lauren simonetti joins us from fox business network in new york.has been off to a good start. is it more that europe is settling down or we are seeing good earnings here in the u.s.? >> it is good earnings here. many say if you pay attention to the latest stream of corporate profits, the latest being from caterpillar, the ceo saying there is political and economic uncertainty in the world but it is not affecting us. 73% of companies have beaten expectations. the dow is up nearly 105 points yesterday. and get this, up 1,000 points in the month of october. that is the biggest monthly gain since back in 1999, the dow and the knack are positive for 2011. the s&p 500 is very close. >> i like that. finally some good news and something nice to talk about. let's talk about housing right now and the harp program. kind of break this down as to what this means, who this affects and we heard from the president yesterday about this. >> right. the harp program, the home affordable refinance program is more than two years old but it really hasn't worked. it was e

and old on fox business network tonight. you want proof that the french are still fried? look who they are kissing up to today. the donald is about to lose it. at adt, we get financing from ge capital. but they also go beyond banki. we installed a ge fleet monitoring system. it tracks every vehicle in their fleet. it cuts fuel use. koch: it enhances customer service. it's pretty amazing when people who loan you money also show you how to save it. not just money, knowledge. it's so much information, it's like i'm right there in every van in the entire fleet. good day overall. yeah, i'good. come on in. let's go. wow, this is fantastic. ge capital. they're not just bankers. we're builders. they helped build our business. >>neil: 160 points yesterday, 339.5 points today. october is already on the way to be one of best octobers we have seen, best monthly performs we have seen since january of 1987. a lot of this displayed by the supposed european rescue but, still, they have to do the rescue but they have the blue prints

>>shepard: thank you, gerri from the fox business network fastest growing network in television.you don't get it demand it. the star witness for the defense in the trial of michael jackson's doctor, and what he whatted to say about the drugs found in michael jackson's room and why the expert says that dr. conrad murray may have lied to the people trying to save the singer's life. that and bottom of the hour headline presently on "studio b" today. what's better than gold ? free gold ! we call that hertz gold plus rewards. you earn free days, free weeks and more fast. that's a plus. upgrade your ride. that's a plus. rewards with no blackout dates so you can redeem anytime. and it's easy to redeem your points online. already a gold member ? just select gold plus rewards in your profile and start rewarding yourself now. just go to hertzgoldplusrewards.com to join. hertz gold plus rewards. journey on. >>shepard: this is "studio b" at the bottom the hour and time for the top of the news. dramatic testimony today in the manslaughter trial of michael jackson's former physician. the star

move on to another story speaking of the media so we all know that fox news also now has the fox business network were supposed to be the business news element i guess are supposed to try to compete with the c. apparently they're really miserably failing when it comes to the ratings and so fox business news actually ends up being politics a lot of the time when the exact same thing is regular fox news so they actually had to send out a memo turn from time to everybody. says i get asked to remind you all again that they are separate channels the more you make fox business network look like fox news channel the more disservice we do to ourselves i understand the temptation to imitate our sibling network in hopes of imitating its success but we cannot if we give the audience a choice between f. and c. and the almost seven c. they will choose f.n.c. every time earnings taxes jobs etc give us plenty to chew on. i can just cracks me up with a little infighting like within fox like i know that you want to work for for the real fox so you know where you get the real bucks and you get to do the real crazy

chris cotter with fox business network is live in new york.ly use some good news because i kind of look at 199401(k) numbers through my hands like you do watching a scary movie like i'm aafraid to really look at it. >> but it changes every day, care a so if you are going to look at it, look at it quick, go online and look at it now and put it away for a while because it could change here real rapidly. yesterday, we had a great day, up 330 points, best day we've had in two months. what we've seep in those two months as of a great day, we have a little bit of a pullback. people take the money off the table. maybe they are a little more risk averse than they were 330 points ago. look like we'll pull back a little bit. it is all headline stuff. you got a good headline out of europe that it looked like the governments in germany and france will work with the banks to avoid another recession which would affect us. that headline sent us to buy stock and we could get another negative head line and that could accepted us to the selling booth. >> here i

i've been asked to remind you all again that they are separate channels the more you make fox business network look like fox news channel the more disservice we do to ourselves i understand the temptation to imitate our sibling network in hopes of imitating its success but we cannot if we give the audience a choice between f. and c. and the almost evan c. they will choose f.n.c. every time earnings taxes jobs etc plenty to chew on. that kind of just cracks me up it's a little infighting like within fox like i know that you want to work for the for the real fox so you know where you get the real bucks and you get to do the real crazy stories they can you just try to do business it's also if you ever see those ads for coke zero where they're mad at coca-cola coca-cola is mad at them for stealing their taste it's the same thing it's the point the whole point of fox business is that supposed to attract people who like the fox brand so who i don't know exactly what it says there it's kind of nice to know that seemingly perfect fox family does have a little infighting in it but yeah it's kind of str

>> we are talking to charlie from the fox business network. charlie, when we think of this movement one of the questions is how much is it like the tea party. the tea party was accused of being very quiet type audience. how diverse is the group that you see in occupy wall street. >> that is the point i was making before. unemployment has affected minority community in a devastating way . this is a very monoletically white crowd. aqua man, >> aqua star. >> for everyone there are 40 white kid that is are college educated and that is the problem. you don't see blackk construction workers down there or asian construction workers and average people from any race. you see white kids that graduate from college and that is part of the problem with the message. you don't get the impression it is real outrage. it is fake outrage>> mike: how much should be focusod washington? >> it should be focused on wall street and washington. wall street is crony captalism that is bailed out by washington. it is a valid point. i think what they have to realize and th

. >> fox business network find says out what makes the wall street occupiers tick. plus she stole carie grant's heart but will her beloved basketball team break hers. governor mike huckabee. [applause] >> m > 10 family members and 10 neighbors and 10 folks you work with in the past and call and ask them are you going to vote on issue two and if they are going to vote for it if you say no, you make sure they don't go vote. let the air out of the tires on election day. tell them the election has been move to a different day. >> people in the room laughed because they were smart enough to know that it w

our own charles payne from fox business network. matt siegel from our time, the website. sally kohn, and representing organized labor from communications workers 1180 and if we pick up the camera, a cast of thousands, a group with very strong feelings, but they've said we can do the program. they're being extremely polite and we appreciate that. let me start with you. i started the question with we know what they're against. what are they for? >> i've said it before. people should go to foxnews.com. this isn't the group that has to decide what they're for. it's enough for them to be against something. they're against the same thing that frankly 99% of americans are against. a third of republicans. they're against inequality and the fact that it's risen dramatically over the left several decades. the question really isn't why are these folks here, the question is why aren't more folks with them. >> let me balance is with a conservative voice. it is true. i have seen surveys and later on in the program we'll indicate them that 68% of independents and 60% of republicans do h

fox business network neal cavuto explains why. >>> healthcare costs hitting cross-cutting wal-mart. the nation's biggest employer is hiking healthcare prom um -- premiums so some workers and it has nothing to do with the president's healthcare law and wars smokers will be among the hardest hit. >>> and mean, the home of the big mac is chopping on big profits. shares of mcy-ds saying the dollar menu is proving to be a huge hit. >>> and no weakness for the dow. back in positive territory for the year. the investors here are watching a big meeting there and you're being -- european union leaders planning a powwow. the outcome could move our markets big time come monday. >>> and drum roll, please. the best states to get a job are in the southwest. a new report saying utah and arizona should see yearly job growth above 2% through 2017. that is business on. ♪ [ cellphone rings ] cut! [ monica ] i have a small part in a big movie. i thought we'd be on location for 3 days, it's been 3 weeks. so, i used my citi simplicity card to pick up a few things. and i don't have to worry about a late f

. >>> coming up next, we'll go live to fox business network in new york to talk more about presidentma's executive order that will cut student loan payments for millions of college graduates. >>> as we go to break, what do you want for christmas? one survey by the consumer electronics association says clothing and tablet pcs are the most desired gifts this year. last year, it was peace and happiness. go figure. i guess we're done with that. >> that's so last year.  >>> a down day on the market but things are really looking up for college graduates wondering how they will pay off their student loans. lawyeren simonetti with fox business network is live in new york with this morning's business beat. >> good morning. >> it was a real rough ride on the market yesterday. futures are looking positive. what's fueling that? >> dow futures are higher. today, all of a sudden, there is optimism that at the summit over in brussels today that european leaders will hammer out a deal to save greece and the rest of the euro zone struggling right now t seems like we change our minds every day

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fox business network's david asman weighs in next. jenna: here's question when it comes to today's economy. what happens to the american dream if there's no american middle class? there is new signs today the middle class is fading. a usa today analysis showing the middle class is getting less of the pie, sharing less of the total national income. some are calling this the middle class squeeze. the question we have today, how is this changing merge? what does this mean for our economy? fox business network's david asman is here to work through this how would you tackle that question, david, what this means for the economy? >> it is scary. the genius of our country is the middle class. the fact that most of the growth comes from the middle class. most of the new ideas come from the middle class. think of steve jobs and people like that created these businesses. he was out of the middle class. without a middle class we're in trouble. the mitt dill class is not going away but rich are get of getting richer and middle class is getting squ

. >> bill: i knew you were going to do that there is not one economist working for the fox business network that says what you said. not one. >> that may well be the case. you are taking one slice of america, the fox business network. i'm telling you mark zandi, princeton economist vendor. i'm talking about a number of people. douglas eakin who. >> bill: paul krugman. mouse say tongue if he were alive. >> chief economist says the chief economist. >> bill: these numbers are pretty shocking. wouldn't you say? >> yes. stunning. >> what is it $410 million an hour? >> an hour, yeah. >> so, everybody but colmes, everybody, maybe the wall street protesters. but everybody else who is not ideological is going to say got to put a lid on it or we're going to be greece. got to. we can't pay our bills. can't pay it back. no matter what spin or excuse you use, you have to go back to 2007 when it was 161 billion. that's back then they were worried about 161 billion being deficit spending. that's how crazy this is. so you put the whole budget reverting back to 2007 whatever they were getting then they get

louis, on the fox business news giving you the power to prosper. and if you don't get the fox business networkdemand it! we will demand it. the conrad murray trial has not been in session since last week. he is the doctor who still seems to be losing ground in the michael jackson trial. coming up, why new forensic test could make it harder for the defense to show that dr. conrad murray did not cause his death. and after playing more than 100-degree days many more finals they can count the texas rangers willing get a blast of winter weather in st. louis. the opening two games of the series start wednesday night on the big fox network. i was away e-trade's techno-magic -- thanks martha -- triggered my stop loss orders... saved me a pantload. [ crying ] oh great. every time i fly. my ears! swallow! [ male announcer ] upgrade to first class investing technology... at e-trade. who emailed it to emily, who sent it to cindy, who wondered why her soup wasn't quite the same. the recipe's not the recipe... ohhh. [ female announcer ] ...without swanson. the broth cooks trust most when making soup. mmmm!

stocks jumped overnight. >> robert gray with fox business network. thank you so much.k to you later. >> have a great day. >> we are talking about the chances of snow this weekend and speaking of the weather, we've got some more on an exciting event that is happening in the skies this morning. how it could bring a new level of detail to your forecast. cas >>> take a look at the washington monument front and center on this try morning. you can take a look at the lower rest of your screen where it says 42 degrees. it is a chilly start to the friday and it is setting the tone for the weekend. >> it will be colder tomorrow than today. our high tomorrow will be about 45 degrees. >> we are heading into cold territory. >> at least for a couple of days. and then our temperatures will continue to be cool but maybe not cold. mid-50s on sunday. not too bad. good morning. the news of the morning is that there is a winter storm watch that could affect parts of the area beginning tonight into the day tomorrow. here are the areas covered by that winter storm watch. it has been issued

. >>> we'll go live to fox business network some new york next.out about the much hyped new and improved five open 4 s. >>> a record number of visitors at buckingham palace this summer. more than 600,000 people came to see the wedding dress worn by the duchess of cambridge, kate middleton. now, the dress heads to storage. oh... ( sigh ) you... you haven't got a longer straw, have you ? it's not funny, i'm gettin'... gettin' straw stress. is that drink ready, huh ? yeah, sure. here... i'll just... oh, don't worry about it. i'll get it the next time i come around... yeah ? cheers, hon ! think about it. with everything you do... it's nice to have a vehicle that can keep up with you. it's the chevy season of doing. now qualified buyers can get 0% apr for 60 months plus $1,000 cash allowance on the 2011 traverse, which offers 8-passenger seating and received a 5-star overall vehicle score for safety. get to your chevy dealer today and get that list done. >>> time to talk a little business. not everybody is happy with what the latest version of the ipho

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the fox business network's reporter is with us. what does the industry grow to do?nd 200 million wireless customers a warning by e-mail or text or voice mail when they start to get close to hitting their quota for the calls, messaging, or texting, their data, and the international rooming charges. the ftc has been getting ready to crackdown on bill shock. >> a woman was shocked by an over $30,000 charge while visiting her sister in haiti after the 2009 earthquake and a man got $18,000 bill after downloads expired without warning. >>reporter: those are extreme cases but this are planive wireless customers who pay $10 or $20 or $100 or up to $1,000 a month for the extra charges and the fcc will put the rule making on this on hold for now and will monitor the industry as it rolls all this out. should be able to start getting text by four different methods by april of 2013. >>shepard: how many could be helped, here, do they have a number? >>reporter: yes, consumer reports and the fcc have done surveys on this and one in five wireless customers pay these kind of center c

dennis neal with fox business network live in new york with this morning's business beat.tock have been up. they are overnight in asia too. i'm not complaining here but why are they so optimistic? >> when you've discounted -- you think we'll go through a meltdown of 2008 proportions, suddenly stocks are with a town and can you build from there. the dow is up 1,000 points in two or three weeks which seems a little too high too fast. you want to take a breath. it is two steps forward, one step backward. more recently, it has been one step forward, two steps backward. we are looking good. asia was up. even sony was up 4% even though it is recalling 1.6 million bravia tv plat panels because they might catch on fire. but then, two things came out ruining it for us, sarah. first, china, more numbers showing the economy is slowing. if china slows from 10 or 12% growth to 5 or 8% growth, it is still a huge number. people had the jitters. now, stocks in the u.s. look set maybe to open down. few furs are down because what goes up must come down and resettle before it can go right ba

liz from fox business network spending three days in the valley, as in silicon valley, the hub of ourology and liz joins us now to tell us what she is finding about the latest trends and developments in new technology good morning. >> good morning i want a lobster omelet. >> please we do too we are stuck in studio. at least you are in a cool location tell us about what is going on what is happening in silicon valley. >> right now, we are at electronic arts they of course are one of the top video game makers on the planet you want to talk rivalries think about the teams, dc always faces off against -- it is a team that is facing off against big competitors and all day long what we do, is we spend three days in silicon valley this is the generator of business and job creation in the united states think about the companies that have been founded here that employ thousands of people everything from electronic arts to intel to google to yahoo! all these companies started as an idea a lot of them started in garages we come here for three days first day is electronic arts second day live in

. >>> coming up next, we'll go live to fox business network in new york. we'll get good news for retire years who depend on social security checks. >>> as we go to break, it is the ultimate in gift giving. neiman marcus is out with its christmas book. as always, its fantasy gifts are grabbing some headlines for a million dollars, can you buy your very own dancing fountain. would doesn't need that. >> can you play bellagio right there at home. >> it is made by the same people behind the famous fountain at the bellagio as you mentioned, steve. >> we'll be putting our shopping list together. >> anything can you dream up. >> thank you, sarah.  when you believe in the future, you're always looking ahead... to what's next, to what's possible. confident that taking action now, is the way to create a better tomorrow. that's why we're announcing, that with the planned merger with t-mobile, at&t will begin bringing five thousand jobs to america from overseas. we will invest eight billion dollars more... and deploy the next generation of wireless broadband

. >>> coming up next, we'll go live to fox business network in new york.tighter than ever, retailers will have to do a lot to pull in holiday shoppers. we'll tell you the ideas and deals ahead. >> anything that says free. >> free works. >> as we go to break, a virginia beach woman doesn't have to worry about christmas cash. she won $200,000 in a recent cash five virginia lottery drawing. the woman says she dreamed about talking with president obama so the next day, she played his birthday numbers, august 4, 1961. she felt so strongly, he she bought two tickets for the $100,000 drawing. winning numbers were 1, 4, 6, 8 and 19. hey, ellen, what are you doing? just brewing up some dunkin' donuts coffee -- want some? [ whoosh! ] i'd love some. one taste, and you'll understand. delicious dunkin' donuts coffee. pick some up where you buy groceries. america runs on dunkin'. halloween again? nice mummy costume. can't anyone do anything origina.ahhhh. edible arrangements bouquets. they're so fun it's scary. call, click or come into the location near you. >>> welcome

sit robert gay joins us from fox business network in new york with this morning's business beat.erall for investors. but this week, might be some tricks looming ahead. >> pretty historical, steve. we saw all three major averages up 3.5% for the week. we're talking about 115 years of history so definitely historical but this week, got a lot of things to watch on the calendar. earnings season mostly getting behind us. a few big names to report this week but keep an eye out. we have a big manufacturing report coming out later in the week. the big jobs report for the month of october looking for an add of 09,000 jobs to the economy. the unemployment rate expected to stay about 9.1%. the feds having a two-day meeting starting tomorrow. so that will keep people pretty much treading water until wednesday afternoon about 2:15 eastern. >> a lot of meetings and reports this week. or we off on this last day of october on a similar october pace or what we might expect for november. >> looks like it is on the scarier side. it is only about 90 and change. one headline out of europe can move th

the "fox business" network's peter barns is live in washington.n really is, what's the 411 on this? >> trace, this is a preemptive move by the wireless industry to avoid proposed rules from the fcc to limit bill shock. the agency and the industry announced today that by 2013, wireless provider also voluntary send alerts, likely by e-mail, text and voice message to all of the nation's more than 200 million wireless customers when they get close to reaching their quotas in their calling, texting and data plans and also for those nasty international roaming charges when customers are overseas. >> i met a woman who was shocked by an over $34,000 cell phone bill for international data and texting charges incurred while visiting her sister in haiti after the 2009 earthquake. we also met a man who got an $18,000 bill after his free data downloads expired without warning. >> the fcc will put its rule making on hold and monitor the industry as it rolls out this program. trace. >> trace: what are customers saying, peter? >> well, some welcome it. others are

the "fox business" network's jerry willis is with us. any sign that his death might take away some of the oil market's instability? >> i think it very well might. we've seen prices come down dramatic since the war started. prices were were high, they're at 86.38. went up marginally today, mostly for technical reasons. here is the deal, this is the 12th largest oil producer on the planet. high quality oil coming from libya. the traders love this stuff. can't get enough of it. and they believe this is going to come back on-line sooner rather than later because a lot of the damage done during the war was not to the infrastructure of the oil. so they're hopeful that this will turn around quickly and it's going to tell traders out there that may, hey, we have a stable supply, it's back on track. >> shep: big money for the libyan people who weren't exactly getting this oil money. >> exactly. over the last 30 years, libya moved some trillion dollars worth of money from their oil reserves. that was the total. you have the number at the top, abou

i will see you on the fox business network

. >>> coming up next, we'll go live to fox business network in new york.ore americans may be focusing on themself this christmas. >>> as we go to break, the 40- hour workweek is celebrating 71 years today. it was on this day in 1940 that this important piece of the fair labor standards act went into effect. at the time, an estimated three million americans were working more than 40 hours a week. lawyer required employers to either cut back to a 40-hour week or pay that overtime. >>> apparently more people are saying merry christmas to themselves this year. first, let's look ahead at what is here for the market today. lauren simonetti with fox business network is live in new york with this morning's business beat. good morning. >> good morning. >> what are we looking at for today in. >> we have eight dow components reporting this week so the market is focusing on those big names, exxon mobil and caterpillar and boeing, you name it. right now, we do have dow futures in the green up 26 points. >> that is some good. the national retail federation has some inte

from fox business network, charlie gasperino is just back from wall street and joining me now.harlie, welcome back, have a good time down there? before we get into the wall street protesters, i do want to spend most of our time. tell me about eminent domain and the gentleman you just saw, bob valerio from pennsylvania. that happens. >> it doesn't happen in manhattan a lot, but essentially the government can take your home and it's happening all over the country and i believe the supreme court had a split vote on it, right. >> mike: it did. we have some new hampshire people in the audience and will well remember, justice sueder had a home and people tried to declare eminent domain on his home. >> if you're like me and libertarian and support the wall street protesters voicing their opinion to a degree, eminent demain is one of the things that gets your blood boiling, utes inbelievable and usually affects average people. you notice, it never really does affect people that live in mansions. you don't see eminent domain in some rich part. you see it like the guy, welders business o

brenda butner from the fox business network explains. >> it's like giving -- like you know it's coming and finally there. i don't think you will understand? >> reporter: that happy new iphone owner shares the feelings with millions of others. no less than 4 million joy joy phone 4s units were sold during the debut weekend alone, merely selling out? and have you calculated the phone or any smartphone, really take on your wallet? we're talking thousands of dollars? fox business crunched the numbers and, for example, a basic 16 gigabyte iphone with a two-year at&t contract could cost you over $3,700. that doesn't include takes, app, or accessory. and it's not much less for the same phone with a two-year verizon contract. if you can't live without your smart phone, there are some ways to save. first, do your homework. get the plan that is best for you, like a family plan or talk and text? next, say no to downloading. you can actually save money by doing it on your computer instead of your phone. finally, measure and monitor your usage. know what you're consuming and what when you consume i

peter barnes with the fox business network. i'm sure you dealt with this. peter. on her? >> reporter: that's right, jenna. the fcc and the wireless industry announcing today a new voluntary program on the part of the industry to send out alerts whenever you're going to bump up against your voice texting and data limits as well as your international roaming charges when you're traveling overseas. the fcc has been considering new rules to try to crack down on bill shock. >> i met a woman who was shocked by over $34,000 cell phone bill for international data and texting charges incurred while visiting her sister in haiti after the 2009 earthquake. we also met a man who got an $18,000 bill after his free data downloads expired without warning. >> reporter: obviously those are extreme examples but the fcc and "consumer reports" estimate that one in five cell phone wireless customers get these kind of extra charges and the fcc will continue to monitor this as the industry rolls this out. everybody will start getting at least two of these alerts starting in october of ne

joining us is fox business network's shibani joshi. shibani. >> we're at no loss of choices. get iphone 4s, a droid phone. a lot of tech fans are talking about the new nexus prime out from google that will be out there. most of us when we make decisions we just think about the sticker price of the actual handset unit that we're considering buying. it is a lot more fun. a lot more personal to make those decisions but there is bigger financial commitment involved if you're thinking about getting a new smartphone, signing up for a new commitment. we dug into the numbers to do a little bit of homework for you. not meaning to pick on the iphone 4 s because it is quite representative what will is cost to get a smartphone no matter who makes it. verizon, not picking on verizon because a lot of plans are comparable. just the cost of the phone does not tell the full story. the cost of iphone 4s, 16 gig will one cost you 200 dollars. talk and text will cost you $1400. data and hot spot plan, 1200. insurance and warranties that will cost you $20 a month. ring stones, gps, additional ser

we are watching your money on the fox business network giving you the power to prosper. in new york, i'm tracy burns. >>> we still have plenty ahead. your weather, traffic and all of your top stories. fox 5 morning news at 4:30 starts now. >>> good morning. it is 4:30 on this tuesday, october 25th, taking a live look right now. you can see out over the city the washington monument there on your right. a little bit of rain we had there. good morning, everyone. i'm sarah simmons. welcome to fox 5 morning news. let's say good morning to tucker once again. it rained pretty hard last night. >> yes, and guess what is left in its wake? >> cold air. >> no, fog, fog is what is left. winds have lightened up. with the locally heavy rain, that contributing tie lot of moisture in the atmosphere. the fog advisory until 9:00 this morning. that will be the only thing that will slow your commute. tuesday should be a beautiful looking day with high temperatures expected to be back in the upper 60s. sentinel satellite showing you the cloud cover out of here, the rain showers out of here. ve

>> because sources told the fox business network who go down there, you get within three inches of them your bea to throw up. >> neil: okay, adam, not on the throwup issue, but on the other issue, i love charlie to death here, but i think their cause is probably a bit more amorphous here and that's the problem. and the argument that they feel disenfranchised and are lashing out and the group they feel is very much enfranchised and very much in the power and the money what is their-- >> well, trying to state the obvious, which is that it's more of the people had jobs they wouldn't have time to be protesting on wall street or in front of the homes of the ceo's of investment firms. >> i disagree with that. >> and as far as, i think they're revolutionaries, a lot of the people. i don't think these are the unwashed-- these are masses of people who are just out of work and say, we've had enough of enough. we want jobs. you listen to their barely discernible rhetoric, they have revolutionaries, socialists, marxists and by the way, their solutions are just, there are no solutions. >> let me add

stuart varney is anchor of "varney & company" on the fox business network. stuart, gdp is always a little wobbly. sometimes it gets revised if it comes back, as we well know, but what do we make of the new numbers? >> martha, i'm going to put a smile on your face this thursday! yes i a take that 2.5% gdp growth rate, that's a night uptick from the rate of growth earlier in the year. it means no double-dip recession. and if you dig within those numbers, you see that spending actually increased reasonably well. then you throw in the european debt deal, which takes a great deal of pressure off america's financial system, they've got themselves a great big bailout fund, that takes the pressure off us, throw in that weekly unemployment claims number, which was not good, but not terrible, what you've got is a rally on wall street. your 401(k) is going to go straight up at the opening bell this morning, and martha, you're going to see 12,000 on the dow jones industrial average very early this morning. martha: really? >> yes you are. martha: i'm going to smile! but

rich edson is with the fox business network, and he's joining us live from capitol hill. rich?porter: hey, jenna. this all dates back to february of this year. solyndra was in trouble, it needed more private investment, and the government signed off on an arrangement that would allow private investors to come in and in case the company went bankrupt, those private investors would be paid back followed largely by federal taxpayers. the department of energy signed off on this loan, and e-mails obtained by the fox business network show that in the treasury department there was some concern that perhaps that arrangement was illegal or broke federal law. and republicans on this committee say that is the case. democrats on this committee say this entire hearing is just a political show. take a listen. >> what the latest round of e-mails show is that senior officials within the obama administration had significant concerns about its legal basis, and those concerns were simply ignored. >> this agenda may be good for the oil companies, it may be good for the coal companies, but it is te

we are watching your money on the fox business network giving you the power to prosper.n new york, i'm tracy burns. >>> a health alert now out of maryland where an elderly person has died of legion air's disease. the state's health department says the out of state visitor died of the disease after staying at the plim plaza in ocean city. tests confirm that water contained the bacteria. >>> if you suffer from migraines, apparently exercise could help the pain as much as drugs. researchs are divided people into three groups. one exercised three tomb a week for 40 minutes, another used relaxation techniques and the third was prescribed a migraine drug. each group high pressure less pain. >>> more major league baseball playoff action. one team is just one away from going to the world series. >>> plus, a new era in maryland terps basketball. we'll hear from the new head man, mark turgeon. eon. >>> we also want to let you know about our coverage of the mlk memorial dedication. we'll carry the official ceremony at 11:00 a.m. sunday on our sister station, wdca my 20. allison sey

america needs right now and bridgestone is one of those examples. >> coming up at noon on the fox business networkr busy market day. unfortunately it will be going the wrong way. we'll cover it. >> thanks so much. and all these job openings will be posted on foxandfriends.com. >> yes and foxnews.com as well. >> all right, thank you. see you soon, cheryl. coming up next at the top of the hour, what do the protesters on wall street have in common with president obama? it's a riddle. laura ingraham here to solve that riddle. she joins us in three. then solyndra's ultimate failure sent half a billion taxpayer dollars down the drain, why is the president still standing behind the deal? two seconds to spare. [ female announcer ] once you taste new fiber one 80 calories... ...with its sweet honey taste, 40% daily value of fiber... ...and 80 calories per serving... ...you may want to tell a few friends. ♪ or all of them. ♪ i'll go get my bowl. [ female announcer ] new fiber one 80 calories. yes, you can actually love breakfast. ♪ yes, you can actually love yesterday doesn't win. big doesn't win. titles co

and sitting next to me, fox business network reporter, adam shapiro. law making is wretch. good to see you, pimp. >> take a began der >> good to see you, pinch. >> take a gander. he is the winner of the nobel prize. or as the scandinavian shakes pierce may say. truly his words will live on forever. greg? >> sounds vaguely like -- >> well, there seems to be a hand up there. it has nothing to do with anything. embarassing. >> go away, paper. it looks like hank will be making one less trip to the bank. hank williams, junior will now have his monday nights free as espn and the singer officially parted ways. williams' song "are you ready for some football -- never heard it -- was kicking off the games since 1991, but espn dropped the song after a comment he made on fox and friends about president obama and john boehner playing golf together. >> it would be like hitler playing golf with netanyahu. not hardly. in the country this shape is in, the shape this country is in, i mean, no. >> i don't understand the analogy. >> i'm glad you don't, brother, because a lot of people do. the

>> every day on the fox business network. 2:00 p.m. >> and if you don't have it -- >> tucker, there is lot of grassroots organization campaigns on your behalf for next year's nobel peace prize. is that true? why are millions demanding that the nobel committee honor you for your work? >> that's a good question. go on lining and look at the prairie fire. >> michael, tell me about the swedish poetry. >> that's a strange question. oddly enough i do have an answer for that. the only thing i have to plug is from yesterday when i read about the swedish poet, and now thomas transformer i

. >>> but first here's fox business network's neil cavuto. >> halloween a month away but the economy looking scary now, the dow, nasdaq, s&p 500 up more than 10% over the last 3 months and that has not happened since the financial crisis ended a couple years ago and adding insult to injury, americans are making less money. personal incomes are down for the first time since october of 2009. meantime oil prices taking a breather. the price of black gold falling 20% last quarter, but as oil falls drivers are catching a break. the national average for a gallon of regular unleaded gasoline $3.44. gas prices ticking lower 20 days in a row. it may be mischievous, but there's something else kraft wants you to know about their cheese. there may be wiry bristles . you can adjust it to whatever your needs are. if i'm in pain one day, in less than a minute i can get more support. your body changes over time. the bed can adapt with you. not only does it work for you today, but it's going to work for you 20 years from now. and that support is going to be consistent. so whatever you feel like, the

fox bids network stuff when we did the business beat.really -- >> you're with a too -- >> i told you i clear oud the other stuff. >> this is what i do. my time off. i'm on sites like -- i go to d- listed, all the gossip sites. that is what i'm doing. i got to know what is going o you got to know who did what over weekend. >> which is what today in new york keeps an eye on. >> you got to know who did what over the weekend. i do have my script too so i communicate with the producers. >> as you know, we use the news anchors at least use the teleprompter which actually you can probably see jason. there is the teleprompter right there. but we have hard copies of the scripts in front. us in case the prompt are goes down. that is why you will still see them moving the peoples. >> we also r teleprompters which is what you have here. >> we have the hand held device and can you move it up and down. if you look below the effect, we have foot pedals which also operates the prompter. >> it is not as easy as what you think. >> it is like chewing gum a