Power Lunch

We’re just 24 hours from the latest Fed decision on interest rates, and many market watchers think there’s cause for a pause. Today’s CPI data also showed the slowest growth in 2 years. We’ll discuss what it all means for the Fed and markets. Plus, Reddit users are shutting down parts of the site to protest new fees, as the company gears up for a potential IPO. We’ll discuss. Hosted by Simplecast,...

Stocks continue to creep higher little by little, especially in tech. But there’s something about this tech-driven rally that’s different than previous times. Could it be what finally slows the upswing? We’ll explore. Plus, New York Yankees legend Derek Jeter is getting into the clothing game. We’ll talk to him about his new sportswear line, Major League Baseball rule changes and much, much more....

Small cap stocks are now coming along with what had been a big cap rally. Does this broader participation mean the party on Wall Street can last? We’ll explore. And, just in time for grilling season: soaring beef prices. We’ll explain why it’s happening, and what it means for both inflation and the restaurant stocks. Plus, we have a power player joining for the entire hour – Tim Seymour is in stud...

Smoke from Canada wildfires is still blanketing New York City and the Northeast. We’ll look at the impact it’s starting to have on businesses that rely on customers being outside. Plus, Google says it will start cracking down on office attendance. We’ll cover that and more developments in the battle over returning to offices. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for inform...

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...

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. Hosted by Simplecast, an AdsWizz company. See pc...

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. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for adv...

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. Hosted by Simplecast, an AdsWizz company. See...

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 econom...

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. Hosted by Simple...

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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, potential...

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. Hosted by Simplecast, an AdsWizz company. See pcm.adswi...

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 o...

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. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for informatio...

Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

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 explo...

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.” Hosted by Si...

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. Hosted by Simplecast, an Ad...

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...

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...

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. Whil...

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. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use o...

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. Hosted by Simplecas...

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. Hosted by Simp...