Ok thanks a lot. It actually turns out that it's a major problem that's occurring to others as well. They have a whole thread open for it. This is what support says:
The most recent jQuery update caused a conflict for sliders of all our themes. This also taught us a good lesson of not using Google CDN and to go along with the jQuery that's included in WordPress.
If you are having a problem on your site and would like to fix it; download the latest version of your theme at dashboard.gabfirethemes.com and update your theme.
Thanks a lot for your help!