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Transcripts For FBC Making Money With Charles Payne 20240713

Many citizens are demanding an end to stayathome orders right now. Well have the very latest on this revolt. One country, south korea seems to be doing right. All that and so much more on making money. Charles all right. Stocks under pressure all day long but it is crude oil the center of attention, folks. The may contract down 98 , a record low. On friday, Energy Companies ironically they were the biggest gainers in the entire market even though crude was down we had a great guest on, a oil executive. We wondered what he thought had to happen with the commodity price. He said that the oil industry had to do something it never did before. Take a listen. The choice is clear right now. We have twoways we can go about this we do nothing. That will lead to single dollar oil prices. It is going to decimate the domestic industry. Over a million jobs will be at risk and it is going to increase our dependency on foreign oil. Or we are part of a Global Solution to what is clearly a global probl

Transcripts For CNBC Power Lunch 20240713

Arabia and anybody else involved energy has been the big mover here today its remarkable to me. I want to point out apache at 4 it was a 60 stock a few years ago. Yet people are still buying it it always amazes me. Continue n contin continental. Restaurant, weak today a breaker came out and suspended its guidance unably all the stocks in that space. The red robins, papa johns, wendys d wendys, dominos are all down 5, 6, 7, 8 partly for the same reason, kim kimco came out and suspended guidance as well thats not helping their competitors out there. Utilitiel down yesterday if theres a rent holiday, the banks, the utilities are all going to be hit by that. You till ti utilities not paying the bills those are the three sectors that could be hit pi any rent rent holiday. Not paying bills and the Shopping Centers are bearing the brun brun brunt of that pain back do you. Thanks very much. The number of americansrocketing over the past two weeks. Lets get to steve for the e e details. I want

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