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Schein: We are bullish for next year
CNBC Television· 2025-12-15 13:37
So Steve and I were just both talking about it, the potential market moving reports we're getting. The jobs one seems to be the one with the most potential at least coming up on Tuesday. Uh how are you viewing it. What do you see it. What do you see it potentially impacting.>> Well, we're finally getting the government data back and that's most important for just guidance. I we're talking about the Fed and oh by the way, there's a 100% chance that it's going to be a Kevin for the Fed chairmanship moving for ...
Sen. Pete Ricketts on health care: Republicans want to empower people by giving them the money
CNBC Television· 2025-12-15 13:28
Today is the deadline to register for the Affordable Care Act's open enrollment. It also marks the last week for Congress to get anything done on the healthcare front before the subsidies expire. Joining us right now to talk about this and so much more, Nebraska Republican Senator Pete Rickettts.Good morning to you. >> Morning. Thanks very much for having me on.>> So, we've been talking about Obamacare. We've been talking about healthcare. We've been talking about what is going to actually happen in Washing ...
Bos: Privacy is a fundamental right, not a loophole
CNBC Television· 2025-12-15 12:40
Financial Surveillance & Regulation - The discussion revolves around the necessity of financial surveillance in the context of blockchain and crypto, questioning whether a lack of privacy should be the default in financial transactions [1][2] - The industry acknowledges the need to balance compliance and regulations with the fundamental right to privacy, especially as markets move onchain [3][5] - The industry is exploring privacy-enhancing technologies like zero-knowledge proofs to ensure compliance while maintaining privacy and avoiding data breaches [5] Emerging Technologies & Security - The report considers emerging technologies like AI and quantum computing as potential threats to privacy and cryptography [6][7][8] - The industry is developing and utilizing post-quantum resistant cryptography to address potential threats from quantum computing [9] - The industry emphasizes the importance of cryptography being at the forefront of discussions regarding emerging technologies and their impact on privacy [9] Tokenization & Transparency - The report discusses the implications of tokenizing equity markets and the level of transparency required [2][4] - The industry questions whether increased transparency is necessarily a positive development [3]
CNBC All-America Economic Survey: 41% of Americans plan to spend less this holiday season
CNBC Television· 2025-12-15 12:35
Time now for the CNBC All-America Economic Survey holiday edition. For the past 19 years, we have tracked how much shoppers are spending for Christmas and most importantly this year. What is behind the spending decisions.Senior economics reporter Steve Leeman has the details, joins us here on set. Steve, >> thank you Melissa. Uh this looks to be the Christmas where inflation is the red-nosed reindeer that is leading shopping decisions among American consumers in a way we have not seen before.The CNBC All-Am ...
Barnes & Noble CEO on state of the book business: 2025 has been a fantastic year for us
CNBC Television· 2025-12-15 12:32
It's holiday gift buying in full swing joining us right now with a view of the economy through his lens as a book seller. James D is here. He's a Barnes & Noble CEO. Good morning to you. Good morning. >> And I was just thanking you because I've been in a whole bunch of Barnes & Nobles over the past couple months as I've been uh selling my book. But how do you see the book business as an indicator of the economy these days and the sense of how many people are actually buying books these days? books thankfull ...
Katz: Consumers are spending more on experiences than things
CNBC Television· 2025-12-15 12:28
Travel Trends - Travel volume reached a record 122 million people, a 2% increase year-over-year [1] - Consumers are prioritizing spending on experiences over material goods, a trend expected to continue into 2026 [2] - While flights and driving saw a 2% increase, other travel forms like buses, trains, and cruises jumped over 9% [3] Cruise Industry Analysis - Cruise lines are perceived as a better value proposition due to their all-inclusive nature [3] - Cruises are on average 25% less expensive than land-based vacations [4] - Approximately one-third of cruise bookings come from first-time cruisers [4] - Cruise lines' investments in private islands in the Caribbean are a significant attraction [5] - Cruise penetration among total travel nights remains in the single digits, indicating growth potential [8] Economic Factors and Consumer Behavior - Consumers are trading up in value by choosing cruises over land-based vacations [7] - The economic recovery favors luxury travel, benefiting companies like Viking [8] - The main cruise customer base is the middle class, who are expected to benefit from future stimulus [9]
Sosnoff: After this week, the market comes back to earth
CNBC Television· 2025-12-15 12:26
All right, let's talk about the change in retail investor sentiment when it comes to the Mag 7. So, right now they're driving about a third of the action, a third of the volume when it comes to the Mag 7, but you say that's down quite a bit from the levels that we were at last year and the year before. What does that say about the thoughts that this is a bubble. What does that say about retail investor confidence in the AI trade.>> Well, we're we're still only like, you know, one 2% off all-time highs. So, ...
CNBC Investigations: FDA trip sparks questions
CNBC Television· 2025-12-15 12:25
The FDA has been an agency under fire. From controversial staff appointees to deep staffing cuts to being openly questioned by former FDA chiefs about medical policies. Now CNBC has learned that in the depths of the government shutdown, the FDA approved sending staffers on a quarter of a million dollar trip to a conference in Singapore, prompting questions about the agency's priorities. Here's the story. On the last day of the government shutdown, employees from the Food and Drug Administration boarded plan ...
Mahn: The real focus is where billions of dollars are being spent
CNBC Television· 2025-12-15 12:07
Market Outlook - The market is expected to be more choppy with short-term volatility, but overall move higher next year [5] - Evercore projects a 13% upside from Friday's close to a 7750 price target in 2026, expecting more volatility swings [6] - Investors should focus on where the billions of dollars are being spent, rather than playing the interest rate guessing game [3][4] Investment Opportunities - AI infrastructure, aerospace and defense, power solutions for AI, and small-cap biotech M&A in healthcare are key areas of investment [4] - Cooling solutions for data centers are heating up as an investment opportunity [7] - Comfort System (FIX) is highlighted, with the stock up over 142% year-to-date and 82% annualized over the last five years, being added to the S&P 500 on December 22nd [8] AI Infrastructure Play - Multiple beneficiaries exist within the AI ecosystem beyond volatile semiconductors and chips [10] - Companies like Modin Manufacturing, Verdive Solutions, and construction companies like ACOM offer ways to play the AI infrastructure play [10]
Pollster Frank Luntz on the affordability debate: The economic insecurity and anxiety is real
CNBC Television· 2025-12-15 12:07
The number one issue facing Americans today, which they say will impact their vote in the 26 midterm, is affordability of everyday items like food and fuel. That's according to a recent survey conducted by our next guest. Joining us right now is pollster and political strategist Frank Lunts.Frank, it's great to see you. Uh we we've been talking about this word affordability, which has become sort of part of the the political uh if not popular lexicon. Uh the president has said that word is a conj job.Uh Gre ...