the next hour arne sorenson on fox business from of those, switzerland. connell: the east coast digging out from the snow storm, dump the foot of snow in some areas, flight cancellations and delays across the country and we have details on that. dagen: a free checking account from t mobile. connell: won't believe speaking of interesting with the oscar nominee jonah hill was played for his role in the wolf of wall street. numbers on that coming up on markets now. and she might have if notor kari, the identity thief who stole jill's social security number to open credit cards, destying jill's credit and her dream of retirement. every year, millions of americans just like you learn that a little personal information in the wrong hands could wreak havoc on your life. this is identity theft. lifelock offers the most comprehensive identityheft protection available. if jill ha lifelock's protection, she may have bn notified beforet watoo late. lifelock's credit notification service is on the job 24/7. as soon as they detect a threat to your identity within their

. >> we talked to arne sorenson, i don't think i say marty, did i? grab the tape.pologize. >> it's okay with me. >> perhaps we're talking about minimum wage. what is your take on the issue? >> the real issue isn't so much minimum wage. if you're earning minimum wage getting more wage is clearly important. the real issue is the fact there is a supply of unskilled labor around the world that continues to grow, technology is taking away jobs and let's face it, even though we've been in this recovery for four, four and a half years it's not been strong enough to generate job growth so we can talk about minimum wage but the real issue here is how we get jobs created in markets where there's demand so the wages go up all around. >> i wouldn't say that the administration is trying to oobc aught the shortcomings of job creation and failure. if you add people that aren't working in the participate rate, 7 sounds good but it doesn't feel like 7, that's all i'll say. to come out every two weeks and line up the good looking group of people behind him and talk about the minimum

sorenson,agnet, arne ceo of marriott international joins us right now. the normal hotel business. gdp business or is there a thrust of doing better than global growth? >> i think we are doing better than global growth, but demand is stricken by global gdp. gdp.t demand is driven by global gdp for the world as a whole. manhattan has benefited by the growth of the u.s. but a rising mass of middle-class people from around the world. people who never had the resources to travel before. where do they want to go? new york. >> you have just built the largest hotel tower in new york, previously it was mandarin oriental, high end. inn, we wereidence eal estate r prices. >> a great return. floor to hotel, ceiling windows and fabulous views. >> what does that say about our economy? could have a high-end property, why wouldn't you? canhere are people that that group is growing. family travels as an entourage. >> $1000 a night. >> you are going for the middle market, what is the distinction about the middle market in america? >> people are very different, they stay in luxury hotels for an anni