. >> announcer: charles payne and david asman break it down. schedulingime to go oto the bank to get a mortgage. ugh, you're using a vacation day to go to the bank? i know, right? just go to lendingtree.com. get up to five loan offers to compare side by side for free. wow, that's great. wait, how did you get in my kitchen? oh, i followed a raccoon in through your doggie door. [chittering] [gasps] get a better mortgage on your schedule. not the bank's. lendingtree. when banks compete, you win. just think of him as a big cat. [chittering] with rabies. gary: drug stocks took a big hit this week and this is why. >> the drug industry has been disastrous. they supply our drugs but they don't make them here to a large extent. and the other thing wev have to do is create new bidding procedures for the brug industry because they are getting away with murder, pharma has a lot of lobbies and a lot of power and there is very little bidding on drugs. we are the largest buyer of drugs in the world and yet we don't bid properly. we are going to start bidding

cost of freedom continues with david asman on the place for business, fox. >> . >> well, he won the election and he's almost sworn in as president, but the fight to stop donald trump's agenda rages on. president obama this week on capitol hill rallying democrats to protect obamacare from trump's election promise to repeal it. some here are saying the unprecedented visit and other last minute road blocks could delay reforms and our economic rebound, but are they right? hi, everybody, i'm david asman, welcome to forbes on fox and focus, with steve forbes, rich, mike ozanian, elizabeth macdonald and bruce. steve, it looks like president obama is trying to under mine the change americans voted for, no? >> that's absolutely right. what he's doing is unprecedented. going back to john adams 200 years ago, did a lot of midnight appointments on judges. we've never seen a president what president obama is doing. that's where trump must not fall into the trap of defining, what he must do. repealed by executive order, do it. the others congressional approval, let it wait. move ahead on taxes, move ahead

hi, everybody, i'm david asman, welcome to forbes on fox and focus, with steve forbes, rich, mike ozanian, elizabeth macdonald and bruce. steve, it looks like president obama is trying to under mine the change americans voted for, no?

cheryl: one of my favorite shows, david asman on saturday morning. you have to watch "forbes on fox." a lot going on. great afternoon. david: thank you so much for joining in. >> a new defense secretary is now in place. david: god bless general mattis. we wish him the very best. that does it for us. have a wonderful weekend.

david asman, melissa francis here "after the bell." david: thank you very much.een a lot worse. concern about controversial new orders pressuring stocks but they did recover quite a bit by the end of the trading day. looks like the dow jones ending the day down 127. hi, everybody, i'm david asman. melissa: i'm melissa francis. this is the after the bell. we have you covered on all the big market movers. here is what else we have for you this hour. president trump kicking off second week of executive orders and frenzy from the main street media. i don't know if you noticed that he is meeting

"after the bell" with david asman and melissa francis. nk you very much president trump getting down to business on the second day in office. stocks are cheering him on. the dow making another run at 20,000, but take a look at s&p 500 and nasdaq both, closing at brand new record highs. hi, everybody, i'm david asman. melissa: i'm melissa francis. this is "after the bell," we have you covered on all the new records. here is what else we have for you at this hour. another busy day at the white house. president trump remaining focused on jobs and america, what he told heads of major u.s. automakers today, and new plans for the keystone pipeline. they're calling it resist trump tuesday. i don't know how catchy that is. david: i don't know.

david asman and melissa francis pick it up here for "after the bell."s of earnings, guys, take it away. melissa: business front and center on donald trump's first official day in office but the dow remains in the red. the s&p 500 ending the day lower as well. the nasdaq managing to eke out, well, not anymore, seem like it was eking out gains. couldn't quite get there at close. i'm melissa francis. david: i'm david asman. glad you could join us this is "after the bell." this is what we have for you in a very busy hour, particularly inside the beltway, president trump hitting groundunning meeting with the heads of major americanompanies this morning to talk taxes and jobs in america. then a slew of executive orders, chief among them, dumping

charles payne and david asman. this is one of the most interesting things about donald trump. you can't put him in a box. he's not necessari partisan as some, especially conservatives would like. he seems to have more of a what makes sense, what is common sense approach to all of this. but rhetoric like this has an effect. charles: donald trump tweeted such things, i remember the tweet and if you read the tea leaves this shouldn't surprise you. where the u.s. government can save the taxpayer money he has a great point. but on the other side of this we have to be careful trying to cap profits at pharmaceutical companies. we get $86 billion imported into this country. it's about tax policies. in the case of israel a bunch of brilliant people who know how to make drugs. it's about keep in labor a bad tar rifs or bad trade policies. i would like to see five levels and a way of capping companies from buying a product, like mylan buying the epipen and jacking the drug up. they didn't put any money into the discovery of this yet they are screwing the person out there. that's usery. d

"after the bell" with david asman and melissa francis. david: thank you very much president trump getting down to business on the second day in office. stocks are cheering him on. the dow making another run at 20,000, but take a look at s&p 500 and nasdaq both, closing at brand new record highs. hi, everybody, i'm david asman. melissa: i'm melissa francis. this is "after the bell," we have you covered on all the new records. here is what else we have for you at this hour. another busy day at the white house. president trump remaining focused on jobs and america, what he told heads of major u.s. automakers today, and new plans for the keystone pipeline. they're calling it resist trump tuesday. i don't know how catchy that is. david: i don't know. melissa: next round of protests chicks off in chicago, targeting trump administration ties to goldman sachs of all things as chicago's homicide rate at 19-year high. they're not protesting that. there you go. >>> president obama defying congress, paying $200 million in taxpayer dollars to the pales

that will do it for me, live and living color but david asman and gerri willis after the bell. >> lizre closed but fox business is in and open for business. i'm gerri willis in for david -- melissa francis. david: i'm david asman. this is "after the bell." here is what we have this hour. donald trump met with son of martin luther king , jr., there

that will do it for me, live and living color but david asman and gerri willis after the bell. >> liz, markets are closed but fox business is in and open for business. i'm gerri willis in for david -- melissa francis. david: i'm david asman. this is "after the bell." here is what we have this hour. donald trump met with son of martin luther king , jr., there were negative comments on both sides of that we'll take you live to trump tower for the he details. insurance for everybody? president-elect says he has a plan to replace obamacare, and it may include a major goal of obamacare. we're going to explain. a scandal still haunting the clintons months after the election has now led to a major announcement. >> i don't see this president-elect as a legitimate president. i don't plan to attend the inauguration. it will be the first one that i miss since i've been in the congress. >> i hope that john lewis and some others who have joined his plans to take a pass on the inauguration will rethink that. >> i understand why john lewis feels the way he does. this is a very fearful and divided na

david asman, melissa francis here "after the bell." david: thank you very much. could have been a lot worse. concern about controversial new orders pressuring stocks but they did recover quite a bit by the end of the trading day. looks like the dow jones ending the day down 127. hi, everybody, i'm david asman. melissa: i'm melissa francis. this is the after the bell. we have you covered on all the big market movers. here is what else we have for you this hour. president trump kicking off second week of executive orders and frenzy from the main street media. i don't know if you noticed that he is meeting with his national economic council as we speak. this hour we have karl rove, art laffer, walid phares will join us after the bell for all the big issues. david: what more would you want? the dow still suffering the largest postelection loss making the biggest drop so far this year. lori rothman on floor of new york stock exchange. lori, what caused the trigger. it didn't end in positive territory and way off the lows. what happened? >> absolutely. if you consider

hi, everybody, i'm david asman, welcome to forbes on fox and focus, with steve forbes, rich, mike ozanian, elizabeth macdonald and bruce. steve, it looks like president obama is trying to under mine the change americans voted for, no? >> that's absolutely right. what he's doing is unprecedented. going back to john adams 200 years ago, did a lot of midnight appointments on judges. we've never seen a president what president obama is doing. that's where trump must not fall into the trap of defining, what he must do. repealed by executive order, do it. the others congressional approval, let it wait. move ahead on taxes, move ahead on reforming health care. do the deregulation by executive order, don't let obama set your timetable. >> well, bruce, we have a brain room at fox news, they're pretty good and they go back and find there are no examples of departing presidents who advise the party on the last two weeks of his presidency. >> well, i don't know if the brain room realizes this, but we might, this president obama might be the last adult that we have in the white house for a few years.

david asman and melissa francis pick it up here for "after the bell." lots of earnings, guys, take it away. melissa: business front and center on donald trump's first official day in office but the dow remains in the red. the s&p 500 ending the day lower as well. the nasdaq managing to eke out, well, not anymore, seem like it was eking out gains. couldn't quite get there at close. i'm melissa francis. david: i'm david asman. glad you could join us this is "after the bell." this is what we have for you in a very busy hour, particularly inside the beltway, president trump hitting groundunning meeting with the heads of major americanompanies this morning to talk taxes and jobs in america. then a slew of executive orders, chief among them, dumping president obama's trans-pacific partnership trade deal, a big blow to some asian nations but teamsters and other union officials inside of the white house are cheering. right now he is meeting with union leaders and workers at the white house. meanwhile on capitol hill, the confirmation showdown continues. the sen

david: i'm david asman. so glad you could join us. this is "after the bell." a lot of big events at this hour. let's go through the list. president-elect donald trump, of course he will be president trump in just 20 hours. he is in d.c. attending a full slate of events including lunch with his potential cabinet this afternoon. some funny things happened there. the first event of the inauguration just took place. a very somber replaying in arlington national cemetery at the tomb of the unknown soldier with vice president-elect mike

the cost of freedom continues with david asman. you're watching the place for business.ou are watching fox. >> donald trump revealing details this week, how he's tried to separate his businesses before getting sworn in as president. top democrats saying he is not going far enough and democrats are still bashing trump for his wealth think cabinet picks. because of public service, are they right or wrong? welcome to forbes on fox. let's go in focus and find out elizabeth mcdonald. john and bruce jackson so, john, n.

i'm david asman. dow closing above 20,000. so much for sell the inauguration.price futures, fox business contributor watching

shows, david asman on saturday morning. you have to watch "forbes on fox." a lot going on. great afternoon. david: thank you so much for joining in. >> a new defense secretary is now in place. david: god bless general mattis. we wish him the very best. that does it for us. have a wonderful weekend. liz: breaking news. president trump just followed through on that campaign promise. he just signed executive orders putting in place extreme vets for visa and refugee applicants from terror hot spots. another one to rebuild our armed forces. we have all the details tonight. welcome to risk and -- "risk & reward," i'm liz macdonald in for deirdre bolton. this is just the first week. >> i'm establishing new vetting measures to keep radical islamic terrorists out of the united states of america. we don't want them here. we want to insure that we are not admitting into our country the very threats our soldiers are fighting overseas. we only want to admit those into our country who will support our country, and love, deeply our people. liz: most sweeping changes in four decades. they h

and that's business, i'm david asman. . game night is our daughter allie's favorite night.ike honey nut cheerios, rice chex and lucky charms, she can enjoy it her way. try new very berry cheerios. the taste of real fruit in every bite. so berry good. developing tonight, mexico'sng government t says it has ex try dated infamous drug lord cap owe to the united dru states. he has twice escaped from highrm security prisons in mexico. he was recaptured last year after his second jail break. ill cap owe will face six separate indictments on charms such as organized crime, murderm and money laundering. ill chapo will not death penalty am he is expectedc to appear in court tomorrow in brooklyn. > confirmation hearings continued did he onfirm the hil. treasury secretary stieve me news in defended his role durine the financial crisis. effaced some tough questions,uet the failed mortgage lender.nder also on the who the seat energy nominee former texas governor rick air i. he sparked a few laves during f this exchange with democraticdeo senatorial frank in. >> governor, senator. thank

i'm david asman. > after nearly 10050 years ofas both entertainment and controversy alike, the wrinklyothers and barn number baileee circus will put on its final show in may.sh reporter roaowr it's been an american tradition since 1871, but after 146 years wrinkly brothers will be folding up its tenths for the last time. the company that owns the circus, said this season of the greatest show on erythropoietine will be the and be in a place where people can see it and enjoy it and appreciate what an americanhat institution this is. the company says it was a tough decision citing high costs and a big drop in ticket sales as the main reasons for the closing. they're working to place the remaining animals in habitats or sanctuaries and saying they won't abandon the hundreds of circus employees and their families. some of the service we'll be providing will include job placement, housing, interview preparation, resume preparation, those kinds of things. meanwhile, stunned fans are saying it is the end of an era. many are vowing to catch the few shows with their kids and grandkids as they sa

i'm david asman. as ceo of exxonmobile... rex tillerson put exxon's interests before america's i'm not here to represent the us government's interest. instead, tillerson sided with putin. with billions in russian oil deals... he opposed us sanctions on russia... ...for war crimes forced to pay hundreds of millions for toxic pollution... ...putting profits ahead of our kid's health. tell your senators to reject rex tillerson. and protect american interests not corporate interests. > welcome back, on top of ame record setting b beautiful day e also had a gorgeous full moon to illuminate this b evening. these photos by craig little.itl a lot of full moons that have a name that were given to them by native americans. this was the wolf moon because often they would hear the wolfs crying hungrily because they were looking for food in thed cold months. the moon is going to set a little after 8 in the morning. e if you missed it today you might see a few clouds coming in because we have a few light showers to our nort

. >> i'm david asman this is "after the bell." glad you could join us.ve you covered on big market movers. here is what else we have for you this hour. bringing out the big guns. president obama and vice president-elect pence going toe-to-toe in the battle over obamacare. we're going to take you live to capitol hill for details on what is going on behind closed doors. >>> plus build a wall, it is not just a popular slogan. the president-elect reportedly laying the ground work to make good on one of his biggest campaign promises. >>> this just in, president

i'm david asman. dow closing above 20,000. so much for sell the inauguration. phil flynn price futures, fox business contributor watching action in oil and gold from the cme. lori rothman on the floor of the new york stock exchange. lori, how much higher can we go? >> let's hope a lot more, let's hope this 20,000, it was kind of a slow grind, david. even though this is the second fastest course from 1000 points, 19 to 20 ever, it is still vulnerable. a lot has to do with trump and his pro-growth policies. a lot has to do with what we've seen pretty solid batch of earnings. let's just celebrate today because here we are finally. these are the top gainers of the dow, driving the dow to 20,000. boeing hit a lifetime high today, the story behind that expect to deliver more planes and higher earnings this year. caterpillar up almost 2%. this is a two-year high. analysts say the sales pick you are is improving. adobe up half a percent. these are among companies hitting lifetime highs. particular stocks we're pulling from a broad range of industry suggesting that the

i'm david asman. here is what else we have for you this hour.s president barack obama holding his last press conference in office. responding to questions about the commuting of chelsea manning's sentence. former army intelligence analyst serving 35 years for leaking government secrets to wikileaks.

i'm david asman. fios is not cable. we're wired differently.credibly fast 150 meg internet. so in the 3.7 seconds it takes gary watson to beat the local sled jump record fly, gary, fly. ...his friend can download 13 different versions of the perfect song... ...his sister can live stream it... ...while his mom downloads how to set a dislocated shoulder, get 150 meg internet, tv and phone for just 79.99 per month online for the first year. hurry offer ends january 21st. only from fios. (man) my dad and i have the same eyes. same nose. same toughness. and since he's had moderate alzheimer's disease, the same never quit attitude. that's why i i asked his dtor about once-a-day namzaric. (avo) namzaric is approved for moderate to severe alzheimer's disease in patients who are taking donepezil. it may improve cognition and overall function, and may slow the worsening of symptoms for a while. namzaric does not change

i'm david asman. melissa: i'm melissa francis. this is "after the bell."covered for all the big market losers. here is what we have this hour. apple reporting in the hour. will this put a dent typically what is their best quarter of the year. we'll bring you numbers you need

i'm david asman with "after the bell." this is very busy hour.ill be very busy toughou the evening just three days, donald trp sworn in as president of the united states. president-elect's team is getting ready mapping out priorities for his first 100 days in office. more businesses are caving to pressure before the president-elect moves into the white house.

i'm david asman. melissa: i'm melissa francis. this is "after the bell." we have you covered for all the big market losers. here is what we have this hour. apple reporting in the hour. will this put a dent typically what is their best quarter of the year. we'll bring you numbers you need to know when they come out. that is describing congressional democrats skying two key cabinet members. less plan to delay votes and boycott hearings. sparks fly at the white house as members of the mainstream media continue to clash with press secretary sean spicer over immigration and everything else. david: that was a pretty wild press conference. adam shapiro on the floor of new york stock exchange. adam, it came back a bit. it looked like it was. >> if you look at dow, goldman sachs accounted for 30 points being shaved off the dow. losers goldman sachs, jpmorgan chase, intel. intel was darling last week. hit a record high. a bit of a selloff today. some of the winners and losers up coach up five or 6%. coach with much better-than-expected profits especially overseas. d

hi, everybody, i'm david asman. melissa: i'm melissa francis. this is "after the bell." we have you covered on all the big market movers but here is what else we have for you coming up this hour. a live look at the white house. sources just telling fox news that one much president trump's more controversial executive orders is being moved up to this afternoon. the president and his advisors are hammering out the final details in the oval office. plus uk prime minister theresa may currently speaking to republican lawmakers. earlier today president trump spoke to the same crowd, vowing allegiance to gop priorities as lawmakers preparing to go to battle over a timeline for tax cuts. coming up, steve moore, economic advisor to donald trump, austan goolsbee, former advisor to president obama sound off. david: all right. we have the a-team. meanwhile back to the markets. the trump rally is marching on. new record close for the dow. phil nine, price futures fox business contributor and watching action in oil and gold and lori rothman on the floor from the new york stock exchang

i'm david asman with "after the bell." this is very busy hour. it will be very busy toughou the evening just three days, donald trp sworn in as president of the united states. president-elect's team is getting ready mapping out priorities for his first 100 days in office. more businesses are caving to pressure before the president-elect moves into the white house. plus it is round two astrump's cabinet appointees are taking the hot seat on capitol hill. the hearing for interior secretary is currently underway. in just one hour, senate democrat are expected to grill betsy devos, trump's choice for education secretary. fox business will be bringing that hearing from stem to stern live. coming upjohn stossel will join on "after the bell" to sound off on all this. melissa: dow plunging as dollar slides to one-month low as president-elect donald trump described the currency as too strong in an interview with the "wall street journal." phil flynn, price futures group is fox business contributor. watching action on gold from floor of the cme. lori rothm

david: i'm david asman. happy friday. this is "after the bell." thanks so much for coming.n big market movers. here is what else we have for you. it will be a very busy breaking hour. president trump making his first official visit to the pentagon. along with vice president mike pence will participate in a formal swearing-in of defense secr

i'm david asman. here is what else we have for you this hour. there is president barack obama holding his last press conference in office. responding to questions about the commuting of chelsea manning's sentence. former army intelligence analyst serving 35 years for leaking government secrets to wikileaks. it created backlash from both sides of the aisle. >> i feel very comfortable that justice has been served and that a message has still been sent. david: this is donald trump's cabinet nominees getting grilled by democrats on capitol hill. we have tom price, scott pruitt, wilbur ross, nikki haley all on the hot seat today, making their case for their confirmmation. how did they fair? we'll have team coverage taking us through all the details on the big events. melissa: but first, let's check how stocks ended the day. the dow sinking into the close. united health, exxon, verizon and the biggest drags. phil flynn, watching action in oil and gold from the cme. lori rothman from the floor of the new york stock exchange. lori, oil losing big. >> th

david: i'm david asman. so glad you could join us. this is "after the bell." we're watching a lot of big events at this hour. let's go through the list. president-elect donald trump, of course he will be president trump in just 20 hours. he is in d.c. attending a full slate of events including lunch with his potential cabinet this afternoon. some funny things happened there. the first event of the inauguration just took place. a very somber replaying in arlington national cemetery at the tomb of the unknown soldier with vice president-elect mike pence. a welcoming concert, very different kind of event at lincoln memorial. sam and dave, well, sam moore will be there. president-elect addressed supporters who gathered ahead of tomorrow's historic nomination. we'll take you there the moment the president arrives. melissa: dow is sinking for the fifth day in a row. lori rothman at the floor of the new york stock exchange. who are the big names driving it lower? >> let's give you the list, exxonmobil, merck, pfizer, american express. american express reporting earni

hi, everybody, i'm david asman. melissa: i'm melissa francis. this is "after the bell." we have you covered on all the big market movers but here is what else we have for you coming up this hour. a live look at the white house. sources just telling fox news that one much president trump's more controversial executive orders is being moved up to this afternoon. the president and his advisors are hammering out the final details in the oval office. plus uk prime minister theresa may currently speaking to republican lawmakers.

. >> i'm david asman this is "after the bell." glad you could join us. we have you covered on big market movers. here is what else we have for you this hour. bringing out the big guns. president obama and vice president-elect pence going toe-to-toe in the battle over obamacare. we're going to take you live to capitol hill for details on what is going on behind closed doors. >>> plus build a wall, it is not just a popular slogan. the president-elect reportedly laying the ground work to make good on one of his biggest campaign promises. >>> this just in, president obama releasing four more gitmo detainees within the next 24 hours, and just wait till you hear where they're being sent. we'll tell you. lori: back to the markets now. the dow climbing again today, shares of nike and american express and ibm. oil on the rise as well. but watch out for some pain at the pump. phil has details from the cme in chicago. lori rothman is back with us. lori, exxonmobil the worst-performing stock in the dow today. how come? >> so it was the worst performer but pretty awe

all right, i want to bring david asman and liz claman as well into this.of goosing the economy, getting better growth, all that, selling that, getting what you want, well here comes the governing part. david, how tough will that be? >> right. neil: he went over washington's head today in his remarks. >> he did. neil: so what do you make of that? >> as we all know donald trump is a fighter. he is the last person to say uncle. in fact i have never heard him say uncle. he is not a compromiser. he is the first elected president who comes neither from politics nor the military. so he is totally from outside of the system, and i think he is going to play rough. he will not take no for an answer. he, obviously, at some point he will have to compromise but there were two, senator kerrey, brought up two concerns, not just liberals but a lot of conservatives have questions about his america first policy, whether that will involve protectionism but i focus more on the power to the people line, to me what that meant, was less government in our lives, whether that's co