what does mastercard have to do? >> first of all, mastercard has had a weaker position in the u.s.as added costco, they have added a partnership with usaa. that is a challenge for mastercard competing in the u.s.. but if you look at the overall u.s. growth numbers, they have stayed very strong. the overseas businesses where the really high growth is. trend, both-term moving towards electronics, visa payment. most of the world's transactions are a cash and check them about -- cash and check by moment , but that is the runway to growth. against competing paypal, and paypal is an interesting situation. a lot of people fund their paypal account with their these and mastercard credit card account. on the other hand, they are doing some things in the online mobile space or potentially of the long-term idea is to get the customer to use the checking account rather than their card. they have a complex relationship, and that was a hot topic on the conference call, how do you manage that? to watch overing time because that is the battlefield, the online and mobile space in payment. betty: th

we saw amazing numbers from mastercard, visa, paypal. it's clear the companies are taking it to american ex press. they are all better run.n. they are. who wants to compete with dan schulman, three good ceos from mastercard, paypal and visa. visa up 7.4%. mastercard, 6.71% and paypal, 5.5% today. they were the leaders of this stunning rally. there is a bias against fast food but what steve easterbrook is doing at mcdonald's is astounding. this man is a miracle worker. by simplifying the menu which minimizes mistakes and adding all day breakfast, egg mcmuffin, less than 400 calories he made gave this mid single digit same unthinkable. that's how a stock hit the all-l-me high. procter and gamble dazzled. they are going higher. finally there is a deep dive on the transformation as one of the sleepiest companies. i thought it was mattress firm but it's microsoft. the ceo has been running the country for slightly less than two years. under stated man. simple, terrific. sometimes i have to wonder if he's for real. has he beeeeable to make micr

according to mastercard, retail sales grew almost 8% this same time a year ago. women's aparexpel furniture led the way. sales in both sectors were up more than 10% nationwide. >> people are just out shopping. >> reporter: david sabel runs mattress and furniture super center in tampa. he's keeping his store open on new year's day after having a record-break holiday sales season. >> from black friday until now, our sales have been up 65% compared to last year. and it is the highest increase that i've ever experienced. >> reporter: and rising spending in the furniture business shows the u.s. economy is strengthening, says sarah quinlan, senior v.p. at mastercard advisers. >> the furniture is more important because that really shows sustained confidence. "i'm buying that sofa and i'm investing and i'm saying that i have confidence i'm going to hold on to my job, get bonussed, and and be able to pay off these. s." >> reporter: there were some surprising dips in buying trends this time around. electronics were both down. but quinn lin says it's no cause for concern. >

according to mastercard, retail sales grew almost 8% this holiday season compared to the same time a year ago. women's apparel and furniture led the way. sales in both sectors were up more than 10% nationwide. >> people are just out shopping. >> reporter: david sabel runs mattress and furniture supercenter in tampa. he's keeping his store open on new year's day after having a record-breaking holiday sales season. >> from black friday until now our sales have been up 65% compared to last year. and it is the highest increase i've ever experienced. >> reporter: and rising spending in the furniture business shows the u.s. economy is strengthening. says sarah quinlan, senior vp at mastercard advisers. >> the furniture is more important because that really shows sustained confidence. i'm buying that sofa and i'm investing and i'm saying that i have confidence, i'm going to hold on to my job, get bonused and be able to pay off these purchases. >> reporter: there were some surprising dips in buying trends this time around. sales in men's apparel and electronics were both down. but quinlan sa

mastercard is simply on fire here. when the ceo speaks, you're going to hear about how well his company is doing and it might help explain why american express fell a shocking $7.58 or 12% after still one more miserable quarter. mastercard and visa are the winners in that titanic three-way credit card battle and i think the company i call ma will shine. obliterated since it announced its acquisition. i bet the ceo will straighten out the sellers. here's the bottom line, we have the super bowl in two weeks but next week is the earnings super bowl. remember, it's just a game and much more powerful forces like the dollar, the fed, and oil will reduce these stocks to simple playthings even if the underlying companies report fabulous numbers. dino in connecticut. dino! >> caller: thanks for taking my call. my question is on microsoft. next week they report earnings, would you be a buyer? >> i was just telling kyle, the stage manager that microsoft, i can't believe it was dipped down a couple bucks. i should have said -- but

at mastercard advisers. >> the furniture is more important because that really shows sustained confidence. "i'm buying that sofa and i'm investing and i'm saying that i have confidence i'm going to hold on to my job, get bonussed, and and be able to pay off these. s." surprising dips in buying trends this time around. sales in men's apparel and electronics were both down. but quinn lin says it's no cause for concern. >> this was a tremendous year for the economy of the united states as reflected in retail sales which really does reflect the entire economy which really bodies well for the new year. >> reporter: and a couple of other factors driving this spending surge-- cheap gas and e-commerce. online shopping is up 20%, and, elaine, consumers, they're spending roughly about 75 cents of every dollar saved at the gas pump. >> quijano: michelle miller reporting from new york city tonight. michelle, thank you. a horrifying scene was captured on surveillance video today in tel aviv, israel. it shows a man opening fire on a bar. two people were killed, three others injured. police are searchin

they are accused of charging another $11,000 on a mastercard and purchasing a 2008 toyota four runner. the victim was reap is -- the vehicle was repossessed. the c berger started stealing from her three years ago. >> the investigation determined know how the victim and suspects came in contact with each other or how s investigators got involved. before a grand jury. news 5. andrew: cold temperatures are coming our way. eric has your look at the forecast. erik: we are starting the slide. s and 40' s. tomorrow, we get hit with much colder weather. some cloud cover around this evening. for most of us it is going to be a cloudy night. as far as winchell is concerned temperatures teens. maybe a flake tomorrow evening things change. together after a shooting turns deadly. the victim was driven to children' s hospital by someone else. manual scott died there from his injuries. a vigil was held asking for answers in his death. >> there are other factors. the message was we are not going to stand by why others lose their lives. >> kid should be able timeout here and do whatever they are going

they have struggled for growth in foreign markets relative to visa and mastercard. it has been a combination of factors. they have fallen a little bit behind the curve in digital efforts and online. they have been a little slow to get an online digital wallet, which just started. it has been a number of things. betty: it sounds like a confluence of a bunch of factors. the big headline though, as you mentioned, was costco, losing is a major decline. is there no big whale like it that out there for american express to make up for that loss? david: one thing we are watching this year, starwood is being acquired by marriott. marriott has a program with j.p. morgan chase. starwood has a program with american express. at some point, there is going to be competition for the entire program. it is unlikely that the merged company will deal with two different banks. in 2016 ornt later 2017, that will be a major big one up for bid. betty: thank you. still ahead, we will look at options on a day when stocks are higher. we are rallying as we head to break. some of the most activ

says sarah quinlan, senior vp at mastercard advisers. >> the furniture is more important because that really shows sustained confidence. i'm buying that sofa and i'm investing and i'm saying that i have confidence, i'm going to hold on to my job, get bonused and be able to pay off these >> reporter: there were some surprising dips in buying trends this time around. sales in men's apparel and electronics were both down. but quinlan says it's no cause for concern. >> this was a tremendous year for the economy in the united sales. which really does reflect the entire economy. which really bodes well for the new year. >> reporter: and a couple of other factors driving the spending surge -- cheap gas and e-commerce. online shopping is up 20%, and elaine, consumers, they're spending roughly about 75 cents of every dollar saved at the gas pump. >>> uber is looking to expand in china. but the company faces both legal hurdles and local competition. seth doane has more. >> reporter: with the smog and the traffic to prove it, china has as many as 750 million urban commuters. and there's a multib

mastercard and visa each reacting to earnings, visa is out this morning.oth of them talking about the negative effects of currency, both reporting increases in revenue. and usually they were down in premarket trading this morning, but since then, they have recovered. david: julie hyman at the markets desk. long a pioneer of adopting holidays, the bank of japan is taking a plan out of mario draghi's playbook to stoke inflation and growth. >> with most important is sending a signal to corporate and consumers of the bank of japan is ready to take any action in order to achieve inflation targets. this will help shift people's minds toward higher inflation. after theyumbled rejected the idea of negative rates. professor now is takatoshi ito. becomen the running to the manager of make of japan. the me ask you how surprised you were when he made the announcement? i was surprised. he's been denying negative interest rates. said he came up with this decision. david: suddenly he comes up with this decision. do you think this was something that he was planning for a

i do like visa and mastercard.ltimately in american express you have more up side if they can gain momentum. >> sounds like the company is trying to make up for that lost business. that's why maybe their guidance continues to look weaker. >> a couple of good headlines with efficiency. >>> some of wall street's heaviest hitters out with encouraging comments about the economy today. widely followed market pundit david stockman says they are missing a major warning sign in the economy. he'll tell us what that is. >>> has the recent biotech route made several well-known stocks at the lowest valuations in years? >>> welcome back. here what's coming up, the billionaire bankers are sounding bullish at this year's world economic forum in davos. could their positive words be a warning sign? >>> bob iger betting big on disney. despite the recent rout in the stock. >>> starbucks falling in the after-hours on earnings. the conference call about halfway finished. jane wells live in l.a. with the headlines. >>> they haven't gott

mastercard, 6.71% and yp, 5% t they were the leaders of this stunning rally. theris bias againsfast food but what steaerook is doing at mcdona's is astounding is man is a miracle work. by simplifying the menwhich mimizes miakes a adding less than 400 calories he made gave this mid singleigit se store sales that wouldave been unthinkable. that's how a stock hit the all-time high. procter and gamb dazzled. theyre gng higher. finally there a deep dive on thansfmation as one the eepiest companies. i thought it wasattress firm but it's microsoft. the ceo has been running the cotry for slightlyess than two years. under stated m. simple, terrific sometimes i have to wonderf he's for real. has he been able to make microsoft a leader in the cloud so fas the answer is yes. absoluly. i bet there are ki in this untrusing microsoft software at schools or at home who think it's cool. why not? x box is t most werful hardre force in gaming microsofis young and aggressive again like in the 1990s. microsoft stk has more room to run. look, all thetocks grt americ companiesith to

according to mastercard, retail sales grew almost 8% this holiday season compared to the same time a year ago. women's apparel furniture led more than 10% nationwide. >> people are just out shopping. >> reporter: david sabel runs mattress and furniture super center in tampa. he's keeping his store open on new year's day after having a record-breaking holiday sales season. >> from black friday until now, our sales have been up 65% compared to last year. and it is the highest increase that i've ever experienced. >> reporter: and rising spending in the furniture business shows the u.s. economy is strengthening, says sarah quinlan, senior v.p. at mastercard advisers. >> the furniture is more important because that really shows sustained confidence. "i'm buying that sofa and i'm investing and i'm saying that i have confidence i'm going to hold on to my job, get a bonus, and be able to pay off these. s." >> reporter: there were some surprising dips in buying trends this time around. sales in men's apparel and electronics were both down. but quinlan says it's no cause for concern. >> this w

again, mastercard came up with a new thing they are developing right now which is an online transaction. you take a stealthy and you are supposed to wake because it shows proof of life. sure someone could cut out one of the eyes and wink. so we have to continue to move towards diametric is a very important part. the way you actually press the key on your smartphone, your heart beat, blood flow, that will be part of the biometric security systems in place. but you not only need that biometrics are unique to authenticate yourself to the site. you need the site to be authenticating health to you and it needs to communicate with you and make sure they have the right person on the right device and as time goes on we'll have more of that. >> here is the book. "swiped." adam levin is the author. you are watching booktv on c-span2, live from miami. >> welcome to oakland, california on book tv, located six miles across the bay from san francisco the trade center for the area with the port of oakland, the fifth busiest in the u.s. but the population of 400,000, oakland is one of the most ethnical

mastercard is simply on fire here. when the ceopeaks, you're going to heaabout how well h company is doi and it might help explain why american express fell a shocking $7.58 or 12% after still one more miserable quarter. mastercard andisa are the winnerin that tanic threway edit card bale and i think the company i call ma nerubbermaid stockas been obliterated since it announced its acquisitn. i t the ceo will straighten out the sells. re's the botm line, weave the supebowln o weekbut nextk is the earngs super wl. remember, it'sust a game and much me powerful forces like the dollar, the fed, and oil will rede these stocks t simple plahingeven if the underlng comni rort fabu numbe no in connecticut. dino! nks r taking my call. question isn microsoft. next week they report earnings, would you be a buyer? >> ias jt telling kyle, the stage manar that microsoft, i can't believit was dipped down a couple bucks. i shld have said -- but it wasn -- there was no cnce. i think the quarr is going to be excellent and i always invite

. >> a full quarter of your portfolio is dedicated to visa and mastercard.u're a huge believer in those companies. tell us why. >> sure. the fact is that those companies have grown into that position simply by growing their earnings and their free cash flow over time. they started out smaller positions in the fund. but each company is in the middle of a multidecade secular trend from cash to electronic payments sitting in the middle and collectsing a little bit of money each time you swipe a card. so those are really continue to be good stories and they remain core holdings in the fund today. >> stephanie link is here with me. >> on visa, i'm curious when you think you'll see the synergies from visa europe, is it going to be this year and will that be a catalyst for the shares? >> not trying to dodge the question, but i don't really think about the investment that way. i'm looking for good companies that can double or triple their value over a three to five year time frame. i think visa fits bill. the beauty about visa is that they're going continue to creas

mastercard up 12% in local currency.d my piece of paper that has everything on it, but it looks like the shares are getting a leg up. we are seeing a list, negative on the week going into today's session. the movement i the bank of japan to take interest rates negative have given a lift to stocks and other asset passes around the world. we are seeing futures in the united states get a boost. it could change at eight: 30 when we get gdp. that is the readings for the fourth quarter. europe, the read through with what happened in japan, we are seeing a rally across the board. not as large as in asia or indicated by the u.s. futures. we're watching oil, because be aa -- will there meeting with opec producers on a production cut? russia is walking back on its talk saying that all producers need to be committed. oil is coming off of its lows of 1%. 1%.t's lows, up on the list along with the japanese government bonds. the dollar rising versus the yen up 2%. he'll on japanese government 10 years falling to record lows. other wat

. >>> microsoft, visa, mastercard, some of the big winners on wall street today. price of oil going up four days in a row. dow climbed 400 points in today's trading. . >>> give me an r! [ laughter ] >> how about s for sunshine! night. we have a cool front coming in. we'll get close to 60 before it gets here. snow showers tomorrow night, but that's not the storm. nice day on sunday, rather cool. night. tough. tuesday morning's drive, tough. storm winds down on tuesday night, but highs in the 20s. hello, february! lows in the single digits with more. >> enjoy the weekend! >> okay. you've been warned! >>> "entertainment tonight" is next and we're back at 9:00 and 10:00. >>> only concentrate on the killer and t ignore the victims? there's something wronhere. >> new oj miniseries backlash as the fans and the victims unite on dr. phil. >> what the fans are telling us about why they are outraged. >> they're very upset. >> that is epitome of >> as the cast opens up up about

quarterly figures from visa and mastercard helped shares stateside to european indices finished higherarlier as well. we saw a real bounce for the ftse 100 in london. far behind.ot too once again on this move from the bank of japan. these gains today means that european stocks trimmed their w orst january drop since 2008. it has not been a pretty picture at the start of this year. news.et's look at other american growth slowed down and the fourth quarter of 2015. the world's biggest economy expanded by 0.7%. thans significantly slower the 2% growth we saw during the third court appeared the strong dollar is seen as one of the main culprits, making american goods more expensive abroad which means a slow down for exporters. american shoppers were seen to grow more wary and consumption fell back for the year as a whole to the u.s. economy grew by 2.4%. the finance minister and france said that 2015 is a year of recovery for the french economy. the economy grew at its fastest pace in four years and the upturn will intensify in 2016 allowing for the creation of more jobs. despite the strong

according to mastercard retail sales grew almost 8% this same time a year ago. women's apparel and fururture led the way. sales in both sectors were up more than 10% nationwide. >> people are just out shopping. >> reporter: david sabel runs mattress and furniture supercenter in mpa. he's keeping his store open on new year's day after having a record-breaking holiday sales season. >> from black friday until now our sales have been up 65% compared to last year. and it is the highest increase i've ever experienced. >> reporter: and rising spending in the furniture business shows the u.s. economy is strengthening. says sarahah quinlan, senior vp at mastercard advisers. >> the furniture is more important because that really shows sustained confidence. i'm buying that s sa and i'm investing and i'm saying that i have confidence, i'm going to hold on to my job, get bonused and be able to pay off these rchases. reporter: there were some surprising dipy in buying trends this time ound. sales in men's apparel and electronics were both down. but quinlan says it's no cause

samsung's new family hub fridge has a touchscreen that contains a mastercard grocery app and users canut items in their virtual shopping cart, pay through the app and the store will deliver the groceries to your door. no word how much that will cost you. it's expected to be available in the spring. people all across the country lining up to buy powerball tickets for a chance to win one of the largest jackpots in history. the odds of winning the $500 million jackpot are 1 in 292 million. in october lottery officials changed the rules increasing the amount of numbers people could choose to play making it tougher to match all of the numbers. so far there hasn't been a win for 17 powerball drawings back to november. >>> thanks so much for choosing ktvu today at noon. we are always here for you at ktvu.com. hope you follow us on twitter and facebook. and don't forget the ktvu mobile app, especially the weather one on a day like today. be back here at 4:00. hope you are, too. ou are, too. with just your age, income, zip code,g for health insurance and the number of people in your household.