charlie gasparino enjoying his final days with the tax rate as it stands right now. ow he's doing. make take a pulse check and all that. that will do it here. waiting for california to roll in and make joe biden the next president of the united states. here's "the five." >> dana: helm dana perino with jesse watters, greg gutfeld, juan williams, 5:00 in new york city and this is "the five." a monumental moment for america in the fight against covid-19. first, finally here, front-line workers getting the initial shot in the arm in the country's biggest mobilization since world war ii and millions of doses of vaccines on the way to hospitals in all 50 states. how the human s

joining us now, charlie gasparino, senior core upo -- correspondent.hat do you make of peter doocy having to repeatedly shout questions. >> it reminds me of sam donaldson. he used to scream questions at reagan back in the day and reagan would be like i can't hear you, sam. peter's done a great job on this. the press has generally done a horrible job on this from day one. even when the story broke at first, even if you were skeptical about the hunter biden laptolaptop and the issues surrounding it, when it broke, if you notice, biden has never denied the basic facts of the whole story that to me should have been the calling card for most of the media, not just us, to go and a find out about what was going on here and i think the media's done a horrible job with hunter biden and it adds to this sort of cynicism that you see every day on twitter, it's okay that donald trump gets investigated and there's two very active investigations going on in new york -- manhattan da and new york state attorney general, but it's not okay for everybody to hold biden's f

to charlie gasparino. charlie, what are you hearing?h, very interesting situation, as you saw today, the news about goldman sachs seeking to have a 100% ownership of a subsidiary in china. that would fly in the face of a lot of what we have been reading between the trump administration and its belligerence towards china, chinese stealing intellectual property from u.s. companies. you would think corporate america was still at war with china. the interesting thing is they are not. i have been talking to some of the executives at the big firms, it's not just goldman sachs that's going to be seeking 100% ownership of a subsidiary in china. it's jpmorgan, it's morgan stanley, it's every major bank, every major investment firm that wants to sell mutual funds there. those are separate applications. this is a pretty big thing. what i found is this. when the trump administration was going to war with china over trade, the chinese authorities basically did an end-around around the administration and began negotiating with many of the big financi

charlie gasparino.iously this was the year of the pandemic and everything else but it was also the year we saw a significant surge in sales and activity, impossible foods, impossible burger all these non-meat products but this next case is a little different. eat just, makes lab-grown meat. tastes like chicken, it is lab-grown chicken but doesn't come from the chicken. they defy you to taste the difference. josh joins us, hope i pronounce it correctly, josh, founder, ceo of the company. singapore gone ahead offered regulatory approval for the lack-grown meat. can you tell us what this is all about? >> it is very much chicken, neil. this is the first time in history that meat without requiring killing an animal has been approved. singapore is the very first country to do it. neil: so how did you mimic the favor of actual chicken? from the reviews i heard people can't tell the difference. >> what we did, we took a cell from a chicken. we identified nutrients to feed the cell. then we manufacture it in a p

charlie gasparino has this important detail for us next. >>> in case you missed it, the co-founder and securities joins my everyone talks to liz podcast this week, talking about his take on the recent solarwinds hack and his time training an israeli unit 8200, the elite area where they learned a most unique way to solve problems without the presence of technology or google. he's going to describe how they put them in a room, they gave them a problem and they teach them how to solve it. creative thinking led him to start orca security where he aims to fix the fundamental cloud security problem. listen to everyone talks to liz on spotify, google, wherever you get your podcasts. >>> closing bell ringing in 17 minutes. guess what? it's the s&p that's on record as well. same with the dow. four records could be happening in 16 and a half minutes. don't go away. to all the businesses that helped us make it through 2020... thank you for going the extra mile... and for the extra pump of caramel. thank you for the good food... and the good karma. thank you for all the deliveries... especially th

charlie gasparino. he does not use the food delivery services unless they go to extremely expensive restaurants. good to know it's out there just the same. meantime, you heard the news from bill hemmer. hunter biden acknowledging that they're looking at his taxes. who, when and going back how far? stay with us. g on? zicam® is clinically proven to shorten colds! highly recommend it! zifans love zicam's unique zinc formula. it shortens colds! zicam zinc that cold! now every bath fitter bathbath fis installed quickly, safely, and beautifully, with a lifetime warranty. go from old to new. from worn to wow. the beautiful bath you've always wanted, done right, installed by one expert technician, all in one day. we've been creating moments like these for 35 years, and we're here to help you get started. book your free virtual or in-home design consultation today. but some things are too serious to be ignored. if you still have symptoms of crohn's disease or ulcerative colitis even after trying other medicatio

charlie gasparino now with the very latest news. charlie. >> yeah, liz, thanks for having me., i think, that's going to happen. i can't say that steve mnuchin who kind of holds husband cards, believe it orbit, based on the way -- or not, based on the way the relationship post-conservatorship is between fannie and freddie and the treasure ily department, he's actually more powerful than the direct overseer of fannie and freddie. and as you know, fannie and fred duh allow the fact that we have 30-year mortgages. they buy mortgages from banks, allow them to make more of these small-term 30-year mortgages which are hard to do if you don't have a government-sponsored enterprise buying and packaging them and selling them to investors. they're been in conservatorship for about, for more than ten years, a product of the financial crew access. the trump administration's trying to get them out of conserve to haveship. the problem is joe biden's going to be the next president, so what happens in the interim? i can't say this is definitely going to happen, i don't believe it until i see t

cheryl: charlie gasparino, thank you. from home boom, the countdown closer have the stocks to bank on two booster portfolio. take a look at the dow right now we are pushing session highs, up 74 points in the s&p is looking strong, we have 11 minutes to go. we'll be right back. get real-time insights in your customized view of the market. it's smarter trading technology for smarter trading decisions. fidelity. (teen) ♪ mom... it happened again. (vo) add some thrill to your wish list. at the season of audi sales event. some things are good to know. like where to find the cheapest gas in town and which supermarket gives you the most bang for your buck. something else that's good to know. if you have medicare you may be able to get more benefits without paying more through a medicare advantage plan. call now to request this free guide. learn about plan . . plans that include medical and prescription drug coverage. plus valuable extras that may include the silver sneakers fitness program and mail order prescription coverage. w

charlie gasparino, i love the thought when he returns to his office because we cleaned it up for him.ned it up! neil: oh, please, you cleaned it up. you make oscar madison look like a service, oh, stop. all right thank you, charlie very very much, charlie gasparino on that. now, of course, the market itself is having a tough time today. you could say that there's some confusion about the rollout of the pfizer drug that canada has gone ahead and announced it's going to approve it and give it to the canadian citizens on the heels of bahrain and britain doing it so a lot of folks wondering what are we going to do and that could happen soon and doses could be out this weekend but having said that though there's also confusion over stimulus and where it stands and that's weigh ing on investors as well so in the middle of all of this , you have a lot of businesses and forced shutdowns across country that don't know where to go, where to hide, what the to do, but in texas they're coming up with a novel way to protect them where they're looking at giving covid tests to small businesses to at

let's get to charlie gasparino and this all centers around it, right? .c., i think it center s around d.c. but also yes the georgia senate runoff. liz i've never seen wall street pay so much attention to two senate races particularly in the south, than i have here but that's what's going on here and people are trying to gain what a republican or a democrat win in georgia whether if the republicans keep one and keep the senate, what that means for policymaking and deal making , and one of the big industries that i understand that's closely-watching this is the fcc. let's play this out for a bit. if mitch mcconnell, there's a 2- 2 split in the fcc right now and the president will nominate someone as chairman that would break the tie, and read to much more progressive policies out of the fcc, something much different than what a jit pai did, there will be less deal-making and probably trying to bring back net neutrality and also the whole notion of nationalizing 5g some sort of massive effort to socialize the 5g rollout will be front and center, but, if tha

charlie gasparino with the inside scoop. we are coming right back.k at the russell. the russell's in the green, nasdaq's in the green. dow down 51 points. we are coming right back, don't go away. ♪ ♪ it's a thirteen-hour flight, that's not a weekend trip. fifteen minutes until we board. oh yeah, we gotta take off. you downloaded the td ameritrade mobile app so you can quickly check the markets? yeah, actually i'm taking one last look at my dashboard before we board. excellent. and you have thinkorswim mobile- -so i can finish analyzing the risk on this position. you two are all set. have a great flight. thanks. we'll see ya. ah, they're getting so smart. choose the app that fits your investing style. ♪ some companies still have hr stuck between employeesentering data.a. changing data. more and more sensitive, personal data. and it doesn't just drag hr down. it drags the entire business down -- with inefficiency, errors and waste. it's ridiculous. so ridiculous. with paycom, employees enter and manage their own data in a single, easy to use software.

what would you do to meet charlie gasparino virtually? im in person long before the pandemic you know, charlie just has this sort of prima donna view of the view of the world. we'll have an inauguration that way, charlie, that will be weird, do you think? >> i can remember doing the trump inauguration with you. that was an amazing event. neil: absolutely. >> first time i ever directly covered an inauguration. it was life affirming. neil: i remember it well. you were great. gave a lot of insight. i love the section where you veered into municipal bonds. it just made our coverage. isn't it, you think about it, it is just weird but these are the times which we live, right? >> listen, yes, and you know the -- i said this before when you're on a marathon the last sort of six, 26-mile marathon the last three miles can be brutal. i think that is where we are with this thing. it will be crazy still some more but we're coming out of it. i can tell you my brother got the covid shot the other day. he is front line worker, icu doctor. neil: how is he

charlie gasparino making his last appearance on this show. ghter] neil: you're doing this , you're doing this , more after this. want to brain better? unlike ordinary memory supplements- neuriva has clinically proven ingredients that fuel 5 indicators of brain performance. memory, focus, accuracy, learning, and concentration. try our new gummies for 30 days and see the difference. some things are good to know. like where to find the cheapest gas in town and which supermarket gives you the most bang for your buck. something else that's good to know? if you have medicare and medicaid you may be able to get more healthcare benefits through a humana medicare advantage plan. call the number on your screen now and speak to a licensed humana sales agent to see if you qualify. learn about plans that could give you more healthcare benefits than you have today. depending on the plan you choose, you could have your doctor, hospital and prescription drug coverage in one convenient plan. from humana, a company with nearly 60 years of experience in the heal

ahead of that charlie gasparino. t reaction, obviously it's up on a lot of other factors, not the least of which are the slow release of these vaccines, but maybe the unexpected surprise of a stimulus measure. what do you think? >> yeah, there's a couple things at work here, you know? i think the stimulus measure is at work. obviously, it's part of it. i think that tesla's news is pretty fascinating. i just heard susan talk about jim they knows, also source of mine, guys i've known for years essentially throwing in the towel and congratulating elon musk. jim, he and i had a lot of conversations about tesla over the years. i was much more bullish than he was on it, obviously, and i always would ask him how do you stop a cult stock that is pretty good, a product, underlying puckett that's pretty good? -- product that's pretty good? i think that's part of why the markets are up today. i think tesla, you know, people are seeing a lot of promise in tesla and some of these new economy shares that are, that are trading highe

to charlie gasparino, following the attempted sale of directv, who is interested, who is at least kickingthis thing stand, charlie? charlie: i will get into that in a minute. here's one clue on china. i just heard jackie's report on how tough or how lax the biden administration will be, is who will be the ambassador to china. if it's bob iger, the disney chief who has been a china dove throughout his career, very strong connections to the chinese government and president xi, if it's iger as has been floated out there, then you know we are going very dovish on china or a lot more dovish than what trump has done in the last four years. so watch the ambassador to china. if it's iger, that's a huge directional shift. getting into at & t and directv, we should point out at & t bought time warner, hiuge mega-dollar purchase. it has to sell stuff to pay some of the debt down and one of the things it's looking to sell, now that it's learned or at least for the moment it doesn't look as if it's going to sell its cnn subsidiary is directv. that's a satellite cable provider, providing programs via s

charlie gasparino looking at some of these mixed signals right now. hey, charlie.es, another interesting i guess foreshadowing of the end of the pandemic that could come in the spring and obviously, the economic impact that that would be is what you find in junk bond prices. i have been looking at triple c junk bonds, companies that are kind of near default but not quite in default. they are triple c rated and they have been trading wildly up over the last month, including recently. now, we should point out that junk bonds for some reason historically have always traded up towards the end of the year but this is a much more pronounced swing upwards, and you know, i'm talking to traders and investors and saying why is that, and clearly, let's unpack this a bit. if you look at the capital structure of any company, the guys that get paid out last in a bankruptcy are the equity holders and right above them, it's the junk bonds. so if the junk bonds are trading up, what people are essentially saying is look, there's going to be less -- fewer bankruptcies out there. that

now, that president-elect biden has just announced his new trade representative, let's get to charlie gasparinoays and biden says this is going to be more strategic but tough. can you be both, what does that mean? charlie: it's a love affair, no am i kidding, [laughter] yeah. >> liz: [laughter] charlie: here, i mean, it's going to be a relative love affair compared to when it was under trump and now i'm getting this from my wall street sources and what was fascinating about the people at the big banks is that amid all the trade unrest and the sort of cold war between china and the u.s. over the last four years, chinese government has reached out to all the big banks and all the major wall street firms and there's been dialogue between the government and the firms about doing business in china, about keeping those relations open. that dialogue resulted in pretty strong relations between the wall street firms and china and now that you've got a new administration in there what they're thinking is that the chinese, as a sort of gesture of goodwill is going to allow these u.s. companies that alread

to charlie gasparino looking into ratings in sports.f i didn't get you to weigh in what is going on in georgia concern about ballots and all the rest. what if it isn't quickly resolved? what if election day turns out to be a mess where you can't get conclusive results that night? >> that could be a problem. a lot is riding on this. democrats have to win seats, have to win both, to get a majority in the senate that means joe biden has a blank check. he can spend, he can tax, do whatever he wants. republicans win one of those seats, then you know, it's a stopgap on all of his anti-business taxing and spending plans. so those are, that's the stakes. usually markets don't like uncertainty. so if it is really, if it is something that looks very protracted like hanging chads type protracted yeah, you will get, you will get some market sell-off and a lot of volatility. i kind of think that is not going to happen. i think they're planning for this to come in, be somewhat orderly. the secretary of state is obviously investigating certain things.

want to go to charlie gasparino. he has been following this as well. inst stimulus relief, whatever, we are talking some big eye-popping numbers, aren't we? charlie: you know, neil, the deficit was going to be pretty substantial before covid, tax cuts kicked in. the economy was doing better but still, there was a trade war which depressed gdp growth, which also, you know, didn't hurt the economy in a way it's hurting now, but it depressed economic growth and that led to more of a deficit. we were talking before pandemic a $1 trillion deficit which sounded large. now we are talking by the end of the year more than $3 trillion, depending on what statistics. some people say it's 3.1, some people said, i think the cbo said it could be as high as 3.7 but you get the idea. the deficit has basically tripled in the last eight months. i just want to put it into context a little better. the overall size of the debt now, the deficit is the difference between what the government brings in and gives out to people, that's $3 trillion. the debt itself is $27 trillion.

charlie gasparino with more on the significance of that. what do you think? ting pick. we should point out that brian deese is known for many years on wall street for his work in the obama administration. he's raised some eyebrows among progressives because he worked on wall street, conservatives he's raised some eyebrows because he's a believer in environmentalism. i went back to blackrock, some of my sources there. remember, it's not just an investment firm, it's the world's largest investment firm. it has close to $8 trillion under management. i asked my sources there, what do you think of this pick, for him as essentially the nation's top economist inside the white house? the fed is the top economist but that's separate. inside the white house, the head of the nec is essentially national economic council is essentially the top economist for the new president, joe biden, and what they basically said is this. brian's a smart guy, he's obviously steeped in progressive policy, but he was never an economist inside blackrock. he was never a portfolio manager ins

and it is china that shar ily gas -- charlie gasparino is looking at to talk about the big issue and a biden administration. what have you got, charlie? >> just as it applies to wall street, neil, very fascinating. during the trump years when we had heightened tensions with china on trade and many issues, chinese authorities bypassed the administration, went straight to some of the executives at the bug wall street with firms to maintain connections with them. every firm i know from goldman sachs to jpmorgan has some presence in china. some of them have subsidiaries partially owned by the chinese, others are applying for subsidiaries to sell mutual funds. but if you look at more michigan stanley which has long -- morgan stanley which has long had a subsidiary, jpmorgan and many others, they are now ready to pounce on the fact that they believe that there will be a theying of relations between -- a theying of relations between china and the u.s. under a biden administration and they will be able to do business in china, and that the chinese are going to allow them to do more business.

to charlie gasparino, who has news on who might be waiting for the moment the president leaves the whiteouse and these are not necessarily friends. charlie: yeah, and it's the manhattan d.a., cy vance, very powerful law enforcement office. everybody knows he's investigating trump. that's not a secret. but what is new here, we've gotten this from people close to the manhattan d.a.'s office, is that he's expected to vastly increase resources and personnel to investigate donald trump, president trump's business dealings, when the president leaves office in january. what sources are telling the fox business network is that d.a.cy vance could create what's known as a special task force inside the manhattan d.a.'s office to investigate president trump, his business dealings, his taxes, his dealings with insurance companies, his dealings with deutsche bank as well, one of the big banks that did business with donald trump, one of the few that did business with him after his brush with bankruptcy in the 1990s. why is this an important story? listen, if there's a special task force within the d.a.

liz: charlie gasparino, is miami the new wall street?r a lot of people moved to miami. >>> it's not just a taste for europe's briere and parmesan. a taste for european stocks has today's "countdown" closer betting on euro equities for one very specific reason. it involves the euro, the pound and the u.s. dollar. we'll be right back. the dow is down 124. ♪ i joined amazon because i wanted to change education and i am impatient. amazon gives me the resources to change the world at a pace that i want to change it. ♪ we provide students stem scholarships and teachers with support. ♪ i'm a fighter and i'm fighting for all students. . . . she's so beautiful. janie, come here. check this out. let me see. she looks... kind of like me. yeah. that's because it's your grandma when she was your age. oh wow. that's...that's amazing. oh and she was on the debate team. yeah, that's probably why you're the debate queen. - mmhmm. - i'll take that. look at that smile. i have the same dimples as her. yeah. the same placements and everything. unbelievable.

charlie gasparino, can a boss tell its employees you have to get it or you're not coming back to workt in a second, jeff sign field at yale university did interesting survey that said they want all of their employees to get the drugs, a lot of them sidestep the question and whether they will put guns to people's head and say take it or else. the real question, can they do that and interestingly employees, employers can, we've been speaking with lawyers over the past couple of days and if my employer says i have to take the vaccine as a condition of my employment, can he fire me if i say no and the short answer is yes, we should point out the case law on this is pretty thin, i'll get into that in a second period i asked none other than judge napolitano, our senior judicial analyst, this is how we put it. your body is saying cursing from the government but not employers, employers have a duty and can engage in behavior to ensure the safety of the people, and other words new york city mayor bill de blasio cannot force us to take the vaccine but fox could if it wants to. what is the legal

let's go ahead to our own charlie gasparino, follows taxes on the state and local level as well. y assume or hold control of the senate, they will be raised at state levels across the country. >> right, if you look at their current stimulus package, there is no aid in there to state and local governments so that's a big problem to new york, new jersey, all of the states that have locked down and destroyed businesses through these very harsh lockdowns, as compared to taxes in florida which did a much more modest approach to this, they have decent budgets right now, new york is facing massive, tens of billions of dollars of budget deficits. if you think about it that way, republicans now hold the senate, if republicans keep the senate, then, again, you are not going to get any direct relief and these governors, they are all threatening tax increases, bill de blasio, the mayor of new york city is saying it. >> neil: he's already done it, he's already done it. what type of headwinds could an economy face looking at that? we are only going to go after the gas greenhouse. >> there is ro

me, the financial institution rules for america and europe but not for the rest of the world, charlie gasparinoity mandates, what are we talking about here? >> we've been onto story since nasdaq pretty extensive new diversity guidelines, i read the entire 271 page proposal and i suggest people should do that to see the breath of what they're saying and what you find in nasdaq and find it increasingly across corporate america that these diversity guidelines have tons of loopholes, nasdaq has guidelines for u.s. companies to put in minorities women, transgender people, two of those people know selective classes on a board or face, it's possible delisting, it's mostly about disclosure but they need that as a possibly but then they allow chinese companies to do whatever they want and china as you know one of the more repressive regimes, i've asked other corporations with a big splash in this regard what are your guidelines and where do they hold up in here is some of the stuff that i found, goldman sachs has ipos, you should have diverse members on boards of companies that they will bring public, t

to charlie gasparino, and may i just say, my cleveland browns are 10-4 and second place in the afc north go on. charlie: i like baker mayfield, you know. i'm a baker mayfield fan. they have an excellent team over there in cleveland for a change. but we'll get into that. we will get into that later. you know, here's some interesting stats that we have been putting together about sports, particularly nfl ratings, and we do know this from my sources close to nfl, major nfl owners. they're saying the league is increasingly worried about the declining sports viewership amid the pandemic. despite the fact that everybody's locked in, to a large extent, particularly in new york and california, sports viewership is off pretty dramatically. a company called morning consult started crunching the numbers to explain why it's off so much. independent research from morning consult shows that, you know, they started ranking why people aren't watching sports as much, particularly football, and why now. you would think they would be. a whopping 17% of the respondents say they are watching less because the

charlie gasparino enjoying his final days with the tax rate as it stands right now. we'll see and monitor charlie and how he's doing. make take a pulse check and all that. that will do it here. waiting for california to roll in and make joe biden the next president of the united states. here's "the five." >> dana: helm dana perino with jesse watters, greg gutfeld, juan williams, 5:00 in new york city and this is "the five." a monumental moment for america in the fight against covid-19. first, finally here, front-line workers getting the initial shot in the arm in the country's biggest mobilization since world war ii and millions of doses of vaccines on the way to hospitals in all 50 states. how the human services alex azar laying out when the vaccine will be widely available. we will have 100 million shots in arms by the end of february. the experience will look at what you do for a flu, cbs, -- cvs, kroger's, or at your doctor's office so that is the experience we are trying to recreate. >> dana: president trump calling it a modern-day miracle and touting operation w

charlie gasparino has been breaking news all day on this. charlie, what do you have now?e: we should point out if you and i bought tesla, we couldn't report on it. we have been doing a lot of reporting on it. liz: right. charlie: the stimulus package, here's what we do know. as of now, business groups are pressuring mitch mcconnell to find some sort of compromise on this bill. why are business groups worried about this? the word simply is that there's not a trillion dollar stimulus that by the time we get a vaccine widely distributed, the economy is likely to fall into another recession. that's why they're worried about it, given the types of lockdowns going on. we should point out that california is locked down pretty dramatically. new york state, governor cuomo threatened today over the next five days, in five days, we could have no indoor dining. that's why the pressure is on mcconnell. you know, liz, the interesting thing is what's going to be negotiated. from what i hear, sources close, republican sources close to mcconnell say he is willing to give up on business li

to charlie gasparino on whether the s.e.c. grant them the ability to do this and what exactly they're asking for. charlie: this proposal was released today. it's interesting, if you read the press release of the proposal which is a diversity rule saying that boards, companies that want to list on the nasdaq have to have diverse boards. there are some parameters in there of how diversity is based on sexual orientation, race. if you don't meet those parameters, you can be booted and be de-listed. we should point out that when we spoke with the nasdaq -- by the way, if you read the press release, it seems very draconian. as we are speaking with the nasdaq privately or getting a background briefing, it appears that they're saying it's less draconian. maybe they think this is how they are going to proceed with it by arguing this is more about goals rather than mandates but either way you look at it, the nasdaq did something extremely provocative by putting out that press release and that rule today which said it's listed companies,

charlie gasparino. let's quickly get to our "countdown" closer.ou have 19 billion in assets under management. director of asset management at huntington. put up three metrics you look for. we're compressed on time. global growth, blue chip core, blue chip dividends. tell us about stocks, we'll put those up, you say fit into the three metrics. >> sure. thanks for having me on. we'll be quick. the names that you see here are really part of our core portfolio, our thinking about long-term stable businesses and so, all of these firms stand to benefit from the shifting demographics as well as shifting consumer behaviors. as much as there has been talk about rotation and pre-covid. [closing bell rings] we think they are sustainable businesses regardless of the environment. liz: chad, we'll have you back. literally hoping for tomorrow so we can get more of your picks up here. that will do it for us. a big selloff but still green on the screen. connell: losing momentum in the final moments. we have california planning for more lockdowns, lockdowns that wo

meantime charlie gasparino takes a look at the big one from yesterday, that is doordash, which knocked of all estimates and demand giving back a little bit of that, but, charlie, breathing this in and looking at it, it is a lofty price. what do you make of all of this? >> expected it would come down a little bit, people flip the stock, sell it, insiders get it at the ipo price and flip it as it is going up in price. that happens after every ipo. i think the bigger thing, neil, big debate we're having now, our investors and audience should be having, whether these companies have great products that justify this valuation, whether this is a bubble. whether the fact that we have very, very low interest rates has push, is pushing people way out on the risk spectrum where a company like doordash that doesn't have, i don't think it has profits, right? it is not profitable, companies like that, are selling for massive valuations. it's a tough debate, but it is clearly the fact that you have record low interest rates, there is somewhat of a speculative frenzy around this. now the difference be

charlie gasparino, on president trump his tax issues could become sooner right now that he will be leavinge after january 20th. what is happening here on that front, charlie? >> on the front of the manhattan district attorney's office, that is cy vance he had an ongoing investigation. we have color that you could say advanced the ball on the investigation into president trump and his business dealings, his taxes, including his dealings with deutsche bank. this is what we understand, people close to the office with the investigation, is simply this, cy vance expected to ramp up investigation into taxes and business dealings after the president leaves office. here is the interesting thing, we are being told they are talking internally about vance's office about creating a task force, internal task force to look into the business dealings and far-flung nature of them and various other businesses and corporations that are involved including deutsche bank. there is an insurance company involved aeon. this is pretty wide-ranging. this is so wide-ranging cy vance is looking to develop an internal

charlie gasparino has more. >> neil, it is not just deutsche bank but every major wall street investment bank and bank is looking to relocate much of its workforce, not all of it, but a good chunk of it, out of new york state, the new york city area and it is more than just the covid causing this, pandemic, lockdowns, the fact we, we do business in a very high density area. it's leadership. it east losing confidence in the governor, governor cuomo, governor murphy. mayor, mayor de blasio to handle crime and other issues. it is what is looming in terms of costs. governor cuomo recently threatened this but governor murphy had done the same and so has mayor de blasio. higher tax increases, much higher taxes on businesses potentially and also on, on executives. that combination is causing people to say, why should we be in the city? why should we be spending so much money on new york city real estate and get stuck with this high burden when we know, based on the experience during the lockdowns, that we can basically

charlie gasparino, what's going on?s, meaning elon musk, the founder of teslas. this is an amazing stock story, neil. i was the first one to break the story that he was under investigation about two or three years ago for making a claim that tesla was going to be selling for $420, going private at 420-dollar stock price. that turned out to be false. he got slapped a little bit on the wrist by the sec, had to pay a fine but the stock is well north of 420. the stock is well north of 420, something in the 500 range after a stock split. elon musk has done very well over the last couple years. one of the ways he has done it is by showing the street he is willing to cut costs which he is doing. one way to cut costs is to move your plants out of high-cost areas like california. looks like he is starting to make moves to do that. the other way you prove yourself to money managers is essentially selling a story. the story is pretty fascinating if you talk to money managers that believe in the stock. there is a ton of people who

charlie gasparino, correspondent with the fox business network. good to see you.ppening in california and the additional restrictions, another round of lockdowns. the state shut down and still they are seeing this massive number of cases. what is being done about it? >> nothing and that's the problem. you get the government you pay for it. anybody can lockdown a state. anybody can say no more business, stay home. we should be pang gavin newsom, bill de blasio, two men us through this crisis, to understand who is most vulnerable, to understand how money businesses can stay open and what limits they should have on occupancy and keep the economy going. that is management 101. it's not being done in new york or california. let's be clear. california had months and months to prepare for a surge in cases of people that are vulnerable, mostly older people, people with other elements that would come in during the winter months. i did not prepare for that. all it did was shut the businesses and destroy livelihoods. that is not management. that is why people are moving out

considering moves to red states fleeing new york amid widespread shutdowns and rising crime rates charlie gasparinor. ainsley: and we will be watching in the meanwhile here are quick headlines, a business owner confronts health officials over covid-19 restrictions in california. watch this. >> i don't support that. >> owner of the restaurant was ordered to close for putting tables outside despite the state 's outdoor dining ban. he claims the health officials said it was okay to put them out since he was only serving take out. >> a marine saved a baby trapped in a burning car. gunnery sargent kyle wetter saw the child's parents struggling to get the child's seats out on the side of a california road so he sprang into action cutting the seat out with his combat knife, thankfully nobody was hurt. the father of triplets said he would expect others to do the same for his family and he is a hero. ainsley? ainsley: thank you so much jillian. well if you've never put your trust in god, do it this christmas. that is just part of franklin graham's powerful message of faith during this difficult holiday seas