their outrage to go. protesters preparing to bring the wage war to company headquarters, ahead of a shareholder vote on the ceo's pay. look at that! graduation cap in hand, employers steering clear of liberal arts majors giving them a rough welcome to the real world but amazon is looking to hire. much have qualifications for much anticipated drone business. we start with breaking news from the fed. peter barnes is in washington. >> hey, melissa. most fed members felt the bad weather back in this winter was just a temporary setback for the economy but some other fed members were not convinced according to the minutes of the last fed meeting at the end of april. quote, meeting participants generally indicated that their assessment of the economic outlook had not changed materially after the big chill, quote, recent indicators pointed to a rebound moved rat growth, however, some participants remarked that it was way too early to confirm that the bounce-back in economic activity would put the economy on a path

of sustained, above-trend economic growth. now at this meeting as you recall fed members voted to taper by another $10 billion a month and recommit to keeping short-term interest rates lower for longer but minutes show they also discussed how to eventually raise rates and shrink the fed's unprecedented $4.5 trillion balance sheet but said, quote, the committees discussion of this topic was undertaken as part of prudent planning and did not imply normalization would necessarily begin sometime soon. melissa. melissa: a lot of stuff there, peter. thank you so much. for more let's bring in our panel. we have james freel man of "wall street journal," greg rayburn, kobe partners, former ceo of hostess. thanks for joining us. james, what is your reaction? >> i think the economy is improving. charles plosser, philadelphia fed president saying this week he sees rates coming higher, maybe quicker than people

expect. melissa: they said too early to see if we're on a path to above trend growth. are you kidding me? we're sure four not on above trend path growth. >> we're living in world of lower expectations given policy mix in washington. given what they have to say to keep going forward or reducing or continuing the taper, plosser's comments, the winter weather really was responsible for that first quarter and we should expect faster growth the rest of the year. melissa: greg, what do you think? >> i don't see economy, don't see the improvement in the underlying economy. i tend to side a little bit more with plosser here. melissa: yeah. >> my concern here is artificial, the money supply, money printing that has been going on is inflationary. it is going to be inflationary. melissa: right. >> commodity prices are going up to extremely high levels. melissa: they talk about being worried about deflation. we heard talk of that lately. >> i don't see that. again, it's, we have a structural problem with employment in this country.

we have lower participation rate that is woefully low. melissa: yeah. >> we have underemployment that is really significant in this country, which goes to the -- melissa: it does. speaking of that, fast-food workers are taking minimum wage fight to management. protests planned at mcdonald's headquarters at oakbrook. >> illinois as shareholders meet to vote on the ceo's pay package. we look at pictures as people are marching down the street. they were talking about bringing in 140 mcdonald's workers from around the country. they're expecting thousands of people. who is paying people to come from around the country to go in front of mcdonald's headquarters? who is paying, james. >> they are not paying a lot. if you thinks thousands of employees around the world that is not -- melissa: they say they're expecting 2,000 people. they're doing something to truck them all to headquarters. one thing they stand in front of a restaurant and they were inside and took the day off to stand outside. they can't make that claim here.

they brought them in from elsewhere. greg, you were the ceo of hostess. you dealt with hourly workers. what did you think of the whole dust-up at mcdonald's? >> this is interesting thing to me, mcdonald's this is corporate headquarters shareholder event but mcdonald's is by and large a bunch of small businesses. these are franchise owners who are running small businesses throughout the majority of these stores. melissa: right, 80% are a small business guys. >> so i think ceo pay is a red herring issue. what you're trying to say i want to force in a minimum wage and the real question i have about that is, well, this is the underemployment issue i was was getting to earlier. these were supposed to be starter jobs. when i grew up, that was a starter job. that wasn't a career, okay? melissa: yeah. >> the fundamental problems in our economy which is leading to family people, people with families and kids in these jobs, that wasn't the original intent. melissa: right. >> and trying to shove a minimum wage hike through that is wrong-headed. melissa: can't support someone

on 7.25. you can't support someone on 9.10 either. 15 bucks, working 20 hours a week, it will not do it. go ahead, james. >> look at value menu, will people pay, $2, $3, $4 for hamburger to support high wages for people at mcdonald's? probably not. they're talking about mcdonald's. we're focused for this discussion on a certain segment of the employed population but this is a problem everywhere. look at kid coming out of college. melissa: yeah. >> underemployment. limited opportunities. even kids with engineering degrees having trouble finding a job that matches their skills. melissa: yeah. >> so the problem is a lack ever opportunity. we happen to be seeing it there and everything else. melissa: speaking of that. the city with the fastest growing income inequality in the u.s. is actual san francisco. that is according to a new report. tech met dropped police has a wealth gap that is worse than some developing countries. this is, we key seeing this come to a head in san francisco. they are, they now have, basically full employment.

they're sitting what is it, 4.9, 4.8% unemployment but at the same time they have this great inequality. they're having all kinds of props over housing. look who is joining us? charlie gasparino. were you on the phone? breaking stories? working out in the gym? were you tweeting? >> doing push ups as i was talking, getting talked out of a story. melissa: okay. now i really want to hear what that story is. alas maybe succeeded talking you out of it. talking about income inequality in san francisco right now. the fact that they rank right in between rwanda and guatemala in terms of income inequality. >> i'm going to say something that may be unpopular to some people, right. melissa: uh-oh. charlie does that all the time. >> what is underlying premise of income inequality as argument, right? is everybody supposed to be equal? that is ridiculous. i look at that let's give all the kids on soccer teams a trophy. you know, what is the point of that. >> you're not alone. this is, as this french author

got a lot of attention on this issue, found to his sore re when he travels in america, unlike all other countries he has to persuade people why this is problem. a lot of audience says, i don't get it. some make more. some make less. >> only person on panel who read that book, which i did, might as well get root canals every day. i actually read the book. melissa: i want to race out and get one right now. >> most of what he says is nonsense but there is issue of income inequality particularly states like new york, very high-taxed states. very hard for small businesses to open in these places and get lower income, give lower income people jobs. barrier toententry in new york state because of tax and regulatory structure is immense. we don't have fracking in the state which would provide at love those sort of middle income jobs. that is an issue, i want to point to market. melissa: market is at session highs. >> so much for mr. plosser. melissa: almost a full percent.

market liking what they're hearing. that punchbowl is not going away. you can see the s&p is trading up 2/3 of a%. >> what did say say yesterday? what did i say yesterday? melissa: i tried to commit it to memory but failed. >> you don't listen to plosser. listen to yellen. she is holding the trigger or strings. >> she will have to listen to what plosser says. >> i don't think so. eventually, that is what we've been saying for years now. melissa: speaking of high incomes jpmorgan ceo jamie dimon is getting a raise? i don't know what happened to the prompter there. but shareholders were -- >> okay. melissa: more hesitant last year about giving him the $20 million pay package. basically what we were trying to say there is that they have their vote every year of shareholders how much they endorse the pay package. this year he received 77% approval, down from 92% last year. >> their annual masturbation session. melissa: yikes. yikes!. >> that is what it is. melissa: yikes! charlie.

>> you should call it -- >> is that airbnb segment? >> nothing. these guys get up there. jamie is not worth it. a few activists like new york city pension fund raise as little bit of a stink and they approve it. >> nobody is backing up the truck and asking him to jump in and haul him off and fire him. this is not even close. >> no major shareholder will do that. >> no. melissa: is there any sort of a loss of confidence? >> in him? melissa: yeah? >> i think in business press, we, you and i see, i like jamie personally a lot, we see a brain drain from that institution. that's a problem. that is preventing him from developing a succession plan. as you know he doesn't want to go anywhere. that is issue i think bigger than how much money he getting paid. melissa: right. >> this is big bank ceo who didn't need a bailout in 2008. last year they were afraid he would leave if they split the chairman and ceo title. that is why he got a bigger vote last year. this year i think you can make

the case a little vague basically the performance targets are. thank you, jamie, making federal nonsense go away. it is quieter. we'll pay you. but no specific financial targets. melissa: what we're talking about is so ridiculous anyway. 20 million in 2013. 11 million in 2012. that was punishment for the "london whale." i would be love to be punished with $11 million. 23 in all other years. >> he earned, jpmorgan earned $11 billion last year after paying 14 billion. what am i missing here? >> at end of the day it is a best in breed company. >> yeah. >> in its sector. >> still too big. >> well, that is different issue. melissa: gentlemen, thank you so much. charlie, thank you for coming in. we appreciate it. food truck industry is going to pot. we're going to seattle with a dining destination perfect for your high noon hunger. leaving china with 400 billion reasons to celebrate. vladmir putin sticking it to the west with a deal for the ages and causing some major headaches

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melissa: markets gains fading after hitting session highs on the fed news. james romelli is at cme with more on this one. why are we fading? >> right. we're coming off the highs a little bit here. i don't think it has too much to do with the minutes. there wasn't really any bombshells or anything we didn't expect in those minutes but we're trading at a key resistance level in the s&p futures. we made new highs in the past week. we spent most of time between 1660 and 1880. no more data this week and shortened week next week, the vix is approaching 12. i think markets are expecting choppy price action for next couple weeks here. melissa: james, thank you so much. a news alert. pictures from the white house as the president obama honors the super bowl champion seattle seahawks. this comes after the team's 43-8 victory over the denver broncos

in super bowl xlviii. at same moment he is doing that you can bet that vladmir putin is thumping his infamous bare chest today. russia's president, successfully signing a $400 billion gas deal with china. this is aggressive shift of commercial interests east amid sanctions from the u.s. and europe over ukraine. fox news national security analyst, kt mcfarland, platts global director of news john kingston and steve moore. steve, talk about the optics of the president right now, i'm sure we have live picture of president greeting seattle seahawks of the he is focused on football while right now vladmir putin is striking a deal with china. >> why does he have to remind us of that god awful super bowl. melissa: yeah. >> look, i actually think this is a real by big story, melissa pause what you've got here is a big energy partnership between two of our most important economic and military rivals in

russia and china and basically what this involves is, building hundreds of miles of pipeline so they can connect these two countries so they can provide oil and gas. melissa: yeah. >> it's a big story. look we want to be the big player on the global stage in terms of energy and we can. if i were talking to president obama about this right now i would say, why aren't we building infrastructure we need so we can export this stuff, not just keystone pipeline? we need pipelines around this country. we need lng terminals that is the best way to compete. melissa: how dangerous is this from a national security perspective? >> for 40 years we've been the dominant country in the world because we force ad divorce between china and russia in 1970s. what is now starting to happen, they're dating. they will get married. this will be the biggest strategic game-changer since we won world war ii. why? because a china-russia alliance will be economically, militarily, politically and

diplomatically bad for us. melissa: john, the crux of the deal, they had to get over hurdle they generally sell natural gas to europe for much higher price. china can get it from the other asian neighbors. they were not willing to pay quite as much. they were willing to get over this hurdle because this is so meaningful to them. this is bad news for us. >> so many asian neighbors they buy, lng which is generally more expensive. this is not a really bad deal for them if compared to the price of lng. melissa: liquified natural gas, for people don't know. put it in liquid form, more expensive to move it around. >> this deal will be 12.50 per million btu. here is the good thing about the u.s., u.s. perspective in this. this will displace coal to generate electricity. they're paying coal world price, one of the cheapest form of energies. they will pay $12 million for per btu. we're paying less than five. if manufacturing plant from china benefiting from cheap electricity and subsidized

electricity, now they're competing against u.s. company with -- >> okay, bigger picture is the long-term picture. because russia, their oil and natural gas is in western siberia. they need somebody to help them develop eastern siberia. they just found that. they deed a deep pocket to make them energy dominant. melissa: steve, go ahead. >> they're building, they're building coal-burning plants by the dozens in china of the i don't see them moving away from coal as a fuel source but i do think natural gas is going to also be a big competitor to coal in china. but you know what is interesting about this is, because we have, we're so technologically ahead of the rest of the world in terms of these new drilling technologies we can us produce the stuff and sell it cheaper abroad than they can get it from russia. gets back to the point, kt was talking about the national security implications of this kt, i would make the case that these pipelines that we need in the united states, those are national security. >> absolutely. melissa: we've got to go. thanks to all three of you. great insight.

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melissa: from the u.s. to every corner of the globe money is flying around the world, today starting in the ukraine where desperate military forces resorted to soliciting donations via text message.

the defense ministry imploring citizens to send 50-cent pledges with cell phones. believe it or not it is working. they have raise ad million dollars through this brand of crowd funding. in belgium, one assumed to be exposed to the charms of frank underwood. netflix is taking most significant expansion in three years, bringing its streaming service to some of one europe's most poplous nations, germany, france, austria, luxembourg and switzerland of the getting in on bing watching, binge watching fun. that is lifting shares. look at that. england putting other nations to shame when it comes to narcissism. london is the selfie capital of the world. 14% of all selfies are taken in london more than any city on earth. at this rate it is matter of time until the queen get as selfie on instagram, right? i would look at that. meet this new vehicle has

rogue drivers everywhere longing for tires that can not be deflated. these bad boys were originally designed for special forces there. now they are commercially available. gary joins me with more on this one. i've been sold tires before they said could not go flat. how are these different from those. >> those tires are pneumatic tires. these are non-pneumatic tires. they run flat and get a puncture drive slowly for short distance. they have self ceiling tires with little hole and can fix that. melissa: now i'm feeling stupid. what is pneumatic. >> don't use compressed air. melissa: okay. >> instead of that they have a web out after special polymer and suspends the tread and you can see through it and doesn't pump up. melissa: there you go, they're gigantic. >> they look big. melissa: is there commercial use other than if you want to be lunatic in the country and jumping around? >> they're developed for off-road vehicles, hummers, that

sort of thing. polaris bought the company that invent the them and adapted to atvs. they saw a market. people use these come mergely. they run into issues of flat tires at work sites all the time. melissa: you test drove one? how is it different? it looks really bumpy? >> it is not actually. it works really well. not the sort of thing you can put on any atv. the atv is tuned to these. the suspension picks up where that is. it is spongy. and suspension grabs the rest. if you had your ice closed which i would not suggest, for any reason. >> won't see any difference between this and regular tire. melissa: would we have different application? would we see large trucks on highway using these at some point? >> that is very possible. other companies like michelin and hand cook tires are working on street versions on something like this. they haven't been.

run flat tires that your car might have make more sense on the road but that said, long term this is definitely something many companies are looking at. melissa: they're a thousand dollars a piece. is the draw back they're so expensive or is there another downside? >> that is really it. they're expensive. this is first time early adopter type of product. the vehicle itself is 15,000 all told. doesn't make the most expensive atf but definitely up there. but a thousand bucks last four or five times than regular tire. you won't have to worry about flats with you're hundreds of miles in the wilderness. melissa: gary, thank you. higher education doesn't necessarily mean hired education. if you majored in schoolgy you might write your next disser istation in the unemployment line -- dissertation. is liberal arts degree worth the paper it is written on? uh-oh, i have one. the tweet me what you think. a ceo not afraid to play

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have a bleeding condition or stomach ulcer, take aspirin, nsaids, or blood thinners... ...or if you have kidney problems, especially if you take certain medicines. tell your doctors about all medicines you take. pradaxa side effects include indigestion, stomach pain, upset, or burning. if you or someone you love has afib not caused by a heart valve problem... ...ask your doctor about reducing the risk of stroke with pradaxa. change after a pot of the fomc minutes stocks are holding on to the levels we saw at the beginning of the hour. let's get to nicole petallides. shares of tiffany's as well. nicole: a few retailers are running the show on wall street. let's look at tiffany's, this has been a great performer, new record all time highs, a 8-1/3%. they raised their full-year profit forecast and seeing great

sales numbers particularly in the asia-pacific area and a 13% rise in quarterly sales and have been fine-tuning the difference between affordable jewelery, items under $500 versus those in trying jewelry, and the atlas collection. also watching american eagle outfitters, this is a different picture. this is to the downside. it hit a new low. their numbers have missed, the profit dropped 80% and they have to close additional stores, 150 additional stores. american eagle outfitters down 5.7%. melissa: congratulations to all you new grads out there. hope you didn't major in english, philosophy, literature. some dismal findings for liberal arts, nearly half of the population says there are no jobs for them. 2% of employers, 2% are looking for them. with student loan debt topping a one trillion dollars this is a problem that needs to be fixed.

fox business reporter kate roger, todd schoenberger from land cold capital and james freeman back with us as well. only 2% of looking for a liberal arts majors. >> this kills me as an english major. across generations 50% of people say there is just no jobs for these liberal arts majors. employers want people with more highly specialized degrees in science, engineering and business. melissa: does it -- >> what do they stay? >> i studied economics. >> me too and here we are in new york city. >> liberal arts? we are doing well. what did you study? >> economics. here you are. >> the picture is terrible for everybody in this economy. recent college grads, 50% in

2013 were unemployed or underemployed, they were doing jobs that didn't need a college degree. engineering students almost 30% of unemployed or underemployed. it is a bad economy. >> don't throw the baby out with the bath water. >> accreditation. >> 20% of companies looking for engineering and computer grads, 18% looking for business majors. does mean if you have kids you won the minute direction of doing something they might be hiring for. the average student graduates with $30,000 in debt for four year degree so you have kids and families considering business worth and according to this study 1-third say is not worth the cost. melissa: some states like florida are looking to freeze tuition for engineering degrees for things that people might use while letting it rise, making it more expensive to get a liberal arts degree. is that the answer? >> i understand why that is the question. this is the most indebted class

there graduated, class of 2014 but the overall lancer has got to be limiting federal subsidies which have driven tuition up -- melissa: for every one. if you start differentiating among the degrees and only rich people can get liberal arts degrees is that make sense? are you helping people? making decisions for them? >> why don't the company's express what they're looking for before the kids actually start. there are too many colleges -- if you want to work at occupy wall street become a liberal arts major. if you're going to do some good on wall street is something on economics or finance. if you and to be a doctor you have to really think out of the box not the something will be easy and too many colleges all these kids going to state schools and paying too much money on this tuition. melissa: don't know if it is state schools as much is very important private school where you look at the rate at which they are able to get people jobs that are paying back the money and they are the most expensive, kids go into debt for private

loans. >> you'll find better bargains in state schools, big university with a lot of opportunities and if you are going liberal arts you've got to learn to communicate so this is a broad topic, learn english, learn history. if you do films studies and the not able to write a letter that will be a problem. melissa: one high-profile executive needs to clean up his act but it has nothing to do with corporate fraud or public scandal. chipburg is insisting his company's genes don't ever need to be washed ever. he is leading the way in the down and dirty trend claiming he hasn't watched his own genes in the past year. what do you think? >> a guy who does not watch his jeans. >> absolutely not. i will wear them a few times that is environmentally friendly. cit says he is trying --

>> don't wash their genes -- >> using his name is really chip birgit? >> his name is cit berger. >> perfect symbolism because the people who are attracted to this message are the same people who buy organic food and don't care about the water and waste. cheryl: they were first created for farmers and not supposed to be washed which is why they shrink when you watch them, suppose the material you wear on the farm forever. don't want to smell them after that time. >> think the recession is in the rearview mirror? tell that to the 10 million americans that remain trapped by housing debt. the mistakes of the last decade haunting the real-estate market. why is it worse than using? at the end of the day it is all about money. (mother vo) when i was pregnant

...i got lots of advice, but i needed information i could trust. unitedhealthcare's innovative, simple program helps moms stay on track with their doctors to get the right care and guidance. (anncr vo) that's health in numbers. unitedhealthcare. melissa: melissa frances with your fox business brief. jpmorgan chase announcing a $100 million investment in detroit as the city struggles through the nation's largest miscible bankruptcy over the next five years the money will be divvied up into loans and grants and includes funding for home mortgage loans and job training for presidents. in new jersey governor chris

christie is draw the ire of the state's largest public workers' union. the new jersey education association is planning to block chris christie's plans to use pensions to cover the budget shortfall. google is the most valuable brand in 2014. this according to research company brown rounding up the top 5, microsoft fourth and mcdonald's five, that is the latest on the fox business network giving you the power to prosper.

melissa: housing debt taking a toll on 10 million americans. 9.7 million homeowners are currently under water, almost 10 million. the numbers on the decline but still four times the historic average. let's bring todd schoenberger, kevin finkel from resource real-estate, thanks for joining us. what i thought was even more startling is that it is pronounced among those in $100,000 or lower starter homes, 30% of those homeowners are under water. i will start with you. what do you think of that? >> it continues to be the story of lower skilled workers the don't have college degrees we were just talking about and they are struggling, having their

wages compressed and globalization and technology is affecting for leave those people at lower than a college degree so we are a generation ago these people would have graduated from high school, gotten a job at a factory and worked in that factory. melissa: it is worse than the numbers show because an additional 18% of mortgage holders are effectively under water because they couldn't sell their house and have enough cash to the down payment on another one so even if they aren't totally underwater they couldn't move anyway. >> bernard: to drag on the economy. it does limit the ability of people to go to where the jobs are, the best opportunity if they are trapped in their home but as you point out at the top this is not a lot better. there is no way around this pain when you set up housing bubble and have everyone buying into that bubble. will take time to play.

melissa: is looking for a bright side of all of this and if you look at the same period of time, they're up roughly 11%, a lot less than that. if you left your money in the market, the bottom in 2009 did you know the nasdaq is of 220%, the dow 250%, the s&p up 175%, don't have to pick stocks or be crazy but just sit and hold the index. so many people bought housing instead lose 52% of americans invest in the stock market. you can argue the main street joe who owns these has been participating in the recent rally but all so the debt to income ratio for americans is rising right now. we saw this in the recent retail sales numbers, some figures that were very demoralizing. we can only suspect -- >> housing is not an investment. >> if you look for the last

hundred years the average house in real terms after insurance and maintenance appreciated 0%. you could use it to consume it. melissa: the dow and nasdaq climbed after yesterday's deep losses, liz claman to give us a preview of what to expect in the last hour of trading. giving a marked up 151 points. >> i would take it. >> we will take anything. so fascinating that yesterday at this time melissa was handing us the triple digit loss. today what was taken away has given us back as markets charge ahead, we have two federal reserve experts, jerry 0 driscoll of the dallas fed and former fed senior economist spinning it forward. that is the important part. the fed minutes are only helping the market. what happens in the future?

when does the fed finally realize it has to at some point type in rates and will the market be ready? we have that was more retail numbers that came in very weak so we have a retail round table on the best names to buy right now. you know them. stay tuned. melissa: look forward to that. sometimes you have to just let it go. from frozen on ice to a million perrot these on the internet, one cat has had enough. this feline is not having any of her owner's musical theatrics. the furry friends continuing to shut off the lights during what is hopefully the internet's last performance of the oscar-winning let it go. the cat loves it and trying to dim the lights. i think he throws the cat across the room, stop it, i am trying to sing the >> where are the dogs? melissa: with the dog be howling? >> for chase everybody out of the room? melissa: the use think looking in the mirror and grab your hair brush and -- i feel like you are

frozen -- >> the best weekend, finally, i won't say forced me but persuading me to sit and watch frozen. i will say this song isn't bothering me at all. melissa: great from the west coast with the food truck that is not afraid of some pot holes. high-minded deal that took baked goods to a new level. we are live in seattle with the man behind the munchies. you can never have too much money. can you start tomorrow?

yes sir. alright. let's share the news tomorrow. today we failrly busy. tomorrow we're booked solid. we close on the house tomorrow. i want one of these opened up. because tomorow we go live... it's a day full of promise. and often, that day arrives by train. big day today? even bigger one tomorrow. when csx trains move forward, so does the rest of the economy. csx. how tomorrow moves.

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melissa: here's who's making and losing money. had smart, the retailer, pulling the plug on cat and dog treats made in china after growing concerns the product making pets second. that is not good. shares down 8%. that is a rough news to the ceo who owns 159,000 shares, he is closing 779,000 bucks today, and ben bernanke had a salary of 200 grand running the set country's special bank, he stepped down and is expected to lock in millions unspeaking engage minced this year alone. magical deal for lucky fans, the orlando magic offering $100,000 to local fan that correctly guessed the 2014 nba draft team. contentious since have to pick the first 14 plays to be drafted. the money will be split between

the winners. that is some friendly competition. food trucks have gone to pot. the country's first food truck, where else? seattle. here is the ceo of magical better. the company behind the weak wheels, darren angel, thank you for joining us. airmass scott is a smiling stick of green butter. why is it green? >> it is infused with herbs. >> if you infused it would it be green? >> well, i mean, you get the core of chill from the plants a lot of the time so you get a different butter and it is butter, the happiest butter stick in the land. melissa: there is a sandwich, what you call it a sandwich? >> we like to have fun and we

believe in anything you are going to do that work to put a smile on your face, it was for shear, the value is why we did it. melissa: you have a lot of pork items, the vietnamese port sandwich, everything in your truck contains 30 to 100 milligrams of t h c. how do you do that? what impact can i expect on myself afterwards? >> similar to a glass of wine for one of those typical meals and if you had one of your desserts typically it would be a couple glasses of wine and in easier way to -- melissa: you are only upward for demonstrations, waiting for your licensing requirement to be filled but at the same time there are doctors in colorado and the emergency room saying once a day someone comes in

because they have been too much product used food and car having serious health issues. what you going to do? do you feel any responsibility? anything to protect public safety? >> yes, the public needs to be educated as with anything on what dosage should be out there and i am hoping with the laws passed in like they are around the country that standards get into place and hopefully the federal government starts to say like they do with alcohol, it does need some people to step up. melissa: we appreciate it. what do you think? was the ingesting his own product? tell me what you think. we are back where thousands of minimum-wage workers are protesting at mcdonald's headquarters. take a look at that picture and

get your resume ready, jeff bezos is recruiting employees for amazon's top-secret droned team but is he finding any takers for the high-flying job that can crash and burn? at an end of the day it is all about drones.

melissa: another live look at mcdonald's headquarters in illinois where 2000 people are protesting kerry we told you about this earlier. workers are wanting $15 an hour and went to unionize and this comes one day before mcdonald's shareholders a boat on ceo executive pay. you are the former ceo what would you do with these people outside your office? >> i think it recognize it for what it is. these are your union dues at work because unions are forming this protest.

melissa: flying these folks into corporate headquarters. >> exactly and it's an effort that would if it went through with an open job loss. melissa: what you think. >> i think i see 2000 people with no leverage. you need more skills to command a higher salary. melissa: all right, if you look great in yellow and keep a cool head during a drone crash jeff baze zero might have the job for you. amazon primebe five years away m volition but that hasn't stopped amazon from posting job openings within their drone program. what you think about this one? >> what i like so much was for the communications director. they have to be quote comfortable dealing with ambiguity and you have to be able to anticipate potential reputational issues. it sounds like they already know the drones-- right and they are going to kill pests or something. >> it could be ugly and i think it will happen and it's retailers moving to same-day delivery and it

will in the big debate on online sales tax because everyone will be located everywhere in packs everywhere. >> i think this is a pr stunt. there five years away from having this thing up and going and they are already hiring staff three do you buy it? >> somehow they knew you were wearing yellow today. you can now apply. frankly, this strikes me as something that gamers would be excellent at. melissa: that's true. >> my big question is who's regulating the airspace? how will this work? melissa: no one yet. >> at some point someone will. melissa: i think a pet will just get decapitated by a drone flying. >> airplanes actually don't need pilots. if we have no regulation and computers can talk to each other and guide to the plains but i think it will be the same thing with drones. >> as a pilot i will tell you that's a bad idea. melissa: yeah, let's forget it. thanks to both of you.

that's all we've got for you and i hope you are making money today. the market right now up 149 and countdown starts right now. liz: the markets react to the fed minutes just released giving us strong hints about the feds if you would be a comment we will have insight from two former fed officials plus complete market reaction. the real deal on retail, lows joins home depot in reporting a jump in sales this month, but is it too little too late to save this quarter after the brutal winter? we have two of the smartest retail minds around to tell us whether brighter days are here and whose best poised for a breakout and ebay hacked, the web retailer says customer ma