we're seconds away from the latest from the fed. osama bin laden secrets, 100 now declassified documents released all found in the pakistani compound where he was hiding. wage rage spreading across america from new york to l.a. to illinois. look what the colonel is cooking up. kfc's iconic spokesman getting a makeover. we start first with blake burman on the fed minutes. blake. >> that is from april's fomc meeting shows the policymakers are as uncertain about the direction of the market as the rest of us. after several disappointing economic data points in the first quarter of this year, the minutes show, quote, participants judged that recent domestic economic developments had increased uncertainty regarding the economic outlook. but it went on to say, most still viewed the risks to the outlook for economic growth and labor market as, nearly balanced. the fed seemed a bit surprised by the lack of spending from

newly realized household energy savings. quote, a number of participants suggested dampening effects of the earlier appreciation of the dollar on net exports or earlier decline in oil prices on firm's investment spending might be larger and longer lasting than previously anticipated. some members expressed concern over the lack of spending, despite savings from cheap every gas prices. and as for the question will there be enough information by june's meeting for a rate hike? quote, a few anticipated that the information that would accrue by the time of the june meeting would likely indicate sufficient improvement in the economic outlook to warrant a rate hike. many participants though however, it says, thought it unlikely that the kate data available in june would provide sufficient confirmation for conditions for raising the federal funds rate had been satisfied, end quote. that meeting, melissa is june fifteenth and 16th. back to you.

melissa: thank you very much. president plosser said rates should not be increased until early next year. 70% of the economists see fed increasing rates according to "the wall street journal." john lonski from moody's steve moore from the heritage foundation. he is also a fox news contributor. john, synthesize all of that for us. most economists think the raise could happen in september. based on what we heard from the fed minutes, do you think they're right. >> that is a guess on the part of the economists because the fed funds future market doesn't expect a rate hike until decent until the earliest. perhaps the fed funds finishes the year no higher than one-half of a percentage point. we simply don't have convincing evidence on hand strung enough to put the fed into hiking rates at september meeting. melissa: okay. steve moore we were looking at markets. the dow is down 12. that is bounce back from where we were meaning traders are betting what we heard from the

fed minutes a few seconds ago is pushing off a hike even further. do you agree with them? >> probably. look, i listened to that analysis of what the fed is going to do and the more you listen to this stuff the more it reminds you of the wiz ard of oz behind the curtains pushing these levers having no effect whatsoever. i think the thing to walk away from though is we don't have the growth in the economy right now melissa. the growth isn't there in employment and gdp output for the fed to justify raising rates. melissa: gdp is not good. wages are not growing. that is why we're seeing so much wage rage, david asman. but the markets are loving it. >> that is the point. i have hate to disagree with my colleague steve moore, because i love him to death. it is having an effect. it is having an effect on markets. right now the fed seems more interested how the markets react than the economy reacts which is against its mandate. its mandate is for the economy

and jobs. the market is ticking up because a few participants believe a june rate hike might be possible as opposed to many who believed it wouldn't. i think the market right now is taking their cue from those few statements. steve go ahead. >> david, let me clarify one thing. i agree with you. the fed is not having real impact on economy. >> i gotcha. >> fed keeps trying to jiggle these levers and we're still stuck in this 2% growth rut now for six years. melissa: all they're doing is possibly creating a bubble in equities. wage rage from sea to shining sea. los angeles city council giving preliminary approval to $15 minimum wage. on the east coast, new york wage board is considering hiking wages for fast-food workers. meanwhile thousands of mcdonald's workers swarming the company headquarters, that is what you're looking at right here. they are pining for $15 ahead of the chain's shareholder meeting going on tomorrow. john lonski, this is the

situation that we've gotten in, with the slow economy, where the jobs that have come back are part-time jobs. people used to have full-time jobs. now they are working part time. that is why we're seeing wage rage and protest, right? >> this proves this is the most pathetic economic recovery ever. the fact we have rallies in support of a minimum wage. people are naive enough to believe that the city of los angeles has the power to guaranty minimum wage workers. what comes it an 11% annual increase by, over the next five years. ridiculous. >> you have got to be careful what you wish for because mcdonald's for years now has been experimenting with fewer cashiers using these automated methods of ordering food, cutting back on number of cashiers and people at the counter. this is just going to accelerate that process. more people will be put out of work by this. melissa: steve moore hang on, these pictures that we're seeing this is the result. we're seeing economic policy coming out of washington.

you see what the fed has been doing. all it is doing, we have a weak economy. a stock market moving higher. income disparity is growing. you see these protests because more and more people are just working part time. give you the last word. >> free concerts. >> let me put it like this, when you have full-time workers some heads of households who have to work at mcdonald's for goodness sakes these jobs were never meant to raise a family on. that gives you the impression an sense how this economy really is. melissa: you can't raise a family on $15 an hour. >> here is the question, melissa, what do you do if you're a worker can only justify $10 an hour wage? that means you don't get a job? melissa: you're replaced by a computer. thanks to all of you. i want to mention with david here starting on june 1st, we're moving to a new time, new show. i'm joining david asman "after the bell" weekdays at 4:00 p.m. >> we'll have fun. melissa: i think we'll get in trouble. >> i hope so. i hope it has a little bit of a danger aspect to it.

i think it probably will. unleashed, asman unleashed, melissa francis unleashed. scary business. melissa: we'll give you everything you need to know about the day and money. >> nation's largest auto recall ever, 34 million cars with potentially deadly airbags? fox business's cheryl casone has what you need to know. cheryl? >> melissa there is so many questions here about what is going on with this takata airbag recall. ford is one of the names we should say that is affected. ford believe it or not back in 1980, the last time we had this massive of a recall. it did not hit 34 million vehicles. what is going on, why the recall? the takata airbags too much force is being deployed when they come out whether on the driver or passenger side. a metal canister is triggered and basically shrapnel is coming at passengers. six deaths, at least 100 injuries. that is why the recall needs to happen. who are the names involved? many americans want to know if

your vehicle is affected. honda is the name really affected. honda has the most takata airbags. chrysler, general motors, ford mitsubishi, subaru, toyota nissan. all these names affected. what do you do to get information? the government set up a website. called safercar.gov. that will actually get you information. melissa i want to show you something really interesting though. what are we talking about? what is this, when you have an airbag deployed? this came from the steering wheel of a honda. this is an airbag that was deployed. german writing on the back, japanese. we can't verify whether or not it is takata. this was burned out by a fire. this is what normally happens when one of these airbags deploy you get a fire on the back of the airbag. to add to of course the violent issues at that come with a crash. this, with this recall what they will be doing, to let you know could be seatbelts takata may

be responsible for seatbelt replacements as well. this is part of the dashboard. so every single vehicle, that has a takata airbag in it will be driver and passenger side airbags they'll will be replaced. these things are really have to tell you melissa really fascinating to look at. again we're at this collision damage shop all day long. they may have to work with dealerships, melissa, to actually come in to get these 34 million vehicles fixed. it will take years. melissa: it will be a huge project. cheryl thank you so much. five of the world's biggest banks will pay more than $5 billion to settle regulatory charges. barclays jpmorgan chase citigroup will plead guilty to conspire to manipulate the price of u.s. currencies in euros. additionally ubs will plead guilty to rigging benchmark interest rates. attorney general loretta lynch say these are the latest in the country's ongoing effort to

investigate and prosecute financial crimes. >> these unprecedented figures appropriately reflect the conspiracy's breathtaking flay grand sir, its systemic reach around it's significant impact. melissa: let's get another look at the markets right now after the fed minutes. major averages cutting their losses. nicole petallides is keeping an eye on some of the biggest movers. nicole. >> indeed. interesting, markets took a minute to react to it. came close to the unchanged line and pulled off again. new low for etsy. that is ebay for craft bunch. overall they have been spending a lot of money millions in order to save taxes going forward in the years ahead. meantime, stock moves to a new low. warns about a stronger dollar. this is a big loser today. pep boys, manny, moe and jack other suitors were interested, there are reports that there are suitors once again for this stock and this company. that is why you're seeing the stock surge about 16% to

eight-month highs. there is lowe's not like home depot home depot did well in the last quarter. lowe's did not. lowe's talked about sales dwindling. same-store sales missed numbers and lower than expected quarterly profits. back to you. melissa: nicole, thanks so much. victory for isis in a key iraqi city prompting cheering in the streets of mosul. the white house calls it a set back, others begin to wonder if we're taking the wrong path in iraq? one alleged prostitute's guilty plea puts google back in the spotlight. the tale of drugs, sex and the death of one high-profile executive. more "money" coming up.

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melissa: focus on another attack till the bitter end. more than 100 documents from usama bin laden compound declassified. they're shedding new light on

the mind set of al qaeda's founder and determination to strike the u.s. i'm joined by mike baker former cia covert operations officer. what was the biggest revelation for you in these documents? >> still going through material that's available. from an operational perspective, i look eight it from the timing of it all. you sweep up all the information, whether off of cell phones or computers whatever it may be, when you two in and do a raid like this. immediately you're scrubbing it looking for actionable intelligence, anything operational and anything perishable. this stuff becomes perishable quickly. you start to prioritize. it is three plus years. for me, part of the question was, really? it is interesting timing. dni doesn't turn around say all by himself i'm growing to release those document documents. this doesn't happen that way. so it's a white house decision. which tells me they are looking for good news. melissa: they're saying they want to be transparent. >> on a day they're getting lots of bad news.

melissa: cia withholding material some. interesting stuff, bin laden frequently refers to security headaches and advises against people using email. he worries about a microscopic bug being inserted into his wife's clothing. he reads a lot of popular magazines and stuff in english language. "l.a. times" "popular science" and "u.s. news & world report." why do you think they released them? >> in my opinion they have been taking so much heat recently over the all the problems they're facing in the middle east. not just in iraq we've been focusing on past couple days or so but everywhere. libya, and throughout the region. and so i think they were looking to say, let's get these out there. it's a little deflection. now does that mean it is not interesting, and not a good get? yeah we can go back to that we got bin laden this information reminds us from information point of view what a great event that was.

much like recent grab on abu sayyaf and an important isis leader. melissa: right. >> so that is a good thing. tough point to the good things that the administration does regardless where you are on the political spectrum absolutely. meanwhile images of celebrations in the streets of mosul as isis report supporters cheer the capture of ramadi. white house called it a set back. it isn't the first and won't be the last. >> are we going to light our hair on fire every time there is a setback in the campaign against isil or are we going to take very seriously our responsibility to evaluate those areas where we succeed and evaluate steps that are necessary for to us change your strategy where we sustain setbacks. melissa: talk about deflecting from the bad releasing what we had from bin laden. this is obviously the bad. how big after set back is it? is the white house underplaying it? >> josh earnest is correct in the fact in any campaign you will have ups and downs.

you have your ebb and flows. i can't think of any other analogies or metaphors but point being, yes i think there is a direct line between the release of bin laden documents and bad news coming out of ramadi. they got abu sayyaf. blasted that out there. this was terrific operation and it was but at the same time they completely ignored basically ramadi and thedown fall of that major important point in iraq. and now it is coming back to get them because i think people are look at them, saying you're being disinagainstous where this is going. strategy at this stage, of course it will take a long time as josh earnest said. the strategy is essentially stalemate. we're not getting into the fight in an aggressive manner. melissa: isis released hundreds of prisoners. a hundred jihadis. they now control a third of iraq. how bad are those two pieces information? >> it is bad when you think of ramadi and mosul and rest of the territory into syria they have a physical manifestation of caliphate this is a serious

problem. look at all the various pieces including iran's leverage in iraq. we like to think we're influencing events. we're not really influencing events. we certainly don't have control over iran and shiite militias that will have retake ramadi. we don't have control over those militias. we have no control over military and government other than when we give them guns and training. the policy still appears to be for the administration let's hope the iraqi military gets to the point where they can do it. melissa: mike, thank you so much. teeny house movement. construction of a housing block in new york with apartments stacked up like giant leg goes with 300 square feet. wait until you hear how much they're going for though. guess who is back? kfc resurrect as legend. looking a little different these days. do ever have too much fried chicken if you're an adult with type 2 diabetes and your a1c is not at goal with certain diabetes pills or daily insulin

your doctor may be talking about adding medication to help lower your a1c. ask your doctor if adding once-a-week tanzeum is right for you. once-a-week tanzeum is an injectable prescription medicine that may improve blood sugar in adults with type 2 diabetes along with diet and exercise. once-a-week tanzeum works by helping your body release its own natural insulin when it's needed. tanzeum is not recommended as the first medicine to treat diabetes or in people with severe stomach or intestinal problems. tanzeum is not insulin. it is not used to treat type 1 diabetes or diabetic ketoacidosis and has not been studied with mealtime insulin. do not take tanzeum if you or your family have a history of medullary thyroid cancer or multiple endocrine neoplasia syndrome type 2, or if you're allergic to tanzeum or any of its ingredients. stop using tanzeum and call your doctor right away if you experience symptoms of a serious allergic reaction which may include itching, rash, or difficulty breathing; if you have signs of pancreatitis, such as severe stomach pain that

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melissa: take a bite out of this america. kfc bringing the iconic spokesman back into the mix. the iconic colonel will return to the tv screens after a 21-year high battues. this time as "saturday night live" alum darrell hannah. nicole petallides is back as well. jonathan, let me ask you, i mean they're trying to make this hip. i already got a tweet from someone, one of our great viewers saying i hope this isn't getting creepy like the ham burglar. what do you think? >> it has to be relevant, melissa. forget the hamburglar, food is commodities, food restaurants are commodities this is chicken. taste the like juste

chicken. from roscoes, so chicken is commodity. they have to distinguish themselves. the colonel is essentially all they have. i think this is a good move. melissa: that looks delicious. nicole petallides, a lot of people say maybe friday chicken is not hip with a healthier movement but chik-fil-a isn't having that problem. they surged ahead of cfc? >> first of all how does jonathan hoenig get chicken? melissa: he brings it himself. he brings his own props. >> drooling waiting for friday chicken. i like the idea of bringing mascot back. the hamburglar is creepy. i like the cartoon hamburglar better. people that eat junk will eat junk regard let's. everything in moderation. kentucky friday chicken has healthier. revitalization of kfc. they're remodeling, adding items to the menu and bringing back connell sanders. why not? melissa: jonathan, if you finished chewing, let me ask you, does this make you want to

dive into yum! brands? >> yum has been extremely strong stock melissa. a lot of stocks have been. even shake shack more recently. more and more people are eating out. they're wanting a considerably higher caught restaurant. i think this move from kfc is a great one. they have this history and this lineage a lot of newer players, el pollo loco or ew 3 don't have. melissa: we're looking at chart. it looks good. jonathan, do you own the stock i want to ask you. >> i don't own the stock but i'm eating a lot of breasts. >> shake shack at new high. that is healthy side of it. yum! brands less healthy. melissa: shake shack is not healthy nicole. have you been there? delicious, don't get me wrong. >> antibiotic free, isn't that sort of healthy? melissa: it is friday. has lots of calories. it is delicious. anyway, guys, thank you so much. to solve a big problem sometimes you have to think small. crews are stacking what look

like giant legs leg goes as they put together micro apartments. each one is only 300 square feet. only in new york. fox news's laura engle gives us the very first look. i have got to see that. >> hey melissa. you know there are actually two sizes. one is 250 square feet. the other, 350 square feet. developers say, hey, you know what? that is plenty of room to lounge sleep bathe, even enjoy a view off of a small balcony. they have a small balconies. new yorkers love that. modular apartments you see here behind me are put together off sight. they get trucked here to manhattan. once they get here on site, they are lifted up by a crain and stacked up like giant leg goes like a puzzle piece. housing advocates say my micro new york, the city's first micro apartment complex will make affordable housing reality for those struggling to find a space of their own to rent in the city.

>> 250 square feet, 350 square feet on paper sound small but if you're in unit with tall ceilings, a lot of windows and a lot of light, efficiently designed space with idea of modern turn anying in mind it's a very spacious apartment. >> so these rents are expected to go for 2 to $3,000 a month. to put that in perspective rents in that area for studio are $2500 a month. making the home the size of a subway car worked out for micro dwellers in other cities. it is happening in seattle, portland boston. getting the idea off the ground was a tall order that prohibit apartments from being under 400 square feet. developers think the project will change those laws. the city reports that there are 1.8 million one to two person households in new york but only one million studio and one-bedroom apartments. obviously that is a big supply and demand problem they're hoping to fix with this one

other quick tidbit for you, melissa, eight of these units will be made for formerly homeless vets. they will be at a reduced rate. so that is a nice plus as well. melissa: wow laura, thank you so much. nightmare on the high seas. norwegian cruise ship loses control near bermuda. plus charity fraud. money for cancer research going for cars and luxury cruises instead of helping patients. find out who was scammed. "piles of money" coming right up. it's one of the most amazing things we build and it doesn't even fly. we build it in classrooms and exhibit halls, mentoring tomorrow's innovators. we build it raising roofs, preserving habitats and serving america's veterans. every day, thousands of boeing volunteers help make their communities the best they can be. building something better for all of us.

melissa: another look at the markets right now. the s&p hitting a new high following those said minutes. all three in the green right now. the fed holding off even longer on raising rates. of course, investors love that.

easy money. a google executive killed by a lethal drug injection. boris hayes was alone with an alleged prostitute the night he was found dead. all the details of the story. jonathan. >> surveillance video from a camera in the cabin of that yacht appears to have played a key role. accepting the plea deal rather than taking the chances during trial. that video has never been made public. it showed alex inject being forest hayes with harrow when and then packing up her belongings and at one point stepping over his body to finish a glass of wine. prosecutors said she was not that callous. listen here.

>> described her as calmly sitting down, sipping on a glass of wine watching him die. that was never in that video. >> over defender called the death of hayes a 51-year-old married father of five, and accidental overdose between two consenting adults. listen again. >> i think that it takes two to tango here. a certain amount of responsibility on his part. >> sentenced to six years. with time already served, likely to have a second chance of life. melissa: wow. jonathan quite a story. thank you very much. still split on their opinion of hillary clinton.

seventy-seven from 86% just last summer. i am joined now by katie. michael of the new york post. they are both fox contributors. 49% versus the negative rating of 47. what does that tell you? >> she has gone from the 70 percentile to the sixes. that seems to not be a problem. what i also found interesting in this poll was the enthusiasm factor. over democrats. it is important because hillary clinton will have a very hard time getting voters to come out for her the way they did in barack obama in 2008 and 2012.

less to do with the fact that she is a candidate and more to the fact that they regret not voting her into office in 2008. the chance is to put hillary clinton back in the white house. >> no surprise to republicans who they will be running against. >> so far it looks like scott walker and jim bush are leading the fact. melissa: are they the ones to beat her? >> that is too early. it is a state-by-state election. i would just make one point about hillary clinton's numbers. compared to a republican field which is very split and very divided. she is only one on the democratic side. naturally, democratics are faced

with liking her or liking a republican for no buddy. she is not as popular among the democrats. that does not mean that they will all turn out and vote for her. >> we have to run. leaving nearly 4000 people stranded. the norwegian dawn has sailed all the way from boston where it experienced a power loss. a bank of st. louis confirming that this website has been hacked. some users set up to fake websites. access the valuable information. criminals are stealing more credit card data. theft rising to the highest level in decades. these have been targeting cash machines. using the information to make their own counterfeit cards. a shocking investigation. distributing work packages.

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the state of new jersey may not have enough money to pay pension contributions for all of its workers. that is according to the chief budget analyst. nearly impossible to get the $1.6 billion it needs i next month. rebounding today after plummeting nearly 8%. pursuing plans to spin off its taken probably bobble. despite plans from the irs. telling investors not to worry. the air force is keeping its mission secret. use for national security. that is the latest from the fox business network. giving you the power to prosper. ♪

the real question that needs to be asked is "what is it that we can do that is impactful?" what the cloud enables

is computing to empower cancer researchers. it used to take two weeks to sequence and analyze a genome; with the microsoft cloud we can analyze 100 per day. whatever i can do to help compute a cure for cancer, that's what i'd like to do. melissa: we have a live look at the congress floor. ran all is about one hour into what he is calling a filibuster. the patriot act. >> yes. the renewal of the patriot act. provisions of the that allowed apple collection of data expire on june 1. if you just look at the calendar congress is not in

session next week did something would have to get done soon here. rand paul is on the senate floor right now. he got there at about 1:18 p.m. he continues to talk there. you remember his last filibuster over drones went to some 13 hours at that point. we have absolutely no idea how long the senator plans to talk. i can tell you melissa he has a very big binder in front of him with a whole lot of notes. senator rand paul continuing to talk and we will continue to watch as it happens resume of lee, throughout the afternoon. >> thank you so much. if flying was not bad enough, millions of flyers taking to the

sky ahead of memorial day weekend. hiring practices could be putting them at risk. new applicants even cheating. adam shapiro on covered the scathing details behind the faa hiring cactuses and a six-month investigation. >> they change the hiring practices. they are hiring people not on the old tests but the personality exam which asks questions like what sports did you play in high school. if you do not pass a test, you are totally out. we uncovered cheating. >> no credible allegations of cheating have been reported he had taken a look at what we found.

>> in 2014, and audio text message was sent to employees. >> i will send it directly to you. it is exactly how you need to answer each question. >> it suggests that cheating took place on the entrance exam. >> i saw you shaking your head. you look very upset as you heard that. >> yes. i put a lot of effort into this and i have not even gotten a chance. it sounds like someone gets an e-mail and no effort required. no of them moving and requiring to move to alaska to go to school. it seems very unfair. very unjust. utterly disgusting. >> he scored 100 on the old tests. the difficult cognitive ability

test. a 4.0 on his air traffic control studies. because of the personality test, the faa says that he is not qualified. >> amazing. i cannot wait to watch this. >> reiki are on the fox business network. "the willis report." a one-hour broadcast. there is more than just cheating. you want to watch. melissa: thank you so much. new details from the amtrak do recommend. the engineer, brandon bostian did in fact use his cell phone. it is still unknown whether the engineer was using his phone while operating the train. no sign of failure in the signaling systems. it killed eight people and injured more than 200 feared

another live look at protests outside protest outside of headquarters in illinois. joining forces in the fight for $15 an hour. it comes ahead of the company shareholder meeting which is happening tomorrow. the oil spill off the california coast. the pipeline ruptured near santa barbara. pop star rihanna faces her biggest battle yet against batman and robin. because you can never have too much money. i know she can't. ♪

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melissa: a devastating oil spill nailer santa barbara california. spilling 21,000 gallons of

crude. federal, state and local authorities are at the scene to investigate the cause. they are also coordinating cleanup efforts. in the meantime, nearby beaches and camps have been evacuated. worried about the local wildlife. sea lions swimming in the oil. be sure to watch tonight for back-to-back episodes of strange inheritance. a family that records a world famous car collection. it all begins tonight at 5:00 p.m. eastern. only on fox business. let's check in with liz claman. >> tried to dust off the record folks as we speak. it is not a win until we had the 4:00 p.m. eastern hour. you can think thank the fed for throwing rocket fuel into this one. we have john. he is the fed whisperer.

all things federal reserve. he will interpret the minutes that came out and why the markets completely turned around from being in the red to jumping up to green territory. can the dark horse beat the hog? talking about dark horse. a brand-new one. the lightest ever. how cool is that. a battle between indian and hardly davidson. you cannot count this multi- gear brand. bringing polaris, the parent of indian to 22 quarters of increasing profits. it is a great story. we have the dark course freight in studio. we will show it to you enough. melissa: thank you. looking forward to that.

conning donors out of $190 million. between 2008 and 2012. those charities include the breast-cancer society and arizona. all of them are brand by members of the same family. attorney general's from all 50 states are now investigating this charities. doing almost nothing to help cancer patients. farewell david letterman. taking a bout one last time. he still has a few tricks under his sleeve. more money and some laughs coming up. ♪

♪ melissa: whether it's on wall street or main street here's who is making money. anyone who is out to win a million. no winners for last

night's 173 million-dollar prize. so friday's jackpot has gone up to nearly 200 million bucks. you can't wait that long, tonight's powerball is offering $121 million. maybe losing some money? rihanna. it's way too similar to its robin character in batman and robin, which is something they've had trademarked for years. they're worried that she may start confusing many of her fans. getting beat by an old favorite madman. the final episode how it attracted 3 million viewers. not too bad. it turns out it was beaten in the ratings by an hour long rerun of i love lucy. which racked up 6 million viewers when it aired on sunday night. i guess everyone loves i love lucy.

amazing. saying goodbye to david letterman. he signs off for the late show for the final time tonight. bill murray a his first guest on late night sending him out in style. popping out of a cake. kim is a senior editor of in touch weekly. jonathan hoenig is back as well. kim wow. some big shoes to fill when mr. letterman leaves. >> yeah. i mean, the end of the era. it sounds so cliché to say. this really is. leno is gone. letterman is gone now. it's very sad. you think about all these things he created. top ten list. stupid at the time ricks. and throwing things off buildings. he was an innovator in so many ways. he's been on tv since 1982. (?) melissa: you're right. by the numbers. twenty-three years in late night. 6,000 broadcasts. had almost 20,000 guests on his show.

estimated to be worth at least $400 million. i think he has a lot more money than that. jonathan hoenig his production company he's making it hand over fist. going out in style. >> well, he's done very well for himself. he's almost the last in a great long line of tv star celebrity hosts. johnny carson. now dave letterman. they don't make them as big as they used to. you get the sense with letterman, while i wish him well, there's a bitcoinbithlo man syndrome about him. the work he did best was ten, 15 years ago. he's called it in since then. (?) >> the median age for letterman's show is 58. colbert's is just under 40. he's about 50 years old. this is good news for the demo. do you think he'll be able to build on all of that?

>> yeah. i think he will. because, again letterman, you just mentioned the age difference letterman embraced social media. jimmy fallon so much of their show resolves around social media. (?) i think that's what steven colbert will help bring. david letterman really not got into. >> if i leave now i don't have to tweet. it's perfect. thank you so much. speaking of quite the show another live look right now at the senate floor, where senator and presidential candidate rand paul is now more than an hour and a half into what he's calling a filibuster over an extension of the patriot act. it includes the surveillance of millions of your phone calls. the hour passed a -- the house passed a separate bill that alters that provision. but mitch mcconnell is asking for an extension of the existing law. not a vote on the new law.

rand paul thinks neither bill goes far enough to give americans back their liberties. stay tuned. we'll see how long he goes. that's as long as i am going to go. i hope you're making money today. let's hand it over to liz claman. "countdown" starts right now. >> stay for the closing bell. >> why not? >> you'll see a vapor trail. the interest rate hike rate idea fumes. probably not happening. fed governors reveal in the minutes from the most recent meeting they do not believe this economy is able to withstand an interest rate hike for now. the bulls kick off an instant party. s&p hitting an all-time high right after the fed minutes were released. complete turnaround for the dow jones industrials too. we have the man who can read in between the line of fed speak. john hilton. if your car is carrying a potential ticking bomb. what do you do