former new york governor george pataki. is one step closer to being the richest ipo ever and demand leads the company to raise the price of the shares and we have -- and we will have more on that next. ♪ >> it is 50 six minutes past the hour was spent bloomberg television is "on the markets." equity futures are slightly lower. inflation is pretty tame in this country at the moment. the fed is meeting and they will be issuing their statement tomorrow. inare "on the markets" again 30 minutes. in the next hour, there's nothing about a company trying to hard to be hip. sees microsoft that way about the purchasing of minecraft. we will be back. ♪ >> we are about artie minutes away from the opening talent here is what we are working on. stocks will be lower at the open and the s&p 500 had a one-month low after a selloff in tech stocks. calpers says hedge funds are too expensive and are selling all of their hedge funds. u.s. banks want to gain the upper hand with the apple pay system and will persuade customers to use their cards

george pataki with why he thinks that is, and what we can do to change it. you know what my business philosophy is, reynolds? no. not exactly. to attain success, one must project success. that's why we use fedex one rate. their flat rate shipping. exactly. it makes us look top-notch but we know it's affordable. [ garage door opening ] [ sighs ] honey, haven't i asked you to please use the -- we don't have a reception entrance. [ male announcer ] ship a pak via fedex express saver® for as low as $7.50. suddenly you're a mouth breather. a mouth breather! how do you sleep like that? you dry up, your cold feels even worse. well, put on a breathe right strip and shut your mouth. cold medicines open your nose over time, but add a breathe right strip, and pow! it instantly opens your nose up to 38% more so you can breathe and do the one thing you want to do. sleep. add breathe right to your cold medicine. shut your mouth and sleep right. breathe right. neil: all right, 45 minutes away from hearing from president of united states. 13 years, after the 9/11 attacks. o

just like traffic, it will do this or that rebut the evidence does not show it. >> george pataki wasast republican who held a statewide seat in new york. --did not leave much less much left for the republicans picked a ride on. why is it so hard for the gop here? >> the gop has had a difficult time in a relatively liberal state, and we are a liberal state. liberal is not a great word to use, but in terms of more moderate to liberal states, it is difficult for republicans. certainly on a national election. the state has become more democratic. you have nassau county, which is more democratic. westchester is more democratic. george is a great governor. he did a wonderful job. but you have a changing demographic in the state. >> and which he said he felt was getting more hostile to business. i don't know if you have felt that at all. >> i don't think that is true. is this in the city is heavily --ulated by the federal business in the city is heavily regulated at the federal level. we are going to continue to thrive. the city is a capital of finance. i don't think the state or city refle

has that soft and with george pataki out of the political game?rk governor, the last republican governor by the republican period that held a statewide seat here in the minority. he will be joining us, and yes, he will be talking about, what are some of the issues that will bring both sides together, but i will say this with one caveat. he is supporting his chief eight, his long-term chief aide john cahill for attorney general who wants to unseat eric schneiderman. they have called him corrupt. they say he has not been hard enough on wall street, and they agt to try to win the office. >> your other guest, scott rigell, congress meant of virginia, republican, what you expect to hear from him? a he has always been kind of moderate, and he has been lambasted, by the way, guys, by the tea party republicans will stop he has always been a moderate republican. warren buffett has contributed to his campaign. he supports so far with the president has done. he says the president has been above board on his fight against islamic militants and his plan, but h

tomorrow, hot button political issues with the former new york governor george pataki. he joins me.rginia will also be "in the loop," tomorrow at 8:00 a.m. eastern time. ♪ >> 56 past the hour, bloomberg is "on the markets." i am julie hyman. let's get you caught up on where stocks are trading. a terms of direction, seeing decline for the nasdaq, down .8%. the s&p pulling back, as is the dow jones. industrial production unexpectedly falling this morning. analysts and economists have been calling for an increase. we saw a decrease of .1%. the dollar, little changed. crude oil, little changed. we have chinese industrial production coming in below estimates and raising concerns about global demand. seeing the yield on the ten-year go down to 2.5 8%. sticking with fixed income, debt investors who plan to shift holdings around as yields rise might want to consider this -- it is getting harder to trade in the corporate bond market. they only get more difficult. dormy media talk about why this matters to investors is lisa.erg news' what you mean it is getting harder to trade and corporate b

we'll be joined by former new york governor george pataki and former george bush cheech of staff andyard, the man who whispered in the ear of the president of the use the that this country -- ppts of the united states that this country was under attack for the first time since pearl harbor. >> michelle goldstein, monica goldstein. ronald f.golinski. (knochello? hey, i notice your car is not in the driveway. yeah. it's in the shop. it's going to cost me an arm and a leg. that's hilarious. sorry. you shoulda taken it to midas. get some of that midas touch. they tell you what stuff needs fixing, and what stuff can wait. next time i'm going to midas. high-five! arg! i did not see that coming. trust the midas touch. for brakes, tires, oil, everything. (whistling) that we all need to protect ourselves from crime, in today's world that includes identity theft. it's a serious problem. we all have to protect ourselves. [ male announcer ] while identity theft can't be completely stopped, no one works harder to help protect you than lifelock. you even get a $1 million service guarantee. that's s

democratic congressman on whether any isis crackdown will -- we have the republican governor george pat patakiis is the unique aspect of coverage on fox business. you get the political impact and how important it is with simultaneous global market reaction, weighing financialtle stakes. only one place to do that, that's fox business. join us. >>> with our case back in a mexican court, mon teleis raising hell to get him back home. because right now he says no one else is. so what we're looking for is a way to "plus" our accounting firm's mobile plan. and "minus" our expenses. perfect timing. we're offering our best-ever pricing on mobile plans for business. run the numbers on that. well, unlimited talk and text, and ten gigs of data for the five of you would be... one-seventy-five a month. good calculating kyle. good job kyle. you just made partner. our best-ever pricing on mobile share value plans for business. now with a $100 bill credit for every business line you add. i've got a nice long life ahead. big plans. so when i found out medicare doesn't pay all my medical expenses, i got a medica