his response to the Supreme Court's decision to strike down his tariffs. Our Aean Javvers was in the room. And Aean, I heard you this morning suggest that it was going to elicit a defiant response, and it did.>> Yeah, it absolutely did, Mike. And I I've got an important clarification here. I was just in the uh office of a White House official pinning down some details on this, and I don't think this information is in the market necessarily yet, so I want to walk through it.Uh there's some question about thi ...

you got Steve. >> Yeah, Scott, we got a big shakeup over at Microsoft's gaming business. CEO Phil Spencer, he is out.He is a o over 30-year veteran of this company, nearly 40 years actually. Uh he's been running the Xbox business for over a decade. He is stepping down and he is now going to be replaced by another Microsoft executive that's president of core AI, Asha Chararma.She uh works a lot with developers on artificial intelligence and things like that. She was a big keynote speaker at their build confe ...

For more, let's bring in Avery Sheffield, Vantage Rock's co-founder and CIO. It's nice to see you. Thanks for being here.>> Great to be here. >> So, this good timing. You say you told our producers, "The ruling won't have much of an impact on the economy, but I will report back on any additional insights following the Trump press conference." All right.So, we have the Trump press conference. Let's get the insights. Now, now what.>> Well, I mean, he's determined to keep the tariffs at as high of a level as p ...

All right, let's stay on the tariffs discussion and move into the retail sector. The XRT Spider ETF initially popped on the Supreme Court decision earlier, but it quickly gave up all those gains is actually lower now by a bit and now has moved now a half percent higher. So, it's been volatile.Help us here to help us make sense of all of this is SW Retail Advisors President Stacy Woodlets. Uh, we talk a lot of things about retail with you for good reason. So let's talk about some of the price action that we ...

The Supreme Court has struck down the President’s tariffs, President Trump is considering a limited military attack against Iran, private credit stocks are sliding, and filmmaker James Cameron is speaking out against Netflix’s bid for Warner Brothers Discovery. Plus, former New Jersey Governor Chris Christie is now a strategic advisor for the American Gaming Association, and he’s calling out the “prediction market” status of Kalshi and Polymarket. Florida Governor Ron DeSantis discusses the state tax polici ...

White House press secretary Karoline Leavitt holds a press briefing with reporters on Friday. For access to live and exclusive video from CNBC subscribe to CNBC PRO: https://cnb.cx/42d859g » Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision » Subscribe to CNBC: https://cnb.cx/SubscribeCNBC » Watch CNBC on the go with CNBC+: https://www.cnbc.com/WatchCNBCPlus Turn to CNBC TV for the latest stock market news and analysis. From market futures to live price updates CNBC is the leader in business news ...

Aean Javvers in DC's had a chance to look through the decision and maybe get us a count as well. Aean. >> Yeah, Carl, that's right.The Supreme Court has now ruled against the president of the United States on this issue of whether his tariffs of 2025 were legal or not. Here's the key sentence from the ruling. The Supreme Court says the judgment of the United States Court of Appeals for the Federal Circuit, that is the lower court in this case, is affirmed.Now remember uh the lower court said that AIPA the l ...

Keeping an eye on shares of Blue Al. You can see uh it and other alternative asset managers stocks have been under pressure. This certainly was the case yesterday after the firm said it would halt quarterly redemptions in its retail focused debt fund, opting instead to return capital via episodic payouts as it did sell down 1.4% billion of assets to allow for that.The move did reignite concerns around liquidity and valuation for many private credit vehicles. Joining us now in a CNBC exclusive is Blue Isles ...

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Welcome back to Squawkbox. Rick Santella here live at CME HQ on this important Friday with some key breaking news. Personal income and spending for December, including some of the Fed's favorite metrics.First look at fourth quarter GDP and the numbers should be populating. We're going into this with yields moving lower. And on the GDP side, a big disappointment.We're looking for a number around the 2.8% area. comes in at 1.4% 1.4% 1.4% will be the lowest GDP since the first quarter of 25 when it was negativ ...