have a great day, it is all yours. stuart: happy birthday. then there is apple. the morning after. what worth a thinking? good morning. the apple watch not ready for christmas and you have to have an iphone to use it and it is not new. there are other smart what is already so what were they thinking. how about the apple pay system? use the iphone vi to buy yourself with a thumb print instead of a card's white. maybe apple thinks they get it right. bigger screens on the 6. samsung has been doing that for years so what with a thinking. apple still be the best and coolest tech company in the world's year from now when we have the answers. "varney and company" is about to begin. ♪

>> i heard from a number of sources that expect to have your hat blown off today. i was surprised by this. stuart: that was clean morris on this program. did tim cook while the crowd? look at apple's stock. i call that flat. investors not that impressed, one brokerage firm says sell that thing. we got a glimpse of the much-anticipated apple watch.he the januaipated apple watch. we're scratching our heads on the january release, after christmas. let the debate begin. for technology contributor is here. you think the apple watch is the greatest thing since sliced bread. make your case. >> i wouldn't go that far. with any new apple product, they are immediately pilot on telling us why is going to fail and every time apple bottom major

new product in this century they have been dead wrong. after yesterday's announcement there's a lot head scratching. how am i going to use this? who is it for? seems awfully expensive. you need an iphone to use it. stuart: he has got to wow the crowd, and blow him away. and lead to the foreground and take apple forward. i am not sure he did it. do you think he laid the groundwork for apple to continue to be the world's premier technology company way into the for?ture. >> the question is absolutely yes. it was a lot more subtle as the president search -- steve e apa used to do it. they put together a story, he rolls out the same kind of small atut important incrementally

innovations that allows apple to keep moving the products forward which, heeps the faithfor?l hap but also constantly brings new people into the apple ecosystem who realized it just works, makes apple products so desirable and popular, is still there and a reason to ket al buying. sales go up every quarter and new products somter imes don't want asy couickly as the ipad which is the most successful product launch they ever had but atter ting against this guy giv what he has done so far is a huge mistake. stuarve. do you think the gap, apple and samsung is growing and i am talking technology gap, brilliance that if you like. using it is growing? >> don't know the brilliance gap is growing but sales have been successful the last several years being where apple is and, by building a large screen phones and the ta3 cter s. there's a place where apple was insane and samsung could be very succesgapul so apple goes and

introduces a larger screen i phone and tablet and samsung has a hard time competing with apple. that is not good news for samsung even though the technology in those iphones may not be revolutionary. parts are unique to apple, the way the touch id workem the simplicity of fingerprint recognition is nowhere near as good. those may be smaller and less important, samsung's domain to compete with apple has gone a lot smaller as of yesterday. yo stocks but you believe apple will maintain its dominance for years to come, dominance in technology, dominance in cool, dominance in profit. you are nodding your head, you are pretty firm on this. at the top of the show -- >> they made some small but sut wale moves. aty mos apng into payments they take a small piece of a lot of transactions. at first that won't at up to a lot of money but over time looking at potentially a new

billion dollar business. they enter a new category with watches. maybe one not some $220 be thll in four yearem maybe it will only sell $50 million over four years. we will look at thnewse numbers ever time but that is another set of billions of dollars in imalremental revenue. they bring giving up a huge chunk of the phone market by not having a large phone, billions of dollars in increoental revenue available thereby giving away youtube's new album they tlyened a nof m front in a musi marketing boards that allows them to become more dominant player in the music business than they have been. you add these pieces up it doesn't amount to the, hind of 3 cockbuster product we have been spoiled by. there is no way there will be a nof m iphone. stuarve. i should never have brought this up, should never question your judgment like this. you are wrong on youtube. joshua tree is how many decades old? it was for?n has apng you on an

are watching the stock and we will see if you are right because the stock will tell a story. mark is sticking to his guns. president obama speaks at 9:00 p.m. eastern from white house. finally he will tell us his strategy for dealing with isis. wall street journal nbc poll reveals two thirds of us wants to go after him. 61% to be exact. it is in the nation's interest to attack isis. the wall street journal editorial board member mary he into attack mode, hasn't he? >> yes he has. o st number shows you the wisdo of the american people who recotouize the threat from globl terrorism in a way this administration has never recognntoed it until they were forced to recotountoe it. stuart: i think it was the beginnings of two americaments t change public opinion. the video when you see it, not that i watch it but you could,

the s apdeo change the entire story. >> there were several tipping points. the heading of niso american e apurnalists and the sigen that which reminded us that the wall street e apurnal about danl pearl and his murder. the prospect of a genocide on president obama's watch of a religious minority in iraq, he didn't want to be responsible for that. the creation of a terrorist state in the middle of the middle east, no way to play that down and frame that as somof mh of okay, something we can contain especially when you see americans getting, hilled. stuarve. he has hit a low in th approval polls. in your journal poll, down 40%, a low for that pole. i think he could start to go after the speech tonight. he doesn't say what he is going to do and that is what the american people want him to do. >> we can't judge the strateiz until we hear it but he has a long way to go.

when you talk about national defense, repu3 cicans lead on that issue by 54treto democrats 16%. that is a very wide gap. won't make that up in a single dineech and i pollsnt everybody the editorial we have in this morning's paper, dick cheney is stillbut coulen you can hear democratic heads exploding all over washington. stuarve. yes you can. we are in new york. stay there, more for you in a minute. in our next hour ambassador john atolton will be here, he will tell us what he expects from the president toncoulen could be the real threat that the president should be abamaressing. toncoulen coverage of the president's address, neil cavuto 9:00 p.m. eastern on the fox business nenisork. check the big board, we are down a little bit today. that puts us below 17,reat0 on e dow. the same story with the s&p 500, retrieve thpprr of 0.2%. gold, not much movement, hdyering around $12.50 an ounce and the price of oil bouncing

around the still -- i missed thait. down sharply in the last hour, down $1.36 at 91. that the yield on the ten year treasury, back above 2.5%. all time high for microsoft stock and the company is worhe give me the good news. nicole: take a look, right now it is to the do's is a deal that could potentially be valued at $2 billion. microsomer is in discussiomentsh the swediup, company. this company is actually the maker of be thnecrafted it work hard tobut eoain independent sie 2009. they have 3 million registered users. lego like plays the go thro3 cih the world and it can be played and desktop, smart phones, game comentsoles, to hing the world storm. they sold over 50 million copies

since h indt alendent but also supd the will not take customer information. they are not compiling your personal data. they think on a matter of principle that is not what thfo do. they want tobut eoupn independe but there are reports that microsomer is looking at a way o move ahead and purchase this company and the insiders who value this valued at $wsbillioii it has been a real winner and attract a lot of gamers. stuart: i am told that is one of the principal games that third parties look at. you watch other people playing this game. one of the bcoulgest winners in that particular field. not that i know anything about it but that is the truth. nicole: my he still talhe is another factor not just for one des apce. egtuarve. the graphics are . okay, i just like microsoft

going up to a new high, case closed. lood only 27% of us say the economy will get bter ter over the next2 months with the quarter of as think an improvement is coming. that is your layce er, the wall streter journal poll. >> wall street journal nbc news poll. mayor egtuarve. the same layce er. aco more optimistic, very pessimistic just as we were in the midc e of s evmer. surprises. the august jobs number was a rnowner, use of the cbo jeebies the projectioments that came ou where they downgraded as to the oneith r wa that was a do's look in your wages, your paycheck, employment numbers, labour participation rate, everywhere you lpeoplk it is no really great news. not necessarily terrible news but not thebut ecdyery we up,ou be havinill b stuart: here is my theory, wait for it, thebut t alublican sweee egenate. we will then get some degree of

tax reform and the economy will have a nice period of gr sos an hillary clinton walks into the white house in november of 2016. >> you are always the optwhenis and i am always the cynic in this conversation but i don't know what it is about president obama's history that makes you think this guy will compromise on an ushing. he has had opportunities to compromise on immigration, taxes, entitlement reform, the budgter , he hasn't taken a sin leaportunity to compromise. these are bipartisan issues where you had solutioments in congress on both sides. stuart: military act against crisis dragged, hiche who wants to be the president allo%. stuart: the dowmentside econo, throughout your entire -- >> as long as government is bi, der and he has more money t hand out to you and me the voter, to vote for democrats in the next election he is happy. stleaprt: the audience is on yo

side. they're not cynics, thform are realists. i am just a dreamer. the re rice scandal not going away. acfl combe thssionerbut oge salic he asked for the video frm inside the elevator, assumed it existed but never got a chaphie to see it until this week. people are calling for roger goodell tobut escouln but it wi not happeilli we don't think it is going to happen because he runs an extreoely successrosol multibillion-dollar business. jim gray, the best of the sportscasting business on that nenc. it's monday.

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if you're a current or former military member or their family, get an auto insurance quote and see why 92% of our members plan to stay for life. stuart: we are back above 17,000 for the dow but we are down 11, 17002. radio shack, bankruptcy is imminent but lowered their price target to zero as you expect in bankruptcy but it is down 10% at $0.84. different story at go pro, the stock is higher after investors.com said the camera outpaces the competition in video quality. it hit a high of 68 yesterday, 6640. time is money. in 60 seconds, your headlines. president obama and his golf

game not welcome at some courses over labor day. several luxury courses in westchester county denied his request to play. the courses would have to be enclosed and that wouldn't sit well with members but tens of thousands of dollars in membership fees. the next one, huge lucien to 32 carat white diamond full out of a mine in south africa, expected to go for 10 or $15 million, the biggest and come out of that mine, 3,100 carrots don't discover 1905. netflix protesting proposed rules on internet fast lanes, what is called nick neutrality. the protest is called internet slowdown day. netflix will display a loading pinwheel graphic.

bling 9 netflix want government to give it a great deal and want government to come in and say you can pay the same as this other person. stuart: to the nfl, $10 billion a year business and the man leading it, roger goodell, cause for him to be retired or to resign, not going to happen. roger goodell works for 32 nfl owners and makes a lot of money. here is what he said about the rice video tnt released monday. >> a videotape of what occurred in the elevator, we assume there is a video. we ask for video, we ask for anything pertinent but we were never granted that opportunity. stuart: how does such a powerful entity of the nfl not get a hold of that interview. jim gray is a fox news contributor who joins us from los angeles. roger goodell is under strong

pressure to resign, i say it is not going to happen because he is running a successful business. what say you? >> won't resign. he has acknowledged he didn't handle this right, he said two weeks ago in a letter to the owners which became public that he made some missteps and he will be going forward. they changed the policy so there were tremendous misjudgments along the way, from the prosecutor, the district attorney, all the people handling the case, the team, the league, the commissioner but he won't resign, and there is no way notice of who wants to see him leave. and is not going to happen, no way. stuart: do you think football in general will be in any way financially affected by what has happened with mr. rice? >> no.

i don't think so. not at all. you have to remember a month ago, a month and a half ago when ray rice took the field at training camp he came to a standing ovation, the people of baltimore were lined up. for the life of me i can't figure that out. what were they cheering for? that he beat up his wife? wanting to support a guy on the football field but no. i don't see any financial distress coming to the national football league from this incident at all. stuart: i want to know if fans will still watch on television. i bring this to your attention because on monday night the giants played the lions and ratings were down 16% over last year, the same game first monday night football game last year, ratings for down 16%. the ravens play tomorrow. do you think there will be any reaction from fans who may be not watch television, not watch football on tv?

any response from them? >> i don't think there is any correlation. the game was down because the score was the 85-14. the giants got killed, the detroit lions dominated the game and the people of new york went to sleep, they had enough even though the game was on earlier. i don't see there being any correlation between fans not watching one game and a domestic violence incident with ray rice. anything that would say the fans didn't tune in because of that. in fact that is just not the case. stuart: there has been an extraordinary fuhrer over that videotape and ray rice and his wife. are we beginning to get past it? is football in any way pass this yet? >> this is jarring. this isn't what we expect to see for people we look up to, from people, kids idolize and where his jersey and so when we see something like this is very

disturbing, sickening, the commissioner said it was disgusting. he spoke about it on cbs, spoke to the usa today, and everything changed when the video came out for the national football league. i think we will move past it. are we going to play it over and over again and to what point? we have seen it, we know it and we are disgusted with him, his punishment has been handed out and his contract terminated by the ravens and ravens under, we didn't do enough. to apologize for letting them down. the commissioner said he didn't get it right, suspended indefinitely, and now is time to move on. i think people will move on. don't know what else can be done. they have to in the future and deal with these things when they come up and prevent them from happening. stuart: the moral of the story is no mention never lay hand on any woman period and i think we can all agree on that one. thank you very much. much appreciated.

after the break two stories. number one, why you, the taxpayer, will be on the hook for graduate degrees and it is because of president obama. also next, federal law lets welfare recipients by legal pot in colorado and washington state using food stamps. can you believe that? after the break we got it all. there was no question she was the one.

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stuart: caterpillar downgraded. that old goat the stock. visa leading the stock. there is a new report out this morning. taxpayers could be stuck with the tab. peter barnes at the white house with details. tell me all about it, peter. >> these are people like picture lawyers, accountants, vegetarians who go to work in the public sector or for

nonprofits. they qualify for the government income -based program. for something called the public service loan forgiveness program which forgives unpaid interest after 10 years. a lawyer who works at a nonprofit hospital could see his total loan payments capped at $49,000 over a decade. they could get $7,102,219,000 in debt forgiven. the report says 25% of all of the jobs in the economy right now qualified graduate students for this kind of loan forgiveness. taxpayers could be on the road for forgiveness. it has proposed capping the amount of loan forgiveness.

>> all you have to do is work for the government. stuart: peter barnes, that was good. thank you very much, indeed. >> it will look very good to a lot of undergraduates. the obama administration, remember, nationalized the student loan market. they took it over. they made loans very cheap. this is a distortion of the labor market. it will lock him out of the students into low-paying jobs and it will not allow them to reach their potential. stuart: there is a loophole that allows ebt people to buy medical marijuana with their cards. let me get this one right.

i walk into a park. i am on food stamps. >> the larger problem here is that the administration has eight toward the law. stuart: rules, but there are no good stamp rules that say you cannot do this. >> that is par course at the end the day, they believe if you are spending money on whatever it is you are spending money on the economy. >> i want to move on. >> here is where i have the rest of the show. federal money being spent on

what is called meatless mondays. meatless mondays are good for the planet. tracy byrnes, it has just been downhill. president obama's primetime investor nation. apple betting big on mobile payments. payment process, how secure is that? ♪ hi, are we still on for tomorrow?

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stuart: we are bringing you right to the moneymakers today. liz claman is in menlo park california. you are there in the heart of it. with some of the best performers ever created. how do they pick the right products? >> how did they see what the next big thing would be? >> cameras allowed inside.

we had to, where the free food is. here in these walls, behind these walls, how do they pick the winners. a very mysterious algorithm. what are the ideas that eventually add buddy will need to adopt and use and will make money? one of the partners is here. we will bring that to you later on. anyone can tell you when something is going to fail. entrepreneurs come in, and every single day to make their pitches. the real trick, the real opportunity is where you can make the condition to figure out why something will succeed. this will face all the ideas that come through silicon valley. i was called this the beware

trade. beware that what seems like a hot idea at the time, date bad motorola flip phone, here is the new tenant, it eventually disappeared. you have to see over here. these are the members of palmpilot. here at greylock, hello, yeah -- [laughter] it is a reminder that just because something seems really hot at the very moment, it could disappear. we will be showing you the next big thing. remember, these guys have an incredible track record. who thought that was a good idea? let me put my apartment online to rent to total strangers. linked in, reid hoffman is now one of the top partners.

we will be introducing you to someone who got beyond the pitch meeting. we invite your idea. we will give you the money to grow. there is so much optimism here in silicon valley. cameras will reveal the process to you. all day long we will be revealing the next big thing. coming up at 1:00 p.m. eastern, the yelp of top self medical services. this is a fascinating company. wait until you see the business model. you can, through this process, find the smartest dr. on the planet for your particular ailment. we will introduce you to the moneymakers. only here on fox business. do not forget the lesson of the

technology. stuart: i will not forget that one. i just want to see a string of billionaires. thank you very much, indeed one of the most exciting features of apple, it's mobile payment system. link your credit card to your apple account. pay with a wave of your phone and eight thumbprint. safer than using a credit card. not everyone is buying that one. all right, paul, you do not think it is secure? >> i know that it is not secure. in order to use that device, your information and data has to be transmitted wirelessly for a period of time.

they already have the ability to intercept that data. it is called eavesdropping. it can be done from a close distance. >> they are not selling this on the basis of this is safe, everybody. >> they are selling it as a convenience factor. >> people will be able to buy that much more. you will just swipe your phone. it is being stored in a mobile device they have already .everybody's e-mail address. >> we spoke about this last night. they are just building up until they use all of this information. it will happen sooner than later. stuart: you are positive abowe e

show. he says that the big one is coming. >> it will be both consumer and infrastructure. the banking financials will definitely -- stuart: who is going to do it? >> a group of cyber criminals. these guys are communicating with each other. she's just had one of their first big data breaches. again, this will all culminate in what i call, if you watch the movie that remember, it will be a firestone. thank you very much indeed, sir. stuart: a popular videogame called line graph. why is microsoft ready to pay $2 billion for it. we will explain in a moment.

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s&p 500 up just fractionally. we are taking a look here at some of the names. visa, mastercard, american express. a negative for a name like ebay. lands and, their second report. the stock is up about 15% right now. they manage their inventory as well. radioshack, well, bankruptcy is imminent. they have a price target of zero. down about 9% right now. i am nicole petallides. more "varney & company" coming up. ♪ it's monday,

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stuart: take a look at microsoft, please we are learning today that there may be a talk to buy my show on. you are looking at it now. nine craft. it is a world building game. rotten graphics, but the game is a runaway success. could you imagine 100 million registered users for that. $2 billion. guess what, lauren simonetti is here.

she will tell us why that game and that studio are worth $2 billion. everyone from kids to the big time gamers. anywhere from $7 to $27. stuart: oh, there is revenue involved. nicole: angry birds, they are monetizing. that could be what this game wants to do. if microsoft buys it, they can sell stuff. the final reason, and this one you will like, how much would you sell for? i found a tweet from the head of this company. my price is $2 billion. he said $2 billion now, reportedly, he is getting

$2 billion. stuart: have this guide pin on our show, i would have asked him. they all say that. this guy would have been honest. >> he kind of hates these companies. pick cheney is ripping into president obama's policy. he is speaking right now. it is more harsh van map. now the american public is waking up and paying attention

to him. he said a policy can be just as dogmatic as the opposite. it was built during that error. in all that we now face, the worse allusion is the idea that american power and leadership are optional. stuart: ouch. okay. about 10 hours before the president addresses the nation at 9:00 o'clock. i want you to check this out, please. a second warning before an earthquake. is that enough time to do anything to prepare for an

earthquake? the guy who made it after this. >> a wake-up call for the rest of us who are not affect it by, that were affected. ♪ are the largest targets in the world, for every hacker, crook and nuisance in the world. but systems policed by hp's cyber security team are constantly monitored for threats. outside and in. that's why hp reports and helps neutralize more intrusions than anyone... in the world. if hp security solutions can help keep the world's largest organizations safe, they can keep yours safe, too. make it matter.

stuart: california still cleaning up after last week's earthquake. he has created a device that could save lives when the next one hits. it taps into california's shake alert, early warning system. it gives you five seconds before the ground starts shaking. we are joined by josh bloom. i get a 52nd warning. it is not a predictor. i have five seconds before the ground starts shaking. i can imagine that is useful for some people in some situations. >> that is right. it really depends upon the distance between you and the epicenter. it is great and it is easy to

build. they would have to be able to tap into this network. this network is not fully functioning yet. stuart: that is what your device does in fact. >> exactly. i am on the advisory board. the hope is that with, basically, $80 million more, this whole network could actually be rolled out throughout california and even oregon and washington state. 35 million to buy all the remaining sensors that are needed. another 15, $20 million a year to actually run it. everyone knows that they can essentially do it at home. >> i think you are using the example of a surgeon.

it gets a few seconds warning that something is coming and it is bad. that surgeon would have enough time to make corrective action. >> that is right. i think it is even more ambiguous the way i am thinking about the role. >> if you had five seconds warning or 10 seconds warning and a big one was about to hit, if you have the burners on in the kitchen, you would have time to turn that off. you may be able to move away from the objects that are not bolted down. i think it is quite a lot. i do not just see it in the operating room. it is clearly important during the japanese earthquake in 2011. getting warnings to businesses,

lifting needles. even just a few seconds can really save billions of dollars as well. stuart: thank you so much. appreciate you being with us. >> thank you for having me. stuart: we have this for you. a phone call. one of eric holder's deputies. the phone call was meant to go to a democrat. he called darrell isa instead. the judge leads off our second hour in just a few minutes. ♪ when the world moves, futures move first. learn futures from experienced pros

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darrell isa is leading the investigation into the irs. the official wants to know which documents he can release to interested reporters. what is going on? he had called isa a republican by mistake. eric holder supposedly neutral justice department conducting a non-political scandal investigation. shamelessly trying to help one side. their site. you really cannot make this up. ♪ stuart: this story is just so good. we saved the judge for this

story. i am making a joke about this. it is not funny. it is gross corruption. something this plane didn't, this old, in the midst of an investigation, they claim it to. this just incapable of conducting and honest investigation. congressman ike was right all along. independence of the justice department is what is needed to find out what the irs does, who are they going after and how for their records destroyed. >> it will not have been.

they can only be appointed by the attorney general. >> whatever behavior that irs engaged in would fit within the statute of limitations for an attorney general. it seems like a long time. it is only three years from now. it is the best we can do. this is to reveal honest taxpaying americans the corruption that goes on in the government. asking them to manifest their disappointment and this enchantment of political anger. >> i think it is important to state precisely what we are talking about here. this may be worse than watergate.

>> if the irs targeted taxpayers, what you say is correct. stuart: we note that they targeted taxpayers. what we are trying to figure out is whether or not the white house and the election campaign told them to do. the president and the white house said the dog ate my homework or an equivalent of that. we find out now. that is the point of this story. the justice department has been in cahoots with people on the committee. they have been selectively leaking information before that information was sent to the congressman. >> if the person that did this is a license lawyer, i do not know that. that person would be subject to

discipline. this person offered to release information to the political opponents that is almost unheard of. if it happens, it is never this obvious. stuart: i would be willing to bet good money. thank you very much. there is no way that the broadcast networks will report this. they have not reported the virus. >> they are wrong not to report this. a liberal justice department that does this to conservatives could very well have a conservative justice department. it is wrong for the government to make decisions for taxpayers

based on their political views no matter what their views are or who runs the government. they should recognize it as fox news has. >> it is not here today. it is a very, very serious subject. i wish we could get to the bottom of it. check the share price of apple, please. to new iphones announced yesterday. >> lot of competition. let's take a look at how it actually compares. you have a samsung galaxy.

a little bit bigger they are. it is smaller than the iphone six plus. what is being targeted here is a group of people that want a bigger screen. they are quite a bit bigger than the iphone six plus. what is interesting here is they make a place for asia especially. very competitively way of apple's saying saying that tim cook era is here.

stuart: you are an iphone person, i think. >> i have both here. i do like my blackberry. stuart: would you be tempted? would you be tempted to switch from your iphone and go get a samsung galaxy? >> i think that there are certain benefits to having a samsung. i have really gotten used to the apple interface. i think that is what the company really has going for it. they are trying to translate that into the watch. what would you do, stuart? stuart: i hate change. i cannot do that kind of thing. i am an iphone guide.

they were forced on me. thank you very much, indeed. >> great to see you, stuart. stuart: yes, indeed. president obama speaking at 9:00 p.m. eastern tonight. he will tell us his strategy for dealing with isis. the new threat may be a nuclear iran. >> everybody is taking their eye off the ball. there are more spins in iran than we do starbucks in america. >> i want to, i just want to ask you, what is the principal threat here?

>> clearly, it is a nuclear iran. we should destroy it at our first opportunity. they are nowhere close. that really is a definition of a threat. >> will he cave to iran? >> i think that there is every likelihood. it is the most likely outcome. i just do not see the president on standing. i think we have been down a very dangerous path over the past six years. negotiations were going to work. it is just giving ironic more time. >> i want to get your take on

what did cheney is saying right now. i traveled to the middle east again and again. just what is barack obama doing? some of his comments were more harsh than that. your reaction, please. >> i am not in washington. they think that obama simply does not understand the threat posed either by ironic or by islamic terrorists. whether it is al qaeda or the islamic state or hamas or hezbollah. they believe that they are more in danger. the united states has been less asserted. stuart: thank you very much for

joining us. here is what we have for you. first off, the chief of planet hollywood restaurants. the ship from fast food to health food. we will ask him. it is called meatless monday. more of our schools signing on to it. tracy byrnes, mother of three onset joining us soon. if you think someone taking $150,000 a year is well off financially, maybe you should think again. check the big board. where are we? down for most of the morning. slightly higher now. the s&p 500, where are we? pretty much flat. the price of oil is down sharply. still don't $1.

the 10 year treasury yield up sharply. back above 2.5%. microsoft near a deal to buy the maker of the popular videogame. the share is very close. the high was 4680. here is another big name that you know. look at radioshack. one analyst says bankruptcy is imminent. lower the target price to zero. $0.87 right now on radioshack. another analyst says by twitter. what is that doing to the stock, nicole? >> the stock is up 3.7%. down about 17% this year. they came out with a note and

explained why they want you to buy. a $65 price target. remember we talked about the fact that now you will be able to buy things on twitter. they think that the buy now button will be something that will be great for them. the possibilities thinks that it is meaningful. they also raised the price target to both linkedin and facebook. stuart: those stocks have been doing very well recently. ray rice and domestic violence. the nfl giving a lot of criticism for how it is handling this did we revisit that awful video. the people of baltimore were

lined up. i, for the life of me, cannot figure that out. it is one thing to support the guy on the football field. ♪ can you start tomorrow? yes sir. alright. let's share the news tomorrow. today we failrly busy. tomorrow we're booked solid. we close on the house tomorrow. i want one of these opened up. because tomorow we go live...

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stuart: by now everyone has seen the video. she takes a swing at him. she allegedly spits on him. once in the elevator, he knocks her out. "no one knows the pain that the media and unwanted opinions from the public has caused my family. to make us relive a moment in our lives that we regret every day is a horrible thing." i want to make this rule. no man should lay a hand on any woman at any time. now i want your response to generate rices statement.

the boys are not being taught that today. they should be taught that. as stewards couple, the private dilemmas, that is a matter for them and their therapist. maybe there are lots of reasons why ray rice cannot contain his hostility. maybe there are lots of reasons as to why his wife attacked him. this is a public figure. he should not be playing football. these things happen. sometimes people spin out of control. it should change the course of his life, too. spiegel he is out of football for good. he just decked his wife. knocked her unconscious. could have killed her.

sure, i do not think it is responsible for that team or that we did to have him on the field at all, ever. let him go back to law school and find his way in some other field. stuart: would you lay down the same rule for anybody else whether there is film or not? >> that accusation is not enough. circumstances need to be looked at in every case. this happens. it is an uncomfortably true. it is something for her to work out with her therapist. i hope she has one. should all be interested. >> the president feels

ambivalently about america. that is pretty harsh stuff, doctor. >> is a really harsh? haven't we, didn't we know that it took a tremendous amount of coaching to get him to renounce if he ever really -- did we hear from michelle obama that long to the campaign of her husband for president that she had not yet did she feel proud of america we have lots of indications that he has put out the message to our adversaries. i, too think that these people kind of have it coming to them he is going to be alert to that. if he does not feel that way, he is putting out that message.

>> all i want is a more muscular defense. i want to see a muscular defense of that. i do not think that we will get it. >> i do not think that we will either. he would have to address what he gave the impression that he does not like this country. then convince people that he does. stuart: strong stuff, doctor. thank you. if you make 150, say $200,000 a year, most would say that you are pretty off. the full story coming up in a moment with a dead flat market, by the way. ♪ so i can reach ally bank 24/7, but there are no branches?

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noon question of the day. you caught us laughing about it. would you pay $1 million for parking spot? cheryl casone, what is this about? cheryl: i've seen it, $1 million

per parking spot, this is in man hadden, i thought 500 grand fir parking was high. now they are going for $1 million. you have to live in the building, this is 42 crosby street, ten unit building will be. the condos themselves, 9-3 bedrooms going for 8.7 to $10 million but forget that. we are talking about a parking space for $1 million. stuart: you bought a parking space, not rent it for $1 million a year. you bought it for $1 million and it is yours for 99 years. cheryl: it is a 99 year lease. you have to live in the building and there are monthly charges on top to have a parking space. you are going to love this part. it gets better. there is the charging station for your tesla because everybody needs a charging station 40 tesla. stuart: for $1 million on expected charging station. i repeat the question.

if you paid 10 to $8 million for the condo or whatever it is, would you pay $1 billion for 99 year lease. i would buy -- i would pay a 5,000 square foot home in dallas, texas and a backyard. that is where i would spend $99 million. stuart: in manhattan. this is my dream, not yours. stuart: listen to this one. this is not for you but listen to it. just because you make six figures doesn't mean you are necessarily well off. the wall street journal's brought nick dagger has a piece that highlights how many high earners are living paycheck to paycheck. tell me, why if you earn $200,000 a year, why would you be living paycheck to paycheck?

cheryl: expensive parking spaces, really, they are spending too much, too big a home, multiple homes often, taking too many vacations, too many nice dinners out, spending too much on the kids, not being able to say no, the list goes on and on. the idea of keeping up with the jonass when you can't afford it. stuart: how many people earning $200,000 a year are living paycheck to paycheck? hard to put a handle on that. cheryl: not a lot of good stats on net. we try to look into bankruptcies as well. some folks based on upticks recently on people making six and figures and going bankrupt or filing for bankruptcy as though there are not a lot of good numbers but anecdotes. a lot of financial advisers, say it was a big problem, people making a lot of money but not saving up, not saving enough for retirement and the problem is when your paycheck is gone, where you going to do, how do you sustain lifestyle?

bernard: when it is fascinating. the urge to consume is deeply seated in america. i got to move on. this is a fascinating story. this is from the federal reserve. only 13% of families held any individual stocks in the year 2013. this is not mutual-fund. this is the ownership of stock in a specific individual company, only 13%. cheryl: since 2007 before the crash. stuart: it was 20%. cheryl: a lot of people are scared by this market, not sure where it is going, not sure of policies behind it, nervous to put their money and a lot of people lost their jobs so they had to liquidate holdings they did have to pay their bills. they also haven't seen the wage growth so they don't have the extra money that high earners do. stuart: you are ignoring something. wall street is the villain. wall street is a dirty word

almost. this administration is really hammering wall street that it is rigged, it is corrupt and taking all the money, that is why a lot of individuals say i am walking away from this. >> they are scared, afraid of the government, afraid of the traders, they don't understand, there's a lot of fear, they are angry. not that they are in great -- banks in new york ruined my life, i lost my house and my job, my 401(k) is talking have ended is their fault. that is how americans feel. they blame the banks. why shares of -- buy shares of jpmorgan if i think they ruined my life? stuart: it is a tragedy. these people walked away from the most stellar stock market rally where they could have made a fortune. stuart: cheryl: what is the entry point at this point? i don't know. stuart: three very good -- cheryl: i got a million-dollar parking space. stuart: excellent stuff. appreciate it.

here is another good one. schools are going from needless mondays because they say it is good for the planet. tracy byrnes who has three young children is next. guys! you're not gonna believe this! watch this. sam always gives you the good news in person, bad news in email. good news -- fedex has flat rate shipping. it's called fedex one rate. and it's affordable. sounds great. [ cell phone typing ] [ typing continues ]

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stuart: now the moment you have been waiting for, taxpayer funded public schools adopting meatless monday's not for help for religious reasons but because it is, quote, fantastic for the planet. mother of three tracy byrnes is here. look at that expression on your face. this is not a federal mandate. . san francisco has picked up on this and are going with meatless monday's. tracy: pushing animal rights, saving them be. enough is enough. i have three kids at home. take away her meat protein she cannot eat cheese or dairy celibacy eating?

i have a peanut butter allergy at home. he cannot eat peanut butter and jelly still wears his protein that is in from? this is ludicrous and overbearing. stuart: that is the end of the story. tracy: you could buy -- do things like this -- and with the lion king, it is important. stuart: what worries me is this could move away from being a recommendation, war i thought on the part of the federal government to mandate. tracy: we have a lot of kids coming out as vegetarians because it is the cool thing but watch how many times they break bones or our home from school. you can see it. i know kids that do this and teenagers that do this, baby sitters, because they are meatless and are not healthy all the time. no broken bones in my house, healthy kids and we eat burgers. stuart: we are going to be

deluged with e-mail about this, you realize. tracy: i invoked then be. stuart: almost everybody will be on your side i guarantee it. why should we as a nation adopt a vegan diet on mondays in our public schools? how much power do we wish to give the vegetarians and vegans of this world? tracy: i grew up as a catholic on fridays. it was still a thing back then, we did not beat me. stuart: you eat fish. tracy: we have protein and did it for religious reasons, not for animal rights. stuart: okay. are you on later? tracy: maybe not. bring up the subject again. stuart: all right. good stuff, we do appreciate it. i think i said that. let's get more on the unhealthy eating trends.

we are joined by a genuine star. not only is he the ceo of planet hollywood international but the host of the show be my guest on the cooking channel which happens to be on the air the same time we are on the air. what you doing on my show today? >> i will solve that problem with tivo. stuart: this is a serious subject. especially among younger people. this change is toward fresh, natural and organic and prepared to pay for that. did you see that in your own restaurant business? >> yes. a new restaurant, the emerging sector, no casual dining where you sit down with a waitress or simple fast food. fast casual is where the millennials are going, paying a little more. they have a wider opportunity, there is compression as well

because of other ways of eating great attractions to buy at the supermarket. deliveries over wider cuisine but the fast food chains are under attack and it hurts their profitability because once they are under attack taster discounting and everything hurts. stuart: you run planet hollywood international. >> it is one of the restaurant chain's i own. stuart: when you own it fully, 100%. you have to adjust your menu to suit the tastes and changing tastes for the public they are serving. you are in line with this trend, you are organic, whole foods, you do that. >> i wouldn't like to admit to "varney and company" viewers i don't feel a massive percentage of americans are health conscious. and still eats lots of burgers.

at dinner house, casual dining restaurant offers everything on its menu. we cover every choice you have. you might want a salad or a rack of ribs or a 22 oz red-eye. "imus in the morning" when you got to be aware of changing food trends. you got to cater to all friends if you want to make some serious money. >> our profitability and demand has declined of wage in certain categories. i think it is down double digits with the 18-20-year-olds and they are spending a little more but mcdonald's has tried several initiatives and come out with some great products but perhaps the young people still see it in the way they imagined it. stuart: i can't resist this. you and i are born and raised in

england. >> no use disguising your accent. stuart: what are we doing talking about healthy food? you know what british cuisine was in our day? how bad can it get? you are out selling really good stuff. >> you would be pleasantly surprised. there has been an emergence of fantastic food. let's hope scotland doesn't go independent. stuart: i like my had this. ceo of planet hollywood international. owner of good stuff. we will watch your show no matter what time. the tech world still mixed in its views on apple's new phones and watch. some of it, some hate it. we have both sides of the argument coming up next, the dow is up 21 points.

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(agent) i'll walk you guys through every step. there are a lot of buyers for a house like yours. (husband) that's good to know. nicole: i am nicole petallides, right now the dow jones industrial average up 23 points sitting at 17,037, the s&p 500 more than 0.1%. caterpillar is the number one dow loser, at ten dow points

down 1-1/4%, neutral from a buy at bank of america and the merrill lynch, talking about reducing those numbers, concerns about lack of growth in china. one of the reasons for the downgrade. dollar general trying to continue the takeover of family dollar. they have the 9.one billion dollar bid for shareholders trying to go that way. family dollar wants to issue with dollar tree less money for $8.5 billion. so follow that story, and tiffany maintaining a 112 price target over credit suisse, they downgraded stock. it is down a little.

stuart: apple stock back to $100 a share. did apple while the crowd with the new iphone with the apple watch yesterday? oh robinson, a technology consultant, they have different opinions on these devices. you first, you were not blown away by apple, make your case. >> it feels a little like chasing samsung, feature wise, they have bigger phones and now this watch. apple is used to leading. stuart: how about you? just address the white up, the device line up apple came up

with, you like it. >> i do because it is not necessarily about the particular product. it is about an entire ecosystem. the watch talks to the phone, both talk to the transponder. uconn latka hotel room with your watch and get mobile payments embedded with two factor authentication built into the device. they work seamlessly together and as we talked about in the past apple is the closest thing to unified computing for the masses and this is a big step forward. the phone is 25% faster with its processor, 50% faster with its graphics processor and true high-definition on the screen and this is a terrific phone. as an apple investor i don't care if you are behind on the size of samsung. if i was samsung i would be quaking in my boots because this was an excellent show that kim cook put on yesterday. stuart: what to do you say? michael raises a good point.

apple is locking people in to their system, linking their products so you got to get into that system and once you are in you are in. that is a good point. >> the payment system is a very smart, delving into a new marketplace. you look at the ipad, that was something i had never seen before and now they are not really showing products -- these products feel familiar and i really think what people remember apple for are monumental moments like the ipad, the ipod, there isn't that thing here. just a lot of following. stuart: i you saying tim cook is not the genius innovator that his predecessor was? >> i think he is a strong ceo who knows what he is doing with this company. stuart: you have been a consistent backup of that landed stock and i take it from what you set already used a lot.

>> for the long haul, definitely would still be acquiring, this is a good time, the market loves it. it is of 2% today. i think the market is voting that the guy's got it together. you have an entire play. just a small segment of the digital payment processing industry could be huge for apple and there is no one else who will tie it together. this gives them a bigger vantage over google wallet. with the ecosystem play, they got the advantage over samsung. good to let the consumer decide. i think tim cook did a good job. people were down, the street was down on tim cook in the beginning. there will never be another steve jobs. that goes without saying but this guy tim cook has shown himself to be a very savvy, smart ceo. stuart: last one to you, i you and i phone guy and a samsung guy? >> i am an iphone guy, i use it

every day. samsung products very strong. that is the key, samsung slowly but slowly stripped away at apple's success and innovation and now they're at this point where they are even and you expect apple to jump ahead and they haven't done it. stuart: good debate and i am sure it will continue. thank you very much. the taxpayer may end up on the hook and have to pay the bill for students who take out loans for grad school all because of president obama's policies on college that. millennials in law school after this.

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lou: president obama has a strategy to fight the islamic state and he tells us what it is tonight. the chairman of the joint chiefs of staff general richard myers joins us and he will tell us what he will say and what he hopes the president will say. join us tonight at 7:00 p.m. eastern, 4:00 pacific. stuart: new criticism for president obama's plan to forgive some student debt for people who go to work in the public sector or for

non-profits. a report out today from the new america foundation finds taxpayers may get stuck with the tab for a significant portion of that forgiven debt. we are joined by political prospect editor-in-chief candy mcenearny. if you leave harvard law and get yourself a public job or a nonprofit job you are going to get some of your debt forgiven. how do you feel about that? >> i am not okay with it. for the record i do have student loan, i have taken two stafford loans so i am $40,000 in debt. i am not okay with the government repay my debt for me. i was aware when i took out those loans i would have to repay this and fundamentally unfair to rely on other taxpayers to pay my debts. what the president is advocating, unfair system, the magazine said what you are promoting is take the loan according to your needs, repay according to your ability and

stick the taxpayers with the rest, not okay. stuart: this study shows some people will have up to $200,000 worth of debt forgiven. if you're going to be a teacher go to work for a non-profit, go to work for i don't know, anywhere in government and you get some loans -- we didn't know this. this is of back door forgiveness of student loans, extraordinary stuff. >> it absolutely is and the problem with it is is essentially allowing by putting forth programs like this allowing colleges to continually raise the cost of college so by subsidizing the student loan debt industry you are allowing colleges to increase their fees, their tuition. that is why each year by 6% we are seeing tuition and fees go up, two times the rate of inflation. stuart: you are saying go to grad school, take out a big debt, then go to work for the government and we will pay you. that is an extraordinary thing to do. >> exactly right and meanwhile

we have blue collar jobs we are manufacturing badly needed employees, why not subsidize trade school. if you do anything or tinker with the economy at least help the industry that is in need, not the government. we have enough government employees. stuart: thank you for joining us, sorry was so short but you made your point, we appreciate it. more varney in a moment.

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because health is everything. >> psychology keeping the woman in that marriage is something for her to work out with her therapist. i hope she has one, i hope he has one. we have an interest in re rise. we should be interested our kids not seeing him. stuart: that was dr. keith ablow's reaction to the rape crisis video. we are out of time. here is dierdre bolton. dierdre: thank you, here are the alternative investing stories we're following for you. two discount retailers are fighting.

family dollars a the prize. the call to tech investors to protecting that neutrality. we think men and women have fashion, but retail sales for men grew at a faster rate last year. and three new product lines. even seattle's bet on its future business. the company released details on a pair of larger iphones, a new payment system for mobile devices and a series of smart watches. apple's ceo, tim cook, for the wall street journal piece, you say ceo tim clark tags to succeed where others have struggled. i want to talk about payments first. a lot in the 10 communy