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elizabeth mcdonald, emac, good day to tu. did he say anything positive? >> it is hard to find anything positive in his comments here. what he is saying, the size of the u.s. debt is going to restrain economic growth in future years, and going to give dc policy makers less flex eblt as the debt gets bigger and the size and increasing the risk that sometime in the future, investors in the debt could demapped higher interest rates. and here's what is going o. the cbo is expecting exactly below average economic growth in and around starting in 2017 according to the report and the jobless rate will stay above six percent. and what is missing in action in these discussions is the size of the cost of the u.s. debt. it is just $225 billion. and that is about the size of a country of kasisstan. and about the size of belgium. what needs to be in the mix is what taxpayers will owe in terms of interest costs. the federal government collects 2.8 trillion in tax collections from individuals and businesses and the like. that is the issue. >> when you talk about the labo
elizabeth mcdonald, emac, good day to tu. did he say anything positive? >> it is hard to find anything positive in his comments here. what he is saying, the size of the u.s. debt is going to restrain economic growth in future years, and going to give dc policy makers less flex eblt as the debt gets bigger and the size and increasing the risk that sometime in the future, investors in the debt could demapped higher interest rates. and here's what is going o. the cbo is expecting exactly...
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in the third spot, still hitting hard from yesterday is emac's story on gm pay back and after what theyis state of the union address when he called for higher pay and equal pay for men and women -- mary bear ray, i was talking to my wife about that. she goat certainly upset. >> 48% less. still hitting very hard. ashley: kate on r rogers in foxbusiness.com what is trending in the newsroom. thank you, kate. >> thank you. tracy: these markets are sort of trending. what are they doing? ashley: whole lot better than yesterday. tracy: we have to get a check on them. nicole petallides on the floor of the exchange. i know you're watching jcpenney shares sink. >> dow is slightly higher. safe havens of gold and utilities have been out of favor today. what is also out of favor is jcpenney. everybody started to move a little higher on the latest same-store sales numbers and holiday numbers. then everybody sold into the rally, the slight rally we saw for jcpenney. as a matter of fact, stearn agee put a $3 target. jpmorgan put a $5 target. it went down to $5 already. down 11.5%. hit a new low of $4.9
in the third spot, still hitting hard from yesterday is emac's story on gm pay back and after what theyis state of the union address when he called for higher pay and equal pay for men and women -- mary bear ray, i was talking to my wife about that. she goat certainly upset. >> 48% less. still hitting very hard. ashley: kate on r rogers in foxbusiness.com what is trending in the newsroom. thank you, kate. >> thank you. tracy: these markets are sort of trending. what are they doing?...
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Feb 10, 2014
02/14
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lori: thank you, emac. the california drought is getting worse.sa francis is here for the next hour of fox business. melissa: we'll see some killer grocery bills very soon. we're going to the cme for the latest and the numbers. guys, have you been watching the olympics? ashley: i'm a huge fan of the luge. lori: i don't think started luge, have? ashley: they have some of it. the single one. lori: i'm amazed by the slope style. >> it is very cool. tonya and nancy are not there not the same. >> i'm sure we can fine knees to bash. melissa: you have any idea how much the winnings get taxed? ridiculous. we have a jam-packed show so stay tuned. lori: we'll do. melissa: barclays traders going rogue, a shocking report making the target problems seem tame. buying information on at least 2000 customers. talking bank and medical information, income information, passport and numbers. the damage has been done. can you stop your life being sold? even when they say it's not it is always about money. melissa: a huge security breach at barclays has thousands of cli
lori: thank you, emac. the california drought is getting worse.sa francis is here for the next hour of fox business. melissa: we'll see some killer grocery bills very soon. we're going to the cme for the latest and the numbers. guys, have you been watching the olympics? ashley: i'm a huge fan of the luge. lori: i don't think started luge, have? ashley: they have some of it. the single one. lori: i'm amazed by the slope style. >> it is very cool. tonya and nancy are not there not the same....
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with more on this elizabeth macdonald with "emac's bottom line." good to be with you, ashley and lori. here is what carl icahn told our very own neil cavuto yesterday on his quote, war with ebay. take a listen. >> who are you setting your sights on now? >> first of all you know on ebay. >> you want them to separate paypal, right? >> absolutely. >> they say no. >> they already said no. >> where is the battle going? >> you tell me. a battle is a battle. we're not afraid to fight a war. >> that war is not done? >> that war is just starting. >> so the question is, it is all about breaking breaking paypal away from ebay. paypal is growing 20% a year. any given period it represents about 40% of ebay's overall revenues. anytime that we've seen, put to a shareholder vote the breakup of a company, meaning that shareholders have to vote on breakup of a company since 2005, half of those demands don't even make it to a shareholder vote. so carl icahn, really has his work cut out for him if he think that is ebay is going to carve out and separate paypal away fr
with more on this elizabeth macdonald with "emac's bottom line." good to be with you, ashley and lori. here is what carl icahn told our very own neil cavuto yesterday on his quote, war with ebay. take a listen. >> who are you setting your sights on now? >> first of all you know on ebay. >> you want them to separate paypal, right? >> absolutely. >> they say no. >> they already said no. >> where is the battle going? >> you tell me. a...