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FBC Making Money With Charles Payne July 13, 2024

600 milliondollar bet for coty. All this on making money. Charles were finally pulling back. Dow, s p from record territory. There are more reports out of china the negotiation, the u. S. Hasnt shown a positive response to pulling back all the tariffs. President trump continues with the same line he is holding firm. Take a listen. China will have to make a deal i like. If they dont thats it, okay . Im very happy with china. Theyre paying us billions and billions of well be over 100 billion in nottoodistant future. China never gave us 10 cents. With that being said, i have Good Relationship with china. Well see what happens. Im very happy now. If we dont make a deal with china, i will raise the tariffs higher. Neil big loser is home depot. Weighing on the dow. Missed on Comp Store Sales for the Fourth Quarter in a ro ....

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FBC Making Money With Charles Payne July 13, 2024

Charles boeing is up. Was up a lot more after it continues to expect the 737 max to return to service this year. Jackie the initial reaction sent shares down. It was down to 330 a share but as high as 346. What changed the dynamics . Reporter good afternoon, charles. On its face this was a big eps miss. 1. 35 expectation of 2. 09. Revenues were slightly higher than expected. What was said about the 737 max plane. Anment acknowledges they still plan to get it up and running in the fourth quarter. Ceo Dennis Muilenburg said it is a top priority to return it to safe service. That is all it took to get analysts excited. Credit suisse had a note that there was no incremental negative news on the 737. That is really all investors wanted to hear. They looked at this as a crisis. The company is handling it. They are managing it. We baked it into the numbers and it will be on target to get back up and running. Having said that, im not s ....

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FBC Cavuto Coast To Coast July 13, 2024

These folks being added to the blacklist so to speak. Spokesman for the Chinese Foreign Ministry Says these accusations are nothing more than an excuse for the United States to deliberately interfere with chinas internal affairs. China will continue to take firm and resolution measures to protect its sovereign security. On the list, hike vision, the Worlds Largest supplier of surveillance equipment. They released a statement, that they have been engaging with Administration Officials the last 12 month to clarify misunderstandings about the company and addresses their concern. The company opposes this decision. They are not happy by deleted tweet about it general manager of the
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FBC Cavuto Coast To Coast July 13, 2024

He joins us from detroit with the latest. Hey, grady. Reporter hey, neil. As you said we dont know the specific details of this contract but the news it has even been agreed upon by the two sides is just trickling down to the workers here. Obviously theyre pretty excited by the news. I want to bring in jessica. You came from the plant you work in at indiana to be here at the Renaissance Center where the negotiations are happening. How do you feel you know there is an agreement . Even though it is cold and rain any were excited to be out here at this critical moment representing the union and good news. Reporter what has been on strike without pay . It has been hard on a lot of people. 2 a 50 week a not as at all. Reporter youre a temporary worker, negotiations are behind closed doors. Were told this created a pathway for somebody like you who has worked three years consecutively, will be able to get fulltime employment f that ....

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FBC Making Money With Charles Payne July 13, 2024

Growth, trade uncertainty, lower inflation. A number of participant thought it would better align the feds benchmark Interest Rate with socalled neutral rate, the rate that neither spurs nor slows growth. Several members want to the maintain rates. Not cut rates last seening. They thought the economy was in fine shape and they wanted to save firepower for when the economy actually deteriorates. There were a couple who wanted a 50 basis point rate cut. We know one of those was st. Louis fed president bullard. Going forward, more concerns about risks to the outlook in terms of trade uncertainty, slowing global growth. They are looking at protests in hong kong. They see a significant probability for a nodeal brexit. They see what is going on in the middle east, how that could impact the outlook for the economy domestically. Several members also discussed the job market. They do still see the job market as strong. However they are look ....

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