i'm ali velshi, and this is "real money." ♪ >>> this is "real money." you are the most important part of the show, so join our live conversation for the next half hour on twitter at ajrealmoney. for the first time in history, the dow crossed the 16,000 mark. capping its fastest 1,000-point gain ever. the market has pulled back below 16,000 at closing, but it has gained close to 22% in 2013. the s&p 500 crossed the 1800 mark for the first time ever before also retreating slightly in the afternoon. the s&p is up more than the dow, almost 26% this year. 16,000 and 1800 don't mean anything in and of themselves, but they give me an excuse to talk to you about your relationship to the stock market. about half of you are invested in the stock market. that means about half of you aren't. stocks and bonds are the most liquid investments americans can make to help build their wealth. everyone with a little extra money should invest. that means figuring out your personal appetite for risk, and building a smart portfolio 06 mutual funds that fit. you can start by a

i'm ali velshi. thanks for joining us. ♪ across america. >> share your story on tv and online. >> hi, i'm lisa fletcher, and you're in the stream. black nationalism. what does it mean now and how relevant is it now. malcolm x and the movement. >> black nationalism was at its height in the 1960's, the movement was malcolm x. this year marks the 50th anniversary of dr. king's

and i'm david shuster in for ali velshi. this is "real money" " [♪ music ] >> this is real money, and you are the most important part of the show so join our live conversations for the next half hour and twitter at aj real money. it is november and every year at this time millions of americans enroll and renew their health coverage provided by their employers for the next year. and every year at this time they get a first glimpse of how much their healthcare costs are about to rise. they saw spending go up 7.3% including the amounts spent on insurance premiums plus all of out of pocket costs. in 2012 this 7% may not seem very much, for example, 33% of household spending went to shelter. transportation took up another 13% but healthcare expenditures as a percentage of overall household spending rose much faster than most other categories. this little healthcare slice of the pie is getting bigger. that trend is expected to continue, especially for the estimated 55% of all americans who get health insurance through their empl

i'm ali velshi. thank you for joining us.

i'm ali velshi. thanks for joining us. ♪ >>> i'm lisa fletcher and you are in "the stream". >>> zombie and disas a disas atr response. what does one have to do with another? well connect the z's. ♪ >>> our dic digital producer is here. we are going to get this out of the way right off the top. being transparent with you all u this is the most self indulgent show ever. >> you are a huge zombie fin

"real money" with ali velshi is next. for updates go to aljazeera.com. >> jpmorgan chase, paying a hefty price for its part in the collapse. also a small city is making a big promise. kids who graduate high school will get free tuition. plus beyond twitter. the search for the next hot tech ipo. this is real money and i'm ali velshi. this is real money. you are the most important part of the show so join the conversation with the @aj real money. on twitter. >>> j.p. morgan disagreed on tuesday, to pay a whopping $13 trillion, $8 billion will go to settle claims made by various federal agencies. another $1 billion will go to five states that sued the bank. but here's what might be the moss interesting part. about $4 billion will go to consumer relief. now of that $4 billion, about half, will go to actually reducing the principal on j.p. morgan-head loans. where the value of the mortgage is higher than the value of the house. some of that money will also be put to restructuring the mortgages to reduce the monthly payments an

"real money with ali velshi" is next. >> let the discounting begin. retailers are desperate to fatten up sales because holiday sales are looking way too lean. why one expert said the consumer landscape is the land of mediocrity. i'm ali velshi, and this is real mone"real money." er >> this is real money. you are the most important part of the show. join us on twitter @aj real money. holiday discounts are here and we're barely into november. even though we have two months to go to buy gifts for christmas, retailers are not starting early just to annoy us. they're genuinely require worrit the holiday purchases. usually big retailers like walmart, target, and toys "r" us are offering holiday deals closer to thanksgiving. but not this year. they started rolling out deals on friday. there are a bunch of things that are conspiring. plummeting consumer confidence thanks to your government that shut down the government for a while, a shorter holiday season, and recent robust sales of cars and washing machines, that might take away from sales from soft line re

i'll ali velshi, and this is "real money." this is "real money." you are the most important part righof the show. join us. job creation has gotten a jolt with job openings and over all hires climbing to a five-year high. i use the word jolt for a reason. it's job open labor report. that's 8.6% higher job openings. this jolt report is important because it's a piece of data that is favored by janet yellen. apparently she likes it because it sheds light on the dynamics behind the more familiar monthly jobs report. that same jolt report, that was job openings, shows the number of hires rising to 8.7% increase from last year. with the private sector leading the way, of course. now apparently employers had been feeling pretty confident about the consumer demand. this is in september. thus they were willing to invest and expand and hire more people to accommodate that optimism. since then we've seen consumer confidence come down fueled by the damaging 16-day government shutdown in october. it remains to be seen whether the momentum was broken or if it con

i'm ali velshi. >> hi, i'm lisa fletcher, and you're in "the stream." enemies of the state or rebels with a cause? we look at computer hacking and what it means for civil society. >> our digital producer is here, bringing all of your live field back in the program. freedom of speech, national security. whistle blowers and criminals and you name it. >> we'll have comments on all of it. but you mentioned

i'm ali velshi. that's our show. thanks for joining us. ♪ >> hi, i'm lisa fletcher and you're in the stream. the fight over washington's football team heats up. our digital producer wajahat ali is bringing in the online opinions. >> do not mess with them when it comes to this topic, check out my facebook page. we have the rec

i'm ali velshi. this is real money. >> this is real money. you are the most important part of the show. join our conversation on twitter at aj real money. it's been a six-year boon for america's corn belt. earlier this month the environmental protection session, the apa, proposed cutting the amount of corn-based ethanol cut into gas that americans fuel up at the pump. this would hurt farmers bottom line. but farmers may have bigger fish to fry going forward. american corn and grain farmers have benefited from rising food exports, very low interest rates, and the government backed drive to produce biofuels. an unprecedented 100 million acres of farmland are now planted with corn including on land that was once marked for conservations in states like iowa and the dakotas. even though exports are expected to stay strong farmers just harvested their biggest ever corn. it has fallen from $7 a bushel in 2012 to almost half that have now. to be fair corn and grain prices shot up last year in part because of a drought. but drought or not, the downwar

i'm ali velshi. this is "real money." ♪ >> this is "real money." you are the most important part of the show. join our live conversation using the handle aj real money on twitter. home prices gaining a whop be 13.3% compared to september of 2012. that's according to the latest sip home price index, the most comprehensive survey of the housing market out there. the last time we saw gains like this was in february 2006 before the housing bubble was about to burst. since then housing has made a spectacular recovery, but homes prices are well below where they were at in 2006. we saw the largest near gains in the west. seeing homes prices shooting up 29.1%. los angeles, san francisco, phoenix, 18.6%. other regions saw big gains, too. atlanta, which was hard hit during the recession saw 18.7%. detroit, 17.2%, and once those hard-hit florida cities saw impressive gains of 15% each. now that's the case schiller report. a separate report put out by the government shows permits to build new homes rose 6.2% in october. that's the biggest jump for permits in f

"real money with ali velshi" is next. and updates at the top of the next hour. >> jp morgan chase paying a hefty price for its part in the financial collapse. we'll tell you how the $13 billion deal could help some home others. >>> also middle class workers getting squeezed by rising prices. >>> and beyond twitter, the search for the next hot tech ipo. i'm ali velshi, and this is "real money." >> this is "real money." you are the most important part of the show. join us on twitter at @aj real money. america's biggest bank makes history by signing off on america's biggest legal settlement ever bin a single entity. jp morgan paid to pay a whooping $13 billion to resolve claims over the sale of toxic securities that helped implode the financial system back in 2008. $8 billion will go to settle claims made by various federal agencies. another $1 billion will go to five states who sued the bank. but here's what may be the most interesting part. $4 billion will go to consumer relief. of that $4 billion, half will go towards act

i'm ali velshi. i'm ali velshi. this is real money. this is real money. >> this is real money. >> this is real money. you are the most important part you are the most important part of the show. of the show. join our conversation on twitter join our conversation on twitter at aj real money. at aj real money. it's been a it's been a six-year boon for six-year boon for america's corn belt. america's corn belt. earlier this month the earlier this month the environmental protection environmental protection session, the apa, proposed session, the apa, proposed cutting the amount of cutting the amount of corn-based corn-based ethanol cut into gas that ethanol cut into gas that americans fuel up at the pump. americans fuel up at the pump. this would hurt farmers bottom this would hurt farmers bottom line. line. but farmers may have bigger fish but farmers may have bigger fish to fry going forward. to fry going forward. american corn and grain farmers american corn and grain farmers have benefited from rising food have benefited from rising fo

i'm ali velshi. thanks for joining us. ♪ check check >>> welcome to al jazeera america, i'm stephanie sy in new york. here are the top stories. >> this is the deadliest series of tornados that illinois has had in the month of november. >> the governor of illinois talking about the tornados blamed for killing eight in the midwest on sunday. there were more than 70 twisters across 12 states. >> in the philippines deaths stand at 4,000. about 50 u.s. navy ships and aircraft are taking part in global relief efforts. video of the deadly plane crash in russia aave been released.

i'm ali velshi. thanks for joining us. >>> charged with murder. police file charges against a man they say killed a t.s.a. agent at pointblank range. plus - suicide bombing. that's what the pakistani taliban promises as they blame the u.s. for killing their leader. >> it was an ambush. we see it as an ambush. >> offline again - the healthcare.gov website is down this sunday as programmers try to make it glitch-free once and for all.

. >> those are the head lines, "real money" with ali velshi is up next. why howard buffet, son of one of the world's richest men prefers blue jeans and a corn field to suits and ties in a boardroom. i'm ali velshi, this is "real money" >> this is "real money", you are the important part of the show. tell us what you think. the roll out of obamacare insurance exchanges is off to a bad start. you know that. newly released documents reveal a handful of people signed up for insurance on 1st october the the day they opened for business. by the second day it was 248. to those that tried and failed to sign up using the government's website, everyone from president obama himself to health and human services secretary kathleen sebelius has apologised for the website's problems and vowed to fix it. we are hearing conflicting reports about what went wrong with the roll out. cgi, the contractor developing the site may have warned the obama administration that it would not be ready tro go live on october 1st. we know the administration says it needs until the end of n

i'm david shuster in for ali velshi. >> this is "real money," you are the most important part of the show. follow us, leave a comment on our facebook page. this week we've told you about the stock markets bull rup, the s&p which mimics the stock holdings gained 26%. the year is not over the the stocks are tearing through a 4-year bull run, a market rallyicing up gains of more than 20%. today's goes back to the market bottom on march 9, 2009. if you invested $1,000 in march 9th, it would be worth, $2,069. no one felt like investing back then. why buy low when everyone was in the market. it's the time to buy, right. it seems that way given how many of you are piling in. investors poured $19.6 billion into u.s. stock mutual funds. the total reached $167, the highest since the year 2000. generally speaking mutual funds are marketed to restale investors, people like you. they are a good way to measure your appetite for the market. 45%. investors say they are bullish on the stock market. according to the latest survey. it is 6 points higher than the long-term average. it makes sense. now t

. >> i'm ali velshi, this is real money. this is real money, and you are the important part of the show. join the conversation. this week was full of economic data, the most important of all was the monthly jobs report. 247,000 new jobs was added in october. that is a lot more than predicted. still a mixed picture because unemployment inched up to 7.3%. it was 7.2. more jabs were created, more people dropped out of the labour force. the labour participation rate. people who were working dropped to 62%, the lowest in 35 years. i asked labor secretary thomas perez why labour force participation drops. >> the best remedy to address this is to grow the economy. that's why the president is talking about investing in road and human capital. passing immigration reform. as we create the jobs coming from the investments, you'll get more people in the workforce. >> what are you concerned about with respect to sequestration, a number of economists say we have not seen the full effect, and a number of economists saying, "we have cut the

i'm ali velshi. i'm ali velshi. this is real money. this is real money. >> this is real money. >> this is real money. you are the most important part you are the most important part of the show. of the show. join our conversation on twitter join our conversation on twitter at aj real money. at aj real money. 's

and ali velshi tonight with the treasury secretary. "real money" tonight at 7:00 pm eastern time and he will interview the secretary of the treasury. i'm del walters in new york city. thank you for being with us. we'll see you right at the top of the hour. ♪ malcolm x and the movement. >> black nationalism was at its height in the 1960's, the movement was malcolm x. this year marks the 50th anniversary of dr. king's "i have a dream" speech, but

i'm ali velshi. . >>> welcome to al jazeera america. here are the top stories at this hour: the uss "george washington" aircraft carrier is expected to arrive in the philippines wednesday night - filled with food and water. president obama ordered two more military ships to the region, their helicopters will be used to deliver supplies and help with evacuation. 22 countries are rushing money and aid to the philippine islands. >>> the face of flying is about to chaining, the justice department signing off on a merger between american airlines and u.s. airways. it will bet world's biggest. >>> two medical organizat

"real money with ali velshi" is next on al jazeera america. >> call it the credit generation gap. young adults struggling with low credit scores and late payments while boomers have their act together. i'll give you the reason. also small banks making a big role in a community. we'll tell but one community bank in harlem. i'm ali velshi, this is "real money." ♪ >> this is "real money," and you are the most important part of the show. join us live reason twitter @aj real money. the national average consumer credit score hovers at 691, like the fico score, the credit score that you're used to, that banks judge your credit worthiness, experian uses a similar credit system. not all generations are created equal. millennials, young adults, age 19 to 29, they have got an annual credit score of 628. that's the lowest of all groups by far before their average debt includes credit cards, car loans, student loans, what's more, millennials have the fewest number of credit cards but they overutilize them buying pizza and beer on a friday night instead of keeping them around for a rainy day.

i'm david shuster in for ali velshi, and this is "real money." >> this is "real money" and you're the most important part of the show. join us on twitter. the troubles keep piling up for president obama and his signature healthcare law. the president is facing a backlash over his plan to extend insurance policies canceled because they don't imply with the affordable care act. on friday executives gathered at the white house to say that his moves would create new problems for the industry and create higher premiums. insurance commissioners grade, and in case you didn't know it, the insurance plans are regulated by the states, not the federal government. but house republicans passed a bill that not only renews insurance plans canceled by obamacare but allow allows issue besides obamacare law. >>> the bill will never see the light of day in the u.s. senate and become law. just in six weeks obamacare law has gone from problematic to chaotic. first confuse over policies up for cancellation. at the heart of the latest issue is why those canceled plans don't measure up to the requirements of

"real money with ali velshi" is next on al jazeera america. ♪ >>> fill her up, gas prices head towards $3 a gallon. plus give ing veterans the weapon they need to succeed in the gi bill. and the efforts to help immigrants stay and succeed in america. i am ali velshi, this is "real money." ♪ >>> this is "real money," you are the most takt part of the show, so join our live conversation for the next half hour on twitter. the national average for gasoline is now 40ing cents lower than september 1st. six states are already seeing their gas prices below 3 bucks. notice they are all in the middle of the country, too. the ones in orange have seen gas prices drop to within a dime of the $3 a gallon mark. gas prices are coming down because the price of oil is falling. on monday oil futures settled at $95.14 a barrel. that is now nearly $16 since the peak. now if you have ever wondered how the price for this, a barrel of oil relates to the price you pay for a gallon of gas, let me break it down for you. according to the energy department in average 71% of what americans paid for a gallon of ga

this is ali velshi, and this is "real money." >> this is "real money." you are the most important part of the show. join our conversation over the next half hour on twitter to use the handle #real money. >>> the government added 204,000 new jobs in october. but don't get too cared away. all these jobs reports are revised after the fact. and we just got the revision for september. it was revised upward. i know you're not getting excited. consumer sentiment is down to its leos point in two years. and concern, is always jobs security. that's understandable like our economic recovery as a whole the october jobs numbers painted a very mixed picture. the unemployment rate actually inched upward to 7.3% despite the number of jobs added. this might have come in lower if not for the hundreds of thousands of federal employees furloughed from their work during the government shutdown. they were counted in the calculation of this unemployment rate. either way ignore this. ignore this every month. more so this month. focus instead on the number of jobs added. i'm not

i'm ali velshi. this is "real money." ♪ >> this is "real money." you are the most important part of the show, so join our live conversation for the next half hour on twitter at aj real money. legend has it today is called black friday because it's the day retailer he's balance sheets went from being in the red, unprofitable, to being in the plaque, profitable. but this year's black friday came a day early with big reta retailers all opening their doors to shoppers on thanksgiving thursday itself. while an estimated 15,000 shoppers lined up outside of macy's flagship store to start shopping at 8:00 p.m. thursday night retailers registered 10 million in store transsanctions between 6:00 p.m. and 10:00 p.m. on thanksgiving thursday, and 400 million page views for shoppers looking for deals on its website. but today america's smalls are e choked with holiday shoppers just as they have been in past years. going to a mall on long island, i see people all around you. >> reporter: well, things are well started to fill up here at the mall. there is a health

then it's "real money" with ali velshi. on august 20th, al jazeera america introduced >> welcome back. a satellite barreled back to earth today, moving over siberia, the indian ocean and antarctica. mapping earth's gravity before it rap out of fuel in october. -- ran out of fuel in october. >> hello again well, haiyan is now a massive thunderstorm across china but we are watching this tropical disturbance now making its way over the area that was mostly impacted by the typhoon. you can see rain showers passing over. no wind damage just rain showers coming down. three to five inches of rain across this region as it makes its way north northwest. the heaviest rain over the islands in the next 24 and pass into the south china sea. >>> you can see the showers of snow pushing through parts of chicago right now, take a look at the current temperatures. minneapolis is at 24°. let's go close are in and see fargo, 17° there. this has been a major change in the last 24 hours. you can see fargo is 11° colder than what we saw yester

i'm david shuster in for ali velshi. thank you for joining us, everybody. . >>> welcome to al jazeera america, i'm morgan radford in new york. the death toll from typhoon haiyan has now reached more than 4,000. the u.s. military has airlifted thousands of people stranded by the storm as damage to the country's roads is slowing down the delivery of relief supplies. >> another below to president obama's signature health care law. 39 democrats broke ranks on friday supporting a republican bill allowing americans to keep health care even if it doesn't meet the health care standards. >> formal charges have been filed against a michigan

i'm ali velshi. thanks for joining us. ♪ >>> welcome to al jazeera america. here are the top stories at this hour: boeing machinists rejected a contract proposal that would have assured the company's new line of jumbo jets would be made in washington. union members with calling for a no vote did so because of a push to end the pension plan. >> according to the first official members only 106,000 people enrolled for health insurance during the first month. the website has been plagued with problems. the number is a fifth of what the obama administration projected. >> in camp pendleto

ali velshi. if i am a regular investor how do i get a slice of twitter? >> tweet somebody. i'm not sure a regular investor should get too close. i was expecting to be talking to you about the price of twitter. there is no hard and fast rule about when the stock prices before the ipo but we have been expecting this coming on to an hour now. we have not heard what the price of the stalk is going to be. twitter said it would come out. this is not for you and me. this is for investors who get in on it prior to the ipo at a price between $23 and $25 a share. and it went up to $25 to $28. we should know what it's going to open at, and we don't know that yet. number one, there will be investors saying what's up with that? why is there delay? we've had problems with ipo, including facebook. that's one red flag right now. as a on a as we get this news we'll bring it to you with what is going on with twitter. but tony, i would say this to you, i don't typically recommend that individual investors italy wit

on friday i'll show how to built an investment portfolio that pits your appetite for risk, i am ali velshi, thanks for joining us. ♪ ♪ >>> hi, i aim lisa fletcher and you are in "the stream." suicides and accidental precipitation overdoses are alarmingly high in the u.s. military. is indies cell natural dispensing of painkillers and psychiatric drugs to blame? ♪ ♪ >>> could the military have a drug problem? the he is department of defense spends billions of drugs to treat mental illness and reduce pain, in fact a recent report by the department of veterans affairs found that v.a.

i'm ali velshi. thanks for joining us. ♪ uncovers unheard, fascinating news stories? it drives discussion across america. >> share your story on tv and online. >> san francisco from trendy restaurants to coffee shops and. a thrivingit

for more we turn now to real money's ali velshi. >> reporter: david, i'm exhausted with all the references to the 73% gain in twitter stalk. find me someone who was able to buy the stock at $26. most people are not institutional investor. if you're not a high roller or institutional investor you bought it at the market price. that meant many institutional high rollers who got a piece of the ipo dumped it on you and scored a sweet gain of 73%. that means your loss was .5% since the stock closed lower at 4$44.90. this is not a commentary on twitter. it's not. this is a commo common tear on . twitter has millions of active users but losses in the first nine months of this year, and one analyst has already downgraded the stock. a guy name brian wiser of profittal research said to justify a price of $45 a share activity would need to generate $6 billion in annual revenue b by 2018. this year's revenue is expected to be a tenth of that. the question is whether twitter is the exception to pretty much every rule of investing or whether it's a sign of a tech public. the s&p 500 jumped 24% for the y

ali velshi will be talking about that--wait, what is that? and what does that have to do with the jobs report and the jobs number? >> reporter: you didn't know about this. i'm going to tell but this in a second. just remember to ask me. i thought you were going to like that, toniy. we're looking at 120,000 to 140,000 jobs. but the number comes out this morning, 204,000. every month they revise the two months prior and we saw an increase in august and an increase in september adding up to 60,000 more jobs. 80,000 more than we wanted for october. and an extra 60 over the prior two months makes the job situation look a lot better. that's the good news. the bad news, tony, unemployment ticked up to 7.3% up from 7.2. why? because a lot of people left the job force. we have labor force participation rate, the percentage of people who could be working dropped to th. dropped, but the mixed picture in the jobs force is that we're not keeping up the pace. >> every time we get new data, i have to ask you what do these numbers tell us about the health of

ali velshi, how significant is this fine? >> well, it's a big deal. $1.6 billion there's never been a settlement. 1.6 billion, another $6 billion in other fines. sac stands for steven a. cohen, the man who found he it for $25 million. they charge one of the highest fees in the country, average returns of 25% a year. unheard of. they once had as much as $14 billion under management. by the way these were the big investment houses. they have all pulled their money out. it is no longer allowed to manage money for pension funds endowments and wealthy people. steven cohen forbes put him at last count at $9 billion. it is a very big settlement as far as settlements go but sac was a very big company. >> ali you are looking at big economics numbers. >> this is a big economic week. gdp coming out for thursday, the three months ended in september. unemployment for october coming out friday. both those two reports are backward looking, right now the people are concerned about what the economy is doing. and the reports are skewed because

let's get to ali velshi with all of this. ali is the host of "real money" coming up at the top of the hour, and a lot of this i understand may have been driven by some encouraging jobs information, is that correct? >> reporter: i couldn't tell you every day there is a new record on stock market i just run the tape from yesterday's conversation. this is not live. so i can't tell pup we just run you.we just run a tape. we never talk about this. we've known each other for many years, and we never talked about jolt. jolt is a measure that is used to job openings, and overall hires. it stand for job openings and labor turn over. it's in an official report, and it shows employers before september were enthusiastic about hiring and job openings. it was 8-point% higher than last september. the number of hires in america, 4.6 million in september, that's 7-point higher than a year before. we get the regular unemployment rate and these take a little longer. we just got this information for september. and it shows employers were actuall

ali velshi will talk about that and other things. >> reporter: can we talk about my mayor instead? >> i was going to ask you. >> reporter: let me tell you, tony, i think you know i'm canadian. i'm from front. >> toronto. >> yes, i do. >> reporter: when i was younger you could not get a drink on a sunday, and now the mayor--more has changed there than any other place, and he is a representation of all that has changed. what has not changed are stock market records. there are some sign that says when tony and ali talk about the stock market every day one should be concerned. i talked about it yesterday on my show. i talked to you about it, and there are all sorts of people watching who are thinking, what am i supposed to do? that chubby bald guy is telling me not to buy stock, what am i supposed to do? we're going to talk about how to get into your 401k, and make changes so you're not a sucker and you get all this run up and when the market decides to turn south, you don't get caught holding an empty bag. that's the issue. what do you do? there is not enough to know that the stock ma

he's sitting in for ali velshi on "real money." good to see you, david. how high can healthcare costs actually go? >> there are estimates that the premium folks will pay is 7% more. the key here is for employers, something like 155 million of us who get our health insurance through our employer. that's who we're talking about. the employer, some are facing the option, do i pass the cost on. do i cut off the number of dependents that we're going cover. we're going to look at that and the other problem here are healthcare costs are occupying a larger piece of the pie in terms of overall expenditures. healthcare costs is getting bigger and we'll talk about the impact its haling on our family. >> what about household buckets. budgets. >> it means less money for transportation and foods. it means people are having to change their choices. wait a second, i thought healthcare costs were supposed to start coming down, and they have the last couple of years, but there is every indication now that the are reason the healthcare cost versus been slowing is because of

i'm ali velshi. i'm ali velshi. that's our show. that's our show. thanks for joining us. thanks for joining us. ♪ ♪ check check >>> welcome to al jazeera america. i'm stephanie sy, here are the top stories we are following at this hour. >> it's black friday. more than a dozen mainlyingor retailers opened a day earlier. kmart started sales at 6am on thursday, giving some customers a jump start on the holiday season. it meant tens of thousands of retail workers spent the day at work. >> pizza hut offered to reinstate the manager forced to stay open on thanksgiving. the company responded when their facebook page was flooded with angry comments. >> tony rohr said he didn't want to make employees

ali velshi is going to be talking about all this and the dynamics of it. ali, so stocks are rising, isn't that a good thing for the ordinary investor. >> reporter: it's a great thing. but i keep telling them and i deep talking about a new record. we've seen 30 of them in the last couple of months. one has to wonder if enough is an enough. this market generally speaking has been on an hour had-year eighth-months run when it bottomed march of 2009. it has steadily moved upward since this. this is a long bull market which means 20% increases or more. we've seen 24% this year alone. and the problem, tony s not that markets go up and going down. because going down gives a buying opportunity. the problem is people pipe on, the more i talk about how it's a new record, we have more evidence that people put more money in october than they have in years in stocks and mutual funds. that's where i want to drill down on this and say, guys, just know what you are doing. just because everybody else is in there, it doesn't mean that you should be. >> there is a lot of air

i asked ali velshi where exactly the money is going. >> about 8 billion dollars is going to settle claims made by four separate federal agencies. this is a bunch of deals all in one. another 1 billion dollars is split between the five states that sued the bank, new york, california, illinois, massachusetts, and delaware, but the interesting part, and this is a first, jpmorgan agrees to pay out 4 billion dollars as relief directly to consumers. >> will consumers see any benefit from this deal or not? >> yes, about 4 billion dollars is being paid to consumers, about half of that is going towards actually reducing the principal on jpmorgan held loans where the value of the loan is bigger than the value of the house. some of that will go towards restructuring some mortgages to reduce the monthly payments. that's 2 billion dollars. and some will go towards subsidizing new mortgages for low and middle-income borrowers, and some may go to cleaning up properties in distressed areas. >> so is this the end of the legal action against jpmorgan? >> it may not be, because there is one criminal case un

ali velshi will be talking about this and much more on "real money." ali, i don't know that we've been pictured in the same place at the same time. >> this is very strange. >> on this historic day, what exactly did jp morgan do and what is this fine they have agreed to pay. >> this has to do with banks that jp morgan acquired at the height of the financial crisis and the wrongdoing of those banks. but it doesn't matter. once you buy those banks, you buy their wrongdoing, and that's what they're stuck with. it's a bunch of deals under the auspices of the department of justice. $8 billion goes to four different federal agencies. $1 billion goes to five states including new york and california, illinois, massachusetts, and delaware that sued jp morgan, and $4 billion--and this is a first--will go directly to consumers. i've been hearing from people, well, consumers aren't going to see any of it. in fact, consumers will get a benefit of $4 billion. >> how do consumers sign up with that money? >> it has to do with what the impact was on you from the financi

i'm ail ail ali velshi, and this "real money." >> this is "real money." you are the most important part of the show. join us in the next half hour on

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