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Transcripts For FBC MONEY With Melissa Francis 20141223 : vi
Transcripts For FBC MONEY With Melissa Francis 20141223 : vi
FBC MONEY With Melissa Francis December 23, 2014
Melissa breaking records, making money. An early
Christmas Present
for wall street as the dow crosses 18,000 for the first time in history, lets bring in todays panel. Fox businesss charlie gasparino, jack hough from barrons. Monica crowley from the washington times. She is also fox news contributor. Jack what do you think of this rally . It is certainly welcome. Only an idiot would try to predict what the stock market will do. That said, let me predict what the market will do. The u. S. Market will rise 8 . Melissa really. I pick that number because that is rate of expected
Earnings Growth
next year. We had enough of rising valuations in u. S. They have been high as they get relative to earnings. See valuations stable, match melissa nice haircut,. Petco. Melissa wellplayed. I agree. Heres the thing, look at this way, low inflation a huge tax cut in the name of
Lower Oil Prices
and lower gas prices. Not really great wage growth. And decently expanding economy, unless something takes, throws a
Monkey Wrench
into that formula the market has got to go up. I dont know how much. I wont say 8 but got to be a decent run. It has to be. Melissa well hold you to that. Unless one of those supposed fed has to raise rates because there is asset bubble . That is the sort thing you have to worry about. Melissa i want to bring monica in on this one of the economy is growing at fastest pace in more than a decade rising 5 in the third quarter. Is though, is that, there might be something to this number. The government recently changed way it calculates gdp to take advantage of our love of movies and ipad. So they not only want to calculate the income that comes from selling an independednt pad and from us going to the movies but they also want to count the research and development and quantify it that goes into an independednt pad and also want to try to put a price on intellectual property within a movie so they can make this number bigger. What do you think about that . I hope the 5 number is true but however the confidence weve had in government numbers whether unemployment or gdp has been on shaky ground for quite a long time. I hope this is real. My confidence with the government putting in some intangibles to get a higher number, look, i think were on dicey ground here. Well see how it plays out but i dont think that 5 number is anywhere near where we ought to be. The growth number has been revised down the last couple of quarters. We know unemployment is fake number. There is this fake money melissa jack, youre chomping at the bit. I couldnt disagree more. Almost every year there is change how we calculate inflation or jobs or
Economic Growth
and every year there is a
Conspiracy Theory
that theyre faking it. Melissa it is pretty fishy. Go after the stuff we love. Trying to apple up the numbers. Jack, if we had real, 5, 6 growth, wage growth would be better. Historically im not saying theyre fake. If they were faking
Economic Growth
how do you explain the last five years . Why dont they fake it better . Saying theyre faking it. Here the problem. To say this shows how great things are, 5 growth that i agree. You dont have the wage growth. The problem is, the gdp doesnt measure whether were
Getting Better
off. It just measures money whipping around the economy. By the way if mcdonalds making us fat because were buy hamburgers and drugmaker is curing diabetes and that is not figured in and money whipping through the economy. That is the central problem with obamanomics. Very food for the market, rich fat cats. People like us with few bucks to invest, hopefully people watch
Fox Business Network
for the average joe if youre not in the market youre kind of screwed. Youre getting a decent economy and not except for the top 1 . Yes. All our viewers hopefully, new york city mayor bill de blasio slamming the media for dividing city. I dont see reports on many decent, good people. I dont see reports on everyday cops who do the exemplary thing and hold the line and show restraint and discipline no matter what invective is hurled at them. [inaudible] you know what . Im telling you over again [inaudible] that im telling you that is how you want to portray the world but we know different reality. Some people portray that. It is wrong. They shouldnt do. That it is wrong. It is nasty, it is negative. But they, my friend are not the majority. Stop portraying them as the majority. Damn media it is always our fault. Damn media ive been calling bill de blasio comrade bill de blasio sips even before he came in. I thought the train would come of at tracks a lot later into his mayorty of new york city because he is a leftwinger. He is a socialist in ways that barack obama never really is. Melissa right. It took less than a year. I will say this, what he is displaying is a disgusting, disgusting portrayal of those protest which anybody that watched those protests would sit there and, it wasnt just three peoples chanting lets kill cops. There were hundreds of people. This mayor needs to choose between two priorities. One making crowds of black supporters cheer and the other is making saving young black lives. We should stop undermining we should point out in the protests, there were really few africanamericans in the latest protests. Not very few. It was majority white people from the
Union Movement
that were organized to disrupt new york city. Melissa go ahead. He snead to be mayor of all of the people. It is not just, black constituents. Not just unions. Melissa not about not about slicing and dicing electorate. What you saw there was really embarrassing speckel. Melissa it was embarassing. Talk about his lack of leadership throughout but to whine, that it is presss fault for the fact he lost confidence and trust of his blitz department which was on shaky ground to begin with that is one of the most immature things i ever see come from any leader. I dont see how he goes forward. Melissa kill the messenger. This is it what were kind of missing this is the biggest city in the country. One of the biggest cities in the world. Center of finance for the world. It is incredibly dynamic place. When you have the mayor this insane losing it this bad, that is a bad story. It is
Public Safety
situation. Melissa definitely. He doesnt have control over his police force and they dont respect him. Melissa get this. White house officially hired a lobbiest of its own to lobby congress. Technically calling this position a senate liaison, i mean, come on. This is amazing. On his first day in office he said, you know, he said that he will not hire any lobbyists. Have to take a twoyear break before you can serve in my administration. Since then he granted wafers to people and hired them anyway. Gone to the point where he hired a lobby. Monica, are you putting resume in. Hire me. Call me, mr. President. Melissa no. He has huge hypocrisy problem as you point out here. Also what the hell does he need a lobbiest for to go to congress . This is what a president does. This is what leadership is all about. Go to members of other party, twist theirs arms. Go to members of your own party, persuade them. That is your job description. He is outsourcing the presidency should be most influential guy. Lobbiest for a lobby. Call him a czar. Great idea. Answers to why the anaconda just didnt want none. The man behind eaten alive, why he let discovery film. He was apparently merely nibbled in order to bring mass attention to conservation and anacondas. So he says he was grimsley amused to see the commercial made it look like i was eaten by an anaconda. I love this story. There are a lot of reasons. There are a lot of reasons. The guy didnt get evennen. Melissa he didnt get close to getting eaten. The name of the whole show was eaten alive to drive ratings. Eyeball click and eyeball bait. He got a little nibble. Melissa were delicious about this, excuse the pun, this guy is saying he did it because he loves animals and he wanted to bring awareness to illegal gold mining and deforested areas in the amazon. So he went out there and wanted to show people snakes and goes out there and peta attacks him afterward because the snakes were abused. He didnt even get eaten. How do you abuse an anaconda . Melissa almost choked on him. I think that is what peta said. You tortured the snake. Thought it would eat this delicious thing and took the person out of its mouth. Take the cheeseburger away from me to see it happens. They have a thing called twitter if you want to raise awareness. Dont have to put your head in a snakes mouth. Melissa i love the story. Charlie doesnt. Your show, dude. Melissa there you to. Well have christmas debut after all. Sony confirms it is releasing the controversial movie but only in select theaters. Dreaming after
White Christmas
. More like a wet and windy one. Where
Stormy Weather
may make holiday traveling a nightmare and delay last minute packages. More money coming up. She inspires you. No question about that. But your erectile dysfunction that could be a question of blood flow. Cialis tadalafil for daily use helps you be
Ready Anytime
the moments right. You can be more confident in your ability to be ready. And the same cialis is the only daily ed tablet approved to treat ed and symptoms of bph, like needing to go frequently or urgently. Tell your doctor about all your medical conditions and medicines, and ask if your heart is healthy enough for sex. Do not take cialis if you take nitrates for chest pain, as it may cause an unsafe drop in blood pressure. Do not drink alcohol in excess. Side effects may include headache, upset stomach, delayed backache or muscle ache. To avoid long term injury, get medical help right away for an erection lasting more than four hours. If you have any sudden decrease or loss in hearing or vision, or any allergic reactions like rash, hives, swelling of the lips, tongue or throat, or difficulty breathing or swallowing, stop taking cialis and get medical help right away. Ask your doctor about cialis for daily use and a free 30tablet trial. Melissa the sony saga takes another attorney today as the
Company Announces
it will release the interview in select theaters on
Christmas Day
after all. One cinema chain in texas, of course it is texas. Its ceo explained last hour on risk reward. It has become much more than this one movie. This movie is emblem of freedom of speech at this point. I encourage everybody to support it. It is bigger than just the view view. The view. White house issued a statement applauding sonys decision. We have a attorney from los angeles. And
Michael Tamaro
from in the fox light. And jack hough with us as well. Dominic, let me start with you. Do you think the theaters have to sign a release that they will not hold sony responsible if they show this movie . Well, obviously theyre assuming the risk here and this is a response by sony that appears to be their reaction to the public backlash and highprofile protests youve seen from stars and from the president himself. Melissa yeah. Michael, i think this could possibly be the most effective stunt of all time. Now they release the movie. There is all everybody said release it and well go see it in droves because we want to support the movie and well not let the terrorists win or hackers. Heres the thing. This movie was going to be a very small player on
Christmas Day
. There are a lot of big releases. American sniper, into the woods. This movie would have been forgotten moment it was released. I dont think it was a stunt. It was a poorly mishandled
Crisis Management
situation from the very beginning. Now it is about saving face. Melissa looking so silly and ridiculous like they fumbled could be a genius stunt of all time. What a great cover. They look like idiots. You would never believe theyre smart. Jack, what do you think. Are you running to the movie to see the movie. I heard the movie was two hours of crotch jokes. That is not a holiday tradition in my family to watch it. The money in the movie is rounding error for larger holding company. They have more potential shutting down
Electronics Businesses
that arent working right now. Melissa they said they would lose 200 million. It had most effective pr of all time. Dominic, seth rowing fan was out there rogan was tweeting. The people have spoken. Sony didnt give up. How many theaters do you think are going to do it . I think as many as can get their hands on it. You have unprecedented interest here. So ironically whoever did this north korea or someone else in attempt to stifle free speech encouraged interest in a movie that would not otherwise have been there. It is remarkable. As many theaters as possible i think you will see a lot of people request the movie. Melissa sony on the offensive trying to stop the hacks of information. Going after twitter and threatening it with a lawsuit if it doesnt suspend an account leaking documents. This is great one. At
Bikini Robot Army
is the guy behind all this this sound like a character from spongebob. Shows how poorly they handle the whole thing. Send out the letter to
News Networks
to stop reporting bit. Tried heavy hand, studio executives with the petition. From the beginning they should have brought in studio executives from other studios and news chiefs. Were all in this together. Were all americans. This is unprecedented situation. Today it is us, tomorrow it is you. We need your help but they didnt. That part problem. Thats why were here today. Melissa we know how twitter works, they block the account and opens up another one. What is the point of that . I dont think this will work. Isnt the internet tough to control once you leak those nude photos or something . Isnt it too late to reach back out. Melissa yeah although my they should know. Melissa go ahead, dominic. Youre just drawing more attention to it, right . Melissa yeah. Thats the dilemma. On one hand he wants to protect his clients stolen confidential information. On the other hand sending out stern letters and theyre being released it is making more people curious about whats being banned, what is being censored. Melissa definitely,
Bikini Robot Army
, there you go. Thanks, guys. Huge day for markets. S p and dow hitting new highs. Big board topping 18,000 for the first time ever. Lets go to
Nicole Petallides
on floor of the
New York Stock Exchange
with more on todays trade. Big day down there, nicole. No doubt. Dow 18,000. People are waiting for it. Does it really mean anything . No. But a great psychological round number. We crossed through. That right now the dow is up 95 points, holding on to some great gains. We have names on the dow, hitting lifetime highs today. Some folks own these, probably pretty happy to see it. Travelers, visa, 3m which since pulled into the red and hit a lifetime high. Proctor gamble, disney and home depot. Weve had stellar performers. Intel and
United Health
have been great performers on the
Dow Jones Industrial
average and better than expected gdp numbers showing growth in the economy. That helped things along. Back to you. Melissa nicole, thank you so much. A few stories on our radar. Keurig is recalling nearly seven million of its popular coffee machines because of burnrelated injuries. Its mini plus brewing system has been found to leak boiling water on customers thats not good. New home sales fallen for a second straight month falling 1. 6 in november. Follows yesterdays existing home sales data which hit a sixmonth low. An any made the movie frozen, named entertainer of year by associated press, the movie. Okay. It received 12 of 47 votes followed by taylor swift in second place. Jimmy fallon for third. Who would have been my vote by the way. Melissa crazy pet lovers took it one step further. The technology, even the dog whisperer would be jealous of. Hopefully by now youve gotten all of your shopping done but did you fall for retailers tricks . Sneakiest ways stores convince you to spend more money and how to outsmart them. Do you ever have too much money . Thanks. [ male announcer ] fedex® has solutions to able
Global Commerce
that can help your company grow steadily and quickly. Great job. mandarin cut it out. See you tomorrow. And i quit smoking with chantix. People who know me, they say i never thought you would quit. but chantix helped me do it. Along with support,
Chantix Varenicline
is proven to help people quit smoking. It gave me the power to overcome the urge to smoke. Some people had changes in behavior, thinking or mood, hostility, agitation, depressed mood and suicidal thoughts or actions while taking or after stopping chantix. Some people had seizures while taking chantix. If you have any of these, stop chantix and call your doctor right away. Tell your doctor about any history of
Mental Health
problems, which could get rse while taking chantix or story of seizures. Don take chantix if youve had a serious allergic or skin reaction to it. If you develop these, op chantix and see your doctor right away as some can be lifethreatening. Tell your doctor if you have a history of heart or blood vessel problems, or if you develop new or worse symptoms. Get medical help right away if you have symptoms of a heart attack or stroke. Decrease alcohol use while king chantix. Use caution when driving or operating machinery. Common side effects include nausea, trouble sleeping and unusual dreams. Im a nonsmoker, that feels amazing. Ask your doctor if chantix is right for you. Melissa the holidays are almost over but retailers have got their own tricks to get to you spend even more money long after theyre gone. They are banking on you, the consumer, to be totally hopeless at math dont do it we took to the streets with a simple question, to see what you think and to see if you fall into their trap. Take a listen. 33 more coffee or 33 discount. Which do you think is the better deal . Uh good question. I rather have more coffee. Im used to spending price. More coffee. More coffee. The best value for your money i definitely say get the discount. Could have fee is too expensive. Take the discount. Probably the discount. Why is that. Guessing. I dont know. I never
Christmas Present<\/a> for wall street as the dow crosses 18,000 for the first time in history, lets bring in todays panel. Fox businesss charlie gasparino, jack hough from barrons. Monica crowley from the washington times. She is also fox news contributor. Jack what do you think of this rally . It is certainly welcome. Only an idiot would try to predict what the stock market will do. That said, let me predict what the market will do. The u. S. Market will rise 8 . Melissa really. I pick that number because that is rate of expected
Earnings Growth<\/a> next year. We had enough of rising valuations in u. S. They have been high as they get relative to earnings. See valuations stable, match melissa nice haircut,. Petco. Melissa wellplayed. I agree. Heres the thing, look at this way, low inflation a huge tax cut in the name of
Lower Oil Prices<\/a> and lower gas prices. Not really great wage growth. And decently expanding economy, unless something takes, throws a
Monkey Wrench<\/a> into that formula the market has got to go up. I dont know how much. I wont say 8 but got to be a decent run. It has to be. Melissa well hold you to that. Unless one of those supposed fed has to raise rates because there is asset bubble . That is the sort thing you have to worry about. Melissa i want to bring monica in on this one of the economy is growing at fastest pace in more than a decade rising 5 in the third quarter. Is though, is that, there might be something to this number. The government recently changed way it calculates gdp to take advantage of our love of movies and ipad. So they not only want to calculate the income that comes from selling an independednt pad and from us going to the movies but they also want to count the research and development and quantify it that goes into an independednt pad and also want to try to put a price on intellectual property within a movie so they can make this number bigger. What do you think about that . I hope the 5 number is true but however the confidence weve had in government numbers whether unemployment or gdp has been on shaky ground for quite a long time. I hope this is real. My confidence with the government putting in some intangibles to get a higher number, look, i think were on dicey ground here. Well see how it plays out but i dont think that 5 number is anywhere near where we ought to be. The growth number has been revised down the last couple of quarters. We know unemployment is fake number. There is this fake money melissa jack, youre chomping at the bit. I couldnt disagree more. Almost every year there is change how we calculate inflation or jobs or
Economic Growth<\/a> and every year there is a
Conspiracy Theory<\/a> that theyre faking it. Melissa it is pretty fishy. Go after the stuff we love. Trying to apple up the numbers. Jack, if we had real, 5, 6 growth, wage growth would be better. Historically im not saying theyre fake. If they were faking
Economic Growth<\/a> how do you explain the last five years . Why dont they fake it better . Saying theyre faking it. Here the problem. To say this shows how great things are, 5 growth that i agree. You dont have the wage growth. The problem is, the gdp doesnt measure whether were
Getting Better<\/a> off. It just measures money whipping around the economy. By the way if mcdonalds making us fat because were buy hamburgers and drugmaker is curing diabetes and that is not figured in and money whipping through the economy. That is the central problem with obamanomics. Very food for the market, rich fat cats. People like us with few bucks to invest, hopefully people watch
Fox Business Network<\/a> for the average joe if youre not in the market youre kind of screwed. Youre getting a decent economy and not except for the top 1 . Yes. All our viewers hopefully, new york city mayor bill de blasio slamming the media for dividing city. I dont see reports on many decent, good people. I dont see reports on everyday cops who do the exemplary thing and hold the line and show restraint and discipline no matter what invective is hurled at them. [inaudible] you know what . Im telling you over again [inaudible] that im telling you that is how you want to portray the world but we know different reality. Some people portray that. It is wrong. They shouldnt do. That it is wrong. It is nasty, it is negative. But they, my friend are not the majority. Stop portraying them as the majority. Damn media it is always our fault. Damn media ive been calling bill de blasio comrade bill de blasio sips even before he came in. I thought the train would come of at tracks a lot later into his mayorty of new york city because he is a leftwinger. He is a socialist in ways that barack obama never really is. Melissa right. It took less than a year. I will say this, what he is displaying is a disgusting, disgusting portrayal of those protest which anybody that watched those protests would sit there and, it wasnt just three peoples chanting lets kill cops. There were hundreds of people. This mayor needs to choose between two priorities. One making crowds of black supporters cheer and the other is making saving young black lives. We should stop undermining we should point out in the protests, there were really few africanamericans in the latest protests. Not very few. It was majority white people from the
Union Movement<\/a> that were organized to disrupt new york city. Melissa go ahead. He snead to be mayor of all of the people. It is not just, black constituents. Not just unions. Melissa not about not about slicing and dicing electorate. What you saw there was really embarrassing speckel. Melissa it was embarassing. Talk about his lack of leadership throughout but to whine, that it is presss fault for the fact he lost confidence and trust of his blitz department which was on shaky ground to begin with that is one of the most immature things i ever see come from any leader. I dont see how he goes forward. Melissa kill the messenger. This is it what were kind of missing this is the biggest city in the country. One of the biggest cities in the world. Center of finance for the world. It is incredibly dynamic place. When you have the mayor this insane losing it this bad, that is a bad story. It is
Public Safety<\/a> situation. Melissa definitely. He doesnt have control over his police force and they dont respect him. Melissa get this. White house officially hired a lobbiest of its own to lobby congress. Technically calling this position a senate liaison, i mean, come on. This is amazing. On his first day in office he said, you know, he said that he will not hire any lobbyists. Have to take a twoyear break before you can serve in my administration. Since then he granted wafers to people and hired them anyway. Gone to the point where he hired a lobby. Monica, are you putting resume in. Hire me. Call me, mr. President. Melissa no. He has huge hypocrisy problem as you point out here. Also what the hell does he need a lobbiest for to go to congress . This is what a president does. This is what leadership is all about. Go to members of other party, twist theirs arms. Go to members of your own party, persuade them. That is your job description. He is outsourcing the presidency should be most influential guy. Lobbiest for a lobby. Call him a czar. Great idea. Answers to why the anaconda just didnt want none. The man behind eaten alive, why he let discovery film. He was apparently merely nibbled in order to bring mass attention to conservation and anacondas. So he says he was grimsley amused to see the commercial made it look like i was eaten by an anaconda. I love this story. There are a lot of reasons. There are a lot of reasons. The guy didnt get evennen. Melissa he didnt get close to getting eaten. The name of the whole show was eaten alive to drive ratings. Eyeball click and eyeball bait. He got a little nibble. Melissa were delicious about this, excuse the pun, this guy is saying he did it because he loves animals and he wanted to bring awareness to illegal gold mining and deforested areas in the amazon. So he went out there and wanted to show people snakes and goes out there and peta attacks him afterward because the snakes were abused. He didnt even get eaten. How do you abuse an anaconda . Melissa almost choked on him. I think that is what peta said. You tortured the snake. Thought it would eat this delicious thing and took the person out of its mouth. Take the cheeseburger away from me to see it happens. They have a thing called twitter if you want to raise awareness. Dont have to put your head in a snakes mouth. Melissa i love the story. Charlie doesnt. Your show, dude. Melissa there you to. Well have christmas debut after all. Sony confirms it is releasing the controversial movie but only in select theaters. Dreaming after
White Christmas<\/a> . More like a wet and windy one. Where
Stormy Weather<\/a> may make holiday traveling a nightmare and delay last minute packages. More money coming up. She inspires you. No question about that. But your erectile dysfunction that could be a question of blood flow. Cialis tadalafil for daily use helps you be
Ready Anytime<\/a> the moments right. You can be more confident in your ability to be ready. And the same cialis is the only daily ed tablet approved to treat ed and symptoms of bph, like needing to go frequently or urgently. Tell your doctor about all your medical conditions and medicines, and ask if your heart is healthy enough for sex. Do not take cialis if you take nitrates for chest pain, as it may cause an unsafe drop in blood pressure. Do not drink alcohol in excess. Side effects may include headache, upset stomach, delayed backache or muscle ache. To avoid long term injury, get medical help right away for an erection lasting more than four hours. If you have any sudden decrease or loss in hearing or vision, or any allergic reactions like rash, hives, swelling of the lips, tongue or throat, or difficulty breathing or swallowing, stop taking cialis and get medical help right away. Ask your doctor about cialis for daily use and a free 30tablet trial. Melissa the sony saga takes another attorney today as the
Company Announces<\/a> it will release the interview in select theaters on
Christmas Day<\/a> after all. One cinema chain in texas, of course it is texas. Its ceo explained last hour on risk reward. It has become much more than this one movie. This movie is emblem of freedom of speech at this point. I encourage everybody to support it. It is bigger than just the view view. The view. White house issued a statement applauding sonys decision. We have a attorney from los angeles. And
Michael Tamaro<\/a> from in the fox light. And jack hough with us as well. Dominic, let me start with you. Do you think the theaters have to sign a release that they will not hold sony responsible if they show this movie . Well, obviously theyre assuming the risk here and this is a response by sony that appears to be their reaction to the public backlash and highprofile protests youve seen from stars and from the president himself. Melissa yeah. Michael, i think this could possibly be the most effective stunt of all time. Now they release the movie. There is all everybody said release it and well go see it in droves because we want to support the movie and well not let the terrorists win or hackers. Heres the thing. This movie was going to be a very small player on
Christmas Day<\/a>. There are a lot of big releases. American sniper, into the woods. This movie would have been forgotten moment it was released. I dont think it was a stunt. It was a poorly mishandled
Crisis Management<\/a> situation from the very beginning. Now it is about saving face. Melissa looking so silly and ridiculous like they fumbled could be a genius stunt of all time. What a great cover. They look like idiots. You would never believe theyre smart. Jack, what do you think. Are you running to the movie to see the movie. I heard the movie was two hours of crotch jokes. That is not a holiday tradition in my family to watch it. The money in the movie is rounding error for larger holding company. They have more potential shutting down
Electronics Businesses<\/a> that arent working right now. Melissa they said they would lose 200 million. It had most effective pr of all time. Dominic, seth rowing fan was out there rogan was tweeting. The people have spoken. Sony didnt give up. How many theaters do you think are going to do it . I think as many as can get their hands on it. You have unprecedented interest here. So ironically whoever did this north korea or someone else in attempt to stifle free speech encouraged interest in a movie that would not otherwise have been there. It is remarkable. As many theaters as possible i think you will see a lot of people request the movie. Melissa sony on the offensive trying to stop the hacks of information. Going after twitter and threatening it with a lawsuit if it doesnt suspend an account leaking documents. This is great one. At
Bikini Robot Army<\/a> is the guy behind all this this sound like a character from spongebob. Shows how poorly they handle the whole thing. Send out the letter to
News Networks<\/a> to stop reporting bit. Tried heavy hand, studio executives with the petition. From the beginning they should have brought in studio executives from other studios and news chiefs. Were all in this together. Were all americans. This is unprecedented situation. Today it is us, tomorrow it is you. We need your help but they didnt. That part problem. Thats why were here today. Melissa we know how twitter works, they block the account and opens up another one. What is the point of that . I dont think this will work. Isnt the internet tough to control once you leak those nude photos or something . Isnt it too late to reach back out. Melissa yeah although my they should know. Melissa go ahead, dominic. Youre just drawing more attention to it, right . Melissa yeah. Thats the dilemma. On one hand he wants to protect his clients stolen confidential information. On the other hand sending out stern letters and theyre being released it is making more people curious about whats being banned, what is being censored. Melissa definitely,
Bikini Robot Army<\/a>, there you go. Thanks, guys. Huge day for markets. S p and dow hitting new highs. Big board topping 18,000 for the first time ever. Lets go to
Nicole Petallides<\/a> on floor of the
New York Stock Exchange<\/a> with more on todays trade. Big day down there, nicole. No doubt. Dow 18,000. People are waiting for it. Does it really mean anything . No. But a great psychological round number. We crossed through. That right now the dow is up 95 points, holding on to some great gains. We have names on the dow, hitting lifetime highs today. Some folks own these, probably pretty happy to see it. Travelers, visa, 3m which since pulled into the red and hit a lifetime high. Proctor gamble, disney and home depot. Weve had stellar performers. Intel and
United Health<\/a> have been great performers on the
Dow Jones Industrial<\/a> average and better than expected gdp numbers showing growth in the economy. That helped things along. Back to you. Melissa nicole, thank you so much. A few stories on our radar. Keurig is recalling nearly seven million of its popular coffee machines because of burnrelated injuries. Its mini plus brewing system has been found to leak boiling water on customers thats not good. New home sales fallen for a second straight month falling 1. 6 in november. Follows yesterdays existing home sales data which hit a sixmonth low. An any made the movie frozen, named entertainer of year by associated press, the movie. Okay. It received 12 of 47 votes followed by taylor swift in second place. Jimmy fallon for third. Who would have been my vote by the way. Melissa crazy pet lovers took it one step further. The technology, even the dog whisperer would be jealous of. Hopefully by now youve gotten all of your shopping done but did you fall for retailers tricks . Sneakiest ways stores convince you to spend more money and how to outsmart them. Do you ever have too much money . Thanks. [ male announcer ] fedex\u00ae has solutions to able
Global Commerce<\/a> that can help your company grow steadily and quickly. Great job. mandarin cut it out. See you tomorrow. And i quit smoking with chantix. People who know me, they say i never thought you would quit. but chantix helped me do it. Along with support,
Chantix Varenicline<\/a> is proven to help people quit smoking. It gave me the power to overcome the urge to smoke. Some people had changes in behavior, thinking or mood, hostility, agitation, depressed mood and suicidal thoughts or actions while taking or after stopping chantix. Some people had seizures while taking chantix. If you have any of these, stop chantix and call your doctor right away. Tell your doctor about any history of
Mental Health<\/a> problems, which could get rse while taking chantix or story of seizures. Don take chantix if youve had a serious allergic or skin reaction to it. If you develop these, op chantix and see your doctor right away as some can be lifethreatening. Tell your doctor if you have a history of heart or blood vessel problems, or if you develop new or worse symptoms. Get medical help right away if you have symptoms of a heart attack or stroke. Decrease alcohol use while king chantix. Use caution when driving or operating machinery. Common side effects include nausea, trouble sleeping and unusual dreams. Im a nonsmoker, that feels amazing. Ask your doctor if chantix is right for you. Melissa the holidays are almost over but retailers have got their own tricks to get to you spend even more money long after theyre gone. They are banking on you, the consumer, to be totally hopeless at math dont do it we took to the streets with a simple question, to see what you think and to see if you fall into their trap. Take a listen. 33 more coffee or 33 discount. Which do you think is the better deal . Uh good question. I rather have more coffee. Im used to spending price. More coffee. More coffee. The best value for your money i definitely say get the discount. Could have fee is too expensive. Take the discount. Probably the discount. Why is that. Guessing. I dont know. I never
Pay Attention<\/a> to discounts. Free coffee. Would be the same thing, wouldnt it . Turn out to be same thing. In terms of an increase, might actually end up being the same. Too much the same. Cant do math without my coffee. Melissa math. Come on i mean, you got to know better. Marketing guru bruce turkel joins me now. You know the answer, right . Please help me. Ah. Of. Of course it is the discount but keep in mind, melissa, that is not math. Yes it is. It is arithmetic. It is reading, adding subtracting dividing multiplying, thats it. Melissa no it is not. What is the bigger number. Taking 33 off or adding 33 more . Oh. So they do this all the time. They do this all the time. They understand that people out there cant do math. Talk about some other ones before i rip all of my hair out here. Williamssonoma. Put this clever. 429 doll breadmaker, why anyone would spend 429 on a bread maker is beyond me. Next to nearly identical bread maker priced at 279. The cheaper one wasnt moving you but the second they put it next to the expense seven one, oh, what a bargain. They snapped it up even though, a loaf of bread is like, dollars. Go ahead. Yeah. Keep in mind that the function of the product, the fact that it makes bread is irrelevant. First of all, as to the second time you use it wash it, you never use it again. Melissa right. The idea of giving someone a present, williamssonoma, impressive. Most of them cost 400 bucks. One for 200. How can you pass that up . That is how they get you every time. Melissa beware of the stuff grouped together. Maybe theyre together to sort of trick you, to make you feel like youre getting a deal. This is another big one. Were also suckers for the number nine. Anything that is something 99, right . Why is this . Because if you hear something is 19. 99 or hear it is 20 bucks, even though a penny difference, it is not 20 bucks. Randy gauge, the guy does all the work on prosperity and prosperity mindsets, he says the last number 7 is even more valuable. End the price with seven. People cant even compute, 19. 97 or dont have totally idea. Melissa seven is completely per exmr. Ing to us. So well buy it right away. Exactly. Melissa were afraid of extremes. On a display, put things together, people dont buy the cheapest or the most expensive. Right . No of course. Think about it. You and i go out to inder. The waiter comes over, which wine you like. Personally i dont know anything about wine. I dont want to look like cheapskate. I wont pick cheapest one. I dont want him or her to think some you buy the second cheapest because is worst value on the list because they know that is what you go for. Melissa what are some tricks, bruce. How can we help people shop better other than sending them back to school to learn math . A arithmetic. Keep in mind, right now the retailers will do anything to sell you something but time is not on your side. Of course the day after christmas, time is on your side. Coupons, bring any coupon you want. I made one up. 30 off any store in america. Thanks to
Melissa Francis<\/a>. You know what . They will take it. Here you, you can have it. Melissa terrific. Up to the consumer. It is your deal. Right now, the buyer makes the rules. You go in there. You negotiate, you bargain, you can get a great deal. Melissa i will remember that. Bruce, merry christmas. Merry christmas, melissa, ive been loving responses on social media. John says, i dont drink coffee, sound like one of those in quote can paint a fence in two hours and pete can do it in three, it was one of those and most of you failed. Joe says simple math. 33 more. No. No. And the trade to says, send me box wine i will be your fulltime number cruncher. I like that one. It is in the mail. Find me on
Melissa Francis<\/a> fox. I love your responses. Perfect storm for russia. Falling oil prices and sanctions are backing putin into a corner. Some say it will be a more angry and dangerous than ever before. And move over, megamillions. These lucky folks won themselves a 3 billion jackpot. That is a lot of scratch cards. Mountains of cash coming up. Often enough, but thank you. Thank you mom for protecting my future. Thank you for being my hero and my dad. Military families are uniquely thankful for many things, the legacy of usaa
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Auto Insurance<\/a> quote and see why 92 of our members plan to stay for life. Santa claus arising two days early on wall street. Jonathan is on the floor of the news york stock exchange. Normally, historically over time, i do not think anyone should be surprised. Follow through what happens. Once the back, two steps forward. I think that will happen. Economic data will fit in. They will really buy into this rally, so to speak. There is a lot of skepticism. Okay. Jonathan, thank you so much. A piece of the
World Largest<\/a> christmas lottery. A whopping 3 billion jackpot. Being shared among thousands of ticket holders. Many of the winners were from a region of the highest unemployment rates in europe. The animal will be sold for 40,000. As many as 60 could be gone in the next few months. Landing in vatican city. The pontiff said that the vatican was suffering from spiritual on on alzheimers. Russian economic crisis putting
Vladimir Putin<\/a> on the road. Forcing a bailout of the sector. Suffering from the perfect storm. Steve moore. Chief economist. Also a fox news contributor. Steve, how far is this from russia . Expanding. Santa claus is not going to be going to moscow this year. That is the root cause of the meltdown. This was an economy that was not saving for a rainy day in russia. Holding up the entire russian economy. This is very important. It could be totally independent for our oil and natural gas. When that didnt happen to economies, bad things happen very fast. That is what you are seeing in russia. They made a huge economic bailout. How dangerous, though, is
Vladimir Putin<\/a> when backed into a corner . When you have a meltdown of your economy and people do not have food in the stores, it is incredible instability. I still think he is much weaker now than he was a teen months ago. The money was just pouring into moscow. I do not think he is nearly as dangerous as he was. Thanks, guys. Merry christmas. Google put the finishing touches on its self driving car. A window into your pets every move. The musthave
Stocking Stuffer<\/a> for the crazy cat lady and all of us. A run for your money and your cat treats. Up next. Heres a question for you when electricity is generated with natural gas instead of todays most used source, how much are co2 emissions reduced . Up to 30 . 45 . 60 . The answer is. Up to 60 less. And thats a big reason why the u. S. Is a world leader in reducing co2 emissions. Take the energy quiz round 2. Energy lives here. Melissa i am
Melissa Francis<\/a> with your fox business brief. A worker for
Delta Airlines<\/a> has been accused of smuggling guns onto a flight. An
American Apparel<\/a> founder claims he is broke. He is sleeping on the sofa. He is down to his last 100,000. He plans to sue his company as well as an investment firm. Cocacola is getting rid of voicemail at its headquarters. Increasing product to the date. Interesting. That is the latest from the
Fox Business Network<\/a>. Giving you the power to prosper. holiday music is playing hey i guess were going to need a new santa the music builds to a climax. more people are coming to audi than ever before. See why now is the best time. Audi will cover your first months payment on select models at the season of audi sales event. Visit audioffers. Com today. Melissa two hands on the wheel may no longer apply. The internet giant putting together the first fully functional prototype of a completely vehicle. The self driving part is straight from googles engineers. Safety drivers will be taking the car out for a few test drives over christmas. Jack is back with me now. 2015. Are you going to buy one . I am thinking about driving. You have to bring the strollers. A couple stops along the way. This business is not ready for prime time yet. We are making progress and it is coming. People make all the jokes they want. People are terrible drivers. So many deaths each year on the road. Insurance companies would love for you to do some thing like that. My google car would definitely have less road rage. Keeping you in
Constant Contact<\/a> with your pooch. A webcam that allows you to record your pet. Even tossed them a treat. We have the company founder. He joins me now. This is genius. It is very simple. I can look and then i can chuck a treat at my dog while at work. How do you feel about that . Lets hope you are right. Thanks for having me today. It is priced at 169,000. You have been raising money on indigo go. When you bring this to market, how much do you think that this will cost . We are shipping product as we speak. We anticipate that we will begin shipping
Additional Units<\/a> in the january time frame. I can see endless uses for this. I feel like it would work on my husband as well. It just makes all kinds of sense. How did you come up with this idea . Well, it is really quite simple. The subject of pets came up. We began showing each other pictures of our pet on the phone. It would be interesting if i could actually introduce you to my pet on my phone. That was the germ of what became pepsi connect. Melissa i want to know your next idea. We have to go. Thank you so much. We are heading into the last hour of trading. Lets check in with
Ashley Webster<\/a>. Hi, melissa. It is santalo rally. How long can we remain above 18,000 . Also the big story at sony. It is now releasing the interview. We will be talking about every angle of this story. We will be asking our market panel of three things that are there for 2015. Taking some interesting thoughts on that. It is just around the corner. We look forward to it. Thank you, ashley. We have you covered with some suggestions at the airport. They are sure to top those crummy gift shops. Getting behind the make a wish foundation. Spreading holiday cheer. Can you ever have too much money . Shes still the one for you. And cialis for daily use helps you be
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Car Insurance<\/a> in a whole new light. Liberty mutual insurance. Whether it is on wall street or main street, here is who is making money today. One person everyone is looking to, dad. He gave most of the startup capital. He now has the opportunity to cash seven shares. Very tempting. Making money. Red robin. It will only be available the first week of the new year. Everything you need to get you back on your feet. Also making money, the ferrari. Driven by don johnson in the hit show miami vice. It is listed on ebay. The
Holiday Season<\/a> giving us a chance to celebrate folks that need much needed cheer all year around. More than 14,000 wishes this year alone. The most in their history. It is so impressive. This has been your biggest year ever. About 8000 to make a wish come true. It was a fabulous wish. And lots of companies and individuals will also donate their services to be able to produce that kind of video. It is really incredible. We work for a great production company. It just went over the top for creating that video. It was a great experience. Melissa
Yosemite Park<\/a> ranger. Wanted to be a park ranger at yosemite. They did a fantastic job and not experience. Got to do a search and rescue. It was some bolick. Somewhere within the
United States<\/a> every 38 minutes. We celebrated 250,000. The flipside is, 20,000 kids that are dyed dosed every year. For every family that we are helping, there is another that we are not. That is why this is so important. Melissa the into production. What is the process to get to that point . There is still misconception that a child has a terminal diagnosis. More and more kids are actually surviving their illness. How does that help them . The emotional aspect of it. You will have six months of chemotherapy. If you do everything that we tell you to do, you will be strong enough. It is kind of a neat thing. Melissa happy holidays. Hollywood travel in danger of a washout. You may be staying put for a little while. Smart money on the way. They challenge us. They take us to worlds full of heroes and titans. For respawn, building the best teractive entertainment begins with the cloud. This is titanfall, the first multiplayer game built and run on microsoft azure. Empowering gamers around the world to interact in ways they never thought possible. This cloud turns data into excitement. This is the microsoft cloud. Melissa some nasty weather could be making a mess of your holiday plans. Stormy conditions among the midwest are causing travel delays some flights taking off an hour late in new york, philadelphia. Flights out of denver and salt lake city, also disrupted. Strong winds and soaking rains will intensify. When a record breaking 99
Million People<\/a> are expected to travel 50 miles or more. Yikes. Holiday shopping on the fly. We have you covered with the airport goodies that actually do make great gifts. They arent completely lame, i promise you. Jack is back with me now. I will be the judge of that. Melissa okay. You can be. I saw the list and said its not possible to buy something at the airport and not have it awful. Its barely possible. Number one we saw is the clear path. Its a thing you put on your luggage. Put it on your bag. Get to the front of the line. Seventynine dollars. Im sorry, grandma. I know you live in buffalo. You dont know how this works. Ill pass on that. Melissa give a book, chocolate, or wine. Book is a good idea. Whisky and a book, great. Melissa i have to say, i used to buy books at the airport when i wasnt reading electronic books, theyre full price. Express you can get a massage or manicure. Your
Christmas Gift<\/a> is a stranger will rub you. Ill ride the subway. Melissa really . Not for me. Maybe for someone melissa you dont get a lot of massages . No. Okay. Interesting to know. May have been too much information about jack. I dont know. Just enough. You never know. Melissa electronic devices. Theyre actually pretty great. They have one in jfk. Electronic store that has a ton of stuff. Pop in there, get something. We have some sort of braided charging cable. If your phone is blinged out, work on your charging cable. Melissa do you like this one . I think thats a winner. Melissa i think its decent. The last one, favorite bottle of booze. Holiday shots for everyone. More liquor is better than just liquor. Thats another win. Doing well. Melissa if you had to pick one, which one . I would have to go with the booze. Booze works just about everywhere. Melissa jack, i know so much more about you. Im not sure im better for it. Happy holidays, my friend. Thanks for coming on the show. Youre a great guy. Thats all we have for now. I hope youre making money today. Countdown starts right now. Melissa, thank you very much. A lot of socalled experts said wed never see it before the new year. Oh, yeah. . How long will the dow 18,000 stick around . Well ask the floor show and get their predictions. The all important predictions for 2015. Oh, yeah, sony hits back going after twitter, as well as thumbing its nose against north korea. The interview will go along as planned. Its the last hour of trading. Anything can happen. Lets start the countdown. And good afternoon, everybody. Im
Ashley Webster<\/a> in for liz claman. This is the story of the afternoon, if not the day or the week. The interview back on. Oh, yeah. We received word that a","publisher":{"@type":"Organization","name":"archive.org","logo":{"@type":"ImageObject","width":"800","height":"600","url":"\/\/ia601602.us.archive.org\/25\/items\/FBC_20141223_190000_MONEY_With_Melissa_Francis\/FBC_20141223_190000_MONEY_With_Melissa_Francis.thumbs\/FBC_20141223_190000_MONEY_With_Melissa_Francis_000001.jpg"}},"autauthor":{"@type":"Organization"},"author":{"sameAs":"archive.org","name":"archive.org"}}],"coverageEndTime":"20240621T12:35:10+00:00"}