Dagen even when you are casual, you kind of throw people off because you look even better. Connell still not buying her lunch. Lets go to Nicole Petallides. Nicole good morning. We are looking at the markets right now. We have seen some accelerated selling over the last hour or so. It shows you that there are still some tutors here. Traders on wall street shrugging off his comments. We are watching just about every sector here. The one green arrow on the big board is though that is, the fear index. There is nervousness here on wall street. Dagen the strange worry about that default. The employment report for september will not be released tomorrow as the government shut down enters day three. Connell race at covering it all. Rich congress is here, but they will not pass anything. The house will try and the senate will reject and we will continue going on here. The white house meeting was essentially a negotiation about not negotiating. The president s refusal to work in a bipartisan way has led us to this shut down. We must fix and restore the American Peoples faith and our economy and our government. Especially before we reach our debt limit deadline. Rich democrats are saying if they would drop the obamacare demands, they will be willing to negotiate budget ceiling issues. As we get closer to merging these two issues, it would lead to a large and adverse financial shock. Dagen thank you, rich. Rich ads in down in washington. Connell what data should investors be using to gauge the health of the economy right now . Dagen bill, to you first. What do you hang your hat on in terms of economic numbers . Even if the government shut down, i think it looks make sense to look at a mosaic. You have an initial jobless claims today. That is a good report. It came in better than expected. We just got another version of this this morning. They come out from surveys. That government data. That i like, as well. Just to kind of come for the government data. We also get those outside the u. S. Where you made me a little bit more worried about government data. Charles it is sort of a big deal. The iso number, i think it was important. The employment month over month was down 4 . That was not good. If it continues, we can assume a number less than that. What we have taken together over the last 24 hours does not necessarily bode well. We are not anywhere near where anyone wants us to be or expects us to be. Dagen plotting along means great news for the markets. What is driving this. I think that there is little dow in my mind. The longer it goes on, the more people will get worried about the risks because they kind of builds upon itself. You know it will get solved. It will give the market a higher probability of market jitters the longer it goes on. I think it is consistent with what you may expect. Connell the report from treasury, that was just today. The comment last night, the report this morning. Charles you will hear people that never talk about the market. If we are down 200 points and they are pro obama, they will say even the stock market does not like to close down. The closer we get to the moment of truth, obviously, you expect a lot of volatility. The last two sessions is fine on this weakness. I think they are really smart investors. I find it very worrisome when the president starts talking. Stick with the Ronald Reagan line of stocks go up and stocks go down. Charles is there anyone who does not think that at the end of the day we will get a continuation of sequestration, a continue of obamacare. Dagen thank you. Connell liz claman has the exclusive interview with jack lew later on this afternoon. Dagen tesla pointing to a large metallic objects that hit one of the battery module or pacs. No one was injured. The stock certainly started selling off yesterday after an internet video showed the vehicle. Take a look at how the stock is doing today. It was down this morning. Up more than 500 . Connell it shows how everything goes viral. The internet video and now everyones talking about it. Dagen fires and fights. Connell facebook employees have been complaining about they have decided to build its own town. We will talk about that coming up. Dagen some of the employees are up in arms about dressing down. Connell a new website for College Grads who need a job. Coming up on markets now. First, a look at the oil market today. When we made our commitment to the gulf, bp had two big goals help the gulf recover and learn from what happened so we could be a better, safer energy company. I can tell you safety is at the heart of everything we do. Weve added cuttingedge technology, like a new deepwater well cap and a stateoftheart monitoring center, whe experts watch over all drilling activity twentyfourseven. And were sharing what weve learned, so we can all produce energy more safely. Our commitment has never been stronger. Amelia. Neil and buzz for teaching us that you cant create the future. By clinging to the past. And with that youre history. Instead of looking behind. Delta is looking beyond. 80 thousand of us investing billions. In everything from the best experiences below. To the finest comforts above. Were not simply saluting history. Were making it. Connell facebook is building this nearly 400 unit Housing Community for its employees. 120 million project. It is fully equipped. It includes a sports bar, cafe, pool, wellness center, they even have a spot in it. The downside is it only holds 10 of the employees. Here is a look at facebook today. 4982. You want to live and facebook town . Dagen it depends on how cheap the rent is. I have very expensive is wall street taking a page from silicone valley . The bank is introducing casual fridays. The 300yearold bank has a reputation for being buttoned up. The relaxed policy is not going over well with some of the oldschool bankers. Business attire is still required. Shares of barclays are trading down slightly. Dagen nothing casual about eli lilly shares. The company taking a hit as it warned it would cut some jobs. Nicole very well done. The shares not doing too well today. Down 3. 5 . Revenue and earnings have began to approve for eli lilly. When you talk about patent expirations, it is a big topic. It is for depression. It worsens for them in 2014. What happening, eli lilly will have to cut cost in order to achieve their goals going forward. Right now, the stock is to the downside. That is some good news. They will have to struggle in order to meet the goals. Connell thank you. Dagen should the president be talking about the markets . Telling wall street to worry. He said that wall street needs to be worried. Connell 120point oh client on the dow. Helping College Grads to find work. Say you go on an interview. They have some pretty cool ideas. First, a look at some of the currencies around the world and how everyone is faring against the dollar. 21 minutes past the hour. Strategies off the water of italy. Right now, 250 are still missing. A migration expert says three of the women have been rescued. That ship may have been carrying up to 500 africans. Many of whom could not swim. A Tropical Storm has formed in the gulf of mexico. The National Hurricane center has issued a hurricane warning along the gold coast from louisiana to florida. A Tropical Storm watch has also been issued for parts of the louisiana coast. Remember, they were hit by katrina. Not even a Government Shutdown will stop football. They goodness. Army at boston college. Air force at navy. The games are paid for by nonappropriated funds. Those are your News Headlines on the Fox Business Network. Back to dagen. Dagen i love that. I adore this woman. I do not get to see her often enough. Should the president be talking about the stock market . I think that this time is different. I think that they should be concerned. Dagen i know he is fired up, as always. Charles wrangle. Congressman, it is great to see you. You are well slept and i am overslept. Should the president be talking about the stock market . He should be talking about the countrys economy. I want fox news to know that they should be telling the whole world that i challenge anyone to contradict that one person in the United States of america cannot only bring a level of security to a fiscal posture internationally to the debt ceiling, but also open up the United States government so that we can move forward. Some may ask who is that person. His name is john boehner. He is the speaker of the entire congress. Most of the republicans believe we should open up the government and give the president the authority. Among the republicans are a handful of people that refuse to go along. The answer to this is we are only representatives to our people. Dagen i want to get back to what the president said. The president , from a political standpoint, is it a lose lose . I am not the least bit concerned as to whether there is a political liberty. I am telling you, we are not playing around about who will win the presidency in 2013. We are talking about whether or not our economy can survive a breakdown. This is big time. Dagen i want to address that. There was a bill that was actually sponsored by two republicans back in 2011. It has been presented even more recently. It is the full faith and credit act. It would ensure that the government always repays it that. Senator harry reid tabled it. He knocked it out. If the democrats are truly interested in making sure that we do not default, why would they not take this up . You are talking about renewing a legislative process. I am telling you, only one thing john boehner has to do and that is to give us a vote. Give us a vote. If the majority of the people reject the resolution, then the representatives of the americans have voted. There is no reason why he cannot say to the house this is too important to allow a handful of people to dig hate what we are doing. Give us a vote. Dagen what are the odds that we get so close that we could default . I do not think it can happen. Let me tell you why. We recognize that morally government has an obligation to those people that are poor, sick, disabled, the kids, the old people. We have not heard from the private sectors. One person cannot hold a whole nation hostage. All it takes is one statement. We are handcuffed. There is one thing that we can do. Vote. Vote. Vote. The American People, everybody in every district wants a member of congress to respond. The republican said that unless the Tea Party Members agree, we cannot vote. They are a representative of their constituents. They are voting and acting the way that i would assume those buried voters wanted them to. I do not blame them at all. That is exactly what they should be doing. What he should say is everybody go to the floor and constitutionally represent the district. Dagen congressman, we have to go. I need to be better slept the next time you are on. Look at how much energy you have. You are fired up. Fired up and i am ready to go. Connell he does have a lot of energy. Lou dobbs has a lot of energy also. Keep it going. Dagen more than four years after Michael Jacksons death, aeg will not pay one dime to his family. Cleared of that wrongful death suit out in los angeles. [ bagpipes and drums playing over ] [ music transitions to rock ] make it happen with the allnew fidelity active trader pro. Its one more innovative reason serious investors are choosing fidelity. Get 200 free trades when you open an account. Try align. Its the number one ge recommended probiotic that helps maintain digestive balance. Stay in the groove with align. Dagen here is what is coming up. Lou dobbs is here with his thoughts. Helping college kids find work. A website that lets graduate talk among themselves. Aeg cleared and the wrongful death suit brought by Michael Jacksons family. , brought up a very good question. Why would the family sue . Connell bp may be off the hook. Nicole petallides has that story for us. Nicole let me break it down for you. This all dates back to the 2010 oil spill. It turns out that they will craft some payments. It slows the pace of these hundreds of millions of dollars. It is good news, ultimately, for bp. I cannot imagine that they are really that happy. Back to you. Connell congressman Charlie Rangel on a few minutes ago. Here he is. I am telling you, there is only one thing john boehner has to do. That is to give us a vote. If the majority of the people reject the resolution, the representatives have spoken. Dagen lou dobbs is here. Host of lou dobbs tonight. I am just going to point at you and say, go. Lou i love charlie. He is 80 years old. The man is bringing it every day. He is terrific. His idea of cells john boehner and the republicans short. People need to focus on this. Connell the market comments. Lou this is being advised by morons. He cannot win. He looks like a fool for having made such a statement. What kind of mindless advisor would urge him in that direction . He has reached a point of desperation. Now the republicans coming forward and give hardworking americans the same break. It is simple basic fairness. The republicans have seen the high grounds of fairness. It may be unfamiliar territory, but they have seized it. I think it will be, ultimately, the reason they prevail. To eliminate is a matter of fairness. The subsidies for congress and white house staffs, it is absolutely appropriate. Republicans will prevail. It is utter, peter nonsense. It is all about numbers. This government still brings in more money. Until that inverts, there is no possibility of default other than a consciously irresponsible deplorable act by the administration to make that decision. Connell because of the president or other things . Lou it is difficult to tell. I guess we could rely on the old serviceables. I think more likely that this is a market that is trading relatively thin. I am sure he will give us the reason why they are not even going to discuss the default again. What may be unexpected to many of you, they will prevail in this. Dagen lou, on it, always. 7 00 p. M. Every night. Lou dobbs tonight. Also on again at 10 00 p. M. Eastern. Connell there you go. We have this new website we will talk about coming up in a few minutes. It shows you people coming up with ideas. This is good. The guy used to be at google. Dagen parts of the private sector are feeling the government shut down. Connell aeg live cleared in this wrongful death suit. We will have that coming up as well. Dont go away. Markets now. Thank you orville and wilbur. Amelia. Neil and buzz for teaching us that you cant create the future. By clinging to the past. And with that youre history. Instead of looking behind. Delta is looking beyond. 80 thousand of us investing billions. In everything from the best experiences below. To the finest comforts above. Were not simply saluting history. Were making it. You really love, what would you do . [ woman ] id be a writer. [ man ] id be a baker. [ woman ] i wanna be a pie maker. [ man ] i wanna be a pilot. [ woman ] id be an architect. What if i told you someone could pay you and what if that person were you . When you think about it, isnt that what retirement should be, paying ourselves to do what we love . I am jo ling kent with your fox business brief. Due to the Government Shutdown, there will be no monthly jobs report released on friday. No alternate release date has been scheduled. Weekly jobless claims increased by 1000 last week. That came in better then the 313,000 that the economists were expecting. Mortgage rates dropped for the Third Straight week according to freddie mac the average loan fell to 4. 22 . That is the lowest average since early july. That is the latest from the Fox Business Network. Giving you the power to prosper. So we could be a better, safer energy company. I can tell you safety is at the heart of everything we do. Weve added cuttingedge technology, like a new deepwater well cap and a stateoftheart monitoring center, whe experts watch over all drilling activity twentyfourseven. And were sharing what weve learned, so we can all produce energy more safely. Our commitment has never been stronger. And this park is the inside of your body. See, the special psyllium fir in metamucil actually gels to trap some carbs to help maintain healthy blood sugar levels. Metamucil. 3 amazing benefits in 1 super fiber. Connell to get away from all of the shut down talk and just for a few minutes lets talk about what i think is a great topic. Helping College Grads find jobs. We have the chief executive officer and cofounder of college feed. I want you to explain what you are doing here. It almost seemed to me, it seemed to be kind of like linkedin. Thank you for having me on this show. Linkedin is one way to describe it. The idea is that college kids have very specific needs. They are not like professionals that have specific work experience. We ask very little of the College Student to start with. We say tell us a little bit about the companies you want to work for. Point us to some examples of projects. Kids can show off projects. Connell lets say that a College Graduate goes out for an interview. What do they share . Want to share that information, it is highly personalized for you. Given the interest in white you are good at, expiration of your career. What you may want to do is step one. Step two is these are the countries at companies that you are interested in. Basically after you do a job interview, you can come back and look at other options. You can go explore options for yourself on an ongoing basis. Connell i think it is interesting. Just give us one quick observation and that we have to go because of time, unfortunately. Any big trends you are noticing . What we are noticing is there is a huge focus to get humanities students. If students can show their potential, it could be english, it could be writing, it could be history, psychology, these kids are bright. They have potential. It can be demonstrated to employers if they do a good job on their profile. The trend we are seeing is that a lot of these kids are employable if they put in the effort. Connell check it out. College feed is the name of the company. Thank you. Dagen is the government shut down, they are seeing red. Mark newton is here. What do you think is driving the broad selloff today on top of that . The Defense Sector as a whole is starting to s