Charles Payne Net Worth is$10 Million
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Profession: Journalist
Charles Payne net worth: Charles Payne is an American journalist and television personality who has a net worth of $10 million dollars. Charles Payne served in the United States Air Force, and attended Minot State University and Central Texas College. He went on to work as an analyst for E.F. Hutton on Wall Street in the mid-80s. From there, he founded his own firm, Wall Street Strategies. He is the company CEO and primary analyst. In 2007, he began working with the fledgling Fox Business Network. He is a co-host of "Varney & Co.", and regularly appears on a variety of Fox News Channel shows, such as "Cavuto on Business" and "Bulls and Bears". He recently came under intense scrutiny, when it was revealed that he had accepted compensation to promote particular stocks. It is not the first time he has run into problems with this, as his company was fined in 1999 for a similar issue.
Charles Payne is a Fox Business Network contributor and co-host of "Varney & Co." He joined the network at its launch in October 2007. Payne is also a contributor to the Fox News Channel, frequently appearing on shows such as "Cashin' In," "Cavuto on Business," and "Bulls and Bears." In addition to his work with Fox, Payne also hosts his own daily syndicated talk show The Payne Nation, by Sun Broadcast Group.
Payne is also the chief executive officer and principal analyst of Wall Street Strategies, an independent stock market research firm he founded in 1991. Payne began his career on Wall Street as an analyst at E.F. Hutton in 1985. He served in the United States Air Force, attending Minot State University and Central Texas College while in the service. He is married, and has a son sharing his name.
In August 2007, while on Fox News, he said regarding the looming recession and housing crash that the, "worst was over." He went on to suggest buying financial stocks just prior to their mass collapse in price. Then again in December 2007, while on Fox News, he claimed that by the second half of 2008 the, "housing market would be a lot better than it's been in 2007, [as well as] the auto market." He went on to claim that unemployment would dip to 4.7%. He then recommended the purchase of Washington Mutual bank stock prior to its filing of Chapter 11 bankruptcy. He claimed that the Dow Jones Industrial Average would hit 16,000 in 2008 but that the "big winner" would be the NASDAQ.
Payne was paid by several companies to promote their stocks. In 1999, Payne was fined $25,000 by the Securities and Exchange Commission for promoting stocks without disclosing that he had been paid to promote the stocks.

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Charles Payne Latest News

Oklahoma’s Fake Meat Law Shutters Rancher’s Business

The Paynes had to temporarily stop their business on October 1, but action by Oklahoma Speaker of the House Charles McCall helped make some changes to the law, and, “We all get to stay in business.
Posted: November 4, 2019, 8:03 am

Girls Volleyball: Batavia coach Lori Trippi-Payne calls it a career

AURORA – Lori Trippi-Payne showed virtually no emotion after conveying her thoughts on Waubonsie Valley ending the Batavia girls volleyball season Tuesday evening in Aurora. “We had played better ...
Posted: October 29, 2019, 8:31 pm

S-C Tigers end season with loss at Ft. Zumwalt North

He and senior quarterback Cairo Payne set up the score with a 42-yard reception to ... The Panthers (10-0) are scheduled to host Battle (7-3) next week in St. Charles County.
Posted: November 8, 2019, 8:33 pm

Payne: New report shows 'egregious' California taxes continue to drive out big earners

California's tax plan is "so egregious" that residents of every socioeconomic background are leaving the state, host of Fox Business Network's Charles Payne said Wednesday. California Democrats have ...
Posted: October 23, 2019, 5:18 am

John Morgan

John Ronald Morgan of Chattanooga, TN born March 29, 1940 in Fort Payne, AL to the late Ronald Rudolph and Miriam Josephine Morgan ... One of last remaining WWII Medal of Honor recipients dies; ...
Posted: November 7, 2019, 9:23 pm
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