The government shutdown leading to air travel disruptions. More than 8,000 flights were delayed across the country yesterday. Air traffic control staffing issues were reported at 22 locations over the weekend. Joining us right now to discuss it is former FAA administrator Randy Babbot. And Randy, um, how dire is the situation at this point? Are Americans who are flying less safe? >> Yeah, it uh, it's a tough situation. And the worst part is it's uh self- accelerating. Uh the more we ask people to serve more ...

Stephen. >> Yeah. More hawkish comments this morning from the Fed.Dallas Fed President Lori Logan saying this economic outlook did not call for cutting interest rates. She says she will find it difficult to cut rates again in December. Not a voter this year, but a voter next year.She says that is true unless inflation is falling faster or the labor market is cooling more than appears apparent now or than forecast. The labor market, she says, remains balanced. It's cooling slowly.inflation is too high and it ...

Let's get the opening bell on the CBC realtime exchange with the big boy. Canadian electric power company Amira celebrating its recent listing at the NASDAQ. It's no magar operator of sports training programs in Spain celebrating a direct listing today. Jim, as we close out October with the Triple Q's up almost six. Yeah, we're in a a period where anything that can provide any sort of storage, anything that provide any sort of processing power, we I know Jensen Wong from Video often say, "Jimmy, forget abou ...

Climate Risk and Insurance - AON is focused on four mega trends, including weather and climate risk, highlighting the devastating impact of storms like Hurricane Melissa in the Caribbean [3] - Catastrophe bonds (CAT bonds) are used to provide immediate financial support to countries affected by severe weather events, with a parametric CAT bond in place for Jamaica that will pay out over $150 million [5] - The CAT bond industry is approximately $55-60 billion, with insurance-linked securities reaching roughly $120 billion; AON is a leader in structuring CAT bonds, having placed around $18 billion [7] - Globally, nearly $370 billion in catastrophe losses occurred, with only about 40% (approximately $160 billion) being insured [12] AON's Financial Performance and Growth Drivers - AON reported a strong quarter with 7% organic growth and a 12% increase in adjusted EPS, driven by its commercial risk business [14] - Growth in the commercial risk business is fueled by the boom in AI and technology, specifically the construction of data center infrastructure [15][16] - The reinsurance business, which includes CAT bonds, also contributed to growth [17][18] - Workforce solutions, including healthcare and benefits, are another growth area, driven by companies seeking to attract and retain employees [18][19] Data Centers and AI - Hyperscalers spent nearly $70 billion in the last quarter on data center infrastructure build [16] - Data centers are a significant opportunity for the insurance industry, with companies expected to spend $500 billion over the next 5 years on infrastructure [20] - Traditional insurance is a $46 trillion industry, while data center companies are projected to spend $2 trillion in capital expenditures over the next five years, necessitating other capital sources [24] - AON has established a data center lifecycle program to provide end-to-end coverage and insight, from construction to cyber security, positioning the company to benefit from the AI trade [27][28]

Meanwhile, want to get back to uh SEC Chairman Paul Atkins. We had a little technical snafu. The the government shutdown had nothing to do with it, but I I made a bad joke about that.It's nice to see you, sir. >> Good to see you, too, Andrew. Thanks for having me.>> So, how is this government shutdown affecting you. How do you think it's affecting the markets. I know there's a number of companies that have saw it to go public.Uh, and I imagine there's going to be some delays at the minimum. >> Yes. Well, I ...

Our next guest says that the market has started to show signs of an increased level of speculation. Andrew Slimman is senior portfolio manager at Morgan Stanley Investment Management. And what do you mean when you're talking about increased level of speculation, just the higher levels that we've seen of the averages overall.>> Well, you know, the the the bull market started in October of 2022. So, we're into the fourth year. And, you know, the rear view mirror doesn't show a bare market anymore.It shows mak ...

Exon Mobile out with third quarter results this morning and joining us right now to talk about it is Darren Woods. He's Exon Mobile's chairman and CEO. And Darren, welcome.It's really great to have you here today. >> Thank you, Becky. Good to see you again. >> Good to see you, too.Let's talk a little bit about the numbers. You guys beat on the bottom line adjusted earnings per share $188 versus the consensus of a 182. Uh revenue looked like it was a little short of Wall Street's call, at least according to ...

Time. Apple shares moving higher this morning. Earnings and revenue beating estimates lifted in part by strong sales of the iPhone 17.CEO Tim Cook telling our Steve Kovak that revenue in the current quarter will rise by at least 10%. He said that would make the December quarter the best in the history of the company. Joining us right now is Wamsy Moan.He's the BA securities analyst. These are pretty good numbers. Yeah, amazing uh to see not just that the revenue numbers came in uh in line but the guidance d ...

OPEC+ Production & Market Outlook - OPEC+ 预计将在本周日会议上讨论产量水平，可能小幅增产，12 月份预计将增加 137,000 桶/日 [1][2] - 行业分析师认为，OPEC+ 实际产量可能低于预期，因为多数成员国已接近产能上限，仅沙特阿拉伯有较大剩余产能 [2] - 市场关注沙特阿拉伯可能释放 7 万至 8 万桶/日的产量，以及阿联酋的小幅增产，可能对市场情绪产生影响 [3] - 行业普遍认为，油价自年初以来已下跌约 16%，目前在 60 美元/桶左右 [1] Sanctions & Geopolitical Risks - 美国对俄罗斯石油生产商的制裁执行力度，以及委内瑞拉的军事集结，将影响 OPEC+ 的决策 [3][7] - 2018 年美国退出伊朗核协议后，OPEC 曾被要求增产，但随后美国对伊朗石油进口实施豁免，导致油价下跌，因此 OPEC 在本次决策中将采取观望态度 [4][5] - G7 能源部长会议在多伦多举行，重点讨论乌克兰问题，以及加强对俄罗斯的制裁 [6] - 美国在委内瑞拉海岸的军事集结，以及针对小型船只的行动，引发了对美国是否寻求对马杜罗政府进行政权更迭的担忧 [7][8] Demand & Supply Uncertainties - 埃克森美孚和雪佛龙的负责人认为油价可能会下跌 [8] - 行业分析师指出，明年第一季度可能出现供应过剩，圭亚那等国的产量增加 [10] - 沙特阿美认为需求强劲，中国战略石油储备的购买量对需求有重要影响 [10][11] - 如果美国严格执行对俄罗斯石油公司的制裁，可能导致俄罗斯石油供应中断，可能涉及 1 百万至 1.5 百万桶/日 [12][13]

House Majority Whip Rep. Tom Emmer (R-Minn.) joins 'Squawk Box' to discuss the ongoing federal government shutdown, sticking points in negotiations, whether either side has an exit strategy, and more. ...