Claims, on income, jobs, on Health Care Costs. The middle class is losing ground and the pace of decline is speeding up. We have a full report. And on obamacare, the list of local governments switching to parttime workers is growing. And there are 38 days till those chaotic insurance exchanges. What on earth is going on at the nasdaq Stock Exchange. Was the threehour freeze just another computer glitch . Steve ballmer out at microsoft and the stock takes off. Ooh. Varney company is about to begin. You know throughout history, folks have suffered from frequent heartburn. Butetting heartburn and then treating day after day is a thing of the past. Block the acid with prilosec otc, and dont get heartburn in the first place. [ male announcer ] one pill each morning 24 hours. Zero heartburn. Friday morning and breaking news for you, just crossing the wire. Microsofts chief Steve Ballmer will retire in the next few months until a successor is named. The stock is straight up. A gain of roughly three bucks a share right at the opening bell. Here is comes. Now, please listen to this from president obama, cleared the rubble, he says. Thanks to the grit and resilience of the american people, weve been able to clear away the rubble of the financial crisis and start laying the foundation for a better economy. You heard it, cleared the rubble, laying the foundation for recovery, really . Lets check the facts, please. Three numbers for you that arent lines. 54 of paychecks add up to less than 30,000 a year in this country and thats a dismal number on income and spending power. Median income falling. Next number, 8 million, thats the number of adults who have stopped looking for work altogether. The highest ever in any fouryear period. People are giving up hope in the obama economy. N of handouts, really needs a job. The number of people signing up for food stamps increased by an average of 11,000 per day throughout the obama years. Remember . Record number of people on food stamps, 23 million households, one out of every five. And then weve got google, screaming live nfl games on youtube. You heard it here first on Varney Company and next, we have the guest who made the call. The battle between the traditional retailers and Online Shopping are brick and Mortar Stores really making a comeback . Were going to deal with that next. My mantra . Always go the extra mile. To treat my low testosterone, i did my research. My doctor and i went with axiron, the only underarm low t treatment. Axiron can restore t levels to normal in about 2 weeks in most men. Axiron is not for use in women or anyone younger than 18 or men with prostate or breast cancer. Women, especially those who are or who may become pregnant and children should avoid contact where axiron is applied as uneected signs of puberty in children or changes in body hair or increased acne in women may occur. Report these symptoms to your doctor. 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And 900 Million Dollars are changing hands online. Thats why hp built a new kind of server. One thats 80 smaller. Uses 89 less energy. And costs 77 less. Its called hp moonshot. And its giving the internet the room it needs to grow. This is gonna be big. Hp moonshot. Its time to build a better enterprise. Together. On my Harley Davidson thats a Harley Davidson. Its outside on the street, the newest one available just came out. Its not even on sale yet. Im going to make that thing roar. Im going outside in just one moment. All right. And a minute from the opening bell, come in from chicago, scott shellady. All right, the feds lockhart just told our own peter barnes, dont rule out september for a taper. Your reaction to that . Well, i think the feds painted themselves in a corner they couldnt get out of easily. So the bond market is going to push the Interest Rates to the 3 level. Were at a critical 10year level at 12402. If they break through, 3 , were in the position that were going to raise rates as the economy is not doing well at all. Were in for a bumpy next quarter. Interesting forecast, scott shellady. Well see you next week. All right. Coming up for the opening bell, the opening of trading this friday morning and were going to have a nice jump in the price of microsoft stock. Please remember, everybody, i own that stock and its probably going to go up between 2. 80 and 3 per share and if thats the case, adds over 20 points to the Dow Jones Industrial average so in the early going, yes, were seeing an upside move for the dow. 20 points up, still shy, but only just shy of 15,000. Lets get to nicole. Microsoft, the news is, ballmer out within 12 months and the stock, i think, is going straight up, nicole . The stock is going straight up. Lets take a look, it was up 8 in the premarket. 8. 2 and thats almost 3 bucks which would be roughly 23 dow points. Microsoft, theres an interesting memo from ballmer to the gang over there at microsoft. Talking how much he loves microsoft and loves the company. Proud of what theyve achieved. And it was believed that he would retire somewhere between this reorganization as they build momentum in tablets and smart phones. Okay, nicole, its just breaking, but weve got our own tech guru hurrying on to the set and clayton morris. Clayton, the announcements made and Steve Ballmer long time leader of microsoft on the way out. The stock goes straight up. Is that a judgment that ballmer wasnt very good . Yes, misdirection from microsoft on a regular basis. For years the common refrain, why is ballmer still there, leading the ship. This new direction that he talks about in his memo to employees on his way out, saying this transition to a products, devices and services business. Now, microsoft of course making that transition away from software. Stuart thats what he do. Devices. Stuart thats what he did. Hard tangible things, tablets pnd phones, and he switched to that and away from pure software. Are we saying that that was a mistake. No, were saying that that might be the right direction, but its been a botched direction. Look at the sales of windows surface tablets, plummeting and people not buying these things. Few people really interested in going out there. You see this excitement around the windows surface tablets . Not at all. Not exactly a ringing endorsement from bill gates either. Stuart who is big enough to fill his shoes. Any names come to mind. There would have been someone i would have thought was at the top of the list, steven sinosski. But hes not there. Youre starting to see it with google moving into the devices space and it was a services business. Theyre realizing they need to own the eco system and microsoft says were just going to make the software, hp, lenovo, you make the devices and were staying out of that business. Theyve waited too long and way behind. Stuart big impact. The stock up 2. 75. Salt in the wound. Stuart salt in the wound. Clayton, thank you, appreciate you scrambling in here. Absolutely. Stuart more headlines in tech. Remember . Everybody knows about it, the flash freeze yesterday on the nasdaq. Its open for business this morning and no problem there. Check two big names that trade on that electronic exchange. Cisco is down this morning, 23. 95 and apple widely held stock trading, im going to say normally slightly lower, at 502 a share. Now, remember this, Everybody Knows about it, the nasdaq is the nations second largest Stock Exchange. This is not the first time that an electronic problem occurred. Liz claman is with us now. She joins us from the nasdaq. Now, liz, the concern is, and everybodys telling me that, the concern is that the nasdaq was hacked and if thats the case, somebody out there knows how to screw up americas financial system. What do you know about this . It was our first question to ceo bob greifeld this morning, down on that floor right behind me. I said, i dont care about the technical issues and the discussions of the moment. Was there any sign of hacking . He said absolutely not. Any espionage . Absolutely not. It doesnt mean it couldnt happen in the future, stuart. We have seen this happen at the wall street journal, new york times, some other Financial Institutions like big banks, but this, in essence, was a breakdown of one of the technical systems called a security information processor and that, in essence, is a system that dissemnates price information to some 13 other exchanges out there and 40 socalled dark pools, smaller, lesser traded, less liquid exchanges, but the issue becomes for the nasdaq, what about the faith in the nasdaq . Everybodys wondering about the twitter ipo. We asked them about that, saying how do you make sure that you still lure that business . He says were still one the big electronic exchange. I asked in the end as i pass it back to you, will you be investing more to fix the system problems . He said no he, we dont need to do that. That to us a stunning, much more throughout the day on fox business. Stuart youre right, liz, now, thats a stunner indeed. Because my goodness me. Liz, thank you very much indeed for being right there. We appreciate it that. Thank you. Now to google, in talks with the nfl to broad Football Games on youtube. John layfield called this one. If you listen to him you would have made some money, i believe. This is going to happen, isnt it . To me, ins a big deal. Live Football Games on youtube that i can watch just about anywhere, i think, if ive got the right kind of phone. Tell me, this must be a big moneymaker for google. Got to be. Yeah, i think it will be a major for google tv. And one for youtube. Chad hurley just came out, the founder of youtube and said sports is a big part of their future. I really believe that google has to do something the same way that fox sports did with nfl, major league baseball. People think they overbid for the products and it turned out the best thing they could do. The nfl has 9 billion a year plus, more than any other league in the world right now, and hes looking at taking that live ticket, the nfl ticket worth about a billion dollars a year, that right now directv has and marketing that. Google has just hopped into the fray. I dont know if Roger Goodell is doing this to get more money out of the direct ticket or if google is going to win it this round. I think that google will eventually win it. Stuart its a victory lap for you and because you did call this. I think this is a natural progression, stuart and i think this is where everything ends up going, its just a matter of time before it gets there. Stuart why are you in jackson hole, wyoming with the grand tetons ben is not there. Janet yellen is not there. Larry summers what are you doing there . Ben bernanke is not here. Somebodys got to represent the every man and im sitting in peter barnes chair and feeling confident there. Stuart a great interview with mr. Lockhart. To answer the question im with my wife Meredith Whitney and i know some of these people got to meet with the Kansas City Fed people. And we talk about google, what they did in kansas city about the hundred megabyte line and tech in kansas city. And im here as governor palins husband. Stuart dont downgrade yourself. John, have a good time in the tetons. Always great to talk to you, sir. Stuart the new samsung phone, 6. 3 inches screen, you cant fit that in your pocket. Weve got one on the set and our tech watcher is calling this thing quote, preposterous. You can check it out with us about 10 00 this morning eastern. Bed, bath and beyond, bucking the trend and beating amazon in some areas on prices. Come on in, bruce turkel. Our branding guy. And i think its bad news for amazon, isnt it . Well, amazon isnt worried about what bed, bath and beyond does pricewise or today or tomorrow. They have enough ways of making money that being a low price on everything, doesnt necessarily have to be their way. However, an it does, it points the pricing perception problem. People naturally assume that amazon is cheaper, but its not always true. Yeah, i mean, doesnt that detract from their brand . Because youre quite right. I mean, look, even i can shop amazon because its very simple, and i always think im going to beat everybody else on price. I would have thought that if thats not the case, certainly not the case, according to bed, bath and beyond. Then that brand diminishes a little for me shopping on amazon. You dont think so . I think so. What happens, bed, bath and beyond, if they can change that perception, they can bring up the other perceptions why people shop and bricks and mortar. They like to shop together and if they had things like signs that say free delivery to your car they can remind people they get instant gratification and that amazon pays for shipping. And they can take advantage if they chip at the wall that amazon put up. And just a moment ago we had liz claman who interviewed the top guy at the nasdaq. After the flash freeze of yesterday said no, were not spending a lot more money on security and computers, no, were not going to do that. I suspect that that brand, nasdaq, wall street, stock, the whole brand, wall street, has just taken a huge hit. What say you . I think youre absolutely right. Stuart. The problem is, the average american doesnt understand two things. They dont understand the financial markets, they dont understanding wall street. And they dont understand Cyber Security. They cant get into their own sites with their own pass words and cant figure out how people hack in and hack out. They get none of it. We put two things together. We dont like or understand wall street and dont like or understand Cyber Security and you show wall street has that problem and youre right they just took a big, big pit hit. We are neot going to worry abou it. Stuart i think the administration is going to pound wall street more, and in in case, i think theyre right. Thank you. Thank you. Stuart to the big board, were up 23 points and a lot of of that is because of the gain in microsoft. Not all of it, but some of it and were back pretty close to 15,000. Here is what weve got next. Theyre getting me out of this chair again and they can go outside. Why . A motorbike. Not just any old bike. The newest Harley Davidson introduced four days ago and its here. Im going to make that thing roar. Cc rider clients are always learning more to make their money do more. ann to help me plan my next move, i take scottrades free, inbranch seminars. Plus, their live webinars. I use daily market commentary to improve my strategy. 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Side effects include headache, flushing, upset stomach, and abnormal vision. To avoid longterm injury, seek immediate medical help for an erection lasting more than four hours. Stop taking viagra and call your doctor right away, if you experience a sudden decrease or loss in vision or hearing. This is the age of taking action. Viagra. Talk to your doctor. Good morning, everyone, i am outside and i am going to introduce to you the street glide. 2014, you are looking at it right now. And this gentleman, keith wendell. Is going to sell me this thing. Am i going to sell to you . going to sell it to everybody on the street here. Stuart how much . 20,000 roughly. Stuart not roughly, how much . Well, just, it varies by the number of options. Stuart how much is this one . Its about 21,000. Stuart 21,000. Okay, whats special . This year, in the 2014, we introduced on our touring bikes, what we call project rush more. Theres over a hundred changes that have been made to our touring bikes. We have the voice activated gps system which is first in the industry. Stuart wait a second, wait a second. Voice activated what system . Gps. This is a 4. 5 inch screen and we have a larger screen as well and introduced precision liquid cooling. Stuart hold on a second, i want you to start this thing for me. Okay. Stuart hold on a second, i want to test it. You want to roar the throttle. Stuart i want to roar the throttle. What youre selling is the american male. The look, sound and feel of a harley, 110 years. Stuart i used to own a triumph 650 so i want to compare the roar to my old bike, okay . Hold on [revving motor] not bad, not bad. Okay. Now, how many of these are you going to sell . Well, of the street glide probably roughly 20,000, 30,000. Stuart 20 or 30,000. For one selling bike in our lineup, this bike here. Stuart and this is the brand. This is the bike. 2014. Stuart if i buy it for 21 grand, do you finance it . We do. We do provide Retail Financing through our harley david financial s