Of the industries that were surved, women paid more 42 of the time for identical pducts sold to men. We looked at product that women would buy from the youngest age up to seniors. And what this could mean for women over the course of an average lifetime is literally thousands of dollars that women are paying for these products more than men. Reporter we decided to see for ourselves. Ing to pharmacies and searching the internet. Yes, mens products seem to cost less. Hmm, same product, same weight, hmm, price. This study showed that for general choice, womens paid more. Check out these boys versus girls shark helmets. The ones for girls cost 27. 99 versus 14. 99 for boys. These tshirts look almost identical, except in price. Girls pay 1 more. Shampoo and conditioner, a at least these bladder guards are praiseiced the same. But look closely, theres a catch. The mens come with 52 pads and the women, only 39. These are issues of national concerns. These are not concerns that are indigenous to only new york city, because many of the products we sampled were national chains. It costs more for a man . Mmhmm. Wow. Thats terrible. Especily when women dont make as much. I think that is unfair. Women are almost prone to actually shop, spend what theyve got to spend. In some cases, this could be even a positive for the brand, to really come out and take a step forward and say that we recognize that theres an issue, its kind of an issue that, frankly, has not been significant in the past. The commissioner told u u that she sent letters to the ceos of of the 800 products they sample ed and urged them to change this practice, but no one responded. The companies did get back to some set prices were up to the retailer while others said the manufacturers set the cost. And some said different formulas were used for men and womens products. Let me guess, the manufacturer said it was the retailers fault and the retailer said it was the manufacturers. Exactly. Dena, thank you very much. So how widespread are the gender differences that come in prices . Joining us right now is a Senior Writer for cosmopolitan come, and jenen derek, author of why marketing to women doesnt work and also a professor at the druker school of management. Lets get right down to it. Is there any justification for these pricing differences . Well, i think that that is a very complicated question, but what we do know is that women are not even aware that this is happening. So i think the real problem is that womenre confused as to, you know, why are they being charged more . And the first step with this study, what this study really does is raise awareness about this issue. Yeah, i have to say, the because this makes my blood boil a bit. Jenny, you say sometimes there actually is justification. What would be the justification . If you look across all products, you can look at ingredients and argue that some ingredients are different. But the bigger issue is the marketer has been trying to change the brand story. Were saying, look, i put this skin care product and i know you have ingredients three, four, five, but now you have inedients five, six, and seven and the consumers are willing to do this. And i think thats something thats a different issue, something i called pink expectation. The focus is on the dress, the makeup, the hair, the shoes, the accessories, things like this. But the expectation, what i call the pink expectation, that we should aspire for c ctain brand values and brand attributes. Youre saying that marketers charge us more and market to us in a different way because were suckers . To an extent. From a marketing point of view, to a good marketer, you want to create points of difference. If you tell me that the skin 25, if i wanted to look 25 and i believed your claims, i might buy the skin care product and pay more for it it so takes two, it takes the marketers coming to us with brands and saying, this is our story, these are our points of difference, but at the same time, the consumers have to value the story that marketers are giving us. I guess that gets back to your p pnt of just being aware of this issue and making us mad enough to thth point where we say, were mad as hell and not going to take this anymore. Absolutely. When you start thinking about the overall impact, that women earn less than men, how does that magnify this story . Women on average are earning 78 cents to the male dollar, theyre also being expected to pay more for everyday products and that will add up to thousands and thousands of dollars over their lifetime. So, you know, the things that women what women can do about this is obviously, now that they know, that their knowledge is power. And go too companies and question this. And ask them to explain this, why are they doing this, and really protest. And they cannlso protest with their dollars, and over time, change things. Sure, jenny, what you would recommend to women who are watching at home or people who are just interested in this . What can they do . Armed with information, i think we can make different choice. I hont know why we should pay more for products that are equal. I think we need to share information, talk about these issues, and hold brands accountable. So i think from a consumer point of view, you know, we are holding brands more accoununble. The brands are doing well are thth ones that are trustworthy, and this is just another exampl you know, the pink tax, were being charged more for products, we dont think we should be charged more for oducts. And we need to be held more accountadle. And i dont buy the pink razors anymore, either. Lets statt the movement right here. Pink power, were all in favor of it. Thank you both for joining us today. Thanks so much for having me. Now heres a look at whats making news as we head into a a stronger than expected employment report for the month of february. The economy created 242,000 new jobs. And numbers for previous months were revised higher. Health care and retail showed strong growth and the unemployment report h hd steady. That rate at 4. 9 . The markets were mixed on that. Stocks flat in early trading on friday, after kicking march off with a bang, with a 350point increase earlier in the week. Stocks climbed at the close on frid. A survey measuring the strength of the Services Sector of the economy showed it wasnt that strong in february. The ism nonmanufacturing index slowed to its worst pace in two years. And if youre planning to visit the Magic Kingdom anytime soon, you may have to pay more, or you may not. Disney will be rolling out new seasonal prices for singleday tickets, breaking them down i io value, regular, or peak. The pricing will be available o a calendar at least eight months in advance. Up next, we on the money. Billionaire investor Warren Buffett has some wordsf wisdom if youre looking to grow your retirement savings. Of course, thats not all we and later, one Small Program thats having a big impact on the lives of young people just looking for an opportunity. Right now, as we head to a break, take a look at how the stock market ended the wee every Auto Insurance policy has a number but not every Insurance Company understands the life behind it. Those who have served our nation have earned the very best service in return. Usaa. We know what it means to serve. Get an Auto Insurance quote and see why 92 of our members plan to stay fofolife. We were born 100 years ago into a new american century. Born with a hunger to fly and what an amazing time its been, decade after decade of innovation, inspiration and wonder. So, we say thankou america for a century of trust, for the privilege of flying higher and higher, together. Medley served with sirloin steak. The sizzling sound of fresh florida vegetables mingling together; saut\ zucchini, squash, bell peppers, and tomatoes in golden olive oil. Garnish with fresh parsley andserve with juicy sirloin steak. Thats how easily pan roasted florida vegetables complete a delicious meal. Visit freshfromflorida. Com for more great recipes. And remember, Warren Buffett is the third wealthiest person on the planet, and when he speaks, we like to listen. I recent sat down with the man many call the worlds greatest investor and got his take on americas future, a little bit of politics, and what to do if youre worried about your retirement savings. I would tell them, dont watch the market closely. You know, if they buy Good Companies buy them over time, theyre going to do fine ten years from now, 20 years from now, 30 years fromm now. Sell ocks, buy and worry when they go down a little bit, and think maybe they should sell them when they go up with, theyre not going to have very good results. The money is made in investments, by investing, and by owning Good Companies for long periods of time. Thats what people should do with stocks. All they are is little pieces of businesses. And the businesses generally are pretty darned good. We know that low oil prices are supposed to go good for the consumer, supposed to be good for the economy. And yet the last many, many months, weve been watching stock prices come down every time oil prices come down. Are low oil prices good or bad for the economy . Theyre good for the economy. I mean, if oil cost nothing, it would be wonderful for companies that imported oil and terrible for companies that exported. You import, you want the price to go down, anything you export, you want the price to go up and were producing more oil than we used to, but were a big oil importer. Its good for the United States overrule, but the part thats little less at the pump the next time you fill your tank, that bleeds in very slotry and in very small amounts of people. When oil goes from 100 to 30, all kinds of bankrolls go bad, so the bad effects to the people that are in the production business get instantly felt, and they spread through the economy very quickly and the beneficial effects just kind of gradually lose in. The president ial field is narrowing at this point. What do you make of the trump phenomenon . Well, im very surprised. I mean, my partner, charlie, says never underestimate a man that overestimate himself. And i think you see a lot of that in business. And sometiues you see it in politics, too. And its ive been totally surprised. Obviously, he appeals to a big segment of the people that turnout in a republican primary. I my candidate hapapns to be hillary clinton, and i think she states, but ivee never seen anything like the republican primary. And i did go to kindergarten. I didnt see it there either. Bernie sanders is a socialist, and hes done fairly well in the debates too. Among the young, hes done sensational so what do you think about that . He knows what he believes in, he articulates it well and cares about things a lot of people care about, the influence of money in politics, the extreme inequality in terms of the results in a very prosperous economy, and a lot of people are getting left behind. Do you agree with his solutions for some of those problems . No, i dont. I think hes wrong. In april this year, for the first time, Berkshire Hathaways annual meeting is going to be webcast. People wont have to be here live, which has been i ll. But theyll be able to see yoyo and your partner, charlie monger. Why is that . Well, theres two reasons. One is weve sort of run out of were getting over 40,000 and its a strain on facilities. But beyond that, i think if youre in a busess and your managing partners are 92, which charlie is, and 85, which i am, you probably ought to get a chance to see him. And a lot of people cant come to omaha. You know, its expensive t t travel here and all of that. So well be on for six hours, and people with decide whether we really should be cutting out paper dolls or running berkshire. I want to thank you so much for your time. Really peeshtappreciate it. Its been fun, thanks. Up next, were on the money. From working from home and a job to working for a Silicon Valley tech firm. How one nonprofit fueled a young mans journey. If someone told me three im doing today, i wouldnt have you show up. You stay up. You listen. You laugh. You show up, you stay up. You listen, you laugh, you worry. You do whatever it takes to take care of your family. And when its time to plan for your familys future, were here for you. Were legalzoom. And for over ten years, weve heed families just like yours with wills and living trusts. So when youre ready, start with us, doing the right thing h never been easier. Legalzoom. Legal help is here. pilot talking to tower on radio once you get out here. Forward. One time now. And theres just one sound. You and us. Together. Telling the world. Were coming for you. The Unemployment Rate for africanamericans in their early 20s is more than double that of that their white counterparts. Its an issue steeped in history, economics, and opportunity. But there is one Remarkable Program looking to bridge that divide. Senior personal finance correspondent Sharon Epperson joins with us more. This unique initiative is helping young adults who are unemployed or in lowpaying jobs find better careers. Its success has made it so competitive that only 20 of applicants are accepted, but for those that do g in, the impact didnt know where i was going to eat, i didnt know where i was going to sleep. Reporter at 18, Brandon Jordan was a high school dropout, homeless but not hopeless. I ended up realizing that i need to do what i need to do. Reporter r he eventually got a ged and an apartment with friends in atatnta. He took some college courses, but didnt have the money to finish. I wanted more for myself. But i didnt quite have the opportunity. Reporter but that all changed. While working at a panera last summer, he saw an ad for a year up. He applied for the program which offers young adults training and a corporate internship. It seems too good to be true when you first hear about it. Reporter more than 6. 5 million 16 to 20yearolds in the u. S. Are not in school or working. Almost one third of them are black. Yeup, which offers a stipend and College Credit to each participant, is aimed at helping these socalled opportunity youth. Boot camp, learning technical and professional skills, including the importance of showing up on time. Theyll get a stipend for every day they attend class, but theyll lose points and money if theyre late. Dress unprofessionally or fail to complete assignments. And if they lose too many points, theyre out. Yearup fundamentally believes that you hire for skills, but you fire for behavior. Reporter jerold tretavian founded yearyou in 2000. We know that talent is distributed evenly across this country, yet opportunity is not. Reporter more than 13,000 people have gone through the Program Since it started in boston with 22 students. 3,200 will enroll this year in 13 metro areas. Trets treta tretavian hopes to finish it in more. Those who make it for the First Six Months are awarded a sixmonth internship. Partnered with yearup and have spent almost 28,000 to cover the costs of each intern. Yearup alum Brian Goodson was working in a pizza shop three years ago. Now hes a Business Solutions consultant at salesforce. Com, which has hired more than half of the almost 200 interns its hosted since 2009. If someone told me three years ago that i would be doing what im doing today, i wouldnt have believed it. I might have even laughed. Reporter 80 percent of yearup alums have a fulltime job or are enrolled in college fulltime within four months of graduating. Their average starting salary is about 36,000 a year. Jordan hopes to follow goodsons path. He landed an internship in the i. T. Department at the retailer aarons. I was like, i did it i earned it im going to do this. This is mine. This is mi the yearup experience doesnt end when a s sdent finishes his or her internship. Alumni like Brian Goodson ogram, mentoring other yearup interns. Its something many of the students in atlanta said they were going to do, as ll. That was really interesting hearing about, okay, were going to let you into thi program. Thats a little bit of a tough love message. Youve got to come and bring your game. But the reason why this it have love, and they started at day one, is because companies are investing at of money into this program. So theyre really seeing this as a pipeline for themselves, for these vious corporations, and they want the students to be prepared when they get in that door. Sharon, thank you. Sure. Up next on the ney, a look at the news for the week ahead. And dreams really do come true. How about this for size. Majoring in beer. At mfs investment management, we believe in the power of active management. By debating our research to find the best investments. To benefit from different points of view. And by consistently breaking apart risk to focus on longterm value. We actively manage with expertise and convictionon so you can invest with more certainty. Mfs. Thats the power of active management. Welcome to the world 2116, you can fly across town in minutes or across the globe in under an hour. Whole communities are living on mars and solar satellites provide earth with unlimited clean power. In less than a century, boeing took the world from seaplanes to space planes, across the universe and beyond. And if you thought that was amazing, for more on our show and on our guest, you can ao to our website, otm. Cnbc. Com, and you can follow us on Twitter Twitter onthemoney. Here are the stories coming up that may impact your money this week. On monday, well be getting a report on Consumer Spending for february. On tuesday, look at the health of Small Business when the Small Business optimism index is released. Wednesday marks the anniversary of the dow, the nasdaq, and the p 500, all hitting multiyear lows after the financial crisis. And on friday, well get a measure of americas trading power with the import and export prices for february. Beer. The very word brings smiles to big business behind all those suds. And although sales nationwide may be flat, pintsized brewers are showing good growth. That in turn is creating thousands of new jobs. Mary thompson has more from the half turn brewery in stanford, connecticut. You know americas thirst for fuller flavored lager has helped push the number of breweries here in the u. S. To more than 4,000. Thats a number that hasnt been seen since the late 1800s. And behind tt growth is the rise of kraft brewers. Still, the market for this kind of beer is not saturated, and thatat good news for people who want to work making suds. Only 3 years old, hostile brbrery is going at full speed. We currently brew roughly 3,000 barrels a year. Were trying to get to 15,000 barrelc five years from now. Reporter a goal requiring more hands, mouths,nd hulls. Well be adding roughly two to three people e erytep of a little better. A lack of experienced workersrs making the steps more challenging for owner connor horrigan, who like others want to addddseasoned workers to its current staff. Demands for these workers behind San Diego State universitys decision to offer a professional certificate in the businessf kraft beer. Im trying to get into the marketing aspect of it. A home brewer for five years, 27yearold Ashley Benson is among the more than 600 student who have taken courses, hoping to makebeer their bread and butter. We get the emails saying we want to hire directly from your group, because we know that they can talk about beer. Students learn more than talk, though. Program director Gianna Rodriguez says classes teach them how to write a business plan, get financing, and run a brewer so becky, this ancient product is of course giving rise to a number of Small Businesses ses around the country, giving job seeke[s something to cheer about. And they can toast salaries the six figures for more experienced workers like brew masters and brewery managers. So becky, im going to drink to that. Cheers. Ill drink with you, but im drinng water. Mary, i know that theres been really rapid growth in all of this. I like it i know theres been really rapid growth for people in these kraft breweries. Is there any chance that they could turn their tastes, or is this something they just see going up and up. Reporter well, the trade association, the Brewers Association doesnt see that right now. They say the young demographic is very much invested in these craft breweries. And what theyre expecting is that kraft breweries account for about 12 of total volume of beer sales here in the u. S. And they expect by the year 2020, they will account for 20 . So thats pretty steady, or you could say, heady growth, for this industry. Thank you so much. Thats the show for today. Im becky quick. Me. Next week, michigan to mars. Astronauts to the red planet. Each week, keep it here. Were on the money. You next im sara gore and this is open house. This week, we join brian lewis for a look a` a two bedroom in the sky. Fashion designer rachel pally takes us inside her stylish pad. Last, we revisit the modern home in los angeles a former rocker turned designer spent years meticulously renovating. But first, talk about views to kill. Overlooking the sunset strip. You know, when you think of a Hollywood Party liken the movies this is what you think of. [theme music] welcome to open house. Today, im coming to you from an elegant townhouse style penthouse on manhattans west side. Inside this newly renovated space, youll find three floors of luxury living. This home is fully automated allowing residents to control, lighting, heating, and air conditioning remotely from a mobile device. Th three beds and three baths and a nearly 500 square foot private garden, this is truly a unique escape. Well, lets get started in West Hollywood with a stunning home perched high above the sunset strip. This magnificent modern homes has it all and then some. Spacious rooms, custom finishes, and world class views. And the floor to ceiling windows throughout provide