school. For more on how today's CPI might impact the road ahead for rate cuts, let's welcome in the Wall Street Journal's Nick Tamaros. It's good to it's good to have you.I don't know if you had a chance to listen to the conversation and the debate that the professor and Ed were having over what the Fed should do. I think we know what it will do, but what do you make of this idea that they may be walking into a problem if they cut into a situation where maybe they don't have to. Well, I I think Scott, what ...

Let's get to some breaking news out of Washington DC. Aean Jabers at the White House now. Hi Aean.>> Yeah, technically contested. This is breaking news out of Ontario actually because we've been talking about this TV ad all day uh that the government of Ontario ran uh and it was focused on Ronald Reagan's comments back in 1987 about tariffs. President Trump took exception to that.Said it was fake. Said it was deceptively edited. Uh and now we have a statement on social media from uh the premier of Ontario u ...

This is breaking news out of Ontario actually because we've been talking about this TV ad all day uh that the government of Ontario ran uh and it was focused on Ronald Reagan's comments back in 1987 about tariffs. President Trump took exception to that. Said it was fake, said it was deceptively edited.Uh and now we have a statement on social media from uh the premier of Ontario uh who Doug Ford who says in speaking with Prime Minister Carney, Ontario will pause its US advertising campaign effective Monday s ...

Geoff Freeman, U.S. Travel Association CEO, joins 'Power Lunch' to discuss the travel impacts between the U.S. and Canada, the other factors to help travel reliant businesses and much more. ...

Joining me now is Bill Simon, former Walmart US president and CEO. Bill, it's great to have you here. Give me a little bit of your thesis on why you think the consumer is in control.>> Hey Courtney, good to see you again. Yeah, I mean, look, the consumer's, you know, pretty flush right now. Nominal wages are up 4%.The inflation report today was relatively tame. There's been a lot of, you know, dark news about tariff this and tariff that and, you know, it is a bit of a roller coaster. It's on, it's off, it's ...

Joining us now for more is Olria Hoffman, Bchardi, CIO of America's and global head of equities at UBS Global Wealth Management. It's great to see you, Olri. >> Great to be here.>> Talk to me a little bit about your thesis about what is the momentum behind the stocks on this tear and what fuels it higher. Yeah, we have been selectively bullish before in the US, especially around technology and artificial intelligence, but now we think the macro picture is turning and things are going to be brighter on the h ...

Today, crypto prices rise as a delayed September inflation read showed prices rose less than expected. President Trump addresses his decision to pardon Binance founder Changpang Xiao. And Rebecca Reddig of Geto Labs breaks down her conversations with lawmakers this week as the crypto industry pushes for comprehensive regulation.[Music] Welcome to CNBC's Crypto World. I'm Mackenzie Seagalos. Digital currencies are in the green as we head into the weekend and as we get a fresh read on inflation despite the on ...

Couple years ago, the Wizards played the um the Knicks at the O2 in London. And you know, I was feeling all that and had some banks over there show us soccer teams and we spent a day at Chelsea and I said, "We we have to stop now. Um this is so wrong and so inauthentic. How many games am I going to get to here.And how can I add value. How can the organization add value. We're just going to be a a higher level debt provider, if you will, right.We'll be in a preferred position. And I think the fans locally wi ...

For more on the commodities trade, let's bring in Francisco Blanch. He's head of commodities and derivatives research at B ofA Securities. Francisco, thank you so much for for joining us here.Obviously do all commodities, but I would like to talk about gold because for so much of the year, we've just seen this continuous run. Obviously, a little bit of a pullback. Love to get your take sort of on the year so far and then what we've seen in the last couple days and then lastly what it portends for going forw ...

Financial Performance - Intel posted its first profitable quarter since January 2024, ending six straight quarterly losses [1][2] - Intel secured $8.9 billion from the US government [4] - Intel received $2 billion from SoftBank [4] - Intel has a pending $5 billion deal from Nvidia [4] - Foundry revenue fell 2% despite cost cuts [4] Market Sentiment & Analysis - Wall Street is skeptical of Intel's turnaround despite the return to profitability [2] - Demand for Intel's older hardware is faster than anticipated due to the Windows refresh [3] - Bank of America doesn't expect meaningful improvement in Foundry's cost structure until after 2030 [5] - City reiterates a sell on Intel, believing Intel's foundry business is years behind TSMC [6] - Morgan Stanley warns that the rally in Intel's share price is driven by geopolitical enthusiasm rather than company fundamentals [6] - Some analysts believe Intel remains a "show me story" with unanswered questions and no real AI exposure [6]