thank you very much, charlie gasparino. all the way, nasdaq down just under 1% our "countdown closer" says market momentum should be driven right now by cautious cash because people are taking that money and putting it into the market there is one sector in particular he favors. let's bring in david grim house, devon phelps investment anment. cautious cash investment coming into the markets, i like that, but where's it going? >> obviously we've seen kind of a big move in the first quarter, first half of the year. took us by surprise, certainly a lot of momentum than we've seen obviously a.i. driving it and i think you had a lot of fear missing out and a lot of cash on the sideline coming in. certainly history would tell you when the market has a big first half it should have a big second half. although admittedly i think we're a little cautious. i think some of the news we saw this morning, the fed's hands are probably tied. that may be enough of a negative signal to slow the market down. liz: well, let as put up some of yo

cheryl: thank you very much, charlie gasparino. good to see you.nvest in with a new etf. it is musq. it launched earlier this week. our county downcloser put it on a list of companies. he said act private about trade publicly. joining me with the list why these are good investment opportunities, intrepid capital, mark travis. clarify this, a company that acts private but is public, what is that? >> it is a founder-led business has gone public i suspect to facilitate estate transfer from generation to generation n a number of cases there are multigenerational management. an example would be markle, insurance company based in richmond, virginia. berkshire hathaway is taking an interest in that business and it's run, the chairman is the founder's grandson. i think you're talking about liv, a moment ago, and the music business. now that liv gotten past the problems with taylor swift's concert back in november, it's a very, it is a great business, i think like a toll gate on all live entertainment. michael rapinoe ceo, several hundred million dollars in

charlie gasparino breaks down the theying behind the move. thinking behind the move.on whether the market can sustain 2023 highs considering the fed's about to meet in seven days and possibly race rates again. steevest co 8:00 o'clock -- stes coming up too. we'll be right back. ♪ there are some things that go better... together. burger and fries... soup and salad. like your workplace benefits and retirement savings. with voya, considering all your financial choices together can help you make smarter decisions. voya. well planned. well invested. well protected. there are currently more than 750,000 unfilled cybersecurity jobs in the u.s. the google cybersecurity certificate was made to fill that gap and help grow the workforce that's keeping us all safe. ♪ ♪ the biggest ideas inspire new ones. 30 years ago, state street created an etf that inspired the world to invest differently. it still does. what can you do with spy? ♪ ♪ ♪ i have type 2 diabetes, ♪ ♪ but i manage it well. ♪ ♪ it's a little pill with a big story to tell. ♪ ♪ i take once-daily jardiance, ♪ ♪ at each

charlie gasparino.and republican to the 2024 presidential hopeful chris christie will be joining me live right here in our studio. the closing bell rings, eight minutes to go, the dow, the s&p and nasdaq on pace to close with gains ahead of the big cpi report that is tomorrow morning 8:30 a.m. eastern time as you can see averages are on pace for the second update in a row the cpi report is good to be coming out and will get the ppi report that could be coming up as a consumer price index that is on thursday the two key economic reports were looking at. this sheds light on whether the decline in inflation has continued and this is the backdrop for future direction of interest rates and this is what the fed is going to be looking at, jerome powell said he stayed independent we will see how he reacts to the reports and how markets react to both of the reports coming up over the next two days. the dow wept 326 were seeing nice gains in the close. let's take a look at oil west texas intermediate and crude. t

charlie gasparino is on deck. ♪ hi, i'm michael, i've lost 70 pounds on golo.diets that didn't work. on golo, i spent a couple hundred bucks and got back down to my high school weight. you're not gonna believe this thing is possible but it is. oh booking.com, ♪ i'm going to somewhere, anywhere. ♪ ♪ a beach house, a treehouse, ♪ ♪ honestly i don't care ♪ find the perfect vacation rental for you booking.com, booking. yeah. >> woman: why did i choose safelite? i love my electric car, so when my windshield got cracked, i trusted the experts at safelite. with their state-of-the-art technology, they replaced the windshield, recalibrated the car's camera, and then recycled my old glass. i found out safelite recycles over three million windshields a year. great job! >> tech: thank you! >> woman: replace, recalibrate, recycle. i count on safelite. ♪ rock music ♪ >> singers: ♪ safelite repair, safelite replace. ♪ part time job, full time hustle, all time shero to all of us. you nurture we listen, you teach we thrive. you lift our spirits, but we've gotta lay down the tru

goldman sachs notching one of the weakest quarters and charlie gasparino will dig into this next on 4's spinning it pretty well because goldman's turned around over the past several hours. stay tuned, we're coming right back. ♪ ♪ (i see it, i like it, i want it by shirley ellis plays) ♪ ♪ and i want it ♪ ♪ yes i do ♪ ♪ i need it ♪ ♪ to make me happy ♪ ♪ oh baby, yes i do mean you ♪ ♪ (man) what if my type 2 diabetes takes over? (woman) what if all i do isn't enough? or what if i can do diabetes differently? (avo) now you can with once-weekly mounjaro. mounjaro helps your body regulate blood sugar, and mounjaro can help decrease how much food you eat. 3 out of 4 people reached an a1c of less than 7%. plus people taking mounjaro lost up to 25 pounds. mounjaro is not for people with type 1 diabetes or children. don't take mounjaro, if you're allergic to it, you or your family have medullary thyroid cancer, or multiple endocrine neoplasia syndrome type 2. stop mounjaro, and call your doctor right away, if you have an allergic reaction, a lump or swelling in your neck, severe stomach pain,

cheryl: you know, edward, i'm sitting here with charlie gasparino, we were just talking, i mean, the no sense on this thing. >> reporter: what they did, charlie, is they changed the rules on another program. not the program that was challenged in the courts. it's another program which this one probably will not go and be contested in court. what's going to be contested is when they're using the higher education act of 1965. they're starting that rulemaking process right now -- >> yeah, but it's -- [inaudible conversations] >> reporter: it's going to cover hundreds of billions. >> ed edward, it's the same concept. congress can forgive loans. you've got to pass a bill. the supreme -- i still don't get it. [laughter] whatever. >> reporter: they keep trying. >> it makes no sense. cheryl: what's a few more billion dollars for the to spen- >> sounds like they need to get sued again. >> reporter: it's a mole. they stop it here, it -- whack-a-mole. cheryl: they said he were going to do it. thank you very much, edward. well, as i mentioned, charlie gasparino -- >> i still can't get over the o

here to discuss this now, charlie gasparino along with former u.s. antitrust enforcer khan rahim. get that right? >> you gave me a promotion t was assistant attorney general in charge of the antitrust. >> you did run the antitrust division. the ftc is asking for a stay. they lost, they got slammed by the federal courts. i have not seen a ruling like that in a long time. was humiliating loss. makes me think, biden regulatory apparatus, important areas like ftc, your old place, antitrust, way too political? they're all political you were a political appointee by donald trump but you guys followed administrative code. you get the impression these guys it is just all idealogical, and lina khan has idealogical baggage against big tech. wrote amazon hating trite tis when she was in law school what do you think about that? >> i think you have a point there in the sense that look, everybody is political. the question is where does your ideology come in and where do you step in to one of those roles and you're a law enforcement official? when you have to go to court to prove the case and th

charlie gasparino is here. >> we should back up a minute. that is off its highs.was 30-cent a while ago. >> it was 30. it was, it is up to 73, but it was up 90%. there is the pop you see. it settled back down. it is obviously a positive rule if you hold the xrp as a retail investor. where this gets really muddied and bizarre, this is judge torres' reasoning most people think it is insane, somehow she delineates between a sale after security to an institutional holder and a sale of a security, someone who buys it blindly through a exchange. all brad garr link hoist had to do, all these guys made near billionaires on native coin xrp, sell it to an exchange, sell it to retail on exchange or intutions on the exchange t was a very strange ruling and if you sort of extrapolate it, that saying apple if i go to apple and i buy it at the ipo that is a security but somehow if i buy it on my robinhood app, remember it doesn't come from the company itself at that point. liz: yep. >> that is not a security because you know, i'm a retail investor and then they don't have to dis

our next guest says the supreme court's decision to end affirmative action, wow, great news, charlie gasparinooins us live to explain. >> steve: approach the bench. please. ♪ come on, come on, listen to the money talk ♪ from prom dresses to workouts and new adventures you hope the more you give the less they'll miss. but even if your teen was vaccinated against meningitis in the past they may be missing vaccination for meningitis b. although uncommon, up to 1 in 5 survivors of meningitis will have long term consequences. now as you're thinking about all the vaccines your teen might need make sure you ask your doctor if your teen is missing meningitis b vaccination. hi, i'm sharon, and i lost 52 pounds on golo. on other diets, i could barely lose 10-15 pounds. thanks to golo, i've lost 27% of my body weight, and it was easy. (soft music) ♪ >> rachel: the supreme court's end to affirmative action in college admissions last week could have a major impact on the business of corporate wokeness according to our next guest. fox business correspondent charlie cas perino said a corporate lawyer told hi

to ease pressure on the stock following an attack made by short seller hindenburg research, charlie gasparinois associates at icahn enterprises down in florida, now he's in new york city and they're not talking they are in a quiet. right now just so you know earnings are coming up for iep but here's what we know from people who know karl as best i can put it. i believe my sources are good, he is not done seeking revenge now that he is this out-of-the-way and restored as he would put it normalcy to the stock he thinks it was unfairly attack there was a lot of stuff that hindenburg said that was not backed up by facts about how he runs his operation. he is not done in seeking revenge out of his revenge the stock is up 20% and still office highs the trade is off before all this stuff happen is coming up on her back and i'll get back to why it could be even more what these people are telling me he is weighing a lawsuit against him, it would not be the first one, he's been sued in the past it obviously does not stop him from doing these research reports and obviously their shortselling that goes o

our a charlie gasparino is hearing from some democratic fundraisers saying for an elected president going for his second term the, president biden right now is having a lot of trouble. i mean, historically speaking, getting money. he's still getting money, but it's not as much as their team would like. is that true, and if so, why? >> well, the reason why he may be having some troubles is because his poll numbers are rather disappointing even among democrats. that being said, having worked, as you know, for bill clinton, presidents can raise money. it's going to the take more time and more effort. i get the fund raising requests, literally he's doing 5-7 events a week. he and vice president harris. he'll get the money, it's just more of a slog for him given his tepid numbers and levels of support that are not as high as any democrat would want. david: i want to talk about top contenders which are clearly biden and trump. and nicole, president trump now has two indictments against him. he's probably going to have more before the election, he may even have a conviction before the election,

charlie gasparino is a fox business senior correspondent. he joins us now. harlie, great to see you. charusiness outpacingis col the rate of inflation? why is college so expensivle e? >> we got we we have a wholeprog program dedicaterad as everybody knows, we went to college. i mean, one reason why everwho went money.ree and any time you throw free money at something, if i could just borrow unlimited forfr anything and you can remember there's no sort of anytifications there's no sort of they don't look at what degree you're getting qualb might be whengettin you get out and whether you can pay back that loan. there's there's none of that by a banob t beenk if you apply for a mortgage. there is a lot of that. obviously, they look at your credie of that score.that so that's part o.f it. i think the other part of it is that university has become these huge sort of institutions. they get involved everything.oot you know, if you look at the numbers in the in these in these colleges, you know, not a lot of money is spent on actual teaching. i mean, they do a lot of

charlie gasparino is a fox business senior correspondent us now. so biden nomics, i mean, if you're in the white house, it sounds fantastichpaste. . >> i mean, there are i still think it's a tripping over yourself word. hard to say, but they sort ofey try to make out. this're tr t is the brave new w. everything is fantastic. the real world actuall wory. ae these are really shocking. some of these revelations. inflation is still high. er even today, we had a decent number at, i believee , a 3% cpa print, and it's better than it was. wilit's still above the target of 2%. it's still means the fedgoin is going to raise rates later this month by another 25 basis points. and you know, here's by dynamics. r basis you spend a ton of monet you should have spent. you pushed the fed to keep interest rates low.intere lots of liquidity markets, which is bad. you cause inflatiost l, you can you didn't need and then you have to put the brakes economon the economy try to jam shut, you know, to kill the inflation. and yoion anu could causea a recession. now, it's a

watches, joining us now is blackrock's chairman can and ceo larry fink along with charlie gas with perino. great -- gasparinoe cool in here. >> we are. liz: i know you cannot get into specifics. but as you look at all of your track records when it comes to ishares and approvals, how do these things work out? how long does it take? and what do you think odds are of any of your etfs that you float getting accepted? >> well, we try to do what's right for the long-terms investor, and i think we have a good track record working with our regulators in trying to make sure we're thinking about the all the issues around any filing. and so i can't get into the specifics of this filing, but i think the chart speaks quite well. we work really closely with our regulators, and ask we want to hear from the regulators what they, what are their issues and we fix those issues around that. so we hope that like in the past we can be working with our regulators and get the filing approved one day. and i have no idea what that one day will be. but -- and so we'll see how that all plays out. specifically on bitcoin, as i've said i