[closing bell ringing]. i was talking to traders here. it is rising with the momentum of the retail sector overall, guys. david: this market is really unstoppable, at least for now. of course some people say, hey, so it seemed in 2007. so it seemed in 1999. is this one of those moments or is this perhaps the middle of a longer bull period than we are accustomed to? stocks finishing on the upside. no quite as rich as yesterday. boy, not bad at all. the dow jones up full percentage point. same for nasdaq. s&p right on the button, half a percentage point. produce sell not as rich as others but doing quite well. a wonderful tuesday. we have busy hour for you. "after the bell" starts right now. liz: so with that we break down today's action. bring in rob morgan, fulcrum securities chief investment

strategist. he is smiling. rob will tell us how he is changing investment strategy and where he is seeing opportunity. lance roberts, fta wealth management chief strategist, a even bigger smile with three stocks he says you have to add to your portfolio. gist gersch, in the pits of the cme. chris, we begin with you. a nice rally today, off highs of the session. the dow was up 91. i'm not looking a gift here's in the mouth. talk about what you expect as we get closer to a, the fed minutes on wednesday and b, janet yellen speaking on friday? >> well, liz, i think we'll see a lot of volume copping here from the s&p futures pit. we have a confluence of low interest rates, seemingly low inflation, lower than expected. and earnings have been fantastic. so, all of sudden these traders are now, almost betting on mrs. yellen making a jump in interest rates, you can see that a little bit, just in some of

the discussions happening. and we have a little bit of a pull back after those highs, like you said. not the confidence that you would want going into a bull environment storm. david: but lance, look at two days of this weak. granted, they are just two days in a year of days, but i'm wondering if you think the summer slump is over? that is, people are thinking, boy, this is about as low as it will get, i have to get in? >> you and i talked about this earlier this year. we thought there might be a pull back this summer, little deeper than it was. only thing i have a little concern on simply the volume in the market has been very, very light. david: true. >> the other thing we're move midterm election cycle. one thing potentially out there, if it looks like republicans will take the house and senate, that could put some concern that the conservatives might induce a lot more fiscal tightening in terms of policy in the next coming years. that could put a little bit after headway in front of the market. david: wait a minute hold on a

second. hold on a second. >> yeah? david: you are suggesting that conservatives are going to make it less business-friendly environment than we have now? >> no, no. if you start, one of the, no, one of the things they talked about earlier is putting a limit on the debt ceiling as an example, right? cutting back on budgetary issues, cutting back on more government spending. that will tighten monetary traction in the market and reduce some of the liquidity push over last few years. that is something worth paying attention to. liz: rob morgan, get to you at fulcrum. talk to me about your fear, if not at all then, how long this lasts. we were talking in the last hour with mike holland. he says there is much room to run simply because a whole generation of people were scared and burned by financial crisis and didn't get in. therefore there is more room to run in this bull market? >> i agree, liz. i think we'll probably pass the halfway point of this bull market but at the same time, we've got a healing economy.

you have got a stock market really isn't expensive here. not necessarily cheap but about in middle of its historic valuation range. the retail investor is just starting to get back into the market. eventually, once that, once that trend plays out for a while, that is a bad sign. but i do, i would agree with mike holland, yeah, this bull has more room to run. david: chris, i like talking about stocks. we have to talk about oil for a second, something that affectings everybody, even if you don't have stocks. it has fallen quite a bit. does it have much further to fall? >> i think, what you saw today was a dramatic pullback. that was based on a technical level at the that 9550. that did not hold. you are below 95 for first time since march. i think it was capitulation trade to the downside. i think you see it trade in a range between 94.50, up to $96. so i wouldn't go selling it

right now. it will have a bounce off of that movem today. liz: what a nice segue to lance's pick. lance, you actually like oil services company called schlumberger we talk about all the time. proctor & gamble and coca-cola you're other picks. >> yeah. liz: where is the opportunity, we're pumping a lot and extracting a lot and other companies are sprouting up doing it? >> the thing is here, this is a technical trade more than anything else because, i agree with what mike just said about oil prices. we're very, very oversold on monthly basis on oil prices. we're likely to get a bounce up towards the century mark next couple months. we're moving right time of the year. any volatility in the middle east we'll do that. many schlumberger trades closely to. mos in the price of oil. up tick is likely to feed into the stock. reasonable trade. good solid fundamentals with good dividend to boot. david: we saw coca-cola. lance, i stick with coca-cola.

it is strong brand with good balance sheet but sells something the public is less interested in than they used to be. i was reading one article about the freefall of coke and diet coke among consumers. granted they have other products. can they survive with premier brand on the downside? >> yeah. i think they will, as you said, great balance sheet. good strong cash flow. hefty dividend yield. again in this market, people are still chasing yield when there is newer money in money markets. so that is one issue. they can survive. they continue to acquire and expand their overall product database from water to juices and others. there is plenty of upside and potential stability for the company. liz: i want to get to rob's picks because what you do might be comfortable for some of our viewers and that is pick baskets of stocks. you have etfs here. i-shares, industrials and technology. the cycle of tech, where the big companies in the world put off buying a whole bunch of

computers for their employees or servers, upgrading entire systems, are we done with that or is there more to come? is that why you believe in technology? >> you know, i do think there's more to come. in general, liz, as you noticed by those etfs, those are cyclically oriented sectors. i feel if the market will be rising here, cyclical names are probably going to be the best. i think there is more specifically in the tech space for capital expenditures going forward. david: chris, what are you listening for with the fed this week if. >> i'm listening yellen to echo traders are saying. interest rates are going to rise. things are too good right now. >> you think even though they would be suggesting to tight init up and raise rates, the market is accepting all of that? >> i think the market is accepting in that. we had, you know, all of sudden, turned to deflationary tendencies. that didn't scare a lot of traders that i talked to

previously before coming on, believe that yellen and they're positioning for a yellen increase in rates. >> okay. well that is not going to be a quiet moment when that happens. david: thursday it begins. friday we hear the speech. >> might finally have a pullback. liz: may be -- >> watching that vest closely. liz: we talk about when at the tighten a lot and when they do people still won't be ready for it. rob, lance roberts. chris we'll check in a few minutes for the s&p futures close. stay right there. david: while the fed keeping interest rates essentially zero percent but the inflation rate is 2%. isn't that a 2% tax on american savers who are not in the market? who gave the fed the right to tax us? i thought that was congress? columbia business school dean glenn hubbard, joining news a moment. liz: it was another violent night in ferguson, missouri with more arrests.

31 in one night. it has police departments think about new equipment and tactics and actually putting in orders. we're talking to a company leading way outfitting the police with different kinds of personal cameras, like a spy pen. its equipment is being used by police in movies right now. david: also, it is 10th anniversary of google's ipo. you remember when it came out, $100ck? isithith when the investor could buy the stock for bargain price of $85, some said you were nuts to buy in. they turned out to be smart ones. what is next for the tech giant. how has culture evolved over the years? we'll talk to two guys right there in the beginning, you want to hear their stories coming up. ♪ [ male announcer ] once, there was a man

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9m get live squawks right in your trading platform there was like an i haderuption on my skingles. and burning. i'd lift my arm and the pain back here was excruciating. when i went to the doctor his first question was "did you have chickenpox?" i thought it was something that, you know, old people got.

we're changing the way we do business, with startup ny. we've created tax free zones throughout the state. and startup ny companies will be investing hundreds of millions of dollars in jobs and infrastructure. thanks to startup ny, businesses can operate tax free for 10 years. no property tax. no business tax. and no sales tax. which means more growth for your business, and more jobs. it's not just business as usual. see how new york can help your business grow, at startup.ny.gov david: shares of tjx companies are jumping today following its second-quarter earnings relea. liz: head back to ashley webster on the floor of the new york stock exchange. ash? >> this is probably the stellar performer of retailers, liz and david, really impressive today, finishing up 8.6% on the back of those second-quarter earnings. finish at 58.56. this stock remember after the

financial crisis sis fell below $10 a share. it has been remarkably resilient. they managed increase sales and foot traffic into the stores, so much so, they say they are raising full-year guidance. earnings up nearly 8%. they also say one of the few retailers that has been able to show improvement in their margins. as we know competitive field, offering deep discounts is one of realities. so far, tj maxx and marshall's store have not been able to do that but at the same time not lose their market share. of course analysts love that investors love that and this is really a terrific story today leasing that rising tide of retail momentum across the entire sector. david: ashley, thank you very much. good to see you down there. liz: s&p futures are closing right now. let's head back to chris gersch in the pits of the cme. chris, how does it look? >> liz and david, it has been really choppy since the end of equity close. we're up close half a percent of

all-time highs in the s&p futures. big stories down here. look for yellen to be hawkish next couple months. we could finally get a pullback. >> thank you very much, chris gersch. david: inflation figures out today show steady 2% rate which should please fed bankers that meet at jackson hole thursday to defend their zero interest rates. try telling a retired saver that 2% inflation on top of zero interest rates is a good thing. he has been seeing savings whittled down for three years and fed up with things. will his voice get a hearing at this week's fed meeting? we'll ask someone who will be there, glenn hubbard, former chair of the economic council of advisors and current dean of columbia business school. dean, great to see you. >> my pleasure. david: will anyone defend interests of poor old guy saving his money his whole life and relying on savings from savings

account to retire with and he can't do that? he has seen those savings whittled down. >> i think you're asking a great question for the jackson hole meeting because monetary policy has been easy for too long. i think the beginning of the fed's response to the crisis is very appropriate. i think the real reasons to question whether monetary policy is what is needed right now. better fiscal policy could help the economy a lot. i'm not persuaded continuation of the fed's policy will make much difference. david: as you know, if you go back to 1980 up until now, there is only one three-year period where you have inflation above interest rates. whereas you could not keep money keeping it in the bank. that period has been the past three years. all the booming '80s, interest rates above inflation. booming '90s above the same thing. i don't think we can have a booming economy with interest rates and inflation inverted the way it is. >> we're running the risk of misallocating credit by keeping

interest rates so long for so long. the real question for the fed, whether it thinks it can affect the employment situation, what chair yellen is interested in by continuation of the policy. i don't think we're going to bring people back into the labor force with monetary policy if we want to do that, we need better fiscal policy. david: bottom line, i know we're hearing signs that perhaps we will boost the fed fund rate a little bit for the first time in a long time, but, when will we actually have interest rates above inflation so that savers can make a little money. >> i think there may be a while. i think fed will start to tighten a bit before the market thinks, probably early in 2015. neutral fed funds rate is probably north of 3%. the question how long does it take to get there. david: is a good question. if you had the answer you could make a billion dollars. okay, i want to get your views what is happening in ferguson, missouri, not necessarily the purview of economists at the moment but there is something, there is this argument that inequality between richested and

poorest exacerbating situation. cause of the problem, than results of economic policy. you had a piece in the "washington post" back in february, i think it was, in fact one of the best ways to get rid of inequality, to get us closer to the poorest of the poor and richest of the rich both increasing, do across the board tax cuts. explain. >> we've really got to tackle this problem and you framed it very well. we have to remove barriers to growth and support work by least among us. by tax reform. we need to strengthen eitc and wage support for low income individuals and families. if we do those things we'll make huge progress. david: what you said in fact i want to quote you, you said a policy shift in favor of mass prosperity, dynamism and inclusion is best conducted via fundamental tax reform. i would suggest that we had that

experiment play out recently when we raised taxes coming out of recession. it did not help us to grow in robust manner, as opposed to reagan years we had seven fat years between 1983, when the tax cuts kicked in, to 1989, and we in fact looked at a chart. it showed the smallest, least wealthy 20% and the richest 20% both saw their incomes rise. the bottom 20% rose 11.8%, and the top 20% rose 12.2%. so in fact all boats do rise when you have across the board tax cuts. >> well the good news is we should be able to get bipartisan agreement here. people like marco rubio and paul ryan suggested ways to strengthen wage growth for low income individuals. business tax reform is something the president says he is interested in. we should be able to have this conversation. david: well you are, in addition to being an economist you're also astute politically. what do you think chances are, say we're running up to election

before november. say republicans get control of the senate. they have control of the house. will they work out some deal, for example on corporate taxes? we have the highest corporate tax rate in the world, everybody, republicans, democrats agree it is too high. will we have any agreement there? >> two-ways to do this. the best way for tax reform, let the president lead, that is time honored tradition. the congress could put on his desk bills relating to supporting wages for low income people and reforming business taxation. i think at the would have a tough time not signing them. david: glen hubbard, dean of columbia business school, wonderful to see you again, glen. liz? liz: david, it has been 10 years since google went public. it has moved far beyond its original search engine roots to everything from, as you know google glass, computerized eyewear to four-legged robots. we talk to two former googlers about what is next for this company. the u.s. boating industry riding a wave of optimism after

stormy years in the financial crisis. we talk to ceo of marinemax. this is the nation's largest recreational boat retailer. plus fast-food taco chain, taco bell unveiled a new one dollar menu, brand new, targeting one key group of customers. who is that? you have to stay and watch. ♪

david: time for a quick speed read of some of the day's other headlines, five stories, one minute. first up row cue tv is at the

time to launch on t v-necks month. roku platform is similar to one of company's set-top boxes. now it is integrated with smart tv software. u.s. orange juice sales, did you see this, falling to record low. good news for consumers. consumers bought 35 million gallons in july, down 9% from one year ago. taco bell offering a dollar menu nationwide. the fast-food chain's new menu targeting millennial bargain seekers. it will have a mini spicy tottada and cinnamon twist. a company doubling high speed data prices to meet or beat competitors. new plans start on friday. samsung is pushing further into the smart home business. the south korean firm is buying air conditioner distributor, quiet side. expected to be completed within a week. that is today's "speed read."

[buzzer] liz: google bought nest, that was a big acquisition. david: speaking of which. liz: happy anniversary, birthday, 10 years ago. the company went public at $85 a share. needless to say it has come such a long way since then. the stock today? nearly $600. it rallied 1081% over those 10 years so -- david: wow, so how has the company evolved, what is next and what is it like to work at the tech monster, particularly at beginning of it? who better to ask, one of two former executives, david hirsch and david gerard, up start founder and ceo. gentlemen, great to see you. thank you for coming here. let's see who should i start with, hirsch first. we have two davids here. in a general sense could you tell when you were there at the beginning of the company there was something different, there was a quality of this company that differed substantially from

all the other tech startups? >> that is a great question i get asked all the time. i think fact i took a huge pay cut to go to google, telling parents i leave a web platform named snowball going to google. my folks would say, get a job already? i remember my first day at google. i got to the cafeteria at mountainview and menu included wild salmon and grass fed filet mignon. i said what did i do wrong here? did i get myself into another dot-com? by second week, with everyone collaborating and engineers, everyone working on same problems you realized it was very, very special and huge culture would buildout. liz: david hirsch opened new york business. dave girard. you had a different role. you were at google eight years, correct? talk about your experience as david hirsch did at the very beginning. what was it like? >> well, when i got there it was, it was still a private

company, not as early as david but it was, the world didn't yet know that google was a very successful business. they knew it was very quirky and pretty awesome search engine until really the company filed the s-1 i don't think people knew what a business it was. when i went there, i had similar experience, i told my mom i was taking job at google. i thought that was a web page? i said, it is a web page and it is a business. she kind of said, jeez, they're still doing that? there was skepticism still at that time about the whole dot-com fallout. david: david hirsch, one thing we've seen, and some people saw it coming, about seven years ago, i had an interview with barry diller and he was talking about how we were going to see this massive switch of advertising revenue from the magazines, newspapers, and tv over into the, into the internet arena. did you foresee that? was that sort of mother load of revenue you were expecting for google? >> you know, google

fundamentally changed advertising from a seller driven to a buyer driven, from cpm to auction and when that switch sort of was ignited, the revenue scaled exponentially and -- david: when was that, david? >> i think it was 2001 i remember, when salar actually told the team we were moving from cpm-priced ads to variable priced ads and i believe revenue went from 50 to $500 million within three quarters, and i think the next year about 1.6 billiondollars. then the birth of ad sense which changed their whole syndication business as well. liz: the business has morphed, hasn't it? dave girard, there was always that fear they become more successful and they would become middle-aged and uncool and no longer edgy. what was going on inside of the country to -- company to make sure that didn't happen? >> larry and sergey

very beginning decided google would be different type of company. as it got big, there was assumption in the world it will mature and become risk-averse, staid sort of company. larry in particular was just adamant that was not going to happen at google. when he, when he became ceo, about three years ago i think he was really adamant about saying, you know we have a lot of resources. we're a wealthy company. we can actually take on more risk so he has really put all his energy making sure google doesn't become kind of a staid middle-aged company. david: david hirsch, actually both davids mothers were sort of questioning whether you made the right move. but wall street was also kind of reluctant to get in on google. they didn't have the foresight that you guys did and what it could become. did you ever have any arguments with investors about what google had they couldn't see? >> you know, i think wall street was, google kind of changed the game as far as company culture where they said, he you don't

have to wear a suit to be productive. you don't have to be at your desk to get stuff done and don't have a do a road show way typical companies provide value to investors and end-users. david: investors were afraid, oh, my god, this is what happened with the dot-comers? >> i think google changed the game a little bit. staying power wins. i think with 10 years later and we're in google, still say we, six 1/2, seven years later. we they, we, they, are still innovating every day. pretty amazing story. liz: david girard laughed when you said we. coziness and testament to the culture of company. there are a lot of people right now would love to be google or hired by google. what is the one thing, what is the one characteristic people have to have to harness that kind of success or work there? >> i think sort of the core thing google is looking for in people is kind of intellectual curiosity. someone constantly trying to

learn something new or do something new. this company respects experience it doesn't assume that because you've done something before you can do it here and do it well. it wants to reexplore every bit of its business, every bit of day-to-day business experience of the employees is being thought through and rethought through. people that have that sort of intellect and curiosity about everything, tend to fit in well at google. david: you guys look too young to be pioneers. you're the old-timers, it is amazing you guys still look young enough to be the new entrepeneurs. indeed you were there at the beginning. dave hirsch, dave girard, thanks to see you both, congrats. >> thank you. david: u.s. boating industry took a big hit during the financial crisis but now it is bouncing back. up next we talk to the country's largest recreational boat and yacht retailer. liz: violence in ferguson, missouri, has many police officers thinking about adopting new technology. look a lot already have wearable

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[ dog barks ] ♪ [ male announcer ] imagine the cars we drive... being able to see so clearly... to respond so intelligently and so quickly, they can help protect us from a world of unseen danger. it's the stuff of science fiction... minus the fiction. and it is mercedes-benz... today. see your authorized dealer for exceptional offers through mercedes-benz financial services. liz: let's take a look at today's market drivers. all three major indices posted gain as the nasdaq rallied to highest level in 14 years.

utilities an consumer discretionary were today's top performers. but oil tumbling to a seven-month loy as sents september sold crude and purchased cheaper contracts before trading. brent trading was lowest level in nearly 14 months. home construction surged in july boosted by a rise in new apartment building. housing starts rising 16% last month marking by highest level of construction since november. david: that is great great news. luxury boat market had to face share of setbacks from luxury tax in the early '90s, to recent financial crisis. sales are expected to rise 8% this year. marinemax, is the country's largest recreational boat retailer. they're very happy about that. today the stock hit highest level since 2007. and it is up almost 60% in the past year. liz: joining us now, bill mcgill, chairman and president and ceo of marinemax.

this has got to be a great sigh of relief as what is finally become a trend continues. talk specifically first about who is buying and why you think the come back is happening. >> thank you, liz. the comeback for sure is happening. sort of the good news is, that the customers have been boating through this whole cycle, beginning in 2007 and, so they're out on the water. they're enjoying themselves. we haven't seen them moving to new boats until recently. a lot of positive indicators going on like consumer confidence and i just heard on your news, housing starts are up. that is all good news for our business. we were actually up 22% as we announced our june quarter for the quarter. david: bill, we keep hearing particularly what is happening in ferguson, missouri, and disconnect between the poor getting poorer and rich getting richer. i remember back in the '90s, ted kennedy and george bush

together, democrats and republicans voted in luxury tax. it was disaster. not only produced revenues it claimed it would produce but killed your industry, boat building industry. 25,000 jobs were lost. in light of what is happening about the richest and poorest and that divide being unattainable, do you worry something like that could come back again? >> well, thank you for reminding me for that bad news, the luxury tax. david: that is something you would probably rather forget forever, isn't it? >> i tried to forget it forever. hopefully that will not ever come back. you know, we serve a lot of customers with new and used boats and some of those are individuals that are middle class or below. boating is still the greatest recreation out there. it ink changes people's lives. and when you do that, by uniting people with their inner emotional self and also with their family and friends, guess what, you have a wonderful

recreation. so i hope what is going on in ferguson doesn't spill over into other areas of the country and our business but we couldn't be more excited with everything we're doing with our customers seeing them enjoy their families. liz: let's get back to what you're excited about and what people are excited about. let's pull it out of the air and talk about maybe the top three best-sellers. we love to know what people are buying and also, by, how much they cost? >> well the, new sales, some of our manufacturers have been a little slow getting us new product during the downturn but the good news it is coming. liz: sure. >> i will give you an example. sea ray came out with the l class of boats, which is new 65-foot sundanceer and fly. the boat sells for around $3 million. we're sold out for 18 months. liz: what? >> additionally, that is wonderful. liz: great. >> i wish we could get them sooner. boston whaler continued to give us new products last three or four years and they have a new

27 dual console, if we could get the product, they're getting them to us as quick as they can. there are literally leaving the docks at a rapid pace. and you know, we can continue to do very well with the azmet brand of products which is italian. they have given us a lot of new products last three or four years from 64 feet up through 84 and 95 feet. the large segment of the boating market is doing very well. those with discretionary dollars as well as we're doing real well with the outboard fishing boats and run abouts as well as ski boats, which is kind of my passion. david: i got a place in cape cod. i want one of those boston whalers. i tell you, i will put it on back order. liz: i just want the food, bill. make sure the food is good on the boat and i will be a guest. >> the food, the food goes, yeah the food goes with it.

david: terrific. that's a good deal. i think you sold both of us now. bill mcgill, marinemax chairman. thank you very much. sorry to remind you of the awful days of the stupid luxury tax, hopefully, hopefully the country learned its lesson. it doesn't work, folks. good to see you. >> no apology necessary. just give me a call and i get you in the whaler and i feel better. david: okay, thanks. liz: the company is marinemax. back to the violence in ferguson, missouri. it has police departments everywhere talking and thinking about new equipment and tactics not just for riots but forever day policing. do you know how much money is spent on all kinds of accusations never pan out? we find out which companies could see bump in sales. david: president obama is considering new action to tackle the country's broken immigration system. will president put needs of big business before ordinary americans? we go to washington to find out in just a moment. ♪

liz: the missouri state trooper in charge of stopping riots in the city of ferguson is accusing violent agitators using peaceful protests as cover for criminal acts. the city's civil unrest overshooting of michael brown is raising questions whether all officers should wear victim's

cram camerases. we have todd morris. right off the bat, phone rigging off the hook, more orders, what is happening with your business? >> we're getting calls from law enforcement agencies but police officers themselves because they're interested in avoiding this situation. liz: i'm holding the most popular thing for police officers. as we look at video, this clips on to the lapel. it clips on so hard it is very difficult. if somebody were in a struggle to pull this off it, would be extremely difficult. how much does this cost? >> those cost $199. liz: $199. what is the value of this, beyond just hey, there is video version of a police officer's version and therefore, a lawsuit would go away? >> the main value for a police officer to protect their credibility. police officers unfortunately are accused of doing things they didn't do more often than many people know. liz: in fact false allegations cost police departments a lot of money. >> millions of dollars. hundred of millions in large

cities. liz: when a perp is told camera. >> immediately it stops. we heard from police officers who pay with their own money out of their on pocket for a camera like this they have had people calm down and relax as soon as they men video. liz: in fact your company, brick house, provided cameras for a police movie standard jake gyllenhaal, called, end of watch. we can show some of that what the video looked like. they used video from the actual camera correct. it was not something hollywood put together. liz: >> it was our technology. liz: it is pretty clear picture here. tell me what examples, aside from hollywood where this actually worked in police departments around the nation. >> police officers are buying themselves personally and sometimes departments buying it enforcing their use which become as little more complicated. from the police officer's perspective they want to avoid undue allegations cause them to go on suspension inimmediately. unlike perpetrator who is

innocent until proven guilty, as soon as there is claim against an officer there is action punitive taken against them immediately. liz: talk about this, this is a bit bigger. this has a clip. >> this is industrial grade recorder clips into the radio. it doubles as a microphone for the radio they're using already. liz: now i will lift up this, the pen. this is a spy pen of sorts. now would a police officer use this? >> these are actually used in under cover buy and busts. they will send teenagers to buy alcohol and tobacco using those. liz: how much does this cost? >> those cost about $99. liz: $99. what is the quality of video like? >> hd quality. liz: hd quality. how is the battery life? >> the battery runs 15, 20 minutes, full-time record. liz: here come, forget google glass, spyglasses. these also shoot video, correct? >> yes, we've been selling glasses, cameras nine years from now. this is newest iteration, hd,

battery powered. liz: how much? >> those run $200. liz: can any of this prevent the next ferguson? >> hopefully with use they can. unfortunately adoption is difficult. the trekiest question when an officer is in a stressful situation, will they reach for their camera and push the button, or will they reach for the baton or taser or gun first? liz: it can happen so quickly. >> that is the problem. they need to allow for that capability. liz: i think cameras at least, when you it can provide, video evidence off the bat, my word against the perp's word kind of thing? >> ideally we'll have this with every situation. unfortunately battery life what it is today, police officers have to push the button. liz: taser sells at your store. you sell your own equipment. i would imagine the stock is jumping. >> as ours and l3 and others. >> this is brick house security. do you have a website. >> we do. brick housesecurity.com. liz: brick house security.com.

david? david: i love those pens. president obama may take action on immigration coming up. how president obama is asking big business to support the president's agenda but how about the little guy? former microsoft ceo steve ballmer is rallying support on his new team, the l.a. clippers. we'll show you how he is doubling down.

liz: white house officials are turning to big business in a move that could expand executive actions president obama takes on immigration. david: fox business's rich edson live from washington, d.c. with the very latest. this is very tough sell, particularly if he uses executive action. >> absolutely. businesses want more visas to employ more foreign workers in the united states. white house and officials recently spoken with those from cisco, microsoft, the u.s. chamber of commerce and immigration reform group called compete america. its members include amazon, facebook, intel, walmart, dozens more. a source in the meeting says the groups discussed ways federal agencies can write regulations to help streamline the visa process and wide range of similar tech industry requests, with opposition in the republican controlled house to the overhaul of entire immigration system, reform advocates are calling on the president to act through

executive orders. one analyst says, getting support from the business community on executive action on immigration could help against opposition the white house would face. >> if you can get corporate buy-in, it becomes less controversial. whether or not they're able to do that is unclear. the extent to which the executive branch can act without congressional buy-in is also unclear. >> the white house says it is uncertain of its next move on immigration. a white house spokesperson says quote, the president has not made a decision regarding next steps. the meetings were in keeping with the president's committedment to do whatever he can within the constraints of the law to address the immigration issue. opponents are already criticizing the white house following news of the administration's meeting with business groups. republican senator jeff sessions says that while tech companies demand more foreign workers, these are the same companies that are currently laying off employees within the united states. back to you. liz: rich edson, thank you very much. david: thanks, rich.

you all remember steve ballmer's, i don't know how to describe it, supercharged pep talks when he was with microsoft, jumping around the stage like that. i do too. now he is using some of the same high octane tactics to rally support for the l.a. clippers his new team that he just brought. liz: nothing wrong with enthusiasm. the results are in for an organic tea company's annual test of american's honesty. we'll find out what city, which city was the most honest and which one was the least honest. ♪ it's monday.

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breo is not for asthma. breo contains a type of medicine that increases risk of death in people with asthma. it is not known if this risk is increased in copd. breo won't replace rescue inhalers for sudden copd symptoms and should not be used more than once a day. breo may increase your risk of pneumonia, thrush, osteoporosis, and some eye problems. tell your doctor if you have a heart condition or high blood pressure before taking breo. ask your doctor about b-r-e-o for copd. first prescription free at mybreo.com david: time to go "off the desk." the country may be getting more honest at least according to annual experiment held by honest

tea. 95% of people chose to pay a dollar. pop up stand for honest tea, instead of taking it for free. that is actually up from 92% last year. guess which city was most honest of all? honolulu. unfortunately providence, rhode island, the city government is not known for being up and up, known for least honest. gerri: ex-microsoft ceo steve ballmer is excitable guy from the famous pump up speech and speeches he used to give at microsoft t was no surprise when ballmer made quite the entrance at the l.a. clippers fan festival last night, high-fiving. look how excited they got. his debut as team's owner. greeted clippers fans with speech and jumping and more yelling and became very clear, ballmer is super excited to be clippers fans. the clippers fans are pretty excited to have him. david: a natural born cheerleader. liz: indeed. number one thing to watch is

federal reserve fomc minutes from the july meeting much investors always examine every single word looking for any clues when the fed will raise interest rates. david: jackson hole on thursday. friday we hear from janet yellen herself. meanwhile, "willis report is next. gerry, you look at what could be the end of another iconic product. gerri: that's right, liz and dave, thanks for that. one of most iconic parts of breakfast in america, oj under siege. we'll have a florida farmer tell you why. a smartphone price war is here today. consumers benefiting for the fight for your dollars. nothing is stronger than the love between a parent and child right? raising that kid could bankrupt you. solar panels are setting birds on fire so why is the white house keep pushing them? "the willis report" where consumers is our business starts right now. big news for consumers tonight, sprint