Power Lunch

The deal making environment is heating up, and now stock exchanges are reportedly battling it out over new listings. We’ll debate whether it’s market euphoria or simple enthusiasm. Plus, corporate diversity initiatives are under legal scrutiny. Two experts in the field weigh in on Corporate America’s options. And driverless taxis are getting the green light to expand in San Francisco, but not ever...

Self-driving vehicle firms Waymo & Cruise are looking to expand their operations in San Francisco. California’s utility commission is voting on the measure. If it passes, it could open doors for autonomous vehicle across the state. We’ll track the story. Plus – our back-to-school series continues. Today we’re looking at retail. Will we see a slowdown in consumer spending this year, especially as h...

We got some huge headlines in the media sector today. ESPN is diving head first into sports betting, inking a deal with Penn Entertainment. And that comes ahead of much-anticipated earnings from Disney. We’ll discuss. Plus, it’s back-to-school season again. And this fall, students, parents and teachers are facing a wave of issues, from inflation to AI. We’ll take a deep dive into each of them this...

Stocks are shrugging off yesterday’s rally, after a big downgrade of multiple U.S. banks at Moody’s. We’re also seeing lots of earnings-related moves. We’ll break it all down for you. Plus, inflation is a concern for all sectors right now, and that includes concerts and live events. Ticket prices, travel and accommodations are all expensive. We’ll speak to the CEO of Vivid Seats about it. Hosted b...

Consumer credit card debt has hit a new record high. But with rates on the rise and inflated prices remaining high, could this be a catalyst for problems in the economy? We’ll discuss. Plus, Zoom – the company that basically facilitated the work from home” trend – has officially called workers back to the office. Is this the end of an era for remote work? We’ll explore. Hosted by Simplecast, an Ad...

Even though today’s jobs number came in just short of estimates, the markets are saying it’s enough to keep the economy out of recession – and the Fed on the sidelines. We’ll discuss. Plus, the other bit of news boosting stocks today: strong earnings from tech titan Amazon – especially for its cloud business. We’ll recap the results. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com fo...

The market is continuing to react negatively to Fitch’s downgrade of our credit rating. Jamie Dimon told us it doesn’t matter, but stocks seem to be saying it does. We’ll explore. Plus, Apple & Amazon are set to report earnings today. We’ll discuss the key things to watch from each of these potentially market-moving reports. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for informa...

On today’s show we have an exclusive discussion with JPMorgan CEO Jamie Dimon. He’s in Montana on a tour of bank branches there. We’ll talk to him about the economy, the Fed, the state of banks, and of course, the downgrade of the United States’ debt by Fitch. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising...

The busiest week of earnings season is in full swing, and it’s Wall Street’s chance to see how companies are faring. The results are pouring in, and we’ll dig into which names have reported and those yet to come. Plus, the U.S. is seeing a new Covid surge, with cases up by more than 10% compared to last week. Hospitalizations are on the rise as well. With an updated vaccine on the way, will enough...

The only thing hotter than the weather in July has been the stock market. The Dow has only had 4 down days this month. Can the red hot summer rally continue into August and beyond? We’ll explore. Plus, trucking company Yellow has shut down operations and filed for bankruptcy. With a key player out of the game, are shipping costs going to rise? We’ll look at the inflationary pressure this could cau...

There’s a massive biotech buyout underway, with Biogen paying over $6 billion to bulk up its rare disease portfolio. We’ll explore the “arms race” brewing in big pharma. Plus, we have more ‘power players’ joining the show. Valley Bank’s CEO gives us a read on rising rates and new bank rules, while the Union Square Hospitality Group CEO gives us insight into the consumer. Hosted by Simplecast, an A...

Companies are facing more and more regulatory scrutiny lately. And it’s not just one industry – and nor is the pressure coming from just one source. We’ll explore. Plus, we’ll speak to 2 power players who can shine a light on the consumer: the CEOs of Crocs and Travel + Leisure Co. both join us live. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection...

The Federal Reserve approved a much-anticipated interest rate hike that takes benchmark borrowing costs to their highest level in more than 22 years. In a move that markets had completely priced in, the FOMC raised its funds rate by a quarter percentage point to a target range of 5.25%-5.5%.  The midpoint of that target range would be the highest level for the benchmark rate since early 2001. We’l...

Two distinct leadership styles are emerging across boardrooms: companies run by seasoned ‘operators,’ and those run by more risky ‘revolutionaries.’ But which is better for shareholders? We’ll explore. Plus, TikTok is launching an in-app shop as it pushes into e-commerce. But could it face similar issues to other platforms that sell “Made In China” products? We’ll ask a retail insider. Hosted by S...

It’s a big week on deck for the markets. 12 Dow components and 152 S&P 500 companies are set to report earnings. While the latest Fed decision on interest rates is expected on Wednesday. We’ll help you digest it all.  Plus, FTC Chair Lina Khan is making ripples this year. She’s got some big antitrust suits under her belt, and is also working to get stricter guidelines in place for mega-mergers, to...

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...

It’s a big day for earnings results, with lots of big names reporting and moving the markets. Tesla, Netflix and Johnson & Johnson are just a few of the names we’ll dig into. Plus, 2023 is turning out to be the summer of strikes. Hollywood actors & writers, Canadian dock workers and the Teamsters are all on strike, or threatening to. We’ll explore how big a disruption this could pose to an already...

Money and politics are colliding in 2 key stories today. First, a potential move to ban stock ownership by lawmakers and their staffs is forthcoming. Second, the FTC is proposing new guidelines for mega-mergers. We’ll bring you all of the details on both. Plus, shares of AT&T are bouncing back today as the company responds to reports about lead-sheathed phone lines. We’ll get a medical doctor’s ex...

Congress is now holding hearings on how to regulate AI. We’ll tell you all about the 26 year old billionaire they’re listening to today. And, Microsoft shares are jumping as the company makes more AI-related announcements – including how much its going to charge for AI in office. Plus, as the economy seems to be slowing, we’ll look at the state of the online advertising business. We’ll also reveal...

Stocks are higher once again today, with the Dow heading for its 6th straight day of gains. The perfect scenario seems to be playing out, with inflation subsiding. But is it enough to keep the Fed on the sidelines? We’ll explore. Plus, we’ll discuss some bad signs for Hollywood. The strike rages on, while a crucial stretch for the box office just started off with disappointing numbers for ‘Mission...

Stocks are higher once again, as big banks kick off earnings season with good results. Can earnings, inflation and the Fed all continue to give the markets what they need to keep moving higher? We’ll discuss. Plus, Hollywood actors are joining writers on the picket line. The strike already threatening the fall season. And it all comes at a very vulnerable time for traditional TV and film. We’ll di...

Disney just gave CEO Bob Iger more time on the job, extending his contract through 2026. And one of his key moves could be taking ESPN direct-to-consumers. We’ll explore what it all means for the stock and the company. Plus, we’re just 2 months from the kickoff of football season. NFL Commissioner Roger Goodell will join us to discuss the future of streaming, sports betting, TV rights and much mor...

Stocks are rallying today, after today’s CPI report backed up hopes that inflation is slowing. Will the latest Fed beige book provide more support for the idea of a “Goldilocks economy?” We’ll explore. Plus, Chinese hackers breached the email accounts of government officials. Microsoft and the government have been scrambling to assess the damage. We’ll bring you all the details. Hosted by Simpleca...

A judge just shot down the FTC’s attempt to block the Microsoft-Activision merger. But the UK’s regulator is still holding things up. We’ll explore what it means for both Microsoft and the fate of future deals. Plus, 3M has been one of the biggest drags on the Dow so far this year, as it faces litigation and potentially huge costs. But is the bad news already priced into shares? We’ll ask an analy...

The Nasdaq is on pace for its 4th straight down day. Can tech stocks continue their first half rally as the Fed keeps tightening, and slowing the economy as a result? We’ll discuss. Plus, Janet Yellen just wrapped up her trip to China, which she called productive. Is the prospect of more talks enough reason to be optimistic about the U.S.-China relationship? We’ll explore. Hosted by Simplecast, an...