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tv   MONEY With Melissa Francis  FOX Business  December 5, 2014 2:00pm-3:01pm EST

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turn things over to you. melissa: happy friday. stocks are giving a reason to celebrate today. a splashdown for o'brien. beauty. amazon buying. giving jessica alba a run for her money. is there anything that this man cannot do? his new plan to get you on board. even when they say it's not, it is always about money. ♪
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show us the money. the dow and the s&p both hitting new highs. let's bring in today's panel. ceo of veterans for america. he is also a fox news contributor. you guys are like two groomsmen. >> i am the groom. melissa: a two-man a cappella group. >> a little more symmetrical. what do you think about the market? >> there is good news on the economy. the stimulus that we have had has affected the financial economy or the in the real economy up to now.
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>> u.s. stocks are just over 15 times or earning. i am not sure if the economy is picking up and if they will fully participate from here. >> i would say politics and washington is definitely what pushes this market higher. >> you will get this on them to limit number going downward. let the patient heal on its own. % of the american people do not feel that that is an $80,000 dow. people are not feeling the benefits of this economy. the problem is, the unemployment rate is still dropping. real people do not feel the benefits. melissa: nominating ashton
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carter earlier today. >> i accepted the president's offered to be nominated as secretary of defense because of his regard for leadership. i accepted it because of his seriousness. also, the bright opportunities that exist for america if we can come together to grab hold. >> this process has been eb meeting ashton carter. obama's foreign-policy has been micromanaged over the last six years. he has to say what he has to stay at that podium. things that need to be done.
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melissa: you do not think that he will be a strong-willed guy? >> i think he might be. it was all precursor by the fact that we needed this in 2011. >> part of the reason hegel was pushed out was because he made controversial comments. >> the biggest challenge facing the defense market is spiraling healthcare costs within the military. it is even more acute than the one facing the board of population. we are focused on isis and rightly so. we need to get the budget in order. melissa: falling to china according to new data.
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this is because we saw a new fracturing. we have spent so much. >> this is a figure that is kind of twisted. the prices are the same here and there. >> it is a bigger economy. >> it is not quite apples to apples. just for prices. we are still bigger. china is rising quickly. whichever way you measure, they will catch up. >> i think this is a result in part of all that manufacturing we have proceeded to china. that is why we have seen this in the middle-class. >> is the economy growing?
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the answer is yes. also, blue-collar jobs. they are now losing jobs to the philippines. >> massive inefficiencies. a per capita basis. they still have huge holes and demographic performances. gdp does not say anything you are spending the money on. richard branson entering the cruise business. i have no idea why. you be you. i think that is why people go. instead, he will give passengers more experienced to life at sea.
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that is what it is all about. >> cold and wet. you better be right. why do people go on cruises? >> you have three cruise lines right now. exploring that possibility. melissa: who wants to do this? who thinks this sounds appealing. melissa: all right. very nice, gentlemen. the it department that sony had one job. thousands of passwords in a folder named passwords. yes, that will throw them off.
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can you believe this? >> i have news for you. sony pictures is the smartest part of sony. they are not doing so well. this is the crown jewel of the company. sylvester stallone along with some other celebrities. it will be a big problem. >> i will make a recommendation here. password 123. [laughter] melissa: take a deep breath and buckle up. uber now worth more than $40 billion.
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melissa: the dow brushing up against 18,000. employee years at 321,000 workers in november. creaming the estimate of 230,000. the biggest jump since january january 2012. we also have jonathan hold big with us. scott marr and of united advisors. charlie gasparino. >> they have engineered this company out of the financial crisis. melissa, you are giving them
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credit? now we have, we are in a position where we could start raising rates again. normalizing. melissa: scott martin. >> give credit where credit is due. >> i am still trying to figure out if that is the charlie gasparino that i know and love. this is because of small businesses. >> nothing to do with monetary policy. >> that has been the problem. >> i actually think that they are both right. >> finally trickling down after all this time.
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>> after all this time. >> i never thought that the problem was so said. the problem was fiscal policy. that is where you guys went wrong. janet yellen is not my cup of tea. >> janet yellen is not my cup of tea. they had to do what they had to do in the face of fiscal policy. talk about wages. >> charlie likes to pick fights. melissa: that is why we love him. the unemployment rate is down. >> the average american is not feeling it.
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>> let's move onto on to another story that charlie likes to argue about. it is bigger than the market cap. public traded market names at delta. companies with real access. scott martin, what do you think about that? >> it is straight of insanity. hoover probably could have gone public this summer, but decided not to. they are now the most valuable start up. right now, you have all of these things fighting over them. is this really the top? you are seeing these companies triple. >> one thing that is worry some, my mother in law loves hoover. every time we asked them how
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they like uber. i hate it. forcing you to take jobs below the price. >> they are making it so competitive. battling it out to get this to be pumped up. >> maybe it is overvalued. maybe the shares are too expensive. affected by the overvaluation. >> ranks, guys. health officials say it would
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take four months to cover this year's new strains. goodyear about to roll out some self inflating tires. drivers will never have to monitor and inflate their tires again. the nba wilt chamberlin is being honored with an extra large postage stamp. the first player in the league to get one. very fitting. i like that. we have liftoff. nassau's new spacecraft going where no one has gone in 40 years. wow. look at that one. and after playing donkey kong has gone wild. suing nintendo. seriously? do you ever have too much money? ♪
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here's a question for you: by avoiding rapid acceleration and stop-and-go driving, your savings on gas could be equivalent to how much? up to 50 cents a gallon? 75 cents? $1? the answer is... up to $1 a gallon. sensible driving avoids unnecessary energy loss saving you money and reducing co2 emissions.
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take the energy quiz -- round 2. energy lives here
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melissa: touchdown just a short while ago. the initial review sounds pretty good. >> four and a half hours. space history when as flawlessly as it could.
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nasa is extremely, extremely satisfied at this point. they will learn more next week. a very, very special first today. that is a space capsule returning to earth. all of it captured and broadcast on live tv. a big drone. that never happened back during the apollo days. truly amazing. it did its two laps around the earth. nassau wrapping up their post- mission briefing right now. just giddy with excitement although everyone is quite exhausted. >> we are giddy as well. thanks very much.
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we have lori rothman with us. you love this stuff. how exciting. >> it takes about 42 years. >> you are not old enough for that. >> this is awesome. we talked about the commercialization of space travel. this is a huge step beyond that. we talk about should you spend money on space travel? >> absolutely. this could be a fantastic commercial enterprise. if they can iron out these wrinkles, it could be another awesome money opportunity. >> game one of the mars era. are you ready to go?
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>> this is maybe why i am not a space enthusiast. what is the big deal here? what is so exciting? this sets us up to get to mars. >> it sets us up to get to mars. we may go where no one has gone before. just below giddy there. melissa: we have some breaking news. i'm going to let you work on him in the hallway. apologizing for a story alleging gang rape at a college university. >> now questioning a controversial story that was published two weeks ago about an alleged gang rape at the university of virginia.
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a notice to readers this afternoon, the magazine's editor, they now appear to be discrepancies. a student named jackie, a rape on campus, we have come to the conclusion that our trust in her was misplaced. jackie claimed that on september 28, 2012, she was invited to a party at the fraternity. lord into an upstairs room and was ambushed and gang raped by seven men that were rushing the fraternity. it was later revealed that the reporter never contacted for comment. the male student orchestrated the attack. the magazine said it was honoring a request by jackie not to because of the nature of her story.
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melissa: wow. peter barnes, thank you for bringing us that story. starbucks unveiling plans to dominate your lunchtime. a glass of wine alongside your hot tub. plus, christie's which gave over troubled waters. the governor cleared from any involvement in the lane closure scandal. more money coming up. ♪ many people clean their
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dentures with toothpaste or plain water. and even though their dentures look clean, in reality they're not. if a denture were to be put under a microscope, we can see all the bacteria that still exists on the denture, and that bacteria multiplies very rapidly. that's why dentists recommend cleaning with polident everyday. polident's unique micro clean formula works in just 3 minutes, killing 99.99% of odor causing bacteria. for a cleaner, fresher, brighter denture everyday.
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melissa: mitch o'connell setting some lofty goals for the upper house of congress. his first tv interview since the mid- term. promising to move the senate passed four years of partisan quicksand.
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>> we finally have the senate back to where it operated for a very long time. i am hoping that the american people will figure out that we are functioning again. i do not mind them stuck in the mud. >> let's take it from the very premises of government working. 355 bills passed the house. many were passed by what is called unanimous consent. people always agree with them. harry reid did not even allow a debate. that is just that for our democracy and government. >> were they anything that we wanted? >> this is their opportunity to prove that they did.
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if the senate wants to step up, none of that has happened over the last six years. they have a chance to do it. what you will see now, you will have these democrats who think they can win back the senate in 2016 who may actually want to play ball with the republicans. then you will have the president who clearly has made this decision. he is double counting on his leftist decision. melissa: the omaha shuffle since 2016. the billionaire ponying up the max amount of $25,000. group supporting hillary clinton. buffett -- super pack saying "i do not want to see democracy go in that direction.
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you have to take a stand someplace. >> it is only dark money and less unless you are spending it on the person you want to be the next president of the united states. hillary clinton is who he wants. time to break promises. >> i have heard him speak at events. it is off the record. one of those guys who just gives money to who he thinks -- that will not be their problem. already $1 million in debt.
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you are getting all the support that you need. i think it is warren buffett. businesses are terrified. they include a growing picture of her. >> and other possible 2016 contender getting good news. chris christie was involved in the now infamous bridge gate scheme. the american public, does it pay attention to this? >> a democratic panel. there was no wrongdoing.
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>> it does. a story like that runs on a one. i think you can recover. >> i think in the field being as open as it is -- perception is for sure. you already do not like christie. this gave you all the ammunition that you need. the average american is looking at chris christie. they will not be totally
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persuaded one way or another. >> can you get nominated within the party, though? >> it cannot be done. it is a strong record. he can speak forcefully, articulate the way barack obama captured the nation. >> you are aggressive folks are stepping back. scott walker seems to be palatable to both the establishment and the grassroots tea party. in reality, this is a total jump
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ball. >> gentlemen, thank you so much. new highs for the essence be. nine points from 18,000. let's go to nicole petallides on the new york stock exchange. >> market is pretty much even. 18,000 with the very key. we did hit a record, nonetheless. it turns out, out of the two, they like yahoo!. downgrading google. basically, it is diminishing competition. they like yahoo! the best. the buys are a neutral.
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>> black friday speech that would spur even the spartans whether he will ever do it again. goodbye new york. derek jeter could be moving on to the marlins. at the end of the day, it is all about money. ♪
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♪ i am melissa francis with your fox business brief. good news with jamie dimon. tests no longer show any evidence of the disease. jpmorgan ceo has been flooded with support. continue to make a steady climb. confidence is now at its highest level since early 2008. derek jeter is that to buy a piece of the miami marlins. he recently met up with the owner of the marlins and he even took a two were. that is the latest. giving you the power to prosper.
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melissa: reports out of minneapolis st. paul. protesters have shut down the road. workers employed by delta airlines and felt cracked there's are walking off the job. other non-airport union workers
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are expected to join in as well. money is flying around the world today. it started in the philippines. hundreds of thousands of people have been evacuated. the storm is expected to make landfall tomorrow with winds of 150 miles per hour. over to the vatican. hundreds of millions of dollars have been discovered that away and hidden accounts. the new finance department set up by pope france this. the vatican economy administer wants to point out that no wrongdoing has occurred and previous administers just have had a different way of balancing the books. next time you need a pep talk, call this guy. scott simms brought the house down on black friday.
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prepping his employees for a long day with a lot of shoppers. >> we are target. brothers, sisters, hear me now. any moment now, those doors will be preached. whoever comes through those gates, you will stand your ground with a smile on your face. they will have fire in their eyes. we shall give those bargains to them. >> he says this one was too early for his target team. >> i wanted to help fire them up and get them motivated. keep our energy flowing throughout the night. make everybody happy. that was strictly a black friday performance there. >> in other words, he will not do it again.
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gerri, i love it. >> everybody rolled in to one. listen to this guy. >> that guy is 20 steps away -- [laughter] >> that was not very nice. >> i do not understand the english accent. black friday expected to bring in $10 billion. trumping black friday 9.1 billion. i screwed up those numbers. >> a big disappointment over black friday. it may not be as bad as we thought. that is the good news. >> people of jcpenney's. i am available. melissa: absolutely. this is what you need to fire up the group. this is very important.
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>> we are almost one year to the day that target found out and a public that we had information compromise. people are forgetting target is now hitting an all-time high. the stock is zooming ahead. melissa: i love me some target. do you go to target? did you get that type from target? >> i buy these in both. melissa: let's check in with liz claman speedy's 11 the stock is up one third of a percent. that hacky a raise. we have such a great jobs number. a guy who looks at this and says that this is impressive.
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there are people looking at this number in saying this time it is actually believable. what happens when we hit january? that is the exact question. tom perez will be joining us live here. top of the hour. closer and closer to dow 18,000. that they are quite yet, melissa. what do you buy here? do you believe this number and do you move forward? we will ask to specialists. what am i tweaking now? is the market getting expensive? how do i buy stocks on the other side of the coin? >> this guy is a fixed income genius. melissa: thank you so much.
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you can relive the royal magic with your own edible piece of the ceremony. it will cost you, though. watch out jessica alba. amazon has its eyes on her. you can never have too much money. ♪ she's still the one for you. and cialis for daily use helps you be ready anytime the moment is right. cialis is also the only daily ed tablet approved to treat symptoms of bph, like needing to go frequently. 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 allergic reactions like rash, hives,
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from the queen. i've bet it is starting to taste real good about now. amazon bunting into a new market. the online retailer launching its own private label brand starting with diapers and wipes. scott martin, what do you think about this one. >> trying to get everyone into these memberships. you order online. it is very interesting.
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jonathan, what do you think? >> taking a space from trader joe's and really focusing on their private label. ironic that this is all about ethical products. it is a product that makes money. it will be what pepsi was to the early 1990s. >> interesting. starbucks going high-end. kraft coffee. give me a break. it will cost you a pretty penny. charging you 50% more. scott martin, what do you think?
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>> that elements have got in more and more expensive. the future is in the delivery service. that is where you will see margin. >> that really makes sense. >> i was a former starbucks or restock. >> love you both. thank you. have you seen this?
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why fly when you can swim. this great white owl decided to go for a swim in the lake michigan. it glided along using its wings as paddles. the owl is said to have rested a bit onshore before flying off. very relaxing. i like that. peter pan making it debut. the live performance was not enough to get is viewers hoped. get it? at the end of the day, it is all about money. ♪ minous protein in jellyfish, impact life expectancy in the u.s., real estate in hong kong, and the optics industry in germany? at t. rowe price, we understand the connections of a complex, global economy. it's just one reason over 70% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence.
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melissa: an hour just is not long enough to bring you all of our favorite stories, but there are some headlines that are much too money to miss. my producers are in the control room with a little extra bang for your buck. amanda, what's up first? >> he can fly, but he can't
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bring in the ratings. peter pan live pulling in only 9.1 million viewers, that's nearly half of what the sound of music brought in. score one for underwood. melissa: there you go. lori, did you watch? >> i couldn't get through 20 minutes, to be honest, and it's not because allison williams isn't talented. melissa: bless her heart. >> but they needed a powerhouse, a real star. melissa: anne hathaway, why didn't they just pony up the money? >> you can't go from lay lew miserables. i had no interest in watching it. melissa: francesca, what have you got? >> an actor is stating his experience was so traumatic, it led to heart surgery. the company's not commenting. melissa: tony, what do you think about this one? he's suing, he says he has permanent heart damage from being in the donkey kong
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costume. >> something is wrong with your career. [laughter] [inaudible conversations] >> i think he might have a case because if he took the job expecting there'd be an assistant to help him, which he didn't have -- melissa: that's ridiculous. amanda, what have you got? go ahead. >> all buzzfeed employees are going to be getting a free apple watch starting next year. melissa: what? that's ridiculous. i'd be like you're not paying me enough, if you have that much money to get everybody annal l watch, you're not paying -- an apple watch. >> sell it on ebay. melissa: there you go, and then you get all the cash you need. thanks to our producers in the booth, thanks to the two of you, you are fabulous. that's all we have for now. i hope you making "money" today. we have a huge show coming up on tuesday. set your dvr, i couldn't wait to share, it is a special mystery guest. we're going to tell you on monday. here's a clue. he's an nba hall of famer, and
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get on social media, tell me who you think it is. find me on facebook or on twitter. i want to hear from all of you. we're going to share your guesses on who it is on monday, so get online and do it. countdown starts now. hiz les i hope it's -- liz: i hope it's karim abdul-jabbar. christmas and honda have come early -- hanukkah have come early, folks. is it all good news? we're asking the country's top man, labor secretary tom perez here live. but first, take a look at the markets. this rally has everything to do with that solid jobs number. listen, the dow jones industrials almost broke the 18,000 mark. we came within less than nine points of it during today. we're hitting new intraday highs on both the dow and the s&p, and we've seen more than 45 stocks in the s&p 500 hitting record highs. not just 52-week highs.

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