i am here with fox business network anchor lori rothman. and he is so fierce he has been spotted offshore biting sharks. he is up very early, 4:30 i hear. in spain he is considered a lazy doesen, bill schulz. and if insightful commentary was a big gulp he would be between every trucker's knees. he said for in chief of the wound -- wonderful daily caller. and our new york times correspondent, see you pinch. >> they are rejecting corrective therapy when it comes to gender fluent children saying what is so bad about a boy in a dress? j edgar hoover asked me the same thing in 1932. i thought it was the beginning of a parlor game, but now it is not so sure. confirmed bachelor. >> i was going ask you where the intern was, but i think i will just leave it. >> no, leave it at that. >> she brought politics to the pom medical horse -- pomel horse. after winning gold on the floor exercise, my favorite exercise, aly-reisman talked about the palestinian radicals killed in munich. the jewish-american gymnast was going to do a routine to the jewish folk s

lori rothman with the news from the fox business network. where else are people hurting in a big way? >> it is staggering, shep. look at these numbers. when you break it down, montana people are spending 14.2% of their income at the gas pump. number two oklahoma 13.1%. in both north dakota and louisiana, people are pumping 12.7% of their paychecks into the gas tank. you have also got kentucky 11.3%. texas, just over 11% of people's income all going into the gas pump. nationwide gas prices up 30 cents in just the last five weeks. it's really unbelievable. we are threatening the 3.94 gasoline high hit back on april 5th. we are coming into labor day weekend. peek driving season. >> why is it happening, lori, stats to show. >> laundry list of why we see this quick and dirty run up if you will. first of all these problems with the refining and transportation issues in the midwest as well as the west coast. geo politics all you have to say is iran and syria. back here in the u.s., monetary policy when berne bench prince drives up. crude oil up 20%

now i will turn it over to lori rothman and a special guest. lori: we a

hurricane isaac which at this point is sitting right over the city of new orleans and other areas and lori rothman and nicole petallides will continue our coverage in that regard. lori: i have to tell you i am lowering the bar of expectations for the fed chief come jackson hole. the gdp -- revised upward this morning and the hurricane in full force. i am lori rothman. nicole: i am nicole petallides. nicole: hurricane isaac drenching louisiana as a slow-moving storm causing flooding and power outages and bringing most oil production in the golf. the flood production system holding up. we go live to new orleans in moments. we are going to look at the cost of the damage this form is causing. our people properly insured for big storms like this? is government aid available land the insurance company's going to take after all is said and done? >> taking center stage at the rnc, we will go live to tampa for the latest on that and a close look at what the debt could do to the economy and treasury yields which are rising today. better than expected economic news on the wholesale markets off. let's talk ab

i am here with fox business network anchor lori rothman.e is up very early, 4:30 i hear. in spain he is considered a lazy doesen, bill schulz. and if insightful commentary was a big gulp he would be between every trucker's knees. he said for in chief of the wound -- wonderful daily caller. and our new york times correspondent, see you pinch. >> they are rejecting corrective therapy when it comes to gender fluent children saying what is so bad about a boy in a dress? j edgar hoover asked me the same thing in 1932. i thought it was the beginning of a parlo game, but now it is not so sure. confirmed bachelor.

much more on that story coming up next with lori rothman and political analyst brian from the investment they're next. [ male announcer ] if you have to take care of legal matters. legalzoom has an easy and affordable option. you get quality services on your terms, with total customer support, backed by a 100% satisfaction guarantee. so go to legalzoom.com today and see for yourself. >> boy, have we got a crazy story across california. the acting mayor there has been criticizing the police union and now the union is accused of trying to set him up for a phony drunk driving arrest. someone tipped the local police last week, claiming that the mayor pro tem was driving drunk, cops went to his home and he passed the sobriety test. the tipster is identified as a former cop. the union is denying any responsibility. and brian, brian gardner, investment banker, welcome to the program. right off the bat. what do you think of that story? >> it has an air of desperation and it has the air of mafia-like tactics and i think it shows how down and dirty, if true, how down and dirty some of these fights

and lori rothman will join us. and rather when he joined me. think that the winner of the super bowl this year will be the new york jets. am i on the ball or what? >> stuart you absolutely know nothing about football. [laughter] [ male announcer ] if you have to take care of legal matters. legalzoom has an easy and affordable option. you get quality services on your terms, with total customer support, backed by a 100% satisfaction guarantee. so go to legalzoom.com today and see for yourself. >> you set that record when you sacked brett favre, as i recall. but in my personal opinion, breath took a tumble for you, didn't he? . [laughter] >> who ever is feeding you these notes, i'm going to beat them up. [laughter] michael, okay. and didn't really say that. the guy threatening to beat up the entire "varney & company" staff including myself is kelly ripa's new co-host, yes, fox nfl analyst michael strahan will reportedly be the replacement for regis philbin. it was suppose today come in september, but the news leaked out. >> it's interesting he's a

i'm lori rothman. ben bernanke saying the fed will provide more health of the economy does not improve. the economies far from satisfactory. what needs to be done to get the recovery moving into high gear? i will ask mitt romney's economic advisor glenn hubbard. he could be making some of the big decisions. and the dangers isaac left in its wake, we have a first-hand look at the costly aftermath and the cdc growing threat of west nile virus reported cases are up 40% in the last week, find out if isaac could make that number rise. if you pay the price of oil is high now, 35% of the world's seaborne oil went through the strait of hormuz last year, and mention of that was stopped. coming up, melissa francis is back showing us how they can keep it moving. an aircraft carrier helping with that dangerous job and will join us live from bahrain. stocks every 15 minutes, the floor of the new york stock exchange with lauren simonetti. traders reading between the lines and looking at what they heard. lauren: was

coming up, nicole petallides and lori rothman will see the energy of energy.uy right now? those outages and what is being done to restore power. cheryl: plus we will have no "cavuto" with a look ahead. keep it here on fox business. 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. ♪ i can do anything ♪ i can do anything today ♪ i cano anywhere ♪ i can go anywhere today ♪ la la lla la la la [ male announcer ] dow solutions help millions of people by helping to make gluten free bread that doesn't taste gluten free. together, the elements of science and the human element can solve anything solutionism. the new optimis dennis: this just in. a very harsh comment from cheryl, a right that i'd just fact checked it, it is the stupidest show on television. so you got that right. cheryl: thank you to our viewers for backing us up. i don't know where to go with this one, but still above 13

dennis: lori rothman speaking with the fed chief.ney-ryan white house to do to get our economy moving ahead. cheryl: more from melissa francis in bahrain and the strait of hormuz. keep it here on "markets now."

. ♪ >> i am lori rothman with your fox business brief.ose more than expected in july. the number of find contracts climbed 2.4%. pending home sales are at levels not seen since april 2010 when the home buyers tax credit was set to expire. despite lower interest rates -- application activity which includes both home purchases fell 4.3% from the previous week. zynga shares under pressure. this time by the companies chief creative officer. he is leaving the social gaming firm to start a new venture. that is the latest from the fox business network. giving you the power to prosper. ♪ 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

. >> but i watched lori rothman shrink into herself. >> a very talented rapper. >> that's true. i have had enough of this story. it is interesting we have a living embodiment of theen entitlement who is the spokesperson for obama. obama is saying, you are going places -- >> anyone that would vote for obama based on sandra fluk -- >> she is not going to win over any new voters for her cause or obama. >> no part was moved by her? >> no. >> not even how much she uses the birth control? >> from chicks to chick-fil-a. should she meet the self-righteous crap? the drive through lady was be rated on the video and and the perfectly pleasant rachel, she will only give her first name. quote, i appreciate he came forward, but interested in speaking with him. i want to see if he was sincere and let him know why i handled it the way i did and i did not take legal action. she also discussed the incident on your world with neil cavudo. >> i don't know if i am a hero. why i am a service worker doing my job. >> you are to a lot of us and i want to close with this. would you tell us what you would

. ♪ >> i am lori rothman with their fox business brief. the rally and wall street continues.ptimistic about euro zone leaders. right now the dow is up 15 points. oil prices also climbing on hopes for the euro zone and a weaker u.s. dollar trading today. crude trading at more than a percent higher on the u.s. mercantile exchange. more americans keeping up with their car payments. the rate of overdue auto loans in the second quarter was at its lowest level in more than ten years. the late payment is one that is at least 60 days overdue. the auto loan ~ quincy rate has also fallen. that is the latest from fox business network. giving you the power to prosper. ♪ 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 c

cheryl: lori rothman and melissa francis will have the latest on hurricane isaac. lori: it has been upgraded. isaac is officially a hurricane. nicole: the nation braces for isaac to hit land now as we said a category one hurricane. moments from now we will find out how much it has strengthened and where the storm is headed. we will take you live to the national hurricane center. lead to the latest on the storm. >> the sender is within less of 100 miles south southeast of the south eastern tip of louisiana. the northwestern fringes of the strongest band around the center are now over southeastern louisiana. gus over 70 miles per hour. you will see more of that kind of wind and heavier rain move onshore of alabama, mississippi and southeastern louisiana. conditions really are going downhill as the afternoon goes on. you can see on the satellite that in the southern part of the circulation and out to the east, there is perhaps a longer period of rain and wind that will occur. the north side has been a little thinner. when the south side comes to short it will really ra

lori: i am lori rothman. reversal on wall street.imbing off of the downward trend that kicked off the trading day and the week in general. the dow is up 70 points. shares plunging after the software company reported disappointing second quarter results and cut third quarter sales forecasts and announced plans to cut jobs grappling with the man in the u.s. and central europe. durable-goods rose 4.6% in july below expectations and marked the largest gain since september but a few x of the transportation and factory orders they fell 0.4% fallen well below the 1/2% gain forecast. durable-goods them meant to last three years along. that is the latest from the fox business network giving you the power to prosper. fidelity's etf market tracker shows you the big picture on how different asset classes are performing, and it lets you go in for a closer look at areas within a class or sector that may be bucking a larger trend. i'm stephen hett of fidelity investments. the etf market tracker is one more innovative reason serious investors are ch

i'm lori rothman. stocks are higher but slightly off the session highs. dow and s&p are up more than 2/3 of 1% but unfortunately on track to snap a six-week winning streak. ashley: not easy to say. keeping the mighty mississippi rolling. we'll hear from one barge company chief how the low water is affecting his business and what he says is the silver lining in the slowdown for american commerce. lori: plus a new york man laid off from his job opened fire outside the empire state building this morning. two people are dead including the gunman. several more are injured. we'll bring you latest as it develops. time for stocks now as we do every 15. lauren simonetti on the floor of the new york stock exchange. >> tgi friday, guys. session highs set to round out the week on a plus note but the week has been a down week. for the dow industrials we started the week at 13,275. that is where we closed out on friday. obviously lower now after gaining for six straight weeks. as for the s&p 500, we started the week at 1418. at one point today we up didded below that k

. >> i'm lori rothman with your fox business brief. down for a fourth day.utting index on track for the longest losing streak in three weeks. jobless claims unexpectedly rose. the total to 372,000. united airlines plan to increase the number of international flights. boeing's new 787 wants the plane delivered starting january. the airline will use the dreamliner to fly from japan and africa with extra flights being added at the end of march to china. now, united will be the first u.s. carrier to receive the new plane, which is expected to be delivered next month. the airline has 50 of them on order. and that's the latest from the fox business network. giving you the power to prosper. dagen: the tropical storm could turn into a hurricane later today as it continues to barrel toward florida. meteorologist janice dean joins us from the fox business weather center with the latest. janice, is it tracking away from florida at this point? >> the latest track has the track shifted a little bit more to the west, which is good news for tampa because they don't want a

lori: i'm lori rothman. gop presidential hopeful mitt romney is not budging on bernanke., exclusive interview romney wants a new chairman of the federal reserve if he becomes president. that is despite the advice of his economic advisor glenn hubbard who says bernanke deserves another chance. we'll have much more of our exclusive interview with governor romney just ahead. ashley: lots of interesting stuff to talk about there. so well, stocks posting some of the biggest losses of the week. the dow tumbling down 115 points at this moment. heading for its fourth down day. we're tracking the markets every move this hour. lori: stalled commerce on the mighty mississippi. dozens of ships are still stranded because of low water and drought conditions. with a live update from iowa ahead. stocks as we do every 15 minutes. down to the floor of the new york stock exchange with lauren simonetti. the dow is down 114 points. >> another down day. number four in a row. negative for the week indeed. we're continuing this downward trend. only one dow stock is higher, that is kraft. gaining

lori rothman. stocks under pressure we'll bring you the fed minutes and market reaction all hour. we'll see what they have to say an hint about. plus a new study claiming american doctors are burning out at a frightening rate. that is not good. what happens when the health care law goes into effect? fox news's dr. manny alvarez is weighing in on the that issue. lori: doctor shortage is one of the fallouts from the health care. we'll talk about that. >>> will they rise from here and with that we'll go to breaking news from the federal reserve. peter barnes has details from washington. peter? >> lori, the fomc seriously discussed more monetary easing back on july 31st and august 1st. let's go right to the minutes. quote. many members judged that additional monetary accommodation would likely be warranted fairly soon unless incoming information pointed to a substantial and sustainable strengthening in the pace of the economic recovery, end quote. they talked about doing that three ways. one more, quantity quantity. of course more bond purchases to push interest rates down even more.

. >> and i'm lori rothman with your fox business brief.mer confidence unexpectedly fell this month. hitting its lowest level since last year. despite several spikes, that remains below the level needed for a healthy economy, something it hasn't touched since the recession in december, 2007. the devastating drought. more good news for you. the plagued u.s. farm lands will likely cost more than 13 billion dollars in crop insurance loss according to the disaster model air worldwide and the total loss could climb to as much as 20 billion. it was the second strong quarter for bankers, further signs the economy is getting stronger, federal deposit insurance, earned 34.5 billion from april to june and a jump from the previous quarter. that's the latest on the fox business network, giving you the power to prosper. our abundant natural gas is already saving us money, producing cleaner electricity, putting us to work here in america and supporting wind and solar. though all energy development comes with some risk, we're committed to safely and respo