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Morgan Stanley's Stephen Byrd: No job will be unaffected by AI
CNBC Television· 2025-11-18 20:49
Joining us more to talk about more of that is the implications for AI for workers. Stephen Bird, global head of thematic and sustainability research at Morgan Stanley's done quite a bit of work in this area. Stephen, thanks for the time this morning.>> Oh, thanks for having me on. >> I want to get to a couple things. One is just the value creation that you see uh being made for the S&P.But when it does come to employment, we've been teasing the segment with this notion of 90% being impacted. Is that a fair ...
House votes overwhelmingly to release all files related to Epstein
CNBC Television· 2025-11-18 20:45
The House has just voted overwhelmingly to ask the Trump administration to release all of the files related to Jeffrey Epste. This, of course, has been a big political battle that has played out now on Capitol Hill for months. The measure will now go over to the Senate.Remember, Trump has actually gone kind of given his approval for House members to vote in this way. All but one did. Now for the Senate.Senate Majority Leader Chuck Schumer is saying that he will actually try it we looks like this afternoon t ...
BXP CEO: Office real estate investment isn't dead, it's making a comeback
CNBC Television· 2025-11-18 20:30
Office Market Outlook - The predicted downfall of the office sector and its impact on the banking system has not materialized as initially feared [1] - The office market is showing signs of improvement, although not uniformly across all areas [1] - Opportunities exist to improve the performance of some office buildings through renovations and upgrades [2] Asset Performance - Some office buildings are performing well [1] Future Expectations - The office buildings are expected to find solutions and stabilize [1]
Bitcoin rises after dipping below $90,000 as investors shed risky tech holdings: CNBC Crypto World
CNBC Television· 2025-11-18 20:27
Today, Bitcoin swings as investors shed their speculative tech and crypto holdings. Senators call for a probe into the Trump family's World Liberty financial over alleged token sales tied to North Korea and Russia. And John Woo of Avalabs breaks down what factors contributed to Bitcoin's price dropping below $90,000 this morning.Welcome to CNBC's Crypto World. I'm Talia Kaplan. Cryptocurrencies are mixed as investors continue to sell their speculative crypto and tech stock holdings.As of noon Eastern, Bitco ...
Trump: 'People are holding me back' from firing Fed Chair Powell
CNBC Television· 2025-11-18 20:15
Have you started the interviews for the Fed chair. >> Yes. >> Who have you interviewed.>> I think I already know my choice. >> Who is it. >> Well, I liked him, but he's not going to take the job.He refused. You like Treasury better, right. >> Much better, sir.>> Uh, so we are talking to various people and the I mean, frankly, I'd love to get the guy currently in there out right now, but people are holding me back. He's done a terrible job hurting housing a little bit. The truth is we we've been so successfu ...
Trump calls to revoke ABC's license over reporter's Epstein files question
CNBC Television· 2025-11-18 19:45
Mr. . President, why wait for Congress to release the Epstein files. Why not just do it now.>> You know, it's not the question that I mind. It's your attitude. I think you are a terrible reporter.Uh it's the way you ask these questions. You start off with a man who's highly respected asking him a horrible uh insubordinate and and just a terrible question. And you could even ask that same exact question nicely.You're all psyched. somebody psyches you over at ABC, they're going to psych it. Uh, you're a terri ...
Fed's hawkish rate cut tone is behind bitcoin pullback, says Pantera's Jiang
CNBC Television· 2025-11-18 19:09
Bitcoin, it briefly dipped below 90K, but it's back around $93,000. It's down about 10% in just one week. It's now negative for the year.Is this the bottom or are we headed lower from here. Joining me now is Cosmo Jang, general partner at Panta Capital. Cosmo, it's great to have you on.>> Hi, Morgan. Thanks for having me. >> Is this crypto winter coming early here.>> Look, we just had a long six-month rally, so some consolidation I think is very reasonable. Crypto tends to have these characteristics of risk ...
Google releases Gemini 3.0 model, closes gap on ChatGPT
CNBC Television· 2025-11-18 19:06
Well, meanwhile, Loop upgrading Alphabet to buy this morning, saying, quote, "Weights of AI enthusium enthusiasm have obliterated the wall of worry." They specifically say search concerns are no longer valid with traffic share to Gemini having doubled yearon-year. That was before Google came out with news on Gemini earlier today, and Dear Josa has more on all of it in today's tech check. Hi, D.>> Hey, Morgan. That's right. It was the Gemini 3.0% launch, and Alphabet shares, they're higher today.So a bright ...
Trump: 'People are holding me back' from firing Fed chair Powell
CNBC Television· 2025-11-18 18:52
Hi, that's right. President Trump just wrapping up a session in the Oval Office with Saudi Crown Prince Muhammad bin Salman. The president uh sort of jawboning bin Salman uh during the course of that Oval Office session to increase his commitment to investments in the United States from uh an announced $600 billion to a full $1 trillion.Interesting interplay between the two leaders there as they talked about how much the Saudis would ultimately end up investing. But Muhammad bin Salman expressing optimism a ...
Squawk Pod: The Saudi visit, the Epstein vote & Oz Pearlman the mentalist - 11/18/25 | Audio Only
CNBC Television· 2025-11-18 18:37
Geopolitics and International Relations - Saudi Crown Prince Muhammad bin Salman's visit to Washington DC is expected to strengthen defense, trade, and technology ties, including AI and nuclear energy [6] - The US is considering approving the sale of Lockheed Martin's F-35 fighter jets to Saudi Arabia, potentially altering the military balance in the Middle East [7] - Discussions are expected regarding Saudi Arabia potentially joining the Abraham Accords, contingent on an ironclad path to a Palestinian two-state solution [52] - The UN Security Council approved President Trump's plan for Gaza, but the challenge remains in disarming Hamas [60] - The EU is considering laundering frozen Russian reserves, estimated between $150 billion and $250 billion, through Euroclear bonds to aid Ukraine [66] US Domestic Policy and Politics - The US Department of Labor's website revealed initial jobless claims totaled 3232000 in the week ended October 18th, and continuing claims came in at 196% million, up slightly from 195% million in the prior week [5] - Former Treasury Secretary Larry Summers is stepping back from public commitments following the release of emails showing a friendly relationship with Jeffrey Epstein [15] - Congressional Republicans are proposing a new healthcare plan involving prepaid healthcare savings accounts, funded by allowing premium tax credits to expire [37] Morality and Accountability - The visit of Saudi Crown Prince Muhammad bin Salman raises questions about accountability for the 2018 killing of journalist Jamal Kosigible [9][56] - The discussion revolves around the "penalty box" concept for moral offenses and whether there is a duration or different measures for different people and offenses [10][11] - There is a debate about selective morality and whether standards are applied differently to different individuals, particularly in the context of political figures [22][27] Business and Finance - The US Saudi Investment Forum is scheduled [7] - The Saudi Crown Prince previously announced $600 billion to be spent in the US in various endeavors [52] - Mentalist O Pearlman, a former Wall Streeter, discusses using insights into the past to avoid financial disasters [74]