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tv   MONEY With Melissa Francis  FOX Business  October 8, 2014 2:00pm-3:01pm EDT

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travelers. we've got the latest on that. spinning out of control. that is how president obama describes the way the world feels right now. he is our commander-in-chief. we're going to hear from the man who is on a mission to visit every single starbucks out there. and, time is money. we'll tell you the very best way to book cheap holiday travel coming up. breaking news. rich edson with the latest on fomc minutes. >> a vigorous debate at the fed over its rate hike timing and concern among several that perhaps guidance is leading investors to believe the fed will raise interest rates later than it actually will. still the statement stresses that the fed will use incoming date to decide its timing. why the fed did not change the considerable time language? a number on committee were concerned dropping that statement would lead investors to mistakenly believe that the committee fundamentally shifted its policy. several fed participants showed a concern for slowdown in global
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growth, strengthening dollar and inflation could remain below the committee's 2% target for quite some time. on wage growth, several participants believe wages didn't fall during high unemployment. pent up wage deflation could explain modest increases in wages we've seen. they say wages could rise more rapidly going forward as the unemployment rate continues to decline. some warn that markets may underestimate the pace and path of rate hikes once they begin. melissa? melissa: rich, thank you so much. i want to draw attention to the chart we were looking on the screen. market is up 105 points. we told you it was up 78. that is the s&p. it is up as well. this is telling you investors like the news. what they're hearing in it the fed will wait longer. let's bring in the pan fell for reaction. fox business senior correspondent, charlie gasparino. we have tom sullivan from fox business and from new oak asset management, jimmy frischling is with us. one of the things that stuck out
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to me, they talked about low wage growth, which indicates slack demand for workers out there. tom, go ahead. >> first of all there are over four million open jobs but if you look where they are, they are in retail and in low-paying jobs. so there is a lot of people that have jobs they don't want because all these jobs are low-paying jobs that are open. secondly is, is that most of the jobs that, heavy, heavy majority, are for people older than 55 years of age. so they're still is a labor wage problem in this country that hasn't gone away. melissa: market loving it. jimmy. >> i think the jobs report last week was a very robust number except when you sifted through it, you saw stagnant wage growth. that is what the fed is highlightings. melissa: labor force participation rate. >> they need reasons to stay the course. they took bullish jobs number and converted into bearish. melissa: charlie. >> i will quote our own anthony scaramucci. we point out the market was down this morning this is a fairly significant rally this morning.
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melissa: absolutely. tragic news out of dallas, officials confirming that ebola patient thomas duncan has died. he was first to be diagnosed with the virus in the u.s. meanwhile the five busiest u.s. airports are screening for the deadly virus. they are expected to give travelers questionnaires around test their temperatures. we had fed minutes. this is other big news of the day so far, that this patient died even though he had the experimental medicine that is now being used in some cases. go ahead. >> well, i, listen i think bigger story, this is tragic story, i don't want to understate it, the poor gentleman died from this, but the bigger story when you follow ebola issue, what happened in spain. the nurse dealing with missionaries overseas, she apparently contracted it by taking off her hazmat suit. now -- melissa: i am always worried about the details of those stories. >> think about it. here's the problem. they're not releasing details of any of this. this is where it becomes an
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issue. it is less contagious than common cold but you can get it in certain ways that involve sort of casual contact. melissa: tom? >> this idea of, government people taking your temperature when you get off the airplane, that is crazy, the guy that got off the airplane had no symptoms or no fever after he was here. another one of these things -- melissa: let me help you. going to the five busiest airports in the u.s., federal authorities. jfk, dulles, o'hare, hartsfield-jackson airport and newark liberty. they're targeting specific flights and take their temperature. >> that is absurd. if you've got it -- melissa: only thing more absurd, not doing it at all. >> when you come into the united states they will take your temperature. melissa: yeah. >> by the way, there is three-week incubation period on ebola. say you have it, antand want to get treated in this country. you're going to lie. >> we're behind of curve in
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this. i agree but better than nothing. we have to get our hand on think, should we stop flights. >> it is not better than nothing. same as tsa. all for show to make it look like somebody is doing something but totally ineffective. the guy came here without fever. it wouldn't have caught him. >> should we stop flights is the next question. i said yes, there will be economic impact to that. melissa: tom, do agree with that, should we stop flights? >> number airlines should be one who decides, look at your passport. have you been in the western african countries. if you have been, you don't get on the plane. >> we're not organized to do think, amazon employees head to the court house. warehouse workers claim they should be paid for the time they spend waiting online to be checked for stolen foods. this is really interesting. this isn't just amazon. this happens a lot of places. i know plenty of people work in retail. on your way in and out. stand in line. check you, check your bags to see what you're bringing in. to make you're not stealing
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anything way out on the way to go. amazon, average weight time for 25 minutes. not paid for the time. they don't have a choice. what do you think? >> as business owner i deal with fair labor issues quite a bit. this one the interpretation is difficult. when does the day start and when does it stop? melissa: when you get on the premises. >> the employee has no choice to follow procedures put in place. to think amazon and companies not compensating employees with screening actually will lose. melissa: tom, what do you any. >> i think labor standards have gotten way, way too tight in favor of the employee, but this particular case, hiring somebody for their time. melissa: yeah. >> you hire them from 8:00 until 5:00. if you don't let them out until 5:30 you got to pay them. melissa: absolutely. apple better keep a tab on those teens. piper jaffray between muenster says millenials will take a hard pass on the apple watch but despite lackluster love of the new gauge get, teens are still all-in on the iphone.
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charlie gasparino, are you getting a apple watch the day it comes out? very hip guy. you're athletic. >> but i've said many times that was a bridge too far. melissa: you think. >> that is jump, that is "the fonz" jumping the shark. wearing an apple watch is "the fonz" jumping the shark. i'm coining that phrase. melissa: i disagree. my kids, they're not teens but very excited about this. everything apple sells. >> ask me to think like a teen. melissa: aren't you a teenageer? >> at heart. melissa: absolutely. >> 70 plus percent of teens have an iphone or want a iphone. melissa: that is crazy stat. >> i'm 1% because i have blackberry city. melissa: me too, i know. >> 17%, maybe that is not a bad number. melissa: 73% say next phone will be iphone. 67% say their current phone is iphone. somehow we think all apple enthusiasts will not buy the watch. i don't know. time will tell. speak of iphone love, one man in detroit is willing to sell his house for new iphone 6. this is amazing. he would accept a 32-gig ipad.
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>> there was once a house in detroit i read a story that went for a dollar. melissa: this is about in the category. no one wanted it. he had it up for a thousand. so far one woman would be interested in the house for wood. another said they would give him an iphone 5 but not a six. another offered $850 or $700. >> this is story about detroit. melissa: sad commentary on detroit no the alleged turn around of detroit. melissa: this is the actual house. look at this. >> look at that. >> you know -- melissa: that is not so nice. >> no. >> you know -- melissa: he owes $6,000 in taxes. i will slide that in. >> detroit, there are private equity firms to make this a business story, that would like to take the land and redo it. melissa: yep. >> it is interesting scenario. melissa: it is. >> tossed it around and city council hasn't made a move. melissa: before i go, i want to show markets.
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dow is up triple digits. gave you fomc minutes at the top. several members wanted to stop, considerable time frame, referring how long rates would be at zero. wall street is loving this. they talked about slack in the labor market. they talked about how wage growth is stagnant. basically trash-talking the economy. making excuses why they leave rates lower longer. that is what the market heard. we were up 78 points before the minutes hit. now we have doubled that gain on the day. obviously investors are liking this. >> look it, median is coming up in couple weeks. this is minutes. meeting will be they will stop qe. everybody will wring their hand to figure out when they raise interest rates. melissa: all right. uncle sam wants you to help identify isis fighters? i hope that is not their only plan. plus it is the final county down. tesla is all set to unveil the d. is it a bird, a plane? or maybe just another car. more "money" coming up. ♪
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melissa: dow charging higher. take a look at that, wow. we were up 78 points before the latest fomc minutes.
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let's go to nicole petallides on floor of new york stock exchange. another thing that stuck out, a lot of people are taking note of, they said they're concerned about the strong dollar. the question we wondered sitting around here, what is their response to that going to be? that is the real question. nicole what is going on down there. >> seems like they will not do too much of anything. they're concerned about a strong u.s. dollar and how that affects our multinationals and global growth story. the global growth story was another one of their concerns, something we're hitting on fox bu again. slow stagnant growth in europe and something in china. and when they raise the interest rates, considerable time. they're considering overall, and putting out the message they will raise rates, dependent upon the economy. meantime, they see things that are fragile. there is no sign they will be
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raising rates sooner than later at this moment. and so with that, the market takes off here. and is now up 170 points. so, we've had this market being very headline-driven lately. very volatile. today goes right in there with the action we've been seeing, melissa. melissa: nicole, thank you so much. >> thanks. melissa: between terrorists, ebola, economic crisis may seems like things have gone a little bit crazy out there and president obama would agree. at a dnc fund-raiser last night the president said, quote, there is a sense possibly that the world is spinning so fast and nobody is able to control it. the president continued to say that america is proud to bear the brunt of all the responsibility but do americans feel confident about the control of these situations? joining me, steve moore, chief economist at the heritage foundation. charlie and tom are back as well. see, i let you go first. respond to the comment by the president. >> amazing comment by the president say things are spinning out of control.
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inference is that he doesn't have control of things. what we've been saying five years now what is the world lacks is a, a ronald reagan, or a margaret thatcher or winston churchill, someone who will take charge in these even going on around the world, whether in russia, whether the middle east, whether ebola situation. i have to say this quite frankly when the president keeps saying climate change is the biggest problem on the planet, when we have all these megaproblems, it is delusional. melissa: to be fair, he says the world feels like it is spinning out of control to a lot of people. but trying to follow up by saying don't worry. didn't get to that. leon panetta is out there not really helping him right now. listen to what he said to bill o'reilly. >> do our enemies around the orlandoworld fear us? >> i think they're getting a mixed message whether or not the united states will stand by its word. melissa: that is not helping. charlie gasparino, what do you
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think? >> leon panetta is one of the straight shooters in washington. i know him a little bit. he is a liberal but good guy. i ad to steve moore's list, rudy giuliani. i remember 9/11, not far from ground zero, feeling things out of control until rudy giuliani said they weren't. i'm sure at times he felt under siege. you just don't say that to the country. you get paid by the way for these times when things are spinning out of control. melissa: tom sullivan. >> the president said something about the fact that he is willing or country is willing to take responsibility and lead the way, everything else. have you noticed that is the key phrase lately. everyone says i take responsibility but do do anything about it. hillary said about hillary clinton. secret service director, fell on herrd sword but most people in washington don't take responsibility and do anything. >> cut to the chase. why don't we cut, steve. steve and tom. cut to the chase. is over his head. is he over his head?
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absolutely. >> what tom subscribed is leading from behind. that's what we've been doing for the last three or four years. there is a sense, that is why i think ebola crisis become a bit of a panic because people don't, cdc other day on fox business news, the cdc director couldn't say what they were going to do. >> yeah. >> look at things he is trying to juggle. there is isis. there is ebola. >> forgot one. washington redskins. they want to stop the name, we need to prevent washington redskins having name redskins uttered on tv according to mr. obama's ftc chief. >> that is highest priority. >> despite showing all these things we're talking about, surveys still come down to 2/3 of the people, 2/3 of us can't agree on anything. 2/3 think the country is going in the wrong direction. the number one concerns is jobs and economist. not ebola, not isis. >> isn't what lee leon panetta really say, that obama is over
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his head. >> i've been saying that five years. melissa: bill o'reilly tried to lead him in that direction. >> read between the lines. melissa: fbi is asking for your help identifying potential terrorists. federal investigators want to help find the masked man in the latest isis video of the suspect could be american is what they're saying. mean while in turkey, kurdish forces, having difficulty pushing back terrorists as they fight for control of the key city of dough bon any. -- koban r bonnie. -- kobani. the fight in the town of kobani seems to be in crucial stages. we spent a day at turkey-syria border. we witnessed most intense fighting we've seen in weeks we're been here. look what wee saw. we're witnessing several u.s. coalition airstrikes against isis. mostly on the southwestern side of the city. you see the black plumes of smoke coming up. we think they have hit isis tanks but that outside of the city. all today, we've been also
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seeing and hearing loud, intense fire coming from the very center of the city. indicating that there is street-to-street, close combat there, between the isis terrorists and the kurdish defenders of kobani. >> this huge blast happened in the center of town. it had all the appearance of a u.s. coalition airstrike. later reports suggested it -- melissa: that was greg palkot. the new guardians of the oceans, how unmanned sea faring drones are being launched to protect our waters. look at this. very cool. plus big bucks for going to jail. teresa and joe giudice, shaking off their prison sentence as money and ratings come pouring in. you might wonder, do they ever have too much money? ♪
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melissa: oil unable to find solid footing down more than a percent right now, a percent 1/2. on word of much larger than expected build in supply. prices hitting fresh 18-month low. crude is down 10% from the start of the year. part of that is thanks to a strong dollar which the fed talked about at the top of the hour. there are global demand concerns. energy stocks are following suit, oil exploration companies are the biggest loser in the s&p 500 today when we're seeing a big market rally elsewhere. markets as i said, really roaring higher. the dow is up almost 200 points. take a look at that, 195 points, following the fomc minutes. nicole petallides on the floor of the new york stock exchange. we're just off to the races. >> indeed. as you were just speaking about, oil, i was watching the dow. we just broke at our session high here and now we're up 195 points at the moment.
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so, you are seeing broad-based up arrows, certainly, 28 of 30 dow components with up arrows. you have a very accommodative fed and while they're worried about overseas slowing of growth, you know that they are keeping those interest rates unchanged for some time, right? so that being said, let's look at mover on wall street as jcpenney was halted on at one point. you can see a down arrow. back to trading, down 11 1/2%. concern is same-store sales growth and projections for that. it is less than what everybody was anticipating. while they reaffirmed some of the other numbers, the overall sentiment and the outlook was weaker and with that, a dramatic move for jcpenney. back to you. melissa: nicole, thank you so much. so there is lots of talk of robots out there replacing job notice future. but for some professions they are already here. liquid robotics is rolling out a fleet of underwater drones. that is what you're looking at. that can patrol and monitor oceans for illegal activity.
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also detect additional security threats. here to tell us how these sea row boortz got the job done, liquid robotics ceo. thanks so much for joining us. one of these cost 300,000 bucks? what do they do? >> well the wave glider is the product that we make and as you mentioned it is an ocean drone. it is powered by waves. so we don't need any engine, don't need any crew, don't need any fuel and solar power drives all the compute platform on board, satellite communication, processing, that sort of thing. so what we do, we're at sea. we can be at sea up to a year and persistent, mobile platforms and we've got sensors on board, pretty much anything you can put on a ship and wave glider and detect things and report back to other people. melissa: your customers are generally, you have got the navy as customer. also i believe noaa is. a lot of government customers. there are folks like bp and chevron. what are they out there looking
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for? >> well, we've got a joint partnership with schlumberger which is the top oil and gas services company on global basis. and there is a lot of regulation as you can imagine with oil and gas. things like environmental assessment. what is the water quality like? general weather information, what are the currents, wave height, wind speed, those kind of things. but we can also detect oil. so if an oil company has capped an oil head and we're on the surface and there is a leak we can detect it is leaking and notify the oil company. melissa: there are 250 wave gliders currently going out in the ocean. are you thinking going public? you're a private company? >> that is always drive for a silicon valley startup. and that's where we're going to be going but through growth with companies like schlumberger. we recently announcing boeing as a defense partner for us. melissa: very cool. good luck to you, gary. thanks for coming on. >> thank you. melissa: your new hot rod could come from a printer?
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melissa: it has been a rocky road for gm. automaker recalling 30 million cars so far this year. fox business's own jo ling kent goes one-on-one with ceo mary bar a. jo? >> that's right, melissa. we had a long conversation this morning here at fortune's most powerful women's conference. mary barra, the ceo, has been named one of the most powerful women. i asked her what she would say to all the victims, families who
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lost loved ones who fall outside the kenneth feinberg compensation fund? this is what she had to say. >> anytime there is a life lost, that tragic, regardless of the circumstance. that is why we brought ken feinberg in to administer this independently. you look his definition is broad and i feel very good about the way he is looking at this and that we're going to do the right thing. >> i also asked barra, what about that $14 billion investment in china, especially as more and more american companies are under investigation? she says business there is good. they believe that opening more plants will be a good thing for general motors bottom line. we also talked about national highway transportation safety administration, as well, and that regulation. we'll share some of that part of the interview coming up later this afternoon. >> looking forward to it, jo. great job. almost time to unveil, the
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d. tesla's much-hyped event is tomorrow and analysts expect elon musk to reveal the company's first steps towards automated driving. let's bring in lance ulanoff from mashable. charles payne, host of "making money." jonathan hoenig, capitalist pig, fox news contributor. are you going to be able to sleep tonight, knowing that elon is making the announcement tomorrow. >> he got it started early, tweeting out the d and showing front of it. tesla is like, if the car was made by apple. the amount of interest that it drives and elon drives with these little bitty hints. i don't expect this by the way to be a "elf" driving car you by expect it to be lower-priced four-wheel drive. melissa: four-wheel drive. what do you think it will be, charles? do you think it wasn't suv maybe. >> i think it will be a step towards a driverless car. mobilize, this is stock i talked
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about a lot on my show and i'm in with my subscribers. elon musk always ahead of the curve. i will sleep tonight but i will get up early in the morning. melissa: jonathan, what do you think it will be and are you buying the stock as an investor ahead of the announcement tomorrow. >> no. in fact, i think this will be a situation, melissa, buy the rumor, sell the fact. i will sleep tonight but i don't own the stock. we've seen very often, you started off the segment this is much-hyped announcement. melissa: right. >> often times once the hype comes out the stock actual falls. given entire tenor of market these days, a lot of nasdaq high-flyers are cooling off including tesla. melissa: tenor of the market. we're now up more than 200 points. up 212 points on fomc minutes that came out on the beginning of the hour. we've been rocketing higher in the past 30 minutes. charles payne, let me ask you, would you buy tesla ahead of announcement. >> i sold tesla two weeks ago. but i'm a buyer on any major
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dip. ultimately till be a 3, 4, $500 stock. i bought it last four or five years five or six times. i hope jonathan is right. i will be buying. >> if they introduce a lower priced car that will be a big deal. people want these electric cars but they can't afford them. maybe now they will be able to. >> i want to chime in to say -- >> that is the thing, charles, you're missing buying a stock, you're not buying a company. you're buying a valuation. tesla like cisco may succeed but valuation will be depressed -- melissa: another fantastic story out there. it is the world's first 3d printed car. lance got a chance to get behind the wheel! i'm so jealous. lance, what did you say, it was singularly awesome experience! tell us about it. >> it really was. actually, really is a printed electric car. chassis, fenders. the only things that aren't printed, motor, battery, wiring. melissa: that is a lot of stuff, lance.
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>> let me tell you something. standard car takes 5,000 to 10,000 parts. 50 parts on this car. coming next year, $18,000. i sat in it. it was comfortable. much it drove so smoothly, soundlessly. steering a little tight but still felt, there i am looking ridiculous. but so awesome. such a great time. honestly, they're going to be able to start selling these things next year. melissa: yeah. >> if they upgrade them because they're not street ready. neighborhood ready. 25 miles per hour. when they get to 50 miles per hour and retro -- melissa: without question. thanks to all of you. more sad news on ebola. associated press is reporting that the madrid government has youth noised the pet, i know, the pet dog of the spanish nurse who was infected with ebola. officials say they could not rule out the possibility that the dog, whose name was excalibur, poor thing, could spread the deadly virus. we have to tell you. this is huge story online what
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would happen to this dog. poor thing. now we know. all right, coming up, the table flip that started it all amounts one new jersey housewife faces time behind wars, a former rival sound off, exclusively to fox business. things are about to get real around here. from one fight to another, money heads downtown under, for just the cutest little boxing match that you ever did see. watch this. at the end of the day it is all about kangaroos. ♪ so ally bank really has no hidden fees on savings accounts? that's right. 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. 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...
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>> i'm melissa francis with your fox business brief. apple says it was taken by surprise when its salvefy glass partner gt filed for bankruptcy this week -- sapphire. the iphone maker will consider its next steps but intend to save all of the jobs at gt's plant in arizona. airbnb has finally become legal in its own hometown. san francisco voted to legalize its apartment rentals where hosts will pay the city a $50 fee. hosting though is limited to just 90 days. u.s. life expectancy hit a new record. americans born in 2012, can expect to reach 78.8 years old. that is a month longer than an american born in 2011. women born in the u.s. can still expect to live around five years longer than men. the market is up 223 points.
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that is latest from the fox business network, giving you the power to prosper.
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melissa: taking no prisoners. "real housewives of new jersey" stars teresa and joe giudice post-sentencing interview scored three million viewers for bravo. reported 325,000 bucks was worth
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it. part two airs tomorrow night. we have a original star of housewives of new jersey danielle staub. we were referencing $325,000 supposedly the giudice's for interview. you worked for bravo. do you think they would pay that? >> i'm learning this first time right here. i don't see them doing that. melissa: you don't think so? is part of your contract when you sign up to do one of the shows that you go on "watch what happens the live" free? >> you have to do anything surrounding bravo. you doesn't get paid extra for it. melissa: now there is so much attention, so many people we're watching, heard ratings for that show. then as well as sunday program, yeah, do you think that this could end up being a pay day for the giudices? they end up making more money as they get did i to go to have to jail january and bravo cameras
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follow them everywhere? could that be a big payday for them. >> i don't see how that is possible because the numbers wouldn't balance out what they are accused they owe. i don't know. i would hope so for the children f they're getting something, i'll be honest with you, that is my only focus, if it is going to the kids, give them anything you give them because bravo certainly owes them. melissa: why do you think bravo owes them? you think it is partially at fault. >> i think bravo owes me as well but we won't go there today. melissa: why do you think bravo owes them. >> these people put out much like myself, whole cast put our lives out there, what happened after that, spiral that spun, everyone needs to take responsibility for that, that's true, but now these people are going away. they're being divided. their family is being divided. children are without parents. as a family that they have only known as two-point family for the rest of their lives. it is going to be changed
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forever. melissa: it is changed and tragedy for the kid. almost certain bravo cameras will follow them from now until they go off to jail. will she get and deserve a big fee for the additional time they will follow them with a camera if. >> i think if it were just for teresa, i would have to say, in all honesty no. as a mother myself of two daughters, yes, i think she should get whatever it is they will give her. i think that the children deserve that. melissa: you talked about how bravo puts people out there. one of the things is that, she was criticized for carrying a very expensive handbag when she was going around looking to sell her house and buy a thank you house. radar online reported that the show loaned her that bag. that wasn't her bag. is that how it borks on show. >> i was never loaned an item. melissa: you don't believe that report at all? >> i would have to is a no, i don't believe that. melissa: does bravo go ahead people look to spend more money so they look like wealthy housewives on the show. >> absolutely number but they
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will make it more interesting if you do, i'm sure. but in no way, shape or form, does bravo tell us to do things. melissa: the dow is charging higher. up triple digits right now and climbing after the latest fomc minutes. go to nicole at new york stock exchange with more on that. wow, we're up a lot now, nicole. take it away. >> absolutely. we got fed minutes from the september policy meeting. accommodative fed, we're worried about lack of growth overseas and strong u.s. dollar. you know they leave the interest rates extremely low. right now the dow is up 206 points. it ran up in the one p.m. hour and continued momentum higher. so right now, 207 points to the upside. majority of stocks that we follow, in the dow jones industrial average for example, all with up arrows. transports and russell, two groups really in focus, the transports, while all of these names in the transports are down this week, it is getting a pop,
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up about half a percent. these are truckers. airlines, ebola story goes with that. russell is out of correction territory, dropped in there yesterday. getting out of there, but still down for the week as well. down about 1.1% for the russell. those are small caps for the week but gaining today. back to you. >> nicole, thank you so much. we want to bring you more breaking stock news right now. carl icahn is taking to twitter right now to talk about apple. the activist investor says tomorrow he will send an open letter to ceo tim cook, which he believes, quote, interesting. i'm sure charlie gasparino is working this story very hard and will have the latest on this just as soon as it breaks. look at the stock of apple reacting to that. a huge hour going into the close here as mark accounts really rally. liz claman here to give us a sneak-peek. >> we're on it. charlie will be working it, down here probably in a few minutes to get you updated on that because apple of course is a
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huge part of the s&p. look at the stock market right now. absolutely loving the flock of doves that was released on it from minutes just one hour ago when you began your show, melissa. we have the man who has the inside track to the fed, jon hilsenrath of "the wall street journal." what does he think they really meant when they chewed the fat and discuss how they verbalize what happens next to keep rates low for a reasonability amount of time? there is no place like iphone? wait until you hear about the stunning real estate transaction in detroit! that home, we have the real estate agent who made it happen. how his phone is ringing off the hook right now, melissa. we have the realty flow broker. fox business exclusive. this story is going viral right now because he had a client who wanted to trade in a house for an iphone. we'll tell you what happened. now what kind of calls he is getting. >> wow!, a lot to get to, liz,
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thank you very much. before we go i had to show this to you, chaos broke out on a quiet australian street as kangaroos tried to take it outside. the marsupials began to throw slaps and kicks. charles is with me, did you know that they go back on tail to kick each other? street fight. >> always saw it in cartoons. two things i love about this, harks about to a time gentlemen settled things right way, right? harks back to a time we sort of like this dukes, right? you know -- melissa: i love it. >> i love it. absolutely amazing. we need to bring back the honor system. kangaroo system to settle disputes in this country. melissa: we don't have a tail so wouldn't work the same way. look at that amazing. these people were clever enough to stay far enough away to not get hurt and capture on video for entire world to see. had to show it to you. >> that is man at his best right there. melissa: very cool.
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the $100,000 starbucks experience. listen how one guy spent six figures to go to every starbucks location in the world. you can never have too many coffees. ♪ ♪ mr. daniels. mr. daniels. look at this. what's this? clicks are off the charts. yeah.
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melissa: it is time for a little fun with spare change. our next guest start ad worldwide expedition to visit every starbucks location. don't laugh. he has visited the6% of the locations in the u.s. and canada -- 96. he spent $100,000 making happen. computer programmer and starbucks everywhere.com. winter. how many have you been to in total? >> hello, melissa.
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i've been to about 11,773 stores. and, it has taken me about 17 years so far. but, fortunately i've been able to get a sample most of the locations. of the most of the economy goes to travel and accomodations. melissa: i don't know how it will be possible to get to all of them. seems like there is a new starbucks opening up every day. how do you deal with that problem? >> when i came up with the idea, i thought it would be possible. but after 17 years, i have come to realize that they closed down faster than i can get to them. now just a matter of doing my best. melissa: why are you doing this? i read you don't even like their coffee that much? >> ironically the coffee i walked into the studio with was new harvest from providence, rhode island. starbucks has a great business sense. they managed to expand all over the globe. so i have been to 36 different countries. i will continue to visit
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starbucks in the hopes of hitting those other 30 countries or 50 countries, wherever starbucks expand. melissa: why are you doing this. >> just to do something, just to do something different. to travel. to have adventures, to meet people. it is a lot of fun. melissa: i can respect. that you've been to our very favorite starbucks we go every morning 47th street. we didn't see you there them few but maybe next time. thank you very much, winter. >> thanks for having me. melissa: wild day for stocks. dow is up 200 points off the high of the session but let's go to nicole petallides at new york stock exchange. what are traders saying, nicole? >> they're saying this market is not for the faint of heart. it certainly hasn't been. we were watching some ebola stocks and saying that about the ebola stocks but that volatility is back. and that was what we've been seeing. and you can see today, the big swing that we've had. as a matter of fact, it is 286-point swing. we were in negative territory at one point today. after we got our fed minutes and
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find the fed is very accommodative, still worried about global growth, a strong u.s. dollar, likely to keep these rates unchanged for extended period or considerable time, you see that we've had this big swing. we haven't had a swing like that since july 31st. there is a look at vix though. you saw that to the downside? that is because there is no worries here on wall street. it is buying across the board. they're picking up everything, melissa. you can see all three major averages are gaining more than 1% each now. back to you. melissa: nicole, thank you so much. nothing gets the holiday season started better than a cheap flight. am i right? if you're planning leaving town for this holiday, we're going to tell you the very best day between now and christmas for you to buy your holiday tickets. at the end of the day it is all about money. ♪
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have a nice flight! traveling can feel like one big mystery. you're never quite sure what is coming your way. but when you've got an entire company who knows that the most on-time flights are nothing if we can't get your things there too. it's no wonder more people choose delta than any other airline. >> okay, dru drumroll please.
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today is the absolute best day to book all of your christmas travel if you want it cheap according to online travel site orbitz tracking trends the holiday season. youngest american to visit every country on the planet. he has on view on the findings and the starbucks guys as well. if you want the cheapest ticket you have to buy today, do you buy that? >> i don't. a lot of people both their travel through them but hard to so they can pinpoint one exact date. any time before following is a time to book. melissa: that is a good point. wait until after colrain, you're kind of screwed. >> there are a couple of days in november, but anytime three weeks before the holiday you would be okay. melissa: i thought it was interesting for things giving
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travel november 10 is the best. do you buy that? melissa: we had a guy that said he has been to every starbucks in the u.s. and canada. said $100,000. is he the best in general is 34 days ahead of your trip. before that, not after, what do you think of that? >> i like to see the college course they took. melissa: algorithms can tell you the answer to everything on the planet. you don't trust the algorithm? >> it is like a facebook algorithm. i don't buy it at all. i waited check every day from the day i buy it until the day i go bid melissa: that is what everyone says. >> i will be honest, i'm that
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guy who buys a ticket the day before. melissa: of course you are. i hope you are making money today. market is up 200 points off of the highs of the session on the fomc minutes he had a lot of news on apple. liz: charlie gasparino working the phones with carl icahn and will bring what he has gotten in just a minute. stocks jumping big-time thanks to what appeared to be angst and worry at the most recent fed meeting about what? we will tell you. the dow up 86 points, look at it now up 194. the fed is concerned of weak growth overseas so why did the transports, which were getting hammered in the negative territories turnaround and spike? helping to break it all down, he is here live. breaking

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