gerri: hello. i am gerri lewis -- gerri bolus to a special edition over the next hour we bring the user's guide to holiday shopping to downloading the best holiday apps all hour-long to the consumer the christmas shopping season is to kick off on black friday but many retailers started to open the doors today. we'll have more coming up the revenge of brick and mortar online retailersli feeling he has made the besthe b deals are offered at actual stores.r joining me now to assess consumer and money-saving expert.r think you for coming on. the big trend is people gohe with their smart phone into the store they turn on the tv then they go home and buy them online. the you say there is a new trend? >> is the exact oppositewhen where consumers would get products online or on theirand tablet or mobile device thato go into the store to makee the purchase we see approximately 65% of consumers that well webroom this season so retailers are doing something right to get people into the door. gerri: talk about

gerri: hello everybody i am gerri willis. welcome to a special edition we're devoting the entire hour to answer the question how do you do that? with the advice if you are in the market for a new home don't be dismayed. the end of the year could be the perfect time to buy a home. the how to do that?er personal finance expert, is i think this is a great idea k vera. >> there is not lot of inventory but not a lot of buyers they can take their. time no multiple offers or bidding wars. it is you and the offer and the seller may entertain that. brady dots in the summer if it is not in the range. >> people selling this time of year want to get out and are willing toe do it to.re >> they could be desperate because the other sellers have taken their homes off the market thosean who are in the game are motivated and they have to do it now. a the buyers are motivated because they have good job transfer of lot of companies relocate in january. serious sellers and seriouselle buyers. gerri: now look at mortgage rates.an they are still pr

. ♪ gerri: hello, everybody. i'm gerri willis.onight on "the willis report" damage control mode over obamacare as a new report shows six people signed up on day one. >> we do not have a reliable enrollment figure yet. gerri: also, the irs, what you need to know. and how do you do that? where parents need to draw the line with sharon. we are watching out for you tonight on "the willis report." ♪ gerri: all that and more coming up. first, the latest from los angeles and the shooting at lax which left one tsa agent dead and questions about airport security across the country. flights have been delayed and canceled as a result of the situation. officials at lax say all flights in and out of the airport are still delayed. with us now from a welcome back to the show. very good to see you. i read that the person responsible for this brought a rifle through a security checkpoint, which makes me wonder tonight even if the first tee off -- tsa officer to die in the line of duty today, are we safe? if you can bring a gun, and assault rifle t

gerri: hello, everybody. i'm gerri willis. tonight on "the willis report" new record high s. are bulls and bears debate. also, obamacare, the whole health insurance industry in limbo as people fled to get there policies back. and the best way to score a deal . they go to extreme lengths to get your shopping. we are watching out for you tonight on "the willis report." ♪ gerri: welcome to "the willis report". your show, your money, your voice. tonight your retirement. the dow rocketing past 16,000, setting a new all-time high. although the index did not close above that level, it is still setting its fourth consecutive record close, the seventh this month and the 309th this year. in short, stocks are on fire. does this all feel a little too much like 2000 or 2007? is there a bus coming or a crash ? have we been here before? she is smart invesrs have for the hills? coming together for our expert panel with up-to-the-minute advice. founder of capitalist pig, a portfolio manager and chief investment officer and president and ceo of schaefer asset management. to you first, my frien

gerri: interesting.ly functioning obamacare website has until saturday to work for the majority of americans. but like countless other self-imposed deadlines, the administration could go right past this one. just today new problems arising making it even tougher for consumers to sign up for health care. the manhattan institute. so what is all of this about? the id verification not working. >> well, it has been a problem for months. federal government. the privacy safeguards in obamacare, it has not been working. people in but they're social security numbers, their personal financial in formation, and it is vulnerable to hackers. gerri: vulnerable to hackers. we talked about that, but now people cannot get their id verified. even if you're willing to go on the site and rest your personal information getting sent all over the place to me may not even be able to make it work. >> and there have been cases of people who have got someone else's information. a case in south carolina, someone in that the informa

gerri: how much? >> three or $4 extra. gerri: any other hidden fees ?mes they will charge you $15 but that to be more than what you have. but there is a general purpose than brand specific like the amazon or ebay with a specific retailer hardly any fees at all. that is the best bet. gerri: if you use the card are there any other news to share? >> looking for expiration dates looking for a loss for theft protection. gerri: what aboutcounts online? >> to make sure they have 100% money back guarantee. i have had that happen from personal experience but i was able to get the money back. i called the company. gerri: island my money back this has nothing on it. >> there is a risks to make anything you recommend? >> abc gift cards has been around for awhile, i reject those out. make sure there is the 100% money back guarantee. gerri: good to meet you. coming up my to cents a and fewer shopping-- malls are pulling out all the stops. details coming up. this is the quicksilver cash back card from capil one. it's no the "limit the cash i earnvery month" card. it's

gerri: hello, everybody. i'm gerri willis. tonight on "the willis report", a popular new website kicks off a fierce battle between homeowners and the government. but politicians want to restrict what you do with your property. also, big worries about americans with adjustable rate mortgages. why they may be sitting pretty. and our -- are actively managed mutual funds better for investors? what is better for your money. we'll watch enough for you tonight on "the willis report." ♪ gerri: our top story tonight, the government telling you what you can and cannot do with your own property. right now in new york there is a battle raging between the popular website and the state's attorney general. the website helps people run to cover and a room for their entire apartment for visitors to the want to fork over big bucks. the government says they are tax evading lawbreakers. let's bring in a senior fellow at the cato institute. thank you for coming on the show tonight. 225,000. since when is it illegal to rent out your apartment on yo

gerri: though last? yes. >> excellent. gerri: he was made out of the 30?he was what'd and not until they were molded out of plastic that they could stick together to make amazing creations. >> you cannot think of legos without harry potter or "star wars" for what lego is today. gerri: this is not like any easy bake ovens. >> it is so streamlined from the original i bawled. you would cook your cake with the labels now it has the built-in and electric element cooking better than ever before more delicious things. gerri: mr. potato head? i love this but not always made out of plastic? >> phil flynn 52 to bring in actual potato those would find those all over he turned into a plastic potato >> surrounded by tollways but it is the teddy bear that people talk about. >> hard to believe it would start as a hunting trip by president theodore roosevelt 1902. having a lousy time hunting he could not bag anything so the folks he was traveling with staked out the bear and he said that was not fair and refused to shoot it was a political cartoon with the dutch with an a

. ♪ gerri: hello, everybody. i'm gerri willis.onight on "the willis report" forget cronkite, president obama has now lost bill clinton as a supporter for obamacare. >> the president. gerri: more down to about are more common as set to fall? approving the merger. does this mean better service or higher prices for you? and our users guide to shopping continues with a look at the revenge of the brick and mortar stores. other best deal of this holiday season may not be on line. we are watching out for you tonight on "the willis report." ♪ gerri: welcome to "the willis report". your show, your money, your voice. tonight your taxes. your taxes paid for obamacare, but we still do not have the official obamacare and room numbers, and now new concerns surrounding the people in charge of helping consumers sign up. a shocking new video shows texas' obamacare navigator's encouraging applicants to live on their applications to score higher subsidies and lower premiums. here to weigh in, dr. mitchell brooks the most of of the nation and senior

gerri: don't to buy toys?wo weeks leading up to christmas and the sales are even greater. gerri: moms say are scared they will run out. >> you are really worried they will be on the sale but really for the discount rate two weeks before. gerri: you say forget the apparel? >> they will hit the clearance rack costs 60% off supply those deals and also for the name brand of television when 2014 models rolled out in 2013 will be on sale so way intel early january. gerri: you have to be careful. >> be a savvy consumer. gerri: you just help us to do that. of tomorrow to reduce hours died continues my revenge of brick and mortar of the best deals may not be on-line. the you're not the 42 million forgoing thanksgiving you could help thanksgiving preparation easier. the best gadgets for the kitchen. number five a garlic press that does not clog. large chamber and a good grip $16. number for the better blade it hopes to capture the flavor with the grip case that does not end up all over the place. $15. number three sharp

gerri: welcome back. finding answers to coping with obamacare is not easy on a personal level a can be intimidating. or scary for the 5 million people who have had their health insurance canceled but the risks our bigger than back getting affordable care you can have confidence in it is more difficult for ever but a. will your doctor be around next year? the year after that? what about your hospital? will your insurer paid for you to go there or had chosen at cheaper facility? the burden of responsibility is shifting to you. you have to make sure you get the care they you need and deserve. under obamacare is shifty to protect itself that leaves you on your own. we have been talking about solutions than one shortcut or one solution that i thought that may interest you is a web site that is a dna test a web site. gerri: i was blown away. surprise. ancestry affirmation. >> we have a schoolteacher called the ancestry composition we can take your dna to break down into percentages of your ancestors who are mos

. ♪ gerri: hello, everybody. i'm gerri willis.onight on "the willis report" consumer relief or blatant union to know. watching out for you tonight on "the willis report". ♪ gerri: welcome to "the willis report." your show, your money, your voice. tonight another delay in obamacare. this one is intentional. this time open enrollment deadline is being extended by a month so that it can get past the election. people can't cancel the election time. with us now, steve more from the law street journal editorial board and dr. scott gottlieb's, former policy for centers for medicare and medicaid services. welcome to you both. i will start with you. let me read you what the obamacare administration is saying about what is essentially a 30 day delay. they say it is to give insurers the benefit of more time to evaluate there experiences during the 2014 plan year and allow them to take into account those who may enroll late including young adults before setting 2015 rates. >> that is probably right because the insurers are going to have a har

gerri: thank you, todd. >> my pleasure. gerri: good stuff.oming up tomorrow, our user's guide to shopping continues with a look at the must-have shopping apps. >> macy's predicting a holly jolly christmas choppy season, reporting blockbuster earnings for last quarter, predicting positive trends for christmas season, it is a make or break time for retailers. this year, there are 6 fewer days between thanksgiving and christmas. intensifying pressure on retailers, despite optimism they announced drastic measures opening on thanksgiving night for first time. they join hor big name retailers like walmart. the big box store rolling out black friday bonanza the night before, thursday 10 items will be specially marked down, including ipad minis and flat panel tvs. >> later, 3 additional items, and 8:00 a.m., walmart give card will be handed out with major purchase, retailer pulling out all stops to get you to spend your money over next weeks, you are bitting you spending more or less on christmas presents this year. gerri: log on to gerriwillis.com,

gerri: okay.hese fights? >> the best way to deal with it is to put yourself in a position where you do not have to have the discussion. the best way to do that is that the details of an agreement. any expense that you can possibly anticipate in the future needs to be in the agreement. there needs to be a determination as to what activities will be paid for, if they're is a historical payment that was made because the child had played soccer, anticipate that it will continue. maybe there should be a limit on the amount of the contribution. gerri: i think that is a great idea. planning ahead is always a good thing. sometimes i wonder if these people -- they actually arguing about the money or are they are doing to argue? are they are doing because they are still angry over the divorce and this is just one way to talk about it? >> well, that happens frequtly what we see most of the time is that people are tired after going through a divorce. it is a very emotional process. people pay a lot of money.

gerri: wow. >> most of them over 30%. gerri: wow, think about that. 60% increase.t to think that some of those small business employers are going to say, no thanks, we're going to walk away from this, dump you into an exchange or move on. paul, one of the big questions too here, i think, is what happens to people who work for very big companies that have plans that probably meet a lot of the essential health benefits. they've already got that, but ultimately out there in the future there's a cadillac tax on premium plans. a lot of employers already dialing back benefits so they don't have to pay that huge tax, 40% excise tax. what's that going to mean? >> that's going to mean companies are going to keep looking at ways to keep their cost trend down over time and come in below that tax. they're going to keep increasing deductibles, look at the networks, they're also going to look at things like private health insurance exchanges, put employees into that environment where you can have them pick health savings accounts and other tools to just keep that cost down. that

gerri: i agree.ere would be able to win their legal fees. most laws of this nature, health and benefit companies and tight case providing the winning and legasuits. the problem is that you have to win first. in this case it is worse than that because there is not even a basis to have a loss it. gerri: you know, i think he is disagreeing with you a little bit. maybe you're not suing the insurer. maybe othereople. not tt we're advocating, but there are people who are between a rock and our place, and the federal government put them there. thank you for coming on. appreciate your time. >> thank you. always good to be on the show. gerri: thank you. new changes coming for housing. the senate filibuster affects on agency appointments clearing the way for obama's nominee at least the regulatory portion. congressman mel watt of north carolina was blocked by the gop. now his confirmation appears to be proceeding. what impact will this apartment have on taxpayer bottom lines? director of financial regulion stu

gerri: are the deals?ices on black friday are going to be probably cheaper than what you might spend on any given day may be, but the truth of the matter is is that there are definitely times of the year when the prices will be at an absolutely lower. you know -- gerri: as much as 38% less. >> absolutely. gerri: that is a lot. >> rig. what you have to think about is that you are going to go through a lot of hassles on black friday on top of that. [laughter] >> i don't know if the math works out. gerri: the map and the pain and distress. i want to show folks the numbers that we came up with to give them a sense of how this works. check this out. talk about buying a sweater. suggested retail price of $50. the first markdown comes. then you pay $44.99. the final discount price, $21.909. here's the information you don't have. the retailer pays $14.50 for this ridiculous water, and the average retail price was 20 bucks. their gross margin, 20 -- 45%. >> pretty good. real living in a time where even beyond black

gerri: that sound so complicated.people think that the federal government is too involved in that, or they don't like the amount of privacy issues surrounding it. they don't like the idea that there's all this information about their kids floating around. >> in the end the standards are largely aspirational and are the hopes that we have for our children and grandchildren rgely about their achieveme in math and reading. so in the end, it's really up to the state in the community and the parents and the children to decide how meet them and that will probably sound fairly complicated. each state wildecide how to do it. gerri: people don't feel like it's being locally implemented, but coming down from washington on their heads and they do not like that. what do you say? >> i think it shou be clear that from the outset, it was a state led initiative and however, over he course of the last several years, the ama administration and the department of education has said it's him on advocating on the race to the top, the compe

gerri: good to see you. gerri: good to see you.back after cun ordered shoes fr us online but they didn't fit. customer's not hay, i'm not happy. sales go down, i'm not happy. merch comes back, i'm not happy. use ups. they make returns eas unhappy customer becomes happy customer. then, repeat customer. easy returns, i'm happy. repeat customers, i'm happy. sales go up, i'm happy. i ordered another pair. i'm happy. (both) i'm happy. i'm happy. happy. happy. happy. happy. happhappy. i love logistics. gerri: the fcc lifting its longtime ban on cell phone calls while in flight. here's what you're posting on my facebook page. you don't wt to hear a baby crying next to you, be sue as heck don't want hear someone talking on the phone. this will make an already difficult experience intolerable. we added this to on erriwillis.com. 72% said no. unlike the no crowd. log on to gerriwillis.com our online question every weekday. finally, when the government gets involved in something that you know that your trouble with, you know there's a probem.

. ♪ gerri: hello, everybody. i'm gerri willis.onight on "the willis report" president obama who throws the health care system into chaos offering a fixed to3 president obama who throws the health care system into chaos offering a fixed to the canceled plans that creates more confusion, not clarity. >> this fix will solve every problem for every person. gerri: also, the next head of the reserve chair in the hot seat. how long will janet yellen keep interest rates near record lows been wrote wahoo. >> i believe the benefits exceed the cost. gerri: and are you -- our users guide to shopping. we're watching out for you tonight on "the willis report." ♪ gerrnot c welcome to "the willis report." your show, your money, your voice. and tonight your apology. the president today apologizing to the 5 million in have lost our health insurance coverage because of obamacare, his pr rram. not to worry because he will allow these policies to be extended one year. he said, it's on me, but what he means is committed on the insurance companies. insu

gerri: are you kidding me? is that the kind of level of competency that we have in this administration? sell this product to an unsuspecting person -- unsuspecting public. >> these people were hired of history very quickly with a lot of money being spent doing it and probably not even fully informed of what they need to know to help other people. also, in regard to privacy, i believe -- you may want to check this out, but i believe that there is even some question once you get your information into the website, if you are fortunate enough to do that there are some ways that that information is a matter of privacy, not protected as well. gerri: the fact that these questions are not answered and the program has already been rolled out his astonishing to me. there is one other fact that came out today that i wanted to ask you about. finally, finally, finally, sebelius said she will reveal the number of people enrolled in the program. also it will be a very small number. what is your reaction? >> well, that small n

gerri: thank you so much. tanking today in what will happen if there is a bad jobs report tomorrow. the ticker symbol will be twtr. that's coming up next. were we we out and asked people a simple question: how ol the oldest person you've kwn? we gave people a sticker and had them show us. we learned a lot us have known someone who'sived well into their 90s. and at's a a great thing. but even though we're living longer, one thing that hasn't changed much is the official retirement age. ♪ the question is how do you make sure you he the money you need to enjoy all of these years. ♪ were >> from the fox business studios, it is "the willis report" with gerri willis. gerri: did you see today? twitter and their debut on the new york stock exchange. not that you could play because you're an innividual investor and not a friend of the wall street giant. the idea let the price of shares nearly 73% above the original price of $26 that was set last night. in the stock closed up $45 per share. joining me now is david nelso

gerri: 41 hours. forty-one hours.e to say, they would not be doing if they did not think people wld come in. gerri: right. >> absolutely. there motivating people to shop online. but again, i guess they feel through whenever pressure that they have to be in it to win it. while other competitors are trying to get shoppers, they haveo do something dramatic, and it certainly is dramatic, but it could have a backlh. thanksgiving occupies a spepecil unleash in our societyty and culture. gerr one of my friends tell me you're not getting me from out in fro of the tvet. >> i'm monitor the sales to see what we can expect it does not seem to be as aggggressive as it has been. i think that we are seeing that ere are some aggressive sales. major department store chains are offering limited time sales of 25 to 40 percent off, some as %-caught up in the experience of going o on black friday and what that means, and that the expectations are quite high. for example, there are always those, we talk about the midnight madness, the idea

gerri: let's move on. that i really think that, and i know people are going to argue with me on this, that consumers are smarter. they're saying that i'm not going to come to your store unless you're going to give me a discount. >> or smartphone stellas everything today. >> it is forcing retailers to be on their team. >> are they responding to our demands or limping along and trying to figure out how much we are going to spend? you know, you look at the consumer confidence from november and it's a two-year low. are people forcing retailers to change, or are the retailers in what is going on in changing what they are doing. >> critical question is do people go into the store,. >> take a look at some of the promotions at amazon is doing. 90% off some video games. 50% off spongebob, popular books, best-selling tools. >> i'm expecting the biggest cybermonday in history. gerri: the biggest? >> guesstimate brick-and-mortar bit small. that's not news. it's what we see we confront in a week from monday. >> what sh