money is really the only pressure the league understands. >> not the truth. the number one thing to watch tomorrow, scotland's vote for independence. fox businesses special coverage, you need watch 5:00 a.m. eastern. neil cavuto will be there. he'll get you the latest numbers on the vote and ashley webster will be in scotland as well. >> "the willis report" is next, gerri, you have part three to buying a second home. >> you got that right. how to get a waterfront property. the hard questions you need to ask if you are considering that beach bungalow. considerable time, that's the phrase the fed is using and continuing to use when it talks about interest rates. what it means for your money. and speaking of money, some of the biggest companies telling the nfl to get their act together or they are out! we'll have the latest on this billion-dollar business. and washington says inflation under control, but

have any of them gone grocery shopping lately? "the willis report" where consumers are our business, starts right now. we begin tonight with the obamacare website. healthcare.gov, which continues to put consumers' information at risk a year after its rollout. the government accountability office saying the website is riddled with security flaws. all of this just two weeks after hackers access part of the site and inserted malware. here to help, the manhattan institute and identity theft 911. welcome to you both. adam, i'll speak to you first. so the gao, independent group, they are saying there is sensitive confidential information at risk here. serious vulnerabilities. this is a year after the rollout. how is this happening now? >> this is a work in progress, there will always be security issues as you and i talked

about over and over again in the private sector. there are vulnerabilities that pop up. there are questions on the site about the length and strength of passwords, about internet access, about whether or not there's an alternate site if the main site were to go down, this is an incredibly complex system. you're talking about federal agencies talking to federal agencies talking to other federal exchanges, talking to state exchanges, talking to contractors, agents and insurers, very, very complex. gerri: still problems, still problems, and paul to you, why are we having such problems with this? the rollout and disaster last year, so many problems then, why is it not working right? >> all back to the management of the website by the obama administration. poor management that led to a poor rollout. if you're behind the 8 ball the most complex i.t. project, you continue to be behind the 8 ball now. one of the things that was interesting about this, hhs knew it had security problems

when it launched, launched anyway, and gao said they have to do an end to end security assessment on it. gerri: i don't think most people understand that they rolled this website out knowing there were problems with it. and even now a year later they say it's okay to use. adam, to you, would you use this website? >> this is the website that exists. there are questions about it. gerri: it's the website that exists but your personal information isn't safe. >> we're digitizing medical information all over the country. federal incentives program that are high-tech, and the problem is even with private digitized medical systems, there are flaws. this unfortunately is a work in progress, it's going to take a while, but, yes, part of how we get this right is continuing assessments, continuing monitoring, continue evolution of security protocols and contractors and government talking. gerri: we've got a long, long way to go.

paul, to you, we pay almost a billion dollars for the website as taxpayers. multiple ways to be angry that you can't use the website, personal information is compromised and as a taxpayer, i'm still paying for this darn thing. it doesn't work! the outrage here is astonishing to me. you don't even have to talk about the services under obamacare, you can still talk about the website. >> look, i think it was a poor decision or let's say a government centered decision to say we have to build this from scratch. there is ehealth insurance.com. gerri: which works. >> lots of companies happy to play in this space and might increase security by diversifying players in the field. if you hacked one you wouldn't hack the others. >> we didn't get that way. two weeks ago, a hacker got in, started inserting malware. here we are all over again. a lot of people think gerri, there are problems with all

websites, target, home depot. of course the government's website is bad, too. that's not a satisfying answer. these problems should be fixed. >> must be fixed. and the gao said on a number of fronts cms was getting it right. they had a lot more work to do. this is a historical problem for the federal government through many -- this is not even a red state/blue state issue anymore. when it comes to this, we're in a state of emergency. gerri: state of emergency, absolutely right. open enrollment for obamacare in less than two months. paul, to you, they're delaying it after the election, why? >> because it's going to be another mess. so as we know a number of insurers are increasing rates, and the president said you can auto enroll in the plan you had last year. the problem is that your plan that you're in costs may have gone up, it may no longer be the silver plan, the costs would change.

gerri: so what i thought i had locked in, i don't? >> you have to do it all over again to make sure you have the correct premium, otherwise you amount of money. gerri: you did a great job. paul and adam, great job. and another factor influencing your money today, the federal reserve, the central bank saying it's staying the course with monetary policy, keeping rates at record lows for a considerable amount of time. the markets rallied on the news with the dow closing at all-time high. not everybody is happy. financial analyst greg mcbride joins me now, welcome back, good to see you. i'm still getting e-mails and tweets, people on facebook who are retirees saying please, please raise interest rates. describe what's happened to people who are savers over the last five years while rates have been so low? >> well, it's been five years plus, and yes, the interest rate cuts have decimated interest income. so a lot of the savers whether

they are retirees or anybody else dependent upon interest income, earning 1 or 2% maximum on savings account, certificates of deposit. that compares to 4, 5, 6% at times as recently as 2006. you've seen the interest income a fraction of what it used to be. gerri: when i tell the kids on staff, you used to earn 5% in the money martha, -- market account. rising rates for retirees, what it would look like as a practical matter. tell us. >> first of all, don't get your hopes up. a lot of people, you're still going to get those e-mails and tweets for quite a while, interest rates aren't going to go up for a while yet. once they do, it's going to be slow. here's to put numbers on this. somebody who has $100,000 invested, retiree for example, has $100,000 invested in cash

investments. a full percentage point increase in interest rates generates additional thousand dollars a year in interest income. that's a full percentage point increase. that is still a ways off. i think you're getting the e-mails and tweets for quite a while. gerri: you mentioned we will be waiting, talk about how this is likely to happen, it's not just the fed that sets interest rates. the market does it, too. >> yeah, absolutely. bond yields are going to move ahead of the fed. markets are forward looking, so you're going to see bond yields, longer term bond yields creep up as we get closer to the timetable. once the timetable comes into focus. the other aspect of this too is the stock market has been rocking because it loves the stimulus of record low interest rates. gerri: right. >> when investors realize that the punch bowl is going to get taken away, they're going to throw a hissy fit. correcy, remi interest rates,

the whole reason we're talking about this is the economy is getting better. and the federal reserve is not going to raise rates until they're sure that the economy is healthy enough to justify those higher rates. if we consider it in the context, any pullback you see in the market because of higher interest rates could be quickly reversed. very important. don't bail, hang in there. gerri: you say a hissy fit, i hear a hit to retirement savings. i don't like that. you think that would be short lived. look, my thinking is you've known this was coming for some time. how is this a surprise? >> absolutely. that's my point to borrowers. you had this extended wind of record low rates. action step, pay down the variable rate debt. that's going to be a problem when interest rates start to rise, particularly things like home equity lines of credit, focus on paying down the credit card debt often the highest debt that people carry. so yeah, this has been a

longtime in the making, and the point the hit to the retirement savings, any pullback would be temporary. do not, do not let short-term volatility distract you from your long-term financial goals. gerri: great advice, thanks for being with us tonight, appreciate it. >> thank you, gerri. gerri: and now we want to know what you think, here's our question tonight, should the feds raise rates now? vote on the right-hand side of the screen, i'll share the results at the end of tonight's show. tonight tune into "making money" with charles payne, he's in the next hour for continued coverage of today's fed announcement. he'll have more. and looking overseas, excitement and anxiety are mounting in scotland with nine hours until polls open for the independence vote, political leaders make passionate speeches on both sides as a surge in the polls have many thinking maybe the country will no longer be part of the united kingdom. over the next 48 hours,

stay with fox business for complete coverage of the vote which could have big financial implications across the globe. starting at 5:00 a.m. tomorrow morning, 5:00 a.m. tomorrow morning, neil cavuto will host a special report featuring our own ashley webster in edinburgh. coverage will continue into "the willis report" as we look at important impact to you, the cost whiskey could go up because of this. no kidding. still a lot nor come, including your voice, your voice is important to us, facebook me or tweet me and go my website gerriwillis.com, send an e-mail. at the bottom of the hour, i'll read the comments. first the age. activist advertiser as major companies drop endorsements and warn the nfl about the league's off the field scandals. what this means for america's game? coming up.

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. gerri: breaking news on the nfl. carolina panthers has released defensive end greg hardy for domestic violence charges. we've been covering the nfl extensively as you know, the fallout for superstars.

this headline catching the attention of people in the media. joining me robert tuchman, sports branding expert and president of go veeva. he's with us in studio. robert, what is your reaction to this? this comes on the heels of extensive problems in the nfl. every day it seems somebody else is losing a contract, endorsement deal, or getting released. there is greg hardy right there. what's your reaction, is he important to the team? >> no doubt. greg hardy probably the best defensive player on the carolina panthers. if you look at ray rice, adrian peterson, the top stars in the nfl. so in a matter of a couple weeks, there's three all-pro players who aren't playing anymore. certainly this is affecting the league. gerri: affecting the league and major endorsement deals in question, lots of sponsors, advertisers pulling out, stepping back, anheuser-busch, for example, there's $185.3 million on the line here.

my question for you, because they are obviously pulling back here, is this -- and here you can see, this is how much money they're pulling back. are they doing this because they're outraged or doing this because they think it's the right thing to do and maybe this is almost a marketing gimmick on their part? >> i wouldn't look at it as so much a marketing gimmick. they are really concerned. this is domestic abuse, child abuse. brands we're looking at with the nfl are family brands. mcdonald's, visa. so if you look at anheuser-busch, they have over a billion dollars tied into the league over the next six years. they're the last ones who want to pull their sponsorship. all the brands put tons of money. they just know how serious the issue is, and the reason they're pulling back and the reason they're releasing these statements is because they're getting it on the other hand from consumers. it is a serious situation. gerri: i guess social media plays a big role in this.

>> no doubt, if we looked at this five, six years ago, we would not see the same type of situation, it's a snowball. things pile up, social media. gerri: nike announcing it suspended contract with viking star that you mentioned, peterson. what's interesting is they're pulling back from the nfl generally as well. normally you have a problem with tiger woods, you pull back tiger woods deal. now a backlash against the league itself. what do you make of that? >> i make of it that you look at this situation now and the fact that the ray rice incident came out and adrian peterson on the back, and greg hardy. if you look at it, it's this perfect storm and it's forcing the nfl to really look at itself, change the policies and understand this isn't a one off isolated incident. we look years ago, michael vick, this is a situation where they're making the changes and it's forcing these brands not

to just pull back from the players but the league and the teams, which is something i've never seen. gerri: you've never seen and you're right in the middle of it, because you're in marketing for the companies. you see it all the time. what happens next? 17.4 million people watching the games. can they maintain these levels? >> here's the issue. people are going to watch the nfl. it is the strongest league, the strongest form of entertainment sportswise we have in this country. the nfl has the ability to pull the players out, put in new players and people are still going to watch. so the real issue here is sponsorship. because if sponsors pull dollars and the nfl has over a billion dollars in sponsorship, a billion dollars, that's unheard of in anywhere league. if they pull that, then the nfl has problems, and that's why it's so important for the nfl to get the game plan right. if they don't they're going to lose the sponsorship dollars and don't have a league. gerri: what do they need to do?

>> exactly what they're doing, they brought in a couple of consultants who are domestic abuse advisers, it's the window dressing they need to do and what they need to do is looking at this seriously and make sure that all players, and they are now, briefed on the, of domestic abuse, child abuse, and make sure that the players that they have never come into this situation, and if they do, they're going to be out indefinitely, they're going to be released, and then the players change. i hope. gerri: take strong action. robert, great to meet you. go viva is the company. >> thanks for having me. gerri: users guide to buying a second home at the beach. don't you top do that? and next, we head out to the plaza with the one electric car. i would buy this thing. look at gold wings. is this not awesome? the brand-new bmw i8 is outside. a sneak peek at it right outside. (vo) watching. waiting.

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. gerri: hybrid cars are slow, unattractive. is that what you think? wait until you get a good look at this. the bmw i8. the german automaker calling it the car of the future. this is the product manager for bmw. >> somebody yelling over my ear here. thanks for being here. >> take a look at this bmw if i can. gill, look at this.

this is a thing of beauty here. so jose tell me, this is electric car, is it the hybrid. >> it's the best of both worlds. can be electric car when you need to be, all will way up to 75 miles an hour, all electric, up to 22 miles of range. if you want have fun, it becomes a plug-in u can put it and get a top speed of 125 miles per hour. gerri: is the body carbon fiber? >> exactly. the entire passenger cell is made of lightweight patent carbon fiber, we make it into the car, brings the complete weight of the vehicle low, and it just becomes such a quick driver. gerri: what's interesting about this, this was a concept car at one point, and interestingly allot of things in the concept car are in the actual car. how did you manage the go wings here, the doors are amazing. >> exactly. what you saw in the concept we brought it into the production

car, that was exciting for us because we were able to not only incorporate the exciting design aesthetics and design language but also able to bring efficiency down, up to 76 miles per gallon equivalent so it cuts through the air. gerri: jose, i'm going to get into the car. a big audience, they love seeing this car. this is going to take a lot of finesse on my part. so come over here. so tell me about this interior, looks like a big display here? >> exactly. two displays, we make ultimate driving machines so everything is oriented towards the driver. ease of access, heads-up display, everything you can touch, look and feel is made out of sustainable materials. gerri: i assume i can see behind the car with this. >> exactly. gerri: there are cameras? >> there's a top view surround

camera in the vehicle. gerri: okay, so now you said this is made out of carbon fiber, does that make it lighter? >> extremely light. about 3300 pounds and in a sports car category that is amazing. gerri: i understand this can go fast, i think of electric cars as slow. >> 0-60 in approximately 4 seconds. top speed is 100 miles an hour. >> achieve half a million cars a year by 2020. and you know, maybe we can do better than that, but i think that's what i feel comfortable predicting. >> some states, new york, massachusetts, are saying welcome tesla, you can directly sell to people without the dealer model. will you be afraid to take on

real critics and tough people like a dealer lobby? >> i think we're always going to fight for the end customer. that's who we care about. we've never sold a house before. (agent) i'll walk you guys through every step. there are a lot of buyers for a house like yours.

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and a free 30-tablet trial. ♪ gerri: ah, as the song says, wouldn't it be nice to own a beach house? almost everybody wants one. but what do you need to know before you surf into the vacation home by the see? that is the focus of tonight's user's guide buying a second home. let's take a look at the idyllic beachfront city of destin, florida. destin is part of florida's

emrecalled coast. it even has a fishing rodeo. the fishing rodeo was formed in 194and organizers say it is for anglers of all ages. if you want a beverage to go with the seafood. destin has its own beer festival. this marine park almost puts heavy in petting zoo. it said you should not leave without getting a kiss from a harbor sale. if you rather socialize with your own species destin has a lot to offer. the nightlife has many dining and drinking choices. club bimini has outdoor entertainment and outdoor dance floor. creativity extends to the nightclub names, hog's breath saloon. the median price of a home in destin in july was $192,500. that is down 7.9% from a year ago. homes for sale also spent 56 days on the market compared to

51 at the same time last year. according to the emerald coast realtors association, destin has a 7-month inventory compared to six months of inventory last year. in short, destin isn't just a sandy paradise. it is also a great opportunity for buyers. lots of people paying cash there. 67 buyers paid cash for a house in destin in july of this year, up from 43 during the same period last year. joining me coastal living magazine and home ex-im problem. expert tom critler. we're talking beach homes. an tone yo, i will start with you, i get your coastal living magazine and it is beautiful and it is like, it is like candy for people who like this kind of thing. tell me what are the assets. what are the elements of the beach house most appealing to buyers right now. >> the biggest element is the view. nothing can replace that. but at the same time there are interesting design features

we're seeing a lot of in beach homes very important to people. that includes outdoor living spaces. you can expand your whole amount and size of your house when you have outdoor living spaces. we're seeing a lot of porches and patios. we're seeing fun features everything from fire pits to fireplaces to spas, hot tubs. gerri: i love that whole idea. of course it is critical, that for a lot of placings people are packing bodies into these houses. >> they kind of are. you don't go to beach house to be alone. you go there all the friend and family want to come. gerri: family. >> important for the house, is this house good for multigenerational uses? you want to have parents, grandparents. a lot of bedrooms with smaller ones. bedrooms packed with lots of bunk beds. gerri: this great resail thing. >> you want rooms for lots of beds. what about getting out in event of an emergency? what do i know need to know about if buying one of these houses? >> obviously you will always

follow local zoning laws. you're not running a boarding house. you're not renting it it out. this is you and your family. you want people comfortable. in each room only put appropriate number of people. always good to know about fire escapes and exits as well. what is nicer about smaller bedrooms, makes big living space with communal areas. living rooms open into kitchens and dining rooms and dad making pancakes in the kitchen and talking to grandma in the living room. gerri: i love that whole idea. got me on the hook now. tom has words of wisdom here if you're looking for a beach house, things to look out for what you need to know. >> yeah. gerri: one of the things i worry about to buy insurance. >> yes. gerri: buy flood insurance typically. that world is changings how? >> it really is. the average flood claim is 3thousand. the is a big number. the -- $38,000. cost has gone up significantly. area where it is required is expanded. that consideration of that expense buying a beach house.

you need to know about the zoning. fema flood maps changed as recently as july. if you're in v zone you're susceptible to wave action or tidal action that could be very destruck stiff. gerri: a lot of people are concerned about this, worried about this. frankly i know people who had to elevate their beach house. >> yes. gerri: because those rules have been redrawn. tell us what that means for folks. >> so that probably as dramatic improvement you will ever make to the home. you have to remember it can't be done to all hopes. the home has to be structurally sound to do that. a lot of coastal communities those homes are not meant to be year-round residences. they started as weekend places. unless you have a really good structure you can't raise the house. even if you raise the house, you will have to fall into new cat goresries in terms of that zoning and upgrading of wiring and wind resistance. gerri: on and on it goes. >> on and on. gerri: i think solution is getting a great housing inspector. >> yeah. gerri: you want a great inspector when you do this.

some of these houses are haver inable to mold. they may have had some water damage. i know as an owner you sell to try to hide those things. can an inspector help you uncover the problems if. >> certainly that is something an inspector is trained to do. the cost of these homes has gone down dramatically in some areas. many owners are done with it. they are tired of it. they want to get out. a lot of investors looking for flood damaged houses. there could be opportunities there but they're very risky opportunities. in addition to the conditional of the house you have to think about the land. are there easements on the land? do you have public access to the land? gerri: oprah winfrey or one of the big stars out west found out there was access to their, by the public to their property. >> question. gerri: a lot of people say the best day of owning a boat is the day you buy it and day you sell it. maybe people say that about beach houses too. >> definitely not. gerri: what is the upside? >> i hear people saying this is the house i will never sell.

this is where i want to live forever. pass this down to my kids. they really keep it in the family for generations. >> if you're going to do that, retire at that beach house, tom what kind movedifications and changes do you want to make to it? >> think about accessible designs certainly. if the home is up, how will you get up to that? how will you walk those stairs when mobility becomes -- gerri: first floor living. >> exactly. but also inside the house, think about the accessibility of the bathrooms and bedrooms. simple things you can do, lever knobses as opposed to round doorknobs. they are easier to access. gerri: you look at these houses all over the country and there are pictures in your magazines of beautiful homes everywhere. what are some of the hot areas? for example, i hear that instead of just buying on beaches, people are buying along marinas now and they love that. >> we do a list of america's happiest seaside towns. that is fun list if you explore where would i like to retire or where i want to buy a home.

chincoteague, virginia, and captiva island are number two. those places year after year they draw a crowd. they have ture its and love it. gerri: chincoteague is home of ponies. >> and the horses. >> thanks for coming in. >> you're welcome. gerri: tomorrow our user's guide to buying a second home continues. we'll look at overall housing mortgage rates in particular. we'll tell you how you can get the second home financed if you're not paying all cash. it's a critical "willis report" you want to see. we want to hear from you much the fed renewing a pledge today to keep interest rates near zero for a considerable time. should they, should they be raising rates now? here is what some of you are posting on my facebook page about our poll question. ray writes this, the fed should raise rates only when the economy is able to continue to grow with less fed stimulus. we just aren't there yet. sandy disagrees. yes, seniors and savers of this country have given enough.

they have lost ground to inflation and wall street is taking advantage of this false zero interest rate climate. enough meddling. interesting. here is some of your emails on the recent announcement by burger king that it may buy tim horton's an move to canada. dan from arizona writes, no, i would not boycott burger king. the u.s. corporate tax rate is the highest in the world. it places u.s. businesses at an unfair disadvantage. cathy from florida writes, no, i will not boycott burger king. i feel it is our government forcing them into this decision. they are making it impossible to run a business here. mary from pennsylvania agrees. hate to say it, i think good idea. only when congress wakes up to pass legislation and help businesses stop taxing them to the point of extinction will this nation recover and grow. we love hearing from you. send me an email. go to gerriwillis.com. when we come back the government says inflation is under control but do you believe that? next the, we answer the question, how do you do that?

with all the flooding this country has been experiencing lately, we'll tell you how to find a used car that hasn't been underwater. it's a critical piece of information you will want to have. here's your consumer gauge with the numbers you need to know. we'll be right back. ♪. [ male announcer ] the lightest or nothing. the smartest or nothing. the quietest or nothing.

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your breathing suddenly worsens, your throat or tongue swells,... you can get hives, vision changes or eye pain, or problems passing urine. other side effects include dry mouth and constipation. nothing can reverse copd. spiriva helps me breathe better. sfx: blowing sound. does breathing with copd... ...weigh you down? don't wait ask your doctor about spiriva handihaler. gerri: hundreds of thousands of used cars on road today have a dirty little secret. not only will it cost you money but your safety could be compromised. how do you keep yourself from getting high and dry. alec gutierrez is here. welcome back to the show. explain what tile washed means and how many cars we could be talking about. >> title washing generally refers to whether unscrupulous

individual or dealer, take as car with branded title, salvaged title, usually the result of flood damage or damaged frame or other such happenings and take that vehicle and find a way to either alter the vin pattern, either digitally or analog and, rebrand the car. it is done by taking the car registering out-of-state in a state that doesn't reference the national title database to in essence wipe away the previous history. >> you said a lot there. let's unpack some of this. we've had several very large storms, hurricanes. a lot of cars were submerged. for example, hurricane ivan submerged 100,000 cars in the southeast. katrina 600,000 cars. it goes on and on this list. see it right there. hurricane ike back in 2008, 100,000 cars. so, instead of just junk those cars, there are some disreputable folks that try to resell them. keep in mind you may not be in the market for a used car but somebody coming down the highway

opposite way from you is so you will be on the road with one of these cars if you're not careful. what are the telltale signs that you're shopping for a car and the car that you're seeing has some kind of a problem. >> well the first thing you want to do is run a vehicle history report. check carfax or experion auto check that. is the quickest way to determine if there is any sort of flood damage reported that. assumes though that the previous owner or whoever owned that vehicle previously actually reported that car. if you're just looking for signs to identify a car that doesn't have anything that shows up on the title history, you want to gift car a sniff test. get any sense of mildew or mold. if there is any residual smell left over. you want to connect areas that will be difficult for someone to clean or replace. check under the seat. eif there is moisture there. water lines in the trunk or engine bay, corrosion or rust underneath the car. those are some first areas i would check to see if a vehicle has flood damage if something doesn't show up on the title

report. gerri: you have to look at nooks and crannies. they may hide big things around. we heard a story about a woman, car wasn't working well. held together by zip ties. some idiot put it on the market. it was clearly damaged but she didn't know it. what do you do if you buy one much these cars and find out later is it is compromised. >> that is awful situation. in this case, to me it seems like one, you will want to give the vehicle thorough as inspection as possible. even for someone not an expert. if you open up the hood up you see zip ties everywhere that is big red flag. if you get wool pulled over your ice and buy the car and get tricked. you will have to take the dealer to court or person who sold the vehicle. ultimately if you were to make a claim that vehicle sold as is, that does not cover or dealer that does not protect the person misrepresenting the vehicle has a salvaged title. that's what you have to do. gerri: that is a very good

point. probably better thing to do is find a reputable dealer. you have some advice on that. >> absolutely. first and foremost deal with a dealer that knows what they're doing, has a good reputation. we recommend checking sources like yelp. dealer rater.com is good one. specifically focused on impacts of dealer. talk to friend or family, recommendation from someone they had good experience. nothing will beat the vehicle history report. that will find things that won't show up in inspection and that case the data can't lie. gerri: dealer rater.com. thanks so much, alec. good advice. appreciate it. >> thank you. gerri: still to come, good news the next time you head to the store. we'll have latest on inflation with a new report on consumer prices. stay with us. ♪

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and learn more about the kinds of plans that will be here for you now -- and down the road. i have a lifetime of experience. so i know how important that is. gerri: well, according to the federal government you're getting some relief for your wallet. the labor department says consumer prices fell in august for the first time over a year but it is not all good news. families are experiencing sticker shock at the grocery store. food prices jumped nearly 3% over the last year. here with advice how to deal with higher prices, liz stern. she is creator of the blog, divamoms.com. welcome to the show. great to have you here. >> thanks for having me. gerri: who are these people at federal reserve, who are these people in washington think there is no inflation? i see it every single day when imshopping? how but? >> everywhere you go. every single supermarket you go to inflation is there. we as parents and families need

to get smarter about it, where we're shopping and how to look for lower prices. >> absolutely right. look at some prices year-over-year. pork chops up 22%. cheese up eight. milk up seven. of the ground beef up 11. lemons are up 34%. grapes up 17. across the board, almost every aisle you go into you find some higher price. it is shocking to me. how do you cope as a mom? >> as a mom with three young children i think i am starting to shop a lot smarter. i'm also telling moms out there, don't just, when you go to the store, buy what you first see. shop around. you have to see what is going on at other stores. you have to be a smart shopper. you also suggest, using coupons. that is what they're there for. start shopping online. before you actually make that purchase, do your research and to see what the best price is out there. gerri: okay. so the headline today was beef and veal costs up 4.2%. it is so funny, every category of meat is up. if you're looking for protein

pour your children you may feel like you're out of luck but are you finding other options. >> you have to. you have to look for other options. whether beans, tofu or eggs there have to be other options. a lot of families can't afford the price to buy beef for their family. you have to look for other options. same thing for vitamin c. if you can't buy oranges, look for other products with vitamin c, whether broccoli, kale, other vegetables. you have to be a smart shopper and look around for research. gerri: you're a mom and milk prices are through the roof. >> through the roof. for a family, especially a family that loves milk, that needs milk, drinks milk, milk is very important. you need to do your due diligence and research to find out the best place to find milk. also if you're living in a small town, look around because perhaps there might be local vendors that are selling it for less. gerri: you know, i know a lot of people eat out and those prices go up doubly when you go to the restaurant right.

you're better off -- >> absolutely better off, tell parents beginning of week, sunday or monday, try to shop for the week. cook your meese at home because you will wind up spending less cooking meals at home and spending more quality time with your family and rather than eating out. gerri: better food. >> much better and healthier hopefully. gerri: thanks for coming on. >> of course. gerri: she is a mommy blogger. divamoms.com. time for look act stories you're clicking on foxbusiness.com. home confidence is nine-year high. the brighter outlook reflects optimism will rise next six months and construction of single pamly homes will follow. the index risen four months in a row. ups will hire 50,000 more extra workers up 20,000 from last year. both companies expect increase in online shopping to help boost their bottom line. news is not good for sony which is expecting its annual loss to balloon past $2 billion.

they're blaming swamping phone sales in wake of apple and samsung dominance of the phone business. sony is doing away with dividends since first going public way back in 1958. control of alibaba will stay in the hands of founder jack ma and other company veterans after the chinese e-commerce company goes public friday. alibaba will price tomorrow and likely be the biggest ipo ever, ever on record. fox business will have complete coverage of alibaba starting tomorrow morning and all day friday as well. be sure to tune into that. those are some of the hot stories on foxbusiness.com. we'll be right back with my answer to our question of the day, should the fed raise rates right now? stay with us. ♪ that's right. it's just that i'm worried about you know "hidden things..." ok, why's that?

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not for a considerable time, should they do that right now? we asked the question. 48% said yes, 52% said no. interesting. log on to gerriwillis.com for our on-line question every weekday. forget slushing that goldfish you won at state fair down the toilet. one of these orange beauties has lived 10 years, and will live longer this goldfish in australia recovering from surgery to remove a brain tumor, george was placed in a bucket of water, containing anesthesia. after 45 minutes the brain tumor was gone, he was given painkillers, george should live another 20 years, really cute. coming up tomorrow, our user's guide to buying homes continues.

what you need to know about lenders and mortgage rates. that is it for willis respect tonight -- report, thank you for joining us, we'll see you bacback here tomorrow. charles: on "making money." president obama talks against but more he speaks more we feel like the only thing certain this is going to belong, drawn out, and a very expenseive boondogg boondoggle. is the american economic model broken? the battle of billionaires. right now it looks like elanpbm. let's get ready to make some money