if they think the dollar is going lower, strong dollar was their head wind. buy this on weakness. >> guy? >> great having you on board, sara eisen. >> thank you. >> cerner. they're coming off a huge quarter. i still like cern. >> not one you hear about every day. that does it for us on "fast money." catch melissa lee and the crew back here on tuesday. but don't move yet. we've got "options action" coming after the break. >>> we're live at the nasdaq on a record setting session. the guys are getting ready behind me, but first here's what's coming up. ♪ up through the ground come a bubbling crude ♪ >> and could it bubble a lot higher? we're telling you how high you can profit. plus, let's. security stocks have been on fire this year so how do you cash in now? we've got the play. and talk about accelerating. shares of ford are up 10% this month and one of our traders says it could go even higher. the action starts now. we want to start the show with some breaking n

they refer to the strong dollar.ially getting a little touch of cold feet in terms of the timing on when they will move on rates. janet yellen give us her fresh view. equipped with the unemployment numbers from christmas. let's check in on dollar sterling. one of two individuals. he stepped back from that. he said, the risk of low inflation is that the behaviors we adopt when that happens become entrenched. the next move will be upwards and gradual in terms of rates. traders are paying the most premium to protect themselves for a downside move on dollar sterling. this is the overall year to date. down by an eight of 1%. dollar sterling is something to keep an eye on. >> the top stories on bloomberg this hour, pressures mounting on greece and european creditors to strike a deal. the prime minister's administration will submit a request for a loan extension. the bailout program expires at the end of february. he says this week marks a crucial point ahead of that deadline. >> we are at a critical and sensitive point in

every dollar that's taken from americans in taxes and every dollar borrowed is a dollar that can't be spent on paying for your child's education, on buying a car, on paying your rent, on paying your mortgage or buying a house. all things that american people want to do we would suggest are made more difficult because of the president's budget. now, despite the president's massive tax increases his budget never, ever, ever comes to balance. the president is saying we should keep spending more money that we don't have and leave the serious problem of our growing debt to someone else or to some other day. $8.5 trillion will be added to the debt over the next ten years and the president seems content to do little about it. even more disturbing is the fact that the president is once again just ignoring the challenges in our retirement programs and leaving current and future generations to fend for themselves when these programs eventually collapse. isn't that just doing nothing and breaking the promise to today's seniors and tomorrow's retirees. in order to increase spending across the boa

a lot of strong opinions on the dollar, strong dollar sounds good.t, do we want it to be this strong. >> we don't want it muscle-bound, it is great for consumers, last time we had a strong dollar, amid an economic recovery was in late 1990s, because that real consumer spending was growing by more than 5% annually for 3 years, inflation, core inflation was less than 1 1/2%, great time for consumers not so good -- >> how did that happen. that is a magic combination. >> how? we had a big surge in productivity. productivity is growing by more than 3 percentageialy, that happened by introduction of internet all of these advances in telecommunications, technology. unfortunately we had a bubble taking place. charles: hen the red -- hence the red flag. >> do you know what i like about strong dollar, it attracts people to our treasury, treasury yields is is stay low even as fd brings up short-term rates. if you have a 1% short rate, 2% long rate that is a great environment for the economy and financial assets. a rise in interest rates -- >> does it do anythin

i find the dollars i didn't hear about the dollars in the second i'm less concerned about the outcomes i think that we should be also promoting you know good public health and what that is and it changes as health patterns change i have a question for the director how do we budget on an ongoing basis for the health prompts is it project by project it seems a hard way or do we have a big staff that perfumes professional products is there a way we look to get out health messages from outing our coalition >> as you've heard the different parts of dollars one of the questions to our staff the other day can we deliver those together are is did media corporations bundle it up to get a return on investment we don't have a campaign budget and that is something, of course we can work with each has budget 90 but not a budget overall. >> is that because of the coalition or the budget. >> the funding that we have not had in the past i'm sure you're aware of this is the second year of having a balanced budget and the public health in terms of one of the issues how do we leverage our my campaigns we

keep an eye on the dollar. aussie dollar. market is not remotely bothered by the challenge to tony abbott's leadership. the aussie dollar has had the biggest weekly gain in almost a month. the rba produced the growth forecast 1.75. they kept the inflation target. if they had wanted to say they are more dovish, they would have dropped their inflation guidance. squeeze the neck of the turkey. morgan stanley said, you have rates at 1.75 percent. there is the euro dollar. they allowed the greek central bank to attribute 59 million euros worth of liquidity. did they have the right to cut off the funding? >> the top stories on bloomberg at this hour. angela merkel and francois hollande will head to russia to press president putin for a cease-fire. john kerry says america is working to change russia's behavior. tony abbott the yesterday and prime minister, says he will oppose a measure by liberal party mps seeking a vote on his leadership. it comes after an e-mail saying they must address concerns about him. the ballot will go ahead

they sell oil in dollars on the international markets. venezuela brings in far more dollars than they used to. there are major shortages. people lining up for hours for basics like milk toilet paper, et cetera. the company doesn't have enough dollars to buy the imports that it used to. this happens because the government decides which company can have some of the precious pile of foreign currency to buy stuff on the international marks and who can't. companies like the estate oil company, or -- they're number one on the list. both are rated junk. if push comes to shove venezuela pays the oil company's debts before other kinds of debts because if they don't, the oil company shuts down. that's where venezuela gets all its money. they don't want to do that. some of the dollar denominated bonds come due in october. just eight months from now. they trade at 88 cents on the dollar. the yield is 26%. it's issued with the coupon only 5%. fidelity had some venezuelan government bonds for sale today due in 2018 selling for 52 cents on the dollar. y

i believe the dollar amount should be $89,362. i think there's a typo in the agenda. is that correct, monte >> my understanding was it was 86. elana it was 89, you are correct. >> so it should be 86? >> no, it should be 89,362. >> 89,352? >> 62. >> with that motion -- with that change, could i have a motion to discuss? >> president james, commissioners, my name is monte cimino, we seek authorization to modify the grant with the mental health association for hoarders and clutterers. the ichc is a nationally recognized leader in policy development, innovative training, peer response services and supports. for this upcoming authorization we are looking to develop an online resource web site, start support groups for family members of people dealing with hoarding and cluttering, targeting limited add nonenglish speaking consumers. with the development of the online web site what we are looking to do is develop a web site that's more dynamic than the current web site we currently have. consumers and people interested in the services will be able to enter the services they

shares closed today at just over 122- dollars a share.the tech giant a market value at apple crossed the 700- billion dollar threshold back in november and again last week. but never closed at that level. anaylysts expect shares to soar to 130- dollars over the next 18 -months. reporter>>: we had a beautiful daya san diego t-v sports anchor is now we have clear skies we were looking at now is a large moister plane from alaska down and tell the bay area. we are going to be having some warm meat warm temperatures later in the week. but the lunch hour it will warmup into the 50s and 60s. and we will have some '70s in store for the afternoon. we could still see the potential for some record highs across, the south bay and maybe sunnyvale. oakland will warm up to 70 tomorrow which is above average for this time of year. it will be in the upper 60s by fierce day going into the '70s by the afternoon. by sunday is it will be in the lower 76. pam moore>>: in stable condition tonight. after being shot outside his home. kyle kraska is the sports dir

new zealand dollar along with a aussie dollar falling on the heels of chinese data. we are counting down to the opening in japan and korea. let's head over to japan. nikkei 225. futures, 22 a higher open -- pointing to a higher open. a robust jobs report on friday coming out of the u.s. the dollar-yen is strengthening. trends asia plane crash in taipei killed 35 people. how there are new revelations that the airline pushed the government to delay a safety rule designed to prevent such accidents. a story you will see only on bloomberg. what did they learn? pilots andrned that aircraft need more time at the gate in between flights. the logbooks reveal the pilots of this flight were on the ground just 20 minutes in the prior time before the flight crashed. they had made two trips that morning. this was their second trip to this island off the coast of taiwan. on the return, this is when this problem surfaced. this is not the first time that been revealedt is that their planes do not spend enough time on the ground. in july of last year, when the first crash happened, th

this is dollar ruble. the dollar rising. the dollar has been falling. the ruble has been rising.asis. the record low actually happened on december 16 when the dollar reached 79 point 16 after the russian central bank raised rates to 17%. since then the ruble has rebounded a 24%. one man is unimpressed i the rebound. he is an analyst. he says the ruble may reach fresh lows this corridor as the plunge in oil threatens its investment-grade rating and turns russians away from the currency. he said the comments just before on friday we had moody's cut. russia's investment grade to junk. it is worth listening to because it topped bloomberg's ranking of foreign exchange analyst through december last year. it predicts the ruble will average 77-79 in the first quarter of this year from a level of 63 today. that call is more bearish than the 67.5 forecast of analysts surveyed by bloomberg. according to analysts, the second quarter is going to be the low for the ruble this year with the medium forecast of 68. credit suisse is the most bearish with the prediction of 83.3. the most bullish is

dollar/yen is seeing the dollar weaken. just want to give you an update on skies stock price which is in deed at the top of the ftse 100. earlier we were reporting the price of be sky be. put that's after first half profits showed a 16% rise which was ahead of forecasts. >> greece's finance minister says a country will never seek financial aid from russia. he's there for debt talks with mario draghi. >> meanwhile, the greek prime minister received a great welcome. they were seen hugging and shaking hands in the last hour. a lot on the agenda today julia. >> yeah there is. both in frankford as you mentioned and also here in brussels. we have just shown pictures of the meeting between them. it had the greek press in rap tours. the patting of the backs and the kisses we saw and both parties laughing as they walked off. that's the backdrop for discussions and the most pressing discussions are going to take place in frankford. it's likely to be a big broad discussion about what to do about greece going forward. they have to make

dollar. listen. >> you got to love the dollar. you just have to love the dollar. the u.s. has an economy, and the fed is talk about raising interest rates right to when the rest of the world is finally, finally talking about cutting them. liz: and now take a look at the dollar performance since you said that. for all intents and purposes since the start of the year, that was early january. it's up significantly. >> huge. huge. liz: does that continue? >> it continues. liz: you would continue going long the u.s. dollar. >> you are going to see parity. it's $1.13? you will see parity, there's a good chance over the next year, you're going to see records against the dollar and euro. tomorrow got down to 89? that is possible, but parity you're talking -- liz: you're talking a decade ago when the euro launched. >> when the euro began people were worried about it, it got down to 89 cents. >> i'm sorry, can i ask you to clarify. are you predicting it will get to 90? we're at 112 or 113. >> first it goes through parity and the way the world is going right now, you got a shot at 89

the problem is the dollar. that is the real focus. the overall too much strength of the dollar.can start to see oil pickup a little better. >> we want to get to our word of the week. we talked about oil. how does that factor into what we are seeing right now? what is this relationship to another word we often talk about? >> backwardation is what we are were at. if we go to next march's oil, it is trading at $63 a barrel. it is turning into a premium. that is called contango. it is a normal rotation. >> moving forward, we will see how it plays out. thanks so much. we will continue to keep an i on oil prices trading below 50 at the moment. >> thank you so much scarlet fu. if you're are just joining us here's what you need to know. the government greece is now trying to satisfy voters and euro area finance ministers. they have until the end of the day to come up with new financial policies in a change for funding -- in exchange for funding. here is greg we are in the process of compiling a list and we will submit them in due time. we are pretty confident actually, very confident th

who needs 40 million-dollar. apparently power ball loser greg doesn't. >> we just don't play unless it is hundreds of millions. >> reporter: but beer distributor for selling the million-dollar ticket their second one in two years. >> same deal where they hit five numbers. >> reporter: will net 50 ben franklin and they are curious if the winner is a regular or chance customer who turned $2 in/a million n glenn mills cbs "eyewitness news". >>> in weather tonight we are looking at a quiet night across the delaware valley, if you are inside looking out. however it is getting cold and windy out there, with those arctic wind blowing on in. our ben franklin bridge is looking good beyond that, we will be seeing some clearing skies. across the delaware valley we're talking about cold, our eyewitness weather watchers are saying yeah, we saw comfortable conditions earlier but now beginning to feel the impact of the change. eileen is reporting from gilbertsville and saying wind northwest at 4 miles an hour hold on to your ha

of that 662 thousand dollars was done at the time the accident occurred. so we added the 465 thousand dollars for site work which included a whole series of deeply drilled reinforced concrete piers included map slab foundations and retaining walls drainage excavation, backfill and slabs to produce building pads and outdoor usable space. those totaled approximately 465 thousand dollars based on dbi's estimates. >> and the other question i have would be -- and what is the total cost stated for the permits for the subject property's destruction? >> i believe a copy of the permit form -- well, what we need to do is go to dbi's full report which i don't have with me. >> that's fine, i can ask the department. thank you: you're welcome. .sing thank you, mr. sanchez? >> thank you, good evening, scott sanchez, planning department, so first i have a few point ins the beginning, questions in regards to the form type, the application form type, that's a determination made by the department of building inspection, whether it's an alteration or a demolition, there's dif

>> right. >> i just would say that the add back money from the board is the bulk of these dollars. there's a very small portion that is one time only from the state. we have been experiencing one time only from the state each year, we just can't ever know the exact dollar amount. the money that came to the add back from the board, though, is on-going dollars, so those, the vast majority of these meals, will stay in place. but as linda has said, we do go out to periodically so within a few years we will be out to again. but we're not expecting to see a downturn in these dollars in either place. >> i'm just wondering where the commission office has any plans or intent or desire to go and search to do some, to find some money from the rich tech people. i'm just asking a question. >> currently we have many providers who actually serve more, many more meals, than what we provide dollars for. and most of our, the folks that we work with have been great at raising dollars and so many times when you see an organization going past what we would fund that's because they have fund raised doll

the hive for the dollar 121.46. -- the hive for the dollar, 121.4 6 -- high for the dollar 121.46. yen has been stuck in the 116-120 trading range. analysts we have surveyed forecast the yen to weaken to 1.19 in the first quarter, 1.22 in the second quarter 1.25 in the fourth quarter. sac so bank is the most confident. citigroup is penciling in 130 two yen. on the bullish side ubs and mitsui with a 115 yen forecast. in the short term, investors are reducing to the least since july of 2014. that is on speculation the boj will refrain from easing its policy this week. the currency strategist at commonwealth bank of australia says, we think boj will announce more policy easing on april 30. that will be a major catalyst for dollar yen to lift significantly. remember the last time the boj used policy -- eased policy. october 31. the yen fell from 1.092 one point -- 1.09 to 1.16 in just two weeks. has the boj gotten in there to surprise the markets again? leading to the question has begin autumn against the dollar -- the yen bottomed against the dollar? >> the former angela merkel party

a dollar today would be worth a dollar tomorrow. imagine what it would be like if you wake up tomorrow morning with a 17% flat tax and eighth fixed long-term mortgage of 4.5%. imagine what they want to do for family life. the likes of which has never been seen before. wage earners can save more easily. parents will have more time to spend with my -- with their children. they have more time to devote to home and heart where the true value lies. it is only this way that homes will be returned to our nation. it is by commitment of family values, not just by rhetoric that resources, that the moral and spiritual decline will be arrested. a cannot be replaced. the liberal ideological attempts to do so have disastrously ripped their social fabrics. everybody talks about values. this is a campaign. let me tell you how i see the values issues. all of us are created equal. values mean -- that means giving parents the means to educate their children in the school of their choice. younger workers now know you get nothing. values mean giving mor

the child follow the dollars.plause] i'm here to tell you that charter schools are great but that does not mean that every child should be in a charter school. every child is different and the people who know us are the moms and dads. maybe a private school, dual enrollment programs, a catholic school, an independent school. the point is the power of parents. today we have that, but only for the wealthy. if you're wealthy, you can move to a neighborhood with great schools. if you are wealthy, you can send your kids to a private school. if you do not have resources, you're more likely to be trapped in a failing school. that is exactly the obsessive what we should be doing. education should be helping to grow our economy and create engaged, responsible citizens. you will hear later on this panel from a state senator from new orleans. a champion of our bill. it was not about politics. she is a democrat, and i'm a republican. there's your question, there have been dozens of laws and i proud of all them. the single mos

the dollar and oil. beakers? >> we talked about the dollar getting stronger. the dollar versus oil. back in 2007, right? so today looks exactly the mirror image of this. let's start with 2007. this is oil. the dollarweaking. then the fed comes along and cuts rates. the unintended consequence of that was you had an undersupplied oil market and oil just absolutely ripped and hit record highs. let's fast forward to today. we are looking at oil in the orange again. oil is an oversupplied market. the fed here, this is where the fed started the taper. the dollar has taken off and oil has cratered. this is the story of 2015. as long as the fed continues to threaten to raise rates, to normalize rates, the dollar gets stronger. commodities get weaker. oil in particular gets weaker. >> a couple of weeks ago you were talking about a weaker dollar. what do you think the direction of the dollar is. i get the inverse relationship. i don't think it's rocketing up to 102, 103. >> about two weeks ago, a fortnight to everybody else on the metric system i talked about. it didn't materialize. i thought

do. >> it is not just the strong dollar, but also the speed of the strengthening dollar. think that's really the crux of the problem. even if you put on various hedging strategies, you are not able to shelter yourself from some of those gains. we are still a long way away from saying the dollar is going to be sufficiently strong to hit the growth trajectory. it may hit the margin on corporate earnings, but you may see the top line level being compromised by dollar considerations. i think we are a long way away from saying the dollar is going to hinge on growth. we can expect politicians to put their heads above the parapet. that might be another interesting scenario. >> interesting, despite the strength of the dollar, the pound had its best week against the dollar for a year. strong pmi data giving it a boost. we approach the inflation report this year. maybe we should call it the quarterly deflation report. the governor could signal the economy heading into the negative inflation. >> indeed. we also get the letter explaining the miss in the inflation target as well. in a

for dollar. >> i appreciate that. but the budget is a ten-year window. we look at ten-year numbers. cbo looks at ten-year numbers. omb looks at ten-year numbers. i would point out just tangentially that the defense budget is at its lowest point in 50 years as well. so this discretionary side is getting pinched on all sides. and i just think it's important -- isn't it disingenuous for the president and for you to say that these dollar for dollar matches are in place without completing the sentence, which is, oh, by the way, at the end of the budget window they're not? in fact we spend a whole lot more money for nondefense than for defense? >> one of the things that we made clear in the budget, we've worked very, very closely with the department of defense and the joint chiefs to make these additions. i think we've done them really focused in a strategic way in the key areas that allow us to keep our technological advantages over our adversaries while also looking for smart savings. we are also wor

dollar.se people have two currencies. they have the chinese currency and the u.s. dollar. hampering the central bank's efforts to ease monetary policy, which i do not think is a big deal. willally, monetary easing not solve deflation. the growth in business is always -- always goes to businesses or governments. >> how much longer can the central bank keep on vigorously ?efending they are buying it with dollars consistently. >> i think the downward pressure on the exchange rate is temporary. because chinese imports have fallen. >> but those imports are cheaper because of commodity prices, right? >> conception is still going on. still goingon is on. >> how many more bridges can they build? that is the point, right question >> yes. chinese imports with raw materials and equipment, when you do not invest as much, you import last. -- less. it is a very -- it is very difficult to see a currency .ppreciate a lot >> it is not a bad thing necessarily. exporters have said they want a weaker currency fo

listen, dollar general never expected to face what it did when it come to family dollar. you bring up dollar tree finding that it may have to divest more stores. it's uncertain by its nature at the ftc approach here. we'll have to wait and see. they are giving them cover 1.25 billion revenue willing to divest that 250 million breakup fee and synergy numbers are conservative. if it goes through, nobody argues it ain't going to be a good thing. >> no, a chart of dollar tree. you can see a period people said, it's a good deal. you realize it's a great deal. maybe this pause -- it's going to be a good deal okay enough -- and then this takes off. this company is worth -- this is two plus two equals five it really is. >> when that is the case you want the antitrust authorities to look closely, ala airlines. >> you mentioned disney. we'll talk about disney and chipotle after the break. shares of gm and chipotle in opposite directions. busy day for earnings. also talk with lending club founder and ceo renaud laplanche, alliance with alibaba. premarket, recovered 70% of losses for

of the dollar is super strong dollar.eflation, the greek situation, they are telegraphing to the market they will raise rates but they could pop the 25 basis points on the shortened and leave everything the same way that they are now and you could have a period of very long sustainable, long-term low interest rates. one last sentence, that is not going to be meaningful to the market up 25 basis-point move. it will be only psychological and ceremonial. i'm still calling for very low interest rates this year which augers very nicely for the stock market. you're starting to see that change in market sentiment. liz: just as richard fisher said it will happen this year, he believes it will, warren buffett told us last wednesday live on fox business, i don't see how they can raise rates this year. >> right. liz: and then other people, business people weighed in. but i would, you got to go with the guy on inside of the fed, right? >> i said they may not raise rates until after the 2016 election. that is how aggressive we've been

not getting above three dollars.at that level, we could see a substantial shift in consumer spending toward more to scratch an area purchases, more going out to eat, more clothes, stuff like that. even the ceo's of some of the chains that would benefit from this like family dollar, said they expected but have not seen it yet. >> what is the total number we're looking at? goldman says a 125 billion dollar tax cut. look at the travel level. what do you think? >> 225 billion could equally to 700 and 52 $1000 -- 750 to 1000 dollars each family. $100 a month basically. >> what about savings? do you think we will not be stupid and save it instead? >> we talked to consumers across the country and some said i will spend it now and some say i will not spend it at all. >> matt townsend, thank you but -- thank you very much. nearly 30 minutes into trading, scarlet fu is looking at some of the big movers. what do you think? >> i want to start with that sellers. apple will be pricing later today and will sell $5 billion, a five-y

dollar except that later it's not a one-for-one dollar. that is what creates, among other things, a huge credibility gap. for the american people, loss in faith of their government. and it's a tragedy when the american people do not trust or have faith in the federal government. they don't have trust or faith in the u.s. congress, in the add min strax, administration and in our institutions. i would just throw this as a word of caution. it's okay to differ on policies. but what is not fine is to try to of la skate, confuse by trying to hide the truth with saying it's one-for-one except that later it isn't. kpept kpept except for later it isn't never comes out. you can keep your doctor if you like: kpeptexcept that's not really what they meant. i would caution all of you to be a little bit more careful when you speak to the american people. when you're speaking to us, you're speaking to the american people. when you say 200$200 million in interest payments to $800 billion in interest payments is a reduction in interest payments, frankly, it

i think the dollar side should continue. >> which currencies are best placed against the dollar thisear? when you look at the dollar against its major counterparts only the swiss franc, the israeli shekel, the rupee, and the japanese yen are up against the dollar. which was the one to outperform the dollar most? >> i think it is still a dollar story, but the most constructive looks sterling. you have got positive economic momentum coming through real wage growth has turned positive for the first time in a long time. the broader eurozone is stabilizing. it looks like growth should pick up this year. that is the tail would -- tailwind for the u.k. >> the election quickly? what the election is a risk. >> are you buying those options for sterling to go down? >> i think it is fairly priced. >> great to have you with us this morning. the senior strategist at bank of australia. >> we are going to bring you the eurozone pmi data, all you need to know about what happens later in the show. >> up next, the french yogurt maker danone after this short break. stay with countdown this friday mornin

you're a seller of the canadian dollar and australian dollar which have come back this week. fxc, fxa. i'm short them after covering them last week. >> if you believe the dollar is going to push higher, material, as well as industrial stocks they won't last and buyer of financials which moved higher on the focus that rates will rise? >> if you think the yield curve -- start getting a yield curve, then, yeah. see, i'm still in the -- this week was a bit of an anomaly. the last 18 months in terms of the tlt. the commodity space scares me. gold had a horrible day. gdx horrible day. i think that's if play long term. >> a week ago we were talking about factory orders and the economy. maybe the weakness in europe spreading out to weakness in the united states. and now all of a sudden we get the jobs number. what everyone knew about. cap-x spending that everyone knew about. rig counts coming down that everyone knew about. >> people didn't know about the wage pressure. this is the one thing that's been missing. to say that was out there, that's what scared the markets today. >> no, i

instead the fine went up to 79 dollars.ek couldn't register his car until he paid it. >> kept admitting it was their error we did pay the ticket that we shouldn't have to pay the fee but they are real sorry the fee but they are real sorry. >>reporter: he came to us and he wasn't the only one. dozens of other drivers told me they received a bill for violation before they had a chance to pay the toll. >> we have seen a spike since we went to all electronic tolling. >>reporter: bay area toll authority acknowledges violation shot up after the en gate bridge eliminated toll tears in 2013. 7 on your side investigation revealed a staggering increase. in 2014 nearly a quarter million delivers to pay penalty for toll he vision on the bridge. that's 5 times more violations than in 2012 when drivers could still pay a toll tear. >> we know it's in incredibly frustrating for our customers. >>reporter: bridge officials admit the system has flaws. >> we are not happy with how it has been run. >>reporter: so who is operating fast track? l

dollar. so we started to see some corporates out warning that the strong dollar is limiting their ability to be profitable, if they're exporters right? so this is acting almost as a quasi-tightening by having a stronger u.s. dollar relative to the global economy. >> let me ask you both something about inflation. my colleague of bloomberg view has a fascinating column called "full employment, jobs versus inflation" and he writes, and i quote, there's a lot resting on a debate about how much further, if at all unemployment can fall without causing inflation to take off. end quote. let me begin with you. is there a danger that unemployment will fall too much? >> the unemployment rate has fallen at a faster rate than, i think, the fed was expecting. we were expecting. part that have is because the labor force has failed to take off. you have a significant increase in the participation rate. so it gets to a point where we're at the normal level of the unemployment rate or below what we would consi

jackpot was worth 564 million-dollar. there were smaller prize is here in pennsylvania, we will keep you posted as we learn more about those winners. small prize as nicole mentioned still a million. >> was still going to come if i win with a big smile on my face. >> yeah. >> and you are buying coffee every day. >> 5:15. college community rocked by murder of three students, how a fight over a parking space may have triggered the deadly shooting. >>> puzzling assignment at a pennsylvania school, the the unusual project inspired by 50 shades of gray. we will be right back. ring ring!... progresso! it's ok that your soup tastes like my homemade. it's our slow simmered vegetables and tender white meat chicken. apology accepted. i'm watching you soup people. make it progresso or make it yourself you say avocado old el paso says... zesty chicken and avocado tacos in our stand 'n stuff tortillas . (record scratch) you say stand n' stuff tortillas old el paso says... start somewhere fresh >>> exclusion turf cbs-3, if you live on t

dollar. the dollar surging on the back of the january jobs report. evening here in asia. aussie dollar, $.77. that is a 5.5-year low. now more bearish options against the aussie than you do against the euro. that is something to watch. let me leave it there for now and i will be back later. back to you. >> prominent names alleged drug wars, and arms dealers are among people named in secret hsbc files on tax. the documents show the banks swiss unit may have helped wealthy clients pay less than there do. -- their due. >> a report by the international consortium of investigative journalists says that hsbc helped wealthy customers conceal assets, advised them on how to get around tax authorities, and those clients including hollywood stars, royalty and an array of criminals. their report says hsbc engaged in activities such as allowing clients to withdraw bricks of cash aggressively-marketed schemes likely to help wealthy clients avoid european taxes also colluding with some clients to conceal ac

at this point the dollar surged, one of its biggest six-month moves on record, is the dollar headed higherrm? euro lower? sure. i think the path higher for the dollar passes through a lower price. it's overdone. yeah. >> doesn't the dollar just stay here and crude can stay here and not a great scenario for gold miners either. >> anything could happen. when i first started in the business from writing research reports the one thing the director wouldn't let us put in. could. he said, anything could happen. so, sure. >> this is a trade until june? >> listen, what's nice about the trade, you said, a quarter of the distance to the width and you defined a range from etf had broken down six, seven months ago. seemed that would be the level it goes to. basically in my mind risking one to make one. look on the down side, it's somewhere in the high teens. >> if i read between the lines in your assessment of mike and carter's trade, dan you think they're nuts? >> well, no. i think -- i never know why gold goes up or down and would much rather be in the gdx. if it goes back to 110 probably breaks the

instead the fine went up to 79 dollars. derek couldn't register his car until he paid it. >> kept admitting it was their error we did pay the ticket that we shouldn't have to pay the fee but they are real sorry the fee but they are real sorry. >>reporter: he came to us and he wasn't the only one. dozens of other drivers told me they received a bill for violation before they had a chance to pay the toll. >> we have seen a spike since we went to all electronic tolling. >>reporter: bay area toll authority acknowledges violation shot up after the golden gate bridge eliminated toll tears in 2013. 7 on your side investigation revealed a staggering increase. in 2014 nearly a quarter million delivers to pay penalty for toll he vision on the bridge. that's 5 times more violations than in 2012 when drivers could still pay a toll tear. >> we know it's in incredibly frustrating for our customers. >>reporter: bridge officials admit the system has flaws. >> we are not happy with how it has been run. >>reporter: so who is operating fast t

sony looking at dollar/yen at 118 and toyota looking at the dollar-yen at 109.mprovement as well? >> analysts are saying the weak japanese yen is helping sony. that is a definite plus. now they are saying their operating profit for the next fiscal year, they are expecting it to be 40 times better now. that is a big improvement from what has been going on at sony in the past. the company is restructuring its business. it is focusing on their pop layer playstation consoles, high end 4-k television sets and image sensors. they are structuring their smartphone business. that is where they are trying to change the dynamics there. 2,100 jobs to be cut in that division. back to you. >> sherry ahn, thank you for that round up. >> so the greek odyssey will continue today as the new anti-austerity government faces its harshest critics. yauferyaufer will mean the ministers in doctor the -- yauferyaufer will meet ministers. gikas hardouvelis said greak would retreat. he has been quoted saying there is no recovery going on in greece. >> well, that part is indisputable. the n

dollar-yen, 118.69.g a little bit there against its japanese counterpart. 7776, a little bump for the auss ie dollar. the euro, 114. very tight trading range. but estimates have been changing back and forth. those are the stories driving your forex markets this morning. >> coming up, porsche brings a different kind of horsepower to mongolia. after the break, a special report. ♪ >> it is 8:30 and hong kong. check out that haze. we are an hour from the open of trading ahead of the lunar new year holiday. perhaps some factories working overtime in china. you are watching "first up." >> remote robbery. a cyber gang that stole $1 billion from the bank. time to compromise with creditors? greece heads for crunch talks in brussels. japan stumbles out of recession with growth coming in below estimates. good morning. i am angie lau, coming to you from asia. markets trading in the asia-pacific, a little bit of a mixed picture. growth extending less than expected. we are still seeing strengths there today. .75% high

so the dollar is getting stronger.f they raise rates in this environment, the dollar will get even stronger which is going to hurt our exporters even harder and that's why jack welch, and i'm quoting him, he said i think the fed would be crazy to raise rates at this point with the dollar where it is of the warren buffett says much of the same. anthony scaramucci and others. what do you say? >> look, we're never lacking for brilliance from these incredible industrialists, but this is perfect example of how central banks set a trap they can't extricate themselves from. more stay with interest rates and more qe they inject, harder it is to wean the patient from the drug and narcotic. a disciplined central banker would say, okay, extraordinary conditions that dictated this approach have now subsided. it is time to go back to a more normal set of policies before it is too late. david: all right. here, again -- >> we need a paul volcker today, david. david: yeah, paul volcker. there is only one of him. unfortunately -- >> un

-- four dollars. four dollars is not much money and if you can get it to chicago, which has been growing exponentially since the civil war, you can sell it for $40. it does not take a rocket science -- rocket scientist to figure out that you can get those cattle to the railhead and you can then get them to an and norma city and whatever cattleman can do that are going to make bank. and this guy here, charles good night -- charles goodnight in 1865, he was a confederate and he got measles and so he could not even here anything, he could not hear a rattlesnake. people who worked with him hated to disturb him and come on him suddenly because they were always terrified that he was going to shoot them. charles goodnight decided that he was going to get his cattle to a railhead or two and army post so he could sell them to the u.s. government for distribution to the indians by a treaty. i 1865 he rounds up a crew to take the cattle either to a railhead or an army post. if you are in texas in 1865, who are y

i'm having trouble breathing when he says offer a billion dollars. >> he gives you a billion dollarsrun. right? liz: then you have to figure out -- >> you make money. if you being can make 10% of that billion, which is 100 million, you get to keep half. liz: any way you can. >> he denies that one aspect that he's doing a 50% pay out. i can tell you people are saying he is. >> on your report, people are picking up the phone. i'll do it, stevie. >> i don't know about that. the problem is that the feds are still after him. he never got indicted. right? his form got indicted. his firm closed down. he reopened .72 asset management. it can only manage his enormous wealth. steve cohen has designs to come out of this and manage money again that's why he's keeping his team together and offering them money so when he comes out of this, he may bank be able to make money again. he's having a hard time building a seasoned team. here's how you know they're having trouble. they started recruiting directly from colleges. that's pretty interesting. >> brigham young, go for it. not harvard. >> why bri

pacquiao fight should good for 89 or 99 dollars. on pay per view. cash. 7 sports brought to you by toyota. it will be the richest fight in boxing history. total gross should be up. should be rate around 400 million dollars in gross revenue. >> hope it goes for more than 3 roychbilitydz it will good the distance i think. >> thanks very much. >> thanks for joining us tonight. about for all of us here. we appreciate your time. 7 news continues now on license on twitter facebook and mobile device with 7 news app. see you at 11:00 on channel 7 (door opens) hey, sweetie. look who drove down to cheer you up even though i said it would be overwhelming to wait hand and foot on two boys the whole weekend. long intro. love sucks. yup. love is a battlefield. did you just quote pat benatar? often do in tough situations. trav, is there any way i can help? i asked my girlfriend to marry me. she said no and moved away forever. so no, i guess. i'll be downstairs. j