tracy byrnes is here, and starting now. tracy: a whopper slap in the face, burger king ignoring the white house cries of being unpatriotic picking up th and moving to canada. the big-name brands that are solely out of fashion with the changing pace of america's you youth. and obamacare critics out in force. why most americans would rather take orders from this. it is a robot. even when they say it is not, it is "money." charlie is obsessed with bed bugs and he is here. burger king having it their way. and talks to purchase that he and doughnut empir empire tim hn did it remove corporate headquarters to canada. josh earnest talking moments a ago. >> the president against each year the general matter not as it relates to any specific transactions being contemplated doesn't believe a company simply switching their citizenship filling out if you papers to avoid paying their fair share in taxes is good policy, certainly it isn't fair. tracy: nor is the tax code fair. when will they take the hint? charlie: this is more than fillin

we have matt mccall, kate rogers, hitha prabhakar, and tracy byrnes.ore we get into the first "real real deal", let's open up a page from the playbook. so we get on with our daily lives and almost a year later we went over and say, holy moly, that was my idea. but i want you to help us walk us through this. >> how do you plan on making money. we really need to have a solid business plan and that includes an idea of how you will make money. the cost of sales and other things and then you really need to look at how you're going to sell your product or service. or maybe it's going to be both. but you need to have a solid plan. charles: said you look at service or product? >> you look at both. the service is important. you can use uber as an example of the business that has been fast-growing. and there will be a lot of cost involved. it could be a great idea. charles: them i said to be the ceo? do people really think about what my role will be? >> you have to realize that when you have a solid business plan, if you're going to run it, at first you might we

charles: when i see tough i always think of tracy byrnes.think saturday morning coffee idea is not a bad one. do not check your portfolio on day-to-day basis. don't become a day-trader. people are out there trading your stock. don't become those people. >> don't listen to the haters, charles. keep your blind es on. go for what you want. >> focus on fundamentals. that is if you know that is what drives companies you like, focus on that. charles: it is hard. a lot easier said than done. >> one more thing. if you have a lot of nice stuff your house, lock your doors. >> don't put it on facebook. >> you want to show off a little, right? charles: come on a lot of people want to show their bling off a little bit. when you build a three-story closet, if you have that ego you want the world to know. >> i would rather have her cabs. charles: we all would. like to have them both. time for my marching orders. if you've been waiting for correction to buy you should have been in there today because at the start of the session, small cap stocks were down 1

smith, and tracy byrnes and jonas max ferris and chuck rocha. okay. tracy, would amnesty for millions of illegals amnesty put more legal americans out of work this is. >> well, look, i can't believe this, but most of the people are on visas that are expired and should go back, and that is overstay, but we are not attacking that order, and for them to come out here to get jobs that legal americans are garner i garnering for hurts the system overal >> and john, a tough market for a very long time. what do you think that it would do to that labor market? >> well, yeah. i disagree slightly with tracy, because i don't believe it is going to hurt the job market that much, because most of the illegals here are working in some capacity and a work permit is not going to upgrade their status to sudden ly take americn jobs and if it did, competition is what it is, and come e pe pe stigs a good thing. i really believe that president obama does this. the second-termt president for the last 80 years have accomplished very little, and this president realizes that pre

we have hitha prabhakar, matt mccall, tracy byrnes, and kay rogers is out on a summer weekend and so david rogers to join us. so let's get to the first trento. stocks were high all session long. there was never any sense of conviction but interestingly everything that came out was better than anticipated. and coming on the heels of yesterday's minutes from the fed, it would seem like the market would be in one of those good news is bad news bad news is good news type of situations. it felt like nevertheless the market was up. >> and may not have celebrated and there's not a lot of conviction out there. but it's really painful each day up another basis point. the knee-jerk reaction is that you look at the fed and what they are doing and the reaction is that the fed is the supporting market. and i am convinced that they will hike rates sometime in the first order despite some of the rhetoric out there. >> we still really don't know. i think sooner rather than later as well. but you still don't know at the end of the day. charles: the biggest thing that they have is to keep us convinced

we have our investment pros, matt mccall, kenny rogers, tracy byrnes.ill begin below he was so right off the bat. it so you of you guys are saying back-to-school shopping, yes, 89% making purchases at brick-and-mortar store but there are signs can be changing very rapidly. some percent of total retail sales and technology is playing a role. the phenomenon is called web routing. so when people do not? that? 47% 150 items at the store, 43% want to avoid shipping costs and a one that touchy-feely thing. and some want to haggle for a better price. it's not just the ease of online shopping and so we have t.j. maxx, and then it's overall and what is this hype about brick-and-mortar going away. >> i have a big number for your. about $75 billion and that is how much retail bid on these retailers are mixing the brick-and-mortar shopping in addition to having that mobile shopping experience. and i will give you that staples is looking like it's on its last leg. but we keep hearing about the demise of all of these different niches of retailers and we think that br

smith, and tracy byrnes and jonas max ferris and chuck rocha. okay.

you are a health nut, tracy byrnes. >> you're never going to have a boy scout able to raise money againno one will buy the other crap. i'll be the first to tell you that i'm the mother who at 9:00 o'clock at night, my daughter is like, i need 24 cupcakes and i'm making them and i would love to abolish betty crocker at that time. this is what young kids are supposed to do, maybe it is the parents. they have one cupcake and move on. not michele obama, it's not her place to tell me how many cupcakes my kid can have. >> it's up to the state to decide how many unhealthy bake sales are allowed to have annually and apparently they decided to do this. [talking over each other] >> that's like having health insurance expecting it to cover diabetes. >> there's a bigger issue, there's not entrepreneurialism being taught in the school spirit of philip a lot of these -- it's up to the parents and the schools. charles: you can suggest that it can be our option. >> the government is too big when they put up this stuff. they are flipping out. >> matt is right, i'm not going to make him pay for it. charl

[laughter] >> we have tracy byrnes, she has legs and she knows how to use them.nd we also have kate. thank you for joining us. we are in the last days of summer and we began to think about school and a better second half of the economy. by now teenagers are a littl bit antsy, they have been idle for a long time and a lot of times i create a twist. but the biggest problem in our country for teenagers and young adults isn't about idleness or anything else but a lack of opportunity. it's a combination of the lack of opportunity and the job skills but they are lacking. right now, we are going to put a chart. the employment to population ratio. this measures the percentage of working age people actually working. fifteen to 24 year old. it is at an all-time low. this number is not too far from where was in the middle east when we saw the arab spring speak up. so, kate come are we looking at a hopeless situation? >> i don't think it's hopeless. but if you compare employment to this time last year, 19.7 million, people 18 to 24 years old, it's your it's only a 20 million

the founder and ceo of less out network and wall street journal's simon constable and tracy byrnes joins well. this is a growing phenomenon. companies during the recession, and they had to cut someone and save their bottom line. those of the jobs that went away. as people try to get jobs there are no entry-level jobs out there. the jobs that are the lowest on the room require a lot of experience, a lot of skills. is that what you are seeing? >> i don't necessarily agree with that. let's look at the great recession. every job got eliminated, every category, every skill set and the number one area that got let go was the middle manager role, 70 to $110,000 a year got hit the hardest. with people coming out of the workforce or college graduation entering the workforce is employers do want which i agreed with the article 100%, who are ready to hit the ground running. if you are graduating from college those internships are crucial, the skills that you bring, ability to manipulate a spreadsheet, the skills and experience level. >> competing for that job whether it is entry-level not, a lot of

charles: i'm more excited to have tracy byrnes back. we can't let you go. >> i know.alls apart when i'm not here, charles. [laughter] charles: knocking back those expensive wines. >> if only. something like that, but it was wonderful. it's good to be back. charles: don't go away again. i didn't want get a chance to do a lot of tweeting today. >> oh, people are fired up about president obama's comments, but i've got to tell you, i i was looking at el pollo loco, i may be siding -- charles charles have you ever tried it? >> it's only on the west coast. charles: oh. i thought they had some here. it's not about day trading. there are better ways to make money, and we have you covered when it come toss the countdown to the crash. long-term investing, building wealth in your portfolio. you're 35, you want to retire with some real cash in your pocket, this is the place to do it. now, we do it by the real, real deal, it's how we go behind the headlines, we find those little nuggets so you can make money. well, in a candid chat with the economist magazine, president obama offe

ling: here to discuss, james frischling, "barron's" senior jack hough and very own fox business's tracy byrnes. jack, i will start with you on this. what is your take coming out of this? do you think prime minister cameron's reaction will perhaps influence the white house? >> i would hope so. he seems to be a little more vociferious right now than our president. the u.k. will have to put stronger rules on the books to revoke passports. there was wake-up call with the murderer he on the beheading video with london absent. maybe this keep calm, carry on attitude with these radical preachers talking about spreading sharia law in u.k. and ales where. maybe that is not the right approach. maybe we need something stronger. jo ling: james, how specific should it be? >> i recognize it is a pr blunder by the white house and president, i think he said the truth. we don't have a strategy. now they're backtrack. cameron didn't say anything. he used a lost verbiage. there is no concrete actions. there will be consequences to our actions and consequences to our inactions. a lot what is going on now, our ina

fox business's tracy byrnes back with us. >> hillary clinton successfully embarrassed the president ofit but there will be a price to be paid. the score will be settled by team obama. david axelrod already indicated that the stupid bleep kind of policies they bartok king about included invading iraq which hillary clinton voted to do. melissa: i have to wonder did the president really care what hillary was saying? does he really care? tracy: i am not sure any of us care. she didn't do such a bang that job in benghazi says she is not one to talk and what else is the white house going to say and then kiss kiss hug hug when they are two miles apart in some island. melissa: the president appreciates her counsel and advice but more importantly appreciate her friendship. >> i am a giraffe. i don't know. who knows? it is politics. melissa: is clear she is trying to distance herself for political reasons. is in the impervious to criticism? >> from what i understand, he wants his candidate -- a lot of signs to point to that. melissa: i will give you the last word on this one. >> i thought you we

tracy byrnes, thanks very much for bringing this story. melissa francis is here. "money" starts now. melissa: that's why i drink box wine. a rally on wall street, reversal on iraq. ft -- bombs drop, latest on american action against sunni extremists. bad credit, no problems. new changes that could open up floodgates on easy money and have us all partying like 2007 again. >>> lesser of airport evil. a u.s. airline stopping canceling flights. opting to delay them. >>> wind and rain lashing the island as iselle touches down. another forecast for another polar vortex. even when they say it is not, it is always about money. dierdre: the markets -- melissa: markets in the mid of a rally, up50 points despite us air strikes in iraq and continuing bloodshed in the gaza strip. two use fighter jets dropped 500-pound bombs on isis strongholds just outside the kurdish capital of erbil. president obama reversing policy authorizing military action saying, quote, america is coming to help. we have james frischling and "barron's" senior editor jack hough. how do you explain the ma

smith, and tracy byrnes and jonas max ferris and chuck rocha. ay