abc's rebecca jarvis met one a woman who's leading the hunt for high-end diet deals and saving thousandshe hates paying a lot for groceries to feed her husband and three active kids. >> get her! >> pretty much the only things we buy are, unless we really need them or mommy has a coupon. >> reporter: but sarah loves to cook. even went to kueculinary school. so she isn't willing to cut corners when it comes to quality. >> dear god, thank you for this day and thank you for the food that mommy prepared for us. >> reporter: she is a frugal foodie. a growing movement of people who believe eating cheap is cool and delicious. she even writes about saving money on her blog, "how i pinch a penny." sarah saves thousands of dollars a year on food shopping, getting almost 50% off her grocery bill. and how she does it isn't a big secret. it just takes time and planning. we traveled to york, pennsylvania and went on the hunt with sarah and her son harry as they stocked up for a week's worth of groceries. >> all right. ready to go shopping? >> let's go get a cart. >> reporter: a list that includes ingre

for "good morning america," rebecca jarvis, abc news, new york. >>> in another news, a health scare this new year's day for barbara bush, the former first lady is hospitalized this morning after being admitted for early signs of pneumonia. the 88-year-old is in stable condition now. >>> today's the first day of health insurance coverage mandated by the affordable care act the obama administration says more than 2.1 million people have selected a private insurance plan. even the administration admits there will be problems as people begin their new health plans. >>> the train wreckage is still smoldering in north dakota, evacuated residents are most likely back in their homes. the fire began monday night after rail cars derailed monday. >>> more bad news for target this morning, some gift cards for the retail giant sold during the holiday season weren't properly activated. target will honor them, anyway. if it doesn't work, you should take it to the store's service desk. >>> and apple is denying helping the national security agency to tap iphones, a german publication says that the spy ag

here is abc's chief business and economics correspondent rebecca jarvis. >> reporter: rebecca levy, ae. how are you feeling? >> little nervous. >> reporter: and rebecca is not alone. it's that number one concern among american families revealed by that brand new real money poll. how to get a pay raise. only about one-third of us ever ask even though, get this, 84% of bosses expect us to ask them for one. so how do you do it? we brought in career expert nicole williams from the power house job networking website linkedin.com. >> it's one of those taboo things, you don't tell people what you make >> reporter: check out salary.com and type in your job and zip code and they tell you your average salary range in your area. next, know the exact raise you want. nicole says for most of us, a fair ask is 5% to 10% more. and have someone record you practicing. >> this ask is as much verbal as it is nonverbal. there are going to be things you're doing to let your boss know that you aren't confident and that's going to work against you. >> reporter: before going in, ask advice. seek out a mentor

abc's chief business correspondent rebecca jarvis returns to the baby boomers we followed here on "worlds," have their 401(k)s now recovered? >> reporter: stocks closing out a banner year. we've kept in touch with you, debating what to do with those hard earned savings. >> that's about all we think about anymore. >> he wanted to pull everything out. i wanted to hope that it would come back. >> reporter: we met bill and kathy walters of illinois earlier this year, hoping to visit their grandchildren and travel on that nest egg. >> i retired in 2008 and my retirement crashed. >> reporter: earlier this year things started looking up. >> we can think about those places we would like to travel that are still on our bucket list. >> reporter: now tonight -- >> now that you have stayed the course how do you feel? >> we more than tripled. it's been very good, a great year. >> reporter: look at this. if you put $125,000 in a 401(k) at the start of the recession, you would have watched it fall sharply, all the way down to about $61,000. if you stuck with it the average 401(k) would be back and then

thank you, tonight, rebecca jarvis. >>> and next right here, the scandal rocking new jersey governor chris christie. allegations someone on his team created that # massive traffic jam to play politics. overnight, late-night comics, a lot of critics took aim, and this afternoon, an avalanche of new documents emerged. what did they say? here's abc's jim avila. >> reporter: this is what chris christie woke up to this morning. from ignorance to pathetic in the tabloids. bully to scandal, to sorry, in the national papers. and just a kid playing in traffic from the new yorker. plus, if he stayed up late last night. >> clearly somebody is getting thrown under the bus here. fortunately, for them the bus isn't moving, it's stuck in terrible traffic. >> reporter: when christie walked out for his two-hour contrition fest, his body language hinted at sometimes confident, often sad and increasingly apologetic. >> i apologize. >> reporter: he said apologize 22 times. >> i am responsible -- >> reporter: responsible 19. >> i am responsible. i am sad. >> reporter: and sad, 16. >> christie never lost

>> rebecca jarvis at the big auto show. >>> and we have a note from overseas tonight. iran has set a date to move forward with a nuclear deal. the agreement with the u.s. and five other countries taking effect on january 20th. the iranian government promises to reduce its nuclear program and allow daily inspections if some of the crippling sanctions against iran are lifted. >>> and the olympic games are still 24 days away. but there's already been a kind of upset in the world of figure skating. the girl who had a nearly flawless skate. and the one who didn't but somehow won anyway. the questions from abc's linsey davis. >> reporter: grace, under fire. at the u.s. figure skating championships over the weekend. >> double axel into triple toe. >> reporter: 20-year-old mirai nagasu nailing it. while her competition for a spot on the u.s. olympic team, ashley wagner, got more oohs that ahhs as she fell not once but twice. so, it was somewhat of a surprise when fourth place finisher wagner was told she'd made one of the coveted three slots on the u.s. olympic figure skating

for abc news, rebecca jarvis, abc, ohio. >> a lot of times it is timing.ut when salary decisions are made and talk to your manager as early as three months before salary reviews. >> is he or she in a good mood today? perfect, i'm coming in. all right, we'll be right back. [ molly ] this is one way to keep your underwear clean. here's another. try charmin ultra strong. thanks mom! make me proud honey! [ female announcer ] charmin ultra strong has a duraclean texture and it's four times stronger than the leading bargain brand. enjoy the go with charmin ultra strong. and it's four times stronger than the leading bargain brand. she loves to shop online with her debit card. and so does bill, an identity thief who stole mary's identity, took over her bank accounts, and stole her hard-earned money. unfortunately, millions of americans just like you learn all it may take is a little misplaced information to wreak havoc on your life. this is identity theft. and no one helps stop it better than lifelock. lifelock offers the most comprehensive identity theft protecti

for this week, rebecca jarvis, abc news, new york. >> thanks to rebecca.xperts this morning. liza mundy, author of the richer sex, reshma saujani, founder of girl who is code and author of women who don't wait in line. carly fiorina, former chairman and ceo of hewlett packard. and lcolonel jeannie leavitt. the first female fighter pilot and wing commander overseeing about 5,000 people. jeannie leavitt, allowed me to be the backseat driver on a flight recently in her f-15. thanks for that, it was thrilling. carly, i want to start with you. when you were named the ceo of hewlett packard, there were seven female ceos in the fortune 500. >> that's correct. >> what happens now? >> clearly there's been progress. i was the first woman to lead a fortune 50. there were only seven. now there are 23. and you have women assuming absolute top positions of power and authority in industries and politics as well. and yet, the data overall hasn't shifted much. for example, we have less than 20% of elected officials are women, less than 20% of corporate officers are women,

sanitation crews cleaned up some 50 tons of trash, and abc's rebecca jarvis has more on last night'svents across the globe. [ speaking a foreign language ] >> reporter: new year's celebrations rocking around the clock and the world. the first to welcome 2014, auckland, new zealand, and sydney, australia, where fireworks lit up the skies for more than 1.6 million revelers gathered at the iconic sydney opera house. then to asia, hundreds gathered at the great wall in beijing, china, for a colorful light show only to be topped by dubai, which set the first world record in 2014 for 500,000 fireworks in 6 minutes, bedazzling 60 miles of shoreline. in moscow, russia, majestic fireworks lit up red square. at big ben in london, england, revelers chimed in the new year. in scotland, three days of new year's festivals. >> it's absolutely magical. >> reporter: in brazil, fireworks lit the skies over rio de janeiro, and in times square, new york city, thousands gathered for the annual ball drop. for "good morning america," rebecca jarvis, abc news, new york. >> the world pulling out all the stop

that's 81 million americans, abc's rebecca jarvis here with the details on hackers who compromised their rebecca, what do we know? >> they say this could be a significant data breech. >> they're not disclosing how many of them were impacted by the breech this morning. but they are saying that if you were, in fact, impacted, and if you're account was hacked, they will be sending you an e-mail alerting you to change your password. if you have a number on file, a phone number on file, they might be sending you a text. but here is where things get interesting, george. it may impact people who are not yahoo users because when the hackers got into these e-mail accounts, they stole account information from address books and from sent e-mails. so it could impact people without yahoo accounts. >> it could be much wider. of course, abc has a partnership with yahoo. and one of the things they're saying, it wasn't the yahoo system. they got in through a side door? >> yes, a third party. what they did, they found a third party account where all of these passwords, log-in information was collected and

rebecca jarvis says investors are watching significant events right here in the u.s. >> reporter: so many things happening in the week ahead. 24 of the biggest companies in this country will report earnings. we'll hear how they're feeling about the economy, their business whether they're hiring, how they're seeing expansion plans and how they see the future. >> and even with the change at the top, the federal reserve is expected to taper off more of the stimulus buying bonds to shore up the u.s. economy. >>> a senior member of the group linked to al qaeda has been killed bay u.s. missile strike if s in somalia. the man was in his car. u.s. officials confirm a strike against an al shabaab commander. but they're not confirming anyone was killed. >>> the unrest escalating in the ukriane this morning. protesters take over another public building. this time, they stormed the justice ministry head quarters in kiev. earlier, they lined the streets chanting hero before the body of a protester killed last week was laid to rest. >>> edward snowden is is making new claims about u.s. spy activit

rebecca jarvis, abc news, new york. >>> and there is more bad news for target, some of the gift cardsimproperly activated. now target says it is a very small number, about 1% of the card's sold and it will honor them anyway. but it is a black eye on the personal information that exposed some information on the credit and debit cards. >>> meanwhile, beer thieves, a manager got a wild ride while trying to stop a couple he suspected of trying to shoplift beer from the store. he jumped in their truck as they sped down a busy interstate. but he says the couple stopped twice to try to get him out of the truck and beat him up. >> one time they tried to beat me up, i fought and lost my glasses. the second was in the back woods or something, i'm not going to get out for you to run me over. >> he says he threw cans of beers out of the car and to other cars hoping to attract attention, and guess what? it worked. but the pair did get away, apparently without the beer. >> i would not want to buy the beer if he restocked it, right? you don't want to go anywhere near the beer. >> i just want to be t

abc's chief business correspondent rebecca jarvis tonight. >> reporter: a dramatic reversal on wall street, stocks dropping as fast as the thermometer this week. taking investors like bill and kathy woerlts of illinois on a roller-coaster ride they thought was over. how do you feel? >> it's been a great year. >> reporter: tonight, they're not quite so optimistic. the average american family 401(k) started last year around $77,000. by year's end, it was above 100 grand. but just this week, it's fallen more than $3,000. why is this happening? fierce of china slowing, american consumers spending less and worries about how much the federal reserve will keep helping the markets. >>> rebecca is with us. >> dave, i have been talking to some of the top minds on wall street, this year, we could be in for some more bumps. for those who are closer to retirement, a few years away, it's time to talk to your adviser and talk about taking away some of that risk >>> another headline, well-known american family leaving beyond their means. a former politician and his wife and a very lavish lifestyle. here's

but abc chief business correspondent rebecca jarvis says investors are watching some significant events right here in the u.s. >> there are so many things happening in the economy in the week ahead. first of all, 24 of the biggest companies in this country will be reporting earnings. that means we'll hear how they're feeling about the economy, how they're feeling about their business, whether they're hiring. how they're seeing their expansion plans, and really, how they see the future. >> and even with the change at the top, the federal reserve is expected to taper off more of its economic stimulus, buying bonds to shore up the u.s. economy. >>> a senior member of the group linked to al qaeda has been killed by a u.s. missile strike in somalia. this happened in a remote village yesterday. the man was in his car. u.s. officials have acknowledged a military strike against an al shabaab commander. but they're not confirming if anyone was killed. the strike was believed to have been carried out by a drone. >>> the unrest escalating in the ukraine this morning, as protesters take over anothe

and abc's chief business correspondent, rebecca jarvis, went to cincinnati to show us some of f the secrets of talkin to the boss, tonight. rebecca? >> reporter: diane, as you said, it is the top money concern among american families, getting a raise. but fewer than half of us actually make the ask. we came here to cincinnati and found one woman who was willing to take our "real money" advice and put it to the test. rebekah leavy, a market researcher from cincinnati, ohio, is about to do something terrifying -- ask her boss for a raise. how are you feeling? >> a little nervous. >> reporter: and rebekah's not alone. it's that number one concern from american families in that new "real money" poll. a whopping 71% of you, telling us you think you should be earning more money. but don't know how to ask for it. only about one-third of us ever ask for a raise. even though, get this little-known secret, 84% of bosses expect us to ask them for one. so, how do you do it? we brought in career expert nicole williams from the powerhouse job networking website linkedin.com. >> it's one of those taboo th

wapt i want to bring in rebecca jarvis with us tonight. you say many of the corporations we reline on our 401(k) lz report their earnings. >> reporter: this is a pivotal week ahead. some of the biggest companies in this country will be reporting their earnings. we get to understand how they're feeling, how they see hiring. if they'll be expanding and how they see the future and a number of those companies like apple, amazon, google, they are, even though many people don't realize, they are in our retirement savings accounts. >> a checkup on the corporations. somebody new coming in on the fed. all eyes on the fed this week. >> reporter: absolutely. you have ben bernanke there now, but janet yellen will take over. how they see the company, how they see the future of america is very important. and wall street is going to be hanging on their every word. it will really impact stocks. it will impact your morgue ralg rates. >> rebecca, thank you. >>> starting today, first class stamps now up three cents, to 49 cents now. by the way, if you bought

tonight, i want to bring in abc's chief business correspondent rebecca jarvis. great to have you with us. you were saying, keep your eye on major corporations this week. we're going to learn a lot from them. >> reporter: this is going to be a pivotal one. some of the biggest companies in this country will be reporting their earnings. they will tell us how they are feeling, if they are expanding. what the future holds at a lot of these companies. amazon, apple, google. they are in everyone's retirement savings account. so, what they say will have a big impact. >> a corporate checkup. all eyes on the fed, because there's someone new on the way in. >> reporter: there is. janet yellen is on her way in. this will be ben bernanke's last meeting this week. the two of them are on the same page, they see the economy in a similar way. but we'll get a chance to hear how they see it for the very first time of the year. and wall street will be hanging on every single word. you will see the stock market move on that. >> words coming this week. rebecca, thank you. >>> one more

abc chief business correspondent, rebecca jarvis, takes us there. >> reporter: it's morning in louisville, kentucky. our first stop, the babysitter's. we're going to go meet laura and frankie. hi, laura. how are you? laura is baby sitting 1-year-old frankie, for three hours. her charge, free. >> i watch the kids. it's been really fabulous. >> reporter: across town -- now we're going to go see a photo shoot. becky, a professional photographer, is taking gwen's family portrait. her price? also free. how much do you think you're saving? >> at least $250. >> reporter: so, what's the catch? laura, becky and hundreds of their neighbors are doing something called time banking. instead of paying with money, they pay with time. and everyone's time is equal. it's organized through time bank usa, a national group that helps communities get started and track their time. and time banking is booming. now, in 42 states. in just three years, the number of time banks across the country have nearly doubled. for example, get your oil changed in kent, ohio. medical services in allentown, pennsylvania. your c

abc's rebecca jarvis looks at the impact. >> reporter: stocks closing at a banner year.i wanted to hope that it would come back. >> reporter: we met bill and kathy walters of illinois earlier this year, hoping to visit their grandchildren and travel on that nest egg. >> i retired in 2008, and my retirement crashed. >> reporter: then earlier this year, things started to look up. >> we could think about those places we want to travel that are still on our bucket list. >> reporter: now that you have stayed the course, how do you feel? >> more than tripled. very good, a great year. >> reporter: look at this, if you put $125,000 in a 401(k) at the start of the recession, you would have watched it fall sharply, all the way down to about $61,000 but if you stuck with it, the average 401(k) would be back and then some. tonight sitting at more than $167,000. rebecca jarvis, abc news, new york. >>> and there is more bad news for target this morning. some of the gift cards sold sold during the holiday season were improperly activated. now target says it is a very small number, abou

for "good morning america," rebecca jarvis, abc news. new york. >>> all i have to say is no!t's been so wonderful. >> come back. >> no, don't raise the prices, please. >>> but for now we turn to ginger zee and parentally an active weather pattern as i see. >>> on the roads in the northern plains i want to check in. we have some video here to show you from grand forks, north dakota. that's what it looks like and then you go into the ditch. i've seen several reports of people in a ditch all part of this active pattern. we have a bunch of clipper systems sliding through the northern plains and great lakes. and this is through sunday, the amount of stow that you will see over a half foot in many so of those areas in pink. quickly we have to talk about the record warmth. the completely different thing on the west coast, san francisco had its all-time january record high at 73. your local forecast coming up in 30 seconds, first, the snowiest cities brought to you by royal caribbean international. >> coming up, almost all of florida under freeze watch. we'll show you that. >>> and c

even gym memberships. >> reporter: for "good morning america," rebecca jarvis, abc news, new york. >>als. >> got your big screen, new clothes, you're ready to go. >>> you might want to jump-start your january with a new romance. if you're planning to go look for love online, here's a bit of advice. image is everything. or close to it. a new study finds that the best way to get your profile to pop is making sure it's picture-perfect. abc's sara haines is here to explain. sara? >> reporter: thank you, amy. as an online dater myself, i have some tips. and you should trust me. it works. he put a ring on it. if a picture is worth 1,000 words, it's never been more true than with online dating. never fear. we found out exactly how you can up your game online. oh. the clock strikes 12:00 and magic happens. or not. it's estimated that each year, thousands of singles make a resolution to find mr. or mrs. right. their first step, going online. >> two weeks right after christmas, result in approximately 25% increase over the previous two weeks. >> reporter: online dating site zoosk, says it's hom

rebecca jarvis, thanks to you. >>> we're going to turnover seas.nt of international politics is believed to be near death. former israeli prime minister ariel sharon has been in a coma since 2006. is said to be suffering from kidney failure. doctors say his condition has deteriorated over the past two days. >>> here at home, first lady barbara bush is recovering from a respiratory illness at a hospital in houston. she's said to be doing well. and is in good enough spirits to cheer on baylor during its bull game yesterday from her hospital room. >>> and america's biggest cities seem to have gotten safer. new york had a 20% drop in murders last year to the lowest number in half a century. meantime, l.a.'s murder rate fell 17%. chicago's 18%, despite several high-profile shootings. let's hope that trend continues. >>> skyrocketing in colorado are marijuana sales. the first day of legal sales of pot for recreational use saw long lines, enormous demand, and a lot of celebrating. despite colorado's new law, any use of marijuana remains illegal under fede

here's abc's rebecca jarvis. >> reporter: a first for general motors. >> and the winner is the stinginning both top car and truck of the year. but it's the woman behind the winning design, mary barra, who is grabbing all of the headlines. a mob at her first public appearance since being named gm's ceo. congratulations. >> thank you. >> reporter: "world news" getting exclusive access behind the scenes. whether you like it or not, people will focus on the fact that you are a woman and the first woman ceo. >> every job i approached, i never approached it from that perspective. i just go in, work hard, do what needs to be done. build a strong team. >> reporter: the success of gm riding on her shoulders. the car of the future, she says, will take a lesson from the new corvette she oversaw. lighter, more fuel efficient. but more resistant to minor bumps, like shopping carts. the first in her family to go to college started at gm in 1980. her father worked for gm for 39 years. >> cadillac -- >> reporter: cadillac. >> the car of the year. >> reporter: what do you think your parents would thi

rebecca jarvis explains. >> reporter: it's morning in louisville, kentucky. our first stop?ing to go meet laura and frankie. hi, laura, how are you? laura is babysitting 1-year-old frankie. her charge? free. across town -- now we will see a photo shoot. becky, a professional photographer, is taking her family's portrait. her price? also free. how much do you think you're saving? >> at least $250. >> reporter: what's the catch? laura, becky and her neighbors are doing something called time banking. instead of paying with money, they pay with their time. and everyone's time is equal. it is organized through time bank usa. national group that helps communities get started and track their time. and time banking is booming. now in 42 states in just three years, the number of time banks across the country have nearly doubled. for example, get your oil changed in kent, ohio, medical services in allentown, pennsylvania, your computer fixed in los angeles, california, and your bike repaired in new york. and back in kentucky, how about a yoga class? remember our photographer, becky? t

and abc's rebecca jarvis sat down with the new chief at gm, its first female ceo. >> reporter: mary barrapping onto the world stage. making her first appearance since being named the first female ceo of general motors. congratulations. good morning. "good morning america" getting exclusive access. behind the scenes of the detroit auto show. even riding around town with barra in one of the gm's hottest new cars the cadillac cts. when you were originally told you were going to be the ceo of general motors, was there a conversation with the family about, things are going to change? >> sitting at the dinner table and shared with the kids that i had been selected for this role. and they were very excited. >> reporter: barra, voted most likely to succeed in high school, fell in love with cars thanks to her cousin's camaro. >> i was like, that is a cool car. i had to make the smart choice. to be able to afford college so i had a chevrolet chevette. >> reporter: her mother told her to pursue math and science. >> you're going to go to college, you decide what you want to be, but you're going to co

rebecca jarvis here with that. >> good morning.s you say it is the new coke versus pepsi of super bowl ads. and after this, you'll look at the dairy section in a whole new way. chobani, yoplait and dannon in the fight of their lives for your taste buds and your love of greek yogurt. >> introducing, the yoplait greek tasteoff. >> reporter: call it the clash of the titans, greek yogurt edition. >> yoplait greek tastes better than chobani with fruit on the bottom. >> reporter: yoplait is taking on chobani, the multibillion dollar greek yogurt industry leader. launching this ad on monday. >> i have to say yoplait. >> reporter: in their taste test of 300 people nearly two out of three preferred its blueberry greek yogurt to chobani. >> you don't normally see ads going head to head. like this. the stakes for this are incredibly high. >> reporter: last year yoplait's low cal greek yogurt line greek 100 debuted to huge numbers making $150 million in sales during its first year on the market alone. making it the best-selling new yoplait pro

now to the financial costs of the freezing cold from travel nightmares to heating bills, abc's rebecca jarviswith the latest on how it's walloping your wallet. rebecca, tell us how much. >> it's so cold you can feel it in your bones and unfortunately you can feel it in your wallet as well, ron robin. we've been crunching the numbers, and as of this morning, this cold spell is costing americans more than a billion dollars. here's how. first, your home heating costs. they are on the rise so in addition to cranking those thermostats and using more energy, the actual cost of that energy, it's also going up. the typical american family is expected to spend anywhere from $679 to more than $2,000, that is just to heat their home this winter and that's up as much as 13% from last year. now, drivers who are daring to hit the icy streets, they are already paying more at the pump. ultra low temps have been threatening to shut down oil production from texas to north dakota and gas prices have popped 5 cents in the last month, also hitting consumers' wallets, school and work shut down, families are now ha

rebecca jarvis is here with more. >> reporter: yes, george.y sources on wall street say this volatility that we'll be seeing will be here for some time to come. the typical american family's 401(k) lost about 10%. it gained about $30,000 last year. what's been spooking the markets of late? first of all, china. the world's second largest economy they see things slowing down there. they're manufacturing is getting slower and there's a number of companies here in the united states that do business with china. that could be a bad sign for u.s. businesses slowing down. also the u.s. consumer is pulling back on its spending. and there are big open-ended questions about the federal reserves next big move. that will come this week. it's a very significant one. everyone on wall street waiting for ben bernanke's next word. >> what else are investors looking at? >> all the earnings reports. amazon, apple, google. they're all coming out with earnings. most americans own these companies this their retirement savings. >> thank you, rebecca. >>> let's get to

law enforcement officials are cracking down on counterfeit merchandise tied to the game and rebecca jarvishe story. >> reporter: this morning, officials warning super bowl fans everywhere, beware of fakes. according to homeland security, federal officials have already intercepted a record $20 million in fake gear and tickets. that's 15% more than last year when they seized over 17 million in fakes before the big game. what is it about the super bowl that makes counterfeiting prime time? >> well, it's the event, i mean, it's probably the most watched event ever. >> reporter: "good morning america" going behind the scenes at the jfk international mail facility in new york where 700,000 packages arrive each day, inspecting a new shipment of fakes that's just come in. >> we see these nfl products, for example, coming in from china. that's a good indication it's counterfeit. >> reporter: that's a red flag. >> that's a red flag. 85% of the counterfeit items that we encounter here at this facility are from china. >> reporter: federal officials here uncovering hundreds of thousands of dollars in p

between coke and pepsi, mcdonald's and burger king of now a new battle at&t versus t-mobile and rebecca jarvis here to explain how that can save us serious money. good morning. >> good morning. it's one of those rare cases where their greed is good news for us. one of the things that keeps most people from switching phone carriers are those massive termination fees. they can cost upwards of hundreds of dollars but this morning two of the largest carriers in the country are trying to steal business from each other by paying you to make the switch. >> introducing jump from t-mobile. >> reporter: this morning, a building battle for your business going on now between the biggest mobile phone companies in the country and the winner could be you. the consumer. t-mobile offering customers who dump the competition, at&t, verizon or sprint, up to $650. just days before the industry's number two, at&t offering $450 to t-mobile customers to make the switch. >> all marketing and it's clearly working for them. >> reporter: t-mobile's scrappy ceo also grabbing headlines for antics like these. >> hey, kids,