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liz: "money" with melissa is next. melissa: i'm melissa francis and here's what's "money" tonight. stocks have seen an epic run-up, but that doesn't mean you can retire any earlier. most people are delaying more than ever. wait until you hear the numbers. >>> call him banks super fan. dick bove predict as 14-year bull run for u.s. banks. the renowned analyst says we're looking at them all wrong for years and he is here to explain. >>> they made fan at this football one of the most raunchyest, hilarious hobbies imagine. the dirty mind behind the fx's, the league. they're not taking any prisoners. comedic geniuses jeff and jackie schaeffer joins us. even when they say it's not it is always about money. melissa: it is our top story tonight. a day when you can retire and leave the rat race behind, enjoy leisure time, golfg, traveling, for most of us that day is looking further and further away. sure the dow hit a five-year high on friday. but that means if you stayed in you made no money in the past five years. and don't get me started on taxes. put it together and adds up to big delay
liz: "money" with melissa is next. melissa: i'm melissa francis and here's what's "money" tonight. stocks have seen an epic run-up, but that doesn't mean you can retire any earlier. most people are delaying more than ever. wait until you hear the numbers. >>> call him banks super fan. dick bove predict as 14-year bull run for u.s. banks. the renowned analyst says we're looking at them all wrong for years and he is here to explain. >>> they made fan at this...
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Feb 16, 2013
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it's over, melissa. it's a blip. forget about it. melissa: okay, all right.t drag me on a ship if my life depended on it. bruce, that was fun. have a great weekend. >> good to see you, bye-bye. melissa: money question of the day, the carnival cruise nightmare and the stories, would you consider a cruise? i was surprised there were a lot ever you who said yes, but i especially love the comment one of you said. we're sure just like i continue to vote after the 2012 nightmare. we want to hear from more of you, like us on facebook.com or follow me on dwitter. see what was in my office this afternoon. look on twitter. coming up, when a university designs new book bags with its name on it, this is the last guy they probably want to hire. >> i am so smart, i am so smart. i am so smart. melissa: one university may have used homer simpson. we'll explaithat. you can never have too much "money." ♪ melissa: before we get to "spare change," we want to give you a quick update on a big story we have been covering. it is the war of words between the law and must, ceo of tesl
it's over, melissa. it's a blip. forget about it. melissa: okay, all right.t drag me on a ship if my life depended on it. bruce, that was fun. have a great weekend. >> good to see you, bye-bye. melissa: money question of the day, the carnival cruise nightmare and the stories, would you consider a cruise? i was surprised there were a lot ever you who said yes, but i especially love the comment one of you said. we're sure just like i continue to vote after the 2012 nightmare. we want to...
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we hope you have a lovely weekend. ♪ melissa: i'm melissa francis.wo words, senator heraldo, dipping his toe in a potential u.s. senate run. the answer to restoring fiscal sanity in washington? the man, the myth, and the legend is here to respond. plus, 13 states look at hiking minimum wage. they may get more than they bargainedded for. will it cost workers their jobs? we'll crunch the numbers. a toy empire built without spending a dime on commercials. your kids are like mine, they are the biggest things since legos all through the power of youtube. the ceo joins us to explain his genius strategy. even when they say it's not, it's always about "money." ♪ first, today's market moment, the january jobs report and strong u.s. manufacturing data helped spark a big rally for stocks. the s&p 500 posted its fifth straight weekly gain, but it is the dow that stole the show today without question. blue chip soared 149 points, closing above 14,000 for the first time since october 12th of 2007. the dow is just 155 points away from hitting its all time closing h
we hope you have a lovely weekend. ♪ melissa: i'm melissa francis.wo words, senator heraldo, dipping his toe in a potential u.s. senate run. the answer to restoring fiscal sanity in washington? the man, the myth, and the legend is here to respond. plus, 13 states look at hiking minimum wage. they may get more than they bargainedded for. will it cost workers their jobs? we'll crunch the numbers. a toy empire built without spending a dime on commercials. your kids are like mine, they are the...
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"money" with is melissa is next. melissa: i'm melissa francis. here is what is upon any tonight. millions more will lose employee health insurance than first promised in fact twice as money. courtesy of obamacare. what other surprises did the cbo unearth? you will be as shocked as we were. >>> the u.s. has spent billions to keep egypt on our side. shouldn't wed be buying better friends? the fallout could reshape the middle east and we've got details. >>> the plot thickens for baseball's latest steroid scandal. it is not alex rodriguez link to a miami steroids clinic. more baseball stars are forced to speak out. what is the cost to their endorsements in the league? a former world series champion will give us his take. even when they say it's not it is always about money. melissa: all right, first tonight, the bombshell hidden within the congressional budget office's new report. the first shocker, flies in the face of president obama's claim. >> no matter what you've heard, if you like your doctor or health care plan, you can keep it. melissa: well, not really. the cbo always expec
"money" with is melissa is next. melissa: i'm melissa francis. here is what is upon any tonight. millions more will lose employee health insurance than first promised in fact twice as money. courtesy of obamacare. what other surprises did the cbo unearth? you will be as shocked as we were. >>> the u.s. has spent billions to keep egypt on our side. shouldn't wed be buying better friends? the fallout could reshape the middle east and we've got details. >>> the plot...
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Feb 27, 2013
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melissa? melissa: molly, wow, thanks so much. we have reported on wind energy of course on the show here a number of times. a few quick snaps on the industry. wind accounts for less than 3% of the nation's electricity generation and there are about 45,000 wind turbines in the u.s. right now. but in all the studies that we have covered, all the stories we have covered we haven't come across the story where the outcome could mean town locals may end up with a tax increase in order to cover up to 15 million of costs of removing the wind turbines. this is shocking. they paid to 10 to $15 million in order to install the things to put them up with the idea they would be saving money over time as they ranch as you heard because of the curtailment right now they're operating at a loss. if they get rid of the turbines as the town wants, they will get taxed another $15 million in order to pay for that. joining us for a first-hand account, okay. we'r going back to that story in just a moment. let's move onto the sequester cuts for a moment
melissa? melissa: molly, wow, thanks so much. we have reported on wind energy of course on the show here a number of times. a few quick snaps on the industry. wind accounts for less than 3% of the nation's electricity generation and there are about 45,000 wind turbines in the u.s. right now. but in all the studies that we have covered, all the stories we have covered we haven't come across the story where the outcome could mean town locals may end up with a tax increase in order to cover up to...
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melissa: hmmm.s house majority leader eric cantor what was being touted as ament swror address today but really, that was the best he could do in outlining a new strategy for the republican party? he thinks the gop needs to move beyond their strect focus on cost-cutting measures and start paying attention to more issues that really matter to the average taxpayer. call it a new generation of the compassionate conservatism. the only question is will rebranding work? joining me with more is art laffer, former economic advisor to president reagan. great to see you again. >> thanks, melissa. melissa: there were a lot of people a little disappointed with this speech today. it was supposed to be like a big blowout. we'll really get people in the tent with this one! we'll be compassionate. everyone will feel great. it was just, i don't know. am i missing, was there something in there that we all missed? >> the only thing i would say a little fancy of a speech to be honest with you. it was extremely well-wri
melissa: hmmm.s house majority leader eric cantor what was being touted as ament swror address today but really, that was the best he could do in outlining a new strategy for the republican party? he thinks the gop needs to move beyond their strect focus on cost-cutting measures and start paying attention to more issues that really matter to the average taxpayer. call it a new generation of the compassionate conservatism. the only question is will rebranding work? joining me with more is art...
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melissa: dr.is is only the beginning and when you look specifically what is going on here, in virginia they're looking specifically at 23 two-year community colleges where they have tons and tons of part-time workers. a lot are teachers and professors. they could work these hours and achieve the same things and all the money, externality, health care of some type when the system gets up and running. they won't have as much money as they had before. >> we hope they will get health care. we're banking on the fact that the state level exchanges will be up and running and that people by this october, which is not that far away, are going to be able to go on to these exchanges and pick some kind of health insurance plan if they're not getting it through their employer. but as we all know there are still so much work that has to be done in terms of the regulations and the exchanges actually being put up that a lot of these people who are now losing their benefits could be left with nothing. melissa: rig
melissa: dr.is is only the beginning and when you look specifically what is going on here, in virginia they're looking specifically at 23 two-year community colleges where they have tons and tons of part-time workers. a lot are teachers and professors. they could work these hours and achieve the same things and all the money, externality, health care of some type when the system gets up and running. they won't have as much money as they had before. >> we hope they will get health care....
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melissa: uh-huh.ew york as well, by zillow thinks it's up half a percent in new york, one of the worst places to buy. >> you can't believe zillow. you really have to -- [laughter] i mean, if you -- if you look at what people said about housing, they said that nobody would buy houses anymore, and it was over. melissa: do you think prices in new york are going up half a percent? >> prices in new york city, and when they take new york, new york state is in effect. new york city, we are back to the prices that we were at the boom. we're at 98% of the value of the homes before the boom. melissa: anything changed? >> financing, much harolder. melissa: you have to have more money? >> yes, and very, very good credit. melissa: what changed? l.a. is an area, i have friends hurt out there, bought their home, collapsed, underwater. it's hd to believe zillow says l.a. is going up 7.3% in the next yearment i don't know. i mean, across the board or just really high end places, you know, the valley is in the dull dru
melissa: uh-huh.ew york as well, by zillow thinks it's up half a percent in new york, one of the worst places to buy. >> you can't believe zillow. you really have to -- [laughter] i mean, if you -- if you look at what people said about housing, they said that nobody would buy houses anymore, and it was over. melissa: do you think prices in new york are going up half a percent? >> prices in new york city, and when they take new york, new york state is in effect. new york city, we are...
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melissa: i'm melissa francis and here's what's "money" tonight. the government is dumping money into solar and wind power. but is nuclear power being left by the side of the road? the industry faces daunting challenges with the government playing favorites. we speak exclusively with the ceo of westinghouse electric. >>> north carolina makes radical new cuts to jobless benefits that will allegedly help boost businesses. should other states take notice, or will it discourage unemployed workers? one of the state senators backing the cut is here to explain. he is brave. >>> a new king of the friendly skies. american and us airways merge with the biggest airline but will passengers be stuck at the gate? the head of travel north america joins us exclusively with a inside scoop. even when they say it is a not it is always about "money" melissa: our top story tonight, the newest areas in government that are officially named as high-risk for wasting and abusing your tax dollars. the government accountability office puts out the report every two years. and
melissa: i'm melissa francis and here's what's "money" tonight. the government is dumping money into solar and wind power. but is nuclear power being left by the side of the road? the industry faces daunting challenges with the government playing favorites. we speak exclusively with the ceo of westinghouse electric. >>> north carolina makes radical new cuts to jobless benefits that will allegedly help boost businesses. should other states take notice, or will it discourage...
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Feb 14, 2013
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melissa: sure. >> one is value statement, melissa. the value statement is that people who work ought to not be earning poverty level wages. and certainly increasing the cost of labor will increase costs for business but, increasing, u know, providing usda inspections increases the cost of bringing food to market. it is still the right thing to do. i think small business owner is very, very wise in what heaid. this is not necessarily going to result in the loss of jobs, because there are other ways that businesses can go about --. melissa: that is not what he said. he said he will have to close locations and he will not open new locations and hire new people. i mean, jonathan, speak to christian's main point. you know it is idea that it's the right thg to do, that you want people that are out there other thanning minimum wage to be able to support themselves. that is value that makes sense. unfortunately the math and practicality of it operating in the real world is the money has to come from somewhere. >> well, indeed, melissa. wages
melissa: sure. >> one is value statement, melissa. the value statement is that people who work ought to not be earning poverty level wages. and certainly increasing the cost of labor will increase costs for business but, increasing, u know, providing usda inspections increases the cost of bringing food to market. it is still the right thing to do. i think small business owner is very, very wise in what heaid. this is not necessarily going to result in the loss of jobs, because there are...
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Feb 25, 2013
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melissa: i am melissa francis and here's what is money tonight. in the looming budget with automatic spending cuts, some lawmakers are actually giving money back to taxpayers. south carolina congressman geoff duncan is here to explain how he is doing it. maybe the white house should listen up. i don't know. with three days left until the sequester cuts, is the president resorting to scare tactics? joining us exclusively on whether we heard the administration cry wolf too many times. those hoping to cash in and not be making the money they had hoped for. dealers are getting slammed by taxes of all things. some hang as much as 75%. will uncle sam drive it back to the black market? even when i say it is not, it is always about "money." ♪ melissa: all right, first, let's start with the market moment. a rough day on wall street. worries on the outcome of the italian election and a growing fear the credit sequester driving stocks lower. all three major indices closing in the red. one bright spot, gold made a comeback today. precious metal posted its big
melissa: i am melissa francis and here's what is money tonight. in the looming budget with automatic spending cuts, some lawmakers are actually giving money back to taxpayers. south carolina congressman geoff duncan is here to explain how he is doing it. maybe the white house should listen up. i don't know. with three days left until the sequester cuts, is the president resorting to scare tactics? joining us exclusively on whether we heard the administration cry wolf too many times. those...
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Feb 28, 2013
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melissa: ryan. ask you as you go out and expand and out more and more branches how do youed decide where the tippingpoint is? i feel like everywhere i go i feel there is chase branch on every corner. >> i'm glad you feel that. we want to make sure customers feel convenes. we study how customers use the branches, what behavior looks like. we try to make the determine when we're at a right place. we have a lot of progress. we have a thousand branches in california. three or four years ago we had six 600. melissa: do you agree with that. >> absolutely. dynamics of branch would be profitable three or four years. >> we visited the branch in san antonio. just opened in the community. it was great. we have a great team of people. they spoke four languages. >> how many accounts they already have? i had it is amazing. >> it has been great. investment accounts. small business vts. consumer accounts. mortgages. it is just we're seeing that all across the country from san francisco to orlando to miami to l.a..
melissa: ryan. ask you as you go out and expand and out more and more branches how do youed decide where the tippingpoint is? i feel like everywhere i go i feel there is chase branch on every corner. >> i'm glad you feel that. we want to make sure customers feel convenes. we study how customers use the branches, what behavior looks like. we try to make the determine when we're at a right place. we have a lot of progress. we have a thousand branches in california. three or four years ago...
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Feb 11, 2013
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now it's time for melissa francis. ♪ melissa: i'm melissa francis, and here is what is "money" tonightsequester chaos. brutal budget cuts loom. both sides refuse to budge, and the economy is set to pay the price. director of the national economic council will join us on whether the white house can resolve it. plus, speaking his mind. delivering a fierce defense of conservative health care proposals and free-market sweat president obama's sitting right next to him. he said of a firestorm. dr. carson is here with his plan. that john dropping discovery by the federal trade commission gallatin's of millions of credit reports are riddled with errors. consumers don't even know about it. we have a top credit expert with the first thing you need to do to protect yourself. even when they say it's not, it's all about "money." ♪ melissa: on to our top story. one issue at the forefront, of course, sequestration. that is the $85 billion in automatic spending cuts that are set to kick in march 1st. that is less than three weeks away by the way. huge implications for americans and the economy if the
now it's time for melissa francis. ♪ melissa: i'm melissa francis, and here is what is "money" tonightsequester chaos. brutal budget cuts loom. both sides refuse to budge, and the economy is set to pay the price. director of the national economic council will join us on whether the white house can resolve it. plus, speaking his mind. delivering a fierce defense of conservative health care proposals and free-market sweat president obama's sitting right next to him. he said of a...
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liz: money with melissa francis is next, and have a great night. ♪ melissa: i'm melissa francis.id you check your work e-mails after hours? it may be time to get paid. a legal battle could have workers making overtime for picking up their blackberry outside the office. the fallout for businesses would be enormous. we've got the details. plus, how about a lawsuit with that college degree? yale and other top schools are suing their graduates for not paying back student loans. it is a growing financial nightmare across the country. you've got to hear this one. and turning tail in the persian gulf. the budget act is cutting the region's u.s. carrier fleet down to one. what could this mean for oil security? one of the reasons top security experts -- one of the ream's top security experts. even when they say it's not, it's always about money. ♪ melissa: all right, our top story tonight is a potential landmark legal case out of chicago. it could impact anyone with an employer-issued smartphone. a chicago police sergeant claim it is city owes him overtime pay for all of the time he's spe
liz: money with melissa francis is next, and have a great night. ♪ melissa: i'm melissa francis.id you check your work e-mails after hours? it may be time to get paid. a legal battle could have workers making overtime for picking up their blackberry outside the office. the fallout for businesses would be enormous. we've got the details. plus, how about a lawsuit with that college degree? yale and other top schools are suing their graduates for not paying back student loans. it is a growing...
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i know that melissa francis and lori rothman will pick up on that. melissa: we are. people getting hammered is a sign that the economy is getting better. lori: tobacco and alcohol gambling. those companies tend to do well when the country stinks. i am lori rothman. melissa: i am melissa francis. nothing can stop the post office from safi. only the weekend. lori: our money is under attack. the latest target in a string of the latest target attacks. melissa: jcpenney is one year into its major overhaul. we'll ask an analyst at this revamp is working. now it is time for stocks. nicole petallides standing by. we are struggling for games today. down five points. nicole: we have had three days in a row, basically, with triple digit moves. we have also had 14,000. we have not seen those level since 2007. here we are today right now about five points down on the dow jones industrial average at 13,974. something that i although noticed was the drug index. it has been a part of this move that we have been seeing. names like merck and united healthcare have been weighing on the
i know that melissa francis and lori rothman will pick up on that. melissa: we are. people getting hammered is a sign that the economy is getting better. lori: tobacco and alcohol gambling. those companies tend to do well when the country stinks. i am lori rothman. melissa: i am melissa francis. nothing can stop the post office from safi. only the weekend. lori: our money is under attack. the latest target in a string of the latest target attacks. melissa: jcpenney is one year into its major...
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melissa: good afternoon. i am melissa francis. lori: from 30 to three legacy airlines dwindling as we await a merger between american airlines and u.s. airways. melissa: the hottest thing on the nasdaq stock exchange may be the nasdaq itself. charlie gasparino is here as they talk to go private. lori: without any further ado, let's get you updated on the markets. we are joined by lauren simonetti. >> i want to particularly take a look at goldman sachs right now. hitting a new annual high. the investment bank says that equity markets kind of went too fast. they will slow down a little bit on their global theme. however, maintain will be tough. it is just too hard to maintain. we have the strongest start since the 1990s. melissa: oil prices rising for the first time in days. fox business contributor phil flynn is our man in the pits of the cme. >> what a reversal. oil prices were below $95 a barrel. everyone thought that they would start coming back down. a lot of focus, of course, a lot of talk about these currency wars. they have
melissa: good afternoon. i am melissa francis. lori: from 30 to three legacy airlines dwindling as we await a merger between american airlines and u.s. airways. melissa: the hottest thing on the nasdaq stock exchange may be the nasdaq itself. charlie gasparino is here as they talk to go private. lori: without any further ado, let's get you updated on the markets. we are joined by lauren simonetti. >> i want to particularly take a look at goldman sachs right now. hitting a new annual high....
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melissa: we'll see. lori: try to come up with a stupid pun on soft but i failed miserably obviously. >> don't get me going. lori: youly do. >> yes. melissa: it is quarter to. as we do every fifth teach minutes, nicole petallides on the floor of the new york stock exchange. >> ahead of the report coming out in the 4:00 p.m. show, we're looking at buffalo wild wings, bank rate and tanger factory outlet. all three names have up arrows. buffalo wild wings is the best of the bunch up nearly 5% ahead of its quarterly report. you do see up arrows on a day where we're really testing these highs at 14,036. we'll continue to watch these three names. it is so telling when each one of these names reports. for example, we had michael kors came out with their number showing great demand and avon products the same bit. when the companies cut costs or give outlooks that are stellar you see really big moves. we'll continue to watch buffalo wild wings, bank rate and tanger reporting in the four, back to you. melissa: keep
melissa: we'll see. lori: try to come up with a stupid pun on soft but i failed miserably obviously. >> don't get me going. lori: youly do. >> yes. melissa: it is quarter to. as we do every fifth teach minutes, nicole petallides on the floor of the new york stock exchange. >> ahead of the report coming out in the 4:00 p.m. show, we're looking at buffalo wild wings, bank rate and tanger factory outlet. all three names have up arrows. buffalo wild wings is the best of the bunch...
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melissa: we crossed it and now we are below it. i am melissa francis. the dow about 200 points shy of a new all-time high. lori: 157,000 jobs added last month. a small pit in the 12 million people still looking for work. we will be asking why a strategist is not buying into this rally today. melissa: breaking news on ubs new strategy. charlie gasparino is here on that in just minutes. lori: we are now just 30 days away from a huge reality check. sequestration deep across-the-board. let's get an update on the market as we do every 15 minutes. our very own nicole petallides. that jobs are for pushing the dow to 14,000. nicole: this is a really exciting day. when you see dow 14,000, it is a psychological level that sony people have been waiting for. we are back to those levels that we saw in 2007. at 13,997 and change. let's take a look at that s&p 500. also a winner there. you do see where we have that popped in the 10:00 a.m. hour. it jumped up and crossed into the 14,000 zone. 14,004 was the height of the day. we have seen bank and retail stocks doing v
melissa: we crossed it and now we are below it. i am melissa francis. the dow about 200 points shy of a new all-time high. lori: 157,000 jobs added last month. a small pit in the 12 million people still looking for work. we will be asking why a strategist is not buying into this rally today. melissa: breaking news on ubs new strategy. charlie gasparino is here on that in just minutes. lori: we are now just 30 days away from a huge reality check. sequestration deep across-the-board. let's get an...
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melissa: hi melissa frances lori: i am lori rothman. don't call a come back. better than expected earnings and that the housing report and the second day of testimony for ben bernanke. melissa: what should that apple shareholder meeting do with its $137 billion in cash? we will bring you the latest as ceo tim cook addresses investors. lori: in two days the sequester it. will you even notice? we are cutting through the sky is falling hype just ahead. melissa: new fears rising gas prices could spark the stock sell-off. chief market strategist jeff kleincop on the stock market peak. time for stocks as we do every 15 minutes on the floor of the stock exchange, nicole petallides standing by. the down near the high of the day. nicole: we are right now f-1437, high of the day was 1441. as you noted a couple points away from our highs of the day, we are up 137 points. it is a broad based rally. when you check the dow jones industrials, those 30 names, 29 of 30 are actually in the green with the exception of hewlett-packard, shows you we have retail stocks, drug stocks
melissa: hi melissa frances lori: i am lori rothman. don't call a come back. better than expected earnings and that the housing report and the second day of testimony for ben bernanke. melissa: what should that apple shareholder meeting do with its $137 billion in cash? we will bring you the latest as ceo tim cook addresses investors. lori: in two days the sequester it. will you even notice? we are cutting through the sky is falling hype just ahead. melissa: new fears rising gas prices could...
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that is my type. [ laughter ] melissa: i am speechless. i am melissa francis. lori: i am lori rothman. rbc wealth management ceo joins us on whether or not this pullback will last. melissa: is your wallet running on empty? consumers spend more on gasoline as a percentage on their income in nearly a decade. lori: the white house and action against china. let's get you updated on the market as we do every 15 minutes. nicole: you have to blame europe. let's take a look at the major market averages. you'll not see the dow 14,000. 13,887. that is a loss of nearly .9%. the tech heavy nasdaq is down one quarter of a percent. these were high levels that we have seen since october 2007. a lot of the bulls out there were really celebrating. the dollar is particularly strong today. it has been gaining momentum. i wanted to take a look at walmart. it downgraded today over at jpmorgan. the new price target is $75, down from $84. they talked about payroll tax increases. it is in a more competitive environment. the easy way for walmart is over. a little bit of a pullback is e
that is my type. [ laughter ] melissa: i am speechless. i am melissa francis. lori: i am lori rothman. rbc wealth management ceo joins us on whether or not this pullback will last. melissa: is your wallet running on empty? consumers spend more on gasoline as a percentage on their income in nearly a decade. lori: the white house and action against china. let's get you updated on the market as we do every 15 minutes. nicole: you have to blame europe. let's take a look at the major market...
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melissa: that u.s. productivity fell 2% in the fourth quarter to its lowest level in nearly two years. what does the next day to say about our economic recovery? what do you make of that productivity number? that jumped out at me. >> the move in jobless claims is certainly a good move. 350,000 should be consistent with a pickup in employment. over long periods of time, in the short term it is good news. that means that the economy grows and it will produce more job gains then it would in a hard coded to the environment. at this point, it is not unusual to see productivity slowing and, frankly, it is just what the doctor ordered. melissa: you think these reports put together are a good thing? >> i think they tell us that the pace of employment will call at the very least, hold steady if not accelerate. this is very important. you talked about the strong dollar. this year, as we look at the 2013 economic outlook, it really depends on the domestic economy improving. melissa: does it concern you, i mean, i
melissa: that u.s. productivity fell 2% in the fourth quarter to its lowest level in nearly two years. what does the next day to say about our economic recovery? what do you make of that productivity number? that jumped out at me. >> the move in jobless claims is certainly a good move. 350,000 should be consistent with a pickup in employment. over long periods of time, in the short term it is good news. that means that the economy grows and it will produce more job gains then it would in...
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Feb 25, 2013
02/13
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lori and melissa. worth a mention, monetary policy, right, peter is keeping the dollar depressed, devalued. >> competitive. competitive. melissa: competitive. lori: we'll leave it there. thanks very much. peter barnes. melissa: good point. he spent 40 years at the helm of aig and he is suing the federal government for bailing out the company. hank greenburg joins charlie gasparino. that is coming up next. lori: before we head off to break let's look at the interest rates. 10-year, people are snapping them up. back below 2% on the 10-year note. back with more after this. [ indistinct shouting ] ♪ [ indistinct shouting ] [ male announcer ] time and sales data. split-second stats. [ indistinct shouting ] ♪ it's so close to the options floor... [ indistinct shouting, bell dinging ] ...you'll bust your brain box. ♪ all onhinkorswim from td ameritrade. ♪ >> i'm adam shapiro with your fox business brief. according to the latest survey by the national for business economics, the economy will experience another
lori and melissa. worth a mention, monetary policy, right, peter is keeping the dollar depressed, devalued. >> competitive. competitive. melissa: competitive. lori: we'll leave it there. thanks very much. peter barnes. melissa: good point. he spent 40 years at the helm of aig and he is suing the federal government for bailing out the company. hank greenburg joins charlie gasparino. that is coming up next. lori: before we head off to break let's look at the interest rates. 10-year, people...
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Feb 15, 2013
02/13
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melissa: right. more than 100,000 people expected to attend this year's boat show and our own cheryl casone is taking the world's most luxurious boats on a test drive. melissa: putting your money under a mattress doesn't cut it anymore. we'll introduce you to a company offering a 4% return on your checking account. details ahead. ♪ ♪. at a dry cleaner, we replaced people with a machine. what? customers didn't like it. so why do banks do it? hello? hello?! if your bank doesn't let you talk to a real person 24/7, you need an ally. hello? ally bank. your money needs an ally. today is gonna be an important day for us. you ready? we wanna be our brother's keeper. what's number two wwanna do? bring it up to 90 decatherms. how bout ya, joe? let's go ahead and bring it online. attention on site, attention on site. now starting unit nine. some of the world's cleanest gas turbines are now powering some of america's biggest cities. siemens. answers. >> good afternoon, i'm sandra with your fox business brief. th
melissa: right. more than 100,000 people expected to attend this year's boat show and our own cheryl casone is taking the world's most luxurious boats on a test drive. melissa: putting your money under a mattress doesn't cut it anymore. we'll introduce you to a company offering a 4% return on your checking account. details ahead. ♪ ♪. at a dry cleaner, we replaced people with a machine. what? customers didn't like it. so why do banks do it? hello? hello?! if your bank doesn't let you talk...
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Feb 13, 2013
02/13
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melissa: thanks nor coming on. >> thanks, melissa.lori: there are pad days and then there are really bad days. definitely the latter for the biggest loser on the s&p 500. the stock is down 20% today and why. melissa: charlie gasparino joins us on exclusive details on the fight over herbalife. lori: let's check interest rates today. the stock market is something. they're selling treasurys too. everything. back above 2% on the 10-year. as you see on the 30-year the yield is 3.22%. we're back after a short break. all stations come over to mission a for a final go. this. step seven point two one two. rify and lock. command is locked. five seconds. three, two, one. standing by for capture. the most innovative software on the planet... dragon is captured. is connecting today's leading companies to places beyond it. siemens. answers. >> good afternoon, i'm sandra smith with your fox business brief. a chick check on the markets, the push for the all-time highs started with selling on wall street. the dow is down 42 points but off the lows of
melissa: thanks nor coming on. >> thanks, melissa.lori: there are pad days and then there are really bad days. definitely the latter for the biggest loser on the s&p 500. the stock is down 20% today and why. melissa: charlie gasparino joins us on exclusive details on the fight over herbalife. lori: let's check interest rates today. the stock market is something. they're selling treasurys too. everything. back above 2% on the 10-year. as you see on the 30-year the yield is 3.22%. we're...
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Feb 26, 2013
02/13
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melissa: exactly.ori: still ahead this hour, republican senator david vitter taking on fed chairman ben bernanke. he has been an outspoken critic of the fed stimulus plan. he is tracy byrnes, ashley webster's guest next. stay with us. how do traders using technical analysis streamline their process? at fidelity, we do it by merging two tools into one. combining your customized charts with leading-edge analysis tools from recognia so you can quickly spot key trends and possible entry and exit points. we like this idea so much that we've applied for a patent. i'm colin beck of fidelity investments. our integrated technical analysis is one more innovative reason serious investors are choosing fidelity. now get 200 free trades when you open an account. ashley: good afternoon, everybody, i'm ashley webster. >> i'm tracy byrnes federal reserve chairman ben bernanke defends bond buying. david vitter questioned the fed chief and here with us in moments. ashley: stocks hit session highs on word the fed's printi
melissa: exactly.ori: still ahead this hour, republican senator david vitter taking on fed chairman ben bernanke. he has been an outspoken critic of the fed stimulus plan. he is tracy byrnes, ashley webster's guest next. stay with us. how do traders using technical analysis streamline their process? at fidelity, we do it by merging two tools into one. combining your customized charts with leading-edge analysis tools from recognia so you can quickly spot key trends and possible entry and exit...
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Feb 14, 2013
02/13
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KGO
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come on, melissa. day by picking out gorgeous dresses for you. we have lara spencer inside. we have everything worked out for you. we'll help you select your cake. we'll help you select your flowers. i know you probably had in your mind that you were going to have to do all the work here. but you don't have to do any work for this because we have it all. i can see you're a little stunned and shocked. >> a little bit. >> come on in. come on in. and here you go. >> oh, my god. >> i'm going to hand you off to the wedding boutique of live love on "gma." >> congratulations. congratulations. i know this is probably a lot for you to take in. no pressure. but you do need something to wear. and so, terry hall is with me right now, from the bridal place to be. and say yes to the dress. we hope you'll say yes to the four that we have chosen. he gathered a lot of information. apparently, you've been posting some pictures, dreaming of your dream wedding on pinterest. >> i have. >> we pulled it down to four styles.
come on, melissa. day by picking out gorgeous dresses for you. we have lara spencer inside. we have everything worked out for you. we'll help you select your cake. we'll help you select your flowers. i know you probably had in your mind that you were going to have to do all the work here. but you don't have to do any work for this because we have it all. i can see you're a little stunned and shocked. >> a little bit. >> come on in. come on in. and here you go. >> oh, my god....
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melissa: i am melissa francis. the housing market kicking into high gear. ashley: zillow economist weighs in on which market is best for buyers. melissa: we will ask the ceo of citi mortgage. ashley: whiteout conditions expected to last well into tomorrow. time for stocks now as we do every 15 minutes. nicole petallides is standing by. nicole: last friday we closed out 14,009. that is our highest close in five years. while we are not too far off from that, about 20 points, we would still have a losing week here on wall street. it certainly feels full force here. people are trying to figure out how they will get home later. the tech heavy nasdaq is the best of the bunch. as you noted, with the snow, many places closing their branches. i want to take a look at a one-year chartier on the dow jones financials. inventory of furniture, automotive goods, they will sell by the most we have seen in three years. back to you. melissa: thank you so much. ashley: if you have money, life is good. the luxury real estate market on both coasts is still very hot. more homes
melissa: i am melissa francis. the housing market kicking into high gear. ashley: zillow economist weighs in on which market is best for buyers. melissa: we will ask the ceo of citi mortgage. ashley: whiteout conditions expected to last well into tomorrow. time for stocks now as we do every 15 minutes. nicole petallides is standing by. nicole: last friday we closed out 14,009. that is our highest close in five years. while we are not too far off from that, about 20 points, we would still have a...
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melissa: i am melissa francis. lori: i am lori rothman. we will learn how hi our deficits could rise. melissa: we will hear from the president in just a couple minutes. we will bring you the remarks live. lori: immigration reform also on the top earner today. we will hear from business leaders on how reform should be done. lou dobbs weighs in. melissa: our very own charlie gasparino goes one-on-one with municipal analyst. that should be very interesting. lori: let's get things started with the latest addition of stocks now. the 20 you see volatility here. the fix is to the downside today on a day where we are gaining triple digits, unlike yesterday where we love triple digits. the majority of the dow components are in the green. we have economic numbers showing expanding numbers in the u.s. service. we will take a look at a longer term chart. back to you. lori: thank you, as always. melissa: breaking news. the budget office releasing the latest numbers. what we can expect our deficit to be. rich: $845 billion for this year. this is the fir
melissa: i am melissa francis. lori: i am lori rothman. we will learn how hi our deficits could rise. melissa: we will hear from the president in just a couple minutes. we will bring you the remarks live. lori: immigration reform also on the top earner today. we will hear from business leaders on how reform should be done. lou dobbs weighs in. melissa: our very own charlie gasparino goes one-on-one with municipal analyst. that should be very interesting. lori: let's get things started with the...
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Feb 12, 2013
02/13
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melissa: you tax what you want to discourage. slap another tax on sneakers. lori: haven't you ever been to the store would you like to donate 50 cents to a charity. melissa: donation as opposed to a tax. that is the donate if you believe in it. lori: key difference but for something like that. melissa: all right. coming up tonight on "money" we have the ceo of tesla motors elon musk. he will join me to talk about the fake "new york times" review of the tessa s. he said, they came in. they did their test. it was relatively scathing. he looked at the car and yeah, it is "new york times." when they looked at it, wait a second, we don't even think they performed the test.
melissa: you tax what you want to discourage. slap another tax on sneakers. lori: haven't you ever been to the store would you like to donate 50 cents to a charity. melissa: donation as opposed to a tax. that is the donate if you believe in it. lori: key difference but for something like that. melissa: all right. coming up tonight on "money" we have the ceo of tesla motors elon musk. he will join me to talk about the fake "new york times" review of the tessa s. he said, they...
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Feb 14, 2013
02/13
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melissa: --.uld go on and on but unfortunately we have to split. >> you said we could go on and on. lori: i am curious how you see the march 1st deadline is approaching. we're looking at 11th hour similar to the fiscal cliff deal and having it be white-knuckle frustration times. tonight let's talk about what is coming up for you tonight at 7:00 and 10:00. melissa: that's right. michael boyd joins lou on the merger that created the world's biggest airline. what will that do to the future of the airline industry? >> raise prices? melissa: inevitably. but there are a lot of other nuances to it as well. so you have to watch. lori: let's watch the markets as we continue to do. go down to nicole petallides on the floor of the new york stock exchange. coach shares are sliding. >> a tough environment for retailers in the first place. today you have coach shares hitting a new annual low, a 52-week low. down 1.1% with the changing of the guard getting ready to occur for coach. so the long-time ceo, lew fran
melissa: --.uld go on and on but unfortunately we have to split. >> you said we could go on and on. lori: i am curious how you see the march 1st deadline is approaching. we're looking at 11th hour similar to the fiscal cliff deal and having it be white-knuckle frustration times. tonight let's talk about what is coming up for you tonight at 7:00 and 10:00. melissa: that's right. michael boyd joins lou on the merger that created the world's biggest airline. what will that do to the future...
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Feb 19, 2013
02/13
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melissa? >> thank you, kayla. i think key here is that it puts him in line with the likes of a jamie dimon. do you think that he's worth every penny as jamie dimon is? >> well, you can't ask me that. i'd say no -- >> separate your feelings. >> i think -- it doesn't really move the needle for me in the story at all. at all. unless he were just a wildly different compensation scream than this, doesn't matter to the story to me. >> let's continue to discuss stocks here. stocks hitting fresh five-year highs. is it time to take profits? joining me now is john stolsis. you made the point there are eight trading sessions, seven until sequestration and we could hit some speed bumps at this point. what kind of speed bumps are we talking about? >> i think what we're looking at is probably a lot of it will be rhetoric out of washington, d.c. both sides of the aisle have significant con stitch when sips that need to be paid homage to, but ultimately what we think is, we're going to get a deal. either a cl
melissa? >> thank you, kayla. i think key here is that it puts him in line with the likes of a jamie dimon. do you think that he's worth every penny as jamie dimon is? >> well, you can't ask me that. i'd say no -- >> separate your feelings. >> i think -- it doesn't really move the needle for me in the story at all. at all. unless he were just a wildly different compensation scream than this, doesn't matter to the story to me. >> let's continue to discuss stocks...
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Feb 7, 2013
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melissa? >> josh, thank you.i guess it depends on where you think coinstar is in that u. >> yeah. >> i was hoping more for a v-shaped recovery. full disclosure, i'm short puts in this name. i shorted puts at the 45 and 40-put strike. they're still okay so far. but the stock is down to roughly $48, $47.70 in the afterhours. i think when you team them up with verizon, which they have done already, but i this i the marketing to the 144 million verizon people, people that have contracts with verizon, i think that's going to be huge for these guys. i think the stock is back to $60 by june. >>> o'reilly automotive speaking 8%. reporting record same-store sales last night after the bell. so, guy -- what do you think? >> the quarter was very good. their guidance for next year was very good. but i happen to think that the runup today was a little too much now in the name. though, the whole space has done great. auto zone, o'reilly, peter paul and mary one, what's that -- >> pby? >> pep boys? >> an, to me is the name that'
melissa? >> josh, thank you.i guess it depends on where you think coinstar is in that u. >> yeah. >> i was hoping more for a v-shaped recovery. full disclosure, i'm short puts in this name. i shorted puts at the 45 and 40-put strike. they're still okay so far. but the stock is down to roughly $48, $47.70 in the afterhours. i think when you team them up with verizon, which they have done already, but i this i the marketing to the 144 million verizon people, people that have...
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Feb 15, 2013
02/13
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melissa. >> good morning. we're finally hearing from passengers of the crippled carnival triumph cruise ship. it reached port in mobile, alabama after 9:00 p.m. central time. it took four years to get them off. some ran off cheering, kissing the ground when they returned to land. a fire in the engine room forced them to spend days on board with overflowing toilets, little food, no electricity. it was supposed o pull into port thursday afternoon but a tow line connecting to a tugboat snapped. >> it was literally like being in a floating porta potty. human waste everywhere. the crew was great, though. they did a really great job on keeping our spirits up. it was tough. >> many passengers who got off the ship boarded buses to various cities to catch a plane out. carnival now offering them free cruises and cash. at the live desk, melissa mollet, news 4. >>> a family that lost their home to fire says they will rebuild. 66-year-old geraldine key died in that blaze. firefighters say a kerosene heater sparked the fire
melissa. >> good morning. we're finally hearing from passengers of the crippled carnival triumph cruise ship. it reached port in mobile, alabama after 9:00 p.m. central time. it took four years to get them off. some ran off cheering, kissing the ground when they returned to land. a fire in the engine room forced them to spend days on board with overflowing toilets, little food, no electricity. it was supposed o pull into port thursday afternoon but a tow line connecting to a tugboat...
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Feb 5, 2013
02/13
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we'll be right back with melissa mccarthy.round the. ♪ [ male announcer ] start with a groundbreaking car. good. then invent an entirely new way to buy one. no. no. no. yes! a website that works like a wedding registry. but for a car. first, you customize it. then let people sponsor the car's parts as gifts. dad sponsors the engine for your birthday. grandma sponsors the rims for graduation. the car gets funded. then you pick up your new dodge dart at the dealership. and all that's left to do is say thanks. easy. ♪ that's what i'm here for. fund, i'm gonna get you every single penny that you deserve. if there's a refund out there, i'm gonna catch it and bring it back to ya. come on in. and under 550 calories each. you have to taste it to believe it. i believe it! i can dig it! [ male announcer ] uh oh. yep, they tasted it. big flavor, big portions, starting at just $9.99. see you tomorrow. starting at just $9.99. this is dylan right here, this is dylan, and this is his big brother hayden. dylan's only five, but he's already be
we'll be right back with melissa mccarthy.round the. ♪ [ male announcer ] start with a groundbreaking car. good. then invent an entirely new way to buy one. no. no. no. yes! a website that works like a wedding registry. but for a car. first, you customize it. then let people sponsor the car's parts as gifts. dad sponsors the engine for your birthday. grandma sponsors the rims for graduation. the car gets funded. then you pick up your new dodge dart at the dealership. and all that's left to do...
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Feb 9, 2013
02/13
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and melissa, the highest they've ever had is 27.2 inches. this is going to be top 10, top 5, who nose, maybe even number one by the time it's all said and done. >> i know obviously a lot of the governors have been making the decision to get cars off the road. what is the primary danger other than the traffic danger that is faced for residents in these areas? >> unfortunately, there is always some knuckleheads that are going to go out there on the roads when everyone has been told to stay off of them. now it's snowing up to about 3 inch answer hour. this is where the cars get stuck. it snowed so hard, the plows can't keep up with it. and then you're in the middle of some interstate, in the middle of nowhere, and you have to call the rescuers to come get you and you'll be stuck for 12 hours. there will probably be hundreds of people stuck tonight. i'm sure they minimized it, but it's going to happen tonight. the concerns are for the rescuers out there in the middle of the night doing this. and then the power outages. tomorrow morning, the last
and melissa, the highest they've ever had is 27.2 inches. this is going to be top 10, top 5, who nose, maybe even number one by the time it's all said and done. >> i know obviously a lot of the governors have been making the decision to get cars off the road. what is the primary danger other than the traffic danger that is faced for residents in these areas? >> unfortunately, there is always some knuckleheads that are going to go out there on the roads when everyone has been told to...
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Feb 21, 2013
02/13
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>> here's what i think, melissa. if you take a look at tablets and smartphones that have been sold in, that are working out there right now, active tablets and smartphones, there are 2 billion of those out there in the marketplace, approaching that. a billion of those have been sold in the last year. so, i think all those, whether smartphones or tablets, all of them have the same need, which is, what are they going to put upon them. >> okay. we're going to leave it there, michael. good to see you. >> nice to see you. thank you so much, you guys. >> michael burns. dr. j, where do you stand on this stock or other media -- >> this is one, of course, that carl icahn got rebuffed on and nearly triple from where he tried to buy it. imax, we talked about on this program for unusual activity. 12% higher in the last month. 24% in the last quarter. new 52-week high today on double normal volume. i think you take some off but i like both this one and lionsgate going forward. >> next on "fast," jane wells is looking for the next
>> here's what i think, melissa. if you take a look at tablets and smartphones that have been sold in, that are working out there right now, active tablets and smartphones, there are 2 billion of those out there in the marketplace, approaching that. a billion of those have been sold in the last year. so, i think all those, whether smartphones or tablets, all of them have the same need, which is, what are they going to put upon them. >> okay. we're going to leave it there, michael....