Power Lunch

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 infor...

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...

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.co...

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...

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 seller...

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 t...

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. Ho...

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...

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 abou...

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...

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...

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 Simplecas...

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...

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...

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...

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...

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. H...

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 us...

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....

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 co...

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...

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. Se...

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 autonomo...

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 us...

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...