well our very own charles payne and taylor riggs will help us out in a minute.irst up our own hilary vaughn standing by at the white house with all the latest. hey, hilary, how are your indexes doing today? [laughter] >> reporter: i purposely not been looking. larry: good, good. >> reporter: here at the white house if you would think that friday's jobs report, bad jobs report was a nightmare for the biden-harris white house you would be wrong because the biden-harris economic team insists that what they're doing is working. so they're going to keep it. >> is there anything that the administration will do differently now to work on it? >> you know, we, it's not a change in course but it is a, you know, continued commitment to the course we've been on. >> are we in a recession? >> we're definitely not in a recession. >> reporter: but we could be on the brink of a recession. economists at goldman sachs think that is more likely today than it was before, raising the odds of that happening from 15% to 25%. we tried to ask president biden here at the white house if he

me, i'm taking the business guy, a shocker, joining me now taylor riggs and charles payne thank you, kids. a lot off my chest there. >> good. larry: charles what do you think about this. >> good for you. >> i agree. all of the above. >> just, something for everyone here. >> there is. it is you know, you started off in talking about powell and how j. powell taking the blame, they there has been easy money, everyone is hoping that j. powell come to rescue, he is between a rock and hard place, the fiscal side of it continues to pump in cash. larry: right. >> you know they make his job impossible, and other part is of all this sell-off that most fascinating part is small caps. in july, when president trump had a dominating lead over president biden, the small caps went crazy, one session we had never see your standard deviations, back to 1900 with the dow, 19 28 with s&p, we never seen an index take off like, that in has given it all back that right there is a proxy for how at least investors feel about a harrison presidency. >> fair, taylor riggs, recessions will breed falling profits,

taylor riggs and jackie deangelis will join us ahead on that. e. and you've lived with the damage it caused. but even after all these years, restoration is still possible. learn how at tedhelp.com. stains happen to the best of us. i bet carl lewis doesn't get tomato sauce on his jacket. dang it. urghh! when they do, tide's got you covered. —looking good, man. —learned it from you! it's got to be tide. where ya headed? susan: where am i headed? am i just gonna take what the markets gives me? no. i can do some research. ya know, that's backed by j.p. morgan's leading strategists like us. when you want to invest with more confidence... the answer is j.p. morgan wealth management new centrum menopause supplements help unpause life when symptoms pause it. with a multivitamin plus hot flash support. daily zz for quality sleep. and enxtra for focus and clarity. centrum, powered by clinically studied ingredients. ryan t. writes, "moving is stressful. can you help me take one thing off of my to do list?” ugh, moving's the worst. with xfinity, you can transf

i am taylor riggs and fred liz claman. the dow hit an all-time high, needs 23 points for a new record close. it would be the 23rd close this year if the bulls can hold off the bears. markets are bracing for key earnings and economic data this week. we have the big chipmaker giant nvidia happening wednesday. the semi conductor etf has investors living up to the ticker. one of my favorites smh, shaking my head, installing out at the 50 day moving average. on the economic front we have the pce inflation report coming friday and ahead of the durable goods orders search today much more than expected in july. coming in 9.9% last month. this is the largest increase since july 2020. let's get right to the floor show, joining me i'm pleased to say semi global investment ceo and cio david hardin and company and founder dan geltrude, great to have both of you. let me start with you david on the markets. are we in the fed waiting mode to see what's going to happen. >> i think we know what were going to happen i think you're going to c

here is co-host of big money show on fox pc taylor riggs. good morning.t to pay less. >> taylor: prices are rising at a slower rate, it means prices are still going up, headline numbers are spot on, strip out com components, core inflation is up 3.2% year over year. fed target is 2%, we are getting closer to the goal, prices are not falling, they are rising les quickly than they were. under the surface, rent, auto insurance, things are rising at s significant pace, we can take a little sigh of relief with this report. >> steve: we want to pay less, same time, you know this, you go buy stuff, seems like prices are higher. >> yes, they still are, are people getting used to it, i'm used to eggs being what they were because i have been experiencing that. or do i remember prices in 2019 pre-conversationed and pre-biden. people need to figure out if we're adjusting or not. prices will never go back to where they were in 2019. we have to get wages to keep up with this. prices are rising less quickly. >> steve: assign of the times and you know this, amount of cre

taylor: i have something on the indicator coming up. i'm taylor riggs in nor liz claman. stocks are in for a closing bell and investor holding out fire before earnings and economic data later this week. the dow suicide you can see mostly unchanged here and remember, any gain today will be a second straight record. s&p 500 also less than 1% from a record high. trading up now just about two tenths of 1%. nasdaq also searching for direction. now at the moment they're trying to pop up a bit in the green really that is the outperformer. really including nvidia. take a look at shares of nvidia. they're up almost 2%, always investors await the ai chip makers and we'll be doing an in-depth preview of what to expect from nvidia and what it means for broader ai space. the economic data this wreak, we're getting gdp core pce and fed's preferred inflation gauge and what about the nontraditional read of the state of the economy. i mentioned at top of the hour. the sausage indicator and the dallas fed and shows modest growth in sausage category. okay, what does that mean. that category

taylor riggs, you have a daughter. would you sign her up?as born, should we start saving? don't worry because it will look different in 18 years. our daughter teaching teachers to code. we can do these things. a transportation company, guess who owns more than he does, who gets paid more than my dad does. the mechanic because you can't find them. stuart: a quick question. you mentioned younger girls, you know a welding torch, have you seen them? >> they are heavy duty equipment. they are dangerous but all supervise, highly trained experts teaching these courses. stuart: they are all laughing at me. thank you very much. a new survey found many teens losing interest in the idea of school. half say they have been challenged in a good way. cory deangelis at the american federation for children joins me now. why are kids bored with school? >> maybe we should have more focus on the trades, college is being shoved down their throats. that's not the right path for every one. when they are not being challenged at school or in a school environment, wh

taylor riggs still with us looking at the movers, why don't you go through the list starting with nvidiadia, yeah, so 14% in the last three days, there are you'll or s over the weekend that a.i. chip was delayed but we're getting a bounce back today because we heard similar companies from palantir. lauren correctly pointed out that palantir is coming out and a.i. is very much in demand. they are saying it is unrelenting and it goes beyond academic. a.i. is here to stay and nvidia is reminding us of that story. also quickly, wanted to look at lucid. forget about earnings. no one cares this is a sale story, and guess what? they reiterated guidance they want to produce about 9,000 cars this year. a big influx from saudi arabia will keep them in the green in terms of cash through the next year, so pretty good here. the stock up 2%. and this is also an interesting one and last time it looked severely to the downside, still down 23% swinging to a loss. subscribers are down 9% to just 4.4 million and the stock is down 75% this year alone all because of lower revenue from a.i. why would i spend

i'm taylor riggs in for liz claman. it would be a record close and slipping off the one-half of 1% and s&p 500 and nasdaq off on the 1% and nasdaq turning negative for the month. but, the only stock that this market is focused on is nvidia. dan ives and web bush calling nvidia the most important earnings of reporting this year. goldman sachs the most important stock on planet earth and ameriprise financial saying it could have more impact than jay powell's whole speech last week. if that's not pressure, i don't know what is. last week daniel newman of the future group told us all of wall street dependent on how this earnings report goes. take a listen. >> the entire market is at risk. you could almost cross off every other economic indicator going to come out this week and nvidia not showing up and that's not just hitting the number. that means beating the number. there's not a lot of room for error, but i don't expect one. i don't expect any errors here. it'll be clean. to the best of my recollection it could be volati

riggs. >> thank you so much, hello i am taylor riggs. >> i'm brian brenberg. >> i madison alworth andangelis. welcome to "the big money show". taylor: a fox business alert markets in the bed today had a big tech earnings incl

i am taylor riggs and fred liz claman. the dow hit an all-tim

all right, still here with taylor riggs. taylor, so -- people are beautiful. 88,000 likes all prayers and all positive. people are really beautiful. >> you and your family are beautiful as well, charles. you should know that . charles: all right, thank you very much. all right, folks. kelly o'grady here for liz claman. kelly, over to you. kelly: charles, i got to meet your niece at that fundraiser and makes my heart so happy to see her back at work. i'm sending you hugs and thoughts and prayers and her as well. charles: thank you very much. appreciate it. kelly: i'm kelly o'grady in for liz claman today and we're wrapping up one of the most volatile trading weeks of 2024 and the dow, it kicked off the week by tumbling more than a thousand points on monday and it's been choppy this week and the bulls been fighting back all week long to trim some of the losses and the markets that have been a little bit all over the place but we're in the green and the dow up 13, is and p500 up 19 and the nasdaq up 62. vas for context on the s

we have cohost of the big money show on fox business, taylor riggs. great to see you. >> you too. inflation is a real thing and something you can't avoid. this will show you it's hit everybody so far over 20% since 2021. when we talk about inflation being up 21%, it's that our wage aren't keeping up with that. so we feel poorer and my frustration is she's had 365 times three and a half years of day ones to show us economic policies so it can't be a priority on day one when it should be a prior right now and over the last three and a half years and i would argue we have her economic record. we had three and a half years of this economic record and it's been inflation. pete: people felt the same thing. you've got grocery tracks with what we saw on inflation and a big one, taylor, moving along. credit cards. if your income is not keeping up with cost of living and credit card payment interest rate is what, maybe 22% on sort of annualized basis. you get into the situation when most people are trying to pay off the interest and they're not even ibram to dip into the principle to pay of

. >> dana: taylor riggs and brian brenberg.. >> copying is biggest form of flattery. >> so annoying. from a policy perspective, from political perspective, interesting to be copying someone. it is clearly very popular idea so taking someone's idea may be a good move by her. from economic perspective, brian and i disagree on this. i deep down worry, i like the idea, worry it pits low wage workers against other workers. >> dana: why not the dish washer. >> exactly, i get worried about br broader economic implication of it. >> dana: i hear you. >> she teased it, what is different of opinion? >> by itself, that does not mean a lot. if you say, i want to tax less of everything, like trump says, i like it, you are signalling something. problem with kamala, she says i want to tax tips less and regulate more meat on plate you are serving. do you trust someone to regulate meat you consume to keep her hands off your tips? i don't. >> dana: i thought kevin mccarthy had a good point, saying other thing trump team could do, point to how she

all right, still here with taylor riggs.really beautiful. >> you and your family are beautiful as well, charles. you should know that . charles: all right, thank you very much. all right, folks. kelly o'grady here for liz claman. kelly, over to you. kelly: charles, i got to meet your niece at that fundraiser and makes my heart so happy to see her back at work. i'm sending you hugs and

taylor riggs, "the big money show," now

taylor riggs will be there and bobby shakocon.l be talking about aura, aura mall -- officials won't confirm that is the gang, that is interesting. >> brian: check their neck tattoo. >> dana: thanks for having me, i love your show and i love doos on the loose. >> steve: you never know what people are going to say. >> dana: or if they speak english. >> lawrence: square. >> brian: the french, that is what they speak. >> steve: they wanted to see if we were taking care. >> lawrence: you got one in by end of the show. good job. >> brian: thanks, dana. they say college football is religion and two are colliding at ohio state. >> encouraging to step out in faith, whatever you are going through, whatever you been through, there is god that desires you. >> brian: former wide receiver who led the faith movement will be next, don't move. your best defense against erosion and cavities is strong enamel. nothing beats it. i recommend pronamel active shield because it actively shields the enamel to defend against erosion and cavities. i think th

taylor riggs, "the big money show" guys. taylor: i am all in with space x. it is incredible.

hello everyone i am taylor riggs. >> i am bria

taylor riggs joins me this morning.ight, taylor, how is harris going to pivot away from the unpopular bidenomics? >> well, she's trying to. i wasn't around a this last three and a half years, i have nothing to do with bidenomics. biden is very much say, no, she's exactly what bidenomics is, and she's going to stick to that message. the white house, kjp she and biden are one team, it is bidenomics. you mentioned price gouging and the construction of new homes, but there is that fundamental difference, right, between a capitalist society, bottom-up, left of free market with some minor regulations work itself out versus the government coming in and dictating why you should be spending, what housing -- giving away more money for homes instead of just creating the root cause of inflation which is all of this spending to bring down the cost of homes that normal americans can afford on their own. there's a stark the difference there between the socialists and capitalists. stuart: she's always been like this, always on the left

taylor riggs with us this morning. i want to get back to the inflation report earlier today. is clearly cooling, according to the ppi and the markets seem to like it. taylor: yes, i think there's nothing in this report that tells us we're not going to get 25 basis point cut in september. you're seeing very good disinflation on the good side and good moderation on the services side that we were really waiting for so we're finally getting that. goldman sachs came out with a great note this morning saying this is a classic buy the dip opportunity especially when it comes to nvidia given such the big drawdown you're really getting this opportunistic sentiment as we're heading into earnings, jackson hole in a few weeks where we hear from jay powell so a lot of excitement here. the bank of america fund manager survey came out. big tech is still the big trade. nothing last week derailed that so people are still very much excited about these markets. stuart: we've got another inflation report tomorrow morning, consumer prices, 8:30 eastern time. a lot of people are saying look that's

taylor: i am taylor riggs. brian: i am brian brenberg, welcome to "the big mone

taylor riggs and mark temper. here they are. great to have you both.n georgia, nevada, north carolina, arizona, the economy is the number one issue. this is not a surprise. what is different in those states that might be different from the rust belt states, these are the sun belt. what about the rust belt? >> i think harris is doing a really good job of distancing herself from bidenomics. but there is something different going on where the right really wants to talk and you've heard from trump about the bottom-up creator economy. get regulation out of the way and let people, businesses create, flourish, entrepreneur, competition will bring down prices versus the left wants to talk about price controls. big bad evil corporations. that sounds good. if you are a voter who doesn't quite know all the way economics works, that can be tempting. but if you know the way economics works, you know that price controls do not work. grocery stores we know are not making money. you know who is making money? apple. so you will do price controls on your apple phones. t

i'm taylor riggs, good to be here for "the claman countdown." good record for the dow, 23rd for this year. ♪. >> hello, folks, welcome to special edition of "kudlow," i'm david asman in for larry kudlow. president biden spoke at the dnc a week ago and has stayed it of the public eye ever since after vacationing in california last week, potus is taking another vacation in delaware as tensions are rising in the middle east. byron donalds from florida will weigh in but rich edson in delaware. what is the president doing, david? >> reporter: nothing but phone calls nothing in public. white house pushes back there is no thing as presidential vacation, a white house spokesperson says the president is working no matter where he or she goes. the president arrived in rehoe both. he spent last week in santa barbara wine country. he refused to field questions from reporters on his trip back to the east coast. the last they heard from biden when he left the democratic convention late monday. since then there has been a mass escalation of fighting between he

listen, everyone is on pins and needles and red on the screen and lucky for you, taylor riggs in forks, charles. we're beginning in final hour of trade with fox business market alert. you're watching all of the record hig

fox business cohost brian redbrick and taylor riggs on what it will take to pull families out of therida retirees are reeling from economic woes. the solution they are turning to just to get by. stay with us. ♪ ♪ every day across our nation, families talk about their plans for the future, and they talk about how they're going to achieve them financially. and prices are still too high. when i am elected president, i will make it a top priority to bring down cost. we should be doing everything we can to make it more affordable to buy a home. under my plan, more than 100 million americans will get a tax cut. i will help families, letting you keep more of your hard earned money. as president, i will be laser focused on creating opportunities for the middle class that advance their economic security, stability, and dignity if you want to know who someone cares about, look who they fight for. donald trump fights for billionaires and large corporations. i will fight to give money back to working and middle class americans. i'm kamala harris and i approve this message. ♪ ♪ >> john: well, how

i'm sure taylor riggs and her buddies can get us through this. "the big money show" is now.

taylor: i'm taylor riggs