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Why AI giants are giving their products to the government for $1
CNBC Television· 2025-08-15 20:38
OpenAI and Anthropic both recently announced plans to sell their artificial intelligence products to the U.S. government for just $1. They're the latest in a series of moves by AI giants to develop closer ties to Washington. ...
Fed should cut rates but they're weighing inflation more than employment, says Apollo's Torsten Slok
CNBC Television· 2025-08-15 20:30
I want to welcome in Torson Slo. He's partner and chief economist at Apollo. He's here with us at Post Nights.Good to see you. Welcome to our program. >> Thanks for having me.>> What does pretend Fed President Sllo do in September. What would your vote be. >> Well, the challenge here is that the dual mandate is of course very torn.On the one hand, inflation is going up as we saw in the PPI data. And when inflation is going up, the Fed should be hiking. On the other hand, the employment report for July was v ...
Citibank considers expanding crypto services to asset custody, stablecoins: CNBC Crypto World
CNBC Television· 2025-08-15 20:19
Today, Bitcoin continues its retreat from its new all-time high. Wall Street groups join consumer advocates to ask for a revision to the Genius Act. And ArchInvest's David Pwell weighs in on what's driving crypto prices amid increased interest in crypto treasury strategies. Welcome to CBC's Crypto World. I'm Brandon Gomez. Cryptocurrencies moving lower as we head into the weekend. As of noon Eastern, Bitcoin continued its retreat from its all-time high, now trading at the $117,000 level. Ether fell to the $ ...
U.S. will have to apply more pressure on Russia to reach ceasefire, says Brookings' Michael O'Hanlon
CNBC Television· 2025-08-15 19:39
I'd like to welcome in the Brookings Institution, uh, the director of foreign policy research, Michael O'Hanlin, who is with us. And Michael, it's good to have you with us as they make their way towards the stage here. You can speak to the fact that we've literally rolled out the red carpet in a way that some said we should not have.Yeah, I think it's fine as long as President Trump remembers what he seems to have concluded these last few months that this war was started by Russia, that this war is being su ...
Market broadening could happen in second half of the year, says Morgan Stanley's Aaron Dunn
CNBC Television· 2025-08-15 19:37
Okay, we're going to go to Aaron Dunn and Power Check right now. So, let's bring in Aaron Dunn if we can. And I think that we can.Aaron Dunn, uh, welcome. It's, listen, it's one of these fluid days with a lot of news that is happening right now, Erin. So, we appreciate your patience.Uh, you're you're a scholar and a gentleman. You're head of value equity at Morgan Stanley Investment Management. Um, let's move on. Let's talk about it.Um, what is top of mind, Aaron, for you. So I think one things we're really ...
Trump-Putin talks' best case scenario is a ceasefire, says Rapidan Energy's Bob McNally
CNBC Television· 2025-08-15 19:37
Let's go now to back to Bob McN. Bob, it's a little bit fluid, so I appreciate it. Um, you just heard that conversation.How is Russia so successfully getting around the current sanctions. Hey, Brian, it's not a question of getting around. These sanctions under President Biden were designed purposely to help Putin sell his oil.President Biden went to India and said, "Please import Russian oil." Why did he do that. because we didn't want the oil price staying at $127 a barrel, which is where it went in right ...
Trump, Putin shake hands ahead of Alaska summit
CNBC Television· 2025-08-15 19:36
seems to be. I'm just going to let the pictures speak for themselves. They'll make their way down the red carpet.Now, the president of course saluting. ...
Russia's economy isn't as isolated as people realize, says Oliver Wyman's Dan Tannebaum
CNBC Television· 2025-08-15 19:35
market and we have two great guests on both sides of the story. First off, Daniel Tannenbomb is partnered Oliver Wyman and a senior fellow at the Atlantic Council and Bob McN, president and founder of Rapidan Energy Group. Bob, we'll get to you in just a second.Let us start with Dan. He is an expert, one of the world's leading experts on sanctions. Um, there currently are semi sanctions on Russia.Dan, correct. Can you lay it out cleanly where are we now and what might happen if things go poorly. Well, Brian ...
Trump, Putin walk red carpet ahead of talks in Alaska
CNBC Television· 2025-08-15 19:35
Yep. And you look at Vladimir Putin emerging from his aircraft just seconds after President Trump has emerged from his. So Trump the first to set foot on Alaskan soil here as Vladimir Putin makes his way down the stairs.All of this presumably choreographed between the two sides very tightly uh in terms of the protocol here of who greets who and when. Um and you know whether each man wait makes the other man wait uh for the handshake uh you know all of that uh is is something that both sides will have though ...
Trump and Putin arrive in Alaska for historic summit
CNBC Television· 2025-08-15 19:30
Russian President Vladimir Putin has landed in Alaska for high-stakes talks with President Donald Trump, who seeks to negotiate a ceasefire in Russia’s war with Ukraine. Trump greeted Putin on an Anchorage tarmac shortly after the Russian leader’s plane landed. Trump had arrived earlier. ...