back to dagen and connell. dagen: thank you.ds on nbc's "the biggest loser" back in 2009. she was later hired for a company known for kickboxing. connell: the company said she has gained an estimated 45 pounds. we will hear her side of the story. first, we have the ceo. thank you for coming in. >> thank you. connell: what is your side of the story? >> early in 2011, we looked to hire a spokesperson. we knew that tara was a great fit. we spoke with the managing team. they were very excited. she seemed very committed. a few months into the contract, there were some challenges with her and her schedule. what really happened here is our contract continued for a second year. during the first year she had obligations. she was unable to meet, social media obligations. she made 12 out of the 48 the second part of it was she signed on with a franchise that offered a competing service. after six, seven months into it, it seemed like she gained about 40 pounds. she was scheduled to make appearances. the location did not want her to come be

dagen: writes.ration deciding to delay the employer mandate on obamacare for at least one year? you can argue that we have already talked about both sides. >> unfortunately, exactly. the lack of pertinent to that decision. one that has moved from this year to probably the middle of next year. in the meantime, that was a source of concern for small businesses as they worried what to do. all of those things were delaying hiring decisions. as a consequence, though, we think this will at least bring some of the hiring back into the small business economy. just for that decision, it should be sometime in 2014. lou: they are not worried about treasury yields right now. what will make you worried? >> it is funny yoo say that. something with a handle on it that i think would be a little disconcerting. it becomes very competitive with what you can earn. i think those investors who finally began to wake in the notion that they invest -- now suddenly it is competition. i worry about that. we have a ways to go

dagen: i know. some of the ideas coming -- there's so many things wrong with -- because, again, when you read the headlines about the stafford loan rates doubling, everybody gets up in arms about it, and i'm like, okay, well, then you're willing as the american taxpayer to continue to subsidize the rates. i want to know long run -- >> interrupting on that point. that is such a critical point. you know, if you provide a subsidized student loan, that's fine. if we, as a society, want to do that, but let's not pretend this is a free lunch. this is not a free lunch. somebody picks it up. that will be just who you mentioned, the american taxpayers on the hook here. by the way, if you look at outstanding student loan debt, a great scandal in america, you know the stats, a trillion dollars of student loan debt. who do you think is on the hook? >> where do you draw the line? looking back at how much the rate on the loans went up, it did -- it was at a level because it went up to 6.8%, and comparedded to the

dagen? dagen: thank you, connell. nsa surveillance program, things revealed by edward snowedden about to go public. mike baker has his thoughts about where this puts the national security effort. >>> the fb the i, employers far and wide use the fbi database for background checks but it is so flawed and mismanaged it is costing people jobs. judge andrew napolitano is not happy about it one iota. >>> took more than a year but shares of facebook crossing the ipo price in intraday trading. the company looks to increase its advertising. more at the top of the hour. now a look at treasurys. [ male announcer ] the mercedes-benz summer event is here. now get the unmistakable thrill... and the incredible rush... of the mercedes-benz you've always wanted. ♪ but you better get here fast... [ girl ] yay, daddy's here. here you go, honey. thank you. [ male announcer ] because a good thing like this... phew! won't last forever. mmm. [ male announcer ] see your authorized dealer for an incredible offer on the exhilarating c250 sport

dagen: jeff, thanks. >> pleasure. dagen: as always, stay cool.onnell: we are just about to head out to san fransisco, and the airport there, to get an update with the new developments on the asiana aircraft crash. dagen: who is flooding the u.s. housing market? buyers from china. liz macdonald has that story. ♪ dagen: stocks now, the ceo of barnes & noble goes bye-bye, annie coal is all over the story. >> this is one worth looking at here. barnes & noble, the first thing you think of is the nook e-reader and their digital division which really has failed to compete. i mean, we know that the e-reader, the nook, had lackluster sales, certainly doesn't compete against other tablets and e-readers, just part of the problem for barnes & noble coupled with weak same store sales, and with that, the ceo steps down, william lynch, stepping down, resigning, and, obviously, now, we'll see what goes on. there's a handful of executive changes, and, today, the stock is not moving up on the news. it's a stock that's done well year to date. i think some of that w

dagen: shazam! connell: right. dagen: mark farber, mr.oom, what he thinks bow -- about the federal rereceiver and why the central bank is far, far away with being done with bond buying. how are the markets holding upright now? we like green. ♪ with fidelity's options platform, we've completely integrated every step of the process, making it easier to try filters and strategies... to get a list of equity options... evaluate them with our p&l calculator... and execute faster with our more intuitive trade ticket. i'm greg stevens, and i helped create fidelity's options platform. it's one more innovative reason serious investors are choosing fidelity. now get 200 free trades when you open an account. she loves to shop online th her debit card. and so does bill, an identity thief who stole mary's identity, took over her bank accounts, and stole her hard-earned money. unfortunately, millions of americans just like you learn all it may take is a little misplaced information to wreak havoc on your life. this is identity theft. and no one helps st

dagen: even him.ok at more numbers for the markets, treasuries, we talked a lot about treasury, 2.5%, ten year yield. we will be right back. diane: i am adam shapiro, shares 66 partners are soaring on the company's new york stock exchange, the unit of oil refiner and chemical company phillips '66 rating $378 million. from its initial public offering. the company plans to use the money for general purposes including potential acquisitions. taco bell is planning to eliminate kids meals at all of its restaurants in the u.s. around january. the fast-food chain says the future is not about kids' meals but positioning the brand for millennials. it sells 1 billion kids meals each year. the programming note, liz claman will have the dean of the school, this week master business series continues on "countdown to the closing bell" at 3:00 on the fox business network. that is the latest from the fox business network giving you the power to prosper. friday night, buddy. you are gonna need a wingman. and my cash b

dagen: thank you.ll: here to nominate larry summers -- no, it will make us some money with the stock back. dagen: the semiconductor. >> lagard back to these old names they used to be high flyers and fell completely apart. this is one, just reported to be a really good number. an inflection point looking thing. revenues are up. mobil was up 12%. they're buying back stock. here's the story, this is the material that will continue. there was very spence of a little unstable. they gather together and may actually developed a transistor way for that now makes its radio frequency amplifier three times smaller or three times more powerful. this is a game changer in my mind. margins are looking fantastic. they reported with 31 percent quarter over quarter. the third quarter. connell: you were in it. dagen: it kinda fell off by radar. everything associated with this is starting to come back. a lot of these old names the reinvented themselves. an easy ten, just back in february of two dozen 11 shifting dollars.

dagen, it is yours. dagen: thank you, stuart. on a day like this, stocks are still cheap. microsoft stock at a 52 week high. the first handset maker to build a complete phone right here in the good old united states of america. a fish oil shocker. new research now links fish oil to a big increase in prostate cancer risk. all of that and more coming up on markets now. ♪ dagen: i am moving slowly and gingerly. you know what is coming up later? darius rucker. connell: that will be great. the market is way up. first, nicole petallides on not microsoft story. nicole: good morning. taking a look at microsoft. some of the details have been put out there. we can see shake up there. basically, they will be focusing on what they think the consumer needs. devices will be anything from telephones to tv attachments and, of course, tablets and pcs. let's take a look at the big board right now. the dow jones industrials up 136 points right now. moving closer to intraday highs. back to you. connell: we keep hearing over and over how the fed stimulus program is what is keeping our economy

dagen: disgraceful.ivide, china the world's second biggest film market is blocking some u.s. summer movies from entering the country, so why the restrictions and what does it mean, the standoff for hollywood? this just in, there's a lot of number of people in china would like to have them go to the movies. dennis kneale with the details for us today. >> guys, it is inexplicably despicable. "despicable me 2" getting a thumbs down from chinese censors. comcast universal film. it is approaching $600 million. dominated the u.s. box office three weeks running but now china says no. we don't know why that is. they don't exactly explain. then i start checking around, sources tell me that paramount's a brad pitt zombie fest, "world war z." that was turned down initially. now we're hearing "world war z" will not open in china at all which deflation the film tens of millions of dollars nextra revenue. "iron man 3" came out, did $120 million in china. it was allowed to get into the country. "iron man 3" was made wi

back to dagen and connell.well is covering this story for us. >> the military continues to crack down. several more of the former president's advisers have been arrested or a representative warrants have been issued. the supreme leader of the muslim brotherhood. they have lost touch with some of these in the last few days or so. they are continuing to call for a revolt against the military here. in the last 36 hours or so, things have calmed down quite a bit. they now have a new interim prime minister to go with an interim president. the presidential election expected to be held sometime in the first part of 2014. dagen: the safe. he is in cairo for us. connell: jack lew asking for them to work with the united states. dagen: when does it stop? we will watch gas prices for you as well. looking at this. winners on the s&p. ♪ i want to make things more secure. [ whirring ] [ dog barks ] i want to treat mo dogs. ♪ our business needs more cases. [ male announcer ] where do you want to take your business? i need help

dagen: do you think i need work? connell: not on your beautiful face. dagen: you may be a suck up.op of the hour. time for stocks now. nicole:the dow is up. the highest close of all time for the dow and the s&p 500. we are not quite to the intraday all-time highs for the dow. you are seeing of arrows, nonetheless. we have been following both jpmorgan and wells fargo very closely as they came out with their quarterly reports. other names that are leading the dow our boeing and united technology. back to you. dagen: thank you so much, nicole. jpmorgan and wells fargo kicking things off. let's take a look at how they did. wells fargo's profit climbing 19%. our next guest and friend analyzes numbers. >> the real? here going forward is mortgage. the volume is low. that will hurt. loan growth, from a commercial site, is not particularly strong. the economy just is not expanding that rapidly. the tapering thing from the fed just does not make a lot of sense. businesses are not expanding. dagen: it would take a significantly stronger economy. longer-term interest rates go up, that could of

dagen: thank you, charles. connell: did you know that charles is a boy's name for the royal family that is a favorite? charles: that's right, it makes me a little jealous. [laughter] dagen: at the royal baby boom in england. how will help the british economy. connell: the money angle. how we can always find it. and the city of miami is facing federal fraud charges and we will have that story coming up in just a few minutes. but also, a look of currency today. looking at the british pound and the effect on that. we'll be right back. [ male announcer] surprise -- you're having triplets. [ babies crying ] surprise -- your house was built on an ancient burial ground. [ ghosts moaning ] surprise -- your car needs a new transmission. [ coyote howls ] how about no more surprises? now you can get all the online trading tools you need without any surprise fees. ♪ it's not rocket science. it's just common sense. from td amitrade. now get the unmistakable thrill... and the incredible rush... of the mercedes-benz you've al

dagen: jeff flock in detroit. speaking of the municipal bond market, let's find out what one professional investor thinks the way some are being treated in this bankruptcy could set a dangerous precedent with far-reaching implications. so says peter hayes, who runs the fund group overseeing $114 billion in bond assets, a frequent guest on this program joining us now on the phone. thank you for calling in, especially today. we are talking the general obligation bond and the lenders that they are being treated like all other unsecured creditors. what does that mean for the bond market in general? >> thank you for having me on. i think the first part of that answer is in terms of the total amount of the claim about 18 billion, a little over 11 billion is unsecured. of that, over 9 billion of that pension obligations. talking about that as i can component of the overall claim. the overall part goes to your question, the general obligation bond. we consider other investors to do and have always been considered whether

dagen: thank you, stuart. connell: charges against five men accused in what is a worldwide hacking scheme talking about big money, 160 million credit card numbers, or mice. dagen: the government says this is the largest hacking and data breach scheme ever targeting major corporate networks and resulted in hundreds of millions of dollars in losses. members in new jersey are coming out and also charges against five men for the international hacking and data breach. these and mastercard are two of the biggest names in the credit card business. connell: let's talk about it with brian finch. the thing here, we can start in the studio, they would be a number of companies they will talk about. they will save themselves they are in on this or was. is my credit card information safe? >> depends on what kind of data they have. there's a lot of headlines risk, a lot of data they have, if there is track one versus track to come it can become much more onerous. connell: quick explanation. >> basically your name and credit

dagen: we like battles.ntioned it, the former fcc commissioner on the take about the feud. can't wait for that. connell: president obama's big news today, how about an $1 # 1 # an hour amazon.com warehouse job, is that enough to sustain a middle class lifestyle in should be a good discussion, coming up, both with cheryl. dennis and cheryl are next on "markets now." ♪ with the spark cash card from capal one... boris earns unlimited rewards for his small business. can i get the smith contract, ease? thank you. that's three new paper shredders. [ boris ] put 'em on my spark card. [ garth ] boris' small business earns 2% cash back on every pchase every day. great businesses deserve unlimited rewards. read back the chicken's testimony, please. "buk, buk, bukka!" [ male announcer ] get the spark business card from capital one and earn unlimited rewards. choose 2% cash back or double miles on every purchase every day. told you i'd get half. what's in your walle dennis: i'm dennis. cheryl: i'm cheryl casone. stocks

dagen: when does it stop?e cme. >> there is always that possibility if we can keep our refineries running. not only have we seen a spike up in the price of crude oil, but we have also had a situation trying to keep the refineries running right now. i will tell you this, today we have industry executives meeting in front of a senate committee today talking about the rising gasoline prices. we need to have better transparency on when these refineries are going down. we had a major refining overhaul. supplies are here and near close. connell: good stuff. dagen: thank you. high gas prices to dangerously high temperatures. the worst heat wave of 23rd team. look at that map. >> it is only 11:41 a.m. eastern time. 91 degrees and washington, d.c. today, part the planes, parts of the midwest will be heating up. especially as we head into this afternoon and into the later evening hours. it will be the further story not just today, but as he had into tomorrow. this is one of the longer stretches of hot weather that we ta

doesn't seem like anything could go wrong, huh, dagen? >> because theederal government has been so great in managing social security -- >> in california special. >> social security is goingto run out of money in 2033 and then you get 75 cents on the dollar thereafter. according to the trustees' report, then you look at california, they are awesome at managing a budget and having a sound pension system. what could go wrong, right? >> charlie, you'll have a lot of money coming in from another best seller. how about letting the state run it for you? >> listen, they're obviously responding to a real problem. pele retire broke. i mean, that is an issue. here is the problem with this plan. they're essentially forcing them to save as part of a system that is essentially a ponzi scheme. it's legal, but the state pensn fund systems are uer water, too much money goes out, not enough goes in. they're forcing people to be part of a ponzi scheme that probably can't repay them when they retire. >> gary k., here's the part that really scared me. not onl

run out of money, dagen, there are relatively easy fixes. don't think that a state run mandatory plan is probably the best way to go nor will it succeed politically. a voluntary one may be a good idea. >> we should point out. >> preliminary trial balloon has passed and let's remind you, this is california. self-inflicted wounds that you guys go through boggles the mind. >> we should be debating the state public pension systems. we broke on fox business network, major ones are under water. there is a problem with unfunded liability. you are forcing people to put money in a ponzi scheme. >> charles: we're going to get one of our tuarps here but right now the government actually saying we'll step in and tell you what to eat. we'll tell you what to drive. we'll save your money for you. where are we crossing the lines? >> i think to the point of obesity and savings in this country, unless american people step up and do the right thing. the government will step in and take over because they are going to say, people eat too much. they are overweigh

dagen: the yield on the tenure is 2%. let's go back to the testimony. >> might be a more normal recovery process. it is hurting our recovery. would discuss your views on japan's currency policy and to baton the economy and do you believe there currency policy is hurting the economic recovery in the globe right now? >> yes. fundamental differences between china's policy and japan's policy. china managed this exchange rate and kept it for many years below its equilibrium level in order to increase its exports. that is what economists call a zero some game, with that game we lose. the japanese approach is different. they are not manipulating their exchange rate for directly trying to set their exchange rate at a given level. they are engaging in strong domestic monetary policy measures trying to break the deflationary they had for 15 years and a side effect of that is the yen has weakened. the g 20 and g7 discussed these matters and the international consensus is as long as the country is using domestic policy tools for dome

many thanks to charlie and dagen. dagen.hat is hotter than the temps this man is about to be the millionth customer. dagen. what is hotter than the temps would you mind if i go ahead of you? instead we had someone go ahead of him and win fiy thousand dollars. ngratulations you are our one millionth customer. nobody likes to miss out. that's why ally treats all their customers the same. whether you're the first or the millionth. if your bank doesn't think you're special anymore, you need an ally. ally bank. your money needs an ally. [growl] we used to live with a bear. we'd always have to go everywhere with it. get in the front. we drive. it was so embarrasing that we just wanted to say, well, go away. shoo bear. but we can't really tell bears what to do. moooooommmmmm!!! then one day, it was just gone. mom! [annouer] you are how you slp. tempur-pedic. >> the very bust fund to buy right now, adam. >> van guards market traded fund, charles. i am a fan of spreading out your investments in mature economies. >> ben, what do you l

l logos. >> ban him from the airplane. >> i want to thank charlie and dagen. dagen. mean thatrom the bottom of the pursuit of a better tomorrow is something we all share. but who can help you find your own path? who can build you a plan, not just a pie chart? who can help keep your investments on course, whatever lies ahead? that someone is a morgan stanley financial advisor. and we're ready work for you. >> stocks to keep t the market strong charles what have you got? >> move over silicon. this is stock that breaking out this week. >> adam what dow think about it? >> they haven't paid a dividend. >> what do you peck? >> sdy. the dividend paying and a way to get a return. >> what do you make of that? >> i like it. i think it is an excellent pick. and i will put mine with warren buffet. i, you never think he is over rated? >> no, i think he is underrated and a genius on a unique scale. >> long term they are good? >> long-term it is great. i don't know how much longer and i love anything with mr. buffet. >> guys, thank you very much, that will do it. >> you think it is

. >> this is where the republicans look weird, dagen. a law they hated they now say the president has to honor that law or he's breaking the law. what do you make of that? >> i think the way they should handz elle this iso and say, okay, we'll let you do this, but you also have to delay the individual mandate, you have to do both of them. >> can you negotiate, how about, you delay the whole thing and stop i >> i think -- >> that's the motivation. >> then the next move is to slow knock this thing down the road until it falls apart completely. >> that seems to be their agenda. >> if i were the republicans, i'd be like the viet-kong, sit back in the jungle and let obama make the mistakes, letim show how insane this whole thing was, he never thought it through, passed it and then read the law. maybe he hasn't -- >> i don't think he's looking like an idiot. i think he's looking -- >> wait a second. the polls show are even more against this law than in the beginning. >> i think republicans are doing that, which is why they haven't stepped up t

dagen: we will not talk about the blurred lines video this hour.nto the blurred lines, whatever ben bernanke has to say to congress today. that could be the different take on it in this hour. dagen: exactly. triple digit gain on the dow now. all-time high, annie coal, what are y

were we're talking about th morning, what is he now, dagen. >> dagen: he would be chief creative officerrehouse. men's warehouse has been bought but the man himself

in the book professor dagen argues we are not properly preparing r.e.m. people to become responsible citizens. this interview was recorded at the hoover institution on the campus of stanford university. is about 20 minutes. >> i want to introduce you to a stanford professor william damon , also a senior fellow here at the hoover institution. professor, what do you teach year at stanford? >> guest: i teach human development through life. we call it sometimes birth to death or womb to tomb, everything that happens from rampancy to old age, but my special interest is on character and character development and help people develop their values and their purpose in life. and especially use development, the real focus is the adolescent and early adult years. in terms of education how we might even help young people create a good direction for themselves, a good purpose that takes them through life in a fill the way. >> host: that ties into your newest book, failing liberty is the name of it. how we are leaving young americans unprepared for citizenship to begin

many thanks to charlie and dagen. what is hotter than the temps >> the very bust fund to buy right now, adam. >> van guards market traded fund, charles. i am a fan of spreading out your investmen in mature economies. >> ben, what do you like? >> fidelity emerging markets. they are hit hard and poised for a come back as the general economy comes back. >> are you okay? >> if they think it is over by the short. >> you think it is ver. >> i believe so. i think rates will go higher. nfan the cost of freedom continues. ♪ >> a battle erupt nothing dc over keeping america from becoming a full- blown welfare state. republicans are trying to turn back time and overhaul the food stamp program. recent reports showing that more than two and half million who get it are young, single childless and healthy adults that are not working. some say we need to scrap this cornerstone of welfare before we go down the weareitate town. we'll go in focus with steve, rich, morgan, and rick and

dagen: thank you, stuart.at is a worldwide hacking scheme talking about big money, 160 million credit card numbers, or mice. dagen: the government says this is the largest hacking and data breach scheme ever targeting major corporate networks and resulted in hundreds of millions of dollars in losses. members in new jersey are coming out and also charges

dagen, it is yours. dagen: thank you, stuart. on a day like this, stocks are still cheap.k high. the first handset maker to build a complete phone right here in the good old united states of america. a fish oil shocker. new research now links fish oil to a big increase in prostate cancer risk. all of that and more coming up on markets now. ♪

dagen: is a good business for the game? connell: some people think

always great. >> say hello to dagen. connell: she will be back tomorrow.when auto sales are helping to drive this economy, general motors and honda striking a new deal. we will get into that in just a few minutes. new data on home prices. diane macedo will have more on that in the business brief which is straight ahead. chinese investment in u.s. corporations. the mayor of smithfield is our guest. all of hat straight ahead on markets now. ♪ ♪ >> hello everyone. i am diane macedo with your fox business brief. home prices posting their biggest gain since may. prices rose 12.2% from a year ago. delaware and alabama were the only two states where sales fell . that is according to the latest. shares of american greetings are jumping. they upped their buyout offer for the third time. nineteen dollars a share. that is the latest from the fox business network. giving you the power to prosper. ♪ the most free research reports, customizable charts, powerful screening tools, and guaranteed 1-second trades. and at the center of it all is a surisingly low price -- just

dagen is back. dagen: i am glad to be back. i will see you later. thank you so much, charles. business headlines, everybody, 11:00 a.m. in the east and 8:00 a.m. in the west. we are all over the jobs market. looking stout last month. 195,000 jobs created last month. a peer play to save jobs, that decision to delay the employer mandate and obamacare. this move will surely be a job killer. plus, there is serious legal problems that the white house could face with this move. egypt on the edge. the european central bank the clearing it will keep interest rates at record lows for an extended period. our federal reserve will slow the money flow into the economy. all of that and back up to your top story this morning. that is jobs. we have a lot going on this hour of market now. ♪

dagen, it is yours. dagen: okay. connell and i do not care. we do care about this.reatening to try to break republicans bb pulling up the filibuster. bernanke in question. elon musk, the innovator, he now wants you to get from los angeles to new york and 45 minutes. how in the heck is that going to happen? and the brutal heat wave. little relief in sight. all that and much coming up on this hour of markets now. ♪ connell: markets now. nuclear options, earnings report and baseball this hour.

dagen: quoting the lyrics felt like watching an autopsy. stuart: okay.bing, very, very disturbing. thank you so much. and then there is this, the motor city goes bust. the largest in u.s. history musicality. some detroit creditors are not sure they will ever be paid back. that could be dangerous implications for borrowers and lenders across this country. peter hayes at black rock, he will explain. a business owner in detroit making custom vehicles too much success. and why this is a good thing for businesses

dagen: absolutely. 50 way that is the dow up a little under 20 points.res trading this morning when the testimony was first released at eight:30 eastern so that would suggest ben bernanke hasn't said anything that deviated wildly from the prepared marks. connell: in this question and answer session, the house of representatives, anything can happen as they say. the most recent questionnaire of the chairman, we will rejoin the hearing now and as development work we will keep you up-to-date on all the news of the day but live to capitol hill once again the ben bernanke hearing. >> housing market which has been a drag on the economy the last couple years has recently begun to show signs of turning around. do you believe the increase in housing prices provide evidence the fed's monetary policies work. is there a casual correlate of relationship between the two. >> i think so. his

dagen i think that beating a boehner or taking the moral high ground and being judgmental will helperr anyone. the point is, people should know better. they should be respectful. i think that this scandal, if you will, as certainly taught her and, perhaps, those close to hurt, the value of being open-minded and not judgmental or faults others. dennis: you guys -- your take on it is the she wrote about the manager. i thought he quit her. so she took the action. maybe it is a first step toward rebuilding the empire. let's me to the second. you think you're tough. workers in san francisco bay area have been putting up with a commuter rail strike all week. trains running again this afternoon. union workers just agreed to temporarily extend their labor contract for one more month. both sides still far away from any long-term deal. will the strike come back? >> this sounds like they are saying they're very far apart, but his son's life financially they're getting cle to making a decision because they one of the next three years of 5% increase on their income annually. they will -- their wor

." ♪ dagen: top of the morning to you. connell: reunited to yo

. ♪ dagen: you are looking at video right now, good morning, everybody, of a fire burning earlier off

dagen, it's yours. >> take it away, as long as it's not taken from me is the regime consensus.n egypt, rejecting the timetable announced by the military interim leadership. we have a live report and analysis from kt mcfarland. inflation on the rise. can an interest rate hike be far behind? what's that mean for us, the u.s.? the irs under fire again leaking thousands of social security numbers of americans on the internet. what is washington going to do to put a stop to this mismanagement? corporate espionage goes cyber. the online war between board rooms and what's done about it. those stories, and, yeah, that's right, connell mcshane this hour on "markets now." ♪ connell: i don't think we need

dagen: that is nonsense. are you coming back tomorrow? >> may be.y or girl? >> i am interested and i am following it. but i don't care if it's a boy or a girl. we will talk about that and we will talk about detroit at this hour. joining us on "markets now", working quickly to try to solve that financial problem. the emergency manager says that it needs to be done fast. we have mcdonald's taking a beating, falling short on earnings. even while people in here is a sore spot. fewer buyers are young people. we will get into all of that and maybe more this hour on "markets now."

dagen: hey, baby. what is going on? i have not seen you all morning. upbeat and not

dagen, it is yours. dagen: thank you so much. holy home sales, batman.ll tell you if this can't continue. the war on poverty in the u.s. what is the answer? we debate. the fabulous fab. our very own elizabeth macdonald tracks is down. the tiffany network is at war with time warner. what does that mean for about 3 million time warner customers coast to coast? all of that and more on this hour of "markets now." ♪