adam shapiro is here now. during the 1:00 p.m.pecial addition of markets now talking about the auto sector. >> that is right. the business of auto sales. the sector has been one of the most important when it comes to propping up the u.s. economy. you want to join lori rothman and myself at 1:00 p.m. we will show you how you can profit from all of this. which companies you may want to invest in. how you may be able to rent out your current car and make some money on that. we had a lot of gas with us throughout the 1:00 o'clock hour of markets now. connell: lamborghini and ferrari are just something obnoxious to me. >> you could look like a high roller. it is all coming up. connell: that is a tease. now i have to watch. thank you, adam. we look forward to that in the 9:00 o'clock hour. and lots of car people will enjoy watching that hour. new technology in the industry. we bring the editor at fox car report.com and. we have also been talking about. >> very high-tech stuff. it has been the fuel of the future. maybe we are getting to

"money" with adam shapiro is here in for melissa francis. >> i'm adam shapiro in for melissa francis.hat is money tonight. can bubbles be prevented. ben bernanke and central bankers develop tools to pop them before they get too big. will they sew the seeds of the next financial disaster? >>> rough times for one of wall street's brightest stars. stm clouds swirl around meredith whitney and her advisory group. it is all the word on wall street and we've got the inside scoop. >>> and "who made money today?" here speculation that a certain billionae will invest in their company has them seeing dollar signs. not sure who it is? stay tuned to find out. even when they say it's not it is always about money

"money" with adam shapiro is here in for melissa francis. >> i'm adam shapiro in for melissa francis. here is what is money tonight. can bubbles be prevented. ben bernanke and central bankers develop tools to pop them before they get too big. will they sew the seeds of the next financial disaster? >>> rough times for one of wall street's brightest stars. stm clouds swirl around meredith whitney and her advisory group. it is all the word on wall street and we've got the inside scoop. >>> and "who made money today?" here speculation that a certain billionae will invest in their company has them seeing dollar signs. not sure who it is? stay tuned to find out. even when they say it's not it is always about money adam: our top story the newest twist in the health care fight. the back and forth and perceived hypocrisy over obamacare. the announcement that the president obama would delay the employer mandate another year has republicans up in arms. why for a delay just for employers and not for the individual mante? if it ii in the law, how can any of it be delayed without congressional appr

adam: and i am adam shapiro. what the earnings may be saying about the broader economy.r versions to save money. dennis: move over lawnmowers and dishwashers. sears trying to look luxurious. lori: in the red-hot. a quick yes or no all based on your picture. it is linking couples and second. two prophets come that fast? let's get an update on the markets. nicole petallides watching the earnings report from some major names after the bell today. nicole: i got a little giggle. it will be interesting to hear about it. the dow jones industrials up about 22 points right

"money" with adam shapiro is here in for melissa francis. >> i'm adam shapiro in for melissa francis. money tonight. can bubbles be prevented. ben bernanke and central bankers develop tools to pop them before they get too big. will they sew the seeds of the next financial disaster? of wall street's brightest stars. storm clouds swirl around meredith whitney and her advisory group. it is all the word on wall street and we've got the inside scoop. >>> and "who made money today?" here speculation that a certain billionaire will invest in their company has them seeing dollar signs. not sure who it is? stay tuned to find out. even when they say it's not it is always about money

here is adam shapiro. adam: good to see you. liz: let's go to nicole.though. >> right, right. i appreciate it though, thank you very much. we'll focus on the markets. let's talk about something we know well. we've had a great week on wall street. liz: it has been a great week definitely. you look what is happening with ups, sliding into the red today. why that matters, not only is it a big company but it is also a member of the transports. >> absolutely, liz. we talk about ups that along with fed expect, both names were to the downside. that is because ups said u.s. industrial growth is slowing for the economy. that means less packages and people are using easier ways and cheaper ways, more importantly to ship things. adam: talk about shares of online medical information. the company, web md, it surge understood the green, right, nicole? >> they raised revenue forecast and raised their profit. this biopharmaceutical company and their customers, it looks so good. the stock moved to new highs. up 137% this year. liz: i love amazon and watching amazon beca

. >> i am adam shapiro. good, but not free. that is the june jobs report. wild swings for stocks on that news. jumping triple digits on that news. scott is coming up with the jobs number he is most focused on. lauren: sending precious metals tanking. old laws have come on top of the 25% drop already this year. adam: headlines from egypt. there are now reports that three protesters are dead. lauren: time for stocks as we do every 15 minutes. the dow is up now. up big-time. our traders even there? how is the volume? the 20 plenty of people that showed up. this is the day of the monthly jobs report. we do have fairly decent volume for this type of a holiday. it is sandwiched between a fourth of july holiday. the dow jones industrials are up 92 points now. they dipped into negative territory briefly. we will clock in a winning week. we have not had two back-to-back winning weeks. we have had a couple of reasons sold off. it will really be a nice standing to have two weeks back-to-back. ingersoll brand, one of the best performers on the s&p 500. petroleum, that

adam shapiro at the company's headquarters in round rock, texas. they say michael dell's silver lake cross the rubicon that taking a way one thing in the merger that provided the a voice in the company. caesar croused the rubicon. michael dell and silver lake want change. they want to change the guidelines for voting. they are willing to offer up to $13.57 a share, if, and only if, the special committee is willing to discard the roughly 27% of unaffiliated shareholders who have not cast their vote. right now the uncast votes are considered no votes. in order to raise their bid to 13.75, michael dell and silver lake are saying you have to change the guideline rules which would essentially make it easier for their buyout to succeed. according to the special committee they want $14 a share to change the rules. silver lake, michael dell, sources close saying they're not going above $13.75 a share. who might be smiling at all of this? michael -- carl icahn who actually issued a statement today which he said essentially all would be swell if michael dell

back to lori rothman adam shapiro. my money is on victoria for a girl. adam: really?ould bet on victoria if i was a betting person. adam: president obama kicking off a series of speeches with an address to the nation from knox college in illinois. rich edson has the story. reporter: after weeks of focusing on gun control and immigration, president obama is heading back to the midwest to push his economic proposals to replace some of the government spending cuts and increase this. on thursday he goes to jacksonville, florida to push congress to enact his proposals. >> we still have a long way to go to restore this. too many families are fighting to rebuild. if we move forward with the eyes fixed on the growing middle class, i am confident that we will get to where we need to go. reporter: administration says that the president will outline steps that the congress and private sector can take to improve the economy. president obama is getting ahead to a fall season of budgeting price. adam: rich edson in washington dc. thank you so much. lori: one thing that is boosting

liz: adam shapiro is right there to get the story.y have extended the deadline to make all of the decisions. again, now it is 13.75. watch out on this one. closing bell ringing in 45 minutes. you just heard jean munster recommend china's version of twitter. top business schools rushing to open mba branches in china. we have a special masters of business series. plus, up in the air. these may annoy you, but you are still flying it. one airline stock has been soaring more than 100% year to date. ♪ she's always been able to brighten your day. it's just her way. but ur erectile dysfunction - that could be a question of blood flow. cialis tadalafil for daily use helps you be ready anytime the moment's right. you can be more confident in your ability to be ready. and the same cialis is t only daily ed tablet approved to treat ed and symptoms of bph, like needing to go frequently or urgently. tell your doctor about all yo medical conditions d medications, and ask if your heart is healthy enough for sexual activity. do not take cialis if you

adam shapiro is in for david asman. >> these are people saying thank you, ben bernanke liz: nasdaq highest006 and others that propelled the apple and microsoft. >> many with 52-week highs and. amazon, microsoft, moves to the upside and nokia, doing their restructuring. adam: nicole, we point out investors are doing bargain hunting. beaten down stocks making gains. one my favorites, cliff natural resources. >> in the gold realm look at a name like newmont mining. some gold stocks, they're taking them today. liz: linkedin nearing about $200 level. >> good positive comments from susquehanna there for linked? that is one. reasons why you're seeing that one jumping. adam: bernanke's speech actually gave a boost to the homebuilders. how come? >> act absolutely. hearing from the fed head they're keeping everything the same for the foreseeable future, ultimately that is good news for reits and mortgage rates. ultimately that is good in turn for those homebuilders. as you see they moved big-time. they have been extremely volatile and have done so well. [closing bell rings] liz: bernanke clearly sai

adam shapiro. >> stocks jumping on them becky's remarks the dow and s&p 500 hovering near the closing high. and why we think the bull market isn't going anywhere fast. >> wheel is catching its breath and not after topping one had $7 a barrel less talk about the of pullback. lori: lou dobbs joins us as the house republican two-step bid on immigration reform. adam: the senate banking committee tackling reform so why after three years is dive franc still not done? we have charlie gasparino and elizabeth macdonald why they're still dragging their feet. right now we want to check stocks with nicole petallides now passed all time highs? >> correct. what is not dragging its feet is the market. we had a 1,000-point swing now here we are. if we would close right here right attitude take their record all-time closing how long dash high but the dow is in 2000 intraday high we have not hit that yet but we are seeing a great day on -all street. lot of this is field by ben bernanke and the fed. he said on may 22nd there is concern as they would taper but they have turned it around and they will be

connell: adam shapiro now live outside court said lower manhattan with the latest. >> reporter: of courserneys and the representative of sac capital pleading not guilty to the various charges of securities fraud and wire fraud. the next appearance in court will be september 24th. what is interesting is in the proceedings today during the arraignment there was a discussion about discovery which will take place over the next two months. it will be in the words of the u.s. attorney's office a voluminous amount of material handed back to the lawyers representing sec. the luminous, which includes wiretaps. up until this moment we have been told by sources closeeto the investigation tha nothing of substance in regards to wiretaps that might pertain directly to steven cohen who has not been indicted. the u.s. government has said that there are wiretaps. as we saw, those kinds of pieces of evidence, the wiretaps, can be crucial in obtaining a conviction. after the proceedings we intended to speak to the different attorneys about what is going on, business as usual. here's the other responded. >>

we're joined by two of my favorite people monica crowley and adam shapiro. for th impromptu news. edward snowden is seeking political asylum from 21 different countries but eight of them sa his request is not valid but roseanne barr and danny glover is oliver stone think he should be protected from prosecution they are petitioninghe president of ecuador to grant him asylum. like using will happen? >> we'll have an opinion but i don't think we know e. enough is see a trader or someone protecting his individual right? for the hollywood celebrity to think it is t soon. has see jeopardize the security of the united states or done something that will protect individual freedom? for oliver stone and roseanne barr to speak out it is premature. >> the president of ecuador? the roseanne barr appeal will make a difference? >> is she even on your radar to? >> he probably knows these people but don't think it will sway the president one way or the other but it ddes talk about the hollywood community. melissa: a russian rocket carrying three satellites worth $200 million

penney, foox business net workers adam shapiro is here. all tows credit card numbers?nt in different computer systems at nasdaq and credit card companies and they would steal your personal identification numbers your pin numbers and magnetic strip on the back of your card and they would sell ten dollars for an american customer, 50 for a european and clear off the magnetic strip and reprinted it and people worldwide would go to an atm and withdraw funds. >> hundreds of millions? >> we're talking a 300 million at three corporations alone so it will be more than 300 million. >> shep: it appears we are vulnerable all the time? >> here is the deal you got five people involved. two have been arrested. one is going to be extradited from netherlands. three are still at large. there are others involved. these five and others. so expect more arrests. >> shep: adam, thanks. another huge crowd of people greeted pope francis in brazil. this time in one of rio de janeiro's poorest slums. >> the pope told his followers, don't lose hope as he encouraged the world's wealthy to end wha

adam shapiro outside of federal court walt latest details. ng to be a status conference you might say on the 24th to find out how things are going with discovery, trying to find out if both sides are handing over the evidence, especially the government, if it is handing over the evidence it tends to use to built its case against sac. as you pointed out sac pleading not guilty. the peter nussbaum, general counsel representing the various hedge funds. although today was formal pleading of not guilty, yesterday sac put out a statement which they said the firm never encourage, promoted or tolerated insider trading and take its compliance and management obligations seriously. the government is attempting to build a case which will show they say that's not the case. also disclosed today that the government is part of the discovery, the evidence they're using to build their case against sac, wiretaps. we saw this in raj rajaratnam's trial against galyan. mr. raj rot nam was convicted. those wiretaps were crucial. expect seeing wiretaps in this case.

adam shapiro outside federal court in manhattan with the latest developments.ou can't really talk about the fund. >> that's right. yet what happened in court today did not involved and. just involved sac. they pled not guilty to the charges of securities fraud and wire fraud. the lawyers who were there to date -- this is where procedural @%formal pleating of not guilty. during the arraignment they waive reading the indictment of the hedge fund. missing in all of this is an indictment of steven palin new at this point seems to be out of trouble. as we hear from charlie gasparino demint that may change the -2 is in trouble? hedge fund, and it will be a long process. discovery is underway. a key are wired chance to tie wiretaps. the government today announced they have wiretaps that they will turn over to the defense team. general counsel for sac. here is our exchange. >> how are the spirits of the people at sac? >> find. >> a people distressed? of course they issued a statement yesterday in which they said the firm never encouraged and promoted to more tolerated

today we are joined by "spare change" titans, the crowley and adam shapiro.itans, without question first up, as it the san diego mayor has not caused enough of a ruckus in the city for a sexual harassment claim, he n wants the city to pay his legal expenses for the claim. what nerve. the key -- city council is meeting on how to proceed. i mean, the taxpayer is going to pay to defend them against the groping that he did not taxpayer dimes allegedly. >> cojones and then there are brass cojones. this guy really has a brass cojones. when he says he wants the city council to pick up his legal fees defendinghis case, he's talking about the taxpayers of san diego who he has insulted and is respected everyay he has been in officif these allegations are true. women have come fward and said he wanted me to come to work without panties. >> the definitio of chutzpah. i mean, he said -- melissa: a lot of good living here. >> as the taxpayers to pay for this. ammine, go away. he's been there what, eight months. melissa: i don't kno all right. this one is for adam. gran

we had a lot of fun with resident dream team, monica crowley and adam shapiro.arted off on a topic everyones loves, angelina jolie. angelina jolie announced that she had a double mastectooy. the actress said it was preventative and decided to do it after finding out she carry as gene which increases your chance of developing breast cancer. jolie made the announcement in an effort to inspire other women fighting the disease. everyone is talking about it today. do you think the message is successful? this is a money show. wend spend $16.5 billion a yearn prevention and care. we spends less overall probablyi would think. >> no, i think this is really important message, especially for women although men experience breast cancer too although not at same rates as women. for somebody like angelina jolie and so dynamic and gorgeous and known for her physical body, beauty, sex appeal, to say look, this was my medical choice. i made it my mother, in her case her mother died very young at 56 because ofo breast cancer. when she found out. everybody has the two genes, the br

. >> i am adam shapiro. good, but not free. that is the june jobs report. digits on that news. scott is coming up with the jobs number he is most focused on. lauren: sending precious metals tanking. old laws have come on top of the 25% drop already this year. adam: headlines from egypt. there are now reports that three protesters are

adam: i am adam shapiro. what you need to know ahead of the fed minutes. the attacks. adam: gene sperling will join us this hour. why that will boost the economy and cut the deficit. adam: we are guessing that lou dobbs has a little to say about this. adam: walmart is threatening to walk. possibly canceling plans to build in the nations capital. lori: let's head to the floor

tdd#: 1-800-345-2550 adam: hello, i am adam shapiro. lori: and i am lori rothman. the news today, detroit and bankrupt or see. an expedited hearing as michigan rages on. adam: home sales dropping, missing expectations for a longshot. we are going to have our fannie mae chief officer join us today. lori: when can we expect some relief at the pump? jumped up 12 cents last week. steve cohen, charlie gasparino, lasting efforts to but one of the most successful hedge fund managers out of business. you have to read charlie's book, by the way. it is remarkable. if you want to talk about insider trading, easy go to. let's talk with nicole petallides on the floor the new york stock exchange. what's going on

adam shapiro. >> stocks jumping on them becky's remarks the dow and s&p 500 hovering near the closinggoing anywhere fast. >> wheel is catching its breath and not after topping one had $7 a barrel less talk about the of pullback. lori: lou dobbs joins us as the house republican two-step bid on immigration reform

adam: and i'm adam shapiro. what did you come up on the markets.rk stock exchange. a good day for facebook. >> reporter: this certainly is. the start of the we are seeing. turning into green across the board. all three averages do have green arrows. the dow is now up by six points. had been down earlier. so you see here that we are gaining across the board. you mentioned facebook. that certainly is a name that has garnered plenty of attention. yesterday after the closing bell when they came out with quarterly they talked about ad revenue obviously on the rise. the stock hitting a 52 week high. of 27%. the ipo w

i am adam shapiro. lori: i am lori rothman. u.s. a fizzle in china. a nine-month low. underscoring concerns that the chinese economy is losing steam. gordon chang will join us. lori: less than 48 hours to reach an agreement. a live report. >> 40 million americans will hit the road this fourth of july holiday. we will tell you what you can expect at the gas pump. you may actually smile when you hear the predictions. right now you are smiling when you check stocks. nicole petallides is on the floor of the new york stock exchange. nicole: why not. for all those

i am adam shapiro. lori: i am lori rothman. vu all over again. home prices bubbling up. the best yearly gain since march march 2006. should we be worried where prices are rising the fast? lori: retailers are banking on back to school shopping sales to salvage this year. jennifer davis is here with this season's standout. dennis: security and convenience in a new sensor for apple's new iphone. lori: let's get checked in on the markets as we do every 15 minutes. let's check in with nicole petallides. stocks really fighting to stay in the green. nicole: right. we had heavier volume in the first part of the day. one trader talking about the fact that we are sleepwalking with the market. you do see that there are some stories stocks and the trend remains to the upside. you can see the tech heavy nasdaq is the best of the bunch. the banking index with off arrows. the drug index has pulled back some. let's take a look

adam: and i am adam shapiro. gold pushing higher. lauren: the backbone of this nation's economy. still hurting or recovering? a first-hand take with robb hilson in minutes. adam: how much did the pilot experience have to do with the crash in san francisco? the new push to reveal pilot records and reviews to the fine public. lauren: the muslim brotherhood rejecting plans for a new objective. cutting back financial aid to the troubled nation. adam: we want to check in with nicole petallides. nicole: so far, so good. here we are sitting at 15,307. we are looking out five of the six trading days. it shows you that the run has been a good one. the tech heavy nasdaq, the tech really glad yesterday. a couple of pieces of news that we did get, talking about customers being a little more scarce than they had hoped, we saw the imf cut its global gdp forecast. they are saddling it. whether or not they may be looking at fedex. adam: thank you very much. see you in 15 minutes. the fdic is proposing a raise to the bank leverage ratio to 5%. that is higher than that 3% level required. they all h

adam: and i am adam shapiro. gold pushing higher. lauren: the backbone of this nation's economy. ilson in minutes. adam: how much did the pilot experience have to do with the crash in san francisco? the new push to reveal pilot records and reviews to the fine public. lauren: the muslim brotherhood rejecting plans for a new

adam shapiro is actually on his way to the airport now to report live from dell headquarters in round there all day tomorrow and thursday. michael cross, michael dell excuse me, saying a lot of novinas if this doesn't happen. not looking good though. dennis: if you didn't like the deal, might go ahead and sell out of dell anyway. that might be your vote. >>> we're also on baby watch waiting for the most famous brit in the world to make his debut. they don't have a name for it but they're betting like crazy on this? tracy: i hope they use spencer in some part of his name. that was diana's maiden name. dennis: dion. tracy: prince dion a rap star. >>> coming up our special report, america's shale boom. we have pennsylvania governor tom corbett. he will tell us how natural gas has transformed his state. that is coming up. dennis: plus the pentagon is stepping into a battle with wireless carriers about billions of dollars of government spectrum about to go up for auction. we have the details next. >>> first we'll check how oil is trading. it's up. i wanted it to be down. ♪ [ villain ] well

adam: i and adam shapiro. lori: good afternoon. i am lori rothman. we will check under the hood of a giant ad merger. it would put coke and pepsi under the same roof. adam: that is a phase killer. city run healthcare into obamacare. had, we have detroit hopeful on why she is backing bankruptcy and why she wants to fire cabin or. adam: e cigarettes on track to rake in $1 billion in sales this year. we will take you inside manhattan's first store. cheryl: spike is a she. i cannot wait to meet her. that is a little bit later. let's head back to the floor of the new york stock exchange. nicole: e cigarettes are very popular. everyone will be waiting for that segment. five straight weeks of gains for the dow. today, pulling back some. down one third of 1%. you do have energy that has been weighing on the dow. we have had five straight weeks of gains. also, everyone waiting to see what the fed has to say. we did get some pending home sales in as well. the saks fifth avenue story, they own lord and taylor, it does include dead and gives them find real estate

adam: i and adam shapiro. lori: good afternoon. i am lori rothman. si under the same roof. adam: that is a phase killer. city run healthcare into obamacare. had, we have detroit hopeful on why she is backing bankruptcy and why she wants to fire cabin or. adam: e cigarettes on track to rake in $1 billion in sales this year. we will take you inside manhattan's first store

adam: and i'm adam shapiro. what did you come up on the markets. nicole petallides is on the floor of the new york stock exchange. a good day for facebook. >> reporter: this certainly is. the start of the we are seeing. turning into green across the board. all three averages do have green arrows. the dow is now up by six points. had been down earlier. so you see here that we are gaining across the board. you mentioned facebook. that certainly is a name that has garnered plenty of attention. yesterday after the closing bell when they came out with quarterly they talked about ad revenue obviously on the rise. the stock hitting a 52 week high. of 27%. the ipo was $38. down to about $17 change. people were really upset. you can see, the volume improving greatly as mobil ad revenue is good news. adam: all right. coming up later we will dig into the facebook earnings with michael factor from wedbush securities. lori: a preview. can be crash made by their competitor is crushing them. we will set you up for that as well. in the meantime, worldwide energy c