[laughter] it happened across the country. investing 101, how will you pay for all of this. in the meantime, "varney & company." it is all about energy. opec says it will not cut oil production. a four year low and he will be paying even less at the pump. make no mistake, the falling price of oil will have major implications. here at home, energy independence.

♪ >> today is a shortened trading session. the s&p 500 has been flat most of the day. it did hit an intraday high. jcpenney, macy's, thus by walmart. we are keeping an eye on several of them today. did you have the airlines hitting record highs. nike, travelers, united health and visa also hitting lifetime highs. a new high because a star wars trailer was released.

here is the big market story of the day. now trading under $70. all getting hit during this short and trading session today. i heard people talking about a bottom. we broke through that. >> we start to go down. we hear people talk about 45 and 50. what's the number one thing? more supplies. yes, they keep the price low. yes, the dollar is strong.

>> let me ask you this. this could be a mixed blessing. there are smaller countries around the world starting to feel the pain as well. there will be some small trades going on right now. we were just that 80 a few weeks ago. >> this is just a temporary slowdown for oil. would you agree with that?

europe is getting even closer to recession. this does not bode well. >> they will probably have some sort of accommodation. harder and harder for oil to get its head above the water. they only bought 2% growth. going forward, if we get the economy going, that will be the best thing that happened so oil. >> it also has major international implications. a former senior adviser joins me

now. it is great. including the military budget. about of half of the oil comes from there. the client in the ruble and other political problems they have faced. this is a good thing. frankly, if we want to recognize this opportunity, we will see it as a chance to stabilize. maybe he sets his sights on other places like lithuania or other soviet bloc nations.

>> there is a problem in that. they turned towards adventures abroad. there is also a financial implication here. more when oil is low. you would think that they would get wise. oil companies coming back to the market. >> is there any real opposition? >> there is nothing that is imminent.

a person with his apparent power feels his existence is in peril. you know that that government is unstable. we could help. >> all kinds of complicated bad consequences. the low price of oil will hurt isis. at the same time, the saudis are no friend of the iranians and it is a no-win situation with this. >> iran is extremely dependent. the regime is no friend of the united states. no essential partner of the united states.

they continue to support islamists throughout the region. our allies, the gulf states had decent economies and will ride out this decline in oil. that is why saudi is welcoming them. >> they are the ones that feel the pain. this is good overall. >> this drop in the price of oil and gasoline is 20-$30 a month back into the pockets. the obama administration quietly dumped new regulations just before the thanksgiving holiday. some predict it will cost business hundreds of billions of dollars each year. mark murano joins me right now. is it bad news for business?

>> it was announced the day before thanksgiving. the obama administration knows that this is bad for business. it is bad news for american energy. this is going to make a standard so stringent. >> is the president saying, you know, we are going more to the left. catering to the environmental side. those who may be saying you are out of here. that is a message for this?

>> the idea that we need these regulations ohio and michigan will be horrified at this. >> you check about the politics of it. talking about three-almost four years. talking about lowering the ozone standard. 60% of the country is in areas that are already out of whack.

more energy plant closures. more economic restrictions. this is such a profound impact. it is all headed in a policy of these parts per billion. something that can be hidden. it will be a huge economic impact. they are talking and parts. more jerk kony on standards. they try to act like they are reasonable by comparison. today may be the biggest shopping day of the year.

we will tell you how much money people spend thursday right after the break. ♪ ♪ (holiday music is playing)

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and a free 30-tablet trial. >> you can see that the dow is up. cheap oil is having an impact player. the other thing about gold, it will have an impact. keeping an eye on not. dozens of companies. ups. it will be a very busy month for shippers. best buy, its website still down. they have turned this company

around. now they have this. sales earlier and earlier. you have that low when everyone is eating their turkey. that is more then how many people go to disneyland. thanksgiving certainly gobble gobbles some of this weekend sales. we all see this amazing tax

break. goldman sachs says a decline in gas prices. extra money in your pocket. are you going to spend an extra 20-$30 on your holiday gift? do you feel confident enough in the economy to spend those savings on holiday purchases? >> disposable income was essentially flat. >> i think retailers, in the end, may actually suffer. single day in china.

the retail was 315 million. >> this -- record highs today. maybe that is a bit optimistic. in search of the best deals this holiday season. rich joins us live in times square. of course, it worked out. a little exclusive deal.

toys "r" us tell us they start negotiating peace toy deals about a year ago. this store, by the way, "night. 5:00 p.m. >> very cool. >> i like that. >> i am old enough to remember gumby. do they sell gumby anymore? >> baby in the basement, i don't. [laughter] i will check it out for you. >> let me ask you this question. when you speak to the people who are shopping, will they spend

our money this year? >> it the pens on who you talk to. we are in times square. they begin to start spending a little money. >> anything sold out? is it hard to get some of the items? >> does far, there is nothing that we have seen that sold out. there really were not too many people here have four-5:00 o'clock in the morning. now, a little traffic. >> i have to let you go. you are on the company credit cards. we will meet you at carnegie

deli. >> it is all on me. you got it. >> we usually see eye to eye with our friend ralph colonel peters. we will play you the highlights right after the break. ♪ how can power consumption in china, impact wool exports from new zealand, textile production in spain, and the use of medical technology in the u.s.? at t. rowe price, we understand the connections of a complex, global economy. it's just one reason over 70% of r mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing.

you don't need to think that makes our lives possible. because we do. we're exxonmobil... and powering the world responsibly is our job. because boiling an egg... isn't as simple as just boiling an egg. life takes energy. energy lives here.

>> that was a first look at disney's new star wars movie. disney stock is getting a path. lauren, you 41 -- >> 80 second trailer. people are talking about this. >> they say that in the book. i am asking if you think luke will go to the dark side.

>> yes. yes. this comes out december 18, 2015. i will get my tickets today. >> last friday, cyber monday, millions of people hitting stores this weekend. here is what you had to say. >> i never have. >> i am a little scared. >> $300. normally like 600. >> be sure to head to our

facebook and twitter changes. his interview with charles on wednesday may be the most fired up session we have ever seen. >> charles, i am sick and tired of big business telling me it is patriotic to pollute. my years in uniform were not so we could talk to fight everything. >> you had quite a bit to say. i have always loved colonel peters. now, more than ever. it sounds like he is preparing to run for office.

he is as lost as a goose. while you are at it, be sure to go to the fox business page and like that as well. the biggest shopping day of the year. we will ask one of our retail experts after the break. ♪

feedback checking the. bored right now. the dow traded up. nike, travelers, united health, lisa, look at the go. price of oil currently tumbling. that is good for people who drive when you go to the pump. i do not think you have seen gas that cheap since hurricane katrina. so, where can you find the lowest gas price in the country? a food market in oklahoma city.

$2.18. patrick, you crunch the numbers for us. paul casco below $2 anytime soon? >> this is about the cheapest we have seen and a lot of years. it has been a long time. it could get even better. all of this now ties to opec. it is not over yet. >> good news in the short term. long-term, it could have a negative impact. will we see that soon? >> that depends how far whale falls.

you are starting to see more oil companies focus on that number. prices would have to fall considerably more. i do not believe that it is a concern just yet. it may push a higher percentage of that oil production off-line. >> i know different parts of the country get hit hard. >> i was delighted to keep my corner station. most areas are seeing the big

drop. the temperature is 85 degrees. still about $3.88. the price of oil will go back up. do you agree with that? >> well, i would formally agree with that. i think that there are bigger ramifications here. it is a tough call. i think we will see a rebound, though. the question remains, is black

friday really worth all of the hype this kind of fear. denise, is black friday really a big deal anymore? >> it is certainly getting less important. it is overall percentage of sales. if that is the case, why are retailers optimistic about the shopping season? >> i think they want to put a positive outlook about this. working people's psychology a little bit. consumers will be excited. making sure they get those deals

and get there early. >> is there any concern among shoppers? is that one of the reasons why people go in the store instead of buying online? >> i have read up more and more people buying online and time online early. i have also read a bath of headlines in terms of ups and even the post office. if consumers are paying attention, the confidence is being reassured.

>> 616 billion. the people who predict the end, are they totally wrong? will they always play a role? >> brick and mortar are not going away at all. make sure they have the promotions in the traffic drivers to drive people into their stores. if brick-and-mortar can do that, i know they are working. it just cannot be replaced.

>> do you think that the deals are that good this year? are you impressed by anything? >> i do not know the deals on that. more stores are getting into these deals where you can buy online, pickup in store or buy online, free shipping. i think it is really smart for them. how low can you go with some of these prices? >> the lines have been small. >> denise, i have to let you go. >> definitely spread out over the weekend. that is why you are seeing shorter lines. >> we are hoping that there is a good retail season.

there is something else that people are talking about. obamacare. we will tell you about the $3000 incentives next. ♪ they challenge us. they take us to worlds full of heroes and titans. for respawn, building the best teractive entertainment

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opec says it would not make a major damage and supply. hoover suspending operations in nevada. the decision to suspend service came after a preliminary court injunction preventing the company from operating statewide operations. black friday is in full swing. shoppers rushing into major retail locations across the country and search of the best deals. sales are expected to increase over the last year. reaching more. ♪ the mercedes-benz winter event is back, with the perfect vehicle that's just right for you, no matter which list you're on.

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>> a quick stock check for you. amazon is up. you can bet a lot of people will use amazon for holiday shopping. lauren simonetti is here. she has already been out and about. >> online. i have not physically been out. let your fingers do the walking. [laughter] >> you can find a deal at any store. the stores with the biggest discount seem to be the ones

struggling the most. jcpenney. this is a stock that is down 12% this year. that stock down 26% this year. if you are shopping for particular items, check out those retailers. >> some people think that they could pull out of this. what do they offer that you can't get out acs or sears? >> right. the competitor opens two hours later. the competition is really scars. >> it is all about getting that.

if you live in new jersey and the warehouses in new york, you will get that item fast. >> thank you very much. because of president obama's executive action on immigration, businesses now have a $3000 incentive to hire those newly legal documented citizens. we will talk about that now. also what is going on with obamacare. >> is it a valid criticism? they would take the $3000 that they would have had to pay.

>> it is in the fair criticism. i have a piece of that immigration reform. it appears to be a loophole. >> you are on the frontline. your service dates it easier for people to sign up. >> yes. break away from a traditional employer and by your own health coverage. no one quite knows what to do and how to do it. we built a recommendation engine. you can go on your phone without putting it on your face. >> to do work with anybody? there were so many problems trying to do it through their

systems. >> friday. we started on our own. i think we have to work closer. the government owns that subsidy piece. it is not just about premiums. it is a major financial investment. >> the average person who is using your site, what do they look like? >> we are typically gearing younger. we want 40% of that market to participate. 28% participated. it is younger americans that want to use their mobile devices. >> are you allowed to share with us how many on any given week or

month use the service? >> we have not shared that data publicly. we have another 80 days to go. we have thousands of people logging on. they can make an intelligent decision. >> the data is out of date and inaccurate. >> it has not created headaches yet. we are very honest with our customers. we will be the first company to tell you that it has changed. >> there was a sound bite from senator charles schumer.

you heard about this, i am sure. could this have negative implications? >> it will be very, very hard to start over. we could not price insurance with confidence. every time you got a quote, the price could change. that cannot happen anymore. it's standardized all the benefits. to build an engine. changing the subsidies. it will affect us. i do not think we are going anywhere in terms of american needing to make healthy transactions. >> thank you very much. happy thanksgiving. no way this will end well. we will discuss why after the

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>> america has a new top dog.

the best in show. nathan be a french bulldog. this is nathan's 24th best in show. he is now the favorite to win the big title at the west minister talk show in february. >> he was very hands some. most dogs when they go for a walk off and want to stop and smell. he did answer the question correctly. he wants world peace. [laughter] >> replacing some of its waders with flying drones.

lauren, talking about delivering food. >> i do not want that thing flying over me while i am eating. sometimes i want to ask a specific question to a human being. i just find it annoying. people need those jobs. the ceo of this company said these drones, these robotic flying waders take away the monday and tasks of serving food. i disagree. >> people who fly drones have shared with us -- someone will get caught. >> they are dangerous.

>> is one of the drones fall? >> maybe. >> if one of these things goes down, it is over. >> there was a thing years ago called the automat. all right. new at noon. harry reads bill for and with a veto. passing obamacare was a mistake. another hour of farney is two minutes away. >> democrats who the opportunity that the american people gave them. we put all of our focus on the wrong problem, healthcare reform. ♪ and the aerospace industry in the u.s.?

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stuart varney and here is how we pick off the second hour of "varney and company," the growing rift between the democrats, senator shimmer admitting passing obama care was the wrong thing to do saying democrats failed to focus on the economic recovery in president obama's first term. there is senator harry reid's tax reform bill. the white house threatened to veto. the results, the bill was dead. and the executive order and immigration was the reason why. another hour of varney starts right there. ♪ adam: a huge admission. senator chuck schumer admitting earlier this week the passage of obamacare was a mistake and congress should have been pressing different issues during the president's first years in office. >> democrats blew the opportunity the american people gave them. we took their mandate and put

all of our focus on a wrong problem. health-care reform. americans were crying out for the end of the recession, better wages and more jobs, not changes in health care. adam: ambassador john bolton joins us now. is this another example of the problem, the rift between democrats, and what does senator schumer again by taking legislation he voted in favor of passing? >> it is a very significant remark and it is a harbinger of splits that exist within the democratic party that the media hasn't focused on but we will see more of. he is basically right as a tactical matter politically. obamacare proved very unpopular and gave many people the feeling that the president and the party were doing an ideological obsession rather than focusing on what was key to most people. which was to get out of the

recession. i don't agree with the senator that often bought on politics his assessment here was exactly right. neil: 3 he is referred to in new york as senator sunday because he is all available sunday after a coverage on tv channels but what does senator sunday gain by doing this? he has to have a political motive. >> that would not be unusual. i think it is a reflection that the democratic party as a whole or elements of it realize president obama only has 32 years left in office and given his low approval rating, the unpopularity of things he appears to be poised to do or has just done like the immigration executive order many people in the party now want to look to the future and whether they want to stay on the left side of american politics or, as some would like to see, move back towards the center and this could be senator schumer could be here a surrogate for hillary clinton. this is the opening wedge of

trying to separate herself from the obama administration because she is perceived as running for obama's third term she is in real trouble. adam: could there be something more insidious going on? could the senator be preparing for the testimony we will get from jonathan gruber who called the american voter stupid and was instrumental in the creation of the affordable health care act. could the senator be playing the game in which he is shifting the discussion so you have democrats, maybe even hillary clinton able to attack obamacare? >> it will be hard for hillary clinton to do that. others will have any easier task but it would take a magician to distinguish between obamacare as it was enacted by congress and so called hillarycare from 1993-1994. some of the specifics may be different but the intent, the motive, the bigger picture is entirely the same.

i don't think she benefits on that score. i will go out on a limb on one thing. i don't think the gruber testimony will be that dramatic. i think he will apologize profusely. he needs to. in won't have any other consulting contracts, he is probably a smart enough men to realize he made a terrible mistake. won't compound it. the hearing could be an anticlimax. adam: you want to bet? >> i'd bet you right now. adam: when he opens his mouth gets worse. you are probably right. we are going to come back in a minute. i want to check the big board, markets are closing in just under an hour. that is the dow up 50 points, the s&p 500 has been facilitating, vacillating between positive and negative, it is below 2,072 which would have been a nice clothes. opec says they will keep the price of oil low. prices to get four year low

because they won't increase production or cut production, prices for a barrel of oil below $70 a barrel and that means the price of gas keeps falling. national gay average for a gallon of regular $2.75, falling at a rate of a penny a day. here's the math we love to show you. we, the $2 club. 40 states paying an average less than $3 a gallon. falling oil prices might be putting more money in your pocket but it is bad news for energy stocks. exxon mobil, chevron and halliburton taking a beating on that news that opec will not cut production. ambassador john bolton is with us. what do you expect the lower price of oil will have on places like russia. it can't be good for vladimir putin or russia. >> for vladimir putin and russia in particular these prices will have a significant impact. a lot of vladimir putin's domestic popularity in russia which emboldened him internationally is based on his turning the oil revenues russia

gets from its exports into bread and circuses for its citizens. and i have to say contrasting with the monarchies of the arabian peninsula which budget much better against fluctuations in oil prices russia by all accounts pretty much spends it as it comes in on modernizing its military and these economic benefits for its citizens so this decline in oil prices we have seen over the last several weeks will put a crimp in to vladimir putin's budget and affect how he behaves internationally. adam: what about iran and isis? the enemy of my enemy is my friend. iran and isis are not friends. they are enemies. the low price of oil and the cuts here and. would we not want them to at least have all little bit of ability to counteract isis? >> i don't think so. isis also depends on its export of oil from the territories it has conquered although its revenue isn't that much to speak

of when you look at iran. i do think iran is more similar to russia in the sense that it spends what it gets in. it has got a reserved but it has been dependent on these oil revenues being at high prices as the sanctions have squeezed them over the past couple years so i have to believe in part that the arab side of opec, saudis in particular look at this decision to hold output constant and not pull it back to drive prices up. at least in part may be in substantial part as aimed at iran to reduce their revenue, redos their flexibility. adam: does it bring some stability in the middle east tour will we still see it volatile regardless of the price of oil? >> you will continue to be volatile because there are different interests among the oil producing countries but the saudis probably are among the most significant budgeters when it comes to oil revenues. the other monarchies there do as

well and i thing they see all those they are losing revenue themselves, the bigger hit has been felt by iran. adam: thank you very much. you brought bread and circuses, we can't talk about what the ancient romans did when they debase the currency and cut the amount of silver but another time we can have that discussion. we have done that in the united states. all the best to you. earlier this week, a new menu labeling policy in an effort to fight obesity. chain restaurants around the country have to list a calorie count for all of the items on their menu. joining us is unaffected by these new regulations andy, thank you for being here on a holiday for most people. is this an overreach by the government? people like information but it seems to me restaurants listing the calorie count on everything, a place like pizza hut could have hundreds of thousands of different combinations. how do you do it?

>> it is really a perfect example of many state overregulation. this is an absurd rule. it will make the menu boards and quick service restaurants basically unreadable or make the drive for a menu boards unreadable if it proceeds in its current form. it is expensive. there was an article in the washington post a couple years ago that said the evidence continues to mounts that disclosing calorie count doesn't affect the calories that people consume. people that don't need it use it. the people that do need it are often finding more products because they are surprised how low the calories are after the bad publicity for fast food. it is a horrific results based on that many state approach, people telling us what we should be, how much we should be. we have healthy product to our restaurants. we are happy to sell them. we have chicken breast, you can put a turkey burger on any of

our burgers, with lettuce leaves, low carb style, we have a lot of healthy alternatives. people don't buy them. if you don't know going in a hamburger restaurant that hamburgers and french eyes are high in calories you are living under a rock. this is not something that needs to be on the menu. adam: this focus on calories. i am guilty. i enjoy going to the grocery store and reading the labels but i am a geek. this focus on how this comes out of the logic we use to approach the week issues in our country about calorie control and what we are learning is it is.com the nation of so many things, processed foods and sugars and not just calories in calories out. is there a better way to do this? have the restaurant have a book somewhere if someone wanted to know quote i have the book as opposed to putting it on every menu? >> i am glad you asked that question. we have posters on the walls. there is nothing to read this.

calories, total fat, saturated fat, natural trans fat, artificial trans fat, cholesterol, sodium, dietary fiber, sugars and proteins. that is already posted. we also have pamphlets available in the restaurants to tell you that and if you go in our web site, you can construct a meal. it will tell you all the nutritional information right there on the web site. even i can doing so my kids could do easily. there are better ways to do this. the appropriations committee that funds the fda recommended the fda allow posters on the walls. i testified in front of congress on this and congresswomen deg t degette was receptive. what we're doing already we should get an exemption from the nutritional labeling, there are better ways to do this. everybody knows it. this was put together much too quickly without input from the business community and it is a

disaster. adam: an article in the washington times says this creates an incentive for businesses to hire undocumented people, illegal aliens over citizens because it is a $3,000 number because there is an exemption from the health care requirement. do you think your competitors or businesses, smaller restaurant franchises might take advantage of that? should this be fixed and looked at? >> i just read the article this morning so i can't give too in-depth analysis. of the 5 million people that the president's executive order applies to if we just hired 200,000 of them, american businesses would save $600 million. of american businesses hired 2 million of those people at $3,000 a person, that is $6 billion so the odds of american business is not taking advantage of the opportunity for hiring people legally because these people have been made legal and save $3,000 the idea

that american businesses wouldn't do that is answered, this is another example of the intended and unintended consequences of obamacare that continued to ripple through the economy and our society and negative impacting will we do. obamacare is the in sole of the health-insurance industry. adam: have you been talking to senator schumer lately? i got to let you go. appreciate your being here. all the best to you and happy holiday, happy thanksgiving. here's the lineup for the rest of the hour. leva four year low which means you'll save a lot of money at the gas pump but how much? we will discuss. it is black friday. it is the best day to shop and guess the best deals. one retailer says it is black friday everyday and charlie gasparino brings us more on senator sunday, senator schumer and the democratic defection. you can bet he is fired up about this. more varney after this break.

>> stocks hitting all-time

highs, travelers, visa benefiting from the modest rally and the markets will close early today at 1:00 p.m. less than an hour to get your trades in before the weekend. knowledge different type of black friday experience involving at d.j. throughout the night and fashion shows all we can. jeff flock joins me from the chicago fashion outlet in illinois. did you have a good time? jeff: people are standing in line everywhere. that is the line for the coach men's store at the end of the line to the leftovers there. amazing to me people stand in line to spend money. they are doing it all over the country. the coach ladies line. if you wonder how rietveld is doing today, take a look only at the retail shopping mall reits, real-estate investment trusts across-the-board, some well over a percentage point. the company that owns this one recently bought this small out.

this is a special one. is a is a high retail outlet mall for the likes of michael cores, this is where the lines are, people wanting to spend on the high end. realistic investment trust with 95 malls, in 19 states. they just bought out their partners's interest for $70 million which tallies the stock doing? pretty good. apparently retail pretty positive. based anecdotally on what i see, in the next hour we will show the d.j. we had dj spinning whenever they spend, sort of like a dance club when i got here this morning at 4:00 in the morning. refreeze environment. adam: i miss marshall field. >> i'm with you and that. adam: thank you very much. in time for the holiday season

and next guest created an apps to help you find your next favorite beer or wine based on reviews tailored to your taste. trey smith, t e o of next slide joins us for demonstration how this apps works because i like adult beverages. >> who doesn't at this time of the holidays? what we have done is recognized the problem. we have all been at restaurant or grocery store, you walk in and there are thousands of options and some groceries stores or liquor stores the vast majority of which most of us never had. adam: which one what i like? they don't know. a la to you and you buy and even if they tell you the truth -- >> there how doesn't make yours. everyone has their own taste buds. you, test 30,000 bottles of beer and wine, in put and tell us what you like, we enable users to scan a label, recognize that label, and produce a personal score based on your personal taste preferences. 100 point scale, we could tell

you 100 point scale, it is 90 you like it. 50, not so much. neil: 3 how long have you had this? >> we launched last thursday. apple name does this new feature act, at the end they fear is a wheat launch for taught food and beverage. over 150,000 people were down loaded, just last thursday. adam: you can get it at the apple store and android. >> this is a great time to see what friends and family will like. adam: this is stuart varney's program so i am possessed by the spirit of stuart varney. would you sell the company? >> when we sell the company? we listened to all offers. adam: how much? >> -- >> i will give you $100 million. >> it would be a compelling offer. our investors would like if we

sold the business for $100 billion but we have a lot before we get there. adam: for someone like me i like red wine. i don't like to venture out. i wouldn't put the kinds of things i am drinking with the labels and go to restaurants if there's something i don't see, i would then put in the names and get this. >> you can get a tech search function or scan the label in real time. you are actually scanning it in the reality tag and it pops up and talking about the fda or calorie information. with that score, get information on calories, cars and a alcohol by volume. adam: lauren as an everyday work out, you can see the beer gut. anything you want to ask? >> what gave you this idea? >> the co-founder and ceo hatta bad bottle of wine.

like he alluded to. >> i usually go for not the most expensive but not the cheapest. >> a pretty label. sometimes the wind tastes more like the seat. adam: all the best you, sounds great. the next last week and download the apps. go for. the reason the democratic party is deepening, senator chuck schumer calling out president obama. is the honeymoon finally agree? charlie gasparino will join us next. ? charlie gasparino will join us next.

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adam: senator chuck schumer, never one to shy away from the spotlight saying democrats made a major mistake by pushing support for obamacare. we have fox business senior correspondent charlie gasparino on the telephone because i know you have a lot to say about senator shimmer. he has to be getting some backlash over is this. >> he is wall street's senator, the guy who has for many years supported the business community in new york, he is a new york senator, longtime new york senator and he has wall street's you. the interesting thing about this is it took this long to see what he said.

i could tell you that wall street democrats whether you like the more not or trust them or not were complaining about obamacare almost from the beginning. they didn't like it. they thought was a diversion, all the stuff he is saying now. and i listened to charles krauthammer recently about this. you can't really believe him at his score. this is not a guy who has much in relief in democratic party principles. pcs the writing on the wall. this is a bad law. doesn't make sense, you just annoyed working-class voters, you might have lost 8 huge chunk of the democratic coalition over the years which is working class white people. that may be gone forever from the democratic party. that was a big loyal voting bloc. a lot of it is over this. you have the new democrats, bill

clinton -- more centrist, that is allegedly where hillary clinton made some comments about espousing left-wing policies but one thing i will say, it is hard enough few minutes to make sense out of it, there's a rift going on in the democratic party. that is the bottom line, we talk about it every day, the tail wagging the dog, the radicals, ted cruz types, running the republican party into the ground, just the opposite happened in this election. the far left is destroying the democratic party and it is all at war. adam: charlie gasparino has the best sources on wall street. all the best to you. nerves rejoice and we are. disney released the trail for the new star wars movie and i looked at a little bit of it and doesn't look half bad at all.

take a look. >> the dark side. and the light. ♪ adam: i got chills when you hit the music. i grew up with this. you on the other hand. >> this trailer, 88 seconds long, it just came out to. disney stock sky high. we know so little about this seventh installment, the first since disney bought lucas film, we don't know much about it. this trailer get snared excited. adam: they will do the whole thing. >> they haven't finished filming it but they're finished making the movie. you can go to cynthia ears, that

is kind of silly. adam: off with your head. up next the big online shopping week is here. we will tell you if you're doing enough to keep your password save from the spine guise of packers.

>> check the. board right now. just under 30 minutes to go. we are drilling it right here at home. falling to a four year low. the national average of a gallon of regular gasoline $2.79. not bad. let's take a look at this map. forty states part of the $2 club. cheapest gas in the nation.

>> i want to see $1.99. black friday. companies offering great deals on month. black friday becoming irrelevant? >> every day is essentially black friday. black friday is still a really important shopping day. big lots has great deals every single day of the year. >> why is there this incredible buildup every year? it is really the last part of november into december.

>> again, as you hit november and december, there is a lot of holiday shopping. obviously, this is the time of year to set up your christmas tree. >> what kind of discounts would i see? >> we have great deals on toys today. we have buy one get 150% off toys. great deals on electronics. great deals on christmas the core and christmas lights. we sell mattresses, couches, loveseat. we sell them all year round.

>> a very quick last session for you. there is not the big push on this blog friday. >> we see people shop. we will see them shopping through the holiday. we offer them great deals on great products all year round. >> thank you for joining us. >> individuals and companies turn to different strategies. joining us now is mark. the information, you know, is it actually truly safe when we go online?

>> there is a significant problem. websites really have not taken enough steps to properly protect the information we are putting online on a regular basis. i do not think that the proper steps have been taken by the websites we trust every single day. >> i want to give you a real world situation. >> it makes it possible for a website to go well beyond the name and password approach. it is a simple solution for the user.

it is really easy for the website to enable. you only need a couple hours of coding. it is not something that requires a lot of effort. >> this is a two-step verification process. >> that is absolutely correct. we have made it so simple that any user can use it. more importantly, we deliver it as an online service. >> a friend of mine recently got a message. got the message that your computer has been hacked by this. electric army. what should that person do and should your service, what good

would the verification that there be? >> there were quite a few events yesterday during thanksgiving that took place with websites like dell. breaking into a single sign on service that was probably preached because the domain server was attacked and was not properly protected. my position is what that user experience was basically cyber graffiti. they have had the ability to attack. nothing more than a bit of vandalism.

>> i appreciate you being here. >> orders overwhelming the shipping companies. ♪ how can power consumption in china, impact wool exports from new zealand, textile production in spain, and the use of medical technology in the u.s.? at t. rowe price,

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and powering the world responsibly is our job. because boiling an egg... isn't as simple as just boiling an egg. life takes energy. energy lives here. >> opec keeping its outlook target on hold. opec says a cut would not make a major surprise. no longer operating in nevada. could end up costing jobs. they have yet to say when service will resume. black friday is in full swing. black friday retail sales are expected to increase.

total black friday sales are expected to reach into the hundreds of billions of dollars. a shorter trading session today. just a few minutes away. what does the rest of the year have in store for the markets. ♪

>> oil keeps getting cheaper. stocks keep going up.

joining us from sunny tribute. >> i think we will definitely trend higher. there is no competition. there is no yield out there. oil is going down. >> do think we will see this go well into next year? >> i do not see anything changing. i do not see anything changing going forward. i think that earnings will be decent. it will be a good shopping season. >> all right. john, thank you for joining us. all the best to you. happy holidays. the holiday season is right

around the corner. joining us is fedex senior vice president. patrick, this year, what are you guys doing to ensure that everyone's packages get to them before christmas or on christmas? >> it started last year. we have grown our network. we have invested billions of dollars in equipment and facilities. we are excited and feel very prepared to continue the outstanding service. >> there was a period of eight glitch. the retailers were offering shipping incentives for next day and in some cases free shipping.

whether also affected things last year. one of the reasons why we were able to perform and deliver outstanding service is because of the structure of our fleet. it gives us great flexibility. the ground network was over 99% service. >> same-day service being offered. >> we expect december 1, 8 and

15 to be record days. terms of e-commerce and retail patterns. >> does fedex deliver? does fedex offer that? >> it is not standard service. we had couturier's and drivers and our team members around the world. delivering and making sure. it is not a standard delivery had. >> thank you very much. >> thank you. >> be well. the latest text message app.

you can actually see what someone is typing to you before they actually hit send. we will bring in lauren simonetti right after. ♪ there was no question she was the one. she reminds you every day. but your erectile dysfunction-that could be a question of blood flow. cialis for daily use helps you be ready anytime the moment is right. you can be more confident in your ability to be ready.

and the same cialis is also the only daily ed tablet approved to treat symptoms of bph, like needing to go frequently or urgently. tell your doctor about all your medical conditions and medicines, and ask if your heart is healthy enough for sex. do not take cialis if you take nitrates for chest pain, as it may cause an unsafe drop in blood pressure. do not drink alcohol in excess. side effects may include headache, upset stomach, delayed backache or muscle ache. to avoid long-term injury, get medical help right away for an erection lasting more than four hours. if you have any sudden decrease or loss in hearing or vision, or any symptoms of an allergic reaction, stop taking cialis and get medical help right away. ask your doctor about cialis for daily use and a free 30-tablet trial.

>> would you download an app that allows you to see what another person is typing to you before they send it? that is exactly what my next guest created. what is the advantage of doing this? >> right. you have to wait your turn. this allows you to engage in conversation much better. you are able to interrupt comments in real-time as you would normally. >> i was a little skeptical. you get that interaction that you do not get when people send a message.

>> it is kind of between text messaging and phone conversations right now. >> is there a chance to broaden the software? the next platform will be ios. two users will be able to communicate across platform. >> right now how many downloads have you gotten with the app? >> under 50,000. the growth has been phenomenal. a lot of great feedback. >> we wish you the best.

we are just a few minutes away from "the closing bell." we will take you there after this. ♪

. the dow trading down, david asman, tracy byrnes taking you through the closing after the bell. dave: a lot of action, good to see you. let's go to rob at the stock exchange, talk about today's shortened trading session. i start with oil, i don't have a move like this in years to the downside on oil. how is it affecting the energy stocks? >> thanks for having me on today. the opec decision not to co-production, and the stocks, the worst level since 2011 right now. and they are truly bad and whether it is the bottom in

here, who knows? some of the retail is picking up and other areas could get a little bit of a bounce because of oil going down. >> oil, airline stocks on a pretty good roll lately. you are seeing that with oil heading lower. you could have a double when the effect which lower input for the airlines and not as much in the way of cost structure as well as a balance in the lower price of oil, a gallon of gas will be lower and that will help in regards. dave: the lower gas prices definitely helping retail sectors, consumers have more money in their pocket, they drive farther to get what they want, we are already getting incredible numbers from wal-mart and target on house sales are going. what will happen for the rest of

the season. >> it is all about retail. with every penny down and the price for a gallon of gas, $1 billion, we could see stocks continuing to rally for the rest of the year. dave: we will come back to you as we talk about various trends happening. it is up next day on wall street. dow jones industrials up a tick percentage zubov whys, the s&p is down, nasdaq but a little bit. it may settle the downside. the biggest affected sectors the small and medium-size stocks represented by the russell 2,000. that was a significant turn to the downside about one.5%. we have a busy day, loyal top of the agenda. "after the bell" starts right now. breaking down today's