. >> you are first class, ben. [ laughter ] >> and dagen mcdowell doesn't fly first class. >> i fly coachometimes but irst class recently, it's still s.u.x.. >> i want to thank dagen, and holiday shoppers but our gang says forget the mall. go for shopping on wall street the stocks that keep on giving long after santa. ♪ [ engine revs ] ♪ ♪ [ male announcer ] the mercedes-benz winter event is back, with the perfect vehicle that's just right for you, no matter which list you're on. [ santa ] ho, ho, ho, ho! [ male announcer ] lease a 2013 c250 for $349 a month at your local mercedes-benz dealer. >>. >> neil: charms what do you got. >> an amazing company, they had a tough year, but china is rebounding and make a lot of money. >> caterpillar on global recovery. what do you think of that. >> i like cater pillar for quite a long tim whether or not the economy recovers, it's a good. >> neil: what are you buying? >> vanguard re-index. the criticism i wanted to pick something, it has a generous yield. >> neil: i love that company. i love vanguard. i love reit and it's a great gift. biggest index o

. >> you are first class, ben. [ laughter ] >> and dagen mcdowell doesn't fly first class. >> i fly coach to thank dagen, and holiday shoppers but our gang says forget the mall. go for shopping on wall street the stocks that keep on giving long after santa. 7,000 high school students drop out every school day. that's a line of desks more than 4 miles long. we can keep students in school. visit boostup.org and take the first step. >>. >> neil: charms what do you got. >> an amazing company, they had a tough year, but china is rebounding and make a lot of money. >> caterpillar on global recovery. what do you think of that. >> i like cater pillar for quite a long time. whether or not the economy recovers, it's a good. >> neil: what are you buying? >> vanguard re-index. the criticism i wanted to pick something, it has a generous yield. >> neil: i love that company. i love vanguard. i love reit and it's a great gift. biggest index of them b.t.

hi, everybody, i'm dagen mcdowell in for neil cavuto and fox on top of a clock ticking down. less than 62 hours until it all goes town and i'm not talking about thatall in time square or those automatic tax hikes and spending cuts lmakers are scrambling to avoid. i'm talking about taxes going up no matter what. taxes in the president's health care law. a new tax on investment income, a tax on medical device mers costing jobs, those aren't the only ones, that last tax forcing companies, many companies to laff workers. and coming attractions for the new year, to ben stein, charles payne, todd soenberger and sarah, charles, you first. >> let the flood gates open. listen, dagen, obviously, we know-- actually we don't know, but it's to nancy pelosi's point we're going find out and i hope we like it. a lot of taxes associated with obamacare. you mentioned the medical device ise, a l of these companies, by the way, medical device comnies have been laying off worrs right now. and that is, if this impacts, by the way, everyone, takes away from research and development, which will take

dagen: i'm dagen mcdowell everybody. dennis: i'm dennis neal -- kneale. dagen: is it the fiscal cliff fears that have shoppers down this season? retailers are reporting slowing sales over the last couple of weeks. dennis: a woman fired for being too attractive and a supreme court says it is legal. dagen: i will bite my tongue because it is the top of the hour and stocks now and every 15 minutes. nicole petallides at the new york stock exchange. hey nicole. nicole: i look forward to hearing more about that particular story as i watch the stock market here, i do see the dow is down about 1/3 of 1%. majority of the dow components are lower. it is december 24th. there are kids running around here. it's a very random day on wall street. the traders will get together and sing the traditional song which represents hope back in the early 1900s. some names are weighing heavily here on the major averages. a couple names squeezing out gains like alcoa and home depot. let's take a look at the retailer jc penney. you do see it doing particularly well here. oppenheimer

and charlie payne, dagen mcdonnm mcdowell and gcharlie gasperino and ben stein. >> we've come a long, long way and it's interesting, because we look at these men as heroes. and no one in washington deserves any sort of her worship unless you talk about the small business owners who gutted it out and the ladies and men who get on the subway train at 4 or five o'clock in the morning to clean up the offices so the lobbyists and legislators, anyone in d.c. is misguided. i know some people get it, why, i don't know. i long for the america that you just talked about. >> and what's interesting there and putti it together and the difference in the periods here, anything was possible, we didn't know the meaning of the word ent. we found a way to the impossible, it was in our veacular and way of thinking. >> the irony is today, in today's washington if somebody came up with a crazy idea trying to go to the moon if we never bee there before. people would laugh it off because people don't dream big and don't dreaat a instead. worried about their own shelves and not for sake of country, but only f

i had a conversation with dagen mcdowell, she did point out the reason there are so many -- tracy: waitingtalking over each other] >> the president's offer of $1.3 trillion revenue, $850 billion in spending reduction fails to meet the tests the president promised the american people a balanced approach. i hope the president will get serious soon about providing and working with us on a balanced approach. the house will pass legislation to make permanent tax relief for nearly every american. 99.81% of the american people. the president will have a decision to make. he can call on senate democrats to pass that bill or he can be responsible for the largest tax increase in american history. [talking over each other] tracy: that was john boehner. ashley: basically saying the house will vote tomorrow on plan b which will give higher tax rates to those making above $1 million, 99.1%. a decision to encourage senate democrats if not he is responsible. tracy: we will go to rich edson, the president saying, john boehner saying it is time to get serious. what have we been doing all along quite frankly

i am dagen mcdowell. connell: m connell mcshane. the right to work battle. protests are breaking out over new legislation that puts the union on defense. dagen: the war on business. antitrust penalties. connell: the economic sanctions on iran. we will find out why this matters so much. dagen: it is the top of the hour. stocks now with nicole petallides. nicole: those breakfast meals are doing so well for mcdonald's. leading them right along. it is a top performer on the dow jones industrials. mcdonald's, we have to take a look at it. they are november sales are coming. all of these worries started to brew whether or not they donalds would launch a deal. they are back. they have winning numbers. they show growth of 2.4%. as i noted, breakfast meals doing well here in the states. of $0.89. allost $90, 89.37. the dow jones industrials, right now, are up one quarter of 1%. this is after wreaths. weeks of gains. last week, we gained about 130 points. the traders that i have talked to, continue to say the trend remains to the upside. back to you. connell: thank you

dagen: i am dagen mcdowell. connell: i am connell mcshane. what the fed does today will speak volumes about whether or not we are going over the fiscal cliff. dagen: and overhaul of corporate taxes. that is on the table. connell: well other states now fall after michigan. dagen: the president of stubhub is here to talk all about it. connell: first, let's get to the floor of the new york stock exchange. nicole: $1.2 billion share repurchase. they are buying back shares from the estate of a longtime shareholder. here is a look at stocks this morning. very busy. it was halted for news. there is the stock right now. almost $134,000 a share. of almost 2.5%. let's take a look at the broader market average. the dow is up five days in a row. traders say that the trend continues to the upside. the dollar is lower. back to you. connell: you mentioned bad day. first, the latest from capital hill. they say we are over the fiscal cliff, unless tax rates go up. the sign will come from the fed. we will know in the next 90 minutes. former atlanta fed joins us

dan henninger ridge joins dagen mcdowell and connell mcshane in the next hour.otball is the most popular sport and a hugely profitable business. $9 billion a year revenue. there's a big problem. it simply is end up with long-term health problems, concussions, a huge problem, repeated blows to the head. joining us is a former tight end in the league who suffered one concussion during his playing days and our advices the union on player save the. welcome to the program. this is a difficult subject and i am glad you are here to address it for as. my position is this. i am and englishmen and don't know beans about american football but nonetheless i watched it, i have seen it for 40 years. is clearly a violent sport. these kinds of injuries, it is going to happen regardless. it is going to happen. i put it to you short of really changing the nature of the game there's nothing you can do about it. >> you might be on a point. the reality is this is a collision sport. it is a sport where you have men trying to physically dominate one another so collisions are going to

i am dagen mcdowell. connell: good morning. i am connell mcshane. monica crowley is here to say the republicans need to play hardball. scott says all the posturing may be creating some investment opportunities. both of them will explain. dagen: the deadline to do something about iran is right here. it will dominate headlines in the new year. connell: walmart wants the twinkies off to its cell. the retailer is making a play for the assets. dagen: the wonderful -- you have no idea where i am going. i can get myself into trouble. connell: yes you can. dagen: stocks now and every 15 minutes. nicole: the markets are pretty much spot. let's start off with apple. the $700 stock back in the middle of september. one product after each other the price target is now $700 from 780. not too optimistic on the iphone5. it is down 3.5% right there. the vix, the fear index, is to the upside. the dow is higher while the s&p and nasdaq are pulling back. back to you guys. see you later. connell: thank you. after the big meeting they had last night, the speaker of the h

dagen: i am dagen mcdowell. connell: good morning, everybody. i am connell mcshane. everyone reacting to the speaker of the house and his backup plan for the debt crisis. we will get some details from the nation's capital on this. dagen: think those photos are yours and only yours? instagram says it could use your photos in ads, if it wants to. connell: this could cost us. the next on bank account adds. dagen: nicole 5 on the new york stock exchange. nicole: this is unbelievable. we continue to get the headlines out of washington. we have boehner coming out with plan b. we are getting harry reid response saying that speaker banners -- boehner approach is very far away. the markets have managed to move back higher. there is a look at the nasdaq. the dow is a winner of about .5%. connell: let's follow up on this breaking news on the speaker of the house john boehner. dagen: richardson is live in washington, d.c. with what the heck. rich: the house will vote as early as this week to extend tax rates for those making less than a million dollars a year. house speaker john

i am dagen mcdowell. the president cutting his hawaiian christmas short. harry reid and democrats expected to lay the groundwork for yet another plan to avoid the looming tax increases and spending cuts. old man winter wiping out the holidays for many people in the country. his work is not done yet. people worried about washington keeping their spending type. time for stocks now. nicole petallides is at the new york stock exchange. nicole: the dow is down about ten points. the s&p pulling back one quarter of 1%. a lot of the retailers loved like the biggest losers. 500 stocks are comprised and represent oriole to autos to airlines. the sector that was really lagging where the retailers. oil has been moving to the upside. there is a lot going on with that. and oil spike of two dollars. now, let's take a look at technology. we do see some of the tech stocks doing pretty well. hewlett-packard and intel have been among the real losers for the year 2012 on the dow. today, you continue to see this trend which is a little better. back to you. dagen: thank you. th

i am dagen mcdowell. bring in joe biden, the vice president called in to help with the negotiations. maybe we see some movement in the coming hour. a surprise in your check at the end of the week. the mess in washington leaves employers wondering how much they should with hold from your paycheck. the world, stuart was just showing you pictures of shanghai, the world already starting the celebration. the dawn of 2013. happy new year, everybody. there is a live look at shanghai, china. top of the hour. time now for stocks. >> good morning. searching for direction. not a big surprise for new year's eve. we have seen the dow down slightly. the nasdaq is up about 15. we are watching pfizer and bristol-myers squibb they just approved a stroke preventing tail. the market for this drug could be huge. 8 million worldwide have this disorder. a huge market here for the drug. it is facing some stiff competition. we are taking a look at the markets right now. bristol-myers is up slightly at the moment. dagen: thank yo