CNBC Television
Search documents
Bespoke Investment Group's Paul Hickey: Macro backdrop is 'moving in the right direction'
CNBC Television· 2025-10-24 15:47
Uh, meantime, the major averages all hitting record highs following this morning's cooler than expected inflation report. Our next guest says there could be more gains to come into year end. Let's bring in Bespoke Investment Group co-founder Paul Hickeyi.Uh, Paul, good to catch up with you here. I mean, are we just in don't overthink it mode. Um, you know, we're heading into November.Uh, it seems like, uh, the bond market's kind of calm about the inflation threat and, uh, we're already up, you know, pretty ...
AI is already taking white-collar jobs, and it's likely just the beginning
CNBC Television· 2025-10-24 15:30
Workforce Reduction & Automation - Business executives in banking, auto, tech, and retail sectors anticipate workforce reductions due to AI [1] - Ford CEO aims to replace 50% of white-collar workers with AI [1] - Salesforce claims AI is handling up to 50% of the company's workload [2] - Goldman Sachs estimates AI could lead to 6-7% job losses among US workers [3] - Entry-level hiring in AI-exposed jobs has decreased by 13% [3] Cost Efficiency & Reinvestment - Companies are automating tasks to create meaningful efficiency and reinvest in business growth [2] Conflicting Reports & Industry Consensus - Yale Budget Lab indicates no discernible job disruption from AI [4] - New York Fed reports only 1% of service firms laid off workers due to AI in the last 6 months [4] - Tech industry leaders like Amazon, Palantir, and Salesforce agree AI and automation will shrink workforces [5]
Trump terminates all U.S. trade negotiations with Canada over Reagan tariffs TV ad
CNBC Television· 2025-10-24 15:15
It's a crossber fight between the United States and Canada over the words and legacy of Ronald Reagan today after President Trump objected to this ad produced by the province of Ontario using a Reagan speech on tariffs from 1987. In it, Reagan says, "Over the long run, such trade barriers hurt every American worker and consumer." Now, that provoked President Trump to lash out in a late night social media post, calling the ad fake and saying they only did this to interfere with the decision of the US Supreme ...
President Trump says U.S. terminating trade negotiations with Canada over Reagan tariff TV ad
CNBC Television· 2025-10-24 15:12
Uh let's get to Washington and a number of moving parts on the trade front. The president saying overnight he's terminating all trade negotiations with Canada ahead of a trip to Asia to meet with Chinese president Xi Jinping. Uh Aean Javvers joins us with the latest on all of that.Hey Aean. >> Good morning Mike. It's a crossber fight between the United States and Canada over the words and legacy of Ronald Reagan today after President Trump objected to this ad produced by the province of Ontario using a Reag ...
Consumer sentiment comes in at 55.0 vs. 54.9 estimated
CNBC Television· 2025-10-24 15:04
Hi Lesie. Indeed, just crossing the tape. These are October final reads to replace the midmon read. And the midmon read of 55 deteriorates to 53.6%. 53.6%.That would be the weakest level going back to May of this year. If we look at the current conditions from 61 midmon to 58.6%, 58.6% 6 will be the weakest going back to you're going all the way back to July of 22. July of 22 on expectation same 50.3% and that is from 51.2%.A big deterioration there. That would be the weakest going back to May of this year ...
NYC mayoral candidate Curtis Silwa: 'We are on the way to a fiscal crisis'
CNBC Television· 2025-10-24 15:01
NYC mayoral candidate Curtis Sliwa on Thursday criticized what he called a "bloated budget" and warned that the city of New York is headed for a "fiscal crisis." ...
Cramer's Stop Trading: Advanced Micro
CNBC Television· 2025-10-24 15:00
Let's get the gym and start training. >> I'm talking to a lot of people who are Nvidia billionaires and and I'm thrilled. They're regular people.Maybe we should start thinking about Lisa sillionaires. Okay. So, this month in 2014, she came in.The company was worth two uh $2.5% billion and now it's worth $400 billion. And it's up again today. She stayed in PC.She moved aggressively into the data center. Lisa Sue is one of the greatest executives of all time. >> Yeah.I mean, Time named her CEO of the year. Th ...
CNBC Housing Market Survey: Half of respondents say it's a buyer's market
CNBC Television· 2025-10-24 14:45
We're launching CNBC's quarterly housing market survey because we wanted to get away from kind of the cold national statistics of sales and prices and inventories and really find out what's going on in the nation's neighborhoods. So, we asked a slew of real estate agents across the country and all kinds of different neighborhoods what they're seeing on the ground. Kind of a sidewalk survey.Now, what we found is that half of the agents said it is definitely a buyer market. That means the buyers have the adva ...
Cramer's Mad Dash: Deckers Outdoor
CNBC Television· 2025-10-24 14:33
Let's get framers Matt Dash as we countd down to the bell. A lot of consumer names in focus. >> Yeah.And today it's Deckers. Uh they put out a kind of lukewarm guide and that is enough. Now I thought this had been punished over and over and over and it would bottom.But no. Uh you've got Uggs not doing that well. You have Hoka not doing that well. Uh you have the projections not that great.U the enterprise level declines. I mean, this is the truest note that just says there's elevated competition, broader ma ...
S&P global flash U.S. services come in better than expected
CNBC Television· 2025-10-24 14:33
some manufacturing and services PMI. Hey Rick Santelli. >> Yes, S&P Global.Uh these are the PMIs, their October preliminary and they are better than expected on the headline number expecting 52. Our last final look last month was 52. Comes in at 52.2% best since August of this year.And if we look at 55.2% for services, that's well above 53 and a half expected. Sequentially also higher than rearview mirror at 54.2% and that one well 55.2% would be the best going back to July when it was 55.7%. And finally th ...