midterms just one week away. national polls not looking for good for democrats and the left is trying to keep president obama off the campaign trail. balmy temperatures turning downright bitter. looks like snow is in the forecast for halloween. we'll tell you exactly where. loving beats hating. that is mcdonald's new ad campaign designed to get critics on board. surely that won't inspire any mocking. even when they say it's not, it is always about money. melissa: we've got breaking news right now on the market. today's fox business panel joining us, charlie gasparino, jack hough from "barron's," rob basso from advantage payroll services. we're looking at market up 100 points. what do you think about the rally today? >> as mcdonald's would say, lovin' beats hate inch.

only thing that hasn't bounced back, is oil that is in dumpster. earnings are savings grace for the market. melissa: it is but you have to worry about specter of inflation out there. fed will still talk about that, markets loving all of it. rob, what do you think? >> we look at attack up in canada last week and it is amazing how quickly we rebounded from that. realistic everybody thought it would be a big issue. turns out only to be a blip. not to diminish the problems we had but reality the market seems to be coming back fine. melissa: go ahead, charlie. >> i hate to quote ed butowsky my sparring partner on "varney & company" but he made a good point a lot of people are making to me. when you think about it, the chances of the market going significantly higher than 17,000, in the, in the like, immediate future is very slim? is market bouncing around between two levels. the question, do you want to get

in now? looks like there isn't much conviction when the dow gets above 17,000. melissa: how much is the fed meeting going on? we'll get the response tomorrow. we'll listen to the language. they will end qe. >> talk to any sophisticated financial advisor that the chances of this thing going well, the dow and s&p breaking out of range it is in. it is very slim. melissa: okay. >> the chances of a correction they will tell you below those levels are actually greater. melissa: one thing the market focused on is earnings. facebook is in the spotlight as the stock hits a new high ahead of its earnings report coming out later today. can zuck and the company deliver today? >> i always guess on one quarter's numbers, but if i have to guess, have been surprising to the upside in recent quarters? yes they have. have estimates from this quarter been on the rise recently? yes they have. i think momentum is with facebook. think they're taking share in advertising. melissa: rob? >> i like one of the purposes they made. they bought a company called

slingshot to compete with snapchat that is pretty amazing. melissa: charlie is all over those. on every single one. slingshotting his snapchat everywhere he goes. >> average of investor, tale of two stocks. look at facebook. look at twitter. think about it what did facebook do different than twitter? actually went out and brought in sheryl sandberg and did stuff with mobile apps. improved the business. what has twitter done to deserve its current valuation? not a lot. which is why the stock is down today. melissa: plummeting 10% on concerns about slow user growth. ceo dick costolo admitting that the world cup was no help and didn't have impact on monthly active users. >> i'm not sure it was slow user growth. they were up 23% users. engagement was down 7%. >> right. >> they have more users less engaged. actively using the product. >> people are signing up but don't like it. they don't like it because everyone is talking and no one is listening. >> that is like cable.

>> sound like our panel. the real question, how long does current management last? zuckerberg brought someone in called an adult called sheryl sandberg. you guys have to wonder does this management exist in current form? i'm not saying costolo will leave but do they bring in -- melissa: he is one of your favorites, coast toll low. >> listen, i'm willing to make amends with people. melissa: really? i don't know if they feel the same way. >> this guy screwed fox business, i will be the first to tell you. i have no love for or hate for him other than really hans once you do that you're an open sore as far as i'm concerned. >> open sore but no love or hate. melissa: fest turing boil on my backside as charlie said. >> i love the guy. >> he screwed over fox business for no reason. and now he is getting, now the stock is getting crushed. melissa: there you go. bank of new york mellon, bracing for renewed attack from activist

investor nelson peltz. charlie has exclusive scoop on this one. >> here is interesting thing about this today is bank of new york investor day where they go around say the current business model which basically combines the 7th largest asset manager. they manage $1.5 trillion. , with the huge custodian bank which monitors and accounts for investments from institutional investors. i think it is something like $23 trillion. nelson peltz has had a series of meetings, took a 2.5% stake in the company in june. has had a series of meetings sources tell us with senior management and has raised issue about breaking up the banks, spinning off that asset management part to, you know, create shareholder value, yada-yada yada. if this happens, people of bank of america don't know if he will do it. he just raised it at meetings. if it happens, if he does one of the activist plays, that is what he is is, activist investors, it would be first time an activist

went at a bank before 2008. i don't remember anything of significance -- melissa: at all? >> you're right, going after banks, yes, i do remember the financial -- melissa: it was a big event. >> not successful -- >> great point. when i talk to the people at bank of morning mellon, in fact, exactly what they bring up. he tried it with state street. break off their asset management business. >> but their stock nearly doubled. melissa: go to the bromance going on in silicon valley, tim cook and jack ma will rendezvous later this week to discuss a possible partnership between apple pay and alibaba. and the stocks are hitting new highs are at it. both up amid speculation. we're learning with jack ma, the founder of e-commerce giant does not shop online at all. >> shocking. melissa: his whole entire business. wouldn't you at least lie and say you did it if that is basically your entire business? no, i don't shop online. >> are you burying the lead on this story? not that he shops online.

melissa: shopping. >> apple has a million new users on apple pay product, on alibaba's product they have 300 million. apple wants a piece of the share of the up-and-coming class in china right now. so it is not shocking that apple would want to pair up with alibaba. not sure why alibaba necessarily wants to pair up with apple. it -- >> should the stocks be going nuts on this thing? melissa: which one, apple? >> look at alibaba. melissa: both at new all-time highs. >> alibaba is surprising, it is above the high of when the ipo opened way which was 99-point off something, right? this is above that. this is first time trading in that $100 level. >> anything that gets attention from consumers outside of china is good news. >> does alibaba deserve $100 stock price you think? >> i'm not convinced it does. >> i'm not either. >> i think apple looks good here still. >> one thing i tell you, most investors bought this at 99. most small investors.

melissa: thank goodness they're back in the money they're back in the money. get out right now. help us, kim card car. you're my only hope. reality star taking the stage at a tech conference. she was revealing that she -- yes it is, that she is hoarder of, hoarder of blackberries, admitting buying old versions on ebay over fear the phones will go extinct which is well-founded. i was out over weekend trying to get a new one. went to a couple of places, couldn't find one anywhere. she is using blackberry and buying them up online. trend setter. >> admits uses iphone for video and social posting. only uses the blackberry for email. too little too late for blackberry. she is not savior. melissa: blackberry said in the response they're happy. they will soon launch newest device, blackberry classic. our new blackberry, the old blackberry. i thought i was last blackberry user. i'm glad kim is there with me.

haters to the left, mcdonald's is getting ready to drop its gs and hang with cool kids. they have a new slogan, lovin' beats hatin. >> can't wait for jingle. this is kind of a conversation -- >> problem is not the advertising. the problem is the food and prices. they need to make better food and charge higher prices. wouldn't hurt by the way to pay workers more. i know you hate that idea. melissa: this is butt of every joke. now they're trying to say lovin' beats haters will hate. cool or tragic? charlie, you're so quiet. >> this is almost as absurd as like kim kardashian giving anybody any advice on their -- just thought it was funny. get back to the kim kardashian thing, seeing carol swisher, kara swisher is -- melissa: derail the program and move it back to totally different topic. >> respected journalist rolling her eyes. melissa: i'm going to interview kim kardashian.

>> that is insane. kara is a friend of mine. >> kim kardashian is genius. got to stop hating. >> what mcdonald's is doing throwing in the towel. it knows it is crummy disof the abouting products are not selling, not selling with young kids. melissa: i love mcdonald's. >> the kids like less crummy stuff coming out of chipolte. >> the problem i have with it is, problem that i have with it is that they're using negative word. who wants a negative word attached to it? melissa: hunt for vaccine, nearly 5,000 people have been lost to the ebola virus and one company son the search for answers. plus sit back and relax and take a flight in a windowless plane. i'm not so sure about this one. more money coming up. ♪ (vo) you are a business pro. maestro of project management. baron of the build-out. you need a permit... to be this awesome.

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for more, let's bring in rich edson from the white house. >> especially critical senate races, melissa. look at the map you basically have two different maps this. is the seven states that mitt romney won in 2012 and democrats defending senatorial seats in and this is map senator obama or at least some of the place he will not be going according to his schedule. he will embark on a handful of different tours mostly focusing on governors races. to that the white house says it is about electing democratic governors. >> we are finding that governors are playing a very important role in implementing federal law. so whether it is raising minimum wage, or, expanding medicaid, there are at as important role that governors are playing in furthering the kinds of policies that the president advocates. >> republicans would argue simply because president obama is not popular in those states and therefore he is avoiding them. this is where he will be going.

milwaukee, wisconsin, very tight governors race there. thursday, portland, maine, another tight governor's race. providence, rhode island, heavily democratic area and placing like detroit, michigan. a senate race going on there, 10 point race for the democrats. very safe territory for president obama as he embarks on final week before midterm elections. melissa: rich, thank you so much. not quite friend but not enemies either. you might say obama and democrats are frenemies. let's bring in fox news contributor monica crowley, digital politics editor chris stirewalt. thanks for joining us. his approval rating near 40%. not surprisingly, jeanne shaheen, running for senate in new hampshire doesn't want him on the trail with here is what she had to say. >> i never said i didn't want president obama to come and campaign. the fact is, he is busy in washington. he is dealing with the ebola threat. he is dealing with the threat from isis. i think he is exactly where he needs to be. >> he is exactly where he needs

to be, for jeanne shaheen. chris stirewalt, take it away. >> what is she going to say when he actually flies over her state? because he has to go to maine. i guess he could take a vermont side track but, look, obviously that is bunk. what are you supposed to say? by the way president can be happy she at least admits she voted for him compared to other democrats this cycle who won't seen say that. she admits she voted for him and says, the problem for democrats is the essentially this. the set of issues changed dramatically against their favor in the fall and their hopes which were to suppress republican turnout, boost the democratic base and somehow save the senate essentially eroded because of isis and ebola and the administration's handling thereof. melissa: monica, why isn't more of a blowout for republicans if he is so toxic? >> well, it may be. going into this final stretch here we're seeing a lot of momentum in some of the very key

swing states in which the president is not visiting. so it may well be. it may be tighter than we expect, we just don't know. we don't know the dynamics with early voting. may well be that the republicans will have a very good night next tuesday. what chris is saying is true. the ebola crisis, the isis crisis, those, those two things were sort of the straws that broke the camel's back. there was already a lot of unease and uncertainty among american voting public based on economy and jobs, really not improving. the american people haven't been feeling that. this overall sense that their leadership is not up to the job. you got these final two crises, i think most of the american people are saying, you know what? let's give the other people a chance. melissa: the thing that was pushing debate was raising minimum wage which was getting traction but doesn't impact that many people. now the argument has changed. chris, what do you think the gop's closing arguments will be? >> argument before wasn't really about minimum wage. it was about the koch brothers

and argument of insiderness that republicans were in the thrall of big business and doing wicked things on their behalf. urn r unfortunately that didn't stick, it didn't work because democrats were not able to prove the case. and as monica points out as you're discussing when other issues come in it is hard to do. i think the closing argument you will hear from republicans, it is okay. we won't be weird. give us a try and at least we'll have some votes. at least we'll make the president, the senate will do some stuff. won't be like harry reid's senate. melissa: we've leave it there. stocks marching higher as the fed kicks off the two-day meeting. nasdaq leading charge more than a percent, bolstered by biotech and social media stocks, just not twitter. nicole petallides is on the floor of the new york stock exchange with more on the rally we're having, nicole. >> no doubt we're seeing a rally with the nasdaq breaking out above its 50 day moving average. apple and facebook doing really great, not twitter.

dow jones industrial average is up 93 points. not too far off the highs of the day. where it did cross the 100 point mark. look at names within the dow jones industrial average that are setting some records of their own. looking at names hitting 52-week highs, or all-time highs. home depot, 3m, proctor & gamble and nike and travelers. nike came out with earnings that beat the street. there is a look at home depot up half a percent. proctor & gamble is spinning off duracell. a lot of stories within story. you do have a rally underway. remember all the selling? look at that. getting close to 17,000. melissa: nicole, thanks so much. a little southern discomfort for tlc. discovery cancels another show amid controversy, raising big-time financial concerns for the company and network. solving the ebola crisis. we talk to a company working on a life-saving vaccine while jon stewart gives his two cents on quarantines. smart money coming up next. >> got to say, a tent with no

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melissa: president obama set to make a statement on ebola from the white house in just a few minutes. fox business is going to bring you the the top of the hour just as they happen. meanwhile, records show that the nurse that was released from a new jersey quarantine is actually a cdc employee. kaci hickox, threatened to sue for inhumane conditions after spending three days in an isolation tent. the lawyer she hired to help her release is a recent white house state dinner guest. hmmm. the second nurse who contracted ebola in the u.s. was released from the hospital just a short

time ago, amber vinson who was admitted to emory university hospital in atlanta earlier this month after treating thomas duncan who later died of the virus. the five-year-old boy being monitored has tested negative for the virus of the boy was being watched at bellevue hospital in new york after returning from guinea over the weekend. and despite the cdc new quarantine rules, new jersey governor chris christie is sticking to his guns. christie says his state will continue requiring mandatory quarantine for all health workers returning from west africa, despite the heavy criticism. desperate for answers on ebola. our next guest is working with the cdc on vaccines for the deadly virus. dr. robert mcnally is ceo of geovacs. he joins us from atlanta. thanks for coming on. >> good afternoon. pleasure to be here, melissa. melissa: thanks for being here. how long do you think the development will take? >> for our vaccine which is

preventative vaccine, we think that will take between 15 to 18 months. we might be able to speed up that process if grants are available or we're able to raise private fund and equity. melissa: where do you see it going from here? is it reasonable, would you, would you expect americans to get vaccinated? it only be people traveling to africa? how do you see it working? >> the way we would see it that health care workers for sure and people who come in general contact with folks in the public as well as the military, that may be dispersed to other parts of the word. then of course you've got the huge markets that are all in the sub-saharan african area. melissa: in terms of keeping up with the demand, might be out there, what do you anticipate, how great could demand be and what would it take to ramp up to that level? >> well, that is a good question because you're certainly talking millions of doses and particular vector we use to make our vaccine is one that has been around for a long time. smallpox, is a prime example of using a particular vector that

we've been using currently with our hiv vaccine but it is going to take, some clever manufacturing techniques and we may end up going to continuous cell line in order to go from house thousands of doses to millions of doses. melissa: really two parts. there is cure and prevention. what you're talking about is prevention. how about on the cure side? >> that is a really good question because there is a couple of answers that i can give you, one, we've already seen happen and that is that somebody who has survived ebola, you can take blood, develop the serum, give the serum to somebody else. we've seen several cases now where that has been very effective but that, for large groups of people that is not very effective method. really, what has been working for hiv for instance are these oral drugs, the cocktails that people talk about, antiretroviral therapies. i think, and i truly believe that somebody is going to come up with one of those oral drugs

to probably be used as a cure. melissa: dr. mcnally, from geovax, thanks for coming on. good luck to you. important work. >> it is my pleasure, thank you. melissa: from the u.s. to every corner of the world money is flying around the world, thousands of people are taking to the streets to protest internet tax. demonstrators waved phones in the air and threw old pieces of computer equipment at government buildings, not the new stuff. lawmakers want to charge users 60 cents per gigabyte of data traffic. to north korea where recovering leader kim jong-un is busier than ever after a spell in bed with his painful feet. reports say he recently had surgery on his swollen ankles, with doctors removing sifts -- cysts. since then he visited an orphanage. took time to remove 10 officials from power for watching south korean soap apas. that is important. landing in nigeria where the government is suing coca-cola

over half empty cans of sprite. this is a weird story. officials were alerted after a thirsty consumer bought the drinks after a supermarket only to find them half full. the nigeria ann accused coca-cola of flooding the country with substandard products saying they repeatedly come across rusty cans, dirty bottle tops and drinks with random objects floating. that is disgusting. good news for investors. goldman sachs going all in on the s&p. why the bank is bullish on the benchmark index. if you have a few hundred thousand bugs lying around and energy to burn, we have the perfect thing for you. you will get a kick out of this luxury punching bag. look closely. i can think of some other uses for that money or that fabric. "piles of money" and punching bags coming up. ♪ foreign markets. asian debt that recognizes

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♪ ♪ melissa: stocks continuing to climb right now. check out the major averages,

the dow sitting pretty much right at session highs. the nasdaq is up almost a percent and a half, a good rally, 120 points. halloween is right around the corner, and the folks at goldman sachs are dressing up in their finest bull costumes, making a gutsy call predicting that the s&p is headed for a 10% jump in the next 12 months. here to discuss it, charlie gasparino, who said pretty much the opposite, jack howe and chris from thematic growth portfolio. charlie, you said the opposite of that. you're going against the goldman sachs guys? you're smarter than they are? >> no, but i think i have less -- i talk my book less. >> well said, well said. >> goldman sachs, of all the wall street firms, is known to talk its book the most whether it's individual analysts or, you know, whoever it is, used to be, what's her name, abby joseph cohen, not her anymore? melissa: what do you think? >> i absolutely would love it to happen, i'm an investor, i just

don't see it happening. to me, it all comes down to earnings growth. i don't see how we're going to do that -- melissa: bond-buying program tomorrow by the fed? >> what i look at is this, i'm doing with my daughter right now pre-k skills, including pattern recognition. if i said to her new high, down big, new high, down big, new high, what's next? down big. [laughter] it's too close together with these huge swings to be a coincidence -- [inaudible conversations] >> you asked the right question, i think this is -- >> i think this is a big risk of a downturn. >> sorry. melissa: that was amazing. [laughter] which was -- >> we don't care about tomorrow. >> i think we know what's going to happen. >> it's filled up with people saying the market's going to correct 20% after this. there's no way to predict how high it's going to go, but i

think you need to pick a cautious stance right now. >> netflix being offered as part of a new package for internet, it's and phone lines. so far bbth stocks are up on the news. desperation? i think it's genius. i mean, the reason -- netflix is what everybody wants right now. you package it in with cable? what do you think? >> you look at regal cinema's performance last night, people are staying home -- melissa: why would you go to the movies when you have netflix in the comfort of your own living room? >> it's a great question. verizon needs to fill the hole that they have. they used to to have a deal with red box to stream, now it's gone. melissa: a u.k.-based tech company hoping to make windowless planes a reality in the next decade, but instead of actual windows, the plane features high definition screens with panoramic of the sky, so you're inside and you think you're in wonder woman's g6. [laughter]

you think you are looking out and seeing it all go beneath you. >> probably -- melissa: wonder woman won't be there, i'm sorry about that. >> you know -- wonder woman, what year was that? >> i don't know. i was wonder woman for halloween about 12 years in a row. >> the same thing you look at now, the thigh of the guy next to you rubbing up against -- melissa: oh! >> get you a little sea sic? melissa: i was thinking that. >> it's a big sub in the sky, that's what it is. melissa: here comes honey boo boo or maybe nod. yet another scandal as the show gets cut. we're going to see how much more the stock can take of this beating. plus home prices moving at a snail's pace, why a new index says gains have slowed for the eighth month in a row. at the end of the day, it's all about "money." ♪ ♪ she's still the one for you.

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stop taking cialis and get mecal he right away. ask your doctor about cialis for daily use and a free 30-tablet trial. ♪ ♪ melissa: i'm melissa francis with your fox business brief. coach shares plummeting after disappointing growth overseas. analysts wanted strong results from abroad to make up for its falling popularity at home. sales in china, for example, grew at their slowest pace in two years. home prices rose less than expected in august, that is according to a case-shiller index of 20 metro areas. prices rose more than 5.5% but

actually fell 0.2% from the month prior. and youtube may be about to launch a subscription service that will enable users to skip ads. google executives say it is an interesting model that will introduce a different way of viewing content. that is the latest from the fox business network, giving you the power to prosper.

♪ ♪ melissa: tlc about to have a family-sized hole in its prime time lineup. discovery communications canceling the breakout hit here comes honey boo boo amid allegations of child molestation. this is marking the second time in three months that discovery has had to abruptly pull a show due to controversy, leaving some doubts about the company's financial future. here now is diana fall zone, a reporter for foxnews.com. we also have jack howe back with us as well. diana, let me ask you, you know, these channels, they live by the sword, they die by sword. they get these very flamboyant, controversial characters that bring in huge audiences -- they had more than three million viewers originally for honey boo boo, still very strong numbers, and it's not a surprise. this is really a horrific allegation. >> here discovery did not do their due diligence when it came

to mama june, aka, june shannon, because she had a history of dating convicted felons. also they never went into the story, finding out what happened to the eldest daughter who is the alleged minor in question here. so that was kind of their mistake before allowing this show to go on air -- melissa: is that their responsibility, in fairness? i don't know how many shows would get on the air. you send a production team out, part of the reason why they do this is because it's so cheap. >> well, it is cheap, and now they're paying in a huge way, right, by having to rip the show off the air. melissa: jack, discovery communications is expected to report earnings next tuesday. they've lost two huge shows. the other one guns, same sort of story. this has got to be a factor. >> yeah, it's bad momentum for them. they hit a valuation floor on some of these networks because they're valuable as takeover projects at some point. you've got to believe this is going to hurt their earnings.

i love how they're saying they're looking out for the welfare of the child. what were you doing the past four seasons when you were riding the ratings? melissa: yeah. >> but then you should blame the audience for watching. i mean, it does become an entire audience, you know, that you have to look at. melissa: right. absolutely. where -- do you think does it change reality television or no? >> it's not going to change reality television. we see this with the real housewives -- ratings have fallen. if you look at things, if you look at any reality docu-series, season five -- including honey boo boo, from three million to one million. duck dynasty's ratings have split in half. melissa: they haven't gotten a boost with teresa going to jail? >> no, they've been depreciating. >> i have a reason people watch the shows because it makes them feel better about their lives. melissa: i think i'm getting

scolded here, but that's okay. thanks for coming on, guys. i love the housewives, sorry. liz claman joins us, i hear you have a very big interview coming up. lid liz yes, we actually do. you've been talking about the president, we are minutes away from president obama about to make some sort of statement on ebola, we don't know what that is. could be extremely important, stay tuned. we will bring that to you. of course, there was some breaking news this afternoon about at&t and the federal trade commission filing a lawsuit saying there was a bit of a bait and switch and that they weren't very honest with their customers. the stock has lost must much ofs gains that it had earlier today, but still slightly higher. why are we comparing it to t-mobile u.s.? because the it's the david versus the goliath. that man right there, john ledger, ledger and liz in the 3 p.m. eastern show. wait until you hear about what he says has been his extreme

success. they did miss on earnings, but they have gotten so many more subs, subscribers. how did they do it, and what's their next big trick up their sleeves? plus, we've got the company that proves mcdonald's isn't just doing poorly because people are changing their tastes and habits, sonic sells the same thing, hamburgers, but are they doing can it that much more intelligently? yes, they are. their stock for the burger chain up 30% over the past year. cliff hudson in a fox business exclusive on how he's selling burgers better than mickey d.'s. melissa: ooh, i love sonic. i'm sure you have some in the green room, i'm going to be up in just a second. [laughter] now this, for sure, is the top. it is something for those who want to take out all of their aggression but still look good. karl lagerfeld has created the ultimate punching bag. look closely. it's for louis vuitton. it's said to combine sport and luxury. it is made from supple, body-friendly monogrammed canvas

all yours for $175,000! are you kidding me? wow! very nice. how many houses in detroit could you buy for that? all right, it is slow but deadly, the 2,000 degree river of lava that is threatening hawaii's a big island and those that are living there. wow, look at that. plus, bold new claims from isis. the terror group says it is now just mopping up in kobani, and now there are fresh fears over chemical weapons. more "money" coming up. ♪ ♪ 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.

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melissa: the fight against isis is gettig more expensive by the day, the pentagon revising its cost estimate to more than $8 million a day.

but the brunt might not be all ours to bear. peshmerga fighters now traveling to turkey to help kurdish forces stop kobani from falling to terrorists. here now is chris harm, senior navy analyst at the institute for the study of war. let me start with these reports that isis may have used chemical weapons against forces in iraq and syria. do you believe that, and does that change everything? >> well, the only surprise to me would be if isis had not used chemical weapons. they're ubiquitous across the middle east. and regards to how many weapons of mass destruction we found in iraq after the invasion, there were several thousand at a minimum artillery and rocket rounds filled with different substances. in addition to that, you've got all the chemical weapons that the assad regime had. in addition to that, you've got all the chemical weapons that the iranian regime is currently producing, and the stuff just isn't hard to manufacture in small, homemade laboratories. the chemical weapons genie is

out of the bag, and we have to deal with the reality that if they don't have large stockpiles, at a minimum, they can make it themselves. the most consistent reporting has been that isis is using variations of chlorine gas bombs. now, while these are relatively less lethal than others, they're still lethal and still chemical weapons by my accounts. melissa: peshmerga forces are going to be joining the fight as early as today. how does that change things there? >> it's a huge help for the kurdish defenders in kobani. as you know, it's a syrian town k and it's been being defended by syrian kurds. due to political in-fighting, the peshmerga from iraq, the kurdish -- or the iraqi kurds have not been able or willing, one of the two or some combination, they haven't been able to get into the fight in coe lapny. now with the assistance of the turkish government, we're going to get some peshmerga out of iraq into kobani, that should significantly assist the kurdish

defenders against the isis onslaught. melissa: chris, thank you so much for your time today. >> thank you. melissa: president obama set to speak momentarily on the government's response to the ebola crisis. fox business will bring those comments to you live. plus, you'll be getting more than a few chills up if your spine this halloween. some parts of the country may be getting their first snowflakes just in time for trick or treating. at the end of the day, it's all about "money." or candy. ♪ ♪ means keeping seven billion ctransactions flowing.g, and when weather hits, it's data mayhem. but airlines running hp end-to-end solutions aralways calm during a storm.

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and constipation. nothing can revee 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. ♪ melissa: president obama set to make a statement on ebola from the white house in just minutes, we're going to bring you those comments live as soon as they happen. the dow sitting pretty much at session highs, up triple digits ahead of the fed's decision tomorrow to possibly end qe. let's check back with nicole petallides at the new york stock exchange. 118 points. what's driving the trade? are they talking about the fed at all? >> reporter: pretty interesting. everything waits on the fed.

you wait to find out what the fed has to say, every single word, the language, right? john corpina of meridian equity partners talked about tunnel vision and how we were selling off and how that's not here right now. people are focusing on great earnings. you have dupont, a slew of names hitting new highs, in fact, and the nasdaq breaking out above its 50-day moving average. so what happened to all that major selling and the worries across the board? in fact, we're sitting right here at session highs, melissa. melissa: nicole, thank you very much. treat and then tricks? snowy weather may arrive just in time for halloween festivities with chilly winds and possible showers. will the first flakes of the season ruin halloween pun? no way! fox news senior meteorologist janis dean joins us now. it's okay if out snows on halloween. well, i don't know. >> i'm from canada where they made the costumes two sizes too big so we could fit our snow

suits, so i'm used to this kind of thing. yes, melissa, we could see some snowflakes across the great lakes, the ohio river valley. there's friday if you live in these areas for trick or treating, dress warmly, okay? and then as we head into saturday, we're going to see the system move offshore and maybe bring the first snowflakes along the coast. -@but again, we're a few days o. we have to look at the computer models. this is just one, one of the reliable computer models doesn't have a storm at all, so take it with a grape of salt. but it is -- a grain of salt. there's your spooky forecast, looking good for the central u.s. rain and mountain snow for the rockies, certainly unsettled along the west coast and then again as that storm moves across the great lakes, the ohio river valley will see some snow mixing in in the later evening and into the overnight, and then we'll watch this move offshore across the northeast coastline for the weekend. and remember, it's fall back for your clocks, so we get an extra hour of sleep.

there's the silver lining. melissa: i know. that sounds fantastic. we also have the marathon coming up in new york city, they're always looking for temperatures, you know, that are cold enough, but not too cold. tell me about that. melissa: it's going to be chilly with a north wind, so dress accordingly. and there could be a few snowflakes here and there, but the wind from the north is going to cause some problems, so just keep that in mind. melissa: do you have your costume ready? are you dressing up? >> i have a nice witch's hat and an overcoat. melissa: i have a crown that i'm going the wear, and i'm going to be the queen of candy corn and just hand out candy corn. it's almost creative, but i really don't have to do anything. let me ask you about the latest developments in hawaii, the volcano encroaching on mainland residents. >> it's unbelievable, and i just got word from reuters, the lava has crossed onto residential properties. that's from reuters, to the hawaiian village right now is evacuating in its path. the closest town has about a

thousand residents, and you're talking about the lava flow, 2,000 degrees, and there's nothing they can do about it. it's been creeping for months, it is the youngest active volcano, and it's been active on and off since 1983. there's just really nothing they can do. and, of course, you've got the poisonous gas and smoke, and they just need to evacuate at this point. it's so scary. the images are incredible, but if youly on hawaii, in hawaii, this is what sometimes they have to deal with, unfortunately. it's devastating. melissa: it is amazing when you watch it happening because i was reading it moves at five yards an hour which is very slow and is not what you think of. but then when you look at the pictures of it burning across the ground, you see how devastating it is. why is this -- i mean, it's going beyond where it was. why do you think this is happening now? >> well, they about can't really predict where it's going to flow, that's the scary part about it. it's almost like, you know, an earthquake in california, you really don't -- you can't can't predict when it's going happen, and it's been very

erratic. it's been screaming up slowly, and then -- creeping up slowly and then quickly and over a path they perhaps weren't anticipating. it's very hard to predict. unlike the weather where sometimes you have a heads-up where these storms are going to go. when it comes to eruption in an area where there's a volcano, that is hard to predict. liz: janice dean, thank you so much for that. rich edson is waiting at the white house where the president is expected to come out any moment and have a statement on ebola. rich, what are we expecting here? >> bit of impromptu statement from the president added to the schedule late in the afternoon. president obama is heading to campaign event, and on the way out he'll make a statement on ebola. he's caught criticism on a number of things, whether or not the white house would support the quarantine ordered by governors in new jersey, new york and elsewhere, and whether or not the white house thinks it makes sense for what his own east the army, in nse is doing, quarantining those returns for

21 days. melissa? >> rich edson, thank you so much. we are expecting the president's statement. it's been delayed a few minutes. in the meantime, we hope you are making money today. the market up 118 points. and "countdown" starts right now. liz: thank you so much, melissa. as melissa mentioned, we have cameras trained on marine one. president obama is expected to come out any moment now to speak about ebola. we will bring that to you live as soon as it happens. we remind you that ebola has given the situation the severity managed to affect the markets. and right now break as well, it is the perfect time to be watching fox business. stocks pushing to new highs right now, leading the way, the little guys, the russell 2000, small cap