stuart: we are done. connell: thank you. though market warning about a higher risk. sick ship on the high seas. royal caribbean forced to bring back one of its cruises with hundreds of people getting sick. the most dreaded the that people are forced to pay. we will have that and a lot more on market now. ♪ dagen: look alive. just breathtaking how low these temperatures are.

take a look at these numbers. the arctic blast taking hold last night. the current windchill in chicago is negative 25. it will get down to minus 34. connell: jeff flock is in chicago. jeff: boy, i tell you. i have been through a lot of winters in chicago. this may be the worst. you see this curious phenomenon that you do not see that much in chicago. as we get a wide panorama of the lakefront, this happens when there is a large temperature

gradient between the water and the ambient air temperature. we are expecting to be below zero in chicago for one of the longest stretches we have ever seen. there is a lighthouse there. it gives you a perspective of what this looks like. the amount of time and duration of this will be one of the keys, as well as the windchill. in chicago today we have all schools close. about 400,000 students. hundreds of flights canceled. i tell you, the rush hour this morning, not that bad. a lot of people staying home from work. this is a town that knows it is called. i will leave you with a picture, if bob is able to do it.

the canadian geese are just kind of sitting in the late waiting for it to freeze and they will have to get out. the canadian geese may think that they are in canada this morning. the northernmost point of the 50 united states, minus four for a hike today. connell: something else. jeff flock in chicago. dagen: some resilient birds, those canadian geese. connell: it is negative 28 in sheridan, illinois. >> yes. this frigid temperature, it could not come at a worse time. thirty-one states undeclared

states of emergency because of a shortage. there is a high demand and a low supply. prices aren't out the highest they have been in more than 20 years. consumers are being hit. suppliers are really feeling it as well. now with the shortage, some of

them are going 600 miles away. all across the country this is what people are facing. with a shortage, it is expected to continue all the way through the spring. connell: thank you. goldman sachs warning there is a higher risk for a global poll back. what do you think of the markets here? >> we share goldman's concern about what is going on in the markets. we disagree that it may result in a significant u.s. decline.

our view is that stocks potentially could pull back five or 10%. we are probably down three or 4% right now. corporate earnings so far in the fourth quarter are coming in better than expected. by and large, the economic data is coming in better than expected. we think the labor report will bounce back a week from friday. things were pretty good last tuesday or wednesday. we think that it's about markets : those markets, those

economies are in pretty good shape. our models are suggesting a 7% underweight to emerging markets right now. connell: let's talk a little bit about the united states. what action should be taken? >> said back. you let the falling knife fall. for example, this thursday we will see the flash report for gross domestic product.

the number has moved up almost a full percentage point based upon the acceleration of economic of proof here in the united states. dagen: we should get some economic lift from that. >> absolutely. proving to be a much more reliable trading market for us. sometimes it can turn into something pretty big. this turns into an emerging market contagion.

it is certainly something that we are watching. right now china -- there is questions for growth there as well. this is the unknowable right now, does this turn into a bigger global contagion. at this point, we do not think so. connell: 10% or something like that. interesting. dagen: thank you. great to see you. come back soon. connell: the most hated these out there. airlines keep seeming to pile up. one thing that seems to put people off.

dagen: talking about that very thing. he founded the agency. they had a record year. they're talking about buying second homes and vacation homes as well. connell: google making a run at artificial intelligence. it is all ahead on market now. ♪

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a $29 value free. don't wait until you become the next victim. ♪ ♪ connell: we are going back to nicole. caterpillar shares surging after a strong fourth quarter. nicole: if it were not for caterpillar, the dow jones industrial average would actually be in the red at the moment. it is up about 5.5% at the moment. it has been adding roughly 30 positive dow points.

we are also watching dear. hoping the dow jones industrial average today. back to you. dagen: baggage fees now at the top of the list of the worst airline fees. 48% of buyers hate baggage fees. airlines racking up extra $27 billion every year in overall passenger fees. charges ranging from 15 to $25. to the dude who is boarding

early with the game because it act like you have a problem with walking, i saw you get into your car and load 250-pound bags into your trunk. you are lucky i did not take the cane and hit you with it. connell: government scientists want to deliberately inject people with the flu. once accepted into this program, will they or aren't as pay them to do something like this. if you are willing to have the flu -- dagen: would you do it for free? 7500? maybe 10k. that is his number.

real estate extraordinaire up calling 2014 the year of resorts. here to talk about all things real estate. connell: some of the biggest leaders. keep it here. ♪

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>> 20 minutes past the hour. developing news out of washington. resigning from congress. he was convicted on misdemeanor charges of cocaine possession back in november. he apologized in a press conference back when the news broke. peace talks stalling and geneva today. proposed government transition did not include president assad. they will not discuss replacing

assad. they contend that the dictator must leave. turmoil in ukraine spiraling out of control. the countries justice minister warning she will call for a state of emergency if the protesters do not leave. those are your headlines. dagen: thank you, lauren. connell: time to make some money with our good friend charles payne. charles: it is interesting. a lot of people have been talking about the industrial revolution. sometimes i wonder why we don't call this the great industrial revolution. the reason i want to talk about it is because, when you valuate

these companies, you have to take into effect technology. the pope said last week that the internet is a gift from god. howard schultz talked about last quarter. he said there was a seismic shift and an absolute turning point for the direction of retail. brick and mortar retail. how many jobs will be lost? i know it is a form of destruction, but will something take its place? dagen: is it not already a revolution? why can't the world retailers and internet coexist? charles: scholz has that kind of

appeal. i tell you, we talk about a lot. robotics companies, drones, google buying an artificial intelligence company. connell: short. that has been a debate that has been going on for a long time. dagen: you can't buy drip coffee over the internet. charles: the starbucks part of it really did confuse me. he went onto say that they really are better suited. overall, the seismic shift and what the internet would do for this country, i think what it will do for america will be phenomenal. connell: you have a criteria for taking companies that are winners and losers.

charles: i love companies that are taking markets here that are innovative, they can execute. dagen: i will admit to wanting really quickly. after the internet bubble had peaked, but before people really realized a lot of these companies would go out of business. we picked companies that would survive in companies that would go out of business. ever one that we said was in trouble is thriving today. charles: that we said were in trouble? dagen: yes. we picked all of these highflying software companies. i was part of a team working on it. dead wrong. it was the consumer oriented companies. in ways we could have never guessed. charles: a blessing and a curse

depending on which side of the argument you are on. connell: -- charles: when you mention nascar, you are in dangerous territory. [laughter] connell: something wrong with this royal caribbean ship that has been in the news. cutting its trip short. gastrointestinal bug spreading. dagen: steve is in miami with the very latest. how bad are things on board now? >> things have gotten bad where the ten day trip has been cut to an eight-day trip. it should return by this

wednesday. up to 20% of the passengers on board were sick. that is more than 600 of them vomiting and going up. a number of crew members sick as well. some entertainers also affected. the number of new cases spiked over the weekend. because of the wave of illnesses, they were unable to provide the kind of vacation passengers expected so they are coming home early. connell: what about the cause at this point? >> officials from the center for disease control boarded the trip in the caribbean several days ago. they have taken some samples. the results are expected to be known midweek. we have seen outbreaks on cruise ships in the past. it is a stubborn virus that lingers on surfaces. we should know more on

wednesday. royal caribbean is saying bishop will be thoroughly sanitized after it reaches port on wednesday. connell: thank you very much for that. dagen: if you are getting ready to take a cruise or warn about it, the cdc tracks viruses. connell: thank you. you had some important information. dagen: a very useful resource if you are worried about getting sick on a cruise ship. connell: mauricio is coming up. that is straightahead. dagen: president obama scheduled to deliver his sixth straight state of the union address tomorrow night. ♪ [ male announcer ] what if a small company

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dagen: at the half hour, here is what is coming up on markets now. one of the biggest investments of your life. mauricio is here with his take on real estate. the battle over artificial intelligence. google looks to take over ibm. we have one ceo on who is trying to make it more affordable. connell: let's go back to nicole and talk about xerox. nicole: the s&p is down. part of that is due to xerox. the number two loser on the s&p

500. a loss of 3.7% today. a loser for the month as well. this is because you have a couple of analysts cutting xerox today. let's talk about what barclays is seeing. they are worried about cash flow. also the fact that the yen continues to depreciate. that lowers tte cost. other competitors are getting in on that game. that could be a disadvantage for xerox. they saw a one-year chart. that was nice. 42% to the upside for xerox. it has been under suppression. dagen: thank you. home sales hitting their highest level since before the housing crash. the agency founder and ceo joins us now with a look ahead.

mauricio, when you founded your business, what was last year like for you in terms of growth from the previous year? >> last year was unbelievable. we saw tremendous growth. we grew about 30% ourselves. prices were up. volume was down. we are looking forward to 2014 now. dagen: how big of a sale could we possibly see? >> i predict we will see some incredible sales. for the first time, we will hit $100 million for single-family residence. i think, we are already starting to see prices which we have never seen on a per foot basis.

in some cases 34, 3500. i am looking for a very big year in the single-family residence he. dagen: the old sonny and cher estate. you are the listing agent on that property. >> yes. we are the listing agency on that property. one of the most unique properties and all of los angeles. sharing the borders with the los angeles country club. it is stunning. dagen: it was put together and three parcels. how much interest -- i am sure that people want to see it. how many legitimate lookers do you get?

>> probably 2800 people in the world that could actually afford that house. they are not all looking at the same time. the interest level is very specialized and top end. we probably get the right people looking at it. hopefully we will get that one gone thisear. dagen: is it a tear down? the main house? >> no. i think the main house will become the guest house for whomever builds the main house on that property. 830, 40,000 square foot main house and use the existing property which is approximately 12,000 feet as the guest house. are you not going to buy it? [laughter] dagen: i don't even have enough money to drive around in my car. mauricio, what about second

homes? you think that will be the hotter trend this year? >> i think 2013 was really hot for primary residence. i think 2014, we will see a lot of people invest in secondary homes, vacation rentals. we currently have a wonderful oceanfront resort that offers some great lifestyle living. i see people in los angeles going to la quinta. easy fights to cabo san lucas. you'll start seeing seeing that trend happening around the country. a great real estate. a great hedge. the people that have the wealth and have some disposable income, why not enjoy life and have this lifestyle for their family and themselves. at the same time, the investors.

connell: mauricio, it is great to see you. thank you so much. >> have a great day. thank you. connell: charles payne made reference to this interesting acquisition earlier in the show. it has been said that the ceo of google led the purchase. this is the kind of thing that fits in with google's increasing focus. we talked about self driving cars. robots. there is a google stock price. dagen: the term broke college kid takes on new meaning. connell: the number of women and

ceo roles continues to grow. it is not transferring to wall street. dagen: top of the hour, more on the dangerously low temperatures. ♪

♪ >> i am lori rothman with your fox business brief.

businesses expecting a stronger performance this year. 43% expect their companies to raise selling prices in 2014. despite the optimism, only 30% say they expect to create jobs over the next six months. pfizer saying it's experimental lung cancer drug failed. results from a third ongoing study is expected in 2016. forty-nine cents to mail a first-class letter. that is a three cent hike. you can still use forever stamps forever. that is the latest from the fox business network. giving you the power to prosper. ♪ we asked people a question,

how much money do you think you'll need whenyou retire? then we gave each person a ribbon to show how many years that amount might last. i was trying to, like, pull it a little further. [ woman ] got me to 70 years old. i'm going have to rethink this thing. it's hard to imagin how much we'll need for a retirement that could last 3years or mor so maybe we need to approach things dferently, if we want to be ready for a longer retirement. ♪ connell: brookings is out with a

study. dagen: president obama prepares to give his state of the union address tomorrow. rich and send joins us from washington, d.c. with much more on this story. rich: fox news poll says 13% of americans say the government should be involved in income equality. a poll says nearly 70%. that new brookings institution post as president obama's most consequential initiative, his healthcare law, was just that. the report says the laws expansion of taxpayer programs and subsidies. one analyst says president obama will have to walk a fine line on that.

>> there is a premise that most democrats have. there is more to be gone from higher taxes. that is a premise that is really flawed. that will never make it in the house. the house will never go along with any new taxes. the president has to talk about how he pays for the new programs. >> he will work outside of congress to accomplish his agenda, if needed. house republicans say it is just a political campaign. back to you. connell: thank you. rich edson and washington, d.c. the topic of more affordable higher education will certainly play a role. thank you for coming on. we appreciate that.

rich was getting into this idea of government role. maybe you can start there. what is their role in government and making college or higher education affordable? >> first, thank you for having me. there is over $1 trillion of student loan debt in the united states. unfortunately, we are seeing record levels and loaned billy quincey. the fact is, a college education has been a great enabler of economic mobility. if it is out of reach, it is failing its purpose. connell: i want to go back and be retrained to use the term that seems to be out there. i want to learn something i don't already know to make more money down the road. the statistics you mentioned,

more and more people cannot afford to do that. they want to go back, but they cannot. >> absolutely. access to postsecondary education is one of the primary movers of income of quality. academic institutions like ours need to take a leadership role in lowering the overall cost. at the same time, real adjusted household earnings are slightly down for millions of americans. connell: the most -- why does he care? he is going to want people to come and pay for education. what are your numbers like? you need people to be there to sign up. what do your enrollment numbers look like the last couple years? >> over the last couple of years, our new student numbers have suffered.

all of postsecondary education was down for the first time in many, many years. looking at the problem, we came to the conclusion that affordability was a big barrier. that is why we took the lead of reducing the cost of our bachelors degree by nearly 40%. connell: what is the proper balance, do you think, between having, you know, in your business, which it is a business, you need to make money, what is the proper balance? what action should be taken? the mac we tend to take a long-term view. one out of every seven student does not graduate in four years. all the benefits that accrue to an individual for having a college education require you to complete a degree. we put a great emphasis on

retention. connell: there have been studies done on other colleges. the ivy league or wherever you want to pay $60,000 a year. is it worth it? what about if someone came to you and said why is it worth it to me to come back to school and go to strayer. why is it worth it? >> they compete with state institutions for sure. our median debt level is in the low $20,000 level. there certainly is a high roi for students coming to strayer. we tend to focus the quality of the program over years. we tend to take a long-term view. the record is our students there very very well. connell: that is what a lot of parents deal with. many times it is the parents.

thank you very much for coming on. we appreciate it. we will have you back on soon enough. >> thank you for having me. dagen: the grammy awards last night kicked off with a steamy performance by beyoncé and her husband mr. jay-z. it was hot. taylor swift not so hot. she certainly has people buzzing. water in the bottom right-hand part of your screen. she was up for album of the year. it was announced. it appeared to look like she thought she won. it was kind of funny. she thought that red was winning. connell: we talk about it all

morning. dagen: it is just so phony. we just do not like her. watch her. no. not you. it was not you. it was the french robots. paul williams collaborated on that one. it used to be a talk show picture in 70s. it was just a. combination on stage. connell: a number of. combinations. we have to talk about more women in ceo positions and taking those roles. you hear about it all the time. startling studies suggesting the same cannot be said about ipos. the local r tomorrow? tomorrow. quick look at the weather. nice day, beautiful tomorrow.

tomorrow is full of promise. we can come back tomorrrow. and we promise to keep it that way. driven to preserve the environment, csx moves a ton of freight nearly 450 miles on one gallon of fuel. what a day. can't wait til tomorrow.

♪ dagen: at the president of women and ceo continues to grow. the same cannot be said for companies that go public. a new report from the university of california revealed that from 1996 to 2013, only 3% of companies went public in the u.s. and have a woman in the top job. karen started as an assistant or secretary and her company. she is now the chairman at the boston-based ad agency. it is always good to see you. does this surprise you at all? >> actually, it does and it doesn't. i was just thinking about being promoted to chairman, how easily i was able to single-handedly

double the number of chairman in my industry. surprising and a little disappointing. we hear the statistics over and over again. to me, i think that the question we should be asking is not why there are so few women at the very top of american companies today, but really why there are so many men. i read a harvard business review blog post a couple months ago. it was written by a man, by the way. why there are so many incompetent man becoming leaders. the issue is not that women are capable in leading american businesses, it is not that they are not interested in it or that they cannot break through the apprentices of the glass

ceiling, it is that we really cannot tell the difference between good leadership and bad leadership. most american companies are very well-managed. all you have to do is ask their employees and ask the customers. dagen: really quickly, karen, i am sorry this is so short, could you work with some different types of businesses? is there one industry that is awful? >> well, i think, there is no particular industry. most industries from an advertising and marketing perspective have figured out that women consume the majority of virtually everything. women are the biggest consumers. every product. even products that are targeted to mend. everything is now smartly being

targeted. i think the issue is that given that, women are still underrepresented in companies that are targeting women. it is even more absurd than it was. dagen: karen, we will see you soon. congratulations on the new job or the new title. karen kaplan. chairman and ceo. thank you very much. connell: in the next hour of markets now. terrible temperatures. it has turned into an emergency. it is only supposed to get colder, by the way. dagen: jay leno not going quietly. his wife, in particular, she was fired up. dennis and cheryl are next. ♪

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dennis: deep freeze, temperatures closing schools slowing down business across the midwest. taking it to the next hour of "markets now." plus, three stocks that could actually heat up things to the bitter cold. stocks are wobbling is one of the worst weeks over two years. will the market route make the fed plague and pulled back on the easy money pullback? and just as the justice department eases up on chronic cash, one opponent tells us why the shift is bad for america. all this and more on the next hour of be 25. we have a seesaw. cheryl: we've had so many analysts say pullback is healthy, maybe this is what we

are finally seeing but not something to be afraid of, may be. dennis: the top of the hour, stocks every 15 minutes. nicole, the vix, the fear index spike he ha has stocks continueo head down? nicole: that is right. down about 57 points coming after a very tough week on wall street last week. down overr300 points, there is a down about 75 points. the question was whether or not we would see people bottom fishing or picking up stocks today. we had the seesaw action so far. started off in the green, new home sales came in, basically turns the market a little bit. the dow down .3%, s&p 500 over half a percent in the tech heavy nasdaq 1.3%. all three major averages lower for 2013. not a great start.

the vix, the fear index moves the highest level of 1829. this really shows investors are still concerned a little fear in the market. igoes back to last october with these levels. back to you. cheryl: it is time now for monday's headlines. first up on our agenda, emerging markets tanking committee appointed of the u.s. central bank. is the rest of the world too dependent on the u.s. or is our fed ruining the world picture? charles payne joining us on set, sandra smith and matt welch, contributor on "the independence. this is a charles payne question. now we are seeing something different. >> almost all the names that are in trouble have unique issues.

turkey, a major, major political crisis, argentina simply won't pay their bills. ukraine's civil unrest, thailand, civil unrest, so you couple all of this. i spent the weekend studying the mexican peso prices, don't see a lot of similarities with respect to the fact they have no foreign reserves, completely flat-footed, but this can mushroom. you hear the small countries don't matter. but the whole world on the precipice. it was a serious crisis for a few months. cheryl: do you blame the fed? they say let's print some more money. this'll make our economy better. dennis: i don't know how much the fed should have to worry about thailand when it cuts back. it has been the most telegraphed, the most protected move. females not hedg hedging against was foolish. it was their fault, not the fed's fault.

>> ability to hunt for artificially cheap money creates bubbles. no exception to that rule. we have had a couple of years to say which one of these things were a bubble. the question is, is thh u.s. stock market one of those? sandra: the fed overreached its boundaries, arguably. i know charles and i have had this conversation quite frequently, but nobody could play by the rules because the fed involvement was something we had never seen before. it was unprecedented did while we may have been people to anticipate when it will pullback, the market never had to deal with this kind of involvement and you can never trade based on a company's earnings. that has impacted everyone. dennis: we are so worried about the fed cutting back a second billion dollars, we have a $17 trillion economy.

this doesn't have to set the applecart. >> many would argue the fed not prop up the stock market, all the sudden when we had a fed tapering, the stock market going down. how can there be no correlation there? charles: the dow went up 300 points and then another 500 points when they told the world are going to taper. the fed does not take 85 billion by stocks with it. they make them more attractive, but you still have to have earnings on the bottom line. they make them more attractive, but you still have to have earnings on the bottom line. why would a merchant crisis hurt our stock market? that is where they have come from. that is where the earnings from the corporations have come from. that is the disconnect looking out the window they say i don't see it. you don't know they are building seven luxury hotels, but they are. dennis: our second topic, or security threats in sochi.

the last suicide bomber in the area. athletes are now been told not to wear usa gear outside of the venue where they are competing. peter king spoke about this over the weekend. >> it is an indicator of how serious our government takes this. the fact there are real threats. talk about the ring of steel around the main olympic venue, the fact is once you get outside that venue or even going from venue to venue, there is real vulnerability. cheryl: many are taught of them is not to visit. would you cheer for teen usa in the midst of all this? >> i don't want to be anywhere near that. it is too cold. but we say this every time the olympics is in a country even like south korea showing the ninjas up and down. always freek out. usually the more authoritarian the country, the more security the country has. u.s. state department, it is not

an advertisement. 1996. dennis: 50 in the previous olympics did the reason they are not sending more is the russians would be insulted, they asked us not to. i want to make sure we keep the athletes safe. cheryl: spending billions on things that have nothing to do with security. this is kind of frustrating. charles: the money they have stolen from their people billing this out is another story. i don't know if i would wear the uniform threat or no threat. [laughter] give me a break. but if somebody in my family made it, i would support them. dennis: i would not take my daughter, i would worry a little bit.

cheryl: whether you are traveling the globe going to the super bowl in new jersey, said i cannot 100% guarantee the safety of people those people who attend, you cannot do that ever. i think you always have to be careful to not walk outside with your uniform on is a reasonable request at all times. cheryl: our entire per dissipation these games have been mired in controversy since the beginning. now we have this, dealing with security. this is a black eye for somebody. dennis: at the same time it makes the olympics interesting. remember when the olympics were super interesting, nationstates, blood in the pool between hungary and the soviet union back then. it gets us more interesting to see how the conflict play out. cheryl: we were saying we watch last night, the grammy awards.

has pretty controversial moment and the surprising winners and losers. is the grammys a relevant piece to the music industry? it is so fractured, right? dennis: some riveting performances, great energy, but would a funeral be more appropriate? four years of business has been wracked by online and the internet. in 2013 for the first time after years of injuries, even digital download sales fell because more services are rising. look at the big winners, macklemore and ryan lewis for best new artist. three new rap awards. no music label, they distribute independently on itunes underscoring the challenge they face. cheryl: some of them self produced, they could no cannot e industry to recognize them. cheryl: i would celebrate that.

on the wrong person when it comes to pop culture to be honest with you. my son hit me to a few new rap artists, but other than that, i am not a grammy watcher. so many award shows these days. >> i did not watch it, but i'm a big fan of the arts and rewarding those who do well and get the attention of their fans. however find a whole thing very contradictory. you know most of these artists complain we don't spend enough on their music, we don't buy their full album, watching missing a mac listen to music for free at we watch this for four hours on a sunday night to watch them complement each other. cheryl: the winner could be cbs at the end of the day. >> it is down from last year because of the pro bowl. 10 million more americans watch in this than five years ago because they switched to live

music, also are the industry itself goes. dennis: stunning performance, pink doing cirque du soleil. truly giving the real tricks herself and for a change don't mind lip-synching. cheryl: i wonder what the demographics are now for this audience. the mash ups between the younger artist and the older. willie nelson. dennis: oh, my god. >> seeing jay-z dance. >> it is a melting pot, baby. cheryl: even beyoncé was there jamming to country music. charles, we have to get you more lined up. charles: i am on the music itself, but not the award shows.

i agree the live performmnces where it is at. >> and the fashion was horrendous. cheryl: i always find a designer gown is attractive as tattoos and facial piercings. happy monday. dennis: subfreezing temperatures even without the windchill causing an emergency across much of the country and it is going to get even colder. cheryl: how the industry is doing damage control again. ♪

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cheryl: despite the fact we had a major selloff on friday and thursday of last week would think the sox would come in stronger today. unfortunately were down despite

the fact cap argument before the open today blockbuster numbers from caterpillar. 22 points impact even with caterpillar strong momentum today, industrial giant not able to pick up the dow jones industrial. visa and goldman sachs, microsoft the names trailing. anything that caterpillar does is going to help all the industrials and as you can see a little bit of a mixed here. caterpillar and some of the other names are all stronger right now. nicole petallides an in the flor of the new york stock exchange. we have new home sales today, the builders and what is happening there. >> new-home sales numbers came in and move the market overall. the homebuilders themselves are mostly mixed, mostly downside and somewhat mixed. toll brothers, lamarr, all with down arrows. kb homes down almost 5.5%.

for the most part to the downside and really new-home sales numbers move the market. the dow started off to the upside in the green. new-home sales summers came out month over month showed weakness. while year-over-year it is good news, we did see the weakness with sales of newly built homes fell 7%. everybody wants to hear the home buyers are adapting and jumping in there. on the contrary, little bit of a weakness and so the market sold off and so did the homebuilders. dennis: thank you so much, we will see you at the bottom of the hour. dennis: tomorrow's business today. testing a new system that allows guests to enter with their smart phone as a key. this individual key to the app on your phone. and then a twisting motion with your smart phone, the hotel suite door and the door unlocks.

given this was a test run before launching official rollout. take a look at shares down like pretty much everything else. cheryl: i would use it. midwest in the midst of a dangerous phrase right now. we will be alive in subzero temperatures have close many schools and businesses. dennis: walmart getting out ahead of harsh criticism in the state of the union address. details on the big p.r. counterpunch coming up. when does your work en

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>> 20 minutes past the hour, i'm lorne greene with your fox news minute. new developments of the mall shooting with vessey is finding a journal at the alleged gunman's home that may help determine a motive. the teenager walked into the busy mind killed two employees before turning the shotgun on himself. the shopping center such reopened today. the white house announcing its

guest list for tomorrow night's state of the union address. among those include the invaders the marathon bombing and jason collins, first player from a major professional u.s. sports team to come out as gay, traditional spans three decades, they will sit with the first lady in the gallery. thousands of people cutting their vacation short o have a stomach bug sweeps through a cruise ship. for the 600 passengers and crew were second aboard the royal caribbean explorer of the seas. left new jersey and generally 21st. those are your headlines. back to dennis and cheryl. cheryl: thank you so much. i had a chance to speak with the ceo of royal caribbean norwegian cruise line earlier and i asked about the outbreak. >> a lot of times maybe visiting other countries and coming back with what might be the beginnings of the virus. cleaning their hands and understanding how serious that is is a good start.

dennis: the full interview on "countdown to the closing bell" on fox business. dennis: walmart rolling out the made in america push for preventive attack for the state of the union address. expected to focus among other things on raising the minimum wage. he with more is elizabeth macdonald. walmart started this a week ago with a splashy event? >> they say they will have a $10 million fund to support american jobs meaning grants to think tanks and universities to create more manufacturing jobs here in the united states. they also have launched $50 billion fund to buy american goods over the next 10 years. if we could show this whole screen and want the viewers through what they're doing. by 2023 you're going to see $250 billion of american goods over the 10 years. they say they have to ramp it up. that is what they are telling fox business. this is a push to rebuild

america's middle class according to walmart facing the toughest criticism on the low-paying job. dennis: we keep making a big deal of raising the minimum wage. some up to 30% i believe obama favors that, but only 3.5 million minimum wage workers in this country of 130 million workers and the average time he said minimum wage is a year or so. walmart has promoted many people up the ladder. has done for more for poor people some argue than the government has. cheryl: the turnover of the workforce, hard to unionize there, that is the push. getting in the door because of the low pay. walmart just laid off 2300 workers at sam's club, so that does not do itself any good. i'm giving you the news here. the union activists, i'm just telling you what is going on. they say wall not.

equals that of nigeria, and oil-producing country, so what they're talking about is when walmart says they're going to do a made in america push to buy american-made goods, most of that is groceries. 20% of grocery sales so far this year, last year rather, is walmart, on march dominating the grocery space man in the wipeout grocery jobs. these are the talking points you are hearing from the union side of the movement and groceries making up a big chunk, about half in some quarters of walmart saying sales. this'll be ongoing fight. watch the state of the union address. cheryl: the middle of the country bearing the brunt, a polar vortex part two. jeff flock in chicago where schools and businesses are shut down today.

dennis: eric holder's unlawful pot businesses should be able to use the traditional banking system. an advisor says america is the wrong approach to legal weed. [ male announcer ] once, there was a man who found a magic seashell. it told him what was happening on the tradg floor in real time. ♪ the shell brought him great fame. ♪ but then, one day, he noticed that everybody could have a magic seashell. [ indistinct talking ] [ male announcer ] right there in their trading platform. ♪ [ indistinct talking continues ] [ male announcer ] so the magic shell went bacto being a...shell. get live squawks right in your trading platform with think or swim from td ameritrade. open to innovation. open to ambition. open to boldids. that's why n york has a new plan --

dozens of tax free zones all across the state. move here, expand here, or start a new business here and pay no taxes for ten years... we're new york. if there's something that creates more jobs, and ows more businesses... we're open to it. start a tax-free business at startup-ny.com. legs, for crossing. feet...splashing. better things than the joint pain and swelling of moderate to severe rheumatoid arthritis. if you're trying to ma, now may be time to ask about xeljz. xeljz (tofacitinib) is a small pill, not an injection or infusion, for adults with moderate to severe ra for whom methotrexate did not work well. xeljanz can lower your ability to fight infections, including tuberculosis. seris, sometimes fatal infections and cancers have happened in patients taking xeljanz. don't start xeljanz if you have any infection, unless ok withour doctor.

tears in thetomach or intestines, low bod cell counts and higher liver tes and cholesterol levels have happened. your doctor should perform blood tts before you start and while taking xeljanz, and roinely check certain liver tests. tell your doctor if you have been to a region where certain fungal infections are common, and if you have had tb, hepatitis b oc, or are prone to inctions. tell your doctor about all the medicines you take, and if you are pregnant, or plan to be. taken twice daily, xeljanz can reduce the joint pain and swelling of moderate to severe ra, even without methotrexate. ask if xeljanz is right for you. of moderate to severe ra, even without methotrexate. can you start tomorrow? yes sir. alright. let's share the ne tomorrow. today we failrly busy. tomorrow we're booked solid. we close on the house tomorrow. i want one of these opened up. because tomorow we go live... it's a day full of promise. and often, that day arrives by train. big day today? even bigger one tomorr.

when csx tras move forward, so does csx. how tomorrow moves. cheryl: coming up in his half-hour, deep freeze in the midwest. live from chicago where it is negative two today. supposed to be even colder tomorrow. where my money could soon find a home banks after all. he went one opponents as a policy shift is bad for america. and will it be déjà vu all over again for nbc? jay leno is causing controversy once again, four years of nbc last tried to kick him out. stocks every 15 minutes. nicole petallides looking at

some movers right now. nicole: the market selling off across the board. some names worth watching here on wall street including royal caribbean, which came out the prophet a last quarter was great, the beats the street, they raise the guidance. however they have los lost moste gains today. one of the reasons may be because hundreds of passengers that are sick on the royal caribbean cruise. putwitter down, down 8.8%. netflix down 2% on the heels of the gloom boom and doom report saying some stocks are good companies bit overpriced but ovd including tesla, netflix, twitter and 3d systems. apple after the bell today watching right now 5:48, up over 52 weeks and a new high today. the only dow component green for the year, and comments from morgan stanley as well.

back to you. cheryl: thank you so much. dennis: return of the polar vortex. chicago and the rest of the midwest in the middle of an icy grip. jeff flock from chicago where the wind chill has dropped to minus 22 degrees. jeff: if you put your face in it, you will get frostbite very quick. they say i said was a once-in-a-lifetime experience, that was two weeks ago. it has been a couple of lifetimes out here. it is amazing, just amazing to me although the water is a lot warmer than the air is right now. look at the weather map. this goes over a wide swath of the midwest. we are talking negative 45 windchill, negative 23 in milwaukee, same in chicago. it will be down to negative three windchill in louisville, kentucky tonight.

just amazing. this has had an impact on schools to air travel, schools shutting down in chicago. 400 plus cancellations at o'hare, cleveland also in the throes of it. midway about 80 cancellations last i checked. the other thing is we have had one of the snowiest january's on record. along the lakefront we had snow yesterday. if i step off into this, up to my knee in drifting snow. when you get snow like this in this kind of temperatures, essentially don't have it go anywhere. it doesn't melt on you. very few people along the lakefront. she is taking a picture, let's walk over here if we can.

this is a person i have seen who is not a professional walking out on the lakefront. she is running away. what are you doing out here? >> i am admiring the lake. this is exciting for me. jeff: exciting, you say. where are you from originally? >> texas. jeff: what do you make out of all of this? >> it is beautiful. jeff: you're right, it is beautiful that were not for the temperature. we're one of the brave one once you've seen out here today. there you go, chicago. dennis: please come in from the cold, this crazy to be out there. thank you. cheryl: jeff needs some actual real snow boots. you are actually playing polar

vortex stocks. colombia sportswear. i have to get him some new shoes. >> people talk about the business being damaged, we're going with a company that will benefit. colombia a great brand. the fact we think they will do great against their smaller peers. cheryl: does it only do well in the winter months? do they have summer apparel? >> one thing would like this during the financial crisis they had been still profitable. even in unfriendly conditions this diminished to do just fine. they should perform very, very well. cheryl: is a this is about the

time to get these guys? 15% up. >> within the backdrop is positive. don leveled balance sheet, we think they can do a lot. we like them. cheryl: down 5% over the last month. the potential buying opportuni opportunity. let's go to the oil and gas. obviously an energy play. energy is usually a pretty solid bet against portfolios. would you add maybe now? >> we thought this was particularly interesting given the project they have in the pennsylvania area a big performer to them. brooks and increased in 2013, the share price is a huge star, continue to invest more in this bid the.they feel they have a wn the program and they'll increase their capital investment to 75% of the entire 2014 budget, so we like what they are doing.

cheryl: what with the competitioo be? >> range. in the best position again going forward. cheryl: johnson & johnson. let's discuss johnson & johnson. he's it is a great play the middle of the polar vortex because they will be selling a lot of cold and cough products. >> new drug introductions coming out. great management, great strategy, dividend play as well. maybe a little bit softer at 5%, net income over 37%. we like them going forward. cheryl: i do want to give it a

quick comparison to somebody like merck. these are obviously different businesses. >> there are little bit more diversified, the more pharmaceutical. cheryl: so you have all these picks. thought the markets. amassive selloff, thursday and the drop on friday, what are you telling your clients right now? >> the fed tapering is dominating the stories. but still an incredible backdrop for stocks. the interest rate environment is low, continues to be low as we do think in part bullish u.s. recovery, we're looking for companies that are going to be well-positioned for the u.s. recovery more than the peer group. where else can you invest your money. cheryl: thank you. polar vortex picks.

i like it. all right, dennis. dennis: jay leno hands off his show ever 22 year run and one botched transition. but he is typically happy about it. tongue 60 minutes last night he would stick around but for his successor, jimmy fallon. he is still number one in late niggt. he vowed to do more tv after the show on february 6. he is 39 and could be in for a long run. that is what conan o'brien thought for years ago until leno came back. and here is the super bowl. breaking it almost $300 million in ads. the stock market in jitters, but sponsors are more upbeat on the economy to spend $4 million for 30 seconds. the numbers wizard shows just how much that price has gone up. the od art is the first super bl fell.

in today's business it cost $1 to reach 83 people. $1 let's h you reach just 29 people. so why do it which mark because the super bowl is the best ad showcase on a planet. cheryl. cheryl: bitcoin stirring a new controversy or may b maybe morea mystery in san francisco. details coming up on the "west coast minute." dennis: u.s. government going to pot. looking to help legal businesses at the legal marijuana industry at least. we have the latest. and a look at the 10-year treasury. [woman]ask me...

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we strive for the moments where we can s, "i did it!" ♪ we are entrepreneurs o started itll... with a signature. legalzoom has helped start over 1 million businesses, turning dreamers into business owners. and we're here to help start yours. >> i'm tracy byrnes with fox business with. labor fight went all the way to the supreme court. they began to unanimously rule they do not have to pay unionized employees the time spent "donning here. the suit was filed by 800 workers at the companies gary, indiana plant. highway traffic and safety administration investigating potential brake problems. the probe covers 30,000 of the cars the 2007-2008 model years.

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dennis: attorney general eric holder says pop businesses should have access to get banks. the federal government will soon offer advice and guidelines to help them get it. cofounder, he has a problem with this. what is that problem, kevin? >> one of countless issues? we want to finance system to help facilitate financing things

like edible marijuana candies, cookies sending kids to the er. they also are a lot of harry issues with regards to atms now, the denver post reporting about how the atms are often anonymous, banks don't even know who they belong to and the dea is worried about criminal enterprises using atms in marijuana stores to launder money. there are a lot of issues. dennis: overall, you oppose the decriminalization, legalization of marijuana. you oppose what they have done, do i have that right? >> you should make a distinction between decriminalization and legalization. we do not support the criminalization of low-level users in jail or prison. that is that we should spend

resources and it is not really where we do spend that. the chances of staying time prison for just a joint is very, very low. we oppose the creation of the next tobacco. it is appropriate we're talking about it on the fox business network because this has created a massive opportunity for essentially an new big tobacco type industry. they hug kids a very young. dennis: the fact a two-year-old goes emergency room fo getting access to aspirin as well. but let's talk about the banking issue here. with the federal government deciding even though pot is still a controlled substance category one, as bad as heroine, the government decides there are certain laws we are not going to enforce at all. what about that? >> first ball with the attorney

general said is nothing about law. he talked about guidance, that is very, very different. dumping it will be enough for u.s. financial institutions to be comfortable with partnering with businesses some of them have ties to criminal markets for the use of a front to moving other drugs. dennis: this.like you can identify a dollar from pot and say we don't want that dollar. isn't this the kettle calling the teapot? >> it has become way too different national bank, it is basically pennies compared to what they made. we actually need reform of the banking side to make sure. make sure the banks and offshore places are not used for money laundering. one issue was the issue of alcohol.

yes, alcohol policy has been a disaster, thousands of people have gone to the er. that is not an example for anything else. whether or not you think one is worse than the other, we don't want to treat another drug like we have alcohol. nobody is asking to prohibit it. we are stuck with it as a cultural issue. why would we have that as a model for anything else? dennis: i would like to take you on again. your group's name is utterly misleading. cheryl: temperatures outside may be falling but so is natural gas today. on the pits of the cme and phil flynn to show us what is going on. interesting week to be an energy trader in chicago, phil. >> i then they priced in the cold weather at 3:00 in the morning. three and a half year high, that was a technical area that a lot

of technical treasurers have. why did they back off? the february futures contract is getting ready to expire. the options expire today, options expire tomorrow, and this contract is going bye-bye. it might warm-up in march, thank goodness because right now we are freezing. we have had an incredible range. falling over $0.60 since making that high in just a couple of hours. what else is falling? entergy complex. down $1.32 right now. live it onnconcerns about the global economy know the extra supplies of product down big on gaston and heating oil. back to you. cheryl: stay warm, phil. >> i will try.

from eas east to west, bring upe "west coast minute" as drought conditions in california have them rushing to sell their cattle. this reall the dry conditions in moisture slow and it will not have enough to graze on in the next few weeks. auction house owners report 800-1000 are being sold per week. the serieseries billboards poppn san francisco touting bitcoin. 40 billboards in random spots have simply said the revolution has started, where do you stand. they say they wanted to raise public awareness for the digital currency. finally in colorado, the first hint of interest for pot tourism made public and pretty strong actually. new data says searches for online travel to denver outpacing all other searches for all u.s. destinations. colorado is the first state in the nation to and activate the

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cheryl: a study by pwc says mergers will help airlines eliminate impossible and redundant routes. the savings will keep domestic airfares down. when adjusted, shares decrease from half a percent.

there are your airlines. all down. dennis: that new pair of shoes is not just a treat. the benefit have been shown to give individuals a greater sense of control and contribute to overall happiness. people who purchase something that could be re- times happier than their browsing counterparts. another retailer caught up in a cyber scare. plus, scoring a ticket to the big game. you will hear from the president of one sports and entertainment group. there still are some vip superbowl deals available.

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open to innovation. open to ambition. open to boldids. that's why n york has a new plan -- dozens of tax free zones all across the state. move here, expand here, or start a new business here and pay no taxes for ten years... we're new york. if there's something that creates more jobs, and ows more businesses... we're open to it. start a tax-free business at startup-ny.com.

lori: emerging anxiety. i am lori rothman. adam: i am adam shapiro. the dow on track for a fifth day of losses. lori: currency from turkey to south korea all coupling on concerns about china and the u.s. taper plans. adam: s&p capital iq christie and short joins us for what will be the busiest week for quarterly earnings. lori: we are live in chicago where it feels like negative 20 degrees out there. adam: when a fortune 500 company

wants to make it to the superbowl. the deal still to be had and how much it will cost for vip access. lori: we dd have breaking news. there is a live look between 26 and 27th street. street all closed. you can see the emergency apparatus. adam: it appears that it was a firecracker. some of the mischievous intent on map. let's talk about something that is on everybody's radar screen and that is stocks. let's head to the floor of the new york stock