Another jobs Friday with no government data due to the shutdown. Yumish, though coming in very low, near the lowest level ever since uh the 1970s as worries begin to build about the consumer and the macro environment overall. Our next guest says we may be close to the worst jobs market in 50 years outside of recession.Let's bring in Goldman Sachs chief economist Yan Hotz talk about what data he's watching and where he sees the market going from here. Yan, it's good to see you. Happy Friday.>> Very good to s ...

IBM shares holding relatively steady in a downbeat week for the tech sector. But on Tuesday, the company did announce plans to lay off a small percentage of its workforce, which could total thousands of jobs. Joining a slew of other companies in the last month, slimming down on labor right now.Joining me here in a CNBC exclusive interview from the city TMT conference, IBM CEO and chair Arvin Krishna. It's great to see you, >> Sarah. Always great to be here with you and CNBC in this wonderful lookout.It it i ...

Operational Impact of Government Shutdown - FAA ordered a 10% reduction of flights across 40 major US airports due to the government shutdown [2] - The US air system is facing a shortage of 2,000 to 3,000 air traffic controllers [1] Consumer Advice During Shutdown - Travelers should download airlines' mobile app and enable notifications for cancellations and schedule changes [3] - Airlines must provide refunds for cancelled flights, even for non-refundable tickets [3] - Some major airlines are offering refunds or waiving cancellation fees [4] - Travelers should consider flying on off-peak days [4] - Travel insurance may not cover shutdown disruptions unless policies include "cancel for any reason" or "interruption for any reason" benefits [5] Industry Recommendations - The industry emphasizes the importance of reopening the government to avoid flight cancellations [1] - The industry advises travelers to be patient and kind to airline and airport workers [5]

Economic Growth & Resilience - US economy defies tariff doomsday predictions, showing continued growth [1] - AI infrastructure is contributing to economic growth [1] - Corporate balance sheets are healthy, providing resilience and investment power [1] - American companies' investments are powering economic growth [1] Potential Risks & Softening - Potential risks include labor market drops, tariffs passed to consumers, and asset valuation adjustments [2] - Expectation of a period of economic softening [2] Overall Outlook - Reasonably positive outlook for the economy, expecting around 26 (likely referring to a specific economic indicator, but without context, the unit is unclear) [2] - US economy demonstrates resilience and strength compared to other regions [2]

Morning, Kate. >> Good morning, Carl. So, Sweet Green CEO John Newman saying last night, quote, "I think it's pretty obvious that the consumer is not in a great place overall, but I think it's much more complicated than that." Taking a look at the big picture here, lower income consumers pulling away from quick service chains.McDonald's CEO noting a bifurcated consumer with lower income traffic across the sector down double digits. A similar pullback taking shape this quarter at Wingstop. CNBC viewed a memo ...

President Donald Trump participates in a bilateral meeting with Hungarian Prime Minister Viktor Orbán at the White House on Friday. 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 updat ...

FAA's mandatory flight cuts begin to take effect today as the government shutdown enters a record 38th day and we're watching the Senate. Let's get to Emily Wilkins in Washington with a look at whether or not Thoon's plan is going to work. Emily, hey Carl.Well, look, there is a lot of movement here on Capitol Hill, but it's not clear at this point whether a resolution is going to come anytime soon. So, we're hearing the outlines, the contours, if you will, of a potential deal. So, this would include partial ...

Welcome back to Squawk on the Street. I am live today from Cityroup's Tech Leadership Summit. And let's bring in the host of the event, Cityrg CEO and chairman Jane Frasier to discuss her outlook and what we can expect here on the ground.Thank you for having us here again. It's great to be here. >> Oh, it's fantastic to have you back again.And as you see, we've got a wonderful agenda. >> A wonderful agenda, especially for this moment because we're we're in a bit of a of a bumpy phase in the markets this wee ...

We believe um and and believed at that time that women's sports, tennis in particular, has been undervalued in the marketplace. And so one of the primary things that we were looking for in a television partner was a partner that was willing to invest that believed in um providing us with the value that we have earned and that our fans demand. Um, so I think Tennis Channel um came to the table and they were really ready to invest um at at at a very high level relative to some of the other biders um that we w ...

Market is capping off a downbeat week for the major averages led lower by tech which we'll talk about in a minute. Joining us this morning, David Kelly, chief global strategist over at JP Morgan Asset Management, can help us kind of digest the week and this uh Yumish print. David, I mean, we were just talking about how uh the stock market at record highs is not getting reflected in overall sentiment.No, >> absolutely. I mean, we've got we've got submarine sentiment. Uh we've got a sort of a tortoise-like ec ...