emac has the latest. emac, the news reports keep coming out. >> that's right, a flurry of activity.s right, david. jpmorgan chase announcing a $6 billion stock buyback. that is what we predicted earlier in the day. also they're ncreasing their dividends to 33 cents a share wells fargo announcinging it will do a buyback. it has ungiven a dollar amount. it is jacking up its dividend to around 30 cents a share. bank of america, $5 billion of stock buy-backs. no dividend hike announced yet. we're hearing about buyback activity at other banks. suntrust, fifth third, u.s. bancorp, david. they will do a $2.5 billion stock buyback. they will hike the dividend at u.s. bancorp by eight teen% to -- 18% to 23 cents a share. citigroup not announcing anything yet. morgan stanley saying they will move as charlie gasparino has said to acquire the rest of smith barney. jpmorgan chase's ceo jamie dimon is saying essentially that our capital ratios are solid. that the federal reserve had questions with its capital planning processes, not its capital plans. so citigroup now announcing a $1.2 billion co

. >> emac, you have a wonderful track record of predicting costs going up and down. >> i am flattered that you say that. i don't like to be self referencial. but my mental health premium is going up listening to what the president and to cover dram mine that i need listening to him. it is it up 13 percent under obama care. aetna, said 20-50 percent . they are hiking healthcare premiums. why? they have figured it out. we will pay the penalty . we'll not pay for healthcare right now. we'll sit it out and wait it out. you get sicker people in the pool and that's why the health exchange . we talking aut subsidies are paid for by the federal taxpayers. we'll have pay for that just like california's did. >> john, it comes down to simple path. if you force companies to do more which they have to, it would cost more? >> if you offer more it will cost more. this is a federal government disaster. the simple truth sthere is no health insurance without healthy people . steve and elizabeth pointed out. they have no incentive to get health insurance until they need it you have the least healthy int

it feels like a champ and march emac an internet company? >> it is it basically internet cyber security and we have had earnings in six of the last quarterings. i like the stock. >> it st. innovative company. but the stock is expensive. >> you are going to cooper tire? >> they are making original equipment tire with the ford focus and i like the game plan in china. >> i like it and big presence in china and eastern europe. >> all thumbs up and that's it for forbes on fox. ve a great weekend. the number one business block continues with eric boling and cashin in. >> remember the taxpayer funded video on how to survive the zombie or apocalypse. realm guys? our money . getting a sweet dial for uncle sugar and guess who is getting big blockoster. and that is on your money. starts right and that is it lloyd wiber and marjorie cliffton. can't find 85 billion in spending cuts. how about cutting this. unused government coffers and doled out by the fish department and teach us about democracy and creating videos featuring drill sergeants showing off

it is it time for republicans to back up the rhetoric and block it emac is it a spending tour? >> iment the debt taclock that democrats say embarrassing them. theyment it removed. i stay put in the front grill . bus on the sphinding tour. what is going on, is that essentially, by the way if any ceo told the company and said two percent in cuts was budget and we'll have to lay you off. thraceo will be showed the door and we have had 17 percent inrowth and increases . talking about a two percent cut and it is it tiny. we are in the year . we have 1.4 percent anemic growth and three million less americans working. all of the spending ain't working. >> sabrina, it is it not a cut at all. so far, we have had two spending bills nocused on cutting the deficit and neither one of them. one proposed by the president and lacks tax increases and the other by democrats. neither one has spending increase and there is it a net increase in spending. >> right, the hysteria is much ado about it is it rich to watch the democrats pointing to the debt clock as if it is a distraction to the issue at

lori: we know you're on it, emac. >> sure.charlie gasparino is next with whatever happened to meredith whitney's talk of starting a ratings agency. lori: talk about the treasurys. yield are spiking up 2% on better than expected news on retail sales. folks are thinking the economy is improving. they're flocking out of safe haven investments. the yield is still lower than the 11-month peak hit on friday after that better than expected february jobs report. back after this. ♪ [ cows moo ] [ sizzling ] more rain... [ thunder rumbles ] ♪ [ ma announcer ] when the world moves... futes move first. learn futures from experienced pros with dedicated chats and daily live webinars. and trade with papermoney to test-drive thearket. ♪ all on thinkorswim. from td ameritrade. you are gonna need a wingman. and my cash back keeps the party going. but my airline miles take it worldwide. [ male announcer ] it shouldn't be this hard. with creditcards.com, it's easy to search hundreds of cards and apply online. creditcards.com. >> i am dennis knea

global currency grid holding nothing but a bunch of ramen noodles and they won't gold that's a fine emacsas we talk about this quantitative easing about the posse. ability of the euro falling apart what if it's all because of just a typo and i want to get this quick final headline here from the united states about what a typo does to a human and what it could possibly have done to our global economies another person dies from the stress of dealing with wells fargo on the morning of december nineteenth two thousand and twelve in a torrance courtroom larry dallas who says the heart stopped as he watched his attorney argue his negligence and discrimination case against banking behemoths wells fargo the bank's typo led wells fargo to demand that dallas is paid thirteen thousand three hundred sixty one dollars and ninety cents two years of late property taxes the bank said it had paid on his behalf in order to keep his wells fargo mortgage afloat well in fact max he didn't owe those taxes that didn't stop them from collecting it and doubling his mortgage payments he was on a fixed income becau

. >> emac, that is the point what mark is saying, you help the private sector by taking more from the private sector. that is the only way the government gets money. >> taxes are going up to pay the interest costs in all . debt. >> buyer's remorse over all . treasury. you have to say these are the smartest guys in the room. if they are not liking the balance sheets and what they are doing. and that is a -- your deal is not with numbers. >> the ryan numbers don't add up. >> you think the numbers add up >> we have seen them. we saw how it is it spent. i am not talking about pie in the sky. he increased the size of the government 20 percent. is it working? >> you would agree we would see the deficit come down. >> you think it is it a good size. >> it is not a good size but it is getting better. we are focusing on the ryan budget. i have to hammer say what you will about paul ryan. he's supposed to be a leader in this area and the budget so disingenious. >> wait a minute. wait a minute. paul ryan has been a leader since the 80ings . the president said my goal is not to balance for balance

. >> cypress, emac you said it doesn't mean anything to america. so should i put my money back in the bank? >> no, don't put it in cypress. we wouldn't put up with it here. >> i am going to put my $64 back in the bank. >> there you go. >> wasn't cypress in good shape? didn't they get screwed over because they owned a lot of greek debt and when the greek debt was written off they got screwed? >> they are the backyard of greece, yes. >> just checking. new york city approves war-oriented textbooks for students. you all agree these books are inappropriate for third graders while the librarian in basra recommended in grades two through four, secret school and recommended by the school library association. >> who are they? who is the school library association? >> they are an association of school libraries, greg. >> thank you. >> you're welcome. >> sounds like a bunch of dorks. >> let's go over there and beat them up. >> hey, do you want to join the library association? you bet i do. >> they sound like dorks. >> we meet on friday nights. of course you d

adam: emac, thank you very much.t's keep talking about this story because the cyprus shocker comes as u.s. markets have been on a record run. how will the new european fears impact the rally? let's bring in jeff klinetop, lpl chief financial strategist. jeff, i'm glad you're here. who thought a country with the gdp size of vermont could affect my 401(k) when i woke up this morning. >> right. it's sign all it takes when you have a little catalyst with some factors weighing on the market. we've got high gasoline prices, slowing earnings growth. fiscal cliff issues. adding fleece new europe concerns not that there were already a lot of european concerns with what is going on in italy and france back in the recession and greece. this just adds to all of that. all it takes as they say one straw to break the camel's back. tracy: we got caught up here in the states with all the nonsense going on in congress and think we forgot about europe for a while. it never really went away. we just foregot about it. a reminder it is st

emac.nk you very much. >>> well as the federal reserve is set to continuing the money proipting program to -- printing to buy bonds some question whether they are helping the economy. are there better solutions to be put in place? former fed governor wayne angell tell us us what fed policies he would put in place to get our economy really growing as it should in a fox business exclusive. lauren: can't wait to hear that. despite fauks of a potential bank run, one economist says europe says europe presents great options and some of his picks might really surprise you. ♪ girl vo: i'm pretty conservative. very logical thinker. (laughs) i'm telling you right now, the girl back at home would absolutely not have taken a zip line in the jungle. (screams) i'm reallylad that girl stayed at home. vo: expedia helps 30 million travelers a month find what they're looking for. one traveler at a time. expedia. find yours. today is gonna be an important day for us. you ready? we wanna be our brother's keepe

liz macdonald is looking at that with emac's bottom line. >> $300 billion, wow that is estimated in dividendts for the s&p 500 in 2013 that is bigger than the 282 billion last year. so you know all this drama about the tax hikes and tax hikes on dividend, it is not affecting dividend payouts for this year. look at big stock buy-backs coming. 1817.8 billion for this month alone. that is the highest pace since 1985, guys. there has been a trillion dollars worth of stock buybacks since 2009. here are the dividend stocks, the companies actually increased dividends. you see here pepsico. ups, sherwin-williams, comcast, a whole bunch of companies. i'm counting 17 so far, have actually increased dividends so far in 2013. we're running all of this information by the guys on wall street. they're saying, yes, these are some of the stocks you may want to take a look at. the thing with dividend payouts, you have to say to yourself why is this happening now? the companies like, when we talk to guys a at goldman sachs and jpmorgan chase and. had sbc when they talk to the companies they like the stability

with more here is liz macdonald with emac's bottom line. >> that's right.ut of reuters, cautious optimism there may be a deal struck over the weekend to settle the cries sus -- crisis in cyprus. this is a really fluid situation. the latest developments at this hour, cypruu, the top deputy of the ruling party in cyprus is saying that they are sticking to a framework. they come up with a framework that they think the european union will sanction and say, yes, let's green light this. then that in turn they can unlock the bailout funds from. e.u. it would avert a meltdown but the exit of cyprus out of the european union. they have given no details at this hour but what we're hearing out of wall street and people close to the situation and reuters also reporting it, that the bank tax may still stay in place and here's why. because, this is, likely see the muted reaction on wall street to the situation in crisis, situation in cyprus. germany likes the bank tax because it insulates european june zone taxpayers from any bailout money coming out of their pockets. me

tracy: god bless everybody else, emac, thank you very much. >> sure.zabeth, appreciate it. more now on consumer spending. more feeling better about the economy as well. could it signal a pickup in economic growth this quarter? let's bring in a former economist at the house ways and means committee. now at the american enterprise institute. alex, we were talking with liz macdonald. seems all engines are go albeit, you know, modestly so but it does seem like we're gaining some momentum. with this latest consumer sentiment number, the highest since november, it does seem very positive. >> well, certainly, thanks for having me on. it certainly is the case that the numbers that came out this morning are positive as was just reported. increases in income, spending and consumers are feeling a little bit better. we should keep in mind that same report last month, personal income report, in january was terrible. and that's a result of the tax law changes and the expiration of the payroll tax holiday. saw a huge drop in personal income, the biggest in 20 years.

here with more liz macdonald and emac's bottom line. what are they doing now, lizzie?a developing story. this is part of a big push, part of vice president joe biden's middle class task force. what he is doing is, saying basically to thent do of labor and irs you have to get these workers rights in way of medicare, their social security. they have to be within the letter of the law on minimum wage. what is happening he basically the vice president's office and department of labor and irs saying there are 3.4 million workers out there who should be classified as on the job employees, not independent contractors. so now we've got the government hooking up, look at this, with 13 states where these states are now swapping information with the federal government, workers in their states that may be wrongly classified as independent contractors, meaning they're not on the books. they basically have to pay their own payroll taxes and the like. that is why the government is saying companies like to do this. they like to avoid paying taxes on workers. they like to avoid having

melissa: emac, thanks so much.g up tonight on "money," we have jeff and jackie schaeffer, creators megahit show on fx, "the league". we'll discuss how original content and niche audiences become the only way for networks to stay profitability. brand new channel centered around their show as a cornerstone of it. big announcement from the up fronts. 5:00 p.m. on fox business. don't miss it. adam: coming up red states beating blue states, attracting new job create, to. steve moore sparked latest battle in the ongoing war. he will join tracy byrnes and ashley webster next on fox business. you have to hear what he has to say. switchgrass in argtina, change engineering in dubai, aluminum production in south africa, and the aerospace industry in the u.s.? at t. rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with condence. request a prospectus or summary prospectus with investment information,