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lauren simonetti. en: if there is any good news here, there are not reports of mass casualties, and that is why the dow is down 211 points, but off the low down 235. the floor was so chaotic when this news cross. cnn on this tv, bloomberg on that tv, fox business on these tvs. the volume on the traitorous monitors usually doesn't go up. we can usually hear ourselves in. all the volume was just up at that point, i couldn't even hear myself because we were trying to think of what would happen when we got more headlines coming out, and now as we know more, the market has somewhat stabilized but the vix index and a flight to safety for the treasuries. liz: this severely affected the psychology of all americans, not to mention business leaders who have been keeping huge piles of cash on the sideline because they feel they should have dry powder. they were concerned about these situations. we don't know if it was terrorism but if indeed there was, and there are reports on fox news there may have been a third
lauren simonetti. en: if there is any good news here, there are not reports of mass casualties, and that is why the dow is down 211 points, but off the low down 235. the floor was so chaotic when this news cross. cnn on this tv, bloomberg on that tv, fox business on these tvs. the volume on the traitorous monitors usually doesn't go up. we can usually hear ourselves in. all the volume was just up at that point, i couldn't even hear myself because we were trying to think of what would happen...
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as we do, lauren simonetti on the floor the exchange.ooking to cross the flat line pretty soon. >> yeah. the dow is coming back, down about 10, 11 points right now. we're talking about two fast-food giants right now. one used to own the other one. mcdonald's let's put them in the negative column. shares are down today. they reported earnings earlier. europe continues to be a weakness. their u.s. sales in fact fell. this is a stock that, just, you know earlier this week it was at $10 a share. they're certainly coming down from the all-time high. now chipolte, mexican grill. what a performance today. what an earnings report. the stock is up 11%. at least five brokerages are raising their price targets on the stock today. chipolte was able it grow earnings despite food cost ininflation. tracy: back to. adam: we have latest on a manhunt for the marathon bombing suspect. tracy: developments in the dell buyout. we'll have that and much more as we head out to break. look how the dollar is faring the dow is only down 14 points. we'll be right ba
as we do, lauren simonetti on the floor the exchange.ooking to cross the flat line pretty soon. >> yeah. the dow is coming back, down about 10, 11 points right now. we're talking about two fast-food giants right now. one used to own the other one. mcdonald's let's put them in the negative column. shares are down today. they reported earnings earlier. europe continues to be a weakness. their u.s. sales in fact fell. this is a stock that, just, you know earlier this week it was at $10 a...
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lauren simonetti outside the courthouse with the very latest. lauren?cy's and jcpenney can sell martha stewart designed products. judge jeffrey lang in the courthouse behind me ruling about an hour ago, denying a temporary block of the martha stewart designs. jcp everyday products. that is what the products are called. that is what the label will say. there is no mention of martha stewart in terms of packaging or labeling. so this everyday line includes bed, bedding, bath items, cook ware, all these items have been in a warehouse. they're estimated to be worth $100 million. now they can indeed, this spring, just in time for mother's day head to jcpenney store shelves and jcpenney hopefully can tell them. in addition what jcpenney has the mini shops concept. this was the brainchild of former ceo ron johnson. one. mini shops is called martha celebrations. they had a soft launch of it last week. they're selling what they call easy entertainment items this list is nonexclusive categories, balloons, candy, cupcake liners things like that. these are all the t
lauren simonetti outside the courthouse with the very latest. lauren?cy's and jcpenney can sell martha stewart designed products. judge jeffrey lang in the courthouse behind me ruling about an hour ago, denying a temporary block of the martha stewart designs. jcp everyday products. that is what the products are called. that is what the label will say. there is no mention of martha stewart in terms of packaging or labeling. so this everyday line includes bed, bedding, bath items, cook ware, all...
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lauren simonetti on the floor of the new york stock exchange. lauren, how will you follow that?n't know. the stock market is up significantly in the past couple of minutes, right? so that's the good news. two food stocks hitting life type highs. panera bread getting upgrade by goldman sachs. mcdonald's leading the dow industrials. they got a price target increase by goldman sachs to $108 a share. those are two competitors in the food space both doing really well. back to you. melissa: lauren, thanks so much. rising grain prices forcing hundreds of california dairy farmers out of business. next we'll introduce you to the so-called dairy queen who lost everything after 57 years in business. lori: the dow is actually climbing here, up 32 points. here is look at some winners and. zero in on facebook. a relieving announcement. we'll explain it a little later. shares up nearly 3%. back with more after this. [ jackie ] its just so frustrating... ♪ the middle of this special moment and i need to run off to the bathroom. ♪ i'm fed up with always having to put my bladder's needs ahead of
lauren simonetti on the floor of the new york stock exchange. lauren, how will you follow that?n't know. the stock market is up significantly in the past couple of minutes, right? so that's the good news. two food stocks hitting life type highs. panera bread getting upgrade by goldman sachs. mcdonald's leading the dow industrials. they got a price target increase by goldman sachs to $108 a share. those are two competitors in the food space both doing really well. back to you. melissa: lauren,...
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lauren simonetti at the floor of the exchange. market is down 167 points. >> this is ugly. hi tracy and adam. stocks are down two days in a row but this comes after a stellar run-up, one. best weeks of the year. we're down 1% across the board. i want to look at the financials. citigroup posting a rare up arrow up more than 1 1/2%. as you see lots of other banks are down today. the news behind citi and the reason it is up because it had a double beat, both profit and revenue coming in better than expected with citi's first quarter report card. it is not clear out of the woods for citigroup. the ceo on the conference call said economic growth around the world remains volatile. citi, as i said rare green arrows when most banks and stocks on a day like today are in the red. tracy and adam. back to you. tracy: lauren we'll see you in 15 minutes, thanks. adam: now gold is tumbling. it is seeing its largest one-day decline in 33 years. with more on what is behind the selloff, liz macdonald with emac's bottom line. goldman sachs called th
lauren simonetti at the floor of the exchange. market is down 167 points. >> this is ugly. hi tracy and adam. stocks are down two days in a row but this comes after a stellar run-up, one. best weeks of the year. we're down 1% across the board. i want to look at the financials. citigroup posting a rare up arrow up more than 1 1/2%. as you see lots of other banks are down today. the news behind citi and the reason it is up because it had a double beat, both profit and revenue coming in...
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lauren simonetti in the fox business network, thank you. >> time to brew on this. google under fire for this doodle on its main page. the company honoring the birthday of the late labor leader cesar chavez instead of honoring easter. so far google commemorated the holy holiday once in 2000, 13 years ago. a spokesperson said -- quote -- "sometimes for a given date we feature an historical event or influential figure we haven't in the past." that leads to the question of the day. do you think google was wrong to do this? send your comments. tweet them at fox friends first or shoot us an e-mail and we will read some of those later in the show. it is 16 after the top of the hour. next on the rundown, are you worried the deli meat in your fridge that's been in there for a week is dangerous. how do you know when you should throw it out? one airline about to give a whole new meaning to a window seat. as we go to break, look at the gasoline prices today. the new national average, $3.63. unchanged from yesterday. >> good morning to you. it is now 20 past the hour. an act of
lauren simonetti in the fox business network, thank you. >> time to brew on this. google under fire for this doodle on its main page. the company honoring the birthday of the late labor leader cesar chavez instead of honoring easter. so far google commemorated the holy holiday once in 2000, 13 years ago. a spokesperson said -- quote -- "sometimes for a given date we feature an historical event or influential figure we haven't in the past." that leads to the question of the day....
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lauren simonetti live for us. it is now ten minutes after the top of the hour. coming up, one town about to require all residents to own a gun, but is this a good idea? we report and you decide. >> the energy department breaking the rules to hand out six-figure checks. and they did it on your dime. but first as we go to break, take a look at the gasoline prices. new national average $3.64 cents. that is up one penny from that is up one penny from yesterday. hey! did you know that honey nut cheerios has oats that can help lower cholesterol? and it tastes good? sure does! wow. it's the honey, it makes it taste so... well, would you look at the time... what's the rush? be happy. be healthy. >> it's 14 minutes after the hour. here's a look at what you missed while sleeping. we have now learned the names of the victims killed in that alaska helicopter rescue crash. the pilot rescued hundreds of people over the course of his career and paige toll was a former kansas state trooper. they had just rescued an injured snowmobileer and were flying to meet a medic. >>> camel
lauren simonetti live for us. it is now ten minutes after the top of the hour. coming up, one town about to require all residents to own a gun, but is this a good idea? we report and you decide. >> the energy department breaking the rules to hand out six-figure checks. and they did it on your dime. but first as we go to break, take a look at the gasoline prices. new national average $3.64 cents. that is up one penny from that is up one penny from yesterday. hey! did you know that honey...
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lauren simonetti on the fox business network joins us with bad news.eally, longer, longer waits on the tarmac? >> possible options for travelers now that it is day three of the faa furloughs longer airport wait time, longer tarmac wait time perhaps canceled flights all together. now they have filed a motion to place a moratorium on the rule saying airlines cannot let passengers remain on the tarmac for more than 3 hours. the motion notes 6700 flights will be delayed daily at 13 of the busiest airports now that the furloughs have started f. you add bad weather on ton of that it could get pretty ugly. if the tarmac rule does stay in place airlines may be forced to cancel flights and significantly disrupt travel plans. because they don't have the appropriate staff to go deal with the travel disruption. >> they are telling passengers there's always the bus. >> college, is it worth it or not worth it? >> there is a growing number of people saying it's not worth it. no longer guarantees success. even a good enough job where you make enough money to pay back
lauren simonetti on the fox business network joins us with bad news.eally, longer, longer waits on the tarmac? >> possible options for travelers now that it is day three of the faa furloughs longer airport wait time, longer tarmac wait time perhaps canceled flights all together. now they have filed a motion to place a moratorium on the rule saying airlines cannot let passengers remain on the tarmac for more than 3 hours. the motion notes 6700 flights will be delayed daily at 13 of the...
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cheryl: lauren simonetti, charles payne, thank you to both of you.ut of boston. we continue to wait on a press conference from the massachusetts state police. the manhunt is underway. they are busy and boston. ♪ thank you orville and wilbur... ...a. neil and buzz: for teaching us that you can't create the future... by clinging to the past. and with tt: you're history. instead of looking behind... delta is looking beyond. 80 thousand of us investing billions... in everything from the best experiences below... to the finest comforts above. we're not simply saluting sty... we're making it. the math of retirement is different today.ek. money has to last longer. i don't want to pour over pie charts all day. i want to travel, and i want the income to do it. ishares incomes etfs. low cost and diversified. find out why nine out of ten large professional investo choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus, which includes investment objectives, risks, charges and expenses. read and consider it carefully before inves
cheryl: lauren simonetti, charles payne, thank you to both of you.ut of boston. we continue to wait on a press conference from the massachusetts state police. the manhunt is underway. they are busy and boston. ♪ thank you orville and wilbur... ...a. neil and buzz: for teaching us that you can't create the future... by clinging to the past. and with tt: you're history. instead of looking behind... delta is looking beyond. 80 thousand of us investing billions... in everything from the best...
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lauren simonetti standing by at the new york stock exchange. >> liz, i pulled teddy wisering about on over. he has been on the floor quite some time and seen activities and events beyond our control affecting the market. how much of the day, lows on the session is fear what happened in boston? what do we do tomorrow? what will happen anyway? >> you just don't know, one thing about selloffs they come, and they don't ring a bell. we never have a crystal ball and we don't know the reason. this started on friday, with commodities getting weak carried through today. >> i see that, teddy. vix is at 17 and change that is rise of five points. this is huge rise in fear we talked about. >> yes, but we've had a huge rise in the market for four months. nothing goes straight up and nothing goes straight down the corrections come for reasons we never anticipate. tragedy in boston clearly nobody could happy. we'll deal with that on one level as time moves forward. but you know, that aside, if we put it aside for a second. it is, you know, it is the commodities. i mean the commodities, are they, are
lauren simonetti standing by at the new york stock exchange. >> liz, i pulled teddy wisering about on over. he has been on the floor quite some time and seen activities and events beyond our control affecting the market. how much of the day, lows on the session is fear what happened in boston? what do we do tomorrow? what will happen anyway? >> you just don't know, one thing about selloffs they come, and they don't ring a bell. we never have a crystal ball and we don't know the...
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dagen: lauren simonetti is on the floor of the new york stock exchange. >> the dow is higher.he s&p is higher. the nasdaq is in the red. apple and google under pressure. we are just following the russell 2000, following the 2000 seeing this is a market that may be overbought at this point. the dollar to the upside. but again down today. we have commodities under pressure. gold down three days in a row. of course, gold, silver and copper, yesterdaa at their lowest level of the year. once again today. back to you. connell: the japanese want to keep printing yen like they are going out of style. the market does not seem to be worried. north korea. the latest, south korea saying the north has moved a missile with considerable range to its east coast. let's bring in mike baker, former cia officer. i think the market is not worried about it. it is what we watch on a day to day basis. should investors be concerned? how serious should we be taking this threat out of north korea? >> we need to take it very serious. there is a history, there is a pattern with north korea. this is not an
dagen: lauren simonetti is on the floor of the new york stock exchange. >> the dow is higher.he s&p is higher. the nasdaq is in the red. apple and google under pressure. we are just following the russell 2000, following the 2000 seeing this is a market that may be overbought at this point. the dollar to the upside. but again down today. we have commodities under pressure. gold down three days in a row. of course, gold, silver and copper, yesterdaa at their lowest level of the year....
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lauren sniment t simonetti has details.eople thought they would plummet but they did well. >> we were having a bad day when the bombings happened. we were down 256 points on monday. we gained back more than half of that on tuesday for a whole bunch of reasons much of it a relief rally but we had solid economic data. now we have to wonder what happens today. few are down today. we are going to have this roller-coaster ride. we have a lot of panic out there. we saw a spike in the index here in the marketplace. investors went back into treasury. >> it is seen as something safe. >> typical place. >> futures are down. we watched it this morning. roller-coaster ride. >> thank you so much lauren simonetti from the fox business news. >>> next on the rundown the damage from the boston bombing is not just physical. there is an emotional toll as well. dr. keith ablow has information on how you can deal with this tragedy. ♪ come on, nowadays lots of people go by themselves. no they don't. hey son. have fun tonight. ♪ ♪ back against the
lauren sniment t simonetti has details.eople thought they would plummet but they did well. >> we were having a bad day when the bombings happened. we were down 256 points on monday. we gained back more than half of that on tuesday for a whole bunch of reasons much of it a relief rally but we had solid economic data. now we have to wonder what happens today. few are down today. we are going to have this roller-coaster ride. we have a lot of panic out there. we saw a spike in the index here...
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joining us with more is lauren simonetti. >> help for home owners is coming.annie mae are offering that relief for under water home mortgag mortgages. ov oov . >>> it is time for your fox news health fix. and a roundup of today's top medical stories. good morning, anna. >> good morning, everybody at home. weight loss surgery may help shrink your waistline but may alter your genes as well. it improved the body's ability to burn fat and sugars properly. drink up. women with breast cancer who had a few alcoholic drinks each week were slightly less likely to die from their cancer, according to a new study. a team found those who drank 3 to 6 were 15% less likely to die from the december over 11 years after their initial diagnosis. however, researchers are saying regular drinking also raises a woman's risk of developing breast cancer in the first place. mexico city now wants restaurants to remove salt shakers from its tables. studies show mexicans are eating three times the recommended amount of salt. they are launching a campaign called less salt, more health. the
joining us with more is lauren simonetti. >> help for home owners is coming.annie mae are offering that relief for under water home mortgag mortgages. ov oov . >>> it is time for your fox news health fix. and a roundup of today's top medical stories. good morning, anna. >> good morning, everybody at home. weight loss surgery may help shrink your waistline but may alter your genes as well. it improved the body's ability to burn fat and sugars properly. drink up. women with...
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joining us is lauren simonetti. >> patients have major gripes about the doctors bedside manner. consumer reports says the pulse of the dissatisfaction on the groip owe meter. 6 complaints by 1-0. 1 you are not bothered at all 10 you are extremely bothered. unclear explanations 8.1 out of 10. long waits for test results and long waits in the exam room. we have all been there those are 7.9 and 7.6. delays in sharing test results they have them and don't call you. getting a quick appointment when you are sick. >> or over hearing someone else's conversation in the next room doctors talking too loudly waiting in the waiting room too long could be annoying. but if you have a great doctor it is worth it. >> i was recently in the emergency room 3 hours. nobody was having an emergency they were just sick and didn't have a doctor. >> the next topic is everyone knows southwest and jetblue the last two airlines where you don't have to pay for bags. i understand this might be changing. southwest might start charging us, because all of the other airlines do. we might see southwest make change
joining us is lauren simonetti. >> patients have major gripes about the doctors bedside manner. consumer reports says the pulse of the dissatisfaction on the groip owe meter. 6 complaints by 1-0. 1 you are not bothered at all 10 you are extremely bothered. unclear explanations 8.1 out of 10. long waits for test results and long waits in the exam room. we have all been there those are 7.9 and 7.6. delays in sharing test results they have them and don't call you. getting a quick appointment...
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lauren simonetti. though 14 record close for the year for the dowd yesterday.e soft. the commodities are getting beat up pretty good. trees don't grow in the sky. things don't last forever. clearly, stocks have pretty much been priced to perfection. that does not leave a lot of room for any disappointment at any level. we are getting a little back today, but i do not think it is the end of the world. dagen: they, too, are priced for perfection. probably not a lot of upside. what is good here? >> [ laughter ] >> what looks good is the same thing that has looks good for months. you continue to look at these big-cap companies with pristine balance sheet that are paying pristine dividends. it has been a great run. the first couple weeks of april have been terrific. things just do not last indefinitely. one day does not make a negative trend, but, you know, it is okay to have given a little bit back. if you are relatively positive and remain bullish for whatever reason, then you have to look at these pullbacks as more of a buying opportunity and a selling opportunit
lauren simonetti. though 14 record close for the year for the dowd yesterday.e soft. the commodities are getting beat up pretty good. trees don't grow in the sky. things don't last forever. clearly, stocks have pretty much been priced to perfection. that does not leave a lot of room for any disappointment at any level. we are getting a little back today, but i do not think it is the end of the world. dagen: they, too, are priced for perfection. probably not a lot of upside. what is good here?...
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lauren simonetti fox business network. thank you. >>> if you are handy and you need help finding a job cheryl casone is here with three companies hiring right now. it's gun verses a baseball bat how one store owner refused to back down even after an armed robber shot him. mine was earned in djibouti, africa, 2004. the battle of bataan, 1942. [ all ] fort benning, georgia, in 1999. [ male announcer ] usaa auto insurance is often handed down from generation to generation because it offers a superior level of protection and because usaa's commitment to serve the military, veterans, and their families is without equal. begin your legacy. get an auto-insurance quote. usaa. we know what it means to serve. to get our adt security system. and one really big reason -- the house next door. our neighbor's house was broken into. luckily, her family wasn't there, but what if this happened here? what if our girls were home? and since we can't monitor everything 24/7, we got someone who could. adt. [ male announcer ] while some companies
lauren simonetti fox business network. thank you. >>> if you are handy and you need help finding a job cheryl casone is here with three companies hiring right now. it's gun verses a baseball bat how one store owner refused to back down even after an armed robber shot him. mine was earned in djibouti, africa, 2004. the battle of bataan, 1942. [ all ] fort benning, georgia, in 1999. [ male announcer ] usaa auto insurance is often handed down from generation to generation because it...
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but, lauren simonetti down at new york stock exchange. you didn't help ibm. they had bad earnings. a real drag on the dow which is actually in the in the plus. despite the drag the down of dow, ibm, the dow is in the plus. >> it was their first profit miss since 2005 for ibm. not to mention it was their worst pest arge loss -- percentage loss since the flash crash for ibm. now ibm is negative for 2013. liz: dell shares in the last 20 minutes, a "wall street journal" is telling them that sources that carl icahn doesn't want to buy the company or blackstone. dell shares sliding. >> two
but, lauren simonetti down at new york stock exchange. you didn't help ibm. they had bad earnings. a real drag on the dow which is actually in the in the plus. despite the drag the down of dow, ibm, the dow is in the plus. >> it was their first profit miss since 2005 for ibm. not to mention it was their worst pest arge loss -- percentage loss since the flash crash for ibm. now ibm is negative for 2013. liz: dell shares in the last 20 minutes, a "wall street journal" is telling...
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lauren simonetti following every move of this with the very latest. lauren: let's just show you the items. take a look at these pictures, hotly contested items in the courtroom. one is from macy's made and designed by martha stuart, the other one at jcpenney for $12. the jcpenney one was the one being contested because macy's stood jcpenney's and macy's for breach of contract for designing that item. items like that jcpenney's pitcher being literally held in a warehouse. $100 million of items like this in legal limbo waiting on that decision today which we got home and go from the judge green leading jcpenney to sell these items on store shelves, and guess what, jcpenney's is getting these items just in time for mother's day. there will be no empty shelves in their whole department, that is where the former ceo really wanted to bulk up the business. you can find them everyday items, bedding, bath items designed by martha stuart. cannot have a reference to martha stuart and you can find the shop within a shop segments are not exclusive entertainment ite
lauren simonetti following every move of this with the very latest. lauren: let's just show you the items. take a look at these pictures, hotly contested items in the courtroom. one is from macy's made and designed by martha stuart, the other one at jcpenney for $12. the jcpenney one was the one being contested because macy's stood jcpenney's and macy's for breach of contract for designing that item. items like that jcpenney's pitcher being literally held in a warehouse. $100 million of items...
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lauren simonetti from the fox network. irs getting involved in it the social media. >> it is an expensive reason. if there is a red flag the irs are looking at your digital transactions and social media account. things considered private now being monitored in a quest to track down tax thieves. don't brag about cheating on tax return. >> anything you put on the internet is not private. even if you think it is because your page is pass word protected it's not private. >> airline quality. there's a survey out and we have the worst airlines the bottom 5. >> of the 14 ranked by purdue and wichita state university united dead last after the acquisition of continental trouble continues to getting the two operations merged. sky west and american all making the bottom of the list. here's who came out on top virgin america, jetblue and airtran round out the top 3. it looked at on timeance over booking and customer complaints. >> you know why jetblue is up there? you can watch fox news. we appreciate it as always. nice to see you ag
lauren simonetti from the fox network. irs getting involved in it the social media. >> it is an expensive reason. if there is a red flag the irs are looking at your digital transactions and social media account. things considered private now being monitored in a quest to track down tax thieves. don't brag about cheating on tax return. >> anything you put on the internet is not private. even if you think it is because your page is pass word protected it's not private. >>...
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lauren simonetti from the fox business network joins us now to explain. >> we have noted this trend before since the recession there has been a slight so social security disability insurance. disability payouts have swelled to nearly 9 million in march that represents more than 5 percent of the civilian work force. this is a problem was economic growth with the number of workers actually working. fewer workers means smaller tax revenues, et cetera. jp morgan estimates the costs .6 percent of national outlook for 95 billion a year. then you have food stamps and everything else. this is quite a strain on the government and what the government is looking at. >> good news for an american car company the ford focus apparently the best selling car didn in the world. best selling car selling more than a million f. you look at the list from rl pope toyota kau tame in at number 2 ford with the s series. number four wuling zhiguang it's essentially a van. and toyota camry coming in at number 5. most of the cars are smaller sedans. >> i was going to ask what making them higher more fuel efficiency sm
lauren simonetti from the fox business network joins us now to explain. >> we have noted this trend before since the recession there has been a slight so social security disability insurance. disability payouts have swelled to nearly 9 million in march that represents more than 5 percent of the civilian work force. this is a problem was economic growth with the number of workers actually working. fewer workers means smaller tax revenues, et cetera. jp morgan estimates the costs .6 percent...
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lauren simonetti joins us with those details. >> the justice department suing lance armstrong for an estimated $40 million that the u.s. postal service spent to sponsor him from 98 to 2004. that's when he went on to win 6 of his 7 tour defrance titles. the government wants to recover three times that amount. the use of drugs is indeed a preach of contract and he was unjustly enriched. his attorneys calling this opportunistic and insincere. >> unjust lyenriched. >> police would consider it unjust. employers asked for your facebook pass word. >> at one point you might have been require to do give them to your future boss. last week they passed the cyber sharing and protection act. it will help the government react to cyber security threats by making it easier to share information to private companies. according to critics it would force companies to give up user's private information like their social media pass word. in one pro fission it would have made it illegal for companies to ask for prospective job hires pass words. as a result handing over facebook and twitter pass words to yo
lauren simonetti joins us with those details. >> the justice department suing lance armstrong for an estimated $40 million that the u.s. postal service spent to sponsor him from 98 to 2004. that's when he went on to win 6 of his 7 tour defrance titles. the government wants to recover three times that amount. the use of drugs is indeed a preach of contract and he was unjustly enriched. his attorneys calling this opportunistic and insincere. >> unjust lyenriched. >> police would...
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Apr 5, 2013
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lauren simonetti from the fox business network joins us with those details. happy friday. >> happy friday to you too. on this note, very disturbing trend. a record 8.85 million americans were on disability in march. that's according to the social security administration. it was the 194th straight month the number of american workers collecting the federal checks increased. it has been increasing since 1997. it means one person collects disability for every 13 that work full time. figure out the math, there is about 116 million americans working full time. on a day like today when we get the government's jobs report you've got to pay attention to a key data point in that report. the labor participation rate. the surgeon's disability payouts usually correlate with a drop in the labor participation rate. as the number of unemployed americans fall, the number receiving federal disability rises and the thinking is in some cases it's easier to go on disability than it is to try to get a job. >> just one city as an example: chicago, three times as many people are on
lauren simonetti from the fox business network joins us with those details. happy friday. >> happy friday to you too. on this note, very disturbing trend. a record 8.85 million americans were on disability in march. that's according to the social security administration. it was the 194th straight month the number of american workers collecting the federal checks increased. it has been increasing since 1997. it means one person collects disability for every 13 that work full time. figure...
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Apr 15, 2013
04/13
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lauren simonetti joins us from the fox business network to let us know what we can get for free. >> free food bringing us back to our college days. >> tax day brings out all sorts of emotions. good day for marketers to embrace it and play hero with acts of kindness that run the gamut from plain old weird to delicious. >> they are giving away free potato cakes. boston market are selling a two-fer on the meals. select free printing and shredding at office depot. my favorite is the hydro ma massage. >> you like the massage i like the curly fridaes. >> to something free to something that people are taking that doesn't be long to them. identity theft is a problem. >> everyone should prepare to be a victim of identity theft. it will surpass normal robbery as the leading type of property theft. our credit card data is out there. millions of numbers are for sale every day some for as low as $10. identity thieves learned it is more lucrative to pass through a business so they can steal multiple numbers at once. this usually comes at a cost to the business that is usually passed on to you. they ha
lauren simonetti joins us from the fox business network to let us know what we can get for free. >> free food bringing us back to our college days. >> tax day brings out all sorts of emotions. good day for marketers to embrace it and play hero with acts of kindness that run the gamut from plain old weird to delicious. >> they are giving away free potato cakes. boston market are selling a two-fer on the meals. select free printing and shredding at office depot. my favorite is...
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Apr 26, 2013
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joining us from the fox business network is lauren simonetti. >> long the fed keeps boosting the stimulus rates go down. 2.61 percent according to freddie mac. that gives many homeowners reason to refinance. many would be home buyers reason to get off the side lines and jump into the housing market. record low mortgage rates are fuelling the housing we have been seeing. new home sales are up 18 percent over the past year. builders are adding inventory breaking ground on new homes in the at the fastest pooifrs five years. it is just above the record level. >> it is just amazing if you can get the financing. >> if you can get approved it works out. >> but prices are starting to go up. there are different dynamics in the housing market. everything is low. >> very slow but housing prices going up. >> amazon, it started out selling books then you could buy pocket books, you could buy housing products. then the kindle. now they are expanding again? >> from tablets essentially to televisions. amazon streaming live content from amazon two-year television. amazon is looking to debut this service l
joining us from the fox business network is lauren simonetti. >> long the fed keeps boosting the stimulus rates go down. 2.61 percent according to freddie mac. that gives many homeowners reason to refinance. many would be home buyers reason to get off the side lines and jump into the housing market. record low mortgage rates are fuelling the housing we have been seeing. new home sales are up 18 percent over the past year. builders are adding inventory breaking ground on new homes in the...
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Apr 30, 2013
04/13
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lauren simonetti from the fox business network is going to explain. unemployment is high so i don't understand this. how is it that employers are providing this benefit to attract people? >> they realize the reality is the workplace is changing. companies are fostering creativity as a way to stand out. more and more companies are bringing on the perks talking huge perks like snow maker burton closes the doors and tells workers to hit the slopes if it snows more than 2 feet in 2 hours. health insurance comparison web site they give you unlimited vacation days so does the investment firm morning star. they offer paid sabbatical to workers who work there for more than 3 years. they want to reward hard work. we work from home the day is blurred between the private and your work life as well. >> employers are starting to recognize that and adjust. >> this is an interesting one. according to a new study 1 in 5 college grads are way too casual in job interviews. they are texting in job interviews? >> taking phone calls dressing inappropriately using slang la
lauren simonetti from the fox business network is going to explain. unemployment is high so i don't understand this. how is it that employers are providing this benefit to attract people? >> they realize the reality is the workplace is changing. companies are fostering creativity as a way to stand out. more and more companies are bringing on the perks talking huge perks like snow maker burton closes the doors and tells workers to hit the slopes if it snows more than 2 feet in 2 hours....
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Apr 3, 2013
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lauren simonetti joins us in the fox business network. >> very interesting. job applicants may soon be competing not only with college grads but maybe even young people who have spent time in juvenile detention. the labor department is giving $26 million in grants to help young people ages 16 to 24 who have a juvenile arrest. it's called the face-forward program and the grants will sport job training and -- support job training and education to help them overcome that stigma of having a record and therefore it could improve their job prospects. it is not clear which types of jobs and industries the group will provide training for, but it is clear that the labor department believes in second chances and helping young people reenter society. >> i understand that, helping them get rehabilitated but i'm sure it is causing a lot of controversy. >> essentially yeah. >> a lot of people are doing good things and they are not getting millions of dollars to find jobs. >> essentially the labor department feels this group is so young let's not ruin their chances of a bet
lauren simonetti joins us in the fox business network. >> very interesting. job applicants may soon be competing not only with college grads but maybe even young people who have spent time in juvenile detention. the labor department is giving $26 million in grants to help young people ages 16 to 24 who have a juvenile arrest. it's called the face-forward program and the grants will sport job training and -- support job training and education to help them overcome that stigma of having a...
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Apr 16, 2013
04/13
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lauren simonetti is live in newv york with the business feed.morning to you, lauren.u, >> good morning. >> we understand that you werers on the floor of the new tayorkyr stock exchange when thisthis explosion happened. tell us what it was like there? >> you know, we were in a market that was hugely run up over the past several weeks so we had a a major sell-off all day yesterdae even before the boston bombingsn which came down at 3:00 p.m. is. when traders started talking tak about it.about we saw the major averages, ifers we're looking at the dow 100 and change but on this news, more than 200 points. that final hour was so chaotic. it was the worst day of the yeaa for the two major averages. traders were nervous not only because the market was over sold, but also because the vic index it's a major that gauges you on scared investors are, ar, that spiked by nearly 40%.ly at the same time. investors flood into treasuriesa which are considered safe. sa now the big question thisesti morning is, what do stocks do today? well, world markets are down
lauren simonetti is live in newv york with the business feed.morning to you, lauren.u, >> good morning. >> we understand that you werers on the floor of the new tayorkyr stock exchange when thisthis explosion happened. tell us what it was like there? >> you know, we were in a market that was hugely run up over the past several weeks so we had a a major sell-off all day yesterdae even before the boston bombingsn which came down at 3:00 p.m. is. when traders started talking tak...
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Apr 19, 2013
04/13
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let's go back to lauren simonetti on the floor of the new york stock exchange with chipolte news. >> liz. several companies raised their price target on chipolte, several brokerages. this is phenomenal gain, up 11 1/2%. $366. this is when deutsche bank was getting out. so was raymond james. the analyst basically saying, you have this double-edged sword of raising prices right? you need to raise prices because there is food inflation out there. you risk actually turning away customers because the menu got more expensive. both deutsch and raymond james maybe chipolte will not be so fast to raise those prices because commodity costs are easing and stablizing a little bit. the analyst at deutsche bank said considering this macro environment chipolte might not want to do that so quickly. there is so much competition in share of your stomach pace, right with burger king, panera, and mcdonald's. they are all doing restaurant innovations and menu changes appeal to customers who are watching their every penny. back to you. david: thanks, lauren. have a good weekend. liz: the burrito bowl is p
let's go back to lauren simonetti on the floor of the new york stock exchange with chipolte news. >> liz. several companies raised their price target on chipolte, several brokerages. this is phenomenal gain, up 11 1/2%. $366. this is when deutsche bank was getting out. so was raymond james. the analyst basically saying, you have this double-edged sword of raising prices right? you need to raise prices because there is food inflation out there. you risk actually turning away customers...
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let's head back to lauren simonetti on the floor of the new york stock exchange.ot that story. >> monster beverage putting in a great performance today, liz, up 4%. the fourth best performer in the s&p 500. recent news that ubs not only added monster beverage to their top picks for this current quarter but they also believe that monster has 25% upside potential. so here you have a very positive and bullish analyst comment coming out on the stock and it is moving. giving it a $69 price tar get. monster closed up $2. back to you. liz: thank you, lauren. ashley: earlier today, this is getting a lot of attention and rightly so. south korea said the north move ad missile with considerable range to its east coast. this hours after north korea's army warn ad nuclear attack against the u.s. had been approved. liz: this was a shock. we heard it but it was sort of weird and everybody is wondering is this a real threat of war or just a war of words? george friedman is the founder and chairman of stratfor. he looks at all these things. george, as you heard what happened yeste
let's head back to lauren simonetti on the floor of the new york stock exchange.ot that story. >> monster beverage putting in a great performance today, liz, up 4%. the fourth best performer in the s&p 500. recent news that ubs not only added monster beverage to their top picks for this current quarter but they also believe that monster has 25% upside potential. so here you have a very positive and bullish analyst comment coming out on the stock and it is moving. giving it a $69 price...
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Apr 15, 2013
04/13
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lauren simonetti joins us from the floor of the new york stock exchange, and i was pointing out to viewers earlier on, we were down a lot today anyway on fears of china and across the globe. dare i say at around 2:357, 2:58 when word of these attacks first hit wall street, wall street got hit, didn't it? >> and it got hit hard. look, we're always telling you that last hour of trading is is chaotic, but today it was chaotic for other reasons. the market was down all day. as much as i'd say about 204 points before this tragedy occurred. when the tragedy occurred, we were coming off of our lows of the session, we're covering a little bit, and then we took a huge spike down. a trader pulled me aside and said, lauren, look at these headlines, and we knew that something was happening. going lower and lower and essentially, neil, down 266 points for the dow closing at the lows of the session. we also saw two other things happen that make traders really nervous, and i asked them, do you think this is terrorism? what is going to happen tomorrow? and essentially, they all agreed on a couple of thing
lauren simonetti joins us from the floor of the new york stock exchange, and i was pointing out to viewers earlier on, we were down a lot today anyway on fears of china and across the globe. dare i say at around 2:357, 2:58 when word of these attacks first hit wall street, wall street got hit, didn't it? >> and it got hit hard. look, we're always telling you that last hour of trading is is chaotic, but today it was chaotic for other reasons. the market was down all day. as much as i'd say...
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Apr 22, 2013
04/13
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lauren simonetti has all of this for us this morning. >> yesterday was the first official day air traffic of government spending cuts and already some slow downs are being felt at the nation's airport. as of late last night they were notice at new york area airports and going into lax. relatively good weather and light traffic helped to minimize disruptions. delays are expected to increase today if you are traveling somewhere. it is a busier travel day it's monday. 47,000 faa employees will get furloughed as a result of budget cuts. they will lose one day of work every other week. the pilot's union due to the faa will staffect so many people. >> out of those 15,000 were air traffic controllers. perhaps it's a better idea to perhaps maybe drive somewhere because gas prices are going down. >> this is the time of year when they are supposed to go up. let's enjoy it while it lasts. gas prices could fall almost $0.20 by memorial day. it would go down to $3.30 a gallon. inventories are high we have a lot of supply. and the economy is slowing down. consumption is the lowest since 1997. this morn
lauren simonetti has all of this for us this morning. >> yesterday was the first official day air traffic of government spending cuts and already some slow downs are being felt at the nation's airport. as of late last night they were notice at new york area airports and going into lax. relatively good weather and light traffic helped to minimize disruptions. delays are expected to increase today if you are traveling somewhere. it is a busier travel day it's monday. 47,000 faa employees...
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Apr 3, 2013
04/13
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lauren simonetti here with more houston this.e fine print t says don't cheat 'cause we're going to weigh you when you get here. >> yeah. we're going to check you for sure. samoa air is giving passenger has reason to go on a diet. you pay for what you weigh. this is what the web site says. you are the master of your air fare. you decide how much or little your ticket will cost. no more exorbitant fees. your weight plus baggage item social security what you pay for. simple. is it really simple or controversial, right? critics say a pay by the pound system would never work here in the united states for publicity as well as practicallyity reasons. but samoa's ceo says his method is the fairest way to fly and it's the future for other airlines. this is how the weight system works. travelers enter their estimated weight and bags weight on a calculator on the web site, then they are weighed at the airport. they will give you leeway if you're within 2%. they say paying by weight is better than flat fares. kids tickets would be cheaper an
lauren simonetti here with more houston this.e fine print t says don't cheat 'cause we're going to weigh you when you get here. >> yeah. we're going to check you for sure. samoa air is giving passenger has reason to go on a diet. you pay for what you weigh. this is what the web site says. you are the master of your air fare. you decide how much or little your ticket will cost. no more exorbitant fees. your weight plus baggage item social security what you pay for. simple. is it really...