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first, peter doocy with the fall-out from the russia talks and why feds have the investors rushing to sell today. peter? good evening from switzerland. ransomware and cyber attacks were a big part of the discussion today. the president says he gave putin a list of 16 different critical infrastructure types within the united states that must not hack. basically a do not hack list. but putin tried to turn allegations of cyber mischief back on the u.s. i say how would you feel in ransomware took on the pipelines from your oil fields? he said it would matter. and now that the president and putin are going their separate ways, i tried to figure out at the press conference what is next with the covid-19 origins investigation. you signed on to the g-7 communique that said the g-7 were calling on china to open up to let the investigators in. but china basically said they don t want to be interfered with anymore. what happens now? certain things you don t have to expla ....
capital gains tax is right now. what this means and why it unnerved wall and broad, the notion that people that locked in on profits and big gains might want to catch out before this comes to pass, if it comes to pass. that s the big question. dow jones off a little north of 33,800. still advanced. there s growing concerns as to how this would be implemented if it comes at all, who is targeting, the million over crowd. the bottom line here, look at this, combined tax rates across the country, if this were to go in full effect, in california, they would be 56.7%. in new york, they would be north of 52%. we re going to get in to the implications of this because it s not just the rich and the reverberations for maybe your funds, pension funds and 401(k)s could be on the line as well. remember what starts with an idea often gains traction as this has to pay for a lot of other ideas. welcome. i m neil cavuto. this is your world. we re all over the implications of something ....
how about the timing of this news play out? welcome, everyone, i m sandra smith in for neil cavuto and this is your world. justice steven breyer set to retire after the current term. giving president biden a first crack at filling the seat on the high court. bret baier on what role this will play in the midterms. first to peter at the white house. we didn t hear any kind of a detail what comes next. the white house doesn t even want to say who, or which official works here who will be in charge of the search for replacement. president biden was asked briefly about this but he wanted his focus to be entirely on build back better . every justice has the right and opportunity to decide what he or she is going to do and announce it on their own. there has been no announcement from justice breyer. let him make whatever statement he s going to make and i will be happy to talk antibiotic later. joe biden was there at the beginning almost 28 years ago when justice breyer ....
i m charles payne in for neil cavuto. susan li has more on what s driving the inflation surge. susan? charles, that s right, get used to the higher prices. they ll be here for a while. you re paying the highest price jump in 40 years in december. consumer prices as you mentioned rising 7% last month. that is the highest year over year increase since the summer of 1982. prices rising almost twice as much as wages were last month. so there s still sticker shock at the stores. food prices were up 6%. filling up your gas tanks cost more than a year ago and used cars are fetching premium pricing. the white house is sticking to the promise of eating pricing. the president said the report underscores that we still have more work to do with price increases still too high and squeezing family budgets. the white house trying to calm household concerns. the latest fox business poll shows a third of americans are worried about higher prices. in fact, it s the overwhelming top ....
they re out the door. susan li on what is happening now at one company, just the latest company to say get the shot or get out. that s right, neil. get vaccinated by next week or you will be fired by the end of this month. citi group is the first major bank to implement a strict covid-19 mandate. this applies to all of the 70,000 staff, regardless where they live. so that means that those that live in florida, texas, missouri and kentucky where they don t have a vaccine man tate for big businesses, they will also have to get the job. if you don t live in new york, you have to comply. citi group s vaccine mandate goes a step further than others than goldman sachs, j.p. morgan and bank of america requiring vaccines but only if you go in the office. not all employees are happy about this. many complaining about the huge overreachthat many have felt where there s a federal mandate for workers to get vaccinated. mayo clinic fired 700 staff who had to get their shotspy this ....