but adam shapiro what do you think?ds to gain here at a time consumer finding surer footing? >> surer footing, getting bigger pay increase than from employers with the lower gas prices. nordstrom, this is if you have extra cash and something special you go to a place like nordstrom. liz: nordstrom has outlet malls. that is what i'm always looking for. let's move it to something a little disconcerting, a lot disconcerting actually, we have a port slow down going on, due to the fact the port workers longshoreman have been working without a contract since july 1!. how did this go so long? barges are sitting sitting withs with what i want to give to my kids on holiday season? this could be a big problem. >> this disturbs, retailers kept inventories absurdly low. that suggests to me there will be a lot of out of stocks. buy on black friday even though price may not be the best. who benefits, oddly enough, walmart, which brought in all holiday goods earlier than many rivals. liz: they were ones that said they noticed port slo

fox business's adam shapiro, heritage foundation, steve moore.uyen wesbury, called it right so many times over the years, first trust chief advisor. gentlemen, honored to have you here. steve, what do you make of that theory, if republicans win and we have more progress on the economy that will set up democrats for 2016? >> boy, david, are you a killjoy or what? >> hey. come on. >> answer the question, witness. >> look, i think if, it all depend whether barack obama has it in him. is it in his dna to move to the% center? remember, 2010 was a huge megatide election for republicans. did barack obama move to the middle? no, he moved to the left and sharply to the left. my point is, if he were to move to the middle, pull a bill clinton, as clinton did after 1994 elections, 20 years ago today, yeah it would help democrats. if they run as far left-wing party or hillary or elizabeth warren, whoever it might be, cuomo, if they are running as far left-wing candidates no they can't win. i think they have to move back to the center. david: let me bring your

david: let's head back to adam shapiro at the new york stock exchange. i guess news is circulating there, adam. >> she is kelly cramer. before that she spent 20 years with general electric. she has been ceo for ge health care businesses and life science and diagnostics. she held different leadership positions for general electric. she will replace frank calderon. cisco coming in with earnings of 54 cents a share which beat the street which was expecting 52 cents. revenue slightly better than expected. street was expecting 12.16 billion. liz: thank you, adam shapiro. wilbur ross made a fortune betting on beaten down sectors. he is a classic investors. he is not distressed but invested into distressed things. he made billions in steel and coal at their lowest points. that is how he works. david: not to mention real estate. he has his eye on another out of favor industry. we have will lure ross, w.l. ross chairman and ceo. wilbur, we're all dying to know what is the newest thing on wilbur ross's mind? >> i think oil and oil service companies are getting to b

we have fox business's adam shapiro.newton, and rich karlgaard, "forbes" magazine publisher star of "forbes on fox" or one of the stars of "forbes on fox." rich, you and i have been arguing for this pipeline for years but i'm wondering with the price of oil plummeting is it still economically viable? >> you know, there is a lot of debate right now whether plummeting oil means global economy is slowing down or does it represent the strength of the dollar and all that will be sorted out? and most of the smartest people say that oil is going to settle in at about $70 per barrel. i think keystone pipeline is still viable and still strategically important at that price level. and, there is nothing better to create more high paid, blue-collar wages that an big project like that is market driven, not government driven. >> mark, could it still provide us with energy and create a lot of jobs? >> i think that is absolutely right. it i will was huge benefit not only to producers but also to gulf refiners a couple of different thing

here is adam shapiro. adam: welcome to risk and reward. i am adam shapiro.ine about control of the senate bill would about abortion, immigration and health care? those issues are hot topics on facebook's news feeds and you see with the headline are driving election results. profit is down ask ali baba and investors see gold by onetime charge, made out booze that chinese ecommerce giant's stock to an all-time high. controversy regarding sexual harassment and 27-year-old will have to hook up somewhere else. -pa day of political destiny fo republicans, fox business correspondent rich edson is part of the fox team following the election and joins us with the latest. when will the results board in? >> we will get results at 7:00 kentucky and georgia and if you want to see where this evening is goi

adam: i am adam shapiro on the floor the new york stock exchange.ng to go into positive territory. if they should close today in positive territory, six record close in a row for both. taking a look at stocks hurts today especially after five, six settled with regular readers over many no foreign currencies. jpmorgan chase among the banks, secret among the banks trading down at this hour after $3.3 billion settlement. look at the retail side. alabama trading up today after record sales on single stay in china bid alibaba is up as you can see almost 4%. reported today, jcpenney, see how that retailer does and cisco systems. more "countdown to the closing . cme group can help you navigate risks and capture opportunities. we enable you to reach global markets and drive forward with broader possibilities. cme group: how the world advances. [annit's working forny. new york state. already 41 companies are investing almost $80 million dollars, and creating 1750 jobs. from long island to all across upstate new york, more businesses are coming to new york. t

the dow is at a record high, greg hy, adam shapiro, is yours. adam: welcome to risk and reward. in for dierdre bolton. the democrats call it disaster. republicans call it salvation. social media call that a gold mine. the midterm elections send the country in the new direction and investors in social media to the bank. you can call voters in berkeley, colorado the new sourpuss when it comes to soda pop. they passed a first of its kind tax-cut promises to add $0.68 to the cost of a two leader bottle of pop even though voters across the bay let that idea fizzled out. next time you take in be sure to check out the state of the head technology the polls the keys

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fox business's adam shapiro is on the scene right now. adam, are you there? what do you see? >> hey, melissa. we're over by the memorial area now that this has all opened up. you can see the scaffolding quite clearly, on the south side of the buildings. we're on the south side obviously of lower manhattan. think producer was saying from the helicopter shot, you can see the scaffold cleaners were being rescued. someone earlier mentioned this kind of thing being a rare event. i remember covering one of these in twix at the hirsch build 2006 not far from 21st century fox headquarters. this happens from time to time. there are tourists from all over the world who come to this part of manhattan to take in the area. this is very calm. they closed off the memorial area where you can get. that has yellow tape up to keep people back. melissa: what does it look like from the ground? >> from the ground it looks very frightening if you happen to be one of two people on scaffolding. everybody is very calm. yellow tape around entire memorial plaza to keep people away. looks as if they have

adam shapiro at new york stock exchange. jcpenney is about to come out with ruts.on't call them earnings because they're expected to lose money but still way up before the report comes out. >> kim kardashian would say no ifs, and or buts. sales are slowing down but investors look to see if they improve gross margin. there has been improvement. update on ceo transition. marvin ellison will not be ceo until august but they are in play. liz: cisco is flat. we're awaiting earnings from this tech heavyweight everybody call as bellwether. they want to see action and movement here when it comes to earnings growth. >> they want to see earnings growth. street expecting 52 cents a share on revenue of 12.16 billion. this company in the fiscal year returned 13.3 to investors through dividend and stock buybacks. if they already said they see problems in emerging markets with slow growth. you would still be able to make gain especially with buybacks. david: adam, alibaba is back. they almost erased all losses from yesterday, right? >> can give you nine billion reasons why. repor

joining us from the fox business network is adam shapiro on the floor of the new york stock exchange. adam, always great to see you. >> good to see you, heather. when you talk about stocks being down, remember we have had six days of a winning streak. we're still doing very well. the dow is up about 5%. s&p is up about 10%. then you mention retailers. ho would have figured. take a look at video from black friday last year because walmart is coming to the table now saying instead of the chaos of just one day of sales, we're going to give you five days essentially. the whole end of the month of november for them will be a black, call it black week because they will have the best sales for five days, last week of november. adobe systems did a study which found the best time to shop to get best deals is the sunday and day before thanks giving. that is when deals are the best. but now walmart saying not only black friday sales all the end of november, so now five days, they will match online prices. they will be competitive with amazon. target already does this by the way. walmart making a

gerri: hello, i am adam shapiro and for gerri willis. the busiest travel day is turning into heavy winds, rain, and as much as a foot of snow, people flying face thousands of delays and cancellations and if you do get off the ground, your plane is probably stuck like a thanksgiving turkey. we have you covered on all angles tonight. teeter barnes is at reagan national airport. we have mark murphy here with us and our travel experts. we have needs no advice for everyone. but first, let's bring in janice dean to get the latest on the weather today. >> i wish i had better news. but we are dealing with this storm off the coast. janice: the good news is that we are not seeing the big snow totals and we are seeing random snow through philadelphia. and we are seeing the snow lines and pouty conditions and we are expecting this snow event as we go through the evening. the delays, an hour or two hours, three hours at newark, new jersey. hundreds of cancellations not only in the northeast but across the country very we have the ripple effect with d

gerri: hello, i am adam shapiro and for gerri willis.vel day is turning into heavy winds, rain, and as much as a foot of snow, people flying face thousands of delays and cancellations and if you do get off the ground, your plane is probably stuck like a thanksgiving turkey. we have you covered on all angles tonight. teeter barnes is at reagan national airport. we have mark murphy here with us and our travel experts. we have needs no advice for everyone. but first, let's bring in janice dean to get the latest on the weather

let's go to adam shapiro on the floor of the stock exchange. >> here at the new york stock exchange you can call ballet new bellwether if you want. gmv, gross merchandise value, it sounds something like sports heroes take to boost their performance. it's a metric. and a metric that measures performance was social media sites as well as social online retailers like alibaba. $9 million was the magic number in china and it's only going to grow from there. that stock was up 3.2 percent today. apple they were up at an all-time high. 1.4 percent. all time retailers macy's they were up 5 percent getting ready for the holiday sale season. charles: thanks a lot, adam. retail is what it's about today. unchanged, it was up huge. our old friend jim frischling. jobs guru, johnny courtney. political power player, scottie nell hughes. news director. hitha, not only our retail expert, but winner of the shoe contest. you came back with a vengeance. christian lou have a ton. good job. matt mccaul. (?) all right, guys let's are not. dig into the first real, real deal. now, the market, been under pressure,

adam shapiro live an applebee's in new jersey with more. >> that is right, several nationwide offering veterans and active-duty personnel but sometimes they come with a restriction a free meal all day long expect a million meals nationwide. they have had people coming five years in a row, six years they have done that. you were telling me the busiest day of the year coming of customers who have been here since the first time they ever did this. what keeps them coming back? >> they know we are dedicated o the different heroes. >> it is busy and it will be this evening, what is it about applebee's because some have restrictions good why the whole day? >> they are not just veterans from 8:00 to 12:00, they are veterans all the time. >> what are they saying to you and your staff? >> the thing i like most about what we do for them and what they are saying is they have a chance to meet the local veterans, they come here and celebrate and talk about this story in where they are coming from and they love to share that with us. >> we met world war ii part of the afrika corps. when you see someb

. >> i'm adam shapiro we have herbalife and it's a miss. the street is expecting a dollar 51.s a miss. it came 1.3 billion. they were expecting one point, 2 billion. the stock is down over 10 percent. liz, and david. >> want good news. liz: america, gearing up to hit the polls for tomorrow's midterm elections. republicans are expected to take the senate. some races we need to remind you are still too close to call. >> we need to remind you we will be on-air taking you through the whole election. i got the midnight to 1:00. what races should you be watching? peter joins us from the white house. >> republicans are growing more confident as the latest polls show some momentum going in their favor. they need to snag at least six senate seats from the democrats to take control of the senate. democrats are defending seats in seven states that mitt romney won over president obama in the 2012 election. the latest wall street journal poll shows that voters narrowly favor a republlcan controlled congress, but the white house said today that the democrats pitch as better defenders of the

let's get to adam shapiro. >> earnings per share, liz, 89 cents. adjusts earnings per share. expecting 89 cents. revenue a little itty bitty beat. studio revenue, 1.7billion. theme parks, 3.96 billion. liz, back to you. david: let's go to matthew harrigan from wunderlich securities. he is an analyst there focusing on disney. matthew you have a price target below the current price. your price target is 88. did you see the miss coming? down slightly after-hours. now a little up after-hours. what do you think will happen tomorrow? >> i hadn't gotten detail on the release. i have only seen headline numbers to be honest. pretty clear we had a blowout at the studio off-guard against of the galaxy. david: right. >> parks business. macro sensitivities there. you even have issues in the september quarter but with this quarter ebola perceptionwise. espn, frequently have timing issue on advertising and affiliate fees. the advertising market, as you're aware -- liz: just so he you know, they're blaming a decree at espn due to higher programing costs. the media network's revenue, 45.22 bi

now to adam shapiro on the floor of the new york stock exchange. a gigantic, big day today. fill us in. >> reporter: charles, you talk about saying thank you to the japanese, it was the news from the bank of japan lowering interest rates which did spark the rally, but there were other things that helped propel this market to new highs. the dow at a new all-time high and record close. chicago pmi came in with its best reading since july of 2007. and also, you know, the strong dollar is playing a lot in the drop in gold, we saw gold hit new lows and, what was it, 52-week low for gold at $1360 -- 1160 an ounce, and oil trading below $80 a barrel here in new york. that promises to put money back into the pockets of consumers who did hold back in september. but retailers promising a good holiday season, and they may be right especially with gas trading lower. even's expecting to have a little more change in their pockets. back to you. charles: thanks a lot, adam. that's going to be a big topic for us, guys, will the consumer carries over the finish line? here to help us figure it

adam shapiro. it is yours. adam: charles, thank you very welcome to "risk and rrward". bolton. thoss that are still holding the stock. -@facebook founder mark zuckerbg . they wanted answers on everything. from problems on their messaging app to why he always wears his gray t-shirt. a guaranteed way to boost your income more than 43%. a plan to help you earn more. ffderal regulators issuing a

i am adam shapiro in for stuart varney and here is how we pick off the second hour of "varney and companytween the democrats, senator shimmer admitting passing obama care was the wrong thing to do saying democrats failed to focus on the economic recovery in president obama's first term. there is senator harry reid's tax reform bill. the white house threatened to veto. the results, the bill was dead. and the executive order and immigration was the reason why. another hour of varney starts right there. ♪ adam: a huge admission. senator chuck schumer admitting earlier this week the passage of obamacare was a mistake and congress should have been pressing different issues during the president's first years in office. >> democrats blew the opportunity the american people gave them. we took their mandate and put all of our focus on a wrong problem. health-care reform. americans were crying out for the end of the recession, better wages and more jobs, not changes in health care. adam: ambassador john bolton joins us now. is this another example of the problem, the rift between democrats, and wha

adam shapiro is in for deirdre bolton. adam: apple faces a real threat.e out of the forces like apple operating system. we will put you in the front seat of a sale that includes corporate espionage and theft. there is no place like home. short or long term. we have the cofounder coming up in just a couple of minutes.