foxbusiness.com/risk&reward. you can follow us on twitter at risk reward fbn. or follow me at dierdre bolton. "money" starts now. >> thank you so much. power outages across our nation's capitol including the white house. live report with the late-breaking details. and back to bad habits, the obama administration's new push to get low income and first time home buyers back in the market. isn't this what got us into the mess in the first place? the race for 2016, rand paul throwing his hat in the ring. he flexes his libertarian muscle in the party. and we're no angels. the new campaign from lane bryant that takes aim at those perfect bodies in the victoria's secret ads. even when they say it's not it's always about "money." (?)

melissa: we want to start with breaking news right now out of washington. a major power outage in multiple government buildings including the white house. peter barnes has the details as we know them so far. peter. >> well that's right, melissa. and this power outage affected not just the white house at least briefly but also the state department, the department of homeland security the justice department several house buildings the university of maryland campus and our own building here at 400 north capitol street in washington. the hall of straights -- as well as fox business, fox news and other media outlets. of course the question is whether or not this might be an act of cyber terrorism or cyber attack of some kind. we don't have any word on that specifically just yet. but a spokesperson for the department of homeland security says it is closely monitoring the power outage here in parts of d.c. the washington post is

quoting the district of columbia homeland officials they said it could be because of an explosion at a transmission facility at a suburban power cooperative in maryland which did knock out power there. it is connected to our local power company, pep pepco. >> thank you. check out this video coming out. lights out for oprah. she was at the dedication for the forever stamp when the lights go out. when they go out on oprah, they go out on everybody. that's it. foreclosure signs and underwater mortgages. this was the scene less than a decade ago. but the obama administration pushing to get more americans in homes again. vice president biden making the case for expanding affordable housing today. take a listen. >> every generation has

proven time and again when given a decent foundation to build their dreams on, the american people never ever ever, ever have let their country down. but they got to be brought into the deal. we got to level the playing field a little bit. give them a shot at the most basic thing beyond a job that they're looking for. melissa: so they can lose money in the housing market, just like the rest of us. i'm joined by pete ceo of concerned veterans of america. tony. and monica crowley from the washington times. tony and monica are fox news contributor. i can't believe we're headed down this road again. it was the government that inflated the housing market in the first place. it blew up in our faces. can you believe this? >> people are doomed to repeat history. they're wedded to a particular perspective. it includes more government interface. besides ainterference.

a good job lifts everybody up. there are other things at play. to go back down this trail is again to go back in the wrong direction. >> it was evil banks. not the fact that people bought houses they knew they couldn't afford. they lied on their applications. and, i mean everybody was a bad actor in that. why are we doing that again? >> with zero money down. ever since the community reinvested under jimmy carter it exasperated under clinton cuomo we've seen this become the problem. this is what you get when you get social engineering bastardizing the free market. the goal is noble. but it has to make sense and add up. it just doesn't. >> the goal is about hard work and opportunity. which is what the land of opportunity is supposed to be about. it's not about here's a government handout. the american dream is we'll clear away the

brush so the opportunity is there for a hard worker to start a business or go work hard and save your money to afford a house. >> start a business. don't buy a house. the g.o.p. gets its second official white house contender. rand paul jumps into the race. the libertarian making his mission clear as he announces his candidacy. >> i have a message! [applauding] >> i message that is loud and clear and does not mince words. we've come to take our country back. [applauding] melissa: i think it's very -- watching that speech. there were a couple of things he said. washington can't be fixed from within. and that i've been to washington. i'm like you're a senator. like you've been -- i hope you've been to -- that's where you work. >> they've all said that. barack oamaadehat int. trasfor ameca ou h to osi the beltway.

he's the senator of the misgivings. he's compelling. he has a market share within the republican primary field. he will be around for a long time. there are troubling aspects of his domestic security platforms to someone like me. i don't necessarily think he ultimately becomes the nominee. but he will demand a lot of that market share in this debate. >> i agree. he's an interesting character who will make the debates very interesting indeed. remember he's got an interesting approach that not a lot of the other republican contenders do. he has a pull from young people. because he's against the nsa. millennials are really attracted to that. also, he has tremendous outreach approach. he goes into black communities, latino communities, communities that don't traditionally vote republican, andrite t and we shouldn't as a moral matter. so he actually has some pull on folks and

constituency going forward. >> i want to ask you he's not an isolationist like his father was. he has talked about expanding the pentagon budget. what do you think of him on foreign policy? >> he's talked more recently on expanding that budget. >> you don't think that's fair? >> on one hand he has his principles. the other he has the electoret. it was between liberty and security. he's a pro liberty candidate. retreating from that world of leading from behind isn't clear it makes it better. there's an issue for rand paul on foreign policy and national security that doesn't play to his sweet spot. he'll talk about liberty and economics and then showing he can be responsible on defense. some people call into question. >> one step pass that is big brother. a lot of younger people are worried about that. passing the buck to future presidents. president obama admitting the iran deal

only delays tehran from acquiring a nuclear weapon. he described how in just over a decade iran could develop a bomb almost immediately. president obama: in the year 13, 14, 15, they have advanced centrifuges that can enrich uranium rapidly. at that point the breakout times would have shrunk almost down to zero. melissa: i have to say, in this level of granular detail is total bs. if you read what tehran put out of the farsi -- of what they talked about, it was dramatically different than what we got from the white house of what they worked out. >> if iran wants the nuclear capability, that's when they will break out. they won't wait. that was a very optimistic 13 to 15 years down the road. it's a pile of nonsense. this deal enshrines

their right to uranium. if they're going to the un security council they'll have to nullify the six existing regulations somehow. that outlaws iran from doing what this deal is going to allow them to do. melissa: yeah. all right united swings and lands in the rough. the official airline of the pga tour losing russell henley just day before the masters. not to worry the airline promises they'll be back in his hands well before thursday tournament. i saw him tweet that he already had him. it was all set. i love that he took to twitter to straighten that out. i always do that. go right to twitter. >> absolute worst nightmare. i'm going to the masters without my golf clubs. you actually have a great point, melissa. remember when he got bad customer service in the past, you have to write to the bureau and hope someone responds to you. then you go to social

media and get instant action. >> he flew united. and they lost the clubs. they're the sponsor for the masters. >> they're the official sponsor. he's the 33rd ranked golfer in the world. he's landing. doesn't have his clubs on the airline sponsoring -- it doesn't get any better. he'll be fine for the tournament no doubt. the federal government rubbing -- in your dietary wounds. why they pulled a reversal on my favorite condiment. vowing to take legal action against "rolling stone." our attorneys debate whether they have a shot to win. smart money coming up. ♪

>> new details on the power outage in washington which hit

several government buildings including the whitewhite house, homeland security and the state department. peter barnes is standing by in washington where power company pepco has issued a statement. >> that's right. pepco said in a statement. we experienced a dip in voltage in the washington, dc, area. this was caused with an issue with a transmission line. there was never a loss of a permanent supply of electricity to customers. no current supply problems. we have crews on-site investigating the cause. and once again, this hit multiple government buildings, government agencies here in washington, as well as our own offices here. in most cases, it appears temporarily. also the washington post is quoting officials from the department the district of columbia homeland security department, and they are saying that they believe that a fire at an electric co-op in

southern maryland may have caused the power -- a power surge that temporarily knocked out power here in d.c. to these various locations. melissa. melissa: peter barnes, thank you so much. we'll bring you more details as we have them of course. >> never contacted by jackie or by any of the other staff at "rolling stone" prior to the publication of the article. >> so the first news you had of your participation in this, your friendship with jackie in this tale was when you read it in "rolling stone"? >> yeah. that was the first i knew it was going to be a story. >> unbelievable. melissa: wow. apparently the "rolling stone" gathers no facts. university of virginia student ryan explaining that "rolling stone" never ever contacted him for the now retracted story, rape on campus. the magazine now faces legal action from phi kappa psi fraternity which was implicated in

the article. two attorneys. john, you think the fraternity has a decent case here. >> i don't. this is a juicy case melissa. let's put the cart before the horse for a second. if they have standing. if the fraternity can get past the -- it's defamation. they've been accused of committing a crime. they don't need to prove damages. hurray they win. the problem is, will they qualify of having standing to sue because they're a group. i think they can overcome that hurdle. >> i'm not a lawyer. but it has something to do with if the label can be applied to everyone you know within the group or would readily be applied to everyone in the group, isn't that an exception? >> it can be an exception. the problem is, as janice says, this is a procedural issue. the judge could say that there needs to be more

factual discovery and deny a motion to dismiss which is what i think "rolling stone" would move for if this actually happens. but then you have -- it's really a factual question. and even though we think juries are the ones that deal with all factual questions, in fact, a judge could decide that this is just too large a group. it's a national group. it's tens of thousands of people, potentially. it's all going to be a matter of how local is this local group. and if the judge gets to that point and says, it's too big, out it goes. >> charles who is a specialist in libel cases, said it would be a mistake to go through this suit. it might bring all their skeletons out of the closet. >> i agree with that. disagree with that. there is a group who we can discern the members who were defamed.

blatantly defamed by "rolling stone" when they reported this group committed group rape and it turned out to be patently false. we don't need to go into, who is drinking on saturday night. who did something the week before. we don't need to go into that. this is, did they falsely report these claims. the answer i think we know is yes. melissa: a lot of people are speculating why no one was fired. the reporter wasn't fired. the toward the wasn't fired. isn't it because the magazine would be admitting wrongdoing. >> the magazine already admitted in my view gross negligence. i think that they might be pressured to fire people if this lawsuit goes forward. but i think it's a cultural failure on the magazine's part to fire anybody. you can be more awfully culpable than they were. it's like an oil company not following any safety procedures and spilling

oil into the ocean. we're really sorry. even though we didn't follow our rules no one is getting fired. i was a journalist for 19 years. >> a lot of people think it's an outrage. thanks to both of you. no more fad diets. from adkins to nutrisystem. the best and worst weight loss programs. the results, i think will surprise you. taking on victoria's secret, why these models are proud to be different and they're going up against one of the world's biggest lingerie department. do you ever have too much money or too many sexy ladies? ♪

>> salt, is it good for you or bad for you?

even the federal government can't decide. are we surprised? after years of telling us that too much salt is deadly higher amounts of sodium may actually be healthy for you. kelly powers from stanford medicine. this drives me bananas. this will kill you. then all of a sudden they say, just kidding. the latest one on that is salt. so they're saying, before the guidelines from the fda, the dietary guidelines we're to stick with 2300 milligrams. now new research from the new england diary of medicine, 3,000 to 6,000 milligrams. below 3,000 is unhealthy which is where the government guidelines are. 2300. what am i supposed to believe? >> it's confusing. the jury is still out on this. first, there's denying salt intake. we know salt intake is

important for human life. then too much salt is bad for us. what are we supposed to believe? according to the new england journal of medicine, it says, decreasing sodium intake increases renin which destroys blood vessels. so it's conflicting. too much salt, bad for people with stroke heart disease, and diabetes. now this study says too little salt may cause peripheral vascular disease. it's quite conflicting. >> the number the government says you should for 2300 is in the danger zone according to the new england journal of medicine. they're saying go ahead have 6000 milligrams. which is more than double what the government is saying. (?) >> right. honestly 6,000 seems a little in excess. having read the studies especially the med analyses. we look at multiple studies. the institute of medicine is looking at 39 studies.

they examined all these studies and found there is insufficient proof in this guideline measure. 6,000 seems a little high. right? melissa: okay. so the jury is out on that one. let me ask you about weight loss programs. they did a study of weight loss programs and found that jenny craig and weight watchers were on the top. there we go. jenny craig and weight watchers are the best programs to lose weight in this multibillion-dollar industry. they will portion out your meals for you. let me ask you about this one. weight watchers takes up 45% of the market. which i thought was really amazing. because there are so many different nutrisystem. it's a $2.5 billion industry. why does weight watchers come out on top. >> why is weight watchers and jenny craig so important? they have a consulting system. you go in and you have someone that is your cheerleader. they also have --

they're more of a realistic portion control. kind of influencing or kind of moderation in a sense. not just no carbs or low carbs. this kind of thing. you're doing the right thing. portion control. not as much. it's a lifestyle change. melissa: it's interesting. they actually help you pick real food as opposed to jenny craig which gives you the food. so if you just follow and try not to cheat, you're really successful. in those ways they're very different. it's amazing that weight watchers ends up working out. it gives you a lot of autonomy. >> they both stress dietary fiber. not just bagels left and right. >> i love bagels. dr. kelly powers. thank you so much. we have breaking news right now. the first comments from the white house over that widespread power outage in washington dc. press secretary josh earnest confirming that it did impact the white house. and the complex did have

to go to backup power. as to whether president obama was impacted. here's what he had to say. >> i'm not under the impression that the president was affected by this. i happened to be in a meeting with him. when i walked out of the meeting, i was informed there was a power outage. at least during the period of which it seemed to be most notable, i was with the president and he did not notice. >> all right. america draws down. and isis moves in. isis targets afghanistan for fresh recruits. it couldn't come at a worst time. wild swings in oil. but leaving it to the people who guess its best move may be a wiser choice than you would think. piles of money coming up. ♪

for as the world keeps on searching for healthier... we're here to make healthier happen. optum. healthier is here.

melissa: isis sweeps across the

middle east. new reports of isis soldiers recruiting and talent than neighborhoods. they are approaching that young and solutions. chris, let me start with you. does this surprise you? >> it does not surprise me in the least. they broker to different types. they are active. about half are foreign fighters. a fighter that stays there locally and joins. isis has established these franchises very similar to what al qaeda did in the past. now, they are establishing in afghanistan does not size me in

the least. >> the president just announced that he will return a bindle under 10,000 troops. you know, it will be great difficult. you are absolutely right. all of these groups are competing with each other. they are all competing for fighters and resources and territory. they remained exactly alike the a new persian empire. though worldwide global the nation of islam. that is what they are fighting for here and they will not stop until they get it.

i think in a lot of people's mind it is almost the same name. >> it is very significant to me. they are all falling under the reign of iran. it does not matter where you go in world. on the other hand, the sunni groups they are fighting between al qaeda and isis. right now isis is defeating al qaeda in the messaging wars. it really goes to show that right now the american strategy against isis is not working and it is absolutely failing. they are growing their global reach. melissa: thank you to both of

you. senator rand paul making it official today. saying he will run for president in 2016. in the business community ready to weigh in, joining us now and his first day on fox business, a big welcome. welcome to the show. welcome to the network. great to have you. >> thank you. paul singled out the $2 trillion in corporate profits overseas. he vouch for bringing that money back home at a drastically reduced rate. paul also mentioned the simplified tax in his speech. the senator kentucky has also called for in and to the import / export. pushing for more oversight and

increase on at the federal reserve. it is a mixed bag for the business community. >> i think the business committee would like brand paul's views when it comes to regulation did i think in terms of many government programs. when they look at rand paul that they see someone that does not want to give them any special favors. they also see someone that has deep antipathy towards the federal reserve. >> he is currently running six with 9%. he and editor ted cruz are the to to have officially declared. >> thank you for that him up late. floyd mayweather getting ready to fight by spending huge amounts of cash you will not

believe what he he'd just bought for himself for the fight. at the end of the day, it is all about money my friend. ♪ good. very good. you see something moving off the shelves and your first thought is to investigate the company. you are type e*. yes, investment opportunities can be anywhere... or not. but you know the difference. e*trade's bar code scanner. shorten the distance between intuition and action. e*trade opportunity is everywhere.

nicole: stocks doing pretty good today.

some of the leads include intel johnson & johnson chevron boeing and visa. you can see we are expect doing more on the newfound. also keeping a keen high on jpmorgan. higher by $0.69. and social media. let's take a look at these. the rest of the names are higher. twitter, facebook, linked in. the 10 year bond, 1.86%. much more coming. ♪

the 12th crude oil is up more than three and a half percent. volatility in oil prices is at a four-year high. believe it or not it may come down to the wisdom of the crowd. patrick, you challenge your users. it got really close. they would have been almost right on it except for the president is the deal with iran.

>> exactly. i am sure it is a great heel for the country. a great deal for oil. four dollars of the price. and a lot of experts around the country had not done as well. 7% of our audience guessing. if you do check us out. calm and join us. melissa: it is not just about guessing price of oil. you call yourselves the financial ace both. you bring a crowd of people together to talk about stocks. where is the wisdom in that? >> we are professional research as well. we are just getting the numbers up. no millennial will buy anything.

you can hear what the experts say about it. you also understand what your friends say the what you're intelligent friends say. you get a chance to be able to see what their stocks are up to. no one really wants to be able to have that social conversation being able to check here really kind of -- melissa: we are out of time, but it makes a lot of sense. they feel that they have a vested interest also where. they are supposed to have a chinese wall. some people believe that they do not. thank you so much for klingon. interesting product. be sure to check out strange inheritance tonight. uniqueness.

a woman that received valuable portraits of the survivor of the battle of big horn. 9:30 p.m. eastern we explore all the stuff that you did not get to see in the original episode of strange inheritance. one retailer is aiming to show consumers that lingerie can be sexy beyond a size four. on lane bryant is launching a new underwear camp came. i am no angel. the campaign comes five months after victoria's secret launched their perfect body. we have a motto for campaign with us. you are gorgeous, by the way.

what has the reaction been like so far? has it been all positive? >> it has been for dominantly positive better than we expected. if you follow the twitter and instagram feeds it has been moly positive. cheryl: how do you feel about this? there are fans for every size. >> i think we are embracing different bodies and different sizes. it is not against anyone. it is just confidence for yourself. it is okay to be curvy. >> i have seen you on twitter tweeting. >> i am getting so much love. it feels so good.

[laughter] >> i think that people are ready for this. >> it appeals to a lot of men who think those women are really hot pizza they are not the ones that wear bras and underwear. it is the women that go out there and buy them. most women in america ought the size of the victoria's secret model. >> ad is why we think it is good business. you know that the majority of men are ace size 14 or bigger. it just makes sense. victoria's secret has built a very good business. there is no argument against that business. melissa: the big converse he is about retouching. i wonder as you have these stunning photos of these women that love great -- are you

retouching the photos? >> we really had to think about it. we were very careful. with any photography you have to do some retouching. to be taken care of. we did not ever intend to be there. we were very careful with the women. she is beautiful just the way she is. there is no reason. women are beautiful as they come. >> when i move -- melissa: we are asking it. there is also good lighting. that is good for everybody the thigh gap. the gap between your thighs, as it sounds like here at if you

are really skinny, there is a huge hole in their. it seemed like her photo was retouched. >> we did not do that and would not do that. what we are trying to say and not hold ocean it is just simply not attainable for most women did women should not feel the need to adjust who they are and where they stand. melissa: did you hear in name from victorious egret? >> we have not heard anything. >> thank you both. we really appreciate it. two stories on our radar right now. fedex buying tnt express for nearly $5 billion. maria bartiromo has the story. >> a perfect fit. very complementary.

lots of the efficiencies. there are a few redundant these which is a good thing with the respect to workforces. melissa: a huge restructuring at viacom. moving large parts of its businesses into new organizations. expect it to take a project nearly $8 million. companies feeling pressure from online competitors. the tsa is rd guilty of notoriously long waits at the airport. it may also be guilty of taking your cash. are you kidding? the miami baseball team and is to delay their first game of the season despite having a retractable roof. they never have too much money or too much baseball. ♪

it is. ♪ ♪ honey, we need to talk. we do? i took the trash out. i know. and thank you so much for that. i think we should get a medicare supplement insurance plan. right now? [ male announcer ] whether you're new to medicare or not, you may know it only covers about 80% of your part b medical expenses. it's up to you to pay the difference. so think about an aarp medicare supplement insurance plan, insured by unitedhealthcare insurance company. like all standardized medicare supplement insurance plans they help cover some of what medicare doesn't pay. i did a little research. with a medicare supplement plan, you'll be able to stay with your doctor. oh, you know i love that guy. mm-hmm. [ male announcer ] these types of plans let you visit any doctor or hospital that accepts medicare patients. and there are no networks. is this a one-size fits all kind of thing?

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call today to request your free decision guide and find the aarp medicare supplement plan to go the distance with you. go long. the 12th whether it is on wall street or main street, here is who is making money today. floyd a weather. spending $25,000 on a mouth guard. are you serious? an actual $100 bill. it was totally worth it. yes, i bet that it was. airport cab cap nearly $7000 in quarters earned in pennies / year. that is from passengers that

left the change behind. all major averages in the green. the dow up over 80 points. let's check in with liz claman. >> how about that. should you be asking the question where should i be putting my money now. europe is two years behind where the united states was when it comes to central bank intervention. starting war than two years ago. we have dan mitchell and scott shall on. period have you heard of sitcom prairie? how about that? really interesting.

all kinds of startups and we have the ceo of one of them right from the heart of des moines iowa. we will be talking to him about all of that and much more. yesterday we had mattress in a box. today, it is men's stylist in a box. thank you so much. a buffalo on the loose. have you seen this? police chasing a buffalo actually named big boys. somehow, cops were able to corral. good luck. i do not know how they did it. we will never know. just kidding. the start of a new season and

everyone is a winner. we will tell you which teams are charging the most for a day at the ballpark. at the end of the day it is all about money. ♪

>> all right. we're just one day into baseball season. the red sox are already number one in ticket prices. fenway twice the league average. expect to pay $211 for a day at the ballpark. here to discuss it, jt the brick from fox sports radio. he's on the phone right now. $211 for a family of four to go to the ballpark. is that affordable? >> yeah, it's affordable. you can go to a baseball game for a ticket for 20 bucks or 30

bucks. you don't have to buy two hats and a program. you don't have to give the team all your money at the concession stand. if you want to be entertained you can buy a ticket have a water. maybe one beer instead of four. you'll get out of there for under 50 bucks. >> the kansas city royals, you haven't gone with my kids. to get out of the park with no souvenir is really tough. i hear what you're saying. it's up to me. i don't have to cave into their demands. the kansas city royals bumped up their ticket prices 20% after making the world series for the first time in forever. does that make sense to you? >> it makes a little bit of sense. they're marketed in the middle east to be one of the cheapest teams. they don't gouge their customers at the gate. after a long time, i think a pay increase makes a little bit of sense. 20% is a little bit much. ten to 15% would have been more

fair. those fans are happy. now they're relevant again. melissa: i may buy a hotdog. sneak the drinks in my purse. jt, thank you so much. we appreciate your time. that's all we have for now. liz claman starts now. >> thank you melissa. the last hour of trade. washington dc, reeling from a short but disturbing power outage an hour ago. take a look at this photo from a state department briefing that went dark right in the middle of the press gathering. it tells the story. they needed a flashlight just to i ill illuminate the room. officials are now saying that the cause of the outages (?) is an explosion at a power plant in southern maryland and that all the power has been restored. homeland security officials are still monitoring the situation. rand paul throwing his hat in the ring. targeting millennial voters. senator paul o