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tv   Markets Now  FOX Business  January 3, 2014 1:00pm-3:01pm EST

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industry since the recession, taught four u.s. automakers reporting dismal december sales. lori: most start-ups are focusing on protecting e-mail, let's talk to the creator of an apps that is designed anonymous self-destruct in phone numbers like the one i gave you. ashley: they went up in smoke. green bay in indianapolis has done it, avoiding a blackout, but they are all cheering meaning cincinnati is the lone playoff city that needs to sell tickets before the 4:00 p.m. eastern deadline today. nfl insider on the league's battle, looks like cincinnati. lori: lets an update. earlier gains still higher. to the floor of the stock exchange nicole petallides,
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happy new year. nicole: happy new year. to folks at home kicking it off. yesterday the first trading day of the year not a great one. good if you want the markets to go down and give you are a blow yesterday were disappointed when it dropped 147 points the day mixed bag, the dow gaining 122 points of its earlier highs when it was up 70 points, the nasdaq index in the downside and seeing the s&p just fractionally lower, not even one point sellers shows the unchanged line. we do a lot of year end stuff and looking at the first trading day of the year but here is a look at the one week chart, the s&p and the dow, sundown arrows and the like and the names weighing on the dow jones industrials, verizon, microsoft, coca-cola, intel coming under pressure today. ashley: oil prices falling sharply to fresh one month lows below $95 a barrel even as
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today's weekly inventory report showed crude supplies at the lowest level in three months. fox business contributor phil flynn of price futures group in the trading pits of the cme and happy friday to you, energy balls can't catch a break. >> it wasn't about inventory this week. was really about production. that really blew away everybody's expectations. u.s. oil production today hit the highest level in over 25 years and traders that follows the market, they know the last inventory report of the year reflects last year, is going to be the last point in inventory for months to come. there's a lot of drawing down of inventories as you get to the end of the year, producing a lot of oil and not a lot of incentive for these guys to produce oil at the end of the year. that is why traders are going through that. the editing was a big building
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distilling inventory so products actually rose twice as much down. good news coming out of europe, in libya supplies are supposed to come back on line. the rebels are going to allow oil fields to start producing again and we also have a pipeline that was down in iraq that went back on line. in the north sea more production coming on line so the brent crude market looks better and in the u.s. we never looked better at this time of year. ashley: gasoline down big today as well. >> down another $0.03. i am getting really excited. we were talking about a new era of lower gasoline prices for a long time. when it seems every time something happens and keep those prices up this is the beginning of a long term, we will see some volatility in the gasoline market but look at the refinery ones producing gasoline like it is going out of style, producing more gasoline, more diesel fuel,
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exporting more of those products that bodes well for the consumer and people complain about gas prices, it will get better in the new year. ashley: very good. you are excited. we are always excited when you are on with us, phil flynn of price futures group, so much energy. lori: what else excites me? the stock alert, shares spiking on news the company acquired cybersecurity rival for $1 billion. the deal will unite the cloud base system, and foreign 6 services. generous valuation and the computer security business, it went public late last year, has achieved a market valuation of $5 billion in. ashley: the machinists union which represents 32,000 boeing employees is scheduled to vote for a second time on the contract that would keep the
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project in washington state. the union would concede pension and health care benefits in order to secure assembly. boeing is the biggest private employer in washington state providing 82,000 jobs. cheryl: 2014 could be a bumpy ride and my next guest says last year's gains could be in their rearview mirror. where should you invest? more than $2 billion as chairman and chief investment officer always pleased when he has time for us, happy new year to you. a quick look back, closed on 213, why do you see such a monster surge? was a once off? >> happy new year. i should put on a ski jacket because it is below 60 degrees in sarasota, fla.. lori: crying you a river but you can't see in sarasota, fla.. i will give that to you.
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>> 2013 to answer the question, an extraordinary year. they missed it and we are looking at a much more docile year. everything came together, washington settled down, shut down, the politicians agreed not to kill each other, temporarily. and the rest of the economy starts to pick up, starts to look a little better. combination of things very nice. you just had a terrific report on the energy sector, production of oil in the u.s. we are compressing oil prices and energy prices, we get through this cold weather bubble in energy and this is bullish, takes price pressure out and one reason we like that so much is we can extend this recovery without inflation and without heavy pressure on the fed so it is a very good story you just
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reported. cheryl: we appreciate that and so does phil flynn. tell me in detail why you don't think 2014 will be as robust a year for the stock market as the year that just passed? >> you can't have 30% years back to back. it doesn't happen. my expectation is some time by the end of the year we have added 100 points to the s&p, a couple percentage points in dividends, total return out of the stock market of a high single-digit numbers. call at 6, 7, 8, 9%, something like that. that would be a fine year. if i could put that in the bank today i would take it and go on vacation for another year. that is where i think the market is. we don't have another 30% charge. lori: the fed speak today, this one caught my attention from the philly fed, and low inflation
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environment here. do you see a deep bond sell-off. >> interesting question about what to do with blondes. in the treasury market we had a backup in yields, treasurys have been punished. sheet sector in bonds, our viewers in the tax-free municipal bond sector. here we are with the 30-year u.s. treasury yielding fully taxable and i grade, 30 year muni, high grade, note the troy, no pr bond and is yielding almost 5 so the tax-free sector is still being mauled by investors who are selling newes out of their mutual funds. we like that sector. lori: amazon and facebook, quick to point out the risks with high valuation of those tax darlings. >> there is a risk sector but there is an edf we have phoned
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for some time. and it is a wonderful performing edf, you captured the basket. that is our approach to this, it continues to do well. i earn accounts and continue to hold it. ashley: appreciate your timing and insights, great to see you, sir. ashley: down in florida with his jacket off complaining about the temperature in the high 50s. lori: the first major snowstorm, the northeast, 2 feet of snow. ashley: the same frigid temperatures helping drive nfl fans in lawyers. green bay and indianapolis have sold enough tickets but it is up to cincinnati to avoid an embarrassing tv blackout. lori: still protecting your
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privacy. the new apps, disposable phone numbers to your normal phone. welcome back. how is everything?
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lori: the obama administration announcing plans to strengthen the federal background check system. rich edson in washington with the latest on this. rich: unable to get a gun control bill through the congress, the administration is doing its regulatory, something that has to go through congress, the administration says it will propose a regulation to clarify who is prohibited from possessing a firearm under federal law for reasons related to mental health and also the department of health and human services through regulation will be issuing a proposed rule to will eliminate certain barriers, privacy barriers by giving limited information to help keep guns out of potentially dangerous hands. this is the administration continuing to push congress to do something on background checks and gun control. congress has not gone there so the administration has done on a number of issues moving to the
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regulatory field, making regulation changes on its own. ashley: the first winter storm of 2014 is causing a lot of headaches for travelers, 1800 u.s. flights have been canceled, 1400 flights have been delayed. commuters across the northeast having difficulty as snow continues to fall in some places and temperatures dive. janice dean joins us from the weather center. the storm moving on now but bitter the cold wind and temperature is coming in behind it. >> and kids can't play outside because it is so cold. where is the fun in that? let's look at these totals close to two feet in parts of massachusetts, central park, 6 inches, blizzard like conditions on long island and even towards the city and in towards the coastal areas in maine. here is the storm system. is fixing the coast-line
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mentioned we left with a bitterly cold temperatures and also blustery winds. any snow on the ground is going to cause driving conditions on the roadways where you could have white out areas so keep that in mind that this system is gone. unfortunately we are tracking another system behind it. we will talk about that in the second but wind chills single-digit below zero as we get into overnight into tomorrow temperatures rebound of a little bit. saturday, sunday as we get into the new work week another batch of even colder air is coming in. our next system originating from the northern plains, blizzard warnings in effect pushing across the ohio river valley, tennessee river valley and moving into the east coast. and will mainly be a rain event but the coldest air pouring into the midwest, chicago on monday and tuesday, -10, they could set a record low high in chicago
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next week. incredibly cold air moving through. ashley: that is not a high temperature. that is an embarrassment to. that is awful. rain on top of snow we had and another big freeze. what a mess. lori: water roller-coaster ride. i will be sleeping in my ashley: you are doing a wonderful job. lori: weather winter, heated buildings, and fortunate in that respect because we want to bring you up-to-date on the latest developments in the wild rescue of passengers aboard the trapped ship in antarctic a. the chinese ship that was originally sent to clear a route for the track russian vessel found itself in the same predicament, stock. the ship's helicopter was used to transport the 52 passengers on a russian vessel to an australian icebreaker nearby, may also be trapped in the very same eyes. the australian icebreaker carrying less saved passenger haa been put on standby in case
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that chinese ship needs assistance. ashley: they could go around and around rescuing each other. whose idea was it to go on this trip in the first place? >> they are gathering important data. ashley: they should understand how this works. as we do every 15 minutes check the markets, nicole petallides, the wireless battle heating up. nicole: this is something i would rather study instead. watching at&t and t mobile, a ticker symbol t m u s, that is down at&t building up 1/2%. what is interesting is at&t trying to lure those customers and offering them for $50 to switch over from t mobile, we go to the phone upgrade, the other part would credit your account, you could get an additional $200 credit when you transfer your wireless service to at&t so this is at&t's way of coming over to
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mobile customers. ashley: that is the line of the day. lori: the early test of the unity of the new american airlines already revealing cracks. ashley: driving going away of the dinosaur? the auto industry betting on it. in 20 years it thinks people will forget what it was like to crews behind the wheel. be right back. ♪ [ cellphones beeping ] ♪ [ cellphone rings ] hello? [ male announcer ] over 12,000 financial advisors. good, good. good over700 billion dollars in assets under care. let me just puthis away. [ male announcer ] how did edward jones get so big? could you teach kids that trick?
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>> 22 minutes past the hour your fox news minute. troops sitting -- join the sunni tribesmen against cockeye insurgents as a new report shows 8,000 civilians were killed in terrorist attacks in iraq in 2013. that number nearly doubled in recent years of leaving many to fear the terrorist organization is having a resurgence in the country. secretary of state john kerry in the middle east pushing to get new peace talks started with israel and the palestinians. the top diplomat meeting with israeli prime minister benjamin netanyahu before his meeting with palestinian leader abbas. they condemned this as
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demonstrators. and oklahoma defeating the crimson tide. and the first ball game loss since 2008, alabama was heavily favored going into last night's game. those are your headlines. ashley: thank you very much. auto sales falling short, chrysler's sales jumping 6% month over month since 2007. and in 6%, estimated 1.5% gain. is this all just a blip for another was what was a blockbuster 2013 for the industry? that is the question we are wondering. the detroit free press auto critic to enter that question thank you so much. was a banner year in 2013 but would to these latest sales numbers tell you?
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>> mostly that it was cold and miserable in the northeast in december. the consensus seems to be the bad weather kept some people home and that took the steam out of the market but the overall market was the best since 2007 and people see more growth going forward. more of a blitz than the beginning of a slide. ashley: people who didn't want to go to the showrooms because the weather was lousy ones we do see temperatures warm up and knows how that will be? are we expecting to see a surge in sales? >> that seems to be the expectation. the last two or three years coming out of the recession sales have been rising double-digit s, the expectation is in won't be that big this year but we are going to go from 15.6 million sales in 2013 to around 16 million or a little bit above and that is a nice healthy level of growth. that will make car companies
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happy. ashley: chrysler got a 6% gain, nice gain from the new jeep cherokee, particularly popular. what do you think of chrysler for the coming here? >> having the jericho available will be a huge help, it has been pour for a few years and the cherokee helped, we expect to introduce a replacement for their 200 midsize sedan as well and if that is as well executed as the cherokee seems to be that should be a good seller. it will make him relevant in a market where they haven't had a competitor product so this should be a good year for chrysler. ashley: ford led the way in detroit, do you expect the same this year? >> board hasn't challenges. they will replace the f 1, their best-selling vehicle and the best-selling vehicle in the country for 40 years, and
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replacing it means shutting down a couple factories and taking sales out of the pipeline. ford is learning they expect growth but not the same level of growth they did this year and expect their profits to be impacted as well. they will be profitable next year but not by as much. ashley: mercedes turned in a banner report. is that because they were aggressive with their incentives trying to outpace bmw in the u.s.? >> the sales between bmw and mercedes drive is just about everything those companies are doing at the moment but mercedes has a couple new products that are selling well. there is the small c l a which is a compact car the size of a ford focus. they haven't played in that sector, they have extra sales and at the other end of the line and new version of the x class, the biggest mistakes pensive
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car. ashley: 2013 was the year of the pickup. you mentioned ford's f-series doing so well. will it be the same story in 2014 if so many people bought a pickup in 2015? >> absolutely. there is still pending demand for pick ups because so many businesses postpone purchase decisions during the recession and general motors has got its new chevy silverado available all year, very good trucks, ford will have a new f 150 in the fall in. that will be another kick in the pants for the market. as long as the economy stays good pickup sales going steadily all year. ashley: we appreciate it. cheryl: from the ground to the air taking a look at the airline sector delta shares jumping, the s&p 500 biggest gainer on this day. the company reporting 10% jump
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in revenue coming higher than the forecast 7 to 9%. the thanksgiving holiday helped push air travel into december and as a result s&p capital iq updated the stock causing it best in class among u.s. airlines. the newly created american airlines getting a new look at but it was a close call. more than half of the airline employees participated in a vote between two designs for the tail of the company's geddes. it will keep the design has been using with red, but white and blue striped tail beating the competition by 3,000 votes but it could take years to repaint american aircraft. ashley: the who's who of economists gathering for the federal reserve chairman's last major speech. outlook for this year. ashley: your facebook messages might not be so private. the class action lawsuit that
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ashley: time for stocks now. let's head back down to the floor of the new york stock exchange. our very own nicole petallides. been a strange day on markets. we were up, down, somewhere where we started. nicole you're watching a big winner. >> i am indeed. we're looking at right eight, earnings jumping and same-store sales are on the rise and a lot of it is due to the pharmacy department. let's look at the stock right now. it is up 8.9% at $5.45 a share. that is great move when you have a stock up nearly 10% on a single day.
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same-store sales rose 3% in the month of december. i noted the pharmacy section helped them along throughout that time. over last 52 weeks. the stock is up 265%. that is a great return over 52 weeks. ashley: no complaints on that one. nicole, thank you very much. lori: some of the brightest mind, some rock star economists are in philadelphia for the annual american economic association forum. if you thought your new year's party was rockin', that is the one to attend. peter barnes, our resident rock star is there with breaking news, right, from richmond fed president jeff lacker. >> that's right. president lacker is out with his forecast for the economy in 2014 and on the labor markets and the economy he says that he thinks there has been substantial improvement in the job market and labor market conditions and indicators. as a result that he says that the fed will consider additional tapering at upcoming meetings.
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not a surprise there. the chairman and the fed have laid that path out that they will continue to taper their $85 billion a month in quantitative easing, starting with 10 billion a month this month. for some reaction we're joined by justin wolfers, economist at university of michigan. he is one of the rock star economists here today as you can see. where do you think the labor markets are right now? >> well things are definitely improving. we had a couple of good months.. remember these are noisy data and we're only one or two revisions away, bad revisions away back to feeling bad about things. i say all of that being an optimist. i think 2014 will be a great year for the labor market but things look good when you look at things like unemployment rate. i shouldn't say good, better but the unemployment is less good indicator the labor market.
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>> because of labor market participation rate going down. people are leaving the workforce. as we heard from fed members perhaps not as reliable an indicator of health of labor market? >> absolutely. we don't know how much further we have to go. there are still millions unemployed. we have to bring millions of them back. the question even further millions that we have to bring back into the labor market as well. >> are you concerned at all, we've seen the head fake before. we've seen the green shoots and at all of sudden the economy stalls out. are you worried about that? is there anything out there that could cause that? >> this is annual game. economists get optimistic and try to get everyone else optimistic and we fallujah in a heap. i'm optimistic for first time. every last year five years people said next year will be different. i think this year will be different. >> 2014. >> absolutely. three days ahead of me. things going on differently this year there are no headwinds that
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are obvious. we spent all of 2013 trying to shake the government -- >> drag. >> economy did okay despite that. if there is none of that. no further european problems and japanese have no further earthquakes, if all these negative things stop happening sure we -- >> escape velocity? justin, university of mesh ban, thanks for joining yous on fox business today. guys, back to you. bernanke, one hour away. we'll be there. lori: a little nostalgic. i don't know. ashley: it is. lori: last come months from bernanke. peter barnes, thank you. see you soon. >> okay. lori: snapchat responding to a hack that compromised four 1/2 million users private info. the company says the attack was quote abuse of the find friend feature which allows people to find other user names by entering known phone numbers. snapchat will release an update, more secure version of the app.
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insists only phone numbers and user names were compromised. no snaps were leaked. ashley: you always get nervous when they say more securr. believe that. facebook under fire. two user of the social media company filing a lawsuit alleging that facebook has been invading their privacy. a fascinating story. liz macdonald has the bottom line. what are the actual allegations being made? >> this is an eyebrow-raising suit that is catching the attention of people across the country especially if they're facebook users, filed in federal district court in san jose. two facebook users alleging the following. let's look what they're saying in the lawsuit. essentially if you were a facebook user and you sent a web link, say you like a website and put that link in your message, that facebook actually scans the contents of your private message in order to improve the profile of you or lori on facebook in order to use that profile to sell to web advertisers. so they use it to do user
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profiling, data mining. they give that private message with the links and talk about it with advertisers and marketers. facebook is vigorously defending itself saying that it -- saying without merit. they are actually denying it. the suit is without merit. ashley: they are denying it. >> here is facebook saying on its own page about private system here's the thing. here is what facebook says in terms of service with facebook users. says the following we may enable access to public information that has been shared through our services. goes on to say we may allow service providers to access information so they can help us provide services. so it is basically also saying that if you, you can't expect privacy on if you're sharing information on a public site. lori: where does this go next? how precedent-setting could it be? >> it's a precedent-setting and here's why. what this lawsuit is saying, this is really key, it is saying facebook is making representations users they do have expectation of privacy on the facebook site. essentially saying that they're free, you're free from
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surveillance. that you own the content. but however, this is true for all social media, watch out. lawyers are now talking about this. you do not own the content. any social media site can basically license it or use your videos, photographs, information free of charge. >> how damaging could this be for facebook? >> in terms of dollars and cents, big-time damaging. they're seeking upwards of $10,000 per users in penalties and fines. we're talking tens of millions of users on facebook. could be a lot of money if they win this one. facebook says they will fight the lawsuit big-time. lori: interesting developing story. >> we'll be on it for you guys. bring you the latest. ashley: liz macdonald. lori: the new app lets you share digits without regret. the app is being dubbed the snapchat for phone numbers. ashley: ring me maybe. that is not -- lori: how many phone numbers have you received from girls over the years? >> let's not go there. let's move on.
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green bay, indianapolis sold enough tickets, thanks for that, lori, but it is up to cincinnati to see if avoids a embarrassing tv blackout. up next fox sports one garafalo will be here on the do-or-die fight on tv. lori: or with me. ♪ [ male announcer ] this store knows how toandle a saturday crowd. ♪ [ male announcer ] the parking lot helps by letting us know who's coming. the carts keep everyone on the right track. the power tools iroduce themselves. all the bits and bulbs keep themselves stocked. and the doors even handle the checkout so we can work on that thing that's stuck in the thing. [ female announcer ] today, cisco is connecting the internet of everything. so everyone goes home happy.
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lori: time for your fox business brief. the vanguard, the world's largest mutual fund company, took in more than one dollar of every $4 invested in all mutual fund and etfs. according to "morningstar" for the first 11 months of 2013 vanguard took in $117 billion out of the total 425 billion invested. singer alicia keys and blackberry will part ways on january 30th past a one-year partnership where the singer-songwriter supposedly served as global creative director. the move comes as the struggling handset maker retreats from the consumer market. blackberry filed a patent infringement lawsuit against type peproducts accusing of the company copying their design. they make a case designed to tach to iphones. that was founded by ryan
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seacrest. that is latest from fox business, giving you the power to prosper.
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ashley: all right. some good news for football fans. the colts and packers both sold their remaining tickets to saturday's playoff games and avoided a tv blackout. now the bengals still have a few hours left to sell their remain being tickets. fox sport 1 nfl insider mike ga rafah low, says this is major problem for the playoffs and nfl all season long. thanks so much for joining us. it is just weather-related thing? you're saying this is going on all season but is the weather playing a factor in all this. >> it has been a an issue all season but they have done a good job avoiding these blackouts. frankly for half the season or a little bit longer than that they avoided all blackouts. they had a few late in the season but the issue with the nfl, and this goes back for a
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couple years now, something they have been addressing is the experience in the stadium versus the experience at home. obviously the experience at home is gotten better with high-definition tv, surround sound, all these things. it will be lot more comfortable on home sunday for packers fans than it will be in the stadium with minus 20 do agree forecast there is. ashley: that is what the frozen tundra is all about although i don't have to stand out there. the fcc moved to end the blackout rule which began in the '50s and '60s when ticket sales were big part of what a team's revenue, how the team's revenue was generated. could you make that same arguement today? >> i mean i think you can. these pickets are priced from 100 to $125 and they're set bit league. when you're talking in the case of the bengals yesterday, 5,000 to 6,000, that is a lot of money you will potentially say good-bye to. some retail chains stepped up in
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indianapolis and cincinnati. even though cincinnati has not sold out, kroger stepped up to buy a bulge of tickets. they haven't said how many they bought there, but will distribute them to local military families who show i've de. they're getting positive pub and getting positive i.d. to work to end the sell yacht. i expect by the time the deadline comes cincinnati would avoid them. they avoided them in indianapolis and green bay. ashley: indianapolis, it is 70 degrees "under the dome." there is no excuse. there is a democratic senator from ohio, sherrod brown, he again written, done this before but he is very upset at a time like this for the economy, it is unfair to have fans be blacked out from games on television. he said these same fans, paying local taxes helped to pay for the stadiums in the first place. that is kind of a good argument, don't you think? >> no, it is a good argument. some of these stadiums are being
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built -- look, i go back to halfway through the season. the jets were playing falcons on monday night game. i was on the field in the georgia dome. i'm looking up in this place, this stadium, there is nothing wrong with that stadium, why are they building a new one? in the new stayed there trying to do rumble seats and like a camera lens the way the dome will close. they are trying to do things to get people coming out to the stadium. they're using in a lot of cases taxpayer money to build these stadiums. it is a good argument to be made for why the games should be on tv and no more blackout rule. ashley: can't let you go without asking it, who will win it all? >> i will stick by my prediction, halfway through the season, the denver broncos. i will stick with denver. ashley: tough to go against mr. manning, isn't it? very good, mike, thank you so much for joining us. appreciate it. >> you got it. lori: let's get back to the
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markets and see what the story is with jonathan corpina joining us from the floor of the new york stock exchange. just got to write off the week i guess, john, and wait until monday when everybody comes back to work in ernest? >> right. markets are running out of steam a little bit here. we had the trading session yesterday with some pretty good pressure on the markets. was hoping for a rebound. we got it earlier today. seems like everyone is starting to plan their weekend, that the markets are starting to settle down at this point. next week a lot of economic data. unemployment at the end of the week. investors coming into the shortened trading week we had pushed everything off next week. why put too much risk on when we don't know what will happen, how the markets will react. put it off to next week and next week starts our first true trading week of the year. lori: jonathan, have a good weekend. >> you today too much have a nice day. lori: you too. ashley: it create as self-destructioning phone number like mission i am possible.
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lori: the founder of the ring me maybe. while protecting your privacy by making -- still making yourself available by phone. ♪ ♪ [ male announcer ] evenore impressive than the research this man has at his disposal is how he putst to work for his clients. morning. morning. thanks for meeting so ear. co on in. [ male annncer ] it's how edward jones makes sense of investing.
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ashley: we have breaking news for you, senate will convene at 2:00 p.m. eastern. it will vote to confirm janet yellen as chairman of the federal reserve, 2:00 p.m. eastern on monday. lori: privacy commodity in the tech industry driving a new breed of application. many focus on your email, one recently-launched app will help you protect your phone number. it is called appropriately enough, ring me maybe. alex is the cofounder.
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welcome to the show. alex, how did you know there was demand for disposable phone numbers? >> hi, lori. thanks for having me here. it started with a very sad story with a depressing story on a date and i had this girl in front of me never wanted to give me a real number but gave me a fake number. i was sis disappointed by story and started from there. lori: it was her loss. i bet your making money hand over fist with this app. describe how it works. >> so this app is solving actually two problems. first one is, obviously the privacy issue. so, you start with a lot more new people those days, friend you have on facebook, not only your family but you are engaging with larger audiences.
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one case the dating caves and putnam per on craig's list, you start to interact with people you actually don't know. the reason why you want a phone number which is virtual and which is disposable that some data are more important than others. you can manage your email spam and can not do that on the phone. virtually anybody can call you if the number is online and stays forever there. once it is there -- lori: when does the phone number expire, alex, is the number gone for good or does ring me maybe keep a record for the calls unless faultily play and law enforcement needs involved? do you keep record of all numbers issued and calls made to it? >> yes. so if you're a smuggler, it is not enough for you. we keep records of the call. it is app designed to protect
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your anonymity on line but which is not designed to protect you if you are break the law. lori: so this is similar to snapchat, right? the pictures that disappear. these are disappearing phone numbers. as you know the snapchat founder famously told facebook to take the 3 billion-dollar buyout offer and shove it. how would you react to a similar offer? >> i would take it, mark. lori: who sneezes like at 3 billion like snapchat folks did. what is the cost? what is basic subscription costs? >> when you're on the app you have two free numbers, that stays for one week. after that you have two options. either you buy additional numbers for one dollar a week. if you're like me and you don't like to spend money on apps, you can complete the admission and free if you were to video to get credits. lori: alex, thank you so much. check in with you couple months
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to see how things are coming along. >> thanks a lot. ashley: give him a bum number and turned it into entrepreneur. lori: of course i would accept $3 billion. ashley: take it right now he says. all right. interesting stuff. coming up, how about this for a new year's resolution? listen up. lori rothman. drinking wine and losing weight at the same time. people dream about it. guest ahead with some recommendations. charges that facebook sends your private messages to advertisers? is this the beginning of the end for the social network? your tweets and liz macdonald's investigation as tracy byrnes and i take you through the next hour on fox business. [ me announcer ] this is the story of the dusty basement at 06 35th street the old dining table at 25th and hoffman. ...and the little room above the strip mall f roble avenue. ♪ this magic momt it is the story of where every great idea begins. and of those o believed they had the power to do more.
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outside. an interesting day for the dow a market guest straight ahead said things could get hot shortly on the corner of wall and broad. that is good news. so be prepared. tracy: you can't get from there to here due to cold and snow. over 2400 flights were canceled across the country. we're live in the fox weather center talking about another big storm approaching. ashley: yikes! charges that facebook sends your peristomessages to advertiserses. this the beginning of the end for the social network? your tweets and liz macdonald's investigation coming right up. tracy: on our fabulous friday, "wine with me" segment. how about this resolution? drinking low-calorie wine. believe it or not there are some out there. we have a guest with recommendations. of course ash and i will drink to that. ashley: i already am. a way to keep track of killer sharks before they hit the australian beaches via twitter? unbelievable. that and more ahead on the
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killer hour of "markets now." time to look at the stocks. let's go straight to nicole petallides on floor of the new york stock exchange. nicole, market gained some of losses but we've lost some steam, haven't we? >> we started off the year in negative territory. our first trading day yesterday, down 135 points. we haven't seen that since the year 2008. even worse would be two straight days of selling and haven't seen that since 2005. if you're a bear you're loving it. if you're a bull you're slightly disappointed but you had a great 2013. that being said the dow jones industrials up 12 points and nasdaq and s&p are pulling back. the dow as i note the up 12 points t was down 70 points over the day. we're keeping a keen eye on boeing awaiting a contract vote. if the deal is accepted for the bow boeing workers where they make the jet liner the 777x, the wings, will be made in the seattle area, if they reject the
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deal it could possibly be made elsewhere. if they are accepted there may be a caveat for right of boeing to use lower paid contractors. the stock in somewhat of a wait around see mode. it has an up arrow up half a percent at 137.57. back to you. tracy: thanks, nicole. happy new year. see you in a bit. rob morgan of fulcrum securities joins us now. talk about the market and nicole made the point it is first big down day we've seen in a long time but we came from a great market in 2013. >> absolutely. one of the best years in two decades. tracy: right. >> it was low volume day. at love professional trade remembers still on vacation. i don't think we can read anything into yesterday related to the whole year. tracy: okay. talk about going forward then. you know. we know taper is coming now. maybe i'm wrong. market goes up from here? >> well it will be uneven,
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tracy. it will be, we are going to have some pullbacks in 2014. it will not go up like a straight line. i do think 2,000 is possible on the s&p 500 throughout, throughout the year. we can talk about some of the reasons i think that. but yeah, i think, i think it will be another good year. tracy: why? >> look at underpinnings for the s&p 500, they fundamentally look still pretty attractive. valuations are not out of line, p-e ratto, it is not cheap anymore but not expensive. the technically the market looks sound. earnings estimates continue to expand. i think the most important thing that the retail investor still has not gotten back to the market. we're rapping up year five. soon to enter year 6 of the bull market. this is one of the most hated bull markets that we've ever had. tracy: honestly it is. so that was going to be my next question to you. what will it take to get the retail guy back? >> if you look at jobless recoveries of 1990, early
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'90s, early 2000s, we finally reach ad tippingpoint where job growth accelerated. i think we're there now in this recovery. the reason is corporate america is so lean and doesn't really take a big up stick in -- uptick in demand, we're up curve in hiring, that we'll see that and that all of sudden pushes us where viewers say, oh, my gosh, we're in a recovery. tracy: this might be the year main street starts to catch up to wall street a little bit? >> i'm hopeful. i'm hopeful. it will eventually come. it will definitely eventually come. tracy: and whole pigs will fly too. you have to be in this. i know you're a small cap fan and still a. >> still am. tracy: what companies are you investing in? >> we don't really, quite honestly with our client base we don't suggest individual countries. we just use broad etfs. the efa, eem, emerging markets,
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so we, in asset allocation, we would say invest 5% more in those spaces. >> 5% more than you have been? >> absolutely. that would be an overweight in international for us. we think, going into some of these illiquid etfs for countries, that is, that's fraught with some -- tracy: i know we have to run but on financial side too, would you go in the etf as well? >> you could or use individual stocks there. we do like allstate. we like bank of new york mellon and disclaimers, i don't own them, don't do investment banking with them but those are couple names we like. tracy: rob, i feel bad, rob morgan of fulcrum. i feel bad, come out here on the worst days. >> will be kids day off day. mark it on your calendar. tracy: thank you, rob. ashley: poor guy. there are new charges that facebook sends your private messages to advertisers so how damaging could be this be for the social network?
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tweet us and your answers will be along the bottom of the screen. our elizabeth macdonald is investigating those charges and joins us with more. liz? >> this is a real eyebrow-raising lawsuit. it is catching the attention of people across the country. it was filed in u.s. district court in california, in san jose, california. two facebook users essentially saying that facebook systematically looks at your private messages if you have a like in there. meaning if you have a web link. say tracy is a facebook user around likes the wine column. wants to send her wine column link to somebody else. facebook this lawsuit alleges, works on tracey's profile, upgrades it, updates it and then use that is information to sell to advertisers, to get advertisers in. so they're essentially saying this is user profiling this is data mining and this is wrong. facebook is saying uh-uh, wait a second. they're essentially saying we will vigorously defendelvet mer.
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look what facebook already tells its users on the facebook page in terms of terms of service. it says, we may enable access to public information that has been shared through our services and we may aallow service providers to access information so they can help us provide services. whether or not this suit will move forward in court, remains to be seen, guys. and here's the big problem for facebook. this is really key. this is what the suit is alleging. they're saying, facebook tells you, ashley or tracy, that you have an expectation of privacy. that you will not have surveillance happening on your private messages. so the suit, the people, two guys suing are saying hey, that means people are writing more freely about themselves because they're private. they're more revealing. if they're being scanned, then hey, wait a second, and users will step back and not use facebook for private messages. ashley: facebook is saying they will vigorously defend it but they're not denying they're doing it. >> they're saying allegations without merit.
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they didn't say we deny. that is without merit. that is the statement from facebook. here is the other thing you have to remember for all social media, skype owns content to basically what you put up on skype. facebook is saying we don't own the content but can use information. says that repeatedly throughout disclaimers. anytime talked about in legal circles, basically they can license your information put up on social media freely and use your video and content. so it is interesting stuff. ashley: we'll continue to follow it, i'm sure, liz macdonald. >> sure. tracy: tell you, i'm going back to my crain stationary and writing letters. it is safer. ashley: a whole generation doesn't know how to write a letter anymore. tracy: that's true, lol. ashley: yeah. tracy: up to 22 inches of snow dumped by the latest nor'easter, but don't look now but there is more snow in the forecast. we're live in the fox weather center next. ashley: we're moments away from ben bernanke last official pronouncements as fed chief.
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peter barnes standing by in a very cold philadelphia. tracy: peter better have cheerios to beef up for the cold weather. we're telling you why general mills is giving in to protesters to change the way the cereal is made. i hope they make it cheaper. ashley: no. tracy: this time of day, look how oil is trading, down about 1.35, $95.09 a barrel. we'll be right back.
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tracy: 2014 starts off with a bang as first storm dumps two feet of snow in massachusetts. governors of new york and new jersey declare a state of emergency. over 2400 flights have been canceled today. coastal flooding and bitter cold temperatures remain serious concerns. fox news's janice dean, the weather machine in the weather center, with what, storm number two? come on. >> i know. i know. i will be here all weekend. tip your waitress. tracy: i hope to god you have a bed in your office? >> i do have a little inflatable thing. i will take a picture around post it.
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look at snow totals. two feet in massachusetts. parts of new york got close to a foot of snow. we were pretty right on target with snow calculations. the tracy mentioned the next storm system. where is it coming from? the northern plains. we'll see, i know you heard me say this many times, the coldest air of the season yet to come across the midwest. chicago you will have a day-time high of minus 10. minus 10 on monday, which could rifle some of your coldest air you have ever felt. so there are the windchills right now, minus 3 in iowa city. minus 7 in green bay. we could have one of the coldest nfl games in green bay on sunday, minus 1 at game time with windchill in the teenses or 20s. here is the next storm system across the northern plains. we could get several inches of snow on this one. snow as far as south as tennessee. memphis, you could get a couple of inches of snow here.
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that is how cold the air is as it plunges southward. ahead weill get up in the 30s and 40s along the northeast t will be mainly a rain event. then behind it another blast of cold air. this roller coaster ride. winter weather advisories and we have blizzard warnings as the storm system moves through. keeps us busy in the fox extreme weather center. back to you. >> whoa, janice dean, thank you very much. >> you're welcome i think. ashley: exactly. tracy: i have this little pipe that was frozen this morning. i think it will be rosen next month. ashley: i think so. tracy: we'll use a different sink in the house. tomorrow's business today. general mills announcing that it is producing cheerios without genetically modified ingredients. first question is why were they there in the first place? there is broad consensus food containing gmos is safe but we decided to move forward as a result of consumer demand is the quote from the company. concerns for gmos is heating
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up because of possible health concerns due to pesticides. general mills is up 19% in the last year. man, oh, man. that is expensive box of gmos. ashley: really is. not like it is cheaper that it is again net i cannily modified, whatever. quarter past the hour. nicole petallides down on floor of nyse watching cyberspace, nicole. >> it is a little chilly listen to janice dean's report. a little news regarding fireeye, a name charles brought to our attention recently. if you're bought it, feeling great. up $15.87. they're making an acquisition of mandiant corporation. talking about cybersecurity, computer forensics, that's what these two companies do and both ceos are highly respected, to put them together in this $1.05 billion in cash and stock deal. what is interesting about
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mandiant corporation, they're best known for unveiling a secretive chinese military unit believed to be hyped a series of cyber attacks here in the united states companies. that is something interesting as well. when you talk about cybersecurity, obviously front and center. this is a big deal. fireeye is jumping on the news. back to you. ashley: very good stuff. nicole, thank you so much. tracy: look, ma, no hands. self-driving cars coming way quicker than you may have imagined. we have details of a new study ahead. ashley: forget that nfltv wildcard blackout threat. dennis kneale has a way to watch the games even if they're not shown on tv. there is always a way around it. we'll be right back. ♪ [ male announr ] this is the story of the lile rm over the pizza place at 315 cnut street.
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>> at 20 minutes past the hour i'm lauren green with your fox news minute. the u.s. embassy in south sudan evacuating more of its staff as security there is breaking down. fighting erupted in the at that timerred nation last month between supporters of south sudan's president and deputy he fired. the u.s. embassy will no longer provide consular services there starting saturday. drama of 52 folks stranded in antarctic ice isn't over quite yet. turns out one of the ice breaking ships that pulled people to safety may need rescue
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of its own. the crew of the chinese vessel aurora is worried about the ship's ability to move through the ice. and new video released by germany's zoo of two baby polar bears. the cubs were born back on december 9th. the zoo releesed video of bit two days later. it is said to be the first polar bear birth filmed in color. those are the headlines. back to ashley. ashley: who would have thunk that. fantastic stuff. lauren green. thank you. fit for polar bears here in new york city. >> right at heem here. ashley: you need to get to the star but don't feel like driving? you may soon not have to. a new study predicts sales of driverless cars will balloon in the not so distant future. annual estimates of driverless cars expected to spike from 235,000 in 2025, to nearly 12 million in 2035. based on those estimates would mean a total of 54 million
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self-driving cars on the road worldwide. the study cops as u.s. auto sales close out a strong month for december and a huge year for 2013. staying with cars then, peter nagel, ihs automotive analyst. he has your expert insight in today's auto sales report. plus your outlook for 2014. peter, thank you so much for being here. for the most part the sales in december were somewhat disappointing. a guest in the previous hour said it is just a blip. the weather wasn't great. the strong demand will continue into the new year. will you agree? >> well, first, ashley, thank you for having me on here, i'm excited to be here and you're correct, december sales did come in a little weaker than we initially anticipated. most of that because of some inclemment weather especially out east and traditionally strong post-christmas holiday selling season. we're looking at across the board sales will be up about 3% for the month of december.
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so still pretty good month here. seasonally adjusted selling rate is probably still going to top 16 million units. making december, probably the third best month of 2013, trailing only november and september in terms of selling rate. ashley: we know that ford did exceptionally well, leading the way in detroit last year. do you expect the same this year, really on back of the pickup truck? >> yeah. ford had a great year. f-150 in particular had a great year. 37 years strong as number one selling pickup in north america. we don't expect any slowdown from them here. kind of the biggest non-secret here in the industry is will or will they not show the new f-150 at this coming north american auto show, north american international auto show, sorry. we expect them to lawn of the new f-150 in 2014 and have a big reveal in the auto show. ashley: what about chrysler?
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what kind of year do you see for them? they reported a 6% gain last month in u.s. auto sales? wasn't bad but still missed estimates. >> yeah. chrysler and ram in particular have had a good month. again, on the back of pickup sales here. the good news for chrysler is that with the merger with fiat now in the rear view mirror, we can expect management to shift focus back to product. that will be key for 2014, because in the automotive market, product always drives sales and chrysler and dodge in particular are in need of some new products. so once, once management gets back to the developing their product plan, we expect some better news out of 2014. ashley: for consumer, peter, do we expect automakers, we know there is tremendous demand. does that mean they don't have the provide kind of incentives that consumers have become used
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to? can i still get a good deal on a car? >> consumers are getting great deals on cars. auto affordability is approaching all-time highs. that's with low levels of incentives. really what's making the vehicles affordable for consumers here is the low interest rates and monetary support that's coming from the fed, as well as some flexible financing here. we're seeing loan terms being extended and that's really helping consumers target their monthly price points. ashley: great stuff. peter, thank you so much for joining us. >> ll right. thank you, ashley. ashley: all right. yet extending those, 12 years of payments. the old 106-month payment plan. tracy: when this area gets weather like this, the only thing you want to buy is a truck. no wonder reason why truck sales are good. ashley: yeah. tracy: coming up in the next half hour of "markets now," when ben bernanke speaks, people actually listen. we're live in philadelphia with
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details of his final address in philadelphia. ashley: remember e.f. hutton? gut-wrenching story of a family of five struggling around obamacare. you won't believe how much she will have to pay as a result. tracy: our friday "wine with me" segment, how do you keep the new year's resolutions and still have a glass of wine? we'll tell you next. she keeps you on your toes. you wouldn't have it any other way. but your erectile dysfunction - it could be a question of blood flow. cialisadalafil for daily use helps you be ready anytime the moment's right. you can beore confident in your ability to be ready.
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ashley: 90 minutes until the close look at the dow 30 evenly
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split between gainers and decliners on the downside, the rise in bringing up the rear, blowing up slightly today. we are waiting for the result of the key vote by the machinists's union which ultimately keep the production of the turtle 7 x plane, the big one billing is producing, keeping that in washington but boeing moving higher as we went. talking about planes keeping an eye on the carrier. nicole: looking at delta. when we look at delta airlines the interesting news is they had a great month in december and the late thanksgiving holiday with long rehab over 2.5 million travelers. that happened as well. when you talk about capacity and load factors and the number of people filling those planes they did very well and saw deans of 7% to 9%, revenue rose 10% even
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surpassing what they have been seeing. >> breaking news, ben bernanke giving what is expected to be his final speech as chairman of a fed. peter barnes is live from the extraordinary event in philadelphia. peter: ben bernanke will tell economists that the fed will keep economic stimulus going, quote, for as long as needed. here are the key lines from his speech to the american economic association clementi fomc decision to modestly reduce the pace of asset purchases, start tapering as quantitative easing bond purchases at its december meeting did not indicate any munition of its commitment to maintain a highly accommodative monetary policy for as long as needed. rather it reflected the progress we have made toward our goal of substantial improvement in the
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labour market outlook that we set out, the current key repurchase program in september of 2012. the economy has made considerable progress since the recovery began four years ago but the recovery remains clearly in complete with the unemployment rate at 7% still elevated, unusually high number of long-term unemployed are still out there. number of people working part-time for economic reasons remains unusually high but he says the head winds facing the economy may now be abating including less restrictive fiscal policy and washington. tracy: lots of big words in that statement. thank you very much. you did it on purpose. his last official -- on the way out. thank you so much. now to another difficult thing,
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obamacare. the heart wrenching story of a mother who was stuck in a bureaucratic nightmare trying to get health coverage for her family. foxbusiness.com, kind of good news and bad news for the mother in question. >> shannon was on fox and friend this morning to tell us her story and the glitches she was encountering and we have some sound from that. >> when i called and found out i was being canceled, trying to work through that healthcare.gov and glitch after glitch, a dozen different glitches trying to fill out the application. >> the big glitch she was running into she was told was the worst case, one of the supervisors had seen, heard five children were being registered as non u.s. citizens so they were not eligible for health care. they were all born in the u.s. they are all u.s. citizens show she did find a plan, it is a big
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glitch, she did find a plan which is good news but bad news it is of exchange. ashley: lot more expensive. >> found coverage through blue cross blue shield. to new plan is $400 a month with a deductible of $17,000 for family. which is crazy but her old plan was $260 with a $500 deductible, much more affordable and she was with blue cross blue shield for years. she is happy to have coverage that it is paying out of pocket and can't get a plan on the exchange as of right now. tracy: the system wasn't truly tested for all the different variables. that is a silly glitch that her children are american-born citizens and are popping up as not. >> she spent two months trying to sign up for obamacare. we keep hearing experts going back and forth saying will people sign up? she really wants coverage for herself, her husband and five kids and literally cannot sign
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up. she has the stock exchange plan and reached out to state attorneys general in michigan and has spoken with several congressman who did confirm she went to them for health but healthcare.gov representatives said they can't comment on individual cases but people in shannon's situation should reset their application, get on the phone with a navigator, she spent 20 hours on the phone trying to figure this out. so she is hoping paying attention to the story will get her signed up. all she wants is health care at the end of the day. ashley: this is just one story out of millions out there. tracy: all these families with different variables -- not going to do with themselves and of the navigator can handle it this will go on for months and months. >> we have a few months left in open enrollment, hopefully these wrinkles will be ironed out and people like shannon can get
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coverage. ashley: appreciate it. 17,000. a lot of of of pocket money. with five kids. on to something happier. tracy: tried a wine with me segment. the new wine diet on it for a while now. that new year's resolution, and drinking wine, will make some good recommendations. ashley: a way to keep track of killer sharks before they hit the beaches on twitter. amazing story. tracy: as we do every day, take a look at the 10 and 30 year treasury. just under that 3% mark, 2.98%. we will be right back. ♪ [ male announr ] this is the story of the lile room over the pizza place at 315 cnut street. the modest first floor bedroom in talln, tonia and the dusty basement at 1406 35th street. it is the story of the old dining room table at 25th and hoffman avenue.
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the southbound bus barreling down i-95. ...and the second floor above the strip mall at roble and el camino. ♪ this magic moment it is the story of where every gre idea begins. ♪ so different and so new where those th endless vion and an equal amount oaudaciousness believed they had the power to do more. time and time again. ♪ and then, it happene at dell, we're honored to be part of some of the world's great stories. stories that began much the same way ours did. in a lite dorm room -- # 2713. ♪ this magic moment ♪ justy talking to a helmet. it grabbed the patient's record before we even picked himp. it found out the doctor we needed was at st. anne's. wiggle your toes. [ driver ] and it got his okay on treatment from miles away. it even pulled strings with the stoplights.
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my ambulance talks with smoke alarms and pilots and adium but, of course, 's a good listener too. [ femalennouncer ] today cisco is connecting the internet of everything. so everything works like never before. tracy: time for your fox business brief. between the >> bolognese any the merchandising agreement with martha stewart living on the media apparently stalled out according to dow jones. the tweet retailers failed to reach an agreement, forced to resolve the dispute. back barry filed a patent infringement lawsuit against other products. the company's copying blackberry keyboard designs. the keyboard keys designed to attached to iphones, it was co-founded by ryan seacrest. emergency manager kevin or testified in federal court that
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an $165 million settlement reached between the city and two banks, bank of america should proceed. the judge overseeing detroit's bankruptcy is reviewing the deal. the latest from the fox business network on this snowy friday giving you the power to prosper.
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tracy: holiday season in the rearview mirror everyone trying to stay true to their resolution doesn't mean you have to forgo the glass of wine. the president joins us with some local alternatives. let's talk about business big picture. tell us what you do first. >> we are the largest wine importer in the u.s. we represent 31 brands from ten countries around the world. tracy: one of the busiest, josh is here so what do you see big picture as far as the wine
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industry goes? >> wine has grown through the recession and had pretty good growth last year. continuing to borrow but saw slower growth in november and december which took a lot of people by surprise. tracy: how come? >> november was a strange month, we had a week less between thanksgiving and christmas so we are trying to sort that out but as the company we are growing share but the total category as well. tracy: you are doing well compared to the total academy. a good price point your wines are not the $100 caps. >> the most impressive price segment is this can to $15 segment which is still showing 10% growth, overall line growth has grown at -- tracy: that is your sweet spot. >> it is. tracy: everyone calorie conscious, this is your idea to talk about this. the alcohol content kills you. >> december was all about big
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celebrations and opulence and bringing out expensive champagne to impress everybody. january is about hunkering down, everyday wine would be nice to talk to your viewers about and wines that are really good quality but a little lower in calories. tracy: call about alcohol content. which is why it is taking off. >> campaign is lovely but at $40 a bottle you can't drink it all year round. it is a great alternative. it is a region in northern italy, and a beautiful sparkling wine at $15 a bottle that is affordable enough to drink every day. tracy: the red lands are hot because i am a big band fan. it is not a straight cabernet. there are other great things. >> you can make interesting wines by blending and they are hot at a lot of price points. we got into this category with yellow tail in the past year
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because we wanted to offer something at $8 as good as things selling for double. $8 for a big bold red and as good that cost twice as much. tracy: i have become a fan of pinot noir. that is lower alcohol, later in theory, it makes you happy? >> that tends to be picked less right and alcohol contents are lower and calories are lower and this is 120 calories a glass. of big cap, 180 calories so this is feared less and makes beautiful pinot noir at $11 a bottle. tracy: it is price conscious and calorie conscious. but they are still big, people want their full blown 100% cap. >> they are great and more power to them and we love them but for a wine you want to drink every day to have with the burger,
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slice of pizza, $15, just over 120 calories a glass is -- tracy: i know the story, the winemaker made the first one, makes you feel good when you know the story behind these which is why you picked it up. >> it is all about authenticity, joseph car created it as a tribute to his dad whose nickname was josh. tracy: when you look for new wines to pick up as an importer what are you looking for? >> trying to follow a tradition set by bill and peter deutsch who built this company and was all about creating businesses to offer high-quality wine. that is what the company does. sounds simple but it has been a successful recipe. tracy: what you going to pour yourself tonight? >> probably sangria which is always a value category. made from organically grown grapes and i antioxidant fruit juices, something that is good quality but also at a time when
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people are conscious about new year's resolutions this fits in. tracy: in my note it said there are entire accidents in it, even better. you are going to tell me that. vitamins. thank you so much. thanks. ashley: you lose weight, that is what we have been saying since the beginning. let's look at the markets for u.s. we finish up, has been a holiday week, we get back to normal next monday. let's look at these markets, the dow up 44 points, strange ride for the dow, started strongly, lost its steam and picked up a little bit up 35 points, nasdaq moving slightly down a quarter of 1%, the s&p where it started today above fraction of 1% as you can see. look at oil under pressure now, supplies dropping but the price going down with it. $93.96 a barrel. u.s. production picking up as we have seen in the latest reports
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down $1.50. one of the big winners this week has been gold. a lot of money piling back into gold. we had a rough year in 2013 but there are those out there who say it has gone low enough for people, it is time to jump back in, up $11.90, $1,237 per troy ounce. it is time for your tech minute. from moody's to tablet's dreamworks partnering with a technology company to make tablets for kids, the maker of the tablet computer that will have the ability to be programmed much like a cable channel where dreamworks could put out a new character every moment of the day. eight inch version of this is reportedly due to hit store shelves this spring retailing for $300. dreamworks up over 114% in the
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past year. today full modest gains still moving slightly higher. putting a pin in interest expansion plans, the judge ruled that it does not have the right to trademark the name in the region. the court ruled in favor of london-based social news aggregations startup premium interest. the americantheinterest will have to get a license from premium interest's interest raised 229 funding in october with specific plans to use that money for international expansion. they will appeal the decision. this is a cool story. taking a bite out of safety, tweeting via sharks. the australian government created the shark monitoring network. acoustic tags are attached to the fins of sharks. when a shark swims within range of one of the monitors, size and location is recorded. the tweet is sent warning to beachgoers. you get that tweet you get out of the water.
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you will be taking your personal devices into the water anyway. check this week from earlier today, a volunteer not-for-profit community service association, aircraft from wild blue helicopters sighted a three meter, 10 foot bronze whalers shark 30 to 50 miles off shore australia south of paris. this is great if the shark has been tagged but what about the tags, the sharks out there that haven't been tagged? there have got to be some. kind of cool but it means every shark was ted then you are good but -- jasonmac no problem getting those tweets from home. ben bernanke giving what is expected to be his final speech as chairman of the fed. economists in philadelphia, the federal reserve is no less
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committed to accommodative policy, trimmed its bond buying stimulus. ben bernanke who stepped down at the end of the month is giving an update assessment of the economy but the recovery remains incomplete which means he said nothing. don't forget the nfl tv wild card blackout threat. dennis kneale with the way for you to watch the game even if they are not on the big old tv. ashley: warren buffett's market lost, something he hasn't missed in 44 years. what is it? keep it right here. we will be right back. ♪ [ male announcer ] this m has an accomplished research and alytical group at his disposal. ♪ but even more pressive is how he puts it to work for his clients. ♪
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morning. morning. thanks for meeting so early. oh, it's not a big deal at all. come on in. [ male announcer ] it's how eard jones makes sense of investing. ♪
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ashley: we are down to the wire. one of the four wild card players game set for the weekend still could be blacked out but might the internet come to the rescue? dennis kneale collins as with the latest. dennis: then there was one. three of four games faced a blackout threat but only the cincinnati bengals have the wild card playoff game as the deadline approaches later today. as the week begins only the philadelphia eagles sold out their home game on saturday, against the new orleans saints but the indianapolis colts managed to sell all seats yesterday for their early game saturday hosting the kansas city chiefs and on sunday green bay packers managed to avoid a local blackout for their game against the 49ers leaving only the cincinnati bengals taking black all locally to their game sunday hosting the san diego chargers on cbs. but wait. live streaming the playoff games on the internet so a blackout
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does the send maybe fans will do fine watching over the internet but there's a snag. i heard moments ago from a cbs official who says if the blackout goes forward it will be blacked out in the online as well in cincinnati. how cbs could stop an intrepid internet user from sidestepping that blocked access the game somehow somewhere on the global internet? we will see. this bengals block out threat comes as federal communications commission weighs whether to lift the decades old black felt rule for local tv coverage of nfl games, the internet made that restriction obsolete. cbs is talking about a geo block meaning you can't get it. don't know how you can do that. get your local system to go ahead and block it on internet access but what about elsewhere? what about some server in china? tracy: i'd bet you what happened
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is somebody -- that will happen. ashley: many people who can't get to the game helped through taxes, help pay for the stadium begetting blacked out. >> the seer in electronic are reacting to media sites and the syrians might step in and help cincinnati. tracy: where is a hacker when you need him? leopold vanilla, s&p 500 from last year, you did better than the oracle of omaha. warren buffett will likely report berkshire hathaway missed its target. say it isn't so. beating the s&p 500 for the first time in 44 years according to insiders. based on latest data the s&p 500 had 128% returns is versus berkshire's book value which was up 80%.
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nothing to sneeze at. that is as of september a 30th. analysts don't expect it to make that much gain to make up the difference. score one for the little guy, i guess. ashley: it had to happen one of these days. remarkable ride for the s&p and after 44 years. tracy: you had to believe it would catch up. that is just me. ashley: started new streak. and tracy: and "countdown to the closing bell" december car sales are out. we will tell you who knocked it out of the park and what it means for investors. i will sit down with bob carter, vice president of toyota motor sales and ask why toyota is seeing the most growth and which one of its cars outsold the competition. cheryl casone in tte studio, dow up 54 points. don't go anywhere. [ male annouer ] me jill. and she might have if notor kari,
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the modest first floor bedroom in talln, tonia and the dusty basement at 1406 35th street. it is the story of the old dining room table at 25th and hoffman avenue. the southbound bus barreling down i-95. ...and the second floor above the strip mall at roble and el camino. ♪ this magic moment it is the story of where every gre idea begins. ♪ so different and so new where those with endless vision and an equal amount oaudaciousness believed they had the power to do more. time and time ain. ♪ and then, it happene at dell, we're honored to be part of some of the world's great stories. storiethat began much the same way ours did. in a lite dorm room -- # 2713. ♪ this magic moment ♪ ♪ ♪
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cheryl: hello, everyone, i'm cheryl casone, it is the last hour of trading, and stocks are mixed on wall street at this hour, but some car companies roaring ahead thanks to robust 2013 sales even though their december numbers disappointed many analysts. u.s. annual sales of ford just 11% in 2013, that is a six-year high. and it was helped by strong pickup and truck sales. in fact, one in every three vehicles sold in the u.s. was an f series truck. chrysler's annual sales jumping 9%, chrysler sold over 1.8 million cars and trucks back in 2013, just two days ago, and that is a 150,000 increase over the yeaa before. it was led by record global sales of their jeep brand vehicles. there you go. now, december was a down month for general motors, but its

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