thank you for joining us here on risk and reward. "money" starts now. melissa francis taking you through the next hour. melissa, thank you so much. fueling terror, isis. how jihadist militants raking in as much as two million dollars a day on the black market. it is expected to be one of the hottest gadgets of the year. new concerns you may not get your hands on apple iphone six after all. close encounter of the drone kind. a near miss at lax airport that is sparking calls for new regulation. looking at smelling good. we'll show you sony's new attempt to win the selfie wars. even when they say it's not, it is always about money. melissa: isis tightening

strangle hold on middle eastern oil reserves, selling upwards 40,000 bears of oil. they are in control of seven oil fields and two refineries in iraq. allowing them to rake in estimated $730 million a year from oil alone. it is a staggering influx of cash and more than enough to move isis beyond iraq. here, ken mahoney of, mahoney asset management and jack haugh, "barron's" senior editor and james frischling. jack, let me start with you, this is stunning development in addition of 60% of syrian oil fields isis also controls. >> it's a lot of money and you would think clear something will have to be done to stop that. if something must be done, every week we go by we don't do something they get stronger and richer. hopes that it comes sooner rather than later. this is a lot of money. melissa: the show is called "money." that is part story we're

focused on here and you look at one of their main sources of revenue is kidnapping. we hear they have so much oil under their control. there is really no way, oil is so fungible you really don't know what oil you're getting right? >> this whole thing is crazy and hard to watch this day after day. we feel we have to do something. can't do sanctions. they're not reasonable people. they don't value life the way we value life. you can't deal with people that don't compromise because there is nothing to compromise with. melissa: james? >> i continue to think this has to be dealt with far more aggressive. ken said, you can't negotiate. the fact is, i don't wish the president, i wish him well but i don't see how i addresses issue without taking more action. >> tough situation. you can't just wage war from the air without people fighting with you on the ground. people on the ground won't fight until they have a coherent government they believe they can fight for. so it is really kind of a catch 22 situation. you need a better government there in order to get people to rise and fight. melissa: absolutely.

fed chair janet yellen, not tipping her hand with remarks at jackson hole claiming, quote, there is no simple recipe and interest rate hikes and expressing doubts about the jobs recovery. her comments leaving bulls wanting more but they have had quite a run. they have nothing to complain about! s&p with the 20th record close of 2014. not everyone is getting in on the fun. less than 10% of s&p stocks reach ad 52-week high. of the ken what do you think about that? whole broader market is not necessarily participating in this. specific talks driving higher. what does that tell you? >> seen pretty bad breadth. this started two months ago. if you look at charts, malaysian airline crash caused whole bad breadth. leadership is narrow and narrow. international forces are more of concern to investors sometimes than even janet yellen what had to say today at wyoming. >> what do you say? >> this is not like the dot-com bubble where one clear group is

rising above the rest. it is pretty hard to find bargains right now. stocks look pretty fully priced across the board. melissa: it tells you that it is very hard to pick winners. not everything is participating. makes you want to buy an index. >> i think there will be consequences from this zero interest rate policy, i'm not claiming asset bubbles, i'm telling you i don't think risk is being priced in properly. yellen played it right doesn't middle giving a lot of flexibility to keep current policies and rates low and seeing demand for yield and i think people are stretching for it. melissa: interesting to hear her trash talk the recovery. opposite out of washington, when she says well, the unemployment number may have gone way down but doesn't really reflect what is going on. wages are really stagnant. saying exactly the opposite what the president is saying. >> fed's game, they view inflation relatively easy to fix and deflation not easy to fix and they will err on the side of inflation. >> look what happened today,

under and over, first quarter, second quarter, time they start raising rates. melissa: aeropostale forecasting a wider loss for the current quarter, sending the stock plummeting. their new slogan, we've changed. apparently they haven't. that is what the quarter tells you. >> the business really has changedded. you can't be this small scale and fill the shelves and hope to sell them. fast retailer with large-scale, fast delivery like gap. gap is only big player to play on the scale you need to turn over merchandise quickly. >> they're teenagers that. is the market. changing management will not do nothing for it. i have two teenagers they speak the truth, you know? that is so yesterday. you can't reshuffle and hope they will buy. >> they're failing on two fronts. teenagers don't think it is cool and parents are not satisfied with the pricing. they rank poorly on both fronts. melissa: they're batting zero. perfect.

iphone 6 facing yet another hurdle, reports indicating that a flaw in the screen production could lead to delays and limited supply. got to have the screen. very hard to sell a phone without the screen. >> if you look what samsung has, nice lightweight led technology. apple is still couple years old with the technology. they're trying this cool thing like samsung yet still sticking with the old technology of display screens. melissa: what do you guys think? >> i think i expect a huge end of the year for apple but contingent on larger iphone screen where there outsized demand and hopefully -- melissa: hopefully. you can't ship the phone and we'll get awe screen later. that will not work out. >> suppliers are trying to work with apple. you could lose by wing. win their business but their delays and changes and all of sudden you have huge risk in your revenues coming from the source apple. melissa: this is my favorite important story of the day. listen up.

gopro known for a.m.ped up extreme sports videos. this is our speed. call it the dough pro. a pizzeria employee attaching one of fancy cameras to its pizza making tool. this is strangely hypnotizing, i watched it for, quite a while, i'm embarrassed to say. it was a while. why i can't watch cooking channel i was starving after watching it. the pizza looks delicious. we were trying to figure out what pizzeria. i think it is pizza hut. hmmm, so good. >> staring at the screen. melissa: it is hypnotizing without saying anything. completely inknow advertising. delicious. hmmm. not so carb friendly? delicious. they were hypnotized. they didn't have anything to say about that. is ebay about to prove uncle carl right? new reports that the company might go for a spin. get on up, you can have a seat anytime anywhere.

more "money" coming right up. ♪

melissa: breaking news. the white house is calling on russia to remove that convoy from ukraine or face consequences. the u.s. condemning the 145 russian trucks seen crossing into ukraine without authorization from either ukraine or from the red cross as flagrant violation of ukraine's sovereignty. take a look at that. all right, ebay is entering the spin zone. according to a new report from tech news website, the information, the company is now considering a paypal spin-off as early as next year. here now is fox business senior correspondent charlie gasparino with jonathan hoenig from capitalist pig. we have scott martin from united advisors. they are both fox news contributors. charlie gasparino, you were all over this story. >> uncle carl maybe wins again. i will say this, he has uncanny, been doing it for a long time at very high level. i am just sort of amazed though that he -- melissa: sorry. >> i'm sort of amazed that he is upping his game if this happens. listen, the way he always

explained it to me, made purely, total rational sense, they should spin this thing off. melissa: yeah. >> maybe that was the price, they save ad little face by having him back off. melissa: i guess. i always wonder about that. let me ask you, jonathan hoenig. ceo saying absolutely no. we're not doing this now all of sudden they're doing this if you believe the reports. what do you think? >> paypal has long been considered ebay's real jewel as -- melissa: without question. >> auction market is faded. to charlie's point, carl icahn is killing it these days. he has been right again and again, proving, i will borrow a line from wall street, he is not a raider of companies, he really is liberator of them and doing great guns for the stock prices of companies. >> i agree. melissa: scott martin, what do you think? >> i think it is interesting a lot of ways. paypal is definitely valuable. remember they lost ceo david marcus to facebook. melissa: right. >> ape chang, information officer left. charlie is right, uncle carl is

in there. to your point, carl and ceo donohoe were not on the same side for a long time. all of sudden played kumbayah. >> that was funny. >> all of sudden these guys are at least on same side. here is the last part what if your ceo donohoe and your company is worth better broken up into the parts in case of paypal? he is gonzo. melissa: there is former paypal executive, keith ray boy, has a novel suggestion to solve that problem. rebrand the whole thing as paypal. he said, change the logos, change the page, change the shirts. same value as spinning off paypal. call it paypal on the top, don't break it up. >> don't break it up? melissa: then you don't pay investment bankers. slap paypal over your ebay and communicates the same message, you're saying paypal is what is driving things here. >> there is utility to spinning it out, right? gets its own capitalization.

>> melissa, they want to unlock the value. they just don't want to change the stationary. melissa: you leave ebay to die. >> ebay is going away. >> you do what time warner did. jeff bewkes, did a great job breaking that up company. the magazines will have to survive on their own. cable company will have to survive on its own and it was sold. crown jewel is left and who knows what will happen with that. i will say this though, this is funniest part of the story because i covered it. carl went from calling donahoe a moron, literally a moron almost, say, he is a wonderful man, like three days. something had to happen. melissa: we did all kind of wonder behind the scenes did they make agreement they would spin it off on the road. >> yeah. melissa: we talked about that. for him to make such about face, i talked to the guy he has a plan. he is good ceo. >> he was on your show. melissa: did they make some sort of deal behind the scenes to do this now. >> i got a call into carl. he yelled at me about something

the other day. melissa: you're used to that. >> but i, the funniest part of the story is within hours, and it was literally hours, donohoe went from the worst ceo ever created to a great guy. >> good job, charlie. probably trying to save his job. icahn made a back end deal, if you turn on me or don't turn on me, we'll keep nut position because again, a broken-up company versus say the sum of its parts as ebay is now being worth more, doesn't exactly speak highly for the ceo. melissa: okay. we'll leave it there. thanks, guys. something you probably didn't want to see out of the plane's window as you're taking off. a rogue drone at lax could mean a major push for more regulation, just what you need. clarity from the federal reserve. our peter barnes is getting answers from atlanta fed president dennis lockhart next. we'll tell you what had fed protesters taking to the streets in jackson hole. so hard to imagine. do you ever have too much money? ♪

melissa: in what appears to be, i mean, a first, protesters have descended upon jackson hole, hell know, they don't want rate hikes. organizers urging the federal reserve to reject calls to raise interest rates and give the economy more time to heal. who says people don't get passionate about the fed. fox business's peter barnes is live at the annual retreat with atlanta fed president, dennis lockhart with more. peter, take it away. >> melissa, thank you. yeah, listen, unemployment, jobs is the subject of this year's jackson hole conference and janet yellen, giving her major

comments or major speech this morning on that. we are now joined by dennis lockhart for some reaction to that speech. dennis, real quick, what did you think of chair yellen's speech ng? >> i thought janet emphasized the challenge of estimating the slack in labor markets at this time. i think she framed very well the kind of, i don't know, challenging deliberations that the fomc is going through to determine how much more work needs to be done by monetary policy. >> yeah, she talked about how difficult it is now and as the labor markets have evolved. to actually gauge the health and strength of the labor markets. not necessarily the unemployment rate as we heard. >> she made the point, and i think it's a very good point, when unemployment was above 8% or even higher, it was pretty easy to gauge improvement and pretty easy to determine that we

had a lot of monetary policy work yet to do. as unemployment come down, 6.2%, it gets a little bit more difficult to assess how much more has to be done. >> looking at wages and part-time workers and long term unemployed. so where are you right now in your read of the economy, of the job market and when the fed should start to raise short-term interest rates? >> well, my read of the economy is that the recent data on balance have been very encouraging. however, if you look at it in the context of a very weak first quarter, a second quarter that was strong and growth terms but with a big inventory component, and tracking estimates for the third quarter, which are only tracking estimates, of around 3%, it looks like we're on a very positive track but i would say, it is a little early to draw definitive conclusions. >> i think you said, correct me

if i'm wrong, you would be looking toward, kind of the, based on the current course of the economy, probably the second half of next year before you would personally support, obviously all data depend end? >> what i've been saying recently, i think in terms of the middle of next year, midpoint of next year, and as chair yellen mentioned this morning, i think if we're surprised postively or data come in that exceed expectations, it could be earlier but if we see disappointments it could come later. >> how do you manage this process, normalization, smoothly without disrupting economy and markets? >> i think the key requirement we communicate well and clearly. obviously based on a consensus colling out of the fomc.

and that, markets, particularly the financial markets, bond markets and fixed income markets, hear what we're saying and essentially priced into futures contracts and -- >> no surprises? >> in other words we don't surprise them. >> okay. >> the last really great incident of surprise was the taper tantrum, june of last year, where we said something that surprised the markets and interest rates went up dramatically. this time around we communicate well, the adjustment will go smoothly. >> dennis lockhart, from the fed, thanks for joining us on fox business. and, melissa, it got to 37 degrees here this morning. it is chilly. we'll get back inside. melissa: so sorry for you, peter, looks terrible. thank you. whether on wall street or main street, here is who is making

money today, anyone with a piece of gap. raised full-year profit outlook because of some strong sales out of old navy. also opening up dozens of stores in asia. shares up nearly 5%. fisher getting extra pocket money. she and her three sons together have more than 900 million shares. they made an extra $190 million since hitting the breakfast buffet this morning. ka-ching indeed! facing money dilemma, basketball star kevin durant. underarmor long had their sights set on the nba's most valuable player. they are trying to lure her away from nike. underarmor is offering $300 million over the next decade. 300 million. take the money and run, my friend! spending just as much money on clothes as you probably would think, anna wintour. the "vogue" editor given an

annual clothing budget of $200,000 a year. that is 17,000 bucks a month by the way in case you're doing the math. when you think about it, $200,000 would only get you 40 top of the line chanel bags. that doesn't stretch out new item per week. maybe she needs to rework the budget. kind of light now. rice of isis, u.s. defense officials call it beyond anything we've ever seen. we'll break down the serious threat facing the united states. plus a cold wouldn't iron the way. the polar vortex setting its sights on one coastline this year. which one? "piles of money" coming right up. ♪ wondering what that is? that, my friends, is everything. and with the quicksilver card from capital one, you earn unlimited 1.5% cash back on everything you purchase. not just "everything at the hardware store." not "everything, until you hit your cash back limit."

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melissa: the killing of american journalist james foley by isis sending a shock through the

nation as the terrorist group appears to only be growing stronger. secretary of defense shuts hegel calling the jihadists a threat beyond anything we have every scene. here is the secretary yesterday. >> they are beyond a terrorist group. they mary ideology, sophistication of strategic and tactical military prowess, they are tremendously well funded. this is beyond anything we have seen so we must prepare for everything. melissa: the study of war joins me now, he is a retired navy commander. i juxtapose the statement with the statement of the president. in talking about isis, compared them to junior varsity crews--baseball group how the reconcile these things?

>> i do strategic perspective, i as a is referred to as junior varsity we were flabbergasted. they are the dream team of terrorists. there has never been a terrorist organization as well organized, as ideologically and operationally coherent, as well funded and operationally effective as isis is. they are not rock stars of terrorism, bringing in jihadis from all of the world and defeating everybody that goes against them. melissa: how does this happen? for most americans they hadn't heard of them until recently. >> they are an offshoot of al qaeda. isis decided al qaeda was no longer radical enough for them. al qaeda has a dream of the stablishing sometime in the future, isis said the time is now. we are the people, we are going to do it. all of these jihadis fighting on behalf of al qaeda, the islamic

front in syria, they saw that isis was consequential involved, engage, making the effort to establish an islamic state. they don't want to be on the periphery. that is how they did it. it just takes will power. melissa: texas governor rick perry expressing serious concern about our border, seemingly underprotected. >> there is the obvious concerns that because of the condition of the border from the standpoint of it not being secure and us not knowing who is penetrating across that individuals from bases or other terrorist states could be, and i think a very real possibility, that they may have already used that. melissa: you hear a statement like that and i think either he is right and that is terrifying ordeal as a political agenda who

is trying to attract attention back to the issue of the border since that has gone lost with russia and vices and everything else, we are not talking about the world, he is rejecting attention. which of those things is right do you think? >> isis has global ambitions, no doubt about it. they may not be able to take over any territory in western hemisphere or take over the united states but they think they have got the ability to organize the attack. you are in a strategic competition for who is the top dog of the jihad world. what they need is to pull off a spectacular attack in the west. all these killings and assassinations and territorial gain, that is important to them. stealing their playbook they have yet to execute a spectacular attack in the west. they are actively working towards it. i don't know where they will pull it off or try, i know my friends in the intelligence community are working day and night to prevent that but they are coming after us. melissa: one reason isis is such

an enormous threat is they are incredibly well funded. reports say the terrorist group brings in $2 million a day from selling oil on the black market. this story got my attention. looking at energy this idea they control 60% of syrian oil fields that now in iraq they have 7 oilfields, one or two refineries as they move further south in iraq they pick up more ground and oil is a fungible with a control and sell it at a discount on the black market supposedly $25 to $60 a barrel below the current market at a hundred, they sell on the black market you don't know what oil you are getting and this could be incredibly profitable for them. how do we battle against that in particular? >> there's only one way and that is direct action against isis. nobody wants. on the ground but the reality is isis has 15, 20,000. on the ground already. if our argument is we are not willing to put people on deck to go head to head with them we also have to exit the reality

the islamic state will continue to exist until somebody else comes in and destroys it. so far all the local players who have gone head to head with isis have been defeated decisively. we are the only people who can take the lawn. we need to do it or accept the reality they will exist for the foreseeable future. melissa: thank you for your insight. we appreciate it. the conflict in the middle east, oil prices back home in a steady decline. in two months prices have dropped $10. our next guest, phil flynn at price futures is in the pits of the cme and he joins us now. i am looking at the three month chart and it is pretty amazing the breakdown in decline. what is behind that? >> a combination of factors. the rally probably shouldn't have happened to. it was built on geopolitical risk and when prices went up, we actually saw more oil production and no real disruption to supply. it is a perfect case of high prices securing high prices.

reality caught up with the high prices. we saw demand when prices spiked so the market collapsed. the market did what it was supposed to do. oil producers did what they were supposed to do and i would argue even further, it was healthy for the economy because this price is going to add stimulus to the overall economy. melissa: let me ask you. i said 10 bucks, i meant to state 10% is the decline. when we talk in this segment about how isis is taking control of oil fields in syria and iraq this used to be the kind of thing that made oil prices spike. why aren't we seeing that reaction now? >> because of u.s. oil producer. it really has become a situation where we are producing so much oil we have created a buffer to the global economy. you know very well had this happened 5 or 10 years ago, we would have seen a price spike of massive proportions. we would have seen the global economy debt into a recession. that hasn't happened. that happened because of u.s.

oil produced. melissa: jetblue swapping signs, the people's airline cutting down on the things you love all in the name of boosting their bottom lines. you will never find me in the meatball line. ikea getting with the air be and the crowd by letting folks stay overnight. let's hope you get fantasied betting. i don't know about that. at the end of the day is all about money. she inspires you.

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melissa: i am melissa frances with your fox business brief. home depot has a new handymen in chief. ceo frank blake has announced he will be stepping down in a couple months but we will stay on as chairman. he will be replaced by the current president of u.s. retail. animal activist group peter increase the number of shares in see world. it needed to purchase more stock selected retain the power to submit formal questions and proposed changes. don't expect anything too radical. tote total shareholding amounts to 2,000 bucks. mcdonald's chose a new president to lead its u.s. division. the fast food chain is bringing back mike on dray hoping he can bring an end to the first sales slump in a decade. that is the latest from fox

business giving you the power to prosper.

melissa: from the u.s. every corner of the globe money is flying around the globe starting in ukraine where 150 of those humanitarian aid ended the country without any permission. local authorities or international monitors.

they got fed up with delays and excuses from ukraine officials said decided to just proceed across the border anyway. u.s. defense officials also suspect around 18,000 russian troops are combat ready nearby. in australia, and b and b is letting people stay at their stores for the night. are you kidding me? and for breakfast? probably a plate of swedish meatballs. we are waiting for confirmation on that. in iceland three more big earthquakes have occurred around this rumbling volcano. watch out. 2,000 quakes have occurred in the last couple days that these latest ones have been the strongest yet. intense seismic activity has put the island on red alert with hundreds of emergency workers prepared for an eruption. united airlines looking to make the skies of little less hungry.

the airline introducing new food and beverage options in the attempt to lure travelers. cheryl casone and jonathan scott are back with us. cheryl is a former flight attendant. chinos all about this. united -- when do you learn something new about cheryl every single day. i will -- would you think of the united ramping up as other airlines are taking the champagne out of your hand? >> it is a brilliant idea because passengers are all about the food. when they got on the plane they check their brains at the front cabin door and it is all about the food and drinking and they want to hang out and say stupid. this is a brilliant idea. >> what do you think? >> this is the foody culture of the day, allen brown and cutthroats kitchens. food is a major sell the especially among the higher-priced tickets.

you expect higher quality food. melissa: no matter what they do it is yucky if it is on a plane. it is hard to prepare it nicely. going in the other direction, they are cutting back to help their bottom line. which strategy do you like? >> i like the second one which is cutting back because that is a good point. you still have that connotation unless cheryl casone is serving the food, that makes it taste better, is that the airplane food is not good. it has been stale or something. they have a hard time or maybe there's a hard promise to execute. melissa: rumor has it jetblue is putting customers back in and they are applauding the unexpected change saying it is starting to favor shareholders over travelers. shares are up 40% so far this year. jetblue is overly brand conscious and consumer focus airline. i like the sound of that. no good?

what do you think? >> they are focusing on a different niche. for most people comfort is seconds when it comes to air travel to price. they are willing to sacrifice the quality of the food for a cheaper flight. it is all about -- melissa: i want cheryl's expert opinion. >> jetblue has done a good job keeping prices low but they also -- nobody wants to see jetblue go to the high end traveler because they are the airline of the people in my opinion. not sure it is a great idea. >> they were the airline of the people and now seems they are not going to be. they're doing that mid tit first class. you pay the same price, have an ic in a matter what, they're going in the opposite direction. >> they are. one thing jetblue needs to do is get more cities. frequently i try to fly to different cities and they don't fly there so they are spending money on that so airline profits world wide are up considerably over the last four years especially in north america so it makes sense they want a place for those.

melissa: the rise of the drones might be a tad too high. of personal drone was spotted 4,000 feet in the air. a few miles away from lax, several pilots were not very happy about it. >> a lot of mutt pilot friends, we still talk and they tell me they're worried about drones and safety, they are not happy about the rise of the drone at all. melissa: what do your pilot friends say? >> i am flooded and friends. they are still concerned. here is the scary part. they are flying these drones near air bases at airports and if you think about the transponders on these drones, interference with pilots, cockpits, it can be a real danger. melissa: i am surprised they didn't shoot the thing out of the sky. >> there are always questions of new technology and safety and efficiency of cars when they first launched. they will get that taken care of. you can't put down his amazing

noon novation. melissa: runs are not going anywhere. thanks. liz claman joins us to give us a preview of the latest installment of her sees price of the drones. cheryl: you were just talking about the fear factor is but how about a drone that would fly above the ice floes near the north pole and held the boats and all kinds of naval craft moves through and avoid that? aere aereonis doing it. startup drug company. you can assemble these yourself as our fox business team did last night. we got it in studio. fox business exclusive, the ceo, some of these got into the hands of libya rebels fighting gaddafi and it helped them advance against the libyan military. is that good or bad? one never knows in this crazy world but we got the rise of the drones part v of our very popular series and we are watching the markets in the wake

of janet yellen's speech which won the one hand was on the other hand and the market seemed to be straddling the flat line. coming up, for dallas fed vice president, we will know more ahead of fixed-income. what is the trade? what things would these guys be avoiding knowing what they now know about how janet yellen things? we will take you to the trading floors all-around nation. melissa: can't wait. sit tight. you can literally be a couch potato on the move. you will never need a chair again. get ready to allow the red carpet. you can party like an emmy star. you can never have too many award shows. ♪

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melissa: a check of the markets and we go to nicole petallides on the floor of the stock exchange. the maker of green mountain today. >> you can see the stock jumping in a big way, hitting a new all-time record high of $135.99. it is 14%. any shareholder would be happy, on top of the fact that the stock is up 77% this year. what is the news? why is stock jumping this way? green mountain has signed a deal to make and sell kraft foods coffee and tax compatible with their brewing machines. they did similar deals with nestle and smokers. financial terms have not been disclosed but expanding their base and the other thing that is interesting is this is also ahead of new things coming out. they will be launching new borrowing systems if everybody is on coffee over here and 2.0

and the volt, those will be this year. we have big news on a new deal with green mountain, craft as well as the new machines coming out later this year so new highs for the stock. melissa: thank you so much. everybody wants to put the like a rock star. big award shows like the emmys, party planning for the rich and famous is the booming business. what goes into planning a bash for hollywood royalty? the ceo, marley major, joins me now. some big trends in celebrity parties, eco friendly parties, though local parties, i assume that means local vegetables, local weed. >> whatever you can source locally, farmers' market and -- melissa: that sounds ridiculous

to the rest of us. >> my job is not to judge on the organic nature of anything but do what i am told. melissa: what are some other big trends, eco friendly is ridiculous, do people walk to the party or fill up the giant cast guzzler? >> a full trend is towards doing as much as you can to be eco friendly. if you don't have to fly something in out of season you don't. if you can do the bamboo place instead of -- melissa: who are we talking about? drop some celebrity names for me, crazy things you have done and seen. >> we have done super crazy things like flying hawaiian dancers and performing live on the beach and we have a lot of celebrities. melissa: like real housewives. >> that is the kind of stuff that happens with that is the trend with celebrities because we have to top everything all the time. >> the craziest thing someone has asked you for?

>> when they wanted a dolphin to swim in the pool. in the pool. granted she had a very large pool land was olympic size and i thought do you realize we were in california so they are going to eat all of us alive literally. and how do we possibly get the pool clean enough for the dolphin because god forbid one would have an issue and -- melissa: did you have to fake work on that for this person and show them what the problems were? who was it by the way? >> no -- i would never work in this town again literally. those are so many things when you have all these -- animals are one way to do that but it gets tricky. melissa: any parties to give big ones? >> all kinds of parties go around, awards and people doing things but the big trend is parties in your home, just to watch the parties before and after. that is becoming more popular thing. melissa: this was fun. will you come that?

>> yes. let me take a selfy, perfume bader, sony's latest innovation is going to win the selfy war. at an end of the day it is all about money.

>> sometimes an hour isn't enough to bring you all of our favorite stories and liz won't give us her time. our dashing line producer alex is in the control room with extra bang for your buck. alex, what do you have? >> start with the amazing chairless chair. an exoskeleton device fitted to leg, they can lean back. it's innovation at its finest. >> jack, what do you think about a chair strapped to your ass?

>> it's called my behind. it's a two cushion apparatus. >> second one, the rise of the smell-fie, women in china are so obsessed with squirting on perfume and taking pictures of themselves it's a smell-fie. sony created the camera. they have to do better than that. >> i think that stinks. jack, what do you think? >> i wonder what it says about she who smell-fied it. >> the last one? >> the most ridiculous story of the day. i am sure you heard of this vh-1 show dating naked. they get two strangers on a date, completely unclothed. one got a little too naked and suing for emotional distress. >> too naked? >> she looks naked through the entire thing. i understand she thinks her

private parts are fuzzied out. >> i'm not a lawyer but i read insufficient crotch blur. let's be careful. >> she's suing because she suffered embarrassment and humiliation just by being on the show. i hope you're making money today, here's liz. liz: no simple recipe. fed chair janet yellen says the job market is improving, but there's no simple mix for monetary policy right now. did she clarify or confuse? and how will the markets read it by the time the closing bell rings. tick by tick reaction and talk to the smartest money managers and fixed income gurus to find out what's next? gm's recall crisis taking a new turn. company's lawyers are reportedly under scrutiny. federal prosecutors want to know where lawyers have evidence about faulty ignition switches? we're on the story. a drone small enough to