Is up nearly 27 this year, which is the best year we have seen since late 1998. We have a big deal today. Talking about the food company, u. S. Foods reached a deal to merge. The total enterprise of the transaction everything included is actually over 8 billion. Up 11. 5 . Back to you. Adam so, deal or no deal. Negotiators in the house and senate work to hammer out a budget deal before the house leaves for recess at the end of the week. Rich edson with the latest. They just got back to work, i thought. Lawmakers are not getting into town until tomorrow, much of it because of the weather. We have been hearing for the last week they have been close. One of the breakthrough is when democrats publicly started telling them they would not blow up the project just to increase or extend longterm Unemployment Benefits. Still, senior aides said they had not reached a top lines been a number. Trying to increase fees in certain areas, government workers but more workers into their pension accounts or pay more. It wil would allow them to spend more money next year and the year after. We are not in agreement yet with the top line number. Unit they reach a deal, one analyst says his only incremental progress. It will not make one iota difference to the debt that continues to accrue on a daytoday basis. It Shows Congress can actually cut a deal. That is not to be snipped out at this day and age. There is potential there for many of them to be site and vote against it, but we have to see a final product and we are not there yet. Back to you. Adam thank you, rich edson, washington, d. C. Lori said this sparked the beginning of a new era with more agreeable congress . Former Deputy Assistant to president george w. Bush. He sure tells it like it is. So, given the weariness of this congress and poor approval ratings, do you think they are more motivated to compromise this time around . You would think so, but i dont think it will happen by the end of this year. Theres too much on the plate. The administration through a Monkey Wrench into a negotiation that seems to be progressing nicely by the Unemployment Benefits being extended and finally democrats said lets try and get a deal. Incremental progress is monumental. The question is will you be able to fix a deal with two weeks on vacation, in for a weekend out for a remainder of the year. To the january session because you are again looming up against a deadline of the budget and the debt. The only way you get action in this town is when there is a fixed date and we go up to that date. Adam isnt it much ado about nothing. Playback of the cuts through sequester. It had to be some negative, would they be negative ramifications from increased spending . Absolutely. It is a shell game, it is not restrainerestraint in spending,t increasing revenue. We need tough love, that requires a big deal, it requires me talk about entitlements you know they are really serious because that is really the problem in the spending is entitlements we are obligated to. By making generational change in our legacy cost. Lori obviously that is too much to hope for in this juncture. Another were some published reports suggesting the congressman throws the hedge fund out with the tax status in favor of a more straight costofliving adjustment with the entitlements. I know it is detailed, but what should we be watching for in terms of whether or not we will see something by the end of the year . The democrats in the house and the senate, but we have to look at players like other senators like from ohio, rob portman who was a budget expert having controlled the budget for president bush. One of those things you have to look for is in the tax rules and regulations, will there be an offset in taxes versus revenue . That is where the democrats have their Sticking Point is they love to spend money that we dont have and republicans are insistent if we have any spending constraint it has to be found in tax savings or tax increases but you cannot have one without the other, that is the real Sticking Point here. You have immigration. Adam the Business Community wants some sort of immigration bill to get through congress. Any chance we would see this happening or would this be continued delay, delay, delay . This would be after the congress in january because it is too big. In order for immigration to succeed it will not be an ominous bill like we had with obamacare. We need incremental bills on immigration talk about security pathway to citizenship, taxation and those type of things in order for immigration bill to go forward. Which comes first, the chicken or the egg . A pathway to citizenship. These are the things that have to be ironed out in the open. It also has to be incremental. It cannot be the obamacare 3000 page bill nobody reads. Lori the one risk factor every stock strategist and economist point to are the physical fights, the budget fights we continue to do month after month as the main risk for the market. A promising jobs report for november following the month in october. The market is on a tear, the biggest risk factor for the markets washington, so how do you see this content to unfold . The uncertainty is the plague on the economy. The fact businesses cannot plan health care or tax policy, i dont know their obligations, standing in the way of the progress of recovery by thwarting business at every turn. The economy may be turning around. It is not going to be where it should be, they refused to take the lead and help businesses. They are together, it is a shared responsibility and went businesses do their job and congress is not doing theirs, they had to start reading up on capitol hill with the hous housd senate and the protected. Adam oil is Holding Steady in todays trade, so the prices come too far, too fast . Lets turn to phil flynn in the trading pits of the cme. Explain, what happened. I dont know if it is so much wti came up too much, too fast, or the fact everybody was unwinding. The main feature was to buy brand, that with the trade going to the end of the year. Now with supplies the u. S. At the highest level since the 1930s, production coming on and reversal of the Keystone Pipeline from pushing down is going to bring the spread back in. A lot of this what you are seeing is an offset. How much upside do you have . Can we really push above 100 in that environment . Probably not. This is the one if you watch while you are walking outside, because of the cold, another sixmonth high today. Pushing for 22. 90. The highest level since last winter. Back to you. Adam thank you be at lori also newsworthy as admin, eight tech giants teaming up to talk to the white house and congress. It has to please with revelations the u. S. Spying or was spying on their customer data. Microsoft and google joined by apple, yahoo, facebook, twitter, and linked into present a plan to the president and congress on regulating online spying and how the u. S. Can put in place a worldwide effort to enforce it. Also sponsoring fullpage ads, starting a website with a list of their concerns. Adam apple another step closer, set to take preorders from iphones this week. Reports say the website is inviting customers to order the iphone 5s on thursday, coming as the mobile giant gets closer to launching 4g service and advertised sales for other smart phones that support the new network. Kandi crush, everybody is playing it. The games huge success is the designers big fear. Why it is delaying the Public Offering, straight ahead. Lori you eat chocolate, i know that much. Gearing up for their biggest time of the year. Mustsee your wish list series. Adam americans are losing their taste for beer. A closer look behind the drop in brew sales. Capital to make it happen . Without the thinking that makes it real . Whats a vision without the expertise to execute it. And the financing toake it grow . Whatever your goal, it can change more than your business. It can change the future. Thats why, at barclays, our ambition is to always realize yours. Every day were working to and to keep our commitments. And weve made a big commitment to america. Bp supports nearly 250,000 jobs here. Through all of our energy operations, we invest more in the u. S. Than any other place in the world. In fact, weve invested over 55 billion here in the last five years making bp americas Largest Energy investor. Our commitment has never been stronger. Lori breaking news out of washington, straight to peter barnes with details and with a key member of the Federal Reserve is saying and how does influence in the market. Peter the president of st. Louis Federal Reserve bank and a Voting Member of the fed policy is out saying he thinks the fed may want to consider a small taper of the 85 billion per month and quantitative bond purchases. To get started on winding down quantitative easing after five years here of that, 3 trillion later, let me give you his quote from a speech he just made, says a small taper might recognize labor market improvements while still providing the fed the opportunity to carefully monitor inflation during the first half of 2014 should inflation not return towards target, the 2 said target the committee could pause tapering a subsequent meetings but also as inflation continues to surprise to the downside. He wants the fed to hit that 2 inflation target it set, these remarks coming as the fed gets ready to have a policy meeting next week, so who knows if now tapering, it is going to be on the agenda next week no question, but now we have a Voting Member saying maybe they should start small. We should see if they make the move next week. Lori a big test, see what the Market Reaction is. Peter they will start at some point, most think 2014. Maybe these remarks put it more on the agenda for next week. Lori no real reaction yet, see what happens throughout the session. Adam we will go back to the floor of the New York Stock Exchange, Nicole Petallides is there, trying to choreograph obviously leak these kind of things, kind of a turn, turn, kick, turn car thing. Will heads get whacked . Nicole i can tell you the headlines pertaining to the fed, lot of fed speak today, watching inflation to be downside, the 10year 10. 84 , ive not seen the market moving at least not at the moment so it seems to be status quo at the moment. Does not mean we wont have change up 22 points for the dow. Look at abercrombie and fitch, a big store you may remember last week he had a shareholder very vocal, they wanted Mike Jeffries on place, saying he was a roadblock to the company or something to the company one way or another. In the meantime today we found out ever come in fitch renewed its contract extended for one year, to be more performancebased in that it will be tied to the companys performance. Dont forget to have been a real loser under pressure. Adam the ceo would not allow me to wear their clothing, i am sure. Lori i am chuckling because i cannot picture u. S. One of the shirtless, i could see you wearing some of their sweaters. Adam thank you. Lori charles originally recommended this stock earlier this year, so why are you one back to it . Charles a grand Visionary Company that has a backlog of 24. 5 billion. Today they announced it will be part of a giant hydrocracking complex in russia. The world is their oyster. It is slow and steady. I think they are in a sweet spot. It is all about energy. The reality is you have to get the fossil fuels and get them, people particularly take advantage of natural gas, china is looking at us, russias looking at us, the rest of the world is like we would love to duplicate that. Adam is there any chance they have the kind of reserves we have in the United States . Charles i have read all kinds of stuff about the reserves. They all think they have an abundance of fossil fuel and they want to get at it they dont have to pay the price is the rest of the world are paying. This is a company that has been around, they know how to do this stuff that her than just about anybody else. It is one of these names particularly the market gets pretty volatile, investors like to have in their portfolio. Lori charles payne, stay tuned. Adam the mobile game maker behind the popular candy crush saga is delaying its initial Public Offering until next year. Expected to debut on nasdaq with 5 billion offering before the end of this year, but the Company Believes it is better to wait and show it has other hit games in the works. It had a familiar feel echoing the success of farmville, but after the ipo, they lost 75 of value as it struggled to replicate the success of the flagship game. Lori all stages in all places playing. This really phenomenal. Adam until they play Something Else. Lori everybody is playing this game competing with high scores. It is unbelievable. Chocolate is a go to gift for the holidays. It is time of the year. The companies ceo joins us in the latest installment of your wish list. Adam new names headed into cooperstown. Find out who is going to be inducted in the fox news minute straight ahead. [ male announcer ] heres a question for you if every u. S. Home replaced one light bulb with a compact fluorescent bulb, the energy saved could light how many homes . 1 million . 2 million . 3 million . The answer is. 3 million homes. By 2030, investments in Energy Efficiency could help americans save 300 billion each year. Take the energy quiz. Energy lives here. Ttdd 18003452550 can take you in many directions. Searching for trade ideas that spark youruriosityiz. Tdd 18003452550 you read this. Watch that. Tdd 18003452550 yolook for whats next. Tdd 18003452550 atchwab, we can help turn inspiration into action tdd 18003452550 boost your trading iq with t help of d 18003452550 our live online workshops tdd 18003452550 like identifying market trends. Tdd 18003452550 now, earn 300 commissionfree online trades. Call 18886287118 or go to schwab. Com trading to learn how. 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Tell your doctor about all medical conditions and medication serious side effects could include increased risk decreased sperm count; ankle, ft or body swelling;s; enlarged or inful breasts; problems breathing while eeping; and blood clots in the legs. Common side effects include skin redss or irritation where plied, increased red blood cell count, headache, diarrhea, vomiting and increase in psa. Ask your doctor about axiron. 24 minutes past the hour, im laura green with your fox news minute. A historic gathering south africa as we remember nelson mandela. 94 dignitaries expected to honor the deceased peacemaker including president barack obama and former president george w. Bush. Bill clinton and jimmy carter. Nasty Winter Weather continuing to pound the east coast, snow, ice and freezing rain responsible for some 3200 Flight Cancellations yesterday. Another 1300 today according to flight aware. Dumping snow from West Virginia as far east to new jersey. Three new inductees into the Baseball Hall of fame today. Major League Managers joe torre, tony larissa and bobby cox elected to enter the hall in cooperstown, new york. The three managers winning eight world series championships. Induction ceremonies will be held july 27. Those are your headlines, now back to lori and adam. Lori we are continuing with our wish list theories with a sweet treat for you today. The coowner of edwards chocolatier. Bring them look at during this holiday season. Welcome to you. Do you do your highest volume of sales this time of year . Yes, that is right. Many do their biggest volume this time of year, december everybody is out there willing to go the extra mile and picked up the product. I really want to give it at the holiday party. Lori will they be more chocolate consuming this year versus last or prior years . We definitely in our business we have noticed there has been an uptick in sales this year. More people are willing to spend a little bit more on the luxury items, we have build ourselves as an affordable luxury so it is something we have done very well this year and we have seen our biggest year, this is my great grandparents started this company, this has been our best year to date. Lori some challenges with the broader economy struggling. For you in particular, cocoa prices from what i understand from a Research Euromonitor international, 24 as much as 2007. How come that income price affected your margins . I would say this is our biggest challenge is a Small Business especially because we are trying to be able to offer our chocolate at affordable price. The highest they have been in years and we expect them to increase even more. Something we are try to keep our prices low. Definitely something that has affected the industry as a whole. Lori does that mean you are not passing prices along to your customers or your retail store buyers . We try not to, but based on the