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Mad Money 03/12/26 | Audio Only
CNBC Television· 2026-03-13 23:04
Hey, I'm Kramer. Welcome to my world. Jim Kramer burst onto the scene because of Mad Money. >> IT IS TIME FOR THE LIGHTNING ROUND. MAD Money by sell. You know, it's short attention span theater for stock pickers. >> FIRST ON CNBC. ALERT, ALERT, ALERT. It was a combination of Barnaman Bailey entertainment incredible content that was easy to understand and I give him and his producers great credit for literally cracking the code. Fired. FIRED. Somebody has to stand up for the shareholders who actually pay the ...
Fmr. Dallas Fed President Richard Fisher of Powell investigation: Pirro will lose these appeals
CNBC Television· 2026-03-13 20:54
Let's bring in former Dallas Fed President Richard Fischer. Richard, great to have you uh with us on a day like today. What do you what do you make of all of this.This this seems like a a big step uh on the part of the judiciary in terms of checks of the power of the administration and also a victory for the Fed. >> I think it's a victory for the Fed, but I think what has been missing in this discussion, Pal has been elected chairman of the FOMC for the year. There is a scenario if he decides to stay on the ...
Top AI researchers are choosing this 24-year-old's AI startup over Big Tech
CNBC Television· 2026-03-13 20:30
there's this sort of like new school of AI researchers and engineers. They um you know realize this fact that in the past scientific discovery takes like decades and even centuries but today with AI it can be the timeline can be greatly compressed. So it's it's really exciting.It's almost like you know this opportunity is right here in front of us where the work we do can have very rapid impact and it's deep tack but it's also much faster than you know anything that has happened before. We are puzzle solver ...
Judge blocks subpoenas against Fed Chair Powell citing 'essentially zero evidence'
CNBC Television· 2026-03-13 20:15
There we do have some breaking news. We'll get back to this conversation, but it is regarding the Fed and the investigation into Chair Pal. Aean Jabvers has that for us. Aean, what are we learning here? >> Scott, we're learning that a federal judge had quashed the subpoenas uh in this investigation by the US attorney's office for the District of Columbia into uh JPAL and the Fed's uh longtime renovation project. The federal judge here is Judge Boseberg for the District of Columbia, the District of the Distr ...
Strait or Hormuz seeing less than a handful of tankers pass per day, says Kpler's Matt Smith
CNBC Television· 2026-03-13 20:14
Let's bring in Matt Smith. He's the lead oil analyst at Kepler, which owns marine traffic. com.So, first of all, welcome. And we checked in with you a few days ago. It's nice to have you here on set.Um, what would you describe as the current state of affairs in the straight. >> A few ways really. One is that as you, as you mentioned, it's ground to a standstill there, right, in the actual straight, but in terms of and in the M East Gulf, you know, it's there's just all these tankers that are stuck in there ...
U.S. Attorney Jeanine Pirro responds to judge blocking subpoenas against Fed Chair Powell
CNBC Television· 2026-03-13 20:11
Hi everybody. >> Hello. >> All right. So I'm here to speak about the decision that has been rendered in the case involving the board of governors of the Federal Reserve system. Now, the American public is fed up with public monies that seem to go into a black hole, especially in DC, where no one is held accountable. One of the age-old tools that all prosecutors have to investigate any crime, including cost overruns, is a grand jury subpoena. Today, however, in Washington, an activist judge has taken that to ...
Judge blocks subpoenas in criminal probe of Fed Chair Jerome Powell
CNBC Television· 2026-03-13 19:51
And I'm just turning here now uh the pages to the conclusion of this opinion because it is a remarkable opinion and I want to get to some of the details of it, Scott. But the conclusion is from Judge Bowberg. A mountain of evidence suggests that the government served these subpoenas on the board to pressure its chair into voting for lower interest rates or resigning. On the other side of the scale, the government has produced essentially zero evidence to suspect Chair Powell of a crime.Indeed, its justifica ...
U.S. Attorney Jeanine Pirro gives update on Federal Reserve investigation — 3/13/2026
CNBC Television· 2026-03-13 19:47
Jeanine Pirro, the top federal prosecutor in Washington, D.C., is set on Friday to give an update on the criminal investigation of Federal Reserve Chair Jerome Powell. Pirro’s planned statement comes as Sen. Thom Tillis, R-N.C., has vowed to continue a blockage of President Donald Trump’s nominee to replace Powell, Kevin Warsh, as chair. 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 ...
Consumer staples will lose pricing as energy costs rise from Hormuz blockage, says RBC's Nik Modi
CNBC Television· 2026-03-13 18:37
OF THE WORLD'S SUPPLY OF WHICH COMES FROM THE MIDDLE EAST. THAT IS UP NEARLY 30% OVER THE PAST MONTH, WITH WHICH WOULD MEAN HIGHER INPUT COSTS FOR FARMERS. MY NEXT GUEST SAYS THE UNCERTAINTY, COMBINED WITH INFLATIONARY EFFECTS OF HIGH OIL PRICES, HAS BEEN PLAYING A LITTLE HIDE AND SEEK WHEN IT COMES TO CONSUMER STAPLES.LET'S BRING IN NIK MODI. HE'S RBC CO-HEAD OF GLOBAL CONSUMER AND RETAIL. NIK, IT'S GOOD TO SEE YOU.I MEAN, YOU KNOW, THE QUESTION FOR THE PUBLIC IS ARE FOOD PRICES GOING UP. AND FROM THAT VER ...
Trading strategies as volatility rises amid the war in Iran and rising oil
CNBC Television· 2026-03-13 18:06
We did have a nice rally at the open. It's all but disappeared. Uh crude is now moving up.It was lower. The market liked it. Now crude is higher.Moving back towards 97 a barrel. Uh Weiss. I mean this seems pretty pretty obvious at this point.Stocks are going to have a hard time finding the footing that I suggest they're looking for. As long as the straight of Hormuz uh remains effectively closed, despite efforts by members of the administration to ease concerns about that, there are plenty of concerns and t ...