tv On the Money NBC June 7, 2015 4:00pm-4:31pm PDT
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hi, everyone. welcome to "on the money." time to madonuts. we'll talk com and calories with the brands. if you're revving up to get a car, should you get new, used, or lease. and drink wine, make friends, and make art. a new way to spend a night out which is a booming business. >> i haven't painted since i was a kid. >> how to avoid the wedding bell blues. "on the money" starts right now. now, becky quick. >> here is a look at what is making news as we go into a new
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week "on the money." america's jobs are adding jobs at a strong clip. that was better than expected and numbers for previous were revised higher. construc helping the growth. it sends interest rates higher and bond prices lower. a ten-year treasury yielding more than 2.4%. the likelihood grew of an increasing rate. and they closed mixed. u.s. auto sales are in high gear. for the month of may, gm sales rose 4%, ford down 1%, and toyota fell 1%. how about a margarita with your food? taco bell is trying to appeal
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more to millennial this week people celebrating national donut day. it has been a celebration and marketing tool ever since. dunkin' donuts has been serving themselves for 65 years. there are more than 8,000 locations in the united states. nigel travis is here, there is a little history to donut day. >> absolutely it goes back to 1938. this year there has been much more buzz about just our brand, whole donut industry. i think it is becoming bigger and bigger. >> i think of dunkin' donuts, i love them, but i don't indulge very often. >> about 60% of our business is
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beverag bu donuts are still a significant part of our menu and growing. they have grown 17 consecutive quarters. th surprises a lot of people. >> and it's surprising because you any of the huge health kick in america. what is taking off and what people will and won't eat. why do you think they have grown for so many quarters in a row. >> last year they introduced new statistical analysis and donuts go with things you would not expect. when people buy a breakfast sandwich, they get a donut with it. people see it as a treat, a reward, it is interesting, like soccer teams, i coach my son's soccer team, they love the donuts. it's part tradition, it's an indulgent desert that people can
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just pick up and it is fairly affordable. >> i think it is really on the coffee basis, is it the starbucks you're mainly competing with? >> starbucks and mcdonalds. it's interesting in the food segment, the coffee and bakery has the largesf independents, we always talk aboustarbucks and mcdonalds, but there is a lot of competition. ev day you're competing, it's fun. >> different markets can mean different things. you average nated from massachusetts and all over the place, as you move into other areas, what is different about tastes? is it the same thing goes everywhere across the country? >> i think america is a big complex country. and it is going to get more complex with a change in demographics. i think if you go west, the darker roast is a bit more pf c.
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we launched that last year. we're doing very well on coffee. we're doing very well on coffee and we're ple with tr there. >> friday was national donuts day and jobs day. i know you can judge it based on who is stopping. >> my prediction was 240 and it came out at 280. that is based on our franchisee's finding labor. it's getting more and more difficult. i think there is also going to be a trend that we have not yet seen in the numbers where wages are picking up. i feel pretty good about the u.s. economy right now. i probably feel better than i did probably nine months to a year ago. >> starbucks has the app that i
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know you're competing with, but they're talking about delivery in certain markets. >> i think this is an interesting area. the way we look at it is we're now developing mobile ordering. we're doing a private test. we're moving to a more public test this year. we're talking about launching mobile ordering next year. that is a strategic plank to many things. i'm interested to things like curb side. delivery is clearly a big opportunity. the trend in this country is convenient, and i think it is the trend just about everywhere. and i think delivery plays very strongly. the next few years you're going to see us get more and more into delivery. the key thing is you have to make sure we can operationalize all of these procedures. i have slowed up mobile ordering to make sure it is simple. >> i want to thank you so much for joining us, it is a
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pleasure. >> up next, we're "on the money" read to get behind the wheel of a car, get up to speed first on the best cars for the money on consumer reports. is it a bar? is it an art studio? it's both. we take you to a paint and sip class. a fr class that is growing. as we go to a break, take a look at the stock marke not every insurance company understands the life behind the number. those who have served our nation have earned the very best usaa. we know what it means to serve.
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get an auto insurance quote and see why 92% of our members plan to stay for life. >> putting your finances in order is a way to plan for retirement. wh the time comes you will have that orange money set as r all of the things you want to do. taking that road trip, volunteering, or simply spoiling your grand kids. isn't that what it is all about?
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>> what is it, $17.8 million is what we're looking at for the year? >> sales are red shot right now. it is nice to see this economic market really come to life. >> some peop selling cars, what about for us buying cars? >> it's always a good time to buy if it's when you need a car and you have the money. there are great deals being advertised right now, but it's always good to think is that the right deal for me. if it's a good deal it could be because a car is about to be retired. >> i struggle with this, do i buy a new car, used car, buy it outright, lease it? what makes the determination. there are a lot of decisions there. one of the key things is are you pieing something for the long haul, might your life change in the near future. >> i tend to buy them and drive them until they fall apart. >> that's what most people do
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now. the average car ownership is eight years. >> it is key that you said nearly knew. i know that the value dropped significantly, but i didn't know it is about 46% right off the lot. >> that is about the first three years. the nearly new cars also have the advantage, particularly right now in history, because at about three years old, they still have very contemporary safety features, crash test structure, and they will have the latest conveniences like infotainment like bluetooth. >> i know you spent a lot of time going through this. let's talk about the compact car. which one did you pick and why. >> the best value, one that really stands out in our tests for safety and reliability is a toyota prius.
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this is stellar for reliability and helps it get great fuel economy. >> what about for a full-size car? >> the chevrolet impala stands out. this was one of the highest scoring cars in our tests overall and it pays off in the long run. >> for a small suv, so a car that i can maybe put more stuff in, but not too big for gas concerns. >> there is a lot of tough competition, but the suburu forester stands out. the safety scores are stellar and the packaging is nice. great visibility out. >> i know that hupts a are more popular than ever. >> if you're looking to save money, the nissan frontier stands out. this is the only small truck that consumer reports currently recommends and it is an attractive alternative if you
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don't need all of those abilities. make sure you understand what you really need. they have big incentive, but they still cost more to own in the run. >> what about for the luxury industry, mid-size or full size. >> the lexus 300 h stands out. it might not match the rivals in the test, but the overall picture looking at the costs make this one a real stand out. >> jeff, thank you, this is incredibly helpful not only for me but our executive producer in the market too. >> up next, we're on the money. what happens when you mix cocktails and campuses? we take you to a paint and sip class where friends get together with wine to make art. wedding season is here, what the bride and groom
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paint and sip is a fun night out. we supply all of the things you need. it's exciting to see people come in. they're a little nervous in the beginning and once we turn that music on and start painting, it's j atmosphere. you really have a great time. >> aprons are to the left. >> i will be instructing 64 people and giving them an awesome experience.
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>> we're going right into our white paint. >> they come in and they're like i can't do this and we're like "yes you can." >> i have not painted since i was a kid, so this was fun to feel like a kid all over again. >> it was just a fun night out. it's a way for people to get together. i would love to see more men hi reco with friends and family. a couple hours out with your friends, get tipsy, do something active. >> it is all about doing new, realizing i can do this. >> paint and sip studios are spreading across the country. craig ceccanti is the cofounder of pinot's palette.
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>> how did you think of this? >> my mom in 2004 brought my family to a painting class. in louisiae bring beer where ever we go, we brought a cooler and it was a blast. it sat for a few years on my mind and we took action in 2009. >> what got you together to take katrina, we ended up as roommates through acquaintances. he married beth who said this is a really good idea. charles and i believed her and we moved forward very quickly. >> people wanted to franchise is right away. i know some areas, the franchisee's already have liquor licenses, some places are bring your own. what does a franchisee get from you? >> they get the whole package. it's business in a box from the get go. about 60% of our locations are beer and wine licensed.
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so they get training right out d out, marketing support. >> there are other paint and sip places out there b with other franchisee's, what differentiates your place? >> we're the premium in the market on the consumer level. our customer is 25 to 45 female. real wine glasses, nice lights, nice bathrooms. we aim at our franchisees. i was a technology consultant and i built a suite like a hotel or airline might. >> you mentioned that women are your primary audience. we heard from one that said how about more men in here, what do you do t get more men?
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>> the women draw the men, date night is big. we expanded to corporate and team building. we can go to companies and service them on site. we go to the kids, too. we have a little brushes brand that we do a kids camp type of activities as well. >> i love the idea, but what do you do in terms of liability? >> fortunately for us we have never had any issues. the big thing is it's not like a bar where you're just coming to drink and that's the focus. you're painting and other things are going on. you're sidetracks from pounding wine. the staff are trained to identify tha call the a taxi. and liquor laws have liquor liability insurance and things like that. >> kudos to your mom for getting the idea started and kudos to you for taking off with it. thank you for joining us. >> thanks for having me.
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guests, you can go to our website. may impact your money.ming up the last one before it begins reporting their sales on a quarterly basis. also monday kicked off apple's four day world developer conference where it is expected to announce new products including a streaming music service. thursday will be retail sales for the month of may. also, oculous is exacted to unveil a virtual reality headset for consumers. >> and also, we'll learn about potential inflation down the road. wedding season is upon us, and if you're ready to tie the knot, how well do you know the love of your life on the final side of things. joining us is sharon epperson who wrote "the big payoff." >> it is great to be here, financial compatibility is up
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there with having a sense of humor that couples young and old look for in a partner. that is according to a new study by money m sfwemagazine, but thn be other things that can have huge ramifications and impact your own financial security. >> it is so important to have that conversation of what your financial goals are. >> don't keep any secrets. >> you're not thinking about the future you better hope your spouse is. >> thinking about the future can be key. couples can begin building a great foundation by talking about their financial dreams and goals and figuring out how to it' not the most romantic of subjects, but it is important. what du advise people to do when you start? is that the right idea? >> i think being open and honest about everything is the first
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step. you have to know what people have for assets and liabilities. do they have student loan debt, you need to share responsibility in terms of your final goals and dreams -- >> and what you're paying for along the way. that's where i think yours, mine, and ours accounts come in. maybe you ha a checking account for yourself, for your spouse, and one join for household expenses. there is an account you talk about it and share in the financial responsibility and another account for financial independence. say you're getting married ladder in life. you have investments you picked up that were your own. do you comingle them, do you keep them separate? >> a lot of people with investment accounts have them for a particular goal. maybe you wanted them for a vacation property, or you have a short-term investment goal that you want to reach. in many cases they want to keep those accounts in their own
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name. you also want to reap some of the financial goals together. and that's where building investments and wealth comes in. that is something that you have to talk about. >> i like the idea of making sure that you're talking about all of your finances, what about pre-nups? >> a lot of people think it's just for rich people, but if you lose assets, and you lose them, you don't have a lot of time to build them up. even if there is not a formal agreement, you need something about your assets and liabilities. stud loans, who is paying for those? are we paying together? and are we thinking about what we'll do in terms of all of the information out there about you. facebook, social media. what will you share? folks are putting contingency
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clauses there for confidentiality. will be out there about me split up, will you tell re if everybody. >> thank you very sharon. that's the show for today, i'm becky quick. thank you for joining us. next week, how to get the most out of your frequent flier rewards. each week you can keep it here "on the money ". have a great one and we'll see you right ba
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right now, the countdown to game two of the nba finals, warriors are ready to take on the cleveland cavaliers and hold on to that home court advantage. good afternoon, i'm peggy bunker. >> ready or not here it comes. in half an hour game two of the nba championship series, we have team coverage of tonight's game. first, let's go to nbc bay area's maryann faf ro, live at oracle arena where fans are more than ready for game two. >> reporter: this place is
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