talk more about the possibility of this government stake with the commerce secretary Howard Lutnik who joins us I believe this morning from Washington. Morning Mr.. Secretary. Good to see you. >> Good morning. Nice to see you guys. >> Can you can you help us understand sort of the calculus behind this move? >> Sure. So for national security we need to make our own chips here. We cannot rely on Taiwan, which is 9,500 miles away from us and only 80 miles from China. So you can't have 99% of leading edge chips ...

Joe, let's go all the way back to Friday because, you know, I want to set the record straight on what went on in Alaska. Alaska was a show of force by President Trump. He invited President Putin to land that the Russians used to own.Uh he displayed a huge amount of military hardware and then did a flyover. It It was kind of like inviting your uncontrollable neighbor uh to your house and showing him your gun case. So then we the president Zalinski we had a very good meeting with him in and his team in the ov ...

of the last payroll report or because you absolutely must look through the inflation principle. Yeah, I think that's I think that's a fair assessment as to whether it'll be red hawkish and then maybe the market will say I don't we don't care. We still think it's going to go.Let's get the opening bell here in the CBC realtime exchange with the big border. CB Research Partnership, a nonprofit seeking to cure some rare skin diseases at the NASDAQ as soup and snack food maker. The Campbell company celebrating i ...

Let's talk more about the possibility of this government stake with the commerce secretary Howard Lutnik who joins us I believe this morning from Washington. Morning Mr.. Secretary. Good to see you. >> Good morning. Nice to see you guys. >> Can you can you help us understand sort of the calculus behind this move? >> Sure. So for national security we need to make our own chips here. We cannot rely on Taiwan, which is 9,500 miles away from us and only 80 miles from China. So you can't have 99% of leading edge ...

I I know part of what the administration has done has tried to make it tougher for Russia to be able to sell its oil. Um it cracked down pretty tough on India which is importing a lot of Russian oil but not so much when it comes to China. Is is China in the wrong for importing so much Russian oil as well.I think they import just as much as India does. Uh well let's go back and look at the history though, Becky. And look, the China importing it is suboptimal.But if you go back and look pre22, pre-invasion, 1 ...

Meanwhile, crypto investors and policy makers gathering in Jackson Hole this week for the second annual Wyoming Blockchain Symposium. It's hosted by Salt and Kraken. And joining us right now first on CNBC, Anthony Scaramucci, founder and managing partner of Skybridge Capital.Uh smart to do this almost as a shoulder event uh to uh to Fed Chair Jay Powell. That was the plan. That was the plan, Andrew.And uh interestingly enough, under the Biden administration, no Fed officials accepted the invitation last yea ...

Joining us now, Logan Motami, uh, Housingware lead analyst. And, um, I guess the first thing you can talk, you know, talk about what the Treasury Secretary alluded to or or just respond to the numbers that we just heard from, uh, from the federal government. >> You know, single family permits have been going lower and lower for some time now.Uh the big publicly traded builders can still buy down rates to get below 6% to move product, but the smaller builders are at a disadvantage here. Multif family constru ...

seconds away now. Uh, in fact, about 5 seconds from housing data and Rick Santelli standing by at the CME in Chicago. Rick, are the numbers, please.>> Good morning, Joe. Yes, we're looking for housing starts for the month of July. Permits, just a preliminary first of two we'll get for July.Starts expected just a whisker under 1.3% million come in significantly stronger. 1,428,000. That is a nice jump uh from 1,321,000 which was last month and that well that was the lowest since the previous month which was ...

>> The white House says it's working to schedule a meeting between Russian President Putin and Ukrainian President Zelensky. Joining us right now is the former NATO supreme allied commander, Wesley Clark. He's a retired four star army general and now chairman and CEO of consulting firm Wesley Clark and Associates and general.Let me just ask what you thought. I don't want to be leading the witness. What was your takeaway from what you've seen over the last 3 or 4 days.>> Well, I think it's a good thing that ...

We got a broadcast deal to tell you about and a possible spoiler as well to talk about this morning. A short while ago, NextStar Media Group said that it's going to buy rival Tegna in a cash deal valued at $6.2% billion. The transaction still subject to regulatory approval and Tegna shareholder approval.Meanwhile, late yesterday, the Wall Street Journal reporting that Sinclair, one of the nation's largest owners of local TV stations, wants to merge its TV business with Tegna. So there's a lot going on here ...