the head to liz claman in her third day in the valley. liz: what could be bigger than madden football, those are all names and titles of electronic arts. and chief operating officer who started years ago, look at you, you have gaming in your blood and the question is the shift to mobile and online gaming. there are some crosscurrents going on and we see lower sales of games and consuls. what are you doing to fight that war turnaround tied? >> things move to mobile pretty quickly but consul's we are eagerly awaiting news about the next generation so the demise of consuls is damage we're shifting away from social network but the boom in mobile, it is huge. the announcement from apple this week is a big boost as well. what do you know? you follow the company for a number of years. making sure whenever possible we have experience. liz: when you say mobile and talk about tablets and android, what happens to the box out there when you walk into a game stop for retailers and purchase the box, does that go away? do you have meetings at high levels

ashley: okay, thank you very much, we now head back to liz claman where she is joined by the former ambassadoro iraq. liz: yes, and he is very important. as we sit here at the summit, speaking unsent speaking about helpless public partnerships where business with the government and that is what we need is someone who has had extensive experience and of course, the u.s. ambassador to the united nations. he is in this general assembly right now. thank you for joining us in a fox business exclusive. you just got back from the northern region of iraq, looking for business opportunities. what did you find? >> it is stunning. i couldn't believe my eyes. twice a day in the airport, we haven't had a major terrorist incident in five years for the economy growing at 10 or 12% per year. just incredible opportunities out there. liz: the terrorist attacks in lower iraq and tell me why a business person shouldn't be careful to go in there and rebuild the nation? >> i think that people have to see it to believe it. it is driven by oil production on one hand. a very determined group of people who want their c

back to san francisco with liz claman live at the developers conference. what do you have coming up? liz: i'm here at intel's developer conference, we will hear about gestures. you can see up on the screen, make it into a fist and it will actually click into whatever you want to do. intel started, as you know, david, as a startup back in the 60s, and that is what we like to focus on. coming up, get around basically you can rent your car and make money not doing anything in the garage were taking extended vacation, you can make a lot of money on this. back to you. david: i like how this life imitating art. like avatar. making things more discreet. before we go back to san fran, we tell you what drove the market with the data download. stocks ending slightly higher. new multi-year intraday highs before they pulled back ahead of the clothes. the euro rising from intraday high. after a german court confirmed the bailout plan. u.s. treasury prices fell lifting yields three-way ties. giving us his top three plays, his last call on the show up almost 50%, wait unt

liz claman joining us from three days in the valley. liz: we are here inside the lab of hewlett-packard in a fox business exclusive and i want to bring you into this particular lab and you can see when they are doing their research to make sure the pc equipment isn't that you put on the gloves and stick it in and work on any kind of innovation but that is a perfect question. how will slowing pc demand affect the equipmentmaker? the number one chip equipmentmaker ceo, great to see you. it already affected your current quarter numbers. the current quarter outlook disappointed some analysts. will you make your numbers? >> talking about our quarter, we made a projection that we believe in and we believe in it today and what is really happening in our business right now is we are being more affected by consumer spending than driven back when they need equipment to make these chips that go into some any mobility products we are seeing. cheryl: they're spending a lot on ipads but not on things that they are waiting for windows 8 but what specif

good morning everybody, i am liz claman. we are here for three days in the valley, but we will be getting reaction from the ceo in a fox business exclusive to the fed decision and what it means for a business leader. let's get right to the traders. what a day it has been. let's get to john. as soon as that news came out, whether you agree with the fed, what did you make of this reaction which began to seriously gyrate on the upside on almost every level of the market? >> we have a lot of volatility on our market today. we have seen the way the market has traded up into this date thinking that everything has been priced and already. obviously, it has not been. we saw a straight up dick in the market this ketchup we have seen for a long time. they keep getting it back. if the fed did not move now, there really probably was not another opportunity for them to make another move. let's see how this market reacts afterwards. we have economic data coming out tomorrow. let's just hope this is not a knee-jerk reaction. when you have

liz claman focus on the internet radio company. today in a fox business exclusive live with the cofounder of pandora publicly traded $1 billion company. they have more competition these days, don't they? >> your idea from years ago is validated when apple may be wanting to copy you. let's go to the founder and now chief strategy officer at pandora. the discussion that apple may get an internet business treat. >> radio is going from a transition from broadcast and personalized internet radio. as a company, we have learned we don't get distracted by that, we doubled on what we have been doing with a focus. >> sent the news down because when you got to 54 million active users, 400 million itunes accounts, and what kind of threat would that be if itunes, apple, say wait a minute, look at what we're doing. >> apple has been a huge partner for us. our growth has kept accelerating. for us to look at these things and say we have to keep doing what we are doing. were the best in the world at that and we'll keep on going better and better. >

liz: i am liz claman. last hour of trading. there's some real action in a couple minutes. count down to the closing bell begins now. let's get you up to speed. of three major indices are in the red with the s&p falling after philadelphia fed president's comments on fox business that q e 3, quantitative easing will not help to boost jobs or lower the unemployment rate. fox business makes business. peter barnes has the exclusive interview. we have much more coming up. let's look at the dow jones industrials losing steam coming down. earlier today we were up 61 points. a few seconds before we came out of the commercial break we were down 45 points at lows of the session falling further down 50 points. we have caterpillar as the biggest drag shaving 25 points off of the dow after it cut 2015 revenue forecast same 2015 is far out but that is one commodity producers or the guys to indicate what they are ordering and cutting back on their orders so we are cutting back on hearings. shares of tesla motors getting slammed after the company lowered its revenue forecast due to slow ro

liz claman joins us now from the plaza hotel right here in new york city with more on the summit. create real solutions. that is the focus here at the plaza hotel at the concorde via summit. we have a designer talking about how private partnership has helped rebuild a big fashion of hers. they are all waiting. i've ran a panel here talking specifically about eight used private partnership successfully. -- we will be talking specifically about how the businesses and the government create infrastructure. that is a big topic. needless to say, and just the past couple of hours, spain has come out with a budget and it was just 24 hours ago that there was massive writing. right now people are picking through the plans of this budget. governments all around the world find themselves facing huge deficits and they do not have enough tax revenue coming in. at the same time, they are trying to put together austerity plans. how would this nightmare sort itself out? coming up, as i said, at 2:00 p.m., the former president of poland. he turned down the euro as the currency. at 3:00 p.m. eastern

oracle's earnings release in 30 minutes time but now we continue count down to the closing bell with liz clamanz: let's get to nicole at the new york stock exchange. you have your eye on a couple things here. nicole: taking a look at consumer stocks. what is interesting is they are doing well on a day we have seen oil pulling back and people think maybe they have more cash and you see some names on the move and it is worth noting of 15 top performing stocks in the s&p 500 are consumer related. names we all know very well including what we talked about that makes lin jims, dollar tree and limited and o'reilly automotive. consumer stocks doing well. liz: i hope someone is spending money on you. it is your birthday. nicole: thanks. liz: happy birthday. it is a bad day for banks. ubs downgraded morgan stanley, citigroup and goldman sachs. wasn't the worst call in the world. they downgraded to neutral but bank of america is cutting 16,000 jobs according to the wall street journal. all of this on the heels of increased threats of cyberattacks and some getting inside the chink of the armor. getting in

we continue the count down to the closing bell with liz liz claman. liz: i love the s model.at at the telsa plant. let's talk about gambling. you can say they took a gamble trying to start a u.s. auto company, but this is a different jeff block, an electronic gaming company, annie coal at the new york stock exchange. i love the company, manufacturing, doing stuff here in the u.s.. >> they are, and i tell you, they are poised. look at the company, wms, the ticker single, a new game to be introduced at -- what do you call it? >> g2e, global gaming exposition. >> exclusively, you have a huge show coming up, because you have 100 plus new games coming out. >> we do. we have a lot of innovation, technology, taking years to produce, and we are answer, to get to the show next week. >> brad, come over here to show us this. this is the spiderman; right? >> right. we created a product that has not been seen. the chair moves like an arcade game. >>>> the chair moves with you? >> while you play, right. >> in addition to this, oh, what's that? spiderman. >> we're going to immerse the playe

i'm @ liz claman.ome back,ly tell you -- i will tell you which company's stock is up double digits after its cancer drug showed very promising results. you see us, at the start of the day. on the company phone list that's a few names longer. you see us bank on busier highways. on once empty fields. everyday you see all the ways all of us at us bank are helping grow our economy. lending more so companies and communities can expand, grow stronger and get back to work. everyday you see all of us serving you, around the country, around the corner. us bank. try the #1 gastroenterologist recommended probiotic. align. align naturally helps maintain digestive balance. ♪ ooh, baby, can i do for you today? ♪ try align today. ♪ ooh, baby, can i do for you today? ♪ [ female announcer ] some people like to pretend a flood could never happen to them. and that their homeowners insurance protects them. [ thunder crashes ] it doesn't. stop pretending. only flood insurance covers floods. ♪ visit floodsmart.gov/pretend t

follow me on twitter @liz claman.ack, the one stock investors are putting through the shredder today, stay tuned. ♪ before copd... i took my son fishing every year. we had a great spot, not easy to find, but worth it. but with copd making it hard to breathe, i thought those days might be over. so my doctor prescribed symbicort. it helps significantly improve my lung function starting within five minutes. symbicort doesn't replace a rescue inhaler for sudden symptoms. with symbicort, today i'm breathing better. and that means...fish on! symbicort is for copd including chronic bnchitis and emphysema. it should not be taken more than twice a day. symbirt may increase your risk of lung infections, osteoporosis, d some eye problems. tell your doctor if you have a heart condition or high blood pressure before taking it. with copd, i thought i'd miss our family tradition. now symbicort significantly improves my lung function, starting within 5 minutes. and that makes a difference in my breathing. today, we're ready for whate

and now we countdown to the closing bell with liz claman. and bill gates have a good time teasing each other. but buffett used to be 52 billion, gates was 56 billion. everybody has pared back just a bit. speaking of paring back, the euro versus the dollar, the euro has scaled back its gains but still at this level, $1.30 is getting more and more pricy to go visit europe. anybody in the euro zone there. but the dollar showing minor gains, some of this has to do with the fact that the bank of japan overnight did announce it would pull a central banker move. it's doing qe in its own form. it is doing large scale asset purchases to help its country. so at the moment you started to see currencies moving all over the place. in the wake of that the dollar is a slight beneficiary. now let's get to nicole petallides on the floor of the new york stock exchange. i guess i could call them watercooler stocks. nicole: i think it is fun to check in sometimes on some of the most popular stocks or stocks that people talk about or things they are familiar wit

says -- liz claman says tell me your secrets.u're looking to buy a stock, what are the two number one things -- that's good -- that you look for when purchasing a stock? >> well, in this particular model which is one of two or three that we run at davidson, we're looking for consistent dividend growth, annual dividend increases of at least ten years, we're looking for clean cash flow, clean balance sheets, and we love to see a story behind the company that strengthens the company's industrial position. basically, its competitive position. thus, that should insure those dividends keep increasing. we want to see those dividends increasing at least at the inflation rate, and these three companies that we mentioned each successfully did that through the '97-'98 period. might also mention, one of your guests earlier mentioned google, all three went up toño' highs tt were above their 2007 highs two years ago. so the market does recognize this kind of strategy. it's a -- liz: yeah. >> and let me just say it's a strategy that, basically,

the dow was up 72 points at 13,327 and liz claman is on her way to silicon valley for three days of interviewsh titans of the tech world. let's see how company stocks are doing. tomorrow liz will be at the intel developers conference speaking to everyone including paul otellini and the c e l of pandora. on wednesday a look inside hewlett-packard and talk to the ceo meg whitman. and on friday she is talking to the innovators of slip board along with decisionmakers from sony bloggers electronic arts and stand this. though the your stocks right now. the forget three days in the valley with liz claman does start tomorrow throughout the day. wants to let you know. global financial partners capital portfolio manager and managing director back with more investment ideas. we were talking in the break about a lot of people nervous about equities. there are stocks you like. >> look at natural gas plays. it will create a ton of jobs and one of the ways conservatively to play it is true in energy. gives you a yield of 7% and natural gas over the next five years has a small increase they will be at the for

i'm liz claman. welcome to countdown of the closing bell.f our three days in the valley coverage. we are live in the heart of silicon valley on a day when markets are looking strong once again. this just one day after we had the federal reserve announcing that it would add more quantitative easing into the system. we saw a huge jump yesterday. tacking on more gains today. after 200 points to the upside yesterday, dow jones industrials up 41 points. expecting the biggest weekly gain in several months by this fed-fuelled rally. but not so fortunate, the u.s. dollar erasing the gains for 2012. it slumped to a four month low against the euro today. that's a big number, $1.31. yesterday we were at $1.28, $1.29 buying a euro. it's expensive to go to paris now. oil a big story up at one point over $100 a barrel. but as you can see, easing back down. at the moment a very serious reason why. so let's get right to it. tensions in the middle east and of course the death toll as rioters clash with police in africa and elsewhere in the middle east. as yo

cheryl: liz claman find out how as three days in the valley continues.me of today's winners over on the nasdaq. ♪ [ male announcer ] let's say you need to take care of legal matters. wouldn't it be nice if there was an easier, less-expensive option than using a traditional lawyer? well, legalzoom came up with a better way. we took the best of the old and combined it with modern technology. together you get quality services on your terms, with total customer support. legalzoom documents have been accepted in all 50 states, and they're backed by a 100% satisfaction guarantee. so go to legalzoom.com today and see for yourself. it's law that just makes sense. that bringing you better technology helps make you a better investor. with our revolutionary e-trade 360 dashboard you see exactly where your money is and what it's doing live. our e-trade pro platform offers powerful functionality that's still so usable you'll actually use it. and our mobile apps are the ultimate in wherever whenever investing. no matter what kind of investor you are, you'll find the t

melissa: up next it is back to liz claman in the valley. got the ceo, all right, of audience, inc., the chipmaker had a huge rise thanks to the iphone and then a big fall. find out what the future holds for them coming up next. lori: let's check interest rates. interesting story. we're seeing a big pop in yield. look at move on the 10-year up to 1.86%. investors thinking that ben's move, that aggressive open-ended bond buying program announced yesterday will gin up the economy. there is the 30-year up also above a three handle now. we're back with more after this. >> i'm cheryl casone with a fox business brief. euronext reached a settlement with the securities & exchange commission. this farc marks first time the sec brought charges against an exchange. they will fay a $5 million penalty and hire independent consultant to follow compliance systems. >>> production slipped 1.2% from july as factories produced fewer cars and other manufacturing goods. >>> shut down along the gulf of mexico because of hurricane isaac also took a toll. >> the ra

neil: that was liz claman, obviously. not wicked lizzie. >> this guy is the next guy.he's just not crazy like tesla ended up being. he really is the future. >> look at what richard cameron is doing. planetary resource. these guys are going to asterix in the next 10 years. that sounds a lot like john kennedy in what he is doing. neil: we are so grateful for weird things now. well, 1.25% growth, we know it should be five or six or 7% growth. we have gotten used to all this. i'm wondering whether it if that is driving us. the sense that mediocrity is what we have gotten you through. >> we have accepted a low bar and rear hand to mouth as far as government from month to month. in every aspect from top to bottom. we have been allowed to accept that we have no long-term plans to be one it jumped up. the fed can do it alone. you need some kind of fiscal policy to go with it and we just don't have that. >> what is it say about our society and our country where ben bernanke is our hero? where he is earning armstrong our leaders have failed us as far as fiscally and any type of

stuart: well said, liz claman. thank you very much. indeed. good luck there. iz. >> thanks. stuart: president obama and mitt romney and hillary clinton all speak about the events in libya. one last word on all of that coming up next. [ male announcer ] let's say you need to take care of legal matters. wouldn't it be nice if there was an easier, less-expensive option than using a traditional lawyer? well, legalzoom came up with a better way. we took the best of the old and combined it with modern technology. together you get quality services on your terms, with total customer support. legalzoom documents have been accepted in all 50 states, and they're backed by a 100% satisfaction guarantee. so go to legalzoom.com today and see for yourself. it's law that just makes sense. so go to legalzoom.com today and see for yourself. why they're always there to talk. i love you, james. don't you love me? i'm a robot. i know. i know you're a robot! but there's more in you than just circuits and wires! uhhh. (cries) a machine can't give you what a person can. that's why all

connell: fifth annual exclusive three days in the valley, liz claman with the company putting the siliconsilicon valley. >> dagen and connell, that would be intel. 1868 they started it all with their semiconductor equipment maker. the first time we followed intel through silicon valley and 5000 people will descend. how to move the chess pieces around throughout to win this game. fox business has the entire landscape covered completely with apple and robert gray down there. how intel has been about identifying the next thing of the future and building technology around it. what a title. what do you need to have on your resume to be the futures? >> you need a vision for the future and be able to build it. i look 10 to 15 years out and figure out what wil it will feel like to be human so we can build the chips and the devices people will love. >> what do you see? that is an extended way out, 10 to 15 years. >> as we continue to follow, soon we can turn anything into a computer. we can turn my shirt and a computer, that desk into a computer, anything into the computer so we don't have to ask

note liz: i am liz claman and this is count down to the closing bell. we are in the middle of a major rally here. the dow could close at rebels not seen in nearly five years. here's the number to beat, 13,279. here we are ten points from the last hour of trading and closing above that number would be the highest close since december of 2007. here is why stocks are rallying. more juice, more fuel from the european central bank bought more substance. european central bank, mario draghi said definitively we will implement the new bond buying program to bring down borrowing costs and stabilize worries of some countries like spain and italy. back home in the u.s. weekly jobless claims came out better than expected. this is the number you want to see come down at of the jobs report. 10% of stocks in the s&p 500 hitting 52 week highs. three of them, google, craft and disney. the nasdaq 100 hitting a 12 month intraday high. peak levels not seen since the internet boom in 1999-2000. the big winner in the index and breaking news over the past 15 minutes is amazon

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liz claman will take it right up through courier.s a money manager who says for the dow and s&p. the economic surprise indicator is the one to watch. she will explain what it is. countdown to the closing bell is next. [ heart beating, monitor beeping ] woman: what do you mean, homeowners insurance doesn't cover floods? [ heart rate increases ] man: a few inches of water caused all this? [ heart rate increases ] woman #2: but i don't even live near the water. what you don't know about flood insurance may shock you -- including the fact that a preferred risk policy starts as low as $129 a year. for an agent, call the number that appears on your screen. liz: good afternoon everybody i'm liz claman. it is the last hour of trading. countdown to the

i'm liz claman. it's the last hour of trading, bulls are running reversing the negative treen.ing bill beginning now on the fourth monday what is known as the worst month for stocks. the dow jones industrials again moving higher so we are bucking the trend seen for decades and decades where september goes down

liz claman standing by for countdown to the closing bell coming up next. a bank to get the things you want from a bank, like no-fee atms, all over the world. free checkwriting and mobile deposits. now depositing a check is as easy as taking a picture. free online bill payments. a highly acclaimed credit card with 2% cash back into your fidelity account. open a fidelity cash management account today and discover another reason serious investors are choosing fidelity. liz: good afternoon everybody. i'm liz claman. it is the last hour of trading. this is countdown to the the closing bell. a perfect time to start because guess what? the the s&p 500 has flipped around and turned positive in the last 45 minutes, led by countercyclical groups, things like telecom, consumer staples, healthcare and utilities. and this matters because the

liz: i am liz claman. last hour of trading. this is count down to the

liz claman is live at the concordia summit in new york with the man many credit the one responsible forurnaround. former president alvaro uribe. liz? liz: we're honored to have former colombian president alvaro uribe to talk about the things you put in place when you were president from 2000 to 2010. most vibrant economy down there what was it that you did if you could pick one or two things that has made colombia as strong as it is today? >> thank you, liz. what i called triangle of confidence. we were unique to create confidence within the domestic and community of investors and confidence for the foreign investors. and this triangle was made of security, investment promotion and social cohesion. at the same time, security and investment, and social cohesion are abundant. liz: very important. here are numbers if you really want to be blown away. when president uribe got into office about 2 billion in foreign investment. today that has grown exponentially to 17 billion. what is it about colombia that makes it attractive to foreign investments? >> besides what i call security, the fight

coming up, we'll tell you what that company is, but go ahead and tweet me at liz claman on twitter ifu know. we're coming back at you live from san fransisco. ♪ want to try to crack it? yeah, that's the way to do it! now we need a little bit more... a little bit more vanilla? this is great! [ male announcer ] at humana, we believe there's never been a better time to share your passions... because the results... are you having fun doing this? yeah. that's a very nice cake! [ male announcer ] well, you can't beat them. [ giggles ] ohh! you got something huh? whoa... [ male announcer ] humana understands the value of spending time together that's a lot of work getting that one in! let's go see the birdies. [ male announcer ] one on one, sharing what you know. let's do it grandpa. that's why humana agents will sit down with you, to listen and understand what's important to you. it's how we help you choose the right humana medicare plan for you. because when your medicare is taken care of, you can spend more time sharing your passions. wow. [ giggles ] [ male announcer ] with the people wh

liz claman will have exclusive interview with pandora founder tim westergan. also the cofounders of the social car sharing service get around will join liz. she is there wednesday through friday. huge day tomorrow and thursday. we'll see you then. melissa francis --. melissa: i'm melissa francis and here's what's money tonight. gone with the wind, the nation's biggest wind power group ex-peltz excelon in the ranks trashing wind subsidies. a ugly fight with tens of thousands of jobs hanging in the balance. we have details. engineering a jobs recovery. 600,000 manufacturing jobs waiting to be filled, many paying six figures but no one has the skills to do them. the ceo of the society manufacturing engineers is here with his bold plan to close the gap. >>> call it i-stimulus. apple is rumored to unveil the new iphone tomorrow. it may achieve what congress and the fed can't seem to do, which is kick-start the economy. we are crunching the numbers. even when they say it's not, it is always about money. melissa: all right the. take a look at the day's market headline

up next, and electric car as liz claman talks to those ceo.issa: let's check the dollar and how it is reacting against its major trading partners. we have a rally in the stock market. treasuries are selling off. lori: we will show you technical issues. still there. looking for a better place to put your cash? here's one you may not have thought of -- fidelity. now you don't have to go to a bank to get the things you want from a bank, like no-fee atms, all over the world. free checkwriting and mobile deposits. now depositing a check is as easy as taking a picture. free online bill payments. a highly acclaimed credit card with 2% cash back into your fidelity account. open a fidelity cash management account today and discover another reason serious investors are choosing fidelity. i've been fortunate to win on golf's biggest stages. but when joint pain and stiffness from psoriatic arthritis hit, even the smallest things became difficult. i finally understood what serious joint pain is like. i talked to my rheumatologist and he prescribed enbrel.

this is a woman who is no stranger to liz claman or you, david. joining us live to talk about not only her tenure in charge of the tel aviv stock exchange, but where they go in the future. thank you for joining us on fox business. very quickly, performance this year up 4%, but you were telling me you could have done better. >> well, i believe we could have done better in terms of the index going up and also in terms of volume. but on the other hand, when we look backward, we did great since the crisis in 2008, and we did great since we were promoted to developed market. so probably time to keep up, but going down be on the same level of those changes. >> reporter: i was reading a previous interview about a year ago in which the discussion was about partnering with other exchanges worldwide. is it more difficult foryou being in a neighborhood that does have hostile neighbors as well as business connections that right now may make it difficult to partner? is that something that's coming in the future? >> well, actually, it's not, there is no differe

follow me on twitter, i'm @ liz claman.hen we come back, i will tell you about one energy stock that's sinking so low, it's even bringing down the competition today. stay tuned. [ female announcer ] you want family dinner to be special. dad, we want pizza. you guys said tacos. [ female announcer ] it doesn't always work out that way. you know what? we're spending too much money on eating out anyway. honey, come look at this. [ female announcer ] my money map from wells fargo is a free online tool that helps you track your spending. so instead of having to deal with a tight budget, you could have a tighter family. ♪ wells fargo. together we'll go far. like in a special opsission? you'd spot movement, gather intelligence with minimal collateral damage. but rather than neutralizing enemies in their sleep, you'd be targeting stocks to trade. well, that's what trade architect's heat maps do. they make you a trading assassin. trade architect. td ameritrade's empowering web-based trading platform. trade commission-free for 60 days

liz claman is there. >> perfect set up. the people we will be profiling for you today.here in silicon valley. let's take you inside. you can see here, this is how they do it, stuart. the founders sit right here on tables and desks. they come up with ideas and their idea is working. they have jumped to 20 million. they are charging 25,000-$1 million add. people are starting partnerships with them. we have both cofounders today with us. we have sandisk, electronic arts, sony computer entertainment, all day long. this is what we talk about, creating jobs, stuart, right here in silicon valley. stuart: thank you. that average americans income is back to where it was back in 1995. the medium household income fell to $50,054. down for the last four straight years. it is 9% lower than it was in 1999. it seems to me that in these numbers, we are not including transfer payments from the government to the poor. if you do include those transfer payments, the poor are actually doing a little bit better than the middle-class which is is really doing badly. >> that is exactly right. a

we have the dow up in asset webster is overseas and thankfully liz claman will take you through withve from the dnc. countdown to the closing bell is next. ♪ forz(power!) andiamo! andiamo! (let's go! let's go!) avanti! avanti! (keep going! keep going!) hahaha...hahahaha! you know ronny, folks who save hundreds of dollars by switching to geico sure are happy. and how happy are they jimmy? happier than christopher columbus with speedboats. that's happy! get happy. get geico. fifteen minutes could save you fifteen percent or more. like in a special opsission? you'd spot movement, gather intelligence with minimal collateral damage. but rather than neutralizing enemies in their sleep, you'd be targeting stocks to trade. well, that's what trade architect's heat maps do. they make you a trading assassin. trade architect. td ameritrade's empowering web-based trading platform. trade commission-free for 60 days, and we'll throw in up to $600 when you open an account.

liz claman is at a company in palo alto, california, hewlett-packard. >> you know what, does it surprise you that historians picked as the birthplace of silicon valley attorney rushed in palo alto about 12 feet by 8 feet? that is where bill and dave founded hewlett-packard. it is now a national historic register place. we got inside. take a look. fascinating. back then in 1938 when they founded the company rig was $45 a month. forty-five bucks a month. that was then. this is now. we are live at hewlett-packard lamps. an exclusive, behind the scenes look all the long. it is the world's largest pc company. going through major transition. apple has destabilized about everybody in the pc world. cells are shrinking, but hewlett-packard with new management, we're going to turn this around and make products you want by designing improperly . a fox business exclusive, with hewlett-packard, chief of design. nice to have you. we have a whole bunch of products. we know you're very excited about them, but the big question is always been lately hewlett-packard just is a sexy. what you have to say abo

liz claman talks to the winkle lost when this and all the facebook fans investing in companies, talky at 3:00 eastern on countdown to the closing bell. dennis: apple touching a new all-time high after selling two million free orders. the i phone 5 in 24 hours. some experts say mao -- now is not the time to own and apple. sandra smith joins us with the latest. sandra: a couple stocks have entered the 700 club when it comes to technology stocks. google is one of them. this five year chart tells us what happened when they entered that club in 2007. who will reach the 700 mark but a year later dropped to $262 a share but to be sure that was at the peak of the financial crisis and rallied back but took several years before recently it went back to the 700 club just several days ago if not $716 a share. that being said priceline.com look at this for example, rose above the 700 level just in may, $7.16 a share looking at priceline. it is back below their. here you see this peak in may. it dropped to 642 and has not gone above 700. here is apple. the chart looks similar. we are sitting at $6

liz claman will take you through the last hour of trading.lvoss twins talking about the new social network investment. count down to the closing bell is next. don't go anywhere. nobel laureate in economics, and one of the most cited economists in the world. professor sargent, can you tell me what cd rates will be in two years? no. if he can't, no one can. that's why ally has a raise your rate cd. ally bank. your money needs an ally.

cheryl: i am cheryl casone in for liz claman. count down to the closing bell begins right now.below $90 today. first time since august third we have seen these prices. renewed worries of europe's debt troubles and slower economic growth will reduce demand. in greece and spain protesters filling streets a angry about spending cuts and tax hikes designed to help countries control their debt. in the united states consumer stocks laying the s&p 500 -- this hour we have fund manager brian. with consumer names he says are a buy right now. new home sales dipping slightly in the month of august but they are up 27%. home builders are falling on that news. taking shares of ethan allen with them and falling today. chairman and ceo is at the stock exchange. we're going to talk to him in a first on fox business interview during the hour. but right now it is time for our floor show. traders are standing by at the stock exchange and the nymex. one of those days when the market seems to be lacking direction. volume is low. what is on your radar? >> not so much direction. we are down on the s&p

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liz: good afternoon, everybody, i am liz claman.f trading, the most important hour of trading, this is "countdown to the closing bell." easy does it, oil dropping, gold dropping, european market and u.s. markets all evening. word is european central bank president will be unveiling a proposal that seems the unlimited purchases of government debt by the ecb whic