Itll be interesting for black friday, cyber monday and heading into the Holiday Season to watch to get the idea of how the consumers are feeling for the holidays. The dollar is lower, commodities are higher. Transports giving it a go, getting ready for planes, trains and automobiles. Back to you. Melissa thank you so much. Gas prices continue to drop, but it is not all good news. Prices at the pump are the highest they have ever been on a given day. Sandra smith in the pits of the cme with more on todays trade. Oil reacting to the news of the ceasefire between israel and hamas, first of all. Sandra it certainly is. Not really sustaining the selloff. Currently down 0. 24, still a little bit of a selloff but nonetheless prices have been coming down into thanksgiving weekend. A lot of drivers hitting the road, 34 million of them writing. Obviously the ceasefire has an Immediate Impact on prices going down, but a lot of you say oil and gas will be going higher the rest of the year. We have come off of the 100 level. Obviously we have seen high volatility in that market up 3 , down 3 . The last four days of trading up 2 , down 2 , a lot of volatility. All regarding the uncertainty in the middle east as you mentioned definitely prices at the pump are a concern. As long as sales are below 10 100per barrel. It just came off of an extreme. 70s are the lower extreme. Sandra a lot of traders on the floor so they are preparing for higher prices. A lot of these folks are saying if we get a compromise as far as the fiscal cliff, by the end of the year this event means higher oil and gas prices, so there is a lot of indecision down here on the floor, but a volatile market with the middle east playing out. Melissa thank you so much. Just in time for black friday, to survey highlights what we can expect consumers to spend this Holiday Season. Rich edson has the story. Americans will spend a little bit more this year, a justreleased survey of Holiday Shopping says. The Credit Union National association of Consumer Federation of america said retail can expect a better holiday than last year, though not much better. Our basic result is more optimistic than last year, the strongest results in the last four years, however still does not suggest a booming Holiday Season, but a continued improvement from the last few years. Speak of a State College spending to increase from three and a half to 4 over 2011. The numbers behind that, they will spend less than last year. Analysts say plenty of shoppers say they will spend less and never do. 12 admit they will spend more than last year, four percentage point increase, and some of the survey holiday tips make the list, compare online and start saving even for next year. Melissa they will start saving for next year right after they spend less versus last year. It is all hopeful. Thank you so much. Consumer sentiment stolen last month coming in a touch above the 82. 6 following a month of big gains in missing wall street expectations. Its a reality of the fiscal cliff starting to set in . Ubf economist joining me now. I just have to keep praising you every time you come on, youre one of my favorite economist. Thank you. Melissa so tell me, you think consumers are really focused on the fiscal cliff . I think theyr their focus on mg thanksgiving dinner, over problems are going on, pay their bill. Fiscal cliff is like down the listelist. Up until november i think the fiscal cliff was a concern for business and you could see in confidence numbers coming off and the pullback in capital spending. Consumers are feeling good, home prices are up, the job market has gotten a little bit better and you can see Consumer Confidence rising to the highest level of the recovery. But after the election now front and center all the coverage really is the fiscal cliff, the warnings, what might happen. That is finally, as a result, starting to hit home. In october, for example, very few people have the fiscal cliff on the radar screen. Now half of them are worried about it. I think it has moved up the list now for the first time for consumers. Melissa to ask why they are not buying more, they will stand so darn right about that fiscal cliff, i will not get an extra toy. How they really feel it is the equity market is not doing well in the last month. That is what brings it home for consumers. You can ask how has the economy thabeen doing the last couple of weeks they dont feel quite as good as they did a couple of months ago. A lolove that is the equity mar. Melissa the fiscal cliff is probably symbolic that this idea that we have the same people in washington sitting there agreeing about nothing and getting nothing done and whether it is the fiscal cliff specifically for the economy in general, these people are there doing nothing, still theyre the ones who helped get us into this mess. Now they are back. Let me ask you about one more thing. We keep hearing about Companies Like walmart paying dividends before the end of the year, realizing dividend taxes will go up, people can click ahead of time, same thing we are hearing about bonuses. It is easy to pay somebody their bonus december 25 of january 2 depending on the tax treatment. Do you think that is going to impact gdp in the fourth quart quarter, that there is just a lot more cash realized, like mark peabody and we see a decline in the First Quarter because of that, or not . The pull forward effects. That is something that is a risk, although quite honestly us economists have been marking down our Fourth Quarter gdp numbers, were only now looking for growth at about 1. 5 in the Fourth Quarter. The other thing to keep in mind is how much of that money would actually be spent, depends on how consumers are feeling. If they are feeling nervous, the equity market is really under pressure because its getting toward the end of the year and we have not had a resolution, they will be more likely to stay rather than spend it. You may not get as much, the savings rate may go up as the income is pocketed as opposed to the Consumer Spending numbers going up. Melissa michelle, happy thanksgiving. Thank you for coming on. Have a great holiday. Melissa is at the end of the road for pinkies . After intense negotiations, hostess is back in liquidation, the story keeps going back and forth. It is not looking good again. They say the bakers shouldve given him. The the latest coming up next. Melissa dingdong, hostess is dead. They failed to agree to new labour terms. The maker of dingdong, ho hos, wonder bread filing for liquidation. Can they now be saved . I have a feeling it can. Elizabeth macdonald with more. I think private equity is licking their chops to buy these brands. Basically what were seeing is breaking news, Hostess Brands saying an interested buyer toured a plant yesterday for the fruit pies. So there might be some salvation. And other names being kicked about as to the potential acquirer could be to rescue twinkies and Dolly Madison and in domes and ho hos. Here is who we are hearing about. This is a private equity firm, they own chef boyardee, with your beer and tuna. And look at this, flour and foods. They own tasty cake, c. Could see them riding around with tasty cakes, they also own betsy ross and others. What would happen and they pulled it out of bankruptcy, do you still have to deal with the union . The bakers union, yes. But the big fight really with good wage and cost and death at the company. They will still have to deal with the unions. But have to get some workers. It would be hard to get it ramped up and going as quickly as they could. This is an operation in 22 states, so now were talking about for thanksgiving, 18,500 people losing their job. 600 Bakery Stores and the bows. The name of the game is what they could possibly do is hook up with the distributor via walmart and get the baked goods through the distribution centers. It is all about distribution, giving the plant up and running again. The breaking news, Hostess Branded visors saying an acquireacquirer toured the plant yesterday. Melissa is hard to think that they would run it with the unions that very thing that has happened. They would have to strongarm them and say look, you have a job and agree to our terms or you dont. Melissa elizabeth macdonald, thank you very much. As we do every 15 minutes, lets check the market. Nicole petallides on the floor of the stock exchange. Rating cuts for hewlettpackard today. Nicole despite the ratings cuts, dont forget yesterday this stock was down over 10 . And hit 10year lows. The move that you are seeing here today coming back little bit. Not everybody thought it should be down 10, 11, 12 as we saw. That being said, you have one of the names up there. Several analysts cutting the price target. Now 11 from 12. 75 with a celebrating. Coming on the heels of 8. 8 billion writedown that was wesaw hewlettpackard taking on the heels of the acquisition they made last year basically saying those financials were fabricated. This is an ongoing story. Melissa thank you so much. Retailers have a reason to give thanks this Holiday Season . Joining us on the trend come the online Payment Company is seeing. 20 minutes past the hour, this is your fox news minute. Egypts foreign minister alongside the secretary of state Hillary Clinton announcing a ceasefire between israel and gaza. Ending a more than a week long conflict. He brokered a deal set to take effect at 8 00 p. M. Israel time, 2 00 p. M. Eastern. This resulted in a centur ceasee and resume calm. Saying egypt is resuming its possibly of leadership that has long made it a cornerstone of regional stability. President obama israeli Prime MinisterBenjamin Netanyahu earlier expressing his appreciation to seek a more advisable solution. Especially in matters of weapons smuggling into gaza. I minister at yahoo express his appreciation for the support and assistance to the iran dome system. That is least for now, now i will take you back to melissa. Melissa thank you so much. It is expected to be a mad dash at stores all over tomorrow night. With some retailers open earlier than ever before. The tradition could be on its way out. Our next guest says Online Shopping is lessen the significance of like friday deals. Joining us is paypal shopping specialist. It does really feel like things have changed. I remember when i was a kid, if you wanted to get the best deal or if you wanted to get something, you had to go on friday, or the day after christmas depending if you are cheap. But now does not necessarily necessary anymore. Are people going on thursday and friday diminishing . It is not necessary. It is really consumer preference. Why leave your family, a lot of people feel like my life go to the store to get great deals, cannot find the same deal online or on mobile rea. Theres a huge shift of mobile shopping. Something at paypal we call it coach shoppers. Go from the table to the tablet. Melissa you work for paypal, but are you going to get a better deal . Do they have cheap items to get you into walmart . The deal you cannot get anywhere else, and perhaps you could hose and Everything Else in there. They have a limited quality items or door buster items, but youre taking a risk by going on thanksgiving night or early on black friday to find those particular items when you can truly find the same deals even now online and on mobile devices there are apps to help you find those deals and they are out there now. Melissa i see it everyday, you see something and you can do such a wide search. Even in a story can pull out a map like red laser and see if youre getting a sale. You can find the deals online and on her mobile devices. Melissa what does it mean if black friday isnt as important any longer. We are seeing the shift to whether your instore or online or on a mobile device whether that is with paypal or not, ebay also is doing mobile deals only starting at five 23 on thanksgiving day. 5 23. They will be sending out mobile deals throughout the holiday weekend. Melissa we talk about at the beginning of the hour rich edson was saying a big percentage of people who say they will spend less. What is your take on how people are feeling . We have absolutely seen that, but shopping makes people feel good and were seeing a lot of people spending 150 on themselves this Holiday Season in addition to the total of 750 i750they will be spending for te holiday. It makes you feel better, your giving to yourself. Melissa that is how we all break yoor budget. Thank you very much. Even with an ongoing war with apple, samsung looking to be very flexible with their phone next year. The tech giant said to be ready to begin mass production of a line of phones with bendable screens. I love this. The wall street journal reporting theyre going to ship in the first half of next year. The devices will be made from plastic rather than the glass and will use organic light emitting diodes. Any technology that has been in development for many years and currently in some tvs. The use of plastic will not allow the phone to bend, also making them lighter. And more durable. Some consumers are said to be currently testing prototypes for the company. The Security Exchange commission now involved in what could be the biggest Insider Trading case on record. It has them under the microscope. Charlie gasparino is coming up on that. And ceasefire in the middle east. We are headed live to israel for that next. Take a look at the winners and losers on the s p 500 as we head out to break. Petroleum trading higher on the day, about one and twothirds of a percent. We will be right back. [ engine revs ] [ male announcer ] the mercedesbenz winter even is back, no matter which list youre on. [ santa ] h ho, ho, ho [ male announcer ] lease a 2013 ml350 for 599 a month at your local mercedesbenz dealer. Can i still ship a gift in time r christmas . Yeah, sure you can. Great. Wheres your gift . Uh. Whew. [ male announcer ] break from the holiday stress. Ship Fedex Express by december 22nd for christmas delivery. Melissa time for stocks as with every 15 minutes, before the New York Stock Exchange for Nicole Petallides is standing by. Nicole look at the profit numbers, theyre below the analyst estimates. The stock is down roughly 4 coming under pressure. A lot of people look at beer and caterpillar for the economic indicators. It is not good news, you can see the stock is down. Manufacturing cost, others are cut into the earnings. They talk about a strong dollar and fluctuating currency. Another factor as well. Weaker international demand, so talk about the global picture, this certainly factors into that. Some higher prices are two good things they had on their list. As far as the year 2013, theyre talking about a commodities boom in south america. Expect south america to show the strongest demand in 2013 because of commodities boom. That is one area that may be a glimpse of hopes. Caterpillar is not the dow type. Melissa nicole, thank you so much. Secretary of state Hillary Clinton, egypts foreign minister announcing a ceasefire agreement had been reached between israel and activists. The ceasefire is set to take effect in 29 minutes, the past 30 minutes a heavy rocket barrage heading out of the gaza strip, 10 missiles heading that way, another missile heading that way, went into town. We are able to overwhelm the iron dome Missile Defense system by firing multiple rockets at one area. If it happens and comes together in the next 30 minutes i is more than a ceasefire. An agreement to end the rockets into southern israel and israel decided to end the assassinations of hamas and jihad leadership inside the gaza strip. Granger and weapons smuggling and also egypt guaranteeing the fact the rockets would not fly. The whole hamas responsible. We are on day eight of what has been a punishing ground air war between hamas and israel, more than 5000 targets hit inside the gaza strip, 140 palestinians dead, five israelis dead, more than 1000 rockets launched here into israel. It is important to note how this changes the strategic map of the middle east. A couple of years ago was in jail as a leader of the muslim brotherhood. Major see ceasefire deal. Secretary of state Hillary Clinton have all spoken to his help in securing the ceasefire deal. Now you just wait to see if in the next 29 minutes if it is all quiet on the southern front. Back to you in new york. Melissa probably not. Thank you so much. Return to the middle east analyst and author of the coming resolution. Thank you for joining us. Give us your reaction to the breaking news right now. What we will see in the next 29 minutes or a few hours is a possibility that there will be major ceasefire, but not all operations will end as a possibility, hamas and others will fire rockets. But the bottom line is the two sides that would be gaza under hamas control backed by the government and israeli backed by the United States have agreed on a longterm ceasefire. We would not be shocked if theres exchange of fire and if gaza will accuse israel the ceasefire will hold, but we have to analyze now who got what this agreement agreed upon today. Melissa what do you need to hear the details of the agreement . Basically everybody feels they have been satisfied. Israel will be satisfied, that is all they need. Hamas will be satisfied if their leaders wont be targeted by israel. Very important for them, no air raid over gaza, but they will ve ty a price. Who guarantees that . The longterm nature of the equation is tesident of egypt because he is the big peacemaker of the region. Melissa what do you think youd ask for, what would he do to keep the peace . This goes back to what you and i discussed, money for egypt. Who is going to go to congress now and say we dont want to spend money and training, he is the