dennis neil. s where in season right now. shh's no no no no no no..osco ..no, no, no... ♪ opera love it. (crying) ally, ally oh, same dress yeah, you want to get up off the floor? i do. okay. vo: from the new to the hard-to-find: when it's on your mind it's on ebay™. so let's talk about coverage. based on this chart, who would you choose ? wow. you guys take a minute. verizon, hands down. i'm going to show you guys another chart. pretty obvious. i don't think color matters. pretty obvious. what's pretty obvious about it ? that verizon has the coverage. verizon. verizon. we're going to go to another chart. it doesn't really matter how you present it. it doesn't matter how you present it. verizon. more 4g lte coverage than all other networks combined. >>> a bank robbery in l. a. involving a kidnapping and a bomb. two masked gunmen kidnapped a bank manager, held her overnight. listen to what the sheriff's office happened next. >> she was held against her will overnight and in the morning, she either drove herself here or the suspects drove her here, i do

the exhibition shows dennis hopper's photography from the 1960's. there is no staging or artificial light. a perfectly capture a slice of american history. from martin luther king into an unknown hell's angels rocker, artists like roy lichtenstein were often guest of dennis hopper. >> between 1961 and 1967, his house was at the center of the los angeles art scene. pop artists, actors, and the film industry met at his home. they were his friends and that closeness comes across. >> but it's not just about glamour and storytelling. there are also photographs from mexico. one of hopper's greatest passions was bullfighting. >> it's very exciting to see today. it's a piece of cultural history and a magnificent piece of journalism about america in the '60s. >> his pictures showing love of detail. he took great interest in small things and try to find beauty in the everyday. it's the first time the exhibition has been shown in europe. >> how old is jane fonda? >> she must be in her 70's. >> she's been around a long time. that will wrap up for this addition o

and nasdaq having their best intraday performance in several years since 2008 and especially the s&p. dennisadgets continue with amazon unveiling the new kindle fire at 1:30 p.m. eastern. our next guest says the latest version will keep amazon in the game but is it and ipad killer? what do you think of the new fire coming out? >> you have to reduce expectations for this device to some degree. it is just a refresh of the kendall fire with a camera and high-resolution screen and the little bigger and you have a mat and refresh the existing models. it is just amazon keeping up in that sense. dennis: let's amazon that 22% of the tablet markets in 9 months. and with the ipad many at the $200 price point, will that be a kindle fire killer? >> will make things more difficult for amazon but you have to understand the way amazon has positioned its tablets is as a platform to sell the merchandize that goes through amazon.com. upgrading the screen and putting a camera on it implies more video content. one thing it sells is movies. the ability of the company to sell a nice tablet at an aggressive price

the s&p 500 down one third of 1% write-down. dennis: thank you very much.y george washington university think president obama is more supportive of small business. our next guest says that paul is just flat out wrong. he says that romney is the best choice for the little guy. why do you say that? the poll is showing us right now that small businesses are moving towards the president. >> it is funny, cheryl. there have been a few different polls that have come out. i am sure, as you are seeing, there are polls all over the place saying different things. we have more than 600 small business clients that we serve. i speak to thousands of business owners all throughout the country all throughout the year. i get a different sense from the business community. a lot of people like president obama, but they feel more favorably disposed to a romney candidacy. he is just more predisposed towards the business environment cheryl: the one thing i don't think either candidate has addressed thoroughly is how do you grow demand, how to grow the economy. if they do not have

you can clearly see that the consumer confidence index really is what led the s&p to fall. dennisnk in 40 years we were at 19.5 earnings. >> the bond market is predicting a serious deflationary depression. the bond market is always ahead of the stock market. what will happen now is that debt is being downgraded as we talked about. if treasury interest rates start to go up, it will compete with the terms and the stock market. dennis: they are lower than they were a year ago. >> we have not just those things, though we have a major election ahead of us. depending on that, that will affect the market. people are uncertain. things are out of this location. causing asset bubbles by dislocation and throwing money into the system to try to inflate it. we are in a deflationary environment. this is history repeating itself. dennis: dan shafer, thank you for being with us. thank you very much. cheryl: all right. it is day two and both sides of the chicago's teacher strike remained very far apart. all rise because judge andrew napolitano is here. dennis: and coffee prices are perking higher.

s&p 500 right now. cheryl: local, thank you very much. dennisest developments had on the killing of our ambassador. john bolton is up ahead on what the u.s. needs to do now. cheryl: remember this? there is a live picture from san francisco. the announcement of the apple iphone five. we are live. first, how the u.s. world currency is faring. ♪ woman 1: this isn't just another election. we're voting for... the future of our medicare and social security. man 1: i want facts. straight talk. tell me your plan... and what it means for me. woman 2: i'm tired of the negative ads and political spin. that won't help me decide. man 2: i earned my medicare and social security. and i deserve some answers. anncr: where do the candidates stand on issues that... affe seniors today and in the future? find out with the aarp voters' guide at earnedasay.org >> announcer: meet tom, a proud dad whose online friends all "like" the photos he's posting. oscar likes tom's photos, but he loves the access to tom's personal information. oscar's an identity thief who used to

the nasdaq and s&p 500 slightly lower. back to you. dennis: thank you, nicole.ake money with charles payne. charles: the last two weeks this stock is up like a billion%. i love when a stock is downgraded and it still goes up. i like a company called -- it has been around since 1902. they missed the street the last two quarters. the stock has been hammered. when does a stock oversell? i think the stock is oversold. they have stayed steady for the last 30 days. this is a company that will be big-time empowered. they are doing generation of electricity. refineries. you can see the stock, it looks like it is trying to turn here. the stock is down, rightfully. the execution has been bad. now the pe is that a 13. cheryl: we do see a quiet, dramatic drop in the stock price. charles: that is it. listen, when you have two bad earnings report and a row, that is what kind of happened. now it is to the point where it is starting to climb. that is the risk with this particular idea. for me, it is a true value idea. i think these guys are greatly positioned. despite the recen

s&p 500 down also. we have folks here from the ukraine, bulgaria, kuwait, etc. back to you. space. dennispayne. charles: i have two basic services. one is a trading and one is a buy and hold. two of them are recent. i wanted to share it with the audience. i only wanted to take half. it hit 62 today. hanging above the 200 day moving average. this one i would go back into on a dip. the other is chapultepec chipolte. it does not matter how many shares. cheryl: i am wondering about the timing of chipolte. i would be a little nervous of selling out of chipolte now. charles: portfolios should be based on -- we are up 18%. you have to take half of that and think it. the stock got hammered, maybe for a reason, maybe because of overreaction. we did not buy that in in a buy and hold service. if we did, we would still have it. that is how people should execute their stock losses. did you buy the stock to hold it for five years? did you buy it for a trade? dennis: thank you very much, charles payne. cheryl: there is a lot going on with oil today. trading around $99 a barrel today. tensions in the mid

s&p. there are losers as well. we will be right back. dennis: 30 minutes past the hour.tes. nicole: five year highs. the nasdaq at the highest since 2000. it is pretty unbelievable. right now the dow is up 13,603. the tech heavy nasdaq is doing well. let's take a look at some of the names that are getting a big bounce off of said chairman bernanke. a weaker dollar pushes metals, minors, commodities. there are some of the financials. back to you. cheryl: thank you very much. more now on that breaking news. bomb threats at the university of texas in austin. the campus evacuated. so far, no devices have been found. the university one of the biggest in the nation. governor just really think this statement. we are aware of that threat and are in close communication with law enforcement officials. fox business will update you on any new details as we get them. dennis: we continue our coverage on the middle east. we are live in cairo, egypt. reporter: sundown here and cairo on friday. a number of the prayers are marching down here towards the american embassy over my left shoul

the cost of 2008's wall street caused crisis more than $12.8 trillion with a "t." with me, dennis and ceo of better markets inc. we don't even have enough room on the screen for all the zeros. this is a big number. how did you calculate it and what does it mean to us? >> actually it's not that big of a number if you think about it in contest. we had the working financial crisis of 1929. $12.8 trillion not a lot of money, when you think of it in that terms it's not one full years of the gdp of the united states. >> eliot: what is that coming in 16. >> 14 and 15. >> eliot: you're talking about 85% of the year's gdp. >> it's a conservative number, and it does not include a lot of things. but let me tell you how we came up with the number. first of all we catalog the variety of costs in the economic crisis that it precipitated. this are a lot of different numbers out there, so we focused on the gross domestic products what people produced every day. on october 2009 we reached a peak unemployment. we had 26.9 million americans unemployed in 2009. they did not produce goods or services.

s f o 68, concord 6 degrees below average. mid to upper seventies sunnyvale and palo alto. walnut creek 79, 72 mill valley. we keep the sunshine but we stayed chilly. dennis up with sports. >>> which shark is headed to europe and close to the play and >>> let's recap the raiders lost starting quarterback to a broken shoulder yesterday that lost in shawntae spencer teared to a foot injury the raiders are 0 and 2 it will get worse. orlando blows out the candles the giants host the rockies. one nothing giants. top of the theft, this goes for ever hits the bankamerica's on ties the game. in sixth inning hunters spends two men on gets through the right side way of kabul home looks like a track star. giants win two-one, it just ended. they might be locked out in the nfl but not in sweden he signed to a teen in the swiss leak. peyton manning against atlanta the 49ers looks like one of the best teams. a touchdown pass falcons hung on to win 27-21. i have not seen anybody in the nfl back and beat the 49ers yet. [ female announcer ] they can be enlightening. hey, bro. or engaging. conversations help us learn and grow. at wells fargo, we believe you can never undere

s and a wi -- bookend with thunderstorms. >> and good morning. with a closure of our main routes. people traveling through silver on university boulevard dennis avenue. we are shut down in both directions. wires anti dead utility poles down. -- wires and utility poles are down. virginia he should trouble crossing bridge and wilson going through springfield an and dale.d >> thank you. did you hear the collective sigh relief? that was after the nfl have reached a with referees union to end lockout that started at an turgeon. happy aboutpeople this. -- that started in june. askingwere one of those e refs to come back. >> for months they have been over $3.3 million a year in pension money. it is amazing what a blown call days ago can do. >> better late than never, regular officials will return to work tonight after a lengthy walkout. is comical to me. >> it was this play that a wave of outrage. as part of a new eight year deal, they will see an increase $7,000 a season and benefits will be provided for new hires. the league will have the power to replace officials that are underperforming. goodelltement roger -id 4% referees will have a season mo

s corporae companies, before the big companies. we, the little people who you represent, i you should be representing us faithfully. thank you. [applause] >> thank you. next speaker, please. >> keith dennisgood afternoon, mr. dennis. >> god bless you, commissioners. god bless the city and county of san francisco. my name is keith dennis. today, commissioners, i would like to reiterate -- actually, this was not spoken to you. i brought this issue up a year ago to the mayor's office of disability how there are no bus shelters on fillmore and eddie street. today is a perfect example. it is very windy. people are out there freezing because there is no bus shelter. there is no bus shelter on fillmore and daddy andeddi and it -- fillmore and eddie and they also need electronic signs for when we can catch another bus. thank you >> -- thank you. >> next speaker, please. >> commissioners and members of the audience, my name audienceemil lawrence. -- my name is emil lawrence. we've had a lot of testimony in the past year about permits in the city. but without the drivers, you do not have anything. they buy the taxis and repair the vehicles and ensure them. if you think they are your assets, we mus

s. i don't know - maybe. the fried cheese melt is back for just 4 bucks. 1 of 4 big 4-dollar meals on the 2-4-6-8 value menu. only at denny's. open all night. . >>> four people made their first court appearance today in stock son on charges of abusing five children in their own [inaudible]. they were arrested last friday. police say that the five victims were abused both physically and mentally and were malnourished. they are the neice and nephews. the adult family members facing 11 charges including torture and they are being held on one million dollars bail. >> the santa clara da's office said it'll not file charges in connection with the shooting death of a police officer's 3- year-old son. the child shot himself with his father's back up gun on july 5th. according to the da's report the child's father brandon orlando had left it in an unlocked bed side drawer they normally didn't do. even so the report said that it would be difficult to prove in court that a child would have been likely to find the gun. >> a man from concord was sentenced to either years today in a law enforcement scandal that made national headlines. t

denny's. >> good morning to you. nice start on the area roads as you head out this morning. let's see what's going on this morning in interpret s of drive times and delays. we do have a closure. preston street and cathedral. watch out for those closures. monument street remains closed at wolf and patterson park. continuing to run smoothly out of the owings mills area. checking in around 68 on southbound 95. 65 on southbound 97, if you plan to travel through the glen burnie area. let's look at traffic out there. very light volume here right at white marsh boulevard and pulaski. everything is running smoothly to and from the key bridge. the entire belt way running smoothly so far this morning. let's get the latest on the buses and the trains. good morning, kirk. >> good morning. we're moving along nicely. we have a delay on the 16 bus affecting the 58 bus. 27, 33,44, 51 and 57 and 91 buses dwerget. 5, 13 and 35 buses diverting. when you're away from your radio or television, transit updates are available on demand by moan weekday morning,. -- phone weekday mornings. now back to tony. >> thanks, sir. another quiet and cool start f

dennis miller both warming up in the bullpen. we'll see who has got more heat moments away. ely. >>. >>fqv8f >>. "sale announcer ] if it wasn't for a little thing called the computer, we might still be making mix tapes. find this. pause this. play this. eject this. write this. it's like the days before esurance express lane™. you had to find a bunch of documents just to get a car insurance quote. now express lane finds your driving info with just one click, saving time to be nostalgic about the days before express lane. thank you, insurance for the modern world. esurance. now backed by allstate. click or call. >> bill: weekdays with bernie segment tonight. as usual the presidential candidates are gravitating towards soft venues. >> this is the most serious question of all. honey boo boo or snooki? [ laughter ] >> do you know who either of these people are? >> i'm kind of a snooki fan. >> had a baby now. >> look how tiny she has gotten. she has lost weight and energetic. her spark plug personality is kind of fun. >> also president obama on the letterman program last night. dennis miller will analyze

i think this s i'm long gold in apple terms by the way, tip of the hat to my friend dennis gardman. think this is a big thing and we've got another week's worth of it because next friday we'll get reports of how many were sold during this first period. >> weiss, there are big numbers being thrown around today as to how big the sales will be, 6 million, 6.5 million, one note today from gene muenster thinks it could be 8 million by virtue of his channel checks, that being the lines, which he says are 83% bigger than they were a year ago or whatever. >> i'm sure gene has had the time to at least see two lines. that makes it unanimous. we're going to have analysts like they do with the price target have them saying can you top this and picking the high end, some will pick the low end of estimates, but what it's going to be about in not too short an order is what is the next product, where is the next growth, come back to itv, so you can still own apple. it's a great play and i'm not trying to start early here but it's a good thing that doc is sitting between me and grasso. >> you took t

s&p is up nearly four points. the nasdaq composite up one third of 1%. much like the dow, up one third of 1% as well. back to you. dennisank you. cheryl: breaking news. philadelphia fed president is speaking out against the feds latest round of easing. peter barnes joining us now with details from philadelphia. >> we have his remarks. he is about to begin his speech. he is ripping into this latest move by the fed to stimulate the economy more. the additional quantitative easing announced a couple weeks ago. he says it will not bring down interest rates enough. not enough to make a difference. he thinks any reduction will be "small and transitory." he thinks consumers are still creating their balance sheet, cutting debt and saving more. he thinks low interest rates will have the opposite effect because of low returns on savings accounts. people will save even more dust cutting consumer spending. he thinks the real problem is issues beyond the control of the fed. he worries that the fed benefits are not worth it. he thinks this will sow the seeds for additional inflation and this -- he favors starting to raise interest ra

dennis: top of the hour. time now for stocks. nicole: use either dow jones industrial average down about two points. the nasdaq composite down and the she same. the dow was slightly higher earlier. we do have that back and forth action. traders are saying that yesterday's pullback, light volume, we are looking for some direction here. on apple, though, clear direction. new all-time high today. went up as far as 701.44. this is because of the iphone5. setting all kinds of records. it is sleeker, faster, has a bigger screen. back to you. cheryl: unbelievable. thank you very much. looking at home builder confidence. it rose in september for the fifth consecutive month. it has been climbing constantly. a rating of 28 and may too today at 40. jerry howard joins me now for a fox business exclusive interview. will we see that positive reading of 50 before the end of the year? >> i do not know, cheryl. it is going up on a roll right now. one of the sub components of the index is at 50. weekend see it for the building season. cheryl: there are some interesting things going on to regions. you have a 45 and close to 50 there. at least on the sub

denny's. pick up hat cup of joe and celebrate nntional dunkin doouts joins us live in stuuio with more.- ho s pay?- wwha's ew at dunkin doouts?-whht is the most popular thing on the menu? forrmoree inforration on national coffee day and to find nationnl coffee daa and to find your looal dunkin donuts log on to foxx altimmre dot ccm slash morninng &pcooing upp.. "myspace"... is making a feetures the sitt wiil soonn offer... to compete wwth facebook.you're watching fox 45 orning news.. all local.. all morning. ((break 3)) ♪ i, i'll bring the fire make you come alive ♪ ♪ i can take you higher what this is, forgot? ♪ ♪ i must now remind you let it rock, let it rock ♪ ♪ let it rock ♪ just let it rock ♪ let it rock ♪ this time week but we have someone that the eekend. comedian joey coco iaz joins us live this morning forrfunny #1 comedy album?- where do yoo wwat topics will yyu never take out of your stand-up routine? p3 for more information on funny friday and to hear more abouu joey coco diaz llg on o fox baltimooe dot com slash morning. 3&coming up... what's yourrfavorite beer?sam adamm... aybe

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dennis: 30 minutes past the hour. stuck now. 320 we got the news about spain and their banks. it came in not as bad as it could have been. we are saying that now, she nasdaq coming off. breaking news. we have seen the dollar has come off of its earlier strength. let's take a look at some movers here. names that grab wall street. shareholders who are upset about the acquisition with merrill lynch. that is actually the largest shareholder based on shareholders that were upset. look at facebook. up 7.5%. research in motion, still up after their report. cheryl: thank you very much. we do have a market that is down today, but still we are on track to close the month of september and the third quarter on a positive note. todd shellenberger joins me now. actually a pretty decent performance. >> fantastic. and a lot of it had to do with the bad. everyone was expecting for bernanke to pull the trigger on quantitative easing. we can only suspect it is a great time to be bullish on the market. cheryl: let me point you to the s&p. we are pointing back to the 2010 level. our you nervous at all that this bernanke found ? >> not at all. you have this because a

dennis: how would 2% online tax be? so no p at does windows. the faltering phonemaker unveiling its windows-based since soft phone. let's look at some of today's s losers. ♪ >> reporter: i'm nicole petallides live on the floor of the new york stock exchange. up arrows for the major averages, and i wanted to take a closer look. on the move, and one of the reasons is because they're closing two plants located in maryland and france. they have one in venezuela which spurred down. what they're going to do, the have a workforce of about 5200 folks. there will be taking a charge of $25 million the current quarter for this restructuring, but with this move of closing those plants in maryland and france it will be cutting about 250 jobs. there is a look at foxbusiness.com today. -- foxbusiness.com today. some of the names under the umbrella include charlie and mitchell, so we're all very familiar. they compete directly. dennis: thank you. end shares of lucky get pelted this morning just after the company unveils its new comeback phone. a bad sign. adam shapiro joins us now with the president and ceo of nokia. >> reporter: were going to ask that question

dennis: 30 the hour. stocks every 15 minutes. nicole: we are talking about a replacement in the s&p 500.ow jones industrial average. united healthcare went in. now we will look at a change on the s&p 500 did kraft foods group will replace a natural resources in the s&p 500. that is after they left the dow. a natural will go into a smaller s&p index. going into the s&p, the mid-cap index. that will be interesting to watch as well. it has been an underperforming. it will be a big move for kraft as well. they have to exactly duplicate that average. those 500 stocks would give thought. thank you. cheryl: nicole petallides, we will see you in 40 minutes. joining forces with clinton global initiative. philippe cousteau cofounder biz five. we have been on this journey. it is up 5% since you are here and made. >> yes, we are very excited about it. on sunday year with president clinton. you are making your first charitable commitment. >> the fund was designed to be an etf with a mandate that would hopefully be successful and has been. a percentage goes into charitable foundations. we announced th

s. i don't know - maybe. the fried cheese melt is back for just 4 bucks. 1 of 4 big 4-dollar meals on the 2-4-6-8 value menu. only at denny's. open all night. >>> fast track to the capital demolished, a story we first told you about last week. governor brown vetoed a bill brought to us today. it would have opened the bay bridge to the aquinas bridge and serve everyone. the governor decided it was more important to encourage people to carpool and that the bill went in the wrong direction. >>> some personal observations from arnold schwarzenegger. his autobiography "total recall" doesn't hit stores until next month, but we're getting a sneak peek tonight. he talks about the boy he fathered with his housekeeper. his wife, maria shriver, booked them a counseling appointment the day after he left the governor's office. he thought the meeting was about transitioning from public to a more private life, but instead the therapist asked schwarzenegger if he had fathered the boy. apparently shriver had suspected it for years. schwarzenegger wrote that he apologized and groveled for forgiveness. he said even though she filed for divorc

s. cramer denise elizabeth crant james leslie crawford, jr. robert james crawford cara kathleen creamer. joanne mary cregan lucy crifasi john a. crisci daniel hal crisman dennisd crotty thomas g. crotty and my cousin, nicholas pollitt should follow, firefighter and c. 35. we miss you every single day and all the fallen are missed every single day. god bless you all. these are not just names that we read. god bless the united states of america. welles remy crowther and my outgoing godfather, michael maca rallied. not a day goes by where i don't interview. we all love and miss you so much. robert l. cruikshank john robert cruz grace yu cua kenneth john cubas francisco cruz cubero richard j. cudina neil james cudmore thomas patrick cullen lll joyce cummings brian thomas cummins michael cunningham robert curatolo laurence damian curia paul dario curioli beverly curry andrew peters charles green. michael s. curtin gavin cushny carlos as dacosta. brian powell vow. thomas a. damaskinos and my brother, fred mercury. we miss you so much. we're all here and your friends miss you, too. >> and my cousin, port authority police officer come you are angel camacho everyday.

s. i don't know - maybe. the fried cheese melt is back for just 4 bucks. 1 of 4 big 4-dollar meals on the 2-4-6-8 value menu. only at denny'suge selection of clearance mattresses. get 2 years interest-free financing on tempur-pedic. but hurry, sleep train's inventory clearance sale ends soon. ♪ your ticket to a better night's sleep ♪ >> this town in new mexico only has one police officer and it is a dog, seriously. the only certified police officer in new mexico of this drug dog. the police chief has stepped down because of delinquent child support. the only other officer up to the guilty. leaving this dog in charge! >> this rare whale off the coast of australia. somebody in the helicopter had these photographs. they believe that this is a famous albino. it was the only documented all white will and the world. and this new book from the j k rowling.. it is called " a casual vacancy " in a small english village about the unexpected death of a local official. it is getting mixed reviews but a huge seller. already number one on amazon. >> sports, the orange & placard time to close out their season with a win against the diamon

s&p 500 down. the nasdaq down a half percent. the dollar is stronger. back to you. cheryl: see you in 15 minutes. dennis: volatility ahead.ds of warning from our next guest. jeffrey hirsch is with us. he is author of the little book of stock market cycles. we are also joined by scot wren. scot, let's start with something simple here. will stocks be higher by year end? >> dennis, our year and prediction and has been 1400- 1450. i think we are at the lower end. i am certainly looking for some sort of pull back here. i would love to see a pullback. lou: jeffrey hirsch, higher or lower a year and? >> a little higher by year end. you usually see some turning. after the third quarter, it is a difficult week. dennis: how do investors play the election? do you have to think romney versus obama wins? >> i do not think so. the post election year is weak across the board no matter who wins, republican or democrat. i think we will rally up until the first quarter. dennis: scot wren, doesn't matter who wins? >> dennis, i think what will happen, in my experience, anyway, if one candidate has a big week here over the course of the next

2001, 89 of those s&p500 companies confessed they will be short of the estimate 21, just 21 saying they will top forecasts. that's the widest margin as far as that ratio's concerned. dennis the reporting season. we have red flags from major corporations that the economy's just not that great yet. that could stall the rally. dennis: they are warning this early, though? >> yes. dennis: give the market a chance to adjust ahead of time; right? >> right. cheryl: thank you, sandra smith with the trade. there's a taste test coming up in two hours. the so-called jailbreak on congress, leaving town as the count down to the fiscal cliff ticks away. dennis: what could happen if obama's tax increases take effect. keep it here on fox biz. want to try to crack it? yeah, that's the way to do it! now we need a little bit more... a little bit more vanilla? this is great! [ male announcer ] at humana, we believe there's never been a better time to share your passions... because the results... are you having fun doing this? yeah. that's a very nice cake! [ male announcer ] well, you can't beat them. [ giggles ] ohh! you got something huh? whoa... [ male announcer ] humana understands the v

dennis: more on an exclusive interview with boston federal reserve president eric rosenkrantz in support of the most recent bond buying program. open ended a huge bank and look at the s >> taxed to death already, and now we learn president obama's health care law forces 6 million people to pay taxes. we investigate. fighting against jihad offensive? why the new york transit authority was forced to run this ad, and, plus, the world's biggest sheraton opening in china. we talk about the asia strategy. >> 4,000 rooms at this sheraton talking about the global trait scwi as well in the business interview. as we watch the markets, after the national jobless claims coming out, you're looking at a couple stocks in particular. what did they say? >> that's right. when you look at right -- rite aid is under pressure. they had an expected quarterly loss, but a loss nonetheless. about 1100 market cap, 1.1 billion market cap to be specific. they have been remodeling stores to step it up, but there's a down arrow. major market averages now, dow and s&p to the down site, s&p down one-third of 1% and nasdaq nearly a full percent. the transports on the dow jones market talk today, you

s. i don't know - maybe. the fried cheese melt is back for just 4 bucks. 1 of 4 big 4-dollar meals on the 2-4-6-8 value menu. only at denny'sopen all night. >>> shocking drug charges against an elementary school principal in the south bay. janine dela vega at the school and parents are now finding out what happened. what do you know, janine. >> reporter: classes began a short time ago, in the last 20 minutes. district officials told me that sometime this morning, depending upon the age of the kids, they are going to explain to the students what happened to their prince pam. that principal's name is eric dean lewis. he will be arraigned on felony drug charges. a spokesperson for the department of justice said they received a tip that lewis was involved in drugs and frequented a dating website. an undercover agent set up a meeting and he was arrested thursday afternoon. authorities say they found methamphetamine, ghp pills and scales at his san francisco home. the parents we spoke to this morning say they are sad and shocked to hear this has happened. >> i haven't even fully digested what you told me because that's just not -

dennis: for the first time in a long time, many are betting bernanke and company will be making a strong move. peter barnes will have that. cheryl: we have equity analyst at sin new york. we have money manager mr. blumenthal here. we also have felt played at the cme. we begin with nicole petallides at the new york stock exchange. nicole: a lot of the traders have talked about the wait and see. we are waiting to see what they will deliver to us in this hour. right now the dow jones industrial average is up. i want to take a look at the banks. sometimes they can be a good indicator as to what to watch. these are all the things we will continue to watch throughout the hour. here is how they are faring at this time. the ten year bond 1.71%. dennis: let's check in with bill flynn at the cme. >> that is a big move by the federal reserve. i have been standing here right now in the libor picked. they have been coming in on the 2005 euro dollar options. they have been betting that the said is not going to extend the time period of keeping interest rates low. right now the market basically pricing and a similar time when rates will go in november of 2014. that is for

s. i don't know - maybe. the fried cheese melt is back for just 4 bucks. 1 of 4 big 4-dollar meals on the 2-4-6-8 value menu. only at denny's night. >>> a suspicious fire breaks out at the law office of vallejo mayor osby davis. the search now under way for the cause. good morning, everyone. i'm mike mibach. >> and i'm claudine wong. so far mayor davis is declining to make any comment about this fire. a fire investigator has been called to the scene and christian captain is live now outside the private practice with what's going on now. christian. >> reporter: and just the last 10 minutes or so, fire crews left the location. there's actually construction crews here who are just preparing to put up some plywood, trying to board off this building. you can see just how much damage was done. that is the front of the law offices here of mayor osby davis. if you look up you can see his name on the big marquis. a great deal of damage done to that front office and investigators were on the scene trying to figure out exactly how that fire started in the first place. crews have spotted the fire here at 1:30 this morning and say when

s. i don't know - maybe. the fried cheese melt is back for just 4 bucks. 1 of 4 big 4-dollar meals on the 2-4-6-8 value menu. only at denny'sh day of september, 2012, and it's another in a string of beautiful days here in new york city. let's keep our fingers crossed that it's nice where you're waking up as well. out on the plaza, some nice folks gathered. i'm matt lauer along with savannah guthrie, al roker and natalie morales, and coming up, we have got a tour of celebrity homes. everyone from an oscar winner, it a sports superstar, have put their homes on the market recently, and barbara corcoran is here to take us on a tour, and some of these are a tad on the pricey side. >> not surprised. >> you think? >> exactly. >> not the under $250,000 price tag. >> no. >> this one is different. we'll talk fashion. do you want to wear the hottest trends but you don't have the body of a supermodel? well, we'll show you how you can wear some of the season's best looks in plus sizes. >> and turning something old into something new. schools all over the country are changing the way kids learn. so this is going to help them better prepa