Jobless claims. That comes in at 8 30 eastern time. First time filers are seeing falling to 295,000. Also, cbs and dish network are locked in a fierce battle with a deadline of 7 00 p. M. Tonight. If an agreement isnt reached today, cbs is ready to pull its channels from dish in some of the nation aes biggest markets. Andrew. Thanks, becky. Here is whats going on. Disney boosting its annual dividend by 34 to 1. 15 a share. That company posting a record profit and revenues for the last four years now. The stock is up more than 20 just this year alone. Best buy is now selling a struggling China Business to a five star to a domestic real estate farm there. The retailer says it wants to focus on its north american operations. Terms of that deal not disclosed. And aeropostale plans to cut some stores. That Company Offering a weak forecast for the current holiday quarter. And earnings beating the street. That Company Offering a weaker fullyear outlook. Staying on the retail theme, pbh warning its current earnings will fall short of wall street estimates. The companys brands include calvin cline and tommy hilfiger. One story getting a lot of buzz on wall street and main street, that is the drop in Energy Prices. Filtering through to the consumer. Drivers in Oklahoma City fining gas prices below 2 a gallon. Gas buddy. Com reports other parts of the country will soon see the same thing, perhaps a buy as early as this weekend. And one note just quickly on disney, always would be nice to give what the current yield is. So 34 . Wow, that must be a big yielder. Well, it was only yielding 0. 9 . So its a dow component that was never really a yield stock. Dont really understand the shift to deciding to make it more. Because the 34 boost, youre trying to do something, because thats obviously most companies go up 9 the , 10 , 12 . Why it hasnt been a dividend play all along, thats something that companies decide whether theyre a growth stock or dividend stock. Looks like theyre providing more energy to shareholders. A lot of cash flow. But the dividend had been 86 a year on a 93year stock which is yielding less than 1 . So by going up 34 , its barely to 1. 25 . Youve got on explain whats happening. Look, disney has been a fantastic stock, its done very well. You always wonder if this is a way to keep activists at bay. I have a hard time looking at this stock and saying this Company Needs there were two disneys. There was the you guys werent around when this was happening, but way back when i was down in philadelphia with you, remember . But even before then. When remember, it has now gone from 20 up. And anybody who doubted him recanted. And they were paid like 250,000 for but arent you happy . I dont know if that is what theyre doing. The buy back cuts the number of outstanding shares. So immediately, that makes earnings per share go higher. So if you keep the same multiple and you have this it should help things go up. Well, if i could you know, this might be a better tax treatment down the road when you get into a higher bracket some day. Thank you. Im still working on that. Keep trying. You got six jobs right now. Cant decide whether to label him as a high flying guy or not. It just depends on the conversation. Whatever suits the you know. Whatever future at the moment. Exactly. Good for you. I can if you want to ill just get out of the way. Lets check on the markets this morning. Take a look at the futures and see whats been happening. Yesterday with the markets, things looked very strong. Once again this morning, the dow closed at another new high. There are green arrows once again. These are moderate advances at this point with the dow futures up by about 15 points. The nasdaq up by just over 3. 5. If you watch early trade in europe, there are green arrows there, as with well. In germany, the dax is up 0. 4 . The ftse has barely changed. Asia overnight, joe mentioned the nikkei closing at what was it, joe . 7 1 2 year high. This morning, those were the final closing numbers. Im not impressed with 17,000. No, because were looking at 18,000 for the do i, in fact, we were there at one point yesterday. And japan, what is the high, 40, 48, Something Like that . Exactly pop. The other big story this morning, wti down about 26 cents this morning. Youll see at this point the yield looks like its 2. 832 . And the dollar has been the huge story, the strength against the euro. This morning, the dollar is slightly weaker. And gold prices are down 1,202. 30. Excitement building in florida this morning. Jane wells is standing by waiting for orion to will it off. Jane. Andrew, we are now 58 minutes away from what nasa says will be our first step in putting humans on mars. We have some video, i believe, shot from early this morning as they had moved away the mobile service tower. At 1 00 a. M. , Lockheed Martin, which built orion, began powering up the systems. They fueled it. They have now finished fueling it with liquid hydrogen and oxygen. The excitement is hard to believe. Yesterday, nasas administration became emotional talking about what this means. Todays test flight is intentionally unrisky and thats why it is unmanned. Tomorrow morning, youre going to see us press harder than weve pressed before. For the first time in more than 40 years, this nation is going to launch a spacecraft intended to carry humans beyond the earth orbit. Thats a big deal. Being tested is a brand new escape mechanism for a crew, a new heat shield and over 4 november hours, orion will loop the either going 15 times higher than the space station to reach the reentry speed it needs. Temperatures will reach 4,000 degrees before it splashes down in the coast of baha, california. In a twit, Lockheed Martin will be the lead on this first test flight, not nasa. What is the chance that something could go wrong . You know, we can give you the liability number thats prove that its really, really, really, really, tiny numbers, right . But we also have murphy, our careers and lives and its likely that something will go wrong. But thats kind of the goal of the flight test. That is why you do unmanned fefts. Were going to get a weather briefing in about a half hour. It should take off at 7 0 5 eastern. If that happens, it will land around 11 30 eastern. And then the next unmanned test is planned for 2017 or 18. A manned mission, which will probably go around the moon, is scheduled for 2021. And if nasa can keep getting the funding, we could put people on mars in 2030s. Which means theres probably some 10yearold Walking Around right now who will be the first human on mars. Jane, i know this is rocket science, but did that guy say he would be shocked if everything works . Thats not the thing you want to hear if youre the guy getting on the rocket. Because there is so much new they are testing and listen, the things hes thinking about in particular is the Computer Systems. Theyre going to go through the radiation belt. We havent done that in a long time. And the Computer Systems are so much more dense and complex now, theyre more vulnerable to radiation than the Apollo Computers were. So he expects computer resets. Okay. But i guess thats part of the plan. We understand with exploration thats the thing. But wow. Whew its shocking to hear Something Like that. Well, you know, thats why you do tests. They really want to stress this. They want to stress this. All right. Jane, we are excited to watch this. We are excited to see what happens. It is less than an hour and counti counting. There is a little girl that sips the day she was 3 years old, shes been wanting to go to mars. And shes been going to space camp. When nasa plans things, shes sitting there on the panel. She really wants to go to mars. I do not, for my own i still want to go to space camp. You do . I always wanted to go to space camp. My kids now want to go to space camp. Do you know where we were yesterday at the business round table . Did you see how everything was glass and the elevators were glass and you were walking across bridges like the grand canyon where you could look down . When i got there in the morning, i was dark and i didnt notice. But when i was leaving, i was holding the walls. And then the elevator, its a glass shaft that goes down and it comes up and all you can see is this much elevator. I felt like a mouse stepping into a payload i forgot you dont like heights. I dont like talking about it right now. Anyway, speaking of vertigo, markets closing on a high. U. S. Stocks are on track for their best quarterly gains in a year. Yesterday, president obama mentioned like six times or something talking about infrastructure. Isnt keystone infrastructure . I dont know. Anyway, a vary bull yishg tone. I thought the fed may be light in easing, tightening, and now obviously the lower deflationary pressures of oil pric prices, they could keep rates lower longer. Which means equity prices are going higher worldwide. 4. 5 trillion. We could do all the infrastructure. Joining us now is drew mattes, chief economist at you ubs. And darrel kronk. Is this a new dud suit youve got . Haircut. Its the high and tight. I like the cut of your jib. Theres stuff you have to do, right . When you get a promotion. I guess. Ill let you know if that ever happens. Ill tell you, i just started reading this again to try to understand this. I always thought that countries that needed, like wab boost liked to devalue their currency and that that would help with their exports. And im seeing the dollars rise is wreaking havoc in europe and asia and hurting all these places. Why . Yeah. If its in the journal, it might be true. Its not the new york times. Its almost like opposite land out there. The decline in Energy Prices hurts the u. S. Thats not true. I was thinking that yesterday. This is a crazy world were in and we dont know when to like it or not. And a lot countries that complain that were going to do quantitative easing and theyre saying, when you stop quantitative easing, thats going to hurt us. This is why the fed focuses on domestic issues. Can you tell you something . Lower oil prices is probably good for us. Strong dollar. Lower energy. What weve seen in the markets and people have said, wow, this market is disconnected from the economic fundamentales and thats because of the fed. Suddenly, you happen, a lot of economic fundamentals all of a sudden seem to have caught up with where the market is. I dont know if its goldilocks, but it almost seems like the opposite of stagflation. Its better growth, continued low inflation. Isnt there a robe the markets are high . Absolutely. You have the best point for equity markets historically is when you have rising earnings, low inflation, and low but rising Interest Rates. Even europe, much of Continental Europe is catching a bid and starting to move higher. So this disconnect between the economic fundamentals, just because the economic fundamentals are not suggesting great things at the moment does not mean the markets cant do well and, in fact, are doing quite well. Longterm, but shortterm, think back to the u. S. , right . You had the u. S. In the slow growth. For years, 09 through 12, talked about how low growth was. What did the equity markets do . They continued to grind and move higher. Now, growth is catching up. Four of the last five quarters are 3. 5 or better u. S. Gdp growth. Four of the last five. Oh, you cant believe that. That is what i always hear. There was that one quarter where it was negative. And the fact that no one could explain it means that that is the one we should always trust. I am walking people off the ledge every day. We had 2. 5 million jobs last year. The unemployment is dropping like a stone. If janet yellen doesnt watch out, inflation will pick up and walking who off the ledge, everyone . Everyone. Growth is awful. Falling Energy Prices are going to hurt the u. S. Last i checked, north dakota was still a tiny proportion of the u. S. Economy, even with the shale exploration. All these things are going on and everyone is trying to find the cloud instead of looking at the giant silver lining. And its getting harder and harder. Theres not much cloud and theres a heck of a lot of silver lining. None of this makes sense. The price line guy for travel, its really bad for us. Its across all other currencies because travelers are traveling across currency zones. Hold on. How much of their business is international versus u. S. . Probably not much, right . Thats what i was going to say. They do have an international business. They were talking about there are international business. And then no one ever hedges. Drew, yesterday i saw from people saying the june rise in rates is now not going to happen. You know, most Portfolio Managers traders are probably going along that line. Theyre thinking more september december. I will say that and i dont often trust my fellow colleagues in strategies. But almost every one of them are sitting in june. The Wage Inflation was a disappointment. Yeah, its funny, these are the same people who tell us the natural rate of unemployment hasnt changed. Theyre all beginning to worry about Wage Inflation at 5. 5 , r5. 7 . Unless you think the natural rate of unemployment is somewhere above 6 , you shouldnt be thinking about wage. Theyre all starting to get nervous about it. Anyone you talk to is like, you know, what about that average earnings number . Everyone is looking for it. But they shouldnt be looking for it if they believe the Unemployment Rate could go a lot lower. I think youve admitted yesterday maybe he was not exactly correct in saying the fed is behind the curve, and should be raising rates much more. But he bought so much money for you know, people that are trying to return money for Pension Plans and have these assumptions, its a tough environment. Nice, average Hourly Earnings. The jobs report, certainly october and september were nothing. Which is a little bit pent up. So i would say 0. 3 , maybe even 0. 4 , which will get people talking about. 2015 will be lift off year, lift off for the next hour in florida. It will be lift off year, whether its june, september or december. How much are your average Hourly Earnings . At least i got promoted, joe. Im helping. Im trying to help the economy. You dont know whether the average Hourly Earnings, how much is on them . Thats the new title. Yeah, you look a little different. Its the environment. All right, darrel and drew. Thank you. Still to come this hour, the future of media, the fierce battle over how the internet the going to be ruled. At 6 30 eastern time, why some of the nations Biggest Companies having trouble filling jobs. And the girl scouts go digital. How some of our youngest entrepreneurs plan to bring cookie sales to your mobile devices. Squawk box returns with all of that in just a moment. Big movie news this morning, announced minutes ago, title of the 24th James Bond Film, it will she called specter. And you might recall in addition to chaos, the other major enemy and spy genre, spectre was behind some of the dastardly plans to take over the world. Shooting begins on money. Daniel craig is going to play 007 for the fourth time. Pretty good at it. Hes great at it. And its the british spelling of spectre. Yes. I thought that was just its going be released next fall. I would have pronounced it spectry. Yeah. What kind of car was that, do you guys know . Was that an aston martin . I wouldnt be surprised if it was. I bet it has all kinds of neat guns in it, things that have been worked up along the way. Yeah. Violence and all that stuff. But 007, if anybody needs him, he yeah, yeah, right . Even you would let him keep something, right, a club at least. You can use his bare hands. Lets tell but other media news, as well. Cnbc, the network is doing a second live musical, peter pan live. You may remember nbc found huge success with last decembers live rendition of the sound of music. And theres something about doing it live. There is. People waiting for something to happen. You sit at home and it becomes an event that way. We fell into it last year. I remember the magic that that could engender when youre a little kid. What are the proper ages tonight . Kyle is excited at 3, but the girls were excited last year at 9 and 11. 8 00 eastern . I think for this particular version of peter pan, the ages appropriate are probably 2 to 98. There you have it. The sorkin family will be watching. Maybe 1 to 98. Lets talk about the issue of free internet. We also heard from the chairman of Sprint Communications on this issue of Net Neutrality. We paused our investment until we know what the rules are. Its a pause. Lets understand what the rules are. There are concerns people have about how the internet will be treated in the future. And the president articulated we need to do that. He wants to put the internet into regulations written in 1934. We dont believe taking a 1934 regulation for telephone monopoly and applying it on the internet is the right solution. Joining us now, craig moppett. Craig, the president wants one thing. How much impact will he have on the fcc . As Randall Stephenson says, is there a way to thread the needle here . Were talking about two separate things here, right . On the one hand, the advocates for Net Neutrality want the kinds of issues that they were talking about yesterday. But what people are concerned about is theyre concerned with the Collateral Damage or the ancillary issues that come along with reclassification could create issues like price competition. Thats right. Price regulation. And here is the problem. The fcc, while it is a fully empty agency, its still going do need three votes. So that is the logjam were in, right . The democrats want reclassification because obama said has said they want reclassification and the industry is afraid that reclassification would bring with it all this Collateral Damage. Tell us about the damag