Power Lunch

The economy added 209,000 jobs created in June, slightly less than expected. Is that number just right to calm the markets’ fear about inflation and rate hikes? We’ll explore. Plus, Treasury Secretary Janet Yellen is expressing complaints about China’s treatment of U.S. companies. We’ll discuss that, plus what China’s new export rules could mean for chip makers. Hosted by Simplecast, an AdsWizz co...

Stocks are lower across the board today, with the Dow down more than 500 points at the session low.  This morning’s jobs numbers came in too hot, leading investors to believe the Fed is going to get back to hiking rates. We’ll break down the data, and 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...

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 a...

The Supreme Court just struck down President Biden’s plan to cancel $430 billion dollars of student loan debt. We’ll look at what this means for the economy. Plus, Apple’s market cap now tops $3 trillion, as the shares soar to a new all-time high. But the question investors have – can it go even higher from here? We’ll explore. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for info...

The debate over Tesla’s full self-driving claims is heating up again. Elon Musk thinks it’s the future of the company, and the reason the stock is valued the way it is. We’ll talk to the 2 men whose car ride is at the center of the debate. Plus, the Supreme Court just voted to outlaw Affirmative Action. Colleges can no longer use race as a factor in determining admissions. We’ll look at the fallou...

President Biden gave a major speech on the economy today, laying out “Bidenomics” as he tries to convince Americans to let him handle the economy for 4 more years. We’ll break down what it means for your money and the markets. Plus, Tesla shares have more than doubled this year, and analysts are starting to say it’s gone too far, too fast. We’ll talk to Toni Sacconaghi, whose price target is more...

Another day, another downgrade for Alphabet shares. Is the AI hype meeting the market reality? We’ll discuss that and other tech topics. Plus, Treasury Secretary Janet Yellen is reportedly heading to China for a high-level meeting next month. We’ll talk to a former Treasury official about what she’ll try to accomplish.  Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information...

Alphabet shares are falling today after a downgrade at UBS. The stock – and many others – have made big gains this year on hopes for the future of AI. We’ll talk to the analyst behind the call, who says the transition to AI search will definitely have some growing pains. Plus, we’ve got new developments in the battle over weight loss drugs, including promise for Eli Lilly and a setback for Pfizer....

CNBC’S Seema Mody reports on Biden’s meeting with big tech CEOs. Danielle Shay, Simpler Trading VP of options, discusses big tech, opportunities in India, and more. CNBC’s Phil LeBeau reports on Ford’s plan to cut more jobs and his discussion with Fisker CEO Henrik Fisker. Plus, Boston University’s Arun Upneja and WSJ’s Allison Pohlediscuss the rise of high-risk tourism and more. Hosted by Simplec...

Indias Prime Minister Narendra Mody continues his U.S. visit, meeting with President Biden as well as big name tech CEOs.  Amazon unveils its plan to catch up with Google and Microsoft in the AI race.  Plus which companies are poised to getting a bigger chunk of the huge revenue around sports. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and us...

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

China’s central bank cuts rates to boost the struggling economy, following visits to the country by Bill Gates and Secretary Antony Blinken. Plus, how retailers are dealing with shrink and frequent returns from online orders. And a hotel CEO gives his view of the economy, based on customers’ seafood choices. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our co...

Business and politics are set collide in China. Bill Gates is meeting with Xi Jinping, ahead of Secretary of State Blinken’s visit to Beijing. While many U.S. business still need China, the U.S. government seems to be increasingly worried. We’ll explore. Plus, the S&P 500 and Nasdaq hit new highs today dating back to April 2022. Now that more than just 7 stocks are participating, can the rally con...

Microsoft Co-Founder Bill Gates is going to China, reportedly to meet with President Xi. That comes as China’s latest economic numbers show a slowing, not a strong post-Covid recovery. We’ll explore. Plus, today’s red-hot IPO is Mediterranean restaurant chain Cava, soaring in its public debut. We’ll look at the investor appetite for restaurant stocks overall right now.   Hosted by Simplecast, an A...

“Power Lunch” is back in Washington, as we count down to the Federal Reserve’s latest interest rate decision. We’ll bring you the decision live, and ask our all-star panel to react to all the angles right up to Fed Chair Jerome Powell’s press conference. 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 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...