Workflow
CNBC Television
icon
Search documents
Stress test results show Fed wants to spur the banks to lend, says Chris Marinac
CNBC Television· 2025-06-27 21:41
Get more in the banks with Chris Marinac. He's director of research at Janney Montgomery. Scott, Chris, great to have you back. Nice to see you.Any surprises to the upside or the down. I guess there really were no downside surprises, but any surprises there. I think you're going to see more buybacks and I think on Tuesday when the banks were free to discuss their share and and capital returns, it'll be positive.The average bank in the stress test this year had a 3% decline in shares outstanding from the end ...
'Fast Money' traders talk record closes for the markets and trade talk troubles with Canada
CNBC Television· 2025-06-27 21:37
We did see we did see the markets react uh just a bit but still pretty close to uh to highs here. Steve Graco, what do you make of all this. Yeah, I think that people if you look at the response time that all of these stories that they've taken to be digested with the market, we've all been around long enough, right.the financial crisis, trade crisis, do bubble, COVID all work through more rapidly with every consecutive crisis. So, I think the market right now has moved on and said this is probably just the ...
We're still in very early stages of AI, says Deepwater's Gene Munster on tech resurgence
CNBC Television· 2025-06-27 21:30
Will Apple turn the corner in the second half. Joining us now, Gene Monster, managing partner at Deep Water Asset Management. Gan, it's great to have you on.Hi, Morgan. What's it going to take for Apple to rally here. I think it's going to take optimism that the new Siri is going to crush it.And after WWDC, that was the clear message from senior management. They basically went on a media blitz to tell people, judge our AI chops on what that new series is going to look like. And I think that for investors ge ...
Treasury Sec. Bessent: 'Very good chance' tax bill makes it to president's desk by July 4
CNBC Television· 2025-06-27 21:30
is the Republicans have reached a tentative deal uh regarding the state and local tax deduction salt. At least that's what we're hearing. That had been a sticking point.My colleague Emily Wilkins is reporting there are a few other key topics still being worked out. But can this big beautiful bill make it to the president's desk by July 4th. Uh I think there's a very good chance and the only way to get there is for the Senate to start voting this weekend. I think there I was just with uh the Senate Republica ...
RBC's Gerard Cassidy talks results of Federal Reserve stress test
CNBC Television· 2025-06-27 21:30
Well, joining me now is Gerard Cassidy, co-head of global financials research at RBC Capital Markets. And Gerard, we turn our attention back to these bank stress tests that we just got from the Fed. So, what is your takeaway on the results we just got, especially given the fact that we have what, two full working days before the banks can start to make announcements about what it'll mean for buybacks and dividends.Sure. Thank you, Morgan. And um the results across the board were very positive.As you pointed ...
Fed stress test finds all 22 banks tested remained above minimum capital requirements
CNBC Television· 2025-06-27 21:28
CNBC's Leslie Picker joins 'Closing Bell Overtime' with the results of the Federal Reserve's stress test. ...
Wouldn't cut rates at this point, says former Fed Governor Daniel Tarullo
CNBC Television· 2025-06-27 13:25
he's a very stupid person, actually. >> Well, President Trump's battle with Fed Chair Jay Powell taking another turn this week or another leg down. I suppose those attacks coming as the Wall Street Journal reported this week that the president may announce Powell's replacement by early this fall.The white House yesterday denying that the president is close to announcing Powell's successor. And joining us right now is former Federal Reserve Governor Daniel Tarullo. He led the central bank's regulatory reform ...
Premature to breathe a sigh of relief on tariff-induced inflation: Morgan Stanley's Seth Carpenter
CNBC Television· 2025-06-27 13:17
Joining us now, Seth Carpenter, global chief economist at Morgan Stanley. Steve Leeman, uh, is also here, Steve. Um, welcome, Seth.Good to have you on. Let me just Let's I you know, I said immediately, wow, we got good reasons and bad reasons to cut. Yeah, there's a lot to get through here, Joe, and I think we're still seeing maybe some distortions from tariffs and some also some of the changes going on from the Trump administration.So, just to get to the income number, which Rick correctly raised, you know ...
Exxon Mobil CEO: EU's CSDDD is some of the worst legislation I've seen passed anywhere
CNBC Television· 2025-06-27 13:08
plans. com now. >> All right welcome back everybody.Joining us right now for an exclusive interview to discuss all things energy and oil is Darren Woods. He's ExxonMobil's chairman and CEO. And Darren I want to thank you for being with us this morning.Good to see you. It's good to see you, too. We've been watching so closely what's been happening with oil prices. And we've seen a real rapid rise and then drop off again after what's been happening in the Middle East.Crude oil back at $65 a barrel. But it got ...
Core inflation rate rose to 2.7% in May, personal income falls
CNBC Television· 2025-06-27 13:06
Darren. >> Thank you so much for joining us. We appreciate it.>> Personal income and spending numbers for me. Plus the Fed's favorite inflation gauge PCA, PCE data treasuries Rick Santelli. Just do it Rick.Tell us what you got. >> Yes. May income spending and all the inflation numbers.And there are surprises here. Personal income which really has been quite strong throughout 2025 takes a bit of a hit here. Down 4/10.We were looking for a number up 3 to 4 tenths. This would be the first negative number going ...