right now charles payne will take you through the next hour. charles? charles: david, thank you very much. i'm charles payne. this is making money. breaking this moment, looking to end the week in the green, perhaps record territory, another major day for earnings. we're halfway through. what the metsage is. forget about the beats. i will tell you what is really happening. plus top u.s. and chinese officials talking trade today. this after vice president pence blasted beijing in a peach, president trump called fine. obviously did not rankle or dissuade china. warning for seniors. scammers are after you, and what you need to know. all that and more on "making money." ♪. charles: it's a huge day for markets. the s&p on pace for record close. we're officially halfway through earnings season. guess what, folks. we are enjoying life. people are buying stuff they don't but what they want. check out some huge winners from earnings season. recreational vehicles. snowmobiles. motorcycles, electric sportscaster. these stocks have made gigantic moves last couple weeks. pe

charles: why was that absurd? i don't get it. she's spear heading several initiatives -- >> charles -- >> charles: that was bipartisan today and we'reg prisoners that -- nonviolent people out of prison because of her. >> charles, that's a deflection from the g-20, which is not -- didn't have anything to do with criminal justice reform. when we talk about this, what we're saying is that ivanka trump has no diplomatic experience, has no place to be amongst these world leaders and she's there, you know, because she's the president's daughter. >> charles: kayly, some would say a community organizer didn't have any experience. but when barack obama was president -- >> he was elected. >> charles: you know, here's the thing. the trumps were business people. you know, ivanka had brands. they did business in china. i guess maybe the criticism might be getting to them. reports that they might sell their hotel in d.c. you see where there's the same thing, that there's sort of a moral equivalency here? >> i think there's absolutely fair criticisms to be made of jared and ivanka's role in the white house for sure. but should joe biden be the one

that was something our charles payne telling us about, before one of these came out. thank you, charles. charles: good afternoon, i'm charles payne this is making money. major indices clinging to slight gains. that is a major news how the companies posted negative earnings last night. we'll explain why the market is hanging in there. cryptocurrency, one of the nba's greatest players ever, shaquille o'neal, weighs in on the nba china spat saying the rockets general manager was quote, right to tweet his support for hong kong. all that and so much more on "making money". ♪. charles: boeing is up. was up a lot more after it continues to expect the 737 max to return to service this year. jackie the initial reaction sent shares down. it was down to 330 a share but as high as 346. what changed the dynamics? reporter: good afternoon, charles. on its face this was a big eps miss. 1.35 expectation of 2.09. revenues were slightly higher than expected. what was said about the 737 max plane. anment acknowledges they still plan to get it up and running in the fourth quarter. ceo dennis muilenburg said it is a

charles. charles: by the time you get the show back, maybe we'll get dow up there. at least nasdaq. maybe two highs. connell: all right. charles: i'm charles payne. this is "making money." we're at an all-time high when it comes to the s&p 500. it opened to record territory. the, we'll look what is driving the market. how you get in on the action. with all the positive news what does it mean for the federal reserve? how does the china trade news, upcoming jobs report play into all of this? we have insight for you. isis leader baghdadi is dead, instead of coming together we as americans are being driven apart mostly by the media. we'll look into that more deeply. all that and so much more on "making money." ♪. charles: we begin with a record folks. the s&p 500 in record territory at this moment hitting an all-time high earlier today. the dow not far behind. we're very close there. it's a huge day on wall street. i want to bring in our guests on that erin gibbs, and shah galani. let me start with you. both you and erin are my two favorite market guests. you're a little cautious on market. reaction to earnings and data news that

charles payne right now. charles: thank you very much, neil. i'm charles payne this is "making money." breaking at this moment. markets cautiously grappling with what is next with the trade truce. we'll break it all down for the investor. what should you be doing at the very moment. with the fed interest rate decision looming, many are calling out president trump for bullying central bank but is it really wall street bullying the fed? one investor takes a stand. sanders calling out warren as capitalist as he tries to make himself the front-runner ahead of tomorrow's debate. all that and more on making money. ♪ charles: the markets essentially flat. all eye what is happens next, in the first phase of this u.s.-china trade truce. both sides say there is more work to be done. president trump says in fact he could sign a deal with president trump summit in chile. treasury secretary steve mnuchin says there is deal in principle and what is coming in store for next couple weeks. >> there will be deputy level calls this week. there will be principal level calls next week with ambassador lighth

charles: wow. patrice, thank you very much. >> thank you, charles. charles impeachment may be a headache for president trump right now but it translates into bug big bucks for his campaign. >>> is powell protesting too much? i think he is as upset with trump as the president is with him. ♪. you're late. david! what did you think of the book? it's a...masterstroke of... heartache...brutality... ...and redemption. you didn't read it, did you? i didn't...but i will. the lexus nx, modern utility for modern obstacles. lease the 2020 nx 300 for $349/month for 36 months. experience amazing at your lexus dealer. this is the family who wanted to connect... to go where they could explore and experience adventure in unexpected places... ♪ who were inspired by different cultures ♪ and found that the past can create new memories... leading them to discover: we're woven together by the moments we share. for everywhere you go, expedia has everything you need, all in one place. now you can, with shipsticks.com! no more lugging your clubs through the airport or risk having y

charles. charles: thank you, neil. i'm charles payne. this is "making money." the markets are dressed up in red and report that china is potentially souring on new trade deal. before you panic, buckle up, watch the show. there is nothing spooky about the avalanche of guidance from important american companies. your hard-earned money powered the results. you should be asking, is it too late to invest? my panel has the answer for you. >>> house voting to make the impeachment inquiry against president trump is official. congressman andy biggs is with us to tell us why he think it is a sham. all that and more on "making money." ♪. charles: how many millions of americans find themselves every morning drinking in starbucks, say one of those machky -- machiados, posts on facebook? maybe you're one of them. if you don't own the stocks, they can still be great invests f the answer is yes, we'll find out from our expert david dietze, point view wealth management and mitch rochelle. these companies have been around here for a long time. they use it. it is ubiquitous in our

charles. charles: charles. time will tell. thankthank you, jackie. you know my size? consumer in the driver's seat and booming economy, with holiday sales predicted to increase, low unemployment as we go into 2020. of kevin kelly, managing partner of benchmark investments. let me start with you, nordstrom, new york city, they drew up 10 years ago. a lot of things changed. i would add to it, you can go there for blowout and botox injections. >> blowout, botox and booze. the three bs. they have it all figured out. the most important thing, what nordstrom said themselves previously is that, that they actually see the consumer doesn't see nordstrom as a store. doesn't see nordstrom as a salesperson. doesn't see nordstrom as online shop. they see them as all three. you have to have all three verticals supporting each other. why nordstrom spent a lot more money on what we call nordstrom locals. they are smaller stores. 3,000 square foot stores that hold no inventory. people go to buy online and pick up in store. the reason they opened it, to foster online steals. in new yor

charles payne. hey, buddy. charles: biggest, most powerful stock in the dow. we'll go over that. eye of the tiger, cavuto. we'll see you soon. good afternoon, everyone, i'm charles payne this is "making money." we're kicking off a huge week for earnings. we're talking amazon, microsoft, most notably even boeing. they will report what the numbers say about consumer strength in our economy, best names for you, the investor. officials from other corporations may be getting ready for prison. i will go in depth into the dark side of capitalism. its origins, how headlines could help radicals looking to remake the economy in 2020. hillary, her unwillingness to stay out entire field put everyone in disarray. i'm talking about the dems and a donnybrook with the dems. so much more on "making money." ♪ charles: new 737 max fallout causing boeing's stock to decline even more. after a report that boeing may have been hiding issues for the 737 max for years. internal messages from 2016 between two boeing employees suggest that the aircraft maker may have misled the faa about the boeing 737 max, the safety system. boeing expected to report quarterly earnings on wednesday. brin

charles payne. charles: this is making money. i'm charles payne. deputy level talks underway in washington. the administration blacklisted 28 chinese tech companies over human rights violations. president trump believes in maximum pressure. wall street worried this could mean no deal. we're off the session lows but peter navarro will be our first guest. he will give us greater insight whether this tactic is going to work. while china comes to the trade table. they have nba, other american companies in a vise grip defending human rights. i talk to a former nba player who played in china, why it is so hard to tow the line on this issue. jay powell facing questions moments from now. we're anticipating that we hope maybe that the cut in interest rates come up. i said today he must make it clear that the next fed move is unambiguous. i think wall street wants it to be a rate cut. all that and so much more on making money. ♪ deputy trade talks with china are underway as we speak. clearing way for higher level discussions on thursday. this amid disarray between the two sides. u.s. blacklisting 28 m

charles payne. it is the weirdest thing. anyway, charles maybe you can correct your ills and errors in the next hour. how are you my friend? charles: i will try to redeem myself. remember the cp effect. we'll need it. this is charles payne and this is not "making money" right now. the dow making more than 400 point swing to the downside t may have changed everything now. this may impact fed policy, trade developments and other things. we'll talk about that. it is about toing a big test slugfest. mark zuckerberg caught on tape saying he is ready to fight if elizabeth warren tries to break up facebook and he will take it to the mat if he has to. ncaa blowing the whistle after a new california law allows college players to make money. a former player tells players be careful what you wish for even though making money off your efforts is part of the american dream. all that and more on "making money." ♪ so the markets erasing a pretty nice gain at start of trading. ism came in, ism manufacturing numbers came in lower than expected. factory activity falling to 47.8. just know that in september, that is the low evident reading since jun

vandalizing them carry very strongly sending the message that that is not acceptable all right charles and charles charles until in hong kong for us we thank you very much for your reporting. to iraq now which has been shaken by another day of violent protests security forces in baghdad again opened fire on protesters who've been demonstrating against chronic unemployment poor public services and corruption at least 70 people have been killed and hundreds injured in 4 days of unrest across the country. protesters rushed to take one of their own to safety then they flee is the sound of sniper fire ricochets through the streets they're desperate enough to risk their lives because they feel the state has failed to deliver the basics. we're going to protesting because we're suffering there's no electricity no jobs people are dying of starvation it's a curse. that unrest has spread rapidly across the country this week without any apparent leadership or connection to a political or secure in movement in response authorities shut down the internet and imposed around the clock curfew in the capital which has now

charles: don't take this the wrong way. i think you have got what it takes to be an influencer. >> thank you, charles. >> you have the personality. you're upbeat. >> follow me on all the socials. i appreciate it. charles on the show. >> so happy to be here. charles: earnings season has gotten off to a strong start. netflix reports after the bell. this is company everybody wants to know what will happen particularly with all the new competition. we'll handicap that and what else you need to know as we head into the final hour of trading. ♪ for online u.s. equity trades and etfs. and fidelity also offers zero account fees for brokerage accounts, plus zero minimums to open an account. and only fidelity offers four zero expense ratio index funds directly to investors. with all of those zeros, there are zero reasons to invest anywhere else. fidelity. ♪ so maybe i'll win ♪ saved by zero now you can, with shipsticks.com! no more lugging your clubs through the airport or risk having your clubs lost or damaged by the airlines. sending your own clubs ahead with shipsticks.com makes it fast & easy to get to your golf destination. with just a few clicks or a phone call, we'll pick up and deliver your clubs on-tim

them carry lamb very strongly sending the message that that is not acceptable all right charles and charles charles in pill in hong kong for us we thank you very much for your reporting. to iraq now which has been shaken by more violent protests security forces in baghdad again opened fire on protesters who were demonstrating for a 4th day against unemployment poor public services and corruption since tuesday at least 70 people have been killed and hundreds more injured in unrest across the country. a moment of 1st bite from the violence iraqis enjoyed a day of calm after this week's clashes but security precautions remain in place the curfew may be lifted here but the danger of further on the west is in the air people young and old determined to bring about change when hope to see mother to be on the loose protesters here they are holding anything in their hands except for iraqi flags. and they're calling for the most basic of rights employment public services that's what the wonderful young people who graduated from universities want today why. it's the revolution of the hungry and courageous peo

charles payne on significance of that later in the hour. charles: thank you very much, neil. i'm charles payne. this is "making money." breaking at this moment, and they're off. high level china trade talks are underway in washington. we sift through the noise and get real read where things are headed. the trump twist, which wall street is loving at the moment. plus while these talks carry on. more american companies are blinking in the face of china. how apple and google are trying to distance themselves from the conflict in hong kong. what is the tipping point before the mighty american consumer drives this economy? the answer might surprise you. all that and so much more on "making money." ♪ charles: high level trade walks are underway in china as we speak. already a ton of headlines are trickling out. edward lawrence is live at the u.s. trade representative's office with the very latest. edward? reporter: charles, i can tell you these talks started about 30 minutes before they were scheduled to talk and they have been working through lunch. they passed through a break in the schedule

charles: except value got hit big today. >> some. charles: value winner today, despite kimberly clark. >> kimberly clark is not value. charlesit has run too much. >> consumer staples -- charles: no longer safe haven. >> no longer safe haven. technology and communications services have more earnings than staples. proctor & gamble did a great job what they have done with restructuring. we're not using these types of companies for a non-discretionary consumption anymore, charles. our non-discretionary consumption into the iphone. communications services and tech stocks. charles: talk about communication services. i know you like that group. it is the worst performer today. >> today. charles: weighed down by facebook which has 47 attorney generals looking into them among all the other problems they have. netflix, verizon cut a deal with disney, disney plus, will give them a year. i don't know who pays for it but the customer doesn't pay for it. maybe you see value there but it is also the most volatile sector right now. >> again communications services has wonderful theme of content and cash. i think the theme for communications

charles: boils down to money over everything else unfortunately. thank you for sharing so much time. we really appreciate it. >> thanks, charles. have a good day. charleswe're diving more into our relationship with china. are big businesses ready to sink the economy because they don't like administration fighting against china and jeopardizing juicy profit streams. >>> mark zuckerberg is talking about freedom of speech as #delete facebook continues to trend. is zuckerberg trying to relate to both sides of the political spectrum? ♪ no commission. no matter what you trade, at fidelity you'll pay no commission for online u.s. equity trades. at fidelity you'll pay no commission my body is truly powerful. i have the power to lower my blood sugar and a1c. because i can still make my own insulin. and trulicity activates my body to release it like it's supposed to. trulicity is for people with type 2 diabetes. it's not insulin. i take it once a week. it starts acting in my body from the first dose. trulicity isn't for people with type 1 diabetes or diabetic ketoacidosis. don't take trulicity if you're allergic to it, you or your family have medullary thyroid c

charles payne now. charles: i'm charles payne. this is "making money." nice reversal on the market. initially struggling for direction. we're now 230 points off the low as maybe, just maybe we might reach some sort of a deal that could be good out comes. here is the thing. we'll set you up for all three potential out comes in the show. plus elizabeth warren flexing her muscles calling out ceos to put shareholders ahead of stakeholders. this after mark zuckerberg says no one deserves to be a billionaire. he is pandering to the socialist idea that billionaires should not exist. that and so much more on "making money". ♪ charles: u.s. china trade talks resuming this week. all eyes on what if anything may come out of these meetings. stocks were off, the dow off about 150 point. we pared that initially after economic advisor larry kudlow made these optimistic comment. watch. >> we're opening to a number of ideas. some pay be short term, some may be long term. it is essential that the structural issues we talked about for two years since i've been around, the ip theft, forced transfers of

to charles payne right now. hey, charles. charles: neil, thank you very much. appreciate those words of wisdom. good afternoon, i'm charles payne this is "making money." we're nearing all-time highs with the market hurdling over several roadblocks. google earnings missed. that is holding nasdaq. but biggest proxies of the economy, general motors, pfizer, merck, mastercard all posting impressive earnings results and message of market what you need to look for. >>> boeing testifying on on capitol hill about the with prompted the crashes of those two 737 mack jets and taking heat from both sides of the oil. >>> warning signs you need to watch to look out for so you're not losing your money online. all that and so much more on "making money". ♪. charles: s&p 500 hitting another all-time high today, but google is a drag on nasdaq. blue chip names are powered by really strong domestic consumer economy. that is trying to lift the dow. speaking of consumers, confidence report from the conference board missed. key components, including business good, business bad, plenti

charles: representative mo brooks, thank you very much. >> my pleasure. keep up the good work. tell the truth to the american people. >> charles>> charles across california, officials are urging residents to take their safety seriously. >> if you're in the mandatory evacuation zone, and you are still there watching this, you are an idiot. get the hell out. in the workforce that's waiting for them. since verizon innovative learning, students have hardware, connectivity, and quality curriculum. the jobs of tomorrow will involve technology. now students are truly hopeful for what they may achieve. i felt i couldn't be at my best for my family. in only 8 weeks with mavyret, i was cured and left those doubts behind. i faced reminders of my hep c every day. but in only 8 weeks with mavyret, i was cured. even hanging with friends i worried about my hep c. but in only 8 weeks with mavyret, i was cured. mavyret is the only 8-week cure for all common types of hep c. before starting mavyret your doctor will test if you've had hepatitis b which may flare up and cause serious liver problems during and after treatment. tell your doctor if you've had

charles right now. jerome powell getting ready to set stage. he has very busy hour. charles, i will hand it over to you. charlesthank you, very much, all eyes on jerome powell. great to be back. markets are up. chairman powell will hold a question and answer session called, the fed listens. he is expected to address today's jobs report and this week's market volatility and a slowing world economy. trade worries will come up as well. let's bring in edward lawrence with more on powell's comments. reporter: exactly what he was saying. he already started speaking. chairman of federal reserve jay powell says the economy is in in a good place. it is the fed's job to keep it there. what he has not said in the news conference and last fed statement that the fed will do what is necessary to keep the economic expansion going. he is speaking at a fed is listening event at the headquarters in washington d.c. where they make the decision whether to cut interest rates or not. powell says the inflation is running close to or just and 2% target range. some members of the fomc that the inflation under that target is a big deal.

charles, thank you very much. >> thank you, charles. charles: check on uber. time it's 350 people from all over the company, including uber eats. they have been sacked. uber is looking to streamline productivity. they are trimming jobs. >>> now take a look at general motors because their chief executive mary barra met with union leaders earlier this morning. it's unclear what exactly was on the table or is on the table, but they have got another meeting scheduled for thursday morning. this could mean that a deal is on the horizon. you can bet we will be covering it for you. stock up about 2% here. >>> then tens of thousands of trump protesters waving u.s. flags. they are calling on lawmakers to pass legislation that supports hong kong as an independent territory. this as lebron james calling out the general manager of the houston rockets for creating a firestorm while nba players were in china. the king says freedom of speech has ramifications. we are all over that, next. ♪ i get it all the time. "have you lost weight?" of course i have- ever since i started r

charles: general keane, thank you very, very much. appreciate it. >> take care, charles. charlesg in walid phares, i'm not sure how much you heard of general keen. the issue is the buffer zone, turkey said they wanted it all the time. the situation with keeping isis. these isis fighters that we have, under lock and key. securing oil, maybe residual force there, a safe zone for the kurds. is that possible. could we hear that in four or five minutes? >> i agree with the general. >> that is not the entire big picture. the administration will make that call later. what is happening now, the safe zone which is security zone control for turks and their allies and the russians and regime is trying to exist with that. why is that possible, kurd, allies, sdf, have accepted to lose, withdraw to move to other areas. the problem here, first one as the general said is population. half a million kurds, that is something we need to look at. the problem is we decided to quit syria so anything we are going to do in syria now is going to be very timely, going to be very short in time, because the

charles: to fix up new york city. >> he did that. charles: he must feel the same way on a national level. >> two things as i suggested. biden remains the statistical front-runner in the polls. charlesin the business. you see the trends. >> i see the trend. when you're a front-runner. even in iowa and new hampshire. that is hardly a cause for -- charles: honestly. if there is an election in iowa today, who do you think gets the most votes, warren or biden? >> i would bet on warren but it is by no means decided. it is not a slam-dunk. charles: can you say unequivocally that michael bloomberg will not enter the race this time around? >> everything i know suggests to me if bloomberg is not running period. charles: let me ask you about fund-raisers. remember the moment from tuesday night's debate. take a look. >> i'm not willing to give up, let a handful of monopolists dominate our economy and our democracy. we need to enforce our antitrust laws, break up these giant companies that are dominating big tech, big pharma, big oil, all of them. >> charles: turns out warren raised five times as much money from big tech employees than joe biden has. does this surprise you in any way? >> no. th

charles payne could be that way. i'm sorry bumping into your fine show but roe made we do it. charles: for roe, anything. neil: not for cavuto. charles: good afternoon, i'm charles payne. this is making money. breaking at this moment, money talks, it may translate to the election outcome. a new economic analysis has president trump steamrolling to 2020 victory as he gets update on china trade agreement. plus after the business roundtable made headlines saying shareholders money, no longer endgame, one of those companies is taking a next step. i will sit down with mastercard's vice chairman to talk about the constant capitalism crusade. we have a deal. general motors coming to agreement with united auto workers union. why they are not still out of the woods yet. that and so much more on making money. ♪ >>> president trump says turkey's decision to launch offensive in syria did not surprise him. he is on, turkey will be devastating. next hour president trump sits down with leaders. what happened to syria, vis-a-vis turkey surprised him. says on turkey. the sanctions already biting them. like to see us go in that direction. >> he really

fire in the east bay continues now we're joined by kron four's charles clifford who's been on the scene. and he has the latest charles. >>charles clifford is there but i know he's plugged and will get his attention here in a minute and get back to him shortly but we want to give you a perspective on just how big this fire is and how much smoke. >>it has been putting out this is the view from san francisco across the bay. and you can see just said huge dark cloud hanging over and that part of the east bay and understand we we have up on on the phone since we're talking about that smoke in the air. we are joined by carl fisher with the contra costa county health department. >>and karl if you can hear some tell us what you are advising people. >>yeah doctor wrote mission. deputy health officer for contra costa health the who. and he and the department operations center of hazardous materials. and our recommendation is to continue to shelter in place. we've activated the community warning system. will be founded every 30 minutes. shelter-in-place remains in effect in the crockett and rodeo area. we are doing remote on site air moni

charles payne. charles: we want our cake and eat it too. neil: if you have a cake, eat it. charles: if they have a fed you might as well cut rates. neil: absolutely. >> i'm charles payne. this is "making money." breaking out trade talks with china about to come to a head. in moments president trump meets the chinese vice premier at the white house. as new reports say there is partial agreement with beijing. the united states may be on the verge of a better economic relationship with china, america companies are doing big business there. they are doing big soul-searching. the moral cost should be the bottom line. if you're on social security, listen up. more money may be coming your way. will it outweigh the rising cost of everyday living? that and much more on "making money." ♪ charles: president trump set to meet face-to-face with the chinese vice premier in the oval office in less than 45 minutes. the markets rallying over reports that the u.s. achieve a partial agreement with china. here is deirdre bolton. reporter: the idea that the market is rallying or partial deal. two movin

charles, take it away. charles: i'm charles payne in for stuart varney. boy, do we have a show for you. yes, it is all about your money. let's get started right there. futures rebound slightly, the market still trying to digest this partial trade deal. will prevent the next round of tariffs from going into effect but after that, there are reports that china says it wants another round of talks before signing phase one. optimism is fading a little bit there. >>> the other big story affecting your money will certainly be earnings. we have a lot of them from financials to netflix. the big political story, the democrat debate tomorrow. bernie sanders will be returning to the stage and is even going after elizabeth warren, claiming she has capitalism in her bones. imagine that. >>> the president meanwhile will be heading to dallas for another rally this week, doubling down on his pledge to bring jobs back to america, as a new louis vuitton factory gets ready to open. texas is open for business and so are we. we are watching it all. "varney & company" starts rig

charles. charles: thank you, neil. i'm charles payne. this is "making money." and report that china is potentially souring on new trade deal. before you panic, buckle up, watch the show. there is nothing spooky about the avalanche of guidance from important american companies. your hard-earned money powered the results. you should be asking, is it too late to invest? my panel has the answer for you. >>> house voting to make the impeachment inquiry against president trump is official. congressman andy biggs is

charles, great to be here. charles: survey versus reality has been completely different throughout all of this, but the reality is also the dow is off 289 points as i hand it over to my friend and colleague liz claman. liz: what a day already, charles. charles: already. liz: we didn't have to wait long for the famed october surprise but nowhere is the surprise bigger or uglier than in trains planes and truck stocks. look at the dow transports crashing at the moment on the first day of the new trading month. the trigger september's ism report which gauges manufacturing activity contracted for the second straight month, sending those stocks that are involved in transportation and manufacturing down. investors scared straight into hitting the sell button. markets are tumbling across the board either at 1% or slightly below it. dow jones industrials, it is falling more than 1% at the moment, down 283. s&p is down 29. that's good for about a peent. s&p down justlow 1%. -- the nasdaq, rather, but should you believe that ugly ier the dow was up as much as 129 points before that number sent the shockwave across wall street. i warned you about this yesterday, watch out for the ism; right? well, legendary investor and blackstone vice chair i

charl charles barkley had a different focus. here is what he had to say >> first of all, the vice president pence needs to shut the hell up, number one. all american companies are doing business in china. all american companies are doing business in china. i thought the criticism of commissioner silver and lebron james was unfair >> that's charlesesponse note adam silver not sure where to look when that happens and the host are sort of looking at each other i don't know what to do with this i think that goes to the real point. there's a complexity he these companies want to do business with china. >> i may be over paraphrasing what he said we support free speech we're not in the business of censoring the individuals in management or on the teams for what they say when they are speaking on topics of social things it's gone very silent as if a word has gone out. listen, be careful what you say because there's business at stake here which is a responsible response i think he's getting a little too harshly criticized maybe he's tiptoeing around that he's said we're not going to cen censor our people. >>> the key ingredient to magic mushrooms is right up there with heroin and lsd new research into the effects is feeling a push from legalization we'll take a closer look when "power hundrlunch" returns >>> medical marijuana, so last y

his son charles is the president of the company and just 32 years old at the time and that's when charles koch assumes ownership. from the beginning, this guy charles koch who has been ceo since that time, he became ceo when lyndon johnson was president. he is been in control for 50 years. i know of no other corporation in america has been so shaped by a single person in a single personality. from the very beginning he had a very clear idea of how corporation out of iran. one of the key elements as long-term strategic thinking. it takes on the horizon of two, five, ten years tops. at the same time, they operate the secrecy and i talked about that we talk about the theory of trading. that charles knew he wanted to remain private and remain control and wanted to think not in terms of quarter to quarter to quarter at 70 corporations do, he wanted to think long-term. as you say the bigger scheme to wichita from j.p. morgan and said take the company public you have all access to all this capital and all this money. you charles koch will get by million dollars tonight. and he sent them packing. i got the memo that he wrote when he got home. they were bri

right now charles payne will take you through the next hour. charles? charlesi'm charles payne. this is making money. breaking this moment, looking to end the week in the green, perhaps record territory, another major day for earnings. we're halfway through. what the metsage is. forget about the beats. i will tell you what is really happening. plus top u.s. and chinese officials talking trade today. this after vice president pence blasted beijing in a peach, president trump called fine. obviously did not rankle or dissuade china. warning for seniors. scammers are after you, and what you need to know. all that and more on

charles. charles: by the time you get the show back, maybe we'll get dow up there. at least nasdaq. maybe two highs. connell: all right. charlesmaking money." we're at an all-time high when it comes to the s&p 500. it opened to record territory. the, we'll look what is driving the market. how you get in on the action. with all the positive news what does it mean for the federal reserve? how does the china trade news, upcoming jobs report play into all of this? we have insight for you. isis leader baghdadi is dead, instead of coming together we as americans are being driven apart mostly by the media. we'll look into that more deeply. all that and so much more on

charles. charles, that's nirvana for you. charles: well, it is. more than anyone else today. he talked about the consumer, the u.s. economy, gdp growth has slowed slightly but the consumer remains healthy and growth and wages in spending combined with strong balance sheets and low unemployment rates, that's the magic elixir. i think that's what's influencing this market more than anything else today. neil: what about the consumer? we were touching about it on the last segment, talking about people who are inclined to spend a lot on these streaming services and like the whole theater experience and enjoying all this from home, they will pay top dollar to make sure they have it, so if that's a reluctant consumer, we don't see it popping up in any of the spending plans or consumer sentiment surveys. charles: no, we don't. in fact, we had that consumer sentiment number on friday overshadowed by the china talks. i think netflix is going to be the most compelling of all the earnings we get this week. you talk about the ultimate consumer discretionary spe

charles. charles: neil, thank you very much. appreciate those words of wisdom. good afternoon, i'm charles payne this is "making money."ket hurdling over several roadblocks. google earnings missed. that is holding nasdaq. but biggest proxies of the economy, general motors, pfizer, merck, mastercard all posting impressive earnings results and message of market what you need to look for. >>> boeing testifying on on capitol hill about the with prompted the crashes of those two 737 mack jets and taking heat from both sides of the oil. >>> warning signs you need to watch to look out for so you're not losing your

that was something our charles payne telling us about, before one of these came out. thank you, charles. charlesoney. major indices clinging to slight gains. that is a major news how the companies posted negative earnings last night. we'll explain why the market is hanging in there. cryptocurrency, one of the nba's greatest players ever, shaquille o'neal, weighs in on the nba china spat saying the rockets general manager was quote, right to tweet his support for hong kong. all that and so much more on "making money".

who was on a plane with charles koch in the late 60s, an american little bit, we can talk about the scope family. we can turn talk about charles koch but safe to say that charles koch took over the company in 1967 when his father passed away. and they were rearranging the firm try to figure out what to name it and they specifically start joe's name koch because it was a family name that exhaustively completely that went out character, hard to remember and with that description. they were not a consumer oriented company that wanted to develop a brand name, they were a company who wanted to avoid scrutiny. largely because they were in the oil business. the theory of the oil businesses have the opposite of their old staying that's what's good for the general motors co. is good for the united states. americans felt very differently in the oil in the 70s with the oil prices shot up. companies were getting massive profits. at the expense of ordinary people. it is sort of stay in the background when you are in a business like this. behind the curtain. and just quietly make a fortune. charles koch is the second born brother but he is really the picture. truly is the p

up against in trying to make sure that we don't see a sudden escalation again in violence charles thank you charles stratford joining us live there from on the turkey syria border where democratic members of the u.s. congress are criticizing president trump's decision to remove sanctions on turkey that's in exchange for this temporary cease fire they're promising to push through new sanctions on taking next week even as trump is celebrating the fragile truce our white house correspondent kimberly help it has more from dallas. at a texas rally before thousands of supporters u.s. president donald trump celebrated the cease fire the white house has negotiated with turkey by his own admission he called his strategy unconventional.

charles. charles: don't want to be the company that doesn't beat. i'm charles payne. this is "making money." or a vote on the deal to leave the eu live to london with the latest as all news comes in at this hour. seeing avalanche of earnings reports. neil talked about them. most are beating consensus. mcdonald's and travelers are reminders how painful it could be when you miss. when you thought it couldn't get worse for ipos. we have cautionary tales with peloton and wee works. so much more on "making money". ♪. charles: british lawmake

can see some of the delegate there who are enjoying this event, among them, prince charles representing them, prince charles representing the united kingdom. you are with the briefing here on bbc news. now let's brief you on some other business stories: justin trudeau is expected to be returned to office, but his liberal party may have to form a minority government. and japan's new emperor naruhito has travelled to the imperial palace in tokyo, that is the empty throne there, the chrysanthemum the empty throne there, the chrysa nthemum throne, you the empty throne there, the chrysanthemum throne, you are seeing live pictures of what has been going on in tokyo. and in israel, the israeli president will ask benny gantz to form a new government after attem pts gantz to form a new government after atte m pts to gantz to form a new government after attempts to build a coalition government by benjamin netanyahu have failed. now it's time to look at the stories that are making the headlines in the media across the world. we begin with the independent, which reports on a group of british mps planning to rebel again

can see some of the delegate there who are enjoying this event, among them, prince charles representing them, prince charlesth the briefing here on bbc news. now let's brief you on some other business stories: justin trudeau is expected to be returned to office, but his liberal party may have to form a minority government. and japan's new emperor naruhito has travelled to the imperial palace in tokyo, that is the empty throne there, the chrysanthemum the empty throne there, the chrysa nthemum throne, you the empty throne there, the chrysanthemum throne, you are seeing live pictures of what has been going on in tokyo. and in israel, the israeli president will ask benny gantz to form a new government after attem pts gantz to form a new government after atte m pts to gantz to form a new government after attempts to build a coalition government by benjamin netanyahu have failed. now it's time to look at the stories that are making the headlines

to charles payne, who says maybe that's the problem right there, what she's saying. charles, good to see you. what's going on here? charlesked the business world when they said profits are no longer the main driver for business so elizabeth warren is saying is that right, then let me take you up on that. i got to tell you, i think it's a brilliant move on her part. they said forget about profits, it's all about quote unquote, stake holders, deliver value to customers, sponsor diversification, inclusion, dignity and respect. they want to deal fairly and ethically with suppliers, support the communities they work in and then long term, yeah, we will generate value for our shareholders. so you know, she's essentially saying that's my platform. i agree they should put up or shut up. i don't know that that's her platform. neil: you have been arguing that it's the way they do it in germany and that's not exactly been on fire lately. >> yeah. german companies have been stymied, they haven't been able to globally compete because they put labor unions exactly on the same plane as shareholders and you know, i mean, business roundta

my name is charles schneider charles snyder. i am the acting chairman for the dartmouth college republicans. we are pleased to host governor bill weld on campus. a harvard and oxford governor. legalan working as counsel for the united states house of judiciary committee. u.s.nt on to serve as attorney for massachusetts and eventually, attorney general for the criminal division. in 1990, he was elected as governor of massachusetts. and in 1994, he was reelected to that position by the largest margin of victory in massachusetts history. is now running for president under the republican ticket. he is challenging president trump in the gop primaries we have to clarify that this is a policy event and not a campaign event. mr. weld has a history of service to the republican party and to his country and the dartmouth college republicans are proud to host him on campus. without further ado, governor weld. [applause] weld: thank you so much. a great pleasure. i am going to sit by the side here so there is nothing between me and you. i pl

charles payne. charles: i'm charles payne. this is "making money." most companies are beating on earnings. well. all-time highs for market remain elusive. maybe that does change with amazon reporting after the bell vice president pence troubles down on harsh criticism of china both sides getting louder on breaking up tech. almighty american consumer are spending. bringing and mortar malls are suffering andhr

charles schwab and e*trade financial. it is lower by almost 5%. the individual stocks like charles schwab down 10%. losing 1/5 of0%, their market capitalization in one swoop. this after charlesb said it would decrease or eliminate fees on online stock trades, etf trades, option trades. that has the competitors running for the hills. they either match or they lose their business. alta is up five point -- is up 5.8%. the chanel family office has bought more of alta. a great implement premature of confidence on alta. 2.3% after awn sales disappointment. apple, having dropped yesterday, is up 1.5% in a rebound. driving data is everything, as you just indicated. thatstocks sharply down on september print. the eisen factory index posting its weakest reading since the end -- the ism factory index posting its weakest reading since the end of the last recession. his opinion is bloomberg opinion columnist. brian: whenever you have a data point that is the lowest since june, 2009, it is not great. manufacturing does not make up a tremendous amount of the u.s. economy, but it does matter. when you have that kind of print, you see the markets reacting the way you would expect them to. th

charles payne. charles: i'm charles payne. this is "making money." , to go are broadly higher. een the united states and china are really getting some momentum. reports that china open to a partial trade deal. we'll have latest. investors are sure to react to the fomc minutes out in a few seconds. i want to go to our own jennifer schoenberger. she is at the fed. jennifer. reporter: fed officials were divided whether to cut interest rates last meeting but agreed that the fed is not on a preset course for monetary policy internal discussions amongst officials at the policy meeting three weeks ago. charles, fed officials decided they're not on a preset course for monetary policy and that they are going to review the data. in fact several members of the committee thought they should offer more clarity to the statement when the change of policy and response to trade uncertainty should be changed. as far as the decision to cut rates, of course there was quite a bit of division. on the whole, most thought it was appropriate to cut-rate by 25 basis points. for those who were in that cam

charles schwab corporation founder chairman charles schwab had breaking news with disruption for all financial services last week going to talk about that host of "varney & company" stuart weighs in don't miss a moment big rest of the hour take a break then china versus nba state tv halting all nba broadcasts amid growing backlash ghievenz manager breaking it down praise at stake for truce with china pilots suing boeing over damages they argue caused by groundings of the plane saying boeing quote deliberately misled them back in a minute. ♪ ♪ cologuard: colon cancer screening for people 50 and older at average risk. i've heard a lot of excuses to avoid screening for colon cancer. i'm not worried. it doesn't run in my family. i can do it next year. no rush. cologuard is the noninvasive option that finds 92% of colon cancers. you just get the kit in the mail, go to the bathroom, collect your sample, then ship it to the lab. there's no excuse for waiting. get screened. ask your doctor if cologuard is right for you. covered by medicare and most major insurers. announcer: fidelity is redefining value with zero account fees for brokerage accounts. and zero minimums to open an account. at fidelity those zeros really add up. ♪ maybe i'll win ♪ saved by zero backing hong kong protesters haunting nba cheryl casone with more. cheryl: yeah, a lot going on maria china's state broadcaster will not air nba preseason games scheduled this week china saying they will halt contract negotiations with league all this crossing the last hour houston rockets manager's tweet supported protesters no hong kong sparked widespread backlash throughout china, cctv says any comments that challenge the sovereignty not win franchisee of speech. >> speaking in japan said organization, support franchis freedom of xrefks. >> long-held values of nba to support franchisee of expression, in this case there are more asked gm houston rockets enjoyed that right as one of our employees. cheryl: nba resisting beijing pressure to punish and the league was criticized by u.s. lawmakers, over its earlier statement that said it regretted the remarks, nba -- the creators of southpark issuing a sarcastic apology to china after show was banned there because of a recent episode about beijing censorship. >> movie will make money make sure it will clears chinese krenzors we want those chinese viewers. >> official southpark twitter feed said this like nba we welcome chinese censors into homes and harts we too love money more than freedom and democracy xi looks like "winnie-the-pooh." >> the episode long live great communist party in china be good china, made a good joke about it. there you go. maria: funny. cheryl: whole thing. >> it is what statement great dagen mentioned the statement beginning of the show you were right that was -- southpark style. >> harvester to typically -- more tractors than ever before. >>. dagen: stick that censorship where the sun doesn't shine my mother would say. >> it goes back to you know, sports are supposed to bring people together so this could have been an opportunity to talk you know about how you know, we're crossing you know -- the country lines about ideological lines now showing further separating us even further so i think that is the biggest issue we are having because china's way or highway for them, so you are seeing that happen with u.s. companies, over there, too right you have to do business on their terms. and also take your intellectual property no recourse for it so the problem now that we're having is -- is how do we actually enforce sanctions how do we enforce any deal that they may strike with us, in united states. >> very simple we are doing it today doing 28 blacklisting 28 companies doing business with china you hit specific bad actors more attention than broad behave. >> chinese government has noefsh to say we are not going to be oppressed make no mistake the only people o pressing chinese people is communist party. >> how efl evil imagine deprooifg people of basketball. >> how plultiolluting the world are under for plastic views? chinese have 20 times as much plastic than united states so that stench in the air was so bad i always wanted to go back for hotel rolls so i could get away you couldn't get away from it even in hong kong it was so -- not cloudy but foggy because stench in air from all the machines, and the production, producing goods for the world. dagen: america is evil empire because we are ruining mother earth because we use plastic straws. >> emissions reductions. >> bad environmentalists come with dictatorships. maria: quick break i sit down with charlesht d ie with. and most of that debt is actually from credit cards. it's just not right. but with sofi, you can get your credit cards right - by consolidating your credit card debt into one monthly payment. you can get your interest rate right - by locking in a fixed low rate today. and you can get your money right. with sofi. check your rate in 2 minutes or less. get a no-fee personal loan up to $100k. beyond the routine checkups. beyond the not-so-routine cases. comcast business is helping doctors provide care in whole new ways. all working with a new generation of technologies powered by our gig-speed network. because beyond technology... there is human ingenuity. every day, comcast business is helping businesses go beyond the expected. to do the extraordinary. take your business beyond. but when i started seeing things, i didn't know what was happening... so i kept it in. he started believing things that weren't true. i knew something was wrong... but i didn't say a word. during the

charles fanfan. charles: we demand a clean slate to change the system, the potential departure of haitian president jovenel doesn't mean things will just change. we'll continue fighting change in this diabolical system,ant won't kill us all and certain we'll have victory. amy: protesters are demanding a deeper investigation into accusations that president moice and other haitian top officials embezzled billions in proceeds from the venezezuelan subsidized oil plan petrokarib. haiti hasn't had a prime minister since july as the opposition rejected moise's pick. as of last week, a new round of votes was indefinitely postponed after a ruling party senator pulled out a gun and shot at protesters, injuring an a.p. photojournalist and a security guard. as a new round of protests threaten to paralyze port-au-prince today, moise who was elected in 2017 still refuses to step down. for more, we're joined by jacqueline charlesd caribbean correspondent at the "miami herald" and she has reported on haiti for over a decade and pulitzer prize finalist for her coverage of the 2010 haiti earthquake. jacqueline, welcome to democracy now!. it's great to have you with us. can you describe what is happening and what's behind fueling these protests and for you a number of deaths in the protests? jason: jacqueline: as you mentioned in the introduction, the economy is freefalling and the inflation right now is about 20%. the country actually has not had aa prime minister since march, although there are two individuals that have the title but neither one has b been confirmed through parliament. i mean, the economy is worsening and haitians are frustrated and there are these chronic fuel shortages. haiti's fuel b bill right now i about $130 million that they owe. and what we have b been seeing that every couple of weeks you can say there's no fuel or people can't get f fuel. you have these long lines of indidividuals stan