saying europe's highest court was wrong in ruling that individuals have the right to remove themselves from search results. in singapore, monk hill ventures are developing a ruling i should say against individuals who have privacy concerns as well. more on that story in a moment. meantime though we're going to turn things over to melissa francis of the she has the next hour for you. i will talk about the singapore story tomorrow actually, melissa. we'll turn things over to you with the market down more than 1%. melissa: we'll look forward to that. right now the markets really selling off. what business billionaire hedge fund manager david tepper knows that the markets may just be figuring out. growing nervousness on wall street as stocks nosedive. all the gossip fit to print? jill abramson out as executive editor of "the new york times." the huge controversy and why you may not want to jump to conclusions. media buzz's howard kurtz is here.

fast-food giving workers like mcdonald's, kfc, taco bell, striking over low pay. we're live in oakland as protesters make their case. even when they say it is not, it is always about money! melissa: tough day for the markets. look at that! all three major averages down more than 1%. let's bring in the panel. jo ling kent, jack otter from "barron's" and james frischling from new oak. what do you make of this market, james? >> ten per is pretty good guy. he speaks his mind. i don't think he talks his book. melissa: you don't think he talks his book. that is what a lot of folks think. he knew this, he watched the market and he is profiting. >> i say he doesn't care. what i mean there is a time to make money. a time to protect yourself. market all-time highs. fed thrown everything they can including kitchen sink with this

i think he is telling people to take a little money off. melissa: we've been saying it for a while. why now? what is the tipping point, jack? >> we've been seeing this already in the market. small caps are in correction, down 11%. a flight to safety, glamour stocks, tesla, groupon, have been hammered. no surprise, the risk-on trade is off. it is now risk-off. even the big stocks. melissa: he makes a great point. russell is canary in the coal mine. down officially 10% correction territory from its high. >> dow chemical too. another sector to watch. chemicals are rarely down. they were down this morning. we were talking to a couple of analysts about this they're down 3.4% right now. this is similar to the theme these guys are talking about here. melissa: yeah. the wage rage hits international stage. fast-food workers striking in 150 cities across the u.s. protests in more than 30 countries around the world taking place in support. what do you think about this one? >> i think this is just an

example of the unrest that was kind of inevitable. i'm a huge ten every fan buddy of mine, hates to trade against tepper, but his salary or his income is representative of pain that we're seeing people kind of lash out against. melissa: what does tepper have to do with it? >> 26 guys, one of them being david tepper, make more money than all kindergarten teachers combined. at some point -- melissa: what do these two metrics have to do with each other? >> fast-food workers are lashing out. melissa: they're like kindergarten teach officers. >> they're not getting paid a lot. seeing people getting paid enormous sums of money taxed is a%. me too. i want a pies of the pie. melissa: really? they're on par with david tepper, jobs they can create, money they can make. >> they're lashing out what they see inequality. i'm not saying it is logical. i think that is force you're seeing. melissa: real quick. >> goal is admirable and unreal listtic. it will cost jobs. weren't happen.

attacking companies that employ so many million people. you're hitting franchisees. not the company. melissa: that's a great point. we'll hear from one of the people fighting for $15 an hour coming up later in the show. protests could not stop fcc moving forward on internet regulations this could be a game-changer for silicon alley and service providers like comcast and verizon. how will it affect consumer at home, jo? >> very possible if the fcc does get the rule approved, which it has not, gets approved after entire comment period it could hit consumer wallets very hard. depends on what types of companies -- melissa: what does it really mean if what is happening? the government will get involved and try to regulate who can go faster or slower? break it down for people. what does it mean? >> fcc proposed rules that might allow for a fast lane. after the rule is proposed there is 100 something day comment period people including companies can weigh in on this

at which point they go back and rejigger rules. melissa: according to pew research, this story really got my attention. median net worth of college graduates under 40, is nearly $8700. so they're nearing 40. if they put together, do a p&l for themselves they're worth 8,000 bucks. >> partly because the liability side. they have got these loans. melissa: student debt. >> exactly. it is rough. only thing you can say though, at least they have got that degree. because if they didn't have the degree -- melissa: i don't know. if you look at it, a fraction of the $64,700, the same age group is worth without college loans. that is college debt without college debt. look at that. go ahead. >> if they run the study 15 years from now it will be even worse. cost of tuition in colleges is soaring. student loan market is something we think is the next big mess. generation coming out indebted. housing standards are tighter. this group can not buy a home. you're creating indebted generation.

will be a bigger mess. melissa: the problem we sold this story college degree was ticket to success, any college degree. so people went out and got very expensive education at colleges maybe weren't worth it with degrees maybe yo a job and went into great debt. we're not saying it doesn't pay to go to college. you have to be a smart shopper. don't pay for really expensive private school where no one is getting a job afterwards, right, jo. >> exactly. that is the catch 22. pew has done the research. over long term if you do have a college degree you earn $57,000 a year versus 32 thou without one. there is a payoff. melissa: be a smart shopper. >> selecting where you go and afford it. >> and be in line how much you spend what you expect to do. if you're econ major top of your class you may very well go into business where the loan is not that big of a deal. if you're a kindergarten teacher don't spend -- melissa: that got you in trouble. >> what can i say. melissa: you lost that. of the. >> i'm not letting it go. melissa: i respect that. that is another thing to add to his resume'.

tv star. oprah's network own, will produce a documentary series about his journey through training cam. what do you think of this one? >> i love michael sam's jersey was second hottest rookie jersey behind johnny manziel. i don't like the documentary. play football. melissa: big distraction, very beginning of your professional career, first thing you do have cameras following around. >> the resentment that builds up in the locker room. melissa: he should focus on the main job. i can hear coaches saying focus on your day job and worry about your tv job a little bit later down the line? >> that is certainly the case. on my first day here, you never want to bring a whole load of cameras. you're still finding the bathroom. where is the hallway to the studio. melissa: where's the water? exactly, yeah. thanks, guys. so some sweaty palms on wall street. billionaire david tepper sounding the alarm on state of the market. saying it is time to get nervous

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melissa: the good times might be coming to an end here. billionaire investor david tepper sounding the alarm at the salt conference saying that the market is dangerous right now and considering today's selloff is he right? our very own charlie gasparino is at the salt conference with more. is the reaction there as big as it is on wall street? >> everybody kind of, just for the viewers should know this, fox business has been talking about this for a couple days now. this was the highlight, david tepper who runs the appaloosa hedge fund, one of the best investors out there. you know, listen the markets are off pretty wildly. if you listen to his remarks as i did, they weren't as dire as i think the market is taking them. but he did say point-blank he thinks we're in a dangerous

period in the market. everybody is worrying about, you know, tapering. is that, how much of an impact that is going to have and with whether tapering matter anymore. at some point the markets impact the economy. what tepper brought up is the lousy gdp print which he thinks is not indicative of calamity but indicative of a slowing economy. he is talking about if the ecb doesn't lower, do some easing, if corporate profits don't kick in better, you know, this market can get wobbly and wobbly pretty fast. that is at least according to him. melissa: you're there for the perspective. what was the response like? were people shaking their heads, yes, i agree with that, i've been thinking about that for a while or did people look more surprised when he said that? what was everyone like? no, i think most people, hard to tell, you're in vegas. i can't tell how many drinks they had. melissa: there is that. >> it was at the end of the day

but listen, i was live tweeting it. the headlines, we were probably first with the headlines. the headlines started going out there. you know, listen, everybody is talking at this conference about deflation. don't ask me why. i can, ten per mentioned that a lot. -- tepper. there is worry about deflation kicking in. the economy, then it gets squirrly. hard to understand policy. if you have deflation, when you're basically printing money, you're -- melissa: you are screwed. that is worst-case scenario. >> that is it. that is one of the things he brought up. there is a theme throughout the conference. in these private meetings which i got, i went to a private meeting earlier in the week with gary gary kaminsky over at morgan stanley, there was significant talk about deflation. listen, we sit around here and talk about insulation constantly because of all the money printing and sort of headline fear but you know, if you're printing money and your economy is growing as tepidly as we're

growing, and you know you got troubles in china and maybe in the european union and various places, start think about that. melissa: don't move. we want to bring in the rest of the panel. jim frischling is back with united advisors scott martin and chatwood fund jared levy. scott martin, i will start with you, what's your reaction? >> that is something to be concerned about. one thing david tepper did say he is not short this market. >> that's right. >> he is on the sidelines but don't kind of go against it. charlie brought up a really important point though, melissa. if you take away the fed's support we have here in the u.s., if you take away all the central bank efforts, japan comes to mind around the world, then you might see this market fall faster than say, johnny manziel did in the nfl draft last week because that is what is really going on here. all the central bank intervention is keeping that risk appetite for investors high because nobody wants to buy bond with rates so low. melissa: jared, what is your reaction? >> first of all that is happening around the world.

scott brings up a good point. central bank intervention is happening around the world. by the way deflation is near term effect. why? there is nobody to buy goods. look at china's slowing economy. look at our slowing economy. japan i think is bigger risk. real quick. this is important. i don't think tepper is the cause of today's pullback. i respect his opinion. i respect him as investor. he is obviously brilliant but if you look from 1997 almost to 2,000, he had almost like 13 years of just complete constant growth in the markets, talking about appreciation without a major pullback. we have only two greater than 20% pullbacks since that last time. by the way, recovery over past five years we had one 15% correction. real short. we're we know we're in times of a heady market. i see we little pullback five or 10% but i don't see a big correction. melissa: jim? >> house something weaker, market fairly benign, gdp weak. the economy is not keeping up with the markets.

tepper is realizing and charlie said it, this has been a fed fueled rally. economy is not keeping off. a little money off the table is not a bad thing. melissa: yeah. charlie what is next there? >> believe it or not i'm going to dinner with francis ford coppola tonight. melissa: that is important. >> i find out why he cast his daughter in number three. melissa: right. >> now there's just a bunch of panel discussions. valerie jarrett is speak at some point, presidential advisor and i will report back. melissa: real quick, scott martin, are you selling this market today. >> i would not. if i had cash on the sidelines, most of our money is in, i would be buying. melissa: guys, thank you so much. man's best friend saving some lives. you have to hear how dogs are four times more accurate at sniffing out some cancers than even the most expensive tests. dr. manny is here with the details. plus, the teeny tiny coke kiosks is across germany. very cute, surprisingly practical. don't move, do you ever have too

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i would email the phone company to inquire as to why they have shortchanged these customers. but that would require wifi. switch to comcast business internet and get two wifi networks included. comcast business built for business. melissa: from u.s., every corner of the globe money is flying around the world, starting in france, with the prime minister has signed a decree giving him power to block foreign takeovers of french businesses. the move strengthens his hand, in the battle for french energy assets like alstom. general electric wants to acquire alstom's operations, hard to say by the way, for more than 13 bill dollars. over to switzerland where christie's set a new record for a top jewelry auction with this gorgeous blue diamond. wow. christie's rebaining top auction

title from sotheby's a day after losing it. swatch group harry winston, bought the 13-carat rock, for a school $24 million. i can't even speak because it is so gorgeous. i must have it! no. landing in germany where coca-cola has been launching teeny, tiny key of courses to promote its sodas. kiosks. selling customers little cans much coke. i love them. the kiosk comes complete with other shrunken products with pastries. i don't know, i think it is cute. back to the u.s. where measles is making quite a mess. ohio having a rough go with largest outbreak in two decades. nearly 200 cases reported across the country. how did this happen? dr. manny is back with us. i thought we have a measles vaccine. >> we have a measles vaccine. melissa: what is the deal? >> people are not vaccinating children on time. we have global traffic of a lot

of people coming to this country from areas we have majorout breaks like philippines and things like that. they're not properly vaccinated. pockets of 200 cases, 100 cases even here in new york. this is a problem. if you go back to the 1960s millions of would get the measles. thousands of people would die from the measles. there was a tremendous effort once the vaccine came out, look, let's get rid of this problem. we have these pockets. it will be a chronic problem for a long time. melissa: people believe the vaccine is dangerous. >> let's not get into that. melissa: let's not get into that. all right. on the flipside there is this wombat he willing blood cancer for 10 years. she was injected with enough measles virus for 10 million people? >> right. melissa: and it cured her cancer? >> this is the field of using viruses to treat cancer. this is an ongoing field. talking about vaccine therapy for cancer.

basically the concept is measles virus has high affinity for cancer cells. she had multiple myeloma. the viruses in large quantities get inside the cancer zest. the cancer cells implode because it can not hold at this time e it anymore and immune system does the rest. it was 100% remission. melissa: wow. >> another girl had pain cancer where they used polio vaccine and same principle, what is the danger taking a measles virus enough to treat 100 people. >> you could theoretically damage the immune system. there are guillain-barre syndrome it could -- the future of cancer therapy will include for sure a vaccine arm. melissa: wow. >> yeah. melissa: man's best friend could be the key to protecting his manhood? medical detection dogs are

putting keen sense of smell to a good use. they have been shown to accurately detect prostate cancer, 90% of the time. meantime traditional tests are reportly wrong nearly 75% of the time. so you have dog-sniffing out prostate cancer. i don't want to make the very obvious -- >> no. it is in europe. let me, let me tell you this. o look at odorsies coming out of cancer cells because every cancer cell has a unique odor. melissa: it is smelling a pietri dish. >> smelling peof the individual. melissa: even more gross. >> this is science. talking about medical dollars here. we're not going to sell cupcakes. therefore, yes accuracy of dogs they have a very unique smell sensitivity. but i tell you the field of, the by-products of cancer cells is something that machines testing smell comes out of your breath when it comes to lung cancer. this is something that is real.

this is not fake. melissa: we have machines for this though. why are we using dogs? the dogs are more act e accurate? >> the dogs are very accurate. when you have liquid like urine may have prostate cancer cell by-products in it they can identify it. you know, listen we still get truffles from pigs in france. melissa: that's true. dr. manny, thank you so much. >> you're welcome, thank you. melissa: wage rage on a global scale. fast-food workers take to the streets to demand a $15 minimum wage but are they aiming too high? tweet me and tell me what you think. after a nice run, investors are throwing on the brakes today. it is red across the board. as today's big selloff rolls on. the dow is down 187. we have "piles of money" coming up. ♪. ♪

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melissa: wage rage boiling over as thousands of fast food workers are hitting the streets in protest. we are seeing a major flash point in the u.s. with walkouts and worker demonstrations for a $15 minimum wage taking place in more than a hundred cities. joining me is a taco bell employee in oakland. we appreciate your time. >> you're welcome. melissa: are you supposed to be at work today? did you take the day off? >> yeah, i just -- i'm, actually, scheduled to work today, but i'm not coming in. i'm striking with my fellow coworkers. melissa: and what is the reaction? does your boss know, i mean, if they watch television now they know for sure, but did they know that's why you're not coming in

today? >> oh, yeah. he definitely knows. melissa: what did he say to you? >> i'm sure he's not too happy about it, but, you know, i'm standing up for what i believe in, and, you know, i'm sure he understands that, but he's a businessman as well. so, you know, he probably won't agree with my views. melissa: and what you're saying is that you want $15 an hour, basically. what is your argument? make it for us here on tv. >> my argument is, yes, for $15 an hour plus the right to unionize without retaliation from management. melissa: i don't know if you know this, but the congressional budget office went ahead and did a study of what would happen if wages were raised to $15, and they said as many as half a million people would lose their job. are you worried that if wages went up, you would lose your job? and if you didn't, how would you feel about other folks who lost their job while you got more pay? >> well, i'm pretty sure that

people won't lose their jobs. like mcdonald's, for example, i've done some research myself, and if they raise the prizes of the pig mac -- prices of the big mac just 20 cents, they would be able to pay all of their workers $15 an hour no problem. melissa: i mean, i don't want to argue statistics. u-mass amherst found pushing the minimum wage to $15 would raise prices by 50 president. when you go out to eat, could you afford to pay more for these items? >> well, see, the thing is that right now i wouldn't be able to afford it. right now i only make $9.25. but if my pay was increased, i would be able to afford it, you know? i would love to shop locally, but i can't. it's way too expensive, you know? melissa: by that logic, they're giving you more money, and you're giving it right back to them. isn't that frustrating? >> i mean, not really. i believe that it'll actually

help the economy grow. melissa: okay. you're 24 years old. have you taken steps, i mean, this is supposed to be an entry-level job. are you taking steps in your life to do something else down the line? what do you see for your future? >> oh, yes. right now i actually have two jobs. i work at a restaurant as well as kfc/taco bell, and i'm also attending school with a degree in humanities and photography, and if everything goes right, i should be graduating by next year. melissa: good luck to you -- >> and i don't -- melissa: go ahead, finish. i didn't want to cut you off. >> oh, i was done. melissa: okay. good luck to you. thank you for coming on the show, and good luck getting your degree as well. thank you. >> okay, thank you. melissa: let's go to our panel for some reaction. dominic is here along with jack otter and scott martin as well. dominic, i'll let you go first. what do you think? >> look, i understand going after the golden arches, it's a big corporation. the truth is most of these

franchises are owned by small bids owners. if you look at the average sales of a mcdonald's, it's $2.7 million a year gross sales, $7500 a day. you increase these wages by 10, 15, 20%, profits are gone. so they either have to raise prices and lose sales, or they have to start laying people off. melissa: i'm more concerned that she's got a liberal arts degree, she's getting a degree in photography. she went to school, and i don't know that she's going to find a better job than mcdonald's. i'm really worried about her. >> being a photographer, you probably have to do a part-time job as mcdonald's. my bigger problem here is i think all these people should seattle, mcdonald's protesters shooting for $15 is way overshooting. i understand, what, she was making $9.25? i can't imagine trying to make ends meet on that. but asking a business to boost wages by 50%, you know, if they could do that, the franchise

owner would be driving a mercedes to work every day, and they're not. melissa: and, scott, i don't think you can make ends meet on $9.75 or $10.10 or $15 for that matter. that's why these are starter, part-time jobs, right? >> that's true. and to your point, melissa, what happens when that wage goes up is the cost of all the goods they are selling -- melissa: she was okay with that. >> everybody pays for it. well, i don't think she thought that through. i think that threw her off. that doesn't help the economy. that was her response, and i don't think that does help, that kind of food inflation. here's the scary point real quick, this is not just a u.s. phenomenon, this is now becoming a global one. and if you look at mcdonald's earnings, five years ago it was mostly u.s. and europe and not very much emerging markets. now that emerging markets component is about half. so that's really big considering this is bulling up into more of a global issue where mcdonald's gets a lot of their profits in areas where they're protesting as well. melissa: and, dominic, we're always saying mcdonald's,

mcdonald's, mcdonald's. why are they the guys -- >> well, they've got the golden arches, they're the brand. melissa: brand under -- >> entry-level jobs. these are supposed to be college kids and high school kids. they're not supposed to be parents with kids' jobs, senior citizens. we should be focusing on why aren't we creating real jobs in the economy instead of why we're paying $9 an hour. melissa: great point to end on. all right, "the new york times" shocker, the drama behind jill abramson's sudden exit. is it all about gender? or is that just a little bit too easy? at the end of the day, it's all about "money." ♪ ♪ if you've got copd like me... ...hey breathing's hard. know the feeling? copd includes emphysema and chronic bronchitis. spiriva is a once-daily inhaled copd maintenance treatment

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♪ ♪ >> i'm cheryl casone with your fox business brief. home builder confidence taking another hit in the month of may falling to a one-year low, any rating below 50 means more builders see conditions as poor. the reading came in at 45. april was also revised lower. the last few months, as you can see, have been under purchase. nihb ceo jerry howard tells fox business this isn't a housing story, it's part of a bigger economic problem. >> the economy is murky, so builders in the housing sector is down, and the hosing sector which is an economic driver

can't get better. so housing is dragging down the economy, and the economy is keeping housing flat. >> he also says the housing recovery won't improve until congress makes a definitive decision on the future of fannie and freddie. taking a look at the stocks, rough day for all of them. i'm cheryl casone, that's the latest. all stations come over to mission a for a final go.

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let's go to nicole petallides at the floor of the new york stock exchange. are they blaming it on ten -- tepper or something bigger? >> that's obviously part of it, a billionaire manager saying he's cautious, that's part of it. while jobless claims and also manufacturing showed some promise. so those were, we did get mixed bag as far as economic news, and even on the earnings front we got good news out of cisco systems where they're seeing growth in north america, cisco systems is a star whereas on the other hand you're seeing walmart giving a weaker outlook. it is a mixed picture today, a hot of people keeping a keen eye on the ten-year bond which right now is at 2.50%, hovering around six month lows. that's something else as well. materials are weak, oil and gas weak, financials continue to be weak not only for today, but for the whole year. melissa: nicole, thank you so

much. huge controversy hitting "the new york times." the gray lady ousts jill abramson as executive editor. they replace her with dean bouquet, all this dirty laundry airing as abramson gets ready to speak at wake forest's graduation on monday. is it too easy to say this is all about gender? we have jo ling kent. howard, this is my problem, maybe the pay was unequal, but how do we know it was because she was a woman? if they said in the first place they hired herr because she was -- her because she was a woman, everyone would go bananas. >> there's a substantial difference between what jill abramson was paid and what her predecessor was paid. i'll tell you one other thing, the way in which she was publicly humiliated and hung out to dry, i've seen lots of male media -- melissa: you think that's because she was a woman, they hung her out to dry like this

pause she's a woman? >> well, rather than doing the polite, jill and i have been talking, and she really wants to travel around the world. she was treated pretty shabbily. melissa: you think that was because she was a woman, not because she was a giant pain in the ass, because she was a woman is why they gave her such a bad time? >> i'm not going that far, but there have been a lot of men at "the new york times" who have been giant pains in the ass, and when people say she was pushy. i know jill, she's not a warm and fuzzy personality, but some of that has a whiff of sexism. >> i went straight to the earnings report, and if you look at how editorial pushes the business side, if you look at ad revenue, that was up. subscribers, digital subscribers also up. overall revenue, also up. so if you look at the money behind it -- melissa: she was doing well. >> -- definitely raises some questions, but that does not

necessarily what management should look like which is what the most recent memo was saying was supposedly the issue. melissa: howard, you have followed this industry so closely for so long, you know absolutely everyone out here. what are you really hearing? what happened? >> what happened is that jill abramson, you know, ticked off her constituency of one, the guy that she works for, and here's part of how she did it. she didn't have a great relationship with her deputy who now takes over as the first african-american in the paper's history -- melissa: don't say that's why he was hired. i'm just kidding. it was a bad joke. go ahead. >> pulitzer prize winner who had run the los angeles times and a very good journalist. but at the same time, jill tries to bring in another woman from the guardian and to give that woman the same title as dean, and he was offended by that. so, you know, she wasn't a very good practitioner of office politics, and that has nothing to do with gender, in my view. melissa: and, jo, you're hearing it's about management style. >> that's what we're seeing from

the memos coming out of "the new york times" on on the internal level. melissa: all right, thanks to both of you. howard, thanks for sticking around during the show. huge down day in the markets, you're going to want to stay with fox business. liz claman takes us through all of it. liz, busy day for you. liz: indeed. and we've got protests in d.c., we've got the housing numbers that looked very weak, to we've got two top business leaders in both of these areas. number one, i just want to mention steve rowley is the ceo of eagle materials. this is a very important stock when it comes to actually building entire homes. he's going to give us the scoop on what he really sees on the ground. yes, we had the nahb, the national home builders sentiment number, the worst in quite a long time. i don't care, i'd rather hear from people in the trenches. we've got 'em exclusively, eagle materials. and then, of course, the net neutrality issue which is a fancy way of saying soon maybe

internet service providers may be able to charge content providers more for faster keelings. cogent provides low cost access, and we have the ceo in a fox business exclusive. his name's dave schafer, this stock up 24% year oh year, doing -- over year. doing very well. what does this mean to him as the fcc votes 3-2 to at least allow the process of rulemaking to go forward. melissa: all that and markets, thank you so much. a brilliant idea or just plain crazy? one airline taking social media to the skies with a way to pick your seat mate on facebook. you can never have too much "money." ♪ ♪ really... so our business can be on at&t's network for $175 dollars a month? yup. all five of you for $175. our clients need a lot of attention. there's unlimited talk and text. we're working deals all day. you get 10 gigabytes of data to share. what about expansion potential? add a line anytime for 15 bucks a month. low dues... great terms...

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the day. the dow getting hit the biggest on a percentage basis. all right, be careful before you like this one. south african airways is now allowing passengers to pick their seat mate using facebook. here now is travel expert mark murphy. so you use facebook -- >> yep. melissa: -- to see who's going to be on. what are you looking -- you're flying the airline. >> i'm flying south african airways. i'm going to go in and try to find someone that's got similar interests to me, because it's a 16.5-hour flight. and hen i'm going to choose that -- then i'm going to choose that seat mate and say, hey, let's sit together. but my wife's going to be really ticked off. [laughter] melissa: i was sort of ramping up to that. >> i'm taking my wife. melissa: i think a lot of people are just looking for the most attractive person to sit next to. >> yeah, yeah. melissa: maybe the smallest perp so they don't take any room? >> if you're in economy, it's a good strategy. melissa: do you think it's also really irritating in a way

because i'm not that friendly on planes. i basically want to take a nap, read a book, be in the zone. >> i understand that. it's like a mutual thing. let's face it, you're going to be flying in that cylinder, and would you rather have the ability to choose who you sit next to or get stuck with the guy that's eating the potato chips and all that other stuff? melissa: it's not a guarantee of anything. i'm not sure, i don't know if i like this. royal caribbean planning another record-sized vessel despite a wave of sick passengers and stalled ships. this blows my mind. it could cost $1.5 billion and have 16 decks. >> think of a building, right? melissa: right. >> it's massive. melissa: the largest bacteria trap of all times. >> oh, come on, cruises are great. here are the facts from the cdc. last year 1300 people got norovirus -- melissa: yeah, and they were all on the same ship. >> no, all different ships. 1300 people. the total that got it on land in the u.s.?

20 million. so do you go on the ship or stay on land? you're far more likely to get it. they define it as a cruise virus. it's not a cruise virus. melissa: you work that out on a percentage basis? i'm not really sure -- >> almost 20 million people cruised last year. melissa: $1.5 billion, the ,000 trees -- 12,000 trees? >> live plants. what they did with the oasis class ships is they created these seven areas, these seven neighborhoods, they call it. one of them is central park. and it's an inside part of the ship, and it's really cool because i've been on lord of the seas and oasis of the seas. even though you have 8500 people when fully booked with crew and passengers, never feels crowded. melissa: okay. [laughter] >> you laugh. melissa: i know. it never feels crowded, i'm sure, you know, when you're at the buffet or shoving your way down the halls. is bigger better when it comes to a cruise ship? is it more overwhelming? >> it's personal preference. melissa: more terrifying?

>> here's the deal, their stock is way up, it's almost doubled since the costa incident. it's really performing. those oasis class ships command a massive premium in that market because the demand is there from the passengers. they want the biggest, the best, the newest, and that's what they're gravitating towards. and royal caribbean's getting a great premium on those ships as a result. melissa: so when something dose wrong, it's an even -- goes wrong, it's an even bigger mess? >> that's a potential issue. melissa: you like to cruise, right in. >> i do. i go on cruises every year. melissa: i'm cruising this summer and really looking forward to it, obviously. is it just me, or are men's shorts starting to look a teeny bit shorter? from 9 inches to 5 inches, the inseam keeps on creeping up the leg. many guys around here getting nervous about this. ladies too. at the end of the day, it's all about "money" and skinny people fashion. ♪ ♪

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>> we want to draw your attention to the markets now. the dow climbed back ever so slightly. trying to rebound still down 166 points, off the lows of the sessions. it had been a tough day remarks at the conference in las vegas talking about a nervous time in the market. keep an eye on this and speed to all take you it, for sure. guys, get ready to shop. short shorts are gaining traction? as a male attractio trend, thise good for everyone. he said we are doing this segment because there are some very deliberate styles come into place like j.crew, places where men go to shop.

they can't get the genes up to show off the pink polkadot socks. shorts coming in very short. what is going on? i'm not sure all guys can pull off these things. >> not all guys can do this. some of these short pants are going up very short. look at these shorts. 5 inches long for the shorts. companies like j.crew, you go online, you can buy different pants and shorts and stuff like that. melissa: you are blushing. do you have shorts like this? >> i have great legs. but if you see me in these shorts, i will scar you for life. people like me should not be wearing those kind of things. great legs, but the waist up, not so good.

melissa: he is just being modest. i wonder about how stores like they gap and banana can be modern. most men cannot wear these and tackling things we women have gone through for ages for the fashion turns against you, a trend comes and everybody is trying to do like skinny jeans. i cannot pull those off. you turn off a big part of the population. >> a lot of these companies are suffering in some of their sales trying to pull off these trends. for women, a crop top. who can pull that off? it is very difficult. melissa: what you think? is it a good bet to follow the trend? if you don't follow the trend, your out of fashion. >> men tend to buy clothes a lot

less frequently than women. they are riding out the trend from five years ago. liz: are you writing out a trend from five years ago or did she just insult you? >> i don't wear the skinny suits, i need a suit tailored to me. i am not wearing shorts because it will not work for me. melissa: what about socks fashion? >> the thing about socks, it is available for everyone. black is fine. the issue for men, have to wear something tailored to your body. one-tenth of the population goes a quarter shorts. melissa: he's got it. we're out of time, thank you,

you are fantastic sport. that is all we have for you on this serious market day. i hope you're making money. the session down more than 1%. who better than liz claman to start right now with "countdown"? liz: as markets absorb key economic data and disappointing results from walmart, the nation's largest retailer, we are talking housing and the economy. neither can prosper without the other. the homebuilders index falling prey one year low. we get you real-time on the clock analysis from industry leaders who live and brief this stuff. the chairman and ceo, and the ceo and president of eagle materials investors can't afford to miss this. what do you get when you mashup the word want, need and love? it is a startup that issues a catalog of 12 million products which they then create wish