other direction delivered by his defense secretary. we'll share with you. david: starbucks, you knew this was coming, passing on price of higher minimum wages to you the customer. we knew it was coming but not this soon. >> closing bell sounds on wall street. major averages ended the day you see the dow rose 97 points. [closing bell ringing]. rebounding from a 218-point drop. gold down, oil higher. a big turn around there, david. david: huge turn around. we'll talk to a trader at the cme about exactly what happened with oil. while markets wait for tomorrow here is everything you need to know right now. a one-month bandaid, greece's last-ditch hope. the new pitch as greece's prime minister showing up to the big eurozone meeting with no specific plans stunning financial ministers but now there may be some hope. >> listen to this, german

chancellor angela merkel at the center of negotiations aimed at keeping greece in the e.u., that role not being taken lightly in germany. one of the country's leading tabloids labeling merkel as the iron chancellor. sound familiar. the name was given to margaret thatcher in the 1980s. david: president obama picked up phone speaking with merkel and greece's prime minister alexis tsipras encouraging all sides to negotiate. that seemed to have impact on the markets. our own ashley webster is on the ground with the very latest. ashley, we saw it in the markets. were the folks in greece aware of the phone call from the president to greek prime minister? >> reporter: not one bit at all, david. we have people coming up to us, what the heck is going on in brussels? have you heard anything? they continue to wait in line outside of banks as they get their 60 euros for the day.

more and more they're just betting 50 euros. there is very real threat the banks will be running out of cash by the end of the week. you would think the greek leaders would be hustling a little bit more when they got to brussels today. no such thing. there may be an inkling of a deal but nothing yet. maybe tomorrow. we understand there could be a two to three-year deal, a proposal to basically buy some time for the greeks but i'm not sure the iron chancellor, angela merkel will go for it. that reference is basically the german saying, be tough, don't give in to greece. they have had two bailouts. if they get a third they have to come up with those terms. as you said even president obama got in on the act. white house press secretary josh earnest says everybody loses if greece falls out of the eurozone. >> all parties continue to acknowledge that it is in their collective and mutual interests for greece to remain part of the

eurozone but the only way that we'll succeed in achieving that goal is for all of the parties to agree to a package of reforms and financing that puts greece back on a path toward economic growth and debt sustainability. >> reporter: no easy task and bear this in mind, greece's debt stands at $356 billion. that is, for every man, woman and child in greece, $32,000. that is how much they have received from the e.u. in their financial lifeline. and now they're asking for more. so it is not going to be easy. germany is certainly going to hold the line. we're now getting reports that they could indeed reconvene the emergency summit on sunday. isn't that just like the eurozone. when doubt, call another meeting. back to you guys. david: ashley i started to talking to you early this morning when i was on with maria. are you still on with another

hit after this or are you going to bed? >> reporter: yes. no, more to go, david. more fun. david: the man who never sleeps from greece, ashley webster. that news out of greece driving a major turn around in the stock markets. here at home the dow seeing a 328-point swing. how is that for a roller-coaster ride? stocks ending up in positive territory being down as much as 218 points at the low. oil pushing higher in electronic trading after dropping below $51 a barrel since april. alan knuckman, bull's-eye's options standing by at the pits of the cme in chicago. alan what a wild day. it was noon eastern time we saw this turn-around. i noticed it first with a couple of energy stocks. i saw halliburton had turned positive. then conocophillips and a bunch of energy stocks. is that what really started this turn-around? >> i think that was a drag on the marketplace. what is interesting how the

market came back yesterday even though we've seen energy stocks, energy itself, crude oil go down 15% in the last just few weeks. that was incredibly impressive turn around in the face of this weak energy but the market rebounding the way it did today, that is usually the sign after bottom. we want to see how it follows through here. it made new relative lows and closed positive. the vix did not make new highs even though the market may new lows. david: not only did it close positive, i noticed halliburton ended the day pretty much at its high for the day. it was up over 3%. that's a good sign for tomorrow, right? >> it could have been some short-covering. we need to see what kind of buyers step up. david: okay. >> you have to look at a lot of resource stocks. if you look at energy, look at metals, if you look at any of the resource stocks they have been crushed over the last few weeks. it is important they participate. it is very encouraging to see the broad markets bounce the way they did. this is typically how a bottom is made. now let's be aware s&p is positive for the week and

positive for the year. so we've been through all this and we're still positive which is a very encouraging sign. david: barely but we're on the right side of that arrow. >> green. all we're looking for. david: that's right. we got it. alan, thank you. gerri? >> love that green. new and familiar warning from the imf, cautioning the fed once again that hiking interest rates too soon could stall the u.s. economy. the it mf says the fed should wait until it sees clear signs, clear signs of wage and price inflation. the federal reserve is expected to release minces june this afternoon. that i doesn't stand for international. it stands imperial. david: oh, i like that gerri. there is china. chinese stocks fall as the supporting steps to help the stock market. the central bank would lend from its own balance sheet to support stocks. some worry about conflicts interest. that is the government's most desperate move yet.

the main index has dropped 30% in three weeks. it climbed dramatically in the weeks preceding that. the index dropped more than a percent today. gerri? >> the president warning it will tyke time to root out isis in iraq. in a senate hearing we're learning more about his strategy for accomplishing this. blake burman standing by in washington. blake what came out of today's hearing? >> reporter: hi, there, gerri. how about this number, 60? that is the total number of ground forces the u.s. has been able to train in syria to fight against isis according to defense secretary ash carter who testified before the senate armed services committee today. carter added u.s. has only been able to train fewer than nine thousand fighters in all of iraq. carter and joint chief of staff general martin dempsey faced tough questions after that how long it is taking to get training programs which are a big part of the president's plan to fight isis up and running. senator jeff sessions exclaimed to carter, part of the

recruitment problem stems from the forces feeling they aren't going to win on the battlefield. listen here. >> general dempsey was training iraqi forces eight years ago. i visited him in iraq. that was his primary responsibility. we've been training them for nearly a decade. >> reporter: shortly after that white house press secretary acknowledged the 60 syrian-trained fighters clearly is not enough but josh earnest also added there are current challenges. >> we want to make sure individual who is go through that groups, for example. we want to make sure that the right individuals are going through that training program and setting up the program for vetting those individuals takes some time. >> reporter: on the hill during testimony carter also pointed to another number, 5000. he said there has been that many airstrikes against isis in both iraq and syria which president

obama you might remember yesterday also mentioned as having been successful eliminating isis leaders and capabilities. so that the administration cites. gerri, david? >> not to impressive. thanks for that report. david: we have a panel coming up discussing that. meanwhile in politics senator marco rubio taking center stage outlined his domestic policy agenda. he called for tax reform and plan to deal with the student loan mess, as a way to usher in quote a new american century. the senator sat down and talked to our own neil cavuto and the conversation turned to none other than donald trump. neil. >> if marco rubio is concerned about constant attacks getting from donald trump he had a funny way of showing it earlier today, rubio said he is very much focused on anything but donald trump. >> do you think he is hurting the party? >> i think comments he has made, i think comments he has made not about the party, i think comments he has made allowed

people that don't want to have debate or talk about illegal immigration to talk about the very serious debate on hand and that is this. we have a broken legal immigration system and we have illegal immigration problem that isn't just composed by the way of a porous border with mexico. >> bottom line he is continuing to stay focused on his own campaign despite a drop in the polls. rubio says it is still early. it is that, dave, very early. david: indeed it is. neil cavuto, thank you very much. what is interesting he didn't really attack head on the way that bush did attract trump. >> no. david: chris at this did as well. he was more subtle bit. disagreed with him but wasn't taking on. >> his whole demeanor is pretty calm. another day, another deadline, u.s. world powers pushing the date for a nuclear deal with iran again. one senior white house official saying it would be a tragedy if a good deal can't be achieved. we'll go live to vienna what is on the table now. david: hillary clinton widely

criticized for shutting down out the media. she will sit down for first national tv interview. why the personal connection may behind c this n scoring the big get. >> she was "playboy's" 2014 playmate of the year. check her out you will want to see this you won't believe what she is doing now. kennedy summers coming up. david: we mix it up, don't we? >> we mix it up. ♪

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that's why i have the spark cash card from capital one. i earn unlimited 2% cash back on everything i buy for my studio. ♪ and that unlimited 2% cash back from spark means thousands of dollars each year going back into my business... that's huge for my bottom line. what's in your wallet? gerri: we have some breaking news for you. the army is set to cut 40,000 troops the next few years and cuttings seventeen thousand civilian employees. these cuts are due to civilian constraints. they will affect domestic and foreign posts. if sequestration takes effect the army will have to cut 30,000 troops. at that level it would not be able to meet the current deployment demands. david: over in the air force a mid-air collision over the skies

in south carolina. an f-16 from shaw air force base colighted with a small cessna plane. the pilot ejected in a small field. not clear who owned the plane or who was on board. the air force and ntsb are investigating the cause ofhe crash. we'll bring you any updates as soon as we get them. gerri: now to iran. the u.s. state department announcing today that the deadline on iran nuclear talks have been extended again, this time until friday. fox news chief james rosen is live in vienna very latest. james? >> reporter: gerri and david, greetings from vienna where officials say they should know in the near term whether they do or do not have a deal. by this point however, three of the foreign ministers from countries involved in these talks, those from russia, china and the u.k., are already gone from vienna. i asked a senior u.s. official today, when you're dealing with

an adversary in a negotiation who has shown a decided unwillingness to make difficult decisions does repeatedly extending the deadline serve as disincentive to get the adser is vary make the decisions. the official called that way too simplistic adding incentives are not just ones on the table in a negotiation room. a time deadline may have less of an impact than what minister zarif has to face back home. maybe another member of the p5 plus one has an election and that is greater factor on their decision making. the official confirmed they will amend u.n. security council resolutions on sanctions on iran limiting ballistic missiles that could deliver warheads. they add important restrictions remain in place in terms of u.n. sanctions and unilateral sanctions on conventional arms and ballistic missile stockpiles. the treatment of the iran by the security council has been terrible to put it mildly the

iranian official told reporters. we think the iranian file should not been sent to the security council in the first place. that file should have been taken care of here in vienna by the international atomic energy agency. but for political reasons the file was sent to new york and the security concerns sill adopted number of resolutions imposing sanctions on iran which we consider illegal and unjust, hostile to iran. we want a comprehensive solution to the nuclear issue here in vienna there should be a shift. lastly, a u.s. official said they made 69 transatlantic plane flights back and forth as part of these nuclear negotiations, u.s. officials have. they also said they have been sitting around in some of the off hours who would play themselves in the movie version of these negotiations, if such a film rather improbably came to exist and they said, kirsten dunst, kirsten dunst would play marie harf. discuss amongst yourselves. gerri: my goodness, breaker schuss. james rosen, another day,

another deadline missed. thank you for the report from vienna. kirsten dunst, what do you think about that? perfect. absolutely. bring the story back home of the we want to talk about south carolina a second. it is one step closer to removing the confederate flag off of state grounds. the state senate officially passed a bill and the debate has moved to the house. supporters of the flag proposed displaying a variation of the stars and bars or moving it to a state museum. a two thirds vote is required by the statehouse or senate to remove the flag -- 2/3. earnings season is about to kick off and results may not be what investors want to hear. playmate turned from miss december 2013 why she turned from "playboy" to the stock market. they are all related, aren't, they, gerri? gerri: no, they are not, okay. we'll make them so. you total your brand new car.

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liberty mutual insurance. gerri: well tomorrow is the unofficial start to the second-quarter earnings season. alcoa kicking off results after the bell. just one of four stocks in the s&p 500 set to report this week. our adam shapiro joins us from the new york stock exchange with what you can expect. all right, adam, my friend. what are you expecting from alcoa? >> talk about alcoa and talk about the s&p 500 because a lot of us have our 401(k)s tied to this stuff. first with alcoa they're expecting to see earnings per share jump 26%. 23 cents at least the estimate earnings estimate on revenue of 7.9 billion. that is not what everyone is expecting for entire s&p 500. alcoa might have good report. but index as a whole will see earnings contract 6%. in the first quarter we saw earnings grow 2.2%. some of the things working against companies boeing into

the earnings season, a stronger dollar, slow down in sales overseas because after stronger dollar. it is hitting the revenue line. that will hit earnings per share, gerri. gerri: adam, i see energy stocks in particular are expected to take a big hit? >> they are expected to take a big hit. one as the dollar has to then stronger, the price of oil has fallen. they're not making same kind of margins, something to keep an eye on as we go into earnings season, revenue picture, s&p 500 and russell 2000 as well. russell 2000 career to date is outperforming s&p 500. we talk about the dow all the time and s&p 500 but a lot of technical traders tell you if it follow russell 2000 it is good indicator on strength of the economy and it is outperforming the s&p 500. gerri: americans will have to watch their 401(k)s, adam for sure. thank you for that. >> see you, gerri. david: my next guest's resume' is rather unique to say the least.

it has model, "playboy" playmate and day-trader. here is "playboy's" 2014 playmate of the year now a day-trader, kennedy summers. kennedy, good to see you. we didn't mention your stint at medical school. you were three years into medical school, is that right? >> i was, yeah. david: what happened? how did you go from medical school to being a playmate? >> i did "playboy" while i was in medical school. and then when i became playmate of the year they asked me to drop everything to move to los angeles to come work. i said how often am i going to be here. so i decidedded to do it. you didn't have any regrets, frankly if my daughter left medical school to be a playmate i might have something to say about that did your parents? >> you know, they were really supportive. i was really, really lucky. i'm thankful for that. david: yeah. talk about day trading and you live in l.a. by the way right now. that is where you're speaking from. you have to get up pretty early in the morning when markets open here. how did you prepare for day trading?

how did you get into it? >> i got into it because i got sponsored to give a speech to money managers at a conference in times square for equities.com. i got a free education from cyber trading university. i got really hooked on it. now i wake up at 5:00 every morning. i get into the trading room. i study and work my bets and i love it, done by 8:00 in the morning with acting and modeling. david: you must have fox business network in the background constantly, right? >> naturally. david: all right. you were paid for your modeling. i guess for playmate of the year, what do you get like 100 grand or something like that? >> correct. david: how, did you use that as seed capital for your trading career? >> yes. i thought it was a good investment because i know a lot of day traders fail but i, really made sure to educate myself before i got in there. i try to be really careful. i always use all my resources. david: with a background, you

have a great whack ground in anthropologie which was your undergraduate deagreement you have three years of medical school. you obviously can do a lot of different things but you need some kind of training for it. i imagine you have had some losses along with the winners, right? >> absolutely. and some days my losses have been bigger than my winners. david: they have been but, in the overall do you think you made money? >> i definitely made mon. i made, 80, 58% success rate. with five bad days and a couple -- five good days and a couple bad once. david: we're not always good years. final question, would you consider posing again for "playboy" or is that done? >> my nude days are over. it was foray into the entertainment world but i definitely want to stick to more mainstream image. david: you can stick to anything

you want to from your background. kennedy summers, thanks for coming in. let me know how you do. >> thank you very much. gerri: smart and beautiful. bernie sanders continues to draw big crowds and hillary clinton's campaign is taking notice. david: also starting today, starbucks is going to charge you more for your cup of coffee. coming up we'll tell you why. hint, it isn't higher coffee prices. ♪ [announcer:] what if one stalk of broccoli could protect you from cancer? what if one push up could prevent heart disease? [man grunts] one wishful thinking, right? but there is one step you can take to help prevent another serious disease- pneumococcal pneumonia. one dose of the prevnar 13® vaccine can help protect you ... from pneumococcal pneumonia, an illness that can cause coughing, chest pain, difficulty breathing, and may even put you in the hospital. prevnar 13 ® is used in adults 50 and older to help prevent infections from 13 strains of the bacteria that cause pneumococcal pneumonia. you should not receive prevnar 13 ® if you've had a severe allergic reaction to the vaccine or its ingredients if you have a weakened immune system,

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gerri: breaking news.

a spokesman conferring euro summit on greece just ended. italian prime minister saying that all 28 e.u. leaders will attend sunday's summit, not just those from the eurozone. david: that should be a fun session. "friends with benefits." hillary clinton to give her first national tv interview since announcing her candidacy. cnn chief political correspondent scoring the interview. two weeks ago she attended wedding after prominent clinton aide. we have rich lowery "national review," fox news contributor and sheri jacobus from national strategies pr. nomi, just coincidence that the cnn reporter at the hillary event. >> this is part of hillary's m-o. whether journalist side or plethora banking connections of money that funds what she does

and how her ideas are. no, definitely, definitely crafted this is part of how the, her team operates. david: well, now, rich lowery, the onus on this reporter, the cnn reporter to do her stuff and to focus on, for example, the emails. questions why there is a big gap of emails missing exactly when the benghazi committee wants to know about what is going on? do you think she will press the point? >> she would ask obvious questions and so embarrassing for her and cnn if she didn't. as interviewer the question is the follow-up and how tough you are on the follow-up and whether you don't let your interviewee get away with anything. the other reason this is a shrewd twist for clinton campaign this, reporter is covering the campaign. she doesn't want to blow up her relationship with the clinton campaign a year-and-a-half from the election. so she will ask the obvious questions, so she can say she was tough enough but will not

nail her on anything. david: sherry, surprisingly, hillary may get tougher, tougher deal from some of her democratic opponents, particularly bernie sanders. he is collecting a lot of people now at these crowds. there was a crowd of seven thousand in event in maine in a town with only 50,000 residents. she is getting smaller crowds. let me play -- she spoke to bernie sanders earlier today. let's play the sound bite to get your response. >> look, you know, this is going to be competitive. it should be competitive. it is only the presidency of the united states we're talking about. so, you know, the more the better. let's get everybody out there. let's get everybody working hard, running their own campaigns and then we'll leave it up to iowa to decide what happens in february. david: sherry, a real threat? >> of course it's a real threat. what this has done, it smoked her out. since somebody from the left instead of somebody from the right, made her come out of hiding. that is why she is doing the interview with cnn in my view. she is forced to. briana is good reporter. i have no reason to think that

she will be in the tank for hillary clinton, even though she does have personal relationships. reporters trade on relationships. it is competitive. they want to score the interview. david: sure. >> as rich said, it is follow up that, so i'm willing to give her the benefit of the doubt and i think a good interview would be one that the far right is upset and if the far left is upset for very different reasons, then people right of center, left of center, maybe it was okay. but i don't think -- >> anger everyone. >> any political reporter worth their salt is going to even want to let hillary clinton off the hook at this point. david: hope springs eternal but we shall see. nomi, sherry, thank you very much. rich, while we have you here, you had a recent release in powe lit toe. you said, sorry donald trump has a point. >> i wouldn't recommend anybody go out to talk about the issue the way he has but i think folks coming in from mexico it's a legitimate issue to look at their level of education

especially. because these are not moral degenerates. they work hard but high school dropouts overwhelmingly. you come here, you can work hard have the education level you're still poor, you still end up on welfare. david: not necessarily of the most immigrants come to the united states, the people who come here are the exceptional people. not easy to pick up and leave your hometown, to leave your family behind to leave your language behind, go to a new place. that shows adventuresome almost entrepreneurial spirit. >> or desperation. and if you just look at the numbers, mexican immigrants, the highest in terms of all the sort of things you wouldn't want -- david: compare them to korea, for example. which is a good point, because the koreans who come here, they have to do the same desperation to come here to leave their homeland as mexicans but they have much higher education. >> 60% have a college degree where mexican immigrants only 5% do. i don't blame mexicans for wanting to come here when they're in desperate

circumstances but our imperative as a country should be crafting immigration policy makes sense for us. which means emphasizing education and skills. we don't do that right now. david: a little move for donald trump to explain, wasn't it. in one setting. >> we just did it in about three minutes. david: we did but he is used to smaller sound bites we are even. rich lowery, good to see you my friend. >> thanks, david. david: irs, gerri has new to make. gerri: that's right. they're imposing new rules that could make it harder for you to afford health care. agency penalizing small employer who offer reimbursement accounts to employees. the penalties, get this, could be high as $100 a day per employee or $36,500 a year per employee. congress getting involved. kevin kuhlmann, legislative director for national federation of independent businesses. explain these accounts to viewers. they may not be familiar with

them. employers can put machine nye a into them. this is where employees get this gratis. how does it work. >> thank you, gerri. employers don't offer expensive group coverage but afford health insurance will give tax-free distributions for the employees to purchase individual insurance. no joke, the irs says no longer can you do this. gerri: i tell you. that is the thing that confounds me most. employers doing right thing by employees, helping them out. how cot irs possibly object? >> well. that is a tough decision for me to say. i think they took a look at some of the nuanced obamacare restrictions and regulations and says, well, this doesn't comply with the kind of one size fits all design. therefore it can no longer exist. gerri: wow. okay. according to some folks i talked to it is a philosophical difference the irs is playing out here. they want everybody to be in obamacare basically.

what are your members telling you at the national federation of independent businesses? what do they say? >> well our small business owner members, we have 350,000 of them nationwide, many of whom were not able to afford the high cost of group health insurance coverage. they said, look, we didn't want to go all-in. we didn't want to throw our employees on their own. so instead we offered this middle road where we gave them some tax-free money. they purchased coverage on their own. irs taking away our ability to do is really going to put us a the a disadvantage and employees at a disadvantage as well. gerri: i have to tell you it is confounding. the federal government killing, smashing a solution that small business operators found to a big problem. i want you to hair what congressman charles boustany had to say today. he is talking about the legislation he and others are putting forward in congress, he says using health care reimbursement arrangements is creative approach that allows employees to select health care plans best tailored to fit their needs. our common sense bipartisan

legislation frees employers to provide their employees with options that put individuals in charge. kevin, is this legislation, is it going to pass? >> well, as you know on capitol hill there is not a lot of agreement on health care and health insurance issues but there is good news on this one. and there is in both the house and senate the small business health care relief act. we're optimistic calling for congress to act on this quickly. we're, with our members help we'll push and hope they do that very soon. gerri: kevin, thank you for that. >> thank you. david: gerri, we have some breaking news. german chancellor angela merkel speaking live. she says she expects the greek prime minister, alexis tsipras, to submit a proposal as soon as tomorrow. she says then creditors will study it to determine if it is sufficient to open talks again. also a spokesman is confirming the euro summit on greece has just ended. it's a little before midnight there. italian prime minister

matteo renzi saying all 28 e.u. leaders will attend sunday's summit, not just though from the eurozone. the white house strategy in the battle against isis center stage on capitol hill, concerning new details coming up. also shake shack is shaking up its menu, the newest fried edition not helping the stock after a brutal day of trading. ♪

david: defense secretary ash carter made a shocking admission in testimony before the senate armed services committee before the president made the case our anti-isis strategy is working. take a look. >> as of july third we're currently training about 60 fighters. this number is much smaller than we hoped for at this point, partly because of the vetting standards i just described. >> i got to tell you after four years, mr. secretary, that is not very impressive number.

david: mike baker former cia covert operations officer and nomi and rich are back as well. mike, four years, hundreds of millions of dollars spent in this program. we have 60 fighters. what's up with that? >> i guess we basically hit about not quite 1% of our target in terms of training. and, in terms of costs, we've spent spent over a billion dollars, a billion dollars. david: on 60 fighters? haven't done the math. but probably hundreds of thousands of dollars per fighter. >> this was an incredible event. the president meeting with the pentagon advisors and coming out to give this speech because he knew he had to try to do some damage control and be seen as getting ahead of the curve. there is no strategy involved. we haven't had a strategy for some time. look, the sad reality is we know

this after a decade trying to train iraqi troops and trying to get other countries into this effort, the sad truth without us, the u.s. re-engaging on the ground, we will not defeat the islamic state. as much as we'd like to think that some limited effort will do so. and the problem is, we have no political will to do that. who wants to do that? david: but, nomi, the fact is what ashton carter says, we have to trust the defense secretary to know his business about, i think direct contradiction to what the president was trying to lead us to believe that we have an action plan. >> well, when the whole plan was initially more funding was provided last september, another $500 million into those numbers, the idea was that the syrian moderate group would somehow be on the side of the u.s. because they are against isis, we're against isis but they're also against president al-asad. the idea they would stop that fight to be on our side and be recruited into the u.s. fight against isis.

that was illogical to begin with. it was illogical then. these numbers indicate it continues to be illogical. david: after four years. >> the strategy doesn't make sense. david: after four years. rich, there is another thing going on here. that is the electorate of the united states clearly seems to be against any kind of boots on the ground. on the other hand, the gop republican caucus voters, 72% according to "quinnepiac poll" are in favor of supporting more boots on the ground, both in syria and iraq. what do you make of that? >> amazing finding, isn't it? i really think, not just true of the republican party but american public generally, there was a shift in the james foley beheading video, when you really saw the kind of dovish turn in public opinion nationally and among republicans change. and the person who should be looking at this finding and most worried about it is rand paul because this shows that his foreign policy views are really out of step with the rest of the republican party.

david: or gop caucus members are out of step, i'm wondering? maybe the gop is out of step with the general electorate? >> among the general electorate, polls showing 50% of the people favoring boots on the ground. i agree with mike you will need american ground element to make this thing work. we focus on that the exclusion of the main question. first you need a strategy. then you need resources to support the strategy and someone to actually implement it. david: last word by rich, gentlemen, lady, thank you very much. appreciate it. gerri? gerri: more breaking news out of europe now, german chancellor angela merkel speaking live from brussels, she is reiterating that greece has inyet submit ad proposal that warrants restarting talks. she expects the greek prime minister, alexis tsipras to submit a proposal tomorrow. also important to note merkel is indicating she is open to a deal that would fund greece in the short-term. she is saying any proposal from greece would have to do even more in the way of reforms than what creditors demanded before

the referendum this past sunday. boy, she is the iron chancellor. david: it will be a busy week. it ain't going to end soon. starbucks meanwhile charging its customers more for coffee. starting today we'll tell you why they're doing this right after the break. your odds of winning the big powerball lottery are about to get a whole lot worse. why? we'll have details on the new rules taking effect in october. ♪

david: whether it is on wall street or main street here is is making money today starting with carnival of the company received the go-ahead for the company to launch crewses to cuba. while final approval is pending from cuba, the travelers can

reserve a spot on a voyage by putting a $600 deposit today. generaller is passing the torch. the 1976 olympic torch, caitlyn jenner used in lake tahoe is being auctioned off. it is expected to fetch more than $20,000. call it bond, musical, a production based on 007. aiming for a broadway run. no word if the main villain will be called gold singer or not, gerri. gerri: i love that. gold singer. starbucks, bad news if you're a starbucks fan. your morning java is about to get more expensive. the coffee giant raising prices 5 to 20 cents more on most of the beverages starting today. the entire building shook when we saw that. that is coming as a surprise with coffee prices down big so just what are you paying for? back to discuss, nomi prins,

rough lowery and scott from the street.com. welcome all. starbucks raising our prices. what are we paying for if not coffee prices? >> not shocking. in other news whole foodses is raising its prices. people are not going there for a deal. they say even though the the pre of beans is going down, it is wages and rent they need to cover with this price increase. gerri: scott to you, i look at this, i say higher wages. these people going on sabbaticals, we pay for that too. this conscientious capitalism is not working out as a customer. how about you? >> shows how powerful the starbucks brand is. the question becomes will consumers continue to go to starbucks. the answer is yes. we talk about five to 20 cents. yes the coffee bean has gone down. they have locked in bean prices at least for next year or so, according to a conference call from the cfo back in april. they're still going to continue to pocket the extra change while paying a lower price. gerri: i hate to hear that. nomi to you, will we see prices

go up on other things we buy at starbucks as well? >> i don't know if we will care as much outside of the coffee. looking around this office here. there is like five different starbucks, different sizes. lattes the whole thing, grande. i think starbucks, they are good with their employees. that's okay. and coffee is, it is a need but i think we'll, we will pay for the extra costs. if not we'll go down to the local 7-eleven to get a black coffee. >> dunkin' donuts has fine coffee. dunkin he doughnuts has perfectly fine coffee. >> there you go. gerri: what are we paying for here? let me get back to this. if you're running a company who are you supposed to make happy? the shareholders right? that who is ultimately have to be rewarded. i like to have a cheap cup of coffee. is there something wrong with this strategy in your view? >> as alluded to i don't think it will affect customers at all or chase anyone away. because it is a brand experience. they like the product.

they like the convenience of the locations that are pretty much everywhere at least in urban areas. so, they are going to raise prices as much as they can as it won't hurt them. gerri: millenials not paying attention to the bottom line? you guys don't care you? pay anything for stuff you really want. >> i don't think anyone noticed at cash register when a price of cup of coffee was 20 cents more. starbucks hasn't raised prices the past two years. this is not something consumers will notice. a lot are going to their local small business coffee shop. that i think is real play here. gerri: you know, all coffee all the time. that's what i say. nomi, rich, scott, thanks for coming on. >> thank you. david: i like rich like dunkin' donuts. may the odds never be in your favor. why it is williaming a lot harder to win the lottery. that is next.

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david: just our luck, winning of lottery is becoming more difficult. chances of powerball increases from 1 in 175 million chance to 1 in 292 million chance. likelihood of scoring grand prize is going down. this is good news directly related. you have now a greater chance of collecting a smaller sum. the changes are said to take effect with october 7th drawing. you want gamblers a taste of winning. that makes them come back. >> i don't ever play. i only do it when people shame me. at casino i will play something. i just. my mother play is. david: she does? does she win? >> every week. no.

david: best gambler at end of their life, they don't win. >> more likely to get hit by lightning. david: that's right. >> that does it for us. deirdre bolton is here to take you through the next hour of fox business with "risk & reward." she is coming right up. deirdre: thank you so much, gerry and dave. welcome to "risk & reward." u.s. and major powers trying to find common ground with iran for a nuclear deal. we'll bring you the latest. speaking of deals there may be no greek deal before monday. we'll keep you up-to-date on that. while everyone is watching greece, china may be a much bigger problem for u.s. investors. "risk & reward" starts now. >> straight to the most important news of the day. u.s. stocks reversing yesterday's losses. traders digesting a stream of