Um there's uh definitely a bubble in uh the markets. Yeah. Um bubbles.What is a bubble. Right. Okay.What is a bubble. >> What what is a bubble. Uh a bubble um is that there's a lot of creation of wealth from various ways such as you decide that you're going to have a uh sell $50 billion worth of stock and value it at uh trillion dollars or you have multiples like that and then you create the wealth that way and then the question with all this wealth relative to money is who needs the money. So it's all it's ...

Amy, I'm so glad to be here today. I don't know that I've ever done an interview at an ice hockey rink. I wish I could say the same, because usually I'm very cold.But welcome to the practice and the home of the New York sirens. It's amazing. I mean, it's only been a couple years for the professional women's league to get started, to launch.How's it going. I mean, we are doing great. I think we've exceeded any expectation that anybody had for our league.Years one and two, attendance went up 27% our partnersh ...

Employment Growth - Non-farm payrolls increased by 119,000 in September, the highest since April's 158,000 increase [1] - The previous month's (August) job growth was revised down from 22,000 to a loss of 4,000 jobs [1] Unemployment Rate - The unemployment rate unexpectedly rose from 43% to 44% [1] - The last time the unemployment rate was at or above this level was in October 2021, at 45% [2] Labor Force Participation - The labor force participation rate increased to 624%, matching the level in May [2] - To find a higher labor force participation rate, one must go back to April of this year, when it was 626% [2] Average Hourly Earnings - Month-over-month average hourly earnings increased by 021% [3] - This increase is considered weak, as expectations were for a 03% increase, and the June increase was 02% [3] - A lower month-over-month increase was last seen in August 2023, at 011% [3] - Year-over-year average hourly earnings increased from 37% to 38% [3] - This 38% increase is the highest since July's 39% increase [3] - The high water mark for year-over-year average hourly earnings for the year remains at 39%, observed for four months [3]

You're right. I mean, what do we get in terms of the customer makeup? Uh, we got four 10% plus. So, you've got 22% 15% 13% and 11%. Those are four customers, but we don't know who they are. >> No, we don't. And they're playing very close to the match. But I they also made it clear that if you were the president, uh, the president's obviously very key of what they're doing. Uh I think you'd say again I want as much of that in in the United States as possible. Uh but it it's so vast. Again it's just it's the ...

We are just seconds away from that delayed jobs number. We're watching the futures this morning. They're up sharply ahead of that because of what we heard from Nvidia last night.Dow futures up by about 250 points. S&P futures up by over 80. The Nasdaq now indicated up by about 5 or 425 points.Take a look at what's been happening in the Treasury market. We have seen higher yields. The 10ear sitting right at 415.The 2-year at 361 ahead of all of this. Rick Santelli is standing by at the CME in Chicago. And Ri ...

Mario Cordero, chief executive at the Port of Long Beach, tells CNBC's Lori Ann LaRocco that a record year for freight volumes driven by frontloading of trade has given way to a recent steep drop in Chinese imports. He is hoping the recent pause in trade hostilities between the U.S. and China helps. ...

looking at the uh items on the water. When it comes to the containers, vision platform is seeing a decrease in containers coming uh to the United States for November and December. What are you specifically seeing as it relates to vessel calls and uh TEUs or containers coming to the port.>> Well, we're also seeing that decrease, Laurian. You know, uh the first nine months we were up about 6.8% 8% almost 7% from our volume or record volume in 2024 year to year. Now that we move towards October, uh now we're t ...

And now to our newsmaker of the morning. He is here joining us to discuss the markets, the history of economic bubbles, artificial intelligence, so much more. Bridgewater founder Ray Dallio is with us. Good morning to you, sir. >> Good morning. >> So, you've been uh providing lessons for us for a very long time about economic cycles and where we are and what's going on. The big question in the market right now because we're looking at Nvidia this morning and I think a lot of people are waking up thinking wh ...

White House press secretary Karoline Leavitt holds a press briefing with reporters on Thursday. For access to live and exclusive video from CNBC subscribe to CNBC PRO: https://cnb.cx/42d859g » Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision » Subscribe to CNBC: https://cnb.cx/SubscribeCNBC » Watch CNBC on the go with CNBC+: https://www.cnbc.com/WatchCNBCPlus Turn to CNBC TV for the latest stock market news and analysis. From market futures to live price updates CNBC is the leader in business ne ...

AI and Job Displacement Concerns - AI is expected to transform the economy, eliminating jobs, particularly entry-level positions, while creating new ones downstream [1] - Recent college graduate unemployment is currently at 9%, and could rise to 25% if no action is taken [1][7][11][18][19] - Big banks are already cutting internship programs and hirings by 50%, with further cuts planned for next year [4] Proposed Solutions and Responsibilities - A bipartisan bill is introduced to require companies and the federal government to report AI-related job data, including losses, to the labor department [1] - The AI community should contribute to and help design retraining programs to bridge the gap between job losses and the creation of new AI-centric jobs [1][2][4][8][9][13] - The AI community should acknowledge the level of job dislocation and work with the government on solutions [2][4][8][9][13] Funding and Contribution Models - The AI community should make a contribution to address job dislocation, potentially through a public-private initiative [10][13][14] - The contribution could come from various entities, including those using AI (e.g., big banks) or those providing AI technology (e.g., large language model providers, chip manufacturers) [15] - The discussion revolves around whether this contribution should be mandatory (a tax) or voluntary [10] Government and Industry Collaboration - Government's response should involve working with the AI community to design job training and retraining programs [8][13][18] - Historical job retraining programs, such as the Trade Assistance Act in the early 1990s, were not effective [3][13] - Engaging with the AI community at the front end of the transformation is crucial to creating effective solutions [13] Data and Reporting - Good data on AI-related job losses is essential to understanding the situation and informing policy [1][7] - Reporting requirements should apply to everyone engaged in AI, not just tech companies [15] - The use of data should be transparent, and concerns exist that if it's perceived as being used for a tax, companies may be less honest in their reporting [6][10] AI's Broader Impact - AI is expected to bring significant benefits and a productivity boom across various industries [16][17] - The benefits of AI should accrue to all of industry, potentially leading to increased profits and profit margins for companies [17] - Redistribution of profits through taxes is a consideration [17][18] Federal vs State Regulation - There is a debate on whether AI regulation should be at the federal or state level [20][21] - A single national standard with preemption around AI is favored by some, but others believe state pressure is needed to prompt Congressional action [21]