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FOX Business
Mar 13, 2014 1:00pm EDT
show three floating objects. they put that out, china says those images were released by mistake. dozens of ships and aircraft from 12 countries have joined forces to search an area estimated at 35,000 square miles, still have seen nothing. that area about the size of portugal. experts say if the plane crashed into the ocean than some debris should be floating on the surface even if most of the jet is submerged. investigators not ruling out any possible cause of the plane's disappearance but analysts increasingly saying finding out why the transponder stopped transmitting could be the vital key to all of this. in the meantime as you said, it is the kind of story that is giving conspiracy theorists a field day. cheryl: we were talking incessantly about this. aliens? the iranian passengers were trying to get the semiconductor out of the country where the plane is now? >> we should keep in mind we have 200 plus souls not accounted for one theory there was ukrainian gold in the cargo hold and that has somehow been stolen. ashley: as you can imagine in this age of the internet all the
FOX Business
Jun 10, 2013 11:00am EDT
there is the whole hong kong issue and do we get snowden back from china. connell: the chinese might be able to veto any extradition attempts make it even more complicated. getting back to the market for a moment, our next guest says the biggest story at this point investors should be focused on not neccssarily one we will taper, but the continued oil boom. dagen: joining us now. a great boom, great for jobs, but demand is down lower than it has been in a decade. too much supply is bad if you are an investor. >> what does the low cost of energy mean to our economy? so we produce oil right now $0.75 on the dollar to the rest of the world. we produce natural gas. those numbers are staggering. it makes more and more sense to manufacture in the united stat united states. when every single thing you had was made in china. they say 2015, two years from now, we will produce goods at the same cost they do in china. that is a giant shift in our nation's economy. on the natural gas front with the price being so cheap many more companies announced they will change their fleet to natural g
FOX Business
Jun 28, 2013 1:00pm EDT
will let you know, how egos. have a great week. adam: borrowing rates in china is down but is that countries still in charge of -- in danger of the credit crunch crisis? don't believe the government. [ indistinct shouting ] [ male announcer ] time and sales data. spt-second stats. [ indistinct shouting ] ♪ it's so close to the options floor... [ indistinct shouting, bell dinging ...you'll bust your brain box. ♪ all onhinkorswim from td ameritrade. ♪ adam: stocks in china are rebounding and credit conditions rebounding after the central bank governor promised to make sure there would be enough money in the economy for financial market stability. to explain that we have the president of the china beige book. we had the central bank there saying no more easy money and that upset a lot of people. we saw reaction because there was concern they could have their credit crunch in china. >> our data has been showing tightening the reason people are not picking this up they look to have blind the official data and nothing indicates it is bad. adam: the banks say there lending by develo
FOX Business
Mar 5, 2014 1:00pm EST
much. overpromised and under deliver, the warning signal from china on the economic growth. the new concern china corporate bond market may see his first default as soon as friday. and sh chipotle threatening to k their dip because of, get this, global warming. yeah. here's a word you should keep in mind "unbiased". some brokerage firms are but way too many aren't. why? because selling thfunds makes them more money. which makes you wonder. isn't at a conflict? search "proprietary mutual funds". yikes!! then go to e*trade. we've got over 8,000 mutual funds and not one of them has our name on it. we're in the business of finding the right investments for u. e*trade. less for us, more for you. the fund's prospectus contains its investment objectives, risks, chargesexpenses and other importt information and should be re and considered carefully befo investing. for a current prospectus visit www.etrade.com/mutualfunds. sometimes they just drop in. always obvious. cme group can help you navigate risks and capture opportunities. we enable you to reach global markets and drive forward with
FOX Business
May 15, 2013 1:00pm EDT
pointing that >> bad to worse for bloomberg news today in hot water as china's central bank is looking into potential confidentiality issues with the terminal snooping scandal. with more, here's elizabeth on the bottom line. liz, the pile-on continues. yesterday, the bank of england, now china? >> that's right. good to be with you, and people's bank of china, sources close to the matter, they are not happy, and, basically, what's happening with the people's bank of china, concerned about information that gets out into the market that affects the 3.4 trillion dollar reserve stockpile over there, they don't have any information out there that could be in any direction, and they are on a growing list of central bankers around the world concerned about bloomberg news reporters snooping on client usage of the terminals. i reported on air that individual stocks data has not been snoopedded on or bonds individual data not snooped on, but information about what tuckses are looked at are accessible. there's a serious backlash on wall street growing against bloomberg news because of the snooping
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
Aug 13, 2013 11:00am EDT
loser today. local media in china say the month of july for themfuls the hottest july in more than a century, 140 years, yet kfc, the 6,000kfc's in china owned by yum brands, their advertising hot food when customers want mcflurrys from mcdonalds and starbucks iced drinks, and things like that. that was an issue on top of the chicken supply issues, the avian bird flu fears, ect.. this stock getting hammered, and analysts are saying, according to several reports that i read this morning, that the recovery for yum brands is still awhile away. back to you. connell: lincoln, thank you very much. let's get to the oracle ceo lair ellison comments, back to the legal battle with google and why he's not a fan of larry page when the heads of google, co-founders. he was on with charlie rose this morning on cbs, cbs this morning, here it is. >> when you program, whether you write a program for the underwriter, you write it. you use the oracle tool or jobs for everything, and at the end, you press a button that says convert this to android format. we don't do what google does. we think they took
FOX Business
Mar 11, 2014 1:00pm EDT
this is a quote, a gang of fascists. cheryl: ukraine to china, credit suisse, massive stock miles hitting iron ore prices tied. will lowest in four years. we are live on the pads of the cme with a good explanation. we will be right back. 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. a short word that's a tall order. up your game. up the ante. and if you stumble, you get back up. up isn't easy, and we ought to know. we're in the business of up. everyday delta flies a quarter of million people while investing billions improving everything from booking to baggage claim. we're raising the bar on flying and tomorrow we will up it yet again. cheryl: the situation in ukraine remains tense. ukrainians just north of crimea's a russian operat
FOX Business
Mar 8, 2013 11:00am EST
] how can power conmption in china, iact 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,ees and expenses to read and consider carefully before investing. dagen: it is time to make money with charles. this hour, turtles is here to weigh in on what he thinks about the jobs report. find some bad news in it. there is really not much. >> there is a little bit. i have to tell you. i said earlier that i thought this number was going to have a to handle in part because of the adb report. less talk about the good stuff. that construction number is phenomenal, and i don't think -- we have some obvious restraining it dovetails with the report. dovetails well with construction stocks and housing starts at things like that. i love that a lot. the bad thing, two thin
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
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
Sep 18, 2012 11:00am EDT
think if we weren't talking about this we would be talking a lot about china. the president yesterday talked tough on china. mitt romney throughout very tough on china. both candidates have kind of this hey we're going to be tough on the chinese message. as a business person i know you support romney but as a business person are you at all worried that this kind of trade war rhetoric that might be harmful to business or no? >> there's always a risk that we will be -- we'll do something to offend china, but look we are china's largest customer, and the last person in the world you want to offend if you are in business is your largest customer. so i think taking a stronger stance with china, if china is manipulating its currency, why wouldn't political candidates want that to stop? if it hurts american manufacturers and it hurts american business and it's hurting american jobs and it's not playing by the rules, it is doing something that people shouldn't do, why wouldn't we take a strong stand to try and get them to stop doing that? but the chinese have historically been friends of the
FOX Business
Oct 22, 2012 11:00am EDT
want to bring this back to the economy. china is the last discussion topic. republicans also wanted to talk about europe and european debt loads. farm power equaling u.s. economic power. connell: it should be interesting. they will not be much nicer because they are sitting at a table. dagen: and icon again or southern family. the biggest fights are always over dinner. stocks now. nicole: we are looking at suntrust bank. the banking index is to the downside. let's take a look at the third-quarter profits. it jumped. they did have a security gain and revenue declined excluding the gain. without that, revenue was not as impressive as it could have been. that is one of the reasons why this one time gain could have asked the real deal. revenue did kind of, under pressure. it is down 3.3% write-down. let take a look at the dow. it is down just about ten points. it managed to squeeze out a fraction of a change. so many big companies coming out with numbers that were, obviously, dismal or did not read the streets expectations. back to you. connell: we have this report from charlie gasparino u
FOX Business
Jul 10, 2013 11:00am EDT
will talk about our relationship with china. one of the effects of this whole irs scandal is the fact that we have been having this conversation. >> short. it also presents an opportunity to educate the public. they have merely been responding to signals. what is interesting is they have been trying to downplay this scandal. dagen: don't you think that the american people would ultimately want to know how in the heck this went on. i asked yesterday if they would ever find out. >> to the extent that happens, we will find out more. dagen: thank you. we will see you soon. connell: a big speech on fed chairman bernanke. investors remaining fearful of the tapering. we will focus on fear. something our next guest is worried about. we have plenty to talk about here. you are concerned that we are still fearful of another crisis. tell us about it. >> you got to see a little bit about it in the last couple months. you got to see it in japan when they took a step back away from some of the more aggressive behavior. connell: the fed will come out with the minutes. we will see what they are talkin
FOX Business
Jun 12, 2013 11:00am EDT
economy relied on a few constaats the u.s. would print plenty of money, keep interest rates low, china would provide a lot of demand, vacuum up commodities. and japan was largely irrelevant. joining us now in the case we made all three of those things are changing. what we don't know is what that means. what do you think that means? >> w we're seeing volatility of extremely low levels. that has been our view in the short term, probably nothing sinister, but a bit of a pullback not only because of what we're seeing with my terry policies and the spread going up in the u.s. and globally but sentiment getting stressed with optimism being worked up. connell: a lot of people have made the same point. if you look at those three things he mentioned at the top, at some point the interest rate is going up to a normalized level, t some point japan showig signs of growth again, some point china slowing down to a level of growth. it is the interim, the timing between getting there from here that people are worried about. you do not seem that concerned, why? >> ben bernanke and the u.s. fed would l
FOX Business
Nov 13, 2013 11:00am EST
every 15 minutes, nicole petallides at the new york stock exchange. china giving investors a headache apparently? nicole: economic leaders giving an economic plan and turns out there is skepticism. we saw asian stocks overall dropping on that's news bringing a little skepticism here at home as well. dow jones industrials off of the lows of the day down 48 points at the lowest point, and also here's a look at the nasdaq, the s&p 500 down fractionally. some names like home depot, travelers have been some winners on the downside. dupont, verizon and merck under pressure. overall, that is what we're looking at big picture. the vix is to the upside, certainly not to telling of a move, however it is higher. everybody is focusing on that as just a thought of less stimulus coupled with weakness abroad and china put a damper on things. dennis: thank you very much, nicole. cheryl: white house chief technology officer says they are making progress on exchanges website healthcare.gov as he and other officials face tough questions from congress. rich edson live on capitol hill with what h
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
Apr 4, 2013 11:00am EDT
to keep that in a box. sometimes, north korea is acting not completely out of control of china. we have to take, we do have to take it very seriously. it is a very bad thing. i do not think they think we are operating from a position of strength. i do not blame them for rating it that way. connell: m baker thinks china is the key to this situation. always great to talk to you. dagen: walgreens clinics expanding treatment to chronic illnesses. in-store clinics run by physician assistants and nurse practitioners are convenient ways for patients to receive care when their doctor is unavailable. the drugstore giant announcing the majority of it the hundred 70s take care clinics will provide the extended care. take a look at shares of walgreen's today. more bad news for, the leblanc, horrible. it is leaving a giant 20-foot gash in its side. the high wind at the mobile peer through shipyard workers in the water. one worker is still missing. shares of carnival is lower. connell: maybe they cannot control it. a string of bad luck. let's put it that way. the president taking a pay cut. or i
FOX Business
Aug 12, 2013 11:00am EDT
to l.a. and 45 minutes. or the east coast to china in two hours. i know that would be a game changer. elon musk has specific interest. we have an incredible model here of what it may look like. >> yes. you get a sense of the amount of volume and comfort level. >> why don't we have a seat and check it out. we are sitting in this comfortable seats. >> this capsule, once we get loaded in here, we'll go through and airlock into a tube network and accelerate like a car accelerating onto an on ramp. it can be routed automatically through the network. it hosts just like a space capsule in orbit. >> that is so cool. >> the equivalent of a 40 lane freeway. >> that is amazing. we are sitting in this capsule right now. i have road on my fair share of trains and planes and automobiles. how would it actually feel in action? >> once it is coasting, you'll feel like you feel right now. there is no friction in space. the most proven form of travel in the universe. we are just bringing this space travel conditions down to earth. >> you and your company has been working on this technology for more tha
FOX Business
Jan 24, 2014 11:00am EST
nervous, two triple digit dodges in the dow two days in a row. >> sparked by china and the data yesterday, weaker currency today, we have needed a little bit of this, if you go back to the last two weeks of december the santa claus rally diaz and people on 3.8%. the last two ekes of the year taking a lot of that back and i agree with nicole petallides this is the pause that refresheses and we encourage investors to use this as opportunities they don't have the right exposure, equity markets the great opportunity. dennis: the last few days, the with of possibility of years in the developing world's, headlines on bad week currencies in turkey and brazil and russia none of which has anything to do with the cost of eggs in the u.s. and yet what are the chances some traders worry there is a contagion that starts with these wild market? -p>> we always knew correctionsf this were to be one start with a catalyst that is not foreseen, maybe china. when i look at china i would say china is in the process of moving from this export leverage based economy to a consumption reform based econo
FOX Business
Mar 20, 2013 11:00am EDT
competition from china and will panel prices have taken down many u.s. solar companies. connell: dan springer from seattle. dagen: cvs employees told to step up on the scale or pay more for their health care. connell: judge andrew napolitano coming up. i'm sure he will have a lot to say about this. let's first look at the winners today on the s&p 500. adobe systems doing well. family dollar. a pretty good day. all that, mark burnett and a lot more on "markets now." keep it here. connell: it is said to date, they will be meeting to decide whether or not to keep pumping money into the economy and we will get the decision later talk about it coming up in the executive producer of the bible talking about the huge ratings success, big moneymaker and a mini-series that has a lot of controversy surrounding it. and the judge, andrew napolitano on the cb cvs story. way in or pay more for their health care. see how the judge weighs in on that or what he thinks about that. dagen: come on, you have the "the bible" controversy, the judge, health care, stocks and interest rates. i get fired up by
FOX Business
Jul 26, 2013 11:00am EDT
of a fed chairman. >> i think you're right about that. he is a bull in a china shop and as is very brash and aggressive terminology that may suggest does not play well with others. the fed is an organization that likes to build consensus around whenever its policies are. that may be something that would be better. in terms of policy there would not be a very big difference in terms of personality. very strange in some ways that the white house is even floridian is as a trial balloon because threes as he talked about conservatives about like him. a reference of the problems he has had with women's groups. but -- and liberals like him. that's from talking about the bloggers. a huffington post business section. everyone is yelling. is it wall street's? would it be the wall street crowd that would be pleased? >> i'm not sure what the source of the original was that actually said that larry summers would even be considered. i'm curious about the credibility of the source. considering who i would prefer between the two, it's almost irrelevant you would prefer, but i think that she has mo
FOX Business
Aug 23, 2012 1:00pm EDT
taking their oil to china instead. peter: but you have not talked to the canadians or prime minister harper about it? >> i am not president yet. i am looking forward to being president and i can assure you if i am, we will overcome the obstacles that exist here in the united states to make sure we can get the energy here we need. peter: environmental concerns. that is what the president has been talking about. how would your plan increase drilling while protecting the environment which is a big concern. >> there is no question. the states, where people live, have to respond to the interests and concerns of people in those states. states have therefore been doing and permitting licensing for states and private lands. the idea that the government wants to step in and do so in such a slow and laborious manner, that does not make sense. that is what i want states to take a lead even on federal lands. look, the people in this country do not want to have our air and water made dirty. at the same time they recognize the importance of america becoming energy independent. peter: yesterday at
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
Jul 10, 2013 1:00pm EDT
, what you are seeing in china in the emerging markets is they are kind of down and out. people are starting to figure out, you know, maybe growth is not all that it is cracked up to be. if you were to see some kind of growth initiative out of china, in our opinion, emerging equities are probably the cheapest of the bunch. in our opinion, that could be the opportunity for the second half of this year. adam: that could actually be so bad that it is actually good. they have reformed their policy over invoicing. we may be getting true numbers. >> i think that is most important is whether the growth that is coming out of china is sustainable or not. it was very much export driven. absolutely. if the data is getting a little bit more robust, that is always a positive. there is 20 of liquidity over there. what it allows is for the roof forms to continue. that will set them on a more sustainable path going forward. in our opinion, it is really an expectation. adam: when they sneeze, the world catches a cold. thank you for joining us on markets now. lori: other headlines making news today.
FOX Business
Apr 8, 2013 11:00am EDT
dangerous to the economy, and, also, we have more debts than china blamed on the spread of the bird flu. those stories and more coming up on "markets now." ♪ welcome to "markets now," and dagen has the day off. before we get to economics around the world, we talk about the future for the markets, talk about the present day. nebraska coal starting off, first of many editions of stocks now. good morning. >> good morning, connell, good morning, everybody. a strong u.s. dollar as you noticed, kicking off earnings season watching alcoa closely today after the bell. they are in focus. right now, you see the dow jones industrials down one quarter of 1%, and nasdaq and s&p flat. slightly down, but hugging that unchanged line. as far as what we see on the dow jones industrials, of the 30 names, majority are to the downside, but as i noted, not too big of moves here. disney, coca-cola, home depot, some of the leaders there. the banks index to the downside off the heels of a tough job report friday. back to you. connell: thank you. breaking news of the morning, the passing of iron lady, margaret
FOX Business
Jul 9, 2013 1:00pm EDT
eia lowering its demand forecast out of china. >> one of those cases where bad news is good news. it reduces the chances that the feds will act on tapering. the good news that we saw today in this report from the energy information administration is that u.s. oil production hit the highest level in 20 years. that may be tempering some of the enthusiasm. lori: bankia for the explanation, as always. phil flynn. let's get to nicole petallides. nicole: a busy day on wall street. we are looking at two companies in particular. barnes & noble and blackberry. though shares are rising today as the ceo steps down. we know that the same store sales have been a disappointment. that you read or fail to compete against other tablets and e readers. with that, he is stepping down. then we will take a look at blackberry. another company that has been failing. they are having their shareholder meeting today. right now you can see that the stock is up about 10%. the ceo has been talking about the fact that they are in the middle of a turnaround. they put the cash together. you can expect more devic
FOX Business
Jun 3, 2013 11:00am EDT
from the disaster. and lawmakers lang at the president demanding talk against china on the cyber threats. those stories and more on this hour of "markets now." all right, good to have peter barnes in new york in the studio with us coming up. nicole petallides in a few minutes. a big story off the bat. dagen: the irs under scrutiny for spending $50 million in employee conferences between 2010-2012. now almost infamous dance video will be showing copious amounts of in the next fee minutes. joining us from north carolina, patrick mchenry. we will have a hearing about this on thursday with the committee chairman, but we already have heard from the acting commissioner about this thing. already under control, already down 87%, so why focus on it now? >> we want to make sure this never happens again. they had these lavish spending we had unemployment nearly 10%. we have to make sure the policy changes so this can never happen again even without the public shaming that has seen some agencies need in order to be back in control of the taxpayer dollars. dagen: even senator chuck schumer ha
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
Jul 1, 2013 1:00pm EDT
rebound. >> it is more of a fizzle in china. a nine-month low. underscoring concerns that the chinese economy is losing steam. gordon chang will join us. lori: less than 48 hours to reach an agreement. a live report. >> 40 million americans will hit the road this fourth of july holiday. we will tell you what you can expect at the gas pump. you may actually smile when you hear the predictions. right now you are smiling when you check stocks. nicole petallides is on the floor of the new york stock exchange. nicole: why not. for all those bowls. here it is for you. we have talked about volatility in these markets. the best companies, if you love them, they are on sale right now. you have seen that. we jumped once again. all three of our major averages with arrows across the board. yesterday, on friday, excuse me, on friday's readings we were down. prior to that, we had three straight games in a row. we have seen that action. but also watch best buy. it has hit a new high. they love their vendor agreements that they are doing with microsoft's. they will be able to have the product
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
Jun 26, 2013 1:00pm EDT
top. china relief rally. gdp numbers, that is what we are talking about. >> samuel adams and buffalo wild wings up almost 3% today. thank you very much. see you in 15 minutes. lori: let's talk about gold. the price of the pressures meddle humbling for the first time. let's talk to phil flynn. >> it is sentiment on what the feds do. it is concerns about china and the fed pulling back here and how far will it fall? $1200 is what traders look at. with his drop in gold down to 1250, this is probably the closest we have been to the nominal cost of production in over a decade. this is a very critical area. it will be interesting to see if this 1200 holds their key area. lori: does it mean in this cycle? give me a time frame. >> they are saying it will happen in a matter of onths. you are seeing all of the big banks jump out of this market. 1200 is probably the numbers of people in the industry is looking at. that is why it is really critical fundamentally. lori: canoe had oil for me? >> oil right now. rbob gasoline. 1992. midwest, though, cannot get a break. another refinery went down beca
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
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
Aug 9, 2013 1:00pm EDT
bullish economic reports out of china. phil flynn is in the trading pits of the cme. don't you take a real risk in believing the economic numbers out of china? >> you do, changes from week to week. everybody was writing china off. they were selling oil on bad economic data. all the sudden china cannot get enough. yesterday china imported more oil than they ever have before. oil actually went down. today strong manufacturing data out of china reuniting the bulls. we will have to rebuild them, they will go up. strong demand in the u.s. and of course a terror threat making traders a lot more leery of being too short way into the weekend. up $2 on crude, driving everything up as well. adam: you're talking about the report helping as well. is it possible on monday or tuesday we see them go the opposite direction? >> i think it is very possible because the u.s. production is soaring. it is amazing with in the biggest jump in demand we have seen in this country an in a coe of years. remember all of those refiners that were down for maintenance all summer. they're coming back online in a bi
FOX Business
Sep 11, 2012 1:00pm EDT
coming from china no matter what we do. does that matter? >> well it matters but also not surprising at all. anyone who thought with china's lower manufacturing costs and lower environmental standards that the u.s. was going to outcompete china on the cost of solar panel manufacturing, they were living in a fantasy land. that was never going to happen. it matters because it means we're sending dollars to china we don't need to jobs are created in china rather than here with those same dollars. it cernsyly matters. anyone pretending to be surprised is just that, pretending. >> on the other hand they made the point even though the panels are manufactured in china they're creating a lot of good jobs in the u.s. installing them as more and more people demand them. what do you think about that argument? >> it is probably true that jobs created by installing them. something cheaper here you want toe buy to make economic sense. we buy smartphones from china and asia as well. doesn't make economic sense to put in solar panels. at end of the day only reason homeowners install them or business
FOX Business
Jul 31, 2013 1:00pm EDT
investors cheering breakeven today. adam: and gas, life without iphones or ipad? tim cook begging china's largest mobile carrier to pick up the phone. [ 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? [ man ] lasting freshness. [ male announcer ] how do you get your bounce? a quarter million tweeters musicare tweeting.eamed. and 90million dollars are changing hands online. that's why the internet needs a new kind of server. one that's 80% small. uses 89% less energy. and costs 77% less. it's called hp moonshot. and it's giving the internet the room it needs to grow. this ...is going to be big. it's time to build a better enterprise. together. [ babies crying ] surprise -- your house was built on an ancient burial ground. [ ghosts moaning ] surprise -- your car needs a new transmission. [ coyote howls ] how about no more surprises? now you can get all the online trading tools you need without any surprise fees. ♪ it's not rocket science
FOX Business
Jul 2, 2013 1:00pm EDT
, much more to come this hour. it is an american institution that could be taken over by china. it is getting a lot of play. smithfield foods facing backlash over its proposed buyout. we're live from smithfield, virginia, next. lori: tighter capital rules for big banks, are they the answer to too big to fail? josh rosner weighs in ahead. as we do every day at this time let's take a look how oil is trading. lori: doing any barbecuing in holiday weekend? ashley: planning on doing it last week. lori: you're english. do you plan to celebrate the 4th of july? do they ask you often? ashley: they do. i say we do same thing on the 4th as we do on the 3rd. lori: chinese company propose take over of smithfield foods, causing controversy in its hometown and all over america. rich edson in smithfield, virginia. >> can't imagine 4th of july is big in england. that is sore spot, ashley. ashley: we gave up the colonies. what can you say? >> gave up. absolutely. look, i am, i am on main street usa. it is actually, this is main street in smithfield, virginia, and this is where smithfield foods is, lar
FOX Business
Feb 5, 2013 11:00am EST
have gotten some economic news as well. we have been watching it over in europe and china. that is what we are taking a look at. dagen: thank you. connell: the dow hitting 14,000 with nicole on the air. this is a snapshot of just how bad our deficits are going to be over the next ten years. dagen: rich edson is live in washington, d.c. rich: $1.1 trillion, that was our deficit for 2012. this is the most recent projections by the office. this year, a budget deficit -- the decade production was $2.26 trillion. these numbers will be much different. much worse. it must examine the budget as if congress does absolutely nothing. and current policy continues. we have had some changes. mainly that built that passed congress earlier in the year. millions of middle-class americans do not have to pay the amt. it also changed the estate tax bumping down the rate of little bit lower than what it had been over the exception of little bit higher. the numbers we just show you, the real numbers will be much worse. we will find out at 1:00 o'clock. back to you. dagen: are we going to be in a stateme
FOX Business
Jul 19, 2013 1:00pm EDT
impact of china's slowdown on american companies. dennis: the congressional cuts, with means for jobs and government. lori: i adore you, but don't. ♪ [ cows moo ] [ sizzling ] more rain... [ thunder rumbles ] ♪ [ male announcer ] when the world moves... futures move first. learn futures from experienced pros with dedicated chats and daily live webinars. and trade with papermoney to test-drive the market. ♪ all on thinkorswim. from td ameritrade. [ whirring [ dog barks ] i want to treat mo dogs. ♪ our business needs more cases. [ male announcer ] where do you want to take your business? i need help selling art. [ male announcer ] from broadband to web hosting to mobile apps, small business solutions from at&t have the security you need to get you there. call us. we can show you how at&t solions can help you do what you do... even better. ♪ >> 23 minutes past the hour, this is your fox news minute. stand your ground laws of the focus of the senate judiciary hearing in september. florida is one of 30 states that have some form of the law which played a key role in the george zi
FOX Business
Sep 27, 2012 1:00pm EDT
climbing 2%. definitely a central bank story here. rumors that china will start using. i read that somewhere. back with more after this. ♪ tdd#: 1-800-345-2550 wh i'm trading, i'm totally focused. tdd#: 1-800-345-2550 tdd#: 1-800-345-2550 and the streetsmart edge trading platform from charles schwab... tdd#: 1-800-345-2550 gives me tools that help me find unities more easily. tdd#: 1-800-345-2550 i can even access it from the cloud and trade on any computer. tdd#: 1-800-345-2550 and with schwab mobile, tdd#: 1-800-345-2550 i can focus on trading anyplace, anytime... tdd#: 1-800-345-2550 until i choose to focus on something else. tdd#: 1-800-345-2550 trade at charles schwab for $8.95 a trade. tdd#: 1-800-345-2550 open an account and trade up to tdd#: 1-800-345-2550 6 months commission-free online equity trading tdd#: 1-800-345-2550 with a $50,000 deposit. tdd#: 1-800-345-2550 call 1-866-751-3261. ♪ lori: the initial jobless claims -- melissa: i do not know if you can get past the gdp number. lori: let's go to medical petallides on the new york stock exchange. nicole: all of thos
FOX Business
Nov 27, 2013 1:00pm EST
on the country we call china. microsoft taking action to combat the nsa working to encrypt internet traffic because it suspects they may have broken into its private network. the report says microsoft executives are meeting this week to decide how to employ encryption tactics. microsoft's top lawyer says the post reported the eavesdropping on the company, quote, disturbing. we will introduce you to the poster child of medical technology. bringing portable diagnostic labs to walgreen's near you and it will save you money too. i know that about plaid. the country is yanking breweries and its rights to the iconic canned black and red patterned. thanksgiving turkey part will be caramel or popcorn? rename the fried and roasted. white house social media campaign that lets you decide and this isn't the hunger games turkey edition. they will both lived. ♪ she loves a lot of the same things you do. it's what you love about her. but your erectile dysfunction - that could be a question of blood flow cialis tadalil for daily use helps you be ready anytime the momen's right. you can be more co
FOX Business
Nov 19, 2013 11:00am EST
money. cashing in on china's new rules regarding the one child policy. connell: talking china yesterday a little bit, but ready to go here. >charles: this is a little bit f a domestic play. this is already there top market, but all of asia by the way including latin america, but this one child policy could have an amazing impact for these guys. thithe stock would have been a t higher earlier this year. i am calling it money grab against all of these western companies that sell things like food, nutrition, baby food, formula and it was really a shakedown. they are taking market shares. when we reported the numbers, sales were up 21%, north america and europe only up 2%. i think it will drive the stock significantly higher. connell: just do the math. are you a huge china bull? he thinks the new regime is so far so good. opening things up and here we go. charles: this is a different economic story now. not necessarily about exports or government spending on infrastructure, it is these guys taking their wealth and generating demand. it is going to be phenomenal. late last year the controver
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
Sep 10, 2012 1:00pm EDT
tell you how major western retailers are still making an aggressive push into china. that's coming up. tracy: good stuff, but now bottom of the hour, 30 past, we have to get a check on the markets as we do every 15 minutes. nicole petallides on the floor of the new york stock exchange. you have three tech giants having a good day today. nicole: we were just looking at one there, amazon hit a new high. also wanted to take a look at both apple and google right now. you may see down arrows they may have come off the highs. sometimes you see people selling into some gains there. take a look at apple, 1.8% to the down side. these names have all hit new highs. apple all-time high. google a multiyear high. and amazon as well a a new high. so when you're looking at these three names, in particular, we're talking about apple. everybody has so much anticipation for the iphone 5 and that's bringing in obviously tons of revenue for apple but also may contribute to shopping gdp numbers who knows. also apple's internet streaming music that we have talked about over the last week, competitor to pand
FOX Business
Jun 13, 2013 11:00am EDT
: what comes next? it is not only here in the united states. this iivolves japan. it involves china. the hope that china is may be slowing down, but not collapsing. the big question here in the united states is -- will they be able to get us out of this in a new flight? >> i am skeptical at the value of the margin of quantitative easing the challenge should for the fed right now is communication. not simply saying it is tech weekly feasible. nobody disagrees with that. connell: you think they will be able to handle it all right? >> i think that they can. i think the strategy will be a multi- year plan. right now we have different sets of officials saying different things. connell: that has been leading to the volatility. good luck with the book. thank you very much. >> thank you. dagen: the carnival triumph set to sail the high seas again today. passengers had to endure unsanitary conditions while the vessel was towed to port. since then, the ship has had 115 yen dollars in upgrades. connell: that is up our twitter talk question today. what would it take to get you on board? obvious
FOX Business
Feb 6, 2013 1:00pm EST
of china carries out the largest number of attacks from mainland china against u.s. interests. mainland china and the peoples republic there. they managed to carry out, also 3500 front organizations in this country specifically to hack, acquire, steel, however you want to say it, military secrets. all of which have been the victims of cyber attacks. they say, well, nothing very much was, you know, taken from us. we do not know who did it. rest assured, it was a temporary problem and has since been fixed. it is repeated by the day. lori: do you think that these cyber attacks are escalating toward something bigger? to your point, you mentioned how the attacks happen every day, yet we are clueless to most of them. lou: we have to be very honest about this. all of our intel agencies, do they really presume that they will be telling what the nature of the attack was? it may be for intelligence reasons that they are not saying who it is. we know, generally, that china is the source of most of them. we know, generally, that anonymous, this group protesting , as it has over the past y
FOX Business
Aug 29, 2013 11:00am EDT
is when is williams who lost to china in three sets. prior to the third round three years in a row, but no worry, shall now team up with her sister. those are all of your headlines this hour. back to connell. what do you think, a future of sports reporting? did i sell it? connell: we will have this debate on minimum-wage around the country and it has an effect on you today if you want to grab your lunch at a fast food joint because we ar expect the largest nationwide strike by fast food workers ever. in the middle of it of course our wages. the bottom line for today. liz: fast food workers coast to coast today are expected to launch their largest strike ever, it is expected to hit mcdonald's, burger king, taco bell and wendy's. possible retailers like macy's, sears, walgreens and others could face walkouts. the protests are expected in cities like los angeles, san francisco, chicago, indianapolis, tampa, boston and new york. according to organizers, they are demanding higher pay. less than double the average $9 or so per hour they make right now. plus they want the right to unioniz
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
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