skyline on the chicago river there. something i know very well. >> you don't want to see trump's name. >> all right, ladies, good stuff. cu, time for "varney and company". stuart: lets sum it up this way. we the people do not approve. good morning. a new low for the president's approval rating and a half the people think we are still in recession. this will polling for the president three months before the election. more democrats are jumping ship. in colorado anti fracking initiatives lose a big democrat back. the base in retreat. you, follows that? waiting for blood test results from the man hospitalized in new york city, waiting for confirmation that is a miracle cure. on the market stocks moving it had higher, interest rates down

to the lowest levels this year. gold straight up. node dog days of august year. "varney and company" is about to begin. to the big story, the president's approval rating has hit a new all-time low for the nbc wall street journal poll. look at that. 40% now approve of the job the president is doing. the other side of the colon is the flip side 54% disapproval. wall street journal editorial board member mary kissel is here. let's extrapolate from this, look at -- i won't speculate but let's look forward. is it possible we i that kind of low dismal approval rating the republicans' sweep in november? >> republicans and the economy and foreign affairs, if they can

sweep in november with 2% growth rates and global discord i don't know when they are going to sweep. i give you the names we are looking at, montana, west virginia, open seats for the gop, excellent chance, red states where mitt romney did well. arkansas, louisiana, north carolina, two state people may not be looking at, iowa and colorado seem to be in play. these are competitive races. there are a lot of moving parts, we have several months ago. if republicans can't win given the poll numbers we saw i don't know when. stuart: you came up with ten states that could go gop for the senate. they only need 6 to flip. >> i draw your attention to what happened last week on immigration where the gop had a big interparty fight, the president jumped all over it, ran out with a press conference and said look at these people, i am just trying to deal with

these kids at the border and they are fighting amongst themselves so again, there are several months to go but you are right, there are a lot of states that need fixed. stuart: i want to give more numbers from the very same wall street journal poll. 49% say the u.s. is still in a recession. let's bring in reagan economic adviser art laughter. i will get more of these polling results in number moment but i want your comment on this recession issue, this is the sentiment pole. we are not really in a recession. it is away people think about the economy. that is what we have got here. >> it is more than that. we are in a recession. we have not had a recovery. we are not still falling, the recession, the bottom five years ago, there is no improvement in employment except population growth and real gdp growth, it stayed awful, we are $4.5 trillion off our trendline

when clinton left office and housing is not back. we have hit the low, but now bouncing along the bottom we are not improving as an overall economy but the sentiment these people say is perfectly correct and as a result mary's comments in the senate are exactly in wind. we could take ten seats. stuart: don't get carried away. it is there in the morning. >> you wanted me to be optimistic. stuart: another part of the poll, 71% think the country is on the wrong track. that is up pretty broad based assessment. it is cultural, economic, may be political as well. 71% is the huge number. >> all of it comes down to economics. there are all sorts of other issues but what is the meaning of civil rights in the soup kitchen? what is the meaning of equal rights in the unemployment line? if you have one job opening and

there are 15 applicants you will discriminate but now on the other hand if you have a boom and you have 15 job openings and one applicant, hired a guy as fast as you can. racist and a boom time don't have time to be racist, they're too busy making money. these other issues, economics is the main issue. stuart: let's return to that and here's what i think is a boots on the ground sentiment indicator. 40% in this nbc wall street journal poll said someone in their household of lost jobs, lost a job in the last five years. i am not used to that kind of poll but seems like a very high number to me. >> it is huge, we are in a very bad economy. i want to stress we are not falling but we haven't improved and we haven't improved in output, unemployment or other areas. it is just -- what did jimmy

carter call it? a malaise is in america. this is obama's males, anxiety, whatever you want to call it and it is time for change. i think of today as being 1978. stuart: 1978, wasn't that the year you hadng with ronald reagan and you mapped out your supply side economics tax cuts and get the economy going on the napkin? is that true? >> it was donald rumsfeld and dick cheney. it doesn't matter. i am sold. i can't even remember what i had for breakfast this morning. it was really low as of fun with reagan. he lost the nomination in 76 which was his come to jesus moment and he became a far better candidate so by 80 he was ready to take in ron and become the greatest president in the last century i think may be next to john f. kennedy. stuart: when you just will won

the audience's admiration and approval. thanks very much, we will see you again very soon. we opened lower this morning, the dow is off 20 or 30 points, now we are up 50, we turned positive in the last 40 minutes. if we finish lower it would be a three weeks losing streak but we are up 53, 16480. the s&p 500 i think opened pretty flat, now it is up 6 points, 0.3%, price of gold straight up, we have a $20 per ounce gain putting us back above $1,300. here is the big barometer. this is a key. 2.45% is the low yield on the 10 year treasury. a couple things going on. mainly a flight to safety. trouble with the russians in ukraine, trouble in europe with an impending recession. certainly in italy. flight to the safety of american treasury so the price goes up and the yield comes down, 2

ashley:% low this year. 21st century fox withdrawn its offer for time warner, fox is the parent company of this network, time warner stock down 12%. fox withdrew the offer because time warner wouldn't come to the table. how do shareholders feel with that 12% drop? fox on the upside. walgreen's will not use the. deal as a way to move overseas to save tax money. investors do not like it. 12% down for walgreen's because they are not going to jump ship and go overseas. how do they feel about the company's decision? groupon falling out of bed earlier, falling out a bit. >> want to talk about the current situation going forward? not good news for groupon, stock is down 16-1/2%. a few jim move for groupon.

daily deals for a while, change of ceo last summer and hope to expand the company. as the current ceo who came on last june, we are in the midst of the transition, making investments in marketing and building our products, not just daily deals that local hair salon and restaurants, they are moving into other areas and growing, you can have a pay system, physical goods, long-lasting discounts, despite some revenue growth they really paled to do what they expected and going forward you have a disappointing -- here is the last thing, a new credit line just in case, $250 million credit line with all those things that don't say we are doing great. on the contrary we were in transition and hope to do great going forward. stuart: moving away from the markets, here's the latest on ebola. the who says 92 people died from

it. two americans brought home to the u.s. to be treated, one of the arrived yesterday. the experimental drug, the first two people ever to get it. it is this year and that has never been tested on humans before. both patients are improving. the word miracle has been used to describe the reaction of the first test patient to the drug. here is that word miracle. is it valid? here's one of the researchers who helped develop the serum. erica safire. we asked the maker of the maker to appear on the show. they referred us to you because you are familiar with the drug's development. is that correct? >> i have been working in this area for ten years and as you can imagine, you don't have to make more. stuart: i want to make sure i have your credentials right here. i want to ask about the use of this word, it is a miracle drug.

i you going to say that? >> i will say it works very well in experimental monkeys and the patients are improving and we are grateful for that. the speed was faster than i expected. there are things we still don't understand about the virus. there is more we will learn. the focus is on making -- taking care of these patients. stuart: could it be scaled up to thousands or millions of doses of this, can you do that? >> it can be scaled. that is one of the strategic decisions canada made. you can grow it in large specialized greenhouses, more inexpensive this way and it can be scaled up and the goal is to scale that up and make more doses. it is not approved for humans, it is going to go forward but the outbreak is now and they are

working hard to figure out how it can be made and the ethical logistical decisions how it can get to that. stuart: it is promising and the effect was really good on dr. brantley, then you rushed this thing and get it out and put it into use regardless of the fda approval. wouldn't you say that and get it out there? >> an easy thing in ph.d. and a lab. i have been studying this for 10 years. i can show you but if you are and indeed taking care of patients and lives in their hands, a whole different set of decisions and the fda and cdc and the foreign ministries need to be involved and those decisions. stuart: what is that in your hand? >> this is a model of how it works.

this is called structural biology. it is there road map for how the virus infects and where the chinks in its armor are, target drugs, and the green and white and the ebola virus uses this protein to attach to a human cell line drive itself in. green is like a school in the widest spread, that spring loaded. like a spear fishing done in infection will unwrap and spring forward and penetrate the human cell, these are antibodies, looks like two of the three components of the cocktail. it is anchored on there blinking green to white, linking the spool to the threat and locking the virus to get there. it keeps from infecting the sell. the third component tabs the top of the molecule and alerts the assistance of the presence of infection selene and sells can

destroy the virus. stuart: truly fascinating, very good explanation and we appreciate it, see as soon. dow industrials up 35 points, more russian troops massing on the ukraine border, the concern is vladimir putin may be preparing a launch, a ground invasion and that is what john bolton says is ominous. he is with us after the break.

stuart: a russian crime ring has pulled off the largest cyber attack in history, 1.2 billion user name and password combinations, 500 million e-mail addresses, gathered credentials from 420,000 websites. no specific websites named but the milwaukee securities firms that discovered sis said some of the victims include a cross-section of industry, cars, real estate, car rental businesses, hotels. this hasn't done any meaning to

me. >> time to change your password. stuart: we do that every week peter: >> this is what criminal regimes do, china or russia or iran or north korea. it is a big problem that is getting worse and underlines that we need to find a way for government security agencies to share information with private businesses. there was an effort in congress to do that where you could share information this safe place where you were not going to get sued so when the nsa and other organizations pick up evidence of these kinds of tax they call in private industry and say look, guys, here is the red flag of code you can look for on your servers. stuart: that would make nsa very useful. >> it is very useful. stuart: is used and useful way? >> of course it is. stuart: the nsa telling private enterprise -- >> this is a big debate on capitol hill on the way to facilitate this kind of information sharing, very important. stuart: the nsa can't call up somebody and say you have been

hacked. >> there are legal issues involved. stuart: i can't get to grips with it. i want to get to the ukraine. reports that russia has increased the troops on ukraine border. former ambassador to the united nations john bolton. new/deca. >> he is continuing the strategy with the ukraine, applying both military and economic, at diplomatic effort to achieve the objective he wants which is russian dominance over the ukraine government. i would be surprised if he uses military force, direct russian intervention but you can't rule that out and i wouldn't confining it to the street to provinces where the separatists have been active because progress in areas of ukraine are more extensive and what this shows is vladimir putin thinks he can use the threat of or the

actual use of military force to achieve his objectives. stuart: has there been some fighting with armenia? >> this has been going on for a while but there has been a recent uptick. when you combine it with russian activities in ukraine you are just talking about their hacking that tax in the west, they engaged in cyberwarfare against estonia and lithuania, on this is putin pressing out, he is not seeing effective resistance by the united states or western europe but until he does he will continue to be aggressive. stuart: this nbc wall street journal poll covered the economy and the approval rating of the president and also cover the approval rating lori: thereof of his foreign policy. he is down to 36% approval for foreign policy. >> i would like to know who those 36% are because the world is descended into chaos and i think this poll and the dropping approval numbers overall gives lie to the conventional political wisdom that americans don't care about foreign policy,

too remote from their lives, the american people are much more sensible and practical than their political leaders and they see because our economy at home depends on a global economy that instability in europe can have a profound effect, yesterday when the market went down at least in part, due to the comments by a polish official about a potential russian invasion of ukraine. stuart: a short news cycle someone makes a headline, it lasts a few days or a week and then we expect it to go away. same thing with russia but it is not going away. use set up more attention, real problems in the next weekend, the next week or two. it is not going away. >> what vladimir putin gave us as a strategic warning when he said the collapse of the soviet union was the greatest geopolitical catastrophe of the 20th century that was a statement right then he intended to get russian into space in the

former soviet union. he is meeting no effective american european resistance. stuart: a lot of people say the world is a mess whether it is middle east, russia, china, wherever. because our president has withdrawn from the game. we are not a force in the world any longer. >> that is a large measure of. what minimal international order and stability there has been since the end of world war ii has been because of american strength, projection of our power, our system of alliances a round of world so international trade, finance, travel, didn't get there by accident ended the united states pulls back you are going to have anarchy increasing, you can see that in the middle east most visibly today but signs of it exist everywhere and it is the subject americans have to debate. stuart: the stock market is highly vulnerable. always a pleasure. check the big board, where are we? we were up 20 minutes ago and now we are up 30 but we are a little higher, 16-4 to be

precise. here is the key barometer, the yield on the ten year treasuries down to the lowest levels this year, 2.45%. maybe 244 with the lows of the year but that is a very low level. that is a flight to the safety of the united states treasuries one world is a mess. s&p 500 a little bit higher, only a fraction and up next a democrat congressman and environmentalists, the same person, in colorado, full support for two anti fracking ballot initiatives. this one is all about the midterm elections.

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the urban league who want to feel good about themselves denying blue-collar workers their jobs and raise the price of energy for everybody else. stuart: a split in the democrats. >> it is a big argument. look what is going on in new york. you are in new york, governor cuomo, we are not getting the jobs pennsylvania and ohio are getting and a lot of people are upset about that in new york and many democrats. stuart: the congressman spent a lot of money to support these anti fracking initiatives. now he says i am not supporting this any longer because he knows he is going to lose. >> i am not sure he did that willingly. i support this guy's ability to spend money on whatever he wants to spend money on, he seems committed to the cause but i think it is a cause that is very destructive to job creation and the nation's prosperity. stuart: big point for the elections. of the green plants are in retreat and they are on this issue, on the fracking issue, the pipeline issue they are in

retreat, that speaks volumes about what is going to happen in november. >> i wish it would happen here in new york. stuart: i have property in new york. the dow is up 27 points. keep checking those markets because we opened lower, we move 50 points higher, now in neutral territory of 27. here we go. electronic arts launching a streaming service for video games. that may be the future of video gaming. it means real trouble for retailers like game stop. e a's founder joins us in a moment. i had no idea i had shingles.

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have been discriminated against and isn't it great they hired this women? for line. if she does a great job, a did teams hire women too. if there had been women year ago, five, ten years ago that could help the spurs when they would have hired her but i can't get excited about this. stuart: when you are neutral. >> not excited, it is a non story. i don't care what the gender of the coach is as long as the team wins. stuart: very embarrassed we put it on the show because it is not a story. >> let's stop talking about gender and race. stuart: it is a news story of this is never happened before. >> it perpetuates the idea that we have to keep talking about the sex of the person rather than vote qualifications, productivity and achievements of the person. personally i can't stand it that. stuart: i am with you on this

one. welcome aboard. 21st century fox have withdrawn the offer for time warner. time warner stock is down 12%. how would you feel if you are a time warner stockholder and your management has just walked away from a deal that put stock at 87. now you got to be satisfied with 75. how would you feel? video gamemaker electronic arts working on a new subscription service a bit like netflix that will give customers unlimited access to games for just $5 a month. taking a look at this is bad for companies like game stop which actually sell you the game. the man who founded the company, what does he say about it? a frequent guest on this program, welcome back, good to see you. >> always a pleasure. >> you think this is the future of gaming? $5 a month can end you give me on an unlimited basis, use creamy all the video games i

want, you think that is the future? >> i think it is a good deal. the convenience of having everything in the cloud and being able to pull the over the internet and do what you want with it i subscribe right now to a baseball videos service and i pay $20 a month which is a lot more and i am happy with that service, a really big baseball fan, and less than the one dollar a day is a pretty good deal even for what i am paying. looking at $5 a month that is really nothing. it is a good offer. stuart: if i buy a whole year, i get half-price? >> that is pretty common with subscription offers, if you sign up for a longer period you get a discount. stuart: so what kind of numbers would you hope for? how many million people, gamers can you sign up for $5 a month. >> the industry where so many

things can be tried for free, so many websites and apps that are free that the public is a little spoiled so it is not really clear how fast something like this will catch on and so it may or may not get into the millions because there may be a backlash from people who want it to be free and the way i look at it is we are living in a golden age right now. our grandparents did not even have access to computers and we carry them around in our pocket and be hooked up to the internet. we are kind of spoiled. i am noticing this with my current company, we make the educational game for kids. it is also on a subscription and we let you play a certain amount for free and it is about $5 a month and we find a lot of people that wants to complain about it when it is literally -- when you consider $5 a month, that is what it costs to go to starbucks. to you care about your catalog

or do you care about a lot say? >> there is a new study we reported on yesterday's that says deeply videogames for an hour a day or less? very good for the child's mental and social health and our a day or less. i do this with my own grandchildren. i see and play video games pretty much a lot, certainly more than an hour a day. it is good for them and i take it you are in that camp. >> scientists figured out a long time ago the best way to increase human intelligence through interaction. if you can simulate things like the e a sports game or my if game, if you can simulate something that feels real and authentic and put people in that simulation -- stuart: it is not real

interaction. is an electronic interaction which is not as good as human interaction. that is what the critics say. >> it is a stepping stone. nfl quarterbacks that have grown up playing madden football, everybody knows a lot of airline pilots today, they're obligated to train on professional flight simulating equipment so it is a serious benefits so if you look it games kids are playing, the subject matter is wholesome, they are learning something like they are in the game i still call this, that is better than just launching angry birds all day. i don't want to defend games that are a waste of time but the fact that they are interactive is better than being more passive. we are meant to be active. stuart: i remember pond, my video game of choice. if i subscribe to your streaming service can you give me back

pond? i loved that game. >> it is a classic. this course angle, lot of your viewers i dads that have kids that have grown up themselves, and i want to encourage them to have their kids try the f game. will blow your mind. stuart: i want to encourage you to get pond back on a screen i can play. very creative stuff, let me tell you. the founder of electronic arts, thanks for joining us. dow is up 33. there may be a new leader, another ed snowden. can the journalists be prosecuted if they publish this information. if the new leaker exists can we go after him? guess who is up next. judge andrew napolitano.

nicole: diane nicole petallides, dow jones industrial average is higher by 34 points. nasdaq index in beginning 1/4%. what is driving the dow, chevron ng and accounting half of the dow's game that the current time. inventories tumbled and energy stocks higher. walgreen says it will move forward, european pharmacy

company, the largest ever, they will not do in version where they moved their headquarters, based in chicago. video game earnings, activevision hitting a new high taking you to the downside. it is of 3% doing well and a forward outlook is great also and coming up next on "varney and company" another ed snowden on our hands. someone is a plank members of the media with classified material, coming up. ♪

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stuart: there are reports the new ed snowden supplying the media with classified documents. all rise, judge andrew napolitano is here. there is a tenuous and sketchy reports, just speculate for a moment. if this person exists and has indeed been a new leaker leaking new information, i am not suggesting he should be prosecuted but can he or she be prosecuted? judge napolitano: it would depend on his status and how he acquired the information. if he is like ed snowden was, and insider lawfully entitled to the secrets and he revealed them, that is arguably a crime. if he is the recipient of the secrets, if he is not the insider but is one person removed from the inside iran is a member of the news media he is protected in his revelation. stuart: stole information from the inside if we could get our hands on him.

not saying he should be. he could be. judge napolitano: the government itself is suggesting the existence of another leaker because of the nature, and the belief that it was generated after he left the government's employ. stuart: suppose he is a new leader and he gives information to journalists and the journalists put it out. judge napolitano: as lin greenwald and company did with snowden. >> the digital is prosecuted? judge napolitano: not in america. the case law is very clear. it matters to the public interest. may lawfully be disseminated by a bonafide legitimate media. this is what protect our colleague james rose and when the government was listening to his phone calls including his

phone calls here at fox and sabinaed his business e-mails. stuart: a question of personal belief. do you believe a government, our government should keep secrets? judge napolitano: no. except -- except those necessary to save human life. that is about all -- stuart: a broad stretch of secrecy. judge napolitano: talking in in danger of human life. the court has said the only secrets the government may keep our military secrets, diplomatic secrets and sensitive, the word sensitive is in italics in this statement, sensitive national security secrets. in my opinion of the government derive power from the consent of the governed, not like in great britain but if the government derives powers from the consent of the government then the

government can't possibly keep something from the people who have empowered it except in an emergency situation necessary to save human life. that is the standard libertarian view but that is not the law today. the law today is the president of the united states can classify and declassify any document he wants. stuart: i am in support of that. >> i am in support of that. judge napolitano: even in the hands of the present president? would classify any thing to make himself look good. stuart: i do support that. in the age of terrorism and potential nuclear terrorism. >> you are very happy with a system that allows the cia to fight pry the wars as long as a committee of congress approves it even though the constitution says the whole congress has to

approve it. your happy with secret speak of from 3 quarters of the government, 90% of elected representatives. keep going down this road. >> that is just wrong. the cia has more oversight than congress. it is not true. the national security council, congress, you are talking about a lot of people many of whom are elected. judge napolitano: the cia has nothing to do with pfizer, italy issues search warrants. the cia does whatever the president tells him to do, lawful or unlawful so long as we to committees approve it. that is why dianne feinstein is so upset because they lied to her. she expected them to tell her the truth in secret. >> that is not the full story. stuart: okay. to be continued. judge, that was very good, appreciate you being with us even when you are totally wrong.

judge napolitano: i am not. stuart: i am sorry. we will see you tomorrow. streaming, here is the proof, ratings agency nielsen about to start counting online viewing in its rating system. more on this with one of nielsen's executive vice presidents to will come up after this break.

stuart: this is a breakthrough, nielsen, the company that measures ratings for tv shows will report audiences from mobile devices. i think this is the revolution. let's confirm that. here is the executive vice president of global product leadership that nielsen. welcome to the opprobrium. i got my the 0 iphone here. i watch the video on it. you propose to measure and check what i am doing and everyone

else is feeling stuffed. you don't do that now. >> don't do that today to the standard we need to provide ratings to the marketplace. they can trade for advertising using those numbers. >> this is a huge shift in what you actually measure. we are all using these things for video these days and you're jumping onto the bandwagon, you are doing something very new here. >> nielsen went to the right time to make the data available to the market. what we have seen is a stabilization of that environment so hand sets of gotten more stable, operating systems have gone more stable, bandwidth has become available land trends in consumer behavior tells us it is the time consumers -- stuart: it is not the set in the living rooms so much as this thing i'm carrying around with me. how detailed will the information be? sorry to keep interrupting. if i'm watching something newsto

be an ally watching a newstube. >> and we will report on the age and gender of the audience youtube is attracting. and exactly the same way we do for tv so that anybody can compete against each other for video using that consistent number. >> one thing we follow in that show is what we think is a move away from conventional tv viewing. you expect to confirm that moved away from conventional tv viewing. >> tv viewing is changing and what we a seeing is video content is being consumed from mobile devices. we are seeing 7 hours a week of video content being consumed for mobile devices. now is the time to capture that and measure that. >> fox business has an apps to be put on one of these things. i can watch fox business. you will measure that and you measure how many people are watching me on that apps, you will measure that. >> there will be a lot of them.

stuart: i really do think that is a breakthrough. thanks for telling us about it. new at noon, 1.2 billion password stolen by russian hackers. why we should or should not be worried. more on those polls from the journal, turns out what we have been saying all along, student debt is a big problem for a lot of people. how is this for convenience? open an apps on your smart phone, ordered some marijuana at your door in ten minutes. those stories, our 2 begins. def. thank you for your sacrifice and thank you for your bravery. thank you colonel. thank you daddy. military families are uniquely thankful for many things, the legacy of usaa auto insurance can be one of them. if you're a current or former military member or their family, get an auto insurance quote and see why 92% of our members

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stuart: his polling numbers get worse. the president's approval rating on a rash of issues. the ebola drug too early to call a miracle cure, don't expect fast approval from the fda.

dr. debbie is here. the greens becoming isolated? camaraderie versus court on natural gas drilling. 1.2 billion internet password stolen. 500 e-mail addresses, 500 million e-mail addresses:by rushing game. and apps that allows delivery of medical marijuana to your door in ten minutes. for now, welcome. >> the president's approval rating hits an all-time low in the new york -- new nbc wall street journal poll. 40% now approve of the job the president is doing. 49% say the u.s. is still in recession. more poll numbers for as of right now 27% say they

have more than $5,000 in student loan debt free themselves or their children. for ron point dagger for the wall street journal follows this closely. seems like a pretty high number. >> a lot of student loans but i was surprised they didn't have more. these kids are graduates waiting with lots of loans, they don't have money to pay it back. stuart: it was $5,000 or more. it could be a lot more. could be 30, $40,000 and the lot of these millennials are not graduating into jobs or graduating to a job that don't pay but they don't keep track or keep pace with student loans. we are seeing a lot of default. stuart: that default rate is rising. >> we have parents helping students pay their student loans putting a lot of pressure on the

middle generation as well. the sandwich generation. stuart: more on this show, 40% in this poll said someone -- their you are. someone in the house hold have lost a job over the last five years. that to me is a high numbers, 40% of my household. stuart: when you add the family member have lost your job. that has major economic consequences and also psychological consequences, you feel it. you see what that person is going through, the financial strain they are under. the change you are helping pick up the slack as well. stuart: there's another one. 17% say they have a parent or child over 21 living with them for financial health reasons, 17%. i thought it would be higher than that.

>> i thought would be higher too. millennials don't have jobs and have to move back and and older folks, a lot of people didn't save enough for retirement and their health care costs are going up so they had to move in with their children, adult children as well so this middle generation, the family generation is getting settled from both sides. stuart: if you add it all up the number of people with relatives living at home, the student debt thing, feels like a recession, approval rating, seems to me the ground floor feeling is this economy is not doing what it is supposed to do for america's middle-class. >> the middle class feeling at the most because they have not seen wage growth, they haven't seen career opportunities so they are under so much pressure, they see the rich getting richer and haven't had a chance to keep up with stock market gains because they had to take money out of the market to pay for their expenses. it is a tough situation to be in. stuart: veronica dagger, thanks very much indeed. check the big board, we have gone up a little bit more, 56 points higher as we speak,

putting the dow within shouting distance of 16-5. the s&p 500 also a little bit, a gain of 0.3% but it is up. this is the barometer of all barometers to me, the yield on the ten year treasury is close to its lowest level of this year, 2.46%, very interesting. then we have tesla, it is a winner and not doing badly at all. you want to tell me what is going on? nicole: a patent dispute, great news and an upgrade. we need to get this trade month, a businessman in china who back in 2006 patent did or took the name of tesla in english and chinese. tesla had to follow it with him, has done so, financial terms were not disclosed. obviously they paid business good money and made it back. elon musk's expansion plans in

china and you see stock to the upside. not quite at annual highs, that is good news. stuart: $10 is $10 higher. we will take it. nicole: pacific crest hasn't outperformed today, $36 target they think they have -- they are underappreciate it with a gross trajectory, demand trends that are very healthy and lastly, they readily can achieve near-term targets. some positive comments. stuart: case closed. thank you. i want to stay on the markets and bring in tres knippa joining us from chicago. gold is up 20 , $25 an ounce, we are $20, 1306, you say russian troop movements near ukraine have nothing to do with the rise in the price of gold. tell us why is up then. >> that will be a common misconception that people think just because the russians are saber rattling and clamoring on the ukrainian border, the russians are going to go

unimpeded all the way to the ukraine. might as well pull the ukrainian flag down now because vladimir putin, who is going to stop him? we have no intentions of getting involved whatsoever. he will go the whole way so that is the case was not price in gold for russia taking of the ukraine because that is what is coming. the reason gold is up today is look at the economic numbers out of europe, two quarters in a row of italian slowing of their economies so they are in full on recession now. the news out of germany etc. etc. etc.. the gold is up because the market is starting to price in the obvious which is the next big round of q e is going to come from the european central bank. why do you think the stock market is higher? the russians amassing on the border of the ukraine, if that is enough to make gold billups and to make our stock market go down on a flight to quality? no. it has nothing to do with it. has to do with what is coming from the european central bank. more money printing here we go. "imus in the morning" when you

heard it right here from tres knippa in chicago. back to you soon. let's get an update on connell: because the who says 932 people have died from ebola in africa. at home, two americans have been brought back to the united states to be treated. they are being given the experimental drugs the map. it is this year and that has not been tested on humans before. the only two people who have never been given this year and are reportedly in proving. in the last hour we were joined by one of the researchers who helped develop that serum, erica safire. >> the speed in which it worked is faster than i expected. obviously some things we don't understand about love virus and mobile going to learn in coming days. now the focus is on taking care of these patients and others around world. stuart: we are joined by dr. debbie at the nyu professor, have i got it right?

the pronunciation of your name -- >> it is close. stuart: you know what you are talking about on this one and i want to know if you can give us an assessment how close z map has been in the treatment of these patients. >> it is promising because they are doing better but it is only two people. it is not enough of a sample size to tell how effective it is. stuart: would you flat out discounts the use of the word miracle drug? that word has been used. >> i wouldn't use it. their recovery is a miracle if we want to but we can't attributed all to the drugs because a few things that different. we also have a blood transfusion from someone recovered from ebola. i don't know if that is protected but it might be so that is something to consider and the fact is two of them are health care providers. when they started having symptoms they probably realize right way they could have ebola so they might have started doing things, rehydrated themselves,

dehydration is one way people died. they might have done a lot of things that are different than the average person. stuart: the treatment they receive in united states. >> exactly. they're getting i see little care. stuart: we need you to calm us down because there's a rush to judgment, this is a wonderful thing, let's get into it. thanks for calling us down. how about approval? it is indeed promising, if it has some use and apparently it does, how about fda approval? >> fda approval is time consuming. if it is an emergency situation they were able to get the drugs that i don't think you will get approved for general use any time soon. they need to look at studies to see what the risks and benefits are. in this case the benefits are not totally cleared, the risks are difficult to tell too. we know the drug didn't kill them and no immediate risks appeared but we don't know about short-term and long-term risks especially when talking about antibodies.

stuart: it is useful. it has positive effect on ebola patients. they will put it to use. they are not going to wait for fda approval. >> what would make sense is the fda only regulates things in the united states, doesn't necessarily regulate what is going on in foreign countries so what might make sense would be to have a plan in africa itself and use the drug, do studies on people who are suffering from ebola right now and use that data. stuart: if it comes here and people get it domestically here, you can't refuse to give them see map if you're giving it to people in west africa. >> the fda approval, it is compassionate use. you can get it to a person in an emergency situation but if you want fda approval for someone to prescribe it, you have to satisfy these groups. are you talking about people who might have symptoms, not sure they have ebola?

people in early stages, or people who are actively dying? stuart: you were based in new york, ny you professor, you can come that quite easily to see us, please do because we need a word of cash in and calm and you have got it. we appreciate you being with us. thank you very much. the dow is up 46. a new san francisco start up is promising to deliver medical marijuana right to your door with just one click. the company is called eased and we are joined by the ceo, cheese mccarty. welcome to the program. glad to have you with us. i can pension my program for marijuana and you have the driver take it to my door and ten minutes. >> that is correct. stuart: just in san francisco?

>> yes. we launched in san francisco but we will be expanding quickly. we plan to be available in any of the 23 states where medical marijuana is illegal. stuart: to i have a choice of brands for my marijuana? >> yes. you go to easeup.com, you enter in your patient information and when you are in the solution you select the stream you need to, choose your quantity, it will automatically detect your location, click request delivery and that entire process on average takes 13 minutes. stuart: i have got to have a prescription for this. >> correct. we verify patients are eligible to receive medical marijuana before it is delivered. stuart: i am told there are marijuana delivery services all over the country. they are not legal but they are up and running. can you confirm that? >> yes. delivery medical marijuana has

been around the same way taxes were here before uber was here. they're trying to create a solution that makes it more easy and quick and professional for the patient by streamlining through our technology. stuart: it is obelisk recreational marijuana. getting a prescription for legal weed is not that difficult time told in various parts of the country bleach is almost called the map, give me my wheat ended is here in ten minutes regardless of medical prescription. that is almost what it is, isn't it? >> we will leave that to the physicians and patients to make that decision but yes. as medical marijuana treat more illness the accessibility will become more easy. stuart: real fast, when will you expand outside san francisco? >> we started expansion so we moved beyond the 7 x 7 in proper san francisco down to san francisco airport. that is in a matter of week.

we plan to expand quickly. we don't have firm deadlines. stuart: you can deliver to san francisco airport? that is in new york? >> in 10 minutes i have some weed. let us know when you land. stuart: no, no, no, no. keith mccarthy, out of time, fortunately. thanks for joining us. we appreciate it. tell us how you are doing. totally different subject. russian hackers have stolen more than a billion user names and passwords from hundreds of thousands of websites. what, me worry? we blast and ethical hacker about this after the break.

stuart: apple may be gearing up to launch the new iphones next month. we have a specific date? >> tuesday september 9th. that is what website is saying is a big media event for the announcement of the next iphone.

let's call it the i phone vi. typically takes a few weeks after the announcement. maybe an october launch. with the we know about the iphone vi? it will be 4.7 inches, 5.5 inches, it will win the super fast a a processor and the report say apple is gearing up for 80 million units produced by the end of the year. stuart: september 9th we get the details on the announcement. thank you very much. a really cute and shocking number for you. nearly a third of all internet users in the world may have been victims of a hack. a gain of russian hackers has announced a stockpile, 1.2 billion user names and passwords as its members targeted on mine users. alex mcgeorge is a security expert with immunity in. when we hear a number like this,

a huge number like this, which alleges? change my password for everything? >> i don't think that is a bad responthe issue here is if you the new york times article, page 1 above the fold there making a big deal out of this as they should, this attack targeted large websites and small websites. not every web site is compelled to disclose when they have a breach. some under financial or industry regulation are smaller websites like a form you may be on for a hobby is not under the same requirement. changing your password, using different passwords for each site is something you can do today to proactively help your security posture. stuart: if it was a bank account and we don't know what they have got, it could be my bank account with my user name and my passport and if they got that and match up to who i am, as they are in.

they have money. they could take my money. >> absolutely. what your online bank allows you to do in terms of what money transfers you may be able to do and what denominations without someone calling you up and saying do you want to transfer $10,000 to the middle of nowhere, russia, that aside, yes, it is a very big deal. if they have your banking credentials they come log and as you and conduct financial transactions on your behalf. stuart: i ought to be asking the people who keep my money coming investment account or bank accounts, what security, what cover do you have surrounding my account, that is my logical question. what is my liability? if they want me out, how much do i get back from the bank? >> interesting question. i am not sure what the regulation would be. i would think if they are in short, you would be able to get

most of your money back but i am not a legal expert on that. your initial point is good. we as consumers in the jaw and a member of your bank or investment group, have to hold those people accountable to say you need to take security very seriously. in the times article, they quoted rand corp. very cogent point that most companies subscribe to the patch and for a ideas that i will do my best on patching and pray nobody hits me. what this has demonstrated in ridiculous numbers and very efficiently is that is no longer grant never has been a sufficient strategy. we as consumers need to start saying okay, what are you doing, what are you doing above and beyond what i expect you to do to keep my money and my information safe because i am a customer. you need to learn my business by making a commitment to security. stuart: really good stuff.

thank you very much indeed. myself and our viewers, hard to read your arms around 1.2 billion. >> i would like to think your viewers are hedge fund managers to manage that type of money. stuart: i like to think that too. you are a welcome guest, you can come back any time you like. thank you, sir. a democrat congressman pulling his support for two anti fracking initiative is. president obama's green base is in retreat. my take on that is next. in new york state,

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natural gas. he did not like fracking. you wanted to make colorado a green leader, a test case with a nation. well, he has withdrawn his support for the anti fracking measures. that is a massive green retreat. simply put, the congressman was going to lose, and he knew it. voters want jobs, and then call around of drilling for natural gas provides a lot of jobs. more than that, it is not clear that the use of net gas is more than anything else. and no fossil fuels anywhere anytime mantra just won't fly. realistic democrats understand that. don't forget what australia just did. the repeal the carbon tax which made him a green leader worldwide. that tax is raised and voters thought that was a lousy deal. as the aussie carbon tax is gone it is important to note that

this is voters who are calling the shots. the greens have staked out their anti fracking anti fossil fuels position, and voters are increasingly saying no. democrats know they are on the losing side of this issue and they are bailing out. that leaves the hard left extremists out on the lam. prediction, if the greens are defeated this november you will see a strong energy-led expansion with the president obama gets on board or not. bynum. >> the economic mistake many americans make. are you one of them?

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♪ stuart: let's say it, shall we? business stock is on over zero. eighty-seven. so why don't you tell us what disney is doing so right? >> so close to a record high. hitting it out of the park. can you say frozen, captain america to, winters also, maleficent. if you add up the global box office revenue for those three movies, nearly $3 billion counting. and it does not stop there. guardians of the galaxy came out. that will help its current quarter revenue. disney and pixar investments. lucas' films. next december we have the star wars movie.

it seems like this studios sensation that has become disney's going to continue for a little while. stuart: and that theme parks are doing well, too, right? >> kim parks are doing well. abc struggling a little bit this is a pretty good earnings report fifty-six real money and frozen. president obama may call upon his phone to keep companies from moving overseas for what he calls unpatriotic tax breaks. he is working with treasury secretary lou to count the benefits for companies that leave america. what is the latest on this one? >> the price action. a really negative to the down side. still double digits. walgreens has announced this morning that it will keep its headquarters in the united states after it buys the remaining shares. stuart: it is not going overseas. >> not moving headquarters overseas. that has wiped out nearly a

seventh of the market cap. 8 billion. and so now we have top senators including elizabeth warren and senator dick durbin sending a letter to the president. act now. move forward and executive action to stop these companies. should we point out that walgreens has an effective 37% rate. the u.s. has the highest corporate taxes in the world, only nation to tax foreign profits. stuart: if i am a shareholder in a company which proposes to move overseas, i do not want the president stopped and compelling because if that happens my value goes straight down. >> again, a constitutional controversy. congress has the power to tax. the president moves, an executive action, that will be controversial. what we are seeing is treasury secretary jack clues saying that maybe they could move ahead deregulation. basically polish the tax cut, to stop things like loans to buy

overseas companies. , you know, medtronic is doing it could set deals down. stuart: don't have to go to congress for this. >> that's right. pretty dangerous stuff. stuart: thank you. we talk a lot about the boom in whereabouts technology. my next guest wants to be a part of it. he has created a smart watch that vibrates when it senses you are dozing off in the middle of the day. my guest is 17 years old. this ceo of spark watch. that is the wants. now what does it do for me? >> it keeps track of your active motion throughout the day. immersion data. it compiles into an algorithm. using an algorithm you can actually protect the unique pattern. so when you walk into a classroom during a lecture or you go into your office and

those off during working time, it can remind you to keep alert and keep awake when you need to. stuart: it does is, vibrates. it tells a, a, wake up. he should not be sleeping in the middle of this tv show. >> right. it may make it so that people around you would not notice if it went off but make sure that it does enough to wake you up, which you back up. stuart: we want you on this program because you're 17 years old, i science genius can always did. and you are entrepreneurial. you are very typical of young people who have a great idea and are prepared to work hard to put it into practice. you are 17. you have not gone to college yet. which college are you going to? >> well, i have not figured out all of it yet, but i am thinking -- stuart: white. he just said bat speed my daughter went to their party that is an excellent choice,

young man. it is a business school. you're interested not so much in the science but the business, the entrepreneurial business. >> i love all of it. more than just the science part, as you put it, i am more of the designer tie part. the esthetics of the swatch, that. stuart: you are selling it not just on the basis that it does is to wake you up, but you think th good. >> i think it looks good. most of our customers. stuart: you designed it? >> i designed the exterior, the interface. stuart: what is the interface? >> well, it is simple to use. where'll technology these days of the mao when we think a workable technology, we think of smart watches involving a touch screen, numerous gaps, you know, a lot of instructions that you must know beforehand. ours is to buttons, one to adjust the setting some learn him and wanted turn on high

sport mode. the two months that the watch has to keep you awake. stuart: prototypical product. this is not the last product you're ever going to come up with. you have a whole bunch of them lined up. that is terrific. not in production yet, is is? >> actually, it just started. we got that. we just got started about a week ago to manufacture. stuart: where can i buy one? >> you can pre order what the white house. pre-war is obviously cheaper than the retail. stuart: how much? >> forty-nine right now on our website. stuart: that's it? $49? >> yes. will retail for 79. stuart: that is pretty good. what is the --

>> the company name is elantra the website is where blocked the outcome. stuart: okay. $49. it keeps regular time, doesn't it? >> of course. the time, the date. stuart: easy for you to say, of course. someone like me does not know beans about watches. thank you for joining us. we wish you the best of luck. when you have another product and another one after that you will come back and say yes sir. so much for economic optimism. a new poll finds nearly half of us believe we are still in a recession. details next man in the real halftime report. ♪

♪ >> i'm nicole petallides with your fox business brief. right now the dow jones industrial average is higher by 52 points, s&p 500 up six points 3501 names out of 500 with up arrows. procter and gamble, walmart, coca-cola, chevron. weak earnings. aol says. disney seeing up arrows. and to global revenue is on the

rise. most important increasing despite the fact they're is worldwide your volume slowdown. bucking the trend. and disney doing so well, particularly the movie studio and theme parks and consumer products. espn came under a little bit of pressure. you can see all up arrows. more "varney & co." coming up. the real halftime report. the pain in my scalp area and down the back of my neck was intense. it would have been virtually impossible in that confined space to move to change radio frequencies. i mean it hurt. i couldn't even get up and drive let alone teach somebody and be responsible in an airplane. as a pilot that meant i was grounded.

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♪ stuart: wednesday, lunchtime, let's get on with their real halftime report with nicole petallides at the exchange. right here. you first. how much of the recent sell-off is russia? >> i think it is a fairly sizable part of it. conflict in the ukraine is problematic. the russian troops on the move will be a problem for the markets. the markets are anticipating some escalation with the superpowers. globally we are all connected, and i think this is going to cause further problems. stuart: okay. got that. and 21st century fox has withdrawn its offer for time warner. fox is the parent company of this network. where to from here with all of the stocks and moves place well, it is quite evident right after the closing bell yesterday when fox withdrew its offer for time warner five shares went up, time

warner shares went down. shareholders have been enjoying a run-up in stock. pushing the stock to the downside. they came up with numbers for profit. they will try and extend internationally. time warner right now down 12%. twenty-first century fox is up 05%. they also announced a $6 billion share buyback repurchase program . stuart: you know, hold on, if i am a time warner shareholder i am not happy we don't want to rupert murdoch 80i billion dollar offer which put the stock up to 87. no, we are going to take 75, $74 a share. i am not going to be happy about this. >> i heard it earlier. asking a girl to the prom or the dance and she just does not respond. that is really just unresponsive it would have been a great

matchup and a misstep on a big offer. stuart: they have to figure something out. next case, 49 percent of us say that the united states is still in a recession. nbc "wall street journal" poll. about half of us. still in recession. >> and seven out of ten americans blame washington d.c. this poll is helping drive the president's approval rating down to record lows. and what is really striking is the democratic pollster on this palm, it used to be feel our pain. now it's you are causing our pain. also saying that this is going to be a really hold our nose midterm election. stuart: this one, walgreen's stock really getting punished because they announced earlier today they are not going to move overseas to get a tax break. what do you say? >> i think the punishment is probably well-deserved. this is all indicative of what is going on in terms of the president's approval rating.

lame-duck president and labor congress does not get the message these inversions will continue to be part of this group and this is what will happen. walgreens not doing that is indicative of the fact that may be a little jawboning by the president stop them from doing it. it is not an american. it is just free-market capitalism. stuart: their will be a bunch of them coming along. a lot of announcements. if those announcements are withdrawn some stocks will suffer. >> a lot of them well. stuart: there are already blocking a version of this. let's go to nicole. getting hit today. why is that? >> may be the daily deal is the stock itself. look at what is going on, down 16%, down 50% this year. they came out with numbers.

wider loss, smaller commissions. $250 million in case they needed. and disappointing guidance. in the meantime the ceo who took over the helm last in basically said we are in transformation. we are doing systems, the reid we have actual goods that are available, long-term type of discounts. there really are in a transformation. if you are a believer maybe you think you are giving the stock at a nice discount is. stuart: all right. back to sean with another poll. only 42 percent improved of president obama's handling of the economy. >> i use the term lame-duck before. i think the president is becoming increasingly just plain lane. if you look at the poll nbc lost three journal poll shows 71 percent of those surveyed said that america is in decline. as a state we are in decline. this is problematic. not only in the wrong direction, but the whole country is really in a bad position.

so this is indicative of the president's lead or lack thereof stuart: back to liz. a win for fracking in colorado. explain. >> this is drawing the fall line the monks to the democrats in colorado. on the one side you have democrats who really want fracking jobs. you have environmentalists. what is happening now, reports indicate that they need to protect senator udall. he has been coming out against fracking. now he is remaining silent. his gop contender, his rival is for that job growth here. and so it would remain to be seen. if he loses his seat, that is really key for the midterm elections. the gop could retake the senate seat. stuart: fracking in colorado. that is it for the real halftime report. we thank you one and all. now this, "francis has a new message for young people. put down your ipads. liz macdonald on that one next.

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stuart: a surprising number of people come to work runover. i'm want more. >> surprisingly low if you ask me. they make a hangover upheld. they say 50 percent of us admit to having showed up to work and over. stuart: at some point. >> at some point. i would say the number would be higher. 7 percent say we have messed up because we runover at work. leaders show up to work the most turnover followed by real letters, policeman believe it or not. and they admit to drinking the most. ahead of soccer fans and football fans. >> they are honest. stuart: all of those, that is nonsense, pronounces. >> it is a smaller survey. that is the data. this is the other piece of information that caught my eye. we admit to drinking about 280 drinks per year, but we really drink more than 800. that means it is like 15 a week. i think that number is big.

there are people out there. stuart: i am discounting that entire report. >> don't discount me. stuart: listen to this one. but francis has a message for youngsters, get off the web. speaking to 50,000 young germans he said young people need to be more productive rather than waste their time of utile things all right. come on. >> our life is made up of time. time is a gift from god. it is important that it be used in good and fruitful action, not chatting on the internet, smart phones are watching tv soap operas are using products. there are all distractions away from what really important. i kind of agree please. stuart: to learn my job. information. >> visiting things like social media sites, check in. stuart: then he should have to find it more clearly instead of just stop wasting your time. stuart: as soon as he does to my will refer back to you please

let me clarify is his position. stuart: just because you wrote a best-selling religious book doesn't mean you have to approve of everything the pope says. >> i am indeed an episcopalian. >> i am just clarifying. stuart: you are in favor. >> i understand what he is saying. i get it. >> i understand it as well have been beauty is telling us to go do stuff, get off of our farm, to be active, to pay attention to what is happening in real life. >> you have been in restaurants when people are on their farm and not talking to each other. stuart: i do it myself, checking stock prices. >> that is not being socially interactive graphics i am tired. i always am happy that i did it. stuart: i am discounting both of the reports. we are out of town. plenty of time just next. stamps.com is the best.

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