right about this conversation. >> the tuition costs that you're paying for, we'd love to hear from you. "happening now" is going to start right now, and we'll see you tomorrow back here on "outnumbered . . plus, the dow opens with another nose dive and stocked are crushed for the second trading day and what the selloff means. >> he clearly had no firearms training what so ever.

>> he knew what he was doing. and he would have been able to go through all of those magazines and we would not be here today. >> true american heros and troubling new questions about the security of train passengers worldwide, it is all "happening now". >> but we begin with the dow, bouncing back after a huge selloff this morning. investors fearing a slow down in chinese economy. >> and the markets look different than earlier today. not quite an extra 0. but it was down a thousand points in the dow right after trading opened and now down 133 points and it is not worthy on another day but today it is. with us is jerry willis.

is it here to stay? >> reporter: that's a great question. we have staged a massive turn around to the positive after an awful opening in which the dow sank 1000 points and we are down 140. i have to tell you, i am going to turn the time tables back to this morning. why was everyone worried about the markets. china is showing problems. the shanghai composeit was down. and hong kong down. and look at those numbers. what is behind that? worrys about china's growth oil is below $40 a barrel. that is unthinkable if you are familiar with the oil prices per barrel. the whole global economy, really

questions about approximate what is going on about it. because of china's power as an economy. it is responsible for the planet's growth. and if they have problems, all markets can suffer and now we are seeing a turn around in our economy and instead of talking about if this is a bear market how long the bear market stays. and now are there buying opportunities here? should you be picking up stocks? i have talked to financial advisors all day long and here's what one of them says. don't just do something, stand there. and that is said by john bogle who founded vanguard funds. if the markets are in turmoil, you may do better to hold your fire and waiting until things calm down a bit. >> we'll see what happens.

thank you. the economy will be a key factor in the presidential race. 30 percent of the voters consider it the top issue in the country in the fox news poll and terrorism and health care tying for second place. we'll talk about it with david rucker. senior correspondent for the washington examiner. >> it is, jon, it is always this way and it is going to be this way, it will be interesting to see if the concern about u.s. markets and world markets gets the presidential race back to where it was always going to end up. >> i heard that, i am sorry that josh earnest, the president's spokesman is asked about the issue in the white house and kind of down played it that it was a china issue that our markets are being dragged down by president. and suggest that the president's

economic policies have nothing to do with this. how right is he? >> i think the voters will decide. every time there is crisis in the world market, the u.s. markets is the best place for the money to g. there is no where else for people to park their money given the strength and stability of u.s. markets even when times are tough in the united states. as far as every day americans and voters, people don't feel mobile or the sense of growth that they did in the 90s and early two thousands and that is a concern for the candidates. >> i remember when candidate barak obama complained about the republicans driving the economy in the ditch. who does he blame after seven years in office? >> probably the republicans. you challenge the other party,

you you blame them for everything is going wrong and you are in office, you explain it is not that great, it is the other guy's fault and look what i have done. the challenge is for the hillary clinton or democratic nominee explain why people feel uncertain about the economy deserve another four years. republicans say give us a shot, it can't get worse. >> and the economic issues are dominanting with the republican voters. a fox news poll, when asked what the most important issue was when deciding who would get their vote among the gop voters economic issues 40 percent. and national sukt at 31 percent and immigration and social issues rounding out the bottom of that list. any surprise there, david? >> no, it is not rocket science.

it is always pocketbook issues. in the heat of the general election. it will be who can make life better for you and your family and get you ahead. and there is a big opportunity for the challenger party in this case. it is not easy. they will have to make the case or deliver or the democrats will get four years and which candidate can seize and make voters think they have the best plan. david drucker. thank you. >> and does the selloff make you you decide who you want it vote for in 2016. we'll get your thoughts in the conversation. in the meantime, it is back to work for the current occupiant of the white house. the president facing a full slate including getting congress to approve the nuclear deal with iran. rich? >> reporter: good afternoon,

jenna, that is first up for congress which is still on the vacation. when they return after labor day, they will consider whether to disapprove of the iran deal. president obama got support from harry reid. he will be for the deal and urge colleagues to vote for the deal and deny the motion of disapproval will on all of this. this after a high defection in the next democrats take over in the senate. and there are republicans and democrats at odds over the export and import bank. that is financing and overseeing companies that buy u.s. goods. you will so the white house engage on that and on government spending. if congress and the white house don't get together on a budget, government will shut down on

october 1st. they are at odds on the spending. and still they are at odds over the budgeting. >> we can't cut our way to prosperity. we should invest this things that help our economy grow today or tomorrow. education and infrainstruct and you are scientific research. >> we wanted to pass a balanced budget. the last time the house and senate had a balanced budget facebook was not created yet. >> beyond what is in middle east or iran or china and china sea and north and south korea. and the first secretary of state hillary clinton will run for president of the united states. and who will he choose if biden runs for president? >> it is quite a full box.

quite a list to map out. thanks, rich. tragic up date on a louisiana trooper shot by a stranded driver. a couple passengers tie up a man on a heffly travelled plan in paris. that raises questions about trains here on u.s. soil. fires in washington state, largest in that state's history. what one man trying to save his cabin had to do to survive. >> all of the treeses were on fire and blew up in here. i am good to g. a gash in my forehead and lost more hair in the fire.

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stephen vincent was shot in a thoroughingle with a man whose truck ran in a ditch. the trooper tried to help the guy and the shooter fired at him with a sawed off shotgun. he will be charged with first-degree murder. a wildfires in washington state, largest in that state's history. one fire growing to more than 400 square miles and only ten percent contained today. one man described a horrifying scene as he tried to save the kwabin. >> it went to 20 miles per hour winds to 40 miles per hour winds and the dock saved my life. i studyund the doc. >> they tried to get the upper hand. >> and they have more.

william. >> reporter: conditions are better than last week. montana is cooler and red flag warnings remain in effect in washington state. the one fire grew 30 square miles. 200 homes have been burned to the ground. >> this mechanic saved his home and lost his business. 100 grand in motorcycles and cars and business. he is grateful the family is alive. >> i watched the shop go up. i have my family and home and i can't believe it is still standing. one day at a time. that's all i can do. most of the u.s. unaffected

by the flaps but not the smoke. air quality fair to hazardous in the northwest and doctors recommend wearing a mask or staying inside with respiratory problems. >> it smelled like smoke. >> it was errie with the orange glow and new something was up. >> reporter: a new fire erupted sunday in los angeles. 400 evacuated in big bear lake. it is now 50 percent. >> dry lightning for tuesday and wednesday. california in the south heating up this week as we enter peak wildfires season. thank you. u.s. stocks with a major come back. keeping a close eye on the markets all day. a fiery crash in a british air

show leaving 11 people dead. chlorred

in england there was a deadly air crash this weekend. rescue crews had to bring in kraens. officials are fearing more bodies will be recovered in the debreechlt the pilot performed a loop maneuver. >> back to the market. there is a big selloff this morning. and looks nothing like 9:30.

the dow is down. and last week, of course, was a volatile week. they got bigger as the week went on and plunged 530 points. and what is going on today? >> it is one of the biggest rallies. and what was going on was a lot of selling momentum. and china was bad. and i think a lot of people are leaning on the side of it. and it could be a air panic and all of that in the morning and seems like the market got too it stretched on the side.

>> the news is worse. and the conditions in china have not improved. is this a recovery? >> the conditions haven't changeds all. and for the six months before that, u.s. stocks were stable as all of the other markets were having trouble. chinese markets are closed and junk bonds and all of the other areas were showing stress. and i think it is one bite and at least reflecting the challenges. >> and the white house speaking on the issue of the dow. and you can see the volatility in the market and josh earnest played up china's role and whether or not the economy is

strong as the stock market might reflect. and what do you think of the real strength of the u.s. economy? >> we feel like it is some what fragile and the economy is on a relative basis doing better than any other market in the country it is only two percent growth. it seems like you can't rely entirey on that momentum and we overrely on china as a source of too much growth. >> the fall guy. >> and also before the hero. and their growth was going to save everybody. neither one of those things are quite true and you had a market that raced ahead of the economy for 5 or 6 years. and stock market that had front that activity has struggled. >> and talk to us about the

federal reserve. you can see the stock market go up as the fed is involved and continuing to intervene in the market in simple terms. what about the royal of the fed moving forward and why does it matter? >> a definite close call with the fed. the federal reserve is looking for the opportunity to get short term interest rate from 0. the fed recognizes the benefit is not that great. and when they move to do that. the markets have a tantrum. >> and the viewer wrote. investors are starting a temper tantrum because of worry of the rates. >> it is in part. the fed is doing that the same time the rest of the world is doing opposite. they are trying to stimulate

with free money in europe and china and elsewhere. that is tension. >> is that controlling our fate for the next 6 or 12 months. >> the fed is reacting more to the information as it comes in with the market and economy than driving them. if they move in the next month or so. and the fed we'll raise rates, i don't think that would be received well. the market wants to see a federal reserve that is with the conditions. >> and actual conditions makes you money. and if they don't move that would be a sign about approximate the economy. >> you can't handle a quarter of a percent. >> and good point.

vice-president biden meets with senator warren. what does that mean for his bid to the white house? >> protestors in teheran storming the british embassy and forcing the british to shut it down. fast forward today. that embassy is open for business. our next guest a former aide to margaret thatcher said that is a mistake. when i started at the shelter, i noticed benny right away. i just had to adopt him. he's older so he needs my help all day. when my back pain flared up we both felt it i took tylenol at first but i had to take 6 pills to get through the day. then my friend said "try aleve". just two pills, all day. and now, i'm back for my best bud! aleve. all day strong and try aleve pm, now with an easy open cap.

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fox news alert. south korea will halt the loud speaker broadcast after north korea expresses regret over a mine blast. north korea said it was not responsible and it has now apologized. and loud speaker criticizing the north korea president will be silenced. and joe biden and senator warren met this weekend in washington. the meeting with warren who is popular with the liberal wing of

the party is fuelling reports of a possibility of a biden run. mike? >> reporter: joe boind has run for president twice before and his political future is a hot political story in the final days of ago. many liberals have been urging war tone get in the presidential race. and warren has not endorsed anybody running for the white house. a senior advisor for draft bide approximaten said if he runs, income nevada on on october 13th, would be critical. >> having him on the debate stage is an important part of the campaign. his time line will be what his is. and not my job to speculate.

and some have left of the obama to work with clinton. and meanwhile clinton supporters are defending her and the use of a personal server during the time of secretary of state and critics say it is a serious matter. >> to say it is not personal is ridiculous. the fbi investigates people and not machines. she's one of the people investigated. >> reporter: moments ago, josh earnest said president obama's choice of biden. it is very early in the 2016 presidential promise. >> right now, iran is flexing the military muscles.

and the unveiling of the new ballistic missile. and features more advance electronics. they are telling fox news that the missile is the real thing and not just propaganda in the wake of the nuclear deal with iran. and also happening over the weekend, great britain reopened the embassy in iran and paving the way for more relations. this is after the protestors destroyed the compounds and threatening the safety of the diplomats. the brits shut down the embassy. and with us is a aide to margaret thatcher. i am curous what you beening the move by the brits and why now? >> i think it is think it is

appalling. the reopening of the embassy in iran after it was mob acting at the behest of the regime. the british had to repair and the cost of the embassy. and it sends the wrong single to the iranian regime. the whole idea of having a friendly normal relationship with the mullahs controlling the regime is a fantasy and said to see the british government falling for the trap. we heard mum murs that the brits would reopen the embassy by the end of the year. we didn't know the time line was as quick. i asked him about the nuclear deal and legitimizing the

regime. and here's what he told us about why it was important. >> i think the idea of getting our embassy open makes good sense as long as we do it on the terms with the national security interest. and we would like to talk to the iranians about different suggests not only on the nuclear issue that blocks the bath to nuclear weapons. >> what are the other issues that he is speaking about, nile? >> i think the british government is looking for enhanced trade relations. there is a flood of european politicians following the iran nuclear deal. i think it is important that britain puts principle ahead of financial interest here. let's not forget the iranians

are responsible for the killing of thousands of brit yans. they have britain and american blood on their hands and the idea of embarking on a cordial relationship with evil barbaric and brutal regime is a huge mistake. >> as of right now the ayatollah has not supported the nuclear deal and there is a question mark of whether or not law makers do approve this in its finality. nile, i am curious because we are great allies with britain, what is the move by the british government does to the united states position and questions that americans have about the nuclear deal? >> certainly, i think it is probably president obama's

intention to open a u.s. embassy in teheran. it is a helpful development for obama. it is bad for british interest and u.s. interest as well. you have the u.s. and british government appeasing the iranian regime. it is unfortunate that there is no vote held in the house of commons over the iran nuclear deal. i understand that quite a few members of the british parliament is opposed to the deal. and david cameron has not listened at all to british domestic critics of what is a dangerous and bad deal for britain and the united states and free world. >> that brings interesting questions of what happen in the negotiations and the roles played by the different sides and parties that are there. it is interesting to note that the united states president is

out in front in support of the deal. and yet there are questions from the both sides of the vival and in britain as well. there are questions. and what does it say to you that the leaders of our great countries are confident of moving ahead when so many questions remain? >> it is unfortunate that david cameron and barak obama are pushing the poiseinous deal. it would have been rejected by margaret thatcher she would have hand bagged and it was a betrayal of british interest. >> why? >> it will enhance iran's power and strengthen their position as the world's leading sponsor of terrorism. and it is going to lead to a nuclear armed iran. this is a deal that is drawn up

with a regime that cannot be trusted and a regime that is unskruptulous and thoroughly evil in my opinion. and if they deal that, i think the vast majority of americans oppose as opinion poll shows. and a clear majority of the united states congress is against the deal. i do think that it president obama and david cameron are throwing their own countries under the bus. >> it is interesting to see the people who voted to put leaders in office having question. and they are strongly in favor of moving ahead regardless. it is what we will watch and the security in the embassy in teheran that the british government reopened. appreciate you being on the program. >> a son faces murder charges

after his father is stabbed to death. what witnesses say happen here. plus, a gunman on the train headed to paris tackled by passengers, including three american heroes. he hit me on the shoulder and said let's go and went down and tackled him and hit the ground and alex grabbed the gun out on of his hand and he pulled more weapons left and right. did yon is critical for brain health? brain food, hmmm. ensure has b vitamins that help support brain health - now that's smart nutrition. ensure's complete balanced nutrition has 26 vitamins and minerals and 9 grams of protein. ensure. take life in.

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signaling a run for the white house. his poll numbers may surprise you, all at the top of the hour. >> an oklahoma commissioner is dead following an argument with his own son. marcus stela was stabbed to death where they met at a restaurant to settle a dispute. cosstello's son stabbed his father in the neck and head. bystanders stepped in to subdue him until the police arrived. he is now charged with first-degree murder. >> praise for three american heroes. highest award from france for taking down a gunman on a crowded train headed for paris. the incident raises concerns about trains here in the u.s.

john, when we talk about train safety and railroad safety in the past we talked about the cars and the rails. and now there is a new security threat out there. how would you assess the preventive measures in the united states against this kind of an attack like we saw in france? >> i think we have seen a couple of different attacks in trains one in canada that could have been a serious attack. on board, it is it a soft spot and vulnerability for the railroad industry and we talk about approximate passengers, mot of these system, they can get a ticket and be on the train. but unlike the airline system you have toe wait. there is no protection for the

trains. and the railroad industry has to be proactive and need to hit it head-on. >> we know what it is like trying to board an airliner. tsa screeners are thorough and invasive. can you do that it on trains? >> unfortunately, jon, these are different times and everybody realizes that. if you are going to be carrying people on public transportation, you have an obligation to protect them and comes with the territory and times have changed. i hate to see it get to that point, there has to be something that we need to approach. and we need to make the presencedom napt in the rail stations and on the train. you can't put any of this on the employees that have a large amount of things to be concerned

about. it needs to come from the top and send somebody in it. and unfortunately that's where things get hung up. >> in new york city grand central every work day and three- quarter are -- of a million people. how would you you do screening for that many people? >> it would be difficult. but same to be said for public or sporting event or something. you have to look at the same measures and no way you you can stop everything but take every precaution. >> obviously a lot of people ride the rail because they are afraid of flying. and if all of the sudden, the rails are threatened as a potential terrorist haven, you know, you are going to have problems obviously with rider ship and amtrak levels and so forth in this country? >> that's true. it is a possibility.

but same as people not going to t theate theaters. but it is similar. and i think people will ride the trains and count on the people to it operate and protect them. that's all we can do. >> and that's a slogan in new york. if you see something, say something. that is true as ever in the day of militant islamic terrorism. >> it is one of the strongest lines of defense. it is it a strong line of defense and people are keeping their eyes open and have to be people trained and present and on board of the train with 500 people, there should be somebody at least several people looking over the group of people. in this day and age, it is a responsibility. >> hats off to the three

stopping that terrorist in france. so called website for charters, ashley madison offering a reward for the information on the hacker ares who put data on line. >> and costing taxpayers a lot of cash. righting what was done wrong 40 years ago. my name is mark amann.

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right now the parent company of ashley madison, the website for married people looking for affairs, is now offering a $500,000 reward for information leading to the arrest of whoever hacked the site. last week detailed records for millions of registered users were released online. the hackers accused ashley madison,

which openly markets itself as a website for people interested in cheating on their spouses, of incompetence and deceit. >> so-called environmental catastrophe costing taxpayers more than $1 million to fix. the divers pulling thousands of tires out of the water off the coast of florida after environmentalists tried to create a reef decades ago that went horribly wrong. is this a case of good intentions gone horribly wrong? >> reporter: of course it is. a nobody would think of doing anything right now. a mile off of ft. lahd dale's sea there is an environmental operation under way all to make rate what was done wrong horribly 40 years ago. take a look underneath the water, a surreal scene. 1 million to 1 million old and beat up truck tires sitting 70 feet below the surface, tires

and tires as far as the diver can see making for a ghostly and desolate marine landscape with minimal coral and fish. that is the opposite of what was envisioned by environmentalists in 1972 when an armada hauled out and dumped boat load after boat load of used rubber all to create an artificial reef which totally backfired. >> it's not like there's a lot of life down there. however, the tires are a problem because they are moving into the pristine reef areas and doing damage to the reef and the tires are harboring very little marine growth. >> now the state is spending nearly $2 million to hoist up about 100,000 of the tires over 30 years. 30-year-old white walls at a time to get out what turned out to be pure pollution out of the ware. all a great idea on paper back in the '70s when used tires basically ended up in land fills or mavis tire piles, ripe for

mosquitos and occasion fires. tire shredding and recycling didn't get going into the country until the early 1990s and now it puts the bounce in artificial surface and soccer field and in the playground and mulch for the garden. they are now trucked upstate to be burned in an indiana cineraoa power plant which then produces green electricity, so all these years later generally these old tires are starting to do some environmental good. so far the divers have 20,000 of them removed since may. it is a long job ahead. >> well, what a story. very interesting, phil. thank you. a guy stranded in one of the most remote places imaginable, his only option for survival writing help in the sand and hoping someone sees it. the details behind this s.o.s. next.

all right. time for the final 30 now. a desperate method to save a stranded tour unfortunate. he was lost in the australian outback and when he heard the sound of a chopper he wrote help in the sand and rescued for two days an treated for he hydration and source on his feet. >> see what hatches when you try to take a shortcut. >> spirits arriving at the international space station. six liquor samples are being delivered from a japanese company and other adult beverages. not for the astd knotts but being used tore research. the want to see if alcohol ages the same way in space. i never thought of that. >> they don't get to drink it? >> i evenly know what was presented.

>> like a sip here and there. >> checking to see if it disappears the same way in space as it often does here on earth. thanks for joining us, everybody. >> thanks. have a great day. "the real story" starts right now. >> and we begin with a fox news alert. the fears of slowing global growth rocking wall street. hello, everyone. i'm heather chilleders in for gretchen today. the dow down triple digits, a much better picture than at the open when the dow traded briefly over 1,000 points lower. all of this follows a terrible stretch last week for stocks. the dow losing 1,000 points over five days falling into correction territory. all of this showing up in our 401(k)s and i.r.a.s so what should we do. joining me now is adam shapiro from fox business network. it is a business day for you. >> it is a busy day. down 1,085 at