ashley webster will be live all i were in athens and all day on the fox news network. thank you so much. see you in a few minutes. financial turmoil increased battle in global markets. first look at shanghai. this has been a rapid decline. it has fallen more than 3% in the latest trading session. this comes after beijing cut interest rates. the shanghai is officially in bear market territory, meaning it sold 20% from its recent highs. the rest of asia also started up the week lower with declines across the board. drops in the nikkei, hang seng and singapore index. in europe come of drops of more than 3% have been seen overnight. the cac and france still at 3%. the attacks in germany as we speak now down more than 3%. significant losses overseas. you don't stock futures on the open on the monday morning light i announced that features off more than a full percent botanical% across the board. and then you'd see in this u.s. treasury sharply higher. look at the yield on the tenure now at at 2.35%. we've also seen a lot of the tip of the sbc all this play out in greece in

ashley webster joins us with the latest developments including a last-ditch plan from the european commission. good morning to you, ashley. >> good morning, sandra appeared as you point out ,-com,-com ma the payment in june to the international monetary fund, $1.8 billion pretty unlikely

ashley webster joins us with the latest developments including a last-ditch plan from the european commission. good morning to you, ashley. >> good morning, sandra appeared as you point out ,-com,-com ma the payment in june to the international monetary fund, $1.8 billion pretty unlikely that the payment will be made for the average person. they do care about getting their cash out of the bank and the lines continue as banks closed today. the atms i wrote then, does it still have cash in the capital controls means they can only take out 60 euros. this began yesterday from people orderly about it. i've seen people smiling as they get the cash and leave. what happens next for greece in the insurgency is of course very worrying. the prime minister went again before the countries saying a vote for him to vote for impasse. he gives us greater negotiations. we cannot and will not live under the conditions the e.u. creditors want us to. no one giving the grounds that it would did have the european commission making another offer. nothing from the great yet on whether they might accept a renewed effo

. >> fox business correspondent ashley webster is in athens. you have the latest for us. what do the people you talk to, ashley. what are they saying? are they with tsipras or going to side with the eurozone? >> well, right now, adam, i don't know if you can still hear an anti-austerity rally going on behind me in front of the parliament building. they clearly believe that the no vote will win on july 5th when the referendum is held. i think it is a case of the silent majority, adam. i think more people will vote yes, yes we will accept the austerity measures because we do not want to drop out of the euro. however, what we heard from the greek prime minister tonight, no big surprise, he is used words such as shameful and unrepentant. we shall show the rest of europe that the greek people are priedful and have dignity. all of this of course setting up the showdown. as you say, less than an hour now, greece technically will be in default on that payment to the imf. first developed economy to ever do such a thing. >> ashley, greek people lose either way, whether austerity or

first to ashley webster in athens. you heard breaking news, ashley. now they're saying they would delay the referendum if some kind of a better deal came along. is greece blinking? >> perhaps, but who knows, cheryl. with each passing hour, each passing minute new information is coming out but here is the state of play as we, as it stands 11:00 in the evening here local time. greece asked the imf for postpone meant of the payment that is due, $1.8 billion, or thereabouts due in less than two hours for the deadline. they also found out that the greek national bank has asked for the ecb to once again raise the ceiling on the ela. sorry about all the acronyms. that is the european lending assistance. they need more money in order to get the cash into the banking system. they made that request. it has been turned down before. they're making it again this time through the central bank. greece wanted to extend the current bailout. finance ministers meeting tonight said, no, that is not going to happen. the finance ministers will meet tomorrow again for the l

ashley webster is live in the newsroom with all the latest on this what is happening now, ashley?od morning, sandra. bottom line friess is not going to make the $339 million payment it owes the imf today. instead it will combine all the four june payments together. that means the athens government has until june 30th to pay a whopping $1.6 billion in total. the last country to bundle together payments like this to the imf was zambia back in the mid-1980s. today's non-payment puts pressure on the imf and e.u. to get a deal done. failure to reach agreement could trigger a greek default and potential exit from the eurozone. that always has been a threat. angela merkel says we want greece to stay in the euro but in order to achieve that greece has to make the necessary efforts. the standoff continues, sandra. back to you. sandra: it does indeed. we'll have latest in this hour, bring it to you as it happens. ashley, thank you. nicole, you've been making calls on all of this. i always like to mention, you are greek. you have family in greece. this story very close to you as well. what a

fox business network ashley webster is live in athens with the latest. ashley?ning ainsley. there is a dash for cash but there's not a lot of these euros next. i am holding 60 rur rows in my hand. 40 percent of those. 60 percent run out of cash more are running out of cash as the minutes and hours go by. approximates it is a difficult situation for people. the banks will be closed for six days. the stock exchange closed today will likely be closed until the end of the week. the big question is what happens next for greece? will it fall out of the euro zone scheduled to have a big referendum next weekend which voters will be asked whether or not to accept the very harsh measures being demanded by syrup pee an creditors in order for-- by european creditors. greece is due to make a big payment tomorrow to the monetary fund. quite frankly, they don't have the money. they are facing bankruptcy and the greek people facing a very uncertain future. back to you. >>> ashley webster live for us. thank you. >> before you book your next flight, the safest seat on the plane c

ashley webster is on the ground in athens. the eleventh hour last night european leaders offered the prime minister of cypress one more possible deal for debt restructuring. ashley: they did indeed. remains unclear today whether there will be accepted or not. we do not know the details. was it the same deal as before? what has changed? it kind of looks like business as usual on tuesday afternoon in athens but it is anything but usual for the future, we have seen lines at the atms which forms of people can get 60 euros, the maximum amount they are allowed to take out. we are told by greek media that is reporting that the greek prime minister alexis cyprus is now being put under tremendous pressure to accept some sort of new deal that will by greece more time, some of the points revolve around the amounts of sales levied on hotels, the original proposal was 23%. the new offer may be closer to 13% but that is the speculation at this point. will the greek prime minister succumb to that pressure and agreed to deal? another facet of

stuart: who is ashley webster?he joined in 2007 as its oversees market . stuart: webster is ashley webster british or american. >> hmm. [laughter] . stuart: what are you anyway? >> i'm both. born in bryn, but i'm an american citizen. . stuart: excellent. that was a tough one. >> it really was. . stuart: anyway she's okay with my british accent. >> yeah. absolutely . stuart: yeah. >> i'm wok with your british accent . stuart: no, that wouldn't work, would it? let's not do that. let's go to the market. the economy shrinking in the first quarter by .2% for the year. still no deal for the greeks and the germans and we're down 46 points. i'm going to -- again, this is a go nor market. gas down a penny overnight. i like the sound of that. now, that's wrong on the screen, it is not 2.79, it is 2.77. i want my two cents back. the report of being behind in the housing market. why is that. >> this is the front page, by the way, of the wall street journal and the poor had been left out of the housing recovery if you look at c

charles: let's go over to ashley webster. what can we expect to happen later today. : that's a good question. right now the banks are closed you guys have been talking about atm's have been running out of cash although the government said repeatedly they're going to refill the atm's it hasn't happened. we're waiting for german chancellor merkel. there's a big but to this because of the consequences knock-on effects, italy, portugals spain. years ago when there was a threat that greece was going to drop out, the european economy overall was pretty week. now it's more solid, it's not great, but it's moving in the right direction. it's far more able to handle it if greece wants to fall out. and that's for creditors who are fed up with broken promises, they've called the bluff of greece neither side has blinked and now greece could fall into the abyss. charles: and greek government says the bench will be open on thursday, that suggests to me that the ecb would control, somehow the spigots would come back on. i'm not sure why they're making that assumption or promise, but

first to ashley webster in athens with the very latest on these bank closures and how big a deal that's gotten to be. ashley? >> reporter: well, it is a big deal, neil, no doubt about it. we're outside national bank just south of the parliament building which is over to my left, and we actually found an atm behind me that's working. it has cash in it. not a huge line by any means. we saw big lines yesterday and over the weekend as people pretty much realized there was going to be capital controls, and they were going to have to get their cash out. so the limit per day is 60 euros. that's $of -- $66 at the current exchange rate. and for some, pensioners, don't have a bank card, many of them, a debit card or a credit card, so they are without any means of getting their pension which, by the way, comes at the end of the month, tomorrow. that is why we're hearing that some banks -- some, some banks -- will open on thursday, neil, in order to allow those pensioners to get their money because they're living, you know, hand to mouth, and they need to pay bills and buy food. so pretty, you know

back to you. >> thank you very much, ashley webster in athens. june 30th was the self-imposed deadline for iran, the u.s. and world powers to agree on a final deal on iran's nuclear program. but the white house confirmed negotiates on in vienna will likely miss their deadline and so the talks will go on. fox news chief washington correspondent is in vienna with the news tonight. >> thank you very, very good to see you. >> reporter: as secretary of state john kerry met with the director of the international atomic nuclear agency, would be responsible for verifying iran's compliance with the nuclear deal carries aids fought back at criticism like this. >> we believe that any deal is better than no deal at the present time. >> reporter: a top aide to kerry told reporters in vienna the notion that kerry is caving to iran is absurd on its face, adding if we were going to cave, i could have been home already. the official said inspectors would enjoy access to military sites but not access to all installations, at the white house, president obama spokes

ashley webster on floor of new york stock exchange. ashley i see we're up about 2% after-hours. >> we were up nicely at one point, 10a share, which would be a new all-time high for nike -- $108. earnings was 98 cents. the estimate was 83 cents. so a nice beat there. revenue coming in at $7.8 billion. the estimate was for 7.69 billion. again a beat on expand revenue. the stock got a nice little pop yesterday from goldman sachs. it raised its price target to $121 for nike. says it is on its conviction buy list. also on this report, melissa and david, revenue from footwear up fliesly to $4.78 billion. even though they're under a lot of competition from under armour, nike coming in strong results. david: good news for nike. let's go to scott martin. scott, is it a buy. >> it's a buy, david. these are kiril numbers on both the top and bottom line. if you looked back to what dogged company on last several quarters the impact of stronger dollar. previous quarter didn't have as big of an impact. look beyond the u.s., look to their next two bigg

that does it for this edition of "the intelligence report," ashley webster, over to you. >> thank you very much. one of the most influential and recognizable corporate leaders says your personal information is at risk. and it has nothing to do with the government collecting your data for once. apple ceo tim cook hinting that your favorite and most visited websites may be the ones you should fear the most. cook make the remarks at a dinner honoring him as a champion of freedom by the electronic privacy information center saying the erosion of privacy threatens the safety of all americans. while also indirectly warning tech consumers to be ware of the likes of google, facebook, twitter and other companies, yahoo! perhaps, that collect your information for financial gain. cook saying, quote, some of the most prominent and successful companies in silicon valley have lulled customers about personal information. they are gobbling up everything that they can learn but, and trying to monetize it. we think that's wrong, and it's not the kind of company that apple wants to be. wow. strong state

ashley webster, thank you. closing bell 39 minute away from that. twenty-first century fox in the news today, the parent company of fox business announced roger ailes announced a multi-year contract will allow him to serve as chairman and ceo of fox news and fox business network and fox television stations. we can look at twenty-first century fox stock which is fox a, you can see how that's trading, up slightly. you could call that flat. we're happy around here. a great leader. >>> closing bell 38 minutes away, shocking details emerge in the irs corruption investigation. more than 24,000 e-mails missing. where did they go and why did the irs not turn them over to congress in the first place? that's a little obvious. >>> miss universe looking for a new tv home after dumping out of donald trump! that's right. his latest celebrity feud, univision pulling the plug. they were carrying the beauty contest and blaming donald trump's comments on immigration, divisive, angry, hurtful comments about mexicans they say. charlie gasparino has exclusive details on

ashley webster on the ground with the very latest. ashley, good morning. >> yeah.morning to you, maria. we were out early this morning. no lines of atms so to speak. we saw that over the weekend. anyone needed to get out already -- i tried a couple of atms this morning. there was no money here in central athens. the government says they will be replenishing the atms. for the most part greek people went out those that have work went to their jobs this morning. there is not exactly fear and panic in the streets. perhaps more resignation of five years of this debt crisis that really has shaken the country to the very foundations. the question, what happens next? and to your point i think the eurozone as a whole is much better able to handle what is going on with greece than it was say three years ago. the eurozone economy is much stronger, more able to take a greek exit if it comes to that. but it could be politically damaging for other european leaders. angela merkel for one, who has stressed she wants to keep greece in the eurozone. it would perhaps, if greece drops

ashley webster is here and isis showing off like this they got 2,300 humvees. ht by the american taxpayers and displayed by isis fighters, 2300 humvees, 40 battle tanks, 74,000 machine guns. 50 plus howitzer gun systems, weapons left behind by fleeing iraqi fighters backed by the u.s. with the weaponry by mosul and ramadi. they literally turn and run and leave the equipment behind is then picked up. 2300 hummed vee. ashley: armored humvees. and battle tanks. top of the line. ashley: yeah they got them. sandra: isn't this more reason we should go there and wipe them out liz: they're armed better than the people. that's why they're taking over the land. stuart: you can reach that conclusion i'm astonished at the volume of equipment. ashley: the estimate is $220 million worth just like that liz: that's a lot. stuart: moving on. take a look at the dow jones industrial average which is reacting actually it's not reacting at all to the jobs numbers. we're up five points i'd call that a dead flat market. again this is supposed to be a response to the jobs report. i'm n

cheryl casone, ashley webster right next to me in new york.s market is kind of a bubble. you say get out and get into gold. is that right? >> get out of the stock market appeared for being one of them the soft goods commodity markets. this market is a bubble. valuations are ridiculous. lower just rates, free money, manipulation. those reasons i want out of the stock market. stuart: the dow industrial down how many? >> 15% to 30% lower. stuart: that is on the table. larry levin a 15% to 30% drop for stock. >> over the next year. what do you say to that? >> we get much higher interest rates. i know here in chicago all the time gold would be an investment. i say be ready to get out of stocks fared have stocks in place. gold is a great place to be. if interest rates go up and stocks go down. be ready because you don't want to miss an upside. stuart: we've got the market opening higher and a lot of people talking gloom and doom. what is going on? ashley: all eyes on greece. let's face it. they've got to take it or leave it. so that is really the en

ashley webster following the latest developments. he is live in athens. ashley? >> good morning. it is a pretty common scene in athens and greece as lines 'n at atma and banks are closed. steady treatment of people coming here to withdraw their 610 euros the maximum aey can take every day $66 or thereabouts each day. meantime greece is scheduled to make a loan payment today to the monetary funds and it seems very unlikely that will happen. technically they have until the end of the business day on the east coast to make that payment. very unlikely it is going to happen. what is going to happen to the country and the people of greece. the prime minister went to the nation saying we will not accept the austerity measures being demanded in order to get our next ground of bailouts. he is saying, don't vote for these awes ter rit michigan austerity measures. briefly we cannot get cash out of the atm at our hotel. i went to the front desk and everyone said when are you expecting more cash? she they said we don't know. >> the question on the minds of the people here is what effect it ha

ashley webster is back with us. and power is on in athens ashley despite the technical difficulties? >> reporter: we'll give it another go jenna. we are in front of the rally in front of the greek parlamount building. it exploded and we'll walk through the crowd. these people don't want to vote for austeritty. and they don't want to be under the conditions that europe said they must live under. they will have a referundum on july 5th that will determine if they are back in the euro zone. most people here say listen it is unfair of greece to expect to be able to survive on the conditions that the european creditors say they should. and so a lot to be decided and unfortunately for the greek people, banks are closed and they can only take out 60 euros a day. that is $66 a day. and the athen stock exchange has been closed and will be for the rest of the week. we will expect to hear from the greek prime minister tonight. he will make the point it is up to the greek people whether they want to live under the austerity that

ashley webster joins us from athens. ve us the latest. >> it changes by the minute, charles. the last we heard is a possible offer from greece is a two-year agreement with the european bailout fund. that's the european stability mechanism, that would cover their debt what kind covering their financial needs. the big question is would that fly with european creditors and how many other hoops would they need to jump through to get that money? it's just the very latest in the string of headlines that we've had and the talks are going on, especially between the eu commission and alexis, the prime minister of greece. whether we can get a deal done, who knows but we are being told that the prime minister's plane is fueled up ready to go, if he wants to fly off in the next several hours and start negotiating late into the night. but as you said, hey look, the clock is ticking. less than eight hours now before they are initially default to the imf and the payment close to $1.8 billion and their own bailout program expires today a

and we have an eye on the ground with ashley webster. >> it is interesting this time last night it was for those who did not want to live under any more austerity to rally under the building but tonight was the valley -- rally of the yes vote calling for the tsipras resignation very loudly in our continuing right now for to the building. also chanting we want to stay in europe. that message is very clear. how can this be put together? listening to your summation it just says how complicated the process is. but the confessions of the greeks are they enough to appease companies -- countries like germany to allow creditors to say yes but in the meantime they're asking for extensions and delays is essentially to keep it spending. as far as the referendum i am not sure if it all has been decided so the july 5th referendum is up in the air although german chancellor merkel says she will not look at anything until after the referendum so it is very confusing but this is coming down to the wire. all the last-minute negotiations are going on i am sure will continue in the morning. liz: you brou

ashley ex-don't sleep webster joining us from athens. >>> to obama daz.already know that this supreme court is no problem with it. now i want you to meet the lawmakers trying to force them on it. (vo) rush hour around here starts at 6:30 a.m. - on the nose. but for me, it starts with the opening bell. and the rush i get, lasts way more than an hour. (announcer) at scottrade, we share your passion for trading. that's why we've built powerful technology to alert you to your next opportunity. because at scottrade, our passion is to power yours. when a moment spontaneously turns romantic and why stop what you're doing to find a bathroom? with cialis for daily use, you don't have to plan around either. it's the only daily tablet approved to treat erectile dysfunction so you can be ready anytime the moment is right. plus cialis treats the frustrating urinary symptoms of bph, like needing to go frequently, day or night. tell your doctor about all your medical conditions and medicines, and ask if your heart is healthy enough for sex. do not take cialis if you tak

ashley webster is live in athens. >> the rally in front of greek parliament building was antiausterity people, saying vote no, we don't want those germans and french and ern el telling us how miserable our lives would be, but there is a sense, when it really comes down to it, that yes will out number of no. meaning a majority would rather suffer through a round of austerity then fallout of the euro to that discussion you were having, to start printing drachma and life would get difficult. cyprus made a huge gamble, if vote is yes on july 5 it will be hard for him to continue as prime minister of greece. then we could have a collapse of the government, then a new coalition government, that maybe more friendly toward the negotiators with european union, then things could start to at least turn around a little bit, but bottom line this is a tiny country, 2% of eurozone, a debt pile now that is about 350 billion u.s. dollars, can they pay it back? i doubt it. charles: no doubt about that, there will be a hair cut, you have a great looking hair cut, i am glad you got it trimmed up before go

let's bring in ashley webster on floor of new york stock exchange. italist pig hedge fund. a fox news contributor. ashley, to you first, what are traders on the floor saying. >> it is interesting, low volume today which suggests that is not a lot of conviction but as teddy weisberg just said, climbing the wall of

there's ashley webster. he is standing by. just wondering, ashley, if the two sides -- one who wants to say yes to staying in the eurozone and the other says forget it, start arguing -- could we have civil unrest? are you seeing anything like that right now? >> well, no, it's all very good natured and well behaved, but if you had those two groups meeting here outside the parliament building, it could get a little testy, let's put it that way. they have been here for, now, three, four hours. the crowd starting to thin a little bit as we wait to hear from the greek prime minister, as you pointed out. he's going to be interviewed by two greek journalists, and i think he's going to stress the point that the greek referendum coming up next sunday on july the 5th is a referendum on yes or no to the austerity being presented by the european creditors. today we saw what i think was a coordinated effort between germany, france, the e.u. commission who all in tandem almost said the same thing today, that the referendum is really a vote t

let's bring in ashley webster on floor of new york stock exchange. jonathan hoenig of capitalist pig hedge fund. a fox news contributor. ashley, to you first, what are traders on the floor saying. >> it is interesting, low volume today which suggests that is not a lot of conviction but as teddy weisberg just said, climbing the wall of worry. russell 1295.72 as that settles. the nasdaq as you can see another all-time high. you can't fight the tape as they say. the question, we'll get into the tech bubble in a minute. but right now, greece, who cares about greece. melissa: jonathan, let me ask you, do you think there is a tech bubble? >> listen, i remember the tech bubble. it was about 18 years ago. when the dow was under 10,000, they were predicting dow 40,000. we don't see that exuberance right now. ashley just mentioned, people are still fearful out there in the markets. they're not quitting their jobs to day trade stocks. objectively look at indices. talk about the nasdaq, russell, all-time highs. even for now the market is saying this is a bull, no

fox business's own ashley webster has latest on this story that just never ends, ashley. >> oh, whatangled web we weave, melissa. this is getting more and more bizarre, shocking amazing. of course it all hinges on one person turning prosecution witness. it happened right here in montana -- in manhattan. chuck blazer, a former top official with fifa and american, there he is, likened to santa claus, what a gift he gave to investigators that literally brought down the house of cards that is formerly known as fifa. he was literally stopped on the streets of manhattan on fifth avenue on his motorized scooter by members of the irs and fbi. they charged him with taking money to influence choices made by fifa. he turned to a prosecution witness. wore a wire. now this is all come about. in fact some documents just being released in the last hour regarding chuck blazer saying, yes indeed, fifa members did take bribes to award the world cup to south africa in 2010. he personally took bribes to award the 1998 world cup to france. how far back does it go? more importantly how high up the chain d

ashley webster is on the floor of the new york stock exchange. is chief market strategist at united advisors. also a fox business contributor. ashley, to you first, talk about volume a little it about. we go from charlie brady, our top economist at fox business, volume is a lot stronger than usual. about 18% stronger. so there is real conviction in this market. >> there is but i asked some of the traders about that. they said it is better but not where they would like it to be. i'm sure they would like it 100% beyond what we've seen. certainly shows a little more conviction, david. as you can see, as numbers start to settle on nasdaq, 5112. the record is 5106. we'll close that record out of the water.

ashley webster, as we're looking at the markets, really interesting to see exactly what's happening with the markets loving this endless sugar high, and ashley, you can call it the candy fix, right? >> it is, and perhaps this statement was a little more dovish as expected. and as a result saw the dow jump up 90 points as janet yellen began question-and-answer session. stocks get a boost, bonds get a boost and gold get a boost. dollar dropping against steriling and the euro. and in fact, the british pound today, 2015 high now against the u.s. dollar, with these perhaps a little more dovish comments than were expected. 10-year treasury yield dropping, despite spiking early in the session, down 2.32%. gold up about half a percent. the story we take away from this is most of the major indices up about a third of a percent now but the comments from the fed chair perhaps not as hawkish as we thought they would be. liz: not at all. it's very interesting to see she was crystal clear it's going to be this year. but i found it interesting at one point she said, look, we will keep it this year, def

ashley webster is on the floor of the new york stock exchange. and scott martin is chief market strategist at united advisors. also a fox business contributor. ashley, to you first, talk about volume a little it about. we go from charlie brady, our top economist at fox business, volume is a lot stronger than usual. about 18% stronger. so there is real conviction in this market. >> there is but i asked some of the traders about that. they said it is better but not where they would like it to be. i'm sure they would like it 100% beyond what we've seen. certainly shows a little more conviction, david. as you can see, as numbers start to settle on nasdaq, 5112. the record is 5106. we'll close that record out of the water. russell 1284. we need tock 1275. looks like we'll be able to do that as well. dow up 1% on the day, up 180 points. up over 200 points one point today. volume to your point, david was stronger than we've seen in recent days. that does suggest the rally itself had a little more conviction across all the major sectors as well. david: sc

ashley webster on the floor of the new york stock exchange for us. ashley, what are you seeing? >> hey, melissa. we have a miss on both the earnings and revenue. the estimate for oracle fourth quarter was 86 cents on the eps, the earnings per share. it came in at 78 cents. revenue estimated at 10.92 billion. that number coming in at 10.71 billion. so again both a miss on the earnings and the revenue. the stock as you can see moving lower, down more than 4% now in after-hours trade. melissa: all right. ashly, thank you so much for that. >> my pleasure. melissa: the days of corrupt hiring at the faa might be numbered. scrutinizing faa hiring practices following fox business's report. the inspector general of the department of transportation is now on the case. the d.o.t. initiated its audit shortly after the faa announced an internal probe. adam shapiro has the insider information what is next for the faa, adam. >> let's put this in perspective, yesterday, it was just announced today, the faa director, michael huerta said we'll do internal investigation of what fox business uncove

we are joined by sandra smith ashley webster shaw gillani joining us in new york.they don't want your data. we are going to make money out of your data. sandra. >> whatever. that is what i say to this spirit they don't want to sell your data doesn't mean they are not collecting and using it for their own purposes. stuart: if they use it for their own purposes they are making money. >> they say they are not selling the data. two different things. i get his point. all these companies collecting data and monetizing and selling it. apple says that not doing that. stuart: facebook and google are doing it. >> this is a shotgun approach for the gathering techniques to monetize what they are doing. i stand by him. i think he is correct. he was recipient of the freedom award. and rand paul another's beard he received this award yesterday in his comments were based on not. stuart: tim cook, friend of edward snowden. if i like a stock i will buy it. i do let politics get in the way. approximately 18 seconds to go before the bell on wall street starts to rain. i am looking at

ashley webster here a gutten for punishment all three hours.to know why your money is down today? look at this. we're showing you the base interest rate the benchmark interest rate for america. the treasury's 10-year yield, 2.35%. it's gone straight up and that's one of the big reasons the market will open straight down in about 28 minutes. time a take a look at this please. of 50,000 surveyed more than half can't have a $400 emergency. they have to borrow from family, get a pay day or a pawn shop loan 47%, that's a shock to me. >> that's an incredible number and a frightening one. i'm a favor, i've been a saver all my life and i save money and i still do. that number nearly-- households don't have enough to meet a $400 obligation that tells me that we are still not a nation of savers, but tells me that the great recession that started in '07 and '08 had a profound impact where you have so much of the population that's not working full-time. people who want work cannot get it and dropped out of the labor force, they are he a down to itliterally

joining us now sandra smith, ashley webster, scott shellady and michael pinto from new york.ur first appearance on the show and you say the stocks are overvalued. get rid of the technical nonsense. >> you're going to buzz me, but by almost every metric the overvaluation sits atop little growth. little gdp growth no revenue growth and virtually no earnings growth and on top of that, a fed that's raising rates if they don't, the market is going to do it for them. stuart: your first performance, you can't get the buzzer. >> say qe a couple of times. stuart: i want it look at tesla. i think the stock is open. they say they see a million of its vehicles on the roads. scott shellady that sounds wildly ambitious to me with what gasoline 2.80 a gallon. >> they'll need help for gas prices. i don't think it's the way of the delorean, but i think there will be a lot more competition and a million is a lot. and just like samsung competes with the apple iphone 6, there will be more entrants to the market and that will show down the growth especially if we don't see gas prices anything to

hear ashley webster along with liz peak by popular demand from the fiscal times. first out of the box president obama wants to create a worker pipeline from silicon valley to the federal government. private sector tech workers would spend a year or two helping government bureaucrats tipping out computers. liz, to me that is culture clash 1/2, isn't it? >> really is. the ironic, the president wants to get the private sector out of health care out of student lending wants to bring the private sector into technology and government. why? because more and more of our economy, our government relies on high-tech. and it is pretty clear that the federal government can not compete and can not keep pace so i think it's a very good idea but i do note the use of temporary, they want temporary workers. why? because if you bring temp workers on permanent basis they are there forever. they have tenure. you can't fire them. lots of changes. stuart: interview he says this is the president, he wants to develop a culture of service to change people's attitudes towards government. th

ashley webster is live in athens greece the latest for us zblsh good morning, guys. run out of cash. banks closed today and will be for the next six days. and right now greek people can only take out 60 euros. that works out to $66 a day. the reason is the banks are running out of money and they don't want people taking it all out and spending it overseas or putting it under their mattress. so $66 is all that can be taken out right now from those atms that have actually have cash. they point out that tour roiss can take out as much money if they want but that's no good in the atm has no money in it. all of this part of the greek debt crisis that could see the country fall out of the euro zone. the creditors making greece live up to some harsh austerity levels. here we are. it's a standoff with neither side blinking right now and it's a serious situation for greece. if they fall out to have the euro zone things could get tougher. greek people will go to a vote next sunday and they'll be asked if they agree to the european terms. if they vote no that could be a no to s

it is a three hour show, ashley webster was here for all of it. ashley: very privileged to. stuart: i mean it. >> allies chopped liver? stuart: neil cavuto, it is your. neil: thank you very much. we are going live to the white house whether they're going to tell us what happened and why a day after we found out the chinese might have been behind the biggest hack attack in human history. more than 4 million federal workers's records were compromised but a couple hours ago we learned this could be connected to the anthem attacks and other attacks. it is spreading. we will talk to howard schmidt about this as well as henry kissinger. in the meantime the fear is this grows and grows as the chinese were unofficially ignoring it. if they are hacking us, though they are denying it, what do we do to respond? do we just hacked back? the chinese said who are we to judge? with eric snowdon and everything else we are hardly in a position to be lecturing anyone on hacking or violating people's privacy. what do you say to that? >> thanks for having me on the program, agreed to be with you

i do want to go in greece to ashley webster there, of course they have this limit of how much you can withdrawal from your bank account every day, but as ashley pointed out this morning -- of course he hasn't slept, but he's been pointing out that the people have been very orderly about this, and as you see we have the president of the united states that the greeks can work this out, greece stays in the euro zone, i don't know if that ladder part is the because i amie, behalf what are you hearing there? >> last night we had a huge rally that was the no group, and if you just pan across, tonight is the turn of the yes group, the pro supporters, the who have been chanting at least the last hour, we want to stay in europe. and you see a lot of greek flags, and you're also seeing some euro flags as well, under a sea of umbrellas, certainly not dampening the crowd, we know they have played for a temporary loan from the imf, and also a comment from the icb maybe saying this isn't a default, it's a delay. i'm not sure about that, but time is -- there's still time to make that payment to the

. >> fox business network ashley webster live in athens. ty of lines already ashley. >> we have. those people happy they can find an atm that had cash in it. the problem they could take out 60 euros, better than nothing i suppose. the focus turns to the building behind me. that's a greek parliament building in the square just across the square from the building. this is a favorite gathering place of those that want to have their voice heard. it was a huge rally here last night in favor of the existing government. those people who are antiausterity. they don't want to live under the terms that the european creditors say they should. we're expecting a rally here tonight for the yes vote. those that want to stay in the eurozone. this will be a focus as the day goes on. in the meantime other, what happens to greek people? wages dropped 30%. they can't get access to their full bank account. life is tough and doesn't sound like it's going to get easier any time soon. >> thank you very much. >>> i think it's the prime minister of greece that's enco

liz from the fiscal times and ashley webster who needs no further introduction. , your tax dollars not working. an undercover investigation finds that tsa failed to find bombs or weapons 96% of the time. tell me about the security failures, ashley. ashley: department of homeland security put the red teams together and tried to sneak weapons through the tsa screening areas to see how alert they are to the threat of terrorism. apparently they're falling asleep because 67 of 70 weapons ap explosives manage today get through undetected. one was a bomb a fake bomb strapped to the back of an agent who set off the alarm and patted him down and said you're fine carry on. stuart: he walked through. 67 times out of 70 times. liz the top guy in the tsa, only on the job five months. he was reassigned. you cannot fire a worker. >> that's true. the data is impressive. in the private sector about 3% of employees lose their jobs due to incompetence or whatever. in the federal work force, two and a half million people it's less than 1%. actually it's .55 of a percent. so, in fact

ashley webster with the latest. >> it buys them another 30 days and it puts more pressure on the e.u.he imf. by the end of the month graceful $1.3 million. also $1.6 billion in wages and pensions. kris by all accounts effectively bankrupt. two choices here. it's great to follow simple as that of the eurozone for the prime minister tsipras will have to sell some sort of deal to the left-wing party to his own party in the great population as well. no developed country has never deferred payment to the imf. maria: there is a lot of skepticism about whether they would make the pavement. the fact they said okay we will delay it. >> interesting point. there's a huge merger between angela merkel in germany and/or finance minister who is the most powerful minister. accordingly to the newspaper, the german newspaper, merkel went behind his back and offer concessions to greece. a very high to mind when the budget front end is apparently upset. he says there is no way germany will allow those concessions. there's there is already a rest in the german camp. maria: asian markets i want to point ou

scott shellady in chicago, sandra smith here ashley webster here.une a bad month for stocks and will it be a bad month this year? >> you know what? i think it's probably not going to be a bad year because we have folks searching for the shield and going to stocks. the reason it could have been bad before in the summertime we see a little lack of investor action. so, i say, we'll probably be okay, probably be okay, but it's not going to be great because of the fact that we already are stretched. we're outstretched already and you've got to be careful of getting too far ahead of ourselves. stuart: we heard the opening bell ring 30 seconds ago. we've opened to the upside as expected. 58 points 59 points for dow industrial average. 70 points for the dow industrials and holding 70 points for the dow industrials. keith fitz come in from portland, oregon. you're up bright and early this june morning to get going. you said this month, june you said it's a time to buy, not sell, buy and technology right? >> you've got to be careful how you buy. as scott poin

joining us ashley webster, cheryl casone and scott shellady in chicago. anthony is an investment star right here. >> yes. stuart: and first to you, scott shellady. hidden in the fed's report was the statement that the economy will not grow as fast as expected this year. she is downgraded growth. have they been listening to you? >> well hopefully they are because i don't think this they're going to raise rates at all. we should stop using the terms, the economy is getting stronger, or strengthening or we've got some sort of lift-off. i think the economy is just less bad. it's still bad, stuart i don't think that you can take a look at the last six months and say all of our economic figures have been ripping the cover off the ball. i'd say right now we're still slow. yes we're not dead, but slow and remember last quarter, we contracted and we're talking less than 2% gdp for this quarter. things aren't good and we take a red ribbon and wrap the world around that problem. >> understood. anthony scaramucci this is all about ordinary people bring it back to ear