The port strike is stretching into it’s 3rd day, throwing the U.S. supply chain into a storm. What’s stuck on those ships? Commodities like sugar, coffee and cocoa. We’ll get the latest details. What’s also stuck at sea? Key components for electric vehicles like Tesla’s. That company is getting hurt on 2 fronts: the port strike, and tariffs on parts sourced from China. We’ll discuss that. Plus, speaking of EVs – shares of charger firm EVgo are surging after the company received approval for a hu...
Oct 03, 2024•43 min
The S&P 500 is little changed today, as the market rally stalls amid rising tensions in the Middle East. Nike slid more than 6% after the sneaker giant pulled full-year guidance ahead of its CEO change. Tesla dropped 3% after reporting delivery numbers, though the tech sector is being buoyed by a rise in Nvidia. We’ll tell you all you need to know about today’s market action.
Oct 02, 2024•42 min
Stocks fell Tuesday as growing tensions in the Middle East poured water on investor enthusiasm coming off a strong quarter. We’ll cover this story from all angles for you.
Oct 01, 2024•43 min
CNBC’s Tyler Mathisen and Kelly Evans take you through the heart of the business day bringing you the latest developments and instant analysis on the stocks and stories driving the day’s agenda. “Power Lunch” delves into the economy, markets, politics, real estate, media, technology and more. The show sits at the intersection of power and money. “Power Lunch” gives viewers a full plate of CNBC’s award-winning business news coverage, plus a healthy dose of personality from the show’s anchors and ...
Sep 30, 2024•1 hr 5 min
The Dow climbed to a fresh record high today, as traders digested new data that pointed to further progress in lowering inflation. Wall Street was also headed for solid weekly gains. We’ll tell you all you need to know ahead of the weekend.
Sep 27, 2024•40 min
CNBC’s Tyler Mathisen and Kelly Evans take you through the heart of the business day bringing you the latest developments and instant analysis on the stocks and stories driving the day’s agenda. “Power Lunch” delves into the economy, markets, politics, real estate, media, technology and more. The show sits at the intersection of power and money. “Power Lunch” gives viewers a full plate of CNBC’s award-winning business news coverage, plus a healthy dose of personality from the show’s anchors and ...
Sep 26, 2024•43 min
The Dow and S&P 500 each hit record highs in earlier trading. But we’ll hear from a market expert who thinks a correction back to 5,000 on the S&P is on the horizon. Plus, we’re keeping an eye on Apple. Some troubling signs are emerging about demand for the line of new iPhone 16s. We’ll tell you all you need to know.
Sep 25, 2024•46 min
The S&P 500 rose to a fresh record-high on Tuesday and largely shook off a weak consumer confidence reading thanks to a sharp rise in Nvidia. Consumer confidence suffered its biggest one-month decline in more than three years, hitting 98.7 for September. Economists polled by Dow Jones expected a reading of 104. We’ll tell you all you need to know.
Sep 24, 2024•42 min
Shares of Intel climbed 2.4% after Bloomberg News reported that Apollo Global Management proposed to make a multibillion-dollar investment in the struggling chipmaker. We’ll discuss the details. Plus, shares of Meta Platforms are soaring to all-time highs, with at least 2 analysts making very bullish calls on the stock ahead of the company’s big event next week. We’ll trade it in Three Stock Lunch.
Sep 23, 2024•42 min
Stocks are mixed today, but higher for the week following the Fed’s decision to cut rates by a half-percentage point. But today’s big story: Apple’s iPhone 16 going on sale amid some concerns about demand. We’ll track that for you. Plus, shares of Nike are higher after the company announced a change in leadership. We’ll discuss the challenges facing the incoming CEO.
Sep 20, 2024•41 min
Stocks are surging as traders digest the Fed’s decision to lower interest rates by a half percentage point. The Dow and S&P 500 both advanced to new intraday highs, while the Nasdaq surged nearly 3%. Traders also got further validation that the Fed was engineering a “soft landing” for the economy as weekly jobless claims fell by 12,000 to 219,000, which was far below estimates. We’ll cover the market action from all angles.
Sep 19, 2024•41 min
Stocks are little changed after the Fed lowered interest rates by a half-percent, making investors optimistic about a “soft landing” for the economy. The FOMC lowered its overnight lending rate to a range of 4.75%-5% from 5.25%-5.5%. We’ll break down what that means for both markets and your money, right up until Fed Chair Jerome Powell’s press conference.
Sep 18, 2024•28 min
We’re just 24 hours away from the next Fed decision on interest rates. And the odds are still split on whether it will be a 25 or 50 bps cut. We’ll discuss that and much more with our guest host for the hour, WaFd CEO Brent Beardall. Plus, were finishing off our Powerhouse Blueprint series, and today we’re heading to the garage. We’ll check on car prices, and also one of the biggest reasons why car ownership is so expensive right now: auto insurance coverage.
Sep 17, 2024•45 min
The markets are counting down to Wednesday, when we’ll get the answer to the question that’s been on everyone’s mind: 25 or 50? We’ll break down all the rate cut scenarios in play for the Federal Reserve this week. Plus, rising prices for food and groceries continue to be a thorn in the side of consumers. We’ll dive into the economics of it all in the latest edition of our Powerhouse Blueprint.
Sep 16, 2024•43 min
As stocks look to wrap up a strong week, Boeing shares are taking another leg lower as its union workers walk off the job. As a result, Moody’s is putting Boeing on a review for a downgrade. We’ll bring you the latest details Plus, smartphone prices are down 9% year-over-year according to the latest CPI. And smartphone pushback from parents is leading to an increase in demand for so-called “dumb tech.” We’ll dive into all of that.
Sep 13, 2024•41 min
McDonald’s just announced it’s extending its $5 value meal into December for most of its U.S. markets. Will this keep the fast food value wars raging into the new year? We’ll discuss. Plus, it’s day 2 of our Powerhouse Blueprint series, highlighting inflation throughout all the parts of your home. Today we’ll highlight home furnishings, and the cooling of the DIY boom.
Sep 12, 2024•43 min
Stocks are seesawing, as traders weigh what the latest inflation data means for Fed policy toward rates. Tech shares are leading the rebound from session lows. We’ll track the market action for you. Plus, we’re kicking off a new series, breaking down how inflation has impacted each particular section of your home. We’ll start with a hard look at building materials.
Sep 11, 2024•41 min
Stocks are mixed today as bank stocks are dragging the Dow lower while the other major averages are posting gains. Bank capital requirements came in much less strict than feared, but JPMorgan says expectations for net interest income are too high. We’ll hear from Bank of America CEO Brian Moynihan live in our hour.
Sep 10, 2024•46 min
Stocks are rallying following Wall Street’s worst week of the year, betting that a likely Fed rate cut later this month will bolster the economy. We’ll track all of the market action for you. Plus, Apple is wrapping up it’s latest product event at its headquarters in Cupertino, CA where it unveiled new versions of the iPhone, AirPods and Apple Watch. We’ll tell you all you need to know.
Sep 09, 2024•48 min
The S&P 500 is falling today, and headed for its worst week since March 2023, as investors assessed a weaker-than-expected August jobs report and ditched technology stocks. We’ll tell you all you need to know.
Sep 06, 2024•42 min
Stocks struggled Thursday as investors dumped risk assets and concerns mounted over the outlook for the U.S. economy ahead of Friday’s keynote labor report. We’ll track the market action for you. Plus, the 2024 NFL season kicks off tonight, and CNBC just released new data on team valuations – and the numbers are staggering. We’ll speak to NBC Sports legend Mike Tirico about that and much.
Sep 05, 2024•42 min
Stocks wobbled Wednesday as Wall Street attempted to recover from a lackluster start to September. While the so-called yield curve of the Treasury market returned to a normal state. We’ll tell you what it all means for you and your money.
Sep 04, 2024•41 min
Stocks are tumbling to start a new month of trading, as technology names struggle and new economic data rekindles fears around the health of the economy. The Dow is down 1.5%, the S&P 500 is down 2% and the Nasdaq Composite is down more than 3%, putting the tech-heavy index on pace for its worst day since Aug. 5′s global market rout. We’ll tell you all you need to know today.
Sep 03, 2024•42 min
CNBC’s Tyler Mathisen and Kelly Evans take you through the heart of the business day bringing you the latest developments and instant analysis on the stocks and stories driving the day’s agenda. “Power Lunch” delves into the economy, markets, politics, real estate, media, technology and more. The show sits at the intersection of power and money. “Power Lunch” gives viewers a full plate of CNBC’s award-winning business news coverage, plus a healthy dose of personality from the show’s anchors and ...
Aug 30, 2024•43 min
A relief rally hits Wall Street. The Dow briefly hit a new all-time high of 41,577. While the S&P 500 and Nasdaq have more work to do to set new records, but are higher despite getting weighed down by Nvidia. We’ll tell you all you need to know.
Aug 29, 2024•43 min
The world’s 2nd-biggest company by market value reports results after the bell. And while Nvidia’s stock has been an AI winner, the question remains: can it keep this up? We’ll discuss. Plus, there are a lot of promises made by politicians on the campaign trail. But how much would they actually cost taxpayers if put into action? We’ve got a new report comparing Trump vs. Harris policies.
Aug 28, 2024•43 min
Facebook CEO Mark Zuckerberg claims the Biden Administration pressured the platform to remove Covid-19 content during the pandemic. We’ll get the key details, including the White House’s response. Plus, our Powerhouse Road Trip continues. Today we’re moving north from Miami to Syracuse, NY. We’ll explain why that region is bracing for a huge boost in housing demand.
Aug 27, 2024•43 min
The Dow briefly hit a new record high of 41,420 – it’s first record since July 17th. While the S&P 500 is close to reclaiming records, too. What does that action tell us about what the market expects of Jerome Powell’s ability to engineer a “soft landing?” We’ll discuss.
Aug 26, 2024•42 min
CNBC’s Tyler Mathisen and Kelly Evans take you through the heart of the business day bringing you the latest developments and instant analysis on the stocks and stories driving the day’s agenda. “Power Lunch” delves into the economy, markets, politics, real estate, media, technology and more. The show sits at the intersection of power and money. “Power Lunch” gives viewers a full plate of CNBC’s award-winning business news coverage, plus a healthy dose of personality from the show’s anchors and ...
Aug 23, 2024•43 min
CNBC’s Tyler Mathisen and Kelly Evans take you through the heart of the business day bringing you the latest developments and instant analysis on the stocks and stories driving the day’s agenda. “Power Lunch” delves into the economy, markets, politics, real estate, media, technology and more. The show sits at the intersection of power and money. “Power Lunch” gives viewers a full plate of CNBC’s award-winning business news coverage, plus a healthy dose of personality from the show’s anchors and ...
Aug 22, 2024•42 min