pain charles payne, let's deal with inflation.ain reasons we have inflation because congress and the president, deficit spent like never before in world history? >> yeah. that is the main reason. and that big stimulus package from last year almost two trillion, we had a powder keg, with federal reserve pumping money, and pumping money, in 2020, they shut the economy down we needed to help the society, when you tell people they can't go to work, government has to step in. but it got to a point we entered 2021. with the best household balance sheets on record. people's debt to disposable income was remarkable. a lot of money sloshing around, corporate balance sheets best they had been. then when president biden i guess to solidify his election, buy future votes, said, we still need more, never let a crises go to waste. so, they had this additional covid spending. here is the crazy thing, the money, where it went, paying people not to work. people making twice as much to sit home than to work. that started the wage price fire. that i

charles payne is with us. first to jeff flock who is live in philadelphia.d to find the most expensive gas for you, martha. i think we found it. $5.35 here at this station on the north side. pennsylvania is one of the states that has not joined that club of $5 on average. $4.98 for an average in pennsylvania. three states overnight did join the club. that would be maine, massachusetts and new jersey. that makes 13 states plus the district of columbia now selling gas for in excess of $5 a gallon on average. as you report, $4.91 is the national average right now. up a nickel overnight. 29 cents in the last weeks, 69 cents in the last month. can you believe it? this time last year we were at $3 a gallon. those that know about this stuff like charles payne say it's only going to get worse. listen. >> gasoline prices are going to continue to rise until we see a significant amount of demand take place to get the world's supply and demand back in balance. we're already seeing gasoline demand in the u.s. down about 2.5% compared to this time last year in response to

and contrary to what charles payne said there i'm friendly with charles and we have a good time togethernment spending was mostly concentrated in 2021. if your view is too much stimulus caused inflation, we're going to have the biggest drop in the deficit ever in the history of the united states, as all of those programs run off. so i think the fed is going to have a difficult spot to watch here. and it is important to emphasize this is happening in every country of the world. if in your mind you think it is some u.s. policy that is causing inflation, you really have to kind of explain why is there the highest inflation in 40 years all over the globe? >> bill: thank you for that. steve, where are we today and where are we going? >> we're in a recession right now unfortunately. it started probably in early june. you are seeing it in every indicator. i don't want to be a debbie downer here. i'm usually a happy warrior. we've lost $10 trillion in the stock market. manufacturing report and housing report that came out yesterday were really troublesome, big declines. you just see drying up of

here to tell us how it is going the host of making money on fox business charles payne.u always are looking out for our money right? but now we need you to break down for us how rent is going up so high and all of these land lord need us in pandemic giving us stellar deals and then they're punches us right in the face. >> you about, lawrence there's a whole lot of drivers for this. i would say probably one of the biggest drivers is the fact that a lot of folks can't afford a house home prices are up medium home is 350,000 most people can't get to 20% they needs down so they're captive they have to rent. right, so then on top of that you've got more people renting finally the millennials are moving out oldest are 40 years old. they're moving out and forming households so you've got the demand and then i have to tell you some of the place some of the cities, gentrification is one term you use for it but you have wealthiest coming in and my old neighborhood is just, you know -- it just i don't recognize it anymore. and people who have move in the have significantly more mon

charles payne, that's next. up to 8 weeks of relief with cytopoint.t more fun time, right max? yup. it's life-changing time. ♪ ♪ cytopoint is a long-lasting treatment for allergic dermatitis. just one injection given by your veterinarian can control allergic itch for 4-8 weeks. it's life-changing itch relief that brings back the fun in life, day after day. now's the time to ask your veterinarian for cytopoint. starting with ticktock went viral after she said she received e-mail with subject line congratulations. and inform her about a 2500 dollar rent increase and this user from maryland said she only had two weeks to find somewhere else to live after her landlord raised rent by 25% even in florida this 27-year-old had to move back in her parents after informed that her 1200 dollar rent would be increased by 900 dollars. they aren't alone some u.s. cities are seeing rent soar by more than 30% compared to last year. and that rent is rising four time faster than income according to one study. so who's to blame? here to tell us how it is going the host o

charles payne and steve forbes on set. >> john: south dakota republican senator, she said our present economic plan is working. what do you say? >> when i heard it all i could say was wow. unbelievable. think about this a little bit. south dakota right now, my family is here in this state, $604 more a month in living expenses than what they had when this president took office. those are real dollars for real families. i'm sorry, but his economic plans are not working. we know what the answer is, let's get back to actually allowing for job creation by the first place, an energy producing again in the united states rather than being a consumer from other countries. let's get inflation under control by allowing for the energy to flow into the marketplace. and bring the price of gasoline down, the price of diesel down. that's doable right now, and by the way, for these folks that think the economic plans are great when what they suggest to people is go get an electric car, i've got news for them, there are not a lot of them there and the electric grid could not handle that in the first pl

charles payne is in "focus." charles, you sat down moments ago before we started. we're in trouble. >> we are in a lot of trouble. larry laid it out pretty good because, you know, the experts, everyone thought maybe we would have peak inflation in december. then january, february, march, april, may. and it is persistent and won't go away. they created a monster, a beast. it is hard to -- >> harris: who created a beast. >> the federal reserve pumped a lot of money to our economy. that money doesn't get into regular folks' hands. helps mostly corporations. that last bit of cash that the biden administration put in, the 1.9 trillion paying people twice as much money to stay at home than to go to work. the stimulus checks, all that created an environment where we just went out and spent the hell out of it and created these problems. on the wage side what happened is, of course, if people can make more money staying at home than not going to work then you have a problem for businesses. what businesses have tried to do is raise wages. that's how we have the wage/price sp

now to charles payne. hey, charles. charles: neil, thank you very much. good afternoon, everyone, i'm charles payne this is "making money." breaking right now major indices climbed off the campus so far two twist amid worries recession, runaway inflation and constant drumbeats of collapse. why is the market singing a different tune than wall street chorus? we'll get into that. old news is bad news. target slammed over inventory news. dark clouds, they don't seem to go away. plus janet yellen grilled by congress on the white house response to raising inflation. loss of credibility, institutional credibility. a full turning. we'll talk about that. why meta may be the best value stock out there, meta a value stock. all that and much more on "making money." ♪. charles: you know, number one topic from main street to wall street. the debate whether or not recession is there wall street doesn't know. main street already convinced we're in it. in it very deeply. many think it will only get worse. "the economist" magazine taking up recession in it es current issue

neil: here is charles payne. hey, charles. charles: great to see you, my friend. good afternoon to everyone out there. i'm charles payne this is "making money." tension is so thick you can cut it with a knife. the street has come around to the fed hiking 75 basis points tomorrow. it is military equivalent of deaf -- defcon 1 or defcon 2. peter schiff is here. white house keeps maintaining we're in some historic economic boom. confidence and retirement, folks is free-falling. is your retirement slipping away. tweet me: @cvpayne. before you do anything rash, grab a pen. before businesses announce layoffs, it could be good for the stock and the company or it could be a sign management is just lousy. i will share my thoughts how you should look at that in your portfolio. all that and so much more on "making money." ♪. charles: as i said you can really feel it, right? we're at t-minus 2 to the big fed decision. military defense readiness conditions, they're known as defcon, right? five levels, five being normal, one is maximum readiness and immediate response. what def

to charles payne right now. charles: thank you, neil. thank you very much. good afternoon, everyone, i'm charles payne. this is "making money." breaking now, this feels like a day of introspection for investors. they are coming to grips with the reality of the moment and struggles for tomorrow. the federal reserve see as strong economy that has to be brought to its knees. they are vowing to blunt demand on consumer stops high expectations. who can ignore the cost of gasoline and food. should they be punished for it? the folly of going hat in hand to ask a pariah for help. inclusion of sweden and finland as russia talks about world war iii. we'll talk with. what happens when breakouts fail and support doesn't hold? it is always ugly. we'll go to chart school. this is one you don't want to miss. why president biden would do well to listen to jimmy carter. i will explain in in "my take" away. that and much more on "making money." ♪. charles: so the market continues to play "whack-a-mole" at rally attempts as each day seems to bring the same epiphany, hey, the e

charles payne to get you through all of that hey, charles. charles: try my best, my friend. thank you. good afternoon, i'm charles payne this is "making money." after a strong start to the session everything was dashed, right? more signs the economy is slowing down. as neil talking about the recession debate is raging. we have ed yardeni on manufacturing signals. we have sam did i by ahnky on housing boom that may be a bust. kristin bentz on the health of the consumer. the question whether this will help fight inflation. which know it won't. maybe it is an attempt to buy votes. the free money experiment that just won't quit with brian wesbury. also the world of crypto in serious turmoil. we have john denton on the legal hurdles and why it matters just more than crypto investors. it is about freedom. why i love the flying hotel that only has to land every few years. mankind's imagination gives us unlimited potential. my takeaway on that later in the show. all that and so much more on "making money". ♪. charles: so the scorched earth 2022 continues for the entire investing wor

the only one i know can buy that is charles payne. >> charles: i could get the car but can't afford to fuel it up. good piece of art, though. >> neil: beautiful. >> charles: good afternoon everyone. i'm charles payne. this is making money. stocks trying to rally into a three-day weekend which is normally good. today would be amazing. now it is getting a big assist from the dip in crude oil. despite the pain carnage, history suggests that one year from now this market could be up huge. we're going to separate investors and traders. what you need to know. plus the white house's next move on crude oil, looking at extreme options. drilling though is not on the menu. when it comes to inflation, president biden says it wasn't me. he's back to blaming covid for our economic malaise. do you believe it is all about covid this far along? tweet me. more bad news from the crypto world. is this contagion? what actually happened to bitcoin? i will ask naomi brockwell at 2:45. the word of the week, folks, i will explain in my take. to the market obviously under pressure out the gate today. it's becom

charles payne we've been through worse than that. we have a couple great guests as well. neil: excellent. charles: i'm charles payne. this is making money. the markets are closed to honor juneteenth. more importantly to prepare for tumultuous unforgiving environment really devouring everything. is there too much pessimism? what if i could tell you we could see a monsterous short squeeze any day now? greens are firing back and coal plants are many coming out of mothball. it is cautionary tale. will the white house listen. i have scott shell lady in on:25. is it time to be straight with the american public? i will ask don luskin at 2:35. all that and much more on "making money." >> all right. the markets are closed but golly, can you feel anticipation in the air, right? it is really high. the street is bracing maybe for more pain even though the current carnage is mounting in ways we've really seen and in some causes we've never seen before. only 1932 saw the took market, if the ended today it would be the 7th worst day in history 98% of the names were down in the close of t

charles payne, the host of "making money" on that fine network. charles, begin and end with you. of companies in. some at rite aid were trying to figure out the legality of what they provide in some of these states as the abortion crackdown maybe extends to them. but whether and they can or what they do for their workers. a lot of companies are trying to you know, thread that needle. what do you think? >> yeah, you're right. the ceo said they already had a plan in place and they were working on a plan. i've got the list in front of me. disney, netflix, square, amazon. these are the names that i would suspect. they've been working on plans. it's their right to want to do this for employees if they want to. i do worry though some of the comments from some ceos from smaller companies could cross a line where they alienate certain customers. you have to worry if companies say hey, i'm going to snatch my business out of these 26 states that go down this abortion route. that would be a big mistake. >> neil: you always hear this push for companies that want to be woke. it's night and da

neil: so sorry, charles payne, my staff went over, again -- charles: again. thanks a lot, have a great weekend. good afternoon, everyone, i'm charles payne. breaking right now, markets and elon musk feeling superbad, and we know it's not a note to james brown. we should feel good about today's to jobs report, it's exactly what they said they wanted. meanwhile, folks, president biden staying on message and essentially saying it wasn't me and, no, that's not an ode to shaggy. and what if i i told you america and blockchain share the same grand philosophy why elected officials should just embrace the revolution. plus i'm talking with the british baby formula maker which is about to hit our schells on what went wrong -- shelves, why it took so long and how do we make sure we never face this crisis again. all that and so much more on "making money." ♪ ♪ charles: you know, it's been a real interesting session. obviously, it's a very jittery market, probably doomed each before the economic data began to roll out because elon musk set the tone on reports he's feeling

to charles payne right now. hah, charles. charles: thank you, neil, my friend. good afternoon, i'm charles payne this is "making money." some days he is lex luthor and other days is a superman. looks like he stopped a powerful locomotive. how your portfolio should jay powell prove to be more than a mild-mannered fed official. president's superpowers are fingerpointing. latest ungags tax holiday. we'll bring you comments in a moment. question of the day. when you see the world's largest ship, free markets in action, conspicuous cone assumption of the west or millions of jobs lost. i'm interested what you have to say. tweet me: @cvpayne. we have a jam-packed powerful show on "making money. charles: all right. so markets swinging pretty nicely today. this is fed chair powell warns that there will be inflation surprises while the fed seeks to alleviate recessionary fears or recession fears. joining to me to discuss yardeni research president, ed yardeni. ed, your take on powell's comments. navigating the senate is difficult but do you feel the better about the possi

i'm charles payne. this is making money.ld be amazing. now it is getting a big assist from the dip in crude oil. despite the pain carnage, history suggests that one year from now this market could be up huge. we're going to separate investors and traders. what you need to know. plus the white house's next move on crude oil, looking at

let's go to charles payne take you through the next hour. charles: we have michael saylor, talk about someone who put it all along the line for bitcoin. he is one of our guests today. neil: wow, absolutely. charles: thank you, neil. i'm charles payne. this is "making money." it's alive, it es alive. stocks are in one of the worst drubbings in history. is this a head fake? i agree with individual investors the playing field is unfair. i will share an example with you that will make your head explode. nobody has more bitcoin swagger than michael saylor. it made him the target of the establishment and a whole lot of others. i will ask him what's next and should there be limits to his cheerleading. the housing boom, why some cities have not participated. why crime is one of the biggest economic stories of the day. deneen borelli is here to sound off. and much more on "making money." ♪. charles: well, it is the first day of summer. that is why i got on the seersucker but there is no doldrums in the market, right? on the contrary, stocks out of the

let's see if charles payne can keep the rally going. charles, to you my friend. charles: i'm up to the challenge, thank you, neil. i'm charles payne this is "making money." breaking right now, the once again the market came out of the gate like a roman candle, giving everyone hope. it all fizzled and drifted back to earth. look at this, we're getting more. the question when will it sparkle long enough to indicate the worse is over? everyone loves quality, right? that was the key. all experts say we love walt. unfortunately so far the performance hasn't matched the hype. should focus move from balance sheets? janet yellen is on fire. she might be persona non grata. i will ask danielle dimartino booth why so many great economists back the biden agenda. solar stocks are much higher. should you chase them? that and much more on "making money". charles: came out of the gate with a lot of gusto. i wonder if we already hit the bear market bottom and we just don't realize it yet. here's the thing. there is so much bear inness out there, especially with experts who contin

charles payne right now. charles: good afternoon, everyone, i'm charles payne. breaking right now, stocks are sinking bigtime amid plunger consumer sentiment. -- plunging consumer sentiment. inflation rocketed to its highest level since 1981. president biden pointing the blame at shipping companies for higher costs and, of course, vladimir putin. we're monitoring the speech. so far you've heard it all before. jim paulson, brian wesbury here to the break it down. the reopening trade, it's kaput, but what is out there for investorsesome get ready, take some notes on where you may want to put your money. and tiger woods reportedly turned down nearly a billion dollars to play on this new live tour. does it make him more appreciative, do you like him more as an athlete or less? tweet me your thoughts, tiger woods, one billion, cb payne. i'll be asking legendary lee tine berg all that and so much more on "making money." ♪ charles: well, you know, yesterday that late swoon, that big, late swelling swoon, it e kind of hinted at today's news. everyone knew food and energ

charles payne, whether they keep doing it. to you, my friend. charles: thanks a lot, neil. good afternoon, everyone, i'm charles payne. this is "making money." breaking now, there was early bottom-fishing. that went away quickly as tidal wave of anxiety hit investors. we're nervously awaiting the big inflation report. there are intriguing stocks out there. how to sift through the ashes with some of the most brilliant minds on the street. the oil gusher that will not stop at least anytime soon. i want to know is it too late to build more refineries? we have stephen schork on deck. congress, has bitcoin and crypto road map. senator cynthia lummis coauthored the bill. it could bring responsible innovation. she is on the show. new sec rules cross tape about hour 1/2 ago things went south. wall street says retail never had it better. i remind everyone, it's a cookbook. that and much more on "making money". ♪. charles: early on it was a seesaw session. nasdaq we have bottom fishers out there. even ignoring 10-year yield. combination of chinese tech looking intriguing. pandemic da

getting into it with charles payne.ike in a long time. edward lawrence has the report from the white house next. ♪♪ you were so good to me. you worked hard to save for my future. so now... i want to thank you. i started investing with vanguard to help take care of you, like you took care of me. te quiero, mamá. only at vanguard you're more than just an investor you're an owner. helping you take care of the ones you love. (mom allen) value of ownership. verizon just gave us all a brand new iphone 13. (dad allen) we've been customers for years. (dad brown) i thought new phones were for new customers? we got iphone 13s, too. switched to verizon two minutes ago. (mom brown) ours were busted and we still got a shiny new one. (boy brown) check it out! (dad allen) so, wait. everybody gets the same great deal? (mom allen) i think that's the point. (vo) now everyone can get a new iphone 13 on us on america's most reliable 5g network. (allen kid) can i have a phone? (vo) for every customer. current, new, everyone. to show the lov

neil: all right charles payne to take you through the next hour. charles: i'm digging the tide. that covers for two st. patricks day. neil: blame it on money. just work with me, my friend. charles: i'm trying thanks a lot good afternoon, everyone. i'm charles payne this is " making money" and breaking right now, the street trying to figure it all out, we're just, are we just in a bear market rally because we've been warned of that? there are signs that the something bigger and more positive is cooking under the hood, what it all means for your money plus the day has come for the fed. they are going to start winding down that balance sheet and all that liquidity. well, some of it will be sucked out of the system how that effects your portfolio, and the sec keeps saying they want to help to protect individual investors so what do they do? they produced a video that just dissed all retail investors while maybe serving us a commercial for establishment wall street, i'll go into that and so much more on "making money." all right, so the market came out of the gate with gusto, but was

time for charles payne to take this market and turn it around. charles. charles: trying to work my imagine jake, david. thank you so much, my friend. good afternoon, everyone, i'm charles payne this is "making money." so after the big beer bounce the market trading a pretty narrow range. lots of questions, recession, inflation. what about the earnings picture? it all comes down to the fed. we have your road map ahead. whip inflation, you remember that old '70s theme. it is back but is it all folly? jim bianco not buying it. he will be here. why ignoring what is important to main street is how main street media keeps us divided as a nation. the new meme stock frenzy report. turns out to be about 138 pages of disappointment. my take on what retail investors should be demanding right now. all that and so much more on "making money." ♪. charles: all right. so we begin the week, let's call it cautious optimism, right? after that classic bear market bounce last week, the move i don't know slight shifts of opinions on the fed, maybe their ability to engineer a s

see what charles payne can do. charles: there will be a nibbling before the close but you're right there is a lot of anxiety out there. good afternoon, i'm charles payne, this is "making money." breaking now, wall street is on pins and needles. main street, they're clip coupons and using less electricity. many people are frightened and upset. what should investors do ahead of tomorrow's inflation scorecard. record tax revenue but is the government steal are your money through inflation? mike lee sound the off. the on nip tent fed with the fate of supreme court. i think it is a smart move if you plan to be in this market more than five minutes. all that and much more on "making money." ♪ charles: all right. stocks getting scuffed up again today. you know, the session felt doomed even before the opening trade, right? this as the cpi report looms like the sword of damocles. market a anxious, everyone is vulnerable. beyond inflation and recession worries many on the street say we need more things, a washout. say earning

charles payne has a lot on his plate for the next show. he always does. no one hits it out of the park like him. here's charles to make sense of this crazy world. >> charles: i will try. thank you very much. good afternoon. i'm charles payne. this is making money. breaking right now, stocks, we have a strong bounce going. the question is can this become a monster rally, or maybe something more? investors are continuing to get aggressive, maybe even more aggressive, but there are some lurking signs we must pay attention to. we will break it all down. my take away, you want me to talk about it? i can't wait. wall street wants the retail investor to capitulate, sell even at these levels. the market is ignoring the protests after the supreme court strikes down roe versus wade, but this is a huge story, for many reasons, including states and businesses. they will have to figure some things out. we have senator marsha blackburn to share her thoughts, at 2:35. you know what inflation is. here's the question, should we have inflation or a recession? that's the tug

charles payne is here now. hey, charles. >> do my best, that's for sure, neil. thanks very much, my friend. i'm charles payne. this is making money. stocks are back in freefall mode after a slew of economic data suggest the economy might already be in recession. investors are crouched bracing for a hard landing. we'll tell you how to make sure your portfolio survives impact. how did powell get so behind the curve? feels like james bullard is the fed defacto leader. larry kudlow with choice words. president biden continuing attacks on oil industry. south carolina senator tim scott takes on the dangers of the white house blame game. my take on why our fertility rate is a white flag to surrender to future prosperity. that that and more on "making money." >> market taking it on the chin after the fed announced the biggest rate hike in almost 28 years. the move though has a lot of folks wondering about so-called soft landing. joining me now, laffer-tengler cio, nancy tengler. nancy, to me powell seemed unsure of himself a little bit here yesterday. remember he said 7

charles payne over to you. stuart: thank you so much, jackie. good afternoon, everyone, i'm charles payne this is "making money." breaking right now stocks plunging as inflation, record low consumer sentiment continues to rattle the markets but the real loss of faith may be in people in charge and maybe this is what capitulation is all about. we've been warned so is this it? of course your portfolio is underwater. you will need to pay extra close attention. we'll go to chart school for the downside risk from here. my market pros are weighing in throughout the hour so be ready. revolution may not be televised so will it happen? bitcoin plummets. how does defy survive? are you still buying bitcoin and other cryptos? that is what i want to know. tweet me: @cvpayne. is the revolution still alive? ♪. stuart: there she blows. the market getting slammed on waves of concern, inflation, recession, stagflation. the market reflects the malaise of the nation that has seen consumer sentiment tumble to the lowest ever recorded. there is sense of incandescent

charles payne, a hit show on fox business.iews of the queen after getting reports that she's pulling out of the jubilee service because the service lighting ceremony that you've been hearing a great deal about is happening right now. maybe we can pick up some audio of this. let's listen. >> your majesty, the commonwealth of nations. ♪♪ ♪♪ >> neil: we're continuing to monitor this in london, this is the beacon lighting, the tree of trees lighting that's going on around the entire country here. the britts look back at the 70 years that the queen has been in power. longer than any monarch on earth no matter where they're from in history. let's get the charlie langston on this of the dailymail.com. charlie, these events are remarkable to watch. i think the britts just have pomp and ceremony down. also impact down. when you think of the queen, what she's been physically going through, wanting to curtail activities as some were curtailed in the past, she's remarkably resilient. what can you tell us? >> i mean, this is a 96-year-old

to charles payne, the dow up 120 points, stay with us.h, you brought your luggage to the airport. that's adorable. with shipgo shipping your luggage before you fly you'll never have to wait around here again. like ever. that can't be comfortable though. shipgo.com the smart, fast, easy way to travel. [whistling] . . s can be an important part of your portfolio. hennion & walsh has specialized in fixed income and growth solutions for 30 years, and offers high-quality municipal bonds from across the country. they provide the potential for regular income... are federally tax-free... and have historically low risk. call today to request your free bond guide. 1-800-763-2763. that's 1-800-763-2763. neil: all right. i leave you with the dow up 132 points. we're talking to chris scalia, son of antonin scalia about the remaining four decisions due out tomorrow. one could be a market mover, what to do with migrants in mexico. we want to keep them in mexico a decision that reverses that, that could be a market moving event. we'll simply have to see.

charles payne sounds off on that.rst, title ix is turning 50, and many say it gives women the equal playing field is under attack. new protections for transgender students. mike emmanuel joins us now, from washington. mike. >> mike: biden administration is trying to extend title ix for sexual orientation and identity. and chelsea mitchell says she was the fastest high school girl in connecticut but transgender athletes made it an unfair fight. >> when i race against a woman, despite the outcome of the race i know it was fair and i gave it my best and i had the same opportunity as them in the race. when i race against a male body athlete, i have no shot to win and all of my hard work is pretty much pointless because they have an advantage that i can't overcome. >> mike: some have suggested a fair way is three categories of competition, male, female, and transgender. i asked chelsea's attorney about that. >> we think there's a place for everyone in sports. the question, where is it most fair to compete, and what we can'

charles payne, we brought him in because he says president biden deliberately wanted gas prices to gobama wanted them to go higher. he gave a speech, some sort of speech to the san francisco chronicle and said certain costs necessarily go higher. the word was necessarily. they must go higher to change the way we think, to change consumer behavior. they want to fundamentally change america. what is interesting, we frame it around economics. we are a capitalist society, you've got to frame everything. what they try to do is put the veneer of economics in and it doesn't work. they don't care what is happening with the middle class except they are getting hurt and maybe you will reconsider. how many speeches, maybe time for in ev. i heard i didn't care about the gas, i drove past it in my ev. are you kidding be? stuart: they must realize the political problems. charles: i think they underestimate it. they probably thought when i am elected president i'm giving the mandate. i told you i am going to get rid of fossil fuels. i'm doing that for you. the political -- now they are grappling wit

now to charles payne. hey, charles. charles: neil, thank you very much.s climbed off the campus so far two twist amid worries recession, runaway inflation and constant drumbeats of collapse. why is the market singing a different tune than wall street chorus? we'll get into that. old news is bad news. target slammed over inventory news. dark clouds, they don't seem to go away. plus janet yellen grilled by congress on the white house response to raising inflation. loss of credibility,

see what charles payne can do. anxiety out there. good afternoon, i'm charles payne, this is "making money." breaking now, wall street is on pins and needles. main street, they're clip coupons and using less electricity. many people are frightened and upset. what should investors do ahead of tomorrow's inflation scorecard. record tax revenue but is the

to charles payne right now. hah, charles. charles: thank you, neil, my friend.rman. looks like he stopped a powerful locomotive. how your portfolio should jay powell prove to be more than a mild-mannered fed official. president's

charles payne to get you through all of that hey, charles. charles: try my best, my friend.ng start to the session everything was dashed, right? more signs the economy is slowing down. as neil talking about the recession debate is raging. we have ed yardeni on manufacturing signals. we have sam did i by ahnky on housing boom that may be a bust. kristin bentz on the health of the consumer. the question whether this will help fight inflation. which know it won't. maybe it is an attempt to buy votes. the free money experiment

ion energy: mongolia's premier battery metals explorer neil: here is charles payne. hey, charles.money." tension is so thick you can cut it with a knife. the street has come around to the fed hiking 75 basis points tomorrow. it is military equivalent of deaf -- defcon 1 or defcon 2. peter schiff is here. white house keeps maintaining we're in some historic economic boom. confidence and retirement, folks is free-falling. is your retirement slipping

learn more at viking.com neil: all right charles payne to take you through the next hour. rying thanks a lot good afternoon, everyone. i'm charles payne this is " making money" and breaking right now, the street trying to figure it all out, we're just, are we just in a bear market rally because we've been warned of that? there are signs that the something bigger and more positive is cooking under the hood, what it all means for your money plus the day has come for the fed. they are going to start winding down that balance sheet and all that liquidity. well, some of

charles payne, whether they keep doing it. to you, my friend. charles: thanks a lot, neil.. that went away quickly as tidal wave of anxiety hit investors. we're nervously awaiting the big inflation report. there are intriguing stocks out there. how to sift through the ashes with some of the most brilliant minds on the street. the oil gusher that will not stop at least anytime soon. i want to know is it too late to build more refineries? we have stephen schork on deck. congress, hasin

time for charles payne to take this market and turn it around. charles.oon, everyone, i'm charles payne this is "making money." so after the big beer bounce the market trading a pretty narrow range. lots of questions, recession, inflation. what about the earnings picture? it all comes down to the fed. we have your road map ahead. whip inflation, you remember that old '70s theme. it is back but is it all folly? jim bianco not buying it. he will be here. why ignoring what is important to main street is how main streia

charles payne right now. charles: good afternoon, everyone, i'm charles payne.d plunger consumer sentiment. -- plunging consumer sentiment. inflation rocketed to its highest level since 1981. president biden pointing the blame at shipping companies for higher costs and, of course, vladimir putin. we're monitoring the speech. so far you've heard it all before. jim paulson, brian wesbury here to the break it down. the reopening trade, it's kaput, but what is out there for

president biden insisting recession is not inevitable and closed the claims cause inflation bizarr charles payne keane assesss the global threat trying to verify photo showing two americans captured and geraldo rivera, the weekend crew is here, will cain, rachel campos-duffy and pete hegseth in that order. don't miss gavin mcgraw, he has a lot to say and sing about, jam-packed show today, i hope we get it all in. keep your fingers crossed. ♪♪ you inspired the lexus es to be, well... more you. so thank you. we hope you like your work. ♪♪ . . >> carley: border patrol agents capturing 15 suspects on the fbi's terror watch list just in may. >> ashley: that number equallies the more 2021 agents found 2017 to 2020 combined. fox news contributor lara trump joins us now. i want to read this as far as from the national security fellow on the terror watch list, it says the big worry is the chaos down there when you have these kinds of people coming to the border. you have a assume that some of them got in and those numbers that we saw in 202020193, 2020. people look at 15 it's not that many. it goes to sh

charles payne is here now. hey, charles. >> do my best, that's for sure, neil.ey. stocks are back in freefall mode after a slew of economic data suggest the economy might already be in recession. investors are crouched bracing for a hard landing. we'll tell you how to make sure your portfolio survives impact. how did powell get so behind the curve? feels like james bullard is the fed defacto leader. larry kudlow with choice words. president biden continuing

neil: so sorry, charles payne, my staff went over, again -- charles: again.ight now, markets and elon musk feeling superbad, and we know it's not a note to james brown. we should feel good about today's to jobs report, it's exactly what they said they wanted. meanwhile, folks, president biden staying on message and essentially saying it wasn't me and, no, that's not an ode to

host of making money, charles payne. you may recognize him from caring rob sanders luggage. actor, and no dear, finally, sh is like a shell casing, tiny, brassy, and often find at crime scenes, fox news contributor, kat timpf. charles, welcome to the show. fuchsia or purple ties frisky when it comes to color they invent new ones all the time, i don't know. it's in the purple family i guess. >> apparently we should have called earlier and work this thing out freight i feel like and may be among cute as i have been wrong in the past rarely. i feel like there's an implicit agreement between politicians, people of power and perpetrator freight you keep it to yourself and your neck of the woods and we will look the other way. in chicago, as long as you stat in this site, and you don't com over here, we're going to eventually let it go. in my crazy? >> no, you're not crazy bright and chicago, some people say on of the reasons it's even got worse is because of gentrification of the black neighborhoods have gotten smaller or the hispanic neighborhoods so the turf wars are more intens

let's go to charles payne take you through the next hour. he is one of our guests today. neil: wow, absolutely. charles: thank you, neil. i'm charles payne. this is "making money." it's alive, it es alive. stocks are in one of the worst drubbings in history. is this a head fake? i agree with individual investors the playing field is unfair. i will share an example with you that will make your head explode. nobody has more bitcoin

i'm charles payne and this is making the money. we are climbing off of lows, quietly improving. they are not going to ring a bell when we get to the bottom. long-term portfolio, when experts say it sells but history says you should be buying low and america's small businesses, 250,000 jobs this year, i am blaming free money at higher minimum wage. there is scuttlebutt that president biden is rate to meet with the crown prince of saudi arabia. elon musk says get back to work, he means at work. that and more on making money. ♪♪ neil: you like that? in honor of jamie diamond. we've got a csr session as we are trying to build. for the third consecutive day buyers have emerged. the problem is the market has taken it on the chin, taking on the rocky balboa persona. all the major indices rocketed out of the gate, then crumbled in a heap. markets got hit with stronger-than-expected ism numbers and the haymaker came from jamie diamond with his comments to brace for an economic hurricane. the reaction was too harsh in my opinion. how often do we see a 2% intraday move to the downside on w

stuart: i want to hear more about this so i'll be watching you on "making money" with charles payne, ut tesla. lauren: kellyanne it is today 1.5% but obviously its taken a hit since elon musk's twitter proposal but we do have positive catalysts on the way for tesla, shanghai reopening their ai day coming up in september, and i love this story. so, people who have gotten the new ford f-150 lightning say it comes with an adopter that can charge a tesla. stuart: oh, really? lauren: yeah take that, help arrival when in need. stuart: yeah, and ford is at 13.51 a share. lululemon are they up or down? lauren: up, they got an upgrade by bernstein the market performed $300 price target a little bit lower than they are at now but they see room for international improvement and expansion of their men's department. stuart: jetblue, and frontier, what's the story? lauren: jetblue has now sweeten ed their bid, for spirit ahead of spirit shareholders voting on this merger, voting with frontier, jetblue raised cash offer to 31.50 a share and increased the breakup fee to $350 million should the deal f