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FOX Business
Jul 3, 2013 11:00am EDT
, this ahead of the u.s.-china strategic and check dialogue in washington next week and joining us from washington for a fox business exclusive, the former national intelligence blair, co-chair of the commission on the theft of american intellectual property. thanks very much for being with us, admiral. so the idea -- >> nice to be here, dennis. dennis: the idea of china steeling i.p. from us, how bad is the problem? could it be much worse? >> to put the $300 million figure in perspective, that's about the same figure as the number of exports that the u.s. makes to all of asia in a year so it's a big problem and although we see some signs that countries like china are beginning to develop an intellectual property regime, it's too slow. it needs to be speeded up and we need to protect american companies in the meantime. dennis: we just ran a chart that might be in error. we said $300 million. i think that ought to be a b ought in billion. is that right? $300 billion every year? >> i would be ex at that time i can if it was just that. dennis: are you saying that it was the sales u.s.
FOX Business
Jun 25, 2013 12:00pm EDT
. the numbers and what we a scene and the china. that certainly happened. north suriname, as far as economic news, it has been good. twenty-eight of the 30. a broad based rally underway. that is the environment. some names on the move and some under pressure like netflix and also bonds and nobles. however, there are plenty of winners to speak up today in the bank stocks. so that is the action we are watching here adelle. right now checking on the game's about three-quarters of 1%. that is the latest zeroth floor of the new york stock exchange. now a chicago with mr. phil flynn. >> reporter: on notes on watching the gold market are wimbledon. the goal started out with a big rally. some concerns. there will inject some money into the system, but that all went away when the dollar started to go up. why? consumer confidence, 5-year high. oil prices on the run. of course that brought the dollar back up. that broadened to the dollar. of course gold went back down, we're coming up again. the other big news from every time copper went below $3 it cannot stay there. definitely helping the co
FOX Business
Dec 4, 2012 11:00am EST
the best of the bunch question that europe is still a mess. how is china doing? >> we are actually doing the best. just look at china. the chinese economy is actually not doing that well. there are a lot of complex. the new party just took over the control. there are a lot of things to figure out. the u.s. is in the best condition right now. we have to get past this fiscal cliff and move on. connell: we probably would be talking a lot more about china and the transition of power and how president obama is supposed to do without. when you say there are economy is not doing that great, does that mean it is in jeopardy of a tough all, or it will hang in there? >> i think it will hang in there. china, i think, will grow. reasonably, i have seen some analysts come out and be pretty bullish. their economy, the outlook is willing not that bright. although, they probably will not fall hard. china is sort of setting their status quo. i think the u.s., again, back to the u.s., they have to get their act together. connell: a few days after the end of the year. that is just silly, if you think
FOX Business
Sep 23, 2013 11:00am EDT
they see. we don't know the breakdown of china that was a new market for the iphone. so how much can we read into the strength because that 9 million was at the top end of what people were expecting. >> would it shows is despite the fact there were not very many ground breaking things is that apple still enjoys a large customer base and people of gotten frustrated with the tim cook version he just is not rolling out the products fast enough. you saw they expected to hit the higher end of sales projections for the fourth quarter they will just have a faster quarter based on the phone. dagen: looking at the microsoft surfaced tablets announcement, can it make any type of dent? the ipad is getting old can make a dent into that business? >> it is in its own unique situation where they have a lot of cash they are starting to make moves there is the old adage that to he who controls the most wins at the end of the day the fact is microsoft has been relying on a the personal computer too long now we saw the move with nokia so i expect them to do some great things. whether it pays off ti
FOX Business
Jan 11, 2013 11:00am EST
year. and a lot more in 2014. we keep talking about china a lot. connell: thank you very much, charles. dagen: quarter past the hour. stopped now and every 15 minutes. >> their holiday sales were flat . that usually means they have fails the clients. they saw strength here in the united states. the new plan is working. best buy and unusual winner today. i also want to take a look at the bond market. the dow jones up about three points right now. the sectors that are showing strength are staples, energy and technology. back to you. connell: thank you. dagen: the controversial topic of video games and nonviolence. so the government regulate this industry? connell: the chief executive officer of apple says china will some day be his company's biggest arc appeared we will talk or about that as well. speaking of going global, look at some of the currencies around the world. we will be right back. ♪ [ malennouncer ] at scottrade, we believe the more you know, the better you trade. so we have ongoing webinars and interactive learning, plus, in-branch seminars at over 500 locations, where ou
FOX Business
May 15, 2013 11:00am EDT
: the attention of the people bank of china. dagen: money is also cheap. corporate america taking advantage. those stories and so much more coming up on markets now. ♪ connell: didn't i tell you there is plenty to talk about. dagen: oh, my word. connell: let's go to nicole petallides. nicole: the dow is just turning into positive territory. the s&p 500 at record intraday highs. nobody has ever seen these levels on the s&p 500. the nasdaq with an up arrow. back to you. dagen: thank you, nicole. connell: in tolerable and inexcusable. conservative groups and eric holder will testify on capitol hill in a couple hours on this. they ordered the fbi to investigate this scandal. dagen: joining us to debate, discuss, dig in, a fox news contributor and joseph banister a special agent at the irs. we will start with you first, joseph. how much of this do you see just blatantly illegal? >> quite a bit, actually. i saw that there was at least nine possible disclosure violations. nine applications before they had been approved with a private group, all kinds of treasury rules of conduct that w
FOX Business
Oct 9, 2012 1:00pm EDT
every quarter to china, visit a lot of different companies, we want to get a feel for what is happening in the tech world, what we are seeing around apple is continued strength around the iphone 5, and also around the soon to be launched ipad mini. these are new products that have yield issues at first. melissa: why do you think the stock has gotten crushed? from the all-time high, it's hard to say there's any one thing. what you say is driving it? >> we are in the pre-earnings selloff. earnings in general will not be great, people know what some, investors know it, selling ahead of old stock. it falls on that. the second thing is there's a lot of concern around some of these supply constraints. we talked about the past week obviously some constrains the iphone 5. and strikes heavily rattled some people. and apple has had a huge run since july, it is susceptible to the profit-taking. melissa: how do you feel about all those things? you have been right, but now with this pullback, are you getting nervous? >> not at all. people have got to realize this is not fundamental. this i
FOX Business
Jul 1, 2013 11:00am EDT
coming forward. connell: that is what i thought the big thing was about china. listen, you have to stop spying on us. stop these cyber attacks. that is probably, i would think, our most important bilateral information. if news like this comes out, it is not the news that shocks us necessarily. you are not saying they are going, oh, my goodness they are. >> look, we know a lot of these terrorists networks are grounded in europe. we know that. i was not too surprised to learn about this information. let me circle back to china. talking about trade relations with europe. what is going on with snowden right now and the fact that china has not been cooperative is a big problem with respect to our economic relationships going forward with china. this is not a small incident. china has become our major trading partner. i think there will be some blowback because of this. connell: that is what we will probably focus on longer-term. this is very interesting. the first one said putin is saying russia will never hand over putin. then, putin says, oh, okay if snowden wants to stay in russia, he mus
FOX Business
May 7, 2013 11:00am EDT
companies. now china is involved. we have got to be as a country we have got to be aware this is where the next war is going to be fought. connell: thank you. we are not secure, that much we have learned the hard way. thank you for coming on. dagen: stocks now, oil prices down slightly today, tensions over syria is slightly, but still stubbornly high. managing director and security fortinet these stocks in the energy group have not outperformed, they are kind of middle of the pack group. do you think they can take off later in the year if oil stays this high? >> i think the group underperforms the rest of the sector, people will chase yield like sheep they will see they can prop up performance which is what has been happening the last couple of years. we are seeing the transitional shift at the pump right now. talk about the refineries transitioning, the price is recklessly go up when the physical demand is not there. i don't think we will see a direct correlation and the price at the pump or the actual barrel. dagen: thank you for being here. connell: let's talk about microsoft set to upd
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
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
Mar 28, 2013 11:00am EDT
. scoring at least one win over china. google's glasses will be made by china's fox con, but in the united states. google is set to play lucky 8000 people the chance to buy these glasses in the next several weeks for $1500 a pop. take a look at google today. there you go. down just a little bit. we heard the argument for the bowls. we will hear why the world will come to an end with a giant top market crash. if you do not want billy bob down the street handling or stuff that you just bought at walmart, well, you better speak up now. ♪ i'm a conservative investor. but that doesn't mean i don't want to make money. i love making money. i try to be smart with my investments. i also try to keep my costs down. what's your plan? ishares. low cost and tax efficient. find out why nine out of ten large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. >> i and adam shapiro with the
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
Mar 4, 2013 11:00am EST
. cheryl: hello, everybody. god to be back. blame china. the dow is lower as the shanghai market suffers the worst drop in 2 1/2 years. a guest says that bank stock, though, may be about to buy them. dennis: the budget cut is already being felt at the airport with long security lines but how can that be as furloughs haven't begun yet? ho cheryl: we're talking about internet espionage. dennis: i'll talk to the national security agency. he's ahead. cheryl: it is the top of the hour. right now stocks down. sandra smith is on the floor of the new york stock exchange and china kind of hurting our markets over here. what's going on, sandra? >> lots of worries about global growth and that's weighing on market but take note that things could change on a dime here. we're looking at the dow down about 14 points, nasdaq down just a small fraction of a percent and the s&p 500 pretty much flat on this session. this is after we saw a significantly bigger loss earlier in the trading session and remember, the dow closed at its third highest level ever on friday so these are not huge losses following up
FOX Business
Jul 5, 2013 11:00am EDT
strengthening cyber security. the event in washington will mark the first gathering of u.s. china cyber security group. a small but growing number of closing retailers are bringing some production back to the u.s. 800,000 jobs have moved to foreign clothing factories. the dark knight returns number two comic book cover will be up for sale next month in dallas. the cover created by writer artist frank miller is expected to go for more than $500,000. that is the latest from the fox business network. giving you the power to prosper. ♪ before despite the stronger than expected job numbers out, there is still a big fear among workers currently employed to go out there and look for a new job. jeff flock is in illinois with more. jeff: i am at a place called apex plastic. a lot of workers do not want to be first in, or lasting, first out. you have a lot of temporary workers. >> get rid of some of the uncertainty about obamacare and the taxes so i know exactly what is going to happen. not knowing what they are going to do next is making it a bit problem for us. jeff: this is the way peo
FOX Business
Dec 12, 2013 11:00am EST
cracked down, china cracks down because of a big corruption scandal, still october the sales were up 31%. ironically last time las vegas answered, revenue was up 31%. i don't think the stock is anywhere near where it should be. this should be closer to $100, in the 70s right now. in this environment with the market looking a little shaky, i feel very comfortable in this thing even though execution hasn't been great. dagen: have you looked at mgm grand? charles: no, but i have played a more localized play. these guys have the best footprint, and i think they have a great group in singapore as well. the stock is undervalued. wall street has high expectations for them, does not mean they are not doing great. when revenues are up 32%, just set a record and wall street says it is not good enough, i don't always overlook it but in this case maybe we can give them a break. connell: all right, let's go check it out. charles: we should do that. dagen: i am there. connell: speaking of traveling and real estate. the segment on real estate coming up. mauricio will talk to us about what you have
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
May 30, 2013 11:00am EDT
dagen: hey, charles. good to see you, my man. selling out to china. forcing americans to shape up or opt out. why the obamacare law will have little tolerance for smokers and the oldies. privacy rights are a concern here. those stories and so much more today on markets now. ♪ dagen: i know it will be a good day because i did not trip walking over here. there is a new report out on eye contact. it is falling at alarming rates. what is to blame, smart phones? tablets? i want you to treat us and tell us what you think. we will get to some of your responses later in the show. right now, it is stocks now. lauren simonetti is at the new york stock exchange. >> we are looking at a market to the upside. up about 78 or so points. financials are putting in a strong performance. energy is down. dagen: close to sealing a deal to require smithfield food for $4.7 billion. the largest chinese takeover for an american company today. bob mcdonald is with us today. governor, good to see you. they are promising to keep their jobs there. not move the company. the management will stay in place. are
FOX Business
Aug 22, 2013 11:00am EDT
. charles: it is not pandering. when they sell their products in china -- connell: you are on it today, charles. hewlett-packard taking a dive today. let's go to nicole. she is tracking the stock for us. nicole: we are down 26 negative dow points. they are attributed to the losses that we are seeing in hewlett-packard. down about 13.5%. you are right, the dow would be higher if it were not for hewlett-packard. the ceo said that sales growth is unlikely. one reason, the enterprise group. a group that really was supposed to be taking on ibm. that group was a disappointment in the latest quarter. connell: thank you. can we finally put this to rest? the debate over energy dependence. we will talk about it coming up. plus, the tragic death of this bank of america intern. there is new information to out on that. first, more markets on markets now. take a look at world currencies. ♪ [ male announcer ] how do you get your boue? bounce is great because the freshness lasts for weeks in the drawer. why can't everything stay fresh that long? [ male announcer ] how do you get your bounce? [
FOX Business
Jul 19, 2013 11:00am EDT
prices were popping this morning on china interest rates bank reform. loser monetary policy, more demand. the story of bahrain overnight. demonstrations, the car bombing perhaps by an iranian backed group, will traders talking about that, seems to be calm and down. taking some profit into the weekend. a big spike in gasoline prices on word of another refinery problem going down, but that is coming down a little bit so hopefully it comes down a little bit, hitting the highest levels we have seen in weeks. back to you. cheryl: thanks, phil. phil: thank you. dennis: in today's "media minute," cable class. blasting time warner cable in the current contract talk. cbs says it will go dark by next wednesday in 12 million homes searched by time warner cable unless they can agree on a new pricing. say it ain't so. they could disappear for weeks. time warner cable began talks by demanding a price cut but this is a fight for respect, more than five times as many viewers as espn, but espn gets $5 per month, cbs fee is less than $1. just getting started, already we have two more likely flops.
FOX Business
Jan 15, 2013 11:00am EST
place to be. dagen: investing in china's stock market. why the country is making it easier for you to place some bets there. take a look at the treasury market. they are fighting over the debt ceiling. no worries about our ability to repay our debt. ♪ [ male announcer ] where do you turn for legal matters? maybe you want to incorporate a business. orrotect your family with a will or living trust. and you'd like the help of an attorney. at legalzoom a legaplan attorney is available in most states with every personalized document to answer questions. get started at legalzoom.com today. and now you're protected. >> i have your fox business brief. conoco phillips is selling some of its properties in north dakota and montana. the deal is expected to close in the first quarter. shares of usa compression partners are under pressure. the pricing of the company of 11 million shares at $18 each fell short of the estimated range. they are the first ipo of the year. shares of given imaging are trailing on news that they are taking itself off the market. they are no longer considering a sale
FOX Business
Apr 26, 2013 11:00am EDT
. i think europe is still struggling with tremendous unemployment. china is still enviable, but far below their 10% threshold. we think that china slowdown will help. ultimately, the u.s. is better insulated from the actions in european china. cheryl: let's talk about earnings. it is a huge week for earnings. dow has been up for out of the last five sessions. you are concerned about provisions. >> yes. a number of companies are revising downwards versus the number of companies adjusting upwards. we feel that the low interest-rate environment is allowing companies to borrow and do more with less. in a downward environment where earnings continue to be, or expectations continue to be lowered, it is hard for the company to rally. cheryl: we have been up for out of the last five sessions. >> we should never misunderstand wall street from main street. i think main street is still kind of slashing a long. yes, given the risk premiums that are available on stock, it still is the best place to put your money, just do it selectively. cheryl: looking at consumer sentiment that came out today,
FOX Business
Apr 16, 2013 11:00am EDT
about china, that was the story yesterday before the talks of boston. g.d.p. was 7% but it's still affecting traders here. >> it is but i will say at this point for a year, maybe a year and a half now, people have been suspicious about the economic numbers out of china so really, if you have a china centric stock, that's pretty much factored into it these days. i wouldn't expect china to really upset the market over the long term. cheryl: they had the ability to do that, unfortunately. james, thank you for coming down. once again, fox business here all day long looking at the extra security measures in place not just here at the new york stock exchange but all around manhattan and lower manhattan and we do have, of course, heightened police presence all around us right now, dennis. of course, on high alert after what happened yesterday in boston. sending it back to you in the studio. dennis: great stuff. thanks very much. and we've got oil below 90 bucks a barrel. good news if you're filling up at the pump. bad news if you own the contract. we're live at the c.m.e. with how you can
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
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
Dec 9, 2013 11:00am EST
near its highest point in almost six weeks on a rebound in china imports and a falling u.s. unemployment rate. connell: sandra smith is here with the trade joining us from the cme in chicago. >> reporter: hey, guys. right now prices up about ten cents on the session, but we're at $97.74 a barrel, so we start to talk about potentially triple-digit oil prices here when we do see that the latest cfdc reports are showing hedge funds and large money managers are increasingly bullish in oil and in general in the energy market. that chinese trade data we also saw imports, oil imports up 19% in the latest month, and we've got that employment report that's bullish oil to. trey, you don't really think it's all of that driving oil prices, however. from a trader's perspective, you say something else is at work here. >> you went from 112 to 92, a bounce is reasonable. the other thing for right now i think is a little bit friendly, and don't get me wrong, i think we're going to run into problems at 100. i'm okay with it higher, but i'm not super bullish above 100. look at the term struct
FOX Business
May 31, 2013 11:00am EDT
the rise of countries across the world, not only china, but india, vietnam, brazil, mexico, that we have a workforce that is highly skilled and able to earn our way in the world and it is crucial because we cannot afford the drag of millions of unemployed people of working age who are out of work. >> reporter: some of these apprentices are actually opting not to go on to college after their apprentice. they just want to stay on the work track. they said they don't want student loans to be burdened with later and feel that the education system here is even obsolete. one final figure, the european commission is estimating about $200 billion in 2011. this is looking like there is an annual figure, $200 billion lost in all, having to pay benefits to young people who are not working and loss in productivity and also tax revenue. so that is a really big hit. dagen: thank you so much for that, in the kellogg, for us from fox news. also a hit that this country needs to be wary of -- board about as well. to weigh in on that, former democratic senator byron dorgan of north dakota. very easy t
FOX Business
Jun 19, 2013 11:00am EDT
continues. >> as ups looks at that, you continue to expand your ground fleet in china. >> right. we were made very bullish on the growth in general. the trick is to adjust your network and to build the right capacity. for example, in europe, we are seeing tremendous growth in our ground services. the volume flying airplanes is relatively slow, but the growth moving across europe are good. >> fedex was the first with overnight delivery and the airfleet. you moving to germany, they pull out of germany. that took a long time for ups to make a profit. now you are based there. >> there are a lot of competitors in the market. we knew that europe, long-term would be a great investment. every country is a different situation. the trick is having the discipline to understand where the market is. one of the recently expanded rapidly rapidly in the last decade to create a broader set of solutions. in some markets, it is not all about small packages, it is about pallets of freight. >> any kind of advanced preview that you can give us? >> we are not updating being this late in the quarter. gdp in the
FOX Business
Feb 4, 2013 11:00am EST
against china. dagen: i had the ravens, did you? by a field goal, 27-24. connell: nobody knows football like dagen mcdowell. clearly. dagen: stocks now has to do every 15 minutes, nicole petallides at the new york stock exchange. nicole: a good bet going. if yo you're betting on the mar, 14,000 mark a little disappointed today, we are pulling back, dow jones industrials down 116 points right now. a majority of the dow components, 28 of the 30 were in the red, only two names, green arrows, there is ro rod-based selling going on, the retail stocks all with down arrows. some of this is coupled with number one, very far, very fast. and you have a strong dollar, worries of europe once again factoring in. and they look at oracle, up over 1%. down 1.6%. up over the $2 billion deal. obviously the equato acquirer cg in. dagen: energy attorney announced friday he will be leaving that post pending confirmation of his successor. who could be his successor? one rumor if it could be our next guest. at least on the short list right now. joining us now, former north dakota senator, good to see you. are
FOX Business
Jun 20, 2013 11:00am EDT
always fun. dagen: stocks now and every 15 minutes. it is not just about us. it is also about china today. nicole: absolutely. it did jump. this would normally be a few percentage points. what you have is the central bank there is not printing money. it is not making money available at an affordable rate. this is the problem. the question is whether or not they are doing that on purpose. we will see what happens. that really is moving over our markets. traders have been talking about that. it really brought on the selloff yesterday and today. there really is no safe havens. back to you. dagen: thank you. connell: there really is no and. dagen: it has to. it cannot go on forever. peter: the fed chairman sneaking up on the punch bowl. bernanke said the fed could slow its bond line program later this year, as long as the economy keeps growing and unemployment falls. in a note to clients, renaissance marker research said we suspect the markets are significantly overreact into the process of tapering. rbc capital markets said one of the big surprises in bernanke's press conference was th
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
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
Sep 25, 2013 11:00am EDT
up. connell: china's online giant ready to skip over hong kong and come straight to the united states. dagen: adults and costumes are, well, exciting. connell: what take a look at oil. ♪ nascar is about excitement. but tracking all the action and hearing everything from our marketing partners, the media and millions of fans on social media can be a challenge. that's why we partnered with hp to build the new nascar fan and media engagement center. hp's technology helps us turn millions of tweets, posts and stories into real-time business insights that help nascar win with our fans. [ male announcer ] now, taking care of things at home is just a tap away. ♪ introducing at&t digital life... ♪ ...personalized home security and automation... [ lock clicks ] ...that lets you be cloto home. that's so cool. [ male announcer ] get $100 in instant savings when you order digital life smart security. limited availability in select markets. ♪ i'm, like, totally not down with change. but i had to change to bounce dryer bars. one bar freshens more loads than these two bottles. i am so gonna
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
Sep 24, 2013 11:00am EDT
authentically disney, distinctly chinese, the first park that will be built in mainland china and i think it is really exciting having grown up in the united states and the 50s streaming about going to disneyland one day, my wish came true, thinking about china and all those kids, all those people dreaming of going to disneyland one day in their country, that is something to be excited about. dennis: it could further the appetite for other disney content by doing business there. >> it could but the goal is to create a very unique, very high-quality experience that does not exist today in china because disneyland isn't there. dennis: walt disney world orlando is the most attended theme park in the world under any brand, won't shanghai disney ultimately have tripled disney world? >> you're dealing with a country of three hundred million people more than that, there are great opportunities but we want to open it and not make any predictions long-term. dennis: we are ready to wrap so let's skip the mobile thing and go to your future, you're going to be retiring from the company in mid 2
FOX Business
Nov 22, 2013 11:00am EST
parts i likcy they in chitat.s foothe china is looking at our natural gas miracle, and it won a pe of the a knion. cherob: i noticed that you always look good management. you really study that ceos. >> i a ays go to the founder. to the philosophy of the founder i try to see if mance comenas 3 there are a lot of companies. this is a stours that we were i the, keep missing. this same story. amazing potential. matatgement canar execute. you get rid of these guys. football fans know, a kansas quidut all you needed was a new coach. >> look at where it is now. where does this falearto if it s going to hurt the stock? $4 what happeeq with the industry, it is either they're just rine lapng that gas bininae the, want to get in at 3evi. they're running in off. so just burning ona . instead of doing all that lets liquefy it, use it and ship it. you will see more of these lirovid natural gas stations. government and large corporation dehas tois: those zero things fr @%e barbeques. thank you very mucy r cheryl: the bay area transit system known as far down this mod.ins, commuters scrambling. we wi
FOX Business
May 24, 2013 11:00am EDT
businesses to protect their trade secrets. mostly from hackers and china. it suggests changing u.s. law t allow private companies to hacked back at hackers if intellectual property theft continues at its current considerable pace. one analyst says, that's a bad deal. >> it could turn against you as well because these are very sophisticated people. what if they do a ruse attack and exxon mobile decides to go attack what they think is a hacker server and a reality is an american server and wind up destroying somebody by accident. is a very dangerous thing. >> this country should operate on defense. dagen: have a great weekend. make sure to stay tuned for one hour to of cyber security hoste by a connell mcshane called at risk, the cyber threat on monda at 1:00 p.m. eastern time. the special takes an in-depth look. a critical infrastructure of financial markets, emerging technology. it sounds great. i have not seen it, but i will. wall street already in flight. the big money players said now to the memorial day weekend. the exodus from flight aware tracking of lights going out east. in
FOX Business
Sep 30, 2013 11:00am EDT
. they are still here. they are here. they are still here. where are you visiting from? china. connell: have a good one. they like your report. let's br jacobson and charles payne to talk about the markets. brian is not worried. that will reassure everyone, i hope. >> if i am not worried, no one should be worried. it will really derail the economic recovery. i think it will be temporary and transitory. dagen: charles, what do you think? charles: a lot of people talk about how well the market did immediately afterwards. i am with brian on this. if the market pulls back substantially, i will just sit back and actually solve it. i think it is way over. connell: the thing that steve forbes brought up is a few weeks from now we have the debt ceiling fight. charles, you first on that. charles: the debt ceiling had a much more significant impact on the economy the last time. at some point, the dreaded word will have to come up in washington, d.c., compromise. you can argue whether this was the right battlefield for the gop, particularly. i think they draw the line in the sand. dagen:
FOX Business
Feb 14, 2013 11:00am EST
television for decades have a halo effect and they are really undervalued especially if china and india buyers coming once the economy stopped slowing down so much. >> warren buffett agrees with you. dennis: thanks for being with us, james leventhal. let's go in depth on the american u.s. airways merger. tracy: jeff flock is at o'hare airport with what it means to you as an airline traveler. i am nervous. jeff: they are happy out here. i have the vps of u.s. air and america with me. first the details. look at the deal by the numbers. the combined deal is expected to close some time q 3 of this year. $1 billion in annual savings, $1 billion in costs to put it together, doug parker, the new ceo of the new american and here's an interesting one, 72% to the american side, 28% to the u.s. airways side and that includes for the american folks some of the folks who had american stock in bankruptcy. that is unprecedented. this seems like a win/win. the vp of american airlines, is a win/win. >> it is win/win for employees and customers and as we thought about the combined airline in a position t
FOX Business
Aug 9, 2013 11:00am EDT
. dagen: i want to do more than just sit with them and say you are so big in china. dagen: thank you so much. we will see you this weekend. fox news channel, and julie will be there. the ncaa pol pulling the heisman away from reggie bush for selling his autographs and then they went ahead and sold merchandise online. we will dig into that story. disney ceo at the fan festival in california, he will be talking with our dennis kneale in an exclusive interview. but dennis is here first. how the world currency is doing against the dollar. [ male announcer ] imagine this cute blob is metamucil. and this park is the inside of your body. see, the special psyllium fir in metamucil actually gels to trap some carbs to help maintain healthy blood sugar levels. metamucil. 3 amazing benefits in 1 super fiber. >> 24 minutes past the hour, this is your fox news minute. the u.s. is warning americans not to travel to pakistan, it is evacuating the nonessential personnel. u.s. officials the domestic and foreign terror groups are a threat to americans in pakistan. this latest evacuation is not related to
FOX Business
Jan 23, 2014 1:00pm EST
influence was china this morning. they really echoed that sentiment. what we saw from china was a contraction in manufacturing. below 50, that reading. that doesn't show good news for the economy and the like. the fear index has been to the upside, you have seen that and investments to protect against this type of global economy or global action. and then you start to see gold, for example, gaining throughout the day. the 10-year treasury bond, the yield has been falling throughout the day. now 2.87%. back to you. dagen: thank you, nicole be at >> the company is getting hammered on new calls for an investigation. a democrat from massachusetts sent a letter to the fec and ftc asking those agencies to look into the companies business practices. he is making that request because he says some of his constituents have lost thousands of dollars after they signed up to become herbalife distributors. the most prominent lawmaker so far to call for action against herbalife, and it comes more than a year after activist investor bill ackman first called herbalife a pyramid scheme. herbalife i
FOX Business
Jun 7, 2013 1:00pm EDT
china's president in california starting today. former white house stivers are howard schmidt is our special guest. as did you updated on the markets as we do every 15 minutes, add to the floor of the new york stock exchange and nicole petallides. clearing recent losses. >> reporter: an exciting week on wall street. very volatile out back-and-forth action. we get our jobs report, our monthly jobs report which is a little better than expected. that helps stocks along. bring back the uncertainty of whether the fed may tighten said that later. and then that puts a damper on things, but you do have the rhetoric happening. we have watched what went on in japan to this week. just to name a few things that have occurred. we really have had a lot of back-and-forth volatility. the dow jones industrials up 165 points. let's take a look. right there, the dow jones industrials, for the week, winning week on wall street. 15,115. almost 100 points to the upside. the other two averages, the nasdaq and the s&p 500. closing at 1630. to the upside there for the s&p and the nasdaq. at 3455. and look at
FOX Business
Oct 23, 2012 11:00am EDT
hit it hard enough? >> absolutely. that romney talks about what we need to do in terms of china and currency manipulation. we talk about our friendship with israel. there is no one that believes that president obama has bent over backwards to solidify our relationship with israel. i think mitt romney is exceptionally strong and that ray. they have demonstrated it in their talks and actions. i think mitt romney coming across presidential. dagen: in two weeks time hopefully we will know. congressman, thank you event hopefully? dagen: well, you know, it has happened before. congressman, tank you very much. connell: we may not know. we will pick up one of the points about china. it came up towards the end of the debate last night. the moderator bob schieffer asked romney if he thought it would spark a trade war. >> they sell us about this much stuff every year and resell them about this much. it is pretty clear who does not want a trade war. there is one going on right now which we do not know about. it is a silent one and they are winning. connell: what do you make of this whole, you k
FOX Business
Oct 25, 2012 11:00am EDT
says china will be promoting more businesses. connell: and more what could be a devastating winter storm along the entire eastern seaboard. this will be a bigger and bigger story in a few days. all over that on "markets now." and we are keeping an eye on oil. gas prices, $85 oil today. we will be right back. follow the wings. all eyes, right here. this is our year. i thought it was last year... turns out i was wrong. none of us would walk in here and settle. that's how we a! i forgot what i was going to say. patrick, i want 100% commitment! because i care man, ok? who are we!? 49ers! 49ers! 49ers! yeah! [ all cheering ] what the heck is going on in here? sorry coach, i just got a little carried away. alright, i think we're good. [ morgan ] for a chance to be in a locker room on game day and more... join visa nfl fan offers andnd make your season epic. dagen: we do stocks now and every 15 minutes. the call watch a couple of airlines. nicole: i am, indeed. delta and u.s. airways higher earnings earlier in the week in revenue trends looking so much better. let's take a look at two nam
FOX Business
Feb 12, 2013 11:00am EST
eyes open for apple, that is for sure. the organization says a majority of growth will come from china. that is the latest from the fox business network. giving you the power to prosper. ♪ dagen: you can use it to express your feelings and knowledge you can use it to shop online. paid by tweet allowing cardholders to buy discounted products by using hash tags. they will send a confirmation tweet before processing the transaction. amazon kindle fire, sony action cam and xbox 360. connell: we are talking about tax reform. if we want some guidance, we should look at the states. scott hodge is joining us now. which state should he be looking at as an example or guide? >> the first place to look is louisiana where governor bobby jindal is about to introduce a very bold plan. we are also looking at nebraska where the governor there. connell: we have done the story a couple times, at least broadly. we will see a test of conservative versus liberal technologies over the next couple years. they have to balance their budgets. income taxes -- we will see which, essentially, we will see which ta
FOX Business
Oct 31, 2012 11:00am EDT
. cheryl: election day back, up next, the china card. dennis: first, take a look at today's winner and lossers on the s&p. with the fidelity stock screener, you can try strategies from independent experts and see wh criteria they use. such as a 5% yield on dividend-paying stocks. then you canustomize the strategies and narrow down to exactly those stocks you want to follow. i'm mark allen of fidelity investments. the expert strategies feature is one more innovative reason serious investors are choosing fidelity. now get 200 free trades when you open an account. so, which supeast 4g lte service would yochoose, based on this chart ? don't rush into it, i'm not looking for the fastest answer. obviously verizon. okay, i have a different chart. going that way, does that make a difference ? look at verizon. it's so much more than the other ones. so what if we just changed the format altogether ? isn't that the exact same thing ? it's pretty clear. still sticking with verizon. verizon. more 4g lte coverage than all other networks combined. dennis: hurricane sandy by the numbers. close to 20,0
FOX Business
Jul 18, 2013 11:00am EDT
losing its place as world leaders to china. perve -- perspective on that. the best ever quarter, the ceo here in the hour to talk about that. that interview in 20 minutes or so. talk about baking. nearly 130 million people in the midwest and on the east coast who are just dealing with the scorching and a dangerous heat wave, so all of that and dagen on this hour of "markets now". dagen: we will not talk about the blurred lines video this hour. connell: perhaps we can get into the blurred lines, whatever ben bernanke has to say to congress today. that could be the different take on it in this hour. dagen: exactly. triple digit gain on the dow now. all-time high, annie coal, what are you looking at specifically, nicole? >> they are the first headline story is 15588. the dow jones hit an intra-day all-time record high, obviously, had a tough go after ben bernanke eluded to tapering back on the may 22, the markets dropped a thousand points, down to 145 only to come back now, in a few weeks, so, so far, so good. health care is doing well. united health care is a big leader on the dow
FOX Business
Apr 15, 2013 11:00am EDT
by the selloff in gold and all of this because of china this morning. dagen: thank you. connell: the chief equity market strategist is here to tell us if now is the time to run for the exits and cover your heads or maybe get in there and buy. >> there's a little opportunity here. the markets are off in part because china over the weekend missed their g.d.p. number. here in the u.s. there's growing concern about spring swoon, i guess, for the third or fourth year in a row. retail sales numbers from march weren't good and there were a couple of other metrics that missed as well. knee jerk reaction has been coming here on the commodities side with oil and gold in a free fall but we think there's an opportunity here and what we've done here is added some money in the emerging markets. while the s&p 500 is up about 12% or so year to date, a number of key merging markets, like brazil, like china are actually down on a year to date basis. we think there will be a resumption of growth in the second half of the year. we think the weakness in the markets now represents an opportunity. dagen: w
FOX Business
Jun 5, 2013 11:00am EDT
you. good stuff, as always. dagen: thanks, charles. look in the mirror. that is what china is telling the united states. connell: then, voiding a-rod contract? the judges coming in. judge andrew napolitano. stay tuned for that. first, the euro is at 136. he does not care as long as he gets the money. we will talk about that coming up. ♪ ( crowd clapping ) ♪ say cheese! shouldn't the photos you share from your smartphone be photos actually worth sharing? introducing the nokia lumia 928, only on verizon 4g lte. easily capture vibrant photos in near-darkness. even without the flash. sharing photos from the best low-light smartphone camera around. that's powerful. verizon. we don't let frequent heartburn come between us and what we love. so if you're one of them people who gets heartburn and then treats day afr day... block the acid with prilosec otc and don't get heartburn in the first place! [ male announcer ] e pill eachmorning. 24 hours. zero heartbur ♪ >> 24 minutes past the hour. i have your fox news minute. raging floodwaters and prague have killed at least 15 people. for the
FOX Business
Mar 8, 2013 1:00pm EST
liberation in army in china doing it for defense reasons. one thing really worries me, china wants to take corporate espionage and copy iphone. that is terrible. but china also, when they, chinese army did over 1,000 attacks on 40 companies last three or four years. some companies doesn't know they were violated. they're look at electrical grid and infrastructure. you're not trying to steal secrets. can we take down the chicago electrical system if we get mad at u.s. for something? i worry about china as long-term enemy. what shrinks that is china owns something like 1 1/2 trillion dollars of our stocks, bond and. tracy: they need us i think more than we need them at the end of the day but do you worry about little things like online banking? we talked about that this week. >> social networks have been the biggest thing to increase the cyber threat. now the next big thing is e-wallets. you will use the phone to pay for all kinds of things. it is a fantastic feature but coming in utterly not protected enough. one survey found 64% of the all of the apps preloaded on smartphones are v
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