mark: welcome back charles payne. government spends and borrows more money that weakenings value of the dollar. i didn't learn properly because i know from joe biden that more you spend the more you borrow and more money you print they are fighting inflation. now look. i know he is illiterate in many ways, is he so economic illega illiterate that he really believes it or ideology. >> this is ideology they believe in, there is a theory. a bunch of different economic theories they come together modern monitor theory. central is that government controls the printing press. why should anyone not have money? why should imn anyone be poor. the government could just print up the money and hand it out. you get back to economics 101,y know that too much of something devalues it their thinking is not in this case, it is okay it will work out. and what happened if you remember back to the obama administration in great financial crisis, number one issue for all americans then look at old gallup polls, was the economy. then what w

consumption and accelerate true energy independence by moving to clean energy economy. >> martha: charles payneof making money on fox bus. charles, great to see you. thanks for being here. she side-stepped the issue of whether or not putin is the one behind this potential sabotage, which i know was a concern in a lot of the markets today. is this a sign that he's escalating all of this? she went straight to green energy out of that question. let's go to the heart of the issue here. what are you hearing about what is behind these explosions? >> like you said, denmark energy, the minister said it's not an accident. there was a blast. the danish prime minister said it was deliberate. same words echoed by norway. so all of these countries are more or less saying this was sabotage. this was a deliberate act. then you have to ask yourself why. nord stream 1 and 2, two never came online. of course, that was -- talking about doing business. we were begging them, the trump administration, set up the liquefied natural gas facilities. we have cheap natural gas here. the cheap nest the world. we put it on

charles payne from the fox business family side is with me in "focus" next. hey, charles. i'm jonathan lawson here to tell you about life insurance through the colonial penn program. if you're age 50 to 85, and looking to buy life insurance on a fixed budget, remember the three ps. the three what? the three ps? what are the three ps? the three ps of life insurance on a fixed budget are price, price, and price. a price you can afford, a price that can't increase, and a price that fits your budget. i'm 54 and was a smoker, but quit. what's my price? you can get coverage for $9.95 a month. i'm 65, retired, and take medications. what's my price? also $9.95 a month. i just turned 80 and i'm on a fixed income. what's my price? $9.95 a month for you too. if you're age 50 to 85, call now about the #1 most popular whole life insurance plan available through the colonial penn program. it has an affordable rate starting at $9.95 a month. that's less than 35 cents a day. you cannot be turned down because of your health. no medical exam, no health questions. your acceptance is guarante

neil: charles payne, so sorry, melinda, my executive producer back from italy. she can't time a show. she went over. i apologize. charles: i would still be in italian time too. neil: you got it. charles: good afternoon, i'm charles payne. this is "making money." the market struggling for direction here, really trying to decide, especially nasdaq, get this, it was 1.8% at the open. rallied 1.7%, dropped another percentage point. how do you deal with this volatility and remain sane? should you be hiding out with defensive stocks? you should note, they're very, very expensive. over the next hour my market pros help you deal with what promises to be a really wild month of september. is reading charts nothing more than reading a horoscope. that is what economist magazine is saying. technicians are fired up, including ian mcmillan is here to explain. apple is adding giant. their latest mack developpian move has their competitors gassing. the dumb moves we're making in name of green utopia is making our live harder and does nothing for the climate. all that and more on

charles payne ladies and gentlemen, charles payne.ha >> martha: you know i think that guys love to be funny and they love it when you laugh at their jokes but my rule is i never laugh if it's not funny. but then if it's funny my husband knows that i thought it was really funny and he loves that. but you never fake anything. never fake anything in relationships. >> greg: it's like you don't pay for the milk if the cow's free >> martha: that is about a different thing. >> greg: no, but it's like laughter, it's like you are very careful with, you're appreciates with your laughter which makes it more valuable >> martha: there you go. >> greg: who's laughing now? >> matt: did he land that plane? i'm not sure. >> tyrus: i jumped out. >> greg: i don't know. i thought it made sense in my brain. okay, don't go away, we'll be right back. i may be close to retirement but i'm as busy as ever. and thanks to voya, i'm confident about my future. voya provides guidance for the right investments. they make me feel like i've got it all under control. v

charles payne right now. charles: what is britannica? never heard of that. i loved is that. neil: i loved them all. charles: i am charles payne, this is making money. investors woke up asking where is the love? the fed has directly economy, people get paid a lot of money not to work. after toying with they're way too many emergency spending bills they have to front run. by the way they have a lot of pain in their portfolios. as far as you're concerned, the only thing that will mitigate your pain is knowledge, folks. patience and smart decisions, now, with daring choices right around the corner. here is the goodews. great news in fact. i have an amazing line up to help you navigate the storm. bob doll, kenny policari, mitch roschelle. my take getting played once again by the people supposed to be taking care of us. while the russians take to the street to protest their leader vladmir putin is ratcheting up a conventional war, really his aim might be to win the economic war. i will ask rebecca heinrichs and alfonso about that. jamie dimon slamming crypto. he calls it a ponzi s

charles payne. great to see you. >> too bad we all can't go sailing but we'll fight through it. offerson reference. will: thank you, charles. up next houses swept away by hurricane fiona as florida braces for tropical storm ian. the latest forecast showing ian could reach category 4 strength ahead after that, we check back in with joey jones at the tunnel to towers 5k. his reunion with a very special gold star family coming up next. ♪. attacks. u rise to the challenge. u won't clock out. so u bring ubrelvy. it can quickly stop migraine in its tracks within 2 hours... ...without worrying if it's too late or where you are. unlike older medicines, ubrelvy is a pill that directly blocks a protein believed to be a cause of migraine. do not take with strong cyp3a4 inhibitors. most common side effects were nausea and tiredness. migraine pain relief starts with u. learn how abbvie could help you save. ask about ubrelvy, the anytime, anywhere migraine medicine. hi, i'm eileen. i live in vancouver, washington and i write mystery novels. dogs have been such an important part of my life. i h

here's charles payne. charles: thank you s&p very much, my friend. charles payne. this is "making money," and breaking right now, stocks are under a tremendous amount of pressure, this as the market recoils from a strong initial jobless claims, and investors are starting to fret about that bank of england move yesterday. what was the motivation for that emergency angst? -- action? ken poll carry is here to way -- kevin poll car erie is here to way in on that. and the 10-year yield is at 4%. could that be a blowoff top?

to charles payne to help you. charles. charles: neil, fear of the fed is real.l the folks in florida. thank you so much, neil. good afternoon, everyone, i'm charles payne, breaking right now. another head fake and more of it as fed is afraid of the fed. powell and company should not take it as compliment. jawboning is working, working maybe more the wrong reasons. this begs the question is jerome powell really for the common man? how much should we fed is for main street when they were created to serve big banks? ralph bostick says the

the gains, almost 400 points for the dow any know one guy who can do it, pull it off with ease, charles payne. charles: they call me charles atlas payne, i will try, neil. good afternoon, i'm charles payne, and this is "making money." breaking right now a rally attempt that is actually holding up. after major decline, major indices is making a stand with unlikely as sis from a fed. how to with you are portfolio to weather the storm. they will turn despite all the gloom and doom you constantly here. i always say financial tv is the one of the worst things that happened to the stock market. tweet me @cvpayne. common sense remedies through the man-made energy crisis. don luskin will weigh in at 2:35. it is back to school but parents giving our k-12 educational system a failing grade. i will ask senator roger marshall what can be done. my take on the age of discontent, despair, and now time to man up to help those truly in need. all that and so much more on "making money." ♪. charles: all right, so the market you know, listen, it's been struggling ever since this last jackson hole street. the fed

here is charles payne. tly what jay powell wants to see. neil: i think you're right. >> i don't know part of the job description is being a sadomasochist. thanks a lot, neil. good afternoon, i'm charles payne, this is make being money. it is reaching a fever pitch, sending stocks way down, bond yields way up in fact to levels we haven't seen in years. we know 75s basis point, that is a given what will jay powell 3.0 say? what will his resolve be wit

charles payne right now. charles: what is britannica? never heard of that. i loved is that.ne, this is making money. investors woke up asking where is the love? the fed has directly economy, people get paid a lot of money not to work. after toying with they're way too many emergency spending bills they have to front run.

we still might get it after yesterday's drowning but i think charles payne can handle that. -- drubbingoo good. i'm charles payne. this is "making money." say the market is meandering after yesterday's drubbing. also for policymakers including how to stop wage driven inflation when wages are not keeping up with inflation. that is gordian knot. before you check it all you need to know what history says the market could be one year from now. president biden is in detroit touting evs today. with billions and tens of

charles payne continues. charles. charles: neil, thank you very much, my friend.eryone, i'm charles payne this is "making money." the moment you've been waiting for, investors anxiously await the fed decision more importantly jay powell's press conference. while the street expects another 75 basis points it will be an update on their summary of economic projections that will tell us a lot. powell laid it on thick at jackson hole. wilt he give us a glimmer of hope for those looking fora pivot or will he be upset the market is strong? i have a powerful line up. i have a strong line up. today's theme is john steinbeck classic "of mice and men." p.o.w. not only powerful person making news today. vladmir putin taking sabre-rattling to a whole new level and president guide speaking at the u.n. it's a huge day. i want to go to straight to edward lawrence live at federal reserve. reporter: so the federal reserve raised interest rates 3/4 of a percentage point this will be the third time in a row that happened from the federal reserve from a fed chairman likes to go 25 bas

here is charles payne. charles: unfortunately someone said this is exactly what jay powell wants to see. neil: i think you're right. >> i don't know part of the job description is being a sadomasochist. thanks a lot, neil. good afternoon, i'm charles payne, this is make being money. it is reaching a fever pitch, sending stocks way down, bond yields way up in fact to levels we haven't seen in years. we know 75s basis point, that is a given what will jay powell 3.0 say? what will his resolve be with respect to erasing inflation? who much damage will his no more mr. nice guy routine cause? jpmorgan saying we're near a bottom. my market watchers throughout the hour will with thoughtful conversations and more importantly strategies. get ready for a special chart school. legendary investor larry williams, the man turned 10 grand into a million bucks in one year. he is here with his thoughts and helpful investment suggestions. despite the president biden's efforts to paint maga republican s are dangerous, a new pol

i vest the only thing that can ruin it is charles payne. i handed him a triple digit advance. , america. don't feel any pressure, charles but have it. charles: my best, i have the stick um on. you remember the stick um in the nfl we need it. i'm charles payne this is "making money." the bank of england blinks, the first central bank to panic amidst attempts to stop inflation around the world. it is scorched earth for powell and company. i have jack ablin. he will help us sort that out. as rumors swirl janet yellen could be out of a job. the author of empathy economics

neil: all right, i'm going to blame charles payne for this one because we're down almost 300 points, y for it. we turn around, however, that's on me. to you, charles. charles: neil, you'd make a great president, that's all i can tell you. [laughter] good afternoon, everyone. i'm charles payne, this is "making money." breaking right now, well, first they cheered and now they're jeering. the jobs report a reminder while there are some cracks in the armor, there's still a long ways to go to make the fed happy, and to paraphrase jay powell, that meanses lots and lots of pain. plus, the new tony stark? eric finman first made headlines as a teen millionaire. i'm going to ask, why is

charles payne to take you through all of that. charles: neil, i tell you i dig those specs.u, my friend. charles: i don't even know where you got it them from. good afternoon, i'm charles payne. this is "making money." right now the market under pressure for most of the session but listen there, is a avalanche of data, we're combing through it. the bias has been to the downside. i will tell you something i actually see a few things we can get a big pop in tomorrow's session. i can't wait to talk to our experts about it, most are on the cautious side righ

neil: all right, i really dug a deep, deep hole for charles payne. let's see if he can dig out. thou though, neil, i have a whole weekend. good afternoon, everyone i'm charles payne this is "making money" and breaking right now global markets dodge as inflation battles and recession realities have created a toxic both for fear, but fundamentalists are making big time adjustments based on demand , also, how do you model for higher rates, right? they're going to be higher for longer meanwhile technicians are watching for a critical support points hoping that the they hold. so far she are believe it or not. i have the best in the business folks to help you through the day, jim

here's charles payne. charles: thank you s&p very much, my friend. good afternoon, everyone, i'm charles payne. this is "making money," and breaking right now, stocks are under a tremendous amount of pressure, this as the market recoils from a strong initial jobless claims, and investors are starting to fret about that bank of england move yesterday. what was the motivation for that emergency angst? -- action? ken poll carry is here to way -- kevin poll car erie is here to way in on that. and the 10-year yield is at 4%. could that be a blowoff top? plus, everyone talks about the vix, but what does it mean and how does it really help investors? we're going to clear it all up for you with a very special chart school. katie stockton is in the house. and how to avoid worst of pride and ego. i'm talking about a coming to jesus moment, folks. all that in my takeaway. all that and so much more on "making money." ♪ ♪ charles: so the market got slammed this morning after that better than expected initial jobless claims report and growing concern that the move

we have two business stars here, charles payne and kennedy.agging rights. this is very important, guys. >> nervous, nervous. >> take that. >> the category, tribal warfare. this billionaire lost his patients with senator liz warren soak the rich campaign and openly telling her go screw herself. who is it? mark cuban or elon musk? you're going with cuban and you're going with musk. who is it? >> the idea just soak the rich, billionaire tears that sell that cup, screw you, elizabeth warren. you're everything wrong with politics. >> so he won't be running as a democrat. okay. >> all right. payne, that's not a good start for you. you should have known that one. here's the category, life is hard. the question which cnn star claims he's involved in a show's research and rejects the notion that he's just a "pretty face". saying i feel it makes it seem like i don't do anything all day and sitting around for the come ragaini to turn on. don lemon or anderson cooper? wow. cooper, lemon. who do we got? >> good evening, i'm anderson cooper. thank you very

charles payne host of making money on fox business joining me now.markets today have been in the red. you might have guessed this. add we known how bad and stubborn inflation. i had senator joe manchin. he had an opportunity along with kyrsten sinema to not vote yes for that lie of a name inflation reduction act. it is not going to reduce inflation. by the way, would it ever? well, it might hit a flat situation by 2031 according to penn wharton, one of the very models manchin looks at and whomever on capitol hill. look at the numbers. charles, what does this mean today for people? >> those numbers are the sobering reality. this is not a short term problem. it's interesting because on wall street we've been guessing that all right, inflation would peak. you heard it in january, february and march. here is the problem. it is not the federal reserve. they have to do what they've got to do. this is about free money backfiring. that's all this is about. you have had a political theme that has been in existence since the late 1800s, capitalism, how to cont

i think charles payne can fix this. charles: thank you, my friend. i'm charles payne.esistance is futile. bonds keep soaring fed officials keep talking. downside momentum has become a tidal wave. when does it stop, how do you survive, ultimately how do you find a way to make money once the dust settles? i will ask my market experts on the show. what is

i think charles payne can fix this. charles: thank you, my friend. i'm charles payne. this is "making money." resistance is futile. bonds keep soaring fed officials keep talking. downside momentum has become a tidal wave. when does it stop, how do you survive, ultimately how do you find a way to make money once the dust settles? i will ask my market experts on the show. what is the checklist for the market bottom. businesses say we've entered in alice in wonderland. i will ask brian wesbury is there any chance the fed won't go too far. owning a home is becoming a group effort. economic realities on main street. hadley heath manning. i'm saying what happened in italy is rejection of globalism. sven hendrich is here in later in the hour. my take wayaway of ununited revolt. citizens around the world are up in arms. they're making moving only if they were united. all that and so much more on "making money." ♪. charles: so today could have been a very pivotal session for the market. remember the s&p closed just, less than a percent from the june low on friday. many thought

to charles payne to help you. charles. charles: neil, fear of the fed is real. wishes go out to all the folks in florida. thank you so much, neil. good afternoon, everyone, i'm charles payne, breaking right now. another head fake and more of it as fed is afraid of the fed. powell and company should not take it as compliment. jawboning is working, working maybe more the wrong reasons. this begs the question is jerome powell really for the common man? how much should we fed is for main street when they were created to serve big banks? ralph bostick says the central bank has not lost credibility with the public. tweet me your thoughts, do you agree or disagree. should the fed be abolished? tweetee @cv page. i will share your replies at the end of the show. oil at nine-month low. tracy shuchart tells us where she sees it next. have you ever want to be a venture capitalist. we have the arc fund on the show to discuss a new venture. all that and more on "making money". ♪. charles: got to tell you asking, the stock market carnage to me is the most underreported story i

we still might get it after yesterday's drowning but i think charles payne can handle that. -- drubbing. charles: i hope no more routs. this ain't looking too good. i'm charles payne. this is "making money." say the market is meandering after yesterday's drubbing. also for policymakers including how to stop wage driven inflation when wages are not keeping up with inflation. that is gordian knot. before you check it all you need to know what history says the market could be one year from now. president biden is in detroit touting evs today. with billions and tens of billions of dollars pouring into that industry there will be winners and losers. luckily for all of us we have research legend can't ives. dan ives. are we on the cusp of a depression. you heard me right. releasing emergency oil before elections. my take on president biden ignoring the stock market but he cannot ignore where the economy is heading. all that and so much more on "making money". ♪. charles: all right. it is tough, right? market trying to regain its footing after getting walloped. yesterday's session actually wed

charles payne to take you through all of that. charles: neil, i tell you i dig those specs.inal anice thing about my glasses. thank you, my friend. charles: i don't even know where you got it them from. good afternoon, i'm charles payne. this is "making money." right now the market under pressure for most of the session but listen there, is a avalanche of data, we're combing through it. the bias has been to the downside. i will tell you something i actually see a few things we can get a big pop in tomorrow's session. i can't wait to talk to our experts about it, most are on the cautious side right now. meanwhile retail investors bought the dip, they bought it big time. while the pros stayed in their foxhole. the big question who will get the glory in the end jerome powell keeps channeling inner paul volcker. some are taking shots at volcker myth. i have an expert to set the record straight. sheila bair is weighing in at it it -- 2:25. the world happiness report is out. where america is may smoke you. we're on the cusp ruining a good thing. all that and more on "making money.

neil: let me go to my buddy charles payne. to see what he can cook up in the next hour. charles? charles: i feel like an alchemist. thanks, neil. i'm charles payne, this is "making money." breaking right now the summer rally is fading fast and the bears are pouncing. i warranted you yesterday to brace for a fall. keep fighting. fortune favors the bold. there is market. you've got to be smart. my market makers will share what portfolio moves you need to make now. companies announce layoffs and initial jobless claims falling like a rock. what we might expect from tomorrow's jobs report. plus we'll go back to fundamental school. why lots of cash isn't enough to make a stock great. mitch mitch roschelle will break that down. president biden says he will address the soul of the nation. my take on why this is the could be the final hopes of unifying america. all that and more on "making money." charles: these days the stock market feels like the roman coliseum. you know, no matter how much the fight valiant is at the beginning we know how the fight goes. one of the key features is the

i vest the only thing that can ruin it is charles payne. i handed him a triple digit advance. only he can torpedo this, america. don't feel any pressure, charles but have it. charles: my best, i have the stick um on. you remember the stick um in the nfl we need it. i'm charles payne this is "making money." the bank of england blinks, the first central bank to panic amidst attempts to stop inflation around the world. it is scorched earth for powell and company. i have jack ablin. he will help us sort that out. as rumors swirl janet yellen could be out of a job. the author of empathy economics tells us why. apple says never mind. could this be the latest domino to fall? if so would that mean the end of the bear market if i will ask gary kaltbaum. empathy is dropping air of superiority, nudging the ones you love. all that and so much more on "making money". ♪. charles: this morning did it all, folks this is a statement from the bang of england. they looked around, right? the yields were spiking the same way ours are. they started to connect the dots, they said you know what? time

good afternoon, everyone, i'm charles payne. this is making money. inflation combing in much hotter than expected. not that is was up 8.3% from a year ago but all the signs it was supposed to abbey nine report. it is shocking the street. all the major indices are getting hammered. should you be panicking. i have major guests i know please listen to what they have to say first. nancy tengler starts off. i will show you a chart for the lass 70 years put in perspective how bad this has been. guess what, it might get worse. esg crowd circling. farmers, fertilizer, vivek ramaswamy is here what the woke have for you next. selloff taking wind out of sales of bitcoin. perry an boring, will weigh in on the resolve from cryptocurrency of late. i will give you my takeaway on this necessary pain that is not necessary and really at this point america, you're going to have a make a choice, push back or accept it. all that and so much more on "making money." ♪. charles: you know the word of the day is extreme. as a noun it is furthest from the center given point, i

my friend charles payne, the dow up about 384 points right now, all major averages are up are reversing what had been a steady decline for three straight weeks. charles. hey, buddy. charles: hey, neil. thank you very much, my friend. i'm charles payne, this is "making money." breaking right now, the entire world remembering the legacy of queen elizabeth ii. she was the longest serving monarch in british history, but she captivated the world with her dignity and strength. moments ago king charles iii giving his first public address, praising the queen's devotion. >> throughout her life, her majesty the queen, my beloved mother, was an inspiration and example to me and to all my family. and we owe her the most heartfelt debt any family could owe to their a mother. charles: the queen's funeral is expected to take place in less than two weeks. president biden says he will attend to pay tribute to her historic reign. >>> fires are emerging on a hunch that the cpi report next week will be better than expected. the question is, should you be buying? and if you are buying, where? a lot of overs

neil: all right, i'm going to blame charles payne for this one because we're down almost 300 points, and i'm not taking any responsibility for it. we turn around, however, that's on me. to you, charles. charles: neil, you'd make a great president, that's all i can tell you. [laughter] good afternoon, everyone. i'm charles payne, this is "making money." breaking right now, well, first they cheered and now they're jeering. the jobs report a reminder while there are some cracks in the armor, there's still a long ways to go to make the fed happy, and to paraphrase jay powell, that meanses lots and lots of pain. plus, the new tony stark? eric finman first made headlines as a teen millionaire. i'm going to ask, why is everyone treating his appearance like beatle mania? and the outrage over president biden's dark speech about so-called unity last night. >> the maga republicans are trying to destroy the american democracy. we, the people, will not let anyone or anything tear us apart. today -- charles: deneen borelli reacts at 2:30. plus, my takeaway on not wasting your youth sitting out of i

neil: all right, i really dug a deep, deep hole for charles payne. let's see if he can dig out. to you my friend. charles: i'm starting thou though, neil, i have a whole weekend. good afternoon, everyone i'm charles payne this is "making money" and breaking right now global markets dodge as inflation battles and recession realities have created a toxic both for fear, but fundamentalists are making big time adjustments based on demand , also, how do you model for higher rates, right? they're going to be higher for longer meanwhile technicians are watching for a critical support points hoping that the they hold. so far she are believe it or not. i have the best in the business folks to help you through the day, jim paulson, erin gibbs all on deck and the market as a lot of people were calling year 1962, that year is at 652 and the hit show "the in beverly billys" plus, tweet me at cv payne, so despite this year, you have to own stock s and in the uk, they announced the largest tax cuts since 1985, but isn't this going run-away inflation? no better person to ask, larry kudlow will b

the gains, almost 400 points for the dow any know one guy who can do it, pull it off with ease, charles payneoney." breaking right now a rally attempt that is actually holding up. after major decline, major indices is making a stand with unlikely as sis from a fed. how to with you are portfolio to weather the storm. they will turn despite all the

charles payne is here. i know you know. 10 year treasury 377, price of gold 1600, 1662. bitcoin 19,000 and change. oil where are we? $82 a barrel. natural gas lower this morning at $6.69. this is interesting. the average price of a gallon of regular gas is moved up again up to cents to 378 but look at california, 6-18. there are other problems. charles, stop gesticulating to the floor manager, you are on. how long is this bear market going to continue? charles: i think between now and the midterm elections. i think we are putting in a bottom to the process. stuart: that is the first kind of positive thing i have heard in a long time not just from you but from anybody. charles: you've got traditional seasonality factors come midterm factors and carnage. i don't think people realize, one of the worst years for investors. i put it up to two things, part of the conversation you just had to the media doesn't want to talk about this, they really don't want to talk about the carnage and we haven't had those dramatic days, 1000 points is not what it used to be. we have 5, 6, 9%

my friend charles payne, the dow up about 384 points right now, all major averages are up are reversing, buddy. charles: hey, neil. thank you very much, my friend. i'm charles payne, this is "making money." breaking right now, the entire world remembering the legacy of queen elizabeth ii. she was the longest serving monarch in british history, but she captivated the world with her dignity and strength. moments ago king charles iii giving his first public address, praising the queen's devotion. >> throughout her life, her majesty the queen, my beloved mother, was an inspiration and example to me and to all my family. an

i'm charles payne and this is making money. right now investors are eager to close out the miserable week, month, quarter. coming up, why the word of the day is catastrophic and what if this is all in the calm before the storm. i have heavyweights on the show today. today's show focus on the federal reserve and federal banks around the world that have run amuck and several states due to stop the student loan bailout and congressman french hill state is leading that suite and will sound off at 2:25 and how to manage your success. all that and so much more on making money. >> charles: the word of the day is catastrophic suffering great damage or catastrophic like a hurricane. catastrophic mismanagement of the economy and of course we've heard the word a lot with the hurricane and hurricane ian cutting a swath through florida and other states and we mourn the loss of life and this devastating financial impact. but there's also been a really big time storm all yearlong and a financial market and it's nothing short of catastrophic a

neil: charles payne, so sorry, melinda, my executive producer back from italy. in italian time too. neil: you got it. charles: good afternoon, i'm charles payne. this is "making money." the market struggling for direction here, really trying to decide, especially nasdaq, get this, it was 1.8% at the open. rallied 1.7%, dropped another percentage point. how do you deal with this volatility and remain sane

good afternoon, everyone, i'm charles payne. this is making money. but all the signs it was supposed to abbey nine report. it is shocking the street. all the major indices are getting hammered. should you be panicking. i have major guests i know

neil: let me go to my buddy charles payne. to see what he can cook up in the next hour. charles?rs are pouncing. i warranted you yesterday to brace for a fall. keep fighting. fortune favors the bold. there is market. you've got to be smart. my market makers will share what portfolio moves you need to make now. companies announce layoffs and initial jobless claims falling

we have two great guests charles payne to walk us througheh the disaster of th biden economy and adam

this is charles payne and this is "making money."ny hope, or are we stranded on an island of despair and is the market down because you, i'm talking directly to you , because you won't sell. are you a jinx? i know it feels that way. today, very important ways that you can manage through the difficult ways ahead with some of the very best on wall street. and is powell making another mistake, folks? this time, talking too tough. the tough guy routine from

charles payne here to react next. >> gavin newsom is about himself.inus. >> i like his new policies about reacting to the climate crisis. >> i don't know, probably c, just because i don't think he's done anything particularly outstanding. >> 4.5. since things are pretty back right now. veteran homeowners. are you applying for a car loan or a personal loan somewhere? those loans are not cheap. neither are cash advances from your credit cards. call newday. you may not realize it, but one of the lowest cost ways to get money is to use your va home loan benefit. the newday 100 va loan lets you borrow up to 100% of your home's value at low re-fi rates instead of high credit card rates. and that makes a huge difference. >> john: president biden has been slamming republicans on what he calls attacks on elections. but the white house press secretary called into question the outcome of elections that went south for democrats. take a listen to this exchange with our peter doocy just moments ago. >> you tweeted trump stole election, brian kemp stole election. if

look first at the leader board last week and the fox business face off kennedy beat charles payne and of a skyscraper about to jump. gutfeld still on top and kilmeade and hemmer deep, deep down at the depths of the sea where we like him. here now peter doocy and steve doocy promoting the latest cookbook my favorite cookbook of all time. >> steve: absolutely true. >> jesse: favorite fox news book of all time besides how i saved the world and number one cookbook in america today. >> steve: thank you. >> jesse: there it is. before we get started who usually wins when it is like golf or tidally winks who usually wins between you guys. >> steve: we have never kept score at golf. >> peter: can't count that high. [laughter] we count how many balls we lose. >> steve: before we go out, how many boxes are we going to need? >> jesse: okay. so you guys are both terrible. >> peter: we did actually rental right when i got to be taller than you in eighth grade we wrestled and i won. >> steve: so we stopped. >> jesse: that's what i did with my father the minute i grew taller than him one-on-one i bea

. >> harris: something you said charles payne from fox business and i talked about the cost of breakfastght now? the new schoolers for moms and dads, the new school year and now the price of getting them started with that important moment of the day, that meal, is sky high. it is rocking in some cases eggs so on and so forth 38% up from last year. >> school supplies. i sent my senior to high school. it is up $800 for the average family the notebooks and pens, the simple things they need. instead of helping our kids who were left behind because of the pandemic let's pay off tuition for kids who already graduated. families struggling now everything is costing them more and democrats are the reason why. >> harris: speaking of inflation the wall street editorial board declared inflation election. that's what we'll see in november. they write the darkest moments of inflation in four decades have occurred entirely on president biden's watch. largely of his own making since he still expresses no intention to change course, voters will have to elect a congress willing to restrain him. another op

i'm charles payne and this is making money.close out the miserable week, month, quarter. coming up, why the word of the day is catastrophic and what if this is all in the calm before the storm. i have heavyweights on the show today. today's show focus on th

let's bring in charles payne, i don't know how it can't be, charles. explain. >> it's like a word salad thing, the white house is saying if you take into fact the deficit will be less and factor in this, minus that, it's -- it's just kind of -- it's so ridiculous and here is what is so crazy about it. this is not something you have to be a rocket scientist. you are going to forgive "forgive" up to a trillion dollars. i mean, that comes from somewhere. you just don't say it's not inflationary, won't add to the deficit, no, it will to both of these things and people will pay for it in more ways than one, the inflation rate, things they own, the things they want to buy, they are going to notice the prices are going back up again. the main thing we are trying to do is get inflation down, which is an arguous task. while the federal reserve is trying to do that, kind of messed up, the average person is saying why, i don't have a lot of wealth to begin with, why is the fed trying to take that from me. you have the fiscal side, the biden administration keeps t

good afternoon, everyone, i'm charles payne, this is "making money." breaking right now the anxiety is so thick you can cut it with a knife. will the fed go too far other stop too short in their quest to beat inflation? one of today's guests says you should strap in to be uncomfortable. oil is sending food prices soaring. it might stop you soon from grabbing a nice cold beer. tracy shugart in the crazy debacle in the clumsy battle to climate change. president bide having a marie antoinette moment, but the president basically saying let them eat cake. don luskin at 2:40. how we must stem the tide right now. all that and so much more on "making money." ♪ charles: historically, folks, this is the worst week of the year and the worst month of the year and when i hear that i'm not, you know, you hear that, i know people want to head for the hills but here's the thing if history repeats itself then think about this, you might want to buying. you will probably lament not taking action over the next couple weeks and next couple months or years. buyers of cours

senator marsha blackburn of the great state of tennessee, jason chaffetz and charles payne at the topheduled to hold a press briefing on hurricane ian. the storm will be with us all week. it could hit the state later in the week. the miami mayor is francis suarez. good morning to you. briefly how are you getting ready and how is the state dealing with this? miami looks to be okay so far. good morning. >> yeah, so far so good. thanks, bill. obviously hurricanes are extremely unpredictable. it looks like we're outside of the cone of probability right now but it can change. we have a lot of experience with hurricanes over the years and so we always expect the worst and prepare for the worst. we're looking at -- we have flooding this time of the year. we actually have had flooding, believe it or not. we expect now given the current fore casts 4 to 7 inches of rain and focusing on the areas that will flood easily and also making sure our residents are prepared just in case the hurricane turns. it could be a category 2 to 4 by the time it hits florida. >> bill: a big part of job is getting