he is the former coach stuart: lois lerner went after charles grassley. we are reeling from a lousy gdp report. president obama is talking climate change so let's talk go pro. you can buy it, buy into it. as of now, a camera that gives you a selfy on steroids were $3 billion. the stock opened his way up. the fighter band for 9 games four months, we have world cup favorites, i certainly did because one hour from now teen usa takes on germany. tens of millions will be glued

to tv. it will stop across the country and we get this from ann coulter. profit, she says, represents the moral decay of society. i am became fast. "varney and company" is about to begin. ♪ stuart: the top corporate story, top stock story today is go pro. it has started trading. we're showing you videos for months, that is how they get a lot of free advertising, they have their own youtube channel, $30 per share, way up from the offering price of 24. i believe that is a 20% gain. jo lin kent joins us from the nasdaq. this is a single product company. all they do is the camera. how much is the single product company worth at $30 a share.

>> when pricing was $3 billion so north of that, what is really interesting is this is a rowdy, ambitious company, we interviewed nick earlier, he still has 20% growth, very aggressive no. and when you think of it, they are single kind of company right now in terms of their products but they do have partnerships with microsoft, they have a youtube channel so they are converging to become more of a media company, it is very much about the camera itself. they had 45% of all video camera spending in the u.s. right now. revenue is up, is an interesting play. stuart: give me that again. they have 40% of the video camera market in america? did you say that? >> according to go pro say say they dominate 45% of the camcorder sector, all the money

that is spent, 45% of that is spent on go pro. stuart: when it is up 31. all right, charles, you always say by the stock of companies which products you know and like. and like. your son. does he have a go pro? charles: he does not have a go pro. the stock that i bid on was annabella. it has already made a big move into this ipo. they do not have to worry who has the most market share. stuart: wait a second -- that is your play. charles: yes. stuart: thank you. you have been recommending this for a long time.

joining us now, the ceo of contour. that is one of the pros top competitors. if they win, you win, don't you? >> that is right, stuart. stuart: is your camera better than eight go pro? >> i believe that it is. people are starting to like to see what they like on videos. they want something sleek and more attractive. stuart: that is the nature of the product. you can see your self doing things. it selfie. you can see yourself doing all kinds of escapades and what have

you. >> that is exactly right. we are seeing our customers like to buy more than one camera. we are seeing people like to brag and like to share all of the activities that they are doing. stuart: i am holding a go pro right now. this is a $300 go pro camera. tell me, how much is the equivalent contour camera? >> it is also $300. stuart: thank you very much for joining us. i want to show you, amberella.

okay. please exceed it has been as low as 13. i still like it a lot. stuart: we will not get 17,000 today. some of this is a holdover from yesterday's lousy gdp report. the nasdaq, well, that has been at a 14 year high. go pro, not the only ipo today. servicemaster. 1756 is the quote now. we have a disappointing, and i've been disappointing forecast. a 9% drop there. strong demand.

a winnebago. the price of gold, where is it? down $5. a bombshell. and e-mail invitation to an event meant for charles grassley mistakingly ended up in lois lerner's inbox at the irs. it suggested that the organizer would pay for charles grassley's wife to attend. learner forwarded that to a colleague and said -- let's make this clear. grassley never accepted the

offer for his wife to attend the event. lois lerner just suggested. do you think that this will make congress get up and move because one of their own has been targeted? >> not just because one of their own has been targeted. this is something that the american people understand. when all of these e-mails, you know, disappeared from lois lerner's computer, just magically, and nobody seems to care much, this is a little bit different. this one accidentally slipped through. can you imagine?

stuart: this one just popped up. i believe that further into that e-mail, lois lerner is quoted in the e-mail as saying i would not want to stand next to charles grassley. >> it was not just in a private e-mail. if that shows her personal animosity, it shows that this is politically motivated. i have worked in congress. we see these things as part of our oversight function of congress. the thing that struck me was how bold she was. she did not tiptoe around it. she was very straightforward that she wanted to go after senator grassley on this. that kind of boldness tells me that there is probably a lot more there, if we can find it.

stuart: the supreme court unanimously voted that president obama -- it was illegal. >> it would not be the first time. stuart: is it a slap down? is it just one narrow instance where he tried to add the disappointment to the labor relations board? >> i imagine we will get a lot of political backlash saying this is somehow politically motivated. they will be accused of being political. i do think that this president,

obviously, because of all of these types of things is inviting these types of scrutiny. stuart: he lost this one and i think you think the unions lost this one, too. 800,000 fewer people working now than in 2007. that is the obama economy. we will deal with it. the arab way biter suspended. he will probably miss liverpool. that is the premier team he plays for in new england. we have about 50 odd minutes. team usa plays germany. advancing into the second round. crowds gathering. excitement from coast to coast.

you are looking at these three. she has gone off on and out rages rant about soccer. "any growing interest in soccer can only be a sign of moral decay. athletic talent find so little expression that girls can play with boys". she knows how to get a headline. this is what it is all about today. [cheering]

when folks think about what they get from alaska, they think salmon and energy. but the energy bp produces up here creates something else as well: jobs all over america. engineering and innovation jobs. advanced safety systems & technology. shipping and manufacturing. across the united states, bp supports more than a quarter million jobs. when we set up operation in one part of the country, people in other parts go to work. that's not a coincidence. it's one more part of our commitment to america. [ bell ringing, applause ]

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stuart: this is a modest selloff. down 75 points. just around 16,800. it is portfolio cleanup day.

charles is with us. charles: let's do the fire right now. you have to go with man -- monsanto. by the way, the companies ceo, hugh grant, he had a great movie career. now he is doing a pretty good job running the company. anyway, how many companies can tell you how great they will do over the next five years. if i am an investor, i have pretty good confidence. people around the world have to eat. stuart: it is pretty full to go out with a forecast like that. thank you very much indeed. i have a number for you. a big one. 800,000.

joining us is the former office depot ceo. he now runs the committee for economic development. are we sliding into a recession or anything that looks like a recession? >> well, stuart, this is not a great economy. yes, a little bit of that is weather. we are in a very weak amount of time. still looking at zero growth for the first half. this is merely four or five years since the recession ended. middlesex there is still hurting. stuart: what do we do? if we really are slowing down. what policy can we pursue?

will we raise some taxes? spend more government money? none of those options are really on the table. >> clearly this decision -- american businesses today have more confidence in the government policies and the economic stability in places like china than their own country. we need fundamental restructuring and regulatory policy. we need to stop adding each of these little taxes. if you are a businessman and you are looking at this, every one of those sounds like an incremental cross of your business.

from a business standpoint, it looks like more cost, more regulation. stuart: okay. you are in business. you know all about it from the business side. president obama addresses the league. he says, you have to have climate change legislation. even though it would raise the price of electricity and gasoline. it will save the next generation. if you are a business guy, what do you make of a speech like that at a time like this? >> talking about providing incremental lead and you support that. talking about more aca rules coming out. everyone of these policies sound great. every piece is wonderful from a social stand point.

businesses need certainty to plan. capital cycles are going out 10-20 years. when you do not have visibility to those costs, you will hold back and you will wait. that is exactly what is happening here. they are not bringing it back and investing because they do not understand what the cost will be. they are worried that the people here in washington do not understand the pressure that they are putting on businesses. stuart: thank you very much. >> thank you, stuart. the dow is down. we are just minutes away. team usa versus germany. about to kick off. my production team says that i am obsessed with the world cup. i say that that is nonsense. here comes the world cup.

world cup fever and world swing. the world cup continues to deliver thanks to the world cup. i will let the stock price move up to the world cup. proof that the world cup is the biggest sporting event of the year. when the world cup was held in america, you wanted to expand the size of the goal. ♪

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stuart: i will call this one of the most interesting stories of the week. suarez. and upon it on tuesday. we now know that he will be banned from soccer for the next four months because of that. heavy rain. the u.s. and germany will kick off in a little less than a half hour. come back home. crowds gathering across this country. look at her most of beach california. a lot of people woke up very early to watch it there. we will take you to d.c. in just a moment. not everybody is as hyped up on

the world cup as were. listen to and porter. in the growing interest in soccer can not be a sign of the nation's moral bk. they like soccer because it is a sport which athletic talent find so little expression that girls can play with boys. [laughter] stuart: you find that funny? charles: she has a point when the kids are smaller. you can say that about softball or anything else. we are watching it. it is absolutely amazing. stuart: i think she represents a lot of opinion in america which is soccer is very un-american. football is american. soccer, on the other hand, tends to be more collect it and softer. charles: you could say that.

baseball is a rigorous sport. people are not crashing into each other. you have football, hockey on one side. football and hockey. i don't know. stuart: you do not like soccer, do you? charles: i am warming up to it. i think i can watch it every four years. [laughter] stuart: which edson is here. actually, he is in d.c. set the scene for me, rich. rich: many germany supporters are here as well. we are here with the german ambassador. thank you so much for joining us. quite a change in excitement. >> it has increased. we are having a great party

today. i am glad that we could organize it. rich: if we tie, we both move on. you can talk to the german coach. i will talk to the american coach. to know what the american coaches name is? see what i believe it or not, he is a german. rich: how many points you get for putting the ball in the net? >> this will be a steep learning curve for you. want you watch it, you will understand. one goal is one point. it is always one. it is fairly easy. that is why it is so popular. when the clock strikes zero, we will finally figure out to

advances. >> the referee decides how long it goes. you experienced it the hard way against ghana. rich: we do not know how long this will go. >> this is soccer. rich: stuart, i do not know. >> a tie. rich: there is overtime, isn't there? >> no. i actually got a lot of twitter requests. why doesn't germany go easy on the u.s. team. we tie and we both advance.

we will not be going easy on anybody. i always say, do not under estimate the u.s. team. they will not go easy on us either. rich: apparently, stuart, the germans are confident. the german coaches uncle sam, i assume. i don't know. maybe we switched this. stuart: that was very good. thanks to the ambassador and to you, too, rich. i should tell everyone that rich is a standup comedian when he is not on fox business. winning the gop senate primary in oklahoma. he is up after the break. >> i have heard that before, actually.

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stuart: charles has a cell.

charles: one store to go into. they have now missed the street on two of the last three quarters. they are now losing market share. every year, about an average of 24%. it is, there is no way -- the industry has to grow 13%. a lot of people like this job. stuart: you are done. charles: you have a shot to sell and buy something else. stuart: and important ruling. therefore, illegal. republican congressman joins us now. is this pushback on the

president's authority? >> it is. the president says that he has the authority went to tell the senate when they are in session and when they are not in session. it is a clear pushback. cannot tell congress when they can and cannot meet. stuart: okay. you've been out a tea party backed challenger. do you think that you can fix the split on the republican party? how can that split be fixed? >> if you come to oklahoma, you will find the most conservative in america. we do not look at national tea parties. that is a great oxymoron. tea party is not national, it is local. they have been very supportive

of me and other candidates. saying all of that, it is a matter of tax fix. it is a matter of philosophy. we will have disagreements on timing. that is the great disagreement. the disagreement is not about where we are. it is how do we get out of this. stuart: thank you for being with us. i appreciate you taking time out to be with us. much obliged. new york city has lost its final appeal. it wanted to limit so does. you can continue to get your 16-ounce soda. charles, this is right up your street. charles: it was asinine to begin with. it was dumb. it is really dumb and a sense

that people who want to change so cyano behavior or point problems to so society never talk about the person that is actually committing it. it is the person eating the big macs that causes obesity. not make donald. it is the person that pulls the trigger, not the gun manufacturer. stuart: does it have some symbolic of fact? the mayor of new york wanted to ban these sodas. he failed. not going to happen. is there some value in saying 16-ounce sodas are bad for you? >> have some self-control. have some self respect. stuart: can you say that these days? you would be accused of blaming the victim. charles: why do they -- do not

worry, i will get them. stuart: what you really want is a turnaround in the way we approach political problems. what we want is politician saying, hey, it is not entirely your fault, but you do something about it. your obesity. charles: obama always says through no fault of your own. yes, it is. we will leave it there fault. stuart: i agree with you entirely. i really do. charles: by the way, i did figure out the un-american way of soccer. the tie. nobody wins, nobody loses. stuart: i have more news on the biter.

it is working to remove advertisements that show suarez. sponsorship deals remains unchanged with adidas at this time. do you want to say anything about winning or losing eight teeth marks? he is a can of cannibalism, this guy. charles: mike tyson and holyfield. stuart: in america it is called flopping. you know who has conducted more flops in this world cup than any other team? brazil. charles: really? stuart: yes. my colleague pointed that out. check this out, please. an 18 wheeler. an 18 wheeler sausage grill.

world cup fans are hungry. i will be out there in a second looking at that monster. i will tell you all about it. ♪ ♪

♪ stuart: weekly jobless claims out this morning. benefits for the first time. down 2000. visions for last week's report up making it a flat change. bed bath and beyond, the company stock taking a dive after the quarter's revenue virtually unchanged. let's take a look at ted bath and beyond shares to see how the stock is performing. looking ahead to tomorrow. michael craft stores. they will trade on the nasdaq. they first went public back in 2001. coming up after the break, we

will take you outside to the biggest grill you have ever seen. stay tuned, everybody. ♪

nicole: welcome back to learning and company. i am nicole petallides on the new york stock exchange. take a look at google. google is delivering a set top

box. what they are going to be doing, apparently, providing some software to the hardware makers to power their devices. do not forget, they are also into wearable devices. you know, stuart, google continues to expand their product line. stuart: thank you very much, indeed. they have me outside, not to watch the world cup game. they will try to sell me some sausage. this gentleman works for johnsonville sausages which owns his gigantic big rig that goes around the country raising money for charity. first of all, what is the correct pronunciation? >> bratwurst or brats for short.

here is one of our best sellers that we have. over here, we have a chatter and bacon sausage. one of our best sellers. we have a jalapeno and chatter. stuart: he has been going around the country. this is huge. you are raising money for nonprofit. >> yes. raising money for cystic fibrosis. it is a great cause for us. we have raised over $3.5 million for charities. stuart: it is also extremely good publicity. this guy reminds me of go pro. go pro is going public today. they have all of their advertising on youtube. >> believe me, the product does preform.

the product has to deliver. this is bratwurst. we have some of our no grill products. it is an alternative. they taste better. stuart: which is the real brat? >> bratwurst. you probably pronounce it a little more german than we would. stuart: johnsonville sausages. you drive this thing all over the country. >> yes. stuart: did you bring this to new york just for us?

>> keep in mind, it is next friday. team america plays germany at soccer. stuart: i think you are doing a great job. e are wishinybody a : ere our n sp?. thu r join. ♪eo apec thlat enrp torld

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e enp ucesre engineering and innovation jobs. advanced safety systems & technology. shipping and manufacturing. across the united states, bp supports more than a quarter million jobs. when we set up operation in one part of the country, people in other parts go to work. that's not a coincidence. it's one more part of our commitment to america.

stuart: it is portfolios tuneup day. charles is still here. hanging around. charles: i will be out there in a minute. ibm. a lot of critics on ibm. they are late to the crowd.

there is no dow back about it. everyone thought that they were going out of business. this company has been able to reinvent itself more than once. i think they have to grapple with it. if you are in this stock, i do not see any reason to sell it. i think they will get their act together, again. stuart: thank you very much. our next guest may be your new best friend if you are suffering from hair loss. he says that there may be a cure for baldness on the way. yale assistant professor brett king joins us now. all right, doc there. this is difficult stuff right here. i am losing some of my hair.

you noticed that the patient grew some hair. is that accurate? >> more accurate would be that the patient was sent to me. i realize that he had an additional condition. rumor toward arthritis drug, i knew it would fix his hair loss. stuart: hair loss in the general population. >> i would not promote that. stuart: is it a possibility however remote? >> i do believe that we have found a way to fix a devastating type of hair loss that is not uncommon. stuart: all right.

talking about our -- alopecia. this patient had an auto immune hair loss. i remember rogaine. i do not know if they ever worked or whatever happened with it. is this another rogaine? >> i am hopeful that there will be benefits from all. >> do you think that out my lifetime -- >> i am hopeful. >> better than 5050. stuart: i will take it. thank you for being with us.

world cup. we are talking to one of president harshest critics about the latest smoking gun. the second hour is two minutes from now. ♪

stuart: we are witnessing the moral society. that is what ann coulter says about the world cup. she knows how to grab attention, doesn't she? the day game starts right about now, and we are on it. with the economy shrinking, and the planet in peril, we can you do little distraction. we are on it. our world cup special our starts now. ♪ headlines, germany zero, usa zero.

the never ending ever-expanding irs scandal, lois lerner went after republican senator grassley. "wall street journal" dan henegar on that. google surprises the tech world with a low-tech cardboard box? virtual-reality for a couple of bucks. and he buys his way into the meeting with the treasury secretary. $200 million betting on fossil fuels. now he is an environmentalist. we will take you to d.c. to watch americans play soccer. start with the big board, now we have cut the loss to a 68-point deficit. we will not hit 17k today, are we? the nasdaq coming off a series of record highs, 4365. as for the s&p 500, that is coming off a series of highs, 1952 right now down seven

points. gold is little changed, let's get to the year, the ten-year treasury. it is down, that is where it is today. force may yield down to .52% good as the price of oil, quite a selloff, $105 per barrel. go pro started, first time out of the box, it is a winner up 32% from the opening price of 24, at 31 right now. a loser for you, bed, bath, and beyond. what is going on with that, nicole? nicole: we are looking at bed, bath, and beyond. when you look at bed, bath, and

beyond, they are reducing their forecast, blaming the severe winter weather we have experienced over the last quarter. the traders are already going oh. they are trading and watching the game. that is a long-term chart but they saw improved profit in recent quarters, but right now having to lower their forecast and margins are lower. stuart: charles payne said to sell it. it is down. >> and coupons. that makes everything not as profitable. stuart: thank you very much. new evidence chuck grassley may have been the target of irs targeting. an e-mail sent to him ended up in lois lerner's inbox. just in the organizer of an event would pay for his wife to attend. lois lerner forwarded it to a colleague and said perhaps we should refer to examine.

ouch. he never accepted the offer, but lerner assumed his guilt and targeted him for an audit. dan hennigan is here for that one. what does one say when quite obviously lois lerner went right after a republican in the middle of a presidential election? >> she wanted to go after a republican, stuart. i would say what happened was lois lerner's own team yellow carded her. said let's go after charles grassley and the professionals said you want us to audit the former ranking member of the senate finance committee? the people who oversee our budget? they went timeout, we are not going there with this one. but it shows you her state of mind, doesn't it? she was so compulsively political she thought she could sick the internal revenue service on a member of the senate finance committee.

if she was willing to do that, she was certainly willing to go after private citizens in the country with those politics she disagreed. stuart: this is one of the 24,000 e-mails which they are sifting through. lois lerner and top democrats did the only way we will get at those e-mails clearly and objectively is to get a special prosecutor. and we are not likely to get a prosecutor, and if we did come it would take years before everything is swept away. in other words i don't think we're ever going to see the light of day for these e-mails. >> i think the alternative is judiciary, the courts. it hasn't been that widely noticed, but in 2010 a pro-israeli group audited filed a lawsuit, after the lawsuit was filed, the irs required to preserve and a correspondent

e-mails between them under law. any sort of ongoing litigation there is a. and preserve documents. everybody knows that. that case is now going to court. so the judge will have the opportunity to ask the irs what did he do with e-mails and the 2010. stuart: so they may expose these e-mails. >> interestingly another lawyer filed a lawsuit on another gro group, on behalf of another group, in that lawsuit the irs told them they had to preserve e-mails for three years. explicitly and publicly, something the irs as itself has not been doing. violating their own procedures. the archive in the united states this week, the irs broke the law by not preserving, telling the

archive for the quality of e-mails. three strikes and you are out. stuart: thank you for that. asking you about the gdp report, shrinking at 3% in the first quarter of this year. it will curse to me that if we are sliding toward a real slow down, we haven't got any policy arose in our quiver to deal with it, what are we going to do, print another $2 million? tax some more, spend some more, i think we are in trouble here, what about you? >> i agree, it looks as if we will not get through the end of the year above 2%, that would be continuing five years at 2% growth. the president has basically outsourced the economy to the federal reserve and in effect the federal reserve has repossessed the economy and people simply run it at 0% interest rate and hope for the

best. the presiden president can't gee additional federal funding he wants to answer and he will not do a tax reform bill with this congress. he can have a reduction in the corporate tax rate if he wanted it but his terms are so high, he can't get it. i think we will tread water for the rest of the year. stuart: when you add up iraq, irs and gdp, that is why we are intensely watching the world cup where there is no score thus far in america and germany. >> there is always an upside. thank you very much indeed. not a good sign for the economy, 800,000 fewer americans working now than before the financial crisis hit. joining us from chicago on this one, this economy is just not doing well, and that is why the yield on the ten-yea 10-year try has dropped a couple more

points. >> you know where i stand on that, it will go to 220. you are right, we don't have any jobs, quick and easy answer is there or not any jobs. we can try to blame it on the participation rate, but at the end of the day, we don't have a lot of baby boomers retiring. we have more people just getting up in the heartland of america that don't have any hope about getting a new job or any type of job that will be meaningless because we have created some jobs, some credit there, but they are not the jobs we lost. why don't we pay people more, happen to be one of those people used to working at a job like mcdonald's. why do we want to turn them to a career to support a family of four when it was not meant to be that way to begin with. the ball is this, we are not doing well enough, there are not any jobs.

we have to find another reason why, and we can't. stuart: 2.2% on the 10-year treasury, that was a shot. all right, thank you very much indeed, we will see you very soon. check the share price of google, please. the annual developers conference is underway, wearable technology seems to be one of the big themes of the smart watch, that kind of a thing, but the one thing that caught our eye is this. you may well ask what the devil is that, google is calling it cardboard, that is what it looks like. a cardboard box you fold up into a pair of goggles, you slip in an android smartphone into them and turn into a headset. apparently it does, all moving at that conference. after big event, joanna, not

quite sure what to say there. looks a couple of strips of cardboard and people are going crazy about it. is there something going on i should know about? >> one line at the end of the keynote of a piece of cardboard and everybody is buzzing about this cardboard as a virtual reality type of headset, facebook buys blood feud for $2 billion, hit a piece of cardboard, put your iphone and it is the same. lerner it doesn't have the same experience so i haven't tried it, after the keynote, i went to pick up the smart watch because i was into that. a lot of people more into the cardboard, i plan to try it out today. but it is a fun thing, they have an app, it is to get people excited about developing for android. stuart: what about this setup

streaming box, what do you make of that? >> the message of the keynote yesterday, they packed in a lot of information, but the message really was google want to continue being everywhere. they want to be on your wrist, in your car, in your pocket and continue to be in the living room, trying to be in the living room. by my count six times they are trying to do a different tv platform. this is now called android tv, similar to the competing amazon box that is out there. no word on pricing but the same kind of thing, stream content to your tv. what is interesting is there still keeping around $35 cap, the little dongle you can stick on the back of the tv and stream content, so it seems like google is a little confused, what they want to do in this space but they want to be in this space.

stuart: thank you very much, indeed. now the real story of the day, cheryl casone following the usa-germany game for us. give us the latest. >> i'm no expert on soccer, but we are not looking good right now. nothing but defense on the part of the united states. you can translate for me, for most of the entire 30 minutes, 11 minutes 45 seconds we have going on so far. they really cute one with the ponytail is the only one who looks like he has any energy on the field for the u.s. stuart: the guy with the ponytail, the real cute one, and only one with energy on the field. >> nevermind, and another blocked shot. stuart: we will come back to you shortly. fine sports reporter. stuart: college loans tweeting out thisege k ifhis you ttfi

fsainthe r wordhelpoor.h t i don't know what is going on with all of this but we will discuss. >> everybody should experience first-class once in their life. she should not miss out because she can't afford it.

stuart: they encourage people to sign-up for free college loans. how do with the caption of helped me, i am poor. lot of twitter users called that offensive, said they make fun of poor people. what is going on with this, how can you be offended? a little movie clip advertising free loans from the government. >> people say the tweet was tone deaf from the department of

education. i thought it was funny, but we are talking free college aid. just relax. the movie was hilarious, by the way. stuart: it encourages this kind of nonsense. get a life. >> there you go. stuart: i am moving on. no score, germany zero, america zero. but all the moves have been made a team usa. it is portfolio tuneup day on fox business. is not watching t, he is watching his money. you're going to start with a buy. >> the buy right now is xlu.

instead of buying utility in mutual funds, by the etf, have been buying it for long time, and i will tell you right now this will continue to go higher. doesn't have any geopolitical effects comment will not impact us. 3.4% dividend, buy it now. stuart: if i put my money in the bank i get like .2%. >> this is a defensive play, are you worried it will hit a slippery right here? i am worried about where the market is going.

>> you get an answer when you ask the first question. stuart: he puts a lot of money into utilities. it is 0-0 in the big game. >> it will probably end up in a tie, aren't we excited? stuart: i think it is time to give us your sell. >> iwo's russell 2000 gross, not the index for the value. the difference between small s-uppercase-letter companies and growth, it is a small growth etf. get out of it now. we hold would be in the real estate market because right now real estate is doing very well. at the same time they are

stimulating that, i am looking at the wheat market right now, so that would be a hold. i would not lie them right now but i am not selling because i like the dividend and growth potential. stuart: i got you. no score. i will make a bold prediction. people think i have an obsession with the world cup. that is totally wrong. you, the viewers, i know some of you are turning into soccer fans, i just know it. an update of team usa versus germany coming up. ♪

when folks think about what they get from alaska, they think salmon and energy. but the energy bp produces up here creates something else as well: jobs all over america. engineering and innovation jobs. advanced safety systems & technology. shipping and manufacturing. across the united states, bp supports more than a quarter million jobs.

when we set up operation in one part of the country, people in other parts go to work. that's not a coincidence. it's one more part of our commitment to america.

stuart: here comes the world cup, the best world cup, world cup fever in full swing. >> the world cup continue to deliver thanks the world cup. stuart: i'm going to watch the stock price move up to the world cup. stuart: approve the world cup is the biggest sporting event of the year. stuart: world cup was held in america he wanted to expand the goal.

the rest of the world went crazy. stuart: i was just watching the game, the u.s. had just broken away, challenging now. will they get a shot on goal? cheryl casone watching in the green room, give me an update. >> did you see the yellow flag? stuart: do you know what a yellow flag is? >> i am just showing you what i am seeing a. stuart: do know the difference in th a yellow flag and a yellow card? >> i would think a yellow flag is worse than a yellow card. [laughter] i think the americans finally woke up about three minutes ago or so. after tearing the germans out, it is all about the strategy, i am convinced they have now woke up 25 minutes in and are now playing soccer. stuart: we will take that updates, forget about the yellow flag.

a yellow card is pretty bad. only thing worse is a red card t.yellow flag denotes an offside or whatever. rich edson in d.c., please give me the state of play amongst the crowd, the germans are playing and the big screen they are watching. rich: they are, i think you and i should be calling these games in 2018, so i will give my best shot here. are you ready for this? stuart: i am ready. rich: stuart, this normal crowd in washington, d.c., the american capital coming out in full course to watch their squad, germany has had the advantage does far given the crowd reaction, though much of the fans in america looking for a first down, germany has representation rather punctual. good foot he. back to you, old boy.

stuart: that was very good, rich. i was thinking about responding with attempted american accent on my part, but i won't do it, i'm just not going to do it. >rich: american stuart is my favorite. stuart: no, not going to do it. we will get back to you shortly. no score in the germany-usa game so far. no score in the ghana-portugal game so far. liz macdonald things that is very funny, how boring soccer can be. liz: 90 minutes of turnover to a tie. but it is good footie, right? stuart: he pledged $100 million, he wants to fight climate change. enough to get him a meeting with the treachery of the united states of america. can you say crony capitalism? john stossel can, and he is

next.

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slight to the ad executives. liz macdonald, what do you say? i think this is a tempest in a teacup. liz: she had been working very long hours. the issue for marissa meyer, there's a book coming out. teammate detail how she is chronically late. we got to watch out for that. that is a problem for the stewardship, she is known for detailed oriented and is the kind of interesting, hersey eo showing up late for meetings and events in a time when ad revenues are behind and not coming great. stuart: it is a one off shot and someone is late for a meeting they are flown overnight from america to france, etc.? that is entirely understandable but there's a book coming out that says she is always doing this. you have a problem with that kind of executive behavior. liz: setting that as a standard. can't do it. stuart: and nothing recently has

been done. is always at 33. liz: the last two years since she took the reins as ceo. stuart: billionaire environmentalist pledge $100 million to help elect democrats who are big in terms of climate change legislation, but $100 million to work or wants to behind democrats going for climate change legislation. apparently money talks. yesterday he attended a meeting with the very high level white house officials including the treasury secretary jack lew, a ostensibly they were going to discuss the economic impact of climate change. john stossel is here for more on this. i say flat out this is chronic capitalism, $100 million buys you a meeting with the treasury secretary of the united states. are you appalled? why not? john: i am appalled the goes on och like with this lunatic

childless environmentalist and suddenly believes global warming is the biggest threat. the fact that he gives $100 million of his own money and gets a meeting with the white house, it is crony capitalism, that is my show tonight, not about people like him who are pushing politics but people who are getting government grants for their companies. stuart: that is your view of crony capitalism. john: this is pandering, political countering and being stupid because what he believes in is just absurd, that we could spend so much money trying to address this possible problem, and it wouldn't make any difference what we do. stuart: he used to run a hedge fund, and as he was running invested $220 million in a bit oil and gas company so he makes a ton of money out of investing in oil and gas and fossil fuels, then i guess he must see the light in some way, turns around

and starts to spend his massive fortune to cut down on oil and gas and coal and spends his money trying to get people elected to that affect. i call that crony capitalism. do you? john: no. i call that changing his mind. a little sleazy that he says i have seen the light but he doesn't sell the stuff right away. he holds onto a for a long time. stuart: jeff immelt of ge -- john: he is a chronic capitalist. stuart: when he supports the president in return for presumably government contract on wind farms and the rest of it. what is this about the export/import bank? john: this is exciting. a bunch of republicans, two of the three leaders in the house are saying don't renew these hand outs. so many small business administration all over government, some do useful things the government has no business picking winners and losers, they do more harm than

good, but taxpayers at republicans are saying don't renew and other republicans, we are shocked, chamber of commerce says give oswald. and the democrats are supporting it and president obama who when he ran for office said there are wasteful agencies, i will get rid of the export/import bank, now he says i want them to loan more money. in 2008 he said the economic development administration, the bank, he was against them. once they are in washington and they smell all the money and power they just want to spend more of other people's money. stuart: if you can turn on a show about the export/import bank you have a level of excitement that let people going. john: it is not just the bank, get fired up. the export/import -- it is wonderful. stuart: which politicians?

john: some republicans. some people in the republican party. this is a show i have got to watch. when is that on? it doesn't clash with the world cup, does it? john: not my show. no store. germany, usa, any other game, portugal won, gone not know. are you following it? john: we say nothing in america, zero. don: -- stuart: what do you mean? football? soccer? that is correct. is that you're last appearance on this show? john: 9:00 tonight. the name of it is stossel. stuart: subject is? john: capitalism. stuart: stossel is peaking at the world cup. and he is down. yellow card, yellow card for

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♪ >> weekly jobless claims are out, 312,000 americans seeking unemployment benefits for the first time, down from the prior week and in addition to that report, up 2,000 making a change over the last two weeks ended disappointing quarter for bed, bath and beyond, the stocks taking a dive after the quarter's revenue was virtually unchanged from the same quarter last year. shares are down 8.5%. looking ahead to tomorrow we see a return to the market from top stories, the company gave you on the nasdaq under the ticker m i k, went for a first public in 2001 on the stock exchange, took it private in 2006. coming up we will give you more portfolio to an up kits. the real halftime report is next.

stuart: time for the real stuart: time for the real halftime report. nickel at the exchange, former turtles guitarist david nelson is with me and so is liz macdonald. there are 800,000 fewer americans working now than before the financial crisis hit.

obvious question is it possible we are slipping into a recession? >> i don't think so. we all knew this was a weather related event, yes it was a horrific number, we came into the looking for 3% and somehow more akin to-3% over two four months. part was the weather and par was other things, defense down 31% but that will come back especially given the political turmoil throughout the world. stuart: next up is no parole. it went public today, you can buy into it for the first time ever. a lot of fanfare and stock went straight up but it is the one product company, it makes the camera and that is it. liz: that is concern on wall street, revent, es, profits reay popping, the stock is receive valued, 25 times for earninmont now valued like barnes and noble or pier one so you are right about the gadget. what else can come up with to support this vay stuart: how about you?

>> i want to own go pro, not the stock. i want to put it on the bottom of an airplane or something and see what it looks like. of when you don't want to buy the stock? >> i think it is kind of rich. stuart: at $was a share? >> it is of one product company. we have to wait to see how this turns out. there is an investment on that. stuart: how about where? is a winner. how big a winner is it? nicole: it is down year to date and shareholders would like to see it back in the $70 range but it is a 4.5nuatock?41.16, barcls added number weight rating. the chief operating officer recently was ousted basically because it did not provide user growth. is up $1.68 a looking good for twitter. stuart: on the fox business network, to an up your portfolio day. david is still here, we'll start with david and a buy, what would you buy? >> all the lot of flak for this,

schlumbergeuldulduldul schlumberger. is not now performer in the group. we under shan's the shale oil boom, worldwide we talking a lot of oil. potentially 3 trillion barrels of oil trapped in shale. stuart: one of the companies that make shale oi un there are others in the space, the go to name in the space and it looks expensive when you first look at trading close to 20 times, 570 this year, 680 next year, 18 to 19 times, 20nu growtthe sto stuart: that is your by. now i want to hear yourself. >> goldman sachs. it is ovent p the juggernaut is ovent p look at a chart, five year chart compared to the s&p 500 and one of the greatest bbigl markets i a generation goldman has done nothing, only modeslfty in that

time and the government has attacked goldman and others like it and they won. dodd-frank and other regbigations, lot of that. stuart: first time in a long time i heard someone say golyean sacy. the time is gone. that was dramatic. how about a whole, a more neunameal stance. >> in the same sector as well fargo. we're name. i like the stock. is fairly valued at these levels, relieve the outperform in this space. is surprise everyone incy myself but at these levels it is at best a whole. of the one we hear you. let's go to nicole petallides on the floor of the new york stock exchange. you are telling me everyone there is not so much trading stocks the watching the world cup? nicolwher you get the natural sound, the trader here, there multitasking. pecernle are watching it and everybody is looking busy. i am telling you the facts, everybody is mbigtitaatcing. we are watching the markets but

a majority of people, i won't say all of them. it is vetit denameimenta un on the floor of the stock exchange it is tuned to the world cup. go usa. evetit time there is an attempt on gold or this place gets loud. it is exciting. stuart: does the former guitarist for the turtles have anything to say about teen usa? >> the united states win, i cobigd see jihad all over the world, almost unprecedented for the united states to win at their game. i am still rooting for them. i don't know if we have a shot or not but go usa. stuart: a litlfte tepid there. it is have time in the big game, no score. do not lant gh. just becant se there's no score doesn't mean there's no

excitement. that is it for the real halftime report. thank you for taking that up. my take, i am going to complain ai aer this. ♪ [ female announcer ] we love our smartphones. and now telcos using hp big data solutions are feeling the love, too. by offering things like on-the-spot data upgrades -- an idea that reduced overcharge complaints 98%. no matter how fast your business needs to adapt, if hp big data solutions can keep wireless customers smiling, imagine what they can do for yours. make it matter.

imagine what they can do for yours. when folks think about wthey think salmon and energy. but the energy bp produces up here creates something else as well: jobs all over america. engineering and innovation jobs. advanced safety systems & technology. shipping and manufacturing. across the united states, bp supports more than a quarter million jobs. when we set up operation in one part of the country, people in other parts go to work. that's not a coincidence. it's one more part of our commitment to america.

stuart: i really hate blinding. nop?lt likes and liz nitpicking with a weaselly little voice so i am not going to wind about what is going on in america recently. i am going to complain loudly. things are not right hand you are not being told the nameuttho here is my take. the media. it is biased and not doing its ve ob. when the irs conve bent lost two years worth of lois lerner's e-mails the broadcast netwo os gave the stotit grand total of three minutes coverage but when traffic delays at the bridge gave a repminlican governor a political problem the networks were all over it for days and weeks on ent is 2012 presidential election was corrupted by the irs and the media is not cbiglering the sto. we shobigd all be complaining about that. second, the economy. it is shrinkine

it is on the verge of recession. what do we get? excuses. it was the weather, less spending on heatocksh care beca of obamacare. anything but the failure of the president's policies. midease america has every right to complain about the economy's performance. excuses just won't do. presidential deceit, something to complain about, years ago, mr. obama told us we could keep our coverage, we could keep our doctor. he knew it wather't true. but he didn't tell us but he mosew we wouldn't stand for. fast-forward to the irs our rage. not a smidgen of coption. that is what the president called bill o'reilly. he has lost the st of the pwonple. you add it all up, the media is corrupted by the elites, the admi bstration is copted by its own excuse factory and the president himself has copted his ayear inisnameation with hi dect gt.

america has every right to complain. t3 ithan c1

? it ofwhy don't you explain -- h many points to you get for putting the ball in the net? what the you get for that? >> this will be a steep learning curve for you. ? it> we don't knoolyhow long thi will go. the clock counts of bank you only get one point fall is for goa un ? it> this normally staid crowd washington d.c. the american capital coming out in full force to watch their squad, germany have had the advantage given the crowd reaction. pest of america looking for a first down, germany and representation, rather punctual. good footing,. t ack to yoyon stuart: not bad. some of the highlights from rich edson's various appearances on the program today. we thank him for the entertainment. that was him. we will bring him back in a second.

here is what you had to say about soccer and our cbigleragef the big game which is in halftime by the way. here's what joey says. i am always amazed at how most pwonple jump from bandwagon to bandwagon all because the media am pes somethine this temporatit soccer fad is a prime example. i think you are wrong. i think this will be the start of a turnaround for soccer in america. that is just my cerninion. than we have a slie. she says varney, you are being very presumptive to say you know more pwonple are watching socce t ecant se of your extreme fanaticism. extreme fanaticism? do i look ltree an extreme fanatic? liz: yes. stuart: roger tweets this. if you ever decide business news is not for you, sports reporting is calling your name. we will let her know. let's get to t isrman. i thought that attempt at a

british accent was very good and pure play acting of the german ambassador was e3 vremely good but you know all about soccer, don't you? ö heou knoolythis game. >> i have learned a lot about it. i watched four years ago, the uncowth in washington d.cabout that is bearing out in the the ratings. you talk about banoccagon fans, there's no regular season so why not get together and watch it. stuart: i got the ratinju from espn, this 32 games played so far, the average viewership was 4.3 million viewers pregame. that is the average that includes the minor leagues teams. that is 50% above 2re?0. the last world cup. what is the feeling among the crowd as they watch the u.s./germany game?

>> we had a few chances towards the end. everyone is very engaged, a good german contingency too but too ea32y to introduce alcohol to the situation so the crowd is into the game, not crossing any lines but evetitone is very muc into this one. a lot of energy here and to be honest dupont circle, enion somewhere back there. i have no idea. >> usa! ? it ofi will let them tell yoyon stuart: that is crazy. i see german flags, all i can hear is yons. r n ö heou are excuset is i don't think you can do much. i bring you good news. this is the last day we will be cbiglering the wo32d cup with a regularity. i am going on vacation starting in i g3 seconds. thanks, everybody. it was great being with you.

i am off, see you next montsid veryoere is adam shapiro. adam: i know for a fact that rich edson might love soccer but veryoe loves the godfather mbig t etter. he would love to the gun and take a connolly. all the best to yoyon i am adam shapiro in for dierdre bolton. here's what we are watching this veryoourma go pro goes pro as in wall street audio, one of the largest offerings on record. we are live at the nasdaq to le to3 you know if it is picture-perfect for investors. gold shakes the tar bsh and recovers its glitter up 9% this year. now is the time to mine a minting gold property and free rent, free wi-fi and free advice, no equity. in new york, start-ups get on tht gr feet. we ta, what is in it for them. right now the stotit getting every investor's attention is go pro. shares are up