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FOX Business
May 7, 2013 1:00pm EDT
worried about china, so are these latest accusations in a surprise to him? lori: digging deeper into debt. the concern of dissident debt bubble that ballooned to $1 trillion. melissa: and what is in a name? a lot. what's your first name can spell for your paycheck. time for stocks as with every 15 minutes, nicole petallides is standing by. the dollar near the highs of the day. nicole: it really is. 15,036 was our high of the day. a couple of points away, up about a half of 1% on the dow jones industrial. the nasdaq has moved back into the green lower the majority of the day. a gain of about half a percent. the majority of the names are in the green, retail stocks, banking stocks with green arrows. some of the best performers in percentage terms on the dow jones industrials today. there are several names of more than 1% but a look at caterpillar and jpmorgan getting closer to those. united health at 1% and dupont with an up arrow. three quarters of the names of the s&p have a perilous with the exception to some names getting beaten down. that is cisco and microsoft dropping more than 1% ea
FOX Business
Mar 15, 2013 11:00am EDT
how that would be beneficial through 2014. dagen: china wants to talk cyber security. connell: more of "the business of vice' now legal in colorado but alatas banks want to do business with companies in this sector. capitol hill wants to make changes. ♪ ♪ >> 22 minutes past the hour the vatican is clearly and firmly denying accusations that both france's stayed silent during the dirty war 1976 through 1983 they ordered the murder of 30,000 argentinian. critics say he was said jesuit leader of the new pope failed to protect priest to challenge the military dictatorship. it is the anniversary of the syrian revolution of rebels taking the streets in protest in today with the death toll there 70,000 more than 1 million refugees the syrian crisis continues to get worse. the violin played on the deck of the titanic has been found and authenticated with the most significant artifacts the rosewood filing and discovered in an attic in england could be auctioned off soon. connell: "the business of vice' coverage today the marijuana bill in congress will open doors for banks to improve the fe
FOX Business
Aug 12, 2013 11:00am EDT
to l.a. and 45 minutes. or the east coast to china in two hours. i know that would be a game changer. elon musk has specific interest. we have an incredible model here of what it may look like. >> yes. you get a sense of the amount of volume and comfort level. >> why don't we have a seat and check it out. we are sitting in this comfortable seats. >> this capsule, once we get loaded in here, we'll go through and airlock into a tube network and accelerate like a car accelerating onto an on ramp. it can be routed automatically through the network. it hosts just like a space capsule in orbit. >> that is so cool. >> the equivalent of a 40 lane freeway. >> that is amazing. we are sitting in this capsule right now. i have road on my fair share of trains and planes and automobiles. how would it actually feel in action? >> once it is coasting, you'll feel like you feel right now. there is no friction in space. the most proven form of travel in the universe. we are just bringing this space travel conditions down to earth. >> you and your company has been working on this technology for more tha
FOX Business
Feb 19, 2013 11:00am EST
outskirts of shanghai, china. he was saying we should not be surprised about some of this health care talks. maybe the same applies here. what do we do about it? >> this is just the latest story on these cyber operations. they do not just come from china. iran is a threat. russia, north korea, there are maybe over 100 countries involved. of course, this is the latest wake-up call to do something about it. the critical thing here is, obviously, private / public information sharing. the government has access. they have tools. they have information that can help protect the private sector. they have to keep the bad guys out of their system. we have hundreds of billions of dollars of intellectual property that is whisked away via the internet every year. we do not even know how big this problem is. you have to work together on this. there are concerns about that. connell: does it change the dynamic at all? does it change the dynamic at all that this report directly links the taxes to the chinese military? does it make it more and comment upon our military and government to respond? >> wel
FOX Business
Mar 14, 2014 1:00pm EDT
to the indian ocean. also to the south china sea. meantime another possible lead, chinese researchers say they reported a, quote, seafloor event in waters around malaysia and vietnam, about an hour-and-a-half after the missing plane lost content. the event was recorded in an on seismic region 72 miles northwest of the last confirmed location. the reports say they could have been caused by the plane crashing into the water but no confirmation. just another possibility but again still no sign of flight 370. adam: thanks. cheryl: from a chessboard to a sea of water, that search area. it is incredible. >> a needle in a haystack. the fact that they still in this day and age can't find a jetliner's unbelievable. cheryl: we will focus our attention now to what is happening here at home and that is the markets which have had a really rough week. let's bring in nicole petallides from the stock exchange. major averages struggling as well, china, expectations downgraded, take your pick of negative news right now. >> the market has shown some resilience throughout 2014, negative headl
FOX Business
Aug 15, 2013 1:00pm EDT
seeing demand still going like gangbusters in china, the middle east and turkey up double digits. seasonal demand coming in going into the fall for gold. two different storylines going on with gold. ashley: gold-mining stocks have done very well, but overall people are little bearish on gold up $25. on a inflation play. >> to have been buying gold for 10 straight quarters. watch out for the pendants putting a floor under gold. hsbc saying 1500 or so last spring. were they off big time. cnbc reporting on their network. we have tried to be very cautious about telling anybody what the floor in gold is, at least i have been, you cannot put a floor on gold right now. even the big hedge fund guys are moving in and out of it. ashley: thank you. turning to oil, this rising for the fifth straight day. fox news contributor in the trading pits of the cme. no doubt the crisis in egypt providing some support for crude, right? >> even when we're talking about the increase of the tapering pushing gold down a little bit, it did not keep it down there. it is not just egypt they have to worry abou
FOX Business
Dec 17, 2012 11:00am EST
the democrats. dagen: apples weekend in china. new iphone sales top 2 million units. connell: $3.24 a gallon. these are the best prices we have seen all year for gasoline. a very, difficult day and weekend for many around the country. dagen: it will be a difficult week, month and many years to come as we try to deal with these shootings in newtown, connecticut. we will bring you up-to-date about any news as we get it. you'll hear about it in the fox news minute coming up in just a short while. connell: the business news of the day. we will begin with nicole petallides at the new york stock exchange. good morning. nicole: we did have a moment of silence for those in morning. our nation is in morning. let's take a look at the names on the move this morning. you can see some accelerated selling. 13% to the downside. it has been virtually flat. clearwater for $2.99. it is even below that particular level. we knew that sprint are ready to part of it. here is some economic news. not that great. it was down again. five months in a row. in japan, they had a big election. a lot of people hav
FOX Business
May 2, 2013 11:00am EDT
, germany, and this asia pacific region, thailand, china, australia, and what i want to mention to you before i send it back is the amount people spend on rooms. we all want to know what the average room rate is in the united states. can you take a guess? what do you think? connell: average room? oh, i don't know, 150-17, 180? higher here, of course, but trying to figure it out. >> a big spender, we're talking 101 is the average room rate. connell: rocking motels, that makes sense. not sure what you get for 101 in new york tonight? >> you'd get a box maybe? connell: maybe, at best. cheryl casone throughout the day live in new york. a lot of traveling today. a business of travel report in just a few minutes will be from the lone star state, a group of private investors looking to build a high speed rail between the largest cities. high speed rail and immigration a top priority for president obama traveling today, in fact, traveling now, there he is, headed to mexico at this hour. the money in the politics of his trip are coming up. first, a little bit more now on the business of travel.
FOX Business
Nov 30, 2012 11:00am EST
at yum brands. $74.75. they get about half of its revenue from china. not looking so good. traffic in china stores down about 9%. that is a big deal. the company issuing a negative outlook for china. lowering their guidance for all of next year as well. this is a loser today. as for all stocks, mixed, cautious. we do have markets of except for the dow. connell: you are right about the end of the month. we have 31 days on our countdown. it seems like the fiscal cliff situation will never end. monica crowley want to tell us what will happen here in washington. >> nobody really knows what the next move will be. both sides are pretty firm in their position. for anyone who thought that barack obama may move to the middle in his second term or be willing to compromise, we now know that is not true. connell: that is out of the window, and your view. >> yes. connell: the democrats will argue, this is nonsense. >> this is who the president is. this is what he believes. my book is complete with every single time the president has proposed a type of policy. it has evolved the same exact elements
FOX Business
Aug 28, 2013 11:00am EDT
have heard from the russians and from china because they are saying they have vested interest in this country. if we start bombing, what will happen with those states relations and don't forget the proxy army, we start bombing. >cheryl: it normally goes higher with oil jumping, yesterday hit a four-month low. >> we are correct to be discussing those because an attack on syria isn't going to have that much of a direct effect. this is shaping up much more like a proxy war of the 80s or 70s between the russia, u.s., but this is a typical cold war battle where the fighting is being done somewhere else. no way this leads to russia and the u.s. trading, that is just a thought inconceivable to us. cheryl: i will say there will be a political war of words between the two countries and this can be an economic war between the two countries. forget fighting, talk about money. >> make no mistake about it, our relations with them are about as low as they have been in the last 20 years. >> i had to tell you, they will stay that way. remember, you had parliament in england caught away from holi
FOX Business
Aug 29, 2013 1:00pm EDT
, some of the latest data on china is showing acceleration on their activity, so that is broadly supportive of not only overall u.s. growth but the u.s. cap the market and financial market incorporations to benefit from the ability to sell more goods overseas. lori: does the export growth signal to you possibly a stronger jobs report next week? what are we looking at? payrolls created? >> we see jobless claims hold down near the record lows since the crisis ended, generally positive steady as she goes for the labor market, nothing. the robust numbers he wanted to see come out of such a deep slump but something you can still be able to the unemployment and keep growing jobs faster than the rate of the population. lori: what do you see the headwind to the economy now? we are gaining up for another budget battle in washington. any of these risks in your mind? >> some of the concerns appear to be fading a bit but with the budget battle will be the overhang the next few weeks. these things tend to go down to the wire. that puts us on edge through at least mid-october. that is a someth
FOX Business
Sep 19, 2013 11:00am EDT
significant portion of our revenue coming from the united states. the operator will be a china data company. we will have a great team. we will have a major presence in the united states. cheryl: at the same time, it seems like to me it is really a global story for you. there is a lot of competition here in the united states. why compete in the u.s. when you could be in china, india, other parts of the globe. >> the attractiveness is that there is a lot of u.s. companies that do need a global solution. there is a true and only global solution available. in our offerings, it is light. we do not ask people to put money down. we own all of the aircraft. with that business model, it is really revolutionary for the united states. you only pay an hourly fee. when the united states came out of the recession, companies shot away from an investment and into an aircraft. you only pay for that hour on the aircraft. i think the other element is we only fly new aircraft. lori: would you consider an ipo? >> at this point in time, it is not in the cards. we can act fast. we can act swiftly. at thi
FOX Business
Jan 7, 2013 11:00am EST
of china. hockey is back. give me a hand. connell: happy birthday to dagen mcdowell today. before we get too emotional, let's go to nicole petallides. nicole: happy birthday. i hope you have a great year ahead, dagen. the dow jones industrials is about down 50 points right now. while the moves were not dramatic, they were down arrows. we saw the vix taking a breather, but today it is back again. i wanted to take a look at bank of america. this, too, has gone back and forth. it hit a 42 week high. this on some settlements with fannie mae. you can see here that stock right now is down about seven cents. ultimately, people perceive it as good news to get it out of the way. connell: it looks like president obama is really gearing up for a fight with republicans. dagen: rich edson joins us now from washington, d.c. with what the holdup would be. rich: president obama will nominate former republican senator from nebraska chuck hagel to lead the department at the pentagon. a number of republicans have had issues with hagel. he has reportedly erected talks with hamas, some say he is not pro-
FOX Business
Feb 7, 2013 11:00am EST
china, impact wool exports from new zealand, textile production in spain, and the use of medical technology in the u.s.? at t. rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. twe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. >> announcer: you never know when, but thieves can steal your identity and turn your life upside down. >> hi. >> hi. you know, i can save you 15% today if you open up a charge card account with us. >> you just read my mind. >> announcer: just one little piece of information and they can open bogus accounts, stealing your credit, your money and ruining your reputation. that's why you need lifelock to relentlessly protect what matters most... [beeping...] helping stop crooks before your identity is attacked. and now you can have the most comprehensive identity theft protection available today... lifelock ultimate. so for prot
FOX Business
Jan 2, 2013 11:00am EST
of job markets, a big pickup in the housing market, increased, you know, growth over in china age the rest of the world, not this -- adam: we're getting it, but answering my own question, contraction in europe, and china's the biggest party there. doesn't look to happen. >> in addition to the four year cycle, post election, the worst of the four years, indication we're in the bear market, that takes a lot to drive us to significantly all-time highs. adam: bear klausing are out, thank you. >> thank you. cheryl: the next guest says we should have gone over the cliff to force congress to cut spending. president of pure center for urban renewal. what happened, though, to the markets, to the economy over the cliff? that would have been a big mess today. you still say we shouldn't have done it, why? >> it would have been a mess today, but not in six months. what we should be concerned about right now is the deficit, the debt, and entitlement reform. what we've seen happen is postponement of the enevidentble, a discussion we need today. if americans felt the pinch of what the government of w
FOX Business
Dec 12, 2012 11:00am EST
. connell: are you worried at all about a slowdown in china? charles: europe is up. japan is. they will need natural gas and coal. global demand for this will be huge. this is one that i think people should own long-term. dagen: thank you. charles: by the way, i loved your interview with representative sanchez. dagen: thank you, charles. connell: a quarter past the hour, let's go back to the markets. nicole: we are looking at it now. they are digesting a big acquisition. as i noted, this is a top performer. it is up over 4%. let's take a look at the broader orchid and -- let's take a look at the broader market. the last time we saw this kind of trend it was up seven days. the dow is up. back to you. dagen: at it again. north korea launching a rocket. legitimacy of the regime. we will talk about that coming up. connell: to the stage for similar seeds in different areas of the nation. first, let's take a look at world currency. ♪ there is no mass-produced human. every human being is unique. and there is one store that recognizes it. the sleep nuer store. the only place in the world you'
FOX Business
Jun 11, 2013 11:00am EDT
in number, copper, major companies a run world, demand is not there, china could be in a slowdown but what liz is talking about is they have done well by cutting their costs, they cut employees and expenses, they cut their overhead. what is the second, the revenue top wine has to continue to grow. if that doesn't grow where else will take that expenses? liz: long-term and different sides. i am really taken with the narrative of the middle-class consumer coming in, new middle-class consumers in the emerging market. $3 billion more coming on line in china, going to hiring goods, even more, we have more employers hiring right now, the highest since 2008 according to manpower, the second straight quarter of companies hiring. we haven't seen that in a while. liz: 31 countries including greece and spain. liz: that is a macro trend. cheryl: you're in the middle of two strong opinionated women right now, about that. came out with an economic report that there will be performing, japan and the united states, we are going to be leading the global economic recovery. >> and won't denied that.
FOX Business
Sep 16, 2013 11:00am EDT
customize it to their logo and colors. we have clients from china that by here. the amazing reason for that is the chinese can do it for less money. our quality is better. a little bit of an uptick. dagen: you include the automakers. how does it feel to have a market rally? connell: sandra smith is at the cme with the latest. you have stock futures that opened last night up across the board. traders are taking note of the record high levels. we have been doing triple digit gains on a whim. you are less than a percentage point away from the all-time high. they are watching a lot of those key levels. nicole was saying earlier that is giving a boost. gold prices, they are up $11. they are not liking the reason why the stock market is where it is. they just do not like the business. back to you. connell: still awaiting president obama to speak at washington in any moment. dagen: we will bring that to you live when that happens. ♪. ♪ [ male announcer ] now, taking care of things at home is just a tap away. ♪ introducing at&t digital life... ♪ ..personalized home security and aut
FOX Business
Sep 20, 2013 11:00am EDT
. the new phones are exciting launching in china today, first time, and launching of the major markets, same day opening. dennis: what do you say? is main street in love with apple? >> when you see the headlines, it was just sort of like a okay. these jobs had these things. and another thing. >> the little extra something, maybe they telegraphed it perfectly, not unlike the federal reserve, wall street is what it -- they figure out a way to turn around. gross margins 36% from 42%. ultimately, this will determine how the stock begins. and the margins of around. >> asserting a bit of peer pressure with all these new colors, not whether upgraded to a more expensive one, or doing the x, three new colors, still have a black one knowing i am not going to a grade. >> this is the game they play. the new colors, the new funds, you'll also notice a fingerprint scanner built in. if you don't have the fingerprint scanner you have the 5, i have the 5s sitting here and lock my phone without being in my pasco gun you have to -- >> the whole core of that thing. dennis: the floor price phones t
FOX Business
May 10, 2013 11:00am EDT
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FOX Business
Jan 4, 2013 11:00am EST
gigantic contract in china. it was not a big price number, but it did set a floor for prices. i like the stock here. it had a real positive reaction to earnings today. by the way, they were also company of the year. connell: we are all in now, charles. thank you for that. platinum, one of the ways the president should really stick it to the republicans, apparently. many of you are about to find ouu how the government is taking out of your paycheck. payday and jeff flock has the story. jeff: are you getting a paycheck today? do you know it has less money in it? a lot of people do not know that. we will tell you how much less money and if anybody cares. a cold day in chicago. stay tuned. ♪ >> at 22 minutes past the hour, i have your fox news minute. a pakistani girl shot in the head has left a uk hospital today. she was targeted by the terrorist group for promoting education. she is continuing treatment and living with her parents. talks on the nuclear program later this month. the top negotiator agreeing to head back to the negotiating table. the islamic state last met in june. the talk
FOX Business
Jun 17, 2013 11:00am EDT
this, and now this, where is our relationship with china? >> i think it can withstand the pressure. especially in economic impact. that is going to be preserved, i think, china wants to move forward on the economic front. this doesn't help the situation at all. dagen: there are two separate programs again, the data mining of the phone records collection and internet involving foreigners. what happens, because you are getting heavy criticism from both sides, liberal and conservatives. >> we could see some legislation to rein in some aspects of them because there is the potential. but they are overseeing this program, we have congressmen being briefed on it. you could see politicians making hay out of this. i don't know how far it is going to go. my personal expeeience speaking to elected officials on this information is that once you see the threads, you support programs like this. dagen: are we safer and better off if these programs go away? >> that is exactly it. boston was shut down for a day. that is the alternative. this using algorithms to data mine is very less intrusive than
FOX Business
Dec 26, 2013 1:00pm EST
economy, china forecasting better than economic growth, but predicting doom and gloom for beijing. adam: the chinese may want to buy your home. how to make your home more appealing to an increased number of foreign buyers. the chinese are looking at u.s. real estate. we will be right back. this is the quicksilver cash back card fromapital one. it's not the "juggle a bunch of rotating categories" card. it's not the "sign up forewards each quarter" card. it's the no-mes, no-messing-'round, no-earning-limit-having, do-i-look-like-i'm-joking, turbo-boosting, heavyweight-champion- of-the-world cash back card. thiss the quicksilver cash back card from capital one. unlimited 1.5% cash back on every purchase, everywhere, every single day. notell me, what's in your wallet? easy, if it is furnished, comes furnished it is great. -@something that is, you know, again it is a safe haven for them. we'll see a lot more coming in the next year or so. cheryl: safe haven for them but what about the financing? are there financing issues when you have the chinese buyers coming in or are they strictly
FOX Business
Dec 23, 2013 11:00am EST
for the dow, nasdaq and s&p today, we're watching apple closely on this china mobile deal. this now gives them access to 750 million subscribers. they're planning obviously to move forward with this in early january and obviously the analysts are loving it. apple is up almost $17, a gain of 3%, 565 on the news. back to you. connell: they are loving it. official deadline for people to sign up for health care coverage under obamacare to be covered by the 1st of january. but changes in the law that the president helped to enact last few weeks, blurred the lines a bit in some people's view in terms of what the deadline today actually means. so to clear it all up our friend in rich edson in d.c. rich? >> if your health insurer canceled the plan because of the law you can buy a cheaper catastrophic plan or no plan at all next year and still avoid a fine. that is one of the several changes the administration announced to patch the insurance system together after the botched rollout of obamacare. even more of the law takes effect next year with the expansion of medicaid, government subsidie
FOX Business
Oct 9, 2013 11:00am EDT
. >> anytime you think about prioritizing that is the question. and china, japan, are we going to pay them first or social security and veterans' compensation for disabled veterans? i think the treasury doesn't make that decision. i don't sing they will, what they're likely to do with the following. all those bills come on monday. they don't have money on monday. they wait until tuesday when they when they have cash on hand and all the bills on monday. that can't go on forever but that is the best guess as to what they will do. connell: they wait for revenue to come in middle of the weekend that is from tax receipts in the middle of the weekend they will pay at. is there another date? i don't know if we are getting too far but is there a drop dead date. it would be a default. >> lockheed martin and the biggest contractor, and send the $1 billion bill from the department of defense and send it to the computer, doesn't get paid. we have a contract you have breached. the government has said we said we would pay you and you are not going to do it. more serious is what is happening at a short e
FOX Business
Oct 10, 2013 11:00am EDT
, strawberry and caramel. they candy will be launched in the united states and china in january. read his latest so i can reach ally bank 24/7, but there are no branches? 24/7. i'm sorry, i'm just really reluctant to try new things. really? what's wrong with trying new things? look! mommy's new vacuum! (cat screech) yoyou feel that in your muscles? i do... drink water. it's a long story. well, not having branches let's us give you great rates and service. i'd like that. a new way to bank. a better way to save. ally bank. your money needs an ally. >> i would hope mr. president would look at this as an opportunity and a good faith effort on our part to move halfway, halfway to what he has commanded in order to have these conversations to begin. dagen: chief economist, he called himself a denier in terms of the dire consequences if we hit the dropdead date on the debt ceiling. so to that point, they are proposing extension six weeks, november 22. why do it if it is not such a crisis? >> i think they are scared it is, and that is always a problem. for example, personally think tarp was a mass
FOX Business
Mar 27, 2014 1:00pm EDT
brief. hyatt hotels nouns they will introduce two new brand in china of the chain is planning to build 20 hyatt place and properties. first hyatt place will open near hong kong. hyatt house is aimed at extended stay travelers. hyatt will have six of its nine hotel brand in china. >>> u.s. pending home sales fell for the 8th straight month in february. the national association of realtors says seasonally adjusted sales index will drop, .8 of a percent. the index has fallen more than 10% over the past 12 months. >>> u.s. growth picked up a bit as the fourth quarter came to an end. the commerce department says gdp growth rate came in at 2.6%. that is improvement over the prior reading of 2.4%. that is the latest from the fox business network, giving you the power to prosper. cheryl: all right. in a possible game-changer for college athletics, the national labor relations board is ruling that northwestern university's football team can unionize. rich edson joins me now with more. rich? >> cheryl, supporters say this is a long overdue ruling. opponents, trike striking basketball team
FOX Business
Sep 5, 2013 11:00am EDT
indicates expansion. that pace of growth near 8 year high. boeing sees china's carefully dripping over the next 20 years. according to the annual sales out of china will need 5,580 commercial aircraft worth some $780 billion between now and 2032. that is the latest on the fox business network giving you the power to prosper. ashley: cbs went back on the air after a month of black out in a fight with time warner cable but the next big cable clash already peer. dennis kneale joins us with the skinny. dennis: one of the most recent times i had the word skinny. the next cable flash in the wall street journal talking about it, espn versus dish network and this could be more bitter and lead to going black even longer than four weeks of cbs so why would that be? you have a dish and charlie, the ceo, cantankerous and recalcitrant. these guys are willing to let channels go dark and say heck with you. last year in a dispute with amc, the walking dead network, they had that channel and its hit shows state of fear four months but espn wants to have a big negotiation and obviously push for a p
FOX Business
Dec 26, 2013 11:00am EST
be the tapering out of the emerging economies. i think china really wants to back down on the treasury purchases, maybe even start unwinding, shrinking its balance sheet. if they are selling treasuries, investors are selling, who is going to buy? the only one left are the feds. connell: we started the focus on this last week with all of the issues surrounding the cash crunch and central bank into their own economy. a lot of worries of china. how will that apply to what we're talking about here in the united states, if at all? >> welcome i still think very much bigger problem. the chinese are likely to see appreciation of their currency in 2014. that'll be a good thing for chinese wage earners. they can get a better deal on the things they need to buy. it will not play out so well over here because the chinese currency becomes more valuable, their goods become more expensive and americans already have a hard time buying stuff. look at a christmas sales, the worst since 2009. they believe the hype like the investors and the economists. they loaded up with inventory coming into c
FOX Business
Dec 10, 2012 11:00am EST
. dagen: a new report by the u.s. intelligence reveals china will have the world's largest economy by 2030. the councils global trend report takes into account factors such as localization and the environment. europe, japan and russia are also expected to continue to decline. connell: a matter of time, as they say. this fox business exclusive, we will talk about the war on business. it was a record year for anti-trust funds. dagen: the sanctions against iran. if this policy will change anything over there. the state of the economy and why it matters to you and this, the cost of crude oil. take a look at it. more than $86 a barrel. stubbornly high. ♪ >> announcer: you never know when, but thieves can steal your identity and turn your life side down. >> hi. >> hi. you know, i can save you % today if you open up a charge card account with us. >> you just read my mind. >> announcer: just one little piece of information and they caopen bogus accounts, stealing your credit, your money and ruining your reputation. that's why you need lifelock to relentlessly protect what matters most... [b
FOX Business
Jul 22, 2013 11:00am EDT
, sales of toys and souvenirs alone will bring in about $240 million into the british economy. in china, to earthquakes 750 miles west of beijing. 750 are dead. officials report 21,000 buildings were damaged and more than 1200 businesses as well. the pontiff told francis is at a youth conference this week. he says that young people are in conference and expected to celebrate mass today. those are your headlines. connell mcshane. dagen: the securities and exchange commission talking about security fraud for the city of miami. >> what exactly is the miami dealers? >> well, there is more money out of this slush fund. it was experiencing difficulty. but they also urged acity offial to make those moves and those monies were in reverse after city auditors discovered it. what the suv is also saying that the city of miami as well is hitting them with a cease-and-desist order. they are saying that the city official, his misconduct is appalling. he did these disclosures merely a few years after he offered the cease-and-desist order. as you can see the sec on program that has launched the vons uni
FOX Business
Dec 20, 2012 11:00am EST
to 2013 seeing the re-emergence of growth in china, better economic data out of brazil, improving things in india. looking around and finding not double digit opportunities but single-digit opportunities in what is going to be a tough year fundamentally. dennis: last quick answer, let's say we go over the cliff do stocks tumbled on that? should you buy? >> of course stocks are going to go down. look what happened when they voted down the initial t.a.r.p.. look what happened in the first negotiations. the market will trade down if we go over. is a matter of coming back to the drawing board and coming up with ordinary term solution. if that happens stocks will rebound. dennis: thanks very much. gentlemen. cheryl: apple is in the news today. u.s. patent authorities rejected apple's claims about its hinge to zoom feature, a big setback. you can see the feature on your screen. allows you to use your fingers on the screen to zoom in or out. in august 8th jury ruled samsung had infringed on patents and awarded apple $1 billion in damages. this newest and authority, wipes out at least par
FOX Business
Dec 7, 2012 11:00am EST
that has been staying very strong. a lot of hope for a chinese demand on top of more stimulus in china. supply deficit on that market and it sure helps to see the good jobs number. that was another supportive situation. when it comes to the copper market, we are again today. one of the strongest metals in the metal complex, the copper market. that is a good sign for economic growth down road. back to you, cheryl casone and dennis kneale. cheryl: thanks to both of you. breaking news into fox business. want to show you once again live pictures out of cairo, egypt. reuters is reporting protesters have breached a military barricade. that barricade is protecting the presidential palace. the protesters are upset about the president's decree giving him almost unquestioned power over his government but reuters reporting the barrier has been broken. they tried two days ago and were unsuccessful. those protesters have had success. we will keep you posted. fiscal cliff survival kit looking for a save haven, munis, maybe the way to go. we will do you y. dennis: employees of random house in for a l
FOX Business
Dec 27, 2013 11:00am EST
consumer electronics from hong kong into china. they have always, 130 feet long from what we are told stretching from hong kong to a garage. officials closed the tunnel before it became operational. it was going to be used to smuggle smartphones and tablets. never got to do it. cracking down on tech smuggling in general shutting down operation of smugglers with apple products input bags. this kind of thing is nothing new, but it was quite creative and while we're thinking but, let's take a look at the apple stock price. down by almost $4. freezing temperatures make it very difficult for utility workers trying to get the power back on for thousands of people still in the dark, maria molina has latest forecast coming up straight ahead. those looking to escape the cold are heading south. miami and other parts of southern florida preparing for what may be the busiest holiday travel week ever. that is right, ever. wwe'll take you to a report from fort lauderdale straight ahead. look at the currency assets in top of all the market against the euro. ♪ mm. mm-hmm. [ enne revs ] ♪ [ male a
FOX Business
Feb 15, 2013 11:00am EST
told china that it is ready to stage more nuclear tests this year. that is according to reuters. north korea has conducted its third nuclear test on tuesday. iran turned to china in an effort to find parts to speed up its effort. a new u.s. report shows iran try to smuggle thousands of specialized maintenance through china. it banned from doing so under united nations sanctions. the track star accused of fatally shooting his girlfriend has been accused of murder. he shot his model girlfriend four times through a bathroom door at his home. he will remain in custody until a bail hearing on tuesday. those are your news headlines on the fox business network. back to connell. connell: manufacturing and a manufacturing renaissance. plant closings are still far more frequent than plant openings. jeff flock is in illinois today. jeff: the old harbor of coleman factory here and rockford, this was 65 acres. i just want to put some perspective on this for you. this is one that has been closed now for several years. i tell you, it is not coming back. if you look, they look more closely at t
FOX Business
Oct 5, 2012 11:00am EDT
china. number three, i want to make sure our people have the skills they need to exceed, some have a lot of government training programs. that is all fine and well except there are 47 of federal government training programs reporting to eight government agencies, so the overhead cost of all of this word in and bureaucracy is killing. send it back to virginia, fair share and let virginia do what is right for the state of virginia with their money. cheryl: we have been listening to mitt romney got into politics. the jobs report coming out this morning. already issued a statement earlier about the jobs number. we will talk more about that coming up in a few moments with one of our experts. over to you. dennis: president obama's reaction, rich edson has the latest on that debate from the campaign trail also in virginia. rich. >> president obama leaving a short while ago, he is on his way to cleveland to continue his campaign stops but we got here today basically off the top was somewhat a victory lap from president obama on the jobs numbers claiming the positives minutes into his speec
FOX Business
Oct 31, 2013 11:00am EDT
the variables that make the united states more attractive than opening manufacturing plant in china? >> first of all, people. we have an invigorating workforce, we are highly productive, where the most productive nation in the world and we retrain our workforce regularly. the rules are the rules. sometimes too complicated. we are like number for the world today, all signs are pointing forward. peter: government officials are saying cheap energy in the united states. >> imagine a world where the united states will be energy sufficient. >peter: what are the reservatios clients might be having right now? is there anything out there like the fiscal colleagues in the washington, government shutdowns, health care form, obamacare, are they concerned about those things, do they make them hesitate and think twice? >> what those things do is create uncertainty. certainty provides confidence, and so if they were looking for some big policy changes. we need to get bac back to simpe vacation of regulation. if we did those three things, gdp would move from 2.523. dennispeter: you are a regular e
FOX Business
Oct 11, 2013 11:00am EDT
. >> in china they are building roughly 60 gigawatts. connell: not good times here. thank you very much. dagen: the answer to the debt crisis. the united states should start selling its gold reserves. connell: buried in the storm that nobody knew about. tenn of thousands of cows lost in south dakota last week. there is market reaction to this. speaking of markets, let's look at stocks now. winners on the s&p 500. ♪ thrusters at 30%! i can't get her to warp. losing thrusters. i ne me power. give me more power! [ mainframe ] located. ge deep-sea fuel technology. a 50,000-pound, ingeniously wired machine that oimizes raw data to help safely dcover and maximize resources in extre cdions. our current situation seems rather extreme. why can't we mimize our... ready. ♪ brilliant. let get out of here. warp speed. ♪ somertunities aren't always obvious. warp speed. cme group can help you navigate risks and capture opportunitie we enable you to reach ob markets and drive forward with broader possibilities. cme group: how the world advaes. so she could take her dream to the next level. s
FOX Business
Nov 9, 2012 11:00am EST
details at 1:00. dennis: the same when nixon was able to reach out to china, maybe the biggest spending president in history and fix the deficit and the debt that would be great. thanks for being with us. good reporting. cheryl: with reaction let's bring in former t.a.r.p. treasury adviser, and when your reaction about jetblue. >> based on the issues that going to be in the treasury department for the next two years, deficit reduction, major tax reform, those issues are in his wheel house so he is a very strong candidate. the other issue at the forefront is the international economy and financial system and on that score lyle brainer who is secretary of international affairs could be a very strong candidate and should be the first woman treasury secretary. cheryl: there are a lot of issues at this point that are facing the country in particular with regards to regulation. charlie was reporting on the banks, the bank ceo last night. one thing they seem to be willing to fight is the volcker rule. dodd-frank is in the books, it is over. they can still fight the volcker rule. how much of a
FOX Business
Jun 27, 2013 1:00pm EDT
captive in a dispute over severance pay when he moved jobs from china to india. he was released after paying 100 workers two months salaries at a cost of about $300,000. those are your latest headlines, back to lori and adam. great to see you guys. lori: likewise. adam: weeks after a federal judge ruled the unpaid interns should have been paid for their work on the movie "black swan" the similar case has been filed against gawker. but making full-time offers to over 55% of their interns this year, does it really make a difference if an internship is paid or not paid? john stossel is fired up on this one. a lot of people are fired up on this one. what is your take here? >> freedom of contract. if you make a deal with some employer, what business is it, you're not being forced to work there. i built my career with interns. i went to cbs, we had to do more research. think we are made of money? said cap i approach some colleges? the colleges were eager to give their students experience and a student is afterward often would say i learned much more working for you then in college and
FOX Business
Jan 31, 2013 11:00am EST
industrials, exposure to china, so you have a let's look overseas kind of theory going on. >> that is right. i am in a world with a factor emerging economies are growing 2 time that a developed economy and so the industrial space is particularly suited to take advantage of that and with respect to pharma we are at the beginning of what we think is a multi-year positive trend as we are nearly at the end of major pant expiration and a lot of these companies have held the pipeline for the first time so we think pharma is very undervalued over the past 12 months ended is a multi-year trend. cheryl: we are close, no cigar. we will keep our viewers posted. thank you very much. dennis: fear that rising unemployment may tender the rising stock market, fox business all stars with their take on all of it. cheryl: after the new york times of all places reportedly had the chinese government. dennis: hostess taking the lead bidders to own the twinkie brand and more. ceo greg raborn your next. cheryl: want to take a look at oil, oil money at 50, but you know what? pushing 100. we will talk about
FOX Business
Dec 7, 2012 1:00pm EST
ahead. we now are moving forward with that. some of the names include new china trust. that is one of them. this is something we have heard about aig. they have moved forward and try to sell different assets in order to pay for $182 billion. this is one of those moves. you can see of arrows. up $0.63 at 33.88. dow jones industrials gaining. talk to you. melissa: thank you. adam: it was the summer of 2011. q the scary music. the summer of 2011 and worries on wall street were high. he was a man, she was a woman. [ laughter ] adam: all sending stocks lower and the vix soaring. the vix has barely budged this time around and we are on the verge of a fiscal cliff. does the market think there is going to be a deal? joining us now from the pits of the cme. why do you think traders and investors think we will avoid the fiscal cliff? >> i think you will have this chicken little scenario. crying this god is falling. every time before a crisis materializes, they come up with something. you look at the principals in here, john boehner, president obama, timothy gardner, they do not sound like they
FOX Business
Dec 9, 2013 1:00pm EST
particularly take advantage of natural gas, china is looking at us, russia's looking at us, the rest of the world is like we would love to duplicate that. adam: is there any chance they have the kind of reserves we have in the united states? charles: i have read all kinds of stuff about the reserves. they all think they have an abundance of fossil fuel and they want to get at it they don't have to pay the price is the rest of the world are paying. this is a company that has been around, they know how to do this stuff that her than just about anybody else. it is one of these names particularly the market gets pretty volatile, investors like to have in their portfolio. lori: charles payne, stay tuned. adam: the mobile game maker behind the popular "candy crush" saga is delaying its initial public offering until next year. expected to debut on nasdaq with $5 billion offering before the end of this year, but the company believes it is better to wait and show it has other hit games in the works. it had a familiar feel echoing the success of farmville, but after the ipo, they lost 75% of v
FOX Business
Oct 25, 2013 11:00am EDT
how the world would change if we beat that run. china overtaking us as the central economy. these things we don't necessarily talk about every day, but what is the biggest x factor in this? politics, something else? >> like i said, if we are thinking about the midterm elections five years before barack obama was elected nobody even knew who barack obama was. things are going to change a lot. to predict what is going to happen. u.s. economy strong energy sector. if we really exploit those resources and remove our dependence from the middle east and middle eastern oil, that will increase our terms of trade, we won't be importing as much. dagen: i tell you this, lest the economy goes to hell in a handbasket, interest rates longer-term interest rates will surely be higher than they are right now and the bigger question is can you have a market that continues rallying with rates going higher? >> interest rates are at historically low level. a rising interest rates are not necessarily good for stocks but the majority of the gains come as interest rates are rising. when we are still at 2
FOX Business
Oct 24, 2013 11:00am EDT
again. we do have retailers and drugs looking good today. we got good economic news from china. we continue to get earnings. we are watching forward closely. they talked about global growth going forward. ford is up 1.4%. doing well with the ford focus. back to you. dagen: thank you, nicole. connell: the big story in d.c. today involves these contractors. they are facing some tough questions on capitol hill. dagen: basically a website that does not work front to back. rich edson is live with the very latest. rich: a lot of finger-pointing. we get this all the time on capitol hill. the lead contractor on this responsible for the exchanges in 36 states said it had eight technical reviews. the group says that the administration's decision to disable anonymous shopping, in other words, you can go onto the website without putting your name in and personal details, that glitch, that change created all of these problems. at this point, you are still getting tough questions from lawmakers. >> we, too, were ready to process. our first awareness of difficulties was ten-one. we attempted to d
FOX Business
Aug 27, 2012 1:00pm EDT
horrid for quite some time. there is continuing signs that china is growing at a much slower pace. overall, the outlook, while still positive, is much much rosier than it was at the beginning of the year and certainly in 2011. barring some major supply disruption. probably on the high side and will tread a little lower. lori: do you have a stock that you and your firm are loving these days or a pic or group q we look at commodities only so we do not look at stocks. we are focused on the fundamentals in the physical markets in the commodity itself, not the equities. lori: all right. kyle cooper, thank you so much. we appreciate the insight. >> thank you. nicole: up next. neil cavuto life in tampa. we will ask them what he will be looking for an particular. what he wants to hear out of these republicans at the convention going on this week. first, a look at today's winners and losers on the s&p 500. valero energy. there you go. and also m&t with the merger. ♪ tdd#: 1-800-345-2550 when i'm trading, i'm so into it, tdd#: 1-800-345-2550 hours can go by before i realize tdd#: 1-800-34
FOX Business
Jan 30, 2014 11:00am EST
say much of the phony stuff comes from china, stealing jobs and profits from american companies and enriching criminal enterprises and it can be difficult to spot the sony deer so they tell us the best advice is if something seems too good to be true that it probably is. connell: somebody you recognize. dagen: way to brag about going to a super bowl party and getting an invite from the nfl commissioner himself. >> you didn't invite me but got me in the front door. i am just jealous. dagen: more with cheryl casone from super bowl boulevard. can we stop calling it that? connell: the toboggan -- dagen: i don't care. cheryl is going to be in times square. connell: google's check on mobile hardware getting out. keeping some other parts of motorola, details coming up next, markets now continues. cheryl: welcome to times square. fox business coming to you live today from super bowl boulevard. where more than a million fans are set to visit between now and sunday. hello, everybody. i am cheryl casone. pepsico, frito-lay getting ready to debut their newest super bowl ad. i will be speaking w
FOX Business
Oct 8, 2013 11:00am EDT
$0.93. keep an eye on china. the biggest and most important market for yum brands. more as a cross on "after the bell." dagen: these guys are not going to do it, the federal reserve. the data charles payne says there is little to get people caring again and that is why so much money is on the sidelines. connell: people don't care? that is the worst state of mind. the senator coming up on things we need to care about. the crisis in washington that continues and social security benefit story we talked about yesterday and if there is a path to a grand bargain. senator tom coburn coming up. and a look at the world currencies and how everybody is faring against the dollar. >> 21 minutes past the hour, this is your fox news in it. divers searching have found the remains of one of the two people still missing in the 2012 disaster. remains believed to be that of an indian waiter. a new $100 bill makes its debut today after a two and half year delay. an array of high-tech features designed to stop counterfeiters. a blue security strip woven into the paper and you can see a new watermark of ben
FOX Business
Nov 19, 2012 11:00am EST
. china, every time we hear china is growing, it is a rocket ship. but how many people can allow in slick and go gamble. the time players are 72% of revenues, but most of that is also from slot machines. lose all the money they made that we can go back home baby with a t-shirt, the stock starting to do with the good. dennis: it is bigger than they discounted average bet, three times the best in las vegas. >> and other things, don't sleep on the singapore play. technically the stock has room, 46, 47 before rising resistance. if it breaks out, looking at $55 on the upside. cheryl: interesting. charles, thank you very much. cheryl: 15 minutes past the hour, stocks every 15 minutes, nicole, you are watching lowes. nicole: i am. the best performer on the s&p 500, new 52-week high for lowes. they came up with traffic and sales that were stellar, beat the streets. raising the forecast another good piece for lowe's and cutting costs and curbing store trends and even job cuts. the other side of the coin, same-store sales continue to lag, that of home depot still stronger of the two companies and 1
FOX Business
Dec 31, 2013 11:00am EST
celebration, lots of lights, major crowds, enjoy. shanghai, china, new york city, almost in the heart of times square in new york city and preparations getting underway. the barricades are already up and a million people will cram the heart of new york city. there is a look, ringing in the new year and a happy new year to all of you. stocks on track to set another record on the final day of 2013. lauren: it looks like stocks want to go out with a bang. could be the 52nd record close for the dow industrials this year. going through a new intraday high. yesterday they didn't do that, but they might today. closing at another record high. hitting any record high today. the nasdaq is up. looking at all 10 sectors positive this year. the discretionary sector up 40%, health care up nearly 40%, the less time they had been in the green was back in 2010 so really a broad-based year of gains. twitter stocks seeing green after two days of serious selling down 18% over the past two days getting back some of that momentum. twitter had been a volume leader on thursday, 3 million shares changed. a lo
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