are not increasing the minimum wage but how and how fast you do it makes andfference says bill gates warren buffettdo you respond to that? is way overdue. years new since 1968 up and down the minimum wage has fallen beyond inflation. means that workers are giving a winfall to the andoyers year after year not getting that back pay. all they are saying today is well, let's bring it back to adjusted for inflation and in the meantime worker productivity is doubled. modestthis is the most thing you can imagine. and it will put tens of billions of dollars into the economy to stimulate the economy and create more jobs. brainer. is a no schaffl elfed y and rick santorum and romney for a minimum wage. >> how do you respond to the following. out even though you laid the 25 issues in unstoppable the alliance,left right wonderful book, i read it obviously. you thinkues where there can be coalition building collaboration on the hill and ever which poll and survey and study i read of late, ralph, suggests to me in one way or another that the american people know there is a system of government that is broken and

bill gates? warren buffett? >> reporter: i know, we're resting on the laurels. you should call me betty.et called all the time, ryan. >> i see you're playing along here, becky. you have a bit of a sense of humor. >> reporter: betty. >> thanks, becky. >> mindy agrees with you. >> i love that. thank you, betty. >>> skechers got a lot of good pr for sponsoring the winner of the boston marathon, now it's say it wants to buy the l.a. clippers. who doesn't if they've got the money. >> we're going deeper than just the headlines. we're analyzing skechers, the stock, on the fundamentals. speaking of movers, let es go to the break, call an audible, tlt, melissa lee pointing out on twitter, this t-bond index, a bond fund is up 1.5% this week. folks, for a bond etf, that's a big move. you probably likely have either russia, ukraine and our the u.s. dollar to thank, ot above both. we're going to take a break. ♪ [ banker ] sydney needed some financial guidance so she could take her dream to the next level. so we talked about her options. her valuable assets were staying. and selling her car wouldn't f

warren buffett including the annual paper talks. as well as interview with microsoft founder bill gates and warren buffett himself.ck. we asked people a question, how much money do you think you'll need when you retire? then we gave each person a ribbon to show how many years that amount might last. i was trying to, like, pull it a little further. [ woman ] got me to 70 years old. i'm going have to rethink this thing. it's hard to imagin how much we'll need for a retirement that could last 3years or mor so maybe we need to approach things dferently, if we want to be ready for a longer retirement. ♪ a short word that's a tall order. up your game. up the ante. and if you stumble, you get back up. up isn't easy, and we ought to know. we're in the business of up. everyday delta flies a quarter of million people while investing billions improving everything from booking to baggage claim. we're raising the bar on flying and tomorrow we will up it yet again. became big business overnight? ♪ like, really big... then expanded? ♪ or their new product tanked? ♪ or not? what if they embrace new technology instead? ♪ imagine a

warren buffett, charlie monther and bill gates. choosing your financial adviser, how to find one that fits and who do you trust?" on the money" starts right now. >> this is america's number one financial news program. "the on the money," becky quick. >> here's a look at what's making news as a new week on "on the money." federal reserve chair janet yellen testified before lawmakers on the house and the senate and said though that the economy is improving it still has a long way to go. to most people that means interest rates will stay low for a long time to come and that's good news as far as stocks are concerned. the dow and the s&p 500 had their best day in three weeks on wednesday after she spoke. they were mixed on thursday and rose on friday. earnings season chugs along. pfizer beating estimates, disney bl blew out expectations and tesla foal its outlook and zil low was beat as well. ali banna fighting for its initial public offering this week and is expected to raise more than $15 billion when it goes public. it could be the

warren buffett. i'll send it back to you. 8:00 a.m. eastern time, we should point out vice chair charleston munger and bill gates will be joining us livefett. >>> in addition to all of that, coming up next, we have more on the markets as the futures are trading lower. an update on pfizer. tdd#: 1-800-345-2550 trading inspires your life. tdd#: 1-800-345-2550 life inspires your trading. tdd#: 1-800-345-2550 where others see fads... tdd#: 1-800-345-2550 ...you see opportunities. tdd#: 1-800-345-2550 at schwab, we're here to help tdd#: 1-800-345-2550 turn inspiration into action. tdd#: 1-800-345-2550 we have intuitive platforms tdd#: 1-800-345-2550 to help you discover what's trending. tdd#: 1-800-345-2550 and seasoned market experts to help sharpen your instincts. tdd#: 1-800-345-2550 so you can take charge tdd#: 1-800-345-2550 of your trading. ♪ aflac, aflac, aflac! ♪ [ both sigh ] ♪ ugh! ♪ you told me he was good, dude. yeah he stinks at golf. but he was great at getting my claim paid fast. how fast? mine got paid in 4 days. wow. that's awesome. is that legal? big fat no. [ male announcer ] find out how fast aflac can pay you at aflac.c

warren buffett's three children and then you don't want to miss this. tune in on monday at 9:30 a.m. for liz's exclusive sit-down with warren buffett, bill gatesd charlie monger. i will be there. it will be rivetting. i hope you join all of us. >>> it is kind of an american dream even hollywood couldn't make up. a bombshell report on one of baseball's biggest stars is forcing mlb to finally face the music and to a different kind of american dream, one of the cheese variety, sandwiches falling from the sky and how you can get your hand on them. i can not wait. "piles of money" coming right up latte or au lait? cozy or cool? "meow" or "woof"? exactly the way you want it ... until boom, it's bedtime! your mattress is a battleground of thwarted desire. enter the all-new sleep number classic series. designed to let couples sleep together in individualized comfort. starting at just $699.99 for a queen mattress. he's the softy. his sleep number setting is 35. you're the rock, at 60. and snoring? sleep number's even got an adjustment for that. find your sleep number setting only at a sleep number store. know better sleep with sleep number. >> economic

warren buffett if you had the chance? you can tweet me at hash tag ask liz and you might see your question on monday when i spend an hour with warren buffett, bill gates, director of berkshire and the founder of microsoft. and berkshire hathaway's wife. stay tuned for that. and corporate america is doing? ask the ceo of net jets, the largest private jet business in the world's, a key part of berkshire hathaway. of fox business exclusive with ceo jordan handsome coming up. stay tuned. those litt things still get you. cialis tadalafil for daily use helps you be ready anytime the moment is right. cialis is also the only daily ed tablet helpsapproved to treattime the msymptoms of bph, like needing to go freently. tell yr doctor about all your medical conditions and medicines, and ask if your heart is healthenough for sex. do not take cialis if youtake , as it may cause an unsafe drop in blood pressure. do not drinklcohol in excess. side effects may include headac, upset stomach, delayed baache or muscle ache. to avoid long-term injury,gety if you have any sudden decrease or loss in hearing ovision, or any allergic reactions like rash, hives, swelling of t

warren buffett, bill gates and charlie munger, we had a wide ranging interview where they talked about their views on the market. >> you have thousands of corporations, some of them are going to be poorly run and some run in a very self-interested manner by the managers. can be a correction, changes needed in corporations, but they're not going to do it themselves. >> charlie, i'd love to get your opinion about what you think about high frequency traders. is the book right that lays out for michael lewis, they are skimming off the top and it's a fi fixed market? >> of course, they have an advantage, cleverly obtained and of course, it does the rest of the civilization no good at all. it's functional equivalent of rats into a granary. no, i don't like it. >> charlie. >> it doesn't seem like it's much lauded because you really need the liquidity, it's not guaranteed to be there, so i'm not an expert on it, but it seems like a strange sort of profit. >> it may create more volume, but that's not the same as being a liquidity provider. they've gained a natural advantage just by figuring out

we have people like bill gates and warren buffett who are -- >> people not like that, believe me. >>the day. >> it's roughly the same as the amount of money you have to pay in income tax. you can actually change. you could dial that back while you have, say, theoretically, 100% death tax and pay no income tax. >> where does that money -- where did that money go? that the government is not going to use it effectively. just because you give it to a charity doesn't mean they're going to use it effectively. why do we have people telling other people how they should spend their money or what they should do with this? >> david? >> well, the idea would be, first of all, not to, there wouldn't be any limitation on inheritance between spouses and for charitable organizations or what's necessary for dependents. but the idea is that if we do have a tap of let's say $100,000 or $200,000 lifetime cap, that might go a long way toward creating more in the way of equality and opportunity for people to succeed. >> always gets into the right people's hands. >> david, thank you for your -- >> well, pre

warren buffett. david: our own liz claman got a chance not only to speak with warren but microsoft founder bill gatesairman charlie monger who is always saying something controversial. liz asked warren why he believes, continues to believe in the medium of the newspaper. >> it's declining and it declined last year. declined the year before. it is declining and i would say there is no real evidence of a leveling off. the decline rate is not severe in many places. >> but to interrupt, warren, you threw that all the way to the front step of the clayton home. i made it to the front step. people can walk out in bare feet to get the newspaper. >> that's true. i need the exercise. you're very thoughtful actually. >> jeff bezos suddenly showed interest. that is company you're very close with. what do you hope jeff bezos will do? >> i hope he has success and anybody can do it is jeff. >> have you talked to him? >> i haven't talked to him since he bought it but no, i haven't talked to him. >> bill, amazon competitor alibaba, very interesting company, possibly may announce the ipo details this week. jack ma, fo

tweet me, tweet fox business, and monday morning live with warren buffett, charlie munger and bill gatesern. i might pick your question ask warren buffett. in the meantime, we'll have instant updates on twitter @liz claman all day standard from the meeting and tomorrow starting at 9 a.m. eastern, we're live with the whole buffett crew. stay tuned, see you then. cheryl: all right, thank you, liz. coming up, something every athlete in your life means, denim jeans that actually fit their muscular body. we have the founder behind a start-up that's heating up and stretching out sporty fashion apparel. that is coming up next. ♪ ♪ humans. even when we cross our "ts" and dot our "i's", we still run into problems. that's why liberty mutual insurance offers accident forgiveness with our auto policies. if you qualify, your rates won't go up due to your first accident. because making mistakes is only human, and so are we. we also offer new car replacement, so if you total your new car, we'll give you the money for a new one. call liberty mutual insurance at... and ask us all about our auto features,

we will be joined by warren buffett, charlie munger and bill gates.will be joining us to talk about bnsf. he is the executive chairman. gentlemen, i'll send it back over to you. >> becky, thank you for that. we have headlines to bring you up to date with what's going on this morning. a big deal. pfizer putting forth a takeover bid for pfizer. astrazeneca saying the $106 billion offer is in adequate and it substantially undervalues that company can. of course the big policy issue on that deal is the tax issues and moving of the headquarters and holding company to the uk. take a look at futures. futures likely to change at 8:30. the dow looking slightly higher, five points higher on s&p 500. 1.5 higher. nasdaq opening up 2.5 up higher as well. jobs report 8:30 a.m. eastern time. here are the numbers to beat. consensus says the u.s. economy added 215,000 new nonfarm jobs last month with unemployment dropping to 6.6% from 6.7%. >> less than half an hour from the big jobs report that comes out on the first friday usually of every month unless something wei

warren buffett, charlie munger and bill gates.with us the first hour of trade for the market. a big exclusive to have them in the first hour of trading. their opinions definitely matter and move the market. send me a question. tracy: that is awesome. i'm loving interview in the school also. thank you. dvr if you cannot catch us live, have a great weekend. >> what a week. first, we learn that china taking over as number one economic power in the world, then we learned that the administration may have misled us about benghazi. only 67% of obamacare envoys have actually paid for coverage. tonight, if the white house thinks this job report is going to erase all that company may have another think thing coming. i am david asman and four neil cavuto. all they we have been hearing everyone celebrated new jobs

warren buffett, charlie munger and bill gates.with us the first hour of trade for the market. a big exclusive to have them in the first hour of trading. their opinions definitely matter and move the market. send me a question. tracy: that is awesome. i'm loving interview in the school also. school also. thank you. ♪ oh-oh, oh, oh, la, la-la, la-la, la-la ♪ ♪ na-naa, na-na-na-na-na some things just go together, like auto and home insurance. bundle them together at progrsive, and you save big on both. ♪ oh, oh-oh, oh, oh hey, it's me! [ whistles ] and there's my dog! [gasps] there's my steps! i should stotalking. perfectly paired savings. now, that's progressive. >>> new developments tonight in the benghazi scandal at the center of these coach. s developments, an incriminates e-mail. the white house hastily constructed what was an awkward some might say clumsy defense of their words and actions. the white house now claims there were two, two sets of talking points given to susan rice before she went on five sunday talk shows and fam

warren buffett, charlie munger and bill gates.for the market. a big exclusive to have them in the first hour of trading. their opinions definitely matter and move the market. send me a question. tracy: that is awesome. i'm loving interview in the school also. thank you. friday night, buddy. you are gonna need a wingman. and with my cash back, you are money. forget him. my airline miles will take your game worldwide. what i'm really looking for is -- i got two words for you -- re-wards. ♪ there's got to be better cards than this. [ male announcer ] there's a better way with creditcards.com. compare hundreds of cards from all the major banks to find the one that's right for you. it's simple. search, compare, and apply at creditcards.com. first round's on me. ♪ ♪ know. >> i am banning mr. sterling for life. >> the ceo, brendan eich, has been forced to resign. vilified for his work. what is okay to say? the airwaves are filled with fluster and defeat. >> the hash tag cancel koger is trending.

warren buffett, charlie munger and bill gates.to have them in the first hour of trading. their opinions definitely matter and move the market. send me a question. tracy: that is awesome. i'm loving interview in the school also. school also. thank you. my dad has aor afib.brillation, he has the most common kind... ...it's not caused by a heart valve problem. dad, it says your afib puts you at 5 times greater risk of a stroke. that's why i take my warfarin every day. but it looks like maybe we should ask your doctor about pradaxa. in a clinical trial, pradaxa® (dabigatran etexilate mesylate)... ...was proven superior to warfarin at reducing the risk of stroke. and unlike warfarin, with no regular blood tests or dietary restrictions. hey thanks for calling my doctor. sure. pradaxa is not for people with artificial heart valves. don't stop taking pradaxa without talking to your doctor. stopping increases your risk of stroke. ask your doctor if you need to stop pradaxa before surgery or a medical or dental procedure. pradaxa can cause

eastern time, has a live, one-hour interview with warren buffett, and, of course, his vice chair, charlie monger, along with bill gatesliz. we might ask your question. molly, back to you in new york. >> liz, thank you so much. looks like a great time. in the center of the business world. thank you very much. >> she's having a good time. i'll be watching, by the way, to see that interview with warren buffett. i've got a question, how do we get it? >>> coming up, a mixed economic bag, unemployment rates are dropping. but the economy is barely growing, so are we heading in the right direction? [ female announcer ] it's simple physics... a body at rest tends to stay at rest... while a body in motion tends to stay in motion. staying active can actually ease arthritis symptoms. but if you have arthritis, staying active can be difficult. prescription celebrex can help relieve arthritis pain so your body can stay in motion. because just one 200mg celebrex a day can provide 24 hour relief for many with arthritis pain and inflammation. plus, in clinical studies, celebrex is proven to improve daily physical function so moving is

warren buffett on monday. the first hours that the market open fox business has warren buffett live with his vice-chair charlie monger and one of his directors. of course the microsoft founder bill gatesr live. it is a tradition fox business started. all the copycatters tried to do it the same but it is very special here. it is monday at 9:30. david, over to you. david: liz, don't you have to pay like $600,000 per question if you want to, for those auctions to ask warren a question? we're giving people offer to do it for free, right? liz: right, absolutely. you don't have to pay anything. come to ask liz, hashtag. david: thank you very much, liz, appreciate it. president obama and german chancellor merkel showing united front at the moment on ukraine promisings tougher sanctions if the crisis increases. what will they talk about after this union? we're also at the white house. would wouldn't you want to know if your luggage made it on the same plight youd did? there is new technology that will help you do that on any airline. we kid you not. details coming up. ♪ humans. even when we cross our "ts" and dot our "i's", we still run into problems. that's why liberty mutual insurance offer

warren buffett live. charlie monger, his vice-chair, and berkshire director and founder of microsoft, bill gates #askliz.ons and i might can them of these three what we call the richest minds. see you from omaha. >> had the jacket on. david: jobs report tomorrow you don't want to miss it. "the willis report" is next. gerri: hello, everybody i'm gerri willis. right now on "the willis report.," watch out tv viewers. two more big media companies may try to become one. we'll find out if this is good or bad for you. >>> also, a big change at the top of ford. >> mark, you're going to be great. so pleased that you get this opportunity to lead this fantastic company. gerri: what's next for ford and its customers? how to land a job right after graduation. we have the perfect tips. we're watching out for on "the willis report". there are already big changes coming to how you watch tv. we talked about them here. now there could be even

she will be speaking to warren buffett live and charlie munger and bill gates starting at 6:00 a.m.astern time on monday. >> the dow in the red. looks like we're selling off a little bit into the closing bell with the dow down 56 points at this hour. red numbers for the nasdaq and s&p as well. >> much more in the markets. we'll talk to legg mason's chief executive officer about where he sees the economy heading. you won't see him anywhere else. >> and we'll get you up to speed on two legal battles that couple pact your portfolio and wallet. general motors trying to stave off liability suits related to its big apple recall and apple and soo-nyung fighting over patents. the latest developments you need to know on those stories next. t. everybody knows that. well, did you know that game show hosts should only host game shows? samantha, do you take kevin as your lawfully wedded husband... or would you rather have a new caaaaaar!!!! say hello to the season's hottest convertible... ohhh....and say goodbye to samantha. [ male announcer ] geico. 15 minutes could save you 15% or more. [ male

. >> the thing is warren buffett, if you look at the tax rate that he's paying is not 35%. same thing with bill gates. if you say that bill gates is not doing anything to help the better good of society in the global economy, i think that's ridiculous, so just because you're utilizing the tax code to your advantage and shareholders advantage does not make you a bad person or bad corporation. >> got to go at this point. thank you for some good insights on that initiative there. appreciate it. >> 40 minutes to go to the close and the dow here is down almost triple digits. down 93 points. the s&p and nasdaq are almost negative. >> sears looking hot. it's up almost 30% this month so why do so many people think sears is going the way of the dinosaur. plus, we have stock pickers with their favorite retail plays. we're talking retail when we come back. >> also coming up, the middle east respiratory syndrome or mers is expanding. a look later at the latest developments. up. a short word that's a tall order. up your game. up the ante. and if you stumble, you get back up. up isn't easy, and we ought to know. w