here is melissa francis. melissa: absolutely. take it away it looks beautiful there i'm so jealous. feeling the heat. apple's so-called enormous year in focus but where are the products? the developers conference is happening right now as we speak. we're there live. it will take a whole lot of bleach to blot out this stain. how a billionaire, golfer superstar and las vegas gambler got caught up in a probe that not even hollywood can make up. let's hope the selfie was worth it. how the nsa is harvesting millions of pictures you're sending in emails and texts. are have you heard about this? even when they say it's not it is always about money. melissa: breaking news right now from the apple worldwide developers conference. tim cook kicking off with a keynote address. unveiling a new operating system. shares are down slightly. not everyone is impressed with this. joining for our discussion, charlie gasparino, james freeman of "wall street journal" and john has max farris of max funds. fox news contributor. nerd all over the globe converge. i've been to it. it is so nerdy you wouldn't b

we turn things over to melissa francis. "money" starts now. happy friday. melissa: happy friday to you. send the beer over our way. don't hoard that over there. president obama warns on the deteriorating situation in iraq. no plans to send troops back in. >>> the valley moving to capitol hill. the turns out odds-on-favorite for house majority is pretty tight with some of the biggest names in tech. >>> speaking of the popular kids, what your teenage years mean for your future success. >>> the grass not greener in brazil. the world cup in need of an extra dose of spray paint an fungus removerrer. even when at the say it is not it is always about money. melissa: starting off in iraq, president obama addressing the situation today saying he won't send any u.s. troops into the country. oil up on the news and fears of more disruption in the market could push prices even higher. james frischling and james freeman of "wall street journal" and fox business's very own jo ling kent. this is a story getting bigger. we can't take our eyes off it. jo, what do you think? >

meantime melissa francis is here. melissa: yes i am. thanks so much. giving up the fight. mcdonald's backs down as wage rates sweeps across the nation. it will support any pay hike proposed by the white house. >>> big recovery or is it? we're 100,000 jobs away from clawing back all those lost during the recovery, if you forget about population growth of course, but definitely turning into a case of quantity over quality? or maybe not. how doctors have figured out away to erase huge chunks of your mind and could come at a pretty high price. even when they say it's not it is always about "money." melissa: all right. hank greenberg might be about to get a few helping hands. according to our own charlie gasparino, the former aig chief executive is in talks with major investors to fund his lawsuit against the federal government. charlie is here now along with "wall street journal's" veronica dagher and barron's jack otter. >> talk about alternative invest? you could invest in lawsuits. several major investors are investing in hank's lawsuit about the legality of the aig takeove

we'll talk more in case, melissa francis, right here, with "money." melissa: absolutely. so hold the fireworks. this jam-packed holiday shortened week, set to be a true test for the economy after that lousy fdp report and it ain't easy being rich hillary clinton can't seem to stay out of the "money" spotlight. her defense as outrage grows over how she is making those millions. >>> facebook altering news feeds to see how people respond. the reaction? complete outrage. >>> retail's worst nightmare is getting even harder to track. even when they say it's not, it is always about money. four days, five huge indicators of our economic fate. july 4th may mean a short work week but economic worries not taking a holiday especially on the heels of that gruesome gdp number. key numbers on manufacturing, auto sales and construction due tomorrow. with the jobs report expected on thursday, here now very own charlie gasparino, along with "wall street journal's" veronica daguerre and james frischling. what do you expect with the economic indicators? that is lot to throw out on a short we

mel is saw tennessee melissa francis is here, "money is next. melissa: that's right, happy monday to you. iraq is deteriorating. details, details. new york's comptroller says $13 an hour would do wonders for the economy here in new york but didn't bother to find out if that meant companies would fire people. and starbucks offering free college classes to workers. there is one huge catch though. turning to detroit, the plan of start-up cities springing up across the u.s. because even when they say it's not, it's always about "money." ♪ ♪ melissa: sunni militants capturing another key city in iraq, this one in the north along the highway to syria. meanwhile, the u.s. is scrambling to move staff from embassies in baghdad as president obama considers working with iran to stop isis rebels. joining me now, our very own list macdonald and jack howe of barron's. spencer, what do you think? >> well, it's a very difficult situation, and there's no easy answers. and, you know, we're pulling out. president obama said we're not going to send in more troops, s

we have to go to melissa francis. she is up next with "money," thai thank you very much. we like you have eye on both. gopro going, lists on nyse. we bring you latest on that story. forget the smart watch. we have another product getting all the buzz. find out why they want you to start wearing a cardboard box on your head. i'm not even kidding. another company jumping on $10 an hour bandwagon. not even ikea is immune to wage rage sweeping the nation. even when they say it is not, it is always about money. melissa: financials getting crushed forking the new york attorneyen's lawsuit against barclays. here is fox business's very on charlie gasparino gas. he broke it yesterday on the show along with "wall street journal" simon constable. what is the latest, charlie. your phone rang yesterday. you broke the story on set. is it about to break again. >> power to prosper. melissa: it is locked. i like that. >> what is interesting we should show a stock chart of the firms, if you notice credit suisse, ubs, deutsche bank, should be up there, barclays they have all the biggest, i

melissa francis is here. "money" starts now. melissa: all right, thanks so much. happy monday. high-stakes mission. secretary of state john kerry in baghdad looking for answers as the militant army advances and founder of gone wild. both lululemon and american apparel fending off controversial retail icons who are fighting to regain control. >>> the washing and talk comes to wall street. a hollywood power player set to take "flash boys" to the big screen. can high frequency traders handle the truth? >>> the world cup kick in the gut, they finally get me to watch and it ends in a tie? a tie? because even when they say it's not it is always about winning. melissa: sigh of relief from the housing market. "money" told you about the two-year recovery faltering in the housing market amid rising prices and low paying jobs. existing home expectations beat expectations seeing the highest monthly gain in three years. here is fox business's own charlie gasparino, jo ling kent and "wall street journal" spencer ante. what do you guys make of this? what do you think, charlie. >> economy is s

we turn things over to melissa francis now. "money" starts now. melissa: thank you. never mind the nearly 2 million jobs lost in the sack there near the recession. he has changed the car, a spaceship. changing how we power the world and how we pay for that. child killer. the smart phone looking downright ingenious. how iphone organs could be the future of medicine. doctor mani is here. it is always about money. ♪ melissa: first to the growing crisis in iraq. militants continue their murderous advance towards baghdad. let's bring in tracy byrnes, brian kill -- >> i think of it as security. we have 125,000 troops during the search. that barely got it done. i do not think that a decision has been made yet. here we are on tuesday and we are still kind of figuring it out. >> i feel like the situation is blowing up. it feels like dÉjÀ vu all over again. all we are doing is seeing the market. jittery again. you have libya. ukraine. you have all the stuff playing into oil right now. going into the summer driving season. that is not so great. shares soaring. he is very quick

melissa francis joins me now. melissa: charlie gasparino, just called you a car geek. adam: i am. melissa: thank you so much, adam. i know you are. the obama administration 40-year first. not so fast. here this before you believe oil exports are coming back. >>> google striking in its never-ending battle against apple. what it has planned for your ever-connected life. >>> the race to the poor house. bill clinton now chiming in as wife hillary and vice president joe biden battle who has it the worst. >>> sorry, amazon. welcome to the no-fly zone. the faa ruling that is grounding any hopes of drone deliveries, because even when they say it's not, it is all always about money. melissa: the supreme court pulling the plug on aereo's streaming television service. the court ruling 6-3 against the startup. the broadcasters loving it. shares of traditional networks are surging on the news. here fox business's very own charlie gasparino, "wall street journal's" james freeman, and former host, gregory rayburn. thanks for joining us. barry diller. very brave talk out of the gate. it is not a

with that in mind we turn things over to rocker melissa francis, "money" starts now. melissa: i will get my bid in. thanks so much. a slap on the wrist. numbers show apple's iwatch debut could be an absolute disaster. she snoozes, yahoo! loses. marisa mayer's controversial catnap that kept advertising executives waiting for hours. latest attack on economy, san francisco selling parking spots to the highest bidder. if you can't stand the heat, head back to free agency. the big money battle for lebron and what his wife is tweeting. even when they say it's not it is always about money. melissa: tech community may be all aflutter about the apple's iwatch but rest of you are greeting it with a giant slug. shrug. only 14% of consumers would buy an i watch priced at $350. it's a bargain. we have charlie gasparino. elizabeth macdonald and jack hough. would you buy one of these things? >> this survey is meaningless. 350 bucks, we don't know it will sell for that. we have no idea -- melissa: well, 41% said they wouldn't buy it regardless of price. >> they don't know what it is g

with that in mind we turn things over to melissa francis. she takes you through the next hour of. melissa: we're already having a ball here on the set. it is official. seattle sets the highest minimum wage for my met dropped police on the land. some say it is setting a scary new precedent for cities everywhere. 99 problems, one is on your couch. how more and more new grads choose to live at home in the long term it. it is not doing their future any good. stand by your man, golfer phil mickelson may be at the center of one of the strangest insider trading probe in years. that is not scaring away his sponsors. even when they say it's not it is always about money. melissa: carl icahn is joining the mortgage party. the billionaire investor buying $50 million worth of shares in fannie mae and freddie mac. that means he joins old nemesis bill ackman and other big investors on the mortgage bet. let's bring in our panel. fox business's charlie gasparino. we also have tracy byrnes and barron's senior editor jack hough. what do you think of this one, charlie. >> wish we had dick bove but he

we turn things over now to melissa francis. "money" starts now. melissa: all right. thanks so much. not ruling anything out. president obama considering action as the situation in iraq really starts to crumble. wall street watching this one closely. stocks losing ground right now. we're down 110 points. oil jumping to a nine-month high. a lot of concern here. >>> facebook upping the creep factor. the new plan to target you with ads, even when you're not on the site. >>> care for a can of fish bladder or anti-trees? we're topping the pop in this hunt to find out exactly what is in your beer. even when they say it's not it is always about money. melissa: situation in iraq really es can lating after sunni militants surround the largest refinery. president obama said this earlier. >> we do have a stake in making sure that these jihadists do not get a permanent food hold. melissa: we have todd schoenberger, fox business's and "wall street journal's" veronica daguerre and tom sullivan. >> iraq is 2 1/2 millions barrels a day. melissa: 3 1/2. >> i never asked them as a -- considered them a

. ♪ melissa: i am melissa francis with your fox business brief. up to $2 billion.ia network which has been known to report. it also has a tv show on hbo. the company wants to open five stores there by december. before expanding aggressively through franchises. third time is the charm. united continental wants to follow in making changes to the frequent flyer program. it's mileages plus program has around 95 billion numbers. that is the latest from the fox business network. giving you the power to prosper. ♪ stick with innovation. stick withower. stick with technology. get the flexcare platinum from philips sonicare and save now. philips sonicare melissa: whether it is on wall street or main street pick, international sales and cost cuts. boosting the profit growth. jumping nearly 6% right now. that is good news for chairman of the board. $3 million. meanwhile, marijuana lighting up colorado's economy. the state sold $22 million worth of recreational maple. speaking of relocation, waffle house managers are under fire for denying a waitress for thousands dollar tip.

. ♪ melissa: i am melissa francis with your fox business brief.ting jobs as a result of lower revenues and low trading volumes. very likely the think will cut back if things do not turn around soon. a new call for peace the president to step down just days before the world cup. allegations that hunter may have given bribes to host the next tournament. former time warner cable ceo has passed away at his home in new york. that is the latest from the fox business network. giving you the power to prosper. ♪ melissa: we have breaking news right now. a press conference at 4:30 p.m. eastern time today. david -- that will be at 4:30 p.m. the wage race continues. one restaurant in kentucky is getting ahead of the trend. $2.13 an hour. that is when you are tipping someone. to $10. kissing goodbye their tips. what is the reaction? why did you do this? >> we just did it to protect the servers, actually. basically, you have heard the horror stories when there is a $200 check and they leave $2. we are trying to cut that across the board. melissa: one that they

fox business news anchor melissa francis is in new york. what does this mean? >> well there's this term economists just called escape velocity when an economy breaks out, stops the sputtering, the starting and stopping and it really breaks out to a real recovery with sustained growth. everyone thought that was going to happen this year. a lot of people. a lot of economists. certainly the government did. this poured cold water on that idea. >> is there a sense why this is happening? >> a lot has to do with consumer spending. wendell mentioned that. you can blame part of that on the weather. look ti fact we have very high unemployment. jobs people have gotten are not paying well. they are part time jobs. if you have a job your wages are stagnant. people don't have money in their pockets and consumer spend cigarette two-thirds of what fuels our economy. >> could it mean we're headed back into a recession. >> there are some economists who are saying that. that might be a little too severe. there are sign of life in the second quarter. we've seen some good housing n

. ♪ melissa: i melissa francis with your foxbusiness pre.ring people the chance use an iphone and a free one week trial. it is urging trial-- customers to cheat on their carrier and enjoy every second victory at a love it. those folks will pay no charges less about his broken are not return. this ship sinking. one, shares plunging today after profits drop more than 25% last quarter. coming with investors to bear with it as it starts to some items online. 312,000 workers filed for first-time jobless benefits last week, just slightly better than the 340,000 expected by economists. claims continue to drop this time my round 4000 people. that is the latest from the fox business network, giving you the power to prosser. melissa: bringing the noise, janet yellen describing the recent inflation data as being noise. the some for yourself. >> i think the data we are seen is noisy. i think it's important to remember that broadly speaking inflation is evolving in line with the committee's expectations. melissa: fed chair basically yelling on inflation.

. ♪ >> i am melissa francis with your fox business brief.ainst gm over in ignition switch recall be transferred to a judge in new york. a company in the state. shares of time are falling. the spinoff is the latest by time warner. no longer be subsidized by a more lucrative business. both of which are held by cofounders reed hastings. that is the latest from the fox business network. giving you the power to prosper. ♪ the 12 detroit is making a big gamble on its casinos. gaming revenues are flipping. adam shapiro is here. you have been all over this story. betting big on casino revenue, basically. >> yes. people are not gambling like they used to. they are relying on a great deal of money. already, revenue is down 4.75%. >> why worry about tomorrow what you can do it today. >> look at the wealth across the world. it will not fix detroit's problem. they should sell big parts of detroit, seller to private enterprise. that is really the key to detroit's turnaround. melissa: they should cut on retired people that want to live in a huge community.

from corn and farming to lovely melissa francis is coming up right now with "money." melissa: love the transition. thank you, cheryl. coming housing boom pegged to get this, america's young adults, never mind the fact one in three still live with their parents and biggest week for ipos since 2006. but big-time tech investors still aren't happy. could this be a sign of the top? buyer beware, the one word that sells $40 billion worth of food each year around means absolutely nothing. >>> and paying up for some will power. we'll introduce you to a company that will help you unplug for a price. because even when they say it's not it is always about money. economic realities hitting home for more than 40 million american families. a new study out of harvard university finding that 35% of u.s. households can't afford their current living situation. with me now, "the wall street journal"'s veronica dagher, editor of power trend profits. and dominic tavella of diversified financial. thanks to all of you for joining us. what that means their rent or their mortgage consumes 30%

melissa: i'm melissa francis with your fox business brief.each a $12 billion settlement to end probes into its mortgage business. that includes $5 billion paid toward consumer relief. this settlement would come close to surpassing the $13 billion paid last year by jpmorgan. >>> virginia officials ordered car services uber or lift to stop operating in the state or face big fines. virginia claims the services are in violation of state law. uber says it has no plans to stop anytime soon. >>> the world's second biggest cell phone company said many cars made by consumers are tapped? new report by vodafone reveal government sage agencies around the world use secret wires to eavesdrop on conversations. that is the latest from fox business, giving you the power to prosper. melissa: not jacking around. a new report suggests that apple is planning to abandon its traditional headphone jack. is this is the true reason the tech titan spent $3 billion on beats? here is tech entrepreneur amed shaw and jo ling kent and fox news contributor jonathan hoenig. d

melissa francis and charles payne, both on fox business. how is the show going?. eastern time. bill: this fellow, the cleveland clinic about as good as it gets for health care anywhere around the world. he said what? >> he said we will have layoffs at the cleveland clinic, getting payback less for obamacare, 75% of all healt health care costs e going to be the ones paying the bill. any time you to business owner, they know the math of what is going to cost for me to cover this person, my self versus what is the penalty for not covering them in every case they know the penalty is cheaper and so that is what they do, they drive these people out of the exchanges and he says that is the plan all along. bill: charles, do you agree with that? >> it is hard to find anyone who is a business person talking without being partisan not agreeing with that. to have to ask yourself what are the consequences? some of the things they talked about recently was forgetting about quality for efficiency. lowest cost possible kind of stuff. this is what people worry about. maybe someth

francis cap. a self-prescribed political junkie. he was on the campaign, and the lieutenant governor. he has done social media work, typical in terms of this area in the san francisco area. >> melissahan in san francisco. >>> a hacking ring that stole $100 million worldwide. who investigators believe is behind it. that's next. >>> and the rehabilitation in regard to bowe bergdahl, why some say he is a deserter that should be tried for treason. >> a shocking number of these eyewitnesses get it wrong >> how much would you remember? >> dark complected... medium height... you described most of the majority of the men in america >> sometimes witnesses get it right >> when you have an eyewitness to say i saw him do it, that is the best evidence. >> and sometimes sometimes they don't >> no one is listening to us... george is innocent... >> the system with joe burlinger only on al jazeera america >> talk to aljazeera only on al jazeera america >>> russian smokers have to take their habit outside. 40% of the country smokes, and a law now prevents them lighting up in restaurants and bars. it could save 200,000 lives. violating the regulation will cost more than $90 per fine. the justice depa