that s how many people general motors just fired over a deadly recall. two of the company s top safety officers were among them. next, $1.7 million. that s how much monster energy drink must pay the beastie boys. a judge ruling the drink maker used their songs without a license in an on line video. finally, 30 years. that s how long it s been since ghostbusters hit the silver screen. in its celebration of the 30th anniversary, the film will be back in theaters on august 29. i know where i ll be, anna. and asking prices for home rose 9% over the past year, marking the smallest price gain in the past nine months. we ve got the cities that are bucking the price slowdown trend much he s the best selling author of find it, fix it, flip it. joining us is michael corbett, real estate expert of the good morning. thank you for joining us. good morning. yes, absolutely. what s happening is yes, we have had a slowdown in prices
we ll explain. but first, a quick look at the dow. pretty flat. just down about four points as we re about 40 minutes away from the closing bell. there were some new housing numbers for july. its best 12-month price gain in almost eight years. we ll be right back.
she is our special guest here in america s newsroom on this story. don t miss it. bill: looking forward to that. signs of life in the economy. a record-setting day on the wall street. s&p closing at an all-time hy/fn ishing monday just under 1594. that is really a reflection of the broader market. moments ago new housing numbers show the price in the year-over-year price gain, a spike of 9.3%. stuart varney, anchor of varney & company of the fox business network. put this together. where are we? two pillars to the financial well-being, stocks and your house. you re looking good on both of them. number one, ben bernanke printing up a storm. a lot of that extra money is finding its way into the stock market and various indicators are all at record highs as of right now. s&p 500, the nasdaq, the dow is within 100 points of 15,000, or a couple hundred points. so stocks up. everybody benefits.
economic forecasts have been adjusted upwards from 5% to 8% price gain. if that happens about 40% of those homeowners who are currently underwater will no longer be. the question for 2014 will be are we going to have some overheated market, once homeowners are able to put homes on sale and walk away from closing without having to bring a check with them. neil: we ll have a lot more on this on fox business network tonight as we pick apart the same phenomena being multiplied across many states. first, the kids and now the show snow job continues over the sequester. this time literally. it automatically knows when you need to leave for the airport, how much traffic there is, and has your boarding pass ready. the droid razr maxx hd by motorola.
when the oil trades pushed prices to more than $89 a barrel, the drop undermines two weeks of the 19% price gain. that s it from cnbc, first in business worldwide.