williams-sonoma. best buy. [closing bell ringing] david: apple up 1 1/2%. all good. liz: all goods for the dow jones industrials, folks, right here, 17,711. 715. do we have 716? as the bells ring on wall street that's an area we've never been before, above 17,700. a record for the dow. a record for the s&p 500. all stocks finishing to the upside. what a wild swing today. at one point this morning the dow was down 82 points. but everything turned around. we heard from traders in the last hour. it is all thanks to philadelphia. all things considered i would rather be in philadelphia at this point. philly fed index surprised to the upside. that juiced a lot of stocks today. let's get right to it. "after the bell" starts right now. david: breaking down today's record action, jason pride of

glenmede, he will tell us why the fed is overestimating the pace of rate hikes and how that could impact the market. needham growth fund's chris rentzler, what investor should be watching heading into 2015. ira, at the cme, i want to start with you. since october 15th, only since october if i have department the s&p is up -- 15th. is up 10%. are we forming a bottom. will that come down a little by end of the year. >> i think we make new highs by end of the year. window-dressing to go. you will have great holiday sales. energy prices are down. people are employed. we're get getting closer to watch not employment so much but what else is going in the economist. they're not seeing inflation. i think that scares them, at least what i saw yesterday. with that type of scenario why would you have to drop in the market? profit teaing waves between now and end of the year. people rotating, taking their

loss, whatever they have to do, window-dressing that is the key word. liz: one quick second. we promised gap earnings. we're getting numbers right now. cheryl casone how did they do. >> liz, dave, right as the bell ringing gap released earnings. came in 80 cents earnings per share. the estimate was 79 cents. missed slightly on revenue. now remember the gap doesn't own just the gap stores but old navy and also banana republic. they're breaking out sales numbers for the three brands as well. banana republic, u.s. net sales coming in 581 million. net sales for gap, 907 million. then old navy, net sales, 1.39 billion. really old navy seems to be the winner when it comes to numbers here. also some executive changes they're making. looks like they will try to put more executive emphasis on gap and banana republic. that would make sense given numbers on old navy and stronger

sales their lower end brand. gap and banana republic they're putting focus here. looks like the stock is trading at this point down about 2.8% after the results coming across, that is probably, liz and dave, they missed a little bit on the revenue side. we'll look for a little holiday guidance as we go through the numbers. liz: holiday guidance all important. get that to us when you've got that. let me throw it to jason pride. we can talk about individual retailers but really the fed who controls the market right now. you feel, jason, fast track, some argue year after year of quantitative easing is not exactly the fast track, moving up interest rates to mid to early 2015 might be too fast, correct? is that how feel and why? >> we do. the economy is doing reasonably well. we've got a, we've got a decent growth rate in place. we don't have the typical robust growth rate that normally companies, fed actually having to tamp down. there is reason we're seeing

inflation so low. there is a reason we're seeing some of these issues abroad, economically speaking. is that the growth rate for the global economy is really not all that great. it is okay. but it is not enough to really justify a rapid rate rise. the fed's expectations are reasonably optimistic in that they think we'll come in faster growth than what is currently expected by majority of economists. the street is basically already belt against them. -- betting against them. when you look at futures market and treasury market, yield for yields and fed futures suggest a much slower ramp up to tune of 50 to 75 basis points slower than what the fed is expecting the first year. we think that is best case. david: let me talk about jason's theory with you because there are a lot of people hurting out there. we had an election in this country that demonstrated the people in middle america has. part of the reason it is hurting this is very unusual period we're in where interest rates are below inflation.

that only happens when we're in trouble. that has happened for the past three years. we can show a chart going back 40 years. you can see very clearly we're in a very unusual period right now and that is hurting the middle class, particularly the savers in middle class of the fed has got to change that soon. >> yeah. i think they're on the pact of of -- path of getting out of the way of this cheap money world. we hope to see more money gotten to main street which helps small business. they are the job creators in this country. i think they need to get support. we think that 2015, generally is a good a year for the markets. it is the third year of a presidential cycle. historically that is good time to be in the market. so we're really looking for opportunities right now through year-end to invest in companies that we think are going to do well next year. liz: well next year. traders look at the next ten minutes, right, ira? look at the next, call it a day

or two. do we see follow-through? and what kind of a move does a close above 17,700, because i know it will be on some headlines tomorrow in the newspapers around the nation, does it do anything, and does it give a longer tail to what we saw was a very weak market this morning before data came out and propped it up and saved it? >> we're not -- >> upside, we're climbing. we're climbing to the upside. we're not running to the upside. and i think that is super important to understand. and the breaks when they come in, they have been short-lived. that october break i remember being on the show, everybody going, that could be end of the market. that is the first eight, 9% break we've had. it gobbled up to new highs. you could get profit-taking going into friday. i think picture is still one of bullishness. you will see window-dressing impact carrying into the end of the year. david: jason i want to talk about a one particular stock encompass a lot of what is going

on in this country and that is medtronic. medtronic have been doing really well. they bought a facility in ireland, redomiciling it. that has been in the news. obamacare on medical products that the kind that medtronic makes. they're positioning themselves in a very nice place right now, are they not? >> they are. this really is, it is, there is a company specific story given acquisition, the way they're redomiciling and medical products story but also a broad story here in the, in the way that that is a company that has a very steady earnings growth rate, a decent dividend they pay off. it is very steady eddie sort of growth company. exemplifies exactly what investor should buying at this point in time in the economic cycle. they shouldn't chase highest growth issues which have gotten somewhat overpriced in a lot of cases. they shouldn't be chasing the highest dividend payers.

they should go for the steady eddies that do well in a moderate environment. >> good point. >> be positioned for next year and trading at reasonable multiples they have somewhat, maybe medtronic hasn't, that category broadly has been a little neglected over past year. liz: let me get to chris here. you have two interesting picks. they're aircraft losers to third parties. that is a play on the economy doing better and more people traveling, is it not. >> it certainly is. there is a globalization that is going on. there is improvement of airplanes even with gas prices coming down. there is still a need to improve that fleet. air lease is focused more internationally. a good play on the global economist. we think it is a really well-run company. great management. significant insider enter ship. we think it is great long-term investment for your viewers. david: great to see you, chris.

chris lengths letter. of the jason pride. ira epstein. liz: other stop story of the day, david. tonight the president is expected to announce he will take executive action on immigration reform. david: our man peter barnes at the white house following all the ups and downs of this story. >> that's right, david and liz. president's actions are expected to focus on removing threat of deportation and providing legal status to millions of kids and immigrant parents ever immigrants here, legal immigrants of the migration policy institute says the actions will cover about 3.7 million undocumented immigrant parents of u.s. citizens or of foreign, foreigners working here with green cards as permanent residents. the institute also estimates 290,000 more young people who came here illegally as kid years ago are now at school or working will also get help in the so-called d.r.e.a.m. kids

program. and then there will likely be changes to the nation's work visa programs and other programs that could help another million up to another million people get temporary legal status here. liz, dave? liz: peter, as we get closer to the president's speech a lot has been about president obama taking this executive order but he is actually apparently low on the list of orders compared to previous presidents when it comes to numbers. this is what our brain room came up with. ronald reagan did 31. bill clinton, 364 times. george w. bush, 291. barack obama 193. >> there have been plenty of those types of executive actions and orders on immigration, including by president reagan and president bush 41. in fact the president, the current president's press secretary talked about this morning on fox news. >> this is consistent with steps that were taken by president reagan, president george

h.w. bush and other presidents over the course of history that used their executive power to address problems with our broken immigration system. >> of course republicans are very angry about this they're looking at their options on how to react to it, including passing legislation, trying to cut funding, maybe even taking him to court. david and liz. david: we should mention by the way ronald reagan's changes in immigration came on the heels of the simpson mazzoli bill passed by both houses of conference. so any executive action he took was tweeking a bill passed by the white house. this is pretty unprecedented to take this step doing so without any move from congress beforehand. peter, thank you very much. peter barnes. >> thank you. david: tonight on fox business neil cavuto hosting a special report on the president's immigration plan. that starts at 8:00 p.m. eastern time. liz: investment advisor fees, oh, they could be costing thousands of dollars a year. but how about that type of fee,

zero percent? what company wants to charge that? how? by letting you pay whatever you want even, yes, 0%. the ceo of that company is joining us next. david: also the winter storm is here long before winter actually officially comes in. the u.s. bracing for more icy temperatures and lots of snow, about eight feet in buffalo. did you hear this? as winter storm lingers. parts of the northeast are just inundated with snow. is there any end in sight? we have the latest. >> credit card balances are rising. is that a bad thing or is it actually a good thing? does it spell trouble or opportunity? goldman sachs under scrutiny for its federal reserve ties. and obesity costing the world trillions of dollars. could it somehow fatten up your portfolio? what is the money play here? there is always an investment play because fox means business. that and more with our panel coming up. ♪

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david: another one of those record hitting days. several retailers hitting lifetime highs. liz: nicole, we were talking about how urban outfitters was

laggard yesterday and a leader today. >> it bounced back. urban outfitters was really a dud. they did not execute on numbers as they hoped. even the ceo was disappointed. the group is doing better. urban outfitters bouncing back, not a surprise. williams-sonoma, macy's, lowe's. record all-time highs. did very well with this two last ones that i noted. williams-sonoma itself had growth. macy's with bloomingdale's umbrella. they come out with the whole door busters things for last friday. lowe's did better as people had jobs and money to spend on timing and building materials. liz: thank you very much. david: retail investors like us, like you, are often hit with a very big fees from financial advisors but there is a new investment firm that is headache shaking things up on the street but offering an average investor a shot to play with the big boys at a very low-end cost and in

some cases no cost at all. liz: none at all? how does that work? joining us now, the man who came up with this. he is aspiration founder and ceo. where you can invest in aspiration and decide what type of fee you want to pay? wouldn't everybody just say zero%? >> we don't think they will. we think we can trust our customers to pay us what is fair. that is a lot more of a pro-investor way of being than what we often see from wall street and from traditional investment firms. it is not zero. nothing is for free in this world. but we believe as opposed to setting a price having people pay us whether we're doing well or not, whether or not they like doing business with us we can trust them. david: what happens if everybody just says, uh-uh, you said i don't have to pay. what happens if everybody says we want to pay zero? don't you go under? >> we'll have a problem, absolutely but we'll also have a real sense of that is not the way the world works.

people throughout our lives are trustworthy, are honest, are good people. david: you can be honest and sign a deal that says i don't have to pay and at the end of the day not pay. >> if they feel we're not doing any value for us they can not pay. we believe we'll deliver good value and we believe we'll live by our good values. part of what we do we take 10 cents of dollar we make devote it to charitable giving. chaired take taking the warburg parker investment design. they are people who want real access to great products and they are people who will be fair-minded. liz: you already know what people are doing. you have launched. you launched about a month ago. >> just last week actually. liz: a week ago. tell us what people are clicking when they say how much do you want to pay in fees? >> you know it is early days but what we are seeing though is really amazing feedback from our customers. the kinds of emails we're

getting in from people saying you know what? i've been waiting for a financial firm to come along that cares about the middle class. that is an investment firm with a conscience. people are saying, i'm going to do right by you. and it really reinforces our belief that vast majority of people out there are good, honorable people, given a chance to invest in a way that makes sense for middle class, with products that make sense for people's hopes and dreams and aspirations they will do right by us as well. david: by the way, you said middle class. $500 minimum and $100,000 maximum. it is designed specifically for the middle class investor. again people don't mind paying off if they're in a bull market. we've been in a tremendous bull market for the past couple years now, eventually it will. everything that goes up eventually comes down. i don't know when but it will. that's when you're in trouble. people don't want to pay for losing money, do they. >> it is up to us to show our

customers even if we're going down, hopefully they would go down less than we they would otherwise. that we're something positive for them. if they don't feel that way and they don't feel we're doing a good job for them, why should we getting paid. why isn't the rest of wall street getting paid if the rest of your customers don't believe they should be getting paid? that seams like the right way. david: we'll follow your blog progress. i'm a skeptic but we hope it works. >> aspiration.com. check it out. david: good to see you. liz: thanks a lot. playing with plastic. consumer credit card balances saw the biggest gains since 2008 last quarter. is this a blast from the negative past that could trouble or great investment opportunity? >> as the president gets set to act by himself on immigration, the big we is, will it be good for the economy? we have a feisty bull-bear debate on that coming next.

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david: time for a look at today's market drivers. all major indices posting gauges with the dow and s&p posting record highs yet again. energy leading today's s&p gainers. exciting home sales hitting one-year high in october. sales of previously owned homes rose 1.5%. americans flying, filing for first time unemployment benefits fell more than expected last week. jobless claims dropped 2,000 to 291,000. liz? liz: david, did you see this stat? credit card balances were 4% higher in the third quarter than they were just a year earlier. is that a good thing? are they getting too leveraged? we bring back the panel. fox business's liz macdonald, and mark newton, gray wolf partners chief technical analyst. some people might think they're piling it higher and deeper. they forgot all the problems from the past. joe, what do you think, is this

a good thing for bad thing? >> i think it's a good thing. the credit card companies are benefiting from drop in oil. they're giving more confidence spending in other areas specifically in retail. retail not only in restaurants but clothing as well. liz: debt, not necessarily a bad thing, lizzie. what do you think? >> i'm geeky. i know you like geeky. i like the saint lou fed. wall street reads the st. louis fed. watch what the st. louis fed is watching delinquency rates. the delinquency rates are trending down. they have been trending down for the last four years. the balances are cut by a fifth. delinquency rate on credit cards is lower than it was in 2005. when you have younger households deleveraging that is positive sign. liz: discover, mastercard and visa, these would benefit because they're to takers on credit card usages.

what do you think? is this good thing, bad thing and am i missing an area of investment here? >> this is great for the credit card companies given the fact delinquency rates come down and remain very, very low. if that starts to rise, that could be a problem. consumers, obviously, 4% is not that big of a move. in general with rates being low, i don't see it being all that problematic as of now. when you look at stocks themselves, most are range-bound for most of the year. they had about 20% move to the upside just in last couple months. i'm not sure if it is a best risk/reward at current levels to own stocks for the short term. but i do like prospects longer term. think they're very bright. liz: you may have missed the first move up. there may have been another one. get to goldman sachs. big news today. two goldman sachs employees fired for sharing confidential federal reserve information. actually it was even covering this. the one shared. the other didn't tip off officials about the leak of that information. this just seems to be piling it higher and deeper when

goldman sachs is always accused of being woven in with the federal reserve. >> too much in bed with regulators at new york fed. here is the deal talking with sources close to the matter. basically individual at goldman sachs he was fired. 29-year-old banker. he worked for the new york fed. he was close to the stress tests run by the new york fed. he circulated an email with a spreadsheet attached to it that had confidential new york fed, basically supervisory information on it. but the minute that goldman sachs found out about this, seems that they took action and fired these individuals. the fbi, the doj and fdic are still probing. there may be a senate banking hearing on this tomorrow, lizzie. liz: joe, the atmosphere on wall street is figure out a way to win, right? sometimes these guys could arguably be pushed to get better returns. this comes on the heels of a whistle-blower who is going to testify before congress about how she tried at the federal reserve to investigator regulate

goldman' they had try to interfere with her. does any of this surprise me? >> this doesn't surprise me but it is such an uphill battle because revolving door of regulators go into the private sector and other way around. president bill dudley was goldman's chief economist before he replaced geithner. this revolving door makes a huge conflict of interest. they're always looking out for each other and got each other's back. liz: mark newton, you guys on the floor and watch this and shake your heads over and over again, but will any of this ever change? give me 20 seconds. >> i think banks have been put through the wringer last couple years which is unfortunate and trying to shed this image. if any regulation does any good we tend to find these problems and solve them much quicker than we would 10 or fit teen years ago. it is a problem but i think it is being dealt with. i think that is a good thing. liz: got rid of the one guy in trouble. that's a good thing.

>> how much does obesity have on the global economy and how much do you spend if you're not obese. would you shovel a stadium just to see your favorite team play, david? we'll get to that in a minute. david: i love this story. parts of the country blasted with historic amounts of snow. who should embrace for more winter weather. remember, we're still a full month away from winter officially. if you're looking for a job, fox business wants to help you find within. stay tuned to hear which big companies are hiring right now. the list includes three retail giants. and you don't want to miss this. chief, half of cheech and chong, talking about his personal experience with the u.s. immigration process. that is coming up. ♪

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david: people are already writing in. that was not chief, that was tommy chong that we showed. a lot of cheech and chong fans upset. we want to set the record straight for that last tease. extreme cold continues to freeze the nation with places like buffalo, new york. they already have more snow now than they usually have in entire season and it is not december. liz: it is so bad they're moving to cleveland. when will i see some relief? when will they? rick reichmuth live in the fox weather center. rick? >> it is almost coming. we have another six to 10 hours of this snow. we'll start to see this entire

event calm down quite a bit. but the snow still falling all around the great lakes. there is one stretch that is the worst. right here off lake erie. that is the stretch just south of buffalo where all the heavy snow has been over the last say, four to five days. where we've seen in some cases over 70 inches of snow. very, very hard to imagine. take a look at what the future radar does. you notice overnight we see this taper off. still a few flurries flying around the area. then go into the day on saturday and watch this. this green starts to get here on saturday into sunday. that's rain and not snow. you think well, that's good at least not more snow. not necessarily the rainfalling on all of that snow will make it incredibly heavy. with the temperatures warming up we'll really see the chance for some pretty significant flooding. here is the high temperatures on saturday. finally you get above freezing in buffalo. tomorrow one more cold day. sunday at 43. look at this, guys, 58 degrees on monday in buffalo.

that means rapid snow melt potentially with some of this rain and case for flooding. temperatures are better. everybody will be glad to get this event done. david: watch out for the floods. thanks very much, rick reichmuth. liz: target is selling ergonomically correct shovel. i just bought one, acid green. very cool. almost 1/3 of the global population overweight or quite frankly, obese. that places, are you ready? $2 billion burden on the world economy. we bring back the panel. liz macdonald, joe fami, mark newton. has to be an investment play here, lizzie. >> 2/3 overweight and 2 trillion in economic burden here, that is equal to the economies of russia or italy. liz, you can imagine policymakers will say, they will not be satisfied with guys. -- fries. there will be pressure on the fast-food companies. liz: i think so, pressure on the fast-food companies. mark newton, what about help for

health care companies or medical device-makers perhaps involved in insulin injection? >> i agree with that 100%. that will continue to be an area where they can fry. this become as bigger issue. they say in 15 years we could have almost half of the adult population overweight or obese. that is just amazing. as he mentioned the costs to society are immense. i like stocks like nutrisystem and weight watchers down 80% from all-time highs. nutrisystem in particular starting to base out. a few of these look like good risk rewards. the problem is not over by a long shot. it continues to get worse. these companies i would think thrive in environment like this. liz: joe, you guys on wall street will take a bet on anything. what do you bet when it comes to obesity? >> the big beneficiaries are health care insurers and bio and pharma. obesity leads to different problems like high blood pressure and diabetes. those are ones benefiting from it. liz: everybody wants a quick

solution. yeah, lizzie. >> lizzie, one fact that should make you pay attention on wall street and why this is the place for stocks. two times people live in countries where they die from obesity than dying from being undernourished. that is astonishing and something to pay attention to. liz: there is publicly-traded casket company. i am going to get mail. switch to football before we get trouble. how much do you love your football team? well the buffalo bills are hoping fans luff them enough because they're asking fans to show up and help shovel a whopping 222,000 tons of snow in the stadium before sunday's game against the jets. what do you think, joe? would you show up? >> they're playing the jets and i wouldn't shovel snow to see the jets play. i don't want to see them in sunshine. i think if you want to make this the most highly rated nfl game ever, leave the snow on field, let them play it out. liz: lizzie, good exercise.

>> i went to school and college in buffalo. people use down comforters in summertime and drive 65 miles-an-hour through blizzards. i bet some of the schools are still open. when i was there, 12 feet of snow is what we had. get those shovelers out. you will see a pretty decent game. i think the bills win. liz: man up, everybody. what do you think, mark? do you think the bills will clean that stadium out? >> let's hope so. i mean i would shovel to see the new england patriots or bears, i don't know about the jets. i have to agree with joe on this one. noble cause to bring people together for common good. if anything, if it is miserable experience, something nobody will forget the rest of their life. liz: i like. >> that let's hope we get this taken care of sooner rather than later. >> you know what? i think that is great. somebody should prospied smores. it would be great. thanks to our panel. joe, liz, mark. david: i love joe's idea playing it in the snow. that would make it an interesting game.

something serious. president obama will address the nation on immigration tonight and is expected to announce a major executive action on that issue. are his actions legal? how will it impact the economy? we have a debate. four companies are looking to add thousands of employees. we'll tell you who is hiring. get your pen and paper out. we'll tell you where to apply. that is coming up. ♪ it's more than the driver. it's more than the car.

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david: president obama made the case over 20 times in public that he couldn't change immigration laws without congress. so how could he get away with doing something he himself said would be illegal? and how would that affect the economy? joining me is marker corian, center for immigration studies executive center and michael wiles. partner with wiles and wiles. they couldn't disagree more. first of all the legal issue, mark, is the president about to break the law? >> yes and no. he is about to break the constitutional norms and the understood limits on discretion. what he is doing is a kind of a legal listic pushing of the

envelope, something that no one has ever considered lawful before, no president, no congress and, so he is figuring it is a political decision. he is figuring he is going to try to see what he can get away with and see if it works. david: okay. michael, let me put up the constitution itself because of course that is the final word. article 1, section 8 of the constitution gives congress exclusive authority to quote, establish uniform rule of naturalization. now current law does not allow illegals to work. he wants to change that. that means he is creating law which constitution says he can't do. >> unlike your other guest i believe pregnancy is either yes or it's no. the president is not violating or breaking law. david: i showed you constitution. >> he is not violating constitution or making law. david: he is changing the current law if he allows illegals to work? >> no. law is very simple. shared responsibility between our executive and legislature.

the president is exercising prosecutorial discretion. he is deferring action. he is not conveying action. gives work authorization to defensor of status. up to congress deal with this challenge. if this congress won't and deafening silence in washington going on for generations completely unacceptable. david: by the way that silence was there the first two years of his administration when he had democrats in both house and. >> and president bush also. david: what i'm saying he had a chance to do this with congress the first two years and did not. all right, mark, one thing i think we could all agree on is that the ins is a terrible bureaucracy. just awful. i had to deal wit personally. i married an immigrant. my stepson is immigrant. my stepson joined the marines before he could become a citizens because the ins lost all of his records. can't we all come together saying this is bureaucracy that has to be fixed? >> well first of all there is no more ins.

it is homeland security. david: homeland security i know. >> no question it doesn't run well. anything can be made more broken than it already is. and the pro problem is that the senate bill that the president demanded that the house pass would have made things even worse than they are now. so the fact is, sure, there need to be significant improvements to our immigration system but frankly there need to be improvement the to our tax system and to all kind of other governmental systems. this doesn't give the president a free hand to do whatever the heck he wants. >> this makes great economic and political sense. the truth is it is within the spirit of what your stepson did, we allow people living and have allegiance to this nation, to a nation of laws. we have to fix our broken immigration system. david: all four million immediately getting amnesty are all as responsible as my son was? >> let me put it this way. undocumented is obfuscating the legal immigration. right now takes you 12 years to

get an h1b. david: that is terrible and ridiculous. >> to come to america to complete services. if labor department certified they're not displacing american laborers but immigration system has quotas going back to the dark ages it is not within spirit of efficiency of government. we again disagree with the other gentleman. the truth is, this is a broken system. we need to fix it. david: but i want to talk about how to fix it. hold on a second, mark. can't, i mean can't we all get along, i don't want to go there but i want to go to the point where there is enough wrong with the system. we know the president will do things. i think it is illegal what he is doing. we can argue that point. since the president is going to do this can't we get together to talk with congress and say let's help you fix night no, i'm sorry. this is not a debate about policy yet. that is an important debate. it is a debate that happens in congress. the president -- >> excuse me. it noise the, they are. david: let him finish.

>> congress is in fact doing something. it acted by refusing to pass the president's amnesty bill. that was an action. it happens all the time. the president doesn't get to say you didn't pass my bill, so i'm just going to do it. david: we have to go but i have to give michael last word because i started with mark. very quickly, very quickly. >> police department train officers. look what they're doing, not what they say. the fact this they stopped the president from doing something doesn't give him credit for doing something. this is country of immigrants. we have to take our borders around -- david: tom we have to leave it at that. tom, michael, we could go on for a long time. we don't have the time. thank you very much for coming in. tonight, folks, neil cavuto will host fox business's special report, president obama's address on immigration, 8:00 p.m. eastern time. you do not want to miss it. keep it right here. liz? liz: david, we know the job market has been tough. here at fox business we want to help. up next we'll tell you which companies are looking for

thousands of employees. immigration is topic of the day as the president gets ready to announce that executive action on immigration about three hours from now. next we'll hear from marriott international ceo arne sorenson on the same issue. >> hi, everyone, i'm gerri willis. coming up on my show at the top of the hour. major flaws exposed in new crash tests of minivans. we'll tell you where problems are. including what the testers say is one of the worst results they have ever seen. that is one of the big consumer stories coming up on "the willis report" in just a few minutes. protecting my future. thank you for being my hero and my dad. military families are uniquely thankful for many things, the legacy of usaa auto insurance could be one of them. if you're a current or former military member or their family, get an auto insurance quote and see why 92% of our members plan to stay for life.

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>> breaking news, we have just confirmed that due to all that snow that has covered all the field in buffalo, the buffalo's game will not due to safety issues will not occur in that stadium. they can't take that chance. they're actually going to move the game. where? well, detroit and washington, dc, has two potential alternative sites. apparently pittsburgh and toronto were initially floated as possibilities, but both ruled out. david, despite the fact they came up with the idea to move the thousands of tons of snow out, not going to happen. >> skins will be in san francisco. perfect time for that. are you looked for a job? we may have an opportunity? liz: our cheryl has been on the job hunt. four major companies looking to hire thousands of workers. what now? >> absolutely. these are seasonal jobs. you know, with the

holidays coming, you would assume the retailers have stocked up on employees. they have not. they'll be hiring up until christmas day. you know walmart, 60,000 seasonal employees cashier, customer service, more than 25 percent of last year's seasonal associates went full time at walmart and got permanent jobs. toys r us, who do not want to have some toys over the holidays. 45,000 seasonal employees. again, they'll be hiring through until christmas. 20 percent of their work force retained throughout the year. shutterfly. you ever have those -- liz: it was in the studio a little while ago. >> they're hiring. this is those manufacturing jobs we talk about when we cover the big jobs report or initial claims even. this is all very important, i think to what is happening out there. david: a lot of these while we

say seasonal jobs, a lot of these last beyond the christmas season. >> a lot of these companies hire a good chunk of these employees to the next year. you get discounts. maybe it's not your dream of working -- jc penney, but discounts. extra cash. so many american families are struggling. liz: maybe you prove how good you are, maybe you're better than some of the existing full-time employees they have. >> jc penney started part time. they've been really good. david: the best way to get a good job is to have some job. once you have a job, maybe you can trade up. >> it builds your confidence. absolutely. david: keep on this. very important for our viewers. liz: a lot of big names hitting the screen on fox business. let's take a look at some of the highlights. tommy chong from each other and chong on

immigration. >> you went through the process. you filled out the forms, you did, didn't you? >> no, i didn't. >> you didn't? >> guess what happened? guest what, president grand amnesty. >> ronald reagan 1986. >> you know what they did, they actually called me, because i'm famous. and they said, hey, do you want to become a citizen. i said, yeah. come on down. >> there has been no more divisive issue than immigration reform in the us the last few years. every time we say something, i say something about immigration reform which we have supported for many jeers years, some voices knock my head off. >> you'll get the haters. >> you'll put your voice out there, the two sides almost meet at the back and say, this is something we oppose. if anything, the president will make it more divisive.

>> you can catch all these and other interviews on fox business.com. liz: time for the number one thing to watch. joe. what is it? >> i'm looking at alibaba. it's a big cap obviously china play that not only for tomorrow i think year end with seasonally. just an explosive play in china. there's a lot of smart money behind this. technicals are strong. it goes higher not only to year end -- david: there are many questions about this stock. you don't buy a piece. it's complicated. bottom line, would be able to trust the numbers. we don't trust a lot of the numbers coming out of china. >> i trust the numbers. it's one of the biggest way institutions can get into the stock. it's not in the index. they're piling into it because if it's not in the index, it's a way to pick up. liz: when they do 9 billion in sales on one day. wow. unbelievable.

david: they have an audience. the government will protect them. we don't like protectionism. it's going to happen. >> thanks for having me. liz: any time. thank you so much for joining us. neil cavuto, 8:00 p.m. on the immigration coverage. david: willis report is next. gerri: hello, everyone. i'm gerri willis. the white house pulling a fast one over the american people. but now, their lie exposed. the administration so eager last spring to tout they reached the 7 million mark of enrollments for obamacare. it turns out, that's not the truth at all. debbie, th -- tebby welcome to the show. the obama people overcounted the number of enrollees by 300,000. when they hit that 7 million number, it was a