lauren simonetti, thank you so much. i bought a spiral notebook, $12. >> you have young kids. >> back in our day, 2 bucks. >>> thanks, lauren. the time right now 11 after the hour. still to come, are you about to take your daily morning vitamins? new research may have you think twice. >> using your tax dollars to do this move. the embattled irs may be getting more of your money. we'll tell youor about that. as we go to break, let's look at the gas prices. the new national average is $3.66. that's unchanged from yesterday. [ phil ] when you have joint pain and stiffness... accomplishing even little things can become major victories. i'm phil mickelson, pro golfer. accomplishing even little things when i was diagnosed with psoriatic arthritis, my rologist prescribed enbrel for my pain and stiffness, and to help stop joint damage. [ male announcer ] enbrel may lower your ability to fight infections. serious, sometimes fatal events including infections, tuberculosis, lymphoma, other cancers, nervous system and blood disorders

joining us from fox business network is lauren simonetti. good morning, lauren. >> good morning.they come in three and a half hours. the june jobs report expected to show 165,000 jobs were added and the unemployment rate fell to 7.5%. this is considered the most important piece of economic information all month. and with all the talk of the fed, interest rates and stimulus, this number absolutely critical. timing a huge problem here. the report comes sandwiched between a national holiday and summer weekend. many trader are on vacation. that means we can see an overreaction to the data whether good or bad. volume is going to be low. volatility can be very high. another story this morning, apple sued by boston university in a patent case seeking to halt iphone as well as ipad sales. this is a big one because the school is seeking to ban the tech giant from selling these devices claiming patent infringement. b.u. said one of its professors invented a semiconductor patent apple violated. >> start checking labels in your clothing. more are going to say made in the u.s.a. major retaile

interesting brands making the top list. >> lauren simonetti thank you very much. it is 11 minutes after the hour. we will tell you about this knife. it can instantly detect cancer. that's what some are saying. it is the latest technology that doctors say it will help in the fight against the disease. >> an intern causing jay carney to snap. >> you can editorialize all you want i have no doubt you will but that is a ridiculous statement. >> what did this intern ask that garnered that response about the zimmerman trial. >> the new national average $3.60. that's up $0.01 from yesterday. >> there's an intelligence knife they call it. it analyzes when doctors cut through tissue. a lot of doctors use these laser knives nowadays. it can instantly pick up a signal whether the tissue is cancerous or healthy. right now surgeons have to send the sish ue to a lab and wait for the results. i five is used in trials but it could soon be used in an operati operating room near you. hear what they asked about the george zimmerman verdict that caused carney to snap. >> is the presid

lauren simonetti is here to explain that one for us. >> what are all these fees. >> hi patti ann. hi heather. you look at it you think where did they come from? it's all taxes. local taxes, state taxes, federal government ones, school taxes even 911 systems all adding to your monthly wireless bill. that means a $60 cell phone bill on average winds up costing you 70 bucks a month. what else is costing more. gas prices. that is because the cost of oil shot up 11 bucks on big demand in the u.s. big tensions there in the mideast. a major drawdown in american oil supply. all of that putting oil the commodity at $106 a barrel. that's the heist level in more than a year. gas prices this morning they are heading up, too. national average 3.52 a gallon. gas prices may continue to rise a little bit. most experts agree not enough to change your summer vacation plans. target has a way to record the stoppers kicking off a youtube campaign featuring 5 reality stars they are spending four-days in a college dorm room with target merchandise. you can interact while clicking and buying target stuff

with more on that is lauren simonetti. >> pwe are putting a price tag n private phone calls. they are worth 5 million a year to the government. guess what? you the tax payer are footing that bill. they looked into the numbers given and verizon charges $775 for the first month of wire capping and 500 bucks each month after that. at&t $325 activation fee and 10 a month. e-mail cheaper estimated to be around $25. facebook says it doesn't charge at all. take a look at wall street. getting the bern neighboring key balance record high for the dow closing at 15,461. a new record high for the s&p 500 as well. nasdaq at the highest level in almost 13 years. the fed stimulus is here to stay even longer the money printing is going to continue. finally sprint customers get unlimited data for life for $80 month. they want to keep customers from fleeing to verizon and at&t. it follows takeover by a japanese company as well as the purchase of the network operator clear wire earlier this week. >> lauren simonetti from fox business. thanks lauren. it is friday planning a big weekend out with

joining us now for the fox business network is lauren simonetti. >> hi ainsley hi heather. all eyes on the fed today. later it releases minutes from the june meeting. ben bernanke gave a speech they want any hint about the size about the tarping of the stimulus. some investors are nervous they can't stand on its own. the largest debt collector hit with a record fine. the federal trade commission finding expert global solutions $3.2 million and charging it with harassing consumers. expert global ended subsidiaries trans world systems and alw sourcing called consumers at work late at night and weak hours of the morning. when asked to stop those actions are illegal. let's end on good news economically speaking parents selling out big money to send the kids to school. august retail sales will rise 4.3 percent. those numbers are smaller last year but the continued up trend shows improvement in the economy. i know it's too early to talk about christmas. experts say the back to school season sets the tone for the holiday. >> talk about christmas already. >> tropical storm shan tal

lauren simonetti is here with a look at the top three money matters stories. >> first up, ladies, more banks charging folks who bank on the go. another fee here. u.s. bank charging 50 cents for all mobile deposits. customers paying that for three years now. region financial, they have a few options. five bucks if you need your mobile deposit a sap. if you can wait two days half a buck. wells fargo, that fee for emergency bill pay. there you have it, more banks finding new ways to nickel and dime you. this could be just the start of it. >>> better news for drivers just in time for your 4th of july road trip. gas prices now $3.49 a gallon for regular unleaded nationwide. that dip below $3.50 happening this past week. for reference this is what you were paying last year, but experts say the drop just in time for the peak holiday and summer driving season this year, that's pretty unusual. >>> our top story this morning takes a look at which brands are considered the most patriotic. the branding research looked at 200 names and found levi strauss and walt disney tied for third place. hershe

. >> thanks so much lauren simonetti live from the business network. >>> the national security agencyreating new guidelines in light of nsa leaker edward snowden. the agency implementing a system requiring two system administrators to be present before any sensitive information can be moved. the organization is also looking to better monitor workers who have access to classified information. officials say the new policies will be part of a pilot test program before being implemented at other intelligence agencies. >> new overnight fresh concerns that the state department may be trying to silence the survivors of the benghazi terror attack. republican congressman frank wolf sending a letter to secretary of state john kerry. sources tell him many if not all of the survivors of the benghazi attack including state department ploy's and/or contractors have been asked or directed to sign additional nondisclosure agreement. kerry confirmed whether that is true and if so who has been asked and why. >> a federal grand jury indicts 6 columbian nationals for kidnapping and murder of drug enforce

hear a that and the other business news this morning is fox business network lauren simonetti. >> youcannot make this stuff up. government auditors say department of agriculture may obtain $36 million in aid to more than 6300 dead people. some got conservation aid crop insurance subsidies and disaster relief assistance when they died in 2008 to last year. they are questioning whether farm safety net programs are official. the new low cost iphones the ones with the rumored colored cases have a name after all. the iphone 5 c. fe photos of the white plastic case the c supposedly stands for color. some stands for chief. although according to several reports the new iphone wouldn't be cheap selling for $350 when it comes out this fall. or so we think. we call them pastry pirates or doughnut copy cats. doughnut meets croissants. they have been copied and shipped overseas. favorites in japan and singapore duplicating the pro nucronuts. have you waited in line or had someone wait in line for you. >> oh, yeah, they are delicious. not very healthy i don't think but they are good. now we have th

. >> time now to turn to lauren simonetti she has the top business news this morning. >> hi, good morning. nearly 12 million americans are unemployed looking for jobs that don't real licks cyst at least not yoet yet. the folks at mckenzie identified five areas we want to tell you about where the u.s. economy can grow and where millions of jobs can be created. number one is energy. the boom can create 1.7 million new jobs ore the next seven years then there's the bulking up of our investment and medical devices exporting those can create jobs by 2020. we can't over look big data and infrastructure and talent. educating and training americans in science and math can boost economic growth by $2 trillion by 2020. an old or broken cell phone more wireless carriers letting customers upgrade before the typical two-year wait is up. t mobile says you can upgrade every six months or twice a year. at&t says trade in your old phone every year. verizon will let them upgrade after 50 percent of their phone is paid for. robert downey jr. forbes list of heist paid 75 million earned in the past year. unli

lauren simonetti joins us liveus from new york with more on those stories and the check of theof e marketod morning, lauren., >>> hi, there, good morning. >> markets are ending up, what is behind the good news lately. >> it's a small gain after small gain, but a record close after record close. close. yesterday the dow up about 20 a points, the good news buildings i don't know we had a retail support, it was mediocre. in fact, it missed expectations. the food news is that americans bought more cars and more housee and items to fill their homes, but aside from that they're not buying too much else. innocence you see the up arrowss and they're continuing thisinuig morning. earning season continues as well. before today's bell we will hear from johnson & johnson, cocacoca cola so major brand also reporting. >>> something that is on the waw up, gas prices, they're expected to be high on the summer for the travel season but they're on thn rise again. >> 3.64ed is the national average which is what the national average is in the metro area where you are up $0.16 in the past week. if you filled

. >> lauren simonetti with your top business news of the morning. >> if you are filling up the gas tank this is what you are likely paying $3.64 up $0.16 from a week ago. relief isn't coming. experts say gas prices are actually going to shoot up another 5-15 cents before the end of the month. several culprits crude oil prices are over $6 a barrel. you have continued violence over in egypt. also peak hurricane season right around the corner. working more can certainly help with those high gas bills. turns out delaying retirement is good for your health. a study shows people who delay retirement have less chance of getting alzheimer's or dementia. every year you work you reduce your chances of getting dementia. >> store dozens of bricks and mortars tracking shoppers with video cameras and wi-fi signals. you might not like that surveillance but would you mind the 20 percent off shoe coupon sent to you after you spent 15 minutes in the shoe department. there could be good things that come out of the surveillance. >> i don't mind what they track what i buy in the store. >> it's not really bi

here with that and all of the other business news is lauren simonetti. >> i have good news after that dispinting unemployment. standard and poors say home prices 12.2 percent in may from last may marking the biggest annual increase in 6 years. huge price jumps are being seen in cities like dallas, denver, san van, vegas, phoenix and los angeles with annual price gains of around 20 percent. while prices are going up and going up fast scales are not staying up. those are crimping home ownership 17 and a half year low in the second quarter. more americans rent. they are having a tougher time finding a job than art majors it grad 17 percent unemployment larger than that of a drama degree. better news ahead the tech industry is hiring some 760,000 workers by the year 2020. the maker of turbo tax are giving one small business a free 30 second ad to next year's super bowl. that can fetch $4 million. interested companies they must have fewer than 50 workers. you have got to register at small business big game.com this could be your big chance. great advertising, right? small businesses don't

lauren simonetti from the fox business net work has details on what we can expect today. >> violence in egypt no doubt keeping wall street on edge. the damage to the big board yesterday a 43-point loss for the dow. but this as the price of crude oil heads north. this morning hitting $102 a barrel, and that is the highest level in more than a year, folks. egypt doesn't produce much oil, but it does control that vital suez canal. it moves some two million barrels of crude oil a day and the market fear is contagion in the region. another thing is the drop of supply. inventory fell much more than expected and the sad irony here is drivers were achieving gas prices under $3.50 a gallon. we can't expect that to last much longer. gas prices typically follow oil prices. more sticker shock for you, if that wasn't enough. at the car dealership the average price of a new car now topping $31,000 last month. the pricing site true car said up more than 2% from last year and it is the second highest price ever. car getting awfully expensive. we want to tell you about some deals for the 4th of july.

first the irs could be facing big budget cuts.g lauren simonetti with fox business network is live withox's business week. good morning, lauren.uren. >> hi, there sarah. >> the head of the irs wants to eliminate employee bonuses this year. i got to imagine that has to do with occurrences that have beena happening n we can call it the irs mess this time around. so many issues targeting tea party groups, the officials from the agency who did thatag targeting, theyen were rewarded bonuses. i suppose it makes sense thatsee the new chief at the federal tax collection agency says let's stop bonuses this year, for all employees, they have targetedy the top-level employees. the reason is not the quality of the work, but everything everyt surrounding the pr mess surrounding the rivmen irs. irs. it will keep the agencies toes avoid the two furlough days because the sequester, thehe budget cuts is expected to close july 22nd, and august 30th, with the budgetbudt cuts, they can prevent that prosecute happening n probably p good idea, given thepe pr messpr they are facing. probably a good idea. >> t

for the latest developments on this story and more news fox business network lauren simonetti joins us. >> another mistake by the irs this time the agency posting the social security numbers of what could be 100,000 americans on an irs data base for tax exempt political groups known as 527's. an irs spokesman says the agency was alerted and has removed web access to the information out of abundance of caution. the first incident caught by public resource d.orresource.or. hyundai recalling because air bags can inflate while the child is sitting there causing injury or some cases death. it is from may 22nd through november 23rd of last year. the supplier used different fabric inside the seat that can misread the sensors and inflate the passenger air bags at the same time. hyundai note fighting owners between now and september. >>> a way to beat the heat wave stop into the 711 on thursday july 11th for a free slurpe. what's different than years past is the slurps are bigger a lot bigger nearly double the size for that give away. 12 ounces. the reason is one of convenience so folks can fit

lauren simonetti. thanks. >>> the hidden danger in every home that parents need to know about. your tv could be a hazard to your child. >>> plus, the two years when you're the most happiest. results of a brand-new study, that's up next. >>> welcome back a fox news alert for you. you're looking live at st. mary's hospital where at any moment kate middleton could give birth to the royal baby. she went into labor overnight and arrived at the private wing with prince william by her side. so far all reports say things are progressing normally. crowds have started to gather outside the hospital anxiously awaiting word of the baby's birth. so, what is next and how will we learn about the new baby? william fitzwilliams joins us from london with more. >> it is a very, very exciting time. the anticipation, this is what we have been waiting for and in front of the hospital. >> what happens next? we now have this official announcement and she has gone into labor. what will be the next indication as to what's going on? >> next indication will be charmingly theatrical. no further announcemen

is lauren simonetti joining us? oil prices could be going up. the boston bombers. a pressure cooker. this morning their plot was foiled and a man and woman are under arrest in canada. police say they planned to use several pressure cookers to set off o explosions at canada, dade and victoria. the bombs were found hours before thousands of people showed up. the couple was inspired by al-qaeda. they did not get foreign help in plotting their potential attack. >>> brian dreams of becoming friends with alex baldwin might be totally squashed. >> brian: yes. >> how often do i come up with billy and steven and danny at all? not at all. >> you? at least once every 15 years. >> brian: yeah. thank you. >> gretchen: ouch. alec admitting he'd love to quit acting. he told vanity fair magazine is his dream is to be out of the public eye and off the red carpet and doing interviews with folks like baldwin. his wife is expecting their first child together. she's due sometime this summer. and those are your headlines. >> brian: who is going to tell the daughter t