Transcripts For FBC After The Bell 20160823 : comparemela.co

Transcripts For FBC After The Bell 20160823



is up with that. details of a new bombshell report released moments ago, more than half of the people you outside the government met with hillary clinton when she was secretary of state, gave money to the clinton foundation personally or through groups. the story never ends of the we have the very latest. melissa: back to the markets. dow climbing into the close led higher by nike, cisco and pfizer. oil settling the day higher. natural gas is soaring. phil flynn of price futures group is a fox business contributor. he is watching action from the cme. adam shapiro on floor of new york stock exchange. adam you have your eye on the big movers and the nasdaq as well and big news announced from tesla. talk to me about that. reporter: when you talk about nasdaq, i mean we're settling two points shy of the record close. when you look at all the indexes we are off where we were in the trading session earlier when we were much higher but we closed in the green of the nasdaq, some of the stocks helping, applied materials. hit new 52-week high. it is up at the close. they're doing pretty well. ulta salon, we'll get earnings from ulta on thursday, they hit a all-time high, 276.23 cents a share. they were strong. bed, bath & beyond was up and as well as trip advisor. tesla the key here is a new battery elon musk announced that went public 3:30 eastern time. it has a range of 315 miles. that will give some worry warts who think they can't go far enough with electric car, that may put concerns at ease especially as this battery goes into some of the new tesla models. we got news from the homebuilders. commerce department saying new single-family home construction much better in july, up 3.4% compared to last year. median price year-over-year had fallen about half a percent. we're on pace of annualized rate of sales to exceed where we were in october of 2007. some. homebuilders doing very well today. toll brothers, beazer homes, kb home and lennar. back to you. david: all right. adam, thank you very much. phil flynn, oil climbing today but really natural gas a lot of traders have their eye on. what is happening with both of them? >> really is. looks like we're putting a weather premium into natural gas. last week it was all about the heat. now it is about tropical storm activity. a lot of traders are talking about this tropical wave, not fiona, not gaston, but the tropical wave named 99-l. the european models now are switching to put this potentially across florida, maybe even into the gulf of mexico. you can tell it is weather premium, not only did we see natural gas rise, the orange juice market really got on fire today. a rig rally in orange juice as well. they're concerned this storm could actually injure a crop already devastated by disease. a lot of weather premium. we haven't talked a lot about weather premium in this market. looks like it is back. we have to keep an eye on the storm. david: 99-l. watch out for 99-l. phil, thank you very much. melissa. melissa: close but no cigar, nasdaq nearing new record high but failed to end the day at the close. let's bring in our panel. james freeman from the "wall street journal" and oliver portia. james, what do you think, how long can this go on? do the fundamentals support it? >> fundamentals, we have slow growth economy, productivity is declining, earnings aren't growing much and we're here at record levels. definitely as not as nutty, if you think we're kind of frothy here, not as nutty considering where we were nasdaq was in the territory, 16 1/2 years ago, it was roughly at this level. obviously valuations make a lot more sense now than they did then. a lot about interest rates and central banks around the world pumping things up. melissa: oliver, what do you think? >> yeah. actually earnings have declined year-over-year. they're down 4% year-over-year. it is clearly an environment where investors are hoping there is just enough growth in the economy you will see some return of earnings growth but not enough for interest rates to go up in material level or inflation becomes any kind of issue. they're hoping for the nirvana scenario. will they get it? at least it is a risky bet in our view. david: best buy got a nirvana jump in stocks today. shares of best buy surging about 19% after the company reporting online sales up nearly 24% versus a year ago. second straight quarter best buy has seen the kind of growth in its e-commerce business. oliver, this is such a crazy market. you were just talking about. it is motivated by things like stock buybacks and other stuff. great to see a stock that rises for the right reasons, right? >> who knew it could actually happen, logical. 17% sales growth last year. 24% sales growth again this quarter. these are great numbers. what is shows a well-executed plan even on a brick-and-mortar store like best buy where internet, digital sales are only 11% of revenue can do well and thrive. that is what investors rewarding, as they should be. david: james, why do the other electronic retailers get it wrong? seems pretty simple the way best buy is doing it? >> overall, although best buy is getting great news online, over all the business is not really growing that much. so i think this is a little weird to have this much of a pop. and i think it is in relation to all those other retailers who kind of with the economy are bumping along and getting very poor results. so, you know, i think businesses have done a good job dealing with the obama era but you have to say a lot of this is really interest rates. there is just not a lot of other options to put your money. you don't get yield -- david: don't rain on the parade. great day for best buy. >> auto supply giants, delphi and auto eye, will pair up to create fully autonomous driving system that could be implements ed by automakers by 2019. seems like this is the race out there, who comes up with the self-driving car first. what is the best strategy? >> i like cars. i like to drive. i'm not looking forward to a self-driving car. melissa: a lot of people say that. >> i think it's a race between tesla, google, usual suspects. the question is not who develops the technology first, but will regulations and laws be developed soon enough to allow for it? i suspect the technology will be there long before, you know congress enacts proper laws to allow that to happen. melissa: yeah. james, i mean, oh, regulations is like the gum in the works of any good idea. >> yeah. if the lawyers allow it. this could be a real productivity boost. melissa: why? >> one of the reasons you can be long-term optimistic, i think technologies like this, you think what could be freed up, time people could save if they didn't have to drive in rush hour traffic, doing work, enjoying happy hour, a lot of options they can do if the car is doing driving. >> happy hour might be a little much in the car. >> i thought i would sneak that in there. i don't know what that does for productivity either. melissa: great point. uber created all these jobs out of nowhere, that people could come to make share car into a taxi. that was really productivity. if you have self-driving cars all of sudden all the new uber drivers are out of business. >> i think model, you will see a lot of different models. people argue whether car ownership ends here or not. i think you can say for certain if technology can do driving that used to be required of humans, that leads to a lot of new jobs. if there is no more uber drivers, paying they become technicians. maybe they have other services you can't imagine going along with a car itself. look at atms, people say it knocked out jobs. it didn't. there are new financial technology jobs being created all the time. melissa: all right, guys, thank you so much for that. david? david: president obama touring louisiana after the worst storm of the second term. the president's been criticized for not visiting sooner. one of his loudest critics, a local newspaper "the advocate," begging president obama to end his vacation to come see the damage. he waited out his vacation. melissa: you got to golf. david: "the advocate" editor, peever kovacs will talk about whether he is sadfied. hillary clinton making jokes about her email controversy. melissa: hilarious. david: with late night host jimmy kimmel as new details emerge exposing deep ties between clinton foundation donors and hillary clinton's state department. >> we warned the obama administration when mrs. clinton was designated as secretary of state there would be corruption associated with that appointment and we've been proved right melissa: president obama touring louisiana speaking with victims and local officials just over an hour ago. a number of the state's parishes are declared federal disaster areas with as many as 39,000 homes flooded in the parish seat of livingston. jeff flock in baker, louisiana, with the latest. boy, it looks rough there. reporter: i'll tell you the president could have gone much anywhere. he went to the next town over, a town called zachary. this is baker. it looks as bad here as it does there and everywhere else. just the same scene over and over again. the president making two stops. both of them in zachary, talking to people in one housing development where just about every house looks like ones that you're seeing right here. saying that, he believes right now, even though he took criticism not getting here until now, people don't care about republican and democrat right now. they care about their own well-being and getting back their homes and getting back to the normal life. he said don't worry, we got your back. here is what he told folks. >> what i want the people of louisiana know he is you're not alone, even after the tv cameras leave, the whole country is going to continue to support you and help you, until we get folks back in their homes and lives are rebuilt. reporter: melissa, it is going to take that, really. because when you look at this, a lot of people, without flood insurance. look at this, this is gutted. this is everything in that house. the drywall, doors, it may not be rebuilt ground up. there is so much to do. it will cost money. we talked to some republicans here. said i'm conservative republican. i think of small government very important but when something like this comes along, i don't want people to get handouts all the time, but when something like this happens, this is when we do need the government's help. after seeing this, i got to agree. it will be a long slog back. melissa: really heart breaking to see the video. jeff flock, thank you for that report. david: unbelievable, house after house. joaning me by phone, peter kovacs, editor of "the advocate." peter when you see what we've seen, devastation, street after street, all the goods in the home out on the street, you wonder why it took the president so long? >> i don't think the question is what happened the in past. the question is where it is going from here. good to see the president seemed to support the idea this is a disaster of the magnitude that is going to require special congressional legislation. david: right. peter, i have to disagree with you on one thing, because it does matter what happened in the past so it doesn't happen again in the future. a president can draw attention to a crisis. president obama realized that after sandy, right before the election in 2012. republican governor, chris christie, welcomed president obama and christie was criticized for it, but, shouldn't he -- you guys wrote an editorial last week saying vacation or not, a hurting louisiana needs you now, president obama. so is all forgiven? >> you know we're glad to have the president here. we were glad to have donald trump here. louisiana, i mean this is, maybe your business model requires you to make this into a conflict. we're the people of louisiana are the victims in this. david: yeah. >> we're glad to see that the president has come and helped us. and glad donald trump came to help us. david: i'm glad it is working now. the reason i think what happened is important is because it doesn't happen again, if you correct what happened, and show the next future leader why it is important for the president to be there as soon as it happens, maybe they will be whoever the next president is. a lot of federal money coming your way, where is it going, where is it most needed? >> in the immediate aftermath there is relief for people to get food. there were substantial lines, someplaces to get those benefits. there is emergency aid. one difference between barack obama and george bush, is that fema is well-run compared to it was during katrina. i came here from new orleans and i survived and covered katrina. the differences in fema are noticeable and even being credited by republicans. the initial aid is administered by fema. ultimately you will need help for all the people who flooded and were not made to buy flood insurance because the government didn't view them as being in a floodplain. david: yeah. >> if you expect someone to, you know, someone has flood insurance and you want them to repair their house, you know, they need to know the guy next door who doesn't have flood insurance is also going to repair his house. otherwise you have neighborhoods half abandoned. you have some of that in new orleans from katrina. it is not fair to the people who want to come back. david: peter, another thing we hope doesn't repeat with katrina was, what happened to some of the money, how it was misused. not only was fema in worse shape, but you have a mayor in jail guiding a lot of that money not always to the best places. >> you know, mayor nagin is in jail. he is in for 10 years. i think probably a year into it. you know the, amount of money that was given out was, you know was enormous and very generous. inevitably when the government spend as lot of money there is a share that is wasted. the aid that was given to individual homeowners is not implicated in the nagin scandal, to the extent that homeowners didn't honor the conditions on which they received aid, which was a problem. it was poor people who discovered they could not rebuild their home for the amount of money that was given. so therefore they didn't. or people who were ripped off by the contractors or, i think it was, people who took money innocently and discovered that they could not fulfill what they agreed to. david: i'm glad to hear that things are finally working as they should. peter kovacs, the advocate editor. peter, best of luck with you. >> thanks for visiting with us. david: sure. melissa: we're seeing more issues surfacing over united states relationship with iran following the controversial deal. we have the latest details on that next. plus, donald trump is reportedly postponing his speech on immigration. is his stance staying the same, or are things about to change? we're going to ask one of his senior campaign advisors. that's coming up. >> we have a lot of bad people that have to get out of this country. we're going to get them out. they go around killing people and hurting people. they will be out of this country so fast, your head will spin. i'm in vests and as a vested investor in vests, i invest with e*trade, where investors can investigate and invest in vests... or not in vests. sign up at etrade.com and get up to six hundred dollars. put under a microscope, we can see all the bacteria that still exists. polident's unique micro clean formula works in just 3 minutes, killing 99.99% of odor causing bacteria. for a cleaner, fresher, brighter denture every day. melissa: so if you were thinking about traveling to iran, who wasn't, state department says you should reconsider. the department releasing stricter travel warning, saying foreigners, in particular dual nationals continue to be detained or prevented from leaving iran. peter brookes, former secretary of defense deputy assistant and heritage foundation senior fellow. he joins us now. they are warning that the danger has gone up. that u.s. citizens should very carefully weigh the risks of travel and consider postponing their travel. they send this alert out. so they're acknowledging that the risk has gone up since they paid the ransom, aren't they? >> seems to be. and it is timing once again is very interesting melissa, that this would come out afterwards. there is also reports that unnamed american has been taken by iranian authorities since the hostages, the four hostages were released. so they must be very concerned. going to iran as a dual national, iran doesn't recognize other nationalities other than iranian. you can't say your american passport may not be good for much. people go to visit family, or for other reasons, journalists and students and academics and others seem to be a targeted. anybody who may have converted from islam to another religion, that is of iranian descent, once you get into that system, as we saw with our other american hostages who we are so glad to have back, you can spend a lot of time in iran against your will. melissa: there is something gaining popularity, why president obama did not follow up on syrian red line thing. >> yeah. melissa: was years and years ago. obviously got much worse. the theory is that he backed away from going after bashar al-assad because he negotiating this iran deal. iran wants to keep al-assad right in place because you know, they have the triumvirate building between them and syrians and the russians. do you believe that story? >> i, it seems legitimate to me. it probably is very complicated. there are probably a number of reasons. the other reason we heard the president was concerned what comes after you take out the bashar al-assad regime. the reporting out of "the wall street journal" by jay salomon, a well-respected reporter, to me as a former policymaker is plausible. the problem i see, why did the president put down the red thing without thinking about what are the possible consequences, that iranians would push back because damascus is tehran's closest ally in the middle east. melissa: yeah. >> i'm not surprised this is a possibility but, i think they should have thought through the consequences further. melissa: as a policymaker who dealt with all of this, how do you honestly things would be different with donald trump or would they be? >> it is hard to say. the next president will face a tremendous amount of foreign policy challenges, melissa. none of us can predict the future. just even a few months could things in january of 2017 could be very different than they are today but i would say the next american president is going to face an unprecedented number of foreign policy challenges in the middle east and across the world. i mean we didn't talk today about china and the south china sea. we didn't talk about north korean threats. we didn't talk about russia too much, about their resurgence in the middle east and beyond. so there are real challenges for the next american president out there. melissa: last eight years have made it a lot harder out there in the rest of the world for america to make its way to do deals. peter, thanks for that.>> thank. david: makes you wonder why anybody would want the job. green across the screen. major averages ending the day in positive territory. nasdaq and s&p 500 hitting record highs during the trading day. but they couldn't quite manage to hold on to the records at the close. melissa. melissa: ryan lochte still in hot water. the u.s. swimmer watching his sponsorships dry up. how much did his bad behavior actually cost him in dollars? we're going to break it down. david: ka-ching. plus the clinton foundation under fire. a new report showing overlaps between meetings with hillary clinton as secretary of state with donors of the clinton foundation. surprise, surprise. we don't know the half of it yet. we will after this. >> at the end i chose not to keep my private personal emails, emails about planning chelsea's wedding or my mother's funeral arrangements, condolence notes to friends as well as yoga routines, family vacations other things you typically find in in boxes. 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reporter: a few more reference to an estimated 15,000 more emails recovered by fbi, that could be released in the days leading up to the election. meanwhile, state of the race, a new poll out of missouri reveals a really tight race. monmouth university survey has donald trump leading hillary clinton within the margin of error 44% for trump. 43% for clinton, with 8% saying they vote libertarian. all independents are divided in this survey. today's clinton running mate ripped donald trump on nature of his campaign. >> the campaign is kind of being run in a little bit of a, you know, not ask what your country can do for you but, not ask what you can do for the country but what can this campaign do for me. that is not a business practice frankly that should make us feel too warm and fuzzy. reporter: while tim kaine on off ferns in colorado, hillary clinton is out in the doledden state doing ad love the fund-raising. -- golden state doing a lot of fund-raising. david: very calm mike emanuel, despite best intentions of those behind him. mike, good to see you. >> fred barnes, "weekly standard." fox news contributor. we have emily shire, bustle political editor. bill ma gurn had a great op-ed in the "wall street journal." seeing more than half the people met with the clintons, having given money to the clinton foundation. we're asked to believe somehow its with an accident that so many of the millions former president bill clinton raked in from speaking fees, from countries, people, who had business with a state department run by his wife. it beggars believe that the dollars were not given out without expectation of something in return. what do you think of that? >> i think that is pretty compelling. that is part of the troubles facing hillary clinton this week. more emails are coming out on top of the ones that "judicial watch" released on monday. there are 15,000 more the fbi has. my favorite story, however, is the one where hillary clinton is trying to say that colin powell made her set up this email system, this private system, with the server at her house in new york. all colin powell's part and colin powell is not happy about this. the troubles with this email, basically the email systems at the core of it has the foundation is, it just won't go away. melissa: emily, it was always the why. why did she have a private email server? because she wanted to hide the traffic we see now, doug band said, look this person lobbied through the proper channels and denied a meeting with hillary clinton, with the state department, a meeting to get a visa. this is a special friend of ours. and then, after that, huma abedin, through the foundation, sets up the meeting. we're finding out that more than half of those meetings that were set up, that went to outside people were people who gave the foundation money. how much more clear could the pay for play be? >> look, i can't guess at clinton's exact motives, it doesn't look good. if not illegal it is highly unethical. the time and time again we go to the emails, make clinton look horrible. she is going against deeply flawed candidate, against a mac cain or romney could bring it down. the problem for voters, clinton is leading by leaps an bounds especially in key battleground states. this is shady, disturbing behavior but donald trump saying really obvious blatant scary things. you have a former republican cia director saying he is a clear and present danger based on him inviting russia to hack her emails or suggesting second amendment supporters should assassinate hillary clinton. i think from how voters are processing that, emails look terrible but been out for months. melissa: emails are new. fred -- is it more dangerous to have someone where there is evidence of them selling the state department, selling access? that is public corruption. she is actively selling access to the state department. >> yes. melissa: now she would have control of the white house. isn't that dangerous? >> well i think it is dangerous. you don't want anybody corrupt at white house. somebody who is chronic liar, somebody who tries to blame others for what she's done. that is certainly true in the colin powell case. i think it tells you a lot someone defending her the best they can come up with she is better than donald trump. >> i mean that is the end of the game. melissa: all right. david. >> that is pretty sorry argument. melissa: we have more. david: we do indeed. delaying a major policy proposal, donald trump postponing an immigration speech he was set to deliver on thursday in colorado. this as new questions arise regarding republican nominee's issues on immigration. his stance on that issue. joining me now is sara huckabee sanders, trump campaign senior advisor. sara, good to see you. someone in the campaign was telling ap that his immigration speech is being modified. how so? in what way? >> look, donald trump has been very consistent on this issue in terms of talking about immigration and border security. first and foremost he wants to secure the border and some of the specific details i believe he wants to dive deeper into which people have been asking him to do he will do over the coming weeks. he is doing immigration town hall tomorrow night. but the bigger question, donald trump has been extremely clear, extremely consistent on the border. what isn't clear and consistent is hillary clinton. david: sara, you're not answering the question, very simple question, in what way are his immigration points being modified? for example, with regard to 11 million illegal immigrants that are here now. he said he would deport them all before. now i asked katrina pierson that question. that is not possible. do you agree? >> he wants to make sure we know who is in our country, why they are here. and if they have bad intentions, toes people need to absolutely be removed. he has been very clear and up front about that again his number one priority when it comes to border security is to secure the border. time and time again that is -- david: again i'm not hearing about way in which it is being modified. that hasn't been clear. >> i think you will have to tune into the speech for that part, yes, sir. david: that is a good tease. talk about reince priebus, head of rnc he is suggesting something very interesting. of course he has a horse in the race obviously. he is for donald trump. but he says it will be important for us and for donald trump to continue down the measured path he is now on. if he does that, i think he will be tied or ahead or just after labor day. that is only about a week 1/2 away. do you agree? >> absolutely. i think donald trump has been making forward movement over the last several weeks. the polls continue to get closer and closer. in some states he is up. i think that is only going to continue happening. when the contrast is made between donald trump an hillary clinton, hillary clinton has proved time and time again in more and more we find out about this pay to play scandal she participated in, basically selling our government out to the highest bidder, people are sick and tired of government and politics as usual that hillary clinton has provided. as they see more and more of that, donald trump continues moving up in the polls. david: we'll see. sara huckabee sanders, good to see you, sara. appreciate it. >> thank you. melissa: looking a lot of pictures from west mimely dade, florida, where -- west miami-dade, florida, where a power transformer is on fire. look at those flames. david: we'll keep you informed what is going on in miami. not just miami. zika infection zone is growing all over the united states. where latest cases are being confirmed coming next. also election uncertainty stifling u.s. growth. economists are sounding off on which candidate is best for business. you might be surprised. >> we're at 1.2% growth over the past year. i guarranty you, you heard it first on stuart varney show, we get donald trump presidency, 4% growth for five years. write it down. 4% growth for five years. ic, why pause to ic, take a pill? or stop to find a bathroom? cialis for daily use is approved to treat both erectile dysfunction and the urinary symptoms of bph, like needing to go frequently, day or night. tell your doctor about all your medical conditions and medicines, and ask if your heart is healthy enough for sex. do not take cialis if you take nitrates for chest pain, or adempas for pulmonary hypertension, as it may cause an unsafe drop in blood pressure. do not drink alcohol in excess. side effects may include headache, upset stomach, delayed backache or muscle ache. to avoid long-term injury, get medical help right away for an erection lasting more than four hours. if you have any sudden decrease or loss in hearing or vision, or any symptoms of an allergic reaction, stop taking cialis and get medical help right away. ask your doctor about cialis and a $200 savings card. david: you might think a businessman would be credited by business economists as knowing something about fixing the economy but a new survey by the national association for business economics shows 55% of business economists choosing hillary clinton as the best candidate for managing the economy. only 14% chose donald trump. james freeman is back with us. who are these folks? >> yeah. whoever they are, it is hard to believe they read the candidates tax plans. you look at hillary clinton, calling for more taxes on investment. donald trump wants to get rid of the death tax, cut the corporate income tax rate from 35 all the way down to 15%. look, this is, kind of a establishment organization, big business. david: but it is more than that. when you say establishment, people used to think, those are republicans. these, head of this organization you were telling me used to support a george soros group. >> did make a donation some years ago to america coming together which is kind of a hard-left group. look, this group, this organization traditionally is not hard left-wing. more of, part of the beltway establishment, if you will, not as prominent as some others. david: james, that is the point. who is donald trump against? the establishment. >> yeah. david: should we be surprised that the establishment business economists don't like the guy? >> no. as you pointed out, this group doesn't necessarily have a great track record predicting things. but i would hope that as this campaign goes along, they might consider his, his pro-business platform, which really this is probably the biggest contrast between trump and clinton is he is for lower taxes and regulations. she is for more of it. david: look, i'm a stockholder of a company represented by one of these economists, and this, as a stockholder, i would be very upset to the point where i probably would be willing to sell my stock if i found out they were advocating for policies that would increase the cost of doing business. that means decrease the amount of money i'm getting as a shareholder? >> yeah. it is kind of infuriating, especially you think of business being for free markets. but as you know, david, big business is where you find a lot more liberals. if it was a poll of small businesses, probably a different result i'm guessing. david: unbelievable. by the way 87% in the last election were for raising taxes. go figure. these are business economist, ladies and gentlemen. >> case closed. david: james freeman. good to see you. melissa. melissa: disturbing news out of florida where five new cases of non-travel related zika have been confirmed. four in the same area of miami where 37 other cases have been found. but one has now been confirmed in the tampa bay area, about 280 miles away. the "miami herald" reporting that florida is still waiting for the cdc to send an additional 5000 anti-body tests and 10,000 prevention kits, as well as promised $5 million in zika funding. david: you wonder what will happen with louisiana with all the flooding down there. all right. apology not accepted. why lost sponsorships might not mean the end of the line for ryan lochte. plus who is the highest paid actress of them all? we have the name coming up. ♪ ♪ approaching medicare eligibility? you may think you can put off checking out your medicare options until you're sixty-five, but now is a good time to get the ball rolling. keep in mind, medicare only covers about eighty percent of part b medical costs. the rest is up to you. that's where aarp medicare supplement insurance plans insured by unitedhealthcare insurance company come in. like all standardized medicare supplement insurance plans, they could help pay some of what medicare doesn't, saving you in out-of-pocket medical costs. you've learned that taking informed steps along the way really makes a difference later. that's what it means to go long™. call now and request this free decision guide. it's full of information on medicare and the range of aarp medicare supplement plans to choose from based on your needs and budget. all plans like these let you choose any doctor or hospital that accepts medicare patients, and there are no network restrictions. unitedhealthcare insurance company has over thirty years experience and the commitment to roll along with you, keeping you on course. so call now and discover how an aarp medicare supplement plan could go long™ for you. these are the only medicare supplement insurance plans endorsed by aarp, an organization serving the needs of people 50 and over for generations. plus, nine out of ten plan members surveyed say they would recommend their plan to a friend. remember, medicare doesn't cover everything. the rest is up to you. call now, request your free decision guide and start gathering the information you need to help you keep rolling with confidence. go long™. ♪ melissa: olympic swimmer ryan lochte paying a high price for lying in rio. for companies including speedo and ralph lauren severing sponsorship ties in the wake of the swimmer's embellished robbery story. how much money did his bad behavior actually cost him? we have clay travis of fox sports. clay, it is easy to understand professional athletes they have a salary and endorsements. but seems like olympic athletes they probably rely on sponsorships even more, right? how important is the income to him? >> it is his income. now he may be able to do things afterwards because he will be more famous than he ever was before. i'm flying ryan lochte to be the next bachelor flag. he would kill it. we have a gator who did well, jesse palmer, ended up at espn. ryan lochte, single, 32, there are 25 women who would love to go home with him. it is no the like basketball or sock other or tennis, where they make a lot more money out of the olympics. for instance, golf got added this year. athletes don't make very much for the olympic sports. for swimmers this is the big event. leading up to the olympics is where they pay most attention. they do other meets. but they don't make much money. fortunately for him most of the money was already in the bank. in total he lost almost a million dollar in sponsorship and endorsement money. melissa: in fairness, who knows how many more years of swimming he has anyway. he is 32. that is getting up there. obviously michael fellps is older but he is a momly. you don't see a lot of that going on. is there a way you could see he could parlay this into different kind of career? who would sponsor like a comeback kid? i mean he could pull himself together, if bachelor idea doesn't work out? >> i do think note right is taking him forward. i think he could make a lot more money that way. melissa: he had a reality show, which was watched by a lot of people? yes. melissa: it got canceled in large part, they said it was difficult to work with him. you maybe see what that was b he is a little bit erratic and undependable, perhaps. even if he wants to dot bachelor idea he would have to pull himself together to be apemployee, wouldn't he? >> well, i don't know. you know, the more dislikeable or unlikeable you are the higher the ratings go. melissa: yeah. >> i admit to watching the show. my wife is a huge fan. i think it would actually help him. to put it in perspective who ryan lochte is. he lived in gainesville. went to the university of florida. he would go out to local college bars wearing a t-shirt, said, yes, i'm him. this is just an unbelievable character if nothing else. that seems to sell pretty well when it comes to reality television. where being loved and hated is the key. not about whether everybody likes you but whether everybody pays attention to you. melissa: most reality stars are most train wreck bad employees. what was i thinking. clay, thanks for insight. come back soon. >> i appreciate y'all having me, thanks. david: olympics ended and the house is looking to take a little action on the olympics financial future. house majority leader kevin mccarthy planning on a vote in coming weeks to exempt olympic medals from taxation. they score 25,000 bucks in winnings but have to give a big chunk to uncle sam. melissa: unbelieverrable. david: michael phelps could pay more than 55,000 in taxes unless the house responds. melissa: he can afford it. it is other ones. david: that's true. >> "forbes" out with the list of highest paid actresses. jennifer lawrence is the girl on fire. taking the top spot for the section year in a row. she made $46 million. wow. must be nice over last 12 months due in large part to the final installment of "the hunger games" and up front fee for movie, passengers. david: ultra, ultra1%. good for her. sweet dreams are not made of this. we're breaking down nightmares on main street and if men or women will likely have good or bad items do. that coming up next. your car got rear-ended and you needed a tow. did your 22-page insurance policy say, "great news. you're covered?" no. it said, "blah blah blah blah..." the liberty mutual app with coverage compass™ makes it easy to know what you're covered for and what you're not. liberty mutual insurance. therthat can be serious,ere. even fatal to infants. it's whooping cough, and people can spread it without knowing it. understand the danger your new grandchild faces. talk to your doctor or pharmacist about a whooping cough vaccination today. if legalzoom has your back.s, over the last 10 years we've helped one million business owners get started. visit legalzoom today for the legal help you need to start and run your business. legalzoom. legal help is here. >> deirdre: a new study shows women are more likely to have bad dreams than men. i always dream about flying. david: men are living in a dream world. we are just about positive things. we all dream about flying. melissa: i'll end it and give it to "risk and reward." deirdre: new developments how the clinton foundation may have functioned as a pay for play foundation. nearly half of those who met with hillary clinton as cabinet secretary gave money to the foundation. at least 85 of 154 people from private interests who had phone conversations or met directly with hillary clinton earned up donate together clinton foundation. my colleague peter barnes has more. how much money are we talking about?

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