she decided to apply for a job at cosco. she said, let me apply for a job at cosco. they look like they do a good job. so across the country owners of small and large businesses are recognizing that fair wages and higher profits go hand in hand. it's dwd for the bottom line -- it's good for the bottom line. and as america's chief executive, i agree. so, while congress decides what it's going to do, and hope this year, and i'm going to work this year and urge this year that they actually pass a law, today i'm going to do what i can to help raise working americans' wages. so today -- [applause] so today i'm issuing an executive order requiring federal contractors to pay their employees a fair wage of at least $10.10 an hour. cheers and applause] this will make a difference for folks. right now there's a dish washer at randolph airport base in exas making $7.76 an hour. $7.76 an hour. there's a fast food worker right down the street making $8.91 an hour. there's a laundry worker at camp dodge in iowa making $9.03 an hour. once i sign this order, next year, as their cont

>> let's put pier one in the context of sherman williams and cosco and home security and the whirlpool and yesterday it opened up big and game down. this is at a 52 week low because people feel it is consumer spent. i think the long-term theme of investing in your house is better. i like pier one. january may be finally over but if we open up big on monday i think you should let some stock go. "mad money" will be right back. >> coming up, how to fuel. the high-tech artificial intelligence play rocket fuel was a red hot ipo in 2013 but a secondary just sent customers running for cover. is this a viable dip or will the stock keep sinking? don't miss cramer's exclusive with the ceo. >>> and later, hot tamale. chipotle is flying high after wooing the street. but there is a secret ingredient and cramer is revealing the recipe so you can find the next winning. >>> plus, hot spot? not every shock was held hostage by today's selloff. american electric power is up more than 4% in 2014. will wild swings make this steady stock an investor favorite? all coming up on "mad money." >> miss something,

ivana from cosco waste in ukraine. meanwhile thousands are gathered in the capital kiev on sunday for a mass anti-government rally we've got more on the unrest in ukraine at r.t. dot com. it has been more than a month since the islamist rebels seized in the industrial syrian town of hadera just outside the capital damascus after that offensive dozens of civilians were allegedly massacred and thousands displaced though extremists still occupy key parts of the city party's mayor for national and her crew were the first foreign journalists to get close and speak to the survivors address is just a twenty minute drive from damascus but the highway runs through an area firmly under rebel control so instead we take a newly created pass driving through high mounds of sand and piles of old tires the army uses to its convoys from attacks it's maybe longer but it's a safer route. where the first foray into recruit to get this close to address after the siege began a month ago it's still not clear exactly what happened in this ind

h&m, who is the retailer that you think of capturing the most mind share cosco has been> knocking it out of the park. >> big fellow carol too. -- they fell apparel too. >> the apparel side has been doing very well. fashion, but is the trend continues as you described, people's's bending money on nondiscretionary items, they do not have the money, what will they buy? food and the things they need. has household chemicals and consumables. they are very strong in consumer electronics. that is a low margin business. if you buy a tv, you do not go to walmart or best buy. you go to costco. sales are soft overall. margins, down 1%. >> they are trying to figure out a way. they had to go so deep. they are competing against walmart and amazon. they have a millstone on their back. >> is that like sears? >> harshly. -- partially. amazon, and you are losing. best buy had a huge outage it that. walmart also competes on price. they have long-term changes in demand. repurpose some of the space. >> i learned a lot. craig johnson, president at consumer growth partners. janet yellen was the headliner t

there is a pretty big example in cosco, which has raised prices of its membership club over the years. customers have stayed loyal. i think what jeff bezos will try to do is give something to customers as he is raising prime prices. we might see more content in amazon video prime. we might see an improvement in shipping, like same day or next day delivery. we will see. i doubt it will be a price increase alone. >> you mention amazon video, on demand. a report that the amazon set top box we heard they have been working on is coming soon, and could be based on the android operating system. there has been talk of this for a long time. what do you know? >> we broke the story one year ago that amazon was working on a set top rocks. i think they have taken a page out of the jobs playbook, waiting until they can offer something different. >> we do not know for sure if the thing is ever going to come out? >> i think it is inevitable. i think they are expanding what it can do, bringing in video games. they acquired a videogame studio. the other important point is, amazon prime pilot season. so

enter into the record a letter that chairman issa and i sent to the new commissioner of the irs, john cosco anyone two days ago where we highlight some of the things you reference in your testimony, specifically how this rule was being prepared long before the tig nah report came into existence and how lois lerner was intricately involved in putting this rule together. i would ask for unanimous consent to enter this into the record. without objection that will take place. ms. mitchell, you are now recognized. >> thank you, mr. chairman, members of the subcommittee. thank you very much for the opportunity to appear here today. i'm a practicing attorney, and i deal with the irs and have dealt with the irs on a daily basis for many, many years. what i do is i help people obtain the tax-exempt status or to fit their activities within the proper section of the tax code depending on what it is they want to do. i want to make three primary points here today. i'll be happy to answer questions at the appropriate time. first, the irs scandal is real. it's not pretend. it's real. number two, the irs s

. >>> irs commissioner john cosco will discuss about funds in the irs being aloe indicated including bonuses to employees. he's maintained that bonuses are needed to retain and attract good employees. the commission will also face questions about the agency's accused targeting of tea party groups. >>> president obama is taking his year of action message on the road today. he'll be in st. paul, minnesota, pitching the economic plan spelled out in his state of the union address. the president has been able to focus on transportation issues at st. paul's union depot. announcing new competition, encouraging investments to create jobs and restore infrastructure. >>> today, house democrats are set to kick off their efforts to raise the minimum wage. the president and democrats pushing to increase the minimum wage from $7.10 an hour to $10.10 an hour. a procedure used only when leaders think they have a good chance of succeeding. >> i don't think they have a good chance of succeeding. they also use it to embarrass people who don't sign the petition. >>> stocks making mother run at futures.

it will take a broader effort than simply a target or walmart or cosco could implement themselves. however, for target, to the extent they can move the ball forward, they should. they should be bringing this to the table. i need to see more of that. i need to see more clear actions and less work. -- words. >> is there a company out there that you think is doing it right? >> everyone is in the same boat. we rely on the processing technology we have. in terms of who is doing it right, hard to say. i know vulnerability is out there for almost every retailer. financial institutions were once in the sights of these criminal gangs. technology and security with payment processors have been stepped up. retail is the new battlefield. that will be the new site for these cyber attacks. >> thank you for joining us, jason maloni. >> when we come back, much more with jon oringer, the founder of shutterstock. facebook's sheryl sandberg says that stock photos need to change. we will find out how big of a problem it is, and how much mr. oringer is doing about it. ♪ >> we are approaching 26 minutes

enter into the record a letter that chairman issa and i sent to the new commissioner of the irs, john cosco where we highlight some of the things you reference in your testimony, specifically how this rule was being prepared long before the tig nah report came into existence and how lois lerner was intricately involved in putting this rule together. i would ask for unanimous consent to enter this into the record. without objection that will take place. ms. mitchell, you are now recognized. >> thank you, mr. chairman, members of the subcommittee. thank you very much for the opportunity to appear here today. i'm a practicing attorney, and i deal with the irs and have dealt with the irs on a daily basis for many, many years. what i do is i help people obtain the tax-exempt status or to fit their activities within the proper section of the tax code depending on what it is they want to do. i want to make three primary points here today. i'll be happy to answer questions at the appropriate time. first, the irs scandal is real. it's not pretend. it's real. number two, the irs scandal is not just a