mark: welcome back america, welcome back charles payne. the democrats keep using this, this i've said this marxist model class warfare rich get rich and poor get poor. do the poor get richer under socialism and marxism and redistribution of wealth and massive taxation of successful people? >> the answer is no. is absolutely not, and what's really intriguing about all of that is you don't -- you don't have to look outside of this country or even that far into the history books. look at what's happening in most progressive states in america. look at new york state. look at new york city. the greatest income inequality in the world. in the world -- look at california. look at the exodus from these places. try to start a business as someone who isn't already wealthy. it is really amazing. we see first thand that the notion of high taxes is somehow equalizer that it make all things right and unfortunately people do go with their emotions over common sense and over historical facts. yeah let's go. let's grap pitchfork and tornlings let's go door

right now to charles payne. hey, charles. charles: neil, thank you very much be my friend. good afternoon, everyone, i'm charles payne, this is "making money." the market kicking off the second quarter with a bang. the s&p hitting an all time high. money continues to rotate back into tech stocks. is it time to get in on the action? i have a panel of experts what you need to know right now. while president biden holds his first cabinet meeting today, the middle class are wondering if the taxes are going up. there are more than economic dilemmas with the proposed infrastructure by we'll cover the political and moral issues with amazing guest, including former congressman jason chaffetz. the supreme court set to decide if college athletes should earn money. i go in depth why the athletes need to be paid and why conservatives should cheer such a ruling. all that and more on "making money". charles:s it been one day since president biden outlined his $2.2 trillion infrastructure plan and concerns are mounting not just on the right but interesting voices on the left. more signs s

here's my buddy, charles charles payne. ing. charles: good afternoon, everyone, i'm charles payne, and this is "making money." the market is bouncing back, but investors are still rattled, and it's not just because of a tidal wave of taxes. we're talking about strong earningses that continue to come in really nicely, even beating the most optimistic expectations. speaking of which, one of the biggest beats coming from noun other than mattel. the toymaker is driven by renewed interest in physical toys and adventures on the big screen. the ceo is joining me live to explain why nostalgia is also helping drive new business. tax and spend mans are grand owes, but they seem to have forgotten one part of this nation. we're going to break down how wokism continues to fuel populism. and speaking of president biden, what does the climate plan actually mean for your diet? here's a hint, you better enjoy that cheeseburger while you can. all that and so much more on "making money." ♪ ♪ charles: all right. so the markets are regaining equ

david: see you, charles, have a freight show. charles: thanks a lot, david. i'm charles payne. this is "making money." major indices struggle to maintain fraction. what theme will spark the next big move in this market? we're set to get the latest fomc minutes any moment now. jerome powell pushing the grand experiment. the question, will his colleagues be on board? what can he do to convince wall street he is still in control? we vin sight from dan danielle dimartino booth coming up. 150 million many payments have been issued thus far under president biden's so-called relief bill. all told the government is paying $800,000 per job. how does that math work? we'll have a live report from texas congressman lance gooden. all that and more on "making money." ♪. charles: so the market, opened tentatively after it slumped into the closing bell yesterday. there is not a sense of fear per se, just a look of leadership and so, the one thing though you have to admit, it's a better feeling than we had let's say over the last several weeks where there was palpable angst. you could feel it

neil: all right, we shall see , charles payne, i'll see you in about 50 minutes my friend, charles payne the host of " making money" and apparently he reads a lot so it's not necessarily my kind of literature but he reads a lot this next fellow reads a lot well respected is the democratic california congressman, congressman, good to have you back. we were just on its notion that those stimulus checks everything has brought us some of this economic news and some on the other side of the aisle, sir , and we're aware well we're going to pay for that and this is a short-lived kind of an effect. what do you make of it? what is causing this? >> well first of all i don't know if i'm as well-read as charles, i have to pick-up the book he recommended but here is the point. the unemployment rate is coming down, the republicans made the same argument. they said don't give stimulus checks, don't have increased unemployment benefits, people aren't going to return to work. well, if that were the case why are we seeing unemployment numbers coming down? obviously people are returning to work and the rea

mark: welcome back, welcome back charles payne. democrat use this marxist modest class warfare, rich get rich, poorer get poor. to the poor get richer under socialism and marxism and taxation of successful people. >> the answer is no. absolutely not. what is intriguing about that is you don't have the look outside this country or that far to 4eu69 -- the history books, in most progressive states in america, look at new york state, look at new york city. the greatest income inequality in the world, in the world, look at california. look at exodus from these places. try to start a business as someone who is not already wealthy. it is really amazing, we see first hand that the notion of high taxes is somehow equalizer it makes all things right, unfortunately people go with their emotions over common sense and over historical facts, let's go grab the pitch forks and let's go door-to-door to these rich fat cats who don't may taxes, after amazon, the second largest employer in america last year, hundreds of thousands of people were losin

"your world" with charles payne in for neil cavuto is right now. good afternoon and see you back here tomorrow. >> charles: you're looking live at the white house where president biden and vice president kamala harris are sitting down with the bipartisan group of lawmakers. he says he's serious about reaching a deal on infrastructure, but some republicans say it's for sure. welcome. i'm charles payne in for neil cavuto, this is "your world." coming up, we'll speak with mississippi republican senator roger wicker in that meeting. first, kristin fisher at the white house with the very latest. kristin? >> charles, president biden just finished sitting down with this bipartisan group of lawmakers to begin the process of gauging the support he can get, if any, for his american jobs plan. what is really interesting here, who was not in the oval office for this meeting that just wrapped up. none of the four republicans at the white house today are known for brokers deals with democrats. there's no susan collins or mitt romney that said they tried to compr

charles: i'm charles payne this is "making money." the market in caution mode. following another record-setting run last week saw the lowest so oomph of the year. a lot of things bugging investors, powell, inflation, we'll look at every single one of them. earnings roll out today and our experts are here to make you money. president meeting with both parties this hour. will he try for bipartisanship this time around? reaction from patrice leone walk the white house push for the green nirvana. all that and more on "making money." ♪. charles: markets opened sideways and the meandering trend continues that goes back to last week. the volume dried up to the lowest level of the year. interestingly enough, the so-called fear index, the vix drifted to the lowest levels in more than a year. the market is extremely fearful sort of right in the middle. the question is, what is the message of caution? what is the market feeling? i'm saying last week was a jerome powell sally field moment, you like me, you really like me. no matter what he will keep this party going. thin

here's charles payne. charles? charles: hey, neil, thank you very much, my friend. good afternoon, everyone, i'm charles payne, breaking right now. by the way this is "making money." the s&p 500 adding to its record as the earnings season is kicking off. mixed reaction from big banks making big bets. this is the challenge moving the share price this earnings season. we'll tell you what to look for the biggest story in the investing world coinbase going public adding more legitimacy into crypto as bitcoin continues to soar into the stratosphere. we have all the angles covered for you this hour including the analyst who says coinbase is going to $600 a share. a brewing scandal involving the border. biden officials, hundreds of millions of dollars has tennessee senator marsha blackburn is this how the administration is going to fix the border mess? and going to war with the gop. all that and more on "making money." ♪. charles: so stocks were edging higher for most of the session. you know, sort of that old adage begat new highs. but internals have been really, really

good afternoon, everyone, i'm charles payne and this making money. you know all the major indices are pulling back. this is of course from record highs. investors break from flury of earnings. david talked about it. investors are becoming very nervous as 48% will hold on buying. what has this market and investors so concerned right now? i have some of the best in the business to help us with all of that. while the market is sideways the biggest names in crypto are anything but as mainstream credibility was surging and coinbase offering casting some doubts is history going to repeat itself? i'll explain. as biden approaches his first 100 days his agenda to remake americaing a a progressive nirvana coming into full focus. we'll look how his radical moves could cost us a whole lot of money. i'm joined by liz peek and a whole lot more. all that and more coming up on "making money." ♪. charles: i'm going to take you down a little trim down memory lane, march 17th, 2000, in amsterdam a company called world online went public. it went on line with paltry

to charles payne right now. hey, charles. charles: good seeing you, neil, my friend. i'm charles payne. this is "making money." breaking now the s&p 500 back at a record high despite the biggest scrum in inflation in nine years. the question, is this temporary or not. we're less than 24 hours for the most exciting ipo in years. coinbase how much will investors chase the stock. we'll discuss. our market experts will weigh in on all of that. meanwhile millenials are extremely confident these days. some in fact say too confident. i love it. we'll see what rebecca walser has to say. she will weigh in. shocking news that neil was talking about on the vaccine front. the cdc and the fda announce a pause on johnson & johnson shots because of a handful of blood clots. i will ask dr. jenette nesheiwat what she thinks about the risk. we have art laffer to compare biden-nomics versus trump-nomics all that and much more on "making money." ♪. charles: two big news items right before the opening bell. the centers for disease control advising the pause on the johnson & johnson covi

now to charles payne. charles: good afternoon. i'm charles payne, this is "making money." breaking right now, we continue to follow the scene that's unfolding outside the capitol right at this moment. a suspect shot after ramming a car into officers. let's go to hillary vaughn who is inside the capitol for the very latest. >> reporter: charles, the scene remains really active here. for perspective, i'm here in the russell rotunda, and just to my left outside the window is the capitol dome. beneath that on the sidewalk in the driveway outside of those capitol steps is where this scene unfolded just about 15-20 minutes ago. we got an alert overhead here at the capitol, several beeps, and then a message that said there was an external security threat. everyone within the capitol complex needed to remain inside the building and not to go outside. we looked out the window towards the capitol dome and saw what you should probably be seeing right now either in live pictures or video that we sent in. there is a vehicle, a blue sedan that crashed into a barrier that is designed to

neil: all right, that'll do it for us, now to my buddy charles payne. hey, charles. charles: hey, neil have a great weekend my friend, good afternoon, everyone i'm charles payne this is "making money", and simply slated this earnings season, facebook and apple are higher, and also, amazon today as well, but there is something bothering this market, because well it's not acting like this is the strongest earnings season ever. plus with everyday prices summarying and free money to folks that stay-at-home, the working class is furious, and rightfully so. why a spike in inflation will cost massive upheaval in a mid-term elections and while president biden was pitching green jobs to the american people, gm was agreeing to make more electric vehicles, in mexico. why the so-called union president will he ever step up to help the american workers, this is his first big test. all that and so much more on making money. all right, so the market began this session at an all-time high but the under current of anxiety that's actually been lingering for weeks has reared its ugly he

we're on that so is charles as he takes over the next hour. charles payne. hey, buddy. charles: hey, neil, thank you very much, my friend. good afternoon, everyone, i'm charles payne. this is "making money." breaking right now the market is trying to break out here responding of course to the ultimate catalysts which are strong earnings. the biggest names posting the biggest results livings up to the hype and then some. which companies are on fire and must be in your portfolio and certainly on your radar. not even a day after jay powell says he is ready to let the economy run hot, inflation rears its head in today's gdp report. can the fed chair stand firm? i will ask larry kudlow. what does think about president biden he's enpitch to america, i will ask senator ted cruz on the gop plans to fight back. that and so much more on "making money". ♪. >> look, the big tax cut of 2017, remember it was supposed to pay for itself. that is how it was sold. it generate vast economic growth. instead it added $2 trillion to the deficit. it was a huge windfall for corporate america

here is charles payne to take you through the next hour. charles, take it away. charles: brian, thank you so much, my friend, brian brenberg. i'm charles payne. this is "making money." breaking right now, sometimes old and steady is better than sexy and unproven. trucks and have been soaring, fraught think names like tesla say they have been struggling -- frothy. speaking of tesla, what can we expect from musk and company? how should you be positioned how they post their earnings after today's close? president biden's low in approval rating, centrist democrat win as congressional seat in louisiana. it is major news. i will break down how america is revolting against the ultraprogressive agenda. how his war on the rich will affect you. that's right, it affects everyone. i have former utah congressman jason chaffetz to help me there. speaking of president biden, how the administration plays catchup after denying vaccine materials to india. worldwide outrage. all that and so much more on "making money". ♪. charles: all right, so stocks for the most part meandering

charles payne right now. hey, charles. charles: thank you very much, neil. good afternoon. i'm charles payne this is "making money." breaking right now we have a rally on hands. manufacturing is simply exploding and fewer people are losing their jobs. corporate profits getting a major boost as well. there is a new investing dilemma, however, do you chase the winners or bottom fish among the losers? we have a panel of experts that help us sort it all out. retail sales crush -- who will be winners once the stimmie checks are up? it will steak more than lip service and chump change but will need meaningful change to match your rhetoric. all that and so much more on "making money." ♪. charles: a strong day for the stock market but these gains do not even come close to telling the story of all the data that came out this morning. we're talking monster bank earnings, monster retail sales, manufacturing renaissance. it keeps getting stronger. while there is no doubt some of this was built into the market already these tailwinds will keep investment proposition, the long side of

charles payne, to you, my friend. charles: hey, neil. thank you very. good afternoon, everyone. i'm charles payne. this is "making money." breaking right now you heard it. this market was gaining up side momentum until the reports came out, president biden slapping wealthy investors, wealthy being one million dollars with a 43.4% capital-gains tax. that news came out. stocks went south. maybe this is another administrative trial balloon but certainly sent stocks swooning and investors diving for cover. face it progressive nirvana would cost trillions of dollars to build and maintain but the assumption paying for it this way only hurts wall street fat cats is a huge mistake. rebecca walser is here. she can't wait to weigh in. president biden, administration sounds alarm on climate change. i have a guest who knows this stuff really well. he says it is not time to panic. time to innovate. bjorn lomborg will explain. all that and more on "making money". ♪. charles: let's get straight up to hillary vaughn who is live in d.c. with more details on this purported proposal from preside

i'm charles payne in for neil cavuto, this is "your world." coming up, we'll speak with mississippi republican senator roger wicker in that meeting. first, kristin fisher at the white house with the very latest. kristin? >> charles, president biden just finished sitting down with this bipartisan group of lawmakers to begin the process of gauging the support he can get, if any, f

i'm sure charles payne can make it all work at end of this show. hey, charles. charles: great seeing you, david. that is what i do. they call it the cp effect, my friend. good afternoon, everyone, i'm charles payne. this is making money. growth is starting session as momentum darlings. we had guidance less than an hour ago from applied materials. it derailed the tech stocks and sent the nasdaq and s&p lower. how to handle the crazy shifts in the market without losing your head or wallet. we have answers in this show. president biden in virginia, shaving two weeks off his may 1st deadline to make all adults eligible for the vaccine. it is his push for higher taxes and a different kind of capitalism that could reshape our entire economy as we know it. we have details and reaction from two of the best. all that and more on "making money." ♪. charles: you know there is a real good article in the "wall street journal" today on the pham no of momentum trading. it has taken over the market. headline, white hot rally masks mammoth value swings. this is what i've been

my buddy charles payne, host of "making money" on fox business network. you should get if it you don't have it. so charles, let me ask you -- we have gary calpon. let's get your take on this, charles. it's been toyed the idea of bringing the rate back up to 39. 6%. the notion that this would be combined with personal rate -- you get the idea. the markets for the first time digest it and say this is looking more real. what do you think? >> yeah, you're right, neil. the forehandle -- nobody was thinking -- there's a reason to have 39.5%. felt like you didn't want to go into the 40% range. so the 43.4 was a jarring number. you talked earlier how that adds in obamacare to pay for that. my social media blew up over this. bothers me there's two narratives here. one, i don't make a million dollars a year. i don't care. two, these people are rich. you know, this is -- this kind of thinking is going to kill this country. we saw the reaction to the stock market. we do not want a stock market -- we don't want a prolonged bear market because the poorest people in thi

i want to bring my buddy charles payne in. he's steps way back and takes a look at the winners and the losers of not only stocks but people. charles, one of the biggest winners had to be jeff bezos. i know amazon stock has made him obviously a billionaire many times over and a worth over $200 billion. the richest man on the planet. that is a nice backdrop, huh? >> it's an amazing backdrop. not long ago, i was looking at photos when they first started. if you would have said then what he has been able to create with his team now is absolutely remarkable. you know, after the third quarter, he's given up the ceo role, going to be the chairman. he's going out on just a magnificent high that really is unparalleled. when you go back to the robert barons and adjust for inflation, never anyone like jeff bezos. he's young enough and hungry enough to make his mark in other places. that's what he's looking for next. >> neil: so you know, it's interesting. we talk about amazon and the fact that he's embraced i believe tim cook at apple as

i'm charles payne, and "making money" starts right now. we're going to break with this, the s&p on track for its fourth weekly gain in a row. are investors too optimistic in what the heck do you buy right now, and what's happening with the russell 2000? i've got market experts with the answers. and in his first face to face with a foreign reeder, pride -- leader, president biden welcoming japan's leader to the white house right now. i'm going to ask one of my favorite economists, brian wesbury, if we should just stop worrying. and as businesses bear the brunt in minnesota, there are calls for peaceful protests, but they seem to be unheard. all that and so much more on "making money." ♪ ♪ charles: the market keeps edging higher as investors really digesting what's been a whirlwind of news this week and economic developments. earnings season has been, the manufacturing renaissance is crushing it, coinbase made its debut. interestingly, however, we may exit this week with more questions than answers, and it's a serious dilemma for investo

thank you very much, charles payne. all right, let's get going here. the biden administration zeroing in on guns earlier today as the president said he wants to end the epidemic of gun violence. but businesses and trade organizations are still laser focused on yesterday's big announcement that raising $2.5 trillion of corporate taxes to pay for a massive infrastructure plan. and, oh, yes, we're getting into it. the national association of manufacturers says that plan will kill a

charles payne with us, now, "making money" host, best-selling author. what do you make of that, charles? he is trying hard to say taxes going up won't ding this economy one little bit. what do you think? >> isn't there something ironic about him saying that and yet janet yellen on the same day trying to get the rest of the world to lower their taxes as well? it's a defacto admission what president biden wants to do hiking corporate taxes will make companies leave. the only thing that maybe that can stop them is if they can somehow get other countries to lower, raise their taxes. neil, it's nuts, really. i'm looking at the average of asia, 20%. europe, 19.9%. the eu, 27, 21.5%. it's, they're not going to do it. it just does not make sense. we're talking about bringing back inversions. everyone says all the large corporations were saying sigh far to america. they are saying it is the bottom line. neil: if the countries refuse to play along, refuse to raise their rates or agree on an accepted global rate what would behoove them to do that? they're already

this major league baseball move, as charles payne over fox business noted took out 50 million from the pockets of black workers and black owned businesses, you can listen to what they say, watch what in a do, in the meantime, if we talk about equity, dealing with securing the election, election integrity, means that the vote of every american every person who votes in atlanta, including the people of color who are voting, would matter, otherwise when you have someone a foreign or, or voting 4 times racing the legitimate votes of american people, last i checks that is all people, many, women, transgender people, gay people, none of us win when our vote gets erased. what they are doing is reinforcing a framework that suggests people of color are too dumb to understand how to get idea, that is absurd and racist. but taking money out of the pockets of these people with atlanta hit as hard if not harder with the pandemic as every other american city it is hypocritical it is damaging it does the opposite of what they say it will do, and with lying or dumb, remember that people surrounding th

i'm sure charles payne can make it all work at end of this show. hey, charles. charles: great seeing you, david. that is what i do. they call it the cp effect, my friend. good afternoon, everyone, i'm charles payne. this is making money. growth is starting session as momentum darlings. we had guidance less than an hour ago from applied materials. it derailed the tech stocks and sent the nasdaq and s&p lower. how to handle the crazy shifts in the market without losing your head or wallet. we have answers in this show. president biden in virginia, shaving two weeks off his may 1st deadline to make

right now to charles payne. hey, charles. charles: neil, thank you very much be my friend. good afternoon, everyone, i'm charles payne, this is "making money." the market kicking off the second quarter with a bang. the s&p hitting an all time high. money continues to rotate back into tech stocks. is it time to get in on the action? i have a panel of experts what you need to know right now. while president biden holds his first cabinet meeting today, the middle class are wondering if the taxes are going up. there are more than economic dilemmas with the proposed infrastructure by we'll cover the political and moral issues with amazing guest, including former congressman

charles: hey, neil have a great weekend my friend, good afternoon, everyone i'm charles payne this is "making money", and simply slated this earnings season, facebook and apple are higher, and also, amazon today as well, but there is something bothering this market, because well it's not acting like this is the strongest earnings season ever. plus with everyday prices summarying and free money to folks that stay-at-home, the working class is furious, and rightfully so. why a spike in inflation will cost massive upheaval in a mid-term elections and while president biden was pitching green jobs to the american people, gm was agreeing to make more electric vehicles, in

charles: i'm charles payne this is "making money." the market in caution mode. following another record-setting run last week saw the lowest so oomph of the year. a lot of things bugging investors, powell, inflation, we'll look at every single one of them. earnings roll out today and our experts are here to make you

to charles payne right now. hey, charles. charles: good seeing you, neil, my friend. i'm charles payne. this is "making money." breaking now the s&p 500 back at a record high despite the biggest scrum in inflation in nine years. the question, is this temporary or not. we're less than 24 hours for the most exciting ipo in years. coinbase how much will investors chase the stock. we'll discuss. our market

payne on the business of politics in private companies. a girl who challenge the pittsburgh police officer to a foot race was up against a former football player. about 14 minutes. >> the cdc admitting no proof the j and j vaccine causes blood clots. >> so you can educate the clinicians to diagnose to treat this condition because the usual treatment could make things worse. >> you haven't established a link between the vaccine and blood clotting events. >> no. >> >> causing scientific experts to wonder if it causes an overreaction was joining us is hans -- johns hopkins professor at fox news contributor. on the low end with 66.3%, three days ago they walked this back to do more research on this. in your opinion should this have been singled out, the age group of the women experiencing these issues, they don't know if there was a direct link between the vaccine and blood clots. >> even if there was a direct link i would not shut down a recommendation for everybody, a big reversal if there's a pause, where the clocks are observed, 6 out of 7

here's charles payne. charles? charles: hey, neil, thank you very much, my friend. good afternoon, everyone, i'm charles payne, breaking right now. by the way this is "making money." the s&p 500 adding to its record as the earnings season is kicking off. mixed reaction from big banks making big bets. this is the challenge moving the share price this earnings season. we'll tell you what to look for the biggest story in the investing world coinbase going public adding more legitimacy into crypto as bitcoin continues to soar into the stratosphere. we have all the angles covered for you this hour i

good afternoon, everyone, i'm charles payne and this making money. you know all the major indices are pulling back. this is of course from record highs. investors break from flury of earnings. david talked about it. investors are becoming very nervous as 48% will hold on buying. what has this market and investors so concerned right now? i have some of the best in the business to help us with all of that. while the market is sideways the biggest names in crypto

here's my buddy, charles charles payne. ing. charles: good afternoon, everyone, i'm charles payne, and this is "making money." the market is bouncing back, but investors are still rattled, and it's not just because of a tidal wave of taxes. we're talking about strong earningses that continue to come in really nicely, even beating the most optimistic expectations. speaking of which, one of the biggest beats coming from noun other than mattel. the toymaker is driven by renewed interest in physical toys and adventures on the big screen. the ceo is joining me live to explain why nostalgia is also helping drive new

i'm charles payne, and "making money" starts right now. we're going to break with this, the s&p on track for its fourth weekly gain in a row. are investors too optimistic in what the heck do you buy right now, and what's happening with the russell 2000? i've got market experts with the answers. and in his first face to face with a foreign reeder, pride -- leader, president biden welcoming japan's leader to the white house right now. i'm going to ask one of my

now to charles payne. charles: good afternoon. i'm charles payne, this is "making money." breaking right now, we continue to follow the scene that's unfolding outside the capitol right at this moment. a suspect shot after ramming a car into officers. let's go to hillary vaughn who is inside the capitol for the very latest. >> reporter: charles, the scene remains really active here. for perspective, i'm here in the russell rotunda, and just to my left outside the window is the capitol dome. beneath that on the sidewalk in the driveway outside of those capitol steps is where this scene unfolded just about

we're on that so is charles as he takes over the next hour. charles payne. hey, buddy. charles: hey, neil, thank you very much, my friend. good afternoon, everyone, i'm charles payne. this is "making money." breaking right now the market is trying to break out here responding of course to the ultimate catalysts which are strong earnings. the biggest names posting the biggest results livings up to the hype and then some. which companies are on fire and must be in your portfolio and certainly on your radar. not even a day after jay powell says he is ready to let the economy run hot, inflation rears its head in today's gdp report. can the fed chair stand firm? i will ask larry kudlow. what

let's bring in charles payne. it's so good to have you here, feel like it has been a little while. so tell us what we need to know here as far as what joe biden in terms of raising taxes for this massive infrastructure to plan and all kinds of things, spending is through the roof right now. what does that mean for jobs right here at home? >> that was a national manufacturing, an assortment and less incentive to work, businesses leaving america, and remembered during the obama biden white house we learned the term inversion. we are an american corporation and somewhere in this country were fooling in other countries so they can get a lower tax rate. what's amazing to me is that janet yellen is now working as the secretary of treasury on what they call a global minimum tax. it's a crazy idea but the fact that she is working on this is an admission by the administration that 28% tax rate would be uncompetitive in the global economy. >> sandra: is there a number you could agree to? gary cohn formerly under the trump administration has even gone on the record saying the trump administra

we've got charles payne looking at all of that, the impact right now. hey, charles? charles: neil, only been 100 days. give him some time. thanks a lot. good afternoon, everyone. i'm charles payne. this is "making money," right now. everyone on pins and needles. they brace for news events and react to the implications of them all. the fomc gather something coming to a conclusion. the street expects no change in policy but we have one of the most anticipated question and answer periods following the fed chair jay powell. that is at 2:30. president biden will make his pitch to spend another $1.8 trillion for things like early pre-k, free community college while saying rich should pay their fair share. his approach to get everyone involved in the economy is not really all hands on deck. industry still digesting a avalanche of corporate earnings. big ones after the bell. apple, facebook, a lot to decipher. let's go to washington, d.c., and edward lawrence. >> the federal reserve decided to keep the rate unchanged. they're saying in this they added a sentence, amid progre

and charles payne, host of "making money." welcome to you, kennedy and charles. senator scott addressing the divisi

charles payne, to you, my friend. charles: hey, neil. thank you very. good afternoon, everyone. i'm charles payne. this is "making money." breaking right now you heard it. this market was gaining up side momentum until the reports came out, president biden slapping wealthy investors, wealthy being one million dollars with a 43.4% capital-gains tax. that news came out. stocks went south. maybe this is another administrative trial balloon but certainly sent stocks swooning and investors diving for cover. face it progressive nirvana would cost trillions of dollars to build and maintain but the assumption paying for it this

here is charles payne to take you through the next hour. charles, take it away. charles: brian, thank you so much, my friend, brian brenberg. i'm charles payne. this is "making money." breaking right now, sometimes old and steady is better than sexy and unproven. trucks and have been soaring, fraught think names like tesla say they have been struggling -- frothy. speaking of tesla, what can we expect from musk and company? how should you be positioned how they post their earnings after today's close? president biden's low in approval rating, centrist democrat win as congressional seat in louisiana. it is major news. i will break down how america is revolting against the ultraprogressive agenda. how his war on the rich will affect you. that's right, it affects

fox business charles payne says democrats pretend big spending bills are one thing when they are willing a disguise for their lecial agenda. >> now that you're armed with notion that you can just spend as much as possible -- knowing the american public is still not ready for something that outrageous you have to, you have to sort of dress it up. you have it give it a name so covid relief now mask the reintroduction of the great welfare society. infrastructure will now mask the green new deal, and so on. the one that's in the cue right now that i find interesting next one after two trillion for quote unquote infrastructure, will be human capital i'm not sure how they're going frame that because they're telling us taking care of elderly folks is same as building a bridge. >> paine went ton criticize president prpgzed 28% corporate tax rate calling him disingenuous in his push for it. police in los angeles are trying to find motive after a woman is suspected of killing her three young children. liliana arrested 200 miles north of the scene. the children's father was reportedly battling for

liz: charles payne, i will take it, and it may be opening day for major league baseball, but it's the markets that are knocking it out of the park. look at the s&p 500 crossing the 4,000 mark for the first time ever as team biden convenes for its first official cabinet meeting the fine tune its $2.25 trillion infrastructure sales pitch. included in that spending package if, a cool $180 billion for clean energy. interestingly, it comes just as fossil fuel giants take the lead at this hour on the s&p. which side to choose when it comes to investing, the u.s. arm of a french bank now showing major money muscle due to the side it picked ten years ago, well before biden's plan took shape. here in a fox business exclusive, bnb paribas' usa ceo on the investment now paying off for his clients. and the core's john levy is here just in time for baseball's return. wait this you see his stocks return. and a johnson & johnson covid vaccine shocker, the big mix-up that has investors seeing red here in the final hour of trade. we begin with a fox business alert. president biden wrapping up a meetin

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our stock system engineer, charlie payne right now. hey, charles. charles: i love that transition. great seeing you my friend. good afternoon, everyone, i'm charles payne this is making money. breaking right now, looks like the dam has broken. weakening underlying internals finally tripped up this market sending all the major equities lower what happens when all the money turns down and nothing seems to be working? hide out if blue-chips, buy the weakness or waste for the dust to settle? we have insight you need on this show right now. another day, another wall street elite taking on crypto, and getting personal. it is doge day. is it more than a parity. he has the answers. what is america's second largest city to do with the massive pile of stimulus money? why not spend it on universal basic income. i'm breaking down why throwing more money at these issues will not fix the root problems. all that and so much more on "making money". ♪. charles: sew perhaps the rally is being held up to unrealistic standards, but guess what, every now and then there is a pause in the action but th

ashley: thank you very much, charles payne. looking forward to that coinbase debut next week on the nasdaq. thank you very much, charles. breaking news for our viewers, president joe biden making his pitch for the american jobs plan otherwise known as infrastructure, fixing the nation's roads, rails and power lines. but, oh, yeah, also raising corporate taxes. the president hoping for bipartisan support for trillions in new spending but claiming inaction is just not an option. we will go live to the white house for a full recap on the president's comments. meantime, the markets have been pretty mixed for much of this, and they are just that at the moment. in his much-anticipated annual letter, jpmorgan chase chairman and ceo jamie dimon says get ready for the u.s. economy to boom. our floor show trade thers will dissect all of that and more. while astrazeneca is hitting a bump in the road with its coronavirus vaccine, one company is hoping the fda will green light a new drug to treat the deadly disease. neurorx ceo dr. jonathan