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 ...

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 ...

It's clear that AI is prompting some major leadership changes. The latest is Adobe CEO Shan Orion who announced last night he is transitioning out of his role once a successor is found. He led Adobe for 18 years successfully through the cloud transformation.But with AI becoming a bigger threat, investors have been left impatient. The stock is down about 60% from its record high. Despite new Gen AI capabilities in the latest quarter, annual recurring revenue did decelerate.Adobe isn't the only company in sof ...

I think it's very natural to be concerned about jobs. I think young people coming out of university today is like 9% unemployment. I think it could easily go into the mid30s in the next couple of years.>> The mid30s. >> I do. ...

Rubrik CEO Bipul Sinha joins 'Squawk on the Street' to discuss the company's latest earnings report, the war in Iran, and more. ...

Randy Smallwood, CEO of Wheaton Precious Metals, joins 'Money Movers' to discuss the company's latest earnings report, investing into metals amid uncertainty, and more. ...

Joe Lavorgna, former Trump Treasury official, and Kitty Richards, former Biden Treasury official, join 'Squawk Box' to discuss the latest economic data, state of the economy, and more. ...

Speaking of all this, let's get to the latest on the war this morning as oil prices do steady a bit here after touching their highest level in more than three years. Our Aean Jabbers in DC uh can round up what we heard out of the briefing this morning. Aan, >> yeah, good morning, Carl.You're right. We got this briefing from the top officials at the Pentagon this morning. Pete Hegth saying that the only thing keeping the straight of Hormuz closed right now is the fact that the Iranians are shooting at traffi ...

Trade tensions between the U.S. and China are rising ahead of a high-stakes summit in Beijing now less than three weeks away. U.S. Trade Representative Jamieson Greer discusses the administration’s new trade investigations, the state of relations with China, the impact of the Iran war, and President Trump’s tariff agenda. Then, with TSA workers set to miss their first paycheck of the shutdown, former DHS Secretary Jeh Johnson explains what the Senate’s funding fight could mean for airport staffing and air t ...

group of Democratic senators yesterday proposing tax legislation that would exempt millions of Americans from income taxes, but to pay for it, high earners would see big tax hikes. So, under the bill, any income up to $46,000 for individuals or $92,000 for couples would not be subject to any any federal income taxes. Now, to fund it, taxpayers making more than a million a year would get a progressive tax hike.So those making between 1 and 2 million would pay an extra 5% for a total top rate of 42%. That rat ...