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Jobless claims fall, GDP revised lower, durables orders soar
CNBC Television· 2025-06-26 13:14
Rick Santelli is standing by at the CME in Chicago. And uh Rick, take it away. Let's see the numbers.Yes. And there are a lot of numbers, so we're going to go slow. And let's start with well, let's start with durable goods, shall we.On durable good orders, we're expecting a number that's going to be somewhere in the vicinity of up 8 to 8 and a half% on a preliminary, not coming across the screen. So, we're going to switch gears. We're going to look at the trade balance minus 96.6% billion.So the good news t ...
Sen. Warren on NYC mayoral race: New Yorkers heard, believed and were inspired by Zohran Mamdani
CNBC Television· 2025-06-26 13:03
You've heard about soulsearching and in the Democratic party, a lot of hand ringing with what we've seen since the uh election. In in the Democratic U circles uh as well, the the term lost in the wilderness uh comes to mind. I don't know whether we we had a a primary election for the mayor in in New York yesterday u uh senator two days ago.uh a self candidate Mam Dami is a self-proclaimed socialist advocated for defunding the police globalizing the inifatada. Um we have representative uh Alexandria Accazioc ...
Sen. Elizabeth Warren: I want to see interest rates come down
CNBC Television· 2025-06-26 13:02
Fed Chair Jay Pal faced two days of grilling on Capitol Hill. Yesterday, Senator Elizabeth Warren asked why the Fed's inflation forecast is now higher than it was just six months ago. Senator Warren joins us this morning. She's the lead Democrat on the banking committee. And Senator, thank you for being with us this morning. Happy to be with you. Why don't we get at your line of question from yesterday? Um, you were really getting at this idea of where inflation targets for the Fed are headed. What What's u ...
Rep. Chris Roy: Senate tax bill 'needs to improve' before it comes back to the House
CNBC Television· 2025-06-26 12:42
We're just a week away from the White House's uh self-imposed July 4th deadline to pass President Trump's mega bill. But even if it passes the Senate this week, the version they're sending back to the House is getting push back from some Republicans joining us now, Republican Congressman Chip Roy. Uh and you've made some some strong uh cases in the past on how you feel and you feel strongly congressman.Is is the Senate version in from what you know uh a a better do you like it more than than what the House ...
A broadening of the market is beginning, says Dynamic Funds' Noah Blackstein
CNBC Television· 2025-06-26 12:09
joining us now with more on the markets, Noah Blackstein, Dynamic Funds, senior portfolio manager. Uh, no, we u, you know, we looked into the abyss when we I think the S&P got down to God, was it 4,800. I don't know where it was.We're we're almost all the way back to new highs. More new highs or now we look around and say, "Okay, what do we do?" Um, we're back to where we started the year basically up a little. We're up just a little.I mean from from the abyss we're up a lot obviously but um you know just f ...
Dr. Scott Gottlieb on CDC's new vaccine advisory board: The consequences will be felt for years
CNBC Television· 2025-06-26 12:07
>> Don't tell me. >> The new members of the Advisory Committee on Immunization Practices will continue their first meeting later today. The seven newly appointed members of the panel discussed childhood vaccines yesterday.And joining us now ahead of day two is former FDA Commissioner Scott Gottlieb, who served in the first Trump administration. He's a board member with Pfizer and Illumina and a CNBC contributor. And Doctor Gottlieb, thanks for being here.Thanks a lot. So walk us through what this means. The ...
Detrick: July is the best month for stocks in a post-election year
CNBC Television· 2025-06-26 12:04
Good morning. Good to see you. What's your word of the day.We got to jump into this thing, Ryan. It's always good to see you. Good morning, Frank.Thanks for having me back. I, you know, I thought it's almost July, so we're go with fireworks because listen, people are going to hear a lot about this. The month of July, Frank, has been higher last 10 years in a row for the S&P 500. It's the top month last 20 years, and it's the best month in a post election year.And one more for the listeners. When you're high ...
Joseph: We’re exporting more from the U.S. than we’re importing
CNBC Television· 2025-06-26 12:02
All right. So, just to for just for fairness, you didn't take the the survey. You're not one of these survey respondents.So, we're kind of getting a live read from you. Um, I want to go to tariffs. So, we again 41% said tariffs will directly impact their cost.For when it comes to your company, again, pet and animal medicine. Um, how are tariffs impacting your business. Look, as a global company, tariffs remain dynamic and we continue to watch it.But we have a global base. uh while about 50% of our business ...
Bitcoin's struggle to rally: Here's what to know
CNBC Television· 2025-06-26 11:48
You're watching shares of Circle coming off a nearly 11% slide yesterday. The stable coin provider has plummeted nearly 25% over the last two days, but got to put that in context. It's still up about 500% since going public earlier this month.Circle's recent woes not hitting the other stable coin players. Coinbase gaining more than 15% over the last two days. Oppenheimer today raising the target of the company to 395.You see right now it's trading at about 357. Also, Fiver up more than 4% so far this week a ...
Kalshi CEO on hitting $2B valuation: We're one of the fastest growing companies in America
CNBC Television· 2025-06-26 11:47
Tarek Mansour, Kalshi co-founder and CEO, joins 'Squawk Box' to discuss the company hitting $2 billion in valuation after its latest funding round, where the increased funding will be allocated towards, state of prediction markets, NYC mayoral race, and more. ...