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FOX Business
Jun 7, 2013 11:00am EDT
finance and government. president obama meeting with the new president of china. dagen: and the great white way ahead of the tony's. we are talking about "rent" and the like. take a look at the oil market. of almost one dollar a barrel. ♪ this is america. 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 thecid with prilosec otc and don't get heartburn in the first place! [ male announcer ] e pill eachmoing. 24 hours. zero heartbur i did? when visa signature asked everybody what upgraded experiences really mattered... you suggested luxury caservice instd of "strength training with patrick willis." come on todd! flap them chicken wings. [ grunts ] well, i travel a lot and umm... [ male announcer ] at visa signature, every upgradedxperience comes from listening to our cardholders. visa signature. your idea of what a card should be. nicole: and out of court settlement. that is a complete disappointment to shareholders. here is the stock. down 18% today. the settlement is that tivo wi
FOX Business
Sep 5, 2012 1:00pm EDT
going forward, looking at symantec -- china, weaker than anticipated. a tough global economy. we've seen fedex down over 1%. ups and the same sort of business packaging and shipping and such is down. said that has the down arrow as well. right now we're facing some down arrows for some of our big bellwethers. that market is managing to hold on to some gains. lori: all right. can you smell the bucket of wings? >> reporter: yes. and if i could smell them or whenever, end. lori: excellent. melissa: i'm in the minority on that. the pigs in the blanket is mine. let's move it on and talk politics. obamacare for big speech last night at the convention. i love to dress -- dress. she looked stunning. tonight the spotlight is on the former president, bill clinton as he gave stage. peter barnes is on the scene with more. a lot has been made of the relationship between the former president and the current president. what should we expect? >> are not going to hear about the differences they had back in the 2008 campaign wind barack obama, you know, ran against his wife, but now secretary of. we
FOX Business
Mar 4, 2014 1:00pm EST
wall street for the view from the trading floor. [ male announr ] how can power consumption in china, impact wool exports from new zealand, textile poduction 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 thei10-year lipper avere. t. rowe price. inest with confidence. request a prospectus or summary prospectu with investment informion, risks, fees and expenses to read and considecarefully beforinvesting. adam: it is time for stocks now. we want to head to the floor of the new york stock exchange. ben willis is joining us. talk about a difference in one day? we have, what, 6% of the s&p five hundred stocks hitting a new high today. they must be happy with what's happening politically? >> absolutely. yesterday was pure fear trade. when those of us who have been in the business long enough to know when we smell fear, that's a buying opportunity and that is exactly what we were presented with today. take a look at today's numbers. take a look at t
FOX Business
Feb 6, 2013 11:00am EST
the "wall street journal" and the "washington post," and they are suspected to be hackers from china, but in this case, the hacker group anonymous appears to be claiming credit for this hack of the fed website as part of a campaign to reform u.s. computer crime laws. it's something called operation last resort. dennis, cheryl, back to you. cheryl: thank you, peter barnes, for the story from washington with the fed. peter, thank you. dennis: a big bank suspending executives in connection with the rigging investigation, and liz has details. >> from deutsche bank telling fox business that sources close to the matter that more suspensions could be on the way on top of the five traders who were suspended today in connection with the alleged rate rigging manipulation of the interbank lending rates. this now relates to the rates, and deutsche bank tells fox business they did the probe, they suspended or dismissed employees that clogged back uninvested compensation and continues to do so as it completes and continues the investigation. it's saying that it is being probed by the department of
FOX Business
Nov 6, 2012 11:00am EST
telling people in ohio gm is going to take jobs overseas, move the manufacturer to china and executives say a hold on, that is outrageous. that is not true. most political campaigns, you go with your opponent, john kerry had an overseas at the front lines in vietnam, president bush had not. they made an issue of his military record and succeeded in cooling and down. in this campaign what is different is in the twitter universe, social media, you can say things and not necessarily have them based in fact and when people catch up -- cheryl: social media i will give you but this all goes back to 2004. this is the new way of politics, make accusations first and proved it later on the back side of both parties. they're both doing it. >> they found what they call pants on fire 19 times but what strikes me is what you said in this kind of high-tech media we live in minute by minute, you can say things now and default your opponent to contradict you. in the past it was more a sense of going at you but we know you will stay in the lane of truth. [talking over each other] >> i have bee
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
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
Oct 18, 2012 1:00pm EDT
world bursting with opportunities. india, china, azil, ishares, small-caps, large-caps, ishares. industrials. low cost. every dollar counts. ishares. income. dividends. bonds. i like bonds. ishares. commodities. diversification. choices. my own ideas. ishares. i want to use the same stuff the big guys use. ishares. 8 out of 10 large, professional investors choose ishares for their etfs. introducing the ishares core, etfs for the heart of your portfolio. tax efficient and low cost building blocks to help you keep more of what you earn. call your advisor. visit ishares.com. ishares. ishares. yeah, ishares. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. >> here's your fox business brief. mortgage rates, again, closing in on record lows as home construction builds momentum. the average rate on the 30-year fixed mortgage is 3.7%, just above its all time record low of 3.36%. associate's degrees may be more value. employment for americans with a two year degree or some college incre
FOX Business
Sep 26, 2012 1:00pm EDT
bashar assad as he has repeatedly, he did not mention the fact that china. melissa: right. >> supports syria. that russia, supports syria. that iran, certainly as he said does support but this is a far more complicated and messier world that we live in. this president seemed to have the guts to take on iran but not china, not russia and for that, he is diminished. melissa: that's a great point. thank you, lou. >> thanks. great to be with you. melissa: we see you every day at this time and i'm looking forward to watching your program at 7:00 and 10:00. >> thank you so much. melissa: oh, you have art laffer on tonight that is always fantastic. >> we have good folks. melissa: you have the all-star panel. >> we do day in, day out. melissa: 41 days to the election, you have got a lot to talk about. >> indeed we all do and a lot to pray over. melissa: lou dobbs, thank you so much. it is quarter to and as we do every 15 minutes let's check the markets. nicole petallides on the floor of the new york stock exchange. after two years of talks between dollar-thrifty and hertz they seem to be closi
FOX Business
Sep 13, 2012 11:00am EDT
a nuclear plant which is completely failed. yet china and japan doing saber rattling in the south china sea which is very troubling. on the other hand, if i were the obama campaign and mitt romney was criticizing me i would say exactly that. you people have -- mitt romney has been speaking about platitudes and while the president is trying to make our decision. dagen: as our leader and not a candidate what is the administration, what does president obama need to do to stop this unraveling? you mentioned japan versus china. you mentioned is reverses are wrong. what does the white house me to do right now stop this. >> i don't think as much of anything it can do right now to stop this unraveling because this kind of disorder in the world is a consequence in my view of the way barack obama has conducted foreign-policy, trying to make the united states coequal with the united nations and some of our partners. you have to understand it every country in the world gets up in the morning in calculates what the to do relative to u.s. power . they calculate the u.s. power is on the shelf or
FOX Business
Oct 19, 2012 11:00am EDT
things that he said. the last thing a president wants to do is start a trade war with china. that has been a path of the shooting wars. he wishes he would get away from this stuff. americans always believed that they are good enough, that they do not need help. it is a bad message to a very ambitious country. connell: we will talk more about that later. i am sure it will come up monday night. not so much the domestic economy. thank you so much for coming on. >> thank you. lou: writing a letter to the white house and congress warning about the fiscal cliff. that the tax increase is coming and the spending cut taking effect at the end of the year. the consequences of inaction for stability in the global market for economic growth. millions of americans still without work. let's bring in cabin, market strategist. are you confident this will happen after the election? >> we are kind of running out of time on this. we are rapidly approaching the debt limit. probably february or march would be a reasonable guess when you had that. it will and the outcome election, not only for the president
FOX Business
Jul 2, 2013 11:00am EDT
. easrn hr morr. torrows a lf d forhe maets. areollong tt in china. dennis will be speaking with dennis blair. markets now tomorrow. it will be dennis and cheryl at 11:00 a.m. leading you up to the countdown of "the closing bell." "the closing bell" earlier than usual tomorrow. friday is the big jobs report. a very big day for the markets. the former raider -- the former reagan advisor, art laffer is coming up. plus, here we are. a couple days from independence day. taking a look at the most patriotic brands out there. we will have your top five coming up. then some winners. some winners on the s&p 500. there they are. ♪ with the spark cascard from capital one... boris earns unlimited rewards for his small business. can i t the smith contract, ease? thank you. that's three new paper shredders. [ boris ] put 'em on my spark card. [ garth ] boris' small business earns 2% cash back on everychase every day. great businesses deserve unlimited rewards. read back the chicken's testimony, please. "buk, buk, bukka!" [ male announcer ] get the spark business card from capital one and earn unlim
FOX Business
Jul 17, 2013 11:00am EDT
economic recovery in the globe right now? >> yes. fundamental differences between china's policy and japan's policy. china managed this exchange rate and kept it for many years below its equilibrium level in order to increase its exports. that is what economists call a zero some game, with that game we lose. the japanese approach is different. they are not manipulating their exchange rate for directly trying to set their exchange rate at a given level. they are engaging in strong domestic monetary policy measures trying to break the deflationary they had for 15 years and a side effect of that is the yen has weakened. the g 20 and g7 discussed these matters and the international consensus is as long as the country is using domestic policy tools for domestic purposes, that would be and taxable approach. i recognize movement and exchange rates to affect competition. you said you are from michigan. i see wear your concern have come from. in your interest the sea of japan strengthened, the economy grow faster and increase markets as well as competitive supply and over time if they do achi
FOX Business
Nov 15, 2013 11:00am EST
saying there are thousands of additional deaths. china is easing its family planning rules that limit families to one child. couples will now be allowed to have two children if one of the parents was an only child. the decade-old policy could be a move in china for the rapidly aging population. and a rookie harlem globetrotter has set a new guinness world record for the longest made shot in history. made the basket from nearly 110 feet away yesterday in phoenix beating the previous record by five feet. the timing worked out pretty well since yesterday was guinness world records day. those are your news headlines and the fox business network. connell: good job. 30 shots to take it. dagen: what an astute observation. good job. connell: don't know where we got her from. looks like warren buffett still likes energy but he is changing the names he likes, the energy patch. berkshire hathaway's latest disclosures out. the company sold 10.7 million shares to conoco phillips investing in exxon mobile. exxon doesn't like it and when you look at them outperforming exxon over the last five years
FOX Business
Dec 13, 2012 11:00am EST
? >> it is. the profit on counterfeiting is growing. it's global, selling in high china, hong kong, and singapore. dennis: the myth is, the china, doing knockoff wines, but this is an inside job. your own brethren. >> not mine, but the expensive wine side, it's within the u.s. and europe, and it's guys who are in, you know, really into wine. dennis: prominent dealers? >> current case, fbi is charging a guy, a well-known collector, sold wine in auctions, turns out a lot of the wine may not have been what it was claiming to be. dennis: three bottles here, counterfit bottles, guys, and see if ray points out what makes then counterfeit. a nice 1923. >> yes, a 1923, would be $30,000 at auction. it would sell either way, but look at the symbol, the red dot, they always stamp dark and red. this is much too light. that's an insider thing. dennis: the bottle, the glass -- >> the glass is real. they got a less expensive wipe from the 1920s, 30s, refilled it with different wine, slap the label, and faked the label, and then, you know, tried to sell it for a lot of money. dennis: a couple othe
FOX Business
May 23, 2013 11:00am EDT
, china showing manufacturing as a pmi number, that maybe one of the main reasons they dropped the way they did. connell: the irs scandal the latest instance of officials misbehaving and those misbehaviors gone without punishment. why's it so so hard to fire these bureaucrats? dagen: deputy editor of the "wall street journal" editorial page. we at least know now that higher-ups knew this was going on for many, many months. why didn't they say you can't do that, get out of here. >> that is the right question. the idea that we should reach out and fire these from cincinnati trying to administer the crazy irs rules stresses to me besides the point doesn't raise a question of political responsibility, the heart of the organization is 501c4. they are trying to sort through all of the irs code. democratic senators were sending letters to the irs raising questions about the tax status of the conservative activist groups and during the 2012 campaign president obama himself was criticizing these groups. it is not surprising if somebody from the irs started to look at them. at that level, who ar
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
Jul 29, 2013 11:00am EDT
many years focusing on our relationship with china. are we losing it here? losing focus? >> right. well, the fact of the matter is that if you're a very senior official like secretary kerry is, you only have so much time. twenty-four hours in a day, and you have to make priorities. he made this a priority. it's a good point. the issues in syria, egypt, iran, who heard about the iranian nuclear file recently? the rise of china, you know, so many issues out there, and he's got to decide, so i think he probably is going to shift his focus now, naming a special envoy to the issue. he got this started, and he'll probably shift to something else, but there's no shortage of problems, unfortunately, in the obama administration and foreign policy. connell: peter, jessi, thanks to both of you, we'll have you back, and thank you for coming on today. >> thank you. >> thank you very much for having me. connell: we hear it all the time, be careful what you put on facebook, what you tweet, and with that in mind, listen to this. there's a new memo out from the national labor relations board that says c
FOX Business
Oct 8, 2012 11:00am EDT
up and down. it is only one month data. remember, all around us europe and japan and china are all weak, so we are in a pretty difficult environment. i don't think it's a sure thing we're going to have a continued recovery, but i think the chances are that we will keep going. connell: martin, thank you again for always coming on us with. dr. martin bailey with us from d.c. thank you, sir. >> thank you. dagen: california gasoline prices hitting another new record high for the state today. $4.66 a gallon. that is up 86 cents from one year ago. and california's governor jerry brown taking emergency action as the state's prices have become -- well, they are the highest in the nation. connell: they certainly are. we go right now with fox news correspondent adam housely in l.a. with the latest. >> dagen and connell, you mentioned 4.66 a gallon or so, you would be hard-pressed to find that price in much of los angeles. in fact right here behind me you can see this gas station 4.99 for regular, 5.19 for premium. just down the street, the gas there is 5.39 for regular unleaded. across los a
FOX Business
Feb 18, 2013 1:00pm EST
plan to have more than 1500 cafes in china by 2015. that is the latest from the fox business network, giving you the power to prosper much. [ engine revving ] ♪ [ male announcer ] every car we build must make adrenaline pump and pulses quicken. ♪ to help you not just to stay alive... but feel alive. the new c-class iso exception. it's a mercedes-benz throu and through. see your authorized mercedes-benz dealer for exceptional offers through mercedes-benz financial services. tracy: breaking news. colleagues at the "wall street journal" reporting officemax and office depot are in talks o merge. sources say the talks are fluid and could still fall apart. shares of both are up really nicely in the past year. and of course you definitely want to catch those names in tomorrow's open. man, officemax up almost 87% over the last year. ashley: that's impressive no doubt. tracy: selling a lot of post-its. ashley: it is. get your motor running. it is the final day of presidents weekend and automakers count on good weather for big customer turnout. over 12% february sales come from 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
Mar 18, 2013 11:00am EDT
positively about best bay, up 2 1/2%. i know we had talked about the founder made china give it a go and take it private. that didn't come through but they did have a good last quarter. anheuser-busch also higher. jeffries is $115 target. hugh bet packard upgraded and j.c. penney has the option of isolating top 300 locations and then converting them to a re-like entity. that's why you see the stock up. connell: we're waiting for the president. he's set to nominate a new labor secretary as you look live at the white house. when he comes out, you'll see it here live. dagen: and then the advertising game with the ncaa tournament coming up. how cbs and tbs are making more money than you can imagine. how much more, we're going to tell you all about it. connell: then some winners today at the nasdaq. the market pulls back a little bit but a lot of that nicole was talking about, individual stocks are doing well. we'll be right back with the president and some basketball and a bunch of other things on "markets now." it's monday. a brand new start. your chance to rise and shine. with centuryl
FOX Business
Jul 25, 2013 11:00am EDT
% less this year versus 2012. the automaker is the third largest car seller in china trailing only gm and volkswagen. that is the latest on the fox business network. giving you the power to prosper. ♪ connell: more breaking news. this is a plane at newark. it is on a taxiway. it is surrounded by fire and police officials. it landed safely. there is smoke in the cockpit. apparently kept everything under control and everyone is fine. dagen: 40% of people say the new healthcare law will cost them money rather than save them. connell: monica crowley here to talk about it. >> i am surprised that the number is still relatively low. the number will only go in one direction. dagen: how much worse to you think that this gives? october 1, those health changes have to start. >> some states say we are not setting this up at all. it is a total mess. this thing is so complex. you have democrats running as far away from this thing as possible. they all voted for it and now they are stuck with it. connell: you used the word incomprehensible. i think people have no idea how this affects them. the ge
FOX Business
Apr 26, 2013 1:00pm EDT
indonesia. it could also have a great run in china. the china movie market, growing six times as fast as the u.s. disney has just announced that "iron man three" opens on may 1. tracy: dennis. not fair. ashley: all right, dennis. it is coming up to a quarter till. time for stocks now as we do every 15 minutes. thank you, as always. look, everyone tells you the markets are perhaps a little ahead of itself. what do you do? >> the trend is your friend. we have set this time and time again. it wants to move higher. we have been trading at the highs. it has to be interesting to see. unfortunately, for today, this is a headline driven market. we have to move this market today. everyone is taking short-term risks off the table and really anticipating what we will do it next week. ashley: thank you for joining us. we appreciate it. >> thank you. tracy: four weeks before memorial day. will they go up in time for summer driving season? ashley: smooth sailing for the cruise industry despite those high-profile pr disasters. we are live from the port of miami coming up next. first, let's take
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
Dec 21, 2012 1:00pm EST
second half of the year. we have stability in china because of economic activity and that was a drag and then we have the doj promising tease and the federal reserve doing the same thing and all of a sudden it is not the world looking over the cliff, but we 3-quarters of the world looking the other way starting to come back and that is the difference. tracy: what happens? we are stealing from queue to. >> we always steal from one quarter to another. tracy: europe might come back to bother us again the second half of the year. could that mean an okay first half, second half disaster's again? >> we never have smooth sailing at anything. sell in may and go away. which works sometimes and doesn't work. what we feel good about is investors are forced with a problem that dividend taxes are going to go up. to me that is a good problem because it is going to take investors out of the safety of the blue chips and staples and utilities and put them into faster growth equities. riskier. if we look at the risk bucket of assets if you look at low-quality munis and wrapped around a head for awhile
FOX Business
Feb 13, 2013 11:00am EST
. open markets bring down nontariff barriers and addressing some issues that our friends in china, brazil and india need to be very offensive to. connell: eu ambassador to the u.s., thanks a lot. dagen: jack lew's confirmation hearing underway. he is facing some heavy scrutiny for his time spent. connell: rich edson is following this for us on capitol hill. rich: president obama pointed out that romney's time as a banker. all of that. also, jack lew's pay at citibank. >> in 2008 i was in employee in the private sector. i was compensated for by work. i will leave for others to judge. rich: that is something that republicans are calling hypocrisy. jack lew is saying he would like to get both individual and business tax reform done. republicans have been floating at the corporate side at 25%. it would be challenging to get there. he would like to, on the individual side, raise some revenue. he says he is looking forward to working with lawmakers on overhauling both the individual and corporate tax codes. something that will probably take an awful long time here. dagen: thank you. ric
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
Nov 28, 2012 11:00am EST
china or mexico, you cannot be hands on. i cannot get to the factory and oversee what is going on. now, it is 20 minutes up the road in pennsylvania. cheryl: amy bradley. thank you so much. >> thank you very much. thank you for having me. cheryl: dennis, over to you. dennis: los angeles auto show begins friday. jeff flock is there. jeff: the most important introduction at this show tend not to be the sexiest one. we will have the new vw beetle convertible. everyone is excited to see that. the important introductions are the ones that sell the most. this is the route for. bob carter, look out bob. i tell you, i have the guy in charge of sales which is even better. you are very excited about this because you sell a lot of these. >> it is a wonderful vehicle. it is the fastest growing segment right now. jeff: and you invented this? >> we did. what we are introducing here is the fourth generation of the first crossover suv. jeff: it is your fourth best selling vehicle over ford and lexus. >> value for customers that others do not offer. jeff: bob carter, the big sales at toyota. >> we are
FOX Business
Feb 21, 2013 1:00pm EST
, kurt, china is source point for many attacks has come up time and again. is china the area we need to focus our eyeballs on or do we need to take a much wider global stance here? >> i'm more on the technical side of things. i think we uncovered red october. we uncovered all sorts of attacks from all over the world and there is something that needs to be done. i don't know exactly who is going to respond or negotiate first, but something definitely needs to be done at a higher level here. shibani: kurt, the white house just proposed some sort of penalties for sigher attacks. we'll see if that makes any impact. kurt baumgartner of kaspirsky labs. thanks for being on the show today. >> thank you. ashley: somehow i don't think china will blink first. something tells me. this is a story i'm sure will touch a nerve or two. if you're wondering where your tax refund is, you're not alone, the irs website, where's my refund, good question, overloaded from taxpayers trying to access their returns, causing the website to literally freeze. now the site, which is new this year has been so swampe
FOX Business
Mar 10, 2014 1:00pm EDT
park, the movies, video games. also continued growth in china and the theme park will open in about two years and that will open a huge market for disney. kids loved disney in the markets of better. cheryl: and comcast up 25%. are you worried about time warner deal? >> no. not at all. i think it will go through and comcast will control the liar's whether cable or internet but also content. in the end with the problems of netflix with streaming in and pandora these wires are becoming more valuable because when your internet is not working. cheryl: what about the gambling once? like mgm and loss vegas since? is this still the china story? >> it is also a japan story it will legalize gambling hopefully in the next few months and this is the enormous gambling market that mgm has been in on this if they can get the concessions they will spend between five and 10 billion building casinos we love gambling is an asia is the best business to be in real leap -- very bullish and we do expect japan to legalized gaming. cheryl: that'd is a phenomenal returns with the market's only getting 26 per
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
May 13, 2013 11:00am EDT
china where she retraced the steps of president nixon's visits. that is just ahead on markets now. ♪ connell: we will be all over this irs story. connell: we cannot forget that she is the tax reporter for years. nicole petallides at the new york stock exchange. nicole: we of gains. we have retail sales numbers that are better than expected. you are seeing a little bit of a pullback. the dow jones industrials down about 36 points right now. the tech heavy nasdaq is virtually flat right now. when you look at the dow jones industrial component, and intel and alcoa are the top. toyota motor, netflix, tesla are doing the best. some of these names are up over 100% this year. back to you. dagen: thank you so much, local. connell: new details from this irs story. dagen: rich edson is in washington, d.c. with more. rich: this goes up much higher than officials first suggested on friday. a letter to the treasury secretary jack lew, marco rubio writes it is clear that the irs cannot operate with a shred of the americans confident under their leadership. i strongly urge that you and preside
FOX Business
Apr 9, 2013 11:00am EDT
flew over in china. an eighth person has been confirmed dead. authorities still say there is no evidence that the virus is being transmitted between humans. we will take a look at some of the pharmaceutical companies and how they are trading on wall street today. then we have a cyber stir for you. criticizing a new law that bars nondefense agencies from buying it systems from companies that are associated with the chinese government. we brought you that story a few weeks ago. it all comes as the cyber tension between the u.s. and china is becoming increasingly tense. a u.s. diplomat thing hacking originated in china is undermining the relationship with the u.s. he is urging china to take firm action against cyber criminals. what is old is new again at jcpenney. it could be a place for you to make yourself some money. we will talk of dow that what charles payne max. many say they have been holding store owners hostage with swipe fees. ♪ ♪ [ male announcer ] how could switchgrass in argentina, change engineering in dubai, aluminum production in south africa, and the aerospace
FOX Business
Jun 4, 2013 1:00pm EDT
are seeing strong demand in india and china. some worry that that could slow due to tighter rate policies in india, but overall i think the market is pulling back a bit until we get more reports. we have the jobs report, lot of that speech. traders are keeping it close to the best right now. lori: absolutely. phil fred -- phil flynn, thank you so much. >> thank you. lori: conservative groups targeted, having their side heard today in a hearing before congress. rich edson is live from capitol hill with more. compelling testimony. >> for the past three hours or so about a half-dozen groups here discussing their time that it has taken to get their tax-exempt status from the internal revenue service, some saying their applications are still outstanding, taking two and a half years, some taking three years, and they use this as a forum to detail their application process. >> in order to comply with the information requests it took hours of time, stress, and aggravation. by the end of december we filed the request and permission with the irs. the nine january 31st 2013 we received a re
FOX Business
May 1, 2013 1:00pm EDT
? commodities are contracting and there is a lot of concern. china, the second biggest consumer, their numbers are bad. oil is really down right now. whether it can bounce back or not may depend on what the fed has to say later on today. melissa: phil, what about natural gas? >> knocking off the 2011 hide. we are seeing natural gas as a risk aversion from oil. melissa: great. phil flynn, thanks so much. great news from the northern plains. finding twice as much oil and three times as much gas as previously estimated. what does it mean for the state of north dakota? joining me now is senator john hoeven. in terms of tax renewal, i mean, right now the state is taking in just under a billion dollars. that will jump to 2 billion-billion dollars. >> good to be with you. this is really good for north dakota. it is good news for the country. industry thinks it is actually low. that means a lot of energy. that means a lot of jobs. our state is very strong. we have no debt. melissa: if you look at the revenue it will bring into the state, you do generally realized that there is more there than
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
Aug 8, 2013 1:00pm EDT
: more signs of a stabilizing economy in china. trade growth data blowing past expectations, but is it too good to be true? former ups economic adviser, george, says deflation concerns are real risks for u.s. investors to watch for. lori: move to break up the banks. chaferly has a call for one of wall street's top analysts. adam: h2/oh, my. forget the wine. this is the first water wine. say what? making money from tap water. martin reeds and the l.a. restaurant boasting a 45-page men knew focuses solo on aqua. lori: to the floor where nicole is watching jcpenney, a stock turn around. >> that's right. following the averages, the dow, nasdaq, s&p posting gains. we had back-and-forth action and seeing whether or not it's four straight days of losses, in which case, it would be the longest losing streak; however, it's turned around. solid gains at the moment for the dow at 52 points. jcpenney up 7%, as you noted, lori, at the top of the show, it's jumping. there's been reports, and there's an analyst covering this as well, but there's speculation as to whether or not they are true, but the
FOX Business
Jun 25, 2013 1:00pm EDT
. checking in with nicole petallides. nicole: the credit crunch has eased slightly over in china. here at home, we have gotten good economic news. confidence was one of the pieces of economic news that we got in. that brings along whether or not the federal paper or cut back on that bondline. it is not unusual to see a little bit of a bounce back year. on the dow jones industrial average, 20 of the 30 names have been in the green. there is buying happening across the board. we have seen the information pertaining to housing doing well. that brings confidence along with it. jpmorgan and american express are some of the names leading. morgan stanley and bank of america and jpmorgan all gaining more than 2% each. back to you. lori: thank you, nicole. >> president obama taking on climate change. peter barnes is in washington. he has a preview for us. peter: that is right. he will announce a laundry list of proposals. lori: okay. clearly, we had an audio glitch there. >> will -- we will be discussing the ramifications about that. lori: speaking of energy, let's drill down on oil. phil flynn
FOX Business
Sep 7, 2012 11:00am EDT
. oversees business helps. china comes out with this news. $156 billion infrastructure. caterpillar will get a real big piece of that. when they reported the last number, the fetal pointed out, listen, interest rates are low, central banks are prepared to inject more liquidity. connell: you like caterpillar. you will be back next hour, right, with something up your sleeve, i am sure. charles: yes. this is really big news. it is moving a lot of stocks that were under water. gold and silver through the roof. connell: that is what scott minerd was just talking about. at a quarter past the hour, let's go back to nicole for stocks. stuart: not good here for pandora. when you take a look at it it has been down 18% all day long. when you look at pandora you look at intense competition. apple is said to be moving ahead with some sort of streaming music that would compete directly with pandora. they just recently boosted their outlook. then you have this, like the big whammy of the day. apple comes out and says we will go head to head. apple has not come out and said anything. pandora down 1
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
Sep 11, 2012 11:00am EDT
from china soared to monthly record. the number was still narrower than expected. u.s. small business owners are growing less pessimistic according to to the national federation of independent business optimism index. the august reading of 92.9 marks the first increase in fact in fur months -- four months. legg mason's ceo is stepping down. joseph sullivan will be interim ceo. dow is up almost 100 points. that is the latest from the fox business network giving you the power to prosper. dagen: breaking news europe's markets closing right now, ashley webster is here with how worried investors are about that german court -- ashley: probably be okay but who knows in the euro. greece's leader taking begging ball to ecb today. george soros says germany must lead or leave the euro. my oh my. meantime european stocks made some modest gains today. they were down for most of the day. ftse coming back to essentially flat on the day but the cac and dax up quite nicely picking up some sentiment out of the u.s. greek unionists chanting get out of here formed a human chain in athens today to block t
FOX Business
Sep 12, 2013 11:00am EDT
does it mean for our relations a round world dealing with north korea, china, not just iran. >> we have a laurel and hardy presidency today, diplomatic slap stick. it has been amusing at times but very dangerous and the obama administration has to pull back and recognize what a nightmare the past two weeks have been and redo it and think about a strategy for dealing with the rest of the world because if they and china and north korea see vladimir putin taking him to the cleaners in syria they will try to do the same thing, if we don't have a strategy for dealing with it will happen again. definition to the vladimir putin term, that is important, defeat of the opposition. thanks as always. to the markets with syria one of many issues in washington, investors are awaiting clarity. dagen: phil orlando is chief equity market strategist at federated investors joining us to, the market likes the fact that there won't be some military intervention but if we look like to use a word and has used if we look like vladimir putin's marionette that is not good for us and our power on the world s
FOX Business
Sep 4, 2012 1:00pm EDT
intend. but surprising enough the auto industry is recovering here and you know, in china there is also some fears about weakness and the economy. china last month had a 7% year-over-year gain in their auto sales. melissa: who is your pick in the group if you had to pick the strongest player out there, somebody looking to invest in chrysler was up the most or would you go for gm which maybe had the most room to move higher? who do you like in the group and who do you avoid? >> i believe the best way to get exposure to the auto industry is a more diversified approach. we offer an etf that buys 35 companies in the auto sector and that way you're not getting the stock specific risk that includes if there is a supply chain disruption for an individual company, if you have some sort of other individual company issue there's a lot of risk there. i think most investors that believe this might be an opportune time to invest in auto stocks are best served with a diversified approach for our etf, the symbol, carz. the auto stocks are pretty cheap the average pe in our portfolio is 11 1/2 tim
FOX Business
Sep 11, 2013 11:00am EDT
: shares that did not drop yesterday with the big deal with china and mobil hasn't come out, that could be a lot of phones. charles: back to profit margins, a lot of phones and not making any money on them that is great. we have gone from a growth engine to a cash machine which is fine if you want dividends but for growth in your share price -- dennis: profit margins just one word, plastic. thank you, charles payne. cheryl: 67 is a good point. today marks the 12 year anniversary of the september 11th attacks and you heard the phrase worth repeating never forget. new york city pa. and washington ahead, remembering 9/11. dennis: we will take you live to lower manhattan and the bbc offices where the charity drive is under way. [ bagpipes and drums playing over ] [ music transitions to rock ] make it happen with the all-new fidelity active trader pro. it's one more innovativeeason serious investors are choosing fidelity. get 200 free trades when you open an account. folks have suffered from frequent heartburn. butetting heartburn and then treating day after day is a thing of the past.
FOX Business
Oct 1, 2012 11:00am EDT
there anywhere you would avoid heading into the last quarter of the year? >> china, one of the single biggest financial follies that you have ever seen is china and that will actually spill over into australia. i know a lot of people have got money tied up on the australian dollar, australian stock market, things like that. if china has a stumble at all, which i believe they will, i believe that market -- the chinese market is built kind of -- i don't know -- built on a cloud shall we say and i just don't believe the big strong story you are seeing there, and if china falters a little bit, australia is going to have real big problems. sandra: great advice from trey. everybody is wondering in the last quarter of the year, dagee and connell, with equities so strong, do you stay with it or get out now? oil prices down 6% so far this year. we'll be talking to traders all day long about this very topic. back to you. connell: sandra smith from the cme in chicago. dagen: the president's healthcare now ready to penalize hospitals for letting patients out too early. connell: we will get to tha
FOX Business
Feb 25, 2013 1:00pm EST
concerns in china pertaining to poultry and. there were a scare. too many antibiotics in the chicken. they saw sales drop at kentucky fried chicken. that is huge revenue generator for yum! brands. they have taco bell, kf. consider and pizza hut. the kfc got hit over in china. they're severing ties with some suppliers over in china. we'll see what that does. the latest numbers were a disappointment. over the last three months, down 11%. lori: don't mess with my kfc. thank you, nicole. melissa: do you have a financial safety net? according to research published by bankrate.com, a shocking number of americans do not. nearly a quarter or 24% admit to having more debt on their plastic than they have money in the bank. 55% of the americans say they have more emergency savings than debt on their credit card at least. more men than women are prepared with emergency funds instead of shoe funds. that is according to the survey. 60% of the men surveyed say they have more savings than debt. while only 49% of woman could say this. lori: you know what is interesting? of all the components and all the qu
FOX Business
Nov 23, 2012 11:00am EST
the fastest growing markets. china. they will have to wait until china finalizes plans to set up an international board in shanghai. it is only listed in both germany and new york. that is the latest from the fox business network. giving you the power to prosper. ♪ ♪ and feel like a green giant. ♪ ho ho ho ♪ green giant dagen: walmart protests continuing around the country this black friday. it is not the employees who are open arms and out walking around. jeff flock is live from illinois with much more. hey jeff. jeff: in fairness, there were a few. no one walking off their jobs that we saw in chicago. some people already had the day off. one guy said they gave me the day off because they knew i wanted to come out and protest. kind of interesting. a protest about the fact that, you know, they were encroaching on thanksgiving by asking people to work at 8:00 o'clock last night. we have pictures from kenosha, wisconsin, where workers were protesting right at 8:00 o'clock when the store open. it was really all about union organization. about trying to bring a union to walmart
FOX Business
Oct 23, 2012 1:00pm EDT
america, sales in china are back. these are two areas that have seen slowing sales and stay looking good so far. back to you. lori: looking good all the time. thank you. apple expected to unveil a mini ipad. getting excited about the tech titan. what does it mean for the company which lost more than $80 billion in market value over the last month and should you have apple in our portfolio? the co-portfolio manager of large-cap growth fund which holds apple for largest holding is that apple is still ripe for the picking. before we get to the story unfolding before us than the other big story is the sharp selloff. what is your take? >> thank you for having me on. i think the environment is just full of mixed signals, the earnings season hasn't gotten off a very good start, first people thought it was okay with earnings coming, but really missing across the board and revenue guidance happening quite quickly. one of the negative items is the earnings season that is upon us. lori: sees it as a wake-up call? >> sure, that is the reality that we are operating within is a charging earnings
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