Lets take a look at yum brands. 74. 75. They get about half of its revenue from china. Not looking so good. Traffic in china stores down about 9 . That is a big deal. The company issuing a negative outlook for china. Lowering their guidance for all of next year as well. This is a loser today. As for all stocks, mixed, cautious. We do have markets of except for the dow. Connell you are right about the end of the month. We have 31 days on our countdown. It seems like the fiscal cliff situation will never end. Monica crowley want to tell us what will happen here in washington. Nobody really knows what the next move will be. Both sides are pretty firm in their position. For anyone who thought that barack obama may move to the middle in his second term or be willing to compromise, we now know that is not true. Connell that is out of the window, and your view. Yes. Connell the democrats will argue, this is nonsense. This is who the president is. This is what he believes. My book is complete with every single time the president has proposed a type of policy. It has evolved the same exact elements we heard from geithner yesterday. Higher taxes and more spending. No entitlement reform. Connell not as much of what you think should happen, i am more interested in what will happen. The ball is now in John Boehners court. What do you think is going to happen . Over the last four years, the republicans have tried to negotiate in good faith. Even two years ago, when the first debt ceiling came up, they said they would put revenues on the table and try to work with our caucus on that. What can we get in return and the president said, basically, nothing. I will not do serious spending cuts. I am not going to do entitlement reform. I am not giving you anything. They came to the table thinking the president would meet them halfway and give them at least something that they want and the president is, yet again, not giving them anything. I think this is what the president wants. He wants the tax rates to go up. Even if that means on everybody. That means more revenue going into the government. He wants the defense cuts. He proposed even more spending. 2 billion more in spending. Connell even from congress today, there have been republicans hear similar things. It does leave them and whatever that is, it does leave them in a tough spot. Now, boehner could come back and say i will not give you 1. 6 billion in tax hikes. Otherwise, the republicans to take a share of the blame. You know, if we do go over that cliff. 400 billion out of medicare. That is the extent to which he is willing to cut. First of all, you have to do reform, connell. You cannot just put a bandaid here caught a little markets on the here. You need a serious overhaul. Connell for what its worth, my take, he would not want to do it because he would not want to be remembered that push the country back into recession. It is not leaving a strong economy, it is transforming the economy into a your european socialist. Connell thank you, monica. Thank you. Connell we do have real numbers on the economy to talk about. Today, we learned Consumer Spending is down for the month of october. Not to worry says stuart hoffman. He joins us from pittsburgh. It is a deal when Consumer Spending falls. We should put it in context. In july, august and september contributors had a pretty good rebound. As you said, some of the Hurricane Sandy koufax did affect this number we will find out on monday whether the sales came back when they announced november numbers. If you average this out, we saw, even in our company, a decline in sales of our merchant services. We have seen more of a return to normal and i was encouraged, but i guess it is now black thursday to cyber monday sales look pretty good. Connell everyone says, all right, well, what if we do not get there in terms of this washington self that monica was just talking about and we do not have a deal at the end of the year. Does that didnt stop us in our tracks and terms of economic recovery . 20 odds on recession. If you go over the cliff and the economy falls into recession, you may have higher tax rates, but you will not have higher revenues. If you go back into recession, less people working, less income, more people out of work, more employment compensation, i do not think that is in anyones interest. Connell if i had to make a prediction, it is in both interest of Speaker Boehner and president obama to come up with a solution. They will both be remembered not necessarily for january, february, arch of next year, but held the second term when. It is always tough. It sure does not help to start out with your first year of your second term with the economy back in recession. I think we will get a deal. We cannot get the compromise on the really big issues like bono commented. I think we will not fall over the cliff. It will be 150175. That will take a bite out of Consumer Spending, ap in the first quarter. We will have a decent holiday sale. Some pay back early next year. Connell thank you, stuart. I think you bring up an important point. Even if we solve this, you will see higher taxes lower spending. Some tough news from microsoft that came out today. The company will cut its order of the new surface tablet that we have talked about from 4 Million Units to 2 Million Units. This is all because of weak demand. It runs on a result eight. They continue to see very weak demand for when does a. The stock is down as you see today by about 1 . The problem is the Environmental Protection agency is leading people. Aaa coming into conflict with that because there is potentially, this could do damage to middles of vehicles. Epa has not commented on the issue so far. The great dividend rush of 2012 turning into a big story at year end. What happens when it all comes to an end . That is what we are going to talk about. Not getting their moneys worth. Ready to make the spurs for not playing their stars. A pretty good game, though, last night. This is a great story. What would you have done if you were the spurs coach . Jim gray is here. Lets take a look at oil first. The mid 80s. 88. 52. Up by 0. 45. We will be right back. Want to try to crack it . Yeah, thats the way to do it now we need a little bit more. [ male announcer ] at humana, we understand the value of qualittime and personal attention. Which is why we are proud to partner with Health Care Professionals who understand th difference that quality time with our members can make. Thats a very nice cake ohh [ giggles ] [ male announcer ] humana thanks the physicians, nurses, hospitals, pharmacists and other Health Professionals who helped us achieve the highest average star rating among National Medicare companies. And become e first and only National MedicareAdvantage Company to achieve a 5star rating for a medicare plan. Your efforts result in the quality of care and service were able to provide. Which means Better Health outcomes. And more quality time to share with the ones who matter most. I love you, grandma [ male announcer ] humana. Connell time to make a little bit of money with charles payne. Taking a look at today with charles this dog just got hammered here recently. Down at this level, pretty soon you may hear him say, you should take the company private. He does have a pretty good point. These guys are doing pretty well. If you look at the different websites, it would make a good ally to oriole map on how to win it. Anyway, revenue is up. Operating income of 53 . The searches doing even better. The stock is trading with a 12 pe. Someone you can make some money on this thing. Connell iac interactive. We will have jim gray on later with a sports story. The spurs are playing miami. The coach of the spurs fits his starters. David stern, the commissioner, want to find him for it. Charles i love the move. Here is a coach off by the way that it is not the youngest bunch in the world, guys, you have been working hard, we will take a break. The League Schedule so many games back to back to back on the road. It is really their fault. Connell i want to see what jim thinks of this. It is funny whether the nba all 411 for all. Or whether they are competing with each other. Shares are up right now. Doing better today. 7 to the upside. Building a new block of 32f35 Strike Fighter jets. They are new radar jets. They are really expensive. 15 of the budget goes to this program. That is why this could be a target for cuts. Trying to figure out if it will still happen. Lockheed martin is up right now. The dell just dipped into negative territory. Have not heard from anyone in washington today. So i guess we do not know to go one way or another. That spending number four october, two tenths of a percent of decreases. Connell another big story today, the story in cairo. We will have the latest on that coming up. If you are sick of all this fiscal cliff talk. Wayne rogers is also. Wayne has the answer to all of our debt problems. He is coming up a little bit later on. First, speaking of markets, lets take a look at current fees and how are faring against the u. S. Dollar. [ engine vs ] [ male announcer ] the mercedesbenz winter event is back, with the perfect vehicle thats just right for you, no matter which list youre on. [ santa ] ho, ho, ho, ho [ male announcer ] lease a 2013 c250 for 349 a month at your local mercedesbenz deer. You know how painful heartburn can be. For fast, long lasting relief, use doctor recommended gaviscon®. Only gaviscon® forms a protective barrier that helps block stomach acid from splashing up relieving the pain quickly. Try fast, long lasting gaviscon®. Well, having a ton of locations doesnt hurt. And a santa to boot [ chuckles ] right, baby. Oh, sir. That is a customer. Oh. Sorry about that. [ male announcer ] break from the holiday stress. Fedex office. 521 minutes past the hour, i have your fox news minute. Residence and one new jersey city are being told to stay inside after a train accident. The train went off the track after a bridge collapsed. Melting at an accelerating rate, that is according to a new study. The melting of the ice sheets has raised it. Right now, you are looking at the egyptian capital of cairo. Thousands have gathered after the Assembly Raised through approval of a new constitution in a bid to and anger over morsys newly extended power. Those are your News Headlines on the Fox Business Network. Back to connell. Connell that has been some story. We will talk more about that right now with retired Lieutenant Colonel ralph peters. They are moving. Rather quickly to throw together a constitution. I guess that is scary in some ways. First of all, i am going to say some words that you have never heard on your show. I was wrong about something. I felt the Muslim Brotherhood was going to take this in a slow way to build it in. Instead, morsy and the brotherhood have decided to go whole hog and just go through it right now. This is utterly shameless. While this constitution that now must go to a referendum of the people, the Muslim Brotherhood is pretty sure they can organize a vote for that. There our various provisions that ensure that they will default. One says that any related any question can touch on that. There is a family law that can be basically used to impress women. Freedom of speech is guaranteed, but you cannot insult individual human beings. Connell what do we do . We went through and all watch what happened in the arab spring. The constitution is thrown together in egypt. We know they are an important relationship with us. What do we do . What does the United States do . We have to recognize our limitations. We can only play on the margins. Money changes everything. Morsy is achilles heel, that is really the economy. Tourism is gone. It is very important to them. Foreign investment has essentially dried up. We do spend well over a billion dollars in aid, primarily to the military every year. It filters through the economy. We should stop connell we should stop doing that . If morsy pushes through the constitution, there is no reason to continue sending over billions of dollars a year. It also looks like under this constitution that morsy bought off the army. They get the money. They spend it anyway they want. This constitution, as i understand it, there will be no interference by the army with the government. He has a good chance of becoming this software powered dictator. Connell thank you, sir. I appreciate you coming on. Corporations paying out these early dividends. They are trying to be the coming tax hikes. Our question today will be what happens when all the money stops. What about next year . The nba looking to send out some find for venting their starters. We will find out how jim gray feels about it. Lets look at some of the individual stocks that are winners on the s p 500. Connell back on market now. We have jim gray to talk about the spurs last night venting their stars. What it all means. It is a pretty good story. Then, what happens when the money in. Corporations have been doling out these big dividends to shareholders trying to get ahead of tax hikes. What happens to the markets when they stop doing that . Wayne rogers is here. Telling us he has all the answers. We will see. At the bottom of the hour, we will go back to lauren. A big winner. 2. 40. It is about a 5 pop. Supervalu is the Third LargestSupermarket Chain in the u. S. The stock tanked 18 . It is nice to see it back up today. As for the markets overall, we have been green and red all day. Hoping to round out the week in the plus column. Overall, a pretty flat day for stocks. Back to you. Connell we will talk about basketball now, as we promised. Here is what happened. You have the San Antonio Spurs and their coach. He chose to send four of his key players home last night instead of having them play in miami. They were in the last game of a six game road trip. You talk about the best players on the team. It did not set well. Jim gray is here with us. Longtime Sports Reporter and now a fox news contributor. Thank you for coming in. Is david stern right to be upset about this . Absolutely. I hope he is harsh in his punishment. The fans deserve better. The games are being played for the fans. His mission is to protect his team and win as many games as possible. Connell let me bring up one issue and then we can continue with this. The spurs almost one. But nobody came to the game to see dargo splinter play. Connell you have to pay more. Correct as opposed to playing the rafters. This was the highest ticket price for the fourth level for the season. The game was being played on tnt. It was a preview of the finals. The fans in the stands, there is no reason for anyone to show off and that is not right. Connell the Business Model of sports generally speaking if you are a sports owner or a commissioner of a Sports League is not collective meaning all for one, one for all, is it competitive . It seems to me, that is really at the heart of this on how you view that. You have to have the best interest of the league when you take into account the best interest of the league. The interest of the game and what is in the best interest of the game is what the commissioner has to uphold. Even though he is hired and paid by the owners. This is totally unacceptable. It should be a heavy fine. I dow that he would take a draft choice. You cannot do this. This is not behavior that is acceptable. I concur more with david stern because it is reprehensible. I understand it. I have Great Respect for this coach. He has done things like this in the past. Lets hope this gets him back on track. Connell the best player may be sitting out that day taking a rest. They do it in soccer. At least those teams have the common decency and courtesy to bring those teams to the arena. If you are going to do it, at least camouflage it better. Dont be so blatant to put these guys on a plane to orlando and send these guys home and say this does not matter. They plate 82 games for a reason. Do not do that to the people. That is not there and it is not right. Connell having the amount of backtoback aids that they have. Does that need to be rethought or no . If they do not want to be salaries that they are paid, then they should revisit all of this. I do not see where the union says lets get back 10 of the game. I do not see where the teams say we can operate and say we do not need to take in the revenue from the state and television and so forth. Maybe they should roll it all back. That would be a real good idea, connell. Connell it depends on how you look at the Business Model of sports. I just thought maybe a find at the most. David stern does not show a whole lot of compassion. Connell that is true. That is definitely true. A suspension load really get people fired up. These are not easy decisions. Connell good to see you. Thank you. The story we have been doing for weeks about a different kind of stimulus. They are basically trying to get ahead of tax hikes. The question going forward, what happens when the stimulus is not there anymore, then one for the markets . That is coming up. What about now for the markets. We will be right back on markets now. Much more to come. I am dennis neal with your fox business brief. Consumer spending still more than expected in october. Income growth stalled. Up two tenths of 1 from september. Personal income was unchanged. Ford expects november to be a record month for hybrid sales. Shares of active network are soaring. Merrill lynch citing attractive valuation. The companys stock has taken a hit after a weaker then expected forecast. That is the latest from the Fox Business Network. Giving you the power to prosper. [ male announcer ] where do you turn for legal matters . At legalzoom, weve created a better place to handle your legal needs. Maybe you have questions about incorporating a business youd like to start. Or questions about protecting your family with a will or living tr