,000. retail is 44,000 answer that. more temporary in nature, especially when you start getting into the holidays. cheryl: explain to me this gdp reading. some of these stocks do not connect. hey, we are depending on the government for data. fine. but we got plan. private report coming out and saying that they're going to be planning layoffs for october. on top of that we are hearing that gdp is strong. so what is the story, what is the truth? >> i would suggest that gdp was he was not that strong. you saw inventory build. if you look at the most important component, is one and a half percent when it should be something like three and a half percent in recovery. use of a drop in business investment as well. those are signs that we still have underlying weakness in the

economy. i get concerned about the housing market with mortgage rates having gone out, mortgage applications falling, on sales falling, so forth. i think on balance we have positive growth. it is still pretty weak. i don't think the jobs report really reflects all of that. cheryl: i want to ask you again, the labour participation rate being in a 35 and a half year low right now. i mean, that, to me, is stunning in something that is not being addressed at all. >> you are right. the labor force participation rate is really masking this and plan the raid, but the way government counts unemployment is if you don't have a job and you are looking, you are unemployed. but if you don't have a job and you're not looking you're not anything anymore. so when people stop looking, there are fewer unemployed people. that is the participation rate going down. is distorted this month to begin in that survey the government shut down it affect those numbers, but even so you are

right. we are at a low toward the late 70's. and that is a critical variable that as an overlooked. i think the fed is starting to pay more attention. cheryl: the kind of chickened out in his comments, but we will be looking for more. it is great to see you, as always. thank you for being here. ♪ >> thank you very much. dennis: selling what the fed, right on the insider-trading charges. and more guilty pleas entered today. but back in 2006 the canadian pharmaceutical company and its ceo blew the whistle pico. claiming that sac was manipulating the stock price. joining us now we have the former ceo. eugene gnomic. thank you for being with us.

he saw the news. >> i don't think that's a lot of money for this guy, and he is ready the top. to me it's organized crime. it they don't wear fedoras are black jackets. it is satisfying so far. the work is not done yet. insider trading is where a firm here's a secret, the company has not disclosed to the public interest on it which is wrong, but in this case there was no insider permission. is no victim. shapiro the trading and in creating a momentum down words.

it all started with they actually were able to get a mainstream analyst, he went out and put for bank of america these stories that we are overreaching on our accounting and all this garbage. that is seven starts. dennis: even if you have a bunch of sinister bad guys putting out bad news ultimately does the choose not win out? if your stock falls are there not other buyers who will settle believe the bad news. so many rumors. kannapolis that my reputation

back. as the bottom line. it's tough to recover once you're done. eventually -- and it was years before putting out rumors, whispering things. a bit worried about that in this let's get the big public battle that took place. i'm done. let me out of this firm. dennis: the company's year-end got bought by valiant pharmaceuticals, they end up settling with sac and pays $10 million to sac because we see them for vexatious litigation. >> we had a $6 billion lawsuit against as a seat. that was a slam dunk when. they decided -- by retired by

then. they decided we want to claim that. and we will pay them $10 million. get on it. dennis: that must drive you crazy. >> it does. dennis: great to have you. cheryl: we are following some breaking news out of chicago. the monthly crop report delayed for the first time in 100 years. we will take you to the pits of the cme. analyzing all those numbers as we speak. dennis: calling it a super typhoon. maybe the biggest storm in history. details coming up from the fox business weather center. first, let's take a look at energy prices. ♪ when we made our commitment to:

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cheryl: breaking news. coming out. we are just getting the numbers.

a record corn crop. >> i know. we thought we would get 14 billion bushels. i was hoping to get that to say we did it. there is surprising news. it looks suraya to produce the third largest soybean crop in history. that number came out. i carry over, that is revenues is. is in sight that is much lower than expected.

cheryl: you were concerned that there would be issues with the numbers. they might be skewed, some of the data from the government not there. are you saying that at all are you confident we are okay? >> there are some numbers. when they did this to the original count for october, that day it was lost. we might see some in the next report. keep an eye and the carry over and an adjustment on the next report. right now those numbers are lost cheryl: thank you for coming to break the news for us. >> thank you. you got it. dennis: stocks every 15 minutes. nicole petallides at the new york stock exchange. from that crop report to the agriculture wars, teaming up. >> reporter: we will sit here and bring some technology into this story. you can see, dupont up one 1/4%.

so the story here is that you do have to of the company's year, dupont and deer are collaborating in working to deliver a analysis that will be technologically based and tell people when to plant, went to have a crop treatment test control, best time to harvest. there will be data that will be provided wirelessly. obviously technology moving into the new frontier here for agriculture which will lead directly against monsanto and take effect in 2014. so watch all three of these names. back to you. dennis: thank you. cheryl: they are going to need that software based upon the crop were we just got. well, a super typhoon is barreling down upon the philippines. have you seen this video? the latest on where the storm is heading next. dennis: the fda wants to ban trans fats.

the stuff that makes your doughnuts, coffee, french fries to serve good. my food fight is coming up. cheryl: is that done at the video for me? dennis: here is how the currency is fairing against the u.s. dollar. ♪ you make a great team.

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cheryl: could be known as the most powerful storm ever to hit land, and it is currently battling the central philippines in the fox weather center with more on where the storm is now heading. >> such an incredible storm making landfall, and that is the big thing. we have had stronger storms, but it likely has never been this strong of a storm that made landfall. the third storm to hit the philippines this year. major flooding. 195-mile sustained wind and verified. actual measurements of that would make it the strongest landfall ever anywhere on earth that we have seen from a storm. the prior record to that was hurricane camille in 1959. this is what we have seen, the biggest and most intense storms we have ever seen, none of the

most intense storms ever made landfall at their peak intensity which is what we saw from superstore as a cab ride across the central philippines. now is back over the water. the water is not as warm as it was, and i think we will see it get back to a strong of a storm, but likely still staying category three or four. then you will notice it hugs the coast of vietnam hitting a lot of the land mass, certainly along the coast. we will see widespread destruction -- destruction across the northern half of vietnam's. so a lot of rain and a lot of continue flooding. hurricanes across the atlantic basin. this west pacific area has been incredibly active. it looks that way.

thank you so much. will season. already puts it in the top 200 biggest companies. >> that's one of the reasons there startling. the best case scenario, sideways until we start to get some earnings. perfectly trading, a different set of accountability. can you get the numbers, deliver what you expect, what the analysts expect demand can you begin to justify the valuations. >> that is one of the -- cheryl: that is one of the concerns.

analysts supporting actor for revenue generation. they are saying that basically they're out of their mind. that is really going to come through in the quarter. >> there is the argument about potential and the time they reach that potential. amazon go with that for a long time. that was -- the ipo came out and had a long pop. action pulled back. cool, same story. we have dealt with this before and seen it before. if they can blow with the street , then the stock will probably hold of it, but i am not going to look to buy for a while. dennis: technically $26, but real people could only get it after it jumped. then it fell. should we look at this as a down day? the first real trade was 45. dennis: without a doubt.

>> the day after. cheryl: thank you very much. well, what do you think, is backed the united states i will speak with the man behind america's restoring efforts. dennis: california would like to up lure more business back to the united states wants a never $45 billion in annual adjusted income in the past 18 years because of higher taxes..3 where is the money going? we will show you. ♪

cheryl: stocks every 15 minutes. let's bring in nicole petallides from the floor of the new york stock exchange. we're looking the dow barely off

session highs. we expected the opposite today after that jobs report. >> yeah, it was really tricky here, that jobs report because it brought in all kinds of chatter from the labor participation rate which is terrible, worst since 1978. it seems like it was a better than expected report. that being said we're seeing certain sectors moving on the idea if you were to have a better report and the fed were to taper, then you would see insurers such as metlife and financials doing well. metlife, for example, up 4 1/2%. link -- lincoln up 5.3%. this would do well. however if the fed were to taper, mortgage rates were to rise, you would see homebuilders pulling back being names like pulte, kb home and toll brothers are down. roughly 3%, 4%. back to you. cheryl: good news is bad news. nicole, thank you very much. appreciate it. president obama directing his team to consider some administrative solutions, that's a quote, to address issues in

the health care law. this after the about the apologized to the americans losing their current plans. rich edson joins from us d.c. with the very latest on the apology tour. rich? >> cheeyl, still no mention from the white house what specifically the administration is considering. for years president obama had promised his health care law would insure americans could keep their insurance plans. no caveats. the problem? the law features significant conditions and insurance companies are canceling plans. hhs secretary kathleen sebelius is in atlanta selling the health care law to a medical center. she says the administration is still considering how it will try to fix the system to come play with the president's earlier promise. >> we're looking at a number of options where there may be an opportunity for that number of people to look plans that they have right now but there isn't any specific proposal at the table immediately. >> reaction from republicans?

spokesperson for house speaker john boehner writes, the president was well aware he was misleading the country when he promised americans they could keep their plans, the one they liked under obamacare. so he doesn't have a lot of credibility when he now says he is looking for a solution. the speaker's office says there is no minute state tiff fix. republicans say the only option for the administration sign the bill that the house would likely approve next week, that would allow insurance companies to continue offering plans they're now canceling. back to you. cheryl: this is getting interesting especially with sebelius on the road. rich, thank you. >> thank you. dennis: states across-country attempt to bring in new tax revenue some believe raising taxes is the solution. but my next guest, travis brown, author of the book, how money walks, he is here to show us how higher taxes drive out business. travis, thanks for being with us. what is the headline of this whole thing. >> we're asking taxpayers based on the internal revenue service

data have they been moving and voting with their feet? we can see tax players fleeing high-taxed states and moving to low-taxed states. dennis: i see academic studies in california insisting no impact of higher taxes. officials insist they are not fleeing s that the truth. >> they're telling us for example, that new york state with high taxes here has lost over $68 billion, looking at, real taxpayer income. net of all transfers in the laat 18 years. whereas the opposite is true for states that put a zero price on. florida, sunshine state has gained $10,000 a minute on average of everyday, of every day for every year last 18 years. dennis: from people's income. >> adjusted gross income. net gain to florida, versus possibility of leaving. taxpayers know they must go where income and jobs are most welcome. dennis: when more money comes into florida, the reason that is good, florida is taxing that florida has no personal income

tax. >> one of nine states to not tax personal income states. dennis: all nine states largely growing faster and brought in more money than states raising taxs. >> that is what we see not just in florida but texas, gaining $25 billion, net gain of adjusted gross income the last few years. not just states not south. states like washington state gaining over $12 billion. states like wyoming, gaining as well. as a group these nine states are adding $164 billion, where the reverse is true. states like california are actually losing big as a part of those nine highest income taxed states. price of work there is costing just over $149 billion. dennis: wait that 149 billion covers what. >> covers the loss, lost income. >> adjusted gross income of the past 18 years. dennis: for which states? >> for all the states with the highest personal income tax rates. dennis: right. which is worse, having a higher rate or the delta of then

raising rate on top of it? if i had a higher rate for a long, long time, is it more increase on top that hurt or high rate all along that's hurting? >> you're looking cumulative local and state tax burden. what taxpayer data they can and do move over the long run. if there is threat, for example, going back to new york to raise marginal income tax rates in a city or a state, we know taxpayers are sensitive and they do respond to it. dennis: new mayor of new york city saying we want a new preschool program, pre-kindergarten we'll raise a tax on rich to do it. no problem, right? >> we have a lot of reasons to doubt how well that will work out based on past performance. dennis: really doesn't pay. do you know of any case in all of your research over the 18-year period where states that did raise tax rates, ended upbringing in more income, taxes because of it. >> it is very hard to find evidence of that. there are certainly a lot more examples where raising the

marginal tax rates in anticipateing a certain amount of revenue tends to fall short. just last year, good example of that, raised the price of smoking in illinois, expecting $350 million. they actually realized $250 million. $100 million short raising cigarette a buck a pack. if cigarettes change immediate behavior response how would work be any different? dennis: do you think in new york city, the already the rich are beginning to change their behavior in anticipation of taxes going up on gazillionaires? >> we see this all over the country. other countries see this, even places like france where campaigns who try to collect more, extract more from wages of earnings results in just the opposite effect. dennis: wow. so raising taxes bad. i think that is where we'll wrap it here. thanks for being with us today, travis h. brown. appreciate your research. come back on. chairman? cheryl: jobs could help states get it right. arizona is teaming up with apple

to bring back jobs back to the u.s. >> and would you like fries with that? why the fda is moving to ban added trans fat in processed foods. as we go to break look at 10 year treasury. the 30-year as well. stay with fox business. we'll be right back. ♪ [ male announcer ] once, there was a man who found a magic seashell. it told him what was happening on the tradg floor in real time. ♪ the shell brought him great fame. ♪ but then, one day, he noticed that everybody could have a magic seashell. [ indistinct talking ] [ male announcer ] right there in their trading platform. ♪ [ indistinct talking continues ] [ male announce] so the magic shell went back to being a...shell. get live squawks right in your trading platform with think or swi from td ameritrade.

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>> i'm jo ling kent with your fox business brief. nbc has signed a deal to broadcast virgin galactic first space tourism flight. virgin founder richard branson and his two adult children will be the first passengers on virgin galactic ace launching from new mex. boeing could move assembly from its 777-x jet elsewhere if the labor agreement is not ratified. the jet program would keep thousands of jobs in washington state. the vote on the new contract is scheduled for wednesday. consumer sentiment fell no november to 72.0, down from the final reading of 73.2. it is loyest reading since 2011. thomson reuters university of mesh ban index found many job households are worried about job

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your money needs an ally. cheryl: apple becoming the latest u.s. company to bring jobs back to the u.s., announcing plans for a new manufacturing facility in mesa, arizona. that could create up to 2,000 jobs. while this ace positive sign, is this country doing enough to bring jobs back home? let's bring in harry moser, founder of restoring initiative. that is the question, harry, are we doing enough? >> i think we've made a good start. the companies are consistently bringing back work. we calculated about 30,000 manufacturing jobs coming back per year. we come close to having the offshoring be balanced by the reshoring. so we're geting a nice net result. but the country itself could do more. the country could reduce corporate taxes t could do a much better job of hiring and training, recruiting the skilled professionals we need,

toolmakers, precision machines. cheryl: that's a lot, that's a lot to bring up here. talking about education. talking about the tax rate. those are things at this point really out of company's control. companies still have incentives to offshore jobs. that is the way of tte world. you met with president obama. you were at the white house last year. do you feel like he heard your plea to bring jobs back to the u.s. and problems, you say are associated with that issue? >> he heard the plea. we had top men from industry all making the same plea. one of the key things that he heard and that the administration has been helpful on is to help companies understand the impor deciding based on total cost instead of just price. the commerce department has a four sites where they help companies do that analysis and link them to our website where the analysis is actually being done. cheryl: talk about the analysis, harry. what we continue to see over and over, not that i'm not happy to

see jobs brought to a state i'm from air sown, overall, hundred of thousands of jobs that have been lost, millions over last five years, a lot of those have gone overseas. they're not coming back, if you look at the spread, the percentages are completely off balance. i know you agree with me but there still a lot to fix here. >> we would say, 10 years ago we were losing 150,000 manufacturing jobs a year. that is down to about 30 or 40,000. and reshoring has gone from maybe 2,000 jobs a year up to 30 or 40,000. so we've gone from offshoring being 75 times the annual rate for reshoring to the two in balance. if you want to turn an oil tanker around, first you have to stop it and then you turn it around. and we approximately stopped it. we can't declare victory by any means but we can declare at least we're in the battle. cheryl: one of the things we've seen especially in technology there is a huge growth of jobs in the technology sector, fair

enough. but those individuals taking those jobs, qualified for the jobs, a lot of them are coming from overseas. that is the education side of all of this. what is the answer here? >> obviously we need a dramatically better basic educational system. throughout the country. it is a disaster. we need to do dramatically better. we have to train more engineerr, but also more as i said, toolmakers, precision machinists. we need to elevate image of those professions like the germans and the swiss do. those are clearly a profession instead of a trade or vocation. cheryl: is there a sector right now we're missing? we went through the jobs report this morning. we saw growth in leisure, hospitality, retail jobs, things like that. government jobs of course was down. is there a sector in this country of job growth we could create that companies want to get behind, companies want to grow from. >> i believe the easiest is manufacturing. there's, we calculate that about

25% of what has been offshored would come back if companies did the math properly, if they analyzed their total costs properly and, and that means 500,000 to a million jobs just by companies doing the math correctly and analyzing what's in their own self-interest to bring back. we won't solve the whole problem but solve some of it. cheryl: it would be good to look at sectors and get us specifics. >> within manufacturing, within manufacturing the biggest trend has been appliances, machinery, transportation parts, relatively big, heavy things that make, that never may have had sense to go abroad because the freight costs were so high. cheryl: that is a good point. you have american muscle behind that one. harry, thank you very much. >> thanks for having me. i appreciate it. dennis: the fda wants to impose a ban on trans fats that are added to processed food. everything from popcorn and cookies and frozen pizza and more. our next guest says it is about time. never mind trans fats have been around over 100 years.

why ban them roth. mimi roth, tell us about what you think of fda move? >> why ban them now? it will prevent thousands of heart attacks. a great idea to prevent them now. >> fda wants to ban trans fats that cause 7,000 deaths per year. also regulates, national cancer institute cause 443,000 deaths in the u.s. if baning a substance kills 7,000 people a year, why not ban cigarettes that kill 400,000 a year? >> now you intrigue me. i wouldn't mind if they did ban cigarettes. i don't think that will happen. you have even recently in new york city, raised age limit for children that can purchase tobacco. dennis: right. >> i would not cry a tear if there were no tobacco products. dennis: the fda isn't doing that. >> dennis, you understand it is part of the department of agriculture. how is fda supposed to do its

job? department of agriculture mandate, promote business of food. fda, keep the food supply s.a.f.e. hmmm. dennis: in 1990, u.s. surgeon general had a report that trans fats are bad four. we thought margarine was butter than butter. 02, says no safe level of trans fats. in only 2013 the fda is acting. usage of trans fats in u.s., consumption dropped 70% since two thousand. >> why? because of good work of steven joseph, guy said ban trans fats.com. right across the bay from san francisco was trans fat free. new york, philadelphia. et cetera. dennis: not the government, mimi so i will cut trans fats. >> the government is coming in late because it didn't have the will to fix this problem. consumers pushed back because the government fda wasn't doing its job. now they're finally publicly accepted and businesses know there is nothing else they can

do about it,fda says, oh by the way that is bad. should have done it decades ago. dennis: trans fat consumption is down 70% since 2000. >> yeah. dennis: because of the free market. because food makers want to sell more stuff. >> because of regulation by big cities. >> no, the point is -- meaning over half of the trans fat consumption in the u.s. is popcorn. okay? popcorn. why don't we pass a rule for popcorn. wait, let me finish. >> it is your show. dennis: when you pass a rule like this across entire industry across the entire economy you have federal police coming after you making sure you follow rules. why don't let free market do what it is already ruleing. >> fda didn't do the job soon enough. it is dangerous. fda role to keep food supply safe. government is supposed to do that. industry should be transparent what we're eating. consumers after get information should be held accountable. wait, wait. talk about consumption is down. usage of lead paint is down. should we make that legal again?

no. it is dangerous. trans fat is dangerous. dennis: the government took over 100 years to decide this is dangerous. epa just decided war carbon dioxide humans breathe out is dangerous substance. the problem when government arbitrarily around this thing been around for decades an is illegal and -- we've got to go, we're wrapping. thank you, mimi ross. wrap when you're told to wrap, girlie. cheryl: if i had a bell i would be ringing it. call it drunk on thanksgiving. the secret ingredient one new by for getting biggest and best tasting birds for your family's table. that is coming up. when we made our commitment to the gulf, bp had two big goals: help the gulf recover and learn from what happened so we could be a better, safer energy company. i can tell you - safety is at the hearof everything we do. we've added cutting-edge technology, like a new deepwater well cap and a state-of-the-art monitoring center, whe experts

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cheryl: looks like you might have to head to new hampshire if

you want the best tasting turkey this year. new hampshire turkey raiser has been giving his turkeys beer since 1993, insisting it makes them fatter, juicier and more flavorful. he stumbled on the method by accident over 20 years ago when a beer can fell over and one of the birds started drinking it. he sworn by the method ever since. his beer of choice i prefers to give them lagers over light beers. extra call list to make them extra fat for the table. dennis: i'm in favor of it. cheryl: jobs friday, a week late. got it this month thanks to the government shutdown but with today's report maybe we should look making the temporary shutdown permanent? first trust advisors, whopping 204,000 jobs added last month. can we actually trust the numbers? dennis: 200 is not whopping. just better than we expected. beauty secrets, harvard business grads behind what made their samples in a box company so

successful. next hour on "fox biz." what's better than zero heartburn?

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[kevin] now business is in really great shape. [announcer] start ing intuit quickbooks for free at quickbooks-dot-com. lori: a job report stunner, i'm lori rothman. adam: i'm adam shapiro. nearly 100,000 more jobs created than expected last month. so much for the government shutdown, right? stocks moving higher despite fear that the fed will actually tap the brakes. lori: first trust advisors brian wesbury, one of the most noted economists in this country joining us in moments with what we should be celebrating today's report and not dreading the upcoming taper. adam: scathing criticism from the fed of the -- head of the federal reserve bank of new york. why he says america's largest financials institutions, and this is a quote, lack respect for the law. lori: look at this. a flotilla of trash, nearly three years after the japanese tsunami the real risks as massive amounts of debris continue to drift to our

shoreline. adam: stung in the grocery aisle. with all monday prices hovering at eight year highs, there is threat to the price of granola bars. the surprising culprit. honeybee and who is getting stung. lori: we hope you stay with us. straight to the floor of the new york stock exchange and nicole petallides. stocks, bouncing back here after yesterday's sharp declines. >> right. we're see you now that the dow is up about 88 points here at the moment at 15,682. nasdaq and s&p holding up nice gains. nasdaq nice move but still down for the week up 1.4%. we got in the monthly jobs report, but first seemed like good news but you knew the labor participation rate is still at lows we haven't seen since 1978. here is a one-week chart for you as the dow and s&p working here to squeeze out gains for the week. we'll see whether or not they actually do that. we'll see if they actually gain th