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tv   Markets Now  FOX Business  December 13, 2013 11:00am-1:01pm EST

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thank you. the list of problems with obamacare keeps getting logger as another key deadline is pushed back. do you want companies to know when you have red hair e-mail messages? google doesn't seem to care, telling companies whether you like it or not. another board will flu season last year. the cdc seems to think we are off to a better start for this one. eliminating the chance for human error. going with your gut should be something when it comes to your business decisions. all that and more this hour. connell: share more of your tweets as we go through the hour. don't trust your gut. that is the one thing you should take away from the show. dagen: i did not punch the women in the face. connell: the data would have put you in jail.
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nicole petallides at the stock exchange and looking at the markets on friday. nicole: good morning. we have an up arrow up 14 points on the dow jones industrial average. the vix, the fear index has pulled back but it looks like a losing week on wall street and it will be back-to-back losing weeks that we haven't seen in some time. boo weekley loss in over two months, that being said the dow jones industrials are gaining. we are seeing retailers doing better, transports have an up arrow as well. we want to look at anadarko petroleum, and then we have been following, down 8% on news that they are going to be on the hook most likely for billions of dollars, between $5 billion and $14 billion according to one judge that has been looking at it, jpmorgan downgrading it, oppenheimer cut their numbers on it because of liability from the
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takeover. dagen: the department of health and human services pushing back another key deadline for obamacare as enrollment numbers continue to disappoint. connell: rich edson is all over it in washington d.c. and joins us now. rich: all these changes are making the transition to the new, more difficult. the obama administration giving americans more time to enroll. if a customer chooses a plan by december 23rd, insurance companies must cover them on january 1st. the deadline was dec. fifteenth. the administration asks insurance companies to accept partial payments in january in exchange for full coverage on january 1st and encourages insurers to treat out of network expenses and prescriptions as in network. kathleen sebelius says, quote, we are providing additional flexibility to consumers across the country to ensure they have access to coverage options that begin on january 1st, 2014.
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in response the health insurance industry says with only two week to go before coverage begins, continued changes to the rules and guidance exacerbate the challenges associated with helping consumers through the enrollment process. health plans will do everything they can to protect consumers from coverage disruptions caused by the ongoing technical problems with healthcare.gov. the health-care law has phased out millions of insurance plans while the administration is short of its enrollment targets. officials a expect enrollment to pick up because the web site is working better. connell: rich edson in washington d.c.. a couple polls shedding light on what americans think of our leaders in congress. we talked about this with monica crowley. it looks bleak no matter what numbers you look at. 72% disapprove of gop leaders, 50% disapprove of democrats. republicans are more optimistic about the future because 55% of republican voters think the gop
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will do better than it has done in recent elections compared to 43% of democrats and former massachusetts senator scott brown joins us. do you agree the gop because of the environment is set up to do better next time and more importantly if so why? >> always good to think positively about what is going to happen in the future but polls go up and kohl's go down. there is a complete breakdown in washington except for the recent budget deal which really didn't do a lot. maybe there's a glimmer of hope. will republicans give momentum to the democrats will the democrats flounder with the poor implementation of obamacare? there are a lot of unanswered questions. connell: put on your strategist at, you were elected from northeast state, you certainly know the type of republican that gets elected in those states.
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what should the republican party be thinking about heading into the midterm? >> the american people when they sit down for christmas or other holiday meals are not talking about the senate democrats' change the filibuster rules to ram through judges. what they are going to talk about is who is responsible for canceling my health care? who is responsible to make sure i can't get those high-cost prescription drugs that will save my kids like and recognize and remember through my help and others that it was the democrat who ran this bill through without reading it, without actually protecting people through the grandfathering amendment. every democrat voted against that. they should be focusing on remind compete old who is responsible, and my suggestion is let the states do what we did in massachusetts. allow them to implement plans to get care and coverage for the people. connell: it was reported now.
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we will talk about the issue you brought up which is health care but the split is on other issues and how to handle the amount coin. and john mccain or whoever, moderate republicans seem that way from northeastern state and rand pauls of the world, more conservative, mike huckabee, social conservative might run next time. which wing of the party will shine through the most a year from now for having the same conversation? >> going to fail unless we unite and come together and remind the people we are a party of good and big ideas, we have solutions and and work forward together. we start demonizing and vilifying each other within our party and fighting over issues we all agree on, who is more conservative about health care, we all think obamacare should be repealed and obviously had the states do something but who is going to be more conservative about it? who cares?
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we need to come together and work together to tackle the issues that matter and take on the democrats on a fair playing field. otherwise we will have real issues. connell: we all have real issues even at this point. polls show nobody likes anybody in congress which isn't very surprising but republicans -- >> we are americans first. the country's in trouble and we have to work together to move forward to solve these real problems. connell: always nice to have you on the show. >> merry christmas to everybody and have a safe new year. dagen: running for the exit. investors have pulled a record $72 billion from bond mutual funds this year according to trim tabs, could be the worst year for outflow ever. those numbers, what does it mean for the future? a drop in the bucket. phil stone is chief investment strategist at pnc financial. is this sticky money? do we need to be worried about significant outflows?
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if people start really running for the exit in bond mutual funds and forces managers to sell land you could see this vicious cycle begin where that could send long-term interest rates skyrocketing? >> it certainly could but we are keeping in mind when you look back at the flow into bonds, since 2008, over $1 trillion went in, about six million came out of equities. put in context, not huge. the second part is we do know there is some underlying demand for fixed-income. hard to take the place for people that need to generate income, retirees, we know about the aging of the population. probably don't get too over the excited about that trend. dagen: with those older
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americans they have their money parked in fixed-income securities that money would be stickier than some might think. >> i think so. what you may see more of, we have a leasing part of it, some rotation within fixed income, moving into more credit exposed areas like high yields, those kinds of things and you will continue to see some of those and some that we talked about moving to an constrained bond funds, taking interest-rate risk out of bonds and doing things like that. i don't necessarily look for a massive migration out of bonds. it wouldn't surprise me to see net flows of people finally getting around to rebalancing their portfolios the bit. dagen: that raises the question how much of the beneficiary will stocks be and is their safety in stocks giving their record-breaking fund we had this year? >> that is the hard part. what i think about it is the
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major tops of the market are combining two things, very high valuation number, and there has been some large flow into them. on that front, valuation, i can to make the case that stocks are really cheap but i view them as not expensive the this so that tips it. i do think you are right to say there is extra safety, some added safety that we haven't seen although we have seen flows into stock, haven't seen a massive flow into stocks the we could see. dagen: that is the up side. great to see you. if we don't see you before the holidays, have a great holiday season. we will see you in the new year. take care. connell: you want companies to know when you have read their e-mails that have come in to you, especially now with people selling stuff. google doesn't seem to care. it is telling the company's anyway. dagen: i don't read them.
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idb them. and beyonce with a bold decision to rollout her latest album with little fanfare. connell: a better flu season? the latest cdc report is hopeful. coming up markets now. here is some more for you. [kevin] paul and i have been friends... [paul] well...forever. [kevin] he's the one person who loves pizza more than i do. aul] we're obsessed. [kevin] we decided to make our obsession our livelihood. [kevin] business was really good. [kevin] then our sauce supplier told me: "you got to get quickbooks." [kevin]quickbooks manages money, tracks sales and expenses. [paul] we even use it to accept credit cards. [paul] somebody buys a pie with a credit card,
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boom, all the accounts update. [paul] when we started hiring,we turned on payroll. [kevin] it's like our pizza.you add the toppings you want, leave off the ones you don't. [kevin] now business is in really great shape. [announcer] start using intuit quickbooks for free at quickbooks-dot-com.
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the net google might be getting into the chipmaking the game. nicole petallides has that story. nicole: imagine, look at citmaker google. could be a possibility. we are looking at a google which is pulling back, down 1/3 of 1%, watching google here. nina may be making their own server checks, server processors, from a british ship designer, according to some reports that are familiar with the matter. we will see that comes to fruition. google has not made any
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decisions about this. will they move forward? will they be at competitor to intel? i want to give a quick analysts call on google, they reiterated their buy rating and a price target of $11.50 on google and this is because they thought google would have the ecommerce trend. connell: going for flow and today's show. image is imbedded in the company e-mail, you have seen those before and would automatically be downloaded instead of the old labor you have to click display images below. the catch is google's servers will instead contact the company to send an e-mail to load the pictures and savvy companies
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will detect that message and know when you are reading an e-mail, one comes in this time of year from amazon or macy's or your bank and google says it is taking steps to protect users but some say it will weaken formation on your e-mail reading habits. dagen: no whining, no promotion, no nothing. beyonce unexpectedly releasing her fifth album on itunes this morning. the new album features 14 songs, 17 videos and include collaboration with her husband, jasey, frank motion, even attract featuring her daughter ivy. now news available exclusively on itunes and beyonce can do this because she is the queen bee. connell: that was a good point.
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dagen: supposed to read serious promotion. when and and and's album, there was one single after another that came out before the album dropped. we will see how it solves. ew york school officials want to do everything possible to keep schools at bay. connell: we will keep that coming up and removing the chance for human error, letting dated decide. why you should stop trusting your gut altogether. trust the numbers. before we get to that we will show you some numbers and the euro and 137-27. coming right back. every day we're working to be an even better company -
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and to keep our commitments. and we've made a big commitment to america. bp supports nearly 250,000 jobs here. through all of our energy operations, we invest more in the u.s. than any other place in the world. in fact, we've invested over $55 billion here in the last five years - making bp america's largest energy investor. our commitment has never been stronger. open to innovation. open to ambition. open to boldids. that's why n york has a new plan -- dozens of tax free zones all across the state. move here, expand here, or start a new business here and pay no taxes for ten years... we're new york. if there's something that creates more jobs,
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>> 21 minutes past the hour your fox news minute, shocking news out of north korea. the government executing leader kim jong noon's uncle as a, quote, trader for all ages
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claiming he was plotting to overthrow his nephew, long believed to have been the unstable nation's number 2. the state department says it is closely following the situation. nuclear talks with iran hitting a brick wall in geneva after the obama administration said it was freezing the assets of a dozen companies accused of the dating sanctions already in place. the treasury department says some of them are helping build tehran's nuclear program. the united nations confirming chemical weapons were used in syria. the long awaited report finding deadly agents for use four other times in addition to the widely publicized attack near damascus in august. the u.n. study investigating seven such a tax but not able to determine a culprit. those are your headlines. back to connell mcshane and dagen mcdowell. connell: making money with charles payne, here to make
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everybody watching a little bit of money. it is friday. let's do it. dagen: talk is in trouble. charles: remember the drive by index? the dry bulk index. wasn't long ago it was the best index in the world at 11,000. we have at least one year chart. look what is breaking out. what it is is we shiftinn the around the world and these big gigantic supertankers, of this is what represents it. the only reason it felt partner in addition to the global economy falling apart was these companies have gone out and expended themselves. these ships cost a lot of money. they brought too many anyway. we are getting back in sync. the index is a proxy what will happen with the global economy, all economy is will have a better 2014 than 2013. being reflected there.
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i like these stocks. drive bulk and logistics turning it around, took ownership of five ships that go through the the new ones should be open next year. this is a good play all flow i will say a lot of companies have not made money in a while so their turnarounds like the stock breaking out has room initially at $10.60 if you will logger, $12 or $13, higher than normal risk idea but if you think would global economy will be a good place for you, there you go. connell: optimistic charles payne. dagen: sounds like an unappetizing diet. connell: have a great weekend. dagen: you can see charles and me together at 10:00 saturday morning on the fox news channel. connell: dagen mcdowell will be reading me the riot act as usual. dagen: we will definitely
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disagree. charlie gasparino. connell: he won't yell back. shaken, not stirred, many times. someone has done on half on how much the superspied drinks. dagen: there you go. battling back the flu. the latest from the cdc and new york's decision to acquire flu shots. that is right. winners today. the s&p. ♪ ♪ ♪
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connell: all right. coming up on the half-hour, and here is what we still have to come for you in this hour of "markets now".
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latest report for the cdc leaving some hope for a better floozies and coming as new york city school officials are requiring schools to muffler shops. and then somebody apparently did the math on the amount of booze that james bond consumes. my goodness. the numbers are staggering. we will tell you about that coming up in a few minutes. speaking of numbers, these important decisions in business and then life. the argument to not go with your gut. don't trust your instincts have updated the site. connell: the next load of the rings prequel comes out this week. a couple of stocks that she is watching that could benefit. >> reporter: that's right. standard related stocks, stocks related to the heart itself, bilbo wagons and the band of course will be on their next quest. here's a look at time warner, real entertainment, some of mark, all higher as dolby labs and imax are to the downside. why are we featuring these names?
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having this film this weekend. also imax is about to december said this year, showing imax 3d theaters. also, dolby sound is something we are watching. time warner itself, obviously part of this. a neutral rating on time warner. right now is at 6592. back to you. dagen: thank you. connell: the flu landed nearly 400,000 people in the hospital last year, the most since 2005, those numbers coming from the centers for disease control and prevention 56 so far this year health officials are saying this losing his starting off a little more like a normal. dr. debbie, and we are going to skip -- no. her last name. nyu school of medicine. connell: dr. debbie. dagen: to your residency in at harvard. >> thank you. thank you. dagen: the viejo system. so far. dagen: we say so far it is
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better than last season, but could it get worse? >> it is still important for people to get the flu vaccine. a lot of people think about the flu has kind of may be a bad cold, not necessarily as dangerous but might be more of an inconvenience. people still die of the flu. each year about 3,050,000 pending of the year.
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dagen: what about the reasons that people give for not getting it. d'agata 6-vaccine. their toxic. i might be allergic to some of the ingredients. year is over and over again. there are reasons people don't
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get the flu vaccine. >> what i hear most often is people think that there will get sick from the vaccine. two things to keep in mind. first of all, it is floozies in. people are more likely to get sick. it is possible that you could be developing something before you even get the vaccine and then it shows up or flourishes at the time that you get the injection. the second thing is the vaccine is not completely effective. it might not protect everybody from getting the homeless. the more people that get the vaccine, more likely it is that you're going to be safe. dagen: it is interesting. the father when you were talking about a moment ago, our general age range and health situation that are healthy and not that young and not that old, you could argue, the flu is not going to kill you. you brought up the other point that we are almost doing it out of concern for people we come in contact with. >> depending. it still could, but the thing is it is to protect the public or other people but also even if
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something does not tell you it can put you in the hospital. hospitalization is so expensive. the time of of work. all these things are issues that we should consider, but i don't want to say it won't kill someone. dagen: and the stand. dagen: lord knows what you will catch. dagen: in terms of the ingredients, people say, it's toxic. >> that is not true. the thing is, there are some ingredients. some people might be allergic to certain components. they usually give you an information sheet. he should read that carefully. but that is extremely rare. the more common reasons people think that it is toxic, that is not true and people think that they can get the flu from it. that generally is not true either. there are different types of vaccines. dagen: you will never get some people to get it. there is a pretty big slice of the population, they don't like meals and don't believe in it. they are concerned about them in the health impact of it.
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dagen: that is true, but we have collected the impact. 40 percent of people that last year and the same event 6 million cases, the predictions are that a 70 percent of people got it, that many more people got the vaccine that would save about 4 million more cases of the flu. it is a huge difference. for an individual person it might not look like that big of a difference, but for the public it really can have a huge impact dagen: it flows down to productivity. you know, business, the money. dagen: thank you, dr. debbie. dr. debbie. we are tied. the one name. connell: appreciated. it appears having his string shaken investor did not help. a new report that has been done by the medical journal. they found the secret agent averaged a staggering 92 drinks
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a week. c'mon. thirteen per day. the study further reveals that his fame is shaken, not stirred line was made due to persistent of all induced traverse. double the seven drink the most in you only live twice down into under and 26 tanks in the novel. his most daring feat came in casino royale wary consumed 39 drinks before he got in a high-speed car chase which we do not recommended all. connell: 13 today? connell: i don't know. that is the latest. dagen: and will have 13 drinks a year. connell: you are no secret agent. connell: may be something we did not want to talk about on tv. dagen: there is no photographic -- take that back. there are photographs. all right. do not go with your gut. we will hear while of your decisions should be left to the data that is out there. connell: we just did hear that.
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don't go with jargon again. again joel the store threatening the northwest judging from maryland to new england, we will give it to the weather coming as well. dagen: while you might be one of thousands stranded at the airport, we have some ideas to help you use your travel experience don't travel. that is our tap. we will be right back. ♪ this is the quicksilver cash back card from capital one. it's not the "fumbling around with rotating categories" card. it's not the etting blindsided by limits" card. it's the no-game-playing, no-earning-limit-having, deep-bomb-throwing, give-me-the-ball-and-i'll-take- it-to-the-house, cash back card. this is the quicksilver cash card from capital one. unlimited 1.5% cash back on every purchase, everywhere, every single day. so let me ask you... at's in your wallet?
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six. ♪ >> reporter: i'm adam shapiro with your fox business brief. the producer price index fell for a third straight month. prices slipped one-tenth of 1% from october. the so-called core index which factors out food and energy was up one-tenth of 1%. qualcomm, the world's largest maker of mobile phones ships has promoted steve mullen crossed its ceo zero to ceo. effective march 4th he has reportedly been mentioned as a potential replacement for mike results yellow steve ballmer. boeing says union leaders in washington have rejected a second contract offer to build the new triple 7x jet. machinists union leaders in the company withdrew its latest offer. boeing says the offer is still on the table and in union hands. boeing says it received bids from 21 states offering to build a new jet in their state. that is the latest from the fox business network, giving you the power to prosper. ♪
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♪ connell: talk about big data. an argument out there for removing the human element in the business world from decision making. at the data in algorithms make decisions for us. in other words, forget about your gut instinct. that the data did talking. basically devoting his life to this, a professor and associate director at the mit center for digital business. the book called a second machine age work progress, prosperity in the time of brilliance and technology. thank you for coming on. we appreciate it. what prompted us to ask you, moses reason casey rode up the date is saying the biggest challenge for those that are interested is convincing people laughed to trust their judgment. so we have more advanced data in just about every field. that is the way we air-conditioned. we have been told over and over, trust your gut. i guess it is not. >> we are absolutely taught to trust our judgment and intuition.
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i want to be clear, our judgment and intuition are real things, a pretty amazing and a lot of ways, but three things that we need to keep in mind. first, like you say, we a way to confidence in the. second, they have a lot of faults and bugs and glitches. the third is that it is surprisingly easy to do better than trusting your gut, trust your intuition. dagen: but difficult to get in the right mindset to do that. conditioning of the brain during a and what you have been told, i personally got interested in this and talking about this disports after reading money ball and going through it. applies to other areas of business. that said, we are going to have or try to do a few case studies and a few minutes that we have with you. we have a few specific examples of whether you trust your gut or the dated. i will start with one and i think might be close to your own heart, the boston red sox. greedy little was the manager of the boston red sox. you're seeing a picture from
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2003. a great pedro martinez incident, a will to talk his way into staying in the game. a great track record. and that is a decision where he had to say commission such as my get or is there data that would make mimic a better decision. picking up from there. >> first of all, breaking my heart of the team and not 13 worlds in been shipped since then. you bring up this very painful incident or a manager left a pitcher in the baseball game after a visit to the mound, and the game probably went the wrong direction. if you have been objectively looking at the number of pitches that pedro had thrown or how his velocity had dropped off or how deep we were in the game and what the situation was, the call would be relatively easy one. what happened instead was little enough, to many ink to some conclusion that he still had some gas in the tank. it is a very common failure mode very confident in our ability to let somebody in the right and judge them and judge what is going on. if you ask a room full of people to raise their hands, if they
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think they are an above average judge of character, almost everybody will raise their hand, and it cannot be right. connell: of course it can't. the gas in the tank is a cliche which i now use almost dismissively. that is just not true. the velocity. everyone hits on pitch count. too much, some say. but he is not throwing as well as he was. that is the first one. the second one, think, is kind of interesting. i have seen the u.s. said that ibm, the famous computer what some would make a good computer. you were just talking of medicine. easy the doctor. in the knees. washington redskins quarterback. he does not look great this year. the doctor cleared into play. what if your favorite doctor was the team physician. you think he even plays this year and a? >> human doctors do astonishingly good job of listening to my symptoms and
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looking in my lab results in my tests, matching that against their medical training and experience in commute with the diagnosis. i'm employed by how good they are. but by one estimate, just to keep up with new medical knowledge, the average doctor would have to read about 160 hours of literature week. we cannot do it. in addition to which the doctor is going to be affected by what is going on in her life, the time of day, whether or not she is in the mail recently. our judgment is very inconsistent the way. what i am hoping for is that watson, the jeopardy champion supercomputer will go to med school. that is already happening. i cannot wait for what some to be my primary care physician. it is going to be the best diagnostician in the world. connell: the final thing, some people they say that judgment is going to have to always be a part of life. with that in mind, do we -- we pick our political leaders. americans is not be allowed to vote? is there an algorithm that could come up with a congress that makes sense our president to could do a better job with that
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kind of thing? and is a judgment call that all this overrating make. >> but i like being part of a human democracy. qaeda wanted to and that decision over to any coldblooded of rhythm is i don't know what criteria it would use to pick a president. their i do have faith in our collective abilities. by your example is interesting. when you look back at the 2012 race and you looked all of the political alleged experts who were predicting the race in handicapping it, they were all beaten by a bunch of geeks who look to computers all throughout the election season and made perfect predictions about what was going to happen. connell: yes. much better at doing it than the old school abundance. thank you very much. i hope you come back some time and talk to us about these kind of issues again. this was great. >> thank you for having me. dagen: speaking of computers and technology, these models showing snow are completely wrong. connell: just wrong.
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connell: know, yet. >> i hope that i am wrong because areas across the northeast will peccable of snowfall, especially across parts of connecticut. they could see about 6 inches of snow in some areas. especially as we head farther away from the coast. let's show you the time line. right now we have an area of low pressure premeds developing an intensifying slowly throughout the day, but it will be moving quickly once it does do so. today it is across parts of arkansas and will be starting to print -- reduce -- produce precipitation today. missouri and illinois which will continue into the overnight hours even into saturday. expect to continue to seize no piling up. end the storm will continue moving eastward. by later in the day saturday, early afternoon, late morning hours we will see widespread snowfall across portions of the northeast, including right here in new york city. the storm is going to continue
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moving northward and producing even more snow. a coastal area will be a tricky forecast. you could actually have some rain. this note transition's over the rainfall during the overnight hours. that could really limit the snowfall amounts. otherwise we do have winter storm watches and warnings. right now upgraded across parts of pennsylvania. this is a look as some of the totals expected. look like for new york city we are on the lower end of this, maybe about 4 inches. no watches issue yet. connell: that is the data. there you go. >> conn., a liar. connell: is but pointed out that the most accurate predictors of their meteorologist, which always surprises people, not political pundits. connell: they get a bad rap. they are not always wrong, actually. they're usually right.
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dagen: our predictions of the hurricanes in the path of americans and the warnings. and there you go. name every weather. connell: we talked to maria about all of the weather and whatever else. people love probably even more stressed out about traveling finales. dagen: you have to go and deal with family members who you really despise. and we will give you some tips on how to keep your smile while you are traveling. ♪ dagen: drugs.♪ no. ♪ [ engine revs ] ♪ ♪ [ male announcer ] the mercedes-benz winter event s back, with the perfe vehicle that's just right for you, no matter which list you're on [ santa ] ho, ho, ho, ho! [ male announcer ] get the all-new 2014 cla250 starting at just $29,900.
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♪ dagen: whether is just one major obstacle that you have to deal with wind traveling over the holidays. estimated 44 million people will take to the skies in the coming few weeks. that is up from last year. my next guest has some ideas on
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how to make it easier. senior editor at travel soon, joining us from santa barbara, california. not allowed to sit on travel, but that is actually our best option. >> now looking for to it. dagen: i am not. if i go anywhere will be in the car and drive because that way you can leave. if you're flying, what are your options if you are flying in the next few weeks and now facing the kind of weather we're going to get overly can't? >> well, the silver lining with the storm's a we are seeing, this coming weekend, last couple of storms, the silver lining is that they rolled through some popular in busy areas like the south in the northeast during a rather non busy time of the year. reseal all. so that actually has helped as far as revoking people. will lead to the holiday season we are looking obviously at about a million more people flying over last year.
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so the middle seats will be open. we will be tough to get rebought if your flight does get canceled. so you may want to consider travel insurance if you're traveling of the next several weeks. that is about an extra nighter 10% over your air fare cost. it is another $10 so. does cover some extra costs that might be incurred by weather delays or cancellations. otherwise just being very proactive. get they're early. you want to starts cutting your seat as early as possible. pack as much patience as possible. dagen: back as much patience. if only we could buy extra patients like we could buy travel insurance. also, you -- people need to get very familiar with the cap, like the mobile apps. isn't that one way at least that you could deal with the stress if your plane is seriously delayed or your flight is canceled? >> yes. and part of the trick is during the holiday season we see a lot
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of extra and less savvy fliers. people have already learned how the streamline the process. a lot of people have not traveled in the you're more. even if you are not tech savvy, it is an idea to get familiar with some of the applications. it lists delays. airline ads are a great tool is oftentimes things like tte changes, flight delays, cancellations, you hear about them on your iphone love for you hear the announcement at the gate. you want to be armed with the airline 800 number, twitter, facebook, of the social media outlets are pretty effective in getting these airlines to do a lot of what is happening on the ground. it is a way for airlines to find out before information even trickles in behind-the-scenes. dagen: thank you. that was a great idea. rated buys for everyone traveling. we will see you soon.
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dagen: talking about flying. the cost is going up. we will talk more about that coming up all thanks to congress and its new budget deal. dagen: if you like taxes, get used to it. buying american, one company trying to make it easier to find gifts made in the battle the u.s. of a. coming up in the next hour of "markets now." ♪ my customers can shop around-- 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,
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treatment options and estimates for how much i'll pay. that helps me, and my guys, make better decisions. i don't like guesses with my business, and definitely not with our health. innovations that work for you. that's health in numbers. unitedhealthcare.
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tdd#: 1-888-2-2134 and only $8.95 a trade. tdd#: 1-888-852-2134 open an account and earn 300 commission-free online trades. tdd#: 1-888-852-2134 call 1-888-852-2134 to learn more. tdd#: 1-888-852-2134 so you can take charge tdd#: 1-888-852-2134 of your trading. >> these fees are not going up. thereat going up in order to a make us safer. they're going of so that we can use that money elsewhere in government to support washington's habit of constantly increasing the amount of money and spends. dagen: washington wants to spend more. onion to take you through the next hour of "markets now." lost in the details of that bipartisan budget deal, a revenue boost from the new fee tacked on to airline tickets.
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new stats from netflix on america's addictive viewing habits. all this and more in the next hour. "markets now." ♪ dennis: i like the bins story because you have been binging on homeland. cheryl: yeah. dennis: i don't understand that. cheryl: several shows. i am just glad that they are now willing to acknowledge. my concern was netflix would start doing individual releases. you and i talked about that. dennis: and also, it would hurt netflix earnings. cheryl: the dow up by 19 points on this friday. stocks every 15 minutes. nicole petallides on the floor of the new york stock exchange. all right. here we are on this friday, still below 16,000. and as market, nonetheless. >> reporter: about 20 points. the move of one-tenth of 1%.
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this week, you mentioned, we were under some pressure. health care, utilities, some of the biggest losers of the week. the worst performing stock. right now the s&p 500 is up fractionally. the nasdaq composite above the 4,000 level. two points at the moment. tom tebow, coca-cola, johnson and johnson, some of the best performers on the thousands industrial average. on the downside to the intel, cisco, microsoft. some technicians coming under pressure. we continue to look to washington. we got through some of the rules pertaining to the budget deal as well as next week. we will look ahead. so we have a lot of wild cards. but the fear index right now taking it for a breather. over the weekend. that is the fast for from the days i used to stay home and be excited that there was an i love lucy marathon.
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now this is the wave of the future. back to you. dennis: you have never watched in i love lucy marathon. >> i so what. dennis: liar. the likelihood of a fed tapir next week is rising on that budget accord in d.c. former fed chair donald palin that says it is as 60 percent chance. the latest retail sales and jobs numbers. the job will talk to us about that. cambria investment management joining me with they're take. when will the fed tapir and do you care? >> i don't care and nothing is baked into the market. i think the reality is that the fed tapir will not occur until probably 2015. of talking about a real tapir, not two or 3 billion a month. dennis: 2015. okay. do you take the other side of that? >> no, i echo exactly what john said. i think it is fairly big tent. if you see yields move about is a positive thing for the equimark, especially for reits and banks. the bond yield has moved up pretty quick.
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no think there's a lot that you will see, bonds coming down in the next three to six months. cheryl: both of you guys a team of wall street is betting more and more at the taper could come next week or right after. so 2015. is it because you think that the economy is so bad? >> the economy is weaker than people think. the fed will not raise until we see that gdp flair. dennis: where is it now? >> it is about one floor. dennis: and for the people who don't know. >> said gdp adjusted for inflation. dennis: some fancy math. is it because the economy is so weak? >> actually, i don't know. it does not impact really what we are doing other way. if you look around the market resume we aren't, great trends in the stock market. the economy seems to be doing well, but valuations are expensive. it is the second best kind of quandary that you can be in. the problem comes when veterans changes to-and you have
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expensive markets with a negative trend. that is the worst place you can be. cheryl: an expensive market, although i don't think it is that expensive. it is rising. >> you know, last time i was on the show in april i said we are going to embark on a pretty big bull market. i think that that is definitely intact. a greek. the problem is to meet as come too far too fast. 2014 for the stock market is flat and we are probably in for a pretty good correction. the opportunity is in the bond market. 172 billion outflow the last five or six months. just indiscriminate selling. dennis: 127 billion pulled out of bonds. as a place to go to send money and because their lower-priced. >> i do. closing bond funds, down 10%. they're paying 8%. they're going to go forward. make 18%, take 80 percent less risk than the stock market. the stock market, everyone has been selling the bonds, buying
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stocks. it is overdone. we're opportunistic. we like to go where people don't. dennis: your view on bonds? >> again, i agree with what was just said. moving out of stocks, but moving out of u.s. stocks, we track 50 markets. the u.s. is the most expensive one that we track inequities, but we are a huge global bull in most of the rest of the world. the rest of the world is really cheap. dennis: why you think stocks are expensive and the u.s. to back up until the 2008 miltown, for 20 or 30 years i think the earnings -- that he was 21 or 20. aren't we lower on the s&p 500 right now? >> well, we look at ten year peak. it is important to have a longer time horizon. when you look at the average around 16 and have collier at 25. it is not a bubble. it is not terrible war terrific. does not mean we will crash, but returns will be needed to be the
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single most expensive country in the entire world. greece, a lot of europe and single-digit levels. a much better opportunity to be informed. dennis: stocks of to be cheaper. this is america. much better shape in greece, i pray. the dow down 16,000 by year-end. but down 16,000. do we go up or down in a correction? where do we go by the time you see a real correction? >> we are going to that 200 day moving averages. that is about seven to 10%. and we are off to the races. dennis: until think we go into correction until the 175,018,000. billion. what do you say? >> as long as the trend is positive obelisk, but we are allocating much more to the stronger foreign market right now. u.s. valuation, especially cautious about high dividend yield and especially small caps, one of the highest volume wishes they have been a long time. dennis: it has about eventually.
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thank you very much. >> thanks. cheryl: you do have a lot of bets out there. you are in trouble actually. >> i would like to get in on that. cheryl: youtube? pilot. making a bad right now. we can do a segment. dennis: all bet you right now. >> i am saying dinner. whenever you want. your choice. dennis: ron. cheryl: of causing trouble. holiday sales expected to grow nearly 4% this year from last year, but how much of what we're buying is made in america? joining me now, the ceo of keep america, a site aimed at making american made products easier to find. we don't make anything in this country anymore because it's cheaper to make overseas. >> that is a misconception. i agree with you for the majority of the product out there. we talk about longevity, the ad and lasting, the safety, the quality. collapsing cribs, changing -- tainted baby formula. it is worth paying $2 more.
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a recent study where i was shocked to see, happily shocked that americans were willing to spend 60 percent more on products made in the usa. cheryl: you know, they say that in a poll, and when they get to the store and they have a credit card in their hand they say, wait a minute. i need a good deal. we are seeing now with retail members. black friday was disappointing. >> it was. my site drew 80 percent since last year. the demand has been amazing. the response of social media and other networks that do we do have been fantastic. people are realizing, the formula from not only buying from china borrowing from china, paying back interest to china, buying their products, what we just put the money there. and finally realizing this poisonous pattern is not working. and then we have -- cheryl: i and the stand and i am with you. if we make more things in this country we have more jobs in
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this country. setting an 7 percent unemployment. >> at least. cheryl: the unemployment extension going away, it is not good news. let me ask you this, what is the main thing the people of buying, the most popular press. >> reporter: >> the average price point on our side is about $48. cheryl: the most popular item. >> jewelry is very popular. >> good to here. >> some exciting products. cheryl: the diamond accident and platinum over sterling silver floating heart pendant. i sound like a sales commercial. >> 50%. sixty-four always on our site. all of our vendors have really been to over backwards to reduce prices to compete. cheryl: pledges want to let our viewers know what we are talking about. that is to loan. i mean, the prices are reasonable. do you think that is part of the
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reason you're getting a response? >> i think it is that. we give back to veterans and military costs as well which makes everyone feel good. they deserve more than anyone else in this country, believe. so there is a shocking stat and military veterans 25 and under have 30% of employment. who better to get back in our workforce, reliable, hard-working, they're obviously not lazy. cheryl: do you connect with your manufacturers? are you hiring veterans? , the wages comparable? do you get that involved? >> yes. on a daily basis. we have many of our veteran known and operated. one company that strictly only hires veterans, people with disabilities as well a state of new jersey keeping it is country is more than just throwing the economy. creating jobs across the board does wonders for us. cheryl: i am with you. i am with you. i am glad to hear the sales are
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higher. all right. dennis: the top-10 list of crime, identity theft is rising. a report from the bureau of justice statistics revealing the identity theft cost americans $204 billion in 2012. is 10 billion more in household ratings, carjacking, property theft combined. no, the b.j. has found 85 percent of the incidents involve people's existing accounts rather than using named to open new ones. 50 percent of victims lost $100 or more is largely went to the credit card company. cheryl: and they get old american way to wealth is alive and well. inherit your money. the average american express to lead $177,000 per arab. it sounds great, but it is not the best of a global scale. the most generous parents are in australia with inheritances averaging over 500 doesn't. singapore coming in at 371,000. the u.s. coming in sixth overall.
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denniseresting to know what the estate taxes country by country. cheryl: we have a heartwarming tale that will get a lot of buzz and fuel demand for computer primer around the world. will becoming apparent. dennis: the new bill will feature in your e-mail is drying privacy concerns. details coming up. meanwhile, let's look at energy prices. ♪ hi honey, did you get e toaster cozy?
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♪ cheryl: again with the dow up 50 points. want to show you a stock that has a lot of news coming in. this is someone you want to watch. boeing. the ticker, 13355. a lot of issues going on in washington with boeing. the machinists, a huge labor dispute. it cannot agree on his last contract.
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it cannot make statements that are making sense to the media right now. this is all coming down this morning. the company withdrew another contract offer today with union leaders telling knowing that they are basically at a standstill. all of this is important to the triple 7x. boeing wants to manufacture that in washington state, but now they're going to other states. they are kind of playing the sales a little bit. you want to watch boeing. let's bring in nicole petallides from the floor of the new york stock exchange. what are you watching right now? >> reporter: when you hear buybacks and dividends, that all sounds like good news for shareholders. a couple of companies with exactly that. the start of the big one. general electric. dow component he just got up pop in the last half-hour. it is up about one-quarter of 1%. 2661 is the level. set in the quarterly dividend. now is going to be increased. the board approved a 16% increase in the dividend.
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then there is honeywell was just completed a $3 billion buyback program and has now set a new $5 billion buyback program. that too has gotten a significant pop. right now but 8686. cheryl: thank you, nicole. appreciate it. dennis: quietly rolling a news service. images imbedded within in the molecular of your picture will now be automatically downloaded as a that you have an eclectic display image below. the catch is the will servers will contact the company has said the milk to love the picture. fears that those companies will then be able to detect that message and know when you're reading an e-mail which does not really bother me at all. but they say they have taken steps to protect the users. down $5 or half a percent. 51 percent this year. i love that. cheryl: i remember when it went public in saying on the air that i thought it was overpriced. oops. airlines continue to go sky high
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you can think d.c., while those on the hill are causing trouble in the air. dennis: from secret agents alcoholic. when a new study suggests double a seventh like to the sauce a little too much. first, here is how the world currencies are fearing it is the u.s. dollar. ♪ as a business owner, i'm constantly putting out fires. so i deserve a small business credit card with amazing rewards. with the spark cascard from capital one, i get 2% cash back on ery purchase, every day. i break my back around here. finally soone's recognizing me with unlimited rewards! meetings start at 11, cindy.
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♪ >> reporter: just about 22 minutes past the hour. an arthel neville which are fox news minute. startling new details about the fate sign language interpreter at nelson mandela's memorial. a south african news site reporting the man has faced charges of murder, rape, kidnapping, among a slew of other very serious crimes. enca saying the outcome of the murder charges unknown. but the interpreter was positioned directly behind president obama during his speech of the service. an austrian government executing leader kim jong on uncle as a trader for all ages. he long believed to have been his nephews number two. now many left to question what is next for the unstable nation.
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the state department says it is closely following the situation. and it a massive winter storm is blanketing the middle east. nearly 3 feet of snow is shutting down roads in jerusalem . has even made its way to egypt, cairo reporting its first snowfall in over 100 years. those are your news headlines. we will be back out to dennis and cheryl. ♪ dennis: time to make a little money with charles. he is here to renew a pretty penny with a specialty retailer. all tough. >> reporter: you don't know about it, but i know all about it. cheryl: i know all about it. >> chino i discovered it for myself, i drove by one, and i was shocked. you go by sally's beauty and then all to enjoy like, what is going on. it is amazing. a jump on the stock in 2009. i wish i bought it and never sold it. it just got hammered recently.
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i mean, really hammered. under $30 per share but a month ago. the numbers were amazing. gross margins were record. same-store sales up almost 7%. the guidance was a little bad, and inventory scared wall street, but what we're seeing is not just fall to, but great companies with amazing stock runs miss by a penny and did absolutely crushed. i am making a list. we have not officially pulled the trigger yet, but i like this one. they opened 55 stores last quarter, the fastest pace in the company's history, and they're doing phenomenal. dennis: so to get lessons. and you guys are out driving around, keep your eyes open. the second thing is when wall street overreacts to a tiny ms. investors ought to pay attention. dennis: that is when opportunities are created. the beer example would be march of 2009. cheryl: company's pacific to alta, the reason i think it is so successful.
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the giant retail space. you walking, one thing, you walk go with 20 things because of the store layout. i am not a big -- >> different products, 500 brands, full-service salon, nails, hair extensions, anything you need. dennis: where are they versus a four? cheryl: it is bigger. these are like best buy. think of a best buy for makeup. think of the best buy. >> it is an absolutely amazing thing. i first recommended get $15 resold it 18. i am embarrassed to tell you that. that was in 2009. dennis: it has fallen to 80. >> well, a few times since then, but i would have -- if i would have bought it in a lot to it. there are more of these. i reread 90 percent of the stocks i ever told people to sell. dennis: that is a very good
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lesson. thank you very much. cheryl: well, thanks to the bipartisan budget deal, it will cost assaulted and modified. coming up, investors doubt, be here to tell us exactly what you are paying and why. cheryl: new data. spoiler large, we like to binge. meanwhile, let's look to some of the day's winners and losers over on the s&p. ♪ [kevin] paul and i have been friends...
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[paul] well...forever. [kevin] he's the one person who loves pizza more than i do. aul] we're obsessed. [kevin] we decided to make our obsession our livelihood. [kevin] business was really good. [kevin] then our sauce supplier told me: "you got to get quickbooks." [kevin]quickbooks manages money, tracks sales and expenses. [paul] we even use it to accept credit cards. [paul] somebody buys a pie with a credit card, boom, all the accounts update. [paul] when we started hiring,we turned on payroll. [kevin] it's like our pizza.you add the toppings you want, leave off the ones you don't. [kevin] now business is in really great shape. [announcer] start using intuit quickbooks for free at quickbooks-dot-com. to fly getting more expensive. and offer made to one new york
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homeless man that as the world, king and the northeast is bracing for the biggest snowstorm of the year. stocks every 15 minutes, we are a of schedule. nicole: maybe you heard cheer. let's talk about some movers we are watching closely. in the drug realm we're watching bristol-myers announced they are collaborating on the diabetes drug. fiat fda advisers giving a nod. the bad news is medical insurers and these companies can't decide on a price for this drug so they are pulling it off of the market. it is the story i am sure that we will continue to fall. testers and a good beating bristol-myers to the downside. lulu lemon give this forecast that talked about the fact they were worried about traffic that slowed because of the quality-control issues with their products and bought a reputation with her to a certain extent and product back on the
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shelves for sale. to a new low for lulu lemon. twitter on the other hand a new high. if you are hot on twitter jumping this month, up dr pepper getting a nice guy rating. and a $55 target. gerri: passengers fees going up, the round-trip tickets that could double rising $5 currently to $11.20. tell me, this is frustrating for the consumer, but in d.c. this will bring in $12 billion to the budget and we need the cash. where do you stand on this? >> i am one of those folks trying to figure out what psa
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does. when it looks at protection in the airports, the mass and other things, even when they collect extra $5, let's think about it. $5. they are still only going to cover their payroll by 50%. and again, someone needs to pick up the difference or the rest of america will pick up the percentage so it is fair maybe, when we sit back here, we use the airlines screaming government can't do this, all we have to do is go back and look at 2008 when there was no baggage the and introduce the $25 fee, now we check two bags, $120 round trip, you want to make a change to your airplane ticket, it is 200, used to be free. a round of the world, london one of the highest. today it costs $199 above the
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price of the fuel surcharge and your ticket to get into london. we got to bring it -- cheryl: they are making money. we can sit here on national television and screen all day but the fact is airlines are more profitable for an ever. we had a huge merger between american airlines and usair ways and is not going to stop. for the investors they're loving this and if airlines can't the government is in and if these guys can't get away with these fees the air fares would come down and they are not especially right now. blockbuster airfare is being charged for the holiday season. >> for the holidays for sure. try december '44 -- come back on the first of january you will find that much cheaper than weekend travel, you are looking at the government out there, we
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used to charge 10% on every airplane ticket, down to 7.5. that was a big jump but that was downward and airlines were happy with this. the airline seems to always be upset when the government goes after their money and we are only talking $5 but when they hike any of their fees i promise you the air fares today when they were last year are higher and that is okay and the cost of fuel has been pretty level, we haven't seen that many new airplanes added to the system but the traveling public, $5 is not going to deter anyone from traveling. airlines are running full loads, southwest airlines which used to love a 72 or 73% of their seats filled are running in the 80s and the 1 nt 2% load factors and give us free bags. they seem to be a happy number. all the airlines are going to
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report profits and again with all these fees and everything the airlines charge, most of them wouldn't even make money. so the fees the airlines charge puts them over the top. and incremental fees collected from the airlines this year. cheryl: we got a global industry forecast for airlines. before i let you go, you are on the ground in dallas. we have the merger of american and u.s. airways and i am curious what this means in southwest airlines and the right amendment expiring next year as well. what do you make of the deal. >> i am a happy camper. i know southwest will be able to fly anywhere. anywhere in 48 states or anywhere in the 50 states if they want to.
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and go to san juan and destinations like that, they won't fly nonstop to mexico. southwest starts adding nonstop to l a and chicago and las vegas, orlando and new york, we will start seeing a good battle and sort of keep the air fares in leveling check between both of those airlines fighting for space in dallas-fort worth. cheryl: might be a good thing. before i let you go, next time you are on the show, kenya come back next time? >> if it is under 50 degrees in dallas-fort worth, let me tell you, this is a obama shirt. cheryl: i feel better, thanks. good to see you as always. have a good holiday. dennis: binge nation, new numbers from netflix show how addictive americans have become to watching tv shows when they
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want and all at once. half of viewers watching the 10 most popular shows on netflix via an entire season in just one week. that could be assad episodes and netflix out with new numbers, wall street journal's look that viewing habits of ten popular shows and 01 and named 13 episode drama half of yours watch the entire series in a single week. 25% watched in two days. a 22 episode, eddie, almost half watch the whole thing in a week and 16% watched the series in its entirety in a weekend. it could hurt netflix jennings. streamers, billions of dollars on content, doesn't deduct that from earnings until later because the shows have this long shelf life banalize is shorter. this might be a way to get --
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gerri: the chance to lend to code or $1 million. one homeless man took the offer to code and changed his life. dennis: from cairo to new york winter wonderland. the northeast needs to prepare for the biggest storm of the season this weekend. great for shopping. [ male announcer ] what if a small company became big business overnight? ♪ like, really big... then expanded? ♪ or their new product tanked? ♪ or not? what if they embrace new technology instead? ♪
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imagine a company's future with the future of trading. company profile. a research tool on thinkorswim. from td ameritrade. a research tool on thinkorswim. but with less energy, moodiness, and a low sex drive,y first. i saw my doctor. a blood test showed it was low testosterone, not age. we talked about axiron. the only underarm low t treatment that can restore t levels to rmal in about 2 weeks in most men. axiron is not for use in women or anyone younger than8 or men with prostate or breast caer. and childrenhould avoidwho are contact where axiron is applied as unexpected signs of puber in children or changes in body hair or increased acne in women may occur. report these symptoms to your doctor. tell your doctor about all medical conditions and medication serious side effects could include increased risk decreased sperm count; ankle, feet or body swelling; enlarged or painful breasts; problems breathing while eeping; and blood clots in the legs. common side effects include skin redss or irritation
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where applied, increased red blood cell count, headache, diarrhea, vomiting and increase in psa. ask your doctor about axiron. ashley: ashley webster with your fox business brief. arctic communications preparing a cash and stock offer for time warner cable of $135 a share, possibly as early as next week. time warner is the second-largest u.s. company, fourth largest cable provider. coca-cola announcing a structural change, and latin america business news the international division and the north american business to two operating units in north america and coca-cola refreshments. the producer price index falling for a third straight month,
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prices slipping 0.one% from october to -- up 0.1%. that is the latest on the fox business network giving you the power to prosper.
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dennis: given that a fish or teach a man to fish, one of the best feel-good stories of the year young software programmer offered a homeless man a choice. i will give me $100, teach you to write computer code and to his credit the homeless man took the computer lesson and a few months later has released a couple air when called trees for cars. joining us is dan ryan, marketing jell-o, the guy who brought this story to the world. what has happened since your story? >> some pretty amazing things. the story went viral on twitter and started spreading, got a message from someone saying we
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work with microsoft, this guy developed his apps for apple and google, we would like to get and ipod too and someone else said i want to hire this guy, put him to work writing code. i don't know where that stands now, but being told good things are about to happen and the apps is selling like crazy. it is only $1. people are buying the apps to support this guy. we admire what you did. dennis: what a product at the tie-in to feeling good about buying it, there's an extra up side. what does it let me do? >> it is a ride sharing aaron. i want to commute into the city today. don't want to drive. who else? i am sitting on this corner. can we share a ride in? another person, a marketer said to me this has great application, college campuses, kids who want to share a ride
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home at holiday time. there are people now coming forward to help this guy figure out how and to develop and how to market it. it is incredible. there are tens of thousands following his story on facebook and somebody sent him out a code, head phones, it is a movement of people. the more amazing thing is others like this kid who helped leo grant in new york. others say i want to do this, i will donate two months of my time and help a guy learn the code and google is getting involved, saying we will help too. there's a movement afoot to encourage people to give basic instruction in programming, fantastic. ashley: this kid did not come from a government program, training grant, came from a program around a york city, spotted a homeless guy and
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reached out to him. >> the skepticism he met with, he just graduated, moved to new york, has his first job out of college, he sees these homeless guys and wrote an essay saying i have this idea, offer somebody $100 or less. he said he was naive, you solve homelessness, in that with a huge amount of derision and skepticism but he did it and that one person taking that step, the other guy, the homeless guy, those two to get this started this movement, this can work. it won't solve poverty in but it is an amazing story and a step in the right direction. dennis: it can change one life, changing one life is an amazing
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thing. the programmer who made the offer, and lost out, the first guy he picked took him up on the coating lesson? >> the first guy he'd picked but he had some conversations, didn't want to throw the money away. he talked to people and talking to this guy, leo had a job, got laid off in 2011, and lost his apartment, but leo seemed like a good guy and a smart guy and honest ernest dye which he is. this was the first guy he made the offer to, not a total random walk up clean, talked to him a bit. dennis: the outcome was even better than the store with the one cop in new york, gave shoes to a guy who walked in barefoot, keep telling it as many places as you can. cheryl: speaking the new york
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city, maybe he needed some shoes but the northeast is bracing for what could be the biggest storm of the season, let's talk about that. what do we know? >> those shoes that go through that slush, by the time it is done we will see that in new york city. there has been a lot of snow last couple days. look at those two snow bands. some areas, one area, 58 inches of snow from that lake effect snow, what we are about to talk about is not the same storm. that is the storm down here, not one of the biggest of the season, unless we have any more winter storms. this is what happens over time. a snowstorm from st. louis through chicago, indianapolis across the ohio valley. by saturday we're seeing snow across the northeast but take a look at that, the rain gets close and we will see it start as snow in new york city and end as rain, melted that snow and
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make for slushy mess and then it is all the way out of here, a quick moving storm that will keep the snow fall tolls down for everybody. winter storm watches and warnings in effect. the snow from missouri through the northeast, snowfall totals are not going to be all that extreme at least along the big city, chicago on the edge of it, seem less one to 3 inches, parts of indiana seeing 6 inches of snow and going t i-95 cord or frondizi through philadelphia, new york towards boston not looking bed. with some areas 3 to 6 inches of snow, interior sections all the ski areas, and the good part is weekend. a lot of people on saturday before christmas, a nice weekend from many. cheryl: the timing is good. 5 days ago this was a
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nor'easter. i have to check with you every day. >> technically is still a nor'easter but not a big powerhouse nor'easter. cheryl: thank you. dennis: despite this winter weather threat, natural gas taking a breather after surging to a two year high, trading pits of the cme, phil flynn. jeff: wrote:it gets hotter it gets, we're pulling back but not much considering all the energy and down a little bit today. crude down, gasoline down. the reason for natural gas ascendency is pretty obvious to people outside. it is cold and we use a lot more but it is not just short-term demand getting a lot of play. x m noble, the united states's biggest producer of natural gas says over the next 20 years the demand for natural gas will go up 65%. when will that replace cold? natural gas is a lot cleaner.
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the other thing, in a natural gas to last 200 years we will cover it. dennis: thank you. cheryl: time for west coast minute. amazon working on a new business models that will compete with costco and sam's club called pantry and would target amazon prime users who may wish to buy a toy that the or cleaning products in bulk. amazon is not confirming this report but look at the stock, up $5, a big piece of this is the report coming out today. organs new health insurance exchange getting horrible reviews with some saying it is a complete failure. the first week to months of the program only 444 people signed up, the fewest of any state. users are having trouble enrolling in plans to to technical difficulties of paper application that being used until bigger fix is made. or a gun was an early and enthusiastic supporter of obamacare. in california this is what 27-year-old joseph says he caught when he went for a dive.
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and eating parrot lobster. he wrestled it to the surface. replant to serve it to his girlfriend for dinner because that is what you should do and that is your west coast and in. dennis: what will he do with the other 17 pounds of it? i would have been terrified to grab that thing. shaking? stirred and drunk. research shows the world's greatest secret agent like the bottle too much.
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cheryl: it appears having a
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drink shaken and not scared did not help james bond with his drinking problem. a new report analyzed 14 bond novels and found a secret agent advertise 92 drinks per week. just over 13. thirteen drinks per day. is revealed his famous shaken and not stern line was made due to alcohol induced tremors. he drank the most in you only live twice, down 226 drinks in that novel but is most staggering feat in casino boyle, 39 drinks before getting into a high-speed car chase. dennis: so great. the guy who did that journal, drinking the entire time. having a drink, why don't i join? cheryl: waiting for a doctor and a stuffy german waiting room.
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dennis: and now for something completely different. chris cheryl: the creator of dr. and demand, a video chat diagnosing service. dennis: twitter users revolt, social network caves. i will join adam and lori on the back lashed over a blocking feature or the lack of it. cheryl: some thieves steal dollars, others still chocolate. the $120,000 hershey heist and the 911 call you have to hear. every day we're working to be an even better company -
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and to keep our commitments. and we've made a big commitment to america. bp supports nearly 250,000 jobs here. through all of our energy operations, we invest more in the u.s. than any other place in the world. in fact, we've invested over $55 billion here in the last five years - making bp america's largest energy investor. our commitment has never been stronger. yep. got all the cozies.
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but still on track for their second losing we can narrow as investors look to next week's critical reserve meeting. lori: tear the roof of the taper. adam: and service connecting patients and physicians. lori: without the sci-fi movie. lori: the entire field of view. lori: dropping her first visual album. how are things down on the floor of the new york stock exchange.

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