but others are spending strongly in the luxury sector. >> from high end luxury to household names like macy's, we've seen macy's and kohl's report better than expected for their quarters. what about the back to school season. >> the national federation is predicting a strong back to school. but we have to temper the optdimism with the fact that consumers are looking for value, promotions and sales. >> thank you for joining us. >> thank you, ruben. >> tom: while the nation's retailers focus on back to school sales, investors will be looking to see if changes at j.c. penney are making the grade. the embattled retailer reports quarterly results tomorrow, we'll see how its doing withwiia store", egla "shops within a store", similar to what you'd find at higher-end department stores. j.c. penney is expected to post a loss of $0.25 a share, that's down from a profit of $0.07 a share in the same period last year. >> susie: and now an update on housing, and issues facing homebuyers. a string of fresh reports today, gives a mixed picture on housing: mortgage delinquencies rose in the second qua

they tested luxury or near luxury models because they have the latest in safety technology. and only two models overall earned the highest rating of good. most of the other vehicles tested rated marginal or poor. in contrast all of the cars earned good ratings in older frontal tests. >> we call it a small overlap crash because it looks at what happens when just the front corner of the vehicle hits another vehicle or tree or object. and we looked at the real world data and this is a very important issue for frontal crash safety. >> volvo proved to have the safest car of all the luxury and near luxury vehicles tested. the volvo s60 and acura tl both got the highest rating of good. the infinity g was rated one step down at acceptable. four other cars earned poor ratings. the mercedes c class, the lexus, is 250, the audi a4 and the lexus es 350. >>> by wait, if you own a full size gm van, you need to take it back to your dealer for repairs. the fuel filter pipes can rust or leak and that can cause a fire. general motors is recalling more than 10,000 chevy express and gmc savanna

. >> people are not really in the market for luxury cars. when we talk luxury-car as, i don't think of ford. >> you and many others, but they did have some big luxury brands. >> that was back in the day. >> ford has big plans. in plans no surprise that it is going full throttle into the world's second-largest economy. china is now the no. 1 car market in the world. let me break that down. one car out of every four sold last year globally was sold in china. for that reason, has announced today it is re-launch in its iconic a luxury lincoln. >> that was before my time. >> the lincoln brand will tap into china's wealthy buyers. the luxury market for cars in china is the second fastest growing segment in terms of car sales. so that's good news. they are also wanted a low-cost model for consumers. all this is to try to play catch-up. its lagging well behind general motors and volkswagen. it's all of this a little too late? >> you been here 10 years. the opportunity for us is to bring a full portfolio of products to the market and showcase all of

we're talking about a luxury homes priced at $1.5 million and above. sales in july for those homes, 152 homes sold last year and last year there was only 80 of the luxury properties sold. >> there's a combination of variables, one being the local economic engine is so strong here, and in the technology sector. no. 2 is affordability, interest rates are the lowest they have been ever, combined with the fact there is a slow resurgence in consumer confidence. a >> the median price for a luxury properties in santa clara county is 1.9 $5 million and it is probably inching up even as we speak. the most expensive homes sold last month was an 8000 square foot home that sold been the town of los altos, the price for that, $14.8 million. somewhere out there someone was living on a street of dreams but it was not me. >> please don't tell me they pay cash. >> i was going to add that because a lot of these are all cash purchases, they're selling stocks and look at what is going on with the apple stock, you can bet that luxury homes and luxury cars are all going up

cars and near luxury cars had acceptable ratings.what happened to the lexus i s250. >> the alexas is was one of the worst performers. the front pillar pushed towards the driver. the front wheel pushed into the occupytant compartment and the foot well collapsed trapping the feet. >> the is and ds were among the worst performers. with this new test, the institute has raised the bar again and we will respond to this challenge as we design more evacuation. the mercedes c class and audi 4 received pore marks while tsx and lincoln and volkswagen cc received marginal scores. they said the key to good scores is a safety cage that protects everyone regardless of the impact zone. >> strengthen the safety cage and improve restraint systems. >> audi say they're work dog improve their cars to get better scores. mercedes says it disagrees with the test design and believes strongly in then c class and accura says it will work to improve its cars. >> good question. will this test be used across the board for all cars not just luxury end? >> i think

and it's not just luxury clothes and shoes. imports range from perfume to luxury car parts to circuit boards destined for nasa. here at the long beach sea port, 14,000 containers come through every day. that's a shipment every seven seconds. >> with the volume of freight that we get here in los angeles, i believe that the smuggler is pretty sure if they send 20 containers, that a few of them are going to go through. >> reporter: so, it's nearly impossible to catch it all. that's where chris buckner comes in. not a cop, but a private investigator. the middleman between the police and the brands themselves. >> anything that the cops don't investigate, we're really doing here at our company for those brand owners we represent. >> it could be real. i just need to take a better look at it. >> reporter: we're with them and the cops as they enter this luxury mall in the o. kc. >> just relax. we have a serf warrant. >> reporter: the contraband these cops are after? counterfeit clothes. santa ana police officers arrest the store manager

or near- luxury category and cost at least $30,000. only the acura t.l. and volvo s- 60 received a good overall rating. ohe infiniti g was given an ratiptable grade while the other eight cars got marginal or poor natings. clarence ditlow is a car safety advocate. >> this is one case where the insurance company and the consumer are aligned. the consumers want to save their life. the insurance company wants to save money. te reporter: ditlow says it's unlikely car makers were rirprised by these results since the government has never conducted these tests before it was never included in safety requirements. >> the government doesn't have h ough funding to do all the crash tests that it should do so organizations like the insurance institute step up to the plate and do the test. >> reporter: the national highway traffic safety administration-- which is the agency that sets government auto tandards-- applauded these tests saying it looks forward to ineing the safety benefits it ts i yield. the insurance industry's evaluation of less expensi

some luxury cars put to the crash test j a few top models got some not so great results. details of some newly designed crash tests. stay with us. [ mom ] dear chex cereal, i've never written a fan letter before, but you've done the impossible. you made gluten free cereals in a whole bunch of yummy flavors. cinnamon chex and honey nut chex are two of our favorites. when my husband found the chocolate one, we were in cereal heaven. the only problem is, with so many great flavors, you're making it very hard to choose. your fans, the mcgregor family. 'cause we love chex. ♪ [ male announcer ] and now try new gluten free apple cinnamon chex. >>> the national museum of american history is celebrating all things food with a new exhibit t doesn't open until november but you can get a sneak peek starting today. the museum is marking what would be julia child's 100th birthday. the julia child's kitchen display will open along with a new display of the history of food and wine in america. >>> apple is suing samsung for patent infringement. apple claims that many of samsung's product

nick parker looks at luxury theaters making the movie to america. >> reporter: the emphasize is on luxuryorder and cocktail just a blend away. latin america's biggest cinema chain is pushing deeper into a niche market. this is one of nearly 150 v.i.p. cinemas. this concept is simple. you take a seat. you relax. you peruse the menu. call a waiter and feel pretty smart. it's a brand they are now exporting to the united states. this cinema is in an affluent area. the country struggles with a weak economy. why now? >> we are pioneers of this concept in the western hemisphere. we think that they are working in six countries of latin america and india where we also have operations, there's no reason why it wouldn't work in one of the most developed countries in the world. >> reporter: at $20 for an evening show, it's a gamble. the it's expensive. but for a treat, it will be fun. >> you get all the other services you get at a restaurant, a bar, some socializing that you have to go some place else and probably pay another hundred bucks for to do with your wife or friends. >> other cinema companie

luxury cars. a safety group that picked the cars because they should have the latest technology, but even models from mercedes and audi did not do well. according to the insurance institute for highway safety, 2012 audi -- i should say a4 and mercedes c class cars both scored poorly in frontal tests and high marks in other categories. the acura tl and volume row sx sx -- volvos60 performed well. now a run down of who did what. i guess other luxury cars scored poorly. >> lexus is250 and audi a4 and lexus es350 scored poorly. three of the 11 cars tested, and these are luxury cars, did well on this. >> new tests, what is different about these tests ? >> we are used to the t bone. you are used to the side impact. this is more like pitting -- hitting a pole. maybe a utility pole. it hits the front of the car, but only 25% of the front end. this is a new and different test. you know how this works. once they do this testing, the scar designers try to protect the cars and they start building improvements

. >> reporter: it is rush hour you don't want to hear this, three out of the 11 luxury models passed the new tests which looked at front corner impact crashes. these are front end collisions that are not head on. when the corner hits a pole or tree. the institute for highway safety a group financed by the industry said we should be concerned. the vehicles are safer than they used to be 167,890,000 people die each year in crashes. >> reporter: a fourth comes from the overlap frontal crashes. in the test crashes of 2012 models, three of the 11 luxury cars, foreign and don'tics, earn wad is considered good or acceptable ratings. >> it represent as problem that's not being addressed by most vehicle crash designs. >> reporter: you can see the comparison with head-on crashs. instead of a force of the impact spread across the cage, the force from the overlap crash goes to the car's corner where there is much less protection. >> people are vulnerable in the crashes because the structures are bypassed, the crash forces can go into the occupant compartment. >> reporter: in the test the volvo a

power initial quality survey, audi the only luxury brand that didn't beat the industry standard.nt of audi of america says they're making strides when it comes to quality. >> i think we are looking at two things as you know. industry wide, quality used to be things breaking. and if you look at audi, it is not happening. warranty claims down 60% over 4 years. what is happening is concept. and we as a brand can definitely do a better job of explaining the concepts. >> reporter: and overall, the residual value of audi improving in the united states. looking at shares of volkswagen, the parent of audi, this is one of the fewest auto stocks to withstand the huge selloff we have seen for some of the other automakers and feeling pressure because of what's happening over in germany. guys, the rs 5 and, $69,000 and amazing. this has some get up and go. >> i know. i just -- i'm so jealous. i have to throw that out there. you know? the rs-5, looks -- online, looks awesome. >> because it's a red one, goes faster, right, phil? we have to leave it there. thank you for joining us. >>> coming up

and later, luxury lift? strong retail sales data sent the sector higher. including shares of high-end retailers saks. but after suspending reporting of same-store sales, should shoppers worry? cramer's exclusive with the company's ceo. plus, know the drill? as election season heats up,ing america's domestic energy development is sure to be a hot topic. could energy 21's offshore assets take center stage as a show-stopping investment? cramer talks to the ceo to find out just ahead. all coming up on "mad money." sweetie, you have to scrub it first. no you don't, honey. yes, you do! don't! i've washed a few cupcake tins in my day... oh, so you're ain expert now. is that... whoa nelly! hi, kitchen counselor here. he's actually right... with cascade complete. see cascade complete pacs work like thousands of micro-scrubbing brushes to help power away tough foods even in corners and edges. so, i was right, right? i've gotta run. a cascade product has been chosen by consumers as best new dish detergent for multiple years. [ woman ] you know you don't have to put u

a lot of luxury in and near luxury cars jane that hold up to safety standards pi.ake a look at the test outcomes. the institute institute says that the air bags may not off in time or may not extend far enough into the vehicle. >>darya: credit reporting agencies, trans union says that average credit-card debt was close to $5,000. it is a 6% more than the previous year. a new survey finds that checking accounts are getting more expensive. banks are encouraging all kinds of -- banks are increasing all kinds of fees. that includes a minimum balance to avoid a service fee. you have to have a lot of money in your account if you're going to get free checking. >>mark: and in the energy now accounts for 32%. -- wi8nnd power is about twice as expensive as natural gas. white house officials say that extending the credit is something that they're looking for president obama to do because it is about ready to expire. digamma >>darya: and looks like you can get across the road pretty easily pin. the road is running smoothly. we very back. we will be right back. @ >>darya: the b

dreaming of a luxury see round trip with open air entertainments. a little min of exercise to get in better shape. and cuisine with all my healthy ingredients. in this case something to. our summer sales on our cheap. this is dan c. welcome back the multi-billion trial that heard accusations of greed and design a stay as well as allegations of threats signed by dr evil will come to an end in london court in a few hours russian businessman roman abramovich the billionaire chelsea football club owner and self exiled of russian tycoon by reason results living in the u.k. will hear about extra day lower smith is and wonder. this verdict will bring to an end a case that opened up the secret world of the only guards with all it entails unimaginable sums of money offshore bank accounts illicit payments glamour luxury cruises and deals done with only a handshake in five star hotels and ski resorts it's brought to the london call to squabbling billionaires and their own to raj is expensive lawyers menacing bodyguards and beautiful women it's a trial where bo

and mid-size luxury.. however, the volvo and the infinity and the accurate tested well. at bank of america, we're continuing to lend and invest in the people, businesses, and organizations that call the bay area home. whether it's helping a nonprofit provide safe, affordable housing within the city, supporting an organization that's helping kids find jobs and stay in school, or financing the expansion of a local company that's creating healthier workplaces, what's important to the people of the bay area is important to us. and we're proud to work with all those who are making our communities stronger. >> wind energy accounted for 32% of the electricity generated in the u.s.. the white house said the progress could be undone with a looming tax credit expiration. without that tax credit it could be twice as expensive as standard electricity. that tax credit is a top priority for the president but is expected to expire at the end of the year. >> this bill going to jerry brown as dusk. when bart cut it cellph

and later, luxury lift? strong retail sales data sent the sector higher. including shares of high-end retailers saks. but after suspending reporting of same-store sales, should shoppers worry? cramer's exclusive with the company's ceo. plus, know the drill? as election season heats up,ing america's domestic energy development is sure to be a hot topic. could energy 21's offshore assets take center stage as a show-stopping investment? cramer talks to the ceo to find out just ahead. all coming up on "mad money." ♪ ♪ ♪ ♪ [ male announcer ] at&t. the nation's largest 4g network. covering 2,000 more 4g cities and towns than verizon. at&t. rethink possible. >>> has europe finally bottomed? as the currency, which stands as a proxy for the entire eurozone, at last giving us a reason to think a turn might be on the horizon? time to go off the charts to help us answer this crucial question. my colleague at the street.com went over all the charts the last couple of years. he has the best record. i'm not a chart guy, but there is a dashboard of charts i look at every

dreaming of a luxury c round trip with open air entertainments. a little minute to size to get in better shape. and cuisine with all my healthy ingredients. in this case something to. our summer sales on our chief. science technology innovation all the latest developments around russia. covered. a story. and realized. welcome to the big picture. wealthy british stock. market. find out what's really happening to the global economy with. global financial headlines kaiser reports. download the official. language stream quality and enjoy your favorite. t.v. is now required to watch all its hear all you need device. any time.

. >> plus,luxury cars put to the safety test. which ones flunked and which ones give you your money's worth? >> and for years they have been keeping the memory of murder victims alive. we'll tell you why on the newses edge at 11:00.  [ male announcer ] in 1996,, president clinton and a bi-partisan congress helped end welfare as we know it, by requiring work for welfare. but on july 12th, president obama quietly announced a plan to gut welfare reform by dropping work requirements. under obama's plan, you wouldn't have to work, and wouldn't have to train for a job -- they just send you your welfare check. and welfare to work goes back to being plain, old welfare. mitt romney will restore the work requirement, because it works. [ romney ] i'm mitt romney and i approve this message. >>> police continue to struggle with violent crime. it's up considerably when compared to the same time last year. robbery, sexual abuse all on the rise. notely homicide continuing to fall. paul wagner has that story. >> if you're curious about

. >>> crash test results in for some popular luxury cars.ke the grade. >>> president obama and paul ryan makes campaign stops at the iowa state fair and get a different response from the crowd. >>> london to new york in one hour. the skies over california are about to see a test of an when a carpet is clean and fresh, it's irresistible. experience this in your home with resolve deep clean powder. its moist powder penetrates deep, removing three times more dirt than vacuuming alone while also neutralizing odors at their source. it's a clean you can see, smell, and really enjoy. resolve deep clean powder. don't just vacuum clean, resolve clean. i only use french's french fried onions on my crunchy onion chicken because it's america's number one brand. just minutes to make, then bake! ♪ i'm thinking sweet ♪ and i'm thinking new ♪ i'm thinking all these brilliant colors ♪ ♪ shining through ♪ i'm thinking sunshine ♪ i'm thinking sunshine ♪ i'm thinking [ whistles ] ♪ i'm thinking [ whistles ] [ female announcer ] 40 delicious flavors that feel as

not just the kind of luxury end but the uber luxury end.hini is unveiling two new models this week. tell us about these. >> these are incredible. looking at the pictures, one of them is one we saw over at the beijing auto show. this is called the urus. they call it the first suv and technically you go back a couple of decades with another suv and a high end suv they plan to sell for at least $160,000. it's limited in terms of supply, guys. and the key is there are people who will buy a lamborghini suv and some people as soon as it was unveiled in beijing said you can't have a luxury suv from lamborghini. you're ruining the dna. you know what? they sell them and that's the bottom line for lamborghini. >> that's not a suv, right? like the x-6 bmw, a mish mosh of a real suv and a car. >> listen. are you going to drive this -- are you going to drive it offroad? no. you and i know that. the only people to buy this are probably going to be driving it in extremely high end neighborhoods or limited edition model. that's the only reason to buy it. >

carries pictures from the wrong war when describing syria i mean it's just a luxury for those that have hard power to clean up and maybe hide their mass. i think peter i think it's an easy target probably because it started as an academic concept so there are plenty of critics who want to call it as a result an academic exercise but really i think the world is changing i know that sounds incredibly cliche but it's true especially when we think about the diffusion of power supply our is moving not only from west to east but it's also moving away from states altogether and this means just purely trying to use hard power is more difficult and in fact i mean i suppose some of the u.s. is use of hard power recently shows the limitations of that and i think as you try to get your way as countries try and achieve objectives so power is going to be more important and i haven't even touched on the issue of power diffusion but also if we think about advancements in telecommunications and how fast information moves around and the democratization of access to that information really empowers more p

if so why then is a a luxury yacht full of romney campaign donors sailing around the convention in the flag of the cayman islands and later the movement to amend the constitution to get corporations out of our elections has got its biggest indorsement yet i'll tell you who's joining the fight to overturn the damage done by the supreme court's citizens united decision. you need to know this vice presidential candidate paul ryan opened his speech last night before the r n c by saying this. mr chairman delegates and fellow citizens. i am honored by their support of this code invention for vice presidents of the united states. he got that job what job he was applying for right but that was where the truth telling and he was virtually everything ryan said after that first sentence is a lie or a half truth and what could be the most is on a speech ever given at a major political convention in american history paul ryan relied on a lie after lie after lie to attack president obama and hide the republican party's true agenda which is to turn america into a corporate oligarchy he started with t

dreaming of a luxury used c. roundtrip with the open air entertainments. a little min of that decides to get in better shape the a and cuisine with all my healthy ingredients. in this case something to remove our summer sales on our cheap. started here. before going global and now it's only moral. law you. choose your please take your stuff. that. makes your statement. with the words. you point is true. well go back to the big picture on tom marvin coming up in this half hour billionaires are having a field day this election season throwing their fortunes in a race is all over our nation thanks to citizens united obama is now poised to become the first incumbent president outspent by his opponent so maybe that explains why he's speaking up in favor of a constitutional amendment that our nation desperately needs also ignore what you hear from the right the united states does not have the best health care system in the world but can a startling new report we awaken the movement to bring a single payer universal healthcare system to the united states and late

. >> john: they advertise lobster dinners and luxury pools. >> pools and spas and fancy gym and sushi for lunch. every college, why do you spend so much money on this. they say we have to compete with the college down the street. >> terrific climbing tower, 42 feet with a variety of lights on it so we can simulate different times of the day. >> so the administrator says i'll build a new rock wall. i'll show you. more than 600 colleges have rock walls. >> what is important to a leisure resort and any red blooded american student, spring break. give them they step in to the complex. >> the students here, they throw that in your face. >> students will come to us and say this is what seals the deem. it used to be reading and writing and arithmetic. >> every parent i have is saying i wanted to be back in school. how do i get back to going to school. >> we are putting colleges on notice. >> john: now progressives are upset about rising costs. >> we can't subsidize skyrocketing tuition. >> john: but he also said. >> my administration is increasing federal student aid so more students can aff

you know i've heard this argument before i've heard people say that soft power is really a luxury of people in power. but whether or not we can accurately define soft power is this and not or analytically distinguish it i think what's important is that international actors whether they be nation states or n.g.o.s recognize soft power is important so we need to pay attention to it and i think the clearest example of this is the incredible investment in soft power by china right whether or not soft power where they believe it where do you think you want to put if you think it works if you think that the world is change its opinion about china after all of that investment. do you think it's effective well like i said earlier i think soft power is a long term game i don't think that it is evidence in the short term in ways that are obvious i think that the long game of soft power is to change the rules of the game for international relations so that other nations states and actors play by your rules or value what you value or populations that are crucial to your foreign policy will at th

, near luxury vehicles tested. the volvo s60 and acura tl got good. the infinity was one step down. four cars earned poor ratings. the mercedes c class, the lexus is250, audi a4 and lexus es 350. >>> it may be just a little bit easier to buy that new volvo. "the wall street journal" reports that banks and investors are making it easier to get a car loan, even for riskier borrowers. experience says the total value of car loans is up about 6% in the past year hitting the highest level in over three years where banks were telling the federal reserve they're easing standards for making new auto loans. >> interesting. >> it's a boost but it's amazing they're doing it even for arrivier creditors. >> people have -- riskier creditors. >> people have been making their payments so maybe they're thinking they can relax. maybe not so much for making loans for new home buyers but new cars. >> thanks, jess. >>> our time 16:08. in five minutes, a political showdown? iowa. both president obama and vice presidential candidate paul

. >> anything but that for 120 people, they were stuck on a luxury cruise liner after it ran aground.when a carpet is clean and fresh, it's irresistible. experience this in your home with resolve deep clean powder. its moist powder penetrates deep, removing three times more dirt than vacuuming alone while also neutralizing odors at their source. it's a clean you can see, smell, and really enjoy. resolve deep clean powder. don't just vacuum clean, resolve clean. >>> a cruise ship after running aground. >> 120 people on board the luxury cruise ship, stranded for hours, the coast guard was called in to help free the ship and put it on course. the route follows the great lakes. the ship's captain may have navigated outside of the channel in to more shallow waters. that's what happened. >>> keep extra change handy, if you are driving out of town , the average price for a gallon of gas is $3.76, up almost a dime in the past two weeks. it's significantly smaller than the previous two weeks high that was $0.20. as the cooler weather arrives and tomb iser driving season ends, demands usually d

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you can go to the website to see the only three luxury car that passed the test as well as the entireort. you will find it under the remember links section. >>> state lawmakers calling for an independent investigation in to the safety of the new eastern span of the bay bridge. the state senate transportation committee wants to test the foundation beneath the tower of the span. this after an investigation revealed that a caltrans worker changed test results during construction. caltrans said that the bridge is safe. >> as the america's cup draws closer we have learned the sailing race will bring fewer teams and dollars than first hoped. david stevenson on what the organizers have to do to ensure the america's cup makes a big splash. >> reporter: the racing crew took their boat out for practice on the bay this afternoon. as crews raised to get ready for the america's cup world series. next week's races are an open to the 2013 competition that will feature bigger boats and stakes for the teams and cities. >> hard to tell how -- i know it'll be great, great economic impact. >> reporter: $

and near-luxury models under the newest guidelines.ree earned good or acceptable ratings -- the the infiniti g.for consumer watch, i'm karin caifa. -----end-----cnn.script----- 3 new tonight at 5:30... a lawsuit filed against harford county sheriff's office for ordering a good sammritan to stop trying to save a struggling man's life. 3 --adblib weather tz-- homicide of young people in america has an impact on all of us. how can we save these young people's lives? as a police chief, i have an opportunity to affect what happens in a major city. if you want to make a difference, you have to have the right education. university of phoenix opened the door. my name is james craig, i am committed to making a difference, and i am a phoenix. enroll in the program that's right for you at phoenix.edu/maryland rising gas prices and tolls aside--?would you pay for the opportunity to commute to work? fox45's paul gessler reports from washington, d.c. on a proposal