maria: look at these markets on the dow jones industrial average, the i m f this morning setting the tone cutting global growth, economic forecasts, we are entering third quarter reporting season. that will be the next test for these markets. time for "varney and company". stuart: leading from behind again. leap to the game again. good morning, everyone. this time it is the response to ebola. president obama announces they measures to check travelers. no details and it is the week after thomas duncan arrived in dallas, the week after. there are calls this morning to keep ebola out with a travel ban. it costs a lot of money to treat, quarantine, monitor and clean and there's the added cost of disruption. those costs skyrocket with each case that arrives here. the president is not out front on ebola.

spanish authorities scrambling to find out how a nurse in a modern western european hospital caught the virus. she had been treating two ebola patients. many hits center stage with ebola. stocks down. "varney and company" is about to begin. ♪ stuart: anxiety is making headlines this morning and it is anxiety back in the market. look at that. we are down 115 points, another triple digit loss, 0.6% drop. the s&p 500 broader based, down 0.6%. price of gold has been creeping up recently. it is down -- look at the nasdaq before i get carried away, way down. as for gold creeping up recently up $3 to david back above $1,200

an ounce. how about the price of oil per barrel, $89 as we speak. ten year treasury, the yield, 2.39%, just dropped below 2.4%. the imf is downgrading worldwide growth, up goes the price of the treasury, down goes the guilt. 239. the dallas ebola patient is taking an experimental drug, where it is the stock? nicole: our producer called the company timeaddress. stock is up 3.5%, it change the 2 earlier highs of the day. the dallas patient being treated with this drug. this drug like many for ebola has been rushed through the fda to try to use it for treatment. it was actually for smallpox and other viruses. that is what is being developed for. these drugs were being developed

for animal testing and here they are racing to save the day and save these patients from ebola. stock is jumping and it is up this year 117%. what a run for the drug. i hope it continues to work and they get the supply out. that is the other ec. the -- racing to approve drugs and vaccines. that hasn't even been done yet that they're working on that. stuart: show me the big board because we slept, we are down 124 points, 0.7%, another triple digit loss to open this tuesday morning. i will address this following opinion, it is an opinion, president obama is leading from behind, ebola is the latest example. doug schoen is with us. the president is following. the president is falling, he is not leading. ebola is case in point. >> i would say you are right. i would ask the question, where in the world is the united states providing moral, ethical,

political much less military leadership? we don't have it, the american people sense it. is hurting him in the polls and i make the argument as a not quite professional financial analyst starting to hurt the markets. stuart: that is one of our scenes here. this general level of anxiety fuelled by ebola, fuelled by crisis after crisis after crisis and the president's late response to welcome, that mumblings anxiety is hurting our money and now we're down 135 points. a lot of financial professionals as it has nothing to do with the ball or anxiety but the imf downgrading growth. >> that is part of it and we have seen that with the long bond coming down but this is not just a case of a temporary dislocation in the middle east. isis is a long war, a case of the russians in ukraine, that are there indefinitely,

potentially expanding and there's a clear sense as you say with ebola that the president lacks any strategy and i would say any leadership at all. stuart: a sharp edge, and. listen to this. the president's our eyes are questioning his leadership. listen to what former cia director leon panetta wrote in his new book, a direct quote. mr. obama avoids the battle, complains, mrs. opportunities, giving his opponents room to shape the contours of his presidency. in saying that as this particular time, bearing in mind what is happening with isis, that is a bombshell to drop. >> it is a bombshell and you take what robert gates, his defense secretary had said as well, you have two senior officials, neither of them strong partisans, leon panetta, a good democrat certainly, really raising questions about the president's leadership and as you suggested and i believe, we are seeing evidence of what

they have spoken about each day in our world. stuart: how about the general bearing of the president? i see him energized when he is giving a speech that rouses the troops, campaign speech this election season. he has a wife, he has real get up and go but when i see him answer questions about ebola or isis the man is on the back foot, defensive, looks really ill at ease. >> he certainly does. the only thing that appears to be engaging in now and this week is politics and particularly fund-raising and you need money for politics but we need more from our president. we need leadership. why should this week be better than any other week? i haven't seen anything say is the president that got in the way of golf for fund-raising, nothing at all in six years ever has gone in the way of those two top priorities. stuart: today the president

attempts three fund-raisers. charles: i will give you an answer that is very sad and i say this as an american. what is different? multiple threats and actualities of be headings, americans and our allies, british in iraq, a sense that the region including lebanon, syria and iraq are out of control. the bombing campaign doesn't appear to be working and we have no sense where we are going as a nation. stuart: having said that let me fill everybody in on the latest developments in the fight against isis. it is not going well. the islamic extremists are reportedly very close to taking the syrian town that is strategically important, lies right on the turkish border and turkey's president today right now calling for a ground invasion to combat isis. cheese says it is about to fall, airstrikes will not stop the invasion, will not work. then we have this.

federal authorities charged a 19-year-old chicago man with attempting to support terrorism. he wrote and a angry letter saying his taxes and to be used to kill his quote nick muslim brothers and sisters. was planning on boarding a plane to turkey to join isis and was arrested before he could leave the country. before i move on to a corporate store at wanted to ask you this one. the president will be pushed into a travel ban, travelers who were exposed to ebola, an outright travel ban, the cost of treatment and cleaning and everything else in america is astronomical. >> i hope he is. we should have had one much sooner and there's an absolute lack of leadership and most americans are getting nervous by the you've got nothing to worry about message from the white house. stuart: i am picking up a book that happens to be on my list, the russian/china axes, doug schoen. >> the book that is coming out now, we're going to celebrate it tonight and it is my effort to

assess what is going on in the world. stuart: an assessment of president obama's leadership too. russia, china axes. thank you very much. moving on to the corporate front, some big news for you from samsung. they made a lot less money this quarter. they are getting killed by apple and smart phone sales. we don't usually give you charts, i couldn't resist this one. this is a samsung versus apple charged year to date. apple stock price up nearly 25%, samsung taken a dive down nearly 17%. come on, charles lee chapel is back, running the show, running out front, beating them. stuart: a couple years ago when samsung was a hot company we were trying to figure out how could people buy it. stuart: their profits were down 60%. stuart: but semiconductor chip plant, a $14 billion, almost like we're going to take the

cash we have and start from scratch. they had the big phone before apple did. apple throwing in more than size, real authentic innovation and the chart speaks for itself. stuart: 14 billion? charles: $14 billion semiconductor plant. they have to do a lot more to reinvent themselves and stay in the game. of the one that has to be built in south korea. i would have heard about it. charles: unless elon musk could figure out a way. stuart: i have something for you. look at gt at fans filed for bankruptcy yesterday, a little bit of a bounce back today. 65% bounce back. that is the bounce back. their glass that they made was being considered for iphones but was rejected because was too brendel. did you see this? charles: i didn't see it coming. in hindsight a lot of people say was obvious but it wasn't. there were some yellow flags on the balance sheet, inventory

buildup, cash going down. the day before the iphone came out management sort of hinting that they got the big deal, but i blame it mostly on management. this is a class-action lawsuit. we get more on this because there was not a clear communication on what was going on. was very abrupt. all the solar stocks run by guggenheim, 1.1 million shares, they didn't sell a share. that hit everybody by surprise. 150 point trading range i would not be surprised to see it trade between $80, and $2 for a long time. maybe the shareholders get some new company that happened in the past but it is very rare. stuart: thank you, here is what we have got after the break, fresh numbers prove a theme we had often on "varney and company," that is the middle class is getting squeezed. this is the new normal.

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stuart: let's give you this in percentage terms, we are down 0.8%, close on 140 points, 16-8 is where we are. i have some positive news. national average was for regular gas is $3.27, down another penny overnight. one state has broken honesty was average below $3 and that is missouri where the state average for regular is $2.98. a couple individual stocks moving today, the container store has come out and lowered its profit and sales forecast. don't do that expect the stock to go. it goes down 20%. here is another big loser. soda stream, disappointing forecast. even the ceo use the word

disappointing. that is not good. downs egos, 21%. we are calling it the middle-class squeeze and here are the numbers which median household income no change since 1995 adjusted for inflation and it dropped drastically since 2008. people are holding a mortgage as much longer, 54 months on average. they don't have the money to refinance. many are under water and can't get loans. that is not a bad statistic. investment firm says 40% of parents would consider reading their retirement savings, taking money out of retirement to help support their children. is it fair of me to say that the middle class is being squeezed by president obama? >> yes, it is fair. it is also to fair we were already in trouble, we remember the crash that assured president obama into office but from any historic standard we would have been out of this sum much more robust, this is the worst post recession recovery in the

history of the country. talk about mortgages, one problem is the pressure on banks. we should chide banks for not putting out loans but by the same token the new rules on banks i don't think people realize there's a new rule that talks about the ability of would-be borrowers to pay and it has dramatically impacted the availability of mortgages. not what you can put down but whether or not these guys lend you money if they don't know you can pay it back, if they're not almost guaranteed and it heard the mortgage. stuart: if you are saying to the banks do not leave -- lent money on a mortgage, if there's the slightest hint that the person getting he the loan cannot repay on time in full, you don't make the loan. charles: and their 680, 33% of banks said they are somewhat reluctant to lend this money than they would have been normally. even above 680 it is 31% so that is a lot of people, are working

with a regular job and want the american dream and missed out when the chinese were buying all the houses. we know what is going on with obamacare and the war on business and the avalanche of rules and taxes and regulations. it all has impacted we should have been so much more. i tip my hat to the american spirit and particularly the american entrepreneur that we haven't drowned, we haven't had a second recession but it is only because of the embedded platforms a we already have the we call capitalism. stuart: do you think it would make a lot of difference to middle america if we went and got the oil and gas that is under federal land, fracking in new york and california, that we build the pipeline that we did offshore drilling, in short of the we had an energy boom, an energy revolution on top of the one we have already got. with that bailout middle america? charles: it would be 50% of the solution. that and lower taxes. i think that would be your one -- stuart: if you lower corporate

tax rates so you bring back a ton of money into america and set up a new energy boom on federal land, you add those two together, those two lanes and you think that it's america moving. before that is a hell of a 1-2 punch, think about all the things that are up based on inflation, everything except our paychecks and automobiles but what keeps us in addition? this sheet-you are talking about is a difference maker. we could get a lot cheaper and the money we spend on it in this economy and circulate here in said of the middle east. stuart: there is no reason why this president could not do both of those things and you wouldn't really offend his constituents that much. charles: he would offend the environmentalists. stuart: it would mean a middle-class. before ideology and polls are the only things that have motivated president obama. audiology first and when polls get too much we will do some airstrikes. that is the only thing. polls have to go off the charts

or strong with the ideology. nothing else matters. stuart: the climate and the anxiety and mismanagement, helps the market go down. 150 points, close on 1%, 16-8 is where we are. the imf lowered worldwide growth targets, that is a factor but i can't help thinking i eddie. charles: crisis of confidence. stuart: welcome back, lou dobbs on the middle-class squeeze in our next hour and by the way the rich are giving less to charity. why is that? lou will take on that question in the next hour. now this. the iconic waldorf-astoria in new york city sold to the chinese. the full story is next. >> you disgraced yourself and you must be punished. you will confine yourself to our royal suite at the waldorf-astoria. see if you can put on some

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stuart: we are quoting wal-mart stock virtually unchanged, wal-mart is cutting health benefits for some part-time workers and it says premiums will increase for workers next year. that is kind of

self-explanatory. charles: we blame obamacare. they on the one.4 million workers, they earmarks 330 million costing them half a billion dollars to do this and the premiums have gone up and it is easier for them to do it this way. stuart: like all other employers. charles: they will get a lot of criticism that they are following target, home depot and a lot of others. stuart: only walmart will get a kick. welcome back. chinese investment group is paying hilton hotels $1.9 billion for new york's famous waldorf-astoria hotel at cheryl casone is with us now. the chinese are having a huge impact on new york real-estate. cheryl: we have seen some deals happening in the city with chinese firms but will they be successful is the question? we all remember what happened with the plaza, the famed new york plaza, at the israelis have been there, the saudis, due for

an investment firms understand the intricacies of running -- stuart: can they cope with new york city real-estate lawyers? the japanese bought rockefeller and lost their shirts. didn't they have a piece of someplace else? cheryl: they had a piece of the plaza as well. stuart: do you think they are overspay $1.9 million for the waldorf-astoria? >> no because two other offers came prior to this the chinese company really signed on the dotted line. this is the third offer but the chinese investors, this company, many of them feel they would rather have their money in the united states where we got more regulation and control and oversight than they do in china. the trust our government more than their own. that is fascinating. stuart: they trust our constitution and the concurrence of property rights unpeople.

hold on a second. listen to this. i want you to listen to what josh ernest had to say when the reporter asked about the president's future state in the presidential suite at the waldorf. roll tape. >> bind the waldorf-astoria. . international relations. >> i don't have any updates in terms of the president's logistical accommodations for next year's un meeting but we will keep you posted. stuart: that put him on the spot. >> accused tradition of every american president stays at the waldorf. a story in that presidential suite, this is a part of americana. does the president break that next year? stuart: got to debunk the place. chinese run it and own it. >> hilton is going to run it.

hilton is going to run and manage it. stuart: the chinese own the place, in comes the president to the presidential suite which i know you have been inside, you don't think the chinese owners would sort of thing and maybe we can plant a few? cheryl: i wonder what the owners of ali baba and their relationship with the chinese government, will they get the presidential suite? i have been to this week, the waldorf and a lot of the events, it needs to be redone, they will put the money in and redo wallboard from top to bottom. will be before renovation. stuart: what do you think is wrong with the presidential suite at the waldorf-astoria? cheryl: i couldn't find air footage. basically it is old, musty, the drapes, the carpeting, everything is just old. they have got to redo that old thing top to bottom. me and i will sign up for the job. stuart: still like the color

scheme? >> the waldorf itself needs to be redone. come on. it is lawsuit central. all these different former investors and current retail space centers in the plaza. i will set the waldorf, probably, i can't confirm this but probably turn some of these into a condos and sell it. imagine owning an apartment at the waldorf-astoria? how many foreign buyers will line up to head millions of dollars to own their own apartment at the waldorf-astoria. stuart: i can't get a word in edgewise on a so-called "varney and company". 20 seconds and you got to tell me what style you would redecorate the presidential suite at the waldorf-astoria? cheryl: much lighter colors, some red, some blue butt to go with lighter brighter colors. that building has issues with

white. charles: i wouldn't change the outside. i would go with a minimalist scheme. my favorite architect. you can always dream. stuart: that was good. there is nothing funny about this. the dow is that session lows, down close on 160, close on 1%, 16-833. all right, people who live in that dallas apartment complex where ebola patient, and was staying, discriminated against, denied jobs and can't shot at local stores. are their civil liberties being denied? judge andrew napolitano on that next. >> they're feeling discriminated against, some have been turned away from jobs, some have been turned at retail locations so we are getting them in touch with legal aid and any resources necessary. so i can reach ally bank 24/7, but there are no branches?

24/7 it's just i'm a little reluctant to try new things. what's wrong with trying new things? feel that in your muscles? yeah... i do... try a new way to bank, where no branches equals great rates. she thought she'd feel better after seeing her doctor. and she might have if not for kari, the identity thief who stole jill's social security number to open credit cards, destroying jill's credit and her dream of retirement. every year, millions of americans just like you learn that a little personal information in the wrong hands could wreak havoc on your life. this is identity theft. and no one helps stop it better than lifelock. lifelock offers the most comprehensive identity theft protection available. if jill had lifelock's protection, she may have been notified before it was too late.

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so ally bank really has no hidden fethat's right. accounts? it's just that i'm worried about you know "hidden things..." ok, why's that? no hidden fees, from the bank where no branches equals great rates. stuart: sorry i am laughing because the judge is here.

voting unanimously. they have no plans to cut teacher wages, but they will have to contribute up to $70 a month for their health plan. they are calling the move cowardly. look at the big board. looks like investors are worried about the general climate of anxiety. what we have now is 153-point loss. it is an ebola related company. an experimental drug being used. tech meera has high flyer. a mixed picture for those two stocks. thomas duncan.

they are being turned down for jobs. >> it depends on who is doing the denying. it will drive everybody out. we can at least stop that person and prevent them from coming in. if this decision is based upon behavior, that is not an attribute from birth. you can do it because they look so sick.

my customers are very worried about your association with ebola. the courts will have to intercede did by locking up without a judicial authorization. they have stigmatized these people. if i walk into a store and the owner says, no, you cannot come

in here. who do i sue? >> fees are lower middle class folks. stuart: you are not being realistic. there is no money here. what they want to enjoin these stories from stopping them from coming in. it is not a lawsuit. i need a million dollars and the lawyer will take 300,000 for and expense.

>> the eyes of texas are upon you. stuart: just suing for some money in a situation like this. stuart: where have you been? it is fun arguing with you, judge. [laughter]

charles: the one form of profiling. a lot of people will be denied access to airplanes. what if the airlines themselves say we make a judgment call. >> then it may be a lawsuit. that is the basic rule of thumb. even in texas. it is justice that can be a little bit fast and harsh.

stuart: judge, that was excellent. charles will have much more on ebola and your money tonight at 6:00 p.m. eastern. ebola stocks is looking at them. making money with charles payne at 6:00 p.m. eastern. robots could take over one third of jobs replacing humans. that is very doubtful. that is my opinion. michael phelps and his second dui. sports organizations punishing athletes and social media is playing a big role in that. ♪

>> i am nicole petallides on beer fox business brief. the dow is down 142 points. the s&p 500 is down three quarters of a percent. the dow jones industrial average, 30 of the names have down arrows. coca-cola, procter and gamble will have periods. soda stream hitting a new low. you could see the stock down

21%. the container store under pressure. it is down 21%. much more authority and company coming up. ♪ hard it can be...how ...to breathe with copd? it can feel like this. copd includes chronic bronchitis and emphysema. spiriva is a once-daily inhaled... ...copd maintenance treatment... ...that helps open my airways for a full 24 hours. you know, spiriva helps me breathe easier.

spiriva handihaler tiotropium bromide inhalation powder does not replace rescue inhalers for sudden symptoms. tell your doctor if you have kidney problems, glaucoma, trouble urinating, or an enlarged prostate. these may worsen with spiriva. discuss all medicines you take, even eye drops. stop taking spiriva and seek immediate medical help if 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. stuart: look at this. green mountain. why is this? goldman sachs says by it. there she goes.

$43 a share. get ready for this. a revolution. one in three of american jobs will be replaced. i am not buying that. >> one of us will not have a job. i think we can all agree that a robot will eventually move from point a to point b. a high skilled job, knowledge is being automated right now.

many it departments are probably saying, you know what, that robot is better than stuart varney. stuart: i agree with you. i can see robots taking over because they can do the job. i am not just talking about replacing news anchors. really? >> i am buying it. >> i do not think in 10 years. you have set up problem. charles: new jobs will evolve that do not exist today.

>> of course. >> thank you for having me, stuart varney. stuart: olympic superstar, michael phelps, suspended. while we have a "wall street journal" sports guy here with us. taking people out of the sport if they misbehave. do you agree? >> i think it has gone one step further than that. it used to be that they would let the judicial process play out. it is not happening anymore.

they waited until that was over to suspend him. you are going to be out. >> i do think that this is new. brilliant football player found passed out. he was playing again in a following week. >> there is just too much at stake right now. you see this with michael phelps. these are not until next august.

stuart: he is not convicted, to my knowledge. >> careful about the way they worded the treatment program. i guess understanding what he is doing. >> i can understand a sponsor with drawing money. >> absolutely. thank you very much, indeed. the company which cleaned the room where thomas duncan slept. question, how much did that cost and to paid the bill? ♪. ♪"in the hall of the mountain king"♪

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brad, how much does it cost to clean the apartment? >> phase one was $65,000. stuart: that is the one apartment, correct? >> there is another phase. what is that phase? >> we are discussing dallas county right now. stuart: what exactly is done with everything? is it burned? how did you clean the apartment? i am looking at video here. >> we use chemicals to clean the apartment. obviously, chemicals that were introduced.

stuart: how many people took part in the cleanup of that apartment? >> approximately 15 on site. guys kept bringing things in that we needed. >> i think -- did they? >> they would be taking care of them. we have a heck of a team. they know, financially, that we will take care of them. stuart: i want a recap here. it is phase one. it could run to what? give me a ballpark.

i am trying to get an overall cost of cleaning that apartment. >> overall cost -- don: you are looking at $131,000 out the door for cleaning that one apartment. a vital invitation. we appreciate you being on the show this morning. >> thank you for having me. president obama leading from behind. what is the president doing today? i will tell you. the germs you should really be worried about. the second hour is two minutes away.

♪

stuart: president carter made his malaise speech things are not going well. president obama does not seem to be on top of any of the crises that have set us back this year. he has been slow to stand up to ebola. the list goes on and on. the country is not being led. the dow is way down. the president has no trouble when it comes to raising money.

he attends three fundraisers. ♪ >> here we go. what is the latest on isis? it lies right on the border. turkey's president is calling for a ground invasion to stop him. airstrikes will not stop their success. senior advisory is with us. one of the things we have been saying for a long time now is the president is not leading from the front. he is leading from behind. >> they are terrible principles.

they had a policy for gradual escalation in vietnam. that is what obama is doing now. deciding who can be bombed into cannot in syria. we are losing a war. stuart: i want to move on to ebola. he had cleaned the apartment in dallas where mr. duncan had been staying. that cleanup job, for one apartment cost $130,000. that is an enormous amount of money. you are talking an extraordinary amount of money. the president has only taken small additional screening measures. i want your opinion on this.

i suggest that with costs escalating, we will be forced to impose a travel ban because we just cannot afford that many more cases coming here. >> i hope that that is true. obama let ebola into this country. we should have had a travel ban from the very beginning. we should be halting the flow of these people in the united states. the administration is being deposited saying it will make the situation worse. you can allow the flights for aid workers. stuart: if you have been in any of these countries, if you had been there, you cannot come

here. what is wrong with saying that? >> they view this as the u.s. government is a big ngo that ought to be helping places out. basically, they view the military. they view the military as a peace corps with guns. stuart: >> the rejection of american exceptionalism. it is no big deal if you have a little ebola in your country as a result of that.

stuart: thank you very much for joining us. there is an atmosphere in anxiety around this country. a rising level of anxiety. anxiety about the president's leadership. we have life secure. that is a company that sells emergency supply kits. this business is flat out booming. david scott joins us. the top of the line is $149. >> personal protection items such as gloves.

masks for a mouth and nose. sanitation and hygiene products. getting the first idea at home or work. stuart: how many of these have you sold? let's say in the last month? >> it has been in the last week or so. we have sold over 100. we have done 45 times the business we were doing. people see it coming home here in the united states.

>> i am not sure where you are based. >> we are out of the chicago area. they are being sold all over the country. even some government agencies. we are starting to see across the board more attention being made. >> before ebola arrived on the scene, what were these emergency kits for? >> the last time there were any significant sales, before that in 2009 typically when there is concern about a pandemic for flu

that is when people start to pay attention to these categories. >> are you a public company or privately owned? stuart: thank you for being on the show today. the imf cut its global economic growth forecast for the third time this year. down 125. the s&p 500 is down over a half of a percent. as for the price of gold, right around $1200 an ounce. hardly changed today. $89 per barrel. the 10 year treasury yield, where is that you ask. 2.36%. what is going on there?

why is that yield so far down? an awful lot of money. the money pours in. up goes the price and that pushes big yield down. that interest rate barometer is the best indicator of what is going on with money outside of wall street. i am paying less at the pump and i like it. how about you? >> everybody can talk about that. my daughter lives six hours away from me. i am happy to see those gas bills drop. we should be alert for something going on with vladimir putin. vladimir putin is in charge of

an economy that is a complete disaster. he has to do a little this direction. talking about how much greater the economy is. let's give credit where credit is due. stuart: you have on a suit and

tie. i have never seen that before. >> i have some investors in town from japan. it will be interesting today. stuart: well-dressed. how about that. see you soon. i want you to check the share price of whole foods. i think it is down a little bit today. despite what the stock may be doing right now. some investment firms say whole foods could be killing the traditional supermarket. cheryl casone is back now. eating healthy. that is the whole foods claim to fame. >> a real estate investment firm.

that of course is the price. with whole foods, i am not so sure that argument holds true. stuart: betting it goes down. >> they are betting it goes down. they will make money if it does. they are saying not so fast. >> they are arguing both sides of the fence. other people are saying both foods revolutionized the supermarket business.

>> i do believe that whole foods is a strong model. i think i'll trade a millennial generation and the baby boomer, especially the baby boomer. they are thinking about their long-term health. i think they do believe in the whole stigma. stuart: i am a baby boomer. >> you are different. that is not true. [laughter] stuart: why are you laughing? >> because we know that you are crazy. go back again and give it

another shot. here is a lineup for the rest of the show. the iphone industry is still the standard. samsung not conceding very well. we will show you what is the dirtiest thing in the office. here is a clue. not the bathroom. gerri willis 12:50 p.m. dirtiest place in your office. more and charity. even though they are making less than before the recession. lou dobbs is next. ♪ so i can reach ally bank 24/7, but there are no branches?

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goldman sachs today. here are some of the reasons why. products on multiple level. you also see it sales and earnings likely to be picked up over the next few years. on 8 k where we have seen selling across the board. it has really taken off with a new high. thank you very much indeed. you can blame your genes. it is possibly hereditary.

down 4%. people making $100,000 more a year or less. more to charity when you are middle america. how does that factor in? this is the subject matter today. >> folks at the lower range. they are feeling a little more of the impact. there is a bigger boost. they are making over $200,000. their income is out. they are the real beneficiaries. i believe that they have not had time to adjust. i truly believe that is the only

explanation. stuart: i have not quite gotten to grips with that one. >> or board democrats are wealthier. stuart: you got it. i bet you will that that. i think so. >> i never trust them. we have middle-class incomes literally down.

retirement people are prepared to take money out of retirement to help their kids. another squeeze on the middle class. >> i wrote a book called war on the middle class eight years ago. what is happening now was pre-staged by developments in the beginning of the year. we are watching in comments now. when president obama took office, that number was $54,000 a year. income is adjusted for inflation right now out. they are exactly flat.

that is a remarkable statement. we checked to make sure that he was right. stuart: i do not know how to put right with that long-term problem. it will go a long way to restoring some of the prosperity of the middle class. >> i think you are right. >> simply the energy revolution is taking place. obama is sitting here trying to kill called. the fact is, the market is overwhelming him. that is taking place of your respective ones. what is not happening is the creation of jobs.

there really is not an answer. we have 3 trillion money. >> it is not lower corporate tax rates. it may mean that we have to adjust our policy. stuart: tonight you have a dock there with you. >> that is right. he will be here on ebola.

stuart: forced by the cost of those treating america. i have to go. 7:00 o'clock tonight. it seems every day we learn about a new hack attack. we will have the story behind that in a moment. ♪ hi, are we still on for tomorrow? tomorrow. quick look at the weather. nice day, beautiful tomorrow. tomorrow is full of promise. we can come back tomorrrow. and we promise to keep it that way. driven to preserve the environment, csx moves a ton of freight nearly 450 miles on one gallon of fuel. what a day. can't wait til tomorrow. yoare you kidding me?oo? everybody's on woo-woo! [elevator bell rings]

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stuart: let's get to the massive hack attack against jpmorgan and maybe nine more financial institutions. 100 million americans may have had their personal information compromised. is this a solution? we are talking apple pay. here is robin seidel with us. a very simple question, is apple pay a way around all these credit cards being compromised? >> it will help. technology makes your information not visible to the bad guys. it will try to break in but won't get anything that is worthwhile. stuart: summary try to charge $500 worth of stuff in florida, compromise mastercard, had to replace the whole lot. if i went to apple pay, forget the plastic, could that have been avoided?

>> potentially behead it is not just apple pay, new technology at the point-of-sale at the retailer that is going to also keep that information away from the hands of the bad guy by having a computer chip in your credit card, coming at the same time. stuart: the chip in the card, you say that iscoming along fast? >> by the end of next year 500 million cards should have a chip in them. stuart: mastercard would likely have a chip in it? >> usb ed mastercar yes. bank of america is issuing new cards with a chip in it. stuart: how much is paid for with apple pay or other mobile payment systems? >> not much. apple pay is brand-new. the question is are people going to be paying with their phone instead of the card?

stuart: what is your judgment, will they pay with the phone? >> i think younger people will, but the card actually works quite well. it is convenient, but if all you want to do is walk outside and carry your phone, apple pay is a solution. >> half of our production team have lost a credit card in the last several months. i have to believe the apple pay system will be a big winner, but i don't know that. thank you very much, indeed. president obama said if you own a business, you didn't build it, we will revisit this comment in a moment. >> if you have a business, you didn't build that, somebody else made that happen.

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stuart: the latest on ebola. the pentagon says some u.s. troops in west africa will be working with patients who have the ebola virus. is it the first time we've heard from the defense department at least some troops will have direct contact with infected patients. president obama leading from

behind announcing new screening measures of airports, but it is just a questionnaire. flight attendants taking it very seriously, urging 60,000 members to be extra cautious, all bodily fluids should be treated as if they are known to be contagious. a nurse in spain, the first person to be infected with ebola outside of africa believed to have contracted the virus after treating to go six priests working as missionaries in sierra leone. how did she get it in a west eun western europe hospital? and is still in critical condition at a dallas hospital, his now being treated with a spare mental drug. last hour we spoke to the man who cleaned the dallas apartment where duncan was staying, listen to this. your crew completed the cleanup of the apartment. how much did it cost to clean

the apartment? >> $65,000. stuart: $65,000 is the one apartment, is that correct? >> that is phase one. stuart: there is another phase? and if so, what is that phase? >> we are discussing cost with dallas county right now. stuart: later an interview he said the total out the door cost to clean that one apartment would be in a neighborhood of $130,000, one apartment. residents in that apartment complex claiming they are being discriminate against being denied jobs or turned away at local stores. and now this. with a fox news ball, only 24% of voters think they feel the

families better off since president obama took office. the vice president in ohio, he joins us when president barack obama said to small business owners "you didn't build that. now you're running for office, why are you running for office? >> absolutely. we've got to do something about policies that are taking effect in this country, and we've got a great governor in this state who's done the opposite of what our president has done. he's cut taxes and brought jobs back to this area. it is an important policy that when he faced $8 billion deficit in our budget he said no, we're not going to raise taxes, we're going to cut taxes and cut expenses, asking people all over the state to sacrifice like citizens have to bring back jobs. in his first year of his administration folks were really not happy with him but four years later they see what he has done and they realize he has

done the right thing. stuart: small business, relatively small business, you told us a couple of years ago i think it was the obama administration policies were hurting small businesses like yours. tell me exactly which policies have hurt your business and in what way. >> a lot of the regulations in ohio the issue with senate bill 310 with environmental regulation we passed a number of years ago because of the shell found in ohio, the fact we freeze them, talking about on freezing them now, and in the manufacturing industry we are supporting these different technologies whether it is solar, wind, shale oil, we keep switching as we go through the different policies frozen and unfrozen, the businesses we do work with don't know where to invest their technology.

stuart: can you give me an example of an obama policy that help you in a small business arena? >> oh, i wish i could, stuart. we have had a great couple of years now but mostly since 2010 when our government took over and started to cut taxes in our area bringing back jobs. stuart: talking but republican governor of the great state of ohio, he has made a difference, he has actually lowered your taxes? >> absolutely. we just had a business breakthrough, they just want out all over the east coast, 350 jobs to our area, $40,000 per year jobs, we did them with tax incentives and in basement. that is something that brings people in. to me whenever we have to do that to bring businesses into our area it is proof taxes are too high.

if jobs are the answer, brings business in, why aren't we lowering taxes for everybody across the state, let's make ohio the least offensive plays for profitable businesses to locate. stuart: i am sorry to say i am out of time, but thank you for coming back after a couple of years. thank you very much. >> thank you, stuart get stuart: and then there is samsung losing the fight with the smart phone. who is the winner? apple. we will discuss it next.

nicole: i'm nicole petallides with your fox business brief. off the lows of the day. an area where testing trying to regain momentum. the s&p 500 down 10, the nasdaq down more than hal a half of 1%. there are some names coming off the lows into green watching coca-cola, procter & gamble and walmart. coca-cola up 1.1%. in september where we saw skip 12% year-over-year, october is not looking better, in fact it is looking worse.

coming out cutting the full-year profit, and the same type of business was down arrows. more coming up. when folks think about what they get from alaska, they think salmon and energy. but the energy bp produces up here creates something else as well: jobs all over america. engineering and innovation jobs. advanced safety systems & technology. shipping and manufacturing. across the united states, bp supports more than a quarter million jobs. when we set up operation in one part of the country,

people in other parts go to work. that's not a coincidence. it's one more part of our commitment to america. my motheit's delicious. toffee in the world. so now we've turned her toffee into a business. my goal was to take an idea and make it happen. i'm janet long and i formed my toffee company through legalzoom. i never really thought i would make money doing what i love. we created legalzoom to help people start their business and launch their dreams. go to legalzoom.com today and make your business dream a reality. at legalzoom.com we put the law on your side. stuart: look at gt advanced doing very well today, a bounds of 74%. if you bet the stock would go down yesterday, he would have

cleaned up because that thing dropped 90%. ashley webster is here to explain what is going on with these american companies. >> it was at $11.05 at the close friday. the shorts knew something, amazing short position on this stock, 40% was being shorted, 55 million shares. saying the stock would go down. you keep the profits. a press conference in early august making scratch resistant screens for iphones. what we didn't know is they were cut out of the deal which is a huge surprise. we knew there going in on a factory with apple in phoenix to build these screens, but they announced it would be quite ready until next year.

a huge sign something was up. they did not include, something went terribly wrong with apple and gt. stuart: there will be a class-action lawsuit accusing management of misdirecting investors. >> possibly. there is something very strange, in chapter 11 bankruptcy, the stock is up based on the fact they could reorganize. they make materials for solar panels, it is not just apple, but apple was 80% of their revenue. stuart: if you bought yesterday $0.90 per share, you are up very nicely on the possibility they will get their act together and emerge from bankruptcy and worth some money. >> it is very unusual. to the pc it death by 1000 cuts. it happened overnight.

stuart: ashley, thank you very much. halftime report, "the real halftime report," here it is. a chart for you, apple versus samsung. apple up 25%, samsung down 17%. from san francisco, michael robinson, you have always said apple is going to $1000 per share, which after the split is 100 or dollars per share. i take it this is going to back up your point of view. >> samsung can't make any money on the phones. what value is it to shareholder, apple has operativ a pretty mar, call it 30% on operations. samsung has problems as they have a lousy job, an increase in smart phone mobile sales yet the margins fell out down into the cellar.

looking at a 60% decline hopper in profits, they are not making any money on it. stuart: it seems apple iphone and everybody else. would you argue with that one, michael? >> not at all. bad timing for samsung. 10 million in the first weekend, already setting sales and then you say the biggest competitor is doing a really lousy job of making any money. samsung will invest into a chip plant. so they are obviously in a huge transition. not for apple. stuart: they will spend 14, $15 billion on a chip plant in south korea? >> they are in transition, the big phones were very popular, apple has now caught up, samsung should have been looking long

before now. stuart: is there a single stock that you like? >> writes now, no. i wouldn't for most retail investors be putting in mind right now. these are all and environmental status. can these companies scale up in three months or six months which mark there may be something to do, for most, avoid this until you know who the winner will be and can they scale up? it is going to be about scale. stuart: thank you for being with us this morning. germs in the office. we will tell you the grossest

place in the workplace. gerri willis next. your customers, our financing. your aspirations, our analytics. your goals, our technology. introducing synchrony financial, bringing new meaning to the word partnership. banking. loyalty. analytics. synchrony financial. enagage with us.

stuart: gerri willis went germs hunting in the office, you'd be amazed what she found rather surprising places. roll tape. >> the microwave can't be clean. >> no, that is the challenge we have, the bathrooms get a lot of attention because they are used frequently and people like to have a clean bathroom. the break room microwave does not get much focus during the day. >> and people are all over these things. >> and people are all over these things. people have different schedules. it is actually not good. stuart: that was just a sample, that was the microwave. you are here with me. >> i am here with you but i am not touching you or anything you touched here. stuart: what was the third dirtiest part of the office? >> at number three him and not

the most dirty, the third dirtiest, the buttons on the microwave. those were not clean. people stick their fingers on it, they stick their fingers in their food, you don't know what is on that. >> but you have to touch dirty places to build up the resistance, don't you? >> you'r your building up the resistance every day. our photographer's cell phone, his smart phone was the nastiest thing. i could not believe the numbers. you take that everywhere you go. you are in the kitchen, it is all kinds of stuff. stuart: we don't have a drum roll i don't think, but we're going to get to the number one thing. the dirtiest place in the office is? >> the keyboard and common areas. on the 12th floor in the green room the keyboard on the far left as you walk in was the worst we saw by far because everybody sits there and work,

they bring their lunch, a million people on the keyboard every day. we had a little machine, the folks at kimberly-clark brought in a machine and it has the material found in living organisms testing the bugs, listen. 80% of infectious diseases are spread through touch. you are a very sick man di. what time is your show? >> 6:00. stuart: are you leading with the dirtiest place? >> we are leading with very dirty stuff. stuart: there is a promo. you cannot lose with that one. thank you very much indeed. we wrap up the headlines in one minute.

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stuart: i do not go to whole foods. >> you are different. we know that that is crazy. it is white. [laughter] >> i will stand my ground on whole foods. michael said this about apple pay. no way. at some point, they will be compromised. they lived near that of carpet with ebola. do people need to dress before they shop? i do not know the circumstances. i do not know an employee or

that would average state this. my time is up. deirdre bolton is here. deirdre: thank you so much. jpmorgan shows vulnerability. more on how other thanks signoff similar attacks. we will order the stats and the implications. the imf cut its global forecasts. they saw weakness in europe and japan. we will ask him for his take on the research.