who would you have for the quidditch cup, brazil or bulgaria. >> bulgaria is definitely a dark horse. in this story, apparently "harry potter" is 33. it will take a pretty big broom to get him around. dierdre: that is "harry potter" idea i did not v leave it to you, ashley webster. thank you very much. melissa francis. "money" starts now. melissa: absolutely. the dow cutting losses after being down nearly 150 points in the session. still holding below the 17,000 mark. walmart's ceo says, yeah, america may be adding jobs but that doesn't mean people are spending. china throwing the brakes on tesla. it cast as huge shadow over elon musk's expansion plans. hard ball. yankee fans are suing after announcers caught him napping at a game. come on! a beer startup that wants a place on your kitchen counter,

even when they say it's not, it is always about money. melissa: despite a job market recovery after june's positive jobs number, walmart ceo bill simon says consumers are not much better off. they're adapting by spending less. what will it take for consumers to get enough confidence back in the game here now? fox business's own tom sullivan, "barron's" senior editor jack hough and "wall street journal" simon constable. tom, do you agree with this? >> yes, because the consumer spending has been going on has not been done by most people. it has been done by top 5%. they have the money. they're out buying things. things wear out. they go on vacations. everybody else, we all know that the middle class income is down and continues to go down. melissa: yeah. >> no, it is not the middle class and that's walmart's customers. melissa: zoom mon, why do we

want people going out spending all they have? -- simon? >> 66% and 70% -- melissa: maybe that is not healthy. maybe that is how we got in the mess first place? maybe that is why we houses as piggy banks. >> highest standard of living by far than anywhere else. it will get worse. if the fed has its way, higher inflation and not wage growth, people will be strapped for cash and spend even less. >> too many of walmart's customers look like walmart workers. they are in jobs paying 8, 9 bucks an hour. amazon getting a free pass from wall street to operate break even. that is difficult for walmart to compete on price. melissa: that's a great point. people spending on back to school and 4th of july and it back in between. they're making it count. is this new way of being that can stick when things get better? >> my fear, people are going back, we're seeing signs of that, consumer debt. melissa: that's what i mean.

>> if you can't buy it, because i don't have money in the bank account you put it on the credit card. melissa: that is how we got into this mess in the first place, one of the reasons. bump in the road for tesla. the company is struggling with lagging sales in europe, now being sued in china over its name. a savvy chinese businessman, registered the tesla trademark there first. investors are concerned that tesla said it resolved this back in january of the also, elon musk really talking about fact that china is where the growth is coming from. you're laughing, you're snickering? >> kind of a frivolous thing but i think for investors right now, tesla is a classic case of a stock that is priced for perfection. i think there is too much risk here. it remains to be seen whether this company can scale up battery production in a way that can bring down its costs. it is very difficult to achieve economies of scale with batteries in particular. i'm not sure profits will be there to support the stock price. >> i think what will happen this

company may or may not break the trail and having a hard time doing it f it does, big companies with big capital structures come in and take market share because they can move fast. it is very much out there. if it fails, people will just -- >> such a cool car. it is such a cool car. if you ever seen one up close, get in one, they're fantastic but it's a toy and it is a fad. and they won't break through. melissa: i don't know that it's a fad -- >> no. melissa: elon musk factor. he seems to be solving -- >> he is "iron man." >> he is living off of subsidies. he is living off subsidies for anything and everything he can come up with. melissa: okay. we'll see. did i not say this is going to happen? new york city police arrest two people for flying a drone dangerously close to an nypd helicopter. you're our pilot in the group. this is the big danger. we talk about danger from birds. if you have sort of any idiot with a drone out there flying it. in this case over gwb. george washington bridge here in new york. what do you think? >> first of all the elevation for helicopters over the hudson

river by the george washington bridge is very, very low anyway. the helicopters, this is a danger. i'll tell you, if i may take a swipe at government. melissa: okay. >> where is the faa on this thing? this technology has been around and it is exploding. people from amateur to professional, to news companies, you name it, are flying these things. i'm afraid there will be an accident. i think faa had better get their act together. melissa: they're getting in on it though. i know that lots of real estate brokers are out there using them, and getting warnings this is against the law. they could pay a big fine. >> they used to be called toys. these were toy aircraft. melissa: but they're not. >> used to be called that. used to have like car on the ground but goes in the air. no one got arrested for that. s. was it 800 feet. that is quite a long way. melissa: the fear now everybody is getting them. they're using them for commercial purposes. talking my mother-in-law is real es stay broker. she spent $3,000 as to get one

to put tremendous pictures on website. everyone is doing it. it face nominal marketing tool. >> i drive in this city. i worry about the ability much my fellow new yorkers to operate their cars. drones really have me frightened. >> -- flight. wow. melissa: elon musk have anything to say about it -- >> how will a drone affect your car? >> i don't get it. >> i'm not a regulation guy. i'm against it. but they regulate the sky now. they better start figuring out a way to register these drones so we know who they are and where they are. melissa: everyone's got one. my household does. crumbs as crumbled before our very i.c.e.! oh, no! years of crummy sales and dropped from the nasdaq this month, they shut off ovens and closed up shop for good. crumbs notified employees on monday they close doors at end of business day? >> there is bigger trend for

viewers to pay attention to. melissa: okay. >> companies with a lot of exposure to sugar are struggling right now. look at soft drinks. companies that have exposure to meet processors they're all doing well. melissa: how about really dumb companies that make just one thing and get it on every corner. suddenly publicly-traded which never made sense. >> cupcakes, yes. series of books and things come out, talking about how bad sugar is for you. i worry about even bigger companies have too much exposure. melissa: on my block there are two cupcake stores. one on either end. that is when you know it has gone insame. one cupcake and you're halfway down the block. wow, i doesn't want to walk all the way back you by need another one. >> no barrier to entry there. i don't care where cupcakes are made. no branding will work. melissa: magnolia cupcakes are better than crumbs. >> whoa. melissa: they were really -- >> now that crumb has gone out of business. melissa: i don't know know. they were right down the block

and still come to midtown to get magnolia. there you go. today marks 125th anniversary of "wall street journal," what better way to celebrate with op-ed from tailor swift. eternally heartbroken pop star about her unshaken onoptimism from the music industry because. i won't pick on you because it is your newspaper. you make this lovely collectors edition. you have all kinds of things on it and taylor swift inside? she is saying such brilliant things, music is art and art is important and rare. important and rare things are valuable. and valuable things should be paid for. are you kidding? please. >> i'm speechless. what i would say there is lot of good sense. melissa: really? >> you shouldn't steal music. of course you want her to write for the journal. it has been around for a while. nice photograph.

melissa: are you allow mike cat to do that? no. >> cat is not so much of an artist. >> not upbeat about music business. she is only one selling records. the "harry potter" saying well, book business is not that bad. melissa: every concert she comes out -- so insincere. >> i like taylor swift. she is role model for young women. melissa: come on! >> she has success in her business. the only problem is, tomorrow i think "wall street journal" will run an editorial written by a travel agent and about how things are changing. melissa: that is slam on travel agents. >> they're out of business. that's what i'm saying. industry has changed. melissa: i just, you know, anniversary issue. taylor swift? nobody else is available? >> there were a lot of people available. that seems like a reasonable thing to say. if you're in the music business, talk about the music business. what do you expect her to write about? the automobile business? shoe of. this is what she knows. she is writing from some knowledge.

>> who buys an album anymore? melissa: very valuable. the simon, we loved it. fabulous op-ed. i'm in trouble now. hillary clinton getting love from the street. wall street, that is. why big banks are pinning hopes on hillary in 2016. a dream job for couch potatoes. netflix, on the hunt for professional binge watcher? are you up for the challenge? i know i am. smart money coming up. ♪

melissa: breaking news right now. "tmz" is reporting that rosie o'donnell is officially rejoining "the view." the official announcement is expected shortly. whoopi goldberg is only other anchor remaining on the show after general any mccarthy and sherri sheppard were let go last month. money is flying around the world, starting in the u.k. with netflix is on the hunt for a professional binge watcher. what a great job! the world's luckiest new hires will have to comb through hours of streaming shows, poor thing. including back-to-back seasons of "orange is the new black," my

personal favorite and "toddlers and tiaras." the role is professional one. the tagger assigns specific content labels for each episode easy for viewers to know what they're looking for. love it. over to russia, chinese tie cons want to get panama canal a run for its money. a group wants to finance one of the most ambitious construction projects on earth. covering nicaragua's coast, 170 miles. that is twice the length ever panama canal. they think they need new waterway to handle larger container ships. in okinawa where a giant typhoon left a trail of devastation. the typhoon came with gusts of more than 150 miles an hour, tearing down many wooden structures. the storm is heading over to the east china sea. wow, look at that video. the dow drifting further away from 17,000. the nasdaq sinking more than 1%.

let's go to nicole petallides on the floor of the new york stock exchange. nicole, what is driving the trade lower right now? >> we're looking to the downside. there was a lot of talk obviously about interest rate hikes and when those are moved up. we heard from jpmorgan and also goldman sachs. but tech, today, melissa, leading the way to the downside. nasdaq down 1.1% on heavy volume. you don't want to see heavy volume with conviction. that means they're really selling. we're watching airlines very closely today. this particular group has been under pressure. delta is down 5% this week. it has been down since last week since we talked about the june number, june traffic and revenue numbers. traffic numbers though seemed a little bit higher it was a disappointment overall and really weighs on the group overall. the question is also about business spending and that business spending, though on the rise slightly just not as good as expect the. we're watching some other names in correlation. trip advisor down 5%. back to you. melissa: nicole, thanks so much.

hillary clinton finding herself with some strange bedfellows as the 2016 election draws closer. reports are indicating that wall street is either to back clinton's presidential bid seeing her as their best hope for a friend in the white house? but potential challenge from senator elizabeth warren is forcing clinton to walk a fine line with the financial sector. here with "washington times" online opinion editor and fox news contributor monica crowley. tom sullivan is back as well. wow, even more titles for you with all your free time. another job for you. congratulations on that. >> thank you. melissa: so you are sitting in the catbird seat for this battle that is coming up. very interesting, to see hillary sort of, cozying up to wall street. are they buying it? >> you know what is interesting? because last couple years we've seen a surge in populist sentiment on both side. on the right it is animated with the tea party and on the left with occupy wall street and gave rise to candidacy of

elizabeth warren which you also mentioned there. on the left hillary has a real problem because for years going all the way back to her husband's presidency, she and he have had a very tight relationship with wall street. wall street essentially trusts the clintons. they want to support her going into this. she is walking a very fine line. yes, she wants their money and yes, she wants their support but she can't afford to alienate occupy wall street far left base of her party. melissa: we saw what happened to eric cantor when he wasn't aware of, throw the bums out. if she tries to be centrist, i'm friend with wall street thing it, could really backfire, no? >> everybody who has been a friend of wall street has been elected or vice versa. it works in tandem. our friend charlie gasparino written about the greased palm between washington and wall street, has been going on for decades. doesn't matter, democrat or republican. wall street, there is vacuum. there is no republican leader. so they have hillary, who, i am, i still think she won't run. i still think that she's going

out there and getting these big fees because, they can, she can get them because of the fact she might be in the -- melissa: you say wall street picks winner. i think vice versa. they pile in the money at last minute on person they think will win. remember they put a lot of money behind mitt romney and a lot of money behind president obama. as soon as it looked like president obama they were his biggest friends. they come in and finance the winner. >> what they're looking at, they will play both sides regardless hot republican -- melissa: elizabeth warren though? that is tough one. >> but that shows you that since 1968 the democratic party, melissa, really gotten over taken by the far left. they're looking at hillary clinton saying maybe this is our last best, democratic hope before the party is really overrun by -- >> elizabeth warren bitten the hand would feed her which is wall street. melissa: one more from my smart money and to ticks example. "tmz" is reporting that rosie

o'donnell officially returning to "the view." she may have some company. sarah palin hitting campaign trail once again. she is looking to replace barbara walters this time though, not president obama. the former governor and current fox news contributor by the way, stumping for a spot on "the view." telling "hollywood reporter," maybe the show like that needs punch reality and voice of reason from america's heartland to knock humble sense into their scripts. someone who is willing to go rogue. monica, what do you think? would she be good? >> she makes a great point particularly about the show. they had elizabeth hassleback, our colleague at fox news. they had a few solitary conservative voices. they have not had a consistent, strong conservative like sarah palin the especially since rosie o'donnell is pretty severe left-wing partisan. whoopi goldberg is at left. in order to balance at out to attract as many women, sarah palin or me.

i'm available. melissa: are you available as well? yeah, absolutely. >> that is name of the game. to get the women because, you've got, unless you can message to them. and republicans and conservatives and far right have had a terrible job of messaging to women, this would be a, i would love to see sarah palin on there she would look, with the cast she would look like a voice of reason in -- melissa: i think really fun to see her next to rosie hard to do a show like that every day. it's a big commitment. you expose yourself. speaking hour after hour. >> does she want to move from alaska to new york? melissa: all about money, right? at end of the day it is always about money. that is how at that would be solved. thanks, guys. legal recreational marijuana hits washington state today. watch out. they are already running low on supplies. that is a big surprise. a live report from seattle coming up. you snooze, you sue! a baseball fan firing back after what he calls espn's unending

verbal crusade after he was caught on camera napping. poor baby. do you ever have too much money or sleep? he will sue me now. ♪ [bell rings] ♪ time and sales data. split-second stats. ♪ its so close to the options floor, you'll bust your brain-box. all on thinkorswim, from td ameritrade. 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?

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that's why i always choose the fastest intern.r slow.

the fastest printer. the fastest lunch. turkey club. the fastest pencil sharpener. the fastest elevator. the fastest speed dial. the fastest office plant. so why wouldn't i choose the fastest wifi? i would. switch to comcast business internet and get the fastest wifi included. comcast business. built for business. melissa: a $10 million lawsuit destined to draw a bronx cheer. espn cameras caught yankees fan and drew recter napping during nationally televised game against the red sox. he is swinging for the fences, naming major league baseball, espn and two commentators in his defamation lawsuit. sports attorney steve olin nick joins me and jack hough joins me as well.

the guy fell asleep. they went to town on him. it was pretty funny. it was all over the internet. called him sleeping beauty. now he wants $10 million he says mental anguish. he is used car salesman. his reputation is damaged. does he have a case. >> melissa, this is weak case. no case whatsoever. how do you quantify $10 million? melissa: i don't know, he is used car salesman. a lot of used cars. with the utmost reputation and highest respect in the community, know? no. yeah. you. >> start looking at the suit. defamation is based on fact, not opinion. these are opinions. not factual statements. melissa: so he did admit he was asleep. jack, what do you think? obviously asleep in the photo. he admitted he was asleep. he said they called him mean names. >> this is clear, clear chin issue. if you're this type of guy with this type of build, you don't, if i can -- get into a position -- melissa: you're getting sued.

>> you have to be -- you should, try to keep your chin up at all times because you get a couple of extra things going on there, when you're in the wrong position. not a good image. >> you will get sued. >> don't show that screen grab to anyone. melissa: where do you think he came up with number 10 million? >> i have no idea. that is a huge number you have to quantify. melissa: does it put a chill on, you know, so, commentators out there trying to keep fans engaged. watching on television. having a good time. does now everybody think a little bit more before they say what seems to be relatively funny things. >> i don't think you do because you assume risk going into a stadium. melissa: he is in public place. >> you know it will be broadcast. people -- melissa: not a public person. >> he is not a public person. melissa: airbnb giving new york a run for its money, becoming a sponsor of the new york city marathon despite ongoing legal battle with the state. attorney general eric schneiderman's probe into the home-sharing site still far from the finish line.

that isn't stopping airbnb from funding the event and positioning itself for a bigger chunk of the marathon's $65 million hospitality revenue. jack, i love this one because the city is really giving airbnb a hard time. and they're sort of sticking it to everybody, saying guess what? we'll sponsor the marathon. we'll invite people to use our service. we're going to have our name everywhere and we're here to stay. >> i think they're coming to some sort of an agreement now. this is a way for them to sort of circumvent the city, try to get a good image out there. get back in good graces of people. i'm not going anywhere near the marathon of the they will have to come up with something different to improve -- melissa: would you be airbnb user anyway. >> no. melissa: you don't want to sleep on on someone else's couch. >> the thought sleeping in hotel bed is disgusting enough. at least they have corporation to protect and do a professional job. melissa: i didn't realize you were a fellow germaphobe. i didn't think we had that in common. >> have you seen the shows where

they did the black lights. melissa: i've been on local news. that is number one thing where they are, i want to go into hotel room with a giant ziploc bag and zip myself into it. >> there is business idea. melissa: thanks, guys. calling all apple lovers, the newest iphone 6 news that is screens and blackberry unveiling a new smartphone. let's just say, be there or be square. ♪

melissa: bid by 17,000 as the dow plunges ahead of earnings season kicking off "after the bell". let's go to tread mark net net the stock exchange. what is the main thing you are

looking at down there? >> a couple things to focus on. one is that small caps are starting to show real signs of deterioration over the last couple days and that is interesting and new. since midway we had a decent amount of stocks and treasury yields reversed their move completely over the last several days and the dollar selling off the yen again. those have correlated positively with the market, this year so far it is important to keep those in mind. for now we can't make much of the move in the s&p and the dow. we haven't gone to new weekly lows, i do worry about the russell being in a seasonally weak time. all these indices got stretched too highs, and multi day lows, we saw tremendous momentum deterioration. melissa: we are going to keep an eye on it. free pair to check yourself. the smart phone giant samsung forecasting is worse results in

two years. let's bring the panel, quantum network's ceo and jo lin kent and constable from wall street journal. samsung offering downbeat guidance, weaker than expected demand. >> second quarter profit makes the estimates, look talking to analysts today if you see the effect of the china mobile and apple in china, they contacted the iphone, it is taking off immensely. let that the more inexpensive phones, they are going global, all over east asia. look at these competitors. they are fighting david and goliath. >> the space is getting crowded. >> what about the watches? the smart watch, five models in the last eight months yet i don't think i ever saw a single person walking in the street. >> someone in my office does have one. they are addicted to it. it is unfortunately a race to

the bottom. the market is becoming so crowded. >> this is a brutal business. when black rave was king of the hill, sony worse, remember when motorola worse, you can be knocked off the top by just a couple -- >> does it happen to samson? >> sony produce the walkman, the original ipod. incredible for the time. and they go like that. >> it will make the come back for now. dierdre: the iphone vi rumor mill. a new video of the iphone vi shows the sapphire screen as being impossible to scratch. anyone want to do that? >> the third one i clocked by refuse to fix. melissa: that is the same as the

iphone. >> not just safire glass the 4.7 in screen because of the size of the sapphire glass we saw in the video so expecting a bigger folds which will take a bigger cut in it tablet market as well. apple was the first to succeed. that is why it is so interesting to watch because all the swatches out there but can apple do what they did? melissa: the latest iphone won't have much battery life. >> that is a huge deal. i would like to get through the day. apparently a few don't have that -- >> i am walking with a battery pack. melissa: who wants to do that? >> they're getting bigger. melissa: to do that with me. absolutely. blackberry trying to prove -- the company unveiling its passport smart phone. it is square.

parted as in all, it does make sense. anyone in the game, doesn't blackberry know that best? >> they will keep the keyboard and doing it supposedly that is for spreadsheets. >> the buybacks. you got to be desperate because of spreadsheet work. >> a lot of people led doing that, they're staying focused. and passing along -- >> somebody loses? >> a lot of that -- >> this is actually -- >> i am going back to blackberry. >> of boring person. >> if it is square, is the real

thing. >> we'll guys are fantastic. seriously alone. when was the last time you sat down with only a thoughts? you won't believe how technology is engage in with the world. at an end of the date is all about being alone.

melissa: i am melissa frances with your fox business brief. lighthouse is asking congress for $3.7 billion to address the immigration crisis at the border. that is nearly double the $2 billion originally wanted. the money is needed for extra border patrol agents and increased aerial surveillance. bank analyst brad hines is retiring from bernstein to teach at the nyu school of business. he will be a professor to teach kids how to manage financial firms during periods of rapid regulatory change. that will come in handy blues the republican national committee will recommend cleveland as host city for the 2016 national convention. the city has not posted since the 1930s and will need to raise $50 million to cover all the costs. that is the latest from the fox business network giving you the power to prosper.

melissa: breaking news, manhattan federal court reached the verdict on the insider-trading case against raj rajaratnam's brother. let's go to adam shapiro with more on this. >> not guilty on conspiracy. he had originally been charged with seven charges of insider trading, four of those were withdrawn by the prosecution. the judge threw out three more

saying there was insufficient evidence to prosecute and convict him. this was one charge left, conspiracy and he was found not guilty. so far the prosecutor's office has obtained 81 convictions or pleas of guilty. out of 86 people charged this is the first not guilty and he is the other brother of raj rajaratnam who was convicted of insider trading. this has to do with the deal involving trades with chipmaker a and the. the verdict is not guilty on the conspiracy charge. melissa: thank you so much. a shocking study, majority of men and a quarter of women would prefer an electric jolt rather than being left alone with their own thoughts. this is according to new research from the university of virginia. two thirds of men sat and engaged themselves and -- gave themselves mild electric shocks rather than sitting there and

thinking. >> it is shocking and it is the culture shock but really speaks to the fact that we are multitasking and as part of that, it is all about being deployed in in any way possible. we are afraid to be alone with our thoughts so instead of having the computers that is keeping us going, keeping the synapses firing, guys will take the e electric shock instead just to keep their minds going, just not to feel like they are all alone, to keep some brain activity. melissa: a week doing damage with this? you see people waiting for an elevator everyone is on their phone. the past a bust of everyone is on their phone. it seems like many people are not comfortable any longer just standing there. >> what i see is damaging is this idea that they are not doing anything productive. maybe just communicating or social communicated, not like they're looking at informational trying to expand their knowledge which is really what i would love to see more people do with their devices.

melissa: they're looking on facebook. >> it can be a barren wasteland on facebook. melissa: an electric shock is painful. i could see i would rather be on my device rather than being alone with my thoughts and thinking about what my problems may be but to give yourself a shock? >> it is the significance people look for their lives. they want to the present. they want to be real. not to get morrow's but that is what we see with people who are cutters, this is their way of getting out of depression, to say i am really alive, i need something to take me away. melissa: let's go later, food for thought. prettier food tastes better according to research from the university of oxford. what is the connection? between house something looks at how it tastes? >> instead of relying on tastebuds now you are looking -- you have site as part of it. melissa: makes it taste better, a way it looks? >> it looks more complex

commands art to it so what people are saying is someone put a lot of time into making this so my expectations are higher and i can combine all these different senses, not just taste but visualization. melissa: a okay, all right. boston university said less food on your plate makes you -- >> makes you hungry. bottom line is less food you have the last complex what you are looking at in some ways and you know what? i have to tell you this. talking about food. how was the cruise? melissa: everyone is asking, you were here to coach me through it. at as expected. >> and gil? melissa: the kids loved it and they're going to drag me again, they work really hard. >> might have -- melissa: i conquered my fear. it is over. i did it. >> you are going to do again. melissa: anyway. thank you so much.

fox business's cheryl casone filling in for liz claman. what can we expect in the next hour? cheryl: i will never go on a cruise ever. that is what you can expect. melissa: never say never. i did. cheryl: a couple fascinating things, we're going to get some breaking news 14 minutes from now, top of the hour on consumer credit, peter barnes standing by in washington for that. also holding a hearing with congress on high velocity trading. the former cftc commissioner wrote an op-ed in the new york times this morning defending high-frequency trading saying it needs to be regulated and this is the modern way of the markets. 50% of trading as high frequency trading. you will be joining us. peter barnes will head that discussion and talking about what is happening with the market's. we have a big sell-off, we are down 98 points. scott carter, they are going to be here and we are going to talk

about this and get behind the numbers. this might be a little over reaction to some earnings years. we will talk about it coming up. melissa: looking forward to it, looking for a pint? beer lovers listen up, we will share you how to get a bruyette the push of a button from the comfort of your home. how cool is that? you do not want to miss this. you can never have too much beer money.

melissa: time for fun with their change. if you like to drink beer than this segment is for you. all models like coffee machines to get your brew fresh at home. here is the company's founder, steve young. what was the first step you took

in making this happen? is a little pot you put in just like to make a cup of coffee you can make beer at home? >> a little more complicated than that. it is a gallon cartridge filled at the brewery. how we discovered it, stock market analysts, i talked to brewers across the country and ask what are the problems you face and every single one complained about packaging and so high had two beer experts, the first-ever flexible packaging that can be easy filled by any brewer and it gives you access to unlimited amounts craft your and your kitchen counter top. melissa: unlimited amounts of crafted beers sounds dangerous. how much does it cost? i know you started raising money on kick starter and you were looking for $250,000, you had $345,000 as of two weeks ago. how much of the actual system did it cost and what does it

cost to keep it up? >> this will retail for 299. the retail market, retail price when we hit the market will be 349. we raise $250,000 in 3-1/2 days on kickstart grant that continues as we speak. melissa: do you have a lot of craft brewers? that struck me as one of the hurdles, is that you would need to find enough varieties of canisters to make it interesting. >> yes. we have to answer that over the next 6 months but we have the largest brewers across the nation on board. as it continues to grow you will start to seem more jumping on board and filling their beer on seas. melissa: good luck to you. fun product. the minnesota twins throwing a curve ball, thirsty spectators the first in major league baseball to install beer dispensers in knights stadium. fans can fill up 38 ounces of

beer every 15 minutes. it would be a good time to start drinking. i you ready for the twins game? there are inherent challenges in the system. >> 48 ounces every 15 minutes is beyond my capabilities. sees like a lot. that is too much. i like this. i like this because putting the money in is great. they say you have to go and get a voucher and approve that sort of stuff so it is convenience. why don't you say anyone caught drinking underage will be flogged or something or thrown out? melissa: when will they make a box line? >> so appealing. thanks. melissa: how much is the pot in the window? the first store selling legal

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melissa: major news for marijuana lovers. the first legal store opens in washington today. they can't the second state after colorado. how is it going? >> melissa, there has been a lot of buzz around this opening day of pot sales in washington state but the reality is it has been pretty mellow all day. the doors opened at high noon, no pun intended, at cannabis city, the first retail shop to open their doors and sell pot legally. the line for most of the day is small.

they will cost $50, double the street price. because the legal supply is so limited right now. those who did show up say it is a historic day. >> it is all about the freedom, all about not sneaking around buying it. >> we should have the right to be able to choose our vice. >> something people of east in colorado are still going to prison for. >> since legalization hospitals have seen more adult in the emergency room after they ate pot laced food, edibles are a lot stronger than they were in the '60s. smoking and driving is up. the number of duis has gone from 28% up to 40% so doctors and others are worried about a whole lot more kids smoking pot.

the legalization experiment will probably extend beyond colorado and washington. there were votes on legalization coming up in alaska, definitely november and possibly also in oregon. >> i'm not really shocked. somebody should open a doughnut store. melissa: driving while stoned is also going up. >> that is the thing that is worsening. if people want to get it, that is fine. melissa: wear down triple digits in the dow, down 102-point slipping further away from the 17,000, that is all we have for now. you want to keep an eye on the market for the rest of the day today, that is why "countdown"

starts right now. >> melissa, thank you so much. i am cheryl casone in for liz claman. we are getting breaking news and to fox business. american stick and billions more dollars in debt. the federal reserve saying this is consumer credit that will affect the market. for the month of may consumer credit jumping at 7.5% to $3.2 trillion. and most of that was in non-revolving debt. student loans, auto loans. those two numbers spiked a lot more than they should have. one hour to go, look at the averages, now we are once again down triple