deirdre: on monday night, dr. carson made this comment on our sister network. >> now, if someone has a muslim background and they're willing to reject those tenets and to accept the way of life that we have and clearly will swear to place our constitution above their religion, then of course, they will be considered infidels and heretics, but at least i would then be quite willing to support them. deirdre: congressman, do you think that dr. carson will have the chance to speak with the pope about leadership and about religious freedom in the u.s.? >> that i don't know, i than the pope's schedule as you outlined is incredibly busy and the degree he'll be able to linger with members of the house and the senate and visitors, i don't know. but we'll see. deirdre: as far as -- i heard you clearly that you have not endorsed anyone, but you did choose dr. carson, i heard you say that was a human interest story. what do you think about his flat tax, 10% tax which the pope may find interesting, given his take on inequality

deirdre? deirdre: a virtuous circle indeed.ning us from fox business in d.c. >>> a new hack attack alert, the irs does not safeguard some of our most personal information. gerri willis with me with more. if we cannot trust the irs with our paperwork, where do we stand? >> you're absolutely right. a good point. this is a specific example contained by the inspector general that finds when the irs uses its heaviest guns in going after tax scoff las who haven't paid what they're required to pay, they seize property, right? do they protect the property? if you have personal property and automobile, information in a gps system, i don't know about you, but i happen to have, you can get into my house if you're in the car, right? it automatically opens the garage door, has the phone number. you lock into a lot of personal data, private information, and the irs not protect. this big concern, this is an area they paid a lot of attention to. deirdre: with reason, because as you point out, it's the financial information, then your physical

deirdre: yeah.far as the netflix selloff as well as netflix ditching epix which a lot of people say i don't care, i'm watching the original content. however, hulu picked it up, right? >> yeah. this is what's so crazy right now. it's all about streaming, and the streaming companies know they've got to have -- i mean, content continues to be king, as we all know. and to see the streaming companies fight over what content they're going to the get really shows you that this is -- deirdre: it's all shaking out, but i will be there with my furbaca. oh, wow. there we go. >> wow! >> that is my chewbaca impression. deirdre: that's pretty darn strong. thank you very much, gerri willis -- [laughter] thank you very much. when we come back, this guy's name is tucker max, he chronicled the debarbarous lifestyle and turned it into a bestseller. through snapchat, uber, airbnb, he says angel investing is a waste of his time. find out why. ♪ ♪ hi my name is tom. i'm raph. my name is anne. i'm one of the real live att

deirdre. deirdre: taking your words to heart. rick reichmuth joining us there.tocks close in a brutal quarter. gerri willis with me now with the details. gerri, we saw so many up and down days, end of the day it's the worst quarter in four years. >> cold comfort today, if you're opening third quarter statement for brokerage account, you might want to have a shot of jack daniels with you. bad news, right? 9%, that's the average that the averages have been down for the quarter. the dow down 9%. the s&p down 8.8. the nasdaq down 8.9%. the worst performance since 2011. we have something in common with the last sell-off due to european debt. a european debt situation and offshore situation that drove down stocks in 2011. this time around, as you know, it's china, so another offshore threat to the u.s. economy. u.s. stocks, but let me tell you good news here, if you're thinking about selling off tonight, what happened in 2011 in the fourth quarter is the dow went up 12% deirdre. so you might want to wait and see what happens. deirdre: gerri willis, thank you very much

deirdre: exactly.k you all, brett, hilary and michael joining me there. >>> when we come back, there is a new report that shows that alzheimer's may be able to be passed on from person to person? our medical panel is going to give you their informed views. >>> first china's stock market may be crushing our markets. my next guest says don't let that thousand-point drop from a few weeks ago fool you. it is still a place to invest. at ally bank no branches equals great rates. it's a fact. kind of like shopping hungry equals overshopping. but it is not the device mobithat is mobile, it is you. spending the day with my niece. that make me smile. i don't use super poligrip for hold, because my dentures fit well. before those little pieces would get in between my dentures and my gum and it was uncomfortable. even well fitting dentures let in food particles. just a few dabs of super poligrip free is clinically proven to seal out more food particles so you're more comfortable and confident while you eat. so it'

deirdre: she is right.nt and center especially this thursday the fed may raise rates for the first time in nine years. if you didn't know you're not alone. 70 percent of americans did not know either. so be heard to be explain why her decision natters on thursday. it is tied everytime we want to borrow money? if you don't think of anything else that is the number 1.? >> how the stock market and bond market is behaving and in europe and china. deirdre: if i don't care about stocks if i want to get up mortgages the fed raises rates i will pay more >> absolutely credit-card debt same thing. there is literally no part of the american economy she does not touch but hog. she is the most important not elected person in world history because she has so much to do with how everything, everything operates. deirdre: you sai >> >> as the g.o.p. comes down to the g.o.p. battle the republicans and is ready to give up most of their values. tromps stays alive just a couple days away for the debate how does he keep the spot

deirdre: jack?news is there's a lot of companies with real revenue and real growth, look at pallentier, this is a company with $20 billion valuation. deirdre: people have heard of peter thiel. >> exactly. have you domo, slack, companies with thousands of customers, real revenue, annuity revenue. this revenue recurs every single year. have you companies that i would put question marks on. so you look at dji that makes the drones, you talked about drones there. i think they're going to have a tremendous revenue growth but margin pressure on some of the companies. so i think that the valuations of some of the companies may shrink even though the companies may have growth. deirdre: gary cohn refers to the marc andreessen point all of the private companies put together don't add up to apple's valuation which reminds us that apple is all-powerful or there is, in fact, a lot of money in silicon valley. both are true? >> absolutely. if you look at what they call the unicorns, the companies that have a valua

deirdre: when we come back.kswagen announcing plans to refit software for 11 million cars involved in the fake emissions scandal. a fox business report says that this fix may not be a fix at all. >>> plus, that new report that vw car owners could be taking biggest hit in the pocketbook, not welcome by many. one volkswagen owner will be joining us speaking his peace next. ♪ e deirdre: after getting caught faking emissions data, volkswagen announcing plans to refit software for 11 million affect cars. now it may cost the company nearly $7 billion. jeff flock with me now. he says the fix may not be a fix at all. jeff, is this just a drop in the bucket? >> well, the fact that they haven't really said what they're going to do, it is going to be very difficult to come up with a fix that will make people like the guest that you have got coming up happy. take a look at the plan they announced today. it really isn't much of a plan. they say they will in fact, quote, refit 11 million vehicles that are implicated. they wil

deirdre: just evolution. >> right. deirdre: thank you all.see you, joining us there, ceo of rally bus, fox business' own gerri willis and russ from product hunt. >>> when we come back, a 20-yr-old created an app that gives away money for fre believe it or not. it's true. creator is joining me, going to tell me how he is not getting in trouble with lotto authorities. >> that's enough! i just won $25,000. >> what did you say to me? >> i just won $25,000 on my iphone! >> wow! technology empowers us to achieve more. it pushes us to go further. special olympics has almost five million athletes in 170 countries. the microsoft cloud allows us to immediately be able to access information, wherever we are. information for an athlete's medical care, or information to track their personal best. with microsoft cloud, we save millions of man hours, and that's time that we can invest in our athletes and changing the world. awe believe active management can protect capital long term. active management can tap global insights. active management can take calc

deirdre: so bigger picture. reinforce why activist strategies special situations have really been out performing and probably will continue to do so as the market swings back and forth, it's helpful to have a long term vision and the investing on fundamentals; right? >> sure. well, i think you mentioned ackman's returns in august, they weren't exactly great. deirdre: no, the fund was down. >> but that's the short-term thing. he's talking much longer term like you're saying. that's the reason. the activist love to argue we're in there, we're changing the companies for the better over the long term, like what's happening to china. like gerri said, this isn't a one-or two day thing, we're going to make them better at just, you know, growing. . deirdre: so, gerri, how many people call in and said should i just start stuffing cash in my mat ris? >> a lot of people think that. a lot of people are thinking what can i do to ease the pain? but you have to think about now is if prices are low and you're buying now, that's

deirdre: right.ssentially she's saying i wouldn't have done what hillary clinton did but to your point. >> right. deirdre: i don't think she did anything wrong. kurt, what is your take on this? >> well, diedre, it's not a matter of if hillary did something wrong. hillary violated federal law. there's literally no question if during my 27 years in the army of which i had a top secret clearance, i had done anything remotely like that. i would not bewaring a suit and tie, i would be wearing striped pajamas, making big rocks into little ones at a prison. deirdre: people are saying, listen, she may, in fact, face criminal charges from this. what about the this idea, though, kurt i have to come back on that playing devils advocate with the idea that the material was not classified when she sent it. >> oh, that's simply anonymous. it was -- you know, you don't have to stamp classified on something for it to be classified. just because you have one of your minions copy it top of a classified system and e-mai

deirdre: gary b. smith, thank you for joining us, talking about how china's slowdown is affecting the u.s.' and the u.s.' market. >>> as we alluded to earlier, there is a new report out that shows that some iraqi refugees, allowed to come to the u.s. as early as 2005, 2006 may be terrorists. i want to bring in retired lieutenant general thomas mcinerney, with me now. so general, the fbi is collecting fingerprints from ied's, improvised explosive devices, bombs, the bureau logged 100,000 fingerprints from war zones. what kind of technology does our government need so that the onsusnot on the fbi to find needles in the haystack. >> that is a great question, deirdre. first of all, the fingerprint they invested in as a result of this particular experience is really a game-changer. no question about it. but when you look at the potential of 100,000 syrian and iraqi refugees coming into the united states, trying to sort out and find the ones that are terrorists and the ones that are not. they're going to ne

deirdre: to k.t.'to better compete in global markets and of course spy on the institutions of our free society, media, advocacy groups, ngo's, charities, foundations, all the rest of it. these are things beyond the pale and we haven't been able to stop the chinese. deirdre: so speaking of the chinese, there is the president, xi jinping, arriving in washington, d.c. we will see the vice president of the united states, joe biden, on the tarmac there. he is going to meet him in person, and then of course we know there is going to be a private meeting between the chinese president and the u.s. pchlt so gordon, under closed doors or in between closed doors, can more progress actually be made between these two leaders, no matter what is telegraphed? we're that naive? >> it's possible. we've got to change our tactics. what we've been doing obviously hasn't worked over two decades. a lot of people in washington say we need to have the personal relationship between president obama and president xi jinping, that

. >> thank you, deirdre. dierdre: when we come back, facebook didn't like the idea of a dislike button. my next guest says, don't blame mark zuckerberg for going soft. it is actually america that has gotten too pc. >>> then thinking about being unpc, tim cook may not be all that. he was on "the late show." find out why after this. >> siri, what should i ask tim cook? >> do me a favor, ask him when i'm going to get a raise. [laughter] ♪ i built my business with passion. but i keep it growing by making every dollar count. that's why i have the spark cash card from capital one. i earn unlimited 2% cash back on everything i buy for my studio. ♪ and that unlimited 2% cash back from spark means thousands of dollars each year going back into my business... that's huge for my bottom line. what's in your wallet? iand quit a lot,t but ended up nowhere. now i use this. the nicoderm cq patch, with unique extended release technology, helps prevent the urge to smoke all day. i want this time to be my last time. that's why

jo ling kent in for deirdre bolton today. scott walker will suspend his campaign effort today, effectively ending a once promising, much louted gop presidential bid that just owecollapsed over this summer. with me democratic strategist jessica ehrlich. crystal wright and hadley heath manning from the conservative group, the independent women's forum. i will start with you first. what did you guys think? what did you expect out of this? >> you know, this is a real shame because governor walker has been a great leader for the state of wisconsin but this is crowded field. he hasn't really had a chance to stand out in both major debates. he hasn't really made a name for himself. jo ling: jessica, this doesn't completely come at surprise he was polling down at zero percent. what do you think will happen to $20 million in super-pac money socked away for his campaign? >> it will be very interesting. it certainly will give him a little toehold and maybe being able to have influence over who is the actual nominee when we get closer an

deirdre bolton joins us now. oh, say it isn't so, deirdre.et my order n so i'm toast. >> they have rose gold would match your dress, my blouse as well. apple is saying we're working to catch up. demand much stronger than anticipated. they're working to catch up. the phones will be, if you like available as they announced, the 25th of september. of course they are selling preorder online already. analysts are saying, listen, if you want a context all point because a lot of analysts are saying, look if you're doing pure comp on comp, month on month comparisons, these devices were actually not available in china until october. so essentially a month later this year they are. a lot of people are saying listen there, is demand from china these numbers which are tracking to 10 million so far, melissa. melissa: wow, deirdre. there you go. we look forward to seeing you at the top of the hour for "risk & reward." wouldn't miss it. thanks so much. >>> governor scott walker slipping in the polls but gaining national attention. details from the gop's can

david: looking forward to it, deirdre, thank you very much.l see you at top of the hour for "risk & reward." melissa? melissa: apple introduced something for everyone from upgraded iphones to new and improved apple tv we'll tell you which one stole the show and which one missed the mark. >>> mcdonald's is letting one of its signature items roam free. which one will taste different. leave the big mac alone and french fries. please don't touch the french ♪ you two had been through everything together. two boyfriends. three jobs. you're like "nothing can replace brad!" then liberty mutual calls. and you break into your happy dance. if you sign up for better car replacement, we'll pay for a car that's a model year newer with 15,000 fewer miles than your old one. see car insurance in a whole new light. liberty mutual insurance. spending the day with my niece. that make me smile. i don't use super poligrip for hold, because my dentures fit well. before those little pieces would get in between my dentures and my gum and it was uncomfortable. even wel

we want to bring in deirdre bolton. she is host of "risk & reward," james freeman, "wall street journal" and jim frischling, newark capital president. first of all the contradictions go on and on. we could spend all evening -- let me mention couple things though. according to janet yellen we're in a good recovery, we're making progress on both the job front and the growth front. and yet, we still have the need for this extraordinary emergency policy. that is a huge conflict. >> it is indeed, david. we discussed this earlier. the fact that there so many messengers from the fomc could leave us all a little confused. back in the day, greenspan, one voice. stroller, one voice. now we have i'm at jackson hole. we should raise. sends us all wore youringrying. one of your former guests talked about the idea of jobs. is the labor market strong or is it weak, right? some headline numbers look good, but they're encouraging but we have the lowest labor market participation rate since the late0's. this makes me think of skills gap

david: deirdre, thanks very much.ll see you at top of the hour for "risk & reward." >>> not officially in the race but vp joe biden already has a very important lead over hillary clinton in one category. we'll tell you which one. we have picktures from earlier today. baseball legend yogi berra laid to rest in montclair, new jersey. cardinal timothy dolan presiding over the yankees hall-of-famer funeral mass. former manager joe torre spoke at service. shared a quote from yogi, always go to other people's funerals, otherwise they won't come to yours. fight it. to investigate it. prosecute it. and stop criminals. our senior medicare patrol volunteers are teaching seniors across the country to stop, spot and report fraud. you can help. guard your medicare card. don't give out your card number over the phone. call to report any suspected fraud. we're cracking down on medicare fraud. let's make medicare stronger for all of us. approaching medicare eligibility? you may think you can put off checking out your medicare options

deirdre bolton spoke to the properties chairman larry silverstein. deirdre?e had an exclusive conversation and picking up on the themes that you mentioned. here's what he told me. >> the important thing is to recognize what happened to us on 9/11. think of the massive losses. the impact on the lives of so many people who lost their loved ones. today, we have twice as many families, we have 60,000 families living down here. that didn't exist 14 years ago. >> so melissa, that is the person who is spearheading this effort to rebuild, as you said, 14 years later. he is very much about the revival of the entire downtown project. we talked about just how long it will take. i'll be bringing you those excerpts and his opinion on the ever changing new york city skyline. back to you. melissa: thank you so much. see you at the top of the hour for all of that. "risk & reward" right here. david: and coming up, trump still dominating the polls. fiorina to join the upcoming gop debate. wow. it's all happening. we'll have the political panel to weigh in on the latest on 2016

deirdre. coming up at top of the hour, "risk & reward."the california fires leaving thousands of people with nowhere to go. fox news's claudia cowan in middletown california with the latest. >> reporter: the valley fire, david, has displaced more than 13,000 people including those who used to live here at middletown manor apartment complex. take a look at this. 50 apartments went up in smoke. the number of cars that had to be abandoned. look at the state of the cars now. the destruction is surreal. the fire is growing. now 67,000-acres and just 15% contained. the town is evacuated and utility crews are restoring power and water for people to come back. we're seeing a lot of activity as crews replace transmission lines and power poles damaged as flames ripped through here over the weekend. we've seen fire crews rake through smoldering debris. they want to put out any hot spots. they don't want resident to get hurt when they come back to dig around for momentos, any personal effects they can salvage. after four years of drought california's

he joining deirdre bolton at top of the hour. for a preview. deirdre?ago that he is just plain wrong he is not allowed to participate tonight but he will be tweeting live tweeting the event. so one of the questions that i'm going to be asking the former governor of virginia is with 1500 followers, what effect does hope to have on the conversation? as a few of your previous guests points there, i will ask him what topics are most important to him, what he most wants to hear from candidates. all that and more coming your way. david: good stuff. deirdre bolton. see you at the top of the hour for "risk & reward." melissa: president obama is giving himself a little pat on the back for bringing back the economy but is it enough to bring us back from the brink of government shutdown? >>> good news for kardashian fans and the kardashian bank account. we'll tell you how staying caught up on the lives of your favorite reality stars translates into cold hard cash. david: have to pay me to watch that show. maybe that is how it works. it's a fact. kind of like shopp

welcome to risk and reward, i'm deirdre bolton.ent revealing another group of nearly 4,000 emails from the former secretary of state in her dealings, late 2010, early 2011, ranging in communications from libya to palestine. fox business's peter barnes with the very latest. peter, what are you reading? >> deirdre, that's right. this is fifth release of clinton emails by the state department. latest tranche

deirdre: are you kidding me?n he said 15% i broke out the tambourine, that's exactly what we need. we need to incentivize growth creation in this country. now, tammy, i haven't gotten any clarity on this, i read before the initial announcement that on the 10% repatriotation tax, this is, by the way, for the listeners out there, viewers that's made overseas by corporations, taxed when they make it overseas and then when they bring it back, it's taxed here. no other country does it, by the way. that's why it's sitting offshore, trump. wants to have a one-time tax, george bush had something similar. i thought i read somewhere, though, i'm going to take 10% of the cash and hold overseas. that board me a little bit. what do you make of it. >> well, look, i think right now that's 35% i think. this truly an incentive. when we talk about incentives bringing people here, why not bring some of our own people back; right? and some of our own money back. i think that overall this is very appealing. and yet i agree with the c

deirdre: pope francis currently holding his first mass in the u.s.asilica in washington, d.c. fox business' peter barnes with me now. so peter, the pope had a very full first day. >> yes, very first day of his

jo ling kent in for deirdre bolton today.suspend his campaign effort today, effectively ending a once promising, much louted gop presidential bid that just owecollapsed over this summer.

i'm lori rothman filling in for deirdre bolton.floor of new york stock exchange. what a turn of events. >> yes it was but we haven't recovered all the stocks.

i'm cheryl casone in for deirdre bolton tonight.er china explosion as china's markets sell off. weak manufacturing report making

. >> reporter: the executive director deirdre wood described the young woman as vibrant. today we confirmed that witnesses are telling police the taxi driver who hit her and a friend, bryan botti, had the green light and the victims were crossing on red around 4:30 yesterday morning. but witnesses also say the cab was speeding, perhaps double the 25 mile an hour speed limit. it could result in criminal charges depending on what investigators find. >> we have a very small family here at the ymca of staff employees and everybody's just going through a difficult time and just needs a little bit of some peace. >> reporter: the driver volunteered to give a blood sample to prove he was not impaired. in digirolomo's neighborhood today and for members at the ymca where she worked, the loss is a painful reminder. >> you have to live every moment and enjoy every moment because you never know. >> reporter: lab analysis of the driver's blood will take at least two weeks and for now, rosemont taxi is saying little, telling us only that that driver had no previous driving issues. live

deirdre: so glad to have you with us. thank you so much. thank you for joining us. making money starts now. >> good evening. i am liz mcdonald and for charles payne. not happy that global growth is coming down. will it prompt the fed to take a different approach at next month's fomc meeting mac plus the donald getting smacked for not defending president obama. and the house votes to defund planned parenthood. will this lead to a shutdown of the entire us government? we will tell you all about it. don't go anywhere. "making money" starts right now. stocks plunging into the close, the dow ending down 209 points. the dow and s&p turning negative for the week. did the fed get it all wrong? joining me now, diversified private wealth president. >> what happened is earlier in the week everyone said that the fed would tighten. and now every investor is saying, what does the fed no that we don't. it wreaked havoc with the market. the biggest concern is something about china, the emerging market and global slowdown. >> it was more about what they did not do, meaning whether t

deirdre: as we have all agreed on, the pope is, in fact, the new face and a friendly face of the catholic church. so glad that you are all with me. thank you so much. "making money" starts now. ♪ charles: good evening, and you are looking at the live scene, pope preface touching down. that down. that is the wall street heliport. from they're making its way to st. patrick's cathedral for evening mass. it is been an exciting day. of course he began this morning delivering an address to a joint session of congress to address a bunch of different issues, poverty, immigration,, poverty, immigration, climate change is something that he took a really big interest in, something he and president obama agreed on, but politicians on both sides of the aisle on one issue. of course he has it on abortion, and the other side of that equation was the death penalty. active. making news,news, going to continue to make news, and he has been in new york, the heart of capitalism for the entire world. throughout this visit the pope will continue to emphasize that while he is not his version of it, what he said

deirdre: john, so glad for your insight. john cardillo joining me, he is a former nypd officer. a reminder to check out our website, full interviews and bonus contents as well. thank you for joining us. "making money" starts right now. good evening, everyone, i'm liz mcdonald in for charles payne. pope francis taking washington, d.c. by storm celebrating mass at the national basilica and meeting with president obama and wasting no time speaking his mind on climate change. >>> plus more problems for volkswagen as the ceo decides to step down as the automaker falsified emissions scandal worsens. >>> and chinese president xi jinping is meeting with the heads of silicon valley looking to drum up support ahead of his meeting with president obama on friday. don't go anywhere, "making money" starts right now. >>> breaking news for u58% of american voters believe hillary clinton lied about how her e-mails were handled while she was secretary of state. and that's according to a fox news poll released moments ago and more than 60% say they are concerned that scandals would disrupt a clint

he is a senior deirdr editor foe islamic monthly magazine. the u.n. is obviously going to have to take up this action. what action will we see? >> to make a distinction between refugees and migrants. under international law, if people are considered refugees under international law, people who have a well founded fear of persecution and violence against them, under treaties including the lisbon and dublin agreements, basically have to be given asylum, or applications for asylum. they can't be deported. migrants are groups who migrate to a country, under the doctrine they can thought be repat repatd back to their countries. >> so walk me through this issue with the semantics and the words that are being used here. because the term you do hear from many european leaders right now is migrant. why are they using that term rather than refugee? >> that's a very good question adam. it's really dog whistle politics. you have the guest worker program, in the '50s and '60s which brought chief slave labor from african and primary muslim countries. when you say m

back to you. >> deirdre, thanks so much. >> the biotech index up more than 3.5%.ow there is a new debate about the cost of the regeneron's cholesterol drug. ♪ every auto insurance policy has a number. but not every insurance company understands the life behind it. those who have served our nation. have earned the very best service in return. ♪ usaa. we know what it means to serve. get an auto insurance quote and see why 92% of our members plan to stay for life. hi mi'm raph. tom. my name is anne. i'm one of the real live attorneys you can talk to through legalzoom. don't let unanswered legal questions hold you up, because we're here, we're here, and we've got your back. legalzoom. legal help is here. >>> we told you about the upgrade on regeneron. a "new york times" op-ed is pointing out a debate of the cost of their new cholesterol drugs. with us is the analyst behind those upgrades. great to have you with us. the thrust of both upgrades is the optimism surrounding this new class of cholesterol-lowering drugs. and the survey you did. what did you find when it com

deirdre bolton joins us for more details. >> i think everyone does.ently it will be in a lot of cars with an extra choice by 2020. this kind of sensor senses when your pulses, when you show other signs of stress, the ideas you would get a message that helps you breathe a little deeper, calm down even in some cases give you what they call a relaxing massage. this is coming apart from the air, also done with university researchers as well and the idea here is that traverse are less stressed, there will be fewer accidents. it sounds very promising. i agree someone who feels sensitive, and this is something i'll be interested in. and the meantime, since you're talking about volkswagen, his lawyer bringing in a $100 billion class-action lawsuit against the company. he is my guest in a half an hour. cheryl: thank you very much. see you at the top of the hour for risk and reward. >> he is in the air right now. new york city anxiously awaiting the arrival. cheryl: new polls show in trouble for hillary clinton. by the front runner is the same. that is next. ♪

i'm cheryl casone in for deirdre bolton tonight. another china explosion as china's markets sell off. weak manufacturing report making global markets tank. our markets also feeling the burn, closing down 500 points today. fox business's lori rothman with the latest from the floor of new york stock exchange. lori, the numbers are troubling. >> to say the least, cheryl, at least for today. china rocking global markets in fact. dow jones industrials down 469 points when all said and done. not even the worst levels. at one point in the session last hour we saw the dow dip below key psychological level, six teen thousand. -- 6:00 teen thousand. weak manufacturing report. people are worried about the weak growth. christine lagarde warning about emerging market because of effects coming out of china, expect growth to go lower than imf earlier targets. weak economic data out, the manufacturing came in worst level in two years. that gave sellers reasons to dig in and accelerate their selling. the dow dipped below 16,000. s&p saw all 10 secto

deirdre: more than four million refugees have fled violence and war in syria.esident obama says the u.s. should accept at least 10,000 in 2016. so far, the u.s. has been the single largest donor, if you're counting dollars, to the

i'm lori rothman filling in for deirdre bolton. to adam shapiro on the floor of new york stock exchange. what a turn of events. >> yes it was but we haven't recovered all the stocks. the dru close you had up. nasdaq was up 113 points. at least positive for the year or positive territory today. s&p 500, 1948. the key here, the traders were watching 1926 when we first started. we actually broke through 1926. we went below it and fought right back. which they see as a sign we might have hit the bottom. that was a good sign, s&p 500, well above 1926. look at some of the stocks that were big winners today. airline stocks, they seem to be on fire. american airlines, delta air lines and jetblue. jetblue was up 6 1/2% today. american airlines up almost 6% today. you may recall that just yesterday one analyst changed their call on american airlines from hold to buy. so american airlines, delta, jetblue, all the airlines essentially enjoying what is essentially the low price of oil. it means the low price of jet fuel going forward. even thou

deirdre: stocks got crushed. dow fell triple digits.e wondering what to do with your money. you're not alone, our expert guests are here with practical advice, gary b. smith, tim and scott martin, united advisers chief market strategist. so panel, the fed gave two reasons for nonmove yesterday. low inflation concerns about global growth. kim, to you first. what do you do with this information? >> well, i don't know, i don't

deirdre bosa has that story. >> you don't hear words like canada and threat together too often.ld be brewing here in the great white north. canada and the u.s. have the largest trade relationship in the world. if canada slows, american companies doing business here are going to feel it, too. the numbers this morning confirmed canada officially fell into a technical recession in the first half of the year thanks to a huge decline in oil prices. that news and the global sell-off putting year-to-date losses at 8%. the economic contraction was well expected as we've been feeling the pain from lower oil prices for some time. now the question is how long and how deep will the down turn be? on the plus side, the read was not as bad as expected. a positive number in june may indicate the recession will be sort lived. the hope that the u.s. economy will help fuel a rebound has not materialized. the country is in a recession now for the first time since the financial crisis. with the federal election approaching in october, analysts say the government's ability to offer quick fiscal stimu