betty: according to carnival ceo arnold donald, the millennial, -- millennial generation, as you mightefies stereotype. and providing wi-fi is far from the only magical bullet to get them to cruise more. arnold: the millennials all over the place are just like every other generation. some millennials like heavy social exchange and interaction in terms of parties. some just like doing it on the internet. some want more private time. a lot of them are adventure seekers. a lot of them want to give back. they like impact travel, travel where they can go do something and help a local community or help an individual, that sort of thing. betty: do you even need to get millennials more cruising? is that a misperception of the industry? arnold: i think it is a little bit of a misperception. in our brand, families cruise. we have weddings on our ships, and those are often young people getting married, and they have chosen a cruise as not only their honeymoon experience but their wedding ceremony experience and their wedding reception experience. so we have millennials on our ships around the wor

i think the russian millennials are probably more engaged than our millennials. >> there are the millennialsrmed forces and it's a class issue to being serious here. the working class kids that go into our armed forces that are millennials are incredible. they do great things, they're smart. we need to give them -- they get screwed by the moronic millennials who go to college and a lot of these big companies won't hire those millennials that were in the army and the armed forces that fought. they're up for the ivy league morons. neil: never called anyone a moron or never called anyone a name. >> he agrees with me. neil: do you agree with that language? >> do you agree with what i just said? >> yeah. >> charlie you came up with the exception that proves the rule. the children that choose to go into the armed forces do want to engage. >> and these companies discriminate them to engage with other people. for the clowns you had on the show earlier. neil: all right, well what are we up to now? the average age of the viewer now is 89 and on oxygen? all right, i knew the apple watch was cool, wheth

so we have millennials on our ships around the world.etty: but the cruising industry does not live and die by getting millennials on their cruise. arnold: they do not live and die, but you want to build your base for the future. betty: still to come, the one destination that every cruising company is ready to court. how big is china going to be? >> it will eventually be the largest cruise market in the world. ♪ betty: the cruising industry has built its success in the west, but halfway around the world, there is another market on the horizon they could change the game completely. richard: the demographic shift in china and the growth of the middle class is one of the biggest single demographic explosions in history, one of the big demographic shifts we have gone through has been the baby boomer generation. what's happening in china today makes that look insignificant. betty: royal caribbean ceo richard fain says that in a few years, the middle class in china will not only be bigger than the middle class in america, but bigger than americ

. >>> whiney millennials now, now i'm told they hate being called millennials. millennial.l guys like gas are giving millennials a bad name. >> millennials never eat at very good restaurants. they don't know food. what's their big drug now? ecstasy? >> we did mind expanding drugs, most millennials are losers they're educated and student here's the thing we've got going for us the millennials are so dumb they can't catch us. neil: we call charlie our renaissance man. a majority of millennials hate being called millennials, gaspo, we have three of them here, christie, jillian and michael, so do you hear that? >> i heard that. i think cry baby boomers like gasparino might make us not enjoy being called millennials. neil: what bugs you about the title? >> the title itself is fine. neil: you are younger than millennials, right? >> i'm 26. neil: don't rub it in. that's fine. >> sorry about that. you look 26 right? you're a millennial. neil: thank you. but what is it the constant use of the name? the negative things attached to it. >> the negative stigma attached to it entitled, l

neil: what about the millennials we had? hated you. >> let me tell you, when i listened to the boring and winey millennials. >> they think you're boring. >> want to let people know, they are so boring the millennials. neil: charlie runs upstairs at fox business, and he caught this our charlie gasparino proving he's hip and reaching out to the millennial audience and says -- [ laughter ]. neil: what are you doing? what is going on here? >> my arms look big there. neil: you're a handsome man. notice under the rubbish, 17 different lunches. >> something just moved in the back. neil: i'm reading into all of this, there's a lot of envy here a lot of envy here. >> someone slipped me a molly. [ laughter ] >> you're drunk. >> neil on a serious note. what i'm worried about, i look at data from 2000 last time when we had low unemployment and you see median income starting to drop. this time you're going to see the same thing for the kids that are going into college once two or three, in and the economy turns down again which it probab

so we have millennials on our ships around the world.t the cruising industry does not live and die by getting -- being able to draw millennials on their cruise? arnold: it does not live or die by it, but obviously you want to build your base of followers for the future. betty: still to come, the one destination that every cruising company is crazy to court. how big is china going to be compared to north america? arnold: eventually, china will be the largest cruise market in the world. ♪ betty: the cruising industry has built its success in the west, but halfway around the world, there is another market on the horizon that could change the game completely. richard: the demographic shift in china, going into the growth of the middle class, is one of the biggest single demographic explosions in history. one of the big demographic shifts that we have gone through is the baby boomer generation. it has been an enormous and that bubble has dictated a lot of american industry. what's happening in china today makes that look insignificant. betty:

, i think millennials need to get out get a job make their own way in the world. that is how you develop independence that work ethic that will keep you above competition in your field. neil: can i introduce you to my daughter. >> i am note sure my girlfriend would like that. neil: all right many millennials dis agree. >> i am not saying you can't live at home for a while take baby stipes, but this is huge mistake for millennials to rely on their parents for 2 to 4 years, they will never beat competition. >> i disagree. it is nice to have your family support you while you safe money, for example -- >> they don't really want to do it. >> my parents are happy. neil: you seem like a nice young lady. they don't want to do it because they are squandering their retirement savings because they love you to death. >> i don't think squandering anything. i think it important i want to save for a house, i am 26, i just graduated from law school, i want to put 20% down on a house. neil: are you living at home now? >> i am. >> i have not lived at home since i was 17. neil: did

how do you profit off the millennial generation? the head of the investment strategy at bank of america merrill lynch joining us to discuss very interesting research. >> thank you. >> so i have to ask this tech generation that is obsessed with social media, snapchatting you're saying they're a generation that marketers and companies should be targeting going forward. >> there's two key points to stress here. the first is from a demographic perspective. the u.s. is going to overtake the boomers as the largest living generation in american history. the numbers won't peak until 2036. we have to stress there is 2 billion millennials around the world. 86% in emerging markets and you're looking at 27 to 30% of the population and the second key point is their income and their wealth. when you take a look at the u.s. millennials account for $1.3 trillion in consumer spending. they'll overtake by 2018 and by 2025 we'll be look at $8.3 trillion worth of annual consumer spending coming from millennials. >> you highlight the strong purchasing p

millennials according to a "gallup poll," 44% of millennials. this is an astounding poll, reveals 44% of millennials believe privacy is kept most or all of the time by businesses or companies and they trust business but they don't trust the nsa, joanne. what is going on with the millennials? >> not that us millennials are too trusting we're blissfully ignorant. there are things we'd rather not know. lou: i would say the nsa and other government agencies can get behind that your thoughts? >> i think when you have a generation raised on reality television that tends towards a certain exhibitionism, yeah, it makes sense, not so much they're not concerned about privacy they really want people looking at the photos. lou: and that may go hand in hand with the other finding on millennials. a pew research poll finding millennials who do not consider them religious is rising. 25% used to call themselves unaffiliated, now 34%. god is not dead but pushed to a corner. >> religion isn't cool. that's the thing. if you preach that you believe in something, it

. >> i think the millennial group is a group that is suspicious of institutions in general. and so they have these questions, and hay, we see it engage. >> he is a scholar, the professor of history, and joins us from sounds bend indiana. >> welcome to the programme. of all the data that came in the study, what jumped out at you, what tells the story of where americans are at religiously in 2015. it's the rapid growth of nuns. americans, younger americans with no religious affiliations. it's a trend that has been building, but it's a jump to one-third of the population, that says we are not affiliated with. that is striking. >> what is the difference twine affiliation and belief, between belief and practice. >> if we want to look at the pattern in your opening piece, you talk about america going through what is called secularisation period, slower than other countries, we have been considered to be distinctive. i think it's too early to say that we are going through secularisation. and it gets to your question. it's one thing to say i'm hostile towards belief and practice and

brands have a millennial problem?about mcdonald's with the millennial problem. >> not nearly as much. pp.o bell has a great a they have been a leader on that. the brand appeals to millennials . when kids get their first car, they go to taco bell. it doesn't seem like they have had a millennial problem but they must feel as though this is keeping pace with the rest of the industry. >> what about the cost to taco bell? did they say how much this conversion was going to cost? >> they did not give a specific number. there were very emphatic that this would not lead to a hike in prices. they must feel like the supply is there. ahead -- the fight among broadcasters to keep up with the competition. you will hear what the founder of aereo has to say about charter's bid for time warner cable. ♪ . . betty: it is 3:00 p.m. in new york. anchor: this is the bloomberg market day. traders save the federal reserve is being too optimistic when it comes to the u.s. economy. we will talk to one portfolio manager. anchor: a washington po

that's the millennials.eil: do you think the businesses, a lot in the leash, and you are hospitality industry where pay is higher anyway, this is the only way they can recruit if you pay minimum wage it's not going to cut it. you have to pay the figures to get them off the couch. >> what they're looking for is labor, and labor goes where it's going to be rewarded the best. [ inaudible ] >> they should give them free mollies. >> mollies? >> yeah, that designer drug. that's what they're all into. >> look at what they are. leisure and entertainment. that's what they're good at. >> and mollies. neil: before you became a wall street icon we were all young. >> i was working! i took jobs as a messenger. neil i did! i worked in a highway. i was -- >> being patient doesn't count! >> i'm older than i look i hope, i hope i'm older than i look. i was working i was in the 60s and working in hospitals for almost nothing i volunteered. neil: you all sound bitter to me. you resent this because they have had a softer path. >

. >> what will happen with the millennials? what do you see happening with the millennials?of exciting things. jobs will be less and less -- we have a -- we have one crises one of the down crises in this country that didn't exist for years. we no longer have the draft. look at all the great countries in the world including israel and what have you, you give a couple of years of your life back -- bring back the draft a few weeks ago. neil: we asked to you sign up immediately. charlie: but i said bring back gitmo for the millennials. >> go to africa. take a profession that's overcrowded. one attorney now for every 300 people in this country. unlike england's one attorney for every 10,000. they're all doing volunteer work in africa and what have you. neil: a lot of them are contributors of fox. [laughter] >> wait a minute. wait a minute. i have nothing against attorneys. i wish most of them had been on the titanic. that's another thing. neil: oh, man! >> i have to tell this to your students out there. listen to me. do yourself a favor. when you finish high school. don't go to c

. >> if you ask a millennial how do you get out of draft?hut the window. >> they need to shape up stop instagraming the doughnuts they had for breakfast. neil: and all of you, get off the lawn! bad news for bitter boomers the millennials are taking over, they heard a lot of that fair and balanced we're going to hear from them. if they annoy them i'll tell them to go. a new report says we better be careful millennials are now a majority of the workforce. we have christie and katherine timpf it's not such a bad thing they are in the dominant role right now. you are looking at this hearing what boomer friends are saying that you're an entitled pampered generation all of you are ingrate. >> we don't eat doughnuts we eat egg white breakfast sandwiches. neil: enormous amount trouble to go to. egg white anything go ahead. >> this attitude isn't going to help anybody all generations have a lot to learn. neil: you haven't learned anything. >> i ask people for help that are older than me experience is one thing, different demographics they know what t

millennials are taking over the workplace. there are 53.5 million millennials working.according to pew research. this year adults aged 18 to 34 they surpassed generation x to become the largest share of the american work force. these numbers will keep growing as more millennials graduate from college and begin working careers. somewhere do millennials want to work? according to a survey they prefer to work at mid size companies or companies with a good social atmosphere. that could change once mom and dad are not picking up the tab. more than 70% of millennials say parents are picking up their living expenses. >>> breaking news. the breaking news this morning, this new earthquake has hit nepal. "new day" picks up coverage of that story now. >>> unprecedented penalties. >> suspended for four games without pay. >> we have full belief and faith in our quarterback. >> someone's breaking rules, you got to get punished for them. >> this video from a friend pro-isis hacking group threatening a cyber attack is coming. >> this is about the first time in a decade that i've person

millennials are taking over the workplace. there are 53.5 million millennials working now.growing as more millennials graduate and start working. where do they want to work? forget corporate america. most 2015 college graduates would prefer to work at mid sized companies. 60% want a company with a good social atmosphere. they want to have fun. more than 70% say a majority of parents are picking up their expenses. many are saying this is what we get? we have to climb a ladder? it is a very different mindset. >> mom, dad, where's the rent check? >> where is my imported beer? >> i'm not bitter. >>> i know where i can learn more about millennials. you can look at christine romans book. "smart is the new rich." pick one up now. >> for parents paying for their kids' tuition. >> announcer: this is cnn breaking news. >>> welcome to "early start." we have breaking news. a 7.3 magnitude earthquake has hit nepal. the tremors felt as far as new delhi. the epicenter is near the nepalese city of namche near china. there have been six aftershocks. in kathmandu, 50 miles west of the epicen

. >>> and millennial may think they're more tech savvy than older generations but maybe not. the important area where they're falling short. >>> a live look outside right now golden gate bridge shrouded in fog once again. but we will see the sun later, promise. we'll tell >>> amazon wants to make your impulse buys even more impulsive. starting today the online retailer is offering free same-day delivery service to prime members in the bay area and 13 other major u.s. cities. it used to cost about $6 for same-day service. you still have to pay $99 a year though to be an amazon prime subscriber. >>> a new study suggests millennial are lackadaisical about online safety. 85% of millennial say they use the same online passwords over and over. they're also more likely to accept social media invitations from total strangers than generation x or baby boomers. the study from review site software advice also found millennial more likely to find security workarounds to avoid workplace restrictions. a millenial is generally thought to be anyone born after 1980. >> all right. >>> well, yo

the bigger problem, we just talked about the millennial. one of the most confused generations out there ever on health issues. we talk all the time about obesity, problems this country is having. and what these moves by these restaurants do is basically allow all of these consumers to say oh it is okay i'm now eating my high fat high salt high sugar billion calorie taco and soda because it doesn't have any genetically modified food in it. and this is a bad way to make health decisions. >> all right millennial defend your generation. >> i think kim has a point. dairy queen this week for example said they were taking soda off the kid's menu. i thought well are they taking dairy queen off the kid's menu? [ laughter ] these gestures are kind of pointless. the larger point they do lead to economic damage or state labeling laws friction. really bull canbalkanize distribution and all these things. and we really need the crops to maintain a higher standard of living. >> when we come back. hits and misses of the week. doers. they don't worry if some

especially millennials.t have the product they're looking for they're going somewhere else. >> but i'll tell you something else. we have been speaking with a gentleman, an investor in the farmland lp. are the farmers getting it? jack what are tongue said we have to get this food chain so we can have supply to meet our demand. are they getting it? >> so jim, great question. i think that is one of the assets that's within hain that no one realized. is our procurement of ingredients. today we're procuring ingredients all around the world. i'm in india, the middle east next week and where we're finding more and more ingredients. 99% of our products they are gmo free. >> right. >> if i had to say what is one of the biggest challenges is finding more and more supply. more and more ingredients that we can continue with our grow. it's not that consumption is growing. it's that consumers are looking for more and more product and converting on the other side. listen, there are two models out there, jim. there's organi

what surprised me is the most is the millennials and the gen-xs, have no exposure.johnson & johnsons, and pfizers and some of those names. that's been an area that's had great growth, great yield. folks are looking for some stability along with the teslas and the apples of the world. >> we thank our buddy jj cunningham from td ameritrade for sending this information over. have you seen the list? >> as they would say at the buffett meeting, i have nothing to add. >> is there a stock, apple is the most popular among all generations. and you're an owner of apple. is there one stock that jumps out to you and you say in my career or the last 20 do 30 years of what i've been doing has been the best stock for me, has paid off the most. >> one that jumps out? >> yeah, lynn broadcasting, it went public, we made x number of times our money. it was taken over and went public again, now it just merged again with media general so if i had one stock that was like 100-bagger for a long period of time, it would have been lynn. and we've had others like that. that would jump out. bu

gerri: i can't remember who said it wait until the millennials have kids. not good night yet.g up the hour of advice continues as our experts tell us what you need to be doing right now to make your retirement much more comfortable? >>> plus health care costs through the roof largely thanks to obamacare. we'll tell you how to keep your next bill from bankrupting you? stay with us. >> >> welcome back. we bring you the best advice on health care but it is time to look at other stories. elected as of this term to the head of fifa despite the criminal investigation for corruption. he has led fifa is 17 years. flooded streets in texas and arkansas with a heavy wave of continuing to plague their region. the death toll has hit 26 and 13 are still missing. u.s. attorney's office in chicago says there are no plans to arrest former house speaker hazard after he was indicted yesterday on charges from hush money. he is also charged with lying to the fbi. congress wants answers from the faa after the fox business investigation after questionable hiring practices. 15 members sent a letter t

olivia: apparently we millennials need our own tick tax. acs. we do not have the patience for just one taste. good morning. i'm olivia sterns. erik: i'm erik schatzker. it was a record-setting day for u.s. stocks yesterday. today, flatlining. the stock market picked up momentum and we saw the records set. they are still hovering near record highs. the big story is in europe. a big plunge in the euro. that was after an ecb official says the central bank would buy more european debt sooner than expected. the purchases are going to be frontloaded. because the ecb believes that if it were to buy more in the summer into liquid trading it would have disproportionately powerful effect on the euro. olivia: that is not because they are assuming europeans are on vacation. all that news, the fact that the ecb is going to be frontloading, speeding up on purchases is sending european stocks soaring. it euro stocks up 2%. you're a stocks up 16% the start of the year. the dax is up by about 2%. u.k.coming out of the it is weighing on the currency. the british