we are bringing in cheryl casone when yso you think out of the bx when trying to buy a house. >>> new changes are on the horizon that might make seats safer. ♪ [ engine revs ] ♪ [ male announcer ] just when you thought you had experienced performance, a new ride comes along and changes everything. ♪ the 2013 lexus gs, with a dynamically tuned suspension and adjustable drive modes. because the ultimate expression of power is control. this is the pursuit of perfection. >> good morning. 22 minutes after the hour. the u.s. is about to destroy $7 billion worth of military equipment in afghanistan because it would cost too much money to ship it back home. some of the equipment includes about 2,000 of the mine resistant vehicles. these things are simply outdated right now. the destroyed materials will be turned into scrap metal. >> the faa is beginning to install air bag belts in airplanes. they are working with boeing on these inflatable belts which will better protect passengers during turbulence. air bag belts are becoming more common in cars. >>> one of the biggest job creators in americ

we continue with our "countdown to the closing bell" today with cheryl casone. yl: homebuilder stocks are getting crushed today after one analyst downgraded. nicole petallides at the new york stock exchange. which stocks are really taking a hit on this one? >> you talk about the homebuilders, i know the idea is the economy has been improving but the sector o the best of the group as we watch, what you are seeing is the downside. still positive on the sector, but actually the valuation calls and the fundamentals don't support how much it has run up so they downgraded to a neutral from an overweight. the "wall street journal" story over the weekend. it is up conceptual idea that perhaps the housing market is not as good as people think it may be. institutional type investors may be pricing out the regular guy and boosting up the prices for homes because they are buying them in bulk it in the individual out a little bit so maybe housing hasn't recovered quite as much as people think. you put the jpmorgan downgraded plus the "wall street journal" story together on a

now we continue to our "countdown to the closing bell" today with cheryl casone. right, thank you. the two sectors hit hardest today that we are watching materials and financials. nicole is on the floor the new york stock exchange. she is tracking those faccors and a lot more. nicole: i am tracking a lot more. the sectors we are watching so closely. materials and financials so economically sensitive among the worst performers today so let's take a look at some of the material names. already a loser all year long. dow chemical, mosaics, some of the names on the material sector. you turn to financials, the groups that have done so well on a day like today, down over 230 points at the lowest point today. themes in that group, on a day we are coming up off of the lows, watching the 15,000 mark. we cannot close below 15,000 since may 6. a big day on wall street. traders taking it in stride. cheryl: the volume, nicole. talking about it at the top of thep&ñ show. making the volatility of little bit easier for all of us. we will keep you standing by. a busy 30 minutes goin

all they have to do is say check on cheryl casone. cheryl: the most boring question ever.e roomba. i don't understand why they don't find ways to sell more of those. cheryl: you both interviewed them on friday, were you impressed? dennis: i think the stock is noe bottom line anytime soon. charles: work will come back are the defense contracts. that is what really hurt them. local contracts, municipalities. your local police department, that kind of stuff i think is under the radar. we will see about the high stuff. i have to tell you one more thing, 2014, they really see this company's revenues pouring in. if you wanted discounted response, dennis is your man. cheryl: fears that china will by dumping cheap cars onto theit world market. details on china car dumping coming up. dennis: protecting your business from hackers. a cyber consultant ahead with moves you can make right now. first, how the world currencies are faring against the dollar. i wanto make things more secure. [ whirring ] [ dog barks ] i want to treat mo dogs. ♪ our business nee more cases. [ male announcer

now we continue to our "countdown to the closing bell" today with cheryl casone. ♪ ♪ cheryl: the dowin today. nicole standing by at the new york stock exchange, and, of course, we've got jeff flock watching commodities at the cme. nicole, to you first. yahoo! and aol both moving higher today. what are you watching? >> right. it's a sea of green on wall street. we have a couple of names we do want to focus on. we'll begin with aol, bring it right to the post here. the stock is up 2.7% already which, of course, makes a lot of money from web video, now is trying to make more, and that's by, you know those pop-ups that say you may also like this? because they know what you may like, for whatever reason they follow you and know these things? but they are teaming up with a web content recommendation engine, and so that should help them along and as a result with this news here, this stock is already up over 20% this year, continues to gain strength. also watching yahoo! today with an up arrow. they are adding jobs in nebraska, but big news is that they are going to be giving users the abil

cheryl: i am cheryl casone. on the street but we are coming back from a triple digit losses worried the fed will slow the punch bowl. we have a debate ahead that will surprise you when you think about this. dennis: russia reportedly offering to consider asylum for the n s h a weaker as house of representatives gets briefed on data gathering. cheryl: new ideas, business innovation, harry shane is making money by challenging the big guys in the shaving game. dennis: tim tebow a patriot, the ceo on how sporting goods stores are cashing in and do it is top of the hour, stocks every 15 minutes, nicole petallides on the floor of the stock exchange, what is the dow doing their? nicole: the vix is higher, the volatility in your index, feeling a little bit of uncertainty in the markets, the dow has come off of its lows of the day, and here we are. and the upside momentum, the sell-off was all little overdone. it is 0.1%. the retail stocks, bank stocks showing weakness. i have got to get to news corp. parent of the fox bu

cheryl casone is here with the biggest fashion faux pas my name is paul ridley.. crossing an ocean with your body as the motor, it hurts. so i brought advil to help me stay strong during the toughest journey of my life. [ male announcer ] paul ridley had a choice of pain relievers, but he chose advil. because nothing is stronger on tough pain. nothing. not tylenol. not aleve. [ paul ] when people are counting on me to come through, my answer is advil. [ male announcer ] real people. real pain. real relief. advil. relief in action. when you experience something great, you want to share it. with everyone. that's why more customers recommend verizon, america's largest 4g lte network. >> steve: time for news by the numbers. six days, an american businessman held by his workers. he was released after he gave his workers more money. next, $2.1 million in cash, that's how much a mystery bidder bid for -- i think that's billion, isn't it -- for the empire state building. >> alisyn: that's a great deal you know what? absolutely. stuart varney has that in his pocket. $750,

cheryl casone is with you. do not go anywhere. ♪ ♪ >> home prices are up. so our home builders.f the last year. we sit down with the chairman and ceo and will ask when you're housing when remain high. eighty-one exclusive. and fed members take on a rock star-like status as investors and the media its rail their every move for hands on what the fed will do next. a couple of key pieces. we will tell you what you missed an what it means for your money. experts say commercial travel will become a reality, but once in space how will you pay for staff? and what if you see something that is a better deal on mars? how about paypall galactic? we will explain. "countdown to the closing bell" starts right now. ♪ cheryl: i'm cheryl casone in for liz claman. it is the last hour of trading, and just a short time ago, the cftc, the commo

cheryl: i'm cheryl casone. apple losing a deal.nment should butt out of patent disputes. dennis: shakeup at the white house, susan rice next for head of security. she blamed the benghazi attacks on a taliban bashing video. this is hoping to di vert republican attention from an irs scandal. a republican weighs in. cheryl: ordering groceries with the latest novel on amazon. will you buy it? as a result, we put the question to the twitter followers all day, and many of you are now answering. dennis: i don't know how amazon's making money with that, but stocks every 15 minutes, and, nicole, stocks way down. >> looking at session lows on our major averages as all three approach a full percentage point to the downside. the dow jones industrials barely holding the 15,000 mark, 15036 for the dow. noted moments ago, hitting session lows, and the s&p 500 lower today, down 1%, down at 1615. you heard john, equity partners talk about 1500 and 1600 as psychological level. on the dow, 28 of the 30 names lower. some cyclicals and economically sen

cheryl casone has three companies hiring right now>> we have a good mix today for you. a lot of good cities this one you may have heard of it's insurance mainly offer to do veterans and spouses and families. investment products retirement products and they also aim to hire the nation's investment. you will be in san antonio and military facilities as you know the underwriters claims representatives and those that can handle financial analysis. ranked as one of the fortune 500 companies. >> one of the best companies for hiring military and military spouses. >> the next one is interesting, too. i am going to go off the grid here. huntington engels industries. this is kind of interesting. they build and maintain nuclear and nonnuclear ships for the navy and the coast guard they are looking for several hundred people over the next few years the engineers people that can do it, craftsmen, machinists. they will be working right out of the building. it's in the area where they are concentrated where the shipyards are they are having a tough time finding qualified candidates. y

cheryl casone is here with three military friendly companies hiring right now. >> you know patti annhave 12 billion jobless right now total in the country. but so many of those are our nation's veterans. more vet tan -- veterans are slated to be return to go the united states. they have a tough job situation. several companies are out there trying to get these jobs to these veterans and trying to help them become enter paren newers. the first one is allied barton security services. if you have security clearances in particular they hire security personnel for businesses, for some government work as well. they have 2100 jobs. if you have the right security clearances you could really do well. this is a franchise opportunity all of these are. military friendly spouse employer rated top 100 by gi jobs. >> this is electrical. you never want to be the person trying to do your own electric work. at a residential commercial installation they need electricians shockingly enough and customer service representative. this offers benefits medical life insurance. they have 187 officeses. they are

cheryl casone is live with some of the top companies hiring this week.song "the long and winding road." ♪ winding road ♪ you left me waiting here looky is having. mommy's having a french fry. yes she is, yes she is. [ bop ] [ male announcer ] could've had a v8. 100% vegetable juice, with three of your daily vegetable servings in every little bottle. >> steve: one of the biggest job creators in america right now, franchises, by the end of this year action franchises are expected to add more than 8 million people to their payrolls. cheryl casone, ho is always looking for work for people, live outside with some of the franchisees looking to hire. good morning to you. >> steve, i told you over the last two years about all the franchises that are hiring. today i'm going to show you some of the franchises that are hiring. i'm going to bring in the president of the international franchise expo. it's going to be happening here in new york this week, couple of days later on this week. first let's talk about the first franchise today. they're going to be creating

laura ingram is here cheryl casone will be here. star craig morgan in studio to talk about his life saving career and his days in iraq and his days on the stage. we are going to have this little girl she is 12 years old. she was the highlight at the miami heat dwam -- game 2 against the san antonio spurs. now i have to go tan. look what mommy is having. mommy's having a french fry. yes she is, yes she is. [ bop ] [ male announcer ] could've had a v8. 100% vegetable juice, with three of your daily vegetable servings in every little bottle. test. >> welcome back. it is about ten minutes till the top of the hour. the tanning tax is here to stay. the i.r.s. making the 10% tax permanent. it was put into place in 2010 by obamacare. the tax was expected to raise $2.7 billion to help pay for the law's hefty cost. >>> maybe you're better off taking the bus. a new study finds nearly 40% of designated drivers also consume alcohol. one in five had blood alcohol levels high enough to impair their driving. that's the designated driver. >> before

. ♪ cheryl: i'm cheryl casone in for liz claman. it is the last hour of trading, and u.s.tocks are mixed on wall street today. blackberry is getting hammered after reporting disappointing earnings. check out the intraday chart. the stock right now falling down almost $4. that is a loss on a percentage basis of almost 28%. this -- suffering the biggest one day drop in more than a decade. much more in a moment. this could be the final act for the company. one of the biggest losers dragging down the day throughout the session has been ibm. down almost $5. two and a half percent loss. down about 9% for the month of june. analysts say that ibm was being led down by the tech services firm after it lowered its 4-year outlook on the stock. and we cannot forget gold today. 1169 an ounce. august 2010. suffering its first quarterly loss. trading in 1975. investor concerns over the fed plans to wind down the stimulus. gold, as you can see, 1227. less than an hour left in the second quarter. was checking with nicole petallides at the new york stock exchange with a look at the s&p winne

now we continue to our "countdown to the closing bell" today with cheryl casone.ight, clearwire hitting a new high today as the rest of the market falls. nicole petallides attthe new york stock exchange, let's take a look. i have a sea of red, nicole. >> reporter: we do. the dow down 360 points tacking on to yesterday's 200-point loss. but for one brief moment, we're just going to move to wireless for a moment, because we did see clearwire stock halted on this news and then surging to new annual high. so sprint raised its buyout offer for clearwire. don't forget that sprint already is a clearwire majority shareholder. they upped their bid to $5. they had previously had a bid of $3.40. there's another player, dish. dish network also wanted to get in there, because the wireless services market is huge, and they're both battling it out now for clearwire. so now the meeting that was scheduled to be on june 24th is being pushed back to july 8th for the shareholder vote, and that'll be key as well. now, t-mobile which was another player in this, right? if this all doesn

tweet us at dennis kneale, at cheryl casone and fox business. portant apparently. cheryl: bill perez tweeting me, irs and nsa agents like a dumb and dumber, followers have a good sense of humor. dennis: this is more than a overreach, big brother telling us what to do and if we do not comply there is trouble. cheryl: the have chairman of the intel committee, and stealing american intellectual property. and on tuesday. >> you need to be tough now. this is a crutch for them in the sense of 7% social programs. they added by theft. it is unsustainable in the economy and not good for their economy. this is the time for tough love. cheryl: chinese cyber intrusions cost u.s. businesses $300 billion annually. and there on the rise. the cyberdefense turning to cyberinsurance, joining me is the ceo of specialists then walterman. you have been doing this for eight years. what did you see eight years ago the rest of us are picking up on now? >> a few things pulled the big thing that is picking up is more and more tax on small firms so historically the big ret

cheryl: i am cheryl casone. dennis: the s&p issuing a better outlook. justice department searching for the man that leaked information. they found him. cheryl: new ideas. companies and people making money through innovation. what is old is new again. cheryl: top of the hour. we have nicole petallides at the new york stock exchange. nicole: there is still a business for it. the dow jones industrials up about 15 points right now. you look at the stats in the last several sessions, we really have had some big swings. you can see the tech heavy nasdaq up three tenths of 1%. some of the dow component doing well. we are seeing oil and gold mixed. we have some weak numbers out of china. cheryl: japan, a two-year high for that market overnight. thank you, nicole. the market should not be worrying about the fed moving away and tapering off. you have people saying it will happen sooner them later. >> i think a lot of people are fixated on the stock market performance. when will the tapering begin? the mandate is focused on mandating employment. therefore, with inf

. ♪ cheryl: i'm cheryl casone in for liz claman. it is the last hour of trading, and u.s. today. blackberry is getting hammered after reporting disappointing earnings. check out the intraday chart. the stock right now falling down almost $4. that is a loss on a percentage basis of almost 28%. this -- suffering the biggest one day drop in more than a decade.

cheryl: i'm cheryl casone. ray plot targeting the new york stock exchange foil by the nsa.dennis: the cyber threat, your smart phone banking apps in the cross hairs now, talking with the ceo of a company banking on protecting you from the hackers. the men of the trading day, hands down, ben bernanke and the fomc members stopped soared 106 ahead of tomorrow's meeting with speculation running the gamet, but one of the signs big ben could exit the fed. cheryl: as construction rises, a guest says a new housing bubble is inevitable. first, to this, dennis. >> breaking news, the fbi says the nsa program helped foil a bomb plot targeting the new york stock exchange. woe don't know when this was. >> the fbi confirms with fox business they uued bis clay internet and phone tour vail lance to foil a plot, last decade that started in yemen to bomb the new york stock exchange and used surveillance to uncover 50 and more terrorist plots around the world. here's whaa happened at the house intelligence committee hearing just moments ago. >> in recent years, these programs together with oth

coming up next, cheryl casone is here with five companies hiring this week, including one with over 2,000eter: and he was just three years old when doctors discovered he had a rare advanced kind of cancer. doctors have no idea how he beat the odds, but the boy does. he says he was saved by angels. you will meet him coming up on "fox & friends" hey, it's michelle bernstein. here to take your lettuce from drab to fab with new lean cuisine salad additions. just byol. first, thaw your dressing. next, steam your grilled chicken and veggies. then, dress it. add your crunchy toppings. and voila. enjoy. ♪ or turn nature into power. ♪ night wasn't supposed to look like noon. ♪ and we certainly weren'supposed to haul 30,000 pounds up by the bootstraps. ♪ but with best-in-class 850 pound-feet of torque, ram can. ♪ this is the full line of new ram commercial vehicles. here's to the next frontr man isn't supposed to ta on. guts. glory.am. icaused by acid reflux disease, relieving heartburn, man isn't supposed to ta on. relief is at hand. for many, nexium provides 24-hour heartburn relief and may be av

cheryl casone from "fox business" network tells us some stuff to avoid so you get the job and you're through the door, they look and it's the first thing employers do is go to facebook and twitter and linkedin. 92%. this seems obvious, but bleach it or not, it's not. inappropriate posts or photos out on the web. you probably looked great in that bikini in cancun, but do not put it on facebook. leave that on your personal computer. don't put it where it can be posted. >> steve: look, it was water in that red solo cup, mom, dad, employer. i was reenacting the conehead movie. >> yeah. the cone looks great. this is my favorite. i mean, this -- you should put this on the top of the resume to insure that you will not get the job. >> steve: also, poor gramar or spelling problems because the last thing you need, you're trying to hire somebody, there is a thing called spell check. >> believe it or not, recruiters are most offended -- more offended by grammar and spelling skills than alcohol or references to drug use. believe it or not, this is the main thing. now, you're going to post somethi

cheryl casone from fox business has five companies hiring.urance, banking, investment products. they serve the military. they got 3500 jobs coming over the next three years. 1,000 will be in san antonio, texas. 1,000 in phoenix, arizona. those are military heavy areas of the country. underwriters, reps for claims, financial analysts, and they give benefits obviously. like health insurance. >> steve: and hire a lot of vets. >> yep. they also serve military veterans and their families as well. they're very recognized. >> steve: huntington ingall industry. >> say that ten times fast. they maintain nuclear, nonnuclear ships for the navy and coast guard. they've got several thousand jobs opening. i.t., electricians, machinist. 15 to $24 per hour. they will building a nuclear aircraft carrier, the gerald formed. they're paying people where they got their yards to build the ships. she maintain or decertify older ships. >> steve: cirrus makes the five passenger airplane that makes a parachute. >> it's always good to be wearing a parachute when you're

asked teenine to mike cheryl casone, 41. cheryl: we continue to wait for the president.e pictures. he is expected to touch on those controversies. a lot of scandals rocking the white house. you will be talking about health care as well. it will take you to the president and san jose when he begins to. dennis: that conversation with the chinese leader, stop packing america. yet all these revelations that the american government is checking america. cheryl: opposed to be at the top of the agenda. certainly still well as the me tonight, but he has all these other issues including prison which we are now finding out is even broader. dennis: looking at live searches, able to get your live searches are mine. interesting. waiting for the president to start, but we will go check on stocks now. cheryl: i would think you would be loving this right now. dennis: nicole petallides is loving it, too. >> reporter: to love it. love is so much. let's take a look. the dutch as industrials 30 points off of the earlier highs. up about 177. really predicting that when you pull back and go ba

cheryl casone is here with tips on what interns should never do. oh, oh >> this is a job. of an internship, especially with unemployment, as an entry level job you and got to dress the part. take a look at what happened with our intern. hey, melissa, i need you to go to a meeting for me this morning. never mind. i'll go. he probably -- she looks great. obviously loving the jewelry. wear that at night. go club not guilty that outfit, but don't come to work in that outfit. that's the worst thing to do. you may love that t-shirt, don't wear it at work. >> gretchen: okay. so don't be a walking wardrobe malfunction. number two, don't complain once you've gotten the job. >> yeah. you are there to work. this is serious. we're not bringing you in for an internship, to come in and hang out and eat bonbons all day long. >> what do you think of the internship so far? >> i thought it would be more glamorous. i keep going to work and think when is it going to be interesting? [ laughter ] >> gretchen: that's what i tell young people all the time. tv is not glamorous. >> yeah. you're the

. ♪ no i am cheryl casone. dennis: i am dennis kneale, the dow up 54.s the time to change your investment strategy? we want to hear from you with our twitter talk of the day. cheryl: stormy weather from washington literally and figuratively, latest on the tour into recession threatening airports and power facilities in d.c. and all over the east coast and the storm with two commercial committees holding hearings today. dennis: new ideas on a week-long look on people and business making money through innovation, self-described serial entrepreneur, c e l f shutter stop. nice. cheryl: stocks every 15 minutes. on the floor of the stock exchange. and it is only new. >> you look at what is going on with futures and global markets. and the trend remains. and and the up trend in place. and a pull back, uptrend, still in place. green, the nikkei sold off, and economic news and retail sales back above the 15,000 mark. the fear index with the down arrow. dennis: with more on the market's charles dean, and the chairman drew kneale, is the rally fuelled by japan and

. >> i'm cheryl casone with your fox business brief.ma dropped its $8 billion hostile bid for elon when it with drew appeal of ruling by ireland's regulators on takeover panels. they said they couldn't modify the terms and bid after the fact. >>> meanwhile, georgia pacific is extending its roughly 1 1/2 billion tender cash offer for buckeye technologies again, this time by a week. the paper products maker says this extension is being made to satisfy regulatory requirements. georgia pacific says 82% of buckeye shares are tendered to the offer. >>> retail me not.com has its sights set on wall street. the online coupon company plans to list on the nasdaq under ticker, sale. we love that. that is the latest from the fox business network, giving you the power to prosper. lori: all right. well does the default in detroit foreshadow a bigger implosion in the municipal bond market we've been waiting for and waiting for? fox business senior correspondent charlie gasparino joins us with his take. >> ask you finally? ashley: meg whitman? >> meredi

i am cheryl casone. dennis: moving down into negative territory. manager who says not to worry. markets are heading higher. cheryl: what violence in turkey means to investors here in the united states. we'll ask him what he sees now. new ideas, our weeklong series on business innovation. why online ticket sales are up. we are coming up right now on the top of the hour. stocks now and every 15 minutes. we are pushing session lows. what are you watching? nicole: i am watching what some of the traders are looking at. some of them send out midday stocks. we are getting closer and closer. we've broke through yesterdays lows. we got closer to the 15,000 mark. we talked about the fact that the market has two immediate masters. you have been watching fox business, you know what they are. more specifically, again. they have been driving this market. that is something we are watching and keeping an eye on volume as well. right now, you can see that the dow is down 57 points. names like hewlett packer doing really well. bank stocks pulling back. the markets wi

cheryl: i am cheryl casone.er after the largest stock sell-off since 2011. chad morgan zillow lander and oliver porche here to tell you how to play this market and sticking around as they go head to head in a brand-new series, fox business summit time showdown you not going to want to miss. dennis: mortgage rates shooting up and to buy a home or sell what we have advice now. cheryl: restoring apple's chambly day guest is says is simple, you need to be cool again, ideas how to achieve that coming. dennis: stocks every 15 minutes after two days and 550 down points stocks and commodities zigzag with phil flynn in the pits of the cme and nicole petallides at stock exchange. nicole: you are counting, and investors at home get nervous when they see those back-to-back losses particularly yesterday over 300 points, and today and coming back, down 100 points and we have a feeling people are nervous. that is the kind of environment we are going into a weekend, we have some rebalancing happening on wall street. people are

. ♪ >> reporter: about -- i'm cheryl casone with your fox business brief.ound to other nations. according to a report from the organization for economic cooperation and development u.s. is now in 14th place when it comes to college completion rates three adults. apollo global ep energy reportedly laying the groundwork for a wall street debut. the oral and gas company is working with investment banks to prepare for an initial public offering incentives this year. initial firing. and not the only thing getting ready for a comeback. the new owner of drake's cakes says the tasty treats will be back on the shelves by late summer, early fall. including the bonus. that is the latest from the fox business network, giving you the power to prosper. lori: seen. adam: now that the feds are closing in on civil charges against the former head of mf global, fox business senior correspondent. charlie gasparinoohere is meditating. he is channeling. were you doing? >> reporter: just so you know. listen, we have been reporting that the feds are closing in for like two years n

cheryl: i'm cheryl casone. dow down ten points now, but we have fed jitters out there.til we find out if they signal the beginning of the end of the stimulus program. could be a changer. more coverage coming up. dennis: president obama defends nsa snooping meeting with germany's president not keen on it. we have a guest ahead op granting immunity to the tech companyings that cooperate with the nsa. cheryl: betting op the children's television market. dreamworks stock higher as they are a big player in kid vid. dennis: it is almost the top of the hour, ahead of schedule and ahead of the fed. stocks every 15 minutes kicking off coverage, phil flynn in the trading pits, and first, nicole? >> what's interesting is the volatility or lack thereof here today is everybody is in a wait and see mode, dennis and cheryl. the dow jones industrials now down 16 points, but what's been ever present since march 22 when we started to hear -- sorry, may 22 when ben bernanke eluded to the fact that it could be in the future, there's wild volatility, which was the norm over the last several

. ♪ nippon markets now, i am cheryl casone, dennis, the sell-off.use they are taking away the crack pipes. markets selling off as wall street is worried the money is going away and we are all over it with the trading pit that the cme or even on main street. cheryl: speaking of main street help wanted despite initial jobless claims rising and pressure on today's stock market with the dow down 203. the c e l is here with a survey finding hiring of professionals is on the rise and not just in technology. dennis: airplane manufacturing taking off, an analyst calls it an unprecedented good time for that industry. cheryl: lot of partying happening in the industry because it is not happening on wall street, top of the hour and stocks every 15 minutes, the major market sell-off that began in the last hour continues today. those declines, the dow down 197 points, a team coverage on the fed fallout of the day, the sell-off overseas, phil flynn in in the trading pits of the cme, we start with nicole petallides on the floor of the new york stock exchange. volat

. >> i'm cheryl casone with your fox business brief. on wall street pushing four dow components to new fifth highs today with industrial giant 3m and unitedhealthcare hitting record highs. the dow is up 176 points, barely off session highs. >>> shares of orchard supply hardware stores are soaring despite the company filing for chapter 11. investors instead focusing on the hardware store chains perspective agreement with lowe's. in an auction of orchard's assets, lowe's will pay $205 million in cash as a stalking horse bidder n bankruptcy proceedings this is refers to the first bid for the company assets. >>> wal-mart is recalling 5200 outdoor seating groups because the swivel base on chairs can break. that poses a fall hazard. it affects metro 6 piece and montrose sold by sam west west which does business at sam's club. adam: if you like the jeep grand cherokee, listen to this. the national highway traffic safety administration has given chrysler until tomorrow to formally respond to its recall request of 2.7 million jeep vehicles. the

. >> i'm cheryl casone with your fox business brief. ge capital is getting a new chief executive.ffective july 1st, keith sharon will replaced retired mack kneel as ceo. he has been ceo for 14 years and vice chairman since 2007. jeff bornstein will succeed sherin as cfo. >>> coty has the initial public offering today after several delays to the market debut last year. "wall street journal" says that the could raise $14.1 billion. that could be largest ipo for a consumer products company. >>> pandora is buying an fm radio station in rapid city, south dakota in order to qualify for lower music royalty rates. pandora pays out 8% of revenue in fees. that's latest from fox business, giving you the power to prosper. lori: breaking news. facebook launching a new attempt to keep users excited and interested, taking a page out of the twitter playbook. hashtags. according to our friend at "the wall street journal" facebook will introduce hash tags in a push for real time conversation. hashtag, too much time on your hand. adam: social media overload. >> social media addiction. adam: charlie

. >> and i'm cheryl casone. moments away from the chief interview.ees better times ahead the ones that sequester is in danger in growth. dennis: you would not know it from the latest tech in the u.s. new ideas, wrapup of the week-long series business innovation. two heavyweights. cheryl: new privacy concerns is accompanied proposes replacing year-old social security car with a new modern version. top of the hour, of course. we're approaching it. stocks every 50 minutes. nicole petallides on the floor of the nyse-listed rita perching session lows. multilayer again. >> reporter: the back and forth. above the lows of the day. with the last half-hour, we have, buffaloes. 15,100. off of one-half of 1%. public that, last friday we are seeing a losing week here on wall street. you just mentioned volatility. the fear indexes lower. it's jumping. the dollar is to the downside. imf cutting their growth outloo. that is not great news. also in the outlook on the financials. getting a gauge on the market. goldman down more than three-quarters of 1%. for your dow

. >> i'm cheryl casone with your fox business brief.age rates climbing for a sixth straight week. according to bankrate.com the average rate on a 30 year loan setting a new 14-month high of 4.14%. >>> wal-mart reportedly hiring only temporary workers at many of its u.s. stores. according to a reuters report, 27 out of 52 stores surveyed were hiring only temps. this marks the first time the world's largest retailer has done so outside the holiday shopping season. the company spokesman says to assure appropriate staff something there and not a consist cutting move whatsoever. >>> yahoo! plans to delete all user names that hasn't been used in the last year. they hope to help customers. in order to avoided a purge, you have to act by jewel 15th. that is the latest from fox business. lori: well the head of the fbi defending the legality of the nsa snooping in testimony in front of the hoist judiciary committee. here is some of it. >> the fisa court has approved both programs and these programs have been conducted consistent with the constitu

cheryl: i am cheryl casone in for liz claman. the dow is actually 15,263 points.le day on the dow did the s&p is higher, the nasdaq is higher, a fraction for every index. into the final hour of trading. the market today can be described as indecisive. going back and forth throughout the session. the s&p rating agency forecasting and improving u.s. economy the optimism appeared short-lived adding to the volatility of trading today. here are the top stories right now. robert gray in san francisco.

. >> i'm cheryl casone with your fox business brief.ing its global jet demand forecast for the next 20 years. the world's largest plane maker is projecting demand for more than 35,000 new aircraft. valued at $4.8 billion. that sup 8% from last year's estimate. >>> they are releasing current market outlook in the global demand for the jet market in the upcoming two decades. >>> first flight for the airbus a350 may come as early as friday morning that is according to a report from "the wall street journal" if the final testing is compaay will likely confirm friday's plans. >>> stocks under pressure after the bank of japan disappointed investors by holding a policy study. federal reserve considering tapers its stimulus program is weighing on the market. that's the latest from fox business, giving you the power to prosper. lori: all right. direct your attention to the dow. getting a certain amount of volatility here. wild day for the markets. moving lower again after climbing back from a 145-point deficit at the start of the session. climbi

. ♪ >> i'm cheryl casone with your fox business brief.rk is huing hsbc accusing the banking giant of ignoring state laws that helped financially strapped homeowners negotiate better mortgage terms and stay in their homes. new york attorney general eric schneiderman announced the suit at a press conference in buffalo. an hsbc spokesman says the bank doesn't comment on on going litigation. >>> home prices posted the biggest annual gain since february of 2006 thanks to growing deman and low inventory. according to corelogic, prices soared more than 12% from the same time last year. of the lower 48 states, nevada had the largest year-over-year price jump. >>> the u.s. trade deficit climbed 8.5% in april, short of analyst expectations. trade deficit is $40 billion, versus the 41.billion that was forecast. that's the latest from fox business, giving you the power to prosper lori: today could be d-day for steve cohen's sac capital the fund tallies up investor redemptions and weighs whether to remain in the hedge fund business. charlie gasparino

zero heartbur >> i'm cheryl casone with your fox business brief.rging their way on to wall street following a better than expected jobs report from the government. today's rally is lifting stocks into positive tear for the week. look at the dow. we're up 165. >>> investors are betting on scientific games. after the company landed a contract to provide a lottery system for states in hungary. they signed a five-year contract with south carolina for lottery services. they provide end to endgaming solutions for lotteries worldwide. >>> target planning a to roll up its, starting organic plan, simply balanced. this is the outgrowth of existing products within the existing archer farms program. they will start with drinks and snacks like corn shims chips among other things. that's the latest from fox business, giving you the power to prosper. dennis: today's jobs report lifting all the major stock averages to positive territory for all week long as a volatile week. is it enough to keep the rally going? joining me jeff klinetop, chief market strategist for

. >> cheryl casone and dennis kneale about to take us through the next hour.ll you took a little while to start up the market but not a lot of starch. what will happen ultimately as we look at what point may be all of it won't impact the news at some point the fed will taper and will even raise rates. i think the market will get used to it. we didn't collapse, off 100 point120points earlier today. a worst-case scenario leading to people who only thinks stocks are up because of the fed action. if we close positive today the best news could be all the fed worrying, the fed height may go away and we can trade on the rumors. what o you think? cheryl: is this a bull case? charles: i am bull at least the last few months of the year. dennis: dow 16,000 by the year-end. charles: i am with you. we will see. cheryl: ca cannot come either w? can somebody else pay? dennis: you can buy. charles: ben bernanke is buying. cheryl: thank you charles, charles payne. some of the best managers will be here. they have picks they say will make you money absolutely. dennis: lets go t

cheryl casone, hey, cheryl, getting physical on the plaza with them coming up next. >> megyn: first onhelp myself" by the four tops, made it all the way to number one on the charts. ♪ i can't help myself ♪ 'cause i love you and nobody else ♪ look what mommy is having. mommy's having a french fry. yes she is, yes she is. [ bop ] [ male announcer ] could've had a v8. 100% vegetable juice, with three of your daily vegetable servings in every little bottle. >> brian: unemployment rate for 9-11 veterans, staggering 7.3%. but there are some heros on the home front helping our soldiers settle in on a career and it's a great career. you're here to tell us about it. >> i am. this is the american council on exercise. this is the ceo. this is scott goodson. this is sergeant james. he's part of the program. real quick, james, you want to be a personal trainer. i have featured personal training jobs on this segment. this is a career path for you. why? >> long ago someone helped me get into shape and i think it would be great to be able to help someone else get into shape. and to make a living doing

cheryl casone from the "fox business" network joins us now with two men who not only got jobs, they are> that is right. i am joined now by newly hired highway 55 master franchisea rick and garrett, and the founder of the ceo highway 55 burgers, shakes and fries, kenny moore, in the t-shirt. thank you for making the trip up. rick, you and your family watch "fox & friends" every day. you see me in january. what happens? >> well, i had been investing in real estate and had a long career in medical sales for years. i saw the show. i had a son just graduating from the university of alabama. he was very aggressive, very ambitious. he wanted to do something himself. i saw the show and i thought, this could be a really good match. >> you thought, i'm going to maybe put some money down and open up some highway 55 burgers? >> i wanted to investigate. we did the due diligence on it and what we found out is that had an excellent branding, the business model with the company was wonderful. the people were great to work with. >> you know garrett over here. garrett was like, you pick up the phone and

whether that number goes down or not, cheryl casone from the "fox business" network is here with fiverning to you. >> good morning. yeah. we are going to get that big jobs report this friday. it's going to be a little bit of a game changer we think for this month. but companies are hiring. tough to find. we've got five. you're going to know most of these names, including dollar general. >> anna: you say 10,000 employees? >> yes. 10,000 new employees. the dollar trend is actually growing. these stores are so popular and they're growing. they're looking for managers in bethel, harrisburg, pennsylvania. they did a big hiring fair. they're looking for more. 635 new stores will be opening. they've already got 10,600 stores. they're really expanding. >> anna: and geico hiring. lot of college students are getting out going, where am i going to work? >> geico has got about 200 ownings, owned by mr. warren buffet. you probably heard of him. they're going to be looking for 4,000 team leaders by the end of the year. 200 openings right now. they've also got a leadership program for college gradua

. >> alisyn: cheryl casone, thank you. we'll be right back. ♪ ♪ him to go or past time? a pretty clear message. >> whenever you feel you're losing your effectiveness of to the detriment of the job you do, you have to evaluate that. we're at a time where decisions have to be made. >> tucker: more on growing callses for attorney general to resign. >> first it was honey boo boo and "go-go juice." now another reality show. mom is calfnating her kids like this. >> it has coffee in her tea. ly put it in your cup. it's tippinger tea, pixie stix together. >> should 2-year-olds get hooked on coffee and tinker tea? "fox & friends" hour four starts right now. do you have any? ♪ ♪ ♪ ♪ >> alisyn: we're in mid-town manhattan. >> small town in big town. >> sixth avenue in the background. >> alisyn: with a bear. an suv and archery range. >> it can only mean one thing. bass pro shop here kicking off the catching experience at because pro shops june 8-14. it's free. do crafts, archery, workshops for the kids. they will be out here. we'll show you how to make ice cream. they will make ice