Power Lunch

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...

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 o...

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...

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 e...

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...

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. Hos...

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 Sim...

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 ou...

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....

Fitch is putting banks on notice – even the likes of JPMorgan. But Moody’s already downgraded multiple names in the space. In Fitch too late to the game? We’ll explore. Plus, the newest retail sales data shows the consumer is holding strong. But for how much longer will that be the case? We’ll discuss. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collecti...

China contagion is a concern today, as the country’s real estate sector sells off following a big warning from Country Garden. How bad could the ripple effect turn out to be globally? We’ll explore. Plus, someone once said “there’s no such thing as bad publicity.” But that person was not Goldman Sachs CEO David Solomon. After a series of unflattering articles, many are asking: how much longer can...