Potential disaster. And the natural catastrophes like super storm sandy and the details and alarming new report. It is all happening now. But first. We are now waiting for president obamas final News Conference of the year. We expect the president to take questions on cuba and the sony cyber attack that the fbi initially blamed on north korea and welcome to happening now and i am eric shaun. And im heather in for jenna lee. A live look at the white house where president obama is expected to take reporters questions 30 minutes from now. And thens few hours later, the first family is expected to jet off to hawaii for a christmas vacation. Well start with ed henry. Hello and a dramatic statement from the fbi a short while ago, blaming north korea for the hack attack on sony. What is the president expected to say about this if anything. Reporter there is cuba and first chance to dwelve in to that and what is next there, but the situation with north korea, the fbi statement is pretty strong and pinning it on north korea but leaving out whether china or other nations were involved as well. And call it a Grave National security danger to the United States and the fbi will identify and pursue and impose cost and consequences on individuals and groups involved. What does that mean . That is something the president will be pressed about. And will there be sanctions against north korea or is u. S. Military action on the table or a situation where we try to wage cyber warfare in retaliation. It is not only this 83. But sony is a Japanese Company with a lot of american jobs. But are other American Companies in jeopardy and viewers, their banking records and all of that, is it up for grabs . It is a big National Security threat that the president will have to address . It is it a new round of sanctions or anything with north korea . Reporter you are right. Josh earnest left the door open to all kinds of possibilities and the reporters will obviously try to pin the president down. The new narrative that the president is finishing strong and the last couple of weeks and you mentioned u. S. Sanctions against russian president Vladimar Putin and appear to be working and having a tough fight on the russian economy. And they think they have a positive narrative. But start nothing january when the president said that isis was the jv squad right through early november when he took it on the chin, it was not a good year for the president overall. I suspect questions about what he calls a strong finish. But the other narrative. He took a big defeat in the midterm elections and what will happen come january and beyond. I know you will get in there with good questions. Ed henry, starting about 45 minutes from now. And what we expect a president could say. David hawkins from washington, welcome, the president said the cyber attack is serious and added that people should go to the movie. Do you expect a somber and serious tone since some are calling it a first terrorist victory in a cyber war . I do. This is the First Time Since the story happen quickly this week. This will be the first time the came came camera president will look in the camera. And the signal he sends here will be important to the american Entertainment Industry and companies all over the country, that are worried that their own Computer Networks are in trouble. And my guess is that he will talk about the need to balance concern about so called cyber 9 11 against the freedom of expression. This is something that people are talking about. The notion that we have caved here by sony pulling the picture out of the theater ares and that is a worrisome development and a sad precedent and that is another layer that the president will be asked to address. It goes beyond a movie. The issue of cyber war. And senator john mccain called it an act of war. What can the government do against north korea. There is a embargo already. Military action. No, this will not lead to a shooting war. I am pretty sure of it. It is difficult for me to initially envision how the fbi will pursue this as a criminal matter unless they have good intelience and the people who perpetrated the attack are here in the United States. And if they are sitting in beijing or pyongyang how do you bring them to justice . Is this a test of the infrastukture of modern American Society today . I think that is obviously the concern. There are studies that say with this, now that we have identified north korea as mainly responsible for this, this boosts them up in terms of their ranking and in the top half dozen. Do i know specifically . I am not the expert on whether north korea has the capability of doing this. It is certainy on everybodys mind and the reporters are going to want the president to address. He will be asked about and defend the new policy with cub a. Look at editorial in the investor business daily. It was done without Consulting Congress and just like the decision to legalize 5 Million Immigrants and they gave far more than they got. And the u. S. Army swapped bergdahl for five terrorist. Cuba ruler castro said as much before the cuban people to announce obamas move was won without a single sacrifice. They have 8000 prisoners in the jails and the president said he would normalize relations and they have not released one except for the hero, who is our spy . You know, he has a failed job to do here with the american public. It is inclined to agree with him and going in the default setting of the american public. He has a tough sales job there. Less in congress. Given that it is up to congress to get together and block him and potentially have to vote on ways to block him in ways that the president would not be able to veto, it is difficult to see how the peoples elected representative can stop him. He will be able to open a embassy and the congress will not vote to prevent him from spending the embassy and may put the ambassador on high shelf. Who he nominates will be interesting. Whether he picks someone with a cuba hard line or American Community here. It is a hard choice. And over 20 minutes from now. Thank you so much for your analysis. Thank you. And another big story to bring you. Some are calling it the defining economic event. The drop in oil prices over the past six months and it is a big relief for us to survive. You will not likely so cheaper flights. My complaint is how expensive the Airline Tickets are now. Mike, what have you got . At a time when americans can use extra dollars in their wallets. In texas, the station in keller 1. 75. And then it was matched by qt and exxon went down to 1. 69. And consumers may be happy now, this is not likely to be the new normal. We may see expensive gas in six months. We just dont know. The fact that we dont know what will happen to the price of oil in the future, we shouldnt over react. And the average American House hold saves 528 in 2015. You might buy an Airline Ticket. Never mind the luggage fees. The major commercial carriers appear to be adding prices and the airline plan is to reduce it for the benefit of lower air fares. A lot of the airlines will hedge and use futures markets to guarantee against the ups and downs in the costs and it doesnt translate in the cost of an Airline Ticket as it does in the price of gasoline you pay in the pump. A drop in oil prices prompts them to cut spending and impact the Energy Stocks and there is a range of reactions and impact on the over all economy. Mike, thank you. And so you think the stock market increases and lower gas prices will continue in the new year . We hope so. Log on to the live chat. Go to fox news. Com happening now. And the apparent cyber attack from north korea is not the only warning of the terrorist attack. Fema is not fully prepared to handle a Nuclear Terror attack or large scale catastrophe. And they are years away from assures the americans. There is a lack of coordination among the federal agencies and did hamper the response after super storm sandy struck the east coast. You would think they would have their act together. We have late breaking information on sony pictures. The fbi blaming north korea for the attack. What will the president say about the rogue nation attack. It is set to start moments from now. Keep it right here. Can you help me up . [ snow intensifies ] [ sleighbells ring in the distance ] aleve. All day pain relief with just 2 pills. Get back to being you. Nobodys hurt,but there will you totstill be pain. New car. It comes when your Insurance Company says theyll only pay threequarters of what it takes to replace it. What are you supposed to do, drive threequarters of a car . Now if you had a Liberty Mutual new car replacement, youd get your whole car back. I guess they dont want you driving around on three wheels. Smart. New car replacement is just one of the features that come standard with a base Liberty Mutual policy. And for drivers with accident forgivness,rates wont go up due to your first accident. Learn more by calling switch to Liberty Mutual and you can save up to 423. For a free quote today,call Liberty Mutual insurance at see Car Insurance in a whole new light. Liberty mutual insurance. Now information on the cyber attack against sony pictures. The fbi accusing north korea for launching that assault. Theessa peyton is the former white house chief information officer. Your job would be to oversea and make sure your systems are secure in the white house. You have seen this hack before but never at the this level, your thoughts on it . You are right. At the white house we would see america attacked every sing day. But what is interesting about this is the unprecedented success the hackers and the depth in which they were able to go in the network and data and different tactics once they had the data. It is unprecedented complex type of attack. Folks are saying it is a National Security issue and threat. They got into an Entertainment Company and not a Power Company or one of our major banks. So how well prepared are companies in general to deal with these kinds of attacks. Sony should be a great example to American Companies and companies abroad as well. You can never be too prepared and one of the things that this speaks to, is the fact that companies a lot of times havent thought through, how do i limit access to my employees so if their accounts are compromised they cant take over our entire network. I dont believe every company in america has thought about the fact that organized and very talented hackers evil doers would be attacking the company at this type of level and thats what American Companies have to take away from this. Even more important. A ceo could get blackmailed and cause him to take destructive actions and you never know what can happen. I am wondering if they are operating from the same set of standards to make sure the systems are safe . They are not. And again, it gets back to sort of the, we have to practice a digital disaster. We did it in the white house and government does it and businesses should, too. And they should take all of the headlines and say what if this happen here and practice a disaster and what if your board or ceos emails were put on the internet for everyone to read. Would they stand in the light of day . Thats the type of Thing Companies need to be prepared for now. And sounds like federal guidelines as well. We would love to have you back to ask you what companies can do to get up to speed. Thank you for having me. We might get answers to those questions in a few moments. The News Conference 12 minutes from now. In the White House Briefing room. And well bring it to you live. Cuba, north korea, sony and obama care and congress, and the problems facing our nation. Will that be all, sir . Thank you. Ordering chinese food is a very predictable experience. I order b14. I get b14. No surprises. Buying business internet, on the other hand, can be a roller coaster White Knuckle thrill ride. Youre promised one speed. But do you consistently get it . You do with comcast business. And often even more. Its reliable. Just like kung pao fish. Thank you, ping. Reliably fast internet starts at 89. 95 a month. Comcast business. Built for business. Right now a lot to talk about when it comes to the media. North korea on the course. And a fox news analyst and a lot of blow back and push back dealing with the sony hack. And the first time we are hit in a massive cyber attack by a foreign country. It is a major blow against free speech. The company was under pressure after threats of violence and all of the hollywood hot shots attacking sony for letting north korea dictate. And i dont know what the president will say about that. He will have to address the question of Cyber Security not only on the governments part and officials of the state were consulted by sony on the movie and they told them to go ahead. No problem. You are dealing with your grid and Computer System and electricity and every infrastructure in the country that is vulnerable if north korea carried it out. We know that every company in our organization could be vulnerable. Not only embarrassing emails but shut down. And that is on the front burner and look at Media Coverage of president obama. Up to and encluding and mr. Obama took air on Climate Change and on cuba, they are controversial. And they are things that the press likes or is sympathetic. And that is brave in latin america. You can get the drift. He may try to turn the News Conference in a victory lap and building on momentum. And certainly what i expect him to say it is historic and a major break through. But is the media ignoring the other realities of cub a. 70000 people in war camps and the number of Political Prisoners is up and not one person was released except for the hero spy. Is the media ignoring that part of the story . Ignoring, no. There is coverage on cuba. Marco rubio is everywhere talking about it. And immigration and the president has taken historic actions rather than actions that we are outrainfalled about. I am sure well see president obama in a few minutes make a point that the economy is improving and there is recent indicator that stock market is going up and the gas prices going down. And the white house will take credit for that. That is good for the drivers. And you can see harry on media buzz every sunday at 11 00 a. M. Right here on the fox news channel. Heather . President obama is set to address the White House Press corps. The fbi is now officially blaming north korea, and what will he do about it, well have that coming up. Kinda were new to the pacific northwest. The rain, the mudbabam its there. The outside comes in. doorbell its a Swiffer Wetjet oh, i love this i could do this everyday. Ewww. Sunshine is overrated, now we can get messy. Approaching medicare eligibility . You may think you can put off checking out your Medicare Options until youre sixtyfive, but now is a good time to get the ball rolling. Keep in mind, medicare only covers about eighty percent of part b medical costs. The rest is up to you. Thats where aarp Medicare Supplement insurance plans insured by unitedhealthcare Insurance Company come in. Like all standardized Medicare Supplement insurance plans, they could help pay some of what medicare doesnt, saving you in outofpocket medical costs. Youve learned that taking informed steps along the way really makes a difference later. Thats what it means to go long™. Call now and request this free [decision guide]. Its full of information on medicare and the range of aarp Medicare Supplement plans to choose from based on your needs and budget. All plans like these let you choose any doctor or hospital that accepts medicare patients, and there are no network restrictions. Unitedhealthcare Insurance Company has over thirty Years Experience and the commitment to roll along with you, keeping you on course. So call now and discover how an aarp Medicare Supplement plan could go long™ for you. These are the only Medicare Supplement insurance plans endorsed by aarp, an Organization Serving the needs of people 50 and over for generations. Plus, nine out of ten plan members surveyed say they would recommend their plan to a friend. Remember, medicare doesnt cover everything. The rest is up to you. Call now, request your free [decision guide] and start gathering the information you need to help you keep rolling with confidence. Go long™. I research. I dig. And dig some trader more. Search. Because, for me, the challenge of the search. Is almost as exciting as the thrill of the find. announcer at scottrade, we share your passion for trading. Thats why we rebuilt scottrade elite from t