janet yellen or larry summers. some controversial comments hurting his chances and anthony weiner, we'll talk to the man who conducted the latest pole. and tech grim reaper, putting another one on death watch. cue the organ. i was right about the phantom pig. and the dow set to open 50 points down or more, is that because of harry reid next. i want to make things more secure. [ whirring ] [ dog barks ] i want to treat mo dogs. ♪ our business needs more cases. [ male announcer ] where do you want to take your business? i need help selling a. [ male announcer ] from broadband to web hosting to mobile apps, small business solutions from at&t have the security y need to get you there. call us. we can show you how at&t solutions can help you do what you do... even better. ♪ ♪ come with me and you'll be in a world of pure imagination ♪ . stuart: who came up with that? that's good. are the facts pure imagination? and one whose group was targeted is fired up and on the show later this hour. we're close to the openi

why not go for a janet yellen? is president obama tried to kill the market with this choice of summers? >> i still think that she is the odds on favorite. larry summers really does not like financial regulation. the bond vigilantes, they do not like someone considering an inflation dove. janet likes quantitative easing. i think janet yellin will be picked. i am not sure that the markets will necessarily like that. >> i think that janet yellen will come out on top. she has been a little more dovish. she has voted with the majority. i think she has been a great number two. she is well thought of by her peers. again, i think this is a moment where the president can really make a mark on the fed. cheryl: that has to be addressed. the first time we would have a woman running the federal reserve. we still have not had a woman as president. there are a lot of issues when it comes to women. let's talk about his time at harvard, for example. >> deregulation, the removal of glass-steagall, a lot of people blame it on those m

janet yellen, larry summers who has got the upper hand? the man with the inside track on so many things federal reserve, jon hilsenrath is live next. david: he really moves markets on this subject. >>> the president looks to shift the conversation back to the economy in a whole series of speeches that began this week, his big push, inequality. it is job number one for him but what is really more important to our nation to the businesses in our economy? equality or growth? we are going to debate that with an all-star panel you can not afford to miss. coming right up. ♪ [ male announcer] surprise -- you're having triplets. [ babies crying ] surprise -- your house was built on an ancient burial ground. [ ghosts moaning ] surprise -- your car needs a new transmission. [ coyote howls ] how about no more surprises? now you can get all the online trading tools you need without any surprise fee ♪ it's not rocket science. it's just common sense. fromd ameritrade. ♪ ♪ ♪ [ male annocer ] if y can stand the heat, get off the test track. get

they don't know janet yellen very well. she keep as low profile. she's very well-known to people at the fed and in the academic community but she is much more of an unknown quantity to the obama administration. >> though still the concerns about summers for a number about democrats, they think he is too cozy with wall street. he is too in favor of deregulation and they're continuing this push on capitol hill against him this is something that will play out over the fall according to the white house's likely timeline. if you look how much time they do have, the current fed chair ben bernanke, his term ends at the end of jjnuary 2014. back to you. ashley: got a little ways to go yet. rich, thanks so much. appreciate it. >> yeah. tracy: so they're called worker centers. non-union worker advocacy groups helping workers appeal to employers and while not considered unions by law some are claiming that they're just unions in disguise on the prowl for more members and more money. fox news correspondent mike emanuel has the gory details of this story. hey,

they are bulk, larry summers and janet yellen are competent well versed economists, but it is the acactivism part that bothere bo. -- he thought markets did a far better job than he could do directing them, these people do not believe that, they think they can do a better job than markets, and it is getting worse every day. same thing with treasure and regulators it is a disease that spread throughout washington. and a lot of economics. neil: all right, thank you very much. >> thank you very much, neil a real pressure being with you. neil: focus not on who makes latest green card, look at this, on why it is so damn ugly. i mean is that the goal to make it so ugly you find it cute? it might work with bulldogs, but this is bull something. neil: all right. butt ugly car. anything but ugly jobs, bmw going green, this is its attempt at going green, looks like a 51 la a popular science t gone bad. who needs style, when you get more for the mile. what do you make of this some. >> at first look, i thought i was watching movie transformers, one of those cars that will turn into a big robot. i think t

>> janet yellen is one. alan blinder, don kohn, alan ferguson. all of those people have been confirmed in the past, sometimes multiple times. i think not only are they capable but there is reason to believe they would pass that second hurdle. the question is, who is the president comfortable with? what do his advisors think, et cetera. liz: will you come back? >> sure. liz: love your ear perspective. thank you so much, gary stern. ashley: computer hacking, a modern day plague sweeping through corporate america. we'll tell you about some explosive testimony on capitol hill about hacking and how much it is costing u.s. companies. liz: and star power. we've got an exclusive first look at not just the new line of rhianna branded lipstick that will hit the stores, newer, newer line that will hit the stores this fall. estee lauder president john dempsey joining us for a fox business exclusive, how he turned zero marketing dollars into the fastest sellout after single lipstick in history. ♪ when we made our commitment to the gulf, bp had two big goals

you've got janet yellen, she may be the next federal reserve chief, carl shapiro, counsel of economic advisers. but let's get to where the students want to work. they're not necessarily going into politics, they're going into technology. hey, push back here. stanford acts like it owns silicon valley. >> well, stanford is a fine university and a fine business school, there's no question about it, you know? when we think about technology, as you mentioned, a lot of our students want to go into that, into that field. we think about it's a very dynamic field be, you know that, right? very, very high clock speed. lots of change. not everybody wants that work environment, but a lot of our students do. it is also the kind of industry that is wide ranging. when you start thinking about education technology or biotechnology or social media or i.t., and it is also an industry where you can have a tremendous ripple effect. all of us use technology so much during our lives that it has system-wide impact. and be our students want to have that. so that's partly why we see so many people coming to h

yellen. they didn't exactly knock larry summers though some did say they were concerned about larry summers viewers an history on regulation or as they put it, deregulation. back to you. tracy: rich edson, thank you very, very much. >>> former cbo director donald marron says spending squabbles will come to a head very soon. he is our special guest ahead. >> look how the dollar is moving after we heard from the fed. a bit of a mixed bag. the euro moving high every against the dollar. u.k. pound though losing a little built of ground to the u.s. dollar. we'll be right back. [ male announcer ] meet mary. she loves to shop online th her debit card. and so does bill, an identity thief who stole mary's identity, took over her bank accounts, and stole her hard-earned money. unfortunately, millions of americans just like you learn all it may take is a little misplaced information to wreak havoc on your life. this is identity theft. and no one helps stop it better than lifelock. lifelock has the most

stuart: she's a shoo-in to get that job. >> janet yellen never met a printing press she didn't like. of course she's going to print. bernanke can't take his foot off the gas and yellen won't take her foot off the gas if she's a shoo-in and we think she is. that means generally speaking, the market is going to go higher. that's what we're geared for. the number is relevant, but marginally so. really, it's important what the fed is doing. stuart: it is, it is. keith, thanks very much indeed. we'll be watching at 8:30. that's an interesting headline prediction, under 1% growth. all right, president obama is down playing the job creation potential of the keystone pipeline. in an interview with who else, the new york times. the president jokes, he said it will only create 2000 jobs. by the way, trans-canada's estimate that is building this pipeline, the canadian part. 118,000 jobs. and his own state department puts the number at 42,000 jobs. now, get this. the general accounting office reporting that the agriculture department paid out more than 10 million dollars in benefits to deceased,