Power Lunch

The House has a new speaker, as Rep. Mike Johnson of Louisiana is elected with 220 votes. We’ll get all of the details, including how this could impact markets and a looming government shutdown. Plus, from tech to banks and more, there are plenty of corporations set to report their earnings results. We’ll do a deep dive into the key names on deck. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Meta Platforms is facing a new lawsuit over its alleged impact on kids and teens. The suit claims Meta’s services are designed to be addictive, and the company lied about it. We’ll speak to the Attorney General of Washington, D.C.Plus, our contrarian week continues with a look at fellow social media stock, Snap Inc. 38 analysts cover it, but only 3 rate the shares as a “buy.” We’ll speak to one of those brave bulls about why he likes the stock. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Stocks are mostly higher today, as the 10-year yield pulls back after hitting 5%. We’ll examine the relationship between stocks and yields, and whether they can both go up at the same time. Plus, is the real estate system broken? Lawsuits, backlash, and rule changes in New York City have both sides of this debate saying it will change real estate forever. We’ll explain the controversy, and its impact. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Stocks are pulling back today, and ending the week in the red. Bond yields are also pulling back. We’ll take look at corporate bonds, and whether or not you should invest now. Plus, Apple is reportedly the latest corporation to have to walk a fine line in order to do business in China. We’ll discuss the impact for companies trying to operate under the eye of Beijing. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

The 10-year yield is rapidly approaching 5%, as Fed Chair Powell’s comments today sent bonds on a wild ride. We’ll tell you all you need to know.Plus, Tesla is tumbling following results and comments from Elon Musk, and several analysts are cutting their price targets. We’ll talk to one of the biggest bears on the street. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

The two ‘E’s’ impacting stocks most today are earnings & the economy. The Fed is releasing its Beige Book on economic activity, while Tesla & Netflix have earnings on deck. We’ll get you set for both reports. Plus, the Biden administration just announced $3.5 billion in funding for various projects to shore up our energy grid. We’ll talk to Energy Secretary Jennifer Granholm about that and much more. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

The drama in Washington continues, as a vote for House Speaker ends with Jim Jordan failing to get enough votes. While President Biden is heading to Israel for a high-stakes trip. We’ll tell you all you need to know.Plus, markets are reacting to a stronger-than-expected retail sales number. Can the consumer keep holding up the economy? Or will a strong economy give the Fed cause to raise rates one more time? We’ll explore. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Stocks are off to a strong start, as markets rally to begin the first full week of earnings season. More than 50 companies in the S&P 500 are set to report. Can those results wipe out all of the negatives hanging over the markets? We’ll explore. Plus, shares of Lululemon are jumping on news the stock will be added to the S&P 500 index, taking the place of Activision Blizzard after its merger with Microsoft. We’ll get the trade on $LULU in a fresh ‘Three Stock Lunch.’ Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

A tumultuous week for the world and the markets is ending with stocks sliding throughout the session. We’ll break down all of the issues investors need to know.And, that includes earnings. Bank results have mostly been strong, while Netflix is a key name set to report. We’ll talk to an analyst who is downgrading the shares ahead of the report. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

The latest CPI report showed no slowdown in inflation from the previous month, and was higher than expected too.Will that change the Fed’s plan? We’ll discuss that, and how “higher for longer” could effect other parts of the market as well.Plus, a top donor is lashing out at the University of Pennsylvania over perceived anti-Semitism on campus. And this issue could be popping up at other well-known colleges across the country. We’ll bring you the key details. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

We’ll break down the latest details from the front lines, and the geopolitical fallout as the Israel-Hamas war enters its 5th day. Plus, Exxon Mobil officially agreed to buy Pioneer Natural in an all-stock deal worth $60 billion. We’ll speak to the CEO of another energy firm trying pioneer alternative sources of energy. And Birkenstock is trading low today, and well below expectations for its public debut. We’ll dig into that for you. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

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 the network’s top-notch roster of reporters and digital journalists. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

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 the network’s top-notch roster of reporters and digital journalists. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

It’s been a wild day for the Dow, as the hot jobs report initially sent markets lower. Payrolls defied expectations, soaring by 336,000, and fueled fears the Fed could hike rates yet again.But investors aren’t backing down, with the averages swinging higher, and the S&P 500 trying for its 1st positive week in 5. We’ll tell you all you need to know.Plus, we’re keeping an eye on 2 major events: Amazon’s rocket launch for its first-ever satellite deployment, and the UAW President giving a live update to union members. We’ll track both for you throughout the hour. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

If and when the labor strikes across America are solved, one thing is for sure: thousands of workers will have higher wages.But will all of those new salaries lead to more inflation across the economy? We’ll discuss what’s at stake.Plus, the higher interest rate environment could pose a risk to overleveraged stocks. We’ll trade some key names that could be impacted. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

There’s one main issue for markets right now: the sudden rise in bond yields, and the impact it’s having on nearly everything in the economy. We’ll look at all the angles of how the move is impacting your money and your investments. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

There’s no stopping the sharp rise in bond yields, hitting a new high today around 4.8% -- the highest level in 16 years. And it’s having a big impact on stocks. We’ll tell you all you need to know.Plus, the trial of former FTX CEO Sam Bankman-Fried is underway. The man who became the face of crypto corruption is accused of defrauding customers and investors out of billions. We’ll get the latest details. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Tesla delivery numbers fell in the third quarter, as the company gets ready to launch the Cybertruck. We’ll explain why Elon Musk should be watching the UAW negotiations carefully. Plus, the 10-year yield just hit a new high we haven’t seen since 2007. How much higher can it go? And what’s the impact on stocks? We’ll discuss. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

We’ve got the latest on the UAW strike and the government shutdown. Plus, an exclusive interview with Robinhood CEO Vlad Tenev on the future of the fintech company. And we conclude our Power House Road Trip with a look at the most expensive housing market in the country, San Jose, California. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Stocks are higher today, but about to close the books on a bad September. Does it boil down to people investing in bonds or even gold, instead of in stocks? We’ll debate.Plus, the auto workers could expand their strikes tomorrow, as the issue grows more politicized. How much longer could this go, and how bad could it get? We’ll discuss. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

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 the network’s top-notch roster of reporters and digital journalists. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

President Biden joined auto workers on the picket lines in Michigan today, with former President Trump expected to hold a rally there tomorrow. We’ll assess the political and economic impact of the strikes.Plus, it’s Day 2 of our Power House Road Trip. And we’re heading to a hot under-the-radar market: Dayton, Ohio. With interest rates surging near 8%, how is it playing out with buyers and sellers? We’ll find out. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Hollywood writers have reached a tentative deal with studios to end their strike after nearly 150 days. But nothing is set in stone. We’ll look at what it means for the actors strike, and broader labor strife across the country as well.Plus, we’re kicking off the latest edition of our Power House Road Trip! We’ll hit 5 cities over 5 days, with a glimpse into the housing market. Are prices still through the roof? And how far does a $1 million budget go these days? We’ll find out. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Apple’s iPhone 15 goes on sale today at stores in the U.S. and Canada. And as usual, big crowds are forming—especially In New York, where Tim Cook showed up. We’ll get a live report.Plus, the next step in the migration to streaming: live sports. Warner Brothers Discovery’s “Max” just announced the pricing for its new tier. Will customers now have to pay to watch “March Madness”? We’ll discuss. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

After nearly 150 days on strike, Hollywood writers are close to a labor deal with studios. Plus, Rupert Murdoch is stepping down as Chairman of Fox & News Corp. We’ll discuss what it all means for the landscape.Plus, how can you pick up a 3% mortgage right now while rates are actually closer to 7.5%? We’ll talk to the head of a company with an interesting plan to let you buy both a house and its existing interest rate. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

The Federal Reserve stayed put on Wednesday, but forecast it will raise interest rates one more time this year. The fed funds rate remained unchanged in a targeted range between 5.25%-5.5% Wednesday, taking it to the highest level since 2006. We’ll discuss what it all means for markets, the economy and your money. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

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 the network’s top-notch roster of reporters and digital journalists. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

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 the network’s top-notch roster of reporters and digital journalists. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

The summer of labor’s discontent continues. Auto workers are striking at some plants after failing to reach a deal. But fast food workers in California are about to get a big raise. We’ll look at the potential fallout. Plus, rumors are swirling around Disney and which of its television networks it might sell. To whom? And for how much? We’ll try to make sense of it all for you. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

We’re just hours away from a looming auto worker strike. If the UAW doesn’t reach a deal with the big 3 auto makers by midnight, we could see workers walk out. We’ll check in on the bargaining table.Plus, another Las Vegas casino has been hit by a cyberattack. Caesar’s says it paid a ransom to hackers, while MGM says it’s still trying to get back up and running. We’ll get the latest details from Sin City. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

We’re following 2 big stories today: CPI & AI. August’s data showed inflation up 3.7% year-over-year. That was hotter than July, but can be blamed on gas prices. Are we really past the inflation threat? We’ll discuss.Plus, Elon Musk, Mark Zuckerberg and Bill gates are meeting with senators in Washington to discuss the future of AI regulation. We’ll ask what they’re saying, and why it’s occurring behind closed doors. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

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 the network’s top-notch roster of reporters and digital journalists. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

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 the network’s top-notch roster of reporters and digital journalists. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

All across the country: downtowns, office spaces and shopping centers are at risk of becoming ground zero for a new economic hazard: the “urban doom loop.” That’s the growing likelihood that a commercial real estate apocalypse could spiral out across the entire economy. We’ll speak to the professor who coined the phrase. Plus, it’s not just commercial real estate that’s in a precarious position. Higher rates are creating around all of housing, and Ron Insana says the fed is to blame. He’ll join us to explain. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

China’s government has reportedly banned its agencies from using iPhones. What would further bands in the country mean for Apple? We’ll explore.Plus, Hilton is teaming up with Tesla to install EV charging stations at thousands of its hotels. We’ll bring you the key details on the partnership. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

We have some key economic data coming out today, alongside commentary from the Fed via the Beige Book. We’ll discuss these barometers for the broader economy. Plus, the attack on tech giants continues. The EU is cracking down on the sector’s core business, while the FTC is targeting Amazon and DOJ is going after google. We’ll discuss the regulatory threat. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Markets no longer seem obsessed about the possibility of recession. Goldman Sachs cuts its recession probability to 15% and consumer staples stocks continue to sell off.Plus, Wegovy helps make Novo Nordisk the most valuable company in Europe, passing LVMH.And Taylor Swift and Beyonce sell out shows, but what about the circus, and motocross and monster trucks? Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

The economy added 187,000 jobs in August. Not a lot, but not too many either. While the unemployment rate moved higher, but not too high. Markets seem to be betting that this won’t force the Fed into another interest rate hike. Is that the case, or overly ambitious? We’ll debate. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

The tech rally rolls on, as today’s key earnings reports seemed to satisfy the markets. Will tomorrow jobs report be enough to keep it going as well? We’ll discuss.Plus, move over ‘Barbenheimer!’ Taylor Swift’s concert movie is set to debut the same day as “The Exorcist: Believer.” Will the ‘Exor-Swift’ be another jolt to the box office? We’ll explore. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Markets are experiencing a late-summer rally, especially for tech stocks. The Nasdaq is on pace for its 7th positive day in the past 8 sessions. We’ll explain what’s driving the move higher. Plus, the self-driving push has hit a speed bump. Cruise had to cut back its autonomous ride-share program, while regulators are inquiring about Tesla’s autopilot program. We’ll discuss the impact for autonomous driving overall. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

President Biden is set to speak about Medicare drug prices. While the FDIC plans to force banks to protect themselves in case of failure.And the SEC just lost a key court battle, potentially clearing the way for an official Bitcoin ETF. We’ll tell you what it all means for you and your money. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Commerce Secretary Gina Raimondo is visiting China, just as the nation’s real estate market takes another hit. This is the third trip to China by a Biden cabinet member this summer. Is anything actually getting done? We’ll discuss. Plus, hedge fund Tiger Global is defending itself from what it’s calling “misinformation attacks” by a disgruntled former employee. We’ll dig into the allegations, but also look at what might be an even bigger issue: its recent performance. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Fed Chair Jerome Powell says inflation is still too high, and the Fed is ready to raise rates even more if needed. We’ll dig into the whole story. Plus, Oppenheimer is bullish on Nike, while Morgan Stanley is skeptical about Abercrombie & Fitch. We’ll get the read on retail from both firms. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Investors looking for insights into Fed Chair Jerome Powell’s process are being well “fed” this week, with the Jackson Hole summit now underway. We’ll tell you all you need to know.Plus, Nvidia’s earnings blew well past expectations, briefly sending the stock to record highs as it dominates the AI chip race. Can it keep up this momentum? We’ll debate. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

It’s the day Wall Street has been waiting for: Nvidia earnings are here. The stock has already tripled so far this year. Can anything the company says help push the shares even higher? We’ll discuss. Plus, mortgage demand has dropped to a 28-year low, as rates jump above 7% -- their highest level in 2 decades. But are the high rates crippling homes sales, or is it just a lack of inventory? We’ll explore. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Retail earnings reports are still rolling in. While tech earnings are telling us about the impact of AI. Are corporate profits, and the economy, strong enough to send stocks higher? We’ll discuss.Plus, we’ll ask the CEO of Masonite if the company is seeing a slowdown, as fewer people move out of their homes amid soaring mortgage rates. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

The biggest econ event of the summer is upon us: the Fed’s summit in Jackson Hole, WY. We’ll tell you what to expect, as yields continue to soar – including the 10-year yield at its highest level in 16 years.Plus, we’ll speak to the CEO of Brinker International. What are Chili’s & Maggiano’s seeing on the inflation front? And how is consumer spending holding up in this environment? We’ll ask. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Soaring bond yields, and falling stocks. That’s the setup for the markets right now. How worried should investors be about rising rates and the impact on tech stocks in particular? We’ll explore.Plus, Instacart is reportedly planning to go public, possibly as soon as next month. While ARM Holdings is also in the pipeline. Is the IPO market finally starting to defrost? We’ll discuss. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Walmart says consumers are hunting for bargains as inflation squeezes their wallets. But how about the high-end consumer? We’ll talk to the heads of Equinox & Christie’s about that.Plus, a California insurer is making a big move in the pharmacy space. We’ll explore what it means for both stocks and drug prices. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Target is slashing its full-year forecast, as the retail giant fails to hold onto an increasingly “thrifty” consumer. We’ll discuss the fallout for both the company and retail sector. Plus, Hertz and GM are standing firm on the future of EV car rentals. The CEOs of both companies will join us to discuss that and the auto industry at-large. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.