Transcripts For CNBC On The Money 20160319 : vimarsana.com

CNBC On The Money March 19, 2016

More than a third of all American Adults are obese, thats despite years of hearing how we should be eating less and eating better and exercising more. Its a growing epidemic with high costs and as millions struggle to lose weight, reporter susan li has more on the business of slimming down. Reporter running and stretching and sweating. What millions of americans do to lose weight every year. Dieting never worked for me because i felt restricted and then i would want more. Ill stick to it for about six months then ill crash and go back to my usual routine. Reporter a cycle so many are facing, why a staggering 35 of American Adults are now obese according to centers for Disease Control and its costing the economy big money. In comparison, Hurricane Katrina is estimated to have caused 125 billion worth of damage. Reporter whats developed is a multimillion dollar weight loss industry as they aim to help the overweight trim down. In 2014 according to Research Firm market data enterprises, more than 64 billion was spent on the business of weight loss. Knows what its like to be overweight. Before successfully losing 60 pounds like many, she tried all sorts of diets with few results. I had really tried so many other programs and done the shakes and done the counting and the group thing and gosh, did the cabbage soup diet. Reporter what worked for her was a jenny craig program, not only helping her lose the weight but gain selfhe is steam. Better relationships and better work performancewise and better parent. Im proud of that but most proud of setting an example for my kids. Reporter but profits have been declining for the Weight Loss Companies like jenny craig and weight watchers. Theres new competition coming from nutritional Companies Like herbalife and medfast. Reporter the good news you have plenty of options to choose from. No matter what you choose, you have to put in the work to see the results. Im susan li. Why is the country so overweight when we should know better and who could be done to reverse the obesity trend. Sam kas, former white house chef. Youve advised the president and hearing the statistics like the number of 315 billion a year that it cost us in healthcare costs, why are so Many Americans overweight . Right now were not setting ourselves up for success. Were surrounded with unhealthy options and fast food on most corners. We surround our selves and homes with unhealthy options and battle ourselves to make better choices. If its too hard for people to eat better, they are not going to be successful and thats what youre seeing time and time again. They try and fail. But every day you make a slightly bad choice and over time you gain a pound a year and over 30 years, 30 pounds overweight. Dawn, what people come to you, they are looking to slim down pretty rapidly. Let me start tomorrow, let me start the next day or after the party. We really advocate structure. So many people have a hard time losing weight on their own. Its hard with over 200 food decisions to do it without a structured program. So by being on a structured program you can learn about that portion control and what the right size is. Part of the setup, you can buy four weeks of food, comes in a box for 300 and it seems different to the message we get a lot of times to eat the fresh and healthy and things that are there. Its generally frozen food and you walk the perimeters where we should be shopping, of the Grocery Store for vegetables and fresh fruits but not just about the freshness but whats in it and whats not. Not having added sugars and artificial flavors and sweeteners and that adds up to bad habits i think. The challenge for many people, they are bombarded with the what, supposed to eat more fruits and vegetables, whole grains but havent focused on the how. How you fit that into your busy life, thats the challenge. For a lot of people struggling with that. These different plans give them a way forward. Theres a lot of nonsense out there a lot of diets say you should only eat steaks or cabbage soup and its undermining peoples confidence in solid science and solid nutritional advice. We know for sure that fruits and vegetables are the foundation of a healthy diet, a lot of whole grains not too much sugar and not eating too much. We have these weight loss shows where people see people losing 50, 70 pounds, that realistic . I think they are good because they are helping people but they are extreme. It doesnt reflect normal american. What we find when people come off those programs, after every show a couple of people call us because they havent gotten the structure down. We will advocate moderate change, one change one day at a time. Anything extreme will be hard to stick to. Sam, i think about how much healthier the message is for food these days. What types of things are paying off . Do you see the next generation doing a better job than we did . Absolutely, were seeing the numbers starting to come down in terms of Childhood Obesity and schools have better nutrition and kids are smarter than we are. I was with 11yearolds and asked them what is the one thing what are some things you want to see differently in your food. This little girl said i propose to eliminate pizza friday. No i couldnt believe it. Assuming that the rest of the group, it was like 50 kids, wouldnt support her. Who else agrees with this . Half of the group raised their hands. Youve got to be kidding me. I said why . Because they are fed gmos and it makes the cheese not good for us and too much sugar and salt and i dont think its good for us. Shes 11. All of the kids were speaking like that. It blew my mind about how much more so sophisticated the next generation is. This is their normal and thats a powerful thing. Shes going to have to hang out with my 4yearold who pizza is his favorite. I love pizza. Sam and dawn, thank you so much for being here. Up next, were on the money. It is pretty and cheap and great place to raise a family. What spurred one western citys rebirth and lessons it learned can be applied the country. It is not night at the museum but one New York Museum is breathing life into its exhibit. Heres how the stock market ended the week. As we head into a new week on the money, the Federal Reserve did something expected and unexpected at its meeting this week. They kept Interest Rates steady, that was the expected part but also signaled they are likely to be only two rate hikes this year rather than the four they forecast earlier. And that was a welcome surprise for stocks. The dow closed at its highest level of the year on wednesday after that meeting and hearing all of the things she had to say, it turned positive for the year by thursday. The markets continued to climb on friday. American shoppers werent terribly busy last month. Retail sales fell a tenth of a percent in february, better than was expected and caused in part by lower gas prices but januarys retail Sales Numbers were revised sharply lower. In less than six years almost every car in america will be a lot safer. Automatic braking as a standard feature. It is a technology that applies the brakes to prevent a crash even if the driver fails to. Blue skies and cheap housing and great place to raise a family. Sounds too good to be true but wasnt always that way in ogden utah. Mary thompson is there and joins us with more. Hi, mary. Reporter hey there, im standing outside union station. You might not ogden of course is where the Union Pacific railroads linked up in the late 1800s earning the nickname junction city. When people started abandoning railroads for autos and planes they started abandoning ogden until it struck olympic gold. It has diverse economy and Outdoor Recreation firms. 40 miles north of salt lake city, low costs and scenic settings, a marked contrast when the city first tried to bring businesses back. When we first started, we would recruit anybody we could get. Reporter ogden streets reflect the hay day as a rail hub, blit reflected the hard time. When it hosted the downhill events, they began selling companies on the natural beauty. The events we brought in specifically highlighted our rivers and trails and mountains and everything else. Reporter it also sold businesses on one of its initial projects, a depot now home to 6,000 jobs at firms ranging from esurance to white clouds, the variety intentional as they didnt seem a single big company to cure its economic ills. They have focused on Smaller Companies and theyve had a lot of singles and doubles. Small steps to make ogden better in the long run. Since 2000, ogdens population increased by 9 and the Median Income at 41,000, up 21 since the renewal plan began. It sounds there are a lot of different lessons other cities could take away but they wouldnt be lucky enough to host olympics there too. Do the people think this could have been pulled off without the fanfare from the olympics that came . Reporter it would have been a lot more difficult, he wouldnt have had that big event to show case ogden. Keep in mind it is close to ski resort snow mass, so when you bring people in for that recreation, you can kind of encourage them, this is a place where you can have an outdoor lifestyle and enjoy the natural beauty, et cetera. But certainly it would have taken them a lot longer. Thank you, great to see a Success Story like that. Up next, were on the money. Dinosaurs are Going Digital at new yorks museum of Natural History, using technology to showcase one of the largest dinosaurs ever discovered. Gives you lots of extra content and comes alive. That dinosaur is really cool. Later, they make your life easier, they are cheaper than hiring someone, but which tax software is best for you . Hills, hills, mom knows it needs a big solution an antiviral. Dont kid around with the flu, call your doctor within the first 48 hours of symptoms and ask about prescription tamiflu. Attack the flu virus at its source with tamiflu, an antiviral that helps stop it from spreading in the body. Tamiflu in liquid form is fda approved to treat the flu in people two weeks of age and older whose flu symptoms started within the last two days. Before taking tamiflu tell your doctor if youre pregnant, nursing, have Serious Health conditions, or take other medicines. If you develop an allergic reaction, a severe rash, or signs of unusual behavior, stop taking tamiflu and call your doctor immediately. Children and adolescents in particular may be at an increased risk of seizures, confusion, or abnormal behavior. The most common side effects are mild to moderate nausea and vomiting. Antiflu . Go antiviral with tamiflu. Try align for a nonstop,ive sweettreatgoodness holdontoyourtiara, kindofday. Live 24 7 with 24 7 digestive support. Try align, the undisputed 1 ge recommended probiotic. When youre on hold, your business is on hold. Thats why comcast business doesnt leave you there. When you call, a Small Business expert will answer you in about 30 seconds. No annoying hold music. Just a real person, real fast. Whenever you need them. Great, thats what i said. So your business can get back to business. Sounds like my rides ready. Dont get stuck on hold. Reach an expert fast. Comcast business. Built for business. The American Museum of Natural History of one new york citys most famous and beloved institutions, founded 145 years ago with the likes of jp morgan and theodore roosevelt. It features attractions millions of years old but has a whole new way to discover them. Wow, this is a game inside the app. Where is it . If you hit the button on the bottom it will take you to it. Reporter amelia and her dad are using the museums new explorer app. It knows where you are and what youre interested in and presents the world to you through the lenses. Reporter 5 million visit every year navigating 1. 6 million square feet. Lets find out. There you go. If we want to see the star of india, tells you where to go. Reporter there are 45 halls from mammals to sea life to dinosaurs. Lots of extra content you cant get from looking at the diorama. It comes alive. We wanted to give you something more on the label. We joked its like having a friend who works at the museum. Along with the app the museum is embracing afterschool Educational Programs for kids and courses for educators as well. Ellen has been at the helm for more than two decades. We saw this incredible technology. What made you think this is the way to go and what were you following, any model . When i first got there, i was worried about getting the museum air conditioned, then along the way we got wifi completely. Using technology permeates everything we do, from dna consequencing to ct scanning and education and all kinds of technology. Now for the visitors weve been using it in our exhibitions and you can fly like or test how they flew when they had feathers on their wings. But this is really different. This is meant to allow you to create a personalized contextualized visit. It has location awareness and you tell it what youre interested in. Is it a necessary where kids so are used to technology. I think of it being a stuffy place if you dont keep up with times. We try to keep up with the times because were a science museum, we have to be at the vanguard and we are. You always want to meet your visitors, young and old, short and tall, how they live and think about things. This explorer really enables us to do it. People do think with their handhelds and its optimized and meets them the way they think. Of course, it has an avator, a bear or dinosaur. Can i be a mummy . Not yet. It cant come cheap. No, but this one is funded by bloomberg philanthropies, this was the first internal gps, quite remarkable and bloomberg funded both of them. We mentioned how youre using this for educational purposes too. A newish program and somewhat one were very proud of. Teaching youngsters to do coding but do it in the context of science. Its working with High School Girls and also middle schoolers who are from underresourced schools, we know these skills are going to be vital for young people to be prepared for the workforce, but often they learn coding but out of context. By putting it in context of science, were opening up worlds of opportunity for them. How many kids does this help . Several. You know, groups every year and then they repeat. Its just starting. Over time it will be a pretty big will be through it. People must be asking whats next, whats next . You do have a lot of exciting things coming out. Whats next is a major new building on columbus avenue, the richard Guilder Center for Science Education and innovation and it is going to be spectacular. One feature in it will be an invisible world aegss theater, we can take everyone to inside the human body and inside the brain and to the lower depths of the ocean floor, very cool. When is that completed . 2020. Thank you so much. Appreciate your time today. Appreciate it. Up next, a look at the news for the week ahead. How to avoid being taxed to the max. Consumer reports puts tax return programs to the task. Which is best for you when we come right back. For more on our show, go to our website, otm. Cnbc. Com and follow us on twitter. Here are stories coming up that may impact your money. On money president obama will become the first sitting president to visit cuba in 88 years. Well be getting existing home sales for february. On tuesday, if you live in arizona, idaho or utah, it is your turn to vote for your favorite candidate. On thursday well get durable goods orders and banks and markets are closed to observe good friday but well get the Fourth Quarter gdp as well. Thinking of taking the plunge and filing your own taxes this year, you are not alone. The irs says 93 of returns have been filed electronically and nearly half of those were selfprepared. Of course not all Tax Software Programs are created equal and figuring out which one will work best for you will require some homework. Joining us with an idea what to look for, Senior Personal finance correspondent sharon ep per son has done the homework for us. Turbo tax and h r block. Consumer reports did a comparison of both and their editor brings up a great point about testing them out first. You dont have to pay for tax software until youre ready to file. So you can tryout as many different types as you like before you actually file. Heres what you can expect to pay for the top two Tax Software Programs, turbo tax charges 55 for its online deluxe version while h r blocks version is about 35. To file a state return, turbo tax charges about 40 and r and h block just under 37. Lets pretend i dont want to tryout two Different Softwares like that. Did Consumer Reports say theres a type of person for each one of those . It depends on whether or not youve done a lot of selffiling, that is a category for you. If thats you, maybe you should go with turbo tax. If you are a heavy itemizer or if you really want to make sure you get the top value for your charitable deductions thats another reason why turbo tax may be a place for you. If you want to call someone for free, h r may be a good one for you there. Im in a household is there a floor if i fall below that i might be able to file for free . If you have a simple return, like a 1040 ez or a, then you may be able to file for free with many Different Software programs. But the irs also haez a Free File Program for any household making under 62,000 a year and thats a large swath of the country. You have access to 13 Different Companies you can use. What you want to do, Consumer Reports advocates this, look at which ones work with your state so you can file your s

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