♪ ♪ >> cheryl: welcome to beyond the headlines, i'm cheryl jennings. today we are talking about dropout prevention. one if four students drop out before they finish high school. thankfully there are many local organizations that reach out to students and encourage them to continue their education. middle school to college today we'll talk about some of the programs that help students stay in school. first, the dropout rate for oakland's unified district was 26.6%. that is higher than the national average. joining us to talk about is the numbers and with a administrators is doing about is the spokesperson, is troy flint. >> thanks for having me. >> cheryl: 26.6%, you must be doing a lot to address the issues? >> it's one of the most critical issues. districts across the country particularly urban districts. there is no one comprehensive solution. we're attacking it from null of angle that has address the social components that gets kids disenchanted with schools. >> cheryl: you have a different population in schools especially as they progress? >> we ar

♪ ♪ >> cheryl: welcome to "beyond the headlines." i'm cheryl jennings. today we're talking about the continuing problem of bullying. it's estimated that 160,000 children miss school every day because they are afraid of being attacked or intimidated by other students. 56% of students have personally witnessed some type of bullying at school and 71% reported that bullying is a problem at their school. those are alarming numbers. bullying is one of the most disturbing issues that face children. recently 3,000 public school students took a pledge to stop bullying. they were inspired by a movie called bully which is part of the campaign to bring awareness to this epidemic. >> 90 minute movie is sometimes hard to watch but these san francisco students had no problem relating to its contents. >> movie's director has been showing it to students as part of a national campaign to end bullying. >> we're hearing about it more. we are understanding about it more. people are feeling empowered to tell their story. >> at today's event, both san francisco's mayor and sup

♪ ♪ ♪ >> cheryl: welcome to "beyond the headlines," i'm cheryl jennings. child abuse is a heartbreaking subject that touches nearly every community across the united states. it occurs in all communities across all social yeo economic levels within all religions and every level of education. according to the government. the united states has the worst record in industrialized nation losing five children every day to abuse death. joining me in the studio from the san francisco child abuse prevention center is katie allbright. >> thank you so much for having me around for shining the spotlight on this important issue. >>er love what the prevention does. you are celebrating an anniversary today? >> yes, we have been working in san francisco for 40 years preventing child abuse. we are very excited about our future and vision. we're here to stay and looking forward to the next 40 years. >> cheryl: this was started by a man with immense compassion for the issue? >> he was a pediatrician at general hospital and saw incidents of violence in the hospital, how in the

♪ ♪ ♪ >> cheryl: welcome to "beyond the headlines", i'm cheryl jennings. today we have a special roundtable discussion in celebration of asian-american and pacific islander heritage month. kristen sze is leading a conversation with local leaders about current issues that face our bay area community. >> eric: we do have a. >> kristen: each worked hard for a variety of causes and there is a real commitment to improving our communities in the bay area. we have billy wong, president and ceo bay tag a nonprofit media producer. welcome. and welcome as well is festival director for asian and american media that funds and distributes films and digital media. and also the director first of kind citywide campaign to fight chronic hepatitis, a disease that affects so many asian-americans. thank you all for coming. look forward to a fantastic conversation. let's start with you. a very successful festival, tell us about that. i know thousands of people attended. >> absolutely. thank you. it starts in march and 11 day festival here in san francisco, oakland and berkeley

♪ ♪ >> cheryl: welcome to "beyond the headlines." today's focus is sports head injuries the effects on adults and young people. they find that sports concussions in the united states have reached epidemic levels. there is a lot of controversy over concussions in the n.f.l. and what happens to players over the long term. n.f.l. is penalizing players with helmet contact and committing major resources to develop a long term study on the issue. >> nobody likes to see an athlete's career end because of a con sugs cushion. it happened to steve young. there was a burial helmet hit. that hit was recorded by a special mount guard like this. the zeatd being included in research conducted by 49er medical director dan garza research assistant at stanford university. they showed me some head impact research from a different player during a game. they are pointing not necessarily where they are hit but where the acceleration. >> the n.f.l. is planning a ten-year study on the consequences of repeated head injuries. we want to have a way to understa

. ♪ cheryl: i'm cheryl casone in for liz claman. it is the last hour of trading, and just a short time ago, the cftc, the commodities futures trading commission announcing civil charges against former mfglobal head, a former new jersey governor and ceo of goldman, jon corzine. we will talk to a cftc commissioner about what this all means. interest rates are rising and rising more. the 30 year fixed mortgage rate averaging 4.46%, up from 88%. this is the highest weekly average since july 28 the 2011 to also the biggest weekly jump. all of this according to freddie mac. and rates have been rising ever since june 19th when fed chairman jim -- ben bernanke and has the potential for reducing his bond buying program over the fed. meanwhile, two of the chairman's board members up speaking today. we will tell you exactly what they said and how the markets are reacting to all of this. here's a hint for you. look at gold, falling at this point. it is now 12003. the dow more than $25. 2640. they expect the trend to continue as interest rates c

♪ ♪ ♪ >> cheryl: welcome to "beyond the headlines". i'm cheryl jennings. today's show looks at the importance of being prepared for the next major disaster. natural and human caused disasters can happen without warning. our guest today will show us how to protect our belongings and find a safe place for our pets. the biggest challenge for americans is complacency. here a public service announcement. ♪ ♪ ♪ ♪ ♪ ♪ ♪ >> cheryl: joining me in the studio is kelly houston, assistant secretary of communications with the california emergency management agency. >> we used to be the governor's office of emergency services. >> cheryl: but now you are an umbrella organization. >> right. after september 11th there was the office of homeland security that was formed by then governor davis and that focused on terrorism issues. then there were the services but the two have merged together and we collaborated on everything. >> there is so much information. the thing that struck me was a list to get your family prepared. it's like a contact list. people think i

♪ ♪ ♪ >> cheryl: welcome to "beyond the headlines," i'm cheryl jennings. child abuse is a heartbreaking subject that touches nearly every community across the united states. it occurs in all communities across all social yeo economic levels within all religions and every level of education. according to the government. the united states has the worst record in industrialized nation losing five children every day to abuse death. joining me in the studio from the san francisco child abuse prevention center is katie allbright. >> thank you so much for having me around for shining the spotlight on this important issue. >>er love what the prevention does. you are celebrating an anniversary today? >> yes, we have been working in san francisco for 40 years preventing child abuse. we are very excited about our future and vision. we're here to stay and looking forward to the next 40 years. >> cheryl: this was started by a man with immense compassion for the issue? >> he was a pediatrician at general hospital and saw incidents of violence in the hospital, how in the

. ♪ cheryl: i'm cheryl casone in for liz claman. it's the last hour of trading, and it could be an ugly last hour of trading. the dow right now, we are down a good 183 points, and we're off session lows, were down 200 appointments earlier, but, still, a percentage drop of more than 1 mlgt now, one and a quarter percent on the dow, trading in the red on a percentage base as bad off as the dow is. keeping op track for you in the last hour, of course, and now there are the -- there is the feds report that the markets are down despite the fed's report which the economy is growing in a modest to moderate rate. the beige book, as it's called, released eight times a year, based on antedoal information from the economy gathered from 12 # federal reserve banks. that report, though, not helping out. get the answers to the floor show, traders standing by at the new york stock exchange, the cme group, and, plus, we have nicole standing by on the floor of the new york stock exchange. we'll get to her in a moment. first, the traders, you know, th

i'm heather nauert piggyback matter cheryl. cheryl: thanks. an incredible story that has many comparing it to good fellows. a swiss flight from zurich was robbed. at jfk. over $1 million is now missing. amazingly they left another $92 million behind. the investigation and security firms here in new york city. does this surprise you at all? damning, this is a lot of money that they took. >> well, there was still 92 million. you know, it's just funny. you can't compare either one. 7 million at the time. then it was 14 bodies it came up. no, no damage prior to that. the "" sex. they recently were able to take it. and i think it was a planned thing. it was damaged, although all. cheryl: well, that's what he was saying. it was forklift damage. and could be possible. >> we have our little polygraph. i'm sure that's going to be used cheryl: they're coming in. >> on the other side of it, the federal reserve said there was an armored car there. from my experience a lot of times these flights arrive with large amounts of cash. the armored car goes to th

♪ ♪ >> cheryl: welcome to beyond the headlines, i'm cheryl jennings. today we are talking about dropout prevention. one if four students drop out before they finish high school. thankfully there are many local organizations that reach out to students and encourage them to continue their education. middle school to college today we'll talk about some of the programs that help students stay in school. first, the dropout rate for oakland's unified district was 26.6%. that is higher than the national average. joining us to talk about is the numbers and with a administrators is doing about is the spokesperson, is troy flint. >> thanks for having me. >> cheryl: 26.6%, you must be doing a lot to address the issues? >> it's one of the most critical issues. districts across the country particularly urban districts. there is no one comprehensive solution. we're attacking it from null of angle that has address the social components that gets kids disenchanted with schools. >> cheryl: you have a different population in schools especially as they progress? >> we ar

cheryl: both joining us right now. we literally had a parade of fed officials trying to calm the markets but with red arrows again this morning, is this damage control even working? >> they wanted to be more transparent, and i think they are just confusing the issue here, but the message i'm hearing now is data dependent even though they have thrown in the calendar dependent argument. it seems we reassuring the market. nine fed officials coming out after ben bernanke. after he told them to go out and launch a pr campaign, or they're going out on their own accord because it is a group of bonds. >> this is a fairly concerted effort to single the market as much as possible, to wave flags the accommodating policies will come to an end. but it will be data dependent. cheryl: why do they father at all? >> they say don't this and what we're saying. get used to it, it will not be accommodating bond buying program, it will come to an end when the data itself, when the labor market data and inflation market suggested is okay to

cheryl: how much? the breakout. >> the russell 1,000 large cab basket , it's about two and a half billion. cheryl: great. less talk about the changes that you saw. always fascinated to see who came out on top. apple is still number one, the biggest weight on the russell 2,003,000. >> absolutely. it's still the biggest. when you see the performance of the stock of the last several months it has gone down in value . this still retains that top spot. the really interesting thing is that it's 100 percent growth like it was in last year's and next and a 25% buying characteristic. so 25 percent of the stock is in the russell 1,000. cheryl: russell 2000 is the small cap. i think this is going back to what we saw the last year with that shift. a lot of investors said, wait a minute. i need to chase the big names. it really just completely changed. >> absolutely. if your making a bet on a small company stock over the last 12 months, there is a big payoff, appreciation of the russell 2000 stocks. cheryl: us talk

cheryl: my guys. stand by. your headline please. >> reporter: facing a cash crunch that could cripple lending. rates are being quoted, but no transactions are taking place. he will take a look at how this will affect the chinese economy. cheryl: that is a story you know very well. we will see you in just a few moments. bank stocks heading lower. the financial sector overall something that we're watching. nicole petallides, of course, at the new york stock the stage with the sec to report. >> reporter: this is a big deal to have back-to-back sell-offs. the financials are selling off. racine bank of america down two and a half%, down three 1/3%. the major averages are down over two full percentage points. you can -- you know, down over 300 points. give 100 to ben bernanke, 100 to the credit crunch in china and the latest headlines about the imf, not giving them money back to greece now, so you have a lot of things in the air. cheryl: that headline. that's something that they're talking about right now? >> reporte

cheryl: rich. rich: a government contractor, we will tell you what this means about federal contractors coming up. cheryl: and robert gray. robert: it has to be announcement from the keynote presentation unveiling the much-anticipated itunes radio. more on that coming up. cheryl: the headlines is still coming out from the apples conference. need you to stay with me for a moment because apple is getting a boost from an analyst upgrade. what is the reason for the new buy rating on the stock? nicole: the stock is up nearly $5 today. if you are a shareholder and you wake up and see your stock up 4%, 5%, okay, what is going on? upgrading facebook today to a buy from hold saying basically the shares have bottomed, all the bad news is factored in and the only thing left is the near-term catalysts. good news of sides potential. including joining the s&p 500. back-to-school seasonality. monetization of insta graham. new products, videos. the shares have bottomed, a buy rating and how about jpmorgan. keeping

cheryl: all right. thank you very much. well, another packed week on "countdown to the closing bell". major ceos to iconic investors. we have had them all. here is a look at what is worth repeating this week. >> 16% in the first -- in 2012. 14%, as you said earlier. i think it could have a 10 percent correction. and i sang it will be that. it's hard to have a correction when so much money is coming into the market. that is an offset to it. >> this is not the new rebirth of the chinese market. it is important to understand that chinese stocks are becoming public and the u.s. because they cannot come public in china. you can't kid a listing on the shanghai exchange unless you have three years a profit. >> the in-store experience, it could be interesting, but is a ways down the road. the place where consumers have applied in a looking for the experience is the commerce and the mobile device. >> absolutely not intended to confuse. it is the idea of how we can optimize our business to make it better and stronger. we're going to

cheryl: dunkin brands. this is something you picked m may 82012 or viewers would have gained. >> duncan can double in the u.s. it is a name and constantly are thfamiliar with. it'll play out over 10 years, still plenty of room. cheryl: we've talked about this one a lot, do you still like it? >> we do. sunglasses, prescription where, the wholesale at the retail market you like, less and less competition by the day. cheryl: i want to bring this one because you picked it in november 2011. it gained from 2011. even the one-year chart is pretty strong. >> last couple of weeks this was a read. this is the largest player in industrial real estate with warehouses and shipping facilities with the second largest player, the guerrilla in the space. a near death experience. cheryl: i want to show quick look at the five-year period really quick i want to go through these, blackstone you pick this one in november 20, 2011. and this last stock, you pick this in october of 2011, if our viewers would have gone with you they

stuart: i disagree with you, cheryl. cheryl: we still love each other. thank you, mr. varney. we have nicole cut back on the floor of the new york stock exchange. nicole: a lot of bulls upset when they saw the market. we were at 15,500. now here we are back in the middle. about 35 points off the high of the day. most names have of arrows. bank stocks and technology and energy. all with us arrows. gold within us arrows. just fractionally. that is the big picture. dennis: maybe some fraidy cats joining us now. oh, i am sorry. >> market participants now expect the increase to come considerably earlier than previously thought. such an expectation would be quite out of sync. dennis: translation there would basically be a bunch of fraidy cats. we have a chief investment strategist with us now. thank you for being with us today. the dow is up 123. >> i do not think they over reacted at all. the equity markets in the markets in general have been reacting to what ultimately normalize. they are going to react to what is likely to develop over the course of the next year. dennis: if mark

. ♪ '8 ♪ ♪ ♪ >> cheryl: welcome to "beyond the headlines," i'm cheryl jennings. we're exploring gun violence. discuss ways you can talk to your children no matter what age about the painful realities about the violence. about six weeks ago 20 children and six adults were fatally shot at a small elementary school. sandy hook shooting was one of the worst shootings in history. our reporter filed this report. >> worried. >> it's the community that is still anxious as their children return to school in newtown, connecticut. classes were back in session except sachbd did i hook elementary where 20 children and six staff members were murdered on. >> a lot of people don't want to be here. >> to send our children to school, we wanted to see them back. we want them to come back home. we want to hold them and hold them and hug them at the end of the day. >> meantime, a welcome sign hangs across the street from the shuttered middle school that is being transformed for students. >> i hope they are able to cope with it. i don't know if they already ready to go back to school

cheryl: they are back. they're is a box somewhere under the piles of papers to you are sitting on right now in your office. they're probably still did. take a look. some winners and the nasdaq. just a few. not many. ♪ friday night, buddy. you are gonna need a wingman. and my cash back keeps the party going. but my airne miles take it worldwide. [ male announcer ] it shouldn't be this hard. with creditcards.com, it's easy to search hundreds of cards and apply online. creditcards.com. and apply online. ♪ dennis: and in today's "media minute", a monster opening from monsters university. ranking number one at the box office this past weekend. the 14th consecutive pixar movie to a place first. but the bigger surprise is "world war z" with brad pitt, the zombi fighter opening far better than expected at 66 million. paramount is said to be mulling two sequels. and taking the number three spot in its second weekend, "man of steel." and van adoration. new study says more illegal downloads, game of thrones. it ge

cheryl: this is what you are doing. you saw a need for images you thought was not being filled by the associated press or these other companies, you felt, shutter stroke -- at stock is the stock for images. >> i started a couple companies before shuddered stock anytime i needed an e-mail, it was very hard to find images. cheryl: it is your own experience? i need an image and can't find it and i will start a company. what about backing? do you have a hard time initially selling the idea because many viewers have great ideas and don't know what to do with it how did you get other people interested in your plan? >> wasn't easy. i had to do everything will job by myself, i shot 30,000 images and program the web site by myself and did the first customer service e-mail, just did what i needed to do to get the company off the ground. cheryl: what would you advise someone, what advice would you offer to someone that wants to start their own company because it is scary, you are someone who had success in the past but to start yo

cheryl: thanks. dennis: talking about the mobile threat, the app boom giving hackers a back door to your smart phone. a report by app security firm finds that 90% of top ios, apple and android apps, were subject to hacking and a grave risk, your own money as mobile banking surges in popularity. joining us from washington, we have the ceo with us, and just the other day, ex-wife needed a transfer for camp money, and i was on smart phone, no chance to get home, and i do a wonderful chase transfer with the smart phone, $2,000 just like that, am i in danger? >> it depends on the bank that you are working with. dennis: chase. >> so chase is taking steps to solve problems with technologies like ourselves, but as an example, i mean, there's a massive paradigm shift that's going on today in the market. if you think about the banking apps, a like what was mentioned, depositten online, there's a wide variety of other things, transferring money, paying bills online, buying stocks, bonds, options, you know, a wi

cheryl: when would you buy then? if you're telling me not to buy on a pullback which is now which is $93 wwat -- >> you have to wait until the markets straighten out. until volatility lessens. until you begin to see some stability. you begin to look at some of the other commodity behaviors f they start to become expense seven, then you buy gold. david: when do you think this will happen? when will we have a flatter line? >> probably by the end. year. probably within the next couple months. david: how low does gold go. >> maybe around i was looking for 1250 i said this morning. david: i was hearing triple digits but you don't think it will go below? >> i felt this morning 1250 was going to be aapossibility. david: george gero, the man who knows gold, silver all commodities. thanks. >> thanks for having mae. it was delightful. david: market volatility has a lot of investors concern we have somebody who says all is turbulent actually could be good long term. i know short term it's a pain in the butt but long term this c

cheryl: right. david: really taking off. cheryl: dan veru was talking about them, he says you've got to go for small caps, play the small caps game. well, here is a look at your front page headlines. the labor department reporting initial jobless claims declined last week to 346,000. continuing claims also dropped, falling to the lowest level in more than a month. david: and this is good news. we've been worried about consumers because it looked like they were being kind of tight-fisted. now it turns out they spent more money in may after paring back in april. the spending rose 23% last month as consumers bought a lot more cars and trucks and spent a bit more on gasoline. cheryl: didn't have a choice. and gold extending its slide today, unable to hold early morning gains. gold dropped 18.20 an ounce, settled at 12, 11. it's now -- 1211. that is the first time we've seen that since 2010. somebody call peter schiff, he probably needs a kleenex. david: well, the commodity futures trading commission ann

now back to cheryl. cheryl: a new warning from the fda urging medical device makers to focus of cyber security with the reason of recent uptick of patient monitors imaging devices. >> i don't think the medical community thought about it 80 percent of all hospitals are electronic which are %-machines to use with the regulated equipment to make sure medical records don't get displaced and people do not have access within the hospital grounds but no in reality we aae told devil to hacking and with patient information. it has happened more and more but in any kind of cyber attack with foreign company or even the individual to do harm once that happens then we will be in trouble. cheryl: i see the issue up and duration being breached but more about the specific information of the patient. do you see a health risk? >> i do. a lot of machines we talk about calibration issues. it is in getting inside altering the ground level you can crash the plane to alter the dimensions of the ground the same thing can happen

cheryl: even the u.s.-chinese business council says this relationship has to continue and the world's biggest companies are doing business like google and themselves potential targets of espionage from china so these companies are saying we have to tread carefully, the president has to tread carefully. how do you respond? >> the time for treading carefully has gone by. the company's you just mentioned have been victims of cybersp and dr. oz by the chinese. one american manufacturing company estimates that have lost 25,000 american manufacturing jobs. you can't play for the next quarter. we got to play for the next generation and if china is going to join the world following the laws of commerce we have to do it now. they are not a consumer economy, they can export economy. if you're going to have leverage on the mid is now. if we continue our relationship that is beneficial on both sides you need to be tough now all. this is a crutch for them. this is a crutch that they have got to grow at 7% to keep up th

cheryl: i am cheryl casone. dennis: the s&p issuing a better outlook. the justice department searching for the man that leaked information. they found him. cheryl: new ideas. companies and people making money through innovation. what is old is new again. cheryl: top of the hour. we have nicole petallides at the new york stock exchange. nicole: there is still a business for it. the dow jones industrials up about 15 points right now. you look at the stats in the last several sessions, we really have had some big swings. you can see the tech heavy nasdaq up three tenths of 1%. some of the dow component doing well. we are seeing oil and gold mixed. we have some weak numbers out of china. cheryl: japan, a two-year high for that market overnight. thank you, nicole. the market should not be worrying about the fed moving away and tapering off. you have people saying it will happen sooner them later. >> i think a lot of people are fixated on the stock market performance. when will the tapering begin? the mandate is focused on mandating employment. therefore, wit

cheryl: i'm cheryl casone. apple losing a deal. we debate whether government should butt out of patent disputes. dennis: shakeup at the white house, susan rice next for head of security. she blamed the benghazi attacks on a taliban bashing video. this is hoping to di vert republican attention from an irs scandal. a republican weighs in. cheryl: ordering groceries with the latest novel on amazon. will you buy it? as a result, we put the question to the twitter followers all day, and many of you are now answering. dennis: i don't know how amazon's making money with that, but stocks every 15 minutes, and, nicole, stocks way down. >> looking at session lows on our major averages as all three approach a full percentage point to the downside. the dow jones industrials barely holding the 15,000 mark, 15036 for the dow. noted moments ago, hitting session lows, and the s&p 500 lower today, down 1%, down at 1615. you heard john, equity partners talk about 1500 and 1600 as psychological level. on the dow, 28 of the 30 names lower. some cyclic

cheryl: what is court? if i spent $20 i don't care if it corked but it is 2,000. >> the specific problem, and a storage is the bigger one. cheryl: can you ensure the bottles. and opening it -- >> you can actually insure against cork and all the other problems. cheryl: and the sector for the magazine, looking at wine sales and the value of wine auctions. in 2012 there was pressure on the market. dennis: it properly pull back on the chinese side, lot of chinese -- settled down a little but are coming back which is great. the long term with wine with delectable wines is they keep growing in terms of value. it has been a good market. cheryl: do i need a broker to get into this? do you advise people to do that? >> you need someone you can trust whether it is an auction house or a really legitimate wine dealer or if it is coming from the winery. the key thing is providence, have to know where it came from and that it is legitimate. and crucial is storage. one year of that storage, and -- cheryl: you could prove -

cheryl: i don't. david: doesn't work like that..3 ups likes to call itself a technology company that delivers packages. to back it up they have one the largest command centers in the world. cheryl: adam shapiro is at the louusville, kentucky distribution. >> they have their own meteorological staff, ups does they track the 1800 flights daily. they check out the weather. a cyclone in china and one in central america. they have to divert flights around that. what is more important, what happens in the global operations center. take a look. this is where they not only track all the flights but they have dispatch and contingency. that is all based on data, data that flows into the operations center in new jersey. we'll show that to you in a second. meet the man in charge of all that, cio dave barns. i'm holding this, was the original you might say computer entry into the orld for ups in 1989. this is the diad, the thing drivers bring around when they make deliveries. show them what it looks like today. >>

cheryl: all right. "barron's" releasing the list of top 100 women financial advisors in the country. today we're bringing you the number one ranked advisors managing over one billion dollars in assets. david: joining us, susan cap plan. cap plan financial services president. job well-done. i'm sure your customers appreciate this and we appreciate you coming on. you're bullish but you expect at some point in the near future you expect a 5% pullback. that is pretty significant. what do you think some of the triggers for that pullback will be? >> i think the triggers really amount to the sequestration, cutback in government spending and obamacare filtering through the economy, amidst much slower than needed jobs. cheryl: you know also, susan, you're looking for a little bit of a pullback. you're calling for a slight pullback. is that a short-term pull back or a pullback for the year? are you telling your clients they need to watch out for profits? >> no. whenever we have all three indices up 15% mid-year,

cheryl: yeah. dennis: ozzy and black sabbath have their first number one album ever, 43 years after their first record, album 13 out this week selling 155,000 copies rising on the billboard with a bullet. cheryl: rock is back. dennis: he never left. cheryl: can you believe the miami heat -- that they are still in it? dennis: of course, now they will win. cheryl: they were knocked out. dennis: testosterone in their favor now. cheryl: i don't know. here's outrage for you. while congress may let student loan interest rates double next month, it turns out that some congressional staffers and federal workers will likely be protected from the impact. it's all compliments of you, a taxpayer funded benefit providing more than 20 million last year for them to pay down college debate. usa today shows the house spent $15 million last year to pay down staffers' student loans and senate spent $6 million. how do you feel about that? dennis: really nice of the fed. really nice. cheryl: just a fun bowl of happines

cheryl: that dell pushing session lows. i am cheryl casone. dennis: moving down into negative territory. we have a portfolio manager who says not to worry. markets are heading higher. cheryl: what violence in turkey means to investors here in the united states. we'll ask him what he sees now. new ideas, our weeklong series on business innovation. why online ticket sales are up. we are coming up right now on the top of the hour. stocks now and every 15 minutes. we are pushing session lows. what are you watching? nicole: i am watching what some of the traders are looking at. some of them send out midday stocks. we are getting closer and closer. we've broke through yesterdays lows. we got closer to the 15,000 mark. we talked about the fact that the market has two immediate masters. you have been watching fox business, you know what they are. more specifically, again. they have been driving this market. that is something we are watching and keeping an eye on volume as well. right now, you can see that the dow is down 57 points. names like hewlett

cheryl: thank you very much. dennis: be sure to join with more of her races of interview with imf managing director christine lagard at three and four eastern today. cheryl: a lot more news happening, and we are on it. the long awaited in his inaugural flight of europe's challenge. a panel ahead on how boeing can get past the controversy and how they will deal with this new plan. dennis: that's one thing they ought to do. new ideas as robust takeover more and more work. we talk with co-founder and ceo. the company profiting from that calling the angle -- colin angle is next. first term as we do every day at this time, let's look at energy. ♪ i want to make things more secure. [ whirring ] [ dog barks ] i want to treat mo dogs. ♪ our business needs more cases. [ male announcer ] whe do you want to take your business? i need help selling art. [ male announcer ] from broadband to w hosting to mobile apps, small business solutions from at&t have the security you need to get you there. call us. we canhow you how a

cheryl: and energy c.e.o. will be talking to melissa and lori what it will take to give the saudis a run for the money. to the magic kingdom, prices are rising. how much it will cost you. they'll talk about it. they have kids. they'll have big opinions on this one, i am sure. >> good afternoon, i am lori rothman. melissa: and i am melissa francis. the inside take. lori: and weaker data not helping the market either. katie stockton nys of the recent decline is just the bulls catching their breath. melissa: saudis running scared. the highest level in two decades, saudi arabia oil minister doesn't want to talk about it. that certainly isn't stopping us. what will take to give them a run for their money. lori: charlie gasparino faces for client withdrawals. let's get you updated on the market as we do every 15 minutes. let's check in with nicole petallides. nicole: we are seeing a market that has been mixed all day long, holding onto some gains right now up about 52 points thanks to merck and an hpv vaccine. intel

cheryl: ben bernanke and co. predicting unemployment falling to 7.2 or 7.3% by the end of the year from the current 7.6% but our next guest says things are better in technology and other professional sectors where a majority of managers are hiring. we are joined by scott mollen. let's talk about this. i wonder if the data you put together by this survey is something said chief ben bernanke has seen and that is where he is getting this positive feeling about the job picture overall. >> it is possible. every six months we do a survey over a thousand companies and recruiters, a cross-section of the u.s. and all industry. this last survey which was just completed in may was very positive. cheryl: let's go through the numbers. is really not just technology. technology jobs have been the creative and we had the last three or four years but you said is across the board. 34% of managers have voluntary departures, 40% of hiring managers asking for more money during the recruiting process, 31% noted more counteroffers. thi

cheryl: i am cheryl casone. there's a bit of a volatile day on the street but we are coming back from a triple digit losses worried the fed will slow the punch bowl. we have a debate ahead that will surprise you when you think about this. dennis: russia reportedly offering to consider asylum for the n s h a weaker as house of representatives gets briefed on data gathering. cheryl: new ideas, business innovation, harry shane is making money by challenging the big guys in the shaving game. dennis: tim tebow a patriot, the ceo on how sporting goods stores are cashing in and do it is top of the hour, stocks every 15 minutes, nicole petallides on the floor of the stock exchange, what is the dow doing their? nicole: the vix is higher, the volatility in your index, feeling a little bit of uncertainty in the markets, the dow has come off of its lows of the day, and here we are. and the upside momentum, the sell-off was all little overdone. it is 0.1%. the retail stocks, bank stocks showing weakness. i have got to get to

cheryl: nicole standing by. a busy day with energy. capitalism pitts were with his take on what is going on. the star with a goal. >> reporter: five america, but american. become part of the market's year earlier highs. however, we are. the dozens of vessels are rolling on to some summer games. the numbers and what we a scene and the china. that certainly happened. north suriname, as far as economic news, it has been good. twenty-eight of the 30. a broad based rally underway. that is the environment. some names on the move and some under pressure like netflix and also bonds and nobles. however, there are plenty of winners to speak up today in the bank stocks. so that is the action we are watching here adelle. right now checking on the game's about three-quarters of 1%. that is the latest zeroth floor of the new york stock exchange. now a chicago with mr. phil flynn. >> reporter: on notes on watching the gold market are wimbledon. the goal started out with a big rally. some concerns. there will inject some money into the system, but tha

cheryl: i am cheryl casone. all wild market ride not yet over after the largest stock sell-off since 2011. chad morgan zillow lander and oliver porche here to tell you how to play this market and sticking around as they go head to head in a brand-new series, fox business summit time showdown you not going to want to miss. dennis: mortgage rates shooting up and to buy a home or sell what we have advice now. cheryl: restoring apple's chambly day guest is says is simple, you need to be cool again, ideas how to achieve that coming. dennis: stocks every 15 minutes after two days and 550 down points stocks and commodities zigzag with phil flynn in the pits of the cme and nicole petallides at stock exchange. nicole: you are counting, and investors at home get nervous when they see those back-to-back losses particularly yesterday over 300 points, and today and coming back, down 100 points and we have a feeling people are nervous. that is the kind of environment we are going into a weekend, we have some rebalancing happe

. >> cheryl: by the time they opened in 2000. taylor family foundation decided to open it up to all children battling life-threatening conditions for free. >> when they first showed me the property back in the '90s, there was nothing? >> this was a big dirt hill. it was a tremendous amount to think it could happen. >> look at this. it played out. >> it's so much better than i thought. >> cheryl: horseback riding, swimming, smores by the campfires. they have all the usual summer camp activities but it's the campers that make this place so very special. >> taylor family foundation take birthdays very seriously. we celebrate all of you because you are all that important to us. one, two, three --, ♪ happy birthday to you ♪ ♪ happy birthday to you [ applause ] >> birthdays means a sweet and delicious treat but to kids at the camp it could be a trip to the hospital. >> it doesn't allow me to eat gluten or meat. i found it i had a celiac. if i go to a party and they have cake, i usually have to bring my own donut and cake and cupc

asked teenine to mike cheryl casone, 41. cheryl: we continue to wait for the president. we are showing you right now live pictures. he is expected to touch on those controversies. a lot of scandals rocking the white house. you will be talking about health care as well. it will take you to the president and san jose when he begins to. dennis: that conversation with the chinese leader, stop packing america. yet all these revelations that the american government is checking america. cheryl: opposed to be at the top of the agenda. certainly still well as the me tonight, but he has all these other issues including prison which we are now finding out is even broader. dennis: looking at live searches, able to get your live searches are mine. interesting. waiting for the president to start, but we will go check on stocks now. cheryl: i would think you would be loving this right now. dennis: nicole petallides is loving it, too. >> reporter: to love it. love is so much. let's take a look. the dutch as industrials 30 points off of the earlier highs. up about 177. really predicting

cheryl: dow is down 205 points. we

. >> and i'm cheryl jennings. we're on the scene and amy hollyfield joins us live. >> reporter: here is the transform they're caught on fire. it was under ground right in front of this home on almond avenue. neighbors tell us that the people weren't here. next-door neighbors weren't home and two doors down were home. it happened right after people left for work. take a look what they saw when they came rushing out. there was fire shooting out from under ground. this happened in front of a house where there was transformer to the transformer under ground was on fire. pg&e says it knocked power out for 800 customers in vallejo. people living here say it was something to wake up to. >> it was a big bang in the morning like 7:50. it was like fire coming out. >> they were shocked to hear a big bang. >> reporter: pg&e has been working on the situation ever since and say at this point, 13 customers are without power. so they have made significant progress out here. they don't know when they'll be able to get the power ba

cheryl played piano, joe played bass guitar. two years later, in a small ceremony in austin, they married. joining me was cheryl's 12-year-old daughter, margo. did he ever talk about how she was angry with the government, angry with the irs? >> when we were dating, he did talk about the irs. he just can't like them. >> reporter: but actually, joe's emotions ran much deeper. in the '80s while living in california, he was part of an anti-tax movement, even forming his own tax exempt home church. his run-ins with the irs continued for decades. joe and cheryl got audited in late 2008, and once again, joe was in another battle with the irs. a battle he wasn't going to lose. joe stack started to document what would soon become his suicide mission. he wrote "desperate times call for desperate measures," and violence not only is the answer, it is the only answer. this is what's left of the home that joe stack burned down. is it hard to come back here? >> that's hard to answer. it's not as hard as it was initially. it was really hard rig

. >> cheryl: by the time they opened in 2000. taylor family foundation decided to open it up to all children battling life-threatening conditions for free. >> when they first showed me the property back in the '90s, there was nothing? >> this was a big dirt hill. it was a tremendous amount to think it could happen. >> look at this. it played out. >> it's so much better than i thought. >> cheryl: horseback riding, swimming, smores by the campfires. they have all the usual summer camp activities but it's the campers that make this place so very special. >> taylor fly foundation take birthdays very seriously. we celebrate all of you because you are all that important to us. one, two, three --, ♪ happy birthday to you ♪ ♪ happy birthday to you [ applause ] >> birthdays means a sweet and delicious treat but to kids at the camp it could be a trip to the hospital. >> it doesn't allow me to eat gluten or meat. i found it i had a celiac. if i go to a party and they have cake, i usually have to bring my own donut and cake and cupcake

cheryl played piano, joe played bass guitar. two years later, in a small ceremony in austin, they married. joining them was cheryl's 12-year-old daughter, margo. did he ever talk about how he was angry with the government, angry with the irs? >> when we were dating, he did talk about the irs. he didn't seem so angry, he just didn't like them. >> actually, joe's emotions ran much deeper. in the '80s while living in california, he was part of an anti-tax movement, even forming his own tax exempt home church. his run-ins with the irs continued for decades. joe and cheryl got audited in late 2008, and once again, joe was in another battle with the irs. a battle he wasn't going to lose. joe stack started to document what would soon become his suicide mission. he wrote "desperate times call for desperate measures," and "violence not only is the answer, it is the only answer." this is what's left of the home that joe stack burned down. is it hard to come back here? >> that's hard to answer. it's not as hard as it was initially. it was