The S&P 500 is near 10-month highs, but next week’s Fed meeting is looming over the markets. Will the FOMC pause, or press on? We’ll get the take of a former Fed official, and break down what it all means for the markets and economy. Plus, reaction to the PGA Tour-LIV Golf merger was swift, and sometimes angry. But if fans and sponsors eventually look past the Saudi money, could it soon come for other U.S. sports teams? We’ll explore.
Jun 07, 2023•43 min
AI is everywhere right now. Apple is breathing new life into VR and the metaverse. And there’s a renewed crackdown on crypto. Which is a fad, and which is the future? We’ll debate. Plus, we’ll get a view on the consumer and the economy from the CEO of Boot Barn. Will people keep buying boots and hats if the economy enters a recession? We’ll explore.
Jun 06, 2023•43 min
Apple’s big WWDC event is underway. We’ll get live reports from Cupertino throughout the show as any news develops. Plus, America is having a heated debate about a controversial topic: tipping. Are we paying for service, or subsidizing workers’ salaries? We’ll debate.
Jun 05, 2023•46 min
Stocks are jumping today, as you add a new debt ceiling deal to a much better than expected jobs report. The economy added 339,000 jobs in May, the 29th straight month of positive job growth. While the unemployment rate rose to 3.7%. Wages rose too, though not as fast as expected. We’ll dig into what the strong labor market means for the Fed & stocks.
Jun 02, 2023•44 min
Investors received some important economic headlines today. ADP data came in above expectations, while manufacturing activity contracted. There’s also a big jobs report is on deck tomorrow. While Fed officials like Patrick Harker are indicating a rate “skip” could be in the cards. Because of all that, we wanted to perform some “Econ Recon” across key industries to get a better sense of the economy. We’ll explore retail, real estate, supply chains with the CEO of Prologis, and restaurants with fa...
Jun 01, 2023•44 min
The Fed is releasing its beige book today. We’ll wrap up the most important insights for you. Plus, what if companies are the ones keeping prices high for their own benefit? We’ll explore the concept of “Greedflation.” And, more companies are being sucked into social debates at the center of American discourse. Are the days when corporations could appeal to all gone? We’ll debate.
May 31, 2023•44 min
May 30, 2023•44 min
Artificial Intelligence is what everyone is talking about right now – from boardrooms to living rooms across the country and world. What everyone wants to know: is Microsoft or Google winning the AI race? Is ChatGPT going to replace my job? And does AI pose a real threat to humanity? We’ll discuss all of those topics and much, much more – including the industries already being disrupted, potentially changing life as we know it.
May 26, 2023•43 min
Nvidia is soaring after its AI-driven results, dragging any potential AI beneficiary up along with it. We’ll dig into the numbers, and also ask if AI is being overhyped. Plus, mortgage rates are now above 7%. And now hardly anyone is willing to move and give up their low interest rate. We’ll talk about what that’s doing to the housing market.
May 25, 2023•43 min
Federal Reserve officials were divided at their last meeting over where to go with interest rates, with some members seeing the need for more increases while others expected a slowdown in growth to remove the need to tighten further, according to the latest minutes. We’ll explore where the FOMC goes from here, and what it means for markets & the economy. Plus, champagne sales were booming coming out of the pandemic. But will the slowing economy and environment factors burst the champagne mar...
May 24, 2023•43 min
Retail earnings reports are creating a worrying picture of the consumer. But former Fed Chair Ben Bernanke says a soft landing is still possible. We’ll explore. Plus, CNBC is gathering business leaders at its CEO Council Summit. We’ll talk to the CEO of Crocs about all of the issues Wall Street is talking about right now.
May 23, 2023•43 min
May 22, 2023•44 min
President Biden has a busy weekend on deck. Today he’s in Japan meeting with G-7 leaders on Russia, China & more. While halfway across the world, negotiations on the debt ceiling are reportedly stalled ahead of a fast-approaching deadline. We’ll discuss. Plus, retail has a shrink problem. Theft is hitting the bottom line big time, and it’s not kids shoplifting – it’s organized crime. We’ll explore the issue.
May 19, 2023•44 min
Everyone’s talking about AI right now: its impact on society, markets and the world. And 7 stocks are driving all of the market’s gains, with most of them knee-deep in the AI boom. We’ll discuss. Plus, retail results are coming in. We’ve heard from Walmart and Target so far. But which stock is the better buy here? We’ll ask our analysts to duke it out in an old-fashioned “bull fight.”
May 18, 2023•43 min
In this hour, we’ll break down the key parts of Elon Musk’s exclusive interview on CNBC. The Tesla CEO saying there could be a reckoning for U.S. companies doing business in China, and calling work from home a four-letter word we can’t say on TV! And also saying he’ll keep saying whatever he wants on Twitter, even if it costs him money. We’ll break it all down for you.
May 17, 2023•43 min
Senate hearings are underway on Capitol Hill to discuss exactly what went wrong with Silicon Valley Bank, and what could go wrong with AI too. And the FTC is flexing its muscle yet again, suing to block the major pharma merger between Amgen and Horizon Therapeutics. We’ve got it all covered for you. Plus, we’ve got a big interview coming up on CNBC: David Faber is sitting down with Elon Musk after Tesla’s annual shareholder meeting. We’ll get you ready for that as well.
May 16, 2023•43 min
Peter Merrigan, Taurus Investment Holdings CEO, discusses commercial real estate demand and outlook. Ari Wald, Oppenheimer managing director, joins to discuss three stocks: Alphabet, Dupont De Nemours and Charles Schwab. Bryan Fairbanks, Trex CEO, discusses construction demand, inventory and recession fears. NYU’s Suzy Welch and Conference Board CEO Steve Odland, discusses the corporate agenda and M&A activity returning to the market. Plus, CNBC’s Robert Frank reports on how trouble on Wall ...
May 15, 2023•44 min
You’ve seen the warnings from Hollywood movies before: artificial intelligence will destroy society as we know it. But now, even Wall Street is joining in. One firm is out with a terrifying note, warning there’s a ’50-50 chance’ that AI will wipe out all of humanity. The analyst behind the call will join us to explain his frightening thesis. Plus, Elon Musk is stepping down as CEO of Twitter. While Tesla is raising prices of some of its EVs here in the U.S., but recalling some vehicles in China....
May 12, 2023•44 min
PacWest is down more than 20% today, after reporting a 9.5% drop in deposits in the last week. We’ll explore the latest leg lower for banks, which is weighing on markets today. Plus, we’ll talk to Houston Rockets owner Tilman Fertitta about what he’s seeing on the economy, and the consumer.
May 11, 2023•42 min
Google is holding its big AI event today, with lots of news breaking throughout the day. We’ll bring you there, and ask whether the company can catch up after a slow start in the chatbot race. Plus, the Covid-19 emergency is set to end tomorrow, as far as the government is concerned. We’ll talk about what that means, along with many other health topics, with Dr. Scott Gottlieb.
May 10, 2023•44 min
As the U.S. gets closer to the debt ceiling deadline and a potential default, President Biden is set to meet with Congressional leaders to discuss options. We’ll look at the potential economic damage and market impact. Plus, PayPal is plunging after earnings, issuing weak guidance. Rival Affirm also reports today. We’ll dig into the potential problems at hand for the payments space.
May 09, 2023•43 min
President Biden is expected to propose new rules to make airlines pay customers for delays and cancellations, if the airline is to blame. But how will this affect the carriers? And it sounds great for passengers, but will the costs just be passed onto them anyway? We’ll explore. Plus, Peloton shares have been a disaster for years now. But one analyst just gave it an upgrade. Is the stock really investable now? We’ll debate.
May 08, 2023•43 min
Whether it’s the Federal Reserve’s mission to hike rates until inflation is curbed, or the growing likelihood of a total federal shutdown – it might be time to accept the reality that Washington’s shadow is cast over Wall Street…and maybe for good. Former New Orleans Mayor Marc Morial joins us to weigh in. Plus, as rates continue to climb, are millennials losing hope in the housing market? A new report from BofA shows they expect to pay even more for homes down the line, with no end in sight. We...
May 05, 2023•37 min
We’re watching everything going on in the regional bank crisis. PacWest and Western Alliance are getting crushed. PacWest says it’s weighing a possible sale, while Western Alliance claims it’s not. We’ll cover all of the angle for you. Plus, Apple is set to report earnings after the bell. We’ll get you set for one of the biggest reports on Wall Street.
May 04, 2023•44 min
“Power Lunch” is on the road in Washington, as we count down to the Federal Reserve’s latest interest rate decision. Our all-star panel breaks down everything at stake, while Sen. Elizabeth Warren joins Kelly and Tyler to discuss the economy, the banking crisis & more. We’ll cover all the angles for you right up to Fed Chair Jerome Powell’s press conference.
May 03, 2023•33 min
Regional bank stocks are getting crushed again, dragging down the broader averages with them. The rescue of First Republic not stopping the slide. We’ll tell you all you need to know. Plus, Ashton Kutcher’s venture capital fund just raised $240 million to invest in AI. He’ll join us to talk about that, the Hollywood Writers’ strike and more.
May 02, 2023•44 min
JPMorgan is buying First Republic, as CEO Jamie Dimon declares this part of the banking crisis over. But a big bank is now getting even bigger. Is that a good thing? We’ll debate. Plus, new mortgage fees are going into effect today. Some buyers will pay more, and it’s quickly becoming a controversial issue. We’ll separate emotion from the facts. And, Norwegian Cruise Line is higher on strong results, and reporting strong demand and pricing for this year and next. Is the stock finally a buy? We’l...
May 01, 2023•43 min
Stocks are higher again following yesterday’s monster gains, as the busiest week of earnings season wraps up. We’re digging into all of the big reports, from oil, to tech, to social media and more. Plus, don’t forget about next week’s Fed meeting! We’ll get you set for a big week to come, and tell you all you need to know to be ready.
Apr 28, 2023•43 min
The 2023 CNBC stock draft is officially here! 10 teams of athletes, celebrities and investors competing for stock-picking supremacy. Actor Ryan Reynolds and his partner Mark Douglas, the MNTN Goats will try to defend their title. WWE Superstar Charlotte Flair, TV host Tom Bergeron and NFL stars Ndamukong Suh, DK Metcalf and CJ Mosley are among the competitors this year. Each team picks two investments from a predetermined list. We’ll track each stock's performance from the day of the draft until...
Apr 27, 2023•53 min
UK regulators are suing to block Microsoft’s takeover of Activision, which would likely kill the deal. We’ll discuss the impact for both companies, and the increase of governments standing in the way of mergers. Plus, just when you thought it was safe, the bank crisis is getting ugly again. First Republic is the latest victim, slumping below $5 per share as it attempts to get help from other banks. Can it be saved? We’ll debate.
Apr 26, 2023•43 min
