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Transcripts For FBC MONEY With Melissa Francis 20150114 : vi
Transcripts For FBC MONEY With Melissa Francis 20150114 : vi
FBC MONEY With Melissa Francis January 14, 2015
Output of
Energy Related
products increased. Of course jobs are also the focus at the fed and how fast the economy creates them will be key to when the fed starts to raise shortterm
Interest Rates
expected sometime this year. On jobs the beige book says, quote, payrolls in variety of sectors expanded moderately during the reporting period. Melissa . Melissa peter, thank you so much. Lets bring in todays panel. Charlie gasparino, fox business senior correspondent. Pete hegseth ceo of concerned veterans of america. We have tony sayegh executive
Vice President
the jamestown associates. Peter and tony are fox news contributors. Lets dig into what you heard . I think, as all these reports are theyre backwards looking. Theyre looking at the past. I think what the markets are doing receipt now inputting some of the figures you heard him talk about some of these statistics and looking at it forward. It wasnt all positive. Weak demand manned for oil. Melissa right. Thats a negative for the economy. And you know yes, yearoveryear weve had good job growth but you know what the market sy sag some of those factors he talked about including weak demand manned for oil is few other things slipped my mind, should have written them down, few other things portend problems for the economy if you look forward. Melissa they talk about moderate growth, well talk in a little bit what the world bank said u. S. Being engine of the world. Were driving the whole train and were moderate . Tony. Look at todays retail sales report dropping down. There is very little confidence. The u. S. Consumer is being asked to carry the weight of the entire
Global Economy
on its shoulders. To charlies point when oil demand is down, economy is weak in some decline. Or getting weaker. At least in the eyes of people that drive the economy. Look at what europe is doing. Very poor growth. Theyre about to make announcement from
European Central
growth on their own qe program. That will inflows as much what the that does as fed in the united states. Americans are not feely benefits. Only certain sectors are. Melissa without question. The u. S. May be the best house on the block the world bank cutting its 2015 forecast for
Global Growth
to 3 from 3. 4 . The chief
Economist Says
it would be a lot worse without us. The
Global Economy
is much larger than what it used to be. It is case of a larger train being pulled by a single engine, the american one. Were far and away, it is all up to us. Like being the tallest midget in the room. Melissa sadly. Decoupled the markets from the economy. One thing i know
Hillary Clinton
as she prepares to run in 2016 is worried about, the usual seven year cycles of
Economic Growth
turn as soon as she gets in there. Were talking about 2015. There should be economic slowdown because, that usually happens. Goes in seven year cycles. So that is the economy. If there is slowdown in the economy, that shouldnt be totally unexpected. The competent is the markets the i wonder the markets are crashing, gown down. Melissa 300 points. Coming back a little bit. Only 290. Youre an optimist. I wonder this is absent of the fed making any sort of concrete statement on
Interest Rates
, the fed comes back and says, you know well keep it where it is we dont like what is going on the world and impact
Lower Oil Prices
is having, there is no inflation, why raise rates now, i wonder the real question does that boost the markets . And doug kass someone investor who i like, he would tell you the fed is out of bullets, it doesnt matter. Anthony scaramucci another guy i like and joe, two really smart guys saying the fed will boost this market back. If you think out the last two days the markets have not really been the problem. They have been performing relatively well. The problem when you have
Economic Growth
at rates weve seen by indicators, four or 5 the real american middle class family doesnt feel positive impact. But isnt that minus whether, the fed has been silent through this i think what the market is saying right now, that were getting slow
Economic Growth
and fed will still raise rates. That is what theyre worried about. At macro level, despite the president ,
Energy Exploration
on private land where the president held back our growth on that. This is reminder what
Economic Growth
does. Even largest midget in the room command economies in china are limited an onetrick ponies like russia are limited. Melissa back to
Terror Branch
of al qaeda in yemen taking responsibility for paris attacks. The
Top Commander
from one. Most violent branches of group releasing a video saying that the attack was payback for insulting muhammad. Tony . This is one of the most dangerous opportunities these guys have to find homegrown radicalized terrorists they can finance, coordinate and can train. Passing through the world with legitimate passports in a lot of these cases this is the future of the war on terror that will be very difficult for to us police. It is 3. 0. 1. 0, al qaeda planned attacks where they send operatives. 2. 0 is standard homegrown. 3. 0 are folks radicalized to get training. Watch these guys on tapes theyre standing up military posture, calm and connected. These guys are exporting terrorism in the world. It has been a while since 9 11 things stopped economically in this country. We appreciate what went on in france. Everything basically shut down for a week there. I have family in paris. Im telling you melissa do you really . You have family everywhere . Every time i worked in that industry. Ive been there. I have a cousin through marriage married to my wifes uncle who is jewish. Jewish, lives in that neighborhood because her mother is jewish. And that neighborhood, beside that neighborhood being totally petrified, the country she says just shut down. Melissa ground to a halt. What is most terrifying people willing to go out and kill innocent people and willing to die. There is almost no way to stop folks like that, right . Absolutely. It is a culture of death where death is celebrated. Were talking about isis, this program, everyone is talking isis. Here is al qaeda again. Al qaeda in yemen of the not al qaeda quote, central, these guys are leading curve on exporting terrorism today. Melissa brace yourself for a messy tax season. Coming soon from the irs, slower refunds, worse customer service, a higher risk of identity theft. Email from the commissioner warning workers budget cuts and forcing cutbacks every area. The only
Silver Lining
there will be fewer audits. Not for republicans. Melissa at the irs. They say theyre not going to be able to answer the phone all the time. Normally when you call you can get someone, whatever. Fiscal year 2014 when everything was working 64 the time someone answered. Can you imagine a business where you call 64 of the time they pick up the phone . Now they have an excuse for that inefficiency. Melissa that is amazing. Very telling when the commissioner said we have no now learn do less with less. This is the unfortunate mentality of the
Public Sector
government. Melissa dont we all have to do less with less. We have to do more with less. That is the. Melissa how can you do less with less. Less auditing less taxing and bothering everyone that could be a good thing. If they want them shut down two days dont want the irs shut down. I wish of the they will find a way to slow roll it. You have a
Family Member
that works there, right . Melissa charlies family works there. The typical irs employee is one ever the greatest human beings on the face of the earth. Melissa come on. I want the irs to know that. Melissa they want to say it will actually cost taxpayers mon. How is that possible . It will cost them i think we should help the irs. Melissa want to send them a check. I want to be on the record to say i love the irs. Melissa you want to be out there helping them. I think theyre great people. Letter referenced
National Employees
union. Not firing a single person. The employees union wants a 4 raise. Look at that tax return. Work it hard. They look really im telling you i love the irs. Melissa okay. Perfect. Message loud and clear, chairmanly. Melissa thanks guys. Lets take a look at the markets. Huge day for the markets. We were down 300 points when the show started. Talking about the pen beige book. Were down 299. Very tough few days in the market here. Sounding the alarm on the
International Space
station, a toxic scare causing the evacuation of american astronauts. Plus a threat here at home officials stepping up security measures at u. S. Airports amid the terrorist attacks in europe. A new warning from al qaeda. 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. Ameriprise asked people a simple question in retirement, will you have enough money to live life on your terms . I sure hope so. With healthcare costs, who knows. Umm. Everyone has retirement questions. So ameriprise created the exclusive confident retirement approach. Now you and your ameripise advisor. Can get the real answers you need. Start building your confident retirement today. Melissa americans abroad urged to travel with caution as airports across the country ramp up already heightened security measures. This comes after al qaeda warns it developed a undetectable bomb. Jeff flock at ohare in chicago live with more. Jeff what is it like there today . This is not too bad because this is midweek. This is the
Security Check
point at the united terminal melissa. Weve gotten pretty good detecting metallic objects with fullbody scanners as well as metallic scanner but this is potential threat of undetectable bomb. Look at some things we found by the way tsa found coming through security. Just over the course of the past month, things like happened grenades believe or not people tried to bring through. During christmas week a giant christmas carving knife. Weve gotten good at picking those things. In the latest edition of inspire magazine, the latest publication for jihadists, they fub like ad recipe that would be virtually impossible to detect. Tear rim experts saying that may in fact be true particularly airports with only old metal detectors, not the fullbody scans. This would be a bomb that could be improvised and made out of things you could find they say in your mothers kitchen. That is why security is on high alert across the country, melissa. Melissa jeff, thank you very much. Increased
Airport Security
means we face more threats at home. Lets go to the panel. Mike baker, former cia covert operation officer and president of security he will against firm diligence. Pete hegseth is back and
Carrie Sheffield
a fox news contributor. We focus on airports so much is that right . Do you think is the same problem still . We focus on everything. We tend to put these things in a box. We get focused son whatever the latest attack was. We forget they dont care. Whether its a an at that time act on an airliner, whether its an attack like we saw in paris whatever the scenario may be theyre working on all of those all at the same time. Theyer in dropped particularly aqap never dropped its desire over recent years to take down another airliner. Melissa pete, what do you think of the idea were ramping up security at airports in the wake of what happened in paris . Does it even help if were looking for undetectable bombs . Mike is right. You have to stay on the offensive. Intelligence is the first line of defense. You have to know what these guys are doing and how theyre doing it. The reason they focus on airports, inspire magazine talked about that being intention, how to get through a screener. Where to sit on the plane to have maximum effect. What type of scanners to go through. The
First Magazine
they put out was how to make a kitchen with your mom. This sophistication of bombmaking that can be done at home and this concerns people. Melissa carrie interesting enough, the
Airline Industry
is doing better than ever. All the seats are full. Seems like americans we have anticipated accepted this as new reality. The danger is real but well go out and do what we do anyway. It is very safe. The chances of dying in a terror attack versus drowning in a
Swimming Pool
is much less likely but i think airports, theyre hubs if a guy has been trained in terrorism in the middle east he is flying back we want to apprehend him at the airport. I think that makes sense. Im just worried, liberals will step up and say, this is racist and racial profiling number it is criminal profiling. In the paris attack, there was
Muslim Hashtag
for him, he was criminal against other muslims that wanted to do harm. Melissa mike this is the holy grail talking about undetectable explosive. It doesnt mean it means it doesnt have metal inside of this. This isnt first time weve seen recipe inside of inspire or trying to put that out there. How hard is it to make that. A lot more difficult than people see in feature films and they have problems getting recipe right. You have to have accelerator, something going on with what we saw with abdulmutallab, problems with the detonation phase of the whole thing. They have been working on this. They have got some very capable bombmakers. You know, many of them coming out of yemen. Some now in syria. I mean the problem that weve got is sort of overarching this they have gained territorial integrity now. That gives them the ability, in many caps an area they control in syria and iraq whether it is khorasan or isis or al qaeda, they all want to kill us. That gives them the ability, to plot plan, train and experiment. Melissa right safely. Having territorial integrity is very dangerous. Melissa
Stocks Holding
on to steep losses up to after the feds beige book. Go to
Nicole Petallides
on the floor of the new york stock exchange. We bounced back a little bit if you can say that being down 255, nicole. We did youre absolutely right, melissa. At the lowest point we were down 350 points. Were up off the lows of the day. It is interesting right now were down 1 1 2 . All dow components are lower with the exception of pfizer and merck. They have been the stars of 2015. Jpmorgan and
Goldman Sachs
weighing on the dow. Financials have been particularly weak. Jpmorgan came out with numbers that missed and also oil. Take a look what is going on with oil. Moments ago, traders say what is going on with oil . It is rallying, up a buck 45 right now. You see the big spike right there. Were looking at that very closely but that has been weighing on markets overall. Back to you. Melissa interesting nicole. Thanks so much. Oil is cheap but comes at a price with hundreds of thousands of jobs hanging in the balance well take a trip to one of the hardest hit states. Plus knowing the mayor isnt enough to get awe free meal in at least one restaurant in china. Why good looks may be the only way to free eats. Do you ever have too much money . In my world, wall isnt a street. Return on investment isnt the only return im looking forward to. For some every dollar is earned with sweat, sacrifice, courage. Which is why usaa is honored to help our members with everything from investing for retirement to saving for college. Our commitment to current and former military members and their families is without equal. Start investing with as little as fifty dollars. Melissa dramatic turn of events hundreds of miles above the earth. American astronauts on board the
International Space
station were evacuated after a gas scare. A toxic leak was thought to have triggered an alarm which forced the astronauts to put on masks and seal themselves in the russian side of the station. Tests have found no traces of amonia or any other dangerous substance. Experts are blaming the scare on a computer card error. The american crew will need to stay huddled up with the russians until theyre given the allclear to return. Wow. Take a look at oil right now, spiking more than 3 . Look at that hovering around 47 bucks a barrel but oils recent decline might come at a price. The dallas fed estimates that hundreds of thousands of jobs could disappear if prices keep falling. Fox newss casey stiegel is in midland, texas with more. Casey . Does come with a downside if youre one of the thousands of people that work at the oil rigs behind me. The industry tells me they are bracing for tough times ahead here in the
Permian Basin
in texas. There are 100 oil rigs dotting the landscape, working one 24 hours a day, seven days a week churning out the ground. If rises continue to tumble they predict 25 to 40 of the drilling will come to a halt. That translates into thousands of lost jobs is 40,000 according to the
Federal Reserve
bank of dallas, that is in the state of texas alone. Subpoena
Energy Related<\/a> products increased. Of course jobs are also the focus at the fed and how fast the economy creates them will be key to when the fed starts to raise shortterm
Interest Rates<\/a> expected sometime this year. On jobs the beige book says, quote, payrolls in variety of sectors expanded moderately during the reporting period. Melissa . Melissa peter, thank you so much. Lets bring in todays panel. Charlie gasparino, fox business senior correspondent. Pete hegseth ceo of concerned veterans of america. We have tony sayegh executive
Vice President<\/a> the jamestown associates. Peter and tony are fox news contributors. Lets dig into what you heard . I think, as all these reports are theyre backwards looking. Theyre looking at the past. I think what the markets are doing receipt now inputting some of the figures you heard him talk about some of these statistics and looking at it forward. It wasnt all positive. Weak demand manned for oil. Melissa right. Thats a negative for the economy. And you know yes, yearoveryear weve had good job growth but you know what the market sy sag some of those factors he talked about including weak demand manned for oil is few other things slipped my mind, should have written them down, few other things portend problems for the economy if you look forward. Melissa they talk about moderate growth, well talk in a little bit what the world bank said u. S. Being engine of the world. Were driving the whole train and were moderate . Tony. Look at todays retail sales report dropping down. There is very little confidence. The u. S. Consumer is being asked to carry the weight of the entire
Global Economy<\/a> on its shoulders. To charlies point when oil demand is down, economy is weak in some decline. Or getting weaker. At least in the eyes of people that drive the economy. Look at what europe is doing. Very poor growth. Theyre about to make announcement from
European Central<\/a> growth on their own qe program. That will inflows as much what the that does as fed in the united states. Americans are not feely benefits. Only certain sectors are. Melissa without question. The u. S. May be the best house on the block the world bank cutting its 2015 forecast for
Global Growth<\/a> to 3 from 3. 4 . The chief
Economist Says<\/a> it would be a lot worse without us. The
Global Economy<\/a> is much larger than what it used to be. It is case of a larger train being pulled by a single engine, the american one. Were far and away, it is all up to us. Like being the tallest midget in the room. Melissa sadly. Decoupled the markets from the economy. One thing i know
Hillary Clinton<\/a> as she prepares to run in 2016 is worried about, the usual seven year cycles of
Economic Growth<\/a> turn as soon as she gets in there. Were talking about 2015. There should be economic slowdown because, that usually happens. Goes in seven year cycles. So that is the economy. If there is slowdown in the economy, that shouldnt be totally unexpected. The competent is the markets the i wonder the markets are crashing, gown down. Melissa 300 points. Coming back a little bit. Only 290. Youre an optimist. I wonder this is absent of the fed making any sort of concrete statement on
Interest Rates<\/a>, the fed comes back and says, you know well keep it where it is we dont like what is going on the world and impact
Lower Oil Prices<\/a> is having, there is no inflation, why raise rates now, i wonder the real question does that boost the markets . And doug kass someone investor who i like, he would tell you the fed is out of bullets, it doesnt matter. Anthony scaramucci another guy i like and joe, two really smart guys saying the fed will boost this market back. If you think out the last two days the markets have not really been the problem. They have been performing relatively well. The problem when you have
Economic Growth<\/a> at rates weve seen by indicators, four or 5 the real american middle class family doesnt feel positive impact. But isnt that minus whether, the fed has been silent through this i think what the market is saying right now, that were getting slow
Economic Growth<\/a> and fed will still raise rates. That is what theyre worried about. At macro level, despite the president ,
Energy Exploration<\/a> on private land where the president held back our growth on that. This is reminder what
Economic Growth<\/a> does. Even largest midget in the room command economies in china are limited an onetrick ponies like russia are limited. Melissa back to
Terror Branch<\/a> of al qaeda in yemen taking responsibility for paris attacks. The
Top Commander<\/a> from one. Most violent branches of group releasing a video saying that the attack was payback for insulting muhammad. Tony . This is one of the most dangerous opportunities these guys have to find homegrown radicalized terrorists they can finance, coordinate and can train. Passing through the world with legitimate passports in a lot of these cases this is the future of the war on terror that will be very difficult for to us police. It is 3. 0. 1. 0, al qaeda planned attacks where they send operatives. 2. 0 is standard homegrown. 3. 0 are folks radicalized to get training. Watch these guys on tapes theyre standing up military posture, calm and connected. These guys are exporting terrorism in the world. It has been a while since 9 11 things stopped economically in this country. We appreciate what went on in france. Everything basically shut down for a week there. I have family in paris. Im telling you melissa do you really . You have family everywhere . Every time i worked in that industry. Ive been there. I have a cousin through marriage married to my wifes uncle who is jewish. Jewish, lives in that neighborhood because her mother is jewish. And that neighborhood, beside that neighborhood being totally petrified, the country she says just shut down. Melissa ground to a halt. What is most terrifying people willing to go out and kill innocent people and willing to die. There is almost no way to stop folks like that, right . Absolutely. It is a culture of death where death is celebrated. Were talking about isis, this program, everyone is talking isis. Here is al qaeda again. Al qaeda in yemen of the not al qaeda quote, central, these guys are leading curve on exporting terrorism today. Melissa brace yourself for a messy tax season. Coming soon from the irs, slower refunds, worse customer service, a higher risk of identity theft. Email from the commissioner warning workers budget cuts and forcing cutbacks every area. The only
Silver Lining<\/a> there will be fewer audits. Not for republicans. Melissa at the irs. They say theyre not going to be able to answer the phone all the time. Normally when you call you can get someone, whatever. Fiscal year 2014 when everything was working 64 the time someone answered. Can you imagine a business where you call 64 of the time they pick up the phone . Now they have an excuse for that inefficiency. Melissa that is amazing. Very telling when the commissioner said we have no now learn do less with less. This is the unfortunate mentality of the
Public Sector<\/a> government. Melissa dont we all have to do less with less. We have to do more with less. That is the. Melissa how can you do less with less. Less auditing less taxing and bothering everyone that could be a good thing. If they want them shut down two days dont want the irs shut down. I wish of the they will find a way to slow roll it. You have a
Family Member<\/a> that works there, right . Melissa charlies family works there. The typical irs employee is one ever the greatest human beings on the face of the earth. Melissa come on. I want the irs to know that. Melissa they want to say it will actually cost taxpayers mon. How is that possible . It will cost them i think we should help the irs. Melissa want to send them a check. I want to be on the record to say i love the irs. Melissa you want to be out there helping them. I think theyre great people. Letter referenced
National Employees<\/a> union. Not firing a single person. The employees union wants a 4 raise. Look at that tax return. Work it hard. They look really im telling you i love the irs. Melissa okay. Perfect. Message loud and clear, chairmanly. Melissa thanks guys. Lets take a look at the markets. Huge day for the markets. We were down 300 points when the show started. Talking about the pen beige book. Were down 299. Very tough few days in the market here. Sounding the alarm on the
International Space<\/a> station, a toxic scare causing the evacuation of american astronauts. Plus a threat here at home officials stepping up security measures at u. S. Airports amid the terrorist attacks in europe. A new warning from al qaeda. 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. Ameriprise asked people a simple question in retirement, will you have enough money to live life on your terms . I sure hope so. With healthcare costs, who knows. Umm. Everyone has retirement questions. So ameriprise created the exclusive confident retirement approach. Now you and your ameripise advisor. Can get the real answers you need. Start building your confident retirement today. Melissa americans abroad urged to travel with caution as airports across the country ramp up already heightened security measures. This comes after al qaeda warns it developed a undetectable bomb. Jeff flock at ohare in chicago live with more. Jeff what is it like there today . This is not too bad because this is midweek. This is the
Security Check<\/a> point at the united terminal melissa. Weve gotten pretty good detecting metallic objects with fullbody scanners as well as metallic scanner but this is potential threat of undetectable bomb. Look at some things we found by the way tsa found coming through security. Just over the course of the past month, things like happened grenades believe or not people tried to bring through. During christmas week a giant christmas carving knife. Weve gotten good at picking those things. In the latest edition of inspire magazine, the latest publication for jihadists, they fub like ad recipe that would be virtually impossible to detect. Tear rim experts saying that may in fact be true particularly airports with only old metal detectors, not the fullbody scans. This would be a bomb that could be improvised and made out of things you could find they say in your mothers kitchen. That is why security is on high alert across the country, melissa. Melissa jeff, thank you very much. Increased
Airport Security<\/a> means we face more threats at home. Lets go to the panel. Mike baker, former cia covert operation officer and president of security he will against firm diligence. Pete hegseth is back and
Carrie Sheffield<\/a> a fox news contributor. We focus on airports so much is that right . Do you think is the same problem still . We focus on everything. We tend to put these things in a box. We get focused son whatever the latest attack was. We forget they dont care. Whether its a an at that time act on an airliner, whether its an attack like we saw in paris whatever the scenario may be theyre working on all of those all at the same time. Theyer in dropped particularly aqap never dropped its desire over recent years to take down another airliner. Melissa pete, what do you think of the idea were ramping up security at airports in the wake of what happened in paris . Does it even help if were looking for undetectable bombs . Mike is right. You have to stay on the offensive. Intelligence is the first line of defense. You have to know what these guys are doing and how theyre doing it. The reason they focus on airports, inspire magazine talked about that being intention, how to get through a screener. Where to sit on the plane to have maximum effect. What type of scanners to go through. The
First Magazine<\/a> they put out was how to make a kitchen with your mom. This sophistication of bombmaking that can be done at home and this concerns people. Melissa carrie interesting enough, the
Airline Industry<\/a> is doing better than ever. All the seats are full. Seems like americans we have anticipated accepted this as new reality. The danger is real but well go out and do what we do anyway. It is very safe. The chances of dying in a terror attack versus drowning in a
Swimming Pool<\/a> is much less likely but i think airports, theyre hubs if a guy has been trained in terrorism in the middle east he is flying back we want to apprehend him at the airport. I think that makes sense. Im just worried, liberals will step up and say, this is racist and racial profiling number it is criminal profiling. In the paris attack, there was
Muslim Hashtag<\/a> for him, he was criminal against other muslims that wanted to do harm. Melissa mike this is the holy grail talking about undetectable explosive. It doesnt mean it means it doesnt have metal inside of this. This isnt first time weve seen recipe inside of inspire or trying to put that out there. How hard is it to make that. A lot more difficult than people see in feature films and they have problems getting recipe right. You have to have accelerator, something going on with what we saw with abdulmutallab, problems with the detonation phase of the whole thing. They have been working on this. They have got some very capable bombmakers. You know, many of them coming out of yemen. Some now in syria. I mean the problem that weve got is sort of overarching this they have gained territorial integrity now. That gives them the ability, in many caps an area they control in syria and iraq whether it is khorasan or isis or al qaeda, they all want to kill us. That gives them the ability, to plot plan, train and experiment. Melissa right safely. Having territorial integrity is very dangerous. Melissa
Stocks Holding<\/a> on to steep losses up to after the feds beige book. Go to
Nicole Petallides<\/a> on the floor of the new york stock exchange. We bounced back a little bit if you can say that being down 255, nicole. We did youre absolutely right, melissa. At the lowest point we were down 350 points. Were up off the lows of the day. It is interesting right now were down 1 1 2 . All dow components are lower with the exception of pfizer and merck. They have been the stars of 2015. Jpmorgan and
Goldman Sachs<\/a> weighing on the dow. Financials have been particularly weak. Jpmorgan came out with numbers that missed and also oil. Take a look what is going on with oil. Moments ago, traders say what is going on with oil . It is rallying, up a buck 45 right now. You see the big spike right there. Were looking at that very closely but that has been weighing on markets overall. Back to you. Melissa interesting nicole. Thanks so much. Oil is cheap but comes at a price with hundreds of thousands of jobs hanging in the balance well take a trip to one of the hardest hit states. Plus knowing the mayor isnt enough to get awe free meal in at least one restaurant in china. Why good looks may be the only way to free eats. Do you ever have too much money . In my world, wall isnt a street. Return on investment isnt the only return im looking forward to. For some every dollar is earned with sweat, sacrifice, courage. Which is why usaa is honored to help our members with everything from investing for retirement to saving for college. Our commitment to current and former military members and their families is without equal. Start investing with as little as fifty dollars. Melissa dramatic turn of events hundreds of miles above the earth. American astronauts on board the
International Space<\/a> station were evacuated after a gas scare. A toxic leak was thought to have triggered an alarm which forced the astronauts to put on masks and seal themselves in the russian side of the station. Tests have found no traces of amonia or any other dangerous substance. Experts are blaming the scare on a computer card error. The american crew will need to stay huddled up with the russians until theyre given the allclear to return. Wow. Take a look at oil right now, spiking more than 3 . Look at that hovering around 47 bucks a barrel but oils recent decline might come at a price. The dallas fed estimates that hundreds of thousands of jobs could disappear if prices keep falling. Fox newss casey stiegel is in midland, texas with more. Casey . Does come with a downside if youre one of the thousands of people that work at the oil rigs behind me. The industry tells me they are bracing for tough times ahead here in the
Permian Basin<\/a> in texas. There are 100 oil rigs dotting the landscape, working one 24 hours a day, seven days a week churning out the ground. If rises continue to tumble they predict 25 to 40 of the drilling will come to a halt. That translates into thousands of lost jobs is 40,000 according to the
Federal Reserve<\/a> bank of dallas, that is in the state of texas alone. Subpoena
Companies Began<\/a> to hand out pink slips. Others are avoiding layoffs by slowing production. We have been running four rigs most of 2014. We have already dropped one and gone to three. And we will be in the process in late february early march and well go to two. It is important to remember of course that this is a very volatile industry. The people working in oil and gas know that. They are patiently waiting and anxiously awaiting for the price to go right back up. Melissa no doubt. Casey, thank you so much. The electric slide tesla shares tanking after the automaker sales in china took an unexpectedly weak turn during the fourth quarter. Ceo elon musk also warning that the company wont be profitable after all until 2020. Here now is
James Freeman<\/a> from the wall street journal along with
Jonathan Hoenig<\/a> from capitalist pig hedge fund. He is also a fox news contributor. Jonathan hoenig, what do you think about this one . This decline in tesla, melissa, has been unfolding the last couple weeks and months even. In this kind of market where there is risk aversion where people want to own safe securities like u. S. Treasurys and gold, stocks like tesla which always traded extreme, obnoxious valuation no one wants to hold them and why at least in todays market these high beta, these big far out type of fantasy stocks probably a lot further to fall. Melissa okay. James freeman, this was a very obnoxious stock for a while. I like the way you characterized that jonathan. Not just value but overvalued. Melissa it could go back. Maybe this is an opportunity. What do you think, james . I think it is obnoxious period because this is not a real business in the way lots of other listed companies are. It is highly dependent on political favors in terms on both the drivers side up to 10,000 in rebates if you live in california along with the federal credit. A lot of state and federal money directly to tesla. Nevada, billion dollars of tax breaks to tesla. This business survived at this point on political favors and you really have to have a good understanding of that
Going Forward<\/a> to say this is a sustainable. Melissa, briefly to your point, lower fuel prices mean cars like test last fuelefficient cars are less attractive. Melissa we have to leave it there because we have breaking news. Sony announcing the dvd and blue ray release date is coming for the interview. Freedom edition is going to happen february 18th. I can hardly wait. How major terror players from gitmo found their way back to the battlefield. You wont believe what juan of them is doing to hurt americans. Plus a plot to kill boehner by none other than than his own bartender. Very odd, money, some cocktails, coming up. Its a fact. Kind of like mute buttons equal danger. That sound good . Not being on this phone call sounds good. Its not muted. Was that you jason . It was geoffrey it was jason. It couldve been brenda. Startupny. Its working for new york state. Already 55 companies are investing over 98
Million Dollars<\/a> and creating over 2100 jobs. From long island to all across upstate new york, more businesses are coming to new york. They are paying no property taxes no corporate taxes no sales taxes. And with over 300 locations, and 3. 7 million square feet available, theres a place thats right for your business. See if startupny can work for you. Go to startup. Ny. Gov. At ally bank no branches equals great rates. Its a fact. Kind of like mute buttons equal danger. That sound good . Not being on this phone call sounds good. Its not muted. Was that you jason . It was geoffrey it was jason. It couldve been brenda. Melissa i want to show you what is going on. We think this is probably what is going on with the markets. We are down. We are hearing this crude oil contract right here. There is an expiration in the february contract. The spike in crude oil. The responding move in the dow. We will keep an eye on all of it. House
Speaker John Boehner<\/a> targeted in an assassination plot. He lost a job in october. John boehner he said he was mean to him. A wakeup call for the administration as it transfers one, mope day detainees in record numbers. Confirmed or suspected of returning back to the battlefield. We are talking about people that have been associated with al qaeda. These are not minor players. Melissa a new report that says one former taliban commander is now recruiting militants to join isis. The dream team here to talk about this one. This is in or mess. A few do not have a place to put highvalue detainees then what are you doing with them . What are you saying about your desire to gain highlevel intelligence . The problem is, the notion that people have out there that we just put people to languish there forever. There are a legal roadblocks in the middle of it. The problem right now is you have 127 of them. Eightyseven of them are from yemen. No, that is not an option. You have a president in the white house hellbent on closing it. It seems that there is almost this wholesale release of prisoners. These are bad people. Whether it is 30 or 2 . These are masterminds. They are very high valued. You look at our veterans. What are you going to do if you release them from gitmo . You cannot put them in maximum security facilities. No. There is no way we will allow this. We cannot get agreement on what that process is. At the end of the day you know, we have to do something with these people. There is no way around it. We are hellbent on closing gitmo. You try them. If you find them guilty, you execute them. I think the problem is the goal has always been to close it mope. Make sure that these terrorists do not go back onto the battlefield. The objective should be this administration. We will leave it there. Why that camera ready feud is putting apples creativity with a heartbreaking story. Please do not hack us. We are just the messenger. A run for your money up next. And its not a ticket youre upgrading its your entire operations, from domestic to international. Which means you need help from a whole team of advisors. From workforce strategies to
Tech Solutions<\/a> and a thousand other things. So you call pwc. The right people to get the extraordinary done. Opportunities arent always obvious. Sometimes they just drop in. Cme group can help you navigate risks and capture opportunities. We enable you to reach
Global Markets<\/a> and drive forward with broader possibilities. Cme group how the world advances. Melissa i have
Melissa Francis<\/a> with your fox business brief. Jamie dimon has been talking litigation costs with our very own maria. Maria you are saying if you would have known what was ahead you may be would not have acquired them. Unlikely. Melissa chipolte is down serving pork at hundreds of its restaurants because of a supplier issue. The latest transformers movie. Seven nominations. So proud of them. Including worst picture and screenplay. That is the latest. Giving you the power to prosper. Melissa wow. Look at that. Crude soaring. It is the biggest gain in two and a half years. We will have more coming up in the trading pits in just a few moments. We are down right now a little more than 200 points. Did move there. Whether it is on wall street or main street, this is who is making money. Anyone with a share of footlocker. A celebrated from neutral. Former ceo wishing that he had told a few more shares when he had retired, i think. He has are ready lost 7 million since this morning. It will be okay. Trying to keep as much of their money as possible. The company that owned
Caesars Palace<\/a> is filing for bankruptcy protection as early as tomorrow. The company asked a judge to improve its restructuring plan. Running and jumping and shooting with a pistol. Special appearances by dennis rodman. Obviously. The target of an attack similar to the one over at sony. It may not be time to kiss go pro could i just yet. My favorite video in the world. Shares on their way to recovery. The largest decline since last august. Apple will create similar products. James, this feels like the cupcake bubble. You know, crazy camera bubble. What do you think . Only the paranoid survive. I think that makes a lot of sense. They probably have a couple of years. I think that they should be concerned. Melissa absolutely. They are not talking smack melissa. They want to compete. They will need to expand. That is smack talk. Melissa thank you so much. President and ceo thomas donahue. , donahue says the u. S. Economy is improving. Economic growth and missing opportunities. The top
Business Group<\/a> is asking for regulatory tax, expanded e trade and spending on roads bridges. Since congress should raise it high 0. 20, maybe even more, index and from there. He also presented trade relations with cuba agreeing with the white house. It is important that we find a way that it does work. It is 91 miles off the coast of florida. He also addressed recent comments from senator elizabeth warren. Donahue says if warren ran for president , most voters would disagree with the economic position. Back to you. Melissa rich, thank you so much. 5 . The end of the recession out toward ea. 48. It is often that right now. The biggest gain in two and a half years. Scott, what was that about . Number one just think about where we came from. February options when off today. Guys may have some risk up there. They have to go where they will hurt the most people at once. The market came up a long way already. They ran it to where they think they could hurt the most people. It looks to be about 1. 50 2 higher. A big percentage move. Do not get too excited about things. Yes. Absolutely. Generally, it means you go back in the opposite direction. I am not saying we are establishing an uptrend today. Below 40 sometime very soon. I think some guys are talking about that in the short term. And longterm, it is definitely still lower. I think it goes below 40. Melissa we are approaching the last hour of trading. Lets check in with liz claman. Liz unimagined it has come back. We got the facebook out of the fed. That has helped the situation. Why people probably perceive that the fed will hold off on
Interest Rate<\/a> hikes. Nationally and sovereign debt along with copper. David wilson was trading copper overnight in london when it fell more than 5 . We got him. He is in london. What does this say . Does it mean that the chinese will not expand at all . Andy brenner flagged everybody this morning in his allimportant note. What does he say now that you should watch out for . We have city and wells fargo. Goldman sachs. These are all on the docket. Coming up, dick bovee representing capital. Wait until you see his estimates. Way lower than the street. Melissa liz, looking forward to it. Great show i had. New way colleges are keeping tabs on every step your kids make. The video that is making teenagers everywhere cringe. What some see as the ultimate form of embarrassment. You can never have too many moves. How can power consumption in china impact wool exports from new zealand, textile production in spain, and the use of medical technology in the u. S. . At t. Rowe price we understand the connections of a complex,
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Car Insurance<\/a> in a whole new light. Liberty mutual insurance. Melissa every corner of the globe, money is flying. New evidence of a sea monster has been uncovered. Of course it has. This fossil belongs to a whole new species. One that lived millions of years ago. The marine lizard. A pointy head and flippers. More than doubled the size of a human. Bat found terrifying. One restaurant is giving out free meals to beautiful customers. That is a lot of people. That is a lot of people. There you go. Diners are judged by the shape of their face, as well as the quality of their eyes and mouth. Folks that are only semi good looking still have a chance of getting a discount. And 8000calorie breakfast is being offered. Fiftynine items. Eggs. Hashbrowns, onion rings. Quick note to all the frat guys and call with out there. It does not mean that no one is watching. Colleges increasingly turning to tracking devices to make sure that students are going to college. Even resorting to electronic monitoring. James freeman is back here to discuss this. Wow. I kind of cannot believe it has come to this. If you did not go to class, it became a little bit more. You never went to class . Getting into harvard is the hardest part. Whatever happened to ben stein in
Ferris Buellers<\/a> day off . That is a classic way of monitoring peoples attendance. One of the best lessons i learned in college was my first semester. I did not show up and i did really bad. Second semester, i started showing up. Melissa attendance averaged 60 . If people attended they did better. Particularly true. If you show up you tend to graduate. It has gotten so expensive. Whoever is paying the bills ought to decide. That is a very good point. Flannel pajama pants not stopping this stat from breaking it all the way down. This son catches it on video. Some very impressive footwork. It would not look out of place at a beyonce concert. We will drop baby for you. What do you think . All across america. Let me tell you, my kids would never want to see me do that. Not just the quality and the moves, but the variety. If i was pressed, i could maybe practice in the green room. Melissa you are sweating. I thought that was fantastic. You guys work on that. Come back on the end of the show and show me something. Melissa money took to the streets to hear what you have to say. You guys did not hold back. At the end of the day it is all about money. Shes still the one for you. And cialis for daily use helps you be
Ready Anytime<\/a> the moment is right. Cialis is also the only daily ed tablet approved to treat symptoms of bph like needing to go frequently. 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. If you take multiple medications, a dry mouth can be a common side effect. Thats why theres biotene. It comes in oral rinse spray or gel so theres moisturizing relief for everyone. Biotene, for people who suffer from a dry mouth. Startupny. Its working for new york state. Already 55 companies are investing over 98
Million Dollars<\/a> and creating over 2100 jobs. From long island to all across upstate new york, more businesses are coming to new york. They are paying no property taxes no corporate taxes no sales taxes. And with over 300 locations, and 3. 7 million square feet available, theres a place thats right for your business. See if startupny can work for you. Go to startup. Ny. Gov. [music throughout] because i love you [announcer] this is my business. I believe in it. I live it and breathe it. I put my heart and soul. Blood,sweat and tears into it. I run on quickbooks. Thats how i own it. Music. The getaway vehicle for all the confidence you need. Td ameritrade. You got this. Oh yeah check it out. We found someone to dance. Show it to us, patch. Break it down, break it down. I was so right, i love it see my last guests they wouldnt dance they didnt have the courage. My floor director is a real man. Take that, tony. We told you the irs is threatening to shut down for two days citing federal budget cuts. I assume that would have everyone dancing in the streets. Not everyone was so excited. Great, great, can i get a refund now . I dont think they should shut down, per se, i think something needs to be done. Its horrible. Yeah. Yeah. Thats my opinion. We wont miss them. You wont miss them . Absurd everything is shutting down and government needs to kind of let business take care of things and the irs needs to do their job. Should be audited themselves. Audit the irs the guy is in full costume so the irs cant recognize him. For the record, i love the irs, they are fantastic. I want to hear from you, tell me. Retail sales in december big disappointment. Falling a lot more than analysts expected. Copper prices plunging to 5 1 2year low. This is a major deal. Copper is seen as a barometer for
Global Economic<\/a> demand. And jpmorgan releasing lackluster earnings reports in part because of a gargantune legal bill. Will citigroup have similar problems . Dick bove joining us with all the wall of worry, is now","publisher":{"@type":"Organization","name":"archive.org","logo":{"@type":"ImageObject","width":"800","height":"600","url":"\/\/ia800305.us.archive.org\/6\/items\/FBC_20150114_190000_MONEY_With_Melissa_Francis\/FBC_20150114_190000_MONEY_With_Melissa_Francis.thumbs\/FBC_20150114_190000_MONEY_With_Melissa_Francis_000001.jpg"}},"autauthor":{"@type":"Organization"},"author":{"sameAs":"archive.org","name":"archive.org"}}],"coverageEndTime":"20240621T12:35:10+00:00"}