Starting the third week of the war in the Middle East, Morgan Stanley’s chief of U.S. equity strategy Mike Wilson discusses the energy and broader markets and considers the likelihood of a recession in the short term. On the ground in Dubai, CNBC’s Dan Murphy reports on Iran’s strikes on the UAE’s critical energy infrastructure and transportation hub. The Strait of Hormuz is pivotal to the conflict; President Trump is reportedly planning a coalition of naval escorts through the channel key for the world’s e ...

Welcome back. Nvidia hosting its GTC conference in San Jose this week. Christina Partz on the ground with some of the most important announcements we should be watching for.Christina. >> Well, Sarah, for years, Nvidia's pitch was simple. One chip for everything.Training AI models, running them, answering your queries. The GPU does it all. But that pitch is now under pressure.The AI industry has shifted. Even just within the last eight months, companies aren't just building models anymore. They're running th ...

Janine Piro, the US attorney for Washington, vowing to continue the fight against Fed Chair Powell after a judge quashed two subpoenas she sought in a criminal probe of whether Powell lied to Congress in testimony about the Fed's building renovations and cost overruns. Her actions create the potential for Fed Chair Powell's term to extend beyond the May 15th expiry. Pyra's announcement came uh despite findings by a US district court that quote there is abundant evidence that subpoena's dominant if not sole ...

Welcome back to Squawking the Street. Treasury Secretary Scott Besson sat down with our Brian Sullivan earlier today. They were on the sidelines of China train China trade talks in Paris.They made some headlines as well about the war in Iran and of course the straight of war moves. Brian joins us now. He's got a lot more for us.Brian, >> yeah, easy for you to say, David. I'm the one that's jet-lagged. I'm probably going to do that about 10 times, but we had a wide-ranging about a 15minute long just totally ...

For more on the latest developments in Iran, let's bring in Fred Kemp, CEO of the Atlantic Council. Fred, looking at the the global picture, I wonder what you make of of just where we are when it comes to the Straight of Hormuz, and you know, there was talk that some of the allies, some of our the US allies would help try to get ships through. Where do you think we are on that.>> Well, so first of all, let's be very clear about how the administration feels and then what the race against time is. Uh the admi ...

Homebuilder sentiment in March rose one point to 38 and February's reading was revised one point higher. So it's a slight beat. Now the street was looking for 37, but anything on the NAHB survey below 50 is considered negative.The index stood at 39 one year ago. Now this reading was taken this month as mortgage rates moved higher due to the war in Iran and fears over oil and inflation. Of the index's three components, current sales conditions rose one point to 42.Buyer traffic rose three points to 25 and fu ...

Treasury Secretary Scott Bessent told CNBC on Monday that the administration has no plans to intervene in financial markets and may not have the authority to do so even if it wanted. ...

President Trump speaks to the press on Monday ahead of his lunch with the Trump Kennedy Center board members. For access to live and exclusive video from CNBC subscribe to CNBC PRO: https://cnb.cx/42d859g » Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision » Subscribe to CNBC: https://cnb.cx/SubscribeCNBC » Watch CNBC on the go with CNBC+: https://www.cnbc.com/WatchCNBCPlus Turn to CNBC TV for the latest stock market news and analysis. From market futures to live price updates CNBC is the leader ...

Jeremy Siegel, professor emeritus of finance at University of Pennsylvania’s Wharton School of Business and WisdomTree chief economist, joins 'Squawk Box' to discuss the state of the economy, what to expect from the Fed's two-day policy meeting this week, impact of the Iran war, interest rate outlook, and more. ...

The United States is allowing Iranian oil tankers to transit the Strait of Hormuz, Treasury Secretary Scott Bessent told CNBC in an interview Monday. “The Iranian ships have been getting out already, and we’ve let that happen to supply the rest of the world,” Bessent told CNBC’s Brian Sullivan. ...