Offer from michael dell but the question is will shareholders agree when that vote is taken, now schedule not from today but for a month or so from now and escaping the group. A now power lunch production profiling men and women who have had it with their day snobs. They are instead finding ways to to cash in big time. A great story, ty. Cant wait to sayre that. Lets look at the back of the not so super jobs report and what its going to the market. Dow jones industrial average off about 17 points, s p 500 down a fraction trying to edge towards the unchanged level. Nasdaq positive and the russell 2000 down just a fraction. The gold market last i checked turned mildly positive. Brent crude trading down half a percent and the yield is 2. 62 but the yield has been all over the map. Lets explore the benchmark tenure. Lots of ups and downs, traders committing and taking it back and recommitting. Lets see what will happen over the weekend starting with bob pasini right on the chart. Its amazing. We were 2. 75 yesterday so if youre trading that its it has been a frenetic week. And i think a lot of people got caught because the whisper number on the nonfarm payroll was 200,000 and above and im surprised the market is holding up so well. Take a look at Dow Jones Industrial average. If it wasnt from chevron being down wed be well into positive territory. Big disappointments in the oil names. Refiners, problems with the refiners, refining capacities in the last couple of Earnings Reports, so all the refiners are to the down side. Big oil is disappointed simply because theres been refining problems and royal dutch and exxon and chevron and bp have all missed and missed notably in the last couple of days. Semiconductors, downgraded the whole sector to neutral. And not just pc demand. They say high end smartphone sales may slow down so some of the big chip names, downgraded broadcom and everybodys favorite qualcomm on the upside and finally, sue, youll notice, the vix is collapsing here. Right. Down 12, the lowest almost 7 . March was essentially a sixyear low so were sitting right near the bottom. Makes me a little nervous. The value of that vix is not so great anymore. I know, thats what im saying. I dont think its reflecting what the market is really feeling so thats a whole other discussion. Lets talk about the weaker jobs report that pushed the stocks lower. Is the economy being overrated . Are investors expecting too much and James Bullard, st. Louis fed president , said the committee needs to see more data on Macro Economic performance for the second half of 2013 before making a judgment on the taper. Lets bring in Kenny Polcari along with tyler, and in washington bill rogers joins us again, a professor from rutgers and former economist at the labor department. Welcome to you all. Kenny, ill start with you. I want to take off on mr. Bullard because thats really the newest new peg to the market. Goes right to the point. Hes right. Need to see more data. As much as we continue to think its starting to turn and in some points its starting to turn but this was a big number and big miss. The whisper number was plus 200,000 so plus 160,000 is not the worst thing in the world but not the number the fed needs so once again it pushes that whole september conversation back which is why you said the market is not collapsing a little bit more because people are once again security ben is not going anywhere. Fed chief is here to stay. Id like to git get professor rogers into the conversation here and lay out a hypothesis and that is the economy is roughly stuck in the monday. As i look at the jobs numbers this morning i see sort of two economies, one that is that is thriving reasonably well and another that are having to take parttime jobs, lowpaying jobs in retail and food service and a lot of people dropping out of the labor market and in and economy where you have so much of our shared prosperity depending on all consumers having money to spend, this doesnt feel like what were seeing. What do you think . I agree with you. The way ive been describing this economy or recovery since february 2010 when we began to have private sector job growth its a pothole recovery, if you have education and the Strong Networks and live in the right communities you can prosper and do well in this kombu if youre in a community where youre seeing large suits in education and training and other social investments and jobs arent growing youre hitting the pothole and also were stuck in the mud. Like a 5050mileperhour economy. A little bit of rev up that we might continue to accelerate but clearly thats that wasnt the decision this month. Theres a lot of talk from guests that we have on that say the economy is fundamentally changed, that the jobs market has fundamentally changed, that were not going to see a large number of the jobs that were lost ever come back and we need to get used to a higher rate of unemployment bows those who are not skilled are not get jobs in whats eventually, you know, a changed economy. Think about that for a second as we go to a market plash. Were watching illinois toolworks. We have a nice intraday pop. Giving more back to its shareholders, declares a dividend of 42 Cents Per Share. The board also authorizing a 6 billion Share Repurchasing Program and you can see the move in the stack. Itw up about 20 this year. Im going back to the professor because you got an extra 30 seconds to think about that but what do you make of that hypothesis . I think its interesting. Weve been into 20, 30 years of the structural change where, you know, technology and globalization have basically they rewrote the rules of how we work, where we work and with whom we work and weve had the recession where i think, you know, players had really ramped up and pulled back and now waiting for the consumers, 70 of the income to take off again to where they are willing to raise hours of employees and also instead of hiring temp workers andport time people and move them back to fulltime, but you are right. I do a lot of work with the free landers union out of new york and their membership, the Fastest Growing union that theres a structural shift and were seeing more and more people into this economy. Does it mean we need to reright the social contract, workers used to share in the growth but in the last 20, 30 years, that is broken. Getting productivity growth but not wage growth and thats part of the resentment out there. What do we do about that . To answer your question. Sequestration and hitting the budgets with a big hammer in across ott board cuts, that was wrongheaded. The National Council on nonprofits, they have canvassed and surveyed the 50 states and looked at sequestration, and one of the programs thats taken the biggest hit is head start and nobel economists in chicago have found and done research and showed, that you know, amazing economic returns. Head start is a program that provides Early Childhood development for low minority children. Have cuts, lower jobs, and youll lower productivity in the final and the final of the other piece is it centers around institution, Public Policy and even the Federal Reserve said fiscal policy is contributing to some of the slack in the economy, that, yes, we can have rages growing but we need the federal government and Public Policy to help al gate those rages. Thanks very much. Professor, kenny, bob and sue. Well see you in a couple of minutes and when it comes to jobs. One key sector were watching is defense. In a year its up about 53 , but what about the jobs in that sector . Half. On pearson with more live in washington . You have to go inside the numbers but were starting to see concrete xemples of the sequester impacting private sector jobs. Nonauto transportation equipment manufacturing, which includes aerospace and ship building, was down 7,000 jobs last month. Now, remember, private employers dont have the luxury of furloughing workers. Weve been in contact with defense contracts who have had contracts cancelled and had to lay off highly skilled workers and risk losing them to competitors and part of their revival strategy also includes hiring more parttime workers to control health care costs. Starting to see the imprint of both obama care and the sequester. The people moving from fulltime employment to parttime for furloughs are really picking up right now, all kinds of anecdotes in the contractors to the defense try. Economists and analysts who track defensesensitive try bay beginning in the spring we started to see a slowdown in job growth while the rest of the economy was in fact trending upward. Tyler . Thanks very much. Lets go to the story that keeps on giving. Dells stock up today after the board approved a better offer from michael dell and his partners silver lake. The stock is up 5. 5 over the last week but is it really now a done deal . Josh lipton watching it all from the market desk. An agreement has been reached with the buyout group led by ceo mike dell to purchase the company for 1375 per share, the group tacking on a onetime shareholder payout of 13 Cents Per Share which michael dell is personally purchasing. We are pleased to have won another battle in the dell war, said carl icahn, but the battle itself is over. More to follow, says mr. Icahn. Shareholders were scheduled to vote this morning on a lower offer to buy the company for 1,365 per share and now shareholders who only stock as of august 13th will be eligible to vote at a september 12th special meeting on the new deal. Brinkler international bigger on the week and the gains came own though the company missed on revenues. If theres no deal in about three and a half house, cbs and showtime may be turned off to the millions of people who subscribe to twc, Time Warner Cable, and the bear so many people are talking about today. See what this i gos been up to when power lunch rolls on. These are smart animals there. Golden opportunity sales event and choose from one of five lexus hybrids thats right for you, including the lexus es and ct hybrids. This is the pursuit of perfection. [ male announcer ] come to the golden opportunity sales event to experience the precision handling of the lexus performance vehicles, including the gs and allnew is. This is the pursuit of perfection. Shares of dish are losing ground earlier in todays trading session. They have just ticked into the green. Its customers in 36 markets were blocked by raycom media from accessing various local television channels. This is all over a dispute in transmission fees and dish accounts for a full 15 of raycoms viewers. Dish stock is up 22 for the year and raycom is privately held and the cable space is moving on some takeover talk. We begin with reports that Charter Communications ant privately held Cox Communications have held merger talks. Thats moving charter to the upside by better than 4 today. Time warner has been losing ground on the perception that it will be left out. Previous reports had liberty media, which has a 27 stake in charter, interested in merger. Speaking of cable, problems of its own, time warner and cbs still facing a following. Reporter 3 million subscribers in new york, los angeles and dallas could lose access to cbs and showtime. Now, cbs shares have shot higher since its Earnings Report on wednesday. During the Earnings CallCeo Les Moonves defended the companys position saying, quote, we think he who has the most eyeballs should get paid the most saying, quote, there are hundreds of channels but most people are watching 10 to 15 of those and were one of those. In many homes were number one. On time warners cable call, the incoming ceo rob marcus shot back saying were very focused on assuring we obtain reasonable pricing for the programming our customers value so that we can ensure that they can pay reasonable prices for our video services. Now while cbs wants to be compensated for its ratings, Time Warner Cable is afraid that passing along higher prices would send subscribers running and higher prices hurt Time Warner Cables results this past quarter so, sue, if theres a blackout nobody wins and the block is tick. It sure, is julia. Thank you. Hot ipo to tell but today. Control4 shares up almost 23 . This helps turn your humble home into a smart home. Are you turning your home into hackers . Control4s ceo joins us and if a piece tur was found liable for defrauding investors. What this big win for the s. E. C. May mean for Hedge Fund Titan steve cohen and then theres this guy, the bear. More power lunch in two minutes time. Customizable charts, powerful screening tools, and guaranteed 1second trades. And at the center of it all is a surprisingly low price just 7. 95. In fact, fidelity gives you lower trade commissions than schwab, td ameritrade, and etrade. Im monica santiago of fidelity investments, and low fees and commissions are another reason serious investors are choosing fidelity. Now get 200 free trades when you open an account. Humans. Even when we cross our ts and dot our is, we still run into problems. Thats why Liberty Mutual insurance offers accident forgiveness with our auto policies. If you qualify, your rates wont go up due to your first accident. Because making mistakes is only human, and so are we. We also offer new car replacement, so if you total your new car, well give you the money for a new one. Call Liberty Mutual insurance at. And ask us all about our auto features, like guaranteed repairs, where if you get into an accident and use one of our certified repair shops, the repairs are guaranteed for life. So call. To talk with an Insurance Expert about everything that comes standard with our base auto policy. And if you switch, you could save up to 423. Liberty Mutual Insurance responsibility. Whats your policy . Otherworldly things. But there are some things ive never seen before. This ge jet engine can understand 5,000 data samples per second. Which is good for business. Because planes use less fuel, spend less time on the ground and more time in the air. Suddenly, faraway places dont seem so. Far away. Welcome back to power lunch. Im josh lipton. We were just talking with carl icahn on twitter giving his views on dell. Now mr. Icahn is out with a more full statement. Let me read it to you. Mr. Icahn saying in every war there are many battles. We are pleased to have won yet another battle, but the war regarding dell is far from over. Through its actions today mr. Icahn is saying the special committee has finally acknowledged publicly what weve been saying all along, that michael dells value substant l substantially undervalues the company. Mr. Dells previous characterization of his offer as best and final was neither. However, icahn saying we are not satisfied. The annual meeting will be held on the same date and time and record date for both meetings. Tyler, back to you. So the war indeed does go back on. Josh lipton, thanks very much. The bulls have been in charge on wall street and. Lock at that stuff. He can sit down for a table of two and sit mrs. Bear down. This is a very enterprising bear. Home startup control4 began trading on nasdaq under the Ticker Symbol ctrl. 64 million raised, offering 4 million shares and pricing at a midrange of 16 per share. The Company Makes software which connects lights, door locks, video cameras, security systems, and right now you can see the stock is up 23, almost 24 , 1982. First on cnbc from the nasdaq is control4s ceo martin plane. Welcome and good to have you with us and congratulations on your debut. A very exciting day for you, im sure. Thank you, tyler. Its a very full day for the control4 team. Were excited about the big opportunity that we have to bring the connected home to tens of thousands of consumers throughout the world. What do you use the money for . Were the leader at bringing the operating system of the home to the market. We are continuing to invest in our platform and our distribution. We see a big opportunity ahead and improving our products, expanding our product line and expanding our Distribution Channel are all priorities. Are most of your products in newly constructed homes and if so at what price point do the products usually sell . Well, our Business Today is largely existing homes for existing families. We do have about 30 of our business that is driven by new homes, and they range from custom homes of midrange to very high value, and were also seeing national and regional Builders Building homes that are for middle class mainstream couples and families in which they are putting control4 equipment into them. Some people, you know, love these systems. I imagine many more of us will find them as part of our futures as we we try to become more Energy Efficient and want to operate our devices off of one Central Control and maybe by our cell phones, but there are some individuals who are worried about security, that hackers could actually break into the codes that operate these systems in the home and come into your home and cause mischief or steal things. How do you answer that . Well, security and privacy are very High Priorities for the control4 team, and we publish best practices. We have a secure service so that consumers can access their homes via a very secure mechanism. Were constantly looking out to make sure that our customers have been safe with this experience. Congratulations again on the ipo today and continued good fortune to you. Thank you very much. Youre very welcome. Some dovish remarks from the st. Louis fed president James Bullard about the tapering and economy. Steve liesman has some details. Hi, steve. Tyler, the first fed guy out of the box since the meeting to give remarks, and hes suggesting the fed needs a little more data before it starts tapering. I wanted to read you the quote from his comments, quote, the committee needs to see more data on Macro Economic performance for the second half and before making a judgment on this matter, the matter being tapering so no immediate action. James bullard urging caution based on policy action based on forecasts rather than what the data is saying right now. Many factors are slowing the u. S. Economy, and he says he had been too optimistic in the past and so a little reluctant to be too optimistic now. Tyler . Lets go down to the nyse. Sue is down there talking to traders. But let me ask you a question, steve. Does the data that came out today suggest that the fed may not start tapering until later in the year . There have been all kinds of talk it would be september. Whats your thinking now or the thinking youre hearing from your sources . I dont believe it was definitive either way. There was hope threat be plus 200 or minus 900. I peel like its in the netterworld. You have the declining Unemployment Rate that gets the fed closer but relatively weak job growth and the internals were not encouraging, wage growth and the hours per workweek was not terrific. Sue . Id like to pose the same question to you that i did to the professor that we had on earlier and that is weve seen a lot of changes in the economy since 2008. Companies are doing more with less and the job structure seems to have changed. People working one or two jobs instead of one better job, you know, with benefits. Are we looking at a fundamentally changed economy and does that mean we might never get back to those better employment numbers . I hope thats not true. I dont think thats the case, sue. First of all, recessions tend to accelerate trends and i think were at a trend of more efficient companies, companies doing more with less, so i think the recession accelerated that. We cannot know, and it would be an amazing amount of hubris to suggest that you know what the jobs will be in the future. It would be like being in the 19th century and saying at the end theres no more horse and buggy business. Were in a very particular time, sue, where we dont understand the impact of productivity on job growth. We used to think it created jobs but it might not. Having such a minimal impact and some have said the halt in the rise in the rates is why markets arent rising more rapidly. I think we need more data points for august until people think theres an economic slowdown going on and most of the traders i talked to say the data is getting incrementally better. What do you think . If you put that chart back up, that 160 to 260 move, thats 100 basis points, and thats telling me the bottom market is priced in with some movement pretty soon by the fed so im saying 2. 70 the taper is on. Show me 2. 25 and ill show you a attorneyyear thats priced out to taper in december. Good place to leave it. Thanks, everybody. Appreciate it. All right. To the gold market right now. Prices are closing and Bertha Coombs is tracking the action at the nasdaq. Gold is closing pretty much flat and did back up around 1,300 overnight low and the jobs report being weak and while fund get back into gold. Golds etf is at a fouryear low in terms of holding. The commodity of the week is copper. Weve got the good pmi numbers out of china. China now with its first weekly gain in four weeks. Back to you. What a wild, wild week it has been in the bond market. Rick santelli tracking the action at the cme. Ricky, over to you. Wild is okay sometimes, sue, because the market is trying to handicap whats going on in the economy. Many could argue that the markets been taken over, but today you would have never known it. We get a weak report and yields moved out. Makes perfect sense, whether you look at the intraday or open it up to about midjune, the key is still the same technically. Remember, a couple of points. The lump side of that chart, the one high, a 261 yield close. Right where were at, a key technical area. On the bigger picture. Well, the bigger picture, still up on the weekly close last week. The dollar index moved down and rates moved down. That makes sense and if you look at the technicals and the dollar index, still rather spongy, especially under 81. 50. Tyler, back to you. Actually, rick, ill ill take it so much. The case against s. A. C. Capital may hinge to some extent on richard lee who was hired by s. A. C. After being fired from a new job at credit dell. Pet Peter Lattman joins us now to tell us more. Hes had a significant impact, sue. What happened here was not so much what he did at s. A. C. But before s. A. C. At citadel on his first day on the job running a trading desk he went into the Accounting System and mismarked his book and improved his p l by about 4. 5 million. They caught him and fired him the next morning. Whats interesting about that. A year later he was hired by s. A. C. Capital management. He was employees by a sit sell employee that cook was the a bad game. The now know that steve cohen will be liable for the charges brought by the government against him so that will strengthen the governments case against him. Its interesting. Every bank is still trading with s. A. C. Capital, very much . Business. Its a solid trading partner even though its operating under indictment and yesterday the ceo made an announcement and this came on the same day that Fabrice Tourre was found guilty of stealing from investors. Peter, a great article. Really enjoyed reading it. Thanks for joining us today. Ty, up to you. The u. S. On high alerts. A slew of u. S. Embassies will be shut this weekend because of terror threats. A new and pretty scary warning to any american, any american traveling anywhere abroad but especially in the middle east. And a huge volcanic eruption happening right now. Look at those pictures. More incredible images next. A quarter million tweeters musicare tweeting. Eamed. And 900 Million Dollars are changing hands online. Thats why the internet needs 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 going to be big. Its time to build a better enterprise. Together. Thats not much, you think. Except its 2 every year. Go to etrade and find out how much our advice and guidance costs. Spoiler alert its low. Its guidance on your terms, not ours. Etrade. Less for us. More for you. And i have a massive heart attack right in my driveway. The doctor put me on a bayer aspirin regimen. [ male announcer ] be sure to talk to your doctor before you begin an aspirin regimen. Go talk to your doctor. Youre not indestructible anymore. [ male announcer ] you wait all year for summer. This summer was definitely worth the wait. Summers best event from cadillac. Let summer try and pass you by. Lease this cadillac srx for around 369 per month or purchase for 0 apr for 60 months. Come in now for the best offers of the model year. Welcome back to power lunch. Im josh limiton. We are watching the did i injuriesified manufacturer now near session lows. Reports disappointing quarterly profits and also cuts the top end of its fouryear earnings outlook, talking about slower Market Growth and eden down more than 6 right now. Tyler, back to you. Josh, thank you very much. Eruption in mexico, the volcano, 40 miles south of mexico city spewing ash, gas and steam and scientists monitoring the volcano and calling this an eruption of moderate intensity. Hate to see one of large intensity. Volcano has been active for 500,000 years and here she goes again. Sue . Wow, amazing video, ty. Were following a developing story. The state department issuing a Worldwide Travel warning for u. S. Citizens, namely concerning travel to the middle east and north africa. This as the state department shuts u. S. Embassies in middle east countries due town specified threats. A report now from cairo with the very latest on this story. Good evening, yousef reporter Worldwide Travel alert coming on the back of concerns that attacks would intensify and possibly some attacks in the month of august. Again, that comes on the back of the closure, the decision to close several u. S. Embassies. In fact most embassies this part of the world on sunday. Theres still a working day but not shower we know how long the threat will last. The state Department Said they should initiate preliminary steps as a precautionch the Worldwide Travel alert expires on august 31st and you can see a flurry of activity from the u. S. State department and theres a question of whether there would be any disparities in the way they deal with this from country to country, and, remember, that these u. S. Embassies are very heavily fortified, be it in riyadh, bahrain or here in cairo. Of course, investors will have a very cool sign on this, the region as a whole, very Important Oil producers and oil exporter as well, and perhaps keep in mind that sunday is president obamas birthday and also we have the event of the inauguration of the iranian president. Those are some events well watch out for and, of course, protests continue here in cairo. A lot of cross currents this that part of the world. Thank you very much. Local governments gone while. You wont believe some of the words on the list and a good oldfashioned debate on the floor. And while Many Americans cant wait to return, its seems like the rest have to sided to stop working. This is actually not about the money but something else. Well tell you what it is that keeps the wealthy working coming up after the break. Including the es and rx. This is the pursuit of perfection. announcer scottrade knows our and invest their own way. With scottrades smart text, i can quickly understand my charts, and spend more time trading. Their quick trade bar lets my account follow me online so i can react in realtime. Plus, my local scottrade office is there to help. Because they know i dont trade like everybody. I trade like me. Im with scottrade. announcer scottrade. Voted best Investment Services company. And you wouldnt have it any other way. E. But your erectile dysfunction you know, that could be a question of blood flow. 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Ask your doctor about cialis for daily use and a 30tablet free trial. Golden opportunity sales event and choose from one of five lexus hybrids thats right for you, including the lexus es and ct hybrids. This is the pursuit of perfection. Welcome back to power lunch. Im josh lipton. Look, its friday. Its summer. Rumors abound. Heres one. That carl icahn is taking a stake in hewlettpackard. That one making the rounds today on the street. The stock up 40r than 4 on that rumor, but we are here to tell you that is not true. From sources cnbc has learned icahn does nat in fact share stock of hewlettpackard. Coming up on street signs. Thanks very much. After stock is up, housing up and is it fingto smell like 2006 all over sfwen . The millennials, they love to switch jobs, and well tell you just how much those changes are costing your company, and the hottest smartphone maker in the world right now is not apple or google or motorola, its not nokia. Well you what it is. Democracy at work in taiwan this, morning a debate on a referendum to build a new power plant went haywire. There you see them duking, water, theres the water. They are argue the now. One said thailand is prone to earthquakes and building a new plant could be dangerous and the other said eneed the choice. The wealthy say they want to keep going, why . Were hearing all the time americans cant akois they cant afford to. Nearly a f 15 of the top earners say they never plan on retire but most of those earners less than 100,000 and they plan to retire before 65. Why arent the rich retiring . After all they are the group that can afford to stop working, but most of these top earners are entrepreneurs. They are more likely than any other group to credit hard work for the success and they like to take risk. As entrepreneurs, however, their life is their company and their company is their life. To them its really not work. Its fun, what they love to do. Lets think of john malone trying to shake up the cable industry at 72 and steve wynn overseeing his giant casino at 71. Nobody at braurs the 0 is the new 60. Rupert mur do, all of them up in years. They dont have much life beyond the company. The great part is they lost company so much which is great for jobs and the economy. Robert, have a great weekend. Thank you. Robert frank, great reporting. Sue, down to you. Speaking of jobs, if youre job hunting while at work youre not alone and soon you may not be able to say a lot of things in seattle. Plus from lawyer to legos, how a man who could not read another legal document took a big risk next on power lunch. The premiere of escaping the cube, stories of professionals who left the cubicle behind. Well, if you hate your job, youre probably not alone. What are you doing about it . Answers in a new power lunch production, escaping the cube. I had to go up to the 42nd floor in the Corner Office and tell the partner i work for that im leaving the practice to go play with toys. Hi. Im nathan, and im a lego brick artist. But i used to be a lawyer. I was doing corporate law, m a and securities, very exciting stuff. I was working on billion dollar deals. These were huge transactions which to some very exciting, but i wasnt i wasnt fulfilled, and i needed something else, so i started creating, you know, little sculptures here and there at night while i was still working as an attorney. Im outlining this one for actual bricks. I put a website together that had really got attention around the world from random folks who enjoyed lego art, and thats what led to people actually paying me to create artwork out of legos. When my website crashed from too many hits i realized its time to make a change. I worked in the metlife building and i had to go up to the 42nd floor in the Corner Office and tell the partner i worked for that im leaving the practice to go play with toys. It really was a result of making the transition in my life. I had a lot of people who were telling me no, youre crazy. Youre making a mistake and it frustrated me. It was a bit liberating and also a bit scary because i was going from a sixfigure salary to a lifestyle that i didnt really know how it was going to work. Would i be able to pay rent . I let my legal license expire so that it would be kind of a kick in the pants to make sure i gave all my effort to this new endeavor. Its surreal at times when i see people lining up at the door to get into the exhibition. The way he creates three dimensionality with lego is mindblowing. The whole goal in what ive done is really pushing where a lego can go. Where else can we take lego . Now im experiencing with photography and these days financially im doing better than when i was a lawyer so it was the right decision. Fantastic story. President clinton, andre agassi and donald trump have all had lego sculptures made for them, and some of these works of lego do go for six figures. Ty, im going to pay real good attention to when my son daniel plays with his legos whether or not we can train him to do that. Good idea. Power rundown, jane wells is on board and in seattle allison lynn who wrote an article called job hunting at work, youre not alone. You wrote that more and more people are looking for jobs while they are employed on company time. Yeah. I guess can you look at this two ways. One, its really rude and a faux pas, and the other is people feel more confident about their job prospects. Exactly. More jobs out there and more people are saying ive been here five years, maybe they havent had a raise, natural more people will start looking around when the job market gets better. Jane wells seems to be taking a call there. I want to send my resume to the lego artist guy. Kidding, okay. Heres the deal. When are you supposed to look for a job . The hr department, and by the way, ty, when is the new boss looking to find your replacement, after hours, no, i dont think so. Interesting thing. I guess a lot of people look for jobs in their time at work. Lets move on to another one. The United States post office wants to deliver booze. The cashstrapped Agency Thinks it would make up to 50 million a year on such a service if it werent illegal. Jane 1234or . Finally a reason finally a reason to have the mail the post all service what. Took so long . Fedex delivers booze. I get my wine club stuff from them. At 90 of what i have in the mailbox, i throw away. The only things i kept this week were a couple of bills that havent gone papererless and my drink coupons from southwest. Deliver booze and it will help all of us. Why not, allison . You know, i feel like they are losing billions of dollars a year, all this competition, amazon, fedex, who doesnt want a little Wine Delivered to their doorstep. On a friday afternoon like today i wouldnt mind it. Mailman, ding dong. Seattle trying to ban some potentially offensive word, an internal memo suggests that government workers should no longer use words in your town like citizen or brown bag. They have come up with some alternatives. Unbelievable. Resident and in lieu of Brown Bag Lunch and learn or perhaps a fact lunch. Penmanship is a nono and hand writing a yesyes word. Freshman. What is going on, man . What . This is why people make fun of us here in seattle and it is sad. I do think they are probably coming from the right place, but, you know, its too pc, and i think a lot of hr people would tell you dont put out an edict like this, your employees will grumble and everybody else will make fun of you so its, you know, one of those things that went too fire. Speechless in seattle. I blame hr departments for this. Heres how ridiculous it is. Ive come up my own ideas, instead of profits, we should say words on a piece a number on a peeves paper. Instead of ceo, job creator, but so make it eight hour a day pastime or passion, and stinlly steven cohen, a lot of people find him offensive so im going to call him an Awesome Party thrower instead. Hes an Awesome Party thrower and his company has been indi indicted. Folks, thanks very much. Have a great weekend. What a week its been for stocks. The dow alltime highs, the s p 500 alltime highs, above 1700 for the First Time Ever and nasdaq some 13year highs. Key earnings next week. 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Well, the trade with the most volatility this week probably goes to the tenyear note which saw its yield well up above the twoyear 7 mark at various times, not only in the week but during particular trading days. Like now the tenyear is at 2. 61 . Lots of earnings next week in the media sector, disney, time warner, 20th century fox, dish media. Rest up, ty, going to be a busy week. That does it for this edition of power lunch. See you when you get back here. Street signs begins now another trading week nearly in the books, another week where stocks move higher. Retail investors piling in. Housing and car sales are hot, and theres even talk of mansion shortages. This is dangerously looking like 2006 all over again. A huge week for social media. Facebook and linkedin soaring and buzzfeeds ceo on why and what may be next and why all the 20somethings at your office may be costing yourpa