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McDonald's doubles down on value messaging, boosts sales in the fourth quarter
CNBC Television· 2026-02-12 16:41
This has been about an 18-month or so journey for McDonald's, but that US comp number that you guys were just talking about up 6.8%. The company is lapping the E. coli incident from last fall, but it saw traffic rise, which is really key for momentum in this environment.You heard CEO Chris Kay saying they gained share with low-income diners. Uh upper income diners also coming in, and he basically said, "We're exactly where we hoped we would be at this point in the year." Now, Wall Street largely uh reacting ...
Goldman Sachs’ Jonny Fine: We will see four rate cuts this year
CNBC Television· 2026-02-12 16:36
Welcome back. Big tech companies unveiling plans in recent days to fund the AI buildout. Alphabet's launching tech's first 100year bond since 1997.While Oracle says it's planning to raise up to $50 billion in debt and equity this year. Joining us now to discuss all this is Goldman Sachs head of investment grade credit Johnny Fine. Welcome.Perfect time to have you here. So, h how's the market absorbing all of these financing needs. >> Well, the short answer is incredibly well.uh the Oracle financing priced l ...
LIVE: Trump to rescind endangerment finding in an announcement with EPA's Lee Zeldin — 2/12/26
CNBC Television· 2026-02-12 16:29
The Trump administration will formally rescind the 2009 Environmental Protection Agency endangerment finding -- the central scientific finding that underpins much of the nation's climate pollution rules. President Trump will make the official announcement in the Roosevelt Room at the White House. He will be joined by EPA Administrator Lee Zeldin for the announcement. For access to live and exclusive video from CNBC subscribe to CNBC PRO: https://cnb.cx/42d859g » Subscribe to CNBC TV: https://cnb.cx/Subscrib ...
Inside the Family Office 15 List: Here's what to know
CNBC Television· 2026-02-12 15:48
Back time now for a look at the 15 most active family offices over the last year. Robert Frank is here at Post 9 and he has the list. They're very active. Very active.Dave, this is a fantastic list. We spent about a year putting it together because this is very hard data to get and it's called the family office 15 and the family office of Eric Schmidt topped that first ever inside wealth family office 15 list. Now the list was developed with exclusive data from FINRX.They're the private wealth intelligence ...
The economic data doesn't support an aggressive move down by the Fed, says Roger Ferguson
CNBC Television· 2026-02-12 15:28
Let's talk about Fed policy and more. Joining us now, Roger Ferguson, former vice chair and CNBC contributor. Roger, it is one of the uh uh features of this bond market today.The Fed has been cutting rates and the tenure really hasn't moved very much. What do you make of that. >> Look, I think a couple of things are going on.Um, as as Rick just said, where the action is for the Fed or the expectations from the market and the Fed is at the 2-year end. I think the tenure hasn't moved very much frankly and fur ...
NY Assemblyman Alex Bores on AI regulation: Need to ensure AI benefits the many, not just the few
CNBC Television· 2026-02-12 15:27
This morning, New York State Assembly member Alex Bors unveiling his plan to regulate AI, which includes a pitch to nationalize New York's raise act. Both Boors and the Raise Act have garnered national attention in the last year after a pro AI super PAC supported by OpenAI president Greg Brockman, Palanteer co-founder Joe Lansdale, and tech firm Andre Horowitz poured millions into opposing the legislation and preventing Mr. . Bors from winning the congressional race for New York Representative Jerry Nadler' ...
Rep. Schneider: Affordability agenda ensures the economy grows in a way that lifts up all boats
CNBC Television· 2026-02-12 15:26
A group of moderate Democrats on Capitol Hill have unveiled a new affordability agenda. Joining us now, Congressman Brad Schneider, Democrat of Illinois. He chairs the new Democratic coalition.Uh, Congressman, I'm reading this uh proposal here and it sounds like reducing regulation, lightening the federal permitting process. Are you sure this is a new Democratic coalition. >> It is a Democratic coalition.The the new Dems are 150 moderate Democrats. We actually our members are a majority of the caucus and we ...
FedEx CEO Raj Subramaniam: We are undergoing a tremendous transformation
CNBC Television· 2026-02-12 15:07
Joining me now the CEO and president of FedEx Raj Raj Subramanium uh on the cusp of investor day. You're just issuing forecasts for your coming three years. Uh showing some strong growth here, ambitious goals over these next couple of years.What gives you the confidence to issue the forecast. >> Well, Morgan, first of all, it's great to see you again and thank you for having me on the show. Uh at FedEx we have evolved our vision to make supply chain smarter for everyone and this is a right time to have that ...
Inside Wealth Family Office 15: Most active investment firms of the ultra-wealthy
CNBC Television· 2026-02-12 15:06
to the family offices of Eric Schmidt. In fact, topped the first ever inside wealth. We call it the family office 15.The list was developed with exclusive data from FINRIX. That's the private wealth intelligence platform. So, this ranks family offices with more than a billion dollars of assets according to the number of their startup investments that they made last year in 2025.So, it highlights effectively the most active deal makers in the $3.5% trillion family office space. and Eric Schmidt's family offi ...
Panel weighs AI disruption, margin pressure and market risks
CNBC Television· 2026-02-12 15:05
>> WELCOME BACK. LET'S BRING IN OUR PANEL TO UNPACK EVERYTHING WE'VE JUST HEARD AND HOW WE NEED TO SET UP FOR THE DAY HERE. PAUL HICKEY IS CO-FOUNDER OF BESPOKE INVESTMENT GROUP.PETER BOOCKVAR IS CHIEF INVESTMENT OFFICER. AT ONE POINT, BFG WEALTH PARTNERS, ALSO CNBC LIONTRUST ASSET MANAGEMENT. WELCOME TO ALL OF YOU.SO MUCH TO GET TO. CLAIRE, I'M GOING TO KICK THIS OFF WITH YOU BECAUSE WE JUST SPOKE TO THE CEO OF ALTRUIST AND OBVIOUSLY A SMALL NAME IN A BIG MARKET TRIGGERING BIG MOVES THIS WEEK. HOW DOES IT ...