Facebook, im going to nominate for the forget the tea Party Pumpkin spice latte party neil cavuto. Im nominating neil cavuto as house speaker. Melissa he would be a great house speaker. Of the Pumpkin Spice latte party and im going to be only one voting for him. Melissa okay. Jack, youre speechless. I have to read the details of the Party Platform before i opine on the Pumpkin Spice. Pumpkin spice. Melissa im eager to see a republican agenda and what it looks like. Im interested to that. Too much of what they have done in recent years has been reactionary. Now they have i disagree. I disagree. They were doing a lot of work. The problem were finding out is good ol harry reid was blocking everything over there. He controlled the senate so much that nothing got past him, not even what democrats wanted. Here is what will be interesting. Theyre going to put up a bunch of stuff. They will throw the Keystone Pipeline assuming it approved before the president. Medical device tax. They can take two approaches. Roll up their sleeves and get ready for a fight and start to get meat and potatoes done. Keystone pipeline is something that got them elected. Medical device tax is insane. Even Elizabeth Warren is against that. They will put that up in front of president obama. Melissa he promise todd veto. My view that will hurt hillary clinton. Heres why. The average person doesnt care that the stock market is getting hit because of lower oil prices. They like the fact that oil prices could keep going down and gas might be under 2 a barrel. That is good thing for average person. Melissa can we play what sarah palin said earlier. Balls to the wall. Make sure you get that quote. She said that i was there. President obama will be more radical than ever as a lame duck you know. He will go balls to the wall to make sure that his leftist failed policies are going to continue. He believes in status quo and that is no good. I love it. Melissa that is pilot metaphor. Youre acting like this is sexual thing. You know that is about a pilot. The throttle all the way forward is what that means. That what it means. She looks amazing when she says that. She needs a guitar riff when she i says Something Like that. Melissa Say Something responsible now tom sullivan. Balls to the wall, i know exactly what that means and it doesnt mean throttle. What does it mean . Melissa please. Get some kahunas. Whatever you want to say. What are the balls, if you think about it . Melissa on the throttle. Google it, yes. She is right. Look it, barack obama, we forgot was the most liberal man in the u. S. Senate when he was from illinois. That is who is going to come out again. He is so far off to the left, that he wont represent what the majority of people in this country are thinking and, that will hurt the democrats. Melissa meanwhile the hangover continues. Look at stocks tanking again following yesterdays steep selloff. The dow is on track for the biggest twoday loss in more than a year as oil dips below 4a barrel. We had been down 160 before the vote was final. You dont like that . Melissa that stocks are lower . I think its good. Listen, i think its not bad for us to get a 10 roll back and have the economy, let me make my point and shoot me down and have the company reset and have the markets reassess the economy where Interest Rates are going to go and well see from there. Listen, 18,000 to me seemed unsustainable. I dont think the selloff in stocks is nearly as worrisome as the crazy appetite for treasurys right now. 10year yield dipping below 2 . That is investors saying hey we know the economy is Getting Better here in the u. S. , we know the fed might hike rates late they are year, but we dont care. 2 in the bank seems better than nothing. Why are investors saying the economy is Getting Better . Im lost. Follow the bond market, not the stock market the bond market keeps saying we dont have inflationary problem. Ill tell you melissa you believe it . I saw this woman pundit the other night on bret baiers show on the Fox News Channel and she was saying oil prices are not amount of glut of supply. The demand what was her name. Melissa i saw that woman. Im not sure she is a pun ditch. I saw that woman. By the way this is john boehner walking up to the front. Scintillating melissa were keeping it is history. It is history. Heres the thing, why are people always ascribing one reason for the Oil Prices Going down . Never one reason. Melissa particular pundit was me was not saying, i was not saying it was one reason. It is good when there is a lot of supply which is what we saw initially with the fracking and russia. It is bad when it is because demand around the world is slowing because economies are slowing. Look what is going on in china global economies. But our economy by gdp is not slowing. And im telling you this could be a temporary melissa we live in a global economy. Of course. We are the melissa caterpillar sells 720 of their products overseas. Were a consumer nation of consumer goods. Earlier on we thought it was all about supply growth early on. Now i think people are melissa okay. Look it you go back to the First Quarter gdp of 2014 and they came back later oh, we had to spread out and amortize the costs were getting from obamacare and big costs there and it would affect the gdp for the rest of the year. They distorted First Quarter and reflected in overstating the second, third and fourth quarter. I dont think the economy is growing as fast as you think it is charlie. When is the last time we had, you might know this, Falling Oil Prices where we didnt get some economic rebound from that . They usually go hand in hand. It is a massive tax cut for working class americans. Melissa 550 per family is what the department of energy is saying. I think concern is the number of jobs that will be lost as a result of oil industry. Should we get other jobs . Melissa breaking news on capitol hill. Minority leader nancy pelosi handing over the gavel to the newlyelected speaker of the house. The speakerelect will be sworn in my the most Senior Member of the house congressman john conyers, democrat from michigan. The new speaker is expected, lets listen in. [applause] as was indicated by the voteur colleagues from the state of new york are not with us because theyre attending the funeral of governor mario cuomo. I extend condolences to our colleagues from the state of the new york and extended sympathies of many in this bod to governor cuomos widow matilda and to his family. As an italianamerican im especially proud of his leadership and send extended sympathies to his family. Thank you cuomo family. Thank you new york delegation. None of us would be would be standing here without the support and strength of our families. Today im going to thank my dear husband of 51 years paul pelosi, and my five children and nine grand children. [applause] all of the pelosis and delasandros. But as we are standing [applause] let all of us applaud all of our families. [applause] to my constituents and my democratic colleagues and my con at this time went in constituents in San Francisco i thank you for the privilege in the house but to my colleagues i thank you for the honor of serving as leader but all of us should applaud all of our constituents for sending us here. Let us again applaud our constituents. [applause] each one of us, mr. Speaker each one of us, as you know, represents republicans represents democrats independents and others and we should always pay tribute to the American People. The American People have called upon each of them, each of us, to serve them. They have entrusted us with their hopes their dreams. They have asked us to address their challenges. The Financial Stability and strong middle, the strong middle class and those who aspire to it is the bedrock of our economy and the backbone of our american democracy. We have a moral imperative to insure that working men and women enjoy the bounty of their unprecedented productivity and to expand purchasing families, the purchasing power of families. To that end today democrats will put forward a legislative package to put americans back to work building our roads and bridges and meeting the need of the American People, paid for by bringing our tax dollars back home to to increase the paycheck of americas working families. We invite our republican colleagues to join us in supporting the stop corporate expatriation and to invest in americas infrastructure. Its time to stop Rewarding Companies to move overseas and instead use those dollars to create goodpaying jobs here at home. [applause] we asked for republican support and action on the ceo employee pay fairness act legislation to insure that workers share in the fruit of their productivity. Denying ceos the ability to claim Tax Deductions on annual income over a Million Dollars unless they give their employees a welldeserved raise. [applause] we must have an economy that works for everyone, not just the privileged few and we hope republicans will join us to achieve a better infrastructure and bigger paychecks for the working people of our country. Better infrastructure, bigger paychecks. We open this 114th congress in the year we celebrate the 50th anniversary of the Voting Rights act one of the most consequential pieces of legislation in our history. President Lyndon Johnson and Congress Passed it. The president signed it reverend Martin Luther king, jr. And others along with our own john lewis fought for it and inspired it. We must continue to inspire the engagement of every american. It is the vote that preserves our democracy ends injustice advances dreams and sustains our freedom. And in terms of protecting our freedoms let us recognize and salute and thank all of those brave americans who protect our rights and indeed, protect all of our liberty. Our men and women in uniform our veterans and our military families. [applause] mr. Speaker today were at the start of a new year and a new congress. With fresh opportunity for the American People. Today the is the feast of the epiphany, the visit of the magi. Let us have our own epiphany. This moment, on this day, were not just republicans or democrats. We are americans not just in name but in spirit. Standing on the Higher Ground, Higher Ground than the last election. And my hope in the inevitable exchanges and clashes that may happen in the months ahead, we will not lose sight of the truth. That is as fresh as this ceremony is today and is historic as our republic, that the ideals that unite us are stronger than the issues that divide us in this house. [applause] that does not mean that we are dispensing with all disagreements and debates. Our democracy is robust precisely because we have believes and we stand proudly and persistently for them and our democracy preserves and prevails because in the end we are humble enough to find a way forward together. So my fellow colleagues of the 114th congress, let us uphold our deep and different convictions but let us honor our common obligation to our country. In this congress we will do that, do so under the leadership of Speaker John Boehner. [applause] this house will continue to be led by a proud son of ohio and a happy fan of the ohio state football team. Yes. [applause] a man of abiding faith great heart, and deep dedication, john boehner is truly a gentleman from ohio. Congratulations to you john, to mr. Speaker, to debbie, to your daughters, lindsey and tricia and the entire boehner family. Thank you for sharing john boehner with us. [applause] god bless you and your family, mr. Speaker. May god continue to bless the members of this house of representatives. This is the peoples house. This is the peoples gavel. In the peoples name my privilege to hand to it speaker of the house for the 114th congress the honorable john boehner. Mr. Speaker. [applause] god bless you mr. Speaker. God bless america. Thank you. Melissa there we go. That was the moment right there. You saw the gaff develop somewhat reluctantly some would say, being handed over to now Speaker John Boehner from pell pell after a pretty long speech. He was speaker last time, wasnt he . Melissa she is now minority leader. She was minority leader last year right . Like a dozen wedding toasts now . Nothing changed. Melissa hey, come on historic moment. Say something serious. Nothing changed. Im confused as well. Why do we have to go through all this ceremony and especially the rule that when you introduce somebody, you dont speak longer than the speaker . What is the market doing. Melissa there is all that. Look at oil for a second. Oil trading below 48 bucks a barrel for the First Time Since ape of 2009. The dramatic slide takes us through the first veto threat of 2015. White house confirming a few moments ago, even if Congress Pass legislation for the Keystone Pipeline the president would not sign it. The fact is this piece of legislation is not all together different than legislation introduced in the last congress. And you will recall that we put out a statement of Administration Position indicating the president would have vetoed had that bill pass the Previous Congress and i can confirm for you if this bill pass this is congress are the president wouldnt sign it either. Melissa were not working with anybody, that is what he said. The state Department Says the Keystone Pipeline would create 42,000 jobs. Should you be kind of gracious and say well read the legislation carefully first . Melissa no, no, no. Theyre just saying doesnt matter what you send us were vetoing is. Melissa well torch before we read it. What do you think. With the oil price this low what the white house is going to say this is economically viable without the pipeline. Therefore if were not going to pass this, we can actually prevent this stuff being pulled out of the ground. Not i agree with their case but i think that is the case they make. I think politically theyre playing with fire for two reasons. Number one the republicans will definitely talk about the economic impact. It will be interesting economic impact. There are more than 35 jobs created. That is number one. Number two, i think average american who did not benefit from the obama economy a economy of a stock market going from 9 on the dow to wherever it is to 18, 17 1 2. That americans benefits directly and will benefit from lower oil price. That benefits everyone even the person who doesnt have a brokerage account. Melissa live from ces liz claman is standing by with daimler ceo. You have to look at their luxury driverless cars. Do you ever have too much money . Melissa less car, more Luxury Living room. Mercedes reimagining the future of automation with a selfdriving design. It is creating a lot of buzz at the Consumer Electronics show in las vegas. Our own liz claman joins us there now with a very special guest. Liz . Let me tell you something it is the most photographed car right now on the floor of the Consumer Electronics show, 2015. Mercedes concept car with an all glass roof and, melissa i think this grill has your name all over it. This is an Autonomous Car that actually made such a splash as it arrived here in las vegas for ces 2015, look at the video. As this concept car drove down the las vegas strip. This is just absolutely crazy. It has a ton of buzz about it. As consumer electronic show really morphs into a car show, autonomous smartphone on wheels car. Who is the guy behind this . Lets look at peter deaf cha. Head of. Jamie dimon. Daimlerchrysler. A lot of people are looking at this saying when can i buy it . This is working functioning prototype, which has all the technology were talking about for real, but we dont sell it right now. This is the whether you can get in the showroom cclass sclass the. You and i both talked at the Consumer Electronics show and we talked about the connected car. That is pretty much expected now, right . We talked about the distracted driver. Here with an Autonomous Car there is no driver. There is no driver there is no distraction. You can drive, if you prefer. That is the, you have to turn around here in your seat but you dont have to. You can use all the amenities which are here at the time. Now can make a phone call. I can have any kind of thing. Now i make phone calls. Here is lucy. I want to talk with her. We can conference. Where i stand i go back. I now want to know something about where we are driving and we can open this. If you pan right here, you can see on this door, that you can actually then spin around to the door at your back. You can see the las vegas boulevard and the guided path that it will take you. It is just fascinating but how truly far away a truly Autonomous Car is, can you put a year on when the cars will be on the road in club seating and having conversation with no driver . This that is like next decade, five to 10 years from now. In this decade well have steps of it. You will be on the highway up to 65 miles. The car will be autonomous. But dealing with that here and just letting the car go entirely on its own that will be like about 10 years. Do that again. If you can get a tight shot. You can either have environment and really see it here take it by camera. Right. If you dont like the where you drive you put another landscape in and you have Something Else here. As we finish up with this, i remiss if i didnt ask you as a german leader after german conglomerate, the eurozone situation, the euro hitting a nineyear low. How is very weak euro affecting your business right now . Well of course were an exporter part of our business from germany. A weaker currency is helpful short term. Long term, a strong currency is a sign of a strong economy. Thats what we prefer of course but we, we will deal with either situation. We think like 1. 25 would be parity in the long run. Now we have to see much stronger euro. So we will come back. You are back, certainly as you look at the innovation of this Autonomous Vehicle that is absolutely. Stunning. Peter, great to see you. Thanks liz. Thanks for having me. Let me tell you what we have coming up in the next couple of hours. Music legends we have 50cent Curtis Jackson of mss audio. We have his phones as a fitness tracker. Fox business exclusive. This guy is turning the Music Industry on its side. He is embedding music exclusive music into speakers. Exclusively on fox business. Thank you so much, liz. A little bit of hypocrisy at my all mamater. Harvard professors getting sticker shock with obamacare. A time capsule is set to be open after more than 200 years piles of money coming up. I take prilosec otc each morning for my frequent heartburn. Because it gives me. Zero heartburn prilosec otc. The number 1 doctorrecommended frequent heartburn medicine for 9 straight years. One pill each morning. 24 hours. Zero heartburn. Sheila you see this ball control . You see this right . Its 80 confidence and 64 knee brace. Thats more. Shh. I know thats more than 100 . But thats what winners give. Now bicycle kick your old 401 k into an ira. I know, i know. Listen, just get td ameritrades rollover consultants on the horn. Theyll guide you through the whole process. Its simple. Even she could do it. Whatever, janet. For all the confidence you need. Td ameritrade. You got this. Melissa it turns out there is no free lunch. Even if you are one of those lucky people dining at the harvard club. They were shocked to read their open enrollment package which patiently explained the costs were going off. One french history professor says raising our healthcare premiums is enough for a pay cut. No kidding. I know these folks. I sat in their classrooms. They are not stupid voters that can do math. Who does not want all humanity for that matter to have good health care. Are you willing to personally take a pay cut in order to pay for the policy you are advocating. They were afraid your reaction would be a 10 to the screens echoing to harvard yard. They all joined us. Thank you for this discussion. This came out as a New York Times article. This has turned into a big ordeal. Does it surprise you . It does not surprise me. It seems ungodly. It does not surprise me. Melissa isnt that the point really . Everybody knew that those prices would be going up. If you like your plan, you can keep it. If you like your doctor, you can keep them. I do not believe though, as i said, that these folks were immune to the math. I think that they knew it. What do you think . Those consequences are for other sorts of people. It runs deep on this story. Not just because of the sputtering quotes that we are breeding from the professors, but because they are also quoted in the New York Times. We all want nice things for everyone. You Want Health Care for everybody. Nothing is free. You have to ask folks when they go ahead and do this with policies. It turns out, a lot of these folks that are advocates do not want to personally pay for it. I think that is the point. 96 went to barack obama. In theory, they were for all of it. Now, they are howling. I think that you are right. They assume that even if some people got a raw deal, it was for the greater good. Melissa it is amazing that they actually get to vote. What if we had some sort of mechanism where you could quantify for folks as they get out there and they are in favor of a policy. Here is precisely what it will cost you as a taxpayer. What do you think . Would it change the way people vote on things . When you talk about the cost even the party that passed obamacare, they have a sense that they are holding their noses. Nothing close to a perfect solution. Melissa i want to hear your thoughts on this. Follow me on twitter and like me on facebook. Steep declines again today. Lets go to Nicole Petallides on the floor of the new york stock exchange. Certainly someone has been supportive by the volume. That will be interesting to see whether or not this is the day where they really break down. Lets take a look at this. Dish is on the move. The young people. They do not want to pay for cable. They can have streaming to their phones and the like. This is what dishes promoting right now. Back to you. Thank you so much. A rocket landing that many were hoping would be historic. Twentyeight seconds before launch. Spacex will try again this friday. Approaching aol about a possible takeover. Expanding the mobile video offering. Seventy billiondollar project has been delayed for two years. Three hours. It really is not that fast. If you have not gone outside yet, do not. What you need to know about the frigid weather. Already circulating Urban Outfitters getting slammed again. At the end of the day it is all about money and fashion. Foreign markets. Asian debt that recognizes the shift in the global economy. You know, the kind that capitalizes on diversity across the credit spectrum and gets exposure to frontier and emerging markets. If you convert 4quarter p e of the s p 500 its yield is doing a lot better. 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If you have any sudden decrease or loss in hearing or vision or any allergic reactions like rash, hives, swelling of the lips tongue or throat or difficulty breathing or swallowing, stop taking cialis and get medical help right away. Ask your doctor about cialis for daily use and a free 30tablet trial. Melissa i am melissa france this with your fox business brief. This picture was tweeted after an accident while exercising. He says he has been working from home on doctors orders. Sony bringing back the walkman. It has returned and luxury form. A high and ipad with a touchscreen and bluetooth. There you go. Coach making a rare accusation. Nearly 600 million in cash. It is all part of a huge turnaround plan by coach. That is the latest from the fox business network. Giving you the power to prosper. Melissa 2015 welcoming some winter weather. Wind chills today looking downright balmy on reports that tomorrow could feel like 45 degrees below zero. Our very own jeff flock. He is out in chicago. Well below freezing. Jeff it is a warmup. 13 degrees melissa. It feels like negative five without windchill. The forecast really going to be ugly. Around minus 50. They also had snowed today. We have the latest numbers i think, on the cancellations nationwide. 2803. A delayed figure. It may lead to a spike in energy prices. Take a look at the Energy Sector are. Pretty nasty today. A gentleman out here that was asking for money. This is a tshirt. Know what tshirt contest in chicago today. If you are, you are not happy about it. I do not even know what to say to that one. Melissa thank you. Urban outfitters now feeling the heat. The coveted by god. Make no mistake the Company Stands by its ad. The reporter for fox news. Com. Are they standing by ready to tackle . Yes. Very popular. Very trendy. Our studio crew has not heard of it. It is also going over into pop culture. Beyonce is accused of airbrushing her photos on instagram. Melissa there is space in between your upper thigh. You are so thin that your legs do not touch. Below the average. Four models, that is the average. Melissa did you see how you size up in this . I might not even have half gap. It has not really affected that much. We are talking about it. Do you please people when you put thinner models on your website or do you put really thin women on your website because this is what people who are buying small underwear want to look like. I interviewed the therapist about this exact story. They need a more diversified product four models. She is not a marketer. She is not a shareholder. From a business perspective, are they doing the right thing . I recommend that they go ahead and put some chunky ladies and these underwear. If they are really that flattering, they will work even with some fuller figures. They will gain a much broader base of customers. Melissa wow. Lets just let it go. I think that is a better idea. 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Melissa major averages coming well off session lows right now. About 160 points off session lows right now. Oil prices unable to crawl back. Down another 4 to 47. 93. Right now, trading a little higher than that. Landon is the retired ceo. Sources telling peter barnes an announcement eight as soon as 4 00 p. M. Eastern. Every corner of the globe money is flying around today. Starting in northern china. It is 8 million square feet. Can you imagine . Bridges, zones churches. World famous landmarks. With temperatures hovering at 0 degrees, you are not likely to melt any time soon. Inflation is running at 10 which has made the local produce much more expensive. They have stopped importing many items like rice and cheese. Landing in vietnam where sharks are ruining the internet. Special underwater cable. They are being chewed on by hungry fish whose sharp teeth get sensitive in deep waters. It could take weeks in order to repair. Going after a little more than spare change. Skip flag. Com. The site helps users find cheaper flights by booking flights with layovers in the city you actually want to go and then you just skip the next flight. He is not doing anything wrong and he joins me now. I assume there is an algorithm. Yes. It helps consumers save a lot of money on airfare. Melissa how much could i save . You could easily save up to 80 . It may actually be cheaper to book to atlanta with a layover in toronto. Melissa what is the airlines problem with this . It is reducing the cost of access to information by consumers. The operating costs stays about the same. It can potentially affect their profits. Melissa you are paying a lot less to get there. They reached out to me back in sept number. There was some communication and then silence. Melissa how many people were using your site at the time . It is still up and running. Last tuesday, i reached a little over 1 billion. Melissa you have raised almost 60,000 on copeland need. Why are people supporting you . I am pushing for something that consumers find valuable to them. I am providing them with band inside an insight they cannot really have anywhere else. I feel like people would run into problems with the tsa. Are they worried about what happened to this person . Missing flights is not something new. People miss flights all the time. You are an entrepreneur. I am sure that you are working on other stuff out there. Good luck to you. Thank you for coming on. Only time will tell what is in this mysterious box. We certainly have been waiting long enough. We will take a closer look at what could be inside. At the end of the day it is all about money. S . Thats right. Its just that im worried about you know hidden things. Ok, whys that . No hidden fees from the bank where no branches equals great rates. The world is filled with air. But for people with copd sometimes breathing air can be difficult. If you have copd, ask your doctor about oncedaily anoro ellipta. 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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 10 years weve helped families just like yours with wills, Living Trusts and more. Visit us today for legal help you can count on. Legalzoom. Legal help is here. You know your dentures can move, unlike natural teeth. Try fixodent plus true feel. The smooth formula helps keep dentures in place. Its free of flavors and colorants, for a closer feeling to natural teeth. Fixodent. And forget it. These ally bank ira cds really do sound like a sure thing but im a bit skeptical of sure things. Whys that . Look what daddys got. Ahhhhhhhhhh growth you can count on from the bank where no branches equals great rates. Melissa we have breaking news right now. Former Virginia Governor bob has been sentenced to two years in prison. And two years of probation on a federal corruption conviction. That is a lot less than the ten years recommended by prosecutors. He testified asking for mercy from the judge. He was convicted on 11 of 13 public corruption counts back in september, for trading access of power for highepisodeend gifts. The public will get its first glimpse into a time capsule back from 1795. It was at the massachusetts statehouse in boston. But by none other than two american patriots, samuel adams and paul revere thats who they think put it there. Jack and joe are here. This is a cool story. Inside reportedly theres a metal plate owned by paul revere. Coins and maybe books. Melissa they havent opened it yet. So they have some idea because some stuff fell out . And they xrayed it. 1855 it seems it was moved in a different container of some kind. Boston doing well on the time capsule front. This is the second one they found since october. Are you going to race up there and take a look . This is a cross between antiques road show and a duffel bag of old camping gear. Melissa five by seven by about 2 inches. Boston museum of fine arts has it. I cant wait to see whats inside. Its a treasure trove. Its fantastic. Thats all we have for now. I hope youre making money. Countdown starts right now. Liz 15 miles of floor show space all in las vegas grabbing the attention and excitement of you, the consumer. Welcome to Consumer Electronics show 2015. Its expected to draw, i heard this number, this is nuts. 170,000 people. Past couple of years its been 130 maybe 150. If you brought your friends. 170,000 people. Why . The economy is better. And the products are better. Im liz claman. Welcome to countdown