in the valley. in the meantime, lots more to come this afternoon. cheryl casone starts right now. cheryl: getting his way one company at a time. president obama praising walmart. even though the federal government could not get the job done. mark your calendar. tipping off isis under plans to strike. giving the terrorists plenty of time to prepare. apple. just five years away from creating an electric car. speaking of taking over the world. meet the highly ambitious robot that wants to be your smart personal assistant.

even when they say it's not it's always about money. ♪ president obama taking shots at republicans today. the president next is criticism with claims of an expanding economic recovery. >> if you want to be the party of higher wages, come on and join the cities and other states. walmart is now raising wages. it is good for business. do not stand in the way. cheryl: i want to bring in my panel. welcome to all of you. the president said walmart was

not doing enough to keep america going. >> i think that this is a significant victory for the president in a sense. democrats and the labor unions have been prodding walmart to raise wages. they did so yesterday. prod and that economic had helped him. there is an endless supply of unskilled labor in this country. you know, he won. cheryl: who is next? the thing bank is going to be his next best friend? >> it is an interesting turn

around. at the end of the day though walmart worker wins. >> it is different for the investor. >> walmart is the winner over the long term. they need these wages to be able to shop. the other winner is the taxpayer. we no longer have --. i have to move on, charlie. >> we are now hitting a new all-time intraday high. 18,100 change. we did not have that type of market this morning. when the markets opened, we were very nervous. we are on track for the first record close.

>> either i the way, we are getting some good news. they are nearing a deal, we think. it may be on the negotiating table. just days before the bailout expired. i will use the word cave. >> you get the feeling that stock investors are looking for any excuse to list the market a little higher. you have a bond yields near nothing right now. are we really going to raise rates in this country as quickly as people think?

will those bond yields the attractive? >> that is good news. >> i saw stocks trade up and down. stock traders just trade off these headlines. low interest rates. where else will you put your money? >> you have your all-time highs, veronica. breaking news. a good thing to see. let's go back to 2012. they made our financial crisis look like a walk in the park. there is still some strong rhetoric. it is just looking better right now than it did this morning. >> not as much as a factor years

ago. what they have done is insulate the rest of europe. cheryl: we are getting headlines that there is a broad consensus on a deal from greece. this is where the markets are taking us. >> i have to believe every one of our banks are protected from greece. they had that test run years ago. you would think that u.s. banks are protected from greece. this is just a headline play. you go to market for those macroeconomic reasons like you talked about. >> no matter what you are doing today, you have to look over the next 10 years.

extending the bailout for greece for four months. >> you say 10. how about five. >> i wanted to get that in. it is taking the markets higher. washington turning its attention and pressure on both sides in the port shutdown for both of these sides to come to an agreement. reach a deal by the end of today or pack your fax for washington viewed we know the labor secretary has been there. he is saying we will go to d.c. >> the fact is they need to come to a deal. the real cost in the economy.

it has affect did growth already. you think about the fresh food. it cannot get to the end consumer. there is a real costs already. there are, of course, reports emerging that apple is targeting big year 2030 for a rollout of its own letter cars. setting the stage for a battle with tesla and general motors. i do not dow apple's ability to do anything. let's assume that it becomes ford. it takes all of ford's business

and market value. here is what he said about this. i think somebody is trying to cough up a hairball here. i would not be very happy. i would be highly suspect. he basically said apple he used to run gm. >> such a big part of our lives. relatively small market value. >> they have money to do something. innovation comes out of these sort of projects. they made by time warner. the content part. they can afford it.

>> we are talking about a car. something that we do not really a good about today. >> it kind of goes to the apple watch. have we truly have taught him on the idea of wearables? the fruit company is coming out with an edible wearable. >> how do you wear it? you wear it on your wrist. >> so many double that will come out on this. i do not even know what that is. it is kind of ridiculous at this

point. >> it is. once again, i do want to update you on the breaking news we brought you a few moments ago. the dow is a little bit higher in the last few minutes. once again, we are getting some good news out of europe. we may have a deal when it comes to greek and europe european officials. the markets have been jittery on this. not so much right now. the u.s. stopping just short of sending and invite.

hillary clinton. big money donors. why some believe she was peddling influence for price. smart money is coming up. ♪

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the 12 the most radical battle and our fight against isis. a save the date vote. giving isis a friendly heads-up. here to discuss this is a fox news military analyst. >> i know they shortly knew at

some point we would be coming up there. had we done that in world war ii, prior to d-day the germans would have been structured. we may not have had a lot of success. there is no reason except for political purposes. >> we are putting a lot of eggs in the basket for the iraqi army. they have done nothing but lose battle after her battle. they are not ready and they certainly need to be exact just. you will really fall down on your face.

i believe that this was political. some type of settlement that he had the last couple days. he wanted to put an edge on his policy. melissa: he ruled out ground troops. though polls now show us that americans want to see us go in there on the ground. >> i agree. strategy is a terrible problem. that is the reason we are seeing the lack of success so far. the homebase other than an air campaign. they need to think about their strategy. they had this and then people were criticizing about that. education and other things which should not be totally atomized. we will also roll up our sleeves and get tough with them.

this notice to the enemy. melissa: reports that the italic and air defense system is going into high alert now. we have already talked about the potential of immigrants. what about an airstrike? are they overreacting, i tell you? should we be concerned about this? >> enough early warning systems out there to detect enough systems coming off the ground. you know, you look at all these people that are flocking to isis because they want to be a part of it. >> gentlemen, thank you to both of you. we will see what develops over

the weekend. guys, thank you very much. consider it a good reason to stay indoors this weekend. the coldest day of winter for millions of americans. some good pictures, at least. you know that he woke up like this. having a very good hair day. piles of money. coming up. ♪

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cyclones. knocking out power to thousands of people. for foot pulls out of the water. it is not coming at you. over the netherlands. double the trouble for this polar bear mom. she is just taking them on their very first outing. speaking of doing things over in north korea, to radical makeovers. just debuted a new hairstyle. shaved on the sides and left high on the top. >> hot tub time machine. melissa: look at his eyebrows.

[laughter] >> that is what you do to your eyebrows. hillary clinton ties with big business coming under scrutiny. between 2009 and 23rd team donated over $26 million to the clinton foundation. ge, exxon mobil boeing-- >> those are the companies that lobbied. citigroup gave some money. goldman sachs gave some money. they would just love to get hillary clinton to do stuff with them when she gets into office. someone that will be president.

>> companies though, 44 participated and products that went to the global initiative. a hands-off charity. >> headed by -- >> this is the clintons. >> there will be great games to disagree on.

ties to hillary clinton. it will have impact on policy. >> giving money to the platform. hillary clinton remaining relevant. even when they are out of office. melissa: i am out of time. guys, thank you. old habits die hard. ties unseen since the recession. why this could be scary for everyone. you can never have too much money or personal robots at your disposal. ♪

melissa: arctic last sweeping across the eastern half of the country. icicles crystallizing in georgia and tennessee. check out this giant icicle found in a north carolina parking lot. it is still attached to the curb of. incredible. another man, this time in chicago, got into a bit of a tough time with a snowy / icy mix. another storm is on track this weekend. some enjoy the elements. these red pandas frolicking in the snow. they are having a good time. the dow and s&p to all-time

highs. watching one big-name drive the s&p higher. >> nice to see you. up more than 5%. rising on better than expected earnings. lower gold prices. nine dollars lower today. back to you. melissa: lauren, thank you. no deal get in that west coast port dispute. fox business is learning the ports will be up and running over the weekend. currently 21 vessels waiting to unload right now. subprime lending hitting its highest level since the start of the recession. making up 40% of the loans in 24 team. rich has been following the story today.

>> good afternoon, cheryl. aqua facts says originations were up two and a half percent. an even greater increase of prime borrowers. originations among those are up more than 5%. there is still a stigma attached to subprime loans. the chief economist says they are far different investments for lenders. >> very much within region. getting smaller loans on average. another part of that is they have not risen very much. >> subprime auto buyer orders were four times more like a to increase their score than those with no auto loan.

the average age of a vehicle in the u.s. is 11.4 years. in 05, it was less than 10 years. they are making off with that. melissa: let's bring in some of our favorite financial experts for their reaction. jonathan homemade. jonathan, should i be worried? >> we have not learned the lessons from 2008, 2009, cheryl. government intervention. we have not changed that. you go back to housing. in my opinion bringing all interest rates down. increasing subprime power. the date of printing will come.

it will be for months. education loans. melissa: i can see for auto loans, student loans. the mortgage market is different than it was in 2007. >> very much cheryl. >> there are good times and bad times. if you look at today's subprime lending it is from six years ago. down payments are now required. you better darn well have them land to sub prime borrowers. you are qualified to do this nowadays. cheryl: we should be clear here, dominick.

>> we are dealing with a population that has been credit starved now for six years. almost impossible to get any kind of credit. finally getting some of it. able to go out there and actually live their lives. 20%. the four are being squeezed back into the box. economically, going into a down cycle. the most vulnerable people. cheryl: this is all about fica scores at the end of the day. 500 -- do you think that is a danger level? >> i think, unfortunately, the danger level is not an abstract score. essentially, cut out of the deal. federal regulation over where banks and how banks made loans

has only gone out. i think that is exacerbating the problem. leveraging loans. becoming extremely popular. cheryl: because of regulations on the bank. it has opened up a whole another secondary market. thank you very much. we do appreciate your time. still inside the state department e-mail. three months after an initial breach. this is according to sources talking to the "wall street journal." unclear how much information, if any, has been stolen. new rules including 1 foot in the batter's box and the dugout. the average time was a record three hours and two minutes.

yes, charles. we will visit on march 17 through march 20. it will include a visit to the oval office. we are getting some breaking news and right now. just crossing our wires. greek and finance ministers have reached a deal. for months. the greeks wanted six. greek officials coming to a deal. that has been helping the markets. a new intraday high. well, the west coast port shutdown having an effect on your next hamburger. seriously. how it could impact the price of meat in this country. ravioli without a side of screaming children. all of garden picking up the tab on your childcare.

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to 800,000 obamacare customers. a first. former virginia first lady has and sentenced to a year and a day for his role in a bribery scheme that involved her husband. james corbin's late show revealing the first ever guest. the first to drop i when the show starts airing next month. that is the latest from the fox business network. giving you the power to prosper. ♪

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whatever i can do to help compute a cure for cancer, that's what i'd like to do. >> we are getting more breaking news into fox business. reuters is reporting that the euro zone financial minister has reached a deal on an extension of the greek bailout. the greeks wanted six months. the deal is now a four-mont yield. time for the greeks to work on austerity measures. that government got them you like it. now, when the dealmaking began over the last week course though, things got a little rough. 108 points.

this news was crossing. you want to watch out the markets perform as we go into the final hour with 20 minutes of trading. weather is on wall street or main street. nothing losing money today. the bank cutting the ceo salary by 10%. higher legal costs and a slump in trading. only $13 million. i think he will be okay. looking to make some money. youtube looking to launch an app for children. original episodes of shows like sesame street. plus, all of garden is making it easier for you to enjoy those unlimited breadsticks. the restaurant offering free

babysitting. a four course meal starting at just $12.99. happy friday. tgif. there is no deal just yet. fox news is learning that the ports of los angeles and long beach will be open this weekend. u.s. exporters have divergent millions of pounds of pork and beans into cold storage over the last few weeks. does this hurt u.s. exports? >> absolutely. it already is. look at the price of the meat markets. look at the hog market. they have had a bigger drop in the oil market, if you can believe that. right now, if they start to work

on the weekend, that is a big change. meat was backing up. we will get a cold storage today at 3:00 o'clock eastern time that will show that supplies in cold storage will be at the highest level as for this time of year than in the last three years. if you look at the u.s. exports of these, they have been signing. up until now different parts. even back during it out through canada and mexico. if this strike goes on, it will flow to u.s. exports. about 13% of our beef goes overseas. if this does not get solved soon, we will run out of places to store it right now.

they cannot find places to put it. at some point, it will hurt the economy. tax prices are lower. melissa: two thirds of the meat. i did not realize you rely on ocean freight. that is a huge number. >> a big part of our economy. i remember disputes with japan or some of the other countries about the quality of the meat. a major impact on the prices. right now, this is a big part of our economy. i talked with one of the biggest traitors in the country. 20,000 long startup. melissa: thank you very much for coming up. in 14 minutes "countdown to the closing bell" will begin.

liz: a lot of breaking news. what form is it taking? we are skyrocketing here. all green on the screen. we will get you the very latest on whether there is a solid deal with a european union to extend. we will also be looking into the port situation. cheryl, if i gave you $10 billion told you you had five years to produce an all electric vehicle, could you do it? we will be gaining the possibility of this actually happening. the journal that wrote the story. apple says they can do it by 2020. we will talk with him about the possibility of what it will do. the anatomy of turning into a totally acceptable beach for a company.

howard lutnik could teach a lot of these. activist investor lessons on how to do it. he has just done it with a company called gfi. how did he convince all the shareholders that this was the best deal out there. cheryl: a lot of breaking news coming through. they give very much. are you stuck in the cold? these critters are finding a way to keep toasty. oscar preparations along the way. the most money being the most awards? you can never have too much money. ♪ help brazil reduce its overall

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melissa: oscars are this weekend. american sniper by far the biggest moneymaker. popular with fans. popular with the academy. the mac they did everything right. they said this is a war movie. so busy getting excited about it. the trailer was awesome. you watch razaleigh cooper. you see the little boy and then it in. does bradley cooper shoot the little boy? it is brilliant. cheryl: so much controversy about if. >> obviously, american sniper has made more money than any of

the other nominated films. avatar made an enormous amount of money. it does not necessarily mean it will wait. >> to pick favorites. bird man and boys would for best picture. >> i think that it will be heard man. pga i think it has the momentum right now. cheryl: commercials very expensive. will it be a financial success? >> it will be a huge success. everybody says they do not write things that are advertised. cheryl: i love it. thank you to both of you.

i had to show you this. finding a very frustrating way to stay warm. some of them are seen here taking a nice long smoke. okay. you will not believe this. what would you say if i said you could have your own 24 hour assistance. at the end of the day she's all about the money. ♪ it's a masterpiece. thanks. clearly you are type e. you made it phil. welcome home. now what's our strategy with the fondue?

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in extension of greek bailout by four months. we did get reaction. dow and the s&p hitting new all-time highs as that news was crossing. so we're standing by for that. we have something we want to bring to you that is fascinating. i imagine a robot, they get me coffee, talk me threw schedules, what robot base is creating. artificial personal assistant for every home. here with me is the company's ceo. dewey nguyen, and this is maya. >> she's my personal assistant. she can tell me how to cook? >> absolutely. she can walk you through a recipe of how to make curry. >> chop chicken into bite size, next cut onions into cubes. cheryl: she's telling me how to cook. what else can she do? >> there's a lot she can do.

one thing is to read to my daughter, she can read a story to my daughter. >> princess followed the deer. cheryl: okay. >> one of my favorite features if i have a party this weekend, can i have her recognize faces and take photo for me. so for example. >> ready? 1, 2, 3. cheryl: that's great. she took a picture. >> so there's all kinds of things she can do which is so crazy. you did crowdfunding. >> yep, we did. cheryl: you blew out numbers, people can buy one? >> yes on the website. cheryl: she can organize my home, she can connect? >> absolutely. cheryl: i have breaking news we are following breaking news. it is official the greeks and

the european creditors have reached a deal over the country's request to extend the bailout in an ongoing press briefing. euro group saying a deal was reached. the bailout extended by four months. we're continuing to monitor this and i'm going understand that over to liz claman who has the market reaction on this big breaking news. liz: we will take it from here, and your money is at stake, on the cusp of a deal. two, in fact. we have the news flying around from greece to california. deal? no deal? which matters the most. eurozone finance ministers keeping the bailout open to greece, according to the greeks at the big meeting in brussels. here's the big clue both sides at work on official statement that addresses greece's request for extension. the second that news came out, the markets jolted hower, the dow industrials up 145 points. the nasdaq charging ahead by 24. it is the russell 2000 and the s&p that have added this